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Nonprofiteer
← FIDELITY NON-PROFIT MANAGEMENT FOUNDATION

Form 990 for tax year 2022

Filed by FIDELITY NON-PROFIT MANAGEMENT FOUNDATION.

Totals

Total revenue
$137,942,315
Total expenses
$103,419,151
Contributions and grants received
$55,965,844
Grants paid
$98,274,687
Program services expenses (Part IX)
$102,495,723
Management and general expenses
$923,428
Fundraising expenses
$0
Program service expenses (Part III)
$102,495,723

Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • SUSAN HOCKFIELD

    DIRECTOR

    Total calculated
    $471,952
    From this org
    $25,000
    From related orgs
    $446,952
    Other
    $0
    Hours/week
    5

    Schedule J breakdown matched by us

    Base
    $25,000 + $446,952 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $25,000 + $446,952 related

  • THOMAS R POWERS

    DIRECTOR & VP

    Total calculated
    $25,000
    From this org
    $25,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • ROBERT A RADLOFF

    DIRECTOR & VP

    Total calculated
    $25,000
    From this org
    $25,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • EDWARD C JOHNSON IV

    DIRECTOR & CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • ELIZABETH B JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • MAURA MARX

    PRESIDENT

    Total calculated
    $771,383
    From this org
    $742,862
    From related orgs
    $0
    Other
    $28,521
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $208,000
    Bonus
    $534,862
    Other
    $0
    Deferred
    $23,233
    Nontaxable benefits
    $5,288
    Filer's total
    $771,383

  • DANIEL M ARDITO

    TREASURER

    Total calculated
    $245,021
    From this org
    $214,403
    From related orgs
    $0
    Other
    $30,618
    Hours/week
    16

    Schedule J breakdown matched by us

    Base
    $92,800
    Bonus
    $121,603
    Other
    $0
    Deferred
    $20,400
    Nontaxable benefits
    $10,218
    Filer's total
    $245,021

  • CHRISTOPHER J MCKOWN

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • MELANIE S SOMMER

    ASST SECRETARY (THRU 08/2022)

    Total calculated
    $0
    Hours/week
    5

  • KEVIN SAUNDERS

    ASST SECRETARY (AS OF 08/2022)

    Total calculated
    $216,424
    From this org
    $198,280
    From related orgs
    $0
    Other
    $18,144
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $155,780
    Bonus
    $42,500
    Other
    $0
    Deferred
    $5,404
    Nontaxable benefits
    $12,740
    Filer's total
    $216,424

  • LYDIA BERGEN

    VP, OPERATIONS

    Total calculated
    $233,101
    From this org
    $206,506
    From related orgs
    $0
    Other
    $26,595
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $121,506
    Bonus
    $85,000
    Other
    $0
    Deferred
    $24,371
    Nontaxable benefits
    $2,224
    Filer's total
    $233,101

  • CAROLINE NOLAN

    PROGRAM DIRECTOR

    Total calculated
    $262,730
    From this org
    $216,918
    From related orgs
    $0
    Other
    $45,812
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $172,918
    Bonus
    $44,000
    Other
    $0
    Deferred
    $25,275
    Nontaxable benefits
    $20,537
    Filer's total
    $262,730

  • CANDACE TEBBENKAMP

    SR PROG OFFICER, MEDICAL SCI&HEALTH

    Total calculated
    $265,347
    From this org
    $206,472
    From related orgs
    $0
    Other
    $58,875
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $174,972
    Bonus
    $31,500
    Other
    $0
    Deferred
    $34,455
    Nontaxable benefits
    $24,420
    Filer's total
    $265,347

  • KEVIN DA SILVA

    DIR, MEDICAL SCIENCE & HEALTH

    Total calculated
    $319,500
    From this org
    $286,148
    From related orgs
    $0
    Other
    $33,352
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $245,648
    Bonus
    $40,500
    Other
    $0
    Deferred
    $23,357
    Nontaxable benefits
    $9,995
    Filer's total
    $319,500

  • GLORIA LOPEZ

    SR PROGRAM OFFICER, EDUCATION

    Total calculated
    $259,259
    From this org
    $258,257
    From related orgs
    $0
    Other
    $1,002
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $136,649
    Bonus
    $24,337
    Other
    $97,271
    Deferred
    $0
    Nontaxable benefits
    $1,002
    Filer's total
    $259,259

  • BARBARA SULLIVAN

    VP, PROGRAM STRATEGY & IMPACT

    Total calculated
    $155,302
    From this org
    $129,684
    From related orgs
    $0
    Other
    $25,618
    Hours/week
    16

    Schedule J breakdown matched by us

    Base
    $95,684
    Bonus
    $34,000
    Other
    $0
    Deferred
    $17,400
    Nontaxable benefits
    $8,218
    Filer's total
    $155,302

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. FFSP ENTERED INTO WRITTEN COMPENSATION AGREEMENTS WITH ALL OF ITS EMPLOYEES ON THE DATE OF HIRE. THE COMPENSATION IN THE AGREEMENTS WERE ALL BASED ON THIRD-PARTY COMPARABILITY DATA COMPILED AND UPDATED IN 2022. IN 2022, THE FFSP COMPENSATION COMMITTEE RELIED ON THE SAME COMPARABILITY DATA WHEN MAKING YEAR END SALARY ADJUSTMENTS, DETERMINING YEAR-END BONUSES, AND AWARDING LONG-TERM COMPENSATION FOR 2022. AS A RESULT, THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT, TREASURER & ASSISTANT SECRETARY INCLUDED THE FOLLOWING: (1) PRIOR TO ENTERING INTO SUCH ARRANGEMENTS, APPROPRIATE COMPARABILITY DATA WAS OBTAINED AND USED, AND SUCH ARRANGEMENT WAS THEN REVIEWED AND APPROVED BY THE APPROPRIATE COMPENSATION COMMITTEE, OF WHICH ONLY INDEPENDENT PERSONS VOTED; AND (2) MINUTES FOR COMPENSATION COMMITTEE MEETINGS WERE PREPARED, PROVIDING CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY NOTING THE TERMS OF THE ARRANGEMENT AND DATE IT WAS APPROVED, THE COMMITTEE MEMBERS WHO WERE PRESENT AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE. SEE SCHEDULE O.
PART I, LINE 7
THE ORGANIZATION PROVIDED NON-FIXED PAYMENTS TO CERTAIN INDIVIDUALS REPORTED ON SCHEDULE J IN THE FORM OF A BONUS WHICH REFLECTED REASONABLE COMPENSATION. THE BONUS WAS NOT TIED TO THE NET REVENUES OF THE ORGANIZATION NOR WAS A JOINT VENTURE PRESENT. THE COMPENSATION COMMITTEE APPROVED AN EMPLOYMENT CONTRACT WITH THE EXECUTIVES THAT INCLUDED A YEAR END BONUS WITH A SPECIFIED CAP ON THE AMOUNT, THE COMPENSATION COMMITTEE HAS ESTABLISHED A REBUTTABLE PRESUMPTION AS TO THE NONFIXED PAYMENT WHEN THE EMPLOYMENT CONTRACT WAS ENTERED INTO BY, IN EFFECT, ASSUMING THAT THE MAXIMUM AMOUNT PAYABLE UNDER THE CONTRACT WOULD BE PAID, AND SATISFYING THE REQUIREMENTS GIVING RISE TO THE REBUTTABLE PRESUMPTION FOR THAT MAXIMUM AMOUNT. 26 C.F.R. 53.4958-6(D)(2)

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
10 November 2023
IRS schema version
2022v5.0
Source object
202323149349304177

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

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