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Nonprofiteer
← PVBLIC FOUNDATION INC

Form 990 for tax year 2023

Filed by PVBLIC FOUNDATION INC.

Totals

Total revenue
$4,951,148
Total expenses
$5,076,168
Contributions and grants received
$2,484,819
Grants paid
$120,500
Program service revenue
$2,454,422
Investment income
$2,360
Other revenue
$9,547
Total assets, end of year
$958,233
Total liabilities, end of year
$595,486
Net assets or fund balances, end of year
$362,747
Program services expenses (Part IX)
$4,798,834
Management and general expenses
$277,334
Fundraising expenses
$0
Program service expenses (Part III)
$4,798,834

Program services were 94.5% 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

    $2,484,819

  • 2a · Program service revenue: MEDIA CAMPAIGN

    total $1,432,962 · related or exempt $1,432,962

  • 2b · Program service revenue: EVENT PLANNING & STRAT

    total $1,021,460 · related or exempt $1,021,460

  • 3 · Investment income

    total $2,360 · excluded $2,360

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $9,547 · excluded $9,547

  • 11e · Other revenue, total

    $9,547

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $120,500 · program services $120,500

  • 5 · Compensation of officers, directors and key employees

    total $515,166 · program services $456,544 · management and general $58,622

  • 7 · Other salaries and wages

    total $143,423 · program services $94,580 · management and general $48,843

  • 9 · Other employee benefits

    total $12,633 · management and general $12,633

  • 10 · Payroll taxes

    total $34,556 · program services $26,721 · management and general $7,835

  • 11b · Fees: legal

    total $2,000 · program services $2,000

  • 11c · Fees: accounting

    total $82,835 · program services $30,170 · management and general $52,665

  • 11g · Fees: other

    total $1,438,482 · program services $1,436,913 · management and general $1,569

  • 12 · Advertising and promotion

    total $5,243 · program services $399 · management and general $4,844

  • 13 · Office expenses

    total $53,200 · program services $51,941 · management and general $1,259

  • 14 · Information technology

    total $7,609 · program services $438 · management and general $7,171

  • 16 · Occupancy

    total $19,545 · program services $6,972 · management and general $12,573

  • 17 · Travel

    total $428,637 · program services $410,804 · management and general $17,833

  • 19 · Conferences, conventions and meetings

    total $1,038,314 · program services $1,035,595 · management and general $2,719

  • 20 · Interest

    total $8,095 · management and general $8,095

  • 22 · Depreciation, depletion and amortization

    total $8,286 · management and general $8,286

  • 23 · Insurance

    total $8,972 · program services $8,613 · management and general $359

  • 24a · Other expenses: MEDIA CAMPAIGN EXPENSE

    total $1,091,774 · program services $1,091,774

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $51,777 · program services $21,290 · management and general $30,487

  • 24c · Other expenses: STATE FILINGS & REGISTR

    total $1,877 · program services $1,100 · management and general $777

  • 24d · Other expenses: VOLUNTEER TRAINING

    total $1,398 · program services $1,398

  • 24e · All other expenses

    total $1,846 · program services $1,082 · management and general $764

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $692,828 · end of year $780,719

  • 4 · Accounts receivable

    end of year $16,148

  • 9 · Prepaid expenses and deferred charges

    end of year $3,924

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

    $170,226

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

    $12,784

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $157,442

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,633 · end of year $224,571

  • 19 · Deferred revenue

    beginning of year $0 · end of year $195,320

  • 22 · Loans and payables to officers and key people

    end of year $25,595

  • 24 · Unsecured notes and loans payable

    beginning of year $150,000 · end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $277,362 · end of year $144,914

