Form 990 for tax year 2022

Totals

Total revenue

$947,175

Total expenses

$1,443,760

Contributions and grants received

$1,008,585

Grants paid

$886,000

Program service revenue

$0

Investment income

-$61,410

Other revenue

$0

Total assets, end of year

$1,930,496

Total liabilities, end of year

$352,492

Net assets or fund balances, end of year

$1,578,004

Program services expenses (Part IX)

$998,923

Management and general expenses

$414,868

Fundraising expenses

$29,969

Program service expenses (Part III)

$998,923

Program services were 69.2% 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.

Mission and programs · 2022

• THE ORGANIZATION'S PRIMARY PROGRAM IS TO RAISE AND DISTRIBUTE FUNDS TO HELP WORKERS GET MORE ENGAGED IN THE ISSUES THAT AFFECT THEIR DAILY LIVES BY: CREATING OPPORTUNITIES FOR WORKERS TO COME TOGETHER AND SPEAK OUT; MAKING GRANTS TO AND BUILDING THE NETWORK OF NONPROFIT ORGANIZATIONS SERVING RESTAURANT WORKERS; AND INVESTING CAPITAL TO SUPPORT AND GROW RESTAURANT BUSINESSES THAT ARE IMPROVING CONDITIONS FOR WORKERS.-GENERAL GRANTMAKING TO NONPROFITS SERVING RESTAURANT WORKERS IN OUR FOUR PROGRAM AREAS: *WAGES & CAREER LADDERS*GENDER EQUITY & SEXUAL VIOLENCE PREVENTION*RACIAL EQUITY & SUPPORT FOR IMMIGRANT WORKERS*MENTAL HEALTH & SUBSTANCE MISUSE-COMMUNITY-BUILDING AND ADVOCACY *RESTAURANT MANAGERS NETWORK*POLICY COMMITTEE WORK*COMMUNICATIONS COMMITTEE WORK INCLUDING NEWSLETTERS, PUBLIC ANNOUNCEMENTS, SOCIAL MEDIA, #RWCFTALKS, ETC. -IMPACT INVESTING*DEVELOPING INVESTMENT STRATEGIES THAT DIRECT RESOURCES TO PRO-LABOR BUSINESS THAT CAN POSITIVELY SHAPE THE RESTAURANT INDUSTRY

  Expenses $112,923

• -RESTAURANT WORKERS COVID-19 CRISIS RELIEF FUND, WHICH HAD THREE MAIN COMPONENTS WITH THREE SLIGHTLY DIFFERENT POPULATIONS, BUT ALL ULTIMATELY SERVING THE INTERESTS OF RESTAURANT WORKERS. MOST DONORS DESIGNATED FUNDS TO ALL THREE COMPONENTS OF THE CRISIS FUND (WITH EXPLICIT UNDERSTANDING THAT 10% OF ANY DONATION OVER $10,000 WOULD BE DIRECTED TO GENERAL OPERATING SUPPORT FOR RWCF'S CORE OPERATIONS:* DIRECT FINANCIAL RELIEF FOR RESTAURANT WORKERS, WITH OUR CASE MANAGEMENT PARTNER SOUTHERN SMOKE FOUNDATION, RWCF DIRECTED 50% OF ALL FUNDS RAISED FOR THE CRISIS RELIEF FUND IN THIS AREA. A SMALL PORTION OF DONORS REQUESTED THAT THEIR FUNDS GO ONLY TO THIS PORTION OF THE CRISIS FUND, WHICH OUR ACCOUNTING SYSTEM TRACKED. *GRANTS TO NONPROFITS PROVIDING WORKERS EMERGENCY SERVICES, WITH CRISIS SERVICES PROVIDED INCLUDING THINGS LIKE PRO BONO LEGAL SERVICES, FOOD ASSISTANCE, EMPLOYMENT DISTRIBUTING FOOD TO OTHER POPULATIONS, MENTAL HEALTH AND SUBSTANCE MISUSE HELP, DOMESTIC VIOLENCE HELP, ETC. NO FUNDERS DIRECTED THEIR DONATIONS ONLY TO THIS PORTION OF THE FUND. *RESTAURANT FUTURES LOAN PROGRAM, WITH OUR CDFI PARTNER ASCENDUS (FORMERLY ACCION EAST), 25% OF THE CRISIS FUND GOES TO THIS ZERO-INTEREST LOAN PROGRAM TO HELP SMALL RESTAURANT BUSINESSES THAT ARE WILLING TO EXAMINE THEIR LABOR PRACTICES, WITH THE GOAL OF CREATING A GREATER NUMBER OF PRO-WORKER BUSINESSES AND A PORTFOLIO OF SUCCESS STORIES TO COMMUNICATE TO THE PUBLIC. A SMALL PORTION OF DONORS TO THE CRISIS FUND SAID THAT THEIR FUNDS COULDN'T SUPPORT THIS AREA OF THE FUND, WHICH OUR ACCOUNTING SYSTEM TRACKED.

  Expenses $886,000 · Grants $886,000

• -RESTAURANT WORKERS RACIAL JUSTICE FUND (DEVELOPED IN 2020 BUT PUBLICLY LAUNCHED IN 2021).*THIS INITIATIVE WILL RAISE FUNDS AND DISTRIBUTE GRANTS TO SUPPORT NONPROFITS WHERE LEADERS ARE ADVOCATING FOR RACIAL JUSTICE WITHIN THE RESTAURANT, FOOD MEDIA AND RELATED HOSPITALITY AREAS. RWCF DID NOT START RAISING FUNDS OR BUDGET ITS OWN OPERATING FUNDS TO THIS INITIATIVE UNTIL 2021.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

• ASCENDUS

  $375,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• SOUTHERN SMOKE

  $141,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• THE BIG TABLE

  $50,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• THE GIVING KITCHEN INITIATIVE

  $50,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• IN THE WEEDS INC

  $35,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• ALLIANCE FOR GLOBAL JUSTICE FISCAL SPONSOR FO QUEER FOOD FOUNDATION

  $35,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• STUDIO ATAO INC

  $35,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• TINY SEED PROJECT INC

  $35,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• EMMA'S TORCH

  $15,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

• LA COCINA

  $15,000

  TO SUPPORT THE ORGANIZATION'S MISSION.

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2022

Filed

4 August 2023

IRS schema version

2022v5.0

Source object

202332169349300518

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.