2022-05-16T14:04:39-05:00 2021-06-30 390859910 BAKER TILLY US LLP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2020-07-01 770071852 THOUSAND CURRENTS THOU 4158248384 548 MARKET STREET NO 62831 SAN FRANCISCO CA 941045401 JENESHA DE RIVERA DIRECTOR OF FINANCE 4158248384 2022-05-16 1 JENESHA DE RIVERA 999009999 BRIAN YACKER P00401346 9492222999 2022-05-16 X 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X SOLOME LEMMA 548 MARKET STREET NO 62831 SAN FRANCISCO CA 941045401 16282793 0 X WWW.THOUSANDCURRENTS.ORG X 1988 CA WE FUND, CONNECT, AND WALK ALONGSIDE GRASSROOTS GROUPS TRANSFORMING THEIR COMMUNITIES. X 8 8 22 8 0 0 86663226 14580515 124943 180252 108402 442717 1464 924 86898035 15204408 3194504 76784062 0 0 2128042 2093228 0 0 812934 5496559 1652560 10819105 80529850 76078930 -65325442 83111013 18209575 723056 1045811 82387957 17163764 X THROUGH OUR GRANT MAKING PROGRAM, THOUSAND CURRENTS PARTNERS WITH ORGANIZATIONS AND MOVEMENTS LED BY WOMEN, YOUTH AND INDIGENOUS PEOPLES IN THE GLOBAL SOUTH THAT ARE CREATING LASTING SOLUTIONS TO OUR SHARED GLOBAL CHALLENGES. OUR PARTNERS DEVELOP SOLUTIONS THAT ARE INNOVATIVE AND IMPACTFUL. THEY WORK TO ENSURE THEIR COMMUNITIES HAVE ACCESS TO HEALTHY AND LOCALLY GROWN FOOD, ARE ABLE TO ENJOY ECONOMIC PROSPERITY THAT GENERATES WELLBEING FOR ALL PEOPLE, AND LIVE IN A SAFE AND HEALTHY ENVIRONMENT THAT SUPPORTS ABUNDANT LIFE. 0 0 78830951 76784062 180252 SEE SCHEDULE OOVER THE PAST 35 YEARS OF GRANTMAKING, THOUSAND CURRENTS HAS INVESTED IN OVER 1,000 COMMUNITY-LED INITIATIVES IN 40 COUNTRIES. TODAY, WE ARE EXCHANGING GRASSROOTS BRILLIANCE FOR LASTING AND TRANSFORMATIVE CHANGE, REACHING OVER 200 MILLION WOMEN, SMALL FARMERS, INDIGENOUS PEOPLES, URBAN AND PERI-URBAN RESIDENTS, AND YOUTH THROUGH OUR GRANTMAKING PROGRAM. WE PARTNER WITH GRASSROOTS ORGANIZATIONS AND MOVEMENTS LED BY WOMEN, YOUTH, AND INDIGENOUS PEOPLE IN THE GLOBAL SOUTH THAT ARE CREATING LASTING SOLUTIONS TO OUR SHARED GLOBAL CHALLENGES. WE SELECT PARTNERS THAT WORK ON THE INTERDEPENDENT ISSUES OF FOOD SOVEREIGNTY, ALTERNATIVE ECONOMIES, AND CLIMATE JUSTICE. THROUGH OUR PHILANTHROPIC PARTNERSHIPS PROGRAM, WE WORK WITH DONORS TO ADOPT TRANSFORMATIVE PRACTICES THAT CAN DISMANTLE INJUSTICE AND INEQUITY. WE ARE A VOCAL AND VISIBLE ADVOCATE FOR GRASSROOTS-LED SOCIAL CHANGE, BRIDGING EMERGING APPROACHES AND LEARNINGS FROM THE GLOBAL SOUTH WITH PHILANTHROPIC MODELS AND PRACTICES IN THE GLOBAL NORTH. 78830951 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 42 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X X JENESHA DE RIVERA 4158248384 548 MARKET STREET NO 62831 SAN FRANCISCO CA 941045401 SOLOME LEMMA EXECUTIVE DIRECTOR 38.00 X 143072 0 33429 JENESHA DE RIVERA DIRECTOR OF FINANCE 38.00 X 108662 0 23118 NWAMAKA AGBO CHAIR 2.00 X X 0 0 0 GREGORY HODGE VICE CHAIR 2.00 X X 0 0 0 FAHAD AHMAD TREASURER 2.00 X X 0 0 0 SHILPA ALIMCHANDANI SECRETARY 2.00 X X 0 0 0 RUTH SAWYER DIRECTOR 2.00 X 0 0 0 SABA BIREDA DIRECTOR 2.00 X 0 0 0 DR M JAHI CHAPPELL DIRECTOR 2.00 X 0 0 0 SUSAN ROSENBERG DIRECTOR 2.00 X 0 0 0 251734 0 56547 2 0 1 0 0 132972 14447543 151888 14580515 PROGRAM SERVICE 900099 180252 180252 180252 74838 74838 1446264 1078385 367879 367879 367879 CREDIT CARD REWARDS 900099 924 924 924 15204408 180252 0 443641 71759087 71759087 5024975 5024975 358316 168510 92698 97108 1385409 666060 338307 381042 212985 89335 70090 53560 136518 60398 41916 34204 67183 32419 26496 8268 94845 94845 21687 21687 1106438 881757 66189 158492 22118 15382 2202 4534 119717 87760 17740 14217 76849 35229 22990 18630 5944 124 5268 552 5673 2209 152 3312 724 313 226 185 16534 3976 10213 2345 ONLINE PROCESSING FEES 59459 59459 DUES, LICENSE, SVC. FEE 55389 3417 15487 36485 80529850 78830951 885965 812934 64667106 13494303 318623 258172 15873325 1754121 42918 25277 25420 5065 2172 3617 2893 2216765 2625448 6300 6300 83111013 18209575 287918 263375 29338 420386 97500 53750 308300 308300 723056 1045811 X 3174822 12480311 79213135 4683453 82387957 17163764 83111013 18209575 -65325442 101249 0 X X 0 1 X 1 0 X 4056635 6596734 6505494 8663226 14580515 40402604 4056635 6596734 6505494 8663226 14580515 40402604 10038731 30363873 62250 40955 41913 67335 53151 265604 6009 9977 1464 924 18374 40686582 536507 0.74630 0.69830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2016 AMOUNT: $ 6,009. 2018 AMOUNT: $ 9,977. 2019 AMOUNT: $ 1,464. CREDIT CARD REWARDS - 2020 AMOUNT: $ 924. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5065 2172 2893 2893 PPP FORGIVABLE LOAN 308300 308300 X 15283970 101249 -21687 79562 15204408 0 15204408 80508163 0 80508163 21687 21687 80529850 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND BY CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D), AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL AND CALIFORNIA INCOME TAXES. BVIM IS A SINGLE MEMBER LLC AND CONSIDERED A DISREGARDED ENTITY FOR FEDERAL PURPOSES. FOR STATE REPORTING PURPOSES BVIM IS SUBJECT TO THE CALIFORNIA GROSS RECEIPTS TAX AND MINIMUM FRANCHISE TAX OF $800. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE ORGANIZATION HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE ORGANIZATION HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY, AND HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANGEMENT FEES -21,687. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANGEMENT FEES 21,687. 1 SOUTH AMERICA 0 0 PROGRAM SERVICE GRANT MAKING 1405000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICE GRANT MAKING 1262000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE GRANT MAKING 816500 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICE GRANT MAKING 736500 SOUTH ASIA 0 0 PROGRAM SERVICE GRANT MAKING 566975 NORTH AMERICA 0 0 PROGRAM SERVICE GRANT MAKING 115000 EUROPE 0 0 PROGRAM SERVICE GRANT MAKING 103000 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICE GRANT MAKING 20000 0 0 0 0 0 0 5024975 0 5024975 SOUTH AMERICA PROGRAM SUPPORT 1405000 WIRE BOOK SUB-SAHARAN AFRICA PROGRAM SUPPORT 1262000 WIRE BOOK EAST ASIA AND THE PACIFIC PROGRAM SUPPORT 816500 WIRE BOOK CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SUPPORT 736500 WIRE BOOK SOUTH ASIA PROGRAM SUPPORT 566975 WIRE BOOK NORTH AMERICA PROGRAM SUPPORT 115000 WIRE BOOK EUROPE PROGRAM SUPPORT 103000 WIRE BOOK MIDDLE EAST AND NORTH AFRICA PROGRAM SUPPORT 20000 WIRE BOOK 8 0 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS. GRANT AGREEMENTS ARE SIGNED BY THE DIRECTOR OF GRASSROOTS PARTNERSHIP. REPORTS SUBMITTED BY GRANTEES ARE REVIEWED FOR PROPER EXEMPT PURPOSES. PART III ACCOUNTING METHOD: 1 GRASSROOTS GLOBAL JUSTICE ALLIANCE 2000 14TH ST NW STE 104 73768 WASHINGTON DC 20056 264633127 501(C)(3) 5000 PROGRAM SUPPORT NEW VENTURE FUND 1828 L STREET NW SUITE 300 A WASHINGTON DC 20036 205806345 501(C)(3) 15000 PROGRAM SUPPORT FRACTURED ATLAS 228 PARK AVE S 56651 NEW YORK NY 10003 113451703 501(C)(3) 25000 PROGRAM SUPPORT ALLIANCE FOR GLOBAL JUSTICE 225 E 26TH STREET SUITE 1 TUCSON AZ 85713 522094677 501(C)(3) 250000 PROGRAM SUPPORT BLACK ALLIANCE FOR JUST