STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

FUND FOR A BETTER FUTURE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
FUND FOR A BETTER FUTURE INC (EIN 81-2319758)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-10-24
IRS object ID
202242979349302064
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)
Return2022-10-24T17:18:03-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN680037990PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GILBERT CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12880 GATEWAY OAKS DR STE 100AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95833ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

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 Line1555 CAPITOL MALL 1095AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAVI GARBOWPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9164425057PhoneNum
Signature2022-10-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAVIPersonFirstNm
Person LastGARBOWPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEITH R GLENPreparerPersonNm
PTINP01317613PTIN
Phone9166466464PhoneNum
Preparation2022-09-20PreparationDt

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 OfficerAVI GARBOWPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 CAPITOL MALL 1095AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$77,634,550GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressHTTP://FUNDFORABETTERFUTURE.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or 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.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee66TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$35,131,100PYContributionsGrantsAmt
CY Contributions Grants$68,441,746CYContributionsGrantsAmt
PY Program Service Revenue$4,200PYProgramServiceRevenueAmt
CY Program Service Revenue$653,891CYProgramServiceRevenueAmt
PY Investment Income$21,967PYInvestmentIncomeAmt
CY Investment Income$22,785CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$35,157,267PYTotalRevenueAmt
CY Total Revenue$69,118,422CYTotalRevenueAmt
PY Grants And Similar Paid$32,410,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$34,244,260CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,771,660CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$44,052CYTotalFundraisingExpenseAmt
PY Other Expenses$254,736PYOtherExpensesAmt
CY Other Expenses$25,868,366CYOtherExpensesAmt
PY Total Expenses$32,664,736PYTotalExpensesAmt
CY Total Expenses$61,884,286CYTotalExpensesAmt
PY Revenues Less Expenses$2,492,531PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,234,136CYRevenuesLessExpensesAmt
Total Assets BOY$3,674,140TotalAssetsBOYAmt
Total Assets EOY$12,452,035TotalAssetsEOYAmt
Total Liabilities BOY$24,987TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,568,746TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,649,153NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,883,289NetAssetsOrFundBalancesEOYAmt
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$61,516,869ExpenseAmt
Grant$34,244,260GrantAmt
Revenue$653,891RevenueAmt
DescDURING 2021, 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 ADVANCING EQUITABLE PUBLIC HEALTH, INCLUDING REPRODUCTIVE RIGHTS. AS A FISCAL SPONSOR, FBF CONTINUED TO PROVIDE ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO CLIMATE POWER, AN ORGANIZATION WORKING TO EMPOWER U.S. POLITICAL LEADERS TO TAKE BOLD, URGENT ACTION TO COMBAT THE CLIMATE CRISIS.Desc
Total Program Service Expenses$61,516,869TotalProgramServiceExpensesAmt
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 Liabilities0ReportOtherLiabilitiesInd
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 Fundraising0ProfessionalFundraisingInd
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 Document39IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee66EmployeeCnt
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 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 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 FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
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 FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
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 FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
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 BUGARIN CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9164425057PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 CAPITOL MALL 1095AddressLine1Txt
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
MICHAEL A MANTELL
DIRECTOR, PRESIDENT2.001.00Yes (X)Yes (X)$24,292$12,292$0
JASON BURNETT
DIRECTOR, CHAIR1.001.00Yes (X)Yes (X)$0$0$0
CHRISTOPHER J ELLIMAN
DIRECTOR1.001.00Yes (X)$0$0$0
MELISSA ROY
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
ROSINA BUGARIN
TREASURER, CFO4.001.00Yes (X)$17,591$1,551$0
HELENA CHOI
SECRETARY, VP1.001.00Yes (X)$3,637$5,058$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$45,520TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$18,901TotReportableCompRltdOrgAmt
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 DBA SKDKNICKERBOCKER
1150 18TH STREET NW SUITE 800WASHINGTONDC20036CONSULTING$14,536,204
BULLY PULPIT INTERACTIVE LLC
1445 NEW YORK AVE NW 5TH FLOORWASHINGTONDC20005CONSULTING$7,055,593
THE MARKHAM GROUP LLC
2001 S STEET NWWASHINGTONDC20009CONSULTING$670,200
ANNE LEWIS STRATEGIES LLC
650 MASSACHUSETTS AVE NWWASHINGTONDC20001CONSULTING$658,101
YANG STRATEGIC RESEARCH LLC
1724 CONNECTICUT AVENUE NWWASHINGTONDC20009CONSULTING$245,250
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
All Other Contributions$68,441,746AllOtherContributionsAmt
Noncash Contributions$8,516,725NoncashContributionsAmt
Total Contributions$68,441,746TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONTRACT REVENUEDesc
Business541900BusinessCd
Total Revenue Column$653,891TotalRevenueColumnAmt
Related Or Exempt Func Income$653,891RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$653,891TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,581TotalRevenueColumnAmt
Exclusion$1,581ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$8,537,332SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$8,516,128SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$21,204SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,204TotalRevenueColumnAmt
Exclusion$21,204ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,118,422TotalRevenueColumnAmt
Related Or Exempt Func Income$653,891RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$22,785ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$34,244,260TotalAmt
Program Services$34,244,260ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$45,520TotalAmt
Program Services$7,451ProgramServicesAmt
Management And General$31,988ManagementAndGeneralAmt
Fundraising$6,081FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,328,363TotalAmt
Program Services$1,260,175ProgramServicesAmt
Management And General$52,229ManagementAndGeneralAmt
Fundraising$15,959FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$72,624TotalAmt
Program Services$64,300ProgramServicesAmt
Management And General$6,737ManagementAndGeneralAmt
Fundraising$1,587FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$325,153TotalAmt
Program Services$282,793ProgramServicesAmt
Management And General$34,950ManagementAndGeneralAmt
Fundraising$7,410FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$272,160TotalAmt
Program Services$161,793ProgramServicesAmt
Management And General$107,009ManagementAndGeneralAmt
Fundraising$3,358FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,200TotalAmt
Program Services$10,819ProgramServicesAmt
Management And General$7,156ManagementAndGeneralAmt
Fundraising$225FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$567,568TotalAmt
Program Services$567,568ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$598TotalAmt
Management And General$598ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$24,668,031TotalAmt
Program Services$24,662,532ProgramServicesAmt
Management And General$5,332ManagementAndGeneralAmt
Fundraising$167FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,046TotalAmt
Program Services$8,032ProgramServicesAmt
Management And General$2,673ManagementAndGeneralAmt
Fundraising$341FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$163,032TotalAmt
Program Services$159,446ProgramServicesAmt
Management And General$1,519ManagementAndGeneralAmt
Fundraising$2,067FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$153,490TotalAmt
Program Services$82,528ProgramServicesAmt
Management And General$64,105ManagementAndGeneralAmt
Fundraising$6,857FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,172TotalAmt
Program Services$5,172ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,069TotalAmt
Management And General$9,069ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$61,884,286TotalAmt
Program Services$61,516,869ProgramServicesAmt
Management And General$323,365ManagementAndGeneralAmt
Fundraising$44,052FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$30,035BOYAmt
EOY$270,744EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$821,105BOYAmt
EOY$9,345,529EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$700EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$12,062EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,823,000BOYAmt
EOY$2,823,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,674,140BOYAmt
EOY$12,452,035EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,987BOYAmt
EOY$462,130EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$1,106,616EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,987BOYAmt
EOY$1,568,746EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$503,030BOYAmt
EOY$1,135,070EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,146,123BOYAmt
EOY$9,748,219EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,649,153BOYAmt
EOY$10,883,289EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,674,140BOYAmt
EOY$12,452,035EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$7,234,136ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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$671,960PoliticalExpendituresAmt
Expended527 Activities$671,960Expended527ActivitiesAmt
Total Exempt Function Expend$671,960TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (1)Form1120POLFiledInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1:FormAndLineReferenceDesc
ExplanationINTERNAL AND EXTERNAL COSTS RELATED TO LOBBYING AND CAMPAIGNS FOR AFFECTING POSITIVE CLIMATE CHANGE.ExplanationTxt

