Skip to content
Nonprofiteer
← COMMUNITY FOUNDATION FOR GREATER BUFFALO INC

Form 990 for tax year 2023

Filed by COMMUNITY FOUNDATION FOR GREATER BUFFALO INC.

Totals

Total revenue
$54,971,299
Total expenses
$41,559,311
Contributions and grants received
$43,415,408
Grants paid
$33,824,220
Program service revenue
$0
Investment income
$10,070,619
Other revenue
$1,485,272
Total assets, end of year
$880,132,334
Total liabilities, end of year
$186,181,889
Net assets or fund balances, end of year
$693,950,445
Program services expenses (Part IX)
$38,194,076
Management and general expenses
$3,118,450
Fundraising expenses
$246,785
Program service expenses (Part III)
$38,194,076

Program services were 91.9% 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.

  • 1e · Government grants (contributions)

    $583,662

  • 1f · All other contributions, gifts and grants

    $42,831,746

  • 1g · Noncash contributions included above

    $3,428,854

  • 3 · Investment income

    total $4,549,869 · excluded $4,549,869

  • 7a · Gross sales of assets other than inventory

    securities $36,882,208

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

    securities $31,361,458

  • 7c · Gain or loss

    securities $5,520,750

  • 7d · Net gain or loss

    total $5,520,750 · excluded $5,520,750

  • 11a · Other revenue: OTHER INCOME

    total $936,918 · related or exempt $936,918

  • 11b · Other revenue: PASS THROUGH PARTNERSHIP K-1

    total $548,354 · unrelated business $548,354

  • 11e · Other revenue, total

    $1,485,272

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,853,274 · program services $27,853,274

  • 2 · Grants to domestic individuals

    total $5,970,946 · program services $5,970,946

  • 5 · Compensation of officers, directors and key employees

    total $695,162 · program services $334,044 · management and general $332,892 · fundraising $28,226

  • 7 · Other salaries and wages

    total $3,165,482 · program services $1,812,245 · management and general $1,280,519 · fundraising $72,718

  • 8 · Pension plan contributions

    total $170,181 · program services $109,876 · management and general $57,275 · fundraising $3,030

  • 9 · Other employee benefits

    total $164,984 · program services $101,129 · management and general $59,725 · fundraising $4,130

  • 10 · Payroll taxes

    total $282,579 · program services $158,122 · management and general $117,629 · fundraising $6,828

  • 11a · Fees: management

    total $47,240 · program services $28,826 · management and general $17,523 · fundraising $891

  • 11b · Fees: legal

    total $72,559 · program services $24,177 · management and general $44,780 · fundraising $3,602

  • 11c · Fees: accounting

    total $58,099 · management and general $58,099

  • 11g · Fees: other

    total $1,729,994 · program services $1,299,293 · management and general $361,224 · fundraising $69,477

  • 12 · Advertising and promotion

    total $201,283 · program services $48,767 · management and general $110,985 · fundraising $41,531

  • 13 · Office expenses

    total $175,922 · program services $81,152 · management and general $91,363 · fundraising $3,407

  • 14 · Information technology

    total $285,548 · program services $32,035 · management and general $253,513

  • 16 · Occupancy

    total $289,630 · program services $180,625 · management and general $102,537 · fundraising $6,468

  • 19 · Conferences, conventions and meetings

    total $157,497 · program services $65,796 · management and general $88,636 · fundraising $3,065

  • 22 · Depreciation, depletion and amortization

    total $98,978 · management and general $98,978

  • 23 · Insurance

    total $57,129 · program services $28,779 · management and general $27,200 · fundraising $1,150

  • 24a · Other expenses: OTHER EXPENSES

    total $42,185 · program services $33,138 · management and general $8,407 · fundraising $640

  • 24b · Other expenses: COMMUNITY ENGAGEMENT

    total $40,639 · program services $31,852 · management and general $7,165 · fundraising $1,622

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $40,850,577 · end of year $36,356,288

  • 3 · Pledges and grants receivable

    beginning of year $61,704,852 · end of year $62,511,283

  • 9 · Prepaid expenses and deferred charges

    beginning of year $516,815 · end of year $658,142

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

    $1,771,690

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

    $1,312,626

  • 10c · Land, buildings and equipment, net

    beginning of year $527,309 · end of year $459,064

  • 11 · Investments: publicly traded securities

    beginning of year $136,404,691 · end of year $209,639,457

  • 12 · Investments: other securities

    beginning of year $493,316,794 · end of year $525,235,613

  • 15 · Other assets

    beginning of year $39,317,215 · end of year $45,272,487

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,243,563 · end of year $1,211,063

  • 18 · Grants payable

    beginning of year $1,551,647 · end of year $1,125,606

  • 19 · Deferred revenue

    beginning of year $14,426,793 · end of year $16,234,321

  • 25 · Other liabilities

    beginning of year $135,530,027 · end of year $167,610,899

  • 27 · Net assets without donor restrictions

    beginning of year $168,295,976 · end of year $181,070,545

  • 28 · Net assets with donor restrictions

    beginning of year $451,590,247 · end of year $512,879,900

Mission and programs · 2023

Mission

THE MISSION OF THE FOUNDATION IS CONNECTING PEOPLE, IDEAS AND RESOURCES TO IMPROVE LIVES IN WESTERN NEW YORK. THE FOUNDATION IS A PUBLIC CHARITY DEDICATED TO HELPING CLIENTS/DONORS MAKE THE MOST OF THEIR GENEROSITY. THE FOUNDATION MANAGES ENDOWED AND NON-ENDOWED FUNDS FOR INDIVIDUALS, FAMILIES AND ORGANIZATIONS AND IS CURRENTLY HOME TO OVER 1,100 NAMED FUNDS. CLIENTS/DONORS CHOOSE TO WORK WITH THE FOUNDATION BECAUSE OF THE FLEXIBILITY IT PROVIDES THEM WHEN ADVISING THEIR GIFTS, ITS SOUND MANAGEMENT OF CHARITABLE ASSETS AND ITS DEEP KNOWLEDGE OF COMMUNITY NEEDS AND GRANTMAKING. THE FOUNDATION ALSO ACTS AS A COMMUNITY LEADER AND CONVENER TO ADDRESS SPECIFIC NEEDS IN OUR REGION. THESE EFFORTS HAVE RESULTED IN SIGNIFICANT IMPROVEMENTS IN EDUCATIONAL ACHIEVEMENT, INCREASING RACIAL/ETHNIC EQUITY, IMPROVING OUR NATURAL ENVIRONMENT, CATALYZING URBAN REVITALIZATION AND STRENGTHENING THE CULTURAL ORGANIZATIONS THAT ANCHOR OUR COMMUNITY.

Activities or mission (Part I)

OUR VISION IS A VIBRANT AND EQUITABLE GREATER BUFFALO REGION WHERE EVERY INDIVIDUAL THRIVES.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $5,876,651 · Grants $5,081,738

  • SAY YES BUFFALO (SYB): THE SAY YES BUFFALO INITIATIVE IS AN EDUCATION-BASED, ECONOMIC REVITALIZATION EFFORT DESIGNED TO STRENGTHEN THE REGIONAL WORKFORCE AND OFFER UNPRECEDENTED EDUCATIONAL OPPORTUNITY TO URBAN YOUTH. THE COMMUNITY FOUNDATION SUPPORTS AND ADMINISTERS THE SAY YES BUFFALO SCHOLARSHIP FUND WHICH SEEKS TO REMOVE ALL BARRIERS TO EDUCATIONAL SUCCESS THROUGH A COORDINATED SYSTEM OF SUPPORTS AND BY PROVIDING SCHOLARSHIPS FOR ALL GRADUATES OF BUFFALO PUBLIC AND CHARTER SCHOOLS TO PURSUE A POST-SECONDARY EDUCATION. IN ADDITION TO ADMINISTERING THE SCHOLARSHIP FUND, THE COMMUNITY FOUNDATION HAS ALSO MADE GRANTS TO SUPPORT VARIOUS INITIATIVES SPEARHEADED BY SAY YES BUFFALO IN ITS MISSION TO ADDRESS THE FINANCIAL, ACADEMIC, HEALTH AND SOCIAL/EMOTIONAL BARRIERS TO EDUCATIONAL ACHIEVEMENT.

    Expenses $3,840,575 · Grants $3,840,575

  • WNY COVID-19 COMMUNITY RESPONSE FUND: IN 2020, THE COMMUNITY FOUNDATION, ALONG WITH OTHER KEY FUNDERS IN WESTERN NEW YORK, LED AN EFFORT TO BRING TOGETHER THE ENTIRE FUNDING COMMUNITY TO STAGE A COORDINATED AND REGIONAL PHILANTHROPIC RESPONSE TO THE COVID-19 PANDEMIC. AFTER THE IMMEDIATE RESPONSE, THE FUND DECIDED TO EXPAND ITS RESPONSE AND LOOK TOWARD LONGER-TERM RECOVERY BY INVITING STAKEHOLDERS TO STRENGTHEN KEY SYSTEMS THROUGH NEW SOLUTIONS. THIS EFFORT IS CALLED MOVING FORWARD TOGETHER (MFT). DURING 2023, APPROXIMATELY $1.3 MILLION WAS GRANTED TO SUPPORT COLLABORATIVE WORK THROUGH FIVE MFT EFFORTS: CONNECTING FOODS SYSTEMS, DEVELOPING PUBLIC POLICY, SOURCING PERSONAL PROTECTIVE EQUIPMENT, ACHIEVING DIGITAL EQUITY AND INCLUDING AND A REQUEST FOR IDEAS PROCESS TO SURFACE SOLUTIONS FROM NONPROFIT LEADERS TO ADDRESS CHALLENGES OUR COMMUNITY IS FACING.

