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Nonprofiteer
← FORUM FOR THE FUTURE OF HIGHER EDUCATION

Form 990 for tax year 2023

Filed by FORUM FOR THE FUTURE OF HIGHER EDUCATION.

Totals

Total revenue
$259,980
Total expenses
$440,900
Contributions and grants received
$185,000
Grants paid
$0
Program service revenue
$0
Investment income
$74,980
Other revenue
$0
Total assets, end of year
$1,065,356
Total liabilities, end of year
$117,405
Net assets or fund balances, end of year
$947,951
Program services expenses (Part IX)
$362,442
Management and general expenses
$78,458
Fundraising expenses
$0
Program service expenses (Part III)
$362,442

Program services were 82.2% 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.

  • 1f · All other contributions, gifts and grants

    $185,000

  • 3 · Investment income

    total $74,980 · excluded $74,980

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $65,825 · management and general $65,825

  • 11g · Fees: other

    total $978 · management and general $978

  • 13 · Office expenses

    total $3,096 · management and general $3,096

  • 17 · Travel

    total $57,473 · program services $57,473

  • 19 · Conferences, conventions and meetings

    total $304,969 · program services $304,969

  • 24a · Other expenses: MISCELLANEOUS EXPENSE

    total $8,559 · management and general $8,559

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $135,797 · end of year $128,568

  • 2 · Savings and temporary cash investments

    beginning of year $1,953,536 · end of year $928,359

  • 4 · Accounts receivable

    end of year $8,429

  • 17 · Accounts payable and accrued expenses

    beginning of year $448,134 · end of year $374

  • 25 · Other liabilities

    beginning of year $512,328 · end of year $117,031

  • 27 · Net assets without donor restrictions

    beginning of year $1,128,871 · end of year $947,951

Mission and programs · 2023

Mission

TO ENGAGE IN ACTIVITIES WHICH PROMOTE EDUCATION, INCLUDING CONDUCTING RESEARCH AND PRESENTING PUBLIC DISCUSSION GROUPS, FORUMS, PANEL LECTURES, AND SIMILAR PROGRAMS ON EDUCATIONAL ISSUES.

Activities or mission (Part I)

HIGHER EDUCATION RESEARCH

  • THE FORUM FOR THE FUTURE OF HIGHER EDUCATION (THE FORUM) IS AN INDEPENDENT, NONPROFIT RESEARCH CENTER, COMPRISED OF A COMMUNITY OF ACADEMIC LEADERS AND SCHOLARS FROM ACROSS THE COUNTRY WHO EXPLORE NEW THINKING IN HIGHER EDUCATION. THE FORUM FACILITATES SHARED INQUIRY AND COLLABORATION ON ISSUES LIKELY TO INFLUENCE THE FUTURE OF HIGHER EDUCATION, PRIMARILY IN ECONOMICS AND FINANCE, NEW LEARNING MEDIA AND TECHNOLOGY, ADVANCES IN THE COGNITIVE AND NEUROSCIENCES, THE ROLE OF HIGHER EDUCATION IN THE GLOBAL POLITICAL ECONOMY, AND PREPARING THE WORKFORCE OF THE FUTURE. THE FORUM SPONSORS AND CREATES RESEARCH, PRESENTS SCHOLARSHIP AT ANNUAL ASPEN SYMPOSIA, AND DISSEMINATES FINDINGS THROUGHOUT HIGHER EDUCATION. THE FORUM SPONSORS RESEARCH AND CREATES KNOWLEDGE INTENDED TO INFORM CAMPUS POLICY AND DECISION-MAKING. ITS RESEARCH AGENDA FOCUSES ON NEW THINKING AND IDEAS LIKELY TO AFFECT THE FUTURE OF HIGHER EDUCATION. EACH YEAR, 15-20 NEW FORUM SCHOLARSHIPS ARE DESIGNATED. THE FORUM IS CURRENTLY ENGAGED IN THE FOLLOWING MAJOR RESEARCH INITIATIVES:-FORUM ON POLITICS, THE ECONOMY AND HIGHER EDUCATION-FORUM ON NEW BUSINESS AND FINANCIAL MODELS-FORUM ON TECHNOLOGY INNOVATION AND ACADEMIC PRODUCTIVITY-FORUM ON HIGHER EDUCATION GOVERNANCE, LEADERSHIP AND MANAGEMENT-FORUM ON FINANCIAL MARKETS AND RISK MANAGEMENT-WGBH ON CAMPUS-FORUM ON ADVANCED LEARNING SCIENCE-FORUM ON INEQUALITY AND HIGHER EDUCATION-ADDITIONAL PROGRAMS ON GLOBALIZATION, HIGHER EDUCATION, AND THE ECONOMYFORUM SCHOLARSHIP IS PUBLISHED IN FORUM FUTURES AND BROADLY DISSEMINATED THROUGHOUT HIGHER EDUCATION. FORUM FUTURES: SUMMARY OF FORUM RESEARCH, PUBLISHED SUMMARIES OF FORUM RESEARCH DESIGNED FOR USE IN BOARD AND PLANNING RETREATS, INCLUDING FULL-TEXT OF PAPERS PRESENTED AT ANNUAL ASPEN SYMPOSIUM.

    Expenses $362,442

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Oxtoby

    PRESIDENT

    Total calculated
    $641,872
    From this org
    $0
    From related orgs
    $593,145
    Other
    $48,727
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $593,145 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $15,727 related
    Filer's total
    $0 + $641,872 related
  • Goodwin H Liu

    CHAIR OF BOARD

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Stephen B Heintz

    VICE CHAIR OF BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Paula J Giddings

    VICE CHAIR OF BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kenneth L Wallach

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Earl Lewis

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kwame Anthony Appiah

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John Mark Hansen

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Cherry A Murray

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • David M Rubenstein

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Deborah F Rutter

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Larry Jay Shapiro

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Shirley M Tilghman

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Natasha Trethewey

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jeannette M Wing

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Pauline Yu

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Philip N Bredesen

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Margaret A Hamburg

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Robinson

    EXECUTIVE OFFICER

    Total calculated
    $387,769
    From this org
    $0
    From related orgs
    $327,153
    Other
    $60,616
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $327,153 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $34,007 related
    Nontaxable benefits
    $0 + $26,609 related
    Filer's total
    $0 + $387,769 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

  • 4a · Severance or change-of-control payment

Answered no

  • 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

The filer's explanations (Part III)

PART I, LINE 3
THE ACADEMY'S COMPENSATION COMMITTEE CONSISTS OF FIVE MEMBERS OF THE BOARD OF DIRECTORS INCLUDING THE CHAIR, THE TWO VICE-CHAIRS AND THE TREASURER. THE COMMITTEE MEETS ANNUALLY TO REVIEW AND DETERMINE THE SALARY OF THE PRESIDENT AND TO REVIEW THE SALARIES OF OTHER OFFICERS. THESE PROCEDURES USED DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THERE WAS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS.

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

No itemized grants to organizations on this return.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NORTON'S WOODS INC

    C · EVENT SERVICES · MA

Provenance

Return type
form_990
Tax year
2023
Filed
29 April 2025
IRS schema version
2023v6.0
Source object
202541199349301554

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