2024-05-15T07:40:16-05:00 2023-06-30 731413977 HOGANTAYLOR LLP 2222 SOUTH UTICA PL SUITE 200 TULSA OK 74114 990 2022-07-01 731612027 THE FOUNDATION FOR TULSA SCHOOLS FOUN 9187466600 3027 SOUTH NEW HAVEN 116 TULSA OK 741146131 MARY SPEARS BOARD OF DIRECTORS, TREASURER 9187466600 2024-05-14 1 MARY SPEARS 999009999 0 ASHLEY M FOGLE P01258800 9187452333 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WHITNEY STAUFFER 3027 SOUTH NEW HAVEN 116 TULSA OK 741146131 6098341 0 X WWW.FOUNDATIONFORTULSASCHOOLS.ORG X 2001 OK FOUNDED IN 2001, THE FOUNDATION FOR TULSA SCHOOLS WAS ESTABLISHED TO BUILD A BETTER COMMUNITY THROUGH THE SUPPORT OF TULSA PUBLIC SCHOOLS.THE FOUNDATION BELIEVES THAT EVERY CHILD SHOULD HAVE ACCESS TO A QUALITY EDUCATION, THE RESOURCES THEY NEED TO LEARN, AND A SUPPORTIVE ENVIRONMENT IN WHICH TO LEARN.THE FOUNDATION FOR TULSA SCHOOLS IS HONORED TO BE A CHAMPION FOR TPS STUDENTS, TEACHERS, AND STAFF. WE SERVE AS A BRIDGE BETWEEN THOSE WHO ARE PASSIONATE ABOUT PUBLIC EDUCATION AND THOSE WHO LEARN IN, TEACH AT, AND SUPPORT OUR SCHOOLS. 24 24 8 30 0 0 7805062 5022527 10871 4468 139692 341759 0 -115221 7955625 5253533 7233291 5542486 0 0 310840 346583 0 0 151026 233370 163122 7777501 6052191 178124 -798658 13405760 12503938 81541 47972 13324219 12455966 X FOUNDATION FOR TULSA SCHOOLS WAS ESTABLISHED TO BUILD A BETTER COMMUNITY THROUGH THE SUPPORT OF TULSA PUBLIC SCHOOLS. 0 0 3574657 3574657 SUPPORT TPS - PROVIDE FUNDING FOR TPS PRIORITIES AND STRATEGIES 741129 741129 SUPPORT TPS - PROVIDE FUNDING FOR INNOVATIVE PARTNERS PROGRAMS 448711 448711 SUPPORT TPS - CARES ENROLLMENT 856831 777989 FTS PROGRAMS: PARTNERS IN EDUCATION, EXPLORE OKLAHOMA, GRANTS FOR GREAT IDEAS, DISCRETIONARY FUNDS 438 0 4468 THE ORGANIZATION PUBLISHED A CHILDREN'S BOOK THAT IS CURRENTLY FOR SALE AT A HANDFUL OF LOCAL PARTNER RETAIL LOCATIONS AS WELL AS THROUGH THE FOUNDATION'S WEBSITE. FOR EVERY BOOK SOLD, THE FOUNDATION PLANS TO PROVIDE A BOOK TO INCOMING PRE-K FAMILIES. THE FOUNDATION BEGAN THE CREATION OF ITS 2ND CHILDREN'S BOOK. THE BOOK WAS FINALIZED AND PUBLISHED IN DECEMBER 2021 AND IS CURRENTLY FOR SALE AT RETAIL LOCATIONS AND THROUGH THE FOUNDATION'S WEBSITE. 857269 777989 4468 5621766 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 OK X THE ORGANIZATION 9187466600 3027 SOUTH NEW HAVEN SUITE 116 TULSA OK 741146131 RICK KELLY CHAIR 2.00 X 0 0 0 DWAYNE RURY SECRETARY 1.00 X 0 0 0 MARY SPEARS TREASURER 1.00 X 0 0 0 SARAH GOULD PAST CHAIR 1.00 X 0 0 0 WHITNEY STAUFFER CHAIR ELECT 2.00 X 0 0 0 MOLLY ASPAN DIRECTOR 1.00 X 0 0 0 TEIL BLACKSHARE DIRECTOR 1.00 X 0 0 0 STEFFANIE BONNER DIRECTOR 1.00 X 0 0 0 TIFFANI BRUTON DIRECTOR 1.00 X 0 0 0 PETE BURGESS DIRECTOR 1.00 X 0 0 0 LARRY FAULKNER DIRECTOR 1.00 X 0 0 0 DREW FRANCE DIRECTOR 1.00 X 0 0 0 AARON FULKERSON DIRECTOR 1.00 X 0 0 0 JUDIE HACKEROTT DIRECTOR 1.00 X 0 0 0 KAREN KIRCHMAN DIRECTOR 1.00 X 0 0 0 MONROE NICHOLS DIRECTOR 1.00 X 0 0 0 MARK PLANK DIRECTOR 1.00 X 0 0 0 DANIEL REGAN DIRECTOR 1.00 X 0 0 0 LAUREN SHERRY DIRECTOR 1.00 X 0 0 0 SHANESE SLATON DIRECTOR 1.00 X 0 0 0 ANNIE TOMECEK DIRECTOR 1.00 X 0 0 0 BRAD WHITE DIRECTOR 1.00 X 0 0 0 JOEY WIGNARAJAH DIRECTOR 1.00 X 0 0 0 MAGGIE HILLE YAR DIRECTOR 1.00 X 0 0 0 ANHNA VUONG FORMER PRESIDENT AND CEO 40.00 X 87500 0 15575 MOISES ECHEVERRIA ASHWORTH PRESIDENT AND CEO 40.00 X 39808 0 7085 127308 0 22660 0 0 0 0 0 232290 4790237 5022527 BOOK SALES 900099 4468 4468 4468 189462 189462 864356 712059 