Carnegie Foundation For Advancement Teaching W Coast Office Education
- Assets
- $131.4m
- Revenue
- $20.2m
- Investments
- $104.6m
- Employees
- 0
- Location
- Stanford, CA
- Founding
- 08/1937
- Data as of
- 06/2022
- EIN
- 13-1623924
Organization Overview
Carnegie Foundation For Advancement Teaching W Coast Office Education is located in Stanford, CA. The organization was established in 1937. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, 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. Carnegie Foundation For Advancement Teaching W Coast Office Education 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 06/2022, Carnegie Foundation For Advancement Teaching W Coast Office Education generated $20.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $14.1m during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVEMENT SCIENCE FIELD BUILDING WE ADVANCE THE HIGH-QUALITY USE OF IMPROVEMENT SCIENCE TO ADDRESS THE NATION'S LARGEST EDUCATIONAL EQUITY CHALLENGES BY GROWING AND STRENGTHENING THE IMPROVEMENT COMMUNITY ACROSS THE GLOBE.
NEW STRATEGIC PRIORITIES THE FOUNDATION IS FOCUSED ON THREE NEW STRATEGIC PRIORITIES: FUTURE OF LEARNING: WE DESIGN AND ELEVATE ENGAGING AND RIGOROUS LEARNING EXPERIENCES THAT PREPARE ALL STUDENTS TO THRIVE NOW AND IN THE FUTURE. ATTAINMENT: WE INCREASE THE NUMBER OF UNDERREPRESENTED STUDENTS WHO COMPLETE HIGH SCHOOL AND SUCCEED IN POST- SECONDARY. POST SECONDARY INNOVATION: WE TRANSFORM THE POSTSECONDARY SECTOR TO ADVANCE THE SOCIAL AND ECONOMIC MOBILITY OF UNDERREPRESENTED STUDENTS.
IMPROVEMENT SCIENCE RESEARCH AND DEVELOPMENT WE LEVERAGE IMPROVEMENT SCIENCE AND NETWORKED IMPROVEMENT COMMUNITIES WITH OUR PARTNERS TO MAKE PROGRESS ON THE MOST PERSISTENT EDUCATIONAL EQUITY ISSUES FACING COMMUNITIES. SIMULTANEOUSLY, WE SUPPORT WIDESPREAD, EFFECTIVE USE OF IMPROVEMENT AND NETWORKS BY INCREASING ACCESS TO LEARNING EXPERIENCES, RESOURCES AND TOOLS. ULTIMATELY, WE BUILD EVIDENCE THAT IMPROVEMENT SCIENCE GENERATES RESULTS FOR YOUNG PEOPLE AND DEEPEN THE KNOWLEDGE BASE TO ENABLE LARGE-SCALE, EQUITABLE IMPROVEMENT.
PROFESSIONAL EDUCATION OFFERINGS AND TOOLS THE CARNEGIE FOUNDATION'S PROFESSIONAL LEARNING OPPORTUNITIES ARE STRUCTURED TO HELP EDUCATION PROFESSIONALS DEVELOP A DEEP AND ACTION-ORIENTED UNDERSTANDING OF NETWORKED IMPROVEMENT SCIENCE. NETWORKED IMPROVEMENT SCIENCE BRINGS TOGETHER TWO POWERFUL WAYS OF ORGANIZING IMPROVEMENT EFFORTS-IMPROVEMENT SCIENCE AND NETWORKED COMMUNITIES-TO ADDRESS THE EQUITY CHALLENGES IN OUR EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Tavenner Board Chair | 1 | $0 | |
Theodore Quinn Vice Chair | 1 | $0 | |
Andres Antonio Alonso Board Member | 1 | $0 | |
Odile Disch-Bhadkamkar Board Member | 1 | $0 | |
Andrew Ho Board Member | 1 | $0 | |
Robert Hughes Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kendall Prebola & Jones Llc | 6/29/22 | $84,105 |
Carver And Company | 6/29/22 | $257,500 |
Louis Gomez | 6/29/22 | $67,500 |
David Silver | 6/29/22 | $87,200 |
Sharon Greenberg Inc | 6/29/22 | $63,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,676,490 |
| Interest on Savings | $17,018 |
| Dividends & Interest | $2,346,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,918,060 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $4,363 |
| Other Income | $4,188,383 |
| Total Revenue | $20,151,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,036,455 |
| Other employee salaries and wages | $4,928,158 |
| Pension plans, employee benefits | $2,427,256 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $629,866 |
| Occupancy | $358,552 |
| Travel, conferences, and meetings | $1,137,392 |
| Printing and publications | $23,668 |
| Other expenses | $896,757 |
| Total operating and administrative expenses | $14,099,722 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $14,099,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,164,400 |
| Savings and temporary cash investments | $13,231,943 |
| Net Accounts receivable | $1,148,617 |
| Net Pledges Receivable | $200,000 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $154,700 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $104,573,003 |
| Net Land, buildings, and equipment | $10,208,693 |
| Other assets | $679,421 |
| Total assets | $131,360,777 |
| Accounts payable and accrued expenses | $1,692,258 |
| Grants payable | $0 |
| Deferred revenue | $78,799 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,523,278 |
| Total liabilities | $4,294,335 |
Grants Awarded
Over the last fiscal year, Carnegie Foundation For Advancement Teaching W Coast Office Education has awarded $454,345 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY RESEARCH PURPOSE: CLASSIFICATIONS SUPPORT | $10,000 |
WEST ED PURPOSE: CARNEGIE MATH PATHWAYS | $444,345 |