2021-09-14T13:13:43-07:00 2020-12-31 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2020-01-01 452883197 The SASB Foundation prev Sustainability Actg Standards Board SASB 4158309220 1045 Sansome Street 450 San Francisco CA 94111 Matthew Welch President & COO 4158309220 2021-09-14 true Matthew Welch 999009999 Douglas W Regalia P00186389 9253140390 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Matthew Welch 1045 Sansome Street 450 San Francisco CA 94111 12963807 false X www.sasb.org X 2011 CA The mission of the Sustainability Accounting Standards Board (SASB) Foundation is to establish and improve industry specific disclosure standards across financially material environmental, social and governance topics that facilitate (continued at the top of the next page) 21 19 49 50 0 3195621 8382917 2469909 4546435 1458 1822 32633 5666988 12963807 0 0 5737700 7055700 0 856707 2711257 2770127 8448957 9825827 -2781969 3137980 10641707 14927184 6109457 7297954 4532250 7629230 X communication between companies and investors about decision-useful information. false false 7621734 4579068 SASB envisions a world where all forms of capital are accounted for and managed. With SASB industry-specific standards in place, companies compete and improve performance on the sustainability issues that matter most and investors drive capital to the most sustainable outcomes. SASB defines sustainability as environmental, social and governance factors that have the potential to affect long-term value creation and/or are in the publics interest.SASB is accomplishing this through intensive evidence-based research of material issues within industry; convening working groups to establish accounting metrics; partnering with the accounting profession to develop auditing protocols; and providing education with regard to recognition and accounting of material non-financial issues. [Continued on Schedule O] 7621734 true true false true false false false false false false true false false false true true true false false true true false false false false false false false false true false false false true false false false false false false false false false false false false false true 11 0 true 49 true false false false false false true true false 0 false false false false false false false X 21 19 true false false false false false false true true false false true true true true true true true true false AK AL AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X X Matthew Welch President COO 4158309220 1045 Sansome 450 San Francisco CA 94111 X Janine Guillot Director & CEO 40.00 0.00 X X 400800 0 34095 Matthew Welch President & COO 40.00 0.00 X X 320800 0 20348 Madelyn Antoncic CEO 40.00 0.00 242500 0 0 Jeff Cohen Dir of Cap Markets 40.00 0.00 198926 0 16751 Nicolai Lundy Dir Ptshp/Outreach 40.00 0.00 190492 0 23607 Bryan Esterly Dir Research Std 40.00 0.00 172886 0 23578 Madhu Mathew Dir of Technology 40.00 0.00 175431 0 19841 Katie Schmitz Eulitt Dir Invest Outrch 40.00 0.00 178896 0 14979 Robert Steel Chair 4.00 0.00 X X 0 0 0 Mary Schapiro Vice Chair 4.00 0.00 X X 0 0 0 Steve Gunders Treasurer 4.00 0.00 X X 0 0 0 Alan Beller Secretary 4.00 0.00 X X 0 0 0 Rudolf Bless Director 2.00 0.00 X 0 0 0 Else Bos Director 2.00 0.00 X 0 0 0 Audrey Choi Director 2.00 0.00 X 0 0 0 Michelle Collins Director 2.00 0.00 X 0 0 0 Deborah DeHaas Director 2.00 0.00 X 0 0 0 Paul Druckman Director 2.00 0.00 X 0 0 0 Kenneth Goldman Director 2.00 0.00 X 0 0 0 Robert Herz Director 2.00 0.00 X 0 0 0 Michael Jantzi Director 2.00 0.00 X 0 0 0 Paula Loop Director 2.00 0.00 X 0 0 0 James McIntire Director 2.00 0.00 X 0 0 0 Roy Swan Director 2.00 0.00 X 0 0 0 Laura Tyson Director 2.00 0.00 X 0 0 0 Jay Willoughby Director 2.00 0.00 X 0 0 0 Charles Zegar Director 2.00 0.00 X 0 0 0 1880731 153199 26 true true false JR Language Translation Services Inc 388 Market Street 1300 San Francisco CA 94111 Translation Services 296471 FleishmanHillard 720 California Street San Francisco CA 94108 Public Affairs Advisory 287745 Design Rocket 2120 University Avenue Berkeley CA 94704 Web Design & Branding 123800 Jorsek Inc 320 Goodman Street N Rochester NY 14607 Content Mgmt System 100300 4 8382917 8382917 Programs/earned income 541200 4546435 4546435 4546435 1822 1822 0 0 0 0 0 0 0 Other Income 541200 32633 32633 32633 12963807 4579068 1822 X 0 0 0 0 964100 543391 170888 249821 0 4898231 4030275 552419 315537 581662 453800 71767 56095 192964 150546 23808 18610 418743 326694 51665 40384 0 4304 4304 127032 127032 0 0 0 1238319 1038034 101136 99149 11016 11016 24075 16599 6411 1065 21354 16295 3518 1541 0 342279 260988 70697 10594 0 129560 69388 56414 3758 21711 19445 2100 166 0 0 14618 11321 2222 1075 70692 54687 10775 5230 Annual software subscriptions 323967 283644 26489 13834 Cost of earned revenue 210573 210573 Other Personnel Costs 104570 24432 49776 30362 Product Development 67687 67687 58370 32919 15965 9486 9825827 7621734 1347386 856707 1237020 787412 2440363 4402040 5868116 8814105 0 0 0 0 0 175696 245910 426169 381936 58851 44233 0 0 0 0 861661 633484 10641707 14927184 274241 335450 1112135 1983817 3000000 3000000 1723081 1978687 6109457 7297954 X -3172694 -1530408 7704944 9159638 4532250 7629230 10641707 14927184 X 3137980 824010 -865010 X false true X true false X 2547425 7488864 13346723 3195621 8382917 34961550 0 0 2547425 7488864 13346723 3195621 8382917 34961550 21746532 13215018 781 1588 1019 1548 1822 6758 0 6296 16168 1296 32633 56393 35024701 9487223 0.37730 0.54320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 466719 466719 9359108 9825827 641291 160323 false 433146 544340 572448 641291 2191225 3286838 466719 466719 108287 136085 143112 160323 547807 821711 324808 324808 29477 16813 12664 71884 40315 31569 44233 Accrued payroll liabilities 1350728 Lease payable 627959 1978687 X 13746817 824010 -41000 783010 12963807 12963807 10649837 824010 824010 9825827 9825827 Part X : FIN48 Footnote Income TaxesIncome Taxes SASB is organized as California nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 501(a) as organizations described in IRC Section 501(c)(3), qualifies for the charitable contribution deduction under IRC Sections 170(b)(1)(A)(vi) and (viii), and has been determined not to be private foundations under IRC Sections 509(a)(1) and (3), respectively. SASB is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. SASB is not required to file an Exempt Organization Business Income Tax Return (Form 990-T) because it had no unrelated business taxable income for the year ended December 31, 2020.SASB has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that SASB continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. true France 1 1 Reporting compliance Senior EU Advisor 64213 Mexico 1 1 Reporting compliance Data Compilation 89131 2 2 2 2 153344 153344 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US The SASB Foundations representatives in France and Mexico engage with companies in the region and compile data about company use of SASB Standards. X X X X X true false false true false false false true false Bryan Esterly Dir Research Std 172886 18929 4649 196464 Janine Guillot Director & CEO 400800 26000 8095 434895 Jeff Cohen Dir of Cap Markets 143926 55000 12140 4611 215677 Katie Schmitz Eulitt Dir Invest Outrch 178896 14652 327 193875 Madelyn Antoncic CEO 242500 242500 Madhu Mathew Dir of Technology 175431 19500 341 195272 Matthew Welch President & COO 260800 60000 19500 848 341148 Nicolai Lundy Dir Ptshp/Outreach 190492 19100 4507 214099 Part I, Line 7: Non-Fixed payments not listed above Certain employees received bonus payments in accordance with provisions established by the Board of Directors. Bloomberg Philanthropies Frmr Chair Operations X 3000000 3000000 false true true 3000000 Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee In accordance with common practice in the nonprofit community, the Board delegates certain matters to various Committees which are empowered to act between board meetings if necessary, and sometimes with specifically delegated authority to act in particular areas on behalf of the full board. The composition of the various committees includes certain members of the organization's board. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Directors Robert Herz and Mary Schapiro are on the board for Morgan Stanley and Director Audrey Choi is an employee of Morgan Stanley. Mary Schapiro worked for Bloomberg LP, and Bloomberg Philanthropies (a separate entity), which is a major funder of SASB. Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. The form is then reviewed by the organizations management, the Audit Committee of the Board of Directors, and the President. THIS GROUP OF INDIVIDUALS THEN DISCUSSES THE CONTENTS OF THE RETURN WITH THE OUTSIDE TAX PROFESSIONAL. AFTER A FULL REVIEW, THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. A REPRESENTATIVE OF MANAGEMENT AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST ATLEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (INWRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. loans from the organization to management or directors are prohibited. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The compensation committee of the board REVIEWs THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees COMPENSATION OF OTHER HIGH-LEVEL PERSONNEL AND KEY EMPLOYEES IS REVIEWED PERIODICALLY BY the compensation committee of the Board. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES AND ALL RELATED BENEFITS. ALL DECISIONS ARE THEN DOCUMENTED IN PERSONNEL FILES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGALFILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BYTAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE available to the general public for download at various third-party websites such as www.guidestar.org and www.charitynavigator.org, among others. Tax returns ARE ALSO AVAILABLE FOR A PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN SAN FRANCISCO, CALIFORNIA. Other Changes In Net Assets Or Fund Balances - Other Decreases Change in discount on long-term receivables = -$41000 Other Changes In Net Assets Or Fund Balances - Other Decreases Donated services and use of facilities = -$824010 Form 990 Page 2 Part III 4b SASB is not affiliated with FASB, GASB, IASB or any other accounting standards boards. SASBs mission is a natural evolution in the history of corporate reporting. SASB is continuing the tradition of disclosure to identify and inform investors of material information, and extending it to environmental, social and governance factors. Sustainability accounting standards are intended as a complement to financial accounting standards, such that financial fundamentals and sustainability fundamentals can be evaluated side by side to provide a complete view of a corporation's performance.In-Kind Revenue and Expenses---------------------------- During the year ended December 31, 2020, SASB was the recipient of certain pro-bono and in-kind services which amounted to $824,010. These in-kind amounts have been excluded from revenues and expenses in the tax return in accordance with instructions from the Internal Revenue Service.