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Nonprofiteer
← PLOUGHSHARES FUND INC

Form 990 for tax year 2024

Filed by PLOUGHSHARES FUND INC.

Totals

Total revenue
$5,221,356
Total expenses
$7,613,345
Contributions and grants received
$3,093,896
Grants paid
$3,119,923
Program service revenue
$0
Investment income
$1,557,425
Other revenue
$570,035
Total assets, end of year
$24,433,502
Total liabilities, end of year
$2,815,530
Net assets or fund balances, end of year
$21,617,972
Program services expenses (Part IX)
$5,679,058
Management and general expenses
$915,743
Fundraising expenses
$1,018,544
Program service expenses (Part III)
$5,679,058

Program services were 74.6% 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

    $3,093,896

  • 1g · Noncash contributions included above

    $40,805

  • 3 · Investment income

    total $363,814 · excluded $363,814

  • 7a · Gross sales of assets other than inventory

    securities $6,253,194

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

    securities $5,059,583

  • 7c · Gain or loss

    securities $1,193,611

  • 7d · Net gain or loss

    total $1,193,611 · excluded $1,193,611

  • 11a · Other revenue: K-1'S FROM PARTNERSHIPS

    total $570,035 · unrelated business $14,611 · excluded $555,424

  • 11e · Other revenue, total

    $570,035

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,839,923 · program services $2,839,923

  • 3 · Grants to foreign organizations and individuals

    total $280,000 · program services $280,000

  • 5 · Compensation of officers, directors and key employees

    total $621,113 · program services $347,728 · management and general $124,637 · fundraising $148,748

  • 7 · Other salaries and wages

    total $1,650,326 · program services $989,282 · management and general $230,773 · fundraising $430,271

  • 8 · Pension plan contributions

    total $116,791 · program services $69,017 · management and general $18,094 · fundraising $29,680

  • 9 · Other employee benefits

    total $143,076 · program services $84,771 · management and general $21,971 · fundraising $36,334

  • 10 · Payroll taxes

    total $166,628 · program services $97,530 · management and general $26,426 · fundraising $42,672

  • 11b · Fees: legal

    total $16,887 · management and general $16,887

  • 11c · Fees: accounting

    total $34,855 · management and general $34,855

  • 11e · Fees: professional fundraising services

    total $8,710 · fundraising $8,710

  • 11f · Fees: investment management

    total $143,120 · management and general $143,120

  • 11g · Fees: other

    total $468,818 · program services $341,253 · management and general $100,139 · fundraising $27,426

  • 12 · Advertising and promotion

    total $29,497 · program services $28,464 · fundraising $1,033

  • 13 · Office expenses

    total $156,226 · program services $72,935 · management and general $18,157 · fundraising $65,134

  • 14 · Information technology

    total $138,546 · program services $80,933 · management and general $17,686 · fundraising $39,927

  • 16 · Occupancy

    total $386,052 · program services $225,445 · management and general $61,499 · fundraising $99,108

  • 17 · Travel

    total $112,925 · program services $43,717 · management and general $60,673 · fundraising $8,535

  • 19 · Conferences, conventions and meetings

    total $173,713 · program services $113,869 · management and general $17,614 · fundraising $42,230

  • 22 · Depreciation, depletion and amortization

    total $4,044 · program services $2,362 · management and general $644 · fundraising $1,038

  • 23 · Insurance

    total $11,837 · program services $2,716 · management and general $7,926 · fundraising $1,195

  • 24a · Other expenses: STAFF RECRUITMENT, TRAI

    total $40,421 · program services $23,482 · management and general $6,432 · fundraising $10,507

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $36,627 · program services $35,631 · fundraising $996

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $25,000 · fundraising $25,000

  • 24d · Other expenses: LICENSES AND PERMITS

    total $8,210 · management and general $8,210

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $273,995 · end of year $423,796

  • 2 · Savings and temporary cash investments

    beginning of year $55,771 · end of year $1,065,228

  • 3 · Pledges and grants receivable

    beginning of year $1,882,963 · end of year $1,596,895

  • 9 · Prepaid expenses and deferred charges

    beginning of year $33,354 · end of year $70,841

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

    $267,111

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

    $169,605

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $97,506

  • 11 · Investments: publicly traded securities

    beginning of year $18,408,744 · end of year $16,132,866

  • 12 · Investments: other securities

    beginning of year $5,586,461 · end of year $3,544,250

  • 15 · Other assets

    beginning of year $1,100,774 · end of year $1,502,120

  • 17 · Accounts payable and accrued expenses

    beginning of year $395,881 · end of year $167,912

  • 18 · Grants payable

    beginning of year $2,136,000 · end of year $1,358,000

  • 25 · Other liabilities

    beginning of year $800,220 · end of year $1,289,618

  • 27 · Net assets without donor restrictions

    beginning of year $2,219,962 · end of year $1,494,912

  • 28 · Net assets with donor restrictions

    beginning of year $21,789,999 · end of year $20,123,060

Mission and programs · 2024

Mission

OUR MISSION IS TO REDUCE AND EVENTUALLY ELIMINATE THE THREAT OF NUCLEAR WEAPONS. WE DO CRITICAL WORK TO DRIVE COLLABORATIVE ACTION WITHIN THE NUCLEAR FIELD AND PROVIDE FUNDING TO EXPERTS AND ORGANIZATIONS FOCUSED ON MITIGATING THE THREAT.

