Overview
What is Buncombe County Schools Foundation Inc?
Buncombe County Schools Foundation Inc, located in Asheville, North Carolina, is a nonprofit organization committed to enhancing education within the Buncombe County School System. They achieve this by establishing partnerships with local individuals, businesses, corporations, and other foundations. Their primary mission is to provide additional resources to the educators, staff, and students in the district. One of their key initiatives is the Teacher Innovation Grants, which allow teachers to expand their classrooms through creative enhancements and curriculum-focused grants, distributing over $36,000 during the school year. These funds also contribute to important curriculum enhancements across various grade levels, from K to 13. Overall, the Foundation aims to make a significant and immediate impact on the education system in Buncombe County.
Official website here: www.foundation.buncombeschools
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Buncombe County Schools Foundation Inc has received a rating of 83%, indicating a solid performance in accountability and finance. The organization boasts a perfect score in areas such as independent board member composition and financial oversight. With a program expense ratio of 83.22%, the foundation demonstrates a commitment to allocating resources towards its educational initiatives effectively.
While the foundation excels in many areas, it has noted gaps in policies related to conflict of interest, whistleblower protections, and document retention. These missing policies could pose challenges to organizational transparency and ethical governance. Additionally, the culture and community score stands at 77%, suggesting there may be room for improvement in fostering an inclusive and equitable environment within the organization.
Despite these limitations, Buncombe County Schools Foundation Inc shows a strong commitment to its mission and community impact. The focus on maintaining a majority independent board and effective financial practices points to a dedication to accountability, making it a reliable choice for donors seeking to support educational initiatives in the area.
This AI summary has been generated from information found on Charity Navigator.
Is Buncombe County Schools Foundation Inc legitimate?
Buncombe County Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buncombe County 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:
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Official website here: www.foundation.buncombeschools
What is the mission statement of Buncombe County Schools Foundation Inc?
Buncombe County Schools Foundation Inc's mission is centered around establishing collaborations with local entities, including individuals, businesses, corporations, and other foundations. The primary objective of these partnerships is to provide extra financial support to educators, staff, and students within the Buncombe County School System. To accomplish this mission, the foundation has three key initiatives: Teacher Innovation Grants, which aim to enhance teachers' classrooms and curriculum through creativity and additional resources; funding for important curriculum enhancements across various grade levels; and the distribution of more than $36,000 for these purposes during a given school year.
Official website here: www.foundation.buncombeschools
What is the revenue of Buncombe County Schools Foundation Inc?
Buncombe County Schools Foundation Inc's revenue in 2024 was $1,158,157.
Official website here: www.foundation.buncombeschools
Who are the executives of Buncombe County Schools Foundation Inc and what are their salaries?
There 40 volunteers at Buncombe County Schools Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.foundation.buncombeschools
Where can I find the form 990 for Buncombe County Schools Foundation Inc?
Buncombe County Schools Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foundation.buncombeschools
Learn more at the official website: www.foundation.buncombeschools
Mission Statement of Buncombe County Schools Foundation Inc
Buncombe County Schools Foundation, a nonprofit organization, is dedicated to establishing collaborations with local entities such as individuals, businesses, corporations, and other foundations. The primary objective of this collaboration is to provide additional resources to the educators, staff, and students within the Buncombe County School System. By establishing these partnerships, the foundation aims to support education in the region, enhancing learning opportunities and fostering a conducive environment for academic growth. Through their mission, Buncombe County Schools Foundation seeks to make an immediate and significant impact on the schools within the district, allocating funds for curriculum enhancements and creative teacher initiatives, as demonstrated by the distribution of over $36,000 in Teacher Innovation Grants during the previous school year.
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Impact
July, 2024
Buncombe County Schools Foundation Inc has a significant impact on the education system in Buncombe County. Through their Teacher Innovation Grants program and other funding initiatives, they support educators in expanding their classrooms through enhancements and creativity, ultimately benefiting students across the district. As a result of their efforts, more than $36,000 was distributed during the school year to support important curriculum enhancements and provide additional resources to educators, staff, and students in Buncombe County Schools.
This information is meant to be a general summary of Buncombe County 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: $149,910
- Program Service Revenue: $16,871
- Gross Receipts: $1,168,541
Assets and Liabilities:
- Total Assets: $4,741,300
- Total Liabilities: $13,850
- Net Assets: $4,727,450
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fund Administration Fees
Revenue
$16,871
Organization Details
Founding Year
1987
Principal Officer
Alex Diez
NTEE Category
Code: T31 - Philanthropy
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