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Nonprofiteer
← THE FUNDERS NETWORK INC

Form 990 for tax year 2024

Filed by THE FUNDERS NETWORK INC.

Totals

Total revenue
$3,728,913
Total expenses
$4,695,706
Contributions and grants received
$3,070,354
Grants paid
$871,441
Program service revenue
$625,571
Investment income
$32,988
Other revenue
$0
Total assets, end of year
$4,339,906
Total liabilities, end of year
$831,484
Net assets or fund balances, end of year
$3,508,422
Program services expenses (Part IX)
$3,917,746
Management and general expenses
$441,926
Fundraising expenses
$336,034
Program service expenses (Part III)
$3,917,746

Program services were 83.4% 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

    $3,070,354

  • 1g · Noncash contributions included above

    $2,700

  • 2a · Program service revenue: MEMBERSHIP

    total $355,309 · related or exempt $355,309

  • 2b · Program service revenue: CONFERENCE REGISTRATION FEES

    total $270,262 · related or exempt $270,262

  • 3 · Investment income

    total $32,988 · excluded $32,988

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $871,441 · program services $871,441

  • 5 · Compensation of officers, directors and key employees

    total $252,300 · program services $189,225 · management and general $45,414 · fundraising $17,661

  • 7 · Other salaries and wages

    total $1,364,365 · program services $978,646 · management and general $166,674 · fundraising $219,045

  • 8 · Pension plan contributions

    total $61,435 · program services $43,508 · management and general $7,894 · fundraising $10,033

  • 9 · Other employee benefits

    total $399,409 · program services $256,107 · management and general $89,236 · fundraising $54,066

  • 10 · Payroll taxes

    total $121,439 · program services $88,328 · management and general $15,210 · fundraising $17,901

  • 11c · Fees: accounting

    total $25,000 · management and general $25,000

  • 11g · Fees: other

    total $883,642 · program services $877,642 · management and general $6,000

  • 13 · Office expenses

    total $36,333 · program services $22,333 · management and general $9,822 · fundraising $4,178

  • 17 · Travel

    total $125,217 · program services $110,999 · management and general $10,147 · fundraising $4,071

  • 19 · Conferences, conventions and meetings

    total $461,030 · program services $444,507 · management and general $13,682 · fundraising $2,841

  • 24a · Other expenses: MISCELLANEOUS

    total $83,686 · program services $27,445 · management and general $51,322 · fundraising $4,919

  • 24b · Other expenses: TELECOMMUNICATIONS

    total $10,409 · program services $7,565 · management and general $1,525 · fundraising $1,319

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $637,606 · end of year $431,430

  • 2 · Savings and temporary cash investments

    beginning of year $3,070,541 · end of year $3,053,325

  • 3 · Pledges and grants receivable

    beginning of year $1,454,000 · end of year $853,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,977 · end of year $2,151

  • 17 · Accounts payable and accrued expenses

    beginning of year $542,406 · end of year $667,562

  • 19 · Deferred revenue

    beginning of year $146,503 · end of year $163,922

  • 27 · Net assets without donor restrictions

    beginning of year $1,052,042 · end of year $547,434

  • 28 · Net assets with donor restrictions

    beginning of year $3,423,173 · end of year $2,960,988

Mission and programs · 2024

Mission

TFN'S MISSION IS TO LEVERAGE PHILANTHROPY'S UNIQUE POTENTIAL TO HELP CREATE COMMUNITIES AND REGIONS THAT ARE SUSTAINABLE, PROSPEROUS AND JUST FOR ALL PEOPLE. TFN IS COMMITTED TO HELPING FUNDERS UNDERSTAND AND ADDRESS RACISM, ECONOMIC INEQUALITY, AND THE IMBALANCE OF POWER - WHILE ENGENDERING COMMUNITY-DRIVEN SOLUTIONS AND AMPLIFYING THE EXPERTISE AND EXPERIENCES OF THOSE COMMUNITIES WHO ARE LEAST HEARD.

  • THE ORGANIZATION PROVIDES SERVICES TO A RANGE OF MEMBERS AND OTHER PHILANTHROPIC ORGANIZATIONS TO HELP CREATE COMMUNITIES AND REGIONS THAT ARE SUSTAINABLE, PROSPEROUS, HEALTHY AND JUST FOR ALL PEOPLE BY 1) COORDINATING FUNDER EDUCATION AND INFORMATION SHARING; 2) PROVIDING OPPORTUNITIES FOR FUNDERS TO DEEPEN PROFESSIONAL RELATIONSHIPS, HONE THEIR LEADERSHIP SKILLS AND EXPAND THEIR IMPACT AS GRANTMAKERS; 3) HELPING ALIGN AGENDAS, EFFORTS AND INTERESTS, AS WELL AS FACILITATING STRATEGIC INITIATIVES AND COLLABORATIONS TO ADVANCE PROGRESS TOWARDS DESIRED OUTCOMES; AND 4) CULTIVATING EMERGING FUNDER INTEREST AND NEW OPPORTUNITIES FOR FUNDER ENGAGEMENT.

    Expenses $3,917,746 · Grants $871,441 · Revenue $625,571

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Don Hickman

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Sheena Solomon

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Surabhi Pandit

    VICE-CHAIRPE

    Total calculated
    $0
    Hours/week
    1
  • Karla Twedt-Ball

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Love

    SECRETARY&DI

    Total calculated
    $0
    Hours/week
    1
  • Lisa Jacobson

    SECRETARY&DI

    Total calculated
    $0
    Hours/week
    1
  • Isabel Barrios

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jessica Boehland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nathan Boon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chan Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kaying Hang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janel Hines

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Treye Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kumar Raj

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nathaniel Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Tran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dion Cartwright

    PRESIDENT &

    Total calculated
    $256,408
    From this org
    $250,108
    From related orgs
    $0
    Other
    $6,300
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,108
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,300
    Nontaxable benefits
    not reported
    Filer's total
    $256,408
  • Maureen Lawless Mestepey

    EXECUTIVE VP

    Total calculated
    $182,148
    From this org
    $173,328
    From related orgs
    $0
    Other
    $8,820
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,328
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,820
    Nontaxable benefits
    not reported
    Filer's total
    $182,148
  • Ann F Wallace

    VPOFPRGRMS&P

    Total calculated
    $173,827
    From this org
    $157,611
    From related orgs
    $0
    Other
    $16,216
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,611
    Bonus
    not reported
    Other
    not reported
    Deferred
    $16,216
    Nontaxable benefits
    not reported
    Filer's total
    $173,827
  • Jennifer Cummings

    CFO

    Total calculated
    $148,499
    From this org
    $148,499
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Teresita Negrete

    SRDIRCOMMUNI

    Total calculated
    $141,105
    From this org
    $134,341
    From related orgs
    $0
    Other
    $6,764
    Hours/week
    40
  • Allison Jai O'Dell

    DIR.DATA & I

    Total calculated
    $117,614
    From this org
    $117,614
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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

Provenance

Return type
form_990
Tax year
2024
Filed
17 September 2025
IRS schema version
2024v5.0
Source object
202533049349300248

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

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