Overview
What is Powhatan Education Foundation?
The Powhatan Education Foundation is a nonprofit organization situated in Powhatan, Virginia. Their primary mission is to facilitate contributions and grant applications, aiming to bolster the financial support for instructional materials, equipment, and educational resources within the Powhatan County Public Schools. To accomplish this, they offer grants of $1,000 each to teachers, librarians, and counselors, who can utilize the funds for their classrooms or students. The foundation requires recipients to submit receipts and provide written explanations of their projects or significant expenditures. As of the provided information, a total of $341,000 has been distributed through this grant program.
Official website here: www.powhataneducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
The Powhatan Education Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain key areas. While the foundation boasts a perfect score in accountability measures such as having a fully independent board and no material diversion of assets, it struggles with transparency, notably lacking essential financial statements and documentation policies.
Strengths of the organization include a strong commitment to its mission, as evidenced by a high program expense ratio of 99.53%, which indicates that nearly all funds raised are directed towards its programs. The foundation also has a robust governance structure with 100% independent board members, ensuring that there are no conflicts of interest in decision-making processes.
However, significant limitations are evident in the foundation's operational transparency. Missing policies for whistleblower protection, document retention, and the failure to publish tax forms on their website have been highlighted as areas that require immediate attention. Addressing these issues could enhance the foundation's overall accountability and improve its standing with potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Powhatan Education Foundation legitimate?
Powhatan Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Powhatan Education Foundation 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.powhataneducation.org
What is the mission statement of Powhatan Education Foundation?
The Powhatan Education Foundation's mission is centered around facilitating contributions and grant applications. Their primary objective is to assist in supplementing funds for various educational resources, including instructional materials, equipment, and other necessities. This support is aimed at enhancing education across all levels within the Powhatan County Public Schools. The foundation annually provides grants of $1,000 each to teachers, librarians, and counselors, allowing them to invest in their classrooms and students' needs. Teachers are required to submit receipts for their expenditures and provide descriptions of notable projects, ensuring accountability for the allocated funds. Overall, the Powhatan Education Foundation plays a crucial role in enriching the learning environment for students by providing essential resources.
Official website here: www.powhataneducation.org
Who is the CEO of Powhatan Education Foundation?
Kathy Grasty is the Director of Powhatan Education Foundation.
Official website here: www.powhataneducation.org
What is the revenue of Powhatan Education Foundation?
Powhatan Education Foundation's revenue in 2023 was $529,894.
Official website here: www.powhataneducation.org
Who are the executives of Powhatan Education Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.powhataneducation.org
Where can I find the form 990 for Powhatan Education Foundation?
Powhatan Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.powhataneducation.org
Learn more at the official website: www.powhataneducation.org
Mission Statement of Powhatan Education Foundation
The Powhatan Education Foundation is a nonprofit organization dedicated to supporting the educational needs of various levels within the Powhatan County Public Schools. Its mission is to serve as a channel for collecting contributions and managing grant applications, with the primary goal of augmenting funds for instructional materials, equipment, and various resources aimed at improving education. By doing so, the foundation seeks to enhance the learning experience for students across all grade levels.
To realize this mission, the Powhatan Education Foundation distributes grants of $1,000 each to teachers, librarians, and counselors within the Powhatan County Schools. These educational professionals are then encouraged to utilize this financial aid to enrich their classrooms or benefit their students directly. In exchange, they are required to submit receipts for their expenditures and provide detailed explanations of their projects or significant investments. The total amount distributed through this initiative amounted to $341,000.
In essence, the Powhatan Education Foundation functions as a bridge between the community and the educational system, ensuring that the educational resources available to students are as robust and up-to-date as possible. By supporting the acquisition of instructional materials, equipment, and resources, the foundation plays a vital role in fostering a conducive learning environment and contributing to the overall success of students in the Powhatan County Public Schools.
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Impact
July, 2024
The Powhatan Education Foundation has a significant impact on enhancing education in Powhatan County Public Schools. Through the Curtis Foundation grants, the foundation provides $1,000 to each teacher, librarian, and counselor in the county to spend on their classroom or students. This initiative not only supports educational resources but also encourages innovative projects and expenditures. In total, the foundation has distributed $341,000 to benefit the educational experience of students in Powhatan County. Their ongoing efforts play a vital role in supplementing funds for instructional materials, equipment, and various resources that help enrich the learning environment across all levels of the school system.
This information is meant to be a general summary of Powhatan Education Foundation. 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 2023.
- Investment Income: $516
- Gross Receipts: $530,179
Assets and Liabilities:
- Total Assets: $166,533
- Total Liabilities: $0
- Net Assets: $166,533
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Organization Details
Founding Year
2011
Phone
(804) 514-9856Principal Officer
Kathy Grasty
Main Address
P O Box 552, Powhatan, VA, 23139
Website
www.powhataneducation.orgNTEE Category
Code: B11 - Education
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