2025-02-14T11:50:04-06:00 2024-03-31 132907212 FRENDEL BROWN & WEISSMAN LLP CPA'S 655 THIRD AVE - SUITE 1400 NEW YORK NY 10017 990 2023-04-01 825076065 SERICA INITIATIVE INC SERI 2128617751 1202 LEXINGTON AVENUE 164 NEW YORK NY 10028 ANLA CHENG CEO 2128617751 2025-02-14 1 0 DANIEL GORNSTEIN P01425093 2128679630 2025-02-14 2023 2025-03-06 01:10:19Z ANLA CHENG 1107 FIFTH AVENUE NEW YORK NY 10128 383152 0 X WWW.SERICAINITIATIVE.ORG X 2018 NY THE SERICA INITIATIVE INC. RAISES AWARENESS OF THE ASIAN DISAPORA IN AMERICA THROUGH DIALOGUE, STORYTELLING, AND THE POWER OF CONVENING. 3 3 0 0 0 0 197285 179454 52037 203698 0 0 0 0 249322 383152 0 0 0 0 41818 9185 0 0 0 138695 315054 180513 324239 68809 58913 253815 289888 108980 86140 144835 203748 THE SERICA INITIATIVE INC. RAISES AWARENESS OF THE ASIAN DISAPORA IN AMERICA THROUGH DIALOGUE, STORYTELLING, AND THE POWER OF CONVENING. 0 0 88337 171698 IN MAY 2023, SERICA HELD ITS ANNUAL GALA. THIS EVENT WAS TO GALVANIZE A GLOBAL COMMUNITY OF CHANGEMAKERS FOR GREATER ASIAN AMERICAN INCLUSION AND POSITIVE SOCIAL IMPACT. IT IS A GATHERING TO COVENE TRAILBLAZERS, THOUGHT LEADERS, AND RISING TALENTS TO EMPOWER AND INSPIRE EACH OTHER. 5138 32000 THE CEO DINNER SERIES IS AN ONGOING PROGRAM IN WHICH ATTENDEES HEAR FROM EMINENT LEADERS IN THEIR FIELDS. THESE DICUSSIONS OVER DINNER BRING TOGETHER BRILLIANT MINDS TO SHARE INSIGHTS, SPARK IDEAS, AND BUILD CONNECTIONS. 31601 CINGS ("CHINA INSTITUTE NEXT GENERATION SERICA") IS A COLLABORATION TO SUPPORT YOUNG PROFESSIONALS IN THEIR CAREERS. ACTIVITIES INCLUDE DIALGOUE, SEMINARS, NETWORKING, AND CULTURAL EVENTS. 125076 1 1 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 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X ANLA CHENG 2128617751 1107 FIFTH AVENUE PH NEW YORK NY 10128 ANLA CHENG CEO & BOARD CHAIR 40.00 X X 0 0 0 CHARLOTTE ACKERT BOARD MEMBER 2.00 X X 0 0 0 0 0 0 1 0 0 0 0 179454 179454 SERICA GALA 900099 171698 171698 CEO DINNER SERIES 900099 32000 32000 203698 383152 203698 0 0 X 9185 9185 2250 2250 292746 125076 167670 800 800 17650 17650 1533 1533 FILING FEE 75 75 324239 125076 199163 0 221385 238888 5000 32430 46000 253815 289888 108980 86140 108980 86140 X 0 0 0 0 144835 203748 144835 203748 253815 289888 58913 0 X 0 0 0 X 65125 173418 129250 249322 383152 1000267 65125 173418 129250 249322 383152 1000267 6000 50000 56000 0 6000 50000 56000 944267 65125 173418 129250 249322 383152 1000267 0.94400 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEFERRED REVENUE 86140 86140 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE PREPARED FORM 990 IS PRESENTED TO THE GOVERNING BODY FOR REVIEW. AFTER THE TAX RETURN HAS BEEN REVIEWED AND APPROVED, THE RETURN IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH CONFLICT OF INTEREST POLICY DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY. MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES OF SERICA INITIATIVE INC. (THE ORGANIZATION") MAY HAVE INVOLVEMENTS IN THEIR PRIVATE CAPACITIES WITH OUTSIDE BUSINESS ENTITIES, COMMUNITY ORGANIZATIONS, PROFESSIONAL AND OTHE RGROUPS WHILE THEY ARE SERVING THE ORGANIZATION. THE ORGANIZATION SEEKS TO AVOID SITUATIONS IN WHICH THESE RELATIONSHIPS MIGHT PRESENT A CONFLICT OF INTEREST OR OTHERWISE REFLECT NEGATIVELY ON, OR COMPROMISE THE VALUES OR REPUTATION OF THE ORGANIZATION. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS INTENDED TO GIVE GUIDANCE TO THE ORGANIZATION'S SENIOR OFFICIALS ABOUT HOW TO IDENTIFY AND RESOLVE ACTUAL OR APPARENT CONFLICTS EARLY ON. IN FURTHERANCE OF THIS OBJECTIVE, THE POLICY REQUIRES EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE OF THE ORGANIZATION TO IDENTIFY ANY POTENTIAL CONFLICTS BY COMPLETING AND SUBMITTING TO THE ANNUAL DISLOSURE STATEMENT EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION DIRECTORS SHALL NOT RECEIVE ANY SALARIES FOR THIER SERVICES ON THE BOARD. DIRECTORS SHALL NOT BE PRECLUDED FROM RECEIVING REASONABLE COMPENSATION FOR SERVICES RENDERED TO OR FOR THE BENEFIT OF THE CORPORATION IN ANY OTHER CAPACITY, PROVIDED, HOWEVER THAT THE CHAIR, PRESIDENT, OR OTHER OFFICER WITH SIMILAR RESPONSIBILITIES SHALL NOT RECEIVE COMPENSATION FROM THE CORPORATION, AND MAY NOT BE A PAID EMPLOYEE OF THE CORPORATION, UNLESS APPROVED BY A VOTE OF AT LEAST TWO-THIRDS OF THE BOARD OF DIRECTORS. THE BOARD SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES, AND REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. BOARD MEMBERS INVOLVED IN SETTING AND APPROVING EXECUTIVE COMPENSATION, AS WELL AS ANY THIRD PARTIES PROVIDING PROFESSIONAL ADVICE TO THE BOARD MEMBERS IN CONNECTION WITH SETTING AND APPROVING EXECUTIVE COMPENSATION SHALL BE INDEPENDENT AND HAVE NO CONFLICTS OF INTEREST AS TO THE EXECUTIVE WHOSE COMPENSATION IS BEING REVIEWED. BOARD MEMBERS SHALL HAVE NO CONFLICT OF INTEREST FOR THESE PURPOSES IF THEY (I) WILL NOT ECONOMICALLY BENEFIT FROM THE COMPENSATION ARRANGEMENT, (II) ARE NOT FAMILY MEMBERS OF A PERSONA FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 166,457. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 166,457. PROGRAM EXPENSE: PROGRAM SERVICE EXPENSES 125,076. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,076. PAYROLL EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,213. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,213. MARK & ANLA KINGDON FOUNDATION 152 WEST 57TH STREET FLOOR 50 NEW YORK NY 10019 133948023 TO PROMOTE SERVICES IN THE FIELD OF ART, EDUCATION AND HUMAN SERVICES NY 501(C)(3) PF 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MARK & ANLA KINGDON FOUNDATION C 75000