2024-09-23T19:25:41-05:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 237213592 THE ROOSEVELT INSTITUTE ROOS 2124449130 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 FELICIA J WONG PRESIDENT AND CEO 2124449130 2024-06-24 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-08-08 14:25:15Z FELICIA J WONG 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 16379620 0 X WWW.ROOSEVELTINSTITUTE.ORG X 1987 NY TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY. 16 16 72 16 0 0 10327118 12569976 0 0 6409665 856058 -3030 -211755 16733753 13214279 2781529 247400 0 0 7331128 7744503 74000 0 1144424 3543516 3983350 13730173 11975253 3003580 1239026 35318479 37532512 1589363 831132 33729116 36701380 X SEE SCHEDULE O. 0 0 4578118 105000 THINK TANK: SEE SCHEDULE O. 968561 130000 NETWORK: SEE SCHEDULE O. 633120 12400 FDR LIBRARY: SEE SCHEDULE O. 589993 THE ROOSEVELT SOCIETY: SEE SCHEDULE O. 589993 6769792 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 158 0 1 72 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X KATARINA K DUPLESSY THE ROOSEVELT INSTITUTE 2124449130 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 ANNE ROOSEVELT CHAIR 2.00 X X 0 0 0 DARLA KASHIAN VICE CHAIR/SECRETARY 2.00 X X 0 0 0 DAWN SMALLS TREASURER 2.00 X X 0 0 0 SHARON BLOCK BOARD MEMBER 2.00 X 0 0 0 HENRY HICKS BOARD MEMBER 2.00 X 0 0 0 ABDUL EL-SAYED BOARD MEMBER 2.00 X 0 0 0 KEYONTAY HUMPHRIES BOARD MEMBER 2.00 X 0 0 0 PERRIN IRELAND BOARD MEMBER 2.00 X 0 0 0 NANCY ROOSEVELT IRELAND BOARD MEMBER 2.00 X 0 0 0 JAS JOHL BOARD MEMBER 2.00 X 0 0 0 BRINA MILIKOWSKY BOARD MEMBER 2.00 X 0 0 0 SALLY MINARD BOARD MEMBER 2.00 X 0 0 0 RAJIV NARAYAN BOARD MEMBER 2.00 X 0 0 0 NICHOLAS W ROOSEVELT BOARD MEMBER 2.00 X 0 0 0 RANDI WEINGARTEN BOARD MEMBER 2.00 X 0 0 0 BRIAN WOLFF BOARD MEMBER 2.00 X 0 0 0 WILLIAM HARRIS FDRL DIRECTOR, EX OFFICIO 2.00 X 0 0 0 FELICIA WONG PRESIDENT & CEO, EX OFFICIO 40.00 X X 496765 0 45522 KATARINA DUPLESSY CHIEF FINANCIAL OFFICER 40.00 X 234828 0 40263 MARISSA GUANANJA CHIEF OPERATING OFFICER (TO 12/23) 40.00 X 223173 0 27758 JULIETTE STABLESKI CHIEF DEVELOPMENT OFFICER 40.00 X 203228 0 40871 LISA DEROCHE CHIEF PEOPLE EQUITY OFFICER 40.00 X 228965 0 22045 DEBORAH DUNEVANT SVP COMMUNICATIONS 40.00 X 211131 0 23435 MICHAEL KONCZAL DIR. MACROECONOMIC ANALYSIS 40.00 X 185649 0 20471 SUZANNE KAHN MG DIR. RESEARCH & POLICY 40.00 X 177799 0 19687 SHANNON SMITH MG DIR. FINANCE 40.00 X 171047 0 29613 TODD TUCKER DIR. INDUSTRIAL POLICY AND TRADE 40.00 X 167357 0 7336 2299942 0 277001 10 0 1 0 JEE KIM DBA NEW GRAVITY LLC 3323 HICKOK PLACE BOULDER CO 80301 PROGRAM CONSULTANT FOR THE NARRATIVE PRO 272000 