2019-07-12T06:16:18-05:00 2018-08-31 132060851 Owen J Flanagan & Co 60 East 42nd Street New York NY 10165 990 2017-09-01 133976873 THE PARTNERSHIP FOR INNER-CITY EDUCATION PART 2123711011 1011 FIRST AVENUE No 1856 NEW YORK NY 10022 DONALD HERDRICH TREASURER 2123711011 2019-06-28 1 John Corcoran P01468574 2126822783 160.79.169.50 2019-06-28 13:47:28 ED P 12A507555B16C8360A93764D69778A95446EFF62 BB2A4A3FA27733B72DF8155BE08D026BC841CBC5 2017 2019-02-21 02:37:17Z Amy Stevens 1011 FIRST AVENUE No 1856 NEW YORK NY 10022 17782412 0 X PARTNERSHIPNYC.ORG X 1997 NY The mission of the Partnership for Inner-City Education is to develop outstanding Catholic elementary schools that provide low-income students with the academic preparation, values and skills they need to break the cycle of poverty and lead fulfilling, productive lives. The Partnership for Inner-City Education supports the inner-city schools of the Archdiocese of New York in four main areas: tuition scholarship for disadvantaged students; programmatic and operational support; administrative, educational and operational services and capital repair grants to a set of six inner-city schools. The Partnership for Inner-City Education was created to provide a stable and longer-term source of support for inner-city schools and is operated independently from the Archdiocese of New York. 27 27 0 27 211746 189446 12670179 8909960 0 0 2778300 4290524 0 0 15448479 13200484 10827682 8838128 0 0 3043812 3206628 0 105650 921216 912051 1719834 14783545 13870240 664934 -669756 65477964 65751887 1079321 1119431 64398643 64632456 X The mission of the Partnership for Inner-City Education is to develop outstanding Catholic elementary schools that provide low-income students with the academic preparation, values and skills they need to break the cycle of poverty and lead fulfilling, productive lives. The Partnership provides tuition scholarships to those in need and assists schools in their quest to achieve academic excellence, financial stability and administrative efficiency, by awarding grants for academic and programmatic initiatives, professional development and operational support to a set of six inner-city elementary schools. The Partnership also seeks to ensure safe and enriched school facilities by providing grants to these elementary schools for necessary capital improvements. 0 0 11102047 7970524 The Partnership provides administrative, educational and operational services to a set of six, inner-city pre-k to 8th grade schools governed by the Archdiocese of New York. The Partnership provides both human and financial resources to improve the academic achievement levels at these schools to benefit all the students that attend them and help lift students out of poverty. Additionally, scholarships are provided to approximately 1,640 students attending these schools. The Partnership also funds capital improvements made to the school buildings. 872260 867605 Grants made to elementary and high schools outside the six school network for scholarships, academic and enrichment programs and general operating support. 11974307 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 0 1 1 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X The Organization 2123711011 1011 FIRST AVENUE No 1856 NEW YORK NY 10022 Russell L Carson Chairman 1.00 X X 0 0 0 Amy M Stevens President 1.00 X X 0 0 0 Donald J Herdrich Treasurer 1.00 X X 0 0 0 Richard J Schmeelk Secretary 1.00 X X 0 0 0 William Finnerman Vice Chairman 1.00 X X 0 0 0 Norman Eig Trustee 1.00 X 0 0 0 Barbara R Evans Trustee 1.00 X 0 0 0 Elizabeth Cogan Fascitelli Trustee 1.00 X 0 0 0 William E Flaherty Trustee 1.00 X 0 0 0 Peter T Grauer Trustee 1.00 X 0 0 0 Bonnie B Himmelman Trustee 1.00 X 0 0 0 Helen Lowe Trustee 1.00 X 0 0 0 Msgr Gregory Mustaciuolo Trustee 1.00 X 0 0 0 Jane B O'Connell Trustee 1.00 X 0 0 0 Thomas C Quick Trustee 1.00 X 0 0 0 Dr Timothy McNiff Trustee 1.00 X 0 0 0 Most Reverend Timothy M Dolan Trustee 1.00 X 0 0 0 Samuel A Di Piazza Jr Trustee 1.00 X 0 0 0 Jose Fernandez Trustee 1.00 X 0 0 0 Patrick Kelly Trustee 1.00 X 0 0 0 Nancy R Wall Trustee 1.00 X 0 0 0 Peter Maulik Trustee 1.00 X 0 0 0 Charles P Durkin Jr Trustee 1.00 X 0 0 0 Janine Hill Trustee 1.00 X 0 0 0 William Goodloe Trustee 1.00 X 0 0 0 Patricia Chadwick Trustee 1.00 X 0 0 0 Frank Porcelli Trustee 1.00 X 0 0 0 Jill Kafka Executive Director 40.00 X 296366 0 49775 Karen McSherry CFO 40.00 X 171578 0 25296 Jacqueline Dyer CFO 40.00 X 100261 0 25110 George Grenier Director of Facilities 40.00 X 183999 0 17752 Kathleen Porter-Magee Chief Academic Officer 40.00 X 255912 0 24036 Kwame Miller Chief Operating Officer 40.00 X 171392 0 23478 Kathleen Quirk Academic Chief of Staff 40.00 X 144905 0 801 Lauren Delfavero Academics Director 40.00 X 112040 0 8190 1436453 0 174438 8 0 1 0 Uncommon Schools 410 Feura Bush Road Glenmont NY 12077 Program Consulting 164333 House9 Design 55 Mont-Royal O Montreal Quebec CA Graphic Design Consulting 155000 Aberdeen Asset Management Inc 1266 East Main Street Stamford CT 06902 Investment Manager 125016 EdIT Tech Support 135 West 41st Street New York NY 10036 Program Consulting 115000 Orr Associates 180 Lytton Avenue Palo Alto CA 94301 Fundraising Consultant 105650 6 240363 8669597 732692 8909960 1107326 69338 1037988 7741825 4558627 3183198 3183198 142408 3040790 23301 240363 23301 0 13200484 0 211746 4078778 8838128 8838128 1302351 675236 298346 328769 1515941 1258371 97855 159715 45708 39163 6545 161969 153059 3973 4937 180659 126462 25292 28905 3915 3915 71130 38130 33000 105650 105650 391293 391293 690181 495357 18709 176115 12686 11549 90 1047 127775 56894 37391 33490 78499 45104 22112 11283 50525 50525 127143 99338 728 27077 Taxes 43816 2217 41078 521 Classroom and Teacher S 73344 73344 Direct Fundraising and 30979 1327 29652 Printing and Publicatio 13293 5234 711 7348 5255 954 4139 162 13870240 11974307 974717 921216 769342 1010161 2461116 1898444 10882028 11580539 197925 44923 73935 92705 36638642 37458751 14454976 13666364 65477964 65751887 716682 741512 362639 377919 1079321 1119431 X 24742668 25369426 13780375 13402430 25875600 25860600 64398643 64632456 65477964 65751887 -669756 903569 0 X 0 1 X 1 0 X 4786655 2763122 5791930 12670179 8909960 34921846 4786655 2763122 5791930 12670179 8909960 34921846 10284920 24636926 1037305 57665 992254 898663 1107326 4093213 39015059 0.63150 0.61090 X 26086353 -15000 630645 630645 26071353 29545653 -3320000 630645 769945 26086353 33576403 -4030000 745895 746645 29545653 33972245 129158 525000 33576403 35395245 -1355000 746645 764645 50000 33972245 0.00000 0.99190 0.00810 0 0 0 Commonfund Natural Resources VII 513664 F Commonfund Natural Resources VIII 1278073 F Aberdeen US Private Equity II 258665 F Aberdeen US Private Equity III 1082103 F Aberdeen US Private Equity IV 2708835 F Legacy Ventures III 762035 F Legacy Ventures IV 1899723 F Legacy Ventures V 3128677 F Sankaty Credit Opportunities 658168 F TA Realty IX 4291 F TA Realty X 1259584 F Thackeray 112546 F 13666364 Zero Coupon Loan Payable 377919 377919 14187213 903569 83160 986729 13200484 0 13200484 13953400 83160 83160 13870240 0 13870240 Part V, Line 4: The earnings from the endowment fund are used to provide scholarship and general support to schools. X X X 1 Orr Associates 3000 K Street NW Washington DC 20070 Assist with Fundraising Campaigns 0 0 105650 -105650 105650 -105650 Rao's Fundraising Event 263664 240363 23301 19749 1800 1752 263664 240363 23301 19749 1800 1752 23301 0 1 Academy of Mount St Ursula 330 Bedford Park Blvd Bronx NY 10458 131740430 501(c)3 8400 Tuition Scholarships All Hallows High School (Bronx) 111 East 164th Street Bronx NY 10452 131740431 501(c)3 56300 Tuition Scholarships Aquinas High School (Bronx) 685 East 182nd Street Bronx NY 10457 131740432 501(c)3 12450 Tuition Scholarships Cardinal Hayes High School (Bronx) 650 Grand Concourse Bronx NY 10451 270670928 501(c)3 21400 Tuition Scholarships Cathedral High School (Manhattan) 350 East 56th Street New York NY 10022 270671104 501(c)3 35180 Tuition Scholarships CESA - Immaculate Conception School (151 - Bronx) 378 East 151st Street Bronx NY 10455 201965233 501(c)3 1143087 Capital grants, Tuition Scholarship and Academic & Operational Support CESA - Mount CarmelHoly Rosary School (Manhattan) 371 Pleasant Avenue New York NY 10035 201965233 501(c)3 624186 Capital grants, Tuition Scholarship and Academic & Operational Support CESA - Our Lady Queen of Angels School (Manhattan) 229 East 112th Street New York NY 10029 201965233 501(c)3 333754 Capital grants, Tuition Scholarship and Academic & Operational Support CESA - Sacred Heart School 1248 