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BOSTON SCHOOLS FUND INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
BOSTON SCHOOLS FUND INC (EIN 47-3093274)
Tax period
2018-07-01 to 2019-06-30
Filed
2019-12-18
IRS object ID
201933529349301143
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-12-18T15:32:35-06:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALEXANDER ARONSON FINNING & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473093274EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOSTON SCHOOLS FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOSTBusinessNameControlTxt
Phone6178520773PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line126 WALTHAM STREET NO 2AAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM AUSTINPersonNm
Person TitleFOUNDER & CHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone6178520773PhoneNum
Signature2019-12-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS WASHBURN CPAPreparerPersonNm
PTINP00537319PTIN
Phone5083669100PhoneNum
Preparation2019-12-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address40.70.31.102IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-12-17IPDt
IP Tm11:02:03IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id67FD54DCEB6CBC14265FA3262D2D1D14C69EA041AtSubmissionCreationDeviceId
At Submission Filing Device IdCD23422F4DE0791B79B5D518482C2F7364FE87ECAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerWILLIAM AUSTINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line126 WALTHAM STREET 2AAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,765,124GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BOSTONSCHOOLSFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionBOSTON SCHOOLS FUND INC. (BSF) IS BUILT ON THE BELIEF THAT EVERY CHILD IN BOSTON DESERVES A SEAT IN A SCHOOL THAT IS RIGHT FOR THEM. BSF PROVIDES FINANCIAL AND ADMINISTRATIVE SUPPORT DIRECTLY TO HIGH-PERFORMING SCHOOLS OF ALL TYPES TO HELP THESE SCHOOLS GROW AND SERVE MORE STUDENTS. BSF'S WORK WILL INCREASE THE NUMBER OF SEATS IN BOSTON'S HIGH-PERFORMING DISTRICT, CHARTER, AND CATHOLIC SCHOOLS BY ONE-THIRD OVER THE NEXT FIVE YEARS. THIS WILL PUT BOSTON ON TRACK TO OFFER A SEAT IN A HIGH-PERFORMING SCHOOL TO THE MAJORITY OF ITS CHILDREN BY 2025.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,327,750PYContributionsGrantsAmt
CY Contributions Grants$3,753,207CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$4,179PYInvestmentIncomeAmt
CY Investment Income$11,917CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,331,929PYTotalRevenueAmt
CY Total Revenue$3,765,124CYTotalRevenueAmt
PY Grants And Similar Paid$1,295,022PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,408,583CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$571,112PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$930,513CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$78,446CYTotalFundraisingExpenseAmt
PY Other Expenses$588,332PYOtherExpensesAmt
CY Other Expenses$798,154CYOtherExpensesAmt
PY Total Expenses$2,454,466PYTotalExpensesAmt
CY Total Expenses$3,137,250CYTotalExpensesAmt
PY Revenues Less Expenses-$122,537PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$627,874CYRevenuesLessExpensesAmt
Total Assets BOY$3,942,592TotalAssetsBOYAmt
Total Assets EOY$4,572,898TotalAssetsEOYAmt
Total Liabilities BOY$7,409TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,841TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,935,183NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,563,057NetAssetsOrFundBalancesEOYAmt
MissionBSF SUPPORTS AND FUNDS THE GROWTH OF HIGH-QUALITY, HIGH-DEMAND SCHOOLS OF ALL TYPES. EVERY CHILD AND FAMILY IS UNIQUE, SO WE SUPPORT DIVERSE SCHOOL MODELS THAT VARY IN CURRICULUM, GRADESPAN, GEOGRAPHY, AND GOVERNANCE, AMONG MANY OTHER FACTORS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,640,213ExpenseAmt
Grant$1,408,583GrantAmt
