2025-11-11T06:31:53-06:00 2024-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-01-01 833016553 INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION INTE 2023936801 1275 K STREET NW 1000 WASHINGTON DC 20005 DAVID DOWNEY EXECUTIVE DIRECTOR 2023936801 2025-11-11 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-11-11 2024 2025-03-06 01:10:19Z DAVID DOWNEY 1275 K STREET NW 1000 WASHINGTON DC 20005 2012614 0 X DOWNTOWN.ORG/FOUNDATION X 2018 DC INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION (FOUNDATION) IS A CHARITABLE ORGANIZATION ESTABLISHED TO WORK IN COLLABORATION WITH INTERNATIONAL DOWNTOWN ASSOCIATION (IDA) TO PROVIDE SUPPORT FOR THE OPERATION OF CHARITABLE AND EDUCATIONAL PROGRAMS. 5 5 0 5 0 0 1314323 1990000 0 0 0 22614 0 0 1314323 2012614 327980 1111075 0 0 0 0 0 0 0 116850 180768 444830 1291843 869493 720771 1478133 2264614 16371 82081 1461762 2182533 FOUNDATION IS A CHARITABLE ORGANIZATION ESTABLISHED TO WORK IN COLLABORATION WITH INTERNATIONAL DOWNTOWN ASSOCIATION (IDA) TO PROVIDE SUPPORT FOR THE OPERATION OF CHARITABLE AND EDUCATIONAL PROGRAMS. 0 0 1273875 1111075 THE BACKING INTERNATIONAL SMALL RESTAURANTS GRANTS PROGRAM IS AIMED AT SUPPORTING BUSINESS FOR CULTURALLY SIGNIFICANT AND INDEPENDENT RESTAURANTS THAT DEMONSTRATE A POSITIVE IMPACT ON THEIR COMMUNITY, AND ARE OWNED/OPERATED BY OR SERVE INDIVIDUALS EXPERIENCING ECONOMIC HARDSHIP. THE GOAL IS TO HELP THESE RESTAURANTS WITH CRITICAL IMPROVEMENTS AND LONG-TERM. TO BE ELIGIBLE, RESTAURANTS MUST ALREADY BE IN OPERATION AND HAVE A BRICK AND MORTAR LOCATION/STOREFRONT IN ONE OF THE CITIES LISTED BELOW: UK: LONDON AND MANCHESTER; MEXICO: MEXICO CITY; AUSTRALIA: MELBOURNE AND SYDNEY; NEW ZEALAND: AUCKLAND; JAPAN: OSAKA, FUKUOKA, SAPPORO, AND TOKYO; CANADA: MONTREAL AND TORONTO; FRANCE: PARIS; SPAIN: MADRID AND BARCELONA. IDA FOUNDATION SUPPORTS IMPROVEMENT DISTRICT CAPACITY BUILDING THROUGH EDUCATIONAL RESOURCES AND EVENTS EMPOWERING THE PROFESSIONAL DEVELOPMENT OF PLACE MANAGERS AND THEIR PLACE-BASED NONPROFIT ORGANIZATIONS. 1273875 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DC X DAVID DOWNEY 2023936801 1275 K STREET NW 1000 WASHINGTON DC 20005 DAVON BARBOUR BOARD MEMBER 1.00 X 0 0 0 RAPHAEL CLEMENTE BOARD MEMBER 1.00 X 0 0 0 BETSY BRENNAN BOARD MEMBER 1.00 X 0 0 0 ANDREW TAFT BOARD MEMBER 1.00 X 0 0 0 JESSICA LAPPIN BOARD MEMBER 1.00 X 0 0 0 DAVID DOWNEY EXECUTIVE DIRECTOR 1.00 45.00 X 0 317154 38390 0 317154 38390 0 0 1 0 0 1990000 1990000 22614 22614 2012614 0 0 22614 1111075 1111075 155633 155633 21585 3617 17968 93 93 3457 3457 1291843 1273875 17968 0 1478133 2264614 1478133 2264614 16371 82081 16371 82081 X 1501 27995 1460261 2154538 1461762 2182533 1478133 2264614 720771 0 X X 0 1 X 1 0 X X 1 INTERNATIONAL DOWNTOWN ASSOCIATION 381817974 10 1 0 0 1 0 0 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990, PART IV, LINE 5A: INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION (FOUNDATION) IS A DISTRICT OF COLUMBIA NONPROFIT CORPORATION INCORPORATED ON NOVEMBER 12, 2018. THE FOUNDATION WAS FORMED BY INTERNATIONAL DOWNTOWN ASSOCIATION (IDA) TO SUPPORT IDA'S CHARITABLE AND EDUCATIONAL EFFORTS IN THE URBAN PLACE MANAGEMENT INDUSTRY. IDA IS A PUBLICLY SUPPORTED ORGANIZATION WITHIN THE MEANING OF 509(A)(2). SINCE ITS INCEPTION, THE FOUNDATION HAS WORKED ALONGSIDE IDA AND HAS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT IDA'S PURPOSES. IN JULY 2025, THE FOUNDATION AMENDED AND RESTATED ITS ARTICLES OF INCORPORATION AND AMENDED ITS BYLAWS TO GIVE IDA CONTROL OVER THE FOUNDATION BY, AMONG OTHER THINGS, GIVING IDA THE POWER TO REGULARLY APPOINT OR ELECT A MAJORITY OF THE DIRECTORS OF THE FOUNDATION. ACCORDINGLY, THE FOUNDATION REQUESTS THAT IT BE RECLASSIFIED UNDER SECTION 501(C)(3) AS A TYPE I SUPPORTING ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2012614 0 2012614 0 2012614 1291843 0 1291843 0 1291843 PART X, LINE 2: FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. FOUNDATION IS CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A). GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE FOUNDATION TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT 12 MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. FOUNDATION'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENTS OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES, WHICH TOTAL $0 FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. 