2016-11-14T11:58:00-06:00 2015-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-01-01 237156531 ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC ASSO 6462300309 333 SEVENTH AVENUE 14TH FLOOR NEW YORK NY 10001 SUSAN TAYLOR BATTEN PRESIDENT AND CEO 6462300309 2016-11-14 1 GARRETT M HIGGINS P00543209 2122862600 2016-11-14 2015 2017-02-10 21:41:12Z SUSAN TAYLOR BATTEN 333 SEVENTH AVENUE 14TH FLOOR NEW YORK NY 10001 2528119 0 X WWW.ABFE.ORG X 1971 IN ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. 18 18 9 18 0 0 910533 2101633 132293 424977 2195 1509 1323 0 1046344 2528119 0 0 0 0 845996 939001 0 0 201319 1033460 1300685 1879456 2239686 -833112 288433 1434234 1693842 257382 228557 1176852 1465285 X ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. AS AN INSTITUTION, ABFE SEEKS TO IMPACT THE COMMUNITY OF PHILANTHROPIC PRACTICE AND THEREBY THE OVERALL HEALTH AND STRENGTH OF THE BLACK COMMUNITY. 0 0 384110 89444 ANNUAL CONFERENCE -ABFE'S ANNUAL CONFERENCE IS A GATHERING OF PHILANTHROPIC AND NON-PROFIT PROFESSIONALS FOR NETWORKING AND ENGAGEMENT AROUND SHARED INTEREST IN SUPPORTING BLACK COMMUNITIES THROUGH PHILANTHROPY. THE TARGET AUDIENCE IS ABFE'S MEMBERS AND PARTNERS; FOUNDATION TRUSTEES, EXECUTIVE STAFF AND PROGRAM OFFICERS, GRANT MAKING ENTITIES INCLUDING PRIVATE FOUNDATIONS, CORPORATE GIVING PROGRAMS, DONOR-ADVISED FUNDS AND GIVING CIRCLES. (SEE CONTINUATION ON SCHEDULE O)ABFE'S #EMPOWERPHILANTHROPY 2015 CONFERENCE ENGAGED 258 PARTICIPANTS. THE CHIEF OBJECTIVE WAS TO PLACE AN EMPHASIS ON THE NEED FOR BOLD LEADERSHIP BY BLACK PROFESSIONALS IN THE FIELD, AS WELL AS INCREASED INVESTMENTS IN BLACK ORGANIZING AND CONSTITUENCY ENGAGEMENT. #EMPOWERPHILANTHROPY MOBILIZED MANY WHO INTERSECT WITH PHILANTHROPY TO EXPLORE CONTEMPORARY AND CUTTING-EDGE PHILANTHROPIC STRATEGIES IN KEY ISSUE AREAS THAT WILL HAVE THE GREATEST IMPACT. ONE OF THE EVENTS WAS THE JAMES A JOSEPH LECTURE, WHERE ABFE PAID TRIBUTE TO AMBASSADOR JAMES A JOSEPH, THE CO-FOUNDER OF ABFE AND A DISTINGUISHED LEADER IN THE FIELD. THIS ANNUAL EVENT RECOGNIZES AN OUTSTANDING INDIVIDUAL WHOSE LEADERSHIP AND CONTRIBUTIONS AS A VISIONARY PHILANTHROPIC LEADER HAVE HELPED ADVANCE PHILANTHROPIC IDEALS. 286861 228728 RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) -ABFE BRINGS A NEW FRAMEWORK ON RPBC TO REALIZE ITS MISSION OF PROMOTING EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. THIS NEW TEMPLATE BUILDS UPON GRANTMAKING WITH A RACIAL EQUITY LENS BUT IS TAILORED SPECIFICALLY TO GRANTMAKING IN AND FOR BLACK COMMUNITIES. AS A RESULT, ABFE HAS DESIGNED A SET OF DEFINING CHARACTERISTICS OF PHILANTHROPY THAT IS MORE LIKELY TO REDUCE GAPS IN RACIAL DISPARITIES FACING BLACKS IN THE UNITED STATES. WE HAVE BEEN PARTNERING WITH GRANTMAKERS AROUND THE COUNTRY TO APPLY THIS FRAMEWORK TO THEIR INVESTMENTS. (SEE CONTINUATION ON SCHEDULE O)IN 2015, 325 PARTICIPANTS FROM 10 FOUNDATIONS ENGAGED IN RPBC TRAININGS AND CONVENINGS. MANY PARTICIPANTS DEMONSTRATED THAT THEY IMPROVED THEIR LEADERSHIP AND ADVOCACY SKILLS AND THEIR UNDERSTANDING OF BLACK ISSUES PARTICULARLY THE RACIAL EQUITY FRAMEWORK AS A RESULT OF THE RPBC PROGRAMMING. THERE IS EVIDENCE THAT PARTICIPANTS HAVE DEVELOPED OR UTILIZE NEW STRATEGIES FOR GRANTMAKING TO BLACK COMMUNITIES. 