Brookline High School 21st Century Fund Inc
- Assets
- $1.0m
- Revenue
- $356.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Brookline, MA
- Founding
- 02/1998
- Data as of
- 06/2021
- EIN
- 04-3402735
Organization Overview
Brookline High School 21st Century Fund Inc, operating under the name See Schedule O, is located in Brookline, MA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, See Schedule O generated $356.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $391.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION IS TO CATALYZE INNOVATION AT BROOKLINE HIGH SCHOOL BY SUPPORTING FACULTY-DRIVEN CURRICULAR INITIATIVES THAT WILL INSPIRE OUT STUDENTS AND PREPARE THEM TO THRIVE IN A CHANGING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BROOKLINE HIGH SCHOOL INNOVATION FUND (THE FUND) RAISES PRIVATE DONATIONS TO CREATE INNOVATIVE COURSES AND PROGRAMS THAT ADDRESS MAJOR CHALLENGES TO PUBLIC SCHOOL EDUCATION ON THE SECONDARY SCHOOL LEVEL. THESE INNOVATIVE ACADEMIC OPPORTUNITIES ARE DESIGNED, DEVELOPED AND LAUNCHED BY FACULTY AT BROOKLINE HIGH SCHOOL (BHS) WITH THE FULL COOPERATION OF THE BROOKLINE PUBLIC SCHOOLS AND THE TOWN OF BROOKLINES SCHOOL COMMITTEE. TWENTY-FOUR DISTINCT ACADEMIC PROGRAMS ORIGINATED BY THE FUND WERE ACTIVE DURING THE 2020-21 SCHOOL YEAR; SIX CURRENT AWARDS AND EIGHTEEN INTEGRATED PROGRAMS. DURING FY21 AND FY20, THE FUND PROVIDED TOTAL PROGRAM SUPPORT OF $298,230 AND $280,807, RESPECTIVELY. (CONTINUED IN SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Weisner Treasurer And Clerk | OfficerTrustee | 4 | $0 |
Ellen Rizika Chair | OfficerTrustee | 4 | $0 |
Maureen Fallon Vice Chair | OfficerTrustee | 4 | $0 |
Polly Ribatt Director | Trustee | 1 | $0 |
Dawn Tringas Director | Trustee | 1 | $0 |
Denise Casper Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,287 |
| Investment income | $11,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,064 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $356,386 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,458 |
| Pension plan accruals and contributions | $806 |
| Other employee benefits | $0 |
| Payroll taxes | $6,912 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,427 |
| Advertising and promotion | $0 |
| Office expenses | $1,473 |
| Information technology | $8,726 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,292 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $991 |
| Insurance | $1,705 |
| All other expenses | $0 |
| Total functional expenses | $391,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,050 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $87,600 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,021 |
| Investments—publicly traded securities | $716,028 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,002,864 |
| Accounts payable and accrued expenses | $2,384 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,384 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,000,480 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Brookline High School 21st Century Fund Inc has recieved totaling $35,466.
| Awarding Organization | Amount |
|---|---|
Fiduciary Charitable Foundation Boston, MA PURPOSE: DONATIONS | $12,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $10,000 |
United Way Of Bergen County Paramus, NJ PURPOSE: DONOR DESIGNATION | $8,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $2,500 |
American Tower Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $2,000 |
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $750 |
Endowment Analysis
| Beg. Balance | $220,000 |
| Other Expense | $20,000 |
| Ending Balance | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |