2022-04-11T11:18:35-05:00 2021-06-30 941254756 HOOD & STRONG LLP 275 BATTERY STREET STE 900 SAN FRANCISCO CA 94111 990 2020-07-01 943362724 KIPP FOUNDATION KIPP 4153991556 135 MAIN STREET NO 1875 SAN FRANCISCO CA 94105 GARFIELD BYRD CFO 4158747383 2022-02-24 1 GARFIELD BYRD 999009999 MAGA E KISRIEV P01008919 4157810793 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X RICHARD BARTH 135 MAIN STREET NO 1875 SAN FRANCISCO CA 94105 96663511 0 X WWW.KIPP.ORG X 2000 CA TO CREATE PUBLIC SCHOOLS THAT EQUIP EDUCATIONALLY UNDERSERVED STUDENTS WITH SKILLS TO SUCCEED. 16 14 246 14 0 0 90984402 81513835 7135096 6709169 548401 307152 3960 1861 98671859 88532017 21095431 35646824 0 0 31086828 30459866 0 0 3088229 19545325 13438089 71727584 79544779 26944275 8987238 92182732 101389797 16929474 17547813 75253258 83841984 X TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE - COLLEGE, CAREER, AND BEYOND - SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD. 0 0 31737851 22999073 5424188 NETWORK GROWTH & SUSTAINABILITY:THE KIPP FOUNDATION PROVIDES ON-GOING ASSISTANCE TO KIPP SCHOOLS & REGIONS IN THE AREAS OF SUSTAINABLE GROWTH, NEW SITE DEVELOPMENT, AND SCHOOL FINANCE & OPERATIONS; AS WELL AS DIRECT FINANCIAL, LEGAL, AND TECHNOLOGY SUPPORT. 13411734 6060507 444883 ACADEMICS & CULTURE: TO ENSURE ALL KIPPSTERS EXPERIENCE A JOYFUL, ACADEMICALLY EXCELLENT, ANTI-RACIST EDUCATION, THE KIPP FOUNDATION PARTNERS WITH KIPP SCHOOLS AND REGIONS TO BUILD SYSTEMS THAT PROMOTE ACADEMIC EQUITY, ESTABLISH A HEALTHY AND EQUITABLE SCHOOL CULTURE, AND ENSURE TEACHERS ARE EFFECTIVELY SUPPORTED IN EXPANDING THEIR CONTENT KNOWLEDGE AND CULTURALLY RESPONSIVE PEDAGOGY. THE KIPP FOUNDATION ALSO PROVIDES KIPP SCHOOLS AND REGIONS WITH CURRICULUM, ASSESSMENT, AND OTHER INSTRUCTIONAL RESOURCES; AS WELL AS TRAINING AND IMPLEMENTATION SUPPORT TO MAXIMIZE INSTRUCTIONAL EFFECTIVENESS AND STUDENT OUTCOMES. 6980648 3650598 0 KIPP FORWARD: THE KIPP FOUNDATION SUPPORTS KIPP SCHOOLS AND REGIONS IN STRENGTHENING THEIR COLLEGE COUNSELING AND ALUMNI ADVISING TO ENSURE THAT KIPP ALUMNI ARE PREPARED FOR THE EDUCATIONAL AND CAREER PATH THAT FITS THEIR GOALS AND SENSE OF PURPOSE. THE KIPP FOUNDATION HAS CREATED A SET OF NATIONAL INITIATIVES AND PROGRAMS DESIGNED TO SUPPORT AND PROVIDE RESOURCES TO LOCAL KIPP FORWARD (PREVIOUSLY KIPP THROUGH COLLEGE) PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS INCLUDE BUILDING COLLEGE PARTNERSHIPS, BUILDING SUPPORT FOR KIPP ALUMNI ON COLLEGE CAMPUSES, CAREER EXPOSURE AND EXPLORATION, AND PROFESSIONAL DEVELOPMENT FOR SCHOOL LEADERS THROUGH TRAINING, AND SHARED TOOLS AND RESOURCES. 18297938 2936645 840098 RESEARCH, DESIGN & INNOVATION: THROUGH RESEARCH, DESIGN AND INNOVATION, THE KIPP FOUNDATION FOCUSES ON SUPPORTING CONTINUOUS LEARNING AND IMPROVEMENT AMONG KIPP SCHOOLS & REGIONS BY:- CREATING ONGOING VISIBILITY INTO KIPP'S NETWORK-WIDE PERFORMANCE; - GENERATING ACTIONABLE INSIGHTS;- ENSURING HIGH QUALITY DATA AND RESEARCH SUPPORT NETWORK LEADERS IN MAKING DATA-DRIVEN DECISIONS; AND- PROMOTING INNOVATION AND FACILITATING THE EXCHANGE OF IDEAS THROUGH SHARED RESOURCES, RETREATS AND PROFESSIONAL DEVELOPMENT EVENTS SUCH AS THE KIPP SCHOOL SUMMIT.POLICY & PUBLIC AFFAIRS: THE FOUNDATION HAS ADOPTED A POLICY AND PUBLIC AFFAIRS STRATEGY TO DO THE FOLLOWING:- PROACTIVELY SHIFT THE NARRATIVE ABOUT KIPP AND CHARTERS TO PROTECT AND GROW THE KIPP BRAND, ENGAGE MORE STAKEHOLDERS AND PAVE THE WAY FOR GROWTH; - BUILD AUTHENTIC RELATIONSHIPS ROOTED IN A SHARED AGENDA TO ADVOCATE NATIONALLY AND LOCALLY ON KEY POLICY PRIORITIES THAT SUPPORT STUDENTS AND ALUMNI ON THE PATH TO LEADING CHOICE-FILLED LIVES; - CONNECT ADULT ALUMNI TO EACH OTHER AND TO KIPP;- BUILD THE CAPACITY OF KIPP SCHOOLS & REGIONS TO LEVERAGE KIPP'S NATIONAL SCALE AND COMMUNICATE AND ADVOCATE PROACTIVELY IN A COORDINATED MANNER.NETWORK TALENT & LEADERSHIP DEVELOPMENT: THE KIPP FOUNDATION PARTNERS WITH KIPP SCHOOLS AND REGIONS TO BUILD AND SUSTAIN HEALTHY TALENT ECOSYSTEMS; AND ENSURE STRONG, EQUITABLE AND INCLUSIVE TALENT PLANNING, RECRUITMENT, SELECTION AND DEVELOPMENT OF TEACHERS AND LEADERS. THE KIPP FOUNDATION TRAINS AND DEVELOPS ASPIRING, NEW, AND ESTABLISHED LEADERS TO BE ASSISTANT PRINCIPALS, FOUNDING PRINCIPALS, SUCCESSOR PRINCIPALS, AND REGIONAL LEADERS THROUGH VARIOUS COHORT-BASED PROGRAMS AND ALSO SUPPORTS REGIONS IN DEVELOPING AND LEADING LOCAL LEADERSHIP DEVELOPMENT PROGRAMS. 18297938 2936645 840098 70428171 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 466 0 1 246 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI ID IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X GARFIELD BYRD 4155134106 135 MAIN STREET SUITE 1700 SAN FRANCISCO CA 94105 KATHERINE BRADLEY CHAIR OF THE BOARD 1.00 X X 0 0 0 SHAVAR JEFFRIES VICE-CHAIR OF THE BOARD 1.00 X X 0 0 0 EMMA BLOOMBERG BOARD MEMBER 1.00 X 0 0 0 JOHN FISHER BOARD MEMBER 1.00 X 0 0 0 REED HASTINGS BOARD MEMBER 1.00 X 0 0 0 MARTHA KARSH BOARD MEMBER 1.00 X 0 0 0 MICHAEL LOMAX BOARD MEMBER 1.00 X 0 0 0 MARK NUNNELLY BOARD MEMBER 1.00 X 0 0 0 JOSE VILLARREAL BOARD MEMBER 1.00 X 0 0 0 CARRIE WALTON PENNER BOARD MEMBER 1.00 X 0 0 0 ABIGAIL WEXNER BOARD MEMBER 1.00 X 0 0 0 MARIA ANGUIANO BOARD MEMBER 1.00 X 0 0 0 CHARLES PHILLIPS BOARD MEMBER 1.00 X 0 0 0 JESSICA CUNNINGHAM AKOTO BOARD MEMBER 1.00 X 0 0 0 JERELYN RODRIGUEZ BOARD MEMBER (THRU 2/23/21) 1.00 X 0 0 0 DAVID LEVIN CO-FOUNDER 40.00 X 509796 0 46119 RICHARD BARTH CHIEF EXECUTIVE OFFICER 40.00 X X 493660 0 10800 GARFIELD BYRD CHIEF FIN OFFICER & BOARD TREASURER 40.00 X 264280 0 36268 WILLIAM N HIGHBAUGH GENERAL COUNSEL & BOARD SECRETARY 40.00 X 232592 0 45305 SHELLEY GOODE CHIEF DEVELOPMENT OFFICER 40.00 X 299002 0 24238 JONATHAN COWAN CHIEF RESEARCH, DESIGN & INNOVATION OFFICER 40.00 X 266404 0 47432 CAROLYN HACK EXECUTIVE COACH, SCALE & INTEGRATION 40.00 X 261522 0 47237 JOHN ALFORD CHIEF NETWORK GROWTH OFFICER 40.00 X 246682 0 45535 FEDERICO GONZALEZ CHIEF ACAD. & TALENT SYSTEMS OFFICER 40.00 X 260236 0 19087 2834174 0 322021 104 0 1 0 DELL MARKETING LP PO BOX 910916 PASADENA CA 91110 COMPUTER EQUIPMENT SERVICES 1481580 ROBERT HALF PO BOX 743295 LOS ANGELES CA 90074 TEMPORARY & PLACEMENT STAFFING 408251 TOGETHER EDUCATION 25 BROADWAY 3RD FLOOR NEW YORK NY 10004 CURRICULUM RESEARCH & DEVELOPMENT 379800 CS&M ASSOCIATES 500 CANAL STREET NEW ORLEANS LA 70130 CONFERENCE SERVICES 274384 WISEWIRE INC 8 MARKET PLACE SUITE 300 BALTIMORE MD 21202 CURRICULUM RESEARCH & DEVELOPMENT 259292 24 18463801 63050034 8080369 81513835 LICENSE FEES 900099 5369716 5369716 LEADERSHIP INCOME 900099 1339453 1339453 6709169 358277 358277 8080369 8131494 -51125 -51125 -51125 MISCELLANEOUS REVENUE 900099 1861 1861 1861 88532017 6709169 0 309013 35350324 35350324 296500 296500 4020341 2587230 747864 685247 20725492 16678085 2677916 1369491 775626 626710 100902 48014 3272742 2635777 437777 199188 1665665 1306710 229767 129188 145089 145089 139662 139662 55820 55820 6899894 6143268 345585 411041 134285 116075 2077 16133 2220157 1584543 588160 47454 661582 610803 37438 13341 1317251 1024579 203869 88803 50121 44215 5906 691 691 694708 542113 104407 48188 102596 80061 15419 7116 EMPLOYEE RECRUITING COS 789202 452235 317668 19299 TRAINING & EVENT PRODUC 187067 182703 3093 1271 BAD DEBT EXPENSE 13327 200 13127 DATA ACQUISITION 1750 950 800 24887 20001 431 4455 79544779 70428171 6028379 3088229 28458373 38257973 33114292 24700787 4005390 5851153 2100000 7300000 624270 541848 7236604 5492230 2114408 1744374 20756959 21780641 1009040 1213021 92182732 101389797 9205385 9748271 4000 37500 7720089 7762042 16929474 17547813 X 30995298 37249141 44257960 46592843 75253258 83841984 92182732 101389797 8987238 -398512 0 X 0 1 X 1 1 1 X 53311627 62815001 56666723 90984402 81513835 345291588 53311627 62815001 56666723 90984402 81513835 345291588 113020154 232271434 143073 322671 746682 547153 358277 2117856 8684 38674 62730 3960 1861 115909 347525353 33786114 0.66840 0.67740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2016 AMOUNT: $ 8,684. 2017 AMOUNT: $ 38,674. 2018 AMOUNT: $ 62,730. 2019 AMOUNT: $ 3,960. 2020 AMOUNT: $ 1,861. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1 18826 1 23339 1 22086 0 1 89792 0 0 154043 0 PART II-B, LINE 1: THE FOUNDATION HAS A SENIOR DIRECTOR, DIRECTOR, AND ASSOCIATE OF GOVERNMENT AFFAIRS AND POLICY WHO LOBBIES TO MODERNIZE THE CHARTER SCHOOLS PROGRAM ON THE NATIONAL LEVEL. EXPENSES IN LINES 1C, 1D, 1E, AND 1G INCLUDE A PORTION OF THE SALARY OF THESE INDIVIDUALS. 