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Shared Ascent Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 834584093 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

Overview

What is Shared Ascent Fund?

Shared Ascent Fund (SAF) is a California-based nonprofit organization situated in Sacramento. Its mission is to uphold democratic values, promote health, and advance social equity. In 2022, SAF actively contributed to preserving voting rights, strengthening healthcare policies, and combating systemic racism in America. Besides grantmaking, SAF also serves as a fiscal sponsor, offering administrative services to organizations such as the Student Borrower Protection Center and the Coalition to Expand Contraceptive Access. The Student Borrower Protection Center has been instrumental in safeguarding student loan borrowers nationwide, while the Coalition to Expand Contraceptive Access works to broaden contraceptive access through policy and research, ultimately promoting sexual and reproductive health equity and reproductive quality of life for all individuals.


Official website here: www.sharedascentfund.org

Is Shared Ascent Fund legitimate?

Shared Ascent Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shared Ascent Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $32,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,797,173

For more financial information, click here


Official website here: www.sharedascentfund.org

What is the mission statement of Shared Ascent Fund?

The Shared Ascent Fund's mission is centered around promoting the common good and upholding democratic values. It strives to enhance health care policies and access for all, and works towards combating systemic racism in America. In addition to grantmaking, the Shared Ascent Fund serves as a fiscal sponsor, providing administrative services to organizations such as the Student Borrower Protection Center and the Coalition to Expand Contraceptive Access. These organizations are dedicated to protecting student loan borrowers and halting abuses in the student loan industry, respectively, and expanding contraceptive access to advance sexual and reproductive health equity and reproductive quality of life for all individuals.


Official website here: www.sharedascentfund.org

Who is the CEO of Shared Ascent Fund?

Avi Garbow is the Dir., President of Shared Ascent Fund.


Official website here: www.sharedascentfund.org

What is the revenue of Shared Ascent Fund?

Shared Ascent Fund's revenue in 2022 was $6,441,198.


Official website here: www.sharedascentfund.org

Who are the executives of Shared Ascent Fund and what are their salaries?

The average compensation at Shared Ascent Fund during 2022 was $78,602. There are 36 employees and 6 volunteers at Shared Ascent Fund.

Here are 15 key members and their salaries:

    Jamie Hart (Dir., Contraceptive Access)
  • Compensation: $304,844
  • Related: $0
  • Other: $31,089

    • Michael Pierce (Dir., Student Borrowing Ctr.)
  • Compensation: $229,914
  • Related: $0
  • Other: $34,506

    • Lisa F Stern (Deputy Dir., Contraceptive Access)
  • Compensation: $207,110
  • Related: $0
  • Other: $19,242

    • Persis Siching Yu (Pol. Dir./Counsel, Stdt. Borr. Ctr.)
  • Compensation: $189,350
  • Related: $0
  • Other: $10,367

    • Katherine Welbeck (Advocacy Dir., Stdt. Borr. Center)
  • Compensation: $157,035
  • Related: $0
  • Other: $18,287

    • Avi Garbow See Sched O (Dir., President) [Trustee/Director]
  • Compensation: $16,540
  • Related: $74,433
  • Other: $0

    • Rosina Bugarin See Sched O (Treasurer; Chief Financial Officer)
  • Compensation: $8,031
  • Related: $27,150
  • Other: $0

    • Helena Choi See Sched O (Secretary; Vice President)
  • Compensation: $5,574
  • Related: $18,183
  • Other: $0

    • Michael Mantell--Pres Thru (1/10/22, Then Sr. Adv. (See Sched O))
  • Compensation: $2,363
  • Related: $16,145
  • Other: $0

    • Steve Daetz (Director; Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher J Elliman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Burnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Kongsgaard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Roy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Preston Pinkett Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sharedascentfund.org

    Where can I find the form 990 for Shared Ascent Fund?

    The Shared Ascent Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sharedascentfund.org

    Learn more at the official website: www.sharedascentfund.org

    Mission Statement of Shared Ascent Fund

    The Shared Ascent Fund, a nonprofit organization, is dedicated to promoting the common good by upholding democratic values, advocating for health, and advancing social equity. In line with this mission, the Shared Ascent Fund has supported initiatives aimed at maintaining and strengthening voting rights, enhancing healthcare policies, and counteracting systemic racism in America. Beyond grant-making, this organization serves as a fiscal sponsor, offering administrative services such as human resources, legal, financial, and technological support to organizations like the Student Borrower Protection Center. The Student Borrower Protection Center has been leading a nationwide effort to safeguard student loan borrowers and halt the widespread abuses prevalent in the student loan industry. Additionally, the Shared Ascent Fund supports the Coalition to Expand Contraceptive Access, an organization that works to expand contraceptive access by leveraging policy and research to advance sexual and reproductive health equity and improve the reproductive quality of life for all individuals.

    Impact

    This information is meant to be a general summary of Shared Ascent Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Shared Ascent Fund's impact can be seen in its efforts to maintain and strengthen voting rights, improve healthcare policies and access for all, and address systemic racism in America. In addition to providing grants, Shared Ascent Fund serves as a fiscal sponsor, offering administrative services to organizations like the Student Borrower Protection Center and the Coalition to Expand Contraceptive Access. By supporting these initiatives, Shared Ascent Fund contributes to the protection of student loan borrowers and the expansion of contraceptive access, ultimately working towards promoting social equity and upholding democratic values.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,008
  • Program Service Revenue: $406,350
  • Gross Receipts: $8,896,430

    • Assets and Liabilities:
  • Total Assets: $4,259,803
  • Total Liabilities: $952,607
  • Net Assets: $3,307,196
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACT SERVICES

    Revenue

    $406,350

    Organization Details

    Founding Year

    2019

    Principal Officer

    Avi Garbow

    Main Address

    400 CAPITOL MALL 2150, SACRAMENTO, CA, 95814

    NTEE Category

    Code: R99 - Civil rights

    If you are a representative of Shared Ascent Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.