2015-11-16T09:06:00-08:00 2015-06-30 FUOCO GROUP LLP 200 PARKWAY DRIVE SOUTH SUITE 302 HAUPPAUGE NY 11788 990 2014-07-01 132950801 North Star Fund Inc NORT 2126209110 520 Eighth Avenue New York NY 10018 Hugh Hogan Executive Director 2015-11-16 true Barry S Krostich CPA P00051586 6313601700 2014 2016-02-25 16:41:14Z 6881104 false false X www.northstarfund.org X 1979 NY North Star Fund is New York's leading community foundation working to create a more just & equitable city. By organizing donors, raising funds, & distributing grants, we support better schools, housing and health care, protect civil liberties & help create living wage jobs. North Star Fund supports grassroots activism and organizing to achieve social justice and the common good. Our core grantmaking program provides support grants of $5,000, $10,000, $15,000 and $50,000 to social change organizations in New York City. North Star Fund has two grant cycles per year, one in the Spring with a deadline on or about February 15th and one in the Fall with a deadline on or about September 15th. Applications are accepted beginning one month before the deadline. Visit our website at www.northstarfund.org for the guidelines, application form and instructions. 17 14 20 30 0 3191699 5188389 43027 65500 96056 25575 0 3330782 5279464 1490067 2074183 0 1084699 1125940 0 646145 1276939 1095610 3851705 4295733 -520923 983731 6824584 7949991 226345 379822 6598239 7570169 North Star Fund is New York's leading community foundation working to create a more just & equitable city. By organizing donors, raising funds, & distributing grants, we support better schools, housing and health care, protect civil liberties & help create living wage jobs. North Star Fund supports grassroots activism and organizing to achieve social justice and the common good. Our core grantmaking program provides support grants of $5,000, $10,000, $15,000 and $50,000 to social change organizations in New York City. North Star Fund has two grant cycles per year, one in the Spring with a deadline on or about February 15th and one in the Fall with a deadline on or about September 15th. Applications are accepted beginning one month before the deadline. Visit our website at www.northstarfund.org for the guidelines, application form and instructions. false false 3489317 2074183 In 1979, a network of 28 young visionaries established North Star Fund - a foundation that forged a new approach to giving. Inspired by the era's movements for social justice, they created a collaborative, activities-led philanthropy. For three decades, North Star Fund has remained an agile, community driven foundation. Since 1979, it has distributed more than $45 million to over 1,850 groups to fund innovative community organizing and grassroots activism. North Star Fund operates administrative offices in New York, NY. It is supported primarily through contribution and investment income. North Star Fund is New York City's community foundation working to create a city rooted in the values of equality, economic justice and peace. By connecting with and inspiring donors to give, and by awarding grants for grassroots organizing and activism, we are building a community of progressive leaders in a movement to achieve lasting social change.Donor programs include: A philanthropy committed to change: North Star Fund connects people with wealth to grassroots activism that challenges the root causes of social problems. Organize donors to reflect our region: Innovative programs engage people who give inherited wealth and earned income, professionals of color, and LGBT donors. Donor advised services: North Star Fund draws on its deep knowledge of community issues and its management expertise to help individuals, families, and foundation partners develop effective grantmaking strategies. Beyond giving: Through publications and workshops, it builds knowledge of socially responsible investing and progressive estate planning.During the fiscal year ending June 30, 2012, North Star Fund became the fiscal sponsor for the Communities United for Police Reform (CPR) campaign. CPR brings together a diverse array of current and former North Star Fund grantees in a multi-year campaign to end discriminatory policing practices in New York. It builds on the strength of a diverse coalition of community members, lawyers, researchers and activists to work for community alternatives to top down policing and for restorative criminal justice. As the fiscal sponsor, North Star Fund provides a way for interested donors to provide tax deductible support to the campaign, charitable compliance, and administrative and financial support.In June 2015, North Star Fund completed a capital campaign that raised $8.5 million for operations and growth called Activism's Future: Campaign for Philanthropic and Grassroots Leadership. Designed to connect philanthropic donors to community organizers with increased grantmaking to support grassroots victories, Activism's Future has allowed North Star Fund to double its grantmaking, take new leadership on strategic communications and expand its compelling donor networking and learning and sharing opportunities to increase the numbers of progressive givers donating through North Star Fund. 3489317 true true false true false true false false false true true false false false true true true false false false false false false false true false false true false true false false false false false false false false true false true true false false false false false false false false false true 32 0 true 20 true false false false false false true true false false 0 false false false false false false false false false false X 17 14 false false false false false false false true true false false true true true true true true true true false NY X X cori Parrish 2126209110 520 Eighth Avenue 2203 New York NY 10018 Nisha Atre Chair 1.00 0.00 X X 0 0 0 Andrea Batista Schlesinger Board Member 1.00 0.00 X 0 0 0 Oona Chatterjee Board Member 1.00 0.00 X 0 0 0 Jennifer Flynn CFC Co-Chair 1.00 0.00 X 0 0 0 Jason Franklin Treasurer 1.00 0.00 X X 0 0 0 Andrew Goldberg Board Member 1.00 0.00 X 0 0 0 Pierre Hauser Vice Chair 1.00 0.00 X X 0 0 0 Hugh Hogan Executive Dir. 40.00 0.00 X 168907 0 8806 Asa Johnson Board Member 1.00 0.00 X 0 0 0 Lloyd Martinez Board Member 1.00 0.00 X 0 0 0 Gonzalo Mercado Board Member 1.00 0.00 X 0 0 0 Christine Parker Board Member 1.00 0.00 X 0 0 0 Zahida Pirani CFC Co-Chair 1.00 0.00 X 0 0 0 Mark Reed Board Member 1.00 0.00 X 0 0 0 Alvarez Symonette Board Member 1.00 0.00 X 0 0 0 Michael Waterman Secretary 1.00 0.00 X X 0 0 0 Maggie Williams Board Member 1.00 0.00 X 0 0 0 168907 8806 1 false true false 0 327731 4860658 727512 5188389 Administrative Fees 900099 65500 65500 65500 40781 40781 0 0 0 1463568 1478774 -15206 -15206 -15206 122866 327731 122866 0 0 0 0 5279464 50294 40781 2074183 2074183 0 0 0 177713 108405 47982 21326 0 722042 491905 45475 184662 14459 8820 3904 1735 150411 106301 10082 34028 61315 37402 7358 16555 0 2415 1860 555 16766 16766 0 0 0 10500 10500 8484 8484 78787 49098 9135 20554 0 0 106039 69572 11221 25246 7818 7376 136 306 0 14295 10288 1233 2774 0 0 29238 17835 3509 7894 4745 2895 569 1281 Consultants 357436 206708 14710 136018 Donor Education 114627 114627 Event Expense 88247 88247 Printing and Publications 82641 42741 197 39703 173572 120317 4760 48495 4295733 3489317 160271 646145 1046845 1193542 2494706 3456816 0 1341053 1525104 0 0 0 0 16738 39934 264476 155545 87458 108931 1819543 1607423 0 0 0 18241 18241 6824584 7949991 47746 120953 178599 258869 226345 379822 X 2709335 2573169 2888904 3375459 1000000 1621541 6598239 7570169 6824584 7949991 983731 -11801 X false true X true false X 884937 4576735 5285569 3191699 5188389 19127329 0 0 884937 4576735 5285569 3191699 5188389 19127329 0 19127329 49193 40080 40950 39630 40781 210634 0 0 19337963 0.98910 0.98900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 2087 739 2826 1025 3851 770 193 1894 2056 false 433539 298003 770 732312 1098468 44978 12713 2826 60517 108385 74501 193 183079 274619 3206 611 2087 5904 18 424220 503772 1193944 true true 1000000 621541 1621541 1000000 1000000 1000000 1000000 1000000 1000000 1000000 1000000 1.00000 false false false 144197 119952 24245 64608 9782 54826 55671 25811 29860 108931 Accrued Compensated absences 33136 Accrued rent 22771 Grants Payable 202961 Rounding 1 258869 X 5267663 -11801 -11801 5279464 5279464 4295733 4295733 4295733 Part V, Line 4: Intended uses of the endowment fund. The intended use of the $1,621,541 is to hold it in perpetuity, protecting the principal from depreciation, while investing it for income which will be used for unrestricted purposes. Part X : FIN48 Footnote Income taxes North Star Fund is exempt from Federal income taxes as an organization (not a private foundation) formed for charitable purposes under Section 501(c)(3) of the Internal Revenue Code. Donors may deduct contributions made to North Star Fund within the requirements of the Internal Revenue Code. Under Accounting Standards Codification (ASC) Section 740, the tax status of tax-exempt entities is an uncertain tax position, since events could potentially occur that jeopardize the tax-exempt status. Management of North Star Fund is not aware of any events that could jeopardize the tax-exempt status. Therefore, no liability or provision for income tax has been reflected in the financial statements. North Star Fund's federal exempt organization tax returns for the years ended June 30, 2012, 2013 and 2014 are subject to examination by the Internal Revenue Service, generally for three years after they are filed. false Gala 450597 327731 122866 88247 34619 450597 327731 122866 88247 34619 122866 false See Attached 520 Eightn Ave 2208 New York NY 10018 2074183 0 1 0 X X X false false false false false false false false false false Hugh Hogan Executive Dir. 168907 5000 3806 177713 Maggie Williams Board Member 20000 Technical Assistance false Mark Reed Board Member 50000 Invt in Contact Fund false Zahida Parani Board Member 18750 Coaching Program false 21 727512 false true false Form 990, Part VI, Line 11b: Form 990 Review Process The draft 990 was presented to the Finance Committee of the Board and reviewed in detail. The full Board was presented with the draft 990 and the Finance Committee recommended the draft 990 to the full Board for approval. The full Board reviewed the draft 990 before it was to be submitted. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members annually review the conflict of interest policy and disclose any conflicts they may have on a written form. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Executive Director's salary and benefits are presented to the Executive Committee of the Board, which reviews and approves them, both for the prior year end budgeted projections for the coming year. The full Board approves the Executive Director's salary and benefits in aggregate form as part of the annual budget, which they vote on each year. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies and financial statements are all available upon request and filed with the appropriate government agencies.