Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WORLD COCOA FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1025 CONNECTICUT AVE NW 415
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20036
A Employer identification number

54-1715875
B Telephone number (see instructions)

(202) 737-7870
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$8,376,803J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,745,890
2 Check right arrow.............
3 Interest on savings and temporary cash investments 294,297 294,297 294,297
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
3,737
b Gross sales price for all assets on line 6a 3,737
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,696,466 0 2,696,466
12 Total. Add lines 1 through 11........ 6,740,390 294,297 2,990,763
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 580,688 0 0 580,688
14 Other employee salaries and wages...... 1,418,510 0 339,864 1,026,660
15 Pension plans, employee benefits....... 330,361 0 75,352 246,693
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
306,952 0 0 291,952
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
66,122 2,000 0 67,223
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,661,969 0 159,718 1,954,180
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
158,522 0 0 152,449
19 Depreciation (attach schedule) and depletion... 48,119 0 0
20 Occupancy.............. 251,301 0 2,513 279,321
21 Travel, conferences, and meetings....... 490,595 0 4,524 696,527
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
385,423 0 47,636 356,220
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,698,562 2,000 629,607 5,651,913
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 6,698,562 2,000 629,607 5,651,913
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,828
b Net investment income (if negative, enter -0-) 292,297
c Adjusted net income (if negative, enter -0-)... 2,361,156
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 76,874 147,468 147,468
2 Savings and temporary cash investments......... 7,205,484 6,615,943 6,615,943
3 Accounts receivable right arrow265,107
Less: allowance for doubtful accounts right arrow   8,698 265,107 265,107
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable................. 719,920 289,488 289,488
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 98,352 211,919 211,919
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow316,475
Less: accumulated depreciation (attach schedule) right arrow130,456 234,138 186,019 186,019
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
817,930 		Click to see attachment
List of Attached Documents:
// Content
660,859 		Click to see attachment
List of Attached Documents:
// Content
660,859
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,161,396 8,376,803 8,376,803
Liabilities 17 Accounts payable and accrued expenses.......... 576,121 1,085,007
18 Grants payable.................    
19 Deferred revenue................. 1,238,182 75,000
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
923,491 		Click to see attachment
List of Attached Documents:
// Content
751,366
23 Total liabilities (add lines 17 through 22)......... 2,737,794 1,911,373
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 5,621,583 5,551,891
25 Net assets with donor restrictions............ 802,019 913,539
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 6,423,602 6,465,430
30 Total liabilities and net assets/fund balances (see instructions). 9,161,396 8,376,803
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,423,602
2
Enter amount from Part I, line 27a .....................
2
41,828
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,465,430
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,465,430
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 4,063
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,063
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,063
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,500
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 237
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,200
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,200 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.WORLDCOCOAFOUNDATION.ORG
14
The books are in care ofright arrowBERNARD KRAMER Telephone no.right arrow (202) 737-7870

