Form 990 for tax year 2022
Filed by PUBLIC INTEREST FELLOWSHIP FOUNDATION.
What the amendment changed
Compared with the return it replaced , filed 17 July 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $3,018,360 changed to $6,164,016
- Total expenses
- $2,471,064 changed to $3,488,957
- Contributions and grants received
- $3,015,000 changed to $6,153,700
- Grants paid
- $333,575 changed to $607,967
- Other revenue
- $3,360 changed to $10,316
- Total assets, end of year
- $777,680 changed to $3,621,242
- Total liabilities, end of year
- $14,222 changed to $182,725
- Net assets or fund balances, end of year
- $763,458 changed to $3,438,517
- Program services expenses
- $2,420,712 changed to $3,414,157
- Management and general expenses
- $50,352 changed to $74,800
- Program service expenses (Part III)
- $2,420,712 changed to $3,414,157
Listed under a different title
- Garrett ExnerGARRETT EXNER: PRESIDENT, ED (AS OF 03/22) then EXECUTIVE DIRECTOR (AS OF 03/22/22)
- Harry Z CohenHARRY Z COHEN: DIRECTOR, PRESIDENT (UNTIL 03/15/22) then PRESIDENT (UNTIL 03/15/22)
Totals
- Total revenue
- $6,164,016
- Total expenses
- $3,488,957
- Contributions and grants received
- $6,153,700
- Grants paid
- $607,967
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $10,316
- Total assets, end of year
- $3,621,242
- Total liabilities, end of year
- $182,725
- Net assets or fund balances, end of year
- $3,438,517
- Program services expenses (Part IX)
- $3,414,157
- Management and general expenses
- $74,800
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,414,157
Program services were 97.9% 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.
-
1f · All other contributions, gifts and grants
$6,153,700
-
11a · Other revenue: OTHER INCOME
total $7,254 · related or exempt $7,254
-
11b · Other revenue: CREDIT CARD REWARDS
total $3,062 · related or exempt $3,062
-
11e · Other revenue, total
$10,316
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $607,967 · program services $607,967
-
5 · Compensation of officers, directors and key employees
total $139,392 · program services $134,235 · management and general $5,157
-
7 · Other salaries and wages
total $281,262 · program services $270,180 · management and general $11,082
-
9 · Other employee benefits
total $46,703 · program services $45,749 · management and general $954
-
10 · Payroll taxes
total $73,436 · program services $70,499 · management and general $2,937
-
11c · Fees: accounting
total $78,535 · program services $78,535
-
11g · Fees: other
total $999,452 · program services $999,169 · management and general $283
-
13 · Office expenses
total $49,824 · program services $29,118 · management and general $20,706
-
14 · Information technology
total $24,360 · program services $24,360
-
16 · Occupancy
total $48,950 · program services $39,160 · management and general $9,790
-
17 · Travel
total $868,390 · program services $853,826 · management and general $14,564
-
19 · Conferences, conventions and meetings
total $258,947 · program services $251,964 · management and general $6,983
-
23 · Insurance
total $11,739 · program services $9,395 · management and general $2,344
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $732,278 · end of year $3,607,540
-
4 · Accounts receivable
beginning of year $35 · end of year $10,208
-
9 · Prepaid expenses and deferred charges
beginning of year $45,367 · end of year $3,494
-
17 · Accounts payable and accrued expenses
beginning of year $14,222 · end of year $182,725
-
27 · Net assets without donor restrictions
beginning of year $763,458 · end of year $3,393,108
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $45,409
Mission and programs · 2022
Mission
THE PUBLIC INTEREST FELLOWSHIP FOUNDATION ("TPIFF") DRAWS ON THE LEGACY OF THAT GREAT JOURNAL OF IDEAS AND POLICY FOUNDED BY DANIEL BELL AND IRVING KRISTOL. THIS LEGACY NOURISHED GENERATIONS OF INDIVIDUALS DEDICATED TO MEETING THE MORAL AND CULTURAL CHALLENGES OF THE DAY THROUGH THE RIGOROUS STUDY OF CONTEMPORARY AMERICA AND RECLAIMING OF THE ENDURING PRINCIPLES OF THE AMERICAN CONSTITUTIONAL TRADITION. CONCEIVED IN THAT SPIRIT, TPIFF PROVIDES EXCEPTIONAL YOUNG MEN AND WOMEN WITH PROFESSIONAL LEARNING OPPORTUNITIES AND A CONTINUING EDUCATION IN THE TRADITION OF FREEDOM. THE UNIQUE COMBINATION OF WORK AND STUDY IS DESIGNED TO ADVANCE A FELLOW'S PURSUIT OF CAREERS DEVOTED TO ENRICHING THE CULTURAL LIFE OF THE UNITED STATES.
-
RETREATS - TPIFF HOSTED THREE RETREATS THAT COVERED PRINCIPLES AND PRACTICE RELATED TO CRITICAL POLICY ISSUES.
Expenses $1,857,221 · Grants $323,431
-
SEMINARS - FELLOWS STUDIED POLITICAL PHILOSOPHY, POLICY, AND HISTORY. EACH WEEK OF THE PROGRAM, THEY WERE REQUIRED TO PRODUCE WEEKLY WRITTEN RESPONSES, TO ENGAGE IN CLOSE TEXT STUDY, AND TO DEBATE WITH EACH OTHER.
Expenses $828,263 · Grants $129,627
-
PUBLICATIONS - THE FELLOWS WORKED FULL-TIME WITH PUBLICATIONS, THINK-TANKS, AND OBJECTIVE NON-PARTISAN POLICY FIRMS OVER THE COURSE OF A YEAR.
Expenses $728,673 · Grants $154,909
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eliana JohnsonELIANA JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Harry Z CohenHARRY Z COHEN
PRESIDENT (UNTIL 03/15/22)
- Total calculated
- $0
- Hours/week
- 5
-
Peter BerkowitzPETER BERKOWITZ
DIRECTOR, VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Aaron MacLeanAARON MACLEAN
DIRECTOR, TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Jay KramerJAY KRAMER
DIRECTOR, SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Garrett ExnerGARRETT EXNER
EXECUTIVE DIRECTOR (AS OF 03/22/22)
- Total calculated
- $131,392
- From this org
- $112,000
- From related orgs
- $0
- Other
- $19,392
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401979349302235
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