2026-01-30T11:52:05+00:00 2025-06-30 135565207 KPMG LLP Two Manhattan West 375 9th Avenue New York NY 10001 990 2024-07-01 203287404 UNICEF USA Impact Fund for Children Inc UNIC 2126865522 125 Maiden Lane 10th Floor New York NY 10038 CRISTINA SHAPIRO-ALSTER CHIEF STRATEGY OFFICER & PRES 2026-01-30 true true TOBY RUTH FRIEDMAN KERSLAKE P01875806 2127589700 2026-01-30 2024 2025-03-06 01:10:19Z CRISTINA SHAPIRO-ALSTER 125 Maiden Lane 10th Floor New York NY 10038 26365302 false X HTTPS://WWW.UNICEFUSA.ORG/HOW-HELP/DONATE/IMPACT-FUND-CHILDREN X 2005 NY UNICEF USA IMPACT FUND FOR CHILDREN EXISTS TO EXPAND THE CONTINUUM OF FINANCING FOR CHILDREN. 5 3 0 3 0 20164231 25015418 0 0 0 1310060 0 0 20164231 26325478 17673223 25651736 0 1053114 817334 0 0 91762 1002407 937682 19728744 27406752 435487 -1081274 68913451 71558521 45383601 47542469 23529850 24016052 THE UNICEF USA IMPACT FUND FOR CHILDREN EXISTS TO DEVELOP AND IMPLEMENT FINANCIAL SOLUTIONS TO ENSURE EVERY CHILD IS HEALTHY, EDUCATED, PROTECTED, AND RESPECTED. WE BELIEVE TRULY SCALABLE, LONG-TERM IMPACT WILL ONLY BE ACCOMPLISHED WHEN WE COMPLEMENT PHILANTHROPY BY ENGAGING THE VAST CAPITAL POOLS ACROSS FINANCIAL MARKETS TO WORK FOR EVERY CHILD. (SEE SCHEDULE O) false false 27023883 25651736 0 THE UNICEF USA IMPACT FUND FOR CHILDREN OPERATES AND ADMINISTERS THE BRIDGE FUND. THE BRIDGE FUND FAST-TRACKS CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. IT WAS CREATED SO UNICEF CAN COMPLETE IMMUNIZATION CAMPAIGNS BEFORE CHILDREN CONTRACT DEADLY DISEASES, DELIVER DESKS THAT ARRIVE BEFORE SCHOOL STARTS, AND FAST-TRACK EMERGENCY RELIEF TO DESPERATE FAMILIES JUST DAYS AFTER A NATURAL DISASTER. IT DOES THIS BY ACCELERATING FUNDING FOR UNICEF DEVELOPMENT PROGRAMS, PROCUREMENT OF SUPPLIES, HUMANITARIAN EMERGENCY RESPONSE, AND GROWING FUTURE FUNDRAISING REVENUE. 27023883 true true false false false false false false false false false false false false true true false true false false true true false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 23 0 true 0 false false false false false false false false false false false false X 5 3 false false false false true true true true false false false false true true true true true true false false false false NY X X MICHAEL S CHEN 2129222495 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 Cristina Shapiro-Alster Chief Strategy Officer & Pres. of IF4C 35.0 20.0 X X 0 486743 47530 GLEN BAPTIST DIRECTOR/CHAIR 1.0 1.0 X X 0 0 0 JENNIFER PRYCE DIRECTOR 1.0 0 X 0 0 0 Michael J Nyenhuis Director/President/CEO 1.0 54.0 X 0 928033 48831 VIDYA VASU-DEVAN DIRECTOR 1.0 0 X 0 0 0 Jessica Leinwand CHIEF LEGAL OFFICER/GENERAL COUNSEL 3.0 52.0 X 0 437968 39071 Michael S Chen CFO/Treasurer 1.0 54.0 X 0 362022 30406 Michele Walsh EVP/CHIEF PHILANTHROPY OFFICER 1.0 54.0 X 0 456704 42880 0 2671470 208718 0 false true false 0 15015418 10000000 25015418 0 0 0 0 0 1038960 1038960 0 0 310924 39824 271100 0 271100 271100 0 0 0 0 0 26325478 0 0 1310060 25651736 25651736 506000 334545 114646 56809 224712 148570 50914 25228 17458 11542 3956 1960 33221 21964 7527 3730 35943 23764 8144 4035 77342 77342 109662 98696 10966 0 140749 140749 13876 12488 1388 574552 574552 Miscellaneous 16224 16224 Training Classes 4954 4954 BOOKS, PERIODICALS 323 323 0 0 0 0 27406752 27023883 291107 91762 41291 1873 9172774 9037120 34199153 35533300 0 0 0 0 0 0 24772175 26986228 0 0 728058 0 68913451 71558521 268442 138807 1415159 0 0 37075000 42525000 6625000 4878662 45383601 47542469 X 24205813 24351263 -675963 -335211 23529850 24016052 68913451 71558521 X -1081274 1226724 340752 X false true true false X X 1 UNITED STATES FUND FOR UNICEF 131760110 7 true 25651736 0 1 25651736 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Federal Income Taxes RECOVERABLE GRANTS 4600000 due to affiliate 278662 4878662 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNICEF USA IMPACT FUND FOR CHILDREN INC (IF4C) IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR UNITED STATES FUND FOR UNICEF AND AFFILIATES (USF). THE INCOME TAX FOOTNOTE FROM THE CONSOLIDATED FINANCIAL STATEMENTS STATES THE FOLLOWING: THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION AS DEFINED IN SECTION 509(A)(1) OF THE IRC. IF4C AND BF-GAC ARE ALSO EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND ARE CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS AS DEFINED IN SECTION 509(A)(3) OF THE IRC. THE FUND, IF4C, AND THE BF-GAC ARE ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES AND QUALIFY FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTION BY DONORS. USF RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES HAS BEEN MADE, AS USF HAS NOT REPORTED ANY TAXABLE UNRELATED BUSINESS INCOME, AND ANY UNRELATED BUSINESS INCOME IS OFFSET BY ASSOCIATED EXPENDITURES. USF EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS CONSOLIDATED FINANCIAL STATEMENTS. AS OF JUNE 30, 2025 AND 2024, USF HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. true Central America and the Caribbean 0 0 Grant Making 481627 East Asia and the Pacific 0 0 Grant Making 3043072 Europe (Including Iceland and Greenland) 0 0 Grant Making 688743 Middle East and North Africa 0 0 Grant Making 3741678 North America (Canada & Mexico only) 0 0 Grant Making 101339 Russia and Neighboring States 0 0 Grant Making 1518057 South America 0 0 Grant Making 537905 South Asia 0 0 Grant Making 3626142 Sub-Saharan Africa 0 0 Grant Making 11913173 0 0 0 0 0 0 25651736 0 25651736 Central America and the Caribbean SEE PART V 481627 WIRE FMV East Asia and the Pacific SEE PART V 3043072 WIRE FMV Europe (Including Iceland and Greenland) SEE PART V 688743 WIRE FMV Middle East and North Africa SEE PART V 3741678 WIRE FMV North America (Canada & Mexico only) SEE PART V 101339 WIRE FMV Russia and Neighboring States SEE PART V 1518057 WIRE FMV South America SEE PART V 537905 WIRE FMV South Asia SEE PART V 3626142 WIRE FMV Sub-Saharan Africa SEE PART V 11913173 WIRE FMV 9 0 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) RELIES ON THE OPERATIONS OF ITS SUPPORTED ORGANIZATION, THE UNITED STATES FUND FOR UNICEF, FOR MONITORING OF GRANT EXPENSES. THIS INCLUDES REQUIRING THE GRANTEE, PRIMARILY UNICEF, TO SUBMIT TO IT QUALITATIVE AND QUANTITATIVE REPORTS AND MILESTONES AS DEFINED IN THE GRANT AGREEMENT AND BY REVIEWING SUCH REPORTS. GRANTEES (PRIMARILY UNICEF COUNTRY OFFICES) ARE RESPONSIBLE FOR ENSURING THAT PROJECTS ARE EXECUTED IN ACCORDANCE WITH DEFINED TIMELINES AND MILESTONES AS SET FORTH IN THE GRANT. Schedule F, Part V PART II, COLUMN (D) - PURPOSE OF GRANTS THE UNICEF USA IMPACT FUND FOR CHILDREN IS A TAX-EXEMPT AFFILIATE ORGANIZATION OF UNICEF USA. UNICEF WORKS IN OVER 190 COUNTRIES AND TERRITORIES TO SAVE CHILDREN'S LIVES, DEFEND THEIR RIGHTS AND HELP THEM REACH THEIR FULL POTENTIAL FROM EARLY CHILDHOOD THROUGH ADOLESCENCE. false false false false false false false false false Cristina Shapiro-Alster Chief Strategy Officer & Pres. of IF4C 0 439410 0 46000 0 1333 0 32133 0 15397 0 534273 0 0 Michael J Nyenhuis Director/President/CEO 0 647673 0 262435 0 17925 0 40739 0 8092 0 976864 0 0 Jessica Leinwand CHIEF LEGAL OFFICER/GENERAL COUNSEL 0 437410 0 0 0 558 0 31673 0 7398 0 477039 0 0 Michael S Chen CFO/Treasurer 0 359622 0 0 0 2400 0 23008 0 7398 0 392428 0 0 Michele Walsh EVP/CHIEF PHILANTHROPY OFFICER 0 435686 0 0 0 21018 0 31762 0 11118 0 499584 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) DOES NOT PAY ITS EMPLOYEES DIRECTLY. RATHER ALL COMPENSATION IS REPORTED AND PAID BY ITS SUPPORTED ORGANIZATION, UNITED STATES FUND FOR UNICEF (UUSA) AND THEN REIMBURSED BY IF4C. THE CHIEF EXECUTIVE OFFICER OF UUSA WITH INPUT AND CONSULTATION FROM THE IF4C BOARD OF DIRECTORS HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S EMPLOYMENT AGREEMENT. DURING THE EMPLOYMENT AGREEMENT REVIEW PROCESS, A COMPARABILITY STUDY IS REVIEWED WHICH TAKES INTO CONSIDERATION PEER ORGANIZATIONS IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT, AND INCLUDES SALARY, BENEFITS, AND INCENTIVES AS APPROPRIATE. ALSO, ON AN ANNUAL BASIS, A REVIEW OF THE PRESIDENT'S PERFORMANCE IS CONDUCTED UNDER A SIMILAR COMPARABLE PROCESS. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE UNICEF USA IMPACT FUND FOR CHILDREN EXISTS TO DEVELOP AND IMPLEMENT FINANCIAL SOLUTIONS TO ENSURE EVERY CHILD IS HEALTHY, EDUCATED, PROTECTED, AND RESPECTED. WE BELIEVE TRULY SCALABLE, LONG-TERM IMPACT WILL ONLY BE ACCOMPLISHED WHEN WE COMPLEMENT PHILANTHROPY BY ENGAGING THE VAST CAPITAL POOLS ACROSS FINANCIAL MARKETS TO WORK FOR EVERY CHILD. IF4C'S LARGEST OFFERING IS THE BRIDGE FUND, WHICH USES DEBT TO FAST-TRACK CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) DOES NOT PAY ITS EMPLOYEES DIRECTLY. RATHER, ALL COMPENSATION IS REPORTED AND PAID BY ITS SUPPORTED ORGANIZATION, UNITED STATES FUND FOR UNICEF (UUSA) AND THEN REIMBURSED BY IF4C. THE CHIEF EXECUTIVE OFFICER OF UUSA WITH INPUT AND CONSULTATION FROM THE IF4C BOARD OF DIRECTORS HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT THE PRESIDENT'S COMPENSATION. Form 990, Part VI, Line 18 Forms 1023 THE ORGANIZATION'S FORM 1023 IS AVAILABLE UPON REQUEST. THE ORGANIZATION'S FORMS 990 IS POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG AND IS ALSO AVAILABLE ON GUIDESTAR AND CHARITY NAVIGATOR. Form 990, Part VI, Line 6 Classes of members or stockholders THE UNITED STATES FUND FOR UNICEF IS THE SOLE MEMBER OF THE UNICEF USA IMPACT FUND FOR CHILDREN INC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE MEMBER, UNITED STATES FUND FOR UNICEF, HAS THE POWER TO APPOINT THE BOARD OF DIRECTORS OF THE ORGANIZATION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE SOLE MEMBER, UNITED STATES FUND FOR UNICEF (UUSA), HAS CERTAIN RESERVED POWERS INCLUDING THE RIGHT TO APPROVE (1) ANY AMENDMENT OF THE ORGANIZATION'S CERTIFICATE OF INCORPORATION OR BYLAWS; (2) THE OPERATION AND CAPITAL BUDGETS OF THE ORGANIZATION; (3) THE ORGANIZATION'S ADOPTION OF AN INVESTMENT AND SPENDING POLICY; (4) THE ISSUANCE OF DEBT BELOW A CERTAIN THRESHOLD BY THE ORGANIZATION; AND (5) ANY FUNDAMENTAL CHANGES TO THE ORGANIZATION SUCH AS MERGER AND DISSOLUTION. AMONG THE ORGANIZATION'S RESERVED POWERS IS THE POWER TO SET THE NUMBER OF DIRECTORS AND APPOINT ALL DIRECTORS OF THE ORGANIZATION. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body AFTER THE RETURN IS PREPARED BY STAFF AND KPMG LLP, IT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, CHIEF PEOPLE OFFICER AND CHIEF LEGAL OFFICER, EXTERNAL COUNSEL AS WELL AS THE PRESIDENT OF THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C). THE IF4C PRESIDENT REVIEWS THE RETURN WITH THE PRESIDENT, CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER OF THE UNITED STATES FUND FOR UNICEF (UUSA) AND THE CHAIR OF THE UUSA AUDIT COMMITTEE. THE CHAIR THEN PRESENTS THE RETURN TO THE UUSA AUDIT COMMITTEE FOR REVIEW. AFTER THIS REVIEW IS COMPLETE, THE RETURN IS SHARED WITH BOTH THE IF4C AND UUSA BOARD MEMBERS FOR REFERENCE ONLY. THE RETURN IS THEN FILED ELECTRONICALLY WITH THE IF4C CHIEF FINANCIAL OFFICER SIGNING THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy EVERY STAFF MEMBER OF THE ORGANIZATION IS REQUIRED ANNUALLY TO SIGN A FORM THAT ENSURES EVERYONE IS AWARE OF AND IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE PEOPLE & CULTURE DEPARTMENT COLLECTS THIS INFORMATION. IN ADDITION, EVERY BOARD MEMBER AND PRINCIPAL OFFICER ANNUALLY COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT DISCLOSING THE FACTS RELATING TO ANY ACTUAL OR POTENTIAL FINANCIAL INTEREST OR STATING THAT HE OR SHE HAS NO REPORTABLE FINANCIAL INTEREST THAT WOULD CONSTITUTE A CONFLICT OR POTENTIAL CONFLICT OF INTEREST AND ACKNOWLEDGING THAT THEY REVIEWED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION HAS AN EXTENSIVE CONFLICT OF INTEREST POLICY THAT ESSENTIALLY REQUIRES ANY BOARD MEMBER OR PRINCIPAL OFFICERS WITH A CONFLICT OR POTENTIAL CONFLICT OF INTEREST TO DISCLOSE THE EXISTENCE AND ALL MATERIAL FACTS REGARDING ANY INTEREST IN A TRANSACTION OR MATTER BEING CONSIDERED BY THE BOARD OR A BOARD COMMITTEE AND TO RECUSE HIMSELF OR HERSELF FROM THE MEETING IN WHICH THE TRANSACTION OR MATTER IS DISCUSSED AND VOTED UPON. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG Form 990, Part IX, Column (A) EXPENSES CERTAIN EXPENSES, INCLUDING SALARIES AND RELATED EMPLOYEE BENEFITS, ARE PAID BY THE ORGANIZATION'S RELATED ORGANIZATION, UNITED STATES FUND FOR UNICEF AND THEN REIMBURSED BY UNICEF USA IMPACT FUND FOR CHILDREN. Form 990, Part XI, Line 9 Other changes in net assets or fund balances PROVISION FOR LOAN LOSS - 340752; Total - 340752; UNITED STATES FUND FOR UNICEF 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 131760110 SUPPORT PROGRAMS THROUGH FUNDRAISING NY 501(c)(3) 7 NA false false false true false false false false false false false false false false true true false false true false