North Fund
- Assets
- $43.5m
- Revenue
- $42.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 83-4011547
Organization Overview
North Fund is located in Washington, DC. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North 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.
For the year ending 12/2021, North Fund generated $42.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 66.2% each year . All expenses for the organization totaled $33.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, North Fund has awarded 121 individual grants totaling $45,985,254. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH FUND PARTNERS WITH COMMITTED COMMUNITY LEADERS TO HELP MAKE OUR COUNTRY A MORE JUST, FAIR, AND EQUITABLE PLACE TO LIVE, WORK, AND RAISE FAMILIES. IT FOCUSES ON SUPPORTING INNOVATIVE SOCIAL ENTREPRENEURSHIP, EDUCATIONAL INITIATIVES, AND ADVOCACY CAMPAIGNS THAT LIFT UP COMMUNITIES AND CREATE REAL AND LASTING CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY: NORTH FUND'S CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY PROGRAMS SUPPORT A RANGE OF INITIATIVES, INCLUDING PROTECTING AND EXPANDING ACCESS TO AFFORDABLE HEALTH CARE, SAFEGUARDING THE ENVIRONMENT FOR FUTURE GENERATIONS, AND ADVOCATING FOR LGBTQIA+ AND HUMAN RIGHTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Lehrich Project Advisor | 32 | $138,483 | |
Megan Lewis Project Director | 14 | $118,804 | |
Saurabh Gupta General Counsel | Officer | 1 | $19,895 |
Melanie Beller Secretary | OfficerTrustee | 1 | $0 |
Jim Gerstein President And Chair | OfficerTrustee | 1 | $0 |
Cristina Uribe Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elias Law Group Llc Legal Services | 12/30/21 | $738,698 |
Targeted Platform Media Llc Media, Advertising & Design Services | 12/30/21 | $622,305 |
Arabella Advisors Admin., Operations & Management Services | 12/30/21 | $551,809 |
Perkins Coie Llp Legal Services | 12/30/21 | $1,872,846 |
Spector Roh Strategies Project Management | 12/30/21 | $513,000 |
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 | $42,712,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,712,036 |
| 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 | $42,926,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,896,593 |
| 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. | $19,895 |
| Compensation of current officers, directors, key employees. | $17,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,534,360 |
| Pension plan accruals and contributions | $31,450 |
| Other employee benefits | $170,871 |
| Payroll taxes | $118,043 |
| Fees for services: Management | $882,440 |
| Fees for services: Legal | $2,886,409 |
| Fees for services: Accounting | $35,200 |
| Fees for services: Lobbying | $739,193 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,547,469 |
| Advertising and promotion | $12,559,957 |
| Office expenses | $59,622 |
| Information technology | $184,081 |
| Royalties | $0 |
| Occupancy | $113,876 |
| Travel | $35,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $519,101 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,123 |
| All other expenses | $0 |
| Total functional expenses | $33,387,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,017,276 |
| Pledges and grants receivable | $7,450,000 |
| 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 | $41,808 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,259 |
| Total assets | $43,517,343 |
| Accounts payable and accrued expenses | $2,570,215 |
| Grants payable | $6,090,500 |
| 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 | $8,660,715 |
| Net assets without donor restrictions | -$19,225 |
| Net assets with donor restrictions | $34,875,853 |
| 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 | $43,517,343 |
Grants Awarded
Over the last fiscal year, North Fund has awarded $10,875,343 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $1,900,000 |
Milwaukee, WI PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $1,000,000 |
Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $1,000,000 |
Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $1,000,000 |
Austin, TX PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $600,000 |
Cleveland, OH PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that North Fund has recieved totaling $20,704,320.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $12,870,870 |
Democracy Fund Voice Inc Washington, DC PURPOSE: Program support for Tech Justice Action Fund | $3,300,000 |
Sixteen Thirty Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $1,136,250 |
Democracy Fund Voice Inc Washington, DC PURPOSE: Program support for Fair Representation in Redistricting Action Fund | $1,000,000 |
Open Society Policy Center Inc New York, NY PURPOSE: SUPPORT POLICY ADVOCACY | $732,000 |
Way To Win Action Fund Incorporated Walnut, CA | | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Motor Vehicle Administrators Arlington, VA | $113,853,156 | $49,031,814 |
Metropolitan Washington Council Of Governments Washington, DC | $68,812,642 | $44,555,929 |
North Fund Washington, DC | $43,517,343 | $42,926,545 |
Cato Institute Washington, DC | $116,844,158 | $45,929,682 |
National Committee To Preserve Social Security And Medicare Washington, DC | $5,447,556 | $14,990,578 |
Reston Association Reston, VA | $43,721,869 | $19,863,227 |
Center Forward Mc Lean, VA | $3,661,131 | $18,823,440 |
Common Cause Education Fund Washington, DC | $24,182,815 | $19,591,561 |
Union Station Redevelopment Corp Washington, DC | $149,911,473 | $10,837,768 |
Club For Growth Washington, DC | $13,409,815 | $18,704,644 |
American Legislative Exchange Council Arlington, VA | $8,013,515 | $9,832,106 |
The Project On Government Oversight Inc Washington, DC | $10,347,584 | $8,659,768 |