2023-11-14T19:04:22-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-01-01 474407203 THE JAIN FAMILY INSTITUTE JAIN 9174883995 568 BROADWAY 601 NEW YORK NY 10012 MICHAEL STYNES CEO & DIRECTOR 9174883995 2023-11-14 1 MICHAEL STYNES 999009999 0 EVA MRUK P00543254 2122862600 2023-11-09 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL STYNES 568 BROADWAY 601 NEW YORK NY 10012 5246560 0 X WWW.JAINFAMILYINSTITUTE.ORG X 2015 DE TO ADDRESS PRESSING SOCIAL PROBLEMS BY IDENTIFYING AND BUILDING HIGH-IMPACT POLICY INTERVENTIONS. 3 2 42 2 0 0 4840239 5131138 443172 110979 111 111 0 4332 5283522 5246560 6744059 757358 0 0 2569436 3606714 0 0 202640 2012529 1793098 11326024 6157170 -6042502 -910610 1266575 1293147 208715 1145897 1057860 147250 X JAIN FAMILY INSTITUTE (JFI) IS AN APPLIED RESEARCH ORGANIZATION WHOSE MISSION IS TO ADDRESS PRESSING SOCIAL PROBLEMS BY IDENTIFYING AND BUILDING HIGH-IMPACT INTERVENTIONS THAT TRANSLATE TO REAL WORLD PROGRESS. A PLATFORM FOR RESEARCH AND SOCIAL ENTREPRENEURSHIP, JFI BRINGS GLOBAL POLICY FROM THEORY TO PRACTICE. 0 1 4954046 757358 110979 THE INSTITUTE'S ACTIVE PROJECTS ARE IN THE AREAS OF GUARANTEED INCOME, HIGHER EDUCATION FINANCE, SOCIAL WEALTH, AND DIGITAL ETHICS & GOVERNANCE. IT MANAGES PHENOMENAL WORLD, A PUBLICATION DEVOTED TO RIGOROUS AND INNOVATIVE WRITING ON ECONOMICS, HISTORY, FINANCE, POLICY, AND POLITICS. THE INSTITUTE ALSO HELPS DESIGN AND INCUBATE NEW PHILANTHROPIC INITIATIVES BROUGHT TO US BY PARTNERS IN GOVERNMENT, INDUSTRY, ACADEMIA, AND OTHER SECTORS. TWO NEW SUCH INITIATIVES IN 2022 WERE THE NEW INSTITUTE OF POLITICAL ECONOMY, FOCUSED ON MACROECONOMIC POLICY, HISTORY, AND LAW, AND THE CENTER FOR ACTIVE STEWARDSHIP, FOCUSED ON THE RELATIONSHIP BETWEEN THE ASSET MANAGEMENT INDUSTRY AND PRIVATE SECTOR ACTION ON CLIMATE CHANGE. THE FUND FOR GUARANTEED INCOME, INCUBATED BY THE INSTITUTE STARTING IN 2020, BECAME AN INDEPENDENT 501(C)(3) IN 2022. 4954046 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 X 42 0 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 0 NY X X ALEXANDER JACOBS 9174883995 568 BROADWAY 601 NEW YORK NY 10012 ROBERT JAIN PRESIDENT/CHAIRMAN 5.00 X X 0 0 0 CAROLA JAIN DIRECTOR 1.00 X 0 0 0 MICHAEL B STYNES CEO & DIRECTOR 40.00 X X 200259 0 33976 ALEXANDER JACOBS CHIEF OPERATING OFFICER 40.00 X 149006 0 21527 JEROME HODGES CHIEF RESEARCH OFFICER 40.00 X 199744 0 38367 MOLLY DEKTAR EDITORIAL DIRECTOR 40.00 X 138383 0 35600 SIDHYA BALAKRISHNAN DIRECTOR OF RESEARCH 40.00 X 138383 0 14949 PETER SPIEGLER SENIOR RESEARCHER 40.00 X 132141 0 24839 CLAUDIA SAHM MACROECONOMIC RESEARCH 40.00 X 130333 0 5534 TIMOTHY BARKER SENIOR RESEARCHER 40.00 X 118310 0 6808 1206559 0 181600 13 0 1 0 FUNDAO EUCLIDES DA CUNHA DE APOIO INSTIT RUA MIGUEL DE GRIAS NITEROI RJ BR RESEARCH SERVICES 315130 UNIV OF S CALIFORNIA CENTER FOR ECONOMIC ROOM 301 635 DOWNEY WAY LOS ANGELES CA 90089 RESEARCH SERVICES 170642 2 5131138 5131138 ADVISORY FEE 900099 110979 110979 110979 111 111 CREDIT CARD REWARDS 900099 3096 3096 OTHER INCOME 900099 1236 1236 4332 5246560 110979 0 4443 X 697358 697358 60000 60000 642879 299295 222872 120712 2244843 2067464 135719 41660 63995 61080 2520 395 429707 381623 34551 13533 225290 187183 26361 11746 33893 16946 16947 76400 76400 845425 776742 68683 41926 29454 12472 53459 1234 52225 272896 131883 141013 231501 115809 115692 46741 37393 9348 43602 13887 24469 5246 93391 46695 46696 23864 23864 PARTICIPANT INCENTIVES 30000 30000 6157170 4954046 1000484 202640 725235 320265 0 47123 155733 104474 41264 112048 45785 225738 66263 0 90000 55395 728232 1266575 1293147 108975 353935 0 50000 99740 741962 208715 1145897 X 1057860 147250 0 0 1057860 147250 1266575 1293147 -910610 0 X X 0 1 X 0 0 X 2454546 2420153 10601791 4840239 5131138 25447867 2454546 2420153 10601791 4840239 5131138 25447867 8933022 16514845 111 111 222 4332 4332 25452421 890678 0.64890 0.53930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CREDIT CARD REWARDS - 2022 AMOUNT: $ 3,096. OTHER INCOME - 2022 AMOUNT: $ 1,236. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91722 28026 63696 1186 1101 85 19140 16658 2482 66263 RIGHT OF USE ASSET 672727 SECURITY DEPOSITS 55505 728232 RIGHT OF USE LIABILITIES 741962 741962 X 5247010 450 450 5246560 0 5246560 6157620 450 450 6157170 0 6157170 PART X, LINE 2: THE INSTITUTE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE INSTITUTE HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE INSTITUTE IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO DECEMBER 31, 2019. SOUTH AMERICA 0 1 PROGRAM SERVICES RESEARCH SERVICES 335630 0 1 0 0 0 1 335630 0 335630 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES. PART III ACCOUNTING METHOD: 1 THE FUND FOR GUARANTEED INCOME 450 DULEY RD EL SEGUNDO CA 90245 861909049 501(C)(3) 601013 0 TRANSFER OF INCUBATED PROGRAM TO NEWLY FORMED NONPROFIT ORGANIZATION ATLANTIC COUNCIL OF THE US INC 1030 15TH STREET NW 12TH FLOOR WASHINGTON DC 20005 520742294 501(C)(3) 50000 0 SUPPORT FOR THE TRANSFORM EUROPE INITIATIVE FUTURE SOCIETY INC 867 BOYLSTON STREET 5TH FLOOR BOSTON MA 02116 813568099 501(C)(3) 10000 0 SPONSORSHIP OF THE 2022 ATHENS ROUNDTABLE CENTER FOR GROWTH AND OPPORTUNITY 3525 OLD MAIN HILL LOGAN UT 84322 453564310 501(C)(3) 26500 0 SPONSORSHIP OF DEPARTMENT OF DATA ANALYTICS & INFORMATION AT THE JON M. HUNTSMAN SCHOOL OF BUSINESS 4 0 FELLOWSHIP GRANTS 2 60000 PART I, LINE 2: THE ORGANIZATION MONITORS IS GRANTS TO ORGANIZATIONS TO ENSURE THAT SUCH GRANTS ARE USED FOR PROPER PURPOSES BY WORKING VERY CLOSELY WITH THE RECIPIENT ORGANIZATIONS BEFORE, DURING, AND AFTER THE FUNDS ARE PROVIDED. THE ORGANIZATION'S STAFF COLLABORATES WITH THE RECIPIENT ORGANIZATIONS AND ATTTENDS EVENTS AND ROUNDTABLES SUPPORTED BY THE GRANT FUNDING. GRANTS TO INDIVIDUALS ARE FELLOWSHIP AWARDS PAID DIRECTLY TO HIGHER EDUCATION INSTITUTIONS. THE AWARDS ARE TO SUPPORT THE INDIVIDUALS' RESEARCH WORK. JAIN FAMILY INSTITUTE MAKES THE FINAL SELECTION OF RECIPIENTS. X X X X X 0 0 0 0 0 0 0 0 0 JEROME HODGES CHIEF RESEARCH OFFICER 199744 0 0 0 0 0 7991 0 30376 0 238111 0 0 0 MICHAEL B STYNES CEO & DIRECTOR 200259 0 0 0 0 0 7916 0 26060 0 234235 0 0 0 MOLLY DEKTAR EDITORIAL DIRECTOR 138383 0 0 0 0 0 5517 0 30083 0 173983 0 0 0 ALEXANDER JACOBS CHIEF OPERATING OFFICER 149006 0 0 0 0 0 5725 0 15802 0 170533 0 0 0 PETER SPIEGLER SENIOR RESEARCHER 132141 0 0 0 0 0 4725 0 20114 0 156980 0 0 0 SIDHYA BALAKRISHNAN DIRECTOR OF RESEARCH 138383 0 0 0 0 0 0 0 14949 0 153332 0 0 0 FORM 990, PART III, LINE 3 IN 2022, THE ORGANIZATION TRANSFERRED THE FUND FOR GUARANTEED INCOME, AN AFFILIATE INITIATIVE THAT IT WAS INCUBATING, TO A NEW INDEPENDENT 501(C)(3) ORGANIZATION. ALL FUNDS AND LICENSES FOR THE PROJECT WERE TRANSFERRED TO THE NEW ORGANIZATION. FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION A, LINE 2 CAROLA JAIN AND ROBERT JAIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B JAIN FAMILY INSTITUE, INC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CHIEF OPERATING OFFICER AND A COMPLETE COPY IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WITHIN ITS EMPLOYEE HANDBOOK AS WELL AS A COMPARABLE POLICY FOR ITS BOARD OF DIRECTORS. THE POLICY REQUIRES THAT ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST BE REPORTED TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 IN 2022, THE ORGANIZATION COMMISSIONED A COMPENSATION STUDY FROM A HUMAN RESOURCES CONSULTING FIRM, WHO PRODUCED A SET OF RECOMMENDATIONS FROM THEIR ANALYSIS. THIS ANALYSIS COMPARED THE COMPENSATION OF A RANGE OF POSITIONS ACROSS THE ORGANIZATION AGAINST THOSE AT COMPARABLE NONPROFITS, BASED ON PUBLICLY-AVAILABLE 990 DATA AND PROPRIETARY DATA OWNED BY THE CONSULTING FIRM. THE ORGANIZATION'S BOARD OF DIRECTORS ANNUALLY APPROVES THE COMPENSATION OF ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, AS PART OF THE ANNUAL BUDGET REVIEW. THE DELIBERATIONS AND DECISION ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 1023, FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 60,280. MANAGEMENT AND GENERAL EXPENSES 9,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,030. PROFESSIONAL HR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 33,124. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,124. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,809. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,809. PROFESSIONAL WRITERS: PROGRAM SERVICE EXPENSES 31,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,556. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 637,392. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 637,392. EDITORS: PROGRAM SERVICE EXPENSES 47,514. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,514. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE FUND FOR GUARANTEED INCOME LLC 568 BROADWAY NEW YORK NY 10012 853050969 CASH RELIEF TO LOW-INCOME RESIDENTS OF COMPTON, CA DE 0 0 THE JAIN FAMILY INSTITUE