CITY FUND: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CITY FUND (EIN 82-4938743)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-11
IRS object ID
202201319349303165
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-11T11:10:31-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW SUITE 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN824938743EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CITY FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCITYBusinessNameControlTxt
Phone2029225879PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19450 SW GEMINI DRIVE PMB 28552AddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP970087105ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNEERAV KINGSLANDPersonNm
Person TitleDIRECTOR & MANAGING PARTNERPersonTitleTxt
Phone2029225879PhoneNum
Signature2022-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNEERAVPersonFirstNm
Person LastKINGSLANDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK H SMITHPreparerPersonNm
PTINP00639053PTIN
Phone2022274000PhoneNum
Preparation2022-05-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerJOHN ARNOLDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19450 SW GEMINI DRIVE PMB 28552AddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP970087105ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$116,584,341GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO SUPPORT CITY-BASED NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO IMPROVE PUBLIC EDUCATION OUTCOMES FOR LOCAL CHILDREN.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$66,658,080PYContributionsGrantsAmt
CY Contributions Grants$116,580,520CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$108,566PYInvestmentIncomeAmt
CY Investment Income$3,821CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$66,766,646PYTotalRevenueAmt
CY Total Revenue$116,584,341CYTotalRevenueAmt
PY Grants And Similar Paid$59,453,001PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$70,531,499CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,897,560PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,590,493CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$225,651CYTotalFundraisingExpenseAmt
PY Other Expenses$3,956,346PYOtherExpensesAmt
CY Other Expenses$3,271,102CYOtherExpensesAmt
PY Total Expenses$68,306,907PYTotalExpensesAmt
CY Total Expenses$79,393,094CYTotalExpensesAmt
PY Revenues Less Expenses-$1,540,261PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$37,191,247CYRevenuesLessExpensesAmt
Total Assets BOY$28,108,708TotalAssetsBOYAmt
Total Assets EOY$65,263,828TotalAssetsEOYAmt
Total Liabilities BOY$3,959,107TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,922,980TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,149,601NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$61,340,848NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO SUPPORT CITY-BASED NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO IMPROVE PUBLIC EDUCATION OUTCOMES FOR LOCAL CHILDREN, AND TO MAKE INVESTMENTS TO INCREASE THE NUMBER OF HIGH-PERFORMING PUBLIC SCHOOLS IN CITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$78,005,049ExpenseAmt
Grant$70,531,499GrantAmt
DescTODAY, OUR EDUCATIONAL SYSTEM WORKS WELL FOR FAR TOO FEW CHILDREN IN THE UNITED STATES, ESPECIALLY MINORITY AND LOW-INCOME CHILDREN. THIS FAILURE NOT ONLY DEPRIVES MILLIONS OF CHILDREN OF A LEGITIMATE PATHWAY TO PURSUE GAINFUL EMPLOYMENT AND A PURPOSE-FILLED LIFE, BUT IT IS ALSO A THREAT TO THE WELLBEING OF OUR NATION.TO ADDRESS THESE SYSTEMIC CHALLENGES, THE CITY FUND INVESTS IN AND SUPPORTS CITY-BASED NONPROFIT ORGANIZATIONS DEDICATED TO INCREASING THE NUMBER OF HIGH-QUALITY PUBLIC SCHOOLS IN THEIR CITIES AND OTHERWISE IMPROVING OUTCOMES FOR LOW-INCOME AND DISADVANTAGED CHILDREN. THE CITY FUND SUPPORTS NONPROFITS THAT SHARE ITS MISSION IN THREE CORE WAYS: ADVISING; FUNDING; AND CONVENING.ADVISING: THE CITY FUND PROVIDES ADVISING AND COACHING SUPPORT TO THE LEADERS OF CITY-BASED NONPROFIT ORGANIZATIONS AIMING TO IMPROVE PUBLIC SCHOOL OUTCOMES. THE CITY FUND FOCUSES ITS ADVISING EFFORTS ON CITY-BASED NON-PROFIT ORGANIZATIONS THAT ARE PLAYING A KEY LEADERSHIP ROLE INVESTING IN THE CREATION OF NEW, HIGH-QUALITY PUBLIC