2020-03-03T13:11:00-06:00 2019-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2018-07-01 943362724 KIPP FOUNDATION KIPP 4153991556 135 MAIN STREET NO 1700 SAN FRANCISCO CA 94105 GARFIELD BYRD CFO 4158747383 2020-03-03 1 MAGA E KISRIEV P01008919 4157810793 73.70.253.168 2020-03-03 13:00:34 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0FD9DDE82EC6D4B8065AB7615AF10F25757ED51F 2018 2020-09-23 17:36:50Z RICHARD BARTH 135 MAIN STREET NO 1700 SAN FRANCISCO CA 94105 101795139 0 X WWW.KIPP.ORG X 2000 CA TO CREATE PUBLIC SCHOOLS THAT EQUIP EDUCATIONALLY UNDERSERVED STUDENTS WITH SKILLS TO SUCCEED. 15 13 221 13 0 0 62815001 56666723 6731619 6840774 321983 747792 38674 62730 69907277 64318019 20762238 17802423 0 0 27989961 29036218 0 0 2022463 25075154 19349016 73827353 66187657 -3920076 -1869638 70465363 67290028 20286742 18981045 50178621 48308983 X TO CREATE A RESPECTED, INFLUENTIAL, AND NATIONAL NETWORK OF PUBLIC SCHOOLS THAT ARE SUCCESSFUL IN HELPING STUDENTS FROM EDUCATIONALLY UNDERSERVED COMMUNITIES DEVELOP THE KNOWLEDGE, SKILLS, CHARACTER, AND HABITS NEEDED TO SUCCEED IN COLLEGE AND THE COMPETITIVE WORLD BEYOND. 0 0 20990807 14442790 4695889 NETWORK GROWTH & SUSTAINABILITY:THE FOUNDATION PROVIDES ON-GOING ASSISTANCE TO GROW KIPP SCHOOLS & REGIONS IN THE AREAS OF SCHOOL LEADER AND REGIONAL LEADER RECRUITMENT, SCHOOL FINANCE AND OPERATIONS, LEGAL SUPPORT, TECHNOLOGY SUPPORT, SUSTAINABLE GROWTH, AND NEW SITE DEVELOPMENT. 14758678 1805148 2129675 LEADERSHIP DEVELOPMENT:THE FOUNDATION TRAINS BOTH NEW AND SITTING LEADERS TO BE ASSISTANT PRINCIPALS, FOUNDING PRINCIPALS, SUCCESSOR PRINCIPALS, AND REGIONAL LEADERS THROUGH ITS KIPP SCHOOL LEADERSHIP PROGRAM (KSLP) AND NETWORK LEADER DEVELOPMENT (NLD) PROGRAMMING. KSLP HAS MULTIPLE PROGRAM OFFERINGS INCLUDING: THE FISHER FELLOWSHIP, SUCCESSOR PREP, LEADERSHIP TEAM, AND THE MILES FAMILY FELLOWSHIP. THE FISHER FELLOWSHIP IS A ONE-YEAR, COHORT-BASED LEADERSHIP PROGRAM THAT PREPARES SELECTED EDUCATORS TO FOUND, LEAD, AND GROW A NEW HIGH-PERFORMING KIPP SCHOOL. SUCCESSOR PREP IS A 15 MONTH COHORT-BASED LEADERSHIP PROGRAM THAT PREPARES EXPERIENCED LEADERS WHO HAVE BEEN IDENTIFIED AND/OR SELECTED AS THE SUCCESSOR LEADER OF AN EXISTING KIPP SCHOOL. THE LEADERSHIP TEAM AND MILES FAMILY FELLOWSHIP PROGRAMS ARE YEAR-LONG COHORT-BASED LEADERSHIP PROGRAMS, FOCUSED ON DEVELOPING ASSISTANT PRINCIPALS. NLD OFFERS ADDITIONAL INSTRUCTIONAL LEADERSHIP SUPPORT TO REGIONAL ACADEMIC LEADERS AS WELL AS HIGH SCHOOL LEADERSHIP DEVELOPMENT AND SUPPORT TO HIGH SCHOOL LEADERS. 5553413 229000 0 RESEARCH, DESIGN & INNOVATION: THROUGH RESEARCH, DESIGN AND INNOVATION, THE FOUNDATION FOCUSES ON SUPPORTING CONTINUOUS LEARNING AND IMPROVEMENT AMONG KIPP SCHOOLS & REGIONS BY CREATING ONGOING VISIBILITY INTO KIPP'S NETWORK-WIDE PERFORMANCE; GENERATING ACTIONABLE INSIGHTS; ENSURING HIGH QUALITY DATA AND RESEARCH SUPPORT NETWORK LEADERS IN MAKING DATA-DRIVEN DECISIONS; AND PROMOTING INNOVATION AND FACILITATING THE EXCHANGE OF IDEAS THROUGH SHARED RESOURCES, RETREATS AND PROFESSIONAL DEVELOPMENT EVENTS SUCH AS THE KIPP SCHOOL SUMMIT. 13353537 1325485 0 TEACHING & LEARNING LABS: THE FOUNDATION PROVIDES KIPP SCHOOLS AND REGIONS WITH CURRICULUM AND RELATED RESOURCES, TRAINING, AND IMPLEMENTATION SUPPORT TO MAXIMIZE INSTRUCTIONAL EFFECTIVENESS AND OUTCOMES. KIPP THROUGH COLLEGE: THE FOUNDATION SUPPORTS KIPP SCHOOLS AND REGIONS IN STRENGTHENING THEIR COLLEGE COUNSELING AND ALUMNI ADVISING TO ENSURE THAT KIPP ALUMNI, NATIONWIDE, SUCCESSFULLY MATRICULATE TO AND GRADUATE FROM COLLEGE, AND TRANSITION SUCCESSFULLY TO STRONG FIRST JOBS. THE FOUNDATION HAS CREATED A SET OF NATIONAL INITIATIVES AND PROGRAMS DESIGNED TO SUPPORT AND PROVIDE RESOURCES TO LOCAL KIPP THROUGH COLLEGE PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS INCLUDE BUILDING COLLEGE PARTNERSHIPS, BUILDING SUPPORT FOR KIPP ALUMNI ON COLLEGE CAMPUSES, AND PROFESSIONAL DEVELOPMENT FOR SCHOOL LEADERS THROUGH TRAINING AND SHARED TOOLS AND RESOURCES. POLICY & PUBLIC AFFAIRS:THE FOUNDATION HAS ADOPTED A POLICY AND PUBLIC AFFAIRS STRATEGY TO DO THE FOLLOWING: PROACTIVELY SHIFT THE NARRATIVE ABOUT KIPP AND CHARTERS TO PROTECT AND GROW THE KIPP BRAND, ENGAGE MORE STAKEHOLDERS AND PAVE THE WAY FOR GROWTH; BUILD AUTHENTIC RELATIONSHIPS ROOTED IN A SHARED AGENDA TO ADVOCATE NATIONALLY AND LOCALLY ON KEY POLICY PRIORITIES THAT SUPPORT STUDENTS AND ALUMNI ON THE PATH TO LEADING CHOICE-FILLED LIVES; CONNECT ADULT ALUMNI TO EACH OTHER AND TO KIPP; BUILD THE CAPACITY OF KIPP SCHOOLS & REGIONS TO LEVERAGE KIPP'S NATIONAL SCALE AND COMMUNICATE AND ADVOCATE PROACTIVELY IN A COORDINATED MANNER. 13353537 1325485 0 54656435 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 393 0 1 221 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI ID IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X GARFIELD BYRD 4155134106 135 MAIN STREET SUITE 1700 SAN FRANCISCO CA 94105 JOHN FISHER CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 EMMA BLOOMBERG BOARD MEMBER 1.00 X 0 0 0 KATHERINE BRADLEY BOARD MEMBER 1.00 X 0 0 0 REED HASTINGS BOARD MEMBER 1.00 X 0 0 0 SHAVAR JEFFRIES BOARD MEMBER 1.00 X 0 0 0 MARTHA KARSH BOARD MEMBER 1.00 X 0 0 0 MICHAEL LOMAX BOARD MEMBER 1.00 X 0 0 0 MARK NUNNELLY BOARD MEMBER 1.00 X 0 0 0 JERELYN RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 KINNARI PATEL-SMYTH BOARD MEMBER 1.00 X 0 0 0 JOSE VILLARREAL BOARD MEMBER 1.00 X 0 0 0 CARRIE WALTON PENNER BOARD MEMBER 1.00 X 0 0 0 ABIGAIL WEXNER BOARD MEMBER 1.00 X 0 0 0 RICHARD BARTH CHIEF EXECUTIVE OFFICER 40.00 X X 494247 0 12813 DAVID LEVIN CO-FOUNDER, DIRECTOR 40.00 X 496393 0 43318 MICHAEL FEINBERG CO-FOUNDER, DIRECTOR (THRU 2/22/18) 40.00 X 90568 0 6994 GARFIELD BYRD CFO, BOARD OFFICER 40.00 X 254149 0 37577 WILLIAM HIGHBAUGH GENERAL COUNSEL & BOARD SECRETARY 40.00 X 223901 0 18930 JACK CHOROWSKY PRESIDENT 40.00 X 383980 0 37991 LISA DAGGS CHIEF NETWK GROWTH OFF(THRU 8/31/18) 40.00 X 303473 0 13558 RICHARD BUERY CHIEF OF POLICY AND PUBLIC AFFAIRS 40.00 X 292798 0 33449 ERIN MCMAHON CHIEF PROGRAMS AND IMPACT 40.00 X 267742 0 20149 JONATHAN COWAN CHIEF RSRCH,DESIGN & INNOVATION OFF 40.00 X 253688 0 37697 SHERRY PREISS CHIEF TEACH &LEARN OFF(THRU 6/29/18) 40.00 X 259397 0 14666 3320336 0 277142 101 0 1 0 WISEWIRE INC 8 MARKET PLACE SUITE 300 BALTIMORE MD 21202 CURRICULUM RESEARCH & DEVELOPMENT 694436 UNIV OF CHICAGO RESIDENTIAL SERVICES 5500 S UNIVERSITY AVE SUITE 110 CHICAGO IL 60637 CONFERENCE SERVICES 649787 RELAY GRADUATE SCHOOL OF EDUCATION 40 W 20TH ST 7TH FLOOR NEW YORK NY 10004 PROFESSIONAL DEV & IMPLEMENTATION 592013 MARRIOTT BUSINESS SERVICES 10400 FERNWOOD ROAD BETHESDA MD 20817 CONFERENCE SERVICES 510820 WINSTEAD PC 2728 N HARWOOD ST STE 500 DALLAS TX 75201 LEGAL FEES 383231 31 15355796 41310927 225419 56666723 LICENSE FEES 900099 4695889 4695889 LEADERSHIP INCOME 900099 2129675 2129675 QUALIFIED SPONSORSHIP 900099 15210 15210 6840774 746682 746682 37478230 37477120 1110 1110 1110 REBATES 900099 60406 60406 LOAN SERVICE FEE INCOM 900099 2000 2000 LOAN ORIG/PTL GUARANTY 900099 324 324 62730 64318019 6825564 0 825732 X 17530688 17530688 271735 271735 4289978 2683570 1496291 110117 19490913 14477587 3884546 1128780 700631 520764 139654 40213 2859360 2085214 615357 158789 1695336 1227273 379159 88904 156509 155049 1103 357 240800 240800 39286 39286 6639946 5820374 676096 143476 269461 237662 7602 24197 1505895 938038 523701 44156 770672 709101 40487 21084 1281610 942445 258372 80793 4489019 4025526 361699 101794 2377596 2137691 236747 3158 977490 705965 205152 66373 93386 67445 19600 6341 EMPLOYEE RECRUITING COS 421610 96962 323165 1483 BAD DEBT EXPENSE 57191 57191 DATA ACQUISITION 23147 23147 OTHER EXPENSES 5398 199 2751 2448 66187657 54656435 9508759 2022463 30189413 22171439 16294950 12575673 5363939 5169639 2024157 1724156 457160 567086 7716779 5435311 1977597 2281468 13411790 21455140 746357 1345427 70465363 67290028 12814147 11211008 95225 156850 7377370 7613187 20286742 18981045 X 31570471 30890607 18608150 17418376 50178621 48308983 70465363 67290028 -1869638 0 X 0 1 X 1 1 1 X 61843473 71134686 53311627 62815001 56666723 305771510 61843473 71134686 53311627 62815001 56666723 305771510 96747125 209024385 28824 47083 143073 322671 746682 1288333 4187 1751 8684 38674 62730 116026 307175869 31465338 0.68050 0.67850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2014 AMOUNT: $ 4,187. 2015 AMOUNT: $ 1,751. 2016 AMOUNT: $ 8,684. 2017 AMOUNT: $ 38,674. 2018 AMOUNT: $ 62,730. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 4171 1 28102 0 1 80050 1 11423 0 123746 0 PART II-B, LINE 1: THE FOUNDATION HAS A SENIOR DIRECTOR, DIRECTOR, AND ASSOCIATE OF GOVERNMENT AFFAIRS AND POLICY WHO LOBBIES TO MODERNIZE THE CHARTER SCHOOLS PROGRAM ON THE NATIONAL LEVEL. EXPENSES IN LINE 1G AND 1H INCLUDE A PORTION OF THE SALARY OF THESE INDIVIDUALS. 1842949 982634 860315 695859 624298 71561 5177971 3828379 1349592 2281468 GUARANTEES 100000 GOVERNMENT ADVANCE 7513187 7613187 X 69079058 4800325 4800325 64278733 39286 39286 64318019 70948696 4800325 4800325 66148371 39286 39286 66187657 PART X, LINE 2: THE FOUNDATION HAS RECEIVED DETERMINATION FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM THE STATE OF CALIFORNIA FRANCHISE TAX BOARD GRANTING EXEMPTION FROM TAXATION ON RELATED INCOME. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, IF ANY, GENERATED BY ITS INVESTMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THESE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. 1 KIPP AUSTIN PUBLIC SCHOOLS INC 8509 FM 969 BUILDING 513 AUSTIN TX 78724 010639602 501(C)(3) 280296 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS KIPP BALTIMORE 2000 EDGEWOOD ST BALTIMORE MD 21216 522342513 501(C)(3) 23496 SCHOOL START-UP KIPP BAY AREA SCHOOLS 1000 BROADWAY 460 OAKLAND CA 94607 205010766 501(C)(3) 1160624 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, KIPP THROUGH COLLEGE, FINANCIAL LITERACY, RECRUITING SUPPORT KIPP CHARLOTTE 931 WILANN DRIVE CHARLOTTE NC 28215 205664061 501(C)(3) 67008 SCHOOL START-UP, RECRUITING SUPPORT KIPP CHICAGO 2007 SOUTH HALSTED ST CHICAGO IL 60608 300075271 501(C)(3) 1181939 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT KIPP COLORADO SCHOOLS 1390 LAWRENCE ST DENVER CO 80204 800037534 501(C)(3) 912327 SCHOOL START-UP, LOCAL ADVOCACY KIPP COLUMBUS 2900 INSPIRE DRIVE COLUMBUS OH 43224 208627107 501(C)(3) 290829 SCHOOL START-UP, SCHOOL MUSIC PROGRAMS KIPP DALLAS-FORT WORTH 3200 SOUTH LANCASTER STE 230-A DALLAS TX 75216 820578155 501(C)(3) 714157 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT KIPP DC 2600 VIRGINA AVE NW STE 900 WASHINGTON DC 20037 742974642 501(C)(3) 101000 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, KIPP THROUGH COLLEGE, CAREER READINESS KIPP DELTA PUBLIC SCHOOLS 514 MISSOURI HELENA AR 72342 311807400 501(C)(3) 68608 SCHOOL START-UP, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY KIPP EASTERN NOTHERN CAROLINA 320 PLEASANT HILL ROAD GASTON NC 27832 742991314 501(C)(3) 572446 SCHOOL START-UP, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY, KIPP THROUGH COLLEGE KIPP ENDEAVOR ACADEMY 2700 E 18TH ST KANSAS CITY MO 64127 208552002 501(C)(3) 67474 SCHOOL START-UP KIPP HOUSTON 10711 KIPP WAY HOUSTON TX 77099 133875888 501(C)(3) 1522916 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY KIPP INDIANAPOLIS 1740 EAST 30TH STREET INDIANAPOLIS IN 46218 300145826 501(C)(3) 399030 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT KIPP LA SCHOOLS 3601 E FIRST STREET LOS ANGELES CA 90063 261607268 501(C)(3) 1838588 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, FINANCIAL LITERACY KIPP MASSACHUSETTS 90 HIGH ROCK STREET LYNN MA 01902 743153091 501(C)(3) 20000 SCHOOL START-UP, REGIONAL GROWTH, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY KIPP MEMPHIS COLLEGIATE SCHOOLS 2670 UNION AVENUE EXTENDED 1100 MEMPHIS TN 38112 680502820 501(C)(3) 59328 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS KIPP METRO ATLANTA 504 FAIR ST SW ATLANTA GA 30313 113723114 501(C)(3) 677763 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, KIPP THROUGH COLLEGE, STUDENT ART GALLERY KIPP MIAMI INC - CO KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 814473475 501(C)(3) 600921 SCHOOL START-UP KIPP MINNESOTA 5034 N OLIVER AVENUE MINNEAPOLIS MN 55430 208877750 501(C)(3) 366837 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT KIPP NASHVILLE 123 DOUGLAS AVENUE NASHVILLE TN 37207 202799123 501(C)(3) 908931 SCHOOL START-UP, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY, LOCAL ADVOCACY KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 010660264 501(C)(3) 1416131 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY, KIPP THROUGH COLLEGE, LOCAL ADVOCACY KIPP NEW ORLEANS 1307 ORETHA CASTLE HALEY BLVD STE 302 NEW ORLEANS LA 70113 202277213 501(C)(3) 265000 SCHOOL START-UP, SCHOOL MUSIC PROGRAMS, KIPP THROUGH COLLEGE, LOCAL ADVOCACY KIPP NYC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 203971209 501(C)(3) 1455673 SCHOOL START-UP, PRINCIPAL & DEVELOPMENT, SCHOOL MUSIC PROGRAMS ONE WORLD NETWORK 620 FLORIDA ST STE 110 BATON ROUGE LA 70801 463104577 501(C)(3) 280000 MSDF GRANT FOR THEIR WORK IN SOUTH AFRICA KIPP PHILADELPHIA SCHOOLS 5070 PARKSIDE AVE STE 3500D MAILBOX 41 PHILADELPHIA PA 19131 050546103 501(C)(3) 599344 SCHOOL START-UP, ,PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, CAREER READINESS, RECRUITING SUPPORT KIPP REACH COLLEGE PREPARATORY 1901 NE 13TH STREET OKLAHOMA CITY OK 73117 300005794 501(C)(3) 219369 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, REGIONAL GROWTH KIPP SAN ANTONIO 731 FREDERICKSBURG ROAD SAN ANTONIO TX 78201 412090713 501(C)(3) 242476 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS KIPP SAN DIEGO 1475 SIXTH AVENUE 2ND FL SAN DIEGO CA 92101 481291867 501(C)(3) 8256 PRINCIPAL PIPELINE & DEVELOPMENT KIPP ST LOUIS 1310 PAPIN ST STE 203 ST LOUIS MO 63103 010916759 501(C)(3) 466936 SCHOOL START-UP KIPP TECH VALLEY 321 NORTHERN BLVD ALBANY NY 12210 201347748 501(C)(3) 68271 SCHOOL START-UP KIPP TEXAS PUBLIC SCHOOLS 10711 KIPP WAY HOUSTON TX 77099 133875888 501(C)(3) 256729 SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL MUSIC PROGRAMS, FINANCIAL LITERACY KIPP TULSA COLLEGE PREPARATORY 1661 EAST VIRGIN STREET TULSA OK 74106 113740269 501(C)(3) 333359 PRINCIPAL PIPELINE & DEVELOPMENT, REGIONAL GROWTH 33 0 HARRIET BALL EXCELLENCE IN TEACHING AWARD 11 110000 DORIS FISHER KIPPSTER OF THE YEAR AWARD 11 30196 THE KIPP THROUGH COLLEGE EXCELLENCE IN LEADERSHIP AWARD 1 10000 THE FOUNDERS KIPP SIX AWARDS 11 110000 PART I, LINE 2: THE FOUNDATION GIVES GRANTS TO KIPP REGIONS BASED ON NEED OR SPECIFICATION FROM THE GRANTOR. EACH GRANT HAS A SEPARATE SET OF CRITERIA AND IS REVIEWED BY FOUNDATION STAFF FOR COMPLIANCE AND MERIT. SCHEDULE I, PART I, LINE 2 U.S. DEPARTMENT OF EDUCATION (US ED) SCHOOL GRANTS ARE APPLIED FOR BY THE INDIVIDUAL SCHOOLS THROUGH SUBMISSION OF DETAILED BUDGET REQUESTS, WHICH ARE ULTIMATELY APPROVED FOR FUNDING BY THE U.S. DEPARTMENT OF EDUCATION. UPON AWARD, GRANT LETTERS ARE PROVIDED TO EACH OF THE SCHOOLS STATING SPECIFIC TERMS FOR COSTS ACCEPTED FOR FUNDING AND BUDGET COMPLIANCE. IN ADDITION, A CONFERENCE CALL IS HELD DIRECTLY WITH THE KIPP FEDERAL GRANTS MANAGEMENT TEAM AND A REPRESENTATIVE FROM EACH OF THE KIPP SCHOOLS AWARDED FUNDING TO REVIEW THE AWARD GUIDELINES. COMPLIANCE THROUGHOUT THE YEAR IS MONITORED BY THE KIPP FOUNDATION FINANCE TEAM THROUGH THE REVIEW OF THE QUARTERLY DRAWDOWN REQUESTS AND SITE VISITS AS APPLICABLE. EACH RECIPIENT SCHOOL IS REQUIRED TO SUBMIT APPROPRIATE DOCUMENTATION FOR ALL EXPENSES FOR WHICH THEY ARE REQUESTING TO DRAWDOWN FUNDS. KIPP FOUNDATION REVIEWS EACH REQUEST FOR ACCURACY AND ALLOWABILITY, IN ACCORDANCE WITH THE ORIGINAL BUDGET REQUEST. RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AS APPLICABLE AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. FINALLY, KIPP FOUNDATION PROVIDES AN ANNUAL REPORT TO THE U.S. DEPARTMENT OF EDUCATION REGARDING FUNDS RECEIVED DURING THE PREVIOUS FISCAL YEAR TO ENSURE COMPLIANCE. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 RICHARD BARTH CHIEF EXECUTIVE OFFICER 491727 0 0 0 2520 0 10800 0 2013 0 507060 0 0 0 DAVID LEVIN CO-FOUNDER, DIRECTOR 494209 0 0 0 2184 0 10800 0 32518 0 539711 0 0 0 GARFIELD BYRD CFO, BOARD OFFICER 250789 0 0 0 3360 0 10386 0 27191 0 291726 0 0 0 WILLIAM HIGHBAUGH GENERAL COUNSEL & BOARD SECRETARY 221381 0 0 0 2520 0 8014 0 10916 0 242831 0 0 0 JACK CHOROWSKY PRESIDENT 381460 0 0 0 2520 0 10800 0 27191 0 421971 0 0 0 LISA DAGGS CHIEF NETWK GROWTH OFF(THRU 8/31/18) 181327 0 0 0 122146 0 6340 0 7218 0 317031 0 0 0 RICHARD BUERY CHIEF OF POLICY AND PUBLIC AFFAIRS 291146 0 0 0 1652 0 10790 0 22659 0 326247 0 0 0 ERIN MCMAHON CHIEF PROGRAMS AND IMPACT 248978 0 16500 0 2264 0 9322 0 10827 0 287891 0 0 0 JONATHAN COWAN CHIEF RSRCH,DESIGN & INNOVATION OFF 251504 0 0 0 2184 0 10506 0 27191 0 291385 0 0 0 SHERRY PREISS CHIEF TEACH &LEARN OFF(THRU 6/29/18) 141161 0 0 0 118236 0 5340 0 9326 0 274063 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A $200 ANNUAL HEALTH AND WELLNESS INCENTIVE TO ALL ACTIVE/REGULAR STATUS EMPLOYEES WORKING 20 OR MORE HOURS PER WEEK AS OF SEPTEMBER, 2018. PART I, LINE 4A LISA DAGGS, CHIEF NETWORK GROWTH OFFICER, RECEIVED $120,670 SEVERANCE PAYMENT IN 2018. SHERRY PREISS, CHIEF TEACHING AND LEARN OFFICER RECEIVED $114,819 SEVERANCE PAYMENT IN 2018. DORIS & DONALD FISHER FUND JOHN FISHER - ADVISOR OF THE FUND. 249000 JOHN FISHER IS AN ADVISOR OF THE FUND AND THE SON OF DORIS FISHER. JOHN IS ON THE BOARD OF DIRECTORS OF THE KIPP FOUNDATION. AN EMPLOYEE OF THE DORIS & DONALD FISHER FUND SERVED AS AN INDEPENDENT CONTRACTOR TO THE KIPP FOUNDATION. 0 X 8 225419 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 2 JACK CHOROWSKY IS THE BROTHER-IN-LAW OF DAVE LEVIN. FORM 990, PART VI, SECTION A, LINE 8B THE AUDIT COMMITTEE AND FINANCE COMMITTEE DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE FINANCE TEAM PREPARED THE 2018 990 ORGANIZER TABS, WHICH WERE EITHER REVIEWED BY THE CONTROLLER OR SENIOR DIRECTOR OF GRANTS MANAGEMENT. THE ORGANIZER WAS FORWARDED TO HOOD AND STRONG, LLP FOR PREPARATION OF THE FORM 990. UPON PREPARATION OF THE 990 DRAFT, THE ACCOUNTING MANAGER, THE CONTROLLER, THE SENIOR DIRECTOR OF GRANTS MANAGEMENT, DIRECTOR OF FINANCIAL PLANNING & ANALYSIS, THE CHIEF FINANCIAL OFFICER, AND GENERAL COUNSEL REVIEWED THE FIRST DRAFT. THE DRAFT WAS SUBMITTED TO THE AUDIT COMMITTEE MEMBERS. THE AUDIT COMMITTEE MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND DIRECT THEIR QUESTIONS TO THE CFO AND/OR GENERAL COUNSEL. UPON SATISFACTION OF ANY QUESTIONS, THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AS DEFINED IN THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ON AN ONGOING BASIS IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY AND KIPP FOUNDATION CODE OF ETHICS, WHICH REQUIRE DISCLOSURE WHEREVER A POTENTIAL CONFLICT ARISES. IF THE BOARD DETERMINES THERE IS A CONFLICT OF INTEREST, THE CHAIRMAN OF THE BOARD SHALL, IF APPROPRIATE, REQUEST AN INVESTIGATION OF ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD WILL THEN VOTE ON WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON MAY NOT VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS A CONFLICT OF INTEREST NOR WHETHER IT SHOULD BE APPROVED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR APPROVAL INVOLVES AN INDEPENDENT THIRD PARTY ORGANIZATION PROVIDING INFORMATION WHICH: * PROVIDES MARKET COMPARABILITY DATA TO ASSIST THE BOARD IN MAKING DECISIONS REGARDING ANY POTENTIAL CHANGES TO THE CURRENT COMPENSATION PROGRAM, * EVALUATES THE COMPETITIVENESS OF THE CURRENT COMPENSATION ARRANGEMENTS AND ADVISE THE BOARD ON THE RANGE OF COMPETITIVE PRACTICES FOR FUNCTIONALLY COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS PROVIDING SIMILAR SERVICES, * PROVIDES OPINION ON THE REASONABLENESS OF THE PROPOSED COMPENSATION ARRANGEMENTS, TAKING ALL RELEVANT FACTORS INTO CONSIDERATION, TO ASSIST THE BOARD WITH ITS GOVERNANCE RESPONSIBILITIES UNDER INTERNAL REVENUE CODE SECTION 4958 AND APPLICABLE REGULATIONS, COMMONLY REFERRED TO AS THE "INTERMEDIATE SANCTIONS" LEGISLATION, AND * FINALLY, SAID COMPENSATION IS APPROVED BY THE KIPP FOUNDATION'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN IRC 6104(D). DOCUMENTS MAY BE VIEWED AT WWW.KIPP.ORG AND UPON REQUEST. FORM 990, PART IX, LINE 11G COMPUTER/SOFTWARE CONSULTING: PROGRAM SERVICE EXPENSES 45,116. MANAGEMENT AND GENERAL EXPENSES 66,820. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,936. OPERATIONS CONSULTING: PROGRAM SERVICE EXPENSES 3,001,569. MANAGEMENT AND GENERAL EXPENSES 390,360. FUNDRAISING EXPENSES 107,997. TOTAL EXPENSES 3,499,926. TEMPORARY ASSISTANCE: PROGRAM SERVICE EXPENSES 89,785. MANAGEMENT AND GENERAL EXPENSES 75,085. FUNDRAISING EXPENSES 35,479. TOTAL EXPENSES 200,349. INSTRUCTIONAL CONSULTING: PROGRAM SERVICE EXPENSES 2,683,904. MANAGEMENT AND GENERAL EXPENSES 143,831. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,827,735.