Advanced Education Research & Development Fund
- Assets
- $37.8m
- Revenue
- $32.8m
- Investments
- $2.3m
- Employees
- 28
- Location
- Oakland, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3624930
Organization Overview
Advanced Education Research & Development Fund is located in Oakland, CA. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2021, Advanced Education Research & Development Fund employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Education Research & Development Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT RESEARCH AND DEVELOPMENT THAT WILL YIELD DRAMATIC IMPROVEMENTS IN PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCLUSIVE RESEARCH AND DEVELOPMENT:AERDF RAISES PHILANTHROPIC DOLLARS FROM THE GENERAL PUBLIC AND THEN MOBILIZES THAT CAPITAL TO SUPPORT INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS THAT ADDRESS PERNICIOUS TEACHING AND LEARNING CHALLENGES THAT DISPROPORTIONATELY IMPACT BLACK, LATINO AND LOW-INCOME STUDENTS. AERDF HAS ASSEMBLED TEAMS OF LEADING EXPERTS IN THE AREA OF EDUCATION RESEARCH AND INNOVATION. THESE TEAMS HAVE IDENTIFIED AND FUNDED EDUCATIONAL RESEARCH AND DEVELOPMENT PROJECTS THAT HAVE THE POTENTIAL TO CREATE BREAKTHROUGH LEARNING OUTCOMES FOR STUDENTS AT ALL LEVELS. CURRENT PROJECTS INCLUDE EF+MATH, ASSESSMENT FOR GOOD AND READING REIMAGINED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Childress Ceo/board President | OfficerTrustee | 40 | $399,999 |
Melina Uncapher Chief Of Research & Development | Officer | 40 | $285,000 |
Temple Lovelace Program Director | Officer | 40 | $249,053 |
Marvin Smith Chief Public Affairs Officer | Officer | 40 | $219,701 |
Daryl Peagler Cio/board Treasurer | OfficerTrustee | 40 | $213,750 |
Aubrey Francisco Program Director | Officer | 40 | $208,900 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mind Research Institute Research Partnership | 12/30/21 | $1,223,509 |
Newschools Venture Fund Shared Services | 12/30/21 | $1,177,819 |
Enlearn Research Partnership | 12/30/21 | $1,087,403 |
Saga Innovations Inc Dba Woot Math Research Partnership | 12/30/21 | $753,222 |
The 21st Century Partnership For Stem Ed Research Partnership | 12/30/21 | $692,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,770,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,770,000 |
| Total Program Service Revenue | $0 |
| Investment income | $72,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,842,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $309,416 |
| 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. | $1,895,971 |
| Compensation of current officers, directors, key employees. | $521,325 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,190,952 |
| Pension plan accruals and contributions | $69,274 |
| Other employee benefits | $405,907 |
| Payroll taxes | $196,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82,003 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,285,756 |
| Advertising and promotion | $432,853 |
| Office expenses | $58,438 |
| Information technology | $174,382 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,867 |
| Interest | $342 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,384 |
| All other expenses | $5,872 |
| Total functional expenses | $15,166,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,734 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,940 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $34,974,247 |
| Investments—other securities | $2,286,809 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,818,730 |
| Accounts payable and accrued expenses | $1,356,073 |
| 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 | $381,930 |
| Total liabilities | $1,738,003 |
| Net assets without donor restrictions | $22,967,321 |
| Net assets with donor restrictions | $13,113,406 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,818,730 |
Grants Awarded
Over the last fiscal year, Advanced Education Research & Development Fund has awarded $309,416 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VISTA UNIFIED SCHOOL DISTRICT PURPOSE: RESEARCH SUPPORT | $116,948 |
NEWARK BOARD OF EDUCATION PURPOSE: RESEARCH SUPPORT | $103,920 |
MIDDLETOWN CITY SCHOOL DISTRICT PURPOSE: RESEARCH SUPPORT | $88,548 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Advanced Education Research & Development Fund has recieved totaling $112,000,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $50,000,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $42,000,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SERVE AS A R&D ENGINE FOR THE EDUCATION SECTOR. | $12,000,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $8,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advanced Education Research & Development Fund Oakland, CA | $37,818,730 | $32,842,563 |
Learning Policy Institute Palo Alto, CA | $14,081,689 | $13,855,594 |
Centre For Effective Altruism Usa Inc San Francisco, CA | $38,716,189 | $17,476,222 |
Free Speech Foundation Tucson, AZ | $7,772,544 | $12,862,389 |
Publicworks Group Pasadena, CA | $3,758,874 | $4,171,322 |
The Nroc Project Carmel, CA | $6,140,866 | $4,569,862 |
The Rp Group Inc San Rafael, CA | $3,227,316 | $2,427,943 |
Romero Institute Santa Cruz, CA | $3,321,846 | $4,211,706 |
University Of Arizona Applied Research Corporation Tucson, AZ | $1,562,142 | $1,988,110 |
Center For Arizona Policy Inc Phoenix, AZ | $2,327,762 | $3,525,573 |
A For Arizona Phoenix, AZ | $591,569 | $2,295,104 |
Institute For Evidence-Based Change Long Beach, CA | $312,425 | $1,549,610 |