1403569 295380 1108189 654264 547386 106878 5178771 4649464 529307 1744374 GUARANTEES 100000 GOVERNMENT ADVANCE 7662042 7762042 X 88819994 -398512 742309 343797 88476197 55820 55820 88532017 80231268 742309 742309 79488959 55820 55820 79544779 PART X, LINE 2: THE FOUNDATION HAS RECEIVED DETERMINATION FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM THE STATE OF CALIFORNIA FRANCHISE TAX BOARD GRANTING EXEMPTION FROM TAXATION ON RELATED INCOME. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, IF ANY, GENERATED BY ITS INVESTMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THESE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. 1 ACHIEVEMENT FIRST CHARTER NETWORK 370 JAMES ST SUITE 404 NEW HAVEN CT 06513 651203744 501(C)(3) 17380 K-12 ACADEMICS-COMPUTER SCIENCE KIPP ALBANY PUBLIC SCHOOL 321 NORTHERN BLVD ALBANY NY 12210 201347748 501(C)(3) 1014633 SCHOOL START-UP, COVID-19 ASSISTANCE, MARKETING KIPP BALTIMORE 2000 EDGEWOOD ST BALTIMORE MD 21216 522342513 501(C)(3) 417498 COVID-19 ASSISTANCE, MARKETING, K-12 ACADEMICS-EARLY LITERACY KIPP CHARLOTTE 931 WILANN DRIVE CHARLOTTE NC 28215 205664061 501(C)(3) 246849 COVID-19 ASSISTANCE KIPP CHICAGO 2007 SOUTH HALSTED ST CHICAGO IL 60608 300075271 501(C)(3) 1167918 COVID-19 ASSISTANCE, SCHOOL START-UP, MARKETING KIPP COLORADO SCHOOLS 1390 LAWRENCE ST DENVER CO 80204 800037534 501(C)(3) 547199 COVID-19 ASSISTANCE, GPA ACADEMIC HEALTH, POSTSECONDARY MATCH, MARKETING, K-12 ACADEMICS-EARLY LEARNING KIPP COLUMBUS 2900 INSPIRE DRIVE COLUMBUS OH 43224 208627107 501(C)(3) 366709 COVID-19 ASSISTANCE, GPA ACADEMIC HEALTH, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING KIPP DC 2600 VIRGINA AVE NW STE 900 WASHINGTON DC 20037 742974642 501(C)(3) 1222912 COVID-19 ASSISTANCE, GPA ACADEMIC HEALTH, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING, SCHOOL START-UP KIPP DELTA PUBLIC SCHOOLS 514 MISSOURI HELENA AR 72342 311807400 501(C)(3) 318409 COVID-19 ASSISTANCE, MARKETING KIPP EASTERN NORTHERN CAROLINA 320 PLEASANT HILL ROAD GASTON NC 27832 742991314 501(C)(3) 512699 COVID-19 ASSISTANCE, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING, SCHOOL START-UP KIPP INDIANAPOLIS 1740 EAST 30TH STREET INDIANAPOLIS IN 46218 300145826 501(C)(3) 555550 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, COVID-19 ASSISTANCE, MARKETING, GPA ACADEMIC HEALTH, DATA INFRASTRUCTURE KIPP JACKSONVILLE 1440 MCDUFF AVENUE NORTH JACKSONVILLE FL 32254 264046741 501(C)(3) 1048698 SCHOOL START-UP, COVID-19 ASSISTANCE, MARKETING, SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT KIPP KANSAS CITY 2700 E 18TH ST KANSAS CITY MO 64127 208552002 501(C)(3) 669930 COVID-19 ASSISTANCE, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL START-UP KIPP MASSACHUSETTS 90 HIGH ROCK STREET LYNN MA 01902 743153091 501(C)(3) 417309 COVID-19 ASSISTANCE, MARKETING MATHEMATICA POLICY RESEARCH INC 1100 FIRST STREET NE 12TH FLOOR WASHINGTON DC 20002 222112296 186491 PRINCIPAL PIPELINE & DEVELOPMENT-EVALUATION STUDY KIPP MEMPHIS COLLEGIATE SCHOOLS 2670 UNION AVENUE EXTENDED 1100 MEMPHIS TN 38112 680502820 501(C)(3) 454869 COVID-19 ASSISTANCE, MARKETING, GPA ACADEMIC HEALTH, COLLEGE PERSISTENCE KIPP METRO ATLANTA 504 FAIR ST SW ATLANTA GA 30313 113723114 501(C)(3) 1855194 COVID-19 ASSISTANCE, SCHOOL START-UP, K-12 ACADEMICS-EARLY LITERACY, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT KIPP MIAMI INC - CO KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 814473475 501(C)(3) 987398 SCHOOL START-UP, COVID-19 ASSISTANCE, MARKETING KIPP MINNESOTA 5034 N OLIVER AVENUE MINNEAPOLIS MN 55430 208877750 501(C)(3) 559773 SCHOOL START-UP, MARKETING, COVID-19 ASSISTANCE KIPP NASHVILLE 123 DOUGLAS AVENUE NASHVILLE TN 37207 202799123 501(C)(3) 938498 SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE MATCH, GPA ACADEMIC HEALTH, K-12 ACADEMICS-COMPUTER SCIENCE, DATA INFRASTRUCTURE, K-12 ACADEMICS- EARLY LITERACY KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 010660264 501(C)(3) 3383236 SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, PRINCIPAL PIPELINE & DEVELOPMENT KIPP NEW ORLEANS 1307 ORETHA CASTLE HALEY BLVD STE 302 NEW ORLEANS LA 70113 202277213 501(C)(3) 2155340 SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE MATCH, GPA ACADEMIC HEALTH, K-12 ACADEMICS-COMPUTER SCIENCE, K-12 ACADEMICS- EARLY LITERACY, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT KIPP NORCAL PUBLIC SCHOOLS 1000 BROADWAY 460 OAKLAND CA 94607 205010766 501(C)(3) 1814019 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, COVID-19 ASSISTANCE, MARKETING, K-12 ACADEMICS-COMPUTER SCIENCE, K-12 ACADEMICS-EARLY LITERACY KIPP NYC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 203971209 501(C)(3) 2939197 SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, POSTSECONDARY MATCH, CAREER INTEGRATION, POSTSECONDARY COUNSELING COLLABORATIVE, MARKETING KIPP OKLAHOMA CITY 8400 N ROBINSON AVE OKLAHOMA CITY OK 73114 300005794 501(C)(3) 314206 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, COVID-19 ASSISTANCE, MARKETING KIPP PHILADELPHIA SCHOOLS 5070 PARKSIDE AVE STE 3500D MAILBOX 41 PHILADELPHIA PA 19131 050546103 501(C)(3) 903892 SCHOOL START-UP, ,PRINCIPAL PIPELINE & DEVELOPMENT, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, GPA ACADEMIC HEALTH, MARKETING, K-12 ACADEMICS-EARLY LITERACY, DATA INFRASTRUCTURE KIPP SOCAL PUBLIC SCHOOLS 3601 E FIRST STREET LOS ANGELES CA 90063 261607268 501(C)(3) 2136364 COVID-19 ASSISTANCE, SCHOOL START-UP, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT KIPP ST LOUIS 1310 PAPIN ST STE 203 ST LOUIS MO 63103 010916759 501(C)(3) 873488 COVID-19 ASSISTANCE, MARKETING, SCHOOL START-UP KIPP TEXAS PUBLIC SCHOOLS 10711 KIPP WAY HOUSTON TX 77099 133875888 501(C)(3) 6891941 SCHOOL START-UP, COVID-19 ASSISTANCE, REGIONAL INTEGRATION SUPPORT, POSTSECONDARY MATCH, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING KIPP TULSA COLLEGE PREPARATORY 1661 EAST VIRGIN STREET TULSA OK 74106 113740269 501(C)(3) 432725 SCHOOL START-UP, COVID-19 ASSISTANCE, GPA ACADEMIC HEALTH, MARKETING, K-12 ACADEMICS-COMPUTER SCIENCE 29 1 HARRIET BALL EXCELLENCE IN TEACHING AWARD 9 90000 DORIS FISHER KIPPSTER OF THE YEAR AWARD 1 2500 THE KIPP THROUGH COLLEGE EXCELLENCE IN LEADERSHIP AWARD 1 10000 THE FOUNDERS KIPP SIX AWARDS 18 189000 ALEXCIA GEST LEGACY AWARD 1 5000 PART I, LINE 2: THE FOUNDATION GIVES GRANTS TO KIPP REGIONS BASED ON NEED OR SPECIFICATION FROM THE GRANTOR. EACH GRANT HAS A SEPARATE SET OF CRITERIA AND IS REVIEWED BY FOUNDATION STAFF FOR COMPLIANCE AND MERIT. SCHEDULE I, PART I, LINE 2 U.S. DEPARTMENT OF EDUCATION (US ED) SCHOOL GRANTS ARE APPLIED FOR BY THE INDIVIDUAL SCHOOLS THROUGH SUBMISSION OF DETAILED BUDGET REQUESTS, WHICH ARE ULTIMATELY APPROVED FOR FUNDING BY THE U.S. DEPARTMENT OF EDUCATION. UPON AWARD, GRANT LETTERS ARE PROVIDED TO EACH OF THE SCHOOLS STATING SPECIFIC TERMS FOR COSTS ACCEPTED FOR FUNDING AND BUDGET COMPLIANCE. IN ADDITION, A CONFERENCE CALL IS HELD DIRECTLY WITH THE KIPP FEDERAL GRANTS MANAGEMENT TEAM AND A REPRESENTATIVE FROM EACH OF THE KIPP SCHOOLS AWARDED FUNDING TO REVIEW THE AWARD GUIDELINES. COMPLIANCE THROUGHOUT THE YEAR IS MONITORED BY THE KIPP FOUNDATION FINANCE TEAM THROUGH THE REVIEW OF THE QUARTERLY DRAWDOWN REQUESTS AND SITE VISITS AS APPLICABLE. EACH RECIPIENT SCHOOL IS REQUIRED TO SUBMIT APPROPRIATE DOCUMENTATION FOR ALL EXPENSES FOR WHICH THEY ARE REQUESTING TO DRAWDOWN FUNDS. KIPP FOUNDATION REVIEWS EACH REQUEST FOR ACCURACY AND ALLOWABILITY, IN ACCORDANCE WITH THE ORIGINAL BUDGET REQUEST. RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AS APPLICABLE AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. FINALLY, KIPP FOUNDATION PROVIDES AN ANNUAL REPORT TO THE U.S. DEPARTMENT OF EDUCATION REGARDING FUNDS RECEIVED DURING THE PREVIOUS FISCAL YEAR TO ENSURE COMPLIANCE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DAVID LEVIN CO-FOUNDER 507938 0 0 0 1858 0 9342 0 36777 0 555915 0 0 0 RICHARD BARTH CHIEF EXECUTIVE OFFICER 491727 0 0 0 1933 0 10800 0 0 0 504460 0 0 0 SHELLEY GOODE CHIEF DEVELOPMENT OFFICER 295625 0 0 0 3377 0 9861 0 14377 0 323240 0 0 0 JONATHAN COWAN CHIEF RESEARCH, DESIGN & INNOVATION 264882 0 0 0 1522 0 10655 0 36777 0 313836 0 0 0 CAROLYN HACK EXECUTIVE COACH, SCALE & INTEGRATION 245000 0 15000 0 1522 0 10460 0 36777 0 308759 0 0 0 GARFIELD BYRD CHIEF FIN OFFICER & BOARD TREASURER 260616 0 0 0 3664 0 10570 0 25698 0 300548 0 0 0 JOHN ALFORD CHIEF NETWORK GROWTH OFFICER 245010 0 0 0 1672 0 8758 0 36777 0 292217 0 0 0 FEDERICO GONZALEZ CHIEF ACAD. & TALENT SYSTEMS OFFICER 238941 0 20000 0 1295 0 8008 0 11079 0 279323 0 0 0 WILLIAM N HIGHBAUGH GENERAL COUNSEL & BOARD