Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
XQ INSTITUTE
 
Number and street (or P.O. box number if mail is not delivered to street address)248 3RD STREET 319
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OAKLAND, CA94607
A Employer identification number

47-4422640
B Telephone number (see instructions)

(650) 210-5118
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$14,589,368J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 51,691,456
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,453 1,453 1,453
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 24,495 0 24,495
12 Total. Add lines 1 through 11........ 51,717,404 1,453 25,948
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 641,701 0 0 641,701
14 Other employee salaries and wages...... 7,788,958 0 0 7,904,256
15 Pension plans, employee benefits....... 1,549,178 0 0 1,550,162
16a Legal fees (attach schedule)......... Click to see attachment 1,121,417 0 0 1,088,624
b Accounting fees (attach schedule)....... Click to see attachment 165,160 0 0 167,816
c Other professional fees (attach schedule).... Click to see attachment 15,223,985 0 0 15,276,273
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,310 0 0 1,310
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 332,571 0 0 338,389
22 Printing and publications.......... 25,279 0 0 26,267
23 Other expenses (attach schedule)....... Click to see attachment 2,829,579 0 0 2,789,216
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,679,138 0 0 29,784,014
25 Contributions, gifts, grants paid....... 23,055,267 23,055,267
26 Total expenses and disbursements. Add lines 24 and 25 52,734,405 0 0 52,839,281
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,017,001
b Net investment income (if negative, enter -0-) 1,453
c Adjusted net income (if negative, enter -0-)... 25,948
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 750    
2 Savings and temporary cash investments......... 13,548,075 13,281,244 13,281,244
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 411,348 5,425 5,425
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 861,999 413,626 413,626
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,404,186
Less: accumulated depreciation (attach schedule) bullet1,404,186      
15 Other assets (describe bullet) Click to see attachment889,073 Click to see attachment889,073 Click to see attachment889,073
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,711,245 14,589,368 14,589,368
Liabilities 17 Accounts payable and accrued expenses.......... 1,270,992 1,166,116
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,270,992 1,166,116
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 14,440,253 13,423,252
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 14,440,253 13,423,252
30 Total liabilities and net assets/fund balances (see instructions). 15,711,245 14,589,368
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
14,440,253
2
Enter amount from Part I, line 27a .....................
2
-1,017,001
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
13,423,252
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,423,252
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 20
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 20
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 65
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 65
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 45
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet45 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletXQSUPERSCHOOL.ORG
    14
    The books are in care ofbulletXQ INSTITUTE Telephone no.bullet (650) 210-5118

