2024-05-13T05:56:39-04:00 2023-12-31 990PF 2023-09-27 933652188 Tikondane Foundation % Reina Abolofia TIKO 5035159787 8310 N Edison St Portland OR 972035309 Reina Abolofia President 5035159787 2024-05-13 Reina Abolofia XXX-XX-XXXX 2023 2023-04-26 12:10:37Z X X X 511 X 2100 X 0 0 2100 0 0 1589 0 0 1589 1589 0 0 1589 0 0 1589 0 0 1589 511 0 0 0 0 0 511 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 511 511 0 0 0 0 0 0 0 0 X 0 511 0 0 0 0 0 511 0 511 0 511 511 511 0 0 0 0 0 0 0 0 0 0 0 0 0 false false false 0 0 0 false false false false true false OR false true false false false true https://tikondanefoundation.org Reina Abolofia 5035159787 8310 N Edison St Portland OR 972035309 true ZA false false false false false false false false false false false false false false false false false false false false false false Reina Abolofia 8310 N Edison St Portland OR 972035309 President 15.00 0 0 0 Carrie Edwards 8310 N Edison St Portland OR 972035309 Secretary 1.00 0 0 0 Eva Geer 8310 N Edison St Portland OR 972035309 Treasurer 1.00 0 0 0 Rachael Berecka 8310 N Edison St Portland OR 972035309 Member at Large 1.00 0 0 0 Bernadette Tembo 8310 N Edison St Portland OR 972035309 Member at Large 20.00 0 0 0 Mathews Ngulube 8310 N Edison St Portland OR 972035309 Member at Large 20.00 0 0 0 NONE NONE Hunger help - This program provides cash assistance to families in Katete District Eastern Province Zambia enabling them to purchase maize and address immediate food insecurity. Assistance is distributed monthly based on need assessments conducted in collaboration with local community leaders. The program not only aids in immediate hunger relief but also supports the local economy by allowing families to purchase food from local vendors. 1589 0 306 0 306 0 0 306 511 0 0 X 1589 0 0 0 0 1589 X 0 0 0 0 1579 1579 0 0 1579 1579 2100 2100 2100 2100 0 0 0 0 0 0 0 0 false false false false false false false false false false 511 In the 2023 tax year the Tikondane Foundation met the IRS-required cash distribution test by ensuring that a substantial portion of our assets was used for qualifying charitable activities. Below are the details of how we achieved this: Asset Valuation: As a newly established foundation our initial funding primarily consisted of a donation of $2,100 which were contributed to kickstart our charitable activities. Types of Distributions: Direct Charitable Activities: Out of the total funds available we spent $1,589 on direct charitable activities aimed at improving living conditions and supporting the basic needs of communities in Katete District Zambia. These activities included distributing essential supplies and providing direct assistance to those most in need. Compliance Measures: We kept detailed records of all financial transactions to ensure transparency and accountability. This included receipts and documentation for all expenditures made for charitable purposes. Our foundation's board reviewed these expenditures regularly to ensure they aligned with our mission and the requirements set forth by the IRS. Total Disbursements: The total amount disbursed for charitable purposes amounted to $1,589 which represents approximately 75% of the initial funds. This substantial percentage underscores our commitment to using our resources effectively for charitable purposes. Plans for Future Compliance: We plan to increase our funding and expand our charitable activities in the coming years to not only meet but exceed the 5% distribution requirement typical for more established foundations with larger asset bases. This includes engaging more donors applying for grants and increasing our fundraising activities to ensure a greater impact on our charitable missions. As a newly established organization we are actively learning about and working to comply with all applicable filing requirements. This includes understanding the obligation to furnish Form 990-PF to the appropriate state authorities. We intend to submit this year's Form 990-PF to the State of Oregon as soon as it is completed to ensure our compliance with state regulations. We are committed to maintaining transparency and adhering to all regulatory requirements moving forward. Hunger help 1589 0 0 1589