233531 5250 CONNECTING LEADERS FELLOWSHIP (CLFP) - CLFP IS A YEAR-LONG EXPERIENCE DESIGNED TO SHARPEN THE SKILLS AND STRENGTHEN THE LEADERSHIP CAPACITY OF FOUNDATION STAFF, DONORS, AND TRUSTEES WHO ARE COMMITTED TO ASSISTING BLACK COMMUNITIES THROUGH PHILANTHROPY. FELLOWS HAVE THE OPPORTUNITY TO LEARN FROM SEASONED GRANTMAKERS AND PEERS ON A REGULAR BASIS, UNDERSTAND HOW TO BE MORE EFFECTIVE AGENTS FOR CHANGE WITHIN THEIR INSTITUTIONS, AND PARTICIPATE IN A NETWORK THAT FOCUSES ON INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES. THE FELLOWSHIP BEGINS WITH A WEEK-LONG LEADERSHIP SUMMIT. IN ADDITION, FELLOWS CONDUCT A 360-DEGREE EVALUATION AND ARE ASSIGNED A LEADERSHIP COACH. (SEE CONTINUATION ON SCHEDULE O)CLFP - EACH FELLOW IS REQUIRED TO COMPLETE A COMMUNITY-BASED LEARNING PROJECT DURING THE FELLOWSHIP YEAR, WHICH CAN BE VOLUNTEER WORK OR A RESEARCH PROJECT ON A TOPIC OF INTEREST. SINCE THE INTRODUCTION OF THE CLFP, 101 PARTICIPANTS HAVE UNDERGONE THE PROFESSIONAL DEVELOPMENT AND TRAINING. 179874 CATALIZING COMMUNITY GIVING:THE AIM OF THIS PROGRAM IS TO ENGAGE AFRICAN AMERICAN DONORS ACROSS NATIONAL BLACK CIVIC ORGANIZATIONS TO CREATE DONOR ENGAGEMENT PROGRAMS FOCUSED ON VULNERABLE FAMILIES, THROUGH TARGETED GIVING MODELS AND GRANTS TO COMMUNITY-BASED ORGANIZATIONS. 154479 BLACK MEN AND BOYS INITIATIVE-THE OBJECTIVE OF THIS PROGRAM IS TO BUILD THE CAPACITY OF ORGANIZATIONS ON THE FRONT LINES OF SUPPORTING BLACK MALE INITIATIVES. FOR THE FISCAL YEAR 2015, ABFE TRAINED THE LEADERSHIP OF THE INSTITUTE FOR BLACK MALE ACHIEVEMENT (IBMA) IN ITS RACIAL EQUITY FRAMEWORK AND TOOLS. THE PRIMARY GOAL OF THE RACIAL EQUITY TRAININGS IS TO INFLUENCE BEHAVIORS AND PRACTICES IN WAYS THAT WE THINK ARE MORE LIKELY TO IMPROVE OUTCOMES FOR ALL COMMUNITIES BY TARGETING BLACK MALES. THIS WORK CENTERS ON "RAISING THE BAR" FOR ALL GROUPS (NOT JUST MAKING BLACKS EQUAL WHITES) WHILE SIMULTANEOUSLY CLOSING "RACIAL DISPARITY GAPS." 140833 28305 MEMBERSHIP SERVICES -IN 2015, ABFE CONTINUED TO PARTNER WITH FOUNDATIONS, NON-PROFITS AND INDIVIDUALS TO PROVIDE ITS MEMBERS WITH PROFESSIONAL DEVELOPMENT AND TECHNICAL RESOURCES THAT FURTHER THE PHILANTHROPIC SECTOR'S CONNECTION AND RESPONSIVENESS TO ISSUES OF EQUALITY, DIVERSITY AND INCLUSION. 97063 SMART INVESTING -HAVING IDENTIFIED KEY BARRIERS THAT PREVENT FINANCE PROFESSIONALS OF COLOR FROM WORKING IN THE FIELD OF PHILANTHROPY, ABFE HAS OUTLINED A STRATEGY FOR INCREASING THE ENGAGEMENT OF MINORITY MANAGERS IN SEARCH ACTIVITY AND SELECTION. THIS ISSUE IS YET ANOTHER LAYER OF PHILANTHROPIC PRACTICES WHERE WE CONTINUE TO PROMOTE FAIR AND EQUITABLE HIRING, DECISION-MAKING AND ACCESS TO OPPORTUNITY. THIS WORK HIGHLIGHTS COLLATERAL BENEFITS NOT ONLY FOR THE FIELD OF PHILANTHROPY, BUT ALSO FOR BLACK AND OTHER COMMUNITIES OF COLOR THAT SHOULD NOT BE IGNORED, INCLUDING: WEALTH BUILDING IN COMMUNITIES OF COLOR; DEVELOPMENT OF A PIPELINE OF INDUSTRY PROFESSIONALS AND TRUSTEE LEADERSHIP FOR THE SECTOR; AND GROWTH OF PHILANTHROPISTS AND HIGH IMPACT DONORS IN THEIR RESPECTIVE COMMUNITIES. 270988 73250 OTHER PROGRAMS-LEVERAGE THE TRUST: A PROGRAM DESIGNED TO INCREASE THE NUMBER AND CAPACITY OF BLACK TRUSTEES AT PHILANTHROPIC ORGANIZATIONS; AND TO ENGAGE BLACK TRUSTEES IN SUPPORTING A RACIAL EQUITY AGENDA WITHIN THEIR INSTITUTIONS AND THROUGHOUT THE SECTOR.THE BLACK PHILANTHROPIC RESOURCE LIBRARY WILL SERVE AS A REPOSITORY OF INFORMATION TO INCREASE AWARENESS AMONG OUR MEMBERS AND THE BROADER FIELD OF PHILANTHROPY OF THE ISSUES FACING BLACK COMMUNITIES AND TO INFORM THIS AUDIENCE OF VARIOUS INDICATORS OF WELL-BEING AND POSSIBLE INVESTMENT STRATEGIES TO ADDRESS THEM. 843237 101555 1747739 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 9 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY IN X X JANET GUMBS CHIEF FINANCIAL OFFICER 6462300309 333 SEVENTH AVENUE 14TH FLOOR NEW YORK NY 10001 MR GARY L CUNNINGHAM CHAIR 1.00 X X 0 0 0 MR SAMUEL CARGILE PHD VICE CHAIR 1.00 X X 0 0 0 MR KENNETH JONES TREASURER 1.00 X X 0 0 0 MR MARCUS MCGREW SECRETARY 1.00 X X 0 0 0 MS TOWALAME AUSTIN DIRECTOR 1.00 X 0 0 0 MS IVYE ALLEN PHD DIRECTOR 1.00 X 0 0 0 MR WILLIAM BUSTER DIRECTOR 1.00 X 0 0 0 MS BITHIAH L CARTER DIRECTOR 1.00 X 0 0 0 MS LAUREN CASTEEL DIRECTOR 1.00 X 0 0 0 MR JOHN JACKSON EDD JD DIRECTOR 1.00 X 0 0 0 MS ROZ LEE DIRECTOR 1.00 X 0 0 0 MS ANTOINETTE MALVEAUX DIRECTOR 1.00 X 0 0 0 MR KENT MCGUIRE DIRECTOR 1.00 X 0 0 0 MS KAREN MCNEIL-MILLER DIRECTOR 1.00 X 0 0 0 MS ALVERTHA PENNY DIRECTOR 1.00 X 0 0 0 MS TOYA RANDALL DIRECTOR 1.00 X 0 0 0 MS ALANDRA WASHINGTON DIRECTOR 1.00 X 0 0 0 MS SHERECE WEST PHD DIRECTOR 1.00 X 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 40.00 X 164819 0 1800 MS ERIKA DAVIES VP, EXTERNAL AFFAIRS 40.00 X 105053 0 34748 MR MARCUS WALTON VP/ COO 40.00 X 102908 0 8986 MS JANET GUMBS VP, FINANCE & ADMINISTRATION 24.00 X 54199 0 12742 426979 0 58276 3 0 1 0 SPECIAL GATHERING LLC 503 E 36TH STREET BALTIMORE MD 21218 EVENT MANAGEMENT 134480 1 239676 1861957 2101633 PROGRAM & LECTURE FEES 611710 401672 401672 JOBS CORNER REVENUE 541800 23305 23305 424977 1509 1509 2528119 424977 0 1509 X 485255 244210 125236 115809 318476 244947 42120 31409 5689 4282 815 592 61129 48587 11694 848 68452 42620 14143 11689 15362 9565 3174 2623 641489 634087 6768 634 62087 33873 16259 11955 27254 16969 5631 4654 63613 39607 13143 10863 217796 182476 31788 3532 238056 227291 9415 1350 817 509 169 139 5971 3718 1234 1019 STAFF DEVELOPMENT 21860 13610 4517 3733 MEMBERSHIP DUES 4940 575 3895 470 REPAIRS & MAINTENANCE 1056 429 627 HONORARIA 384 384 2239686 1747739 290628 201319 6465 45465 967878 526838 407008 1052264 49164 45450 12741 93610 90940 2733 2670 4700 4700 1434234 1693842 90739 105640 166643 122917 257382 228557 X 513490 265900 663362 1199385 1176852 1465285 1434234 1693842 288433 0 X X 0 1 X 1 0 X 2825233 715627 1947889 910533 2101633 8500915 2825233 715627 1947889 910533 2101633 8500915 3593838 4907077 3626 2157 2166 2195 1509 11653 3625 2790 1323 7738 8520306 677129 0.57590 0.49420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2012 AMOUNT: $ 3,625. 2013 AMOUNT: $ 1,789. 2014 AMOUNT: $ 1,323. TRAVEL INCOME - 2013 AMOUNT: $ 1,001. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93610 90940 2670 2670 X 2528119 0 2528119 0 2528119 2239686 0 2239686 0 2239686 PART X, LINE 2: THE ASSOCIATION RECOGNIZES THE EFFECT OF TAX POSITIONS WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATIONS OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAX, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX THAT WOULD REQUIRE DISCLOSURE AND/OR RECOGNITION IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2012. X X X X 0 0 0 0 0 0 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 164819 0 0 0 0 0 0 0 1800 0 166619 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FOLLOWING THREE CLASSES OF MEMBERSHIP: 1) INSTITUTIONAL MEMBERS, 2) INDIVIDUAL VOTING MEMBERS, AND 3) INDIVIDUAL ASSOCIATE MEMBERS. PRIVATE, PUBLIC, COMMUNITY, FAMILY AND CORPORATE GRANTMAKING INSTITUTIONS AS WELL AS OTHER INSTITUTIONS AND CORPORATIONS PARTICIPATING AS GRANTORS AND INVESTORS IN BLACK COMMUNITIES ARE ELIGIBLE TO JOIN AS INSTITUTIONAL SUPPORTERS. INDIVIDUALS WHO ARE STAFF OR TRUSTEES OF GRANTMAKING INSTITUTIONS ARE ELIGIBLE TO JOIN AS INDIVIDUAL MEMBERS (VOTING PRIVILEGES). INDIVIDUALS WHO ARE PRACTITIONERS, CONSULTANTS, REPRESENTATIVES OF NON-PROFITS AND ORGANIZATIONS THAT ARE SERVING BLACK COMMUNITIES ARE ELIGIBLE TO JOIN AS ASSOCIATE MEMBERS (NON-VOTING PRIVILEGES). FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF THE BOARD OF DIRECTORS IS SUBJECT TO APPROVAL BY THE MEMBERS. EACH YEAR AT ABFE'S ANNUAL MEMBERSHIP MEETING, A SLATE OF CANDIDATES TO SERVE ON ABFE'S BOARD IS ELECTED BY ELIGIBLE MEMBERS WITH VOTING PRIVILEGES, INCLUDING INSTITUTIONAL AND INDIVIDUAL MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7B AT EVERY MEETING OF THE MEMBERSHIP, EACH MEMBER SHALL HAVE THE RIGHT TO CAST ONE VOTE ON EACH QUESTION. THE VOTE OF THE MAJORITY OF THOSE PRESENT SHALL DECIDE ANY QUESTION BROUGHT BEFORE SUCH MEETING, UNLESS THE QUESTION IS ONE UPON WHICH, BY LAW, THE ARTICLES OF INCORPORATION OR THE BY-LAWS, A DIFFERENT VOTE IS REQUIRED, IN WHICH CASE SUCH EXPRESS PROVISIONS SHALL GOVERN AND CONTROL. IN ADDITION, A NOTICE SHALL BE GIVEN TO THE MEMBERS OF THE CORPORATION, WHICH NOTICE SHALL INCLUDE A STATEMENT OF PROPOSED AMENDMENTS, BY THE BOARD OF DIRECTORS FOR THE MEMBERS' APPROVAL OF THE PROPOSED AMENDED BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE 990 IS PROVIDED ELECTRONICALLY BY EMAIL TO THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE IT IS FILED. THE BOARD OF DIRECTORS REVIEWS AND PROVIDES FEEDBACK ON THE 990. THE FEEDBACK IS REVIEWED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ABFE HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO THE BOARD OF DIRECTORS AND OFFICERS. EACH MEMBER OF THE BOARD OF DIRECTORS MUST SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY UPON BECOMING A BOARD MEMBER. IN ADDITION, SITTING BOARD MEMBERS AND OFFICERS MUST ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST FOR EACH YEAR THAT THEY ARE ON THE BOARD. BOARD MEMBERS ARE ALSO ASKED TO PRESENT ANY CONFLICT OF INTEREST DURING THEIR FIRST REGULAR BOARD MEETING OF THE YEAR. ANY CONFLICT OF INTEREST NOTED WILL BE REVIEWED BY THE PRESIDENT, CHAIR, AND OTHER MEMBERS OF THE BOARD OF DIRECTORS AND IS HANDLED ON A CASE-BY-CASE BASIS, WHICH IS RECORDED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 ABFE'S STAFF SALARIES MUST BE APPROVED BY THE BOARD EACH YEAR ALONG WITH THE ANNUAL OPERATING BUDGET. THE SALARY RANGE FOR THE CEO WAS SET BY THE BOARD OF DIRECTORS BASED ON A SURVEY OF NONPROFIT EXECUTIVE SALARIES IN ORGANIZATIONS OF SIMILAR SIZE (BUDGET AND STAFF) IN THE NYC METROPOLITAN REGION. THE BOARD'S ANNUAL ASSESSMENT OF THE PRESIDENT'S PERFORMANCE IS USED TO DETERMINE SALARY ADJUSTMENTS. THE RECENT ANNUAL ASSESSMENT WAS DONE IN OCTOBER 2014. SALARY SURVEYS, INCLUDING SALARY DATA FOR SIMILAR ORGANIZATIONS IN THE NON-PROFIT SECTOR, ARE USED TO DETERMINE STAFF SALARIES. CHANGES TO SALARY ARE PRESENTED ANNUALLY TO THE BOARD ALONG WITH THE ANNUAL BUDGET AND THE DECISION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ABFE MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990, AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 333 SEVENTH AVENUE, 14TH FLOOR, NEW YORK, NY 10001. FORM 990, PART IX, LINE 11G PROGRAM CONSULTING FEES: PROGRAM SERVICE EXPENSES 613,024. MANAGEMENT AND GENERAL EXPENSES 6,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 619,024. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 2,313. MANAGEMENT AND GENERAL EXPENSES 768. FUNDRAISING EXPENSES 634. TOTAL EXPENSES 3,715. DEVELOPMENT CONSULTING FEES: PROGRAM SERVICE EXPENSES 18,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,750. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS HAS THE RESPONSIBILITY FOR OVERSIGHT AND REVIEW OF FINANCIAL STATEMENTS AND THE SELECTION OF INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.