2017-11-15T09:50:57-06:00 2016-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2016-01-01 453027711 INVEST IN EDUCATION FOUNDATION INC INVE 5186408344 26 CENTURY HILL DRIVE SUITE 203 LATHAM NY 12110 THOMAS W CARROLL PRESIDENT 5186408344 2017-11-13 1 DAWN C DOHERTY P00743270 5184596700 2017-11-13 24.213.242.82 2017-11-13 07:30:35 ES P 0B3620BEF685ECC96C8FAAA2E66426DF27999AA5 B92BCEB6D7FB6D9F82ECE12465050309FFA55F08 2016 2017-02-10 21:41:12Z THOMAS W CARROLL 26 CENTURY HILL DRIVE SUITE 203 LATHAM NY 12110 154914 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. 17 17 4 17 0 0 1046593 154914 0 0 -1726 0 0 0 1044867 154914 0 0 0 0 1033726 533973 0 0 11404 594435 297303 1628161 831276 -583294 -676362 1171958 504791 14476 23670 1157482 481121 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 0 0 750102 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 750102 1 1 0 1 0 0 0 0 0 1 1 0 0 0 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 15 0 4 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 5186408344 26 CENTURY HILL DRIVE SUITE 203 LATHAM NY 12110 ANTHONY J DE NICOLA CHAIRMAN 3.00 3.00 X X 0 0 0 BRUCE KOVNER DIRECTOR 1.00 1.00 X 0 0 0 ROGER HERTOG DIRECTOR 1.00 1.00 X 0 0 0 JULIO FUENTES DIRECTOR 1.00 X 0 0 0 ROBERT P GEORGE DIRECTOR 1.00 X 0 0 0 SUSAN GEORGE DIRECTOR 1.00 X 0 0 0 JOHN KIRTLEY DIRECTOR 1.00 X 0 0 0 KATHLEEN M CHRISTIE DIRECTOR 1.00 X 0 0 0 TIMOTHY MCNIFF EDD DIRECTOR 1.00 X 0 0 0 THOMAS J TISCH DIRECTOR 1.00 X 0 0 0 ROBERT PEDERSEN DIRECTOR 1.00 X 0 0 0 YOSSI PRAGER DIRECTOR 1.00 X 0 0 0 RABBI MEIR SOLOVEICHIK DIRECTOR 1.00 X 0 0 0 EMMETT MCGROARTY DIRECTOR 1.00 X 0 0 0 MICHAEL LEFFELL DIRECTOR 1.00 1.00 X 0 0 0 ROBERT FLANIGAN TREASURER 1.00 1.00 X X 0 0 0 ROBERT NIEHAUS DIRECTOR 1.00 1.00 X 0 0 0 THOMAS W CARROLL PRESIDENT 40.00 1.00 X 351817 0 25204 MICHAEL J STRIANESE CFO & COO 40.00 1.00 X 178261 0 0 DEBORAH DOCHERTY EXECUTIVE ASSISTANT 40.00 1.00 X 69047 0 17441 PETER MURPHY VICE-PRESIDENT FOR POLICY 40.00 X 186963 0 25204 786088 0 67849 3 0 1 0 0 154914 154914 154914 0 0 0 X 325472 304561 17477 3434 187937 176693 9091 2153 5984 5424 533 27 14580 14068 466 46 5723 1431 4292 53242 19496 31796 1950 117359 117193 129 37 1949 1767 158 24 8596 8113 270 213 5616 3000 2616 18478 17917 314 247 38525 34913 3130 482 5043 4570 410 63 1052 1052 EVENTS 27778 27778 EQUIPMENT RENTAL 5184 4698 421 65 SUBSCRIPTIONS AND PUBLI 5087 5087 OPERATIONS 3671 3393 231 47 831276 750102 69770 11404 495025 487132 645336 5439 14190 35563 33096 3732 2467 22426 1002 1171958 504791 14476 23670 14476 23670 X 246946 481121 910536 0 1157482 481121 1171958 504791 -676362 0 X 0 1 X 1 0 X 4138472 978100 754983 1046593 154914 7073062 4138472 978100 754983 1046593 154914 7073062 3411140 3661922 52866 69335 122201 7195263 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SHARED SERVICES RELATED PARTY - 2013 AMOUNT: $ 52,866. 2014 AMOUNT: $ 69,335. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 53939 53939 777336 831275 149691 37423 0 0 228453 223197 231408 149691 832749 1249124 54887 53617 82740 53939 245183 57113 55799 57852 37423 208187 312281 27109 27109 910536 4664 915200 1451168 9368 550000 910536 1955508 178260 682600 1451168 2790708 25000 860200 1955508 2790708 2790708 1.00000 0 0 4116 4116 0 31447 28980 2467 2467 X 154914 0 154914 0 154914 831275 0 831275 0 831275 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS CONSIST OF CONTRIBUTIONS THAT ARE RECEIVED WITH DONOR STIPULATIONS THAT LIMIT THEIR USE THROUGH PURPOSE OR TIME RESTRICTIONS. MANAGEMENT INTENDS TO USE THESE FUNDS FOR PROGRAM PURPOSES WHEN THEY BECOME AVAILABLE. PART X, LINE 2: THE FOUNDATION FILES A 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, 2016 AND 2015. X 0 0 0 0 0 0 0 0 0 THOMAS W CARROLL PRESIDENT 340217 0 0 0 11600 0 0 0 25204 0 377021 0 0 0 MICHAEL J STRIANESE CFO & COO 176843 0 0 0 1418 0 0 0 0 0 178261 0 0 0 PETER MURPHY VICE-PRESIDENT FOR POLICY 185400 0 0 0 1563 0 0 0 25204 0 212167 0 0 0 PART I, LINE 3 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE 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 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 2,023. MANAGEMENT AND GENERAL EXPENSES 129. FUNDRAISING EXPENSES 37. TOTAL EXPENSES 2,189. RESEARCH & COMMUNICATIONS: PROGRAM SERVICE EXPENSES 115,170. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 115,170. INVEST IN EDUCATION COALITION 26 CENTURY HILL DRIVE SUITE 203 LATHAM NY 12110 454955967 RAISING AWARENESS FOR EDUCATION ISSUES IN NEW YORK STATE 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 383700 FAIR MARKET VALUE