2022-10-24T17:19:39-05:00 2021-12-31 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2021-01-01 834584093 SHARED ASCENT FUND SHAR 9164425057 555 CAPITOL MALL STE 1095 SACRAMENTO CA 95814 AVI GARBOW PRESIDENT 9164425057 2022-10-17 1 AVI GARBOW 999009999 KEITH R GLEN P01317613 9166466464 2022-09-20 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z AVI GARBOW 555 CAPITOL MALL STE 1095 SACRAMENTO CA 95814 8924334 0 X HTTPS://SHAREDASCENTFUND.ORG/ X 2019 DE SHARED ASCENT FUND'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY. 7 6 41 6 0 0 1738692 8646643 0 35000 1205 -5430 0 0 1739897 8676213 2475444 3725000 0 0 70712 768711 0 0 29046 47446 401250 2593602 4894961 -853705 3781252 199745 4357054 16870 392927 182875 3964127 SHARED ASCENT FUND'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY. 0 0 4747100 3725000 35000 IN 2021, SHARED ASCENT FUND (SAF) SUPPORTED EFFORTS TO MAINTAIN AND STRENGTHEN VOTING RIGHTS; STRENGTHEN HEALTH CARE POLICIES AND ACCESS FOR ALL; AND COUNTER SYSTEMIC RACISM IN AMERICA. IN ADDITION TO GRANTMAKING, SAF SERVES AS A FISCAL SPONSOR--PROVIDING ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES--TO THE STUDENT BORROWER PROTECTION CENTER, WHICH HAS BEEN SUCCESSFULLY LEADING A NATIONWIDE EFFORT TO PROTECT STUDENT LOAN BORROWERS AND HALT WIDESPREAD ABUSES BY THE STUDENT LOAN INDUSTRY, AND TO THE COALITION TO EXPAND CONTRACEPTIVE ACCESS, WHICH WORKS TO EXPAND CONTRACEPTIVE ACCESS BY LEVERAGING POLICY AND RESEARCH TO ADVANCE SEXUAL AND REPRODUCTIVE HEALTH EQUITY AND REPRODUCTIVE QUALITY OF LIFE FOR ALL INDIVIDUALS. 4747100 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 12 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA DC MA NJ NY OH OR X X X ROSINA BUGARIN CFO 9164425057 555 CAPITOL MALL SUITE 1095 SACRAMENTO CA 95814 X MICHAEL A MANTELL PRESIDENT 1.00 2.00 X X 12292 24292 0 CHRISTOPHER J ELLIMAN DIRECTOR 1.00 1.00 X 0 0 0 JASON BURNETT DIRECTOR 1.00 1.00 X 0 0 0 MELISSA ROY DIRECTOR 1.00 1.00 X 0 0 0 MARTHA KONGSGAARD DIRECTOR 1.00 1.00 X 0 0 0 STEVE DAETZ DIRECTOR, CHAIR 1.00 X 0 0 0 PRESTON PINKETT III DIRECTOR 1.00 1.00 X 0 0 0 ROSINA BUGARIN TREASURER, CFO 1.00 4.00 X 1551 17591 0 HELENA CHOI SECRETARY, VP 1.00 1.00 X 5058 3637 0 18901 45520 0 0 0 0 0 0 8646643 248162 8646643 CONTRACT REVENUE 541900 35000 35000 35000 409 409 242282 248121 -5839 -5839 -5839 8676213 35000 0 -5430 3725000 3725000 18901 16599 1808 494 749810 658485 71733 19592 42 42 17252 856 12646 3750 7145 4511 2170 464 4363 731 3035 597 49408 25034 20225 4149 2044 2044 8653 1497 7156 CONTRACT EXPENSES 312343 312343 4894961 4747100 118815 29046 53036 1151147 146709 2305580 838200 0 35000 0 27127 199745 4357054 16870 225880 0 167047 16870 392927 X 51022 199837 131853 3764290 182875 3964127 199745 4357054 3781252 0 X 0 1 X 1 0 X 1050000 1738692 8646643 11435335 1050000 1738692 8646643 11435335 8888659 2546676 1056 1205 408 2669 11438004 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 8676171 0 8676171 42 42 8676213 4894919 0 4894919 42 42 4894961 1 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 800 MAINE AVE SW SUITE 400 WASHINGTON DC 