Copley-Fairlawn Schools Foundation

Organization Overview

Copley-Fairlawn Schools Foundation is located in Copley, OH. The organization was established in 1988. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Copley-Fairlawn 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 12/2021, Copley-Fairlawn Schools Foundation generated $106.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $68.4k during the year ending 12/2021. 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 FOUNDATION ACTIVELY ASSISTS STUDENTS AND STAFF OF THE COPLEY-FAIRLAWN SCHOOL DISTRICT IN THEIR PURSUIT OF EXCELLENCE. THE FOUNDATION AWARDS CLASSROOM GRANTS FOR OUTSTANDING EDUCATIONAL PROJECTS THROUGHOUT THE DISTRICT. THE FOUNDATION ALSO AWARDS NUMEROUS SCHOLARSHIPS TO GRADUATING SENIORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES ASSISTANCE TO THE COPLEY SCHOOLS, THE CLASSROOM TEACHERS, AND STUDENTS IN THE FORM OF STUDENT SCHOLARSHIPS AND TEACHER GRANTS TO ENHANCE THEIR FINANCIAL CAPABILITIES AND EDUCATIONAL OPPORTUNITIES. MEMBERSHIP IS AN EXCELLENT WAY TO BECOME INVOLVED IN MAINTAINING THE QUALITY OF EDUCATION AND ENSURING THE CONTINUED GROWTH OF EXCELLENCE IN OUR SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Bryan Panovich
President
$0
Bob Panovich
Treasurer
$0
Dr Jennifer Hazelwood
Vice-Preside
$0
Lorraine Signore
Secretary
$0
Cristine Braman
Trustee
$0
Heather Madden
Trustee
$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$30,951
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$30,951
Total Program Service Revenue$0
Investment income $26,430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $50,544
Net Income from Fundraising Events -$1,743
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $106,182

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Copley-Fairlawn Schools Foundation has recieved totaling $2,455.

Awarding OrganizationAmount
Walter Henry Freygang Foundation

Akron, OH

PURPOSE: GENERAL SUPPORT

$1,310
Stephen A Comunale Jr Charitable Foundation

Akron, OH

PURPOSE: SCHOLARSHIP FUNDS

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$145
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$525,156
Net Contributions$15,156
Ending Balance$540,312

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