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WORLD WIDE WEB FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WORLD WIDE WEB FOUNDATION (EIN 26-2852431)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-09-19
IRS object ID
202232629349300003
Schema version
2021v4.2
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)
Return2022-09-19T07:40:09-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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
ZIP208142930ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262852431EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WORLD WIDE WEB FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWORLBusinessNameControlTxt
Phone2024494100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 13TH ST NW 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEMA ALONSOPersonNm
Person TitleINTERIM CEOPersonTitleTxt
Phone2024494100PhoneNum
Signature2022-09-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEMAPersonFirstNm
Person LastALONSOPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD J LOCASTRO CPAPreparerPersonNm
PTINP00288314PTIN
Phone3019519090PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOSEMA ALONSOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 13TH ST NW 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,976,356GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WEBFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTO ADVANCE THE OPEN WEB AS A PUBLIC GOOD AND A BASIC RIGHT.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,353,421PYContributionsGrantsAmt
CY Contributions Grants$4,469,734CYContributionsGrantsAmt
PY Program Service Revenue$131,500PYProgramServiceRevenueAmt
CY Program Service Revenue$490,853CYProgramServiceRevenueAmt
PY Investment Income$34PYInvestmentIncomeAmt
CY Investment Income$319CYInvestmentIncomeAmt
PY Other Revenue$3,059PYOtherRevenueAmt
CY Other Revenue$15,450CYOtherRevenueAmt
PY Total Revenue$4,488,014PYTotalRevenueAmt
CY Total Revenue$4,976,356CYTotalRevenueAmt
PY Grants And Similar Paid$347,815PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$216,085CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,705,372PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,753,551CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$65,300PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$243,251CYTotalFundraisingExpenseAmt
PY Other Expenses$2,796,805PYOtherExpensesAmt
CY Other Expenses$3,295,678CYOtherExpensesAmt
PY Total Expenses$4,915,292PYTotalExpensesAmt
CY Total Expenses$5,265,314CYTotalExpensesAmt
PY Revenues Less Expenses-$427,278PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$288,958CYRevenuesLessExpensesAmt
Total Assets BOY$1,435,344TotalAssetsBOYAmt
Total Assets EOY$1,237,809TotalAssetsEOYAmt
Total Liabilities BOY$162,925TotalLiabilitiesBOYAmt
Total Liabilities EOY$254,348TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,272,419NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$983,461NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ADVANCE THE OPEN WEB AS A PUBLIC GOOD AND A BASIC RIGHT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,930,737ExpenseAmt
Revenue$490,853RevenueAmt
DescALLIANCE FOR AFFORDABLE INTERNET: ENSURING EVERYONE CAN ACCESS ALL OF THE INTERNET, ALL OF THE TIME. THE ALLIANCE FOR AFFORDABLE INTERNET (A4AI), A MULTI-STAKEHOLDER COALITION, IS ADVOCATING FOR AND SUPPORTING THE DEVELOPMENT OF POLICY REFORMS THAT WILL MAKE FAST, RELIABLE INTERNET AFFORDABLE AND ACCESSIBLE TO ALL.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$859,744ExpenseAmt
DescCORE: THE CORE PROGRAM SEEKS TO EDUCATE AND RAISE AWARENESS OF THE VALUE OF THE WORLD WIDE WEB TO HUMAN, SOCIAL AND ECONOMIC DEVELOPMENT, AND ADDRESS BARRIERS TO ACCESS AND EFFECTIVE USE OF THE WEB BY INDIVIDUALS IRRESPECTIVE OF ECONOMIC STATUS, GENDER AND OTHER FACTORS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$418,270ExpenseAmt
Grant$216,085GrantAmt
DescWOMEN'S RIGHTS ONLINE: THE WOMEN'S RIGHTS ONLINE NETWORK IS WORKING TO DEVELOP AND IMPACT THE POLICIES NEEDED TO BRIDGE THE GENDER GAP IN TECHNOLOGY, DATA, AND POLICYMAKING.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$343,033ExpenseAmt