  • 28 · Net assets with donor restrictions

    beginning of year $217,833 · end of year $217,833

Mission and programs · 2023

Mission

PVBLIC FOUNDATION IS AN INNOVATIVE NON-PROFIT ORGANIZATION THAT MOBILIZES MEDIA, DATA, AND TECHNOLOGY FOR SUSTAINABLE DEVELOPMENT AND SOCIAL IMPACT AROUND THE WORLD. THE FOUNDATION CONNECTS PUBLIC, PRIVATE, AND NONPROFIT SECTORS, PLUGGING INNOVATIONS INTO SOCIAL AGENDAS AND HELPING GOVERNMENTS, NGOS, AND INTERGOVERNMENTAL ORGANIZATIONS AMPLIFY THEIR IMPACT THROUGH ORIGINAL PROGRAMS, CREATIVE PARTNERSHIPS, AND STRATEGIC DONOR FUNDS. THE FOUNDATION HAS MANAGED PROGRAMS AND PARTNERSHIPS THAT HAVE REACHED MORE THAN A BILLION PEOPLE IN 125 COUNTRIES AND INSPIRED GLOBAL ACTION ON THE SUSTAINABLE DEVELOPMENT GOALS (SDGS).

Activities or mission (Part I)

TO ENGAGE GLOBAL CHANGEMAKERS AND MOBILIZE ACTION TO ADVANCE SUSTAINABLE DEVELOPMENT.

  • SDG MEDIA ZONE: THE SDG MEDIA ZONE BRINGS TOGETHER WORLD LEADERS, INFLUENCERS, ACTIVISTS, EXPERTS, CONTENT CREATORS AND MEDIA PARTNERS TO HIGHLIGHT AND INSPIRE ACTIONS AND SOLUTIONS IN SUPPORT OF THE SUSTAINABLE DEVELOPMENT GOALS. ORGANIZED BY THE UN DEPARTMENT OF GLOBAL COMMUNICATIONS, IN COLLABORATION WITH PVBLIC FOUNDATION, THE SDG MEDIA ZONE TAKES THE CONVERSATION ON ADVANCING THE 2030 AGENDA OUT OF THE POLICY SPHERE AND INTO THE PUBLIC DISCOURSE THROUGH IMPACTFUL IN-DEPTH INTERVIEWS AND CONVERSATIONS ON GLOBAL ISSUES THAT MATTER TO PEOPLE EVERYWHERE. SO FAR WE HAVE PRODUCED AND ORGANIZED 30+ SDG MEDIA ZONES IN 10+ COUNTRIES WITH OVER 2,500 SPEAKERS AND AN AUDIENCE OF 1 BILLION REACHED ACROSS 80 COUNTRIES.FOSD SUMMIT: FOR THE SECOND CONSECUTIVE YEAR AT THE UN GENERAL ASSEMBLY WEEK IN NEW YORK, THE FAMILY OFFICES FOR SUSTAINABLE DEVELOPMENT (FOSD) SUMMIT AND RECEPTION UNITED GLOBAL LEADERS AND PROMINENT FAMILY OFFICES TO HIGHLIGHT THE POWER OF PUBLIC-PRIVATE PARTNERSHIPS AND DATA-DRIVEN STRATEGIES IN ADVANCING THE SUSTAINABLE DEVELOPMENT GOALS.CUMBRE DE IMPACTO IBEROAMERICANO: CUMBRE DE IMPACTO IBEROAMERICANO IS A SPANISH-LANGUAGE