2024-05-15T16:24:22-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 131624235 THE CENTURY FOUNDATION INC CENT 2124527700 ONE WHITEHALL ST 15TH FL NEW YORK NY 100042136 LISA SAHULKA CHIEF OPERATING OFFICER 2124527700 2024-05-14 1 LISA SAHULKA XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK ZUCKERMAN ONE WHITEHALL ST 15TH FL NEW YORK NY 100042136 23603135 0 X WWW.TCF.ORG X 1919 MA TO CONDUCT RESEARCH, DEVELOP SOLUTIONS, AND DRIVE POLICY CHANGE TO MAKE PEOPLE'S LIVES BETTER. 8 8 77 8 0 0 6279268 8074065 112192 150693 3690256 1958366 7486 7498 10089202 10190622 394949 496243 0 0 7043581 8144110 57988 0 564152 2710697 2993696 10207215 11634049 -118013 -1443427 56784803 58694529 589514 2813582 56195289 55880947 X THE CENTURY FOUNDATION IS A PROGRESSIVE, INDEPENDENT THINK TANK THAT CONDUCTS RESEARCH, DEVELOPS SOLUTIONS, AND DRIVES POLICY CHANGE TO MAKE PEOPLE'S LIVES BETTER. WE PURSUE ECONOMIC, RACIAL, GENDER, AND DISABILITY EQUITY IN EDUCATION, HEALTH CARE, AND WORK, AND PROMOTE U.S. FOREIGN POLICY THAT FOSTERS INTERNATIONAL COOPERATION, PEACE, AND SECURITY. 0 0 2844861 496243 150693 ECONOMIC OPPORTUNITY:POWERFUL INTERESTS HAVE TURNED THE ECONOMY AGAINST ORDINARY PEOPLE. OUR ECONOMIC POLICIES LACK THEREOF DIRECTLY CONTRIBUTE TO RECORD HIGH INEQUALITY AND MAKE IT NEARLY IMPOSSIBLE FOR VULNERABLE COMMUNITIES TO GET BY, LET ALONE GET AHEAD. TCF FIGHTS FOR RACIAL, GENDER, AND DISABILITY JUSTICE ACROSS OUR ECONOMY, FROM EFFORTS TO STRENGTHEN THE SOCIAL SAFETY NET TO BUILDING AN ECONOMY THAT VALUES CARE WORK, RACIAL, AND GENDER DISPARITIES. 2502439 0 0 HIGHER EDUCATION:IS KEY TO UPWARD MOBILITY, YET OUR CURRENT SYSTEM IS RIDDLED WITH INEQUITIES, SKYROCKETING COSTS, AND ANTI-CONSUMER BEHAVIOR. TCF WORKS TO HOLD PREDATORY COLLEGES ACCOUNTABLE, LOWER TUITION COSTS AND EXPAND FINANCIAL AID, AND MAKE OUR CAMPUSES MORE AFFORDABLE AND ACCESSIBLE. 1334838 0 0 PK-12 EDUCATION:EDUCATION IS THE BEDROCK OF AMERICAN DEMOCRACY: IT'S ONE OF THE MOST POWERFUL TOOLS WE HAVE TO GIVE EVERYONE AN OPPORTUNITY TO SUCCEED. BUT TODAY, OUR SCHOOLS FROM PRE-K TO HIGH SCHOOL DON'T DELIVER ON THAT PROMISE. TCF WORKS TO CHANGE THAT, SO THAT EVERY CHILD, NO MATTER THEIR BACKGROUND, HAS ACCESS TO A HIGH-QUALITY EDUCATION. 1285012 0 0 NEXT100:NEXT100 IS A POP-UP THINK TANK BUILT FOR A NEW BRAND OF POLICY LEADERS, WORKING ON THE ISSUES THAT MATTER MOST TO THE NEXT GENERATION.THE NEXT GENERATION LIVES AND BREATHES THE ISSUES DRIVING THE PROGRESSIVE MOVEMENT FORWARD, AND BECAUSE OF THIS, THEY'RE IN A UNIQUE POSITION TO SHAPE THE FUTURE. NEXT100, AN INNOVATIVE POP-UP THINK TANK WHERE ASPIRING LEADERS CAN ENACT POLICY SOLUTIONS THAT WILL IMPACT NOT ONLY THIS GENERATION, BUT ALL GENERATIONS THAT FOLLOW. 1129801 0 0 HEALTH CARE:THE AMERICAN HEALTHCARE SYSTEM IS BESET WITH INEQUALITIES THAT HAVE A DISPROPORTIONATE IMPACT ON PEOPLE OF COLOR, PEOPLE WITH LOW INCOMES, AND OTHER OPPRESSED GROUPS. TCF'S HEALTH TEAM WORKS TO ADVANCE A TRULY UNIVERSAL, AFFORDABLE, AND HIGH-QUALITY HEALTH CARE SYSTEM THAT ADDRESSES ECONOMIC, RACIAL, AND GENDER DISPARITIES. 616613 0 7494 OTHER PROGRAMS (CROSS TEAMS, CENTURY INTERNATIONAL, COMMUNICATION AND EDITORIAL AND OTHERS) 3031426 0 7494 9713564 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 104 0 77 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WV WI X X MARK ZUCKERMAN 2124527700 ONE WHITEHALL ST 15TH FL NEW YORK NY 100042136 BRADLEY ABELOW CHAIR 5.00 X X 0 0 0 ALICIA H MUNNELL SECRETARY THRU MAR 2023 5.00 X X 0 0 0 DAMON A SLIVERS TREASURER 5.00 X X 0 0 0 ALEXANDER MORGAN CAPRON TREASURER THRU DEC 2022 5.00 X X 0 0 0 JONATHAN ALTER TRUSTEE 1.00 X 0 0 0 JACOB HACKER TRUSTEE 1.00 X 0 0 0 MELISSA HARRIS-PERRY TRUSTEE 1.00 X 0 0 0 HEATHER HOWARD TRUSTEE 1.00 X 0 0 0 JOHN B KING JR TRUSTEE 1.00 X 0 0 0 GEORGE MILLER TRUSTEE THRU DEC 2022 1.00 X 0 0 0 AISHA MILLS TRUSTEE 1.00 X 0 0 0 SONAL SHAH TRUSTEE THRU DEC 2022 1.00 X 0 0 0 MARK ZUCKERMAN PRESIDENT 40.00 X 350000 0 18523 LISA SAHULKA CHIEF OPERATING OFFICER 40.00 X 219894 0 34357 RICHARD KAHLENBERG SENIOR FELLOW THRU AUG 2022 40.00 X 188273 0 36216 ROBERT SHIREMAN SENIOR FELLOW/DIR. HIGHER EXCELLENCE 40.00 X 168070 0 27782 ISHMEET SAHNI VICE PRESIDENT OF DEVELOPMENT 40.00 X 164753 0 20072 LUCY MUIRHEAD CHIEF STRATEGY OFFICER 40.00 X 163197 0 21188 STEPHAN LALLINGER EXECUTIVE DIRECTOR OF NEXT 100 40.00 X 161724 0 40422 1415911 0 198560 23 0 1 0 OFFIT CAPITAL 485 LEXINGTON AVENUE 24TH FLOOR NEW YORK NY 10017 INVESTMENT ADVISORY 230162 STEVEN S GREENHOUSE 134 WEST 93RD STREET NEW YORK NY 10025 JOURNALISM 137500 2 8074065 73104 8074065 SERVICE FEE INCOME 900099 150693 150693 150693 921723 921723 7494 7494 14449156 13412513 1036643 1036643 1036643 OTHER REVENUE 900099 4 4 4 10190622 158187 0 1958370 496243 496243 635033 251118 315081 68834 5837627 5165644 290241 381742 225419 202509 8436 14474 759517 651040 57085 51392 686514 577218 61755 47541 35313 33334 1979 61431 57988 3443 226946 226946 685526 647987 37370 169 285492 257970 27522 168352 128360 39992 222042 177633 44409 643145 510782 132363 229571 139831 89740 206354 206354 40346 32276 8070 59504 47603 11901 MISC EXPENSE 118756 118756 REPAIRS AND MAINTENCE 10918 10918 11634049 9713564 1356333 564152 189438 81741 5948401 1116061 2091357 2593288 25000 20000 53550 84900 798289 663803 174832 134486 20174394 25384750 28104594 27435495 23237 1843808 56784803 58694529 301074 746653 288440 0 0 2066929 589514 2813582 X 51061813 50050496 5133476 5830451 56195289 55880947 56784803 58694529 X -1443427 1439937 -310852 X X 0 1 X 1 0 X 2781402 4809464 5552710 5968416 8074065 27186057 2781402 4809464 5552710 5968416 8074065 27186057 12536925 14649132 1212214 943258 1117782 1532069 921723 5727046 532 28 4 564 32913667 423003 0.44510 0.41990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 22605 0 0 22605 0 PART II-B, LINE 1: AMOUNTS REPORTED ON LINE 1G REPRESENTS EMPLOYEES TIME SPENT LOBBYING FOR HIGHER EDUCATION; EDUCATION K-12; CRIMINAL REFORM; BLACK MATERNAL HEALTHCARE; WOMEN'S ECONOMIC JUSTICE; AND MANUFACTURING/JOBS PLAN DURING THE YEAR AT FEDERAL AND STATE LEVELS. 