Civic Intelligence

The School Fund

990 • Fiscal year 2017 • EIN 26-4134728

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 11, 2018

Organization Profiletheschoolfund.org
455 Coleridge AvenuePalo Alto, CA 94301

(650) 539-8731

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$200,481

Down $159,612 (-44%) from 2016

Net Assets

Down

$200,481

Down $156,662 (-44%) from 2016

Liabilities

Down

$0

Down $2,950 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin9th percentile

Revenue

Down

$375,461

Down $59,315 (-14%) from 2016

Expenses

Up

$532,123

Up $87,641 (+20%) from 2016

Net Income

Down

-$156,662

Down $146,956 (-1514%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2016: $360,093Liabilities 2016: $2,950Net Assets 2016: $357,1432016Assets 2017: $200,481Liabilities 2017: $0Net Assets 2017: $200,4812017Assets 2018: $263,211Liabilities 2018: $0Net Assets 2018: $263,2112018Assets 2019: $277,953Liabilities 2019: $0Net Assets 2019: $277,9532019Assets 2020: $286,421Liabilities 2020: $0Net Assets 2020: $286,4212020Assets 2021: $246,378Liabilities 2021: $0Net Assets 2021: $246,3782021Assets 2022: $232,066Liabilities 2022: $0Net Assets 2022: $232,0662022Assets 2023: $231,820Liabilities 2023: $0Net Assets 2023: $231,8202023Assets 2024: $256,750Liabilities 2024: $0Net Assets 2024: $256,7502024

Highlighted filing

2017

Assets$200,481
Liabilities$0
Net Assets$200,481
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $434,776Expenses 2016: $444,482Net Income 2016: -$9,7062016Revenue 2017: $375,461Expenses 2017: $532,123Net Income 2017: -$156,6622017Revenue 2018: $264,922Expenses 2018: $202,212Net Income 2018: $62,7102018Revenue 2019: $185,709Expenses 2019: $170,967Net Income 2019: $14,7422019Revenue 2020: $228,231Expenses 2020: $219,763Net Income 2020: $8,4682020Revenue 2021: $234,465Expenses 2021: $274,508Net Income 2021: -$40,0432021Revenue 2022: $189,168Expenses 2022: $203,480Net Income 2022: -$14,3122022Revenue 2023: $213,228Expenses 2023: $213,474Net Income 2023: -$2462023Revenue 2024: $176,562Expenses 2024: $151,632Net Income 2024: $24,9302024

Highlighted filing

2017

Revenue$375,461
Expenses$532,123
Net Income-$156,662
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 11, 2018
Return Version
2017v2.0
Gross Receipts
$375,461
Mission and Program Overview

Mission

The School Fund provides scholarships to high potential students in the developing world who cannot afford to attend school. Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically-disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading to a more educated and interconnected world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$360,093$182,190▼ $177,903
Pledges and Grants Receivable$0$18,291▲ $18,291
Savings and Temporary Cash Investments$0--
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$360,093$200,481▼ $159,612
Other Assets Total$0--
Liabilities
Other Liabilities$2,950--
Accounts Payable and Accrued Expenses$0--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$2,950$0▼ $2,950
Net Assets / Fund Balance
Unrestricted Net Assets$183,469$111,716▼ $71,753
Temporarily Rstr Net Assets$173,674$88,765▼ $84,909
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$357,143$200,481▼ $156,662
Total Liabilities and Net Assets / Fund Balance$360,093$200,481▼ $159,612
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Matt SeversonChair
Dan BarrittDirector
Denis SeversonDirector
Finn HarriesDirector
Prerana VaidyaDirector
Tim CarlbergDirector
Andrew PerraultSecretary
Kurt DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$375,228
Program Service Revenue
$0
Investment Income
$233
Other Revenue
$0
All Other Contributions
$375,228
Change in Net Assets
$-156,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$319,858
Other Expenses$183,739
Total Fundraising Expense$89,924
Salaries, Compensation, and Employee Benefits$28,526
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$319,858--$319,858
Fees for Services Management$27,143$224$71,990$99,357
Fees for Services Other$19,251$0$5,062$24,313
Other Salaries and Wages$15,694$6,334$0$22,028
Fees for Services Accounting$0$21,035$0$21,035
Travel$14,532$107$1,916$16,555
Office Expenses$1,566$1,290$6,559$9,415
Conferences and Meetings$1,215$91$4,384$5,690
Payroll Taxes$2,481$1,001-$3,482
Fees for Services Legal$0$3,443$0$3,443
Other Employee Benefits$506$2,510$0$3,016
All Other Expenses$449$1,290$13$1,752
Occupancy$657$513-$1,170
Insurance-$1,009-$1,009
Total Functional Expenses$403,352$38,847$89,924$532,123
International Activity

International Summary

Offices
0
Employees
0
Spending
$318,058

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaGrantmakingGrantmaking for school fees, expenses, and supplies--$262,058
South AmericaGrantmakingGrantmaking for school fees, expenses, and supplies--$30,980
South AsiaGrantmakingGrantmaking for school fees, expenses, and supplies--$25,020
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“There is a family relationship between two of the directors Denis Severson and Matthew Severson”

Form 990, Part VI, Section B, Line 11B

“The directors review the 990 before it is submitted and filed.”

Form 990, Part VI, Section B, Line 12C

“The directors and officers review the conflict of interest policy annually, including the requirement to disclose interests that could give rise to conflicts, and provide a written response”

Form 990, Part VI, Section B, Line 15

“The School Fund compares salaries to those of other nonprofits using a salary survey. At the time of filing, TSF does not maintain any salaried employees.”

Form 990, Part VI, Section C, Line 19

“The School Fund makes its governing documents, conflict of interest policy, and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
The School Fund
EIN
26-4134728
Phone
6505398731
Address
455 Coleridge Avenue, Palo Alto, CA 94301

Signing Officer

Name
Kurt Davis
Title
Treasurer
Phone
6505398731
Signed
2018-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Severson
Formed
2008
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
9

Preparer

Firm
100 Degrees Consulting
Address
9707 Carmelo Court, Clarence Center, NY 14032
Preparer
Stephanie Skryzowski
Phone
2034999774
Raw XML AppendixShowing 400 of 494 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The School Fund provides scholarships to high potential students in the developing world who cannot afford to attend school. Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically-disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading to a more educated and interconnected world.
IRS990/AllOtherContributionsAmt0375228
IRS990/AllOtherExpensesGrp/FundraisingAmt013
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01290
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0449
IRS990/AllOtherExpensesGrp/TotalAmt01752
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0100 Degrees Consulting
IRS990/BooksInCareOfDetail/PhoneNum02034999774
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0455 Coleridge Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Palo Alto
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094301
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0360093
IRS990/CashNonInterestBearingGrp/EOYAmt0182190
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt04384
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt091
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01215
IRS990/ConferencesMeetingsGrp/TotalAmt05690
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0375228
IRS990/CYGrantsAndSimilarPaidAmt0319858
IRS990/CYInvestmentIncomeAmt0233
IRS990/CYOtherExpensesAmt0183739
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-156662
IRS990/CYSalariesCompEmpBnftPaidAmt028526
IRS990/CYTotalExpensesAmt0532123
IRS990/CYTotalFundraisingExpenseAmt089924
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0375461
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Global Program: In 2017, The School Fund (TSF) made grants of scholarships and educational expenses for 344 needy secondary school students in 7 countries in 3 regions of the developing world. TSF worked with 11 NGO partners to identify eligible students and create a personalized profile and a detailed list of school costs for each student. Grants from TSF to fund scholarships and school expenses are administered and delivered to the students' schools by the NGO partners. TSF continues to develop and operate its person-to-person funding website where students' profiles and needs are featured. The online platform allows donors to view students profiles, enables students to communicate with donors via online journals, and supports a transparent payment process in which receipts from the student's school or the NGO partner are viewable on the website.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/ExpenseAmt0284221
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021035
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt021035
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03443
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt03443
IRS990/FeesForServicesManagementGrp/FundraisingAmt071990
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0224
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt027143
IRS990/FeesForServicesManagementGrp/TotalAmt099357
IRS990/FeesForServicesOtherGrp/FundraisingAmt05062
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt019251
IRS990/FeesForServicesOtherGrp/TotalAmt024313
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt0319858
IRS990/ForeignGrantsGrp/TotalAmt0319858
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt515
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt615
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Dan Barritt
IRS990/Form990PartVIISectionAGrp/PersonNm1Tim Carlberg
IRS990/Form990PartVIISectionAGrp/PersonNm2Kurt Davis
IRS990/Form990PartVIISectionAGrp/PersonNm3Finn Harries
IRS990/Form990PartVIISectionAGrp/PersonNm4Andrew Perrault
IRS990/Form990PartVIISectionAGrp/PersonNm5Denis Severson
IRS990/Form990PartVIISectionAGrp/PersonNm6Matt Severson
IRS990/Form990PartVIISectionAGrp/PersonNm7Prerana Vaidya
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0208337
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0375461
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01009
IRS990/InsuranceGrp/TotalAmt01009
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0233
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0233
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The School Fund provides scholarships to high potential students in the developing world who cannot afford to attend school. Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically-disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading to a more educated and interconnected world.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0357143
IRS990/NetAssetsOrFundBalancesEOYAmt0200481
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0513
IRS990/OccupancyGrp/ProgramServicesAmt0657
IRS990/OccupancyGrp/TotalAmt01170
IRS990/OfficeExpensesGrp/FundraisingAmt06559
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01290
IRS990/OfficeExpensesGrp/ProgramServicesAmt01566
IRS990/OfficeExpensesGrp/TotalAmt09415
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02510
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0506
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03016
IRS990/OtherLiabilitiesGrp/BOYAmt02950
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06334
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015694
IRS990/OtherSalariesAndWagesGrp/TotalAmt022028
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01001
IRS990/PayrollTaxesGrp/ProgramServicesAmt02481
IRS990/PayrollTaxesGrp/TotalAmt03482
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018291
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfficerNm0Matt Severson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Tanzania Program: In 2017, the Tanzania (TZ) program made grants of scholarships and educational expenses for 248 needy students in TZ and provided funding support for eight school computer centers used by students and teachers. As in the Global program, students' profiles and funding needs are featured on TSF's website. Students communicate with donors via online journals, using the computers at the computer centers. The website provides viewable receipts. On-the-ground operations in TZ in 2017 were conducted by The School Fund Tanzania, a TZ-registered NGO, as required by local law.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0119131
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0109719
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt072500
IRS990/ProgSrvcAccomActy3Grp/Desc0Outreach Program: (1) TSF has an active Bay Area Teen Board to engage youth in volunteering and building leadership skills in support of education in the developing and developed world.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0434523
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0250897
IRS990/PYInvestmentIncomeAmt0253
IRS990/PYOtherExpensesAmt048769
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-9706
IRS990/PYSalariesCompEmpBnftPaidAmt0144816
IRS990/PYTotalExpensesAmt0444482
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0434776
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-156662
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0212192
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0375228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0434452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0367962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0325640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0334754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01838036
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0295
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0259
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01180
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99936
IRS990ScheduleA/PublicSupportPY170Pct00.71409
IRS990ScheduleA/PublicSupportTotal170Amt01838036
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0375228
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0434452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0367962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0325640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0334754
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01838036
IRS990ScheduleA/TotalSupportAmt01839216
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0262058
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt125020
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt230980
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Grantmaking for school fees, expenses, and supplies
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Grantmaking for school fees, expenses, and supplies
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2Grantmaking for school fees, expenses, and supplies
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Grantmaking
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0262058
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt130980
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt225020
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Grant making
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Support scholarship programs and school computer centers
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1Support scholarship programs and school computer centers
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2Support scholarship programs and school computer centers
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1South America
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2South Asia
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0To monitor the use of grants and other assistance. The School Fund: 1) communicates with partner organizations throughout the year, including at least two formal meetings. 2) Requires a receipt be sent for individual students from the partner or the student's school within two months of disbursement, the receipts to be posted on The School Fund's website. 3) Requires that each partner/grantee organization maintain the high levels of transparency and program quality that were required during the initial partnership. 4) Will terminate non-compliant partners , and has terminated non-communicative partners. 5). Will periodically visit partner organizations to evaluate programs and confirm that students are enrolled.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule F, Part I, Line 2
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt015
IRS990ScheduleF/TotalSpentAmt0318058
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There is a family relationship between two of the directors Denis Severson and Matthew Severson
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The directors review the 990 before it is submitted and filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The directors and officers review the conflict of interest policy annually, including the requirement to disclose interests that could give rise to conflicts, and provide a written response
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The School Fund compares salaries to those of other nonprofits using a salary survey. At the time of filing, TSF does not maintain any salaried employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The School Fund makes its governing documents, conflict of interest policy, and financial statements available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$200,481
Liabilities
$0
Net assets
$200,481
Revenue
$375,461
Expenses
$532,123
Net income
-$156,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$1.77$1.52$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$2.13$2.13$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$1.89$2.03$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$2.34$2.75$0.40
2020Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$2.28$2.20$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$1.86$1.71$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$2.65$2.02$0.63
2017Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$3.75$5.32$1.57
2016Detailed filing. Detailed filing data is available for this year.$3.60$0.03$3.57$4.35$4.44$0.10