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TIME's UP Foundation

CharityWatch report issued
November 2021

 
CharityWatch Grade
 

Contact Information

TIME's UP Foundation
16000 Ventura Blvd
Unit 900
Encino, CA 91436

Other Names

None

Tax Status

501(c)3

Stated Mission

Insists upon safe, fair, and dignified work for all by changing culture, companies, and laws. Enables more people to seek justice through the TIME's UP Legal Defense Fund. Pioneers innovative research driving toward solutions to address systemic inequality and injustice in the workplace through the TIME's UP Impact Lab. Reshapes key industries from within so they serve as a model for all industries.

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Data based on Fiscal Year Ended 12/31/2019

*Why a Question Mark Rating?

CharityWatch currently has concerns about this organization and/or is unable to provide complete rating information due to the organization's nondisclosure of financial information. Please see the Analysts' Notes section for a more detailed explanation.


Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
TIME's UP Foundation
does not meet governance benchmarks.
 
TIME's UP Foundation
does not meet transparency benchmarks.

CharityWatch Governance Concerns

See Analysts' Notes for Explanation
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy

  Name Title Compensation
1 Lisa Borders CEO $590,769
2 Rebecca Goldman Interim CEO $475,000
3 Rachel Terrace Chief Marketing Officer $394,039
1
Name: Lisa Borders
Title: CEO
Compensation: $590,769
2
Name: Rebecca Goldman
Title: Interim CEO
Compensation: $475,000
3
Name: Rachel Terrace
Title: Chief Marketing Officer
Compensation: $394,039

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch is unable to provide a letter grade rating for TIME'S UP Foundation at this time in consideration of its November 19, 2021 announcement of an organizational "reset" that will include the interim CEO stepping down by the end of 2021, and severance packages for its staff through March 2022. For this reason, CharityWatch has assigned TIME's UP Foundation a rating of "?" for its fiscal year ended 12/31/2019. CharityWatch has been unable to locate on the charity's website or in public databases more current audited financial statements or an IRS Form 990 tax filing for the charity's fiscal year ended 12/31/2020. In 2019 the charity reported raising cash contributions of more than $9.7 million, according to its audited financial statements of the same fiscal year. 

The TIME's UP organization released an operational audit dated November 16, 2021, in conjunction with its reset announcement. Widely reported governance issues at the nonprofit in 2021 have included the majority of its board members stepping down and a dissolution of its advisory board.

TIME's UP Foundation is the 501(c)(3) public charity arm of the TIME's Up organization. CharityWatch has also assigned a "?" rating to the charity's 501(c)(4) social welfare arm, TIME's UP Now, for which we provide a separate rating for its fiscal year ended 2019. 

CharityWatch does provide a letter grade rating for National Women's Law Center, which administers and operates the TIME'S UP Legal Defense Fund through the National Women's Law Center Fund, LLC. TIME'S UP Now supported the TIME'S UP Legal Defense Fund in the past, according to the Statement of Program Service Accomplishments in Part III of the TIME'S UP Now Form 990 filing for the year ended 12/31/2019. At this time CharityWatch does not have information indicating whether or not this arrangement will continue in light of TIMES's Up's organizational "reset."


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