SOUTHERN EDUCATION FOUNDATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHERN EDUCATION FOUNDATION INC (EIN 13-5562388)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-07
- IRS object ID
- 202502209349300000
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-07T22:51:14-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & HOWARD ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 271 17TH STREET NW SUITE 2100 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30363 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562388 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LEIGHTON O'SULLIVAN | InCareOfNm |
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 4045230001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 MARIETTA ST NW 1650 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30303 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leighton O'Sullivan | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4045230001 | PhoneNum |
| Signature | 2025-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SABRE J LINAHAN | PreparerPersonNm |
| PTIN | P01372980 | PTIN |
| Phone | 4048746244 | PhoneNum |
| Preparation | 2025-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Raymond Pierce | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 MARIETTA ST NW SUITE 1650 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30303 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $28,596,269 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.southerneducation.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1867 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE THE QUALITY OF LIFE FOR DISADVANTAGED RESIDENTS IN THE SOUTHERN UNITED STATES BY PROMOTING EQUITY AND EXCELLENCE IN EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 37 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,060,131 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,225,676 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $248,053 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $344,526 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,052,802 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,043,819 | CYInvestmentIncomeAmt |
| PY Other Revenue | $96,140 | PYOtherRevenueAmt |
| CY Other Revenue | $55,204 | CYOtherRevenueAmt |
| PY Total Revenue | $6,457,126 | PYTotalRevenueAmt |
| CY Total Revenue | $14,669,225 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $50,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $60,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,759,970 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,347,987 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $356,349 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,724,295 | PYOtherExpensesAmt |
| CY Other Expenses | $6,425,244 | CYOtherExpensesAmt |
| PY Total Expenses | $6,534,265 | PYTotalExpensesAmt |
| CY Total Expenses | $10,833,231 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$77,139 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,835,994 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $34,001,067 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,382,579 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,327,709 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,166,672 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,673,358 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $35,215,907 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE SOUTHERN EDUCATION FOUNDATION'S MISSION IS TO ADVANCE EQUITY AND EXCELLENCE IN EDUCATION FOR ALL STUDENTS IN THE SOUTH, PARTICULARLY LOW-INCOME STUDENTS AND STUDENTS OF COLOR. SEF USES COLLABORATION, ADVOCACY, AND RESEARCH TO IMPROVE OUTCOMES FROM EARLY CHILDHOOD TO ADULTHOOD. OUR CORE BELIEF IS THAT EDUCATION IS THE VEHICLE BY WHICH ALL STUDENTS GET FAIR CHANCES TO DEVELOP THEIR TALENTS AND CONTRIBUTE TO THE COMMON GOOD. SEF STRIVES TO FULFILL ITS MISSION THROUGH THE FOLLOWING CORE PROGRAM AREAS: EXPANDING EARLY LEARNING OPPORTUNITIES, ADVANCING PUBLIC EDUCATION AND IMPROVING COLLEGE ACCESS AND COMPLETION. SEF EXECUTES FIVE PRIMARY STRATEGIES ACROSS OUR PROGRAMS: LEVERAGING KNOWLEDGE OF THE FIELD: BY ESTABLISHING AND OPERATING TASK FORCES, WORK GROUPS, AND LEARNING COMMUNITIES TO ORGANIZE KNOWLEDGE AND ADVANCE NEW SOLUTIONS TO LONG STANDING PROBLEMS; PUTTING GOOD IDEAS TO A FAIR TEST: PROMOTING, CONDUCTING, AND USING DEMONSTRATIONS, PILOTS, AND EVALUATIONS TO SHAPE POLICY AND PRAC | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $8,895,442 | ExpenseAmt |
| Grant | $60,000 | GrantAmt |
| Revenue | $344,526 | RevenueAmt |
| Desc | Southern Education Leadership Initiative Embedded across the strategies of SEF's three programmatic areas is our long-standing leadership development initiative, the Southern Education Leadership Initiative (SELI). Launched in 2004 to commemorate the 50th anniversary of Brown v. Board of Education, SELI has now entered its third decade of cultivating leadership for educational equity and opportunity across the South. As we prepare to mark SELI's 21st year, we celebrate a legacy of 299 college and graduate students who have completed intensive training and paid summer fellowships through the program. These emerging leaders-diverse, driven, and deeply committed-represent the next generation of changemakers shaping the future of education policy and practice. Fellowship Overview The Southern Education Leadership Initiative (SELI) is an intensive, eight-week, paid summer fellowship for undergraduate, graduate, and professional students interested in advancing racial equity and improving education across the pre-kindergarten to college continuum. It is a continuation of SEF's legacy of educating leaders in the South, which spans more than a century. Our initiative recognized that there is still important work to be done to ensure that all children, irrespective of race or class, receive an excellent education. Placed in nonprofits, school districts, higher education institutions, education technology firms, or state education agencies in the South, SELI fellows spend the summer developing as leaders, engaging with valuable stakeholders, and acquiring practical job skills through direct learning experiences. Over SELI's tenure, 299 talented and diverse young leaders have conducted important research, policy analysis, advocacy, and organizing efforts for over 110 partner organizations. SELI alum can be found today working as educators, policymakers, researchers, community organizers, and committed civic leaders dedicated to improving the life chances of all children. The fellowship is delivered via three key activities: Orientation Training, Placement, and the Closing Meeting. The Orientation Training takes place in May each summer and exposes students to research and data around racial and socio-economic disparities in education, stresses the importance of education equity, offers site visits to see top issues in education firsthand, and provides opportunities to learn from inspiring leaders. Students depart from Orientation to their placement sites, where they work for eight weeks on projects to advance the capacity of their host sites, while developing their own leadership potential in the educational equity field. The Closing Meeting, held every July, presents an opportunity for fellows to share lessons learned, reflect, and brainstorm on how to continue making change as part of a network of emerging leaders in the sector. In the past year, SELI has expanded to include intentional alumni engagement, ensuring fellows are supported well beyond the summer experience. This ongoing support aims to bolster their leadership capacities and keep them connected to a broader network of changemakers. Alumni opportunities have included virtual professional learning webinars on timely topics in education and leadership, as well as the launch of a new, advanced summer fellowship exclusively for SELI alumni, developed in collaboration with Columbia University's Center for Public Research and Leadership (CPRL). These efforts reflect SELI's long-term commitment to cultivating and sustaining a robust pipeline of Southern education leaders. Racial Equity Leadership Network In districts all over the United States, race and class remain among the most reliable predictors of student success in school. Currently, in southern states, more than half of all the students enrolled in public school are from low-income families, with a growing number of families living in extreme poverty. The majority of public-school students in the South are also children of color, rapidly changing the demographics of large and small districts. The increasing diversity and inequities students and families confront creates an imperative for us to reimagine how we create a system that increases access and opportunity for all children to learn, develop, and thrive. We think the system we need now requires a bold and significant shift in educational leadership and practice. Leaders in every corner of our nation are being called to think, engage and act differently in the face of the complex challenges they navigate. Strengthening the will, skill and capacity of district leaders and their teams is an important lever for advancing authentic and enduring equity-centered system change. Funded by The Atlantic Philanthropies, the Southern Education Foundation, Inc. is answering this call by hosting the Racial Equity Leadership Network (RELN) to advance the capacity of district leaders committed to enduring equity-centered systems change as a solution to addressing racial, economic and academic disparities in districts across the South. Fellowship Overview and Theory of Change The Racial Equity Leadership Network is an 18-month, cohort-style fellowship program for school district leaders who are committed to addressing persistent disparities in their systems and ensuring that race and class are no longer the most reliable predictors of student success. Each RELN cohort is comprised of up to twelve (12) executive leaders (i.e., Superintendents, Deputy Superintendents, Chief Academic Officers, etc.) from school systems across the South. Over the course of their fellowship experience, RELN fellows attend five (5) two-and-a-half-day network convening's focused on the essential levers for equity-centered leadership and system transformation. In between network convening's, the fellows also receive customized coaching and webinars to support