2024-11-20T19:17:23-05:00 2024-06-30 841255164 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN STREET SUITE 200 DENVER CO 80203 990 2023-07-01 841224325 DENVER PUBLIC SCHOOLS FOUNDATION DENV 7204233553 1860 LINCOLN STREET 10TH FLOOR DENVER CO 80203 SARA HAZEL PRES/CEO EFF 2/1/24 7204233553 2024-11-20 true false MARIA MONTOYA P01363907 3035345953 2024-11-20 2023 2024-10-15 13:58:12Z SARA HAZEL 1860 LINCOLN STREET 10TH FLOOR DENVER CO 80203 7956025 false X WWW.DPSFOUNDATION.ORG X 1992 CO IN PARTNERSHIP WITH DENVER PUBLIC SCHOOLS, WE RAISE AND MANAGE FUNDS, MAKE STRATEGIC PROGRAM INVESTMENTS AND SERVE AS COMMUNITY LEADERS SO ALL STUDENTS HAVE THE OPPORTUNITY TO SUCCEED. 23 23 17 578 0 5908208 7288623 0 276650 508087 86 0 6184944 7796710 4747649 6949118 0 1370374 1405467 0 763501 581501 830294 6699524 9184879 -514580 -1388169 15633019 15290867 3851726 4343304 11781293 10947563 DENVER PUBLIC SCHOOLS FOUNDATION IS A CATALYST FOR CHANGE IN DPS. false false 7354011 6949118 DPS FOUNDATION COLLABORATED WITH FOUNDATIONS, CORPORATIONS, PARENTS, EDUCATORS, ALUMNI, AND OTHER MEMBERS OF THE COMMUNITY TO INVEST IN PROGRAMS AND SCHOOLS ACROSS DENVER. SUPPORTED BY OUR EVER-INCREASING DONOR BASE, DPS FOUNDATION GRANTED NEARLY 7.0 MILLION TO DPS FOR PRIORITY PROGRAMS AND CRITICAL NEEDS IN 2023-24. WORKING ALONGSIDE DPS LEADERS AND EDUCATORS, DPS FOUNDATION INVESTS IN TRANSFORMATIVE OPPORTUNITIES ACCELERATING PROGRESS FOR STUDENTS AND SCHOOLS TO HELP REACH OUR VISION WHERE EVERY STUDENT GRADUATES READY TO LEAD A SUCCESSFUL LIFE. 7354011 true true false false false false false false false true true false false true true false true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true X 22 0 true 17 true false false false false false true true false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false X SARA HAZEL 7204233553 1860 LINCOLN STREET 10TH FLOOR DENVER CO 80203 RICHARD TAGLE PRES/CEO THR 40.00 X 212458 0 26947 SARA HAZEL PRES/CEO EFF 40.00 X 146314 0 22497 ASHLEY MURAMOTO VP OF MARKET 40.00 X 131950 0 18421 JENNIFER STRUTHERS-JOHNSON FINANCE CONT 30.00 X 48960 0 12504 CARMON HICKS CHAIR 2.00 X X 0 0 0 JACQUELINE MOLNAR CHAIR-ELECT 2.00 X X 0 0 0 MARY CLARK TREASURER 2.00 X X 0 0 0 SUZANNE KELLEY SECRETARY 2.00 X X 0 0 0 ASHLEY DIMOND MEMBER 1.00 X 0 0 0 CRYSTAL POTTER RIVERA MEMBER 1.00 X 0 0 0 DAN GALEMBA MEMBER 1.00 X 0 0 0 DAVID SALAZAR MEMBER 1.00 X 0 0 0 JENNIFER EVANS MEMBER 1.00 X 0 0 0 JOE FORTNA MEMBER 1.00 X 0 0 0 JONATHAN NARLOCK MEMBER 1.00 X 0 0 0 KELLI CLIFTON OGUNSANYA MEMBER 1.00 X 0 0 0 KIM ALLEGRETTI MEMBER 1.00 X 0 0 0 KRISTIN STORK MEMBER 1.00 X 0 0 0 MARISA CARSON MEMBER 1.00 X 0 0 0 MATT MILLER MEMBER 1.00 X 0 0 0 MICHAEL V KAPOOR MEMBER 1.00 X 0 0 0 NANCY WALSH MEMBER 1.00 X 0 0 0 REBECCA GRANT ZARRET EDD MEMBER 1.00 X 0 0 0 RUTH ROHS MEMBER 1.00 X 0 0 0 SYLVIA HILARIO MEMBER 1.00 X 0 0 0 TYLER LOY MEMBER 1.00 X 0 0 0 VANECIA B KERR MEMBER 1.00 X 0 0 0 539682 80369 3 false true false 711285 6577338 56552 7288623 444875 444875 63212 63212 63212 63212 159315 711285 159315 7796710 508087 6926975 6926975 22143 22143 423907 59851 254042 110014 743435 70777 306514 366144 37662 3477 15110 19075 107748 11395 44510 51843 92715 10276 43801 38638 58354 58354 455494 208824 187525 59145 119448 92015 27433 33450 293 22348 10809 MARKETING, DONOR STEWARDS 112382 40000 43148 29234 SPECIAL EVENTS 51166 51166 9184879 7354011 1067367 763501 1141915 1650485 548957 149488 140903 343377 12000 19000 35481 35481 11351061 10487906 143546 220130 2294637 2420481 15633019 15290867 32296 19146 1650595 3411756 2168835 912402 3851726 4343304 X 5273814 4962992 6507479 5984571 11781293 10947563 15633019 15290867 -1388169 554439 X X false true X true false X 7618658 5726687 5560702 5908208 7288623 32102878 7618658 5726687 5560702 5908208 7288623 32102878 8575119 23527759 105304 32585 62106 276650 444875 921520 33024398 0.71240 0.71460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2294637 1000 233134 108290 2420481 2281968 12669 2294637 2250546 150000 -28065 90513 2281968 1829121 510078 89653 2250546 1842007 17926 30812 1829121 0.70920 0.29080 true false 35481 35481 BENEFICIAL INTEREST IN ENDOWMENT 2420481 2420481 REFUNDABLE ADVANCES 712402 CASH HELD FOR DENVER PUBLIC SCHOOLS 200000 912402 8662795 554439 370000 924439 7738356 58354 58354 7796710 9496525 370000 370000 9126525 58354 58354 9184879 SCHEDULE D, PAGE 2, PART V, LINE 4 DENVER PUBLIC SCHOOLS FOUNDATION HAS THREE ENDOWMENT FUNDS, WHICH ARE HELD AT THE ORIGINAL GIFT AMOUNT IN PERPETUITY. THE FIRST ENDOWMENT FUND DOES NOT HAVE STIPULATIONS ON THE DISTRIBUTION OF EARNINGS AND, ACCORDINGLY, THE DISTRIBUTIONS ARE WITHOUT RESTRICTIONS TO DPS FOUNDATION AND CAN BE USED FOR GENERAL OPERATING SUPPORT OR ANY NEEDS OF DPS FOUNDATION. THE OTHER TWO ENDOWMENT FUNDS DO HAVE STIPULATIONS ON THE EARNINGS. DISTRIBUTIONS OF EARNINGS FROM THESE ENDOWMENT FUNDS ARE RESTRICTED FOR (1) THE A TO Z FUND, WHICH PROVIDES GRANTS TO DPS SCHOOLS AND ACTIVITIES THAT GO BEYOND SCHOOLS' LIMITED BUDGETS AND (2) FOR EDUCATION PROGRAMS WITH DENVER PUBLIC SCHOOLS. GALA 820040 660725 159315 135038 24277 BACK TO SCHOOL 50560 50560 870600 711285 159315 135038 24277 159315 true DENVER PUBLIC AND CHARTER SCHOOLS 1860 LINCOLN STREET DENVER CO 80203 846001099 GOV 6920375 N/A N/A SCHOOL PROGRAMS DENVER TENNIS PARK INC 1560 S FRANKLIN ST DENVER CO 80210 820620668 501C3 6000 N/A N/A GENERAL OPERATING 2 STUDENT GRANTS 2 2143 N/A N/A LA RAZA RPT PARTICIPATION 4 20000 N/A N/A SCHEDULE I, PAGE 1, PART I, LINE 2 DENVER PUBLIC SCHOOLS FOUNDATION (THE FOUNDATION) PRIMARILY GRANTS TO DENVER PUBLIC SCHOOLS (DPS) AND SECONDARILY TO OTHER NOT FOR PROFITS LOCATED IN OR SUPPORTING WORK IN DENVER, CO WORKING DIRECTLY WITH DPS ON SPECIFIC PROGRAMS THAT ALIGN WITH THE FOUNDATION'S INITIATIVES. THE FOUNDATION WORKS CLOSELY WITH DPS TO ENSURE GRANT AWARDS ARE SPENT IN ACCORDANCE WITH GRANT TERMS. THIS INCLUDES REVIEWING BUDGETS, MONITORING EXPENSES AND OUTCOMES, AND COMMUNICATING WITH APPROPRIATE PERSONNEL ON A REGULAR BASIS. X X X X false false false false false false false false false RICHARD TAGLE PRES/CEO THRU 1/24 212458 13070 13877 239405 SARA HAZEL PRES/CEO EFF 2/1/24 146314 9300 13197 168811 ASHLEY MURAMOTO VP OF MARKETING 131950 7917 10504 150371 X MISC ITEMS 44 56552 MARKET VALUE false true false FORM 990, PART V LINE 2A, NUMBER OF EMPLOYEES REPORTED ON FORM W-3: DENVER PUBLIC SCHOOLS FOUNDATION CO-EMPLOYS ITS EMPLOYEES THROUGH AN UNRELATED PROFESSIONAL EMPLOYER ORGANIZATION (PEO) AND, AS SUCH, THE PEO IS RESPONSIBLE FOR FILING FORMS W-2 AND ALL PAYROLL TAX REPORTS. SALARIES AND PAYROLL TAXES PAID THROUGH THE PEO ARE REFLECTED AS IF DPS FOUNDATION WERE THE SOLE EMPLOYER FOR PURPOSES OF THE FUNCTIONAL EXPENSES AND COMPENSATION INFORMATION. FORM 990, PAGE 6, PART VI, LINE 11B BEFORE FILING FORM 990, A DETAILED REVIEW OF THE FORM IS PERFORMED BY THE PRESIDENT/CEO, AUDIT COMMITTEE, AND BOARD TREASURER. FINALLY, THE ENTIRE FORM 990 IS INCLUDED IN THE BOARD PACKET SENT TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY ALL BOARD OF DIRECTORS AND ALL EMPLOYEES ARE OBLIGATED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM DISCLOSING ANY AND ALL POTENTIAL CONFLICTS OF INTEREST. ALL POTENTIAL CONFLICTS OF INTEREST LISTED ARE REVIEWED BY THE PRESIDENT/CEO AND BOARD CHAIR TO DETERMINE APPROPRIATE ACTION NECESSARY TO MITIGATE ANY POTENTIAL CONFLICT. APPROPRIATE ACTION MAY INVOLVE DISALLOWING THE PERSON TO CONDUCT TRANSACTIONS, PROHIBITING THE PERSON FROM PARTICIPATION IN THE BOARD'S DELIBERATIONS AND ABSTAINING FROM VOTING ON THOSE MATTERS, AND/OR CEASING TO CONDUCT BUSINESS WITH AN INDIVIDUAL OR ORGANIZATION. THE BOARD OF DIRECTORS IS NOTIFIED OF ALL POTENTIAL CONFLICTS OF INTEREST AS WELL AS ANY ACTION TAKEN TO MITIGATE THE POTENTIAL CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES COMPENSATION AND BONUS AMOUNTS FOR THE PRESIDENT/CEO. THE EXECUTIVE COMMITTEE CONSIDERS A SELF-EVALUATION DRAFTED BY THE PRESIDENT/CEO AND ALSO COMPARES PERFORMANCE AGAINST ESTABLISHED GOALS, THE SKILL SET, AND PAST PERFORMANCE OF THE PRESIDENT/CEO, REVIEWS COMPENSATION AND BONUS AMOUNTS AT OTHER SIMILARLY SIZED NOT-FOR-PROFIT ORGANIZATIONS, CONSULTS WITH AN EXECUTIVE COACH/CONSULTANT ABOUT TRENDS, AND REVIEWS THE CURRENT ECONOMY TO DETERMINE COMPENSATION AND BONUS AMOUNTS. COMPENSATION AND BONUS AMOUNTS ARE REVIEWED ANNUALLY FOR THE PRESIDENT/CEO. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR ALL OTHER EMPLOYEES IS DETERMINED BY THE SKILL SET OF THE EMPLOYEE, PAST PERFORMANCE, AND IS BASED ON CURRENT MARKET PRACTICES FOR SIMILAR DUTIES PERFORMED BY INDIVIDUALS IN ORGANIZATIONS OF SIMILAR SIZE. COMPENSATION IS DIRECTLY APPROVED BY THE PRESIDENT/CEO AND ULTIMATELY IS APPROVED BY THE BOARD AS PART OF ITS APPROVAL OF THE ANNUAL BUDGET. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. A FINANCIAL SUMMARY OF THE ORGANIZATION IS AVAILABLE TO THE PUBLIC IN OUR ANNUAL REPORT. IN ADDITION, CERTAIN GOVERNING DOCUMENTS ARE AVAILABLE FROM OTHERS' WEBSITES. FORM 990, PART XII LINE 2C - CHANGE IN FINANCIAL REVIEW PROCESS DENVER PUBLIC SCHOOLS FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. THERE WERE NO CHANGES TO THE PROCEDURES FOLLOWED BY THE AUDIT COMMITTEE IN PERFORMING THESE RESPONSIBILITIES THIS YEAR.