Overview
What is Foundation For Educational Excellence?
The Foundation For Educational Excellence is a nonprofit organization situated in Winnebago, Illinois. Their primary mission is to support the educational growth of students within the Winnebago Community Unit School District. This support comes in various forms, including the purchase of necessary supplies, providing financial assistance, and fostering engagement within the school district. The ultimate goal is to create a long-term, self-sustaining endowment fund that can enhance existing programs and fund unique projects, activities, and services that may not be covered by existing public school revenue sources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Foundation For Educational Excellence has achieved a high rating of 94%, indicating a strong performance in accountability and finance. This rating reflects the organization’s commitment to transparency and effective governance, as evidenced by its fully independent board and robust financial practices.
One of the organization's notable strengths includes a program expense ratio of 76.34%, signifying that a substantial portion of its expenditures is directed toward its educational initiatives. Additionally, the foundation demonstrates excellent governance practices, with comprehensive policies in place for conflict of interest and whistleblower protections, further underscoring its ethical standards.
While the ratings are impressive, no limitations were noted in the available data, which suggests that the foundation operates effectively without significant concerns regarding financial mismanagement or governance issues. Overall, the Foundation For Educational Excellence appears to be a reputable nonprofit dedicated to enhancing educational outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Educational Excellence legitimate?
Foundation For Educational Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Educational Excellence 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.
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What is the mission statement of Foundation For Educational Excellence?
The Foundation For Educational Excellence has a mission to establish a lasting endowment fund, ensuring the enhancement of existing educational programs in the Winnebago Community Unit School District. This mission extends to supporting special programs, projects, training, activities, and services that are not or cannot be funded through current public school revenue sources. The foundation accomplishes this by purchasing necessary supplies, providing financial assistance, and encouraging community involvement in the school district.
Who is the CEO of Foundation For Educational Excellence?
Sally Huggins is the President of Foundation For Educational Excellence.
What is the revenue of Foundation For Educational Excellence?
Foundation For Educational Excellence's revenue in 2022 was $90,476.
Who are the executives of Foundation For Educational Excellence and what are their salaries?
Here are 19 key members and their salaries:
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Where can I find the form 990 for Foundation For Educational Excellence?
Foundation For Educational Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For Educational Excellence
The Foundation for Educational Excellence is committed to enhancing the educational experiences of students within the Winnebago Community Unit School District. Their mission is to establish a long-term, self-sustaining endowment fund. This fund aims to supplement existing programs and provide financial support for special projects, training, activities, and services that cannot be funded through traditional public school revenue sources. By doing so, the Foundation aims to foster involvement in the school district, ensuring a comprehensive and enriching educational environment for its students.
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Impact
October, 2024
Foundation For Educational Excellence significantly enhances the educational experience for students in the Winnebago Community Unit School District. By supporting educational programs through the purchase of essential supplies, the foundation ensures that students have the materials they need to succeed. The organization also provides financial assistance, making educational opportunities more accessible and equitable for all students.
Additionally, the foundation fosters community involvement, creating a collaborative environment where parents, educators, and local stakeholders work together to support student achievement. Its mission to establish a long-term, self-sustaining endowment fund helps to maintain ongoing support for existing programs while also enabling the introduction of special projects and training that may not be covered by public school funding. This holistic approach to educational enhancement ultimately cultivates a richer learning environment, positively impacting student outcomes in the community.
This information is meant to be a general summary of Foundation For Educational Excellence. 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: $65,220
- Gross Receipts: $100,138
Assets and Liabilities:
- Total Assets: $1,095,541
- Total Liabilities: $0
- Net Assets: $1,095,541
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Organization Details
Founding Year
1986
Phone
(815) 275-2292Principal Officer
Sally Huggins
Main Address
PO BOX 337, WINNEBAGO, IL, 61088
NTEE Category
Code: B90 - Education
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