2026-02-27T11:45:25-05:00 2025-06-30 841255164 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN STREET SUITE 200 DENVER CO 80203 990 2024-07-01 205143175 DENVER SCHOLARSHIP FOUNDATION DENV 3039514140 789 SHERMAN STREET SUITE 610 DENVER CO 80203 LORII RABINOWITZ CEO 3039514140 2026-02-26 true true KRISTIN CALDER P01720813 3035345953 2026-02-27 2024 2025-03-06 01:10:19Z LORII RABINOWITZ 789 SHERMAN STREET SUITE 610 DENVER CO 80203 30235423 false X WWW.DENVERSCHOLARSHIP.ORG X 2006 CO TO INSPIRE DPS STUDENTS TO ENROLL IN AND GRADUATE FROM COLLEGE. (FULL MISSION ON SCHEDULE O) 30 30 98 96 0 15133175 22120544 0 1328035 7645272 59279 86585 16520489 29852401 7664481 8624992 0 7468565 8581782 0 1175306 2162347 2259858 17295393 19466632 -774904 10385769 39897161 45233307 2428689 1798082 37468472 43435225 X DENVER SCHOLARSHIP FOUNDATION (DSF) INSPIRES AND EMPOWERS DENVER PUBLIC SCHOOLS (DPS) STUDENTS TO ENROLL IN AND GRADUATE FROM POSTSECONDARY INSTITUTIONS OF HIGHER EDUCATION BY PROVIDING THE TOOLS, KNOWLEDGE, AND FINANCIAL RESOURCES FOR SUCCESS. false false 9259849 8624992 SCHOLARSHIPS: DENVER SCHOLARSHIP FOUNDATION (DSF) AWARDS UP TO FIVE YEARS OF SCHOLARSHIPS TO DPS GRADUATES WITH SIGNIFICANT FINANCIAL NEED, WHO QUALIFY TO ATTEND ONE OF DSF'S 30 COLLEGE PARTNERS IN COLORADO, INCLUDING UNIVERSITIES, TECHNICAL AND/OR COMMUNITY COLLEGES. IN FY25, DSF AWARDED SCHOLARSHIPS TO 2,504 QUALIFYING STUDENTS WITH 82% OF THE MOST RECENT 6- YEAR COHORT HAVING GRADUATED OR CONTINUING TO PERSIST IN THEIR POSTSECONDARY EDUCATION. THE DEMOGRAPHICS OF DSF SCHOLARS ARE AMONG THE MOST UNDER-REPRESENTED IN COLLEGE; 87% ARE FIRST-GENERATION COLLEGE STUDENTS, ALL WERE RAISED IN LIMITED-INCOME HOUSEHOLDS, AND 93% ARE STUDENTS OF COLOR. (CONTINUED ON SCHEDULE O) 4079488 COLLEGE ACCESS: DSF PROVIDES FREE CAREER AND COLLEGE ADVISEMENT SERVICES FOR OVER 14,000 9TH-12TH GRADE STUDENTS AT ITS 15 DSF FUTURE CENTERS, WHICH ARE DSF-STAFFED RESOURCE CENTERS LOCATED IN DPS HIGH SCHOOLS. THE MAJORITY OF STUDENTS SERVED THROUGH DSF FUTURE CENTERS DEMONSTRATE FINANCIAL NEED AND ARE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE; COACHING THESE STUDENTS AND THEIR FAMILIES THROUGH THE COMPLEXITIES OF PLANNING, APPLYING, ENROLLING, AND PAYING FOR COLLEGE ARE THE CORE FUNCTIONS OF THIS MUCH- NEEDED PROGRAM. (CONTINUED ON SCHEDULE O) 2336836 86585 COLLEGE SUCCESS: DSF, IN COLLABORATION WITH ITS 30 COLLEGE PARTNERS THROUGHOUT COLORADO, PROVIDES CRITICAL WRAPAROUND SERVICES TO ALL DSF SCHOLARS, ENSURING EACH RECEIVES ADDITIONAL CAREER EXPLORATION AND GUIDANCE, FINANCIAL AID, ACADEMIC, AND SOCIAL SUPPORT TO HELP THEM PERSIST AND GRADUATE FROM COLLEGE. DSF HAS AGREEMENTS IN PLACE WITH EACH COLLEGE PARTNER, INCLUDING ADDITIONAL GIFT AID, WHICH ENSURE DSF SCHOLARS RECEIVE ALL SUCCESS SERVICES THROUGH DESIGNATED CAMPUS AND FINANCIAL AID CONTACTS AT EACH INSTITUTION. (CONTINUED ON SCHEDULE O) 15676173 true true false true false false false false false true true true false false true false true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 39 0 true 98 true false false false false false true true false false false false false false false false X 30 30 false false false false false true true true true false false true true true true true true true true false X PATTI SCHWARTZBERG CFAO 3039514153 789 SHERMAN STREET SUITE 610 DENVER CO 80203 LORII RABINOWITZ CEO 40.00 X 240307 0 21235 PATTI SCHWARTZBERG CFAO 40.00 X 203085 0 17464 NATE CADENA CHIEF IMPACT 40.00 X 188593 0 21949 MATHEW LICHINI DR. FINANCE 40.00 X 108740 0 14326 JAKE WENGER SR.DR. IT 40.00 X 137395 0 15945 PATRICIA WHITEHOUSE SR.DR.PEOPLE 40.00 X 129623 0 16418 OLIVIA OMEGA SR. DR. MKTG 40.00 X 116701 0 8638 RENAE BELLEW SR. DR. PROG 40.00 X 111479 0 21136 LUELLA CHAVEZ DANGELO CHAIR 3.00 X X 0 0 0 KATIE L MACWILLIAMS TREASURER 2.00 X X 0 0 0 JOHN A ELOFSON SECRETARY 2.00 X X 0 0 0 STEVE E ABELMAN DIRECTOR 1.00 X 0 0 0 MARIA G ARIAS DIRECTOR 1.00 X 0 0 0 TOM F BRADY DIRECTOR 1.00 X 0 0 0 DAVID BREWSTER ASSOCIATE CH 1.00 X 0 0 0 DANIEL BROWN DIRECTOR 1.00 X 0 0 0 DENISE BURGESS DIRECTOR 1.00 X 0 0 0 STACY CARPENTER DIRECTOR 1.00 X 0 0 0 JASON CLARK DIRECTOR 1.00 X 0 0 0 JENNIFER CMIL DIRECTOR 1.00 X 0 0 0 JONATHAN COLEMAN DIRECTOR 1.00 X 0 0 0 LUIS A COLN DIRECTOR 1.00 X 0 0 0 JAMES COUSIN DIRECTOR TO 1.00 X 0 0 0 DON DABOUB DIRECTOR 1.00 X 0 0 0 ROBERT BOB F DEIBEL DIRECTOR 1.00 X 0 0 0 BARRY DORFMAN DIRECTOR 1.00 X 0 0 0 CATHEY MCLAIN FINLON DIRECTOR 1.00 X 0 0 0 LYNN GANGONE DIRECTOR 1.00 X 0 0 0 ALBERTO GARCIA DIRECTOR 1.00 X 0 0 0 JOHN J HANLEY DIRECTOR TO 1.00 X 0 0 0 MARISA HUDSON-ARNEY DIRECTOR 1.00 X 0 0 0 JOHN A IKARD DIRECTOR 1.00 X 0 0 0 AFSOON KELLY DIRECTOR 1.00 X 0 0 0 STEVE KROM DIRECTOR 1.00 X 0 0 0 TIPHANI KRUEGAR DIRECTOR 1.00 X 0 0 0 ANDY MILLER DIRECTOR 1.00 X 0 0 0 R SCOTT NYCUM JR DIRECTOR 1.00 X 0 0 0 BETSY RODRIGUEZ DIRECTOR 1.00 X 0 0 0 BILL RYAN DIRECTOR 1.00 X 0 0 0 RYAN TOBIN DIRECTOR TO 1.00 X 0 0 0 ANNE TRUJILLO DIRECTOR 1.00 X 0 0 0 DANNY WETMORE DIRECTOR 1.00 X 0 0 0 1235923 137111 8 false true false GYAN-I INC 383 CORONA STREET DENVER CO 80218 IT SERVICES 117050 1 764256 3920230 17436058 149154 22120544 838664 838664 6806608 6806608 6806608 6806608 383022 764256 383022 MISCELLANEOUS 900099 86585 86585 86585 29852401 86585 7645272 8624992 8624992 813548 291699 344334 177515 6314117 4693175 1016155 604787 273709 203814 43643 26252 621248 446276 137420 37552 559160 399400 102504 57256 9232 9232 118112 118112 358188 28000 231840 98348 90827 8526 53691 28610 55858 20972 16784 18102 883788 685462 120563 77763 323365 3659 319626 80 74386 41858 20001 12527 14807 14807 OTHER PROGRAM EXPENSES 229900 203935 32 25933 TRAINING & PROF. DEV. 55871 15534 31949 8388 MEMBERSHIP FEES 45378 8768 34460 2150 MISCELLANEOUS 146 103 43 19466632 15676173 2615153 1175306 31094 265343 3863711 2209412 2185944 3522394 327397 101319 309512 209124 199380 158365 55822 41015 29055787 33170019 2837473 4693096 1230421 1021585 39897161 45233307 878972 528675 1549717 1269407 2428689 1798082 X 3403310 5637254 34065162 37797971 37468472 43435225 39897161 45233307 10385769 -4419016 X X false true X true true true X 14325538 13797760 15146261 15133175 22120544 80523278 154930 96409 97270 72404 72404 493417 14480468 13894169 15243531 15205579 22192948 81016695 81016695 544689 686126 913130 630200 838664 3612809 18313 1913 700 59279 86585 166790 84796294 469607 0.95540 0.94940 X PART II, LINE 10 MISCELLANEOUS INCOME 166,790 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18291326 18291326 1000000 250000 701607 897648 956181 1000000 3555436 5333154 10000 10000 175402 224412 239045 250000 888859 1333289 31018131 46383 2836643 116548 33784609 27003854 138500 3993143 117366 31018131 23513214 937624 2566650 13634 27003854 28358209 50500 -4802419 93076 23513214 20709761 660570 7053968 66090 28358209 0.00860 0.99140 true false 199380 158365 41015 41015 ALTERNATIVE INVESTMENTS 4693096 F 4693096 LEASE LIABILITY 1060753 DEFERRED SPONSORSHIPS 208654 1269407 25425645 -4419016 110372 -4308644 29734289 118112 118112 29852401 19458892 110372 110372 19348520 118112 118112 19466632 SCHEDULE D, PAGE 2, PART V, LINE 4 EARNINGS FROM THE ENDOWMENT FUNDS ARE USED TO SUPPORT FUTURE SCHOLARSHIP PAYMENTS. EARNINGS FROM THE ENDOWMENT FUNDS NOT IN THE POSSESSION OF THE FOUNDATION SHALL BE USED TO SUPPORT THE OPERATIONS OF THE FOUNDATION. ANNUAL DINNER 1147278 764256 383022 59055 173763 9253 140951 1147278 764256 383022 59055 173763 9253 140951 383022 true SCHOLARSHIPS FOR STUDENTS 2504 8624992 SCHEDULE I, PAGE 1, PART I, LINE 2 ELIGIBILITY FOR ASSISTANCE IS DETERMINED PRIOR TO SCHOLARSHIP AWARD, AND THE PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. CERTAIN GRADE POINT AVERAGE AND FINANCIAL GUIDELINES MUST BE MET BEFORE STUDENT CAN BE AWARDED A SCHOLARSHIP FOR THE FOLLOWING SEMESTER OR QUARTER. X X X X X false false false false false false false true false LORII RABINOWITZ CEO 218676 21631 11140 10095 261542 PATTI SCHWARTZBERG CFAO 203085 10600 6864 220549 NATE CADENA CHIEF IMPACT OFFICER 188593 10000 11949 210542 JAKE WENGER SR.DR. IT 137395 7275 8670 153340 SCHEDULE J, PAGE 1, PART I, LINE 7 THE BONUS FOR THE CEO IS CALCULATED AS A PERCENTAGE OF TOTAL APPROVED COMPENSATION BASED ON PERFORMANCE AND IS OUTLINED IN A CONTRACT, THE FINAL AMOUNT IS DETERMINED BY AND APPROVED BY THE EXECUTIVE COMMITTEE. X 8 148651 SUBSEQUENT SELLING PRICE X SUPPLIES 1 503 MARKET VALUE OF PRODUCT false true false FORM 990 - ORGANIZATION'S MISSION DENVER SCHOLARSHIP FOUNDATION (DSF) INSPIRES AND EMPOWERS DENVER PUBLIC SCHOOLS (DPS) STUDENTS TO ENROLL IN AND GRADUATE FROM POSTSECONDARY INSTITUTIONS OF HIGHER EDUCATION BY PROVIDING THE TOOLS, KNOWLEDGE, AND FINANCIAL RESOURCES FOR SUCCESS. FORM 990, PART III LINE 4A (CONTINUED - SCHOLARSHIPS) IMPACT: SINCE ITS INCEPTION IN 2006, DSF HAS AWARDED 81M MILLION IN SCHOLARSHIPS, CHANGING THE LIFE TRAJECTORY FOR OVER 11,600 DPS GRADUATES WHO HAVE BECOME DSF SCHOLARS. IN ADDITION TO FINANCIAL SUPPORT, ALL DSF SCHOLARS RECEIVE WRAPAROUND SUPPORTS CALLED SUCCESS SERVICES, WHICH ARE REFERENCED BELOW. LINE 4B (CONTINUED - COLLEGE ACCESS) DSF FUTURE CENTERS ARE STAFFED WITH DSF ADVISORS WHO WORK ONE-ON-ONE WITH STUDENTS, HELPING THEM SELECT THE POSTSECONDARY PATHWAY THAT BEST FITS THEIR ACADEMIC, FINANCIAL, AND