2024-12-13T15:19:40-06:00 2024-06-30 570902671 MUNN & ASSOCIATES PC 1461 WEST EVANS STREET FLORENCE SC 29501 990 2023-07-01 571092759 THE SCHOOL FOUNDATION INC SCHO 8436629996 320 WEST CHEVES STREET 175 FLORENCE SC 29501 MINDY TAYLOR CHAIRMAN 8436629996 2024-12-13 1 0 ALBERT A MUNN IV CPA P00354493 8436789544 2023 2024-10-15 13:58:12Z MINDY TAYLOR 320 WEST CHEVES STREET 175 FLORENCE SC 29501 1812568 0 X THESCHOOLFOUNDATION.ORG X 2000 SC THE SCHOOL FOUNDATION, INC. ("ASSOCIATION") IS A VOLUNTARY ASSOCIATION OF INDIVIDUALS OPERATED COLLECTIVELY TO SERVE THE NEEDS AND INTERESTS AND ADVANCE THE GENERAL WELFARE TO FLORENCE 1 SCHOOLS.THE SCHOOL FOUNDATION PROMOTES EDUCATIONAL EXCELLENCE IN FLORENCE, SC SCHOOL DISTRICT 1 THROUGH GRANTS FOR INNOVATIVE LEARNING AND THROUGH HIGH IMPACT INITIATIVES DESIGNED TO PREPARE ALL STUDENTS FOR SUCCESS.THE ORGANIZATION ACHIEVES ITS GOALS BY CONTRIBUTIONS TO SCHOOLS, SCHOOL PROGRAMS AND ADVOCACY OF QUALITY PUBLIC EDUCATION.THE ASSOCIATION WELCOMES EVERYONE IN FLORENCE 1 SCHOOLS WHICH IS A PUBLIC SCHOOL SYSTEM, REGARDLESS OF AGE, RACE, SEX, ETHNICITY, ABILITY OR RELIGION. 23 23 2 75 0 0 63758 300820 0 0 27990 21184 121102 26700 212850 348704 175940 143148 0 0 109783 113023 0 0 43666 60146 68549 345869 324720 -133019 23984 2351569 2651297 45130 40122 2306439 2611175 X THE SCHOOL FOUNDATION PROMOTES EDUCATIONAL EXCELLENCE IN FLORENCE 1 SCHOOLS THROUGH GRANTS FOR INNOVATIVE LEARNING AND THROUGH HIGH IMPACT INITIATIVES DESIGNED TO PREPARE ALL STUDENTS FOR SUCCESS. 0 0 172323 143148 PASS-THROUGH GRANTS RECEIVED FROM A FOUNDATION PROVIDED FOR THE FOLLOWING:ENHANCING LITERACY THROUGH DECODABLE READERS (WALLACE GREGG ELEMENTARY AND NORTH VISTA ELEMENTARY SCHOOLS) $28,775.CHORDS OF CHANGE: REVOLUTIONIZING MUSIC EDUCATION (WALLACE GREGG ELEMENTARY SCHOOL) $35,700.HARMONY IN PROGRESS: ELEVATING THE MUSIC EXPERIENCE (JOHN W MOORE MIDDLE SCHOOL) $35,229.POWERFUL PATHWAYS: USING VIRTUAL REALITY IN ADULT EDUCATION (FLORENCE 1 ADULT EDUCATION) $19,500.THE GIFT OF THE MIGHTY SOUND OF MUSIC (WEST FLORENCE HIGH SCHOOL) $23,944.A REFUND OF $26,700 RECEIVED FROM PREVIOUS GRANTS ABORTED FOR VARIOUS REASONS.THE REMAINING EXPENSES WERE ADDITIONAL COSTS THE SCHOOL FOUNDATION EXPENDED IN VARIOUS OTHER SMALL PROGRAMS BENEFITING FLORENCE 1 SCHOOLS. 