Billie Jean King Leadership Initiative Foundation
- Assets
- $2.0m
- Revenue
- $799.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Randolph, NJ
- Founding
- 11/2014
- Data as of
- 12/2020
- EIN
- 46-4755352
Organization Overview
Billie Jean King Leadership Initiative Foundation is located in Randolph, NJ. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Billie Jean King Leadership Initiative 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 12/2020, Billie Jean King Leadership Initiative Foundation generated $799.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $867.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Billie Jean King Leadership Initiative Foundation has awarded 31 individual grants totaling $1,086,518. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE BILLIE JEAN KING LEADERSHIP INITIATIVE IS AN AMBITIOUS AND MOTIVATED ENDEAVOR WHOSE SOLE FOCUS IS TO MOVE THE NEEDLE ON ISSUES IMPACTING DIVERSE TALENT GLOBALLY. WE PLAN TO IGNITE A TRANSFORMATION IN THE CONVERSATION THROUGH THREE PRIMARY PILLARS OF LEADERSHIP: LIFT THROUGH ACTION AND ADVOCACY, LEARN THROUGH RESEARCH AND INNOVATION, AND LEAD THROUGH INSIGHT AND EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFT - CONVENE GLOBAL FORUMS EDUCATING WOMEN AND MEN ON THE CRITICAL ISSUES SURROUNDING THE IMPORTANCE OF INCLUSIVE LEADERSHIP, AND THE ROLE EVERY INDIVIDUAL PLAYS IN DRIVING CHANGE. PROMOTE AND FACILITATE PLATFORMS FOR CONVERSATION AND ACTION ACROSS ALL LEVELS OF AN ORGANIZATION.LEARN - AS MILLENNIALS ARE NOW THE MAJORITY OF THE WORKFORCE, THE BILLIE JEAN KING LEADERSHIP INITIATIVE (BJKLI) SOUGHT TO ANALYZE HOW THIS GROUP'S LEADERSHIP STYLES ARE TRANSFORMING BUSINESS. OUR RESEARCH ANALYZED THREE YEARS OF DATA COLLECTED BY OUR RESEARCH PARTNER, DELOITTE. OUR REPORT DEMONSTRATED THAT PURPOSE-DRIVEN MILLENNIALS SEEK INNOVATION AND COLLABORATION, WITH ROOM TO SPEARHEAD THEIR OWN CAREER PATHS. LEAVING BEHIND "THE WAY WE'VE ALWAYS DONE IT," MILLENNIALS ARE FINDING THEIR OWN WAY.A META-ANALYSIS OF SIX ROBUST DATA SOURCES WAS PERFORMED TO IDENTIFY INSIGHTS AND TRENDS ON WORKPLACE CULTURE, THE IMPACT GENERATIONAL DIFFERENCES HAVE ON CULTURE, AND THE EXTENT TO WHICH THESE OUTCOMES VARY ACROSS THE GLOBE.OUR RESEARCH IS INSPIRING AND EMPOWERING ORGANIZATIONS TO ADAPT TO THE NEEDS AND EXPECTATIONS ACROSS ALL GENERATIONS.THE FINDINGS IN THIS PAPER HAVE IDENTIFIED AN UNPRECEDENTED OPPORTUNITY TO SHIFT OUR CULTURES IN A WAY THAT INCREASES ENGAGEMENT AND PRODUCTIVITY FOR MEMBERS OF ALL GENERATIONS. LEAD - HOST A BIENNIAL LEADERSHIP CONFERENCE, IN PARTNERSHIP WITH GLOBAL CORPORATE LEADERS AND UNIVERSITIES, FOCUSED ON THE EMPOWERMENT, AUTHENTICITY AND DEVELOPMENT OF GLOBAL TALENT. IGNITE A DIALOGUE ON 21ST CENTURY POWER DYNAMICS AND THEIR IMPACT ON INCLUSION, LEADERSHIP, AND TALENT DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Coakley Vice President & Secretary | Officer | 5 | $0 |
Merle Blackman Treasurer | Officer | 5 | $0 |
Ilana Kloss Director | Trustee | 5 | $0 |
Billie Jean King Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Billie Jean King Enterprises Inc Executive Management | 12/30/21 | $240,000 |
Nformation Llc Research Consulting | 12/30/21 | $150,000 |
Financial Statements
| 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 | $783,384 |
| Noncash contributions included in lines 1a–1f | $45,539 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $783,384 |
| Total Program Service Revenue | $0 |
| Investment income | $15,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $138 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $799,259 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $532,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,000 |
| 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 | $240,000 |
| Fees for services: Legal | $121 |
| Fees for services: Accounting | $33,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,722 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $292 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $867,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $154,005 |
| Pledges and grants receivable | $117,666 |
| 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 | $1,752,512 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,208 |
| Other assets | $0 |
| Total assets | $2,027,391 |
| 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 | $1,909,725 |
| Net assets with donor restrictions | $117,666 |
| 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 | $2,027,391 |
Grants Awarded
Over the last fiscal year, Billie Jean King Leadership Initiative Foundation has awarded $150,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $40,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Billie Jean King Leadership Initiative Foundation has recieved totaling $378,218.
| Awarding Organization | Amount |
|---|---|
Wta Charities Inc St Petersburg, FL PURPOSE: GENERAL PURPOSES | $378,218 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |