Denver Public Schools Foundation is located in Denver, CO. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Denver Public Schools Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Public Schools Foundation 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, Denver Public Schools Foundation generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $6.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) 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
DENVER PUBLIC SCHOOLS FOUNDATION IS A CATALYST FOR CHANGE IN DPS. SEE SCHEDULE O.WE BELIEVE OUR CITY IS STRENGTHENED BY EVERY STUDENT WHO GRADUATES READY TO LEAD A SUCCESSFUL LIFE. AS THE STRATEGIC FUNDRAISING PARTNER FOR DENVER PUBLIC SCHOOLS, WE INVEST IN ACCELERATING PROGRESS; WE CONNECT THE COMMUNITY TO OUR CLASSROOMS; AND WE INSPIRE CONFIDENCE IN THE PROMISE OF PUBLIC EDUCATION FOR DPS'S MORE THAN 90,000 STUDENTS AND MORE THAN 200 SCHOOLS. LEARN MORE AT WWW.DPSFOUNDATION.ORG.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DPS FOUNDATION COLLABORATED WITH FOUNDATIONS, CORPORATIONS, PARENTS, EDUCATORS, ALUMNI, AND OTHER MEMBERS OF THE COMMUNITY TO INVEST IN PROGRAMS AND SCHOOLS ACROSS DENVER. SUPPORTED BY OUR EVER-INCREASING DONOR BASE, DPS FOUNDATION GRANTED NEARLY $5 MILLION TO DPS FOR PRIORITY PROGRAMS AND CRITICAL NEEDS IN 2020-21.WORKING ALONGSIDE DPS LEADERS AND EDUCATORS, DPS FOUNDATION INVESTS IN TRANSFORMATIVE OPPORTUNITIES ACCELERATING PROGRESS FOR STUDENTS AND SCHOOLS TO HELP REACH OUR VISION WHERE EVERY STUDENT GRADUATES READY TO LEAD A SUCCESSFUL LIFE. (SEE CONTINUATION ON SCHEDULE O)OUR ANNUAL INITIATIVES REMAIN IMPORTANT AND IN 2020-21 WE CONTINUED TO SUPPORT SOCIAL EMOTIONAL LEARNING AND TRAUMA-INFORMED WORK IN DPS, CAREER AND COLLEGE DEVELOPMENT FOR HIGH SCHOOLERS, AND AFTERSCHOOL PROGRAMS FOR ELEMENTARY AGED STUDENTS.WITH GENEROUS FUNDING FROM BILL & MELINDA GATES FOUNDATION, THE NETWORK FOR SCHOOL IMPROVEMENT IS IN ITS SECOND OF FIVE YEARS AND CONTINUES TO WORK TO CREATE A COMMUNITY OF DPS HIGH SCHOOLS TO LEVERAGE CONTINUOUS IMPROVEMENT AND DESIGN THINKING TO ENSURE POST-SECONDARY SUCCESS FOR BLACK, LATINX, AND LOW-INCOME STUDENTS. WITH DPS FOUNDATION'S A TO Z FUND, WE FUNDED 107 GRANTS DURING THE 2020-21 SCHOOL YEAR.NEW IN 2020-21, DPS FOUNDATION IMPACTED SEVERAL KEY AREAS OF FOCUS INCLUDING AWARDING EIGHT SCHOOLS FUNDS FROM ITS $1 MILLION FUND, A MAJOR MILESTONE FOR DPS FOUNDATION. THE $1 MILLION FUND WILL WORK TO BREAK HISTORICAL PATTERNS OF INEQUITY FOR STUDENTS; ALLOWING SCHOOLS THE FLEXIBILITY TO DETERMINE WHERE THE DOLLARS ARE MOST NEEDED TO MOVE THE NEEDLE FOR STUDENT SUCCESS. AWARDS WILL BEGIN IN 2021-22 AND CONTINUE FOR 2-3 YEARS.PANDEMIC SUPPORT REMAINED PROMINENT THIS YEAR AS WELL. DPS FOUNDATION KEPT STUDENTS CONNECTED; PROVIDING INTERNET ACCESS FOR MORE THAN 300 STUDENTS WHO HAVE LIMITED ACCESS TO WI-FI FOR REMOTE LEARNING. SUPPORT ALSO ENSURED MORE THAN 4,000 STUDENTS AT 11 SCHOOLS HAD SCHOOL SUPPLIES TO START THE 2020-21 SCHOOL YEAR, INCLUDING ITEMS SUCH AS HEADPHONES AND INDIVIDUAL WHITE BOARDS FOR REMOTE LEARNING. IN ADDITION, DPS FOUNDATION ACCELERATED LEARNING BY FUNDING HIGH-INTENSITY 1:1 MATH TUTORING FOR 100 STUDENTS.THANKS TO OUR DONORS' GENEROSITY, DPS IS MAKING STRIDES FOR MORE THAN 90,000 STUDENTS IN DENVER. AS THE NEW SCHOOL YEAR APPROACHES, DPS IS EXCITED TO WELCOME STUDENTS BACK TO THE CLASSROOM FOLLOWING A YEAR