The Nasw Foundation Inc
- Assets
- $4.0m
- Revenue
- $1.6m
- Investments
- $2.6m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2002
- Data as of
- 06/2022
- EIN
- 13-6128093
Organization Overview
The Nasw Foundation Inc is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasw 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 06/2022, Nasw Foundation Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nasw Foundation Inc has awarded 45 individual grants totaling $3,839,340. 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
TO ENHANCE THE WELL-BEING OF INDIVIDUALS, FAMILIES, AND COMMUNITIES BY (SEE SCHEDULE O) STRENGTHENING THE SOCIAL WORK PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGING SOCIAL WORKERS IN BOOSTING COVID-19 VACCINE UPTAKE SUPPORTS WORK TO PROMOTE MEMBER AWARENESS OF THE REASONS FOR COVID VACCINE HESITANCY AND TRAIN SOCIAL WORKERS IN BEST PRACTICES TO ADDRESS HESITANCY. DEVELOP RESOURCES, OUTREACH MESSAGING, PRACTICE GUIDELINES AND OTHER MATERIALS THAT ARE RESPONSIVE TO MEMBER NEEDS, INTERESTS, AND ISSUES RELEVANT TO VACCINE HESITANCY.
THE NATIONAL SOCIAL WORK PUBLIC EDUCATION CAMPAIGN SUPPORTS EDUCATING KEY STAKEHOLDERS INCLUDING MEDIA, POLICYMAKERS, EMPLOYERS, SOCIAL WORKERS AND THE PUBLIC ABOUT THE IMPORTANCE OF THE SOCIAL WORK PROFESSION.
NEW YORK COMMUNITY TRUST- SOCIAL WORK HEALS PROJECT SUPPORTS HEALTHCARE SOCIAL WORK AND DEVELOPS LEADERS BY FUNDING BSW AND MSW SCHOLARSHIPS, PHD/DSW FELLOWSHIPS AND POLICY AND LEADERSHIP ACTIVITIES WITH NASW AS THE LEAD AND THE COUNCIL ON SOCIAL WORK EDUCATION AS A PARTNER.
VARIOUS ADDITIONAL PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Cole Vice Chair | OfficerTrustee | 1 | $0 |
Connie Commander Secretary/treasurer | OfficerTrustee | 1 | $0 |
Mildred C Joyner Nasw President | OfficerTrustee | 1 | $0 |
Elvira Craig DE Silva Chair | OfficerTrustee | 2 | $0 |
Anthony Mcclain Nasw Foundation President | Officer | 1.5 | $0 |
Miles Mutnick CFO Until 12/2021 | Officer | 3.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $70,000 |
| Government grants | $541,036 |
| All other contributions, gifts, grants, and similar amounts not included above | $756,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,367,400 |
| Total Program Service Revenue | $7,670 |
| Investment income | $56,281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $139,087 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,641,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $372,353 |
| Grants and other assistance to domestic individuals. | $78,150 |
| 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 | $418,958 |
| Pension plan accruals and contributions | $10,040 |
| Other employee benefits | $73,032 |
| Payroll taxes | $31,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $944 |
| Fees for services: Accounting | $17,879 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,756 |
| Fees for services: Other | $242,058 |
| Advertising and promotion | $13,877 |
| Office expenses | $5,463 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,000 |
| Travel | $2,127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,361 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,437,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $292,345 |
| Pledges and grants receivable | $526,846 |
| Accounts receivable, net | $103,400 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $529,011 |
| Investments—other securities | $2,583,247 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,034,849 |
| Accounts payable and accrued expenses | $391,048 |
| Grants payable | $0 |
| 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 | $241,125 |
| Total liabilities | $632,173 |
| Net assets without donor restrictions | -$100,593 |
| Net assets with donor restrictions | $3,503,269 |
| 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 | $4,034,849 |
Grants Awarded
Over the last fiscal year, The Nasw Foundation Inc has awarded $372,353 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GRANT TO NASW TO SUPPORT WORK STUDY PROGRAMS AND OTHER CHARITABLE INITIATIVES | $304,853 |
SAN FRANCISCO UNIFIED SCHOOL DISTRICT PURPOSE: SUPPORTS SOCIAL WORK IN SAN FRANCISCO PUBLIC SCHOOLS | $67,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Nasw Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Tamara L Harris Foundation Inc Miami Beach, FL PURPOSE: CHARITABLE CONTRIBUTION - TO ENHANCE THE WELL-BEING OF INDIVIDUALS, FAMILIES, AND COMMUNITIES BY STRENGTHENING THE SOCIAL WORK PROFESSION. | $20,000 |
Endowment Analysis
| Beg. Balance | $1,723,503 |
| Earnings | -$221,580 |
| Admin Expense | $17,050 |
| Grants | $77,202 |
| Ending Balance | $1,407,671 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Tech Applied Research Corporation Arlington, VA | $4,609,993 | $12,977,041 |
Biomedical Research Institute Rockville, MD | $13,124,832 | $4,727,292 |
Japan Electric Power Information Center Usa Washington, DC | $336,624 | $1,683,711 |
The Nasw Foundation Inc Washington, DC | $4,034,849 | $1,641,457 |
Family Online Safety Institute - Us Washington, DC | $1,091,464 | $1,647,196 |
Finreglab Inc Washington, DC | $442,962 | $1,161,009 |
Techfreedom Washington, DC | $682,336 | $1,262,524 |
The Gridwise Alliance Inc Washington, DC | $267,601 | $781,844 |
Dciia Retirement Research Center Washington, DC | $0 | $592,000 |
Interacademy Partnership Inc Washington, DC | $423,156 | $0 |
National Institute Of Innovation And Technology Inc Hanover, MD | $338,205 | $443,557 |
Institute For Critical Infrastructure Technology Washington, DC | $46,478 | $321,878 |