PREVAIL FUND: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PREVAIL FUND (EIN 87-2372523)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-04
- IRS object ID
- 202423099349100427
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-04T10:34:23-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873231666 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 872372523 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PREVAIL FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PREV | BusinessNameControlTxt |
| Phone | 2062768813 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 WALNUT STREET 2ND FLOOR | AddressLine1Txt |
| City | NEWTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02461 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID HYLDEN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2062768813 | PhoneNum |
| Signature | 2024-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANAN SAMARA | PreparerPersonNm |
| PTIN | P02103452 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2024-11-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,361,230 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $12,075,137 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $362 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $362 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,081 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,081 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $0 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,569,569 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,569,569 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $12,081,580 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,576,012 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $173,774 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $173,774 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $565,719 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $565,719 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $48,077 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $43,654 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $50,836 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $47,251 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,981 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,800 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,064,422 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,052,833 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $52,131 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $46,091 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $95,347 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $128,757 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,090,287 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,068,879 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,295,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,295,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,385,287 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,363,879 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,696,293 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,576,012 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $450,500 | CashBOYAmt |
| Cash EOY | $1,633,199 | CashEOYAmt |
| Cash EOYFMV | $1,633,199 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $5,000,462 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,000,462 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $40,741 | AcctRcvblAmt |
| Acct Rcvbl EOY | $40,741 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $40,741 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl | $488,504 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $150,000 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $488,504 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $488,504 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses EOY | $42,929 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $42,929 | PrepaidExpensesEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $155,395 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $155,395 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $600,500 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,361,230 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,361,230 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $42,437 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $22,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64,437 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $500 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,066,578 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $600,000 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $1,230,215 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $600,500 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,296,793 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $600,500 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,361,230 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $600,500 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,696,293 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $7,296,793 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,296,793 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 51,000 SHARES OF SAMSARA, INC (IOT) | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Acquired | 2023-06-13 | AcquiredDt |
| Sold | 2023-06-16 | SoldDt |
| Gross Sales Price | $1,569,569 | GrossSalesPriceAmt |
| Gain Or Loss | $1,569,569 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,569,569 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,569,569 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,907 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,907 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,907 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,048 | EsPenaltyAmt |
| Tax Due | $22,955 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2062768813 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 WALNUT STREET 2ND FLOOR | AddressLine1Txt |
| City | NEWTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02461 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ANDREW YOUN | ||||||||
| 1150 WALNUT STREET 2ND FLOOR | NEWTON | MA | 02461 | BOARD CHAIR | 2.00 | $0 | $0 | $0 |
| DAVID HYLDEN | ||||||||
| 1150 WALNUT STREET 2ND FLOOR | NEWTON | MA | 02461 | TREASURER | 40.00 | $64,856 | $0 | $0 |
| RORY FENTON | ||||||||
| 1150 WALNUT STREET 2ND FLOOR | NEWTON | MA | 02461 | SECRETARY | 40.00 | $108,918 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| COLM O'FLYNN | ||||||||
| 1150 WALNUT STREET 2ND FLOOR | NEWTON | MA | 02461 | DIRECTOR | 40.00 | $150,334 | $3,650 | $0 |
| ANKIT ARORA | ||||||||
| 1150 WALNUT STREET 2ND FLOOR | NEWTON | MA | 02461 | ASSOC. DIRECTOR, EDU | 40.00 | $100,474 | $720 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | Address Line2ForeignAddress/AddressLine2Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THE BRIDGESPAN GROUP | |||||||||||
| TWO COPLEY PLACE SUITE 3700B | BOSTON | MA | 02116 | FUNDRAISING CONSULTING | $300,000 | ||||||
| EDUCATIONAL INITIATIVES PRIVATE LIMITED | |||||||||||
| PROGRAM IMPLEMENTATION | $249,431 | THE FIRST BUILDING CORPORATE HOUSE | A2 1ST FLOOR | NYAY MARG VASTRAPUR AHMED | GUJARAT | IN | 380015 | ||||
| MOTT MACDONALD LIMITED | |||||||||||
| PROGRAM IMPACT ASSESSMENT | $217,201 | MOTT MACDONALD HOUSE 8-10 SYDENHAM | ROAD | CROYDON | UK | CR0 2EE | |||||
| OUTLINE INDIA RESEARCH PRIVATE LTD | |||||||||||
| PROGRAM IMPACT ASSESSMENT | $110,829 | 4101 FIRST FLOOR DLF PHASE- IV DLF | GALLERIA RD | GURUGRAM | HARYANA | IN | 122002 | ||||
| GIULIA ZINO | |||||||||||
| FUNDRAISING CONSULTING | $85,796 | MIKHEILI TSINAMDZGHVRISHVILI STREET | N 55 | TBILISI | GG | 0101 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDE RESOURCES AND EXPERTISE TO STRENGTHEN OUR PARTNER ORGANIZATIONS, HELPING THEM TO DELIVER STRONGER IMPACTS FOR CHILDREN AT SCALE. | Description1Txt |
| Expenses1 | $460,448 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,434,009 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,434,009 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,434,009 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $66,510 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,367,499 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $218,375 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $218,375 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,907 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,907 | TotalTaxAmt |
| Distributable Before Adj | $196,468 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $196,468 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $196,468 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,363,879 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,363,879 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $196,468 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,621 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,363,879 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,621 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $196,468 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,162,790 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,162,790 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,162,790 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $5,162,790 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Address Line2RecipientForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CENTRAL SQUARE FOUNDATION | ||||||||||||
| 12 AMRITA SHERGILL MARG | NEW DELHI | IN | 110003 | N/A | PC | SUPPORT STATE PROJECT MANAGEMENT UNITS IN EXECUTING FOUNDATIONAL LITERACY AND NUMERACY (FLN) PROGRAMS FOR PRIMARY SCHOOL STUDENTS IN INDIA. | $250,000 | |||||
| CENTRAL SQUARE FOUNDATION | ||||||||||||
| 12 AMRITA SHERGILL MARG | NEW DELHI | IN | 110003 | N/A | PC | SUPPORT STATE PROJECT MANAGEMENT UNITS IN EXECUTING FOUNDATIONAL LITERACY AND NUMERACY (FLN) PROGRAMS FOR PRIMARY SCHOOL STUDENTS IN INDIA. | $100,000 | |||||
| CLINTON HEALTH ACCESS INITIATIVE | ||||||||||||
| N/A | PC | CLEAN COOLING PROGRAM | $100,000 | 383 DORCHESTER AVE STE 400 | BOSTON | MA | 02127 | |||||
| EIDU | ||||||||||||