    Expenses $1,351,828 · Grants $1,340,356

  • EXPENSES: $ 1,135,367 GRANTS: $ 476,292RACIAL EQUITY INITIATIVES: THE COMMUNITY FOUNDATION LAUNCHED THE RACIAL EQUITY ROUNDTABLE IN 2015 TO ENGAGE COMMUNITY PARTNERS FROM THE PUBLIC, PRIVATE AND NONPROFIT SECTORS IN DEVELOPING AND IMPLEMENTING A PLAN FOR ADVANCING RACIAL EQUITY AS WELL AS A COMMON FACT BASE ON RACIAL EQUITY INDICATORS. THE RACIAL EQUITY ROUNDTABLE HAS ENGAGED MORE THAN 250 ORGANIZATIONAL PARTNERS ARRAYED ACROSS TEN INITIATIVES FOCUSED ON SYSTEMS CHANGE. AN IN-DEPTH RESEARCH REPORT, "THE RACIAL EQUITY DIVIDEND: BUFFALO'S GREATEST OPPORTUNITY" ROOTS THIS BODY OF WORK IN DATA. THESE INITIATIVES ARE ADDRESSING A SHARED UNDERSTANDING AND LANGUAGE AROUND RACIAL EQUITY, NARRATIVE CHANGE; RACIAL EQUITY AND IMPACT ANALYSIS TRAINING; RACIAL HEALING CIRCLES; INCLUSIVE ECONOMY WORKPLACE, WORKFORCE AND YOUTH EMPLOYMENT; EDUCATION WITH A FOCUS ON BOYS AND YOUNG MEN OF COLOR; JUVENILE JUSTICE; AND THE REENTRY SYSTEM IN ERIE COUNTY. THE ROUNDTABLE HAS A GOAL OF BUILDING AN EXPANDED, INCLUSIVE ECONOMY. EXPENSES: $ 160,183 GRANTS: $ 87,611COMMUNITIES OF GIVING LEGACY INITIATIVE (CGLI): THE COMMUNITIES OF GIVING LEGACY INITIATIVE (CGLI), RECOGNIZES THE IMPORTANCE OF ENDOWMENT-BUILDING AS A SUSTAINABLE MEANS OF INSPIRING PHILANTHROPY FOR AND WITHIN COMMUNITIES OF COLOR. CGLI AIMS TO CREATE A LEGACY OF SUCCESS THAT WILL ENCOURAGE COLLECTIVE GIVING TO SUPPORT POSITIVE CHANGE IN THE LIVES OF YOUTH OF COLOR LIVING IN LOW-INCOME COMMUNITIES. ESTABLISHED IN 2008; THE MISSION OF THE CGLI IS TO CULTIVATE POSITIVE CHANGE IN THE LIVES OF TRAILBLAZING YOUTH OF COLOR LIVING IN WESTERN NEW YORK. CGLI ACCOMPLISHES THIS MISSION VIA ENDOWMENT BUILDING, ENGAGING STRATEGIC PARTNERS, AND INTENTIONAL COMMUNITY CONNECTIONS. CAPACITY-BUILDING EFFORTS HAVE BEEN ESTABLISHED BY THE CGLI TO HELP EMPOWER AND ADVANCE THE WORK OF SEVERAL ORGANIZATIONS AND INDIVIDUALS WHO PROVIDE SUPPORT TO ENRICH THE LIVES OF YOUTH OF COLOR.EXPENSES: $ 351,469 GRANTS: $ 219,811LEAD POISONING PREVENTION: THE COMMUNITY FOUNDATION HAS BEEN WORKING ON THE ISSUE OF LEAD POISONING AND ITS PREVENTION FOR SEVERAL YEARS. IN 2018 THE FOUNDATION RELEASED A COMMUNITY LEAD ACTION PLAN, THAT IDENTIFIED WHERE MOST LEAD POISONING OCCURS LOCALLY. THE BUFFALO AND ERIE COUNTY LEAD SAFE TASK FORCE MANAGES THE RECOMMENDATIONS AND MONITORS THE PROGRESS GOING FORWARD. MAJOR PRIORITIES INCLUDE PASSING LEGISLATION REQUIRING INSPECTIONS OF RENTAL SINGLES AND DOUBLES, IMPROVING EDUCATION AND RESOURCES FOR LANDLORDS TO REMEDIATE THEIR PROPERTIES, AND ENABLING TENANTS AND FAMILIES TO PROTECT THEIR CHILDREN FROM LEAD POISONING.THE FOUNDATION HAS ALSO BEEN PART OF THE BUFFALO GREEN AND HEALTHY HOMES INITIATIVE WHICH PROVIDES WEATHERIZATION, LEAD REMEDIATION, AND OTHER HOME HEALTH AND SAFETY INTERVENTIONS IN HOMES OF LOW-INCOME FAMILIES. SINCE INCEPTION, MORE THAN 563 FAMILIES HAVE RECEIVED INTERVENTIONS FOR THEIR HOMES. WHICH PROVIDES ECONOMIC BENEFIT TO FAMILIES IN THE FORM OF COST SAVINGS AND PRODUCES MORE STABLE NEIGHBORHOODS BY INCREASING THE QUALITY OF HOUSING STOCK.EXPENSES: $ 753,460 GRANTS: $ 335,851BUFFALO TOGETHER COMMUNITY RESPONSE FUND: AS A RESPONSE TO A RACIALLY MOTIVATED MASS SHOOTING IN BUFFALO IN MAY 2022, THE COMMUNITY FOUNDATION JOINED WITH OTHER LOCAL FUNDERS TO ESTABLISH THE BUFFALO TOGETHER COMMUNITY RESPONSE FUND. THE FIRST PRIORITY OF THE FUND WAS TO PROVIDE SUPPORT FOR ORGANIZATIONS WORKING IN THE NEIGHBORHOOD IMPACTED BY THE TRAGEDY TO ENABLE THEM TO RESPOND IMMEDIATELY TO CRITICAL NEEDS. THE FOCUS OF THE FUND HAS SHIFTED TO ADDRESS CONDITIONS RESULTING FROM LONG-STANDING STRUCTURAL RACISM AND LACK OF INVESTMENT IN COMMUNITIES OF COLOR. A STEERING COMMITTEE HAS BEEN APPOINTED TO DEVELOP A PLAN OF ACTION TO ADDRESS CRITICAL ISSUES THAT PROLONG RACIAL INEQUITIES. OTHER PROGRAMS IN ADDITION TO THE PROGRAMS ALREADY LISTED, THE COMMUNITY FOUNDATION OPERATES SEVERAL OTHER PROGRAMS INCLUDING, BUT NOT LIMITED TO DESIGNATED FUNDS AND DONOR ADVISED FUNDS AS DESCRIBED BELOW: DESIGNATED FUNDS: THE COMMUNITY FOUNDATION ADMINISTERS MANY FUNDS THAT MAKE GRANTS TO CHARITABLE ORGANIZATIONS THAT ARE SPECIFICALLY IDENTIFIED IN THE ORIGINATING FUND DOCUMENTS. GENERALLY, THE ORGANIZATIONS RECEIVING THESE GRANTS REMAIN THE SAME FROM YEAR-TO-YEAR. IN 2023, GRANTS TOTALING $7.0 MILLION WERE AWARDED FROM THESE FUNDS.DONOR/CLIENT DIRECTED FUNDS: THE CLIENT/DONOR ASSOCIATED WITH EACH OF THESE FUNDS MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS OF THE COMMUNITY FOUNDATION REQUESTING GRANTS TO ONE OR MORE CHARITABLE ORGANIZATIONS. THE RECIPIENTS OF THESE GRANTS MAY VARY FROM YEAR-TO-YEAR. IN 2023, GRANTS TOTALING $16.5 MILLION WERE AWARDED FROM THESE FUNDS.

