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Borealis Philanthropy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464598642 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Borealis Philanthropy?

Borealis Philanthropy is a Minneapolis-based nonprofit organization that channels resources towards communities thriving towards transformation, with those most affected by injustice leading the way. By investing in leaders, organizations, and movements that employ diverse and innovative strategies, Borealis Philanthropy aims to shift power and invest in communities, ultimately pursuing transformational change. In 2022, they granted over $11.6 million to various grantee partners, supporting organizational development, special opportunities, and rapid response initiatives. Their mission aligns with the Movement for Black Lives and other politically aligned organizations, fostering policy agendas and building local community power.


Official website here: www.borealisphilathropy.org

Is Borealis Philanthropy legitimate?

Borealis Philanthropy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Borealis Philanthropy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $260,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,396,769

For more financial information, click here


Official website here: www.borealisphilathropy.org

What is the mission statement of Borealis Philanthropy?

Borealis Philanthropy channels resources towards individuals and groups building thriving communities that benefit everyone, with those disproportionately affected by injustice taking the lead. They invest in dynamic leaders, organizations, and movements employing diverse and innovative approaches to instigate transformational change. Working with donors, they extend support to various movements in ways they might not be able to manage independently. Through collaboration with both funders and grantee partners, Borealis Philanthropy strives to redistribute power and invest in communities.


Official website here: www.borealisphilathropy.org

Who is the CEO of Borealis Philanthropy?

Amoretta Morris is the Director of Borealis Philanthropy.


Official website here: www.borealisphilathropy.org

What is the revenue of Borealis Philanthropy?

Borealis Philanthropy's revenue in 2022 was $37,532,996.


Official website here: www.borealisphilathropy.org

Who are the executives of Borealis Philanthropy and what are their salaries?

The average compensation at Borealis Philanthropy during 2022 was $95,046. There are 49 employees and 8 volunteers at Borealis Philanthropy.

Here are 15 key members and their salaries:

    Amoretta Morris (President)
  • Compensation: $208,273
  • Related: $0
  • Other: $18,119

    • Maya Wiener-Berkowitz (Director Of Development)
  • Compensation: $173,442
  • Related: $0
  • Other: $17,632

    • Ryan Li Dahlstrom (Director Of Programs)
  • Compensation: $173,742
  • Related: $0
  • Other: $16,081

    • Winifred Olliff (Director Of Operations)
  • Compensation: $171,194
  • Related: $0
  • Other: $15,372

    • Julia Beatty (Program Fund Director)
  • Compensation: $150,831
  • Related: $0
  • Other: $15,450

    • Makkah Ali (Program Fund Director)
  • Compensation: $143,546
  • Related: $0
  • Other: $6,782

    • Rebecca Luxenberg (Director Of Finance (Started 10/22))
  • Compensation: $28,765
  • Related: $0
  • Other: $5,348

    • Charles Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ebony Harper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Inca Mohammed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabel Sousa-Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Simran Noor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Ching (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Bell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Garland Yates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.borealisphilathropy.org

    Where can I find the form 990 for Borealis Philanthropy?

    The Borealis Philanthropy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.borealisphilathropy.org

    Learn more at the official website: www.borealisphilathropy.org

    Mission Statement of Borealis Philanthropy

    Borealis Philanthropy is a philanthropic organization that channels resources towards individuals and communities striving to build thriving, inclusive spaces that benefit everyone, with those most affected by injustice taking the lead. Empowering people, Borealis Philanthropy invests in innovative leaders, organizations, and social movements, providing them with the means to bring about transformative change. In conjunction with donors, Borealis Philanthropy collaborates to support movements that might otherwise be beyond their reach. Through its partnerships with both funders and grantees, Borealis Philanthropy aspires to redistribute power and invest in communities. By funding and amplifying the efforts of those at the forefront of change, Borealis Philanthropy strives to bring about a more equitable and just society.

    Impact

    This information is meant to be a general summary of Borealis Philanthropy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Borealis Philanthropy directs resources to support people in building powerful and thriving communities, with a focus on those most impacted by injustice leading the way. By investing in leaders, organizations, and movements that employ diverse and innovative strategies for transformational change, Borealis Philanthropy works with donors to bolster movements in ways they may not be able to do independently. Through collaborative efforts with funders and grantee partners, the organization aims to shift power dynamics and invest in communities to drive positive social impact.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $354,807
  • Program Service Revenue: $0
  • Gross Receipts: $37,532,996

    • Assets and Liabilities:
  • Total Assets: $88,580,581
  • Total Liabilities: $11,409,800
  • Net Assets: $77,170,781
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Amoretta Morris

    Main Address

    PO BOX 3295, MINNEAPOLIS, MN, 55403

    NTEE Category

    Code: A99 - Arts

    If you are a representative of Borealis Philanthropy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.