Barnes & Thornburg Llp Racial And Social Justice Foundation Inc
- Assets
- $17.9k
- Revenue
- $291.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- Data as of
- 12/2021
- EIN
- 85-2490076
Organization Overview
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 12/2021, Barnes & Thornburg Llp Racial And Social Justice Foundation Inc generated $291.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $300.0k during the year ending 12/2021. While expenses have increased by 22.5% per year over the past 2 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 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 SIX 501(C)(3) ORGANIZATIONS DURING 2021. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie A Lahn President | OfficerTrustee | 1 | $0 |
Allen Baum Vice President | OfficerTrustee | 1 | $0 |
Michael Carrillo Secretary | OfficerTrustee | 1 | $0 |
Steven Merkel Treasurer | OfficerTrustee | 1 | $0 |
Roscoe Howard Director | Trustee | 1 | $0 |
Robert Grand 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 | $291,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $291,442 |
| Total Program Service Revenue | $0 |
| Investment income | $232 |
| 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 | $291,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300,000 |
| 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 | $300,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,917 |
| 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 | $17,917 |
| 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 | $17,917 |
| 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 | $17,917 |
Grants Awarded
Over the last fiscal year, Barnes & Thornburg Llp Racial And Social Justice Foundation Inc has awarded $300,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: General support | $50,000 |
Fort Wayne, IN PURPOSE: General support | $50,000 |
New York, NY PURPOSE: General support | $50,000 |
Chicago, IL PURPOSE: General support | $50,000 |
Lansing, MI PURPOSE: General support | $50,000 |
Durham, NC PURPOSE: General support | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Korean American Service And Education Consortium Inc Chicago, IL | $2,513,164 | $3,044,351 |
South Suburban Housing Center Homewood, IL | $1,073,106 | $883,884 |
Mid-States Minority Supplier Development Council Indianapolis, IN | $1,698,350 | $1,227,768 |
Changing Worlds Chicago, IL | $352,934 | $1,152,723 |
Forward Through Ferguson Saint Louis, MO | $989,725 | $1,022,722 |
Life After Hate Inc Wauwatosa, WI | $464,073 | $1,027,690 |
Blackroots Alliance Chicago, IL | $2,728,460 | $1,844,936 |
Springboard To Learning Inc St Louis, MO | $3,064,390 | $1,635,300 |
Metro Organization For Racial And Economic Equity Inc Kansas City, MO | $412,701 | $554,314 |
Louisville Youth Group Inc Louisville, KY | $140,177 | $389,637 |
Barnes & Thornburg Llp Racial And Social Justice Foundation Inc Indianapolis, IN | $17,917 | $291,684 |
Illinois Legislative Black Caucus Foundation Springfield, IL | $686,185 | $542,891 |