2025-08-07T22:26:06-05:00 2024-09-30 260794367 UHY ADVISORS MID-ATLANTIC INC 7900 WESTPARK DR SUITE T420 MCLEAN VA 22102 990 2023-10-01 874015431 GROVE COLLECTIVE FOUNDATION GROV 2022519574 5185 MACARTHUR BLVD NW 456 WASHINGTON DC 20016 JACOB SCHRAMM MANAGING PARTNER OF GROVE 2022519574 2025-08-07 1 0 MONISH BANGA P00770505 7038932660 2025-08-07 2023 2025-03-06 01:10:19Z JACOB SCHRAMM 5185 MACARTHUR BLVD NW 456 WASHINGTON DC 20016 909584 0 X GROVEIMPACT.ORG X 2021 DC ACCELERATE ECONOMIC & SOCIAL MOBILITY SOLUTIONS BY EQUIPPING INNOVATORS WITH TEAMS OF EXPERIENCED SOCIAL ENTREPRENEURS 6 5 0 5 0 0 900239 593840 344749 315744 0 0 0 0 1244988 909584 0 0 0 0 184233 239669 0 0 19769 676327 877600 860560 1117269 384428 -207685 769640 599200 137920 175165 631720 424035 X TO INCREASE ECONOMIC AND SOCIAL MOBILITY BY EQUIPPING INNOVATORS WITH TEAMS OF EXPERIENCED SOCIAL ENTREPRENEURS WHO CAN HELP THEM ACCELERATE THEIR SECTOR-CHANGING IDEAS. SOLUTIONS FOR THE WORLD'S MOST PRESSING SOCIAL CHALLENGES ARE OFTEN ENVISIONED BY LEADERS OF THE NONPROFITS AND UNIVERSITIES FACING THOSE CHALLENGES EVERY DAY. UNFORTUNATELY, THOSE LEADERS ARE OFTEN TOO BUSY RUNNING THEIR ORGANIZATIONS TO MOVE THE BIG IDEA, SO IT NEVER LEAVES THE DRAWING BOARD. THE FOUNDATION IS A SOCIAL-IMPACT ORGANIZATION THAT PROVIDES ENTREPRENEURIAL CAPACITY TO HELP PARTNERS MOVE THEIR BIG IDEA FROM CONCEPT TO CONCRETE. 0 0 307674 0 OBSIDIAN ECOSYSTEM INITIATIVE - BLACK AND BROWN REAL ESTATE DEVELOPERS SEED MULTIDIMENSIONAL INFRASTRUCTURE. THE OBSIDIAN ECOSYSTEM INITIATIVE CONNECTS THE NATION'S TOP EMERGING BLACK AND BROWN REAL ESTATE DEVELOPERS WITH EDUCATION, WORKFORCE, AND INFRASTRUCTURE INNOVATORS TO PROVIDE BREAKTHROUGH NEIGHBORHOOD-LEVEL SOCIAL AND ECONOMIC MOBILITY OUTCOMES. 360598 48000 CONSORTIUM - A CONSORTIUM OF THE NATION'S HIGHLY-SELECTIVE COLLEGES AND HIGH-IMPACT COMMUNITY-BASED ORGANIZATIONS CREATES A MORE EQUITABLE APPLICATION PROCESS FOR STUDENTS FROM LOW-INCOME BACKGROUNDS. 104305 131247 PEERFORWARD IN COLLEGE - THE PURPOSE OF THE PEERFORWARD IN COLLEGE PROJECT (PFIC) IS TO ESTABLISH A PLAN TO HELP PEERFORWARD SUPPORT COLLEGE PARTNERS TO PRODUCE FIELD-SHIFTING INCREASE IN GRADUATION RATES WITH A COST-EFFECTIVE AND SCALABLE APPROACH. 24220 REDEMPTIVE LEADERSHIP PROJECT - THE REDEMPTIVE LEADERSHIP PROJECT SEEKS TO CREATE A SPACE FOR PEOPLE WITH MEANINGFUL DIFFERENCES TO COME TOGETHER IN TRUE FELLOWSHIP, DURING A TIME WHEN FEWER AND FEWER SUCH SPACES EXIST. THE COLLECTIVE CURATED AN INVITATION LIST TO BRING TOGETHER A COMMUNITY WITH DIVERSE EXPRESSIONS OF EMBODIED FAITH AND EXPERIENCE, REPRESENTING DIFFERENT CULTURES, DENOMINATIONS, POLITICAL VIEWS, SEXUAL ORIENTATIONS, ROLES IN EDUCATION, AND UNDERSTANDINGS OF GOD. THE COLLECTIVE DEEPLY BELIEVES IN THE POWER OF BUILDING COMMUNITY ACROSS MANY LINES OF DIFFERENCE, AND LOOKS FORWARD TO CO-CREATING A SACRED AND BRAVE SPACE OF LISTENING, LEARNING, AND COMMUNITY. 179 ONE GOAL - THE PURPOSE OF THE ONE GOAL PROGRAM IS TO SCALE COLLEGE ACCESS IMPACT THROUGH STATE DELIVERY CHANNELS AND TO PACKAGE AND DISTRIBUTE STATE-WIDE TRAINING FOR HIGH SCHOOL TEACHERS AND COUNSELORS IN HOLISTIC, EQUITY-FOCUSED COLLEGE ACCESS. 