2018-11-14T11:28:39-06:00 2017-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2017-01-01 453027711 INVEST IN EDUCATION FOUNDATION INC INVE 5186408344 125 WOLF ROAD NO 410 ALBANY NY 12205 THOMAS W CARROLL PRESIDENT 5186408344 2018-11-01 1 JUDY A CAHEE P00281935 5184596700 2018-11-01 24.213.242.82 2018-11-01 11:48:15 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 EAE8988B22581D35C855AA25424C1101E16CEF4F 2017 2019-02-21 02:37:17Z X THOMAS W CARROLL 125 WOLF ROAD NO 410 ALBANY NY 12205 925000 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. 16 16 4 16 0 0 154914 925000 0 0 0 0 0 0 154914 925000 0 0 0 0 533973 882959 0 0 20214 297303 452531 831276 1335490 -676362 -410490 504791 84550 23670 13919 481121 70631 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 0 0 1207722 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 1207722 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 16 16 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 J DE NICOLA CHAIRMAN 3.00 3.00 X X 0 0 0 ROBERT FLANIGAN TREASURER 1.00 1.00 X X 0 0 0 ROGER HERTOG DIRECTOR 1.00 1.00 X 0 0 0 BRUCE KOVNER DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL LEFFELL DIRECTOR 1.00 1.00 X 0 0 0 ROBERT NIEHAUS DIRECTOR 1.00 1.00 X 0 0 0 YOSSI PRAGER DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN M CHRISTIE DIRECTOR 1.00 0.00 X 0 0 0 JULIO FUENTES DIRECTOR 1.00 0.00 X 0 0 0 ROBERT P GEORGE DIRECTOR 1.00 0.00 X 0 0 0 SUSAN GEORGE DIRECTOR 1.00 0.00 X 0 0 0 JOHN KIRTLEY DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY MCNIFF EDD DIRECTOR 1.00 0.00 X 0 0 0 ROBERT PEDERSEN DIRECTOR 1.00 0.00 X 0 0 0 RABBI MEIR SOLOVEICHIK DIRECTOR 1.00 0.00 X 0 0 0 THOMAS J TISCH DIRECTOR 1.00 0.00 X 0 0 0 THOMAS W CARROLL PRESIDENT 40.00 1.00 X 375056 0 26503 MICHAEL J STRIANESE CFO & COO 40.00 1.00 X 194667 0 0 DEBORAH DOCHERTY EXECUTIVE ASSISTANT 40.00 1.00 X 83457 0 18355 PETER MURPHY VICE-PRESIDENT FOR POLICY 40.00 0.00 X 190332 0 26503 843512 0 71361 3 0 1 0 0 925000 925000 925000 0 0 0 X 693703 635065 46474 12164 106577 106577 44293 39680 4141 472 38386 35499 2270 617 3578 895 2683 55775 21637 31974 2164 150726 150557 132 37 515 467 42 6 18008 16320 1463 225 6000 3000 3000 43104 39063 3502 539 70589 63972 5735 882 2056 1863 167 26 7030 7030 EVENTS 73574 73574 SUBSCRIPTIONS AND PUBLI 12033 12033 EQUIPMENT RENTAL 6535 5922 531 82 OPERATIONS 3008 1598 1410 1335490 1207722 107554 20214 487132 52209 14190 11922 21212 17087 2467 4125 1002 16294 504791 84550 23670 13919 23670 13919 X 481121 70631 481121 70631 504791 84550 -410490 0 X X 0 1 X 1 0 X 978100 754983 1046593 154914 925000 3859590 978100 754983 1046593 154914 925000 3859590 1762912 2096678 52866 69335 122201 3981791 0.52660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SHARED SERVICES RELATED PARTY - 2013 AMOUNT: $ 52,866. 2014 AMOUNT: $ 69,335. 0 7897 7897 1327593 1335490 208549 52137 0 0 223197 231408 149691 208549 812845 1219268 53617 82740 53939 7897 198193 55799 57852 37423 52137 203211 304817 27109 27109 4116 4116 0 17096 12971 4125 4125 DUE FROM RELATED PARTY 16294 16294 X 925000 0 925000 0 925000 1335490 0 1335490 0 1335490 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, 2017 AND 2016. X 0 0 0 0 0 0 0 0 0 THOMAS W CARROLL PRESIDENT 364232 0 0 0 10824 0 0 0 26503 0 401559 0 0 0 MICHAEL J STRIANESE CFO & COO 190021 0 0 0 4646 0 0 0 0 0 194667 0 0 0 PETER MURPHY VICE-PRESIDENT FOR POLICY 190021 0 0 0 311 0 0 0 26503 0 216835 0 0 0 PART I, LINE 3 THE PRESIDENT'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 PAYROLL FEES: PROGRAM SERVICE EXPENSES 2,015. MANAGEMENT AND GENERAL EXPENSES 132. FUNDRAISING EXPENSES 37. TOTAL EXPENSES 2,184. RESEARCH: PROGRAM SERVICE EXPENSES 63,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,000. OUTREACH SERVICES: PROGRAM SERVICE EXPENSES 19,542. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,542. MEDIA: PROGRAM SERVICE EXPENSES 30,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,000. CONSULTING: PROGRAM SERVICE EXPENSES 36,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,000. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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 L 83000 FAIR MARKET VALUE