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Nonprofiteer
← PEACE DEVELOPMENT FUND INC

Form 990 for tax year 2024

Filed by PEACE DEVELOPMENT FUND INC.

Totals

Total revenue
$12,311,263
Total expenses
$3,086,768
Contributions and grants received
$12,173,403
Grants paid
$2,339,110
Program service revenue
$0
Investment income
$131,639
Other revenue
$6,221
Total assets, end of year
$10,819,884
Total liabilities, end of year
$197,489
Net assets or fund balances, end of year
$10,622,395
Program services expenses (Part IX)
$2,793,169
Management and general expenses
$186,310
Fundraising expenses
$107,289
Program service expenses (Part III)
$2,793,169

Program services were 90.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $33,262

  • 1f · All other contributions, gifts and grants

    $12,140,141

  • 1g · Noncash contributions included above

    $3,268,611

  • 3 · Investment income

    total $129,401 · excluded $129,401

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $4,200

  • 6c · Rental income or loss

    real property $4,200

  • 6d · Net rental income or loss

    total $4,200 · related or exempt $4,200

  • 7a · Gross sales of assets other than inventory

    securities $10,086,592

  • 7b · Less cost or other basis and sales expenses

    securities $10,084,354

  • 7c · Gain or loss

    securities $2,238

  • 7d · Net gain or loss

    total $2,238 · related or exempt $2,238

  • 8a · Fundraising events: gross income

    $1,863

  • 8a · Fundraising events: contributions included on line 1c

    $33,262

  • 8b · Fundraising events: direct expenses

    $2,479

  • 8c · Net income from fundraising events

    total -$616

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Miscellaneous

    total $2,637 · excluded $2,637

  • 11e · Other revenue, total

    $2,637

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,305,610 · program services $2,305,610

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $33,500 · program services $33,500

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $79,582 · program services $63,666 · management and general $7,958 · fundraising $7,958

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $347,934 · program services $241,171 · management and general $50,327 · fundraising $56,436

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $67,877 · program services $45,478 · management and general $11,539 · fundraising $10,860

  • 10 · Payroll taxes

    total $37,002 · program services $26,352 · management and general $5,070 · fundraising $5,580

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $1,440 · program services $1,380 · management and general $60

  • 11c · Fees: accounting

    total $24,401 · management and general $24,401

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $4,773 · program services $2,601 · management and general $2,172

  • 11g · Fees: other

    total $23,413 · program services $13,253 · management and general $9,974 · fundraising $186

  • 12 · Advertising and promotion

    total $23,976 · program services $5,537 · management and general $11,773 · fundraising $6,666

  • 13 · Office expenses

    total $52,998 · program services $18,323 · management and general $20,895 · fundraising $13,780

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $23,340 · program services $15,638 · management and general $3,968 · fundraising $3,734

  • 17 · Travel

    total $28,793 · program services $7,401 · management and general $21,277 · fundraising $115

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $9,193 · program services $4,995 · management and general $4,198

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $12,335 · program services $8,264 · management and general $2,097 · fundraising $1,974

  • 23 · Insurance

    total $10,601 · management and general $10,601

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $939,112 · end of year $610,130

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $3,581

  • 4 · Accounts receivable

    beginning of year $5,468 · end of year $7,348

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $3,250

  • 10a · Land, buildings and equipment: cost or other basis

    $400,061

  • 10b · Land, buildings and equipment: accumulated depreciation

    $265,002

  • 10c · Land, buildings and equipment, net

    beginning of year $147,394 · end of year $135,059

  • 11 · Investments: publicly traded securities

    beginning of year $405,916 · end of year $10,060,516

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,103 · end of year $197,489

  • 27 · Net assets without donor restrictions

    beginning of year $759,914 · end of year $531,134

  • 28 · Net assets with donor restrictions

    beginning of year $728,873 · end of year $10,091,261

Mission and programs · 2024

Mission

Promotion of Peace and Social Justice. Peace Development Fund is a public Foundation that partners with community based organizations and social justice movements to provide grants, training and educational resources, working with donors and grantees to build a peaceful world.

  • Our model of philanthropy moves resources from our supporters to communities on the frontlines of change. We invest in transformative organizing that builds marginalized communities to shift power. Grantmaking: We harness financial resources for social justice and human rights organizations that build grassroots power. We have three grant programs that are community-led under the umbrella of our Community Organizing Grants Program. Our Philanthropic Partnerships allow donors to direct resources through donor advised funds to where they are needed most to take advantage of PDFs expertise and connections to grassroots organizations. Our Capacity building programs provide training and fiscal sponsorship support to grassroots organizations giving them the administrative support they need to grow and thrive.

    Expenses $2,793,169 · Grants $2,339,110

As filed on the 2024 return.

Listed in Part VII

  • Lora Wondolowski

    Interim Ex Dir

    Total calculated
    $124,349
    From this org
    $101,494
    From related orgs
    $0
    Other
    $22,855
    Hours/week
    50
  • Allistair Mallillin

    Executive Dir.

    Total calculated
    $16,266
    From this org
    $15,999
    From related orgs
    $0
    Other
    $267
    Hours/week
    50
  • Yi Chun Tricia Lin

    Director

    Total calculated
    $0
    Hours/week
    1
  • Daniel Schreck

    Director

    Total calculated
    $0
    Hours/week
    1
  • Donte Smith

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Dr Dana Powell

    Director

    Total calculated
    $0
    Hours/week
    1
  • Earl Tulley

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Tina Reynolds

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Teresa Juarez

    President

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • fiscal sponsorship

  • KY Wildflower Collective

    $189,625

    Fiscal sponsorship support

  • Peoples Justice Project Grou

    $180,875

    fiscal sponsorship

  • Heart and Hand Fund

    $129,497

    fiscal sponsorship

  • Friends of Taghyeer Movemen

    $121,624

    fiscal sponsorship

  • GENERAL SUPPORT

  • Beloved Economies

    $80,706

    fiscal sponsorship

  • The Vow from Hiroshima

    $80,475

    fiscal sponsorship

  • The Black Sex Worker Collecti

    $73,183

    fiscal sponsorship

  • DecrimSex Work CA

    $71,225

    fiscal sponsorship

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.2
Source object
202611349349313376

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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