2017-05-15T01:20:28-05:00 2016-06-30 861065772 Deloitte Tax LLP 250 East Fifth Street Suite 1900 Cincinnati OH 45202 990 2015-07-01 311321973 KnowledgeWorks Foundation KNOW 5139294777 One West Fourth Street No 200 Cincinnati OH 452023634 William L McNeese VP & CFO 5139294777 2017-05-14 1 Rebecca Lyons P01487105 5137847100 2015 2021-01-29 14:40:06Z Judith A Peppler One West Fourth Street No 200 Cincinnati OH 452023634 8847580 0 X www.knowledgeworks.org X 1991 OH Develop the capabilities of educators to implement and sustain competency-based and early college schools, partner with federal, state and district leaders to remove policy barriers that inhibit the growth of personalized learning and provide national thought leadership around the future of learning. 11 10 113 0 0 0 5783443 3941377 8264397 4684727 2071 1804 263463 219672 14313374 8847580 2481569 1911693 0 0 10432306 9106971 0 0 206029 10930083 9212361 23843958 20231025 -9530584 -11383445 59216238 51839226 51648558 47074366 7567680 4764860 X By delivering innovative education approaches and advancing aligned policies, KnowledgeWorks activates and develops the capacity of communities and educators to imagine, build and sustain vibrant learning ecosystems that allow each student to thrive. 0 0 3032243 2142725 KW in Schools From its inception, KnowledgeWorks has focused on creating personalized learning environments that engage students and help each individual thrive in college, career and civic life. Three years ago KnowledgeWorks entered the national conversation about personalized learning and competency based education (CBE) behind a concentration of thoughtful policy briefs focused on federal policy reform, aligned advocacy, and partner engagement. This body of work, combined with 15 years of on-the-ground experience in innovative school design, implementation, continuous improvement and collective impact, quickly established KnowledgeWorks as a thought leader and trusted resource for policymakers and other organizations launching statewide and local personalized learning and CBE initiatives. These leaders are now turning to KnowledgeWorks for support bringing to life the competency-based learning communities that their policies have enabled. As a result, in fiscal year 2016 KnowledgeWorks moved from policy to practice in the personalized learning and CBE space. The Organization recruited national personalized learning and CBE leader Virgel Hammonds as its first 'Chief Learning Officer', developed a technical assistance approach and secured three pilot sites to launch its prototype systems of support for personalized learning and CBE. Third-party evaluator, RMC, was engaged to provide baseline and formative data from the three pilot sites: RSU2 in Augusta, Maine; Mesa County Valley School District in Grand Junction, Colorado; and Marysville Exempted Village School District in Marysville, Ohio. Lessons learned through the analysis of interventions and outcomes in these sites will guide the design and implementation of KnowledgeWorks' new portfolio of personalized learning and CBE products and services. By the close of fiscal year 2016, the personalized learning and CBE team had developed a robust pipeline in Colorado, Michigan, Ohio, South Carolina and Texas, suggesting strong demand for personalized learning and CBE services in fiscal year 2017 and beyond. 4777249 1010500 949424 StriveTogether, LLCStriveTogether convenes a national Network of 68 cradle to career collective impact partnerships spanning 32 states and the District of Columbia. In total, these partnerships and the more than 10,200 organizations involved in them serve approximately 8.2 million children. The StriveTogether Theory of Action, which is a set of quality benchmarks for building cradle to career collective impact partnerships, continues to be used to help guide partnerships and assess their progress toward achieving sustained systems change and improvement in student outcomes.StriveTogether provides strategic assistance to communities to help to achieve benchmarks within the Theory of Action and accelerate efforts to improve outcomes and eliminate educational disparities. StriveTogether also provides support to its network of communities through webinars, convenings, facilitation of an online learning hub called the Partner Portal, which includes, resource and interactive toolkits. From July 2015 to June 2016 StriveTogether hosted eight webinars and organized eight convenings for Network members on topics including data privacy, policy and advocacy, equity, and systems change. StriveTogether convened three Role-Alike communities of practice for Partnership Directors, Data Managers, and Communications and Community Engagement Managers. 2167508 606334 35000 StrivePartnershipIn FY16, StrivePartnership completed a plan to secure public funding to expand access to quality preschool and worked with Cincinnati Public Schools to put the plan before voters in November 2016; completed the first year of investment through Every Child Capital venture philanthropy fund providing nearly 8,000 children with books in the home; completed a feasibility study with Social Finance around Pay for Success contracting to expand access to home visiting; completed cohort 1 and launched cohort 2 of ImpactU - a continuous improvement training program for social sector and education leaders that was developed in partnership with Cincinnati Children's Hospital; built full-time data analytics staff capacity; supported our school district partners in Covington and Cincinnati in developing a college and career readiness tracker and strategic plan and launching an innovative student peer leadership program. 2455629 235280 34250 Policy & Strategic Foresight In fiscal year 2016, KnowledgeWorks worked closely with policymakers, national organizations, and other education stakeholders to drive demand for personalized learning, especially with regard to the passing of the Every Student Succeeds Act (ESSA). Throughout the year, KnowledgeWorks worked deeply with several state departments of education and additional state-level constituents; including our home state of Ohio, Connecticut, South Carolina, Kentucky, North Dakota, Texas, and Wisconsin; on aligning strategies to provide districts with the flexibility to scale personalized learning. In addition, KnowledgeWorks' published The Shifting Paradigm of Teaching: Personalized Learning According to Teachers, an-depth look at how teachers lead implementation of personalized learning in their classrooms. At the federal level, KnowledgeWorks successfully advocated for inclusion of more than a dozen policy recommendations in the newly enacted ESSA. These recommendations included a new Innovative Assessment and Accountability Demonstration Authority as well as provisions that enable states to build or expand networks of early college high schools. Once ESSA was signed into law, KnowledgeWorks worked closely with the U.S. Department of Education to ensure the regulatory process did not create additional barriers to personalized learning. KnowledgeWorks also released several pieces of guidance to help states leverage the opportunities in the law to design education systems that align accountability, school improvement, assessment, educator workforce, and extended learning opportunity policies to create a cohesive system that prepares all students for success from cradle to career. KnowledgeWorks continued to exercise national thought leadership around the future of learning through publications, partnerships, and stakeholder engagements. Key publications and presentations included KnowledgeWorks' fourth comprehensive forecast on the future of learning, The Future of Learning: Education in the Era of Partners in Code; keynote presentations for Grantmakers for Education, Education Commission of the States, the Minnesota Association of School Administrators, the Orange County STEM Institute, ReSchool Colorado, and Fundaci n Televisa; "Exploring the Future Education Workforce: New Roles for an Expanding Learning Ecosystem and the companion simulation website, VibrantEd (vibraned.org); "The Future of Learning in the Pittsburgh Region and related workshops; "Ubique Academy: A School That's Everywhere, for Everyone," for which KnowledgeWorks placed in the top four in The Mind Trust's inaugural charter school design challenge; and "Learning on the Block: Could Smart Transactional Models Help Power Personalized Learning?" In addition, external publications included "Brave New World: What Will Education Look Like in 2025?" in The American School Board Journal and two articles on new possibilities for learning in 2025 for SEEN Magazine. 379318 59579 Grant-makingThe Grant making program provided approximately $1.9 million in grants and contributions to 87 organizations. 1827199 1741376 Student Lending Programs KnowledgeWorks served approximately 2,500 students during the fiscal year through its student lending programs. 4662146 294859 1775626 14639146 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 107 0 1 113 1 0 0 0 0 0 0 0 0 0 0 X 11 10 1 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X Holly A Brinkman 5139291141 One West Fourth Street Suite 200 Cincinnati OH 45202 X John E Dean Esq Chair of the Board 4.00 2.00 X 0 0 0 Deborah Delisle Vice Chair of the Board (Start 8/15) 2.00 0.00 X 0 0 0 Joseph P Tomain Esq Treasurer of the Board (End 5/16) 4.00 2.00 X 0 0 0 Stephen Dackin Director (Start 2/15) 2.00 0.00 X 0 0 0 Thomas Fry Director 2.00 0.00 X 0 0 0 Lisa Jackson Director (End 6/16) 2.00 0.00 X 0 0 0 Hon Nathaniel R Jones Director 2.00 0.00 X 0 0 0 Lucie Lapovsky Director 2.00 0.00 X 0 0 0 Steven Minter Director 2.00 0.00 X 0 0 0 Lizzette Reynolds Director (Start 8/15) 2.00 0.00 X 0 0 0 Richard W Riley Esq Sch O Director (End 8/15) 2.00 0.00 X 25268 0 0 Eileen Rudden Director 2.00 0.00 X 0 0 0 Timothy Tuff Director 2.00 0.00 X 0 0 0 Judith A Peppler President & CEO 38.00 2.00 X X 475181 0 150052 Catherine Allshouse Chief Information Officer/Secretary 40.00 0.00 X 221496 0 62252 Holly Brinkman VP & CFO 33.00 7.00 X 212914 0 62016 Meredith Meyer Chief of Staff/VP Talent Mgmt 40.00 0.00 X 193654 0 61674 Douglas Thomson Sch O Secretary (End 8/15) 2.00 1.00 X 0 0 0 Jeff Edmondson Managing Dir, StriveTogether 40.00 0.00 X 211025 0 58511 Pranav Kothari VP, Strategy & Innovation 40.00 0.00 X 217955 0 42191 Matt Williams VP, Policy & Advocacy 40.00 0.00 X 176794 0 54432 Harold Brown Sr Offr, Adv of Underserved Lr 40.00 0.00 X 221265 0 60930 Cris Charbonneau VP, Marketing & Communications 40.00 0.00 X 201703 0 40160 Deborah Howard Chief Operating Officer, EDWorks 40.00 0.00 X 139741 0 30303 Greg Landsman Exec Dir, StrivePartnership 40.00 0.00 X 144090 0 30933 Lillian Pace Sr. Dir. National Policy 40.00 0.00 X 140782 0 24076 Penny Friedman Sch O Former Director 0.00 1.00 X 28285 0 0 2610153 0 677530 21 1 1 0 Frost Brown Todd LLC 301 E 4th Street 3300 Cincinnati OH 45202 Legal Services 188346 Deloitte & Touche LLP 250 E Fifth St Suite 1900 Cincinnati OH 45202 Audit & Accounting Services 159816 The Riley Institute at Furman University 3300 Poinsett Highway Greenville SC 29613 Educational Services 159691 NEPC LLC 255 State Street Boston MA 02109 Investment Advisor Services 150000 Equal Measure 1528 Walnut St Suite 805 Philadelphia PA 19102 Consulting Services for StriveTogether 120582 7 530766 3410611 3941377 Fees for Services 611710 3098102 3098102 Int on Student Loans 611710 1523328 1523328 KWI Admin Fees 611710 63297 63297 4684727 1804 1804 Servicing Fee Income 611710 218048 218048 Securities Litigation 611710 1624 1624 219672 8847580 4902775 0 3428 1911693 1911693 2342093 1512589 693688 135816 5217344 3087617 2075833 53894 518482 309679 203573 5230 564071 325594 232138 6339 464981 289421 170810 4750 2811776 2645641 166135 251288 39123 212165 202569 24133 178436 12000 12000 133553 77106 56447 289785 189264 100521 374336 60699 313637 401745 104330 297415 1595300 1456456 138844 649661 595846 53815 592458 592458 220220 16224 203996 159271 159271 Cons Rebate Fees 457325 457325 Student Loan Amort 397342 397342 Loan Svc/Trustee Fees 303174 303174 Training & Development 166474 121829 44645 194084 109603 84481 20231025 14639146 5385850 206029 4524229 4881585 1631804 1329421 3005662 1048020 751336 586529 258853 359452 4308329 3545127 896261 763202 812031 46441858 40322292 1706235 1736694 59216238 51839226 3212574 4217604 373449 178142 44508356 37605912 3554179 5072708 51648558 47074366 X 1926410 326928 5641270 4437932 7567680 4764860 59216238 51839226 X -11383445 8580625 X 0 1 X 1 1 1 X 15723031 13176203 6616011 15752459 13190986 64458690 18806066 19928022 15375892 8264397 4684727 67059104 34529097 33104225 21991903 24016856 17875713 131517794 11874852 9806454 1259974 10031205 9312906 42285391 358699 715739 678711 494693 1295022 3542864 12233551 10522193 1938685 10525898 10607928 45828255 85689539 70721 29505 5181 2071 1804 109282 70721 29505 5181 2071 1804 109282 1114362 693780 275326 263463 219672 2566603 35714180 33827510 22272410 24282390 18097189 134193679 0.63860 0.63890 0.00080 0.00120 X Schedule A, Part III, Line 12, Explanation of Other Income: Securities Litigation Income Servicing Fee Income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44387 44387 14594759 14639146 881957 220489 0 0 881957 881957 1322936 44387 44387 220489 220489 330734 Part I-A and I-B: These sections are Not Applicable" as KnowledgeWorks Foundation does not participate in or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office. 1328338 873792 454546 1355947 1209116 146831 1624044 1462219 161825 763202 Student Loan Receivables, Net of Unamortized Loan Acquisition Costs 40322292 C 40322292 Interest Payable 63189 Student Loan Program Residual 5009519 5072708 X Part X, Line 2: The Foundation has analyzed tax positions taken for filing with the IRS and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundation's financial position, statement of activities, or cash flows. Accordingly, the Foundation has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2016 and 2015. In the event interest and penalties accrued on unrecognized tax benefits, the Foundation would recognize such amounts as a component of income tax expense. 1 Council of Chief State School Officers One Massachusetts Ave NW Washington DC DC 20001 530198090 501(c)(3) 34000 Business Partner Support Clarendon School District One 12 S Church St PO Box 38 Summerton SC 29148 570481945 Gov't Entity 34668 Teacher Professional Development, Training and Technology Support Colleton County School District 213 N Jefferies Blvd Walterboro SC 29488 576000338 Gov't Entity 123444 Teacher Professional Development, Training and Technology Support Education Commission of the States 700 Broadway Suite 810 Denver CO 802033460 310722194 501(c)(3) 10000 2016 National Forum on Education Policy New Technology Network 1250 Main St Suite 100 Napa CA 94559 201887944 501(c)(3) 31167 Support for South Carolina NTN I3 Schools All Hands Raised 2069 Hoyt St Portland OR 97232 931149789 501(c)(3) 127500 Cradle to Career Network and Evaluation Support Cincinnati Public Schools 2651 Burnet Avenue Cincinnati OH 45219 316000758 Gov't Entity 29500 Spreading Improvement Science Methodologies across Cincinnati Public Schools Cincinnati USA Regional Chamber Foundation 3 East Fourth St Suite 200 Cincinnati OH 45202 237089617 501(c)(3) 15000 CPS Efficiency Study and Jobs Outlook Report Commit2Dallas 2501 