Overview
What is The Schott Foundation For Public Education?
The Schott Foundation for Public Education is a charitable organization based in Cambridge, Massachusetts. Established with the mission to exclusively operate for charitable and educational purposes under Code Section 501(C)(3), the foundation aims to develop and strengthen a diverse movement for high-quality, fully-resourced pre-K to 12 public education. By engaging in various lawful activities, the foundation supports this objective, with a notable focus on increasing philanthropic resources to the Opportunity to Learn Network and employing a race and gender lens in its grantmaking strategy. Additionally, the foundation offers advocacy and operations technical assistance to national education justice networks. The corporation's workforce consists of 18 dedicated individuals.
Official website here: www.schottfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating from Charity Navigator)
The Schott Foundation For Public Education has earned a commendable Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance alongside a solid performance in culture and community. The overall score of 91% indicates strong transparency and the effective management of financial resources, with an accountability & finance score of 92.
The foundation's commitment to addressing educational equity is underscored by its implementation of six equity practices. This focus showcases their dedication to fostering an inclusive educational environment and supporting marginalized communities in accessing quality education.
However, while the foundation has a good culture & community score of 83, there may be areas for improvement in engaging with and enhancing the community aspect of their operations. Feedback suggests that continued efforts could further strengthen their impact and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is The Schott Foundation For Public Education legitimate?
The Schott Foundation For Public Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Schott Foundation For Public Education 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: $1,178,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,756,822
For more financial information, click here
Official website here: www.schottfoundation.org
What is the mission statement of The Schott Foundation For Public Education?
The Schott Foundation For Public Education is a charitable organization committed to educational purposes under section 501(c)(3). Its primary goal is to develop and foster a broad-based and inclusive movement to achieve fully funded and high-quality Pre K-12 public education. The foundation engages in various lawful activities in pursuit of this objective, including advocacy, strengthening the education system, and providing support for charitable and educational initiatives. It aims to make a significant impact on public education, expanding opportunities for students and ensuring they receive a well-rounded education. The foundation's mission is to create lasting change and ensure all students have access to the education they deserve.
Official website here: www.schottfoundation.org
Who is the CEO of The Schott Foundation For Public Education?
John H Jackson is the CEO of The Schott Foundation For Public Education The CEO's salary of The Schott Foundation For Public Education is $451,900 and their total compensation is $491,131.
Official website here: www.schottfoundation.org
What is the revenue of The Schott Foundation For Public Education?
The Schott Foundation For Public Education's revenue in 2024 was $7,430,831.
Official website here: www.schottfoundation.org
Who are the executives of The Schott Foundation For Public Education and what are their salaries?
The average compensation at The Schott Foundation For Public Education during 2024 was $133,434. There are 22 employees and 14 volunteers at The Schott Foundation For Public Education.
Here are 23 key members and their salaries (The Schott Foundation For Public Education's CEO's salary is $451,900 and their total compensation is $491,131):
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- Compensation: $451,900
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- Other: $39,231
- Compensation: $258,848
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- Other: $28,272
- Compensation: $192,175
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- Other: $18,831
- Compensation: $157,790
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- Compensation: $141,508
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- Other: $17,487
- Compensation: $154,136
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- Other: $1,952
- Compensation: $153,867
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- Other: $16,945
- Compensation: $143,969
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- Other: $15,620
- Compensation: $121,118
- Related: $0
- Other: $7,657
Official website here: www.schottfoundation.org
Where can I find the form 990 for The Schott Foundation For Public Education?
The Schott Foundation For Public Education's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.schottfoundation.org
Learn more at the official website: www.schottfoundation.org
Mission Statement of The Schott Foundation For Public Education
The Schott Foundation for Public Education is a charitable organization dedicated to operating exclusively for educational purposes under section 501(c)(3) of the Internal Revenue Code. Its primary goal is to develop and strengthen a broad-based and representative movement that strives for fully resourced, quality Pre K-12 public education. The Foundation's mission is multifaceted.
First and foremost, The Schott Foundation for Public Education is committed to charitable and educational pursuits, aiming to make a significant impact on Pre K-12 public education. In doing so, it seeks to engage in various legal activities that further this objective, all while adhering to the restrictions outlined in its articles of organization.
Moreover, the Foundation plays a pivotal role in fostering a diverse and inclusive movement to enhance the quality of public education. By developing and strengthening this movement, it aims to ensure that every student receives the fully resourced education they deserve. The Foundation's efforts are not limited to this scope, as it also participates in any other lawful activities that align with its charitable and educational mission.
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Impact
October, 2024
The Schott Foundation For Public Education has significantly impacted the educational landscape by promoting access to quality pre K-12 public education. Its initiatives focus on ensuring that racial and socio-economic factors do not dictate educational resource access or outcomes. Through the Opportunity to Learn philanthropic strategy, the foundation drives accountability in resource distribution and strategically increases philanthropic resources for education justice.
By employing a race and gender lens in its grantmaking, the Schott Foundation works to empower grassroots movements and advocates in the education sector. This enables the creation of a broad-based coalition aimed at transforming education systems to be more equitable and adequately resourced. The foundation's commitment to building the capacity of the education justice movement ensures that marginalized communities have a voice and the necessary tools to advocate for change.
Moreover, the Schott Foundation provides advocacy and operational technical assistance, which strengthens national education networks dedicated to achieving educational equity. Overall, its efforts foster a more just educational environment, influencing policies and practices that enable all students to have access to high-quality education, regardless of their background.
This information is meant to be a general summary of The Schott Foundation For Public Education. 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 2024.
- Investment Income: $488,927
- Gross Receipts: $10,409,688
Assets and Liabilities:
- Total Assets: $22,732,419
- Total Liabilities: $536,603
- Net Assets: $22,195,816
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Organization Details
Founding Year
1999
Principal Officer
John H Jackson
Website
www.schottfoundation.orgNTEE Category
Code: B112 - Education
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