2023-11-15T14:36:09-06:00 2022-12-31 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2022-01-01 812771871 CHARITYVEST INC % ASHBY FOLTZ CHAR 4045386170 75 5th Street NW Suite 2200 Atlanta GA 30308 STEPHEN KUMP CEO 7063325637 2023-11-15 true STEPHEN KUMP 999009999 SABRE J LINAHAN P01372980 4048746244 2023-11-15 3 2022 2023-04-26 12:10:37Z STEPHEN KUMP 75 5th Street NW Suite 2200 Atlanta GA 30308 56529679 false X WWW.CHARITYVEST.ORG X 2016 GA TO CATALYZE GENEROSITY BY MAKING GIVING SIMPLE FOR EVERY DONOR THROUGH A PREMIER DONOR-ADVISED FUND PROGRAM. 8 8 0 8 0 25546062 47958387 0 0 96527 -14997889 0 0 25642589 32960498 13426185 19985496 0 0 0 0 0 0 0 52211 76935 13478396 20062431 12164193 12898067 15601912 28749604 3906 7486 15598006 28742118 X CHARITYVEST, INC. IS A MODERN DONOR-ADVISED FUND SPONSORING ORGANIZATION WITH THE MISSION OF MAKING GIVING SIMPLE FOR EVERY DONOR AND CHARITY, BECAUSE A GENEROUS LIFE IS A BETTER LIFE. WE BELIEVE THAT GIVING SHOULD BE ACCESSIBLE, ENABLING INDIVIDUALS TO MAKE GENEROSITY AN INTEGRATED PART OF THEIR DAILY FINANCIAL LIVES. WE BELIEVE THAT GIVING SHOULD BE EASY, FREE OF TRADITIONAL BARRIERS WHICH HOLD US BACK FROM BEING OUR MOST GENEROUS SELVES. WE BELIEVE THAT GIVING SHOULD BE FOR EVERYONE, GIVING FUNDS THAT ARE SCALABLE AND MAKE INTENTIONAL GIVING FAST, FRICTIONLESS, AND FREE TO PARTICIPATE. false false 20021671 19985496 ADVANCE AND IMPROVE CHARITABLE RESOURCE DEPLOYMENT AND BE A SPONSORING ORGANIZATION FOR DONOR ADVISED FUNDS. THIS INCLUDES DEVELOPING AND MAINTAINING AN ONLINE PLATFORM FOR CHARITABLE GIVING TO MEET THE NEEDS OF A WIDE RANGE OF DONORS AND TO PROVIDE TOOLS AND SERVICES FOR THOSE DONORS TO ENHANCE THEIR GIVING. AS PART OF THE ONLINE PLATFORM, THE ORGANIZATION WILL DEVELOP A PORTFOLIO OF TOOLS THAT MAKES THE PROCESS AND DECISIONS OF CHARITABLE GIVING EASIER. 20021671 true true false false false true false false false false false true false false false true true false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false true 0 0 true 0 false false false false false false true 112 false false false false false false false false X 8 8 false true false false false false false true true false false true true true true true true false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X ASHBY FOLTZ 4045386170 75 5TH STREET NW SUITE 2200 ATLANTA GA 30308 X STEPHEN KUMP CHAIRMAN 40.0 0.0 X X 0 0 0 CALVIN EDWARDS SECRETARY 1.0 0.0 X 0 0 0 BLAIR CUNNINGHAM TREASURER 1.0 0.0 X 0 0 0 NATE WONG DIRECTOR 1.0 0.0 X 0 0 0 PAUL GLYER DIRECTOR 1.0 0.0 X 0 0 0 HEATHER GRIZZLE DIRECTOR 1.0 0.0 X 0 0 0 BRITTAN BERRY DIRECTOR 1.0 0.0 X 0 0 0 MARK PARKER DIRECTOR 1.0 0.0 X 0 0 0 0 0 0 0 false false false 0 47958387 22588717 47958387 0 188894 188894 0 0 0 0 0 8382398 23569181 -15186783 -15186783 -15186783 0 0 0 0 0 0 0 0 0 0 32960498 -14997889 19985496 19985496 0 0 0 0 0 0 0 0 0 0 17777 17777 9250 9250 0 0 0 0 0 0 0 8693 8693 0 19996 19996 0 0 0 0 0 0 0 0 13733 13733 BANK FEES 7486 7486 20062431 20021671 40760 0 2176788 2985971 0 14262960 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13425124 11500673 0 0 0 0 0 0 15601912 28749604 3906 7486 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3906 7486 X 15598006 28742118 0 0 15598006 28742118 15601912 28749604 12898067 -304157 550202 X false true X true false X 0 1024578 8083370 25546062 47958387 82612397 0 0 0 1024578 8083370 25546062 47958387 82612397 20694608 61917789 431 6136 10347 188894 205808 0 0 82818205 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14028 47958387 19985496 27972891 true true INVESTMENTS - SECURITIES 11500673 F 11500673 0 0 X 32656341 -304157 -304157 32960498 32960498 20062431 20062431 20062431 SCHEDULE D, PART X, LINE 2 The Organization is exempt from federal income taxes under the provisions of 501(c)(3) of the Internal Revenue Code. The Internal Revenue Service has determined that the Organization is not a private foundation as defined by 509(a)(1) of the Code. The Organization annually evaluates all federal and state income tax positions. This process includes an analysis of whether the income tax positions the Organization takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Organization is subject to examination by the federal and state taxing authorities. In general, the Organization is subject to tax examinations since December 31, 2019. true TOTAL GRANTS PAID 501(c)(3) 19985496 N/A N/A PROGRAM SUPPORT 5842 PART I, LINE 2 Charityvest presents important legal information regarding acceptable grant recommendations (e.g., "exclusively charitable purposes") with both donors when making the grant, as well as charities when receiving a grant check or accepting a grant digitally. Additionally, Charityvest software exclusively allows donors to recommend grants to eligible charitable organizations, and for payment to be remitted to verified organizational addresses or accounts. X 314 6488071 FMV X 1 14963004 FMV X CRYPTOCURRENCY 112 1137642 FMV 238 false true true SCHEDULE M, PART 1 THE ITEMS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART 1, LINE 32A Charityvest, Inc. contracts with Vennfi, Inc. to provide software and services to receive & liquidate publicly-traded security and cryptocurrency contributions. SCHDULE M, PART 1, LINE 10 Contribution of publicly traded securities was subject to restrictions until later in 2022 vs. when received, and FMV on date of receipt vs. FMV on date of liquidation was substantially different. PART VI, SECTION A, LINE 3 BEGINNING JANUARY 1, 2020, CHARITYVEST, INC. DELEGATED CERTAIN MANAGEMENT DUTIES TO VENNFI, INC. VENNFI INC. IS A FOR-PROFIT CORPORATION FOCUSED ON BUILDING TECHNOLOGY THAT ENABLES GENEROSITY. VENNFI, INC. IS IN CHARGE OF PRODUCING SCALABLE, FLEXIBLE TECHNICAL PRODUCTS AND DELIVERING SUPPORT FO CHARITYVEST, INC. AND ITS DONOR-ADVISED FUND PROGRAMS. STEPHEN KUMP, CHAIRMAN OF CHARITYVEST, INC., IS COMPENSATED BY VENNFI, INC. FOR HIS WORK ON SAID MANAGEMENT DUTIES PROVIDED TO CHARITYVEST, INC. STEPHEN KUMP'S 2022 REPORTABLE COMPENSATION RECEIVED FROM VENNFI, INC. TOTALED $125,290. PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED VIA EMAIL TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR DISCUSSION, REVIEW, AND AN APPROVAL VOTE PRIOR TO FILING THE RETURN. PART VI, SECTION B, LINE 12 The Board of Directors of Charityvest, Inc. adopted a conflict of interest policy that exceeds the standards set forth in the IRS Sample Conflict of Interest Policy. Directors who may have (directly, or through immediate family members) financial or nonfinancial interests are required to disclose such interest to the Board, which will make an independent determination as to whether or not a conflict exists. Should a conflict exist, the conflicted Director may not vote or participate in the deliberations or decision with respect to the conflicted matter. PART VI, SECTION C, LINE 17 Charityvest actively reviews state registration requirements when soliciting or receiving donations. As they expand their footprint, the states requiring a 990 filing will subsequently update to reflect their activities. PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL TAX RETURNS, IRS DETERMINATION LETTER, AND OTHER SUCH DOCUMENTS SUBJECT TO PUBLIC DISCLOSURE REQUIREMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO SUPPORT@CHARITYVEST.ORG. ADDITIONALLY, MANY DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO DONORS THROUGHOUT THE WEB APPLICATION EXPERIENCE, AT THE MOST USEFUL AND RELEVANT MOMENTS.