2025-01-31T12:53:16-06:00 2024-08-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-09-01 237035089 THE NEA FOUNDATION FOR THE IMPROVEMENT OF EDUCATION NEAF 2028227840 1201 16TH STREET NW 416 WASHINGTON DC 20036 SARA A SNEED PRESIDENT & CEO 2028227840 2025-01-31 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2025-03-06 01:10:19Z SARA A SNEED 1201 16TH STREET NW 416 WASHINGTON DC 20036 15968924 0 X WWW.NEAFOUNDATION.ORG X 1969 DC THE FOUNDATION WORKS IN PARTNERSHIP W/ OTHERS TO PROMOTE THE VERY BEST IN PUBLIC EDUCATION. 25 24 19 25 0 0 3352115 3617646 0 0 -117539 3040609 0 0 3234576 6658255 1846639 1814996 0 0 1841783 2185679 0 0 406660 2172275 2193849 5860697 6194524 -2626121 463731 47215857 52733359 2364054 2249451 44851803 50483908 X THE NEA FOUNDATION (THE FOUNDATION), WORKS IN PARTNERSHIP WITH OTHERS TO PROMOTE THE VERY BEST IN PUBLIC EDUCATION. 0 0 1115480 992500 COMMUNITY SCHOOLS INITIATIVE - THE FOUNDATION'S COMMUNITY SCHOOLS INITIATIVE SUPPORTS THE DEVELOPMENT OF COMMUNITY SCHOOLS AS AN EDUCATIONAL JUSTICE AND EQUITY STRATEGY IN THE AMERICAN SOUTH, A REGION WITH PERSISTENT PATTERNS OF UNDERINVESTMENT IN PUBLIC EDUCATION AND THE HIGHEST CHILD POVERTY RATE IN THE NATION. COMMUNITY SCHOOLS ARE CO-CREATED THROUGH PARTNERSHIPS AMONG EDUCATORS AND SCHOOL LEADERS, COMMUNITY ORGANIZATIONS, STUDENTS, FAMILIES, AND LOCAL BUSINESS AND INSTITUTIONS TO MEET STUDENTS' ACADEMIC AND NON-ACADEMIC NEEDS. THROUGH ITS INITIATIVE, THE FOUNDATION HAS BUILT A REGIONAL COMMUNITY OF PRACTICE TO SUPPORT THE DEVELOPMENT OF COMMUNITY SCHOOLS ACROSS ARKANSAS, LOUISIANA AND MISSISSIPPI. 737452 90000 AWARDS FOR TEACHING EXCELLENCE - THE FOUNDATION PRESENTS THE AWARDS FOR TEACHING EXCELLENCE AT OUR ANNUAL GALA TO HONOR THE CRITICAL WORK THAT PUBLIC SCHOOL EDUCATORS DO EVERY DAY. IN 2024, WE CELEBRATED 44 EXEMPLARY EDUCATORS, ALL FROM DIFFERENT STATES, IN FRONT OF AN AUDIENCE OF THOUSANDS OF PEOPLE ONLINE. 666431 609837 GRANTS TO EDUCATORS - TO IMPROVE STUDENT LEARNING, THE FOUNDATION PROVIDES GRANTS TO INDIVIDUALS AND TEAMS OF EDUCATORS TO SUPPORT INSTRUCTIONAL PRACTICE AND PROFESSIONAL DEVELOPMENT ACROSS ALL SUBJECT AREAS AND GRADE LEVELS. BY DIRECTLY FUNDING EDUCATOR-CONCEIVED AND LED PROJECTS, THE FOUNDATION ENABLES EDUCATORS TO CHART THEIR OWN COURSE TO SOLVE TEACHING AND LEARNING CHALLENGES. THE FOUNDATION GLEANS KNOWLEDGE FROM THESE GRANTS TO SHARE WHAT WORKS WITH THE FIELD AND TO INFORM OUR BROADER BODY OF WORK. 1917320 40000 PROGRAM ADMINISTRATION 386681 GLOBAL LEARNING FELLOWSHIP 72659 72659 RESPONSIVE GRANTMAKING 35000 10000 