DescSCHOOLS-THE PRIMARY FOCUS OF BSF'S PROGRAM WORK INCLUDES THE IDENTIFICATION AND DIRECT SUPPORT OF HIGH-QUALITY DISTRICT, CHARTER, AND CATHOLIC SCHOOLS WHICH ARE ABLE TO GROW TO SERVE MORE STUDENTS. BSF WORKS WITH THESE SCHOOLS TO SUPPORT THEIR GROWTH AND ENSURE THAT THE SCHOOLS MAINTAIN THEIR HIGH QUALITY AS THEY GROW. IN ADDITION, BSF WORKS DIRECTLY WITH FAMILIES AND COMMUNITY LEADERS IN BOSTON TO BETTER UNDERSTAND HOW AND WHY FAMILIES CHOOSE SCHOOLS IN BOSTON. WE THEN WORK WITH SCHOOLS TO PROVIDE SERVICES THAT FAMILIES ARE INTERESTED IN, AND WE DEVELOP TOOLS TO HELP FAMILIES LEARN MORE ABOUT SCHOOLS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$930,305ExpenseAmt
DescBOSTON SCHOOL FINDER-THIS PROGRAM IS INTENDED TO ASSIST FAMILIES IN LEARNING ABOUT SCHOOLS AND FINDING THE DISTRICT, CHARTER, OR CATHOLIC SCHOOL THAT BEST MEETS THEIR NEEDS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$353,982ExpenseAmt
DescPOLICY-BSF SUPPORTS CITYWIDE POLICY INITIATIVES THAT MAKE IT EASIER FOR FAMILIES TO ACCESS HIGH-QUALITY SCHOOLS IN BOSTON.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,924,500TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee8EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM AUSTIN CHIEF EXECUTIVE OFFICERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6178520773PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line126 WALTHAM STREET NO 2AAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WILLIAM AUSTIN
FOUNDER & CEO50.00Yes (X)Yes (X)$180,300$0$22,663
KATIE EVERETT
CHAIR5.00Yes (X)Yes (X)$0$0$0
JEFF NAYLOR
DIRECTOR1.00Yes (X)$0$0$0
MICAH SAGEBIEL
DIRECTOR1.00Yes (X)$0$0$0
BRYANT WEINBERG-JONES
CIO (UNTIL 3/18)50.00Yes (X)$139,500$0$426
FieldValueIRS element (for citing)
Total Reportable Comp From Org$319,800TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$23,089TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SMARTLING INC
1375 BROADWAY ST 14TH FLNEW YORKNY10018TRANSLATION SERVICES$144,928
KENWOOD ADVISING
6022 KENWOOD AVENUEDALLASTX75206SCHOOL SUPPORT$113,153
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,753,207AllOtherContributionsAmt
Total Contributions$3,753,207TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,917TotalRevenueColumnAmt
Exclusion$11,917ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,765,124TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$11,917ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,408,583TotalAmt
Program Services$1,408,583ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$315,068TotalAmt
Program Services$233,296ProgramServicesAmt
Management And General$40,886ManagementAndGeneralAmt
Fundraising$40,886FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$493,532TotalAmt
Program Services$468,452ProgramServicesAmt
Management And General$12,540ManagementAndGeneralAmt
Fundraising$12,540FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$87,265TotalAmt
Program Services$71,683ProgramServicesAmt
Management And General$7,791ManagementAndGeneralAmt
Fundraising$7,791FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$34,648TotalAmt
Program Services$27,042ProgramServicesAmt
Management And General$3,803ManagementAndGeneralAmt
Fundraising$3,803FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$804TotalAmt
Program Services$482ProgramServicesAmt
Management And General$161ManagementAndGeneralAmt
Fundraising$161FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,411TotalAmt
Program Services$10,941ProgramServicesAmt
Management And General$23,823ManagementAndGeneralAmt
Fundraising$3,647FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$533,441TotalAmt
Program Services$532,933ProgramServicesAmt
Management And General$254ManagementAndGeneralAmt
Fundraising$254FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$110,987TotalAmt
Program Services$99,108ProgramServicesAmt
Management And General$11,879ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$51,479TotalAmt
Program Services$30,414ProgramServicesAmt
Management And General$21,065ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$18,584TotalAmt
Program Services$13,916ProgramServicesAmt
Management And General$2,334ManagementAndGeneralAmt
Fundraising$2,334FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$41,710TotalAmt
Program Services$27,650ProgramServicesAmt
Management And General$7,030ManagementAndGeneralAmt
Fundraising$7,030FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,738TotalAmt
