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Nonprofiteer
← STAND TOGETHER TRUST

Form 990 for tax year 2024

Filed by STAND TOGETHER TRUST.

Totals

Total revenue
$172,644,390
Total expenses
$158,681,471
Contributions and grants received
$152,781,944
Grants paid
$132,473,446
Program service revenue
$81,537
Investment income
$12,592,399
Other revenue
$7,188,510
Total assets, end of year
$303,757,058
Total liabilities, end of year
$71,522,280
Net assets or fund balances, end of year
$232,234,778
Program services expenses (Part IX)
$151,881,221
Management and general expenses
$6,799,655
Fundraising expenses
$595
Program service expenses (Part III)
$151,881,221

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.

  • 1d · Related organizations

    $113,000,000

  • 1f · All other contributions, gifts and grants

    $39,781,944

  • 1g · Noncash contributions included above

    $9,051,546

  • 2a · Program service revenue: SERVICE REVENUE

    total $81,537 · related or exempt $81,537

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,147,795 · excluded $3,147,795

  • 6a · Gross rents

    real property $6,870,303

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $6,870,303 · personal property $0

  • 6d · Net rental income or loss

    total $6,870,303 · excluded $6,870,303

  • 7a · Gross sales of assets other than inventory

    securities $9,444,604

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

    securities $0

  • 7c · Gain or loss

    securities $9,444,604 · other assets $0

  • 7d · Net gain or loss

    total $9,444,604 · excluded $9,444,604

  • 11a · Other revenue: PARTNERSHIP INCOME

    total $309,450 · related or exempt $0 · unrelated business $309,450 · excluded $0

  • 11b · Other revenue: OTHER INCOME

    total $8,757 · related or exempt $0 · unrelated business $0 · excluded $8,757

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $318,207

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $132,021,756 · program services $132,021,756

  • 2 · Grants to domestic individuals

    total $371,690 · program services $371,690

  • 3 · Grants to foreign organizations and individuals

    total $80,000 · program services $80,000

  • 7 · Other salaries and wages

    total $4,656,784 · program services $4,191,107 · management and general $465,677

  • 8 · Pension plan contributions

    total $233,680 · program services $210,312 · management and general $23,368

  • 9 · Other employee benefits

    total $444,152 · program services $399,737 · management and general $44,415

  • 10 · Payroll taxes

    total $365,100 · program services $328,590 · management and general $36,510

  • 11c · Fees: accounting

    total $145,220 · management and general $145,220

  • 11g · Fees: other

    total $4,606,329 · program services $1,014,336 · management and general $3,591,398 · fundraising $595

  • 12 · Advertising and promotion

    total $147,727 · program services $98,101 · management and general $49,626

  • 13 · Office expenses

    total $14,038 · program services $6,955 · management and general $7,083

  • 16 · Occupancy

    total $6,497,758 · program services $5,847,983 · management and general $649,775

  • 17 · Travel

    total $337,333 · program services $337,333

  • 19 · Conferences, conventions and meetings

    total $2,381,669 · program services $1,809,997 · management and general $571,672

  • 20 · Interest

    total $2,479 · management and general $2,479

  • 22 · Depreciation, depletion and amortization

    total $5,734,656 · program services $5,161,190 · management and general $573,466

  • 23 · Insurance

    total $5,922 · management and general $5,922

  • 24a · Other expenses: IMPAIRMENT LOSS

    total $300,000 · program services $0 · management and general $300,000 · fundraising $0

  • 24b · Other expenses: TAXES

    total $296,036 · program services $0 · management and general $296,036 · fundraising $0

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $39,142 · program services $2,134 · management and general $37,008 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,339,061 · end of year $2,791,321

  • 2 · Savings and temporary cash investments

    beginning of year $15,093,433 · end of year $75,585,022

  • 3 · Pledges and grants receivable

    beginning of year $12,351,000 · end of year $11,659,500

  • 4 · Accounts receivable

    beginning of year $504,252 · end of year $797,714

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $300,000 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $369,530 · end of year $637,218

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

    $52,494,698

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

    $6,696,051

  • 10c · Land, buildings and equipment, net

    beginning of year $38,790,785 · end of year $45,798,647

  • 11 · Investments: publicly traded securities

    beginning of year $69,990,705 · end of year $9,073,530

  • 12 · Investments: other securities

    beginning of year $125,051,365 · end of year $112,748,336

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0

  • 15 · Other assets

    beginning of year $43,868,475 · end of year $44,665,770

  • 17 · Accounts payable and accrued expenses

    beginning of year $48,261 · end of year $86,262

  • 18 · Grants payable

    beginning of year $5,093,666 · end of year $1,246,038

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $750,000 · end of year $0

  • 25 · Other liabilities

    beginning of year $64,043,452 · end of year $70,189,980

  • 27 · Net assets without donor restrictions

    beginning of year $216,731,097 · end of year $211,799,447

  • 28 · Net assets with donor restrictions

    beginning of year $20,992,130 · end of year $20,435,331

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0

Mission and programs · 2024

Mission

STAND TOGETHER TRUST FUNDS INITIATIVES THAT SUPPORT BOTTOM-UP SOLUTIONS BY EMPOWERING PEOPLE THROUGH KEY INSTITUTIONS LIKE BUSINESS, COMMUNITIES, EDUCATION, AND GOVERNMENT.

