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Underwood Gt Magnet Elementary School Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465239516 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Underwood Gt Magnet Elementary School Foundation?

The Underwood GT Magnet Elementary School Foundation is a charitable organization situated in Raleigh, North Carolina. Its primary purpose is to support Wake County Public Schools' Underwood GT Magnet Elementary School by enhancing state and local funding for teacher salaries, contributing a total of $123,264 over two instances. Furthermore, the Foundation has pledged an education grant for the 2022-2023 academic year, demonstrating its ongoing commitment to the school's educational resources.


Official website here: www.underwoodfoundation.org

Is Underwood Gt Magnet Elementary School Foundation legitimate?

Underwood Gt Magnet Elementary School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Underwood Gt Magnet Elementary School Foundation submitted a form 990EZ, 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.underwoodfoundation.org

What is the mission statement of Underwood Gt Magnet Elementary School Foundation?

The Underwood GT Magnet Elementary School Foundation's primary role is to support the educational needs of Underwood Elementary School. The foundation has made significant contributions, donating a total of $123,264 to supplement funding for staff salaries. Furthermore, it has provided an education funding donation for the 2022-2023 school year to Wake County Public Schools' Underwood GT Magnet Elementary School. The foundation's mission, however, is not explicitly stated in the provided information.


Official website here: www.underwoodfoundation.org

What is the revenue of Underwood Gt Magnet Elementary School Foundation?

Underwood Gt Magnet Elementary School Foundation's revenue in 2024 was $72,054.


Official website here: www.underwoodfoundation.org

Who are the executives of Underwood Gt Magnet Elementary School Foundation and what are their salaries?

Here are 5 key members and their salaries:


Sarah Mcclain (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Propst (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Waechter (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Golden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Hamner (Pta President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.underwoodfoundation.org

Where can I find the form 990EZ for Underwood Gt Magnet Elementary School Foundation?

Underwood Gt Magnet Elementary School Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.underwoodfoundation.org

Learn more at the official website: www.underwoodfoundation.org

Mission Statement of Underwood Gt Magnet Elementary School Foundation

The Underwood GT Magnet Elementary School Foundation is committed to supporting the educational needs of Underwood Elementary School. Specifically, the foundation has donated substantial funds to supplement the salaries of the school's staff, demonstrating its dedication to enhancing the educational environment. Beyond this, the foundation has also made an education funding contribution for the 2022-2023 school year to Wake County Public Schools' Underwood GT Magnet Elementary School. This ongoing support underscores the foundation's role in bolstering the school's resources and ensuring a conducive learning atmosphere for its students.

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Impact




August, 2024

The Underwood GT Magnet Elementary School Foundation has had a significant impact on supplementing state and local funding for staff salaries at Underwood Elementary School. By donating a total of $123,264 and providing education funding for the upcoming school year, the Foundation has played a crucial role in supporting the school's resources and ensuring quality education for its students. Their contributions have made a difference in the learning environment and educational opportunities available to the students at Underwood GT Magnet Elementary School.




This information is meant to be a general summary of Underwood Gt Magnet Elementary School 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.

Revenue
$72,054 (2024)
Expenses
$58,601 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,810
  • Gross Receipts: $88,309

Assets and Liabilities:

  • Total Assets: $151,266
  • Total Liabilities: $0
  • Net Assets: $151,266

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Organization Details

Principal Officer

Sarah Mcclain

NTEE Category

Code: B11 - Education

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