Overview
What is Houston Independent School District Foundation?
The Houston Independent School District Foundation is a nonprofit organization based in Houston, Texas, with a focus on supporting the Houston Independent School District and its mission of delivering quality education to every student in a secure environment. Established in 1993, the foundation is led by a volunteer board comprising local business leaders, industry professionals, and community members. Its primary role is to collaborate with the district's Superintendent, Board of Education, and the city's philanthropic community to raise funds and offer assistance to teachers, students, and parents. The foundation aims to increase student academic achievement, bridge the minority achievement gap, and foster the growth and retention of effective educators in all classrooms. It also believes in the importance of equity, literacy, innovation, college access, and talented individuals in preparing students for higher education and the workforce.
Official website here: www.houstonisdfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
The Houston Independent School District Foundation has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. With a perfect score of 100% in key areas such as independent board governance and financial oversight, the organization demonstrates a robust operational structure that prioritizes transparency and responsible fiscal practices.
The foundation showcases a high program expense ratio of 91.81%, indicating that a significant portion of its funds is directed toward its mission-driven programs. Additionally, the fundraising efficiency is notably effective, with only $0.022 spent to raise a dollar, highlighting the organization's ability to maximize donor contributions for impactful use.
While the foundation excels in various financial metrics and has no reported issues related to asset diversion or financial liabilities, it is crucial for potential donors to continue supporting organizations that maintain such high standards. Overall, the Houston Independent School District Foundation stands out as a highly accountable and financially sound nonprofit, making it a reliable choice for contributors looking to make a difference in education.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Independent School District Foundation legitimate?
Houston Independent School District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Independent School District 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: $142,453
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,986
For more financial information, click here
Official website here: www.houstonisdfoundation.org
What is the mission statement of Houston Independent School District Foundation?
The Houston Independent School District Foundation's mission is centered around mobilizing the local community to support innovative priorities beyond the district's regular budget, aimed at improving educational outcomes for all students. The foundation's primary objective is to fund meritorious projects and programs that are not included in the district's operational expenditure. By working closely with the district's superintendent, board of education, and local business and philanthropic leaders, the foundation raises funds to support teachers, students, and parents. Their goal is to enhance academic achievement, eliminate the achievement gap, and foster the development and retention of effective educators in every classroom. The foundation also promotes equity, literacy, innovation, college access, and the importance of having exceptional personnel to ensure students are well-prepared for higher education and the workforce.
Official website here: www.houstonisdfoundation.org
Who is the CEO of Houston Independent School District Foundation?
Katherine Smith is the Chair of Houston Independent School District Foundation.
Official website here: www.houstonisdfoundation.org
What is the revenue of Houston Independent School District Foundation?
Houston Independent School District Foundation's revenue in 2022 was $2,679,133.
Official website here: www.houstonisdfoundation.org
Who are the executives of Houston Independent School District Foundation and what are their salaries?
The average compensation at Houston Independent School District Foundation during 2022 was $88,813. There are 3 employees and 17 volunteers at Houston Independent School District Foundation.
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Official website here: www.houstonisdfoundation.org
Where can I find the form 990 for Houston Independent School District Foundation?
Houston Independent School District Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houstonisdfoundation.org
Learn more at the official website: www.houstonisdfoundation.org
Mission Statement of Houston Independent School District Foundation
The Houston Independent School District Foundation's mission is centered around mobilizing the local community to back innovative priorities within the Houston Independent School District, with the ultimate goal of enhancing outcomes for all students in the district. This nonprofit organization is dedicated to funding projects and programs that fall beyond the district's operating budget, aiming to bridge any gaps and support the district's commitment to providing every student with a quality education. The Foundation works closely with the district's leaders and the philanthropic community to raise funds, providing support to teachers, students, and parents, thereby boosting awareness of the district's educational initiatives. The Foundation's efforts are directed towards bolstering school-based programs and initiatives aimed at boosting student academic achievement, eliminating the minority achievement gap, and fostering the development and retention of effective educators in every classroom.
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Impact
July, 2024
The Houston Independent School District Foundation plays a crucial role in supporting the Houston Independent School District's schools and programs. Established in 1993, the Foundation works tirelessly to ensure that every student receives a consistently rigorous education in a safe environment. By partnering with the district's leadership, local businesses, and community members, the Foundation raises funds to provide support for teachers, students, and parents, ultimately contributing to increasing student academic achievement, eliminating achievement gaps, and retaining effective educators in every classroom. Through its focus on equity, literacy, innovation, college access, and cultivating excellent educators, the Foundation's impact extends beyond just financial support, helping to prepare students for success in both college and the workforce. The Foundation's dedication to mobilizing the community towards improving outcomes for all students demonstrates its commitment to enhancing the quality of education within the district.
This information is meant to be a general summary of Houston Independent School District 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 2022.
- Investment Income: $1,196
- Gross Receipts: $2,842,350
Assets and Liabilities:
- Total Assets: $6,149,865
- Total Liabilities: $114,165
- Net Assets: $6,035,700
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Organization Details
Founding Year
1993
Phone
(713) 556-7204Principal Officer
Katherine Smith
Main Address
PO Box 27904, Houston, TX, 77227
Website
www.houstonisdfoundation.orgNTEE Category
Code: T31 - Philanthropy
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