2025-05-15T01:13:31-00:00 2024-06-30 821650312 Alta CPA Group 59 Franklin St 2nd Floor Annapolis MD 21401 990 2023-07-01 311636209 RIGHTSHARINGOFWORLDRESOURCES INC RIGH 9379660314 POBOX 2102 RICHMOND IN 47375 VENTINA HERSHEY DIRECTOR OF FINANCE 9379660314 2025-05-15 true Jeffrey Griffith P01081433 4103495101 2025-05-15 2023 2025-03-06 01:10:19Z JACQUELINE STILLWELL POBOX 2102 RICHMOND IN 47375 1067410 false X WWW.RSWR.ORG X 1998 IN GOD CALLS US TO THE RIGHT SHARING OF WORLD RESOURCES, FROM THE BURDENS OF MATERIALISM AND POVERTY INTO THE ABUNDANCE OF GODS LOVE, CONTINUED ON SCHEDULE O 21 21 10 23 0 1105369 705900 0 259616 355946 3476 5564 1368461 1067410 400634 172065 0 331565 426096 4237 1877 79541 163276 381530 899712 981568 468749 85842 2715996 3091810 130195 386274 2585801 2705536 X GOD CALLS US TO THE RIGHT SHARING OF WORLD RESOURCES, FROM THE BURDENS OF MATERIALISM AND POVERTY INTO THE ABUNDANCE OF GODS LOVE, CONTINUED ON SCHEDULE O false false 843591 375933 THERE WILL BE ONE PRIMARY CYCLE OF GRANTS PER YEAR, WITH INITIAL GRANTS APPROVED BY THE BOARD IN OCTOBER AND FUNDS RELEASED BETWEEN NOVEMBER AND JANUARY, DEPENDING ON EACH COUNTRY NEEDS. AS THE PROGRAM PROGRESSES, A SECOND ROUND OF GRANT APPLICATIONS MAY BE APPROVED AT THE APRIL BOARD MEETING. EACH COUNTRY WILL HAVE A LIMITED NUMBER OF FUNDED GROUPS ANNUALLY, 8 IN INDIA AND 4 TO 6 EACH IN KENYA, SIERRA LEONE, AND GUATEMALA. THE INITIAL GRANT AMOUNTS ARE UP TO 7,500 FOR NGOS IN INDIA AND UP TO 6,500 FOR INDIVIDUAL WOMEN GROUPS IN GUATEMALA, KENYA, AND SIERRA LEONE, AS SUGGESTED BY THE COUNTRY COORDINATORS. BEFORE RECEIVING A GRANT, EACH GROUP MUST COMPLETE UP TO A YEAR OF PRE TRAINING WITH THE RSWR COUNTRY COORDINATORS, LEARNING ABOUT GRANT RESPONSIBILITIES, GROUP MANAGEMENT, AND SAVINGS AND LOAN BEST PRACTICES. CONTINUED ON SCHEDULE O 843591 true true false false false false false false false true false true false true true true true false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false true 5 0 true 10 true false false false false false false false false false false false false X 21 21 true false false false false false false true true false false true true true true true false true false false IN X X VENTINA HERSHEY 9379660314 101 QUAKER HILL DRIVE RICHMOND IN 47374 JACQUELINE STILLWELL GENERAL SECRETARY 040.00 X X 87626 0 10320 MARIAN BEANE PRESIDING CL 001.00 X X 0 0 0 MICO SORREL ASSISTANT CL 001.00 X X 0 0 0 JONATHAN BROWN RECORDING CL THROUGH 03/2024 001.00 X X 0 0 0 JOE MAGRUDER RECORDING CL BEGINNING 04/2024 001.00 X X 0 0 0 SALLY WEAVER SOMMER TREASURER 001.00 X X 0 0 0 MAX CARTER TRUSTEE 001.00 X 0 0 0 DAVID LEONARD TRUSTEE 001.00 X 0 0 0 JOHN VOSS TRUSTEE 001.00 X 0 0 0 GLORIA WAFULA TRUSTEE 001.00 X 0 0 0 ELIZABETH GATES TRUSTEE 001.00 X 0 0 0 THOMAS GATES TRUSTEE 001.00 X 0 0 0 PHIL GOODCHILD TRUSTEE 001.00 X 0 0 0 SPENCE HAMRICK TRUSTEE 001.00 X 0 0 0 PEGGY HORNER TRUSTEE 001.00 X 0 0 0 BRENT MCKINNEY TRUSTEE 001.00 X 0 0 0 BECKY PERRY TRUSTEE 001.00 X 0 0 0 BEIRNE ROOSE-SNYDER TRUSTEE 001.00 X 0 0 0 BOB RUNYAN TRUSTEE 001.00 X 0 0 0 BROOKS SHIPPEN-HOW TRUSTEE 001.00 X 0 0 0 JACKIE SPEICHER TRUSTEE 001.00 X 0 0 0 RUTHIE TIPPIN TRUSTEE 001.00 X 0 0 0 87626 10320 false false false 705900 5429 705900 355946 355946 MISCELLANEOUS REVENUE 900099 5564 5564 5564 1067410 5564 355946 X 0 0 172065 172065 0 101170 80936 8343 11891 0 262135 209708 20971 31456 6734 5387 701 646 27473 21979 1834 3660 28584 22867 4002 1715 0 0 0 0 1877 1877 0 202765 202765 30370 25798 914 3658 35673 18426 7759 9488 0 0 1113 278 278 557 51319 48556 2763 0 0 0 0 0 0 CONTRACT SERVICES 21567 7117 7333 7117 COMPUTER RELATED EXPENSES 31274 25020 3127 3127 MISCELLANEOUS EXPENSES 6346 1586 3174 1586 GRANT TRANSMIT FEES AND CONSULTATION 1103 1103 0 981568 843591 58436 79541 178124 158310 4069 43951 34236 1760 1753 2488092 2559034 338477 2715996 3091810 26223 57170 103972 101822 227282 130195 386274 X 2585801 2594341 111195 2585801 2705536 2715996 3091810 X 85842 33893 X X false true X true false X 748533 806711 558169 1105369 705900 3924682 748533 806711 558169 1105369 705900 3924682 276148 3648534 61871 65013 80013 259616 355946 822459 5872 3291 4973 3476 5564 23176 4770317 5564 0.76480 0.87360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 690742 690742 602829 194933 107020 690742 1612719 -224775 62903 722212 602829 1080613 247807 335259 50960 1612719 1093641 29990 43018 1080613 1.00000 true false Financial derivatives and other financial products Closely-held equity interests OTHER SECURITIES 2559034 2559034 ASSETS HELD UNDER SPLIT-INTEREST AGREEMENTS 338477 338477 Federal income taxes LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS 227282 227282 X 1067410 1067410 1067410 981568 981568 981568 X 2 THE ORGANIZATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. V 4 THE ORGANIZATION BOARD OF DIRECTORS MADE THE DECISION TO RECLASSIFY ALL QUASI-ENDOWMENT FUNDS WITHOUT DONOR RESTRICTIONS MAKING THEM AVAILABLE FOR EXPENDITURE EFFECTIVE JULY 1, 2023. THE ORGANIZATION MAINTAINS A POLICY THAT FUNDS HELD WITHIN THE INVESTMENTS CANNOT BE WITHDRAWN UNLESS APPROVED BY THE BOARD OF DIRECTORS. true Central America and the Caribbean 2 4 GRANTS, MONITORING, AND TRAINING 147528 Sub-Saharan Africa 1 3 GRANTS, MONITORING, AND TRAINING 123290 South Asia 1 3 GRANTS, MONITORING, AND TRAINING 104012 4 10 4 10 374830 374830 Central America and the Caribbean ENTERPRISE PROJECT 60500 WIRE Sub-Saharan Africa ENTERPRISE PROJECT 67150 WIRE South Asia ENTERPRISE PROJECT 46475 WIRE 34 false false false false false false Part I Line 2 REPORTS ARE REQUIRED EVERY SIX MONTHS. IN-COUNTRY CONTRACTORS VISIT THE GRANT RECIPIENTS TO PROVIDE TRAINING, REVIEW RECORDS AND TALK WITH THE INDIVIDUAL GRANTEES. RIGHT SHARING OF WORLD RESOURCES STAFF, GENERAL SECRETARY AND BOARD MEMBERS AT TIMES TRAVEL TO PROJECT SITES AND VISIT WITH GRANTEES. Form 990, Part I, Line 1 ORGANIZATION MISSION CONTINUED TO WORK FOR EQUITY THROUGH PARTNERSHIP WITH OUR SISTERS AND BROTHERS THROUGHOUT THE WORLD. Form 990, Part I, Line 1 ORGANIZATION MISSION CONTINUED TO WORK FOR EQUITY THROUGH PARTNERSHIP WITH OUR SISTERS AND BROTHERS THROUGHOUT THE WORLD. Form 990, Part III, Line 4A PROGRAM DESCRIPTION CONTINUED AFTER THIS PERIOD IF THE COUNTRY COORDINATORS DETERMINE THE GROUP IS PROGRESSING WELL THEY MAY RECOMMEND IT FOR A GRANT. APPLICATIONS RECEIVED EACH OCTOBER WILL BE FROM GROUPS THAT HAVE UNDERGONE