PERSONAL GOALS, WHICH HELPS ENSURE THEIR SUCCESS IN COLLEGE PERSISTENCE AND COMPLETION. IMPACT: DPS HIGH SCHOOLS WITH AN ON-SITE DPS FUTURE CENTER SEND MORE GRADUATING SENIORS TO COLLEGE, COMPARED TO HIGH SCHOOLS WITHOUT A DSF FUTURE CENTER. SINCE ITS INCEPTION IN 2006, DPS HAS PROVIDED COLLEGE-GOING ASSISTANCE TO OVER 64,000 DPS STUDENTS. LINE 4C (CONTINUED -SUCCESS) FOR DSF SCHOLARS ENROLLED IN ONE OF THREE COLLEGES LOCATED ON DENVER'S AURARIA CAMPUS, DSF'S EMBEDDED TEAM OF DSF ADVISORS PROVIDE SUCCESS SERVICES DIRECTLY TO SCHOLARS. COLLEGE PARTNERS ADDITIONALLY MATCH THE DSF SCHOLARSHIP WITH 3 FOR EVERY 1 IN DSF AWARD. DSF RAISES FUNDS FROM A VARIETY OF SOURCES AND BASED ON STUDENT SUCCESS, ALSO QUALIFIES FOR PARTIAL REIMBURSEMENT ALONGSIDE OTHER NONPROFITS IN THE CITY AND COUNTY OF DENVER THANKS TO A VOTER APPROVED INITIATIVE MANAGED BY THE PROSPERITY DENVER FUND. WITH 94.7% OF TOP PAYING JOBS IN COLORADO (THOSE OFFERING A FAMILY LIVING WAGE) REQUIRING SOME SORT OF POSTSECONDARY CREDENTIAL, SUPPORTING DSF SCHOLARS TO AND THROUGH COLLEGE COMPLETION AND INTO EARLY CAREER AS ALUMNI IS CRITICALLY IMPORTANT. IMPACT: COLLEGE SUCCESS DIRECTLY IMPACTS THE SUCCESS OF DSF SCHOLARS. BECAUSE OF THESE CRITICAL SUPPORT SERVICES, 82% OF THE MOST RECENT SIX-YEAR COHORT OF DSF SCHOLARS HAVE GRADUATED OR CONTINUE TO PERSIST IN THEIR DRIVE TO ATTAIN A COLLEGE CERTIFICATE OR DEGREE. THE SUCCESS DEMONSTRATED BY DSF SCHOLARS ADDITIONALLY ALLOWS FOR PARTIAL REIMBURSEMENT BY THE CITY AND COUNTY OF DENVER'S VOTER-APPROVED PROSPERITY DENVER FUND, ENSURING EVEN GREATER STUDENT ACCESS TO A POSTSECONDARY EDUCATION AND SUCCESSFUL COMPLETION OF A DEGREE OR CERTIFICATE. FORM 990, PAGE 6, PART VI, LINE 7A A CERTAIN FOUNDING DIRECTOR OF THE FOUNDATION, OR ANY INDIVIDUAL HE DESIGNATES IN WRITING AS HIS SUCCESSOR, APPOINTS ONE DIRECTOR OF THE ORGANIZATION. THE TERM OF THE APPOINTED DIRECTOR IS FOR TWO YEARS, AND ONLY THIS CERTAIN FOUNDING DIRECTOR CAN REMOVE THE APPOINTED DIRECTOR WITH OR WITHOUT CAUSE. FORM 990, PAGE 6, PART VI, LINE 7B ANY AMENDMENT TO THE BYLAWS THAT WOULD CHANGE, ALTER, OR IMPACT THE POWER OF A CERTAIN FOUNDING DIRECTOR OR HIS SUCCESSOR TO APPOINT OR REMOVE THE APPOINTED DIRECTOR IS SUBJECT TO WRITTEN APPROVAL OF THIS CERTAIN FOUNDING DIRECTOR OR HIS SUCCESSOR. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE & INVESTMENT COMMITTEE AND THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED BY ALL OFFICERS DIRECTORS AND KEY EMPLOYEES. THE NOMINATIONS & GOVERNANCE COMMITTEE REVIEWS THE COMPLETED FORMS EACH YEAR AND NOTES ANY CONFLICTS THAT WOULD REQUIRE SPECIAL TREATMENT IN DECISIONS. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE AFTER GIVING CONSIDERATION TO LOCAL MARKET CONDITIONS, THE GENERAL ECONOMY, PERFORMANCE, AND COMPENSATION FOR SIMILAR POSITIONS IN OTHER ORGANIZATIONS OF SIMILAR SIZE. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS 15A FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICES. FORM 990, PART XII LINE 2C - CHANGE IN FINANCIAL REVIEW PROCESS THERE WERE NO CHANGES IN THE AUDIT OVERSIGHT PROCESS DURING THE YEAR.