Strategic Victory Fund
- Assets
- $8.2m
- Revenue
- $33.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 07/2023
- EIN
- 84-2526354
Organization Overview
Strategic Victory Fund is located in Raleigh, NC. Strategic Victory Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2023, Strategic Victory Fund generated $33.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $36.3m during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Strategic Victory Fund has awarded 201 individual grants totaling $104,113,466. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SOCIAL WELFARE WITHIN VARIOUS STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STRATEGIC VICTORY FUND (SVF) IS A COMMUNITY OF DONORS THAT PRIDES ITSELF ON BEING INNOVATIVE, STRATEGIC, FORWARD-THINKING, AND COLLABORATIVE; WE ARE INCUBATORS, WE SCALE CAPACITY, WE INVEST IN STATES, AND WE ARE COMMITTED TO PROGRESS. THROUGHOUT 2022 AND 2023, SVF MADE AND COORDINATED CUTTING EDGE INVESTMENTS TO BUILD AND SUPPORT AN INCLUSIVE AND JUST SOCIETY. THESE INVESTMENTS WERE MADE IN A WAY THAT BOLSTERED STATE-LEVEL INFRASTRUCTURE, CRITICAL CENTERS OF GRAVITY TO SUPPORT ENDURING YEAR-ROUND WORK.SVF FUNDED DEEP RESEARCH PROJECTS IN UNDERSERVED COMMUNITIES, INCLUDING BLACK AND LATINX AMERICANS. SVF ALSO INVESTED IN TWO TRAINING PROGRAMS ON RELATIONAL ORGANIZING AND DIGITAL CONTENT CREATION. SVF WORKED CLOSELY WITH STATE-BASED RESEARCH AND COMMUNICATIONS HUBS TO BOTH TALK TO AND LISTEN TO UNDERSERVED COMMUNITIES AND THE PUBLIC. SVF DONORS WERE PART OF A MAJOR INITIATIVE TO BUILD A HIGHLY FUNCTIONING AND INTEGRATED SYSTEM TO TRACK, INVESTIGATE, AND RESPOND TO PUBLIC DISINFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Stocks Chair/member Of Executive Committee | OfficerTrustee | 1 | $0 |
Anne Bartley Chair Emeritus/member Of Exco | OfficerTrustee | 1 | $0 |
Maria Peralta Director | Trustee | 1 | $0 |
Joe Zimlich Member Of Executive Committee | OfficerTrustee | 1 | $0 |
Kim Anderson Member Of Executive Committee | OfficerTrustee | 1 | $0 |
Tom Flynn Member Of Executive Committee | OfficerTrustee | 1 | $0 |
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 | $33,450,700 |
| Noncash contributions included in lines 1a–1f | $515,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,450,700 |
| Total Program Service Revenue | $0 |
| 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 | $33,450,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,297,849 |
| 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 | $884,867 |
| Pension plan accruals and contributions | $90,464 |
| Other employee benefits | $168,830 |
| Payroll taxes | $26,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300,000 |
| Fees for services: Accounting | $151,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,893,645 |
| Advertising and promotion | $0 |
| Office expenses | $27,767 |
| Information technology | $29,965 |
| Royalties | $0 |
| Occupancy | $33,151 |
| Travel | $236,079 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,968 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,970 |
| All other expenses | $0 |
| Total functional expenses | $36,304,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,248,138 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,248,138 |
| Accounts payable and accrued expenses | $142 |
| 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 | $5,459 |
| Total liabilities | $5,601 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $8,242,537 |
| Total liabilities and net assets/fund balances | $8,248,138 |
Grants Awarded
Over the last fiscal year, Strategic Victory Fund has awarded $29,297,849 in support to 91 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER WI TOGETHER INSTITUTE INC PURPOSE: GENERAL SUPPORT | $50,000 |
A BETTER WI TOGETHER INSTITUTE INC PURPOSE: GENERAL SUPPORT | $175,000 |
A BETTER WISCONSIN TOGETHER PURPOSE: GENERAL SUPPORT | $100,000 |
A BETTER WISCONSIN TOGETHER PURPOSE: GENERAL SUPPORT | $1,100,000 |
A BETTER WISCONSIN TOGETHER PURPOSE: GENERAL SUPPORT | $88,297 |
A BETTER WISCONSIN TOGETHER PURPOSE: GENERAL SUPPORT | $150,000 |