2025-11-13T17:18:51-05:00 2025-06-30 841255164 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN STREET SUITE 200 DENVER CO 80203 990 2024-07-01 841224325 DENVER PUBLIC SCHOOLS FOUNDATION DENV 7204233553 1860 LINCOLN STREET 10TH FLOOR DENVER CO 80203 SARA HAZEL PRES/CEO 7204233553 2025-11-13 true false MARIA MONTOYA P01363907 3035345953 2025-11-13 2024 2025-03-06 01:10:19Z SARA HAZEL 1860 LINCOLN STREET 10TH FLOOR DENVER CO 80203 7809655 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. 24 24 17 556 0 7288623 7139679 0 508087 473688 7230 7796710 7620597 6949118 5359189 0 1405467 1525195 0 817387 830294 619634 9184879 7504018 -1388169 116579 15290867 12978105 4343304 1599344 10947563 11378761 DENVER PUBLIC SCHOOLS FOUNDATION IS A CATALYST FOR CHANGE IN DPS. false false 5598723 5359189 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 5.4 MILLION TO DPS FOR PRIORITY PROGRAMS AND CRITICAL NEEDS IN 2024-25. 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. 5598723 true true false true 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 15 0 true 17 true false false false false false true true false false false false false false X 24 24 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 SARA HAZEL PRES/CEO 40.00 X 188265 0 22136 RICHARD TAGLE PRES/CEO THR 40.00 X 16596 0 0 ASHLEY MURAMOTO VP OF MARKET 40.00 X 120413 0 8050 JENNIFER STRUTHERS-JOHNSON FINANCE CONT 30.00 X 67952 0 14924 CARMON HICKS CHAIR 2.00 X X 0 0 0 REBECCA GRANT ZARRET EDD CHAIR-ELECT 2.00 X X 0 0 0 MARY CLARK TREASURER 2.00 X X 0 0 0 NANCY WALSH SECRETARY 2.00 X X 0 0 0 ALANNA MCKIERNAN MEMBER 1.00 X 0 0 0 ALLIE ENGELKEN MEMBER 1.00 X 0 0 0 ALPHONSO HAWKINS MEMBER 1.00 X 0 0 0 BRANDY RADEY 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 JAMIE VILLARREAL BASSETT 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 LANEY VAZQUEZ MEMBER 1.00 X 0 0 0 MARISA CARSON MEMBER 1.00 X 0 0 0 MICHAEL V KAPOOR MEMBER 1.00 X 0 0 0 STACY CARPENTER 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 393226 45110 2 false true false 880812 6258867 477814 7139679 447567 447567 26121 26121 26121 26121 189058 880812 189058 OTHER INCOME 7230 7230 7230 7620597 480918 5353189 5353189 6000 6000 224619 33693 123540 67386 1018215 106064 419022 493129 52069 5356 21224 25489 125303 13456 52782 59065 104989 11722 45580 47687 20000 20000 68371 68371 83729 25725 22466 35538 127156 116817 10339 31097 21 23212 7864 MARKETING, DONOR STEWARDS 223654 194894 28760 SPECIAL EVENTS 41635 41635 SCHOOL OUTREACH 23992 23497 495 7504018 5598723 1087908 817387 1650485 194434 149488 152227 343377 266260 19000 15000 35481 35481 10487906 9339554 220130 242663 2420481 2767967 15290867 12978105 19146 33547 3411756 1149724 912402 416073 4343304 1599344 X 4962992 6222735 5984571 5156026 10947563 11378761 15290867 12978105 X 116579 526424 -211805 X X false true X true false X 5726687 5560702 5908208 7288623 7139679 31623899 5726687 5560702 5908208 7288623 7139679 31623899 9291285 22332614 32585 62106 276650 444875 447567 1263783 7230 7230 32894912 0.67890 0.71240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 20000 false false false 20000 false SCHEDULE C, PART I-A, LINE 1 PAID TO DENVER TOGETHER KIDS TO PASS THE DPS 2024 BOND IN THE NOVEMBER 2025 ELECTION. SCHEDULE C, PART II-B, LINE 1 GRANT TO DENVER TOGETHER KIDS TO PASS THE DPS 2024 BOND IN THE NOVEMBER 2025 ELECTION. 2420481 110000 237486 2767967 2294637 1000 233134 108290 2420481 2281968 12669 2294637 2250546 150000 -28065 90513 2281968 1829121 510078 89653 2250546 0.59810 0.40190 true false 35481 35481 BENEFICIAL INTEREST IN ENDOWMENT 2767967 2767967 REFUNDABLE ADVANCES 314602 CASH HELD FOR DENVER PUBLIC SCHOOLS 101471 416073 7897146 526424 30301 556725 7340421 68371 211805 280176 7620597 7465948 30301 30301 7435647 68371 68371 7504018 SCHEDULE D, PAGE 2, PART V, LINE 4 DENVER PUBLIC SCHOOLS FOUNDATION HAS TWO 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 ENDOWMENT FUND DOES HAVE STIPULATIONS ON THE EARNINGS. DISTRIBUTIONS OF EARNINGS FROM THIS ENDOWMENT FUND IS 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. SCHEDULE D, PAGE 4, PART XI, LINE 4B LOSS ON GRANT REFUND 211,805 GALA 992370 803312 189058 158153 30905 BACK TO SCHOOL 77500 77500 1069870 880812 189058 158153 30905 189058 true DENVER PUBLIC AND CHARTER SCHOOLS 1860 LINCOLN STREET DENVER CO 80203 846001099 GOV 4893135 447478 N/A N/A SCHOOL PROGRAMS 2 STUDENT GRANTS 14 6000 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 SARA HAZEL PRES/CEO 188265 11705 10431 210401 X 1 212500 MARKET VALUE X MISC ITEMS 40 130314 MARKET VALUE X TRAVEL VOUCHERS 1 135000 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 XI, LINE 9 GRANT REFUNDED TO GRANTOR -211,805 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.