2024-10-10T09:45:52-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-01-01 474407203 THE JAIN FAMILY INSTITUTE JAIN 9174883995 568 BROADWAY 601 NEW YORK NY 10012 MICHAEL STYNES CEO & DIRECTOR 9174883995 2024-10-10 1 1 EVA MRUK P00543254 2122862600 2024-10-08 2023 2024-10-15 13:58:12Z MICHAEL STYNES 568 BROADWAY 601 NEW YORK NY 10012 5847424 0 X WWW.JAINFAMILYINSTITUTE.ORG X 2015 DE TO ADDRESS PRESSING SOCIAL PROBLEMS THROUGH HIGH-IMPACT POLICY INTERVENTIONS. 3 2 45 2 0 0 5131138 5312505 110979 513329 111 19578 4332 2012 5246560 5847424 757358 153935 0 0 3606714 3292927 0 0 216294 1793098 2288412 6157170 5735274 -910610 112150 1293147 1042629 1145897 782316 147250 260313 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 0 4422720 153935 513329 THE INSTITUTE'S THREE LARGEST PROGRAM AREAS ARE: (A) PHENOMENAL WORLD, A FREELY-AVAILABLE PUBLICATION DEVOTED TO RIGOROUS AND INNOVATIVE WRITING ON ECONOMICS, HISTORY, FINANCE, POLICY, AND POLITICS; (B) HIGHER EDUCATION FINANCE, A RESEARCH PROGRAM EXAMINING THE STUDENT DEBT CRISIS AND HOW IT MIGHT BE AMELIORATED VIA ALTERNATIVE FINANCING STRUCTURES; & (C) FIELD, A TEAM DEVOTED TO RIGOROUS SOCIAL SCIENCE RESEARCH ACROSS THE INSTITUTE'S AREAS OF FOCUS INTENDED TO ARM POLICYMAKERS WITH EVIDENCE-BASED RECOMMENDATIONS. THE INSTITUTE HAS FURTHER PROGRAMS IN THE AREAS OF GUARANTEED INCOME, FINANCING THE ENERGY TRANSITION, AI FOR THE PUBLIC GOOD, AND SOCIAL WEALTH.THE INSTITUTE ALSO HELPS DESIGN AND INCUBATE NEW PHILANTHROPIC INITIATIVES BROUGHT TO US BY PARTNERS IN GOVERNMENT, INDUSTRY, ACADEMIA, AND OTHER SECTORS. ONE ACTIVE SUCH PROJECT IS THE CENTER FOR ACTIVE STEWARDSHIP, FOCUSED ON THE RELATIONSHIP BETWEEN THE ASSET MANAGEMENT INDUSTRY AND PRIVATE SECTOR ACTION ON CLIMATE CHANGE. THE INCUBATION OF ANOTHER SUCH PROGRAM, THE NEW INSTITUTE OF POLITICAL ECONOMY, ENDED IN 2023. 4422720 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 41 0 45 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 41.00 X X 205552 0 35528 ALEXANDER JACOBS CHIEF OPERATING OFFICER 40.00 X 157925 0 25325 JEROME HODGES CHIEF RESEARCH OFFICER 40.00 X 204703 0 36163 MOLLY DEKTAR EDITORIAL DIRECTOR 40.00 X 149238 0 41851 SIDHYA BALAKRISHNAN DIRECTOR OF RESEARCH 40.00 X 149202 0 12521 NOLAN LINDQUIST EXECUTIVE DIR. 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OTHER INCOME - 2022 AMOUNT: $ 1,236. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91722 58600 33122 11272 10902 370 33492 RIGHT OF USE ASSET 437523 SECURITY DEPOSITS 55581 DUE FROM OTHERS 2923 496027 RIGHT OF USE LIABILITIES 490086 490086 X 5848337 913 913 5847424 0 5847424 5735274 0 5735274 0 5735274 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, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF FIXED ASSETS 913. 1 SOUTH AMERICA 0 4 PROGRAM SERVICES RESEARCH SERVICES 299089 EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PROGRAM SERVICES RESEARCH SERVICES 53831 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 1000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 4000 0 6 0 0 0 6 357920 0 357920 0 0 1 0 0 0 PART I, LINE 2: GRANTS TO INDIVIDUALS ARE MOST COMMONLY FELLOWSHIP AWARDS IN SUPPORT OF YOUNG SCHOLARS. IN THESE CASES, THE ORGANIZATION WORKS CLOSELY WITH NONPROFITS SPECIALIZING IN CAREER MENTORSHIP IN ORDER TO SELECT GRANTEES AMONG ITS MEMBERS. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES. FORM 990, SCHEDULE F, PART IV, LINE 3: THE ORGANIZATION IS REQUIRED TO FILE FORM 5471 BECAUSE IT MEETS THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS. 1 ECONOMIC SECURITY PROJECT 228 PARK AVE S PMB 32482 NEW YORK NY 10003 853888872 501(C)(3) 71840 0 SUPPORT OF WORK BEGUN AT JFI BY NEW INSTITUTE FOR POLITICAL ECONOMY FUND FOR GUARANTEED INCOME 450 DULEY ROAD EL SEGUNDO CA 90245 861909049 501(C)(3) 0 75000 BOOK VALUE GENERAL SUPPORT 2 0 PART I, LINE 2: GRANTMAKING REPRESENTS A SMALL PERCENTAGE OF THE ORGANIZATION'S FINANCIAL ACTIVITIES. THOSE GRANTS THAT IT DOES PROVIDE TO ORGANIZATIONS ARE GENERALLY UNRESTRICTED. THE ORGANIZATION TYPICALLY MAINTAINS A CLOSE RELATIONSHIP WITH SUCH GRANTEES COLLABORATING ON PROGRAMS, ATTENDING EVENTS OR ROUNDTABLES SUPPORTED BY THE GRANT FUNDING, ETC. BEFORE, DURING, AND AFTER THE FUNDS ARE PROVIDED. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL B STYNES CEO & DIRECTOR 205552 0 0 0 0 0 12017 0 23511 0 241080 0 0 0 JEROME HODGES CHIEF RESEARCH OFFICER 204703 0 0 0 0 0 8240 0 27923 0 240866 0 0 0 MOLLY DEKTAR EDITORIAL DIRECTOR 149238 0 0 0 0 0 8769 0 33082 0 191089 0 0 0 ALEXANDER JACOBS CHIEF OPERATING OFFICER 157925 0 0 0 0 0 9373 0 15952 0 183250 0 0 0 NOLAN LINDQUIST EXECUTIVE DIR. FOR ACTIVE STEWARDSHI 144075 0 0 0 0 0 7975 0 13821 0 165871 0 0 0 SIDHYA BALAKRISHNAN DIRECTOR OF RESEARCH 149202 0 0 0 0 0 0 0 12521 0 161723 0 0 0 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 THE JAIN FAMILY INSTITUTE HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CHIEF OPERATING OFFICER AND A COMPLETE COPY IS PROVIDED ELECTRONICALLY TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR THEIR REVIEW. THE BOARD OF DIRECTORS EITHER ACKNOWLEDGES THEIR APPROVAL VIA EMAIL OR CONVENES A BOARD MEETING TO SEEK CLARIFICATION OR CORRECTION. THE CHIEF OPERATING OFFICER REQUESTS ANY SUCH CORRECTIONS FROM THE OUTSIDE ACCOUNTING FIRM 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 1,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,650. CONSULTANTS: PROGRAM SERVICE EXPENSES 456. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 456. PROFESSIONAL HR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,950. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 61,808. MANAGEMENT AND GENERAL EXPENSES 10,488. FUNDRAISING EXPENSES 4,394. TOTAL EXPENSES 76,690. PROFESSIONAL WRITERS: PROGRAM SERVICE EXPENSES 35,641. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,641. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 955,476. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 955,476. EDITORS: PROGRAM SERVICE EXPENSES 124,292. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 124,292. FORM 990, PART XI, LINE 9: GAIN ON DISPOSAL OF FIXED ASSETS 913. 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 ADMINISTRATION OF THE COMPTON PLEDGE PROGRAM IN COMPTON, CALIFORNIA. 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