nonprofit logo

Milton Foundation For Educationinc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043307338 ✦ Milton, MA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Milton Foundation For Educationinc?

The Milton Foundation for Educationinc is a charitable organization situated in Milton, Massachusetts. Its primary mission is to enhance educational opportunities within the local public schools by granting financial aid. This support encourages academic excellence through creative learning, fosters community-school partnerships, and contributes funds to the schools for these purposes. The foundation's activities are centered around raising funds to provide additional aid and assistance to the Milton, MA public schools.


Official website here: www.miltonfoundationforeducation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

The Milton Foundation For Educationinc has earned a strong rating of 90%, reflecting its commitment to accountability and finance. This rating is significant as it indicates that the organization effectively manages its resources, ensuring that a substantial portion of its funding is directed towards its programs rather than administrative costs. The charity's program expense ratio stands at an impressive 77.12%, which means that a majority of its expenditures support its educational initiatives.

Strengths of the organization include a fully independent board comprised of 19 members, with no material diversion of assets reported. The foundation has solid governance practices in place, such as having a conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining transparency and trust within the organization. Additionally, the foundation documents its board meeting minutes, contributing to its overall accountability.

Despite its strengths, the summary does not highlight any specific limitations or challenges faced by the Milton Foundation For Educationinc. Overall, the charity's high rating reflects positively on its operations and governance practices, making it a trustworthy option for donors looking to support educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Milton Foundation For Educationinc legitimate?

Milton Foundation For Educationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milton Foundation For Educationinc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.miltonfoundationforeducation.org

What is the mission statement of Milton Foundation For Educationinc?

The Milton Foundation for Educationinc is committed to raising funds to provide additional support and aid to educational institutions. By generating and distributing financial grants, this organization enhances the quality of educational opportunities. The foundation encourages excellence through creative learning, promotes community-school partnerships, and supports the schools financially to facilitate student development. Its primary goal is to foster a conducive learning environment where students can thrive and reach their full potential.


Official website here: www.miltonfoundationforeducation.org

Who is the CEO of Milton Foundation For Educationinc?

Geraldine Sutter is the President of Milton Foundation For Educationinc.


Official website here: www.miltonfoundationforeducation.org

What is the revenue of Milton Foundation For Educationinc?

Milton Foundation For Educationinc's revenue in 2022 was $138,175.


Official website here: www.miltonfoundationforeducation.org

Who are the executives of Milton Foundation For Educationinc and what are their salaries?


Here are 5 key members and their salaries:


Katherine Dobin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy New (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Sambrano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Spinale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geraldine Sutter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.miltonfoundationforeducation.org

Where can I find the form 990 for Milton Foundation For Educationinc?

Milton Foundation For Educationinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.miltonfoundationforeducation.org

Learn more at the official website: www.miltonfoundationforeducation.org

Mission Statement of Milton Foundation For Educationinc

The Milton Foundation for Educationinc is dedicated to raising funds to provide additional support and aid to the public schools in Milton, Massachusetts. Their mission is to enhance the quality of educational opportunities by generating and distributing financial grants. These grants facilitate student development, encourage excellence through creative learning, and promote community-school partnerships. The foundation's primary goal is to raise funds and distribute them to the schools, thereby fostering an environment that encourages students to reach their full potential.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Milton Foundation For Educationinc positively impacts the Milton, MA public schools by raising funds that enhance educational opportunities for students. Through financial grants, the foundation facilitates student development, encourages excellence via creative learning, and promotes partnerships between the community and schools. This support allows educators to implement innovative programs and resources that enrich the learning environment, ultimately benefiting the entire student body. By fostering collaboration and providing essential financial backing, the foundation plays a crucial role in elevating the quality of education within the Milton community.




This information is meant to be a general summary of Milton Foundation For Educationinc. 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.

Revenue
$138,175 (2022)
Expenses
$132,063 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,044
  • Gross Receipts: $187,454

Assets and Liabilities:

  • Total Assets: $743,698
  • Total Liabilities: $109,356
  • Net Assets: $634,342

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1995

Principal Officer

Geraldine Sutter

Main Address

PO BOX 223, MILTON, MA, 02186

NTEE Category

Code: B99 - Education

If you are a representative of Milton Foundation For Educationinc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.