Peace Development Fund Inc
- Assets
- $2.9m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Amherst, MA
- Founding
- 05/1982
- Data as of
- 06/2022
- EIN
- 04-2738794
Organization Overview
Peace Development Fund Inc is located in Amherst, MA. The organization was established in 1982. According to its NTEE Classification (Q41) the organization is classified as: Arms Control & Peace, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Peace Development Fund Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace Development Fund 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 06/2022, Peace Development Fund Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $5.9m during the year ending 06/2022. While expenses have increased by 11.9% per year over the past 7 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 2015, Peace Development Fund Inc has awarded 487 individual grants totaling $22,722,445. 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
PROMOTION OF PEACE AND SOCIAL JUSTICE. PEACE DEVELOPMENT FUND IS A PUBLIC FOUNDATION THAT PARTNERS WITH COMMUNITY BASED ORGANIZATIONS AND SOCIAL JUSTICE MOVEMENTS TO PROVIDE GRANTS, TRAINING AND EDUCATIONAL RESOURCES, WORKING WITH DONORS AND GRANTEES TO BUILD A PEACEFUL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COMMUNITY ORGANIZING GRANTS ARE PDFS OPEN DOOR TO ANY AND ALL WHO WISH TO APPLY. THROUGH THESE PROGRAMS WE ARE ABLE TO MAKE SMALL GRANTS TO COMMUNITY ORGANIZATIONS WORKING ON ISSUES OF SOCIAL JUSTICE, INCLUDING ENVIRONMENTAL JUSTICE, ECONOMIC JUSTICE, PEACE, HUMAN HEALTH & WELFARE IN AREAS OF THE COUNTRY WHERE THERE ARE FEW GRANT MAKING RESOURCES SUCH AS IOWA, SOUTH DAKOTA, LOUISIANA OR THE SOUTHWEST. COMMUNITY ADVISED, DESIGNATED GRANTS AND DONOR ADVISED FUNDS BRING DONORS, GRASSROOTS ORGANIZERS AND FUNDERS TOGETHER FOR GRANTMAKING AND COMMUNITY BUILDING, STRENGTHENING RELATIONSHIPS ACROSS SECTORS OF THE SOCIAL JUSTICE MOVEMENTS. PDF REGARDS FISCAL SPONSORSHIPS AS A NATURAL EXTENSION OF OUR MISSION AND PROGRAM, AND WE WORK WITH ON AVERAGE NU FISCALLY SPONSORED GROUPS. WITH OFFICES IN CALIFORNIA AND MASSACHUSETTS, WE ARE ABLE TO OFFER FISCAL SPONSORSHIP TO GROUPS ACROSS THE US AND THOSE BASED IN THE US AND WORKING INTERNATIONALLY. 128 TOTAL GRANTS WERE MADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Haible Chief Executive Officer | Officer | 50 | $90,458 |
Teresa Juarez President | OfficerTrustee | 1 | $0 |
Tina Reynolds Secretary | OfficerTrustee | 1 | $0 |
Ali El-Issa Treasurer | OfficerTrustee | 1 | $0 |
Yi Chun Tricia Lin Director | Trustee | 1 | $0 |
Esmeralda V Brown Director | Trustee | 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 | $4,956,141 |
| Noncash contributions included in lines 1a–1f | $176,245 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,956,141 |
| Total Program Service Revenue | $345,051 |
| Investment income | $8,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,850 |
| Net Gain/Loss on Asset Sales | $21,494 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,340,102 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,301,056 |
| 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. | $90,548 |
| Compensation of current officers, directors, key employees. | $13,582 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $264,794 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,088 |
| Payroll taxes | $29,597 |
| 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 | $6,253 |
| Fees for services: Other | $45,231 |
| Advertising and promotion | $5,297 |
| Office expenses | $6,824 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,900 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,436 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,397 |
| Insurance | $9,437 |
| All other expenses | $16,222 |
| Total functional expenses | $5,937,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,584,747 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,108 |
| 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 | $5,255 |
| Net Land, buildings, and equipment | $232,373 |
| Investments—publicly traded securities | $1,121,709 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,945,192 |
| Accounts payable and accrued expenses | $1,419 |
| Grants payable | $454,131 |
| 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 | $455,550 |
| Net assets without donor restrictions | $1,152,651 |
| Net assets with donor restrictions | $1,336,991 |
| 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 | $2,945,192 |
Grants Awarded
Over the last fiscal year, Peace Development Fund Inc has awarded $4,873,107 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
WHOSE KNOWLEDGE PURPOSE: General Support | $796,630 |
RESTORING JUSTICE FOR INDIGENOUS PURPOSE: Criminal Justice | $618,191 |
BELOVED ECONOMIES PURPOSE: Economic Justice | $529,925 |
I AM WHY PURPOSE: Youth Programs | $394,202 |
LIGHTHOUSE FOUNDATION OF CHICAGO PURPOSE: Racial Justice | $347,277 |
SOUTHERN FARM LAB PURPOSE: Food Justice | $293,380 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peace Development Fund Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Quarterman & Keller Foundation Inc Savannah, GA PURPOSE: TO FUND BLACK ORGANIZING FOR LEADERSHIP AND DIGNITY (BOLD) IN PARTNERSHIP WITH A BLACK-LED FOOD JUSTICE ORGANIZATION BECOMING THE CO-STEWARDS FOR 105 ACRES OF FARMLAND IN GEORGIA | $10,000 |
Endowment Analysis
| Beg. Balance | $103,857 |
| Earnings | -$233 |
| Admin Expense | $1,187 |
| Net Contributions | $10,876 |
| Grants | $5,500 |
| Ending Balance | $107,813 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peace Development Fund Inc Amherst, MA | $2,945,192 | $5,340,102 |
World Conference Of Religions For Peace Inc New York, NY | $10,383,172 | $4,042,244 |
Conflict Dynamics International Inc Cambridge, MA | $1,444,286 | $1,849,198 |
Engaging Schools Inc Cambridge, MA | $1,507,591 | $1,219,596 |
A J Muste Memorial Institute New York, NY | $19,134,027 | $874,105 |
Global Health Partners Inc New York, NY | $701,399 | $1,189,641 |
Elie Wiesel Foundation For Humanity Inc New York, NY | $11,330,208 | $1,619,288 |
May Peace Prevail On Earth International Inc Wassaic, NY | $919,786 | $761,553 |
Womens Federation For World Peace Inc New York, NY | $374,790 | $426,718 |
International Physicians For The Prevention Of Nuclear War Malden, MA | $741,321 | $377,849 |
Earthaction Alerts Network Amherst, MA | $28,932 | $162,742 |
Global Security Institute New York City, NY | $10,841 | $0 |