SCHOOLS, FUNDING AND DEVELOPING EDUCATOR TALENT PIPELINES, ENGAGING THEIR COMMUNITY, AND SUPPORTING EDUCATION POLICY IMPROVEMENTS.FUNDING: THE CITY FUND PROVIDES FUNDING TO CITY-BASED NONPROFIT ORGANIZATIONS FOCUSED ON IMPROVING PUBLIC SCHOOLS. THROUGH THIS GRANTMAKING, THE CITY FUND MAKES STRATEGIC INVESTMENTS IN THE MOST EFFECTIVE, HIGH-IMPACT, OR PROMISING ORGANIZATIONS WORKING ON THE DEVELOPMENT AND GROWTH OF HIGH-QUALITY PUBLIC SCHOOLS AND AFFILIATED EDUCATIONAL PROGRAMMING FOR DISADVANTAGED CHILDREN.CONVENING: THE CITY FUND ALSO CONVENES CITY-BASED EDUCATION NONPROFIT LEADERS AND OTHER KEY STAKEHOLDERS IN COMMUNITIES OF PRACTICE TO FACILITATE PEER-TO-PEER LEARNING. THESE EVENTS BRING NONPROFIT LEADERS, FUNDERS, AND OTHER STAKEHOLDERS TOGETHER TO LEARN ABOUT DIFFERENT APPROACHES TO IMPROVING PUBLIC EDUCATION. THE CONVENINGS CONSIST OF CONFERENCES, WORKING GROUP MEETINGS, AND OTHER IN-PERSON MEETINGS ACROSS THE COUNTRY. THE PURPOSE OF ALL CONVENINGS IS TO UNITE THOSE WORKING TO IMPROVE OUTCOMES FOR LOW-INCOME AND OTHER DISADVANTAGED CHILDREN IN ORDER TO SHARE BEST PRACTICES AND NEW INSIGHTS.Desc
Total Program Service Expenses$78,005,049TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document19IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BEVERLY FRANCISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2029225879PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19450 SW GEMINI DRIVE PMB 28552AddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP970087105ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
NEERAV KINGSLAND
DIRECTOR & MANAGING PARTNER38.002.00Yes (X)Yes (X)$472,896$63,090$39,055
KEVIN HUFFMAN
PARTNER38.002.00$417,379$11,221$59,643Yes (X)
DAVID HARRIS
PARTNER38.002.00$392,407$36,193$56,517Yes (X)
CHRISTOPHER BARBIC
PARTNER38.002.00$413,242$15,358$50,660Yes (X)
KAMEELAH SHAHEED-DIALLO
PARTNER & COO - AS OF 7/202038.002.00Yes (X)$362,373$7,894$56,417
JESS PENA
PARTNER38.002.00$312,988$15,612$64,390Yes (X)
ETHAN GRAY
PARTNER38.002.00$303,669$24,932$59,470Yes (X)
JOHN ARNOLD
CHAIR1.001.00Yes (X)Yes (X)$0$0$0
REED HASTINGS
TREASURER1.001.00Yes (X)Yes (X)$0$0$0
WILLIAM M LEWIS JR
DIRECTOR1.001.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,674,954TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$174,300TotReportableCompRltdOrgAmt
Total Other Compensation$386,152TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
KITAMBA INC
300 BROADACRES DRIVE SUITE 150BLOOMFIELDNJ07003STRATEGIC PLANNING IN CITIES$794,681
WYATT GABRIELLE
71 W 85TH STREET APT 1ANEW YORKNY10024LEADERSHIP DEVELOP. CONSULTING$403,981
HOPE STREET CONSULTING LLC
251 NORWOOD AVENUECRANSTONRI02905STRATEGIC CONSULTING$241,280
EDUCATION ANALYTICS INC
110 E MAIN STREET SUITE 1000MADISONWI53703STRATEGIC CONSULTING$157,800
KEVIN GALLAGHER
239 CEDAR STREETWARWICKRI02818STRATEGIC CONSULTING$122,500
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
All Other Contributions$116,580,520AllOtherContributionsAmt
Total Contributions$116,580,520TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,821TotalRevenueColumnAmt
Exclusion$3,821ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$116,584,341TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,821ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$70,531,499TotalAmt
Program Services$70,531,499ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$962,174TotalAmt
Program Services$815,254ProgramServicesAmt
Management And General$96,217ManagementAndGeneralAmt
Fundraising$50,703FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,873,497TotalAmt
Program Services$3,324,643ProgramServicesAmt
Management And General$412,248ManagementAndGeneralAmt
Fundraising$136,606FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$116,712TotalAmt
Program Services$99,952ProgramServicesAmt
Management And General$12,430ManagementAndGeneralAmt
Fundraising$4,330FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$412,024TotalAmt
Program Services$352,001ProgramServicesAmt
Management And General$43,555ManagementAndGeneralAmt
Fundraising$16,468FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$226,086TotalAmt
Program Services$179,819ProgramServicesAmt
Management And General$31,694ManagementAndGeneralAmt
Fundraising$14,573FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$146,285TotalAmt
Management And General$146,285ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,815TotalAmt
Management And General$24,815ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,789,635TotalAmt
Program Services$2,635,086ProgramServicesAmt
Management And General$154,549ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,876TotalAmt
Program Services$220ProgramServicesAmt
Management And General$6,656ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$129,266TotalAmt
Program Services$35,548ProgramServicesAmt
Management And General$90,831ManagementAndGeneralAmt
Fundraising$2,887FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$19,082TotalAmt
Program Services$17,899ProgramServicesAmt
Management And General$1,099ManagementAndGeneralAmt
Fundraising$84FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$13,946TotalAmt
Program Services$12,089ProgramServicesAmt
Management And General$1,857ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,159TotalAmt
Management And General$20,159ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
STAFF DEVELOPMENT$88,557$88,557
MISCELLANEOUS$16,648$16,116$532
LICENSES/REGISTRATIONS$15,833$15,326$507

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$79,393,094TotalAmt
Program Services$78,005,049ProgramServicesAmt
Management And General$1,162,394ManagementAndGeneralAmt
Fundraising$225,651FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,500,000BOYAmt
EOY$1,505,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$19,607,611BOYAmt
EOY$61,729,045EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,969,872BOYAmt
EOY$2,000,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,225BOYAmt
EOY$29,783EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$28,108,708BOYAmt
EOY$65,263,828EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$182,993BOYAmt
EOY$505,139EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,718,500BOYAmt
EOY$1,980,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$633,947BOYAmt
EOY$888,415EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$423,667BOYAmt
EOY$549,426EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,959,107BOYAmt
EOY$3,922,980EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,912,247BOYAmt
EOY$43,694,221EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,237,354BOYAmt
EOY$17,646,627EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,149,601BOYAmt
EOY$61,340,848EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,108,708BOYAmt
EOY$65,263,828EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$37,191,247ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,949,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$78,978,333CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,658,080CurrentTaxYearMinus1YearAmt
Current Tax Year$116,580,520CurrentTaxYearAmt
Total$264,165,933TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,949,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$78,978,333CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,658,080CurrentTaxYearMinus1YearAmt
Current Tax Year$116,580,520CurrentTaxYearAmt
Total$264,165,933TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$148,040,603SubstantialContributorsTotAmt
Public Support Total170$116,125,330PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$108,566CurrentTaxYearMinus1YearAmt
Current Tax Year$3,821CurrentTaxYearAmt
Total$112,387TotalAmt
FieldValueIRS element (for citing)
Total Support$264,278,320TotalSupportAmt
Gross Receipts Rltd Activities$4,000GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, COLUMN (E):FormAndLineReferenceDesc
ExplanationAS THE CITY FUND WAS INCORPORATED ON MARCH 20, 2018, A SHORT PERIOD RETURN WAS FILED FOR THE PERIOD ENDED JUNE 30, 2018.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATEDesc
Amt$549,426Amt
FieldValueIRS element (for citing)
Total Liability$549,426TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE CITY FUND ENTERED INTO AN AGREEMENT WITH LAURA AND JOHN ARNOLD FOUNDATION TO ACT AS A TRUSTEE FOR FUNDS RELATED TO A GROUP PROJECT. AS PART OF THE ARRANGEMENT, THE CITY FUND MUST PAY THE FUNDS TO THE APPROVED GRANTEES AS OUTLINED IN THE AGREEMENT BETWEEN THE TWO ORGANIZATIONS.