the identification of a context-specific equity challenge. Finally, fellows receive grant support and other technical assistance to implement an action plan addressing their unique equity challenge during a six-month in-district work period. The RELN leadership development model follows a double helix approach incorporating two distinct, but intrinsically linked, strands of learning, engaging, and testing over the course of the 18-month fellowship. Fellows sharpen their individual racial equity lens and receive tools to enhance their capacity for influencing education policy and practice. Because this individual development is insufficient to create sustainable change within systems, fellows simultaneously identify specific policy or practice challenges to address within their districts, receive resources for engaging with others, and observe model districts making progress towards racial equity. Fellowship Outcomes As members of the Racial Equity Leadership Network, fellows (ideally) will: 1) Deepen awareness and understanding of the historical and contextual drivers of racial inequity in schools and make connections to present-day education policies and practices that perpetuate racial disparities in student opportunity and outcomes. 2) Challenge to examine their own attitude, beliefs, and assumptions about students' ability to learn, regardless of background. 3) Establish clear steps for an explicit racial equity vision for their systems and establishing racial equity as a fundamental value that is clearly articulated and championed by all school community members, who work collaboratively to advance sustainable, equitable opportunities and outcomes for students. 4) Strengthen their ability to diagnose, and ultimately create solutions to address, the inequities that they witness in their system. Gain a peer network and professional learning community of equity-oriented district leaders throughout the South. Since its inception, the Racial Equity Leadership Network has impacted the leadership journeys of 37 executive district leaders across four cohorts. Through their participation in the fellowship, these leaders have shifted the way they approach complex challenges in their systems, applying equity-centered strategies and tools in real-time. Each fellow represented a district in the South, spanning urban, suburban, and rural contexts, bringing with them diverse perspectives and a shared commitment to advancing opportunity and outcomes for all students. | Desc |
| Total Program Service Expenses | $8,895,442 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 122 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 37 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEIGHTON O'SULLIVAN | PersonNm |
| Phone | 4045230001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 MARIETTA ST NW STE 1650 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30303 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Raymond Pierce | ||||||||
| President | 40.0 | 0.0 | Yes (X) | $402,271 | $0 | $72,406 | ||
| Kenita Williams | ||||||||
| Chief Operating Officer | 40.0 | 0.0 | Yes (X) | $222,300 | $0 | $39,851 | ||
| Saba Bireda | ||||||||
| Executive Director - BP | 40.0 | 0.0 | $231,000 | $0 | $15,587 | Yes (X) | ||
| Leighton O'Sullivan | ||||||||
| Chief Financial Officer | 40.0 | 0.0 | Yes (X) | $202,700 | $0 | $36,761 | ||
| Ary Spatig-Amerikaner | ||||||||
| Executive Director - BP | 40.0 | 0.0 | $229,433 | $0 | $9,261 | Yes (X) | ||
| Fred Jones Jr | ||||||||
| Senior Director of Public Poli | 40.0 | 0.0 | $163,596 | $0 | $48,715 | Yes (X) | ||
| Max Altman | ||||||||
| Director of Research and Polic | 40.0 | 0.0 | $140,960 | $0 | $27,800 | Yes (X) | ||
| Eshe Collins | ||||||||
| Director, Equity Assistance | 40.0 | 0.0 | $140,200 | $0 | $14,291 | Yes (X) | ||
| Dr Hakim Lucas | ||||||||
| Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Kenneth Jones II | ||||||||
| Secretary | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Judith Leonard | ||||||||
| Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Larry Berger | ||||||||
| Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Ajay Mehrotra | ||||||||
| Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Michele Warman | ||||||||
| Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Charlotte Morris | ||||||||
| Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Careshia Moore | ||||||||
| Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,732,460 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $264,672 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Brittany Miller | |||||
| 15638 Baker Avenue | LAKEWOOD | CO | 80228 | Consultant | $325,345 |
| Forvis Mazars | |||||
| P O BOX 200870 | DALLAS | TX | 753200870 | Consultant | $397,356 |
| CG Consulting | |||||
| 1502 Winter Valley Driv | TUPELO | MS | 38801 | Consultant | $260,000 |
| Education Law Center | |||||
| 60 Park Place Suite 300 | NEWARK | NJ | 07102 | Consultant | $233,771 |
| First 8 Memphis | |||||
| 1350 Concourse Avenue | MEMPHIS | TN | 38104 | Consultant | $228,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,601,564 | GovernmentGrantsAmt |
| All Other Contributions | $6,624,112 | AllOtherContributionsAmt |
| Noncash Contributions | $1,050,619 | NoncashContributionsAmt |
| Total Contributions | $8,225,676 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ISSUES FORUM | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $344,526 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $344,526 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $344,526 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $805,917 | TotalRevenueColumnAmt |
| Exclusion | $805,917 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,164,946 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,927,044 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,237,902 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,237,902 | TotalRevenueColumnAmt |
| Exclusion | $5,237,902 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $55,204 | TotalRevenueColumnAmt |
| Exclusion | $55,204 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $55,204 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,669,225 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $344,526 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $6,099,023 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,000 | TotalAmt |
| Program Services | $60,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $979,628 | TotalAmt |
| Program Services | $783,703 | ProgramServicesAmt |
| Management And General | $117,555 | ManagementAndGeneralAmt |
| Fundraising | $78,370 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,751,427 | TotalAmt |
| Program Services | $2,201,142 | ProgramServicesAmt |
| Management And General | $330,171 | ManagementAndGeneralAmt |
| Fundraising | $220,114 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,792 | TotalAmt |
| Program Services | $219,834 | ProgramServicesAmt |
| Management And General | $32,975 | ManagementAndGeneralAmt |
| Fundraising | $21,983 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,223 | TotalAmt |
| Program Services | $73,778 | ProgramServicesAmt |
| Management And General | $11,067 | ManagementAndGeneralAmt |
| Fundraising | $7,378 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,917 | TotalAmt |
| Program Services | $199,934 | ProgramServicesAmt |
| Management And General | $29,990 | ManagementAndGeneralAmt |
| Fundraising | $19,993 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,216,146 | TotalAmt |
| Program Services | $3,861,097 | ProgramServicesAmt |
| Management And General | $352,488 | ManagementAndGeneralAmt |
| Fundraising | $2,561 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,750 | TotalAmt |
| Program Services | $2,592 | ProgramServicesAmt |
| Management And General | $7,157 | ManagementAndGeneralAmt |
| Fundraising | $1 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,500 | TotalAmt |
| Management And General | $51,500 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,545 | TotalAmt |
| Management And General | $81,545 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,841 | TotalAmt |
| Program Services | $77,201 | ProgramServicesAmt |
| Management And General | $3,413 | ManagementAndGeneralAmt |
| Fundraising | $227 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,558 | TotalAmt |
| Program Services | $212,977 | ProgramServicesAmt |
| Management And General | $26,427 | ManagementAndGeneralAmt |
| Fundraising | $2,154 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,216 | TotalAmt |
| Program Services | $223,842 | ProgramServicesAmt |
| Management And General | $69,474 | ManagementAndGeneralAmt |
| Fundraising | $900 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,814 | TotalAmt |
| Program Services | $165,930 | ProgramServicesAmt |
| Management And General | $110,440 | ManagementAndGeneralAmt |
| Fundraising | $2,444 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,956 | TotalAmt |
| Program Services | $155,660 | ProgramServicesAmt |
| Management And General | $17,296 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,105 | TotalAmt |
| Program Services | $632,562 | ProgramServicesAmt |
| Management And General | $173,370 | ManagementAndGeneralAmt |
| Fundraising | $173 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,889 | TotalAmt |
| Management And General | $86,889 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,504 | TotalAmt |
| Management And General | $9,504 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | $95,250 | $25,050 | $70,149 | $51 |
| TAXES AND LICENSES | $170 | $140 | $30 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,833,231 | TotalAmt |
| Program Services | $8,895,442 | ProgramServicesAmt |
| Management And General | $1,581,440 | ManagementAndGeneralAmt |
| Fundraising | $356,349 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,290 | BOYAmt |
| EOY | $313,238 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,298,662 | BOYAmt |
| EOY | $919,195 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $617,761 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $585,284 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $453,384 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,371 | BOYAmt |
| EOY | $131,900 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,483,978 | BOYAmt |
| EOY | $31,925,598 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,440,294 | BOYAmt |
