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← PURPOSE FOUNDATION

Form 990 for tax year 2023

Filed by PURPOSE FOUNDATION.

Totals

Total revenue
$4,330,431
Total expenses
$4,930,510
Contributions and grants received
$4,233,005
Grants paid
$0
Program service revenue
$88,565
Investment income
$9,008
Other revenue
-$147
Total assets, end of year
$586,531
Total liabilities, end of year
$212,089
Net assets or fund balances, end of year
$374,442
Program services expenses (Part IX)
$4,721,514
Management and general expenses
$208,996
Fundraising expenses
$0
Program service expenses (Part III)
$4,721,514

Program services were 95.8% 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.

  • 1f · All other contributions, gifts and grants

    $4,233,005

  • 2a · Program service revenue: FISCAL SPONSORSHIP FEE

    total $88,565 · related or exempt $88,565

  • 3 · Investment income

    total $9,008 · excluded $9,008

  • 11a · Other revenue: FOREIGN CURRENCY EXCHA

    total -$147 · excluded -$147

  • 11e · Other revenue, total

    -$147

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $100,062 · management and general $100,062

  • 7 · Other salaries and wages

    total $133,385 · program services $130,869 · management and general $2,516

  • 8 · Pension plan contributions

    total $1,060 · management and general $1,060

  • 9 · Other employee benefits

    total $956 · program services $669 · management and general $287

  • 10 · Payroll taxes

    total $11,444 · program services $10,726 · management and general $718

  • 11c · Fees: accounting

    total $42,172 · management and general $42,172

  • 11g · Fees: other

    total $56,266 · management and general $56,266

  • 13 · Office expenses

    total $2,795 · management and general $2,795

  • 23 · Insurance

    total $3,120 · management and general $3,120

  • 24a · Other expenses: PROGRAM EXPENSES

    total $4,579,250 · program services $4,579,250

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,177,547 · end of year $584,482

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,889 · end of year $2,049

  • 17 · Accounts payable and accrued expenses

    beginning of year $860,915 · end of year $212,089

  • 19 · Deferred revenue

    beginning of year $344,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $87,747 · end of year $28,784

  • 28 · Net assets with donor restrictions

    beginning of year $886,774 · end of year $345,658

Mission and programs · 2023

Mission

THE PURPOSE FOUNDATION EXISTS TO SUPPORT SOCIAL IMPACT CAMPAIGNS AND ORGANIZATIONS THROUGH EDUCATIONAL, PUBLIC ENGAGEMENT, AND AWARENESS EFFORTS.

  • PURPOSE CLIMATE LAB - PHASE II - TO CREATE EXPONENTIAL GROWTH IN THE VOLUME AND POTENCY OF PUBLIC MOBILIZATION CAMPAIGNS DEMANDING BOLD CLIMATE SOLUTIONS IN THE COUNTRIES THAT NEED THEM MOST. THIS IS ACHIEVED BY WORKING IN THE HIGHEST-EMITTING NATIONS TO MEET THEIR COP21 PARIS AGREEMENT COMMITMENTS, HELPING CITIZENS TO HOLD THEIR ELECTED LEADERS ACCOUNTABLE TO ACHIEVING THEIR NDCS, ON SOLVING THE CLIMATE CRISIS AND CONTINUING TO CREATE CONDITIONS RIPE FOR IMPACT.

    Expenses $1,868,542 · Revenue $88,565

  • FAMILY STORY WORKS TO ADDRESS AND DISMANTLE FAMILY PRIVILEGE IN AMERICA BY CONDUCTING CUTTING-EDGE RESEARCH TO EXPOSE THE WAYS FAMILY PRIVILEGE CAUSES HARM AND CREATE CULTURAL AND POLITICAL STRATEGIES TO ADVANCE EQUITY FOR ALL TYPES OF FAMILIES.

    Expenses $91,709

  • MOBILISE STRATEGIC AUDIENCE GROUPS, THROUGH THE ISLAMIC CLIMATE MOVEMENT AS A HUB, TO DEMAND POLITICAL ACTION FOR CLIMATE SOLUTIONS, ESTABLISH A STRONG ISLAMIC CLIMATE MOVEMENT BY BRINGING TOGETHER ORGANIZATIONS AT THE INTERSECTION OF ISLAM AND CLIMATE IN A COLLABORATION AND DEMONSTRATE THE FEASIBILITY OF ISLAMIC CLIMATE SOLUTIONS IN ORDER TO ATTRACT MORE RESOURCES FOR THE MOVEMENT AND ITS INITIATIVES.

    Expenses $485,000

  • OTHER PROGRAMS:1.TRUSTED MESSENGERS FOR ENVIRONMENTAL IMPACT 2.BUILDING A UK ANIT-TRAFFICKING LAB WITH AND FOR IMPACTED COMMUNITIES 3.FIGHTING CLIMATE MIS/DISINFORMATION IN POLAND 4.ENABLING A JUST AND EQUITABLE TRANSITION TO A LOW CARBON ECONOMY IN BENGALURU 5.CLEAN AIR FUND PHASE 2 BULGARIA 6.AWARENESS INITIATIVE WITH INFORMAL TRUCK WORKFORCE IN INDIA7.LEVERAGING INDONESIA'S PRESIDENTIAL ELECTION TO POWER THE TRANSITION TO RENEWABLES8.BUILDING INFORMATION LITERACY YOUNG LATINE AUDIENCES IN THE US9.BUILDING AN ISLAMIC CLIMATE MOVEMENT IN INDONESIA10.INDIAN ECO-ENTREPRENEURS X MILLION LIFE11.AMAZON ACCELERATOR - CREATIVE SPRINT AND LOCAL SUPPORT 12.THE ROLE OF TRADITIONAL NEWS MEDIA IN STOKING DISTRIBUTED HATE ONLINE 13. GAME IMPACT LAB 14. DIGITAL STORYTELLING TO UNLOCK INCLUSIVE & EQUITABLE SOLUTIONS IN BENGALURU

    Expenses $2,276,263

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

Listed in Part VII

  • Thomas Gensemer End 0623

    TREASURER

    Total calculated
    $12,500
    From this org
    $12,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Christina Pena-Brower

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Daniel Barasch

    PRESIDENT

    Total calculated
    $25,000
    From this org
    $25,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Ethan Fletcher

    SECRETARY

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Galit Gun

    VICE PRESIDENT

    Total calculated
    $25,000
    From this org
    $25,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Nicole Rodgers

    FOUNDER AND EXECUTIVE DIRECTOR, FAMILY STORY

    Total calculated
    $125,000
    From this org
    $125,000
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443199349304464

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

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