Overview
What is Millbrae Education Foundation Inc?
Millbrae Education Foundation Inc is a nonprofit organization situated in Millbrae, California. Their primary mission is to support the Millbrae School District by raising sustainable and reliable funds, collaborating with families, educators, and civic organizations. The foundation has successfully raised over $436,000 from general contributions, annual events, and sponsors. Notably, the Annual Gala event brought in over $130,000, while a significant $400,000 was donated directly to the school district. During the COVID-19 pandemic, the foundation extended financial aid to around 50 families in need. The Millbrae Education Foundation Inc serves as a vital partner in enhancing educational opportunities for the Millbrae community.
Official website here: www.millbraekids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
The Millbrae Education Foundation Inc has received a 69% rating from Charity Navigator, indicating some concerns regarding transparency and governance. While the organization boasts a fully independent board and maintains a strong program expense ratio of 99.29%, it lacks several critical policies, such as those regarding conflicts of interest and whistleblowing. Additionally, the absence of financial statements raises questions about the organization's accountability.
User reviews from Great Nonprofits reflect a generally positive sentiment toward the foundation's impact on local education. Volunteers and board members express gratitude for the restoration of programs like technology and music in schools, which have been crucial following budget cuts. The organization is credited with successfully increasing grant funding significantly over the years, demonstrating effective fundraising efforts.
However, despite the positive feedback, the limitations highlighted in the Charity Navigator report regarding governance policies cannot be overlooked. Continuous improvement in financial transparency and the establishment of necessary policies would enhance the foundation's credibility and potentially its rating in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Millbrae Education Foundation Inc legitimate?
Millbrae Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millbrae Education 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.millbraekids.org
What is the mission statement of Millbrae Education Foundation Inc?
The Millbrae Education Foundation Inc's mission is focused on generating sustainable and reliable funding to supplement the Millbrae School District. This is achieved through partnerships with families, educators, and civic organizations. A significant portion of this funding is raised through their general campaign, which includes ongoing contributions from parents and sponsors. Additionally, the foundation hosts an annual gala event, from which they manage to raise a substantial sum. Furthermore, Millbrae Education Foundation Inc has donated a large sum to the Millbrae School District directly. During the COVID-19 pandemic, they also extended financial assistance to around 50 families in need.
Official website here: www.millbraekids.org
Who is the CEO of Millbrae Education Foundation Inc?
Joy Pasamonte Henry is the President of Millbrae Education Foundation Inc.
Official website here: www.millbraekids.org
What is the revenue of Millbrae Education Foundation Inc?
Millbrae Education Foundation Inc's revenue in 2022 was $518,726.
Official website here: www.millbraekids.org
Who are the executives of Millbrae Education Foundation Inc and what are their salaries?
There 50 volunteers at Millbrae Education Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.millbraekids.org
Where can I find the form 990 for Millbrae Education Foundation Inc?
Millbrae Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.millbraekids.org
Learn more at the official website: www.millbraekids.org
Mission Statement of Millbrae Education Foundation Inc
Millbrae Education Foundation Inc, a nonprofit organization, is committed to generating sustainable and reliable funding to supplement the Millbrae School District. Their mission is carried out in collaboration with families, educators, and civic organizations. The foundation's primary goal is to bridge the gap between the school district's resources and the needs of its students.
To achieve this mission, Millbrae Education Foundation Inc employs various strategies. They raise funds through numerous initiatives, such as their general campaign, which relies on ongoing contributions from parents and sponsors. Additionally, they organize an annual gala event, which has successfully raised significant funds in the past. The funds raised during these events are then donated directly to the Millbrae School District.
Beyond financial support, Millbrae Education Foundation Inc also extends aid to families in need during challenging times, as demonstrated during the COVID-19 pandemic when they provided financial assistance to over 50 families. The organization's mission is not just about financial support but also about working in partnership with the community to ensure the best possible education for the students in Millbrae School District.
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Impact
July, 2024
Millbrae Education Foundation Inc has had a significant impact on the Millbrae community through its efforts to support the local school district. The organization raised over $436,000 from its general campaign, which includes contributions from parents and sponsors. Additionally, they raised over $130,000 from their annual gala event. In total, $400,000 was donated to the Millbrae School District to enhance educational programs and resources. During the COVID-19 pandemic, the foundation also provided financial assistance to 50 families in need, totaling around $5,000. The foundation's commitment to generating sustainable funding and its collaboration with families, educators, and civic organizations exemplify its dedication to enhancing education in the community.
This information is meant to be a general summary of Millbrae Education 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: $1,116
- Gross Receipts: $567,361
Assets and Liabilities:
- Total Assets: $646,683
- Total Liabilities: $0
- Net Assets: $646,683
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Organization Details
Founding Year
2008
Phone
(650) 648-3162Principal Officer
Joy Pasamonte Henry
Main Address
PO BOX 580, MILLBRAE, CA, 94030
Website
www.millbraekids.orgNTEE Category
Code: B90 - Education
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