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Granite Education Foundation

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

EIN: 942951639 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Granite Education Foundation?

The Granite Education Foundation is a nonprofit organization situated in Salt Lake City, Utah. Its primary purpose is to enhance educational outcomes within the Granite School District community. They achieve this aim by engaging local businesses and community partners to support the district and its students, with a vision to equip Granite School District students with opportunities to thrive in higher education, careers, and life. Annually, the foundation awards needs-based scholarships to deserving students, ranging from $500 to $1,500, to help them transition seamlessly from high school graduation into accredited colleges, universities, or technical colleges.


Official website here: www.graniteeducationfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

The Granite Education Foundation has earned a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization scored 93% in this category, demonstrating effective management and transparency, with a 100% independent board and robust financial oversight mechanisms in place. The foundation's program expense ratio is commendable at 88.97%, indicating that a significant portion of its funding is directed toward its educational initiatives.

In addition to its financial strengths, the foundation has also achieved a perfect score in the Culture & Community category, showcasing its commitment to stakeholder feedback and community engagement. The organization effectively collects and utilizes feedback from its community, ensuring that its programs align with the needs and preferences of those it serves.

Overall, the Granite Education Foundation exemplifies a well-managed nonprofit with transparent operations and a strong community focus. There are no noted limitations in the available data, suggesting that the foundation maintains a strong and effective presence in its mission to support education in the community.


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

Is Granite Education Foundation legitimate?

Granite Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Granite 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: $139,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $399,249

For more financial information, click here


Official website here: www.graniteeducationfoundation.org

What is the mission statement of Granite Education Foundation?

The Granite Education Foundation's mission is centered around enhancing educational outcomes. They achieve this by fostering a strong connection between the Granite School District community, businesses, and local partners. This collaboration is aimed at supporting the Granite School District and the academic success of all its students. The organization's vision is to equip these students with opportunities that enable them to excel in higher education, careers, and life.


Official website here: www.graniteeducationfoundation.org

Who is the CEO of Granite Education Foundation?

Jadee Talbot is the Ceo of Granite Education Foundation. The CEO's salary of Granite Education Foundation is $0 and their total compensation is $205,171.


Official website here: www.graniteeducationfoundation.org

What is the revenue of Granite Education Foundation?

Granite Education Foundation's revenue in 2022 was $3,029,089.


Official website here: www.graniteeducationfoundation.org

Who are the executives of Granite Education Foundation and what are their salaries?

There 9923 volunteers at Granite Education Foundation.


Here are 15 key members and their salaries (Granite Education Foundation's CEO's salary is $0 and their total compensation is $205,171):


Jadee Talbot (Ceo)
  • Compensation: $0
  • Related: $139,555
  • Other: $65,616
Anthony Bennett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robynn Eccles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Ferrerons Font (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Heyduk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Madsen Ii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Johnson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Laws (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Marchant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katharine Newton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Norton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Raguskus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina West (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Woodbury (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.graniteeducationfoundation.org

Where can I find the form 990 for Granite Education Foundation?

Granite Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.graniteeducationfoundation.org

Learn more at the official website: www.graniteeducationfoundation.org

Mission Statement of Granite Education Foundation

The Granite Education Foundation, a nonprofit organization, is dedicated to enhancing educational outcomes within the Granite School District community. This mission is achieved by engaging business and community partners in supporting the district, with the ultimate goal of boosting the academic achievement of all its students. The foundation envisions preparing Granite School District students with opportunities for success in higher education, careers, and life. By fostering such a supportive environment, the Granite Education Foundation strives to contribute significantly to the overall development and future prospects of its students.

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Impact




July, 2024

Granite Education Foundation plays a crucial role in improving educational outcomes within the Granite School District community. By engaging business and community partners, the Foundation supports the academic achievement of all students in the district. The Foundation's impact is evident in the annual awarding of needs-based scholarships to students, ranging from $500 to $1,500. These scholarships serve as a stepping stone for students to pursue further education in accredited colleges, universities, or technical colleges. This direct support helps prepare Granite School District students for success in higher education, careers, and life.




This information is meant to be a general summary of Granite 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.

Revenue
$3,029,089 (2022)
Expenses
$3,231,950 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $84,694
  • Gross Receipts: $3,029,089

Assets and Liabilities:

  • Total Assets: $3,539,208
  • Total Liabilities: $1,056,831
  • Net Assets: $2,482,377

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Organization Details

Founding Year

1988

Principal Officer

Jadee Talbot

Main Address

2500 S STATE STREET, SALT LAKE CITY, UT, 84115

NTEE Category

Code: B00I - Education

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