2025-06-09T18:56:01-05:00 2024-12-31 853342684 TAREEF ZEESAN CPA LLC 6822 S DENNIS DRIVE TEMPE AZ 85283 990 2024-01-01 873773696 FIVE PILLARS FOUNDATION INC FIVE 1708 GARAMOND LN AUSTIN TX 78753 MUNEM HOSSAIN SECRETARY 2025-06-09 true true X TAREEF ZEESAN MBA CPA P01786366 6232816633 2025-06-05 X 2024 2025-03-06 01:10:19Z X MUNEM HOSSAIN 1708 GARAMOND LN AUSTIN TX 78753 424012 false X 5PILLARSUSA.ORG X 2021 AZ Five Pillars Foundation spreads hope and compassion through meaningful action. We believe individual kindness and collective effort can transform communities and create lasting impact. 4 4 0 25 0 149487 225793 0 169161 0 149487 394954 73125 159970 0 0 0 0 90 73125 160060 76362 234894 85601 310860 0 85601 310860 X Five Pillars Foundation spreads hope and compassion through meaningful action. We believe individual kindness and collective effort can transform communities and create lasting impact. true false 10000 10000 Provided grant to another non-profit to build a capital project such as food distribution center. 113232 113232 Provided a total grants of $113,232 to multiple foreign individuals and organizations to serve the Education and Youth Empowerment purpose 24600 24600 Provided emergency and welfare relief to the poor peoples affected by natural calamities such as flood, drought. Also provided financial support to the needy families for medicine, food and so on. 22864 22864 170696 true true false false false false false false false false false false false false false false false false false false true false true false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false X 4 4 false false false false false false false true true false false true false false false false false false TAREEF ZEESAN CPA LLC 6232816633 6822 S DENNIS DR TEMPE AZ 85283 X MAHBUBE KHODA SIDDIKI PRESIDENT 3 X 0 0 0 MUNEM HOSSAIN SECRETARY 5 X 0 0 0 MD AMIMUL EHSAN VICE PRESIDENT 1 X 0 0 0 MUNSUR RAHMAN TREASURER 1 X 0 0 0 false false false TAREEF ZEESAN CPA LLC 6822 S DENNIS DR TEMPE AZ 85283 ACCOUNTING AND TAX FILING 525 225793 225793 198219 29058 169161 169161 394954 10000 10000 149970 149970 PROFESSIONAL FEES 90 90 160060 159970 90 0 85601 101335 209525 85601 310860 0 0 X 85601 310860 0 0 85601 310860 85601 310860 234894 -10637 1002 X X false false false X 47981 149487 225793 423261 47981 149487 225793 423261 423261 158524 158524 581785 0.72752 1 X 0 0 0 0 PART II, LINE 10 Capital gain from stocks sales of the Nonprofit RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true BANGLADESH CHARITABLE, SOCIAL WELFARE, ORPHANAGE PROVIDE FUNDS FOR CHARITY, SOCIAL WELFARE 160060 160060 160060 10 INDIVIDUAL BANGLADESH 312 150060 CHECK AND WIRE TRANSFER false false false false false false PART I, LINE 2 Pre-Award Due Diligence: (Before disbursing any funds to a foreign grantee or partner) Background Check: Verify the recipient???s identity, reputation, and legitimacy (organization registration, mission alignment). OFAC Screening: Screen individuals and entities against the U.S. Treasury???s SDN List to avoid prohibited transactions. Needs Assessment: Review project proposal,budget,and timeline; confirm alignment with the nonprofit???s exempt purpose. Written Agreement: Execute a grant agreement outlining purpose of funds Reporting and documentation requirements Anti-terrorism and compliance clauses Termination conditions Disbursement Controls - Installments: Release funds in phases or milestones, tied to achievement of performance or reporting benchmarks. Document Retention: Maintain transfer records, receipts, and correspondence. Monitoring and Reporting/Periodic Reporting: Require quarterly or biannual narrative and financial reports from the foreign recipient, including - Expenditure breakdown with receipts- Progress updates Photos or media for capital projects Budget-to-Actual Comparison: Review expenditures against approved budget to identify variances. Site Visits (if feasible): Assign staff or trusted representatives for periodic site inspections. Internal Review & Oversight Finance Review: U.S.-based finance staff review and approve all international grant reports and reconcile them with disbursements. Board Oversight: Include foreign grant activity as a regular agenda item in board meetings. Audit Readiness: Maintain audit trails of grants,including: Grant agreement, Fund transfer records, Reports Email correspondence/Photos and field reports Compliance and Risk Mitigation IRS Compliance: Ensure all international grants align with Section 501(c)(3) exempt purposes. Report foreign activities on Schedule F of Form 990. Legal & Sanctions Compliance: Follow OFAC regulations: Avoid use of funds in embargoed or sanctioned regions unless licensed. Fraud Prevention: Implement dual-approval process for fund disbursements Require supporting documentation before releasing next fund installment true MOVE 1331 E CRESCENT WAY CHANDLER AZ 85249 823072078 501C(3) 10000 TO BUILD FOOD DISTRIBUTION CENTER 1 PART I, LINE 2 Determine the need of the non-profit and verify if the non-profit s mission aligns with the granting organization mission FORM 990, PART III, LINE 2 In 2024 tax year, the organization provided grant of $10,000 to another domestic non-profit organization called MOVE, to build the recipient non-profit s Food Distribution Center. Also, in 2024, the organization provided significantly more grants to Education and Youth Empowerment causes than the year before. FORM 990, PART III, LINE 4d The organization supported orphanages, charitable giving, and self-reliance and poverty alleviation initiatives across communities in Bangladesh, in alignment with its mission. PART XII, LINE 2 Preparing the non-profit accounting book and the related financial statements was handed over to a CPA from 2024 tax year. PART VI, SECTION A, LINE 8a Meetings are held as needed basis. PART VI, SECTION A, LINE 8b Document is maintained by Munem Hosain as the treasurer of the organization. PART VI, SECTION C, LINE 19 The company makes its governing document avaialble to the public upon request Reasonable Cause Explanation for Late Filing of 990 return for Five Pillars Foundation Inc: Date 6/2/2025 Dear Officer In-Charge, We respectfully request abatement of any penalties if any gets imposed associated with the late filing of our Form 990 for the year ending December 31 2024. Due to unforeseen circumstances, our organization was unable to file the return by the due date and did not file for an extension. Specifically, the organization???s Secretary, who was responsible for overseeing tax compliance and communications with our accountant, encountered unexpected personal issues during the critical filing period. As a result, the return was not filed, and the extension request was inadvertently missed. Once the oversight was discovered, we took immediate steps to complete and file the return and implement internal controls to ensure future compliance, including assigning a secondary officer to monitor compliance deadlines and setting up calendar reminders. The omission was not due to willful neglect, and the organization has a consistent history of timely filings in previous years. We respectfully request that the IRS consider our explanation as reasonable cause and waive the associated penalties. Respectfully, Munem Hossain Secretary Five Pillars Foundation Inc.