Form 990 for tax year 2022

Totals

Total revenue

$62,955,408

Total expenses

$59,655,544

Contributions and grants received

$61,819,628

Grants paid

$36,963,346

Program service revenue

$661,378

Investment income

$474,402

Other revenue

$0

Total assets, end of year

$54,254,399

Total liabilities, end of year

$9,200,844

Net assets or fund balances, end of year

$45,053,555

Program services expenses (Part IX)

$52,293,518

Management and general expenses

$4,783,735

Fundraising expenses

$2,578,291

Program service expenses (Part III)

$52,293,518

Program services were 87.7% 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.

Mission and programs · 2022

• PROTEUS FUND SPECIALIZES IN CONNECTING ENGAGED, MISSION-ALIGNED FUNDERS TO EACH AND TO GRANTEES THROUGH DONOR COLLABORATIVES. WE ALSO OFFER FISCAL SPONSORSHIP TO DYNAMIC SOCIAL JUSTICE INITIATIVES AS WELL AS DONOR AND GROUP ADVISED FUNDS ALIGNED WITH OUR MISSION, VISION, AND VALUES.

  Expenses $43,380,179 · Grants $31,968,583 · Revenue $661,378

• PIPER FUND IS A DONOR COLLABORATIVE THAT BRINGS TOGETHER INDIVIDUAL DONORS AND FOUNDATIONS TO DEFEND DEMOCRATIC INSTITUTIONS AND THE RULE OF LAW. THE FUND CONNECTS AND RESOURCES GRASSROOTS ORGANIZATIONS DEDICATED TO PROTECTING OUR DEMOCRACY AND ENVISIONING REFORMS TO MAKE IT MORE INCLUSIVE AND REPRESENTATIVE.

  Expenses $5,291,761 · Grants $3,265,292

• RIGHTS, INCLUSION, SOLIDARITY, AND EQUITY (RISE) TOGETHER FUND IS A DONOR COLLABORATIVE THAT BRINGS TOGETHER INDIVIDUAL DONORS AND FOUNDATIONS TO WORK ALONGSIDE IMPACTED BLACK, AFRICAN, ARAB, MUSLIM, MIDDLE EASTERN, AND SOUTH ASIAN COMMUNITIES TO ADVANCE THEIR CIVIL RIGHTS, FIGHT FOR FULL INCLUSION, AND PROMOTE THEIR CONTRIBUTIONS TO DEMOCRACY, CULTURE, AND SOCIETY.

  Expenses $1,445,600 · Grants $175,000

• Expenses $2,175,978 · Grants $1,554,471

As filed on the 2022 return.

Listed in Part VII

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

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

• VOTER REGISTRATION PROJECT

  $7,750,000

  GENERAL SUPPORT

• THE VOTER PARTICIPATION CENTER

  $3,000,000

  GENERAL SUPPORT

• CENTER FOR TECHNOLOGY AND CIVIC LIFE

  $1,000,000

  DEMOCRACY

• STATE INNOVATION EXCHANGE

  $1,000,000

  DEMOCRACY

• RETHINK MEDIA

  $770,000

  DEMOCRACY

• COMMON COUNSEL FOUNDATION

  $700,000

  RIGHTS & JUSTICE

• SOCIAL GOOD FUND

  $526,000

  RIGHTS & JUSTICE

• NONPROFIT VOTE

  $500,000

  GENERAL SUPPORT

• VOTO LATINO FOUNDATION

  $500,000

  GENERAL SUPPORT

• CENTER FOR PUBLIC INTEREST RESEARCH INC

  $500,000

  DEMOCRACY

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.

• PROTEUS ACTION LEAGUE

  501(C)(4) · SEE ATTACHED SCHEDULE · DC

Provenance

Return type

form_990

Tax year

2022

Filed

14 November 2023

IRS schema version

2022v5.0

Source object

202313189349311366

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.