THE KREHELY PROJECT LLC PO BOX 55 PROVINCETOWN MA 02657 STRATEGIC PLANNING, COMMUNICATIONS PLANN 240500 DEEPAK BHARGAVA 1623 3RD AVENUE APT 15D NEW YORK NY 10128 PROGRAMMATIC SUPPORT INCLUDING RESEARCH 207203 ROKK SOLUTIONS LLC 2020 K STREET STE 510 WASHINGTON DC 20006 COMMUNICATION STRATEGY CONSULTANT FOR CR 115000 4 163013 12406963 9388 12569976 706389 706389 3057998 2908329 149669 149669 149669 13260 163013 257012 -243752 -243752 OTHER INCOME 900099 31997 31997 31997 13214279 31997 0 612306 X 100000 100000 142400 142400 5000 5000 1562023 835021 535959 191043 4851395 2593516 1664822 593057 161199 86154 55253 19792 698770 373463 239511 85796 471116 251791 161480 57845 72063 45591 24762 1710 53757 34009 18472 1276 97748 97748 2352828 1488520 808470 55838 14231 14231 81132 33041 33577 14514 133235 84291 45782 3162 564721 319207 181027 64487 217175 161857 33171 22147 120898 112743 8092 63 22004 15523 4779 1702 74717 600 74117 DUES AND SUBSCRIPTIONS 178841 72834 74015 31992 11975253 6769792 4061037 1144424 18100420 17854899 3280270 4284906 107148 178351 162211 146931 37284 15280 12519064 14557295 1274293 641781 35318479 37532512 685312 528729 904051 302403 1589363 831132 X 21783358 24170389 11945758 12530991 33729116 36701380 35318479 37532512 1239026 1733238 0 X 0 1 X 1 0 X 8524735 20854405 14514092 10327118 12569976 66790326 8524735 20854405 14514092 10327118 12569976 66790326 24833814 41956512 403665 106433 24099 276757 706389 1517343 257750 262568 321858 176493 31997 1050666 69358335 0.60490 0.62480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 257,750. 2020 AMOUNT: $ 262,568. 2021 AMOUNT: $ 321,858. 2022 AMOUNT: $ 176,493. 2023 AMOUNT: $ 31,997. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2515 2515 11972738 11975253 748763 187191 0 0 548058 768063 836509 748763 2901393 4352090 27035 23693 10778 2515 64021 137015 192016 209127 187191 725349 1088024 3695 978 0 4673 168591 X X X 0 20089297 9271691 2038232 9384091 22015129 30474311 7924452 -2101811 16207655 20089297 27853596 10404125 1782114 9565524 30474311 16137946 16789420 1072956 6146726 27853596 14217445 6200025 1857785 6137309 16137946 0.43080 0.56920 0 0 69608 58862 10746 31353 28569 2784 61250 59500 1750 15280 CF INST. MULTI-STRATEGY EQUITY FUND 10485071 F CF INST. MULTI-STRATEGY FIXED INCOME 4045118 F CASH RESERVE 27106 F 14557295 OPERATING LEASE LIABILITY 302403 302403 14849769 1733238 1733238 13116531 97748 97748 13214279 11877505 0 11877505 97748 97748 11975253 PART III, LINE 4: THE INSTITUTE'S ARTWORK IS DISPLAYED IN THE FDR LIBRARY'S (FDRL) VISITOR CENTER. THE ARTWORK IS STATED AT THE COST. THE INSTITUTE ALSO HOLDS A COLLECTION