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Nonprofiteer
← FUND FOR CHANGE INC

Form 990 for tax year 2022

Filed by FUND FOR CHANGE INC.

Totals

Total revenue
$284,432
Total expenses
$955,008
Contributions and grants received
$274,221
Grants paid
$899,950
Program services expenses (Part IX)
$899,950
Management and general expenses
$55,058
Fundraising expenses
$0
Program service expenses (Part III)
$899,950

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KAREN H KREISBERG

    PRESIDENT & PUBLIC DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • JEAN K KAHN

    VICE PRESIDENT & DONOR DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • BETSY L KRIEGER

    SECRETARY & DONOR DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • MARC B TERRILL

    TREASURER & PUBLIC DIRECTOR

    Total calculated
    $887,578
    From this org
    $0
    From related orgs
    $841,681
    Other
    $45,897
    Hours/week
    0.15 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $727,510 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $39,171 related
    Deferred
    $0 + $11,529 related
    Nontaxable benefits
    $0 + $34,368 related
    Filer's total
    $0 + $887,578 related
  • DAVID A KANDEL

    DONOR DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • MARC A KAHN

    DONOR DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • BRENT FLICKINGER

    PUBLIC DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • MARY JO KIRSCHMAN

    PUBLIC DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • HOWARD B MILLER

    PUBLIC DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15

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 — 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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 4B
MARC TERRILL PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION PLAN. THERE WERE NO AMOUNTS VESTED OR RECEIVED FROM THE PLAN DURING THE TAX YEAR. MARC TERRILL HAS A CONTRACT EXECUTED ON JULY 1, 2020, THE TERMS AND CONDITIONS OF THE DEFERRED COMPENSATION PLAN ARE OUTLINED IN THE CONTRACT.
PART II, COLUMN A
THE DIRECTORS OF THE FUND FOR CHANGE INC. RECEIVE NO COMPENSATION FOR THEIR SERVICES, HOWEVER, ONE OF THE DIRECTORS IS EMPLOYED BY THE SUPPORTED ENTITY, THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC. (THE ASSOCIATED). ALL OF THE COMPENSATION AND BENEFITS ARE PAID BY THE ASSOCIATED, NONE OF IT IS ATTRIBUTABLE TO THE SERVICE AS A DIRECTOR AND/OR OFFICER OF THE FOUNDATION.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
1 May 2023
IRS schema version
2022v5.0
Source object
202321249349302567

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

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