FOLLOW YOUR DREAM FOUNDATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FOLLOW YOUR DREAM FOUNDATION INC (EIN 38-3581515)
- Tax period
- 2024-07-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349318168
- Schema version
- 2024v5.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T13:28:20-08:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 810926770 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 WALL ST 32ND FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383581515 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOLLOW YOUR DREAM FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOLL | BusinessNameControlTxt |
| Phone | 2124613703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 west 36th street 8th floor | AddressLine1Txt |
| City | new york | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeremy Hockenstein | PersonNm |
| Person Title | president/Treasurer | PersonTitleTxt |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Miaoling Lin | PreparerPersonNm |
| PTIN | P00431817 | PTIN |
| Phone | 2127850100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jeremy Hockenstein | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 west 36th street 8th floor | AddressLine1Txt |
| City | new york | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $21,091,096 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | To create better futures for disadvantaged people | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $65,135,038 | PYContributionsGrantsAmt |
| CY Contributions Grants | $399,999 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $215,889 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $136,244 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,883,974 | PYInvestmentIncomeAmt |
| CY Investment Income | $714,233 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $67,234,901 | PYTotalRevenueAmt |
| CY Total Revenue | $1,250,476 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $63,948,478 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $20,931,602 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $912,175 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $344,499 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,249,281 | PYOtherExpensesAmt |
| CY Other Expenses | $5,392,989 | CYOtherExpensesAmt |
| PY Total Expenses | $69,109,934 | PYTotalExpensesAmt |
| CY Total Expenses | $26,669,090 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,875,033 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$25,418,614 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $59,275,935 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,658,116 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,035,807 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,347,765 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $35,240,128 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,310,351 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To create better futures for disadvantaged people | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $25,552,905 | ExpenseAmt |
| Grant | $20,761,340 | GrantAmt |
| Revenue | $136,244 | RevenueAmt |
| Desc | Running the Livelihood Impact Fund program, which provides grants and loans and intensive consulting support for organizations working to increase incomes for the poor.As part of the Livelihood Impact Fund program, Follow Your Dream has a team of staff, consultants and volunteers who work closely with our grantees. This team has specialized skills and expertise in a range of relevant areas. They provide capacity building support to our grantees and also oversee our research grants. In some areas, such as our eyeglass initiative, our director supervises and directs the activities of grantee organizations as part of our work to significantly increase the number of reading glasses distributed to low-income people. In these cases, grantees conduct activities under the general direction and supervision of Follow Your Dream.FYD has made program-related investments in several for-profit social enterprises, such as Kuza Koolers, Rashak and Farmworks. In these cases, we work closely with the organizations to build their capacity and help them strengthen their long-term impact. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $667,241 | ExpenseAmt |
| Desc | Running programs to benefit poor youth | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $215,007 | ExpenseAmt |
| Grant | $170,262 | GrantAmt |
| Desc | Providing educational scholarships and mentorship | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,435,153 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 17 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | The organization | PersonNm |
| Phone | 2124613703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 west 36th street 8th floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Jeremy Hockenstein | |||||||
| President/Treas | 5.00 | 0.00 | Yes (X) | Yes (X) | $59,333 | $0 | $0 |
| Amolo Ngweno | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Noelia Moshi | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Vernon Naidoo | |||||||
| Secretary | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Sari Miller | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $59,333 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Impact Talent Network Inc | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 Central Park West | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | consulting | ServicesDesc |
| Compensation | $123,250 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $399,999 | AllOtherContributionsAmt |
| Total Contributions | $399,999 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Loans interest income | 522291 | $34,747 | $34,747 |
| Tarrytown conference rev | 900099 | $101,497 | $101,497 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $136,244 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $554,853 | TotalRevenueColumnAmt |
| Exclusion | $554,853 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,000,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,840,620 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $159,380 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $159,380 | TotalRevenueColumnAmt |
| Exclusion | $159,380 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,250,476 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $136,244 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $714,233 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,965,732 | TotalAmt |
| Program Services | $18,965,732 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,965,870 | TotalAmt |
| Program Services | $1,965,870 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,498 | TotalAmt |
| Program Services | $269,498 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,320 | TotalAmt |
| Program Services | $12,320 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,842 | TotalAmt |
| Program Services | $44,842 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,839 | TotalAmt |
| Program Services | $17,839 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,119 | TotalAmt |
| Management And General | $118,119 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,083 | TotalAmt |
| Management And General | $19,083 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,160,573 | TotalAmt |
| Program Services | $1,160,573 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,572 | TotalAmt |
| Management And General | $52,572 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,649 | TotalAmt |
| Management And General | $43,649 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,175 | TotalAmt |
| Program Services | $102,175 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,508 | TotalAmt |
| Program Services | $64,508 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Investment impairment | $3,165,050 | $3,165,050 |
| discount of grants payable | $311,213 | $311,213 |
| Urban living costs | $244,586 | $244,586 |
| Bad debt expense | $66,202 | $66,202 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,259 | TotalAmt |
| Program Services | $44,745 | ProgramServicesAmt |
| Management And General | $514 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,669,090 | TotalAmt |
| Program Services | $26,435,153 | ProgramServicesAmt |
| Management And General | $233,937 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $320,303 | BOYAmt |
| EOY | $353,163 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $882,003 | BOYAmt |
| EOY | $880,749 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,057 | BOYAmt |
| EOY | $89,709 | EOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,030,384 | BOYAmt |
| EOY | $11,518,436 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,651,297 | BOYAmt |
| EOY | $15,783,760 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $361,891 | BOYAmt |
| EOY | $1,032,299 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,275,935 | BOYAmt |
| EOY | $29,658,116 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,469 | BOYAmt |
| EOY | $62,043 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,954,338 | BOYAmt |
| EOY | $21,285,722 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,035,807 | BOYAmt |
| EOY | $21,347,765 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,240,128 | BOYAmt |
| EOY | $8,310,351 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,240,128 | BOYAmt |
| EOY | $8,310,351 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,275,935 | BOYAmt |
| EOY | $29,658,116 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$25,418,614 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $307,923 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$1,819,086 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $318,549 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $279,110 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,092,822 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,135,038 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $399,999 | CurrentTaxYearAmt |
| Total | $111,225,518 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $318,549 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $279,110 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,092,822 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,135,038 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $399,999 | CurrentTaxYearAmt |
| Total | $111,225,518 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $111,225,518 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,957 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,932 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $575,094 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,883,974 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $714,233 | CurrentTaxYearAmt |
| Total | $3,178,190 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $114,403,708 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $352,133 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.97220 | PublicSupportCY170Pct |
| Public Support PY170 | 0.97830 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $15,783,760 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,558,399 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $307,923 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $307,923 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,250,476 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,250,476 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,669,090 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $26,669,090 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $26,669,090 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X : FIN48 Footnote | FormAndLineReferenceDesc |
| Explanation | FYD is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. FYD has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdictions where it operates. FYD does not anticipate any significant uncertain tax positions that would require recognition in the financial statements. Periods ending June 30, 2021 and subsequent remain subject to examination by the taxing authorities | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CAMBODIA | 0 | 0 | program services | benefit poor youth | $215,007 |
| SUB-SAHARAN AFRICA | 0 | 3 | PROGRAM SERVICES | GRANTS/CAPACITY BUILDING | $1,795,608 |
| Sub-saharan africa | 0 | 3 | Program Services | create economic opportunity | $667,242 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Employees | 6 | SubtotalEmployeesCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Subtotal Spent | $2,677,857 | SubtotalSpentAmt |
| Total Spent | $2,677,857 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (31 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| Sub-Saharan Afr | Project purpose | $10,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $100,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $100,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $100,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $100,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $15,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $200,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $200,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $20,001 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $25,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $30,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $30,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $30,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $322,500 | WIRE |
| Sub-Saharan Afr | Project purpose | $5,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $50,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $50,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $50,000 | WIRE |
| Sub-Saharan Afr | Project purpose | $58,107 | WIRE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 31 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Scholarship | TypeOfAssistanceTxt |
| Region | Africa | RegionTxt |
| Recipient | 16 | RecipientCnt |
| Cash Grant | $170,262 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire transfer | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US | We do not monitor grants to 501c3 public charities, but for other grantees, we have grant agreements and ask for written confirmation of how the funds were used. |
| Part I, Line 3f - Method of Accounting | Accrual basis of accounting |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (36 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| 2020 Quest Foundation | |||||||||
| 6929 N HAYDEN RD SUITE C4-139 | SCOTTSDALE | AZ | 85250 | 043747651 | 501(C)(3) | $50,000 | $0 | Actual amount | General Support |
| African Visionary Fund | |||||||||
| 769 Centre ST 201 | Boston | MA | 02130 | 920715931 | 501(C)(3) | $50,000 | $0 | Actual amount | General Support |
| Appleseed Inc | |||||||||
| PMB 97263 | Washington | DC | 20002 | 521835698 | 501(C)(3) | $750,000 | $0 | Actual amount | General Support |
| Ariadne Labs | |||||||||
| ATTN MGB TAX DEPT 399 REVOLUT | Somerville | MA | 02145 | 042312909 | 501(C)(3) | $500,000 | $0 | Actual amount | General Support |
| Brigham & Womens Hosp | |||||||||
| 263 Huntington Avenue 318 | Boston | MA | 02115 | 042312909 | 501(C)(3) | $198,000 | $0 | Actual amount | General Support |
| Brown University | |||||||||
| BOX J BROWN UNIVERSITY | PROVIDENCE | RI | 02912 | 050258809 | 501(C)(3) | $110,000 | $0 | Actual amount | General Support |
| Center for Innovative Governa | |||||||||
| 1717 K Street NW 900 | Washington | DC | 20006 | 823264419 | 501(C)(3) | $750,000 | $0 | Actual amount | General Support |
| Climate Action for SMA | |||||||||
| 151 MIDDLESEX RD | Chestnut Hill | MA | 02467 | 990644533 | 501(C)(3) | $250,000 | $0 | Actual amount | General Support |
| Digital Divide Data | |||||||||
| 266 W 37TH ST RM 803 | New York | NY | 10018 | 201148452 | 501(C)(3) | $500,000 | $0 | Actual amount | General Support |
| Emma Torch | |||||||||
| 345 SMITH STREET | BROOKLYN | NY | 11231 | 813651292 | 501(C)(3) | $500,000 | $0 | Actual amount | General Support |
| Founders Pledge Inc | |||||||||
| 228 PARK AVE S PMB 71081 | New York | NY | 10003 | 371795297 | 501(C)(3) | $2,000,000 | $0 | Actual amount | General Support |
| Friends of HIH International | |||||||||
| 300 BRICKSTONE SQ | ANDOVER | MA | 01810 | 463283834 | 501(C)(3) | $50,000 | $0 | Actual amount | General Support |
| Friends of Raising the Villag | |||||||||
| 511 AVENUE OF THE AMERICAS AP | New York | NY | 10011 | 812578460 | 501(C)(3) | $500,000 | $0 | Actual amount | General Support |
| Jewish Communal Fund | |||||||||
| 575 MADISON AVE STE 703 | New York | NY | 10022 | 237174183 | 501(C)(3) | $2,200,000 | $0 | Actual amount | General Support |
| Johns Hopkins University | |||||||||
| 3910 KESWICK ROAD N4327B | BALTIMORE | MD | 21211 | 520595110 | 501(C)(3) | $255,250 | $0 | Actual amount | General Support |
| Labor Mobility Partner | |||||||||
| 712 H STREET NE 1902 | Washington | DC | 20002 | 841991867 | 501(C)(3) | $150,000 | $0 | Actual amount | General Support |
| Last Mile Health | |||||||||
| 68 HARRISON AVE STE 605 | Boston | MA | 02111 | 261401736 | 501(C)(3) | $10,000 | $0 | Actual amount | General Support |
| Maisha Meds Inc | |||||||||
| 548 MARKET STREET PMB 49446 | SAN FRANCISCO | CA | 94104 | 814618222 | 501(C)(3) | $300,000 | $0 | Actual amount | General Support |
| MIT | |||||||||
| 299 MARKET ST STE 250 | Saddle Brook | MA | 07663 | 812731492 | 501(C)(3) | $1,152,452 | $0 | Actual amount | General Support |
| NEPI | |||||||||
| 2220 OAKMAN BLVD | Detroit | MI | 48238 | 813844173 | 501(C)(3) | $77,070 | $0 | Actual amount | General Support |
| Network for Empowerment | |||||||||
| 2220 OAKMAN BLVD | Detroit | MI | 48238 | 813844173 | 501(C)(3) | $100,000 | $0 | Actual amount | General Support |
| One Acre Fund | |||||||||
| 2070 GREEN BAY ROAD SUITE 183 | Highland Park | IL | 60035 | 203668110 | 501(C)(3) | $750,000 | $0 | Actual amount | General Support |
| Redeem international | |||||||||
| PO BOX 2991 | Merrifield | VA | 22116 | 352674436 | 501(C)(3) | $150,000 | $0 | Actual amount | General Support |
| RestoringVision | |||||||||
| 2443 FILLMORE ST 380-4700 | San Francisco | CA | 94115 | 454920275 | 501(C)(3) | $73,668 | $0 | Actual amount | General Support |
| Rocket Learning Foundation | |||||||||
| 225 S Weymouth Road | Southern Pines | NC | 28387 | 873912378 | 501(C)(3) | $120,000 | $0 | Actual amount | General Support |
| Sightsavers Inc | |||||||||
| ONE BOSTON PLACE 2600 | Boston | MA | 02108 | 474657747 | 501(C)(3) | $8,944 | $0 | Actual amount | General Support |
| Solutions Journalism Network | |||||||||
| 405 LEXINGTON AVENUE SUITE 81 | New York | NY | 10174 | 462265729 | 501(C)(3) | $165,000 | $0 | Actual amount | General Support |
| The Agency Fund | |||||||||
| 2261 Market Street 4524 | San Francisco | CA | 94114 | 932219314 | 501(C)(3) | $250,000 | $0 | Actual amount | General Support |
| The Clear Fund DBA GiveWell | |||||||||
| 1714 FRANKLIN STREET 100335 | Oakland | CA | 94612 | 208625442 | 501(C)(3) | $2,000,000 | $0 | Actual amount | General Support |
| THE GLOBAL DEVELOPMENT INCUBA | |||||||||
| 1401 K STREET NW 900 | WASHINGTON | DC | 20005 | 141945286 | 501(C)(3) | $250,000 | $0 | Actual amount | General Support |
| The Resolution Project | |||||||||
| 370 LEXINGTON AVE RM 302 | New York | NY | 10017 | 264394051 | 501(C)(3) | $50,000 | $0 | Actual amount | General Support |
| UBS Financial Services Inc | |||||||||
| 11 Madison Ave | New York | NY | 10010 | 331712876 | 501(C)(3) | $4,400,000 | $0 | Actual amount | General Support |
| UCI Foundation | |||||||||
| 510 East Peltason Dr 5000 | Irvine | CA | 92697 | 952540117 | 501(C)(3) | $64,000 | $0 | Actual amount | General Support |
| VisionSpring Inc | |||||||||
| 30 E 60TH ST RM 201 | New York | NY | 10022 | 311811558 | 501(C)(3) | $191,713 | $0 | Actual amount | General Support |
| WelcomeNST | |||||||||
| 94 GOLDEN RUN ROAD | BOLTON | MA | 01740 | 851674143 | 501(C)(3) | $10,000 | $0 | Actual amount | General Support |
| WISER Intl | |||||||||
| 2608 ERWIN ROAD | Durham | NC | 27705 | 273367993 | 501(C)(3) | $25,000 | $0 | Actual amount | General Support |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 36 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | We have grant agreements and and require detailed written reports on how the funds were used | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeremy Hockenstein | PersonNm |
| Title | President/Treas | TitleTxt |
| Base Compensation Filing Org | $59,333 | BaseCompensationFilingOrgAmt |
| Total Compensation Filing Org | $59,333 | TotalCompensationFilingOrgAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II, Compensation from Unrelated Organizations | FormAndLineReferenceDesc |
| Explanation | JEREMY HOCKENSTEIN EARNED $59,333 IN DEFERRED COMPENSATION FROM THE 2:16 FUND, ATAX-EXEMPT ORGANIZATION (EIN 85-4221881) IN THE CALENDAR YEAR 2024, FOR ADVISING ANDSUPPORTING THE SETUP AND RUNNING OF THE LIVELIHOOD IMPACT FUND PROGRAM. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Abigail Steinberg | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Family member | RelationshipDescriptionTxt |
| Transaction | $100,000 | TransactionAmt |
| Transaction | Employment compensation | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part V Supplemental Information | FormAndLineReferenceDesc |
| Explanation | Abigail Steinberg is a family member of Sari Miller, a Board Member | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | THE DRAFT 990 WAS CIRCULATED TO ALL BOARD MEMBERS BEFORE FILING, AND ANY COMMENTS WERE ADDRESSED. |
| Form 990, Part VI, Section B, Line 12c | IN ADDITION TO THE ANNUAL DISCLOSURES, ALL BOARD MEMBERS ARE REMINDED TO DISCLOSE ANY CONFLICTS IF ANY TOPICS ARE RAISED FOR WHICH THEY HAVE ANY POTENTIAL CONFLICTS, AND THEN TO RECUSE THEMSELVES FOR ALL DISCUSSION IF SO. |
| Form 990, Part VI, Section C, Line 18 | THESE ARE MADE AVAILABLE UPON REQUEST BY ANY PARTY |
| Form 990, Part VI, Section C, Line 19 | No documents available to the public. |
| Form 990, Part XI, Line 8 Prior period adjustments | A prior period adjustment was made to increase the grant expense of $1,819,086 recognized in the prior years. Net assets as of July 1, 2024 has been restated to correct the aggregate effect of the error. |