2025-10-16T11:30:57-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 834584093 SHARED ASCENT FUND SHAR 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 MATTHEW ARMSBY INTERIM PRESIDENT 9164425057 2025-10-16 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z MATTHEW ARMSBY 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 7344092 0 X SHAREDASCENTFUND.ORG X 2019 DE SEE PART III, LINE 1. 5 5 53 5 0 0 7587480 5207212 800999 570818 422 -37 1000 2800 8389901 5780793 625000 1253250 0 0 4160594 3922808 0 0 29484 1083520 1137927 5869114 6313985 2520787 -533192 7484913 6438539 1706930 1193748 5777983 5244791 SHARED ASCENT FUND'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY. 0 0 5924167 1253250 570818 IN 2024, SHARED ASCENT FUND (SAF) SUPPORTED EFFORTS TO MAINTAIN AND STRENGTHEN VOTING RIGHTS; STRENGTHEN HEALTH CARE POLICIES AND ACCESS; AND COUNTER RACISM IN AMERICA. IN ADDITION TO GRANTMAKING, SAF SERVES AS FISCAL SPONSOR-PROVIDING ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO PROJECTS FOCUSED ON SOCIAL CAUSES. 5924167 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 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 1 0 0 0 1 57 0 1 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA IL MA MD MI NJ NY OH OK OR X X X ROSINA BUGARIN 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 JASON BURNETT DIRECTOR, CHAIR 1.00 1.00 X 0 0 0 CHRISTOPHER J ELLIMAN DIRECTOR 1.00 1.00 X 0 0 0 MARTHA KONGSGAARD DIRECTOR 1.00 1.00 X 0 0 0 PRESTON PINKETT III DIRECTOR 1.00 1.00 X 0 0 0 MELISSA ROY DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW ARMSBY SEE SCH O VP; INTERIM PRESIDENT (BEG. 10/24) 1.00 5.00 X 1680 38924 4828 HELENA CHOI SEE SCH O SECRETARY AND VICE PRESIDENT 1.00 3.00 X 6318 20181 4428 AVI GARBOW SEE SCH O DIRECTOR; PRESIDENT (END 10/24) 1.00 3.00 X 19632 51095 4192 ROSINA BUGARIN SEE SCH O TREASURER & CHIEF FINANCIAL OFFICER 3.00 5.00 X 21926 41730 9984 JAMIE HART DIR COALITION TO EXPAND CONTRACEPTIVE ACCESS 40.00 0.00 X 346257 0 47150 MICHAEL PIERCE DIR STUDENT BORROWER PROTECTION CENTER 39.00 1.00 X 242468 1992 49105 LISA STERN DEP DIR COALITION TO EXPAND CONTRACEPTIVE ACCESS 40.00 0.00 X 258047 0 30473 PERSIS SICHING YU POLICY DIR & MAN. COUNS., STDNT BWR PROT. CTR 39.00 1.00 X 212619 1648 18533 SHEILA DESAI DIR TO EXPAND CONTRACEPTIVE ACCESS 40.00 0.00 X 180244 0 32837 1289191 155570 201530 12 0 1 0 CSR OPERATIONS LLC 1717 N STREET NW SUITE 1 WASHINGTON DC 20036 CONSULTING 155560 WONDER MEDIA NETWORK LLC PO BOX 10768 GREENSBORO NC 27404 CONSULTING 113750 JACOB DUMEZ C/O SAF 400 CAPITOL MALL STE 2150 SACRAMENTO CA 95814 CONSULTING 100108 3 5207212 11613 5207212 CONTRACT SERVICES 900099 570818 570818 570818 3753 3753 2800 0 2800 2800 2800 1559509 1563299 -3790 -3790 -3790 5780793 570818 0 2763 1253250 1253250 55415 9417 43089 2909 3063194 2912485 130267 20442 230336 218766 9957 1613 341244 322558 16185 2501 232619 218312 12576 1731 27188 27188 24390 24390 45 45 618430 601423 17007 10155 8115 2031 9 88297 64116 24103 78 110647 106135 4491 21 143711 143641 70 7778 7563 215 3029 2420 606 3 39132 39132 SUBSCRIPTIONS 30790 24604 6159 27 PAYROLL SERVICE FEES 15479 14527 837 115 FILING FEES 7932 6338 1587 7 DUES AND MEMBERSHIPS 7221 7022 199 3703 3475 200 28 6313985 5924167 360334 29484 3401832 3297475 3391218 2569381 325007 225342 88819 128068 278037 218273 7484913 6438539 727529 781136 500000 479401 412612 1706930 1193748 X 820340 711450 4957643 4533341 5777983 5244791 7484913 6438539 -533192 0 X 0 1 X 1 0 X 1738692 8646643 6027840 7587480 5207212 29207867 1738692 8646643 6027840 7587480 5207212 29207867 14995261 14212606 1205 409 4342 5432 6553 17941 29225808 1813167 0.48630 0.47290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 1290 0 0 1290 0 PART II-B, LINE 1: STUDENT LOAN FORGIVENESS ADVOCACY 0 LEASE LIABILITY 262612 REFUNDABLE ADVANCE 150000 412612 5780748 0 5780748 45 45 5780793 6313940 0 6313940 45 45 6313985 1 CAMPAIGN LEGAL CENTER INC 1101 14TH ST NW SUITE 400 WASHINGTON DC 20005 043608387 501(C)(3) 250000 0 GENERAL SUPPORT VOTER REGISTRATION PROJECT 200 MASSACHUSETTS AVE NW SUITE 700 WASHINGTON DC 20001 264802468 501(C)(3) 250000 0 GENERAL SUPPORT CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGTON INC 1331 F STREET SUITE 900 WASHINGTON DC 20004 030445391 501(C)(3) 250000 0 GENERAL SUPPORT CONSTITUTIONAL ACCOUNTABILITY CENTER 1200 18TH STREET NW SUITE 501 WASHINGTON DC 20036 522063854 501(C)(3) 200000 0 GENERAL SUPPORT ALL VOTING IS LOCAL 11 DUPONT CIR NW SUITE 575 WASHINGTON DC 20036 873908699 501(C)(3) 200000 0 GENERAL SUPPORT LEADERSHIP CONFERENCE EDUCATION FUND INC 1620 L ST NW SUITE 1100 WASHINGTON DC 20036 237026895 501(C)(3) 100000 0 GENERAL SUPPORT 6 0 PART I, LINE 2: BEFORE AWARDING A GRANT TO A U.S.-BASED ORGANIZATION, SAF REQUIRES DOCUMENTATION FROM THE APPLICANT THAT ESTABLISHES AND DESCRIBES THAT ORGANIZATION'S LEGAL STATUS, PURPOSE, AND MISSION. IN THE POST-AWARD STAGES, SAF MONITORS PROGRESS OF ITS GRANTS THROUGH VARIOUS REQUIREMENTS WHICH MAY INCLUDE: REQUESTING PERIODIC REPORTS FROM GRANTEES DESCRIBING GRANT ACTIVITIES, PROGRESS, AND OUTCOMES WITH GRANT OBJECTIVES, AS WELL AS A RECONCILIATION OF GRANT EXPENDITURES WITH THE PROPOSAL BUDGET, PERIODIC CHECK-IN CALLS AND MEETINGS WITH GRANTEES: AND/OR PERIODIC FIELD VISITS FOR SIGNIFICANT PROJECTS. ALL GRANTS MUST BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES. 0 0 0 0 0 0 0 1 0 JAMIE HART DIR COALITION TO EXPAND CONTRACEPTIVE ACCESS 341257 0 5000 0 0 0 26661 0 20489 0 393407 0 0 0 MICHAEL PIERCE DIR STUDENT BORROWER PROTECTION CENTER 242468 1992 0 0 0 0 20855 171 27850 229 291173 2392 0 0 LISA STERN DEP DIR COALITION TO EXPAND CONTRACEPTIVE ACCESS 238047 0 20000 0 0 0 18718 0 11755 0 288520 0 0 0 PERSIS SICHING YU POLICY DIR & MAN. COUNS., STDNT BWR PROT. CTR 212619 1648 0 0 0 0 17022 132 1368 11 231009 1791 0 0 SHEILA DESAI DIR TO EXPAND CONTRACEPTIVE ACCESS 