2020-10-21T10:02:27-05:00 2019-12-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2019-01-01 462612143 Scratch Foundation SCRA 8576001108 201 South Street No 1-102 Boston MA 02111 Mitchel Resnick President/Chair 8576001108 2020-09-08 1 Joseph R Byrne P01289281 2077752387 2020-09-08 69.49.157.66 2020-09-08 12:18:57 ED P E5302821D3517A8F546AA2FF8903FDF16CEA9AE5 1C6A01B7255B01236D078AE06947B5C55AB1E31B 2019 2021-01-29 14:40:06Z Mitchel Resnick 201 South Street No 1-102 Boston MA 02111 4685344 0 X scratchfoundation.org X 2013 DE Scratch Foundation (the Foundation) is a nonprofit organization that supports the development and dissemination of Scratch, a programming language developed at the MIT Media Lab. The Foundation's primary programmatic purpose of furthering the development and dissemination of Scratch is supported by raising funds for the Scratch project and communicating the value of creative coding. This includes hosting events, developing corporate partnerships, sharing information via communication efforts, and cultivating new and existing donors. 5 4 3 6 0 0 4297949 4510133 0 0 26429 95046 -180709 -639049 4143669 3966130 550000 442739 0 0 252476 159959 0 63333 257040 221322 937584 1023798 1603615 3119871 2362515 5113583 7586105 46608 156615 5066975 7429490 X See Schedule OScratch Foundation (the Foundation) is a nonprofit organization that supports the development and dissemination of Scratch, a programming language developed at the MIT Media Lab. The Foundation's primary programmatic purpose of furthering the development and dissemination of Scratch is supported by raising funds for the Scratch project and communicating the value of creative coding. This includes hosting events, developing corporate partnerships, sharing information via communications efforts, and cultivating new and existing donors. 0 0 1126069 442739 Scratch Foundation raises funds and provides them to organizations to further the development and dissemination of Scratch, a programming language developed at the MIT Media Lab. 1126069 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 11 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 1 0 1 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 DE GA MD MA NY X Lyudmila Koyenova 6468604789 100 Avenue of the Americas 16th Fl New York NY 10013 X Mitchel Resnick President/Chair, Interim Exec. Dir. 29.00 X X 0 0 0 David M Siegel Vice-Chair 1.00 X X 0 0 0 Margaret Honey Board Member 0.50 X 0 0 0 Avraham Kadar Board Member 0.50 X 0 0 0 Christina Miller Board Member 0.50 X 0 0 0 Joi Ito Past Board Member 0.50 X 0 0 0 Sheri Vammen Secretary 0.50 X 0 0 0 Lisa O'Brien Past Executive Director 21.00 X 50844 0 3211 Julie Labate Past Treasurer 2.00 X 0 0 0 50844 0 3211 0 0 0 0 Bocoup LLC 112 Water St Suite 301 Boston MA 02109 Consultant 272000 Mas Event & Design LLC 77 Sands St 12th Floor Brooklyn NY 11201 Gala Consultant 258350 Wiley Rein LLP 1776 K Street NW Washington DC 20006 Legal Services 124992 Development Guild 233 Harvard Street Suite 107 Brookline MA 02446 Fundraising 110833 4 1367048 3143085 4510133 95046 95046 71600 1367048 702881 -631281 -631281 8565 16333 -7768 -7768 3966130 0 0 -544003 X 432739 432739 10000 10000 54056 13514 35136 5406 84723 46689 8262 29772 9248 4305 1900 3043 11932 4892 3818 3222 153493 62932 49118 41443 18383 7537 5883 4963 63333 63333 419917 360724 32105 27088 15271 6261 4887 4123 36402 14556 7695 14151 38791 15904 12413 10474 129098 53818 40830 34450 83786 74411 5085 4290 9216 4044 2805 2367 5581 2288 1786 1507 1451 595 464 392 Miscellaneous 26195 10860 8319 7016 1603615 1126069 220506 257040 X 231393 250731 3317605 6426567 1552275 672063 8106 6259 90371 9886 2204 80485 2000 150000 5113583 7586105 46608 102534 0 54081 46608 156615 X 4516975 6907206 550000 522284 5066975 7429490 5113583 7586105 2362515 0 X 0 1 X 1 0 X 1983915 1995093 3043607 4297949 4510133 15830697 1983915 1995093 3043607 4297949 4510133 15830697 7190603 8640094 24834 95046 119880 154 1069 891 1554 3668 15954245 0.54160 0.49770 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2015 Amount: $ 154. 2016 Amount: $ 1,069. 2017 Amount: $ 891. 2018 Amount: $ 1,554. 2019 Amount: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90371 9886 80485 80485 Deferred Rent 54081 54081 3982463 16333 16333 3966130 0 3966130 1619948 16333 16333 1603615 0 1603615 Part XI, Line 2d - Other Adjustments: Cost of Sales 16,333. Part XII, Line 2d - Other Adjustments: Cost of Sales 16,333. 1 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Education 44825 North America - Canada and Mexico, but not the United States 0 0 Program Services Education 3840 Sub-Saharan Africa - Kenya 0 0 Program Services Education 2500 0 0 0 0 0 0 51165 0 51165 Sub-Saharan Africa Education 10000 Wire transfer 1 0 0 0 0 0 0 Part I, Line 2: The Scratch Foundation schedules periodic follow up inquiries with grant recipients and generates a written summary of activity at year-end. Part III Accounting Method: X X X X X 1 Development Guild 233 Harvard St Ste 107 Brookline MA 02446 Professional Fundraising Services 0 1438648 110833 1327815 1438648 110833 1327815 NY CA Gala 1438648 1367048 71600 6347 105000 591534 1438648 1367048 71600 6347 105000 591534 702881 -631281 Form 990, Schedule G, Part I, Line 2b: Amounts paid to professional fundraiser ($47,500) are included in total special event expenses reported on Form 990, Part VIII, Line 8b. 1 Harvard Graduate School of Education 13 Appian Way Longfellow Hall G-012 G-012 Cambridge MA 02138 042103580 501(c)(3) 200000 Education MIT Media Lab 75 Amherst Street E14-445B Cambridge MA 02142 042103594 501(c)(3) 132739 Education Tufts University 105 College Avenue Medford MA 02155 042103634 501(c)(3) 100000 Education 3 0 Part I, Line 2: The Scratch Foundation schedules periodic follow up inquiries with grant recipients and generates a written summary of activity at year-end. Two Sigma Investments David M. Siegel 74206 See Part VBusiness transactions with the Foundation conducted by the Officer of theFoundation are not excess benefit transactions. The Foundation is payingmarket rates for the services provided by Two Sigma Investments. 0 Form 990, Part IV, Line 28c and Schedule L: David M. Siegel is the co-chairman and co-founder of Two Sigma Investments, LP (TSI). He serves as the Vice-Chair of the Board. During 2019, the Foundation paid TSI $74,206 for administrative services. Form 990, Part VI, Section A, line 2 David M. Siegel is the Co-Chairman of Two Sigma Investments, LP. Sheri Vammen is an employee of Two Sigma Investments, LP. Julie Labate (Past Treasurer) was also an employee of Two Sigma Investments, LP but resigned at the end of 2019. Form 990, Part VI, Section A, line 4 During 2019, the Organization changed its legal name to Scratch Foundation. The Organization's governing documents were updated accordingly to reflect this change. Applicable State authorities and the Internal Revenue Service have been notified as well. Form 990, Part VI, Section A, line 6 The Organization has two members who were elected by the sole incorporator. Form 990, Part VI, Section A, line 7a The members have the right to appoint individuals to the Board of Directors. Form 990, Part VI, Section A, line 8b The Organization has no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form is prepared by a third party. The Form 990 goes through a detailed review internally by the Treasurer. Once the return has gone through this review, the final Form 990 is distributed via email to each member of the Board of Directors with a recommendation to file the return with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy and disclosure form is sent to every board member and corporate officer on an annual basis. During the course of board meetings, board members disclose any conflicts related to the agenda item/discussion and abstain from voting. Whenever appropriate, the board member would be excused from the room during discussion and voting. To ensure the foundation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews of this policy are conducted. Form 990, Part VI, Section B, line 15a The Foundation will enter into a written compensation arrangement, specifying the date and terms of any arrangement whereby the foundation will pay compensation to a person, company or entity, prior to paying compensation to any person, company, or entity. The Foundation can only enter into a compensation arrangement with the approval of a majority of Board of Directors. When determining whether to vote for a proposed compensation arrangement, the Board of Directors considers information about compensation paid by similarly situated taxable or tax-exempt organizations for similar services, current compensation surveys compiled by independent firms, or actual written offers from similarly situated organizations. The Foundation will record in writing the information on which it bases its decision to approve a compensation arrangement. Form 990, Part VI, Section C, line 19 The Organization considers requests for financial statements, governing documents or conflict of interest policy on a case by case basis. Form 990, Part VII: Julie Labate was an employee of Two Sigma Investments, LP ("TSI") and was paid for the services she provided to the Foundation through a management contract the Foundation has with TSI until the end of 2019. Payments by the Foundation for such services of this officer were made to TSI quarterly in arrears. All such payments are for the portion of the direct compensation of such officer attributable to the services rendered to the Foundation. Form 990, Part IX, line 11g Other Professional Fees: Program service expenses 360,724. Management and general expenses 32,105. Fundraising expenses 27,088. Total expenses 419,917. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Scratch Foundation 201 South Street, Suite 1-102 Boston, MA 02111 EIN 46-2612143 Scratch Foundation is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).