2025-05-14T18:06:22-05:00 2024-06-30 132781641 MITCHELL & TITUS LLP 80 PINE STREET 32ND FL NEW YORK NY 10005 990 2023-07-01 112656137 THE FUND FOR PUBLIC SCHOOLS INC FUND 2123742874 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 ANDY KAPLAN TREASURER 2123742874 2025-05-14 1 0 ERIC HARRISON P01916785 2127094500 2025-05-13 2023 2025-03-06 01:10:19Z ANDY KAPLAN 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 86212160 0 X WWW.FUNDFORPUBLICSCHOOLS.ORG X 1982 NY THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO SUPPORTING NEW YORK CITY'S PUBLIC SCHOOLS. 8 8 6 0 0 0 30434401 42806815 0 0 774331 1817830 0 0 31208732 44624645 23770829 33651665 0 0 725333 1005391 0 0 592306 454883 413091 24951045 35070147 6257687 9554498 57546590 66572563 14648400 13960803 42898190 52611760 THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO SUPPORTING NEW YORK CITY'S PUBLIC SCHOOLS WITH PRIVATE, PHILANTHROPIC INVESTMENT FROM FOUNDATIONS, INDIVIDUALS, BUSINESSES, AND OTHER CHARITABLE PARTNERS. 0 0 33651665 33651665 0 THE FUND FOR PUBLIC SCHOOLS FACILITATES PARTNERSHIPS, GRANTS, AND OTHER SUPPORT BETWEEN THE PHILANTHROPIC COMMUNITY AND THE NYC DEPARTMENT OF EDUCATION TO PILOT INNOVATIVE PROJECTS; ACCELERATE PROMISING, OUTCOME-DRIVEN INITIATIVES; AND RESPOND QUICKLY AND STRATEGICALLY TO EMERGING NEEDS ACROSS THE NYC PUBLIC SCHOOL SYSTEM. 33651665 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 240 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X VICTOR F QUINONES 2123745231 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 DAVID BANKS CHAIRMAN 2.00 0.00 X X 0 0 0 DENNIS WILLIAMS VICE CHAIRMAN 2.00 0.00 X X 0 0 0 ANDY KAPLAN TREASURER 2.00 0.00 X X 0 0 0 KATHRYN WYLDE SECRETARY 2.00 0.00 X X 0 0 0 AYAH BDEIR MEMBER 2.00 0.00 X 0 0 0 JONATHAN D HARBER MEMBER 2.00 0.00 X 0 0 0 FRED WILSON MEMBER 2.00 0.00 X 0 0 0 CHRIS EMDIN MEMBER 2.00 0.00 X 0 0 0 STEPHEN COCKRELL CEO 35.00 0.00 X 214370 0 29897 AURELIA HOGAN CHIEF OF STAFF 35.00 0.00 X 149478 0 8752 ALVIN SINCKLER CFO 35.00 0.00 X 156112 0 21045 MARGARET S DOLLAN CHIEF DEVELOPMENT OFFICER 35.00 0.00 X 152798 0 8414 672758 0 68108 4 0 1 0 EDUCATION STRATEGY GROUP LLC 4716 DRUNMOND AVENUE CHEVY CHASE MD 20815 CONSULTING SERVICES 1362602 KITAMBA MGT LLC 4320 W KENNEDY BLVD TAMPA FL 33609 CONSULTING SERVICES 300000 HIT STRATEGIES LLC 1220 L STREET NW WASHINGTON DC 20005 RESEARCH FIRM 298146 SKDKNICKERBOCKER LLC ONE WORLD TRADE CENTER NEW YORK NY 10007 CONSULTING SERVICES 250000 IMAGINE LEARNING LLC PO BOX 29650 LOCK BOX 880670 PHOENIX AZ 850389650 LEARNING SERVICES 220000 16 42806815 1436 42806815 1601809 1601809 41803536 41587515 216021 216021 216021 44624645 0 0 1817830 33651665 33651665 655839 367599 288240 209004 99692 109312 40365 22410 17955 38699 15663 23036 61484 32967 28517 98609 98609 15824 15824 153663 52660 101003 1436 1396 40 91471 79735 11736 2487 1295 1192 24259 24259 OTHER MISC 25342 14067 11275 35070147 33651665 826176 592306 21656305 24241556 17112546 12251827 14519 1349 18763220 30077831 57546590 66572563 664808 889632 13983592 12461731 609440 14648400 13960803 X 3001820 5617546 39896370 46994214 42898190 52611760 57546590 66572563 9554498 157542 1530 0 X 0 1 X 1 0 X 43196738 26149767 13107196 30434401 42806815 155694917 43196738 26149767 13107196 30434401 42806815 155694917 59947434 95747483 449830 430187 489914 736015 1601809 3707755 159402672 0.60070 0.68730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2789865 251237 135116 2905986 2629831 112394 -47640 2789865 3023200 -380309 13060 2629831 2623459 409458 9717 3023200 566992 1850000 209141 2674 2623459 0.80575 0.19425 0 0 0 X 45749443 157542 967256 1124798 44624645 0 44624645 36035873 965726 965726 35070147 0 35070147 PART V, LINE 4: THE FUND'S ENDOWMENT FUNDS CONSIST OF SEVEN DONOR-RESTRICTED FUNDS, ESTABLISHED TO SUPPORT EDUCATIONAL SERVICES. PART X, LINE 2: THE FUND IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE FUND'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE FUND'S FINANCIAL STATEMENTS. 1 NYC DEPARTMENT OF EDUCATION 52 CHAMBERS STREET NEW YORK NY 10007 136400434 NYCDOE 33651665 0 TO PROVIDE GRANT FUNDING FOR SYSTEM-WIDE REFORMS. PART I, LINE 2: WHEN A GRANT IS MADE BY A DONOR TO THE FUND, THE DEPARTMENT OF EDUCATION ("DOE") IS NOTIFIED AND THE STAFF WORKS TO REVIEW THE TERMS, BUDGET, TIMELINE AND OUTCOMES OF THE GRANT WITH THE DOE PARTNERS. IN ADDITION, A SCHEDULE FOR REGULAR REPORTS IS ESTABLISHED TO REVIEW PROGRESS ON THE GOALS AND THE BUDGET. REPORTING FREQUENCY IS GENERALLY NOT LESS THAN QUARTERLY; ALTHOUGH SOME GRANTS REQUIRE MORE FREQUENT REVIEW. THE FINANCE STAFF GENERATE BUDGET REPORTS FOR EACH GRANT IN ACCORDANCE WITH THE SCHEDULE. REVIEWS ARE CONDUCTED BY BOTH THE FUND'S PORTFOLIO/DEVELOPMENT STAFF AND THE FINANCE STAFF TO ENSURE EXPENSES ARE WITHIN BUDGET AND IN ACCORDANCE WITH GRANT AGREEMENTS. A WEEKLY REVIEW OF A SELECT GROUP OF GRANTS IS ALSO CONDUCTED THROUGHOUT THE YEAR. X 0 0 0 0 0 0 0 0 0 STEPHEN COCKRELL CEO 214370 0 0 0 0 0 8600 0 21297 0 244267 0 0 0 ALVIN SINCKLER CFO 156112 0 0 0 0 0 8077 0 12968 0 177157 0 0 0 MARGARET S DOLLAN CHIEF DEVELOPMENT OFFICER 152798 0 0 0 0 0 7662 0 752 0 161212 0 0 0 AURELIA HOGAN CHIEF OF STAFF 149478 0 0 0 0 0 7500 0 1252 0 158230 0 0 0 PART I, LINE 3 THE PRIMARY OBJECTIVE IS A STRATEGIC COMPENSATION SYSTEM LINKING ORGANIZATIONAL OBJECTIVES AND BUSINESS METRICS WHILE BALANCING THE EXPECTATIONS OF THE EMPLOYEES AND COSTS TO THE FUND. THE FUND USES COMPARABLE NONPROFIT ORGANIZATIONS AS A BENCHMARK, IN ADDITION TO INFORMATION FROM ADDITIONAL MARKET SEGMENTS, PRIVATE FOUNDATIONS, AND PUBLISHED NONPROFIT COMPENSATION SURVEYS AS A SUPPLEMENT. IN GENERAL, COMPENSATION IS DESIGNED TO BE FLUID AND FLEXIBLE ACCOUNTING FOR EXPERIENCE, PERFORMANCE AND THE CURRENT BUSINESS NEED TO ATTRACT AND RETAIN SPECIFIC TALENT. SPECIFICALLY, THE AUDIT COMMITTEE PROVIDES OVERSIGHT TO THE COMPENSATION AND BENEFITS OF THE CEO, CFO, SELECTED KEY EXECUTIVES AND RECOMMENDATIONS FOR MANAGEMENT SUCCESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN EXTERNAL ACCOUNTING FIRM. THE ACCOUNTING FIRM AND THE CHIEF FINANCIAL OFFICER REVIEW IT WITH THE AUDIT COMMITTEE. THE FORM 990 IS THEN CIRCULATED TO THE FULL BOARD FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FUND HAS A CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF DIRECTORS. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE OF THE BOARD SHALL SIGN A STATEMENT ON AN ANNUAL BASIS THAT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THIS POLICY, THAT THEY HAVE READ THE POLICY AND THAT THEY AGREE TO COMPLY WITH THE POLICY. ALL DIRECTORS ARE ALSO REQUIRED TO IMMEDIATELY DISCLOSE A FINANCIAL INTEREST WHICH POSES A CONFLICT. BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE PRIMARY OBJECTIVE IS A STRATEGIC COMPENSATION SYSTEM LINKING ORGANIZATIONAL OBJECTIVES AND BUSINESS METRICS WHILE BALANCING THE EXPECTATIONS OF THE EMPLOYEES AND COSTS TO THE FUND. THE FUND USES COMPARABLE NONPROFIT ORGANIZATIONS AS A BENCHMARK, IN ADDITION TO INFORMATION FROM ADDITIONAL MARKET SEGMENTS, PRIVATE FOUNDATIONS, AND PUBLISHED NONPROFIT COMPENSATION SURVEYS AS A SUPPLEMENT. IN GENERAL, COMPENSATION IS DESIGNED TO BE FLUID AND FLEXIBLE ACCOUNTING FOR EXPERIENCE, PERFORMANCE AND THE CURRENT BUSINESS NEED TO ATTRACT AND RETAIN SPECIFIC TALENT. SPECIFICALLY, THE AUDIT COMMITTEE PROVIDES OVERSIGHT TO THE COMPENSATION AND BENEFITS OF THE CEO, CFO, SELECTED KEY EXECUTIVES AND RECOMMENDATIONS FOR MANAGEMENT SUCCESSION. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENT AND 990 ARE POSTED ON THE FUND'S WEBSITE AND AVAILABLE THROUGH CHARITY NAVIGATOR, BETTER BUSINESS BUREAU AND GUIDESTAR. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE CFO.