2024-03-21T13:54:27-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 812508655 THE HOW INSTITUTE FOR SOCIETY HOWI 6468622050 82 NASSAU STREET 60602 NEW YORK NY 10038 AMY ROSEN MANAGING DIRECTOR 9738092302 2024-03-21 1 AMY ROSEN XXX-XX-XXXX 1 GARRETT M HIGGINS P00543209 9143818900 2024-03-20 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DOV SEIDMAN 82 NASSAU STREET 60602 NEW YORK NY 10038 2860607 0 X THEHOWINSTITUTE.ORG X 2016 DE TO INCREASE AND IMPROVE PEOPLE'S ETHICS BY SPREADING THIS PHILOSOPHICAL FRAMEWORK TO THE PUBLIC. 8 8 16 8 0 0 720020 1000000 460247 995232 180 22294 0 0 1180447 2017526 0 0 0 0 1334946 1463968 0 0 26165 883397 1201004 2218343 2664972 -1037896 -647446 3374657 2946845 380712 599802 2993945 2347043 X THE HOW INSTITUTE FOR SOCIETY SEEKS TO BUILD AND NURTURE A CULTURE OF MORAL LEADERSHIP, PRINCIPLED DECISION-MAKING AND VALUES-BASED BEHAVIOR THAT ENABLES INDIVIDUALS AND INSTITUTIONS TO MEET THE PROFOUND SOCIAL, ECONOMIC, AND TECHNOLOGICAL CHANGES OF THE 21ST CENTURY TO ELEVATE HUMANITY.DURING THE YEAR, WE RUN A GLOBAL FELLOWSHIP PROGRAM IN THE SPRING AND FALL 0 0 1786150 0 995232 "THE NXT-GEN FELLOWSHIP IS AN ACCELERATOR FOR EMERGING ORGANIZATIONAL LEADERS NAVIGATING OUR INCREASINGLY INTERDEPENDENT AND MORALLY ACTIVATED WORLD. DRAWING ON LESSONS FROM HISTORY, CURRENT EVENTS, AND MORAL PHILOSOPHY, FELLOWS WRESTLE WITH THE PRINCIPLES, NUANCES, AND APPLICATIONS OF THE PILLARS AND PRACTICES OF MORAL LEADERSHIP THROUGH DISCUSSIONS, READINGS, VIDEOS, WORKSHOPS, CASE STUDIES, AND GUEST SPEAKERS.THE HIGHLY INTERACTIVE CURRICULUM IS ORGANIZED AROUND SEVEN KEY MORAL LEADERSHIP PRACTICES AND IS PUT INTO ACTION THROUGH A PRACTICUM PROJECT WHICH CHALLENGES FELLOWS TO APPLY MORAL LEADERSHIP MINDSETS, IDEAS, AND PRACTICES TO A CURRENT CRITICAL WORK PROJECT. SUPPORTED BY SMALL GROUP COACHING, INTENTIONAL COMMUNITY BUILDING SESSIONS, AND A TOOLKIT OF PRACTICAL ACTIVITIES, FELLOWS EMERGE FROM THE PROGRAM BOTH EQUIPPED AND CONNECTED, INSPIRED TO CONTINUE AND SCALE THEIR MORAL LEADERSHIP JOURNEYS WITHIN THEIR ORGANIZATIONS AND BEYOND." 1786150 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 0 0 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X X AMY ROSEN 9738092302 82 NASSAU STREET 60602 NEW YORK NY 10038 DOV SEIDMAN EXECUTIVE CHAIRMAN 5.00 X X 0 0 0 ANGELA AHRENDTS DBE DIRECTOR 1.00 X 0 0 0 AJAY BANGA DIRECTOR 1.00 X 0 0 0 CHIP BERGH DIRECTOR 1.00 X 0 0 0 NANCY GIBBS DIRECTOR 1.00 X 0 0 0 PAUL POLMAN DIRECTOR 1.00 X 0 0 0 ADMIRAL JAMES STAVRIDIS DIRECTOR 1.00 X 0 0 0 DARREN WALKER DIRECTOR 1.00 X 0 0 0 AMY ROSEN CARDEN MANAGING DIRECTOR/SPECIAL 40.00 X 154705 0 0 KELLY BUZBY DIRECTOR OF COMMUNICATIONS 40.00 X 179136 0 419 MAX COHEN PROGRAM MANAGER 40.00 X 115567 0 2083 KATHLEEN DALEY DIRECTOR OF ENGAGEMENT 