Activities or mission (Part I)

OUR MISSION IS TO REDUCE AND EVENTUALLY ELIMINATE THE THREAT OF NUCLEAR WEAPONS.

  • PLOUGHSHARES ADVANCED ITS MISSION TO REDUCE THE THREAT OF NUCLEAR WEAPONS BY INVESTING IN ORGANIZATIONS, LEADERS, AND STRATEGIES THAT STRENGTHEN THE FIELD. THE ORGANIZATION PROVIDED GRANTS AND SUPPORT TO 46 ORGANIZATIONS IN THE UNITED STATES AND INTERNATIONALLY, ENABLING PARTNERS TO RESPOND TO EMERGING NUCLEAR RISKS, RESIST A RENEWED ARMS RACE, AND ADVOCATE FOR POLICIES THAT ENHANCE GLOBAL SECURITY. PLOUGHSHARES' FIELD-BUILDING EFFORTS CONNECTED ADVOCATES, FOSTERED COORDINATION, AND SUPPORTED COALITIONS WORKING TO PREVENT NUCLEAR TESTING AND PROMOTE DE-ESCALATION. COMMUNICATIONS INITIATIVES EXPANDED PUBLIC UNDERSTANDING OF NUCLEAR DANGERS THROUGH RESEARCH, MEDIA ENGAGEMENT, AND DIGITAL STORYTELLING, ELEVATING EXPERT VOICES AND INFORMING POLICYMAKERS AND THE PUBLIC. THROUGH THESE COMBINED EFFORTS, PLOUGHSHARES HELPED SUSTAIN A RESILIENT, EFFECTIVE NETWORK OF ACTORS DEDICATED TO REDUCING NUCLEAR THREATS.

    Expenses $5,679,058 · Grants $3,119,923

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alen Amini

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy McGrath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ben Rhodes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Connie Foote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Don Mordecai

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Emma Belcher

    PRESIDENT

    Total calculated
    $445,236
    From this org
    $402,031
    From related orgs
    $0
    Other
    $43,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $402,031
    Bonus
    $0
    Other
    $0
    Deferred
    $19,735
    Nontaxable benefits
    $23,470
    Filer's total
    $445,236

  • Ethan Kelly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gretchen Hund

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • John Feikema

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Margaret A Tough

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Micahel Wear

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael McQuade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Philip Ames

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Scott Sagan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shamil Idris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shannon Sedgwick Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Skyler Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tyler Wigg-Stevenson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Warner

    EXECUTIVE DIRECTOR

    Total calculated
    $235,396
    From this org
    $179,861
    From related orgs
    $0
    Other
    $55,535
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,861
    Bonus
    $0
    Other
    $0
    Deferred
    $11,067
    Nontaxable benefits
    $44,468
    Filer's total
    $235,396

  • Bonnie Fisk

    DEVELOPMENT DIRECTOR

    Total calculated
    $163,126
    From this org
    $137,198
    From related orgs
    $0
    Other
    $25,928
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,198
    Bonus
    $0
    Other
    $0
    Deferred
    $8,425
    Nontaxable benefits
    $17,503
    Filer's total
    $163,126

  • Charles Crosby

    COMMUNICATIONS & MARKETING DIRECTOR

    Total calculated
    $160,436
    From this org
    $144,130
    From related orgs
    $0
    Other
    $16,306
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,130
    Bonus
    $0
    Other
    $0
    Deferred
    $8,856
    Nontaxable benefits
    $7,450
    Filer's total
    $160,436

  • Jamshade Faani

    FINANCE DIRECTOR/CONTROLLE

    Total calculated
    $184,418
    From this org
    $143,130
    From related orgs
    $0
    Other
    $41,288
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,130
    Bonus
    $0
    Other
    $0
    Deferred
    $7,676
    Nontaxable benefits
    $33,612
    Filer's total
    $184,418

  • John Carl Baker

    PROGRAMS DIRECTOR

    Total calculated
    $127,796
    From this org
    $112,027
    From related orgs
    $0
    Other
    $15,769
    Hours/week
    40

  • Sara Kutchesfahani

    DIRECTOR OF PROGRAMS

    Total calculated
    $194,490
    From this org
    $167,178
    From related orgs
    $0
    Other
    $27,312
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,178
    Bonus
    $0
    Other
    $0
    Deferred
    $8,823
    Nontaxable benefits
    $18,489
    Filer's total
    $194,490

