2025-01-16T15:01:21-06:00 2023-12-31 571089574 CASSIDY ADVISORS AND ACCOUNTANTS LLC 1 MATHEWS DR STE 114 HILTON HEAD ISLAND SC 29926 990 2023-01-01 133256007 FRIENDS OF KING'S COLLEGE LONDON ASSOCIATION INC FRIE 6468670994 1350 AVE OF THE AMERICAS FL2 STE266 NEW YORK NY 10019 KENNETH ALDOUS PRESIDENT 6468670994 2025-01-16 1 1 CHRISTINE E CASSIDY CPA P00022087 8436892800 2025-01-16 2023 2024-10-15 13:58:12Z X KENNETH ALDOUS 41 EAST MARKET ST APT 4 RHINEBECK NY 12572 17989294 0 X N/A X 1984 NY TO SUPPORT EDUCATIONAL AND RELATED INSTITUTIONS. 7 7 0 0 0 0 5813483 17989228 0 0 -356 66 10000 0 5823127 17989294 5959389 17665145 0 0 0 0 0 0 0 975 35303 5960364 17700448 -137237 288846 444733 11315372 0 10572253 444733 743119 TO SUPPORT THE KINGS COLLEGE MISSION AND INITIATIVES, TO SUPPORT USA SCHOLARS PROGRAM, THE KINGS COLLEGE LONDON ANNUAL FUND AND VARIOUS KINGS COLLEGE LONDON BASED RESEARCH PROJECTS. 0 0 17665145 17665145 0 SUPPORT TO KINGS COLLEGE LONDON FOR SCHOLARSHIPS, AWARDS, RESEARCH PROJECTS AND VARIOUS FUNDS. 17665145 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X KENNETH ALDOUS 6468670994 41 EAST MARKET ST APT 4 RHINEBECK NY 12572 X KENNETH ALDOUS DIRECTOR / PRESIDENT 2.00 X X 0 0 0 STEVEN NEAL PROFITT RESIGNED '23 0.00 X 0 0 0 DAVID MARTINELLI DIRECTOR / TREASURER 0.50 X X 0 0 0 KRISHNAN THAKKER DIRECTOR/SECRETARY 0.50 X X 0 0 0 MATTHEW GORMAN DIRECTOR 0.50 X 0 0 0 LIGIA DUARTE BOTELHO DIRECTOR 0.50 X 0 0 0 DAVID MAZZUCA DIRECTOR 0.50 X 0 0 0 NICK STADTMILLER DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 17989228 17989228 66 66 17989294 0 0 66 17665145 17665145 34686 34686 BANK FEES 617 617 17700448 17665145 35303 0 214563 381059 229041 10934313 1129 444733 11315372 10572253 0 10572253 X 215660 -10041194 229073 10784313 444733 743119 444733 11315372 X 288846 548 8992 X 0 1 X 1 0 X 1486605 900417 1170366 5813483 1068152 10439023 1486605 900417 1170366 5813483 1068152 10439023 6573378 3865645 76 355 6 20 66 523 10439546 10000 0.37030 0.34300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 17998286 8992 8992 17989294 0 17989294 17700448 0 17700448 0 17700448 PART XI, LINE 2D - OTHER ADJUSTMENTS: DISCOUNTING ON GRANTS RECEIVABLE FOREIGN CURRENCY EXCHANGE 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS GRANT MAKING 17665145 0 0 0 0 0 0 17665145 0 17665145 EUROPE (INCLUDING ICELAND & GREENLAND) SCHOLARSHIPS, AWARDS 17665145 WIRE 0 FMV 1 0 0 0 0 0 0 0 PART I, LINE 2: THE BOARD HAS RESOLVED THAT ALL ORGANIZATIONS TO WHICH IT MAKES GRANTS OR FUNDS PROGRAMS WILL BE REQUIRED TO SUBMIT THE FOLLOWING: 1. A GRANT APPLICATION WHICH SPECIFIES THE AMOUNT REQUESTED, THE NEED TO BE ADDRESSED, AND A DETAILED PROPOSED USE OF THE FUNDS. 2. IN CASE OF AN ORGANIZATION OUTSIDE THE USA, A COPY OF THE ORGANIZATION'S ORGANIZING DOCUMENTS, REGISTRATION DOCUMENTS WITHIN THE JURISDICTION AND INFORMATION ABOUT THE ORGANIZATION'S ACTIVITIES AND BUDGET IN ORDER TO ENSURE IT IS SUITABLE TO RECEIVE FUNDS FROM A US 501(C)(3) PUBLIC CHARITY. WHEN A GRANT IS MADE TO AN ORGANIZATION, THE ORGANIZATION WILL BE REQUIRED TO: 1. MAKE A REPORT ON THE USE OF THE FUNDS, TO BE RETURNED TO THE ORGANIZATION WITHIN 12 MONTHS OF THE GRANTING OF THE FUNDS. 2. SIGN A STATEMENT THAT THE GRANTEE WILL REFUND ANY PORTION OF THE GRANT NOT USED IN ACCORDANCE WITH TERMS OF THE GRANT. 3. AGREE ANY OTHER CONDITIONS IMPOSED BY THE BOARD DEPENDING ON THE SPECIFICS OF THE GRANT AND THE ORGANIZATION TO WHICH FUNDS ARE BEING GIVEN. NO GRANT WILL BE MADE WITHOUT MEETING THE TERMS SET FORTH BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED, EITHER IN HARD COPY OR ELECTRONIC FILE, TO ALL DIRECTORS AND OFFICERS OF THE ORGANIZATION FOR REVIEW. THERE IS NO SPECIFIC REQUIREMENT FOR WRITTEN CONFIRMATION FROM THE DIRECTORS AND OFFICERS THAT THEY HAVE REVIEWED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ADOPTED A CONFLICT OF INTEREST POLICY AND EACH YEAR THE BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST ANNUAL CERTIFICATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY EXCHANGE 10,935. DISCOUNTING ON PRIOR YEAR PLEDGES -1,943. FORM 990X THE 2023 AUDIT WAS NOT COMPLETED BEFORE THE 2023 990 WAS DUE AND THERE WERE SIGNIFICANT CHANGES ON THE AUDIT THAT IMPACTED THE TAX RETURNS, SO AN AMENDED RETURN WAS REQUIRED. 1. TOTAL CONTRIBUTIONS INCREASED FROM $7,258,801 TO $17,989,228. THIS CHANGED THE AMOUNTS ON FORM 990 PART I LINE 8 AND LINE 12, PART VIII LINE 1F, 1H, AND 12, AND PART XI LINE 1. 2. GRANTS PAID INCREASED FROM $7,092,892 TO $17,665,145. THIS CHANGED THE AMOUNTS ON FORM 990 PART 1 LINE 13 AND LINE 18, PART III LINE 4A, PART IX LINE 3A AND B AND LINE 25 A AND B, PART XI LINE 2. SCHEDULE E PART 1 LINE 3 COLUMN F, LINE 3A, LINE 3C, AND PART II LINE 1 COLUMN E ALL CHANGED ACCORDINGLY. 3. ACCOUNTING EXPENSES OF $34,686 WERE NOT INITIALLY RECORDED ON THE ORIGINAL RETURNS AND THE BANK FEES INCREASED TO $617 FROM $609. THESE CHANGES AFFECTED FORM 990 PART I LINE 17, PART IX LINES 11C COLUMN A AND C AND LINES 24 A COLUMN A AND C AS WELL AS PART XI LINE 2. 4. FORM 990 PART XI LINE 9 CHANGED FROM $0 TO $8,992 AS A RESULT OF A CURRENCY EXCHANGE DIFFERENCE OF $10,935 AND PLEDGE DISCOUNTING OF ($1,943). 5. AS A CULUMLATIVE RESULT OF THE AMOUNT CHANGES, FORM 990 PART I LINE 20 CHANGED FROM $610,649 TO 11,315,372, LINE 21 CHANGED FROM $0 TO $10,572,372, AND LINE 22 CHANGED FROM $610,649 TO $743,119. 6. THE CHANGES TO CONTRIBUTIONS ABOVE AFFECTED SCHEDULE A AS FOLLOWS: PART II LINE 1 COLUMN E, LINE 4 COLUMN E AND LINE 7 COLUMN E CHANGED FROM $1,059,978 TO $1,068,152; PART II LINE 1 COLUMN F, LINE 4 COLUMN F, AND LINE 7 COLUMN F CHANGED FROM $10,430,849 TO $10,439,023; PART II LINE 5 COLUMN F CHANGED FROM $6,689,038 TO $6,573,378; PART II LINE 6 COLUMN F CHANGED FROM $3,741,811 TO $3,865,645; PART II LINE 11 CHANGED FROM $104,313; AND PART II LINE 14 CHANGED FROM 35.87% TO 37.03%. 7. MINNEAPOLIS FOUNDATION WAS REMOVED FROM THE SCHEDULE B CONTRIBUTORS. 8. FORM 990 PART IV LINE 12A CHANGED TO YES, PART XII 2B AND 2C WERE CHANGED TO YES AND THE BOX FOR SEPARATE CHECKED ON 2B. 9. SCHEDULE D PART XI, XII, AND XIII WAS COMPLETED IN ACCORDANCE WITH THE AUDIT. 10. FORM 990 PART X, THE BALANCE SHEET CHANGED THE FOLLOWING FOR END OF YEAR COLUMN B: LINE 1 COLUMN B CHANGED FROM $164,759 TO $381,059; LINE 3 COLUMN B WENT FROM $229,590 TO $10,934,313; LINE 15 COLUMN B CHANGED FROM $216,300 TO $0; LINE 16 COLUMN B INCREASED FROM $610,649 TO $11,315,372; LINES 18 AND 26 COLUMN B INCREASED FROM $0 TO $10,572,253; LINE 27 COLUMN B DECREASED FROM $381,057 TO ($10,041,194); LINE 28 COLUMN B INCREASED FROM $229,592 TO $10,784,313; LINE 32 COLUMN B INCREASED FROM 610,649 TO $743,119; AND LINE 33 COLUMN B INCREASED FROM $610,649 TO $11,315,372.