Fpf Education And Innovation Foundation
- Assets
- $10.5m
- Revenue
- $10.8m
- Investments
- $0.0
- Employees
- 61
- Location
- Washington, DC
- Founding
- 02/2013
- Data as of
- 12/2022
- EIN
- 45-3763097
Organization Overview
Fpf Education And Innovation Foundation is located in Washington, DC. The organization was established in 2013. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Fpf Education And Innovation Foundation employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fpf Education And Innovation 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 12/2022, Fpf Education And Innovation Foundation generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.6% each year . All expenses for the organization totaled $12.4m during the year ending 12/2022. While expenses have increased by 39.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EIF SERVES AS A CATALYST FOR PRIVACY LEADERSHIP AND SCHOLARSHIP. CONTINUED IN SCHEDULE O. ADVANCING PRINCIPLED DATA PRACTICES IN SUPPORT OF EMERGING TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EIF'S PROGRAMMATIC ACTIVITIES BRING TOGETHER A RANGE OF VOICES FROM INDUSTRY, ACADEMIA, AND CIVIL SOCIETY TO SUPPORT COLLABORATION IN EXPLORING THE CHALLENGES POSED BY TECHNOLOGICAL INNOVATION AND DEVELOP PRIVACY PROTECTIONS, ETHICAL NORMS, AND WORKABLE BUSINESS PRACTICES TO ADVANCE PRINCIPLED DATA PRACTICES IN SUPPORT OF EMERGING TECHNOLOGIES. THROUGH RESEARCH, PUBLICATIONS, EDUCATIONAL MEETINGS, EXPERT TESTIMONY, AND OTHER RELATED ACTIVITIES, EIF WORKS WITH ORGANIZATIONS AND GOVERNMENTS TO SHAPE BEST PRACTICES AND POLICIES, IN THE UNITED STATES AND GLOBALLY. EIF CONVENES EXPERTS TO FOSTER COLLABORATION AND PROMOTE INSIGHTFUL RESEARCH ON DATA PROTECTION THAT SUPPORTS THE UTILITY OF DATA; PROVIDES EXPERT TESTIMONY AND COMMENTS TO CONGRESS, FEDERAL AGENCIES, CONGRESSIONALLY CHARTERED COMMISSIONS, AND LEGISLATURES AROUND THE WORLD; AND SHARES RESEARCH AND INSIGHTS THROUGH ITS REPORTS, ROUNDTABLES, AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Wolf Board Chair | OfficerTrustee | 4 | $0 |
Mary Culnan Vice Chair | OfficerTrustee | 4 | $0 |
Agnes Bundy Scanlan Board Member | Trustee | 1 | $0 |
Alan Raul Board Member | Trustee | 1 | $0 |
Dale Skivington Board Member | Trustee | 1 | $0 |
Danielle Citron Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rajah & Tann Singapore Llp Research/policy Support | 12/30/22 | $344,251 |
Glen Echo Group Llc Communications | 12/30/22 | $271,500 |
Magazanik Shmerling Law Research/policy Support | 12/30/22 | $333,947 |
Robert Van Eijk Research/policy Support | 12/30/22 | $675,348 |
Marcum Llp Accounting | 12/30/22 | $185,522 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,012,375 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,203,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,215,923 |
| Total Program Service Revenue | $575,309 |
| 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 | $10,804,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $290,187 |
| 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. | $1,024,427 |
| Compensation of current officers, directors, key employees. | $525,389 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,393,386 |
| Pension plan accruals and contributions | $136,360 |
| Other employee benefits | $384,379 |
| Payroll taxes | $383,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,607 |
| Fees for services: Accounting | $359,607 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,021,046 |
| Advertising and promotion | $0 |
| Office expenses | $129,724 |
| Information technology | $549,740 |
| Royalties | $0 |
| Occupancy | $436,114 |
| Travel | $283,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $592,890 |
| Interest | $681 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $234,871 |
| Insurance | $5,855 |
| All other expenses | $0 |
| Total functional expenses | $12,385,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,084,959 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,071,129 |
| 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 | $154,935 |
| Net Land, buildings, and equipment | $1,325,110 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,889,408 |
| Total assets | $10,525,541 |
| Accounts payable and accrued expenses | $524,513 |
| Grants payable | $0 |
| Deferred revenue | $83,000 |
| 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 | $4,510,108 |
| Total liabilities | $5,117,621 |
| Net assets without donor restrictions | $2,851,223 |
| Net assets with donor restrictions | $2,556,697 |
| 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 | $10,525,541 |
Grants Awarded
Over the last fiscal year, Fpf Education And Innovation Foundation has awarded $21,972 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHWEST ARKANSAS EDUCATION COOPERATIVE PURPOSE: TRAIN THE TRAINER: EXPAND AND DEEPEN YOUR STUDENT PRIVACY AND SECURITY KNOWLEDGE, ESTABLISH ONGOING RELATIONSHIPS WITH A CLOSE COHORT OF STUDENT PRIVACY PROFESSIONALS, AND ACQUIRE RESOURCES AND RELATIONSHIPS NEEDED TO TRAIN AND INFLUENCE OTHERS. | $7,500 |
BLACKS IN TECHNOLOGY FOUNDATION PURPOSE: ANNUAL MEETING 2021 DONATION | $7,236 |
ASIAN AMERICAN YOUTH LEADERSHIP EMPOWERMENT & DEVELOPMENT PURPOSE: ANNUAL MEETING 2021 DONATION | $7,236 |