2024-06-19T14:42:04-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-01-01 237156531 ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC ASSO 6463929877 55 EXCHANGE PLACE 401 NEW YORK NY 10005 SUSAN TAYLOR BATTEN PRESIDENT AND CEO 6463929877 2024-06-19 1 SUSAN TAYLOR BATTEN XXX-XX-XXXX 1 EVA MRUK P00543254 2122862600 2024-06-19 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z SUSAN TAYLOR BATTEN 55 EXCHANGE PLACE 401 NEW YORK NY 10005 7640661 0 X ABFE.ORG X 1971 IN ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. 17 17 37 20 0 0 4736155 5867236 1064163 1506723 5061 266702 0 0 5805379 7640661 0 475000 0 0 3258939 4183300 18360 0 700941 2121259 2495440 5398558 7153740 406821 486921 19117303 19987800 784107 1004299 18333196 18983501 X ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. AS AN INSTITUTION, ABFE SEEKS TO IMPACT THE COMMUNITY OF PHILANTHROPIC PRACTICE AND THEREBY THE OVERALL HEALTH AND STRENGTH OF THE BLACK COMMUNITY. 0 0 904390 0 459668 ANNUAL CONFERENCE AND JAMES JOSEPH LECTUREABFE'S ANNUAL CONFERENCE IS A GATHERING OF PHILANTHROPIC AND NON-PROFIT PROFESSIONALS FOR NETWORKING AND ENGAGEMENT AROUND SHARED INTEREST IN SUPPORTING BLACK COMMUNITIES THROUGH PHILANTHROPY. THE TARGET AUDIENCE IS ABFE'S MEMBERS AND PARTNERS; FOUNDATION TRUSTEES, EXECUTIVE STAFF AND PROGRAM OFFICERS, GRANT MAKING ENTITIES INCLUDING PRIVATE FOUNDATIONS, CORPORATE GIVING PROGRAMS, DONOR-ADVISED FUNDS AND GIVING CIRCLES. IN 2023, ABFE CONVENED AT THE RALEIGH CONVENTION CENTER IN DOWNTOWN RALEIGH, NC, AND FOCUSED ON FIVE OF THE 10 IMPERATIVES INCLUDED IN ITS CALL TO ACTION; ISSUE AREAS THAT ARE NOT ONLY AT THE HEART OF NEEDED INVESTMENT AND CHANGE, BUT AREA CRITICAL TO THE ORGANIZATION'S COMMITMENT TO RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) FRAMEWORK. THESE PRIORITY AREAS INCLUDED: (1) A PUSH FOR STRUCTURAL CHANGE, (2) ENGAGING BLACK BUSINESS, (3) LIFTING UP GENDER, (4) REACHING THE DIASPORA, AND (5) ADDRESSING DISPARITIES IN PRISONS. THE 2023 ANNUAL CONFERENCE BROUGHT TOGETHER 791 PARTICIPANTS (720 IN-PERSON, 71 VIRTUAL). 64% OF THE PARTICIPANTS WERE ABFE MEMBERS, AND NEARLY 100 REGISTRANTS WERE FOUNDATION BOARD TRUSTEES. WE ALSO CELEBRATED WHAT HAS BEEN A SIGNATURE PROGRAM FOR ABFE FOR OVER 30 YEARS, THE JAMES A. JOSEPH LECTURE AND AWARDS, WHICH CELEBRATED THE IMPORTANT ACCOMPLISHMENTS OF LEADERS IN THE FIELD. 