2025-05-14T23:19:25-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-07-01 131624235 THE CENTURY FOUNDATION INC CENT 9175123808 ONE WHITEHALL ST 15TH FL NEW YORK NY 100042136 LISA SAHULKA CHIEF OPERATING OFFICER 9175123808 2025-05-14 1 1 MELISSA MODELSON P01603524 9143818900 2025-05-14 2023 2025-03-06 01:10:19Z MARK ZUCKERMAN ONE WHITEHALL ST 15TH FL NEW YORK NY 100042136 25708124 0 X WWW.TCF.ORG X 1919 MA TO CONDUCT RESEARCH, DEVELOP SOLUTIONS, AND DRIVE POLICY CHANGE TO MAKE PEOPLE'S LIVES BETTER. 7 7 86 8 0 0 8074065 6127352 150693 303232 1958366 2140846 7498 5551 10190622 8576981 496243 302231 0 0 8144110 8814725 0 0 610138 2993696 3325571 11634049 12442527 -1443427 -3865546 58694529 61192201 2813582 4197647 55880947 56994554 X THE CENTURY FOUNDATION IS A PROGRESSIVE, INDEPENDENT THINK TANK THAT CONDUCTS RESEARCH, DEVELOPS SOLUTIONS, AND DRIVES POLICY CHANGE TO MAKE PEOPLE'S LIVES BETTER. WE PURSUE ECONOMIC, RACIAL, GENDER, AND DISABILITY EQUITY IN EDUCATION, HEALTH CARE, AND WORKFORCE. THE CENTURY INTERNATIONAL TEAM CONDUCTS POLICY RESEARCH AND MAKES RECOMMENDATIONS THAT BUILD ON THE CENTURY FOUNDATION'S HISTORICAL COMMITMENT TO INTERNATIONAL PEACE AND SECURITY. 0 0 2341249 302231 303232 ECONOMIC OPPORTUNITY:POWERFUL INTERESTS HAVE TURNED THE ECONOMY AGAINST ORDINARY PEOPLE. THE NATION'S ECONOMIC POLICIES - OR LACK THEREOF - DIRECTLY CONTRIBUTE TO RECORD HIGH INEQUALITY AND MAKE IT NEARLY IMPOSSIBLE FOR VULNERABLE COMMUNITIES TO GET BY, LET ALONE GET AHEAD. TCF FIGHTS TO ENSURE THAT EVERYONE, REGARDLESS OF RACIAL, GENDER, AND DISABILITY JUSTICE ACROSS OUR ECONOMY, BENEFITS FROM EFFORTS TO STRENGTHEN THE SOCIAL SAFETY NET TO BUILD AN ECONOMY THAT VALUES CARE WORK AND PROVIDES ECONOMIC OPPORTUNITY FOR ALL. 2069472 0 0 HIGHER EDUCATION:HIGHER EDUCATION IS KEY TO UPWARD MOBILITY, YET OUR CURRENT SYSTEM IS RIDDLED WITH INEQUITIES, SKYROCKETING COSTS, AND ANTI-CONSUMER BEHAVIOR. TCF WORKS TO HOLD PREDATORY COLLEGES ACCOUNTABLE, LOWER TUITION COSTS AND EXPAND FINANCIAL AID, AND MAKE OUR CAMPUSES MORE AFFORDABLE AND ACCESSIBLE. 1665212 0 0 PK-12 EDUCATION:EDUCATION IS THE BEDROCK OF AMERICAN DEMOCRACY: IT'S ONE OF THE MOST POWERFUL TOOLS WE HAVE TO GIVE EVERYONE AN OPPORTUNITY TO SUCCEED. BUT TODAY, OUR SCHOOLS FROM PRE-K TO HIGH SCHOOL DON'T DELIVER ON THAT PROMISE. TCF WORKS TO CHANGE THAT, SO THAT EVERY CHILD, NO MATTER THEIR BACKGROUND, HAS ACCESS TO A HIGH-QUALITY EDUCATION. 1133508 0 0 NEXT100:NEXT100 IS A PROGRAM BUILT FOR A NEW BRAND OF POLICY LEADERS, WORKING ON THE ISSUES THAT MATTER MOST TO THE NEXT GENERATION.THE NEXT GENERATION LIVES AND BREATHES THE ISSUES DRIVING THE PROGRESSIVE MOVEMENT FORWARD, AND BECAUSE OF THIS, THEY'RE IN A UNIQUE POSITION TO SHAPE THE FUTURE. NEXT100, AN INNOVATIVE PROGRAM WHERE ASPIRING LEADERS CAN ENACT POLICY SOLUTIONS THAT WILL IMPACT NOT ONLY THIS GENERATION, BUT ALL GENERATIONS THAT FOLLOW. 1039332 0 0 HEALTH CARE:THE AMERICAN HEALTH CARE SYSTEM IS BESET WITH INEQUALITIES THAT HAVE A DISPROPORTIONATE IMPACT ON PEOPLE OF COLOR, PEOPLE WITH LOW INCOMES, AND OTHER OPPRESSED GROUPS. TCF'S HEALTH CARE TEAM WORKS TO ADVANCE A TRULY UNIVERSAL, AFFORDABLE, AND HIGH-QUALITY HEALTH CARE SYSTEM THAT ADDRESSES ECONOMIC, RACIAL, AND GENDER DISPARITIES. 2046802 0 0 OTHER PROGRAMS (CROSS TEAMS, CENTURY INTERNATIONAL, COMMUNICATION AND EDITORIAL AND OTHERS) 4219642 0 0 10295575 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 54 0 86 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WV WI X X LISA A SAHULKA COO 9175123806 ONE WHITEHALL ST 15TH FL NEW YORK NY 100042136 BRADLEY ABELOW CHAIR 5.00 X X 0 0 0 HEATHER HOWARD SECRETARY 5.00 X X 0 0 0 DAMON A SILVERS TREASURER 5.00 X X 0 0 0 JONATHAN ALTER TRUSTEE 1.00 X 0 0 0 JACOB HACKER TRUSTEE 1.00 X 0 0 0 MELISSA HARRIS-PERRY TRUSTEE 1.00 X 0 0 0 JOHN B KING JR TRUSTEE THRU DEC 2023 1.00 X 0 0 0 AISHA MILLS TRUSTEE 1.00 X 0 0 0 MARK ZUCKERMAN PRESIDENT 40.00 X 362500 0 19148 LISA SAHULKA CHIEF OPERATING OFFICER 40.00 X 266073 0 42182 ISHMEET SAHNI VICE PRESIDENT OF DEVELOPMENT 40.00 X 211703 0 33665 LUCY MUIRHEAD CHIEF STRATEGY OFFICER 40.00 X 175260 0 28281 STEPHAN LALLINGER EXECUTIVE DIRECTOR OF NEXT100 40.00 X 190041 0 59816 EMILY MCGRATH DIRECTOR OF WORKFORCE POLICY 40.00 X 173051 0 7778 JULIE P KASHEN SENIOR FELLOW & DIRECTOR, WOMEN'S ECONOMIC JUSTICE 40.00 X 172362 0 12314 1550990 0 203184 27 0 1 0 OFFIT CAPITAL 485 LEXINGTON AVENUE 24TH FLOOR NEW YORK NY 10017 INVESTMENT ADVISORY 177884 WATERSHED STRATEGIES INC 1250 CONNECTICUT AVE NW SUITE 700 WASHINGTON DC 20026 STRATEGIC COMMUNICATIONS 135000 2 39900 6087452 6127352 SERVICE FEE INCOME 900099 303232 303232 303232 558073 558073 5535 5535 33000 33000 0 18680916 17098143 1582773 1582773 1582773 OTHER REVENUE 900099 16 16 16 8576981 303232 0 2146397 267698 267698 34533 34533 724026 368565 355461 6279087 5453548 345110 480429 292563 254742 15293 22528 751503 637674 60119 53710 767546 640437 74014 53095 45134 42484 2650 54600 51395 3205 228271 228271 871330 819598 51356 376 127565 102813 24752 160320 119337 40983 209062 167250 41812 956510 787141 169369 178233 71841 106392 335765 335765 32942 26353 6589 40252 32202 8050 MISC EXPENSE 63255 59867 3388 REPAIRS AND MAINTENCE 22332 22332 12442527 10295575 1536814 610138 81741 16572 1116061 3163372 2593288 1938396 20000 0 84900 25686 894093 696745 134486 197348 25384750 25414760 27435495 27433389 1843808 3002678 58694529 61192201 746653 798116 2066929 3399531 2813582 4197647 X 50050496 51750817 5830451 5243737 55880947 56994554 58694529 61192201 X -3865546 5026369 -47216 X X 0 1 X 1 0 X 4809464 5552710 5968416 8025304 6127352 30483246 4809464 5552710 5968416 8025304 6127352 30483246 13367948 17115298 943258 1117782 1532069 921723 596608 5111440 28 4 16 48 35594734 686808 0.48080 0.44510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 28. 2022 AMOUNT: $ 4. 2023 AMOUNT: $ 16. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 16094 0 0 16094 0 PART II-B, LINE 1: AMOUNTS REPORTED ON LINE 1G REPRESENTS EMPLOYEES TIME SPENT LOBBYING FOR HIGHER EDUCATION; EDUCATION K-12; CRIMINAL REFORM; BLACK MATERNAL HEALTHCARE; WOMEN'S ECONOMIC JUSTICE; AND MANUFACTURING/JOBS PLAN DURING THE YEAR AT FEDERAL AND STATE LEVELS. 492099 318349 173750 380794 378396 2398 21200 21200 197348 HEDGE FUNDS 12301357 F PRIVATE EQUITY 13403895 F LIMITED PARTNERSHIPS 1728137 F 27433389 LEASE LIABILITIES, OPERATING LEASES 3399531 3399531 X 13366484 5026369 7166 33000 5066535 8299949 228271 48761 277032 8576981 12252877 7166 33000 40166 12212711 228271 1545 229816 12442527 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII, LINE 6B 33,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: RETURN OF UPSENT GRANT FUNDS 48,761. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII, LINE 6B 33,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: REFUND OF GRANTS 1,545. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 18149920 0 0 0 0 0 0 18149920 0 18149920 1 0 1 1 1 0 PART IV, LINE 3 AND LINE 4: THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 5471 AND 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD FOR OWNERSHIP OR OTHER FILING REQUIREMENTS. PART IV, LINE 1 AND LINE 5: THE ORGANIZATION IS REQUIRED TO FILE FORMS 8865 AND 926 BECAUSE IT DOES MEET THE APPLICABLE THRESHOLD FOR OWNERSHIP AND OTHER FILING REQUIREMENTS. 1 URBAN MANUFACTURING ALLIANCE INC 1216 BROADWAY FL2 NEW YORK NY 10001 472847445 501(C)(3) 100000 0 PROGRAM SUPPORT - ECONOMY AND JOBS PHILADELPHIA LEGAL ASSISTANCE INC 718 ARCH STREET SUITE 300N PHLADELPHIA PA 19106 232823744 501(C)(3) 97000 0 PROGRAM SUPPORT - ECONOMY AND JOBS ANCIENT SONG INC 521 HALSEY STREET BROOKLYN NY 11233 934796252 501(C)(3) 40000 0 PROGRAM SUPPORT - ECONOMY AND JOBS AUTISTIC WOMEN & NONBINARY NETWORK 5100 VAN DORN ST LINCOLN NE 68506 275133111 501(C)(3) 12500 0 PROGRAM SUPPORT - ECONOMY AND JOBS COMMUNITY NETWORKING RESOURCES INC PO BOX 7788 ALBUQUERQUE NM 87194 850437704 501(C)(3) 10000 0 BERLE ENVIRONMENTAL INTEGRITY AWARD 5 0 BERLE AWARD 1 10000 SUBGRANT AWARD 1 24533 PART I, LINE 2: SUBGRANTS ARE FUNDED BY EXTERNAL GRANTS AND RECIPIENTS ARE CHOSEN IN CONJUNCTION WITH THE EXTERNAL FUNDER TO FURTHER THE GOALS OF THE PROJECT/PROGRAM. SIGNED AGREEMENTS INDICATE GRANT PERIOD, SCOPE OF WORK, AND OTHER DELIVERABLES SUCH AS PUBLICATIONS AND CONVENINGS. AS FISCAL SPONSOR, THE CENTURY FOUNDATION RESERVES THE RIGHT TO INSPECT THE SUBGRANTEE'S RECORDS AND EVALUATE OPERATIONS UNDER THE GRANT TERMS; AND RECEIVE INTERIM/FINAL REPORTS AS SCHEDULED. TCF'S PRESIDENT EVALUATES PROGRAM PERFORMANCE BY READING AND REVIEWING REPORTS, BY REVIEWING QUALITY, EFFECTIVENESS, LIKELIHOOD TO ACHIEVE IMPACT OF WORK PRODUCTS, BY ENSURING CROSS COLLABORATION, AND BY ENSURING THAT WE MEET KEY OBJECTIVES OF THE PROGRAM. REGULAR DETAILED REPORTING IS CONDUCTED BY TCF'S DEVELOPMENT TEAM, TOGETHER WITH PROJECT LEADS, UNDER THE DIRECTION OF COO LISA SAHULKA. PROGRAM LEADS ARE RESPONSIBLE