Schedule D IRS990ScheduleD

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

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENTSDesc
Book Value$2,823,000BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,823,000TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$69,117,824TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$69,117,824RevenueSubtotalAmt
Investment Expenses Not Incld$598InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$598RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$69,118,422TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$61,883,688TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$61,883,688ExpensesSubtotalAmt
Investment Expenses Not Incld2$598InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$598ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$61,884,286TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
BUILDING BACK TOGETHER
901 NEW YORK AVE NW SUITE 530WASHINGTONDC20001862447747501(C)(4)$2,980,000$0GENERAL SUPPORT
CENTER FOR AMERICAN PROGRESS ACTION FUND
1333 H STREET NW 10TH FLOORWASHINGTONDC20005300192708501(C)(4)$1,000,000$0GENERAL SUPPORTATTENTION DEVELOPMENT
COMMUNITY FOUNDATION OF GREATER JOHNSTOWN
216 MARKET STREET SUITE 400JOHNSTOWNPA15901251637373501(C)(3)$20,000$0GENERAL SUPPORT
CORAZON LATINO INC
1015 15TH ST NWWASHINGTONDC20005823390896501(C)(3)$15,000$0EDUCATIONAL EVENT
DEMAND JUSTICE
1010 VERMONT AVE NW SUITE 300WASHINGTONDC20005863689961501(C)(4)$2,000,000$0SOCIAL WELFARE
ENERGY ACTION FUND
301 BATTERY STREET 5TH FLOORSAN FRANCISCOCA94111263390444501(C)(4)$500,000$0GENERAL SUPPORT
EVERYTOWN FOR GUN SAFETY ACTION FUND INC
PO BOX 4184NEW YORKNY10163208802884501(C)(4)$15,000$0GENERAL SUPPORT
FAIR FIGHT ACTION INC
1270 CAROLINE STREET NE SUITEATLANTAGA30307471427359501(C)(4)$4,900,000$0GENERAL SUPPORTD120-430
INDIVISIBLE PROJECT
PO BOX 43884WASHINGTONDC20010814944067501(C)(4)$750,000$0GENERAL SUPPORT
LEAGUE OF CONSERVATION VOTERS INC
740 15TH ST NW SUITE 700WASHINGTONDC20005521733698501(C)(4)$10,675,000$0GENERAL SUPPORT
NORTH FUND
1101 CONNECTICUT AVE SUITE 450WASHINGTONDC20036834011547501(C)(4)$50,000$0GENERAL SUPPORT
OUR HAWAII ACTION
1408 MOKOLEA DRIVEKAILUAHI96734872686486501(C)(4)$50,000$0HOME STRETCH ACCOUNTABILITY CAMPAIGN
PARTNERSHIP PROJECT ACTION FUND
PO BOX 65826WASHINGTONDC20035810606786501(C)(4)$1,119,260$0CLIMATE ACTION CAMPAIGN
PRIORITIES USA
530 8TH ST SEWASHINGTONDC20003474596232501(C)(4)$10,000,000$0GENERAL SUPPORT
SIXTEEN THIRTY FUND
1201 CONNECTICUT AVE NW SUITE 300WASHINGTONDC20036264486735501(C)(4)$20,000$0POLLING
TIDES FOUNDATION
PO BOX 399389 1012 TORNEY AVENUESAN FRANCISCOCA94139510198509501(C)(3)$25,000$0PODER LATINX
WEST VIRGINIA STRONG INC
3590 BENEDICT ROADCULLODENWV25510824058689501(C)(4)$125,000$0GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org14TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFBF GRANTS INCLUDE REQUIREMENTS FOR PERIODIC REPORTS RECONCILING GRANT ACTIVITIES, PROGRESS, AND OUTCOMES WITH GRANT OBJECTIVES, AS WELL AS A RECONCILIATION OF GRANT EXPENDITURES WITH THE PROPOSAL BUDGET. IN ADDITION, STAFF MAINTAINS CONTACT WITH GRANTEES AND PERIODICALLY CONDUCTS FIELD VISITS FOR SIGNIFICANT PROJECTS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$8,516,725NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THE PRESIDENT, TREASURER AND ONE DIRECTOR ALSO SERVED THE SAME ROLES AT RESOURCES LEGACY FUND (RLF), A 501(C)(3) ORGANIZATION AND SHARED ASCENT FUND, A 501(C)(3) ORGANIZATION. FBF AND SAF ARE RELATED TO EACH OTHER BUT ARE UNRELATED TO RLF.
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 15THE RLF GOVERNANCE COMMITTEE, A COMMITTEE OF THE RLF BOARD, ENGAGED AN OUTSIDE CONSULTANT TO REVIEW THE EXECUTIVE COMPENSATION OF PEER ORGANIZATIONS, TO ASSESS EXECUTIVE COMPENSATION, AND TO PROVIDE AN INDEPENDENT OPINION REGARDING THE REASONABLENESS OF THE EXECUTIVE COMPENSATION. THE FBF OFFICERS INCLUDING PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT. THIS PROCESS WAS LAST UNDERTAKEN IN 2021.
FORM 990, PART VI, SECTION C, LINE 19AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM THE FBF'S WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION A, LINE 1AFBF AND RESOURCES LEGACY FUND, 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 THAT, FBF REIMBURSED RLF FOR PERSONNEL COSTS FOR MICHAEL MANTELL, ROSINA BUGARIN, AND HELENA CHOI. RLF'S COMPENSATION OF $24,292 TO MICHAEL MANTELL, $17,591 TO ROSINA BUGARIN, AND $3,637 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY FBF FOR THEIR DIRECT AND INDIRECT COSTS INCURRED ON BEHALF OF FBF.
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL SVCS: PROGRAM SERVICE EXPENSES 8,062. MANAGEMENT AND GENERAL EXPENSES 5,332. FUNDRAISING EXPENSES 167. TOTAL EXPENSES 13,561. CONSULTING FEES: PROGRAM SERVICE EXPENSES 24,654,470. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,654,470.
FORM 990, PART XII, LINE 2CNEITHER PROCESS HAS CHANGED FROM THE PRIOR YEAR.
FORM 990, PART IX, LINES 5-10FBF DOES NOT PAY ANY PAYROLL TAXES DIRECTLY; RESOURCES LEGACY FUND SATISFIES EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF FBF.

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 Line1555 CAPITAL MALL SUITE 1095AddressLine1Txt
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
Direct Controlling NAN/ADirectControllingNACd
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