    Expenses $27,125,022 · Grants $23,561,551

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • HON ROSE SCONIERS

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • STEVE FINCH

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • ALEX MONTANTE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • LARRY FRANCO

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • CHERYL JANKOWSKI

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • JEFFREY H KATZ ESQ

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • JENNIFER BALBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • DAVID BLESY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • NANCY WARE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • BONI R DURAND PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • DOTTIE GALLAGHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • ALLEN PETE GRUM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • HAL D PAYNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • AMY HABIB RITTLING ESQ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • LUIS RODRIGUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • JOHN F SOMERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • ALICE JACOBS JD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • OWEN HERNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • MELISSA BAUMGART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • DR TAMARA ALSACE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • ELIZABETH CONSTANTINE

    PRESIDENT/CEO

    Total calculated
    $409,645
    From this org
    $355,000
    From related orgs
    $0
    Other
    $54,645
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $280,000
    Bonus
    $75,000
    Other
    $0
    Deferred
    $44,900
    Nontaxable benefits
    $9,745
    Filer's total
    $409,645
  • ELLEN MUSIALOWSKI

    CFO

    Total calculated
    $14,025
    From this org
    $14,022
    From related orgs
    $0
    Other
    $3
    Hours/week
    55
  • CARA MATTELIANO

    SENIOR DIRECTOR, POLICY AN

    Total calculated
    $174,244
    From this org
    $161,183
    From related orgs
    $0
    Other
    $13,061
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $143,183
    Bonus
    $18,000
    Other
    $0
    Deferred
    $11,505
    Nontaxable benefits
    $1,556
    Filer's total
    $174,244
  • JEAN MCKEOWN

    SPECIAL ADVISOR TO PRESIDENT/CEO

    Total calculated
    $217,970
    From this org
    $196,751
    From related orgs
    $0
    Other
    $21,219
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $175,751
    Bonus
    $21,000
    Other
    $0
    Deferred
    $14,110
    Nontaxable benefits
    $7,109
    Filer's total
    $217,970
  • MARIA WHYTE

    CHIEF COMMUNITY IMPACT OFFICER

    Total calculated
    $271,491
    From this org
    $241,000
    From related orgs
    $0
    Other
    $30,491
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $210,000
    Bonus
    $31,000
    Other
    $0
    Deferred
    $21,100
    Nontaxable benefits
    $9,391
    Filer's total
    $271,491
  • MYRA LAWRENCE

    V.P. FINANCE

    Total calculated
    $229,896
    From this org
    $198,520
    From related orgs
    $0
    Other
    $31,376
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $165,520
    Bonus
    $33,000
    Other
    $0
    Deferred
    $23,223
    Nontaxable benefits
    $8,153
    Filer's total
    $229,896
  • FELICIA BEARD

    ASSOCIATE VICE PRESIDENT, RACIAL EQUITY INITIATIVE

    Total calculated
    $183,941
    From this org
    $165,750
    From related orgs
    $0
    Other
    $18,191
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $141,750
    Bonus
    $24,000
    Other
    $0
    Deferred
    $11,390
    Nontaxable benefits
    $6,801
    Filer's total
    $183,941

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7:
EACH YEAR, THE PERFORMANCE OF THE OFFICERS AND EMPLOYEES IS EVALUATED BASED ON ACCOMPLISHMENTS RELATIVE TO EACH INDIVIDUAL'S APPROVED ANNUAL OBJECTIVES AND OTHER COMPENSATION FACTORS (AS DESCRIBED ON SCHEDULE O FOR PART VI, SECTION B, LINE 15). THE BOARD OF DIRECTORS EVALUATES THE PRESIDENT/CEO BY HAVING EACH BOARD MEMBER SUBMIT AN EVALUATION ON THE PRESIDENT/CEO'S PERFORMANCE TO THE FOUNDATION'S EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE THEN REVIEWS THESE EVALUATIONS, RECEIVES COMPENSATION BENCHMARKS, AND MAKES RECOMMENDATIONS TO THE BOARD ON THE COMPENSATION OF THE PRESIDENT/CEO. THE BOARD MEETS IN EXECUTIVE SESSION TO REVIEW THE RECOMMENDATIONS, FINALIZE THE OVERALL EVALUATION AND DETERMINE THE ANNUAL COMPENSATION OF THE PRESIDENT/CEO INCLUDING ANY NON-FIXED PAYMENT THAT MAY BE MADE. THE PRESIDENT/CEO EVALUATES THE PERFORMANCE OF THE MEMBERS OF THE SENIOR MANAGEMENT TEAM AND DETERMINES ANNUAL COMPENSATION INCLUDING ANY NON-FIXED PAYMENT THAT MAY BE MADE TO THOSE INDIVIDUALS. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE COMPENSATION FOR THE SENIOR MANAGEMENT TEAM.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443199349309339

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

The source document this was parsed from is served over the API, which is where bulk and document access live.