| PEPONI GARDENS PEPONI ROAD PO BOX | NAIROBI | KE | 00100 | N/A | PC | IMPROVE FOUNDATIONAL LITERACY AND NUMERACY INITIATIVES IN KENYA THROUGH THE EXPANSION AND IMPLEMENTATION OF THE EIDU PLATFORM. | $250,000 | 992 | ||||
| IMAGINE WORLDWIDE | ||||||||||||
| N/A | PC | IMPROVE THE ORGANIZATIONS CAPACITY TO DISTRIBUTE, INSTALL, AND MONITOR AFFORDABLE TABLETS FOR THE PURPOSES OF IMPROVING STUDENTS LITERACY FLUENCY IN MALAWI. | $250,000 | 1080 EDGEWOOD AVE | MILL VALLEY | CA | 94941 | |||||
| LANGUAGE AND LEARNING FOUNDATION | ||||||||||||
| 1ST FLOOR PLOT NO 8 BALAJI ESTATE | NEW DELHI | IN | 110019 | N/A | PC | IMPROVE STUDENT FLN OUTCOMES AT SCALE THROUGH THE STRUCUTRED PEDAGOGY PROGRAM IN INDIA | $845,000 | |||||
| RISING INTERNATIONAL EDUCATION AND LEARNING LIMITED | ||||||||||||
| 5TH FLOOR NEXSKY BUILDING | CYBERCITY | MP | 72201 | N/A | NC | TO SUPPORT FOUNDATIONAL LITERACY AND NUMERACY SKILLS, INCLUDING IMPLEMENTATION MATERIALS, FOR PRIMARY-AGE STUDENTS IN SIERRA LEONE | $250,000 | |||||
| ROOM TO READ | ||||||||||||
| N/A | PC | SCALE UP STRUCTURED PEDAGOGY PROGRAM IN INDIA | $1,000,000 | 465 CALIFORNIA STREET SUITE 1000 | SAN FRANCISCO | CA | 94104 | |||||
| YOUTH IMPACT | ||||||||||||
| N/A | PC | IMPROVE THE ORGANIZATIONS CAPACITY TO IMPROVE STUDENTS NUMERACY AND LITERACY FLUENCY IN BOTSWANA. | $250,000 | 2028 E BEN WHITE BLVD STE 240-3760 | AUSTIN | TX | 78741 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,295,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $362 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,081 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,443 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,443 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd | Address Line1ContributorForeignAddress/AddressLine1Txt | CityContributorForeignAddress/CityNm | CountryContributorForeignAddress/CountryCd | Foreign PostalContributorForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ONE ACRE FUND | |||||||||||
| 1 | 2070 GREEN BAY ROAD SUITE 183 | HIGHLAND PARK | IL | 60035 | $17,064 | Yes (X) | |||||
| CLIFF FREY | |||||||||||
| 2 | 926 SHOTWELL STREET | SAN FRANCISCO | CA | 94110 | $1,569,569 | Yes (X) | |||||
| FOLLOW YOUR DREAMS | |||||||||||
| 3 | 266 WEST 37TH STREET STE 803 | NEW YORK | NY | 10018 | $5,000,000 | Yes (X) | |||||
| CANVA FOUNDATION | |||||||||||
| 4 | $5,000,000 | Yes (X) | 110 KIPPAX ST | SURRY HILLS | AS | NSW, 2010 | |||||
| PARTNERS FOR EQUITY | |||||||||||
| 5 | $488,504 | Yes (X) | 126 WELLINGTON PARADE | EAST MELBOURNE | AS | VIC, 3006 | |||||
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $1,569,569 | FairMarketValueAmt |
| Received | 2023-06-13 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $17,981 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,800 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RISING INTERNATIONAL EDUCATION AND | PersonNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5TH FLOOR NEXSKY BUILDING | AddressLine1Txt |
| City | CYBERCITY | CityNm |
| Country | MP | CountryCd |
| Foreign Postal | 72201 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2023-08-30 | GrantDt |
| Grant | $250,000 | GrantAmt |
| Purpose Of Grant | TO SUPPORT FOUNDATIONAL LITERACY AND NUMERACY SKILLS, INCLUDING IMPLEMENTATION MATERIALS, FOR PRIMARY-AGE STUDENTS IN SIERRA LEONE | PurposeOfGrantTxt |
| Expended By Grantee | $250,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 3/22/2024 | DatesOfReportsByGranteeTxt |
| Results Of Verification | "THE VERIFICATION FOUND THAT RISING USED THE FUNDS AS INTENDED, BASED ON THE FINANCIAL AND NARRATIVE REPORTS PROVIDED BY THE GRANTEE, AND A FIELD VISITED CONDUCTED IN OCTOBER 2023. | ResultsOfVerificationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL COUNSEL | CategoryTxt |
| Legal Fees | $50,836 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $47,251 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID SALARY DEPOSITS | Desc |
| EOY Book Value | $155,395 | EOYBookValueAmt |
| EOYFMV | $155,395 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $1,495 | $0 | $1,794 |
| OFFICE SUPPLIES | $19,668 | $0 | $12,879 |
| EXCHANGE LOSS | $3,817 | $0 | $3,817 |
| COMMUNICATIONS | $44,727 | $0 | $44,727 |
| PAYROLL SERVICE FEE | $25,640 | $0 | $65,540 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $22,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROGRAM ADVISORY FEES | $169,957 | $0 | $167,368 |
| RECRUITMENT | $67,058 | $0 | $67,058 |
| OTHER MISCELLANEOUS SERVICE COST | $407 | $0 | $407 |
| ECOSYSTEM CONSULTING | $5,000 | $0 | $5,000 |
| PROGRAM SERVICE AGREEMENTS | $466,632 | $0 | $466,632 |
| FUNDRAISING ADVISORY | $355,368 | $0 | $346,368 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|
| CLIFF FREY | |||||||
| 926 SHOTWELL STREET | SAN FRANCISCO | CA | 94110 | ||||
| FOLLOW YOUR DREAMS | |||||||
| 266 WEST 37TH STREET STE 803 | NEW YORK | NY | 10018 | ||||
| CANVA FOUNDATION | |||||||
| 110 KIPPAX ST | SURRY HILLS | AS | NSW, 2010 | ||||
| PARTNERS FOR EQUITY | |||||||
| 126 WELLINGTON PARADE | EAST MELBOURNE | AS | VIC, 3006 | ||||
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX PAID | CategoryTxt |
| Amt | $22,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments