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 07-01-2021 , and ending 06-30-2022
Name of foundation
CARNEGIE FOUNDATION FOR THE
ADVANCEMENT OF TEACHING
Number and street (or P.O. box number if mail is not delivered to street address)51 VISTA LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
STANFORD, CA94305
A Employer identification number

13-1623924
B Telephone number (see instructions)

(650) 566-5100
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$131,360,777J 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) 9,676,490
2 Check bullet.............
3 Interest on savings and temporary cash investments 17,018 17,018 17,018
4 Dividends and interest from securities... 2,346,891 2,346,891 2,346,891
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 3,918,060
b Gross sales price for all assets on line 6a 14,855,292
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 4,363
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... Click to see attachment 4,363 4,363
11 Other income (attach schedule)....... Click to see attachment 4,188,383 13,032 4,188,383
12 Total. Add lines 1 through 11........ 20,151,205 2,376,941 6,556,655
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 2,036,455     2,036,455
14 Other employee salaries and wages...... 4,928,158     4,928,158
15 Pension plans, employee benefits....... 2,427,256     2,427,256
16a Legal fees (attach schedule)......... Click to see attachment 24,442     24,442
b Accounting fees (attach schedule)....... Click to see attachment 76,273     76,273
c Other professional fees (attach schedule).... Click to see attachment 1,560,903 172,941   1,387,962
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 629,866    
20 Occupancy.............. 358,552     358,552
21 Travel, conferences, and meetings....... 1,137,392     1,137,392
22 Printing and publications.......... 23,668     23,668
23 Other expenses (attach schedule)....... Click to see attachment 896,757     896,757
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,099,722 172,941   13,296,915
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 14,099,722 172,941   13,296,915
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,051,483
b Net investment income (if negative, enter -0-) 2,204,000
c Adjusted net income (if negative, enter -0-)... 6,556,655
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............. 2,598,640 1,164,400 1,164,400
2 Savings and temporary cash investments......... 5,556,845 13,231,943 13,231,943
3 Accounts receivable bullet1,148,617
Less: allowance for doubtful accounts bullet   928,829 1,148,617 1,148,617
4 Pledges receivable bullet200,000
Less: allowance for doubtful accounts bullet   728,100 200,000 200,000
5 Grants receivable.................      
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.......... 124,534 154,700 154,700
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).......... 128,902,511 Click to see attachment104,573,003 104,573,003
14 Land, buildings, and equipment: basis bullet16,785,711
Less: accumulated depreciation (attach schedule) bullet6,577,018 10,806,225 Click to see attachment10,208,693 10,208,693
15 Other assets (describe bullet) Click to see attachment619,377 Click to see attachment679,421 Click to see attachment679,421
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 150,265,061 131,360,777 131,360,777
Liabilities 17 Accounts payable and accrued expenses.......... 1,722,445 1,692,258
18 Grants payable.................    
19 Deferred revenue................. 82,486 78,799
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment2,392,855 Click to see attachment2,523,278
23 Total liabilities (add lines 17 through 22)......... 4,197,786 4,294,335
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........... 12,736,320 13,439,259
25 Net assets with donor restrictions............ 133,330,955 113,627,183
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)..... 146,067,275 127,066,442
30 Total liabilities and net assets/fund balances (see instructions). 150,265,061 131,360,777
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
146,067,275
2
Enter amount from Part I, line 27a .....................
2
6,051,483
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
39,293
4
Add lines 1, 2, and 3 ..........................
4
152,158,051
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
25,091,609
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
127,066,442
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: 1986-02-26(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  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 addressbulletWWW.CARNEGIEFOUNDATION.ORG
    14
    The books are in care ofbulletDOUGLAS MIHOK Telephone no.bullet (650) 566-5100

    Located atbullet51 VISTA LANESTANFORDCA ZIP+4bullet94305
    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)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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
     
     
    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
     
     
    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)
     
    No
    (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
     
     
    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
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    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
    DIANE TAVENNER BOARD CHAIR
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    THEODORE QUINN VICE CHAIR
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    ANDRES ANTONIO ALONSO BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    ODILE DISCH-BHADKAMKAR BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    ANDREW HO BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    ROBERT HUGHES BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    HAYAGREEVA RAO BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    SONJA SANTELISES BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    MARCELO SUAREZ-OROZCO BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    YO YO MA BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    LILLIAN LOWERY - OUTGOING BOARD CHAIR
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    SHARON ROBINSON - OUTGOING BOARD MEMBER
    1.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    TIMOTHY KNOWLES PRESIDENT
    40.00     		730,635 13,009 0
    51 VISTA LANE
    STANFORD,CA94305
    PAUL LEMAHIEU SR VICE PRES
    40.00     		320,008 74,868 0
    51 VISTA LANE
    STANFORD,CA94305
    DOUGLAS MIHOK TREASURER
    40.00     		172,124 54,053 0
    51 VISTA LANE
    STANFORD,CA94305
    KEICY TOLBERT - CHIEF OF STAFF
    40.00     		126,313 36,820 0
    51 VISTA LANE
    STANFORD,CA94305
    CHARLES WRIGHT - VP OF STRATEGY AND FINANCE
    40.00     		217,498 21,728 0
    51 VISTA LANE
    STANFORD,CA94305
    JEAN RIVERS - OUTGOING CHIEF OPERATING OF
    40.00     		0 0 0
    51 VISTA LANE
    STANFORD,CA94305
    ASH VASUDEVA SR VICE PRES
    40.00     		296,744 40,386 0
    51 VISTA LANE
    STANFORD,CA94305
    ANTHONY BRYK - OUTGOING PAST PRESIDE
    40.00     		173,133 76,670 0
    51 VISTA LANE
    STANFORD,CA94305
    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
    OUAJDI MANAI SENIOR ASSOC
    40.00     		199,989 40,070  
    51 VISTA LANE
    STANFORD,CA94305
    MANUELITO BIAG SENIOR ASSOC
    40.00     		168,667 52,225  
    51 VISTA LANE
    STANFORD,CA94305
    STEVE GIUSTI - DIR OF INFORMATION TECHNOLOGY
    40.00     		169,935 50,870  
    51 VISTA LANE
    STANFORD,CA94305
    JON NORMAN SENIOR ASSOC
    40.00     		160,300 54,561  
    51 VISTA LANE
    STANFORD,CA94305
    PATRICE DAWKINS-JACKSON SENIOR ASSOC
    40.00     		155,482 36,947  
    51 VISTA LANE
    STANFORD,CA94305
    Total number of other employees paid over $50,000...................bullet 36
    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
    CARVER AND COMPANY ED CONSULTING 257,500
    43 COMMERCIAL WHARF 9
    BOSTON,MA02110
    DAVID SILVER ED CONSULTING 87,200
    5410 DUVALL DRIVE
    BETHESDA,MD20816
    KENDALL PREBOLA & JONES LLC ACCOUNTING 84,105
    133 MANN STREET PO BOX 259
    BEDFORD,PA15522
    LOUIS GOMEZ ED CONSULTING 67,500
    333 MARBLE FALLS STREET
    LAS VEGAS,NV89138
    SHARON GREENBERG INC CONSULTING 63,750
    1451 BELMONT ST NW 104
    WASHINGTON,DC20009
    Total number of others receiving over $50,000 for professional services.............bullet2
    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 IMPROVEMENT SCIENCE FIELD BUILDING WE ADVANCE THE HIGH-QUALITY USE OF IMPROVEMENT SCIENCE TO ADDRESS THE NATION'S LARGEST EDUCATIONAL EQUITY CHALLENGES BY GROWING AND STRENGTHENING THE IMPROVEMENT COMMUNITY ACROSS THE GLOBE. 3,395,719
    2 NEW STRATEGIC PRIORITIES THE FOUNDATION IS FOCUSED ON THREE NEW STRATEGIC PRIORITIES: FUTURE OF LEARNING: WE DESIGN AND ELEVATE ENGAGING AND RIGOROUS LEARNING EXPERIENCES THAT PREPARE ALL STUDENTS TO THRIVE NOW AND IN THE FUTURE. ATTAINMENT: WE INCREASE THE NUMBER OF UNDERREPRESENTED STUDENTS WHO COMPLETE HIGH SCHOOL AND SUCCEED IN POST- SECONDARY. POST SECONDARY INNOVATION: WE TRANSFORM THE POSTSECONDARY SECTOR TO ADVANCE THE SOCIAL AND ECONOMIC MOBILITY OF UNDERREPRESENTED STUDENTS. 1,880,330
    3 IMPROVEMENT SCIENCE RESEARCH AND DEVELOPMENT WE LEVERAGE IMPROVEMENT SCIENCE AND NETWORKED IMPROVEMENT COMMUNITIES WITH OUR PARTNERS TO MAKE PROGRESS ON THE MOST PERSISTENT EDUCATIONAL EQUITY ISSUES FACING COMMUNITIES. SIMULTANEOUSLY, WE SUPPORT WIDESPREAD, EFFECTIVE USE OF IMPROVEMENT AND NETWORKS BY INCREASING ACCESS TO LEARNING EXPERIENCES, RESOURCES AND TOOLS. ULTIMATELY, WE BUILD EVIDENCE THAT IMPROVEMENT SCIENCE GENERATES RESULTS FOR YOUNG PEOPLE AND DEEPEN THE KNOWLEDGE BASE TO ENABLE LARGE-SCALE, EQUITABLE IMPROVEMENT. 1,859,267
    4 PROFESSIONAL EDUCATION OFFERINGS AND TOOLS THE CARNEGIE FOUNDATION'S PROFESSIONAL LEARNING OPPORTUNITIES ARE STRUCTURED TO HELP EDUCATION PROFESSIONALS DEVELOP A DEEP AND ACTION-ORIENTED UNDERSTANDING OF NETWORKED IMPROVEMENT SCIENCE. NETWORKED IMPROVEMENT SCIENCE BRINGS TOGETHER TWO POWERFUL WAYS OF ORGANIZING IMPROVEMENT EFFORTS-IMPROVEMENT SCIENCE AND NETWORKED COMMUNITIES-TO ADDRESS THE EQUITY CHALLENGES IN OUR EDUCATIONAL ORGANIZATIONS. 990,155
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    116,737,757
    b
    Average of monthly cash balances.......................
    1b
    11,275,914
    c
    Fair market value of all other assets (see instructions)................
    1c
    834,121
    d
    Total (add lines 1a, b, and c).........................
    1d
    128,847,792
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    128,847,792
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,932,717
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    126,915,075
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,345,754
    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$ 13,296,915
    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 13,296,915
    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 13,296,915
    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
    1986-02-26
    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
    6,345,754 5,788,752 5,430,536 5,403,832 22,968,874
    b 85% (0.85) of line 2a ......... 5,393,891 4,920,439 4,615,956 4,593,257 19,523,543
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		13,296,915 9,467,631 12,726,905 13,711,871 49,203,322
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		13,296,915 9,467,631 12,726,905 13,711,871 49,203,322
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		4,230,503 4,094,231 3,620,357 3,602,555 15,547,646
    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) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    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).)
    NONE
    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.
    NONE
    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
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    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 17,018  
    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 ............     		        3,918,060
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory     1 4,363  
    11 Other revenue:
    aPENSION FORFEITURES     		        23,255
    bLAWSUIT - CLASS ACTION SUIT         575
    cLIFE INSURANCE PROCEEDS         300,000
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   2,381,304 8,093,411
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,474,715
    (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.)
    1A CONTRACTS PROVIDE RESOURCES TO RESEARCH AND SUPPORT EDUCATION TRANSFORMATION
    1B REGISTRATION FEES ARE RECEIVED TO CONVENE MEETINGS FOR EDUCATORS ACROSS AMERICA TO EXCHANGE IDEAS RELATED TO VARIOUS EDUCATION TOPICS
    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
    CARNEGIE FOUNDATION FOR THE
    ADVANCEMENT OF TEACHING
    Employer identification number

