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Just Capital Foundation Inc

EIN 36-4764467 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak47 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

JUST CAPITAL'S MISSION IS TO BUILD A MORE JUST ECONOMY THAT WORKS FOR ALL AMERICANS BY HELPING COMPANIES IMPROVE HOW THEY SERVE ALL THEIR STAKEHOLDERS - WORKERS, CUSTOMERS, COMMUNITIES, THE ENVIRONMENT, AND SHAREHOLDERS - AS DEFINED BY THE PUBLIC.

Income
$11.0 million
Spending
$11.4 million
Spent on programs
76%
Reserves
0.1 months of spending
Largest source of income
donations and private grants, 98%
Employees
46
Volunteers
31
Highest pay
$801,566, ceo, president

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 47 out of 100. Higher than 14% of charities in its peer group (social science, $10m to $100m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.1 months of spending.

  • Debt

    10 of 20

    It owes 48% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

  • Income trend

    10 of 15

    Income fell 7% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 12 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 34% of charities in its peer group (social science, $10m to $100m).

  • Independent board

    25 of 25

    21 of 22 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $8.6 million spent. OUR INSIGHT IS INDEPENDENT, COMPREHENSIVE, AND GROUNDED IN EVIDENCE. IT HELPS LEADERS MOVE BEYOND BACKWARD-LOOKING ASSESSMENTS TOWARD FORWARD-LOOKING DECISIONS THAT BALANCE PERFORMANCE, RISK, AND RESPONSIBILITY. IN DOING SO, JUST CAPITAL PARTNERS WITH LEADERS TO STRENGTHEN THEIR BUSINESSES WHILE RECOGNIZING THE EXPECTATIONS AND NEEDS OF THE AMERICAN PUBLIC AND THE STAKEHOLDERS THEIR COMPANIES SERVE.JUST CAPITAL POLLS AMERICANS EACH YEAR TO UNDERSTAND WHAT THEY EXPECT FROM BUSINESS AND HOW THOSE EXPECTATIONS ARE EVOLVING. WE TRANSLATE THOSE SIGNALS INTO METRICS THAT MAP TO REAL BUSINESS DECISIONS, THEN TRACK AND ANALYZE THE LARGEST PUBLICLY TRADED U.S. COMPANIES AGAINST THEM. SINCE 2015, WE'VE SURVEYED NEARLY 200,000 AMERICANS ON THEIR PRIORITIES FOR CAPITALISM AND JUST BUSINESS BEHAVIOR BUILDING ONE OF THE MOST COMPREHENSIVE LONGITUDINAL DATASETS ON PUBLIC EXPECTATIONS OF CORPORATE RESPONSIBILITY IN THE UNITED STATES.IN 2025 WE TRACKED, ANALYZED, AND RANKED 933 COMPANIES ACROSS 5 STAKEHOLDER GROUPS, 17 ISSUES, AND 85 DATA POINTS. OUR ANNUAL RANKINGS CELEBRATING THE BEST OF AMERICAN BUSINESS SHOWCASED THE COMPANIES AT THE FOREFRONT OF STAKEHOLDER-DRIVEN LEADERSHIP, TRACKING HOW CORPORATE LEADERS DELIVERED VALUE TO ALL THEIR STAKEHOLDERS. IN 2025, WE CONTINUED OUR PARTNERSHIP WITH CNBC WHICH INCLUDES THE EXCLUSIVE RIGHTS TO PUBLISH THE JUST 100 LIST OF COMPANIES LEADING OUR RANKINGS, AS WELL AS ONGOING PROFILES AND SEGMENTS THAT ELEVATE PERFORMANCE ANALYSIS AND LEADERSHIP LESSONS.IN ADDITION TO RANKINGS AND PERFORMANCE ANALYSIS, THROUGHOUT 2025 JUST CAPITAL BUILT OUT DATA-DRIVEN INSIGHTS, PROGRAMMATIC INITIATIVES, PARTNERSHIPS, AND PRODUCTS TO DIRECTLY EQUIP AND SUPPORT CORPORATIONS IN ADVANCING RESPONSIBLE BUSINESS PRACTICES. OUR FLAGSHIP PRODUCT IS JUST INTELLIGENCE, A DECISION-GRADE ANALYTICS PLATFORM THAT HELPS LEADERS TRANSLATE SIGNALS FROM THE AMERICAN PUBLIC INTO ACTIONABLE INSIGHTS THAT DRIVE STAKEHOLDER PERFORMANCE AND BUSINESS PERFORMANCE. THE PLATFORM UTILIZES OUR POLLING AND DATA TO ALLOW COMPANIES TO COMPARE THEIR PERFORMANCE ACROSS ALL DATA POINTS TO THEIR COMPETITORS AND BEYOND, REVEALING BEST-IN-CLASS POLICIES, STEPS TO IMPROVE PERFORMANCE, AND EVEN SCENARIO ANALYSIS FEATURES TO HELP BUSINESSES SEE THE POTENTIAL STAKEHOLDER OUTCOMES OF DECISIONS THEY MAKE. IN 2025, JUST INTELLIGENCE UNDERWENT A SUCCESSFUL BETA PERIOD WITH 250+ CORPORATE USERS. WE CONDUCTED INTERVIEWS WITH MORE THAN 45 BUSINESS LEADERS ON THE USER EXPERIENCE, VALUE PROPOSITION, AND INDUSTRY RELEVANCE. FIVE FORTUNE 500 COMPANIES ARE VANGUARD USERS OF THE PAID PRODUCT, HELPING TO SHAPE THE PLATFORM'S EVOLUTION AHEAD OF BROADER MARKET ROLLOUT AND ADOPTION.IN FALL 2025, JUST CAPITAL LAUNCHED ITS INAUGURAL RESEARCH FROM SURVEYS OF CORPORATE LEADERS, INVESTORS, AND THE AMERICAN PUBLIC ON RESPONSIBLE AI DEPLOYMENT. MEDIA COVERAGE INCLUDED A BROADCAST SEGMENT ON CNBC'S "SQUAWK BOX AND DIGITAL COVERAGE IN THE NEW YORK TIMES' DEALBOOK, SEMAFOR CEO BRIEF, REUTERS SUSTAINABLE FINANCE, YAHOO! FINANCE LIVE, AND CNBC. THE ORGANIZATION WILL CONDUCT QUARTERLY PULSE SURVEYS THROUGH 2026 AND BEYOND, PROVIDING ONGOING INSIGHTS FOR CORPORATE LEADERS, INVESTORS, AND POLICY MAKERS AS PERSPECTIVES CONTINUE TO EVOLVE. AI-FOCUSED INSIGHTS WILL FEED INTO JUST INTELLIGENCE IN 2026. JUST CAPITAL HAS BEEN PROUD TO INCUBATE THE CORPORATE IMPACT LAB SINCE ITS INCEPTION IN 2022. IN LATE 2025 THE CORPORATE IMPACT LAB BEGAN THE PROCESS TO BECOME AN INDEPENDENT ORGANIZATION. THE CORPORATE IMPACT LAB BEGAN OPERATING AS AN INDEPENDENT, FISCALLY SPONSORED PROJECT OF JUST CAPITAL IN EARLY 2026. JUST CAPITAL ALSO HELPS DIRECT CAPITAL TOWARD COMPANIES WITH STRONG STAKEHOLDER PERFORMANCE THROUGH OUR LIVE INDICES AND INVESTMENT PRODUCTS, CONVENING INVESTORS FOR TIMELY CONVERSATIONS, AND DEMONSTRATING HOW STAKEHOLDER-DRIVEN DECISIONS LINK TO LONG-TERM MARKET PERFORMANCE. IN THE COMING YEAR, JUST CAPITAL'S RESEARCH, POLLING, ANALYSIS, AND PROGRAMS WILL WORK TO EQUIP LEADERS WITH THE DECISION-GRADE INTELLIGENCE THEY NEED TO ACT ON THOSE EXPECTATIONS AND DRIVE SHARED PROSPERITY FOR WORKERS, COMMUNITIES, INVESTORS, AND SOCIETY AT LARGE.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.