2024-05-13T07:54:42-05:00 2023-06-30 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2022-07-01 371862803 LIBERIA CONSERVATION FUND INC C/O CONSERVATION INTERNATIONAL LIBE 7033412572 2011 CRYSTAL DRIVE 600 ARLINGTON VA 22202 ANDREW SCHATZ PRESIDENT AND DIRECTOR 7033412572 2024-05-10 1 ANDREW SCHATZ 999009999 1 FRANK H SMITH P00639053 2022274000 2024-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREW SCHATZ 2011 CRYSTAL DRIVE 600 ARLINGTON VA 22202 568943 0 X N/A X 2017 NY TO SUPPORT THE CONSERVATION OF LIBERIA'S PROTECTED AREAS AND LIBERIAN SUSTAINABLE DEVELOPMENT. 4 4 0 5 0 0 0 119626 0 0 34394 83923 0 0 34394 203549 0 0 0 0 0 0 0 0 0 12343 20089 12343 20089 22051 183460 1217682 1306751 0 0 1217682 1306751 X LIBERIA CONSERVATION FUND INC. (THE ORGANIZATION") IS A NOT-FOR-PROFIT CORPORATION ORGANIZED FOR CHARITABLE PURPOSES TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR THE CONSERVATION OF LIBERIA'S PROTECTED AREAS AND PROMOTE SUSTAINABLE DEVELOPMENT WITHIN LIBERIA. 0 0 IN THIS TAX YEAR, THE ORGANIZATION HAS WORKED TO FUNDRAISE, GROW ITS ENDOWMENT, AND BUILD ITS GRANT-MAKING AND ORGANIZATIONAL CAPACITY TO DELIVER ON ITS CHARITABLE PURPOSES. THE ORGANIZATION CONTINUED TO WORK WITH ITS INVESTMENT MANAGER TO ENSURE THAT THE EXISTING ENDOWMENT IS WISELY AND BROADLY INVESTED, IN WAYS LIKELY TO ACHIEVE ITS INTENDED RETURNS WHILE SAFEGUARDING CAPITAL. WHILE THE ORGANIZATION IS STILL WORKING ON EFFORTS TO RECEIVE MATCHING FUNDS PLEDGED FROM THE GOVERNMENT OF LIBERIA, ITS ENDOWMENT HAS GROWN TO THE POINT WHERE IT IS COMFORTABLE TO BEGIN THE PROCESS OF GRANTING FUNDS TOWARDS CONSERVATION ACTIVITIES IN LIBERIA, STARTING IN THE NEXT TAX PERIOD. IN ADDITION, THE ORGANIZATION RAMPED UP ITS FUNDRAISING EFFORTS ENGAGING MULTIPLE DONORS FROM MULTILATERAL INSTITUTIONS, THE GOVERNMENT OF LIBERIA, FOREIGN GOVERNMENTS (AND THEIR DEVELOPMENT AGENCIES), NON-PROFIT ORGANIZATIONS, AND THE GENERAL PUBLIC. THE ORGANIZATION STARTED A SOCIAL MEDIA CAMPAIGN, A DEDICATED FUNDRAISING WEBSITE WITH THE SUPPORT OF PARTNERS, AND RAISED FUNDS FROM THE GENERAL PUBLIC. IN ADDITION, THE ORGANIZATION SIGNED GRANT AGREEMENTS WITH CONSERVATION INTERNATIONAL TOTALING OVER $118,000 IN GRANT FUNDING TO THE ORGANIZATION FOR SHORT-TERM EXPENDITURES. THE ORGANIZATION ALSO WORKED WITH CONSULTANTS, THE GOVERNMENT OF LIBERIA, AND POTENTIAL DONORS TO IDENTIFY AREAS FOR ORGANIZATIONAL IMPROVEMENT AND STRENGTHENING. THE ORGANIZATION HIRED A CONSULTANT TO REVISE AND/OR DRAFT ITS OPERATIONAL AND GRANT-MAKING DOCUMENTS. LIKEWISE, THE ORGANIZATION CONCLUDED AN ADMINISTRATIVE SERVICES AGREEMENT WITH CONSERVATION INTERNATIONAL LIBERIA TO PROVIDE ADMINISTRATIVE SERVICES TO THE ORGANIZATION, AND IN PARTICULAR, BEGIN THE WORK OF SCOPING AND ISSUING THE FIRST GRANT TO SUPPORT CONSERVATION IN OR AROUND THE EAST NIMBA NATURE RESERVE IN LIBERIA. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X ANDREW SCHATZ 7033412572 2011 CRYSTAL DRIVE 600 ARLINGTON VA 22202 X JOHN HOWELL SECRETARY/DIRECTOR 3.00 X X 0 0 0 BJORN STAUCH END 1123 TREASURER/DIRECTOR 3.00 X X 0 0 0 WING-YUNN CRAWLEY VICE PRESIDENT/DIRECTOR 3.00 X X 0 0 0 SAAH A DAVID JR START 522 PRESIDENT/DIRECTOR 3.00 X X 0 0 0 ANDREW SCHATZ START 1123 DIRECTOR 3.00 X 0 0 0 0 0 0 0 0 0 0 0 119626 119626 29426 29426 419891 365394 54497 54497 54497 203549 0 0 83923 X 2834 2834 4365 4365 10800 10800 1840 1840 TAXES & FEES 250 250 20089 0 20089 0 4169 25445 1212508 51092 1230214 1005 0 1217682 1306751 0 0 X 1217682 1306751 1217682 1306751 1217682 1306751 X 183460 5609 -100000 X 0 0 0 X 119626 119626 119626 119626 119626 32313 26606 21933 25167 29426 135445 255071 0.46900 X SCHEDULE A, PART II, COLUMN (E) THE ORGANIZATION WAS INCORPORATED ON JUNE 23, 2017. ITS INITIAL RETURN FOR THE PERIOD ENDED JUNE 30, 2017, WAS A SHORT PERIOD RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS PRESENTED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, MEMBER OR KEY PERSON WITH RESPECT TO THE BOARD OF DIRECTORS OF THE ORGANIZATION OR ANY COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION SHALL SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: - HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, - HAS READ AND UNDERSTANDS THE POLICY, - HAS AGREED TO COMPLY WITH THE POLICY, AND - UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES-COMPLIANCE : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,800. FORM 990, PART XI, LINE 9: REPAYMENT OF PRIOR YEAR GRANT RECEIVED -100,000.