2023-05-10T15:11:41-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-01-01 743158155 PEAK GRANTMAKING INC PEAK 8884661996 1701 PENNSYLVANIA AVE NW 200 WASHINGTON DC 20006 DOLORES ESTRADA CHIEF OPERATING OFFICER 8884661996 2023-05-10 1 DOLORES ESTRADA 999009999 0 EVA MRUK P00543254 2122862600 2023-05-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SATONYA FAIR JD 1701 PENNSYLVANIA AVE NW 200 WASHINGTON DC 20006 4293977 0 X PEAKGRANTMAKING.ORG X 2005 DE TRANSFORMING PHILANTHROPY BY OPERATIONALIZING EQUITY-CENTERED, VALUES-DRIVEN GRANTMAKING. 16 16 16 383 0 0 5302823 3350330 895591 913297 19876 27736 4053 2614 6222343 4293977 0 0 0 0 1628575 2028549 0 0 226321 1660380 1432447 3288955 3460996 2933388 832981 5159173 5927282 286144 477343 4873029 5449939 X TRANSFORMING PHILANTHROPY BY ELEVATING THE FIELD OF GRANTS MANAGEMENT AND EMPOWERING GRANTS MANAGEMENT PROFESSIONALS TO LEAD THE WAY IN OPERATIONALIZING EQUITY-CENTERED, VALUES-DRIVEN GRANTMAKING PRACTICES. 0 0 1775796 0 525509 PROGRAMS: PEAK GRANTMAKING PROGRAMS SUPPORT OUR MEMBERS IN ADOPTING AND CHAMPIONING EQUITABLE, EFFECTIVE GRANTMAKING PRACTICES WITHIN THEIR ORGANIZATIONS AND ACROSS THE PHILANTHROPIC SECTOR. THE PRINCIPLES FOR PEAK GRANTMAKING ARE OUR CALL TO ACTION TO TRANSFORM THE PRACTICE OF PHILANTHROPY INTO THE PRACTICE OF PRINCIPLED GRANTMAKING. IN 2022, PEAK SUPPORTED MEMBERS IN ADVANCING PRACTICE CHANGE WITH OPPORTUNITIES FOR EMERGENT LEARNING AND PEER CONNECTION ACROSS 122 EVENTS WITH 8,671 PARTICIPANTS. 14 REGIONAL CHAPTERS HELD 79 MEETINGS ENGAGING 4,914 PARTICIPANTS. 684 MEMBERS JOINED ONE OR MORE OF OUR CAUCUSES, AFFINITY GROUPS, COMMUNITIES OF PRACTICE, AND WORKING GROUPS. 1,203 MEMBERS OF OUR COMMUNITY ATTENDED OUR THIRD VIRTUAL CONVENING. 3,037 PARTICIPATED IN OUR ONLINE DISCUSSION GROUP, A VITAL RESOURCE FOR YEAR-ROUND PEER LEARNING AND SUPPORT. 620075 0 387788 MEMBER ENGAGEMENT: PEAK GRANTMAKING BUILDS AND GROWS THE PROFESSION OF GRANTS MANAGEMENT BY ATTRACTING AND RETAINING MEMBERS WHO ADVANCE EQUITABLE GRANTMAKING PRACTICES IN THEIR ORGANIZATIONS AND ADVOCATE FOR SECTOR CHANGE. IN 2022, OUR NETWORK GREW BY 9% TO 7,116 PHILANTHROPY PROFESSIONALS. INSTITUTIONAL MEMBERSHIP INCREASED BY 4% TO 533 CONTRIBUTING ORGANIZATIONS WITH A 90% RETENTION RATE. BENEFITS OF MEMBERSHIP INCLUDE A GROWING SUITE OF RESOURCES, TOOLS, PUBLICATIONS, PROGRAMS, EVENTS, AND ONGOING MEMBER SUPPORT. IN 2022, WE RECRUITED AND TRAINED A RECORD 383 VOLUNTEERS. 2395871 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 22 0 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X EUN WOO PARK MARCUM LLP 2028225000 1899 L ST NW SUITE 850 WASHINGTON DC 20036 STEVEN CASEY CO-CHAIR THRU 53122 CHAIR EMERITUS 2.00 X X 0 0 0 ALLISON GISTER CO-CHAIR 2.00 X X 0 0 0 MIYESHA PERRY CO-CHAIR/DIRECTOR EFF. 6/1/22 2.00 X X 0 0 0 GARY ROMERO CO-CHAIR THRU 1/1/2022 2.00 X X 0 0 0 JANE WARD SECRETARY/DIRECTOR EFF. 6/1/22 2.00 X X 0 0 0 KERRI HURLEY SECRETARY THRU 5/31/2022 2.00 X X 0 0 0 ELSA CHIN TREASURER EFF. 6/1/22 2.00 X X 0 0 0 TIM ROBINSON TREAS. THRU 5/31/22, DIR. EFF. 6/1/22 2.00 X X 0 0 0 JOSHUA ABEL DIRECTOR 1.00 X 0 0 0 KEVIN BOLDUC DIRECTOR 1.00 X 0 0 0 JANET CAMARENA DIRECTOR 1.00 X 0 0 0 BRIDGET DE LEON DIRECTOR THRU 7/8/2022 1.00 X 0 0 0 EUSEBIO DIAZ DIRECTOR 1.00 X 0 0 0 JANET DISLA DIRECTOR 1.00 X 0 0 0 TIAUNA GEORGE DIRECTOR 1.00 X 0 0 0 ADRIANA JIMENEZ DIRECTOR THRU 5/1/2022 1.00 X 0 0 0 TERESITA MAZ DIRECTOR 1.00 X 0 0 0 IFY MORA DIRECTOR 1.00 X 0 0 0 ADAM SANDERS DIRECTOR 1.00 X 0 0 0 SATONYA FAIR PRESIDENT AND CHIEF EXECUTIVE OFFICER 40.00 X 252640 0 28934 DOLORES ESTRADA CHIEF OPERATING OFFICER 40.00 X 206363 0 21834 BETSY F REID SENIOR COMMUNICATIONS DIRECTOR 40.00 X 136424 0 24412 CHANTIAS FORD COMMUNITY KNOWLEDGE MANAGER 40.00 X 117708 0 17663 SARA RICHMAN SANDERS MEMBERSHIP DIRECTOR 40.00 X 128690 0 5000 CLARE LARSON SENIOR MEMBERSHIP MANAGER 40.00 X 102797 0 22505 CAROLYN SOSNOWSKI SENIOR OPERATIONS MANAGER 40.00 X 103933 0 214 1048555 0 120562 10 0 1 0 MARCUM LLP 1899 L STREET NW STE 850 WASHINGTON DC 20036 ACCOUNTING SERVICES 151179 1 1310336 132500 1907494 3350330 MEMBERSHIP DUES 561499 387833 387833 REGISTRATION FEES 561499 270040 270040 ANNUAL CONFERENCE 561499 123700 123700 ADVOCACY AND PARTNERSH 561499 83724 83724 CONFERENCE EXHIBITORS 561499 48000 48000 913297 27736 27736 45 0 45 45 OTHER INCOME 561499 2569 2569 2569 4293977 913297 0 30350 X 509771 254886 254885 1199227 914337 194973 89917 21356 17539 1857 1960 176789 128774 36478 11537 121406 83745 31078 6583 175064 175064 438557 114806 278242 45509 5850 1531 3712 607 95341 16428 78913 260610 121258 132091 7261 4990 4990 178296 9700 168596 76135 51764 24371 19189 222 18967 33545 33545 PROF. DEVELOPMENT 125072 7856 117216 MISCELLANEOUS 19021 8348 10673 RECRUITMENT 777 777 ALLOC OF ADMIN EXP. 0 664677 -727624 62947 3460996 2395871 838804 226321 2836741 3742161 501804 502557 177000 253000 100000 91000 119405 131464 222549 186432 24152 36117 1396971 1167883 3100 3100 5159173 5927282 67205 117743 218939 322100 0 37500 286144 477343 X 4601723 4567938 271306 882001 4873029 5449939 5159173 5927282 832981 -256071 0 X X 0 1 X 1 0 X 1294378 1221104 1738029 5302823 3350330 12906664 1294378 1221104 1738029 5302823 3350330 12906664 778601 12128063 22323 26153 25447 19876 27736 121535 8962 10323 30385 3558 2569 55797 13083996 4866183 0.92690 0.97260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 280. 2020 AMOUNT: $ 1,283. 2021 AMOUNT: $ 3,558. 2022 AMOUNT: $ 2,569. REFUNDS - 2018 AMOUNT: $ 8,962. DISCOUNT - 2019 AMOUNT: $ 10,043. 2020 AMOUNT: $ 856. INSURANCE PROCEEDS - 2020 AMOUNT: $ 28,246. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90403 54286 36117 132146 132146 0 36117 REFUNDABLE ADVANCES 37500 37500 X 4042206 -256071 4300 -251771 4293977 0 4293977 3465296 4300 4300 3460996 0 3460996 PART X, LINE 2: PEAK GRANTMAKING RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT PEAK GRANTMAKING HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PEAK GRANTMAKING IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2019. X X X X 0 0 0 0 0 0 0 1 0 SATONYA FAIR PRESIDENT AND CHIEF EXECUTIVE OFFICER 248200 0 4440 0 0 0 9203 0 19731 0 281574 0 0 0 DOLORES ESTRADA CHIEF OPERATING OFFICER 201560 0 4803 0 0 0 5589 0 16245 0 228197 0 0 0 BETSY F REID SENIOR COMMUNICATIONS DIRECTOR 131667 0 4757 0 0 0 5058 0 19354 0 160836 0 0 0 PART I, LINE 7 THE INDIVIDUALS REPORTED IN PART II EACH RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2022 WHICH WAS INCLUDED IN THEIR TAXABLE COMPENSATON. THE BONUS AMOUNTS ARE REPORTED IN PART II, COLUMN B(II). 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 A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS IN OCTOBER 2022. ELIGIBILITY FOR VOTING MEMBERSHIP WAS EXPANDED TO INCLUDE CONSULTANTS WHOSE PRIMARY FOCUS IS PHILANTHROPY OR PHILANTHROPY-RELATED ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A SINGLE CLASS OF VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS HAVE THE RIGHT TO ELECT THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OF THE CORPORATION HAS THE AUTHORITY TO AMEND OR REPEAL THE CORPORATION'S BYLAWS WITHOUT APPROVAL OF THE CORPORATION'S MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CHIEF OPERATING OFFICER AND PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD FOR REVIEW. A COMPLETE COPY OF THE RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO DIRECTORS, OFFICERS, AND EMPLOYEES (INTERESTED PERSONS). SUCH PERSONS, IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, MUST DISCLOSE ALL MATERIAL FACTS TO BOARD MEMBERS AND MEMBERS OF COMMITTEES WITH POWERS DELEGATED BY THE BOARD TO CONSIDER THE PROPOSED TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON WHO IS IN DOUBT AS TO THE EXISTENCE OF A CONFLICT OF INTEREST IS REQUESTED TO DISCLOSE ALL FACTS PERTAINING TO THE TRANSACTION OR ARRANGEMENT BEFORE UNDERTAKING THE TRANSACTION OR ARRANGEMENT OR MAKING ANY DECISION IN THE MATTER. IT IS THE RESPONSIBILITY OF THE BOARD, OR A DELEGATED COMMITEE THEREOF, TO DETERMINE WHETHER A POSSIBLE CONFLICT OF INTEREST IS IN FACT A CONFLICT, AS WELL AS TO REVIEW THE PROPOSED TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON IS NOT PERMITTED TO VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND CEO AND THE CHIEF OPERATING OFFICER USES BENCHMARKNG DATA FROM COMPENSATION SURVEYS/STUDIES, AND FORM 990S OF PEER ORGANIZATIONS. THEIR COMPENSATION IS THEN APPROVED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE AFTER CONVERSATION AND REVIEW OF COMPARABLE DATA. DECISIONS ARE INTERNALLY DOCUMENTED BY THE ORGANIZATION. THE PROCESS LAST OCCURRED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990, FINANCIAL STATEMENTS, AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC BY POSTING ON THEIR WEBSITE. THESE DOCUMENTS, AS WELL AS THE ORGANIZATION'S BYLAWS, ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 14,382. MANAGEMENT AND GENERAL EXPENSES 34,856. FUNDRAISING EXPENSES 5,701. TOTAL EXPENSES 54,939. HR SERVICES: PROGRAM SERVICE EXPENSES 45,050. MANAGEMENT AND GENERAL EXPENSES 109,182. FUNDRAISING EXPENSES 17,858. TOTAL EXPENSES 172,090. EVENT MANAGEMENT: PROGRAM SERVICE EXPENSES 22,733. MANAGEMENT AND GENERAL EXPENSES 55,095. FUNDRAISING EXPENSES 9,011. TOTAL EXPENSES 86,839. CONSULTANTS: PROGRAM SERVICE EXPENSES 15,006. MANAGEMENT AND GENERAL EXPENSES 36,368. FUNDRAISING EXPENSES 5,948. TOTAL EXPENSES 57,322. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 17,635. MANAGEMENT AND GENERAL EXPENSES 42,741. FUNDRAISING EXPENSES 6,991. TOTAL EXPENSES 67,367. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.