PARTNERSHIPS 2411660 122659 4931023 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 99 0 1 19 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X ERIC JAMES 2028227843 1201 16TH STREET NW 416 WASHINGTON DC 20036 SARA SNEED PRESIDENT & CEO 37.50 X X 292844 0 48462 NICK ARCHULETA CHAIR 10.00 X X 0 0 0 VALERIA LASSITER IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 OLETA GARRETT FITZGERALD VICE-CHAIR 2.00 X X 0 0 0 JOY WHITLOW SECRETARY-TREASURER 2.00 X X 0 0 0 AARO JEAN BELL DIRECTOR 1.00 X 0 0 0 DAAIYAH BILAL-THREATS DIRECTOR 1.00 X 0 0 0 BRET CONKLIN DIRECTOR 1.00 X 0 0 0 TIA DOWDELL DIRECTOR 1.00 X 0 0 0 BERTIS DOWNS DIRECTOR 1.00 X 0 0 0 LAURA ENGEL DIRECTOR 1.00 X 0 0 0 ERICA WEBBER JONES DIRECTOR 1.00 X 0 0 0 JOANNE KRELL DIRECTOR 1.00 X 0 0 0 STUART LUCAS DIRECTOR 1.00 X 0 0 0 BRENT MCKIM DIRECTOR 1.00 X 0 0 0 PEDRO NOGUERA DIRECTOR 1.00 X 0 0 0 ROGER POLLAK DIRECTOR 1.00 X 0 0 0 BECKY PRINGLE DIRECTOR 1.00 X 0 0 0 JANE QUIN DIRECTOR 1.00 X 0 0 0 MARCY SINGER-GABELLA DIRECTOR 1.00 X 0 0 0 DENISE SHEEHAN DIRECTOR 1.00 X 0 0 0 DERRON WALLACE DIRECTOR 1.00 X 0 0 0 MONICA WASHINGTON DIRECTOR 1.00 X 0 0 0 JERRY WEAST DIRECTOR 1.00 X 0 0 0 ROSS WIENER DIRECTOR 1.00 X 0 0 0 MARGARET PORTA COIO 37.50 X 175149 0 50274 ERIC JAMES CFAO 37.50 X 178529 0 19173 KATHERINE GIBNEY SVP OF DEVELOPMENT 37.50 X 154191 0 43683 ANDREW GRABEL SVP OF COMMS. (UNTIL 6/18/24) 37.50 X 132399 0 14527 933112 0 176119 5 0 1 0 LEADING AUTHORITIES 1725 I STREET NW SUITE 200 WASHINGTON DC 20006 GALA PRODUCTION CONSULTANT 226362 EF WORLD JOURNEYS INC TWO EDUCATION CIRCLE CAMBRIDGE MA 02141 TRAVEL AGENT CONSULTANT 210788 NEPC LLC 225 FRANKLIN STREET 29TH FLOOR BOSTON MA 02110 OCIO INVESTMENT CONSULTANT 165000 RIDGEWELLS CATERING 5525 DORSEY LN BETHESDA MD 20816 GALA CATERING 160593 DEVOTIVE LLC 284 STERLING PLACE UNIT 2 BROOKLYN NY 11238 GALA VIDEO PRODUCTION CONSULTANT 130205 6 559575 3058071 3617646 320209 320209 11847053 9126653 2720400 2720400 2720400 184016 559575 184016 0 6658255 0 0 3040609 X 992611 992611 822385 822385 808259 401682 251891 154686 1038786 851878 79264 107644 70867 63883 380 6604 139522 104762 20262 14498 128245 89738 20561 17946 7002 6417 272 313 31075 31075 223143 223143 909053 808956 29971 70126 27368 16503 7661 3204 82548 49777 23107 9664 37150 37150 669083 541421 122134 5528 37647 22701 10539 4407 30 30 3479 2435 557 487 31535 19015 8828 3692 EQUIP. RENTAL & MAINT. 58365 58365 DUES & MEMBERSHIPS 36576 22055 10239 4282 GIVEAWAYS 11297 3612 7150 535 LICENSE & REG. FEES 10947 6601 3064 1282 17551 9076 6713 1762 6194524 4931023 856841 406660 1634047 736157 195332 201484 107655 992958 37448 29591 122537 188356 135987 81681 3392 54306 21975857 15267264 23139589 35263243 47215857 52733359 364546 362785 1772191 1672740 18000 207306 213926 2011 0 2364054 2249451 X 44607976 49634679 243827 849229 44851803 50483908 47215857 52733359 463731 5168374 0 X 0 1 X 1 0 X 2655770 2078883 3693465 3352115 3617646 15397879 2655770 2078883 3693465 3352115 3617646 15397879 2605067 12792812 866090 541407 1051215 460008 320209 3238929 18636808 0.68640 0.68040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 44671 39990 4681 91316 41691 49625 54306 MASTER LIMITED PARTNERSHIP FUNDS 35263243 F 35263243 12050122 5168374 262620 184016 5615010 6435112 223143 223143 6658255 6418017 262620 184016 446636 5971381 223143 223143 6194524 PART IV, LINE 2B: THE FOUNDATION ACTS AS FISCAL SPONSOR FOR TWO SCHOLARSHIP FUNDS OF THE NATIONAL EDUCATION ASSOCIATION (NEA), AND THE KENTUCKY EDUCATION ASSOCIATION, STATE AFFILIATE. AS CUSTODIAN, THE FOUNDATION INVESTS AND MANAGES THE SCHOLARSHIP PROGRAM WITH RESPECTIVE SUPPORT FROM NEA AND ITS AFFILIATE. ALL TRANSACTIONS RELATED TO THESE FUNDS ARE RECORDED AS TEMPORARILY RESTRICTED ACTIVITY IN THE FOUNDATION'S ACCOUNTING RECORDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSES ON THE 184,016. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8B. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSES ON THE 184,016. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8B. GALA 743591 559575 184016 18000 166016 743591 559575 184016 18000 166016 184016 0 1 AEH COMMUNITY HEALTH SERVICES CENTER INC 510 HIGHWAY 322 CLARKSDALE MS 38614 640624495 501(C)(3) 225000 0 COMMUNITY SCHOOLS CITY OF LITTLE ROCK CO LITTLE ROCK PUBLIC SCHOOLS 500 W MARKHAM ST LITTLE ROCK AR 72201 716014465 GOV'T 225000 0 COMMUNITY SCHOOLS BATESVILLE SCHOOL DISTRICT 955 WATER STREET BATESVILLE AR 72501 716020722 GOV'T 150000 0 COMMUNITY SCHOOLS INSTITUTE FOR DEMOCRATIC ED IN AMERICA 2008 W RIDGEWAY STREET JACKSON MS 39213 270812635 501(C)(3) 130000 0 COMMUNITY SCHOOLS COMMUNITY FOUNDATION FOR MISSISSIPPI 119 SOUTH PRESIDENT DRIVE FIRST FLOOR JACKSON MS 39201 640845750 501(C)(3) 66000 0 COMMUNITY SCHOOLS JOURNEY FOR JUSTICE ALLIANCE 4242 S COTTAGE GROVE AVE CHICAGO IL 60653 362598637 501(C)(3) 64500 0 COMMUNITY SCHOOLS CLARKSDALE MUNICIPAL SCHOOL DISTRICT 526 S CHOCTAW ST CLARKSDALE MS 38614 646008786 GOV'T 58500 0 COMMUNITY SCHOOLS RURAL COMMUNITY ALLIANCE 401 S SCOTT ST LITTLE ROCK AR 72201 251917387 501(C)(3) 45000 0 COMMUNITY SCHOOLS UNIVERSITY OF ARKANSAS AT