Back to top

Once Upon a 990-PF: What Story Does Your 990-PF Tell About Your Foundation?

When: 
Friday, December 1, 2017
9:00am - 12:30pm
Where: 
Joan Palevsky Center for the Future of Los Angeles, California Community Foundation
221 S Figueroa Street, Suite 400, Los Angeles, CA 90012
$0.00
Leave blank unless you have been provided a code.
Add to Calendar

Have you read your institution's 990-PF lately? Have you ever stopped to think what headlines it might inspire? The IRS recently started releasing e-filed Forms 990 and 990-PF as machine-readable, open data. Because the data is now not only open, but digital and machine-readable this means that anyone from journalists to researchers to activists can aggregate this data and make comparisons, correlations, and judgments about philanthropy at lightning speed, all without your input. Investment practices, demographics of beneficiaries, and compensation practices are examples of 990 data that can get easily turned into compelling narratives about your foundation. This has implications for foundations institution-wide, from governance practices to grants data and from staffing to investment management. 

Join Foundation Center’s Janet Camarena and C. Davis Parchment and Moss Adams LLP's Lauren Haverlock in partnership with the Conrad N. Hilton Foundation and Southern California Grantmakers and learn how to turn an examination of your 990-PF into an opportunity for improving internal practice, policy, and how these are communicated. Topics covered will include cautionary tales, do’s and don’ts, an overview of sections of the 990-PF that present potential risks and vulnerabilities, as well as those that present opportunities to better explain your institution's work.  

Learn About:

  • How open philanthropic data works
  • New efforts by the IRS to make your 990-PF data both free and open
  • The anatomy of your 990-PF
  • How to analyze the story your current 990-PF tells about your foundation
  • Recommendations for better communicating your foundation’s work through the 990-PF
  • Foundation policies that may need revisiting in light of new era of open 990s

 

*Please note that this session focuses only on the 990-PF, and is specifically designed for staff and board members affiliated with private foundations. Since we will look at the 990-PF as a communications tool, communications staff, foundation CEOs, and grants management teams will find it most helpful. While not a “how-to” in completing the 990-PF correctly, this session will aid finance staff in determining how best to engage other departments and team members in the process. Participants are encouraged to bring a copy of their latest 990-PF to use for interactive exercises (if you don’t have one, a sample will be provided for you).

Speakers

Janet Camarena, Director of Transparency Initiatives, Foundation Center

Janet Camarena serves as the Director of Transparency Initiatives for Foundation Center, working to champion greater foundation transparency. A key part of her role is to provide leadership for Glasspockets.org, which she helped to found and build in 2010. Glasspockets provides a variety of tools and features designed to encourage philanthropic openness. It has been recognized by the Webby Awards and was also selected as one of the Top 100 websites by PC Magazine. Prior to her current role, Camarena served as Director of Foundation Center’s regional office in San Francisco for 15 years. She was among 48 nonprofit leaders selected for the American Express Nonprofit Leadership Academy. She completed her undergraduate work at Mills College and received a master’s degree in library and information science from San Jose State University. 

 

Lauren Haverlock, Senior Manager, Moss Adams LLP

Lauren Haverlock has practiced public accounting since 2004. She provides compliance and consulting services for all types of exempt organizations, including public charities in the health care and higher education industries. She consults on a wide range of issues including public support planning, reasonable compensation best practices, tax impact of alternative investments, lobbying and political activities, unrelated business income tax planning, foreign activities, charity watchdog optimization, and tax exempt bond compliance. Lauren’s expertise also includes experience with private foundations, and she co-authored a course on private foundations for the American Institute of Certified Public Accountants. She advises private foundations on their most pertinent issues, including tax planning related to alternative and foreign investments, structuring program and mission-related investments, charitable giving structuring, transactions with disqualified persons, expenditure responsibility, and distribution planning.

 

C. Davis Parchment, Manager of Knowledge Services, Foundation Center

C. Davis Parchment serves as Manager of Knowledge Services for Foundation Center. In addition to managing several special projects for the department, she established and leads the Get on the Map Campaign, a national philanthropy data improvement effort, in partnership with the Forum for Regional Association of Grantmakers and 26 regional associations. Previously, she was the Manager for Foundation Center’s Electronic Reporting Program, a role in which she oversaw outreach efforts aimed at motivating foundations, affinity groups, regional associations, and software partners to share more timely grants information. She received her BA in Political Philosophy & Economics from Mount Holyoke College, and her Ed.M. in Education from Harvard University. Davis currently is serving on PEAK Philanthropy’s Grantmaking Standards Advisory Council and has served on numerous nonprofit boards including the Development Executives Roundtable, CAP India and Southwest Neighborhoods Inc..

 

             


Fees
No cost to participate

Who May Attend
Current SCG members and other grantmakers eligible for SCG membership.

Registration
SCG members: log in to your SCG account to register online.