Nonprofit · EIN 46-4598642
BOREALIS PHILANTHROPY
Tax-exempt · MINNEAPOLIS, MN 55414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $42,473,306 | $54,652,165 | -$12,178,859 | $78,225,705 | $14,155,892 | $64,069,813 |
| December 31, 2023 | 990 | $39,366,975 | $44,560,166 | -$5,193,191 | $86,759,283 | $13,689,447 | $73,069,836 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,274,648
- Program service revenue
- $0
- Investment income
- $1,193,539
- Net gain from sales of assets
- $558,516
- Other revenue
- $5,119
Expenses
- Grants and similar amounts paid
- $40,129,865
- Compensation of officers, directors and key employees
- $710,397
- Other salaries and wages
- $5,719,012
- Salaries, compensation and benefits (total)
- $8,260,814
- Professional fundraising fees
- $0
- Legal fees
- $83,891
- Accounting fees
- $27,885
- Occupancy
- $11,839
- Travel
- $1,002,092
- Program services (functional)
- $45,117,965
- Management and general (functional)
- $8,601,630
- Fundraising (functional)
- $932,570
Balance sheet and other
- Total assets, start of year
- $86,759,283
- Total assets, end of year
- $78,225,705
- Total liabilities, end of year
- $14,155,892
- Net assets, end of year
- $64,069,813
- Net assets without donor restrictions
- $13,605,488
- Net assets with donor restrictions
- $50,464,325
- Gross receipts
- $71,394,996
- Employees
- 63
- Volunteers
- 9
- Year formed
- 2013
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMORETTA MORRIS | PRESIDENT Officer | 40 | $254,402 | $31,444 |
| RANDOLPH MILLER | MANAGING DIRECTOR Officer | 40 | $218,888 | $48,472 |
| NNENE J ESSIEN | DIRECTOR OF PEOPLE & CULTURE Highest-paid employee | 40 | $177,049 | $49,583 |
| MAYA WIENER BERKOWITZ | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $182,962 | $37,407 |
| REBECCA LUXENBERG | DIRECTOR OF FINANCE Officer | 40 | $163,772 | $44,256 |
| CARRIE COLEY | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $177,792 | $27,439 |
| JULIA BEATTY | PROGRAM DIRECTOR Highest-paid employee | 40 | $164,142 | $26,652 |
| WINIFRED OLLIFF | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $170,475 | $12,846 |
| JENNIFER CHING | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| JEANNE BELL | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| CHARLES LONG | DIRECTOR Trustee or director | 3 | $0 | $0 |
| EBONY HARPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| INCA MOHAMMED | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SIMRAN NOOR | DIRECTOR (THROUGH MARCH) Trustee or director | 2 | $0 | $0 |
| CARA REEDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THENA ROBINSON MOCK | DIRECTOR Trustee or director | 2 | $0 |
| STEPHANIE FUERSTNER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMORETTA MORRIS | PRESIDENT Officer | 40 | $205,636 | $28,655 |
| RANDOLPH MILLER | MANAGING DIRECTOR Officer | 40 | $175,406 | $37,928 |
| REBECCA LUXENBERG | DIRECTOR OF FINANCE Officer | 40 | $153,234 | $47,542 |
| WINIFRED OLLIFF | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $157,272 | $39,987 |
| MAYA WIENER BERKOWITZ | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $153,807 | $42,477 |
| CARRIE COLEY | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $153,499 | $33,269 |
| JULIA BEATTY | PROGRAM DIRECTOR Highest-paid employee | 40 | $147,281 | $25,219 |
| NNENE J ESSIEN | DIRECTOR OF PEOPLE & CULTURE Highest-paid employee | 40 | $124,754 | $47,200 |
| JENNIFER CHING | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| JEANNE BELL | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| GARLAND YATES | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| CHARLES LONG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EBONY HARPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| INCA MOHAMMED | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ISABEL SOUSA-RODRIQUEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SIMRAN NOOR | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 S 4ST STE 410 PMB 280267, MINNEAPOLIS, MN 55414-0000
- Principal officer (990 for 2024)
- AMORETTA MORRIS, 400 S 4TH ST STE 410 PMB 280267, MINNEAPOLIS, MN 554151419
- Signed the 990
- AMORETTA MORRIS, PRESIDENT
- Phone
- (612) 224-9644
- Website
- BOREALISPHILATHROPY.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
BOREALIS PHILANTHROPY DIRECTS RESOURCES TO PEOPLE BUILDING POWERFUL, THRIVING COMMUNITIES THAT SERVE ALL OF US, WITH THOSE MOST IMPACTED BY INJUSTICE LEADING THE WAY. WE INVEST IN LEADERS, ORGANIZATIONS, AND MOVEMENTS USING DIVERSE AND INNOVATIVE STRATEGIES TO PURSUE TRANSFORMATIONAL CHANGE, AND WE WORK WITH DONORS TO SUPPORT MOVEMENTS IN WAYS THEY MAY NOT BE ABLE TO DO ON THEIR OWN. THROUGH OUR WORK WITH BOTH FUNDERS AND GRANTEE PARTNERS, WE AIM TO SHIFT POWER AND INVEST IN COMMUNITIES.
Program accomplishments
- THE BLACK-LED MOVEMENT FUND SUPPORTS THE MOVEMENT FOR BLACK LIVES (M4BL) AND OTHER VALUES-ALIGNED ORGANIZATIONS TO BETTER SHAPE POLICY AGENDAS FOR BLACK COMMUNITIES, CREATE ALTERNATIVES TO INSTITUTIONS THAT HAVE BEEN HARMFUL TO BLACK PEOPLE, AND BUILD LOCAL BLACK COMMUNITY POWER. 2024 HIGHLIGHTS:$7.3M IN GENERAL OPERATING SUPPORT GRANTS$839K IN RAPID RESPONSE GRANTS121 GRANTEE PARTNERSExpenses $8,485,543 · grants $7,311,000
- THE DISABILITY INCLUSION FUND SEEDS AND EXPANDS THE CAPACITY OF THE DISABILITY JUSTICE MOVEMENT BY RESOURCING POWERFUL GRASSROOTS LEADERS AT THE FOREFRONT OF DISMANTLING ABLEISM THROUGH POLICY ADVOCACY, COMMUNITY ORGANIZING, ART, AND NARRATIVE CHANGE.2024 HIGHLIGHTS:$5.1M IN GRANTS$142K IN RESPONSE GRANTS75 GRANTEE PARTNERSExpenses $6,509,082 · grants $5,137,000
- THE RACIAL EQUITY IN PHILANTHROPY FUND HAS INVESTED IN PHILANTHROPY-SERVING ORGANIZATIONS TO INFORM, EDUCATE, AND EQUIP FUNDERS TO INTEGRATE RACIAL EQUITY POLICIES AND PRACTICES INTO THEIR GRANTMAKING PROGRAMS. THIS FUND WILL FORMALLY SUNSET IN 2025. 2024 HIGHLIGHTS:$6.1M IN GRANTSExpenses $6,350,193 · grants $6,100,000
- THE COMMUNITIES TRANSFORMING POLICING FUND RESOURCES LOCAL COMMUNITIES IMPACTED BY DEADLY AND DISCRIMINATORY POLICING PRACTICES TO BUILD POWER, INCREASE POLICE ACCOUNTABILITY AND TRANSPARENCY, AND REDEFINE SAFETY BY ADVOCATING FOR INVESTMENT IN COMMUNITY-BASED PROGRAMS AND SERVICES AS ALTERNATIVES TO POLICE, JAILS, AND PRISONS.Expenses $6,197,169 · grants $5,163,675
- THE RACIAL EQUITY IN JOURNALISM FUND INVESTS IN, CONNECTS, AND THREADS THE BIPOC JOURNALISM ECOSYSTEM, DISRUPTING HARMFUL NARRATIVES AND INCREASING CIVIC ENGAGEMENT FOR COMMUNITIES OF COLOR BY REACHING THEM WITH VITAL, RELEVANT INFORMATION.Expenses $5,729,015 · grants $3,890,001
- THE FUND FOR TRANS GENERATIONS RESOURCES BIPOC, TRANS-LED ORGANIZATIONS WORKING TO ADVANCE COMMUNITY SAFETY, SUPPORTIVE COMMUNITY HOUSING, DECARCERATION, AND ACCESS TO HEALTH CARE AND MENTAL HEALTHTO BUILD A WORLD IN WHICH ALL PEOPLE CAN LIVE WITH SELF DETERMINATION, SAFETY, AND JOY.Expenses $3,673,260 · grants $2,937,000
- THE EMERGING LGBTQ LEADERS OF COLOR FUND* SUPPORTS THE ROLE THAT YOUNG TRANS AND QUEER LEADERS PLAY TO SUPPORT PRO-LGBTQ, RACIAL JUSTICE MOVEMENTS IN BECOMING MORE CONNECTED, INCLUSIVE, AND THUS MORE POWERFUL. THE FUND INVESTS IN LEADERS AND ORGANIZATIONS WHO UNDERSTAND THAT THE ISSUES LIKE COMMUNITY SAFETY, REPRODUCTIVE JUSTICE, IMMIGRANT RIGHTS, AND OTHERS DO NOT EXIST IN ISOLATION FROM EACH OTHER, AND WHO APPROACH LIBERATION WORK FROM A PLACE OF INCLUSION. THESE LEADERS ENVISION AND IMPLEMENT ORGANIZING STRATEGIES THAT ADDRESS HOW THESE ISSUES INTERSECT.*FORMERLY THE TRANSFORMING MOVEMENTS FUNDExpenses $3,285,191 · grants $2,730,500
- THE SPARK JUSTICE FUND RESOURCES GRASSROOTS ORGANIZING GROUPS THAT ARE ENDING MONEY BAIL AND UNJUST PRETRIAL DETENTION POLICIES. GRANTEES' LONGER-TERM GOALS ARE TO SIGNIFICANTLY REDUCE JAIL POPULATIONS, DECRIMINALIZE POVERTY, AND REDUCE DISPARITIES FOR LOW-INCOME COMMUNITIES OF COLOR, INCLUDING FOR WOMEN OF COLOR AND OTHER MARGINALIZED PEOPLE.Expenses $2,560,910 · grants $1,777,900
- THE RACIAL EQUITY TO ACCELERATE CHANGE FUND IS EXPANDING THE CAPACITY OF RACIAL EQUITY CONSULTANTS TO WORK WITH NONPROFIT ORGANIZATIONS. THE FUND INVESTS IN PRACTITIONERS TO DEVELOP AND SCALE TOOLS AND STRATEGIES FOR THE BENEFIT OF THE NONPROFIT SECTOR.Expenses $2,327,602 · grants $1,915,000
- MOVEMENT SUPPORT SERVICES AND OTHER GENERAL PROGRAM ACTIVITIES.grants $3,167,789
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4598642
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $78,225,705
- Income (IRS master file)
- $71,394,996
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $42,473,306 | $54,652,165 | $78,225,705 | XML |
| 990 | December 2023 | $39,366,975 | $44,560,166 | $86,759,283 | XML |
| 990 | December 2022 | $37,532,996 | $45,590,858 | $88,580,581 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4598642).
Questions about BOREALIS PHILANTHROPY
- What is the EIN of BOREALIS PHILANTHROPY?
- The employer identification number (EIN) of BOREALIS PHILANTHROPY is 46-4598642.
- Is BOREALIS PHILANTHROPY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BOREALIS PHILANTHROPY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BOREALIS PHILANTHROPY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BOREALIS PHILANTHROPY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BOREALIS PHILANTHROPY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BOREALIS PHILANTHROPY?
- The 990 for the year ended December 31, 2024 names AMORETTA MORRIS.
- Who are the officers and directors of BOREALIS PHILANTHROPY?
- The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $254,402 (AMORETTA MORRIS, PRESIDENT).
- How much revenue does BOREALIS PHILANTHROPY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $42,473,306, expenses of $54,652,165 and total assets of $78,225,705 at year end.
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