Located atright arrow1025 CONNECTICUT AVE NW 415WASHINGTONDC ZIP+4right arrow20036
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowGH, IV
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CHRIS VINCENT CEO
45.00 		512,000 53,868 57,525
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
CHRISTINE MCGRATH WCF CHAIR
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
TRICIA BRANNIGAN WCF VICE-CHAIR TREASURER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
TEJINDER SARAON WCF SECRETARY
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
KOJO AMOO-GOTTFRIED WCF VICE-CHAIR
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
STEVEN RETZLAFF MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
ANDY HARNER MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
FRANCISCO GOMEZ MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
PATRICK POIRRIER MEMBER (THROUGH 11/2023)
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
NICOLAS DE WASSEIGE MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
MARCO GONCALVES MEMBER (THROUGH 11/2023)
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
GARY GUITTARD MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
BARRY PARKIN MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
LIBERATO MILO MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
YOURI DUMONT MEMBER (THROUGH 11/2023)
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
PAUL DAVIS MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
JOSEPH LARROSE MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
HAJIA MARIA ADAMU-ZIBO MEMBER (FROM 11/2023)
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
ISABEL HOCHGESAND MEMBER (FROM 11/2023)
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
DIETER WEISSKOPF MEMBER (FROM 11/2023)
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
AMBER JOHNSON MEMBER
2.00 		0 0 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
DOUGAL FREEMAN VP OF OPERATIONS (FROM 10/2023)
40.00 		68,688 8,661 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
MICHAEL MATARASSO MONITORING & EVALUAT
40.00 		167,035 38,604 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
ETHAN BUDIANKY ENVIRONMENT DIRECTOR
40.00 		133,826 38,350 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
YOUSSOUF N'DYORE COUNTRY DIRECTOR - C
40.00 		132,063 20,074 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
BETTY ANNAN COUNTRY DIRECTOR - G
40.00 		106,224 17,527 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
CHARLETTE E OUATTARA COUNTRY PROGRAM MANA
40.00 		96,264 14,632 0
1025 CONNECTICUT AVE NW STE 415
WASHINGTON,DC20036
Total number of other employees paid over $50,000...................right arrow 6
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
ODGERS BERNDTSON STRATEGIC PLANNING AND RECRUITING 362,250
140 E 45TH STREET 44TH FLOOR
NEW YORK,NY10017
HOGAN LOVELLS US LLP LEGAL 249,579
COLUMBIA SQ 555 THIRTEENTH STM NW
WASHINGTON,DC20004
P&A LTDA PROGRAM SUPPORT AND EXECUTION 233,320
PRAMCA RIO BRANCO 13-SALA 2
ESPIRITO SANTO DO PINHAL    
BR
SYNERGY PARTNER SOLUTIONS LLC OUTSOURCED FINANCIALS SUPPORT 189,000
12500 WOODSONG LANE
BOWIE,MD20721
SATELLIGENCE PROGRAM CONSULTING 93,591
MAILEBAAN 22 UTRECHT
UTRECHT    
NL
Total number of others receiving over $50,000 for professional services.............right arrow11
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 WEST AFRICA: DEFORESTATION IS A MAJOR ISSUE IN COTE D'IVOIRE AND GHANA, WHICH TOGETHER PRODUCE NEARLY TWO-THIRDS OF THE WORLD'S COCOA SUPPLY. COTE D'IVOIRE AND GHANA, RESPECTIVELY, LOST 25% AND 8% OF THEIR PRIMARY FOREST BETWEEN 2002-2019, WITH A SIGNIFICANT PORTION OF DEFORESTATION DUE TO COCOA FARMING. AT THE NOVEMBER 2017 UN CLIMATE CHANGE CONFERENCE (COP23), THE GOVERNMENTS OF COTE D'IVOIRE AND GHANA AND LEADING CHOCOLATE AND COCOA COMPANIES SIGNED THE COCOA & FORESTS INITIATIVE FRAMEWORKS FOR ACTION. THE COCOA & FORESTS INITIATIVE (CFI) IS THE FIRST AND LARGEST PUBLIC-PRIVATE PARTNERSHIP SPANNING THE COCOA SECTOR. IT INCLUDES 36 WORLD COCOA FOUNDATION (WCF) MEMBER COMPANIES, WHICH ACCOUNT FOR 85% OF GLOBAL COCOA USE.(CONTINUED IN STATEMENT #17) 2,467,159
2 SOUTH AMERICA: "COCOAACTION BRASIL", A COLLABORATIVE INITIATIVE LAUNCHED BY LEADING MEMBERS OF BRAZIL'S CHOCOLATE AND COCOA SECTOR IN OCTOBER 2018, IS A TESTAMENT TO THE INDUSTRY'S COMMITMENT TO SUSTAINABILITY. THIS INITIATIVE AIMS TO ADDRESS A RANGE OF SUSTAINABILITY ISSUES IN THE COUNTRY'S COCOA SECTOR, INCLUDING INCREASING PRODUCTIVITY, IMPROVING THE QUALITY OF BRAZIL'S COCOA, CONTROLLING PESTS AND DISEASES, IMPROVING FARMERS' LIVING AND WORKING CONDITIONS, STRENGTHENING FARMERS ORGANIZATIONS, AND SUPPORTING SUSTAINABLE FOREST-POSITIVE COCOA PRODUCTION SYSTEMS. THE KEY TO ITS SUCCESS LIES IN ITS COLLABORATIVE APPROACH, WHICH FOSTERS SHARED LEARNING AND UNIFIED ACTION ACROSS THE SUPPLY CHAIN. (CONTINUED IN STATEMENT #18) 963,940
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
8,323,712
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
8,323,712
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
8,323,712
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) Click to see attachment
List of Attached Documents:
// Content
.............................
4
8,323,712
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
0
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
0
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
5,651,913
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,651,913
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
1994-08-01
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		5,651,913 5,976,243 5,419,004 7,391,000 24,438,160
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		5,651,913 5,976,243 5,419,004 7,391,000 24,438,160
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		        0
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		6,446,093 6,794,479 7,022,572 7,151,133 27,414,277
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		6,446,093 6,794,479 7,022,572 7,151,133 27,414,277
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....         2,696,466
3 Interest on savings and temporary cash
investments ........... 		    14 294,297  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,737  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 298,034 2,696,466
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,994,500
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
2 TO HELP DELIVER PROGRAMMING AND INCREASE AWARENESS
2 FURTHERING THE WORLD COCOA FOUNDATION'S SUSTAINABILITY MISSION.
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
WORLD COCOA FOUNDATION INC
 
Employer identification number

54-1715875
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
WORLD COCOA FOUNDATION INC
  		Employer identification number
54-1715875
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
BLOMMER
 
1011 BLOMMER DR E
 
GREENVILLE, PA18041

$ 63,221


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
CARGILL BV CARGILL COCOA & CHOCOLATE
 
EVERT VAN DE BEEKSTRAAT 378 SCHIPHO
 
  , NL-1118 CZ   NL

$ 316,005


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
ECOM AGROTRADE LTD
 
NIGHTINGALE HOUSE 65 CURZON STREET
 
  , LONDON WIJ 8PE   UK

$ 29,596


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
FERRERO
 
FERRERO TRADING LUX SA FINDEL BUS C
 
  , FINDEL   LU

$ 337,495


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
THE HERSHEY COMPANY
 
100 CRYSTAL A DRIVE
 
HERSHEY, PA170338524

$ 337,489


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
MARS GLOBAL CHOCOLATE
 
PO BOX 696517
 
SAN ANTONIO, TX78269

$ 410,689


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
WORLD COCOA FOUNDATION INC
  		Employer identification number
54-1715875
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
MONDELEZ EUROPE GMBH
 
LINDBERG ALLEE 1 GLATTPARK 8152
 
  , ZURICH   SZ

$ 548,109


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
NESTLE - NESTRADE
 
AV NESTLE 55 1800 VEVEY
 
  ,     SZ

$ 548,109


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
OLAM
 
16TH FLOOR NEW ZEALAND HOUSE 80 HAY
 
  , LONDON   UK

$ 241,945


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
TOUTON SA
 
BP 13 - 1 RUE RENE MAGNE CENTRE COM
 
  , BORDEAUX CEDEX   FR

$ 29,796


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
BARRY CALLEBAUT AG
 
HARDTURMSTRASSE 181 8005
 
  , ZURICH   SZ

$ 316,005


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
DENGO DO BRASIL LTDA
 
R NEBRASKA 323 SAO PAULO SP
 
  , BRAZIL04560-010BR

$ 11,150


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
WORLD COCOA FOUNDATION INC
  		Employer identification number
54-1715875
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
SUCRES ET DENREES
 
20/22 RUE DE LA VILLE LEVEQUE
 
  , PARIS   FR

$ 29,596


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
HARALD INDSTRIA DE ALIMENTOS LTDA
 
ESTRADA TENENTE MARQUES 5555
 
VILA POUPANA SANTANA DE, BRAZILPOSTAL CODE: 065BR

$ 73,200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
PALLADIUM INTERNATIONAL LIMITED
 
