2025-11-14T17:13:01-06:00 2024-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-01-01 521326863 MARYLAND PHILANTHROPY NETWORK MARY 4107271205 1600 W 41 STREET SUITE 700 BALTIMORE MD 21211 DANISTA HUNTE PRESIDENT AND CEO 4107271205 2025-11-13 1 0 MONIQUE BOOKER P00644231 4105840060 2024 2025-03-06 01:10:19Z DANISTA HUNTE 1600 W 41 STREET SUITE 700 BALTIMORE MD 21211 8637289 0 X HTTPS://WWW.MARYLANDPHILANTHROPY.ORG/ X 1983 MD MARYLAND PHILANTROPY NETWORK (MPN) MAXIMIZES THE IMPACT OF PHILANTHROPIC GIVING THROUGH A NETWORK OF GRANTMAKERS. MPN MAXIMIZES THE IMPACT OF PHILANTHROPIC GIVING ON COMMUNITY LIFE THROUGH A GROWING NETWORK OF DIVERSE, INFORMED AND EFFECTIVE GRANTMAKERS. 12 12 51 12 0 0 6319012 7955441 523912 366651 74839 133120 154653 182077 7072416 8637289 1083095 734770 0 0 2483428 2918908 0 0 92070 2644713 2807139 6211236 6460817 861180 2176472 6735334 9903414 651488 1065637 6083846 8837777 MARYLAND PHILANTROPY NETWORK (MPN) MAXIMIZES THE IMPACT OF PHILANTHROPIC GIVING ON COMMUNITY LIFE THROUGH A GROWING NETWORK OF DIVERSE, INFORMED AND EFFECTIVE GRANTMAKERS. 0 0 5682897 734770 366651 MARYLAND PHILANTROPY NETWORK (MPN) IS A STATEWIDE MEMBERSHIP ORGANIZATION OF MORE THAN 130 PRIVATE AND COMMUNITY FOUNDATIONS, INTERMEDIARIES, CORPORATIONS, DONOR ADVISED FUNDS AND PUBLIC CHARITIES; MEMBERS STEWARD MORE THAN $9 BILLION IN FOUNDATION ASSETS. MPN PROVIDES CRITICAL INFORMATION AND SERVICES TO THE PHILANTHROPIC AND NONPROFIT COMMUNITIES THROUGH PROGRAMS AND WORKSHOPS TO EDUCATE, INSPIRE ACTION AND INFORM INVESTMENT. THE ORGANIZATION CONVENES MEMBERS TO ADDRESS ISSUES AND PROMOTE ALIGNMENT AND ACTION IN SECTORS SUCH AS HEALTH, EDUCATION, ARTS AND THE ENVIRONMENT. MPN ALSO REPRESENTS THE PHILANTHROPIC SECTOR TO KEY AUDIENCES, INCLUDING THE MEDIA, POLICYMAKERS AND THE GENERAL PUBLIC. 5682897 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 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 1 145 0 1 51 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X DANISTA HUNTE 4107271205 1600 W 41 STREET SUITE 700 BALTIMORE MD 21211 KEVIN MCHUGH CHAIR 4.00 X X 0 0 0 TALIB HORNE VICE CHAIR 3.00 X X 0 0 0 FRANKLIN MCNEIL TREASURER 1.00 X X 0 0 0 TANYA JONES TERRELL SECRETARY 1.00 X X 0 0 0 RAJ BORSELLINO DIRECTOR 1.00 X 0 0 0 DAVID DANIELS DIRECTOR 1.00 X 0 0 0 ELIZABETH DAY DIRECTOR 1.00 X 0 0 0 LAURA HALL DIRECTOR 1.00 X 0 0 0 BROOKE HISLE DIRECTOR 1.00 X 0 0 0 KRISTEN KINKOPF DIRECTOR 1.00 X 0 0 0 ERIN O'KEEFE DIRECTOR 1.00 X 0 0 0 DESTINY-SIMONE RAMJOHN DIRECTOR 1.00 X 0 0 0 DANISTA E HUNTE PRESIDENT & CEO 50.00 X 180001 0 0 LINDA DWORAK DIRECTOR, BALTIMORE WORKFORCE FUNDERS COLLABORATIV 40.00 X 131313 0 0 ERIC JACKSON JR SERVANT DIRECTOR, BLACK YIELD INSTITUTE 40.00 X 110000 0 0 ELISABETH HYLECK VICE PRESIDENT OF PROGRAMS AND ENGAGEMENT 40.00 X 100543 0 0 521857 0 0 4 0 1 0 0 439731 7515710 7955441 CONSULTING SERVICES 900099 249760 249760 COWORKING FEES 900099 59067 59067 SPONSORSHIPS 900099 40000 40000 PLAN EXTRAS 900099 17824 17824 366651 133120 133120 176727 0 176727 176727 176727 MEMBER LEADERSHIP GIVI 900099 5350 5350 5350 8637289 505121 0 176727 X 734770 734770 521857 341856 180001 1991701 1773238 153463 65000 35167 23713 9529 1925 175147 149826 17963 7358 195036 165109 24853 5074 4259 3813 446 115450 115450 2549 2549 1576835 1564323 12512 44811 44811 146790 127105 18086 1599 109473 61176 48297 395268 367333 16821 11114 68783 68783 179440 176921 2519 85724 22852 62872 15887 9721 6166 61870 47547 14323 6460817 5682897 685850 92070 3614575 4334785 38017 38023 431232 2681061 25723 44094 932370 337587 549535 594783 1630504 1593650 445748 617018 6735334 9903414 250839 238506 7590 181735 393059 645396 651488 1065637 X -760590 1929845 6844436 6907932 6083846 8837777 6735334 9903414 2176472 36087 541371 0 X X 0 0 0 X 5190359 5306219 3974470 6319012 7955441 28745501 5190359 5306219 3974470 6319012 7955441 28745501 1404905 27340596 27596 145839 167124 229492 309847 879898 7000 3370 5350 15720 29641119 1520598 0.92240 0.93900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1296972 235936 1532908 1401974 105002 1296972 1443384 -41410 1401974 1376020 67364 1443384 1323964 52056 1376020 1.00000 0 0 858949 314794 544155 73421 22793 50628 594783 RIGHT OF USE ASSET 617018 617018 LEASE LIABILITY 645396 645396 X 8673376 36087 36087 8637289 0 8637289 6460816 0 6460816 0 6460816 PART V, LINE 4: THE QUASI-ENDOWMENT AND NELSON FUNDS ARE INVESTMENTS ESTABLISHED BY THE BOARD OF DIRECTORS TO ENSURE THE FUTURE STABILITY AND CAPACITY OF MPN TO PROVIDE SERVICES TO ITS MEMBERS AND THE NONPROFIT COMMUNITY. THE BOARD RESERVES THE RIGHT TO AMEND THE POLICY RELATED TO THE RESTRICTIONS OF THE FUNDS ACCORDING TO THE NEEDS OF MPN. PART X, LINE 2: MPN IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, OTHER THAN NET UNRELATED BUSINESS INCOME TAX, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. MPN ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN ITS FINANCIAL STATEMENTS USING A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MPN PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2024, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2021 THROUGH 2024, REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH MPN FILES TAX RETURNS. IT IS MPN'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. 1 HEALING CITIES INC 900 E FAYETTE ST RM 118 BALTIMORE MD 21233 934283154 120000 0 TO TRANSFER FISCAL PROJECT ASSETS TO NEWLY FORMED 501(C)(3) SPOTLIGHT PR LLC 4041 NORTH HIGH STREET SUITE 204 COLUMBUS OH 43214 813449719 50000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. RESILNC 241 EAST MARKET STREET GREENSBORO NC 27401 851335751 50000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. JUST FUTURES PBC 221 WEST 9TH STREET PMB 255 WILMINGTON DE 19801 883283001 50000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. HIGHER PURPOSE CO 130 DESOTO AVE SUITE 10 CLARKSDALE MS 38614 821629178 50000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. IGNITE CAPITAL INC 1400 GREENMOUNT AVENUE SUITE B01 BALTIMORE MD 21202 844893203 50000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. REVOLVE FUND INC 5506 GREENLEAF RD BALTIMORE MD 21210 931688943 49000 0 TO SUPPORT GENERAL OPERATIONS CIVIC WORKS 2701 SAINT LO DRIVE BALTIMORE MD 21213 521925614 40000 0 TO SUPPORT THE IMPLEMENTATION OF THE CENTERING WORKERS ON JOB DESIGN PROJECT YOUTH EMPOWERED SOCIETY 1111 PARK AVE BALTIMORE MD 21201 850897913 21002 0 TO TRANSFER FISCAL PROJECT ASSETS THE EQUITY BRAIN TRUST 606 RESERVOIR STREET BALTIMORE MD 21217 853092815 15000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. METROPOLITAN ORGANIZING STRATETGY ENABLING STENGTH (MOSES) 220 BAGLEY STE 420 DETROIT MI 48226 383357583 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. STATION NORTH ARTS CAFE' 3618 GREENMOUNT AVENUE BALTIMORE MD 21218 202624206 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. BLACK BELT COMMUNITY FOUNDATION 410 CHURCH STREET SELMA AL 36701 631270745 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. GREATER NEW ORLEANS FOUNDATION 919 SAINT CHARLES AVENUE NEW ORLEANS LA 70130 720408921 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. MEASURED CAPITAL LLC 213 BROADWAY STREET CARVER MN 55315 920500617 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. CC DESIGN STUDIUM LLC 5606 HILLTOP AVENUE BALTIMORE MD 21206 834003328 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. ACR CAPITAL 21104 HALBURTON RD BEACHWOOD OH 44122 464402580 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. THE FAMILY TREE 2108 NORTH CHARLES STREET BALTIMORE MD 21218 521110645 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. POPPA'S CUSTARD COMPANY 132 ASHLEY WAY PLYMOUTH MEETING PA 19462 852469693 10000 0 TO SUPPORT EFFORTS TO PROVIDE AFFORDABLE ACCESS TO CAPITAL TO SMALL BUSINESSES OWNED BY LOW-INCOME, MINORITY AND/OR OTHER DISADVANTAGED ENTREPRENEURS OR TAX-EXEMPT ORGANIZATIONS WHO HISTORICALLY HAVE DIFFICULTY SECURING CAPITAL FROM TRADITIONAL SOURCES. 11 PART I, LINE 2: THERE IS A PERSON ASSIGNED TO EACH PROGRAM WHO IS RESPONSIBLE FOR MONITORING THE SUBRECIPIENTS, WHICH INCLUDES SITE VISITS AND FINANCIAL REPORTS. 0 0 0 0 0 0 0 0 0 DANISTA E HUNTE PRESIDENT & CEO 180001 0 0 0 0 0 0 0 0 0 180001 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE MADE AVAILABLE FOR ALL BOARD MEMBERS PRIOR TO SUBMITTING THE FORM 990 TO THE IRS. THE BOARD OF DIRECTORS DELEGATES RESPONSIBILITY FOR REVIEW OF MPN'S IRS FORM 990 TO THE MANAGEMENT AND FINANCE COMMITTEE, WHICH CONDUCTS ITS REVIEW IN A TIMELY MANNER PRIOR TO SUBMITTING THE FORM TO THE IRS. THE PRESIDENT SIGNS THE COMPLETED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE PRESIDENT OR COMMITTEE STAFF MEMBER WILL USE THE FOLLOWING PROCEDURES: 1. MEET WITH THE BOARD, COMMITTEE, OR STAFF TO EXPLAIN AND DISCUSS MPN'S CONFLICT OF INTEREST POLICY AND ITS IMPORTANCE. A COPY OF MPN'S MAJOR VENDORS IS PROVIDED WITH THE CONFLICT OF INTEREST DISCLOSURE FORM AS A WAY TO IDENTIFY WITH WHOM MPN DOES BUSINESS. 2. UPON REVIEW OF THE VENDOR LIST AND ANY OTHER POTENTIAL CONFLICTS IDENTIFIED BY THE DIRECTOR OF VOLUNTEER, THE FORM IS COMPLETED AND RETURNED TO MPN'S PRESIDENT BY THE END OF JUNE OR THE FIRST COMMITTEE MEETING. 3. THE OFFICE MANAGER WILL MAINTAIN A MASTER FILE OF ALL FORMS. 4. STAFF WILL REVIEW ALL OF THE DISCLOSURE STATEMENTS AND COMPILE A CONFLICT OF INTEREST SUMMARY FOR THE BOARD AND EVERY COMMITTEE. A CONFIDENTIAL COPY SHOULD BE GIVEN TO EACH COMMITTEE CHAIR. ANY POTENTIAL CONFLICTS WILL BE HANDLED AS PRESCRIBED IN THE CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 MPN'S SALARY ADMINISTRATION PROGRAM CONTAINS INFORMATION TO DETERMINE DUTIES, SKILLS, AND RESPONSIBILITIES WHICH ARE RECORDED ON JOB DESCRIPTIONS; EVALUATION TO DETERMINE RELATIVE POSITION WORTH; RANGES TO TRANSLATE RELATIVE WORTH INTO SALARY VALUES; AND PROCEDURES TO ASSIST IN OBJECTIVE EVALUATION OF PERFORMANCE. THE RECOMMENDATION ALSO CONSIDERS GENERAL INDUSTRY TRENDS, SYSTEMIC COMPARISONS OF SALARY LEVELS IN THE APPROPRIATE GEOGRAPHIC AREA, THE FINANCIAL CONSTRAINTS OF MPN AND COST OF LIVING PERCENTAGES. MPN USES THE SERVICES OF AN OUTSIDE CONSULTANT TO REVIEW SALARY, BENEFITS, AND GRADES FOR ALL STAFF. SALARY INCREASES FOR THE PRESIDENT REQUIRE BOARD APPROVAL. THE PRESIDENT'S PERFORMANCE IS EVALUATED YEARLY AND REVIEWED IN EXECUTIVE SESSION AT THE DECEMBER MEETING OF THE BOARD OF DIRECTORS. RESULTS OF THIS REVIEW ARE NOTED IN THE MINUTES OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT AND STIPENDS: PROGRAM SERVICE EXPENSES 1,564,323. MANAGEMENT AND GENERAL EXPENSES 12,512. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,576,835. FORM 990, PART XI, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS AUDIT OVERSIGHT PROCESS OR SELECTION OF AN INDEPENDENT ACCOUNTANT PROCESS DURING THE TAX YEAR.