Form 990 for tax year 2023

Totals

Total revenue

$21,212,750

Total expenses

$25,601,563

Contributions and grants received

$18,128,907

Grants paid

$17,279,665

Program service revenue

$123,939

Investment income

$2,897,716

Other revenue

$62,188

Total assets, end of year

$122,021,495

Total liabilities, end of year

$13,104,317

Net assets or fund balances, end of year

$108,917,178

Program services expenses (Part IX)

$23,390,782

Management and general expenses

$1,998,140

Fundraising expenses

$212,641

Program service expenses (Part III)

$23,390,782

Program services were 91.4% 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.

Mission and programs · 2023

• QUALITY JOBS FUND:THE QUALITY JOBS FUND IS A MAJOR INITIATIVE TO ENHANCE COMMUNITY WEALTH AND THE POTENTIAL OF WORKING FAMILIES BY SEEDING SUSTAINABLE LONG-TERM COMMUNITY WELLBEING PROGRAMS IN DISTRESSED COMMUNITIES OF ARIZONA, CALIFORNIA AND NEVADA. OUR GOAL: TO ADDRESS THE PROBLEMS OF INEQUALITY THROUGH QUALITY JOB EXPANSION AND SKILL DEVELOPMENT.

  Expenses $4,883,597 · Grants $4,500,000

• LOCAL ECONOMIES PROJECT & PARTNERS FOR CLIMATE ACTION HUDSON VALLEY PROJECT:THE LOCAL ECONOMIES PROJECT SUPPORTS VIBRANT, INTERCONNECTED COMMUNITIES THAT ARE POWERED BY THE PEOPLE WHO LIVE THERE. WE SEE FOOD AND FARMING AS A CORNERSTONE OF EVERY REGION AND CRITICAL TO THE MOVEMENT TOWARDS STRONGER, MORE RESILIENT ECONOMIES. OUR MAJOR INITIATIVES: PARTNERS FOR CLIMATE ACTION AND LOCAL STEWARDSHIP AND COMMUNITY, REVOLVE AROUND SUPPORTING COMMUNITIES IN REPAIR OF OUR NATURAL SYSTEMS, MEND OUR CIVIC FABRIC, AND USHER IN A MORE COOPERATIVE AND RESILIENT FUTURE.

  Expenses $1,936,565 · Grants $1,024,562 · Revenue $123,939

• PHX - PHOENIX FUND AT NWF WAS ESTABLISHED IN 1996 AND IS DEDICATED TO EMPOWERING U.S. WORKERS AND THEIR RIGHTS THROUGH STRONG UNIONS. THROUGH THE PHOENIX FUND GRANTMAKING PROGRAM, WE ARE INVESTING IN FRONTLINE ORGANIZATIONS AND COLLABORATIONS THAT ARE BUILDING ECONOMIC JUSTICE MOVEMENTS FROM THE BOTTOM UP. OUR WORK IS FOCUSED ON ORGANIZING IN AREAS WITH AND WITHOUT WORKER CENTERS AND REPRESENTATION, AND BUILDING DEEP RELATIONSHIPS BETWEEN ORGANIZED LABOR, UNORGANIZED WORKERS, AND OUR COMMUNITY PARTNERS. WE ARE ALSO INVESTING IN THE CREATION OF SOLIDARITY CAMPAIGNS AND NETWORKS THAT WILL HELP ACTIVISTS TURN THE VICIOUS CIRCLE OF GLOBALIZATION, WHICH PITS ONE GROUP OF WORKERS AGAINST ANOTHER, INTO A VIRTUOUS CIRCLE, WHERE WORKING PEOPLE CAN COME TOGETHER TO RAISE THE FLOOR FOR ALL.

  Expenses $1,002,927 · Grants $894,000

• NEW MAJORITY FUND, ENVIRONMENTAL JUSTICE FUND, ECLIPSE FUND, GOOD WILL FUND, MARGA FUND, DIVERSE ASSET MANAGERS INITIATIVE, EDUCATION FOR RACIAL EQUITY, CULTURE HACK LABS, TRANSITION RESOURCE CIRCLE, ZERO CARBON MA

  Expenses $15,567,693 · Grants $10,861,103

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• PRESTAMOS CDFI LLC

  $3,000,000

  TO SUPPORT WORKFORCE DEVELOPMENT SERVICES TO SMALL, MINORITY/WOMEN BUSINESSES IN ECONOMICALLY DISTRESSED RURAL AREAS

• SHARED CAPITAL COOP

  $1,500,000

  TO SUPPORT PROJECT EQUITY IN THEIR WORK WITH SMALL BUSINESS TO RETAIN THEIR LOCAL ECONOMIC IMPACT AND PROVIDE PRE-TO-POST TRANSACTIONAL SUPPORT FOR ESOPS AND WORKER COOPERATIVE TRANSITIONS

• GRASSROOTS INTERNATIONAL

  $410,000

  IS SUPPORT OF MULTIPLE PURPOSES

• ENVIRONMENTAL VOTER PROJECT INC

  $395,000

  IN SUPPORT OF ITS WORK IN HOUSTON

• HUDSON RIVER HOUSING INC

  $100,000

  IN SUPPORT OF THE SOLAR PROJECT AT HUDSON RIVER LODGING AS PART OF A LARGER GREEN RETROFIT OF TRANSITIONAL HOUSING

• YMCA OF KINGSTON AND ULSTER COUNTY

  $100,000

  IN SUPPORT OF THE INSTALLATION OF HEAT PUMPS, INSULATION, AND AIR SEALING FOR THE MAIN GYMNASIUM, AIMED AT REDUCING FOSSIL FUEL RELIANCE.

• HAWTHORNE VALLEY ASSOCIATION

  $83,000

  IN SUPPORT OF PROVIDING PARTIAL FUNDING IN SUPPORT OF THE NECESSARY IMPLEMENTATION OF A CAMPUS-WIDE PLAN TO TRANSITION AWAY FROM OIL, REPLACE WINDOWS, AND INCREASE INSULATION.

• COMMUNITY CENTER FUND

  $78,250

  IN SUPPORT OF MARBLETOWN COMMUNITY CENTER'S INITIATIVES FOR INSULATION AND GEOTHERMAL SYSTEMS, AIMED AT ACHIEVING NET ZERO ENERGY CONSUMPTION

• SHOWING UP FOR RACIAL JUSTICE INC

  $75,000

  IN SUPPORT OF ITS WORK

• THE JANE STERN DORADO COMMUNITY LIBRARY

  $65,000

  IN SUPPORT OF ITS WORK

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

Provenance

Return type

form_990

Tax year

2023

Filed

14 August 2025

IRS schema version

2023v6.0

Source object

202532279349301808

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

The source document this was parsed from is served over the API, which is where bulk and document access live.