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Nonprofiteer
← PVBLIC FOUNDATION INC

Form 990 for tax year 2022

Filed by PVBLIC FOUNDATION INC.

Totals

Total revenue
$2,658,101
Total expenses
$3,300,846
Contributions and grants received
$318,500
Grants paid
$242,734
Program service revenue
$2,336,992
Investment income
$0
Other revenue
$2,609
Total assets, end of year
$692,828
Total liabilities, end of year
$197,633
Net assets or fund balances, end of year
$495,195
Program services expenses (Part IX)
$2,977,962
Management and general expenses
$309,689
Fundraising expenses
$13,195
Program service expenses (Part III)
$2,977,962

Program services were 90.2% 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

    $318,500

  • 2a · Program service revenue: MEDIA CAMPAIGN

    total $1,345,893 · related or exempt $1,345,893

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

    total $991,099 · related or exempt $991,099

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $2,609 · excluded $2,609

  • 11e · Other revenue, total

    $2,609

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $242,734 · program services $242,734

  • 5 · Compensation of officers, directors and key employees

    total $323,950 · program services $297,667 · management and general $26,283

  • 7 · Other salaries and wages

    total $97,059 · program services $89,183 · management and general $7,876

  • 10 · Payroll taxes

    total $28,736 · program services $26,405 · management and general $2,331

  • 11b · Fees: legal

    total $32,000 · management and general $32,000

  • 11c · Fees: accounting

    total $80,348 · management and general $80,348

  • 11g · Fees: other

    total $743,531 · program services $637,079 · management and general $93,452 · fundraising $13,000

  • 12 · Advertising and promotion

    total $19,063 · program services $18,430 · management and general $628 · fundraising $5

  • 13 · Office expenses

    total $2,663 · program services $2,098 · management and general $565

  • 14 · Information technology

    total $6,009 · program services $1,986 · management and general $4,023

  • 16 · Occupancy

    total $7,834 · program services $148 · management and general $7,686

  • 17 · Travel

    total $262,151 · program services $251,198 · management and general $10,953

  • 19 · Conferences, conventions and meetings

    total $640,075 · program services $639,575 · management and general $500

  • 20 · Interest

    total $8,803 · management and general $8,803

  • 23 · Insurance

    total $6,142 · program services $5,939 · management and general $202 · fundraising $1

  • 24a · Other expenses: MEDIA CAMPAIGN EXPENSE

    total $772,677 · program services $759,253 · management and general $13,378 · fundraising $46

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $14,542 · program services $5,184 · management and general $9,358

  • 24c · Other expenses: MISCELLANEOUS

    total $12,344 · program services $904 · management and general $11,297 · fundraising $143

  • 24d · Other expenses: STATE FILINGS & REGISTR

    total $185 · program services $179 · management and general $6 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,362,610 · end of year $692,828

  • 4 · Accounts receivable

    beginning of year $50,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,250

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

    $4,498

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

    $4,498

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $72,958 · end of year $47,633

  • 19 · Deferred revenue

    beginning of year $45,152

  • 22 · Loans and payables to officers and key people

    beginning of year $7,090

  • 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 -$32,153 · end of year $277,362

  • 28 · Net assets with donor restrictions

    beginning of year $1,170,813 · end of year $217,833

Mission and programs · 2022

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.

  • MAIN 2022 PROGRAMS: 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. 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.FAMILY OFFICE FOR SUSTAINABLE DEVELOPMENT - FOSD (LAUNCHED IN APRIL 2021): ORGANIZED BY THE PVBLIC FOUNDATION AND THE UN OFFICE FOR PARTNERSHIPS, THE FAMILY OFFICES FOR SUSTAINABLE DEVELOPMENT (FOSD) BRINGS TOGETHER GROUPS OF GLOBAL PRIME-MOVER FAMILY OFFICES COMMITTED TO ADVANCING THE COMPLETION OF THE SUSTAINABLE DEVELOPMENT GOALS IN ORDER TO CREATE GREATER IMPACT VIA COLLABORATION WITH UN AGENCIES AND WITH EACH OTHER.TRANSFORMING EDUCATION DONOR FUND AT THE VATICAN WITH POPE FRANCIS (LAUNCHED IN MAY 2021): PVBLIC FOUNDATION HAS BEEN COLLABORATING WITH POPE FRANCIS' FOUNDATION, SCHOLAS OCCURRENTES, FOR MORE THAN FIVE YEARS. IN MAY 2021, PVBLIC FOUNDATION EXECUTIVE CHAIRMAN HOSTED A PRIVATE MEETING WITH TWELVE GLOBAL A AND HIS HOLINESS POPE FRANCISLEADERS AT THE VATICAN, TO OFFICIALLY BLESS AND LAUNCH THE TRANSFORMING EDUCATION DONOR FUND WHICH WAS FORMALLY SIGNED IN DECEMBER 2019, TO SUPPORT GLOBAL EDUCATION PROJECTS.