    Located atbullet248 3RD STREET 319OAKLANDCA ZIP+4bullet94607
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    LAURENE POWELL JOBS CHAIR OF THE BOARD
    15.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    RUSSLYNN ALI CHIEF EXECUTIVE OFFICER
    35.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    MICHAEL KLEIN DIRECTOR
    3.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    GEOFFREY CANADA TREASURER
    3.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    YO-YO MA DIRECTOR
    3.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    MARC ECKO SECRETARY
    35.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    JIMMY IOVINE DIRECTOR
    3.00     		0 0 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    MOLLY MAUER CHIEF OPERATING OFFICER
    40.00     		357,224 27,588 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    JEYACHANDRAN RATNAGOPAL CHIEF FINANCIAL OFFICER
    40.00     		284,477 28,655 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    ANNE MACKINNON SENIOR ADVISOR
    40.00     		387,062 35,340 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    MARY RYERSE HEAD OF SCHOOLS
    40.00     		360,828 17,166 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    URSULINA RAMIREZ CHIEF PROGRAM OFFICE
    40.00     		328,457 31,289 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    LAUREN BIERBAUM HEAD OF RESEARCH, DA
    40.00     		319,135 26,403 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    MICHAEL EVANS HEAD OF CREATIVE DIR
    40.00     		296,877 12,274 0
    248 3RD STREET SUITE 319
    OAKLAND,CA94607
    Total number of other employees paid over $50,000...................bullet 40
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    ATHLETICS LLC WEBSITE AND CONTENT DEVELOPMENT 1,842,475
    210 N 6TH ST
    BROOKLYN,NY11211
    GETTING SMART LLC RESEARCH AND SCHOOL SUPPORT 1,020,000
    1600B SW DASH POINT RD 311
    FEDERAL WAY,WA98023
    ALWAYS BE LEARNING INC CONTENT & PRODUCT DEVELOPMENT 934,990
    156 SECOND STREET
    SAN FRANCISCO,CA94105
    O'MELVENY & MEYERS LLP LEGAL SERVICES 864,536
    1999 AVENUE OF THE STARS 8TH FLOOR
    LOS ANGELES,CA90067
    NATIONAL CENTER FOR CIVIC INNOVATION INC SCHOOL SUPPORT 796,150
    121 6TH AVENUE 6TH FLOOR
    NEW YORK,NY10013
    Total number of others receiving over $50,000 for professional services.............bullet48
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 MOVEMENT BUILDING AND PUBLIC AWARENESS. THROUGH OUR OWN ACTIVITIES AND BY SUPPORTING THE ALIGNED WORK OF OTHER ORGANIZATIONS, XQ SEEKS TO BUILD NATIONAL WILL FOR HIGH SCHOOL TRANSFORMATION. WE PURSUE THAT GOAL THROUGH CREATIVE USE OF MEDIA (INCLUDING FILM, TELEVISION AND SOCIAL MEDIA), STORYTELLING, DONATED ADVERTISING, PUBLIC REPORTS ON KEY ISSUES IN HIGH SCHOOL REFORM, AND PUBLIC SPEAKING. 10,631,081
    2 SUPPORT FOR NEW HIGH SCHOOL DESIGNS AND TOOLS & RESOURCES FOR COMMUNITY ADVOCATES TO ENGAGE IN HIGH SCHOOL REDESIGN. XQ WORKS IN COMMUNITIES THROUGHOUT THE COUNTRY, WITH INDIVIDUAL SCHOOLS AND ENTIRE SCHOOL SYSTEMS, TO HELP THEM DREAM BIG ABOUT WHAT HIGH SCHOOL COULD BE, TURN THEIR INNOVATIVE IDEAS INTO ACTION, AND CREATE MORE RIGOROUS AND EQUITABLE SCHOOLS. XQ SHARES WHAT'S WORKING WITH OTHER SCHOOLS AND DISTRICTS, SO THEY CAN TAILOR NEW MODELS TO THE NEEDS OF THEIR OWN STUDENTS AND COMMUNITIES. XQ CREATES AND SHARES OPEN-SOURCE TOOLS, BASED ON RESEARCH AND DESIGN THINKING, WHICH EMPOWER PEOPLE TO TAKE UP THE CHALLENGE OF TRANSFORMING THEIR HIGH SCHOOLS WITH A UNIFYING GOAL: UNLOCKING THE AMERICAN PROMISE OF A HIGH-QUALITY EDUCATION FOR EVERYONE. 14,729,850
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    10,323,726
    c
    Fair market value of all other assets (see instructions)................
    1c
    502,518
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,826,244
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,826,244
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    162,394
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,663,850
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    533,193
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
    2015-06-26
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
    25,948 44,302 508,771 19,700 598,721
    b 85% (0.85) of line 2a ......... 22,056 37,657 432,455 16,745 508,913
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		52,839,281 48,182,651 77,872,751 47,030,553 225,925,236
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		23,055,267 23,755,072 34,236,527 20,189,859 101,236,725
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		29,784,014 24,427,579 43,636,224 26,840,694 124,688,511
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		355,462 409,400 339,181 405,567 1,509,610
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BROOKLYN LABORATORY CHARTER SCHOOL
    240 JAY STREET
    BROOKLYN,NY11201     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 2,000,371
    CEDAR RAPIDS COMMUNITY SCHOOLS FOUNDATION
    2500 EDGEWOOD ROAD NW
    CEDAR RAPIDS,IA52405     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 83,085
    COMMUNITY FOUNDATION FOR SOUTH CENTRAL NEW YORK INC
    520 COLUMBIA DRIVE SUITE 100
    JOHNSON CITY,NY13790     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 232,871
    CROSSTOWN HIGH SCHOOL INC
    1365 TOWER AVENUE
    MEMPHIS,TN38104     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,644,907
    DA VINCI SCHOOLS LA COUNTY
    201 N DOUGLAS STREET
    EL SEGUNDO,CA90245     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 3,100,281
    EDUCATION FOR CHANGE
    333 HEGENBERGER ROAD SUITE 600
    OAKLAND,CA94621     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,325,105
    ELIZABETHTON HIGH SCHOOL
    804 SOUTH WATAUGA AVENUE
    ELIZABETHTON,TN37643     		N/A GOV SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 490,115
    FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS INC
    400 E LAKE MARY BLVD
    SANFORD,FL32773     		N/A SO I SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 639,005
    FUND FOR PUBLIC SCHOOLS INC
    52 CHAMBERS STREET ROOM 305
    NEW YORK,NY10007     		N/A PC SUPPORT NYDOE IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOLS. 2,200,000
    GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION
    111 LIBRARY NE
    GRAND RAPIDS,MI49503     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 2,272,935
    GREATER HOUSTON COMMUNITY FOUNDATION
    5120 WOODWAY DRIVE SUITE 6000
    HOUSTON,TX77056     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,610,057
    NEW HARMONY HIGH INSTITUTE
    400 POYDRAS SUITE 1812
    NEW ORLEANS,LA70130     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,368,315
    PARTNERSHIP FOR LOS ANGELES SCHOOLS
    1055 WILSHIRE BLVD SUITE 1850
    LOS ANGELES,CA90017     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 500,000
    PURDUE POLYTECHNIC HIGH SCHOOL OF INDIANAPOLIS INC
    101 W OHIO STREET SUITE 1250