OF THE FDR'S AUTOGRAPHS, BOOKS AND DOCUMENTS, WHICH ARE STORED AT THE FDRL. THE COLLECTION IS STATED AT THE APPRAISED VALUE AT THE TIME OF DONATION. PART V, LINE 4: THE INSTITUTE MAINTAINS VARIOUS DONOR-RESTRICTED AND BOARD-DESIGNATED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG-TERM SUPPORT FOR THE CHARITABLE PROGRAMS OF THE INSTITUTE. X X X X 1 NY FFA 176273 163013 13260 51742 205270 176273 163013 13260 51742 205270 257012 -243752 1 THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 615 WEST 131ST STREET MC 8741 NEW YORK NY 10027 135598093 501 (C) (3) 100000 0 2023 GRANT FOR J. STIGLITZ POST DOC 1 NETWORK STIPENDS 58 130000 LIBRARY STIPENDS 5 3800 PART I, LINE 2: FUNDS FROM THIS GRANT WILL SUPPORT RESEARCH AT THE INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA UNIVERSITY LED BY UNIVERSITY PROFESSOR JOSEPH STIGLITZ. PROFESSOR STIGLITZ ANTICIPATES THAT FUNDS WILL BE USED IN CONTINUED SUPPORT OF A POSTDOCTORAL RESEARCHER WHO WILL COORDINATE WITH MEMBERS OF THE ROOSEVELT PROGRAM TO CONDUCT THEORETICAL AND EMPIRICAL RESEARCH ON INTERNAL LABOR MARKETS WITHIN LARGE AND SMALL FIRMS IN THE US AND TO UNDERSTAND THE EFFECT OF THE DOMINANCE OF LARGE FIRMS OVER THE LAST FOUR DECADES ON MEASURES OF INTERNAL WORKER MOBILITY AND WAGES. JOSEPH STIGLITZ WILL CAREFULLY OVERSEE THIS PROJECT AND MONITOR THE WORK OF THE POSTDOCTORAL RESEARCHER X 0 0 0 0 0 0 0 0 0 FELICIA WONG PRESIDENT & CEO, EX OFFICIO 434265 0 62500 0 0 0 11000 0 34522 0 542287 0 0 0 KATARINA DUPLESSY CHIEF FINANCIAL OFFICER 234828 0 0 0 0 0 9634 0 30629 0 275091 0 0 0 LISA DEROCHE CHIEF PEOPLE EQUITY OFFICER 228965 0 0 0 0 0 2392 0 19653 0 251010 0 0 0 MARISSA GUANANJA CHIEF OPERATING OFFICER (TO 12/23) 223173 0 0 0 0 0 8751 0 19007 0 250931 0 0 0 JULIETTE STABLESKI CHIEF DEVELOPMENT OFFICER 203228 0 0 0 0 0 8677 0 32194 0 244099 0 0 0 DEBORAH DUNEVANT SVP COMMUNICATIONS 211131 0 0 0 0 0 8384 0 15051 0 234566 0 0 0 MICHAEL KONCZAL DIR. MACROECONOMIC ANALYSIS 185649 0 0 0 0 0 7610 0 12861 0 206120 0 0 0 SHANNON SMITH MG DIR. FINANCE 171047 0 0 0 0 0 6888 0 22725 0 200660 0 0 0 SUZANNE KAHN MG DIR. RESEARCH & POLICY 177799 0 0 0 0 0 7199 0 12488 0 197486 0 0 0 TODD TUCKER DIR. INDUSTRIAL POLICY AND TRADE 167357 0 0 0 0 0 6681 0 655 0 174693 0 0 0 FORM 990, PART I, LINE 1 THE ROOSEVELT INSTITUTE IS A THINK TANK ADVANCING IDEAS THAT REBALANCE POWER IN OUR ECONOMY AND DEMOCRACY AND BRINGING THE LEGACY OF FRANKLIN AND ELEANOR ROOSEVELT INTO THE 21ST CENTURY. WE INVEST IN INTERGENERATIONAL LEADERS AND EXPERTS WORKING TO CREATE A MORE EQUITABLE, HIGH-CARE, AND LOW-CARBON FUTURE. WE ADVANCE THIS MISSION THROUGH THE WORK OF OUR STAFF, FELLOWS, A NETWORK OF STUDENTS AND ALUMNI, AND OUR PARTNERS AT THE FDR PRESIDENTIAL LIBRARY. FORM 990, PART III, LINE 4A THINK TANK: ROOSEVELT'S ECONOMIC AND SOCIAL POLICY THINK TANK SUPPORTS A DIVERSE SET OF OUTSTANDING THOUGHT LEADERS AS THEY TACKLE THE MOST PRESSING ECONOMIC ISSUES CONFRONTING OUR NATION. OUR INFLUENTIAL REWRITING THE RULES ECONOMIC AGENDA PROVIDES THE GROUNDWORK FOR OUR APPROACH. IT ARGUES THAT INEQUALITY IS A CHOICE DETERMINED BY THE RULES THAT STRUCTURE OUR ECONOMY-AND THESE RULES CAN BE REWRITTEN TO PROMOTE BOTH GROWTH AND SHARED PROSPERITY. OUR RESEARCH AND POLICY NARRATIVE PRIORITIES ARE: MAKING THE CASE THAT A HEALTHIER ECONOMY AND A HEALTHIER DEMOCRACY REQUIRE ALIGNING ECONOMIC AND RACIAL EQUALITY AGENDAS; ILLUMINATING CORPORATE POWER AS A SERIOUS CAUSE OF ECONOMIC DISTORTION AND MISALIGNMENT; MAKING THE CASE THAT WORKER POWER CAN BE A COUNTERVAILING FORCE TO CORPORATE POWER; EXPOSING THE ROLE OF STRUCTURAL DISCRIMINATION IN DRIVING UNEQUAL OUTCOMES; AND DEVELOPING PROACTIVE RESPONSES TO THE RAPIDLY CHANGING NATURE OF OUR ECONOMY. THROUGH STRATEGIC COMMUNICATIONS AND DEEP PARTNERSHIPS, WE BOTH AMPLIFY OUR WORK AND ENSURE IT IS USEFUL TO POLICYMAKERS AND ADVOCATES THROUGHOUT THE FIELD. FORM 990, PART III, LINE 4B NETWORK: THE ROOSEVELT NETWORK DEVELOPS AND SUPPORTS UNDERGRADUATE COLLEGE STUDENTS AND EARLY CAREER PROFESSIONALS - IN PARTICULAR, THOSE WHO HOLD IDENTITIES HISTORICALLY DENIED POLITICAL POWER - TO BE THE NEXT GENERATION OF LEADERS IN THE PROGRESSIVE POLICY ECOSYSTEM. FORM 990, PART III, LINE 4C FDR LIBRARY: THE ROOSEVELT INSTITUTE PROVIDED PROGRAM SUPPORT TO THE FRANKLIN D. ROOSEVELT PRESIDENTIAL LIBRARY AND MUSEUM, LOCATED IN HYDE PARK, NEW YORK. THE INSTITUTE PROVIDES FUNDING IN SUPPORT OF THE LIBRARY'S EDUCATIONAL AND PUBLIC PROGRAMS, AS WELL AS PERMANENT AND TEMPORARY EXHIBITS, WHICH ARE VISITED BY APPROXIMATELY 151,000 GUESTS PER YEAR. FORM 990 PART III, LINE 4D ROOSEVELT SOCIETY: THE ROOSEVELT SOCIETY IS A PROJECT OF THE ROOSEVELT INSTITUTE COMPRISING A COMMUNITY OF PEOPLE WITH A PRO-EQUITY WORLDVIEW ADVANCING AN ECONOMY AND DEMOCRACY THAT ARE MORE PROGRESSIVE, MORE INCLUSIVE, AND MORE JUST. IT BRINGS TOGETHER THE ROOSEVELT NETWORK WHICH SUPPORTS AND TRAINS UNDERGRADUATE COLLEGE STUDENTS AND EARLY CAREER PROFESSIONALS, OUR ROOSEVELT INSTITUTE FELLOWS, AND OUR COMMUNITY OF PROGRESSIVE ECONOMIC ACADEMICS, POLITICAL STAFFERS AND APPOINTEES, FELLOW THINK TANKS, AND PHILANTHROPIC ALLIES UNDER ONE ROOF. THE ROOSEVELT SOCIETY OFFERS PROGRAMS, EVENTS, AND NETWORKING OPPORTUNITIES TO HELP BUILD POWER FOR OUR PEOPLE AND OUR WORLDVIEW. FORM 990, PART VI, SECTION A, LINE 2 ANNA ELEANOR ROOSEVELT, NICHOLAS W. ROOSEVELT, NANCY ROOSEVELT IRELAND AND PERRIN IRELAND HAVE A FAMILY RELATION. FORM 990, PART VI, SECTION B, LINE 11B 1. THE 990 FORM TAX RETURN IS PREPARED BY THE INSTITUTE'S INDEPENDENT AUDITORS IN COLLABORATION WITH THE INSTITUTE'S FINANCE DEPARTMENT. 