2021-04-07T19:12:16-05:00 2020-06-30 132781641 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 990 2019-07-01 260003950 LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE LIVI 6464422200 1040 AVENUE OF THE AMERICAS NO 17 NEW YORK NY 10018 BEN HECHT PRESIDENT & CEO 6464422200 2021-04-07 1 FREDERICK E DAVIS JR P00446023 2127094500 2019 2022-09-23 18:48:47Z BEN HECHT 1040 AVENUE OF THE AMERICAS NO 17 F NEW YORK NY 10018 20167677 0 X WWW.LIVINGCITIES.ORG X 2001 DE LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. 18 18 43 0 0 0 10337789 19536519 897524 0 81936 495684 31973 135474 11349222 20167677 3126850 1107472 0 0 6272151 5241918 0 0 557485 6047235 3832627 15446236 10182017 -4097014 9985660 46675708 61675903 30204816 34996738 16470892 26679165 LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. 0 0 1967802 0 CLOSING THE GAPS NETWORK - THE CLOSING THE GAPS NETWORK IS A PROGRAMMATIC AREA CONSISTING OF THREE SUB INITIATIVES, WHICH ARE PRACTICE AREAS, STRATEGY AREA, AND FIELD BUILDING AND SECTORAL CHANGE. THE CLOSING THE GAPS NETWORK ACKNOWLEDGES THAT THROUGH POLICIES, LAWS, AND PRACTICES THAT CONFERRED ADVANTAGES AND DISADVANTAGES ALONG RACIAL LINES, GOVERNMENT HAS PLAYED A LARGE ROLE IN CREATING AND MAINTAINING INEQUITIES THAT HAVE LED TO RACIAL INCOME AND WEALTH GAPS. GOVERNMENT CAN PLAY AN OUTSIZED ROLE IN ADDRESSING THEM. THE NETWORK BRINGS TOGETHER LOCAL GOVERNMENT LEADERS FROM UP TO 30 CITIES FROM ACROSS THE COUNTRY WHO ARE COMMITTED TO IMAGINING WHAT AN ANTIRACIST SOCIETY MIGHT LOOK LIKE, AND TO PLAYING AN IMPORTANT ROLE IN BUILDING IT THROUGH TRANSFORMING GOVERNMENT POLICIES, PRACTICES, AND OPERATIONS. 1769018 401247 CAPITAL FOR THE NEW MAJORITY - ACCORDING TO EXISTING DATA TO BETTER UNDERSTAND THE SCALE OF THE RACIAL INCOME AND WEALTH GAPS, CAPITAL IS NOT DISTRIBUTED EQUITABLY. IN A COUNTRY UNDERGOING RAPID DEMOGRAPHIC SHIFTS, ADDRESSING SYSTEMIC RACIAL DISPARITIES IS PARAMOUNT. THIS PROJECT WILL IDENTIFY OPPORTUNITIES TO SHIFT POWER WITHIN THE CAPITAL SYSTEMS AND ACHIEVE BETTER OUTCOMES FOR ALL PEOPLE LIVING IN U.S. CITIES. CAPITAL FOR THE NEW MAJORITY WILL EXPLORE THE CREATION OF A HYBRID EQUITY FUND THAT ADDRESSES THE CAPITAL NEEDS OF FUND MANAGERS OF COLOR, EXAMINE WAYS TO LEVEL THE PLAYING FIELD FOR WEALTH BUILDING, AND LEVERAGE RELATIONSHIPS TO PROMOTE THE DEVELOPMENT OF A COMMUNITY PRACTICE THAT CHANNELS CAPITAL INTO THE HANDS OF FOUNDERS AND FUND MANAGERS OF COLOR. 1060617 498960 CITY ACCELERATOR - AN INITIATIVE OF THE CITI FOUNDATION AND LIVING CITIES, WORKS WITHIN AND ACROSS CITIES TO ADVANCE AND PROMOTE THE SPREAD OF PROMISING INNOVATIONS THAT WILL HAVE A SIGNIFICANT IMPACT IN THE LIVES OF RESIDENTS. SINCE 2014, THE CITY ACCELERATOR HAS SELECTED 21 U.S. CITIES TO PILOT INNOVATIVE EFFORTS THAT GENERATE ECONOMIC OPPORTUNITIES FOR LOW-INCOME POPULATIONS AND HELP MUNICIPALITIES RUN MORE EFFECTIVELY. PARTICIPATING CITIES ALSO BENEFIT FROM ONGOING INTERACTION WITH LEADING PRACTITIONERS FROM AROUND THE COUNTRY AND SHARE LESSONS LEARNED TO HELP OTHER CITIES ADVANCE SIMILAR WORK. 2292959 608512 2292959 608512 7090396 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 55 0 1 43 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 DC NY X ESTHER MENSAH-SULLIVAN 6464422222 1730 M STREET NW SUITE 400 WASHINGTON DC 20036 LISA HAMILTON BOARD MEMBER 5.00 X 0 0 0 ANDREW PLEPLER BOARD MEMBER 2.00 X 0 0 0 BRANDEE MCHALE CHAIR 5.00 X 0 0 0 FLORENCIA SPANGARO BOARD MEMBER 2.00 X 0 0 0 RYAN RIPPEL BOARD MEMBER 2.00 X 0 0 0 BARBARA PICOWER BOARD MEMBER 2.00 X 0 0 0 RIP RAPSON BOARD MEMBER 2.00 X 0 0 0 TAWA MITCHELL BOARD MEMBER 2.00 X 0 0 0 KARA CARLISLE BOARD MEMBER 2.00 X 0 0 0 DENNIS WHITE BOARD MEMBER 2.00 X 0 0 0 LATA REDDY VICE CHAIR 2.00 X 0 0 0 RICHARD BESSER BOARD MEMBER 2.00 X 0 0 0 OTIS ROLLEY III BOARD MEMBER 2.00 X 0 0 0 DON 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21147 13722 7425 6352 4041 2311 10182017 7090396 2534136 557485 11283165 24253552 1952868 1082059 5474902 13785309 19346503 13955958 57240 105848 948445 751835 230416 196610 6116009 6241475 2133138 1973625 81467 81467 46675708 61675903 562708 197514 708581 252058 28336304 33990394 597223 556772 30204816 34996738 X 9583867 11327844 6887025 15351321 16470892 26679165 46675708 61675903 9985660 222613 0 X 0 1 X 1 0 X 11118733 28128179 1809243 10337789 19536519 70930463 11118733 28128179 1809243 10337789 19536519 70930463 44230933 26699530 28827 28168 56579 470328 495684 1079586 7367 4711 88627 31973 135474 268152 72278201 0.36940 0.34890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249114 179295 69819 699331 572540 126791 196610 DEFERRED RENT 165198 REFUNDABLE ADVANCE 388595 DEFERRED REVENUE 2979 556772 X 20390290 222613 222613 20167677 0 20167677 10182017 0 10182017 0 10182017 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR FURTHER DISCLOSURE IN THE NOTES TO THE FINANCIAL STATEMENTS. 0 CITY OF CLEVELAND 601 LAKESIDE AVE RM 335 CLEVELAND OH 44114 50000 SEE PART IV CITY OF EL PASO 300 N CAMPBELL EL PASO TX 79901 50000 SEE PART IV CITY OF HOUSTON 611 WLAKER ST 7TH FL HOUSTON TX 77002 50000 SEE PART IV CITY OF KANSAS CITY 414 EAST 12 ST KANSAS CITY MO 64106 50000 SEE PART IV CITY OF MINNEAPOLIS 350 SOUTH ST MINNEAPOLIS MN 55415 50000 SEE PART IV CITY OF PITTSBURGH 414 GRANT ST PITTSBURGH PA 15219 50000 SEE PART IV CITY OF ROCHESTER 30 CHURCH ST ROCHESTER NY 14616 -1040 SEE PART IV CITY OF SOUTH BEND 27 W JEFFERSON SUITE 1400 27 W JEFFERSON SUITE 1400 SOUTH BEND IN 46601 50000 SEE PART IV ECONOMIC DEVELOPMENT & INDUSTRIAL CORP OF BOSTON 43 HAWKINS ST BOSTON MA 02114 042690883 50000 SEE PART IV HARVARD GRADUATE SCHOOL OF DESIGN 48 QUNICY ST CAMBRIDGE MA 02138 042103580 22000 SEE PART IV MAYOR'S FUND FOR PHILADELPHIA CITY HALL ROOM 267 PHILADELPHIA PA 19107 50000 SEE PART IV NASHVILLE DAVIDSON COUNTY 730 SECOND AVE S SUITE 150 NASHVILLE TN 37210 50000 SEE PART IV NATHAN CUMMINGS FOUNDATION 475 10TH AVE 14TH FL NEW YORK NY 10018 237093201 195000 SEE PART IV SCHOTT FOUNDATION 1250 HANCOCK ST SUITE 803 NQUINCY MA 02138 043457065 52762 SEE PART IV SILCON VALLEY FOUNDATION 2440 WEST EL CAMINO REAL SUITE 300 MOUNTAIN VIEW CA 94040 205205488 95000 SEE PART IV SURDNA FOUNDATION 200 MADISON AVE NEW YORK NY 10017 136108163 243750 SEE PART IV PART I DESCRIPTION OF PROCEDURE FOR MONITORING USE OF FUNDS: PROGRAM MILESTONES, PERIODIC REPORTS AND FINANCIAL REPORTS ARE REQUIRED OF EACH GRANTEE. PART II PURPOSE OF GRANT OR ASSISTANCE: PAGE 1: (1)FISCAL SPONSORSHIP TO FRONTLINE SOLUTIONS ACTIVEST PROJECT, FINES & FEES BONDHOLDER ADVOCACY CAMPAIGN (2)FISCAL SPONSORSHIP TO FRONTLINE SOLUTIONS' ACTIVEST PROJECT, TO DEVELOP A COMPREHENSIVE REGIONAL STRATEGY FOR ACHIEVING SCHOTT'S GOALS IN THE SOUTHERN UNITED STATES. (3)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (4)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (5)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (6)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT PAGE 2 (7)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (8)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (9)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (10)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (11)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (12)SUPPORT THE CITY'S WORK WITH THE CITY ACCELERATOR'S RETAKE: INCLUSIVE PROCUREMENT COHORT (13)FISCAL SPONSORSHIP-FRONTLINE (14)FISCAL SPONSORSHIP-FRONTLINE (15)GIFT IN SUPPORT OF COURSE-LOCAL GOVERNMENT SOLUTIONS TO AMERICA'S AFFORDABLE RENTAL HOUSING CRISIS X X 0 0 0 0 0 0 0 0 0 BEN HECHT PRESIDENT & CEO 455717 0 0 0 0 0 27445 0 1906 0 485068 0 0 0 ELODIE BAQUEROT CHIEF OPERATING OFFICER 258215 0 0 0 0 0 23906 0 1890 0 284011 0 0 0 JANAY QUEEN NAZAIRE CHIEF STRATEGY OFFICER 192975 0 0 0 0 0 19031 0 1407 0 213413 0 0 0 ELLEN WARD CHIEF OF STAFF 161267 0 0 0 0 0 15517 0 1191 0 177975 0 0 0 ESTHER MENSAH-SULLIVAN CONTROLLER 157228 0 0 0 0 0 13690 0 1125 0 172043 0 0 0 BRINDA GANGULY MANAGING DIRECTOR OF THE CATALYST LO 210099 0 0 0 0 0 10096 0 1602 0 221797 0 0 0 DEMETRIC DUCKETT MANAGING DIRECTOR 196481 0 0 0 0 0 16252 0 1427 0 214160 0 0 0 NADIA OWUSU ASSOCIATE DIRECTOR FOR LEARNING & EQ 171402 0 0 0 0 0 16613 0 1266 0 189281 0 0 0 ELIZABETH REYNOSO ASSOCIATE DIRECTOR, PUBLIC SECTOR IN 168432 0 0 0 0 0 16613 0 1243 0 186288 0 0 0 JULIE BOSLAND ASSOCIATE DIRECTOR, PUBLIC SECTOR IN 165705 0 0 0 0 0 12352 0 1304 0 179361 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A EACH "FUNDING ORGANIZATION" HAS THE RIGHT TO APPOINT A DIRECTOR TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, MITCHELL TITUS, LLP, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S ACCOUNTING MANAGER, AND IS REVIEWED PRIOR TO SIGNING BY THE ORGANIZATIONS CEO AND COO FOR FILING. THE AUDIT COMMITTEE IS NOT INVOLVED IN THE REVIEW/FILING PROCESS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES MUST SIGN A CONFLICT OF INTERST DISCLOSURE STATEMENT WHEN HIRED; THE STATEMENT EXPLICITLY REQUIRES THE EMPLOYEE TO REPORT, TO FILE, AND AMEND STATEMENT WITH THE CEO IF A CONFLICT MAY ARISE DURING THEIR TENURE. FORM 990, PART VI, SECTION B, LINE 15 IN 2013, THE ORGANIZATION RETAINED A COMPENSATION CONSULTANT TO REVIEW AND CONFIRM THE SALARY RANGES OF ALL POSITIONS IN THE ORGANIZATION. THE RESULTS OF THAT STUDY WERE UPDATED IN 2015, FISCAL YEAR 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 113,644. MANAGEMENT AND GENERAL EXPENSES 64,983. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 178,627. CONSULTANT FEES & EXPENSES: PROGRAM SERVICE EXPENSES 1,120,122. MANAGEMENT AND GENERAL EXPENSES 211,993. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,332,115. LIVING CITIES CATALYST FUND LLC 1040 AVENUE OF THE AMERICAS NEW YORK NY 10018 262987680 PRI LENDER DE -51001 13943483 LCI LIVING CITIES BLENDED CATALYST FUND LLC 1040 AVENUE OF THE AMERICAS NEW YORK NY 10018 300889697 PRI LENDER DE -10989 24817597 LCI