PART X, LINE 2:THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (56 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
THE MIND TRUST INC
1630 N MERIDIAN STREET SUITE 450INDIANAPOLISIN46202204560286501(C)(3)$14,957,500OPERATING SUPPORT
NEW SCHOOLS BATON ROUGE
100 LAFAYETTE STREET FLOOR 2BATON ROUGELA70801453843085501(C)(3)$10,218,334OPERATING SUPPORT, SCHOOL LAUNCH
NEW JERSEY CHILDREN'S FOUNDATION
142 LAFAYETTE STREETNEWARKNJ07105831290193501(C)(3)$7,275,000OPERATING SUPPORT
EDUCATION FORWARD DC
1805 7TH STREET NW 6TH FLOORWASHINGTON DCDC20001811823628501(C)(3)$6,525,000OPERATING SUPPORT
CAMDEN EDUCATION FUND
2112 LOMBARD STREETPHILADELPHIAPA19146843991160501(C)(3)$4,467,500OPERATING SUPPORT
PACIFIC CHARTER SCHOOL DEVELOPMENT
600 WILSHIRE BOULEVARD SUITE 200LOS ANGELESCA90017200696786501(C)(3)$3,000,000OPERATING SUPPORT
REDEFINED ATLANTA
112 KROG STREETATLANTAGA30307812554172501(C)(3)$2,714,688OPERATING SUPPORT
UNCOMMON SCHOOLS
826 BROADWAY 7TH FLOORNEW YORKNY10003311488698501(C)(3)$2,562,500OPERATING SUPPORT
FT WORTH EDUCATION PARTNERSHIP
1504 COLLEGE AVENUEFORT WORTHTX71604850658869501(C)(3)$2,400,000OPERATING SUPPORT
THE OPPORTUNITY TRUST
4220 DUNCAN AVENUE SUITE 201ST LOUISMO63110821838644501(C)(3)$2,000,000OPERATING SUPPORT
ROOTED
1390 LAWRENCE STREET SUITE 200DENVERCO80204823215105501(C)(3)$1,702,500OPERATING SUPPORT
MEMPHIS EDUCATION FUND
1350 CONCOURSE AVENUE SUITE 434MEMPHISTN38104473660677501(C)(3)$1,669,500OPERATING SUPPORT
NEW SCHOOLS FOR NEW ORLEANS
1555 POYDRAS SREET SUITE 781NEW ORLEANSLA70112020773717501(C)(3)$1,100,000OPERATING SUPPORT
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
326 GALVEZ STREETSTANFORDCA94305941156365501(C)(3)$1,014,957RESEARCH
SAN JOAQUIN A
6731 HERNDON PLACESTOCKTONCA95219510536117501(C)(3)$1,000,000OPERATING SUPPORT
HOPE DEVELOPMENT CORPORATION
260 WEST EXCHANGE STREET SUITE 100PROVIDENCERI02903862063114501(C)(3)$742,000FACILITIES SUPPORT
KIPP NASHVILLE
PO BOX 78126NASHVILLETN37207202799123501(C)(3)$720,000OPERATING SUPPORT
THE OAKLAND REACH
333 HEGENBERGER ROAD SUITE 750OAKLANDCA94621831289590501(C)(3)$600,000OPERATING SUPPORT
FRIENDS OF EXCEL ACADEMY
58 MOORE STREETEAST BOSTONMA02128300211613501(C)(3)$514,980OPERATING SUPPORT
VALOR COLLEGIATE
4527 NOLENSVILLE PIKENASHVILLETN37211461413472501(C)(3)$448,045OPERATING SUPPORT
CHIEFS FOR CHANGE
1455 PENNSYLVANIA AVENUE SUITEWASHINGTON DCDC20004472373903501(C)(3)$442,875OPERATING SUPPORT400-311
NASHVILLE CLASSICAL
1310 ORDWAY PLACENASHVILLETN37206451137291501(C)(3)$360,000OPERATING SUPPORT
NATIONAL PARENTS UNION
388 PLEASANT STREET SUITE 305MALDENMA02148834333274501(C)(3)$336,000COMMUNICATIONS SUPPORT
SILICON SCHOOLS FUND
827 BROADWAY SUITE 300OAKLANDCA94607454860788501(C)(3)$300,000OPERATING SUPPORT
THE 74 MEDIA INC
222 BROADWAY 19TH FLOOR WEWORKNEW YORKNY10038472788684501(C)(3)$300,000COMMUNICATIONS SUPPORT
ACHIEVEMENT FIRST
370 JAMES STREET SUITE 404NEW HAVENCT06513651203744501(C)(3)$250,000OPERATING SUPPORT
