Panel Group Thought For Action is located in Washington, DC. The organization was established in 2011. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panel Group Thought For Action is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PANEL GROUP THOUGHT FOR ACTION'S MISSION IS TO IDENTIFY AND REMOVE SOCIO-ECONOMIC BARRIERS THAT OBSTRUCT PROSPERITY FOR ALL HUMANS ACROSS THE GLOBE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTPUT 1: FUNDRAISING TO DEVELOP AWARENESS MEDIA GLOBAL CAMPAIGN FOR THE TRANSFORM THE INFORMAL SECTOR. REVENUE 211,000USD FROM JOHN TEMPLETON FOUNDATION PLUS 48,000USD FROM DIATOMS INC.EXPENSES 14,000 USD1. TEMPLETON FOUNDATION HAS APPROVED A GRANT OF $211,000 TO PGTFA FOR THE DEVELOPMENT STAGE OF THE MOVIE "70% THE INFORMALS" PRODUCED BY PGTFA. THIS GRANT FEEDS INTO THE PGTFA'S GLOBAL MEDIA CAMPAIGN WITH THE AIM OF CREATING A CALL FOR CHANGING THE TRADITIONAL ECONOMIC DEVELOPMENT PARADIGM. THE NEW MODEL FOCUSES ON INFORMALITY TRANSFORMATION IN THE FIELD IN ADDITION TO THE MACRO AND FISCAL ADJUSTMENT THAT IS REQUIRED FOR A COUNTRY'S GROWTH. THE CONCEPT OF INFORMALITY TRANSFORMATION IS THAT OF CREATING AND PROVIDING SECURITY OF ASSETS SO THEY CAN BECOME FORMALLY TRADABLE WITH LESS FRICTION AND THUS LESS RISK. THIS PROJECT WILL BE IMPLEMENTED THROUGH THE WORK AND DEDICATION OF PROJECT LEAD, ELENA PANARITIS AND THE HOST ORGANIZATION, THOUGHT FOR ACTION.THE PRODUCTION OF THE DOCUMENTARY MOVIE IS FOCUSED ON GENERATING AWARENESS REGARDING WHAT IS INFORMALITY, WHY IT COMPRISES OF OVER 70% OF THE GLOBAL POPULATION, AND HOW CAN IT BE TRANSFORMED SUSTAINABLY. WITH THIS SMALL GRANT, A SHORT MOVIE WILL BE PRODUCED PRESENTED TO FILM FESTIVALS AND ALSO USED FOR FURTHER FUNDRAISING. THE LARGER FEATURE MOVIE WILL REQUIRE A LARGER FUNDING OF OVER $1M. AN ADDITIONAL 48,000USD WAS DONATED FOR THE SAME GOAL FROM DIATOMS INC. OUTPUT 2:INITIATE AND IMPLEMENT THE AWARENESS MEDIA CAMPAIGN.REVENUE: ZEROEXPENSES: 13,000 USD 2. THE PROJECT OF THE MEDIA CAMPAIGN HAS ALREADY STARTED BY ITS MOST IMPORTANT INGREDIENT THE CHANGE TEAM MEMBERS. ONE OF THE KEY OUTPUTS OF THIS PROJECT IS THE SELECTION AND ASSEMBLY OF THE CHANGE TEAM; A LEVER FOR CREATING A PIVOTAL ALLIANCE FOR CHANGE BY ENROLLING A WIDE GLOBAL INFLUENTIAL NETWORK TO THE OBJECTIVE THAT SUSTAINABLE ECONOMIC GROWTH WILL UNLOCK BY SECURING ASSET PROPERTY RIGHTS ACROSS SOCIETIES. THE CHANGE TEAM WILL OPERATE AS AN AFFINITY GROUP WITH STRONG INTERNATIONAL SCHOLARLY AND MEDIA CONTACTS, CALLING INDUSTRY LEADERS TO ACTION TO SUPPORT AND PROMOTE THE CAMPAIGN. IT WILL SERVE AS AN ADVOCACY, ADVISORY, AND AT TIMES TECHNICAL CAPACITY GROUP. SOME TEAM MEMBERS WILL