Fjc
Also known as Fjc - a Foundation of Philanthropic Funds
Fjc reported $79.4 million in revenue and $49.5 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $95.45 went to program services, $4.33 to management and general costs and $0.22 to fundraising. Its largest source of revenue was contributions and grants: 79.8% of the total. The highest compensation it reported for one person was $375,451 (CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 93% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $49MFor context, the median across 274 covered crime & legal-related charities: $87.85 programs, $11.30 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $79MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.5% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.3% | 11.1% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 79.8% | 94.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 50.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.3% | 0.7% |
| Highest reported compensation Part VII-A, columns D–F | $375,451 | $245,814 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.76% | 1.41% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 102.3 | 6.4 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseDonor advised funds & specialized accounts. Fjc provides a boutique, customizable service to its account holders, collaborating with imaginative donors who seek more creative approaches. While most account holders at fjc use donor advised fund (daf) accounts conventionally (recommending grants to their favorite charities), we accommodate donors who want to deploy funds as loans, recoverable grants, or impact investments. We have hosted funder collaboratives, scholarship and award programs, and other variations on philanthropic accounts that meet the needs of both donors and an evolving…
Fiscal sponsorship. Fjc incubates a wide range of nonprofit organizations and projects that have not received their 501(c)(3) status. Our scaled platform provides operational efficiencies to participants, allowing them to receive tax-deductible contributions and distribute funds as grants or vendor payments. While some organizations "graduate" from our fiscal sponsorship and receive their own 501(c)(s) designation, others prefer to stay with fjc to take advantage of our cost-effective services. The program is flexible regarding mission, serving organizations that focus on arts, education…
Agency loan fund. A bespoke impact investment offered to our donors as part of our standard investment menu, fjc's agency loan fund (alf), allows donors the opportunity to invest a portion of their accounts in loans to a diversified pool of nonprofit organizations. Fjc staff originate and underwrite these loans, which are approved by a subcommittee of fjc's board, which maintains rigorous credit standards. Interest and principal payments from the loans grow the accounts of participating donors (typically between 4-6% per annum). In addition to fjc's rigorous credit standards, credit…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $308,338 | $0 | $67,113 | $375,451 |
| CFO/CIO Officer, 40.00 hrs/week | $220,152 | $0 | $66,949 | $287,101 |
| COO Key employee, 40.00 hrs/week | $199,886 | $0 | $45,443 | $245,329 |
| SECRETARY, CHIEF LEGAL OFFICER Officer, 40.00 hrs/week | $204,283 | $0 | $26,204 | $230,487 |
| CONTROLLER Highest compensated employee, 40.00 hrs/week | $146,874 | $0 | $49,441 | $196,315 |
| SENIOR MANAGER THRU MAY 2025 Highest compensated employee, 40.00 hrs/week | $107,243 | $0 | $22,445 | $129,688 |
| SENIOR MANAGER Highest compensated employee, 40.00 hrs/week | $104,019 | $0 | $22,417 | $126,436 |
7 people received more than $100,000 in reportable compensation from Fjc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 512
- Volunteers Part I, line 68
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FIDUCIARY TECHNOLOGY PARTNERS LLC Info tech support and services | $109,565 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
34 private foundations reported grants to Fjc totaling $3.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Fjc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fjc, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Fjc spent in FY2025, $95.45 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- KindWashington, DC · revenue $79M · programs 80.6% · 2024
- Massachusetts Legal Assistance CorpBoston, MA · revenue $82M · programs 96.5% · FY2025
- Legal Aid Foundation of Los AngelesLos Angeles, CA · revenue $78M · programs 88.9% · 2025
- Children's Advocacy Centers of TexasAustin, TX · revenue $86M · programs 97.1% · FY2025
- Oriana HouseAkron, OH · revenue $75M · programs 95.3% · 2024
All crime & legal-related charities · Largest charities in New York
Questions people ask
How much of Fjc's spending goes to programs?
In the fiscal year ending March 31, 2025, Fjc reported that 95.5% of its $49.5 million in expenses went to program services, 4.3% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Fjc pay its top executive?
The largest total compensation Fjc reported for one person in the fiscal year ending March 31, 2025 was $375,451, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Fjc get its money?
Of $79.4 million in revenue in the fiscal year ending March 31, 2025, 79.8% came from contributions and grants and 3.3% from program service revenue (Form 990, Part VIII).
Is Fjc a registered charity?
The IRS lists EIN 13-3848582 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202610449349302011 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202540489349301704 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202430439349302113 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202320349349300427 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202230469349302128 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202100479349301310 · read the filing
All filings for EIN 13-3848582: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.