899496 0 459950 MEMBERSHIP SERVICESABFE EQUIPS ITS MEMBERS AND PARTNERS WITH TOOLS AND RESOURCES TO RESPOND MORE EFFECTIVELY TO THE NEEDS OF BLACK COMMUNITIES AND TO ADDRESS ANTI-BLACK RACISM. ABFE USES ITS POSITION AND NETWORKS IN THE FIELD TO SHARE INFORMATION FOR THE EXPRESS PURPOSE OF INFLUENCING POLICIES AND PRACTICES IN THE FIELD THAT MAY HINDER THE SUCCESS OF BLACK PROFESSIONALS OR COMMUNITIES. OUR RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) FRAMEWORK FOR GRANTMAKING SUPPORTS THE DIGNITY OF COMMUNITIES AND OPTIMIZES INHERENT STRENGTHS TO ENSURE BETTER OUTCOMES FOR BLACK COMMUNITIES. ABFE ALSO OFFERS A VARIETY OF OPPORTUNITIES FOR MEMBERS AND OTHER PROFESSIONALS IN THE FIELD TO EXCHANGE INFORMATION AND IDEAS, AND TO CULTIVATE PRODUCTIVE RELATIONSHIPS THAT OFTEN RESULT IN LEARNING, CO-INVESTMENT, AND EXPANDED SOCIAL AND PROFESSIONAL OPPORTUNITIES AND COMMUNITIES. OUR PROFESSIONAL AND LEADERSHIP DEVELOPMENT PRIMARILY FOCUSES ON MEMBERS' INTERESTS. ABFE PROVIDES INFORMATION AND OTHER RESOURCES THAT INFORM GRANTMAKING STRATEGIES AND SUPPORT CAREER AND LEADERSHIP DEVELOPMENT FOR BLACK PROFESSIONALS IN THE FIELD. 780116 0 265794 PHILANTHROPIC ADVISING SERVICESABFE BRINGS A NEW FRAMEWORK ON RESPONSIVE PHILANTHROPY TO REALIZE ITS MISSION OF PROMOTING EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC). THIS NEW TEMPLATE BUILDS UPON GRANTMAKING WITH A RACIAL EQUITY LENS BUT IS TAILORED SPECIFICALLY TO GRANTMAKING IN AND FOR BLACK COMMUNITIES. AS A RESULT, ABFE HAS DESIGNED A SET OF DEFINING CHARACTERISTICS OF PHILANTHROPY THAT IS MORE LIKELY TO REDUCE GAPS IN RACIAL DISPARITIES FACING BLACKS IN THE UNITED STATES. THIS YEAR, WE EXPANDED THE RPBC FRAMEWORK ENGAGE A BROAD RANGE OF INSTITUTIONAL AND INDIVIDUAL PARTICIPANTS WITH VARYING LEVELS OF FLUENCY IN THE SUSTAINABLE DEVELOPMENT GOALS AND ABFE'S RPBC (RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES) RACIAL EQUITY FRAMEWORK. FOR THE 2023 YEAR, ABFE ENGAGED APPROXIMATELY 35 FOUNDATIONS, CORPORATIONS, NONPROFITS AND PHILANTHROPY SERVING ORGANIZATIONS TO DELIVER RACIAL EQUITY TRAINING, ASSOCIATED TRAININGS AND TECHNICAL ASSISTANCE. 2585315 475000 321311 BLACK COMMUNITY FUNDERS NETWORKTHE BLACK COMMUNITIES FUNDERS NETWORK IS AN EXCLUSIVE NETWORK FOR BLACK PHILANTHROPIC LEADERS WHO LEAD 'BLACK FUNDS' AT COMMUNITY FOUNDATIONS AND BLACK LEADERS OF FUNDS DESIGNED TO SUPPORT BLACK COMMUNITIES AND BLACK-LED ORGANIZATIONS. OUR NETWORK PROVIDES A SAFE CONTAINER FOR BLACK PHILANTHROPIC LEADERS TO STRATEGIZE ON BUILDING AUTONOMY, INCREASING ENDOWMENTS, AND PUSHING FOR STRUCTURAL CHANGE FOR BLACK PEOPLE IN OUR RESPECTIVE COMMUNITIES. CONNECTING LEADERS FELLOWSHIP PROGRAM (CLFP)CLFP IS A YEAR-LONG EXPERIENCE DESIGNED TO SHARPEN THE SKILLS AND STRENGTHEN THE LEADERSHIP CAPACITY OF FOUNDATION STAFF, DONORS, AND TRUSTEES WHO ARE COMMITTED TO ASSISTING BLACK COMMUNITIES THROUGH PHILANTHROPY. FELLOWS GET THE OPPORTUNITY TO LEARN FROM SEASONED GRANTMAKERS AND PEERS ON A REGULAR BASIS, UNDERSTAND HOW TO BE MORE EFFECTIVE AGENTS FOR CHANGE WITHIN THEIR INSTITUTIONS, AND PARTICIPATE IN A NETWORK THAT FOCUSES ON INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES. THE FELLOWSHIP BEGINS WITH A WEEK-LONG LEADERSHIP SUMMIT. IN ADDITION, FELLOWS CONDUCT A 360-DEGREE EVALUATION AND ARE ASSIGNED A LEADERSHIP COACH. EACH FELLOW IS REQUIRED TO COMPLETE A COMMUNITY-BASED LEARNING PROJECT DURING THE FELLOWSHIP YEAR, WHICH CAN BE VOLUNTEER WORK OR A RESEARCH PROJECT ON A TOPIC OF INTEREST. TEN NEW CLFP FELLOWS EMBARKED ON A PROFOUND JOURNEY OF BLACK PHILANTHROPIC LEARNING, LEADERSHIP, AND LEGACY. THE CONNECTING LEADERS FELLOWSHIP SUMMIT MARKED THE COMMENCEMENT OF ABFE'S 18TH CLASS CONDUCTED ITS THIRD IN-PERSON LEADERSHIP SUMMIT SINCE 2019, HOSTED IN THE HISTORIC CITY OF BALTIMORE, MARYLANDLEVERAGE THE TRUST - CALEVERAGE THE TRUST - CALIFORNIA IS A NETWORK OF ABOUT 40 BLACK FOUNDATION TRUSTEES COMMITTED TO ADDRESSING IMPACTS OF ANTI-BLACK RACISM IN CALIFORNIA. THIS NETWORK HAS FOCUSED ON ENSURING PHILANTHROPIC SUPPORT FOR REPARATIONS IN THE STATE OF CALIFORNIA AND HAS HOSTED POLICY BRIEFINGS WITH STATE AND FEDERAL POLICY MAKERS ON VARIOUS MATTERS CONCERNING THE WELL-BEING OF BLACK CALIFORNIANS. BLACK WOMEN IN PHILANTHROPY (BWIP) - CONFERENCEIN 2023 ABFE CELEBRATED ITS 10TH ANNUAL BLACK WOMEN IN PHILANTHROPY LEADERSHIP (BWIP) RETREAT, A GATHERING OF OVER 100 FOUNDATION PRESIDENTS, CEOS, AND "MID-LEVEL MANAGERS/ALUM OF OUR CONNECTING LEADERS FELLOWSHIP PROGRAM OTHERWISE KNOWN AS "RISING SISTERS." THE EVENT WAS DESIGNED TO CREATE BOTH PEER-GROUP AND CROSS-GENERATION OPPORTUNITIES TO SUPPORT THE FULL DIVERSITY OF PARTICIPATING WOMEN. THE GATHERING GRANTS SPACE FOR DELVING INTO THE ISSUES, BARRIERS, STRENGTHS, AND OPPORTUNITIES BLACK WOMEN FACE IN EACH OF THEIR RESPECTIVE ROLES. THIS YEAR, SPECIFICALLY, THE CONVENING WILL PRIORITIZE SELF-CARE AS WE INVITE SISTERS TO RECONCILE THE INTERSECTIONALITY OF THEIR PROFESSIONAL DEMANDS AND PERSONAL NEEDS BY ENGAGING ONE ANOTHER IN FELLOWSHIP AND PURPOSEFUL DIALOGUE. GENTLY FACILITATED THROUGH THEIR PARTICIPATION IN INTIMATE CONVERSATIONS CENTERED AROUND HEALING AND RESTORATION, THE CONVENING ULTIMATELY AIMS TO SERVE AS A WAY FOR SISTERS IN PHILANTHROPY TO FURTHER THEIR SHARED CAPACITY TO LEAD, DIRECT, AND SERVE MORE EFFECTIVELY. THE 2023 ANNUAL BWIP RETREAT TOOK PLACE AUGUST 24TH - 26, 2023 AT THE CARAMBOLA BEACH RESORT IN ST. CROIX, US VIRGIN ISLANDS.BLACK WOMEN IN PHILANTHROPY (BWIP) - NETWORKTHIS IS PEER-TO-PEER NETWORK OF BLACK FOUNDATION CEOS AND SENIOR LEADERS INTERESTED IN BUILDING COMMUNITY AND FURTHERING DIALOG AND SUPPORT. THIS NETWORK INCLUDES PAST ATTENDEES OF OUR ANNUAL BWIP CONFERENCE. THIS NETWORK DOES NOT MEET VIRTUALLY.CONGRESSIONAL BLACK CAUCUSABFE, IN PARTNERSHIP WITH JP MORGAN CHASE, PRESENTED THE 5TH ITERATION OF ITS PANEL SERIES AT THE CONGRESSIONAL BLACK CAUCUS FOUNDATION'S ANNUAL LEGISLATIVE CONFERENCE. TITLED "THE SCALES