DescDIGITAL RIGHTS AND DEFENCE OF THE WEB: THIS PROGRAM FOCUSES ON MAKING GOVERNMENT MORE PARTICIPATORY AND ACCOUNTABLE BY INNOVATIVE USE OF DATA, AND ON ADVOCATING TO INFLUENCE GOVERNMENTS AND FIRMS TO PROTECT PEOPLE'S DIGITAL RIGHTS ON AND ONTO THE OPEN WEB.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$343,033TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$3,551,784TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
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 Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee8EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 Committees0MinutesOfCommitteesInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADRIAN LOVETTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024494100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 13TH ST NW 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ADRIAN LOVETT
PRESIDENT & CEO40.00Yes (X)Yes (X)$225,301$0$11,265
PAUL THOMAS JENKINS
CHAIR2.00Yes (X)Yes (X)$0$0$0
JONATHON GOLDSTEIN
TREASURER1.00Yes (X)Yes (X)$0$0$0
BRIAN MCNEIL
SECRETARY1.00Yes (X)Yes (X)$0$0$0
TIM BERNERS-LEE
DIRECTOR1.00Yes (X)$0$0$0
MARCIA BLENKO
DIRECTOR1.00Yes (X)$0$0$0
ROSEMARY LEITH
DIRECTOR1.00Yes (X)$0$0$0
MARIEME JAMME
DIRECTOR1.00Yes (X)$0$0$0
MARTY WIKSTROM
DIRECTOR1.00Yes (X)$0$0$0
SAM TIDSWELL-NORRISH
DIRECTOR1.00Yes (X)$0$0$0
BARBARA IYAYI
DIRECTOR1.00Yes (X)$0$0$0
CHRIS MATHIAS
DIRECTOR1.00Yes (X)$0$0$0
SONIA JORGE
ALLIANCE FOR AFFORD. INTERNET E.D.40.00$185,000$0$5,550Yes (X)
EMILY SHARPE
DIRECTOR OF POLICY40.00$143,911$0$7,196Yes (X)
ERICA MESKER
DIRECTOR OF DEVELOPMENT40.00$120,671$0$11,710Yes (X)
ELEANOR SAPRONG
ALLIANCE FOR AFFORD. INT. DEP. DIR.40.00$121,621$0$6,081Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$796,504TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$41,802TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmCountryContractorAddress/ForeignAddress/CountryCd
MARCUM LLP
1899 L STREET NW STE 850WASHINGTONDC20036ACCOUNTING SERVICES$289,368
NNENNA NWAKANMA
POLICY CONSULTING SERVICES$106,263RUE DES JARDINS 22ABIDJANIV
MOBILE ACCORD INC
1031 33RD STDENVERCO80205WIRELESS SERVICES$101,188
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Membership Dues$275,000MembershipDuesAmt
Government Grants$1,190,160GovernmentGrantsAmt
All Other Contributions$3,004,574AllOtherContributionsAmt
Total Contributions$4,469,734TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONTRACT SERVICESDesc
Business900099BusinessCd
Total Revenue Column$490,853TotalRevenueColumnAmt
Related Or Exempt Func Income$490,853RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$490,853TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$319TotalRevenueColumnAmt
Exclusion$319ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
OTHER REVENUE900099$12,718$12,718
FOREIGN EX. RATE GAIN900099$2,732$2,732
FieldValueIRS element (for citing)
Other Revenue Total$15,450OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,976,356TotalRevenueColumnAmt
Related Or Exempt Func Income$490,853RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$15,769ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$216,085TotalAmt
Program Services$216,085ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$427,116TotalAmt
Program Services$230,766ProgramServicesAmt
Management And General$196,350ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,119,035TotalAmt
Program Services$811,946ProgramServicesAmt
Management And General$115,970ManagementAndGeneralAmt
Fundraising$191,119FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$42,697TotalAmt
Program Services$32,820ProgramServicesAmt
Management And General$2,440ManagementAndGeneralAmt
Fundraising$7,437FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$14,675TotalAmt
Program Services$9,934ProgramServicesAmt
Management And General$2,907ManagementAndGeneralAmt
Fundraising$1,834FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$150,028TotalAmt
Program Services$101,558ProgramServicesAmt
Management And General$29,721ManagementAndGeneralAmt
Fundraising$18,749FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$288,316TotalAmt
Management And General$288,316ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,450,195TotalAmt
Program Services$1,984,342ProgramServicesAmt
Management And General$453,913ManagementAndGeneralAmt
Fundraising$11,940FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,735TotalAmt
Program Services$3,544ProgramServicesAmt
Management And General$4,107ManagementAndGeneralAmt
Fundraising$84FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$54,742TotalAmt
Management And General$54,145ManagementAndGeneralAmt
Fundraising$597FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$32,342TotalAmt
Program Services$24,180ProgramServicesAmt
Management And General$5,552ManagementAndGeneralAmt
Fundraising$2,610FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$41,085TotalAmt
Program Services$16,778ProgramServicesAmt
Management And General$16,534ManagementAndGeneralAmt
Fundraising$7,773FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$37,215TotalAmt
Program Services$34,318ProgramServicesAmt
Management And General$2,897ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$15,128TotalAmt
Program Services$13,951ProgramServicesAmt
Management And General$1,177ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,894TotalAmt
Management And General$11,764ManagementAndGeneralAmt
Fundraising$130FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
BAD DEBT$130,127$130,127
FOREIGN CURRENCY LOSS$78,101$78,101
VAT TAX$68,489$68,489
PAYROLL FEES$59,241$59,241

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$21,068TotalAmt
Program Services$3,073ProgramServicesAmt
Management And General$17,017ManagementAndGeneralAmt
Fundraising$978FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,265,314TotalAmt
Program Services$3,551,784ProgramServicesAmt
Management And General$1,470,279ManagementAndGeneralAmt
Fundraising$243,251FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$666,688BOYAmt
EOY$936,440EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$36,022BOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$608,561BOYAmt
EOY$93,597EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$125,739EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$77,950BOYAmt
EOY$32,478EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$46,123BOYAmt
EOY$49,555EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,435,344BOYAmt
EOY$1,237,809EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$144,425BOYAmt
EOY$156,378EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$18,500BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$97,970EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$162,925BOYAmt
EOY$254,348EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$327,244BOYAmt
EOY$587,191EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$945,175BOYAmt
EOY$396,270EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,272,419BOYAmt
EOY$983,461EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,435,344BOYAmt
EOY$1,237,809EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$288,958ReconcilationRevenueExpnssAmt
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 A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,578,104CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,401,633CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,007,834CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,353,421CurrentTaxYearMinus1YearAmt
Current Tax Year$4,469,734CurrentTaxYearAmt
Total$20,810,726TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,578,104CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,401,633CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,007,834CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,353,421CurrentTaxYearMinus1YearAmt
Current Tax Year$4,469,734CurrentTaxYearAmt
Total$20,810,726TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,920,354SubstantialContributorsTotAmt
Public Support Total170$14,890,372PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$166CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$138CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$92CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$34CurrentTaxYearMinus1YearAmt
Current Tax Year$319CurrentTaxYearAmt
Total$749TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,550CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,638CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,041CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,059CurrentTaxYearMinus1YearAmt
Current Tax Year$15,450CurrentTaxYearAmt
Total$49,738TotalAmt
FieldValueIRS element (for citing)
Total Support$20,861,213TotalSupportAmt
Gross Receipts Rltd Activities$622,353GrossReceiptsRltdActivitiesAmt
Public Support CY1700.71380PublicSupportCY170Pct
Public Support PY1700.74160PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,095,729TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$197,474DonatedServicesAndUseFcltsAmt
Other Revenue-$78,101OtherRevenueAmt
Revenue Not Reported$119,373RevenueNotReportedAmt
Revenue Subtotal$4,976,356RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,976,356TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,384,687TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$197,474DonatedServicesUseFcltsAmt
Other Expenses Included-$78,101OtherExpensesIncludedAmt
Expenses Not Reported$119,373ExpensesNotReportedAmt
Expenses Subtotal$5,265,314ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,265,314TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020, THE FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FOREIGN EXCHANGE LOSS NETTED AGAINST REVENUE ON THE -78,101. FINANCIAL STATEMENTS AND REPORTED AS AN EXPENSE ON THE FORM 990, PART IX.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FOREIGN EXCHANGE LOSS NETTED AGAINST REVENUE ON THE -78,101. FINANCIAL STATEMENTS AND REPORTED AS AN EXPENSE ON THE FORM 990, PART IX.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (22 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN00MANAGEMENT AND GENERAL$5,119
CENTRAL AMERICA AND THE CARIBBEAN00PROGRAM SERVICES$51,624RESEARCH, ADVOCACY AND CAPACITY BUILDING
EAST ASIA AND THE PACIFIC00MANAGEMENT AND GENERAL$28,399
EAST ASIA AND THE PACIFIC01PROGRAM SERVICES$171,496RESEARCH, ADVOCACY AND CAPACITY BUILDING
EUROPE (INCLUDING ICELAND & GREENLAND)00FUNDRAISING$4,350
EUROPE (INCLUDING ICELAND & GREENLAND)00MANAGEMENT AND GENERAL$512,885
EUROPE (INCLUDING ICELAND & GREENLAND)110PROGRAM SERVICES$1,145,378RESEARCH, ADVOCACY AND CAPACITY BUILDING
MIDDLE EAST AND NORTH AFRICA00PROGRAM SERVICES$22,000RESEARCH, ADVOCACY AND CAPACITY BUILDING
NORTH AMERICA00MANAGEMENT AND GENERAL$6,446
NORTH AMERICA09PROGRAM SERVICES$61,353RESEARCH, ADVOCACY AND CAPACITY BUILDING
SOUTH AMERICA00MANAGEMENT AND GENERAL$15,903
SOUTH AMERICA03PROGRAM SERVICES$185,205RESEARCH, ADVOCACY AND CAPACITY BUILDING
SOUTH ASIA00MANAGEMENT AND GENERAL$1,200
SOUTH ASIA03PROGRAM SERVICES$111,787RESEARCH, ADVOCACY AND CAPACITY BUILDING
SUB-SAHARAN AFRICA00MANAGEMENT AND GENERAL$100,741
SUB-SAHARAN AFRICA05PROGRAM SERVICES$686,223RESEARCH, ADVOCACY AND CAPACITY BUILDING
CENTRAL AMERICA AND THE CARIBBEAN00GRANTS TO RECIPIENTS LOCATED IN REGION$5,225
EAST ASIA AND THE PACIFIC00GRANTS TO RECIPIENTS LOCATED IN REGION$61,860
NORTH AMERICA00GRANTS TO RECIPIENTS LOCATED IN REGION$11,111
SOUTH AMERICA00GRANTS TO RECIPIENTS LOCATED IN REGION$31,730
SOUTH ASIA00GRANTS TO RECIPIENTS LOCATED IN REGION$49,000
SUB-SAHARAN AFRICA00GRANTS TO RECIPIENTS LOCATED IN REGION$57,159
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees11SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee20ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee31TotalEmployeeCnt
Subtotal Spent$1,941,251SubtotalSpentAmt
Continuation Spent$1,384,943ContinuationSpentAmt
Total Spent$3,326,194TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (8 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
CENTRAL AMERICA AND THE CARIBBEANDIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$5,225WIRE TRANSFER$0
EAST ASIA AND THE PACIFICDIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$57,736WIRE TRANSFER$0
NORTH AMERICAFEMINIST OBSERVATORY ON THE DIGITAL PROJECT$11,111WIRE TRANSFER$0
SOUTH AMERICADIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$22,000WIRE TRANSFER$0
SOUTH AMERICADIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$5,424WIRE TRANSFER$0
SOUTH ASIADIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$49,000WIRE TRANSFER$0
SUB-SAHARAN AFRICADIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$19,252WIRE TRANSFER$0
SUB-SAHARAN AFRICADIGITAL INCLUSION & WOMEN'S RIGHTS ONLINE$30,600WIRE TRANSFER$0
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:WORLD WIDE WEB FOUNDATION MONITORS AND ENSURES THAT THE GRANT FUNDS OUTSIDE THE U.S. ARE USED FOR PURPOSES SPECIFIED IN THE GRANT BY REQUESTING THAT THE GRANTEE SUBMIT A DETAILED REPORT ON THE USE OF FUNDS IN A SPECIFIED FORMAT. THE FORMAT FOR THE REPORT INCLUDES A NARRATIVE SECTION WHERE THE DESCRIPTION OF GRANT ACTIVITIES IS PROVIDED. THE OTHER SECTION IN THE REPORT IS THE FINANCIAL SECTION WHERE AN ACCOUNT OF THE FUNDS USED IS PROVIDED BASED ON THE GRANT BUDGET.
