Totals
- Total revenue
- $12,037,083
- Total expenses
- $10,018,560
- Contributions and grants received
- $9,725,496
- Grants paid
- $7,694,854
- Program service revenue
- $250
- Investment income
- $2,488,936
- Other revenue
- -$177,599
- Total assets, end of year
- $48,901,651
- Total liabilities, end of year
- $1,831,454
- Net assets or fund balances, end of year
- $47,070,197
- Program services expenses (Part IX)
- $9,042,211
- Management and general expenses
- $537,432
- Fundraising expenses
- $438,917
- Program service expenses (Part III)
- $9,042,211
Program services were 90.3% 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
$242,222
-
1e · Government grants (contributions)
$9,075
-
1f · All other contributions, gifts and grants
$9,474,199
-
1g · Noncash contributions included above
$1,764,446
-
2a · Program service revenue: FEES FOR SERVICES
total $250 · related or exempt $250
-
3 · Investment income
total $1,256,325 · excluded $1,256,325
-
7a · Gross sales of assets other than inventory
securities $18,366,626
-
7b · Less cost or other basis and sales expenses
securities $17,134,015
-
7c · Gain or loss
securities $1,232,611
-
7d · Net gain or loss
total $1,232,611 · excluded $1,232,611
-
8a · Fundraising events: gross income
$43,822
-
8a · Fundraising events: contributions included on line 1c
$242,222
-
8b · Fundraising events: direct expenses
$225,887
-
8c · Net income from fundraising events
total -$182,065 · excluded -$182,065
-
11a · Other revenue: OTHER INCOME
total $4,466 · excluded $4,466
-
11e · Other revenue, total
$4,466
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,688,854 · program services $7,688,854
-
2 · Grants to domestic individuals
total $6,000 · program services $6,000
-
5 · Compensation of officers, directors and key employees
total $1,024,841 · program services $742,576 · management and general $183,077 · fundraising $99,188
-
7 · Other salaries and wages
total $164,804 · program services $65,256 · fundraising $99,548
-
9 · Other employee benefits
total $106,487 · program services $72,983 · management and general $21,538 · fundraising $11,966
-
10 · Payroll taxes
total $87,339 · program services $58,082 · management and general $15,013 · fundraising $14,244
-
11f · Fees: investment management
total $88,032 · management and general $88,032
-
11g · Fees: other
total $191,966 · program services $38,927 · management and general $100,131 · fundraising $52,908
-
12 · Advertising and promotion
total $20,022 · program services $16,601 · fundraising $3,421
-
13 · Office expenses
total $34,092 · program services $673 · management and general $4,114 · fundraising $29,305
-
14 · Information technology
total $42,138 · program services $32,264 · management and general $9,819 · fundraising $55
-
17 · Travel
total $77,368 · program services $74,117 · management and general $98 · fundraising $3,153
-
19 · Conferences, conventions and meetings
total $5,391 · program services $711 · management and general $2,475 · fundraising $2,205
-
23 · Insurance
total $3,981 · management and general $3,981
-
24a · Other expenses: ALLOCATION OF SHARED EX
total $277,694 · program services $183,442 · management and general $36,275 · fundraising $57,977
-
24b · Other expenses: ALLOCATION OF COMMUNICA
total $97,226 · program services $42,743 · management and general $13,620 · fundraising $40,863
-
24c · Other expenses: RECRUITMENT
total $42,691 · management and general $42,691
-
24d · Other expenses: MERCHANT SERVICE FEES
total $20,232 · program services $701 · management and general $11,762 · fundraising $7,769
-
24e · All other expenses
total $39,402 · program services $18,281 · management and general $4,806 · fundraising $16,315
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,001,378 · end of year $1,674,381
-
3 · Pledges and grants receivable
beginning of year $10,000 · end of year $1,091
-
4 · Accounts receivable
beginning of year $47,746 · end of year $19,072
-
7 · Other notes and loans receivable
beginning of year $216,608 · end of year $16,601
-
9 · Prepaid expenses and deferred charges
beginning of year $729,533 · end of year $132,159
-
10a · Land, buildings and equipment: cost or other basis
$316,267
-
10b · Land, buildings and equipment: accumulated depreciation
$220,849
-
10c · Land, buildings and equipment, net
beginning of year $96,845 · end of year $95,418
-
11 · Investments: publicly traded securities
beginning of year $43,126,436 · end of year $46,080,204
-
15 · Other assets
beginning of year $1,021,692 · end of year $882,725
-
17 · Accounts payable and accrued expenses
beginning of year $221,414 · end of year $151,479
-
18 · Grants payable
beginning of year $130,500 · end of year $238,194
-
25 · Other liabilities
beginning of year $1,453,811 · end of year $1,441,781
-
27 · Net assets without donor restrictions
beginning of year $27,039,454 · end of year $28,686,669
-
28 · Net assets with donor restrictions
beginning of year $17,405,059 · end of year $18,383,528
Mission and programs · 2022
Mission
SINCE ITS FOUNDING IN 1980, HORIZONS' MISSION HAS BEEN TO SUPPORT NONPROFITS SERVING AND ADVOCATING FOR THE LGBTQ COMMUNITY THROUGH GRANTMAKING AND PROGRAMS; TO INCREASE PHILANTHROPIC GIVING TO LGBTQ CAUSES; AND TO PROVIDE FOR THE COMMUNITY'S LONG-TERM FUTURE.
Activities or mission (Part I)
TO SUPPORT NONPROFITS SERVING AND ADVOCATING FOR LGBTQ PEOPLE THROUGH GRANTMAKING AND PROGRAMS; TO INCREASE PHILANTHROPIC GIVING TO LGBTQ CAUSES; AND TO PROVIDE FOR FUTURE LGBTQ GENERATIONS AND THE LGBTQ COMMUNITY'S LONG-TERM FUTURE.
-
GRANTMAKING: HORIZONS FOUNDATION PROVIDED DIRECT FINANCIAL SUPPORT TO NONPROFIT ORGANIZATIONS THROUGH 1,380 GRANTS TO 776 ORGANIZATIONS TOTALING $7,611,604 IN 2023. GRANTS ADDRESSED MULTIPLE ISSUES AND POPULATIONS, INCLUDING THE COVID19 CRISIS, HEALTH, HIV/AIDS, YOUTH, ARTS, ELDERS, COMMUNITIES OF COLOR, TRANSGENDER RIGHTS, COMMUNITY BUILDING, AND CIVIL AND HUMAN RIGHTS IN THE SAN FRANCISCO BAY AREA, OTHER PARTS OF THE UNITED STATES, AND THE WORLD. GRANTS WERE ALSO MADE FROM DONOR-ADVISED FUNDS, FIELD OF INTEREST FUNDS, AND SCHOLARSHIP FUNDS. GRANTS RANGED FROM $250 TO $444,057; PROVIDED BOTH OPERATING SUPPORT AND PROJECT SUPPORT; AND INCLUDED NON-LGBTQ-SPECIFIC GRANTS THROUGH THE DONOR-ADVISED AND OTHER GRANT PROGRAMS.
Expenses $8,161,371 · Grants $7,611,604
-
INCREASING LGBTQ COMMUNITY RESOURCES: (A) HORIZONS PROMOTED GIVING BY LGBTQ PEOPLE FOR LGBTQ CAUSES BY OFFERING EXPERT SEMINARS TO EDUCATE HUNDREDS OF DONORS AND FINANCIAL AND LEGAL ADVISORS SERVING THE LGBTQ COMMUNITY AND BY WORKING WITH INDIVIDUAL DONORS TO DEFINE THEIR PHILANTHROPIC GOALS AND DEVELOP GIVING STRATEGIES FOR BOTH LIFE-TIME AND LEGACY GIFTS. (B) HORIZONS LED NATIONAL GIVE OUT DAY, THE ONLY NATIONAL DAY OF GIVING FOR THE LGBTQ COMMUNITY THAT RAISED OVER $1,272,886 FOR LGBTQ ORGANIZATIONS ACROSS THE COUNTRY. (C) THE FOUNDATION LED INNOVATIVE RESEARCH AND TESTING EFFORTS TO STRENGTHEN THE FUNDRAISING CAPABILITIES OF LGBTQ NONPROFITS IN THE BAY AREA AND BEYOND. (D) HORIZONS CONTINUED TO BUILD THE LGBTQ COMMUNITY ENDOWMENT FUND TO PROVIDE PERMANENT RESOURCES FOR PROMOTING RIGHTS AND WELL-BEING OF LGBTQ PEOPLE. THE ENDOWMENT IS BEING BUILT PRINCIPALLY THROUGH ESTATE GIFTS, AND MORE THAN 380 PEOPLE HAVE INFORMED HORIZONS THAT THE FOUNDATION IS INCLUDED IN THEIR ESTATES.
Expenses $812,693 · Grants $83,250 · Revenue $250
-
CAPACITY BUILDING: LEADERSHIP DEVELOPMENT: RECOGNIZING THAT STRONG LEADERSHIP IS CRUCIAL TO THE LGBQT COMMUNITY, HORIZONS HAS LONG BEEN COMMITTED TO DEVELOPING COMMUNITY LEADERSHIP. IN THE PAST YEAR, HORIZONS CONTINUED TO SPONSOR AN ON-GOING GROUP OF EXECUTIVE DIRECTORS OF LGBTQQ ORGANIZATIONS THAT PROVIDES CONSISTENT SUPPORT AND NETWORKING FOR KEY COMMUNITY LEADERS.
Expenses $68,147
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tim MurrayTIM MURRAY
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Dipti GhoshDIPTI GHOSH
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Adam BlumADAM BLUM
CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 5
-
Maya SetchkovaMAYA SETCHKOVA
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Jae MaldonadoJAE MALDONADO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Xochitl CarrionXOCHITL CARRION
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Kathryn ClubbKATHRYN CLUBB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Juan BaraniJUAN BARANI
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Shilpen PatelSHILPEN PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Linda ScaparottiLINDA SCAPAROTTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Melisa MarquezMELISA MARQUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jane SwanJANE SWAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jacob LittleJACOB LITTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Chris LimCHRIS LIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Roger DoughtyROGER DOUGHTY
PRESIDENT
- Total calculated
- $285,663
- From this org
- $250,050
- From related orgs
- $0
- Other
- $35,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,050
- Bonus
- $0
- Other
- $0
- Deferred
- $20,004
- Nontaxable benefits
- $15,609
- Filer's total
- $285,663
-
John MarvuglioJOHN MARVUGLIO
CFO
- Total calculated
- $201,241
- From this org
- $184,859
- From related orgs
- $0
- Other
- $16,382
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,859
- Bonus
- $0
- Other
- $0
- Deferred
- $14,789
- Nontaxable benefits
- $1,593
- Filer's total
- $201,241
-
Candace LopezCANDACE LOPEZ
CHIEF PHILANTHROPIC OFFICER
- Total calculated
- $160,774
- From this org
- $153,250
- From related orgs
- $0
- Other
- $7,524
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,250
- Bonus
- $0
- Other
- $0
- Deferred
- $6,350
- Nontaxable benefits
- $1,174
- Filer's total
- $160,774
-
Francisco BuchtingFRANCISCO BUCHTING
VP OF GRANTS, PROGRAMS & STRATEGIC INITIATIVES
- Total calculated
- $194,515
- From this org
- $168,950
- From related orgs
- $0
- Other
- $25,565
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,950
- Bonus
- $0
- Other
- $0
- Deferred
- $13,516
- Nontaxable benefits
- $12,049
- Filer's total
- $194,515
-
Henry PachecoHENRY PACHECO
DIRECTOR OF PHILANTHROPIC SERVICES
- Total calculated
- $122,070
- From this org
- $112,933
- From related orgs
- $0
- Other
- $9,137
- Hours/week
- 40
-
Curtis ParkerCURTIS PARKER
DIRECTOR OF COMMUNICATIONS
- Total calculated
- $117,388
- From this org
- $107,455
- From related orgs
- $0
- Other
- $9,933
- 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. 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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 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
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
-
$497,607
UNRESTRICTED OPERATING SUPPORT GRANT
-
$460,000
RESTRICTED TO A SPECIFIC PURPOSE - FUNDS USE ARE RESTRICTED TO ISDAO
-
$305,000
RESTRICTED TO A SPECIFIC PURPOSE
-
$269,552
RESTRICTED TO DORIAN FUND
-
$256,000
UNRESTRICTED OPERATING SUPPORT GRANT
-
$247,232
RESTRICTED TO A SPECIFIC PURPOSE - DREAM DEFENDERS
-
RESTRICTED TO A SPECIFIC PURPOSE - MARGARET Z. ROBSONENDOWED SCHOLARSHIP
-
NATIONAL CENTER FOR LESBIAN RIGHTS
$194,105
UNRESTRICTED OPERATING SUPPORT GRANT
-
$187,440
UNRESTRICTED OPERATING SUPPORT GRANT
-
UNRESTRICTED OPERATING SUPPORT GRANT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349305078
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.