Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 1,017,207 | 619,057 | 675,471 | 606,183 | 8,481,236 | 11,399,154 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 1,017,207 | 619,057 | 675,471 | 606,183 | 8,481,236 | 11,399,154 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 0 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 11,399,154 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,017,207 | 619,057 | 675,471 | 606,183 | 8,481,236 | 11,399,154 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 8,725 | 8,725 | ||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 0 | |||||
| 11 | Total support. Add lines 7 through 10 | 11,407,879 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2023 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2023 |
(iii) Distributable Amount for 2023 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2023 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2023: | ||||
| a From 2018....... | ||||
| b From 2019....... | ||||
| c From 2020....... | ||||
| d From 2021....... | ||||
| e From 2022....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2023 distributable amount | ||||
|
i
Carryover from 2018 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2023 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2023 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2024. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2019..... | ||||
| b Excess from 2020..... | ||||
| c Excess from 2021..... | ||||
| d Excess from 2022..... | ||||
| e Excess from 2023..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | 23017517 |
| Software Version: | 2023v5.1 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, Line 3 | The Foundation delegates many functions by contract to Third Plateau ("TP"), a philanthropic management and advisory services firm that provides the Foundation a range of management and administrative services and back office support, including accounting and tax preparation, purchasing insurance and risk management, mailing address and phone, administrative and vendor management, grants administration and program support. The Foundation's directors approved payment of $60,000 to TP for services in 2022. |
| Form 990, Part VI, Section A, Line 7a | Persons Who Elect Directors: Under the By-laws and California Public Benefit Nonprofit Corporation Law, the Foundation's designators elect the Foundation's directors. |
| Form 990, Part VI, Section A, Line 7b | The Foundation's designators approve any By-law amendment. All other governance issues are made by the full Board of Directors. |
| Form 990, Part VI, Section B, Line 11b | Form 990 including all schedules and attachments, are sent to the directors and members of the board in draft form seeking review and comments, along with a transmittal e-mail calling their attention to sections of the form most likely to be of interest to members of the public and potential donors. |
| Form 990, Part VI, Section B, Line 12c | The Abundance Foundation is a small organization so relationships which could give rise to conflicts are easily identifiable. In 2011, a form requesting information on conflicts resulting from any family or business relationship was sent to and completed by members of the board and corporate officers with a request to advise other members of the board of any changes that may occur in subsequent years. This form was updated by all directors and officers in 2021. If such a relationship is reported or known, the directors follow the procedures of the Conflict of Interest Policy which directs full disclosure of all facts and circumstances, consideration by the board of the nature and seriousness of the conflict and makes a decision whether to enter into the transaction and, if so, to ensure the terms of the transaction are appropriate. The potentially interested person must recuse him or herself from any decision which could benefit him or her personally. |
| Form 990, Part VI, Section B, Line 15a | The independent members of the Board consult with legal Counsel, review compensation surveys and materials complied by Counsel, and confer with individuals working in the nonprofit field to determine a reasonable salary for the CEO based on the job description and professional credentials required. |
| Form 990, Part VI, Section B, Line 15b | The full Board consults with legal Counsel, reviews compensation surveys and materials complied by Counsel, and confers with individuals working in the nonprofit field to determine a reasonable salary for the CEO based on the job description and professional credentials required. |
| Form 990, Part VI, Section C, Line 18 | No documents other than Forms 990 and 1023 are available to the public. |
| Form 990, Part VI, Section C, Line 19 | Available upon request. |
| Form 990, Part III, Question 4a (cont.) | Inspired by his mentor, Dr. Paul Farmer, Dr. Kahn has long been committed to overcoming the structural barriers that prevent robust collaboration between individuals and organizations; the very partnerships that are required to change paradigms and realize health equity. Having completed his medical training at Harvard Medical School (HMS), in 2023 Dr. Kahn continued serving on HMS's Board of Fellows and chairing its Global Health and Service Advisory Council. Ever since Dr. Farmer's unexpected death in early 2022, Dr. Kahn has worked closely with HMS to safeguard a smooth transition in the leadership of HMSs Department of Global Health and Social Medicine (DGHSM) and to ensure the lasting influence of Dr. Farmer's legacy advancing health equity. In 2023, Dr. Kahn continued to work with many of Dr. Farmers most generous donors to support existing programs to thrive and to catalyze new ambitious collaborative programs involving the Department of Global Health and Social Medicine (DGHSM) and Partners In Health (PIH), with particular attention on the University of Global Health Equity (UGHE) in Rwanda. A major milestone in this collective health equity effort involving these institutions occurred in 2023, with the creation of the Paul Farmer Collaborative that will support research, clinical training and student and faculty exchange, and the development of the field of social medicine.In 2023, Dr. Kahn continued to lead the Network of Engaged International Donors Global Health Affinity Group. The Network of Engaged International Donors is a peer-to-peer donor learning community that actively engages worldwide grantees and empowers the members of its philanthropic community to invest in meaningful, lasting change. In 2023, Dr. Kahn also sought strategies for the long-term sustainability of the work of Hands For Health, a Costa Rican non-profit, founded by Dr. Kahns mentor, Dr. Pablo Ortiz. Hands For Health seeks to improve the health and quality of life of indigenous and other vulnerable populations in Costa Rica, by highlighting and addressing social determinants of health.In 2023, the Abundance Foundation provided support for Boston Healthcare for the Homeless, an exceptional organization that provides health care and hope to people experiencing homelessness in Boston and beyond.2023 marked the thirteenth year of Abundance partnering with the Better Evidence program (at Ariadne Labs) and Wolters Kluwer to provide clinicians worldwide with free access to the digital clinical tool, UpToDate. UpToDate, was created by Dr. Kahns mentor, Dr. Bud Rose, who anticipated digital technologys role in ensuring continuous quality improvement in both healthcare and medical education. At Dr. Roses memorial service in 2023, Dr. Kahn spoke about his teacher and advocated for achieving Dr. Roses vision to ensure that every provider has just-in-time access to current, evidence-based, peer-reviewed clinical decision support. By 2023, Better Evidence has facilitated over 200,000 free subscriptions to clinicians serving vulnerable populations in 182 countries impacting more than 15 million clinical decisions. The Better Evidence for Training Program expanded to reach more than 89,000 medical students, residents, and faculty across 147 facilities in 16 countries. By working with 108 committed Champions, the Better Evidence for Training Program has been able to implement evidence-based medical tools at 59 medical schools across Africa.Dr. Kahn serves on the board of trustees of the Global Pediatric Alliance (GPA), supporting community-based healthcare, maternal, and infant health in Latin America. In 2023, Dr. Kahn's partnership and Abundance Foundation grants continued to support GPA's small grants program, which enabled community-driven projects to address severe child malnutrition, prevent respiratory diseases and burns, and strengthen the skills of 145 community health promoters in Mayan communities in Mexico and Guatemala, with a special focus on advancing maternal and child health, benefitting approximately 10,000 people.Since 2012, the Abundance Foundation has been a steadfast strategic partner and supporter of Out of Eden Walk (OOEW), supporting Pulitzer Prize-winning journalist and National Geographic Society explorer Paul Salopek on his epic 24,000-mile on-foot journey tracing the path of human migrationa quest that continues today. In 2023, Abundance Foundations President, Dr. Kahn, continued to serve on OOEW's Board of Directors. Part of the Walks impact is derived from Pauls storytelling, which includes 11 print stories in National Geographic magazine and feature articles in The New Yorker, Politico, and The New York Times. The Walks impact is also seen in the work of thousands of journalists and storytellers worldwide who, inspired by its educational programs, have adopted a similarly mindful approach to their projects and careers. In 2023, Paul walked across China, where indigenous artists and storytellers created their own interpretations of the Walk, which were exhibited at NYU-Shanghais Institute for the Contemporary Arts flagship gallery space. OOEW also advanced its slow journalism mission through workshops for journalists in China and India. Stories by journalists in India who participated in NG-sponsored OOEW workshops reached 25 million readers. In 2023, Dr. Kahn provided guidance to ensure the legacy and impact of OOEW by collaborating with expert consultants to develop a strategic plan. This plan aims to preserve and amplify the Walks growing multimedia archive and legacy programs in education, cross-cultural bridge building, and professional development for journalists.Abundance was the original supporter and strategic partner for the creation of Out of Eden Learn (OOEL), a unique social media-like learning platform for students aged 319. Since 2013, students inspired by the Out of Eden Walk (OOEW) have been invited on multi-week learning journeys in which students explore their own local communities and join with students of similar ages from diverse geographical and socioeconomic settings to share and compare their experiences. As of 2023, this completely free program has engaged more than 70,000 students in over 44 states and 70 countries. OOEL is an initiative of Project Zero, a research institute at the Harvard Graduate School of Education, and in 2023, the OOEL team continued to work on an e-book thathas implications for broadly changing classroom practices, far beyond the specifics of intercultural digital exchange. This book distills a Project Zero-developed pedagogical approach cultivated and supported by the Abundance Foundation since 2013. In 2023, the Abundance Foundation advised and supported OOEL in multifaceted ways, including continuing to support the rebranding efforts from Out of Eden Learn to Open Canopy, and helping to envision the ongoing connection between The Open Canopy and Out of Eden Walk, particularly as Paul Salopek gets closer to entering the Americas. In 2023, OOEL continued to invite young people to (1) slow down so that they can carefully observe the world around them and listen attentively to others, (2) share stories and perspectives with one another, and (3) make connections between their own lives and bigger stories, forces, and systems. |
| Software ID: | 23017517 |
| Software Version: | 2023v5.1 |