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Nonprofiteer
← THE JAIN FAMILY INSTITUTE

Form 990 for tax year 2024

Filed by THE JAIN FAMILY INSTITUTE.

Totals

Total revenue
$5,330,418
Total expenses
$5,374,057
Contributions and grants received
$5,014,715
Grants paid
$17,500
Program service revenue
$305,587
Investment income
$7,401
Other revenue
$2,715
Total assets, end of year
$764,346
Total liabilities, end of year
$532,525
Net assets or fund balances, end of year
$231,821
Program services expenses (Part IX)
$4,192,886
Management and general expenses
$787,289
Fundraising expenses
$393,882
Program service expenses (Part III)
$4,192,886

Program services were 78.0% 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

    $5,014,715

  • 1g · Noncash contributions included above

    $103,162

  • 2a · Program service revenue: ADVISORY FEE

    total $305,587 · related or exempt $305,587

  • 3 · Investment income

    total $3,358 · excluded $3,358

  • 7a · Gross sales of assets other than inventory

    securities $69,555

  • 7b · Less cost or other basis and sales expenses

    securities $65,512

  • 7c · Gain or loss

    securities $4,043

  • 7d · Net gain or loss

    total $4,043 · excluded $4,043

  • 11a · Other revenue: CREDIT CARD REWARDS

    total $2,715 · excluded $2,715

  • 11e · Other revenue, total

    $2,715

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,000 · program services $10,000

  • 2 · Grants to domestic individuals

    total $7,500 · program services $7,500

  • 5 · Compensation of officers, directors and key employees

    total $704,197 · program services $363,471 · management and general $157,601 · fundraising $183,125

  • 7 · Other salaries and wages

    total $1,937,219 · program services $1,668,940 · management and general $150,342 · fundraising $117,937

  • 8 · Pension plan contributions

    total $85,891 · program services $76,625 · management and general $5,615 · fundraising $3,651

  • 9 · Other employee benefits

    total $364,389 · program services $300,290 · management and general $34,174 · fundraising $29,925

  • 10 · Payroll taxes

    total $194,321 · program services $151,432 · management and general $21,856 · fundraising $21,033

  • 11b · Fees: legal

    total $24,169 · program services $24,169

  • 11c · Fees: accounting

    total $120,147 · management and general $120,147

  • 11e · Fees: professional fundraising services

    total $6,000 · fundraising $6,000

  • 11g · Fees: other

    total $1,006,302 · program services $979,989 · management and general $19,138 · fundraising $7,175

  • 12 · Advertising and promotion

    total $7,134 · program services $1,450 · management and general $5,684

  • 13 · Office expenses

    total $49,806 · program services $11,961 · management and general $37,845

  • 14 · Information technology

    total $342,867 · program services $259,490 · management and general $83,377

  • 16 · Occupancy

    total $264,782 · program services $158,355 · management and general $106,427

  • 17 · Travel

    total $86,118 · program services $79,677 · fundraising $6,441

  • 19 · Conferences, conventions and meetings

    total $85,633 · program services $62,145 · management and general $4,893 · fundraising $18,595

  • 22 · Depreciation, depletion and amortization

    total $26,973 · program services $5,021 · management and general $21,952

  • 23 · Insurance

    total $18,238 · management and general $18,238

  • 24a · Other expenses: PARTICIPANT INCENTIVES

    total $32,371 · program services $32,371

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $311,767 · end of year $5,370

  • 3 · Pledges and grants receivable

    beginning of year $91,125 · end of year $285,537

  • 4 · Accounts receivable

    beginning of year $1,247 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $65,979 · end of year $55,161

  • 10a · Land, buildings and equipment: cost or other basis

    $102,994

  • 10b · Land, buildings and equipment: accumulated depreciation

    $100,446

  • 10c · Land, buildings and equipment, net

    beginning of year $33,492 · end of year $2,548

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $38,572

  • 13 · Investments: program-related

    end of year $82,000

  • 14 · Intangible assets

    beginning of year $42,992 · end of year $31,526

  • 15 · Other assets

    beginning of year $496,027 · end of year $263,632

  • 17 · Accounts payable and accrued expenses

    beginning of year $259,977 · end of year $281,199

  • 19 · Deferred revenue

    beginning of year $32,253 · end of year $15,000

  • 25 · Other liabilities

    beginning of year $490,086 · end of year $236,326

  • 27 · Net assets without donor restrictions

    beginning of year -$569,461 · end of year -$791,220

  • 28 · Net assets with donor restrictions

    beginning of year $829,774 · end of year $1,023,041

Mission and programs · 2024

Mission

THE JAIN FAMILY INSTITUTE (JFI) IS AN APPLIED RESEARCH ORGANIZATION WHOSE MISSION IS TO APPLY THE INSTRUMENTS AND FRAMEWORKS OF FINANCE TO ISSUES OF GLOBAL POLICY CONCERN. WORKING TO UNDERSTAND AND COORDINATE INTERNATIONAL CHANNELS OF STATE AND PRIVATE RESOURCES, JFI APPLIES ITS DATA, MODELING, AND SIMULATION TOOLS TO THE BIGGEST CHALLENGES OF OUR TIME.

Activities or mission (Part I)

TO ADDRESS PRESSING SOCIAL PROBLEMS THROUGH HIGH-IMPACT POLICY INTERVENTIONS.

  • PHENOMENAL WORLD, A FREELY AVAILABLE, TRILINGUAL PUBLICATION DEVOTED TO RIGOROUS AND INNOVATIVE WRITING ON ECONOMICS, HISTORY, FINANCE, POLICY, AND POLITICS.

    Expenses $919,663

  • FINANCING THE ENERGY TRANSITION (FETI), A RESEARCH INITIATIVE SUPPORTING GOVERNMENTS AND INVESTORS AROUND THE GLOBE WITH THE TECHNICAL ASSISTANCE, MODELING, AND FINANCIAL STRUCTURING NEEDED FOR A JUST GREEN TRANSITION.

    Expenses $857,048

  • SOCIAL WEALTH, AN INITIATIVE HELPING GOVERNMENTS STRUCTURE AND INVEST POOLS OF PUBLIC CAPITAL IN ORDER TO PRESERVE SHARED WEALTH WHILE CATALYZING INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH.

    Expenses $513,749

  • THE INSTITUTE'S FURTHER LEGACY PROGRAMS INCLUDE: GUARANTEED INCOME, HIGHER EDUCATION FINANCE, AI FOR THE PUBLIC GOOD & THE CENTER FOR ACTIVE STEWARDSHIP, FOCUSED ON THE RELATIONSHIP BETWEEN THE ASSET MANAGEMENT INDUSTRY AND PRIVATE SECTOR ACTION ON CLIMATE CHANGE.

    Expenses $1,902,426 · Grants $17,500 · Revenue $305,587

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

Listed in Part VII

  • Robert Jain

    PRESIDENT/CHAIRMAN

    Total calculated
    $0
    Hours/week
    4
  • Carola Jain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael B Stynes

    CEO & DIRECTOR

    Total calculated
    $254,393
    From this org
    $213,500
    From related orgs
    $0
    Other
    $40,893
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $213,500
    Bonus
    $0
    Other
    $0
    Deferred
    $13,088
    Nontaxable benefits
    $27,805
    Filer's total
    $254,393
  • Alexander Jacobs

    CHIEF OPERATING OFFICER

    Total calculated
    $196,259
    From this org
    $165,838
    From related orgs
    $0
    Other
    $30,421
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,838
    Bonus
    $0
    Other
    $0
    Deferred
    $10,366
    Nontaxable benefits
    $20,055
    Filer's total
    $196,259
  • Jerome Hodges

    CHIEF RESEARCH OFFICER

    Total calculated
    $253,545
    From this org
    $212,672
    From related orgs
    $0
    Other
    $40,873
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,672
    Bonus
    $0
    Other
    $0
    Deferred
    $11,661
    Nontaxable benefits
    $29,212
    Filer's total
    $253,545
  • Molly Dektar

    EDITORIAL DIRECTOR

    Total calculated
    $213,324
    From this org
    $155,115
    From related orgs
    $0
    Other
    $58,209
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,115
    Bonus
    $0
    Other
    $0
    Deferred
    $9,214
    Nontaxable benefits
    $48,995
    Filer's total
    $213,324
  • Sidhya Balakrishnan

    DIRECTOR OF RESEARCH THRU 11/2024

    Total calculated
    $158,002
    From this org
    $136,171
    From related orgs
    $0
    Other
    $21,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,171
    Bonus
    $0
    Other
    $0
    Deferred
    $7,391
    Nontaxable benefits
    $14,440
    Filer's total
    $158,002
  • Nolan Lindquist - Executive

    DIR. CENTER FOR ACTIVE STEWARDSHIP

    Total calculated
    $162,836
    From this org
    $137,989
    From related orgs
    $0
    Other
    $24,847
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,989
    Bonus
    $0
    Other
    $0
    Deferred
    $7,975
    Nontaxable benefits
    $16,872
    Filer's total
    $162,836
  • Robert Gross

    EDITOR, PHENOMENAL WORLD

    Total calculated
    $136,171
    From this org
    $119,344
    From related orgs
    $0
    Other
    $16,827
    Hours/week
    40
  • Paul Katz

    LEAD RESEARCHER

    Total calculated
    $148,761
    From this org
    $123,744
    From related orgs
    $0
    Other
    $25,017
    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 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 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

  • PEOPLE'S POLICY PROJECT

    $10,000

    PUBLIC POLICY RESEARCH

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.

  • JAIN FAMILY INSTITUTE BRASIL

    PROMOTE AND DEFEND SOCIAL RIGHTS · BR · controlled entity

    Directly controlled by THE JAIN FAMILY INSTITUTE

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • THE FUND FOR GUARANTEED INCOME LLC

    ADMINISTRATION OF THE COMPTON PLEDGE PROGRAM IN COMPTON, CALIFORNIA. · DE · income $0 · assets $0

    Directly controlled by THE JAIN FAMILY INSTITUTE

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202523219349327407

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