2025-09-29T22:05:31-05:00 2024-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2024-01-01 237213592 THE ROOSEVELT INSTITUTE ROOS 2124449130 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 FELICIA J WONG PRESIDENT AND CEO 2124449130 2025-09-09 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2024 2025-03-06 01:10:19Z FELICIA J WONG 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 36033848 0 X WWW.ROOSEVELTINSTITUTE.ORG X 1987 NY TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY. 21 21 75 21 0 0 12569976 21240790 0 0 856058 1595282 -211755 825 13214279 22836897 247400 265000 0 0 7744503 8952345 0 0 1172000 3983350 4915309 11975253 14132654 1239026 8704243 37532512 48635745 831132 2403757 36701380 46231988 X SEE SCHEDULE O. 0 0 5223770 124000 THINK TANK: SEE SCHEDULE O. 1421170 130000 NETWORK: SEE SCHEDULE O. 1301122 THE ROOSEVELT SOCIETY: SEE SCHEDULE O. 967569 11000 FDR LIBRARY: THE ROOSEVELT INSTITUTE PROVIDES PROGRAM SUPPORT TO THE FRANKLIN D. ROOSEVELT PRESIDENTIAL LIBRARY AND MUSEUM, LOCATED IN HYDE PARK, NEW YORK. THE INSTITUTE PROVIDES FUNDING IN SUPPORT OF THE LIBRARY'S EDUCATIONAL AND PUBLIC PROGRAMS, AS WELL AS PERMANENT AND TEMPORARY EXHIBITS, WHICH ARE VISITED BY APPROXIMATELY 151,000 GUESTS PER YEAR. 967569 11000 8913631 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 195 0 1 75 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X KATARINA K DUPLESSY THE ROOSEVELT INSTITUTE 2124449130 570 LEXINGTON AVENUE 5TH FL NEW YORK NY 10022 ANNE ROOSEVELT CHAIR 2.00 X X 0 0 0 DARLA KASHIAN VICE CHAIR 2.00 X X 0 0 0 RAJIV NARAYAN TREASURER 2.00 X X 0 0 0 HENRY HICKS SECRETARY 2.00 X X 0 0 0 SHARON BLOCK BOARD MEMBER 2.00 X 0 0 0 ABDUL EL-SAYED BOARD MEMBER 2.00 X 0 0 0 ERICA HAMILTON BOARD MEMBER 2.00 X 0 0 0 KEYONTAY HUMPHRIES BOARD MEMBER 2.00 X 0 0 0 NANCY ROOSEVELT IRELAND BOARD MEMBER 2.00 X 0 0 0 PERRIN IRELAND BOARD MEMBER 2.00 X 0 0 0 JAS JOHL BOARD MEMBER 2.00 X 0 0 0 BRINA MILIKOWSKY BOARD MEMBER 2.00 X 0 0 0 SALLY MINARD BOARD MEMBER 2.00 X 0 0 0 CHUCK MUCKENFUSS BOARD MEMBER 2.00 X 0 0 0 SABEEL RAHMAN BOARD MEMBER 2.00 X 0 0 0 NICHOLAS W ROOSEVELT BOARD MEMBER 2.00 X 0 0 0 DAWN SMALLS BOARD MEMBER 2.00 X 0 0 0 ANITA SONAWANE BOARD MEMBER 2.00 X 0 0 0 JASMIN WEAVER BOARD MEMBER 2.00 X 0 0 0 RANDI WEINGARTEN BOARD MEMBER 2.00 X 0 0 0 LOLA WEST BOARD MEMBER 2.00 X 0 0 0 FELICIA WONG PRESIDENT & CEO, EX OFFICIO 40.00 X X 515721 0 51141 KATARINA DUPLESSY CHIEF FINANCIAL OFFICER 40.00 X 271944 0 43665 JULIETTE STABLESKI CHIEF DEVELOPMENT OFFICER 40.00 X 234616 0 43174 LISA DEROCHE CHIEF PEOPLE EQUITY OFFICER 40.00 X 228000 0 27236 ILONA KRAMER CHIEF OPERATING OFFICER 40.00 X 197521 0 37615 DEBORAH DUNEVANT SVP COMMUNICATIONS 40.00 X 221640 0 25764 