2016-04-04T15:55:40-05:00 2015-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2014-07-01 112656137 THE FUND FOR PUBLIC SCHOOLS INC % ELIZABETH BARR CAO FUND 2123746921 52 CHAMBERS STREET ROOM 305 NEW YORK NY 10007 Elizabeth Barr Chief Administrative Officer 2123746809 2016-04-01 true JULIE FLOCH P00736879 2129498700 2014 2016-08-17 19:52:53Z ELIZABETH BARR CAO 52 CHAMBERS STREET RM 305 NEW YORK NY 10007 27830446 false X www.fundforpublicschools.org X 1982 NY THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO IMPROVING NEW YORK CITY'S PUBLIC SCHOOLS BY ATTRACTING PRIVATE INVESTMENT FOR TRANSFORMATIVE PROGRAMS. 10 8 15 0 0 31443747 21761313 0 0 793455 1129053 0 0 32237202 22890366 31550819 24906140 0 0 1021042 1003499 0 0 146333 284292 2651820 32856153 28561459 -618951 -5671093 53745231 45016518 14416844 11985894 39328387 33030624 THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO IMPROVING NEW YORK CITY'S PUBLIC SCHOOLS BY ATTRACTING PRIVATE INVESTMENT FOR TRANSFORMATIVE PROGRAMS. false false 24918002 24906140 The Fund for Public Schools facilitates private-sector grants to finance programs aimed at improving student achievement within the NYC Department of Education. The Fund provides critical funding for innovative initiatives throughout the city's public schools. The Fund provides grants and other support to the Department of Education for these purposes. 24918002 true true false false false false false false false true true false false false false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 285 0 true 15 true false false false false false false false false false false X 10 8 false false false false false false false true true false false true true true true true true true true false NJ NY X X ELIZABETH BARR CAO 2123746921 52 CHAMBERS STREET RM 305 NEW YORK NY 10007 X CARMEN FARINA CHAIR 2.0 0.0 X X 0 0 0 STEVE STRONGIN TREASURER 2.0 0.0 X X 0 0 0 LISA PLEPLER SECRETARY 2.0 0.0 X X 0 0 0 CHRIS KOJIMA DIRECTOR 2.0 0.0 X 0 0 0 TONDRA LYNFORD DIRECTOR (FROM 10/14) 2.0 0.0 X 0 0 0 LEN RIGGIO DIRECTOR (FROM 10/14) 2.0 0.0 X 0 0 0 JEROLD ROSS DIRECTOR (FROM 10/14) 2.0 0.0 X 0 0 0 DENNIS WILLIAMS DIRECTOR 2.0 0.0 X 0 0 0 KATHY WYLDE DIRECTOR (FROM 10/14) 2.0 0.0 X 0 0 0 JONATHAN HARBER DIRECTOR (FROM 01/15) 2.0 0.0 X 0 0 0 IRIS CHEN EXEC. DIRECTOR (FROM 08/14) 35.0 0.0 X 68308 0 2500 LYDIA ST MARIE TOMMY CFO (TO 10/14) 35.0 0.0 X 121988 0 5771 ELIZABETH LARSON MANAGING DIRECTOR (TO 09/14) 35.0 0.0 X 85987 0 34299 ELIZABETH BARR CHIEF ADMINISTRATIVE OFFICER 35.0 0.0 X 22292 0 2569 298575 0 45139 1 false false false NYC LEADERSHIP ACADEMY 45-18 COURT SQ ROOM 247 LONG ISLAND CITY NY 11101 EDUCATIONAL CONSULT 1026060 THE NEW TEACHER PROJECT 186 JORALEMON STREET SUITE 300 BROOKLYN NY 11201 EDUCATIONAL CONSULT 628701 BANK STREET COLLEGE OF EDUCATION 610 WEST 112TH STREET NEW YORK NY 10025 EDCUATIONAL CONSULT 600000 GODDARD RIVERSIDE COMMUNITY CENTER 593 COLUMBUS AVENUE NEW YORK NY 10024 EDUCATIONAL CONSULT 510446 BELL FOUNDATION 60 CLAYTON STREET DORCHESTER MA 02122 EDUCATIONAL CONSULT 431139 5 21761313 9906 21761313 0 1268007 1268007 0 0 0 0 0 4801126 4940080 -138954 -138954 -138954 0 0 0 0 22890366 1129053 24906140 24906140 0 0 0 316782 212260 104522 0 517028 9793 507235 38419 33193 5226 65969 654 59077 6238 65301 1106 64195 0 0 40000 40000 0 0 0 2535415 2512427 22988 0 0 0 0 0 9020 3314 5706 0 0 0 0 0 13841 13841 PROFESSIONAL DEVELOPMENT 5326 3718 1608 MISCELLANEOUS 48218 309 47864 45 28561459 24918002 3497124 146333 0 0 3325081 2358188 10185009 6643764 0 0 0 0 0 0 0 0 0 0 0 0 15465 14912 682 553 40216253 35941042 0 0 0 0 0 0 18206 72971 53745231 45016518 208051 152566 14208793 11833328 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14416844 11985894 X 4158274 3810996 34691118 28728133 478995 491495 39328387 33030624 53745231 45016518 -5671093 -626670 X false true X true false X 19338303 21305578 47710374 31443747 21761313 141559315 0 0 19338303 21305578 47710374 31443747 21761313 141559315 60142353 81416962 321431 622757 812148 793780 1268007 3818123 0 0 145377438 0.56004 0.59261 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 567768 12500 8459 9290 579437 522590 12500 41333 8655 567768 912394 25000 41999 456803 522590 909740 25000 30107 52453 912394 791495 75000 43245 909740 0.84823 0.15177 false false 15465 14912 553 553 0 0 X 22711161 -626670 447465 -179205 22890366 22890366 29008924 447465 447465 28561459 28561459 FORM 990, SCHEDULE D, PART V THE FUND'S ENDOWMENT FUNDS CONSIST OF SIX DONOR RESTRICTED FUNDS, ESTABLISHED TO SUPPORT EDUCATIONAL SERVICES AND SCHOLARSHIPS FORM 990, SCHEDULE D, PART X, LINE 2 The Fund is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax-exempt status, ASC Topic 740 has not had, and is not anticipated to have, a material impact on the Organization's financial statements. true NYC DEPARTMENT OF EDUCATION 52 CHAMBERS STREET NEW YORK NY 10007 24906140 FMV NONE SYSTEM-WIDE REFORMS 1 FORM 990, SCHEDULE I, PART I, LINE 2 WHEN A GRANT IS MADE BY A DONOR TO THE FUND, THE DEPARTMENT OF EDUCATION IS NOTIFIED AND THE STAFF WORKS TO REVIEW THE TERMS, BUDGET, TIMELINESS AND OUTCOMES OF THE GRANT WITH THE DOE PARTNERS. IN ADDITION, A SCHEDULE FOR REGULAR REPORTS IS ESTABLISHED TO REVIEW PROGRESS ON THE GOALS AND THE BUDGET. REPORTING FREQUENCY IS GENERALLY NOT LESS THAN QUARTERLY; ALTHOUGH SOME GRANTS REQUIRE MORE FREQUENT REVIEW. THE FINANCE STAFF GENERATE BUDGET REPORTS FOR EACH GRANT IN ACCORDANCE WITH THE SCHEDULE. REVIEWS ARE CONDUCTED BY BOTH THE FUND'S PORTFOLIO/DEVELOPMENT STAFF AND THE FINANCE STAFF TO ENSURE EXPENSES ARE WITHIN BUDGET AND IN ACCORDANCE WITH GRANT AGREEMENTS SIGNED WITH THE DONOR. A WEEKLY REVIEW OF A SELECT GROUP OF GRANTS IS ALSO CONDUCTED THROUGHOUT THE YEAR. FORM 8868 APPLICATION FOR AN EXTENSION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN WAS FILED. FORM 990, PART VI, SECTION A, QUESTION 2 TWO BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION A, QUESTION 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE WHICH THEN APPROVES BRINGING THE FORM AND AUTHORIZING RESOLUTION TO THE FULL BOARD FOR APPROVAL BEFORE FILING WITH THE APPROPRIATE REGULARTORY AGENCIES. FORM 990, PART VI, SECTION B, QUESTION 12C THE FUND HAS A CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF DIRECTORS. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE OF THE BOARD SHALL SIGN A STATEMENT ON AN ANNUAL BASIS THAT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THIS POLICY, THAT THEY HAVE READ THE POLICY AND THAT THEY AGREE TO COMPLY WITH THE POLICY. ALL DIRECTORS ARE ALSO REQUIRED TO IMMEDIATELY DISCLOSE A FINANCIAL INTEREST WHICH POSES A CONFLICT. BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, QUESTION 15B THE PRIMARY OBJECTIVE OF THE POLICY IS TO DETAIL A STRATEGIC COMPENSATION SYSTEM WHICH FORMS A LINK BETWEEN ORANIZATIONAL OBJECTIVES AND BUSINESS METRICS WHILE BALANCING THE EXPECTATIONS OF THE EMPLOYEES AND THE COSTS OF THE FUND. THE FUND USES COMPARABLE NONPROFIT ORGANIZATIONS TO BENCHMARK PAY, BUT ALSO CONSIDERS THE MARKET FOR TALENT MAY BE BROADER THAN THIS GROUP. INFORMATION FROM ADDITIONAL MARKET SEGMENTS, PRIVATE FOUNDATIONS, AND PUBLISHED NONPROFIT COMPENSATION SURVEYS WILL BE USED AS A SUPPLEMENT. IN GENERAL, THE FUND'S TOTAL COMPENSATION, INCLUDING BENEFITS, IS DESIGNED TO BE FLUID AND FLEXIBLE SO THAT COMPENSATION CAN BE BASED ON EXPERIENCE, PERFORMANCE, AND BUSINESS NEED TO ATTRACT AND RETAIN SPECIFIC TALENT. THE AUDIT COMMITTEE OF THE BOARD ASSISTS THE BOARD IN FULLIFILLING ITS OVERSIGHT RESPONSIBILITIES RELATING TO THE COMPENSATION AND BENEFITS OF THE CEO AND THE CFO; AND PROVIDES RECOMMENDATIONS REGARDING MANAGEMENT SUCCESSORS. THE COMMITTEE REVIEWS AND RECOMMENDS TO THE BOARD THE SALARY AND ANNUAL MERIT ADJUSTMENTS FOR THE CEO, THE CFO, AND SELECTED KEY EXECUTIVES. FORM 990, PART VI, SECTION C, QUESTION 19 THE FUND'S FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FROM THE PUBLIC AS WELL AS BEING AVAILABLE ON THE FUND'S WESBITE. THE FUND'S ANNUAL TAX RETURN IS MADE AVAILABLE ON ITS WEBSITE. THE FUND'S FINANCIAL STATEMENTS AND FORM 990 INFORMATION IS ALSO AVAILABLE THROUGH CHARITY NAVIGATOR, BETTER BUSINESS BUREAU AND GUIDESTAR.