2014-11-11T13:30:59-06:00 2013-12-31 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2013-01-01 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 2014-11-10 1 GARRETT M HIGGINS P00543209 2122862600 2014-11-10 2013 2015-11-30 17:44:51Z SUSAN TAYLOR BATTEN 333 SEVENTH AVENUE 14TH FLOOR NEW YORK NY 10001 2023545 0 X WWW.ABFE.ORG X 1971 IN ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. 15 15 7 15 0 0 715627 1947889 49159 70700 2157 2166 3625 2790 770568 2023545 0 0 0 0 578673 641939 0 0 221351 776302 1007794 1354975 1649733 -584407 373812 1777475 2249051 141323 239087 1636152 2009964 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 299727 56330 ANNUAL CONFERENCE -ABFE'S ANNUAL CONFERENCE IS A GATHERING OF OVER 250 PHILANTHROPIC AND NONPROFIT PROFESSIONALS FOR NETWORKING AND ENGAGEMENT AROUND SHARED INTERESTS 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, COMMUNITY FOUNDATIONS, CORPORATE GIVING PROGRAMS, DONOR-ADVISED FUNDS AND GIVING CIRCLES. (SEE CONTINUATION ON SCHEDULE O).ONE OF THE KEY EVENTS IS THE JAMES A JOSEPH LECTURE ON PHILANTHROPY, A TRIBUTE TO AMBASSADOR JAMES A JOSEPH, THE CO-FOUNDER OF ABFE AND A DISTINGUISHED LEADER IN THE FIELD. THE LECTURE RECOGNIZES AN OUTSTANDING INDIVIDUAL WHOSE LEADERSHIP AND CONTRIBUTIONS AS A VISIONARY PHILANTHROPIC LEADER HAVE HELPED ADVANCE PHILANTHROPIC IDEALS. 258567 RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) -IN 2013, THE RPBC PROGRAM INCREASED THE CAPACITY OF ALL OF PHILANTHROPY - GRANT-MAKING ENTITIES, COLLECTIVE GIVING MODELS AND DONORS - TO DO THEIR WORK MORE EFFECTIVELY. 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 GRANT MAKING WITH A RACIAL EQUITY LENS BUT IS TAILORED SPECIFICALLY TO GRANT MAKING IN AND FOR BLACK COMMUNITIES. (SEE CONTINUATION ON SCHEDULE O).AS A RESULT, WE HAVE DESIGNED A SET OF DEFINING CHARACTERISTICS OF PHILANTHROPY THAT WE BELIEVE IS MORE LIKELY TO REDUCE GAPS IN RACIAL DISPARITIES FACING BLACKS IN THE UNITED STATES AND ARE LOOKING TO PARTNER WITH GRANT MAKERS AROUND THE COUNTRY TO APPLY THIS FRAMEWORK TO THEIR INVESTMENTS. SOME OF THE ACTIVITIES IN FY 2013 INCLUDED TECHNICAL ASSISTANCE, TRAINING AND PROFESSIONAL DEVELOPMENT, SYSTEM REFORM, COMMUNICATIONS AND RESOURCES. 221890 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 2013, 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." (SEE CONTINUATION ON SCHEDULE O). ANALYZING RACIAL DISPARITY DATA IS ONE WAY TO DISCUSS HOW POLICIES AND PRACTICES IN THIS COUNTRY IMPACT DIFFERENT POPULATION GROUPS. OUR MESSAGE ABOUT RACIAL EQUITY FOLLOWS SUIT: WE AIM TO IMPROVE OUTCOMES FOR ALL PEOPLE, AND TO DO SO WE MUST LOOK AT HOW DIFFERENT GROUPS FARE AND WHAT DRIVES THEIR EXPERIENCES. THE ACTIVITIES INCLUDED RACIAL EQUITY COACHING AND TRAINING. 174857 CONNECTING LEADERS FELLOWSHIP (CLFP) - THE OBJECTIVE OF CLFP IS TO INCREASE THE LEADERSHIP CAPACITY OF FOUNDATION STAFF, DONORS AND TRUSTEES WHO ARE COMMITTED TO ASSISTING BLACK COMMUNITIES. 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. IN 2013, TEN (10) FELLOWS HAD THE OPPORTUNITY TO LEARN FROM SEASONED GRANT MAKERS AND PEERS ON A REGULAR BASIS, TO UNDERSTAND HOW TO BE MORE EFFECTIVE AGENTS FOR CHANGE WITHIN THEIR INSTITUTIONS, AND TO PARTICIPATE IN A NETWORK THAT FOCUSES ON INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES. THE FELLOWSHIP BEGAN WITH A WEEK-LONG LEADERSHIP SUMMIT. IN ADDITION, FELLOWS CONDUCTED A 360-DEGREE EVALUATION AND WERE ASSIGNED A LEADERSHIP COACH. EACH FELLOW WAS REQUIRED TO COMPLETE A COMMUNITY-BASED LEARNING PROJECT DURING THE FELLOWSHIP YEAR. 74642 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. 75688 14370 MEMBERSHIP SERVICES -IN 2013, 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. 71261 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 THE 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. 396448 14370 1176632 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 20 0 7 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 NY IN X X JOSHUA POWERS DIRECTOR OF ADMINIST 6462300309 333 SEVENTH AVENUE 14TH FLOOR NEW YORK NY 10001 MR WILLIAM C BELL PHD CHAIR, TERM ENDED APRIL 2013 1.00 X X 0 0 0 MS TOYA RANDALL CHAIR 1.00 X X 0 0 0 MR GARY L CUNNINGHAM VICE CHAIR 1.00 X X 0 0 0 MS TOWALAME AUSTIN SECRETARY 1.00 X X 0 0 0 MR KENNETH JONES TREASURER 1.00 X X 0 0 0 MS IVYE ALLEN PHD DIRECTOR 1.00 X 0 0 0 MS KAFI D BLUMENFIELD DIRECTOR 1.00 X 0 0 0 MR SAMUEL CARGILE PHD DIRECTOR 1.00 X 0 0 0 MS BITHIAH L CARTER DIRECTOR 1.00 X 0 0 0 MR GRAHAM GRADY 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 MR MARCUS MCGREW DIRECTOR 1.00 X 0 0 0 MS ALVERTHA PENNY 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 153416 0 11180 153416 0 11180 1 0 1 0 SPECIAL GATHERING LLC 503 E 36TH STREET BALTIMORE MD 21218 EVENT PLANNER, BRANDING, AND COMMUNICATI 151341 1 119833 1828056 1947889 PROGRAM & LECTURE FEES 611710 56330 56330 JOBS CORNER REVENUE 541800 14370 14370 70700 2166 2166 OTHER REVENUE 900099 1789 1789 TRAVEL INCOME 900099 1001 1001 2790 2023545 70700 0 4956 X 164596 96545 25990 42061 371138 217694 58603 94841 54457 31943 8598 13916 51748 30353 8171 13224 365 295 66 4 44514 35924 8096 494 497252 400216 90332 6704 30018 17623 4749 7646 52639 42480 9575 584 64410 47019 10950 6441 120112 100551 7239 12322 157326 129204 11789 16333 2734 2734 10901 6394 1721 2786 5902 3462 932 1508 HONORARIA 8200 8200 MEMBERSHIP DUES 7360 4342 1178 1840 REPAIRS & MAINTENANCE 5790 4227 984 579 DIRECT OPERATING EXPENS 271 160 43 68 1649733 1176632 251750 221351 36996 36996 863289 949097 854702 1250233 2972 4110 89762 85847 14816 3915 4700 4700 1777475 2249051 75023 127420 66300 111667 141323 239087 X 365589 388310 1270563 1621654 1636152 2009964 1777475 2249051 373812 0 X X 0 1 X 1 0 X 1049387 735082 2825233 715627 1947889 7273218 1049387 735082 2825233 715627 1947889 7273218 3470066 3803152 6064 4546 3626 2157 2166 18559 3625 2790 6415 7298192 119859 0.52110 0.55470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2012 AMOUNT: $ 3,625. 2013 AMOUNT: $ 1,789. TRAVEL INCOME - 2013 AMOUNT: $ 1,001. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89762 85847 3915 3915 X 2023545 0 2023545 0 2023545 1649733 0 1649733 0 1649733 PART X, LINE 2: THE ASSOCIATION RECOGNIZES THE EFFECT OF TAX PROVISIONS 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. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2010. X X X X X 0 0 0 0 0 0 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 153416 0 0 0 0 0 0 0 11180 0 164596 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 INDIVIDUAL MEMBERS, WITH VOTING PRIVILEGES AT ABFE'S ANNUAL MEETING AND ON OTHER ORGANIZATIONAL MATTERS, HAVE AN IMPACT ON ABFE'S DIRECTION AND ULTIMATELY AN IMPACT ON BLACK COMMUNITIES. THEY HAVE NOMINATING PRIVILEGES TO THE ELECTION OF ABFE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B 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, INCLUDING INSTITUTIONAL AND INDIVIDUAL MEMBERS IN GOOD STANDING. MEANWHILE, THE AMENDMENT OF THE ORGANIZATIONS BY-LAWS IS TO APPROVAL BY THE BOARD OF DIRECTORS. 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 FEEDBACKS ARE 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 OF THE 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 2012. 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. MEANWHILE, CHANGES TO SALARY STRUCTURE ARE PRESENTED 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 312,145. MANAGEMENT AND GENERAL EXPENSES 70,348. FUNDRAISING EXPENSES 4,292. TOTAL EXPENSES 386,785. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 2,927. MANAGEMENT AND GENERAL EXPENSES 795. FUNDRAISING EXPENSES 1,241. TOTAL EXPENSES 4,963. MARKETING CONSULTING FEES: PROGRAM SERVICE EXPENSES 77,325. MANAGEMENT AND GENERAL EXPENSES 17,427. FUNDRAISING EXPENSES 1,063. TOTAL EXPENSES 95,815. CAMPAIGN CONSULTING FEES: PROGRAM SERVICE EXPENSES 7,819. MANAGEMENT AND GENERAL EXPENSES 1,762. FUNDRAISING EXPENSES 108. TOTAL EXPENSES 9,689. 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.