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TY 2020 ExpenditureResponsibilityStmt
Name:
JACK KENT COOKE FOUNDATION
EIN:
54-1896244
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
HIGH PERFORMANCE LEARNING LLC (HPL)
 
10865 RANCHO BERNARDO RD SUITE 100
SAN DIEGO,CA92127
2019-02-21 600,000 FUND THE OPENING AND OPERATION OF THREE ART OF PROBLEM SOLVING ACADEMY LEARNING CENTERS AND PROVIDE SCHOLARSHIPS FOR HIGH PERFORMING MATH STUDENTS WITH FINANCIAL NEED TO ACCESS THE CURRICULUM. 600,000 NONE 12/22/2019; 7/11/2020; 12/28/2020; 1/19/2021; 2/2/2021; 4/25/2021; 7/23/2021 2021-07-23 HPL SUBMITTED SEMI-ANNUAL REPORTS OF PROGRAM IMPACT, INCLUDING A FINAL REPORT THROUGH JUNE 30, 2021. HPL ALSO SUBMITTED QUARTERLY FINANCIAL REPORTS THROUGH MARCH 31, 2021 REFLECTING THE LIABILITY FOR THIS PRI AND CONFIRMING THAT FUNDS WERE USED FOR CENTER OPENINGS, OPERATION, AND SCHOLARSHIPS FOR HIGH PERFORMING MATH STUDENTS WITH FINANCIAL NEED. HPL IS IN COMPLIANCE WITH THE PRI TERMS AND REPAYMENT SCHEDULE. THE OUTSTANDING PRI LOAN BALANCE OF $381,780 AT 5/31/2021 WAS PAID IN FULL ON 6/29/2021.
SIXUP LENDING LLC
 
230 CALIFORNIA STREET SUITE 600
SAN FRANCISCO,CA94111
2018-02-14 750,000 PROVIDE HIGH-ACHIEVING STUDENTS WITH FINANCIAL NEED ACCESS TO AFFORDABLE STUDENT LOANS. 750,000 NONE FINAL MATERIALS RELATED TO STUDENT LOAN FORGIVEMENTS RECEIVED JULY 29, 2021 2021-07-29 THE PRI OBLIGATION TO THE FILING ORGANIZATION WAS RELEASED BY AMENDING THE LOAN AGREEMENT, WHICH NOW STIPULATES THAT THE GRANTEE WOULD SATISFY THE TERMS OF THE PRI LOAN VIA STUDENT LOAN DEBT FORGIVENESS. CANCELLATION OF THE STUDENT DEBT BY THE PRI RECIPIENT HAS BEEN FINALIZED AND THE PRI OBLIGATION HAS BEEN FULFILLED.