THIS PREPARATORY PHASE AND ARE DEEMED CAPABLE OF HANDLING RSWR GRANTS. ONCE FUNDED THE COUNTRY COORDINATORS WILL WORK WITH EACH GROUP FOR THREE YEARS WITH THE FIRST YEAR BEING THE MOST INTENSIVE AS GROUPS LEARN TO MANAGE THEIR REVOLVING LOAN FUND AND BUSINESSES. FORMAL SITE VISITS WILL OCCUR EVERY SIX MONTHS TO A YEAR DEPENDING ON THE GROUP STRENGTH AND EXPERIENCE WITH RSWR TO REVIEW DOCUMENTS ADDRESS CHALLENGES AND PROVIDE GUIDANCE. ADDITIONAL FOLLOW UP VISITS MAY BE CONDUCTED IF NECESSARY. EACH COUNTRY TEAM WILL DEVELOP A MONITORING FORM WITH EVALUATION CRITERIA A RECORD OF CHALLENGES AND SUGGESTED SOLUTIONS WHICH WILL BE SUBMITTED TO THE PROGRAM DIRECTOR AFTER EACH VISIT. EVERY FUNDED GROUP MUST COMPLETE A SELF EVALUATION REPORT EVERY SIX MONTHS WITH COUNTRY COORDINATORS ASSISTING AS NEEDED. EVEN IF A GROUP IS NOT REQUIRED TO HAVE AN IN PERSON MONITORING VISIT EVERY SIX MONTHS THEY MUST STILL SUBMIT THEIR SELF EVALUATION FORMS TO REMAIN ELIGIBLE FOR A SECOND GRANT. AFTER 18 MONTHS GROUPS THAT HAVE ACTIVELY ENGAGED WITH THE RSWR TEAM MAY APPLY FOR A SECOND GRANT OF UP TO 3000 WHICH IN INDIA WOULD BE ALLOCATED TO NGOS FOR ADDITIONAL TRAINING AND SUPPORT WHILE IN OTHER COUNTRIES IT WOULD BE USED BY WOMEN GROUPS TO EXPAND THEIR LOAN FUNDS START GROUP PROJECTS OR PURSUE OTHER APPROVED INITIATIVES. IN INDIA NGOS DEMONSTRATING EXCEPTIONAL PROGRAM MANAGEMENT MAY ALSO BE NOMINATED FOR A THIRD GRANT OF UP TO 3000 AT THE DISCRETION OF THE COUNTRY COORDINATORS. Form 990, Part VI, Section B, Line 2 THOMAS GATES TRUSTEE AND ELIZABETH GATES TRUSTEE ARE SPOUSES. Form 990, Part VI, Section B, Line 11B THEFINANCECOMMITTEEREVIEWED ANDAPPROVED THE990ANDDISTRIBUTED A COPY TO EACH BOARD MEMBER. Form 990, Part VI, Section B, Line 12C THE GENERAL SECRETARY AND PRESIDING CLERK OF THE BOARD MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IT IS REVIEWED ANNUALLY WITH THE ENTIRE BOARD AND EACH MEMBER COMPLETES A WRITTEN FORM THAT IS ON FILE IN THE OFFICE. Form 990, Part VI, Section B, Line 15A EVALUATION FORMS FOR THE GENERAL SECRETARY ARE FILLED OUT BY THE BOARD OF TRUSTEES ANNUALLY, THEN REVIEWED DURING AN EXECUTIVE SESSION. THE COMPENSATION FOR THE GENERAL SECRETARY IS CONSIDERED BY THE GOVERNANCE COMMITTEE, AND THEN REVIEWED BY THE EXECUTIVE COMMITTEE. COMPARABLE DATA IS GATHER BY THE GOVERNANCE COMMITTEE FROM OTHER COMPARABLE QUAKER ORGANIZATIONS AND YEARLY MEETINGS. RECOMMENDATIONS ARE BROUGHT BEFORE THE BOARD FOR FINAL APPROVAL. THE ORGANIZATION HAS ADOPTED A PROCESS FOR DETERMINING COMPENSATION, REVIEWING COMPARABILITY DATA, DOING REFERENCE CHECKS, REVIEW OF CVS, HOLDING INTERVIEW, MEETING FOR DELIBERATION AND DECISION ON POTENTIAL CANDIDATES, AND RECEIVING APPROVALS BY INDEPENDENT BOARD MEMBERS TO BE BROUGHT BEFORE THE BOARD FOR FINAL APPROVAL. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE UPON REQUEST. Form 990, Part IX, Line 11G PROFESSIONAL FEES 202,765 Form 990, Part XII, Line 2C THERE HAS BEEN NO CHANGE IN THE SELECTION PROCESS FOR THE INDEPENDENT AUDITOR OR IN THE METHOD OF OVERSIGHT. Form 990, Part XI, Line 8 THE PRIOR PERIOD ADJUSTMENT TO NET ASSETS OF 33,893 TO RECOGNIZE RESTRICTED NET ASSETS NOT PREVIOUSLY RECORDED ON THE PREVIOUS FORM 990.