175244 0 5000 0 0 0 12933 0 19904 0 213081 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID MERIT-BASED BONUSES TO THE INDIVIDUALS LISTED ON SCHED J, PART II. SEE COL (II). FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS, REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN SENT TO ALL VOTING MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY COVERS OFFICERS AND DIRECTORS, WHO ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY IN WRITING AND PRIOR TO ANY VOTE BY THE BOARD OF DIRECTORS IN WHICH A CONFLICT EXISTS OR APPEARS TO EXIST. THE BOARD OF DIRECTORS DETERMINES IF AN ACTUAL OR APPARENT CONFLICT EXISTS AND IS RESPONSIBLE FOR ANY REQUIRED REVIEW AND ACTION. IN ALL CASES, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IN CASE OF CONFLICTS OF INTEREST. ADDITIONALLY, A CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE POLICY MANUAL. UPON HIRE, EMPLOYEES ARE REQUIRED TO READ IT AND ACKNOWLEDGE THAT THEY ARE FAMILIAR WITH AND WILL OBSERVE THE POLICY; ACTUAL, POTENTIAL OR PERCEIVED CONFLICTS MUST BE REPORTED TO EXECUTIVE MANAGEMENT FOR REVIEW PRIOR TO THE RELEVANT DECISION. FORM 990, PART VI, SECTION B, LINE 15 RESOURCES LEGACY FUND (RLF) IS AN UNRELATED ORGANIZATION THAT WORKS WITH SAF. THE RLF GOVERNANCE COMMITTEE, ON BEHALF OF THE RLF BOARD, ENGAGED AN OUTSIDE CONSULTANT TO REVIEW THE EXECUTIVE COMPENSATION OF PEERS, TO ASSESS EXECUTIVE COMPENSATION, AND TO PROVIDE AN INDEPENDENT OPINION REGARDING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THIS PROCESS IS DOCUMENTED. THE POSITIONS OF PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT ALONG WITH OTHER KEY EMPLOYEES. THIS PROCESS IS UNDERTAKEN EVERY 3 YEARS AND WAS LAST COMPLETED IN 2024. OUTSIDE OF THIS PROCESS, THE PRESIDENT'S COMPENSATION REVIEW IS COMPLETED ANNUALLY BY THE RLF GOVERNANCE COMMITTEE AND IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM SAF'S WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: SHARED ASCENT FUND AND RESOURCES LEGACY FUND (RLF), AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH SHARED ASCENT FUND REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF SHARED ASCENT FUND. AS A PART OF THAT, SHARED ASCENT FUND REIMBURSED RLF FOR PERSONNEL COSTS FOR MATTHEW ARMSBY, AVI GARBOW, ROSINA BUGARIN, AND HELENA CHOI, AS WELL AS OTHER SHARED STAFF. SAF PAYS SOME PAYROLL TAXES DIRECTLY; RESOURCE LEGACY FUND SATISFIES THE REMAINING EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF SAF. RLF'S COMPENSATION OF $1,680 TO MATTHEW ARMSBY, $19,632 TO AVI GARBOW, $21,926 TO ROSINA BUGARIN, AND $6,318 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY SHARED ASCENT FUND TO RLF AND HAS BEEN REPORTED ON PART VII OF THE RETURN FOR THOSE INDIVIDUALS. FUND FOR A BETTER FUTURE 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 812319758 PROMOTE THE COMMON GOOD - DEMOCRATIC VALUES, HEALTH, SOC. EQUITY, & ENVIRON. DE 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0