CENTER FOR BLACK EDUCATOR DEVELOPMENT
7901 HIDDEN LANEELKINS PARKPA19027501(C)(3)$250,000COMMUNCIATIONS OPERATING SUPPORT
GEORGIA CHARTER SCHOOLS ASSOCIATION
LENOX CENTER 3355 LENOX ROAD SUITEATLANTAGA30326582617404501(C)(3)$250,000OPERATING SUPPORT440
BRIGHTBEAM
1360 N MILWAUKEE AVENUE APT 3CHICAGOIL60622470988089501(C)(3)$200,000LEADERSHIP SUPPORT
COMMUNITY FOUNDATION OF NEW JERSEY
PO BOX 338MORRISTOWNNJ07963222281783501(C)(3)$200,000LEADERSHIP SUPPORT
REPUBLIC SCHOOLS
1300 56TH AVENUE NORTHNASHVILLETN37209273342540501(C)(3)$160,000OPERATING SUPPORT
THIRDWAY FOUNDATION INC
1200 NEW HAMPSHIRE AVE SUITE 575WASHINGTON DCDC20005521629221501(C)(3)$142,000OPERATING SUPPORT
THOMAS B FORDHAM INSTITUTE
1016 16TH STREET NW 8TH FLOORDCDC20036311816446501(C)(3)$125,000OPERATING SUPPORT
INTREPID COLLEGE PREP
5432 BELL FORGE LANE EASTANTIOCHTN37013454616636501(C)(3)$120,000OPERATING SUPPORT
GEORGETOWN UNIVERSITY
37TH AND O STREETS NWWASHINGTON DCDC20007530196603501(C)(3)$105,000COMMUNICATIONS SUPPORT
BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS
1125 W MAPLE STREET 210 ADMINISTRATFAYETTEVILLEAR72701716056774501(C)(3)$100,000RESEARCHON BUILDING
GREATER NEW ORLEANS FOUNDATION
919 ST CHARLES AVENUENEW OLREANSLA70130720408921501(C)(3)$100,000ORGANIZATION LAUNCH
KIPP PHILADELPHIA PUBLIC SCHOOLS
5070 PARKSIDE AVENUE SUITE 3500DPHILADELPHIAPA19131452384209501(C)(3)$100,000OPERATING SUPPORTMAILBOX 41
LATINOS FOR EDUCATION
275 PAYSON ROADBELMONTMA02478812883649501(C)(3)$100,000OPERATING SUPPORT
MOSAIC CHANGEMAKERS
PO BOX 90221NASHVILLETN37209844321038501(C)(3)$100,000TALENT SUPPORT
NEW SCHOOLS FOR ALABAMA
TWO 20TH STREET N SUITE 1315BIRMINGHAMAL35203463827127501(C)(3)$100,000OPERATING SUPPORT
BATON ROUGE ALLIANCE FOR STUDENTS ACTION
301 MAIN STREET SUITE 2208BATON ROUGELA70802862832019501(C)(4)$83,800OPERATING SUPPORT
BATON ROUGE AREA FOUNDATION
100 NORTH STREET SUITE 900BATON ROUGELA70802726030391501(C)(3)$75,000OPERATING SUPPORT
BLACK GIRLS VOTE 4 HER
40 W CHESAPEAKE AVENUE STREET 212TOWSONMD21204812583545501(C)(3)$75,000OPERATING SUPPORT
CAMELBACK VENTURES INC
612 ANDREW HIGGINS BLVD FLOOR 3NEW ORLEANSLA70130463169470501(C)(3)$75,000OPERATING SUPPORT
INSPIRENOLA CHARTER SCHOOLS
2401 WESTBEND PARKWAY SUITE 4040NEW ORLEANSLA70114460675150501(C)(3)$75,000COMMUNICATIONS OPERATING SUPPORT
THE CENTURY FOUNDATION
1 WHITEHALL STREET FLOOR 15NEW YORKNY10004131624235501(C)(3)$74,970COMMUNICATIONS SUPPORT
NATIONAL CHARTER COLLABORATIVE
605 SW 108TH STREETSEATTLEWA98146811471458501(C)(3)$50,000COMMUNICATIONS SUPPORT
T GARY & KATHLEEN ROGERS PRIVATE FAMILY FOUNDATION
10 CLAY STREET SUITE 200OAKLANDCA94607651202020501(C)(3)$50,000OPERATING SUPPORT
UNITED SCHOOLS NETWORK
1469 E MAIN STREETCOLUMBUSOH43205462265149501(C)(3)$50,000OPERATING SUPPORT
EDUCATION NEXT
46 RANDLETT PARKWEST NEWTONMA02465822843396501(C)(3)$37,500COMMUNICATIONS SUPPORT
DIVERSE CHARTER SCHOOLS COALITION
26 BROADWAY 8TH FLOOR 1010NEW YORKNY10004452849094501(C)(3)$33,350OPERATING SUPPORT