EVENT HELD AT THE UNITED NATIONS DURING THE HIGH-LEVEL WEEK OF THE UN GENERAL ASSEMBLY TO DISCUSS PROGRESS ON THE SUSTAINABLE DEVELOPMENT GOALS. THE 2024 EDITION OF THE SUMMIT WILL FOCUS ON EDUCATIONAL TRANSFORMATION: INNOVATION AND SUSTAINABILITY FOR THE FUTURE, ADDRESSING THE GLOBAL EDUCATION CRISIS FROM A BROAD PERSPECTIVE THAT INCLUDES DEVELOPING ESSENTIAL SKILLS AND KNOWLEDGE TO MEET CONTEMPORARY CHALLENGES, SUCH AS INEQUALITY, CLIMATE CHANGE AND TECHNOLOGICAL DISRUPTION.HEALTH EQUITY FORUM: IN ITS SECOND YEAR, THE HEALTH EQUITY FORUM OFFERED AN ACTION-ORIENTED PLATFORM THAT CONTINUES TO BRING TOGETHER HEALTHCARE LEADERS FROM BUSINESS, GOVERNMENT, ACADEMIA, AND CIVIL SOCIETY TO INSPIRE, BUILD, AND LAUNCH INITIATIVES ADDRESSING GLOBAL HEALTH EQUITY CHALLENGES. THE HEALTH EQUITY FORUM IS A GROUNDBREAKING IMPACT INITIATIVE DEDICATED TO ADVANCING HEALTH EQUITY AND IMPROVING HEALTH OUTCOMES FOR ALL. BY FOSTERING COLLABORATION BETWEEN LEADERS FROM THE PUBLIC AND PRIVATE SECTORS, THE FORUM AIMS TO CREATE ACTIONABLE STRATEGIES AND INITIATIVES IN A MULTI-YEAR EFFORT TO ADDRESS HEALTH DISPARITIES. THE FORUM ALIGNS WITH THE SUSTAINABLE DEVELOPMENT GOALS (SDGS), PARTICULARLY SDG 3: GOOD HEALTH & WELLBEING AND SDG 10: REDUCE INEQUALITIES. SDG LOUNGE - THE SDG LOUNGE, ORGANIZED BY PVBLIC FOUNDATION IN COOPERATION WITH UN PARTNERS AND PUBLIC-PRIVATE STAKEHOLDERS, HAS ESTABLISHED A REPUTATION FOR HOSTING HIGH-LEVEL EVENTS ON THE MARGINS OF GLOBAL FORUMS THAT CATALYZE MEANINGFUL MOMENTUM BEHIND THE WORLD'S MOST IMPACTFUL INITIATIVES. FROM THE CANNES LIONS INTERNATIONAL FESTIVAL OF CREATIVITY TO THE UNITED NATIONS GENERAL ASSEMBLY, PVBLIC FOUNDATION AND THE SDG LOUNGE HAVE USED CULTURE AND ENTERTAINMENT TO CREATE ENVIRONMENTS CONDUCIVE TO COLLABORATION FOR WORLD LEADERS AND GLOBAL INFLUENCERS COMMITTED TO ACHIEVING THE UN'S SUSTAINABLE DEVELOPMENT GOALS (SDGS). THE SDG LOUNGE AT COP27, WHICH PRODUCED TWO DINNERS AND TWO RECEPTIONS WITH STRATEGIC PARTNERS, PROUDLY BUILT UPON ITS IMPACT-DRIVEN LEGACY.