BE OPERATING IN AN INFORMATIVE CAPACITY; SOME WILL BE GIVING FEEDBACK TO THE ACTIVITIES ALONG THE PROJECT. THEY WILL FACILITATE CONNECTIONS IN THE IMPORTANT AREAS OF FUNDRAISING (FOR THE LARGER PROJECT) - ACADEMIC ECONOMIC POLICY - CREATIVE TEAM - AND MARKETING. THE TEAM WILL BE SELECTED BY BUILDING ON EXISTING NETWORKS, RELATIONSHIPS, PAST AND PRESENT PROPERTY RIGHTS TRANSFORMATION EFFORTS IN COUNTRIES. IT IS EXPECTED TO BE CREATED EARLY IN THE DEVELOPMENT STAGE OF THE PROJECT, AIMING TO BE HELPFUL WITH THE APPROPRIATE CONNECTIONS IN THEIR RESPECTIVE FIELDS. THE MEMBERS WILL DRAW UPON THEIR EXISTING NETWORKS WITH THE GOAL OF DRAWING ON WORLD LEADERS, LEADING ACADEMICS, RESEARCHERS, ECONOMISTS, WORLD RENOWNED INNOVATORS, AND POLITICIANS. THE INTENTION IS TO ENGAGE THE TEAM MEMBERS WEEKLY AT THE BEGINNING WITH ON-LINE MEETINGS AND EXPECT TO MEET THEM IN PERSON DEPENDING ON THE WAY THE PANDEMIC WILL PROCEED. ACTION TASKS WILL BE MONITORED BY ELENA AND THE PROJECT ASSISTANT. THE TEAM MEMBERS WILL BE AT LEAST 10. TFA HAS INITIALLY ENGAGED PEOPLE THAT ARE ALREADY FAMILIAR WITH ELENA'S WORK AND THE PROJECT "70% THE INFORMALS." OUTPUT 3: ESTABLISHED DIGITAL AND INPERSON EDUCATIONAL PLATFORMREVENUE: 0 ZERO EXPENSES: 35,654USD3. IN DECEMBER OF 2021 TFA THROUGH ITS FOUNDER PRESENTED HOW REALITY CHECK ANALYSIS (RCA) CAN PROVIDE REFORM OUTLETS FOR GROWTH, AT THE PANEL "MEASURING ECONOMIC FREEDOM IN 2022 AND BEYOND" AT THE ATLAS NETWORK LIBERTY FORUM, IN MIAMI.4. IN ADDITION ELENA WAS ASKED TO PROVIDE ADVICE REGARDING THE DIRE ECONOMIC SITUATION OF SRI LANKA. THE COUNTRY IS AT THE BRINK OF DEFAULT AND ELENA HAS BEEN ASKED TO PRESENT HER EXPERIENCE FROM THE EUROZONE DEBT CRISIS AND IN PARTICULAR THE 10 YEAR GREEK DEBT CRISIS. SHE IS ALSO ASKED TO CREATE A SET OF SUGGESTIONS REGARDING NEEDED REFORMS, AND A COMMUNICATIONS STRATEGY.5. TFA THROUGH ITS FOUNDER, IN JANUARY 2022 ADDRESSED THE DENIS AND LENORA FORETIA FOUNDATION IN CAMEROON ALONG WITH THE NKAFU POLICY INSTITUTE AND 14 OTHER COUNTRIES DEVELOPMENT CHALLENGES AND INFORMALITY.6. TFA HAS CONTINUED TO BE INVITED AS A MAJOR CONTRIBUTOR TO THE ALAMOS ALLIANCE ECONOMICS POLICY CONFERENCE. THIS YEAR THE CONFERENCE TOOK PLACE IN SAN ANTONIO TEXAS.7. ATLAS NETWORK HAD AGREED IN 2021 TO TRANSLATE INTO SPANISH THE BOOK OF ELENA PANARITIS, PROSPERITY UNBOUND, AND IDENTIFY A PUBLISHING HOUSE IN LATAM. SUCH EFFORT WAS OFFERED TO BE FUNDED BY THE NETWORK. TFA HAS REFRESHED THE REQUEST WITH BRAD LIPS THE CEO OF ATLAS NETWORK.8. TFA IN 2022, IN CONJUNCTION WITH STANFORD UNIVERSITY CENTER FOR DEMOCRACY DEVELOPMENT AND THE RULE OF LAW, CONTINUED ITS COLLABORATION CONDUCTING EXECUTIVE EDUCATION COURSES WITH COUNTRY LEADERS OF BOTH THE PUBLIC AND PRIVATE SECTORS.9. IN 2022, TFA STARTED A POSSIBLE COLLABORATION WITH RAND INSTITUTE ON CREATING A NEW INSTITUTIONAL INDEX USING REALITY CHECK ANALYSIS AS ONE OF THE METHODS OF ANALYSIS.10. OUR FOUNDER CONTINUED TO WORK WITH OPPORTUNITY COLLABORATION AND THE CORDES FOUNDATION TO PROMOTE POLITICAL ENTREPRENEURSHIP GLOBALLY THROUGH GOVERNANCE EFFICIENCY SO AS TO REDUCE INFORMALITY AROUND THE WORLD AND INEQUALITY. THE WORK INCLUDED LESSONS IN OF IMPROVING THE EFFECTIVENESS OF NEGOTIATIONS BETWEEN IMPACT INVESTORS AND GOVERNMENTS.11. IN THE SUMMER OF THE 2022, TFA IS INVITED TO PARTICIPATE IN THE SUMMER UNIVERSITY OF THE HELLENIC UNIVERSITY WITH A MASTER CLASS ON LEADERSHIP.12. TFA WAS PLEASED TO BE INFORMED THAT THE ABRAHAM ACCORDS WERE HEAVILY BASED ON THE WORK OF THE ECONOMICS TASK FORCE (SECOND TRACK NEGOTIATION TEAM) LED SINCE 1999 BY ELENA PANARITIS. MS. PANARITIS CONTINUES TO BE A KEY PLAYER OF THE SECOND TRACK NEGOTIATIONS, WORKING WITH THE TEAM OF THE QUARTET, AS WELL AS LOCALS FROM ISRAEL AND THE PALESTINIAN AUTHORITY.
OUTPUT 1: FUNDRAISING TO DEVELOP AWARENESS MEDIA GLOBAL CAMPAIGN FOR THE TRANSFORM THE INFORMAL SECTOR. REVENUE 211,000USD FROM JOHN TEMPLETON FOUNDATION PLUS 48,000USD FROM DIATOMS INC.EXPENSES 14,000 USD1. TEMPLETON FOUNDATION HAS APPROVED A GRANT OF $211,000 TO PGTFA FOR THE DEVELOPMENT STAGE OF THE MOVIE "70% THE INFORMALS" PRODUCED BY PGTFA. THIS GRANT FEEDS INTO THE PGTFA'S GLOBAL MEDIA CAMPAIGN WITH THE AIM OF CREATING A CALL FOR CHANGING THE TRADITIONAL ECONOMIC DEVELOPMENT PARADIGM. THE NEW MODEL FOCUSES ON INFORMALITY TRANSFORMATION IN THE FIELD IN ADDITION TO THE MACRO AND FISCAL ADJUSTMENT THAT IS REQUIRED FOR A COUNTRY'S GROWTH. THE CONCEPT OF INFORMALITY TRANSFORMATION IS THAT OF CREATING AND PROVIDING SECURITY OF ASSETS SO THEY CAN BECOME FORMALLY TRADABLE WITH LESS FRICTION AND THUS LESS RISK. THIS PROJECT WILL BE IMPLEMENTED THROUGH THE WORK AND DEDICATION OF PROJECT LEAD, ELENA PANARITIS AND THE HOST ORGANIZATION, THOUGHT FOR ACTION.THE PRODUCTION OF THE DOCUMENTARY MOVIE IS FOCUSED ON GENERATING AWARENESS REGARDING WHAT IS INFORMALITY, WHY IT COMPRISES OF OVER 70% OF THE GLOBAL POPULATION, AND HOW CAN IT BE TRANSFORMED SUSTAINABLY. WITH THIS SMALL GRANT, A SHORT MOVIE WILL BE PRODUCED PRESENTED TO FILM FESTIVALS AND ALSO USED FOR FURTHER FUNDRAISING. THE LARGER FEATURE MOVIE WILL REQUIRE A LARGER FUNDING OF OVER $1M. AN ADDITIONAL 48,000USD WAS DONATED FOR THE SAME GOAL FROM DIATOMS INC. OUTPUT 2:INITIATE AND IMPLEMENT THE AWARENESS MEDIA CAMPAIGN.REVENUE: ZEROEXPENSES: 13,000 USD 2. THE PROJECT OF THE MEDIA CAMPAIGN