2. THE DRAFT OF THE TAX RETURN IS FIRST REVIEWED BY THE CFO AND CAO/CONTROLLER, WHO PROPOSE AND DISCUSS EDITS WITH THE INDEPENDENT AUDITORS. 3. NEXT, THE DRAFT OF THE TAX RETURN IS SUBMITTED TO THE AUDIT COMMITTEE. 4. THE AUDIT COMMITTEE REVIEWS THE DRAFT OF THE TAX RETURN AND EITHER RECOMMENDS REVISIONS OR APPROVES THE DRAFT. 5. NEXT, THE APPROVED DRAFT OF THE TAX RETURN IS SHARED WITH THE ENTIRE BOARD OF DIRECTORS. 6. THE BOARD OF DIRECTORS HAVE 10-14 DAYS TO REVIEW THE FINAL DRAFT OF THE TAX RETURN AND SEND QUESTIONS OR REVISIONS. 7. AFTER THE REVIEW PERIOD ENDS, THE CFO REQUESTS THE FINAL TAX RETURNS FROM THE INDEPENDENT AUDITORS. 8. THE FINANCE TEAM FILES THE TAX RETURNS AS SOON AS POSSIBLE AFTER THE END OF THE REVIEW PERIOD. FORM 990, PART VI, SECTION B, LINE 12C 1. EACH YEAR, IN DECEMBER, THE OFFICE OF THE PRESIDENT AND CEO DISTRIBUTES CONFLICT OF INTEREST FORMS TO ALL DIRECTORS OF THE BOARD. 2. DIRECTORS COMPLETE THE FORMS AND DISCLOSE CONFLICT OF INTEREST AS APPROPRIATE. 3. DIRECTORS RETURN SIGNED FORMS TO THE OFFICE OF THE PRESIDENT AND CEO. 4. THE FORMS ARE SCANNED AND ELECTRONIC COPIES ARE RETAINED IN THE BOARD FILES. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, IN DECEMBER, THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE OF THE BOARD REVIEW THE EXECUTIVE COMPENSATION, TAKING INTO CONSIDERATION THE ACCOMPLISHMENTS AND THE ANNUAL BUDGET. AT THE END OF THE REVIEW, THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE DECIDE ON THE ANNUAL SALARY AND BONUS FOR THE PRESIDENT AND CEO. THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE SHARE THE EVALUATION OF THE PRESIDENT AND CEO'S PERFORMANCE, ANNUAL SALARY AND BONUS DECISIONS WITH THE BOARD OF DIRECTORS IN A CLOSED SESSION. THE BOARD OF DIRECTORS REVIEWS THE PROPOSED SALARY AND BONUS AND MAKES THE FINAL DECISION. THE CHAIR OF THE BOARD COMMUNICATES THE FINAL DECISION ABOUT ANNUAL SALARY AND BONUS TO THE PRESIDENT AND CEO, AND THE CFO. THE DECISION IS FILED IN THE PRESIDENT AND CEO'S PERSONNEL FOLDER. THE CFO IS RESPONSIBLE FOR REFLECTING THE APPROVED SALARIES IN THE ANNUAL BUDGET AND FOR PROCESSING THE APPROVED BONUS. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON-LINE WITH GUIDESTAR. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 1,488,520. MANAGEMENT AND GENERAL EXPENSES 808,470. FUNDRAISING EXPENSES 55,838. TOTAL EXPENSES 2,352,828.