Overview
What is Hillsborough Schools Foundation?
The Hillsborough Schools Foundation is a nonprofit organization situated in Hillsborough, California. Its primary mission is to bolster the financial support for the public schools within the Hillsborough area, as funding from public and other sources may fall short in providing top-notch educational programs and opportunities for the community's children. The foundation achieves this goal by managing the Fred Schwartz Endowment Fund, a supplemental financial resource, which is utilized for various purposes such as enhancing educational programs, purchasing academic materials, and employing personnel like curriculum specialists. The Hillsborough Schools Foundation raises funds through its annual giving campaign, which involves soliciting contributions from parents and the community. This campaign ensures that the Hillsborough City School District receives additional funding, enriching the educational experience of its students.
Official website here: www.hsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Hillsborough Schools Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an impressive 97% score in the Accountability & Finance category, this organization demonstrates a high level of transparency and prudent financial management, crucial for maintaining donor trust and effective operations.
Key strengths include having a fully independent board and robust financial oversight mechanisms, ensuring that funds are used effectively and responsibly. The organization excels in its financial ratios, including a program expense ratio of 85.57%, indicating that a significant portion of its funds directly supports programs, and a low fundraising efficiency ratio of $0.04, which signifies that effective fundraising practices are in place.
While the rating highlights numerous strengths, it's essential for potential donors to consider the overall impact of the organization in terms of program outreach and community engagement, as these aspects are not reflected in financial metrics alone. Nonetheless, the Hillsborough Schools Foundation stands out as a well-managed nonprofit committed to its mission and community.
This AI summary has been generated from information found on Charity Navigator.
Is Hillsborough Schools Foundation legitimate?
Hillsborough Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillsborough 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: $124,945
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,454
For more financial information, click here
Official website here: www.hsf.org
What is the mission statement of Hillsborough Schools Foundation?
The Hillsborough Schools Foundation's primary mission is to provide supplementary financial support for the public schools in Hillsborough, California. This is necessary when funding from public and other sources falls short of providing high-quality educational programs and opportunities for the community's children. The financial aid provided by the foundation can be utilized for various purposes, such as developing and enhancing educational programs, purchasing academic materials like books and specialized equipment, and funding personnel, such as curriculum specialists. In line with this goal, the foundation manages the Fred Schwartz Endowment Fund, serving as an additional financial resource for the benefit of the Hillsborough public schools.
Official website here: www.hsf.org
Who is the CEO of Hillsborough Schools Foundation?
Amy Jasmer is the Executive Director of Hillsborough Schools Foundation.
Official website here: www.hsf.org
What is the revenue of Hillsborough Schools Foundation?
Hillsborough Schools Foundation's revenue in 2022 was $5,673,314.
Official website here: www.hsf.org
Who are the executives of Hillsborough Schools Foundation and what are their salaries?
The average compensation at Hillsborough Schools Foundation during 2022 was $59,350. There are 4 employees and 200 volunteers at Hillsborough Schools Foundation.
Here are 23 key members and their salaries:
- Compensation: $138,512
- Related: $0
- Other: $10,928
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hsf.org
Where can I find the form 990 for Hillsborough Schools Foundation?
Hillsborough Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hsf.org
Learn more at the official website: www.hsf.org
Mission Statement of Hillsborough Schools Foundation
The Hillsborough Schools Foundation is an organization devoted to providing supplementary financial aid for the public schools in Hillsborough, California. When funding from public and other sources falls short, this foundation steps in to ensure high-quality educational programs and opportunities for the community's children. The financial support provided by the Hillsborough Schools Foundation can be utilized in various ways, such as developing and enhancing educational programs, purchasing academic materials like books and specialized equipment, and funding personnel, such as curriculum specialists. In an effort to achieve this mission, the foundation manages the Fred Schwartz Endowment Fund as an additional financial resource for the benefit of the Hillsborough Public Schools.
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 Hillsborough Schools Foundation's impact is significant in providing supplementary financial support for the public schools of Hillsborough, California. Through their annual giving campaign, they raise funds from parents and the community to make grants to the Hillsborough City School District. These funds serve as supplemental funding to the school district budget, enabling the development and enhancement of educational programs, purchase of books, specialized equipment, academic materials, and funding personnel such as curriculum specialists. This support ensures high-quality educational programs and opportunities for the children in the community, especially when funding from public and other sources is inadequate. By managing the Fred Schwartz Endowment Fund, the foundation further enhances its financial resources for the benefit of Hillsborough's public schools.
This information is meant to be a general summary of Hillsborough 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: $956,520
- Gross Receipts: $7,441,615
Assets and Liabilities:
- Total Assets: $16,936,233
- Total Liabilities: $3,822,818
- Net Assets: $13,113,415
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1979
Phone
(650) 344-6685Principal Officer
Amy Jasmer
Main Address
300 EL CERRITO AVENUE, HILLSBOROUGH, CA, 94010
Website
www.hsf.orgNTEE Category
Code: B120 - Education
If you are a representative of Hillsborough 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.