Great Falls Public Schools Foundation is located in Great Falls, MT. The organization was established in 2010. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Great Falls Public Schools Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Falls Public 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 06/2021, Great Falls Public Schools Foundation generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GFPS FOUNDATION IS TO ENHANCE THE HIGH-QUALITY TEACHING AND LIFE-LONG LEARNING FOR THE STUDENTS IN THE GREAT FALLS PUBLIC SCHOOLS BY FUNDING INNOVATIVE EDUCATIONAL PROGRAMS AND SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDS TO PROGRAMS THAT ENHANCE OPPORTUNITIES FOR EXCELLENCE FOR OUR MOST VULNERABLE STUDENTS AND OUR BRIGHTEST STUDENTS AND TEACHERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Crum Executive Director | Officer | 40 | $35,000 |
Drew Blewett Vice Chair | OfficerTrustee | 2 | $0 |
Karen Brandvold Chair | OfficerTrustee | 2 | $0 |
Andrew Davidson Past Chair | OfficerTrustee | 2 | $0 |
Peggy O'leary Tremper Treasurer | OfficerTrustee | 2 | $0 |
Ashley Whitney Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $12,979 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $19,805 |
All other contributions, gifts, grants, and similar amounts not included above | $1,223,444 |
Noncash contributions included in lines 1a–1f | $84,178 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,256,228 |
Total Program Service Revenue | $0 |
Investment income | $98,204 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $427,843 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $94,556 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,876,831 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,342,343 |
Grants and other assistance to domestic individuals. | $301,558 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $186,161 |
Compensation of current officers, directors, key employees. | $37,232 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,292 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,123 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,682 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,860 |
Office expenses | $5,522 |
Information technology | $3,212 |
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 | $343 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,349 |
All other expenses | $0 |
Total functional expenses | $1,941,443 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $80,194 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $110,332 |
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 | $1,000 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $7,227,391 |
Investments—other securities | $1,297,641 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,716,558 |
Accounts payable and accrued expenses | $861 |
Grants payable | $134,037 |
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 | $134,898 |
Net assets without donor restrictions | $1,162,582 |
Net assets with donor restrictions | $7,419,078 |
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 | $8,716,558 |
Over the last fiscal year, we have identified 2 grants that Great Falls Public Schools Foundation has recieved totaling $19,325.
Awarding Organization | Amount |
---|---|
Heisey Foundation Great Falls, MT PURPOSE: TEACHER AWARDS | $16,715 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $2,610 |
Beg. Balance | $252,708 |
Earnings | $70,999 |
Net Contributions | $7,500 |
Other Expense | $16,094 |
Ending Balance | $315,113 |
Organization Name | Assets | Revenue |
---|---|---|
Fargo-Moorhead Area Foundation Corporation Fargo, ND | $123,601,833 | $30,025,035 |
Wyoming Community Foundation Laramie, WY | $214,898,852 | $21,534,093 |
Idaho Community Foundation Inc Boise, ID | $229,667,754 | $28,111,141 |
Whitefish Community Foundation Inc Whitefish, MT | $55,891,446 | $19,214,103 |
Yellowstone Club Community Foundaction Bozeman, MT | $7,118,258 | $8,242,753 |
Montana Community Foundation Inc Helena, MT | $124,041,175 | $24,837,343 |
North Dakota Community Foundation Bismarck, ND | $128,952,115 | $14,760,573 |
Black Hills Area Community Foundation Rapid City, SD | $46,752,001 | $12,495,187 |
Oahe Foundation Pierre, SD | $25,933,233 | $2,879,958 |
Central Montana Foundation Lewistown, MT | $44,762,262 | $14,999,910 |
One Valley Community Foundation Bozeman, MT | $54,568,108 | $2,058,571 |
Park County Community Foundation Livingston, MT | $5,421,667 | $2,665,834 |