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        <CurrentTaxYearAmt>1023750</CurrentTaxYearAmt>
        <TotalAmt>4377721</TotalAmt>
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      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus1YearAmt>3353971</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1023750</CurrentTaxYearAmt>
        <TotalAmt>4377721</TotalAmt>
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      <SubstantialContributorsTotAmt>3912927</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>464794</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus1YearAmt>37</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>22126</CurrentTaxYearAmt>
        <TotalAmt>22163</TotalAmt>
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      <TotalSupportAmt>4399884</TotalSupportAmt>
      <PublicSupportCY170Pct>0.10560</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.63810</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsPY170Ind>X</ThirtyThrPctSuprtTestsPY170Ind>
      <TenPctFactsCrcmstncsTestCYInd>X</TenPctFactsCrcmstncsTestCYInd>
      <FactsAndCircumstancesTestTxt>Part II Section A Line 17A FACTS AND CIRCUMSTANCES TEST</FactsAndCircumstancesTestTxt>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>Part II Section A Line 17A</FormAndLineReferenceDesc>
        <ExplanationTxt>FINANCIAL SUPPORT FOR THE FIVE YEAR PERIOD, EDBUILD RECEIVED 10.56 OF ITS TOTAL SUPPORT FROM THE GENERAL PUBLIC AND INDIRECT PUBLIC SOURCES. THIS EXCEEDS THE 10 FLOOR REQUIRED</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>Part II Section A Line 17A</FormAndLineReferenceDesc>
        <ExplanationTxt>PUBLIC SOLICITATION THE ORGANIZATION MAINTAINS A CONTINUOUS FUNDRAISING PROGRAM AS EVIDENCED BY SIGNIFICANT FUNDRAISING EXPENDUTURES DEDICATED TO ATTRACTING A BROAD RANGE OF SUPPORT FROM PUBLIC CHARITIES AND GOVERNMENTAL AGENCIES</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>Part II Section A Line 17A</FormAndLineReferenceDesc>
        <ExplanationTxt>PUBLIC MISSION AND SERVICE EDBUILD SERVES A VITAL PUBLIC FUNCTION BY TRANSLATING COMPLEX EDUCATIONAL RESEARCH INTO ACCESSIBLE POLICY INSIGHTS. THESE MATERIALS ARE DISSEMINATED TO THE PUBLIC AND EDUCATIONAL STAKEHOLDERS TO IMPROVE SCHOOL FUNDING SYSTEMS NATIONWIDE. THIS PUBLIC AVAILABILITY OF SERVICES IS A KEY INDICATOR OF THE ORGANIZATIONS PUBLIC NATURE</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>Part II Section A Line 17A</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNANCE THE BOARD OF DIRECTORS IS COMPRISED OF PROFESSIONALS WITH DEEP EXPERTISE IN THE FIELD OF EDUCATION POLICY, ENSURING THAT THE ORGANIZATIONS ACTIVITIES ARE DIRECTED TOWARD THE BROAD PUBLIC INTEREST OF EVIDENCE BASED SCHOOL FUNDING RATHER THAN THE PRIVATE INTERESTS OF ANY SPECIFIC DONOR.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <InclEscrowCustodialAcctLiabInd>false</InclEscrowCustodialAcctLiabInd>
      <OtherSecuritiesGrp>
        <Desc>Financial derivatives and other financial products</Desc>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>Closely-held equity interests</Desc>
      </OtherSecuritiesGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Federal income taxes</Desc>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OPERATING LEASE LIABILITIES- CURRENT</Desc>
        <Amt>40263</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OPERATING LEASE LIABILITIES - NONCURRENT</Desc>
        <Amt>53709</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>93972</TotalLiabilityAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="990I" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>458 BROADWAY MAIL CODE 8838</AddressLine1Txt>
          <CityNm>REDWOOD CITY</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94063</ZIPCd>
        </USAddress>
        <RecipientEIN>941156365</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>12100</CashGrantAmt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>THE GEORGE WASHINGTON UNIVERSITY</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>44983 KNOLL SQUARE SUITE 203</AddressLine1Txt>
          <CityNm>ASHBURN</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>20147</ZIPCd>
        </USAddress>
        <RecipientEIN>530196584</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>18448</CashGrantAmt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>OCCIDENTAL COLLEGE</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1600 CAMPUS ROAD</AddressLine1Txt>
          <CityNm>LOS ANGELES</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90041</ZIPCd>
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        <RecipientEIN>951667177</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>30897</CashGrantAmt>
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      <RecipientTable>
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          <BusinessNameLine1Txt>BOARD OF REGENTS NEVADA SYSTEM OF HIGHER EDUCATION</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>4505 S MARYLAND PARKWAY BOX 451</AddressLine1Txt>
          <CityNm>LAS VEGAS</CityNm>
          <StateAbbreviationCd>NV</StateAbbreviationCd>
          <ZIPCd>89154</ZIPCd>
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        <RecipientEIN>886000024</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>68133</CashGrantAmt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>UNIVERSITY OF PITTSBURGH</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>116 ATWOOD ST</AddressLine1Txt>
          <CityNm>PITTSBURGH</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>15260</ZIPCd>
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        <RecipientEIN>250965591</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>11470</CashGrantAmt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>UNIVERSITY OF TORONTO</BusinessNameLine1Txt>
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        <ForeignAddress>
          <AddressLine1Txt>215 HURON ST 2ND FLOOR</AddressLine1Txt>
          <CityNm>TORONTO</CityNm>
          <ProvinceOrStateNm>ONT</ProvinceOrStateNm>
          <CountryCd>CA</CountryCd>
          <ForeignPostalCd>M5S1A2</ForeignPostalCd>
        </ForeignAddress>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>8525</CashGrantAmt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>BROWN UNIVERSITY</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>CONTROLLERS OFFICE - BOX J</AddressLine1Txt>
          <CityNm>PROVIDENCE</CityNm>
          <StateAbbreviationCd>RI</StateAbbreviationCd>
          <ZIPCd>02912</ZIPCd>
        </USAddress>
        <RecipientEIN>050258809</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>86267</CashGrantAmt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>UNIVERSITY OF WASHINGTON</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>BOX 359441 4333 BROOKLYN AVE NE</AddressLine1Txt>
          <CityNm>SEATTLE</CityNm>
          <StateAbbreviationCd>WA</StateAbbreviationCd>
          <ZIPCd>98195</ZIPCd>
        </USAddress>
        <RecipientEIN>916001537</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>71908</CashGrantAmt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>URBAN INSTITUTE</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>500 L ENFANT PLAZA SW</AddressLine1Txt>
          <CityNm>WASHINGTON</CityNm>
          <StateAbbreviationCd>DC</StateAbbreviationCd>
          <ZIPCd>20024</ZIPCd>
        </USAddress>
        <RecipientEIN>520880375</RecipientEIN>
        <IRCSectionDesc>501c3</IRCSectionDesc>
        <CashGrantAmt>58623</CashGrantAmt>
      </RecipientTable>
      <TotalOtherOrgCnt>9</TotalOtherOrgCnt>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>RESEARCH GRANT</GrantTypeTxt>
        <RecipientCnt>9</RecipientCnt>
        <CashGrantAmt>366371</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="990O" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part III, Section 3, Line 4</FormAndLineReferenceDesc>
        <ExplanationTxt>BRIDGING THE GAP BETWEEN RESEARCH AND POLICY COMMUNITIES AND PROVIDING INSIGHT BASED ON RIGOROUS RESEARCH</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>