2024-04-25T12:50:13-07:00 2023-12-31 990 2023-01-01 832100439 Friends of EDTF Inc Co Lulite Ejigu FRIE 6469196609 3825 MANCHESTER CIRCLE PLANO TX 75023 MESFIN DEMISE Treasurer 2024-04-25 MESFIN DEMISE 999009999 true 0 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Mesfin Demise 3825 Manchester Circl Plano TX 75023 465987 false X N/A X 2018 DE Friends of EDTF Inc FEDTF is established to mobilize voluntary contributions from the Ethiopian Diaspora and others who wish to support ("FEDTF") to fund the Ethiopian Diaspora Trust Fund EDTF in Ethiopia that will finance people-focused social and economic development projects in various regions of Ethiopia. 12 12 0 12 0 759694 314010 0 15624 151977 0 775318 465987 183189 85462 0 0 0 1124 69750 106644 252939 192106 522379 273881 5809318 6083199 1 1 5809317 6083198 Friends of EDTF Inc ("FEDTF") is established to mobilize voluntary contributions from the Ethiopian Diaspora and others who wish to support FEDTF to fund the Ethiopian Diaspora Trust Fund EDTF in Ethiopia that will finance people-focused social and economic development projects in various regions of Ethiopia. false false 145000 In 2022, this public charity continued to fund the previous five projects it did since 2020. It has also funded the purchase and delivery of additional Covid-19 related personal protection equipment. 145000 true false false false false false false false false false false false false false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false false false false X 12 12 false false true false false false false true true false true true true true true true true true true true false X LULITE EJIGU 6469196609 3825 MANCHESTER CIRCLE PLANO TX 75023 X Lulite Ejigu Chairman 5.00 0.00 X X 0 0 0 Mesfin Demise Treasurer 5.00 0.00 X X 0 0 0 Solomon Lemma Secretary 5.00 0.00 X X 0 0 0 Henok Tesfaye Trustee 1.00 0.00 X 0 0 0 Dr Lemma Senbet Trustee 1.00 0.00 X 0 0 0 Dr Ghenno Senbetta Trustee 1.00 0.00 X 0 0 0 Yehenew Walilegne Trustee 1.00 0.00 X 0 0 0 Elias Wondimu Trustee 1.00 0.00 X 0 0 0 Ms Muluemebet C Hunegnaw Trustee 1.00 0.00 X 0 0 0 Mr Solomon Seyoum Trustee 1.00 0.00 X 0 0 0 Dr Tesfaye Desalegne Trustee 1.00 0.00 X 0 0 0 Dr Yodit Benalfew Trustee 1.00 0.00 X 0 0 0 0 false false false 0 314010 314010 0 151977 151977 0 0 0 0 0 0 0 0 465987 151977 0 0 85462 85462 0 0 0 0 0 0 0 0 0 14480 14480 0 0 0 0 5109 3985 1124 3979 3979 730 730 0 7059 7059 0 0 0 0 0 0 865 865 CONTRACTORS 73527 55145 18382 TAXES & LICENSES 487 487 BANK FEES 408 408 0 192106 145000 45982 1124 567102 324556 5242216 5758643 0 0 0 0 0 0 0 0 0 0 0 0 0 5809318 6083199 1 1 1 1 X 121542 6083198 5687775 5809317 6083198 5809318 6083199 273881 X true X true X true false X 4427009 1814588 925776 759694 314010 8241077 0 0 4427009 1814588 925776 759694 314010 8241077 0 8241077 35100 31312 6674 15624 151977 240687 0 0 8481764 X 0.00000 false true false true true true false false false false false false false false false false false false true Part IV, Section A, Line 1: Description Of How Supported Organizations Are Desigated Supported organizations are generally described as those charties involved in the areas of education, health, individuals with disablities , access to clean water, electricity. No specific organization is listed in the governing documents. Part IV, Section A, Line 2: Description Of How Organization Determined Supported Org. Supported organizations are evaluated by the board after submitting applications for grants. Based on the criteria as prescribed in the bylaws, the board makes decisions via a voting system. Part IV, Section A, Line 3c: Explain What Controls The Organization Put In Place Periodic valuations are carried out by the board to ensure that the grants are used for the purposes prescribed. Part IV, Section A, Line 4b: Description Of Control And Descretion Applicants for grants are evaluated by a vetting process by a local body affiliated to FEDTF. Part IV, Section A, Line 4c: Description Of Controls To Ensure Exclusive 170(c)(2)(B) Use Stringent evaluating process by a local body in Ethiopia. Part IV, Section B, Line 1: Explanation Of How Supported Orgs. Managed Actvities Through a local body which evaluated how projects progressed on the ground. Part IV, Section B, Line 2: Providing Benefit Carried Out the Purposes of Supported Orgs. The purpose of the supported organizations were vetted a body locally. Rounding 1 1 true Disabilities Bank wire Grants Healthcare & Water Bank Tranfer Cash 1 1 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Monitor use of funds locally via affiliated charities. Part I, Line 3f - Method of Accounting Cash basis accounting. Form 990, Part VI, Section A, Line 1a Finance committee to review financial statements and the tax return to be filed. Form 990, Part VI, Section A, Line 4 4. The original Bylaws of EDTF were amended to strengthen EDTF's Leadership. A careful and thorough review of the EDTF US bylaws by a highly reputable, renowned law firm, have been amended and approved by a majority vote at the end of 2020.. The key revisions to the original bylaws include the following: Clarification of the EDTF US Board membership to be an independent decision-making body as required by the US law, Requirement for each EDTF Board Member to be accountable on an individual basis as required by US law. Setting a term limit for the board members and putting in place a process to allow new Board members to join. Provision of flexibility to the Board to establish an operating budget. While volunteers will continue to be the backbone of EDTFs existence, a sustainable and growing organization can not FULLY depend on volunteers who could only put in the time whenever they could and who could occasionally leave with no mechanism to retain the institutional experience. The operating budget will support dayto-day operations and fundraising activities in the US, and work with implementing partners in monitoring funded projects in Ethiopia. It will keep its operating budget lower than the federal industry standard rate of 10, often used as a benchmark for federal contracts and efficient nonprofits. EDTF also wants to reiterate that no funds donated through December 31, 2020 will be used for operating expenses. In fact, the Entity notified all donors that the operating budget changes would only come out of new donations after January 1, 2021. Form 990, Part VI, Section B, Line 11b F-990 prepared in draft form and shared with the Treasurer for review and any correction. Form 990, Part VI, Section B, Line 12c Any potential conflict of interest is discussed and monitored. However, since no officer or trustee is compensated nor any contracts entered into are verfied for conflicts of interest there no risks of conflicts of interest in this reporting period nor in priod reporting periods. Form 990, Part VI, Section B, Line 15a No one officer is compensated either in the past or during this reporting period. Form 990, Part VI, Section B, Line 15b No one officer is compensated either in the past or during this reporting period. Form 990, Part VI, Section C, Line 19 Both on own website and upon request.