2022-09-28T15:36:47-05:00 2021-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2021-01-01 237213592 THE ROOSEVELT INSTITUTE ROOS 2124449130 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 FELICIA J WONG PRESIDENT AND CEO 2124449130 2022-09-27 1 FELICIA WONG 999009999 ALEXANDER LAZZARUOLO P01775353 2126617777 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z FELICIA J WONG 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 14914050 0 X WWW.ROOSEVELTINSTITUTE.ORG X 1987 NY TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY. 23 23 75 23 0 0 20854405 14514092 0 0 13772 24343 357843 23304 21226020 14561739 299166 2822797 0 0 5502737 6705460 71800 115000 670895 2087462 2717998 7961165 12361255 13264855 2200484 35959001 39947474 857693 817295 35101308 39130179 X SEE SCHEDULE O 0 0 7466303 2746997 THINK TANK: SEE SCHEDULE O. 839528 60700 NETWORK: SEE SCHEDULE O. 664979 15100 FDR LIBRARY: SEE SCHEDULE O. 8970810 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 126 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X KATARINA K DUPLESSY THE ROOSEVELT INSTITUTE 2124449130 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 ANNA ELEANOR ROOSEVELT CHAIR 2.00 X X 0 0 0 WILLIAM VANDEN HEUVEL CHAIR EMERITUS 2.00 X X 0 0 0 WOLE COAXUM TREASURER 2.00 X X 0 0 0 CANTWELL MUCKENFUSS III SECRETARY 2.00 X X 0 0 0 PAUL SPARROW FRDL DIRECTOR, EX OFFICIO 2.00 X X 0 0 0 KAREN ADLER BOARD MEMBER 2.00 X 0 0 0 KATE BRANDT BOARD MEMBER 2.00 X 0 0 0 ADAM CONNER BOARD MEMBER 2.00 X 0 0 0 LISA COOK BOARD MEMBER 2.00 X 0 0 0 ABDUL EL-SAYED BOARD MEMBER 2.00 X 0 0 0 CHRISTIE GEORGE BOARD MEMBER 2.00 X 0 0 0 JAMES P HOFFA BOARD MEMBER 2.00 X 0 0 0 PERRIN IRELAND BOARD MEMBER 2.00 X 0 0 0 NANCY ROOSEVELT IRELAND BOARD MEMBER 2.00 X 0 0 0 JAS JOHL BOARD MEMBER 2.00 X 0 0 0 DARLA KASHIAN BOARD MEMBER 2.00 X 0 0 0 KEITH MESTRICH BOARD MEMBER 2.00 X 0 0 0 SALLY MINARD BOARD MEMBER 2.00 X 0 0 0 NICHOLAS W ROOSEVELT BOARD MEMBER 2.00 X 0 0 0 PHOEBE ROOSEVELT BOARD MEMBER 2.00 X 0 0 0 BERNARD SCHWARTZ BOARD MEMBER 2.00 X 0 0 0 DAWN SMALLS BOARD MEMBER 2.00 X 0 0 0 KATRINA VANDEN HEUVEL BOARD MEMBER 2.00 X 0 0 0 RANDI WEINGARTEN BOARD MEMBER 2.00 X 0 0 0 BRIAN WOLFF BOARD MEMBER 2.00 X 0 0 0 FELICIA WONG PRESIDENT & CEO, EX OFFICIO 40.00 X 351038 0 38166 KATARINA K DUPLESSY CHIEF FINANCIAL OFFICER 40.00 X 199084 0 35190 JEFFREY KREHELY CHIEF OPERATING OFFICER 40.00 X 124997 0 11684 SCOTT MILLSTEIN CHIEF ADMINISTRATIVE OFFICER 40.00 X 153163 0 374 MARISSA GUANANJA CHIEF PROGRAM OFFICER 40.00 X 110834 0 8626 PATRICIA PRUNTY CHIEF DEVELOPMENT OFFICER 40.00 X 150470 0 6691 CAMELLIA PHILLIPS SVP OPERATIONS 40.00 X 172815 0 39924 STEPHANIE STERLING VP AND SR ADVISOR 40.00 X 188386 0 8177 MICHAEL KONCZAL DIR. PROGR. THOUGHT 40.00 X 167728 0 17801 SUZANNE KAHN MG DIR, RESEARCH & POLICY 40.00 X 144839 0 42022 1763354 0 208655 20 0 1 0 JEE KIM DBA NEW GRAVITY LLC 3323 HICKOK PLACE