Guild Of Future Architects Foundation
- Assets
- $731.0k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- West Th Street, NY
- Founding
- Data as of
- 12/2022
- EIN
- 83-4379679
Organization Overview
Guild Of Future Architects Foundation is located in West Th Street, NY. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Guild Of Future Architects Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guild Of Future Architects 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, Guild Of Future Architects Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Guild Of Future Architects Foundation has awarded 12 individual grants totaling $494,212. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GUILD OF FUTURE ARCHITECTS SUPPORTS INTERSECTIONAL COLLABORATIONS THAT MAKE THE WORLD MORE BEAUTIFUL FOR MORE PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEE FOR SERVICE: THE GUILD'S CORE LEARNING PROGRAMS ARE DESIGNED TO CREATE TRANSFORMATIONAL EXPERIENCES THROUGH MASTERY. OUR FACILITATORS AND ADVISORS EMBODY THEIR AREAS OF EXPERTISE WITH HUMILITY AND AUTHENTICITY SO THEY CAN HOLD SPACE FOR MAGIC TO HAPPEN WHILE IMPARTING THE KNOWLEDGE AND WISDOM EMBEDDED IN THEIR OWN PRACTICE OF FUTURE ARCHITECTURE.
SHARED FUTURES: A SHARED FUTURE IS LIKE A "START-UP," BUT INSTEAD OF FOCUSING ON BUSINESSES FOR THE MARKETPLACE, IT FOCUSES ON COLLABORATIONS FOR THE COMMONS. THE GOAL IS TO IMAGINE AND PROTOTYPE BOLD IDEAS FOR OUR COLLECTIVE FUTURE. ONCE THE SHARED FUTURES ARE ENVISIONED, THE GUILD OF FUTURE ARCHITECTS HELPS TO INCUBATE THEM THROUGH A COLLABORATIVE PROTOTYPING PROCESS BY CONNECTING THEM TO RESOURCES, PROVIDING COACHING AND ADVISORY SERVICES, AND AMPLIFYING THEIR EFFORTS THROUGH COMMUNICATIONS AND MEDIA PLATFORMS.
THE GUILD WORKED WITH CINEREACH, A NOT-FOR-PROFIT MEDIA INCUBATOR, TO CO-CREATE A PILOT CAPSULE ON JUSTICE. OUR PRIMARY AIM WAS TO BUILD TRUST AND PARTNERSHIP BETWEEN WITH CINEREACH. WE DID THIS BY THINKING, DOING AND LEARNING TOGETHER, ASKING THOUGHT PROVOKING QUESTIONS, MODELING INCLUSION,AMPLIFYING THE UNHEARD, AND REFRAMING BLINDSPOTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Chang Board Chair | OfficerTrustee | 1 | $0 |
May Lee Treasurer | OfficerTrustee | 1 | $0 |
Cara Mertes Secretary | OfficerTrustee | 1 | $0 |
Mark Beam Director | Trustee | 1 | $40,000 |
Thomas Debass Director | Trustee | 1 | $0 |
Elissa Moorhead Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $135,118 |
| All other contributions, gifts, grants, and similar amounts not included above | $545,576 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $680,694 |
| Total Program Service Revenue | $533,358 |
| 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 | $1,214,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $328,835 |
| Grants and other assistance to domestic individuals. | $92,891 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,399 |
| Compensation of current officers, directors, key employees. | $47,636 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $182,059 |
| Pension plan accruals and contributions | $8,350 |
| Other employee benefits | $15,420 |
| Payroll taxes | $33,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,296 |
| Fees for services: Accounting | $71,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $564,941 |
| Advertising and promotion | $0 |
| Office expenses | $2,746 |
| Information technology | $24,857 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $59,721 |
| 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 | $0 |
| Insurance | $2,973 |
| All other expenses | $0 |
| Total functional expenses | $1,599,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $612,683 |
| Savings and temporary cash investments | $5,002 |
| Pledges and grants receivable | $110,000 |
| 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 | $3,299 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $730,984 |
| Accounts payable and accrued expenses | $41,636 |
| 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 | $1,000,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,041,636 |
| Net assets without donor restrictions | -$1,193,520 |
| Net assets with donor restrictions | $882,868 |
| 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 | $730,984 |
Grants Awarded
Over the last fiscal year, Guild Of Future Architects Foundation has awarded $328,835 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK MATERNAL HEALTH FUND PURPOSE: PROJECT'S FISCAL SPONSOR | $237,150 |
THE LACOFF GROUP PURPOSE: PROJECT'S FISCAL SPONSOR | $91,685 |