The Tenure Facility Fund
The Tenure Facility Fund reported $14.2 million in revenue and $1.0 million in expenses for calendar year 2024. Of every $100 it spent, $77.69 went to program services, $21.48 to management and general costs and $0.83 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $112,500 (CFO/COO). 1 person received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.0MFor context, the median across 371 covered environment charities: $85.82 programs, $10.80 management, $3.38 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.7% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.5% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.8% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 100.0% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $112,500 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 10.85% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 1 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 152.0 | 18.8 |
| Independent voting board members Part VI 1a–1b | 3 of 3 | 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
2024 · Form 990, Part III · the three largest programs by expenseIn 2024 we established the organization's management team and staff and began operations. We also finalized banking, grantmaking policies and procedures, and a workplan for 2024 and beyond. We established a fiscal sponsorship arrangement with turning tides, an international grant facility dedicated to supporting the tenure and rights of local communities, small-scale fishers and fish workers, and indigenous peoples. In 2024 turning tides began grantmaking: we approved grants of $278,000 that will support our partners and their mission
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| CFO/COO Highest compensated employee, 40.00 hrs/week | $112,500 | $0 | $0 | $112,500 |
| EXECUTIVE DIRECTOR Officer, 5.00 hrs/week | $0 | $9,720 | $0 | $9,720 |
1 people received more than $100,000 in reportable compensation from The Tenure Facility Fund (Part VII, line 2).
1 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b3 · 3 independent
- Audited financial statements Part XII 2bNo
- 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 15aNo
- 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 52
Correct a figure or respond
Every number above is copied from The Tenure Facility Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Tenure Facility Fund, you can publish a response that is linked from this page.
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Of every $100 The Tenure Facility Fund spent in 2024, $77.69 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Tenure Facility Fund's spending goes to programs?
In calendar year 2024, The Tenure Facility Fund reported that 77.7% of its $1.0 million in expenses went to program services, 21.5% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does The Tenure Facility Fund pay its top executive?
The largest total compensation The Tenure Facility Fund reported for one person in calendar year 2024 was $112,500, for the role of CFO/COO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Tenure Facility Fund get its money?
Of $14.2 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is The Tenure Facility Fund a registered charity?
The IRS lists EIN 93-3976724 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 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523179349311107 · read the filing · XML
All filings for EIN 93-3976724: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.