Overview
What is Brookline Education Foundation?
The Brookline Education Foundation is a dedicated nonprofit organization situated in Brookline, Massachusetts. Its primary mission is to preserve the town's commitment to excellence in public education by raising private funds. These funds are allocated towards supporting innovative teaching, administrative leadership, professional development, and community participation in schools. The foundation collaborates closely with the Brookline School Department to identify needs and opportunities, aiming to make a positive impact on both students and teachers. The foundation's activities primarily focus on funding professional development activities for teachers and administrators, contributing to system-wide initiatives that enhance the overall educational system in Brookline.
Official website here: www.brooklinefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Brookline Education Foundation has achieved an impressive rating of 97%, indicating a strong performance in accountability and finance. This score is derived entirely from a single beacon focused on these aspects, highlighting the organization's commitment to transparency and effective financial management. The foundation has demonstrated excellence with a 100% independent board and has no reported material diversion of assets.
In terms of governance, the foundation has established robust policies, including conflict of interest and whistleblower policies, which contribute to its high evaluation. The board consists of a significant number of independent members, ensuring that decision-making is free from conflicts. Additionally, a low liabilities-to-assets ratio of 0.06% and a program expense ratio of 70.70% reflect a strong focus on using funds for programmatic purposes rather than administrative costs.
While the foundation's financial practices and governance are commendable, it is important for potential donors to consider the overall impact and outcomes of the programs funded by the Brookline Education Foundation. The high rating suggests a well-run organization, but the specifics of program effectiveness would need further exploration for a complete picture.
This AI summary has been generated from information found on Charity Navigator.
Is Brookline Education Foundation legitimate?
Brookline Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookline Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,000
For more financial information, click here
Official website here: www.brooklinefoundation.org
What is the mission statement of Brookline Education Foundation?
The Brookline Education Foundation, a nonprofit organization, is committed to preserving the quality of education in its community by raising funds. These funds are utilized to support innovative teaching methods, administrative leadership, professional development, and community participation in schools. The foundation's mission is to uphold the belief that strong public schools are essential for the community's quality of life and future well-being. It collaborates closely with the school department to identify needs and opportunities, aiming to make a difference in the lives of students and teachers. The supporters of the foundation include parents, citizens, and businesses who share this belief.
Official website here: www.brooklinefoundation.org
Who is the CEO of Brookline Education Foundation?
Elizabeth Ascoli is the President of Brookline Education Foundation.
Official website here: www.brooklinefoundation.org
What is the revenue of Brookline Education Foundation?
Brookline Education Foundation's revenue in 2023 was $472,255.
Official website here: www.brooklinefoundation.org
Who are the executives of Brookline Education Foundation and what are their salaries?
The average compensation at Brookline Education Foundation during 2023 was $62,000. There are 2 employees and 1 volunteer at Brookline Education Foundation.
Here are 28 key members and their salaries:
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- Compensation: $76,000
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Official website here: www.brooklinefoundation.org
Where can I find the form 990 for Brookline Education Foundation?
Brookline Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.brooklinefoundation.org
Learn more at the official website: www.brooklinefoundation.org
Mission Statement of Brookline Education Foundation
The Brookline Education Foundation, a nonprofit organization, is committed to preserving the quality of education in Brookline by raising funds for the support of the local public schools. Their mission is to distribute these funds to foster excellence and innovation in education within the town. The foundation believes in the importance of strong public schools for the quality of life and future well-being of the community. They achieve this by supporting innovative teaching methods, administrative leadership, professional development, and community participation in schools. The Brookline Education Foundation works closely with the Brookline School Department to identify needs and opportunities, aiming to make a difference in the lives of students and teachers. Supporters of the foundation include parents, citizens, and businesses who share this belief.
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Impact
July, 2024
The Brookline Education Foundation plays a significant role in preserving Brookline's commitment to excellence in public education by raising funds to support innovation and excellence in the town's public schools. The Foundation supports professional development activities for teachers and administrators, as well as system-wide initiatives that benefit the entire educational system. By working closely with the Brookline School Department and private donors, the Foundation actively contributes to improving the quality of education for students and teachers in the community.
This information is meant to be a general summary of Brookline Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $102,949
- Gross Receipts: $936,748
Assets and Liabilities:
- Total Assets: $2,836,318
- Total Liabilities: $1,808
- Net Assets: $2,834,510
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Organization Details
Founding Year
1981
Phone
(617) 232-3846Principal Officer
Elizabeth Ascoli
Main Address
PO BOX 470652 40 WEBSTER PLACE, BROOKLINE, MA, 024470652
Website
www.brooklinefoundation.orgNTEE Category
Code: B20J - Education
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