2023-09-20T14:03:57-05:00 2022-06-30 461171913 S D MAYER & ASSOCIATES LLP 235 MONTGOMERY STREET 30TH FL SAN FRANCISCO CA 94104 990 2021-07-01 941592822 SAN FRANCISCO EDUCATION FUND SANF 4156955400 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 ANN WALDEN CEO 4156955400 2023-09-20 1 ANN WALDEN 999009999 W NOEL MCNABOLA P00181055 4156914040 2023-09-20 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANN WALDEN 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 6253219 0 X WWW.SFEDFUND.ORG X 1964 CA TO EQUIP STUDENTS WITH SKILLS TO SUCCEED IN COLLEGE, CAREER & CIVIC RESPONSIBILITY. 18 18 24 287 0 0 8030412 5960021 0 0 371498 280484 -107458 -184448 8294452 6056057 5266284 3356602 0 0 1141823 1600328 81976 129978 381947 497070 723269 6987153 5810177 1307299 245880 10692453 10605062 172155 969351 10520298 9635711 THE EDUCATION FUND MOBILIZES THE COMMUNITY TO SUPPORT EQUITABLE ACCESS TO A QUALITY EDUCATION FOR PUBLIC SCHOOL STUDENTS THROUGH TUTORING AND MENTORING, SCHOLARSHIPS, TEACHER GRANTS, AND CORPORATE SCHOOL ADOPTION. 0 0 1160163 639258 THE MAISIN SCHOLAR AWARD PROGRAM OFFERS SCHOLARSHIPS AND COUNSELING TO 75 GRADUATING SENIORS FOR UP TO 4 YEARS OF POST-SECONDARY SCHOOLING. 827658 1300 THE PUBLIC ENGAGEMENT PROGRAM CONTINUES TO ENGAGE COMMUNITY MEMBERS IN ALL 117 SAN FRANCISCO PUBLIC SCHOOLS AS GENERAL VOLUNTEERS, TUTORS, MENTORS AND SUPPORTERS. A SUBSET OF THOSE SCHOOLS IS ALSO INVOLVED IN ITS CORPORATE PARTNERSHIP PROGRAM, CIRCLE THE SCHOOLS, AND RECEIVE GRANTS AS A RESULT. 189850 50624 THE LITERACY PROGRAM WORKS IN 5 HIGH-NEED ELEMENTARY SCHOOLS. IN EACH SCHOOL, THE EDUCATION FUND TRAINS AND PLACES VOLUNTEERS IN CLASSROOMS TO WORK ONE-ON-ONE WITH STUDENTS ON THEIR LITERACY SKILLS. THE EDUCATION FUND SUPPLEMENTS THOSE VOLUNTEERS WITH DIRECT GRANTS TO TEACHERS AND PRINCIPALS FOCUSED ON IMPROVING LITERACY IN THEIR CLASSROOM OR SCHOOL, AND USES DATA ANALYSIS TO IDENTIFY WHICH INDIVIDUAL STUDENTS OR GROUPS OF STUDENTS NEED OUR SUPPORT. 3084664 2665420 15389 3084664 2665420 15389 5262335 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JIL SAHEBA 4156955400 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 RADHAKRISHNAN MAHENDRAN PRESIDENT 4.00 X X 0 0 0 DANIEL R LENTZ VICE PRESIDENT 4.00 X X 0 0 0 HILARY SHIRAZI TREASURER 4.00 X X 0 0 0 IVAN AU SECRETARY 4.00 X X 0 0 0 PRASANTH BODA DIRECTOR 4.00 X 0 0 0 WILLIAM BOURDON DIRECTOR 4.00 X 0 0 0 KATHRINE GILLESPIE DIRECTOR 4.00 X 0 0 0 JOSEPH GHOBRIAL DIRECTOR 4.00 X 0 0 0 MEAGAN HERZOG DIRECTOR 4.00 X 0 0 0 ERIC JONES DIRECTOR 4.00 X 0 0 0 BECKY KARSH DIRECTOR 4.00 X 0 0 0 NANCY LAI DIRECTOR 4.00 X 0 0 0 DEBBY LU DIRECTOR 4.00 X 0 0 0 RACHEL PATTERSON DIRECTOR 4.00 X 0 0 0 CAMELLIA PHAM DIRECTOR 4.00 X 0 0 0 JEN SCIARRA DIRECTOR 4.00 X 0 0 0 DARIUS WHITE DIRECTOR 4.00 X 0 0 0 LORI BIRNBAUM GALANTE DIRECTOR 4.00 X 0 0 0 STACEY WANG CEO 40.00 X 172721 0 0 REBECCA KROLL TALENT & OPERATIONS DIRECTOR 40.00 X 106997 0 0 279718 0 0 2 0 1 0 POLICY STUDIES ASSOCIATES INC 1120 20TH ST NW SUITE 200 N WASHINGTON DC 20036 RESEARCH SERVICES 250000 1 423845 275211 5260965 5960021 170024 170024 107785 2675 0 0 107785 2675 110460 2675 107785 0 423845 197162 -197162 -197162 OTHER INCOME 900099 12714 12714 12714 6056057 15389 0 80647 2475495 2475495 881107 881107 172721 144792 6028 21901 1233844 1034451 43076 156317 80305 65725 2603 11977 113458 94772 4023 14663 4106 4106 84994 84994 129978 129978 410649 390743 8577 11329 17385 14312 1487 1586 51436 41508 1681 8247 4262 4096 39 127 7092 347 6676 69 14791 10404 2318 2069 EQUIPMENT RENTAL 44569 38944 -205 5830 PAYROLL PROCESSING 32739 26354 1145 5240 PROGRAM EVENTS 18945 18945 0 0 OTHER EXPENSES 13443 13646 -2039 1836 18858 6694 1386 10778 5810177 5262335 165895 381947 1019192 1503355 481970 740334 21796 27910 119488 89633 13127 29855 9156368 8303608 10692453 10605062 157641 939051 14514 30300 172155 969351 X 2847008 2398319 7673290 7237392 10520298 9635711 10692453 10605062 245880 -1130467 0 X X 0 1 X 1 0 X 2121588 2150698 1763741 8030412 5960021 20026460 2121588 2150698 1763741 8030412 5960021 20026460 6451295 13575165 172701 205176 414412 153327 170024 1115640 57135 379807 366400 355095 436559 1594996 22737096 0.59700 0.66620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7598741 -581168 0 7017573 6554664 2020147 976070 7598741 6831824 -86145 191015 6554664 7003182 366642 538000 6831824 6937960 315192 249970 7003182 0.21151 0.45129 0.33720 0 0 119488 89633 29855 29855 MUTUAL FUNDS 8303608 F 8303608 LEASE PAYABLE 30300 30300 X 4953815 -1130467 28225 -1102242 6056057 0 6056057 5838402 28225 28225 5810177 0 5810177 PART V, LINE 4: THE EDUCATION FUND'S ENDOWMENT INCLUDES TWO DONOR-RESTRICTED ENDOWMENT FUNDS: ONE TO SUPPORT TEACHER GRANTS; AND THE SECOND TO SUPPORT ACTIVITIES DEEMED BY THE BOARD OF DIRECTORS OF THE EDUCATION FUND TO IMPROVE THE QUALITY OF EDUCATION IN SAN FRANCISCO PUBLIC SCHOOLS. A THIRD ENDOWMENT FUND CONSISTS OF RESERVES DESIGNATED BY THE BOARD OF DIRECTORS OF THE EDUCATION FUND TO FUNCTION AS AN ENDOWMENT. PART X, LINE 2: THE EDUCATION FUND IS A NOT-FOR-PROFIT ORGANIZATION, EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S INTERNAL REVENUE CODE (THE CODE), AND CONTRIBUTIONS TO IT ARE TAX DEDUCTIBLE AS PRESCRIBED BY THE CODE. THE EDUCATION FUND IS ALSO EXEMPT FROM CALIFORNIA INCOME TAX UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE EDUCATION FUND IS GENERALLY NO LONGER SUBJECT TO TAX EXAMINATIONS RELATING TO FEDERAL AND STATE TAX RETURNS FOR YEARS PRIOR TO 2017. THE EDUCATION FUND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) AND HAS BEEN DESIGNATED AS A "PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 170(B)(1)(A)(VI) OF THE CODE. THE EDUCATION FUND ASSESSES ITS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN ITS FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS. THERE WAS NO MATERIAL IMPACT ON THE EDUCATION FUND'S FINANCIAL STATEMENTS AS A RESULT OF THE ADOPTION OF THIS POLICY. X X 1 JENNIFER BING 3361 MISSION ST SAN FRANCISCO CA 94110 EVENT CONSULTING - BACK TO SCHOOL GALA 0 0 5810 -5810 5810 -5810 CA BACK TO SCHOOL GALA 423845 423845 197162 2 423845 423845 197162 197162 -197162 1 BOOKNOOK INC 344 THOMAS L BERKLEY WAY OAKLAND CA 94612 227325 0 BOOKNOOK PROGRAM SERVICES CELSIUS AND BEYOND LLC 140 BALBOA ST SAN FRANCISCO CA 94118 77000 0 PROGRAM SERVICES RENEGADE GIRLS PO BOX 170277 SAN FRANCISCO CA 94117 473570606 501(C)3 220000 0 PROGRAM SERVICES YOUTHSF 5950 GEARY BLVD SAN FRANCISCO CA 94121 501(C)3 315000 0 PROGRAM SERVICES SAN FRANCISCO SEALS PO BOX 170451 SAN FRANCISCO CA 94117 943125535 501(C)3 225000 0 PROGRAM SERVICES AQUARIUM OF THE BAY PIER 39 EMBARCADERO BEACH ST SAN FRANCISCO CA 94133 900401015 501(C)3 30000 0 PROGRAM SERVICES GIRLS LEADING GIRLS 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 86900 0 PROGRAM SERVICES GOLDEN GATE SOCCER LLC 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 72500 0 PROGRAM SERVICES KID STOCK INC 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 156240 0 PROGRAM SERVICES SAN FRANCISCO BOTANICAL GARDEN SOCIETY 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 44250 0 