FOR COLLATING PROGRAM DATA. PROGRAM PERFORMANCE IS MONITORED AND EVALUATED BY PRESIDENT, MARK ZUCKERMAN, WITH THE ASSISTANCE OF THE COMMUNICATIONS, EDITING, AND DEVELOPMENT TEAMS. X X X 0 0 0 0 0 0 0 1 0 MARK ZUCKERMAN PRESIDENT 337500 0 25000 0 0 0 18125 0 1023 0 381648 0 0 0 LISA SAHULKA CHIEF OPERATING OFFICER 266073 0 0 0 0 0 13558 0 28624 0 308255 0 0 0 STEPHAN LALLINGER EXECUTIVE DIRECTOR OF NEXT100 190041 0 0 0 0 0 10845 0 48971 0 249857 0 0 0 ISHMEET SAHNI VICE PRESIDENT OF DEVELOPMENT 211703 0 0 0 0 0 10748 0 22917 0 245368 0 0 0 LUCY MUIRHEAD CHIEF STRATEGY OFFICER 172554 0 2706 0 0 0 2788 0 25493 0 203541 0 0 0 JULIE P KASHEN SENIOR FELLOW & DIRECTOR, WOMEN'S ECONOMIC JUSTICE 166362 0 6000 0 0 0 8733 0 3581 0 184676 0 0 0 EMILY MCGRATH DIRECTOR OF WORKFORCE POLICY 132051 0 41000 0 0 0 7133 0 645 0 180829 0 0 0 PART I, LINE 7 CERTAIN EMPLOYEES IN PART VII, SECTION A RECEIVED DISCRETIONARY BONUSES INCLUDED IN THEIR 2023 FORM W-2 DURING THE YEAR. FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION B, LINE 11B THE CENTURY FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY COO AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CENTURY FOUNDATION HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO TRUSTEES, OFFICERS, AND EXECUTIVES. EACH TRUSTEE, OFFICER, AND EXECUTIVE MUST SIGN ANNUALLY AND SUBMIT THE CONFLICT OF INTEREST STATEMENT TO THE BOARD DISCLOSING THEIR AWARENESS OF THE POLICY AND DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. IN THE EVENT THAT AN ACTUAL CONFLICT EXISTS, THE INDIVIDUAL WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DISCUSSIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL THE CONFLICT IS RESOLVED. ANY DISCUSSION REGARDING THE CONFLICT OF INTEREST TRANSACTION IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS, REFLECTING THE CONFLICT OF INTEREST THAT WAS DISCLOSED, THE NAME OF THE INTERESTED PERSON, AND THE FINAL DETERMINATION AND DECISION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY BOARD CHAIR. THE BOARD CHAIR USES COMPARABILITY DATA FROM OTHER FORM 990S OF SIMILARLY SIZED ORGANIZATIONS AND SALARY STUDY FROM THE NONPROFIT TIMES. THE COMPENSATION IS APPROVED BY THE BOARD AND THEIR DECISION IS DOCUMENTED IN THE ORGANIZATION'S PERSONNEL FILES. THE PROCESS WAS LAST UNDERTAKEN IN FY 2023. THE PRESIDENT REVIEWS THE COMPENSATION OF THE COO. THE PRESIDENT USES COMPARABILITY DATA FROM OTHER FORM 990S OF SIMILARLY SIZED ORGANIZATIONS AND SALARY STUDY FROM THE NONPROFIT TIMES TO DETERMINE THE COMPENSATION OF THE COO. THE COMPENSATION OF THE COO IS APPROVED BY THE BOARD AT THE TIME THAT THE BUDGET IS PASSED, AND IS DOCUMENTED IN THE ORGANIZATION'S PERSONNEL FILES. THIS PROCESS WAS LAST UNDERTAKEN IN FY 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: RETURN OF UPSENT GRANT FUNDS -48,761. REFUND OF GRANTS 1,545. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE BOARD OF TRUSTEES MAKES THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.