IMMIGRATION 1368 FULTON STREET SUITE 311 BROOKLYN NY 11216 271911378 501(C)(3) 250000 PROGRAM SUPPORT COOPERATION JACKSON 939 W CAPITOL STREET JACKSON MS 39203 471153202 501(C)(3) 250000 PROGRAM SUPPORT URGENT ACTION FUND 660 13TH STREET SUITE 200 OAKLAND CA 94612 030419743 501(C)(3) 600000 PROGRAM SUPPORT GRASSROOTS INTERNATIONAL 179 BOYLESTON STREET 4 JAMAICA PLAIN MA 02130 042791159 501(C)(3) 600000 PROGRAM SUPPORT GLOBAL GREENGRANTS FUND 2840 WILDERNESS PLACE SUITE A BOULDER CO 80301 841612422 501(C)(3) 600000 PROGRAM SUPPORT BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION INC 248 3RD STREET 305 OAKLAND CA 94607 824862489 501(C)(3) 69164086 PROGRAM SUPPORT 10 0 PART I, LINE 2: GRANTS ARE APPROVED IN ACCORDANCE WITH OUR FISCAL SPONSORSHIP AGREEMENTS AND APPROVED BY PROJECT DIRECTORS. REPORTS SUBMITTED BY THE GRANTEES ARE REVIEWED FOR PROPER EXEMPT PURPOSES. X X X X 0 0 0 0 0 0 0 0 0 SOLOME LEMMA EXECUTIVE DIRECTOR 143072 0 0 0 0 0 19500 0 13929 0 176501 0 0 0 X 9 151888 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS CASH 2021-06-30 69164086 FMV 824862489 BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION 248 3RD STREET 305 OAKLAND CA 94607 501(C)(3) 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO THE BOARD BEFORE IT IS FILED. IN ADDITION, THE AUDIT AND FINANCE COMMITTEE OF THE BOARD VET IT PRIOR TO THE ENTIRE BOARD REVIEW FOR EFFICIENCY AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR OR KEY EMPLOYEE MUST, ON AN ANNUAL BASIS, EXECUTE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND A QUESTIONNAIRE. IN ADDITION, IT IS EACH OFFICER, DIRECTOR OR KEY EMPLOYEE'S DUTY TO MAKE A FULL AND PROMPT DISCLOSURE OF ALL MATERIAL FACTS REGARDING ANY CONTEMPLATED TRANSACTION OR ACTIVITY THAT COULD CREATE A POTENTIAL CONFLICT OF INTEREST. AN INTERESTED PERSON, INCLUDING THE PARTY MAKING THE CONFLICT OF INTEREST DISCLOSURE, MAY MAKE A PRESENTATION AT THE BOARD OF DIRECTORS OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE DECISION MAKING PROCESS INCLUDES COMPARABILITY DATA. THE BOARD LAST REVIEWED THE EXECUTIVE DIRECTOR'S SALARY THIS PAST SUMMER (2020). THE EXECUTIVE DIRECTOR ALONG WITH THE BOARDS' GUIDANCE DECIDES THE DIRECTOR OF FINANCE COMPENSATION WHICH IS ALSO BASED ON COMPARABILITY DATA FROM ORGANIZATIONS OF SIMILAR BUDGET SIZE AND FOCUS AREA. PROCESS IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART VIII AND PART X, EXPLANATION FOR DRASTIC DIFFERENCE BETWEEN OUR PRIOR YEAR NET ASSETS: UNTIL JUNE 30, 2020, THOUSAND CURRENTS WAS THE FISCAL SPONSOR FOR BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION, WHICH EXPERIENCED AN UNPRECEDENTED SPIKE IN CHARITABLE DONATIONS DUE TO THE RACIAL JUSTICE PROTESTS IN 2020. SCHEDULE I, PART II, GRANTS TO DOMESTIC ORGANIZATIONS IN 2017 AND 2018 TAX FILINGS, THE ORGANIZATION LISTED THE INCORRECT EIN FOR BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION TRANSACTIONS ON THE 2017 AND 2018 TAX FILINGS. THE GRANTS OF $28,130 AND $62,000 FOR THE 2017 AND 2018 TAX YEAR WERE GIVEN TO THE BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION CHAPTERS. NO FUNDS WERE SENT TO THE BLACK LIVES MATTER FOUNDATION INC, EIN 47-4143254. BUEN VIVIR INVESTMENT MANAGEMENT LLC 1330 BROADWAY SUITE 301 OAKLAND CA 94612 770071852 SUPPORT INVESTMENT RELATED ACTIVITIES WITHIN THE ORGANIZATION'S PROGRAMS. CA 0 0 THOUSAND CURRENTS BUEN VIVIR FUND LLC 1330 BROADWAY SUITE 301 OAKLAND CA 94612 824265375 LENDING CA THOUSAND CURRENTS C 689511 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0