2018-11-06T08:24:05-06:00 2018-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2017-07-01 473093274 BOSTON SCHOOLS FUND INC BOST 6172164567 31 HEATH STREET NO 9 BOSTON MA 02130 WILL AUSTIN FOUNDER & CHIEF EXECUTIVE OFFICER 6172164567 2018-11-05 1 THOMAS WASHBURN CPA P00537319 5083669100 2018-11-05 64.238.141.162 2018-11-05 15:05:36 ES P F4247996A0DFD92197EA51AEF4558D040C319DAA D0D11AF730C84EA989067D997D1D7D43B936B30F 2017 2019-02-21 02:37:17Z WILLIAM AUSTIN 31 HEATH STREET SUITE 9 BOSTON MA 02130 2331929 0 X WWW.BOSTONSCHOOLSFUND.ORG X 2015 MA BOSTON 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. 5 4 4 10 0 0 4623918 2327750 0 0 796 4179 0 0 4624714 2331929 890701 1295022 0 0 473271 571112 0 0 104438 121618 588332 1485590 2454466 3139124 -122537 4110075 3942592 52355 7409 4057720 3935183 BSF 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. 0 0 1720066 1295022 0 SCHOOLS-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. 484247 0 0 BOSTON 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. 23000 0 0 POLICY-BSF SUPPORTS CITYWIDE POLICY INITIATIVES THAT MAKE IT EASIER FOR FAMILIES TO ACCESS HIGH-QUALITY SCHOOLS IN BOSTON. 2227313 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X WILL AUSTIN CHIEF EXECUTIVE OFFICER 6172164567 31 HEATH STREET NO 9 BOSTON MA 02130 WILLIAM AUSTIN FOUNDER & CEO 50.00 X X 173605 0 19751 JILL SHAH DIRECTOR 5.00 X 0 0 0 KATIE EVERETT CHAIR 5.00 X X 0 0 0 JEFF NAYLOR DIRECTOR 1.00 X 0 0 0 MICAH SAGEBIEL DIRECTOR 1.00 X 0 0 0 BENJAMIN WELLS COO THRU JANUARY 2018 50.00 X 138145 0 19751 BRYANT WEINBERG-JONES CHIEF INVESTMENT OFFICER 50.00 X 124500 0 873 436250 0 40375 3 0 1 0 SMARTLING INC 1375 BROADWAY ST 14TH FL NEW YORK NY 10018 TRANSLATION SERVICES 163529 1 2327750 2327750 4179 4179 2331929 0 0 4179 X 1295022 1295022 440713 333354 45532 61827 89500 52925 9975 26600 3023 1713 603 707 37876 27618 3850 6408 419 250 169 33925 33925 458657 457304 1353 15173 10978 1998 2197 27411 14982 10452 1977 17730 9752 4727 3251 31517 23415 6631 1471 3500 3500 2454466 2227313 122715 104438 110985 64964 3406733 3760095 586000 105000 2499 8548 6773 2788 3858 3985 4110075 3942592 2355 7409 50000 52355 7409 X 1298095 2830183 2759625 1105000 4057720 3935183 4110075 3942592 -122537 0 X X 0 1 X 1 0 X 125000 2543000 4623918 2327750 9619668 125000 2543000 4623918 2327750 9619668 6152956 3466712 4 917 796 4179 5896 9625564 X SCHEDULE A, PART II, SECTION B, LINE 13: BSF WAS INCORPORATED ON 2/6/2015. THUS, THIS 2017 TAX FILING IS FOR BSF'S FOURTH TAX YEAR AS A SECTION 501(C)(3) ORGANIZATION. 6773 2788 3985 3985 X 2344329 12400 12400 2331929 0 2331929 2466866 12400 12400 2454466 0 2454466 PART X, LINE 2: BSF 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, 2018. 1 BROOKE SCHOOL FOUNDATION INC C/O FRANCIS D CASH 190 CUMMINS HIGHWAY ROSLINDALE MA 02131 300015324 501C3 283000 SUPPORT THE DEVELOPMENT OF BROOKE HIGH SCHOOL NEW MISSION HIGH SCHOOL 655 METROPOLITAN AVE HYDE PARK MA 02136 043241676 160500 SUPPORT THE DEVELOPMENT OF NEW MISSION BOSTON INTERNATIONAL HIGH SCHOOLNEWCOMERS' ACADEMY 100 MAXWELL ST BOSTON MA 02124 043241676 26300 SUPPORT THE DEVELOPMENT OF BINCA ANOTHER COURSE TO COLLEGE HIGH SCHOOL 612 METROPOLITAN AVE HYDE PARK MA 02136 043241676 21500 SUPPORT THE DEVELOPMENT OF ACC HARVARD-KENT ELEMENTARY SCHOOL 50 BUNKER HILL ST CHARLESTOWN MA 02129 046001138 18390 SUPPORT THE DEVELOPMENT OF HR CHARLESTOWN BOSTON EDUCATIONAL DEVELOPMENT FUND (FOR MILDRED ACT-8) 7 PALMER ST SUITE 2 BOSTON MA 02119 222514422 501C3 50000 SUPPORT THE DEVELOPMENT OF MILDRED AVE. K-8 EDWARD M KENNEDY ACADEMY FOUNDATION INC 360 HUNTINGTON AVE 102 CA BOSTON MA 02115 272438940 501C3 90800 SUPPORT EMK FOUNDATION (STILING) FRIENDS OF EXCEL ACADEMY 58 MOORE STREET EAST BOSTON MA 02128 300211613 501C3 129200 SUPPORT THE DEVELOPMENT OF EXCEL ACADEMY NEIGHBORHOOD HOUSE CHARTER SCHOOL 21 QUEEN STREET DORCHESTER MA 02122 043462888 501C3 151500 SUPPORT THE DEVELOPMENT OF NHCS KIPP MASS INC 90 HIGH ROCK ST LYNN MA 01902 464881350 501C3 50000 SUPPORT THE DEVELOPMENT OF KIPP MASS CHARLES H TAYLOR SCHOOL 1060 MORTON ST BOSTON MA 02126 046001138 53166 SUPPORT THE DEVELOPMENT OF TAYLAR SCHOOL WILLIAM ELLERY CHANNING ELEMENTARY SCHOOL 35 SUNNYSIDE ST HYDE PARK MA 02136 046001138 53166 SUPPORT THE DEVELOPMENT OF CHANNING SCHOOL OLIVER HAZARD PERRY SCHOOL 745 E 7TH ST SOUTH BOSTON MA 02127 046001138 25000 SUPPORT THE DEVELOPMENT OF PERRY SCHOOL ACADEMY OF THE PACIFIC RIM CHARTER SCHOOL FUNDRAISING INC 1 WESTINGHOUSE PLAZA HYDE PARK MA 02136 043286025 501C3 82500 SUPPORT THE DEVELOPMENT OF APR PREPARATORY FOUNDATION INC 1286 HYDE PARK AVE HYDE PARK MA 02136 113690799 501C3 100000 SUPPORT THE DEVELOPMENT OF BOSTON PREP 8 PART I, LINE 2: BSF'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. X 0 0 0 0 0 0 0 0 0 WILLIAM AUSTIN FOUNDER & CEO 173605 0 0 0 0 0 0 0 19751 0 193356 0 0 0 BENJAMIN WELLS COO THRU JANUARY 2018 138145 0 0 0 0 0 0 0 19751 0 157896 0 0 0 PART I, LINE 3 THE 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 B, LINE 11B A 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 12C ON AN ANNUAL BASIS, THE MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INETREST FORM, WHEREBY ANY CONFLICTS ARE REQUIRED TO BE DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE 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 18 BSF'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 19 BSF'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,353. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,353. BOSTON SCHOOLS FINDER SUPPORT: PROGRAM SERVICE EXPENSES 434,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 434,304. POLICY SUPPORT: PROGRAM SERVICE EXPENSES 23,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,000. 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 2017.