Just Capital Foundation Inc

Organization Overview

Just Capital Foundation Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (V20) the organization is classified as: Social Science, under the broad grouping of Social Science and related organizations. As of 12/2021, Just Capital Foundation Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Just Capital 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 12/2021, Just Capital Foundation Inc generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $11.0m during the year ending 12/2021. While expenses have increased by 10.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

JUST CAPITAL'S MISSION IS TO BUILD A MORE JUST ECONOMY THAT WORKS FOR ALL AMERICANS BY HELPING COMPANIES IMPROVE HOW THEY SERVE ALL THEIR STAKEHOLDERS WORKERS, CUSTOMERS, COMMUNITIES, THE ENVIRONMENT, AND SHAREHOLDERS AS DEFINED BY THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

JUST CAPITAL IS THE ONLY INDEPENDENT NONPROFIT THAT TRACKS, ANALYZES, AND ENGAGES WITH LARGE CORPORATIONS AS WELL AS THEIR INVESTORS ON HOW THEY PERFORM ON THE PUBLIC'S PRIORITIES. OUR RESEARCH, RANKINGS, INDEXES, AND DATA-DRIVEN TOOLS EMPOWER ALL MARKET PARTICIPANTS TO HELP BUILD A MORE JUST ECONOMY. WE POLL AMERICANS EVERY YEAR TO IDENTIFY THE ISSUES THAT MATTER MOST IN DEFINING JUST BUSINESS BEHAVIOR TODAY. WE THEN DEFINE METRICS THAT MAP TO THOSE ISSUES AND TRACK AND ANALYZE THE LARGEST, PUBLICLY TRADED U.S. COMPANIES. SINCE 2015 WE'VE POLLED MORE THAN 150,000 AMERICANS ON THEIR PRIORITIES FOR CAPITALISM AND JUST BUSINESS BEHAVIOR. OUR SURVEY RESEARCH NOT ONLY PROVIDES A CLEAR ROADMAP FOR WHAT ISSUES MATTER MOST TO THE AMERICAN PUBLIC WHEN IT COMES TO JUST BUSINESS BEHAVIOR, BUT ALSO DETAILS TIMELY, RELEVANT INSIGHTS INTO AMERICAN SENTIMENTS INTO THE MOST CRITICAL ISSUES OF OUR TIME.IN 2021, WE TRACKED, ANALYZED, AND RANKED 954 COMPANIES ACROSS FIVE STAKEHOLDER GROUPS, 20 ISSUES, AND 241 DATA POINTS. OF THESE COMPANIES, 448 REGISTERED FOR OUR CORPORATE PORTAL AND 320 ENGAGED WITH OUR DATA REVIEW PERIOD. WE WORKED WITH OVER 50 COMPANIES TO HELP THEM IMPROVE THEIR STAKEHOLDER PERFORMANCE. OUR ANNUAL RANKINGS OF AMERICA'S MOST JUST COMPANIES SHOWCASED THE COMPANIES AT THE FOREFRONT OF STAKEHOLDER-DRIVEN LEADERSHIP, TRACKING HOW CORPORATE LEADERS DELIVERED VALUE TO ALL THEIR STAKEHOLDERS INCLUDING THEIR WORKERS, CUSTOMERS, COMMUNITIES, SHAREHOLDERS, AND THE ENVIRONMENT. IN 2021, WE LAUNCHED A NEW, EXPANSIVE PARTNERSHIP WITH CNBC WHICH INCLUDES THE EXCLUSIVE RIGHTS TO PUBLISH THE JUST 100 LIST OF COMPANIES LEADING OUR RANKING OF AMERICA'S MOST COMPANIES, AS WELL AS ONGOING PROFILES AND SEGMENTS THAT ELEVATE ESG DATA AND STAKEHOLDER METRICS ON PAR WITH TRADITIONAL FINANCIAL METRICS TO DEFINE WHAT GOOD LOOKS LIKE REGARDING CORPORATE PERFORMANCE TODAY. IN ADDITION TO THE RANKINGS, THROUGHOUT 2021 WE BUILT OUT DATA-DRIVEN INSIGHTS AND PROGRAMMATIC INITIATIVES, PARTNERSHIPS, AND PRODUCTS TO DIRECTLY ENCOURAGE AND SUPPORT CORPORATIONS TO ADOPT BUSINESS PRACTICES THAT ADVANCE A STAKEHOLDER MODEL OF CAPITALISM. BELOW ARE KEY HIGHLIGHTS: ADVANCING RACIAL EQUITY: THROUGH THE COUNTRY'S ONGOING RECKONING WITH RACIAL INJUSTICE, COMPANIES HAVE PLEDGED BILLIONS TOWARD ADVANCING RACIAL EQUITY, SETTING COMMITMENTS AND GOALS AND STARTING NEW INITIATIVES. IN 2021, WE FOCUSED ON TRACKING HOW COMPANIES WERE PERFORMING AGAINST THESE COMMITMENTS, LAUNCHING OUR CORPORATE RACIAL EQUITY TRACKER TO MONITOR POLICIES AND PRACTICES AND A SUPPORTING SERIES OF SPOTLIGHTS TO HELP COMPANIES TAKE ACTION ON KEY ISSUES FROM PAY EQUITY TO BOARD DIVERSITY. WE ALSO LAUNCHED THE CORPORATE RACIAL EQUITY ALLIANCE ALONGSIDE