2020-11-16T16:28:25-06:00 2019-12-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET 32 FL NEW YORK NY 10005 990 2019-01-01 521160561 CONGRESSIONAL BLACK CAUCUS FOUNDATION INC CONG 2022632800 1720 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 MR DAVID HINSON PRESIDENT AND CEO 2022632800 2020-11-16 1 FREDERICK E DAVIS JR P00446023 2127094500 2020-11-16 50.204.18.22 2020-11-16 16:27:26 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E48BF5650B02CECFBA51529E5746DFE85798A07F 2019 2021-01-29 14:40:06Z MR DAVID HINSON 1720 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 10216840 0 X WWW.CBCFINC.ORG X 1976 DC TO ADVANCE THE BLACK COMMUNITY BY DEVELOPING LEADERS, INFORMING POLICY, & EDUCATING THE PUBLIC. 39 32 40 180 0 0 6530181 4804893 168251 0 34995 70612 956668 1733752 7690095 6609257 1241996 1329118 0 0 2650169 3011758 0 0 521549 3457962 3296528 7350127 7637404 339968 -1028147 9477324 8610640 375128 316851 9102196 8293789 X THE CONGRESSIONAL BLACK CAUCUS FOUNDATION, INC. (CBCF) IS A NONPROFIT, NONPARTISAN PUBLIC POLICY, RESEARCH AND EDUCATIONAL INSTITUTE THAT AIMS TO HELP IMPROVE THE SOCIOECONOMIC CIRCUMSTANCES OF AFRICAN AMERICANS AND OTHER UNDERSERVED COMMUNITIES. FOUNDED IN 1976 AND BASED IN WASHINGTON, D.C., CBCF ENVISIONS A WORLD IN WHICH THE BLACK COMMUNITY IS FREE OF ALL DISPARITIES AND ABLE TO CONTRIBUTE FULLY TO ADVANCING THE COMMON GOOD. ITS MISSION IS TO ADVANCE THE GLOBAL BLACK COMMUNITY BY DEVELOPING LEADERS, INFORMING POLICY AND EDUCATING THE PUBLIC. IT IS ACHIEVING THAT MISSION BY: FACILITATING THE EXCHANGE OF IDEAS AND INFORMATION TO ADDRESS CRITICAL ISSUES AFFECTING OUR COMMUNITIES; DEVELOPING STRATEGIC RESEARCH AND HISTORICAL RESOURCES FOR THE PUBLIC; PROVIDING LEADERSHIP DEVELOPMENT AND SCHOLARSHIP OPPORTUNITIES; DEVELOPING EFFECTIVE PROGRAMS AND RESEARCH TO ADDRESS SOCIAL, ECONOMIC AND HEALTH DISPARITIES. 0 0 6031700 1329118 LEADERSHIP INSTITUTE - THE CONGRESSIONAL BLACK CAUCUS FOUNDATION, INCORPORATED'S (CBCF) LEADERSHIP INSTITUTE OFFERS A MYRIAD OF PROGRAMS AIMED AT BUILDING THE NEXT GENERATION OF LEADERS TO INCLUDE: INTERNSHIPS, FELLOWSHIPS, SCHOLARSHIPS, AND STUDY ABROAD PROGRAMS. OPPORTUNITIES ARE PROVIDED TO AFRICAN AMERICAN EMERGING LEADERS INTERESTED IN GAINING FIRST-HAND EXPERIENCE IN PUBLIC POLICY MAKING AS WELL AS DULY COMMITTED TO ADDRESSING SOCIAL INEQUITIES AMONG UNDERSERVED GROUPS. INTERNSHIPS ARE OFFERED IN THE SPRING AND FALL (16-WEEKS) AND THE SUMMER (9-WEEKS) ALONG WITH PROFESSIONAL DEVELOPMENT LEADERSHIP TRAINING. FELLOWSHIPS ARE FOR 20-MONTHS ALLOWING YOUNG PROFESSIONALS TO GAIN EXPERIENCE WORKING ON CAPITOL HILL IN BOTH MEMBER OFFICES THE HOUSE AND SENATE COMMITTEES. SCHOLARSHIPS ARE PROVIDED TO STUDENTS IN THE VISUAL AND PERFORMING ARTS AS WELL EDUCATIONAL SCHOLARSHIPS FOR ALL MAJORS. 73646 THE AVOICE VIRTUAL LIBRARY PROJECT - THE AVOICE VIRTUAL LIBRARY PROJECT (WWW.AVOICEONLINE.ORG) IS AN EDUCATIONAL PROGRAM STARTED BY THE CONGRESSIONAL BLACK CAUCUS FOUNDATION, INC. TO CHART THE CAUCUS' POLITICAL CONTRIBUTIONS SINCE 1971. AS A VIRTUAL LIBRARY OF NEARLY 1400 ITEMS, IT CHALLENGES VISITORS TO FOCUS ON ORIGINAL SOURCES THAT ENCOURAGES LEARNERS TO CREATE PERSONAL LINKS TO THE CBC'S HISTORY AND SOCIAL IMPACT. THE LAUNCHING OF AVOICE WAS INSPIRED BY THE SLEW OF LEGISLATION AND INITIATIVES AS PART OF THE POST-KATRINA POLITICAL AND SOCIAL REACTION. REP. ELIJAH CUMMINGS DESCRIBED THE PROJECT AS TO "VIRTUALLY TAKE HISTORY OUT OF THOSE BOXES AND DISPLAY IT FOR THE WORLD TO SEE (WILSON 2006, P.5)"AVOICE IS A DISTINCTIVE KIND OF PRESERVATION PROJECT, HIGHLIGHTING AN IMPORTANT ASPECT OF BLACK POLITICAL STUDIES: LEGISLATING CIVIL RIGHTS DEMANDS A BROAD AND DYNAMIC SPECTRUM OF ACTIVITIES AND STRATEGIES OF ACTION. AVOICE LAUNCHED THE JOURNAL OF THE CENTER FOR POLICY ANALYSIS AND RESEARCH, ESTABLISHED AN EDITORIAL BOARD, HELD A JOURNAL RECEPTION LAUNCH IN OCTOBER OF 2018, HELD AN AVOICE SESSION WITH 100 HIGH SCHOOL STUDENTS AT ALC, COMPLETED THE 10TH EXHIBIT, AND EXECUTED THE TRANSFER OF ALL AVOICE ARCHIVAL ITEMS FROM OUR UNIVERSITY OF TEXAS AT AUSTIN PARTNERS UNDER THE JURISDICTION AND OWNERSHIP OF CBCF. EXECUTIVE ECONOMIC SUMMIT - THE PURPOSE OF THE SUMMIT WAS TO ADVANCE POLICY TO PROMOTE MINORITY ACCESS TO CAPITAL AS IT RELATES TO THE FINANCIAL SERVICES SECTOR, REAL ESTATE, EQUITY INVESTMENTS/DEVELOPMENT, AND LARGE SCALE GOVERNMENT CONTRACTING. SIX SUMMITS HAVE BEEN HELD SINCE 2015 WITH THE LAST SUMMIT HELD IN DETROIT ON MAY 6-7, 2018. THE TITLE WAS "OVERCOMING THE CHALLENGES OF THE PAST, PRESENT, AND FUTURE OF BLACK BUSINESS." A PUBLICATION WAS PRODUCED ON THE DAY LONG POLICY DISCUSSIONS ENTITLED, "DETROIT: A TALE OF TWO CITIES." THE DAY LONG SUMMIT INCLUDED KEYNOTE SPEAKERS, PANELS, NETWORKING OPPORTUNITIES, AND A PRE-RECEPTION DINNER. 6105346 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 282 0 1 40 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 39 32 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 1 0 DC MD X THE ORGANIZATION 2022632800 1720 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 REP CEDRIC RICHMOND CHAIR 1.00 X X 0 0 0 PAMELA G ALEXANDER DIRECTOR 1.00 X 0 0 0 REP JOYCE BEATTY DIRECTOR 1.00 X 0 0 0 RONALD BLAYLOCK DIRECTOR 1.00 X 0 0 0 AISHA BOWE DIRECTOR 1.00 X 0 0 0 KEVIN BROWN DIRECTOR 1.00 X 0 0 0 SHANTI DAS DIRECTOR 1.00 X 0 0 0 REP DWIGHT EVANS DIRECTOR 1.00 X 0 0 0 REP MARCIA FUDGE DIRECTOR 1.00 X 0 0 0 DR HENRY LOUIS GATES JR DIRECTOR 1.00 X 0 0 0 REP ALCEE HASTINGS DIRECTOR 1.00 X 0 0 0 JOCELYN HOPE DIRECTOR 1.00 X 0 0 0 FRED HUMPRIES DIRECTOR 1.00 X 0 0 0 REP SHEILA JACKSON LEE DIRECTOR 1.00 X 0 0 0 LEONARD JAMES III DIRECTOR 1.00 X 0 0 0 LONNIE L JOHNSON DIRECTOR 1.00 X 0 0 0 TAMMY JONES DIRECTOR 1.00 X 0 0 0 DEDE LEA DIRECTOR 1.00 X 0 0 0 DR KEITH MAGEE DIRECTOR 1.00 X 0 0 0 DR TROY NASH DIRECTOR 1.00 X 0 0 0 JULIA SIMON DIRECTOR 1.00 X 0 0 0 AL SMITH DIRECTOR 1.00 X 0 0 0 TONYA VEASEY DIRECTOR 1.00 X 0 0 0 KEVIN WASHINGTON DIRECTOR 1.00 X 0 0 0 KENDRICK MEEK DIRECTOR EMERITUS 1.00 X 0 0 0 CHAKA BURGESS DIRECTOR 1.00 X 0 0 0 DAVID HINSON PRESIDENT AND CEO 40.00 X 275000 0 0 REP KAREN BASS CBC CHAIRPERSON 1.00 X 0 0 0 MIANNE CLEAVER CAC CHAIRPERSON 1.00 X 0 0 0 LORI BILLINGSLEY VICE CHAIR 1.00 X 0 0 0 EARLE JONES SECRETARY 1.00 X 0 0 0 JANICE BRYANT HOWROYD TREASURER 1.00 X 0 0 0 DEIDRA BARKSDALE CFO 40.00 X 150000 0 0 CHRISTOPHER EPPS VP MARKETING COMMUNICATIONS 40.00 X 135200 0 0 MENNA DEMESSIE SR. VP POLICY ANALYSIS & RESEARCH 40.00 X 136500 0 0 ANNE-MARIE BURTON VP PROGRAMS 40.00 X 130000 0 0 SHARON HOLLOWAY SR. DIRECTOR HR 40.00 X 129963 0 0 ERICA SOUTHERLAND DIR. COMMUNICATIONS 40.00 X 105060 0 0 1061723 0 0 7 0 1 0 THE EXPO GROUP 5931 CAMPUS CIRCLE DRIVE W IRVING TX 75063 PROVIDE ALC DCOR, ELECTRICAL WORK, EXHIB 340000 GLP 3445 MOUNT BURNSIDE WAY WOODBRIDGE VA 22192 PROVIDE THE SHOW PRODUCTION FOR THE ALC 230374 WISH 237 MASSACHUSETTS AVENUE NE WASHINGTON DC 20002 INTERN HOUSING (SPRING, SUMMER AND FALL) 222500 LIAISON WASHINGTON 415 NEW JERSEY AVENUE WASHINGTON DC 20001 FOOD AND BEVERAGE CATERING FOR INTERN RE 118305 WCC 801 MOUNT VERNON PLACE WASHINGTON DC 20001 THIS IS WHERE WE HOLD OUR ANNUAL LEGISLA 110000 5 1287584 3517309 4804893 70612 70612 5339335 1287584 3607583 1731752 1731752 MISCELLANEOUS REVENUE 2000 2000 2000 6609257 0 0 1804364 1329118 1329118 2827090 2165635 266996 394459 21598 11000 8628 1970 163070 44053 98229 20788 748667 588918 91094 68655 135126 135126 38316 38316 350660 348536 2124 188424 83332 99185 5907 161804 68176 83083 10545 172784 146444 24225 2115 1132623 1124439 7649 535 21941 21941 132364 45106 75357 11901 34538 34538 MEMBERSHIP DUES 169548 143098 22946 3504 GIFTS & AWARDS 9733 7491 1072 1170 7637404 6105346 1010509 521549 4284010 3967022 2203154 1732130 853141 962143 150938 84466 5603519 3738640 1986081 1864879 9477324 8610640 365552 316851 9576 375128 316851 X 5249628 4480200 3852568 3813589 9102196 8293789 9477324 8610640 -1028147 18740 201000 0 X 0 1 X 1 0 X 6329185 6776629 5981724 7486849 5005893 31580280 6329185 6776629 5981724 7486849 5005893 31580280 4294717 27285563 18282 27062 46838 34995 91352 218529 1731752 1731752 33530561 724356 0.81380 0.84530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 277794 277794 3704546 2134604 1569942 706781 703181 3600 914398 900855 13543 1864879 6828997 18740 201000 219740 6609257 0 6609257 7637404 0 7637404 0 7637404 PART X, LINE 2: MANAGEMENT ANALYZED THE TAX POSITIONS TAKEN BY CBCF AND CONCLUDED THAT AS OF DECEMBER 31, 2019, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE EXPECTED TO BE TAKEN. ACCORDINGLY, NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS HAVE BEEN ACCRUED IN THE ACCOMPANYING FINANCIAL STATEMENTS. CONFERENCE FUNDRAISER 6135532 746097 5389435 67847 203371 1171256 189813 4293528 SCHOLARSHIP FUNDRAISER 491387 491387 19269 35804 80643 35981 6626919 1237484 5389435 87116 239175 1251899 225794 4293528 6097512 -708077 1 SCHOLARSHIPS 256 553366 STIPENDS 366900 HOUSING 408852 FMV TERMPORARY INTERN HOUSING PART I, LINE 2: STUDENTS APPLY ONLINE FOR THE INTERNSHIP PROGRAMS. AFTER THE DEADLINE, AN INTERNAL GROUP SCREENS APPLICATIONS TO DETERMINE ELIGIBILITY AND SUITABILITY. SEPARATE COMMITTEES THEN SELECT INTERNS AND CBCF IDENTIFIES APPROPRIATE PLACEMENT FOR EACH CONFIRMED INTERN. INTERNS RECEIVE A BI-WEEKLY STIPEND AND HOUSING DURING THEIR PROGRAM. STUDENTS APPLY ONLINE FOR THE SCHOLARSHIP PROGRAMS. AFTER THE DEADLINE, AN INTERNAL GROUP IDENTIFIES ELIGIBLE APPLICANTS AND SEPARATE COMMITTEES SELECT AWARD RECIPIENTS. RECIPIENTS ARE NOTIFIED AND CBCF BEGINS PROCESSING THEIR AWARD DISTRIBUTION FOR THE UPCOMING ACADEMIC YEAR. ONE-TIME DISBURSEMENTS ARE SENT TO SCHOOLS AND CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT BETWEEN THE MONTHS OF AUGUST AND NOVEMBER. DISBURSEMENTS DIVIDED BETWEEN TWO SEMESTERS IN THE ACADEMIC YEAR ARE DISBURSED BETWEEN AUGUST AND NOVEMBER AND THEN JANUARY AND FEBRUARY. X X 0 0 0 0 0 0 0 0 0 DAVID HINSON PRESIDENT AND CEO 275000 0 0 0 0 0 0 0 0 0 275000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY SENIOR ACCOUNTANT AFTER WHICH IT IS SUBMITTED TO THE PRESIOENT/CEO FOR FINAL APPROVAL FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL OR KEY EMPLOYEES INCLUDES A REVIEW OF THE CANDIDATES QUALIFICATIONS, REFERENCES, AND CONDUCTED INTERVIEW BY AN INDEPENDENT PERSON WITH COMPENSATION DECISIONS BASED ON COMPARABILITY DATA, DELIBERATION AND DECISION MADE BY THE PERSONNEL COMMITTEE AND CBCF BOARD. FORM 990, PART VI, SECTION C, LINE 19 EACH YEAR CBCF POST ITS ANNUAL REPORT ON ITS WEBSITE WHICH INCLUDES THE FINANCIAL STATEMENTS, FUNDING, DONORS CONTRIBUTION AND PROGRAM ACCOMPLISHMENTS