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FUND FOR A BETTER FUTURE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FUND FOR A BETTER FUTURE INC (EIN 81-2319758)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-11
IRS object ID
202422859349301632
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-11T13:16:43-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521392008PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELMAN ROSENBERG & FREEDMANBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14550 MONTGOMERY AVE SUITE 800NAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN812319758EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUND FOR A BETTER FUTURE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUNDBusinessNameControlTxt
Phone9164425057PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CAPITOL MALL 2150AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAVI GARBOWPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9164425057PhoneNum
Signature2024-10-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD J LOCASTRO CPAPreparerPersonNm
PTINP00288324PTIN
Phone3019519090PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAVI GARBOWPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CAPITOL MALL 2150AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$42,766,273GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressFUNDFORABETTERFUTURE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSEE PART III, LINE 1.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee43TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$56,655,194PYContributionsGrantsAmt
CY Contributions Grants$41,617,418CYContributionsGrantsAmt
PY Program Service Revenue$11,888PYProgramServiceRevenueAmt
CY Program Service Revenue$3,712CYProgramServiceRevenueAmt
PY Investment Income$146,522PYInvestmentIncomeAmt
CY Investment Income$97,079CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$56,813,604PYTotalRevenueAmt
CY Total Revenue$41,718,209CYTotalRevenueAmt
PY Grants And Similar Paid$25,848,600PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$36,010,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,826,775PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,071,749CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$171,125PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$130,625CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$183,028CYTotalFundraisingExpenseAmt
PY Other Expenses$19,425,728PYOtherExpensesAmt
CY Other Expenses$4,190,051CYOtherExpensesAmt
PY Total Expenses$48,272,228PYTotalExpensesAmt
CY Total Expenses$41,402,425CYTotalExpensesAmt
PY Revenues Less Expenses$8,541,376PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$315,784CYRevenuesLessExpensesAmt
Total Assets BOY$20,878,438TotalAssetsBOYAmt
Total Assets EOY$25,095,166TotalAssetsEOYAmt
Total Liabilities BOY$1,453,773TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,354,717TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$19,424,665NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$19,740,449NetAssetsOrFundBalancesEOYAmt
MissionFUND FOR A BETTER FUTURE INC. (FBF) IS DEDICATED TO PROMOTING THE COMMON GOOD BY PROTECTING THE ENVIRONMENT, UPHOLDING DEMOCRATIC VALUES, ADDRESSING DISPARITIES IN PUBLIC HEALTH, AND ADVANCING SOCIAL EQUITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$40,613,910ExpenseAmt
Grant$36,010,000GrantAmt
Revenue$3,712RevenueAmt
DescDURING 2023, THE FUND FOR A BETTER FUTURE INC. (FBF) PROVIDED GRANTS TO ORGANIZATIONS ADVANCING SOLUTIONS TO THE CLIMATE CRISIS; PROTECTING VOTER RIGHTS; PRESERVING FUNDAMENTAL ENVIRONMENTAL LAWS; AND ADDRESSING DISPARITIES IN PUBLIC HEALTH, INCLUDING REPRODUCTIVE RIGHTS. AS A FISCAL SPONSOR, FBF PROVIDED ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO CLIMATE POWER, AN ORGANIZATION WORKING TO EMPOWER U.S. LEADERS TO TAKE BOLD, URGENT ACTION TO COMBAT THE CLIMATE CRISIS, AND A CAMPAIGN TO STOP THE EXPANSION OF THE PETROCHEMICAL INDUSTRY IN THE UNITED STATES.Desc
Total Program Service Expenses$40,613,910TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document51IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee43EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROSINA BUGARINBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9164425057PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CAPITOL MALL 2150AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
AVI GARBOW SEE SCH O
DIRECTOR AND PRESIDENT2.002.00Yes (X)Yes (X)$68,525$29,531$0
JASON BURNETT
DIRECTOR AND CHAIR1.001.00Yes (X)Yes (X)$0$0$0
CHRISTOPHER J ELLIMAN
DIRECTOR1.001.00Yes (X)$0$0$0
MARTHA KONGSGAARD
DIRECTOR1.001.00Yes (X)$0$0$0
PRESTON PINKETT III
DIRECTOR1.001.00Yes (X)$0$0$0
MELISSA ROY
DIRECTOR1.001.00Yes (X)$0$0$0
ROSINA BUGARIN SEE SCH O
TREASURER & CHIEF FINANCIAL OFFICER2.002.00Yes (X)$31,727$15,039$0
HELENA CHOI SEE SCH O
SECRETARY AND VICE PRESIDENT1.001.00Yes (X)$7,519$3,038$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$107,771TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$47,608TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
STAGWELL MEDIA LP
1150 18TH STREET NW SUITE 800WASHINGTONDC20036CONSULTING SERVICES$1,198,017
BULLY PULPIT INTERACTIVE LLC
1445 NEW YORK AVE NW 5TH FLWASHINGTONDC20005CONSULTING SERVICES$384,000
YANG STRATEGIC RESEARCH LLC
1250 CONN AVE NW STE 530WASHINGTONDC20036CONSULTING SERVICES$324,083
TECHNICOLOR POLITICAL LLC
11013 S LONGWOOD DRIVECHICAGOIL60643CONSULTING SERVICES$169,718
THE FARLEY FOLSOM GROUP
4020 GARRISON STREET NWWASHINGTONDC20016FUNDRAISING CONSULTING SERVICES$130,625
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
All Other Contributions$41,617,418AllOtherContributionsAmt
Noncash Contributions$1,048,064NoncashContributionsAmt
Total Contributions$41,617,418TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONTRACTSDesc
Business900099BusinessCd
Total Revenue Column$3,712TotalRevenueColumnAmt
Related Or Exempt Func Income$3,712RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,712TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$106,309TotalRevenueColumnAmt
Exclusion$106,309ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,038,834SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,048,064SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$9,230SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$9,230TotalRevenueColumnAmt
Exclusion-$9,230ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,718,209TotalRevenueColumnAmt
Related Or Exempt Func Income$3,712RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$97,079ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$36,010,000TotalAmt
Program Services$36,010,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$107,771TotalAmt
Program Services$20,858ProgramServicesAmt
Management And General$73,551ManagementAndGeneralAmt
Fundraising$13,362FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$768,851TotalAmt
Program Services$605,516ProgramServicesAmt
Management And General$141,417ManagementAndGeneralAmt
Fundraising$21,918FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$35,864TotalAmt
Program Services$25,626ProgramServicesAmt
Management And General$8,795ManagementAndGeneralAmt
Fundraising$1,443FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$159,263TotalAmt
Program Services$113,798ProgramServicesAmt
Management And General$39,055ManagementAndGeneralAmt
Fundraising$6,410FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$153,507TotalAmt
Program Services$111,436ProgramServicesAmt
Management And General$38,957ManagementAndGeneralAmt
Fundraising$3,114FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,796TotalAmt
Management And General$18,796ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$130,625TotalAmt
Fundraising$130,625FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$124TotalAmt
Management And General$124ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,443,228TotalAmt
Program Services$3,439,715ProgramServicesAmt
Management And General$1,862ManagementAndGeneralAmt
Fundraising$1,651FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15,784TotalAmt
Program Services$12,975ProgramServicesAmt
Management And General$2,548ManagementAndGeneralAmt
Fundraising$261FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$132,543TotalAmt
Program Services$103,618ProgramServicesAmt
Management And General$26,880ManagementAndGeneralAmt
Fundraising$2,045FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,921TotalAmt
Program Services$10,104ProgramServicesAmt
Management And General$7,229ManagementAndGeneralAmt
Fundraising$588FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$24,356TotalAmt
Program Services$24,010ProgramServicesAmt
Management And General$314ManagementAndGeneralAmt
Fundraising$32FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$67,064TotalAmt
Program Services$66,312ProgramServicesAmt
Management And General$682ManagementAndGeneralAmt
Fundraising$70FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,012TotalAmt
Program Services$1,654ProgramServicesAmt
Management And General$325ManagementAndGeneralAmt
Fundraising$33FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,061TotalAmt
Management And General$16,061ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
EXCISE TAXES$215,217$215,217
SUBSCRIPTIONS$59,410$9,591$48,839$980
FILING FEES$17,320$2,796$14,238$286
PAYROLL SERVICES$2,714$666$1,939$109

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,994TotalAmt
Program Services$3,272ProgramServicesAmt
Management And General$621ManagementAndGeneralAmt
Fundraising$101FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$41,402,425TotalAmt
Program Services$40,613,910ProgramServicesAmt
Management And General$605,487ManagementAndGeneralAmt
Fundraising$183,028FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$473,476BOYAmt
EOY$2,576,403EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$16,501,932BOYAmt
EOY$18,616,431EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,030BOYAmt
EOY$1,332EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$3,901,000BOYAmt
EOY$3,901,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,878,438BOYAmt
EOY$25,095,166EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$653,314BOYAmt
EOY$504,330EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$800,459BOYAmt
EOY$4,850,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$387EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,453,773BOYAmt
EOY$5,354,717EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,425,639BOYAmt
EOY$1,891,525EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,999,026BOYAmt
EOY$17,848,924EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,424,665BOYAmt
EOY$19,740,449EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,878,438BOYAmt
EOY$25,095,166EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$315,784ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$1,631,409PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Expended527 Activities$1,631,409Expended527ActivitiesAmt
Internal Funds Contributed$0InternalFundsContributedAmt
Total Exempt Function Expend$1,631,409TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (1)Form1120POLFiledInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1:FormAndLineReferenceDesc
ExplanationFBF MADE DIRECT AND INDIRECT EXPENDITURES IN SUPPORT OF CANDIDATES WHO COMMITTED TO ADDRESSING THE THREAT OF CLIMATE CHANGE.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$3,901,000BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$3,901,000TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescRELATED PARTY PAYABLEDesc
Amt$387Amt
FieldValueIRS element (for citing)
Total Liability$387TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$41,718,085TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$41,718,085RevenueSubtotalAmt
Investment Expenses Not Incld$124InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$124RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$41,718,209TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$41,402,301TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$41,402,301ExpensesSubtotalAmt
Investment Expenses Not Incld2$124InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$124ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$41,402,425TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FARLEY FOLSOM GROUPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14020 GARRISON STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20016ZIPCd
FieldValueIRS element (for citing)
ActivityFUNDRAISING COUNSELActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$130,625RetainedByContractorAmt
Net To Organization-$130,625NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$130,625TotalRetainedByContractorsAmt
Total Net To Organization-$130,625TotalNetToOrganizationAmt
Licensed StatesAKLicensedStatesCd
Licensed StatesALLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWILicensedStatesCd
Licensed StatesWVLicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
CLIMATE POWER
611 PENNSYLVANIA AVENUE SE SUITE143WASHINGTONDC20003922307261501(C)(4)$21,300,000$0FISCAL SPONSORSHIP SPINOFF
PRIORITIES USA
700 13TH STREET NW SUITE 600WASHINGTONDC20005474596232501(C)(4)$8,000,000$0SUPPORT FOR SOCIAL WELFARE ACTIVITIES
US MEGAFIRE RESPONSE ACTION FUND
2215 BLUERIDGE COURTCALABASASCA93102882223772501(C)(4)$2,000,000$0CLIMATE AND ENVIRONMENTAL ADVOCACY
NEVADA ALLIANCE
3773 HOWARD HUGHES PARKWAY SUITE590 SOUTHLAS VEGASNV89169830744945501(C)(4)$2,000,000$0SUPPORT FOR SOCIAL WELFARE ACTIVITIES
INDIVISIBLE PROJECT
PO BOX 43884WASHINGTONDC20010814944067501(C)(4)$1,000,000$0CIVIL RIGHTS AND CIVIC ENGAGEMENT
