The Seminar Network Inc
- Assets
- $364.7m
- Revenue
- $63.9m
- Investments
- $277.4m
- Employees
- 31
- Location
- Arlington, VA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-3508366
Organization Overview
The Seminar Network Inc, operating under the name Stand Together Trust, is located in Arlington, VA. The organization was established in 2014. 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 12/2023, Stand Together Trust employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stand Together Trust 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, Stand Together Trust generated $63.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $124.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Stand Together Trust has awarded 100 individual grants totaling $143,928,164. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STAND TOGETHER TRUST PROVIDES SUPPORT TO A GROWING NETWORK OF SOCIAL ENTREPRENEURS - THOSE TACKLING THE MAJOR CHALLENGES OF OUR TIME IN A BROAD RANGE OF SOCIAL AND ECONOMIC ISSUES AND WORKS TO EMPOWER THEM WITH THE TOOLS AND SUPPORT NEEDED TO MAKE A FAR GREATER IMPACT TO HELP PEOPLE IMPROVE THEIR LIVES.
Describe the Organization's Program Activity:
STAND TOGETHER TRUST PROVIDES SUPPORT TO A GROWING NETWORK OF SOCIAL ENTREPRENEURS - THOSE TACKLING THE MAJOR CHALLENGES OF OUR TIME IN A BROAD RANGE OF SOCIAL AND ECONOMIC ISSUES AND WORKS TO EMPOWER THEM WITH THE TOOLS AND SUPPORT NEEDED TO MAKE A FAR GREATER IMPACT TO HELP PEOPLE IMPROVE THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Secretary | Officer | 1 | $0 |
Name Not Listed Executive Director | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stand Together Communications Media Services | 12/30/22 | $583,714 |
Deroche Consulting Group Inc Consulting Services | 12/30/22 | $440,000 |
Longwell Partners Inc Research Services | 12/30/22 | $950,000 |
Stand Together Chamber Of Commerce Administrative Services | 12/30/22 | $337,908 |
Sxsw Llc Events | 12/30/22 | $300,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $750,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,911,557 |
| Noncash contributions included in lines 1a–1f | $997,544 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,661,557 |
| Total Program Service Revenue | $206,821 |
| Investment income | $292,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $277,238 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,933,238 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $114,812,427 |
| 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 | $1,803,370 |
| Pension plan accruals and contributions | $77,871 |
| Other employee benefits | $187,437 |
| Payroll taxes | $136,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,876 |
| Fees for services: Accounting | $93,916 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,065,507 |
| Advertising and promotion | $101,129 |
| Office expenses | $20,074 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $222,368 |
| Travel | $184,180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,388,405 |
| Interest | $66,128 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $124,216,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,786,185 |
| Savings and temporary cash investments | $41,737,759 |
| Pledges and grants receivable | $11,026,500 |
| Accounts receivable, net | $1,253,260 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $514,861 |
| Net Land, buildings, and equipment | $1,256,546 |
| Investments—publicly traded securities | $13,151,855 |
| Investments—other securities | $277,410,660 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,309,086 |
| Total assets | $364,746,712 |
| Accounts payable and accrued expenses | $1,201,103 |
| Grants payable | $9,896,216 |
| 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 | $22,100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,459,331 |
| Total liabilities | $35,656,650 |
| Net assets without donor restrictions | $310,899,476 |
| Net assets with donor restrictions | $18,190,586 |
| 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 | $364,746,712 |
Grants Awarded
Over the last fiscal year, The Seminar Network Inc has awarded $57,434,788 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF THE HOLY CROSS PURPOSE: General Operating Support | $275,000 |
CENTER FOR GROWTH AND OPPORTUNITY PURPOSE: General Operating Support | $3,310,000 |
CATHOLIC UNIVERSITY OF AMERICA PURPOSE: General Operating Support | $1,220,000 |
FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION INC PURPOSE: General Operating Support | $1,290,500 |
TEXAS PUBLIC POLICY FOUNDATION PURPOSE: General Operating Support | $500,000 |
UNIVERSITY OF ARIZONA PURPOSE: General Operating Support | $10,000 |