Overview
What is The Portsmouth Schools Foundation Inc?
The Portsmouth Schools Foundation Inc, based in Portsmouth, Virginia, serves as a facilitator for charitable donations aimed at providing scholarships to financially disadvantaged high school students in the area. This nonprofit organization actively promotes and celebrates the achievements within Portsmouth's public schools and strives to foster opportunities for further improvement. As an intermediary, it ensures that designated contributions from individuals and organizations directly support deserving students, enhancing their educational prospects.
Official website here: www.portsmouthschoolsfoundation.org
Is The Portsmouth Schools Foundation Inc legitimate?
The Portsmouth Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Portsmouth Schools 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.portsmouthschoolsfoundation.org
What is the mission statement of The Portsmouth Schools Foundation Inc?
The Portsmouth Schools Foundation Inc actively promotes the positive achievements in local public schools and strives to create opportunities for further improvement. As an intermediary, it facilitates designated donations from individuals and organizations, providing scholarships to high school students in financial need. The foundation's primary goal is to support and enhance the educational experience for these students. It serves as a catalyst for change, encouraging growth and development within the educational system.
Official website here: www.portsmouthschoolsfoundation.org
What is the revenue of The Portsmouth Schools Foundation Inc?
The Portsmouth Schools Foundation Inc's revenue in 2024 was $99,232.
Official website here: www.portsmouthschoolsfoundation.org
Who are the executives of The Portsmouth Schools Foundation Inc and what are their salaries?
There 17 volunteers at The Portsmouth Schools Foundation Inc.
Here are 17 key members and their salaries:
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Official website here: www.portsmouthschoolsfoundation.org
Where can I find the form 990 for The Portsmouth Schools Foundation Inc?
The Portsmouth Schools Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.portsmouthschoolsfoundation.org
Learn more at the official website: www.portsmouthschoolsfoundation.org
Mission Statement of The Portsmouth Schools Foundation Inc
The Portsmouth Schools Foundation Inc is an organization that is actively engaged in promoting the positive achievements in Portsmouth's public schools and creating opportunities for further improvement. Their mission is multifaceted, encompassing both the celebration of existing successes and the pursuit of future enhancements in the educational sector.
In essence, this nonprofit serves as a bridge between individuals and organizations that wish to contribute financially, and high school students in Portsmouth who are in need of scholarships. By providing scholarships on the basis of financial need, The Portsmouth Schools Foundation Inc aims to empower deserving students, thereby contributing to a more prosperous and equitable educational landscape. This proactive approach to promoting educational advancement reflects the organization's commitment to the betterment of Portsmouth's public schools.
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Impact
October, 2024
The Portsmouth Schools Foundation Inc significantly enhances the educational landscape in Portsmouth by actively promoting the positive accomplishments of the city's public schools. By spotlighting achievements, the foundation fosters a sense of pride and community support around local education. It plays a vital role as an intermediary, channeling designated donations from individuals and organizations to provide scholarships for high school students based on financial need, ensuring that more students have access to educational opportunities. This support not only helps alleviate financial barriers but also empowers students to pursue their academic goals, ultimately driving further improvement in the school system. Through these efforts, the foundation contributes to a vibrant educational environment that encourages success and growth for both students and schools in Portsmouth, VA.
This information is meant to be a general summary of The Portsmouth Schools 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 2024.
- Investment Income: $6,733
- Program Service Revenue: $18,457
- Gross Receipts: $99,232
Assets and Liabilities:
- Total Assets: $401,233
- Total Liabilities: $272
- Net Assets: $400,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$10,992
SCHOLARSHIPS
Revenue
$7,465
Organization Details
Founding Year
1986
Principal Officer
Jeffrey Miller
NTEE Category
Code: B20I - Education
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