Overview
What is The Fund For The School District Of Philadelphia?
The Fund For The School District Of Philadelphia is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 30 South 17th Street, 19103. Its primary purpose is to encourage philanthropic contributions, creating a long-term financial resource for the School District of Philadelphia, its leaders, educators, and students. By supporting the school district, this organization aims to contribute to its overall growth and development. With a modest workforce of five individuals, it seeks to strengthen the educational system in Philadelphia, thereby positively impacting future generations.
Official website here: www.thefundsdp.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Fund For The School District Of Philadelphia has received an impressive 97% score, reflecting strong accountability and financial practices. This high rating indicates that the organization is effectively managing its resources and maintaining transparency, which is critical for donor trust and engagement. The assessment is based entirely on the Accountability & Finance beacon, showcasing a solid performance across various metrics.
Strengths of the organization include a fully independent board of ten members, robust audit and oversight practices, and a clear commitment to financial integrity. The charity has also demonstrated an excellent program expense ratio of 83.11%, indicating that a significant portion of its funds directly supports its mission. Additionally, its fundraising efficiency is noteworthy, with only $0.10 spent to raise a dollar, optimizing donor contributions.
While the organization appears to have a strong financial standing and governance framework, the summary does not highlight any limitations or areas for improvement. Overall, The Fund For The School District Of Philadelphia stands out as a well-managed nonprofit dedicated to supporting educational initiatives in its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Fund For The School District Of Philadelphia?
82% of 13 reviewers on Facebook recommend The Fund For The School District Of Philadelphia. Here is a summary of their reviews:
Many reviewers express appreciation for the commitment shown by the leadership towards the schools in Philadelphia. They acknowledge the positive impact of the initiative on education within the community, recognizing it as a valuable opportunity for local schools.
Overall, the sentiment indicates that individuals feel hopeful and supportive of the nonprofit's mission, highlighting the dedication to improving educational resources and opportunities for students in the area.
This AI summary has been generated from reviews found on Facebook.
Is The Fund For The School District Of Philadelphia legitimate?
The Fund For The School District Of Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For The School District Of Philadelphia 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: $240,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,011
For more financial information, click here
Official website here: www.thefundsdp.org
What is the mission statement of The Fund For The School District Of Philadelphia?
The Fund for the School District of Philadelphia's mission is centered around supporting the School District of Philadelphia. Specifically, its goal is to facilitate philanthropic contributions, creating a permanent source of funding for the district's leaders, teachers, and students. This organization aims to strengthen the educational system by providing a continuous source of charitable capital, thereby enhancing the overall educational experience for the students.
Official website here: www.thefundsdp.org
Who is the CEO of The Fund For The School District Of Philadelphia?
Edward Zimmerman is the Ceo, Former of The Fund For The School District Of Philadelphia. The CEO's salary of The Fund For The School District Of Philadelphia is $171,617 and their total compensation is $202,645.
Official website here: www.thefundsdp.org
What is the revenue of The Fund For The School District Of Philadelphia?
The Fund For The School District Of Philadelphia's revenue in 2022 was $5,270,828.
Official website here: www.thefundsdp.org
Who are the executives of The Fund For The School District Of Philadelphia and what are their salaries?
The average compensation at The Fund For The School District Of Philadelphia during 2022 was $123,757. There are 5 employees and 11 volunteers at The Fund For The School District Of Philadelphia.
Here are 20 key members and their salaries (The Fund For The School District Of Philadelphia's CEO's salary is $171,617 and their total compensation is $202,645):
- Compensation: $171,617
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- Other: $31,028
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- Compensation: $130,716
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- Other: $15,155
Official website here: www.thefundsdp.org
Where can I find the form 990 for The Fund For The School District Of Philadelphia?
The Fund For The School District Of Philadelphia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefundsdp.org
Learn more at the official website: www.thefundsdp.org
Mission Statement of The Fund For The School District Of Philadelphia
The Fund for the School District of Philadelphia is an organization committed to supporting the School District of Philadelphia. Its mission is geared towards facilitating philanthropic contributions, aiming to create a perpetual source of capital for the district's leaders, teachers, and students. This philanthropic endeavor seeks to strengthen the educational system by providing financial support, thereby fostering a conducive learning environment for the students and empowering the educational institution as a whole.
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Impact
October, 2024
The Fund For The School District Of Philadelphia significantly enhances educational opportunities within the district by facilitating individual and organizational giving. This support creates a permanent source of philanthropic capital that directly benefits students, teachers, and educational leaders. Through its efforts, the fund helps to address funding gaps, enabling innovative programs, resources, and initiatives that contribute to a more equitable and robust educational environment in Philadelphia. The impact is felt in improved educational outcomes, enhanced teacher support, and enriched student experiences across the district.
This information is meant to be a general summary of The Fund For The School District Of Philadelphia. 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: $10,134
- Gross Receipts: $5,270,828
Assets and Liabilities:
- Total Assets: $9,139,562
- Total Liabilities: $341,328
- Net Assets: $8,798,234
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Organization Details
Founding Year
2003
Phone
(215) 979-7101Principal Officer
Edward Zimmerman
Main Address
30 SOUTH 17TH STREET, PHILADELPHIA, PA, 19103
Website
www.thefundsdp.orgNTEE Category
Code: T30 - Philanthropy
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