Form 990 for tax year 2023
Filed by FRIENDS OF THE FROMM INSTITUTE FOR LIFE-LONG LEARNING.
Totals
- Total revenue
- $1,547,503
- Total expenses
- $2,030,805
- Contributions and grants received
- $799,744
- Grants paid
- $1,878,382
- Program service revenue
- $614,026
- Investment income
- $133,733
- Other revenue
- $0
- Total assets, end of year
- $7,466,940
- Total liabilities, end of year
- $3,550
- Net assets or fund balances, end of year
- $7,463,390
- Program services expenses (Part IX)
- $1,878,382
- Management and general expenses
- $122,228
- Fundraising expenses
- $30,195
- Program service expenses (Part III)
- $1,878,382
Program services were 92.5% 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
$799,744
-
2a · Program service revenue: Tuition
total $614,026 · related or exempt $614,026
-
3 · Investment income
total $161,181 · excluded $161,181
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,410,590
-
7b · Less cost or other basis and sales expenses
securities $1,438,038
-
7c · Gain or loss
securities -$27,448
-
7d · Net gain or loss
total -$27,448 · excluded -$27,448
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,878,382 · program services $1,878,382
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $60,000 · management and general $30,000 · fundraising $30,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $41,150 · management and general $41,150
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $2,925 · management and general $2,925
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $44,575 · management and general $44,575
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $390 · management and general $195 · fundraising $195
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Foreign Tax
total $3,163 · management and general $3,163
-
24b · Other expenses: Filing Fees
total $220 · management and general $220
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $345,839 · end of year $162,279
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $5,892,194 · end of year $6,427,239
-
12 · Investments: other securities
beginning of year $1,101,499 · end of year $877,422
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $540 · end of year $3,550
-
27 · Net assets without donor restrictions
beginning of year $7,338,992 · end of year $7,463,390
Mission and programs · 2023
Mission
To support the Fromm Institute For Lifelong Learning program at the University of San Francisco.
-
Educational program for retired persons at the University of San Francisco. The program offers daytime, non-credit, college level courses in a wide range of academic subjects. With a faculty of over forty emeriti (retired professors), the Fromm Institute for Lifelong Learning presents approximately fifty courses each year over three eight-week sessions: Fall, Winter and Spring. While the Fromm Institute for Lifelong Learning creates a peer age setting in its classrooms, program participants also have the opportunity to interact with the multi-generational community while on the attractive and accessible campus of the University of San Francisco.
Expenses $1,878,382 · Grants $1,878,382 · Revenue $614,026
As filed on the 2023 return.
Listed in Part VII
-
Derek Leighnor
Executive Dir.
- Total calculated
- $60,000
- From this org
- $60,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Rabbi Brian Lurie
Chairperson
- Total calculated
- $0
- Hours/week
- 2
-
Roy Eisenhardt Esq
Vice-Chair.
- Total calculated
- $0
- Hours/week
- 2
-
Caroline Fromm Lurie LCSW
President
- Total calculated
- $0
- Hours/week
- 2
-
Shannon Gary
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ray Wright PhD
Executive VP
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Wagner PhD
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
John Boas
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan Bailey
Director
- Total calculated
- $0
- Hours/week
- 2
-
James Mullane
Director
- Total calculated
- $0
- Hours/week
- 2
-
Susan Letcher
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tyrone Cannon EdD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Margie Chen MD
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Rev Donal Godfrey BL SJ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Charles Goodman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joseph Lurie
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jay Mall MD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Howard Nemerovski Esq
Director
- Total calculated
- $0
- Hours/week
- 2
-
Wayne Robins
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jordan Sachs
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gerald Schall MD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joelle Steefel
Director
- Total calculated
- $0
- Hours/week
- 2
-
Louise Aronson
Director
- Total calculated
- $0
- Hours/week
- 2
-
Sally McNulty
Director
- Total calculated
- $0
- Hours/week
- 2
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
-
$1,878,382
Support the Fromm Institute
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.
-
Fromm Institute for Lifelong Learn & USF
501(C)(3) · Education programs for retired persons · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541269349302959
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.