Overview
What is Lancaster Education Foundation?
The Lancaster Education Foundation, based at 445 N Reservoir Street, Lancaster, PA 17602, serves as a non-profit partner for the School District of Lancaster. Its primary purpose is to support the district's mission and programs, enhancing educational opportunities for its students through various initiatives. The foundation's mission is to promote teaching excellence and foster student success within the district. They achieve this by providing special programs, increasing the number of scholarships awarded, supporting dual enrollment opportunities, and strengthening the MCCaskey Alumni Network. With a dedicated team of 4 employees, the Lancaster Education Foundation actively contributes to the growth and success of its local school district's students and graduates.
Official website here: www.lancasteredfnd.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating. The Lancaster Education Foundation has received an overall score of 82%, indicating a solid performance in terms of accountability and finance, which scored an impressive 90%. The organization is led by a fully independent board, demonstrating a robust governance structure that is essential for effective nonprofit management.
The foundation excels in several financial metrics, including a strong program expense ratio of 65.72%, indicating that a significant portion of its budget is allocated directly to its programs. Additionally, there are no reported material diversions of assets, showcasing sound financial practices. However, there are some areas for improvement, such as the absence of a whistleblower policy and a document retention policy, which could enhance transparency and accountability.
In terms of culture and community, the foundation scored 77%, suggesting room for growth in engagement and outreach efforts. While the organization has implemented equity strategies effectively, there is potential for further development in fostering a stronger community presence. Overall, the Lancaster Education Foundation demonstrates strong financial health and governance but could benefit from addressing specific policy gaps to improve its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Lancaster Education Foundation legitimate?
Lancaster Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lancaster 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:
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Other Salaries and Wages: $112,688
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Official website here: www.lancasteredfnd.com
What is the mission statement of Lancaster Education Foundation?
The Lancaster Education Foundation's mission is to support teaching excellence and foster student success within the School District of Lancaster. To accomplish this, the foundation provides special programs that enhance educational opportunities for students, serves as a non-profit partner for district fundraising, increases the amount of scholarships awarded, supports and expands dual enrollment opportunities, and develops a robust alumni network to support the school district, its students, and its graduates.
Official website here: www.lancasteredfnd.com
Who is the CEO of Lancaster Education Foundation?
Christine Carrigan is the Treasurer of Lancaster Education Foundation.
Official website here: www.lancasteredfnd.com
What is the revenue of Lancaster Education Foundation?
Lancaster Education Foundation's revenue in 2023 was $654,911.
Official website here: www.lancasteredfnd.com
Who are the executives of Lancaster Education Foundation and what are their salaries?
The average compensation at Lancaster Education Foundation during 2023 was $28,172. There are 4 employees and 30 volunteers at Lancaster Education Foundation.
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Official website here: www.lancasteredfnd.com
Where can I find the form 990 for Lancaster Education Foundation?
Lancaster Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lancasteredfnd.com
Learn more at the official website: www.lancasteredfnd.com
Mission Statement of Lancaster Education Foundation
Lancaster Education Foundation, a non-profit organization, is committed to supporting teaching excellence and fostering student success within the School District of Lancaster. Its mission is to serve as a partner in district fundraising, aiming to increase the amount of scholarships awarded, strengthen dual enrollment opportunities, and develop a robust Mccaskey Alumni Network. This network is instrumental in providing ongoing support to the district's students and graduates. The foundation's primary purpose is to back the mission and programs of the schools within the School District of Lancaster, ultimately enhancing the education opportunities for its students.
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Impact
July, 2024
Lancaster Education Foundation enhances education opportunities for students in the School District of Lancaster by providing special programs, increasing scholarship amounts, supporting and increasing dual enrollment opportunities, and developing a robust alumni network in support of the district, its students, and its graduates. The foundation's impact is felt through its support for teaching excellence and student success in the district, ultimately benefitting the educational experience and outcomes of students in Lancaster.
This information is meant to be a general summary of Lancaster 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: $30,289
- Gross Receipts: $760,044
Assets and Liabilities:
- Total Assets: $1,985,027
- Total Liabilities: $875
- Net Assets: $1,984,152
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Organization Details
Founding Year
1989
Phone
(717) 391-8660Principal Officer
Christine Carrigan
Main Address
445 N RESERVOIR STREET, LANCASTER, PA, 17602
Website
www.lancasteredfnd.comNTEE Category
Code: B25I - Education
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