2014-02-27T08:39:52-06:00 2013-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2012-07-01 112656137 THE FUND FOR PUBLIC SCHOOLS INC % LYDIA ST MARIE TOMMY CFO FUND 2123746921 52 CHAMBERS STREET Suite 305 NEW YORK NY 10007 LYDIA ST MARIE TOMMY 2123746921 2014-02-26 true JULIE FLOCH 2129498700 2012 2015-11-30 17:44:51Z JULIA BATOR 52 CHAMBERS STREET RM 305 NEW YORK NY 10007 57131545 false X www.schools.nyc.gov/fundforpublicshools.org X 1982 NY THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO IMPROVING NEW YORK CITY'S PUBLIC SCHOOLS BY ATTRACTING PRIVATE INVESTMENT IN SCHOOL REFORM. 11 11 13 0 0 21305578 47710374 0 0 729832 761969 0 0 22035410 48472343 25010499 34585802 0 0 765839 1038833 0 0 389466 210656 661158 25986994 36285793 -3951584 12186550 38236023 54661562 10092453 15212498 28143570 39449064 THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO IMPROVING NEW YORK CITY'S PUBLIC SCHOOLS BY ATTRACTING PRIVATE INVESTMENT IN SCHOOL REFORM. false false 35045901 34585802 The Fund for Public Schools facilitates private-sector grants to finance educational programs within the NYC Department of Education. The Fund provides critical funding for system wide educational reform initiatives throughout the city's public schools. The Fund provides grants and other support to the Department of Education for these purposes. 35045901 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 true false false false false false false false false true false false false false false false false false true 279 0 true 13 true false false false false false false false false false false X 11 11 true false false false false false false true true false false true true true true true true true true false NJ NY X LYDIA ST MARIE TOMMY CFO 2123746921 52 CHAMBERS STREET RM 305 NEW YORK NY 10007 DENNIS WALCOTT 2.0 X X STEPHANIE DUA 2.0 X MORTIMER B ZUCKERMAN 2.0 X X JEANETTE S WAGNER 2.0 X X CHARLES H GOOGE JR 2.0 X L LONDELL MCMILLAN 2.0 X LEANNE FREMAR 2.0 X ALICIA GLEN 2.0 X GRACE HIGHTOWER DE NIRO 2.0 X DENNIS WILLIAMS 2.0 X J CHRISTOPHER KOJIMA 2.0 X JULIA BATOR 35.0 X 192023 0 10357 LYDIA ST MARIE TOMMY 35.0 X 99419 0 5393 ELIZABETH LARSON 35.0 X 110511 0 14586 401953 0 30336 2 false true false THE PARTHENON GROUP 50 ROWES WHARF 6TH FLOOR BOSTON MA 02110 MGMT CONSULTANTS 416000 THE NEW TEACHER PROJECT 186 JORALEMON STREET SUITE 300 BROOKLYN NY 11201 EDUCATIONAL CONSULT 1781756 NEW TECHNOLOGY NETWORK LLC ONE WEST FOURTH STREET CINCINNATI OH 45202 EDUCATIONAL CONSULTA 306296 BANK STREET COLLEGE OF EDUCATION 610 WEST 112TH STREET NEW YORK NY 10025 EDUCATIONAL CONSULTA 306242 UNIVERSITY OF PITTSBURGH 3939 OHARA STREET PITTSBURGH PA 15260 EDUCATIONAL CONSULTA 267200 18 4390400 43319974 366470 47710374 0 812148 812148 0 0 0 0 0 8609023 8659202 -50179 -50179 -50179 0 0 0 0 48472343 761969 34585802 34585802 0 0 0 312000 138000 174000 0 571616 47656 440683 83277 36140 27440 8700 59180 554 57059 1567 59897 7318 52579 0 0 63000 63000 0 0 0 143475 25216 118259 0 0 0 0 0 2363 361 2002 0 0 0 0 0 13332 13332 PROFESSIONAL DEVELOPMENT 4783 3303 1480 FILING FEES 775 775 BAD DEBT EXPENSE 404201 404201 MISCELLANEOUS 29229 370 28678 181 36285793 35045901 850426 389466 0 0 2838538 7758130 5900254 13971550 0 0 0 0 0 0 0 0 0 0 0 0 14635 12004 4580 2631 29478876 32910389 0 0 0 0 0 0 13775 18862 38236023 54661562 107912 194586 9984541 15017912 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10092453 15212498 X 3602626 3199095 23649449 35783474 891495 466495 28143570 39449064 38236023 54661562 12186550 -881056 X false true X true true true X 14805079 23279245 19338303 21305578 47710374 126438579 0 0 14805079 23279245 19338303 21305578 47710374 126438579 43767313 82671266 707518 293843 321431 622757 812148 2757697 0 0 129196276 0.63989 0.59800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 912394 25000 41999 456803 522590 909740 25000 30107 52453 912394 791495 75000 43245 909740 766495 25000 791495 741495 25000 766495 0.89266 0.10734 false false 14635 12004 2631 2631 0 0 X 48349832 -881056 758545 -122511 48472343 48472343 37044338 758545 758545 36285793 36285793 PURPOSE OF ENDOWMENT PART V, QUESTION 4 THE FUND'S ENDOWMENT FUNDS CONSIST OF SIX DONOR RESTRICTED FUNDS, ESTABLISHED TO SUPPORT EDUCATIONAL SERVICES AND SCHOLARSHIPS FIN 48 PART X, QUESTION 2 The Fund is subject to the provisions of Financial Accounting Standards Board's Accounting Standards Codification ("ASC") Topic 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Because of the Fund's general tax-exempt status, ASC Topic 740-10-05 has not had, and is not expected to have, a material effect on the Fund's financial statements. true NYC DEPARTMENT OF EDUCATION 52 CHAMBERS STREET NEW YORK NY 10007 34585802 FMV NONE EDUCATION 1 0 GRANT MONITORING PROCESS FORM 990, SCHEDULE I, PART I, QUESTION 2 WHEN A GRANT IS MADE BY A DONOR TO THE FUND, THE DOE 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 SENIOR ACCOUNTANT AND CFO GENERATE BUDGET REPORTS FOR EACH GRANT IN ACCORDANCE WITH THE SCHEDULE. REVIEWS ARE CONDUCTED BY BOTH THE FUND'S PORTFOLIO/DEVELOPMENT STAFF AND THE CFO TO ENSURE EXPENSES ARE WITHIN BUDGET AND IN ACCORDANCE WITH GRANT AGREEMENTS SIGNED WITH THE DONOR. A WEEKLY REVIEW ON A SELECT GROUP OF GRANTS IS ALSO CONDUCTED WITH THE CEO THROUGHOUT THE YEAR. X X X X false false false false false false false false JULIA BATOR 192023 0 0 0 0 0 0 0 10357 202380 0 0 0 X Supplies and educational materials 1 350000 FAIR VALUE X Gift cards 1 10000 FAIR VALUE X Cell phones 1 5000 FAIR VALUE X Tote bags 1 1190 FAIR VALUE X Miscellaneous 1 280 FAIR VALUE false true false FORM 8868 APPLICATION FOR AN EXTENSION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN WAS FILED. PART VI, SECTIONS A, B, AND C SECTION A, QUESTION 2 TWO BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS. SECTION A, QUESTION 11B THE FORM 990 IS REVIEWED BY THE CFO AND AUDIT COMMITTEE WHICH THEN APPROVES BRINGING THE FORM AND AUTHORIZING RESOLUTION TO THE FULL BOARD FOR APPROVAL BEFORE FILING WITH THE APPROPRIATE REGULARTORY AGENCIES. 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. SECTION B, QUESTION 15B THE FUND ADOPTED A FORMAL COMPENSATION POLICY A COUPLE OF YEARS BACK. 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 TO 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. 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.