2024-09-19T11:52:07-05:00 2023-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2023-01-01 650617866 ASSOCIATION OF SMALL FOUNDATIONS ASSO 2025806560 PO BOX 65607 WASHINGTON DC 20036 PAUL D DAUGHERTY CEO 2025806560 2024-09-11 1 0 HOLLY CAPORALE P00235685 3019860600 2024-09-11 2023 2024-08-08 14:25:15Z X EXPONENT PHILANTHROPY PAUL D DAUGHERTY PO BOX 65607 WASHINGTON DC 20036 3470895 0 X WWW.EXPONENTPHILANTHROPY.ORG X 1995 DE BUILD AND STRENGTHEN LEAN PHILANTHROPY. 14 14 17 55 4500 0 438059 955851 1981949 2181032 24772 146933 203234 187079 2648014 3470895 0 0 0 0 1931431 1918899 0 0 530942 1961292 1788507 3892723 3707406 -1244709 -236511 5151279 4079026 998869 934203 4152410 3144823 X EXPONENT PHILANTHROPY IS A MEMBER-LED COMMUNITY OF NEARLY 1600 LEAN FUNDERS THAT PRACTICE PHILANTHROPY WITH FEW OR NO STAFF. THIS VIBRANT NETWORK OF FUNDERS AND DONORS HAS IN COMMON LEAN OPERATIONS AND A STYLE OF GIVING MOTIVATED BY PERSONAL PASSION, COMMUNITY NEEDS, AND 0 0 2600493 EXPONENT PHILANTHROPY EDUCATES, EQUIPS, AND CONNECTS LEAN FUNDERS TO BECOME INCREASINGLY KNOWLEDGEABLE AND EFFECTIVE THROUGH RESEARCH THAT INFORMS OUR EDUCATION PROGRAMS AND A RICH LIBRARY OF PUBLICATIONS, TOOLS, AND RESOURCES. THESE INCLUDE, BUT NOT LIMITED TO: ESSENTIALS MAGAZINE, THE INDUSTRY-STANDARD ANNUAL FOUNDATION OPERATIONS AND MANAGEMENT REPORT, FOUNDATION GUIDEBOOK, TRUSTEE HANDBOOK, ADVOCACY FIELD GUIDE, DIGITAL REPORTS, ASSESSMENTS, Q&A SERVICE, ANNUAL CONFERENCE, WEBINARS, AND COHORT PROGRAMS. OUR MEMBERS ARE THE AUTHORITIES IN EVERY ASPECT OF WHAT IT MEANS TO PRACTICE LEAN PHILANTHROPY, SO BEYOND BRINGING THEM INFORMATION, CONNECTING THEM WITH EACH OTHER IS PARAMOUNT TO OUR MISSION. WE INTENTIONALLY PROVIDE OPPORTUNITIES TO FOSTER MEANINGFUL CONNECTIONS THROUGHOUT THE YEAR VIA VIRTUAL AND IN-PERSON EXPERIENCES. THESE INCLUDE: VIRTUAL ROUNDTABLES AND DINE-AROUNDS, PEER COACHING, LEADERSHIP COHORTS, THE ANNUAL CONFERENCE, VOLUNTEER COMMITTEES, THE ONLINE MEMBER DIRECTORY AND DISCUSSION COMMUNITIES. THIS IS ACCOMPLISHED BY AMPLIFYING THE VOICES AND EXPERIENCES OF OUR MEMBERS THROUGH BLOGS, PODCASTS, PROGRAMS, AND OUR AWARDS PROGRAM.2023 MARKED THE FOURTH YEAR OF IMPLEMENTING EXPONENT PHILANTHROPY'S 2020-2025 STRATEGIC PLAN AND INCLUDED THE FOLLOWING ACCOMPLISHMENTS:- AROUND 3,500 RESOURCES, SAMPLE DOCUMENTS, AND TOOLKITS DOWNLOADED OR PURCHASED- ALMOST 1,000 ATTENDEES ACROSS 29 VIRTUAL EDUCATION PROGRAMS ON FILING THE 990-PF, BECOMING A BETTER ALLY, ROUNDTABLE DISCUSSIONS WITH NEXTGEN, THE ON RAMP TO CATALYTIC LEADERSHIP IN PHILANTHROPY AND MORE; - A SUCCESSFUL ANNUAL CONFERENCE IN BALTIMORE, MARYLAND WITH 500 PARTICIPANTS; - RELEASE OF OUR 2023 FOUNDATION OPERATIONS & MANAGEMENT REPORT WITH OVER 1,000 DOWNLOADS/PURCHASES;- NEARLY 400 POSTS TO THE MEMBER DISCUSSION COMMUNITY;- OVER 2,000 DOWNLOADS/LISTENS TO THE CATALYTIC PHILANTHROPY PODCAST FEATURING CATALYTIC LEAN FUNDERS;- THE LAUNCH OF RESEARCH REPORTS HIGHLIGHTING CATALYTIC LEADERSHIP IN PHILANTHROPY, RACIAL EQUITY IN LEAN PHILANTHROPY, AND BUILDING RELATIONSHIPS WITH