philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Fund for Change INC

Tax-deductible

Baltimore, MD501(c)(3)Foundations & GrantmakersEIN 31-1662222Revenue $945K in FY2024

On file with the IRS5700 Park Heights Ave, 21215-3930 · Baltimore, MDTax-exempt since Sep 1999Supporting organization — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

To assist groups working in or with low and moderate income communities to redress inequities.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 8 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $5K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$945K
+4% vs prior year
Spent
$934K
To programs
94%
Net assets
$119K
By yearFY2020–FY2024
Revenue
$945K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.5M
FY2021$3K
FY2022$284K
FY2023$910K
FY2024$945K
Expenses
$934K
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$866K
FY2021$925K
FY2022$955K
FY2023$955K
FY2024$934K
Net assets
$119K
FY2024▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$861K
FY2022$134K
FY2023$93K
FY2024$119K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $880K Management & general 6% · $54K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Marc B Terrill
Treasurer & Public Dir. Until 07/24
$0Pt VII · Sec A
Andrew Cushnir
Treasurer & Public Dir. as of 04/24
$0Pt VII · Sec A
Karen H Kreisberg
President & Public Director
$0Pt VII · Sec A
Jean K Kahn
Vice President & Donor Director
$0Pt VII · Sec A
Betsy L Krieger
Secretary & Donor Director & Member
$0Pt VII · Sec A
David a Kandel
Donor Director & Member
$0Pt VII · Sec A
Marc a Kahn
Donor Director
$0Pt VII · Sec A
Brent Flickinger
Public Director
$0Pt VII · Sec A
See Fund for Change INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers low-income communities to address and correct inequities.

Questions for Fund for Change INC

Tap to ask. Fund for Change INC sees how many people are interested.

Your first name shows with your question. Fund for Change INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $880K · in their own filed words · FY2024
01

Provide grants to public charitable organizations that benefit low and moderate income communities in furtherance of the mission of the associated: jewish community federation of baltimore, inc.

$880Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 200 grants · $4.3M · 2020–2024
United Workers Association INCMD · FY2024$50,000
Fusion Partnerships INCMD · FY2024$50,000
Community Law Center INCMD · FY2024$50,000
Maryland Philanthropy Network INCMD · FY2024$42,500
No Boundaries Coalition INCMD · FY2024$40,000
Parity Baltimore IncorporatedMD · FY2024$35,000
BaltMD · FY2024$30,000
Maryland Pesticide Education Network INCMD · FY2024$30,000
Public Justice Center INCMD · FY2024$30,000
Economic Action MDMD · FY2024$30,000
Jews United for Justice INCDC · FY2024$28,875
Northeast Housing InitiativeMD · FY2024$25,000
Black Girls Vote INCMD · FY2024$25,000
Community Development Network of Maryland INCMD · FY2024$25,000
Maryland Center on Economic Policy INCMD · FY2024$25,000
University of Maryland BaltimoreFY2024$25,000
Homeless Persons Representation ProjectMD · FY2024$25,000
Maryland Family Network INCMD · FY2024$25,000
See all 200 grants →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$945K
Ln 12
Gifts and grantsLn 1h$939K
Investment incomeLn 3$6K
Money outPt IX
$934K
Ln 25
Programscol B$880K
Managementcol C$54K
Owns and owesPt X
$119K
net assets · Ln 32
Cash and savingsLn 1–2$94K
Total assetsLn 16$124K
LiabilitiesLn 26$4K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$939K
Investment incomeLn 3$6K
Total revenueLn 12$945K
Assets in detailPt X, end of year
SavingsLn 2$94K
Cash and savings togetherLn 1–2$94K
InvestmentsLn 11–13$30K
Total assetsLn 16$124K
LiabilitiesLn 26$4K
Net assetsLn 32$119K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$21K$94K
InvestmentsLn 11–13$71K$30K
Total assetsLn 16$93K$124K
LiabilitiesLn 26$0$4K
Net assetsLn 32$93K$119K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$880K$880K
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$42K$42K
Other expenses (24a–d)Ln 24$6K$6K
All other expensesLn 24e$461$461
Total functional expensesLn 25$934K$880K$54K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $945K$934K$11K$119K 990 PDF
FY2023 $910K$955K−$45K$93K 990 PDF
FY2022 $284K$955K−$671K$134K 990 PDF
FY2021 $3K$925K−$922K$861K 990 PDF
FY2020 $2.5M$866K$1.6M$1.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $945,371 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $902,311$939,320
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $7,222$6,051
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $909,533$945,371
I-13 Grants and similar amounts paidPrior year $905,950$880,275
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $49,010$54,204
I-18 Total expensesPrior year $954,960$934,479
I-19 Revenue less expensesPrior year −$45,427$10,892
Part VI · Governance 8 of 9 board members independent, 5 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $945,371 across 4 lines filed
VIII-1f All other contributions, gifts and grants$939,320
VIII-1h Total contributions, gifts and grants$939,320
VIII-3 Investment incomeExcluded from tax $6,051$6,051
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $6,051$945,371
Part IX · Statement of functional expenses $934,479 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $880,275$880,275
IX-11f Investment management feesManagement $5,191$5,191
IX-11g Other fees for servicesManagement $42,500$42,500
IX-24 Other expenses (24a–d)Management $6,052$6,052
IX-24e All other expensesManagement $461$461
IX-25 Total functional expensesPrograms $880,275 · Management $54,204 · Fundraising $0$934,479
Part X · Balance sheet $123,643 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $21,328$93,736
X-11 Publicly traded securitiesStart of year $25,000$0
X-12 Other securitiesStart of year $46,340$29,907
X-16 Total assetsStart of year $92,668$123,643
X-17 Accounts payable and accrued expenses$4,248
X-26 Total liabilitiesStart of year $0$4,248
X-27 Net assets without donor restrictionsStart of year $92,668$119,395
X-32 Total net assets or fund balancesStart of year $92,668$119,395
X-33 Total liabilities and net assetsStart of year $92,668$123,643
Part XI · Reconciliation of net assets $119,395 net assets at year end
XI-1 Total revenue$945,371
XI-2 Total expenses$934,479
XI-3 Revenue less expenses$10,892
XI-4 Net assets at start of year$92,668
XI-5 Net unrealized gains (losses) on investments$15,835
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$119,395

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.