2022-11-10T10:23:36-06:00 2021-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2021-01-01 453027711 INVEST IN EDUCATION FOUNDATION INC INVE 5186408344 125 WOLF ROAD 410 ALBANY NY 12205 MICHAEL J STRIANESE CFO & COO 5186408344 2022-11-07 1 MICHAEL STRIANESE 999009999 DAWN DOHERTY P00743270 5184596700 2022-11-04 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MICHAEL J STRIANESE 125 WOLF ROAD 410 ALBANY NY 12205 219500 0 X WWW.INVESTINEDUCATION.ORG X 2012 NY THE INVEST IN EDUCATION FOUNDATION, INC. IS A RESEARCH AND POLICY ORGANIZATION FORMED TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 4 4 2 4 0 0 179500 219500 0 0 0 0 0 0 179500 219500 0 0 0 0 97487 111281 0 0 -37 144041 90375 241528 201656 -62028 17844 64980 85152 10810 13138 54170 72014 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 0 0 144967 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 144967 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X THE ORGANIZATION 5186408344 125 WOLF ROAD SUITE 410 ALBANY NY 12205 ANTHONY DE NICOLA CHAIR 3.00 3.00 X X 0 0 0 ROBERT FLANIGAN TREASURER 1.00 1.00 X 0 0 0 DARLA ROMFO DIRECTOR 1.00 0.00 X 0 0 0 SUSAN GEORGE DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J STRIANESE CFO & COO 40.00 1.00 X 11256 12744 0 MAUREEN BLUM EXECUTIVE DIRECTOR 40.00 1.00 X 71514 28486 12556 82770 41230 12556 0 0 0 0 0 219500 219500 219500 0 0 0 X 92531 87689 4842 10455 10455 1275 1275 7020 5965 1055 225 225 9400 9400 33500 27300 6200 1756 165 1628 -37 16824 8412 8412 852 426 426 7890 3945 3945 TELECOMMUNICATIONS 17726 8863 8863 SUBSCRIPTIONS 2202 2202 201656 144967 56726 -37 46957 68707 10292 4316 0 0 1100 0 6631 12129 64980 85152 10810 13138 10810 13138 X 54170 72014 54170 72014 64980 85152 17844 0 X 0 1 X 1 0 X 925000 1425000 364500 179500 219500 3113500 925000 1425000 364500 179500 219500 3113500 1278650 1834850 3113500 0.58930 0.64080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM RELATED PARTY 12129 12129 X 219500 0 219500 0 219500 201656 0 201656 0 201656 PART X, LINE 2: THE FOUNDATION FILES FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF DECEMBER 31, 2021 AND 2020. X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS THAT ELECT THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS WILL ESTABLISH AN EXECUTIVE COMMITTEE OF THE BOARD COMPRISED OF AT LEAST THREE DIRECTORS. DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE WILL HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS TO ACT WITH RESPECT TO ALL MATTERS WHICH IN THE REASONABLE JUDGEMENT OF ANY MEMBER OF THE EXECUTIVE COMMITTEE CANNOT WAIT UNTIL THE NEXT MEETING, EXCEPT FOR ANY AUTHORITY THE DELEGATION OF WHICH IS PROHIBITED BY SECTION 141(C)(2) OF THE DELAWARE GENERAL CORPORATION LAW. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE WILL BE REPORTED TO THE BOARD OF DIRECTORS AT THE NEXT MEETING THEREOF. THE EXECUTIVE COMMITTEE WILL SELECT A CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY FIX ITS OWN RULES OF PROCEDURE, BUT IN EVERY CASE THE PRESENCE OF A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE WILL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS, AND THE VOTE OF THE MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE PRESENT AT ANY MEETING AT WHICH THERE IS A QUORUM WILL BE THE ACT OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER OF THE CORPORATION REVIEWS THE 990 UPON ITS COMPLETION BY THE OUTSIDE ACCOUNTING FIRM. THE 990 IS THEN DISTRIBUTED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH ARTICLE III, SECTION 11 OF THE BY-LAWS, A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS SENT TO EACH DIRECTOR OR OFFICER FOR THEIR SUBMISSION TO, AND REVIEW BY, THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE OF THE NY STATE ATTORNEY GENERAL, DIVISION OF CHARITIES. FURTHER, THE PUBLIC CAN REQUEST COPIES OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS THROUGH A REQUEST TO THE FOUNDATION. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 27,300. MANAGEMENT AND GENERAL EXPENSES 6,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,500. INVEST IN EDUCATION COALITION 125 WOLF ROAD SUITE 410 ALBANY NY 12205 454955967 RAISING AWARENESS FOR EDUCATION ISSUES NY 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 INVEST IN EDUCATION COALITION O 52461 CASH