Form 990 for tax year 2022
Filed by FORUM FOR THE FUTURE OF HIGHER EDUCATION.
Totals
- Total revenue
- $596,697
- Total expenses
- $1,004,342
- Contributions and grants received
- $530,890
- Grants paid
- $200,000
- Program service revenue
- $0
- Investment income
- $65,807
- Other revenue
- $0
- Total assets, end of year
- $2,089,333
- Total liabilities, end of year
- $960,462
- Net assets or fund balances, end of year
- $1,128,871
- Program services expenses (Part IX)
- $610,742
- Management and general expenses
- $393,600
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $610,742
Program services were 60.8% 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
$530,890
-
3 · Investment income
total $65,807 · excluded $65,807
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $200,000 · program services $200,000
-
11a · Fees: management
total $318,943 · management and general $318,943
-
11c · Fees: accounting
total $25,726 · management and general $25,726
-
11g · Fees: other
total $1,025 · management and general $1,025
-
13 · Office expenses
total $47,556 · management and general $47,556
-
17 · Travel
total $45,720 · program services $45,720
-
19 · Conferences, conventions and meetings
total $365,022 · program services $365,022
-
24a · Other expenses: PHOTOGRAPHY
total $350 · management and general $350
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $45,149 · end of year $135,797
-
2 · Savings and temporary cash investments
beginning of year $2,328,720 · end of year $1,953,536
-
17 · Accounts payable and accrued expenses
beginning of year $600,000 · end of year $448,134
-
25 · Other liabilities
beginning of year $237,353 · end of year $512,328
-
27 · Net assets without donor restrictions
beginning of year $1,536,516 · end of year $1,128,871
Mission and programs · 2022
Mission
TO ENGAGE IN ACTIVITIES WHICH PROMOTE EDUCATION, INCLUDING CONDUCTING RESEARCH AND PRESENTING PUBLIC DISCUSSION GROUPS, FORUMS, PANEL LECTURES, AND SIMILAR PROGRAMS ON EDUCATIONAL ISSUES.
Activities or mission (Part I)
HIGHER EDUCATION RESEARCH
-
THE FORUM FOR THE FUTURE OF HIGHER EDUCATION (THE FORUM) IS AN INDEPENDENT, NONPROFIT RESEARCH CENTER, COMPRISED OF A COMMUNITY OF ACADEMIC LEADERS AND SCHOLARS FROM ACROSS THE COUNTRY WHO EXPLORE NEW THINKING IN HIGHER EDUCATION. THE FORUM FACILITATES SHARED INQUIRY AND COLLABORATION ON ISSUES LIKELY TO INFLUENCE THE FUTURE OF HIGHER EDUCATION, PRIMARILY IN ECONOMICS AND FINANCE, NEW LEARNING MEDIA AND TECHNOLOGY, ADVANCES IN THE COGNITIVE AND NEUROSCIENCES, THE ROLE OF HIGHER EDUCATION IN THE GLOBAL POLITICAL ECONOMY, AND PREPARING THE WORKFORCE OF THE FUTURE. THE FORUM SPONSORS AND CREATES RESEARCH, PRESENTS SCHOLARSHIP AT ANNUAL ASPEN SYMPOSIA, AND DISSEMINATES FINDINGS THROUGHOUT HIGHER EDUCATION. THE FORUM SPONSORS RESEARCH AND CREATES KNOWLEDGE INTENDED TO INFORM CAMPUS POLICY AND DECISION-MAKING. ITS RESEARCH AGENDA FOCUSES ON NEW THINKING AND IDEAS LIKELY TO AFFECT THE FUTURE OF HIGHER EDUCATION. EACH YEAR, 15-20 NEW FORUM SCHOLARSHIPS ARE DESIGNATED. THE FORUM IS CURRENTLY ENGAGED IN THE FOLLOWING MAJOR RESEARCH INITIATIVES:-FORUM ON POLITICS, THE ECONOMY AND HIGHER EDUCATION-FORUM ON NEW BUSINESS AND FINANCIAL MODELS-FORUM ON TECHNOLOGY INNOVATION AND ACADEMIC PRODUCTIVITY-FORUM ON HIGHER EDUCATION GOVERNANCE, LEADERSHIP AND MANAGEMENT-FORUM ON FINANCIAL MARKETS AND RISK MANAGEMENT-WGBH ON CAMPUS-FORUM ON ADVANCED LEARNING SCIENCE-FORUM ON INEQUALITY AND HIGHER EDUCATION-ADDITIONAL PROGRAMS ON GLOBALIZATION, HIGHER EDUCATION, AND THE ECONOMYFORUM SCHOLARSHIP IS PUBLISHED IN FORUM FUTURES AND BROADLY DISSEMINATED THROUGHOUT HIGHER EDUCATION. FORUM FUTURES: SUMMARY OF FORUM RESEARCH, PUBLISHED SUMMARIES OF FORUM RESEARCH DESIGNED FOR USE IN BOARD AND PLANNING RETREATS, INCLUDING FULL-TEXT OF PAPERS PRESENTED AT ANNUAL ASPEN SYMPOSIUM.
Expenses $610,742 · Grants $200,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David OxtobyDAVID OXTOBY
PRESIDENT
- Total calculated
- $611,463
- From this org
- $0
- From related orgs
- $569,500
- Other
- $41,963
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $569,500 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $25,856 related
- Nontaxable benefits
- $0 + $16,107 related
- Filer's total
- $0 + $611,463 related
-
Mark RobinsonMARK ROBINSON
EXECUTIVE OFFICER
- Total calculated
- $344,472
- From this org
- $0
- From related orgs
- $290,079
- Other
- $54,393
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $290,079 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $30,326 related
- Nontaxable benefits
- $0 + $24,067 related
- Filer's total
- $0 + $344,472 related
-
Goodwin H LiuGOODWIN H LIU
CHAIR OF BOARD
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Paula J GiddingsPAULA J GIDDINGS
VICE CHAIR OF BOARD
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Earl LewisEARL LEWIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kenneth L WallachKENNETH L WALLACH
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nancy C AndrewsNANCY C ANDREWS
CHAIR OF BOARD (UNTIL 6/2023)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Stephen B HeintzSTEPHEN B HEINTZ
VICE CHAIR OF BOARD
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Kwame Anthony AppiahKWAME ANTHONY APPIAH
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John Mark HansenJOHN MARK HANSEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Cherry A MurrayCHERRY A MURRAY
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David M RubensteinDAVID M RUBENSTEIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Deborah F RutterDEBORAH F RUTTER
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Larry Jay ShapiroLARRY JAY SHAPIRO
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Shirley M TilghmanSHIRLEY M TILGHMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Natasha TretheweyNATASHA TRETHEWEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeannette M WingJEANNETTE M WING
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Pauline YuPAULINE YU
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Louise H BrysonLOUISE H BRYSON
MEMBER (UNTIL 6/2023)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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
- 4a · Severance or change-of-control payment
Answered no
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE ACADEMY'S COMPENSATION COMMITTEE CONSISTS OF FIVE MEMBERS OF THE BOARD OF DIRECTORS INCLUDING THE CHAIR, THE TWO VICE-CHAIRS AND THE TREASURER. THE COMMITTEE MEETS ANNUALLY TO REVIEW AND DETERMINE THE SALARY OF THE PRESIDENT AND TO REVIEW THE SALARIES OF OTHER OFFICERS. THESE PROCEDURES USED DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THERE WAS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS.
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
-
$200,000
INFORM A NATIONAL CONVERSATION ON THE FUTURE OF HIGHER EDUCATION
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.
-
AMERICAN ACADEMY OF ARTS AND SCIENCES
501(C)(3) · SPONSOR INTERDISCIPLINARY STUDY PROJECTS ON TOPICS IN THE PUBLIC INTEREST · MA
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NORTON'S WOODS INC
C · EVENT SERVICES · MA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431349349301928
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