Oak Lawn Ave Suite 800 Dallas TX 75219 800790222 501(c)(3) 253500 Cradle to Career Network and Evaluation Support Foundation for Tacoma Students 302 S 9th St Suite 200 Tacoma WA 98402 273029219 501(c)(3) 305000 Cradle to Career Network Support People First Partnership 600 Jefferson Ave Suite 310 Memphis TN 38105 452464843 501(c)(3) 165000 Cradle to Career Network Support Spartanburg Academic Movement 101 W Saint John St Spartanburg SC 29306 452104341 501(c)(3) 5500 Cradle to Career Network and Evaluation Support The Ohio Organizing Collaborative 25 E Boardman St Suite 428 Youngstown OH 44503 261601472 501(c)(3) 26500 Preschool Promise Support University of Cincinnati Foundation PO Box 19970 Cincinnati OH 452190970 310896555 501(c)(3) 101454 Support Cincinnati STEM Programs United Way of Racine 2000 Domanik Dr Racine WI 53404 390806349 501(c)(3) 85000 Cradle to Career Network Support United Way of Greater Cincinnati 2400 Reading Rd Cincinnati OH 45202 310537502 501(c)(3) 126000 Feasibility Study of a Pay for Success Model Human Impact Partners 304 12ST St Suite 2B Oakland CA 946074218 270193587 501(c)(3) 30000 Preschool Health Impact Study Children's Hospital Medical Center 3333 Burnet Ave MLC 4900 Cincinnati OH 45229 310833936 501(c)(3) 267106 Read and Reach Out - Early Literacy Ad School Readiness Program 18 0 Part I, Line 2: KnowledgeWorks Foundation ("KWF") uses the MicroEdge Gifts software system to maintain grantmaking records. Data tracked by KWF includes: date of request, eligibility of grantee, contact information, date grant was awarded or denied, grant purpose, grant budget, electronic copy of executed grant agreement and required financial reports and due dates. The Grants Manager provides periodic reporting to Program Directors and follows up with grantees when required financial reporting is due. X X X X X 0 1 0 0 0 0 0 1 0 Judith A Peppler President & CEO 395181 0 80000 0 0 0 122800 0 27252 0 625233 0 0 0 Catherine Allshouse Chief Information Officer/Secretary 192276 0 29220 0 0 0 35650 0 26602 0 283748 0 0 0 Holly Brinkman VP & CFO 185770 0 27144 0 0 0 34264 0 27752 0 274930 0 0 0 Meredith Meyer Chief of Staff/VP Talent Mgmt 167494 0 26160 0 0 0 31210 0 30464 0 255328 0 0 0 Jeff Edmondson Managing Dir, StriveTogether 183350 0 27675 0 0 0 33409 0 25102 0 269536 0 0 0 Pranav Kothari VP, Strategy & Innovation 190280 0 27675 0 0 0 33682 0 8509 0 260146 0 0 0 Matt Williams VP, Policy & Advocacy 153619 0 23175 0 0 0 27180 0 27252 0 231226 0 0 0 Harold Brown Sr Offr, Adv of Underserved Lr 192270 0 28995 0 0 0 35328 0 25602 0 282195 0 0 0 Cris Charbonneau VP, Marketing & Communications 175828 0 25875 0 0 0 30801 0 9359 0 241863 0 0 0 Deborah Howard Chief Operating Officer, EDWorks 127424 0 12317 0 0 0 19177 0 11126 0 170044 0 0 0 Greg Landsman Exec Dir, StrivePartnership 125625 0 18465 0 0 0 20045 0 10888 0 175023 0 0 0 Lillian Pace Sr. Dir. National Policy 127451 0 13331 0 0 0 19864 0 4212 0 164858 0 0 0 Penny Friedman Sch O Former Director 0 0 0 0 28285 0 0 0 0 0 28285 0 28285 0 Part I, Line 4b KnowledgeWorks established a Section 457(f) Deferred Compensation Plan for the President & CEO. Annual employer contributions are made to the Plan based on the eligibility requirements of the Plan documents and are subject to a defined vesting schedule. Part I, Line 7 KnowledgeWorks Foundation offers an individual incentive based bonus program, where the annual payout is determined by achievement of established objectives. Form 990, Part VI, Section A, line 2 Certain KnowledgeWorks Foundation board members are also members of the boards of certain KnowledgeWorks Foundation affiliates. These overlapping board memberships constitute a "business relationship" as defined by the Form 990 instructions. Form 990, Part VI, Section A, line 3 KnowledgeWorks Foudation contracted with Nelnet to administer its student lending