2025-06-24T15:07:38-05:00 2024-12-31 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-01-01 364764467 JUST CAPITAL FOUNDATION INC JUST 6468542141 44 EAST 30TH STREET 11TH FLOOR NEW YORK NY 10016 MARTIN WHITTAKER CHIEF EXECUTIVE OFFICER 6468542141 2025-06-16 1 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-06-16 2024 2025-03-06 01:10:19Z MARTIN WHITTAKER 44 EAST 30TH STREET 11TH FLOOR NEW YORK NY 10016 11808522 0 X JUSTCAPITAL.COM X 2013 DE THE MISSION OF JUST CAPITAL, AN INDEPENDENT NONPROFIT, IS TO DEMONSTRATE HOW JUST BUSINESS DEFINED BY THE PRIORITIES OF THE AMERICAN PUBLIC IS BETTER BUSINESS. 28 28 60 28 0 0 9588336 11041028 769541 680764 17965 7075 0 79655 10375842 11808522 0 525000 0 0 10458093 7856227 0 0 846462 2082682 2284399 12540775 10665626 -2164933 1142896 4243276 5019521 2746143 2379492 1497133 2640029 X JUST CAPITAL'S MISSION IS TO BUILD A MORE JUST ECONOMY THAT WORKS FOR ALL AMERICANS BY HELPING COMPANIES IMPROVE HOW THEY SERVE ALL THEIR STAKEHOLDERS - WORKERS, CUSTOMERS, COMMUNITIES, THE ENVIRONMENT, AND SHAREHOLDERS - AS DEFINED BY THE PUBLIC. 0 0 8567180 525000 680764 JUST CAPITAL IS THE ONLY INDEPENDENT NONPROFIT THAT TRACKS, ANALYZES, AND ENGAGES WITH LARGE CORPORATIONS AS WELL AS THEIR INVESTORS ON HOW THEY PERFORM ON THE AMERICAN PUBLIC'S PRIORITIES. OUR RESEARCH, RANKINGS, INDEXES, AND DATA-DRIVEN TOOLS EMPOWER ALL MARKET PARTICIPANTS TO HELP BUILD AN ECONOMY THAT WORKS FOR ALL AMERICANS. WE POLL AMERICANS EVERY YEAR TO IDENTIFY THE ISSUES THAT MATTER MOST IN DEFINING JUST BUSINESS BEHAVIOR TODAY. WE THEN DEFINE METRICS THAT MAP TO THOSE ISSUES AND TRACK AND ANALYZE THE LARGEST, PUBLICLY TRADED U.S. COMPANIES. SINCE 2015 WE'VE SURVEYED NEARLY 185,000 AMERICANS ON THEIR PRIORITIES FOR CAPITALISM AND JUST BUSINESS BEHAVIOR. OUR SURVEY RESEARCH NOT ONLY PROVIDES A CLEAR ROADMAP FOR WHAT ISSUES MATTER MOST TO THE AMERICAN PUBLIC WHEN IT COMES TO JUST BUSINESS BEHAVIOR, BUT ALSO DETAILS TIMELY, RELEVANT INSIGHTS INTO AMERICAN SENTIMENTS INTO THE MOST CRITICAL ISSUES OF OUR TIME.IN 2024, WE TRACKED, ANALYZED, AND RANKED 940 COMPANIES ACROSS FIVE STAKEHOLDER GROUPS, 17 ISSUES, AND 88 DATA POINTS. OF THESE COMPANIES, 560 REGISTERED FOR OUR CORPORATE PORTAL AND 274 ENGAGED WITH OUR DATA REVIEW PERIOD, REPRESENTING APPROXIMATELY 9 MILLION WORKERS, OVER 5% OF THE TOTAL U.S. WORKFORCE. 