New America Foundation

“The board of directors may elect or appoint one or more committees (including but not limited to an executive committee) and may delegate to any such committee or committees any or all of their powers, provided that any committee to which the powers of the directors are delegated shall consist solely of directors. Unless the directors otherwise determine, an executive committee elected by the directors shall have the power to act for the full board of directors on all matters between meetings of the directors except for such matters as may be provided by law or the articles of incorporation.”

“The form 990 is reviewed by management and the audit/finance committee before it is signed by a member of the executive team and filed with the irs.”

“Board of directors and employees are required to fill out and sign a conflict of interest form annually to disclose any activites or interests that could give rise to conflict. A member of the operations team monitors compliance with this policy.”

“The president's compensation is reviewed and determined by the board of directors annually. All staff salaries are determined by talent development & management (tdm), in consultation with the respective program directors, and reviewed and approved by the senior leadership team and/or the president.”

“The organization makes its governing documents and financial statements available to the public upon request and on the website guidestar.org. The conflict of interest policy is available on new america's website.”

“The organization added two new programs to their domestic policy programs: opportunity@work - opportunity@work aims to rewire the demand side of the u.s. Job market and implement new methods for matching talent to jobs. The program is working to streamline and scale the adoption of existing tools, methods, public policies, and business practices in order to establish pathways into high-value work through high-quality training and create a more inclusive job market. Reinventing the think tank - new america is overhauling the traditional think tank model by developing a new model of civic enterprise, which experiments with ideas and solutions to public problems on the ground through direct action, collaborative policy processes, or artistic expression. Civic enterprise also seeks to connect citizens to government by building broad conversations, convening a wide variety of perspectives, and publishing ideas and stories that spark debate and encourage readers to keep reading, clicking, and ultimately responding. The organization also added the following program service: events, editorial and communications program - the mission of the events, editorial and communications program is to bring the work done by staff at new america to an audience of thought leaders, change makers, and intellectuals of both today and tomorrow across the country. This is accomplished in four ways: showcasing the work of policy staff by producing policy papers and data visualizations; translating that policy into op-eds and articles so as to engage readers with the most pressing policies, ideas, and issues of the day (both in our own central editorial products and in other outlets); convening those who want to be in the room where it happens for events that create a space for genuine dialogue; amplifying all of the above through social media, strong media relations, live streaming, video production, and more, all so that even those americans who aren't in washington, d.c. Or new york or san francisco or chicago, or who don't yet know about our think tank and civic enterprise, can learn who we are and what we are doing to ensure that the new america is more equitable and informed than the old.”

“The organization ceased the x-lab program, which anticipated the disruptions and potentially dystopian outcomes of different policy options and aimed to help humanity change course through bold policy interventions, policy-conscious technology development, and novel business models.”

“Fellows: program service expenses 964,022. Management and general expenses 130,344. Fundraising expenses 20,267. Total expenses 1,114,633. Consultants: program service expenses 2,261,498. Management and general expenses 305,774. Fundraising expenses 47,543. Total expenses 2,614,815. Other professional services: program service expenses 395,581. Management and general expenses 53,486. Fundraising expenses 8,316. Total expenses 457,383. Payroll processing fees: program service expenses 11,730. Management and general expenses 46,767. Fundraising expenses 0. Total expenses 58,497. Professional fees: program service expenses 3,522. Management and general expenses 14,041. Fundraising expenses 0. Total expenses 17,563.”

“The organization has not changed its audit oversight process or process of selection of an independent accountant during the tax year.”