Activities or mission (Part I)

STAND TOGETHER TRUST PROVIDES SUPPORT TO A GROWING NETWORK OF SOCIAL ENTREPRENEURS - THOSE TACKLING THE MAJOR CHALLENGES OF OUR TIME (CONTINUED ON SCHEDULE O)

  • STAND TOGETHER TRUST CONNECTS SOCIAL ENTREPRENEURS AND POLICY INNOVATORS WITH RESOURCES-FUNDING, INCUBATION, TALENT, AND STRATEGIC SUPPORT-TO ACCELERATE THEIR IMPACT AND ADDRESS THE ROOT CAUSES OF OUR COUNTRY'S TOUGHEST CHALLENGES.

    Expenses $151,881,221 · Grants $132,473,446 · Revenue $81,537

As filed on the 2024 return.

Listed in Part VII

  • Brian Hooks

    Director

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Charles Chase Koch

    Director

    Total calculated
    $0
    Hours/week
    1 + 6 related

  • Dale Gibbens

    Director

    Total calculated
    $7,093
    From this org
    $0
    From related orgs
    $7,093
    Other
    $0
    Hours/week
    1 + 6 related

  • David L Robertson

    Director

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Derek Johnson

    Executive Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Henrich Heuer

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Weston Edwards

    Secretary

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Adam Millsap

    Senior Fellow, Economic Progress

    Total calculated
    $234,159
    From this org
    $211,788
    From related orgs
    $0
    Other
    $22,371
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $211,788
    Bonus
    $0
    Other
    $0
    Deferred
    $12,785
    Nontaxable benefits
    $9,586
    Filer's total
    $234,159

  • Michael Wilt

    Program Officer, Constitutionally Limited Government

    Total calculated
    $177,229
    From this org
    $169,591
    From related orgs
    $0
    Other
    $7,638
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $154,591
    Bonus
    $15,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,638
    Filer's total
    $177,229

  • Nicole Gordan

    Program Officer, Constitutionally Limited Government

    Total calculated
    $199,189
    From this org
    $169,156
    From related orgs
    $0
    Other
    $30,033
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $134,156
    Bonus
    $35,000
    Other
    $0
    Deferred
    $10,500
    Nontaxable benefits
    $19,533
    Filer's total
    $199,189

  • Russell Greene

    Senior Fellow, Economic Progress

    Total calculated
    $240,616
    From this org
    $215,967
    From related orgs
    $0
    Other
    $24,649
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $195,967
    Bonus
    $20,000
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $12,649
    Filer's total
    $240,616

  • Vikrant Reddy

    Senior Fellow, Constitutionally Limited Government

    Total calculated
    $212,631
    From this org
    $200,120
    From related orgs
    $0
    Other
    $12,511
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $200,120
    Bonus
    $0
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $511
    Filer's total
    $212,631

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

  • 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)

Schedule J, Part I, Line 7 Non-fixed payments
INCENTIVE COMPENSATION IS BASED ON EXTRAORDINARY EFFORTS AND SERVICES PROVIDED TO THE ORGANIZATION, NOT BASED ON FINANCIAL RESULTS OF THE ORGANIZATION.

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

  • SEE ATTACHED

    $131,967,634

    VARIOUS

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • UNIVERSITY FUND LLC

    PROJECTS · DE · income $6,641,795 · assets $8,568,479

    Directly controlled by STT

  • ICTLL1 LLC

    EDUCATION · DE · income $8,757 · assets $7,841,146

    Directly controlled by STT

  • STT EVENTS LLC

    EVENTS · DE · income $0 · assets $0

    Directly controlled by STT

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • STVL3 LLC

    Excluded · INVESTMENTS · DE · 75.33% owned · share of income $1,023,286 · share of assets $32,767,619

    Directly controlled by STT

  • TRUST VENTURES AI FUND LP

    Excluded · INVESTMENTS · DE · 99.79% owned · share of income $70,862 · share of assets $6,318,406

    Directly controlled by STT

  • 1888 NPO FUND LLC

    N/A · INVESTMENTS · KS

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PBM CENTER INC

    C Corporation · CONSULTING · DE · controlled entity

    Directly controlled by NA

  • CHARITABLE REMAINDER TRUST (1)

    Trust · CHARITABLE TRUST · VA

    Directly controlled by NA

  • WHITE ALBUM INC

    C Corporation · HOLDING COMPANY · DE · controlled entity

    Directly controlled by STFEL

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.1
Source object
202503219349312125

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