2024-05-13T09:28:45-05:00 2023-12-31 830696713 GARCIA ESPINOSA MIYARES RODRIGUEZ TRUEBA 2600 DOUGLAS ROAD SUITE 800 CORAL GABLES FL 33134 990 2023-01-01 824331338 UNIVERSIDAD MONTEAVILA FOUNDATION CORP UNIV 3058903496 8950 SW 74TH COURT 2201 MIAMI FL 33156 LUIS CASAS PRESIDENT 7862957623 2024-05-13 1 LUIS CASAS 999009999 0 MARIANO J RODRIGUEZ CPA P00174640 3055295440 2024-05-06 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z LUIS CASAS 31 SE 5TH STREET SUITE 301 MIAMI FL 33131 22599 0 X N/A X 2018 FL OBTAINING THE FUNDS REQUIRED FOR THE CONSTRUCTION OF THE NEW CAMPUS FOR THE UNIVERSIDAD MONTEAVILA IN CARACAS, VENEZUELA. THE UNIVERSIDAD MONTEAVILA IS A VENEZUELAN INSTITUTION OF HIGHER EDUCATION, NON- PROFIT, AND WITH ITS OWN LEGAL PERSONALITY, DEDICATED TO THE ACADEMIC AND SCIENTIFIC TRAINING OF COMPETENT PROFESSIONALS IN THEIR AREAS OF EXPERTISE. 5 5 0 15 0 0 38778 22000 0 447 0 152 0 0 38778 22599 17100 12000 0 0 0 0 0 0 0 34392 7692 51492 19692 -12714 2907 451211 454118 498000 498000 -46789 -43882 UNIVERSIDAD MONTEAVILA FOUNDATION WILL DONATE ALL THE NET PROCEEDS RAISED TO UNIVERSIDAD MONTEAVILA IN CARACAS, VENEZUELA TO HELP WITH CONSTRUCTION OF A NEW CAMPUS. 0 0 14100 12000 22000 UNIVERSIDAD MONTEAVILA FOUNDATION WILL DONATE ALL THE NET PROCEEDS RAISED TO UNIVERSIDAD MONTEAVILA IN CARACAS, VENEZUELA TO HELP WITH CONSTRUCTION OF A NEW CAMPUS. 14100 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 FL X LEONARDO SALAS 7862957623 31 SE 5TH STREET SUITE 301 MIAMI FL 33131 X LEONARDO SALAS DIRECTOR 5.00 X 0 0 0 LUIS CASAS PRESIDENT 5.00 X 0 0 0 JOSE RAFAEL SUAREZ TREASURER 15.00 X 0 0 0 MIGUEL BRAVO VICE-PRESIDENT 30.00 X 0 0 0 ELIU RAMOS SECRETARY 2.00 X 0 0 0 0 0 0 0 0 0 0 0 22000 22000 EXPENSE REIMBURSEMENT 900099 447 447 447 152 152 22599 0 0 599 12000 12000 4935 4935 64 64 PROFESSIONAL FEES 2100 2100 RENT 589 589 BANK FEES 4 4 19692 14100 5592 0 389328 454118 0 61883 0 451211 454118 498000 498000 498000 498000 X 8000 8000 0 0 -54789 -51882 -46789 -43882 451211 454118 2907 0 X 0 0 0 X 5000 772941 146035 38778 22000 984754 5000 772941 146035 38778 22000 984754 0 0 0 984754 5000 772941 146035 38778 22000 984754 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SOUTH AMERICA GRANTS ARE FOR CONSTRUCTION OF NEW CAMPUS OF MONTEAVILA UNIVERSITY IN CARACAS,VENEZUELA CONSTRUCTION OF CAMPUS IN CARACAS, VENEZUELA 12000 0 0 0 0 0 0 12000 0 12000 SOUTH AMERICA CONTRIBUTIONS FOR THE PURPOSE OF THE CONSTRUCTION OF CAMPUS. 12000 WIRE 0 CASH 0 0 0 0 0 0 PART I, LINE 2: CONTROL AND RESPONSIBILITY OF THE FUNDS RECEIVED BY THE FOUNDATION AND GRANTED TO FOREIGN ORGANIZATIONS OR INDIVIDUALS TO ENSURE THEY ARE USED PROPERLY WILL BE DONE IN THE FOLLOWING WAY: THE MOST IMPORTANT THING TO HIGHLIGHT ABOUT THE USE OF THESE FUNDS IS THAT THEY GO FOR THE CONSTRUCTION OF THE NEW CAMPUS OF THE MONTEAVILA UNIVERSITY. THE UNIVERSITY IN CARACAS VENEZUELA, LIKE THE FOUNDATION IN THE USA, ARE NON-PROFIT INSTITUTIONS, AND THEY HAVE THOROUGH COMPTROLLER SYSTEMS TO GUARANTEE THEIR DONORS THE FATE OF THEIR CONTRIBUTIONS. THE AMOUNTS RECEIVED BY THE FOUNDATION WILL BE TRANSFERRED TO THE UNIVERSITY FOR THE SOLE PURPOSE OF BUILDING THE CAMPUS AND SUPPLYING THE FURNITURE AND EQUIPMENT SUCH AS AIR CONDITIONING, AMONG OTHERS. THE UNIVERSITY HAS A CONSTRUCTION COST ESTIMATE FOR THE BUILDING, FURNITURE AND EQUIPMENT OF THE NEW CAMPUS, WHICH COMES FROM A WELL-DEFINED PROJECT. THE FOUNDATION WILL HAVE A COMPTROLLER ORGANIZATION WITH PERSONNEL ON SITE, AND IN OFFICE, TO GUARANTEE THAT THE FUNDS ARE PROPERLY USED. THEIR JOB WILL INCLUDE THE EVALUATION OF ALL THE CONSTRUCTION BIDS RECEIVED AND PREPARE RECOMMENDATIONS TO THE UNIVERSITY AND THE FOUNDATION AS TO THE CONSTRUCTION COMPANY OR COMPANIES WHICH OFFER THE BEST PRICE AND CONDITIONS. THEY WILL INSPECT AND SUPERVISE THE WORK. PART OF THEIR DUTIES WILL BE TO GUARANTEE QUALITY CONTROL OF THE MATERIALS USED, CONTROL OF THE TIMELINE OF EXECUTION, TESTS THAT NEED TO BE DONE ON THE DIFFERENT CONSTRUCTION MATERIALS SUCH AS CONCRETE, SOIL STUDIES. THEY WILL HAVE THE ADMINISTRATIVE CONTROL OF THE CONSTRUCTION VALUATIONS, OR INVOICES OF PERIODIC COMPLETED WORK THAT NEEDS TO BE PAID. APART FROM CHECKING THE FUNDS RECEIVED ARE ADEQUATELY INVESTED, THEY WILL DO PERIODIC AUDITS. AT THE END OF CONSTRUCTION, THEY WILL SIGN THE FINAL RECEPTION OF WORK, AFTER A FINAL ADMINISTRATIVE AUDIT IS DONE. THROUGHOUT THIS TIME, THE COMPTROLLER GROUP WILL WRITE MONTHLY REPORTS TO THE FOUNDATION COVERING ALL THE ITEMS MENTIONED ABOVE. THE FOUNDATION, THROUGH CONSULTANTS, WILL REVIEW THESE REPORTS AND PRESENT THE RECOMMENDATIONS TO THE BOARD MONTHLY. THE DIFFERENT CONTRACTORS WILL BE REQUIRED TO PROVIDE INSURANCE OR BANK WARRANTEES TO GUARANTEE THE FULFILMENT OF THEIR RESPECTIVE CONTRACTS. THESE WARRANTEES WILL BE RETURNED AT THE END OF THE CONTRACT. THE FOUNDATION HAS NO OBJECTION TO FORWARDING THESE REPORTS TO THE IRS FOR FURTHER REVIEW. PART III, COL (C): UNIVERSITY CAMPUS IN CARACAS, VENEZUELA FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING THE RETURN FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST