2017-11-14T09:19:26-06:00 2016-12-31 043296226 DICICCO GULMAN & COMPANY LLP 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2016-01-01 202776974 FSG INC FSGI 6173574000 500 BOYLSTON STREET SUITE 600 BOSTON MA 02116 JOHN KANIA BOARD MEMBER 6173574000 2017-11-10 1 DONALD J TROY CPA PC P00322664 7819375300 2017-11-10 38.111.50.130 2017-11-10 16:56:53 ES P EDA42913D9CD86227AE55EFC30FEA812850B80E2 70CEAEB1196BF9F9D7FD4D012BF18B1CE89FB4BB 2016 2017-02-10 21:41:12Z JOHN KANIA 500 BOYLSTON ST SUITE 600 BOSTON MA 02116 30446567 0 X WWW.FSG.ORG X 2005 MA FSG'S MISSION IS TO ACCELERATE SOCIAL PROGRESS BY WORKING WITH FOUNDATIONS, NONPROFIT ORGANIZATIONS, GOVERNMENTS AND CORPORATIONS TO INCREASE THEIR IMPACT ON SOLVING SOCIAL PROBLEMS. 9 5 139 257 0 0 5981434 5594860 23232353 24788468 43979 61362 8560 1877 29266326 30446567 200000 0 0 0 17645089 16535852 0 0 435469 10924781 12130636 28769870 28666488 496456 1780079 12596666 15582590 4852602 5822348 7744064 9760242 X FSG IS AN INTERNATIONAL NONPROFIT SOCIAL ENTERPRISE WITH A MISSION OF ACCELERATING THE PACE OF SOCIAL PROGRESS THROUGH PHILANTHROPIC LEADERSHIP. FSG ACHIEVES ITS MISSION BY PROVIDING STRATEGY CONSULTING, PROGRAM EVALUATION, RESEARCH AND THOUGHT LEADERSHIP TO THE NONPROFIT AND PHILANTHROPIC COMMUNITIES. DESCRIPTION OF ORGANIZATION:FSG EMPLOYS A TEAM OF 139 FULL TIME PROFESSIONALS WORKING FROM OFFICES IN BOSTON, SAN FRANCISCO, SEATTLE, DC, AND SWITZERLAND. FSG'S CONSULTANTS WORK IN TEAMS TO ASSIST LEADING FOUNDATIONS, CORPORATIONS AND NONPROFIT ORGANIZATIONS IN DEVELOPING STRATEGIES TO MEASURE AND ACHIEVE SOCIAL IMPACT. IN ADDITION, FSG HAS CONTRIBUTED TO BUILDING THE KNOWLEDGE, TOOLS AND BEST PRACTICES THAT CAN INCREASE PHILANTHROPIC EFFECTIVENESS THROUGH RESEARCH PUBLICATIONS, ON-LINE DATABASES, CONFERENCES AND PRESENTATIONS, AND THE PUBLICATION OF ORIGINAL ARTICLES IN JOURNALS SUCH AS THE "HARVARD BUSINESS REVIEW AND "STANFORD SOCIAL INNOVATION REVIEW". 0 0 6981004 7180261 THE EDUCATION & YOUTH PRACTICE WORKED ON 38 PROJECTS IN 2016 IN AREAS INCLUDING EARLY CHILDHOOD EDUCATION, YOUTH EMPLOYMENT, PERSONALIZED LEARNING, POSTSECONDARY EDUCATION, AND IMPROVING OUTCOMES FOR JUSTICE-INVOLVED YOUTH. PROJECTS INCLUDED THE DEVELOPMENT OF A SET OF CASE STUDIES OF SCHOOL DISTRICTS THAT ARE SCALING UP PERSONALIZED LEARNING MODELS, SUPPORT FOR THE CREATION OF A CITY-WIDE VISION FOR EARLY CARE AND EDUCATION IN DETROIT, PLANNING FOR HOW TO SCALE UP EMPLOYMENT SUPPORT FOR YOUTH WHO HAVE BEEN DISCONNECTED FROM SCHOOL AND WORK, THE DEVELOPMENT OF A STRATEGY TO STRENGTHEN INTERMEDIARIES THAT WILL HELP COLLEGES ADOPT STUDENT-CENTERED CAREER PATHWAYS MODELS, AND FACILITATION OF A COLLECTIVE IMPACT INITIATIVE TO BETTER ALIGN THE JUVENILE JUSTICE SYSTEM IN HARRIS COUNTY, TX. 3194298 3285390 THE US HEALTH PRACTICE AREA WORKED ON A TOTAL OF 28 PROJECTS FOR A WIDE RANGE OF CLIENTS, INCLUDING PRIVATE AND NON-PROFIT FOUNDATIONS, HEALTH CARE SYSTEMS, CORPORATE FOUNDATIONS AND NON-PROFIT ORGANIZATIONS. AN IMPORTANT THEME ACROSS THE WORK WAS ASSISTING CLIENTS TO ADAPT TO A CHANGING HEALTH CARE LANDSCAPE AND TO INCORPORATE CONSIDERATIONS OF HEALTH EQUITY INTO THEIR WORK. THERE WERE ALSO SEVERAL ENGAGEMENTS FOCUSED ON MULTISECTOR COLLABORATIONS TO ADDRESS COMMUNITY HEALTH CHALLENGES. IN 2016, FSG ASSISTED THE KRESGE AND W.K. KELLOGG FOUNDATIONS TO DEVELOP A CITYWIDE VISION FOR EARLY CHILDHOOD EDUCATION, CARE AND WELLBEING IN THE CITY OF DETROIT. FSG ALSO WORKED WITH THE CITY OF OAKLAND AND KAISER PERMANENTE TO DEVELOP A CITY-WIDE, MULTISECTOR COLLABORATION TO PROMOTE OAKLAND AS A HEALTHY, THRIVING, VIBRANT CITY FOR ALL OF ITS RESIDENTS. FSG WORKED WITH BLUE CROSS BLUE SHIELD OF MASSACHUSETTS FOUNDATION TO DEVELOP HEALTH AND HOUSING STRATEGY, PARTNERED WITH BRISTOL MYERS SQUIBB FOUNDATION TO PRODUCE A SERIES OF ISSUE BRIEFS ON EQUITY IN SPECIALTY CARE, WORKED WITH GE FOUNDATION TO CRAFT A COMPREHENSIVE SUBSTANCE USE PREVENTION, TREATMENT AND RECOVERY INVESTMENT STRATEGY. FSG PARTNERED WITH THE ST. DAVID'S FOUNDATION TO REFRAME THEIR APPROACH TO IMPACT AND INVESTMENT IN THE 5 COUNTY REGION AROUND AUSTIN, TX AND WORKED WITH THE HOGG MENTAL HEALTH FOUNDATION TO CRAFT A NEW STRATEGIC DIRECTION FOR THE FOUNDATION. FSG WORKED WITH THE ROBERT WOOD JOHNSON FOUNDATION ON A HEALTH EQUITY FELLOWSHIP PROJECT AND WITH THE NATIONAL COUNCIL OF LA RAZA TO DEVELOP A PLAN FOR PARTNERSHIP WITH THE RWJF. FSG CONTINUED TO PARTNER WITH KAISER PERMANENTE TO PROVIDE SUPPORT AND TECHNICAL ASSISTANCE IN THE DEVELOPMENT OF A STRATEGIC LEARNING AND EVALUATION SYSTEM, AND WITH THE KRESGE FOUNDATION TO DEVELOP A STRATEGIC LEARNING AND EVALUATION SYSTEM FOR SIX PROGRAM AREAS INCLUDING HEALTH. 3149692 3239593 THE FSG GLOBAL HEALTH PRACTICE WORKED ON OVER 25 PROJECTS WITH A RANGE OF ORGANIZATIONS INCLUDING ABBOTT LABORATORIES, FACEBOOK, THE BILL AND MELINDA GATES FOUNDATION, FRED HUTCHINSON CANCER RESEARCH CENTER, ELANCO, AMGEN, VISIONSPRING, FHI360, TEVA PHARMACEUTICALS, THE MEDICINES FOR MALARIA VENTURE, AND VIIV HEALTHCARE. FSG ENGAGEMENTS INCLUDED ASSISTING A GLOBAL PRIVATE-PUBLIC PARTNERSHIP WITH A NEW FIVE-YEAR STRATEGY, ADVISING SEVERAL CORPORATIONS ON HOW TO CREATE MORE FOCUSED AND SUSTAINABLE IMPACT IN ACCESS TO HEALTH CARE, ASSISTING A PHILANTHROPIC FOUNDATION ON HOW TO IMPROVE GENDER EQUALITY ACROSS ITS WATER AND SANITATION PROGRAMS, AND ADVISING A CONSORTIUM OF FUNDERS AND IMPLEMENTERS ON THE INTRODUCTION OF NEW HIV PREVENTION PRODUCTS IN LOW- AND MIDDLE-INCOME COUNTRIES. 10676777 11085101 FSG ALSO COMPLETED NUMEROUS OTHER PROJECTS, FIELD-BUILDING WORK AND KNOWLEDGE CREATION, FULFILLING OUR MISSION OF ACCELERATING THE PACE OF SOCIAL PROGRESS THROUGH PHILANTHROPIC LEADERSHIP. CONSULTING WORK IN THE AREAS OF GLOBAL DEVELOPMENT, COMMUNITY-BASED PHILANTHROPY, THE ENVIRONMENT AND OTHERS ARE REPRESENTED HERE. AS PART OF OUR FIELD-BUILDING ACTIVITIES, FSG AND ITS LEARNING COMMUNITIES (THE SHARED VALUE INITIATIVE, THE COLLECTIVE IMPACT FORUM AND IMPACT HIRING INITIATIVE) DEVELOPED AND PUBLISHED NEW RESEARCH AND TOOLS ON HOW TO ADDRESS SOCIAL PROBLEMS AND EVALUATE SOCIAL IMPACT. OUR RESEARCH WAS DISSEMINATED THROUGH THE PUBLICATION OF 25 WHITE PAPERS, ARTICLES, CASE STUDIES, TOOLS, AND RESOURCES, WHICH ALONG WITH OUR EXISTING BODY OF WORK, WERE DOWNLOADED MORE THAN 30,000 TIMES. WE ALSO PRESENTED OUR WORK AND IDEAS AT OVER 10 MAJOR CONFERENCES AROUND THE WORLD IN 2016, PRODUCED 15 PODCASTS, AND WEBINARS, AND 35 VIDEOS, AND WROTE FEATURED CONTENT FOR STANFORD SOCIAL INNOVATION REVIEW, HARVARD BUSINESS REVIEW, AND FORTUNE MAGAZINE. OUR LEARNING COMMUNITIES ALSO NOW REACH MEMBERSHIPS OF OVER 25,500 PRACTITIONERS THROUGH CONFERENCES, TRAININGS, AND FACILITATED KNOWLEDGE SHARING VIA FSG-HOSTED ONLINE PLATFORMS. 10676777 11085101 24001771 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 49 0 139 1 0 1 SZ IN 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 MA CA NY X X TODD ELLIS CHIEF FINANCIAL OFFICER 6173574000 500 BOYLSTON ST SUITE 600 BOSTON MA 02116 X JANE NELSON DIRECTOR 2.00 X 24000 0 0 LANCE FORS DIRECTOR 2.00 X 0 0 0 JOHN KANIA MANAGING DIRECTOR 60.00 X X 388478 0 25781 CAROLYN MILES DIRECTOR 2.00 X 0 0 0 MARK KRAMER MANAGING DIRECTOR 60.00 X X 366436 0 20333 CLOTILDE PEREZ-BODE DEDECKER DIRECTOR 2.00 X 0 0 0 HELENE GAYLE DIRECTOR 2.00 X 0 0 0 JANE WALES DIRECTOR 2.00 X 0 0 0 ANGELA GLOVER BLACKWELL DIRECTOR 2.00 X 0 0 0 TODD ELLIS CHIEF FINANCIAL OFFICER 60.00 X 208362 0 19673 EMILY MALENFANT CHIEF ADMINISTRATIVE OFFICER 48.00 X 90608 0 18256 MARC PFITZER MANAGING DIRECTOR 60.00 X 375806 0 16640 HALLIE PRESKILL MANAGING DIRECTOR 60.00 X 293213 0 20312 DANE SMITH MANAGING DIRECTOR 60.00 X 293165 0 19928 GREGORY HILLS MANAGING DIRECTOR 60.00 X 258565 0 17095 FAY HANLEYBROWN MANAGING DIRECTOR 60.00 X 232873 0 18368 LAUREN A SMITH MANAGING DIRECTOR 60.00 X 242059 0 17985 MICHAEL PORTER FORMER DIRECTOR 0.00 X 90871 0 0 KYLE PETERSON FORMER DIRECTOR 0.00 X 189805 0 10394 3054241 0 204765 44 1 1 0 EARLY WORKS LLC 3840 W LAFAYETTE BLVD DETROIT MI 48216 PROGRAM CONSULTING SERVICES 228242 RUSSELL REYNOLDS ASSOCIATES CHURCH STREET STATION PO BOX 6427 NEW YORK NY 10249 RECRUITING SERVICES 225712 MANAGEMENT ASSISTANCE GROUP 1155 F STREET NW SUITE 1050 WASHINGTON DC 20004 ORGANIZATIONAL DEVELOPMENT & CAPACITY BU 215896 POLICYLINK 1438 WEBSTER STREET 303 OAKLAND CA 94612 PROGRAM CONSULTING SERVICES 134000 4 5594860 128925 5594860 CONSULTING SERVICES 541900 22751971 22751971 CONFERENCE PRESENTATIONS 541900 1530278 1530278 MEMBERSHIP DUES 900099 506219 506219 24788468 61362 61362 OTHER 900099 1877 1877 1877 30446567 24790345 0 61362 X 1554372 1290574 239145 24653 12037019 9894570 1968600 173849 1930508 1702474 180349 47685 1013953 841871 156000 16082 5220187 4334249 803143 82795 850427 706096 130841 13490 356567 296053 54859 5655 1664168 1381736 256037 26395 1872667 1554849 288116 29702 5064 5064 189969 157728 29228 3013 133656 110973 20563 2120 FIELD BUILDING AND OUTR 955496 955496 0 0 DUES AND FEES 328055 272379 50473 5203 PROVISION FOR BAD DEBTS 250000 250000 0 0 MEALS 218806 181672 33664 3470 85574 71051 13166 1357 28666488 24001771 4229248 435469 1031658 3973762 88 88 2229050 1951007 4812882 4330461 601743 739593 1398492 1112413 423681 286079 3358438 4155898 139126 145702 12596666 15582590 2201074 2532651 1274379 2300941 1377149 988756 4852602 5822348 X 5107870 6462463 2636194 3297779 7744064 9760242 12596666 15582590 1780079 236099 0 X 0 1 X 1 0 X 1370775 2570223 2424212 4481434 4965936 15812580 17172832 18602025 21556659 21710127 23634741 102676384 18543607 21172248 23980871 26191561 28600677 118488964 375000 801392 1294086 3059594 3108436 8638508 4977163 7962110 8176673 5244042 5349630 31709618 5352163 8763502 9470759 8303636 8458066 40348126 78140838 3010 2579 46682 43979 61362 157612 3010 2579 46682 43979 61362 157612 19005 1327 1372 8560 1877 32141 18565622 21176154 24028925 26244100 28663916 118678717 0.65840 0.63520 0.00130 0.00110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 263451 186624 76827 524121 439058 85063 610920 486731 124189 286079 492184 C MUTUAL FUNDS 3663714 F 4155898 DEFERRED RENT 344861 RELATED PARTY PAYABLE-DUE TO INDIA 643895 988756 X 29854499 236098 -166581 69517 29784982 661585 661585 30446567 28632732 -33756 -33756 28666488 0 28666488 PART X, LINE 2: ASC 740 FOOTNOTE - GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA PRESCRIBE THE THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE TAX-EXEMPT STATUS OF AN ENTITY IS CONSIDERED A TAX POSITION. A LIABILITY FOR UNCERTAIN TAX POSITIONS ("UTPS") IS RECOGNIZED AND RECORDED AS A COMPONENT OF CURRENT INCOME TAX EXPENSE FOR DIFFERENCES BETWEEN FINANCIAL AND INCOME TAX REPORTING POSITIONS WHICH DO NOT MEET THIS THRESHOLD. ANY INTEREST AND PENALTIES RELATED TO UTPS ARE RECORDED AS A COMPONENT OF INCOME TAX EXPENSE. THE ORGANIZATION HAS NOT TAKEN ANY TAX POSITIONS, INCLUDING ANY TAX POSITIONS THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS, WHICH WOULD HAVE A MATERIAL EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, ON ITS FINANCIAL STATEMENTS, AND THUS HAS NOT RECORDED A LIABILITY AT DECEMBER 31, 2016 OR 2015. FSG FILES TAX RETURNS IN FEDERAL, STATE AND LOCAL JURISDICTIONS. FSG, INC. IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2013. CURRENTLY, THERE ARE NO TAX AUDITS IN PROCESS FOR FSG, INC. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS - NET -166,581. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 661,585. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS - NET -33,756. SWITZERLAND 1 9 PROGRAM SERVICES SOCIAL IMPACT CONSULTING 2148875 INDIA 1 33 SUB-CONTRACTOR PROGRAM SERVICES SOCIAL IMPACT CONSULTING 3236293 2 42 0 0 2 42 5385168 0 5385168 0 0 1 0 0 0 X X X X X 0 0 0 0 0 0 0 0 0 JOHN KANIA MANAGING DIRECTOR 388478 0 0 0 0 0 0 0 25781 0 414259 0 0 0 MARK KRAMER MANAGING DIRECTOR 366436 0 0 0 0 0 0 0 20333 0 386769 0 0 0 TODD ELLIS CHIEF FINANCIAL OFFICER 208362 0 0 0 0 0 0 0 19673 0 228035 0 0 0 MARC PFITZER MANAGING DIRECTOR 375806 0 0 0 0 0 0 0 16640 0 392446 0 0 0 HALLIE PRESKILL MANAGING DIRECTOR 293213 0 0 0 0 0 0 0 20312 0 313525 0 0 0 DANE SMITH MANAGING DIRECTOR 293165 0 0 0 0 0 0 0 19928 0 313093 0 0 0 GREGORY HILLS MANAGING DIRECTOR 258565 0 0 0 0 0 0 0 17095 0 275660 0 0 0 FAY HANLEYBROWN MANAGING DIRECTOR 232873 0 0 0 0 0 0 0 18368 0 251241 0 0 0 LAUREN A SMITH MANAGING DIRECTOR 242059 0 0 0 0 0 0 0 17985 0 260044 0 0 0 MICHAEL PORTER FORMER DIRECTOR 90871 0 0 0 0 0 0 0 0 0 90871 0 0 0 KYLE PETERSON FORMER DIRECTOR 189805 0 0 0 0 0 0 0 10394 0 200199 0 0 0 X LICENSES 3 128925 COST OR SELLING PRIC 0 0 0 FORM 990, PAGE 7, PART VII, LINE 1A FOR 2016, MARC PFITZER'S SALARY WAS DETERMINED TO BE THE EQUIVALENT OF $375,806 USD. THIS SALARY REFLECTS A GENEVA SWITZERLAND COST OF LIVING THAT IS APPROXIMATELY 160% OF SIMILAR U.S. CITIES AND FLUCTUATION OF THE CHF. FORM 990, PART VI, SECTION B, LINE 11B A DETAIL REVIEW OF THE 990 IS PERFORMED BY TOP MANAGEMENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW THE WRITTEN CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THIS FORM REQUIRES EACH PERSON TO IDENTIFY ANY RELATIONSHIPS THAT MAY POTENTIALLY BE CONFLICTS OF INTEREST UNDER THE POLICY. THE ORGANIZATION THEN INVESTIGATES THE POTENTIAL CONFLICT AND TAKES ANY APPROPRIATE ACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT OFFICIALS' SALARY WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF GOVERNANCE. THE COMMITTEE RELIED ON COMPARATIVE COMPENSATION INFORMATION FOR SIMILAR ORGANIZATIONS IN MAKING ITS DECISIONS ON COMPENSATION LEVELS. THE DECISION WAS DOCUMENTED IN A CONTEMPORANEOUS MANNER. THESE TOP MANAGEMENT OFFICIALS RECUSED THEMSELVES FROM THE PROCESS. COMPENSATION OF OFFICERS AND KEY EMPLOYEES WAS DETERMINED BY THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS USING COMPARATIVE SALARY DATA FROM VARIOUS RESOURCES INCLUDING GUIDESTAR AND AN INDEPENDENT COMPENSATION STUDY. INDEPENDENT APPROVAL OF THE COMPENSATION WAS PROVIDED BY THE BOARD OF GOVERNANCE. IN NO CASE DID AN INDIVIDUAL WITH AN INTEREST IN A SPECIFIC COMPENSATION AMOUNT PARTICIPATE IN THE COMPENSATION APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS ARE TO BE MADE DIRECTLY TO THE INDIVIDUAL LISTED IN PART VI, SECTION C, LINE 20. FORM 990 AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THIRD PARTY WEBSITES SUCH AS GUIDESTAR AND THE MASSACHUSETTTS ATTORNEY GENRAL DIVISION OF PUBLIC CHARITIES. FORM 990, PAGE 7, PART VII, LINE 1A: DURING 2016, JANE NELSON, MICHAEL PORTER AND KYLE PETERSON WERE COMPENSATED FOR CONSULTING SERVICES THAT THEY PROVIDED IN THEIR AREAS OF EXPERTISE. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 4,334,249. MANAGEMENT AND GENERAL EXPENSES 803,143. FUNDRAISING EXPENSES 82,795. TOTAL EXPENSES 5,220,187. FSG ADVISORY SERVICES PVT LTD 55-B POCKET C SIDDHARTHA EXTENSION NEW DELHI IN 110014 PROGRAM SERVICES IN FSG INC C -132825 556111 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0