2024-04-01T11:41:56-07:00 2023-12-31 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1400 Bellevue WA 98004 990 2023-01-01 831480638 DOUG PENSINGER PHOTOGRAPHY FUND DOUG 7034034644 PO Box 1989 Leadville CO 80461 Kim Pensinger Witman Vice President/Treasurer 7034034644 2024-05-01 1 Kim Pensinger Witman 999009999 1 Karen Dunn P00192887 4254544919 2024-05-01 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Kim Pensinger Witman 8318 Colby Street Vienna VA 22180 1123389 0 X https://dougpensingerphotographyfund.org X 2018 CO The Doug Pensinger Photography Fund (DPPF) supports emerging sports photographers by creating a community that develops their skill and vision. Through an annual open call for submissions, photographers are chosen for grant and mentorship opportunities. The DPPF also offers professional development seminars, educational events, and connections to key industry individuals to its grant recipients. 5 5 0 24 0 0 500150 500259 0 0 87 2308 0 0 500237 502567 45782 45000 0 0 1000 0 0 0 0 78347 38285 125129 83285 375108 419282 1500539 2068399 0 691 1500539 2067708 X The Doug Pensinger Photography Fund (DPPF) supports emerging sports photographers by creating a community that develops their skill and vision. Through an annual open call for submissions, photographers are chosen for grant and mentorship opportunities. The DPPF also offers its grant recipients professional development seminars, educational events, and connections to key photography professionals. 1 0 52756 45000 0 GRANTS: In 2023 the DPPF supported seven additional young sports photographers with grants for career development. There was a free open call for submissions, and the recipients represented the top 2.3% of the competitive application field. The DPPF promoted the acceptance of entries for this fourth annual grants program with email recruitment and web/social media promotion. Industry leaders representing major sports photography wire services and publications provided the basis of the network for spreading the word. Grants were used by the recipients to further their emerging careers through purchases of critical equipment and defraying of career-related travel. In 2023, the grants initiative was expanded through the addition of the Development Grants (2 grants) and Alumni Grants (2 grants) programs. 2000 0 0 PROFESSIONAL EDUCATION: During 2023, plans were formed for the next biannual Sports Photography Gathering, which will be held in September 2024. During this off-year for the Gathering event, a new series of professional education webinars were developed and implemented. 0 0 0 MENTORSHIPS: Three top recipients of 2023 grants also received year-long mentorships with three volunteer members of the DPPF's Advisory Board. The 2022-2023 mentorships ended in September, and the 2023-2024 mentorships began in October. Mentors and mentees collaborate to form a personalized plan for the mentees. This plan includes but is not limited to: development of a personalized photo project or photo story; structuring a more efficient work flow; perfecting portfolio, website and resume; networking and introductions to other established professionals on the DPPF advisory board; instruction on equipment or technical photographic skills; assistance with the entrepreneurial aspects of the industry; advice on real work experience: assisting jobs, credentials, and live event coverage. 0 0 0 54756 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Kim Pensinger Witman 7034034644 8318 Colby Street Vienna VA 22180 X Ezra Shaw Director 1 0 X 0 0 0 Maureen Cavanagh Director 1 0 X 0 0 0 Bettyann Heppler President 2 0 X X 0 0 0 Kim Pensinger Witman Vice President and Treasurer 6 0 X X 0 0 0 Devan Pensinger Secretary 2 0 X X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 500259 0 500259 0 59013 0 0 59013 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 564117 0 620822 0 -56705 0 -56705 0 0 -56705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 502567 0 0 2308 0 0 17500 17500 27500 27500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7805 7805 0 0 0 0 0 0 0 0 0 0 0 13538 0 13538 0 7800 7050 750 0 270 217 53 0 714 301 413 0 4866 2188 2678 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2726 2726 0 Bank Fees 556 0 556 0 License Fees 10 0 10 0 0 0 0 83285 54756 28529 0 8912 81963 366894 332208 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1124733 1654228 0 0 0 0 0 0 0 0 1500539 2068399 0 691 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 691 X 1500539 2067708 0 0 1500539 2067708 1500539 2068399 419282 147851 0 0 36 0 X 0 0 0 X 1121267 2065 541 500150 500259 2124282 0 0 0 0 0 0 0 0 0 0 0 0 1121267 2065 541 500150 500259 2124282 1350000 774282 142 27413 27745 28695 59013 143008 0 0 0 0 0 0 0 0 0 0 0 0 2267290 0 0.34150 0.4532 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 East Asia and the Pacific 0 0 Grantmaking 2500 Europe (including Iceland and Greenland) 0 0 Grantmaking 10000 Middle East and North Africa 0 0 Grantmaking 5000 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking 10000 0 0 27500 Professional development grants East Asia and the Pacific 1 2500 wire transfer 0 Professional development grants Europe (including Iceland and Greenland) 2 10000 check 0 Professional development grants Middle East and North Africa 2 5000 wire transfer 0 Professional development grants North America (including Canada and Mexico, but not the United States) 2 10000 check, wire transfer 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 Grant recipients are required by contract to submit an accounting of how the grant monies were used for career development and training purposes. Grantee agrees that the funds will be used for career development purposes, including equipment, supplies, training, and travel expenses directly related to Grantee's photography career and shall not be used for any purpose not allowed under section 501(c)(3) of the Internal Revenue Code. Any funds not used for approved purposes must be returned. 1 Professional Development Grants 4 17500 0 Schedule I, Part I, Line 2 Grant recipients are required by contract to submit an accounting of how the grant monies were used for career development and training purposes. Grantee agrees that the funds will be used for career development purposes, including equipment, supplies, training, and travel expenses directly related to Grantee's photography career and shall not be used for any purpose not allowed under section 501(c)(3) of the Internal Revenue Code. Any funds not used for approved purposes must be returned. Form 990, Part III, Line 2 Three new programs (offshoots of existing programs and initiatives) were developed and implemented in 2023: Alumni Grants: Previous grant winners were given the opportunity to apply for additional grants in support of career-development projects and activities. Four grant recipients were chosen. Development Grants: Two applicants for the 2023 Grants were chosen for Development Grants designed to support sports photographers of great potential whose current portfolio quality may be affected by severe economic and/or geographic or cultural limitations. Webinars: The first in an ongoing series of quarterly webinars was held in October 2023. These live online events are recorded for later viewing by grant recipients and feature skill development and career advice by the professionals on the DPPF Advisory Board. Form 990, Part VI, Section A, Line 2 Bettyann Heppler and Devan Pensinger have a family relationship. Bettyann Heppler and Kim Witman have a family relationship. Form 990, Part VI, Section B, Line 11b The Board of Directors reviews and approves Form 990 each year before it is filed. Form 990, Part VI, Section B, Line 12c The DPPF's Conflict of Interest Policy covers the five voting directors on its board, who receive and sign the policy annually. The Duty to Disclose states that in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure, the interested person shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy, and year-end financial statements are available upon request from the organization's website.