2022-11-07T19:38:35-06:00 2021-12-31 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2021-01-01 853624930 ADVANCED EDUCATION RESEARCH & DEVELOPMENT FUND ADVA 4156156860 1616 FRANKLIN ST 2ND FLOOR OAKLAND CA 94612 STACEY CHILDRESS CEO/BOARD PRESIDENT 4156156860 2022-10-19 1 STACEY CHILDRESS 999009999 KATY BROWN P00650274 9257902600 2022-10-19 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z STACEY CHILDRESS 1616 FRANKLIN ST 2ND FLOOR OAKLAND CA 94612 32842563 0 X HTTPS://WWW.AERDF.ORG/ X 2020 CA CONDUCT RESEARCH AND DEVELOPMENT THAT WILL YIELD DRAMATIC IMPROVEMENTS IN PUBLIC EDUCATION. 6 5 28 5 0 0 0 32770000 0 0 0 72563 0 0 0 32842563 0 309416 0 0 0 3758434 0 0 250646 0 11098721 0 15166571 0 17675992 0 37818730 0 1738003 0 36080727 X AERDF WILL CONDUCT INCLUSIVE RESEARCH AND DEVELOPMENT PROGRAMS SO THAT DIVERSE TEAMS OF EDUCATORS, RESEARCHERS AND DEVELOPERS CAN TACKLE INTRACTABLE TEACHING AND LEARNING CHALLENGES THAT DISPROPORTIONATELY AFFECT BLACK AND LATINO STUDENTS, AND STUDENTS OF ALL RACES EXPERIENCING POVERTY. 0 0 10967238 309416 INCLUSIVE RESEARCH AND DEVELOPMENT:AERDF RAISES PHILANTHROPIC DOLLARS FROM THE GENERAL PUBLIC AND THEN MOBILIZES THAT CAPITAL TO SUPPORT INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS THAT ADDRESS PERNICIOUS TEACHING AND LEARNING CHALLENGES THAT DISPROPORTIONATELY IMPACT BLACK, LATINO AND LOW-INCOME STUDENTS. AERDF HAS ASSEMBLED TEAMS OF LEADING EXPERTS IN THE AREA OF EDUCATION RESEARCH AND INNOVATION. THESE TEAMS HAVE IDENTIFIED AND FUNDED EDUCATIONAL RESEARCH AND DEVELOPMENT PROJECTS THAT HAVE THE POTENTIAL TO CREATE BREAKTHROUGH LEARNING OUTCOMES FOR STUDENTS AT ALL LEVELS. CURRENT PROJECTS INCLUDE EF+MATH, ASSESSMENT FOR GOOD AND READING REIMAGINED. 10967238 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 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 1 0 0 0 1 82 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X STACEY CHILDRESS 4156156860 1616 FRANKLIN ST 2ND FLOOR OAKLAND CA 94612 BROR SAXBERG SECRETARY 1.00 X X 0 0 0 SARA ALLEN BOARD MEMBER 1.00 X 0 0 0 LISETTE NIEVES BOARD MEMBER 1.00 X 0 0 0 CALEB OFFLEY BOARD MEMBER 1.00 X 0 0 0 JIM SHELTON BOARD MEMBER 1.00 X 0 0 0 STACEY CHILDRESS CEO/BOARD PRESIDENT 40.00 20.00 X X 399999 150007 31560 DARYL PEAGLER CIO/BOARD TREASURER 40.00 X X 213750 0 20396 MELINA UNCAPHER CHIEF OF RESEARCH & DEVELOPMENT 40.00 X 285000 0 25061 TEMPLE LOVELACE PROGRAM DIRECTOR 40.00 X 249053 0 27770 MARVIN SMITH CHIEF PUBLIC AFFAIRS OFFICER 40.00 X 219701 0 15027 AUBREY FRANCISCO PROGRAM DIRECTOR 40.00 X 208900 0 24734 CHRISTOPHER LIANG-VERGARA CHIEF LEARNING OFFICER 40.00 X 169424 0 11289 ENID MARIE ROSARIO-RAMOS DEPUTY PROGRAM DIRECTOR 40.00 X 125000 0 16356 REBECCA KOCKLER EASTERLING PROGRAM DIRECTOR 40.00 X 115530 0 14174 KARIN LANGE EDUCATOR CO-DESIGN MANAGER 40.00 X 113700 0 19245 ANA VAZQUEZ SENIOR MANAGER, INVESTMENT OPS 40.00 X 107500 0 26897 ADAM EDWARD SMITH DESIGNING FOR EQUITY MANAGER 40.00 X 102500 0 17502 2310057 150007 250011 12 0 1 0 MIND RESEARCH INSTITUTE 5281 CALIFORNIA AVENUE IRVINE CA 92617 RESEARCH PARTNERSHIP 1223509 NEWSCHOOLS VENTURE FUND 1616 FRANKLIN ST OAKLAND CA 94612 SHARED SERVICES 1177819 ENLEARN 4616 25TH AVE NE PMB 548 SEATTLE WA 98105 RESEARCH PARTNERSHIP 1087403 SAGA INNOVATIONS INC DBA WOOT MATH 10 LAUDHOLM RD NEWTON MA 02458 RESEARCH PARTNERSHIP 753222 THE 21ST CENTURY PARTNERSHIP FOR STEM ED 375 EAST ELM STREET SUITE 215 CONSHOHOCKEN PA 19428 RESEARCH PARTNERSHIP 692877 18 32770000 32770000 72563 72563 32842563 0 0 72563 X 309416 309416 1895971 1150815 521325 223831 1190952 592861 598091 69274 37985 31289 405907 246261 144623 15023 196330 124424 61752 10154 82003 82003 1050 1050 10285756 8419264 1866492 432853 432853 58438 30032 28067 339 174382 25350 148526 506 19774 11122 7859 793 23867 14032 9835 342 342 14384 14384 EVENTS 5872 5676 196 15166571 10967238 3948687 250646 0 531734 0 25940 0 34974247 0 2286809 0 37818730 0 1356073 0 381930 0 1738003 X 0 22967321 0 13113406 0 36080727 0 37818730 X 17675992 -59319 18464054 X X 0 1 X 1 0 X 32770000 32770000 32770000 32770000 22799447 9970553 72563 72563 32842563 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PUBLICLY TRADED SECURITIES 2286809 F 2286809 INTER ENTITY PAYABLE 381930 381930 X PART X, LINE 2: THE CONSOLIDATED ENTITY HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAX CODES AND ACCORDINGLY, IS EXEMPT FROM INCOME TAXES ON RELATED BUSINESS INCOME. CONTRIBUTIONS TO THE CONSOLIDATED ENTITY ARE DEDUCTIBLE FOR INCOME TAX PURPOSES UNDER IRC SECTION 170(B)(1)(A). THE CONSOLIDATED ENTITY'S CURRENT ACCOUNTING POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. MANAGEMENT EVALUATED THE CONSOLIDATED ENTITY'S TAX POSITIONS AND CONCLUDED THAT THE CONSOLIDATED ENTITY HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE CONSOLIDATED ENTITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2017. 1 MIDDLETOWN CITY SCHOOL DISTRICT ONE DONHAM PLAZA 4TH FLOOR MIDDLETOWN OH 45042 316000879 MIDDLETOWN CITY SCHO 88548 0 RESEARCH SUPPORT NEWARK BOARD OF EDUCATION 765 BOARD STREET NEWARK NJ 07102 226002140 NEWARK PUBLIC SCHOOL 103920 0 RESEARCH SUPPORT VISTA UNIFIED SCHOOL DISTRICT 1234 ARCADIA AVE VISTA CA 92084 956003432 VISTA UNIFIED SCHOOL 116948 0 RESEARCH SUPPORT 3 0 PART I, LINE 2: MONTHLY INTERIM REPORTING VIA PHONE CALLS AND ZOOM MEETINGS ARE CONDUCTED THROUGHOUT THE GRANT PERIOD. X X X X 0 0 0 0 0 0 0 0 0 STACEY CHILDRESS CEO/BOARD PRESIDENT 399999 150007 0 0 0 0 14612 5688 11255 5 425866 155700 0 0 MELINA UNCAPHER CHIEF OF RESEARCH & DEVELOPMENT 285000 0 0 0 0 0 13775 0 11286 0 310061 0 0 0 TEMPLE LOVELACE PROGRAM DIRECTOR 249053 0 0 0 0 0 17434 0 10336 0 276823 0 0 0 MARVIN SMITH CHIEF PUBLIC AFFAIRS OFFICER 219701 0 0 0 0 0 14925 0 102 0 234728 0 0 0 DARYL PEAGLER CIO/BOARD