Peace Development Fund Inc
- Assets
- $2.7m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Amherst, MA
- Founding
- 05/1982
- Data as of
- 06/2023
- EIN
- 04-2738794
Organization Overview
Peace Development Fund Inc is located in Amherst, MA. The organization was established in 1982. According to its NTEE Classification (Q41) the organization is classified as: Arms Control & Peace, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, Peace Development Fund Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace Development Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Peace Development Fund Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $5.5m during the year ending 06/2023. While expenses have increased by 9.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peace Development Fund Inc has awarded 478 individual grants totaling $24,385,480. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF PEACE AND SOCIAL JUSTICE. PEACE DEVELOPMENT FUND IS A PUBLIC FOUNDATION THAT PARTNERS WITH COMMUNITY BASED ORGANIZATIONS AND SOCIAL JUSTICE MOVEMENTS TO PROVIDE GRANTS, TRAINING AND EDUCATIONAL RESOURCES, WORKING WITH DONORS AND GRANTEES TO BUILD A PEACEFUL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH PDFS COMMUNITY ORGANIZING GRANTS PROGRAMS, WE MAKE GRANTS TO US COMMUNITY-BASED ORGANIZATIONS WORKING ON ISSUES OF SOCIAL JUSTICE, INCLUDING ENVIRONMENTAL JUSTICE, ECONOMIC JUSTICE, PEACE, HUMAN HEALTH & WELFARE, OFTEN IN AREAS OF THE COUNTRY WHERE THERE ARE FEW GRANTMAKING RESOURCES SUCH AS IOWA, SOUTH DAKOTA, LOUISIANA OR THE SOUTHWEST. PDFS COMMUNITY ADVISED, DESIGNATED GRANTS AND DONOR ADVISED FUNDS BRING DONORS, GRASSROOTS ORGANIZERS AND FUNDERS TOGETHER FOR GRANTMAKING AND COMMUNITY BUILDING, STRENGTHENING RELATIONSHIPS ACROSS SECTORS OF THE SOCIAL JUSTICE MOVEMENTS. PDF FISCAL SPONSORSHIP EXTENDS OUR MISSION AND PROGRAM; WE SPONSOR ON AVERAGE 47 GROUPS EACH YEAR. WITH OFFICES IN CALIFORNIA AND MASSACHUSETTS, WE OFFER ALL OUR PROGRAMS TO GROUPS ACROSS THE US, AND FISCAL SPONSORSHIP TO THOSE BASED IN THE US SUPPORTING INTERNATIONAL PROGRAMS. 135 TOTAL GRANTS WERE MADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Haible Chief Executive Officer | Officer | 50 | $100,260 |
Yi Chun Tricia Lin Director | Trustee | 1 | $0 |
Daniel Schreck Director | Trustee | 1 | $0 |
Iva Kaufman Director | Trustee | 1 | $0 |
Fernando V Leiva Director | Trustee | 1 | $0 |
Earl Tulley Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,760,627 |
| Noncash contributions included in lines 1a–1f | $407,291 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,760,627 |
| Total Program Service Revenue | $334,784 |
| Investment income | $25,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,850 |
| Net Gain/Loss on Asset Sales | -$4,709 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,132,231 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,729,146 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $454,045 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,106 |
| Payroll taxes | $38,939 |
| Fees for services: Management | $55,171 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,350 |
| Fees for services: Other | $2,294 |
| Advertising and promotion | $1,239 |
| Office expenses | $16,543 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,524 |
| Travel | $15,922 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,754 |
| Insurance | $3,510 |
| All other expenses | $33,826 |
| Total functional expenses | $5,521,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,698,082 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,108 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,303 |
| Net Land, buildings, and equipment | $220,620 |
| Investments—publicly traded securities | $756,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,678,357 |
| Accounts payable and accrued expenses | $20,353 |
| Grants payable | $554,274 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $574,627 |
| Net assets without donor restrictions | $1,257,860 |
| Net assets with donor restrictions | $845,870 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,678,357 |
Grants Awarded
Over the last fiscal year, Peace Development Fund Inc has awarded $3,971,491 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN MONTANTA GAY AND LESBIAN PURPOSE: General Support | $5,500 |
HOPE COMMUNITY SERVICES INC PURPOSE: Full Children ProgHealth | $6,500 |
NORTH STAR FUND PURPOSE: Police Reform | $6,000 |
LAMBI FUND OF HAITI PURPOSE: General Support | $7,000 |
CHANGING WORLD PURPOSE: General Support | $7,500 |
MIGRANT IMMIGRANT & REFUGEE RIGHTS PURPOSE: General Support | $7,272 |