Saint Paul Public Schools Foundation

“The foundation's strategy team, comprised of thirteen directors, has authority to act on behalf of the board on all matters.”

“The foundation contracts with the saint paul foundation, a related organization for management services. The foundation's executive director's compensation is paid by the related organization, and is reported in form 990, part ix as part of the management fee.”

“The foundation elects board of directors who are then appointed by the saint paul foundation, inc.'s board chair and ratified by the board of directors of the saint paul foundation, inc.”

“The foundation's governing documents may only be amended with the written approval of the board of directors of the saint paul foundation, inc.”

“The form 990 will be reveiwed by the audit/budget committee and sent to the board of directors for review and action.”

“The foundation's conflict of interest policy covers directors, officers, and employees who are required to annually complete a conflict of interest questionnaire that is submitted to the executive director to identify relationships that may give rise to conflicts. A contract or transaction involving a conflict of interest may be approved by the board if the material facts as to the contract or transaction and the conflict of interest are fully disclosed or known to the board and the board approves the contract or transaction in good faith by the affirmative vote (without counting the interested individual) of a majority of the board at a meeting at which there is a quorum present, again without counting the interested individual. Prior to board action on a contract or transaction involving a conflict of interest, an individual who has a conflict of interest and who is in attendance at the meeting shall disclose all facts material to the conflict of interest. Such disclosure shall be reflected in the minutes of the meeting or, at the option of the secretary, in a separate memorandum that is filed with the original minutes of the meeting. A person who has a conflict of interest shall not participate in the board's discussion of the matter except to disclose material facts and to respond to questions. Such individual shall not attempt to exert personal influence with respect to the matter, either at or outside the meeting. A person who has a conflict of interest with respect to a contract or transaction that will be voted on at a meeting shall not be counted in determining the presence of a quorum for purposes of the vote. The person having a conflict of interest may not vote on the contract or transaction. Such individual's ineligibility to vote shall be reflected in the minutes of the meeting.”

“Form 990, part vi, section b, line 15a: the foundation's officers are not employees of the filing organization. The foundation reimburses the saint paul foundation for compensation paid for the executive director. To determine the foundation's executive director's compensation, there is an annual review lead by the chair of the board with input from board members and discussion and input by the strategy team. Final compensation level is approved by the chair of the board and is within the salary range structure of the saint paul foundation and the approved budget of the saint paul public schools foundation. This process was last completed in 2013. Staff compensation is determined by the executive director within the salary range structure of the saint paul foundation.”

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

“Compensation reported in part vii, columns (e) and (f) were paid to carleen k. Rhodes and ann mulholland for services rendered to the related organization, the saint paul foundation. Ms. Rhodes and ms. Mulholland did not receive compensation for serving on the board of the saint paul public schools foundation.”

“The saint paul public schools foundation contracts for staff services from the saint paul foundation. The payment of $502,492 represents amounts reimbursed for employee costs including salary, benefits, workers' compensation, insurance coverages and all other benefits and rental of workspace within the saint paul foundation's office. Staff performing services for the saint paul public schools foundation are employees of the saint paul foundation.”

“The new lens mentoring program is now part of the saint paul public schools foundation - this program had previously resided within the saint paul public schools.”

“Alumni & friends activity is on hold.”

“The foundation received $410,368 in donated services from the americorps* vista program and $39,913 of donated facilities from the saint paul foundation that were used in advancement of the foundation's programs.”

“An essential part of the foundation's programming is provided through an in-kind contribution of $410,368 for 13 americorps*vista volunteers that provide tutor coordination at 8 school sites and program support to the tutoring partnership for academic excellence. Because of accounting principles this amount is not recorded as a functional expense. Adding it to program service expenses provides a true picture of the scope of the foundation's work and the percentage of funds allocated to management & general expenses and to fundraising expenses. After factoring in in-kind expenses for the americorps*vista volunteers, the following functional percentages are revealed: program service - 75%; management & general - 12%; fundraising - 13%.”