THOMSON REUTERS FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

CAROLINA HENRIQUEZ SCHMITZ

Phone

6462234282

Tax Period

2023-01-01 to 2023-12-31

THOMSON REUTERS FOUNDATION INC, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $185K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

THE ORGANIZATION'S PURPOSE IS TO OFFER HUMANITARIAN RELIEF SUPPORT COMMUNITY PROJECTS, HEALTH CARE, ENVIRONMENTAL AND ARTS PROJECTS; AS WELL AS TO PROVIDE DISASTER EMERGENCY RELIEF IN RESPONSE TO HUMANITARIAN CRISES THROUGHOUT THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $12,500 Revenue: $0

TRUST LAW: OBJECTIVE: WE SPREAD THE PRACTICE OF PRO BONO AROUND THE WORLD, CONNECTING THE BEST LAW FIRMS AND CORPORATE LEGAL TEAMS WITH HIGH IMPACT NGOS AND SOCIAL ENTERPRISES WORKING TO CREATE...

TRUST LAW: OBJECTIVE: WE SPREAD THE PRACTICE OF PRO BONO AROUND THE WORLD, CONNECTING THE BEST LAW FIRMS AND CORPORATE LEGAL TEAMS WITH HIGH IMPACT NGOS AND SOCIAL ENTERPRISES WORKING TO CREATE SOCIAL PROGRESS.

Program 2

Expenses: $0 Revenue: $0

TRUST CONFERENCE: WE CONVENE THOUGHT LEADERS, DECISION MAKERS AND ACTIVISTS TO TAKE ACTION TO PUT THE RULE OF LAW BEHIND WOMEN'S RIGHTS, AND TO FIGHT MODERN DAY-SLAVERY.

Program 3

Expenses: $170,000 Revenue: $0

UNDER REPORTED STORIES: WE COVER THE WORLD'S UNDER REPORTED STORIES: HUMANITARIAN ISSUES, WOMEN'S RIGHTS, THE HUMAN IMPACT OF CLIMATE CHANGE, AND MODERN-DAY SLAVERY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $185,080

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,080

Expense Breakdown

Grants Paid $185,080

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,080

Other Expenses $0

TOTAL EXPENSES $185,080

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,080	$220,000	-0.2%
Expenses	$185,080	$220,000	-0.2%
Net Income	$0	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER WARWICK	PRESIDENT & DIRECTOR	1.0	Officer Director	$0	$0	$0
ANYA SCHIFFRIN	CHAIRPERSON & DIRECTOR	1.0	Officer Director	$0	$0	$0
COURTNEY DIESEL O'DONNELL	DIRECTOR UNTIL 11/30/2023	1.0	Director	$0	$0	$0
JAYA ADAPA	DIRECTOR	1.0	Director	$0	$0	$0
FRANCESCO BONGARRA	DIRECTOR	1.0	Director	$0	$0	$0
ELIZABETH FREEMAN	DIRECTOR	1.0	Director	$0	$0	$0
SEAN CANNIZZARO	TREASURER, VP & ASST SECRETARY	1.0	Officer	$0	$0	$0
HELEN V STAMATIADIS	SECRETARY	1.0	Officer	$0	$0	$0
JOSEPH KAPUSTYNSKI	ASSISTANT SECRETARY	1.0	Officer	$0	$0	$0
CAROLINA HENRIQUEZ SCHMITZ	ASSISTANT SECRETARY	1.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$185,080	$185,080	$203,829	No data
2022	$220,000	$220,000	$238,749	No data
2021	$246,000	$246,000	$264,749	No data
2020	$101,181	$101,181	$119,576	No data
2019	$154,453	$154,453	$138,118	No data