OF ECONOMIC JUSTICE: EXAMINING THE BALANCE OF PHILANTHROPY, BLACK BUSINESS, AND RACIAL EQUITY," THE SESSION AIMED TO EXPLORE COLLABORATIVE PATHWAYS FOR CREATING MONUMENTAL SHIFTS IN PHILANTHROPY. LEVERAGING ABFE'S "RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES" FRAMEWORK, IN ALIGNMENT WITH PROGRESS GENERATED THROUGH JP MORGAN CHASE'S $30 BILLION-DOLLAR RACIAL EQUITY COMMITMENT AND THE SUCCESS OF ITS "ADVANCING BLACK PATHWAYS" PROGRAM DESIGNED TO HELP THE BLACK COMMUNITY CHART STRONGER PATHS TOWARD ECONOMIC SUCCESS AND EMPOWERMENT, THE SESSION CENTERED ON THE EXAMINATION OF THE ROLE OF FUNDERS' WHOSE RACIAL EQUITY COMMITMENTS AIM TO ADVANCE ENTREPRENEURIAL OPPORTUNITY, MAKE ACCESS TO BUSINESS AND ORGANIZATIONAL DEVELOPMENT RESOURCES MORE EQUITABLE, AND SPUR JOB CREATION IN SECTORS THAT LACK RACIAL DIVERSITY AND REPRESENTATION. CORPORATE COMMUNITY OF PRACTICETHIS NETWORK IS DESIGNED TO SUPPORT CORPORATE PHILANTHROPIC PROFESSIONALS AS THEY ADVOCATE FOR BLACK COMMUNITIES WITHIN THE CONTEXT OF THEIR ROLES AND POSITIONS OF INFLUENCE. THE OVERARCHING GOAL OF THE NETWORK IS TO ADOPT A COMMITMENT TO LONG TERM RACIALLY EQUITABLE POLICIES AND FUNDING STRATEGIES WITHIN THEIR CORPORATE GIVING INITIATIVES.READILED BY ABFE, READI IS A PARTNERSHIP BETWEEN ABFE AND THREE RACIAL AND ETHNIC IDENTITY FOCUSED PHILANTHROPIC AFFINITY GROUPS, TO REDRESS THE IMPACTS OF THE SUPREME COURT'S DECISION TO BAN AFFIRMATIVE ACTION IN HIGHER EDUCATION AND THE RIPPLE EFFECT IT IS HAVING IN PHILANTHROPY. ABFE'S LEADERSHIP IDENTIFIED A FOUR-PART STRATEGY TO BOTH ASSIST WITH DEFENDING RACIAL EQUITY AND RACIAL JUSTICE GAINS AND TO SUPPORT THE FURTHER ADVANCEMENT OF RACIAL JUSTICE WITHIN THE SECTOR AND BEYOND. THE STRATEGY INCLUDES SUPPORTING CIVIL RIGHTS AND LEGAL DEFENSE GROUPS IN THE ANNOUNCING AND DISSEMINATION OF PRO BONO LEGAL COUNSEL RESOURCES FOR NONPROFITS; DESIGNING AND IMPLEMENTING A COMMUNICATIONS AND NARRATIVE CAMPAIGN; ESTABLISHING A REPOSITORY OF RESOURCES HELPFUL FOR NONPROFITS, PHILANTHROPIES AND OTHER ENTITIES LOOKING TO ADVANCE RACIAL EQUITY IN THESE CHALLENGING POLITICAL TIMES; AND FINALLY ESTABLISHING A LEGAL FUND TO PAY FOR LEGAL COUNSEL FOR NONPROFITS THAT ARE THREATENED WITH LEGAL ACTION BY OPPONENTS OF RACIAL EQUITY AND JUSTICE.OTHER PROGRAMS:OTHER PROGRAMS INCLUDE ENGAGEMENTS WITH ABFE'S PARTNERSHIPS AND NETWORKS IN THE BLACK COMMUNITIES, RESEARCH, AND FUNDERS COLLABORATIVE WORK. ONE OF THESE NETWORKS IS SMART INVESTING WHICH IS A NETWORK OF INVESTMENT OFFICERS AND ASSET MANAGERS COMMITTED TO DIVERSE AND INCLUSIVE INVESTMENT MANAGEMENT PRACTICES IN PHILANTHROPY. IN 2011, WE LAUNCHED THE SMART INVESTING INITIATIVE IN HOPES OF INCREASING THE NUMBER OF MINORITY AND WOMEN-OWNED FIRMS MANAGING FOUNDATION ENDOWMENTS. WE VIEW A