2011-05-03T16:15:52-05:00 2010-06-30 RSM MCGLADREY INC 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2009-07-01 541850819 THE SEED FOUNDATION SEED 2027854123 1776 Massachusetts Ave NW No 600 WASHINGTON DC 20036 DWIGHT CRAWFORD 2027854123 2011-05-03 1 Bill Turco 3012963600 2009 2016-02-24 21:20:13Z rajiv vinnakota 1776 Massachusetts Ave NW No 600 WASHINGTON DC 20036 2994469 0 X www.SEEDFOUNDATION.COM X 1997 DC THE PURPOSES OF THE SEED FOUNDATION ARE THE ESTABLISHMENT,(continued on Schedule O) SUPPORT, AND OPERATION OF NOT-FOR-PROFIT SCHOOLS CONSISTENT WITH SECTION 501(C)(3). 23 21 34 5 0 0 5446841 2355500 277591 572758 72493 45241 0 5796925 2973499 719633 10928427 0 2178017 1920524 17018 612490 1164448 809427 4062098 13675396 1734827 -10701897 21619275 4637037 6574009 159395 15045266 4477642 The SEED Foundation is a national nonprofit that partners with urban communities to provide innovative educational opportunities that prepare underserved students for success in college and beyond. 0 0 12195219 10847013 572758 The Seed Foundation made progress in the development of three additional sites in ohio, florida, and tennessee. the foundation continues to manage the growth of the seed school of maryland. Total expenses include the campus asset transfer to the SEED School of Maryland. 240348 Improve seed school educational program model. The seed foundation has arranged for educators at our two schools the opportunity to exchange ideas and best practices. This was done at our annual seed summit. 249016 81414 Support SEED School graduates in their transition to college. SEED celebrated its second group of college graduates. 12684583 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 1 34 1 0 0 0 0 0 0 0 0 0 23 21 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 DC X DWIGHT CRAWFORD 2027854123 1776 Massachusetts Ave NW No 600 WASHINGTON DC 20036 derek abruzzese 2.00 X 0 0 0 Aviva Budd 2.00 X 0 0 0 CINDY CAPLAN 2.00 X 0 0 0 leslie crutchfield 2.00 X 0 0 0 Thomas J Downey 2.00 X 0 0 0 charles dwyer 2.00 X 0 0 0 Vasco Fernandes 2.00 X 0 0 0 Ann B Friedman 2.00 X 0 0 0 Dean Garfield 2.00 X 0 0 0 NANCY LANE 2.00 X 0 0 0 JACK LAPORTE 2.00 X 0 0 0 Glen Lewy 2.00 X 0 0 0 Marc Miller 2.00 X 0 0 0 Patricia Modell 2.00 X 0 0 0 Virginia W Newmyer 2.00 X 0 0 0 Lou Perez 2.00 X 0 0 0 mitchell rales 2.00 X 0 0 0 Michael G Ryan 2.00 X 0 0 0 Lisbeth Schorr 2.00 X 0 0 0 Eileen Shields-West 2.00 X 0 0 0 David Webb 2.00 X 0 0 0 ERIC ADLER 40.00 X X 159439 0 15700 Rajiv Vinnakota 40.00 X X 157574 0 15700 DWIGHT CRAWFORD 40.00 X 136784 0 14927 PyPER DAVIS 40.00 X 106678 0 14093 cheye calvo 40.00 X 109580 0 9338 Amy Kant 40.00 X 126815 0 7567 Gerald Kountz 40.00 X 108650 0 0 905520 0 77325 7 0 1 0 dla piper llp 111 south calvert street ste 1950 baltimore MD 212026193 Legal 146889 Regan Associates LLC 698 Pine Street Herndon VA 20170 Construction Management 138000 2 2355500 41428 2355500 school fee 900099 572758 572758 572758 40583 40583 25628 20970 4658 4658 4658 2973499 572758 0 45241 10847013 10847013 81414 81414 329600 329600 1360050 886482 473568 48612 27725 11765 9122 58915 33600 14259 11056 123347 67933 22699 32715 132 132 38319 38319 90000 90000 17018 17018 33073 33073 4985 4985 75533 40117 35416 41332 34236 7096 134877 134877 33676 28954 4722 28639 24382 4257 238103 238103 13602 13602 OHIO PROJECT 42216 42216 OTHER EXPENSES 34940 22405 12535 13675396 12684583 378323 612490 810227 982821 2357478 462287 59295 87547 10658 26751 351874 132405 15893521 219469 1323895 1458402 1164201 1399760 21619275 4637037 1068179 159395 5224138 281692 0 6574009 159395 X 11249668 2322628 3795598 2155014 15045266 4477642 21619275 4637037 X 0 1 1 X 0 X 2071518 4485651 10547657 5446841 2355500 24907167 2071518 4485651 10547657 5446841 2355500 24907167 10300614 14606553 86097 150000 143786 72493 40583 492959 25400126 1929179 0.57510 0.53300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 211165 118965 92200 140709 13440 127269 219469 deposits 32599 due from the md school 1126076 due from the dc school 241085 1399760 2973499 13675396 -10701897 134273 134273 -10567624 26224276 134273 27801 23088703 23250777 2973499 0 2973499 22317614 27801 8614417 8642218 13675396 0 13675396 Part X: Description of Uncertain Tax Positions Under FIN 48: The Foundation follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained upon examination by the taxing