Form 990 for tax year 2022
Filed by OAKLAND FUND FOR PUBLIC INNOVATION.
Totals
- Total revenue
- $7,112,407
- Total expenses
- $2,300,633
- Contributions and grants received
- $7,237,227
- Grants paid
- $1,298,700
- Program service revenue
- $0
- Investment income
- $14,123
- Other revenue
- -$138,943
- Total assets, end of year
- $4,967,133
- Total liabilities, end of year
- $155,359
- Net assets or fund balances, end of year
- $4,811,774
- Program services expenses (Part IX)
- $1,847,982
- Management and general expenses
- $201,590
- Fundraising expenses
- $251,061
- Program service expenses (Part III)
- $1,847,982
Program services were 80.3% 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
$192,246
-
1f · All other contributions, gifts and grants
$7,044,981
-
3 · Investment income
total $14,123 · related or exempt $14,123
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$118,707
-
8a · Fundraising events: contributions included on line 1c
$192,246
-
8b · Fundraising events: direct expenses
$257,808
-
8c · Net income from fundraising events
total -$139,101
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other income
total $158 · excluded $158
-
11e · Other revenue, total
$158
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,293,700 · program services $1,293,700
-
2 · Grants to domestic individuals
total $5,000 · program services $5,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $297,134 · program services $52,755 · management and general $63,295 · fundraising $181,084
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $64,074 · program services $59,043 · management and general $3,830 · fundraising $1,201
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $20,076 · program services $13,239 · management and general $6,288 · fundraising $549
-
10 · Payroll taxes
total $27,906 · program services $8,710 · management and general $5,352 · fundraising $13,844
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $78,120 · management and general $78,120
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $402,981 · program services $398,534 · management and general $1,997 · fundraising $2,450
-
12 · Advertising and promotion
total $2,028 · program services $980 · management and general $406 · fundraising $642
-
13 · Office expenses
total $1,290 · program services $624 · management and general $257 · fundraising $409
-
14 · Information technology
total $4,850 · program services $2,295 · management and general $1,052 · fundraising $1,503
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,592 · program services $769 · management and general $318 · fundraising $505
-
17 · Travel
total $23,505 · program services $949 · management and general $22,449 · fundraising $107
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $19,059 · program services $7,030 · management and general $8,517 · fundraising $3,512
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $8,138 · program services $3,933 · management and general $1,628 · fundraising $2,577
-
24a · Other expenses: Special event production
total $42,144 · fundraising $42,144
-
24b · Other expenses: Other expenses
total $9,036 · program services $421 · management and general $8,081 · fundraising $534
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
end of year $2,460,984
-
3 · Pledges and grants receivable
end of year $2,475,649
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $30,500
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
end of year $87,859
-
18 · Grants payable
end of year $67,500
-
27 · Net assets without donor restrictions
end of year $557,552
-
28 · Net assets with donor restrictions
end of year $4,254,222
Mission and programs · 2022
Mission
The Oakland Fund reaches across the city, engaging private partners to innovate, test and scale ideas that enhance Oakland. The Fund strives to improve the prosperity, safety and quality of life for all Oaklanders with projects that: build a more trustworthy and responsive government; allow Oaklanders to stay rooted and thrive in our city and create a more vibrant and connected Oakland for all who live, work and play here.
-
Department of Violence Prevention Partnership: Partnering with the City of Oakland's Department of Violence Prevention, OFPI is investing in strategies to address violence in high-risk neighborhoods: Family Matters: Engaging 80 at-risk OUSD families, this program offers six months of coaching and resources to protect against violence and foster classroom success. Town Nights: Organized from 2023 to 2025 during high-crime hours, Town Nights in Oakland build community cohesion through pro-social activities and reduce violence. They serve targeted OUSD students and families. Alongside these, a media campaign will be implemented to raise awareness about the effects of violence and promote non-violent community responses.
Expenses $717,288 · Grants $600,000
-
Shallow Subsidy Pilot: The Oakland Shallow Subsidy Pilot, initiated in July 2021, offers up to $800 in monthly rent subsidies to 200 at-risk households in Oakland for 18 months, aiming to prevent displacement and homelessness. Managed by Bay Area Community Services (BACS) and evaluated by the UCSF Benioff Homelessness and Housing Initiative (BHHI), the program focuses on the city's most vulnerable residents, with an average rent burden of 115%. Part of a broader effort to drive policy changes at regional, state, and federal levels, the pilot aims to gather evidence to end the housing crisis, with final reports anticipated in winter 2024.
Expenses $554,862 · Grants $500,000
-
Cultural Strategists-in-Government Program (CSIG): OFPI partners with the City of Oakland's Cultural Affairs Division (CAD) to implement CSIG, an innovative program that embeds cultural strategists in government. This collaboration aims to demonstrate the value of merging cultural insights with governmental work to fulfill the city's equity aspirations. Since its inception, CSIG has deployed strategists to 11 different city entities, with the latest expansion ongoing through 2023. The program works by engaging city workers with cultural strategists from communities most affected by inequities, fostering new ways to achieve equity goals. The ultimate goal is full integration into the City's work, and its success has drawn attention from other municipalities.
Expenses $368,132
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Juma Crawford
CEO
- Total calculated
- $73,917
- From this org
- $66,154
- From related orgs
- $0
- Other
- $7,763
- Hours/week
- 40
-
Alaina Long
COO
- Total calculated
- $43,538
- From this org
- $40,000
- From related orgs
- $0
- Other
- $3,538
- Hours/week
- 40
-
Elizabeth Van Benschoten
Director
- Total calculated
- $0
- Hours/week
- 2
-
Assad Waathiq
Director
- Total calculated
- $0
- Hours/week
- 2
-
John Lyman Dir
President
- Total calculated
- $0
- Hours/week
- 2
-
Heather Hood Dir
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Kiran Jain Dir
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Thurman White Dir
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Ratna Amin
Director
- Total calculated
- $0
- Hours/week
- 2
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
-
CityofOaklandDeptViolPrev
$600,000
Family Matters & Town Nights
-
$500,000
Shallow Subsidy
-
CityofOaklandEcoWorkforce
$67,500
Summer Youth Employment
-
$63,000
Oakland EcoBlock
-
$15,000
Community hub
-
$15,000
Address self-sufficiency barriers
-
$10,000
unrestricted
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430669349301603
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