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← FOUNDATION OF THE FEDERAL BAR ASSOCIATION

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

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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