Overview
What is Toledo Public Schools Foundation?
The Toledo Public Schools Foundation is a nonprofit organization based in Toledo, Ohio, specifically at 1609 N Summit Street, 43604. Its primary purpose is to support the education sector within the Toledo Public Schools district by awarding scholarships to outstanding students and grants to dedicated teachers. During the recent fiscal year, 39 deserving students from nine high schools within the district received scholarships, while 17 creative impact grants were awarded to teachers, enabling them to introduce innovative ideas and resources into their classrooms. The foundation's Bridge Fund further supplemented students' educational experiences by sponsoring their participation in the Cyber Security Youth Camp, Junior Nationals Young Leaders Conference, and the Cadet and Junior National Champions Wrestling Tournament. The mission of the Toledo Public Schools Foundation is to promote quality public education by providing supplemental funding for programs, scholarships, and academic initiatives, ensuring a well-rounded educational experience for students within the district. The organization is led by a team of two individuals.
Official website here: www.givetpsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Toledo Public Schools Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from its Accountability & Finance metrics, showcasing the organization's commitment to maintaining high standards in these areas.
Strengths of the foundation include a fully independent board, with 100% of its members meeting this criterion, and a strong program expense ratio of 77.09%, which suggests that a significant portion of its funds is directed towards its educational programs. The organization also has comprehensive policies in place regarding conflict of interest, whistleblower protections, and document retention, reflecting a structured approach to governance.
However, while the foundation demonstrates robust financial practices and accountability, the overall score relies solely on this single aspect. As a result, there may be limited insights into other areas such as program effectiveness or community impact, which are also crucial for evaluating the nonprofit's overall performance and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Toledo Public Schools Foundation legitimate?
Toledo Public Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Public Schools 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: $90,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,450
For more financial information, click here
Official website here: www.givetpsf.org
What is the mission statement of Toledo Public Schools Foundation?
The Toledo Public Schools Foundation's mission is centered around enhancing the quality of public education. They achieve this by providing supplemental funding for programs, scholarships, and academic initiatives. This organization supports the students and educators within the Toledo Public Schools district. They award scholarships to outstanding students, as well as grants to teachers for specific programs. In the past fiscal year, scholarships were awarded to 39 students from nine high schools in the district, and 17 creative impact grants were given to teachers to introduce innovative ideas into the classroom. Furthermore, the foundation's Bridge Fund supported students by sending them to various educational events, such as cybersecurity camps, leadership conferences, and wrestling tournaments.
Official website here: www.givetpsf.org
Who is the CEO of Toledo Public Schools Foundation?
Adam Motycka Esq is the Chairman of Toledo Public Schools Foundation.
Official website here: www.givetpsf.org
What is the revenue of Toledo Public Schools Foundation?
Toledo Public Schools Foundation's revenue in 2022 was $965,334.
Official website here: www.givetpsf.org
Who are the executives of Toledo Public Schools Foundation and what are their salaries?
The average compensation at Toledo Public Schools Foundation during 2022 was $63,461. There are 2 employees and 22 volunteers at Toledo Public Schools Foundation.
Here are 21 key members and their salaries:
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- Other: $1,649
Official website here: www.givetpsf.org
Where can I find the form 990 for Toledo Public Schools Foundation?
Toledo Public Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.givetpsf.org
Learn more at the official website: www.givetpsf.org
Mission Statement of Toledo Public Schools Foundation
The Toledo Public Schools Foundation is an organization dedicated to enhancing public education in the Toledo area. Their mission is to promote quality education by providing supplemental funding for programs, scholarships, and academic initiatives. This nonprofit aims to support the students and educators within the Toledo Public Schools district by awarding scholarships to deserving students and grants to teachers for specific programs.
In the fiscal year, the foundation awarded scholarships to 39 outstanding students from nine high schools within the district. Additionally, 17 Creative Impact Grants were given to teachers, enabling them to introduce innovative and exciting ideas, techniques, and resources into their classrooms. The Bridge Fund, another initiative by the foundation, supported students by sending them to various educational programs and events, such as the Cyber Security Youth Camp, Junior Nationals Young Leaders Conference, and the Cadet and Junior National Champions Wrestling Tournament. By doing so, the Toledo Public Schools Foundation contributes to the enrichment and development of the students in its community, ultimately contributing to the betterment of public education.
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Impact
October, 2024
Toledo Public Schools Foundation significantly enhances public education quality by providing essential funding for various programs, scholarships, and academic initiatives. Their support directly benefits students and educators within the Toledo Public Schools district.
In the most recent fiscal year, they awarded scholarships to 39 outstanding students across nine high schools, recognizing and fostering academic excellence. Additionally, they implemented 17 Creative Impact Grants that empower teachers to introduce innovative techniques and resources into the classroom, ultimately enriching the learning experience.
The Foundation's Bridge Fund plays a critical role in offering students unique opportunities, such as attending a cybersecurity youth camp, participating in the Junior Nationals Young Leaders Conference, and competing in the Cadet and Junior National Championships in wrestling. These initiatives not only support individual growth and development but also contribute to a brighter future for the entire community by investing in the potential of its youth.
This information is meant to be a general summary of Toledo Public Schools 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: $20,039
- Gross Receipts: $1,011,604
Assets and Liabilities:
- Total Assets: $1,281,078
- Total Liabilities: $1,093
- Net Assets: $1,279,985
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Organization Details
Founding Year
1987
Phone
(419) 671-0416Principal Officer
Adam Motycka Esq
Main Address
1609 N SUMMIT STREET, TOLEDO, OH, 43604
Website
www.givetpsf.orgNTEE Category
Code: B82 - Education
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