45% OF RANKED COMPANIES STATED THAT OUR WORK HELPED INFORM AND/OR PROMPT IMPLEMENTATION OF NEW POLICIES OR PRACTICES WITHIN THEIR ORGANIZATION, OR RESULTED IN GREATER PUBLIC DISCLOSURE. OF THOSE RESPONDENTS WHO NOTED OTHERWISE, 57% SAID THAT ENGAGEMENT WITH OUR WORK PROMPTED CONVERSATION OR CONSIDERATION ABOUT OPPORTUNITIES FOR IMPROVEMENT ON THE ISSUES WE COVER. OUR ANNUAL RANKINGS OF AMERICA'S MOST JUST COMPANIES SHOWCASED THE COMPANIES AT THE FOREFRONT OF STAKEHOLDER-DRIVEN LEADERSHIP, TRACKING HOW CORPORATE LEADERS DELIVERED VALUE TO ALL THEIR STAKEHOLDERS. IN 2024, WE CONTINUED OUR PARTNERSHIP WITH CNBC WHICH INCLUDES THE EXCLUSIVE RIGHTS TO PUBLISH THE JUST 100 LIST OF COMPANIES LEADING OUR RANKING OF AMERICA'S MOST COMPANIES, AS WELL AS ONGOING PROFILES AND SEGMENTS THAT ELEVATE STAKEHOLDER METRICS ON PAR WITH TRADITIONAL FINANCIAL METRICS TO DEFINE WHAT GOOD LOOKS LIKE REGARDING CORPORATE PERFORMANCE TODAY. IN ADDITION TO THE RANKINGS, THROUGHOUT 2024 WE BUILT OUT DATA-DRIVEN INSIGHTS AND PROGRAMMATIC INITIATIVES, PARTNERSHIPS, AND PRODUCTS TO DIRECTLY ENCOURAGE AND SUPPORT CORPORATIONS TO ADOPT MORE JUST BUSINESS PRACTICES. JUST CAPITAL ALSO HELPS DRIVE CAPITAL TOWARD MORE JUST COMPANIES THROUGH DEVELOPING INVESTMENT PRODUCTS, CONVENING INVESTORS FOR TIMELY CONVERSATIONS, AND DEMONSTRATING THE CONNECTION BETWEEN STAKEHOLDER PERFORMANCE AND MARKET PERFORMANCE. JUST CAPITAL POLLING HAS SHOWN THAT AMERICAN PEOPLE WANT COMPANIES TO CREATE VALUE FOR ALL THEIR STAKEHOLDERS AS A PATH TO CREATING MORE VALUE FOR THEIR SHAREHOLDERS, FOR THEMSELVES, AND FOR SOCIETY AT LARGE. THROUGHOUT THE COMING YEAR, JUST'S RESEARCH, POLLING, ANALYSIS, AND PROGRAMS WILL WORK TO INCENTIVIZE, GUIDE, AND SUPPORT COMPANIES' EFFORTS TO REBUILD TRUST WITH AND CREATE PATHWAYS FOR PROSPERITY FOR ALL STAKEHOLDERS. 8567180 1 1 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 0 1 15 0 1 60 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 FL NY CT CA DE X X RYAN O'GRADY SENIOR DIRECTOR FINANCE AND OPERATIONS 6465856391 44 EAST 30TH STREET 11TH FLOOR NEW YORK NY 10016 ALAN H FLEISCHMANN DIRECTOR 2.00 X 0 0 0 AMY LIU SECRETARY 2.00 X X 0 0 0 ANDREA JUNG DIRECTOR 2.00 X 0 0 0 ANNETTE NAZARETH DIRECTOR 2.00 X 0 0 0 ARIANNA HUFFINGTON DIRECTOR 2.00 X 0 0 0 DAN ARIELY DIRECTOR 2.00 X 0 0 0 DAN HESSE DIRECTOR 4.00 X 0 0 0 DAN SCHULMAN CHAIRMAN, DIRECTOR 4.00 X X 0 0 0 DAVID KAMENETZKY DIRECTOR 2.00 X 0 0 0 HOLLY GORDON DIRECTOR 2.00 X 0 0 0 JASON WINGARD DIRECTOR 0.50 X 0 0 0 JIM BILDNER DIRECTOR 0.50 X 0 0 0 JOHN ROGERS JR DIRECTOR 0.50 X 0 0 0 KIP TINDELL DIRECTOR 2.00 X 0 0 0 LAUREL BRITTON DIRECTOR 4.00 X 0 0 0 MARC H MORIAL DIRECTOR 2.00 X 0 0 0 MARK WEINBERGER DIRECTOR 4.00 X 0 0 0 MICHAEL WEINSTEIN DIRECTOR 4.00 X 0 0 0 MINDY LUBBER DIRECTOR 2.00 X 0 0 0 PAT RUSSO DIRECTOR 2.00 X 0 0 0 PAUL T JONES II EMERITUS CHAIR, DIRECTOR 4.00 X X 0 0 0 PETER GEORGESCU DIRECTOR 4.00 X 0 0 0 RAY CHAMBERS DIRECTOR 2.00 X 0 0 0 RINALDO BRUTOCO DIRECTOR 4.00 X 0 0 0 ROBERT DEUTSCH TREASURER & DIRECTOR 4.00 X X 0 0 0 ROOSEVELT GILES DIRECTOR 4.00 X 0 0 0 SUSHMITA BANERJEE DIRECTOR 4.00 X 0 0 0 XAVIER DE SOUZA BRIGGS DIRECTOR 2.00 X 0 0 0 ALISON OMENS PRESIDENT 50.00 X 295970 0 78972 MARTIN WHITTAKER CHIEF EXECUTIVE OFFICER 50.00 X 650360 0 69640 RYAN D O'GRADY SEN. DIR., FIN AND OPERATIONS 50.00 X 133220 0 52960 TERESA YUNG CHIEF FIN. AND OPS (OUTGOING) 50.00 X 281387 0 62011 MOHAMMAD TAHIR KHAN CHIEF TECHNOLOGY OFFICER 50.00 X 262240 0 75115 TOLU LAWRENCE CHIEF IMPACT OFFICER 50.00 X 232400 0 75217 BENJAMIN KING MD CORPORATE STRATEGY & ENGMT. 40.00 X 174710 0 74756 JENNIFER TONTI MD SURVEY RES. & INSIGHTS 40.00 X 177220 0 53417 MONA PATNI SD QUANT RES. & ANALYTIC 40.00 X 190400 0 63089 SHASHANK SHETH MANAGING DIRECTOR OF DATA 40.00 X 190992 0 52903 TRACY STEWART MD INVESTOR STRATEGIES 40.00 X 224781 0 43886 2813680 0 701966 25 0 1 0 RANCHO ENCANTANDO I LLC 101 LARKSPUR LANDING CIRCLE SUITE LARKSPUR CA 94939 WORKFORCE WELLNESS SUMMIT 128084 BERLIN ROSEN LTD 15 MAIDEN LANE SUITE 1600 NEW YORK NY 10038 PR AND MARKETING CONSULTING 114146 2 11041028 11041028 DATA LICENSING 518210 206600 206600 SERVICE AGREEMENTS 900099 186026 186026 ETF REVENUE SHARE 900099 171484 171484 ADVISORY SERVICES 900099 106783 106783 CIL MEMBERSHIP FEES 900099 9726 9726 145 145 680764 7075 7075 79655 0 79655 79655 79655 11808522 680764 0 86730 525000 525000 2269493 1388659 567688 313146 4018980 3402861 298289 317830 119374 102323 9400 7651 1010382 839560 85812 85010 437998 339931 58139 39928 19225 7400 11825 40900 40900 368542 313772 52870 1900 69706 69706 26666 21888 2880 1898 565586 515187 39199 11200 617021 506448 66649 43924 75667 69971 3808 1888 366616 354101 12515 44882 36839 4848 3195 36835 30205 4052 2578 OTHER 22366 18387 2343 1636 RECRUITMENT & TRAINING 19879 16317 2147 1415 EQUIPMENT 10508 8625 1135 748 10665626 8567180 1251984 846462 12577 12434 663016 1716909 1246367 1277861 74865 204018 205690 251933 229238 211980 22140 17258 176667 136667 1841954 1402441 4243276 5019521 635715 301679 200000 94776 362129 2015652 1515684 2746143 2379492 X -537560 76432 2034693 2563597 1497133 2640029 4243276 5019521 1142896 0 X X 0 1 X 1 0 X 16070003 10840875 11635628 9583336 11041028 59170870 16070003 10840875 11635628 9583336 11041028 59170870 35471165 23699705 3190 2278 5049 17965 86730 115212 48050 27170 75220 59361302 2881104 0.39920 0.39910 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 48,050. 2021 AMOUNT: $ 27,170. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44910 33321 11589 16205 16205 0 168123 162454 5669 17258 SECURITY DEPOSIT 114000 OPERATING LEASE 1288441 1402441 OPERATING LEASE 1515684 1515684 X 12168857 360335 360335 11808522 0 11808522 11025961 360335 360335 10665626 0 10665626 PART X, LINE 2: THE FOUNDATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023, IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. 1 FINANCIAL HEALTH NETWORK 30 NORTH LASALLE STREET SUITE 2040 CHICAGO IL 60602 203006098 501(C)(3) 325000 0 PARTNERING WITH JUST CAPITAL AS AN "IMPACT PARTNER" ON IT'S CORPORATE IMPACT LAB AND ASSOCIATED ACTIVITIES. BRINGING EXPERTISE TO BEAR ON CRITICAL WORKFORCE ISSUES. JOBS FOR THE FUTURE 50 MILK STREET 17TH FLOOR BOSTON MA 02109 061164568 501(C)(3) 175000 0 PARTNERING WITH JUST CAPITAL AS AN "IMPACT PARTNER" ON IT'S CORPORATE IMPACT LAB AND ASSOCIATED ACTIVITIES. BRINGING EXPERTISE TO BEAR ON CRITICAL WORKFORCE ISSUES. GOOD JOBS INSTITUTE 104 MOUNT AUBURN STREET UNIT 5F CAMBRIDGE MA 02138 820730634 501(C)(3) 25000 0 PARTNERING WITH JUST CAPITAL AS AN "IMPACT PARTNER" ON IT'S CORPORATE IMPACT LAB AND ASSOCIATED ACTIVITIES. BRINGING EXPERTISE TO BEAR ON CRITICAL WORKFORCE ISSUES. 3 0 PART I, LINE 2: ALL SUBGRANTS HAVE INTERIM REPORTING PERIODS WHERE GRANTEES ARE REQUIRED TO REPORT ON PROGRESS TO DATE. THIS IS ALWAYS THE CASE FOR SUBGRANTS WITH A TERM GREATER THAN 12 MONTHS AND FOR SUBGRANTS WITH MORE THAN ONE DISBURSEMENT. OUR TEAM REVIEWS THEIR GRANT REPORT SUBMISSIONS AND FOLLOWS UP IF ANYTHING IS CONCERNING. 1 X X X X 1 0 0 0 0 0 0 1 0 MARTIN WHITTAKER CHIEF EXECUTIVE OFFICER 500000 0 150000 0 360 0 20000 0 49640 0 720000 0 0 0 ALISON OMENS PRESIDENT 295500 0 0 0 470 0 11500 0 67472 0 374942 0 0 0 TERESA YUNG CHIEF FIN. AND OPS (OUTGOING) 161504 0 0 0 119883 0 6665 0 55346 0 343398 0 0 0 MOHAMMAD TAHIR KHAN CHIEF TECHNOLOGY OFFICER 261800 0 0 0 440 0 10600 0 64515 0 337355 0 0 0 TOLU LAWRENCE CHIEF IMPACT OFFICER 232000 0 0 0 400 0 9128 0 66089 0 307617 0 0 0 TRACY STEWART MD INVESTOR STRATEGIES 224391 0 0 0 390 0 8906 0 34980 0 268667 0 0 0 MONA PATNI SD QUANT RES. & ANALYTIC 190000 0 0 0 400 0 0 0 63089 0 253489 0 0 0 BENJAMIN KING MD CORPORATE STRATEGY & ENGMT. 174250 0 0 0 460 0 4667 0 70089 0 249466 0 0 0 SHASHANK SHETH MANAGING DIRECTOR OF DATA 190592 0 0 0 400 0 7692 0 45211 0 243895 0 0 0 JENNIFER TONTI MD SURVEY RES. & INSIGHTS 176800 0 0 0 420 0 7200 0 46217 0 230637 0 0 0 RYAN D O'GRADY SEN. DIR., FIN AND OPERATIONS 132820 0 0 0 400 0 5469 0 47491 0 186180 0 0 0 PART I, LINE 4A TERESA YUNG-RODRIGUEZ RECEIVED TOTAL SEVERANCE OF $91,518 IN 2024. IN ADDITION, MS. YUNG RECEIVED HEALTHCARE CONTINUATION IN 2024 TOTALING $13,017. AN ADDITIONAL $10,606 IS ACCRUED TO 2024 BUT WILL COVER SUCH CONTINUATION THROUGH MARCH 2025. PART I, LINE 7 THE BOARD OF DIRECTORS APPROVED THE BONUS FOR THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCIAL STATEMENTS OF JUST CAPITAL FOUNDATION, INC. (THE "FOUNDATION") WERE AUDITED BY AN INDEPENDENT ACCOUNTANT, AS REQUIRED BY THE APPLICABLE STATE LAW UNDER THE DIRECTION OF AN AUDIT COMMITTEE. THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE ORGANIZATION'S OFFICERS, PRESIDENT AND AUDIT COMMITTEE WHO ARE GIVEN AMPLE TIME AND OPPORTUNITY TO DISCUSS THEIR COMMENTS AND QUESTIONS WITH THE PREPARER, THE ORGANIZATION'S LEGAL COUNSEL AND, IF NEEDED, OTHER MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. FINALLY THE FOUNDATION WILL PROVIDE A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS (EACH MEMBER RECEIVING THEIR INDIVIDUAL COPY), GIVING THE BOARD AN OPPORTUNITY TO PROVIDE INPUT AND ADDRESS ITS QUESTIONS OR COMMENTS BEFORE OR AT THE NEXT BOARD MEETING BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, AND OTHER STAFF MEMBER AND COMMITTEE MEMBER WITH GOVERNING-BOARD-DELEGATED POWERS SHALL, BEFORE INITIAL ELECTION OR APPOINTMENT AND ANNUALLY THEREAFTER, SIGN A STATEMENT AND GIVE SUCH STATEMENT TO THE SECRETARY OF JUST CAPITAL FOUNDATION, INC., WHICH AFFIRMS THAT SUCH PERSON:(A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY, (C) HAS AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, (D) UNDERSTANDS THAT THE FOUNDATION 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 (AND WILL ENDEAVOR TO FURTHER SUCH PURPOSES), AND (E) UNDERSTANDS THAT HE OR SHE MUST DISCLOSE ANY CONFLICT OF INTEREST; SPECIFICALLY, THE DIRECTOR, OFFICER, AND OTHER STAFF MEMBER, OR COMMITTEE MEMBER MUST IDENTIFY, TO THE BEST OF HIS OR HER KNOWLEDGE ANY ENTITY OF WHICH HE OR SHE IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OR EMPLOYEE AND WITH WHICH THE FOUNDATION HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE FOUNDATION IS A PARTICIPANT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION OF THE FOUNDATION'S CEO AFTER A REVIEW OF HIS QUALIFICATIONS, HIS PROPOSED EMPLOYMENT CONTRACTS, AND COMPARABILITY DATA FROM OTHER ORGANIZATIONS. A SUMMARY OF EACH REVIEW AND DECISION IS PROVIDED IN THE MINUTES OF THE BOARD MEETING AT WHICH (OR THE UNANIMOUS WRITTEN CONSENT IN LIEU OF MEETING IN WHICH) THE DECISION WAS MADE. FOR THE REMAINDER OF OFFICERS AND KEY EMPLOYEES, THE CEO DETERMINES COMPENSATION WITH CONSULTATION FROM THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO DONORS AND PROSPECTIVE DONORS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.