SECRETARY 230734 0 0 0 1858 0 8528 0 36777 0 277897 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A $200 TOTAL ANNUAL HEALTH AND WELLNESS INCENTIVE TO ALL ACTIVE/REGULAR STATUS EMPLOYEES WORKING 20 HOURS OR MORE PER WEEK. X 7 8080369 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 8B THE AUDIT COMMITTEE AND FINANCE COMMITTEE DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE FINANCE TEAM PREPARED THE 2020 990 ORGANIZER TABS, WHICH WERE EITHER REVIEWED BY THE CONTROLLER OR SENIOR DIRECTOR OF GRANTS MANAGEMENT. THE ORGANIZER WAS FORWARDED TO HOOD AND STRONG, LLP FOR PREPARATION OF THE FORM 990. UPON PREPARATION OF THE 990 DRAFT, THE ACCOUNTING MANAGER, THE CONTROLLER, THE SENIOR DIRECTOR OF GRANTS MANAGEMENT, DIRECTOR OF FINANCIAL PLANNING & ANALYSIS, THE CHIEF FINANCIAL OFFICER, AND GENERAL COUNSEL REVIEWED THE FIRST DRAFT. THE DRAFT WAS PRESENTED TO THE AUDIT COMMITTEE MEMBERS DURING VIRTUAL SESSION BY PAID PREPARERS. THE AUDIT COMMITTEE MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND DIRECT THEIR QUESTIONS TO THE CFO AND/OR GENERAL COUNSEL. UPON SATISFACTION OF ANY QUESTIONS, THE FORM 990 WAS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AS DEFINED IN THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ON AN ONGOING BASIS IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY AND KIPP FOUNDATION CODE OF ETHICS, WHICH REQUIRE DISCLOSURE WHEREVER A POTENTIAL CONFLICT ARISES. IF THE BOARD DETERMINES THERE IS A CONFLICT OF INTEREST, THE CHAIRMAN OF THE BOARD SHALL, IF APPROPRIATE, REQUEST AN INVESTIGATION OF ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD WILL THEN VOTE ON WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON MAY NOT VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS A CONFLICT OF INTEREST NOR WHETHER IT SHOULD BE APPROVED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR APPROVAL INVOLVES AN INDEPENDENT THIRD PARTY ORGANIZATION PROVIDING INFORMATION WHICH: * PROVIDES MARKET COMPARABILITY DATA TO ASSIST THE BOARD IN MAKING DECISIONS REGARDING ANY POTENTIAL CHANGES TO THE CURRENT COMPENSATION PROGRAM, * EVALUATES THE COMPETITIVENESS OF THE CURRENT COMPENSATION ARRANGEMENTS AND ADVISE THE BOARD ON THE RANGE OF COMPETITIVE PRACTICES FOR FUNCTIONALLY COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS PROVIDING SIMILAR SERVICES, * PROVIDES OPINION ON THE REASONABLENESS OF THE PROPOSED COMPENSATION ARRANGEMENTS, TAKING ALL RELEVANT FACTORS INTO CONSIDERATION, TO ASSIST THE BOARD WITH ITS GOVERNANCE RESPONSIBILITIES UNDER INTERNAL REVENUE CODE SECTION 4958 AND APPLICABLE REGULATIONS, COMMONLY REFERRED TO AS THE "INTERMEDIATE SANCTIONS" LEGISLATION, AND * FINALLY, SAID COMPENSATION IS APPROVED BY THE KIPP FOUNDATION'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN IRC 6104(D). DOCUMENTS MAY BE VIEWED AT WWW.KIPP.ORG AND UPON REQUEST.