Overview
What is The School Foundation Inc?
The School Foundation Inc, based in Florence, South Carolina, is a voluntary association dedicated to enhancing educational excellence in the Florence 1 Schools district. Operating with a team of two individuals, it primarily achieves its goals by providing grants for innovative learning and initiating high impact projects to prepare all students for success. The organization's signature program, StartSmart, offers unique services for young children from birth to age five, ensuring they enter school ready to learn, thereby contributing to their growth into productive citizens. The School Foundation Inc aims to serve the needs and interests of Florence 1 Schools, promoting general welfare through contributions and advocacy for quality public education, welcoming everyone regardless of age, race, sex, ethnicity, ability, or religion.
Official website here: www.theschoolfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating. This rating reflects The School Foundation Inc's strong performance in accountability and finance, showcasing its commitment to responsible governance. The charity achieved a perfect score in several areas, including having a fully independent board and no material diversion of assets, which indicates a high level of transparency and ethical management.
The Foundation has a solid program expense ratio of 61.60%, although it did receive a lower score in this area compared to other metrics. This suggests that while it allocates a significant portion of its resources to programs, there may be room for improvement in maximizing the impact of its expenditures.
Overall, The School Foundation Inc demonstrates a strong commitment to accountability, reflected in its policies and governance structure. However, stakeholders may want to explore how effectively the organization utilizes its program expenses to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The School Foundation Inc legitimate?
The School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The School 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: $71,949
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,015
For more financial information, click here
Official website here: www.theschoolfoundation.org
What is the mission statement of The School Foundation Inc?
The School Foundation Inc, as a collective association of individuals, strives to advance educational excellence and general welfare. They achieve this mission by providing grants for innovative learning and implementing high-impact initiatives aimed at preparing all students for success. The organization supports Florence 1 Schools, a public school system, regardless of age, race, sex, ethnicity, ability, or religion. They contribute to schools and school programs and advocate for the importance of quality public education. Additionally, The School Foundation offers unique services through StartSmartFSD1, a program that helps young children from birth to age five, ensuring they enter school ready to learn, thereby fostering their potential to become productive citizens.
Official website here: www.theschoolfoundation.org
Who is the CEO of The School Foundation Inc?
Jeff Helton is the Chairman of The School Foundation Inc.
Official website here: www.theschoolfoundation.org
What is the revenue of The School Foundation Inc?
The School Foundation Inc's revenue in 2022 was $526,211.
Official website here: www.theschoolfoundation.org
Who are the executives of The School Foundation Inc and what are their salaries?
The average compensation at The School Foundation Inc during 2022 was $49,482. There are 2 employees at The School Foundation Inc.
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Official website here: www.theschoolfoundation.org
Where can I find the form 990 for The School Foundation Inc?
The School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theschoolfoundation.org
Learn more at the official website: www.theschoolfoundation.org
Mission Statement of The School Foundation Inc
The School Foundation, Inc., a voluntary association, is dedicated to enhancing educational excellence in Florence 1 Schools. It achieves this goal by providing grants for innovative learning and initiating high-impact programs designed to prepare all students for success. By contributing to schools, school programs, and advocating for quality public education, the organization strives to serve the needs and interests of the Florence 1 Schools community, regardless of age, race, sex, ethnicity, ability, or religion.
In essence, The School Foundation, Inc. seeks to foster a learning environment that prepares every student for success. By providing financial support for innovative learning and implementing strategic initiatives, the organization aims to equip students with the necessary tools for academic achievement. Furthermore, the association advocates for the importance of quality public education, ensuring that every individual in the Florence 1 Schools community has equal access to educational resources. This mission is reflected in their StartSmart program, which offers unique services for young children, helping to ensure that all children in the Florence community enter school ready to learn, setting them up for a better chance at becoming productive citizens.
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Impact
July, 2024
The School Foundation Inc's impact can be seen through its promotion of educational excellence in Florence 1 schools. By providing grants for innovative learning and high-impact initiatives, the organization is actively working to prepare all students for success. Specifically, programs like StartSmartFSD1 are making a difference by offering unique services for young children in the Florence community, ensuring that they enter school ready to learn and become productive citizens. With over 1,000 children benefiting from these services and a focus on enhancing the lives of every child from birth to age 4, The School Foundation Inc is clearly contributing to positive educational outcomes in the area.
This information is meant to be a general summary of The School 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 2022.
- Investment Income: $229,102
- Gross Receipts: $1,178,480
Assets and Liabilities:
- Total Assets: $2,232,206
- Total Liabilities: $443
- Net Assets: $2,231,763
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Organization Details
Founding Year
2000
Phone
(843) 662-9996Principal Officer
Jeff Helton
Main Address
320 WEST CHEVES STREET 175, FLORENCE, SC, 29501
Website
www.theschoolfoundation.orgNTEE Category
Code: T30 - Philanthropy
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