Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $347,989

• 1f · All other contributions, gifts and grants

  $1,758,556

• 3 · Investment income

  total $844,615 · excluded $844,615

• 7a · Gross sales of assets other than inventory

  securities $9,298,557

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

  securities $9,323,956

• 7c · Gain or loss

  securities -$25,399

• 7d · Net gain or loss

  total -$25,399 · excluded -$25,399

• 8a · Fundraising events: gross income

  $77,367

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

  $347,989

• 8b · Fundraising events: direct expenses

  $330,591

• 8c · Net income from fundraising events

  total -$253,224 · excluded -$253,224

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,896,290 · program services $2,896,290

• 11f · Fees: investment management

  total $147,321 · management and general $147,321

• 20 · Interest

  total $8,616 · management and general $8,616

• 23 · Insurance

  total $4,264 · management and general $4,264

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $230,218 · end of year $102,520

• 2 · Savings and temporary cash investments

  beginning of year $1,135,608 · end of year $2,084,683

• 3 · Pledges and grants receivable

  beginning of year $2,964,810 · end of year $2,415,839

• 9 · Prepaid expenses and deferred charges

  beginning of year $211,783 · end of year $225,376

• 11 · Investments: publicly traded securities

  beginning of year $29,219,435 · end of year $30,691,247

• 15 · Other assets

  beginning of year $1,174,654 · end of year $1,601,601

• 17 · Accounts payable and accrued expenses

  beginning of year $61,955 · end of year $104,058

• 27 · Net assets without donor restrictions

  beginning of year $1,900,740 · end of year $2,605,880

• 28 · Net assets with donor restrictions

  beginning of year $32,973,813 · end of year $34,411,328

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR WAS COMPENSATED BY A RELATED ORGANIZATION, AND THEREFORE NONE OF THE LINE 3 BOXES HAVE BEEN CHECKED. THE RELATED ORGANIZATION USED THE FOLLOWING METHODOLOGIES TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE FILING ORGANIZATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINES 4A-B

RICHARD PAPPAS, ANTHONY ANDERSON, RACHEL RENDER, AND DAVE VENEKLASE PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. DAVE VENEKLASE RECEIVED A SEVERANCE PAYMENT OR CHANGE OF CONTROL PAYMENT FROM A RELATED ORGANIZATION.