Partnership For A New American Economy Research Fund Inc
- Assets
- $0.0
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 32-0325450
Organization Overview
Partnership For A New American Economy Research Fund Inc is located in Washington, DC. The organization was established in 2012. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For A New American Economy Research 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 12/2021, Partnership For A New American Economy Research Fund Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 5.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY ACTIVITY OF PARTNERSHIP FOR A NEW ECONOMY RESEARCH FUND (PNAERF) IS TO INFORM THE PUBLIC ABOUT THE ECONOMIC MERITS OF REFORMING UNITED STATES IMMIGRATION POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, PARTNERSHIP FOR A NEW AMERICAN ECONOMY RESEARCH FUND (PNAERF) FUNDED VARIOUS ACTIVITIES TO SUPPORT ITS MISSION TO INFORM THE PUBLIC ABOUT THE ECONOMIC MERITS OF IMMIGRATION AND THE COSTS OF MAINTAINING THE CURRENT SYSTEM. THESE ACTIVITIES INCLUDED THE FOLLOWING: RESEARCH AND REPORTS, WHICH WERE MADE AVAILABLE TO THE PUBLIC ON THE INTERNET. A COVID-19 AND IMMIGRATION PORTAL DETAILING HOW THE PANDEMIC IMPACTS IMMIGRANT COMMUNITIES AND HOW THOSE COMMUNITIES CONTRIBUTE ON THE FRONT LINES, AN UPDATED CITIES INDEX MEASURING HOW WELL THE TOP 100 CITIES ARE INTEGRATNG IMMIGRANTS, DATA INTERACTIVES INCLUDING VISUALIZATIONS ON IMMIGRANTS IN AGRICULTURE AND FORTUNE 500 COMPANIES OWNED BY IMMIGRANTS, AND OTHER NATIONAL, REGIONAL AND LOCAL STUDIES. PNAERF ALSO LAUNCHED NEW ARTS AND CULTURE PROGRAMMING, INCLUDING: THE NAE FILM CLUB, THE NAE LIT CLUB AND THE YOUTH UNITY PROGRAM, A CAPSULE CURRICULUM DEVELOPED IN PARTNERSHIP WITH THE YMCA TO EDUCATE YOUTH ABOUT THE IMMIGRATION SYSTEM AND COMMUNICATING ACROSS DIFFERENT BACKGROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Mcinerney Treasurer | OfficerTrustee | 1 | $0 |
John Feinblatt President & Director | OfficerTrustee | 1 | $0 |
Jeremy Robbins Secretary & Director | OfficerTrustee | 3 | $0 |
Marc La Vorgna Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Venable Llp Legal Services | 12/30/21 | $175,740 |
Geller And Company Llc Financial & Advisory Services | 12/30/21 | $443,485 |
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 | $2,102,320 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,102,320 |
| 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 | $2,102,379 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $119,000 |
| 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 | $179,632 |
| Fees for services: Accounting | $443,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $43,200 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,322 |
| Advertising and promotion | $42,850 |
| Office expenses | $1,127 |
| Information technology | $19,965 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,498 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,385 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,277 |
| Insurance | $16,444 |
| All other expenses | $0 |
| Total functional expenses | $2,308,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Partnership For A New American Economy Research Fund Inc has awarded $119,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF AUSTIN PURPOSE: TO LEAD AND OPERATE A RESEARCH PROJECT INCLUDING DATA COLLECTION AND SURVEYING BLACK, LATINX AND IMMIGRANT COMMUNITIES IN AUSTIN AS IT PERTAINS TO THE IMPACT OF THE COVID-19 PANDEMIC | $20,000 |
CITY AND COUNTY OF DENVER MANAGER OF FINANCE PURPOSE: TO LEAD AND OPERATE A RESEARCH PROJECT INCLUDING DATA COLLECTION AND SURVEYING BLACK, LATINX AND IMMIGRANT COMMUNITIES IN DENVER AS IT PERTAINS TO THE IMPACT OF THE COVID-19 PANDEMIC | $20,000 |
Atlanta, GA PURPOSE: TO LEAD AND OPERATE A RESEARCH PROJECT INCLUDING DATA COLLECTION AND SURVEYING BLACK, LATINX AND IMMIGRANT COMMUNITIES IN GEORGIA AS IT PERTAINS TO THE IMPACT OF THE COVID-19 PANDEMIC | $20,000 |
CITY OF TULSA PURPOSE: TO LEAD AND OPERATE A RESEARCH PROJECT INCLUDING DATA COLLECTION AND SURVEYING BLACK, LATINX AND IMMIGRANT COMMUNITIES IN TULSA AS IT PERTAINS TO THE IMPACT OF THE COVID-19 PANDEMIC | $20,000 |
LOUISVILLE-JEFFERSON COUNTRY METRO GOVERNMENT PURPOSE: TO SUPPORT LOCAL COMMUNITIES TO IMPLEMENT DISASTER PREPAREDNESS AND RESILIENCE STRATEGIES IN RESPONSE TO THE COVID-19 PANDMIC | $20,000 |
Brooklyn, NY PURPOSE: FOR PLANNING AND EXECUTION OF THE NEW AMERICAN FELLOWS PILOT PROGRAM. | $19,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Partnership For A New American Economy Research Fund Inc has recieved totaling $529,250.
| Awarding Organization | Amount |
|---|---|
Foundation To Promote Open Society New York, NY PURPOSE: TO PROVIDE GENERAL SUPPORT | $238,000 |
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $111,000 |
Chavez Family Foundation San Francisco, CA PURPOSE: GENERAL PURPOSE | $75,000 |
Foundation To Promote Open Society New York, NY PURPOSE: TO SUPPORT THE COORDINATION OF STATE AND LOCAL GOVERNMENTS RAPID AND LONG-TERM RESPONSES TO IMMIGRANT AND REFUGEE COMMUNITIES | $50,000 |
| $25,000 | |
The Community Foundation Boulder, CO PURPOSE: General operating support | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Operations Research And The Management Sciences Catonsville, MD | $26,434,538 | $15,117,457 |
Economic Policy Institute Washington, DC | $19,510,723 | $16,459,436 |
Washington Center For Equitable Growth Inc Washington, DC | $11,979,868 | $8,578,592 |
The Economic Club Of Washington Dc Washington, DC | $12,647,182 | $5,525,813 |
Better Markets Inc Washington, DC | $2,865,112 | $2,225,155 |
Partnership For A New American Economy Research Fund Inc Washington, DC | $0 | $2,102,379 |
The Institute For Financial Markets Washington, DC | $6,341,875 | $527,039 |
Virginia Council On Economic Education Richmond, VA | $1,591,140 | $909,613 |
Maryland Center On Economic Policy Inc Baltimore, MD | $515,217 | $676,248 |
International Freedom Educational Foundation Mc Lean, VA | $100,274 | $526,748 |
Council On Economic Education In Maryland Towson, MD | $797,975 | $596,282 |
Project Invest Alexandria, VA | $643,258 | $522,186 |