2015-05-13T13:32:50-07:00 2014-06-30 Ledwith Houghton & Co CPAs 643 Bair Island Rd 105 Redwood City CA 94063 990 2013-07-01 931012148 PORTOLA VALLEY SCHOOLS FOUNDATION PORT 6508511777 4575 ALPINE ROAD PORTOLA VALLEY CA 94028 Heather Prelle Treasurer 2015-05-13 true JOHN R HOUGHTON CPA P01328531 6503061400 2013 2016-03-07 17:11:31Z 1393838 false false X http://www.pvschoolsfoundation.org/ X 1989 CA The Portola Valley Schools Foundation seeks to provide general financial support for the Portola Valley School District. See statement. 27 27 0 100 0 1891384 1084233 0 137080 92362 364338 75744 2392802 1252339 1481522 1131699 0 0 0 9399 91737 37096 1573259 1168795 819543 83544 4653707 5096367 0 4653707 5096367 The Portola Valley Schools Foundation seeks to provide general financial support for the Portola Valley School District. See statement. false false 1131699 1131699 The Portola Valley Schools Foundation was formed in December 1989 to raise money to supplement the funds allocated to the Portola Valley School District by the State of California and to provide Portola Valley Schools with funds to enhance educational opportunities for its students. The funds are distributed to the Portola Valley School District as requested by the School Board of Trustees consistent with the operation of a tax exempt foundation. 1131699 true true false true false false false false false true false false false false false false true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 27 27 false false false false false false false true true false false true false false false false false false false false X Heather Prelle 6508511777 4575 Alpine Road Portola Valley CA 94028 X MEGAN KOCH Director 5.00 0.00 0 0 0 Tricia Christensen President 7.00 0.00 X 0 0 0 RANDY VON FELDT President 7.00 0.00 X 0 0 0 Geoff Crouse CAMPAIGN CO-CH 7.00 0.00 X 0 0 0 Beth Gillbrand CAMPAIGN CO-CH 7.00 0.00 X 0 0 0 Lisa Hill CAMPAIGN CO-CH 7.00 0.00 X 0 0 0 SYLVIA THOMPSON Secretary 7.00 0.00 X 0 0 0 Heather Prelle CFO 7.00 0.00 X 0 0 0 Joyce Chung PAST PRESIDENT 7.00 0.00 X 0 0 0 STEPHEN CASSANI ENDOW CO CHAIR 7.00 0.00 X 0 0 0 SARAH WERNIKOFF ENDOW CO CHAIR 7.00 0.00 X 0 0 0 Aimee Armsby Director 5.00 0.00 X 0 0 0 Michelle Bellomo Director 5.00 0.00 X 0 0 0 Rob Cheney Director 5.00 0.00 X 0 0 0 Hilary Duwe Director 5.00 0.00 X 0 0 0 Ron Eastman Director 5.00 0.00 X 0 0 0 Sandi Engel Director 5.00 0.00 X 0 0 0 Jenni Farrell Director 5.00 0.00 X 0 0 0 Katherine Gilpin Director 5.00 0.00 X 0 0 0 Ty Jagerson Director 5.00 0.00 X 0 0 0 Bob Kavanaugh Director 5.00 0.00 X 0 0 0 Gregory King Director 5.00 0.00 X 0 0 0 Wendy McAdam Director 5.00 0.00 X 0 0 0 Ginger Pistilli Director 5.00 0.00 X 0 0 0 Amy Shimer Director 5.00 0.00 X 0 0 0 Tricia Suvari Director 5.00 0.00 X 0 0 0 Kim Zamboldi Director 5.00 0.00 X 0 0 0 0 false false false 0 1084233 1084233 0 92362 92362 0 0 0 0 203212 141499 61713 64488 0 0 AMAZON AUTOCREDIT 5004 5004 ESCRIP/SCHOOLPOP INCOME 9027 9027 14031 1252339 170881 1131699 1131699 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7980 1984 5996 3403 3403 0 0 0 0 0 0 0 0 6349 6349 CREDIT CARD FEES 5399 5399 CBP EXPENSES 5176 5176 HOSPITALITY 4124 4124 OUTSIDE SERVICES 3800 3800 865 865 1168795 1131699 27697 9399 142710 142052 1112084 1103834 0 0 0 0 0 0 0 0 3398913 3850479 0 0 0 2 4653707 5096367 0 0 X 1875031 2317691 2778676 2778676 4653707 5096367 4653707 5096367 83544 359116 X true X true X true false X 925617 1059512 1083231 1891384 1084233 6043977 0 0 925617 1059512 1083231 1891384 1084233 6043977 0 6043977 77964 246942 140602 137080 92362 694950 0 18276 17804 13215 14540 14031 77866 6816793 0.88660 0.87760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false Committee for Outstanding Portola V 280 Spanish Trail Portola Valley CA 94028 false 228663 228663 342995 49826 49826 57166 57166 85749 49826 49826 2678686 2678686 2278686 500000 2778686 2248676 30000 2278686 2238676 10000 2248676 2238676 2238676 false false false 1752952 359116 141497 500613 1252339 1252339 1310295 141500 141500 1168795 1168795 Part V, Line 4: Intended uses of the endowment fund. The PVSF endowment is intended to foster excellence in teaching, augment the core curriculum and promote a balanced education in the Portola Valley School District. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 SPECIAL EVENT EXPENSES $141498 ROUNDING $-1 Part XII, Line 2d: Other expenses and losses per audited F/S SPECIAL EVENT EXPENSES $141498 ROUNDING $2 false 8TH GRADE FIELD TRIP 123985 123985 126760 AUCTION/GALA 79187 79187 14739 203172 203172 141499 141499 61673 true PORTOLA VALLEY SCHOOL DISTRICT 4575 Alpine Road PORTOLA VALLEY CA 94028 1131699 0 CASH GRANT to provide general financial support 1 0 Grantmaker's Description of How Grants are Used 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 the Foundation board, the district administration and the district governing board to ensure the proper use of these funds. Client Note 1 Client Note 1 - Form 990 Part VI Other Information - Line 82bThe value of time has not been recognized as revenue and offsettingexpenses in the tax return. Due to the varying nature of the work, itis not practical for the Foundation to value such time.The value of use of facilities has not been recognized as revenue andoffsetting expenses in the tax return.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. See stmt . 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. Client Note 2 Client Note 2 - ORGANIZATION MISSIONThe 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. Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 WAS AVAILABLE TO BOARD MEMBERS ON THE ORGANIZATION'S "DROPBOX" WEBSITEBOARD MEMBERS WERE INFORMED OF THIS BY EMAIL IN A TIMELY MANNER. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available AVAILABLE IN FOUNDATION'S OFFICE AND ON PUBLIC WEBSITE at http://www.pvschoolsfoundation.org/ GOODS AND SERVICES PROVIDED IN EXCESS OF $75 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. NON CASH DONATIONS FOR AUCTION 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. SECURITIES HELD FOR INVESTMENT Endowment Funds are held in the TIFF-MUlti Asset Fund. The following is a description of that Fund:TIFF Investment Program, Inc. (TIP) is an open-end management investment company that seeks to improve the net investment returns of its members by making available a series of mutual funds, each with its own investment objectives and policies. The TIFF Multi-Asset Fund reflects the best thinking of TIFF's staff and board with respect to asset allocation policy where marketable securities are the primary focus.