Governance & transparency

Governance & Transparency

Flourishing Futures Foundation is committed to operating transparently, responsibly and in furtherance of its charitable purposes.

01/How we are governed

Legal status

Flourishing Futures Foundation is a U.S. nonprofit organization that has applied to the Internal Revenue Service for recognition of federal tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. The application is currently pending.

While the application is pending, contributors do not have advance assurance from the IRS that contributions are tax deductible. If the Foundation's timely filed application is approved, federal tax-exempt recognition is generally effective from the organization's formation date. Donors should consult their own tax advisers regarding their circumstances.

Charitable purpose

The Foundation is organized and operated to advance charitable and educational purposes.

Its resources are intended to support public-benefit activities including research, education, dialogue, community participation and carefully scoped charitable initiatives related to the conditions for human, social and ecological flourishing.

How we are funded

The Foundation is funded by private charitable contributions. It does not earn commercial revenue, does not receive government funding, and is not currently soliciting contributions from the public.

The Foundation is a separate legal entity with its own accounts and records. Its funds are not commingled with the personal or business accounts of any individual, and are used only for its charitable purposes and the reasonable operating costs of carrying them out.

Independence

Foundation resources are governed for charitable purposes.

Contributions do not purchase investment access, commercial services, ownership interests or preferential treatment of any kind. The Foundation does not offer, market or facilitate any investment.

Program and funding decisions are made according to the Foundation's charitable purpose, its governance procedures and the merits of the proposed work.

Conflicts of interest

The Foundation requires that actual and potential conflicts of interest be disclosed before the relevant decision is taken.

A person with a material financial interest in a matter does not control, and does not vote on, the Foundation's decision regarding that matter. The basis for the decision is recorded.

No part of the Foundation's net earnings inures to the benefit of any director, officer or other private individual.

Compensation and contractors

The Foundation may engage employees, independent contractors, researchers, facilitators and professional service providers when their work advances its charitable activities or supports responsible nonprofit operations.

Compensation is paid for defined work under a written agreement, is documented, and is set at an amount that is reasonable for the services provided by reference to what comparable organizations pay for comparable work. Persons with a financial interest in a compensation arrangement do not participate in approving it.

Financial stewardship

Foundation funds are used for charitable programs and the reasonable operating expenses required to conduct those programs responsibly.

The Foundation maintains books and records documenting its receipts, expenditures, contractual relationships and the charitable purpose served by each material payment.

Public documents

As required by applicable law, the Foundation will make relevant tax-exemption and annual information-return materials available for public inspection once applicable.

  • IRS Determination LetterAvailable following determination
  • Form 990 / 990-EZAvailable when filed and applicable
  • Annual ReportFuture publication

02/Who we are

Co-founders

Flourishing Futures Foundation was founded by James Hodges, Lauren Joseph and Dawn Nakagawa around a shared question:

What conditions allow people, communities and the living world to flourish across generations?

The Foundation brings together different perspectives across systems thinking, human development, culture, philanthropy and long-term stewardship.

Portrait of James Hodges

James Hodges

Co-founder

James helped initiate the Foundation around a long-term interest in how people, culture, institutions and the living world can become more resilient and generative over time.

He focuses on the Foundation's overall direction, research agenda and development of the Conditions for Flourishing framework.

Portrait of Lauren Joseph

Lauren Joseph

Co-founder

Lauren helps translate the Foundation's mission into practical work.

Her focus includes program development, research, coordination and the design of early charitable and educational initiatives.

Portrait of Dawn Nakagawa

Dawn Nakagawa

Co-founder

Dawn brings experience in systems change, philanthropy and long-term institutional thinking.

She contributes to the Foundation's strategy, research direction and development of approaches that connect systems understanding with practical public-benefit work.

The Foundation's directors and officers will be listed here once formally appointed. Co-founder describes the origin of the organization and does not by itself confer governance authority.

Questions about our governance?

We would rather answer a question than have it go unasked. Requests for organizational documents, our charitable activity description or clarification of anything on this page are welcome.