2022-01-10T13:06:54-06:00 2021-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-07-01 760794873 EDVESTORS INC EDVE 6175855740 140 CLARENDON STREET NO 401 BOSTON MA 02116 MARINELL ROUSMANIERE PRESIDENT & CEO 6175855740 2022-01-10 1 MARINELL ROUSMANIERE XXX-XX-XXXX KATIE BELANGER CPA P01585213 5083669100 2021-12-28 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARINELL ROUSMANIERE 140 CLARENDON STREET NO 401 BOSTON MA 02116 7340776 0 X WWW.EDVESTORS.ORG X 2005 MA EDVESTORS IS A DYNAMIC SCHOOL CHANGE ORGANIZATION FOCUSED ON ACCELERATING SUBSTANTIVE IMPROVEMENT IN BOSTON SCHOOLS. 12 12 18 110 0 0 2020856 7333053 0 0 9426 7723 0 0 2030282 7340776 723428 869610 0 0 1708214 1668016 0 0 481772 1077672 2158667 3509314 4696293 -1479032 2644483 3399411 6746466 968526 1671098 2430885 5075368 X EDVESTORS WAS FOUNDED IN 2002 AS A PLATFORM TO CONNECT BOSTON PHILANTHROPISTS WITH THE CITY'S PUBLIC SCHOOLS BY IDENTIFYING, SHAPING, AND MATCHING DONORS WITH PROMISING SCHOOL IMPROVEMENT EFFORTS. (SEE SCHEDULE O) 0 0 1183640 406500 BOSTON PUBLIC SCHOOLS ARTS EXPANSION - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS IN BOSTON PUBLIC SCHOOLS (BPS). (CONTINUED ON SCHEDULE O) THIS PUBLIC-PRIVATE PARTNERSHIP INVOLVES A LARGE AND COORDINATED NETWORK OF PARTNERS, INCLUDING SCHOOLS, ARTS INSTITUTIONS, TEACHING ARTISTS, AND FUNDERS, AMONG OTHERS. AS A RESULT OF THIS PUBLIC-PRIVATE PARTNERSHIP, 17,000 MORE STUDENTS ANNUALLY RECEIVE ARTS EDUCATION AS COMPARED WITH A DECADE AGO AND OUR PRIVATE INVESTMENT HAS LEVERAGED A 5:1 RETURN OF INCREASED BPS DISTRICT BUDGET INVESTMENT FOR ARTS EDUCATION. EDVESTORS IS THE LEAD IMPLEMENTATION PARTNER FOR BPS ARTS EXPANSION. IN 2019, EDVESTORS PARTNERED WITH BLOOMBERG PHILANTHROPIES TO BRING THE BLOOMBERG ARTS INTERNSHIP TO BOSTON, PROVIDING HIGH SCHOOL STUDENTS WITH SUMMER INTERNSHIPS AT THE CITY'S FOREMOST CULTURAL INSTITUTIONS AND ORGANIZATIONS. 447299 96610 ZEROING IN ON MATH - SETS OUT TO ENSURE MORE MIDDLE GRADES MATH STUDENTS IN BOSTON HAVE ACCESS TO QUALITY MATH INSTRUCTION THAT PREPARES FOR RIGOROUS HIGH SCHOOL ACADEMICS AND SUCCESS IN COLLEGE, CAREER, AND LIFE. (CONTINUED ON SCHEDULE O)THROUGH ZEROING IN ON MATH, EDVESTORS WORKS WITH 17 BOSTON SCHOOLS AND 160 TEACHERS TO ADDRESS THIS CRISIS; BOOSTING MATH SKILLS FOR 3,700 STUDENTS AND PREPARING THEM TO TAKE ALGEBRA AND OTHER ADVANCED MATH COURSES THAT PAVE THE WAY TO COLLEGE AND CAREER SUCCESS. ZEROING IN ON MATH IS SEEING PROMISING RESULTS; THE PROFICIENCY OF PARTICIPATING STUDENTS HAS MOVED AHEAD BY THREE TO FIVE MONTHS BEYOND THE YEAR OF EXPECTED PROGRESS. 1673237 106500 CAREER PATHWAYS - AIMS TO ENSURE ALL STUDENTS CAN ACCESS HIGH QUALITY CAREER LEARNING AND PATHWAYS EXPERIENCES IN BOSTON'S PUBLIC HIGH SCHOOLS THAT EQUIP STUDENTS WITH THE ACADEMIC, TECHNICAL, AND SOCIAL FLUENCY TO THRIVE IN HIGH SCHOOL AND BEYOND. THROUGH THE CAREER PATHWAYS INITIATIVE, EDVESTORS HELPS HIGH SCHOOLS AND THE DISTRICT TO PLAN AND PROVIDE QUALITY CAREER EDUCATION EXPERIENCES FOR MORE BOSTON STUDENTS, ENABLING THEM TO DEVELOP THE SKILLS NEEDED TO IDENTIFY, NAVIGATE TOWARDS, AND REALIZE THEIR COLLEGE AND CAREER READINESS GOALS. IN 2020, EDVESTORS PARTNERED WITH JPMORGAN CHASE ON A FIVE-YEAR PROGRAM THAT WILL STRENGTHEN CAREER AND COLLEGE PREPARATIONS IN BOSTON'S PUBLIC SCHOOLS. 612348 260000 OTHER PROGRAM SERVICES INCLUDES THE SCHOOL ON THE MOVE PRIZE, SCHOOL SOLUTIONS SEED FUND, AND OTHER PROGRAMMATIC EXPENSES. THE SCHOOL ON THE MOVE PRIZE IS BOSTON'S PREMIER AWARD FOR BOSTON PUBLIC SCHOOLS. THE ANNUAL PRIZE INCLUDES A MONETARY AWARD TO ONE OF BPS' MOST RAPIDLY IMPROVING SCHOOLS, WITH SMALLER GRANTS TO THE TWO FINALISTS. THE PRIZE ALSO COMES WITH PUBLIC RECOGNITION AND THE OPPORTUNITY FOR THE WINNING SCHOOL TO DOCUMENT AND SHARE THEIR SUCCESSFUL IMPROVEMENT STRATEGIES TO INFORM THE WORK OF EDUCATORS. THROUGH THE SCHOOL SOLUTIONS SEED FUND, EDVESTORS MAKES SMALL INVESTMENTS IN UP TO 10 PROJECTS EACH WINTER TO PROVIDE SCHOOLS WITH THE OPPORTUNITY TO MOVE QUICKLY TO TEST, PLAN, OR PILOT A SOLUTION TO ONGOING CHALLENGES IMPACTING STUDENT LEARNING. INVESTING IN ON-THE-GROUND SOLUTIONS, IN PARTNERSHIP WITH OUR FUNDERS, IS AN ESSENTIAL PART OF EDVESTORS' APPROACH TO STRATEGIC PHILANTHROPY. 612348 260000 3916524 1 1 0 0 0 0 0 0 0 0 1 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 63 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X MARINELL ROUSMANIERE 6175855740 140 CLARENDON STREET NO 401 BOSTON MA 02116 ANURADHA DESAI SENIOR VP, EXTERNAL AFFAIRS 40.00 X 174463 0 16766 MARINELL ROUSMANIERE PRESIDENT & CEO 40.00 X 163675 0 21518 JANET ANDERSON EXECUTIVE VICE PRESIDENT 40.00 X 129121 0 20246 AMY LUSTER VP, FINANCE & OPERATIONS (THRU 2/21) 36.00 X 98253 0 2259 FRANCISCO MARRIOTT DIR., FINANCE & OPS. (BEGAN 4/21) 1.00 X 0 0 0 KATHERINE GROSS BOARD CHAIR 1.00 X X 0 0 0 FAITH PARKER VICE CHAIR 1.00 X X 0 0 0 KATHERINE S MCHUGH CLERK 1.00 X X 0 0 0 DAVID SIMON TREASURER 1.00 X X 0 0 0 WENDELL KNOX BOARD MEMBER (UNTIL 10/2020) 1.00 X 0 0 0 WILLIAM SCHAWBEL BOARD MEMBER 1.00 X 0 0 0 RUTH ELLEN FITCH ESQ BOARD MEMBER 1.00 X 0 0 0 LORENA LOPERA BOARD MEMBER 1.00 X 0 0 0 MYRAN PARKER-BRASS BOARD MEMBER 1.00 X 0 0 0 MATTHEW LESNIAK BOARD MEMBER 1.00 X 0 0 0 JENNIFER LARSON-JOYCE BOARD MEMBER 1.00 X 0 0 0 JEAN-PHILLIP BRIGNOL BOARD MEMBER 1.00 X 0 0 0 CHRISTINE LETTS BOARD MEMBER 1.00 X 0 0 0 565512 0 60789 3 0 1 0 0 295600 7037453 2500 7333053 7723 7723 7340776 0 0 7723 X 869610 869610 365624 157050 149393 59181 1052670 688096 52665 311909 20028 13807 792 5429 119716 78517 10200 30999 109978 61451 23505 25022 98609 91358 3129 4122 505045 467905 16026 21114 22766 9223 13214 329 33262 28019 2195 3048 135991 111416 10288 14287 2802 1262 290 1250 47174 34442 12579 153 17851 14625 1351 1875 PROGRAM SERVICES 1267575 1266988 587 ADMINISTRATIVE 11802 9615 873 1314 COMMUNICATION 9913 8082 710 1121 MEMBERSHIPS & SUBSCRIPT 5877 5058 200 619 4696293 3916524 297997 481772 995653 3199851 1691295 2092306 608038 1363125 32621 33758 156077 98651 71804 57426 3399411 6746466 219397 326914 453529 644184 700000 295600 968526 1671098 X 1110332 1512354 1320553 3563014 2430885 5075368 3399411 6746466 2644483 0 X X 0 1 X 1 0 X 2656423 3445792 3870766 2020856 7333053 19326890 2656423 3445792 3870766 2020856 7333053 19326890 8617346 10709544 1345 1759 3946 9426 7723 24199 19351089 0.55340 0.66070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 69382 49331 20051 76494 42303 34191 10201 7017 3184 57426 X 7340776 0 7340776 0 7340776 4696293 0 4696293 0 4696293 PART X, LINE 2: EDVESTORS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EDVESTORS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2021 AND 2020. EDVESTORS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 ACTORS' SHAKESPEARE PROJECT INC 442 BUNKER HILL ST CHARLESTOWN MA 02129 200815685 501C3 21000 R13 SY21-22; ASP - BDEA, BINCA, BRIGHTON HIGH, DEARBORN STEM ART RESOURCE COLLABORATIVE FOR KIDS 36 BROMFIELD ST 301 BOSTON MA 02108 455442979 501C3 11000 R13 SY21-22; ARCK - BLACKSTONE, GARDNER PILOT ARTISTS FOR HUMANITY 100 W 2ND STREET BOSTON MA 02127 043138434 501C3 15000 R13 SY21-22; ARTISTS FOR HUMANITY - EXCEL HIGH BOSTON COLLABORATIVE HIGH SCHOOL 215 DORCHESTER STREET BOSTON MA 02127 7000 R13 SY21-22; BOSTON COLLABORATIVE - AND STILL WE RISE BOSTON DAY AND EVENING ACADEMY FOUNDATION INC 20 KEARSARGE AVE BOSTON MA 02119 311708923 501C3 8000 R13 SY21-22; BDEA - TEACHING ARTIST, TERRANCE WONG BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514425 501C3 6000 R13 SY21-22; 1ST YEAR THOMAS EDISON K-8 BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 6000 R13 SY21-22; MCKAY K-8 SCHOOL - ZUMIX BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514425 501C3 10500 R13 SY21-22; 1ST YEAR MAKING MUSIC MATTERS W/ MULTIPLE SCHOOLS BOSTON LYRIC OPERA COMPANY 15 CHANNEL CENTER STREET BOSTON MA 02210 042469627 501C3 5000 R13 SY21-22; 1ST YEAR W/EVERETT ELEM. BOSTON MUSIC PROJECT PO BOX 180772 BOSTON MA 02118 474232704 501C3 6000 R13 SY21-22; 1ST YEAR W/JOSIAH QUINCY ELEM. BOSTON MUSIC PROJECT PO BOX 180772 BOSTON MA 02118 474232704 501C3 11000 R13 SY21-22; BOSTON MUSIC PROJECT - MCKINLEY PREP, PERRY ELEM. COMMUNITY MUSIC CENTER OF BOSTON 34 WARREN AVE BOSTON MA 02116 042437973 501C3 25000 R13 SY21-22; 1ST YEAR CMCB W/ MULTIPLE SCHOOLS COMPANY ONE 539 TREMONT STREET BOSTON MA 02116 043444644 501C3 29000 R13 SY21-22; 1ST YEAR COMPANY ONE W/ MULTIPLE SCHOOLS ELIOT SCHOOL OF FINE & APPLIED ARTS 24 ELIOT ST JAMAICA PLAIN MA 02130 042173050 501C3 25000 R13 SY21-22; 1ST YEAR ELIOT FINE ARTS W/ MULTIPLE SCHOOLS ETM-MASSACHUSETTS INC 189 LONDON ST 1 BOSTON MA 02128 823001062 501C3 12000 R13 SY21-22; ETM - BPS ARTS DEPT, BRIGHTON HIGH, DUDLEY STREET CHARTER FENWAY HIGH SCHOOL FUND 67 ALLEGHANY STREET BOSTON MA 02120 046719813 501C3 9000 R13 SY21-22; FENWAY HIGH - COMPANY ONE, URBANITY, SOCIEDAD FRACTURED ATLAS PO BOX 55 HARTSDALE NY 10530 113451703 501C3 16000 R13 SY21-22; I LEARN AMERICA - BINCA, HORACE MANN HANDEL AND HAYDN SOCIETY 9 HARCOURT STREET BOSTON MA 02116 042126598 501C3 9000 R13 SY21-22; HANDEL AND HAYDN - HURLEY K-8, WINSHIP ELEMENTARY HUNTINGTON THEATRE COMPANY INC 264 HUNTINGTON AVE 4606 BOSTON MA 02115 222659560 501C3 12000 R13 SY21-22; HUNTINGTON - ACC, HENDERSON K-12, MCKINLEY SOUTH END, O'BRYANT IMPROBABLE PLAYERS INC 25 DORCHESTER AVE BOSTON MA 02205 222950758 501C3 8000 R13 SY21-22; IMPROBABLE PLAYERS - OSTIGUY RECOVERY HIGH SCHOOL LYRIC STAGE COMPANY OF BOSTON 140 CLARENDON ST BOSTON MA 02116 237346311 501C3 15000 R13 SY21-22; LYRIC STAGE - HALE, MCKINLEY ELEM., AND TYNAN ELEM. MASSACHUSETTS POETRY OUTREACH PROJECT INC 15 CHANNEL CENTER STREET BOSTON MA 02210 270584283 501C3 11000 R13 SY21-22; MASS POETRY - EMK, NEW MISSION HIGH, AND UMANA ACADEMY NORTH END MUSIC & PERFORMING ARTS CENTER 50 TILESTON STREET BOSTON MA 02113 043545228 501C3 5000 R13 SY21-22; 1ST YEAR NEMPAC W/ELIOT K8 OPEN DOOR ARTS 89 SOUTH ST 101 BOSTON MA 02111 042699540 501C3 24000 R13 SY21-22; 1ST YEAR OPEN DOOR ARTS W/ MULTIPLE SCHOOLS REHEARSAL FOR LIFE INC 670 CENTRE ST SUITE 8 JAMAICA PLAIN MA 02130 042786576 501C3 5000 R13 SY21-22; REHEARSAL FOR LIFE - BTU K-8, MISSION HILL K-8 TRANSFORMATIVE CULTURE PROJECT 100R WARREN ST ROXBURY MA 02119 800214659 501C3 6000 R13 SY21-22; TRANSFORMATIVE CULTURE PROJECT - COMMUNITY ACADEMY VERONICA ROBLES CULTURAL CENTER 282 MERIDIAN STREET BOSTON MA 02128 813595731 501C3 6000 R13 SY21-22; 1ST YEAR HUMANO PROJECT W/ OGK8 WARREN-PRESCOTT FOUNDATION INC 50 SCHOOL STREET CHARLESTOWN MA 02129 201745447 501C3 7500 R13 SY21-22; 1ST YEAR W/BOSTON CONSERVATORY YOUNG AUDIENCES OF MASSACHUSETTS INC 89 SOUTH STREET 603 BOSTON MA 02111 046065276 501C3 22000 R13 SY21-22; YOUNG AUDIENCES - BLA, FREDERICK PILOT, NEW MISSION HIGH, AND RUSSELL ELEM. ZUMIX 260 SUMNER ST EAST BOSTON MA 02128 043132674 501C3 12000 R13 SY21-22; ZUMIX - EAST BOSTON HIGH BOSTON ARTS ACADEMY FOUNDATION 2 CHARLESGATE WEST 5TH FLOOR BOSTON MA 02215 043454898 501C3 9000 CAREER PATHWAYS: PLANNING CP GRANT - BOSTON ARTS ACADEMY BOSTON DAY AND EVENING ACADEMY 20 KEARSARGE AVE BOSTON MA 02119 311708923 501C3 7500 CAREER PATHWAYS: PLANNING CP GRANT - BOSTON DAY AND EVENING ACADEMY BOSTON EDUCATIONAL DEVELOPMENT FUND 7 PALMER STREET BOSTON MA 02119 222514422 501C3 8000 CAREER PATHWAYS: FOCAL CP GRANT - COMMUNITY ACADEMY OF SCIENCE AND HEALTH BOSTON EDUCATIONAL DEVELOPMENT FUND 7 PALMER STREET BOSTON MA 02119 222514422 501C3 9000 CAREER PATHWAYS: IDEAL CP GRANT - CHARLESTOWN HS BOSTON EDUCATIONAL DEVELOPMENT FUND 7 PALMER STREET BOSTON MA 02119 222514422 501C3 15000 CAREER PATHWAYS: FOCAL + PLANNING CP GRANT - BRIGHTON HS BOSTON PLAN FOR EXCELLENCE 67 KEMBLE ST SUITE 25 ROXBURY MA 02119 813213571 501C3 15000 CAREER PATHWAYS: FOCAL + PLANNING CP GRANT - DEARBORN STEM ACADEMY BRIGHTER BOSTON 115 ELIOT STREET CHESTNUT HILL MA 02467 464849043 501C3 6000 CAREER PATHWAYS: IDEAL CP GRANT - BRIGHTER BOSTON CENTER FOR COLLABORATIVE EDUCATION 33 HARRISON AVENUE BOSTON MA 02111 043241676 501C3 9000 CAREER PATHWAYS: PLANNING CP GRANT - NEW MISSION HS DIGITAL READY INC 12 CHANNEL STREET BOSTON MA 02210 851489119 501C3 9000 CAREER PATHWAYS: IDEAL CP GRANT - DIGITAL READY DIGITAL READY INC 12 CHANNEL STREET BOSTON MA 02210 851489119 501C3 10000 CAREER PATHWAYS: IDEAL CP GRANT - EXCEL HS MADISON PARK CAREER TECH FOUNDATION 38 ALDWORTH STREET BOSTON MA 02130 852538003 501C3 9000 CAREER PATHWAYS: IDEAL CP GRANT - MADISON PARK HS BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 11800 SY21-22 ZIOM GRANT- BATA BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 12000 SY21-22 ZIOM GRANT- ENGLISH HS BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 12000 SY21-22 ZIOM GRANT- MADISON HS BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 9310 SY21-22 ZIOM GRANT- MATHER BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 6000 SY21-22 ZIOM GRANT- MENDELL ELEM. BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 9500 SY21-22 ZIOM GRANT- TECH BOSTON ACADEMY CENTER FOR COLLABORATIVE EDUCATION 33 HARRISON AVENUE BOSTON MA 02111 043241676 501C3 12000 SY21-22 ZIOM GRANT- NEW MISSION HS FENWAY HIGH SCHOOL FUND 67 ALLEGHANY STREET BOSTON MA 02120 046719813 501C3 12000 SY21-22 ZIOM GRANT- FENWAY HS MARGARITA MUNIZ ACADEMY FOUNDATION 20 CHILD STREET JAMAICA PLAIN MA 02130 800827704 501C3 12000 SY21-22 ZIOM GRANT- MUNIZ ACADEMY 1647 1452 DORCHESTER AVE 4TH FLOOR DORCHESTER MA 02122 812246887 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT 826 BOSTON 3035 WASHINGTON STREET ROXBURY MA 02119 208065915 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ LITERATIONS, BOSTON PARTNERS IN EDUCATION BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ MENDELL ELEMENTARY BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ BOSTON LATIN ACADEMY BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ MADISON PARK BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ MOZART ELEMENTARY BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ BOSTON ADULT TECHNICAL ACADEMY FRIENDS OF BALDWIN LEARNING CENTER 121 COREY ROAD BRIGHTON MA 02135 203050447 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT FRIENDS OF THE RAFAEL HERNANDEZ 61 SCHOOL STREET ROXBURY MA 02119 043532825 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT FRIENDS OF ST STEPHEN'S YOUTH PROGRAMS 419 SHAWMUT AVENUE BOSTON MA 02118 261749602 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT KIPP MA 90 HIGH ROCK STREET LYNN MA 01902 743153091 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ KIPP BOSTON MATCH FOUNDATION 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 043476160 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ MATCH HS THE PREPARATORY FOUNDATION 885 RIVER STREET BOSTON MA 02136 113690799 501C3 10000 SY21-22 RACIAL EQUITY SEED FUND GRANT W/ YOUNG MAN WITH A PLAN EDWARD M KENNEDY ACADEMY FOUNDATION 360 HUNTINGTON AVE BOSTON MA 02115 141921428 501C3 10000 SOM FINALIST 2020: EDWARD M. KENNEDY ACADEMY FOR HEALTH CAREERS BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 222514422 501C3 10000 SOM FINALIST 2020: SUMNER ELEMENTARY SCHOOL BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 7 PALMER STREET BOSTON MA 02119 272438940 501C3 100000 SOM WINNER 2020: WINSHIP ELEMENTARY SCHOOL 44 1 FORM 990, PART IX, LINE 1: EDVESTORS MONITORS THE USE OF GRANTS IN DIFFERENT WAYS FOR EACH PROGRAM AREA. FOR SEED FUND LEARNING GRANTS, RECIPIENTS SUBMIT A PROJECT-END REPORT IN MAY. FOR ONE-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN NOVEMBER AND A FINAL REPORT DUE IN JUNE. FOR TWO-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN JUNE AND A FINAL REPORT DUE THE FOLLOWING JUNE. FOR ANY ARTS GRANT, MONITORING MAY ALSO INCLUDE SITE VISITS BY DONORS AND EDVESTORS STAFF MEMBER. ONE-YEAR ZEROING-IN-ON-MATH AND CAREER TECHNOLOGY & EDUCATION GRANT RECIPIENTS RECEIVE ONGOING SUPPORT AND SUBMIT A YEAR-END REPORT IN JUNE. X X X 0 0 0 0 0 0 0 0 0 ANURADHA DESAI SENIOR VP, EXTERNAL AFFAIRS 174463 0 0 0 0 0 3839 0 12927 0 191229 0 0 0 MARINELL ROUSMANIERE PRESIDENT & CEO 163675 0 0 0 0 0 3014 0 18504 0 185193 0 0 0 PART I, LINE 3 THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2 3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: EDVESTORS' MISSION IS TO INCREASE THE NUMBER OF PUBLIC SCHOOLS IN BOSTON DELIVERING DRAMATICALLY IMPROVED EDUCATIONAL OUTCOMES FOR ALL STUDENTS. EDVESTORS TAKES A MULTI-PRONGED APPROACH AIMED AT CLOSING OPPORTUNITY AND ACHIEVEMENT GAPS AND DRIVING POSITIVE CHANGE FOR BOSTON STUDENTS. SINCE 2002, EDVESTORS HAS RAISED AND DIRECTED $35 MILLION IN FUNDS TOWARD SCHOOL IMPROVEMENT. EDVESTORS USES STRATEGIC PHILANTHROPY AND COMBINES IT WITH EDUCATIONAL EXPERTISE AND IMPLEMENTATION SUPPORTS TO HELP SCHOOLS IMPROVE. EDVESTORS IS A VALUED RESOURCE FOR DONORS SUPPORTIVE OF SCHOOL IMPROVEMENT AND A TRUSTED VOICE FOR EDUCATORS COMMITTED TO SYSTEMIC CHANGE. EDVESTORS WORKS IN THREE WAYS: - SEEDS PROMISING IDEAS. THE RACIAL EQUITY SEED FUND TESTS, IMPLEMENTS, AND SCALES SOLUTIONS DEVELOPED BY THOSE CLOSEST TO THE WORK TO ADVANCE RACIAL EQUITY IN BOSTON SCHOOLS. - SHINES A SPOTLIGHT ON IMPROVING SCHOOLS THROUGH THE ANNUAL $100,000 SCHOOL ON THE MOVE (SOM) PRIZE, WHICH REWARDS SCHOOLS THAT HAVE MADE MAJOR STRIDES IN IMPROVING ACADEMIC PERFORMANCE AND DOCUMENTS THEIR EFFECTIVE PRACTICES. - SCALES EFFORTS TO CLOSE OPPORTUNITY AND ACHIEVEMENT GAPS THROUGH OUR THREE CURRENT STRATEGIC INITIATIVES IN ARTS EDUCATION, MIDDLE GRADES MATH, AND CAREER PATHWAYS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE WILL HAVE THE OPPORTUNITY TO REVIEW THE FORM 990. THE FORM 990 WILL THEN BE SHARED WITH ALL MEMBERS OF THE GOVERNING BOARD PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C GOVERNING BOARD OFFICERS AND MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. A CONFLICT OF INTEREST FORM WILL BE UPDATED BY EACH BOARD MEMBER AND SUBMITTED TO EDVESTORS MANAGEMENT, IN ADVANCE OF THE ANNUAL MEETING EACH SEPTEMBER AND THROUGHOUT THE YEAR AS NEW MEMBERS JOIN THE GOVERNING BOARD. MEMBERS ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY POTENTIAL CONFLICTS AND NEED TO RECUSE THEMSELVES FROM VOTING ON ANY ACTION ITEMS FOR WHICH THEY HAVE A POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2-3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 EDVESTORS MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. IN ADDITION, ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE MASSACHUSETTS DIVISION OF CHARITIES AND ARE AVAILABLE FOR PUBLIC VIEWING. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 467,905. MANAGEMENT AND GENERAL EXPENSES 16,026. FUNDRAISING EXPENSES 21,114. TOTAL EXPENSES 505,045. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NO CHANGES HAVE BEEN MADE TO THIS PROCESS FROM THE PRIOR YEARS. FORM 990, PART 1, LINE 19: BALANCE OF ORGANIZATION EXPENSES ARE COVERED BY MULTI-YEAR PLEDGES RECEIVED IN PRIOR FISCAL YEARS.