THE BIDEN FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE BIDEN FOUNDATION (EIN 81-1329470)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-15
IRS object ID
202011369349303326
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-15T15:37:11-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11101 NEW YORK AVE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN811329470EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BIDEN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% THE BIDEN FOUNDATIONInCareOfNm
Business Name ControlBIDEBusinessNameControlTxt
Phone2026546200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o Perkins Coie 700 13th St NW SuAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY PECKPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2026546200PhoneNum
Signature2020-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMBER GAZICAPreparerPersonNm
PTINP01391011PTIN
Phone2023276000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address208.102.108.199IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id31499120201362000009FederalOriginalSubmissionId
Federal Original Submission Id2020-05-15FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id91B00EF3276D1BA5B19A2814D5EF5F5AFCFC2E4BAtSubmissionCreationDeviceId
At Submission Filing Device Id743D44171E0061D7605C98F94D110C1DE6F9B21DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJeffrey PeckPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 Connecticut Ave NWAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$333,833GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.bidenfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE BIDEN FOUNDATION CHAMPIONS PROGRESS AND PROSPERITY FOR AMERICAN FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,252,814PYContributionsGrantsAmt
CY Contributions Grants$283,222CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$5,000CYProgramServiceRevenueAmt
PY Investment Income$43,299PYInvestmentIncomeAmt
CY Investment Income$45,611CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,296,113PYTotalRevenueAmt
CY Total Revenue$333,833CYTotalRevenueAmt
PY Grants And Similar Paid$480,425PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$392,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,256,679PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$748,939CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$30,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$26,250CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$53,513CYTotalFundraisingExpenseAmt
PY Other Expenses$1,720,492PYOtherExpensesAmt
CY Other Expenses$801,905CYOtherExpensesAmt
PY Total Expenses$3,487,596PYTotalExpensesAmt
CY Total Expenses$1,969,094CYTotalExpensesAmt
PY Revenues Less Expenses-$191,483PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,635,261CYRevenuesLessExpensesAmt
Total Assets BOY$3,822,231TotalAssetsBOYAmt
Total Assets EOY$2,094,221TotalAssetsEOYAmt
Total Liabilities BOY$96,450TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,701TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,725,781NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,090,520NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$193,438ExpenseAmt
Grant$0GrantAmt
DescENDING VIOLENCE AGAINST WOMEN The Biden Foundation supports Youth LEADS and has created an advisory council to end gender-based violence. Youth LEADS (Leverage, Energize, and Define Solutions) is a Biden Foundation initiative to combat gender-based violence among youth by providing young leaders with the platforms, network, and organizational support they need to create change. Recognizing the power of community, Advisory Council members serve as ambassadors for the Biden Foundation, guiding strategic partnerships to create societal change.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$203,137ExpenseAmt
Grant$30,000GrantAmt
DescADVANCING COMMUNITY COLLEGE For millions of people across the United States, community college is the best path forward to fulfilling their potential. Today, more than half of all postsecondary learners attend community COLLEGES - INSTITUTIONS UNIQUELY SUITED TO MEET THE DIVERSE NEEDS OF TODAY'S STUDENTS - TO PURSUE AN EDUCATION WHILE WORKING FULL time and supporting their families. The Foundation will support these distinctly American institutions, where anyone who walks through the door is one step closer to the American Dream.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$178,368ExpenseAmt
Grant$5,000GrantAmt
DescSUPPORTING MILITARY FAMILIES The Foundation focused on military spouse employment, working to connect military spouses with career opportunities. It also led efforts to support military children: Operation Educate the educators, in partnership with the military child education Coalition and the American Association of Colleges for Teacher Education, directly engages educators to create learning environments that meet the needs of military families and children.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,102,958TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$357,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$1,677,901TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee16EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHE BIDEN FOUNDATIONPersonNm
Phone2026546200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O PERKINS COIE 700 13TH ST NW STAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
LOUISA TERRELLEnd 61
EXECUTIVE DIRECTOR40.00.0Yes (X)$173,159$0$29,474
Mala AdigaEnd 53119
Dir OF Higher Ed & Military Fa40.00.0$126,694$0$5,101Yes (X)
VALERIE BIDEN OWENS
Vice Chair5.00.0Yes (X)$0$0$0Yes (X)
Jeffrey Peck
Vice Chair & Treasurer5.00.0Yes (X)$0$0$0Yes (X)
TED KAUFMAN
CHAIR10.00.0Yes (X)$0$0$0Yes (X)
Mark Gitenstein
President5.00.0Yes (X)$0$0$0Yes (X)
Mark Angelson
Vice Chair & Secretary5.00.0Yes (X)$0$0$0Yes (X)
MICAELA FERNANDEZ ALLE
director5.00.0$0$0$0Yes (X)
NICOLE ISAAC
director5.00.0$0$0$0Yes (X)
DARLA POMEROY
director5.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$299,853TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$34,575TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$283,222AllOtherContributionsAmt
Total Contributions$283,222TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMILITARY FAMILIES: CHLDRN REIMBS FOR BKSDesc
Business451211BusinessCd
Total Revenue Column$5,000TotalRevenueColumnAmt
Related Or Exempt Func Income$5,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,611TotalRevenueColumnAmt
Exclusion$45,611ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$333,833TotalRevenueColumnAmt
Related Or Exempt Func Income$5,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$45,611ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$392,000TotalAmt
Program Services$392,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$178,624TotalAmt
Program Services$133,968ProgramServicesAmt
Management And General$26,794ManagementAndGeneralAmt
Fundraising$17,862FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$492,953TotalAmt
Program Services$469,417ProgramServicesAmt
Management And General$20,181ManagementAndGeneralAmt
Fundraising$3,355FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$23,824TotalAmt
Program Services$21,220ProgramServicesAmt
Management And General$1,809ManagementAndGeneralAmt
Fundraising$795FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$53,538TotalAmt
Program Services$53,538ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$70,930TotalAmt
Program Services$35,000ProgramServicesAmt
Management And General$35,930ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$94,959TotalAmt
Program Services$3,892ProgramServicesAmt
Management And General$90,940ManagementAndGeneralAmt
Fundraising$127FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$26,250TotalAmt
Fundraising$26,250FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$311,444TotalAmt
Program Services$308,215ProgramServicesAmt
Management And General$3,229ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$50,068TotalAmt
Program Services$42,239ProgramServicesAmt
Management And General$7,653ManagementAndGeneralAmt
Fundraising$176FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$16,071TotalAmt
Program Services$14,439ProgramServicesAmt
Management And General$1,160ManagementAndGeneralAmt
Fundraising$472FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$73,500TotalAmt
Program Services$66,621ProgramServicesAmt
Management And General$4,703ManagementAndGeneralAmt
Fundraising$2,176FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$52,822TotalAmt
Program Services$48,281ProgramServicesAmt
Management And General$4,529ManagementAndGeneralAmt
Fundraising$12FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$37,639TotalAmt
Program Services$37,639ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$70,603TotalAmt
Program Services$40,248ProgramServicesAmt
Management And General$28,122ManagementAndGeneralAmt
Fundraising$2,233FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEALS$11,704$3,513$8,151$40
LICENSES & SUBSCRIPTIONS$12,165$7,671$4,479$15

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,969,094TotalAmt
Program Services$1,677,901ProgramServicesAmt
Management And General$237,680ManagementAndGeneralAmt
Fundraising$53,513FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,743,637BOYAmt
EOY$2,064,666EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,000BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,375BOYAmt
EOY$1,009EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,580BOYAmt
EOY$28,546EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$37,639BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,822,231BOYAmt
EOY$2,094,221EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$96,450BOYAmt
EOY$3,701EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$96,450BOYAmt
EOY$3,701EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,725,781BOYAmt
EOY$2,090,520EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,725,781BOYAmt
EOY$2,090,520EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,822,231BOYAmt
EOY$2,094,221EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,635,261ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,401,100CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,222,073CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,252,814CurrentTaxYearMinus1YearAmt
Current Tax Year$283,222CurrentTaxYearAmt
Total$10,159,209TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,401,100CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,222,073CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,252,814CurrentTaxYearMinus1YearAmt
Current Tax Year$283,222CurrentTaxYearAmt
Total$10,159,209TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,859,315SubstantialContributorsTotAmt
Public Support Total170$4,299,894PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$329CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,010CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$43,299CurrentTaxYearMinus1YearAmt
Current Tax Year$45,611CurrentTaxYearAmt
Total$90,249TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$10,249,458TotalSupportAmt
Gross Receipts Rltd Activities$5,000GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp
EquipmentEquipmentGrp
Other Land BuildingsOtherLandBuildingsGrp
Total Rev Etc Audited Fincl Stmt$333,833TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$333,833RevenueSubtotalAmt
Total Revenue Per Form990$333,833TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,969,094TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,969,094ExpensesSubtotalAmt
Total Expenses Per Form990$1,969,094TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
YMCA OF THE USA
101 N WACKER DRCHICAGOIL60606560591307501(c)(3)$350,000support
ACHIEVING THE DREAM
8403 COLESVILLE RDSILVER SPRINGMD20910271635830501(c)(3)$30,000supportSUITE 450
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Line 2FormAndLineReferenceDesc
ExplanationThe Biden Foundation works closely with its grant recipients to create initiatives that align with its exempt purpose. Each initiative is directly aligned with one of the Foundation's pillars.See the Program Services descriptions in Form 990, Part III and Schedule O for more information on the Foundation's grant programs. Additionally, a formal grant agreement is signed by both parties attesting to the use of the funds before a grant is provided.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLOUISA TERRELLEnd 61519PersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$173,159BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$7,145DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$22,329NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$202,633TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 4a - SeveranceFormAndLineReferenceDesc
ExplanationThe Biden Foundation suspended its operations in 2019. All employees were given three months severance compensation. Louisa Terrell received $59,225. Mala Adiga received $44,908.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
form 990, part iii, line 1ORGANIZATION'S MISSION THE BIDEN FOUNDATION BUILDS UPON VICE PRESIDENT AND DR. BIDEN'S LIFELONG COMMITMENT TO PROTECT AND ADVANCE THE RIGHTS AND OPPORTUNITIES OF ALL PEOPLE THROUGH EDUCATIONAL PROGRAMMING AND PUBLIC POLICY ANALYSIS. The Foundation's primary areas of focus are: FOREIGN POLICY, THE CANCER INITIATIVE, COMMUNITY COLLEGES AND MILITARY FAMILIES, PROTECTING CHILDREN, EQUALITY, VIOLENCE AGAINST women, and strengthening THE MIDDLE CLASS. VICE PRESIDENT BIDEN HAS PLAYED A UNIQUE ROLE IN OUR COUNTRY THROUGHOUT HIS YEARS OF PUBLIC SERVICE. HE HAS CHAMPIONED - AND WILL CONTINUE TO CHAMPION - PROGRESS AND PROSPERITY FOR AMERICAN FAMILIES. THE BIDEN FOUNDATION BUILDS UPON THAT MISSION: TO IDENTIFY POLICIES THAT ADVANCE THE MIDDLE CLASS, DECREASE ECONOMIC INEQUALITY AND INCREASE OPPORTUNITY FOR ALL PEOPLE. IN ADDITION, THE FOUNDATION WILL WORK TO ENSURE THAT EVERYONE - NO MATTER THEIR INCOME LEVEL, RACE, GENDER, AGE OR SEXUALITY - IS TREATED EQUALLY AND GETS A FAIR SHOT AT ACHIEVING THE AMERICAN DREAM. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ENSURING LGBTQ EQUALITY In America, everyone is entitled to be treated with dignity and respect, regardless of who they are and who they love. Over the past decade, we've made remarkable progress on the journey toward full equality. LGBTQ people are now protected by a federal hate crimes law, no longer banned from serving in the military, and free to marry nationwide. But important work remains if we are to achieve equality for all Americans. Vice President Joe Biden has played a unique role throughout his years of public service, championing progress and prosperity for all. The Biden Foundation will build on that work, continuing Joe Biden's fight for equality that began in the civil rights era and extends to his leadership on LGBTQ equality today. STRENGTHENING THE MIDDLE CLASS Joe Biden believes in the American middle class. To him, the middle class is not only the economic engine of America, but it's also the glue that holds the social fabric of this nation together. He's fought his whole CAREER TO GIVE PEOPLE IN ALL COMMUNITIES - LIKE THE ONES HE AND DR.BIDEN GREW UP IN - A FAIR SHOT AT ACHIEVING THEIR DREAMS. AND HE KNOWS THAT IF you give all Americans a fighting chance, they can do extraordinary things. Middle class families have made incredible progress, but there's more work to do. That's why we launched the Biden Forum. The Biden Forum is an online conversation devoted to you: the American middle class and those working hard to get there. The Forum features diverse viewpoints from industry leaders, innovators, elected officials, and American workers from every corner. We are spotlighting local initiatives from communities across the country and providing a platform for everyday people to share their ideas. FORM 990, PART VI, LINE 11B DESCRIBE THE PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW FORM 990 THE 990 IS REVIEWED BY THE TREASURER AND DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE FILING.
form 990, part vi, line 12cDESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST: THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES THAT EACH officer or director disclose ANY POTENTIAL CONFLICT OF INTEREST. COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AND REVIEWED BY OUTSIDE COUNSEL. ANY OFFICER OR DIRECTOR FOUND TO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A TRANSACTION IN WHICH THE ORGANIZATION IS INVOLVED IS RECUSED FROM DELIBERATION AND DECISION-MAKING RELATED TO SUCH TRANSACTION IN THE MANNER SET FORTH IN SECTION C.3 OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, LINE 15A PROCESS FOR DETERMINING COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL: COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS USING PREVAILING MARKET DATA.
FORM 990, PART VI, LINE 19DOCUMENTS AVAILABLE TO THE PUBLIC The Biden Foundation posts its audited financial statements and 990 to its website. The Governing documents are available upon request.
FORM 990 PART IX LINE 11GDESCRIPTION:COMMUNICATIONS TOTAL FEES:108969
FORM 990 PART IX LINE 11GDESCRIPTION:PROGRAM CONSULTANTS TOTAL FEES:202475

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