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 · Written employment contract
  • 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

  • PRESIDENT AND FELLOWS OF MIDDLEBURY COLLEGE

    $205,000

    TO SUPPORT A FELLOWSHIP PROGRAM FOR NUCLEAR EXPERTS IMPACTED BY THE INVASION OF UKRAINE, TO SUPPORT JEFFREY LEWIS' RESEARCH, ANALYSIS, AND MEDIA OUTREACH ON NUCLEAR AND MISSILE ACTIVITIES IN NORTH KOREA AND CHINA, TO SUPPORT ACTIVITIES OF THE MIDDLE EAST NEXT GENERATION OF ARMS CONTROL SPECIALISTS TO PROMOTE REGIONAL SECURITY IN THE MIDDLE EAST AND TO SUPPORT THE DEVELOPMENT AND EXECUTION OF THE NUCLEAR FUTURES FELLOWSHIP CAPSTONE PROJECT.

  • INTERNATIONAL CIVIL SOCIETY ACTION NETWORK

    $190,000

    TO SUPPORT ORGANIZATIONS OF THE WOMENS ALLIANCE FOR SECURITY LEADERSHIP IN SOUTH ASIA AND THE MIDDLE EAST THROUGH THE INNOVATIVE PEACE FUND.

  • ARMS CONTROL ASSOCIATION

    $178,000

    TO FUND CONTINUED RESEARCH, PUBLIC EDUCATION, MEDIA OUTREACH, POLICY ADVOCACY, AND CONGRESSIONAL ENGAGEMENT ON PRESSING NUCLEAR POLICY ISSUES AND TO SUPPORT THE PHYSICISTS COALITION FOR NUCLEAR THREAT REDUCTION'S GRASSROOTS NETWORK OF SCIENTISTS AS THEY EDUCATE AND ADVOCATE FOR POLICY CHANGE.

  • FOREIGN POLICY FOR AMERICA

    $125,000

    TO SUPPORT ACTIVITIES PROMOTING A DIPLOMACY-FIRST FOREIGN POLICY FOR THE UNITED STATES, PARTICULARLY ON NUCLEAR WEAPONS ISSUES.

  • INKSTICK MEDIA

    $125,000

    TO SUPPORT THE FOREIGN AFFAIRS, DEFENSE, AND NATIONAL SECURITY MAGAZINE INKSTICK.

  • RETHINK MEDIA

    $125,000

    TO SUPPORT COLLABORATIVE MEDIA TRAINING AND CONTENT CREATION RELATED TO LOCALIZED COVERAGE OF THE BULLETIN OF THE ATOMIC SCIENTISTS' ANNUAL DOOMSDAY CLOCK ANNOUNCEMENT AND TO SUPPORT RETHINK MEDIA'S EFFORTS TO ENHANCE THE MEDIA SKILLS OF THE NUCLEAR POLICY COMMUNITY AND BUILD SUPPORT FOR BETTER NUCLEAR POLICY IN THE UNITED STATES.

  • UNION OF CONCERNED SCIENTISTS

    $120,000

    TO BRING IMPACTED COMMUNITY MEMBERS TO WASHINGTON, DC TO EDUCATE POLICY MAKERS ABOUT THE RADIATION EXPOSURE COMPENSATION ACT (RECA) AND TO SUPPORT EFFORTS TO LIMIT THE SIZE OF THE US NUCLEAR ARSENAL, LOWER THE RISK OF NUCLEAR WAR, AND PROVIDE JUSTICE TO IMPACTED COMMUNITIES.

  • FRIENDS COMMITTEE ON NATIONAL LEGISLATION

    $110,000

    TO SUPPORT ADVOCACY EFFORTS IN CONGRESS TO PROMOTE SAFER NUCLEAR POLICIES AND DIPLOMACY WITH RELEVANT STATES.

  • CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE

    $100,000

    TO ADVANCE DIPLOMACY AND SUPPORT POLICY DIALOGUES ON KEY ISSUES, TO SUPPORT A CARNEGIE POLICY DIALOGUE ON KEY ISSUES AND TO SUPPORT THE DEVELOPMENT AND EXECUTION OF THE NUCLEAR FUTURES FELLOWSHIP CAPSTONE PROJECT.

  • HORIZON 2045 FOUNDATION

    $100,000

    TO SUPPORT HORIZON 2045'S WORK ON IDENTIFYING AND EXECUTING DISRUPTIVE LEGAL AND NORMATIVE STRATEGIES TO HELP SHIFT THE NUCLEAR WEAPONS SYSTEM TOWARDS DISARMAMENT AND PROHIBITION.

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
27 March 2026
IRS schema version
2024v5.5
Source object
202620979349300102

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

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