GRANTEES;- ALMOST 15,000 FOLLOWERS ACROSS OUR SOCIAL MEDIA CHANNELS- THE CURATION OF 38 BLOG POSTS WITH OVER 40,000 BLOGS READ 2600493 1 1 0 1 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 17 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO DC FL GA HI KY ME MA MI MN MS NV NH NJ NM NY NC ND OH OK OR RI SC UT WA WV WI KS MD PA TN VA X X THE ASSOCIATION 2025806560 1720 N STREET NW WASHINGTON DC 200362907 DANIELLE MATHISON VICE CHAIR 3.00 X X 0 0 0 RAHSAAN HARRIS CHAIR 6.00 X X 0 0 0 NINA COHEN VICE CHAIR 6.00 X X 0 0 0 RICHARD RIBEIRO TREASURER 6.00 X X 0 0 0 CAROL GALLO MEMBER 3.00 X 0 0 0 TAYLOR GRAY MEMBER 3.00 X 0 0 0 ELIOT GREEN MEMBER AND OFFICER AT LARGE 3.00 X 0 0 0 ANGELA HULT MEMBER 3.00 X 0 0 0 DEBRA MONIZ MEMBER AND OFFICER AT LARGE 3.00 X 0 0 0 JENNIFER OERTEL MEMBER 3.00 X 0 0 0 COURTNEY RICE SECRETARY 6.00 X X 0 0 0 SANDRA SWIRSKI MEMBER 3.00 X 0 0 0 DIANA BUCCO MEMBER 3.00 X 0 0 0 TOYA GRAHAM MEMBER 3.00 X 0 0 0 JENNA WACHTMANN MEMBER 3.00 X 0 0 0 PAUL D DAUGHERTY CEO 50.00 X 347906 0 14106 AFIA AMOBEAA-SAKYI DIRECTOR, EQUITY AND INCLU 40.00 X 111750 0 12132 ANDY CARROLL SENIOR ADVISOR 40.00 X 106518 0 11271 SERENITY GREENFIELD SENIOR DIRECTOR, RRR 40.00 X 132227 0 9924 LAUREN KOTKIN SENIOR DIRECTOR, EDUCATION 40.00 X 122575 0 17874 820976 0 65307 5 0 1 0 0 955851 955851 MEMBERSHIP DUES 900099 1259965 1259965 REGISTRATION FEES 900099 615625 615625 SUSTAINING PARTNER FEE 900099 259011 259011 PUBLICATION SALES 900099 41931 41931 ADVERTISING 541800 4500 4500 2181032 146933 146933 99677 99677 78798 0 78798 78798 78798 OTHER REVENUE 900099 8604 8604 8604 3470895 2185136 4500 325408 X 362013 181007 90503 90503 1209643 906003 173507 130133 53485 38568 8310 6607 180836 126631 29710 24495 112922 78297 18885 15740 1207 1207 163608 163608 565484 406254 16817 142413 143230 76039 14451 52740 11060 5687 1010 4363 253377 175101 43074 35202 31501 26734 1458 3309 530842 525235 3207 2400 12520 10050 1359 1111 TEMPORARY HELP 38769 26881 6484 5404 DUES AND PUBLICATIONS 33452 15618 1793 16041 MISCELLANEOUS 3457 2388 588 481 3707406 2600493 575971 530942 67612 136142 520784 297815 62000 264265 146750 131427 51580 60835 214151 214151 0 0 3302618 2976948 999935 211594 5151279 4079026 147972 58927 850897 875276 998869 934203 X 2950790 2521754 1201620 623069 4152410 3144823 5151279 4079026 -236511 17265 -788341 0 X X 0 1 X 1 0 X 616359 889906 3395476 438059 955851 6295651 2162747 1580322 1704177 1976744 2134601 9558591 2779106 2470228 5099653 2414803 3090452 15854242 72666 200000 50000 191668 514334 0 72666 200000 50000 191668 514334 15339908 352269 304197 228202 226520 325408 1436596 352269 304197 228202 226520 325408 1436596 5205 4500 9705 1486 8604 10090 3131375 2774425 5327855 2648014 3428964 17310633 0.88620 0.88850 0.08300 0.08100 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2022 AMOUNT: $ 1,486. 2023 AMOUNT: $ 8,604. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3711768 3711768 335588 83897 0 0 306155 296388 344636 335588 1282767 1924151 76539 74097 86159 83897 320692 481038 52137 52137 0 15295 15295 0 146719 146719 0 0 CERTIFICATES OF DEPOSIT 2976948 F 2976948 DONATED OFFICE SPACE RECEIVABLE 207039 SECURITY DEPOSITS 4555 211594 X 2911220 17265 20127 -597067 -559675 3470895 0 3470895 3918807 211401 211401 3707406 0 3707406 PART X, LINE 2: THE ORGANIZATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: IMPAIRMENT OF DONATED SPACE RECEIVABLE -597,067. X X X X X 0 0 0 0 0 0 0 1 0 PAUL D DAUGHERTY CEO 300000 0 0 0 47906 0 7670 0 6436 0 362012 0 0 0 PART I, LINE 7 AFIA AMOBEAA-SAKYI (DIRECTOR OF EQUITY AND INCLUSION), SERENITY GREENFIELD (SENIOR DIRECTOR, RRR), AND LAUREN KOTKIN (SENIOR DIRECTOR OF EDUCATION) ALL RECEIVED BONUSES BASED ON PERFORMANCE. FORM 990, PART III, LINE 1: THE STRONG DESIRE FOR BETTER OUTCOMES. WE WERE FOUNDED IN 1995 AS THE ASSOCIATION OF SMALL FOUNDATIONS, BY A GROUP OF SMALL-STAFFED FOUNDATION LEADERS WHO RECOGNIZED THEIR OWN UNIQUE NEEDS AND THE BENEFITS OF COMING TOGETHER WITH OTHERS LIKE THEMSELVES FOR LEARNING AND INFORMATION SHARING. THE FOUNDERS GROUNDED OUR COMMUNITY IN THE FOLLOWING VALUES: RELATIONSHIPS COME FIRST, ONE SIZE DOES NOT FIT ALL, LEARNING IS A LIFE LONG JOURNEY, QUALITY IS ESSENTIAL, AND INSPIRATION COMES FROM OUR COLLECTIVE IMPACT. IN 2014 WE EXPANDED OUR FOCUS BEYOND FOUNDATIONS AND REBRANDED TO EXPONENT PHILANTHROPY, AND NOW SERVE ALL TYPES OF FUNDERS WHO PRACTICE PHILANTHROPY WITH FEW OR NO STAFF. OUR MISSION IS TO AMPLIFY AND INCREASE THE IMPACT OF LEAN FUNDERS BY BUILDING AN INCLUSIVE COMMUNITY WHERE THEY CAN LEARN, CONNECT, AND COLLABORATE. MEMBERS CONNECT WITH EXPERTS AND PEERS IN THE FIELD THROUGH HIGH-QUALITY PROGRAMS, RESOURCES, AND DISCUSSIONS DESIGNED SPECIFICALLY FOR FOUNDATIONS WITH FEW OR NO STAFF, PHILANTHROPIC FAMILIES, AND INDIVIDUAL DONORS. FORM 990, PART VI, SECTION A, LINE 6 ALL MEMBERS HAVE VOTING RIGHTS, WITH EACH ORGANIZATIONAL OR INDIVIDUAL MEMBER HAVING ONE VOTE. THE GOVERNING BODY, THE BOARD OF DIRECTORS, IS ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE VOTING RIGHTS, WITH EACH ORGANIZATIONAL OR INDIVIDUAL MEMBER HAVING ONE VOTE. THE GOVERNING BODY IS ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE ASSOCIATION'S STAFF AND BOARD REVIEW THE FORM 990, PRIOR TO FILING, CAREFULLY TO ENSURE ITS COMPLETENESS AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 12C ASSOCIATION STAFF AND BOARD MEMBERS ARE REQUIRED ANNUALLY TO READ THE CONFLICT OF INTEREST POLICY AND AFFIRM THEIR COMPLIANCE IN WRITING. MATTERS OF CONFLICT ARE ADDRESSED INDIVIDUALLY BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE, WHICH IS ALSO THE COMPENSATION COMMITTEE, REVIEWS COMPENSATION DATA ON A YEARLY BASIS AND ESTABLISHES THE CEO'S CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 WE POST OUR FINANCIAL STATEMENTS, 990 FORMS, 1023 FORM AND IRS DETERMINATION LETTER ON OUR WEBSITE, FREELY AVAILABLE FOR DOWNLOADING. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 406,254. MANAGEMENT AND GENERAL EXPENSES 16,817. FUNDRAISING EXPENSES 142,413. TOTAL EXPENSES 565,484. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.