BBT INC DBA BUILDING BACK TOGETHER
4364 N KENMORE AVENUE 2CHICAGOIL60613862447747501(C)(4)$760,000$0CLIMATE AND ENVIRONMENTAL ADVOCACY
RUN FOR SOMETHING ACTION FUND
PO BOX 33079WASHINGTONDC20033814761176501(C)(4)$250,000$0CIVIL RIGHTS AND CIVIC ENGAGEMENT
CLEAN AIR ACTION FUND
135 S 19TH STREET 300PHILADELPHIAPA19103844967138501(C)(4)$250,000$0CLIMATE AND ENVIRONMENTAL ADVOCACY
ALL VOTING IS LOCAL ACTION
11 DUPONT CIRCLE NW SUITE 575WASHINGTONDC200361207873894840501(C)(4)$250,000$0CIVIL RIGHTS AND CIVIC ENGAGEMENT
PENNSYLVANIA UNITED
841 CALIFORNIA AVENUEPITTSBURGHPA15212823674888501(C)(4)$100,000$0CLIMATE AND ENVIRONMENTAL ADVOCACY
CIVIC NATION
1415 CHAPIN STREET NW SUITE 208WASHINGTONDC20009473576918501(C)(3)$50,000$0CLIMATE AND ENVIRONMENTAL ADVOCACY
THE PARTNERSHIP PROJECT ACTION FUND
PO BOX 65826WASHINGTONDC20035810606786501(C)(4)$35,000$0CLIMATE AND ENVIRONMENTAL ADVOCACY
WILD MONTANA ACTION FUND
PO BOX 6371HELENAMT59604843554059501(C)(4)$15,000$0NATURAL RESOURCE CONSERVATION
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org12TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationBEFORE AWARDING A GRANT TO A U.S.-BASED ORGANIZATION, FBF REQUIRES DOCUMENTATION FROM THE APPLICANT THAT ESTABLISHES AND DESCRIBES THAT ORGANIZATION'S LEGAL STATUS, PURPOSE, AND MISSION. IN THE POST-AWARD STAGES, FBF MONITORS PROGRESS OF ITS GRANTS THROUGH VARIOUS REQUIREMENTS WHICH MAY INCLUDE: REQUESTING PERIODIC REPORTS FROM GRANTEES DESCRIBING GRANT ACTIVITIES, PROGRESS, AND OUTCOMES WITH GRANT OBJECTIVES, AS WELL AS A RECONCILIATION OF GRANT EXPENDITURES WITH THE PROPOSAL BUDGET, PERIODIC CHECK-IN CALLS AND MEETINGS WITH GRANTEES, AND/OR PERIODIC FIELD VISITS FOR SIGNIFICANT PROJECTS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$1,048,064NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHIS COLUMN REPORTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS AND THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN SENT TO ALL VOTING MEMBERS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CA CONFLICT OF INTEREST POLICY COVERS OFFICERS AND DIRECTORS, WHO ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY IN WRITING AND PRIOR TO ANY VOTE BY THE BOARD OF DIRECTORS IN WHICH A CONFLICT EXISTS OR APPEARS TO EXIST. THE BOARD OF DIRECTORS DETERMINES IF AN ACTUAL OR APPARENT CONFLICT EXISTS AND IS RESPONSIBLE FOR ANY REQUIRED REVIEW AND ACTION. IN ALL CASES, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IN CASE OF CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15RESOURCES LEGACY FUND (RLF) IS AN UNRELATED ORGANIZATION THAT WORKS WITH FBF. THE RLF GOVERNANCE COMMITTEE, ON BEHALF OF THE RLF BOARD, ENGAGED AN OUTSIDE CONSULTANT TO REVIEW THE EXECUTIVE COMPENSATION OF PEERS, TO ASSESS EXECUTIVE COMPENSATION, AND TO PROVIDE AN INDEPENDENT OPINION REGARDING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THIS PROCESS IS DOCUMENTED. THE POSITIONS OF PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT ALONG WITH OTHER KEY EMPLOYEES. THIS PROCESS IS UNDERTAKEN EVERY 3 YEARS AND WAS LAST COMPLETED IN 2021. OUTSIDE OF THIS PROCESS, THE PRESIDENT'S COMPENSATION REVIEW IS COMPLETED ANNUALLY BY THE RLF GOVERNANCE COMMITTEE AND IS DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 18AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM THE FBF'S WEBSITE. FORM 1024 IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FORM 1024 AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VII, SECTION A:FBF AND RESOURCES LEGACY FUND (RLF), AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH FBF REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF FBF. AS A PART OF THE AGREEMENT, FBF REIMBURSED RLF FOR PERSONNEL COSTS FOR AVI GARBOW, ROSINA BUGARIN, AND HELENA CHOI, AS WELL AS OTHER SHARED STAFF. FBF DOES NOT PAY ANY PAYROLL TAXES DIRECTLY; RESOURCES LEGACY FUND SATISFIES EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF FBF. RLF'S COMPENSATION OF $68,525 TO AVI GARBOW, $31,727 TO ROSINA BUGARIN, AND $7,519 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY FBF TO RLF AND HAS BEEN REPORTED ON PART VII OF THE RETURN FOR THOSE INDIVIDUALS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SHARED ASCENT FUNDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CAPITOL MALL SUITE 2150AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
EIN834584093EIN
Primary ActivitiesPROMOTE THE COMMON GOOD - DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITYPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd