Form 990 for tax year 2023
Filed by FOUNDATION OF THE FEDERAL BAR ASSOCIATION.
Totals
- Total revenue
- $374,603
- Total expenses
- $306,931
- Contributions and grants received
- $192,190
- Grants paid
- $159,000
- Program service revenue
- $0
- Investment income
- $189,709
- Other revenue
- -$7,296
- Total assets, end of year
- $5,146,701
- Total liabilities, end of year
- $51,391
- Net assets or fund balances, end of year
- $5,095,310
- Program services expenses (Part IX)
- $171,767
- Management and general expenses
- $135,164
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $171,767
Program services were 56.0% 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
$192,190
-
3 · Investment income
total $132,221 · excluded $132,221
-
7a · Gross sales of assets other than inventory
securities $435,000
-
7b · Less cost or other basis and sales expenses
securities $377,512
-
7c · Gain or loss
securities $57,488
-
7d · Net gain or loss
total $57,488 · excluded $57,488
-
8a · Fundraising events: gross income
$15,890
-
8b · Fundraising events: direct expenses
$23,186
-
8c · Net income from fundraising events
total -$7,296 · excluded -$7,296
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $91,000 · program services $91,000
-
2 · Grants to domestic individuals
total $68,000 · program services $68,000
-
11a · Fees: management
total $55,000 · management and general $55,000
-
11c · Fees: accounting
total $9,200 · management and general $9,200
-
11f · Fees: investment management
total $18,486 · management and general $18,486
-
11g · Fees: other
total $22,513 · management and general $22,513
-
13 · Office expenses
total $27,988 · management and general $27,988
-
17 · Travel
total $8,993 · program services $8,993
-
19 · Conferences, conventions and meetings
total $3,774 · program services $3,774
-
23 · Insurance
total $1,977 · management and general $1,977
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,954 · end of year $39,917
-
2 · Savings and temporary cash investments
beginning of year $682,566 · end of year $608,112
-
3 · Pledges and grants receivable
beginning of year $14,950 · end of year $48,191
-
11 · Investments: publicly traded securities
beginning of year $1,477,699 · end of year $4,185,104
-
12 · Investments: other securities
beginning of year $0 · end of year $265,377
-
15 · Other assets
beginning of year $2,266,235 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $3,500 · end of year $36,371
-
25 · Other liabilities
beginning of year $0 · end of year $15,020
-
27 · Net assets without donor restrictions
beginning of year $3,684,900 · end of year $4,226,451
-
28 · Net assets with donor restrictions
beginning of year $760,004 · end of year $868,859
Mission and programs · 2023
Mission
Promote and support legal research and education; advance the science of jurisprudence and facilitate the administration of justice; and foster improvements in the practice of federal law.
-
Scholarships: Foundation scholarships promote the practice of federal law and help young adults pursue university and law school education, ushering in a new generation of bright professionals, attorneys, and judges.The Robert A. McNew Law Student Scholarship - promotes the practice of federal law by awarding a scholarship to a law student. The scholarship is awarded to a current law student who is a Federal Bar Association law student associate member in good standing or has an interest in federal practice. Applicants must exhibit professionalism and high character in their personal and professional lives as demonstrated in application materials. See Schedule O for continuation
Expenses $62,500 · Grants $62,500
-
Chapter Community Outreach Grants - The Foundation provides funding to support projects and initiatives that provide legal services in local communities. Projects must align with the Foundation's mission.Pathways to the Profession Grants - The Foundation provides funding to support educational, community service, or outreach projects and initiatives that support pathway programs and events that encourage high school, college and law school students, and newer lawyers, particularly those from underrepresented backgrounds, to pursue and succeed in a legal career through educational, networking, mentorship programs and other opportunities. Projects must align with the Foundation's mission. See Schedule O for continuation
Expenses $57,000 · Grants $57,000
-
Awards and Recognition Programs: The Foundation funds the following FBA awards and recognition, through generous donations given for these purposes:Elaine R. "Boots" Fisher Award - This award is intended to stimulate, encourage, and recognize exemplary community, public and charitable service by members of the FBA. The Foundation makes an annual charitable contribution of $1,000 to an organization for which an FBA member has performed outstanding public service.See Schedule O for continuation
Expenses $38,267 · Grants $25,500
-
Judicial Research and Education: From time to time, the Foundation provides support for the conduct of research, programs, and education relating to the federal courts and federal jurisprudence. This program provides funding and other support for analytical research and educational programs and activities on a broad range of subject matters, including the history and role of the federal court system and the judiciary, the structure and operation of the courts, the independence of the judiciary, federal jurisprudence, and the relevance of the rule of law to society.Moot Court Competition - The Foundation provided financial support to the Thurgood Marshall Memorial Moot Court Competition, sponsored by the Federal Bar Association's Younger Lawyers Division.The Foundation fiscally supported The Justice & Democracy Centers of Minnesota Project for FBA Minnesota.The Justice & Democracy Centers of Minnesota opened the first location inside the Warren E. Burger Federal Building and U.S. Courthouse in downtown St. Paul. The second center will be inaugurated in 2025-2026 in the federal courthouse in Minneapolis.
Expenses $14,000 · Grants $14,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ashley L Belleau
President
- Total calculated
- $0
- Hours/week
- 1
-
Hon Michael Newman
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephen Jackson
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Bruce Moyer
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Aaron Bulloff
Historian and Fellows Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Ernest Bartol
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Erin Brown
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Calvert Chipchase
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Hon Donna Phillips Currault
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
David Guerry
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
James R Hammerschmidt
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen King
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Stacy King
Executive Director
- Total calculated
- $272,072
- From this org
- $0
- From related orgs
- $246,556
- Other
- $25,516
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $241,556 related
- Bonus
- $0 + $5,000 related
- Other
- $0
- Deferred
- $0 + $9,031 related
- Nontaxable benefits
- $0 + $16,485 related
- Filer's total
- $0 + $272,072 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
The filer's explanations (Part III)
- Schedule J, Part I, Line 3:
- Federal Bar Association's (related organization) methods to establish the compensation of the organization's CEO/Executive Director include a compensation committee, Form 990 of other organizations, and approval by the board or compensation committee.
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
-
Federal Bar Association
$16,500
Moot Court Sponsorship,Judicial Intern Academy, and Pride in ADR
-
Shaw Public Service Award/ Chapter Community Outreach Grant
-
Shaw Public Service Award
-
Diversity Grant/ Chapter Community Outreach 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.
-
Federal Bar Association
501(c)(6) · Premier bar association serving the federal practitioner & judiciary. · DC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511369349301326
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