2025-11-14T14:42:46+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2024-01-01 822831410 LIBERTY CARIBBEAN FOUNDATION INC FKA CABLE & WIRELESS CHARITABLE FOUNDATION INC LIBE 3054249527 7600 Corporate Center Drive Ste 600 Miami FL 33126 Ruchi Kaushal Director 3054249527 2025-11-14 true Katherine Kurtzman P01236691 3128792000 2025-11-14 2024 2025-03-06 01:10:19Z X RUCHI KAUSHAL 7600 Corporate Center Drive Ste 600 Miami FL 33126 542344 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 721325 542344 0 0 0 0 -138276 -420220 583049 122124 11200 197500 0 0 0 0 0 0 0 11743 112966 22943 310466 560106 -188342 1131939 1151097 11200 106550 1120739 1044547 Enabling progress and building more resilient communities so that people in the Caribbean and Latin America can thrive. false false 303250 197500 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, Trinidad, Jamaica and British Virgin Islands,. 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, Barbados and Bahamas. 303250 true true false 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 true false false false false true false 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 false true true true true false 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 DOMINIC BOON DIRECTOR 4.0 0.0 X 0 0 0 ITAY YEFET DIRECTOR 4.0 0.0 X 0 0 0 Marilyn Sealy Director (START 12/6/24) 4.0 0.0 X 0 0 0 MICHAEL COAKLEY DIRECTOR (UNTIL 12/6/24) 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 (UNTIL 1/1/24) 4.0 0.0 X 0 0 0 RABIYA ALLOO TREASURER 4.0 0.0 X 0 0 0 ROSARIO VERAS PRESIDENT (START 1/1/24) 4.0 0.0 X 0 0 0 SEAN FITZGERALD ASSISTANT TREASURER 4.0 0.0 X 0 0 0 0 0 0 false false false MONA SCHOOL OF BUSINESS & MANAGEMENT Campus Mona Kignston JM 7 TRAINING 105750 1 277068 200000 65276 63000 542344 0 0 0 0 0 0 0 0 0 0 277068 420220 -420220 -420220 0 0 0 0 0 122124 0 0 -420220 X 197500 197500 0 0 105750 105750 0 0 954 0 954 0 VENDOR COSTS 3605 0 3605 0 BANK FEES 1308 0 1308 0 MARKETING 1148 0 1148 0 Other Expenses 201 0 201 0 0 0 0 0 310466 303250 7216 0 981939 951097 150000 200000 0 0 0 0 0 0 0 0 0 0 0 0 1131939 1151097 11200 106550 0 0 0 0 11200 106550 X 1120739 1044547 1120739 1044547 1131939 1151097 X -188342 105000 7150 X false false false X 568466 442728 759027 721325 542344 3033890 0 0 568466 442728 759027 721325 542344 3033890 1635055 1398835 0 0 0 0 71989 84799 0 156788 3190678 0 0.43841 0.37771 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS EVENT REVENUE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 71989.0, COLUMN D - 84799.0, COLUMN E - 0.0, COLUMN F - 156788.0; 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 Bahamas and British Virgin Islands. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communication LLC's low-income broadband initiative in Barbados, Grenada and Barbados. 197000 Central America and the Caribbean 0 0 Program Services TRAINING 105750 0 0 0 0 0 0 302750 0 302750 Central America and the Caribbean Youth Empowerment Project 30000 PROCUREMENT OF EQUIPMENT FMV Central America and the Caribbean Disaster Relief - Jamaica Schools 20000 PROCUREMENT OF EQUIPMENT FMV Central America and the Caribbean Disaster Relief - St. Vincent & The Grenadines Schools 50000 PROCUREMENT OF EQUIPMENT FMV Central America and the Caribbean Disaster Relief Support - Grenada, Jamaica, St. Vincent & the Grenadines 75000 FOOD FMV Central America and the Caribbean Digital literacy and upskilling support 12500 PROCUREMENT OF EQUIPMENT FMV Central America and the Caribbean SCHOOL SUPPORT 10000 PROCUREMENT OF EQUIPMENT FMV 0 6 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 Gala 277068 277068 0 6500 27000 383500 Raffle 5200 5200 0 0 3220 0 282268 282268 0 0 6500 27000 386720 420220 -420220 2 16000 Market value X Computers 1 5000 Market value X Gala Dresses 1 30000 Market value X Portraits 1 5200 Market value X Design Handbag 3 6150 Market value X Hotel Gift Card 1 650 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - In kind the organization is reporting the number of contributions. Other - Computers The organization is reporting the number of contributions. Other - Gala Dresses the organization is reporting the number of contributions. Other - Portraits The organization is reporting the number of contributions. Other - Design Handbag The organization is reporting the number of contributions. Other - Hotel Gift Card The organization is reporting the number of contributions. Form 990, Part VI, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS In 2024, 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 Marilyn Sealy. Form 990, Part VI, Line 6 Classes of members or stockholders Cable & Wireless Communications, LLC is the sole corporate member of Liberty Caribbean Foundation, Inc. (formerly 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 Liberty Caribbean Foundation, Inc. (formerly Cable & Wireless Charitable Foundation, Inc.) does not have any committees as of December 31, 2024. 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 IX, Line 11g Other Fees TRAINING FEES - Total Expense: 105750, Program Service Expense: 105750, Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Contribution returned - -1950; Prior Period Adjustment - 9100; Total - 7150; 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 Unite BVI is a local volunteer organization, comprised of skilled professionals, whose mission is bringing people, great ideas and resources together for sustainable positive impact and to inspire BVI's next generation of change-makers. Through this grant, the organization - through the Youth Empowerment Project (YEP) - seeks to support YEP's digital programming and skill building for approximately 150 young BV Islanders. The grant provided computers and related accessories valued at $30,000.00. PART II, GRANT 2 Jamaica is one of the islands that was impacted by Hurricane Beryl which left wide-spread damage across its Southern coastal parishes. An additional grant of $20,000 was approved to assist with additional relief in that area. Through the grant, direct aid will be provided to re-establish computer lab at Bustamante High School impacting approximately 770 students. Other institutions may also benefit. PART II, GRANT 3 St. Vincent and the Grenadines: Hurricane Beryl devasted St Vincent & The Grenadines leaving significant damages across the islands. Through the grant, direct aid will be provided to re-establish computer labs in primary and secondary schools on Union Island, Canoaun Island and Mayreau Island impacting approximately 270 students across all 3 islands through the procurement of computers and related accessories valued at $50,000. PART II, GRANT 4 World Central Kitchen: World Central Kitchen (WCK) is a not-for-profit, non-governmental organization that provides food relief during major disasters. Through this grant of $75,000, the organization seeks to support families impacted by Hurricane Beryl in 2024 through the provision of food and hot meals in the aftermath of the hurricane in Grenada, Jamaica and St Vincent & The Grenadines. PART II, GRANT 5 Bahamas: Jump - LCF funded digital literacy and upskilling for eligible families in CWC's low-income broadband program - was expanded to include the Bahamas. The programme provides participants with connectivity, training and devices. The programme received a donation from Westco of US$12,500 for the procurement of devices. To date, $9,600 was used to procure devices for participants in that island. PART II, GRANT 6 Trinidad: Flow Trinidad hosted a Career Day at a Primary School which serves 450 students. LCF contributed to the reactivation of the school's computer lab to support ICT learning via pennacool.com. LCF provided laptops valuing USD $10,000. 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