National Book Foundation Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2022, National Book Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Book Foundation 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 04/2022, National Book Foundation Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $3.7m during the year ending 04/2022. While expenses have increased by 13.2% per year over the past 7 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, National Book Foundation Inc has awarded 238 individual grants totaling $3,910,910. 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
THE MISSION OF THE NATIONAL BOOK FOUNDATION IS TO CELEBRATE THE BEST LITERATURE IN AMERICA, EXPAND ITS AUDIENCE, AND ENSURE THAT BOOKS HAVE A PROMINENT PLACE IN AMERICAN CULTURE. NBF CARRIES OUT ITS MISSION THROUGH AWARDS & HONORS (MOST NOTABLY THE NATIONAL BOOK AWARDS FOUNDED IN 1950), PUBLIC PROGRAMS (BRINGING NBA-RECOGNIZED AUTHORS TO COMMUNITIES ACROSS THE US), EDUCATION & ACCESS (INSPIRING A LOVE OF READING IN YOUNG PEOPLE), AND SUPPORT FOR THE LITERARY FIELD (INCLUDING THE LITERARY ARTS EMERGENCY FUND).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE NATIONAL BOOK FOUNDATION IS TO CELEBRATE THE BEST LITERATURE IN AMERICA, EXPAND ITS AUDIENCE, AND ENSURE THAT BOOKS HAVE A PROMINENT PLACE IN AMERICAN CULTURE. NBF CARRIES OUT ITS MISSION THROUGH AWARDS & HONORS (MOST NOTABLY THE NATIONAL BOOK AWARDS FOUNDED IN 1950), PUBLIC PROGRAMS (BRINGING NBA-HONORED AUTHORS TO COMMUNITIES ACROSS THE US), EDUCATION & ACCESS (INSPIRING A LOVE OF READING IN YOUNG PEOPLE), AND SUPPORT FOR THE LITERARY FIELD (INCLUDING THE LITERARY ARTS EMERGENCY FUND). MORE DETAILED INFORMATION IS IN THE DESCRIPTION OF PROGRAM SERVICES ON SCHEDULE OAWARDS AND HONORSTHE NATIONAL BOOK AWARDS (NBAS) ARE ONE OF THE NATION'S MOST PRESTIGIOUS LITERARY PRIZES, WITH A STELLAR RECORD OF IDENTIFYING AND REWARDING QUALITY WRITING. WITHIN A DECADE OF ITS FOUNDING IN 1950, THE NBAS ACKNOWLEDGED THE WORK OF WRITERS SUCH AS HANNAH ARENDT, W.H. AUDEN, SAUL BELLOW, TRUMAN CAPOTE, RACHEL CARSON, RALPH ELLISON, WILLIAM FAULKNER, MARIANNE MOORE, VLADIMIR NABOKOV, FLANNERY O'CONNOR, KATHERINE ANNE PORTER, ADRIENNE RICH, EUDORA WELTY, AND WILLIAM CARLOS WILLIAMS-AUTHORS WHO HAVE HELPED SHAPE THE FOUNDATION OF LITERATURE IN THE UNITED STATES. THIS TRADITION CONTINUES, WITH THE NBAS TODAY HONORING A DIVERSE COMMUNITY OF WRITERS INCLUDING ELIZABETH ACEVEDO, ROBERT A. CARO, MASHA GESSEN, TERRANCE HAYES, IBRAM X. KENDI, LSZL KRASZNAHORKAI, JACQUELINE WOODSON, JESMYN WARD, AND COLSON WHITEHEAD, AMONG MANY OTHERS. AWARDS ARE SELECTED BY A PANEL OF PEER WRITERS AND LITERARY LEADERS, AND ARE CURRENTLY PRESENTED IN FIVE CATEGORIES: FICTION, NONFICTION, POETRY, TRANSLATED LITERATURE (INTRODUCED IN FISCAL YEAR 2019), AND YOUNG PEOPLE'S LITERATURE. IN FISCAL YEAR 2022 THE WINNERS WERE, RESPECTIVELY: HELL OF A BOOK BY JASON MOTT; ALL THAT SHE CARRIED BY TIYA MILES; FLOATERS BY MARTN ESPADA; WINTER IN SOKCHO BY ELISA SHUA DUSAPIN, TRANSLATED BY ANEESA ABBAS HIGGINS; AND LAST NIGHT AT THE TELEGRAPH CLUB BY MALINDA LO. THE NATIONAL BOOK FOUNDATION ALSO AWARDS AN ANNUAL MEDAL FOR DISTINGUISHED CONTRIBUTION TO AMERICAN LETTERS TO A PERSON OR ENTITY "WHO, IN THE OPINION OF THE BOARD OF DIRECTORS OF THE NATIONAL BOOK FOUNDATION, HAS ENRICHED OUR LITERARY HERITAGE OVER A LIFE OF SERVICE, OR CORPUS OF WORK." IN FISCAL YEAR 2022, THE MEDAL WAS PRESENTED TO AUTHOR KAREN TEI YAMASHITA. THE NATIONAL BOOK FOUNDATION ALSO PRESENTS AN ANNUAL LITERARIAN AWARD FOR OUTSTANDING SERVICE TO THE AMERICAN LITERARY COMMUNITY, WHICH IN FISCAL YEAR 2022 WAS AWARDED TO LIBRARIAN NANCY PEARL. FINALLY, THE 5 UNDER 35 PROGRAM IDENTIFIES AND CELEBRATES FIVE EMERGING FICTION WRITERS ANNUALLY, SELECTED BY FORMER NATIONAL BOOK AWARD FINALISTS AND WINNERS. IN FISCAL YEAR 2022, THE HONOREES WERE CALEB AZUMAH NELSON, NATHAN HARRIS, LEE LAI, CLAIRE LUCHETTE, AND DANTIEL