Foundation for Child Development EIN 13-1623901

Foundation for Child Development FY2023 filing

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A private foundation based in New York, NY. It reported about $3.3M in revenue for 2022. For fiscal year 2023 it reported $3.3M in revenue, $6.3M in expenses, and $110.3M in net assets.Pt I

Type
Private foundation / grantmaker · Education
Location
New York, NY
Website
www.fcd-us.org
Filings
5 on file (2021–2023)
Revenue
$3.3MFY2023
Expenses
$6.3M
Net assets
$110.3M
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-1623901 Private foundation / grantmaker New York, NY
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
A private foundation based in New York, NY. It reported about $3.3M in revenue for 2022.
Leadership
Jacqueline Jones · President and CEO · $365K
Money in and out
$3.3M revenue, $6.3M expenses
Bottom line
Grants paid & assets · FY2023
Total revenue
$3.3M
Pt VIII · Ln 12
Total expenses
$6.3M
Pt IX · Ln 25
Net assets
$110.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$3.0M
Total assets
110.4M
deployed as grants and operations
Grants paid
4.0M
in FY2023
Grants made
49grants
total in period
Payout rate
4%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 49 grants · $3.5M · 2023–2023
Norc at the University of ChicagoFY2023$325,000
Western Washington UniversityFY2023$225,000
The Pew Charitable TrustsDC · FY2023$200,000
National Assoc of State Boards of EdFY2023$200,000
New York Academy of MedicineNY · FY2023$155,000
Tower Fdnt of San Jose State UniverFY2023$150,000
Georgia State University Research F INCFY2023$117,000
Child Trends IncorporatedMD · FY2023$114,449
University of Georgia Research FdnFY2023$108,000
Yale UniversityFY2023$103,000
National Assoc for the Ed of YcFY2023$100,000
Psu FoundationFY2023$76,000
Mothering JusticeMI · FY2023$75,000
Mom RisingFY2023$75,000
See all 49 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV27
Average grantPart XV$71K
Median grantPart XV$43K
Largest grantPart XV$325K
Top cause focusNTEEColleges & Universities (12%)

Summary of the Filing

Part I · fiscal year 2023 · Form 990-T
Revenue
$3.3M
FY2023▼ -56%
Expenses
$6.3M
FY2023▲ +9%
Total assets
$110.4M
FY2023▼ -8%
Total liabilities
$84K
FY2023
Total revenue
$3.3M
Pt VIII · Ln 12
Total expenses
$6.3M
Pt IX · Ln 25
Net assets
$110.3M
Pt X · Ln 32
Total assetsPt II$110.4M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFoundation for Child Development
EINHdr · item D13-1623901
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.fcd-us.org
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFApr 1938

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2023 filing did not itemize Part VII
President and CEO
$365,484Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2022FY2021
Vivian Tseng$422,650$401,912
Jacqueline Jones$365,484$354,332

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income$3.2M · 96%
Other revenue$120K · 4%
Investment income96%$3.2M
Other revenue4%$120K
Total revenueLn 12$3.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.64 Operating & administrative $0.36
Grants & contributions paid64%$4.0M
Operating & administrative36%$2.3M
Total functional expensesLn 25$6.3M

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$110.4M
Total liabilitiesLn 26$84K
Total net assetsLn 32$110.3M
Months of cash on handcomputed3.2

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$5.9M revenue · ⤓ 990 PDF
FY2024$3.3M revenue · ⤓ 990 PDF
FY2023$3.3M revenue · viewing · ⤓ 990 PDF
FY2022$7.6M revenue · ⤓ 990 PDF
FY2021$2.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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