Overview
What is Montgomery County Public Schools Educational Foundation Inc?
Montgomery County Public Schools Educational Foundation Inc is a renowned nonprofit organization situated in Rockville, Maryland. With a team of four dedicated individuals, its primary objective is to bolster student success within Montgomery County Public Schools (MCPS). The Foundation accomplishes this by offering scholarships to deserving seniors, providing small grants to educators and schools, and fundraising for essential student supplies such as backpacks. Additionally, they contribute to strategic initiatives within MCPS, ensuring a comprehensive support system for its students. A recent exemplary act was the establishment of the Ruth and Norman Rales-Patricia Baier O'Neill Scholarship, which recognized academic excellence in 193 MCPS seniors in 2023.
Official website here: www.mcpsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Montgomery County Public Schools Educational Foundation Inc has achieved a perfect score of 100%, reflecting its strong commitment to accountability and finance. This rating indicates that the organization excels in various key metrics, including governance practices and financial transparency, which are essential for building trust with donors and stakeholders.
The foundation boasts an impressive structure with a fully independent board, ensuring unbiased decision-making. It maintains a high level of oversight through its Audit and Oversight Committee and has demonstrated robust financial health, with a low liabilities-to-assets ratio and significant program expenses focused on its mission. Additionally, the organization has clear policies in place, such as conflict of interest and whistleblower protections, which enhance its integrity.
While the foundation shows exemplary performance in financial management and governance, it is important to note that the rating is solely based on accountability and finance metrics, with no additional ratings for program effectiveness or impact. This focus on financial health, while commendable, may not provide a complete picture of the organization's overall effectiveness in fulfilling its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery County Public Schools Educational Foundation Inc legitimate?
Montgomery County Public Schools Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County Public Schools Educational 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: $120,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,636
For more financial information, click here
Official website here: www.mcpsfoundation.org
What is the mission statement of Montgomery County Public Schools Educational Foundation Inc?
The Montgomery County Public Schools Educational Foundation's mission is centered around supporting student success within the Montgomery County Public Schools (MCPS). Their initiatives encompass various aspects, including offering scholarships to students, providing small grants to educators and schools, and fundraising for essential student supports like distributing backpacks filled with supplies. Furthermore, the foundation offers additional support for MCPS's strategic initiatives.
Official website here: www.mcpsfoundation.org
Who is the CEO of Montgomery County Public Schools Educational Foundation Inc?
Dr Kristen Wong Callisto is the Executive Director of Montgomery County Public Schools Educational Foundation Inc.
Official website here: www.mcpsfoundation.org
What is the revenue of Montgomery County Public Schools Educational Foundation Inc?
Montgomery County Public Schools Educational Foundation Inc's revenue in 2023 was $3,575,894.
Official website here: www.mcpsfoundation.org
Who are the executives of Montgomery County Public Schools Educational Foundation Inc and what are their salaries?
The average compensation at Montgomery County Public Schools Educational Foundation Inc during 2023 was $42,784. There are 4 employees and 30 volunteers at Montgomery County Public Schools Educational Foundation Inc.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $120,500
- Other: $0
- 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: $0
- Related: $0
- Other: $0
- 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: $0
- Related: $0
- Other: $0
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mcpsfoundation.org
Where can I find the form 990 for Montgomery County Public Schools Educational Foundation Inc?
Montgomery County Public Schools Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcpsfoundation.org
Learn more at the official website: www.mcpsfoundation.org
Mission Statement of Montgomery County Public Schools Educational Foundation Inc
Montgomery County Public Schools Educational Foundation, in its mission, is dedicated to fostering student success within Montgomery County Public Schools (MCPS). The organization carries out its purpose by offering various programs, including scholarships for students, grants for educators and schools, fundraising for essential student supplies such as backpacks, and supporting the strategic initiatives of MCPS. By implementing these initiatives, the Foundation aims to enhance the educational experiences of students in MCPS, ultimately contributing to their overall success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Montgomery County Public Schools Educational Foundation Inc plays a significant role in supporting student success within the Montgomery County Public Schools (MCPS) system. By offering scholarships to students, providing grants to educators and schools, fundraising for student supports like backpacks of supplies, and contributing to strategic initiatives of MCPS, the Foundation positively impacts the educational experience of numerous individuals. For example, the Foundation's efforts resulted in the establishment of the Ruth and Norman Rales-Patricia Baier O'Neill Scholarship Recognizing Academic Excellence, benefitting 193 MCPS seniors with a total of $10,000. Additionally, through events like scholarship award ceremonies and keynote speeches by inspiring figures, such as entrepreneur Robert Kabera, the Foundation continues to celebrate academic achievements and inspire students to excel. By focusing on education and student success, the Foundation contributes significantly to the development and growth of MCPS students and educators in Rockville, MD.
This information is meant to be a general summary of Montgomery County Public Schools Educational 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 2023.
- Investment Income: $19,154
- Gross Receipts: $3,575,894
Assets and Liabilities:
- Total Assets: $9,861,162
- Total Liabilities: $2,948,721
- Net Assets: $6,912,441
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(240) 740-3216Principal Officer
Dr Kristen Wong Callisto
Main Address
850 Hungerford Drive Room 149, Rockville, MD, 20850
Website
www.mcpsfoundation.orgNTEE Category
Code: B120 - Education
If you are a representative of Montgomery County Public Schools Educational Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.