Overview
What is Redwood City Education Foundation?
The Redwood City Education Foundation is a nonprofit organization based in Redwood City, California, with a mission to enhance public education for every student in the Redwood City School District. They achieve this by investing in people and organizations that share their vision of providing a world-class education. Their initiatives include the Music for Learning Program, which offers classroom music education to students in grades 2 through 5 at 12 schools, and supplies instrumental music for middle school students. Another program, Outdoor Education, takes fifth-graders to Jones Gulch for a week-long adventure, promoting science, mathematics, language arts, and physical fitness. Smart Grants aim to introduce innovation into the classroom in math, science, technology, and the arts. The foundation collaborates with the Redwood City School District to support their educational goals and engage the community in their mission.
Official website here: www.rcef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 70%)
The Redwood City Education Foundation (RCEF) has received a "Needs Improvement" rating, indicating some concerns in accountability and finance. While the organization has a high program expense ratio of 84.74% and 100% independent board members, it lacks crucial policies such as conflict of interest and whistleblower protections, which led to lower scores in these areas. Despite these limitations, RCEF maintains a positive balance of liabilities to assets, demonstrating financial stability.
User feedback highlights RCEF's strong commitment to promoting educational equity within the Redwood City School District, especially for underserved students. Board members and volunteers praise the foundation's proactive approach in funding essential programs, including academic and mental health services, particularly in response to challenges posed by the COVID-19 pandemic. The organization is recognized for its transparency and dedication to addressing the most pressing needs of local families and schools.
Overall, while RCEF is making significant strides in improving educational opportunities for vulnerable populations, it faces challenges in governance practices that may hinder its full potential. Continued efforts to enhance organizational policies will be essential for increasing its accountability and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Redwood City Education Foundation legitimate?
Redwood City Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood City Education 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: $90,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,580
For more financial information, click here
Official website here: www.rcef.org
What is the mission statement of Redwood City Education Foundation?
The Redwood City Education Foundation invests in individuals and organizations working towards providing excellent public education for every student in their district. They rally their community to help bridge the gap between the resources available and those required for students to succeed academically. The foundation convenes leaders across the city to support their shared goal: ensuring a high-quality public education for every child in their community. Their mission is centered around advocating for and supporting initiatives that enhance the educational experience for all students, ultimately striving for academic success and personal growth.
Official website here: www.rcef.org
Who is the CEO of Redwood City Education Foundation?
Shannon Petrello is the President of Redwood City Education Foundation.
Official website here: www.rcef.org
What is the revenue of Redwood City Education Foundation?
Redwood City Education Foundation's revenue in 2022 was $1,201,476.
Official website here: www.rcef.org
Who are the executives of Redwood City Education Foundation and what are their salaries?
The average compensation at Redwood City Education Foundation during 2022 was $55,998. There are 2 employees and 150 volunteers at Redwood City Education Foundation.
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- Compensation: $90,417
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Official website here: www.rcef.org
Where can I find the form 990 for Redwood City Education Foundation?
Redwood City Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rcef.org
Learn more at the official website: www.rcef.org
Mission Statement of Redwood City Education Foundation
The Redwood City Education Foundation is committed to investing in individuals and organizations that strive to deliver a top-notch public education for every student within the Redwood City School District. This nonprofit organization rallies the entire community to assist in bridging the gap between the resources currently available in the district and the resources required for students to thrive academically. By convening leaders across the city, Redwood City Education Foundation supports a shared objective: ensuring a high-quality public education for every child in the community.
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Impact
July, 2024
The Redwood City Education Foundation plays a crucial role in enhancing the quality of education for every student in the Redwood City School District. By investing in programs like the Music for Learning initiative, Outdoor Education Program, and SMART Grants, the foundation bridges the gap between available resources and the needs of students. Through these efforts, it ensures that students have access to comprehensive educational experiences in areas such as music, outdoor learning, and innovative classroom practices. The foundation's impact extends to promoting physical fitness and supporting academic development, ultimately contributing to a more enriching and inclusive educational environment for all students in the district.
This information is meant to be a general summary of Redwood City Education 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: $305
- Gross Receipts: $1,201,476
Assets and Liabilities:
- Total Assets: $1,912,695
- Total Liabilities: $46
- Net Assets: $1,912,649
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Organization Details
Founding Year
1983
Phone
(650) 568-0233Principal Officer
Shannon Petrello
Main Address
750 BRADFORD ST, REDWOOD CITY, CA, 940643046
Website
www.rcef.orgNTEE Category
Code: Z99Z - Unknown
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