authorities, based upon the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Foundation's tax position and concluded that the Foundation had taken no uncertain positions that require adjustments to the consolidated financial statements to comply with the provisions of this guidance. With few exceptions, the entities are no longer subject to U.S. federal income tax examinations by tax authorities for years before 2007. Part XII, Line 2d - Other Adjustments: Consolidated activites from related entity included in the FS: 23088703. Part XIII, Line 2d - Other Adjustments: Consolidated activites from related entity included in the FS: 8614417. X X X 1 Martha Webb Development consulting 0 0 5118 -5118 DesignEng Annual report design 0 0 6000 -6000 11118 -11118 DC 1 The SEED School of Maryland 200 Font Hill Ave BALTIMORE MD 21223 061818759 501(C)(3) 1607070 9239943 fmv building & construction in progress ASSISTANCE WITH STARTUP OF SCHOOL 1 College Scholarship 22 81414 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The SEED Foundation scholarships are only available to SEED school seniors enrolling in a full-time undergraduate program at an accredited college or university for the 2009-2010 academic year. An applicant must be a senior at The SEED School of Washington, DC. SEED scholarship recipients are selected in the spring prior to entering college. Applications are due no later than March 1, 2009. Applicants that submit completed applications by the specified due date will be contacted by the SEED Foundation to arrange for an in-person interview with a member of the SEED scholarship committee. Scholarship winners are selected on the basis of their applications, essays, recommendations, interviews, and a list of additional scholarships for which students are actively applying or have already received. X X 0 0 0 0 0 0 0 0 0 ERIC ADLER 156559 0 0 0 2880 0 4944 0 10756 0 175139 0 0 0 Rajiv Vinnakota 154394 0 0 0 3180 0 4944 0 10756 0 173274 0 0 0 DWIGHT CRAWFORD 133964 0 0 0 2820 0 4171 0 10756 0 151711 0 0 0 X 3 41428 FMV 0 1 0 Form 990, Part VI, Section A, line 2 Mitchell Rales and Michael G. Ryan - Business relationship Form 990, Part VI, Section A, line 6 THE SEED FOUNDATION HAS TWO MEMBERS, ERIC ADLER AND Rajiv Vinnakota. Form 990, Part VI, Section A, line 7a THE ORGANIZATION'S TWO MEMBERS, ERIC ADLER AND Rajiv Vinnakota, may elect new directors and must approve all new directors. Form 990, Part VI, Section B, line 11 The SEED Foundation Form 990 will be initially reviewed by its Chief Financial Officer. It will then be reviewed by the Board of Director's Finance Committee chairman. After the Finance Chair review a copy of the Form 990 will be sent to the entire Finance Committee. A final draft of the Form 990 will be distributed to The SEED Foundation's entire Board of Directors before it is filed. Form 990, Part VI, Section B, line 12c From Conflict of Interest policy document. Section 6.01 Each Covered Person shall annually sign a statement which affirms that such Person: 1. has received a copy of the conflict of interest policy; 2. has read and understands the policy; 3.has agreed to comply with the policy; and 4.understands that the Foundation and its subsidiaries are charitable organizations and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Form 990, Part VI, Section B, line 15 The SEED Foundation Board of Directors approve the compensation of its officers, directors and key employees as part of approving the annual budget. Members of the Board of Directors receive no compensation. The Board of Directors set the compensation for officers and key employees by considering two factors: 1) an informal market analysis of comparable positions 2) what the organization can afford to pay based on its budget constraints. Form 990, Part VI, Section C, line 19 The Foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request. the seed public charter school of washington dc 4300 C Street SE washington DC 20019 522099612 boarding school DC 501(c)(3) 2 N/A the seed school of maryland 200 font hill avenue baltimore MD 21223 061818759 boarding school MD 501(c)(3) 2 N/A 0 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 Seed School of maryland K 194000 Seed School of maryland Q 9239943 Seed School of maryland I 980000 seed School of maryland B 1597070 Seed School of DC K 380000 seed School of maryland D 25000000