Totals
- Total revenue
- $3,335,145
- Total expenses
- $2,272,897
- Contributions and grants received
- $2,432,556
- Grants paid
- $1,236,650
- Program service revenue
- $0
- Investment income
- $902,589
- Other revenue
- $0
- Total assets, end of year
- $33,351,605
- Total liabilities, end of year
- $833,294
- Net assets or fund balances, end of year
- $32,518,311
- Program services expenses (Part IX)
- $1,236,650
- Management and general expenses
- $678,402
- Fundraising expenses
- $357,845
- Program service expenses (Part III)
- $1,236,650
Program services were 54.4% 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.
-
1b · Membership dues
$265,500
-
1f · All other contributions, gifts and grants
$2,167,056
-
3 · Investment income
total $902,589 · related or exempt $902,589
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,236,650 · program services $1,236,650
-
7 · Other salaries and wages
total $71,317 · management and general $71,317
-
9 · Other employee benefits
total $6,734 · management and general $6,734
-
10 · Payroll taxes
total $4,142 · management and general $4,142
-
11b · Fees: legal
total $4,872 · management and general $4,872
-
11c · Fees: accounting
total $60,925 · management and general $60,925
-
11f · Fees: investment management
total $117,283 · management and general $117,283
-
11g · Fees: other
total $62,697 · management and general $62,697
-
13 · Office expenses
total $56,462 · management and general $56,462
-
16 · Occupancy
total $90,000 · management and general $90,000
-
17 · Travel
total $38,390 · management and general $38,390
-
19 · Conferences, conventions and meetings
total $53,991 · management and general $53,991
-
23 · Insurance
total $6,034 · management and general $6,034
-
24a · Other expenses: INCENTIVE AWARDS/DEVELOP
total $216,574 · fundraising $216,574
-
24b · Other expenses: ANNUAL REPORT/NEWSLETTER
total $141,271 · fundraising $141,271
-
24c · Other expenses: BANK AND MERCHANT FEES
total $64,720 · management and general $64,720
-
24d · Other expenses: UNCF ADMIN EXPENSE
total $39,209 · management and general $39,209
-
24e · All other expenses
total $1,626 · management and general $1,626
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,744,381 · end of year $987,391
-
9 · Prepaid expenses and deferred charges
end of year $12,500
-
11 · Investments: publicly traded securities
end of year $24,483,857
-
12 · Investments: other securities
beginning of year $27,129,968 · end of year $7,867,857
-
15 · Other assets
beginning of year $4,685
-
17 · Accounts payable and accrued expenses
beginning of year $150,235 · end of year $100,732
-
19 · Deferred revenue
beginning of year $95,000 · end of year $638,377
-
25 · Other liabilities
end of year $94,185
-
27 · Net assets without donor restrictions
beginning of year $28,633,099 · end of year $32,517,611
-
28 · Net assets with donor restrictions
beginning of year $700 · end of year $700
Mission and programs · 2023
Mission
THE FOUNDATION PROVIDES SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS AND GRANTS, DONATIONS, AND LEADERSHP DEVELOPMENT SUPPORT TO COMMUNITIES ACROSS THE COUNTRY.
-
THE FOUNDATION PROVIDES SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS AND GRANTS TO ORGANIZATIONS FOR COMMUNITY PROGRAMS.
Expenses $1,236,650 · Grants $1,236,650
As filed on the 2023 return.
Listed in Part VII
-
Dr Kim Lumhoo AllenDR KIM LUMHOO ALLEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Henry BrownHENRY BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
McHael BrunoMCHAEL BRUNO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Khephra BurnsKHEPHRA BURNS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Wesley ColemanWESLEY COLEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Loren DouglassLOREN DOUGLASS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anthony Hall Jr EsqANTHONY HALL JR ESQ
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
James Lockhart EsqJAMES LOCKHART ESQ
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 2
-
James Payne EsqJAMES PAYNE ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Antoine GaribaldiANTOINE GARIBALDI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Donald GoensDONALD GOENS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Robert HarrisROBERT HARRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Samuel Bacote IIISAMUEL BACOTE III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael JohnsonMICHAEL JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Calvin Tyler JrCALVIN TYLER JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert Holmes JrROBERT HOLMES JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William LightenWILLIAM LIGHTEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Frederick LoweryFREDERICK LOWERY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Irving MatthewsIRVING MATTHEWS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dwayne MurrayDWAYNE MURRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Enrique RiggsDR ENRIQUE RIGGS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Roy RobertsROY ROBERTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Derek RobinsonDEREK ROBINSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Chales Teamer SrDR CHALES TEAMER SR
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Ramon StuartRAMON STUART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marvel TurnerMARVEL TURNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nola WilliamsNOLA WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
UNITED NEGRO COLLEGE FUND
$306,000
COMMNITY PROGRAMS
-
THOMAS JEFFFERSON UNIVERSITY
$100,000
SCHOLARSHIPS
-
JAZZ AT LINCOLN CENTER
$100,000
MENTORING
-
NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC
$100,000
COMMUNITY PROGRAMS
-
CENTER FOR INNOVATIONS IN EDUCATION
$100,000
COMMUNITY PROGRAMS
-
STEAM CODERS
$50,000
COMMUNITY PROGRAMS
-
THE HISTORY MAKERS
$40,000
COMMUNITY PROGRAMS
-
THE HARLEM SCHOOL OF THE ARTS INC
$30,000
COMMUNITY PROGRAMS
-
THE JOHNY S NEWMAN JR FOUNDATION
$25,000
COMMUNITY PROGRAMS
-
THE NATIONAL MENTORING FOUNDATION
$25,000
MENTORING
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
SIGMA PI PHI FRATERNITY
501C10 · MEMBERSHIP · GA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 September 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412749349301146
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.