Propel Schools Foundation is located in Pittsburgh, PA. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, Propel Schools Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Propel Schools 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 06/2023, Propel Schools Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Propel Schools Foundation has awarded 115 individual grants totaling $7,115,609. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PROPEL SCHOOLS FOUNDATION SUPPORTS THE MISSION OF PROPEL SCHOOLS: TO CATALYZE THE TRANSFORMATION OF PUBLIC EDUCATION SO THAT ALL CHILDREN HAVE ACCESS TO HIGH-PERFORMING PUBLIC SCHOOLS. PROPEL SCHOOLS FOUNDATION SEEKS AND ACCEPTS DONATIONS AND OTHER RESOURCES THAT ADVANCE OUR IMPERATIVE WORK THAT EMPOWERS OUR SCHOLARS TO ACHIEVE ACADEMIC AND PERSONAL EXCELLENCE. FUNDS RAISED ARE DISPERSED TO THE SCHOOLS TO PROVIDE QUALITY PROGRAMS TO THE 4,000 SCHOLARS ATTENDING PROPEL'S 13 SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROPEL SCHOOLS FOUNDATION SUPPORTS THE 13 PROPEL SCHOOLS AND THEIR 3,900 STUDENTS. WE RAISE MONEY THAT FLOWS THROUGH US TO DIRECTLY SUPPORT THE SCHOOLS, AND THEIR PROGRAMS. WE ALSO DIRECTLY ADMINISTER SUPPORT TO PROGRAMS THAT FURTHER THESE ENDS AND RAISE MONEY THAT DIRECTLY FLOWS TO THE SCHOOLS. OUR PRINCIPAL EFFORTS ARE: 1) AFTER SCHOOL PROGRAMS (WE HAVE THE LARGEST SUCH PROGRAM IN OUR REGION SERVING 900 CHILDREN ON A TYPICAL DAY); 2) THE PROPEL TEACHER RESIDENCY PROGRAM TO ATTRACT A GREAT AND DIVERSE TEACHER CORPS; 3) PROPEL PARTNERS IN WELLNESS FOCUSING ON WELLNESS PROGRAMS FOR OUR SCHOLARS, FACULTY AND THE COMMUNIY (PARTICULARLY MENTAL HEALTH) BOTH DURING AND AFTER SCHOOL HOURS; 4) SCHOLAR OPPORTUNITIES FOSTERING PERSONAL GROWTH THROUGH EXPANDED LIFE EXPERIENCE FOR STUDENTS; AND 5) K-2 LITERACY PROGRAM THAT FOCUSES ON EARLY CHILDHOOD LITERACY AS A PATHWAY TO LIFELONG SUCCESS IN LEARNING THROUGH ADDITIONAL FOCUSED SMALL GROUP INSTRUCTION.
COLLEGIATE SCHOLARSHIPS TO PROPEL SCHOOLS' STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald J Huber President | OfficerTrustee | 1 | $0 |
Mark Cancilla Vice President | OfficerTrustee | 1 | $0 |
Heidi Batholomew Treasurer | OfficerTrustee | 1 | $0 |
Brendan Surma Director | Trustee | 1 | $0 |
Ilana Diamond Director | Trustee | 1 | $0 |
David Fair Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,661,725 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,661,725 |
Total Program Service Revenue | $0 |
Investment income | $257,773 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $159,617 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,079,115 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $835,139 |
Grants and other assistance to domestic individuals. | $57,479 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $267,617 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $90,745 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,526 |
Fees for services: Accounting | $16,712 |
Fees for services: Lobbying | $6,550 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $5,421 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,690 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,368,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,943 |
Savings and temporary cash investments | $1,065,132 |
Pledges and grants receivable | $2,165,067 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $12,849,543 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,113,685 |
Accounts payable and accrued expenses | $191,790 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $191,790 |
Net assets without donor restrictions | $12,471,710 |
Net assets with donor restrictions | $3,450,185 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $16,113,685 |
Over the last fiscal year, Propel Schools Foundation has awarded $835,139 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
PROPEL HOMESTEAD PURPOSE: SCHOOL PROGRAMS (MENTAL HEALTH, INNOVATION GRANTS, ETC) | $562,286 |
PROPEL BRADDOCK HILLS PURPOSE: SCHOOL PROGRAMS (MENTAL HEALTH, INNOVATION GRANTS, ETC) | $5,954 |
PROPEL MCKEESPORT PURPOSE: AFTERSCHOOL PROGRAM EXPENSES | $2,690 |
PROPEL MONTOUR PURPOSE: SCHOOL PROGRAMS (MENTAL HEALTH, INNOVATION GRANTS, ETC) | $9,725 |
PROPEL NORTHSIDE PURPOSE: SCHOOL PROGRAMS (MENTAL HEALTH, INNOVATION GRANTS, ETC) | $4,934 |
PROPEL HAZELWOOD PURPOSE: SCHOOL PROGRAMS (MENTAL HEALTH, INNOVATION GRANTS, ETC) | $40,246 |