Nelson Ave Bronx NY 10452 201965233 501(c)3 1201391 Capital grants, Tuition Scholarship and Academic & Operational Support CESA - St Athanasius School (Bronx) 830 Southern Boulevard Bronx NY 10459 201965233 501(c)3 840821 Capital grants, Tuition Scholarship and Academic & Operational Support CESA - St Mark the Evangelist School 55 West 138th Street New York NY 10037 201965233 501(c)3 1101227 Capital grants, Tuition Scholarship and Academic & Operational Support Children's Scholarship Fund 8 West 38th Street New York NY 10018 134002189 501(c)3 2726056 Tuition Scholarship College of St Francis Xavier 30 West 16th Street New York NY 10011 135562201 501(c)3 10000 Tuition Scholarships CSR of Northeast - East Bronx - Santa Maria School 1510 Zerega Avenue Bronx NY 10462 463252567 501(c)3 5300 Tuition Scholarships Fordham Preparatory School 441 East Fordham Rd Bronx NY 10458 132660346 501(c)3 9430 Tuition Scholarships Inner-City Scholarship Fund 1011 First Avenue New York NY 10022 510453629 501(c)3 50000 Tuition Scholarships La Salle Academy 215 East 6th Street New York NY 10003 135562179 501(c)3 36800 Tuition Scholarships Monsignor Scanlan High School (Bronx) 915 Hutchinson River Parkway Bronx NY 10465 132679883 501(c)3 14200 Tuition Scholarships Preston High School (Bronx) 2780 Schurz Avenue Bronx NY 10465 131853768 501(c)3 10900 Tuition Scholarships St Catherine Academy 2250 Williamsbridge Rd Bronx NY 10469 131641077 501(c)3 18300 Tuition Scholarships St Ignatius School 740 Manida Street Bronx NY 10474 133875918 501(c)3 17645 Tuition Scholarships St Jean Baptiste High School (Manhattan) 173 East 75th Street New York NY 10021 132693089 501(c)3 28400 Tuition Scholarships St Raymond Elementary School (Bronx) 2380 East Tremont Avenue Bronx NY 10462 463252567 501(c)3 475000 Tuition Scholarships St Raymond High School for Boys (Bronx) 2151 St Raymond Avenue Bronx NY 10462 131958475 501(c)3 7200 Tuition Scholarships Transfiguration School (Manhattan) 29 Mott Street New York NY 10013 132693383 501(c)3 25000 Tuition Scholarships 25 0 Part I, Line 2: The different types of grants are monitored in different ways. Scholarships are paid out against invoices and / or verification that students are enrolled and in attendance for the year. Academic and Programmatic expenses are paid out against satisfactory performance of contracts. Schools finances are monitored by the Partnership staff in relation to funding needed. Projects funded by capital grants are monitored by the Partnership's Director of Facilities and funds are paid out against certificates of completion or other contractual evidence of completion. X 1 0 X X 0 0 0 0 0 0 0 0 0 Jill Kafka Executive Director 296366 0 0 0 0 0 25846 0 23929 0 346141 0 0 0 Karen McSherry CFO 171578 0 0 0 0 0 17107 0 8189 0 196874 0 0 0 George Grenier Director of Facilities 183999 0 0 0 0 0 16760 0 992 0 201751 0 0 0 Kathleen Porter-Magee Chief Academic Officer 255912 0 0 0 0 0 0 0 24036 0 279948 0 0 0 Kwame Miller Chief Operating Officer 171392 0 0 0 0 0 15289 0 8189 0 194870 0 0 0 Part I, Line 1a An allowance for travel and accommodation is provided to employees who work remotely and reside outside daily commuting distance to New York City. Part I, Line 1b Expenses are reviewed periodically against receipts and adjustments to the allowance are made based on actual and expected travel. The allowance amount is approved by the Executive Director. X 6 732692 Fair Market Value 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the 990 is sent to the Board by e-mail before filing. Form 990, Part VI, Section B, line 12c Board members are required to disclose potential conflicts each year. The policy is monitored through, and disclosures are reviewed by, the Audit Committee, with any potential conflicts reported to the Board. Form 990, Part VI, Section B, line 15 The Chairman and President review compensation for similar roles across a large universe of comparable organizations and then make the compensation decision. The Chairman and President also conduct performance reviews annually with the Executive Director. The Executive Director conducts reviews with key employees on an annual basis. Form 990, Part VI, Section C, line 19 All governing documents including the conflict of interest policy and audit reports are available upon request.