HAS ALREADY STARTED BY ITS MOST IMPORTANT INGREDIENT THE CHANGE TEAM MEMBERS. ONE OF THE KEY OUTPUTS OF THIS PROJECT IS THE SELECTION AND ASSEMBLY OF THE CHANGE TEAM; A LEVER FOR CREATING A PIVOTAL ALLIANCE FOR CHANGE BY ENROLLING A WIDE GLOBAL INFLUENTIAL NETWORK TO THE OBJECTIVE THAT SUSTAINABLE ECONOMIC GROWTH WILL UNLOCK BY SECURING ASSET PROPERTY RIGHTS ACROSS SOCIETIES. THE CHANGE TEAM WILL OPERATE AS AN AFFINITY GROUP WITH STRONG INTERNATIONAL SCHOLARLY AND MEDIA CONTACTS, CALLING INDUSTRY LEADERS TO ACTION TO SUPPORT AND PROMOTE THE CAMPAIGN. IT WILL SERVE AS AN ADVOCACY, ADVISORY, AND AT TIMES TECHNICAL CAPACITY GROUP. SOME TEAM MEMBERS WILL BE OPERATING IN AN INFORMATIVE CAPACITY; SOME WILL BE GIVING FEEDBACK TO THE ACTIVITIES ALONG THE PROJECT. THEY WILL FACILITATE CONNECTIONS IN THE IMPORTANT AREAS OF FUNDRAISING (FOR THE LARGER PROJECT) - ACADEMIC ECONOMIC POLICY - CREATIVE TEAM - AND MARKETING. THE TEAM WILL BE SELECTED BY BUILDING ON EXISTING NETWORKS, RELATIONSHIPS, PAST AND PRESENT PROPERTY RIGHTS TRANSFORMATION EFFORTS IN COUNTRIES. IT IS EXPECTED TO BE CREATED EARLY IN THE DEVELOPMENT STAGE OF THE PROJECT, AIMING TO BE HELPFUL WITH THE APPROPRIATE CONNECTIONS IN THEIR RESPECTIVE FIELDS. THE MEMBERS WILL DRAW UPON THEIR EXISTING NETWORKS WITH THE GOAL OF DRAWING ON WORLD LEADERS, LEADING ACADEMICS, RESEARCHERS, ECONOMISTS, WORLD RENOWNED INNOVATORS, AND POLITICIANS. THE INTENTION IS TO ENGAGE THE TEAM MEMBERS WEEKLY AT THE BEGINNING WITH ON-LINE MEETINGS AND EXPECT TO MEET THEM IN PERSON DEPENDING ON THE WAY THE PANDEMIC WILL PROCEED. ACTION TASKS WILL BE MONITORED BY ELENA AND THE PROJECT ASSISTANT. THE TEAM MEMBERS WILL BE AT LEAST 10. TFA HAS INITIALLY ENGAGED PEOPLE THAT ARE ALREADY FAMILIAR WITH ELENA'S WORK AND THE PROJECT "70% THE INFORMALS." OUTPUT 3: ESTABLISHED DIGITAL AND INPERSON EDUCATIONAL PLATFORMREVENUE: 0 ZERO EXPENSES: 35,654USD3. IN DECEMBER OF 2021 TFA THROUGH ITS FOUNDER PRESENTED HOW REALITY CHECK ANALYSIS (RCA) CAN PROVIDE REFORM OUTLETS FOR GROWTH, AT THE PANEL "MEASURING ECONOMIC FREEDOM IN 2022 AND BEYOND" AT THE ATLAS NETWORK LIBERTY FORUM, IN MIAMI.4. IN ADDITION ELENA WAS ASKED TO PROVIDE ADVICE REGARDING THE DIRE ECONOMIC SITUATION OF SRI LANKA. THE COUNTRY IS AT THE BRINK OF DEFAULT AND ELENA HAS BEEN ASKED TO PRESENT HER EXPERIENCE FROM THE EUROZONE DEBT CRISIS AND IN PARTICULAR THE 10 YEAR GREEK DEBT CRISIS. SHE IS ALSO ASKED TO CREATE A SET OF SUGGESTIONS REGARDING NEEDED REFORMS, AND A COMMUNICATIONS STRATEGY.5. TFA THROUGH ITS FOUNDER, IN JANUARY 2022 ADDRESSED THE DENIS AND LENORA FORETIA FOUNDATION IN CAMEROON ALONG WITH THE NKAFU POLICY INSTITUTE AND 14 