Overview
What is Madison Public Schools Foundation Inc?
Madison Public Schools Foundation Inc is a nonprofit organization situated in Madison, Wisconsin, specifically at 2005 W Beltline Highway 203. Their primary mission is to support the schools, programs, projects, and students within the Madison Metropolitan School District. This support extends to funding innovative initiatives that have not previously been funded or cannot be funded through the district's core budget. The foundation's commitment to education goes beyond financial aid, as they also engage in building community partnerships and advocating for Madison's public schools. By raising private funds and awarding grants, they strive to enhance the educational opportunities for every child in the district.
Official website here: www.schoolsmakemadison.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Madison Public Schools Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96 in accountability, the foundation demonstrates a high degree of transparency and governance, evidenced by a fully independent board and robust financial oversight protocols. Its program expense ratio of 70.23% indicates a significant portion of funds is directed toward its programs, rather than administrative costs.
In terms of culture and community, the foundation has achieved an impressive score of 86. It excels in collecting and utilizing constituent feedback, scoring a perfect 100 in all relevant categories. This indicates that the organization actively engages with its stakeholders and adapts its strategies to meet the needs of the community it serves.
While the foundation has strong overall ratings, the equity strategies score of 79 suggests there may be opportunities for improvement in addressing equity within its initiatives. Nonetheless, the Madison Public Schools Foundation Inc stands out for its commitment to accountability and community engagement, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Madison Public Schools Foundation Inc?
There are currently three reviews available for the Madison Public Schools Foundation Inc, though none include a rating. One reviewer expressed a positive sentiment about the organization, highlighting its engagement with the community through social media. However, they also indicated that they would not recommend the foundation based on their personal experience.
Overall, feedback regarding the foundation is limited, but the recognition of its efforts to connect with the community is noted. Despite the call for support, potential donors may want to consider this mixed reception when evaluating their contributions. As the foundation continues to operate, further reviews might provide a clearer picture of its impact and effectiveness in supporting public education in Madison.
This AI summary has been generated from reviews found on Facebook.
Is Madison Public Schools Foundation Inc legitimate?
Madison Public Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $143,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,737
For more financial information, click here
Official website here: www.schoolsmakemadison.org
What is the mission statement of Madison Public Schools Foundation Inc?
The Madison Public Schools Foundation Inc is dedicated to supporting the education of every child in its district by raising private funds, granting awards, fostering community partnerships, and advocating for the schools. The foundation's primary goal is to provide funding exclusively to the schools in the Madison Metropolitan School District for creative initiatives that have not been funded through the core budget and cannot be funded otherwise. To achieve this, the foundation offers grants, scholarships, and fiscal agent services to support the district's schools, programs, projects, and students.
Official website here: www.schoolsmakemadison.org
Who is the CEO of Madison Public Schools Foundation Inc?
Melinda Heinritz is the Chair of Madison Public Schools Foundation Inc.
Official website here: www.schoolsmakemadison.org
What is the revenue of Madison Public Schools Foundation Inc?
Madison Public Schools Foundation Inc's revenue in 2022 was $1,716,885.
Official website here: www.schoolsmakemadison.org
Who are the executives of Madison Public Schools Foundation Inc and what are their salaries?
There 45 volunteers at Madison Public Schools Foundation Inc.
Here are 27 key members and their salaries:
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- Compensation: $124,818
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- Other: $18,429
Official website here: www.schoolsmakemadison.org
Where can I find the form 990 for Madison Public Schools Foundation Inc?
Madison Public Schools Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.schoolsmakemadison.org
Learn more at the official website: www.schoolsmakemadison.org
Mission Statement of Madison Public Schools Foundation Inc
Madison Public Schools Foundation Inc is dedicated to upholding the education of every child within the Madison Metropolitan School District. This nonprofit organization achieves this mission by raising private funds, granting awards, fostering community partnerships, and advocating for the district's public schools. The Foundation's primary goal is to provide funding for creative initiatives that have not been supported through the regular school budget. These initiatives are essential in maintaining educational excellence within the district's schools and ensuring that students have access to opportunities that were previously unavailable.
The Madison Public Schools Foundation Inc's activities are diverse and far-reaching. They offer grants, scholarships, and fiscal agent services to support the district's schools, programs, projects, and students. By providing these resources, the Foundation helps enrich the educational experience for children, ensuring they have the tools and opportunities needed to succeed. In addition, the Foundation builds partnerships within the community, fostering support for the district's schools and contributing to a strong educational environment. Furthermore, the organization advocates on behalf of Madison's public schools, working to secure funding and resources that will benefit students and improve educational outcomes.
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Impact
July, 2024
Madison Public Schools Foundation Inc has a significant impact on the Madison Metropolitan School District by providing crucial funding exclusively to support creative initiatives that are essential for sustaining excellence in education. Through grants, scholarships, and fiscal agent services, the foundation supports schools, programs, projects, and students within the district. With a mission to ensure the education of every child through raising private funds, awarding grants, developing community partnerships, and advocating for public schools in Madison, the foundation plays a vital role in enhancing educational opportunities for students and fostering innovation in the district.
This information is meant to be a general summary of Madison 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: $80,769
- Gross Receipts: $1,784,558
Assets and Liabilities:
- Total Assets: $13,553,610
- Total Liabilities: $599,992
- Net Assets: $12,953,618
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Organization Details
Founding Year
2001
Phone
(608) 210-6900Principal Officer
Melinda Heinritz
Main Address
2005 W BELTLINE HIGHWAY 203, MADISON, WI, 53713
Website
www.schoolsmakemadison.orgNTEE Category
Code: B112 - Education
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