Management And General$2,738ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,137,250TotalAmt
Program Services$2,924,500ProgramServicesAmt
Management And General$134,304ManagementAndGeneralAmt
Fundraising$78,446FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$64,964BOYAmt
EOY$60,637EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,760,095BOYAmt
EOY$3,611,819EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$105,000BOYAmt
EOY$896,333EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,548BOYAmt
EOY$1,478EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,773LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,142LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,985BOYAmt
EOY$2,631EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,942,592BOYAmt
EOY$4,572,898EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,409BOYAmt
EOY$9,841EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,409BOYAmt
EOY$9,841EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,830,183BOYAmt
EOY$2,498,684EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,105,000BOYAmt
EOY$2,064,373EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,935,183BOYAmt
EOY$4,563,057EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,942,592BOYAmt
EOY$4,572,898EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$627,874ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$125,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,543,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,623,918CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,327,750CurrentTaxYearMinus1YearAmt
Current Tax Year$3,753,207CurrentTaxYearAmt
Total$13,372,875TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$125,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,543,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,623,918CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,327,750CurrentTaxYearMinus1YearAmt
Current Tax Year$3,753,207CurrentTaxYearAmt
Total$13,372,875TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,123,302SubstantialContributorsTotAmt
Public Support Total170$4,249,573PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$917CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$796CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,179CurrentTaxYearMinus1YearAmt
Current Tax Year$11,917CurrentTaxYearAmt
Total$17,813TotalAmt
FieldValueIRS element (for citing)
Total Support$13,390,688TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, SECTION B, LINE 13:FormAndLineReferenceDesc
ExplanationBSF WAS INCORPORATED ON 2/6/2015. THUS, THIS 2018 TAX FILING IS FOR BSF'S FIFTH TAX YEAR AS A SECTION 501(C)(3) ORGANIZATION.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,773OtherCostOrOtherBasisAmt
Depreciation$4,142DepreciationAmt
Book Value$2,631BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,631TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,765,124TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$3,765,124RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,765,124TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,137,250TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,137,250ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,137,250TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationBSF ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. BSF HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2019.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
BOSTON PUBLIC SCHOOLS (VARIOUS SCHOOLS)
2300 WASHINGTON STREETROXBURYMA02119046001138501C3$530,209TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
BOSTON EDUCATIONAL DEVELOPMENT FUND (VARIOUS SCHOOLS)
7 PALMER ST SUITE 2BOSTONMA02119222514422501C3$180,565TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
FRIENDS OF THE PERRY
745 E SEVENTH STREETSOUTH BOSTONMA02127823025265501C3$52,963TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
NEIGHBORHOOD HOUSE FOUNDATION
21 QUEEN STREETDORCHESTERMA02122043462888501C3$92,197TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
KIPP MASS INC
90 HIGH ROCK STLYNNMA01902464881350501C3$60,000TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
ACADEMY OF THE PACIFIC RIM CHARTER SCHOOL FUNDRAISING INC
1 WESTINGHOUSE PLAZAHYDE PARKMA02136043286025501C3$178,376TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
PREPARATORY FOUNDATION INC
1286 HYDE PARK AVEHYDE PARKMA02136113690799501C3$100,000TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
MISSION GRAMMAR SCHOOL
94 ST ALPHONSUS STREETBOSTONMA02120042106175501C3$50,000TO SUPPORT EXPANSION AND SCHOOL IMPROVEMENT
THE COMMONWEALTH OF MA TRUST FUND FOR EDUCATION INITIATIVES
75 PLEASANT STMALDENMA02148046002284$25,000EVENT SPONSORSHIP
NORTHEASTERN UNIVERSITY
360 HUNTINGTON AVEBOSTONMA02115041679980501C3$63,450RESEARCH
CHANGE RESEARCH PUBLIC BENEFIT CORPORATION
1510 WALNUT STREET SUITE EBERKELEYCA94709822257766$27,416RESEARCH
IMPACT FOR EDUCATION
44 HOWARD AVENUENEW HAVENCT06519461819840$27,500PLANNING
WILDER STRATEGIES
20 PARK PLAZA SUITE 447BOSTONMA02116823837506$5,000COMMUNICATION SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org10Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationBSF'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INCLUDE REQUIRING GRANTEES TO SUBMIT REPORTS TO BSF OUTLINING VARIOUS PIECES OF INFORMATION INCLUDING HOW GRANT FUNDS WERE USED, THE GRANTEE'S PROGRESS TOWARDS REACHING THE GRANT'S GOALS, AND ACHIEVEMENTS THE GRANTEE HAS ATTAINED DUE TO THE GRANT INVESTMENT MADE BY BSF. BSF MAINTAINS RECORDS TO SUBSTANTIATE THE SELECTION CRITERIA, AMOUNT OF PROCEEDS AND GRANTEES' ELIGIBILITY FOR THE GRANT INVESTMENTS MADE BY BSF. THESE RECORDS OUTLINE BSF'S DUE DILIGENCE PROCESS WHICH IS CONDUCTED WHEN EXPLORING POTENTIAL GRANTEES. BSF'S DUE DILIGENCE PROCESS INCLUDES AN ASSESSMENT AROUND THE POTENTIAL GRANTEE'S ROLE IN SERVING A KEY NEED FOR BOSTON'S FAMILIES, POTENTIAL TO ACHIEVE STRONG RESULTS, ABILITY TO GROW EFFECTIVELY, FINANCIAL SUSTAINABILITY AND BSF'S CAPACITY TO SUPPORT THE POTENTIAL GRANTEE. BSF GATHERS THE INFORMATION NECESSARY TO CONDUCT THE AFOREMENTIONED ASSESSMENT THROUGH FAMILY AND STAFF INTERVIEWS, SCHOOL VISITS, AND DATA REVIEW.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonWILLIAM AUSTINPersonNm
TitleFOUNDER & CEOTitleTxt
Base Compensation Filing Org$180,300BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$22,663NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$202,963TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE COMPENSATION FOR BSF'S FOUNDER AND CHIEF EXECUTIVE OFFICER, AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE REVIEW PROCESS CONDUCTED BY THE BOARD OF DIRECTORS IS BASED ON AN ANALYSIS OF COMPARABLE MARKET DATA WHICH CONSIDERS, AMONG OTHER CRITERIA, THE ROLES AND RESPONSIBILITIES OF THE POSITIONS BEING ASSESSED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. ONCE THE BOARD OF DIRECTORS HAS COMPLETED ITS REVIEW AND ULTIMATELY HAS APPROVED THE FORM 990, THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, THE MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM, WHEREBY ANY CONFLICTS ARE REQUIRED TO BE DISCLOSED.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION FOR BSF'S FOUNDER AND CHIEF EXECUTIVE OFFICER, AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE REVIEW PROCESS CONDUCTED BY THE BOARD OF DIRECTORS IS BASED ON AN ANALYSIS OF COMPARABLE MARKET DATA WHICH CONSIDERS, AMONG OTHER CRITERIA, THE ROLES AND RESPONSIBILITIES OF THE POSITIONS BEING ASSESSED.
FORM 990, PART VI, SECTION C, LINE 18BSF'S FORM 1023 IS AVAILABLE UPON REQUEST. BSF'S FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG, AS WELL AS UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19BSF'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GPAYROLL SERVICES: PROGRAM SERVICE EXPENSES 762. MANAGEMENT AND GENERAL EXPENSES 254. FUNDRAISING EXPENSES 254. TOTAL EXPENSES 1,270. BOSTON SCHOOLS FINDER SUPPORT: PROGRAM SERVICE EXPENSES 402,171. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 402,171. POLICY SUPPORT: PROGRAM SERVICE EXPENSES 130,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,000.
FORM 990, PART XII, LINE 2C:THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED DURING TAX YEAR 2018.

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