Unbound Philanthropy
- Assets
- $0.0
- Revenue
- $7.3m
- Investments
- $214.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 83-0411606
Organization Overview
Unbound Philanthropy is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unbound Philanthropy 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 12/2021, Unbound Philanthropy generated $7.3m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $16.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Unbound Philanthropy has awarded 657 individual grants totaling $52,422,025. 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
2021
Describe the Organization's Program Activity:
UNITED KINGDOM PROGRAM SUPPORT OF CONVENINGS, RESEARCH, COLLABORATIONS, AND LEARNING EXCHANGES - SEE STATEMENT 17
UNITED STATES PROGRAM SUPPORT FOR RESEARCH, CONVENINGS AND CONNECTING GRANTEES - SEE STATEMENT 17
EXECUTIVE DIRECTOR DISCRETIONARY FUND - SEE STATEMENT 17
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah K Berger Director, Board Chair, Secretary | 1 | $0 | |
Hilary Ann Weinstein Director, Vice President | 1 | $0 | |
William Huntington Reeves Director, Treasurer | 1 | $0 | |
Kikilia Fordham Director | 1 | $0 | |
Taryn Higashi Executive Director | 40 | $406,024 | |
Ingrid Rasmussen Chief Operating Offi | 40 | $310,878 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Learning For Action | 12/30/22 | $161,748 |
Pkf O Connor Davies Llp | 12/30/22 | $98,100 |
Na Manu Eha Capital Management Llc | 12/30/22 | $97,074 |
Nancy R Youman | 12/30/22 | $84,000 |
Alice Sachrajda Consulting | 12/30/22 | $77,434 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $706 |
| Dividends & Interest | $326,797 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,755,625 |
| Total Revenue | $7,349,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $335,000 |
| Pension plans, employee benefits | $740,880 |
| Depreciation | $0 |
| Occupancy | $208,149 |
| Travel, conferences, and meetings | $42,433 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $4,779,700 |
| Contributions, gifts, grants paid | $11,281,614 |
| Total expenses and disbursements | $16,061,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $511,954 |
| Investments—mortgage loans | $0 |
| Investments—other | $211,498,851 |
| Other assets | $500,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,231,491 |
Grants Awarded
Over the last fiscal year, Unbound Philanthropy has awarded $12,592,959 in support to 170 organizations.
| Grant Recipient | Amount |
|---|---|
AAPI CIVIC ENGAGEMENT FUND A PROJECT OF NEW VENTURE FUND PURPOSE: FOR CORE SUPPORT OF THE AAPI CIVIC ENGAGEMENT FUND AND PLANNING PHASE OF ITS PACIFIC ISLANDER FUND | $125,000 |
ACT BUILD CHANGE LTD PURPOSE: FOR SUPPORT FOR TRAINING AND ORGANIZING IN ENGLAND AND WALES FOCUSED ON UNDERREPRESENTED LEADERS | $60,390 |
ADDITION COLLECTIVE A PROJECT OF IOWA CITIZENS FOR COMMUNITY IMPROVEMENT PURPOSE: TO SUPPORT THE PLANNING PHASE OF THE BIGGER WE HUB | $100,000 |
AFRICAN COMMUNITIES TOGETHER PURPOSE: FOR GENERAL SUPPORT OF AN ORGANIZATION WORKING TO EMPOWER AFRICAN IMMIGRANTS TO INTEGRATE SOCIALLY, ADVANCE ECONOMICALLY, AND ENGAGE CIVICALLY | $100,000 |
AMERICAN BUSINESS IMMIGRATION COALITION PURPOSE: FOR SUPPORT OF IMMIGRATION-RELATED PUBLIC EDUCATION AND ADVOCACY ACTIVITIES IN TEXAS AND ARIZONA | $50,000 |
AMERICAN IMMIGRATION COUNCIL INC PURPOSE: FOR GENERAL SUPPORT OF AN ORGANIZATION THAT PROMOTES IMMIGRATION POLICIES THAT RESPECT THE PRINCIPLES OF FAIRNESS AND DUE PROCESS AND INFORMS CONSTRUCTIVE PUBLIC DISCUSSIONS OF IMMIGRATION ISSUES | $80,000 |