programs. Form 990, Part VI, Section B, line 11 After completion by the preparer, the draft Form 990 is reviewed by the Accounting Director and the Chief Financial officer. The final draft of the Form 990 is reviewed with the Audit Committee. After it receives the approval of the Audit Committee, the final Form 990 is distributed to all members of the Board of Directors before it is filed. Form 990, Part VI, Section B, line 12c On an annual basis a Conflict of Interest questionnaire is completed by directors, officers and key employees and reviewed by management. Items reported are discussed with Legal Counsel, who advises management and the board of any required actions. The Conflict of Interest Policy is distributed with the annual questionnaire and is also accessible on the secure director's portion of the Foundation's website. Form 990, Part VI, Section B, line 15 The compensation of the CEO, other officers, and key employees are set by the Compensation Committee of the Board of Directors utilizing a compensation study performed by an independent compensation consulting firm comparing similar positions in similar organizations. Members of the Board of Directors have in the past received reasonable compensation for their services as members of the Board of Directors. However, compensation to Board of Directors ceased as of July 2014. Form 990, Part VI, Section C, line 19 The consolidated financial statements of KnowledgeWorks Foundation and its subsidiaries are available on the KnowledgeWorks Foundation website. KnowledgeWorks Foundation's Form 990 is also available on its own website. The governing documents and Conflicts of Interest policy are available upon request. Form 990, Part VII, Section A: Explanation of Compensation Arrangement: Douglas Thomson is not directly compensated for his services as Secretary to KnowledgeWorks Foundation. Douglas Thomson is a member (but owns or controls less than 1%) at Frost Brown Todd, LLC, a law firm with over 400 lawyers. KnowledgeWorks Foundation does compensate Frost Brown Todd, LLC for legal services, including Douglas Thomson's services as Secretary to KnowledgeWorks Foundation. The amount paid to Douglas Thomson for his services as Secretary of KnowledgeWorks Foundation cannot be determined. Form 990, Part VII, Section A: Explanation of Compensation Arrangement: Reportable compensation shown for Richard W. Riley, Esq. and Penny Friedman reflect the withdrawal of Board fees that were paid, prior to July, 2014, into a deferred compensation plan. Form 990, Part XI, line 9: Transfer from Exempt Subsidiary - KWI 9,249,610. Unrealized Loss on Liability for Student Loan Residual -1,510,943. Amortization of Discount on Student Loans 841,958. StriveTogether LLC One West Fourth Street Suite 200 Cincinnati OH 45202 272300365 Implement Best Practices for Student Success OH 2261424 3248960 KnowledgeWorks Foundation StrivePartnership LLC One West Fourth Street Suite 200 Cincinnati OH 45202 812523349 Implement Best Practices for Student Success OH 1769711 1982868 KnowledgeWorks Foundation EDWorks LLC One West Fourth Street Suite 200 Cincinnati OH 45202 272300265 Effective Long-Term High School Improvement Solutions OH 2079428 660999 KnowledgeWorks Foundation KWSL LLC One West Fourth Street Suite 200 Cincinnati OH 45202 510560916 Directs Operations of KFO OH 214960 23000 KnowledgeWorks Foundation KWI One West Fourth Street Suite 200 Cincinnati OH 45202 311776354 Supporting Organization OH Section 501(c)(3) Schedule A, Line 11a KnowledgeWorks Foundation 1 KnowledgeFunding Ohio One West Fourth Street Suite 250 Cincinnati OH 45202 201888000 Grants to Ohio Non-Profit Organizations OH Section 501(c)(3) Schedule A, Line 9 KnowledgeWorks Foundation 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 KWI Q 150000 Investment Advisor Fees KWI S 9249610 Actual Amount of Cash Transfers