2023-11-07T09:06:48-05:00 2022-12-31 521094722 BERT SMITH & CO 1090 VERMONT AVE NW STE 920 WASHINGTON DC 200052125 990 2022-01-01 131998814 NAACP FOUNDATION NAAC 4105805777 4805 MOUNT HOPE DRIVE BALTIMORE MD 21215 JUNKO KOBAYASHI INTERIM CFO 4105805777 2023-11-07 JUNKO KOBAYASHI 999009999 false STEPHANIE LANE CPA P00606886 2023935600 2023-11-07 2022 2023-04-26 12:10:37Z DERRICK JOHNSON 4805 MOUNT HOPE DRIVE BALTIMORE MD 21215 6284276 false X WWW.NAACP.ORG X MD THE NAACP FOUNDATION SUPPORTS OUR CIVIL RIGHTS AND SOCIAL JUSTICE WORK BY RAISING FUNDS AND PROMOTING PHILANTHROPY. THE FOUNDATION BOARD OVERSEES OUR ENDOWMENT, GENERATING ESSENTIAL SUPPORT FOR NAACPS EFFORTS. THE FOUNDATION MANAGES DONOR CONTRIBUTIONS TO OUR SCHOLARSHIP FUND, PROVIDING STUDENTS WITH THE MOST ADVANCED EDUCATIONAL OPPORTUNITIES. 40 40 0 74 0 1306994 6122731 140 0 345771 -761733 2113781 0 3766686 5360998 0 0 0 0 104579 151892 177544 151892 177544 3614794 5183454 8016305 12636751 1052800 1167721 6963505 11469030 X THE NAACP FOUNDATION SUPPORTS OUR CIVIL RIGHTS AND SOCIAL JUSTICE WORK BY RAISING FUNDS AND PROMOTING PHILANTHROPY. THE FOUNDATION BOARD OVERSEES OUR ENDOWMENT, GENERATING ESSENTIAL SUPPORT FOR NAACPS EFFORTS. THE FOUNDATION MANAGES DONOR CONTRIBUTIONS TO OUR SCHOLARSHIP FUND, PROVIDING STUDENTS WITH THE MOST ADVANCED EDUCATIONAL OPPORTUNITIES. false false THE NAACP FOUNDATION SUPPORTS OUR CIVIL RIGHTS AND SOCIAL JUSTICE WORK BY RAISING FUNDS AND PROMOTING PHILANTHROPY. THE FOUNDATION BOARD OVERSEES OUR ENDOWMENT, GENERATING ESSENTIAL SUPPORT FOR NAACPS EFFORTS. THE FOUNDATION MANAGES DONOR CONTRIBUTIONS TO OUR SCHOLARSHIP FUND, PROVIDING STUDENTS WITH THE MOST ADVANCED EDUCATIONAL OPPORTUNITIES. true true false false false false false false false false false false true false true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false X 40 40 false false false false false false false true true false false true true true true true true true false false MD X X ROBERT C BILLUPS SR 4105805777 4805 MOUNT HOPE DRIVE BALTIMORE MD 21215 DERRICK JOHNSON NAACP PRESID 2.00 X 0 462621 17627 PAMELA ALEXANDER BOARD TRUSTE 1.00 X 0 0 0 DR JOHN ARRADONDO BOARD TRUSTE 1.00 X 0 0 0 MAYA BERMINGHAM BOARD TRUSTE 1.00 X 0 0 0 LORI GEORGE BILLINGSLEY BOARD TRUSTE 1.00 X 0 0 0 LARCINE BLAND BOARD TRUSTE 1.00 X 0 0 0 RAQUEL BONE BOARD TRUSTE 1.00 X 0 0 0 ZAFAR BROOKS BOARD TRUSTE 1.00 X 0 0 0 BRITTNEY CALLOWAY BOARD TRUSTE 1.00 X 0 0 0 GEORGETTE DIXON VICE CHAIR 2.00 X X 0 0 0 ANGELA DORN BOARD TRUSTE 1.00 X 0 0 0 ZEPHANII SMITH EISENSTAT BOARD TRUSTE 1.00 X 0 0 0 NA ENG BOARD TRUSTE 1.00 X 0 0 0 ED FOSTER-SIMEON BOARD