2024-11-15T13:44:18-06:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2023-01-01 852404828 FOSTER NATION FOST 3103105759 11150 SANTA MONICA BLVD 1500 LOS ANGELES CA 90025 MAGGIE LIN EXECUTIVE DIRECTOR 3103105759 2024-11-14 1 0 ERIN COUTURE P01390592 6177237900 2023 2024-10-15 13:58:12Z MAGGIE LIN 11150 SANTA MONICA BLVD 1500 LOS ANGELES CA 90025 782996 0 X FOSTERNATION.ORG X 2020 CA FOSTER NATION SUPPORTS AND EMPOWERS YOUNG PEOPLE AGING OUT OF FOSTER CARE (SEE SCH O) TO BE SELF-SUFFICIENT BY PROVIDING RESOURCES, SOCIAL SUPPORT, AND MENTORSHIP. WE BELIEVE THAT EVERYONE HAS THE POWER TO BE BETTER THAN THE CIRCUMSTANCES THEY WERE BORN INTO. OUR MAIN PROGRAMS ARE 1) SPARKS TO HELP FOSTER YOUTH DEVELOP FOUNDATIONAL LIFE AND PROFESSIONAL SKILLS NECESSARY FOR ADULTHOOD; 2) SPARKS OF LOVE TO CELEBRATE THE MILESTONES IN THE LIVES OF FOSTER YOUTH SO THEY KNOW THAT THEY BELONG, THEY MATTER, AND THEY ARE NOT ALONE. 11 11 3 552 0 0 792276 746036 0 0 2905 36741 0 219 795181 782996 178727 116139 0 0 184708 224969 0 0 42964 154807 364282 518242 705390 276939 77606 853736 953506 8157 30134 845579 923372 X FOSTER NATION ENGAGES AND EMPOWERS THE COMMUNITY TO PREPARE, SUPPORT AND EMPOWER FOSTER YOUTH AGING OUT OF THE SYSTEM TO BE SELF-SUFFICIENT ADULTS BY PROVIDING RESOURCES, SOCIAL SUPPORT, AND MENTORSHIP. 0 0 440436 6213 0 SPARKS - 6 MONTH CAREER COACHING PROGRAM: WE ENSURE FOSTER YOUTH HAVE EQUAL FOOTING WHEN THEY ENTER THE PROFESSIONAL WORLD BY MATCHING THEM WITH A DEDICATED ONE-ON-ONE CAREER COACH, AND PROVIDING THEM WITH CAREER READINESS AND LIFE SKILLS TRAINING NECESSARY TO HELP THEM BECOME SELF-SUFFICIENT POST FOSTER CARE. OUR GOAL IS TO HELP FOSTER YOUTH DEVELOP FOUNDATIONAL LIFE AND PROFESSIONAL SKILLS NECESSARY TO ENTER THE REAL WORLD. WE BELIEVE THAT ONE MEANINGFUL CONNECTION CAN CHANGE A LIFE. 36495 2484 0 SPARKS OF LOVE - WE PROVIDE CELEBRATORY GIFTS FOR FOSTER YOUTH DURING IMPORTANT MILESTONES/EVENTS IN THEIR LIVES, SUCH AS HIGH SCHOOL OR COLLEGE GRADUATION, BACK TO SCHOOL, OR BIRTHDAYS. OUR GOAL IS TO REMIND YOUTH THAT THERE ARE ALWAYS PEOPLE WHO CARE ABOUT THEM AND ARE IN THEIR CORNER. THE MISSION OF THIS PROGRAM IS TO REMIND YOUTH THAT THEY BELONG, THEY MATTER, AND THEY ARE NOT ALONE. 114771 101703 0 THE ESSENTIALS - (PREVIOUSLY SHOPPING DAYS OR BASIC NEEDS) FREE SHOPPING DAYS FOR FOSTER YOUTH: WE HELP BUILD CONFIDENCE IN FOSTER YOUTH BY PROVIDING ESSENTIAL RESOURCES VIA FREE POP-UP SHOPPING DAYS FOR YOUTH TO SHOP FOR PROFESSIONAL AND CASUAL CLOTHING, TOILETRIES, BEAUTY PRODUCTS, AND ACCESSORIES. OUR GOAL IS TO ENSURE FOSTER YOUTH FEEL CONFIDENT AS THEY PURSUE THEIR PROFESSIONAL AND EDUCATIONAL DREAMS. 6710 5739 0 MEAL NATION - FREE MEAL DELIVERY/PICK UP SERVICE TO FIGHT FOOD INSECURITY: DURING THE COVID-19 PANDEMIC, WE LAUNCHED THE MEAL NATION PROGRAM TO ADDRESS FOOD INSECURITY FOR FOSTER YOUTH STUDENTS IN 57 COLLEGES. THIS WAS DONE BY PROVIDING YOUTH WITH FREE MEALS FOR 30-60-90 DAYS THAT CAN EITHER BE PICKED UP FROM A LOCAL RESTAURANT, THROUGH OUR PARTNERSHIP WITH BENTO, OR DELIVERED THROUGH OUR PARTNER FRESHLY. WE DISTRIBUTED 76,000+ MEALS TO OVER 2,000 FOSTER YOUTH. 6710 5739 0 598412 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X MAGGIE LIN 3103105759 11150 SANTA MONICA BLVD 1500 LOS ANGELES CA 90025 CAROLINE KUNITZ PRESIDENT 2.00 0.00 X X 0 0 0 DAVID MILKEN TREASURER 4.00 0.00 X X 0 0 0 AARON ELSTER SECRETARY 4.00 0.00 X X 0 0 0 LYDIA COLEMAN DIRECTOR (AS OF 10/26/23) 2.00 0.00 X 0 0 0 ALAIN DATCHER DIRECTOR (AS OF 4/27/23) 2.00 0.00 X 0 0 0 DARREN EDWARDS DIRECTOR (AS OF 7/27/23) 2.00 0.00 X 0 0 0 DAVE HERMAN DIRECTOR 2.00 0.00 X 0 0 0 JEANNE PRITZKER DIRECTOR 2.00 0.00 X 0 0 0 JACQUELINE SHAMTOOB DIRECTOR 2.00 0.00 X 0 0 0 KATE SOMERVILLE DIRECTOR 2.00 0.00 X 0 0 0 JOY TAYLOR DIRECTOR 2.00 0.00 X 0 0 0 MAGGIE LIN EXECUTIVE DIRECTOR 40.00 0.00 X 100500 0 0 100500 0 0 1 0 0 0 0 746036 131235 746036 36741 36741 MISCELLANEOUS REVENUE 900099 219 219 219 782996 0 0 36960 X 116139 116139 100500 100500 104919 66696 23148 15075 2841 2841 16709 5131 11578 512 512 3915 3915 236965 211451 6243 19271 10463 2303 8160 7110 6188 464 458 8149 2662 5487 90587 89585 1002 4449 4449 CONTRACTED SERVICES 2132 60 2072 705390 598412 64014 42964 240831 119935 612905 833571 853736 953506 8157 30134 8157 30134 X 0 0 0 0 845579 923372 845579 923372 853736 953506 77606 187 0 X 0 0 0 X 975776 792276 746036 2514088 975776 792276 746036 2514088 532929 1981159 2905 36741 39646 219 219 2553953 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 219. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 CLOTHING & HOUSEHOLD 437 77656 SHOPPING DAYS TO PROVIDE YOUTH WITH PROFESSIONAL CLOTHING SCHOLARSHIP DONATIONS 5 615 EDUCATIONAL OPPORTUNITES AND SCHOLARSHIPS THROUGH THE SPARKS SUPPORT FUND PERSONAL CARE & WELL BEING 142 22112 PERSONAL CARE PRODUCTS MEALS 400 10018 MEALS FOR SHOPPING DAY YOUTH SUPPORT FUNDS 67 3036 FOSTER YOUTH'S PROFESSIONAL AND EDUCATIONAL NEEDS GIFTING 26 2702 GRADUATION GIFTS FOR FOSTER YOUTH THAT COMPLETE THE 6 TO 9-MONTH MENTORSHIP PROGRAM PART I, LINE 2: PROCESS OF MONITORING OF GRANTS WE WORK CLOSELY WITH AN OUTSIDE GRANT WRITING AND TRACKING AGENCY CALLED MOCKINGBIRD ANALYTICS TO HELP US TRACK, MAINTAIN AND ADHERE TO GRANT APPLICATION, IMPLEMENTATION AND REPORTING STANDARDS AS REQUIRED BY FUNDERS. WE ALSO HAVE AN INTERNAL REVIEW OF GRANT REPORTS THAT START WITH THE PROGRAM MANAGER WORKING WITH MOCKINGBIRD ANALYTICS, WITH THE FINAL APPROVAL BY THE EXECUTIVE DIRECTOR. THE BOARD OF DIRECTORS, SPECIFICALLY THE FINANCE COMMITTEE, IS MADE AWARE OF ALL GRANT TRACKING AND REPORT AS WELL. X 77656 FMV X 2 21449 FMV X PERSONAL CARE & WELL BEING 2 22112 FMV X FOOD & BEVERAGE 3 10018 FMV 0 0 0 SCHEDULE M, PART I, COLUMN (B): NUMBER OF CONTRIBUTORS ALL NUMBERS LISTED IN COLUMN B REFER TO THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 DAVID MILKEN AND MAGGIE LIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 REVIEW PROCESS CONSISTS OF THE EXECUTIVE DIRECTOR WORKING WITH THE ACCOUNTANT TO PROVIDE ALL REQUESTED INFORMATION BY GRANT THORNTON TEAM. ONCE THERE IS A DRAFT, THE FORM 990 IS SHARED WITH THE ACCOUNTANT AND THE BOARD TREASURER TO REVIEW. ONCE FINALIZED, THE EXECUTIVE DIRECTOR MOVES FORWARD WITH GRANT THORNTON TEAM TO FILE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ANNUALLY ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND EMPLOYEES MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE PRESIDENT/SECRETARY, AND BOARD OF DIRECTORS, WHO TAKE APPROPRIATE ACTION, WHEN NECESSARY. IN CASE OF ANY POTENTIAL CONFLICT OR CONFLICTS RELATED TO FINANCIAL TRANSACTIONS THE MATTER IS PRESENTED TO THE BOARD OF DIRECTORS, WHO TAKE ACTION IN COMPLIANCE WITH APPLICABLE FEDERAL LAW RELEVANT TO "EXCESS BENEFIT TRANSITIONS AND APPLICABLE CALIFORNIA LAW. ALL PERSONS WHO VIOLATE THE POLICY UNDER IRS CODE SECTION 4958 MAY BE SUBJECT TO DISCHARGE OR REMOVAL FROM HIS/HER POSITION WITH THE CORPORATION BY VOTE OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 211,451. MANAGEMENT AND GENERAL EXPENSES 6,243. FUNDRAISING EXPENSES 19,271. TOTAL EXPENSES 236,965.