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Cupertino Educational Endowment

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

EIN: 770073617 ✦ Cupertino, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cupertino Educational Endowment?

Cupertino Educational Endowment (CEEF) is a 501(c)3 nonprofit organization established in 1984, based in Cupertino, California. Its primary mission is to support the Cupertino Union School District (CUSD) and its schools by providing additional funding for educational programs beyond what is available through federal and state financing. The endowment works collaboratively with CUSD, parents, and the local community to raise funds for exceptional educational programs. CEEF's efforts have enriched the learning experience for students, funding initiatives such as music, arts, math, technology, and teacher professional development. The organization's leadership is a volunteer board of community leaders, dedicated to ensuring ongoing educational excellence and stability in the CUSD. Over the past 26 years, CEEF has contributed significantly to the district, enhancing its reputation as a leader in public education.


Official website here: www.ceefcares.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating.

The Cupertino Educational Endowment has achieved an exceptional 100% rating, reflecting its strong performance in accountability and finance. This rating indicates that the organization operates with a high level of transparency and integrity, showcasing a fully independent board and no material diversion of assets, which are critical indicators of trustworthiness in the nonprofit sector.

Key strengths include a high program expense ratio of 83.18%, signifying that the majority of its funds are directed towards its educational initiatives. The organization also adheres to best practices in governance, having comprehensive policies in place for conflict of interest, whistleblowing, and document retention. The presence of detailed board meeting minutes and the posting of tax forms on its website further enhance its accountability.

While the rating is exemplary, the data suggests no noted limitations or weaknesses in the operational aspects of the organization. The Cupertino Educational Endowment stands out as a model for financial management and ethical governance among nonprofits, making it a reliable choice for donors looking to support educational causes.


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

Is Cupertino Educational Endowment legitimate?

Cupertino Educational Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cupertino Educational Endowment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ceefcares.org/

What is the mission statement of Cupertino Educational Endowment?

The Cupertino Educational Endowment, established as an independent 501(c)3 nonprofit corporation in 1984, aims to enhance educational programs beyond what is possible through federal and state funding. Working in collaboration with the local school district, parents, and the community, the organization raises funds to support excellent educational initiatives. Its mission is to provide stable, sustainable funding that ensures ongoing excellence and enriches the educational program for all students. The endowment has funded various enhancement programs, such as music, arts, math, and technology, bolstered classroom excellence by supporting innovative professional development for teachers, and partnered with parents and the community to protect teacher jobs. Over the years, it has helped the local school district maintain a high standard of quality public education by supplementing public funds with private philanthropy.


Official website here: www.ceefcares.org/

Who is the CEO of Cupertino Educational Endowment?

Stuart Rosenberg is the Director of Cupertino Educational Endowment.


Official website here: www.ceefcares.org/

What is the revenue of Cupertino Educational Endowment?

Cupertino Educational Endowment's revenue in 2022 was $879,344.


Official website here: www.ceefcares.org/

Who are the executives of Cupertino Educational Endowment and what are their salaries?

There 12 volunteers at Cupertino Educational Endowment.


Here are 10 key members and their salaries:


Brian Block (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yi Ding (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lowenthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orrin Mahoney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Rizkalla (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Rosenberg (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Stauffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanjay Tandon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ceefcares.org/

Where can I find the form 990 for Cupertino Educational Endowment?

Cupertino Educational Endowment's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ceefcares.org/

Learn more at the official website: www.ceefcares.org/

Mission Statement of Cupertino Educational Endowment

The Cupertino Educational Endowment, an independent 501(c)3 nonprofit corporation established in 1984, is dedicated to enhancing the educational experience of students in the Cupertino Union School District (CUSD). This organization works in collaboration with CUSD, parents, and the community to raise funds for exceptional educational programs that surpass what is feasible through federal and state funding. The mission of Cupertino Educational Endowment is to provide stable, sustainable funding that ensures ongoing excellence and enriches the educational program for all students in CUSD. By leveraging private support, the endowment aims to supplement public funds with philanthropy, helping CUSD maintain its reputation as a leader in public education. Over the past 26 years, Cupertino Educational Endowment has funded various enhancement programs, such as music, arts, math, and technology initiatives, bolstered classroom excellence through innovative professional development for teachers, and partnered with parents and the community to safeguard teacher jobs.

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Impact




July, 2024

Cupertino Educational Endowment's impact is significant in providing additional support and resources to enhance the educational experience for students in the Cupertino Union School District. By raising funds beyond what is possible through federal and state funding, CEEF enables the Cupertino Union School District to hire teacher aides, offer after-school educational and recreational activities, and implement specific educational programs that enrich the learning environment.

Through the foundation's grants and partnerships with the community, CEEF has contributed to the implementation of classroom music, arts, math, and technology programs. Additionally, they have supported professional development for teachers, ensuring that educators have the tools and support needed to deliver quality education.

Overall, Cupertino Educational Endowment's efforts have helped to maintain and enhance the standard of excellence in public education within the Cupertino Union School District by supplementing public funds with private philanthropy. Their commitment to enriching the educational programs for all students in the district demonstrates their dedication to ensuring high-quality education and opportunities for academic growth.




This information is meant to be a general summary of Cupertino Educational Endowment. 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
$879,344 (2022)
Expenses
$187,926 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $834,193
  • Gross Receipts: $2,382,926

Assets and Liabilities:

  • Total Assets: $7,672,417
  • Total Liabilities: $1,919
  • Net Assets: $7,670,498

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Organization Details

Founding Year

1983

Principal Officer

Stuart Rosenberg

Main Address

10301 VISTA DRIVE, CUPERTINO, CA, 95014

NTEE Category

Code: B20J - Education

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