JUST CAPITAL FOUNDATION INC

EIN: 364764467 501(c)(3) Social Science

NEW YORK, NY

Total Revenue
$11,808,522
Total Expenses
$10,665,626
Total Assets
$5,019,521
Net Assets
$2,640,029
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DE
Principal Officer
MARTIN WHITTAKER
Phone
6468542141
Tax Period
2024-01-01 to 2024-12-31

JUST CAPITAL FOUNDATION INC, founded in 2013, is a mid-sized nonprofit in the Social Science sector that reported $11.8M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $10.7M left a modest 10% surplus.

Mission

JUST CAPITAL'S MISSION IS TO BUILD A MORE JUST ECONOMY THAT WORKS FOR ALL AMERICANS BY HELPING COMPANIES IMPROVE HOW THEY SERVE ALL THEIR STAKEHOLDERS - WORKERS, CUSTOMERS, COMMUNITIES, THE ENVIRONMENT, AND SHAREHOLDERS - AS DEFINED BY THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $8,567,180 Revenue: $680,764

JUST CAPITAL IS THE ONLY INDEPENDENT NONPROFIT THAT TRACKS, ANALYZES, AND ENGAGES WITH LARGE CORPORATIONS AS WELL AS THEIR INVESTORS ON HOW THEY PERFORM ON THE AMERICAN PUBLIC'S PRIORITIES. OUR...

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JUST CAPITAL IS THE ONLY INDEPENDENT NONPROFIT THAT TRACKS, ANALYZES, AND ENGAGES WITH LARGE CORPORATIONS AS WELL AS THEIR INVESTORS ON HOW THEY PERFORM ON THE AMERICAN PUBLIC'S PRIORITIES. OUR RESEARCH, RANKINGS, INDEXES, AND DATA-DRIVEN TOOLS EMPOWER ALL MARKET PARTICIPANTS TO HELP BUILD AN ECONOMY THAT WORKS FOR ALL AMERICANS. WE POLL AMERICANS EVERY YEAR TO IDENTIFY THE ISSUES THAT MATTER MOST IN DEFINING JUST BUSINESS BEHAVIOR TODAY. WE THEN DEFINE METRICS THAT MAP TO THOSE ISSUES AND TRACK AND ANALYZE THE LARGEST, PUBLICLY TRADED U.S. COMPANIES. SINCE 2015 WE'VE SURVEYED NEARLY 185,000 AMERICANS ON THEIR PRIORITIES FOR CAPITALISM AND JUST BUSINESS BEHAVIOR. OUR SURVEY RESEARCH NOT ONLY PROVIDES A CLEAR ROADMAP FOR WHAT ISSUES MATTER MOST TO THE AMERICAN PUBLIC WHEN IT COMES TO JUST BUSINESS BEHAVIOR, BUT ALSO DETAILS TIMELY, RELEVANT INSIGHTS INTO AMERICAN SENTIMENTS INTO THE MOST CRITICAL ISSUES OF OUR TIME.IN 2024, WE TRACKED, ANALYZED, AND RANKED 940 COMPANIES ACROSS FIVE STAKEHOLDER GROUPS, 17 ISSUES, AND 88 DATA POINTS. OF THESE COMPANIES, 560 REGISTERED FOR OUR CORPORATE PORTAL AND 274 ENGAGED WITH OUR DATA REVIEW PERIOD, REPRESENTING APPROXIMATELY 9 MILLION WORKERS, OVER 5% OF THE TOTAL U.S. WORKFORCE. 45% OF RANKED COMPANIES STATED THAT OUR WORK HELPED INFORM AND/OR PROMPT IMPLEMENTATION OF NEW POLICIES OR PRACTICES WITHIN THEIR ORGANIZATION, OR RESULTED IN GREATER PUBLIC DISCLOSURE. OF THOSE RESPONDENTS WHO NOTED OTHERWISE, 57% SAID THAT ENGAGEMENT WITH OUR WORK PROMPTED CONVERSATION OR CONSIDERATION ABOUT OPPORTUNITIES FOR IMPROVEMENT ON THE ISSUES WE COVER. OUR ANNUAL RANKINGS OF AMERICA'S MOST JUST COMPANIES SHOWCASED THE COMPANIES AT THE FOREFRONT OF STAKEHOLDER-DRIVEN LEADERSHIP, TRACKING HOW CORPORATE LEADERS DELIVERED VALUE TO ALL THEIR STAKEHOLDERS. IN 2024, WE CONTINUED OUR PARTNERSHIP WITH CNBC WHICH INCLUDES THE EXCLUSIVE RIGHTS TO PUBLISH THE JUST 100 LIST OF COMPANIES LEADING OUR RANKING OF AMERICA'S MOST COMPANIES, AS WELL AS ONGOING PROFILES AND SEGMENTS THAT ELEVATE STAKEHOLDER METRICS ON PAR WITH TRADITIONAL FINANCIAL METRICS TO DEFINE WHAT GOOD LOOKS LIKE REGARDING CORPORATE PERFORMANCE TODAY. IN ADDITION TO THE RANKINGS, THROUGHOUT 2024 WE BUILT OUT DATA-DRIVEN INSIGHTS AND PROGRAMMATIC INITIATIVES, PARTNERSHIPS, AND PRODUCTS TO DIRECTLY ENCOURAGE AND SUPPORT CORPORATIONS TO ADOPT MORE JUST BUSINESS PRACTICES. JUST CAPITAL ALSO HELPS DRIVE CAPITAL TOWARD MORE JUST COMPANIES THROUGH DEVELOPING INVESTMENT PRODUCTS, CONVENING INVESTORS FOR TIMELY CONVERSATIONS, AND DEMONSTRATING THE CONNECTION BETWEEN STAKEHOLDER PERFORMANCE AND MARKET PERFORMANCE. JUST CAPITAL POLLING HAS SHOWN THAT AMERICAN PEOPLE WANT COMPANIES TO CREATE VALUE FOR ALL THEIR STAKEHOLDERS AS A PATH TO CREATING MORE VALUE FOR THEIR SHAREHOLDERS, FOR THEMSELVES, AND FOR SOCIETY AT LARGE. THROUGHOUT THE COMING YEAR, JUST'S RESEARCH, POLLING, ANALYSIS, AND PROGRAMS WILL WORK TO INCENTIVIZE, GUIDE, AND SUPPORT COMPANIES' EFFORTS TO REBUILD TRUST WITH AND CREATE PATHWAYS FOR PROSPERITY FOR ALL STAKEHOLDERS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,041,028
Program Service Revenue $680,764
Investment Income $7,075
Other Revenue $79,655
TOTAL REVENUE $11,808,522

Expense Breakdown

Grants Paid $525,000
Salaries & Benefits $7,856,227
Fundraising Expenses $846,462
Program Expenses $8,567,180
Other Expenses $2,284,399
TOTAL EXPENSES $10,665,626

Year-over-Year Comparison

2024 2023 Change
Revenue $11,808,522 $10,375,842 +0.1%
Expenses $10,665,626 $12,540,775 -0.1%
Net Income $1,142,896 $-2,164,933 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
28
Independent Members
28
Employees
60
Volunteers
28

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
8
$1,624,520
Total Directors
28
$0
Key Employees
2
$644,972
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN H FLEISCHMANN DIRECTOR 2.00
Director
$0 $0 $0
AMY LIU SECRETARY 2.00
Officer Director
$0 $0 $0
ANDREA JUNG DIRECTOR 2.00
Director
$0 $0 $0
ANNETTE NAZARETH DIRECTOR 2.00
Director
$0 $0 $0
ARIANNA HUFFINGTON DIRECTOR 2.00
Director
$0 $0 $0
DAN ARIELY DIRECTOR 2.00
Director
$0 $0 $0
DAN HESSE DIRECTOR 4.00
Director
$0 $0 $0
DAN SCHULMAN CHAIRMAN, DIRECTOR 4.00
Officer Director
$0 $0 $0
DAVID KAMENETZKY DIRECTOR 2.00
Director
$0 $0 $0
HOLLY GORDON DIRECTOR 2.00
Director
$0 $0 $0
JASON WINGARD DIRECTOR 0.50
Director
$0 $0 $0
JIM BILDNER DIRECTOR 0.50
Director
$0 $0 $0
JOHN ROGERS JR DIRECTOR 0.50
Director
$0 $0 $0
KIP TINDELL DIRECTOR 2.00
Director
$0 $0 $0
LAUREL BRITTON DIRECTOR 4.00
Director
$0 $0 $0
MARC H MORIAL DIRECTOR 2.00
Director
$0 $0 $0
MARK WEINBERGER DIRECTOR 4.00
Director
$0 $0 $0
MICHAEL WEINSTEIN DIRECTOR 4.00
Director
$0 $0 $0
MINDY LUBBER DIRECTOR 2.00
Director
$0 $0 $0
PAT RUSSO DIRECTOR 2.00
Director
$0 $0 $0
PAUL T JONES II EMERITUS CHAIR, DIRECTOR 4.00
Officer Director
$0 $0 $0
PETER GEORGESCU DIRECTOR 4.00
Director
$0 $0 $0
RAY CHAMBERS DIRECTOR 2.00
Director
$0 $0 $0
RINALDO BRUTOCO DIRECTOR 4.00
Director
$0 $0 $0
ROBERT DEUTSCH TREASURER & DIRECTOR 4.00
Officer Director
$0 $0 $0
ROOSEVELT GILES DIRECTOR 4.00
Director
$0 $0 $0
SUSHMITA BANERJEE DIRECTOR 4.00
Director
$0 $0 $0
XAVIER DE SOUZA BRIGGS DIRECTOR 2.00
Director
$0 $0 $0
ALISON OMENS PRESIDENT 50.00
Officer
$295,970 $78,972 $374,942
MARTIN WHITTAKER CHIEF EXECUTIVE OFFICER 50.00
Officer
$650,360 $69,640 $720,000
RYAN D O'GRADY SEN. DIR., FIN AND OPERATIONS 50.00
Officer
$133,220 $52,960 $186,180
TERESA YUNG CHIEF FIN. AND OPS (OUTGOING) 50.00
Officer
$281,387 $62,011 $343,398
MOHAMMAD TAHIR KHAN CHIEF TECHNOLOGY OFFICER 50.00
Key Emp
$262,240 $75,115 $337,355
TOLU LAWRENCE CHIEF IMPACT OFFICER 50.00
Key Emp
$232,400 $75,217 $307,617
BENJAMIN KING MD CORPORATE STRATEGY & ENGMT. 40.00
Highest
$174,710 $74,756 $249,466
JENNIFER TONTI MD SURVEY RES. & INSIGHTS 40.00
Highest
$177,220 $53,417 $230,637
MONA PATNI SD QUANT RES. & ANALYTIC 40.00
Highest
$190,400 $63,089 $253,489
SHASHANK SHETH MANAGING DIRECTOR OF DATA 40.00
Highest
$190,992 $52,903 $243,895
TRACY STEWART MD INVESTOR STRATEGIES 40.00
Highest
$224,781 $43,886 $268,667
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
2025 No data No data No data No data
2024 $11,808,522 $10,665,626 $5,019,521 $1,142,896
2023 $10,375,842 $12,540,775 $4,243,276 $-2,164,933
2022 $12,412,396 $12,134,342 $6,557,999 $278,054
2021 $11,131,024 $10,954,067 $4,314,649 $176,957
2020 $16,519,621 $9,282,709 $3,914,783 $7,236,912
2019 $7,322,243 $8,094,984 $2,155,039 $-772,741
2018 $6,442,151 $7,352,348 $1,302,262 $-910,197
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