Newburyport Education Foundation

Organization Overview

Newburyport Education Foundation is located in Newburyport, MA. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newburyport Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Newburyport Education Foundation generated $324.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $377.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Newburyport Education Foundation has awarded 20 individual grants totaling $1,652,448. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, WE CONTINUED OUR STEM INITIATIVE BY SUPPORTING ADDITIONAL EQUIPMENT AND SUPPLIES AT THE BRESHANAN, NOCK AND MOLIN SCHOOLS. THE STEM INITIATIVE ALSO WAS IMPLEMENTED IN THE HIGH SCHOOL VIA GRANTS FOR EQUIPMENT INCLUDING 3D PRINTERS, ROBOTS AND INDUSTRIAL SEWING EQUIPMENT. THIS PROGRAM ALLOWS OUR STUDENTS TO ENHANCE THEIR EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH.


DURING 2022, WE SUPPORTED IMPROVEMENTS IN TECHNOLOGY IN SEVERAL DISCIPLINES WITHIN THE DISTRICT. SOME HIGHLIGHTS INCLUDE CHROMEBOOKS AND CHROMEBOOK CARTS FOR THE BRESHAHAN SCHOOL AND AN AUDITORIUM PROJECTOR AT THE NOCK AND MOLIN SCHOOLS. THROUGH THESE GRANTS, WE STRIVE TO PROVIDE THE TECHNOLOGY NECESSARY FOR LEARNING.


IN 2022, BUSINESS LEADERS AND TEACHERS CAME TOGETHER TO CREATE SOME AMAZING LEARNING EXPERIENCES FOR OUR STUDENTS FUNDED BY PARTNERSHIP GRANTS, THE TECHNOLOGY CLUB AT THE HIGH SCHOOL AND THE GULF OF MAINE INSTITUTE.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Callahan
Director
$0
Aaron Smith
Director
$0
Nick Dekanter
Director
$0
Ray Felts
Director
$0
Sean Gallagher
Director
$0
Olivia Hansen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$91,177
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$97,708
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$188,885
Total Program Service Revenue$0
Investment income $26,020
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,698
Net Income from Fundraising Events $98,838
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $324,441

Grants Awarded

Over the last fiscal year, Newburyport Education Foundation has awarded $279,988 in support to 3 organizations.

Grant RecipientAmount

NEWBURYPORT PUBLIC SCHOOL

PURPOSE: See below

$243,206

NEWBURYPORT PUBLIC SCHOOL

PURPOSE: See below

$10,750

NEWBURYPORT PUBLIC SCHOOL

PURPOSE: See below

$26,032
View Grant Profile

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