152297 152297 152297 17528 232290 132749 -115221 -115221 5253533 4468 0 226538 5542486 5542486 176700 39720 61381 75599 127192 28591 44183 54418 3827 860 1330 1637 14845 3338 5156 6351 24019 5399 8344 10276 3876 3876 15022 15022 45679 45679 7104 7104 41520 41520 8586 8586 1598 1598 7113 7113 2059 2059 4192 4192 331 331 4157 934 1444 1779 PROFESSIONAL DUES 10656 10656 BANK CHARGES 3243 3243 PAYROLL PROCESSING 1244 1244 STEWARSHIP AND GIFTS 966 966 5776 438 4372 966 6052191 5621766 279399 151026 4123667 782543 5236891 5581820 2504450 4215844 3320 3320 2042 2277 14224 13479 1076 745 1520971 1902745 13343 14644 13405760 12503938 81541 47972 81541 47972 X 2225279 2125274 11098940 10330692 13324219 12455966 13405760 12503938 -798658 -69595 0 X 0 1 X 1 0 X 11432526 14462146 11337863 7805062 5040055 50077652 11432526 14462146 11337863 7805062 5040055 50077652 11585661 38491991 135158 103916 52512 54389 189462 535437 50613089 58944 0.76050 0.72030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27015 260013 8100 295128 38252 -11237 27015 30081 8284 113 38252 29208 970 97 30081 27573 1723 88 29208 1.00000 1 0 14224 13479 745 745 5309583 -69595 132749 63154 5246429 7104 7104 5253533 6177836 132749 132749 6045087 7104 7104 6052191 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF A PERMANENTLY RESTRICTED FUND ESTABLISHED BY SEVERAL DONORS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION HAS INTERPRETED THE OKLAHOMA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS, UNLESS THERE ARE EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AT JUNE 30, 2023 AND 2022, THERE WERE NO SUCH STIPULATIONS. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES NET ASSETS WITH DONOR RESTRICTIONS TO BE HELD IN PERPETUITY AS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS DONATED TO THE ENDOWMENT (INCLUDING PROMISES TO GIVE NET OF DISCOUNT AND ALLOWANCE FOR DOUBTFUL ACCOUNTS), AND (C) ACCUMULATIONS TO THE ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT THE TIME THE ACCUMULATION IS ADDED. EARNINGS ON THE ENDOWMENT ARE PURPOSE RESTRICTED AS DEFINED BY THE DONOR. THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND THE PURPOSES OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND GENERAL ECONOMIC CONDITIONS THE POSSIBLE EFFECT OF INFLATION AND DEFLATION THE EXPECTED TOTAL RETURN FROM INCOME AND APPRECIATION OF INVESTMENTS OTHER RESOURCES OF THE FOUNDATION THE INVESTMENT POLICIES OF THE FOUNDATION PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO FUNDRAISING EVENTS 132,749. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO FUNDRAISING EVENTS 132,749. ARTRAGEOUS GALA 249818 232290 17528 5172 41605 8953 77019 249818 232290 17528 5172 41605 8953 77019 132749 -115221 0 TULSA PUBLIC SCHOOLS 3027 SOUTH NEW HAVEN TULSA OK 74114 736021242 TULSA PUBLIC SCHOOLS 5542486 0 TO SUPPORT TULSA PUBLIC SCHOOLS 1 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER HAS DE FACTO DELEGATED AUTHORITY OF THE BOARD OF DIRECTORS. THE TREASURER REVIEWS THE 990 RETURN AND COMPARES IT TO THE AUDITED FINANCIAL STATEMENTS TO ENSURE REASONABLENESS. FORM 990, PART VI, SECTION B, LINE 12C STAFF CONSISTENTLY MONITORED DECISIONS MADE BY BOARD TO ENSURE COMPLIANCE WITH COI POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE DELIBERATED THE COMPENSATION OF ALL EMPLOYEES BASED ON STRUCTURED OUTCOMES OF WORK. FORM 990, PART VI, SECTION C, LINE 19 THE 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.