Overview
What is Boston Schools Fund?
Boston Schools Fund (BSF) is a dedicated nonprofit organization situated in Boston, Massachusetts. Their primary mission is to promote educational equity by supporting high-quality schools that cater to economically disadvantaged students, as well as those of Black, Latinx, disabled, or English learner backgrounds. They achieve this by offering grants and technical assistance to local schools and non-profit organizations, analyzing and disseminating Boston school data, and advocating for policies that align with their vision. The BSF team's ultimate goal is to increase the number of children in Boston attending these high-quality schools. With a team of 11 dedicated individuals, BSF is committed to values of diversity, equity, inclusion, and anti-racism in their work.
Official website here: www.bostonschoolsfund.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
The Boston Schools Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a high program expense ratio of 89.13%, indicating that a significant portion of its funding is directed toward its educational initiatives, which is a positive sign for potential donors and stakeholders.
Additionally, the fund demonstrates a robust governance structure with 83% of its board members being independent, ensuring a level of oversight and integrity in its operations. The organization has also implemented essential policies such as conflict of interest, whistleblower protections, and maintains thorough documentation of board meeting minutes, further reinforcing its commitment to transparency and ethical practices.
While the overall assessment is highly favorable, potential contributors might want to stay informed about the ongoing impact of their funding on local schools. However, no significant weaknesses or issues have been noted in the available data, making the Boston Schools Fund a reliable choice for those looking to support educational improvements in the Boston area.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Schools Fund legitimate?
Boston Schools Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Schools Fund 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: $626,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $442,615
For more financial information, click here
Official website here: www.bostonschoolsfund.org/
What is the mission statement of Boston Schools Fund?
The Boston Schools Fund (BSF) is a non-profit organization dedicated to promoting educational equity through opportunity and access to high-quality schools. Their primary goal is to increase the number of children attending such schools in their community. They achieve this by providing resources and capacity for high-quality schools to expand and improve, sharing data and information, collaborating with families and partners, influencing policy, and committing to values of diversity, equity, inclusion, and anti-racism in their work. Boston Schools Fund has worked closely with city and state leaders to advance policies that expand access to high-quality schools for historically marginalized students.
Official website here: www.bostonschoolsfund.org/
Who is the CEO of Boston Schools Fund?
William Austin is the Founder & Ceo of Boston Schools Fund. The CEO's salary of Boston Schools Fund is $197,554 and their total compensation is $221,490.
Official website here: www.bostonschoolsfund.org/
What is the revenue of Boston Schools Fund?
Boston Schools Fund's revenue in 2022 was $2,444,206.
Official website here: www.bostonschoolsfund.org/
Who are the executives of Boston Schools Fund and what are their salaries?
The average compensation at Boston Schools Fund during 2022 was $97,153. There are 11 employees and 4 volunteers at Boston Schools Fund.
Here are 8 key members and their salaries (Boston Schools Fund's CEO's salary is $197,554 and their total compensation is $221,490):
- Compensation: $197,554
- Related: $0
- Other: $23,936
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $176,000
- Related: $0
- Other: $23,936
- Compensation: $177,360
- Related: $0
- Other: $8,737
- Compensation: $108,930
- Related: $0
- Other: $8,737
Official website here: www.bostonschoolsfund.org/
Where can I find the form 990 for Boston Schools Fund?
Boston Schools Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bostonschoolsfund.org/
Learn more at the official website: www.bostonschoolsfund.org/
Mission Statement of Boston Schools Fund
Boston Schools Fund, a non-profit organization, is dedicated to promoting educational equity through access to high-quality schools. With a goal to increase the number of children in Boston attending such schools, the organization provides capacity and resources for these institutions to expand and improve. They accomplish this by analyzing and sharing data and information about Boston schools, collaborating with families and partners, influencing policy, and committing to values of diversity, equity, inclusion, and anti-racism in their work. Boston Schools Fund has worked closely with city and state leaders to ensure policies are in place that expand access to high-quality schools for historically marginalized students.
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Impact
July, 2024
Boston Schools Fund's impact is significant in advancing educational equity in Boston by providing grants and technical assistance to schools and nonprofit organizations. They support high-quality, Boston-based schools that serve economically disadvantaged students, Black and/or Latino students, students with disabilities, and English learners. By investing in these schools and helping them plan for growth and execute expansion or redesign plans, Boston Schools Fund is increasing the number of children in Boston attending high-quality schools. Their work includes sharing data and information, collaborating with families and partners, influencing policy, and upholding values of diversity, equity, inclusion, and anti-racism. They have also played a role in advocating for policies that expand access to high-quality schools for historically marginalized students.
This information is meant to be a general summary of Boston Schools Fund. 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: $2,790
- Gross Receipts: $2,444,206
Assets and Liabilities:
- Total Assets: $2,706,473
- Total Liabilities: $48,659
- Net Assets: $2,657,814
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Organization Details
Founding Year
2015
Phone
(617) 390-5896Principal Officer
William Austin
Main Address
53 STATE STREET 500, BOSTON, MA, 02109
Website
www.bostonschoolsfund.org/NTEE Category
Code: B99 - Education
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