Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $21,302,624

• 3 · Investment income

  total $130,491 · excluded $130,491

• 7a · Gross sales of assets other than inventory

  securities $1,953,494

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

  securities $1,865,338

• 7c · Gain or loss

  securities $88,156

• 7d · Net gain or loss

  total $88,156 · excluded $88,156

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $15,302,123 · program services $15,302,123

• 5 · Compensation of officers, directors and key employees

  total $253,079 · fundraising $253,079

• 7 · Other salaries and wages

  total $121,620 · program services $5,855 · management and general $15,755 · fundraising $100,010

• 8 · Pension plan contributions

  total $3,113 · program services $293 · management and general $788 · fundraising $2,032

• 9 · Other employee benefits

  total $17,262 · program services $402 · management and general $1,776 · fundraising $15,084

• 10 · Payroll taxes

  total $17,090 · program services $272 · management and general $1,108 · fundraising $15,710

• 11b · Fees: legal

  total $7,000 · management and general $7,000

• 11c · Fees: accounting

  total $23,439 · management and general $23,439

• 11d · Fees: lobbying

  total $147,996 · program services $147,996

• 11g · Fees: other

  total $123 · management and general $123

• 13 · Office expenses

  total $3,884 · management and general $1,603 · fundraising $2,281

• 14 · Information technology

  total $18,250 · management and general $1,584 · fundraising $16,666

• 16 · Occupancy

  total $140,393 · management and general $123,771 · fundraising $16,622

• 17 · Travel

  total $57 · management and general $57

• 22 · Depreciation, depletion and amortization

  total $15,315 · management and general $13,959 · fundraising $1,356

• 23 · Insurance

  total $7,551 · management and general $7,551

• 24a · Other expenses: MISCELLANEOUS EXPENSES

  total $7,733 · management and general $7,733

• 24b · Other expenses: BAD DEBT

  total $5,653 · program services $5,653

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $97,328 · end of year $83,757

• 2 · Savings and temporary cash investments

  beginning of year $2,662,298 · end of year $15,706,995

• 3 · Pledges and grants receivable

  beginning of year $22,125,685 · end of year $24,276,487

• 4 · Accounts receivable

  beginning of year $6,949 · end of year $5,546

• 9 · Prepaid expenses and deferred charges

  beginning of year $697 · end of year $685

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

  $142,272

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

  $17,739

• 10c · Land, buildings and equipment, net

  beginning of year $138,374 · end of year $124,533

• 11 · Investments: publicly traded securities

  beginning of year $2,999,033 · end of year $3,410,322

• 15 · Other assets

  beginning of year $891,509 · end of year $814,828

• 17 · Accounts payable and accrued expenses

  beginning of year $42,489 · end of year $35,674

• 25 · Other liabilities

  beginning of year $1,063,546 · end of year $11,067,323

• 27 · Net assets without donor restrictions

  beginning of year $2,332,953 · end of year $2,884,435

• 28 · Net assets with donor restrictions

  beginning of year $25,482,885 · end of year $30,435,721

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3

ESTABLISH COMPENSATION THE FOUNDATION EMPLOYEES ARE COMPENSATED THROUGH A COMMON PAYMASTER BY A RELATED ORGANIZATION. THE FOUNDATION REIMBURSES THE RELATED ORGANIZATION FOR ITS ALLOCATED SALARY EXPENSE. THE RELATED ORGANIZATION USED THE FOLLOWING TO ESTABLISH COMPENSATION FOR ALL EMPLOYEES: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE.

SCHEDULE J, PART I, LINE 8

FIXED PAYMENTS ASSOCIATED WITH THE CONTRACT ENTERED INTO WITH THE PRESIDENT ARE SUBJECT TO THE INITIAL CONTRACT EXCEPTION. THE TERMS OF THE CONTRACT WERE NEGOTIATED AT AN ARM'S LENGTH AND THE PRESIDENT WAS NOT A DISQUALIFIED PERSON IMMEDIATELY PRIOR TO ENTERING INTO THE INITIAL CONTRACT.