BOULDER CO 80301 PROGRAM CONSULTANT, NARRATIVE PROJECT 266000 DUFOUR & CO LLC 1901 N FORT MYER DRIVE ARLINGTON VA 22209 WEBINARS AND SPECIAL EVENT MGMT 146694 BOOST SOCIAL SECTOR CONSULTING LLC 9021 LINDALE DRIVE BETHESDA MD 20817 STRATEGIC PLANNING 140250 RMZ HOLDINGS DBA KG CONSULTING 5009 BELT RD NW WASHINGTON DC 20016 FUNDRAISING, SPECIAL EVENTS 138000 THE KREHELY PROJECT LLC PO BOX 55 PROVINCETOWN MA 02657 STRATEGIC, COMMUNICATIONS PLANNING 130000 5 550634 13963458 7483 14514092 24099 24099 54001 53757 244 244 244 0 550634 298554 -298554 -298554 OTHER INCOME 900099 321858 321858 321858 14561739 321858 0 -274211 X 2746997 2746997 75800 75800 1033157 711098 259374 62685 4488225 3087034 1129564 271627 133206 92307 32613 8286 635467 440352 155585 39530 415405 287859 101705 25841 66037 609 61152 4276 102143 941 94589 6613 115000 115000 46274 46274 1510973 955909 508029 47035 14676 14321 286 69 47677 27767 8227 11683 84193 14845 68042 1306 544124 378376 133617 32131 31369 13868 11861 5640 5708 3374 2333 1 37795 29494 6692 1609 73739 582 73157 DUES AND SUBSCRIPTIONS 153290 89277 26450 37563 12361255 8970810 2719550 670895 10976216 9087556 4804972 8026425 6682119 7603790 31635 20524 162211 88572 102434 73639 12838637 14620750 522988 514790 35959001 39947474 480769 532003 376924 285292 857693 817295 X 15037790 22631442 20063518 16498737 35101308 39130179 35959001 39947474 2200484 1828387 0 X 0 1 X 1 0 X 7191613 9591615 8524735 20854405 14514092 60676460 7191613 9591615 8524735 20854405 14514092 60676460 22000947 38675513 352454 366988 403665 106433 24099 1253639 509334 141534 257750 262568 321858 1493044 63423143 0.60980 0.55570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 509,334. 2018 AMOUNT: $ 141,534. 2019 AMOUNT: $ 257,750. 2020 AMOUNT: $ 262,568. 2021 AMOUNT: $ 321,858. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3695 19998 23693 12337562 12361255 768063 192016 0 0 487683 555930 548058 768063 2359734 3539601 16860 8150 27035 23693 75738 121921 138983 137015 192016 589935 884903 3695 3695 168951 X X X 0 27853596 10404125 1782114 9565524 30474311 16137946 16789420 1072956 6146726 27853596 14217445 6200025 1857785 6137309 16137946 13264866 7775789 -381831 6441379 14217445 11529903 4799303 1455081 4519421 13264866 0.45860 0.54140 0 0 69608 31018 38590 31353 25031 6322 61250 32523 28727 73639 CF INST. MULTI-STRATEGY EQUITY FUND 9147376 F CF INST. MULTI-STRATEGY BOND FUND 5473374 F 14620750 16343852 1828387 1828387 14515465 46274 46274 14561739 12314981 0 12314981 46274 46274 12361255 PART III, LINE 4: THE INSTITUTE'S ARTWORK IS DISPLAYED IN THE FDR'S LIBRARY'S VISITOR CENTER. THE ARTWORK IS STATED AT THE COST. THE INSTITUTE ALSO HOLDS A COLLECTION OF AUTOGRAPHS OF FDR, BOOKS AND DOCUMENTS, WHICH ARE STORED AT THE FDR LIBRARY. THE COLLECTION IS STATED AT THE APPRAISED VALUE AT THE DATE OF DONATION. PART V, LINE 4: THE INSTITUTE MAINTAINS VARIOUS DONOR-RESTRICTED AND BOARD-DESIGNATED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG-TERM SUPPORT FOR THE CHARITABLE PROGRAMS OF THE INSTITUTE. X X X X 1 RMZ HOLDINGS DBA KG CONSULTING 5009 BELT ROAD NW WASHINGTON DC 20016 FUNDRAISING COUNSEL 0 0 115000 0 115000 NY DPSA 405850 405850 107819 FFA 144784 144784 190735 550634 550634 298554 298554 -298554 1 AMALGAMATED CHARITABLE FOUNDATION INC 1825 K ST NW WASHINGTON DC 20006 821517696 501 (C) (3) 2631579 0 POWER BUILDING FUND (FUND ID 21946) THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 615 WEST 131ST STREET MC 8741 NEW YORK NY 10027 135598093 501 (C) (3) 85000 0 GRANT PAYMENT FOR MASON FELLOWSHIP (1/21-6/22) RESEARCH FOUNDATION OF CITY UNIVERSITY OF NEW YORK 230 W 41ST ST NEW YORK NY 10036 131988190 501 (C) (3) 28418 0 2021 GRANT FOR J. STIGLITZ POST DOC 3 NETWORK - STIPENDS 52 60700 THINK TANK - AWARDS 4 6500 PART I, LINE 2: THINK TANK GRANT - AMALGAMATED CHARITABLE FOUNDATION THE ROOSEVELT INSTITUTE HAS ENGAGED THE AMALGAMATED CHARITABLE FOUNDATION TO MANAGE GRANTMAKING FOR ONE OF ITS PROGRAMS. ALL ACTIVITIES UNDER THIS GRANT ARE GOVERNED BY THE MEMORANDUM OF UNDERSTANDING BETWEEN THE ROOSEVELT INSTITUTE AND AMALGAMATED CHARITABLE FOUNDATION, EXECUTED 1/26/2021. THINK TANK GRANT - RESEARCH FOUNDATION OF CITY UNIVERSITY OF NEW YORK JW MASON WILL PRODUCE TWO AUTHORED OR CO-AUTHORED PAPERS RELATED TO MACROECONOMICS AND THE CONTINUED DEBATE OVER THE ECONOMIC RECOVERY IN 2021 AND 2022 AND 2 AUTHORED BLOG POSTS AND REVIEW OF 4 BLOG POSTS AND 1 PAPER BY ROOSEVELT PEERS. MASON WILL ALSO SERVE ON AND SUPPORT THE DEVELOPMENT OF A NEW MACROECONOMIC ANALYSIS TEAM AT THE THINK TANK, HELPING INFORM THE RESEARCH AND WRITING OF THE PROGRAM STAFF AND FELLOWS WHICH WILL INCLUDE A WEEKLY MEETING WITH THE ROOSEVELT INSTITUTE DIRECT REPORT. THINK TANK GRANT - COLUMBIA UNIVERSITY, INITIATIVE FOR POLICY DIALOGUE RESEARCH FUNDS FROM THIS GRANT WILL SUPPORT RESEARCH AT THE INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA UNIVERSITY LED BY UNIVERSITY PROFESSOR JOSEPH STIGLITZ. FUNDS WILL BE USED IN CONTINUED SUPPORT OF A POSTDOCTORAL RESEARCHER WHO WILL COORDINATE WITH MEMBERS OF THE ROOSEVELT PROGRAM TO CONDUCT THEORETICAL AND EMPIRICAL RESEARCH EXPLORING THE ROLE OF RENT-SEEKING IN GIVING RISE TO INEQUALITY AND DETERMINANTS OF INEQUALITY-GENERATING RENT SEEKING IN THE US AND OTHER ECONOMIES. JOSEPH STIGLITZ WILL CAREFULLY OVERSEE THIS PROJECT AND MONITOR THE WORK OF THE POSTDOCTORAL RESEARCHER. LIBRARY GRANTS THIS PROGRAM FUNDS RESEARCHERS AT THE FDR PRESIDENTIAL LIBRARY TO CONDUCT RESEARCH IN THE ARCHIVES. TO RECEIVE A GRANT, THE APPLICANT MUST FILL OUT AN APPLICATION, WHICH INCLUDES A DESCRIPTION OF THE RESEARCH, LETTERS OF RECOMMENDATION, A BIBLIOGRAPHY AND A BUDGET. THE APPLICATIONS ARE REVIEWED BY A COMMITTEE OF SCHOLARS AND THE SENIOR ARCHIVIST AT THE FDR LIBRARY TO DETERMINE THE VIABILITY OF THE PROJECT, THE