2025-08-12T11:40:55-05:00 2024-12-31 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2024-01-01 582171570 NDSC FOUNDATION INC NDSC 7706049500 3825 EDWARDS RD STE 103 CINCINNATI OH 452091262 JAY FREELAND PRESIDENT 7706049500 2025-08-12 1 1 X TIFFANY T ORR CPA P01559485 7703948000 2025-08-12 2024 2025-03-06 01:10:19Z X JAY FREELAND 3825 EDWARDS RD STE 103 CINCINNATI OH 452091262 2140379 0 X WWW.NDSCCENTER.ORG X 1995 GA THE FOUNDATION PROVIDES SUPPORT TO THE NATIONAL DOWN SYNDROME CONGRESS, A 501(C)(3) ORGANIZATION. THE MISSION OF THE NATIONAL DOWN SYNDROME CONGRESS IS TO PROVIDE INFORMATION, ADVOCACY, AND SUPPORT CONCERNING ALL ASPECTS OF LIFE FOR INDIVIDUALS WITH DOWN SYNDROME. 7 7 0 7 0 0 0 70000 0 0 203884 418586 0 0 203884 488586 0 0 0 0 0 0 0 0 0 552901 156053 552901 156053 -349017 332533 2656678 2905489 29750 0 2626928 2905489 X THE FOUNDATION PROVIDES SUPPORT TO THE NATIONAL DOWN SYNDROME CONGRESS, A 501(C)(3) ORGANIZATION. THE MISSION OF THE NATIONAL DOWN SYNDROME CONGRESS IS TO PROVIDE INFORMATION, ADVOCACY, AND SUPPORT CONCERNING ALL ASPECTS OF LIFE FOR INDIVIDUALS WITH DOWN SYNDROME.NDSC EXISTS WITH THE PURPOSE TO PROMOTE THE INTERESTS OF PEOPLE WITH DOWN SYNDROME, TO EDUCATE THROUGH AWARENESS, TO ADVOCATE AND ENSURE THEIR RIGHTS ARE RECOGNIZED AND PROTECTED, TO EMPOWER, AND TO INSPIRE AND RESHAPE THE WAY PEOPLE UNDERSTAND AND EXPERIENCE DOWN SYNDROME. 0 0 130613 THE FOUNDATION PROVIDES SUPPORT TO THE NATIONAL DOWN SYNDROME CONGRESS, A 501(C)(3) ORGANIZATION. 130613 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X X JAY FREELAND 7706049500 3825 EDWARDS RD STE 103 CINCINNATI OH 452091262 X JAY FREELAND PRESIDENT/SECRETARY 2.00 X X 0 0 0 STEWART L ASPLUNDH TRUSTEE 0.50 X 0 0 0 BRET BOWERMAN TRUSTEE 0.50 X 0 0 0 TANYA CASEY-MARINO TRUSTEE 0.50 X 0 0 0 CARLENE MATTSON TRUSTEE 0.50 X 0 0 0 BROOKS ROBINSON TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 70000 70000 67160 67160 2003219 1651793 351426 351426 351426 488586 0 0 418586 25383 25383 17303 17303 57 57 9011 9011 104299 104299 156053 130613 25440 0 121175 127054 2535503 2709945 0 68490 2656678 2905489 29750 0 29750 0 X 911409 1001361 1715519 1904128 2626928 2905489 2656678 2905489 332533 -53972 0 X X 1 X 0 1 0 X X 1 NATIONAL DOWN SYNDROME CONGRESS INC 510163631 10 1 104299 0 1 104299 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2645984 70000 347186 158703 2904467 2755671 426620 536307 2645984 3420050 20150 -586539 97990 2755671 3138540 30000 383488 131978 3420050 2911428 25000 372401 170289 3138540 0.34440 0.65560 0.00000 0 0 0 OTHER INVESTMENTS 2709945 F 2709945 X PART V, LINE 4: THE NDSC FOUNDATION (NDSCF) HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARD OF DIRECTORS, FOR ENDOWMENT ASSETS. THOSE POLICIES ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. ACCORDINGLY, THE INVESTMENT PROCESS SEEKS TO ACHIEVE AN AFTER-COST TOTAL REAL RATE OF RETURN, INCLUDING INVESTMENT INCOME AS WELL AS CAPITAL APPRECIATION, WHICH EXCEEDS THE ANNUAL DISTRIBUTION WITH ACCEPTABLE LEVELS OF RISK. ENDOWMENT ASSETS ARE INVESTED IN A WELL-DIVERSIFIED ASSET MIX, WHICH INCLUDES EQUITY AND DEBT SECURITIES. THE ORGANIZATION EXPECTS ITS ENDOWMENT ASSETS, OVER TIME, TO PRODUCE AN AVERAGE RATE OF RETURN OF APPROXIMATELY 5% ANNUALLY. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. INVESTMENT RISK IS MEASURED IN TERMS OF THE TOTAL ENDOWMENT FUND; INVESTMENT ASSETS AND ALLOCATION BETWEEN ASSET CLASSES AND STRATEGIES ARE MANAGED TO PREVENT EXPOSING THE FUND TO UNACCEPTABLE LEVELS OF RISK. SPENDING POLICY. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OF THE PRIOR 12 QUARTERS THROUGH THE CALENDAR YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE ORGANIZATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS INVESTMENT ASSETS, THE NATURE AND DURATION OF THE INDIVIDUAL ENDOWMENT FUNDS, MANY OF WHICH MUST BE MAINTAINED IN PERPETUITY BECAUSE OF DONOR-RESTRICTIONS, AND THE POSSIBLE EFFECTS OF INFLATION. THE ORGANIZATION EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT FUNDS TO GROW AT AN AVERAGE RATE OF 3% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE CONGRESS HAS RECEIVED A DETERMINATION BY THE UNITED STATES INTERNAL REVENUE SERVICE (IRS) THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRS CODE SECTION 501(C)(3). THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRS CODE SECTION 509(A)(3) BECAUSE IT SUPPORTS THE CONGRESS, AN EXEMPT ORGANIZATION. THEREFORE, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF NDSC APPOINTS INDIVIDUALS TO THE BOARD OF TRUSTEES OF NDSC FOUNDATION. THE BOARD OF NDSC FOUNDATION THEN ELECTS THE OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B BEFORE THE FORM 990 IS FILED, A PRELIMINARY COPY IS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW. ALL ISSUES THAT ARISE FROM THIS REVIEW ARE ADDRESSED AND ANY NECESSARY CHANGES ARE MADE. A FINAL COPY OF THE FORM 990 IS THEN RE-CIRCULATED TO THE BOARD OF TRUSTEES WITH ANY ADDITIONAL INFORMATION DEEMED NECESSARY DUE TO THE CHANGES. UPON APPROVAL OF THE BOARD OF TRUSTEES, THE FORM 990 IS FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, MANAGEMENT REVIEWS THE CONFLICT OF INTEREST POLICY WITH ALL BOARD MEMBERS. ALL BOARD MEMBERS MUST SUBMIT WRITTEN DISCLOSURE FORMS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE GENERALLY MADE AVAILABLE TO PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED IN PROCESS FROM THE PRIOR YEAR. NATIONAL DOWN SYNDROME CONGRESS INC 3825 EDWARDS RD SUITE 103 CINCINNATI OH 45209 510163631 WELFARE GA 501(C)(3) LINE 11 N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 NATIONAL DOWN SYNDROME CONGRESS R 104299 FMV NATIONAL DOWN SYNDROME CONGRESS R 68490 FMV SCHEDULE R - ADDITIONAL INFORMATION NDSC FOUNDATION (NDSCF) PERFORMS INVESTMENT MANAGEMENT AND FUNDRAISING FOR NATIONAL DOWN SYNDROME CONGRESS (NDSC). BOTH OF THESE 501(C)(3) ORGANIZATIONS SHARE FACILITIES, EQUIPMENT, AND OTHER ASSETS. ALSO, NDSC PERFORMS SERVICES FOR NDSCF, SUCH AS, ACCOUNTING AND OTHER ADMINISTRATIVE SERVICES.