    INDIANAPOLIS,IN46204     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,011,375
    RHODE ISLAND COMMUNITY FOUNDATION
    1 UNION STATION
    PROVIDENCE,RI02903     		N/A PC SUPPORT THE STATE IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOLS. 529,650
    VISTA FOUNDATION FOR INNOVATIVE LEARNING
    1234 ARCADIA AVENUE
    VISTA,CA92084     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,698,621
    WASHINGTON LEADERSHIP ACADEMY
    3015 4TH STREET NORTHEAST
    WASHINGTON,DC20017     		N/A PC SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. 1,676,798
    AMERICAN FEDERATION OF TEACHERS
    555 NEW JERSEY AVENUE NORTHWEST
    WASHINGTON,DC20001     		N/A PC 2021 TEACH CONTRIBUTION 10,000
    ARRAY ALLIANCE
    16000 VENTURA BOULEVARD SUITE 900
    ENCINO,CA91436     		N/A PC SUPPORT THE DR. STANLEY SEIDMAN GRANT FOR ART EDUCATORS AWARD 20,000
    COMMUNITY DEVELOPMENT FINANCE
    3411 EAST 12TH STREET 124
    OAKLAND,CA94601     		N/A PC SUBSIDIZE OAKLAND TEACHERS COST OF LIVING FOR 2021-2022 SCHOOL YEAR, ETC. 185,000
    ENTERTAINMENT INDUSTRY FOUNDATION
    10880 WILSHIRE BLVD SUITE 1400
    LOS ANGELES,CA90024     		N/A PC SUPPORT THE CHARLIZE THERON AFRICA OUTREACH PROJECT 20,000
    GLSEN
    110 WILLIAM STREET 30TH FLOOR
    NEW YORK,NY10038     		N/A PC GENERAL SUPPORT 20,000
    HOPEWELL FUND
    1201 CONNECTICUT AVENUE NORTHWEST
    WASHINGTON,DC20036     		N/A PC SUPPORT THE RARE IMPACT FUND 150,000
    LET'S INNOVATE THROUGH EDUCATION
    88 UNION AVENUE 6TH FLOOR
    MEMPHIS,TN38103     		N/A PC GENERAL SUPPORT 5,000
    MOVIMIENTO AL EXITO
    PO BOX 93531
    DES MOINES,IA50393     		N/A PC GENERAL SUPPORT 10,000
    OAKLAND ART MURMUR
    490 LAKE PARK AVENUE
    OAKLAND,CA94610     		N/A PC GENERAL SUPPORT 5,000
    SAVING OUR DAUGHTERS INC
    311 RYAN TRAIL
    DALLAS,GA30157     		N/A PC GENERAL SUPPORT 20,000
    SENECA FAMILY OF AGENCIES
    8945 GOLF LINKS ROAD
    OAKLAND,CA94605     		N/A PC SUPPORT THE KITS CUBED PROGRAM 5,000
    SOCIAL GOOD FUND
    PO BOX 5473
    RICHMOND,CA94805     		N/A PC DELIVER VOCAL JUSTICE WORKSHOPS TO STUDENTS 50,000
    SUMMER STARS CAMP FOR THE PERFORMING ARTS
    132 HIGH STREET
    NORWELL,MA02061     		N/A PC GENERAL SUPPORT 10,000
    TEENS WITH A PURPOSE
    700 EAST OLNEY ROAD
    NORFOLK,VA23504     		N/A PC GENERAL SUPPORT 5,000
    THE BORIS LAWRENCE HENSON FOUNDATION INC
    8383 WILSHIRE BOULEVARD
    BEVERLY HILLS,CA90211     		N/A PC SUPPORT MENTAL HEALTH COALITIONS 50,000
    THE STEPHEN C ROSE LEGACY FOUNDATION
    PO BOX 9070
    PROVIDENCE,RI02940     		N/A PC SUPPORT THE MENTAL HEALTH AND EMOTIONAL WELL-BEING YOUTH IN THE HOUSTON UNIFIED SCHOOL DISTRICT 20,000
    TRUE SKOOL INC
    161 WEST WISCONSIN AVENUE SUITE
    1000
    MILWAUKEE,WI53203     		N/A PC GENERAL SUPPORT 5,000
    USC IOVINE AND YOUNG ACADEMY
    3780 WATT WAY IYH 201
    LOS ANGELES,CA90089     		N/A PC SUPPORT THE LANDSCAPE ANALYSIS FOR ESTABLISHING IYA AS A HIGH SCHOOL 15,000
    WATERFIRE PROVIDENCE
    475 VALLEY STREET
    PROVIDENCE,RI02908     		N/A PC WATERFIRE SPONSORSHIP 66,776
    Total .................................bullet 3a 23,055,267
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,453  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS REVENUE     		    01 24,495  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 25,948 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    25,948
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    XQ INSTITUTE
     
    Employer identification number

    47-4422640
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    XQ INSTITUTE
          		Employer identification number
    47-4422640
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    GOLDMAN SACHS PHILANTHROPY FUND
     
    PO BOX 15203
     
    ALBANY, NY122125203

    		$ 37,826,122


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    NATIONAL PHILANTHROPIC TRUST
     
    165 TOWNSHIP LINE RD SUITE 1200
     
    JENKINTOWN, PA19046

    		$ 13,865,334


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    XQ INSTITUTE
          		Employer identification number

    47-4422640
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    XQ INSTITUTE
          		Employer identification number

    47-4422640
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 165,160 0 0 167,816

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    CEDAR RAPIDS COMMUNITY SCHOOLS FOUNDATION
          		2500 EDGEWOOD ROAD NW
    CEDAR RAPIDS,IA52405     		2019-07-01 128,900 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 128,900 NONE 7/27/2020, 7/13/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    CHARITABLE VENTURES OF ORANGE COUNTY
          		1505 E 17TH STREET 101
    SANTA ANA,CA92705     		2019-07-01 385,580 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 385,580 NONE 9/11/2020, 8/19/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    COMMUNITY FOUNDATION FOR SOUTH CENTRAL NEW YORK INC
          		520 COLUMBIA DRIVE SUITE 100
    JOHNSON CITY,NY13790     		2019-07-01 543,589 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 543,589 NONE 8/14/2020, 8/19/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS INC
          		400 E LAKE MARY BLVD
    SANFORD,FL32773     		2019-07-01 551,335 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 551,335 NONE 8/15/2020, 8/14/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION
          		111 LIBRARY NE
    GRAND RAPIDS,MI49503     		2019-07-01 1,077,318 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 1,077,318 NONE 8/13/2020, 9/1/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    GREATER HOUSTON COMMUNITY FOUNDATION
          		5120 WOODWAY DRIVE SUITE 6000
    HOUSTON,TX77056     		2019-07-01 1,475,743 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 1,475,743 NONE 7/29/2020, 8/24/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    FROM ONE HAND TO ANOTHER INC
          		253 TOWN CENTER DRIVE SUITE 1035
    VIRGINIA BEACH,VA23462     		2019-07-31 100,000 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 100,000 NONE 3/27/2020, 1/14/21 2021-01-22 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    CEDAR RAPIDS COMMUNITY SCHOOLS FOUNDATION
          		2500 EDGEWOOD ROAD NW
    CEDAR RAPIDS,IA52405     		2020-09-16 147,690 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 147,690 NONE 7/13/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    CHARITABLE VENTURES OF ORANGE COUNTY
          		1505 E 17TH STREET 101
    SANTA ANA,CA92705     		2020-10-27 750,187 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 150,187 NONE 8/19/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    COMMUNITY FOUNDATION FOR SOUTH CENTRAL NEW YORK INC
          		520 COLUMBIA DRIVE SUITE 100
    JOHNSON CITY,NY13790     		2020-09-10 286,387 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 286,387 NONE 8/19/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS INC
          		400 E LAKE MARY BLVD
    SANFORD,FL32773     		2020-08-14 1,046,019 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 1,046,019 NONE 8/14/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION
          		111 LIBRARY NE
    GRAND RAPIDS,MI49503     		2020-08-14 2,735,645 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 2,735,645 NONE 9/1/21 2021-09-15 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    GREATER HOUSTON COMMUNITY FOUNDATION
          		5120 WOODWAY DRIVE SUITE 6000
    HOUSTON,TX77056     		2020-09-02 1,799,405 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 1,799,405 NONE 8/24/21, 8/15/22 2021-08-16 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    CEDAR RAPIDS COMMUNITY SCHOOLS FOUNDATION
          		2500 EDGEWOOD ROAD NW
    CEDAR RAPIDS,IA52405     		2021-01-20 83,085 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 83,050 NONE 8/9/2022 2022-08-16 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    COMMUNITY FOUNDATION FOR SOUTH CENTRAL NEW YORK INC
          		520 COLUMBIA DRIVE SUITE 100
    JOHNSON CITY,NY13790     		2021-01-21 232,871 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 232,871 NONE 8/16/2022 2022-08-18 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS INC
          		400 E LAKE MARY BLVD
    SANFORD,FL32773     		2021-01-26 639,005 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 639,005 NONE 8/17/2022 2022-08-18 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION
          		111 LIBRARY NE
    GRAND RAPIDS,MI49503     		2021-01-21 2,272,935 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 2,272,935 NONE 8/15/2022 2022-08-16 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.
    GREATER HOUSTON COMMUNITY FOUNDATION
          		5120 WOODWAY DRIVE SUITE 6000
    HOUSTON,TX77056     		2021-10-14 1,610,057 SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL 1,610,057 NONE 8/15/2022 2022-08-16 THE REPORT HAS BEEN REVIEWED BY XQ STAFF AND NO ISSUES HAVE BEEN IDENTIFIED.

    TY 2021 LegalFeesSchedule
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 1,121,417 0 0 1,088,624


    TY 2021 OtherAssetsSchedule
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART AND OTHER ASSETS 88,892 88,892 88,892
    EDUCATION BY DESIGN, LLC 800,181 800,181 800,181


    TY 2021 OtherExpensesSchedule
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CALL CENTER 0 0 0 4,400
    COMMUNITY TOUR AND EVENT PRODUCTION 1,115,844 0 0 1,106,830
    COMPUTERS, EQUIPMENT, NETWORK AND SOFTWARE 637,130 0 0 632,852
    EMPLOYEE RECRUITMENT & DEVELOPMENT 29,447 0 0 37,697
    INSURANCE 104,968 0 0 92,687
    OFFICE EXPENSE 457,622 0 0 460,264
    OTHER EXPENSES 142,984 0 0 112,902
    PAID MEDIA 317,193 0 0 317,193
    POSTAGE AND SHIPPING 24,391 0 0 24,391


    TY 2021 OtherIncomeSchedule2
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS REVENUE 24,495   24,495


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CAMPAIGNS & OUTREACH 2,631,975 0 0 2,663,553
    CONTENT & PRODUCT DEVELOPMENT 7,731,890 0 0 7,639,447
    RESEARCH 1,347,504 0 0 1,067,742
    SCHOOL SUPPORT 2,410,862 0 0 2,598,122
    STRATEGIC DEVELOPMENT 909,215 0 0 1,114,870
    PRODUCTION 192,539 0 0 192,539


    TY 2021 TaxesSchedule
    Name:
    XQ INSTITUTE
    EIN:
    47-4422640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BUSINESS TAXES 1,310 0 0 1,310