COMMITMENT TO DIVERSE ASSET MANAGERS AS A GAME CHANGERA STRATEGY THAT BUILDS ECONOMIC POWER AND INDIGENOUS PHILANTHROPY IN BLACK COMMUNITIES AND COMMUNITIES OF COLOR MORE BROADLY. SMART INVESTMENT CONSISTS OF A NETWORK OF FOUNDATION INVESTMENT OFFICERS AND DIVERSE ASSET MANAGERS WHO ARE COMMITTED TO RACIALLY EQUITABLE INVESTMENT PRACTICES. ANOTHER NETWORK IS THE UMOJA CIRCLE, A NATIONAL NETWORK OF BLACK FOUNDATION CEOS THAT COME TOGETHER REGULARLY TO DISCUSS PHILANTHROPY'S ROLE IN ADDRESSING THE SOCIAL AND ECONOMIC INEQUITIES IMPACTING THE BLACK COMMUNITY. SINCE ITS INCEPTION THE NETWORK HAS FOCUSED ON LEVERAGING THE COLLECTIVE POWER AND VOICE TO ADDRESS THE IMPACTS OF ANTI-BLACK RACISM. RECENTLY THE NETWORK HAS FOCUSED ON SUPPORTING A SOUTHERN FUNDING STRATEGY TO SPECIFICALLY SUPPORT BLACK-LED AND FOCUSED INFRASTRUCTURE IN NONPROFITS AND COMMUNITY CENTERED INSTITUTIONS INCLUDING HBCUS. ANOTHER PROGRAM IS THE NATIONAL LEVERAGE THE TRUST, WHICH IS A SIGNATURE COMMUNITY OF PRACTICE IN ABFE'S PORTFOLIO OF LEADERSHIP CONVENINGS AND AIMS TO ENGAGE BLACK FOUNDATION TRUSTEES THROUGH PEER NETWORKING AND LEARNING OPPORTUNITIES. THE WORK OF LEVERAGE THE TRUST IS LED BY A COMMITTEE OF DEDICATED TRUSTEES OF PHILANTHROPIC INSTITUTIONS THAT ARE REPRESENTATIVE OF THE DIVERSITY OF GEOGRAPHY, TYPE, AND SIZE OF GRANTMAKING ENTITIES IN THE SECTOR, AND AIMS TO INCREASE THE NUMBER AND CAPACITY OF BLACK TRUSTEES AT PHILANTHROPIC ORGANIZATIONS; AND TO ENGAGE BLACK TRUSTEES IN SUPPORTING A RACIAL EQUITY AGENDA WITHIN THEIR INSTITUTIONS AND THE THROUGHOUT THE SECTOR. HOSTED AT THE ESTEEMED NATIONAL COUNCIL OF NEGRO WOMEN IN WASHINGTON, DC ON OCTOBER 26TH AND 27TH, THE 1.5-DAY EVENT COMPRISED OF A PRIVATE WELCOME RECEPTION FOLLOWED BY A FULL DAY OF PROGRAMMING AND CONVERSATION. THE EVENT IS DEDICATED TO AMPLIFYING THE INFLUENCE OF BLACK TRUSTEES IN PHILANTHROPY, STANDS AS A TESTAMENT TO ABFE'S COMMITMENT TO IMPACTFUL LEADERSHIP AND ADVANCING RACIAL EQUITY IN THE SECTOR. 2585315 475000 321311 5169317 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 77 0 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X HAJRINA SHEHU VP FINANCE AND ADMIN 6463929877 55 EXCHANGE PLACE 401 NEW YORK NY 10005 MR CORY ANDERSON CHAIR 1.00 X X 0 0 0 MS SHARON NASH BUSH VICE CHAIR 1.00 X X 0 0 0 MS MARIA WOODRUFF-WRIGHT TREASURER 1.00 X X 0 0 0 DR SYLVIA BARTLEY SECRETARY 1.00 X X 0 0 0 MS STEPHANIE BELL-ROSE DIRECTOR 1.00 X 0 0 0 MS MELISSA DESHIELDS DIRECTOR 1.00 X 0 0 0 MR HERBERT DRAYTON DIRECTOR 1.00 X 0 0 0 MR JAMES HEAD DIRECTOR 1.00 X 0 0 0 MS WENDY LEWIS JACKSON DIRECTOR 1.00 X 0 0 0 MS SUSAN D JOHNSON DIRECTOR 1.00 X 0 0 0 MS CYNTHIA MULLER DIRECTOR 1.00 X 0 0 0 MR ISAIAH OLIVER DIRECTOR 1.00 X 0 0 0 MS UPENDO SHABAZZ DIRECTOR 1.00 X 0 0 0 MS MAISHA SIMMONS DIRECTOR 1.00 X 0 0 0 MR STEPHEN WEBSTER DIRECTOR 1.00 X 0 0 0 MS DALILA WILSON-SCOTT DIRECTOR 1.00 X 0 0 0 MS AISHA ALEXANDER YOUNG DIRECTOR 1.00 X 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 35.00 X 318962 0 49787 MS HAJRINA SHEHU VP FINANCE AND ADMIN 35.00 X 151031 0 38216 MS MICHELL SPEIGHT CHIEF OF STAFF 35.00 X 181295 0 19825 MR EDWARD JONES VP, PROGRAMS 35.00 X 172372 0 25829 MS TAHIRA CHRISTMON VP, EXTERNAL AFFAIRS 35.00 X 163722 0 14422 MR CORY WITHERSPOON CHIEF DEVELOPMENT OFFICER 35.00 X 161123 0 34913 MR T'SHAWN RIVERS DEVELOPMENT DIRECTOR 35.00 X 118897 0 27178 MS EVELYN THOMPSON ADMINISTRATIVE DIRECTOR 35.00 X 109806 0 24325 MS EVELYN FREDERICK MEMBERSHIP DIRECTOR 35.00 X 108955 0 23892 MR JUSTON COOPER NETWORK AND PARTNERSHIPS DIRECTOR 35.00 X 100338 0 1977 1586501 0 260364 10 0 1 0 TYNESIA BOYEA ROBINSON CAP EQ ADVISORS L 500 WEST FIFTH STREET SUITE 800 PM WINSTONSALEM NC 27101 RACIAL EQUITY CONSULTANT SERVICES 195116 BUOYANT PARTNERS INC 80 M STREET SUITE 200 WASHINGTON DC 20003 EVENT MANAGEMENT SERVICES 132958 2 635007 5232229 5867236 PROGRAM & LECTURE FEES 611710 958863 958863 MEMBERSHIP DUES 611710 459950 459950 JOBS CORNER REVENUE 541800 87910 87910 1506723 266702 266702 7640661 1506723 0 266702 X 475000 475000 1331497 795618 342175 193704 2078945 1424417 288863 365665 41738 11017 21263 9458 483673 212616 207468 63589 247447 112247 98582 36618 90392 90392 31404 31404 13627 13627 819070 808060 4747 6263 76117 62344 4811 8962 225367 201278 19851 4238 15690 562 15128 385696 365788 7464 12444 643992 589273 54719 13397 13397 DUES & SUBSCRIPTIONS 115150 83662 31488 REPAIRS & MAINTENANCE 34437 4156 30281 STAFF DEVELOPMENT 31101 23279 7822 7153740 5169317 1283482 700941 14727080 10705396 1315761 224335 2955216 1702435 62200 0 35311 54120 0 7293282 21735 8232 19117303 19987800 199781 287342 584326 716957 784107 1004299 X 7198906 10145581 11134290 8837920 18333196 18983501 19117303 19987800 486921 163384 0 X X 0 1 X 1 0 X 1223328 8706954 12763655 4736155 5867236 33297328 1223328 8706954 12763655 4736155 5867236 33297328 11462024 21835304 2836 2036 846 5061 266702 277481 33574809 4703066 0.65030 0.71320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 7790418 163384 163384 7627034 13627 13627 7640661 7140113 0 7140113 13627 13627 7153740 PART X, LINE 2: THE ASSOCIATION RECOGNIZES THE EFFECT OF TAX POSITIONS WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATIONS OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAX, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX THAT WOULD REQUIRE DISCLOSURE AND/OR RECOGNITION IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. 1 ASIAN AMERICAN-PACIFIC ISLANDERS IN PHILANTHROPY INC 1714 FRANKLIN STREET SUITE 100-386 OAKLAND CA 94612 943150064 501(C)(3) 75000 0 TO HELP SUPPORT ABFE'S RACIAL EQUITY ADVANCEMENT AND DEFENSE INITIATIVE HISPANICS IN PHILANTHROPY 414 13TH STREET 200 OAKLAND CA 94612 943040607 501(C)(3) 75000 0 TO HELP SUPPORT ABFE'S RACIAL EQUITY ADVANCEMENT AND DEFENSE INITIATIVE NATIVE AMERICANS IN PHILANTHROPY 1140 THIRD STREET NORTHEAST SECOND FLOOR WASHINGTON DC 20002 561849598 501(C)(3) 325000 0 TO HELP SUPPORT ABFE'S RACIAL EQUITY ADVANCEMENT AND DEFENSE INITIATIVE 3 0 PART I, LINE 2: GRANTS WERE PROVIDED TO HELP SUPPORT ABFE'S RACIAL EQUITY ADVANCEMENT AND DEFENSE INITIATIVE FOR THREE YEARS BEGINNING NOVEMBER 2023. GRANTEES ARE REQUIRED TO SUBMIT INTERIM REPORTS DETAILING PROGRAMMATIC UPDATES AND THE PROGRESS OF THE PROJECT, ALONG WITH A FINAL REPORT TO COVER THE ACTIVITIES FROM PREVIOUS INTERIM REPORT AND IN THE OVERALL GRANT PERIOD. X X X X X 0 0 0 0 0 0 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 318962 0 0 0 0 0 12967 0 36820 0 368749 0 0 0 MS MICHELL SPEIGHT CHIEF OF STAFF 181295 0 0 0 0 0 0 0 19825 0 201120 0 0 0 MR EDWARD JONES VP, PROGRAMS 172372 0 0 0 0 0 6350 0 19479 0 198201 0 0 0 MR CORY WITHERSPOON CHIEF DEVELOPMENT OFFICER 161123 0 0 0 0 0 0 0 34913 0 196036 0 0 0 MS HAJRINA SHEHU VP FINANCE AND ADMIN 151031 0 0 0 0 0 5008 0 33208 0 189247 0 0 0 MS TAHIRA CHRISTMON VP, EXTERNAL AFFAIRS 163722 0 0 0 0 0 6613 0 7809 0 178144 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AMENDED THE BY-LAWS IN 2023 WITH THE FOLLOWING CHANGES MADE: 1. ADDITION OF BY-LAW 5.12: SPECIAL COMMITTEES OF BOARD OF DIRECTORS - THIS NEW BY-LAW GIVES ABFE THE AUTHORITY TO CREATE NEW STANDING AND/OR AD-HOC COMMITTEES OUTSIDE OF EXECUTIVE AND GOVERNANCE. 2. ADDITION OF LANGUAGE ("THE BOARD OF DIRECTORS RESERVES THE RIGHT TO CREATE ADDITIONAL ELIGIBILITY REQUIREMENTS. INDIVIDUAL/INDIVIDUAL ASSOCIATE MEMBERS SHALL ENJOY BENEFITS AS DESIGNED AND APPROVED BY THE BOARD OF DIRECTORS.") TO BY-LAWS 2.03 AND 2.04 WHICH PROVIDES FLEXIBILITY FOR THE BOARD AND ABFE STAFF TO AMEND MEMBERSHIP ELIGIBILITY REQUIREMENTS AS NEEDED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING THREE CLASSES OF MEMBERSHIP: 1) INSTITUTIONAL, INCLUDING AN ENTITY PRIVATE, PUBLIC, COMMUNITY, FAMILY OR CORPORATE GRANTMAKING INSTITUTION OR A NONPROFIT ORGANIZATION OR CORPORATION PARTICIPATING AS A GRANTOR AND/OR INVESTOR IN BLACK COMMUNITIES; 2) INDIVIDUAL VOTING MEMBERS, INCLUDING CURRENT OR PAST DONOR, TRUSTEE OR STAFF OF AN ORGANIZATION ELIGIBLE; AND 3) INDIVIDUAL ASSOCIATE MEMBERS, INCLUDING INDIVIDUAL THAT SUPPORTS ABFE'S MISSION MAY BECOME AN ASSOCIATE MEMBER UPON APPLICATION AND PAYMENT OF DUES. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF THE BOARD OF DIRECTORS IS SUBJECT TO APPROVAL BY THE INDIVIDUAL VOTING MEMBERS. EACH YEAR AT ABFE'S ANNUAL MEMBERSHIP MEETING, A SLATE OF CANDIDATES TO SERVE ON ABFE'S BOARD IS ELECTED BY ELIGIBLE MEMBERS WITH VOTING PRIVILEGES, INCLUDING MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS PRESENTED TO THE AUDIT COMMITTEE AND THEN DISTRIBUTED ELECTRONICALLY BY EMAIL TO THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE IT IS FILED. THE BOARD OF DIRECTORS REVIEWS AND PROVIDES FEEDBACK ON THE FORM 990. THE FEEDBACK IS REVIEWED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ABFE HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO THE BOARD OF DIRECTORS AND OFFICERS. EACH MEMBER OF THE BOARD OF DIRECTORS MUST SIGN A CONFLICT OF INTEREST STATEMENT UPON BECOMING A BOARD MEMBER. IN ADDITION, SITTING BOARD MEMBERS AND OFFICERS MUST ANNUALLY SIGN THE CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MY EXIST FOR EACH YEAR THAT THEY ARE ON THE BOARD. BOARD MEMBERS ARE ALSO ASKED TO PRESENT ANY CONFLICT OF INTEREST DURING THEIR FIRST REGULAR BOARD MEETING OF THE YEAR. ANY CONFLICT OF INTEREST NOTED WILL BE REVIEWED BY THE PRESIDENT, CHAIR, AND OTHER MEMBERS OF THE BOARD OF DIRECTORS AND IS HANDLED ON A CASE-BY-CASE BASIS, WHICH IS RECORDED IN THE BOARD MEETING MINUTES. IF AN ACTUAL CONFLICT EXISTS, INTERESTED PARTY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISION ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY RANGE FOR THE PRESIDENT & CEO WAS SET BY THE EXECUTIVE COMMITTEE BASED ON A SURVEY OF NONPROFIT EXECUTIVE SALARIES IN ORGANIZATIONS OF SIMILAR SIZE (BUDGET AND STAFF) IN THE NYC METROPOLITAN REGION. THE EXECUTIVE COMMITTEE'S ANNUAL ASSESSMENT OF THE PRESIDENT AND CEO'S PERFORMANCE IS USED TO DETERMINE SALARY ADJUSTMENTS. THEIR ASSESSMENT INCLUDES SALARY SURVEYS AND DATA FOR SIMILAR ORGANIZATIONS IN THE NONPROFIT SECTOR. COMPENSATION FOR OTHER OFFICER AND KEY EMPLOYEES IS DETERMINE BY THE PRESIDENT BASED ON INFORMATION PROVIDED BY THIRD-PARTY CONSULTANT, COMPENSATION PHILOSOPHY/POLICY, SALARY SURVEYS AND ETC. THE FINANCE COMMITTEE APPROVES THE COMPENSATION OF THE PRESIDENT & CEO, OTHER OFFICER, AND KEY EMPLOYEES THROUGH THE BUDGET PROCESS. THIS PROCESS WAS LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 ABFE MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990, AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G LEADERSHIP COACHING CONSULTING FEES: PROGRAM SERVICE EXPENSES 449,856. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 449,856. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 5,404. MANAGEMENT AND GENERAL EXPENSES 4,747. FUNDRAISING EXPENSES 1,763. TOTAL EXPENSES 11,914. HR SUPPORT SERVICES FEE/OTHER FEES: PROGRAM SERVICE EXPENSES 352,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 4,500. TOTAL EXPENSES 357,300. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.