Overview
What is Thomas B Fordham Foundation?
The Thomas B. Fordham Foundation is a nonprofit organization headquartered in Washington D.C., specifically at 1015 18th Street NW, dedicated to shaping national education policy. They support the Thomas B. Fordham Institute, a leading advocate for educational excellence, by funding research, analysis, commentary, and on-the-ground action in Ohio. In 2022, their focus was on promoting evidence-based practices following the COVID-19 pandemic, advocating for high-quality career and technical education, and expanding high-quality charter schools and other school choices. With a team of 31 employees, the Thomas B. Fordham Foundation is committed to influencing education policy with a vision for improvement.
Official website here: www.fordhaminstitute.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Thomas B. Fordham Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a score of 97%, the foundation demonstrates effective management practices, including a high percentage of independent board members and comprehensive oversight mechanisms for financial statements.
Organizational strengths include a well-structured board, with 77% of members being independent, ensuring transparency and diverse perspectives in decision-making. The foundation also has robust policies in place, such as for conflict of interest and whistleblowing, which further solidify its commitment to ethical governance.
Despite its strengths, the Program Expense Ratio stands at 67.91%, indicating that while the foundation invests a significant portion of its funds in programs, there is still room for improvement in maximizing program-related expenditures. Overall, the Thomas B. Fordham Foundation is effectively managed and financially sound, making it a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Thomas B Fordham Foundation legitimate?
Thomas B Fordham Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas B Fordham 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:
Executive Compensation: $236,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,233,190
For more financial information, click here
Official website here: www.fordhaminstitute.org
What is the mission statement of Thomas B Fordham Foundation?
The Thomas B. Fordham Foundation supports the Thomas B. Fordham Institute, a leading advocator for educational excellence nationwide. It achieves this by providing high-quality research, analysis, and commentary, as well as on-the-ground action and advocacy. The foundation's primary focus is on promoting evidence-based practices in education, particularly in response to the COVID-19 pandemic. It also champions the advancement of career and technical education and the expansion of high-quality charter schools and other school choices. The foundation's national policy work in 2022 was dedicated to these causes.
Official website here: www.fordhaminstitute.org
Who is the CEO of Thomas B Fordham Foundation?
Stefanie Sanford is the Trustee of Thomas B Fordham Foundation.
Official website here: www.fordhaminstitute.org
What is the revenue of Thomas B Fordham Foundation?
Thomas B Fordham Foundation's revenue in 2022 was $2,482,473.
Official website here: www.fordhaminstitute.org
Who are the executives of Thomas B Fordham Foundation and what are their salaries?
The average compensation at Thomas B Fordham Foundation during 2022 was $47,410. There are 31 employees at Thomas B Fordham Foundation.
Here are 15 key members and their salaries:
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $235,500
- Related: $0
- Other: $28,639
- Compensation: $343,200
- Related: $0
- Other: $56,759
- Compensation: $200,000
- Related: $0
- Other: $37,098
- Compensation: $256,000
- Related: $0
- Other: $41,829
- Compensation: $221,500
- Related: $0
- Other: $44,658
- Compensation: $172,000
- Related: $0
- Other: $37,947
- Compensation: $115,987
- Related: $0
- Other: $25,647
- Compensation: $110,000
- Related: $0
- Other: $26,034
Official website here: www.fordhaminstitute.org
Where can I find the form 990 for Thomas B Fordham Foundation?
Thomas B Fordham Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fordhaminstitute.org
Learn more at the official website: www.fordhaminstitute.org
Mission Statement of Thomas B Fordham Foundation
The Thomas B. Fordham Foundation supports the Thomas B. Fordham Institute, a leading organization in advancing educational excellence nationwide. The foundation contributes to this mission by providing high-quality research, analysis, and commentary, as well as on-the-ground action and advocacy, primarily in the state of Ohio.
In the context of national education policy reform, the Thomas B. Fordham Foundation backs the Thomas B. Fordham Institute's initiatives to produce research studies and commentary on significant issues in the field. In 2022, their focus was on promoting evidence-based practices in response to the COVID-19 pandemic, advocating for high-quality career and technical education, and expanding the availability of top-notch charter schools and other school choices. This holistic approach aims to improve the overall quality of education across the United States.
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Impact
October, 2024
The Thomas B. Fordham Foundation has a significant impact on educational excellence through its robust support of the Thomas B. Fordham Institute. By providing quality research, analysis, and commentary, the Foundation advances national education policy reform that shapes the future of education in the United States.
In 2022, the Foundation's initiatives focused on critical areas including promoting evidence-based practices, especially in the aftermath of the COVID-19 pandemic, advocating for high-quality career and technical education, and expanding access to high-quality charter schools and other schools of choice. This work influences policymakers and educators, helping to guide reforms that improve educational outcomes and opportunities for students across the nation, particularly in Ohio where they have direct advocacy efforts.
Through their commitment to rigorous research and on-the-ground action, the Foundation plays a vital role in advocating for effective educational practices and policies that contribute to a more informed and equitable education system.
This information is meant to be a general summary of Thomas B Fordham 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 2022.
- Investment Income: $1,604,316
- Program Service Revenue: $875,599
- Gross Receipts: $4,632,626
Assets and Liabilities:
- Total Assets: $68,013,361
- Total Liabilities: $330,526
- Net Assets: $67,682,835
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP INCOME
Revenue
$875,599
Organization Details
Founding Year
1959
Phone
(202) 223-5452Principal Officer
Stefanie Sanford
Main Address
1015 18TH STREET NW, WASHINGTON, DC, 20036
Website
www.fordhaminstitute.orgNTEE Category
Code: Z99 - Unknown
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