Skip to content
Nonprofiteer
← THE BOSTON EDUCATION DEVELOPMENT FOUNDATION INC

Form 990 for tax year 2022

Filed by THE BOSTON EDUCATION DEVELOPMENT FOUNDATION INC.

What the amendment changed

Compared with the return it replaced , filed 14 May 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$13,910,209 changed to $13,945,804
Total expenses
$13,043,036 changed to $13,044,823
Contributions and grants received
$12,499,339 changed to $12,453,338
Program service revenue
$999,283 changed to $995,283
Investment income
$411,587 changed to $497,183
Total assets, end of year
$16,009,168 changed to $16,217,388
Total liabilities, end of year
$1,300,937 changed to $1,468,516
Net assets or fund balances, end of year
$14,708,231 changed to $14,748,872
Management and general expenses
$673,050 changed to $674,837

Totals

Total revenue
$13,945,804
Total expenses
$13,044,823
Contributions and grants received
$12,453,338
Grants paid
$12,369,986
Program service revenue
$995,283
Investment income
$497,183
Other revenue
$0
Total assets, end of year
$16,217,388
Total liabilities, end of year
$1,468,516
Net assets or fund balances, end of year
$14,748,872
Program services expenses (Part IX)
$12,369,986
Management and general expenses
$674,837
Fundraising expenses
$0
Program service expenses (Part III)
$12,369,986

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $12,453,338

  • 2a · Program service revenue: SERVICE FEE INCOME

    total $995,283 · related or exempt $995,283

  • 3 · Investment income

    total $497,183 · excluded $497,183

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,369,986 · program services $12,369,986

  • 5 · Compensation of officers, directors and key employees

    total $173,218 · management and general $173,218

  • 7 · Other salaries and wages

    total $293,296 · management and general $293,296

  • 8 · Pension plan contributions

    total $11,186 · management and general $11,186

  • 9 · Other employee benefits

    total $7,575 · management and general $7,575

  • 10 · Payroll taxes

    total $35,055 · management and general $35,055

  • 11b · Fees: legal

    total $7,973 · management and general $7,973

  • 11c · Fees: accounting

    total $15,651 · management and general $15,651

  • 11g · Fees: other

    total $1,934 · management and general $1,934

  • 13 · Office expenses

    total $22,915 · management and general $22,915

  • 14 · Information technology

    total $34,837 · management and general $34,837

  • 16 · Occupancy

    total $25,789 · management and general $25,789

  • 23 · Insurance

    total $14,502 · management and general $14,502

  • 24e · All other expenses

    total $30,906 · management and general $30,906

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,166,893 · end of year $343,573

  • 2 · Savings and temporary cash investments

    beginning of year $13,951,533 · end of year $14,754,863

  • 11 · Investments: publicly traded securities

    beginning of year $22,424 · end of year $1,003,162

  • 15 · Other assets

    beginning of year $0 · end of year $115,790

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,223 · end of year $43,285

  • 18 · Grants payable

    beginning of year $979,289 · end of year $1,257,652

  • 19 · Deferred revenue

    beginning of year $259,280 · end of year $50,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $117,579

  • 27 · Net assets without donor restrictions

    beginning of year $3,089,206 · end of year $3,913,668

  • 28 · Net assets with donor restrictions

    beginning of year $10,751,852 · end of year $10,835,204

Mission and programs · 2022

Mission

THE BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION, INC. (BEDF) IS THE EDUCATION FOUNDATION FOR THE BOSTON PUBLIC SCHOOLS (BPS). AS THE FISCAL AGENT, NON-PROFIT PARTNER OF BPS, BEDF ENABLES A WIDE RANGE OF PROGRAMS AND SERVICES OPERATED BY BPS SCHOOLS AND DEPARTMENTS. THE MAJORITY OF BEDF FUNDING REVENUES COME FROM LOCAL AND NATIONAL PHILANTHROPY, SUCH AS FOUNDATIONS, CORPORATIONS AND INDIVIDUAL DONORS. THIS FUNDING SUSTAINS AND EXPANDS EDUCATIONAL OPPORTUNITIES THAT MAY OTHERWISE BE UNAVAILABLE, SUCH AS SCHOOL PROGRAMMING FOR STUDENTS, LEADERSHIP AND PROFESSIONAL DEVELOPMENT FOR EDUCATORS, AND ENGAGEMENT ACTIVITIES FOR FAMILIES.

  • THE FOUNDATION PROVIDES GENERAL MANAGEMENT, FINANCIAL, ADMINISTRATIVE, BOOKKEEPING, ACCOUNTING, FISCAL REPORTING AND FUNDRAISING SUPPORT TO PRIVATE-FUNDED PROGRAMS THAT FURTHER THE EDUCATIONAL AIMS AND GOALS OF BOSTON PUBLIC SCHOOLS. THE FOUNDATION ALSO PROVIDES FUNDRAISING SUPPORT TO SCHOOLS IN THE FOLLOWING AREAS: GRANT SEEKING AND DISSEMINATION, FUNDRAISING TRAINING AND GRANT WRITING COACHING, ASSISTANCE IN GRANTS REVIEW, AND CREATION OF ONLINE FUNDRAISING CAMPAIGNS FOR SCHOOLS AND PROGRAMS.

    Expenses $12,369,986 · Grants $12,369,986 · Revenue $995,283

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LAURA DZIORNY

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BENJAMIN IVEY

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • NATALIE VELASQUEZ

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • CONSTANZA CABELLO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NATHAN KUDER

    BPS SUPERINTENDENT DESIGNEE

    Total calculated
    $0
    Hours/week
    1

  • MURIEL LEONARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NATHALIE MERIDA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HAROLD MILLER JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MONICA ROBERTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BEVERLY ROSS DENNY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NORMAN TOWNSEND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAMELA LEINS

    EXECUTIVE DIRECTOR

    Total calculated
    $169,000
    From this org
    $160,768
    From related orgs
    $0
    Other
    $8,232
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,768
    Bonus
    $0
    Other
    $0
    Deferred
    $6,510
    Nontaxable benefits
    $1,722
    Filer's total
    $169,000

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
17 December 2024
IRS schema version
2022v5.0
Source object
202403539349300215

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.