POLICYLINK AND FSG, PUBLISHING THE 2021 CEO BLUEPRINT FOR RACIAL EQUITY. WITH THE ALLIANCE, WE STARTED TO DEVELOP NEW CORPORATE PERFORMANCE STANDARDS TO SET THE BAR FOR WHAT GOOD LOOKS LIKE, EMBED ACCOUNTABILITY, AND ESTABLISH CONSISTENCY IN HOW CORPORATIONS APPROACH EQUITY. SUPPORTING WORKER FINANCIAL WELLNESS: AFTER LAUNCHING THE WORKER FINANCIAL WELLNESS INITIATIVE IN 2020 WITH PAYPAL, THE FINANCIAL HEALTH NETWORK, AND THE GOOD JOBS INSTITUTE, WE SPENT 2021 BUILDING A COHORT OF PARTICIPATING COMPANIES AMONG THEM, CHIPOTLE, CHOBANI, PRUDENTIAL, AND VERIZON AND CREATING A COMMUNITY OF PRACTICE AND LEARNING AMONG PARTICIPANTS. WE ALSO WORKED TO CONTINUE ELEVATING THE IMPORTANCE OF A LIVING WAGE AS A PAY BENCHMARK AND, GOING FORWARD, ARE LOOKING TO ENSURE THAT THE STRIDES MADE TO RECOGNIZE WORKERS' FINANCIAL NEEDS DURING THE PANDEMIC LAST OVER THE LONG TERM. DEMONSTRATING THE INVESTOR CASE: JUST CAPITAL ALSO HELPS DRIVE CAPITAL TOWARD MORE JUST COMPANIES THROUGH DEVELOPING INVESTMENT PRODUCTS, CONVENING ESG INVESTORS FOR TIMELY CONVERSATIONS, AND DEMONSTRATING THE CONNECTION BETWEEN STAKEHOLDER PERFORMANCE AND MARKET PERFORMANCE. AS OF 2021, OUR SUITE OF PRODUCTS REPRESENTED A TOTAL OVER $425 MILLION IN AUM ACROSS 11 DIFFERENT INVESTMENT PRODUCTS USING JUST CAPITAL DATA. OUR FLAGSHIP JUST ETF WAS ALSO AWARDED MORNINGSTAR ANALYST'S RATING OF BRONZE IN 2021. WE PARTNERED WITH GOLDMAN SACHS ASSET MANAGEMENT, BLACKROCK, LORD ABBETT, MORGAN STANLEY INVESTMENT MANAGEMENT, AND VANGUARD IN 2021 TO DEVELOP A QUESTIONNAIRE THAT OPENS A CONSTRUCTIVE AND VOLUNTARY DIALOGUE BETWEEN ASSET MANAGERS AND MUNICIPAL BOND ISSUERS ON CRITICAL SOCIAL ISSUES TO IMPROVE DISCLOSURE AND TRANSPARENCY ON TOPICS RELATED TO RACIAL EQUITY AND INCLUSION.WEIGHING IN ON KEY ESG ISSUES: OUR 2021 SURVEY RESEARCH HELPED TO HIGHLIGHT WHAT ISSUES AMERICANS AGREE COMPANIES SHOULD ADD TO THEIR ESG AGENDAS AND WHAT OTHERS SHOULD RISE IN IMPORTANCE. WE ANALYZED THE STATE OF CORPORATE DISCLOSURE ON THESE ISSUES, INCLUDING HUMAN CAPITAL METRICS AND CLIMATE COMMITMENTS. UNDER A NEW ADMINISTRATION, WE WEIGHED IN ON NEW AND EMERGING ESG PUBLIC POLICY MEASURES INCLUDING THE U.S. SECURITIES AND EXCHANGE COMMISSION'S MOVE TO MANDATE CLIMATE RISK DISCLOSURE IN ANNUAL REPORTING. NAVIGATING COVID-19'S CONTINUED IMPACT: AS THE PANDEMIC EVOLVED THROUGHOUT 2021, WE TURNED OUR FOCUS TO ITS LONG-TERM EFFECTS ON THE NATION'S WORKFORCE. WE POLLED THE AMERICAN PUBLIC TO LEARN WHAT THEY WANTED TO SEE COMPANIES PRIORITIZE TO HIRE IN A TIGHT LABOR MARKET AND TO SUPPORT THEIR EMPLOYEES FACING CAREGIVING CHALLENGES. WE ALSO EXAMINED HOW BOTH WORKERS AND MANAGEMENT FELT ABOUT WORKPLACE HEALTH AND SAFETY MEASURES AND PROVIDED GUIDANCE FOR COMPANIES IN APPROACHING REMOTE WORK, DEPENDENT CARE, AND PAID SICK LEAVE OVER THE LONG TERM. OVERALL 2021 HIGHLIGHTS INCLUDE: 213 PRESS HIGHLIGHTS 178 EDITORIAL BYLINES 1,150,000 PAGEVIEWS 278 DONORS OVER $300,000 RAISED FOR THE DEEPAK CHOPRA SCHOLARS FUND MORE THAN $400,000 IN GIVING TUESDAY CONTRIBUTIONSJUST CAPITAL POLLING HAS SHOWN A GROWING DESIRE FOR ACCOUNTABILITY, TRANSPARENCY, AND ACTION FROM CORPORATE AMERICA. THROUGHOUT THE COMING YEAR, JUST'S RESEARCH, POLLING, ANALYSIS, AND PROGRAMS WILL WORK TO INCENTIVIZE, GUIDE, AND SUPPORT COMPANIES' EFFORTS TO REBUILD TRUST WITH THEIR STAKEHOLDERS. WE'LL BE ESPECIALLY FOCUSED ON WORKERS, HELPING ENSURE ALL JOBS OFFER FAIR PAY, OPPORTUNITY FOR GROWTH, AND A FOCUS ON EQUITY FOR EMPLOYEES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cfo Solutions Llc
Accounting Services
$135,000
Bbmg Holdings Llc
Marketing
$200,000
Joy Marie Sever
Survey Research
$133,325
View All Vendors

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$10,840,875
Noncash contributions included in lines 1a–1f $130,072
Total Revenue from Contributions, Gifts, Grants & Similar$10,840,875
Total Program Service Revenue$260,701
Investment income $2,278
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 $11,131,024

Grants Awarded

Over the last fiscal year, Just Capital Foundation Inc has awarded $947,708 in support to 8 organizations.

Grant RecipientAmount

FINANCIAL HEALTH NETWORK

Org PageRecipient Profile

Chicago, IL

PURPOSE: WORKER FINANCIAL WELLNESS INITIATIVE

$281,000

Berwyn, PA

PURPOSE: IMPERATIVE 21

$272,206

GOOD JOBS INSTITUTE

Org PageRecipient Profile

Cambridge, MA

PURPOSE: WORKER FINANCIAL WELLNESS INITIATIVE

$159,000

New York, NY

PURPOSE: IMPERATIVE 21 WORK

$155,502

Oakland, CA

PURPOSE: IMPERATIVE 21

$20,000

GLOBAL IMPACT INVESTING NETWORK INC

Org PageRecipient Profile

New York, NY

PURPOSE: IMPERATIVE 21

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Just Capital Foundation Inc has recieved totaling $2,222,491.

Awarding OrganizationAmount
Ford Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$600,000
G&e Dubin Fam Foundation Tr

New York, NY

PURPOSE: CHARITABLE ORGANIZATION

$400,000
Ford Foundation

New York, NY

PURPOSE: CORE SUPPORT FOR THE IMPERATIVE 21 COALITION, A COALITION OF ORGANIZATIONS WORKING TO ADVANCE STAKEHOLDER CAPITALISM WHILE ALSO PURSUING SUSTAINABLE DEVELOPMENT GOALS IN ORDER TO STEWARD NATURAL AND SOCIAL SYSTEMS

$365,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Sciences

$200,000
Annie E Casey Foundation

Baltimore, MD

PURPOSE: SUPPORT CORPORATE RANKING AND ENGAGEMENT STRATEGIES TO IMPROVE WORKPLACE PRACTICES FOR YOUNG WORKERS

$150,000
Volo Foundation

West Palm Beach, FL

PURPOSE: GENERAL

$150,000
View Grant Recipient Profile

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