380794 373644 7150 417495 290159 127336 134486 HEDGE FUNDS 12727676 F PRIVATE EQUITY 12492660 F LIMITED PARTNERSHIPS 2067149 F PRIVATE REAL ESTATE 148010 F 27435495 LEASE LIABILITIES, OPERATING LEASES 2066929 2066929 X 11407167 1439937 3554 1443491 9963676 226946 226946 10190622 11721509 3554 310852 314406 11407103 226946 226946 11634049 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF UNCOLLECTIBLE PLEDGES 310,852. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 17207379 0 0 0 0 0 0 17207379 0 17207379 1 0 1 1 1 0 PART III ACCOUNTING METHOD: PART IV, LINE 3 AND LINE 4: THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 5471 AND 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD FOR OWNERSHIP OR OTHER FILING REQUIREMENTS. PART IV, LINE 1 AND LINE 5: THE ORGANIZATION IS REQUIRED TO FILE FORMS 8865 AND 926 BECAUSE IT DOES MEET THE APPLICABLE THRESHOLD FOR OWNERSHIP AND OTHER FILING REQUIREMENTS. 1 ARIZONA STATE UNIVERSITY PO BOX 875812 TEMPE AZ 85287 860196696 STATE OF AZ 159949 0 PROGRAM SUPPORT - EDUCATION K-12 HOUSTON COMMUNITY COLLEGE FOUNDATION 3100 MAIN ST SUITE 12B12 HOUSTON TX 77002 741885205 501(C)(3) 8000 0 PROGRAM SUPPORT - ECONOMY AND JOBS LAKE RESEARCH PARTNERS INC 1101 17TH STREET NW SUITE 301 WASHINGTON DC 20036 521739514 94641 0 PROGRAM SUPPORT - HIGHER EDUCATION MANUFACTURING RENAISSANCE 3411 W DIVERSEY AVENUE CHICAGO IL 60647 363197648 501(C)(3) 50000 0 PROGRAM SUPPORT - ECONOMY AND JOBS PHILADELPHIA LEGAL ASSISTANCE CENTER INC 718 ARCH STREET SUITE 300N PHILADELPHIA PA 19106 232823744 501(C)(3) 55000 0 PROGRAM SUPPORT - ECONOMY AND JOBS RIVERSIDE COMMUNITY COLLEGE DISTRICT 3801 MARKET STREET RIVERSIDE CA 92501 330831357 STATE OF CA 8000 0 PROGRAM SUPPORT - ECONOMY AND JOBS THE INVISIBLE AMERICANS PODCAST INC 730 RIVERSIDE DRIVE 9BB NEW YORK NY 10031 920947822 501(C)(3) 9000 0 PROGRAM SUPPORT - ECONOMY AND JOBS URBAN MANUFACTURING ALLIANCE INC 608 HENRY STREET FLOOR 1 BROOKLYN NY 11231 472847445 501(C)(3) 110000 0 PROGRAM SUPPORT - ECONOMY AND JOBS 7 1 PART I, LINE 2: SUBGRANTS ARE FUNDED BY EXTERNAL GRANTS AND RECIPIENTS ARE CHOSEN IN CONJUNCTION WITH THE EXTERNAL FUNDER TO FURTHER THE GOALS OF THE PROJECT/PROGRAM. SIGNED AGREEMENTS INDICATE GRANT PERIOD, SCOPE OF WORK, AND OTHER DELIVERABLES SUCH AS PUBLICATIONS AND CONVENINGS. AS FISCAL SPONSOR, THE CENTURY FOUNDATION RESERVES THE RIGHT TO INSPECT THE SUBGRANTEE'S RECORDS AND EVALUATE OPERATIONS UNDER THE GRANT TERMS; AND RECEIVE INTERIM/FINAL REPORTS AS SCHEDULED. X X X 1 0 0 0 0 0 0 1 0 MARK ZUCKERMAN PRESIDENT 325000 0 25000 0 0 0 17500 0 1023 0 368523 0 0 0 LISA SAHULKA CHIEF OPERATING OFFICER 219294 0 600 0 0 0 11235 0 23122 0 254251 0 0 0 RICHARD KAHLENBERG