    13-1623924
    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
    CARNEGIE FOUNDATION FOR THE
    ADVANCEMENT OF TEACHING         		Employer identification number
    13-1623924
    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
    CARNEGIE CORPORATION OF NEW YORK
    437 MADISON AVENUE
     
    NEW YORK, NY10022

    		$ 575,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    FUNDACION EDUCACIONAL OPORTUNIDAD
    PADRE MARIANO 181 PISO 11
     
    PROVIDENCIA CHILE, SANTIAGO   CI

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
    THE JOYCE FOUNDATION
    321 NORTH CLARK STREET SUITE 1500
     
    CHICAGO, IL60654

    		$ 400,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    WILLIAM FLORA HEWLETT FOUNDATION
    2121 SAND HILL RD
     
    MENLO PARK, CA94025

    		$ 46,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    NEW VISIONS FOR PUBLIC SCHOOLS INC
    205 EAST 42ND ST
     
    NEW YORK, NY10017

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
    XQ INSTITUTE
    248 3RD STREET 319
     
    OAKLAND, CA94607

    		$ 7,000,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    CARNEGIE FOUNDATION FOR THE
    ADVANCEMENT OF TEACHING         		Employer identification number
    13-1623924
    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
    3
    SMALL BUSINESS ADMINISTRATION
    409 3RD STREET SW
     
    WASHINGTON, DC20416

    		$ 678,990


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    AMERICAN FEDERATION OF TEACHERS
    555 NEW JERSEY AVE NW
     
    WASHINGTON, DC20001

    		$ 6,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
    PIVOT LEARNING
    1300 CLAY ST
     
    OAKLAND, CA94612

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    SILICON VALLEY COMMUNITY FOUNDATION
    2440 WEST EL CAMINO REAL SUITE 300
     
    MOUNTAIN VIEW, CA94040

    		$ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    STUART FOUNDATION
    500 WASHINGTON ST FL 8
     
    SAN FRANCISCO, CA94111

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
    EMERSON COLLECTIVE
    2200 GRENG ROAD
     
    PALO ALTO, CA94303

    		$ 50,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    CARNEGIE FOUNDATION FOR THE
    ADVANCEMENT OF TEACHING         		Employer identification number
    13-1623924
    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
    5
    BILL AND MELINDA GATES FOUNDATION
    PO BOX 23350
     
    SEATTLE, WA98102

    		$ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    THE WALTON FAMILY FOUNDATION
    PO BOX 2030
     
    BENTONVILLE, AR72712

    		$ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    17
    HURON CONSULTING GROUP
    550 WEST VAN BUREN ST
     
    CHICAGO, IL60607

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    WEST ED
    730 HARRISON STREET
     
    SAN FRANCISCO, CA94107

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    THE NATIONAL EDUCATION ASSOCIATION
    1201 16TH ST NW
     
    WASHINGTON, DC20036

    		$ 50,000


    (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
    CARNEGIE FOUNDATION FOR THE
    ADVANCEMENT OF TEACHING         		Employer identification number

    13-1623924
    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
    CARNEGIE FOUNDATION FOR THE
    ADVANCEMENT OF TEACHING         		Employer identification number

    13-1623924
    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:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FINANCIAL AUDIT AND TAXES 76,273     76,273

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

    TY 2021 DepreciationSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DEPRECIATION     1,734,478     629,866      

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

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    CAPITAL GAINS & REALIZED GAINS   PURCHASE     14,855,292 10,937,232     3,918,060  

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DOMESTIC EQUITY MUTUAL FUNDS FMV 41,674,635 41,674,635
    INTERNATIONAL EQUITY MUTUAL FUNDS FMV 28,945,877 28,945,877
    LIMITED PARTNERSHIPS FMV 92,201 92,201
    BOND MUTUAL FUNDS FMV 33,860,290 33,860,290

    TY 2021 LandEtcSchedule2
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING AND IMPROVEMENTS 14,823,666 5,124,424 9,699,242 9,699,242
    COMPUTER EQUIPMENT 1,962,045 1,452,594 509,451 509,451


    TY 2021 LegalFeesSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING - LEGAL 24,442     24,442


    TY 2021 OtherAssetsSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 60,560 112,297 112,297
    INVESTMENT IN RETIREMENT ANNUITY 558,817 567,124 567,124


    TY 2021 OtherDecreasesSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 25,091,609


    TY 2021 OtherExpensesSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    TELEPHONE/COMMUNICATIONS 94,526     94,526
    INSURANCE 147,656     147,656
    OFFICE SUPPLIES 40,841     40,841
    EQUIPMENT - NON CAPITAL 89,138     89,138
    BANK AND PAYROLL FEES 49,089     49,089
    POSTAGE AND SHIPPING 6,749     6,749
    TRAINING 111,385     111,385
    MEMBERSHIP FEES 275,766     275,766
    BENEFIT ADMINISTRATION FEES 4,424     4,424
    EQUIPMENT LEASING AND RENTAL 5,160     5,160
    ADVERTISING 5,954     5,954
    SUBCONTRACTS 66,069     66,069


    TY 2021 OtherIncomeSchedule2
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CONTRACTS AND CONSULTING 1,973,291   1,973,291
    REGISTRATION & WORKSHOP FEES 1,878,230   1,878,230
    PUBLICATION ROYALTIES 13,032 13,032 13,032
    PENSION FORFEITURES 23,255   23,255
    LAWSUIT - CLASS ACTION SUIT 575   575
    LIFE INSURANCE PROCEEDS 300,000   300,000


    TY 2021 OtherIncreasesSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description Amount
    CHANGES OTHER THAN NET PERIODIC BENEFIT COST 39,293


    TY 2021 OtherLiabilitiesSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Description Beginning of Year - Book Value End of Year - Book Value
    POST EMPLOYMENT BENEFIT OBLIGATION 1,834,038 1,956,154
    RETIREMENT ANNUITY CONTRACTS 558,817 567,124


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TEMPORARY HELP 44,704     44,704
    BROKER INVESTMENT FEES 172,941 172,941    
    CONSULTANTS - OPERATIONS 70,243     70,243
    STIPENDS AND HONORARIA 27,350     27,350
    PROGRAM CONSULTANTS 1,245,665     1,245,665


    TY 2021 SalesOfInventoryList 
    Name:
    CARNEGIE FOUNDATION FOR THE
     
    ADVANCEMENT OF TEACHING
    EIN:
    13-1623924

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    SALE OF PUBLICATIONS 4,363   4,363