School Fund

Organization Overview

School Fund is located in Palo Alto, CA. The organization was established in 2010. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School Fund 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 12/2021, School Fund generated $234.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $274.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SCHOOL FUND PROVIDES SCHOLARSHIPS TO HIGH POTENTIAL STUDENTS IN THE DEVELOPING WORLD WHO CANNOT AFFORD TO ATTEND SCHOOL. THROUGH THE GENEROUS CONTRIBUTIONS OF SUPPORTERS AND IN COLLABORATION WITH A NETWORK OF EDUCATION PARTNERS, THE SCHOOL FUND PROVIDES SCHOLARSHIPS TO HIGH POTENTIAL, ECONOMICALLY DISADVANTAGED STUDENTS IN DEVELOPING COUNTRIES. AS A RESULT OF OUR WORK, MORE STUDENTS ARE ABLE TO ACCESS AND COMPLETE SECONDARY SCHOOL, LEADING TO A MORE EDUCATED AND INTERCONNECTED WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, THE SCHOOL FUND (TSF) MADE GRANTS OF SCHOLARSHIPS AND EDUCATIONAL EXPENSES FOR 329 NEEDY SECONDARY SCHOOL STUDENTS IN SEVEN DEVELOPING COUNTRIES ACROSS THREE CONTINENTS. TSF WORKED WITH TWELVE NGO PARTNERS TO IDENTIFY ELIGIBLE STUDENTS AND CREATE A PERSONALIZED PROFILE AND A DETAILED LIST OF EDUCATIONAL RELATED EXPENSES FOR EACH STUDENT. FUNDS RAISED VIA TSF TO FUND SCHOLARSHIPS AND SCHOOL EXPENSES ARE ADMINISTERED AND DELIVERED TO THE STUDENTS' SCHOOLS BY THE NGO PARTNERS. TSF CONTINUES TO DEVELOP AND OPERATE ITS PERSON-TO-PERSON FUNDING WEBSITE (WWW.THESCHOOLFUND.ORG) WHERE STUDENTS' PROFILES AND FUNDING NEEDS ARE FEATURED. THE ONLINE PLATFORM ALLOWS DONORS TO VIEW STUDENT PROFILES, ENABLES STUDENTS TO COMMUNICATE WITH DONORS VIA ONLINE JOURNALS, AND SUPPORTS A TRANSPARENT PAYMENT PROCESS IN WHICH RECEIPTS FROM THE STUDENT'S SCHOOL OR THE NGO PARTNER ARE VIEWABLE ON THE WEBSITE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kurt Davis
Treasurer
$0
Andrew Perrault
Secretary
$0
Matt Severson
Chair
$0
Dan Barritt
Director
$0
Denis Severson
Director
$0
Abena Nyantekyi-Owusu
Director
$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$234,329
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$234,329
Total Program Service Revenue$0
Investment income $126
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 $234,465

Grants Recieved

Over the last fiscal year, we have identified 5 grants that School Fund has recieved totaling $67,514.

Awarding OrganizationAmount
American Tower Charitable Foundation Inc

Boston, MA

PURPOSE: GENERAL PURPOSE

$40,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$13,817
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$11,150
Robert & Elizabeth Fergus Fdn

Aspen, CO

PURPOSE: UNRESTRICTED

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$47
View Grant Recipient Profile

Peer Organizations

Create an account to unlock the data you need.

or