W. MONIZ.NBA-HONORED AUTHORS ARE THE CORNERSTONE OF THE NATIONAL BOOK FOUNDATION'S PROGRAMS, WHICH SERVE READERS OF ALL AGES ACROSS THE COUNTRY, FREE-OF-CHARGE, WITH A STRONG EMPHASIS ON URBAN AND RURAL COMMUNITIES WHERE THERE ARE BARRIERS TO ENGAGEMENT WITH THE LITERARY ARTS.PUBLIC PROGRAMSTHE NATIONAL BOOK FOUNDATION'S PUBLIC PROGRAMS FALL UNDER THE MONIKER OF NBF PRESENTS, A SERIES OF PUBLIC READINGS AND BOOK-BASED DISCUSSIONS WITH NBA-HONORED AUTHORS AT COLLEGES, UNIVERSITIES, LIBRARIES, PERFORMANCE VENUES, AND BOOK FESTIVALS ACROSS THE COUNTRY, AND INCLUDES TOPICAL PROGRAMS LIKE LITERATURE FOR JUSTICE, A NATIONAL PROJECT THAT DISTRIBUTES NBA-HONORED TITLES TO PRISONS AND DETENTION CENTERS AROUND THE COUNTRY IN PARTNERSHIP WITH LITERATURE FOR JUSTICE COMMITTEE MEMBER REGINALD DWAYNE BETTS ORGANIZATION FREEDOM READS. IN FISCAL YEAR 2022, NBF PRESENTS INCLUDED BOTH VIRTUAL AND IN-PERSON PROGRAMMING, AND CURATED 23 EVENTS FEATURING 44 NATIONAL BOOK AWARD-HONORED AUTHORS, AND ENGAGING OVER 5,000 AUDIENCE MEMBERS. NBF ALSO INTRODUCED A NEW SCIENCE + LITERATURE PROGRAM, WHICH IDENTIFIES THREE BOOKS ANNUALLY TO DEEPEN READERS' UNDERSTANDING OF SCIENCE AND TECHNOLOGY WITH A FOCUS ON WORK THAT HIGHLIGHTS THE DIVERSITY OF VOICES IN SCIENTIFIC WRITING. THE INAUGURAL SCIENCE + LITERATURE SELECTIONS IN FISCAL YEAR 2022 WERE THE KISSING BUG: A TRUE STORY OF A FAMILY, AN INSECT, AND A NATION'S NEGLECT OF A DEADLY DISEASE BY DAISY HERNNDEZ, THE RADIANT LIVES OF ANIMALS BY LINDA HOGAN, AND IN THE FIELD BY RACHEL PASTAN. EDUCATION AND ACCESSTHE NATIONAL BOOK FOUNDATION IS COMMITTED TO INSPIRING A LOVE OF READING AMONG YOUNG PEOPLE THROUGH EDUCATIONAL PROGRAMS SUCH AS BOOKUP, A WRITER-LED, AFTER-SCHOOL PROGRAM FOR MIDDLE-SCHOOL STUDENTS IN FOUR US CITIES; BOOK RICH ENVIRONMENTS, WHICH IN FISCAL YEAR 2022 DISTRIBUTED CLOSE TO 200,000 FREE BOOKS TO CHILDREN AND FAMILIES LIVING IN PUBLIC HOUSING AUTHORITIES IN 50 COMMUNITIES ACROSS 30 STATES AND WASHINGTON, DC; AND TEEN PRESS CONFERENCE, AN OPPORTUNITY FOR STUDENTS IN NEW YORK CITY AND MIAMI TO HEAR FROM AND ASK QUESTIONS OF THE 2021 NATIONAL BOOK AWARD FINALISTS IN YOUNG PEOPLE'S LITERATURE. LITERARY ARTS EMERGENCY FUNDWORKING WITH TWO OTHER LITERARY NONPROFIT ORGANIZATIONS, THE ACADEMY OF AMERICAN POETS AND THE COMMUNITY OF LITERARY MAGAZINES AND PRESSES, AND WITH A GRANT FROM THE MELLON FOUNDATION, NBF LAUNCHED THE LITERARY ARTS EMERGENCY FUND (LAEF) IN THE SUMMER OF 2020. IN FISCAL YEAR 2022, LAEF CONTINUED ITS SUPPORT OF THE LITERARY FIELD AT LARGE BY HELPING DISTRIBUTE A COMBINED TOTAL OF $4.3MILLION ($1.7 MILLION DIRECTLY THROUGH NBF) VIA A SECOND ROUND OF COVID-19 RELIEF GRANTS TO 313 NONPROFIT LITERARY ORGANIZATIONS NATIONWIDE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Dickey Excutive Director | Officer | 40 | $156,250 |
Jordan Smith Interim Exec. Director | Officer | 40 | $60,000 |
David Steinberger Board Chair | OfficerTrustee | 1 | $0 |
Elpidio Villarreal Board Treasurer | OfficerTrustee | 1 | $0 |
Calvin Sims Secretary | OfficerTrustee | 1 | $0 |
Fiona Mccrae Board Vice Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $452,450 |
Related organizations | $0 |
Government grants | $193,910 |
All other contributions, gifts, grants, and similar amounts not included above | $2,678,231 |
Noncash contributions included in lines 1a–1f | $23,530 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,324,591 |
Total Program Service Revenue | $518,852 |
Investment income | $26,684 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $663 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$34,415 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,836,375 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,700,000 |
Grants and other assistance to domestic individuals. | $126,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $257,391 |
Compensation of current officers, directors, key employees. | $25,301 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $594,349 |