PART III ACCOUNTING METHOD:

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ADRIAN LOVETT
PRESIDENT & CEO$225,301$0$0$0$0$0$11,265$0$0$0$236,566$0$0$0
SONIA JORGE
ALLIANCE FOR AFFORD. INTERNET E.D.$185,000$0$0$0$0$0$5,550$0$0$0$190,550$0$0$0
EMILY SHARPE
DIRECTOR OF POLICY$143,911$0$0$0$0$0$7,196$0$0$0$151,107$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TIM BERNERS LEE AND ROSEMARY LEITH HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 8BMINUTES ARE NOT TAKEN FOR FINANCE COMMITTEE MEETINGS, AS THE CFO PRESENTS HIS FINANCIAL REPORT AND ANALYSIS QUARTERLY IN THE FINANCE COMMITTEE MEETINGS AND THAT REPORT IS MAINTAINED BY THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY THE ORGANIZATION'S AUDITORS AND REVIEWED BY THE ORGANIZATION'S AUDIT COMMITTEE IN DETAIL, AND APPROVED BY THEM. THE 990 WAS THEN MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CIN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE LEAVES THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE DETERMINE WHETHER THE FOUNDATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15ATHE CEO'S COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS. THE REVIEW INCLUDED THE USE OF A COMPENSATION SURVEY AND COMPARABLE DATA. THE CEO'S COMPENSATION WAS LAST REVIEWED IN JULY 2017. OTHER EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO BASED ON COMPARABLE DATA AND BY REVIEWING COMPENSATION SURVEYS CONDUCTED BY THIRD PARTIES.
FORM 990, PART VI, SECTION C, LINE 19WORLD WIDE WEB FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GMAINTENANCE & LEASE ACCOUNTING SOFTWARE: PROGRAM SERVICE EXPENSES 7,922. MANAGEMENT AND GENERAL EXPENSES 5,822. FUNDRAISING EXPENSES 113. TOTAL EXPENSES 13,857. WF STAFF CONTRACTORS: PROGRAM SERVICE EXPENSES 1,184,926. MANAGEMENT AND GENERAL EXPENSES 291,915. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,476,841. EXTERNAL PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 791,494. MANAGEMENT AND GENERAL EXPENSES 156,176. FUNDRAISING EXPENSES 11,827. TOTAL EXPENSES 959,497.
FORM 990, PART X, LINE 24:ON MAY 25, 2021, THE FOUNDATION ENTERED INTO A FIVE-YEAR PROMISSORY NOTE AGREEMENT IN THE AMOUNT OF $97,970 (WITH A 1% FIXED INTEREST RATE) UNDER THE PAYCHECK PROTECTION PROGRAM (PPP). THE PROMISSORY NOTE REQUIRES MONTHLY PRINCIPAL AND INTEREST PAYMENTS AMORTIZED OVER THE FIVE-YEAR TERM OF THE PROMISSORY NOTE. UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), THE PROMISSORY NOTE MAY BE FORGIVEN BY THE SMALL BUSINESS ADMINISTRATION IN WHOLE OR IN PART. DURING THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION SPENT THE FULL AMOUNT OF THE LOAN, AND ACCORDINGLY WILL RECOGNIZE THE ENTIRE AMOUNT OF THE LOAN FORGIVENESS AS DEBT FORGIVENESS WHEN FORMALLY FORGIVEN. ADDITIONALLY, THE LOAN BALANCE HAS BEEN CLASSIFIED AS A CURRENT LIABILITY IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION, AS THE LOAN WAS FORGIVEN IN FULL ON MARCH 23, 2022.