TRUSTE 1.00 X 0 0 0 PATRICK R GASTON BOARD TRUSTE 1.00 X 0 0 0 YUSUF GEORGE BOARD TRUSTE 1.00 X 0 0 0 DR GARTH GRAHAM BOARD TRUSTE 1.00 X 0 0 0 JAMES HARRIS BOARD TRUSTE 1.00 X 0 0 0 CHRISTINA HOLLENBACK BOARD TRUSTE 1.00 X 0 0 0 JANA HOLT BOARD TRUSTE 1.00 X 0 0 0 JANICE BRYANT HOWROYD BOARD TRUSTE 1.00 X 0 0 0 GERALD HUDSON BOARD TRUSTE 1.00 X 0 0 0 FEDRICK INGRAM BOARD TRUSTE 1.00 X 0 0 0 SARITA JAMES BOARD TRUSTE 1.00 X 0 0 0 THOMAS L KALAHAR TREASURER 2.00 X X 0 0 0 SHAZZIA KHAN BOARD TRUSTE 1.00 X 0 0 0 TANYA LEAH LOMBARD BOARD TRUSTE 1.00 X 0 0 0 JANETTE LOUARD SECRETARY 2.00 X X 0 0 0 NATE MILES BOARD TRUSTE 1.00 X 0 0 0 REV KEITH NORMAN BOARD TRUSTE 1.00 X 0 0 0 CHUKWUNDI ONIKE BOARD TRUSTE 1.00 X 0 0 0 DR DWAYNE PROCTOR CHAIRMAN 2.00 X X 0 0 0 STEPHANIE SILVERMAN BOARD TRUSTE 1.00 X 0 0 0 JOHN SPINNATO BOARD TRUSTE 1.00 X 0 0 0 CELOIS STEELE BOARD TRUSTE 1.00 X 0 0 0 DONNELL WHITE BOARD TRUSTE 1.00 X 0 0 0 LACHANDRA WHITE BOARD TRUSTE 1.00 X 0 0 0 NICHOLAS WIGGINS BOARD TRUSTE 1.00 X 0 0 0 YOLANDA EGLAND WILSON BOARD TRUSTE 1.00 X 0 0 0 KATHLEEN WILSON-THOMPSON BOARD TRUSTE 1.00 X 0 0 0 CAROLE YOUNG BOARD TRUSTE 1.00 X 0 0 0 JUNKO KOBAYASHI INTERIM CFO 5.00 X 0 0 0 462621 17627 false true false 6122731 6122731 161545 161545 923278 -923278 -923278 -923278 5360998 -923278 161545 X 56850 56475 375 NAACP ALLOCATED PERSONNEL 90460 90460 NAACP ALLOCATED INDIRECT 19397 5653 13744 OTHER EXPENSES 10837 10837 177544 0 72965 104579 1117487 1421932 36249 20010 6862569 11194809 8016305 12636751 27046 16398 1025754 1151323 1052800 1167721 X 6355268 6069246 608237 5399784 6963505 11469030 8016305 12636751 X 5183454 -677929 X false true X true false X 420745 1042656 5394812 1306994 6122731 14287938 420745 1042656 5394812 1306994 6122731 14287938 14287938 21371 26996 34210 336741 161545 580863 4260 2113781 2118041 16986842 323184 0.84110 0.77340 X PART II, LINE 10 OTHER INCOME 2,118,041 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED MONEY MARKET FUNDS 5990940 F MUTUAL FUNDS 5203869 F 11194809 DUE TO NAACP EMPOWERMENT PROGRAMS 1151323 1151323 6313708 6313708 -952710 -952710 5360998 1808183 1630639 1630639 177544 177544 SCHEDULE D, PAGE 4, PART XI, LINE 4B REALIZED LOSS -952,710 SCHEDULE D, PAGE 4, PART XII, LINE 2D UNREALIZED AND REALIZED LOSSES 1,630,639 X X X false false false false false false false false false DERRICK JOHNSON NAACP PRESIDENT/CEO 462621 17627 480248 FORM 990 - ORGANIZATION'S MISSION THE NAACP FOUNDATION SUPPORTS OUR CIVIL RIGHTS AND SOCIAL JUSTICE WORK BY RAISING FUNDS AND PROMOTING PHILANTHROPY. THE FOUNDATION BOARD OVERSEES OUR ENDOWMENT, GENERATING ESSENTIAL SUPPORT FOR NAACPS EFFORTS. THE FOUNDATION MANAGES DONOR CONTRIBUTIONS TO OUR SCHOLARSHIP FUND, PROVIDING STUDENTS WITH THE MOST ADVANCED EDUCATIONAL OPPORTUNITIES. FORM 990, PAGE 6, PART VI, LINE 11B THE NAACP'S BOARD OF DIRECTOR AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO THE SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C NAACP'S OFFICE OF GENERAL COUNSEL REVIEWS THE CONFLICT OF INTEREST STATEMENTS AND MONITORS COMPLIANCE WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A DECISIONS INVOLVING COMPENSATION OF THE NAACP PRESIDENT AND CEO ARE MADE BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE NAACP PRESIDENT AND CEO MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES 0 10,716 375 BANK FEES 0 45,759 0 TOTAL 0 56,475 375 FORM 990, PART XI, LINE 9 UNREALIZED LOSSES -677,929 NAACP EMPOWERMENT PROGRAMS INC 4805 MOUNT HOPE DRIVE BALTIMORE MD 21215 131084135 MD 3 7 N/A false NAACP 4805 MOUNT HOPE DRIVE BALTIMORE MD 21215 384108034 MD 4 7 N/A false false false false false false false false false false false false false false true true false false false false NAACP EMPOWERMENT PROGRAMS INC N 19397 SEE SUPPLEMENTAL INFO. NAACP EMPOWERMENT PROGRAMS INC O 90460 SEE SUPPEMENTAL INFO NAACP N SEE SUPPLEMENTAL INFO. NAACP O SEE SUPPLEMENTAL INFO. SCHEDULE R NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE "NAACP" SHARES CERTAIN RESOURCES (STAFF TIME, FACILITIES, EQUIPMENT) WITH ITS SECTION 501 (C)(3) AFFILIATE, NAACP EMPOWERMENT PROGRAMS, INC. PURSUANT TO A COST SHARING ARRANGEMENT. EACH ENTITY COVERS ITS PROPORTIONATE SHARE OF THE COST BASED ON ACTUAL USAGE WITH PREPAYMENTS MADE BY NAACP TO NAACP EMPOWERMENT PROGRAMS, INC. FOR SHARED STAFF, THE AMOUNT DUE TO EPI IS CALCULATED PERIODICALLY BASED ON THE ESTIMATED PERCENTAGE OF WORKING TIME THAT EACH EMPLOYEE DEVOTED TO NAACP MATTERS USING A BASELINE CALCULATION THAT IS PERIODICALLY ADJUSTED. NAACP MAKES MULTIPLE PREPAYMENTS AND REVIEWS THE PREPAYMENT BALANCE ON A QUARTERLY BASIS TO ENSURE THAT THE PREPAYMENTS ARE GREATER THAN ITS SHARE OF PERSONNEL COSTS ON A QUARTERLY BASIS. THE AMOUNTS CALCULATED ARE DEDUCTED FROM THE PREPAYMENTS MADE. FOR SHARED FACILITIES AND GENERAL ADMINISTRATIVE COSTS USAGE, EPI CALCULATES NAACP'S PROPORTIONATE SHARE OF COSTS PERIODICALLY, BASED ON RELATIVE OCCUPANCY OR USAGE AND REDUCES THE AMOUNT FROM NAACP'S PREPAYMENT. NAACP FOUNDATION ALSO SHARES CERTAIN RESOURCES WITH NAACP EMPOWERMENT PROGRAMS, INC. IT FOLLOWS THE SAME PRINCIPLES OF COST CALCULATIONS AND ADJUSTMENTS. NAACP FOUNDATION MAKES PAYMENTS PERIODICALLY AND CURRENTLY HAS AN OUTSTANDING AMOUNT OWING TO EPI.