    Expenses $1,867,295 · Grants $120,500 · Revenue $1,021,460

  • SDG DATA ALLIANCE - PVBLIC FOUNDATION SERVES AS THE PROGRAM MANAGER AND FIDUCIARY TO DEVELOP AN OPEN, POLICY AND COMMUNITY-DRIVEN, MULTI-STAKEHOLDER PROGRAM COMPRISING THE PRIVATE SECTOR, FOUNDATIONS, UN ORGANIZATIONS, AND LOCAL AND NATIONAL GOVERNMENTS THAT SUPPORTS THE CREATION AND/OR STRENGTHENING OF GEOSPATIAL COUNTRY-LEVEL ACTION PLANS AND SDG DATA HUBS ACROSS DEVELOPING COUNTRIES. THE PROGRAM INCLUDES NOT ONLY ACTING AS THE FIDUCIARY BUT BUILDING OUT THE SKILLS AND EXPANDING THE MULTI-STAKEHOLDER GROWTH WORKING WITH ESRI, W.K. KELLOGG FOUNDATION, AND THE UNITED NATIONS GGIM SECRETARIAT. PVBLIC'S ROLE IS TO OVERSEE THE FUNDING, GROWTH, INNOVATION, EDUCATION, AND WORK WITH ALL ALLIANCE PARTNERS AND MANAGE THE PROGRAM, MAKING SURE THAT THE ALLIANCE IS MAKING PROGRESS AND ACHIEVING ITS OBJECTIVES. PVBLIC IS CURRENTLY DEVELOPING AND IMPLEMENTING ACROSS THE FOLLOWING COUNTRY GOVERNMENT PARTNERS: BURKINA FASO, CAMEROON, CHILE, ESWATINI, ETHIOPIA, HAITI, MOROCCO, SENEGAL, ST. LUCIA, TUNISIA, FIJI, GUATEMALA, HONDURAS, MOZAMBIQUE, PANAMA, RWANDA, SOUTH AFRICA, AND TONGA. FAMILY OFFICE FOR SUSTAINABLE DEVELOPMENT - FOSD (LAUNCHED IN APRIL 2021): FOSD IS A STRATEGIC PROGRAM CREATED AND MANAGED BY PVBLIC FOUNDATION AND THE UN OFFICE FOR PARTNERSHIPS WHICH CONNECTS CURATED GROUPS OF FAMILY OFFICES AROUND THE WORLD COMMITTED TO ADVANCING THE SDGS. THE FAMILY OFFICES FOR SUSTAINABLE DEVELOPMENT AIMS TO OFFER A TRUSTED AND HIGHLY EFFECTIVE PLATFORM FOR INFORMING AND OUTREACHING TO MULTI-GENERATIONAL AND MULTI-REGIONAL FAMILY OFFICES, ENABLING THEM TO DRAW UPON THE MANIFOLD RESOURCES AND EXPERTISE OF THE UN.

    Expenses $1,741,537

  • MEDIA AMPLIFICATION CAMPAIGNS: AN AGGREGATOR OF MEDIA ACROSS ALL PLATFORMS, PVBLIC WORKS STRATEGICALLY TO PAIR MEDIA ASSETS WITH IMPACT CAMPAIGNS AROUND THE WORLD. WE COMBINE PHILANTHROPY WITH MEDIA SERVICES TO SUPPORT SOCIAL CAMPAIGNS FROM THE PRE-LAUNCH "STRATEGY" PHASE, THROUGH EXECUTION AND POST-CAMPAIGN REPORTING. WE UTILIZE INDUSTRY SPECIFIC EXPERTISE, RESOURCES, AND ECONOMIES OF SCALE TO FIND THE BEST POSSIBLE MEDIA PRICING IN ORDER TO STRETCH ADVERTISING BUDGETS AS FAR AS POSSIBLE. LEVERAGE EXCLUSIVE MEDIA PARTNERSHIPS TO AMPLIFY THE MEDIA PLAN WITH ADDITIONAL DONATED MEDIA. WE HAVE SUPPORTED SOCIAL IMPACT CAMPAIGNS FROM THE OBAMA WHITE HOUSE, NUMEROUS UN AGENCIES, GOVERNMENTS AROUND THE WORLD AND NON-PROFITS. MAIN CAMPAIGNS:- UN FOUNDATION- CONSCIOUS FASHION CAMPAIGN - UNDP DON'T CHOOSE EXTINCTION CAMPAIGN

    Expenses $1,190,002 · Revenue $1,432,962

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

Listed in Part VII

  • Kerry Bannigan

    PRESIDENT OF THE BOARD

    Total calculated
    $135,799
    From this org
    $135,799
    From related orgs
    $0
    Other
    $0
    Hours/week
    30
  • Sergio Fernandez De Cordova

    EXECUTIVE CHAIRMAN

    Total calculated
    $61,137
    From this org
    $14,400
    From related orgs
    $0
    Other
    $46,737
    Hours/week
    30
  • Ariana Stolarz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Roman Rodriguez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10
  • Tina Tchen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Angelica Fuentes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Brian Gott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Stephen Keppel

    PRESIDENT, PVBLIC

    Total calculated
    $218,230
    From this org
    $204,000
    From related orgs
    $0
    Other
    $14,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,230
    Filer's total
    $218,230
  • Daniel Wilkins

    EXECUTIVE DIRECTOR, PVBLIC

    Total calculated
    $100,000
    From this org
    $100,000
    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. 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 · Independent compensation consultant

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202423209349305812

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