2ND FLOOR TURNBERRY HOUSE 100 BUNHI
 
  ,     UK

$ 289,828


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
PROFOREST
 
SOUTH SUITE FREWIN CHAMBERS FREWIN
 
OXFORD OX HZ,     UK

$ 145,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
WORLD COCOA FOUNDATION INC
  		Employer identification number

54-1715875
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
WORLD COCOA FOUNDATION INC
  		Employer identification number

54-1715875
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


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TY 2023 AccountingFeesSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 66,122 2,000 0 67,223

TY 2023 CashDeemedCharitableExplnStmt
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Explanation:
THE FOUNDATION DOES NOT OWN ANY CASH FOR INVESTMENT PURPOSES. ALL CASH IS HELD TO FUND CURRENT OPERATIONS AND THE AMOUNT EXPENDED DURING THE NEXT YEAR FOR CHARITABLE PURPOSES WILL EXCEED THE TOTAL CASH HELD AT YEAR END.

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Statement:
THE DISTRICT OF COLUMBIA DOES NOT REQUIRE A COPY OF THE FEDERAL FORM 990-PF TO BE FILED WITH IT.

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TY 2023 GainLossSaleOtherAssetsSch
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
GAIN ON SALE OF LAPTOP   PURCHASED     3,737   COST 0 3,737  

TY 2023 GeneralExplanationAttachment
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Identifier Return Reference Explanation
CONTINUATION OF ACTIVITY #1 FORM 990-PF, PART VIII, LINE 1 IN MARCH 2019, ANOTHER MILESTONE WAS REACHED TO STRENGTHEN TRANSPARENCY AND ACCOUNTABILITY IN THE COCOA SUPPLY CHAIN: THE SIGNATORIES RELEASED ACTION PLANS THAT SPELL OUT CONCRETE STEPS TO END COCOA-RELATED DEFORESTATION. THE ACTION PLANS FOCUS ON FOREST PROTECTION AND RESTORATION, SUSTAINABLE COCOA PRODUCTION AND FARMERS' LIVELIHOODS, COMMUNITY ENGAGEMENT, AND SOCIAL INCLUSION. IN 2020, THE COCOA & FORESTS INITIATIVE REPORTED ON THE FIRST TWO YEARS OF IMPLEMENTATION. COCOA AND CHOCOLATE COMPANIES FOCUSED ON TEACHING FARMERS TO GROW MORE COCOA ON LESS LAND, PLANTING FOREST TREES, AND MAPPING FARMS TO UNDERSTAND BETTER WHERE THEIR COCOA COMES FROM. THE FOCUS WAS TO ACCELERATE AND SCALE IMPACT ON THE GROUND BY BUILDING COLLECTIVE ACTION AND CO-INVESTMENT IN PRIORITY LANDSCAPES IN ADDITION TO SUPPLY-CHAIN INVESTMENTS FROM 2018 TO 2022. IN 2023, A SECOND PHASE WITH EMPHASIS ON COLLECTIVE ACTION AND CO-INVESTMENT IN PRIORITY LANDSCAPES HAS BEEN LAUNCHED TO HELP CFI SIGNATORIES ADDRESS THE URGENT NEED TO ACCELERATE THE PROTECTION AND RESTORATION OF FORESTS. IN GHANA, WCF AND COMPANIES WORKED WITH THE GHANA COCOA BOARD (COCOBOD) TO COMPLETE AND PILOT THE COCOA MONITORING SYSTEM (CMS) AS WELL AS DRIVING PROGRESS WITH COCOBOD ON THE AFRICAN REGIONAL STANDARD (ARS) 1000 SERIES. IN COTE D'IVOIRE, PARTNERS WORKED TOGETHER TO TRANSITION THE BOSSEMATIE FOREST FROM A NATIONAL CLASSIFIED FOREST TO A NATIONAL RESERVE, STRENGTHENING CONSERVATION.OVERALL PROGRESS: - $270 MILLION INVESTED BY SIGNATORY COMPANIES OVER THREE YEARS (2021-2023) IN CFI-RELATED PATHWAYS IN GHANA AND COTE D'IVOIRE- 83% OF DIRECT COCOA SUPPLY FROM SIGNATORY COMPANIES IN GHANA AND 82% IN COTE D'IVOIRE IS NOW TRACEABLE TO THE PLOT LEVEL - 43 MILLION MULTIPURPOSE TREE SEEDLINGS FOR AGROFORESTRY DISTRIBUTED SINCE 2018, WITH 130,000 HECTARES OF COCOA AGROFORESTRY DEVELOPED IN 2023 ALONE- 1.22 MILLION TREES WERE DISTRIBUTED FOR OFF-FARM RESTORATION EFFORTS AND 417,000 FARMERS WERE TRAINED OR INFORMED OF FOREST POLICY, PROTECTION AND RESTORATION IN 2023- 1.04 MILLION FARMERS WERE PROVIDED WITH TECHNICAL ASSISTANCE TO PROFESSIONALISE AND OPTIMISE COCOA FARMING PRACTICES IN 2023 - 323,000 HECTARES WERE PLACED UNDER COMMUNITY BASED NATURAL RESOURCE MANAGEMENT IN 2023
CONTINUATION OF ACTIVITY #2 FORM 990-PF, PART VIII, LINE 2 CURRENT OPPORTUNITIES IN BRAZILIAN COCOA INCLUDE THE COUNTRY'S STATUS AS A LEADER IN THE AREAS OF REFORESTATION AND BIODIVERSITY PRESERVATION BY COCOA THROUGH THE COUNTRY'S AGROFORESTRY AND CABRUCA PRODUCTION MODELS. RECENT DEVELOPMENTS IN THE SECTOR IN PAR ALSO HOLD PROMISE FOR MODELING MUCH HIGHER FARM-LEVEL PRODUCTIVITY.ALL ACTIVITIES ARE IMPLEMENTED BY ENGAGING MEMBERS AND PARTNERS THROUGHOUT THE SUPPLY CHAIN. THE GOAL IS TO LEAVE A LEGACY OF COLLABORATION AND COLLECTIVE ACTION, SO THAT THE BRAZILIAN COCOA SECTOR CONTINUES TO WORK TOGETHER FOR LONG-LASTING RESULTS IN SUSTAINABILITY. IN 2025, WCF WILL HAVE THE UNIQUE OPPORTUNITY OF HOSTING ITS ANNUAL PARTNERSHIP MEETING IN SAO PAULO, BRAZIL, CONVENING ALL MEMBERS AND ALLOWING COCOAACTION BRASIL TO TAKE CENTER STAGE.