SUZANNE KAHN MG DIR. RESEARCH & POLICY 40.00 X 205162 0 9485 SHANNON SMITH MG DIR. FINANCE 40.00 X 187827 0 26943 ALI BUSTAMANTE DIR, WORKER POWER AND ECONOMIC SECURITY 40.00 X 160669 0 45264 SONIA ARES DIR. HUMAN RESOURCES 40.00 X 157045 0 31937 2380145 0 342224 31 0 1 0 THE KREHELY PROJECT LLC PO BOX 55 PROVINCETOWN MA 02657 ADVISE SENIOR STAFF ON ORGANIZATION STRA 288500 RHIANA GUNN-WRIGHT 2310 MACDONALD LN FLOSSMOOR IL 60422 SENIOR FELLOW AND RESIDENT AUTHOR 167500 2 21240790 7816 21240790 883571 883571 13908662 13196951 711711 711711 711711 OTHER INCOME 900099 825 825 825 22836897 825 0 1595282 X 124000 124000 141000 141000 1650632 980545 494188 175899 5729015 3409896 1708545 610574 167507 97979 51753 17775 861280 504732 264746 91802 543911 335014 150520 58377 86870 64287 20373 2210 67179 49715 15755 1709 167718 167718 2645910 1958076 620515 67319 2049 1240 596 213 447823 222535 188173 37115 130760 96767 30666 3327 466240 294637 126546 45057 415660 326155 53609 35896 187021 165874 19546 1601 19060 12663 4942 1455 73776 29010 39691 5075 DUES AND SUBSCRIPTIONS 200243 99506 84141 16596 STIPENDS AND AWARDS 5000 5000 14132654 8913631 4047023 1172000 17854899 21516752 4284906 8818315 178351 160655 126589 3779 15280 122810 14557295 16141112 641781 1876101 37532512 48635745 528729 797814 302403 1605943 831132 2403757 X 24170389 24406485 12530991 21825503 36701380 46231988 37532512 48635745 8704243 826365 0 X 0 1 X 1 0 X 20854405 14514092 10327118 12569976 21240790 79506381 20854405 14514092 10327118 12569976 21240790 79506381 32110481 47395900 106433 24099 276757 706389 883571 1997249 262568 321858 176493 31997 825 793741 82297371 0.57590 0.60490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 262,568. 2021 AMOUNT: $ 321,858. 2022 AMOUNT: $ 176,493. 2023 AMOUNT: $ 31,997. 2024 AMOUNT: $ 825. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1918 1918 14130736 14132654 856633 214158 0 0 768063 836509 748763 856633 3209968 4814952 23693 10778 2515 1918 38904 192016 209127 187191 214158 802492 1203738 3695 978 4673 22015129 19336194 1583814 10592110 32343027 20089297 9271691 2038232 9384091 22015129 30474311 7924452 -2101811 16207655 20089297 27853596 10404125 1782114 9565524 30474311 16137946 16789420 1072956 6146726 27853596 0.32520 0.67480 0 0 40839 1219 39620 27029 807 26222 58721 1753 56968 122810 CF INST. MULTI-STRATEGY EQUITY FUND 3216803 F CF INST. MULTI-STRATEGY FIXED INCOME 2992927 F OTHER 139915 F COMMON STOCK 9569997 F CASH RESERVE 221470 F 16141112 OPERATING LEASE LIABILITY 1605943 1605943 23495544 826365 826365 22669179 167718 167718 22836897 13964936 0 13964936 167718 167718 14132654 PART V, LINE 4: THE INSTITUTE MAINTAINS VARIOUS DONOR-RESTRICTED AND BOARD-DESIGNATED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG-TERM SUPPORT FOR THE CHARITABLE PROGRAMS OF THE INSTITUTE. 1 THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 615 WEST 131ST STREET MC 8741 NEW YORK NY 10027 135598093 501 (C) (3) 110000 0 2024 GRANT FOR J. STIGLITZ POST DOC PACE UNIVERSITY 1 PACE PLAZA NEW YORK NY 10038 135562314 501 (C) (3) 8000 0 GRANT FOR RESEARCH AND WRITING BY F. MENDOZA LOPEZ THE TRUSTEES OF PRINCETON UNIVERSITY 1 NASSAU HALL PRINCETON NJ 08544 210634501 501 (C) (3) 6000 0 GRANT FOR PUBLICATION: PRIVATE EQUITY & CORP POWER 3 NETWORK STIPENDS 54 130000 LIBRARY AWARDS 5 11000 PART I, LINE 2: THINK TANK GRANT - PACE UNIVERSITY FERNANDO MENDOZA LOPEZ WILL CONDUCT QUANTITATIVE ANALYSIS FOR A ROOSEVELT INSTITUTE REPORT ON THE RACIAL DISTRIBUTION OF THE EFFECTS OF TAX CHANGES ENACTED IN THE TAX CUTS AND JOBS ACT OF 2017. ROOSEVELT INSTITUTE FELLOW BEVERLY MORAN WILL DIRECT THE RESEARCH PROJECT. THE FINAL REPORT WILL BE PUBLISHED ON THE ROOSEVELT INSTITUTE WEBSITE. THINK TANK GRANT - THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NY FUNDS FROM THIS GRANT WILL SUPPORT RESEARCH AT THE INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA UNIVERSITY LED BY UNIVERSITY PROFESSOR JOSEPH STIGLITZ. PROFESSOR STIGLITZ ANTICIPATES THAT FUNDS WILL BE USED IN CONTINUED SUPPORT OF A POSTDOCTORAL RESEARCHER WHO WILL COORDINATE WITH MEMBERS OF THE ROOSEVELT PROGRAM TO CONDUCT THEORETICAL AND EMPIRICAL RESEARCH AS AGREED UPON OVER THE COURSE OF THE YEAR. JOSEPH STIGLITZ WILL CAREFULLY OVERSEE THEIS PROJECT AND MONITOR THE WORK OF THE POSTDOCTORAL RESEARCH SCHOLAR. THINK TANK GRANT - THE TRUSTEES OF PRINCETON UNIVERSITY ADAM GOLDSTEIN'S SUPPORT OF RESEARCH ON PRIVATE EQUITY AND CORPORATE POWER IN THE 21ST CENTURY CONDUCTED BY ROOSEVELT INSTITUTE'S CORPORATE POWER TEAM. X 0 0 0 0 0 0 0 0 0 FELICIA WONG PRESIDENT & CEO, EX OFFICIO 453221 0 62500 0 0 0 11000 0 40141 0 566862 0 0 0 KATARINA DUPLESSY CHIEF FINANCIAL OFFICER 271944 0 0 0 0 0 11000 0 32665 0 315609 0 0 0 JULIETTE STABLESKI CHIEF DEVELOPMENT OFFICER 234616 0 0 0 0 0 9922 0 33252 0 277790 0 0 0 LISA DEROCHE CHIEF PEOPLE EQUITY OFFICER 228000 0 0 0 0 0 9101 0 18135 0 255236 0 0 0 DEBORAH DUNEVANT SVP COMMUNICATIONS 221640 0 0 0 0 0 8815 0 16949 0 247404 0 0 0 ILONA KRAMER CHIEF OPERATING OFFICER 197521 0 0 0 0 0 1933 0 35682 0 235136 0 0 0 SHANNON SMITH MG DIR. FINANCE 187827 0 0 0 0 0 7678 0 19265 0 214770 0 0 0 SUZANNE KAHN MG DIR. RESEARCH & POLICY 205162 0 0 0 0 0 8291 0 1194 0 214647 0 0 0 ALI BUSTAMANTE DIR, WORKER POWER AND ECONOMIC SECUR 160669 0 0 0 0 0 6715 0 38549 0 205933 0 0 0 SONIA ARES DIR. HUMAN RESOURCES 157045 0 0 0 0 0 6419 0 25518 0 188982 0 0 0 FORM 990, PART III, LINE 1 THE ROOSEVELT INSTITUTE IS