Totals
- Total revenue
- $2,343,100
- Total expenses
- $8,458,871
- Contributions and grants received
- $60,000
- Grants paid
- $135,000
- Program service revenue
- $2,195,804
- Investment income
- $87,296
- Other revenue
- $0
- Total assets, end of year
- $8,882,516
- Total liabilities, end of year
- $1,075,362
- Net assets or fund balances, end of year
- $7,807,154
- Program services expenses (Part IX)
- $7,035,355
- Management and general expenses
- $1,233,579
- Fundraising expenses
- $189,937
- Program service expenses (Part III)
- $7,035,355
Program services were 83.2% 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.
-
1d · Related organizations
$10,000
-
1f · All other contributions, gifts and grants
$50,000
-
2a · Program service revenue: COMPETITION
total $2,195,804 · related or exempt $2,195,804
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $87,296 · related or exempt $87,296
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $135,000 · program services $135,000
-
11b · Fees: legal
total $15,633 · management and general $15,633
-
11c · Fees: accounting
total $15,000 · management and general $15,000
-
11g · Fees: other
total $7,492,160 · program services $6,304,354 · management and general $1,004,086 · fundraising $183,720
-
13 · Office expenses
total $15,004 · program services $9,930 · management and general $5,074
-
14 · Information technology
total $84,031 · management and general $84,031
-
16 · Occupancy
total $185,766 · program services $159,657 · management and general $20,859 · fundraising $5,250
-
17 · Travel
total $224,372 · program services $204,149 · management and general $19,256 · fundraising $967
-
19 · Conferences, conventions and meetings
total $224,490 · program services $207,135 · management and general $17,355
-
22 · Depreciation, depletion and amortization
total $12,977 · management and general $12,977
-
23 · Insurance
total $36,508 · management and general $36,508
-
24a · Other expenses: MEMBERSHIP DUES
total $17,930 · program services $15,130 · management and general $2,800
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,121,881 · end of year $8,518,480
-
2 · Savings and temporary cash investments
beginning of year $0
-
3 · Pledges and grants receivable
beginning of year $0
-
4 · Accounts receivable
beginning of year $322,000 · end of year $195,909
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $154,698 · end of year $161,638
-
10a · Land, buildings and equipment: cost or other basis
$64,886
-
10b · Land, buildings and equipment: accumulated depreciation
$58,397
-
10c · Land, buildings and equipment, net
beginning of year $19,466 · end of year $6,489
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $127,056 · end of year $212,096
-
18 · Grants payable
beginning of year $0
-
19 · Deferred revenue
beginning of year $568,064 · end of year $836,178
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
21 · Escrow or custodial account liability
beginning of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $27,088
-
27 · Net assets without donor restrictions
beginning of year $13,922,925 · end of year $7,807,154
-
28 · Net assets with donor restrictions
beginning of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0
Mission and programs · 2023
Mission
OUR MISSION IS TO UNLOCK SIGNIFICANT PHILANTHROPIC CAPITAL AND ACCELERATE SOCIAL CHANGE AROUND THE WORLD'S BIGGEST CHALLENGES, BY HELPING PHILANTHROPISTS SOURCE VETTED, HIGH-IMPACT PHILANTHROPIC OPPORTUNITIES AND CONNECTING NONPROFITS AND PROBLEM SOLVERS TO SIGNIFICANT AMOUNTS OF PHILANTHROPIC CAPITAL.
Activities or mission (Part I)
OUR MISSION IS TO UNLOCK SIGNIFICANT PHILANTHROPIC CAPITAL AND ACCELERATE SOCIAL CHANGE AROUND THE WORLD'S MOST PRESSING CHALLENGES. LEVER FOR CHANGE HELPS PHILANTHROPISTS SOURCE VETTED, HIGH-IMPACT OPPORTUNITIES IN TWO WAYS: BY DESIGNING AND MANAGING CUSTOMIZED COMPETITIONS AND BY MATCHING THEM WITH THE TOP VETTED PROPOSALS FROM ALL OF ITS COMPETITIONS IN THE BOLD SOLUTIONS NETWORK, A SEARCHABLE ONLINE DATABASE.
-
COMPETITION MANAGEMENT - THE ORGANIZATION DEVELOPS AND MANAGES CUSTOMIZED COMPETITIONS FOR PHILANTHROPISTS AND MATCHES DONORS WITH THE TOP VETTED PROPOSALS FROM SUCH COMPETITIONS IN A SEARCHABLE ONLINE DATABASE OF SOLUTIONS KNOWN AS THE BOLD SOLUTIONS NETWORK.
Expenses $7,035,355 · Grants $135,000 · Revenue $2,195,804
As filed on the 2023 return.
Listed in Part VII
-
Cecilia ConradCECILIA CONRAD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $497,087
- From this org
- $0
- From related orgs
- $497,087
- Other
- $0
- Hours/week
- 45 + 5 related
Schedule J breakdown matched by us
- Base
- $0 + $443,100 related
- Bonus
- $0
- Other
- $0 + $53,987 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $497,087 related
-
James ManyikaJAMES MANYIKA
DIRECTOR
- Total calculated
- $24,500
- From this org
- $0
- From related orgs
- $24,500
- Other
- $0
- Hours/week
- 2
-
Julia StaschJULIA STASCH
DIRECTOR / BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Lynn TalientoLYNN TALIENTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Reid HoffmanREID HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Emily FriedmanEMILY FRIEDMAN
SECRETARY (EFFECTIVE 6/17/23)
- Total calculated
- $255,546
- From this org
- $0
- From related orgs
- $255,546
- Other
- $0
- Hours/week
- 5 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $247,000 related
- Bonus
- $0
- Other
- $0 + $8,546 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $255,546 related
-
Joshua MintzJOSHUA MINTZ
SECRETARY (THROUGH 6/16/23)
- Total calculated
- $702,116
- From this org
- $0
- From related orgs
- $702,116
- Other
- $0
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $589,100 related
- Bonus
- $0
- Other
- $0 + $113,016 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $702,116 related
-
Trisha PomerenkTRISHA POMERENK
TREASURER
- Total calculated
- $197,014
- From this org
- $0
- From related orgs
- $197,014
- Other
- $0
- Hours/week
- 10 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $194,500 related
- Bonus
- $0
- Other
- $0 + $2,514 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $197,014 related
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
in support of the Care in Common Public Education Campaign
-
in support of the Partnering to Increase Awareness on Disability Inclusive Health at the 2023 World Health Summit
-
$25,000
in support of reinventing data dashboards for OneSky Vietnam project
-
$25,000
in support of the Integrated Energy Models: From Pioneers to Mainstream
-
in support of Women's Communal Land Rights research
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.
-
JOHN D AND CATHERINE T MACARTHUR FOUNDATION
501(c)(3) · PRIVATE FOUNDATION · IL
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433179349308008
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