    Expenses $2,607,120 · Grants $123,534 · Revenue $62,199

  • 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 2022 CAMPAIGNS:- ONETEN.ORG - CONSCIOUS FASHION CAMPAIGN - UNDP DON'T CHOOSE EXTINCTION CAMPAIGN

    Expenses $161,116 · Grants $119,200 · Revenue $1,345,893

  • SDG FOCUSED EVENTSSDG MEDIA ZONE (2022 YEAR ROUND): THE SDG MEDIA ZONE IS ONE OF THE MAIN FEATURES OF THE UN GENERAL ASSEMBLY HIGH-LEVEL WEEK, BRINGING TOGETHER UN MEMBER STATES, CONTENT CREATORS, INFLUENCERS, ACTIVISTS AND MEDIA PARTNERS TO HIGHLIGHT ACTIONS AND SOLUTIONS IN SUPPORT OF THE 2030 AGENDA. SO FAR WE HAVE HOSTED 25 SDG MEDIA ZONES IN 7 COUNTRIES AT EVENTS INCLUDING WORLD ECONOMIC FORUM IN DAVOS, COP AND THE SXSW FESTIVAL. HAVING OVER 1,500 SPEAKERS AND AN AUDIENCE OF 1 BILLION REACHED ACROSS 80 COUNTRIES.SDG MEDIA SUMMIT (SEPTEMBER 2022): THE SDG MEDIA SUMMIT IS AN INVITATION-ONLY EVENT THAT HIGHLIGHTS THE POWER OF MEDIA TO DRIVE SOCIAL CHANGE AND STRATEGIZE CAMPAIGNS AROUND PRESSING GLOBAL ISSUES. ORGANIZED BY THE UNITED NATIONS OFFICE FOR PARTNERSHIPS & PVBLIC FOUNDATION, THE SUMMIT SHOWCASES INNOVATIVE SOCIAL CAMPAIGNS AND MOVEMENTS THROUGH KEYNOTES, INTERVIEWS, CASE STUDIES AND ROUNDTABLES AND PROVIDES A UNIQUE OPPORTUNITY FOR DELEGATES TO ENGAGE AND LEARN FROM THE BRIGHTEST MINDS IN THE MEDIA AND BUILD LASTING PARTNERSHIPS THAT FURTHER SOCIAL PROGRESS.LATINO IMPACT SUMMIT (NOVEMBER 2022): THE LATINO IMPACT SUMMIT 2022 CELEBRATED LATIN AMERICA'S STRATEGIC COLLABORATION FOR GLOBAL SUSTAINABILITY, WHILE ALSO SETTING OUT KEY AREAS OF ACTION AND PARTNERSHIPS, IN ORDER TO MOBILIZE MEDIA, DATA, AND TECHNOLOGY TO ACHIEVE THE SDGS THROUGHOUT THE AMERICAS. THESE ISSUE AREAS WERE ADDRESSED THROUGH: KEYNOTES ON SITE, INNOVATIVE PANEL CONVERSATIONS, IMPACT AWARDS AND NETWORKING EXPERIENCES.

    Expenses $209,726 · Revenue $928,900

As filed on the 2022 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
    $56,294
    From this org
    $56,294
    From related orgs
    $0
    Other
    $0
    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
  • Sergio Fernandez De Cordova

    EXECUTIVE CHAIRMAN

    Total calculated
    $43,923
    From this org
    $14,400
    From related orgs
    $0
    Other
    $29,523
    Hours/week
    30
  • Stephen Keppel

    PRESIDENT, PVBLIC

    Total calculated
    $185,235
    From this org
    $172,500
    From related orgs
    $0
    Other
    $12,735
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,735
    Filer's total
    $185,235
  • Daniel Wilkins

    EXECUTIVE DIRECTOR, PVBLIC

    Total calculated
    $94,792
    From this org
    $94,792
    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
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303189349303415

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