2025-07-14T09:31:27-05:00 2023-06-30 132781641 MITCHELL & TITUS LLP 80 PINE STREET 32ND FL NEW YORK NY 10005 990 2022-07-01 112656137 THE FUND FOR PUBLIC SCHOOLS INC FUND 2123742874 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 ANDY KAPLAN TREASURER 2123742874 2025-07-14 1 0 ERIC HARRISON P01916785 2127094500 2025-06-25 2022 2025-03-06 01:10:19Z X ANDY KAPLAN 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 32255506 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 8 0 0 0 13107196 30434401 0 0 572328 774331 0 0 13679524 31208732 21317039 23770829 0 0 1563129 725333 0 0 526644 193795 454883 23073963 24951045 -9394439 6257687 50194104 57546590 13138330 14648400 37055774 42898190 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 23770829 23770829 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. 23770829 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 240 0 1 8 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 ALVIN SINCKLER 2123742874 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 DAVID BANKS CHAIRMAN 2.00 X X 0 0 0 DENNIS WILLIAMS VICE CHAIRMAN 2.00 X X 0 0 0 ANDY KAPLAN TREASURER 2.00 X X 0 0 0 KATHRYN WYLDE SECRETARY 2.00 X X 0 0 0 AYAH BDEIR MEMBER 2.00 X 0 0 0 JONATHAN D HARBER MEMBER 2.00 X 0 0 0 FRED WILSON MEMBER 2.00 X 0 0 0 CHRIS EMDIN MEMBER 2.00 X 0 0 0 SIMON CHIEW CHIEF OF STAFF 35.00 X 87093 0 17700 STEPHEN COCKRELL CEO (7/2022) 35.00 X 182928 0 26730 JULIA SHAPIRO CEO (TILL 7/2022) 35.00 X 180291 0 15337 AURELIA HOGAN CHIEF OF STAFF (12/2022) 35.00 X 8582 0 433 MARGARET S DOLLAN CHIEF DEVELOPMENT OFFICER 35.00 X 131079 0 16735 589973 0 76935 3 0 1 0 EDUCATION STRATEGY GROUP LLC 4716 DRUNMOND AVENUE CHEVY CHASE MD 20815 CONSULTING SERVICES 499866 EDUCATION FIRST CONSULTING LLC PO BOX 22871 SEATTLE WA 981220871 EDUCATION LEARNING 393520 ROBERT HALF 12400 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 ACCOUNTING SERVICES 285798 KHAN ACADEMY PO BOX 1630 MOUNTAIN VIEW CA 94042 TUTORING SERVICES 200000 PUBLIC WORKS PARTNERS LLC 20 WEST 38TH STREET 5TH FL NEW YORK NY 10018 CONSULTANT SERVICES 161500 11 30434401 30434401 736015 736015 1085090 1046774 38316 38316 38316 31208732 0 0 774331 23770829 23770829 521251 162692 358559 97687 596 97091 29129 7434 21695 39411 31473 7938 37855 19405 18450 62042 62042 30422 30422 297048 287578 9470 3348 2118 1230 9050 9050 2487 1295 1192 19040 19040 OTHER MISC 31446 29477 1969 24951045 23770829 653572 526644 18398201 21656305 13200093 17112546 0 0 18588365 18763220 7445 14519 50194104 57546590 246705 664808 12891625 13983592 13138330 14648400 X 2670527 3001820 34385247 39896370 37055774 42898190 50194104 57546590 6257687 -372877 -42394 X 0 1 X 1 0 X 18984679 43196738 26149767 13107196 30434401 131872781 18984679 43196738 26149767 13107196 30434401 131872781 39556535 92316246 342822 449830 430187 489914 736015 2448768 134321549 0.68730 0.75120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2629831 112394 -47640 2789865 3023200 -380309 13060 2629831 2623459 409458 9717 3023200 566992 1850000 209141 2674 2623459 550099 17293 400 566992 0.83929 0.16071 0 0 0 X 31760060 -415265 966593 551328 31208732 0 31208732 25917638 966593 966593 24951045 0 24951045 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. X 0 0 0 0 0 0 0 0 0 STEPHEN COCKRELL CEO (7/2022) 182928 0 0 0 0 0 7465 0 19265 0 209658 0 0 0 JULIA SHAPIRO CEO (TILL 7/2022) 180291 0 0 0 0 0 5483 0 9854 0 195628 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. FORM 990 - DIFFERENCES ON AMENDED RETURN THE ORGANIZATION IS AMENDING THE FORM 990 TO CORRECT NEWLY DISCOVERED ERRORS. SUMMARY OF CHANGES: 1. FORM 990, PART VII, SECTION A - OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES. LINE 1, (3) MARGARET S DOLLAN, COLUMN (F) ORIGINAL AMENDED $131,079 $16,735 LINE 3, DID THE ORGANIZATION LIST ANY FORMER OFFICER, DIRECTOR, TRUSTEE, KEY EMPLOYEES, OR HIGHEST COMPENSATED EMPLOYEE ON LINE 1A? ORIGINAL AMENDED YES NO 2. FORM 990, PART XI - RECONCILIATION OF NET ASSETS LINE 9, OTHER CHANGES IN NET ASSETS OR FUND BALANCES ORIGINAL AMENDED -$43,494 -$42,394 3. FORM 990, PART XII - FINANCIAL STATEMENTS AND REPORTING LINE 2B, WERE THE ORGANIZATION'S FINANCIAL STATEMENTS AUDITED BY AN INDEPENDENT ACCOUNTANT? ORIGINAL AMENDED NO YES 4. SCHEDULE D, PART V - ENDOWMENT FUNDS LINE 1C, NET INVESTMENT EARNINGS, GAINS, AND LOSSES, COLUMN (A) ORIGINAL AMENDED NONE $112,394 LINE 1E, OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS ORIGINAL AMENDED NONE -$47,640 LINE 2B, PERMANENT ENDOWMENT ORIGINAL AMENDED NONE 83.9290% LINE 2C, TERM ENDOWMENT ORIGINAL AMENDED NONE 16.0710%