2023-10-12T07:28:39-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 834584093 SHARED ASCENT FUND SHAR 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 AVI GARBOW PRESIDENT 9164425057 2023-10-12 1 AVI GARBOW XXX-XX-XXXX 0 RICHARD J LOCASTRO CPA P00288314 3019519090 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X AVI GARBOW 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 8896430 0 X SHAREDASCENTFUND.ORG X 2019 DE SEE PART III, LINE 1. 7 6 36 6 0 0 8646643 6027840 35000 406350 -5430 7008 0 0 8676213 6441198 3725000 2221341 0 0 768711 3576362 0 0 39803 401250 1300426 4894961 7098129 3781252 -656931 4357054 4259803 392927 952607 3964127 3307196 SHARED ASCENT FUND'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY. 0 0 6513877 2221341 406350 IN 2022, SHARED ASCENT FUND (SAF) SUPPORTED EFFORTS TO MAINTAIN AND STRENGTHEN VOTING RIGHTS; STRENGTHEN HEALTH CARE POLICIES AND ACCESS FOR ALL; AND COUNTER SYSTEMIC RACISM IN AMERICA. IN ADDITION TO GRANTMAKING, SAF SERVES AS A FISCAL SPONSOR--PROVIDING ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES--TO THE STUDENT BORROWER PROTECTION CENTER, WHICH HAS BEEN SUCCESSFULLY LEADING A NATIONWIDE EFFORT TO PROTECT STUDENT LOAN BORROWERS AND HALT WIDESPREAD ABUSES BY THE STUDENT LOAN INDUSTRY, AND TO THE COALITION TO EXPAND CONTRACEPTIVE ACCESS, WHICH WORKS TO EXPAND CONTRACEPTIVE ACCESS BY LEVERAGING POLICY AND RESEARCH TO ADVANCE SEXUAL AND REPRODUCTIVE HEALTH EQUITY AND REPRODUCTIVE QUALITY OF LIFE FOR ALL INDIVIDUALS. 6513877 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 46 0 1 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA MA NJ NY OR X X X ROSINA BUGARIN 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 AVI GARBOW SEE SCHED O DIR., PRESIDENT 1.00 6.00 X X 16540 74433 0 STEVE DAETZ DIRECTOR; CHAIR 1.00 X X 0 0 0 CHRISTOPHER J ELLIMAN DIRECTOR 1.00 1.00 X 0 0 0 JASON BURNETT DIRECTOR 1.00 1.00 X 0 0 0 MARTHA KONGSGAARD DIRECTOR 1.00 1.00 X 0 0 0 MELISSA ROY DIRECTOR 1.00 1.00 X 0 0 0 PRESTON PINKETT III DIRECTOR 1.00 1.00 X 0 0 0 ROSINA BUGARIN SEE SCHED O TREASURER; CHIEF FINANCIAL OFFICER 1.00 4.00 X 8031 27150 0 HELENA CHOI SEE SCHED O SECRETARY; VICE PRESIDENT 1.00 3.00 X 5574 18183 0 MICHAEL MANTELL--PRES THRU 1/10/22, THEN SR. ADV. (SEE SCHED O) 0.25 1.00 X 2363 16145 0 JAMIE HART DIR., CONTRACEPTIVE ACCESS 40.00 X 304844 0 31089 MICHAEL PIERCE DIR., STUDENT BORROWING CTR. 40.00 X 229914 0 34506 LISA F STERN DEPUTY DIR., CONTRACEPTIVE ACCESS 40.00 X 207110 0 19242 PERSIS SICHING YU POL. DIR./COUNSEL, STDT. BORR. CTR. 40.00 X 189350 0 10367 KATHERINE WELBECK ADVOCACY DIR., STDT. BORR. CENTER 40.00 X 157035 0 18287 1120761 135911 113491 12 0 1 0 CSR OPERATIONS LLC 1717 N ST NW SUITE 1 WASHINGTON DC 20036 OPERATIONS MGMT & CONSULTING 100350 1 6027840 2455232 6027840 CONTRACT SERVICES 900099 406350 406350 406350 4342 4342 2457898 2455232 2666 2666 2666 6441198 406350 0 7008 X 2221341 2221341 32508 13514 9874 9120 2797173 2490579 287975 18619 169760 150227 17869 1664 383317 339211 40348 3758 193604 171328 20378 1898 22606 22606 16300 16300 511 511 865806 849386 16420 40162 27893 11703 566 123968 79317 42812 1839 122355 91164 29631 1560 45877 43123 2358 396 34827 32736 1790 301 22171 22171 DUES & MEMBERSHIP 5843 4058 1703 82 7098129 6513877 544449 39803 1151147 722762 2305580 2031322 838200 1021794 35000 75400 27127 21332 0 387193 4357054 4259803 225880 397483 167047 166687 0 388437 392927 952607 X 199837 316074 3764290 2991122 3964127 3307196 4357054 4259803 -656931 0 X 0 1 X 1 0 X 1050000 1738692 8646643 6027840 17463175 1050000 1738692 8646643 6027840 17463175 7948211 9514964 1056 1205 409 4342 7012 17470187 441350 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION FILED A SHORT PERIOD RETURN IN ITS FIRST YEAR OF OPERATION (2019). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 103 0 0 103 0 PART II-B, LINE 1: STUDENT LOAN FORGIVENESS ADVOCACY 0 RIGHT-OF-USE ASSET 387193 387193 LEASE LIABILITY 388437 388437 X 6440687 0 6440687 511 511 6441198 7097618 0 7097618 511 511 7098129 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 LOYOLA MARYMOUNT UNIVERSITY 1 LMU DRIVE LOS ANGELES CA 90045 951643334 501(C)(3) 15000 0 EMPLOYER IMPOSED DEBT RESEARCH AND PUBLICATIONS AMALGAMATED CHARITABLE FOUNDATION 1825 K STREET NW WASHINGTON DC 20006 821517696 501(C)(3) 23750 0 UPHOLDING A HEALTHY DEMOCRACY THE UNIVERSITY OF MEMPHIS 315 ADMINISTRATION BUILDING MEMPHIS TN 38152 620648618 501(C)(3) 25000 0 LOAN FORGIVENESS AND WELL-BEING RESEARCH RESOURCES LEGACY FUND 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 954703838 501(C)(3) 28841 0 GENERAL SUPPORT LEADERSHIP CONFERENCE EDUCATION FUND INC 1620 L ST NW SUITE 1100 WASHINGTON DC 20036 237026895 501(C)(3) 100000 0 GENERAL SUPPORT CONSTITUTIONAL ACCOUNTABILITY CENTER 1200 18TH STREET NW SUITE 501 WASHINGTON DC 20036 522063854 501(C)(3) 100000 0 GENERAL SUPPORT CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGTON INC 1331 F STREET SUITE 900 WASHINGTON DC 20004 030445391 501(C)(3) 100000 0 GENERAL SUPPORT ASIAN AMERICANS ADVANCING JUSTICE 1620 L STREET NW SUITE 1050 WASHINGTON DC 20036 133619000 501(C)(3) 100000 0 GENERAL SUPPORT VOTER REGISTRATION PROJECT PO BOX 33436 WASHINGTON DC 20033 264802468 501(C)(3) 100000 0 GENERAL SUPPORT CAMPAIGN LEGAL CENTER INC 1101 14TH ST NW WASHINGTON DC 20005 043608387 501(C)(3) 173750 0 GENERAL SUPPORT DEMAND JUSTICE INITIATIVE 1010 VERMONT AVE NW STE 300 WASHINGTON DC 20005 863690047 501(C)(3) 1455000 0 GENERAL SUPPORT 11 0 PART I, LINE 2: SHARED ASCENT FUND GRANTS INCLUDE REQUIREMENTS FOR PERIODIC REPORTS RECONCILING GRANT ACTIVITIES, PROGRESS, AND OUTCOMES WITH GRANT OBJECTIVES, AS WELL AS A RECONCILIATION OF GRANT EXPENDITURES WITH THE PROPOSAL BUDGET. IN ADDITION, STAFF MAINTAINS CONTACT WITH GRANTEES AND PERIODICALLY CONDUCTS FIELD VISITS FOR SIGNIFICANT PROJECTS. ALL GRANTS MUST BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES. 0 0 0 0 0 0 0 1 0 JAMIE HART DIR., CONTRACEPTIVE ACCESS 299484 0 5360 0 0 0 14841 0 16248 0 335933 0 0 0 MICHAEL PIERCE DIR., STUDENT BORROWING CTR. 224854 0 5060 0 0 0 13469 0 21037 0 264420 0 0 0 LISA F STERN DEPUTY DIR., CONTRACEPTIVE ACCESS 196750 0 10360 0 0 0 10461 0 8781 0 226352 0 0 0 PERSIS SICHING YU POL. DIR./COUNSEL, STDT. BORR. CTR. 185950 0 3400 0 0 0 9863 0 504 0 199717 0 0 0 KATHERINE WELBECK ADVOCACY DIR., STDT. BORR. CENTER 156675 0 360 0 0 0 8624 0 9663 0 175322 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BONUSES TO THE INDIVIDUALS LISTED ON SCHED J, PART II, SEE COL (II). IN ADDITION, INCLUDED IN THE COMPENSATION FIGURES REPORTED FOR AVI GARBOW, ROSINA