Pension plan accruals and contributions | $14,748 |
Other employee benefits | $100,328 |
Payroll taxes | $61,581 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $51,370 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $40,120 |
Advertising and promotion | $2,806 |
Office expenses | $180,475 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $90,524 |
Travel | $36,563 |
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 | $12,637 |
Insurance | $4,460 |
All other expenses | $5,855 |
Total functional expenses | $3,671,609 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $558,312 |
Savings and temporary cash investments | $554,478 |
Pledges and grants receivable | $348,876 |
Accounts receivable, net | $10,303 |
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 | $59,815 |
Net Land, buildings, and equipment | $29,262 |
Investments—publicly traded securities | $3,108,581 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,989 |
Total assets | $4,696,616 |
Accounts payable and accrued expenses | $70,916 |
Grants payable | $45,000 |
Deferred revenue | $97,132 |
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 | $550 |
Total liabilities | $213,598 |
Net assets without donor restrictions | $3,473,494 |
Net assets with donor restrictions | $1,009,524 |
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 | $4,696,616 |
Over the last fiscal year, National Book Foundation Inc has awarded $1,550,000 in support to 90 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $50,000 |
Saint Paul, MN PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $50,000 |
VOICES OF OUR NATIONS ARTS FOUNDATION PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $50,000 |
New York, NY PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $50,000 |
Philadelphia, PA PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $40,000 |
Riverdale Park, MD PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $25,000 |
Over the last fiscal year, we have identified 17 grants that National Book Foundation Inc has recieved totaling $2,570,842.
Awarding Organization | Amount |
---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT THE LITERARY ARTS EMERGENCY FUND | $1,878,500 |
Alfred P Sloan Foundation New York, NY PURPOSE: TO HONOR EXCEPTIONAL BOOKS WITH SCIENTIFIC OR TECHNOLOGICAL THEMES OR CHARACTERS FROM DIVERSE AUTHORS AND TO SUPPORT PUBLIC PROGRAMMING WITH THE WINNING AUTHORS | $347,970 |
Alfred P Sloan Foundation New York, NY PURPOSE: TO HONOR EXCEPTIONAL BOOKS WITH SCIENTIFIC OR TECHNOLOGICAL THEMES OR CHARACTERS FROM DIVERSE AUTHORS AND TO SUPPORT PUBLIC PROGRAMMING WITH THE WINNING AUTHORS | $177,417 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $50,000 |
The Central National-Gottesman Foundation Purchase, NY PURPOSE: GENERAL PURPOSE | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $20,325 |
Beg. Balance | $3,167,263 |
Earnings | -$58,682 |
Ending Balance | $3,108,581 |
Organization Name | Assets | Revenue |
---|---|---|
Modern Language Association Of America New York, NY | $26,742,104 | $16,207,433 |
American Philosophical Society Philadelphia, PA | $294,142,753 | $31,170,811 |
Pen American Center Inc New York, NY | $36,781,487 | $29,059,092 |
Commercial Real Estate Finance Council Inc New York, NY | $15,641,619 | $8,091,268 |
Archaeological Institute Of America Boston, MA | $15,760,718 | $9,516,750 |
Academy Of American Poets Incorporated New York, NY | $16,980,319 | $4,039,105 |
Grub Street Inc Boston, MA | $11,789,751 | $6,194,111 |
Center For Inquiry Inc Amherst, NY | $8,104,198 | $5,991,557 |
National Book Foundation Inc New York, NY | $4,696,616 | $3,836,375 |
Hawthornden Literary Retreat Pittsburgh, PA | $228,597,299 | $115,561,060 |
Connecticut Humanities Council Middletown, CT | $1,530,926 | $3,295,528 |
New York Council For The Humanities New York, NY | $2,496,894 | $3,586,085 |