PINE BLUFF 1200 N UNIVERSITY MAIL SLOT 4951 PINE BLUFF AR 71601 716010030 501(C)(3) 34000 0 COMMUNITY SCHOOLS GRANTMAKERS FOR EDUCATION 400 SE 103RD DRIVE 33348 PORTLAND OR 97216 330919329 501(C)(3) 24000 0 SPECIAL GRANTS ARKANSAS EDUCATION ASSOCIATION 1500 WEST 4TH STREET LITTLE ROCK AR 72201 710004515 501(C)(6) 20000 0 COMMUNITY SCHOOLS WEST TALLAHATCHIE SCHOOL DISTRICT 1096 FRIENDSHIP WEST ROAD SUMNER MS 38957 GOV'T 15000 0 COMMUNITY SCHOOLS THE NAMIE FOUNDATION INC 38 MONROE DRIVE POUGHKEEPSIE NY 12601 934630011 501(C)(3) 15000 0 RESPONSIVE GRANT EMMETT TILL INTERPRETIVE CENTER 158 NORTH COURT ST SUMNER MI 38957 272895136 501(C)(3) 15000 0 RESPONSIVE GRANT VARIOUS RETURNED & CANCELED GRANTS 1201 16TH STREET NW 416 WASHINGTON DC 20036 VARIOUS -97547 0 VARIOUS RETURNED & CANCELED GRANTS 14 0 GRANTS TO EDUCATORS 190 732385 TEACHER EXCELLENCE AWARD 9 90000 PART I, LINE 2: GRANTS TO EDUCATORS - GRANTS TO SUPPORT NEW IDEA AND PRACTICES TO STRENGTHEN TEACHING AND LEARNING. THE TWO CATEGORIES OF GRANTS ARE: 1) STUDENT SUCCESS - $1,500 - $5,000 GRANTS FOR PREK-16 EDUCATORS TO PROMOTE CLASSROOM INNOVATION AND TO ENGAGE STUDENTS IN CRITICAL THINKING TO DEEPEN THEIR KNOWLEDGE OF STANDARDS-BASED MATTER. 2) LEARNING & LEADERSHIP - $1,500 - $5,000 GRANTS FOR ALL PREK-16 EDUCATORS TO PROMOTE PROFESSIONAL DEVELOPMENT TO IMPROVE THEIR TEACHING SKILLS AND TO SHARE WITH COLLEAGUES. 3) ENVISION EQUITY GRANTS - $1,500 - $5,000 GRANTS TO SUPPORT PROJECT-BASED LEARNING AND HELP EDUCATORS TO ADVANCE STUDENTS' CULTURAL UNDERSTANDING AND APPRECIATION, ANTI-RACISM COMMITMENTS, AND UNDERSTANDING OF CIVIC ENGAGEMENT AND DEMOCRACY. AWARDS FOR TEACHING EXCELLENCE - RECOGNIZES, REWARDS AND PROMOTES EXCELLENCE IN TEACHING AND LEARNING. X X 0 0 0 0 0 0 0 0 0 SARA SNEED PRESIDENT & CEO 292844 0 0 0 0 0 29284 0 19178 0 341306 0 0 0 MARGARET PORTA COIO 175149 0 0 0 0 0 17515 0 32759 0 225423 0 0 0 KATHERINE GIBNEY SVP OF DEVELOPMENT 154191 0 0 0 0 0 15419 0 28264 0 197874 0 0 0 ERIC JAMES CFAO 178529 0 0 0 0 0 17853 0 1320 0 197702 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY THE FOUNDATION'S ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE FOUNDATION. THE FOUNDATION'S REVIEW PROCESS FOR THE DRAFT FORM 990 IS AS FOLLOWS: THE FOUNDATION'S CFO REVIEWS THE DRAFT FORM 990 FOR COMPLETENESS AND ACCURACY. THE DRAFT FORM 990 IS REVISED AS NECESSARY AFTER THE CFO'S REVIEW. THE REVISED DRAFT FORM 990 IS THEN SUBMITTED TO THE PRESIDENT & CEO FOR HER REVIEW. THE DRAFT FORM 990 IS REVISED AS NECESSARY AFTER THE PRESIDENT & CEO'S REVIEW. THE COMPLETED DRAFT