2021-05-13T10:04:05-05:00 2020-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2019-07-01 463612187 CITIES FOR FINANCIAL EMPOWERMENT FUND INC CITI 6463621639 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 JONATHAN MINTZ PRESIDENT AND CEO 6463621639 2021-05-13 1 MICHAEL WALLACE P00881958 2126972299 2019 2022-09-23 18:48:47Z JONATHAN MINTZ 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 13818429 0 X WWW.CFEFUND.ORG X 2013 NY HELP CITIES BUILD PROGRAMS AND STRATEGIES TO SUPPORT HOUSEHOLD FINANCIAL STABILITY. 6 5 19 5 0 0 10568500 13681000 0 0 128289 131299 16404 6130 10713193 13818429 8064584 6049858 0 0 2312443 2433197 0 0 434869 1740428 1414188 12117455 9897243 -1404262 3921186 17446576 20073312 6506460 5212010 10940116 14861302 X THE CFE FUND'S MISSION IS TO LEVERAGE MUNICIPAL ENGAGEMENT TO IMPROVE THE FINANCIAL STABILITY OF HOUSEHOLDS BY EMBEDDING FINANCIAL EMPOWERMENT STRATEGIES INTO LOCAL GOVERNMENT INFRASTRUCTURE. THE CFE FUND FOCUSES PROGRAMMATIC, RESEARCH, AND POLICY EFFORTS TOWARDS DESIGNING, EMBEDDING, AND REPLICATING FINANCIAL EMPOWERMENT INITIATIVES WITHIN LOCAL GOVERNMENT. 1 0 4158721 3625000 SUMMER JOBS CONNECT (SJC):THROUGH SUMMER JOBS CONNECT, THE CFE FUND AND ITS 22 MUNICIPAL GOVERNMENT PARTNERS HAVE DEVELOPED A NATIONAL MODEL FOR USING THE SCALE AND INFRASTRUCTURE OF MUNICIPAL SUMMER YOUTH EMPLOYMENT PROGRAMS TO INTEGRATE FINANCIAL EMPOWERMENT STRATEGIES AND ACHIEVE GREATER IMPACT. IN ADDITION TO DIRECTLY FUNDING OVER 2,000 YOUTH JOB SLOTS EACH SUMMER, THE CFE FUND IS SUPPORTING MUNICIPALITIES IN DEVELOPING TARGETED FINANCIAL EDUCATION AND BANKING ACCESS STRATEGIES THAT TAKE ADVANTAGE OF THE PAYCHECK OPPORTUNITY. 774667 144206 BANK ON:BANK ON PROVIDES CENTRAL SUPPORT TO ALMOST 90 LOCAL COALITIONS AND LIAISES NATIONALLY WITH BANKING, REGULATORY, AND NONPROFIT ORGANIZATION PARTNERS TO ENSURE THAT EVERYONE HAS ACCESS TO SAFE, AFFORDABLE BANKING. PROGRAM ACCOMPLISHMENTS INCLUDE: THE RELEASE OF THE FIRST-EVER BANK ON NATIONAL ACCOUNT STANDARDS, AND THE ACCOMPANYING MOVEMENT OF THE MARKET TO MEET THE STANDARDS; THE CREATION OF AN INFRASTRUCTURE TO EVALUATE AND VALIDATE ACCOUNTS THAT MEET THE STANDARDS; THE CREATION OF A PLATFORM TO FACILITATE AND AGGREGATE FINANCIAL INSTITUTION REPORTING OF DATA ABOUT BANK ON ACCOUNTS; (CONTINUED ON SCHEDULE O) A RANGE OF GRANT SUPPORT TO ASSIST LOCAL COALITIONS IN BUILDING THEIR CAPACITY AND EXPANDING BANKING ACCESS, INCLUDING THROUGH THE DEVELOPMENT OF REPLICABLE, LARGE-SCALE PROGRAMS THAT CONNECT UNDERSERVED POPULATIONS TO CERTIFIED ACCOUNTS; THE ESTABLISHMENT OF THE BANK ON FELLOWSHIP TO DEMONSTRATE WHAT FULL-TIME COALITION LEADERSHIP CAN ACCOMPLISH; AND ADDITIONAL TECHNICAL ASSISTANCE EFFORTS AIMED AT HELPING FINANCIAL INSTITUTIONS AND MUNICIPAL LEADERS UPGRADE AND REINVIGORATE LOCAL BANK ON PROGRAMS. 3284128 2098000 FINANCIAL EMPOWERMENT CENTER (FEC) REPLICATION:MUNICIPAL FINANCIAL EMPOWERMENT CENTERS (FECS) OFFER PROFESSIONAL, ONE-ON-ONE FINANCIAL COUNSELING AS A FREE PUBLIC SERVICE. THE MODEL, FIRST PILOTED IN NEW YORK CITY, IS NOW ACTIVE IN 23 CITIES AND COUNTIES, HELPING OVER 116,000 CLIENTS REDUCE DEBT BY OVER $160 MILLION AND INCREASE SAVINGS BY OVER $26 MILLION; ANOTHER 12 LOCAL GOVERNMENTS ARE WORKING TO LAUNCH A LOCAL FEC INITIATIVE. EACH PARTNER HAS SEEN INCREDIBLE DEMAND FOR FEC SERVICES AND HAS QUICKLY REALIZED THE IMPORTANCE OF THIS WORK; MANY HAVE TRANSITIONED SUCCESSFULLY FROM PRIVATE INVESTMENT INTO ONGOING PUBLIC FUNDING SUSTAINABILITY. (CONTINUED ON SCHEDULE O)NOW, THE CFE FUND'S COMPREHENSIVE FEC PUBLIC REPLICATION STRATEGY, INFORMED BY LESSONS FROM ORIGINAL FEC REPLICATION CITIES, IS ESTABLISHING ROLLING COHORTS OF DOZENS OF LOCAL GOVERNMENTS IMPLEMENTING PROFESSIONAL FINANCIAL COUNSELING AS A FREE PUBLIC SERVICE. IN ADDITION, INFORMED BY THE FEC MODEL, THE CFE FUND LAUNCHED A NEW FINANCIAL NAVIGATORS INITIATIVE IN 31 CITIES AND COUNTIES TO HELP RESIDENTS DEAL WITH THE FINANCIAL IMPACT OF THE COVID-19 PANDEMIC, PROVIDING PHONE-BASED REMOTE ASSISTANCE IN NAVIGATING CRITICAL FINANCIAL ISSUES AND MAKING REFERRALS TO OTHER SOCIAL SERVICES AND RESOURCES. 828192 182652 ADDITIONAL CFE FUND PROGRAMS INCLUDE: SUPPORTING THE CFE COALITION, AN INVITATION-ONLY GROUP OF 15 CITIES ON THE CUTTING EDGE OF MUNICIPAL FINANCIAL EMPOWERMENT; PROMOTING EFFORTS TO PROFESSIONALIZE AND EXPAND FINANCIAL COUNSELING AS A PUBLIC SERVICE; DEVELOPING CONSUMER FINANCIAL PROTECTION AGENCIES WITHIN LOCAL GOVERNMENT; AND PROVIDING INTENSIVE TECHNICAL ASSISTANCE TO HELP CITIES AND OTHER GOVERNMENT LEADERS EMBED FINANCIAL EMPOWERMENT STRATEGIES INTO PROGRAMS AND INFRASTRUCTURE. 828192 182652 9045708 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 13 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LISA NICOLLE GRIST 6463621639 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 JONATHAN MINTZ PRESIDENT AND CEO 40.00 X X 327067 0 16722 MICHAEL DUBIN TREASURER 1.00 X X 0 0 0 CATHLEEN MAHON SECRETARY 1.00 X X 0 0 0 JOSE CISNEROS BOARD MEMBER 1.00 X 0 0 0 LEIGH PHILLIPS BOARD MEMBER 1.00 X 0 0 0 NAOMI GENDLER CAMPER BOARD MEMBER 1.00 X 0 0 0 LISA NICOLLE GRIST PRINCIPAL 40.00 X 150172 0 16096 AMELIA ERWITT MANAGING DIRECTOR 40.00 X 188818 0 30049 I-HSING SUN CHIEF PROGRAM OFFICER 40.00 X 142683 0 18235 TAMARA LINDSAY PRINCIPAL 40.00 X 136757 0 16522 DAVID ROTHSTEIN PRINCIPAL 40.00 X 112838 0 28070 KAITLIN PLAT PRINCIPAL 40.00 X 111814 0 23166 1170149 0 148860 7 0 1 0 RALLY C/O COHEN PIVO 10474 SANTA MONICA LOS ANGELES CA 90025 MARKET RESEARCH 352238 SOLIANT CONSULTING INC 14 N PEORIA STE 2H CHICAGO IL 60607 TECHNOLOGY DEVELOPMENT 149115 2 13681000 13681000 131299 131299 MISCELLANEOUS INCOME 900099 6130 6130 6130 13818429 0 0 137429 6049858 6049858 746178 386648 156313 203217 1296451 1113829 64838 117784 56287 49644 1749 4894 187922 144550 15768 27604 146359 108460 15275 22624 1700 1700 70155 13052 57103 33707 33707 36363 36363 75669 62119 5739 7811 75022 54856 19261 905 281641 208711 29394 43536 220218 213000 7218 40849 30271 4264 6314 SITE VISITS AND CONVENI 204165 203566 599 RESEARCH AND EVALUATION 159875 159875 OTHER PROGRAM EXPENSES 152823 152823 PAYROLL PROCESSING FEES 36649 36649 25352 22676 2496 180 9897243 9045708 416666 434869 1271153 601129 10084554 11932419 5549834 6616900 3600 31224 47376 1121923 407033 424949 714890 81262 160598 17446576 20073312 244865 207292 6261595 4480369 352989 0 171360 6506460 5212010 X 2204525 2245034 8735591 12616268 10940116 14861302 17446576 20073312 3921186 0 X 0 1 X 1 0 X 14838402 8968014 15788136 10568500 13681000 63844052 14838402 8968014 15788136 10568500 13681000 63844052 44068934 19775118 11860 15256 59927 128289 131299 346631 2956 11132 10754 16404 6130 47376 64238059 134700 0.30780 X THE CFE FUND WAS ESTABLISHED TO HELP LOCAL GOVERNMENTS BUILD PROGRAMS AND STRATEGIES TO SUPPORT HOUSEHOLD FINANCIAL STABILITY. THE CFE FUND QUALIFIES AS A PUBLICLY SUPPORTED CHARITY DESCRIBED IN INTERNAL REVENUE CODE SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) BECAUSE IT MEETS THE 10% FACTS AND CIRCUMSTANCES TEST SET FORTH IN TREASURY REGULATION SECTION 1.170A-9(F)(3) FOR THE 2019 TAX YEAR.THE CFE FUND HAS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. THE CFE FUND BUILDS RELATIONSHIPS WITH A WIDE RANGE OF FOUNDATIONS, CORPORATIONS AND NON-PROFIT ORGANIZATIONS INTERESTED IN IMPROVING THE FINANCIAL STABILITY OF HOUSEHOLDS AND COMMUNITIES WITH LOW- AND MODERATE-INCOMES. THESE ENTITIES OFTEN INVITE THE CFE FUND TO APPLY FOR FUNDS, AND THE CFE FUND ALSO SUBMITS UNSOLICITED PROPOSALS TO SIMILAR ENTITIES. THE CFE FUND'S 42 DIFFERENT SOURCES OF SUPPORT INCLUDE NATIONAL, REGIONAL, AND FAMILY FOUNDATIONS, FINANCIAL INSTITUTIONS INVOLVED IN CONSUMER BANKING AND INSURANCE, AND NON-PROFIT ORGANIZATIONS SUCH AS LIVING CITIES (THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE). IN ITS FIRST FIVE YEARS OF OPERATION AS A 501(C)(3) ORGANIZATION, PUBLIC SUPPORT EQUALED FROM 47.94% TO 34.67% OF THE TOTAL SUPPORT RECEIVED BY THE CFE FUND. FOR THE 2019 TAXABLE YEAR, THE CFE FUND HAS A PUBLIC SUPPORT PERCENTAGE OF 30.78%.THE CFE FUND IS GOVERNED BY A BOARD OF DIRECTORS THAT INCLUDES ELECTED OFFICIALS AND OTHER INDIVIDUALS WHO ARE PROMINENT MEMBERS OF THE FINANCIAL EMPOWERMENT COMMUNITY AND HAVE SPECIAL KNOWLEDGE OF AND SIGNIFICANT EXPERTISE IN FINANCIAL EMPOWERMENT AND LOCAL GOVERNMENT STRATEGIES AND OPERATIONS.THE CFE FUND'S ENTIRE AND CONTINUOUS OPERATIONS ARE DEDICATED TO BUILDING AND ENHANCING SERVICES THAT BENEFIT THE GENERAL PUBLIC. ITS SUMMER JOBS CONNECT PROGRAM HAS CONNECTED WELL OVER A HUNDRED THOUSAND YOUNG PEOPLE IN 22 CITIES TO BANK ACCOUNTS AND FINANCIAL EDUCATION, SUPPORTING THEIR CAREER AND PERSONAL DEVELOPMENT. ITS BANK ON INITIATIVE HAS INSPIRED ALMOST A HUNDRED FINANCIAL INSTITUTIONS TO OFFER SAFE AND AFFORDABLE TRANSACTION ACCOUNTS THAT HAVE REACHED OVER TWO MILLION PEOPLE, PROTECTING THEM FROM OVERDRAFT FEES AND GIVING THEM A FOUNDATION FOR FUTURE ASSET BUILDING. ITS FINANCIAL EMPOWERMENT CENTER INITIATIVE HAS PROVIDED FREE PROFESSIONAL FINANCIAL COUNSELING TO OVER A HUNDRED THOUSAND PEOPLE, HELPING THEM SAVE OVER $26 MILLION AND REDUCE DEBT BY OVER $160 MILLION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 171143 8553 162590 101054 7218 93836 849726 391262 458464 714890 DEFERRED RENT 171360 171360 14067595 249166 249166 13818429 0 13818429 10146409 249166 249166 9897243 0 9897243 1 ASSET FUNDERS NETWORK 2045 W GRAND AVE STE B 50387 CHICAGO IL 60612 133001403 501C3 25000 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION BALTIMORE CIVIC FOUNDATION 1 NORTH CHARLES STREET SUITE 2400 BALTIMORE MD 21201 521212473 501C3 150000 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF ALBUQUERQUE 1 CIVIC PLAZA NW ALBUQUERQUE NM 87102 856000102 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF AURORA 44 E DOWNER PL INNOVATION CORE SERVICES DEPARTMENT AURORA IL 60507 366005778 150000 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF BALTIMORE - MAYOR'S OFFICE OF EMPLOYMENT DEVELOPMENT 417 E FAYETTE STREET SUITE 468 BALTIMORE MD 21202 526000769 50000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CITY OF BIRMINGHAM 710 20TH STREET N BIRMINGHAM AL 35203 636001201 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF BIRMINGHAM 710 20TH STREET N BIRMINGHAM AL 35203 636001201 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF CHATTANOOGA 101 EAST 11TH STREET CHATTANOOGA TN 37402 626000259 10000 LAUNCHING MUNICIPAL CONSUMER FINANCIAL PROTECTION OFFICES CITY OF CHICAGO 1615 WEST CHICAGO AVENUE CHICAGO IL 60622 366005820 703000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CITY OF COLUMBUS 90 WEST BROAD ST ROOM 231 COLUMBUS OH 43215 316400223 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF COLUMBUS 90 WEST BROAD ST ROOM 231 COLUMBUS OH 43215 316400223 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF DETROIT 2 WOODWARD AVE STE 1126 DETROIT MI 48226 386004606 10000 LAUNCHING MUNICIPAL CONSUMER FINANCIAL PROTECTION OFFICES CITY OF GAITHERSBURG 31 SOUTH SUMMIT AVE GAITHERSBURG MD 20877 526000792 20000 OPERATING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF GAITHERSBURG 31 SOUTH SUMMIT AVE GAITHERSBURG MD 20877 526000792 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF JACKSON 219 SOUTH PRESIDENT STREET PO BOX 17 JACKSON MS 39205 646000503 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF JERSEY CITY 280 GROVE STREET JERSEY CITY NJ 07302 226002013 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF MADISON 210 MARTIN LUTHER KING JR BLVD ROOM 406 MADISON WI 53703 396005507 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF MADISON 210 MARTIN LUTHER KING JR BLVD ROOM 406 MADISON WI 53703 396005507 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF MIAMI 444 SW 2ND AVENUE 5TH FLOOR MIAMI FL 33130 596000375 275000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CITY OF NEW ORLEANS 1300 PERDIDO ST NEW ORLEANS LA 70112 726000969 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF PATERSON 155 MARKET STREET 2ND FLOOR PATERSON