FUND FOR A BETTER FUTURE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FUND FOR A BETTER FUTURE INC (EIN 81-2319758)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-16
- IRS object ID
- 202502899349301125
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-16T11:28:36-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521392008 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELMAN ROSENBERG & FREEDMAN | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4550 MONTGOMERY AVE SUITE 800N | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812319758 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUND FOR A BETTER FUTURE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUND | BusinessNameControlTxt |
| Phone | 9164425057 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 CAPITOL MALL 2150 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW ARMSBY | PersonNm |
| Person Title | INTERIM PRESIDENT | PersonTitleTxt |
| Phone | 9164425057 | PhoneNum |
| Signature | 2025-10-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD J LOCASTRO CPA | PreparerPersonNm |
| PTIN | P00288324 | PTIN |
| Phone | 3019519090 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MATTHEW ARMSBY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 CAPITOL MALL 2150 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,686,017 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | FUNDFORABETTERFUTURE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | SEE PART III, LINE 1. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 68 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $41,617,418 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,633,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,712 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,623 | CYProgramServiceRevenueAmt |
| PY Investment Income | $97,079 | PYInvestmentIncomeAmt |
| CY Investment Income | $51,394 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $41,718,209 | PYTotalRevenueAmt |
| CY Total Revenue | $7,686,017 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $36,010,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,736,382 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,071,749 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,023,639 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $130,625 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $636 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $28,135 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,190,051 | PYOtherExpensesAmt |
| CY Other Expenses | $2,410,853 | CYOtherExpensesAmt |
| PY Total Expenses | $41,402,425 | PYTotalExpensesAmt |
| CY Total Expenses | $14,171,510 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $315,784 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,485,493 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,095,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,079,455 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,354,717 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $824,499 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $19,740,449 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,254,956 | NetAssetsOrFundBalancesEOYAmt |
| Mission | FUND FOR A BETTER FUTURE INC.'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROTECTING THE ENVIRONMENT, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,745,095 | ExpenseAmt |
| Grant | $10,736,382 | GrantAmt |
| Revenue | $1,623 | RevenueAmt |
| Desc | DURING 2024, THE FUND FOR A BETTER FUTURE INC. (FBF) PROVIDED GRANTS TO ORGANIZATIONS ADVANCING SOLUTIONS TO CLIMATE CHANGE, ADDRESSING DISPARITIES IN PUBLIC HEALTH, AND PROTECTING THE ENVIRONMENT. AS A FISCAL SPONSOR, FBF ALSO PROVIDED ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO PROJECTS FOCUSED ON ENVIRONMENTAL AND SOCIAL CAUSES. | Desc |
| Total Program Service Expenses | $13,745,095 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 68 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSINA BUGARIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9164425057 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 CAPITOL MALL 2150 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| JASON BURNETT | |||||||
| DIRECTOR & CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRISTOPHER J ELLIMAN | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARTHA KONGSGAARD | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PRESTON PINKETT III | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MELISSA ROY | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| AVI GARBOW SEE SCH O | |||||||
| DIRECTOR & PRESIDENT (END 10/2024) | 3.00 | 1.00 | Yes (X) | $51,095 | $19,632 | $4,192 | |
| ROSINA BUGARIN SEE SCH O | |||||||
| TREASURER & CFO | 5.00 | 3.00 | Yes (X) | $41,730 | $21,926 | $9,984 | |
| HELENA CHOI SEE SCH O | |||||||
| SECRETARY & VICE PRESIDENT | 3.00 | 1.00 | Yes (X) | $20,181 | $6,318 | $4,428 | |
| MATTHEW ARMSBY SEE SCH O | |||||||
| VP & INTERIM PRES. (BEG 10/2024) | 5.00 | 1.00 | Yes (X) | $38,924 | $1,680 | $4,828 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $151,930 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $49,556 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $23,432 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WAXMAN STRATEGIES | |||||
| 1150 CONNECTICUT AVE NW STE 800 | WASHINGTON | DC | 20036 | CONSULTING SERVICES | $345,000 |
| THE RESOLUTIONS FIRM | |||||
| 1723 UNIVERSITY AVE STE B 223 | OXFORD | MS | 38655 | CONSULTING SERVICES | $282,895 |
| COMMUNITY ADVOCACY PARTNERS LLC | |||||
| 500 7TH AVENUE 8TH FLOOR | NEW YORK | NY | 10018 | CONSULTING SERVICES | $262,386 |
| WINNING STRATEGIES LLC | |||||
| PO BOX 20033 | JACKSON | MS | 39289 | CONSULTING SERVICES | $256,924 |
| HART RESEARCH ASSOCIATES | |||||
| 1250 CONNECTICUT AVE NW STE 530 | WASHINGTON | DC | 20036 | CONSULTING SERVICES | $253,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $7,633,000 | AllOtherContributionsAmt |
| Total Contributions | $7,633,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRACTS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,623 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,623 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,623 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,394 | TotalRevenueColumnAmt |
| Exclusion | $51,394 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,686,017 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,623 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $51,394 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,736,382 | TotalAmt |
| Program Services | $10,736,382 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,504 | TotalAmt |
| Program Services | $45,017 | ProgramServicesAmt |
| Management And General | $117,335 | ManagementAndGeneralAmt |
| Fundraising | $7,152 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $684,802 | TotalAmt |
| Program Services | $542,376 | ProgramServicesAmt |
| Management And General | $127,676 | ManagementAndGeneralAmt |
| Fundraising | $14,750 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,578 | TotalAmt |
| Program Services | $28,081 | ProgramServicesAmt |
| Management And General | $4,657 | ManagementAndGeneralAmt |
| Fundraising | $840 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,755 | TotalAmt |
| Program Services | $98,724 | ProgramServicesAmt |
| Management And General | $33,492 | ManagementAndGeneralAmt |
| Fundraising | $3,539 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,903 | TotalAmt |
| Program Services | $52,939 | ProgramServicesAmt |
| Management And General | $15,685 | ManagementAndGeneralAmt |
| Fundraising | $279 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,843 | TotalAmt |
| Management And General | $26,843 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $636 | TotalAmt |
| Fundraising | $636 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45 | TotalAmt |
| Management And General | $45 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,075,982 | TotalAmt |
| Program Services | $2,061,192 | ProgramServicesAmt |
| Management And General | $14,688 | ManagementAndGeneralAmt |
| Fundraising | $102 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,691 | TotalAmt |
| Program Services | $12,743 | ProgramServicesAmt |
| Management And General | $6,844 | ManagementAndGeneralAmt |
| Fundraising | $104 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,740 | TotalAmt |
| Program Services | $20,355 | ProgramServicesAmt |
| Management And General | $28,023 | ManagementAndGeneralAmt |
| Fundraising | $362 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,048 | TotalAmt |
| Program Services | $6,148 | ProgramServicesAmt |
| Management And General | $5,780 | ManagementAndGeneralAmt |
| Fundraising | $120 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,801 | TotalAmt |
| Program Services | $34,222 | ProgramServicesAmt |
| Management And General | $1,547 | ManagementAndGeneralAmt |
| Fundraising | $32 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,964 | TotalAmt |
| Program Services | $89,089 | ProgramServicesAmt |
| Management And General | $1,839 | ManagementAndGeneralAmt |
| Fundraising | $36 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,059 | TotalAmt |
| Program Services | $2,627 | ProgramServicesAmt |
| Management And General | $1,411 | ManagementAndGeneralAmt |
| Fundraising | $21 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,596 | TotalAmt |
| Management And General | $6,596 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FILING FEES | $9,673 | $6,260 | $3,362 | $51 |
| SUBSCRIPTIONS | $4,145 | $2,682 | $1,441 | $22 |
| DUES AND MEMBERSHIPS | $3,983 | $3,900 | $81 | $2 |
| PAYROLL SERVICES | $2,547 | $1,777 | $705 | $65 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $833 | TotalAmt |
| Program Services | $581 | ProgramServicesAmt |
| Management And General | $230 | ManagementAndGeneralAmt |
| Fundraising | $22 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,171,510 | TotalAmt |
| Program Services | $13,745,095 | ProgramServicesAmt |
| Management And General | $398,280 | ManagementAndGeneralAmt |
| Fundraising | $28,135 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,576,403 | BOYAmt |
| EOY | $623,932 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,616,431 | BOYAmt |
| EOY | $9,554,523 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,332 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,901,000 | BOYAmt |
| EOY | $3,901,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,095,166 | BOYAmt |
| EOY | $14,079,455 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $504,330 | BOYAmt |
| EOY | $374,453 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,850,000 | BOYAmt |
| EOY | $450,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387 | BOYAmt |
| EOY | $46 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,354,717 | BOYAmt |
| EOY | $824,499 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,891,525 | BOYAmt |
| EOY | $1,636,056 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,848,924 | BOYAmt |
| EOY | $11,618,900 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,740,449 | BOYAmt |
| EOY | $13,254,956 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,095,166 | BOYAmt |
| EOY | $14,079,455 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$6,485,493 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $1,987,500 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Expended527 Activities | $1,987,500 | Expended527ActivitiesAmt |
| Internal Funds Contributed | $0 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $1,987,500 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | FBF MADE DIRECT AND INDIRECT EXPENDITURES IN SUPPORT OF CANDIDATES WHO COMMITTED TO ADDRESSING THE THREAT OF CLIMATE CHANGE. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $3,901,000 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,901,000 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RELATED PARTY PAYABLE | Desc |
| Amt | $46 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $46 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $7,685,972 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,685,972 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $45 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $45 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,686,017 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,171,465 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,171,465 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $45 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $45 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,171,510 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (30 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| SIXTEEN THIRTY FUND | |||||||||
| 1828 L STREET NW STE 300-B | WASHINGTON | DC | 20036 | 264486735 | 501(C)(4) | $1,500,000 | $0 | CIVIL RIGHTS AND CIVIC ENGAGEMENT | |
| CLIMATE POWER | |||||||||
| 815 BLACK LIVES MATTER PLZ NW SUITE | WASHINGTON | DC | 20006 | 922307261 | 501(C)(4) | $1,105,882 | $0 | FISCAL SPONSORSHIP SPINOFF | 4132 |
| PRIORITIES USA | |||||||||
| 700 13TH ST NW SUITE 600 | WASHINGTON | DC | 20005 | 474596232 | 501(C)(4) | $1,000,000 | $0 | SUPPORT FOR SOCIAL WELFARE ACTIVITIES | |
| ELECTORAL COLLECTIVE ACTION | |||||||||
| 3436 MAGAZINE STREET FRNT PMB 604 | NEW ORLEANS | LA | 70115 | 932449361 | 501(C)(4) | $750,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| INDIVISIBLE PROJECT | |||||||||
| PO BOX 43884 | WASHINGTON | DC | 20010 | 814944067 | 501(C)(4) | $750,000 | $0 | CIVIL RIGHTS AND CIVIC ENGAGEMENT | |
| TIDES ADVOCACY | |||||||||
| 1012 TORNEY AVE | SAN FRANCISCO | CA | 94129 | 943153687 | 501(C)(4) | $750,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| TEXAS CAMPAIGN FOR THE ENVIRONMENT | |||||||||
| PO BOX 42778 | AUSTIN | TX | 78704 | 742891025 | 501(C)(4) | $530,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| DEMOCRACY FORWARD | |||||||||
| PO BOX 34553 | WASHINGTON | DC | 20043 | 820995286 | 501(C)(4) | $500,000 | $0 | SUPPORT FOR SOCIAL WELFARE ACTIVITIES | |
| HIP HOP CAUCUS ACTION FUND | |||||||||
| 529 14TH ST NC SUITE 952 | WASHINGTON | DC | 20045 | 851100834 | 501(C)(4) | $500,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| PENNSYLVANIA UNITED | |||||||||
| 841 CALIFORNIA AVE | PITTSBURGH | PA | 15212 | 823674888 | 501(C)(4) | $500,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| YES ON PROP 4 CALIFORNIANS FOR SAFE DRINKING WATER & WILDFIRE PREVENTION | |||||||||
| 555 CAPITOL MALL SUITE 400 | SACRAMENTO | CA | 95814 | 994186021 | 501(C)(4) | $500,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| CLEAN AIR ACTION FUND | |||||||||
| 135 S 19TH ST 300 | PHILADELPHIA | PA | 19103 | 844967138 | 501(C)(4) | $450,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| ENVIRONMENTAL DEFENSE ACTION FUND | |||||||||
| 285 PARK AVENUE SOUTH 17TH FLOOR | NEW YORK | NY | 10010 | 900080500 | 501(C)(4) | $445,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| LEAGUE OF CONSERVATION VOTERS INC | |||||||||
| 740 15TH ST NW 7TH FLOOR | WASHINGTON | DC | 20005 | 521733698 | 501(C)(4) | $250,000 | $0 | CIVIL RIGHTS AND CIVIC ENGAGEMENT | |
| BLACK MEN VOTE CIVIC ACTION FUND | |||||||||
| 4410 MASSACHUSETTS AVENUE NW 371 | WASHINGTON | DC | 20016 | 861965600 | 501(C)(4) | $200,000 | $0 | CIVIL RIGHTS AND CIVIC ENGAGEMENT | |
| FOOD & WATER ACTION FUND | |||||||||
| 1616 P STREET NW SUITE 400 | WASHINGTON | DC | 20036 | 320160436 | 501(C)(4) | $200,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| ENVIRONMENT AMERICA INC DBA ENVIRONMENT TEXAS | |||||||||
| 200 E 30TH ST | AUSTIN | TX | 78705 | 205355252 | 501(C)(4) | $152,500 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| VOTO LATINO INC | |||||||||
| PO BOX 35608 | WASHINGTON | DC | 20033 | 455477218 | 501(C)(4) | $150,000 | $0 | CIVIL RIGHTS AND CIVIC ENGAGEMENT | |
| AMERICA VOTES | |||||||||
| 1155 CONNECTICUT AVE NW SUITE 600 | WASHINGTON | DC | 20036 | 264568349 | 501(C)(4) | $100,000 | $0 | CIVIL RIGHTS AND CIVIC ENGAGEMENT | |
| WASHINGTON CONSERVATION ACTION | |||||||||
| 1417 FOURTH AVENUE SUITE 800 | SEATTLE | WA | 98101 | 911548791 | 501(C)(4) | $60,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| AMERICANS FOR CONTRACEPTION | |||||||||
| 611 PENNSYLVANIA AVE SE SUITE 143 | WASHINGTON | DC | 200034303 | 883954283 | 501(C)(4) | $50,000 | $0 | SUPPORT FOR SOCIAL WELFARE ACTIVITIES | |
| KARUK TRIBE | |||||||||
| PO BOX 1016 | HAPPY CAMP | CA | 96039 | 942576572 | TRIBAL GOVERNMENT | $50,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| TAXPAYERS FOR COMMON SENSE ACTION (C4) | |||||||||
| 651 PENNSYLVANIA AVE SE | WASHINGTON | DC | 20003 | 522071292 | 501(C)(4) | $50,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| WORLD WILDLIFE FUND INC | |||||||||
| 1250 24TH STREET NW | WASHINGTON | DC | 200371124 | 521693387 | 501(C)(3) | $45,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| RESOURCES LEGACY FUND | |||||||||
| 400 CAPITOL MALL SUITE 2150 | SACRAMENTO | CA | 95814 | 954703838 | 501(C)(3) | $40,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| THE NATURE CONSERVANCY | |||||||||
| 830 S STREET | SACRAMENTO | CA | 95811 | 530242652 | 501(C)(3) | $40,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| MONTANA WILDERNESS ASSOCIATION DBA WILD MONTANA | |||||||||
| 80 S WARREN ST | HELENA | MO | 59601 | 510198932 | 501(C)(3) | $25,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| WESTERN RESOURCE ADVOCATES | |||||||||
| 2260 BASELINE ROAD STE 200 | BOULDER | CO | 80302 | 841113831 | 501(C)(3) | $20,000 | $0 | CLIMATE AND ENVIRONMENTAL ADVOCACY | |
| CALIFORNIA ENVIRONMENTAL VOTERS | |||||||||
| 1111 BROADWAY SUITE 300 | OAKLAND | CA | 94607 | 943169564 | 501(C)(4) | $13,000 | $0 | SUPPORT FOR SOCIAL WELFARE ACTIVITIES | |
| MERIDIAN IMPLEMENTATION FUND | |||||||||
| 105 VILLAGE PLACE PO BOX 1829 | DILLON | CO | 80435 | 261917913 | 501(C)(4) | $10,000 | $0 | SUPPORT FOR SOCIAL WELFARE ACTIVITIES | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 24 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | BEFORE AWARDING A GRANT TO A U.S.-BASED ORGANIZATION, FBF REQUIRES DOCUMENTATION FROM THE APPLICANT THAT ESTABLISHES AND DESCRIBES THAT ORGANIZATION'S LEGAL STATUS, PURPOSE, AND MISSION. IN THE POST-AWARD STAGES, FBF MONITORS PROGRESS OF ITS GRANTS THROUGH VARIOUS REQUIREMENTS WHICH MAY INCLUDE: REQUESTING PERIODIC REPORTS FROM GRANTEES DESCRIBING GRANT ACTIVITIES, PROGRESS, AND OUTCOMES WITH GRANT OBJECTIVES, AS WELL AS A RECONCILIATION OF GRANT EXPENDITURES WITH THE PROPOSAL BUDGET, PERIODIC CHECK-IN CALLS AND MEETINGS WITH GRANTEES, AND/OR PERIODIC FIELD VISITS FOR SIGNIFICANT PROJECTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS AND THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN SENT TO ALL VOTING MEMBERS BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST POLICY COVERS OFFICERS AND DIRECTORS, WHO ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY IN WRITING AND PRIOR TO ANY VOTE BY THE BOARD OF DIRECTORS IN WHICH A CONFLICT EXISTS OR APPEARS TO EXIST. THE BOARD OF DIRECTORS DETERMINES IF AN ACTUAL OR APPARENT CONFLICT EXISTS AND IS RESPONSIBLE FOR ANY REQUIRED REVIEW AND ACTION. IN ALL CASES, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IN CASE OF CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | RESOURCES LEGACY FUND (RLF) IS AN UNRELATED ORGANIZATION THAT WORKS WITH FBF, SHARING RESOURCES THAT ARE PAID TO RLF FROM FBF. THE RLF GOVERNANCE COMMITTEE, ON BEHALF OF THE RLF BOARD, ENGAGED AN OUTSIDE CONSULTANT TO REVIEW THE EXECUTIVE COMPENSATION OF PEERS, TO ASSESS EXECUTIVE COMPENSATION, AND TO PROVIDE AN INDEPENDENT OPINION REGARDING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THIS PROCESS IS DOCUMENTED. THE POSITIONS OF PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT ALONG WITH OTHER KEY EMPLOYEES WHO WORK ON FBF. THIS PROCESS IS UNDERTAKEN EVERY 3 YEARS AND WAS LAST COMPLETED IN 2024. OUTSIDE OF THIS PROCESS, THE PRESIDENT'S COMPENSATION REVIEW IS COMPLETED ANNUALLY BY THE RLF GOVERNANCE COMMITTEE AND IS DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 18 | AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM THE FBF'S WEBSITE. FORM 1024 IS AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 1024 AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII, SECTION A: | FBF AND RESOURCES LEGACY FUND (RLF), AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH FBF REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF FBF. AS A PART OF THE AGREEMENT, FBF REIMBURSED RLF FOR PERSONNEL COSTS FOR AVI GARBOW, MATTHEW ARMSBY, ROSINA BUGARIN, AND HELENA CHOI, AS WELL AS OTHER SHARED STAFF. FBF DOES NOT PAY ANY PAYROLL TAXES DIRECTLY; RESOURCES LEGACY FUND SATISFIES EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF FBF. RLF'S COMPENSATION OF $51,095 TO AVI GARBOW, $38,924 TO MATTHEW ARMSBY, $41,730 TO ROSINA BUGARIN, AND $20,181 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY FBF TO RLF AND HAS BEEN REPORTED ON PART VII OF THE RETURN FOR THOSE INDIVIDUALS. |
| FORM 990, PART IX, LINE 11G | CONTRACTOR EXPENSES (SEE BELOW FOR DETAILS): PROGRAM SERVICE EXPENSES 1,921,021. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,921,021. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 139,424. MANAGEMENT AND GENERAL EXPENSES 14,467. FUNDRAISING EXPENSES 98. TOTAL EXPENSES 153,989. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 747. MANAGEMENT AND GENERAL EXPENSES 221. FUNDRAISING EXPENSES 4. TOTAL EXPENSES 972. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARED ASCENT FUND | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 CAPITOL MALL SUITE 2150 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 834584093 | EIN |
| Primary Activities | PROMOTE THE COMMON GOOD - DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments