2021-11-03T08:36:14-05:00 2020-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2020-01-01 237213592 THE ROOSEVELT INSTITUTE ROOS 2124449130 570 LEXINGTON AVENUE NO 5TH FL NEW YORK NY 10022 FELICIA J WONG PRESIDENT AND CEO 2124449130 2021-10-06 1 FELICIA WONG 999009999 JAMES J REILLY P00183769 2126617777 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z FELICIA J WONG 570 LEXINGTON AVENUE NO 5TH FL NEW YORK NY 10022 21402287 0 X WWW.ROOSEVELTINSTITUTE.ORG X 1987 NY TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY. 27 27 80 27 0 0 8524735 20854405 0 0 333380 13772 152482 357843 9010597 21226020 304733 299166 0 0 5372180 5502737 90095 71800 463962 2351584 2087462 8118592 7961165 892005 13264855 22038303 35959001 1319044 857693 20719259 35101308 X SEE SCHEDULE O 0 0 4383096 199966 THINK TANK: SEE SCHEDULE O. 884202 95200 NETWORK: SEE SCHEDULE O. 691819 4000 FDR LIBRARY: SEE SCHEDULE O. 5959117 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 129 0 1 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 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 NO 5TH FL NEW YORK NY 10022 ANNA ELEANOR ROOSEVELT CHAIR 2.00 X X 0 0 0 LISA COOK VICE CHAIR 2.00 X X 0 0 0 PAUL RUDD FORMER VICE-CHAIR 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 KAREN ADLER BOARD MEMBER 2.00 X 0 0 0 SHARON BLOCK 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 ABDUL EL-SAYED BOARD MEMBER 2.00 X 0 0 0 JOELLE GAMBLE BOARD MEMBER 2.00 X 0 0 0 CHRISTIE GEORGE BOARD MEMBER 2.00 X 0 0 0 FAY HARTOG-LEVIN 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 40.00 X 327851 0 37115 KATARINA K DUPLESSY CFO 40.00 X 179406 0 31676 JEFFREY KREHELY CHIEF OPERATING OFFICER 40.00 X 287239 0 25155 PATRICIA PRUNTY CDO 40.00 X 139035 0 6347 CAMELLIA PHILLIPS SVP OPERATIONS 40.00 X 161364 0 35336 STEPHANIE STERLING VP AND SR ADVISOR 40.00 X 179740 0 7962 JULIETTE STABLESKI VP DEV 40.00 X 119650 0 38658 MICHAEL KONCZAL DIR. PROGR. THOUGHT 40.00 X 153818 0 24831 1548103 0 207080 17 0 1 0 0 821600 20032805 136500 20854405 11158 11158 95275 0 95275 95275 95275 178881 176267 2614 2614 2614 OTHER INCOME 900099 262568 262568 262568 21226020 262568 0 109047 X 202966 202966 96200 96200 888442 674823 167204 46415 3703672 2804656 705691 193325 103476 80603 17427 5446 492927 383967 83018 25942 314220 244763 52920 16537 14508 10403 2920 1185 51148 36675 10294 4179 71800 71800 39770 39770 966747 741690 208177 16880 5485 5485 64358 37168 8426 18764 84000 64445 18088 1467 555818 422093 104969 28756 52983 36520 9844 6619 30846 11852 18793 201 38135 31503 5206 1426 67967 458 67509 DUES AND SUBSCRIPTIONS 115697 72847 17830 25020 7961165 5959117 1538086 463962 5806519 10976216 303000 4804972 3457324 6682119 72528 31635 422880 320446 80726 102434 11747210 12838637 570996 522988 22038303 35959001 378268 480769 435344 376924 505432 0 1319044 857693 X 11667254 15037790 9052005 20063518 20719259 35101308 22038303 35959001 13264855 1117194 0 X 0 1 X 1 0 X 6880644 7191613 9591615 8524735 20854405 53043012 6880644 7191613 9591615 8524735 20854405 53043012 21908279 31134733 347568 352454 366988 403665 106433 1577108 233230 509334 141534 257750 262568 1404416 56024536 0.55570 0.66180 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 233,230. 2017 AMOUNT: $ 509,334. 2018 AMOUNT: $ 141,534. 2019 AMOUNT: $ 257,750. 2020 AMOUNT: $ 262,568. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27035 27035 7934130 7961165 548058 137015 0 0 500697 487683 555930 548058 2092368 3138552 14398 16860 8150 27035 66443 125174 121921 138983 137015 523093 784640 168591 X X X 0 16137946 16789420 1072956 6146726 27853596 14217445 6200025 1857785 6137309 16137946 13264866 7775789 -381831 6441379 14217445 11529903 4799303 1455081 4519421 13264866 12070693 4604620 598579 5743989 11529903 0.27960 0.72040 0 0 69608 17097 52511 353272 303349 49923 102434 CF INST. MULTI-STRATEGY EQUITY FUND 7887160 F CF INST. MULTI-STRATEGY BOND FUND 4951477 F 12838637 22303444 1117194 1117194 21186250 39770 39770 21226020 7921395 0 7921395 39770 39770 7961165 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 AD 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 71800 0 71800 NY 1 UNIVERSITY OF MASSACHUSETTS 333 SOUTH STREET STE 450 SHREWSBURY MA 01545 043167352 501 (C) (3) 20966 GRANT FOR L. PALLADINO FELLOW RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 230 WEST 41ST STREET NEW YORK NY 10036 131988190 501 (C) (3) 48000 GRANT FOR NAOMI ZWEDI 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) 70000 GRANT FOR SIPA, NAIDU 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) 60000 GRANT FOR J. STIGLITZ POST DOC 4 NETWORK - STIPENDS 82 95200 THINK TANK - AWARDS 1 1000 PART I, LINE 2: THINK TANK GRANT - COLUMBIA UNIVERSITY, INITIATIVE FOR POLICY DIALOGUE FUNDS FROM THIS GRANT ARE BEING USED IN CONTINUED SUPPORT OF A POSTDOCTORAL RESEARCHER AT THE INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA UNIVERSITY LED BY UNIVERSITY PROFESSOR JOSEPH STIGLITZ. THE RESEARCHER, WHO IN 2020 WAS VAN VLOKHOVEN, COORDINATES WITH MEMBERS OF THE ROOSEVELT INSTITUTE THINK TANK TO CONDUCT THEORETICAL AND EMPIRICAL RESEARCH EXPLORING THE ROLE OF RENT-SEEKING IN GIVING RISE TO INEQUALITY AND THE DETERMINANTS OF INEQUALITY-GENERATING RENT SEEKING IN THE US. JOSEPH STIGLITZ CAREFULLY OVERSEES THIS PROJECT AND MONITORS THE WORK OF THE POSTDOCTORAL RESEARCHER. GABRIELA PLUMP, IPD PROGRAM MANAGER, WILL ADMINISTER THE FUNDS AND ENSURE THEY ARE ALLOCATED FOR IPD AS OUTLINED ABOVE. THINK TANK GRANT - COLUMBIA UNIVERSITY, SCHOOL OF INTERNATIONAL AND PUBLIC AFFAIRS FUNDS FROM THIS GRANT TO COLUMBIA UNIVERSITY'S SCHOOL OF INTERNATIONAL AND PUBLIC AFFAIRS (SIPA) SUPPORT THE ROOSEVELT INSTITUTE FELLOW SURESH NAIDU. AS A FELLOW, DR. NAIDU WILL WORK WITH OTHER INSTITUTE FELLOWS AND STAFF TO BUILD OUT RESEARCH THAT IS CORE TO THE INSTITUTE'S AGENDA TO CURB CORPORATE POWER AND BUILD COUNTERVAILING WORKER AND PUBLIC POWER. HIS PROJECTS FOR ROOSEVELT INSTITUTE INCLUDE A PAPER ON UNDERSTANDING THE COVID-19 WORKPLACE USING A SURVEY OF ESSENTIAL WORKERS AND WORK ON THE SKILLS GAP TEAM PRODUCING A PAPER ABOUT WORKFORCE TRAINING PROGRAMS IN THE CONTEXT OF LABOR MARKET POWER. THINK TANK GRANT - CUNY SCHOOL OF PUBLIC HEALTH & HEALTH POLICY FUNDS FROM THIS GRANT TO THE GRADUATE SCHOOL OF PUBLIC HEALTH & HEALTH POLICY AT THE CITY UNIVERSITY OF NEW YORK (CUNY SPH) ARE BEING USED BY CUNY SPH ASSISTANT PROFESSOR NAOMI ZEWDE TO JOIN THE INSTITUTE AS A FELLOW. AS A FELLOW, DR. ZEWDE WORKED WITH OTHER INSTITUTE FELLOWS AND STAFF TO BUILD OUT THE INSTITUTE'S RESEARCH AND WRITING ON HEALTHCARE, INCLUDING A PAPER ON STATE INSURANCE REFORMS AND THE TRADEOFFS OF A PUBLIC OPTION. THINK TANK GRANT - UMASS AMHERST FUNDS FROM THIS GRANT TO THE UNIVERSITY OF MASSACHUSETTS, AMHERST ("UMASS") ARE BEING USED TO ALLOW UMASS ASSISTANT PROFESSOR LENORE PALLADINO TO JOIN THE INSTITUTE AS A FELLOW. AS A FELLOW, DR. PALLADINO WILL WORK IN PARTNERSHIP WITH OTHER INSTITUTE STAFF AND FELLOWS TO BUILD OUT THE INSTITUTE'S CORE RESEARCH PRIORITIES. SPECIFICALLY, SHE WILL CONDUCT RESEARCH AND WRITE ON TOPICS RELATED TO SHAREHOLDER PRIMACY AND THE RACIAL WEALTH GAP. LENORE WILL PRODUCE A PAPER FOR THE ROOSEVELT INSTITUTE ON THE CONTRIBUTION OF SHAREHOLDER PRIMACY TO THE RACIAL WEALTH GAP. X 0 0 0 0 0 0 0 0 0 FELICIA WONG PRESIDENT & CEO 327851 0 0 0 0 0 11000 0 26115 0 364966 0 0 0 JEFFREY KREHELY CHIEF OPERATING OFFICER 279739 0 7500 0 0 0 11000 0 14155 0 312394 0 0 0 KATARINA K DUPLESSY CFO 175406 0 4000 0 0 0 7356 0 24320 0 211082 0 0 0 CAMELLIA PHILLIPS SVP OPERATIONS 158364 0 3000 0 0 0 6752 0 28584 0 196700 0 0 0 STEPHANIE STERLING VP AND SR ADVISOR 179740 0 0 0 0 0 7189 0 773 0 187702 0 0 0 MICHAEL KONCZAL DIR. PROGR. THOUGHT 153818 0 0 0 0 0 6377 0 18454 0 178649 0 0 0 JULIETTE STABLESKI VP DEV 119650 0 0 0 0 0 5373 0 33285 0 158308 0 0 0 X 4 136500 FMV 0 1 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 PRIORITIES ARE: MAKING THE CASE THAT A HEALTHIER ECONOMY AND A HEALTHIER DEMOCRACY REQUIRES ALIGNING ECONOMIC AND RACIAL INEQUALITY AGENDAS; ILLUMINATING CORPORATE POWER AS A SERIOUS CAUSE OF ECONOMIC DISTORTION AND MISALIGNMENT; 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: THE ROOSEVELT NETWORK TRAINS, DEVELOPS, AND SUPPORTS EMERGING PROGRESSIVE POLICYMAKERS, RESEARCHERS, AND ADVOCATES ACROSS THE US, FOCUSING ON COMMUNITIES HISTORICALLY DENIED POLITICAL POWER. FOUND ON CAMPUSES AND IN CITIES ACROSS NEARLY 40 STATES NATIONWIDE, THE NETWORK IS BUILT ON THE PRINCIPLE THAT CHANGING WHO WRITES THE RULES CAN HELP FULFILL THE IDEALS OF AMERICAN DEMOCRACY AND BUILD TRUE PUBLIC POWER. THE NETWORK SUPPORTS STUDENT-LED, SCALABLE POLICY CAMPAIGNS THAT FIGHT FOR THE EQUITABLE PROVISION, DISTRIBUTION, AND ACCESSIBILITY OF PUBLIC GOODS AT THE CAMPUS, LOCAL, AND STATE LEVELS. IN ADDITION TO ITS STUDENT-LED ACTIVITIES, THE ORGANIZATION LEVERAGES THE POWER OF ITS ALUMNI NETWORK. 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 TH 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 REVIEWS 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, IS 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 IT 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 741,690. MANAGEMENT AND GENERAL EXPENSES 208,177. FUNDRAISING EXPENSES 16,880. TOTAL EXPENSES 966,747.