Overview
What is The Fund For Public Schools Inc?
The Fund for Public Schools Inc, situated in New York City, serves as a crucial bridge between the philanthropic community and the New York City Department of Education. By facilitating partnerships, grants, and other forms of support, this nonprofit organization accelerates innovative projects and outcomes-driven initiatives within the NYC public school system. Dedicated to enhancing New York City's public schools, The Fund for Public Schools receives private, philanthropic investment from various sources, enabling it to respond swiftly and strategically to emerging needs across the school system. With a team of eight employees, the organization plays a pivotal role in strengthening the educational landscape of New York City.
Official website here: www.fundforpublicschools.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90%
The Fund For Public Schools Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a robust overall score of 90%. This rating indicates strong accountability and financial health, showcasing the organization's commitment to effective management and transparency. With a significant emphasis on independent governance, the organization has a board comprising 100% independent members, ensuring unbiased decision-making.
Key strengths highlighted include a high program expense ratio of nearly 95%, which illustrates that the majority of its funds are directed towards programs rather than administrative costs. Additionally, the organization's fundraising efficiency ratio is particularly impressive, indicating that it raises a substantial amount of funds while incurring minimal costs in fundraising efforts. Furthermore, no material diversions of assets have been reported, enhancing its credibility and reliability.
While the data reflects a strong performance, it is essential to consider that ratings are based on available metrics and may evolve over time. Overall, The Fund For Public Schools Inc demonstrates a strong capacity for managing resources effectively and fulfilling its mission in support of public education.
This AI summary has been generated from information found on Charity Navigator.
Is The Fund For Public Schools Inc legitimate?
The Fund For Public Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Public Schools Inc 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: $829,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $551,774
For more financial information, click here
Official website here: www.fundforpublicschools.org
What is the mission statement of The Fund For Public Schools Inc?
The Fund For Public Schools Inc is committed to backing New York City's public schools with private, philanthropic investments from various sources, including foundations, individuals, businesses, and other charitable partners. Through facilitating partnerships, grants, and other forms of support between the philanthropic community and the NYC Department of Education, this organization accelerates promising initiatives and responds quickly to emerging needs within the public school system. By piloting innovative projects and providing strategic and outcome-driven funding, The Fund For Public Schools Inc plays a crucial role in enhancing the educational experience for students in New York City.
Official website here: www.fundforpublicschools.org
Who is the CEO of The Fund For Public Schools Inc?
Alvin Sinckler is the Chairman From 7/1/21-12/31/21 of The Fund For Public Schools Inc. The CEO's salary of The Fund For Public Schools Inc is $253,519 and their total compensation is $279,128.
Official website here: www.fundforpublicschools.org
What is the revenue of The Fund For Public Schools Inc?
The Fund For Public Schools Inc's revenue in 2022 was $13,679,524.
Official website here: www.fundforpublicschools.org
Who are the executives of The Fund For Public Schools Inc and what are their salaries?
The average compensation at The Fund For Public Schools Inc during 2022 was $172,703. There are 8 employees at The Fund For Public Schools Inc.
Here are 15 key members and their salaries (The Fund For Public Schools Inc's CEO's salary is $253,519 and their total compensation is $279,128):
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- Compensation: $141,939
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- Other: $17,710
- Compensation: $162,252
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- Other: $19,235
- Compensation: $171,506
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- Other: $19,921
- Compensation: $253,519
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- Other: $25,609
- Compensation: $133,858
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- Other: $15,865
- Compensation: $113,733
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- Other: $15,135
Official website here: www.fundforpublicschools.org
Where can I find the form 990 for The Fund For Public Schools Inc?
The Fund For Public Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fundforpublicschools.org
Learn more at the official website: www.fundforpublicschools.org
Mission Statement of The Fund For Public Schools Inc
The Fund for Public Schools Inc, a dedicated organization, focuses on bolstering New York City's public schools with the assistance of private, philanthropic investments from various sources including foundations, individuals, businesses, and other charitable partners. By facilitating partnerships, grants, and other forms of support between the philanthropic community and the NYC Department of Education, this esteemed institution enables the implementation of innovative projects, accelerates promising, outcome-driven initiatives, and responds swiftly and strategically to emerging needs across the vast NYC public school system. By bridging the gap between public resources and private funding, The Fund for Public Schools Inc plays a crucial role in enhancing the educational experiences of students within New York City's public schools.
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Impact
October, 2024
The Fund For Public Schools Inc significantly enhances the quality and effectiveness of New York City's public schools through strategic partnerships and financial investments. By facilitating collaboration between the philanthropic community and the NYC Department of Education, the organization drives innovation and supports initiatives that address critical educational needs.
It plays a vital role in piloting new projects that have the potential to improve student outcomes and elevate educational standards across the school system. Through grants and other forms of support, The Fund responds swiftly to emerging challenges, ensuring that resources are allocated where they are most needed.
Ultimately, its impact lies in fostering a more dynamic educational environment that encourages promising practices, nurtures talent, and provides vital resources that enhance the overall learning experience for students in New York City.
This information is meant to be a general summary of The Fund For Public Schools Inc. 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 2022.
- Investment Income: $572,328
- Gross Receipts: $13,888,383
Assets and Liabilities:
- Total Assets: $50,194,104
- Total Liabilities: $13,138,330
- Net Assets: $37,055,774
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Organization Details
Founding Year
1982
Phone
(212) 374-2874Principal Officer
Alvin Sinckler
Main Address
52 CHAMBERS STREET ROOM 305, NEW YORK, NY, 10007
Website
www.fundforpublicschools.orgNTEE Category
Code: B12 - Education
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