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The Fund For Teachers

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760679535 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Fund For Teachers?

The Fund for Teachers is a distinguished nonprofit organization situated in Houston, Texas, at 55 Waugh Drive STE 603. Their primary mission is to empower exceptional educators by funding their personal growth and development through grants. This investment in teachers' self-determined professional advancement is aimed at enhancing their instructional skills, enriching their own practice, and ultimately strengthening their schools and communities. By doing so, they aim to support student success and contribute to their overall well-being. The Fund for Teachers has granted 337 such opportunities to outstanding educators and school districts, playing a significant role in the educational landscape.


Official website here: www.fundforteachers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.

The Fund For Teachers has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based solely on their exceptional performance in the Accountability & Finance beacon, with a score of 100%. The organization demonstrates effective governance with 90% independent board members and solid financial oversight, which is crucial for transparency and trust among donors.

Financially, The Fund For Teachers allocates 78.70% of its expenses directly to its programs, reflecting a strong commitment to its mission and efficient use of resources. The organization has also successfully maintained a low liabilities-to-assets ratio of 3.57%, showcasing financial stability. In addition, it adheres to best practices with policies in place for conflict of interest, whistleblower protection, and document retention.

While the data highlights significant strengths, it does not mention any specific limitations or areas for improvement, suggesting that The Fund For Teachers is currently operating effectively and responsibly. Overall, the organization's high rating demonstrates its commitment to accountability and effective financial management, making it a noteworthy option for potential donors.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Fund For Teachers?

98% of 27 reviewers on Facebook recommend The Fund For Teachers. Here is a summary of their reviews:

Overall, the sentiments expressed by supporters are overwhelmingly positive, with many praising the organization for its impact on educators and their professional development. Reviewers highlight the fantastic support provided to teachers, which enhances their teaching methods and positively influences their students' learning experiences.

Additionally, the appreciation for the nonprofit's mission and effectiveness in empowering educators is evident. Many feel that the opportunities funded by The Fund For Teachers are invaluable, allowing educators to grow and inspire their students through enriched learning experiences.


This AI summary has been generated from reviews found on Facebook.

Is The Fund For Teachers legitimate?

The Fund For Teachers is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Teachers 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: $493,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $417,882

For more financial information, click here


Official website here: www.fundforteachers.org

What is the mission statement of The Fund For Teachers?

The mission of The Fund For Teachers is to enhance instruction by investing in the self-determined professional growth and development of outstanding teachers. This initiative aims to support student success, enrich the teachers' own practice, and strengthen their schools and communities. By awarding grants to educators of distinguished status and school districts, The Fund For Teachers encourages continued education and training, thereby contributing to a more enriching educational environment.


Official website here: www.fundforteachers.org

Who is the CEO of The Fund For Teachers?

Karen Kovach-Webb is the Director of The Fund For Teachers.


Official website here: www.fundforteachers.org

What is the revenue of The Fund For Teachers?

The Fund For Teachers's revenue in 2022 was $1,919,594.


Official website here: www.fundforteachers.org

Who are the executives of The Fund For Teachers and what are their salaries?

There 600 volunteers at The Fund For Teachers.


Here are 14 key members and their salaries:


Peggy Brookins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Challener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothea V Engler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Gulla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kovach-Webb (President/Executive Direct)
  • Compensation: $185,660
  • Related: $0
  • Other: $0
Kate Madsen Kraycirik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher A Santiago (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doannie Tran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonas Zuckerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Scholes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Ascherl (Coo/Secretary/Treasurer)
  • Compensation: $137,920
  • Related: $0
  • Other: $0
Patti Mckee (Chief Financial Officer)
  • Compensation: $169,750
  • Related: $0
  • Other: $0
Carrie Caton (Director Of Communications)
  • Compensation: $116,700
  • Related: $0
  • Other: $0
Salma Zaky (Program Manager)
  • Compensation: $100,790
  • Related: $0
  • Other: $0


Official website here: www.fundforteachers.org

Where can I find the form 990 for The Fund For Teachers?

The Fund For Teachers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fundforteachers.org

Learn more at the official website: www.fundforteachers.org

Mission Statement of The Fund For Teachers

The Fund for Teachers strengthens instruction by investing in the self-determined professional growth and development of outstanding teachers. This nonprofit organization aims to support student success, enrich teachers' own practice, and strengthen their schools and communities. By awarding grants to educators of distinguished status and school districts, The Fund for Teachers enables educators to continue their education and training, thereby enhancing their teaching skills and contributing positively to their educational environments.

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Impact




July, 2024

The Fund For Teachers has a significant impact on education by strengthening instruction through investing in outstanding teachers' self-determined professional growth and development. This investment supports student success, enriches teachers' own practice, and ultimately strengthens schools and communities. In its latest efforts, the Fund For Teachers awarded 337 grants to educators of distinguished status and school districts, enabling them to continue their education and training. By empowering teachers in this way, the Fund For Teachers contributes directly to enhancing the quality of education and fostering a culture of continuous improvement in schools nationwide.




This information is meant to be a general summary of The Fund For Teachers. 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.

Revenue
$1,919,594 (2022)
Expenses
$3,211,725 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $954,049
  • Gross Receipts: $4,014,020

Assets and Liabilities:

  • Total Assets: $18,198,855
  • Total Liabilities: $650,394
  • Net Assets: $17,548,461

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Organization Details

Founding Year

2001

Principal Officer

Karen Kovach-Webb

Main Address

55 WAUGH DRIVE STE 603, HOUSTON, TX, 77007

NTEE Category

Code: B99 - Education

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