2023-05-15T13:39:03-07:00 2022-06-30 200268717 FUOCO GROUP LLP 200 PARKWAY DR S STE 302 HAUPPAUGE NY 11788 990 2021-07-01 132950801 North Star Fund Inc NORT 2126209110 520 Eighth Avenue 1800 New York NY 10018 JENNIFER CHING Executive Director 2023-05-15 true JENNIFER CHING 999009999 Robert J Logan CPA P01394294 6313601700 3 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z 520 Eighth Avenue 1800 New York NY 10018 21894839 false X www.northstarfund.org X 1979 NY North Star Fund, Inc. (North Star Fund) is a social justice foundation that supports grassroots organizing led by communities of color building power in New York City and the Hudson Valley. The foundation organizes people across race and class to give in support of these movements. Since 1979, it has distributed more than $65 million to over 2,100 groups providing visionary leadership on timely issues facing New York. North Star Fund envisions a world in which resources and power are equitably shared, and a future where everyone can live with dignity and thrive. 18 18 25 30 0 31746647 13924654 447277 172091 71774 42440 0 32265698 14139185 14581684 11274447 0 1673350 1656075 0 900710 2206726 3057914 18461760 15988436 13803938 -1849251 26831975 25241775 1396969 2024616 25435006 23217159 North Star Fund, Inc. (North Star Fund) is a social justice foundation that supports grassroots organizing led by communities of color building power in New York City and the Hudson Valley. The foundation organizes people across race and class to give in support of these movements. Since 1979, it has distributed more than $65 million to over 2,100 groups providing visionary leadership on timely issues facing New York. North Star Fund envisions a world in which resources and power are equitably shared, and a future where everyone can live with dignity and thrive. false false 14541770 11274447 North Star Fund operates administrative offices in New York, New York. It is supported primarily through contributions and investment income. The foundations work is divided into four areas: (1) North Star Fund gives grants through a process that shifts decision-making power to communities fighting for justice. Community organizersincluding former and current granteescollectively make the organizations funding decisions and participate in its governance. North Star Fund operates community activist-led grantmaking committees serving New York City and the Hudson Valley, as well as a committee for the Let Us Breathe Fund, which supports Black-led organizing in the region.(2) North Star Fund strengthens the leadership of grassroots organizers. It supports new and emerging leaders and is often the first foundation to fund new organizations or campaigns. The foundation contributes to the social change ecosystem by providing capacity-building and leadership programs to organizations led by communities impacted by injustice.(3) North Star Fund organizes people across race and class to mobilize resources towards social justice movements. The foundation offers programs that bring experienced organizers and supporters together to recognize the shared stake we have in dismantling white supremacy and structural systems of oppression. It creates opportunities for people to move money and to take collective action towards building a different future. The foundation hosts programs for people and institutions interested in giving towards social justice movements, including operating donor-advised funds, philanthropic planning, and educational programs. (4) North Star Fund challenges the entrenched racism and power imbalances in philanthropy. It works across the field of philanthropywhere less than 10% of all dollars go to communities of colorto increase funding for social justice movements and to build greater accountability, transparency, and accessibility. During the fiscal year ending June 30, 2012, North Star Fund became the fiscal sponsor for the Communities United for Police Reform (CPR) campaign. CPR brings together a diverse array of current and former North Star Fund grantees in a multi-year campaign to end discriminatory policing practices in New York. It builds on the strength of a diverse coalition of community members, lawyers, researchers and activists to work for community alternatives to top down policing and for restorative criminal justice. As the fiscal sponsor, North Star Fund provides a way for interested donors to provide tax deductible support to the campaign, charitable compliance, and administrative and financial support. During the fiscal year ending June 30, 2020, North Star Fund entered into a partnership with Amalgamated Foundation where North Star Fund donors can utilize a platform for donor-advised funds operated by Amalgamated Foundation. This partnership allows North Star Fund donors to access, monitor and make giving decisions on-line. 14541770 true true false true false true false false false true true false false false true true true false false false false false false false true false false true false false false false false false true false false false true false false false false false false false false true 63 0 false 25 true false false false false true true false false 0 false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true