2025-10-16T11:28:36-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 20814 990 2024-01-01 812319758 FUND FOR A BETTER FUTURE INC FUND 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 MATTHEW ARMSBY INTERIM PRESIDENT 9164425057 2025-10-16 1 0 RICHARD J LOCASTRO CPA P00288324 3019519090 2024 2025-03-06 01:10:19Z MATTHEW ARMSBY 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 7686017 0 X FUNDFORABETTERFUTURE.ORG X 2015 DE SEE PART III, LINE 1. 5 5 68 5 0 0 41617418 7633000 3712 1623 97079 51394 0 0 41718209 7686017 36010000 10736382 0 0 1071749 1023639 130625 636 28135 4190051 2410853 41402425 14171510 315784 -6485493 25095166 14079455 5354717 824499 19740449 13254956 FUND FOR A BETTER FUTURE INC.'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROTECTING THE ENVIRONMENT, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY. 0 0 13745095 10736382 1623 DURING 2024, THE FUND FOR A BETTER FUTURE INC. (FBF) PROVIDED GRANTS TO ORGANIZATIONS ADVANCING SOLUTIONS TO CLIMATE CHANGE, ADDRESSING DISPARITIES IN PUBLIC HEALTH, AND PROTECTING THE ENVIRONMENT. AS A FISCAL SPONSOR, FBF ALSO PROVIDED ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO PROJECTS FOCUSED ON ENVIRONMENTAL AND SOCIAL CAUSES. 13745095 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 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 1 0 0 1 13 0 1 68 1 0 0 0 0 1 1 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X ROSINA BUGARIN 9164425057 400 CAPITOL MALL 2150 SACRAMENTO CA 95814 X JASON BURNETT DIRECTOR & CHAIR 1.00 1.00 X X 0 0 0 CHRISTOPHER J ELLIMAN DIRECTOR 1.00 1.00 X 0 0 0 MARTHA KONGSGAARD DIRECTOR 1.00 1.00 X 0 0 0 PRESTON PINKETT III DIRECTOR 1.00 1.00 X 0 0 0 MELISSA ROY DIRECTOR 1.00 1.00 X 0 0 0 AVI GARBOW SEE SCH O DIRECTOR & PRESIDENT (END 10/2024) 3.00 1.00 X 51095 19632 4192 ROSINA BUGARIN SEE SCH O TREASURER & CFO 5.00 3.00 X 41730 21926 9984 HELENA CHOI SEE SCH O SECRETARY & VICE PRESIDENT 3.00 1.00 X 20181 6318 4428 MATTHEW ARMSBY SEE SCH O VP & INTERIM PRES. (BEG 10/2024) 5.00 1.00 X 38924 1680 4828 151930 49556 23432 0 0 0 0 WAXMAN STRATEGIES 1150 CONNECTICUT AVE NW STE 800 WASHINGTON DC 20036 CONSULTING SERVICES 345000 THE RESOLUTIONS FIRM 1723 UNIVERSITY AVE STE B 223 OXFORD MS 38655 CONSULTING SERVICES 282895 COMMUNITY ADVOCACY PARTNERS LLC 500 7TH AVENUE 8TH FLOOR NEW YORK NY 10018 CONSULTING SERVICES 262386 WINNING STRATEGIES LLC PO BOX 20033 JACKSON MS 39289 CONSULTING SERVICES 256924 HART RESEARCH ASSOCIATES 1250 CONNECTICUT AVE NW STE 530 WASHINGTON DC 20036 CONSULTING SERVICES 253250 11 7633000 7633000 CONTRACTS 900099 1623 1623 1623 51394 51394 7686017 1623 0 51394 X 10736382 10736382 169504 45017 117335 7152 684802 542376 127676 14750 33578 28081 4657 840 135755 98724 33492 3539 68903 52939 15685 279 26843 26843 636 636 45 45 2075982 2061192 14688 102 19691 12743 6844 104 48740 20355 28023 362 12048 6148 5780 120 35801 34222 1547 32 90964 89089 1839 36 4059 2627 1411 21 6596 6596 FILING FEES 9673 6260 3362 51 SUBSCRIPTIONS 4145 2682 1441 22 DUES AND MEMBERSHIPS 3983 3900 81 2 PAYROLL SERVICES 2547 1777 705 65 833 581 230 22 14171510 13745095 398280 28135 2576403 623932 18616431 9554523 1332 3901000 3901000 25095166 14079455 504330 374453 4850000 450000 387 46 5354717 824499 X 1891525 1636056 17848924 11618900 19740449 13254956 25095166 14079455 -6485493 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1987500 0 1987500 0 1987500 1 PART I-A, LINE 1: FBF MADE DIRECT AND INDIRECT EXPENDITURES IN SUPPORT OF CANDIDATES WHO COMMITTED TO ADDRESSING THE THREAT OF CLIMATE CHANGE. 0 3901000 C 3901000 RELATED PARTY PAYABLE 46 46 7685972 0 7685972 45 45 7686017 14171465 0 14171465 45 45 14171510 1 SIXTEEN THIRTY FUND 1828 L STREET NW STE 300-B WASHINGTON DC 20036 264486735 501(C)(4) 1500000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT CLIMATE POWER 815 BLACK LIVES MATTER PLZ NW SUITE 4132 WASHINGTON DC 20006 922307261 501(C)(4) 1105882 0 FISCAL SPONSORSHIP SPINOFF PRIORITIES USA 700 13TH ST NW SUITE 600 WASHINGTON DC 20005 474596232 501(C)(4) 1000000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES ELECTORAL COLLECTIVE ACTION 3436 MAGAZINE STREET FRNT PMB 604 NEW ORLEANS LA 70115 932449361 501(C)(4) 750000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY INDIVISIBLE PROJECT PO BOX 43884 WASHINGTON DC 20010 814944067 501(C)(4) 750000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT TIDES ADVOCACY 1012 TORNEY AVE SAN FRANCISCO CA 94129 943153687 501(C)(4) 750000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY TEXAS CAMPAIGN FOR THE ENVIRONMENT PO BOX 42778 AUSTIN TX 78704 742891025 501(C)(4) 530000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY DEMOCRACY FORWARD PO BOX 34553 WASHINGTON DC 20043 820995286 501(C)(4) 500000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES HIP HOP CAUCUS ACTION FUND 529 14TH ST NC SUITE 952 WASHINGTON DC 20045 851100834 501(C)(4) 500000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY PENNSYLVANIA UNITED 841 CALIFORNIA AVE PITTSBURGH PA 15212 823674888 501(C)(4) 500000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY YES ON PROP 4 CALIFORNIANS FOR SAFE DRINKING WATER & WILDFIRE PREVENTION 555 CAPITOL MALL SUITE 400 SACRAMENTO CA 95814 994186021 501(C)(4) 500000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY CLEAN AIR ACTION FUND 135 S 19TH ST 300 PHILADELPHIA PA 19103 844967138 501(C)(4) 450000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY ENVIRONMENTAL DEFENSE ACTION FUND 285 PARK AVENUE SOUTH 17TH FLOOR NEW YORK NY 10010 900080500 501(C)(4) 445000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY LEAGUE OF CONSERVATION VOTERS INC 740 15TH ST NW 7TH FLOOR WASHINGTON DC 20005 521733698 501(C)(4) 250000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT BLACK MEN VOTE CIVIC ACTION FUND 4410 MASSACHUSETTS AVENUE NW 371 WASHINGTON DC 20016 861965600 501(C)(4) 200000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT FOOD & WATER ACTION FUND 1616 P STREET NW SUITE 400 WASHINGTON DC 20036 320160436 501(C)(4) 200000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY ENVIRONMENT AMERICA INC DBA ENVIRONMENT TEXAS 200 E 30TH ST AUSTIN TX 78705 205355252 501(C)(4) 152500 0 CLIMATE AND ENVIRONMENTAL ADVOCACY VOTO LATINO INC PO BOX 35608 WASHINGTON DC 20033 455477218 501(C)(4) 150000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT AMERICA VOTES 1155 CONNECTICUT AVE NW SUITE 600 WASHINGTON DC 20036 264568349 501(C)(4) 100000 0 CIVIL RIGHTS AND CIVIC ENGAGEMENT WASHINGTON CONSERVATION ACTION 1417 FOURTH AVENUE SUITE 800 SEATTLE WA 98101 911548791 501(C)(4) 60000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY AMERICANS FOR CONTRACEPTION 611 PENNSYLVANIA AVE SE SUITE 143 WASHINGTON DC 200034303 883954283 501(C)(4) 50000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES KARUK TRIBE PO BOX 1016 HAPPY CAMP CA 96039 942576572 TRIBAL GOVERNMENT 50000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY TAXPAYERS FOR COMMON SENSE ACTION (C4) 651 PENNSYLVANIA AVE SE WASHINGTON DC 20003 522071292 501(C)(4) 50000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY WORLD WILDLIFE FUND INC 1250 24TH STREET NW WASHINGTON DC 200371124 521693387 501(C)(3) 45000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY RESOURCES LEGACY FUND 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 954703838 501(C)(3) 40000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY THE NATURE CONSERVANCY 830 S STREET SACRAMENTO CA 95811 530242652 501(C)(3) 40000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY MONTANA WILDERNESS ASSOCIATION DBA WILD MONTANA 80 S WARREN ST HELENA MO 59601 510198932 501(C)(3) 25000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY WESTERN RESOURCE ADVOCATES 2260 BASELINE ROAD STE 200 BOULDER CO 80302 841113831 501(C)(3) 20000 0 CLIMATE AND ENVIRONMENTAL ADVOCACY CALIFORNIA ENVIRONMENTAL VOTERS 1111 BROADWAY SUITE 300 OAKLAND CA 94607 943169564 501(C)(4) 13000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES MERIDIAN IMPLEMENTATION FUND 105 VILLAGE PLACE PO BOX 1829 DILLON CO 80435 261917913 501(C)(4) 10000 0 SUPPORT FOR SOCIAL WELFARE ACTIVITIES 6 24 PART I, LINE 2: BEFORE AWARDING A GRANT TO A U.S.-BASED ORGANIZATION, FBF REQUIRES DOCUMENTATION FROM THE APPLICANT THAT ESTABLISHES AND DESCRIBES THAT ORGANIZATION'S LEGAL STATUS, PURPOSE, AND MISSION. IN THE POST-AWARD STAGES, FBF MONITORS PROGRESS OF ITS GRANTS THROUGH VARIOUS REQUIREMENTS WHICH MAY INCLUDE: REQUESTING PERIODIC REPORTS FROM GRANTEES DESCRIBING GRANT ACTIVITIES, PROGRESS, AND OUTCOMES WITH GRANT OBJECTIVES, AS WELL AS A RECONCILIATION OF GRANT EXPENDITURES WITH THE PROPOSAL BUDGET, PERIODIC CHECK-IN CALLS AND MEETINGS WITH GRANTEES, AND/OR PERIODIC FIELD VISITS FOR SIGNIFICANT PROJECTS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS AND THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN SENT TO ALL VOTING MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY COVERS OFFICERS AND DIRECTORS, WHO ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY IN WRITING AND PRIOR TO ANY VOTE BY THE BOARD OF DIRECTORS IN WHICH A CONFLICT EXISTS OR APPEARS TO EXIST. THE BOARD OF DIRECTORS DETERMINES IF AN ACTUAL OR APPARENT CONFLICT EXISTS AND IS RESPONSIBLE FOR ANY REQUIRED REVIEW AND ACTION. IN ALL CASES, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IN CASE OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 RESOURCES LEGACY FUND (RLF) IS AN UNRELATED ORGANIZATION THAT WORKS WITH FBF, SHARING RESOURCES THAT ARE PAID TO RLF FROM FBF. THE RLF GOVERNANCE COMMITTEE, ON BEHALF OF THE RLF BOARD, ENGAGED AN OUTSIDE CONSULTANT TO REVIEW THE EXECUTIVE COMPENSATION OF PEERS, TO ASSESS EXECUTIVE COMPENSATION, AND TO PROVIDE AN INDEPENDENT OPINION REGARDING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THIS PROCESS IS DOCUMENTED. THE POSITIONS OF PRESIDENT, SECRETARY, AND TREASURER WERE INCLUDED IN THIS ASSESSMENT ALONG WITH OTHER KEY EMPLOYEES WHO WORK ON FBF. THIS PROCESS IS UNDERTAKEN EVERY 3 YEARS AND WAS LAST COMPLETED IN 2024. OUTSIDE OF THIS PROCESS, THE PRESIDENT'S COMPENSATION REVIEW IS COMPLETED ANNUALLY BY THE RLF GOVERNANCE COMMITTEE AND IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 AUDITED STATEMENTS AND 990 TAX RETURNS ARE AVAILABLE AND DOWNLOADABLE FROM THE FBF'S WEBSITE. FORM 1024 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1024 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: FBF AND RESOURCES LEGACY FUND (RLF), AN UNRELATED ORGANIZATION, ARE PARTY TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH FBF REIMBURSES RLF FOR DIRECT AND INDIRECT COSTS, INCLUDING PERSONNEL COSTS, INCURRED ON BEHALF OF FBF. AS A PART OF THE AGREEMENT, FBF REIMBURSED RLF FOR PERSONNEL COSTS FOR AVI GARBOW, MATTHEW ARMSBY, ROSINA BUGARIN, AND HELENA CHOI, AS WELL AS OTHER SHARED STAFF. FBF DOES NOT PAY ANY PAYROLL TAXES DIRECTLY; RESOURCES LEGACY FUND SATISFIES EMPLOYMENT TAX-RELATED OBLIGATIONS ON BEHALF OF FBF. RLF'S COMPENSATION OF $51,095 TO AVI GARBOW, $38,924 TO MATTHEW ARMSBY, $41,730 TO ROSINA BUGARIN, AND $20,181 TO HELENA CHOI, RESPECTIVELY, WAS REIMBURSED BY FBF TO RLF AND HAS BEEN REPORTED ON PART VII OF THE RETURN FOR THOSE INDIVIDUALS. FORM 990, PART IX, LINE 11G CONTRACTOR EXPENSES (SEE BELOW FOR DETAILS): PROGRAM SERVICE EXPENSES 1,921,021. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,921,021. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 139,424. MANAGEMENT AND GENERAL EXPENSES 14,467. FUNDRAISING EXPENSES 98. TOTAL EXPENSES 153,989. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 747. MANAGEMENT AND GENERAL EXPENSES 221. FUNDRAISING EXPENSES 4. TOTAL EXPENSES 972. SHARED ASCENT FUND 400 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 834584093 PROMOTE THE COMMON GOOD - DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITY DE 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0