Council On Foundations Inc
- Assets
- $28.5m
- Revenue
- $12.0m
- Investments
- $12.0m
- Employees
- 45
- Location
- Washington, DC
- Founding
- 11/1957
- Data as of
- 12/2021
- EIN
- 13-6068327
Organization Overview
Council On Foundations Inc is located in Washington, DC. The organization was established in 1957. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Council On Foundations Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council On Foundations 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 12/2021, Council On Foundations Inc generated $12.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $9.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PHILANTHROPY TO BE A TRUSTED PARTNER IN ADVANCING THE GREATER GOOD.
Describe the Organization's Program Activity:
MEMBER SERVICES THE COUNCIL PROVIDES EDUCATIONAL PROGRAMS AND RESOURCES ABOUT THE ISSUES AND TOPICS MOST IMPACTING PHILANTHROPY, ENSURING THAT OUR MEMBERS HAVE THE TOOLS THEY NEED TO DEVELOP BETTER WAYS OF OPERATING. THE COUNCIL ALSO PROVIDES NETWORKING OPPORTUNITIES, FACILITATES PROFESSIONAL DEVELOPMENT, AND BUILDS BRIDGES BETWEEN FOUNDATIONS ACROSS THE COUNTRY AND AROUND THE WORLD. THROUGH THIS WORK, THE COUNCIL SEEKS OPPORTUNITIES TO PARTNER WITH PEER PHILANTHROPY SERVING ORGANIZATIONS AND AMPLIFY THEIR WORK.
PUBLIC POLICY THE COUNCIL IS A LEADING ADVOCACY ORGANIZATION FOR THE PHILANTHROPIC SECTOR AND BUILDS STRONG RELATIONSHIPS WITH POLICY MAKERS AND REGULATORS IN ORDER TO ADVOCATE FOR LAWS AND REGULATIONS THAT ADVANCE THE GREATER GOOD, ENABLE DIVERSE PHILANTHROPIC ENDEAVORS TO THRIVE, AND SPUR THE GROWTH OF CHARITABLE GIVING WITHOUT INCREASING WEALTH INEQUALITY. WITH RESPECT TO OUR ADVOCACY EFFORTS, ANY ACTIVITIES THAT MEET THE DEFINITION OF LOBBYING ARE REPORTED ON SUPPLEMENTAL SCHEDULE C.
STRATEGIC COMMUNICATIONS THE COUNCIL SHARES THE GOOD WORK OF PHILANTHROPY WITH OUR MEMBERS, SECTOR PARTNERS, MEDIA, AND GOVERNMENT THROUGH DIGITAL COMMUNICATIONS CHANNELS, PUBLICATIONS, AND KNOWLEDGE PRODUCTS. WE PROVIDE FOUNDATIONS WITH THE INFORMATION, RESOURCES, AND CONNECTIONS THEY NEED TO IMPROVE THEIR PRACTICE AND LEARN FROM THEIR PEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Enright President & CEO | Officer | 40 | $485,545 |
David Kass Vice President, Government Affairs | Officer | 40 | $211,290 |
Kristen Scott-Kennedy Chief Of Staff | Officer | 40 | $180,309 |
Stephanie Powers Sr. Advisor, Public Policy & Partnerships | Officer | 40 | $175,772 |
Natalie Ross Vice President, Resource Development & Strategic O | Officer | 40 | $174,276 |
Karon Harden Vice President, Programs & Peer Engagement | Officer | 40 | $164,652 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
P20 Global Holdings Inc Staffing Services | 12/30/21 | $295,398 |
Cliftonlarsonallen Llp Accounting Services | 12/30/21 | $180,353 |
Whitman Associates Inc Staffing Services | 12/30/21 | $160,168 |
Mia Chisholm Recruiting Services | 12/30/21 | $151,327 |
Hamilton Place Strategies Llc Public Affairs Consulting | 12/30/21 | $140,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $961,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,504,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,466,789 |
| Total Program Service Revenue | $7,467,870 |
| Investment income | $90,658 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $155 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,025,472 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,001 |
| 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. | $1,758,037 |
| Compensation of current officers, directors, key employees. | $745,663 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,059,755 |
| Pension plan accruals and contributions | $225,864 |
| Other employee benefits | $366,839 |
| Payroll taxes | $307,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $510 |
| Fees for services: Accounting | $211,144 |
| Fees for services: Lobbying | $230,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,219,290 |
| Advertising and promotion | $253,263 |
| Office expenses | $210,264 |
| Information technology | $546,380 |
| Royalties | $0 |
| Occupancy | $594,146 |
| Travel | $2,672 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $135,872 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $202,335 |
| Insurance | $50,770 |
| All other expenses | $0 |
| Total functional expenses | $9,578,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $9,653,112 |
| Pledges and grants receivable | $1,177,274 |
| Accounts receivable, net | $51,351 |
| 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 | $116,094 |
| Net Land, buildings, and equipment | $900,840 |
| Investments—publicly traded securities | $3,737,191 |
| Investments—other securities | $12,026,598 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $813,021 |
| Total assets | $28,475,981 |
| Accounts payable and accrued expenses | $458,949 |
| Grants payable | $0 |
| Deferred revenue | $269,239 |
| 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 | $2,264,460 |
| Total liabilities | $2,992,648 |
| Net assets without donor restrictions | $10,782,158 |
| Net assets with donor restrictions | $14,701,175 |
| 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 | $28,475,981 |
Grants Awarded
Over the last fiscal year, Council On Foundations Inc has awarded $75,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
Washington, KS PURPOSE: GENERAL SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 100 grants that Council On Foundations Inc has recieved totaling $5,200,977.
| Awarding Organization | Amount |
|---|---|
Charles Stewart Mott Foundation Flint, MI PURPOSE: TO SUPPORT A NATIONAL MEMBERSHIP ORGANIZATION DEDICATED TO PROMOTING AND ENHANCING RESPONSIBLE AND EFFECTIVE PHILANTHROPY. | $500,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: PUBLIC AWARENESS AND ANALYSIS | $500,000 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: TO BOLSTER THE STRENGTHENING OF THE U.S. COMMUNITY FOUNDATION FIELD BY THE COUNTRY'S LEADING PHILANTHROPIC MEMBERSHIP ASSOCIATION. | $400,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $400,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR GENERAL OPERATING SUPPORT. | $250,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $250,000 |
Endowment Analysis
| Beg. Balance | $285,767 |
| Earnings | $28,202 |
| Other Expense | $313,969 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Players Philanthropy Fund Towson, MD | $12,344,741 | $23,235,628 |
Better Medicare Alliance Inc Washington, DC | $3,588,076 | $11,134,798 |
The Philanthropy Roundtable Inc Washington, DC | $16,718,572 | $10,468,910 |
Council On Foundations Inc Washington, DC | $28,475,981 | $12,025,472 |
Independent Sector Washington, DC | $46,005,638 | $15,271,435 |
Capital Research Center Washington, DC | $10,585,659 | $6,083,008 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
National Center For Family Philanthropy Inc Washington, DC | $7,834,627 | $8,108,744 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
National Council Of Nonprofits Washington, DC | $6,534,362 | $5,933,056 |
Friends Of Ufm Inc Mclean, VA | $131,424 | $1,208,671 |