true false NY X X Junie Franois Pswarayi 2126209110 520 Eighth Avenue 1800 New York NY 10018 X David Ryan Alexander Board Member 1.00 0.00 X 0 0 0 Sayu Bhojwani Board Member 1.00 0.00 X 0 0 0 Jennifer Flynn Board Member 1.00 0.00 X 0 0 0 Lisa Steglich Board Member 1.00 0.00 X 0 0 0 Ejeris Dixon Board Member 1.00 0.00 X 0 0 0 Pierre Hauser Vice Chair 1.00 0.00 X X 0 0 0 Holly Fetter Board Member 1.00 0.00 X 0 0 0 Asa Johnson Board Member 1.00 0.00 X 0 0 0 Rosemary Rivera Board Member 1.00 0.00 X 0 0 0 Gonzalo Mercado-Citerina Board Member 1.00 0.00 X 0 0 0 Christine Parker Board Member 1.00 0.00 X 0 0 0 Jennifer Ching Executive Dir. 32.00 0.00 X X 0 0 0 Natahsa Pallan Treasurer 1.00 0.00 X X 0 0 0 Alvarez Symonette Board Member 1.00 0.00 X 0 0 0 Michael Waterman Secretary 1.00 0.00 X X 0 0 0 Maggie Williams Board Member 1.00 0.00 X 0 0 0 Candis Tolliver Board Member 1.00 0.00 X 0 0 0 Marjorie Fine Board Chair 1.00 0.00 X X 0 0 0 Kesi Foster Board Member 1.00 0.00 X 0 0 0 Elz Cuya Jones Deputy Director 32.00 0.00 X 0 0 0 Junie Franois Pswarayi Finance Dir. 32.00 0.00 X 0 0 0 0 false false false 0 250713 13673941 3996727 13924654 Administrative Fees 900099 172091 172091 172091 39554 39554 0 0 0 7758540 7755654 2886 2886 2886 250713 0 0 0 0 14139185 172091 42440 11274447 11274447 0 0 0 0 0 1351168 702608 243210 405350 0 203422 105780 36615 61027 101485 52773 18266 30446 0 2145 2145 9758 9758 0 0 0 20386 20386 42620 21310 21310 175832 91433 31649 52750 0 0 258690 134519 46564 77607 4068 4068 0 14813 7703 2666 4444 0 0 33500 17420 6030 10050 9897 5147 1781 2969 Sponsored project expenses 1660582 1660582 National giving project expens 226047 226047 Event Expense 163554 163554 Consultants 134036 69699 24126 40211 301986 172302 98692 30992 15988436 14541770 545956 900710 12645578 11017345 8448828 9190111 2315994 1458051 0 0 0 0 0 70587 104528 510329 390573 153256 119756 3159567 3313818 0 0 0 38165 38166 26831975 25241775 137203 177472 1140000 1740000 119766 107144 1396969 2024616 X 9057468 10539545 16377538 12677614 25435006 23217159 26831975 25241775 X -1849251 -394831 -1277 29600 -2088 X false true X true false X 7551618 12554555 14607396 31958423 13930161 80602153 0 0 7551618 12554555 14607396 31958423 13930161 80602153 8698517 71903636 52167 124595 87079 72063 18203 354107 0 0 80956260 0.88820 0.88410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 753 591 644 1988 2982 3765 2953 3222 9940 188 148 161 497 746 847 513 1475 2835 44896 24216 568857 true true 2641541 -201901 2439640 2641541 416155 3057696 2641541 86255 33890 2693906 2641541 133618 30133 2745026 2641541 2641541 false false false 286356 173428 112928 106794 100147 6647 117179 116998 181 119756 DEFERRED RENT 107144 107144 X 13742266 -394831 -2088 -396919 14139185 14139185 15593605 -394831 -394831 15988436 15988436 Part V, Line 4: Intended uses of the endowment fund. The intended use of the $2,641,541 is to hold it in perpetuity, protecting the principal from depreciation, while investing it for income which will be used for unrestricted purposes. Part X : FIN48 Footnote Income taxes North Star Fund is exempt from Federal income taxes as an organization (not a private foundation) formed for charitable purposes under Section 501(c)(3) of the Internal Revenue Code. Donors may deduct contributions made to North Star Fund within the requirements of the Internal Revenue Code. Under Accounting Standards Codification (ASC) Section 740, the tax status of tax-exempt entities is an uncertain tax position, since events could potentially occur that jeopardize the tax-exempt status. Management of North Star Fund is not aware of any events that could jeopardize the tax-exempt status. Therefore, no liability or provision for income tax has been reflected in the financial statements. X X X X X X true SV PRODUCTIONS LLC 3525 30TH AVENUE SUITE 30 ASTORIA NY 11103 Virtual Gala Fundraising false 30000 false false 30000 NY Gala 250713 250713 250713 250713 false See Attached 520 EIGHTH Ave 1800 New York NY 10018 11983539 0 1 0 KESI FOSTER BOARD MEMBER GRANT GENERAL SUPPORT X 3996727 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process The draft 990 was presented to the Finance Committee of the Board and reviewed in detail. The full Board was presented with the draft 990 and the Finance Committee recommended the draft 990 to the full Board for approval. The full Board reviewed the draft 990 before it was to be submitted. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members annually review the conflict of interest policy and disclose any conflicts they may have on a written form. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Executive Director's salary and benefits are presented to the Executive Committee of the Board, which reviews and approves them, both for the prior year end budgeted projections for the coming year. The full Board approves the Executive Director's salary and benefits in aggregate form as part of the annual budget, which they vote on each year. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies and financial statements are all available upon request and filed with the appropriate government agencies. Other Changes In Net Assets Or Fund Balances - Other Decreases DONOR ADVISED FEES = -$2088