SENIOR FELLOW THRU AUG 2022 102909 0 0 0 85364 0 5044 0 31172 0 224489 0 0 0 STEPHAN LALLINGER EXECUTIVE DIRECTOR OF NEXT 100 161124 0 600 0 0 0 8320 0 32102 0 202146 0 0 0 ROBERT SHIREMAN SENIOR FELLOW/DIR. HIGHER EXCELLENCE 167470 0 600 0 0 0 8538 0 19244 0 195852 0 0 0 ISHMEET SAHNI VICE PRESIDENT OF DEVELOPMENT 164153 0 600 0 0 0 8318 0 11754 0 184825 0 0 0 LUCY MUIRHEAD CHIEF STRATEGY OFFICER 162597 0 600 0 0 0 0 0 21188 0 184385 0 0 0 PART I, LINE 4A PURSUANT TO THE TERMS AND CONDITIONS OF RICHARD KAHLENBERG'S SEPARATION AGREEMENT, THE ORGANIZATION MADE SEVERANCE PAYMENTS IN THE AMOUNT OF $65,364 IN 2022. THE PAYMENTS WERE TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT. PART I, LINE 7 CERTAIN EMPLOYEES IN PART VII, SECTION A RECEIVED DISCRETIONARY BONUSES INCLUDED IN THEIR 2022 FORM W-2 DURING THE YEAR. X 1 73104 SALES PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). 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 B, LINE 11B THE CENTURY FOUNDATION, INC. 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, REVIEWED BY COO AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CENTURY FOUNDATION HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO TRUSTEES, OFFICERS, AND EXECUTIVES. EACH TRUSTEE, OFFICER, AND EXECUTIVE MUST SIGN ANNUALLY AND SUBMIT THE CONFLICT OF INTEREST STATEMENT TO THE BOARD DISCLOSING THEIR AWARENESS OF THE POLICY AND DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. IN THE EVENT THAT AN ACTUAL CONFLICT EXISTS, THE INDIVIDUAL WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DISCUSSIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL THE CONFLICT IS RESOLVED. ANY DISCUSSION REGARDING THE CONFLICT OF INTEREST TRANSACTION IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS, REFLECTING THE CONFLICT OF INTEREST THAT WAS DISCLOSED, THE NAME OF THE INTERESTED PERSON, AND THE FINAL DETERMINATION AND DECISION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY BOARD CHAIR. THE BOARD CHAIR USES COMPARABILITY DATA FROM OTHER FORM 990S OF SIMILARLY SIZED ORGANIZATIONS AND SALARY STUDY FROM THE NONPROFIT TIMES. THE COMPENSATION IS APPROVED BY THE BOARD AND THEIR DECISION IS DOCUMENTED IN THE ORGANIZATION'S PERSONNEL FILES. THE PROCESS WAS LAST UNDERTAKEN IN FY 2023. THE PRESIDENT REVIEWS THE COMPENSATION OF THE COO. THE PRESIDENT USES COMPARABILITY DATA FROM OTHER FORM 990S OF SIMILARLY SIZED ORGANIZATIONS AND SALARY STUDY FROM THE NONPROFIT TIMES TO DETERMINE THE COMPENSATION OF THE COO. THE COMPENSATION IS APPROVED BY THE BOARD AND THEIR DECISION IS DOCUMENTED IN THE ORGANIZATION'S PERSONNEL FILES. THE PROCESS WAS LAST UNDERTAKEN IN FY 2023. 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, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: WRITE OFF OF UNCOLLECTIBLE PLEDGES -310,852. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS MAKES THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.