RELEVANCE OF THE LIBRARY'S HOLDINGS TO THE PROJECT, AND THE APPROPRIATENESS OF THE BUDGET. ONCE AN INDIVIDUAL IS AWARDED A GRANT, THEY ARE NOTIFIED BY LETTER (EMAIL) BY THE CHAIR OF THE GRANTS-IN-AID COMMITTEE. THE GRANTS ARE MONITORED BY THE SENIOR ARCHIVIST OF THE FRL LIBRARY. X 0 0 0 0 0 0 0 0 0 FELICIA WONG PRESIDENT & CEO, EX OFFICIO 334875 0 16163 0 0 0 11000 0 27166 0 389204 0 0 0 KATARINA K DUPLESSY CHIEF FINANCIAL OFFICER 199084 0 0 0 0 0 8158 0 27032 0 234274 0 0 0 CAMELLIA PHILLIPS SVP OPERATIONS 170815 0 2000 0 0 0 7198 0 32726 0 212739 0 0 0 STEPHANIE STERLING VP AND SR ADVISOR 186386 0 2000 0 0 0 7535 0 642 0 196563 0 0 0 SUZANNE KAHN MG DIR, RESEARCH & POLICY 142839 0 2000 0 0 0 6145 0 35877 0 186861 0 0 0 MICHAEL KONCZAL DIR. PROGR. THOUGHT 165728 0 2000 0 0 0 6909 0 10892 0 185529 0 0 0 PATRICIA PRUNTY CHIEF DEVELOPMENT OFFICER 148470 0 2000 0 0 0 6019 0 672 0 157161 0 0 0 SCOTT MILLSTEIN CHIEF ADMINISTRATIVE OFFICER 143163 0 10000 0 0 0 0 0 374 0 153537 0 0 0 FORM 990, PART III, LINE 1 UNTIL ECONOMIC AND SOCIAL RULES WORK FOR ALL AMERICANS, THEY'RE NOT WORKING. INSPIRED BY THE LEGACY OF FRANKLIN AND ELEANOR, THE ROOSEVELT INSTITUTE RE-IMAGINES THE RULES TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY. WE ARE A 21ST CENTURY THINK TANK BRINGING TOGETHER MULTIPLE GENERATIONS OF THINKERS AND LEADERS TO HELP DRIVE KEY ECONOMIC AND SOCIAL DEBATES AND HAVE LOCAL AND NATIONAL IMPACT. WE ADVANCE THIS MISSION THROUGH THE WORK OF OUR STAFF, FELLOWS, A NETWORK OF STUDENTS AND ALUMNI, AND OUR PARTNERS AT THE FDR PRESIDENTIAL LIBRARY. FORM 990, PART III, LINE 4A THINK TANK: ROOSEVELT'S ECONOMIC AND SOCIAL POLICY THINK TANK SUPPORTS A DIVERSE SET OF OUTSTANDING THOUGHT LEADERS AS THEY TACKLE THE MOST PRESSING ECONOMIC ISSUES CONFRONTING OUR NATION. OUR INFLUENTIAL REWRITING THE RULES ECONOMIC AGENDA PROVIDES THE GROUNDWORK FOR OUR APPROACH. IT ARGUES THAT INEQUALITY IS A CHOICE DETERMINED BY THE RULES THAT STRUCTURE OUR ECONOMY AND THESE RULES CAN BE REWRITTEN TO PROMOTE BOTH GROWTH AND SHARED PROSPERITY. OUR RESEARCH AND POLICY NARRATIVE PRIORITIES ARE: MAKING THE CASE THAT A HEALTHIER ECONOMY AND A HEALTHIER DEMOCRACY REQUIRE ALIGNING ECONOMIC AND RACIAL EQUALITY AGENDAS; ILLUMINATING CORPORATE POWER AS A SERIOUS CAUSE OF ECONOMIC DISTORTION AND MISALIGNMENT; MAKING THE CASE THAT WORKER POWER CAN BE A COUNTERVAILING FORCE TO CORPORATE POWER; EXPOSING THE ROLE OF STRUCTURAL DISCRIMINATION IN DRIVING UNEQUAL OUTCOMES; AND DEVELOPING PROACTIVE RESPONSES TO THE RAPIDLY CHANGING NATURE OF OUR ECONOMY. THROUGH STRATEGIC COMMUNICATIONS AND DEEP PARTNERSHIPS, WE BOTH AMPLIFY OUR WORK AND ENSURE IT IS USEFUL TO POLICYMAKERS AND ADVOCATES THROUGHOUT THE FIELD. FORM 990, PART III, LINE 4B NETWORK: A PROGRAM OF THE ROOSEVELT INSTITUTE, THE ROOSEVELT NETWORK DEVELOPS AND SUPPORTS UNDERGRADUATE COLLEGE STUDENTS AND EARLY CAREER PROFESSIONALS IN PARTICULAR, THOSE