Overview
What is Knox Education Foundation?
The Knox Education Foundation, located in Knoxville, Tennessee, serves as a catalyst for enhancing public education. With a team of 44 dedicated individuals, the foundation invests in and advocates for innovative programs, partnerships, and initiatives to foster outstanding outcomes for all students. Their work encompasses special projects, which are pilot initiatives aimed at evaluating their long-term viability and impact. These projects primarily focus on foundational academic skills, effective educators, pathways and pipelines, and ensuring success for all students. In essence, the Knox Education Foundation plays a significant role in driving transformation within the public education sector.
Official website here: www.knoxed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Knox Education Foundation has received a solid Three-Star rating from Charity Navigator, primarily based on its strong accountability and finance practices. With an overall score of 88%, the organization demonstrates a commitment to transparency and ethical governance, as evidenced by its fully independent board and thorough financial oversight. The high scores in metrics such as independent board size and program expense ratio indicate effective resource allocation towards its educational initiatives.
Strengths of the foundation include a well-structured governance framework with 100% of board members being independent, and a solid audit and oversight committee that ensures financial integrity. The absence of material diversions of assets further solidifies the foundation's reliability as a steward of donor funds. Additionally, the organization has taken steps to publish essential documents like board meeting minutes and conflict of interest policies on its website.
However, the foundation has some areas for improvement, particularly regarding its whistleblower and document retention policies, which are currently missing. Addressing these gaps could enhance the organization's ethical framework and further boost its accountability rating. Overall, the Knox Education Foundation appears to be a reputable organization dedicated to supporting education, though attention to its governance policies could strengthen its standing even more.
This AI summary has been generated from information found on Charity Navigator.
Is Knox Education Foundation legitimate?
Knox Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knox Education Foundation 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: $224,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,604,333
For more financial information, click here
Official website here: www.knoxed.org
What is the mission statement of Knox Education Foundation?
The Knox Education Foundation serves as a catalyst for improving public education by investing in and advocating for innovative programs, partnerships, and initiatives. Their mission is to strive for excellent outcomes for all students. The foundation supports special projects that evaluate the long-term viability and impact of initiatives, focusing on foundational academic skills, effective educators, pathways and pipelines, and ensuring success for all students.
Official website here: www.knoxed.org
Who is the CEO of Knox Education Foundation?
Michael Taylor is the Board Chair of Knox Education Foundation. The CEO's salary of Knox Education Foundation is $0 and their total compensation is $0.
Official website here: www.knoxed.org
What is the revenue of Knox Education Foundation?
Knox Education Foundation's revenue in 2023 was $4,923,269.
Official website here: www.knoxed.org
Who are the executives of Knox Education Foundation and what are their salaries?
The average compensation at Knox Education Foundation during 2023 was $41,555. There are 44 employees at Knox Education Foundation.
Here are 18 key members and their salaries (Knox Education Foundation's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $106,827
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Official website here: www.knoxed.org
Where can I find the form 990 for Knox Education Foundation?
Knox Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.knoxed.org
Learn more at the official website: www.knoxed.org
Mission Statement of Knox Education Foundation
Knox Education Foundation is dedicated to serving as a catalyst for the transformation of public education. This nonprofit organization achieves this mission by investing in and advocating for innovative programs, partnerships, and initiatives. The ultimate goal is to attain excellent outcomes for all students. The foundation's approach involves spearheading special projects that serve as pilots to evaluate their long-term viability and impact. These initiatives focus on foundational academic skills, effective educators, pathways and pipelines, and ensuring success for all students. By doing so, Knox Education Foundation aims to contribute significantly to the improvement of public education.
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Impact
July, 2024
Knox Education Foundation serves as a catalyst for the transformation of public education in Knoxville, TN. Their focus on investing in and advocating for innovative programs, partnerships, and initiatives aims to achieve excellent outcomes for all students. Through special projects that evaluate long-term viability and impact, the foundation addresses foundational academic skills, effective educators, pathways and pipelines, and success for all students. By supporting these initiatives, Knox Education Foundation contributes to the improvement and advancement of education in the community.
This information is meant to be a general summary of Knox Education Foundation. 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: $90,812
- Gross Receipts: $4,923,269
Assets and Liabilities:
- Total Assets: $6,543,232
- Total Liabilities: $645,871
- Net Assets: $5,897,361
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Organization Details
Founding Year
2001
Phone
(865) 370-2300Principal Officer
Michael Taylor
Main Address
505 SUMMER PLACE UTT 385, KNOXVILLE, TN, 37902
Website
www.knoxed.orgNTEE Category
Code: B12 - Education
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