Overview
What is Milwaukee Public Schools Foundation Inc?
Milwaukee Public Schools Foundation Inc is a nonprofit organization situated at 234 W Galena ST, Milwaukee, Wisconsin. The primary objective of this organization is to foster educational excellence and encourage community involvement in the Milwaukee Public Schools. To achieve this mission, they offer technical support to parents, students, and teachers through CONNECT Milwaukee, a program designed to bridge gaps and facilitate collaborative learning experiences. The organization's activities aim to strengthen community participation in the public school system, ultimately contributing to the overall improvement and success of the Milwaukee Public Schools.
Official website here: www.mpsfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Milwaukee Public Schools Foundation Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a strong score of 88% in Accountability & Finance for the most recent fiscal year, FY2022. This rating is primarily based on their financial management practices, which demonstrate a commitment to responsible stewardship of resources.
One of the foundation's notable strengths is the composition of its board, which is entirely comprised of independent members, ensuring unbiased governance. Additionally, the organization has implemented robust financial oversight, as evidenced by a perfect score in audit and oversight practices. The high program expense ratio of 91.64% indicates that a significant portion of its funds is directed towards its charitable programs.
However, there are some areas for improvement, including the absence of a whistleblower policy, document retention and destruction protocols, and the posting of tax forms on their website. Addressing these gaps could enhance transparency and further strengthen stakeholder trust in the foundation's operations.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Public Schools Foundation Inc legitimate?
Milwaukee Public Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Public Schools Foundation Inc 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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Official website here: www.mpsfoundation.net
What is the mission statement of Milwaukee Public Schools Foundation Inc?
The Milwaukee Public Schools Foundation Inc's mission is centered around promoting educational excellence and fostering community participation within the Milwaukee Public Schools. This organization strives to enhance the educational experience by supporting various initiatives. Additionally, it encourages community involvement in shaping the education system.
In detail, the Foundation's objective is to boost the quality of education in the Milwaukee Public Schools, thereby contributing to the overall development of the students. Furthermore, it aims to engage the community in the educational process, recognizing that collective involvement can lead to significant improvements.
To accomplish these goals, the Foundation provides technical support to parents, students, and teachers. This assistance can take various forms, helping to bridge any gaps that may exist in the educational journey. By offering this support, the Foundation seeks to create a more conducive learning environment, ultimately benefiting the students and the community as a whole.
Official website here: www.mpsfoundation.net
Who is the CEO of Milwaukee Public Schools Foundation Inc?
John Kersey is the Board Member of Milwaukee Public Schools Foundation Inc.
Official website here: www.mpsfoundation.net
What is the revenue of Milwaukee Public Schools Foundation Inc?
Milwaukee Public Schools Foundation Inc's revenue in 2022 was $1,816,040.
Official website here: www.mpsfoundation.net
Who are the executives of Milwaukee Public Schools Foundation Inc and what are their salaries?
There 40 volunteers at Milwaukee Public Schools Foundation Inc.
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- Related: $83,867
- Other: $42,081
Official website here: www.mpsfoundation.net
Where can I find the form 990 for Milwaukee Public Schools Foundation Inc?
Milwaukee Public Schools Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mpsfoundation.net
Learn more at the official website: www.mpsfoundation.net
Mission Statement of Milwaukee Public Schools Foundation Inc
Milwaukee Public Schools Foundation Inc is committed to fostering educational excellence and encouraging community involvement in the Milwaukee Public Schools. Their mission is to strengthen the participation of various stakeholders, including parents, students, and teachers, in the educational process within the Milwaukee Public Schools. To achieve this goal, they provide technical support, serving as a bridge between these groups, thereby enhancing the overall educational experience.
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Impact
July, 2024
Milwaukee Public Schools Foundation Inc works to promote educational excellence and strengthen community participation in the Milwaukee Public Schools. Through initiatives like Connect Milwaukee, the organization provides valuable technical support to parents, students, and teachers. By linking resources and expertise with those in need, Milwaukee Public Schools Foundation Inc plays a crucial role in enhancing the overall educational experience and outcomes for students in the community.
This information is meant to be a general summary of Milwaukee Public Schools Foundation Inc. 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: $5,454
- Gross Receipts: $1,816,040
Assets and Liabilities:
- Total Assets: $2,811,848
- Total Liabilities: $28,939
- Net Assets: $2,782,909
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Organization Details
Founding Year
1998
Phone
(414) 874-5291Principal Officer
John Kersey
Main Address
234 W GALENA ST, MILWAUKEE, WI, 53212
Website
www.mpsfoundation.netNTEE Category
Code: T30 - Philanthropy
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