2024-05-08T09:06:53-05:00 2023-12-31 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2023-01-01 311482889 PARTNERSHIP FOR THE FUTURE PART 8049651769 4521 HIGHWOODS PARKWAY GLEN ALLEN VA 23060 DIONNE W HENDERSON PRESIDENT & CEO 8049651769 2024-04-29 1 DIONNE HENDERSON 999009999 1 JAYME MIKA P00852731 8047470000 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DIONNE W HENDERSON 4521 HIGHWOODS PARKWAY GLEN ALLEN VA 23060 1569808 0 X WWW.PARTNERSHIPFORTHEFUTURE.ORG X 1996 VA PARTNERSHIP FOR THE FUTURE EQUIPS HIGH ACHIEVING HIGH SCHOOL STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND. 17 17 162 264 0 0 1140154 1505819 0 0 -2095 53321 61529 10668 1199588 1569808 182402 170893 0 0 681730 831468 0 0 235359 695951 713092 1560083 1715453 -360495 -145645 1622212 1469490 45595 38518 1576617 1430972 X PARTNERSHIP FOR THE FUTURE EQUIPS HIGH ACHIEVING HIGH SCHOOL STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND. 0 0 469099 170893 PROGRAMMING: PARTNERSHIP FOR THE FUTURE (PFF) IS DEDICATED TO HELPING LOW TO MODERATE-INCOME STUDENTS, MOST OF WHOM ARE FIRST GENERATION COLLEGE STUDENTS, BRIDGE THE ACADEMIC, FINANCIAL, AND CULTURAL GAPS THAT ARE KNOW ROADBLOCKS TO ATTENDING AND SUCCESSFULLY COMPLETING COLLEGE AND AS PROFESSIONALS. FOR 2023, 486 STUDENTS FROM LOCAL HIGH SCHOOLS WERE ENROLLED IN THE PFF PROGRAM. LOCAL BUSINESSES PARTNER WITH PFF TO PROVIDE PAID INTERNSHIPS FOR PARTICIPANTS TO ENHANCE THEIR PROFESSIONAL DEVELOPMENT AND FUTURE EMPLOYABILITY. PFF PROVIDES YEAR-ROUND WORKFORCE DEVELOPMENT TRAINING TO PREPARE OUR STUDENTS FOR THEIR SUMMER INTERNSHIP EXPERIENCE. STUDENTS ARE PLACED IN PFF'S INTERNAL CAREER IMMERSION PROGRAM OR AN EXTERNAL INTERNSHIP PLACEMENT MONDAY-THURSDAY AND RECEIVE PERSONAL DEVELOPMENT, FINANCIAL LITERACY, OR CAREER READINESS TRAINING OR ATTEND COLLEGE TOURS ON FRIDAYS. 506384 COLLEGE READINESS, ACADEMIC EXCELLENCE, WORKFORCE DEVELOPMENT, PERSONAL DEVELOPMENT, FINANCIAL LITERACY, AND CULTURAL CAPITAL CONTINUE TO BE THE PRIMARY FOCUS OF OUR YEAR-ROUND PROGRAM. IN ADDITION TO MONTHLY 1:1 MENTORSHIP FROM PFF STAFF AND VOLUNTEERS, OUR HIGH SCHOOL STUDENTS PARTICIPATE IN THREE CULTURAL CAPITAL SESSIONS. WE NURTURE OUR STUDENTS WITH NEW EXPERIENCES, NEW RELATIONSHIPS, AND NEW EDUCATIONAL OPPORTUNITIES DESIGNED TO HELP THEM SUCCEED. OUR PROGRAM IS DESIGNED TO GIVE OUR APPLICANTS A COMPETITIVE EDGE IN THE COLLEGE ADMISSIONS PROCESS AND ENSURE THEY ARE PREPARED TO SUCCESSFULLY COMPLETE COLLEGE AND FOR THE WORKFORCE POST-GRADUATION. 115208 COLLEGE TOURS & FAIRS: PARTICIPANTS ARE EXPOSED TO A VARIETY OF COLLEGES VIA COLLEGE TOURS AND FAIRS. THESE TOURS (BOTH DAY TRIPS & OVERNIGHTS) ALLOW THE STUDENT TO VISIT SOME OF THE BEST SCHOOLS IN VIRGINIA, NORTH CAROLINA, AND MARYLAND. 1090691 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 162 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X DIONNE W HENDERSON 8049672559 4521 HIGHWOODS PARKWAY GLEN ALLEN VA 23060 MICHAEL BRACE DIRECTOR 2.00 X 0 0 0 FRANK MOUNTCASTLE DIRECTOR 2.00 X 0 0 0 JIM PROFERES DIRECTOR 2.00 X 0 0 0 FRAN RANDALL DIRECTOR 2.00 X 0 0 0 DAVID WALKER DIRECTOR 2.00 X 0 0 0 WILLIAM WIRTHMAN DIRECTOR 2.00 X 0 0 0 AUSTIN WELDER IMMEDIATE PAST CHAIR 2.00 X 0 0 0 JOI DEAN CHAIRWOMAN 2.00 X X 0 0 0 JAVONA BRAXTON SECRETARY 2.00 X X 0 0 0 BRIAN ROUNNAU TREASURER 2.00 X X 0 0 0 LEONDA JIGGETTS DIRECTOR 2.00 X 0 0 0 DERRICK JOHNSON DIRECTOR 2.00 X 0 0 0 APRIL JONES DIRECTOR 2.00 X 0 0 0 FRANK CHIP MILLER DIRECTOR 2.00 X 0 0 0 MICHAEL PENA DIRECTOR 2.00 X 0 0 0 TRAVIS PEARSON DIRECTOR 2.00 X 0 0 0 DIONNE W HENDERSON PRESIDENT & CEO 45.00 X 146769 0 0 146769 0 0 1 0 0 0 0 1505819 1505819 42099 42099 11222 0 11222 11222 11222 MISCELLANEOUS REVENUE 900099 10668 10668 10668 1569808 10668 0 53321 170893 170893 730761 362759 249100 118902 24102 11451 11633 1018 76605 49191 18240 9174 16305 16305 142087 44671 97416 16621 10129 2592 3900 2791 2705 13 73 9320 9320 INTERN SALARIES AND REL 273270 273270 SUMMER PROGRAM EXPENSES 100149 100044 105 YEAR ROUND PROGRAM EXPE 