Neighborhood Funders Group is located in Berkeley, CA. The organization was established in 1993. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Neighborhood Funders Group employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Funders Group 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 12/2022, Neighborhood Funders Group generated $13.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $9.7m during the year ending 12/2022. While expenses have increased by 27.6% 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 2018, Neighborhood Funders Group has awarded 15 individual grants totaling $9,119,237. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NFG ORGANIZES PHILANTHROPY TO SUPPORT GRASSROOTS POWER BUILDING SO THAT COMMUNITIES OF COLOR AND LOW-INCOME COMMUNITIES THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMPLIFY FUND, A POOLED FUND HOUSED AT NFG, CONTINUED TO DEVELOP ITS FUNDER LEARNING COMMITTEE OF 20 PARTNERS. AMPLIFY'S GRANTEE PARTNERS ALSO HAD MANY OPPORTUNITIES FOR CONNECTION, INCLUDING PARTICIPATION IN REGULAR AMPLIFICATION CALLS. THESE CALLS ARE AN OPTIONAL, GRANTEE-ONLY SPACE TO CONNECT INFORMALLY AND SHARE LEARNINGS AND CHALLENGES. GRANTEES REGULARLY ATTEND THESE SESSIONS IN RELATIVELY LARGE NUMBERS AND HAVE DEVELOPED RELATIONSHIPS ACROSS THE FUND'S EIGHT PLACES (NORTH CAROLINA, MISSOURI, NEVADA, PENNSYLVANIA, PUERTO RICO, SOUTH CAROLINA,TENNESSEE, AND CALIFORNIA). IN 2022, AMPLIFY FUND REGRANTED APP. $3M TO GRASSROOTS RACIAL JUSTICE-FOCUSEDPOWER-BUILDING ORGANIZATIONS. AMPLIFY SUPPORTED 55 GRANTEES ACROSS OUR 8 SITES AND 90% OF THE FUNDED ORGANIZATIONS WERE BIPOC-LED. THE AMPLIFY FUND ENGAGED IN A PLANNING PROCESS TO SHAPE THE FUTURE PHASE OF AMPLIFY'S WORK BY BRINGING TOGETHER GRANTEES IN THE FUTURE OF AMPLIFY ORGANIZING COMMITTEE TO DEVELOP GUIDINGVALUES AFFIRMING AMPLIFY'S COMMITMENT TO RACIAL JUSTICE. IN APRIL 2022, THE BLUEPRINT WAS PRESENTED, INCLUDING A LONGER LIFESPAN FOR THE PROJECT - 10 YEARS FOR PHASE 2 - AND DEVELOPING A NEW GOVERNANCE STRUCTURE THAT INCLUDES GRANTEES ALONGSIDE FUNDERS AND INCORPORATING A LIBERATORY PHILANTHROPY LENS.
NFG'S PROGRAMS CONTINUED TO BE A WELCOMING PLACE FOR BIPOC AND OTHER JUSTICE-MINDED FUNDERS TO PRACTICE SHARED LEADERSHIP IN PHILANTHROPY WITH MOVEMENT LEADERS AND ORGANIZE THEIR PEERS TO SUPPORT BIPOC COMMUNITY POWER-BUILDING. NFG'S PROGRAMS ARE LED BY COMMITTEES, WITH A TOTAL OF 37 FUNDERS INVOLVED IN FUNDER MANAGING THROUGH THESE NETWORKS.OUR FUNDERS FOR A JUST ECONOMY (FJE) PROGRAM DEEPENED WORK ON POWER BUILDING AND ORGANIZING EFFORTS TOWARDS SYSTEMS CHANGE. IN 2022, OVER FJE ENGAGED OVER 250 FUNDERS, HOSTED OVER 10 VIRTUAL PROGRAMS AND EVENTS COVERING VARIOUS TOPICS RELATING TO BUILDING A JUST ECONOMY, AND CONTINUED TO BUILD A COMMUNITY OF FUNDERS, ALIGN GRANTMAKING STRATEGIES, AND WIDEN OUR AUDIENCE OF FUNDERS. IN SUPPORT OF THIS WORK, FJE ORGANIZED A SERIES OF BRIEFINGS AND STRATEGY MEETINGS, INCLUDING A BRIEFING TO SHARE UPCOMING FEDERAL GRANT OPPORTUNITIES FOR COMMUNITYGROUPS AND A NETWORK STRATEGY RETREAT FOR FUNDERS TO SHARE LEARNINGS AND DISCUSSED HOW TO EXPERIMENT WITH WAYS TO ORGANIZE FUNDERS, TO BECOME MORE ACCOUNTABLE TO MOVEMENT PARTNERS, AND TO MOVE MORE RESOURCES TO BUILD POWER.
OUR INTEGRATED RURAL STRATEGIES GROUP (IRSG) ADVANCED ITS WORK TO INCREASE INVESTMENT IN THE POWER-BUILDING INFRASTRUCTURE OF RURAL COMMUNITIES THAT ORGANIZE ON VARIOUS ISSUES THROUGH A COMMUNITY-CENTERED APPROACH. A SIGNIFICANT HIGHLIGHT FOR THE GROUP WAS ESTABLISHING THE CAMPAIGN TO SUPPORT BIPOC FARMERS, A POOLED FUND TO HELP BLACK FARMERS IN ILLINOIS RECLAIM THEIR LAND. THIS CAMPAIGN WAS A JOINT PROJECT WITH NFG'S MIDWEST ORGANIZING INFRASTRUCTURE FUNDERS IN PARTNERSHIP WITH WIEBOLDT FOUNDATION. NFG'S INTEGRATED RURAL STRATEGIES GROUP AND MIDWEST ORGANIZING INFRASTRUCTURE FUNDERS GROUP COLLABORATED TO ESTABLISH THE CAMPAIGN TO SUPPORT BLACK FARMERS, A POOLED FUND TO HELP BLACK FARMERS IN ILLINOIS RECLAIM THEIR LAND, IN AN EFFORT TO PRESERVE AND PROTECT THEIR LAND OWNERSHIP AND ECONOMIC OPPORTUNITY THAT ARE THREATENED BY DECADES OF SYSTEMIC RACISM IN FOOD SYSTEMS, PUBLIC SYSTEMS, AND LAND OWNERSHIP LAWS. IRSG ALSO DEEPENED ITS COMMITMENT TO ENGAGE LOCAL ORGANIZERS IN ITS COMMITTEE OF MOVEMENT ADVISORS, A COHORT OF SEVEN RURAL LEADERS WHO HAVE HELPED TO DEEPEN IRSG'S WORK TO INCREASE PHILANTHROPY'S ACCOUNTABILITY TO RURAL BIPOC MOVEMENT LEADERS.
PHILANTHROPY FORWARD, WHICH COMPLETED A COHORT CYCLE IN 2022, CONTINUED TO INSPIRE CEOS TO FULLY DEPLOY THEIR POSITIONAL POWER MORE AND INCREASE FUNDING FOR BIPOC COMMUNITIES CONFRONTING THE ROOT CAUSES OF INJUSTICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tania Duran Co-Chair | OfficerTrustee | 4 | $0 |
Kaberi Banerjee Murthy Co-Chair | OfficerTrustee | 4 | $0 |
Aaron Tanaka Treasurer | OfficerTrustee | 2 | $0 |
Judith Bell Secretary | OfficerTrustee | 2 | $0 |
Cory Anderson Board Member | Trustee | 2 | $0 |
Aditi Vaidya Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Social Strategy Associates Llc Project Consulting | 12/30/22 | $324,286 |
Cheryl M Coney Project Consulting | 12/30/22 | $180,000 |
Kivvit Project Consulting | 12/30/22 | $130,000 |
Smz Consulting Llc Program Consulting | 12/30/22 | $129,350 |
Cca Llp Accounting Services | 12/30/22 | $100,506 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $585,946 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $12,367,092 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,953,038 |
Total Program Service Revenue | $201,500 |
Investment income | $9,101 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,163,639 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,659,000 |
Grants and other assistance to domestic individuals. | $20,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $375,289 |
Compensation of current officers, directors, key employees. | $73,058 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,854,600 |
Pension plan accruals and contributions | $129,290 |
Other employee benefits | $267,587 |
Payroll taxes | $165,548 |
Fees for services: Management | $0 |
Fees for services: Legal | $60,215 |
Fees for services: Accounting | $133,366 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,439,516 |
Advertising and promotion | $998 |
Office expenses | $11,306 |
Information technology | $101,789 |
Royalties | $0 |
Occupancy | $72,551 |
Travel | $53,343 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $218,665 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,425 |
Insurance | $7,157 |
All other expenses | $25,257 |
Total functional expenses | $9,721,566 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,122,953 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,156,828 |
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 | $31,177 |
Net Land, buildings, and equipment | $24,164 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,699 |
Total assets | $27,360,821 |
Accounts payable and accrued expenses | $478,617 |
Grants payable | $0 |
Deferred revenue | $27,521 |
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 | $15,997 |
Total liabilities | $522,135 |
Net assets without donor restrictions | $6,855,506 |
Net assets with donor restrictions | $19,983,180 |
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 | $27,360,821 |
Over the last fiscal year, Neighborhood Funders Group has awarded $3,659,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: To support Rural Strategies' Grantmaking | $50,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: To support Amplify Fund's Grantmaking | $2,000,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: To support LIFT Fund's National grantmaking | $375,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: To support Rural Strategies' Grantmaking | $70,500 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: To support Amplify Fund's Grantmaking | $800,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: To support LIFT Fund's National grantmaking | $363,500 |