| EOY | $2,037,905 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $539,472 | BOYAmt |
| EOY | $436,982 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,001,067 | BOYAmt |
| EOY | $36,382,579 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $730,928 | BOYAmt |
| EOY | $683,582 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $596,781 | BOYAmt |
| EOY | $483,090 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,327,709 | BOYAmt |
| EOY | $1,166,672 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,934,968 | BOYAmt |
| EOY | $17,322,045 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,738,390 | BOYAmt |
| EOY | $17,893,862 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,673,358 | BOYAmt |
| EOY | $35,215,907 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,001,067 | BOYAmt |
| EOY | $36,382,579 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,835,994 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,675,874 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $1,382,429 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,389,634 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,988,850 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,556,460 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,060,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,225,676 | CurrentTaxYearAmt |
| Total | $20,220,751 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,389,634 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,988,850 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,556,460 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,060,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,225,676 | CurrentTaxYearAmt |
| Total | $20,220,751 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,284,825 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,935,926 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $426,957 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $564,377 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $768,331 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $694,171 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $805,917 | CurrentTaxYearAmt |
| Total | $3,259,753 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,311 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,818 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $96,140 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $55,204 | CurrentTaxYearAmt |
| Total | $270,128 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $23,750,632 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $592,579 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.54466 | PublicSupportCY170Pct |
| Public Support PY170 | 0.54535 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II, Line 1 | FormAndLineReferenceDesc |
| Explanation | The organization received a one-time, unexpected grant during the 2022 year of $6,000,000. It has not been reported in the 2022 column for grants received during the year as it was deemed to meet the definition of an unusual grant. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $10,833,231 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $10,833,231 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $691,662 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $172,916 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Form4720 Filed | false | Form4720FiledInd |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $286,575 | CurrentYearMinus3Amt |
| Current Year Minus2 | $363,376 | CurrentYearMinus2Amt |
| Current Year Minus1 | $476,713 | CurrentYearMinus1Amt |
| Current Year | $691,662 | CurrentYearAmt |
| Total | $1,818,326 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,727,489 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $71,644 | CurrentYearMinus3Amt |
| Current Year Minus2 | $90,844 | CurrentYearMinus2Amt |
| Current Year Minus1 | $119,178 | CurrentYearMinus1Amt |
| Current Year | $172,916 | CurrentYearAmt |
| Total | $454,582 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $681,873 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,238,640 | BeginningYearBalanceAmt |
| Contributions | $6,147,387 | ContributionsAmt |
| Investment Earnings Or Losses | $383,534 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,529,337 | OtherExpendituresAmt |
| Administrative Expenses | $271,284 | AdministrativeExpensesAmt |
| End Year Balance | $26,908,940 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,704,695 | BeginningYearBalanceAmt |
| Contributions | $2,953,924 | ContributionsAmt |
| Investment Earnings Or Losses | $103,614 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $50,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,199,654 | OtherExpendituresAmt |
| Administrative Expenses | $273,939 | AdministrativeExpensesAmt |
| End Year Balance | $22,238,640 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,683,761 | BeginningYearBalanceAmt |
| Contributions | $259,200 | ContributionsAmt |
| Investment Earnings Or Losses | -$110,353 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $150,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $788,722 | OtherExpendituresAmt |
