2025-11-10T10:37:21-06:00 2024-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2024-01-01 136068327 Council on Foundations Inc COUN 2029912225 1255 23rd Street NW 200 Washington DC 20037 Kathleen P Enright President and CEO 2029912225 2025-11-06 1 1 Yong Zhang CPA P01249785 7038930300 2025-10-30 2024 2025-03-06 01:10:19Z Kathleen P Enright 1255 23rd Street NW 200 Washington DC 20037 18470900 0 X https://cof.org/ X 1957 NY To support philanthropy to be a trusted partner in advancing the greater good. 14 14 59 150 68132 0 3779465 8451348 9029224 3708476 406687 687465 0 86632 13215376 12933921 60959 44575 0 0 7308717 8317455 0 0 516331 4901941 5096080 12271617 13458110 943759 -524189 39923596 38184941 6934867 6402110 32988729 31782831 The Council on Foundations fosters an environment where philanthropy can thrive and cultivates a community of diverse and skilled philanthropic professionals and organizations who lead with integrity, serve as ethical stewards and advocate for progress. 0 0 8264851 44094 9732680 Member services - the Council provides educational programs and resources about the issues and topics most impacting philanthropy, ensuring that our members have the tools they need to develop better ways of operating. The Council also provides networking opportunities, facilitates professional development, and builds bridges between foundations across the country and around the world. Through this work, the council seeks opportunities to partner with peer philanthropy serving organizations and amplify their work. 1417286 255 Strategic Communications - the Council shares the good work of philanthropy with our members, sector partners, media, and government through digital communications channels, publications, and knowledge products. We provide foundations with the information, resources, and connections they need to improve their practice and learn from their peers. 1308587 226 Public Policy - the Council is a leading advocacy organization for the philanthropic sector and builds strong relationships with policy makers and regulators in order to advocate for laws and regulations that advance the greater good, enable diverse philanthropic endeavors to thrive, and spur the growth of charitable giving without increasing wealth inequality. With respect to our advocacy efforts, any activities that meet the definition of lobbying are reported on supplemental Schedule C. 10990724 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 49 0 1 59 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AR CA CT FL GA IL KS KY ME MD MA MI MN MS OH NJ NM NY NC PA WA X X Kathleen P Enright 2029912225 1255 23rd Street NW 200 Washington DC 20037 Peter Laugharn Chair 8.50 X X 0 0 0 Jay Williams Vice Chair 8.50 X X 0 0 0 Srik Gopal Secretary 8.50 X X 0 0 0 Jen Ford Reedy Treasurer 8.50 X X 0 0 0 Ben Chandler Director 8.50 X 0 0 0 Brennan Gould Director 8.50 X 0 0 0 Tia Hodges Director 8.50 X 0 0 0 Jenn Hoos Rothberg Director 8.50 X 0 0 0 Mae Hong Director 8.50 X 0 0 0 Martha Jimenez Director 8.50 X 0 0 0 Galen Maness Director 8.50 X 0 0 0 Juan Martinez Director 8.50 X 0 0 0 Brandee McHale Director 8.50 X 0 0 0 Mason Rummel Director 8.50 X 0 0 0 Kathleen Enright President & CEO 40.00 X 607133 0 83017 Chana Anderson VP, People, Equity & Operations 40.00 X 242744 0 36108 Kristen Scott Kennedy Exec.VP 40.00 X 231338 0 39976 Natalie Ross VP, Membership, Development, & Finance 40.00 X 224193 0 39566 Jennifer Holcomb VP, Government Affairs & Legal 40.00 X 199675 0 44626 Nicole Bronzan VP, Communications & Content 40.00 X 196620 0 37871 Zaynab Nawaz VP, Programs & Peer Engagement 40.00 X 171106 0 46254 David Rosado Senior Advisor, Community Philanthropy 40.00 X 157537 0 36108 Yoo-Jin Kang Director, DEI Programs 40.00 X 146048 0 39976 Benjamin McDearmon Director, Legal 40.00 X 143666 0 39566 Shante Bureau Director, Finance 40.00 X 142600 0 44626 2462660 0 487694 26 0 1 0 Hilton Chicago (Park US Lessee Holdings 720 South Michigan Ave Chicago IL 60605 Conference Services 656630 CliftonLarsonAllen LLP 901 North Glebe Road Suite 200 Arlington VA 22203 Accounting Services 194966 VanDamme Associates Inc- Nimble User- AR Dept 2145 PO Box 122145 Dallas TX 75312 IT Services 183846 Colmena Collective Benefits LLC W 36th Street Suite 696 Baltimore MD 21211 Consulting Services 160967 University of Florida STE 1250 E Campus Office Bldg PO B Gainesville FL 32611 Consulting Services 139078 8 6024204 2427144 5323 8451348 Registration & Fee Income 900099 1752739 1752739 Member Dues 900099 1394623 1394623 Management & Licensing Fees 900099 300000 300000 Publications 900099 167614 167614 Consulting income 900099 93500 93500 3708476 623194 623194 5601250 5536979 64271 64271 64271 Job Bank 541800 68132 68132 Other Income 900099 18500 18500 86632 12933921 3708476 68132 705965 44575 44575 1982865 1694391 188788 99686 4647034 3970969 442442 233623 314582 268816 29951 15815 905286 773583 86191 45512 467688 399647 44529 23512 25 20 5 243256 243256 220000 176702 40512 2786 58116 58116 897134 712290 172949 11895 267018 214466 49170 3382 352944 263022 79907 10015 751891 551554 180077 20260 622646 408487 190292 23867 314192 274772 33415 6005 1009586 990730 11423 7433 162731 106760 49733 6238 71883 52098 17580 2205 Dues & Subscriptions 79776 57855 19483 2438 Taxes and registrations 42057 27939 12545 1573 Other Expenses 2825 2048 691 86 13458110 10990724 1951055 516331 10031576 2756733 1391390 210000 65828 23600 245203 259392 2174951 1541748 744534 633203 5353501 13348906 17837538 17155829 4254026 3797278 39923596 38184941 665042 749353 838656 830339 5431169 4822418 6934867 6402110 X 12573378 12905293 20415351 18877538 32988729 31782831 39923596 38184941 -524189 -681709 0 X X 0 1 X 1 0 X 5171619 4466789 3321401 3779465 8451348 25190622 5171619 4466789 3321401 3779465 8451348 25190622 9590560 15600062 120607 90658 113521 406687 623194 1354667 16154 16154 3261 56790 60051 26621494 35168056 0.58600 0.57040 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2020 Amount: $ 3,261. 2022 Amount: $ 56,790. Part II, Line 1 In 2024, COF management identified that Schedule A contributions for 2020-2023 did not include the portion of membership dues for which there is not substantial benefit received by the member. COF calculated the contributions associated with membership dues for 2024, which is reflected on the Statement of Revenue and Schedule A. COF decided not to restate previously reported amounts on Schedule A within the 2024 990 to remain consistent with past presentation. Moving forward, the contribution portion of membership dues will be accurately recognized as a contribution. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15412 233091 248503 13209607 13458110 822906 205727 0 0 628920 686918 763581 822906 2902325 4353488 231032 240469 242267 248503 962271 157230 171730 190895 205727 725582 1088373 66 41 15412 15519 914310 476488 437822 1260641 1065260 195381 633203 Norwest Venture Partners 17155829 F 17155829 Deferred compensation assets 665404 Deposits 192394 ROU assets - operating leases 2939480 3797278 Deposits 12547 Deferred compensation liability 620558 Lease liabilities - operating lease 4189313 4822418 X Part X, Line 2: Management has evaluated the Council's tax positions and has concluded that the Council has taken no uncertain tax positions that qualify for either recognition or disclosure in the accompanying consolidated financial statements. For the years ended December 31, 2024 and 2023, no provision for income taxes was made for the Council or CFNSB, as neither organization had any significant net unrelated business income and did not identify any uncertain tax positions requiring recognition or disclosure in the consolidated financial statements. Sub-Saharan Africa 0 0 Investments 17155829 0 0 0 0 0 0 17155829 0 17155829 0 0 1 0 0 0 Part I, line 3: The organization uses GAAP to report foreign expenditure/investments. 1 Kansas Association of Community Foundation PO Box 92 Washington KS 66968 850738639 501(c)(3) 15000 0 Support for Annual National Conference for Growing Community Foundations. CFLeads PO BOX 509 Accord MA 02018 431645180 501(c)(3) 5805 0 General Support 2 0 Part I, Line 2: COF primarily supports organizations through pass-through programmatic grants and unrestricted grant and awards. These are monitored through periodic grant reporting and direct contact with the recipient organization. X X X X X 0 1 0 0 0 0 0 0 0 Kathleen Enright President & CEO 605201 0 0 0 1932 0 60913 0 22104 0 690150 0 0 0 Chana Anderson VP, People, Equity & Operations 240549 0 0 0 2195 0 16817 0 19291 0 278852 0 0 0 Kristen Scott Kennedy Exec.VP 230900 0 0 0 438 0 16111 0 23865 0 271314 0 0 0 Natalie Ross VP, Membership, Development, & Finan 223756 0 0 0 437 0 16045 0 23521 0 263759 0 0 0 Jennifer Holcomb VP, Government Affairs & Legal 199249 0 0 0 426 0 14373 0 30253 0 244301 0 0 0 Nicole Bronzan VP, Communications & Content 196193 0 0 0 427 0 14360 0 23511 0 234491 0 0 0 Zaynab Nawaz VP, Programs & Peer Engagement 170578 0 0 0 528 0 24150 0 22104 0 217360 0 0 0 David Rosado Senior Advisor, Community Philanthro 157225 0 0 0 312 0 16817 0 19291 0 193645 0 0 0 Shante Bureau Director, Finance 141911 0 0 0 689 0 14373 0 30253 0 187226 0 0 0 Yoo-Jin Kang Director, DEI Programs 145818 0 0 0 230 0 16111 0 23865 0 186024 0 0 0 Benjamin McDearmon Director, Legal 143365 0 0 0 301 0 16045 0 23521 0 183232 0 0 0 Part I, Line 4b Kathleen Enright participates in a supplemental nonqualified retirement plan and received a $36,763 contribution in 2024. Form 990, Part VI, Section A, line 6 The Council has two classes of membership, voting members and associate members. Form 990, Part VI, Section A, line 7a Each voting member who is in good standing 50 days before a meeting of the Council qualifies as a member of record for that meeting, and shall be entitled to one vote at such meeting. Directors are elected by the members. Approximately one-third of the directors (other than ex-officio board members) shall be elected each year to serve for three years. The election of directors shall take place at the annual meeting of the members, or at a special meeting called for that purpose. The election of directors shall be by voice vote with a provision that voting members may submit a proxy for this purpose. Directors shall be elected by a plurality of the votes cast at a meeting of the members entitled to vote in the election. Form 990, Part VI, Section A, line 7b Under New York state law, voting members of the council have the right to approve any plan of merger or consolidation and/or plan for dissolution and distribution of assets. Form 990, Part VI, Section B, line 11b Form 990 is completed by an independent CPA firm with assistance from the Council's internal finance department. Once a working draft is complete, it is reviewed by the Council's CEO and Vice President, membership, development and finance, who approve the final document, which is then provided to the Council's board of directors via the finance investment and audit committee, prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Council board members, officers, and key employees must annually disclose, in full, the name of each business or nonprofit organization that they have or reasonably expect to have any material interest in, or any proposed or existing contract, transaction or arrangement with the Council and in which they, their spouse or any member of their immediate family is a member, director, officer, employer or partner. The Council's conflict of interest policy for board and staff, which all board members, officers, and key employees receive, provides that board members, officers, and key employees have a continuing obligation to report conflicts and must promptly report any conflict that has not previously been reported. Board members that are deemed to have a conflict of interest based on the above processes must abstain from participating in the discussion and vote on any transaction or item wherein a conflict exists. Officers and key employees are not permitted to participate in a decision regarding which they have a conflict of interest. Form 990, Part VI, Section B, line 15a The Council contracts with an independent consulting firm experienced in executive compensation every three years to conduct a market analysis, and make recommendations regarding any compensation adjustments for the CEO. The consultant's recommendations are then presented to the governance committee for review. The President/CEO does not participate in this review and abstains from this meeting of the governance committee. After thorough review of the consultant's recommendations and other relevant information including performance reviews, the governance committee recommends the compensation for the President and CEO to the full board which determines the final compensation. The President's compensation was most recently reviewed in November 2023. Form 990, Part VI, Section C, line 19 The Council's governing documents, conflict of interest policy, and financial statements are available on the council's website and upon request. Form 990, Part XII, Line 2c The process has been consistent with prior years. Community Foundations National Standards Board 1255 23rd St NW Washington DC 20037 270448505 Administer the national standards accreditation process VA 501(c)(3) Line 12a, I Council on Foundations Inc 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0