Bainum Family Action Fund is located in Bethesda, MD. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bainum Family Action 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL WELFARE THROUGH ADVOCATING AND FUNDING POLICIES IMPACTING EARLY CHILDHOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFRASTRUCTURE DEVELOPMENT PROGRAM: THE FUND HAS BEEN FOCUSED ON RESEARCH, LEARNING HOW BEST TO DEPLOY ITS FUNDS, AND BUILDING INFRASTRUCTURE FROM WHICH IT CAN LAUNCH PROGRAM INITIATIVES. THIS PROGRAM HAS BEEN INSTRUMENTAL IN EQUIPPING THE FUND TO ADVANCE POLICY CHANGE FOR YOUNG CHILDREN THROUGH BUILDING UP THE FINANCIAL, LEGAL, TECHNOLOGY, COMMUNICATIONS AND EVALUATION INFRASTRUCTURE NEEDED TO COMPLIANTLY OPERATE A 501(C)(4) ALONGSIDE A PRIVATE FOUNDATION. ACTIVITIES INCLUDE ENGAGING EXPERTS TO ADVISE EXECUTIVE LEADERSHIP ON FEDERAL, STATE, AND LOCAL POLICY MATTERS, AS WELL AS ORGANIZATIONAL STRUCTURE AND REGULATORY COMPLIANCE. THE PROGRAM HAS ALSO CONVENED TEAMS ACROSS THE ORGANIZATION FOR GROUP LEARNING, PROBLEM-SOLVING AND DECISION-MAKING. THE INFRASTRUCTURE DEVELOPMENT PROGRAM HAS PRODUCED A DELIBERATE AND THOUGHTFUL PROCESS THAT POSITIONS THE FUND TO BE AN EFFECTIVE AND IMPACTFUL FUNDER IN THE EARLY CHILDHOOD POLICY ARENA.
EARLY CHILDHOOD ADVOCACY AND POLICY: BECAUSE THE FIRST FEW YEARS OF LIFE ARE CRITICALLY IMPORTANT AND CAN AFFECT LEARNING, BEHAVIOR AND HEALTH OVER AN ENTIRE LIFETIME, WE SUPPORT CHILDREN'S HEALTHY DEVELOPMENT AND LEARNING FROM BIRTH TO AGE 3. WE ENGAGE POLICY/ADVOCACY PARTNERS TO INCREASE PUBLIC FUNDING FOR PROGRAMS AND SERVICES FOR YOUNG CHILDREN AND FAMILIES. THIS WORK INCLUDES PUBLIC AWARENESS, POLICY IMPLEMENTATION GUIDANCE AND COALITION BUILDING. WE ALSO PROVIDE RESEARCH AND ANALYSIS TO ENSURE THAT POLICY GAPS ARE ADDRESSED, AND PUBLIC RESOURCES ARE EQUITABLY DISTRIBUTED. POLICY PARTNERS INTENTIONALLY CENTER THEIR WORK ON THE EXPERTISE AND EXPERIENCES OF FAMILIES, MENTAL HEALTH CARE SPECIALISTS, HEALTH CARE PROVIDERS, EARLY CHILDHOOD EDUCATORS AND FAMILY ENGAGEMENT SPECIALISTS. DURING FY 2021, WE COLLABORATED WITH THESE PARTNERS ON HOW FUNDING WOULD BE USED AND TO ALIGN ON POTENTIAL OUTCOMES. AS AN OUTCOME, THE FIRST GRANTS WERE ISSUED IN FY 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Daniels President | Officer | 2 | $16,301 |
Mae Cheung Secretary | Officer | 2 | $15,970 |
Angela Deeds Treasurer | Officer | 2 | $7,715 |
Andrew Curtis Director, Infor. Technology | 2 | $364 | |
Scott Renschler Director | Trustee | 1 | $0 |
Barbara Bainum Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $261,292 |
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 | $261,292 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $105,019 |
Compensation of current officers, directors, key employees. | $70,480 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,397 |
Pension plan accruals and contributions | $8,502 |
Other employee benefits | $11,276 |
Payroll taxes | $9,215 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,586 |
Fees for services: Accounting | $8,994 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $228,157 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $35,695 |
Royalties | $0 |
Occupancy | $14,306 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $726 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,822 |
All other expenses | $0 |
Total functional expenses | $490,695 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $994,188 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $219,820 |
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 | $124,859,597 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $126,073,605 |
Accounts payable and accrued expenses | $54,285 |
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 | $83,050 |
Total liabilities | $137,335 |
Net assets without donor restrictions | $125,936,270 |
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 | $0 |
Total liabilities and net assets/fund balances | $126,073,605 |
Organization Name | Assets | Revenue |
---|---|---|
Air Transport Association Of America Inc Washington, DC | $19,761,042 | $37,054,059 |
Community Action Committee Of The Lehigh Valley Inc Bethlehem, PA | $24,914,072 | $40,517,893 |
National League Of Cities Washington, DC | $36,340,571 | $16,690,289 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
Williamsburg Area Chamber Of Commerce Williamsburg, VA | $14,757,466 | $13,076,106 |
House Majority Forward Washington, DC | $4,051,593 | $12,002,258 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
Naiop Inc Herndon, VA | $24,051,800 | $11,820,157 |
Association Of Small Business Development Centers Burke, VA | $3,386,085 | $9,990,521 |
Real Estate Roundtable Inc Washington, DC | $4,544,529 | $7,445,927 |
American Seed Trade Association Alexandria, VA | $7,353,007 | $6,785,185 |
Virginia Association Of Realtors Richmond, VA | $25,601,642 | $9,283,805 |