| Administrative Expenses | $189,191 | AdministrativeExpensesAmt |
| End Year Balance | $20,704,695 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,997,624 | BeginningYearBalanceAmt |
| Contributions | $2,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $74,239 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,379 | GrantsOrScholarshipsAmt |
| Other Expenditures | $299,009 | OtherExpendituresAmt |
| Administrative Expenses | $82,714 | AdministrativeExpensesAmt |
| End Year Balance | $21,683,761 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,944,961 | BeginningYearBalanceAmt |
| Contributions | $868,028 | ContributionsAmt |
| Investment Earnings Or Losses | $54,026 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $580,391 | GrantsOrScholarshipsAmt |
| Other Expenditures | $152,780 | OtherExpendituresAmt |
| Administrative Expenses | $136,220 | AdministrativeExpensesAmt |
| End Year Balance | $19,997,624 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.33500 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.05140 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.61360 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $414,296 | OtherCostOrOtherBasisAmt |
| Depreciation | $308,992 | DepreciationAmt |
| Book Value | $105,304 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,995 | OtherCostOrOtherBasisAmt |
| Depreciation | $583 | DepreciationAmt |
| Book Value | $6,412 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $163,993 | OtherCostOrOtherBasisAmt |
| Depreciation | $143,809 | DepreciationAmt |
| Book Value | $20,184 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $131,900 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENT IN PRIVATE STOCK | $2,037,905 |
| INVESTMENT IN JOINT VENTURE | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,037,905 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $483,090 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $483,090 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,911,806 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,675,874 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$2,675,874 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,587,680 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $81,545 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $81,545 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,669,225 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,751,686 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $10,751,686 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $81,545 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $81,545 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,833,231 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | ENDOWMENT FUNDS ARE USED TO SUPPORT THE FOUNDATION'S VARIOUS RESEARCH, ANALYSIS, ADVOCACY, TECHNICAL ASSISTANCE AND OUTREACH PROGRAMS. |
| PART X, Line 2 | The Foundation is recognized as an organization exempt from federal income tax under Section 501 (a) of the Internal Revenue Code as an organization described in Section 501 (c)(3). The Foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by federal and state taxing authorities. The Foundation believes it is no longer subject to tax examinations for tax years ending before December 31, 2021. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Duval County Public School | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 Prudential Drive | AddressLine1Txt |
| City | Jacksonville | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $60,000 | CashGrantAmt |
| Valuation Method Used | Book | ValuationMethodUsedDesc |
| Purpose Of Grant | Support | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS | FormAndLineReferenceDesc |
| Explanation | The organization selects recipients based on need and requests an annual report detailing the outcome of the project funded and an accounting for the monies received. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| Raymond Pierce | ||||||
| President | $359,271 | $25,000 | $18,000 | $65,000 | $8,556 | $475,827 |
| Kenita Williams | ||||||
| Chief Operating Officer | $216,300 | $6,000 | $0 | $32,445 | $8,556 | $263,301 |
| Leighton O'Sullivan | ||||||
| Chief Financial Officer | $195,700 | $7,000 | $0 | $29,335 | $8,444 | $240,479 |
| Fred Jones Jr | ||||||
| Senior Director of Public Poli | $159,596 | $4,000 | $0 | $25,553 | $24,154 | $213,303 |
| Max Altman | ||||||
| Director of Research and Polic | $135,960 | $5,000 | $0 | $20,394 | $8,305 | $169,659 |
| Saba Bireda | ||||||
| Executive Director - BP | $231,000 | $0 | $0 | $8,181 | $8,556 | $247,737 |
| Ary Spatig-Amerikaner | ||||||
| Executive Director - BP | $229,433 | $0 | $0 | $8,662 | $1,749 | $239,844 |
| Eshe Collins | ||||||
| Director, Equity Assistance | $137,700 | $2,500 | $0 | $6,885 | $8,389 | $155,474 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 7 | BONUSES WERE BASED ON PERFORMANCE EVALUATIONS. |
| PART II COLUMN (B)(III) | AUTOMOBILE EXPENSE |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,050,619 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column B - Items Contributed: | COLUMN B REPORTS NUMBER OF ITEMS RECEIVED. |
