TRUTH INITIATIVE FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- TRUTH INITIATIVE FOUNDATION (EIN 91-1956621)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-08
- IRS object ID
- 201803129349302420
- Schema version
- 2017v2.3
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-08T13:33:27-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9737 WASHINGTONIAN BLVD 400 | AddressLine1Txt |
| City | GAITHERSBURG | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20878 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911956621 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUTH INITIATIVE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TRUT | BusinessNameControlTxt |
| Phone | 2024545555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 G STREET NW NO 4TH | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANTHONY O'TOOLE | PersonNm |
| Person Title | EVP/CFIO | PersonTitleTxt |
| Phone | 2024545555 | PhoneNum |
| Signature | 2018-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM E TURCO CPA | PreparerPersonNm |
| PTIN | P00369217 | PTIN |
| Phone | 3012963600 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.98.98.16 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-08 | IPDt |
| IP Tm | 13:09:09 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 00BFBB601F26E6691F3C42FDB75EEBE807206D5E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUTH INITIATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBIN KOVAL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 G STREET NW NO 4TH | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $237,586,985 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | TRUTHINITIATIVE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TRUTH INITIATIVE'S MISSION IS TO ACHIEVE A CULTURE WHERE ALL YOUTH AND YOUNG ADULTS REJECT TOBACCO. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 196 | TotalEmployeeCnt |
| Total Volunteers | 242 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,203,950 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,624,532 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,995 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $35,732 | CYProgramServiceRevenueAmt |
| PY Investment Income | $62,053,927 | PYInvestmentIncomeAmt |
| CY Investment Income | $64,986,400 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,273,661 | PYOtherRevenueAmt |
| CY Other Revenue | $2,522,842 | CYOtherRevenueAmt |
| PY Total Revenue | $67,533,533 | PYTotalRevenueAmt |
| CY Total Revenue | $70,169,506 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,853,575 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,130,134 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,889,643 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,188,646 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,835 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $90,079,191 | PYOtherExpensesAmt |
| CY Other Expenses | $91,695,033 | CYOtherExpensesAmt |
| PY Total Expenses | $113,822,409 | PYTotalExpensesAmt |
| CY Total Expenses | $117,013,813 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$46,288,876 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$46,844,307 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,019,042,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $992,475,517 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $82,437,386 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $88,537,328 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $936,604,780 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $903,938,189 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TRUTH INITIATIVE'S MISSION IS TO ACHIEVE A CULTURE WHERE ALL YOUTH AND YOUNG ADULTS REJECT TOBACCO. THE PURPOSES FOR WHICH THE FOUNDATION IS FORMED ARE TO SUPPORT (1) THE STUDY OF AND PROGRAMS TO REDUCE YOUTH TOBACCO PRODUCT USAGE AND YOUTH SUBSTANCE (CONTINUED ON SCHEDULE O)ABUSE IN THE STATES AND (2) THE STUDY OF AND EDUCATIONAL PROGRAMS TO PREVENT DISEASES ASSOCIATED WITH THE USE OF TOBACCO PRODUCTS IN THE STATES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $77,489,061 | ExpenseAmt |
| Grant | $348,533 | GrantAmt |
| Desc | YOUTH AND YOUNG ADULT PUBLIC EDUCATION:TRUTH INITIATIVE'S PUBLIC HEALTH EDUCATION CAMPAIGN TRUTH HAS BEEN A LEADING DRIVER IN REDUCING YOUTH AND YOUNG ADULT TOBACCO USE FOR NEARLY TWO DECADES. THE CURRENT ITERATION OF THE CAMPAIGN, WHICH WAS RELAUNCHED IN 2014, HAS BEEN SHOWN TO BE A SUBSTANTIAL FACTOR IN RECENT DECLINES IN YOUTH TOBACCO USE. WE HAVE SHOWN THROUGH MONITORING A LONGITUDINAL COHORT OF OVER 10,000 YOUTH AND YOUNG ADULTS THAT, IN THE LAST FOUR YEARS, TRUTH HAS BEEN INSTRUMENTAL IN OVER 1 MILLION YOUTH AND YOUNG ADULTS MAKING THE DECISION TO NOT TAKE UP CIGARETTE SMOKING. WE CONTINUE AS A STRONG PRESENCE WITH OUR AUDIENCE WITH OVER 75% RECOGNITION OF OUR MESSAGING IN FY2018. IN THE LAST YEAR, IN PARTNERSHIP WITH THE AD COUNCIL AND THE ONDCP AND CONSISTENT WITH THE TERMS OF THE MASTER SETTLEMENT AGREEMENT, WE HAVE EXPANDED TRUTH'S MESSAGING TO TAKE ON THE NATIONAL OPIOID ABUSE EPIDEMIC. OUR MESSAGING FOCUSES ON YOUTH AND YOUNG ADULT PREVENTION AND EDUCATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,716,010 | ExpenseAmt |
| Grant | $2,977,807 | GrantAmt |
| Desc | RESEARCH POLICY AND PRACTICE:TRUTH INITIATIVE IS A LEADER IN TOBACCO CONTROL RESEARCH AND POLICY WITH A STRONG TEAM OF RESEARCH SCIENTISTS IN OUR SCHROEDER INSTITUTE FOR TOBACCO RESEARCH AND POLICY STUDIES AND A DEDICATED TEAM OF POLICY PROFESSIONALS WHO PARTICIPATE IN THE ONGOING DISCUSSION AROUND THE BEST APPROACHES FOR REDUCING TOBACCO RELATED DEATH AND DISEASE. SCHROEDER INSTITUTE SCIENTISTS PRODUCE PEER-REVIEWED PAPERS ON ISSUES RELATED TO TOBACCO CONTROL, SPEAK AT NATIONAL AND LOCAL CONFERENCES, AND ALONG WITH OUR POLICY TEAM CREATE A SUITE OF RESOURCES AND GUIDANCE ON ISSUES FROM E-CIGARETTES TO TOBACCO INDUSTRY MARKETING TACTICS FOR USE BY TOBACCO CONTROL PROFESSIONALS AT BOTH THE LOCAL AND NATIONAL LEVEL. OUR POLICY TEAM REGULARLY WEIGHS IN ON FEDERAL REGULATORY APPROACHES TO TOBACCO CONTROL VIA FORMAL COMMENTS AND LETTERS TO FDA AND OTHER FEDERAL AGENCIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,515,518 | ExpenseAmt |
| Grant | $747,544 | GrantAmt |
| Desc | ENGAGEMENT, ACTIVISM AND PARTNERSHIPS:TRUTH INITIATIVE ACTIVELY RECRUITS AND SUPPORTS YOUTH WHO ARE LOOKING TO HAVE INFLUENCE ON TOBACCO CONTROL ISSUES THROUGH A VARIETY OF DIFFERENT PROGRAMS. THIS INCLUDES TRAINING OF YOUTH LEADERS ON THE HIGH SCHOOL LEVEL, A YOUTH FELLOWSHIP PROGRAM FOR COLLEGE-AGED INDIVIDUALS INTERESTED IN TOBACCO CONTROL AND OUR ON-GOING GRANT PROGRAM TO HELP COLLEGES AND UNIVERSITIES INSTITUTE TOBACCO-FREE CAMPUS POLICIES. WE ALSO WORK WITH OTHER NON-PROFIT ORGANIZATIONS, PARTICULARLY THOSE SERVING POPULATIONS DISPROPORTIONATELY IMPACTED BY TOBACCO, TO ENGAGE THEIR MEMBERSHIP ON ISSUES RELATED TO TOBACCO CONTROL. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,485,828 | ExpenseAmt |
| Grant | $56,250 | GrantAmt |
| Revenue | $35,732 | RevenueAmt |
| Desc | TOBACCO CESSATION INNOVATIONS:TRUTH INITIATIVE'S INNOVATIONS CENTER IS A GROUP OF LEADING SCIENTISTS AND DIGITAL DESIGNERS WORKING TO BUILD SCALABLE AND SUSTAINABLE DIGITAL SOLUTIONS FOR SMOKERS LOOKING TO QUIT. THROUGH OUR PUBLIC PROGRAM BECOMEANEX AND OUR ENTERPRISE PRODUCT THEEXPROGRAM, HUNDREDS OF THOUSANDS OF SMOKERS HAVE JOINED A NETWORK OF STEP-BY-STEP GUIDANCE, COACHING RESOURCES AND COMMUNITY SUPPORT THAT HAS BEEN SHOWN THROUGH RIGOROUS EVALUATION TO BE HIGHLY EFFECTIVE IN HELPING SMOKERS TO QUIT. THE INNOVATIONS GROUP ALSO IS A LEADING CENTER OF RESEARCHING INNOVATIVE APPROACHES TO QUITTING SMOKING AND HAS MADE SUBSTANTIAL CONTRIBUTIONS TO THE ACADEMIC LITERATURE AND REAL-WORLD DEPLOYMENT OF DIGITAL CESSATION TOOLS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $3,485,828 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $56,250 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $35,732 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $96,206,417 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | Yes (1) | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 146 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 196 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | 0 | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | EG | ForeignCountryCd |
| Foreign Country | IS | ForeignCountryCd |
| Foreign Country | KS | ForeignCountryCd |
| Foreign Country | TW | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | 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 | Yes (1) | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| 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 | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | 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 | OK | 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 | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANTHONY T O'TOOLE EVPCFIO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024545555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 G STREET NW NO 4TH | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| HON MIKE MOORE | ||||||||
| CHAIR SINCE 05/2017 | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HON TOM MILLER | ||||||||
| CHAIR UNTIL 07/2017 | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NANCY BROWN | ||||||||
| VICE CHAIR SINCE 12/2017 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| M CASS WHEELER | ||||||||
| VICE CHAIR UNTIL 09/17 | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HON DOUG PETERSON | ||||||||
| TREASURER SINCE 05/2017 | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARY T BASSETT MD MPH | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| GEORGES C BENJAMIN MD | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| HON HERB CONAWAY MD | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| HON KEMP HANNON | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| HON GARY R HERBERT | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| HON GEORGE JEPSEN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY LUBLIN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| HON GINA RAIMONDO | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBIN KOVAL | ||||||||
| PRESIDENT & CEO | 37.50 | Yes (X) | $929,173 | $0 | $149,270 | |||
| ANTHONY T O'TOOLE | ||||||||
| EVP/CFIO | 37.50 | Yes (X) | $718,415 | $0 | $173,616 | |||
| ROBERT FALK | ||||||||
| GEN. COUNSEL/CORP. SECRETARY | 37.50 | Yes (X) | $30,402 | $0 | $1,220 | |||
| ELLEN VARGYAS | ||||||||
| GEN. COUNSEL/CORP SEC THRU 12/2017 | 37.50 | Yes (X) | $508,596 | $0 | $49,719 | |||
| M DAVID DOBBINS | ||||||||
| COO | 37.50 | $499,243 | $0 | $123,140 | Yes (X) | |||
| DAVID ABRAMS | ||||||||
| EXEC DIRECTOR THRU 08/2017 | 37.50 | $595,012 | $0 | $53,013 | Yes (X) | |||
| ERIC ASCHE | ||||||||
| CHIEF MKTG & STRATEGY OFFICER | 37.50 | $461,981 | $0 | $102,540 | Yes (X) | |||
| DONNA VALLONE | ||||||||
| CHIEF RESEARCH OFFICER | 37.50 | $383,615 | $0 | $91,870 | Yes (X) | |||
| AMANDA GRAHAM | ||||||||
| SVP, INNOVATIONS | 37.50 | $287,141 | $0 | $59,669 | Yes (X) | |||
| WILLIAN FURMANSKI | ||||||||
| SVP, COMMUNICATIONS THRU 09/2017 | 37.50 | $275,351 | $0 | $42,366 | Yes (X) | |||
| PATRICIA KENNEY | ||||||||
| CHIEF COMMUNICATIONS OFFICER | 37.50 | $272,793 | $0 | $70,821 | Yes (X) | |||
| ANNA SPRIGGS | ||||||||
| CHIEF OF HUMAN RESOURCES & ADMIN | 37.50 | $266,098 | $0 | $80,102 | Yes (X) | |||
| RAYMOND NIAURA | ||||||||
| DIRECTOR OF SCIENCE THRU 08/2017 | 37.50 | $250,885 | $0 | $43,991 | Yes (X) | |||
| AMY TAYLOR | ||||||||
| SVP, COMMUNITY & YOUTH ENGAGEMENT | 37.50 | $248,257 | $0 | $74,741 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,726,962 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,116,078 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 50 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | 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 |
|---|---|---|---|---|---|
| TARGETCAST LLC (DBA ASSEMBLY) | |||||
| 711 THIRD AVE 2ND FLOOR | NEW YORK | NY | 10017 | MARKETING | $51,728,333 |
| MDC CORPORATE (US) INC (DBA 72ANDSUNNY | |||||
| 745 FIFTH AVENUE 19TH FLOOR | NEW YORK | NY | 10151 | MARKETING | $7,246,938 |
| BEACONFIRE CONSULTING INC | |||||
| 2300 CLARENDON BLVD SUITE 925 | ARLINGTON | VA | 22201 | MARKETING | $1,298,792 |
| DOSOMETHING INC | |||||
| 19 WEST 21ST STREET 8TH FLOOR | NEW YORK | NY | 10010 | MARKETING | $1,200,000 |
| GFK US HOLDINGS INC | |||||
| 120 EAGLE ROCK AVENUE STE 200 | EAST HANOVER | NJ | 079363590 | MARKETING | $998,103 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,885,785 | GovernmentGrantsAmt |
| All Other Contributions | $738,747 | AllOtherContributionsAmt |
| Total Contributions | $2,624,532 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SALE OF EX PLATFORM | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $35,732 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $35,732 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $35,732 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,879,879 | TotalRevenueColumnAmt |
| Exclusion | $17,879,879 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $56,526 | TotalRevenueColumnAmt |
| Exclusion | $56,526 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,417,154 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,417,154 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,417,154 | TotalRevenueColumnAmt |
| Exclusion | $2,417,154 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $214,524,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $167,419,354 | SecuritiesAmt |
| Other | -$1,875 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,104,646 | SecuritiesAmt |
| Other | $1,875 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,106,521 | TotalRevenueColumnAmt |
| Exclusion | $47,106,521 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $49,162 | TotalRevenueColumnAmt |
| Exclusion | $49,162 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $49,162 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,169,506 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $35,732 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $67,509,242 | 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 | $4,128,634 | TotalAmt |
| Program Services | $4,128,634 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500 | TotalAmt |
| Program Services | $1,500 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,906,888 | TotalAmt |
| Program Services | $1,955,829 | ProgramServicesAmt |
| Management And General | $1,951,059 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,184,921 | TotalAmt |
| Program Services | $8,957,757 | ProgramServicesAmt |
| Management And General | $3,227,164 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,696,509 | TotalAmt |
| Program Services | $1,209,724 | ProgramServicesAmt |
| Management And General | $486,785 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,409,089 | TotalAmt |
| Program Services | $1,610,236 | ProgramServicesAmt |
| Management And General | $798,853 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $991,239 | TotalAmt |
| Program Services | $651,782 | ProgramServicesAmt |
| Management And General | $339,457 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,104 | TotalAmt |
| Program Services | $5,315 | ProgramServicesAmt |
| Management And General | $103,789 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,751 | TotalAmt |
| Management And General | $323,751 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,138,270 | TotalAmt |
| Management And General | $5,138,270 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,021,764 | TotalAmt |
| Program Services | $72,711,377 | ProgramServicesAmt |
| Management And General | $310,387 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $917,687 | TotalAmt |
| Program Services | $277,824 | ProgramServicesAmt |
| Management And General | $639,863 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $884,203 | TotalAmt |
| Program Services | $713,002 | ProgramServicesAmt |
| Management And General | $171,201 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,856,756 | TotalAmt |
| Management And General | $2,856,756 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,457,588 | TotalAmt |
| Program Services | $1,292,579 | ProgramServicesAmt |
| Management And General | $165,009 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,413,779 | TotalAmt |
| Program Services | $1,371,177 | ProgramServicesAmt |
| Management And General | $42,602 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,717,556 | TotalAmt |
| Management And General | $1,717,556 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,214,394 | TotalAmt |
| Program Services | $713,459 | ProgramServicesAmt |
| Management And General | $1,500,935 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,291 | TotalAmt |
| Program Services | $71,946 | ProgramServicesAmt |
| Management And General | $312,345 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EMPLOYEE MORALE | $349,253 | $48,392 | $300,861 |
| DIGITAL PROMOTIONS | $295,571 | $295,571 | |
| BLDG ADMIN EXPENSES | $257,247 | $257,247 | |
| INCOME TAX EXPENSE | $26,271 | $26,271 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $327,548 | TotalAmt |
| Program Services | $190,313 | ProgramServicesAmt |
| Management And General | $133,400 | ManagementAndGeneralAmt |
| Fundraising | $3,835 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,013,813 | TotalAmt |
| Program Services | $96,206,417 | ProgramServicesAmt |
| Management And General | $20,803,561 | ManagementAndGeneralAmt |
| Fundraising | $3,835 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,378,688 | BOYAmt |
| EOY | $117,003,711 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $766,550 | BOYAmt |
| EOY | $341,642 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,766 | BOYAmt |
| EOY | $127,506 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $939,618 | BOYAmt |
| EOY | $1,612,436 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $42,722,049 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,554,711 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,330,429 | BOYAmt |
| EOY | $30,167,338 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,663,411 | BOYAmt |
| EOY | $290,664,581 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $577,576,790 | BOYAmt |
| EOY | $552,233,431 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,143,414 | BOYAmt |
| EOY | $324,372 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,019,042,166 | BOYAmt |
| EOY | $992,475,517 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,099,262 | BOYAmt |
| EOY | $16,486,816 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,799 | BOYAmt |
| EOY | $240,643 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,309,325 | BOYAmt |
| EOY | $71,809,869 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,437,386 | BOYAmt |
| EOY | $88,537,328 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $936,604,780 | BOYAmt |
| EOY | $903,938,189 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $936,604,780 | BOYAmt |
| EOY | $903,938,189 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,019,042,166 | BOYAmt |
| EOY | $992,475,517 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$46,844,307 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $12,949,697 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,228,019 | 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 | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,956,547 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,826,741 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,638,469 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,203,950 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,624,532 | CurrentTaxYearAmt |
| Total | $13,250,239 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,956,547 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,826,741 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,638,469 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,203,950 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,624,532 | CurrentTaxYearAmt |
| Total | $13,250,239 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $13,250,239 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,191,820 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,069,316 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,709,010 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,593,421 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,353,559 | CurrentTaxYearAmt |
| Total | $103,917,126 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,674 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,512 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,037 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $49,162 | CurrentTaxYearAmt |
| Total | $66,575 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $117,233,940 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $37,726 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.11300 | PublicSupportCY170Pct |
| Public Support PY170 | 0.12840 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER REVENUE - 2013 AMOUNT: $ 4,674. 2014 AMOUNT: $ 11,512. 2015 AMOUNT: $ 1,037. 2016 AMOUNT: $ 190. 2017 AMOUNT: $ 49,162. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,280,000 | OtherCostOrOtherBasisAmt |
| Book Value | $7,280,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,558,184 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,221,642 | DepreciationAmt |
| Book Value | $16,336,542 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,359,853 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,078,700 | DepreciationAmt |
| Book Value | $3,281,153 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,169,959 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,717,244 | DepreciationAmt |
| Book Value | $452,715 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,354,053 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,537,125 | DepreciationAmt |
| Book Value | $2,816,928 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,167,338 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMINGLED/COMMON TRUST FUNDS | $197,443,482 | F |
| HEDGE FUNDS | $91,753,133 | F |
| PRIVATE EQUITY FUNDS | $141,772,001 | F |
| PRIVATE EQUITY FUND OF FUNDS | $121,264,815 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $552,233,431 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS PAYABLE | $1,025,993 |
| INTEREST RATE SWAP | $3,439,270 |
| DEFERRED COMPENSATION | $1,190,982 |
| DEFERRED RENT | $4,951,658 |
| LINE OF CREDIT | $60,000,000 |
| REFUNDABLE ADVANCES | $1,201,966 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $71,809,869 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $77,980,933 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $12,949,697 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $12,949,697 | RevenueNotReportedAmt |
| Revenue Subtotal | $65,031,236 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $5,138,270 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $5,138,270 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $70,169,506 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $110,647,524 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$1,228,019 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$1,228,019 | ExpensesNotReportedAmt |
| Expenses Subtotal | $111,875,543 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $5,138,270 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $5,138,270 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $117,013,813 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | TRUTH INITIATIVE IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). IN ADDITION, TRUTH INITIATIVE HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE COMPANY IS A SINGLE-MEMBER, LIMITED LIABILITY COMPANY (LLC) AND, AS SUCH, IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES, PURSUANT TO SECTION 7701 OF THE IRC. TRUTH INITIATIVE HAD UNRELATED BUSINESS INCOME RELATED TO DEBT FINANCED RENTAL INCOME DURING THE YEARS ENDED JUNE 30, 2018 AND 2017. TRUTH INITIATIVE FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, TRUTH INITIATIVE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST, PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED TRUTH INITIATIVE'S TAX POSITIONS AND CONCLUDED THAT TRUTH INITIATIVE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | NET GAIN ON INTEREST RATE SWAP AGREEMENT -1,228,019. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $102,944 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | INVESTMENTS | $5,333,501 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $13,409,288 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | INVESTMENTS | $129,846 |
| NORTH AMERICA | 0 | 0 | INVESTMENTS | $1,412,937 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $20,388,516 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $20,388,516 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (32 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN NON-SMOKERS RIGHTS FOUNDATION | ||||||||
| 2530 SAN PABLO AVENUE STE J | BERKELEY | CA | 94702 | 942922136 | 501(C)(3) | $157,385 | STRATEGIC ALLIANCE GRANTS | |
| CAMPAIGN FOR TOBACCO FREE KIDS | ||||||||
| 1400 I STREET NW SUITE 1200 | WASHINGTON | DC | 20005 | 521969967 | 501(C)(3) | $1,000,000 | STRATEGIC ALLIANCE GRANTS | |
| BREATHE CALIFORNIA OF SACRAMENTO-EMIGRANT TRAILS | ||||||||
| 909 12TH STREET | SACRAMENTO | CA | 95814 | 941641240 | 501(C)(3) | $104,672 | STRATEGIC ALLIANCE GRANTS | |
| THE NATIONAL CENTER ON ADDICTION AND SUBSTANCE ABUSE AT COLUMBIA UNIVERSITY | ||||||||
| 633 THIRD AVENUE | NEW YORK | NY | 10017 | 521736502 | 501(C)(3) | $71,224 | STRATEGIC ALLIANCE GRANTS | |
| NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE | ||||||||
| 4805 MT HOPE DRIVE | BALTIMORE | MD | 21215 | 131084135 | 501(C)(3) | $79,424 | STRATEGIC ALLIANCE GRANTS | |
| GIRL SCOUTS COUNCIL OF THE NATION'S CAPITAL | ||||||||
| 4301 CONNECTICUT AVE NW SUITE M-2 | WASHINGTON | DC | 20008 | 540732966 | 501(C)(3) | $52,993 | STRATEGIC ALLIANCE GRANTS | |
| HUMAN RIGHTS CAMPAIGN FOUNDATION | ||||||||
| 1640 RHODE ISLAND AVE NW | WASHINGTON | DC | 20036 | 521481896 | 501(C)(3) | $39,666 | STRATEGIC ALLIANCE GRANTS, TIME TO THRIVE 02/16-18/18 | |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO | ||||||||
| 919 IRVING ST SUITE 104 UCSF BOX | SAN FRANCISCO | CA | 941430939 | 946036493 | 501(C)(3) | $93,267 | STRATEGIC ALLIANCE GRANTS | 0939 |
| ALAMANCE COMMUNITY COLLEGE | ||||||||
| 1247 JIMMIE KERR ROAD | GRAHAM | NC | 27253 | 566052379 | 501(C)(3) | $7,549 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| ALLEN UNIVERSITY | ||||||||
| 1530 HARDEN STREET | COLUMBIA | SC | 29203 | 570341191 | 501(C)(3) | $7,169 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| SAN BERNARDINO COMMUNITY COLLEGE DISTRICT | ||||||||
| 114 SOUTH DEL ROSA DRIVE | SAN BERNARDINO | CA | 92408 | 956002754 | 501(C)(3) | $7,068 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| HAMPTON UNIVERSITY | ||||||||
| 100 EAST QUEEN STREET | HAMPTON | VA | 23668 | 540505990 | 501(C)(3) | $8,197 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| NORTH IDAHO COLLEGE | ||||||||
| 1000 W GARDEN AVENUE | COEUR DALENE | ID | 83814 | 826000936 | 501(C)(3) | $5,620 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| NORTH LAKE COLLEGE | ||||||||
| 4343 IH 30 | MESQUITE | TX | 75150 | 751213149 | 501(C)(3) | $5,995 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| ONONDAGA COMMUNITY COLLEGE | ||||||||
| 4585 WEST SENECA TURNPIKE | SYRACUSE | NY | 13215 | 160973001 | 501(C)(3) | $6,200 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| ROXBURY COMM COLLEGE | ||||||||
| 1234 COLUMBUS AVENUE | ROXBURY CROSSING | MA | 02120 | 042726857 | 501(C)(3) | $6,325 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| WEST VIRGINIA STATE UNIVERSITY | ||||||||
| PO BOX 1000 201 ACEOP ADMIN BLDG | INSTITUTE | WV | 25112 | 550708567 | 501(C)(3) | $6,846 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| WESTERN NEBRASKA COMM COLLEGE | ||||||||
| 1601 EAST 27TH STREET | SCOTTSBLUFF | NE | 69361 | 476005299 | 501(C)(3) | $5,759 | COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS | |
| UCSF FOUNDATION | ||||||||
| 220 MONTGOMERY STREET | SAN FRANCISCO | CA | 94104 | 942829914 | 501(C)(3) | $2,000,000 | ENDOWMENT | |
| SOCIETY FOR HUMAN RESOURCE MANAGEMENT | ||||||||
| 1800 DUKE STREET | ALEXANDIA | VA | 22314 | 340948453 | 501(C)(6) | $19,500 | DELUXE WEBCAST FEB 18 | |
| YWCA USA | ||||||||
| 1020 9TH STREET NW SUITE 750 | WASHINGTON | DC | 20036 | 131624103 | 501(C)(3) | $15,000 | SPONSOR - WOMEN OF COLOR LEADERSHIP COHORT 6/7 | |
| SOCIETY FOR RESEARCH ON NICOTINE AND TOBACCO INC | ||||||||
| 2424 AMERICAN LANE | MADISON | WI | 53704 | 521906424 | 501(C)(3) | $12,500 | SPONSOR - HEALTH DISPARITIES SCHOLARSHIP | |
| WORLDATWORK | ||||||||
| 14040 N NORTHSIGHT BLVD | SCOTTSDALE | AZ | 85260 | 316054097 | 501(C)(3) | $11,500 | SPONSOR - BREAKFAST AND WEB | |
| NATIONAL BUSINESS GROUP ON HEALTH INC | ||||||||
| 80 PINE STREET 29TH FLOOR | NEW YORK | NY | 10005 | 133156952 | 501(C)(3) | $10,000 | SPONSOR - 7TH ANNUAL CONF. 6/14 | |
| NATIONAL PAN HELLENIC COUNCIL INC | ||||||||
| 3951 SNAPFINGER PARKWAY SUITE 218 | DECATUR | GA | 30035 | 521730952 | $10,000 | SPONSOR - LEADERSHIP CONFERENCE 10/19-21, 17 | ||
| STEVIE AWARDS INC | ||||||||
| 10560 MAIN STREET SUITE 519 | FAIRFAX | VA | 22030 | 470859771 | $9,700 | STEVIE AWARD TABLE 6/11 | ||
| LOCKTON BENEFITS CONFERENCE | ||||||||
| 444 W 47TH STREET SUITE 900 | KANSAS CITY | MO | 64112 | 760700999 | $6,750 | SPONSOR - LOCKTON BENEFITS CONF. 2018 | ||
| BROWN UNIVERSITY | ||||||||
| 1 PROSPECT STREET | PROVIDENCE | RI | 02912 | 050258809 | 501(C)(3) | $75,984 | FEDERAL SUBAWARDS | |
| THE GEORGE WASHINGTON UNIVERSITY | ||||||||
| 2121 I STREET NW SUITE 601 | WASHINGTON | DC | 20052 | 530196584 | 501(C)(3) | $58,607 | FEDERAL SUBAWARDS | |
| UNIVERSITY OF SOUTH CAROLINA | ||||||||
| 1600 HAMPTON STREET SUITE 414 | COLUMBIA | SC | 29208 | 576001153 | 501(C)(3) | $7,340 | FEDERAL SUBAWARDS | |
| UNIVERSITY OF IOWA | ||||||||
| 2 GILMORE HALL | IOWA CITY | IA | 52242 | 426004813 | 501(C)(3) | $40,907 | FEDERAL SUBAWARDS | |
| BATTELLE MEMORIAL INSTITUTE | ||||||||
| 505 KING AVENUE | COLUMBUS | OH | 43201 | 314379427 | 501(C)(3) | $21,795 | FEDERAL SUBAWARDS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 28 | Total501c3OrgCnt |
| Total Other Org | 4 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | EACH GRANT CONTRACT IS EXECUTED BY THE GRANTS DEPARTMENT AND MONITORED BY A TRUTH INITIATIVE ASSIGNED PROGRAM OFFICER (PO) UNTIL CLOSED. MONITORING CONSISTS OF PERIODIC COMMUNICATION BETWEEN THE PO AND THE GRANTEE, AS WELL AS TECHNICAL ASSISTANCE AND SITE VISITS AS NEEDED. PO'S ARE ALSO RESPONSIBLE FOR ENSURING THAT THE REPORTING OF GRANT EXPENDITURES AND DELIVERABLES MEET COMPLIANCE STANDARDS SET BY TRUTH INITIATIVE. EACH GRANT CONTRACT HAS A SCHEDULE OF REPORTING REQUIREMENTS. GRANTEES ARE REQUIRED TO SUBMIT EXPENSE REPORTS WHICH ARE REVIEWED BY THE PO FOR CONSISTENCY WITH THE APPROVED BUDGET AND/OR CERTIFY GRANT EXPENDITURES IN ACCORDANCE WITH THE APPROVED BUDGET. THE NARRATIVE REPORTING REQUIREMENTS ON THE DELIVERABLE ACTIVITIES VARIES ACCORDING TO THE GRANTEE AND FUNDING INITIATIVE. MINIMALLY, ALL GRANTEES ARE REQUIRED TO SUBMIT A FINAL REPORT ON PROGRAM ACTIVITIES. FEDERAL SUBAWARD GRANTS ARE EXECUTED AND MONITORED BY TRUTH INITIATIVE'S SPONSORED GRANTS DEPARTMENT IN ACCORDANCE WITH THE REQUIREMENTS CONTAINED WITHIN THE UNIFORM GUIDANCE TITLE 2 PART 200 OF THE CODE OF FEDERAL REGULATIONS (2 CFR 200). TRUTH INITIATIVE STAFF PERFORM A RISK ASSESSMENT OF EACH SUBRECIPIENT EVALUATING INTERNAL CONTROLS, ORGANIZATION HISTORY AND STRUCTURE, LATEST FINANCIAL STATEMENTS AND GOVERNMENT AUDITS PRIOR TO ANY GRANT AWARD. INVOICES SUBMITTED FOR PAYMENT ARE EVALUATED FOR COST ALLOWABILITY AND PROGRAMMATIC PROGRESS BY BOTH SPONSORED GRANTS STAFF AND THE PRINCIPAL INVESTIGATOR. SUBRECIPIENTS ALSO SUBMIT PROGRAM PROGRESS REPORTS, THE DETAILS OF WHICH ARE INCLUDED IN TRUTH INITIATIVE'S REPORTING TO PRIME NIH SPONSORS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | Yes (1) | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBIN KOVAL | ||||||||||||||
| PRESIDENT & CEO | $580,346 | $0 | $52,070 | $0 | $296,757 | $0 | $130,500 | $0 | $24,031 | $0 | $1,083,704 | $0 | $213,333 | $0 |
| ANTHONY T O'TOOLE | ||||||||||||||
| EVP/CFIO | $408,606 | $0 | $60,922 | $0 | $248,887 | $0 | $120,500 | $0 | $61,438 | $0 | $900,353 | $0 | $210,000 | $0 |
| ELLEN VARGYAS | ||||||||||||||
| GEN. COUNSEL/CORP SEC THRU 12/2017 | $310,785 | $0 | $43,890 | $0 | $153,921 | $0 | $40,500 | $0 | $24,378 | $0 | $573,474 | $0 | $115,000 | $0 |
| M DAVID DOBBINS | ||||||||||||||
| COO | $324,729 | $0 | $48,180 | $0 | $126,334 | $0 | $95,500 | $0 | $38,371 | $0 | $633,114 | $0 | $115,000 | $0 |
| DAVID ABRAMS | ||||||||||||||
| EXEC DIRECTOR THRU 08/2017 | $238,610 | $0 | $0 | $0 | $356,402 | $0 | $40,500 | $0 | $15,518 | $0 | $651,030 | $0 | $201,500 | $0 |
| ERIC ASCHE | ||||||||||||||
| CHIEF MKTG & STRATEGY OFFICER | $309,212 | $0 | $60,511 | $0 | $92,258 | $0 | $77,500 | $0 | $32,592 | $0 | $572,073 | $0 | $85,000 | $0 |
| DONNA VALLONE | ||||||||||||||
| CHIEF RESEARCH OFFICER | $291,228 | $0 | $14,167 | $0 | $78,220 | $0 | $70,500 | $0 | $34,835 | $0 | $488,950 | $0 | $50,000 | $0 |
| AMANDA GRAHAM | ||||||||||||||
| SVP, INNOVATIONS | $253,409 | $0 | $31,875 | $0 | $1,857 | $0 | $50,750 | $0 | $15,741 | $0 | $353,632 | $0 | $0 | $0 |
| WILLIAN FURMANSKI | ||||||||||||||
| SVP, COMMUNICATIONS THRU 09/2017 | $189,011 | $0 | $0 | $0 | $86,340 | $0 | $34,147 | $0 | $9,628 | $0 | $319,126 | $0 | $0 | $0 |
| PATRICIA KENNEY | ||||||||||||||
| CHIEF COMMUNICATIONS OFFICER | $243,367 | $0 | $26,081 | $0 | $3,345 | $0 | $45,782 | $0 | $31,002 | $0 | $349,577 | $0 | $0 | $0 |
| ANNA SPRIGGS | ||||||||||||||
| CHIEF OF HUMAN RESOURCES & ADMIN | $235,754 | $0 | $28,963 | $0 | $1,381 | $0 | $52,762 | $0 | $35,500 | $0 | $354,360 | $0 | $0 | $0 |
| RAYMOND NIAURA | ||||||||||||||
| DIRECTOR OF SCIENCE THRU 08/2017 | $212,020 | $0 | $0 | $0 | $38,865 | $0 | $37,133 | $0 | $9,612 | $0 | $297,630 | $0 | $0 | $0 |
| AMY TAYLOR | ||||||||||||||
| SVP, COMMUNITY & YOUTH ENGAGEMENT | $219,110 | $0 | $27,500 | $0 | $1,647 | $0 | $49,701 | $0 | $32,406 | $0 | $330,364 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE ORGANIZATION PAID EXECUTIVE DISABILITY INSURANCE, INCLUDING GROSS UP, TO ROBIN KOVAL IN THE AMOUNT OF $10,750 AND THESE WERE TREATED AS TAXABLE INCOME. THE ORGANIZATION PAID LEGAL FEES, INCLUDING GROSS UP, TO ROBIN KOVAL IN THE AMOUNT OF $24,881 AND THESE WERE TREATED AS TAXABLE INCOME. THE ORGANIZATION PAID TRAVEL REIMBURSEMENT, INCLUDING GROSS UP, TO DONNA VALLONE IN THE AMOUNT OF $2,225 AND THESE WERE TREATED AS TAXABLE INCOME. THE ORGANIZATION HAS A HEALTH CLUB/CLASS BENEFIT WHICH IS OFFERED TO ALL EMPLOYEES. THIS BENEFIT IS TREATED AS TAXABLE INCOME TO THE RECIPIENT. EIGHT OF THE EMPLOYEES LISTED IN SCHEDULE J RECEIVED THIS BENEFIT. |
| PART I, LINES 4A-C | PART II, COLUMN B III: WILLIAN FURMANSKI RECEIVED A SEVERANCE PAYMENT IN THE AMOUN TO OF $44,866. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, ROBIN KOVAL RECEIVED A 457 (F) PLAN PAY-OUT OF $225,857.53. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, ANTHONY O'TOOLE RECEIVED A 457 (F) PLAN PAY-OUT OF $223,037.36. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, ELLEN VARGYAS RECEIVED A 457 (F) PLAN PAY-OUT OF $122,312.07. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION FOR DAVID ABRAMS CONSISTS PARTLY OF A 457 (B) PLAN PAY-OUT OF $234,258.30. ALSO, FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, DAVID ABRAMS RECEIVED A 457 (F) PLAN PAY-OUT OF $69,113.51. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, DONNA VALLONE RECEIVED A 457 (F) PLAN PAY-OUT OF $52,591.65. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION FOR DAVID DOBBINS CONSISTS PARTLY OF A 457 (F) PLAN PAY-OUT OF $122,312.07 FOLLOWING A 3 YEAR VESTING PERIOD, WHICH ENDED ON JANUARY 1, 2017. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION FOR ERIC ASCHE CONSISTS PARTLY OF A 457 (F) PLAN PAY-OUT OF $90,093.38 FOLLOWING A 3 YEAR VESTING PERIOD, WHICH ENDED ON JANUARY 1, 2017. |
| PART I, LINE 7 | ALL BONUS AMOUNTS REPORTED ON SCHEDULE J, PAGE 2, PART II, ARE PERFORMANCE BASED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 3B | TRUTH INITIATIVE FOUNDATION IS AWAITING ADDITIONAL INFORMATION IN ORDER TOTIMELY FILE A COMPLETE AND ACCURATE FORM 990-T BY THE EXTENDED DEADLINE OF MAY 15, 2019. THE AMOUNT SHOWN AS NET UNRELATED BUSINESS TAXABLE INCOME ON LINE 7B OF PAGE 1 OF THE FORM 990 IS AN ESTIMATE BASED ON AVAILABLE INFORMATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE NATIONAL GOVERNORS ASSOCIATION, NATIONAL ASSOCIATION OF ATTORNEYS GENERAL, AND NATIONAL COUNCIL OF STATE LEGISLATURES EACH HAVE THE AUTHORITY TO APPOINT TWO CLASS A DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | PURSUANT TO BOARD RESOLUTION, THE BOARD OBSERVES THE FOLLOWING PROCEDURES IN THE FOLLOWING ORDER: FIRST, THE AUDIT COMMITTEE REVIEWS AND APPROVES THE DRAFT FORM 990; SECOND, THE APPROVED FORM 990 IS ELECTRONICALLY ROUTED TO ALL BOARD MEMBERS; THIRD, THE FORM IS FILED WITH THE IRS AND POSTED TO THE FOUNDATION'S WEB SITE. |
| FORM 990, PART VI, SECTION B, LINE 12C | TRUTH INITIATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY: REQUIRING ANNUAL REVIEW OF POLICY AND WRITTEN DISCLOSURES BY ALL DIRECTORS, SENIOR STAFF AND RESEARCH INVESTIGATORS WHICH ARE COLLECTED AND REVIEWED BY THE GENERAL COUNSEL; REQUIRING UPDATED FILINGS AS NECESSARY BY DIRECTORS AND COVERED STAFF; REQUIRING CONTEMPORANEOUS DISCLOSURES OF ALL CONFLICTS AND POTENTIAL CONFLICTS NOT DISCLOSED IN THE ANNUAL FILINGS, BY ALL DIRECTORS AND STAFF; REQUIRING ALL RESEARCH INVESTIGATORS WHO PARTICIPATE IN NIH-FUNDED RESEARCH TO COMPLY WITH NIH'S FINANCIAL CONFLICT OF INTEREST (FCOI) REGULATION AND TO ANNUALLY COMPLETE THE NIH TUTORIAL ON CONFLICTS OF INTEREST; AND PLACING ADMINISTRATIVE RESPONSIBILITY FOR TRAINING AND COMPLIANCE WITH THE GENERAL COUNSEL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO AND TOP MANAGEMENT INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARATIVE DATA AND CONTEMPORANEOUS SUBSTANTIATION. THE BOARD REGULARLY RETAINS AN INDEPENDENT CONSULTING FIRM TO EVALUATE THE COMPENSATION OF THE CEO AND TOP MANAGEMENT AGAINST THE COMPETITIVE MARKET, INCLUDING COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS AS WELL AS BROADER, RELEVANT MARKET SURVEYS. BASED ON THAT ANALYSIS AND PERFORMANCE ASSESSMENTS AND THE REVIEW AND RECOMMENDATION OF THE BOARD'S EXECUTIVE COMMITTEE, THE FULL BOARD SETS THE CEO'S COMPENSATION, APPROVES OR AMENDS THE CEO'S RECOMMENDATION FOR THE COMPENSATION OF THE CFIO, AND REVIEWS OR AMENDS THE CEO'S RECOMMENDATION FOR THE COMPENSATION OF THE, COO, GC, CHIEF MARKETING OFFICER, AND CHIEF RESEARCH OFFICER. THE CEO MAKES COMPENSATION DECISIONS FOR OTHER SENIOR LEVEL EMPLOYEES, UPON RECOMMENDATION OF THE COO. |
| FORM 990, PART VI, SECTION C, LINE 19 | TRUTH INITIATIVE'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS CORPORATE WEBSITE, WWW.TRUTHINITIATIVE.ORG. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 34,142. MANAGEMENT AND GENERAL EXPENSES 7,345. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,487. CONSULTING: PROGRAM SERVICE EXPENSES 232,710. MANAGEMENT AND GENERAL EXPENSES 134,771. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 367,481. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 72,434,387. MANAGEMENT AND GENERAL EXPENSES 138,271. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,572,658. HONORARIUM: PROGRAM SERVICE EXPENSES 3,950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,950. MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,000. NRT - CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 6,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,188. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN (LOSS) ON SWAPS 1,228,019. |
| 2017 FORM 990, SCHEDULE A - PART IV FACTS AND CIRCUMSTANCES ANALYSIS | TRUTH INITIATIVE FOUNDATION D/B/A TRUTH INITIATIVE (TRUTH INITIATIVE) QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER ALL OF THE FACTS AND CIRCUMSTANCES BECAUSE (A) IT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM GOVERNMENT UNITS, FROM DIRECT OR INDIRECT CONTRIBUTIONS FROM THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES, UNDER THE STANDARDS SET FORTH IN REG. 1.170A-9(F)(3)(I) AND (II); AND (B) IT IS IN THE NATURE OF A PUBLICLY SUPPORTED ORGANIZATION TAKING INTO ACCOUNT THE FACTORS SET FORTH IN REG. 1.170-A-9(F)(3)(III) THROUGH (VII). A. TEN PERCENT SUPPORT LIMITATION. TRUTH INITIATIVE NORMALLY RECEIVES AT LEAST 10 PERCENT OF ITS TOTAL SUPPORT FROM PUBLIC SOURCES. AS SET FORTH IN SCHEDULE A, PART II, THE ORGANIZATION'S PUBLIC SUPPORT FOR TAXABLE YEARS 2013 - 2017 WAS 11.30%. ATTRACTION OF PUBLIC SUPPORT. TRUTH INITIATIVE MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM DESIGNED TO ATTRACT PUBLIC SUPPORT. THE TOTAL AMOUNT OF PUBLIC SUPPORT RAISED BY THE ORGANIZATION IN TAXABLE YEARS 2013-2017 AS A RESULT OF THESE EFFORTS WAS $13.2 MILLION. EXAMPLES OF EFFORTS TO ATTRACT PUBLIC SUPPORT DURING THE FIVE-YEAR TESTING PERIOD INCLUDE THE FOLLOWING: FEDERAL GOVERNMENT GRANTS AND CONTRACTS. TRUTH INITIATIVE MAINTAINS A BONA FIDE, CONTINUOUS AND SUCCESSFUL PROGRAM TO ATTRACT NEW AND ADDITIONAL FEDERAL GOVERNMENTAL SUPPORT. AS PART OF THIS PROGRAM, THE ORGANIZATION HAS DEDICATED STAFF IN BOTH ITS SCHROEDER RESEARCH INSTITUTE AND FINANCE DEPARTMENT TO ASSIST WITH APPLICATIONS FOR FEDERAL SUPPORT AND TO MANAGE GRANTS AND CONTRACTS THAT ARE AWARDED. FROM TAX YEAR 2013 THROUGH 2017, TRUTH INITIATIVE SUBMITTED 75 APPLICATIONS FOR FEDERAL GRANTS AND CONTRACTS. IN 2017 ALONE, WE SUBMITTED 13 APPLICATIONS FOR NATIONAL INSTITUTES OF HEALTH FUNDED GRANTS TO SUPPORT OUR RESEARCH AND RELATED ACTIVITIES. ALL OF THESE APPLICATIONS WERE CONSISTENT WITH TRUTH INITIATIVE'S CHARITABLE PURPOSE OF MITIGATING THE TOLL OF DEATH AND DISEASE CAUSED BY THE TOBACCO EPIDEMIC. OVER THE FIVE YEAR PERIOD, TRUTH INITIATIVE WAS AWARDED 27 FEDERAL GRANTS AND CONTRACTS FOR A TOTAL AMOUNT AWARDED OF $23,754,670. OTHER GRANTS. DURING THE FIVE-YEAR TESTING PERIOD, TRUTH INITIATIVE ALSO SUBMITTED FUNDING PROPOSALS TO A NUMBER OF OTHER ENTITIES. THE ORGANIZATION RECEIVED 13 AWARDS FOR A TOTAL AMOUNT AWARDED OF $2,777,762. IN THE CURRENT TAXABLE YEAR THIS INCLUDED SUPPORT FROM, FOR EXAMPLE, GEORGE WASHINGTON UNIVERSITY, TRINITY HEALTH, AND CVS HEALTH FOUNDATION. B. PERCENTAGE OF FINANCIAL SUPPORT. TRUTH INITIATIVE WAS ESTABLISHED IN 1999 PURSUANT TO THE TERMS OF THE MASTER SETTLEMENT AGREEMENT NEGOTIATED BY THE ATTORNEYS GENERAL OF 46 STATES, THE DISTRICT OF COLUMBIA AND FIVE U.S. TERRITORIES IN SETTLEMENT OF CIVIL ACTIONS FILED AGAINST THE MAJOR U.S. TOBACCO COMPANIES FOR DAMAGES DUE TO THE HARMFUL EFFECTS OF TOBACCO. THE STATES REQUESTED THAT A PORTION OF THE FUNDS THEY RECEIVED FROM THE TOBACCO INDUSTRY BE USED TO ESTABLISH AND FUND AN ORGANIZATION PRIMARILY DEDICATED TO STUDYING AND PROVIDING PUBLIC EDUCATION ABOUT THE IMPACT OF TOBACCO IN ORDER TO REDUCE ITS USE AND ASSOCIATED DEATH AND DISEASE. THE ORGANIZATION ALSO RECEIVED FUNDING FROM A SIMILAR SETTLEMENT AGREEMENT ENTERED INTO BETWEEN THE STATES AND THE SMOKELESS TOBACCO COMPANIES. EARLY ON TRUTH INITIATIVE'S BOARD OF DIRECTORS VOTED TO ALLOCATE A SIGNIFICANT PORTION OF THE SETTLEMENT FUNDS RECEIVED FROM 1999 2003 FOR LONG-TERM INVESTMENTS (RESERVE FUND), WHICH OPERATES LIKE A QUASI-ENDOWMENT TO SUPPORT FUTURE CHARITABLE AND EDUCATIONAL ACTIVITIES IN THE YEARS AFTER THE SETTLEMENT PAYMENTS WOULD CEASE. THE ORGANIZATION'S LONG-TERM INVESTMENTS (RESERVE FUND) AT JUNE 30, 2018 WAS $832.8 MILLION. UNDER THE TERMS OF THE SETTLEMENT AGREEMENTS, THE LAST OF THE NORMALLY SCHEDULED PAYMENTS WERE RECEIVED DURING ITS 2007 TAXABLE YEAR (ENDING JUNE 30, 2008). SINCE THAT TIME, BECAUSE OF THE CESSATION OF THE SETTLEMENT PAYMENTS, TRUTH INITIATIVE HAS RECEIVED AN INCREASINGLY HIGH PERCENTAGE OF ITS TOTAL SUPPORT FROM INVESTMENT INCOME ON ITS LONG-TERM INVESTMENTS (RESERVE FUND) AND ITS PUBLIC SUPPORT PERCENTAGE HAS DECLINED SUBSTANTIALLY SO THAT BEGINNING WITH THE 2012 TAXABLE YEAR THE ORGANIZATION FOR THE FIRST TIME NO LONGER QUALIFIED UNDER THE 33 1/3 PERCENT OF SUPPORT TEST DURING THE FIVE-YEAR TESTING PERIOD. HOWEVER, WERE IT NOT FOR THE LARGE AMOUNT OF GROSS INVESTMENT INCOME GENERATED BY THE RESERVE FUND, THE ORGANIZATION'S PUBLIC SUPPORT OF $13.2 MILLION WOULD EASILY ALLOW IT TO QUALIFY AS A PUBLICLY SUPPORTED ORGANIZATION. AS SET FORTH IN REG. 1.170A-9(F)(3)(III), THE FACT THAT TRUTH INITIATIVE'S PUBLIC SUPPORT PERCENTAGE IS LOW BECAUSE A HIGH PERCENTAGE OF ITS TOTAL SUPPORT COMES FROM INVESTMENT INCOME ON ITS LONG-TERM INVESTMENTS (RESERVE FUND) IS EVIDENCE OF ORGANIZATIONAL COMPLIANCE WITH THE FACTS AND CIRCUMSTANCES TEST. REPRESENTATIVE GOVERNING BODY. TRUTH INITIATIVE HAS A GOVERNING BODY WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, OTHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. UNDER THE ORGANIZATION'S BYLAWS, THE ELEVEN-PERSON BOARD OF DIRECTORS CONSISTS OF TWO DIRECTORS APPOINTED BY EACH OF THE NATIONAL ASSOCIATION OF ATTORNEYS GENERAL, THE NATIONAL GOVERNORS ASSOCIATION, AND THE NATIONAL CONFERENCE OF STATE LEGISLATURES FROM AMONG THEIR MEMBERS. AS OF THE END OF THE REPORTING YEAR, THESE DIRECTORS (CLASS A DIRECTORS) INCLUDED THE GOVERNORS OF UTAH AND RHODE ISLAND, THE ATTORNEYS GENERAL OF CONNECTICUT AND NEBRASKA, A STATE SENATOR FROM NEW YORK AND A STATE ASSEMBLYMAN FROM NEW JERSEY. THE ATTORNEY GENERAL OF IOWA SERVED AS IMMEDIATE PAST CHAIR. THE CLASS A DIRECTORS ELECT BY MAJORITY VOTE THE REMAINING FIVE DIRECTORS, THE CLASS B DIRECTORS. THE BYLAWS PROVIDE THAT ONE OF THE CLASS B DIRECTORS SHALL HAVE EXPERTISE IN PUBLIC HEALTH ISSUES AND FOUR DIRECTORS SHALL HAVE EXPERTISE IN MEDICAL, CHILD PSYCHOLOGY, OR PUBLIC HEALTH DISCIPLINES. AS OF THE END OF THE REPORTING YEAR, CLASS B DIRECTORS INCLUDED THE EXECUTIVE DIRECTOR OF THE AMERICAN PUBLIC HEALTH ASSOCIATION, THE CHIEF EXECUTIVE OFFICER OF THE AMERICAN HEART ASSOCIATION, A FORMER STATE ATTORNEY GENERAL WHO HAS BEEN A NATIONAL LEADER ON TOBACCO ISSUES, A COMMISSIONER OF NYC DEPARTMENT OF HEALTH & MENTAL HYGIENE, AND THE CHIEF EXECUTIVE OFFICER AND FOUNDER OF CRISIS TEXT LINE OF NY. RECENT FORMER CLASS B DIRECTORS INCLUDE THE PRESIDENT OF THE SOUTHERN CALIFORNIA REGION, KAISER FOUNDATION HEALTH PLAN AND HOSPITALS, THE THEN-ASSOCIATE DEAN FOR PUBLIC HEALTH PRACTICE AT THE HARVARD SCHOOL OF PUBLIC HEALTH, A FORMER PRESIDENT OF THE AMERICAN MEDICAL ASSOCIATION, AN IMMEDIATE PAST PRESIDENT OF THE AMERICAN CANCER SOCIETY, A DISTINGUISHED PROFESSOR OF HEALTH AND HEALTH CARE AT THE DEPARTMENT OF MEDICINE OF THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO AND THE CHIEF EXECUTIVE OFFICER EMERITUS OF THE AMERICAN HEART ASSOCIATION. THERE ARE ALSO TWO YOUTH LIAISONS TO THE BOARD OF DIRECTORS WHO MAY CAST NON-BINDING ADVISORY VOTES. |
| 2017 FORM 990, SCHEDULE A - PART IV FACTS AND CIRCUMSTANCES ANALYSIS (CONT) | AVAILABILITY OF PUBLIC FACILITIES AND SERVICES; PUBLIC PARTICIPATION IN PROGRAMS. TRUTH INITIATIVE PROVIDES FACILITIES AND SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS. THE ORGANIZATION'S TRUTH CAMPAIGN, BEGUN IN 2000, IS THE LARGEST NATIONAL YOUTH SMOKING PREVENTION CAMPAIGN EVER UNDERTAKEN IN THIS COUNTRY; ITS AWARD-WINNING ADVERTISEMENTS, GRASS ROOTS TOURS AND APPEARANCES, SOCIAL MEDIA AND OTHER ON-LINE MEDIA COMMUNICATIONS HAVE PROVIDED THE FACTS TO MILLIONS OF TEENS ABOUT TOBACCO USE AND INDUSTRY MARKETING TACTICS AND HAS BEEN CREDITED WITH A SIGNIFICANT DECLINE IN YOUTH SMOKING RATES. IN THE SUMMER OF 2014, TRUTH INITIATIVE LAUNCHED A REDESIGNED AND UPDATED VERSION OF THE TRUTH CAMPAIGN ACROSS MULTIPLE, NATIONAL MEDIA PLATFORMS INCLUDING TELEVISION, SOCIAL MEDIA, ON-LINE AS WELL AS A GRASS ROOTS COMPONENT. THE ORGANIZATION COMMITTED TO SUPPORTING THE CAMPAIGN WITH A SUBSTANTIAL INVESTMENT OF $200 MILLION OVER THREE YEARS THROUGH ITS 2016 TAX YEAR AND HAS RENEWED A SUBSTANTIAL FUNDING COMMITMENT FOR THE CAMPAIGN FOR TAX YEARS BEYOND THAT INCLUDING TAX YEARS 2017 AND 2018. THE CAMPAIGN IS REACHING MILLIONS OF YOUTH AND AFFECTING THEIR ATTITUDES ABOUT TOBACCO AND THEIR INTENTIONS TO SMOKE. IN 2008, TRUTH INITIATIVE AND A COALITION OF PUBLIC HEALTH GROUPS AND STATE PUBLIC HEALTH DEPARTMENTS BEGAN BECOME AN EX, AN INNOVATIVE SMOKING CESSATION CAMPAIGN AND WEBSITE FOR ADULT SMOKERS WHO ARE READY TO QUIT BUT NEED HELP. THE WEBSITE INCLUDES A COMMUNITY WHERE, AT NO CHARGE, SMOKERS CAN PROVIDE AND RECEIVE SUPPORT AS WELL AS A COMPANION TEXT MESSAGING PROGRAM TO OFFER TAILORED CESSATION RESOURCES. THE SITE PROTOCOL WAS DEVELOPED IN CONJUNCTION WITH THE MAYO CLINIC AND MAYO CLINIC STAFF PROVIDE CLINICAL SUPPORT IN THE FORM OF ONLINE INTERACTION WITH THE COMMUNITY. WE CONTINUE TO SUPPORT THE BECOMEANEX.ORG WEB SITE AND THE EX COMMUNITY THROUGH EARNED MEDIA AND PAID ONLINE ADVERTISING. BEGINNING IN 2016, WE HAVE BEGUN AN EFFORT TO PROVIDE EX AS A SMOKING CESSATION SOLUTION FOR EMPLOYERS, HEALTH PLANS AND OTHER PAYORS. THIS HAS INCLUDED A SUBSTANTIAL OVERHAUL OF THE TECHNICAL CAPABILITIES OF THE SITE, WHICH IS STILL PROVIDED FREE OF CHARGE TO THE GENERAL PUBLIC. OUR HOPE IS THIS WILL PROVIDE A STREAM OF MISSION RELATED REVENUE TO SUPPORT AND SUSTAIN EX AND OTHER TRUTH INITIATIVE PROGRAMMING. DURING THIS YEAR, FEE REVENUE FROM THIS SERVICE HAS BEEN MINIMAL $35,732. IN TAX YEAR 2014, AND CONTINUING THROUGH TAX YEAR 2017, TRUTH INITIATIVE INITIATED A PROGRAM IN WHICH IT PROVIDES GRANTS AND TECHNICAL ASSISTANCE TO COMMUNITY COLLEGES AND HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCU'S) TO SUPPORT THE ESTABLISHMENT OF TOBACCO-FREE POLICIES AT THESE INSTITUTIONS WHICH SERVE LARGE NUMBERS OF YOUNG ADULTS FROM LOW-INCOME AND MINORITY COMMUNITIES. IN FOUR YEARS OF THIS PROGRAM, THROUGH TAX YEAR 2017, TRUTH INITIATIVE HAS AWARDED MORE THAN $1 MILLION IN GRANTS TO COMMUNITY COLLEGES AND HBCU'S. TRUTH INITIATIVE'S YOUTH ACTIVISM PROGRAMS ALSO REACH OUT TO TEENS AND YOUNG ADULTS TO EDUCATE THEM ABOUT THE DANGERS OF TOBACCO AND HELP THEM BECOME CHANGE AGENTS IN THEIR COMMUNITIES. DURING TAX YEARS 2016 AND 2017, THIS PROGRAM WAS SUPPORTED BY $1.5 MILLION IN GRANT FUNDING PROVIDED BY THE CVS FOUNDATION. IN TAX YEAR 2017, WE DIRECTLY REACHED OVER 500,000 TEENS AND YOUNG ADULTS AND, THROUGH OUR NATIONAL SUMMIT ON YOUTH ACTIVISM AND FELLOWSHIP PROGRAMS, PROVIDED TECHNICAL ASSISTANCE TO OVER 100 YOUTH LEADERS IN CONNECTION WITH PLANNING AND EXECUTING COMMUNITY BASED PROJECTS TO HIGHLIGHT THE TOLL OF TOBACCO AND RECRUIT THEIR PEERS. TRUTH INITIATIVE ALSO SUPPORTS AND CONDUCTS RESEARCH ON THE CAUSES OF TOBACCO ADDICTION AND METHODS FOR CONTROLLING TOBACCO USE, INCLUDING BY YOUNG PEOPLE, AND IT REGULARLY PUBLISHES SCHOLARLY STUDIES WHICH MAKE THE RESULTS OF THIS RESEARCH AVAILABLE THROUGHOUT THE PUBLIC HEALTH AND BROADER SCIENTIFIC COMMUNITIES. THIRTY-FIVE ARTICLES WERE PUBLISHED IN BETWEEN JULY 2017 JUNE 2018. THESE PUBLICATIONS AND JOURNALS HAVE INCLUDED ANNALS OF BEHAVIORAL MEDICINE, NICOTINE AND TOBACCO RESEARCH, TOBACCO CONTROL, THE JOURNAL OF SUBSTANCE ABUSE TREATMENT, ADDICTIVE BEHAVIOR, JMIR RESEARCH PROTOCOL, BMC PUBLIC HEALTH, ADDICTION, TOBACCO REGULATORY SCIENCE, AND THE INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | M STREET HOLDINGS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2030 M STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911956621 | EIN |
| Primary Activities | PROPERTY RENTAL/MGMT. | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUTH INITIATIVE FOUNDATION | BusinessNameLine1Txt |
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