WHO HOLD IDENTITIES THAT HAVE HISTORICALLY BEEN DENIED POLITICAL POWER TO BE THE NEXT GENERATION OF LEADERS IN THE PROGRESSIVE POLICY ECOSYSTEM. FORM 990, PART III, LINE 4C FDR LIBRARY: THE ROOSEVELT INSTITUTE PROVIDES PROGRAM SUPPORT TO THE FRANKLIN D. ROOSEVELT PRESIDENTIAL LIBRARY AND MUSEUM, LOCATED IN HYDE PARK, NEW YORK. THE INSTITUTE PROVIDES FUNDING IN SUPPORT OF THE LIBRARY'S EDUCATIONAL AND PUBLIC PROGRAMS, AS WELL AS PERMANENT AND TEMPORARY EXHIBITS, WHICH ARE VISITED BY APPROXIMATELY 151,000 GUESTS PER YEAR. FORM 990, PART VI, SECTION A, LINE 2 KATRINA VANDEN HEUVEL AND WILLIAM VANDEN HEUVEL HAVE A FAMILY RELATIONSHIP. ANNA ELEANOR ROOSEVELT, PHOEBE ROOSEVELT, NICHOLAS W. ROOSEVELT, NANCY ROOSEVELT IRELAND AND PERRIN IRELAND HAVE A FAMILY RELATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 FORM TAX RETURN IS PREPARED BY TAX PROFESSIONALS IN COLLABORATION WITH THE INSTITUTE'S ACCOUNTING AND FINANCE DEPARTMENT. THE RETURN IS FIRST REVIEWED BY CFO, WHO PROPOSES AND DISCUSSES EDITS WITH THE INDEPENDENT AUDITORS. THE REVISED RETURN IS SUBMITTED TO AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE REVIEWS THE RETURN AND RECOMMENDS REVISIONS. THE FINAL DRAFT OF THE RETURN IS SHARED WITH THE ENTIRE BOARD OF DIRECTORS. THE DIRECTORS ARE GIVEN UP TO 14 DAYS TO REVIEW AND RAISE QUESTIONS TO THE AUDIT COMMITTEE. AFTER THE REVIEW PERIOD, THE AUDIT COMMITTEE INSTRUCTS CFO TO PREPARE AND FILE THE FINAL TAX RETURNS. FORM 990, PART VI, SECTION B, LINE 12C 1. EACH YEAR, IN DECEMBER, THE OFFICE OF THE PRESIDENT AND CEO DISTRIBUTES CONFLICT OF INTEREST FORMS TO ALL DIRECTORS OF THE BOARD. 2. DIRECTORS COMPLETE THE FORMS AND DISCLOSE CONFLICT OF INTEREST IF ANY. 3. DIRECTORS RETURN SIGNED FORMS TO THE OFFICE OF THE PRESIDENT AND CEO. 4. THE FORMS ARE SCANNED AND ELECTRONIC COPIES ARE RETAINED IN THE BOARD FILES. FORM 990, PART VI, SECTION B, LINE 15 1. EACH YEAR, IN DECEMBER, THE PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE OF THE BOARD REVIEW THE EXECUTIVE COMPENSATION IN THE CONTEXT BOTH OF ACCOMPLISHMENTS FOR THE PRIOR YEAR AND THE NEXT YEAR'S ANNUAL BUDGET. 2. AT THE END OF THE REVIEW, THE PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE DECIDE ON THE EXECUTIVE SALARY INCREASE AND AN ANNUAL BONUS, IF ANY. 3. THE SALARY AND BONUS DECISION, ALONG WITH THE EVALUATION OF THE EXECUTIVE PERFORMANCE, ARE SHARED WITH THE BOARD OF DIRECTORS IN A CLOSED SESSION. 4. THE BOARD OF DIRECTORS REVIEWS THE PROPOSED CHANGES TO THE EXECUTIVE COMPENSATION AND MAKES THE FINAL DECISION. 5. THE DECISION IS COMMUNICATED TO THE PRESIDENT AND CEO AND CFO BY THE PRESIDENT OF THE BOARD. 6. THE DECISION IS FILED IN THE PRESIDENT AND CEO'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON-LINE WITH GUIDESTAR. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 955,909. MANAGEMENT AND GENERAL EXPENSES 508,029. FUNDRAISING EXPENSES 47,035. TOTAL EXPENSES 1,510,973.