Headwaters Foundation For Justice
- Assets
- $19.5m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Minneapolis, MN
- Founding
- 05/1985
- Data as of
- 06/2023
- EIN
- 36-3359386
Organization Overview
Headwaters Foundation For Justice is located in Minneapolis, MN. The organization was established in 1985. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Headwaters Foundation For Justice employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Headwaters Foundation For Justice 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 06/2023, Headwaters Foundation For Justice generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $4.8m during the year ending 06/2023. While expenses have increased by 12.4% per year over the past 8 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 2015, Headwaters Foundation For Justice has awarded 671 individual grants totaling $15,792,454. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HEADWATERS FOUNDATION'S MISSION IS TO AMPLIFY THE POWER OF COMMUNITY TO ADVANCE EQUITY AND JUSTICE.THROUGH GRANTMAKING AND CAPACITY BUILDING SUPPORT TO GRASSROOTS ORGANIZATIONS, OUR GOAL IS TO FOSTER JUST AND SUSTAINABLE COMMUNITIES THAT EMBRACE SOCIAL, RACIAL, ECONOMIC AND ENVIRONMENTAL EQUITY. TO ACHIEVE THIS GOAL, ALL OF HEADWATERS' PROGRAMS ARE DESIGNED TO ADVANCE TWO OBJECTIVES: CHANGING SYSTEMS OF POWER, AND INCREASING THE POWER OF DISENFRANCHISED COMMUNITIES. OUR COMMUNITY-LED GRANTMAKING PROCESS IS THE TOUCHSTONE OF OUR FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR ADVISED FUNDS: THIS PROGRAM ENABLES INDIVIDUAL DONORS TO ADVANCE THEIR PHILANTHROPIC GOALS AND DIRECT RESOURCES TO SOCIAL CHANGE GROUPS LOCALLY AND NATIONALLY. DEVELOPMENT STAFF EDUCATES DONORS ABOUT SOCIAL INJUSTICE ISSUES, CONNECTS THEM TO ORGANIZATIONS THAT MATCH THEIR INTERESTS, AND PROVIDES GRANTMAKING ASSISTANCE. IN FISCAL YEAR 2023, HEADWATERS ALLOCATED $1,210,960 TO 113 ORGANIZATIONS. ADDITIONALLY, GRANTS OF $189,300 WAS AWARDED TO HEADWATERS.
THE GIVING PROJECT GRANT PROGRAM: SINCE 2015, THIS PROGRAM INVESTS IN ORGANIZATIONS THAT ARE LED BY AND FOR BLACK PEOPLE, INDIGENOUS PEOPLE, AND PEOPLE OF COLOR (BIPOC) THAT ALSO USE A COMMUNITY ORGANIZING APPROACH TO ADDRESS ROOT CAUSES OF INJUSTICE. DURING FISCAL YEAR 2023, HEADWATERS AWARDED $208,000 IN 13 GENERAL OPERATING GRANTS.
THE FUND OF THE SACRED CIRCLE: ACCORDING TO NATIVE AMERICANS IN PHILANTHROPY, FOUNDATIONS INVEST LESS THAN HALF OF ONE PERCENT OF GRANT DOLLARS IN NATIVE COMMUNITIES. HEADWATERS WORKS TO ADDRESS THIS IMBALANCE THROUGH THE FUND OF THE SACRED CIRCLE PROGRAM (FSC). GRANTS SUPPORTS MINNESOTA- AND WISCONSIN-BASED NATIVE AMERICAN ORGANIZATIONS THAT ADDRESS SYSTEMIC INJUSTICES. GENERAL OPERATING GRANTS SUPPORTS WORK THAT FOCUSES ON LANGUAGE AND CULTURAL REVITALIZATION; LAND AND ENVIRONMENTAL RESTORATION; SOVEREIGNTY AND TREATY RIGHTS; AND SELF-DETERMINATION AND CIVIL RIGHTS. IN FISCAL YEAR 2023, FSC PROGRAM AWARDED $304,000 TO 19 ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Habon Abdulle Secretary | OfficerTrustee | 1 | $0 |
Camille Cyprian Co-Chair | OfficerTrustee | 1 | $0 |
Eric Howard Vice Chair | OfficerTrustee | 1 | $0 |
Leah Olm Treasurer | OfficerTrustee | 1 | $0 |
Alyssa Hawkins Board Member | Trustee | 1 | $0 |
Maria DE La Cruz Former President | Officer | 32 | $245,441 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,262 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,354,621 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,415,883 |
| Total Program Service Revenue | $0 |
| Investment income | $57,779 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,561,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,200,410 |
| 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. | $286,115 |
| Compensation of current officers, directors, key employees. | $60,084 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,077,244 |
| Pension plan accruals and contributions | $56,445 |
| Other employee benefits | $151,048 |
| Payroll taxes | $93,449 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $170,494 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $389,268 |
| Advertising and promotion | $0 |
| Office expenses | $29,713 |
| Information technology | $99,642 |
| Royalties | $0 |
| Occupancy | $123,750 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,122 |
| Interest | $3,470 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,021 |
| Insurance | $5,675 |
| All other expenses | $0 |
| Total functional expenses | $4,763,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,397 |
| Savings and temporary cash investments | $4,211,923 |
| Pledges and grants receivable | $5,105,132 |
| Accounts receivable, net | $2,490 |
| 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 | $79,871 |
| Net Land, buildings, and equipment | $210,369 |
| Investments—publicly traded securities | $7,406,219 |
| Investments—other securities | $0 |
| Investments—program-related | $510,000 |
| Intangible assets | $0 |
| Other assets | $1,626,332 |
| Total assets | $19,516,733 |
| Accounts payable and accrued expenses | $369,654 |
| Grants payable | $25,000 |
| 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 | $64,962 |
| Other liabilities | $514,706 |
| Total liabilities | $974,322 |
| Net assets without donor restrictions | $6,564,179 |
| Net assets with donor restrictions | $11,978,232 |
| 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 | $19,516,733 |
Grants Awarded
Over the last fiscal year, Headwaters Foundation For Justice has awarded $1,871,380 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
AMAZE PURPOSE: GENERAL OPERATING SUPPORT | $8,000 |
AMERICAN INDIAN COMMUNITY HOUSING ORGANIZATION PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
AMERICAN INDIAN CANCER FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $16,000 |
AMERICAN INDIAN FAMILY CENTER PURPOSE: GENERAL OPERATING SUPPORT | $16,000 |
ASIAN AMERICAN ORGANIZING PROJECT PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
ASSOCIATION OF AMERICAN INDIAN AFFAIRS PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |