Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $33,495

• 1d · Related organizations

  $474,122

• 1f · All other contributions, gifts and grants

  $12,677,521

• 1g · Noncash contributions included above

  $1,789,924

• 3 · Investment income

  total $16,716,700 · excluded $16,716,700

• 7a · Gross sales of assets other than inventory

  securities $629,863,420

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

  securities $617,822,555

• 7c · Gain or loss

  securities $12,040,865

• 7d · Net gain or loss

  total $12,040,865 · excluded $12,040,865

• 11a · Other revenue: AUXILLIARY INCOME

  total $25,087 · excluded $25,087

• 11e · Other revenue, total

  $25,087

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $19,947,129 · program services $19,947,129

• 2 · Grants to domestic individuals

  total $1,310,568 · program services $1,310,568

• 5 · Compensation of officers, directors and key employees

  total $865,468 · program services $171,272 · management and general $527,513 · fundraising $166,683

• 7 · Other salaries and wages

  total $2,617,541 · program services $876,516 · management and general $1,041,819 · fundraising $699,206

• 8 · Pension plan contributions

  total $142,105 · program services $48,787 · management and general $54,803 · fundraising $38,515

• 9 · Other employee benefits

  total $458,467 · program services $127,060 · management and general $195,748 · fundraising $135,659

• 10 · Payroll taxes

  total $255,571 · program services $76,751 · management and general $114,635 · fundraising $64,185

• 11b · Fees: legal

  total $36,335 · program services $1,834 · management and general $31,971 · fundraising $2,530

• 11c · Fees: accounting

  total $50,238 · management and general $50,238

• 11d · Fees: lobbying

  total $1,875 · management and general $1,875

• 11f · Fees: investment management

  total $966,514 · management and general $966,514

• 11g · Fees: other

  total $1,925,774 · program services $330,264 · management and general $1,589,780 · fundraising $5,730

• 12 · Advertising and promotion

  total $109,211 · management and general $46,309 · fundraising $62,902

• 13 · Office expenses

  total $157,980 · program services $16,483 · management and general $114,169 · fundraising $27,328

• 14 · Information technology

  total $349,309 · program services $23,268 · management and general $265,601 · fundraising $60,440

• 16 · Occupancy

  total $265,497 · program services $258 · management and general $265,191 · fundraising $48

• 17 · Travel

  total $113,889 · program services $22,392 · management and general $74,055 · fundraising $17,442

• 19 · Conferences, conventions and meetings

  total $198,267 · program services $40,032 · management and general $129,660 · fundraising $28,575

• 22 · Depreciation, depletion and amortization

  total $54,233 · management and general $15,933 · fundraising $38,300

• 23 · Insurance

  total $11,777 · management and general $11,777

• 24a · Other expenses: INDIRECT COSTS

  total $109,483 · program services $709,905 · management and general -$1,343,030 · fundraising $742,608

• 24b · Other expenses: MEMBERSHIPS

  total $28,875 · management and general $23,167 · fundraising $5,708

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,662,802 · end of year $3,605,056

• 3 · Pledges and grants receivable

  beginning of year $5,118,260 · end of year $3,702,705

• 9 · Prepaid expenses and deferred charges

  beginning of year $522,186 · end of year $479,507

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

  $1,307,146

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

  $1,201,696

• 10c · Land, buildings and equipment, net

  beginning of year $159,683 · end of year $105,450

• 11 · Investments: publicly traded securities

  beginning of year $215,340,486 · end of year $182,721,010

• 12 · Investments: other securities

  beginning of year $441,570,074 · end of year $368,681,282

• 13 · Investments: program-related

  beginning of year $3,287,331 · end of year $1,701,141

• 15 · Other assets

  beginning of year $7,431,837 · end of year $6,975,815

• 17 · Accounts payable and accrued expenses

  beginning of year $1,400,315 · end of year $2,831,060

• 18 · Grants payable

  beginning of year $1,624,747 · end of year $67,750

• 24 · Unsecured notes and loans payable

  beginning of year $95,000 · end of year $35,000

• 25 · Other liabilities

  beginning of year $2,662,960 · end of year $2,441,402

• 27 · Net assets without donor restrictions

  beginning of year $48,696,768 · end of year $38,290,047

• 28 · Net assets with donor restrictions

  beginning of year $622,612,869 · end of year $524,306,707

The filer's explanations (Part III)

PART I, LINE 4A

CAROLYN PICKETT-ERWAY RECEIVED A SEVERANCE PAYMENT OF 61,857 DURING 2022.