NJ 07505 226002200 20000 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF PHILADELPHIA 1234 MARKET STREET 16TH FLOOR PHILADELPHIA PA 19107 236003047 10000 LAUNCHING MUNICIPAL CONSUMER FINANCIAL PROTECTION OFFICES CITY OF RACINE 730 WASHINGTON AVENUE ROOM 201 RACINE WI 53403 396005581 20000 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF ROANOKE 215 CHURCH AVE SW SUITE 364 ROANOKE VA 24011 546001569 150000 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF SAINT PAUL 390 CITY HALL 15 WEST KELLOGG BOULEVARD SAINT PAUL MN 55102 416005521 10000 LAUNCHING MUNICIPAL CONSUMER FINANCIAL PROTECTION OFFICES CITY OF SAN FRANCISCO DEPT OF CHILDREN YOUTH & THEIR FAMILIES 1390 MARKET STREET SUITE 900 SAN FRANCISCO CA 94102 946000417 350000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CITY OF SAN JOSE - OFFICE OF ECONOMIC DEVELOPMENT WORK2FUTURE 5730 CHAMBERTIN DRIVE SAN JOSE CA 95118 453156415 35000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CITY OF TULSA ONE TECHNOLOGY CENTER 175 E 2ND STREET TULSA OK 74103 736005470 20000 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF TULSA ONE TECHNOLOGY CENTER 175 E 2ND STREET TULSA OK 74103 736005470 20000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF VIRGINIA BEACH YOUTH OPPORTUNITIES OFFICE 2154 LANDSTOWN ROAD VIRGINIA BEACH VA 23456 540722061 30000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CITY OF WACO 300 AUSTIN AVE PO BOX 2570 WACO TX 76702 465714986 20000 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF WACO 300 AUSTIN AVE PO BOX 2570 WACO TX 76702 465714986 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION COLORADO NONPROFIT DEVELOPMENT CENTER 789 SHERMAN ST SUITE 250 DENVER CO 80203 841493585 501C3 25000 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION COMMUNITY FOUNDATION OF NEW JERSEY 35 KNOX HILL ROAD MORRISTOWN NJ 07960 222281783 501C3 200000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CONNECT DETROIT 613 ABBOTT STREET SUITE 310 DETROIT MI 48226 383570727 501C3 65000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CONNECTICUT ASSOCIATION FOR HUMAN SERVICES INC 110 BARTHOLOMEW AVENUE SUITE 4040 HARTFORD CT 06106 060653158 501C3 25000 LAUNCHING A LOCAL BANK ON COALITION COUNTY OF HAWAII 25 AUPUNI STREET SUITE 1301 HILO HI 96720 996000567 78000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION DC PUBLIC EDUCATION FUND 3407 14TH STREET NW WASHINGTON DC 20010 261607955 501C3 170000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS DETROIT EMPLOYMENT SOLUTION CORPORATION 440 E CONGRESS SUITE 400 DETROIT MI 48226 383353746 501C3 75000 INTEGRATING BANKING ACCESS AND FINANCIAL EDUCATION INTO YOUTH PROGRAMMING ECONOMIC AWARENESS COUNCIL 703 S STOUGH ST HINSDALE IL 60521 300158613 501C3 77000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS ENRICHMOND FOUNDATION PO BOX 25609 RICHMOND VA 23260 541610700 501C3 20000 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE ENTERPRISE COMMUNITY PARTNERS 1360 E 9TH ST 510 CLEVELAND OH 44114 521231931 501C3 25000 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION GOODWILL INDUSTRIES OF TULSA 2800 SOUTHWEST BLVD TULSA OK 74107 730614297 501C3 60000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION GOVERNMENT OF THE DISTRICT OF COLUMBIA DC DEPARTMENT OF INSURANCE SECURITIES BANKING 810 FIRST ST NE WASHINGTON DC 20002 536001131 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION GREATER HOUSTON COMMUNITY FOUNDATION HIRE HOUSTON YOUTH FUND 5120 WOODWAY DR 6000 HOUSTON TX 77056 237160400 501C3 50000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS GREENVILLE COUNTY 301 UNIVERSITY RIDGE SUITE 1600 GREENVILLE SC 29601 576000356 100000 OPERATING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE MAYORS FUND FOR LOS ANGELES 200 NORTH SPRING STREET ROOM 305 LOS ANGELES CA 90012 471084641 501C3 300000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS MAYOR'S FUND TO ADVANCE NEW YORK CITY 161 WILLIAM STREET NEW YORK NY 10038 133783906 501C3 860000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS NASHVILLE OPPORTUNITY NOW OPPORTUNIY NOW 1417 MURFREESBORO PIKE PO BOX 196300 NASHVILLE TN 37219 621471789 501C3 40000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS NCG COALITION FOR PUBLIC LIFE DBA LAS VEGAS VALLEY INTERFAITH SPONSORING 2108 REVERE ST NORTH LAS VEGAS NV 89030 271979373 501C3 25000 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION NEIGHBORHOOD ALLIES 225 ROSS STREET SUITE 202 PITTSBURGH PA 15219 251578436 501C3 100000 OPERATING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE PHILADELPHIA YOUTH NETWORK 400 MARKET ST STE 200 PHILADELPHIA PA 19106 232993155 501C3 80000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS POLK COUNTY 111 COURT AVENUE SUITE 300 DES MOINES IA 50309 426004519 150000 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE RISE FOUNDATION 2650 THOUSAND OAKS BLVD SUITE 2400 MEMPHIS TN 38118 311712061 501C3 10000 LAUNCHING MUNICIPAL CONSUMER FINANCIAL PROTECTION OFFICES SAN FRANCISCO OFFICE OF FINANCIAL EMPOWERMENT 1 DR CARLTON B GOODLETT PLACE- ROOM 140 SAN FRANCISCO CA 94102 912172676 115000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS THE CITY OF ROCHESTER 30 CHURCH STREET ROCHESTER NY 14614 166002551 150000 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE THE CITY OF SACRAMENTO 915 STREET NEW CITY HALL - 5TH FLOOR SACRAMENTO CA 95814 946000410 150000 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE THE ST LOUIS COMMUNITY FOUNDATION INC 2 OAK KNOLL ST LOUIS MO 63105 431758789 501C3 215000 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS THE WOMEN'S FOUNDATION FOR A GREATER MEMPHIS 40 S MAIN ST 2280 MEMPHIS TN 38103 582207247 501C3 100000 OPERATING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE UNITED WAY OF NORTHWEST LOUISIANA 820 JORDAN STREET SUITE 370 SHREVEPORT LA 71101 720503930 501C3 25000 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION UNITED WAY OF SUNCOAST 1800 2ND ST SUITE 102 SARASOTA FL 34238 593725701 501C3 32500 LAUNCHING A LOCAL BANK ON COALITION. WASHTENAW COUNTY 415 WEST MICHIGAN YPSILANTI MI 48197 386004894 20000 OPERATING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE WASHTENAW COUNTY 415 WEST MICHIGAN YPSILANTI MI 48197 386004894 80000 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION ADJUSTMENT TO PRIOR YEAR GRANTS AND DISCOUNTING ON MULTI YEAR GRANTS -170294 TO ADJUST THE VALUE OF MULTI YEAR GRANTS 24 32 PART I, LINE 2: GRANT APPLICANTS ARE REQUIRED TO PROVIDE DETAILED STATEMENTS ON HOW THEY WILL USE GRANT FUNDS, AND PROPER USAGE OF FUNDS IS REQUIRED IN ALL GRANT CONTRACTS AND MOUS. GRANTEES ARE REQUIRED TO SUBMIT INTERIM AND FINAL REPORTS WITH DETAILED ACCOUNTING OF FUNDS SPENT, ALONG WITH NARRATIVE REPORTS OUTLINING PROGRAM OPERATIONS AND BENCHMARKING PERFORMANCE AGAINST GRANT GOALS. IN ADDITION, CFE FUND STAFF ENSURE THAT GRANTS ARE USED FOR INTENDED PURPOSES THROUGH REGULAR ACTIVITIES SUCH AS PHONE CALLS AND SITE VISITS, WHICH OFTEN INCLUDE FIELD VISITS TO OBSERVE PROGRAMMATIC OPERATIONS. X X X X 0 0 0 0 0 0 0 0 0 JONATHAN MINTZ PRESIDENT AND CEO 302067 0 25000 0 0 0 15719 0 1003 0 343789 0 0 0 LISA NICOLLE GRIST PRINCIPAL 150172 0 0 0 0 0 9446 0 6650 0 166268 0 0 0 AMELIA ERWITT MANAGING DIRECTOR 169818 0 19000 0 0 0 11718 0 18331 0 218867 0 0 0 I-HSING SUN CHIEF PROGRAM OFFICER 123683 0 19000 0 0 0 9053 0 9182 0 160918 0 0 0 TAMARA LINDSAY PRINCIPAL 122893 0 13864 0 0 0 9000 0 7522 0 153279 0 0 0 FORM 990, PART III, LINE 2 IN RESPONSE TO THE ECONOMIC CRISIS CAUSED BY THE COVID-19 OUTBREAK, THE CFE FUND CREATED THE FINANCIAL NAVIGATORS PROGRAM AND FUNDED 31 LOCALITIES TO LAUNCH HOTLINES FOR FINANCIAL ADVICE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT HELPED PREPARE AND CONDUCTED A DETAILED REVIEW OF THE FORM 990. A COPY OF THE FORM 990 IS SENT ELECTRONICALLY BY MANAGEMENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO ITS SUBMISSION TO THE IRS. IT IS SENT WITH A COVER MEMO HIGHLIGHTING KEY ITEMS. BOARD MEMBERS ARE INVITED TO REPLY ELECTRONICALLY WITH COMMENTS OR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SUBMIT ANNUAL DISCLOSURES; TO DATE THERE HAVE NOT BEEN ANY CONFLICTS TO MONITOR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS, ESTABLISHED A COMPENSATION COMMITTEE, WHICH CONSISTED OF THE 4 INDEPENDENT MEMBERS. THE COMMITTEE CHAIR CONDUCTED A MARKET ANALYSIS AND THEN PRESENTED FINDINGS AND RECOMMENDATIONS TO THE REST OF THE COMMITTEE, WHO MET AND VOTED ON THE AMOUNT OF COMPENSATION FOR THE PRESIDENT AND CEO. THE BOARD OF DIRECTORS FORMALLY DELEGATES TO THE PRESIDENT AND CEO THE SETTING OF COMPENSATION FOR OTHER EMPLOYEES, BUT REVIEWS AND APPROVES THE REPORT ON THE COMPENSATION OF THE HIGHEST PAID EMPLOYEES. IN FY 18, THE CFE FUND HIRED AN EXTERNAL FIRM TO REVIEW THE ORGANIZATION-WIDE COMPENSATION SCHEME; THE FIRM PROVIDED DETAILED COMPARABLES AND AN ANALYSIS WHICH INFORMED CURRENT COMPENSATION FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO FUNDING ORGANIZATIONS UPON REQUEST.