Altoona Area School District Foundation
- Assets
- $3.5m
- Revenue
- -$194.4k
- Investments
- $2.7m
- Employees
- 0
- Location
- Altoona, PA
- Founding
- 12/1988
- Data as of
- 06/2022
- EIN
- 25-1578040
Organization Overview
Altoona Area School District Foundation is located in Altoona, PA. The organization was established in 1988. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Altoona Area School District Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Altoona Area School District Foundation has awarded 14 individual grants totaling $1,180,807. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FINANCE & PROMOTE EDUCATIONAL PROJECTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP, PROMOTE AND FINANCE EDUCATIONAL PROGRAMS, PROJECTS AND ACTIVITY GRANTS TO TEACHERS AND EDUCATOR IN RESIDENCE PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Labriola President | OfficerTrustee | 1 | $0 |
Barry Wright Treasurer | OfficerTrustee | 1 | $0 |
Cory Tubo Secretary | OfficerTrustee | 1 | $0 |
Brendan Moran Vice-President | OfficerTrustee | 1 | $0 |
Patrick Fanelli Director | Trustee | 1 | $0 |
Cathy Keefe Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $351,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $351,442 |
| Total Program Service Revenue | $0 |
| Investment income | $62,559 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$194,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $190,654 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| 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 | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $21,905 |
| Total functional expenses | $212,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,575 |
| Savings and temporary cash investments | $334,754 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—other securities | $2,749,435 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,498,764 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,154,678 |
| Net assets with donor restrictions | $2,344,086 |
| 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 | $3,498,764 |
Grants Awarded
Over the last fiscal year, Altoona Area School District Foundation has awarded $190,654 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPECIAL PROJECTS TO ENHANCE EDUCATION PURPOSE: TO ENHANCE EDUCATION | $132,781 |
GRANTS TO TEACHERS PURPOSE: TO ENHANCE TEACHER CLASSROOMS | $57,873 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Altoona Area School District Foundation has recieved totaling $4,142.
| Awarding Organization | Amount |
|---|---|
Bruno Family Foundation Selinsgrove, PA PURPOSE: ADOLESCENCES IN NEED | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Mcdonogh School Incorporated Owings Mills, MD | $267,537,945 | $83,365,139 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |
Packer Collegiate Institute Brooklyn, NY | $176,388,503 | $70,028,029 |