45235 45235 TRANSPORTATION 38313 34062 3855 396 69001 30952 33569 4480 1715453 1090691 389403 235359 201573 211659 1126127 978229 153334 144568 12909 17456 13952 9488 7255 4464 121014 113114 1622212 1469490 45595 38518 45595 38518 X 733601 589511 843016 841461 1576617 1430972 1622212 1469490 -145645 0 X 0 1 X 1 0 X 958336 907323 1066560 1140154 1505819 5578192 958336 907323 1066560 1140154 1505819 5578192 1064613 4513579 159 3632 603 555 42099 47048 17709 6000 33616 61529 10668 129522 5754762 0.78430 0.78570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13952 9488 4464 4464 BENEFICIAL INTEREST IN ASSET HELD BY TCF 113114 F 113114 X 1840673 253330 17535 270865 1569808 0 1569808 1986318 253330 253330 1732988 -17535 -17535 1715453 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED ACCOUNTING GUIDANCE RELATED TO UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES THE MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. IN ACCORDANCE WITH THIS GUIDANCE, THE ORGANIZATION DISCLOSES THE EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE FACTS AND THE ORGANIZATION'S POSITION AND RECORDS UNRECOGNIZED TAX BENEFITS OR LIABILITIES FOR KNOWN, OR ANTICIPATED TAX ISSUES BASED ON THE ORGANIZATION'S ANALYSIS OF WHETHER ADDITIONAL TAXES WOULD BE DUE TO THE AUTHORITY GIVEN THEIR FULL KNOWLEDGE OF THE TAX POSITION. THE ORGANIZATION'S ASSESSMENTS FOR 2021 AND 2020 DETERMINED THAT THERE WERE NO TAX POSITIONS WHICH WOULD REQUIRE RECOGNITION. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERN SALARY REIMBURSEMENT NETTED WITH EXPENSES 17,535. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERN SALARY REIMBURSEMENT NETTED WITH EXPENSES -17,535. 1 SCHOLARSHIP MATCH PROGRAM - GRANT IS WIRED TO THE VIRGINIA COLLEGE SAVINGS PLAN, THEN DISTRIBUTED TO THE STUDENTS' INDIVIDUAL ACCOUNTS. 49 155893 KIRSHNER SCHOLARSHIPS 3 15000 PART I, LINE 2: PFF HELPS STUDENTS TO OPEN A 529 VIRGINIA EDUCATION SAVINGS TRUST (VEST) ACCOUNT THROUGH THE VIRGINIA COLLEGE SAVINGS PLAN (VCSP), EXCLUSIVELY FOR COLLEGE SAVINGS. THROUGH PFF AND ITS BUSINESS SPONSORS, A STUDENT'S VEST ACCOUNT IS MATCHED DOLLAR FOR DOLLAR (UP TO $2,000) AT THE END OF THE THREE YEAR PROGRAM. VEST ACCOUNTS ARE TAX-ADVANTAGED INVESTMENT ACCOUNTS FOR "QUALIFIED HIGHER EDUCATION EXPENSES" SUCH AS TUITION, MANDATORY FEES, ROOM & BOARD, TEXTBOOKS, COMPUTERS, ETC. VIRGINIA 529 VEST ACCOUNTS ARE MONITORED & ADMINISTERED BY VCSP IN ACCORDANCE WITH SECTION 529 OF THE INTERNAL REVENUE CODE OF 1986. PFF ALSO RECEIVES SCHOLARSHIPS FROM PRIVATE DONORS THAT ARE ALSO DISTRIBUTED TO OUR STUDENTS VIA THEIR VIRGINIA 529 COLLEGE SAVINGS ACCOUNT. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS MANAGER REVIEWS THE 990 WITH THE PRESIDENT & CEO AND THE BOARD TREASURER. A COPY OF THE DRAFT 990 IS THEN MADE AVAILABLE TO THE FULL BOARD FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL PFF BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND ABSTAIN FROM VOTING WHEN APPROPRIATE. PFF COLLECTS ANNUALLY FROM EACH PFF BOARD MEMBER A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE, WHICH REQUIRES EACH BOARD MEMBER TO LIST ANY DIRECT OR INDIRECT AFFILIATIONS SUCH BOARD MEMBER OR HIS/HER RESPECTIVE FAMILY MEMBERS HAVE THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST AS DEFINED IN THE BOARD-APPROVED CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS OR A COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES IF THERE ARE ANY POTENTIAL CONFLICTS OF INTEREST OR VIOLATIONS OF THE CONFLICT OF INTEREST POLICY. IF SO, APPROPRIATE ACTION IS TAKEN TO RESOLVE ANY SUCH CONFLICTS OR VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15 PARTNERSHIP FOR THE FUTURE ENGAGED AN EXTERNAL AND INDEPENDENT FIRM THAT PROVIDED THE EXECUTIVE COMMITTEE WITH RECOMENDATIONS ON SALARIES FOR THE EXECUTIVE DIRECTORS AND OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 PARTNERSHIP FOR THE FUTURE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & AUDITED FINANCIAL STATEMENTS PUBLIC VIA THE WEB AND UPON REQUEST.