BUGARIN, AND HELENA CHOI ARE BONUSES OF $148, $113, AND $62, RESPECTIVELY. X 2 2455232 FMV 0 0 0 PART I, COLUMN (B): THIS COLUMN INCLUDES THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS, REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN SENT TO ALL VOTING MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY COVERS OFFICERS AND DIRECTORS, WHO ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY IN WRITING AND PRIOR TO ANY VOTE BY THE BOARD OF DIRECTORS IN WHICH A CONFLICT EXISTS OR APPEARS TO EXIST. THE BOARD OF DIRECTORS DETERMINES IF AN ACTUAL OR APPARENT CONFLICT EXISTS AND IS RESPONSIBLE FOR ANY REQUIRED REVIEW AND ACTION. IN ALL CASES, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IN CASE OF CONFLICTS OF INTEREST. ADDITIONALLY, A CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE POLICY MANUAL. UPON HIRE, EMPLOYEES ARE REQUIRED TO READ IT AND ACKNOWLEDGE THAT THEY ARE FAMILIAR WITH AND WILL OBSERVE THE POLICY; ACTUAL, POTENTIAL OR PERCEIVED CONFLICTS MUST BE REPORTED TO EXECUTIVE MANAGEMENT FOR REVIEW PRIOR TO THE RELEVANT DECISION. FORM 990, PART VI, SECTION B, LINE 15 RESOURCES LEGACY FUND (RLF) IS AN UNRELATED ORGANIZATION THAT WORKS WITH SHARED ASCENT FUND. THE RLF GOVERNANCE COMMITTEE, A COMMITTEE OF THE RLF BOARD, ENGAGED AN OUTSIDE CONSULTANT TO REVIEW THE EXECUTIVE COMPENSATION OF PEER ORGANIZATIONS, TO ASSESS EXECUTIVE COMPENSATION, AND TO PROVIDE AN INDEPENDENT OPINION REGARDING THE REASONABLENESS OF THE EXECUTIVE COMPENSATION. THE SAF OFFICERS INCLUDING PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT. THIS PROCESS WAS LAST UNDERTAKEN IN DECEMBER 2021. FORM 990, PART VI, SECTION C, LINE 18 AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM SAF'S WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,420. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,420. CONTRACTOR EXPENSES (SEE BELOW FOR DETAILS): PROGRAM SERVICE EXPENSES 849,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 849,386. FORM 990, PART IX, LINE 11G, CONTRACTOR FEES (ABOVE): FEES INCLUDE PAYMENTS TO VENDORS FOR SCIENTIFIC STUDIES, STRATEGIC COMMUNICATIONS, MAPPING, CONSERVATION EXPERTISE, PROGRAM DESIGN, MANAGEMENT AND EVALUATION, PREPARATION OF ENVRIONMENTAL DOCUMENTS REQUIRED FOR PROJECTS BY GOVERNMENTAL AGENCIES, AND POLICY RESEARCH AND ANALYSIS. FORM 990, PART VII, SECTION A SHARED ASCENT FUND AND RESOURCES LEGACY FUND (RLF), AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH SHARED ASCENT REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF SHARED ASCENT. AS A PART OF THAT, SHARED ASCENT REIMBURSED RLF FOR PERSONNEL COSTS FOR AVI GARBOW, ROSINA BUGARIN, AND HELENA CHOI. SAF PAYS SOME PAYROLL TAXES DIRECTLY; RESOURCE LEGACY FUND SATISFIES THE REMAINING EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF SAF. RLF'S COMPENSATION OF $16,540 TO AVI GARBOW, $2,363 TO MICHAEL MANTELL, $8,031 TO ROSINA BUGARIN, AND $5,574 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY SHARED ASCENT TO RLF AND HAS BEEN REPORTED ON PART VII OF THE RETURN FOR THOSE INDIVIDUALS. FUND FOR A BETTER FUTURE 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 812319758 PROMOTE THE COMMON GOOD DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITY ENVIRONMENT DE 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0