Barnes & Thornburg Llp Racial And Social Justice Foundation Inc is located in Indianapolis, IN. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barnes & Thornburg Llp Racial And Social Justice Foundation Inc 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, Barnes & Thornburg Llp Racial And Social Justice Foundation Inc generated $330.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $250.0k during the year ending 12/2022. While expenses have increased by 7.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Barnes & Thornburg Llp Racial And Social Justice Foundation Inc has awarded 15 individual grants totaling $750,000. 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 BARNES & THORNBURG LLP RACIAL AND SOCIAL JUSTICE FOUNDATION INC. IS COMMITTED TO PROMOTING, ADVOCATING, AND EFFECTING RACIAL AND SOCIAL JUSTICE IN OUR LOCAL COMMUNITIES AND NATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BARNES & THORNBURG LLP RACIAL AND SOCIAL JUSTICE FOUNDATION INC., A NONPROFIT 501(C)(3) ORGANIZATION, WAS ESTABLISHED IN 2020 TO COMBAT RACISM AND SOCIAL INJUSTICE. PARTNERS AND STAFF OF BARNES & THORNBURG LLP (APPROXIMATELY 1,000 INDIVIDUALS) CONTRIBUTED FUNDING, WHICH WAS USED TO MAKE GRANTS TO FIVE 501(C)(3) ORGANIZATIONS DURING 2022. THE BARNES & THORNBURG LLP RACIAL AND SOCIAL JUSTICE FOUNDATION INC. INTENDS TO DO MORE THAN JUST MAKE GRANTS. THE FOUNDATION WILL ENGAGE IN THE DOZEN COMMUNITIES IN WHICH BARNES & THORNBURG LLP OPERATES AND LOOKS FOR WAYS TO PROMOTE DIALOGUE, VOLUNTEERISM AND COMMUNITY SPIRIT THROUGH PROJECTS THAT CAN HELP IMPROVE SOCIAL JUSTICE AND RACIAL EQUALITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roscoe Howard Director | Trustee | 1 | $0 |
Robert Grand Director | Trustee | 1 | $0 |
Dawn Rosemond Director | Trustee | 1 | $0 |
Connie A Lahn President | OfficerTrustee | 1 | $0 |
Allen Baum Vice President | OfficerTrustee | 1 | $0 |
Michael Carrillo Secretary | OfficerTrustee | 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 | $329,716 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $329,716 |
Total Program Service Revenue | $0 |
Investment income | $861 |
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 | $330,577 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $250,000 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $98,494 |
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 | $98,494 |
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 | $98,494 |
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 | $98,494 |
Over the last fiscal year, Barnes & Thornburg Llp Racial And Social Justice Foundation Inc has awarded $250,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
THE BOSTON HIGHER EDUCATION RESOURCE CENTER INC PURPOSE: General support | $50,000 |
ZORA'S HOUSE INC PURPOSE: General support | $50,000 |
PROJECT NEW START INC PURPOSE: General support | $50,000 |
RISE URBAN LEADERSHIP INSTITUTE OF SAN DIEGO PURPOSE: General support | $50,000 |
BURIED ALIVE PROJECT PURPOSE: General support | $50,000 |