| Part I, Line 32 B | The Organization uses their investment broker to sell donated stock immediately. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 2 | During the year, the Foundation entered into a fiscal sponsorship agreement with The Browns Promise Project ("Browns Promise") to provide administrative support. The Foundation receives a fee for providing administrative support to Browns Promise. The Foundation is to receive 10% of the first $1 million in funds received by Brown's Promise and then 5% of all funds received thereafter within the calendar year. |
| PART III, LINE 4A (1) CONT. | Catalyzing Community Foundations: A Strategic Lever to Fund Smaller Nonprofits Across the South, smaller nonprofit organizations are working every day to improve postsecondary outcomes for students in their communities-often with limited resources and limited access to sustained funding. Recognizing the critical role of local philanthropy in addressing this challenge, the Southern Education Foundation has launched the Catalyzing Community Foundations initiative, a new effort designed to strengthen community-based support for postsecondary student success. With support from ECMC Foundation, the initiative is focused on deepening the capacity of community foundations in Alabama, Arkansas, Louisiana, and Mississippi to fund and support organizations that are rooted in and responsive to the communities they serve. Each participating foundation will partner with local nonprofit organizations that operate with annual budgets under $1.5 million and are committed to increasing postsecondary retention and completion. In its first year, SEF conducted a landscape analysis to better understand the education-focused grantmaking efforts of community foundations in these states. This included identifying potential partners, mapping nonprofit capacity across the region, and designing the initiative's structure and strategy. With these foundational elements in place, SEF formally launched the first cohort in 2025. The Catalyzing Community Foundations initiative reflects SEF's broader commitment to investing in local infrastructure, expanding philanthropic reach, and strengthening the ecosystem of support for postsecondary student success. By equipping community foundations with targeted resources and capacity-building support, we seek to elevate the organizations closest to students-those best positioned to deliver direct, responsive, and sustained impact. |
| PART VI, LINE 11A | In accordance with IRS requirements, the 990 was provided to each Board member prior to filing. |
| PART VI, LINE 12C | Annually, each Trustee and SEF staff member execute a disclosure form identifying any relationships, positions or circumstances in which he/she is involved that could contribute to a real or perceived conflict of interest. Any information regarding business interest of a Trustee is treated as confidential and is generally made available to the Chair, the President, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of this policy. Trustees do not vote on any matter in which they believe there is duality of interest and may, if asked, be called upon to share with fellow Trustees such information related to the duality of interest as may be necessary and appropriate. The minutes of Board meetings will show that the Trustee having a duality of interest disclosed same and abstained from voting on related matters. A copy of this policy is furnished to each person who is or becomes a member of the Board of Trustees or staff. Each such person is required to review a copy of this policy and acknowledge in writing that he or she has done so. |
| PART VI, LINE 15 | IN ORDER TO DETERMINE STAFF COMPENSATION LEVELS FOR ITS SMALL STAFF AND CONSERVATIVE MODEST RESOURCES, SEF CONSULTS SOURCES SUCH AS THE ANNUALLY COMPENSATION SURVEY PUBLISHED BY THE COUNCIL ON FOUNDATIONS, REPORTS IN THE CHRONICLE OF PHILANTHROPY, AND THE CHRONICLE OF HIGHER EDUCATION, RATHER THAN HIRING INDEPENDENT CONSULTANTS TO CONDUCT DETAILED COMPENSATION SURVEYS AND AUDITS. SEF BOARD MEMBERS AND STAFF, AS APPROPRIATE, ALSO CONSULT WITH PEER ORGANIZATIONS TO ASCERTAIN APPROPRIATE COMPENSATION RANGES FOR STAFF. MANY SEF BOARD MEMBERS SERVE, AS WELL, ON OTHER NON -PROFIT ORGANIZATIONAL BOARDS AND BRING THAT KNOWLEDGE AND PERSPECTIVE TO BEAR IN SETTING COMPENSATION FOR SEF STAFF. SEF'S FINANCE, AUDIT AND ADMINISTRATION COMMITTEE REVIEWS COMPENSATION AS PART OF THE ANNUAL BUDGET-SETTING CYCLE AND DETERMINES COMPENSATION OF THE PRESIDENT BASED UPON AN ANNUAL APPRAISAL OF PERFORMANCE. THAT APPRAISAL CONSIDERS ALL ASPECTS OF THE PRESIDENT'S WORK INCLUDING FUNDRAISING, MANAGEMENT, PROGRAM DEVELOPMENT AND IMPLEMENTATION, GOVERNANCE AND COMMUNICATIONS. SEF'S PRESIDENT APPRAISES THE PERFORMANCE OF OTHER SUBORDINATE SEF STAFF ANNUALLY. ALL SEF STAFF ARE PART OF A MERIT PAY PROGRAM IN WHICH THERE ARE NO AUTOMATIC OR COST OF LIVING INCREASES. |
| PART VI, LINE 19 | All SEF public documents are available upon request. Once a request is received the documents can be sent either electronically or through the US postal system. The 2021 CPA audit, conflict of interest policy and whistleblower policy can also be found on the SEF web site in the "Public Documents Listing." |
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