2023-06-22T11:55:11-07:00 2022-12-31 630834690 BANKS FINLEY WHITE & CO 617 37TH STREET SOUTH BIRMINGHAM AL 35222 990 2022-01-01 264477567 SchoolSeed Foundation SCHO 9012071472 P O Box 111169 Memphis TN 38111 Vincent McCaskill President 9012071472 2023-06-22 true Vincent McCaskill XXX-XX-XXXX true CHRISTOPHER HEARN P01486564 9012746702 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z SchoolSeed Vincent McCaskill P O Box 111169 Memphis TN 38111 2826393 false X N/A X 2009 TN Schoolseed is an independent nonprofit organization whose mission is to support public schools in Shelby County by: (1) Raising money for programs that federal, state, and local 6 6 5 6 0 0 4378657 2696156 59561 104646 16495 21964 3627 4454713 2826393 0 0 528708 867677 0 1291438 1766305 4298062 2295013 5165739 2159700 -2339346 7252651 9717016 2113209 314427 5139442 9402589 Schoolseed is an independent nonprofit organization whose mission is to support public schools in Shelby County by: (1) Raising money for programs that federal, state, and local false false 2531210 2696156 2622419 We are razor focused on the delivery and improved outcomes by managing a variety of services and programs for the benefit of schools, educators, students, and parents. The Foundation's mission is to secure and manage private resources for the benefit of public education, coordinate community efforts to support public education, provide development and training opportunities to teachers and administrators, and to operate and support programs in schools dedicated to accelerating student achievement. Our body of work includes, but is not limited to : fiscal management of private support for public education; teacher retention and recognition projects: school-based projects that support students, teachers, and administrators; publication of a Resource Guide for Parents; recruiting, training, and deploying reading tutors for students PK-3rd grade; supports for effective teaching; leadership training; and special projects that attend to emerging needs. Our theory of change is predicated on the idea that capacity building in schools, support for teachers and leaders, rigorous curriculum, target setting, ongoing improvement of curriculum and instruction, and promoting effective practice will accerate student and school achievement. The Foundation's theory of action calls for: the building and sustaining of a collaborative partnership with school districts and their school-based leadership; building and sustaining of a collaborative partnership with the philanthropic and business community; providing supplementary supports to students, teachers, and administrators; and tracking and monitoring the progress of projects. The Foundation seeks to increase college attendance and graduation rates-a matter of equity; access, and community developent. 0 0 0 Sponsorships: support programs aimed at providing a specific initiative with funding. (5000+ persons benefited) 0 0 0 School specific initiatives: support programs aimed at specified schools for the schools most immediate needs. (3000+ persons benefited) 2531210 true true false false false false false false true false true false false true true false true false false false false false false false false false false false false true false false false false false false false false true false false false false false false false false true 0 0 true 5 true false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true false true true true false UT X X Lorrane Chatman 9019071378 P O Box 111169 Memphis TN 38111 William Mitchell Chairman 0.00 X X 0 0 0 Ken Foster Treasurer 0.00 X X 0 0 0 Lisa Wheeler Jenkins Secretary 0.00 X X 0 0 0 Regina Walker Director 0.00 X 0 0 0 David Cocke Director 0.00 X 0 0 0 Beverly Cross Director 0.00 X 0 0 0 Vincent McCaskill President/ CEO 40.00 X 159316 0 0 159316 0 0 1 false true false 2696156 2696156 Administrative Fees 999999 87274 0 0 17372 0 0 104646 21964 0 0 Miscellaneous 999999 3627 3627 0 0 3627 2826393 130237 0 0 716991 351325 186418 179248 97778 47911 25422 24445 52908 25925 13756 13227 24000 11760 6240 6000 32090 15724 8343 8023 28287 13861 7354 7072 10660 5224 2771 2665 8610 4219 2238 2153 14179 6948 3686 3545 14107 6912 3668 3527 Miscellaneous 61162 29969 15902 15291 Repairs 4056 1987 1055 1014 Telephone and internet 6061 2970 1576 1515 Continuing Education 11291 5532 2936 2823 4083559 2000943 1061726 1020890 5165739 2531210 1343091 1291438 1571682 1270432 1450479 416246 3600500 64238 50015 28402 14223 2220193 1220720 1981895 3194895 7252651 9717016 101824 310365 1981895 4062 29490 0 2113209 314427 X 3157547 2607195 1981895 6795394 5139442 9402589 7252651 9717016 -2339346 -203974 6806467 X false true X true false X 0 962395 1528093 7633500 4378656 2696156 17198800 0 0 962395 1528093 7633500 4378656 2696156 17198800 0 17198800 9529 1649 13 17903 21964 51058 0 18541 28698 48288 59779 87274 242580 17492438 0.98320 0.96770 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: Administrative Income 2018: 18541. 2019: 28698. 2020: 48288. 2021: 59779. 2022: 87274. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 269936 269936 false 64238 50015 14223 14223 Restricted Cash 3194895 3194895 Other Liability 0 0 2622419 2622419 2622419 5165739 5165739 5165739 Pt IV, Line 2b The foundation serves as the fiscal agent for the intensive partnership for effective teaching grant awarded by the Gates Foundation in addition to other local initiatives. The foundation will administer funds for this grant in a fiduciary capacity for the benefit of Shelby County Schools. These funds are required to be held in separate accounts at a financial institution and the foundation follows this requirement. false false false false false false false false false Vincent McCaskill 159316 0 0 0 0 0 0 0 0 0 159316 0 0 0 false true false Other Part I Line 1, continuation of organization mission: (1) Government funding sources are unable to support, (2. Coordinating community efforts to support the district, (3) Helping schools develop more effective educational practices, and (4) By providing continuing educational opportunities for teachers and administrators. Other Part III, line 1 description of organization mission: (2) Coordinating community efforts to support the district, (3) Helping schools develop more effective educational practices, and (4) By providing continuing educational opportunities for teachers and administrators. Pt VI, Line 11b Board of Directors and Management review before signing and filing. Pt VI, Line 12c Review all transactions with board of directors. Pt VI, Line 15a Comparability Data is reviewed by the Board of Directors and final compensation is determined and approved by the board of directors. Pt VI, Line 15b No Officer or Director was compensated in the current year. Pt VI, Line 19 The documents of the organization is made available upon request. Form 990, Part IX, Line 24e Supplies 12221. 5988. 3178. 3055. Form 990, Part IX, Line 24e Printing & Copying 1084. 531. 282. 271. Form 990, Part IX, Line 24e Dues & Subscriptions 15239. 7467. 3962. 3810. Form 990, Part IX, Line 24e BUGU Expense 196594. 96331. 51114. 49149. Form 990, Part IX, Line 24e Grants Issued 3003461. 1471696. 780900. 750865. Form 990, Part IX, Line 24e Retirement Benefits 18513. 9071. 4814. 4628. Form 990, Part IX, Line 24e Bad Debt expense 836447. 409859. 217476. 209112.