TREASURER 213750 0 0 0 0 0 6413 0 13983 0 234146 0 0 0 AUBREY FRANCISCO PROGRAM DIRECTOR 208900 0 0 0 0 0 14623 0 10111 0 233634 0 0 0 CHRISTOPHER LIANG-VERGARA CHIEF LEARNING OFFICER 169424 0 0 0 0 0 11173 0 116 0 180713 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ENTERED INTO A SERVICE AGREEMENT WITH NEW SCHOOLS FUND TO PROVIDE ALL FINANCE AND ACCOUNTING TRANSACTIONAL AND OVERSIGHT SERVICES, THEREFORE THE FORM 990 IS INITIALLY PREPARED BY THE CFO OF NEWSCHOOLS FUND. THE CFO WILL THEN FORWARD THE FORM 990 TO THE CEO FOR REVIEW. THE FORM 990 IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS. THE CEO ENCOURAGES THE BOARD OF DIRECTORS TO REVIEW THE FORM 990 AND TO FORWARD ANY QUESTIONS. ANY QUESTIONS WILL BE ADDRESSED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THAT ITS OFFICERS, EMPLOYEES, AND AGENTS REPORT ANY POTENTIAL CONFLICTS OF INTEREST TO THE CEO, WHO REVIEWS ANY SUCH REPORT WITH THE FULL BOARD OF DIRECTORS, WHICH MAKES A DETERMINATION AS TO WHETHER SUCH CONFLICT EXISTS. THE BOARD OF DIRECTORS DOCUMENTS ANY SUCH DETERMINATION IN THE MINUTES OF THE APPROPRIATE MEETINGS OF THE BOARD OF DIRECTORS AND ANY DIRECTIVE PERTAINING THERETO. CONFLICTS THAT RELATE TO AN INVESTMENT DECISION REQUIRING BOARD APPROVAL RESULT IN THE RECUSAL OF THAT INDIVIDUAL FROM THE RECOMMENDATION AND APPROVAL PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION OBTAINED COMPENSATION STUDIES FROM SEVERAL INDEPENDENT SOURCES TO COMPILE INFORMATION USED AS A METRIC FOR SALARY INCREASES ACROSS THE ORGANIZATION, INCLUDING THE CEO AND OTHER EXECUTIVE MANAGEMENT. THE BOARD OF DIRECTORS CONDUCTS THE REVIEW OF THE CEO AND DEVELOPS A RECOMMENDATION FOR APPROVAL. THE FORMAL PERFORMANCE EVALUATION AND COMPENSATION DECISION IS DONE IN EXECUTIVE SESSION. THE CEO CONDUCTS PERFORMANCE REVIEWS AND SETS COMPENSATION FOR THE SENIOR EXECUTIVES REPORTING TO HER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROJECT CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 492,173. MANAGEMENT AND GENERAL EXPENSES 688,673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,180,846. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 7,927,091. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,927,091. OVERHEAD SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,177,819. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,177,819. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER 18,464,054. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NEW SCHOOLS FUND 1616 FRANKLIN STREET 2ND FLOOR OAKLAND CA 94612 943281780 SUPPORT EDUCATIONAL INITATIVES CA 501(C)(3) LINE 7 N/A 0 NEWSCHOOLS SEED FUND LP 532 EMERSON STREET PALO ALTO CA 94301 813037754 ACQUIRE & HOLD MISSION RELATED INVESTMENTS CA N/A 0 0 NEWSCHOOLS CAPITAL LLC 532 EMERSON STREET PALO ALTO CA 94301 473212503 MGMT OF SEED FUND INVESTMENTS CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0