Overview
What is Portola Valley Schools Foundation?
Portola Valley Schools Foundation, established in 1989, is a nonprofit organization located in Portola Valley, California. Its primary purpose is to augment the financial resources provided to the Portola Valley School District by the state of California. This foundation aims to enrich educational experiences for the district's students by distributing funds as requested by the School Board of Trustees, operating under the guidelines of a tax-exempt foundation. The Portola Valley Schools Foundation focuses on offering general financial support to the district to enhance its educational programs and opportunities.
Official website here: www.pvschoolsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 69%)
The Portola Valley Schools Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations and governance. The organization scored 69%, which reflects a solid performance in certain areas, such as having a majority of independent board members and a strong program expense ratio of 94.92%. This suggests that a significant portion of its funding is being directed toward its programs rather than administrative costs.
However, the foundation has notable weaknesses, particularly in its governance practices. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps in governance could raise concerns about transparency and accountability, which are critical for building trust with donors and stakeholders.
Despite these challenges, the organization demonstrates strong financial health, with no liabilities to assets ratio, indicating stability. Continued focus on improving governance policies could enhance its rating and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Portola Valley Schools Foundation legitimate?
Portola Valley Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portola Valley 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: $0
For more financial information, click here
Official website here: www.pvschoolsfoundation.org
What is the mission statement of Portola Valley Schools Foundation?
The Portola Valley Schools Foundation's mission is to offer financial assistance to enhance educational opportunities within the Portola Valley School District. Established in December 1989, its primary goal is to supplement the funds provided by the State of California and provide additional resources to enhance the educational experience for students within the district. The foundation distributes these funds as requested by the School Board of Trustees, ensuring compliance with the operation of a tax-exempt foundation. By offering financial support, the foundation aims to enrich the educational experience for students in the district.
Official website here: www.pvschoolsfoundation.org
Who is the CEO of Portola Valley Schools Foundation?
Christopher Selden is the Co-President of Portola Valley Schools Foundation.
Official website here: www.pvschoolsfoundation.org
What is the revenue of Portola Valley Schools Foundation?
Portola Valley Schools Foundation's revenue in 2022 was $1,334,903.
Official website here: www.pvschoolsfoundation.org
Who are the executives of Portola Valley Schools Foundation and what are their salaries?
There 23 volunteers at Portola Valley Schools Foundation.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pvschoolsfoundation.org
Where can I find the form 990 for Portola Valley Schools Foundation?
Portola Valley Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvschoolsfoundation.org
Learn more at the official website: www.pvschoolsfoundation.org
Mission Statement of Portola Valley Schools Foundation
The Portola Valley Schools Foundation, established in December 1989, is dedicated to providing financial support to enhance educational opportunities for students within the Portola Valley School District. This nonprofit organization serves as a supplement to the funds allocated by the state of California, aiming to supplement the district's resources and enrich its educational offerings. The foundation's mission is to work in alignment with the Portola Valley School District's Board of Trustees, distributing funds in accordance with the guidelines of a tax-exempt foundation. By doing so, the Portola Valley Schools Foundation plays a significant role in bolstering the educational experience for its students, ensuring they benefit from a well-rounded and enriched educational journey.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of Portola Valley Schools Foundation is seen in the enhanced educational opportunities it provides for the students of the Portola Valley School District. By raising funds to supplement the resources allocated by the state, the foundation plays a crucial role in ensuring that the students have access to a well-rounded education. This support helps in enriching the learning environment, fostering academic growth, and promoting success for the students. Overall, the foundation's impact is instrumental in promoting excellence in education within the Portola Valley community.
This information is meant to be a general summary of Portola Valley 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 2022.
- Investment Income: $108,286
- Gross Receipts: $1,412,308
Assets and Liabilities:
- Total Assets: $6,131,950
- Total Liabilities: $0
- Net Assets: $6,131,950
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(650) 851-1777Principal Officer
Christopher Selden
Main Address
4575 ALPINE ROAD, PORTOLA VALLEY, CA, 94028
Website
www.pvschoolsfoundation.orgNTEE Category
Code: B94Z - Education
If you are a representative of Portola Valley Schools Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.