2024-11-15T10:25:58+00:00 2023-12-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2023-01-01 822831410 Cable & Wireless Charitable Foundation Inc CABL 3054249527 7600 Corporate Center Drive Ste 600 Miami FL 33126 Ruchi Kaushal Director 3054249527 2024-11-15 true Katherine Kurtzman P01236691 3128792000 2024-11-12 2023 2024-10-15 13:58:12Z RUCHI KAUSHAL 7600 Corporate Center Drive Ste 600 Miami FL 33126 806124 false X WWW.CWC.COM X 2017 FL Enabling progress and building more resilient communities so that people in the Caribbean and Latin America can thrive. 9 3 0 9 0 0 759027 721325 0 0 0 0 -95058 -138276 663969 583049 559612 11200 0 0 0 0 0 0 0 6002 11743 565614 22943 98355 560106 624831 1131939 70150 11200 554681 1120739 Enabling progress and building more resilient communities so that people in the Caribbean and Latin America can thrive. false false 11200 11200 0 In the current year, the Foundation has supported connectivity and education in schools by donating computers and other technology equipment in St. Vincent & the Grenadines and Trinidad. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communications, LLC's low-income broadband initiative in St. Lucia, Grenada and Barbados. 11200 true true false false false false false false false false false false false false false false false false false true true false false true false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 9 3 true false false false true true true true false false false true true true true false false false false false CO FL NY X RUCHI KAUSHAL 3054249527 7600 CORPORATE CENTER DR SUITE 600 MIAMI FL 33126 INGE SMIDTS CHAIRMAN & DIRECTOR 4.0 0.0 X X 0 0 0 RUCHI KAUSHAL SECRETARY & DIRECTOR 4.0 0.0 X X 0 0 0 BRIAN LILLY DIRECTOR 4.0 0.0 X 0 0 0 DANIEL BORGES OTONI NEIVA DIRECTOR (UNTIL 06/23) 4.0 0.0 X 0 0 0 DOMINIC BOON DIRECTOR 4.0 0.0 X 0 0 0 ITAY YEFET DIRECTOR (AS OF 06/23) 4.0 0.0 X 0 0 0 MICHAEL COAKLEY DIRECTOR 4.0 0.0 X 0 0 0 Michelle Wilson-Clarke Director 4.0 0.0 X 0 0 0 MUNA ISSA DIRECTOR 4.0 0.0 X 0 0 0 STEPHEN PRICE DIRECTOR 4.0 0.0 X 0 0 0 LEAH PEGG ASSISTANT SECRETARY 4.0 0.0 X 0 0 0 NOELLE SMIKLE PRESIDENT 4.0 0.0 X 0 0 0 RABIYA ALLOO TREASURER 4.0 0.0 X 0 0 0 SEAN FITZGERALD ASSISTANT TREASURER 4.0 0.0 X 0 0 0 0 0 0 0 false false false 0 337770 300000 83555 721325 0 0 0 0 0 0 0 0 0 84799 337770 223075 -138276 -138276 0 0 0 0 0 583049 0 0 -138276 11200 11200 0 0 0 0 0 0 0 0 0 0 VENDOR COSTS 418 418 BANK FEES 1526 1526 OTHER EXPENSES 9799 9799 0 0 0 0 22943 22943 0 0 624831 981939 150000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 624831 1131939 70150 11200 0 0 0 0 70150 11200 X 554681 1120739 554681 1120739 624831 1131939 560106 0 0 0 5952 0 X false false false X 1461457 568466 442728 759027 721325 3953003 0 0 1461457 568466 442728 759027 721325 3953003 2366488 1586515 0 0 90512 0 0 71989 84799 247300 4200303 0 0.3777 0.3547 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS EVENT REVENUE, COLUMN A - 90512.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 71989.0, COLUMN E - 84799.0, COLUMN F - 247300.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true Central America and the Caribbean 0 0 Grantmaking In the current year, the Foundation has supported connectivity and education in schools by donating computers and other technology equipment in St. Vincent & the Grenadines and Trinidad. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communication LLC's low-income broadband initiative in St. Lucia, Grenada and Barbados. 11600 0 0 0 0 0 0 11600 0 11600 Central America and the Caribbean Provision of equipment including computers, monitors, andprinters 9100 Procurement of equipment including computers, monitors, and printers FMV Central America and the Caribbean Reactivation of the school's computer lab to support ICT learning. 2100 PROCUREMENT OF LAPTOPS FMV 0 2 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds The Foundation adopts a systematic approach to grant selection and direct relief funding. 1. Once an opportunity for support has been identified, the Foundation works with local and regional stakeholders to select qualifying projects. 2. Once a project has been identified, the president of the Foundation works with the proposed awardee to: a. Complete an assessment that demonstrates the organization is qualified to carry out the project. Where possible, the president interviews the proposed grantee in person to complete the assessment. The assessment: i. Provides a brief description of the situation, the expected activities to address to the situation and estimated cost to carry out the identified activities. The assessment also provides a description of the excepted impact of the activities. ii. Contains information to help determine if the grantee is a registered charity, NGO, or qualifying implementing organization. The Foundation also works with local foundations to execute projects, in keeping with its mission. iii. Is also reviewed by the compliance officer at Cable & Wireless Communications, LLC. iv. If the grantee is a local government organization, the assessment provides a clear scope for the use of fund, including how the government entity will support activities that will benefit a board range of recipients regardless of political persuasion. b. All grant assessments are then submitted to the board of directors of the Foundation for approval. c. Once a grant has been approved, a grant letter is sent to the implementing agency outlining the terms of the grant. Under the terms of the grant, the implementing agency agrees to: i. Provide receipt of the grant ii. Provide all financial information related to the project, including information related to how the grant was used. iii. Provide updates/reports on the project. iv. Participate in communications and public relations activities related to the project. v. Any relevant signage and branding related to the project. d. In cases of direct relief, the president of the Foundation makes a formal proposal to the board of directors for approval. The proposal request: i. Outlines the reason for the requested support and expected impact. ii. Identifies the vendor/contractor who will carry out the relief activities. iii. Includes all the necessary financial data associated with direct relief costs. Once the funds are disbursed, the president of the Foundation works with the contractors to submit a report to the board on the use of funds, impact, and final status of the activity. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual Racing Experience 401350 337770 63580 0 2704 0 49070 87264 84037 Exercise Challenge 19975 0 19975 0 0 0 0 0 0 3 1244 0 1244 0 0 0 0 0 0 422569 337770 84799 0 2704 0 49070 87264 84037 223075 -138276 Form 990, Part VI, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS In 2023, the following directors are also officers of Cable & Wireless Communications LLC (formerly Cable & Wireless Communications, Inc.) or its affiliate, Liberty Latin America Ltd.: Inge Smidts, Dominic Boon, and Ruchi Kaushal. The following directors are employees of Cable & Wireless Communications LLC or its affiliate, Liberty Latin American Ltd.: Itay Yefet, Stephen Price, Michael Coakley, and Daniel Neiva. Form 990, Part VI, Line 6 Classes of members or stockholders Cable & Wireless Communications, LLC is the sole corporate member of Cable & Wireless Charitable Foundation, Inc. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Cable & Wireless Communications, LLC as the sole member shall have the power to elect the directors of the corporation and to remove any one or more of the directors at any time. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Any amendment to any provision of the organization's bylaws shall be approved by written consent by Cable & Wireless Communications, LLC as the sole member of the organization. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body Cable & Wireless Charitable Foundation, Inc. does not have any committees as of December 31, 2023. Form 990, Part VI, Line 11b Review of form 990 by governing body The form 990 is prepared by an outside accounting firm using information provided by the Foundation. A draft of the return is reviewed by the Legal and Finance departments at Cable & Wireless Communications, LLC and the Board of Directors of the Foundation. Form 990, Part VI, Line 12c Conflict of interest policy Each director, principal officer and member of a committee with governing board delegated powers must annually sign a statement affirming such person: (a) has received a copy of the conflicts of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy, and (d) understands that the corporation is a charitable organization, and in order to maintain its federal tax exemption it must be operated exclusively for a charitable purpose. In connection with any actual or potential conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Procedures for addressing the conflict of interest A. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the potential conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction of arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Line 19 Required documents available to the public The Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Schedule F, Part II, Line 1 Grants disbursed THE FOUNDATION DISBURSED THE BELOW GRANTS DURING THE TAX YEAR THAT ARE REPORTED ON SCHEDULE F, PART II, LINE 1. PART II, GRANT 1 St. Vincent and the Grenadines: The Dorsetshire Hill School which serves a population of 64 students from low income families. Students at this school receive government assisted breakfast and lunch. CWCF provided equipment including computers, monitors, and printers. The value of this grant was USD $9,100.08. PART II, GRANT 2 Trinidad: Flow Trinidad hosted a Career Day at a Primary School which serves 450 students. CWCF contributed to the reactivation of the school's computer lab to support ICT learning via pennacool.com. CWCF provided 10-15 laptops valuing USD $2,100. Cable & Wireless Communications LLC 7600 CORPORATE CENTER DRIVE SUITE 600 MIAMI FL 33126 473177038 TELECOMM FL NA C Corporation false false true true false false false false false false false false false false true false true false false