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Nonprofiteer
← WELLNESS ADVOCACY FUND

Form 990 for tax year 2022

Filed by WELLNESS ADVOCACY FUND.

Totals

Total revenue
$2,281,869
Total expenses
$4,645,508
Contributions and grants received
$0
Grants paid
$4,500,000
Program service revenue
$0
Investment income
$2,277,035
Other revenue
$4,834
Total assets, end of year
$26,819,804
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$26,819,804
Program services expenses (Part IX)
$4,640,151
Management and general expenses
$5,357
Fundraising expenses
$0
Program service expenses (Part III)
$4,640,151

Program services were 99.9% 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.

  • 3 · Investment income

    total $250,396 · unrelated business $0 · excluded $250,396

  • 7a · Gross sales of assets other than inventory

    securities $3,499,473

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

    securities $1,472,834

  • 7c · Gain or loss

    securities $2,026,639

  • 7d · Net gain or loss

    total $2,026,639 · related or exempt $0 · unrelated business $0 · excluded $2,026,639

  • 11a · Other revenue: TAX REFUND

    total $4,834 · related or exempt $0 · unrelated business $0 · excluded $4,834

  • 11e · Other revenue, total

    $4,834

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,500,000 · program services $4,500,000

  • 11a · Fees: management

    total $100,700 · program services $100,700 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $9,129 · program services $9,129 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $30,254 · program services $30,254 · management and general $0 · fundraising $0

  • 11f · Fees: investment management

    total $1,377 · program services $0 · management and general $1,377 · fundraising $0

  • 13 · Office expenses

    total $627 · program services $68 · management and general $559 · fundraising $0

  • 24a · Other expenses: Foreign taxes

    total $38 · program services $0 · management and general $38 · fundraising $0

  • 24b · Other expenses: FIT

    total $2,394 · program services $0 · management and general $2,394 · fundraising $0

  • 24c · Other expenses: Software

    total $326 · program services $0 · management and general $326 · fundraising $0

  • 24d · Other expenses: State registration fees

    total $663 · program services $0 · management and general $663 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $134,224 · end of year $8,084

  • 4 · Accounts receivable

    end of year $654

  • 11 · Investments: publicly traded securities

    beginning of year $2,653,530 · end of year $316,110

  • 12 · Investments: other securities

    beginning of year $39,496,438 · end of year $26,494,956

  • 17 · Accounts payable and accrued expenses

    beginning of year $100,000 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $42,184,192 · end of year $26,819,804

Mission and programs · 2022

Mission

The Organization's principal activity is the promotion of social welfare through the provision of strategic and financial support to other organizations that support the Organization's mission and are exempt under Sections 501(c)(3) or 501(c)(4).

Activities or mission (Part I)

Promotion of social welfare to other 501(c)(3) and (c)(4) organizations

  • The Organization currently focuses on supporting voting rights and access for communities and leaders of color, climate action, and redistricting. Grants are made to other 501(c)(3), 501 (c)(4) or 527 organizations to accomplish these purposes.

    Expenses $4,640,151 · Grants $4,500,000

As filed on the 2022 return.

Listed in Part VII

  • Christine A Shreve

    Secretary

    Total calculated
    $0
    Hours/week
    0.25

  • Mary C Acker

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • David J Korotkin

    Asst Secretary

    Total calculated
    $0
    Hours/week
    0.25

  • Barbara Bainum

    President and Director

    Total calculated
    $0
    Hours/week
    1

  • Wilfried Busse

    Director

    Total calculated
    $0
    Hours/week
    1

  • Scott Renschler

    Director

    Total calculated
    $0
    Hours/week
    1

  • Todd Renschler

    Director

    Total calculated
    $0
    Hours/week
    1

  • Katherine Renschler

    Director

    Total calculated
    $0
    Hours/week
    1

  • Amanda Renschler

    Director

    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

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
28 February 2023
IRS schema version
2022v5.0
Source object
202343189349314424

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

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