172323 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 0 0 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 SC X X JEFF HELTON CHAIRMAN 8436629996 320 WEST CHEVES STREET FLORENCE SC 29501 JEFF HELTON CHAIRMAN 15.00 X X 0 0 0 ED A LOVE VICE CHAIRMAN 15.00 X X 0 0 0 COURTNEY CRIBB TREASURER 15.00 X X 0 0 0 MARION FORD SECRETARY 15.00 X X 0 0 0 DEBBIE HYLER EXECUTIVE DIRECTOR 40.00 X X 76331 0 0 ZACH BENNETT BOARD MEMBER 5.00 X 0 0 0 ANNE BROWN BOARD MEMBER 5.00 X 0 0 0 KIPPIE BROWN BOARD MEMBER 5.00 X 0 0 0 TRISHA CAULDER BOARD MEMBER 5.00 X 0 0 0 JEAN LEATHERMAN BOARD MEMBER 5.00 X 0 0 0 ROBERT LEMASTER BOARD MEMBER 5.00 X 0 0 0 RICHARD O'MALLEY BOARD MEMBER 5.00 X 0 0 0 TAMMY PAWLOSKI BOARD MEMBER 5.00 X 0 0 0 JAMES SHEEHY BOARD MEMBER 5.00 X 0 0 0 MINDY TAYLOR BOARD MEMBER 5.00 X 0 0 0 CARLOS WASHINGTON BOARD MEMBER 5.00 X 0 0 0 PORTER STEWART BOARD MEMBER 5.00 X 0 0 0 JOY HIGGS BOARD MEMBER 5.00 X 0 0 0 CHAQUEZ MCCALL BOARD MEMBER 5.00 X 0 0 0 HEATHER PAGE BOARD MEMBER 5.00 X 0 0 0 MEGGIE DANIEL BOARD MEMBER 5.00 X 0 0 0 ETROY GREEN BOARD MEMBER 5.00 X 0 0 0 JUDITH KAMMER BOARD MEMBER 5.00 X 0 0 0 JAMMIE MCDONALD BOARD MEMBER 5.00 X 0 0 0 CAROLYN PEARCE BOARD MEMBER 5.00 X 0 0 0 JUSTIN PEARSON BOARD MEMBER 5.00 X 0 0 0 MELISSA SCOTT BOARD MEMBER 5.00 X 0 0 0 HALEY TAYLOR BOARD MEMBER 5.00 X 0 0 0 RYAN WHITE BOARD MEMBER 5.00 X 0 0 0 76331 0 0 0 0 0 0 0 240367 60453 300820 54308 54308 1321114 1354238 -33124 -33124 -33124 109626 240367 109626 0 REFUND OF GRANTS 900099 26700 26700 26700 348704 47884 0 0 143148 143148 104991 23382 41046 40563 8032 1789 3140 3103 4875 4875 25896 25896 7049 4004 3045 280 280 11302 11302 7229 7229 1699 1699 1973 1973 MISCELLANEOUS 4531 4531 SUPPLIES 2112 2112 DUES & SUBSCRIPTIONS 1603 1603 324720 172323 108731 43666 22451 51348 835 875 12498 9930 3058 2568 2319225 2580264 6000 16242 2351569 2651297 6630 5180 32500 18700 6000 16242 45130 40122 X 2288954 2594845 17485 16330 2306439 2611175 2351569 2651297 23984 280752 0 X 1 X 0 0 0 X 63533 162407 253491 205549 300850 985830 63533 162407 253491 205549 300850 985830 985830 134946 171087 229102 49358 54308 638801 20618 26700 47318 1671949 419072 0.58960 0.55390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12498 9930 2568 2568 PUBLICALLY TRADED MARKETABLE SECURITIES (MUTUAL FUNDS) 2580264 F 2580264 OPERATING LEASE LIABILITY 16242 16242 ANNUAL CELEBRATION GALA 128050 81732 46318 3244 27698 2150 13227 DANCE WITH OUR FUTURE STARS 221943 158635 63308 10393 34260 16906 1748 349993 240367 109626 13637 61958 19056 14975 109626 0 1 WALLACE GREGG ELEMENTARY SCHOOL 319 SOUTH DARGAN STREET FLORENCE SC 29501 576000231 14388 0 ENHANCING LITERACY THROUGH DECODABLE READERS NORTH VISTA ELEMENTARY SCHOOL 319 SOUTH DARGAN STREET FLORENCE SC 29501 576000231 14387 0 ENHANCING LITERACY THROUGH DECODABLE READERS WALLACE GREGG ELEMENTARY SCHOOL 319 SOUTH DARGAN STREET FLORENCE SC 29501 576000231 35700 0 CHORDS OF CHANGE: REVOLUTIONIZING MUSIC EDUCATION JOHN W MOORE MIDDLE SCHOOL 319 SOUTH DARGAN STREET FLORENCE SC 29501 576000231 35229 0 HARMONY IN PROGRESS: ELEVATING THE MUSIC EXPERIENCE FLORENCE 1 ADULT EDUCATION 319 SOUTH DARGAN STREET FLORENCE SC 29501 576000231 19500 0 POWERFUL PATHWAYS: USING VIRTUAL REALITY IN ADULT EDUCATION WEST FLORENCE HIGH SCHOOL 576000231 23944 0 THE GIFT OF THE MIGHTY SOUND OF MUSIC PART I, LINE 2: TSF RECEIVES GRANT REQUESTS. THESE REQUESTS ARE EVALUATED BY A SUB-COMMITTEE OF THE BOARD. ONCE THIS EVALUATION IS COMPLETED, THE REQUESTS ARE VOTED ON BY THE COMPLETE BOARD. FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR AND TWO BOARD MEMBERS UTILIZES A BOARD MEMBER'S ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH THE ASSISTANCE AND OVERSIGHT BY MANAGEMENT. MANAGEMENT PRESENTED THE PREPARED FORM 990 TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR FIRST-LEVEL APPROVAL. FOLLOWING THAT, THE EXECUTIVE COMMITTEE PRESENTED THE PREPARED FORM 990 TO THE FULL BOARD AT THE FIRST SCHEDULED BOARD MEETING AFTER ITS COMPLETION AND PRIOR TO FILING THE FORM WITH THE IRS. DISCUSSION OF THE FORM 990 WITH THE FULL BOARD WAS RECORDED IN THE MINUTES OF THE MEETING. QUESTIONS AND CONCERNS WERE ADDRESSED BY MANAGEMENT AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THIS IS QUESTIONED AT THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A EVERY THREE YEARS (OR MORE FREQUENTLY IF NECESSARY), THE COMPENSATION FOR EACH SCHOOL FOUNDATION POSITION AND EMPLOYEE WILL BE REVIEWED BY THE BOARD OF DIRECTORS AND/OR SUPERVISOR. THE COMPENSATION REVIEW IS BASED ON A VARIETY OF FACTORS, INCLUDING, BUT NOT LIMITED TO THE EDUCATION, EXPERIENCE, QUALIFICATIONS AND PRIOR PERFORMANCE OF THE EMPLOYEE; THE EXPERTISE REQUIRED FOR THE POSITION; THE COMPENSATION PAID TO SIMILARY-QUALIFIED PERSONS IN FUNCTIONALLY-COMPARABLE POSITIONS; AND THE COMPENSATION OFFERED BY ORGANIZATIONS SIMILAR TO THE SCHOOL FOUNDATION. COMPARABLE SALARY INFORMATION IS OBTAINED FROM COMPENSATION STUDIES CONDUCTED BY EMPLOYER AND HUMAN RESOURCES ORGANIZATIONS AS WELL AS OTHER SCHOOL FOUNDATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL FOUNDATION MAKES ITS FORM 990, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND BY EMAILING IT TO THE SPECIFIC REQUESTS, AS WELL AS PHOTOCOPIES OF RECENT FILINGS OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ADMINSTRATIVE OFFICE OF THE ORGANIZATION.