Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Liabilities / Revenue
10th percentile
Higher debt load relative to revenue than 10% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Down$31,715,847
Down $900,412 (-2.8%) from 2020
Net Assets
Down$31,713,289
Down $902,970 (-2.8%) from 2020
Liabilities
Up$2,558
Up $2,558 from 2020
Revenue
Down$31,233,392
Down $279,418 (-0.9%) from 2020
Expenses
Up$1,867,855
Up $1,193,997 (+177%) from 2020
Net Income
Down$29,365,537
Down $1,473,415 (-4.8%) from 2020
The organization's principal activity is the promotion of social welfare through the provision of strategic and financial support to other organizations that support the organization's mission and are exempt under sections 501(c)(3) or 501 (c)(4).
Promotion of social welfare to other 501(c)(3) and (c)(4) organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $32,616,259 | $31,713,289 | ▼ $902,970 |
| Investments in Publicly Traded Securities | $2,521,636 | $31,711,934 | ▲ $29,190,298 |
| Investments Other Securities | $30,078,435 | - | - |
| Cash and Non-Interest-Bearing Accounts | $13,835 | $3,913 | ▼ $9,922 |
| Total Assets | $32,616,259 | $31,715,847 | ▼ $900,412 |
| Other Assets Total | $2,353 | - | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $2,558 | - |
| Total Liabilities | $0 | $2,558 | ▲ $2,558 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $32,616,259 | $31,713,289 | ▼ $902,970 |
| Total Liabilities and Net Assets / Fund Balance | $32,616,259 | $31,715,847 | ▼ $900,412 |
| Name | Title |
|---|---|
| Stewart Bainum Jr | President and Director |
| Bradford Bainum | Director |
| Matthew Bainum | Director |
| Sandra Bainum | Director |
| David J Korotkin | Assistant Secretary |
| Mary C Acker | Secretary |
| Christine AShreve | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $1,802,371 |
| Other Expenses | $65,484 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $1,802,371 | - | - | $1,802,371 |
| Fees for Service Investment Mgmnt Fees | $0 | $49,367 | $0 | $49,367 |
| Fees for Services Accounting | $0 | $14,276 | $0 | $14,276 |
| Other Expenses | $0 | $1,276 | $0 | $1,276 |
| Office Expenses | $0 | $565 | $0 | $565 |
| Total Functional Expenses | $1,802,371 | $65,484 | $0 | $1,867,855 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| The Venetoulis Institute for Local Journalism | Baltimore, MD | 501(c)(3) | Support local journalism | $1,802,371 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Stewart and Sandra Bainum are married and their 2 adult children are Bradford and Matthew Bainum all serve as Directors.”
“Certain management duties for Fund for the Common Good are performed by Realty Investment Company, Inc.primarily with respect to finance, tax & administration.”
“There is one class of Members. The Board is a separate governing body elected by the Members.”
“The Members of the Corporation have the right and duty to: Fix the authorized number of directors; elect the directors of the Corporation upon any vacancies on the Board of Directors; appoint the Board chair, who serves at the pleasure of the Members, from among the directors they elect; and remove any or all of the directors with or without cause.”
“The Members have the right to: Set the mission and policy statement of the Corporation; approve any changes to the Corporation's Certificate of Incorporation or the Bylaws; approve dissolution of the Corporation and the related distribution of assets, material sales of assets, mergers, consolidations, conversions or domestications; and approve any other fundamental transactions of the Corporation.”
“The Treasurer and Secretary prepare and review the return and then a copy of the Form 990 is made available to the full governing body before filing with the Internal Revenue Service.”
“Annual questionnaires document each Director and Officer's compliance and disclosures.”
“There are no employees. Officers and Directors are not compensated.”
“The Fund makes the organizational and governing documents available upon request.”
“The stock sold during 2021 was contributed. The donor's basis was carried over in reporting realized gain.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2558 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTION OF SOCIAL WELFARE TO OTHER 501(C)(3) AND (C)(4) ORGANIZATIONS. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Christine A Shreve |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2402951612 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 8171 Maple Lawn Blvd Ste 375 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Fulton |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20759 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 13835 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3913 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1802371 |
| IRS990/CYInvestmentIncomeAmt | 0 | 31233392 |
| IRS990/CYOtherExpensesAmt | 0 | 65484 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 29365537 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1867855 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 31233392 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/Desc | 0 | THE ORGANIZATION'S PRINCIPAL ACTIVITY IS THE PROMOTION OF SOCIAL WELFARE THROUGH THE PROVISION OF STRATEGIC AND FINANCIAL SUPPORT TO OTHER ORGANIZATIONS THAT SUPPORT THE ORGANIZATION'S MISSION AND ARE EXEMPT UNDER SECTIONS 501(C)(3) OR 501 (C)(4). |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1802371 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14276 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14276 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 49367 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 49367 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Christine AShreve |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Mary C Acker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | David J Korotkin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Stewart Bainum Jr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Sandra Bainum |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Bradford Bainum |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Matthew Bainum |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Assistant Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | President and Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2019 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 30993912 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 1802371 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 1802371 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 1802371 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 32822175 |
| IRS990/GrossReceiptsAmt | 0 | 33061655 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 239480 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 239480 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 30078435 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2521636 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 31711934 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | DE |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1828263 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE ORGANIZATION'S PRINCIPAL ACTIVITY IS THE PROMOTION OF SOCIAL WELFARE THROUGH THE PROVISION OF STRATEGIC AND FINANCIAL SUPPORT TO OTHER ORGANIZATIONS THAT SUPPORT THE ORGANIZATION'S MISSION AND ARE EXEMPT UNDER SECTIONS 501(C)(3) OR 501 (C)(4). |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 32616259 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 31713289 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 30993912 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 30993912 |
| IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -30268507 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 565 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 565 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2353 |
| IRS990/OtherExpensesGrp/Desc | 0 | Taxes and fees |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1276 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1276 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | Christine A Shreve |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 31404880 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 650000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 107930 |
| IRS990/PYOtherExpensesAmt | 0 | 23858 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 30838952 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 673858 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 31512810 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 29365537 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 32616259 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 31713289 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 1802371 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Support local journalism |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | The Venetoulis Institute for Local Journalism |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 861715499 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 621 E Pratt St 401 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Baltimore |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 21202 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Part II, Line 1, Column H Name: The Venetoulis Institute for Local Journalism Purpose: charitable & educational purposes to deliver daily news and educate without bias |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Stewart and Sandra Bainum are married and their 2 adult children are Bradford and Matthew Bainum all serve as Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Certain management duties for Fund for the Common Good are performed by Realty Investment Company, Inc.primarily with respect to finance, tax & administration. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | There is one class of Members. The Board is a separate governing body elected by the Members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Members of the Corporation have the right and duty to: Fix the authorized number of directors; elect the directors of the Corporation upon any vacancies on the Board of Directors; appoint the Board chair, who serves at the pleasure of the Members, from among the directors they elect; and remove any or all of the directors with or without cause. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Members have the right to: Set the mission and policy statement of the Corporation; approve any changes to the Corporation's Certificate of Incorporation or the Bylaws; approve dissolution of the Corporation and the related distribution of assets, material sales of assets, mergers, consolidations, conversions or domestications; and approve any other fundamental transactions of the Corporation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Treasurer and Secretary prepare and review the return and then a copy of the Form 990 is made available to the full governing body before filing with the Internal Revenue Service. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Annual questionnaires document each Director and Officer's compliance and disclosures. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | There are no employees. Officers and Directors are not compensated. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | The Fund makes the organizational and governing documents available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | The stock sold during 2021 was contributed. The donor's basis was carried over in reporting realized gain. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Pt XI |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | Foundation for the Greatest Good |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 521907725 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(c)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | Accomplish Charitable purpose to Organizations that qualify |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | PF |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 8171 Maple Lawn Blvd Ste 375 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Fulton |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 20759 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MD |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 32616259 |
| IRS990/TotalAssetsEOYAmt | 0 | 31715847 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 32616259 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 31715847 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 65484 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1802371 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1867855 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2558 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2558 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 32616259 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 31713289 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1802371 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 31233392 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 31233392 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 4 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 32616259 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 31715847 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 8171 Maple Lawn Blvd Ste 375 |
| IRS990/USAddress/CityNm | 0 | Fulton |
| IRS990/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/USAddress/ZIPCd | 0 | 20759 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Christine A Shreve |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2402951612 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Fund for the Common Good |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FUND |
| ReturnHeader/Filer/EIN | 0 | 843726722 |
| ReturnHeader/Filer/PhoneNum | 0 | 2402951612 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8171 Maple Lawn Blvd |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Fulton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20759 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 530197749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | REALTY INVESTMENT COMPANY INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8171 MAPLE LAWN BLVD STE 375 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FULTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20759 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2402951612 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mary C Acker |
| ReturnHeader/ReturnTs | 0 | 2022-11-10T04:03:57-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Christine |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Shreve |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.