GREAT MN SCHOOLS
1330 LAGOON AVENUE 4TH FLOORMINNEAPOLISMN55408811733895501(C)(3)$25,000OPERATING SUPPORT
NATIONAL CONFERENCE ON CITIZENSHIP
1920 L STREET NW SUITE 450DCDC20036520698385501(C)(3)$25,000VOTER MOBILIZATION
BRAVEN
50 PARK PLACE SUITE 200NEWARKNJ07102464340594501(C)(3)$20,000COMMUNICATIONS SUPPORT
EQUITY INSTITUTE
225 DYER STREET 2ND FLOORPROVIDENCERI02903834472785501(C)(3)$8,500OPERATING SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org55Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CITY FUND EXECUTES A GRANT AGREEMENT WITH EACH GRANTEE AND MAINTAINS RECORDS TO SUBSTANTIATE THE GRANTS, GRANTEE ELIGIBILITY, AND SELECTION CRITERIA. THE MONITORING PROCESS REQUIRES GRANTEE PROVIDES DETAIL OF EXPENSES INCURRED DURING GRANT TERM. ADDITIONALLY, RECORDS ARE REVIEWED BY STAFF AND MANAGEMENT TO ENSURE THAT ONLY PERMISSIBLE ACTIVITY IS PAID FOR UNDER GRANT TERMS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
NEERAV KINGSLAND
DIRECTOR & MANAGING PARTNER$472,896$63,090$0$0$0$0$12,573$1,677$21,885$2,920$507,354$67,687$0$0
KEVIN HUFFMAN
PARTNER$417,379$11,221$0$0$0$0$13,877$373$44,205$1,188$475,461$12,782$0$0
DAVID HARRIS
PARTNER$392,407$36,193$0$0$0$0$13,047$1,203$38,698$3,569$444,152$40,965$0$0
CHRISTOPHER BARBIC
PARTNER$413,242$15,358$0$0$0$0$12,918$480$35,927$1,335$462,087$17,173$0$0
KAMEELAH SHAHEED-DIALLO
PARTNER & COO - AS OF 7/2020$362,373$7,894$0$0$0$0$13,946$304$41,268$899$417,587$9,097$0$0
JESS PENA
PARTNER$312,988$15,612$0$0$0$0$13,573$677$47,758$2,382$374,319$18,671$0$0
ETHAN GRAY
PARTNER$303,669$24,932$0$0$0$0$13,169$1,081$41,789$3,431$358,627$29,444$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE CITY FUND DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF CITY FUND ACTION A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(4). TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: - WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING; - WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE CITY FUND DOES NOT HAVE ANY COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE CITY FUND HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON SUBMISSION OF THE DRAFT, THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE, MANAGING PARTNER, AND BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
FORM 990, PART VI, SECTION C, LINE 19THE CITY FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CITY FUND ACTIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16312 SEVEN CORNERS CENTER 354AddressLine1Txt
CityFALLS CHURCHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22044ZIPCd
FieldValueIRS element (for citing)
EIN825515918EIN
Primary ActivitiesEDUCATIONALPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(C)(4)ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CITY FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CITY FUND ACTION
O$5,590,493COST
CITY FUND ACTION
P$5,590,493COST

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.