Overview
What is Pace School Endowment Fund?
The Pace School Endowment Fund is a trust established to manage and invest contributions exclusively for the benefit of the Pace School, a 501(c)(3) organization. Its primary purpose is to support various initiatives at the school, such as capital improvements, staff sabbaticals, scholarships for students, staff development, new educational programs, and enhancing existing programs. Additionally, the fund aims to improve employee benefit programs, reduce mortgage and other debts, and sustain or expand current programs. In essence, the Pace School Endowment Fund serves as a financial resource to bolster and enhance the academic and operational aspects of the Pace School.
Official website here: www.paceschool.org
Is Pace School Endowment Fund legitimate?
Pace School Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace School Endowment Fund 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.paceschool.org
What is the mission statement of Pace School Endowment Fund?
The Pace School Endowment Fund's mission is centered around investing and managing contributions for the benefit of Pace School, a tax-exempt organization. The fund aims to support various initiatives at Pace School, such as capital improvements, staff sabbaticals, scholarships for students, staff development, new educational programs, and the expansion of existing ones. It also focuses on improving employee benefit programs, reducing the principal amount of debts, and providing funds for new educational programs and staff development. Essentially, the Pace School Endowment Fund exists to support the growth and welfare of Pace School, ensuring its continued success and ability to provide quality education.
Official website here: www.paceschool.org
Who is the CEO of Pace School Endowment Fund?
Karen Shepherd is the Trustee of Pace School Endowment Fund. The CEO's salary of Pace School Endowment Fund is $0 and their total compensation is $229,735.
Official website here: www.paceschool.org
What is the revenue of Pace School Endowment Fund?
Pace School Endowment Fund's revenue in 2023 was $2,124,494.
Official website here: www.paceschool.org
Who are the executives of Pace School Endowment Fund and what are their salaries?
There 5 volunteers at Pace School Endowment Fund.
Here are 6 key members and their salaries (Pace School Endowment Fund's CEO's salary is $0 and their total compensation is $229,735):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $200,805
- Other: $28,930
Official website here: www.paceschool.org
Where can I find the form 990 for Pace School Endowment Fund?
Pace School Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.paceschool.org
Learn more at the official website: www.paceschool.org
Mission Statement of Pace School Endowment Fund
The Pace School Endowment Fund is a trust established with the mission to invest and manage contributions for the benefit of Pace School, a 501(c)(3) organization. This fund aims to support various initiatives and improvements for the school, including capital improvements, sabbatical leaves for eligible staff, scholarships for students, staff development, the introduction of new educational programs, and the enhancement or expansion of existing programs. Furthermore, the Endowment Fund contributes to improving employee benefit programs, reducing the principal amount of mortgage and other debts, and sustaining or expanding the current programs. Overall, the Pace School Endowment Fund plays a significant role in supporting and enhancing the operations of Pace School by managing contributions and investing in various aspects of the organization's growth and development.
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Impact
October, 2024
The Pace School Endowment Fund significantly enhances the educational environment and resources at Pace School by strategically investing and managing contributions. This endowment is dedicated to various initiatives that directly benefit the school's mission and its students.
By funding capital improvements, the Endowment ensures that the physical infrastructure meets the needs of students and staff, creating a conducive learning atmosphere. It provides for sabbatical leave for eligible staff, promoting professional growth and rejuvenation, ultimately leading to better educational outcomes for students.
Scholarships funded through the Endowment broaden access to education for many students, supporting those who may face financial challenges. Additionally, the fund plays a crucial role in staff development, fostering a culture of continuous improvement among educators. This leads to the introduction of new educational programs and the sustainability and expansion of existing ones, enhancing the overall quality of education provided.
Improvements to employee benefit programs and efforts to reduce debt are also part of the Endowment’s impact, which helps to stabilize the school's financial health and ensures long-term sustainability. Collectively, these investments create a vibrant and dynamic educational landscape that supports the growth and development of both students and staff at Pace School in Pittsburgh, PA.
This information is meant to be a general summary of Pace School Endowment Fund. 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: $1,524,494
- Gross Receipts: $14,219,235
Assets and Liabilities:
- Total Assets: $19,372,443
- Total Liabilities: $301,537
- Net Assets: $19,070,906
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Organization Details
Founding Year
1982
Phone
(412) 244-1900Principal Officer
Karen Shepherd
Main Address
2432 GREENSBURG PIKE, PITTSBURGH, PA, 15221
Website
www.paceschool.orgNTEE Category
Code: B82 - Education
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