A THINK TANK ADVANCING BOLD IDEAS THAT REBALANCE POWER IN OUR ECONOMY AND DEMOCRACY, DRAWING ON THE LEGACY OF FRANKLIN AND ELEANOR ROOSEVELT. WE ADVANCE THIS MISSION THROUGH THE WORK OF OUR STAFF AND FELLOWS, AN INTERGENERATIONAL NETWORK OF STUDENTS AND ALUMNI, AND OUR PARTNERS AT THE FDR PRESIDENTIAL LIBRARY. FORM 990, PART III, LINE 4A THINK TANK: ROOSEVELT'S THINK TANK SUPPORTS OUTSTANDING THOUGHT LEADERS AS THEY TACKLE THE MOST PRESSING ECONOMIC ISSUES CONFRONTING OUR NATION AND CHAMPION IDEAS THAT PROMOTE BOTH GROWTH AND SHARED PROSPERITY. OUR RESEARCH AND POLICY NARRATIVE PRIORITIES ILLUMINATE CORPORATE POWER AS A SERIOUS CAUSE OF ECONOMIC DISTORTION AND MISALIGNMENT AND MAKE THE CASE THAT BOOSTING WORKER POWER IS ESSENTIAL TO CREATING ECONOMIC SECURITY. THROUGH STRATEGIC COMMUNICATIONS AND DEEP PARTNERSHIPS, WE BOTH AMPLIFY OUR WORK AND ENSURE IT IS USEFUL TO POLICYMAKERS AND ADVOCATES THROUGHOUT THE FIELD. FORM 990, PART III, LINE 4B NETWORK: THE ROOSEVELT NETWORK DEVELOPS AND SUPPORTS UNDERGRADUATE COLLEGE STUDENTS AND EARLY CAREER PROFESSIONALS TO BE THE NEXT GENERATION OF BOLD LEADERS IN THE POLICY ECOSYSTEM. FORM 990, PART III, LINE 4C ROOSEVELT SOCIETY: THE ROOSEVELT SOCIETY IS BUILDING A STRONGER, INTERGENERATIONAL COMMUNITY OF SCHOLARS, POLICYMAKERS, AND PUBLIC SERVANTS WORKING FOR A BETTER ECONOMY AND DEMOCRACY. IT OFFERS PROGRAMS, EVENTS, AND NETWORKING OPPORTUNITIES TO HELP BUILD POWER AND ADVANCE OUR WORLDVIEW. FORM 990, PART VI, SECTION A, LINE 2 ANNA ELEANOR ROOSEVELT, NICHOLAS W. ROOSEVELT, NANCY ROOSEVELT IRELAND AND PERRIN IRELAND HAVE A FAMILY RELATION. FORM 990, PART VI, SECTION A, LINE 4 THE INSTITUTE AMENDED THE BY-LAWS TO REFLECT FOR THE FOLLOWING CHANGES: 1. DIRECTOR COMPENSATION: DIRECTORS TYPICALLY DO NOT RECEIVE COMPENSATION FOR BOARD DUTIES BUT MAY BE REIMBURSED FOR APPROVED EXPENSES AND COMPENSATED FOR SEPARATE EXPERT SERVICES, WITH SUCH PAYMENTS DETERMINED BY THE CEO IN CONSULTATION WITH THE BOARD CHAIR. 2. DIRECTORS - ELECTIONS: DIRECTORS SHALL BE ELECTED BY THE BOARD AT THE ANNUAL MEETING OF THE BOARD, WHICH SHALL OCCUR ONCE PER YEAR, AS DESIGNATED BY THE BOARD CHAIR. 3. OFFICERS - TERMS, ELECTIONS, VACANCIES AND RESIGNATIONS: THE INSTITUTE'S OFFICERS (CHAIR, VICE CHAIR, TREASURER, AND SECRETARY) ARE ELECTED ANNUALLY FROM AMONG THE DIRECTORS BY A PLURALITY VOTE, FOLLOWING NOMINATION BY THE BOARD CHAIR AND RECOMMENDATION BY THE GOVERNANCE AND NOMINATING COMMITTEE; OFFICERS MAY SERVE UP TO THREE THREE-YEAR TERMS, WITH EXTENSIONS ALLOWED TO COMPLETE AN OFFICER TERM. 4. PRESIDENT - TENURE, ELECTIONS, APPROVAL: AT THE END OF THE PRESIDENT'S TENURE, A NEW PRESIDENT WILL BE SELECTED BY A PROCESS AT THE DISCRETION OF THE CHAIR. THE EXECUTIVE COMMITTEE MUST REVIEW AND APPROVE THE FINAL CANDIDATE BEFORE THE NEW PRESIDENT MUST BE APPROVED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B 1. THE 990 FORM TAX RETURN IS PREPARED BY THE INSTITUTE'S INDEPENDENT AUDITORS IN COLLABORATION WITH THE INSTITUTE'S FINANCE DEPARTMENT. 2. THE DRAFT OF THE TAX RETURN IS FIRST REVIEWED BY THE CFO AND CAO/CONTROLLER, WHO PROPOSE AND DISCUSS EDITS WITH THE INDEPENDENT AUDITORS. 3. NEXT, THE DRAFT OF THE TAX RETURN IS SUBMITTED TO THE AUDIT COMMITTEE. 4. THE AUDIT COMMITTEE REVIEWS THE DRAFT OF THE TAX RETURN WITH THE INDEPENDENT AUDITORS AND EITHER RECOMMENDS REVISIONS OR APPROVES THE DRAFT. 5. NEXT, THE APPROVED DRAFT OF THE TAX RETURN IS SHARED WITH THE ENTIRE BOARD OF DIRECTORS. 6. THE BOARD OF DIRECTORS HAVE 10-14 DAYS TO REVIEW THE FINAL DRAFT OF THE TAX RETURN AND SEND QUESTIONS OR REVISIONS. 7. AFTER THE REVIEW PERIOD ENDS, THE CFO REQUESTS THE FINAL TAX RETURNS FROM THE INDEPENDENT AUDITORS. 8. THE FINANCE TEAM FILES THE TAX RETURNS AS SOON AS POSSIBLE AFTER THE END OF THE REVIEW PERIOD. FORM 990, PART VI, SECTION B, LINE 12C 1. EACH YEAR, THE OFFICE OF THE PRESIDENT AND CEO DISTRIBUTES CONFLICT OF INTEREST FORMS TO ALL DIRECTORS OF THE BOARD 2. DIRECTORS COMPLETE THE FORMS AND DISCLOSE CONFLICT OF INTEREST, IF ANY 3. DIRECTORS SIGN THE FORMS AND RETURN THEM TO THE OFFICE OF THE PRESIDENT AND CEO 4. THE FORMS ARE SCANNED AND ELECTRONIC COPIES ARE RETAINED IN THE BOARD FOLDER IN THE CLOUD SERVER. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, IN DECEMBER, THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE OF THE BOARD REVIEW THE EXECUTIVE COMPENSATION, TAKING INTO CONSIDERATION THE ACCOMPLISHMENTS AND THE ANNUAL BUDGET. AT THE END OF THE REVIEW, THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE DECIDE ON THE ANNUAL SALARY AND BONUS FOR THE PRESIDENT AND CEO. THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE SHARES THE EVALUATION OF THE PRESIDENT AND CEO'S PERFORMANCE, ANNUAL SALARY AND BONUS DECISIONS WITH THE BOARD OF DIRECTORS IN A CLOSED SESSION. THE BOARD OF DIRECTORS REVIEWS THE PROPOSED SALARY AND BONUS AND MAKES THE FINAL DECISION. THE CHAIR OF THE BOARD COMMUNICATES THE FINAL DECISION ABOUT ANNUAL SALARY AND BONUS TO THE PRESIDENT AND CEO, AND THE CFO. THE DECISION IF FILED IN THE PRESIDENT AND CEO'S PERSONNEL FOLDER. THE CFO IS RESPONSIBLE FOR REFLECTING THE APPROVED SALARIES IN THE ANNUAL BUDGET AND FOR PROCESSING THE APPROVED BONUS. FORM 990, PART VI, SECTION C, LINE 19 THE ROOSEVELT INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE AS REQUIRED BY LAW. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 1,958,076. MANAGEMENT AND GENERAL EXPENSES 620,515. FUNDRAISING EXPENSES 67,319. TOTAL EXPENSES 2,645,910.