FUNGI FOUNDATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FUNGI FOUNDATION INC (EIN 85-1478153)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349321402
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T15:31:24-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 205907840 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ketcham & Associates LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 Mountain Avenue | AddressLine1Txt |
| City | Westfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07090 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 851478153 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUNGI FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % GIULIANA FURCI | InCareOfNm |
| Business Name Control | FUNG | BusinessNameControlTxt |
| Phone | 2122029655 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 WEST 35TH ST SUITE 500 NO 767 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GIULIANA FURCI | PersonNm |
| Person Title | CHIEF EXEC DIRECTOR | PersonTitleTxt |
| Phone | 9082324618 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN KETCHAM CPA | PreparerPersonNm |
| PTIN | P01439801 | PTIN |
| Phone | 9082324618 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GIULIANA FURCI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 WEST 35TH ST SUITE 500 NO 767 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $407,817 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FFUNGI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO EXPLORE THE FUNGI TO INCREASE KNOWLEDGE OF THEIR DIVERSITY, PROMOTE INITIATIVE SOLUTIONS TO CONTINGENT PROBLEMS, EDUCATE ABOUT THEIR EXISTENCE AND APPLICATIONS, AS WELL AS RECOMMENDING PUBLIC POLICY FOR THEIR CONSERVATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $333,314 | PYContributionsGrantsAmt |
| CY Contributions Grants | $403,677 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,140 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $348,314 | PYTotalRevenueAmt |
| CY Total Revenue | $407,817 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $99,466 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $80,097 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $91,518 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $84,385 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $41,175 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $347,197 | PYOtherExpensesAmt |
| CY Other Expenses | $297,540 | CYOtherExpensesAmt |
| PY Total Expenses | $538,181 | PYTotalExpensesAmt |
| CY Total Expenses | $462,022 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$189,867 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$54,205 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $139,272 | TotalAssetsBOYAmt |
| Total Assets EOY | $82,068 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,999 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $136,273 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $82,068 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO EXPLORE THE FUNGI TO INCREASE KNOWLEDGE OF THEIR DIVERSITY, PROMOTE INITIATIVE SOLUTIONS TO CONTINGENT PROBLEMS, EDUCATE ABOUT THEIR EXISTENCE AND APPLICATIONS, AS WELL AS RECOMMENDING PUBLIC POLICY FOR THEIR CONSERVATION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $350,354 | ExpenseAmt |
| Grant | $80,097 | GrantAmt |
| Revenue | $407,817 | RevenueAmt |
| Desc | KINGDOM FUNGI IS INDISPENSABLE TO EARTHS MANY ECOSYSTEMS AND THE ORGANISMS THAT INHABIT THE PLANET. OUR MAIN FOCUS IS ON RESEARCH, CONSERVATION, EDUCATION, EXPLORATION AND DEVELOPMENT OF FUNGI. THE ORGANIZATION ENVISIONS A HEALTHY PLANET IN WHICH FUNGI ARE RECOGNIZED AS THE INTERCONNECTORS OF NATURE. | Desc |
| Total Program Service Expenses | $350,354 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GIULIANA FURCI | PersonNm |
| Phone | 2122029655 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 WEST 35TH ST SUITE 500 NO 767 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| GIULIANA FURCI | |||||||
| CHIEF EXECUTIVE DIRECTOR | 40.00 | 0.00 | Yes (X) | $58,336 | $0 | $0 | |
| JR RAHN | |||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| NANCY TURNER | |||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| PAUL STAMETS | |||||||
| DIRECTOR | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| JOANNA FOSTER | |||||||
| CHAIR | 20.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MICHELLE LOBO | |||||||
| TREASURER | 20.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| NATHALIE KELLEY | |||||||
| SECRETARY | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $58,336 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $403,677 | AllOtherContributionsAmt |
| Total Contributions | $403,677 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 624110 | BusinessCd |
| Total Revenue Column | $4,140 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,140 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,140 | TotalProgramServiceRevenueAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $407,817 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,140 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,097 | TotalAmt |
| Program Services | $80,097 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,385 | TotalAmt |
| Program Services | $59,069 | ProgramServicesAmt |
| Management And General | $12,658 | ManagementAndGeneralAmt |
| Fundraising | $12,658 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,110 | TotalAmt |
| Management And General | $24,110 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,098 | TotalAmt |
| Program Services | $439 | ProgramServicesAmt |
| Management And General | $549 | ManagementAndGeneralAmt |
| Fundraising | $110 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,824 | TotalAmt |
| Program Services | $1,054 | ProgramServicesAmt |
| Management And General | $1,318 | ManagementAndGeneralAmt |
| Fundraising | $1,452 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,672 | TotalAmt |
| Program Services | $1,469 | ProgramServicesAmt |
| Management And General | $1,836 | ManagementAndGeneralAmt |
| Fundraising | $367 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,964 | TotalAmt |
| Program Services | $4,806 | ProgramServicesAmt |
| Management And General | $1,125 | ManagementAndGeneralAmt |
| Fundraising | $33 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,050 | TotalAmt |
| Program Services | $55,938 | ProgramServicesAmt |
| Management And General | $914 | ManagementAndGeneralAmt |
| Fundraising | $4,198 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,038 | TotalAmt |
| Management And General | $2,038 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,277 | TotalAmt |
| Program Services | $911 | ProgramServicesAmt |
| Management And General | $1,138 | ManagementAndGeneralAmt |
| Fundraising | $228 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Bank charges and fees | $3,630 | $1,453 | $1,815 | $362 |
| Contracted services | $169,952 | $128,670 | $20,094 | $21,188 |
| Dues and subscriptions | $5,795 | $2,318 | $2,898 | $579 |
| Program expense | $14,130 | $14,130 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,022 | TotalAmt |
| Program Services | $350,354 | ProgramServicesAmt |
| Management And General | $70,493 | ManagementAndGeneralAmt |
| Fundraising | $41,175 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,156 | BOYAmt |
| EOY | $77,990 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,192 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,114 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,116 | BOYAmt |
| EOY | $4,078 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,272 | BOYAmt |
| EOY | $82,068 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,999 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,999 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,273 | BOYAmt |
| EOY | $82,068 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,273 | BOYAmt |
| EOY | $82,068 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,272 | BOYAmt |
| EOY | $82,068 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$54,205 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
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 | $60,660 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $541,058 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $413,399 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $333,314 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $403,676 | CurrentTaxYearAmt |
| Total | $1,752,107 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $60,660 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $541,058 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $413,399 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $333,314 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $403,676 | CurrentTaxYearAmt |
| Total | $1,752,107 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $323,668 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,428,439 | PublicSupportTotal170Amt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,000 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,753,107 | TotalSupportAmt |
| Public Support CY170 | 0.81480 | PublicSupportCY170Pct |
| Public Support PY170 | 0.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,192 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,114 | DepreciationAmt |
| Book Value | $4,078 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,078 | TotalBookValueLandBuildingsAmt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| South America | 1 | Grant making | Grants to recipients | $57,597 |
| North America Not the United States | Grant making | Grants to recipients | $22,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $80,097 | SubtotalSpentAmt |
| Total Spent | $80,097 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|
| South America | PROGRAM SUPPORT | $57,597 | 0 | Fair market value |
| North America Not the United States | PROGRAM SUPPORT | $22,500 | 0 | Fair market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Use of grant monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | FUNGI FOUNDATION INC RECEIVES INVITATIONS TO COLLABORATE WITHORGANIZATIONS, PROJECTS AND PEOPLE. THESE INVITATIONS ARRIVE MAINLY BYEMAIL THROUGH AN INSTITUTION THAT REFERS TO US AS AN NGO THAT PROMOTESTHE STUDY AND PROTECTION OF THE ENVIRONMENT FOCUSED ON THE FUNGI KINGDOM.THE PRINCIPAL FOCUS OF THE FUNGI FOUNDATION IS NOT FINANCIAL COLLECTIONFOR THIRD PARTIES, SO IN CASE OF PROVIDING FINANCIAL SUPPORT TO THIRDPARTIES, THEY MUST BE WELL-KNOWN INSTITUTIONS OR PEOPLE WHO PRESENT AFORMAL PROJECT TO THE FOUNDATIONS BOARD. THIS PROJECT IS REVIEWED BY THEFINANCIAL TEAM AND EXECUTIVE MANAGEMENT, WHO, ONCE APPROVED, INTRODUCETHE INITIATIVE TO THE BOARD OF DIRECTORS. FINALLY, IT IS THE BOARD OFDIRECTORS WHO DECIDE IF THE PROJECT IS VIABLE OR NOT. THE INITIATIVES THAT HAVE THE SUPPORT OF THE FUNGI FOUNDATION COMMIT TOCOMPLY THEIR PROJECT AS AGREED. THEY SHARE THEIR ACHIEVEMENTS ANDEXPENSES REPORT WITH A SETTLED FREQUENCY. LASTLY, A FINAL PRESENTATION ISMADE WITH THE FINAL OUTCOME OF THE PROJECT, ITS COSTS AND IMPACTS FORSOCIETY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | FUNGI FOUNDATION, INC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTINGFIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THEINFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEENPREPARED, REVIEWED BY THE TREASURER AND IS READY TO BE FILED WITH THEINTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FORAPPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THEINTERNAL REVENUE SERVICE. |
| Conflict of interest policy compliance Part VI line 12c | THE ORGANIZATIONS CONFILCT OF INTEREST POLICY APPLIES TO THE ORGANIZATIONSBOARD OF DIRECTORS. THE ORGANIZATION MONITORS ITS POLICY EACH YEAR BYHAVING THE BOARD DIRECTORS DICLOSE THIS IN THE BOARD MEETINGS. THEPROCEDURES FOR WHEN A CONFLICT OF INTEREST ARISES IS THE DIRECTOR OROFFICET MUST TAKE THIS MATTER UP TO THE BOARD OF DIRECTORS AND THEDISINTERETED DRECTORS SHOULD DETERMINE WHETHER IT IS IN THE BEST INTEREST. |
| CEO executive director top management comp Part VI line 15a | THE CHIEF EXECUTIVE OFFICERS COMPENSATION IS DETERMINED AND APPROVED BYTHE BOARD OF DIRECTORS BY USING COMPENSATION INFORMATION OF COMPARABLYSIZED NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS IS CONDUCTED ON AN ANNUALBASIS AND DOCUMENTED ON THE BOARDS MINUTES. |
| Other officer or key employee compensation Part VI line 15b | COMPENSATION OF EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS BY USING COMPENSATION INFORMATION OF COMPARABLY SIZED NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS IS CONDUCTED ON AN ANNUALBASIS AND DOCUMENTED ON THE BOARDS MINUTES. |
| Governing documents etc available to public Part VI line 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION ASREQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN ISALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. INADDITION, THE FORM 1023, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY,ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTENREQUEST. |
| General explanation attachment | Form 990, Part III: Notable Achievements1. The governments of Chile and the UK, together with the Fungi Foundation, launched the Fungal Conservation Pledge at the UN CBD COP16. It has been signed by 13 countries.2. In collaboration with the Fauna Flora Funga Initiative, we prepared an in-depth document guiding organizations on how to adopt mycologically inclusive language, called the Funga Tool Kit.3. We collaborated with National Geographic to include fungi in their definition of wildlife.4. Together with Museo Interactivo Mirador in Santiago, we created the first permanent exhibit on fungi in Chile.5. The MOTH Collective and a representative of the Los Cedros Cloud Forest submitted a petition to Ecuadors copyright office to recognize the moral authorship of the forest as a co-creator of a song, in a first attempt in legal and environmental history, alongside four humans.6. We launched the Fungal Conservation Tracker, a tool that sheds light on the successes and deficiencies of fungal conservation efforts around the world.7. Held DNA analysis to confirm the rediscovery of a species lost to science for 40 years Austroomphaliaster nahuelbutensis.8. Launch of the documentary In Search of a Lost Fungus.9. Held mycological expeditions to Mongolias Gobi Desert, Ecuadors Sarayaku Territory, and Chilean Patagonia.10. Chiles Curriculum Update Proposal now includes funga alongside flora and fauna, after years of advocacy by the Fungi Foundation.11. Published the Portuguese translation of the FF curriculum and Fantastic Fungi Educational Film.12. Conducted training sessions and talks for 90 teachers and 350 students.13. Developed the Fungi Foundations India Chapter.14. Premiered the ethnomycological documentary The Mushroom Keepers, filmed in India.15. Carried out the pilot phase of the project Remembering the Forest with people living in long-term elder care facilities in southern Chile.16. Premiered National Geographics documentary Flora Fauna Funga, recorded on a mycological expedition to Tierra del Fuego in Chile.17. Featured in 115 outlets across 31 countries through podcasts, interviews, articles, and videos. |
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