40.00 X 170000 0 419 YOUNG RHEE STRATEGY AND PROGRAM ADVISOR 40.00 X 181838 0 1465 801246 0 4386 5 0 1 0 0 1000000 1000000 LEADERSHIP PARTICIPATI 561000 995232 995232 995232 25375 25375 840000 843081 -3081 -3081 -3081 2017526 995232 0 22294 X 154705 123764 30941 1088958 746184 342774 116893 74427 42466 103412 74835 28577 2965 2965 80594 80594 614513 522492 68221 23800 64052 64052 31857 14314 17543 49677 34121 13509 2047 7322 7322 51553 51553 60 60 6360 5088 954 318 7509 7509 FELLOWSHIP EVENT COSTS 141973 138232 3741 STAFF RECRUITMENT 141285 141285 DUES AND MEMBERSHIPS 1284 1140 144 2664972 1786150 852657 26165 222959 285248 500000 825000 11330 10809 25742 14858 8244 10884 2632124 1814904 3374657 2946845 30712 249802 350000 350000 380712 599802 X 2543945 1597043 450000 750000 2993945 2347043 3374657 2946845 -647446 544 0 X X 0 1 X 1 0 X 1226338 150025 758741 720020 1000000 3855124 1226338 150025 758741 720020 1000000 3855124 3339486 515638 14254 24480 1001 25375 65110 3920234 1854739 0.13150 X "TREASURY REGULATION SECTION 1.170A-9(E)(3) PROVIDES THAT, NOTWITHSTANDING AN ORGANIZATION'S NOT SATISFYING THE 33 1/3 PERCENT PUBLIC SUPPORT TEST, IT CAN STILL QUALIFY AS A PUBLIC CHARITY IF ITS PUBLIC SUPPORT PERCENTAGEIS NORMALLY AT LEAST TEN (10) PERCENT, AND IT MEETS THE FACTS AND CIRCUMSTANCE TEST IN THIS CONTEXT. IT IS REQUIRED THAT AN ORGANIZATION MUST BE SO ORGANIZED AND OPERATED AS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS WHICH IN TURN REQUIRES THAT THE ORGANIZATION MAINTAIN A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS."THE HOW INSTITUTE SATISFIED THE PUBLIC SUPPORT TEST FOR THE 2022 TAX YEAR. SPECIFICALLY, THE HOW INSTITUTE SATISFIED THE 10% PLUS FACTS AND CIRCUMSTANCES TEST SET FORTH IN TREASURY REGULATIONS 1.170A-9(F)(3).IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.170A-9(F)(3), THE HOW INSTITUTE IS PUBLICLY SUPPORTED BECAUSE IT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, THAT IS, ITS PUBLIC SUPPORT EXCEEDS 10% OF ITS TOTAL SUPPORT, AND IT MEETS THE OTHER REQUIREMENTS OF PARAGRAPH (F)(3). THE HOW INSTITUTE'S PUBLIC SUPPORT PERCENTAGE IS 13.15%, ABOVE THE 10% REQUIRED TO QUALIFY AS A PUBLICLY SUPPORTED ORGANIZATION WHEN MEETING THE FACTS-AND-CIRCUMSTANCES TEST.THE HOW INSTITUTE WAS ESTABLISHED IN 2016. IT IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF IRC SECTION 501(C)(3). SPECIFICALLY, TO INCREASE AND IMPROVE PEOPLE'S ETHICS BY SPREADING THIS PHILOSOPHICAL FRAMEWORK TO THE PUBLIC. THE HOW INSTITUTE FOR SOCIETY SEEKS TO BUILD AND NURTURE A CULTURE OF MORAL LEADERSHIP, PRINCIPLED DECISION-MAKING AND VALUES-BASED BEHAVIOR THAT ENABLES INDIVIDUALS AND INSTITUTIONS TO MEET THE PROFOUND SOCIAL, ECONOMIC, AND TECHNOLOGICAL CHANGES OF THE 21ST CENTURY TO ELEVATE HUMANITY.THE ORGANIZATION MAINTAINS AN ACTIVE FUNDRAISING PROGRAM AND ATTEMPTS TO RAISE MONEY FROM THE GENERAL PUBLIC. HOWEVER, DUE TO THE ONGOING COVID PANDEMIC, THE ORGANIZATION HAD DIFFICULTY FUNDRAISING ADEQUATELY TO DIVERSITY DONORS AND DONATIONS. THE ORGANIZATION HAS RECENTLY HIRED A NEW FUNDRAISER TO HELP SOLICIT ADDITIONAL DONATIONS AND RAISE ADDITIONAL FUNDING.THE ORGANIZATION OFFERS A WIDE RANGE OF PROGRAMS INCLUDING THE NXT-GEN FELLOWSHIP FOR MORAL LEADERSHIP, THE HOW SUMMIT ON MORAL LEADERSHIP, HOW CONVERSATIONS, HOW PODCASTS, HOW RESEARCH. "THE NXT-GEN FELLOWSHIP IS AN ACCELERATOR FOR EMERGING ORGANIZATIONAL LEADERS NAVIGATING OUR INCREASINGLY INTERDEPENDENT AND MORALLY ACTIVATED WORLD. DRAWING ON LESSONS FROM HISTORY, CURRENT EVENTS, AND MORAL PHILOSOPHY, FELLOWS WRESTLE WITH THE PRINCIPLES, NUANCES, AND APPLICATIONS OF THE PILLARS AND PRACTICES OF MORAL LEADERSHIP THROUGH DISCUSSIONS, READINGS, VIDEOS, WORKSHOPS, CASE STUDIES, AND GUEST SPEAKERS. THE PROGRAM IS OPEN AND PROVIDED TO THE GENERAL PUBLIC.THE HOW INSTITUTE'S GOVERNING BODY - ITS BOARD OF DIRECTORS - REPRESENTS THE BROAD INTERESTS OF THE PUBLIC RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. BOARD MEMBERS INCLUDE FORMER VICE PRESIDENT OF APPLE, FORMER CEO OF LEVI STRAUSS, FORMER CHAIRMAN OF PRICEWATERHOUSECOOPERS, PRESIDENT OF THE WORLD BANK. BOARD MEMBERS INCLUDE PHILANTHROPISTS, CIVIC VOLUNTEERS, AND BUSINESS LEADERS ACROSS A WIDE VARIETY OF INDUSTRIES INCLUDING RETAIL, FINANCIAL SERVICES, EDUCATION, AND PHILANTHROPIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25742 14858 10884 10884 X 2018070 544 544 2017526 0 2017526 2664972 0 2664972 0 2664972 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTION FOR PERIODS PRIOR TO 2019. X 0 0 0 0 0 0 0 0 0 YOUNG RHEE STRATEGY AND PROGRAM ADVISOR 181838 0 0 0 0 0 0 0 1465 0 183303 0 0 0 KELLY BUZBY DIRECTOR OF COMMUNICATIONS 179136 0 0 0 0 0 0 0 419 0 179555 0 0 0 KATHLEEN DALEY DIRECTOR OF ENGAGEMENT 170000 0 0 0 0 0 0 0 419 0 170419 0 0 0 AMY ROSEN CARDEN MANAGING DIRECTOR/SPECIAL 154705 0 0 0 0 0 0 0 0 0 154705 0 0 0 FORM 990, LINE B, AMENDED RETURN: THE ORGANIZATION IS AMENDING ITS FORM 990 FOR THE YEAR ENDED DECEMBER 31, 2022 TO CHECK THE CORRECT PUBLIC CHARITY STATUS ON SCHEDULE A, PART II, SEC. C, BOX 17A TO INDICATE THAT THE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST ON SCHEDULE A. A LISTING OF ALL OF THE CHANGES TO THE FORM 990 IS AS FOLLOWS: 1. SCHEDULE A, PART II, SECTION C, PART 17A BOX HAS BEEN CHECKED TO REFLECT THAT THE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST. 2. SCHEDULE A, PART VI AS AMENDED TO PROVIDE DETAILS WHY THE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST. 3. SCHEDULE O: REASON FOR AMENDING THE RETURN HAS BEEN ADDED. FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE FINANCE COMMITTEE. A COMPLETE COPY IS PROVIDED ELECTRONICALLY TO THE FULL BOARD AFTER IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT APPLIES TO ANY OFFICER, DIRECTOR AND KEY EMPLOYEE, WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT ALL MEMBERS OF THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE REMAINING DIRECTORS OR MEMBERS OF THE BOARD DECIDE IF A CONFLICT OF INTEREST EXISTS BY A MAJORITY VOTE. THE MINUTES OF THE BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS CONTAINS: A) THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH A RELATED PARTY TRANSACTION, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER THE FINANCIAL INTEREST IS SUBSTANTIAL, AND ANY ACTION TAKEN TO DETERMINE IF A RELATED PARTY TRANSACTION INVOLVING AN INSUBSTANTIAL FINANCIAL INTEREST CONSTITUTE A CONFLICT OF INTEREST. B) THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE RELATED PARTY TRANSACTION, THE FACT THAT THE RELATED PARTY AND ANY INSIDER ASSOCIATED WITH THE RELATED PARTY WERE NOT PRESENT FOR THE DELIBERATIONS OR VOTING, THE CONTENT OF THE DISCUSSION, INCLUDING THE OBJECTIVE INFORMATION UPON WHICH THE DISINTERESTED DIRECTORS RELIED IN REACHING THEIR CONCLUSION, ALTERNATIVES TO THE PROSED RELATED PARTY TRANSACTION THAT WERE DISCUSSED, AND A RECORD OF ANY VOTED TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15 DURING THE PROCESS FOR DETERMINING COMPENSATION, WE RESEARCH THE SALARY RANGE FOR SIMILAR POSITIONS BY INDUSTRY, COMPARABILITY DATA, FACTOR IN PREVIOUS EXPERIENCE AND EXPERTISE AND THE COMMITMENT AND RESPONSIBILITY REQUIRED OF THE ROLE. THIS PROCESS HAS BEEN UNDERTAKEN FOR THE MANAGING DIRECTOR, EXECUTIVE DIRECTOR, CHIEF OF STAFF AND DIRECTOR OF ENGAGEMENT AND WAS LAST COMPLETED IN 2022. THE PROCESS IS APPROVED BY THE MANAGING DIRECTOR AND EXECUTIVE CHAIRMAN. IT IS NOT DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION ON ITS WEBSITE AND AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G PROGRAM/DEVELOPMENT CONSULTANT: PROGRAM SERVICE EXPENSES 254,895. MANAGEMENT AND GENERAL EXPENSES 19,500. FUNDRAISING EXPENSES 18,000. TOTAL EXPENSES 292,395. OUTSIDE CONTRACTORS (WORKSHOP, MODERATOR AND ETC): PROGRAM SERVICE EXPENSES 267,530. MANAGEMENT AND GENERAL EXPENSES 25,830. FUNDRAISING EXPENSES 5,800. TOTAL EXPENSES 299,160. HUMAN RESOURCE FEES: PROGRAM SERVICE EXPENSES 67. MANAGEMENT AND GENERAL EXPENSES 12,952. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,019. PAYROLL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,719. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,719. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -1,780. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -1,780. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.