PROGRAM SERVICES SAN FRANCISCO HIGH SCHOOL OF THE ARTS 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 588600 0 PROGRAM SERVICES SAN FRANCISCO JUNIOR GLENS SOCCER ASSOCIATION 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 63350 0 PROGRAM SERVICES SAN FRANCISCO VIKINGS SOCCER CLUB 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 66500 0 PROGRAM SERVICES SAN FRANCISCO YOUTH FIELD HOCKEY CLUB - HAWKS HOCKEY 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 50400 0 PROGRAM SERVICES TREE FROG TREKS LLC 2730 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94110 48870 0 PROGRAM SERVICES BESSIE CARMICHAEL ELEMENTARY 2731 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94111 20000 0 PROGRAM SERVICES JUNIPERO SERRA ELEMENTARY SCHOOL 2732 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94112 9285 0 PROGRAM SERVICES STEPS TO LITERACY LLC 2733 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94113 18811 0 PROGRAM SERVICES SAN FRANCISCO BEACON INITIATIVE (TIDES CENTER) 2734 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94114 79000 0 PROGRAM SERVICES THE FORUM FOR YOUTH INVESTMENT 2735 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94115 40913 0 PROGRAM SERVICES WORLDSTRIDES 2736 BRYANT STREET 2ND FLOOR SAN FRANCISCO CA 94116 11875 0 PROGRAM SERVICES 4 9 DIRECT GRANTS TO EDUCATORS IN TARGET HIGH-NEEDS SCHOOLS. 8 20000 SCHOLARSHIP GRANTS--VARIOUS 417 848169 RELIEF & INCENTIVES TO STUDENTS & FAMILIES --VARIOUS 498 12938 CLOTHING & SCHOOL SUPPLIES PART I, LINE 2: GRANTEES OF THE SAN FRANCISCO EDUCATION FUND ARE REQUIRED TO SUBMIT A MID-YEAR AND END-OF-YEAR REPORT TO OUTLINE THEIR ACTIVITIES AND FINANCES RELATED TO THE GRANT. THE FINANCIAL PIECE OF THESE REPORTS INCLUDES SUBMITTING RECEIPTS FOR ALL PURCHASES MADE WITH GRANT FUNDS, AND A TRACKING OF ANY INDIVIDUAL COMPENSATION VIA EITHER STIPEND OR HOURLY WAGE, PAID THROUGH GRANT FUNDS. IF THERE ARE EXPENSES LEFT AT THE END OF THE GRANT PERIOD WE REQUIRE AN EXPLANATION OF HOW THE FUNDS WILL BE SPENT (SUBJECT TO APPROVAL BY SAN FRANCISCO EDUCATION FUND STAFF) AND THE RECEIPTS TO DOCUMENT THOSE FINAL EXPENSES. 0 0 0 0 0 0 0 0 0 STACEY WANG CEO 172721 0 0 0 0 0 0 0 0 0 172721 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAXPAYER'S ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE DIRECTOR OF FINANCE. THE DIRECTOR OF FINANCE FORWARDED THE FORM 990 TO THE MEMBERS OF THE AUDIT COMMITTEE FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE FORM 990. THE FORM 990 WAS ALSO SHARED WITH ALL BOARD MEMBERS, WHO ARE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD THEIR QUESTIONS TO THE DIRECTOR OF FINANCE AND/OR THE AUDIT COMMITTEE CHAIR. THE DIRECTOR OF FINANCE, AUDIT COMMITTEE MEMBERS, OR THE ACCOUNTING FIRM ADDRESS THE QUESTIONS FROM THE BOARD. FINALLY, THE BOARD RATIFIES THE AUDIT COMMITTEE'S APPROVAL OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE REQUIRED TO REVIEW AND ACKNOWLEDGE ACCEPTANCE OF THE TERMS AND CONDITIONS OF THE EMPLOYEE HANDBOOK, WHICH INCLUDES THE MOST RECENT VERSION OF THE CONFLICT OF INTEREST POLICY. IN ADDITION, THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND OVERSEES BOARD COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDES REVIEW OF COMPENSATION SURVEYS AND SIMILAR FORMS 990. FORMAL APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IS NEEDED TO DECIDE ON COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS VIA MAIL OR EMAIL UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE MANNER IN WHICH THE ANNUAL AUDIT IS OVERSEEN BY THE AUDIT COMMITTEE.