FORM 990 IS THEN DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW. ANY COMMENTS FROM THE BOARD OF DIRECTORS ARE CONSIDERED AND THE DRAFT FORM 990 IS MODIFIED AS NECESSARY. THE FEDERAL FORM 990 IS FINALIZED BY THE PRESIDENT & CEO APPROVING THE FEDERAL FORM 990 WHICH IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S BOARD OF DIRECTORS AND THE FOUNDATION STAFF COMPLETE AND SIGN CONFLICT OF INTEREST FORMS ANNUALLY NEAR THE BEGINNING OF THE FISCAL YEAR. THE PRESIDENT & CEO REVIEWS THE STAFF MEMBERS' COMPLETED FORMS FOR POTENTIAL CONFLICTS AND SIGNS EACH FORM. THE CHAIR REVIEWS AND SIGNS THE PRESIDENT & CEO'S CONFLICT OF INTEREST FORM ANNUALLY. THE CHAIR OF THE BOARD OF DIRECTORS REVIEWS THE BOARD MEMBERS' COMPLETED FORMS FOR POTENTIAL CONFLICTS AND SIGNS OFF ON EACH FORM. IF THERE IS A CONFLICT OF INTEREST, THE STAFF OR BOARD MEMBERS DO NOT PARTICIPATE IN ANY DECISIONS RELATED TO THE CONFLICT THROUGHOUT THE YEAR. NEW BOARD MEMBERS AND STAFF MEMBERS WHO JOIN THE FOUNDATION DURING THE YEAR COMPLETE THE CONFLICT OF INTEREST FORM WHEN THEY JOIN THE FOUNDATION. THESE FORMS ARE REVIEWED AND SIGNED OFF ON BY APPROPRIATE INDIVIDUALS THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A LED BY THE CHAIR OF THE BOARD, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE PERFORMANCE REVIEW AND ANY COMPENSATION ADJUSTMENTS OF THE FOUNDATION'S PRESIDENT & CEO. THE COMMITTEE UTILIZES THE FOLLOWING STEPS IN THE REVIEW PROCESS: THE CHAIR, IN CONSULTATION WITH THE PRESIDENT & CEO, SETS GOALS AND REVIEWS THE PROGRESS TOWARDS SAID GOAL. REGULARLY, ALL MEMBERS OF THE BOARD OF DIRECTORS COMPLETE THE BOARD SOURCE "CHIEF EXECUTIVE ASSESSMENT" TO EVALUATE THE PRESIDENT & CEO'S PERFORMANCE. THE RESULTS OF THE ASSESSMENT ARE COMPILED, SUMMARIZED AND REVIEWED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE USES THE SURVEY DATA AND SALARY COMPENSATION STUDIES TO REVIEW AND REVISE THE PRESIDENT & CEO'S COMPENSATION PACKAGE. THE BOARD CHAIR THEN COMMUNICATES ANY ADJUSTMENTS TO THE PRESIDENT & CEO'S COMPENSATION PACKAGE TO THE CFO. THE FOUNDATION UPDATED THE EXECUTIVE COMPENSATION STUDY IN JANUARY 2022 TO ENSURE THAT THE COMPENSATION PACKAGES CONTINUE TO BE REASONABLE COMPARED TO OTHER NOT-FOR-PROFIT ORGANIZATIONS. ADDITIONALLY IN 2023, THE EXECUTIVE COMMITTEE CONDUCTED ITS ANNUAL REVIEW OF THE CEO AND ADJUSTED HER COMPENSATION ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE AND UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 808,956. MANAGEMENT AND GENERAL EXPENSES 29,971. FUNDRAISING EXPENSES 70,126. TOTAL EXPENSES 909,053.