2024-11-08T17:32:15-06:00 2024-06-30 952694444 CONSIDINE & CONSIDINE 8989 RIO SAN DIEGO DRIVE SUITE 250 SAN DIEGO CA 921081604 990 2023-07-01 942745484 CORONADO SCHOOLS FOUNDATION CORO 6194378059 201 6TH STREET CORONADO CA 92118 ASHLEE DEGREE CEO & PRESIDENT 6194378059 2024-11-06 1 0 LUKAS DAVIS P00668234 6192311977 2024-10-29 2023 2024-10-15 13:58:12Z ASHLEE DEGREE 201 6TH STREET CORONADO CA 92118 4545182 0 X WWW.CSFKIDS.ORG X 1981 CA THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED SCHOOL DISTRICT STUDENTS. 15 15 20 125 0 0 773837 2295221 53960 69646 32379 508460 33290 51638 893466 2924965 846989 945215 0 0 295272 296132 0 0 120178 152058 173159 1294319 1414506 -400853 1510459 9078590 11376695 335966 311670 8742624 11065025 THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED SCHOOL DISTRICT STUDENTS. 0 0 1100473 884617 69646 THE PRIMARY PURPOSE OF SCHOOL SITE PROGRAM GRANTS WITHIN THE CORONADO UNIFIED SCHOOL DISTRICT (CUSD) IS TO ENRICH THE QUALITY OF THE CURRICULUM AND PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CUSD STUDENTS. THESE PRIORITIES ARE IDENTIFIED BY THE SITE STRATEGIC PLANS OF EACH CUSD CAMPUS WHICH HAVE BEEN APPROVED BY THE RESPECTIVE STRATEGIC PLANNING COMMITTEES, CONSISTING OF TEACHERS, STUDENTS, PARENTS, ADMINISTRATORS, AND COMMUNITY MEMBERS, AS WELL AS THE CUSD GOVERNING BOARD. THESE GRANTS FUND TWO PATHWAYS: STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS AND ART - FOCUS ON VISUAL, PERFORMING AND DIGITAL ARTS. 4970 DISTRICT PROGRAM FUNDING INLUDES TELETHON EVENT SUPPORT TO CORONADO MIDDLE AND HIGH SCHOOLS. CORONADO SCHOOLS FOUNDATION ENVISIONS A PUBLIC SCHOOLS COMMUNITY THAT PROVIDES STUDENTS AN OPPORTUNITY TO LEARN, THRIVE, AND REACH THEIR HIGHEST POTENTIAL TODAY AND INTO THEIR FUTURE. 60598 60598 SCHOLARSHIPS FOR MULTIPLE GRADUATING CORONADO HIGH SCHOOL SENIORS FROM PRIVATE DONORS AS WELL AS ENDOWED SCHOLARSHIPS WITHIN CORONADO SCHOOLS FOUNDATION FIDELITY INVESTMENT ACCOUNTS. THE CORONADO HIGH SCHOOL SENIOR AWARDS COMMITTEE MEMBERS MAKE THE DETERMINATION AS TO THE RECIPIENT(S) OF EACH AWARD BASED ON CRITERIA ESTABLISHED BY THE DONOR. 1166041 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 20 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CORONADO SCHOOLS FOUNDATION 6194378059 201 6TH STREET CORONADO CA 92118 DEBBIE MCBRIDE CHAIR 3.00 X X 0 0 0 KATY BENNETT LITTLE VICE CHAIR 1.00 X X 0 0 0 KATIE HART SECRETARY 1.00 X X 0 0 0 PAIGE SHUMAN TREASURER 2.00 X X 0 0 0 SEAN CLANCY BOARD MEMBER 1.00 X 0 0 0 PILIALOHA ESTALL BOARD MEMBER 0.00 X 0 0 0 HEIDI IVERSEN BOARD MEMBER 1.00 X 0 0 0 NICK KATO BOARD MEMBER 1.00 X 0 0 0 ANA BERNAL ESPONDA BOARD MEMBER 1.00 X 0 0 0 BROOKE FALAAR BOARD MEMBER 1.00 X 0 0 0 LIZ MERRILL BOARD MEMBER 1.00 X 0 0 0 BRETT MOLENAAR BOARD MEMBER 1.00 X 0 0 0 CONDRA MULLINS BOARD MEMBER 0.00 X 0 0 0 CARLOS ROJO BOARD MEMBER 0.00 X 0 0 0 DAVE WERTH BOARD MEMBER 0.00 X 0 0 0 MICHELLE GILMORE CEO & PRESIDENT 40.00 X 139598 0 0 139598 0 0 1 0 0 0 0 477731 1817490 18414 2295221 ENRICHMENT TUITION 611110 69646 69646 69646 193378 193378 1603915 1288833 315082 315082 315082 383022 477731 331384 51638 51638 2924965 69646 0 560098 884617 884617 60598 60598 139598 55839 27920 55839 133400 65493 32747 35160 23134 9254 4626 9254 27304 27304 20720 20720 10251 10251 3178 3178 44252 14751 14750 14751 DISTRICT PROGRAM FUNDIN 49817 49817 BANK SERVICE CHARGE 7511 7511 DONOR RECOGNITION 5174 5174 ENDOWMENT MANAGEMENT EX 3000 3000 1952 1952 1414506 1166041 128287 120178 77716 45380 314256 980548 51833 276502 50588 52270 18316 11496 9997 6820 8574200 10015175 9078590 11376695 36246 38292 274720 273378 25000 0 335966 311670 X 5729639 6341629 3012985 4723396 8742624 11065025 9078590 11376695 1510459 811942 0 X 0 1 X 1 0 X 414417 464053 1149535 773837 2295221 5097063 5015 73550 58405 53960 69646 260576 419432 537603 1207940 827797 2364867 5357639 53660 20307 51255 36637 32181 194040 0 53660 20307 51255 36637 32181 194040 5163599 157238 175004 177816 168589 193378 872025 157238 175004 177816 168589 193378 872025 576670 712607 1385756 996386 2558245 6229664 0.82890 0.82120 0.14000 0.14340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2937382 1434105 444386 177280 4638593 2793200 1655 333550 191023 2937382 3323965 50050 -503974 76841 2793200 1433063 1359397 668691 137186 3323965 1491690 80564 139191 1433063 0.68440 0.31560 0.00000 0 0 18316 11496 6820 6820 CERTIFICATE OF DEPOSIT 26180 F FIDELITY INVESTMENTS 64706 F VARIOUS INVESTMENTS 9924289 F 10015175 X 3982656 811942 37800 331384 1181126 2801530 27304 96131 123435 2924965 1660255 37800 331384 369184 1291071 27304 96131 123435 1414506 PART V, LINE 4: THE POLICY MANUAL OF THE FOUNDATION PRESCRIBES THAT AN ENDOWMENT FUND SHALL BE MAINTAINED FOR THE PURPOSE OF ENSURING THE FOUNDATION'S CONTINUED FINANCIAL VIABILITY. THE PRIMARY GOAL FOR THE MANAGEMENT OF THE ENDOWMENT FUND IS TO PRESERVE THE REAL (I.E., INFLATION-ADJUSTED) PURCHASING POWER OF PRINCIPAL AND INCOME AFTER ACCOUNTING FOR ENDOWMENT SPENDING, INFLATION AND COSTS OF INVESTMENT MANAGEMENT. THE FINANCE COMMITTEE SHALL OVERSEE THE ENDOWMENT FUND IN SUCH A MANNER AS TO, FIRST, MINIMIZE RISK OF LOSS OF THE ENDOWMENT FUND'S PRINCIPAL, AND SECOND, ACHIEVE THE MAXIMUM RETURN AVAILABLE CONSISTENT WITH PRUDENT INVESTMENT STANDARDS. THE PORTFOLIO MANAGER SHALL BE AUTHORIZED TO INVEST THE ENDOWMENT FUND'S ASSETS AS SET FORTH BY THE FOUNDATION'S APPROVED INVESTMENT POLICY. THE FOUNDATION HAS COMMITTED TO A RETURN RANGE OF 4-6% WITH A TARGET RATE OF 5% OF ITS VALUE ANNUALLY FIRST TO BENEFIT ITS ADMINISTRATIVE AND OVERHEAD COSTS AND SECOND TO THE CORONADO UNIFIED SCHOOL DISTRICT, PER ITS INVESTMENT POLICY. PART X, LINE 2: THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS WHICH CLARIFY THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS AND RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN THE TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR TO BE TAKEN IN A TAX RETURN. AS OF JUNE 30, 2024, THE FOUNDATION HAS NOT ACCRUED INTEREST OF PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 331,384. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT BENEFIT COSTS TO DONOR 96,131. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 331,384. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT BENEFIT COSTS TO DONOR 96,131. DINNER AUCTION 477565 277737 199828 85444 76599 25416 TELETHON 154298 97273 57025 0 16921 41552 2 228890 102721 126169 0 66888 18564 860753 477731 383022 85444 160408 85532 331384 51638 1 CORONADO UNIFIED SCHOOL DISTRICT 201 6TH STREET CORONADO CA 92118 956000915 501(C)(3) 884617 0 TO PROVIDE FUNDING FOR STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATH) AND ARTS (VISUAL, PERFORMING, DIGITAL) PATHWAYS. 1 0 VARIOUS SCHOLARSHIPS 35 60598 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS OR ASSISTANCE PAID. FORM 990, PART VI, SECTION B, LINE 11B CORONADO SCHOOL'S FOUNDATION FINANCE COMMITTEE REVIEWS THE TAX RETURNS, AS PREPARED BY THE CPA AND FILED ON THE ORGANIZATION'S BEHALF, BEFORE IT IS FILED WITH THE TAXING AUTHORITIES ON NOVEMBER 15TH ANNUALLY. THE TAX RETURNS WILL BE SENT TO THE ENTIRE BOARD AS WELL AS THE FINANCE COMMITTEE. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE TAX RETURNS TO BE FILED. THE MEANS OF DELIVERY TO EACH BOARD MEMBER AND FINANCE COMMITTEE MEMBER SHALL BE VIA E-MAIL. THE CEO FOR THE YEAR IN WHICH THE TAXES ARE APPLICABLE WILL THEN AFFIRM THE FINANCE COMMITTEE'S APPROVAL (IF APPLICABLE) BY SIGNING THE DOCUMENTS. THE FINANCE CHAIR WILL THEN APPRISE THE FULL BOARD OF DIRECTORS THAT THE TAXES HAVE BEEN FILED OR ANY OTHER NECESSARY INFORMATION. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND STAFF MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS DELEGATED POWERS SIGN A STATEMENT AFFIRMING THEY HAVE RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; HAS READ AND UNDERSTANDS THE POLICY; HAS AGREED TO COMPLY WITH THE POLICY; AND UNDERSTANDS THE FOUNDATION IS CHARITABLE AND 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 CORONADO SCHOOLS FOUNDATION SECURES AN ANNUAL SURVEY TO DETERMINE COMPARABLE SALARIES OF NONPROFIT ORGANIZATIONS OF SIMILAR SIZE (BUDGET, NUMBER OF EMPLOYEES). THIS IS REVIEWED BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE; PRESIDENT AND/OR EX OFFICIO CONDUCT EMPLOYEE REVIEW FOR CHIEF EXECUTIVE OFFICER AND OTHER KEY EMPLOYEES AND DETERMINE IF AN INCREASE IN COMPENSATION IS WARRANTED. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.