TY 2023 LegalFeesSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 306,952 0 0 291,952


TY 2023 OtherAssetsSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSITS 34,592 34,592 34,592
RIGHT OF USE ASSET 783,338 626,267 626,267


TY 2023 OtherExpensesSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INFORMATION TECHNOLOGY 127,870 0 6,394 107,833
DUES & SUBSCRIPTIONS 118,467 0 21,324 85,604
SUPPLIES 73,901 0 4,434 71,994
INSURANCE 40,332 0 0 65,241
BANK FEES AND FOREIGN EXCHANGE 15,289 0 15,289 15,289
EQUIPMENT, REPAIRS & MAINTENANCE 6,496 0 195 7,191
MISCELLANEOUS EXPENSE 3,068 0 0 3,068


TY 2023 OtherIncomeSchedule2
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MEMBERSHIP DUES AND ASSESSMENTS 2,696,466   2,696,466


TY 2023 OtherLiabilitiesSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Description Beginning of Year - Book Value End of Year - Book Value
OPERATING LEASE LIABILITY 923,491 751,366


TY 2023 OtherProfessionalFeesSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTANTS AND CONTRACTED SERVICES 2,661,969 0 159,718 1,954,180


TY 2023 TaxesSchedule
Name:
WORLD COCOA FOUNDATION INC
EIN:
54-1715875
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 112,887 0 0 106,814
TAXES AND REGULATORY FEES 45,635 0 0 45,635