Stand Together Foundation
- Assets
- $356.0m
- Revenue
- $140.1m
- Investments
- $332.0m
- Employees
- 85
- Location
- Arlington, VA
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-3197768
Organization Overview
Stand Together Foundation is located in Arlington, VA. The organization was established in 2010. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Stand Together Foundation employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stand Together Foundation 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, Stand Together Foundation generated $140.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.3% each year . All expenses for the organization totaled $35.4m during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 4 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 2019, Stand Together Foundation has awarded 468 individual grants totaling $129,861,593. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO UNLEASH THE POWER OF COMMUNITY TO SOLVE OUR COUNTRY'S TOUGHEST PROBLEMS AND HELP PEOPLE IMPROVE THEIR OWN LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING AND ORGANIZATIONAL DEVELOPMENT SUPPORT - STAND TOGETHER FOUNDATION IS A VENTURE PHILANTHROPY ORGANIZATION THAT PARTNERS WITH THE MOST EFFECTIVE SOCIAL ENTREPRENEURS, NONPROFIT COMMUNITY-BASED ORGANIZATIONS, AND CHANGE-MAKERS TO HELP INCREASE THEIR IMPACT, EMPOWERING MORE INDIVIDUALS TO BREAK THE CYCLE OF POVERTY. STAND TOGETHER FOUNDATION PROVIDES FINANCIAL SUPPORT, BUSINESS MANAGEMENT EXPERTISE, AND CAPACITY BUILDING RESOURCES TO HELP ORGANIZATIONS STRENGTHEN THEIR OPERATIONS. UPON BEING SELECTED AS AN INVESTMENT, EACH ORGANIZATION PARTICIPATES IN A SIX-MONTH CATALYST PROGRAM WHICH INCLUDES FACILITATED WORKSHOP EXPERIENCES, ROBUST DISCUSSIONS, AND ONE-ON-ONE COACHING OPPORTUNITIES FOCUSED ON THE APPLICATION OF SOUND ECONOMIC AND BUSINESS THINKING TO THE SOCIAL SECTOR. THROUGHOUT THE PROGRAM, ORGANIZATIONS DEVELOP A PLAN FOR GROWTH AND RECEIVE MARKETING AND STORYTELLING SUPPORT. ORGANIZATIONS THAT ARE POISED TO SCALE AND REPLICATE ARE ELIGIBLE TO RECEIVE INCREASED LEVELS OF INVESTMENT FROM A VARIETY OF CAPABILITIES ACROSS THE STAND TOGETHER FOUNDATION ORGANIZATION. THE INCREASE IN INVESTMENTS CAN BE IN THE FORM OF MORE ROBUST ORGANIZATION DEVELOPMENT SERVICES, MARKETING AND COMMUNICATION SUPPORT, AND MOST ALWAYS ADDITIONAL FINANCIAL INVESTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Executive Director | OfficerTrustee | 51 | $640,341 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Chairman | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 4 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stand Together Communications Media Services | 12/30/22 | $1,506,868 |
Bittersweet Creative Llc Advertising Services | 12/30/22 | $1,018,582 |
Ec Dallas Partners Llc Dba Sheraton Dallas Hotel Event Services | 12/30/22 | $743,565 |
Omni Interlocken Company Llc Event Services | 12/30/22 | $461,174 |
Hsg Solutions Inc Event Management | 12/30/22 | $373,794 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,615,652 |
| Investment income | $84,783 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,154 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,091,131 |
| Statement of Expenses | |
|---|---|
| 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. | $638,421 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,387,603 |
| Pension plan accruals and contributions | $278,115 |
| Other employee benefits | $342,493 |
| Payroll taxes | $463,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,094 |
| Fees for services: Accounting | $63,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $299,941 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,790,408 |
| Advertising and promotion | $963,798 |
| Office expenses | $320,861 |
| Information technology | $273,343 |
| Royalties | $0 |
| Occupancy | $588,829 |
| Travel | $224,191 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $528,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,073 |
| All other expenses | $0 |
| Total functional expenses | $35,383,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,908 |
| Savings and temporary cash investments | $22,863,127 |
| Pledges and grants receivable | $928,550 |
| Accounts receivable, net | $7,284 |
| 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 | $189,285 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $332,022,683 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $356,024,837 |
| Accounts payable and accrued expenses | $3,609,317 |
| 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 | $0 |
| Total liabilities | $3,609,317 |
| Net assets without donor restrictions | $351,188,880 |
| Net assets with donor restrictions | $1,226,640 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $352,415,520 |
Grants Awarded
Over the last fiscal year, Stand Together Foundation has awarded $37,942,176 in support to 178 organizations.
| Grant Recipient | Amount |
|---|---|
RISING TIDE CAPITAL PURPOSE: GENERAL OPERATING | $1,595,000 |
HUDSON LINK FOR EDUCATION IN PRISON INC PURPOSE: GENERAL OPERATING | $13,500 |
THE PHOENIX PURPOSE: GENERAL OPERATING | $15,000,000 |
FIRST STEP STAFFING PURPOSE: GENERAL OPERATING | $100,000 |
CINCINNATI WORKS PURPOSE: GENERAL OPERATING | $15,000 |
THE CARA PROGRAM PURPOSE: GENERAL OPERATING | $125,000 |