2023-11-21T16:56:48-06:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 20814 990 2022-01-01 812319758 FUND FOR A BETTER FUTURE INC FUND 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 AVI GARBOW PRESIDENT 9164425057 2023-11-21 1 AVI GARBOW 999009999 0 RICHARD J LOCASTRO CPA P00288324 3019519090 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X AVI GARBOW 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 57922759 0 X FUNDFORABETTERFUTURE.ORG X 2015 DE SEE PART III, LINE 1. 6 5 90 5 0 0 68441746 56655194 653891 11888 22785 146522 0 0 69118422 56813604 34244260 25848600 0 0 1771660 2826775 0 171125 259409 25868366 19425728 61884286 48272228 7234136 8541376 12452035 20878438 1568746 1453773 10883289 19424665 FUND FOR A BETTER FUTURE INC. (FBF) IS DEDICATED TO PROMOTING THE COMMON GOOD BY PROTECTING THE ENVIRONMENT, UPHOLDING DEMOCRATIC VALUES, ADDRESSING DISPARITIES IN PUBLIC HEALTH, AND ADVANCING SOCIAL EQUITY. 0 0 46836902 25848600 11888 DURING 2022, THE FUND FOR A BETTER FUTURE INC. (FBF) PROVIDED GRANTS TO ORGANIZATIONS ADVANCING SOLUTIONS TO THE CLIMATE CRISIS; PROTECTING VOTER RIGHTS; PRESERVING FUNDAMENTAL ENVIRONMENTAL LAWS; AND ADDRESSING DISPARITIES IN PUBLIC HEALTH, INCLUDING REPRODUCTIVE RIGHTS. AS A FISCAL SPONSOR, FBF PROVIDED ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO CLIMATE POWER, AN ORGANIZATION WORKING TO EMPOWER U.S. LEADERS TO TAKE BOLD, URGENT ACTION TO COMBAT THE CLIMATE CRISIS, AND BEYOND PETROCHEMICALS, A CAMPAIGN TO ADDRESS THE HARMS CAUSED BY RAPID EXPANSION OF PETROCHEMICAL AND PLASTIC POLLUTION IN THE UNITED STATES. 46836902 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 74 0 1 90 1 0 0 0 0 1 1 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X ROSINA BUGARIN 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 X AVI GARBOW SEE SCHED O DIRECTOR; PRESIDENT 6.00 1.00 X X 74433 16540 0 JASON BURNETT DIRECTOR; CHAIR 1.00 1.00 X X 0 0 0 CHRISTOPHER J ELLIMAN 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 4.00 1.00 X 27150 8031 0 HELENA CHOI SEE SCHED O SECRETARY; VICE PRESIDENT 3.00 1.00 X 18183 5574 0 MICHAEL MANTELL--PRES THRU 1/10/22, THEN SR. ADV. (SEE SCHED O) 1.00 0.25 X 16145 2363 0 135911 32508 0 0 0 0 0 BULLY PULPIT INTERACTIVE LLC 1445 NEW YORK AVE NW 5TH FL WASHINGTON DC 20005 CONSULTING SERVICES 8189637 STAGWELL MEDIA LP 1150 18TH STREET NW SUITE 800 WASHINGTON DC 20036 CONSULTING SERVICES 4415099 THE MARKHAM GROUP LLC 1000 WEST 3RD STREET LITTLE ROCK AR 72201 CONSULTING SERVICES 399928 TECHNICOLOR POLITICAL LLC 11013 S LONGWOOD DR CHICAGO IL 60643 CONSULTING SERVICES 391898 VOX MEDIA LLC 1201 CONNECTICUT AVE NW FL 12 WASHINGTON DC 20036 CONSULTING SERVICES 268000 7 56655194 1109154 56655194 CONTRACTS 900099 11888 11888 11888 69215 69215 1186462 1109155 77307 77307 77307 56813604 11888 0 146522 X 25848600 25848600 135911 63306 35141 37464 2053025 1709911 324344 18770 104456 84618 17154 2684 533383 432084 87596 13703 366017 196678 169339 23550 23550 171125 171125 18037100 18026164 10936 71189 50213 18617 2359 408169 347402 51472 9295 87544 46165 37370 4009 31992 31761 231 15181 15181 EXCISE TAXES 384986 384986 48272228 46836902 1175917 259409 270744 473476 9345529 16501932 700 2030 12062 2823000 3901000 12452035 20878438 462130 653314 1106616 800459 1568746 1453773 X 1135070 1425639 9748219 17999026 10883289 19424665 12452035 20878438 8541376 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6793643 0 1093643 5700000 6793643 1 CLIMATE POWER ACTION 611 PENNSYLVANIA AVENUE STE 143 WASHINGTON DC 20003 882589223 5700000 PART I-A, LINE 1: FBF MADE DIRECT AND INDIRECT EXPENDITURES IN SUPPORT OF CANDIDATES WHO COMMITTED TO ADDRESSING THE THREAT OF CLIMATE CHANGE. 0 3901000 C 3901000 X 56813604 0 56813604 0 56813604 48272228 0 48272228 0 48272228 PART X, LINE 2: FOR THE YEAR 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. X X X 1 THE FARLEY FOLSOM GROUP 4020 GARRISON ST NW WASHINGTON DC 20016 FUNDRAISING COUNSEL 0 0 171125 -171125 171125 -171125 AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV 1 PRIORITIES USA 611 PENNSYLVANIA AVE SE SUITE 143 WASHINGTON DC 20003 474596232 501(C)(4) 8155000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES CLIMATE POWER ACTION 611 PENNSYLVANIA SE STE 143 WASHINGTON DC 20003 882589223 527 5700000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY AMERICAN BRIDGE 21ST CENTURY FOUNDATION 800 MAINE AVE SW SUITE 400 WASHINGTON DC 20024 275278038 501(C)(4) 5000000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES FUTURE FORWARD USA ACTION 611 PENNSYLVANIA AVE SE 143 WASHINGTON DC 20003 824170762 501(C)(4) 2500000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY BBT INC DBA BUILDING BACK TOGETHER 901 NEW YORK AVE NW SUITE 530 WASHINGTON DC 20001 862447747 501(C)(4) 1300000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY INDIVISIBLE PROJECT PO BOX 43884 WASHINGTON DC 20010 814944067 501(C)(4) 1000000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT LEAGUE OF CONSERVATION VOTERS INC 740 15TH ST NW SUITE 700 WASHINGTON DC 20005 521733698 501(C)(4) 445000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY ALL VOTING IS LOCAL ACTION 1400 K ST NW SUITE 800 WASHINGTON DC 20005 873894840 501(C)(4) 250000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT SIXTEEN THIRTY FUND 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 264486735 501(C)(4) 250000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT BLACK MEN VOTE CIVIC ACTION FUND 4410 MASSACHUSETTS AVE 371 WASHINGTON DC 20016 861965600 501(C)(4) 200000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT VOTO LATINO INC 1300 L STREET NW SUITE 975 WASHINGTON DC 20005 455477218 501(C)(4) 200000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT RUN FOR SOMETHING ACTION FUND PO BOX 33079 WASHINGTON DC 20033 814761176 501(C)(4) 169400 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT BLACK PROGRESSIVE ACTION COALITION 700 13TH STREET NW STE 600 WASHINGTON DC 20005 821514760 501(C)(4) 125000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY FAMILY FRIENDLY ACTION FUND 114 NORTH MAIN STREET STE 203 CONCORD NH 03301 831806898 501(C)(4) 125000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY BLUEGREEN ALLIANCE INC 2701 UNIVERSITY AVE SE STE 209 MINNEAPOLIS MN 55414 264086284 501(C)(4) 120000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY CLEAN ENERGY FOR AMERICA INC 20 GALLI DRIVE STE A NOVATO CA 94949 863168346 501(C)(4) 120000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY CALIFORNIA ENVIRONMENTAL VOTERS 350 FRANK OGAWA PLAZA SUITE 1100 OAKLAND CA 94612 943169564 501(C)(4) 50000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY NATIONAL REDISTRICTING ACTION FUND 700 13TH STREET NW SUITE 600 WASHINGTON DC 20005 820738281 501(C)(4) 50000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT AIR ALLIANCE HOUSTON 2520 CAROLINE STREET 100 HOUSTON TX 77004 760461030 501(C)(3) 47200 0 CLIMATE AND ENVIRONMENTAL ADVOCACY RESOURCES LEGACY FUND 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 954703838 501(C)(3) 25000 0 NATURAL RESOURCE CONSERVATION THE PARTNERSHIP PROJECT ACTION FUND PO BOX 65826 WASHINGTON DC 20035 810606786 501(C)(4) 15000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY 2 19 PART I, LINE 2: FBF 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. X 2 1109154 FMV 0 0 0 PART I, COLUMN (B): THIS COLUMN INCLUDES THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS AND THEN 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. 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 FBF 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 THE FBF'S WEBSITE. FORM 1024 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1024 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: FBF AND RESOURCES LEGACY FUND (RLF), AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH FBF REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF FBF. AS A PART OF THAT, FBF REIMBURSED RLF FOR PERSONNEL COSTS FOR AVI GARBOW, MICHAEL MANTELL, ROSINA BUGARIN, AND HELENA CHOI. FBF DOES NOT PAY ANY PAYROLL TAXES DIRECTLY; RESOURCES LEGACY FUND SATISFIES EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF FBF. RLF'S COMPENSATION OF $74,433 TO AVI GARBOW, $16,145 TO MICHAEL MANTELL, $27,150 TO ROSINA BUGARIN, AND $18,183 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY FBF TO RLF AND HAS BEEN REPORTED ON PART VII OF THE RETURN FOR THOSE INDIVIDUALS. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 40,054. MANAGEMENT AND GENERAL EXPENSES 10,936. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,990. CONTRACTOR EXPENSES (SEE BELOW FOR DETAILS): PROGRAM SERVICE EXPENSES 17,986,110. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,986,110. 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 ENVIRONMENTAL DOCUMENTS REQUIRED FOR PROJECTS BY GOVERNMENTAL AGENCIES, AND POLICY RESEARCH AND ANALYSIS. SHARED ASCENT FUND 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 834584093 PROMOTE THE COMMON GOOD DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITY DE 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0