13996 8000 DIGITAL PROMISE - THE DIGITAL PROMISE PROGRAM WAS ESTABLISHED TO HELP PARAGUAYAN STUDENTS "LEAPFROG" INEQUALITIES THROUGH POWERFUL LEARNING WITH TECHNOLOGY. THE PROGRAM AIMS TO DESIGN STRATEGIES AND SECURE RESOURCES TO ADAPT DIGITAL PROMISE'S POWERFUL LEARNING MODEL FOR THE PARAGUAYAN CONTEXT WITH FUNDACION PARAGUAYA. 69017 CAREER AND TECHNICAL EDUCATION - THE FOUNDATION SEEKS TO EXPAND HIGH SCHOOL CAREER PATHWAY AND COLLEGE GUIDANCE CAPACITY USING A NOVEL APPROACH FOR EXPANDING WORK-BASED LEARNING OPPORTUNITIES FOR STUDENTS AND COLLEGE AND CAREER PATHWAY GUIDANCE SUPPORTS IN UNDER-RESOURCED SCHOOLS. 37662 19998 BOTTOM LINE - THE BOTTOM LINE PROGRAM WAS ESTABLISHED TO COMBINE IMPACT AND SCALE VIA BOT TECHNOLOGY, TO BUILD ON THE ORGANIZATION'S UNSURPASSED EVIDENCE BASE FOR POSTSECONDARY ACCESS AND COMPLETION, AND TO TEST AI-DRIVEN TOOLS TO INCREASE EFFICIENCY AND SCALE. 96157 108499 LEADERSHIP INITIATIVE FOR FAITH AND EDUCATION (LIFE) - THE PURPOSE OF LIFE IS TO BUILD PARTNERSHIPS BETWEEN SCHOOLS AND FAITH COMMUNITIES IN THE U.S., SUPPORTING THE LIFE INITIATIVE AT HARVARD'S GRADUATE SCHOOL OF EDUCATION. THE PROGRAM AIMS TO CLARIFY THE CENTER'S UNIQUE, VALUABLE CONTRIBUTION TO THE FIELD AND DEVELOP A STRATEGY TO EXPAND THE IMPACT OF LIFE. 241231 136497 1013808 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 2022519574 5185 MACARTHUR BLVD NW 456 WASHINGTON DC 20016 JACOB SCHRAMM MANAGING PARTNER 40.00 0.00 X X 272192 0 0 SCOTT SIFF DIRECTOR 1.00 X 0 0 0 EMMANUEL FORTUNE DIRECTOR 1.00 X 0 0 0 KEVIN ROBINSON DIRECTOR 1.00 X 0 0 0 KINNEY ZALESNE DIRECTOR 1.00 X 0 0 0 NICOLE BAKER FULGHAM DIRECTOR 1.00 X 0 0 0 272192 0 0 1 0 1 0 FLI STRATEGIC ADVISING 1025 MAXWELL LANE APT 404 HOBOKEN NJ 07030 PROGRAM MANAGEMENT 195000 DERWIN SISNETT 2829 11TH AVENUE OAKLAND CA 94610 PROGRAM MANAGEMENT 168116 TINA V FERNANDEZ 1084 COLQUITT AVE NE ATLANTA GA 30307 PROGRAM MANAGEMENT 109302 DONNA L TAYOLOR 2108 MOSLEY STREET WAYNESBORO VA 22980 PROGRAM MANAGEMENT 101897 4 593840 593840 RESEARCH AND DEVELOPME 900099 164499 164499 EDUCATION MODELS 900099 151245 151245 315744 909584 315744 0 0 X 239669 201322 23967 14380 8144 8144 42120 42120 761856 749542 7696 4618 1280 1120 100 60 2993 2227 687 79 5758 5231 327 200 46050 45582 284 184 3673 3058 367 248 5726 5726 1117269 1013808 83692 19769 693624 446249 102800 71919 21670 776 776 3321 27705 769640 599200 137920 145165 30000 137920 175165 X 201548 143834 430172 280201 631720 424035 769640 599200 -207685 0 X 0 1 X 1 0 X 490000 900238 593840 1984078 490000 900238 593840 1984078 1532508 451570 1984078 915493 X PART II, SHORT YEAR EXPLANATION THE 2021 RETURN FILING WAS A SHORT YEAR AS THE FOUNDATION WAS NOT ESTABLISHED UNTIL NOVEMBER 30, 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 430172 593840 -694246 -49565 280201 75858 895880 -520438 -21128 430172 490000 -409971 -8171 75858 1.00000 0 0 0 X 909584 0 909584 0 909584 1117269 0 1117269 0 1117269 PART X, LINE 2: THE COLLECTIVE IS REQUIRED TO MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN INCOME TAX POSITIONS THE COLLECTIVE HAS TAKEN IN THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION OR EXPECT TO TAKE ON AN INCOME TAX RETURN. THE COLLECTIVE RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN INCOME TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAX AUTHORITIES. THE COLLECTIVE RECORDED NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS FOR ANY OPEN TAX YEARS. 1 X X 0 0 0 0 0 0 0 0 0 JACOB SCHRAMM MANAGING PARTNER 272192 0 0 0 0 0 0 0 0 0 272192 0 0 0 PART I, LINE 3 MULTIPLE MEMBERS OF THE BOARD SOURCED THIRD PARTY CEO PAY COMPARABLES FOR AN ORGANIZATION OF GROVE COLLECTIVE FOUNDATION'S SIZE AND SHARED THE DATA WITH THE ENTIRE BOARD. AFTER REVIEWING THE DATA, THE BOARD VOTED UNANIMOUSLY TO APPROVE THE CEO COMPENSATION. LEAGUE LLC DBA GROVE SOCIAL IMPACT PARTNERS SOLE MEMBER LOAN FOR OPERATING EXPENSES X 51548 776 0 0 0 776 PART II THE COLLECTIVE HIRES LEAGUE, LLC TO SERVE AS MANAGING DIRECTOR OF THE FOUNDATION, ANY FOR-PROFIT ACTIVITIES THAT DO NOT FALL UNDER THE NON-PROFIT BANNER ARE PERFORMED AND TAKEN ON BY LEAGUE, LLC. LEAGUE, LLC HEADS ALL OF THESE INITIATIVES AND ALLOCATES EXPENSES BETWEEN THE TWO ENTITIES. ANY LEAGUE, LLC EXPENSES PAID BY THE FOUNDATION OR AMOUNTS PROVIDED BY THE FOUNDATION TO LEAGUE, LLC TO PAY EXPENSES ARE TREATED AS LOANS TO LEAGUE, LLC. THE AMOUNT DUE FROM LEAGUE TO THE ORGANIZATION AS OF YEAR END WAS $776 WHICH WAS COMPLETELY PAID SUBSEQUENT TO YEAR END. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD, SCOTT SIFF AND KINNY ZALESNE, ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 6 GROVE COLLECTIVE FOUNDATION HAS ONE MEMBER, LEAGUE LLC. FORM 990, PART VI, SECTION A, LINE 7A ACCORDING TO THE BYLAWS, GROVE COLLECTIVE FOUNDATION HAS ONE MEMBER WITH THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY, LEAGUE LLC. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGING PARTNER OF GROVE COLLECTIVE FOUNDATION, WHO IS ALSO A BOARD MEMBER, REVIEWS FORM 990 AS PREPARED BY THE ORGANIZATION'S OUTSIDE CPAS. THE MANAGING PARTNER OF GROVE COLLECTIVE FOUNDATION ALSO SHARES THE FORM 990 WITH THE ENTIRE BOARD FOR THEIR REVIEW. FORM 990 IS FILED AFTER THE MANAGING PARTNER OF GROVE COLLECTIVE FOUNDATION GIVES HIS FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ON A REGULAR BASIS THE BOARD REVIEWED COLLECTED CONFLICT FORMS, REVIEWED ALL CONFLICTS AND TOOK APPROPRIATE MEASURES TO RECUSE BOARD MEMBERS FROM ANY DIRECTOR ACTIVITY CONCERNING RELEVANT BUSINESS. FORM 990, PART VI, SECTION B, LINE 15A MULTIPLE MEMBERS OF THE BOARD SOURCED THIRD PARTY CEO PAY COMPARABLES FOR AN ORGANIZATION OF GROVE COLLECTIVE FOUNDATION'S SIZE AND SHARED THE DATA WITH THE ENTIRE BOARD. AFTER REVIEWING THE DATA, THE BOARD VOTED UNANIMOUSLY TO APPROVE THE CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS AND THE PUBLIC DISCLOSURE COPY OF ITS 990 AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IT MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC IF AND TO THE EXTENT LEGALLY REQUIRED TO DO SO. FORM 990, PART IX, LINE 11G RESEARCH PARTNERS: PROGRAM SERVICE EXPENSES 74,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,000. COORDINATOR: PROGRAM SERVICE EXPENSES 64,651. MANAGEMENT AND GENERAL EXPENSES 7,696. FUNDRAISING EXPENSES 4,618. TOTAL EXPENSES 76,965. PROGRAM MANAGEMENT: PROGRAM SERVICE EXPENSES 610,891. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 610,891.