Overview
What is Santa Clara Schools Foundation?
The Santa Clara Schools Foundation is a nonprofit organization situated in Santa Clara, California. With a sole employee, their primary mission is to offer financial backing to educational programs that cater to the students of Santa Clara Unified School District. By conducting various fundraising activities, they aim to bolster both classroom-specific and district-wide initiatives, thereby enhancing the overall learning experience for the students. The foundation's purpose is centered around supporting the educational growth and development of the students in Santa Clara Unified School District.
Official website here: www.santaclaraschoolsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The Santa Clara Schools Foundation has received a Two-Star rating from Charity Navigator, indicating that it needs improvement in several areas. While the organization has a program expense ratio of 81.76%, which suggests a strong focus on its programs, it falls short in governance and financial transparency, as highlighted by a lack of independent board members and no financial statements available for review.
Despite these concerns, the foundation demonstrates several positive attributes, including effective policies such as a conflict of interest policy, whistleblower policy, and a document retention policy, all of which are in place and listed on their website. Additionally, the organization has a solid liability-to-assets ratio of 0.00%, indicating sound financial health in terms of debt management.
However, the absence of independent board members raises questions about oversight and accountability. Stakeholders may want to monitor the foundation's governance practices closely and encourage improvements to enhance its effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Clara Schools Foundation legitimate?
Santa Clara Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Clara Schools 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,100
For more financial information, click here
Official website here: www.santaclaraschoolsfoundation.org
What is the mission statement of Santa Clara Schools Foundation?
The Santa Clara Schools Foundation's mission, as stated, is centered around supporting the students and programs of the Santa Clara Unified School District. This is achieved through active fundraising efforts, with the ultimate goal of providing financial assistance to both classroom-specific and district-wide initiatives that contribute positively to the educational experiences of the students. The foundation's activities are geared towards ensuring that the students have access to the necessary resources to thrive and succeed academically.
Official website here: www.santaclaraschoolsfoundation.org
Who is the CEO of Santa Clara Schools Foundation?
Margaret Demorest is the President of Santa Clara Schools Foundation.
Official website here: www.santaclaraschoolsfoundation.org
What is the revenue of Santa Clara Schools Foundation?
Santa Clara Schools Foundation's revenue in 2023 was $540,937.
Official website here: www.santaclaraschoolsfoundation.org
Who are the executives of Santa Clara Schools Foundation and what are their salaries?
The average compensation at Santa Clara Schools Foundation during 2023 was $105,100. There is 1 employee at Santa Clara Schools Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.santaclaraschoolsfoundation.org
Where can I find the form 990 for Santa Clara Schools Foundation?
Santa Clara Schools Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.santaclaraschoolsfoundation.org
Learn more at the official website: www.santaclaraschoolsfoundation.org
Mission Statement of Santa Clara Schools Foundation
The Santa Clara Schools Foundation is dedicated to supporting the educational journey of students within the Santa Clara Unified School District. With a mission that extends beyond mere financial backing, this organization actively fundraises to provide essential resources for both classroom-based and district-wide programs. By doing so, the Santa Clara Schools Foundation aims to enhance the learning experience and opportunities for the district's students. The foundation's efforts are geared towards empowering the educational community, ensuring that every student has access to the necessary tools and resources for their academic growth and development.
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Impact
July, 2024
Santa Clara Schools Foundation's impact is evident in the direct financial support it provides to classroom and district-wide programs that benefit the students of the Santa Clara Unified School District. Through active fundraising efforts, the foundation contributes to enhancing education and opportunities for students in Santa Clara, California.
This information is meant to be a general summary of Santa Clara Schools 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: $2,034
- Gross Receipts: $560,937
Assets and Liabilities:
- Total Assets: $377,179
- Total Liabilities: $0
- Net Assets: $377,179
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Organization Details
Founding Year
1992
Principal Officer
Margaret Demorest
Main Address
PO Box 1369, Santa Clara, CA, 95052
NTEE Category
Code: B11 - Education
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