Americares Foundation Inc

“990 review process the form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. The form 990 is subject to a detailed review by the chief financial officer and americares' legal counsel prior to its submission to the audit committee. The form 990 is presented to the audit committee of the board of directors by management and its external accounting firm; once reviewed and accepted by the audit committee, the 990 is distributed to the full board of directors for their review and comment.”

“Conflict of interest policy section 1. Policy. A director or officer shall disclose to the board of directors any potential conflicts of interest in connection with proposed actions of the corporation. When any such conflict of interest is relevant to a matter requiring action by the board of directors, or a committee thereof, such interested director or officer shall not vote on the matter. Moreover, the interested director or officer shall retire from the room in which the board of directors (or the committee) is meeting and shall not participate in the final deliberation or decision regarding the matter under consideration. However, the interested director or officer shall provide the board of directors or committee with any and all material information. Section 2. Disclosure. The minutes of the meeting of the board of directors or committee shall reflect that a conflict of interest was disclosed and that the interested director or officer was not present during the final discussion or vote and did not vote. When there is a doubt as to whether a conflict of interest exists, the matter shall be resolved by a vote of the board of directors, or the committee, excluding the interested director or officer concerning whose situation the doubt has arisen. Section 3. Review of policy. This policy shall be reviewed annually for the information and guidance of directors, officers and staff members; and any new directors, officers or staff members shall be advised of the policy and furnished a disclosure statement upon undertaking the duties of such office.”

“Process for determining compensation americares pursues a rigorous process to ensure that the compensation it pays is commensurate with the not-for-profit industry in which it operates. Americares has a compensation committee in place that determines the president & ceo's compensation based on compensation survey results conducted by an independent third party consultant. The compensation committee of the board of directors ultimately ratified the president and ceo's compensation. For all other individuals reported on the 990 (as well as all americares staff), the president & chief executive officer, in consultation with the chief people officer, determines compensation utilizing available market data, salary survey results and other available tools to substantiate decisions. Americares, likewise, commissioned a separate compensation study in october of 2022 to cover all staff.”

“Public disclosure of documents the foundation makes its form 990 available to the public by retaining a copy at its place of business and on its website. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements are available on its website and by request. The governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“We respond to people affected by poverty or disaster with life-changing health programs, medicine & supplies.”

“As one of the world's leading nonprofit provider of donated medicines and supplies, americares reached 92 countries in fy24 with medicine, medical supplies, support and technical assistance valued at more than $1.8 billion through our medicine security, emergency programs and health services programs. Americares mission is to saves lives and improves health for people affected by poverty or disaster so they can reach their full potential. To accomplish this, americares invests in local health centers: when local health centers thrive, so do people in their communities with better health, more opportunities and increasingly productive lives. Americares reaches an unrivaled network of 4,000 local, national and international health care institutions and facilities that include hospitals, clinics, local health centers, ministries of health and nonprofit health care networks and providers. Working through this network, americares has three core programs: medicine security: increasing access to critical medicine and medical supplies; emergency programs: helping communities prepare for, respond to and recover from disasters; and health services: improve and expand health services, prevent disease and promote good health. Across its programs, americares prioritizes mental health, women's and children's health, treatment and prevention of infectious diseases and management of hypertension and diabetes. Through collaboration with our extensive worldwide partner network, we implemented 315 health projects in 36 countries and leveraged more than $1 billion worth of donated and procured commodities to respond to emergencies and relieve shortages of medicines and supplies. This support included enough medicine to fill more than 16 million prescriptions and more than 3 million units of supplies. Through medicine alone, we estimate that we improved the health more than 2.5 million people.”

“Medicine security to improve health outcomes for patients and communities, americares increases accessibility, availability, affordability and acceptability of medicine and supplies for partner health providers. A strong and network of over 200 pharmaceutical and medical supply corporations donate these medicines, medical supplies, personal care products, medical equipment and technology. Americares medicine security program distributes high-quality medicines directly to a network of partners across the globe. Partners are selected for their capacity to securely and effectively process and utilize americares medical and supply donations. Americares also supports volunteer medical teams as they provide primary care, perform surgeries, respond to health emergencies and strengthen local health care capacity in communities where basic medical care is often non-existent or inaccessible. Last year, americares provided these teams with $54.09 million in donated medicines and supplies as well as medical training tools and resources which they used to provide care in 72 countries, including the united states. In all, americares provided aid valued at $1.78 billion through our medicine security program, including enough medicine to fill 12 million prescriptions and 1.9 million medical supplies. We estimate that 1.7 million people benefited from the medicine provided by americares medicine security program.”

“Emergency programs from july 2023 to june 2024, americares responded to 35 natural disasters and humanitarian crises in 28 countries, including the united states, with technical assistance, shipments of medicines and emergency supplies as well as preparedness, response and recovery projects. Across all emergencies in fy24, americares emergency programs delivered more than $50 million in emergency and disaster aid, including shipments of medicines and relief supplies; through medicine alone, americares emergency programs reached more than 1 million people. In emergency settings, americares provided grants and support for 127 projects, which directly benefited more than 459,000 people. Americares comprehensive program to provide primary care services to venezuelan migrants and colombian returnees in colombia continued in fy24. Americares emergency programs provided aid to emergencies in the following countries: 1. Afghanistan 2. Armenia 3. Bangladesh 4. Colombia 5. Dominican republic 6. El salvador 7. Ethiopia 8. Greece 9. Honduras 10. India 11. Indonesia 12. Iraq 13. Jordan 14. Kenya 15. Lebanon 16. Madagascar 17. Malawi 18. Pakistan 19. Peru 20. Philippines 21. Sierra leone 22. Somalia 23. Syria 24. Tajikistan 25. Turkiye 26. Ukraine 27. United states 28. Yemen americares emergency programs rely on the close partnerships we share with our broad network of health care providers. By investing in local capacity, is americares ensuring that communities can respond effectively to emergencies, engage in long-term recoveries and integrate disaster preparedness into their ongoing operations.”

“Americares supports the capacity of local health delivery partners and promotes health and disease prevention in low-income communities across the u.s. And worldwide. Through work in our own clinics and that of our partners, americares provided aid valued at more than $28.6 million through our health services program. In fy24, americares community health programs spanned a range of health themes including mental health, women's and children's health, infectious disease, non-communicable disease (such as diabetes and hypertension) and health system strengthening. With local management and staff, americares operates a clinic in el salvador, clinica integral de atencion familiar; we also partner closely with americares india and americares free clinics in connecticut. In fy24, americares also supported u.s.-based medical volunteers on 665 short-term medical outreach trips to 72 countries. For these volunteers, americares makes available medicine, and also surgical supplies such as pulse oximeters, surgical sets and safe-surgery checklists; volunteer surgical teams used these and other donated products to perform 38,000 surgeries in fy24. Teams also donate the products to host facilities and train local staff, last year training more than 6,000 health workers. Americares also provides resources and training so health workers can better serve their communities and improve the health of low-income patients. In fy24, americares capacity-building training reached 21,794 health care workers across the globe.”

“Changes in split-interest agreements 100,543. Loss on foreign currency 33,300.”