2022-11-14T16:26:19-06:00 2021-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2021-01-01 462093041 LEADERSHIP FOR EDUCATIONAL EQUITY FOUNDATION LEAD 2027343716 25 BROADWAY 13TH FLOOR NEW YORK NY 10004 MICHAEL BUMAN PRESIDENT 2027343716 2022-11-14 1 MICHAEL BUMAN 999009999 GLENN MILLER CPA P00086726 7035190990 2022-11-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X MICHAEL BUMAN 25 BROADWAY 13TH FLOOR NEW YORK NY 10004 27777309 0 X WWW.EDUCATIONALEQUITY.ORG/FOUNDATION X 2013 DE THE FOUNDATION'S MISSION IS TO WORK TO FOSTER AND FACILITATE INCREASED CIVIC ENGAGEMENT, COMMUNITY PARTICIPATION, AND VOLUNTEERISM, WITH A FOCUS ON EDUCATION AND PUBLIC POLICY EFFORTS DESIGNED TO ACHIEVE EDUCATIONAL EQUITY. 4 4 0 4 0 0 14907162 27777309 0 0 0 0 0 0 14907162 27777309 14368477 18571581 0 0 243484 132091 0 0 33405 532538 1719751 15144499 20423423 -237337 7353886 5983229 13452963 606115 721963 5377114 12731000 THE FOUNDATION'S MISSION IS TO WORK TO FOSTER AND FACILITATE INCREASED CIVIC ENGAGEMENT, COMMUNITY PARTICIPATION, AND VOLUNTEERISM, WITH A FOCUS ON EDUCATION AND PUBLIC POLICY EFFORTS DESIGNED TO ACHIEVE EDUCATIONAL EQUITY. 0 0 20324986 18571581 0 LEADERSHIP DEVELOPMENT - THE FOUNDATION PROVIDES GRANTS TO FOSTER AND FACILITATE INCREASED CIVIC ENGAGEMENT, COMMUNITY PARTICIPATION, AND VOLUNTEERISM OF LEADERSHIP FOR EDUCATIONAL EQUITY MEMBERS, FOCUSING ON THE FIELDS OF EDUCATION AND PUBLIC POLICY THROUGH: (I) SPONSORING LEADERSHIP DEVELOPMENT EXPERIENCES SUCH AS FELLOWSHIPS, WORKSHOPS, SEMINARS, AND SIMILAR EVENTS, (II) PROMOTING AND INFORMING DIALOGUE AND THE EXCHANGE OF IDEAS AND INFORMATION, AND (III) SUPPORTING OTHER CHARITABLE AND EDUCATIONAL PROJECTS CONSISTENT WITH THE FOREGOING. 20324986 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 1 0 AK CA FL GA IL MA MD NJ NY TN X JOHNNY CAPERS 2027343716 25 BROADWAY 13TH FLOOR NEW YORK NY 10004 EMMA BLOOMBERG CHAIR OF THE BOARD 1.00 1.00 X X 0 0 0 MICHAEL PARK DIRECTOR 1.00 X 0 0 0 ARTHUR ROCK DIRECTOR 1.00 1.00 X 0 0 0 STEVE MANDEL DIRECTOR 1.00 X 0 0 0 MICHAEL BUMAN PRESIDENT 2.00 40.00 X 0 405219 19639 CHRISTINE GREEN SECRETARY/TREASURER 1.00 40.00 X 0 167573 15930 0 572792 35569 0 0 1 0 SALESFORCE PO BOX 203141 DALLAS TX 753203141 IT/CONSULTANT 155212 1 27777309 27777309 27777309 0 0 0 X 18571581 18571581 103703 63863 13996 25844 10491 6461 1416 2614 13997 8620 1889 3488 3900 2402 526 972 27224 27224 1681999 1667104 14895 5515 666 4849 3876 3335 177 364 1137 954 60 123 20423423 20324986 65032 33405 4834132 3989655 0 8280570 1149097 1182738 5983229 13452963 24774 6066 581341 715897 606115 721963 X 3618781 4450430 1758333 8280570 5377114 12731000 5983229 13452963 7353886 0 X 0 1 X 1 0 X 20633698 12241529 13532044 14907162 27777309 89091742 20633698 12241529 13532044 14907162 27777309 89091742 15394541 73697201 2330 2330 89094072 6092 0.82720 0.82720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM LEADERSHIP FOR EDUCATIONAL EQUITY 1182738 1182738 DUE TO LEADERSHIP FOR EDUCATIONAL EQUITY 715897 715897 27777309 0 27777309 0 27777309 20423423 0 20423423 0 20423423 1 LEADERSHIP FOR EDUCATIONAL EQUITY 25 BROADWAY 13TH FLOOR NEW YORK NY 10004 208848357 501(C)(4) 18571581 0 FOSTER AND FACILITATE INCREASED CIVIC ENGAGMENT, COMMUNITY PARTICIPATION, AND VOLUNTEERISM OF LEADERSHIP FOR EDUCATIONAL EQUITY MEMBERS, FOCUSING ON THE FIELDS OF EDUCATION AND PUBLIC POLICY. 0 1 PART I, LINE 2: THE FOUNDATION'S MISSION IS TO FOSTER AND FACILITATE INCREASED CIVIC ENGAGEMENT, COMMUNITY PARTICIPATION, AND VOLUNTEERISM WITH A FOCUS ON EDUCATION AND PUBLIC POLICY EFFORTS TO ACHIEVE EDUCATIONAL EQUITY. THE FOUNDATION ENTERED INTO A MULTI-YEAR GRANT AGREEMENT WITH LEADERSHIP FOR EDUCATIONAL EQUITY IN WHICH THE FOUNDATION MAKES GRANTS TO LEADERSHIP FOR EDUCATIONAL EQUITY TO ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES THAT FURTHER THE FOUNDATION'S MISSION. LEADERSHIP FOR EDUCATIONAL EQUITY SUBMITTED A GRANT PROPOSAL TO THE FOUNDATION THAT WAS APPROVED BY THE FOUNDATION'S GOVERNING BODY. UNDER THE GRANT AGREEMENT, LEADERSHIP FOR EDUCATIONAL EQUITY SUBMITS AN ANNUAL REPORT TO THE FOUNDATION DETAILING ITS GRANT EXPENSES AND WILL SUBMIT A FINAL REPORT AT THE END OF THE GRANT. THE FOUNDATION'S TREASURER AND GENERAL COUNSEL REVIEW THE REPORTS FOR CONSISTENCY WITH THE GRANT AGREEMENT'S TERMS. ADDITIONALLY, DURING THE ANNUAL INDEPENDENT AUDIT, THE FOUNDATION'S AUDITORS REVIEWED LEADERSHIP FOR EDUCATIONAL EQUITY'S STAFF'S UNDERSTANDING OF USING 501(C)(3)-BASED FUNDS FOR FUNDING ONLY CHARITABLE AND EDUCATIONAL ACTIVITIES AND SAW NO NEED TO MAKE RECOMMENDATIONS FOR IMPROVEMENT. 0 0 0 0 0 0 0 0 0 MICHAEL BUMAN PRESIDENT 0 405219 0 0 0 0 0 12052 0 7587 0 424858 0 0 CHRISTINE GREEN SECRETARY/TREASURER 0 167573 0 0 0 0 0 6619 0 9311 0 183503 0 0 PART I, LINE 3 LEE FOUNDATION SHARES EMPLOYEES AND OTHER RESOURCES WITH LEADERSHIP FOR EDUCATIONAL EQUITY. THE TWO ORGANIZATIONS OPERATE UNDER A RESOURCE SHARING AGREEMENT THAT SETS FORTH HOW RESOURCES ARE SHARED AND PAID FOR. ONE SUCH RESOURCE IS THE TOP MANAGEMENT OFFICIAL OF LEADERSHIP FOR EDUCATIONAL EQUITY, WHO PERFORMS SOME WORK ON LEE FOUNDATION'S BEHALF. THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, THE EXECUTIVE DIRECTOR, IS DETERMINED BY THE ORGANIZATION'S INDEPENDENT MEMBERS OF ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL BUMAN HAS A BUSINESS RELATIONSHIP WITH EMMA BLOOMBERG. FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE ORGANIZATION'S GOVERNING BODY IS APPOINTED BY THE DIRECTORS OF LEADERSHIP FOR EDUCATIONAL EQUITY, A RELATED ORGANIZATION. THE DIRECTORS OF LEADERSHIP FOR EDUCATIONAL EQUITY MAY ALSO REMOVE A DIRECTOR FROM THE ORGANIZATION'S GOVERNING BODY WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY FOR COMMENT AND REVIEW. THE MEMBERS OF THE GOVERNING BODY ARE ALLOCATED ONE WEEK TO PROVIDE COMMENTS ON THE RETURN PRIOR TO ITS FILING. AT THE CLOSE OF THAT WEEK, THE ORGANIZATION ELECTRONICALLY FILES THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL INDIVIDUALS SERVING IN THE CAPACITY OF A DIRECTOR OR OFFICER ARE REQUIRED TO ADHERE TO THE CONFLICT OF INTEREST POLICY AND COMPLETE AN ANNUAL QUESTIONNAIRE DISCLOSING ANY POTENTIAL CONFLICTS WITH THE ORGANIZATION. WHEN A DIRECTOR OR OFFICER BECOMES AWARE OF A POTENTIAL CONFLICT, THE DIRECTOR SHALL HAVE A DUTY TO (1) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF THE TRANSACTION IN WRITING TO THE GOVERNING BODY; (2) REFRAIN FROM USING THEIR PERSONAL INFLUENCE TO ENCOURAGE THE ORGANIZATION TO ENTER INTO THE TRANSACTION; AND (3) PHYSICALLY EXCUSE THEMSELVES FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE TRANSACTION WITH THE DIRECTORS, OFFICERS, AND EMPLOYEES OF THE ORGANIZATION. THE GOVERNING BODY ADMINISTERS THE CONFLICT OF INTEREST POLICY AND REVIEWS THE ANNUAL DISCLOSURE STATEMENTS. THE GOVERNING BODY HAS THE SOLE AUTHORITY TO REVIEW THE OPERATION OF THE POLICY AND MAKE CHANGES FROM TIME TO TIME AS IT MAY DEEM APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15B LEADERSHIP FOR EDUCATIONAL EQUITY (LEE) FOUNDATION SHARES EMPLOYEES AND OTHER RESOURCES WITH LEADERSHIP FOR EDUCATIONAL EQUITY. THE TWO ORGANIZATIONS OPERATE UNDER A RESOURCE SHARING AGREEMENT THAT SETS FORTH HOW RESOURCES ARE SHARED AND PAID FOR. ONE SUCH RESOURCE IS THE TOP MANAGEMENT OFFICIAL OF LEADERSHIP FOR EDUCATIONAL EQUITY, WHO PERFORMS SOME WORK ON LEE FOUNDATION'S BEHALF. THE TOP MANAGEMENT OFFICIAL'S COMPENSATION IS DETERMINED BY A GROUP OF INDEPENDENT PERSONS, THE LEE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OR BY CALLING THE FOUNDATION DIRECTLY. FORM 990, PART IX, LINE 7-10 LEE FOUNDATION (LEEF) SHARES EMPLOYEES AND OTHER RESOURCES WITH LEADERSHIP FOR EDUCATIONAL EQUITY (LEE). THE TWO ORGANIZATIONS OPERATE UNDER A RESOURCE SHARING AGREEMENT THAT SETS FORTH HOW RESOURCES ARE SHARED AND PAID FOR. UNDER THE AGREEMENT, SHARED EMPLOYEES BETWEEN THE ORGANIZATION ARE COMPENSATED AND EMPLOYED BY LEE, HOWEVER A PORTION OF THEIR COMPENSATION IS ALLOCATED TO LEEF. LEEF'S ALLOCATED PORTION OF THESE SALARIES ARE REPORTED ON LINES 7-10. LEADERSHIP FOR EDUCATIONAL EQUITY 1805 7TH ST NW FL 6 WASHINGTON DC 200013186 208848357 ACHIEVE EDUCATIONAL EQUITY IN COMMUNITIES THROUGHOUT THE COUNTRY DC 501(C)(4) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 LEADERSHIP FOR EDUCATION EQUITY B 18571581 BOOK VALUE LEADERSHIP FOR EDUCATION EQUITY P 715897 BOOK VALUE LEADERSHIP FOR EDUCATION EQUITY Q 1182738 BOOK VALUE