Overview
What is Waterford Foundation For Public Education?
Waterford Foundation for Public Education is a nonprofit organization situated in Waterford, Michigan. Their primary mission involves providing educational assistance grants to the Waterford School District, leveraging resources from the Waterford Foundation for Public Education and the Margie Arsen Early Childhood Development Fund. The organization receives grant requests from various schools within the district, which are then reviewed by a committee. Based on these evaluations, the board determines whether to approve the grants and distribute the allocated funds accordingly. By supporting schools in this manner, Waterford Foundation for Public Education contributes to the betterment of local educational institutions and the students they serve.
Official website here: www.http//www.waterford.k12.mi.us/wfpe
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Waterford Foundation For Public Education received a Three-Star rating from Charity Navigator, indicating a generally positive assessment of its accountability and financial health. The rating is primarily based on a single beacon score, reflecting the organization’s strong performance in financial management, with a program expense ratio of 71.59%, signifying that a significant portion of its expenses goes directly to program services.
The organization boasts a fully independent board, which is a positive indicator of its governance practices, scoring perfect points in both the majority of independent board members and the size of the independent board. Additionally, there are no reported material diversions of assets, and the foundation has successfully documented its board meeting minutes, contributing to its transparency and accountability.
However, some weaknesses were noted, particularly the absence of key policies like conflict of interest and whistleblower protections. These missing elements could pose risks to the organization’s governance standards, suggesting areas for improvement to enhance its overall transparency and ethical practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Waterford Foundation For Public Education?
84% of 48 reviewers on Facebook recommend the Waterford Foundation For Public Education. Here's a summary of their comments:
While a majority express support for the foundation, there are critical voices highlighting issues within the associated school district, particularly concerning the treatment of teachers by administration. Some reviews reflect a deep concern for the working environment, indicating that the foundation may need to address these broader systemic problems.
Despite the negative feedback regarding such serious matters, many supporters still recognize the efforts of the foundation in promoting public education and encourage positive change. Overall, while the nonprofit has its advocates, there are significant concerns regarding the internal dynamics of the school district that could impact its reputation.
This AI summary has been generated from reviews found on Facebook.
Is Waterford Foundation For Public Education legitimate?
Waterford Foundation For Public Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterford Foundation For Public Education 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.http//www.waterford.k12.mi.us/wfpe
What is the mission statement of Waterford Foundation For Public Education?
The Waterford Foundation for Public Education receives grant requests from various schools within a local district. These requests are reviewed by a grant committee, and recommendations are made to the board as a whole. The board then determines whether to approve the grants and allocate the funds accordingly. The organization provides educational assistance grants to the Waterford School District on behalf of the Waterford Foundation for Public Education and the Margie Arsen Early Childhood Development Fund. The primary mission of the Waterford Foundation for Public Education is to support educational initiatives within the local district by providing financial assistance through grant approvals.
Official website here: www.http//www.waterford.k12.mi.us/wfpe
What is the revenue of Waterford Foundation For Public Education?
Waterford Foundation For Public Education's revenue in 2024 was $178,551.
Official website here: www.http//www.waterford.k12.mi.us/wfpe
Who are the executives of Waterford Foundation For Public Education and what are their salaries?
There 28 volunteers at Waterford Foundation For Public Education.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.http//www.waterford.k12.mi.us/wfpe
Where can I find the form 990 for Waterford Foundation For Public Education?
Waterford Foundation For Public Education's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.http//www.waterford.k12.mi.us/wfpe
Learn more at the official website: www.http//www.waterford.k12.mi.us/wfpe
Mission Statement of Waterford Foundation For Public Education
The Waterford Foundation for Public Education is an organization that plays a significant role in supporting educational institutions within its local school district. It receives formal grant requests from various schools and reviews them meticulously. The Grant Committee scrutinizes these requests and makes recommendations to the board as a whole. Ultimately, the board determines whether to approve the grants and allocate the monies accordingly. This process allows the Waterford Foundation to provide educational assistance grants on behalf of the Waterford School District and the Margie Arsen Early Childhood Development Fund. In essence, the mission of the Waterford Foundation for Public Education is to facilitate financial assistance for educational needs within its local school district.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Waterford Foundation for Public Education plays a crucial role in enhancing educational opportunities within the Waterford School District. By receiving and reviewing formal grant requests from local schools, it ensures that funding is directed towards programs that address specific needs and challenges faced by students and educators. The foundation's grant committee meticulously evaluates each proposal, making informed recommendations to the board, which ultimately allocates funds.
Through its educational assistance grants, the foundation supports a variety of initiatives that enrich the learning environment, contributing to improved educational outcomes. This targeted financial support enables schools to implement innovative programs, acquire necessary resources, and foster early childhood development through initiatives like the Margie Arsen Early Childhood Development Fund. Overall, the foundation's efforts significantly enhance the educational landscape in Waterford, promoting student success and community engagement.
This information is meant to be a general summary of Waterford Foundation For Public Education. 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 2024.
- Investment Income: $85,101
- Program Service Revenue: $9,020
- Gross Receipts: $178,551
Assets and Liabilities:
- Total Assets: $2,028,395
- Total Liabilities: $184,176
- Net Assets: $1,844,219
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SELECT 50
Revenue
$5,920
TEACHER OF THE YEAR
Revenue
$2,800
MOST IMPROVED PROGRAM
Revenue
$300
Organization Details
Founding Year
1984
Principal Officer
Margie Gobler
NTEE Category
Code: B00J - Education
If you are a representative of Waterford Foundation For Public Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.