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Nonprofiteer
← THE PIMCO FOUNDATION

Form 990 for tax year 2023

Filed by THE PIMCO FOUNDATION.

Totals

Total revenue
$10,446,989
Total expenses
$4,494,647
Contributions and grants received
$7,597,436
Grants paid
$4,299,231
Program service revenue
$0
Investment income
$2,849,553
Other revenue
$0
Total assets, end of year
$141,578,487
Total liabilities, end of year
$5,666,191
Net assets or fund balances, end of year
$135,912,296
Program services expenses (Part IX)
$4,299,231
Management and general expenses
$186,416
Fundraising expenses
$9,000
Program service expenses (Part III)
$4,299,231

Program services were 95.7% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $7,597,436

  • 3 · Investment income

    total $5,284,519 · excluded $5,284,519

  • 7a · Gross sales of assets other than inventory

    securities $31,071,958

  • 7b · Less cost or other basis and sales expenses

    securities $33,506,924

  • 7c · Gain or loss

    securities -$2,434,966

  • 7d · Net gain or loss

    total -$2,434,966 · excluded -$2,434,966

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,299,231 · program services $4,299,231

  • 11b · Fees: legal

    total $27,818 · management and general $27,818

  • 11c · Fees: accounting

    total $53,193 · management and general $53,193

  • 11g · Fees: other

    total $21,014 · management and general $21,014

  • 12 · Advertising and promotion

    total $9,000 · fundraising $9,000

  • 23 · Insurance

    total $13,600 · management and general $13,600

  • 24a · Other expenses: SOFTWARE - EXPENSE

    total $70,689 · management and general $70,689

  • 24b · Other expenses: BANK FEES

    total $102 · management and general $102

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,297,190 · end of year $1,917,275

  • 2 · Savings and temporary cash investments

    beginning of year $1,027,122 · end of year $555,383

  • 12 · Investments: other securities

    beginning of year $118,702,614 · end of year $139,105,829

  • 17 · Accounts payable and accrued expenses

    end of year $5,746

  • 18 · Grants payable

    beginning of year $7,648,894 · end of year $5,660,445

  • 27 · Net assets without donor restrictions

    beginning of year $113,378,032 · end of year $135,912,296

Mission and programs · 2023

Mission

OUR COMMUNITY ENGAGEMENT PLATFORM FOCUSES ON HUNGER AND GENDER EQUALITY WITH THE BELIEF THAT THESE ARE FUNDAMENTAL ISSUES CRITICAL TO HUMAN DEVELOPMENT AND SUSTAINABLE WORLDWIDE ECONOMIC GROWTH.

Activities or mission (Part I)

OUR MISSION IS TO EMPOWER PEOPLE GLOBALLY TO REACH THEIR FULL POTENTIAL.

  • GENDER EQUALITY & ECONOMIC DEVELOPMENT (GE/ED)

    Expenses $1,222,613 · Grants $1,222,613

  • HUNGER STRATEGIC PARTNERSHIPS

    Expenses $771,815 · Grants $771,815

  • LOCAL GRANTS PROGRAM

    Expenses $891,107 · Grants $891,107

  • Expenses $1,413,696 · Grants $1,413,696

As filed on the 2023 return.

Listed in Part VII

  • Manny Roman

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Candice Stack

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Julie Meggers

    TREASURER / DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Nadia Zakir

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dan Ivascyn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Sharenow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cathy Stahl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Hyman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Kiesel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Parker

    SVP FINANCIAL CONTROL HUMA

    Total calculated
    $0
    Hours/week
    1
  • Nate Brown

    DIRECTOR

    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

  • SEE ATTACHED

    $4,299,231

    UNRESTRICTED SUPPORT

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.1
Source object
202423179349305402

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