20024 275278038 501(C)(4) 1500000 0 PUBLIC EDUCATION REGARDING ECONOMIC POLICY AMERICAN INDEPENDENT FOUNDATION 800 MAINE AVE SW SUITE 500 WASHINGTON DC 20024 331137541 501(C)(3) 400000 0 GENERAL SUPPORT CAMPAIGN LEGAL CENTER INC 1101 14TH ST NW WASHINGTON DC 20005 043608387 501(C)(3) 500000 0 GENERAL SUPPORT CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGTON INC 455 MASSACHUSETTS AVE NW 6TH FLOOR WASHINGTON DC 20001 030445391 501(C)(3) 75000 0 GENERAL SUPPORT CONSTITUTIONAL ACCOUNTABILITY CENTER 1200 18TH STREET NW SUITE 501 WASHINGTON DC 20036 522063854 501(C)(3) 100000 0 GENERAL SUPPORT INDIVISIBLE CIVICS INC PO BOX 43884 WASHINGTON DC 20010 822355901 501(C)(3) 350000 0 GENERAL SUPPORT LEADERSHIP CONFERENCE EDUCATION FUND INC 1620 L ST NW 1100 WASHINGTON DC 20036 237026895 501(C)(3) 400000 0 GENERAL SUPPORT UNION OF CONCERNED SCIENTISTS INC 2 BRATTLE SQUARE SUITE 340 CAMBRIDGE MA 02138 042535767 501(C)(3) 400000 0 GENERAL SUPPORT 7 1 PART I, LINE 2: SHARED ASCENT FUND 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. ALL GRANTS MUST BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES. X 1 248162 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT, TREASURER AND ONE DIRECTOR ALSO SERVED THE SAME ROLES AT RESOURCES LEGACY FUND (RLF), A 501(C)(3) ORGANIZATION AND FUND FOR A BETTER (FBF), A 501(C)(4) ORGANIZATION. SAF AND FBF ARE RELATED TO EACH OTHER BUT ARE UNRELATED TO RLF. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS, 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. ADDITIONALLY, A CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE POLICY MANUAL. UPON HIRE, EMPLOYEES ARE REQUIRED TO READ IT AND ACKNOWLEDGE THAT THEY ARE FAMILIAR WITH AND WILL OBSERVE THE POLICY; ACTUAL, POTENTIAL OR PERCEIVED CONFLICTS MUST BE REPORTED TO EXECUTIVE MANAGEMENT FOR REVIEW PRIOR TO THE RELEVANT DECISION. FORM 990, PART VI, SECTION B, LINE 15 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 SAF OFFICERS INCLUDING PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT. THIS PROCESS WAS LAST UNDERTAKEN IN 2021. FORM 990, PART VI, SECTION C, LINE 19 AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM SAF'S WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A SAF AND RESOURCES LEGACY FUND, AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH SAF REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF SAF. AS A PART OF THAT, SAF REIMBURSED RLF FOR PERSONNEL COSTS FOR MICHAEL MANTELL, ROSINA BUGARIN, AND HELENA CHOI. RLF'S COMPENSATION OF $12,292 TO MICHAEL MANTELL; $1,551 TO ROSINA BUGARIN; AND $5,058 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY SAF FOR THEIR DIRECT AND INDIRECT COSTS INCURRED ON BEHALF OF SAF. FORM 990, PART IX, LINES 5-10 SAF PAYS SOME PAYROLL TAXES DIRECTLY; RESOURCES LEGACY FUND SATISFIES THE REMAINING EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF SAF. FUND FOR A BETTER FUTURE INC 555 CAPITAL MALL STE 1095 SACRAMENTO CA 95814 812319758 PROMOTE THE COMMON GOOD-DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITY,ENVIRONMENT DE 501(C)(4) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0