OTHER COUNTRIES DEVELOPMENT CHALLENGES AND INFORMALITY.6. TFA HAS CONTINUED TO BE INVITED AS A MAJOR CONTRIBUTOR TO THE ALAMOS ALLIANCE ECONOMICS POLICY CONFERENCE. THIS YEAR THE CONFERENCE TOOK PLACE IN SAN ANTONIO TEXAS.7. ATLAS NETWORK HAD AGREED IN 2021 TO TRANSLATE INTO SPANISH THE BOOK OF ELENA PANARITIS, PROSPERITY UNBOUND, AND IDENTIFY A PUBLISHING HOUSE IN LATAM. SUCH EFFORT WAS OFFERED TO BE FUNDED BY THE NETWORK. TFA HAS REFRESHED THE REQUEST WITH BRAD LIPS THE CEO OF ATLAS NETWORK.8. TFA IN 2022, IN CONJUNCTION WITH STANFORD UNIVERSITY CENTER FOR DEMOCRACY DEVELOPMENT AND THE RULE OF LAW, CONTINUED ITS COLLABORATION CONDUCTING EXECUTIVE EDUCATION COURSES WITH COUNTRY LEADERS OF BOTH THE PUBLIC AND PRIVATE SECTORS.9. IN 2022, TFA STARTED A POSSIBLE COLLABORATION WITH RAND INSTITUTE ON CREATING A NEW INSTITUTIONAL INDEX USING REALITY CHECK ANALYSIS AS ONE OF THE METHODS OF ANALYSIS.10. OUR FOUNDER CONTINUED TO WORK WITH OPPORTUNITY COLLABORATION AND THE CORDES FOUNDATION TO PROMOTE POLITICAL ENTREPRENEURSHIP GLOBALLY THROUGH GOVERNANCE EFFICIENCY SO AS TO REDUCE INFORMALITY AROUND THE WORLD AND INEQUALITY. THE WORK INCLUDED LESSONS IN OF IMPROVING THE EFFECTIVENESS OF NEGOTIATIONS BETWEEN IMPACT INVESTORS AND GOVERNMENTS.11. IN THE SUMMER OF THE 2022, TFA IS INVITED TO PARTICIPATE IN THE SUMMER UNIVERSITY OF THE HELLENIC UNIVERSITY WITH A MASTER CLASS ON LEADERSHIP.12. TFA WAS PLEASED TO BE INFORMED THAT THE ABRAHAM ACCORDS WERE HEAVILY BASED ON THE WORK OF THE ECONOMICS TASK FORCE (SECOND TRACK NEGOTIATION TEAM) LED SINCE 1999 BY ELENA PANARITIS. MS. PANARITIS CONTINUES TO BE A KEY PLAYER OF THE SECOND TRACK NEGOTIATIONS, WORKING WITH THE TEAM OF THE QUARTET, AS WELL AS LOCALS FROM ISRAEL AND THE PALESTINIAN AUTHORITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eleni Panariti Director | OfficerTrustee | 40 | $13,000 |
Raymond C Fay Director | OfficerTrustee | 40 | $0 |
Deirdre N Mccloskey Director | OfficerTrustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $259,241 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $259,241 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $259,241 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,489 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,440 |
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 | $0 |
Insurance | $500 |
All other expenses | $1,390 |
Total functional expenses | $62,654 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $206,587 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $206,587 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $196,587 |
Total liabilities and net assets/fund balances | $206,587 |