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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Grantmaker's Description of How Grants are Used</FormAndLineReferenceDesc>
        <ExplanationTxt>GRANTS ARE PROVIDED TO THE PORTOLA VALLEY SCHOOL DISTRICT FOR USES APPROVED BY THE DISTRICT GOVERNING BOARD TO MEET THE EDUCATIONAL NEEDS OF THE DISTRICT. BI-MONTHLY MEETINGS ARE HELD DURING THE SCHOOL YEAR BETWEEN MEMBERS OF THE FOUNDATION BOARD, THE DISTRICT ADMINISTRATION AND THE DISTRICT GOVERNING BOARD TO ENSURE THE PROPER USE OF THESE FUNDS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="17005167" softwareVersionNum="2017v2.2">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b: Form 990 Review Process</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 WAS AVAILABLE TO BOARD MEMBERS ON THE ORGANIZATION'S SHARED FILE SYSTEM. BOARD MEMBERS WERE INFORMED OF THIS BY EMAIL IN A TIMELY MANNER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</FormAndLineReferenceDesc>
        <ExplanationTxt>AVAILABLE IN FOUNDATION'S OFFICE AND ON PUBLIC WEBSITE AT HTTP://WWW.PVSCHOOLSFOUNDATION.ORG/</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 Part VI Other Information</FormAndLineReferenceDesc>
        <ExplanationTxt>THE VALUE OF TIME HAS NOT BEEN RECOGNIZED AS REVENUE AND OFFSETTING EXPENSES IN THE TAX RETURN. DUE TO THE VARYING NATURE OF THE WORK, IT IS NOT PRACTICAL FOR THE FOUNDATION TO VALUE SUCH TIME. THE VALUE OF USE OF FACILITIES HAS NOT BEEN RECOGNIZED AS REVENUE AND OFFSETTING EXPENSES IN THE TAX RETURN.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Goods and Services Provided in Excess of $75</FormAndLineReferenceDesc>
        <ExplanationTxt>EVERY OTHER YEAR THE FOUNDATION RAISES FUNDS THROUGH AN AUCTION OF GOODS AND SERVICES. THE FOUNDATION'S RECEIPT FOR AUCTION PAYMENTS BY BUYERS INCLUDES A STATEMENT OF AMOUNTS PAID FOR THOSE GOODS AND SERVICES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Non Cash Donations for Auction</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION RECEIVES DONATIONS OF GOODS AND SERVICES WHICH IT AUCTIONS AT THEIR MAJOR FUND RAISING EVENT. BECAUSE OF THE DIFFICULTY IN VALUING THESE ITEMS, THEY ARE NOT INCLUDED IN DONATION REVENUES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Organization Mission</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PORTOLA VALLEY SCHOOLS FOUNDATION SEEKS TO PROVIDE GENERAL FINANCIAL SUPPORT FOR THE PORTOLA VALLEY SCHOOL DISTRICT IN ORDER TO PROVIDE AND MAINTAIN CONSISTENTLY HIGH QUALITY EDUCATIONAL OPPORTUNITIES FOR THE CHILDREN OF ORMONDALE AND CORTE MADERA SCHOOLS. BY FUNDRAISING THROUGH ANNUAL CAMPAIGNS, THE ENDOWMENT, EVENTS, COMMUNITY BUSINESS PARTNERSHIPS AND ESCRIP, THE FOUNDATION RAISES MONEY TO PAY FOR ESSENTIAL EDUCATIONAL PROGRAMS AND FOR INNOVATIVE TEACHER AND DISTRICT PROJECTS. THE FOUNDATION IS COMMITTED TO CONDUCTING ITS FUNDRAISING IN A MANNER THAT SUPPORTS THE DISTRICTS EFFORTS, FOSTERS COOPERATION AMONG ALL DISTRICT ORGANIZATIONS, AND INCREASES AWARENESS OF THE NEED FOR PRIVATE FUNDS FOR PUBLIC EDUCATION IN CALIFORNIA. ANYONE CAN SUPPORT THE FOUNDATION. WE THANK ALL THE PARENTS, GRANDPARENTS, FRIENDS, STAFF, TEACHERS, BUSINESSES AND COMMUNITY MEMBERS WHO HAVE SHARED IN OUR VISION FOR OUR CHILDREN.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Securities Held for Investment</FormAndLineReferenceDesc>
        <ExplanationTxt>ENDOWMENT FUNDS ARE HELD IN A VANGUARD INVESTMENT ACCOUNT. THIS ACCOUNT IS INVESTMENT IN A BALANCED PORTFOLIO OF FIXED INCOME AND EQUITY INVESTMENTS. ADDITIONAL ENDOWMENT FUNDS ARE HELD IN CASH EQUIVALENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>