1 0 0 0 0 0 0 0 0 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14747 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14563 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14439 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14572 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 25000 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14808 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10040 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14572 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14767 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14767 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14747 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10005 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14808 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10005 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14760 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14757 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14657 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14767 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14763 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10005 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 18000 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14765 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14305 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14430 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 25000 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14572 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14767 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14572 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14757 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14808 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14647 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14629 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14767 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10005 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14439 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14543 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14572 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14622 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 25000 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14684 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14769 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10005 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14629 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10005 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10007 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14785 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14767 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14727 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14305 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14305 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14439 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14621 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14567 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14572 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14731 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14812 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14896 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14808 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10007 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14477 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14657 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14747 ELECTRONIC FUND TRANSFER 0 NORTH AMERICA RESTAURANT INVESTMENT 10007 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14757 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14757 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14669 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14785 ELECTRONIC FUND TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) RESTAURANT INVESTMENT 14722 ELECTRONIC FUND TRANSFER 0 EAST ASIA AND THE PACIFIC RESTAURANT INVESTMENT 14684 ELECTRONIC FUND TRANSFER 0 76 0 0 0 0 0 0 PART I, LINE 2: THE GRANTS ISSUED ARE PART OF THE BACKING INTERNATIONAL SMALL RESTAURANTS PROGRAM WHICH IS AIMED AT SUPPORTING BUSINESS FOR CULTURALLY SIGNIFICANT AND INDEPENDENT RESTAURANTS THAT DEMONSTRATE A POSITIVE IMPACT ON THEIR COMMUNITY, AND ARE OWNED/OPERATED BY OR SERVE INDIVIDUALS EXPERIENCING ECONOMIC HARDSHIP. THE GOAL IS TO HELP THESE RESTAURANTS WITH CRITICAL IMPROVEMENTS AND LONG-TERM SUSTAINABILITY. TO BE ELIGIBLE, RESTAURANTS MUST ALREADY BE IN OPERATION AND HAVE A BRICK AND MORTAR LOCATION/STOREFRONT IN ONE OF THE CITIES LISTED BELOW: UK: LONDON AND MANCHESTER; MEXICO: MEXICO CITY; AUSTRALIA: MELBOURNE AND SYDNEY; JAPAN: OSAKA AND TOKYO; CANADA: MONTREAL AND TORONTO. X X 0 0 0 0 0 0 0 0 0 DAVID DOWNEY EXECUTIVE DIRECTOR 0 295558 0 21596 0 0 0 30090 0 8300 0 355544 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO REFLECT HAVING A SOLE MEMBER, THE INTERNATIONAL DOWNTOWN ASSOCIATION, AND REQUESTED RECLASSIFICATION AS A TYPE I SUPPORTING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION'S SOLE MEMBER IS THE INTERNATIONAL DOWNTOWN ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S SOLE MEMBER, IDA, APPOINTS THE FOUNDATION'S DIRECTORS AND PRINCIPAL OFFICERS (CHAIR, VICE CHAR, SECRETARY, AND TREASURER). THE FOUNDATION'S BOARD OF DIRECTORS MAY ELECT SUCH OTHER OFFICER AND ASSISTANT OFFICERS AND AGENTS AS MAY BE DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY MANAGEMENT. AFTER MANAGEMENT'S REVIEW, A DRAFT IS PROVIDED TO THE BOARD OR ITS AUTHORIZED REPRESENTATIVE FOR FURTHER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES DIRECTORS, COMMITTEE MEMBERS, AND OTHER RESPONSIBLE PERSONS TO DISCLOSE ALL MATERIAL FACTS ABOUT ANY POTENTIAL CONFLICT OF INTEREST BEFORE RELATED ACTION, WITH DISCLOSURES REFLECTED IN THE MINUTES; IF ABSENT, DISCLOSURE MUST BE MADE TO THE CHAIR IN ADVANCE FOR REPORTING AT THE MEETING. INDIVIDUALS WITH A CONFLICT MAY ONLY DISCLOSE FACTS AND ANSWER QUESTIONS, MUST NOT INFLUENCE DELIBERATIONS, ARE EXCLUDED FROM QUORUM COUNTS, MAY NOT VOTE, AND MUST LEAVE THE ROOM DURING THE VOTE (EXCEPT FOR SECRET BALLOTS); SELF-ELECTIONS TO OFFICER OR BOARD SEATS ARE DEEMED CONFLICTS. FOR MATTERS NOT BEFORE THE BOARD, RESPONSIBLE PERSONS MUST PROMPTLY DISCLOSE CONFLICTS TO THE CHAIR (OR DESIGNEE) AND REFRAIN FROM ANY ACTION AFFECTING THE ORGANIZATION WHILE THE CHAIR (OR DESIGNEE) DETERMINES WHETHER A CONFLICT EXISTS. OVERSIGHT INCLUDES ONBOARDING ACKNOWLEDGMENT OF THE POLICY, ANNUAL WRITTEN DISCLOSURE FORMS (KEPT CONFIDENTIAL AND SHARED ONLY WITH THE CHAIR, PRESIDENT, AND ANY COI COMMITTEE AS NEEDED), AND ANNUAL BOARD REVIEW OF THE POLICY WITH IMMEDIATE COMMUNICATION OF CHANGES TO ALL RESPONSIBLE PERSONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS SUBJECT TO AN ANNUAL REVIEW BY THE CHAIR OF THE BOARD OF DIRECTORS AND REPORTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. INTERNATIONAL DOWNTOWN ASSOCIATION 275 K STREET NW SUITE 1000 WASHINGTON DC 20005 381817974 MEMBERSHIP AND EVENTS DC 501(C)(6) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 INTERNATIONAL DOWNTOWN ASSOCIATION M 176571 CASH