Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $7,507,549

• 3 · Investment income

  total $407,858 · excluded $407,858

• 7a · Gross sales of assets other than inventory

  securities $2,793,024

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

  securities $2,877,770

• 7c · Gain or loss

  securities -$84,746

• 7d · Net gain or loss

  total -$84,746 · excluded -$84,746

• 11a · Other revenue: MISCELLANEOUS

  total $178,143 · excluded $178,143

• 11e · Other revenue, total

  $178,143

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,981,389 · program services $1,981,389

• 7 · Other salaries and wages

  total $1,029,948 · program services $1,029,948

• 11b · Fees: legal

  total $17,828 · management and general $17,828

• 11g · Fees: other

  total $343,093 · program services $198,159 · management and general $113,955 · fundraising $30,979

• 12 · Advertising and promotion

  total $2,016 · fundraising $2,016

• 13 · Office expenses

  total $15,124 · program services $13,033 · management and general $867 · fundraising $1,224

• 16 · Occupancy

  total $33,531 · program services $11,185 · fundraising $22,346

• 17 · Travel

  total $45,122 · program services $44,549 · fundraising $573

• 19 · Conferences, conventions and meetings

  total $12,023 · program services $7,816 · management and general $4,207

• 23 · Insurance

  total $2,570 · management and general $2,561 · fundraising $9

• 24a · Other expenses: MISCELLANEOUS

  total $222,219 · program services $27,430 · management and general $188,959 · fundraising $5,830

• 24b · Other expenses: CATERING AND ENTERTAINM

  total $130,067 · program services $61,788 · management and general $1,654 · fundraising $66,625

• 24c · Other expenses: MEMBERSHIPS, SUBSCRIPTI

  total $59,495 · program services $21,631 · management and general $37,864

• 24d · Other expenses: PRINTING

  total $21,626 · program services $811 · management and general $524 · fundraising $20,291

• 24e · All other expenses

  total $11,278 · program services $3,853 · management and general $139 · fundraising $7,286

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,448,771 · end of year $1,583,603

• 2 · Savings and temporary cash investments

  beginning of year $1,811,265 · end of year $5,477,667

• 3 · Pledges and grants receivable

  beginning of year $3,625,606 · end of year $3,454,228

• 4 · Accounts receivable

  beginning of year $4,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,582 · end of year $2,389

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

  $37,560

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

  $37,560

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $15,277,376 · end of year $16,980,752

• 17 · Accounts payable and accrued expenses

  beginning of year $486,517 · end of year $239,767

• 27 · Net assets without donor restrictions

  beginning of year $4,910,513 · end of year $7,801,460

• 28 · Net assets with donor restrictions

  beginning of year $16,772,570 · end of year $19,457,412

The filer's explanations (Part III)

FORM 990, PART VII, SECTION A, LINE 5:

KETURA PARKER SERVES AS EXECUTIVE DIRECTOR OF THE FOUNDATION; HER COMPENSATION IS PAID BY JOHN JAY COLLEGE. ANNUAL SALARY IS $192,438. THIS COMPENSATION IS INCLUDED IN CONTRIBUTED NON-FINANCIAL ASSETS ON THE FINANCIAL STATEMENTS.