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Nonprofiteer
← BILLIE JEAN KING FOUNDATION

Form 990 for tax year 2022

Filed by BILLIE JEAN KING FOUNDATION.

Totals

Total revenue
$1,038,342
Total expenses
$450,087
Contributions and grants received
$1,008,628
Grants paid
$149,500
Program service revenue
$0
Investment income
$17,314
Other revenue
$12,400
Total assets, end of year
$2,482,282
Total liabilities, end of year
$894
Net assets or fund balances, end of year
$2,481,388
Program services expenses (Part IX)
$300,798
Management and general expenses
$89,289
Fundraising expenses
$60,000
Program service expenses (Part III)
$300,798

Program services were 66.8% 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.

  • 1c · Fundraising events

    $206,478

  • 1f · All other contributions, gifts and grants

    $802,150

  • 3 · Investment income

    total $17,314 · excluded $17,314

  • 8a · Fundraising events: gross income

    $18,522

  • 8a · Fundraising events: contributions included on line 1c

    $206,478

  • 8b · Fundraising events: direct expenses

    $6,122

  • 8c · Net income from fundraising events

    total $12,400 · excluded $12,400

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $149,500 · program services $149,500

  • 11a · Fees: management

    total $240,000 · program services $120,000 · management and general $60,000 · fundraising $60,000

  • 11c · Fees: accounting

    total $24,225 · management and general $24,225

  • 11g · Fees: other

    total $28,014 · program services $25,000 · management and general $3,014

  • 17 · Travel

    total $6,298 · program services $6,298

  • 22 · Depreciation, depletion and amortization

    total $1,167 · management and general $1,167

  • 24a · Other expenses: MISCELLANEOUS

    total $883 · management and general $883

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,736,731 · end of year $2,227,047

  • 3 · Pledges and grants receivable

    beginning of year $25,000 · end of year $125,000

  • 11 · Investments: publicly traded securities

    beginning of year $256,744 · end of year $129,360

  • 14 · Intangible assets

    beginning of year $2,042 · end of year $875

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $894

  • 27 · Net assets without donor restrictions

    beginning of year $2,020,517 · end of year $2,356,388

  • 28 · Net assets with donor restrictions

    end of year $125,000

Mission and programs · 2022

Mission

THE BILLIE JEAN KING LEADERSHIP INITIATIVE BELIEVES THAT EVERY INDIVIDUAL HAS THE POTENTIAL TO LEAD. THROUGHOUT COMPANIES AND ORGANIZATIONS ALL OVER THE WORLD, LEADERSHIP TENDS TO BE HOMOGENEOUS, BUT IF THOSE IN POSITIONS OF POWER ARE NOT REPRESENTATIVE OF OUR GLOBALIZING WORLD, FRESH IDEAS, DIVERSE TALENT, AND AN INCLUSIVE WORK ENVIRONMENT CANNOT PROSPER. THE STATUS QUO IS ALREADY SHIFTING, AS PEOPLE OF ALL BACKGROUNDS ARE BEING RECOGNIZED AND PROMOTED FOR THEIR VARIED SKILLS, EXPERIENCES, AND VIEWPOINTS. BUT MORE MUST BE DONE. AT THE BJKLI, WE ARE WORKING HARD TO REIMAGINE THE IMAGE OF LEADERSHIP NOT JUST IN BOARDROOMS AND CORNER OFFICES, BUT ALSO AT CUBICLES AND DESKS AROUND THE WORLD. INDIVIDUALS MUST FEEL FREE AND ABLE TO BRING THEIR AUTHENTIC SELVES TO WORK EVERY SINGLE DAY. WE ARE CREATING A MOVEMENT WHERE DIVERSE TALENT IS PROMOTED AND CELEBRATED, FROM THE TOP DOWN AND THE BOTTOM UP. WITH YOUR HELP, WE CAN LIFT, WE CAN LEARN, AND WE CAN LEAD.

Activities or mission (Part I)

THE BILLIE JEAN KING LEADERSHIP INITIATIVE IS AN AMBITIOUS AND MOTIVATED ENDEAVOR WHOSE SOLE FOCUS IS TO MOVE THE NEEDLE ON ISSUES IMPACTING DIVERSE TALENT GLOBALLY. WE PLAN TO IGNITE A TRANSFORMATION IN THE CONVERSATION THROUGH THREE PRIMARY PILLARS OF LEADERSHIP: LIFT THROUGH ACTION AND ADVOCACY, LEARN THROUGH RESEARCH AND INNOVATION, AND LEAD THROUGH INSIGHT AND EMPOWERMENT.

  • LIFT - CONVENE GLOBAL FORUMS EDUCATING WOMEN AND MEN ON THE CRITICAL ISSUES SURROUNDING THE IMPORTANCE OF INCLUSIVE LEADERSHIP, AND THE ROLE EVERY INDIVIDUAL PLAYS IN DRIVING CHANGE. PROMOTE AND FACILITATE PLATFORMS FOR CONVERSATION AND ACTION ACROSS ALL LEVELS OF AN ORGANIZATION.LEARN - AS MILLENNIALS ARE NOW THE MAJORITY OF THE WORKFORCE, THE BILLIE JEAN KING LEADERSHIP INITIATIVE (BJKLI) SOUGHT TO ANALYZE HOW THIS GROUP'S LEADERSHIP STYLES ARE TRANSFORMING BUSINESS. OUR RESEARCH ANALYZED THREE YEARS OF DATA COLLECTED BY OUR RESEARCH PARTNER, DELOITTE. OUR REPORT DEMONSTRATED THAT PURPOSE-DRIVEN MILLENNIALS SEEK INNOVATION AND COLLABORATION, WITH ROOM TO SPEARHEAD THEIR OWN CAREER PATHS. LEAVING BEHIND "THE WAY WE'VE ALWAYS DONE IT," MILLENNIALS ARE FINDING THEIR OWN WAY.A META-ANALYSIS OF SIX ROBUST DATA SOURCES WAS PERFORMED TO IDENTIFY INSIGHTS AND TRENDS ON WORKPLACE CULTURE, THE IMPACT GENERATIONAL DIFFERENCES HAVE ON CULTURE, AND THE EXTENT TO WHICH THESE OUTCOMES VARY ACROSS THE GLOBE.OUR RESEARCH IS INSPIRING AND EMPOWERING ORGANIZATIONS TO ADAPT TO THE NEEDS AND EXPECTATIONS ACROSS ALL GENERATIONS.THE FINDINGS IN THIS PAPER HAVE IDENTIFIED AN UNPRECEDENTED OPPORTUNITY TO SHIFT OUR CULTURES IN A WAY THAT INCREASES ENGAGEMENT AND PRODUCTIVITY FOR MEMBERS OF ALL GENERATIONS. LEAD - HOST A BIENNIAL LEADERSHIP CONFERENCE, IN PARTNERSHIP WITH GLOBAL CORPORATE LEADERS AND UNIVERSITIES, FOCUSED ON THE EMPOWERMENT, AUTHENTICITY AND DEVELOPMENT OF GLOBAL TALENT. IGNITE A DIALOGUE ON 21ST CENTURY POWER DYNAMICS AND THEIR IMPACT ON INCLUSION, LEADERSHIP, AND TALENT DEVELOPMENT.

    Expenses $300,798 · Grants $149,500

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BILLIE JEAN KING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • ILANA KLOSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • MICHAEL COAKLEY

    VICE PRESIDENT & SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • MERLE BLACKMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    5

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
9 August 2023
IRS schema version
2022v5.0
Source object
202312239349301006

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