FILLED WITH UNCERTAINTY MIXED WITH REMOTE AND IN-CLASSROOM LEARNING. DPS REMAINS A VIBRANT AND DIVERSE DISTRICT WITH STUDENTS IDENTIFYING AS 52.4% LATINX, 25.6% WHITE, 13.8% BLACK, ALONG WITH SMALL PERCENTAGES OF ASIAN, NATIVE INDIAN, OR NATIVE ALASKAN. WITH THAT DIVERSITY COMES A GREAT MIX OF LANGUAGES SPOKEN IN THE DISTRICT: 36.3% OF STUDENTS ARE ENGLISH LANGUAGE LEARNERS WITH MULTIPLE WORLD LANGUAGES TAUGHT IN DPS SCHOOLS INCLUDING FRENCH, ITALIAN, SPANISH, LAKOTA, JAPANESE, ARABIC, AND CHINESE. WE KNOW WHEN WE JOIN TOGETHER FOR OUR STUDENTS, OUR COMMUNITY AND CITY WILL THRIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Veronica Figoli Fleischer President/ceo (end 6/2021) | OfficerTrustee | 50 | $159,667 |
Kimberly Martinez VP Of Finance & Operations | 45 | $113,120 | |
Priya Burkett Chair | OfficerTrustee | 2 | $0 |
Jeanne Saunders Chair-Elect | OfficerTrustee | 2 | $0 |
Cedric Buchanon Treasurer | OfficerTrustee | 2 | $0 |
Russell Hedman Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,911,112 |
Investment income | $32,585 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$368 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,943,994 |
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. | $185,272 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $669,336 |
Pension plan accruals and contributions | $19,512 |
Other employee benefits | $63,781 |
Payroll taxes | $67,937 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,709 |
Fees for services: Other | $7,878 |
Advertising and promotion | $0 |
Office expenses | $6,709 |
Information technology | $19,787 |
Royalties | $0 |
Occupancy | $120 |
Travel | $31 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,707 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,022 |
Insurance | $8,382 |
All other expenses | $0 |
Total functional expenses | $6,120,436 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,824 |
Savings and temporary cash investments | $12,616,425 |
Pledges and grants receivable | $1,083,385 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,250,546 |
Total assets | $15,964,347 |
Accounts payable and accrued expenses | $38,567 |
Grants payable | $669,502 |
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 | $2,499,604 |
Total liabilities | $3,207,673 |
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 | $12,756,674 |
Over the last fiscal year, Denver Public Schools Foundation has awarded $12,438,827 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
DENVER PUBLIC SCHOOLS PURPOSE: Support Denver Public School programs. | $12,424,588 |
Odessa, FL PURPOSE: Supports literacy tutoring at DPS elementary schools. | $14,239 |
Over the last fiscal year, we have identified 2 grants that Denver Public Schools Foundation has recieved totaling $100,500.
Awarding Organization | Amount |
---|---|
Vf Foundation Wilmington, DE PURPOSE: LIGHTS ON AFTER SCHOOL | $100,000 |
Rotberg-Comens-Booth Foundation Potomac, MD PURPOSE: GENERAL | $500 |
Beg. Balance | $1,829,121 |
Earnings | $510,078 |
Net Contributions | $1,000 |
Grants | $89,653 |
Ending Balance | $2,250,546 |
Organization Name | Assets | Revenue |
---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Kemper & Ethel Marley Foundation Phoenix, AZ | $235,853,723 | $45,107,707 |
Lannan Foundation Santa Fe, NM | $172,893,423 | $11,573,580 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |