2024-04-17T09:17:32-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-07-01 473093274 BOSTON SCHOOLS FUND BOST 6174197100 53 STATE STREET 500 BOSTON MA 02109 WILLIAM AUSTIN FOUNDER & CHIEF EXECUTIVE OFFICER 6174197100 2024-04-08 1 WILLIAM AUSTIN 999009999 0 DANIELLE NIHILL P01350943 7819821001 2024-03-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM AUSTIN 53 STATE STREET 500 BOSTON MA 02109 1912340 0 X HTTPS://WWW.BOSTONSCHOOLSFUND.ORG/ X 2015 MA BSF PROVIDES GRANTS AND TECHNICAL ASSISTANCE TO BOSTON SCHOOLS AND NON-PROFIT ORGANIZATIONS, ANALYZES AND SHARES BOSTON SCHOOL DATA AND INFORMATION OF THE PUBLIC, AND SUPPORTS PUBLIC POLICIES IN SUPPORT OF THIS MISSION AND VISION. 6 5 12 5 0 0 2441416 1908684 0 0 2790 3656 0 0 2444206 1912340 809684 720445 0 0 1201961 1478544 0 0 150187 640785 480527 2652430 2679516 -208224 -767176 2706473 1954877 48659 64239 2657814 1890638 X BOSTON SCHOOLS FUND (BSF) IS A NON-PROFIT ORGANIZATION THAT ADVANCES EDUCATIONAL EQUITY THROUGH OPPORTUNITY AND ACCESS TO HIGH-QUALITY SCHOOLS. THE BSF TEAM WAKES UP EVERY DAY WITH ONE GOAL: INCREASE THE NUMBER OF CHILDREN IN BOSTON ATTENDING A HIGH-QUALITY SCHOOL. WE ACCOMPLISH THIS BY PROVIDING CAPACITY AND RESOURCES FOR HIGH-QUALITY SCHOOLS TO EXPAND AND IMPROVE; SHARING DATA AND INFORMATION; COLLABORATING WITH FAMILIES AND PARTNERS; INFLUENCING POLICY; AND COMMITTING TO VALUES OF DIVERSITY, EQUITY, INCLUSION, AND ANTI-RACISM IN OUR WORK. WE HAVE WORKED CLOSELY WITH CITY AND STATE LEADERS TO ENSURE THAT BOSTON ADVANCES POLICIES WHICH EXPAND ACCESS TO HIGH-QUALITY SCHOOLS FOR HISTORICALLY MARGINALIZED STUDENTS. 0 0 1123805 488719 SCHOOL INVESTMENT - INCLUDES ALL OF BSF'S FINANCIAL AND NON-FINANCIALSUPPORT OF HIGH-QUALITY, BOSTON-BASED SCHOOLS, THAT SERVE A HIGHPROPORTION OF ECONOMICALLY DISADVANTAGED STUDENTS, BLACK AND/OR LATINOSTUDENTS, STUDENTS WITH DISABILITIES, OR ENGLISH LEARNERS, AS THEY PLANFOR GROWTH AND EXECUTE EXPANSION OR REDESIGN PLANS. 657114 200000 POLICY AND ADVOCACY - INCLUDES ALL OF BSF'S FINANCIAL AND NON-FINANCIALSUPPORT TO COMMUNITY-BASED ORGANIZATIONS TO ADVANCE EDUCATION AS APRIMARY ISSUE FOR BOSTON RESIDENTS AND SUPPORT POLICIES THAT WILL DRIVEGREATER ACCESS FOR BOSTON'S FAMILIES TO HIGH-QUALITY SCHOOLS,ESPECIALLY THOSE WHO HAVE THE LEAST ACCESS TODAY. 549384 31726 DATA AND RESEARCH - INTENDED TO PERFORM RESEARCH, BUILD ORGANIZATIONAL DATA CAPACITY, AND MAINTAIN BOSTON SCHOOL FINDER WEB TOOL TO ASSIST FAMILIES IN LEARNING ABOUT SCHOOLS AND FINDING THE SCHOOL THAT BEST MEETS THEIR NEEDS. 2330303 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 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 15 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 MA X RANA KANNAN 6174197100 53 STATE STREET SUITE 500 BOSTON MA 02109 WILLIAM AUSTIN FOUNDER & CEO 40.00 X X 211548 0 24677 RANA KANNAN CHIEF OPERATING OFFICER 40.00 X 186840 0 24677 KERRY DONAHUE CHIEF STRATEGY OFFICER 40.00 X 186840 0 8998 NATALYA SUBBOTINA DIRECTOR OF OPERATIONS 40.00 X 117565 0 8998 MEGHAN O'KEEFE MANAGING DIRECTOR OF INVESTMENT 40.00 X 160073 0 8998 LISA JACKSON CHAIR 5.00 X X 0 0 0 ANDREA WOLFE SECRETARY 2.00 X X 0 0 0 STEPHEN CHAN DIRECTOR 2.00 X 0 0 0 TAMMY TAI DIRECTOR 2.00 X 0 0 0 HENRY BOYE DIRECTOR 2.00 X 0 0 0 862866 0 76348 5 0 1 0 0 1908684 1908684 3656 3656 1912340 0 0 3656 X 720445 720445 659584 527668 65958 65958 666469 588441 39014 39014 55611 46113 4749 4749 96880 82546 7167 7167 3335 3335 45504 45504 273841 259133 7354 7354 17189 10313 3438 3438 32377 30675 851 851 8259 4955 1652 1652 62201 37321 12440 12440 14966 8980 2993 2993 17415 10449 3483 3483 5440 3264 1088 1088 2679516 2330303 199026 150187 319404 70845 992462 1098094 1294784 779586 99823 6352 6773 6773 0 0 2706473 1954877 28409 64239 20250 0 48659 64239 X 938030 586052 1719784 1304586 2657814 1890638 2706473 1954877 -767176 0 X 0 1 X 1 0 X 3753207 2128502 2678210 2441411 1908684 12910014 3753207 2128502 2678210 2441411 1908684 12910014 3448496 9461518 11917 1885 961 2790 3656 21209 12931223 0.73170 0.98730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6773 6773 0 0 1912340 0 1912340 0 1912340 2679516 0 2679516 0 2679516 1 BOSTON EDUCATIONAL DEVELOPMENT FUND 7 PALMER ST SUITE 2 BOSTON MA 02119 222514422 501C3 114000 0 FMV SCHOOL GRANTS TO 4 SCHOOLS FOR PLANNING, IMPROVEMENT, AND EXPANSION 50CAN 50 KENNEDY PLAZA SUITE 1500 PROVIDENCE RI 02903 273069592 501C3 200000 0 FMV GRANT TO SCHOOLFACTS BOSTON CONSERVATORY LAB CHARTER SCHOOL 395 COLUMBIA ROAD DORCHESTER MA 02125 043443578 501C3 10000 0 FMV TO IMPROVE THE LEARNING OUTCOMES OF STUDENTS THROUGH EFFECTIVE IMPLEMENTATION OF HIGH QUALITY INSTRUCTIONAL MATERIALS WITH A FOCUS ON HISTORICALLY MARGINALIZED STUDENTS INCLUDING THOSE THAT IDENTIFY AS BLACK, LATINX, STUDENTS WITH DISABILITIES, AND ENGLISH LEARNERS CONSORTIUM ON REACHING EXCELLENCE IN EDUCATION INC 548 MARKET ST PMB 42817 SAN FRANCISCO CA 94104 943264308 60966 0 FMV TO SUPPORT THE ORGANIZATION'S MISSION FRIENDS OF THE RAFAEL HERNNDEZ SCHOOL 61 SCHOOL STREET ROXBURY MA 02119 043532825 501C3 23948 0 FMV TO IMPROVE THE LEARNING OUTCOMES OF STUDENTS THROUGH EFFECTIVE IMPLEMENTATION OF HIGH QUALITY INSTRUCTIONAL MATERIALS WITH A FOCUS ON HISTORICALLY MARGINALIZED STUDENTS INCLUDING THOSE THAT IDENTIFY AS BLACK, LATINX, STUDENTS WITH DISABILITIES, AND ENGLISH LEARNERS NORTHEASTERN UNIVERSITY RESEARCH ACCOUNTING 177 HUNTINGTON AVE BOSTON MA 02115 041679980 501C3 31726 0 FMV TO SUPPORT THE ORGANIZATION'S MISSION ATTUNED EDUCATION PARTNERS 572 VALLEY ROAD 43703 MONTCLAIR NJ 07043 830731667 199650 0 FMV LEARNING ACCELERATION SUPPORT THE CANIZALES GROUP LLC 47 ALLISON STREET NE WASHINGTON DC 20011 862430000 80155 0 FMV TO PROVIDE CONSULTING SERVICES TO THE HERNANDEZ SCHOOL 5 3 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 AND BSF'S CAPACITY TO SUPPORT THE POTENTIAL GRANTEE. BSF GATHERS THE INFORMATION NECESSARY TO CONDUCT THE AFOREMENTIONED ASSESSMENT THROUGH STAFF INTERVIEWS, SCHOOL VISITS, AND DATA REVIEW. X 0 0 0 0 0 0 0 0 0 WILLIAM AUSTIN FOUNDER & CEO 211048 0 500 0 0 0 0 0 24677 0 236225 0 0 0 RANA KANNAN CHIEF OPERATING OFFICER 186340 0 500 0 0 0 0 0 24677 0 211517 0 0 0 KERRY DONAHUE CHIEF STRATEGY OFFICER 186340 0 500 0 0 0 0 0 8998 0 195838 0 0 0 MEGHAN O'KEEFE MANAGING DIRECTOR OF INVESTMENT 159573 0 500 0 0 0 0 0 8998 0 169071 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 A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. 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 INTEREST FORM, WHEREBY ANY CONFLICTS ARE REQUIRED TO BE DISCLOSED. THIS PROCESS IS OVERSEEN BY THE PRESIDENT OF THE BOARD. 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. THIS PROCESS IS CONDUCTED ON AN ANNUAL BASIS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022 FORM 990, PART VI, SECTION C, LINE 19 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 IX, LINE 11G PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 1,719. MANAGEMENT AND GENERAL EXPENSES 573. FUNDRAISING EXPENSES 573. TOTAL EXPENSES 2,865. BOSTON SCHOOLS FINDER SUPPORT: PROGRAM SERVICE EXPENSES 189,072. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 189,072. POLICY SUPPORT: PROGRAM SERVICE EXPENSES 48,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,000. CONSULTING: PROGRAM SERVICE EXPENSES 20,342. MANAGEMENT AND GENERAL EXPENSES 6,781. FUNDRAISING EXPENSES 6,781. TOTAL EXPENSES 33,904.