Nashville Public Education Foundation
- Assets
- $3.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2002
- Data as of
- 06/2021
- EIN
- 48-1266314
Organization Overview
Nashville Public Education Foundation is located in Nashville, TN. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Nashville Public Education 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, Nashville Public Education Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nashville Public Education Foundation has awarded 37 individual grants totaling $4,451,014. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AT NASHVILLE PUBLIC EDUCATION FOUNDATION, WE BELIEVE ALL STUDENTS DESERVE TO THRIVE IN SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NASHVILLE PUBLIC EDUCATION FOUNDATION LED THE STUDY ON TEACHER COMPENSATION THAT RESULTED IN THE MAYOR'S $49 MILLION INVESTMENT TO INCREASE TEACHER SALARIES. PUBLISHED THE FOURTH BRIDGE TO COMPLETION REPORT, WHICH EXAMINES MNPS STUDENTS' COLLEGE ACCESS AND SUCCESS AND PROVIDES RECOMMENDATIONS FOR MOVING FORWARD. FACILITATED BETTER TOGETHER COLLABORATION BETWEEN MNPS AND NASHVILLE STATE COMMUNITY COLLEGE, WITH THE GOAL OF SUPPORTING STUDENT SUCCESS IN COLLEGE AND BEYOND. SUPPORTED COACHING AND MENTORING FOR PRINCIPAL SUPERVISORS AND IMPLEMENTATION OF PRINCIPAL QUALITY INITIATIVES. HOSTED OVER 1,300 NASHVILLIANS AT SCREENINGS OF BY DESIGN: THE SHAPING OF NASHVILLE'S PUBLIC SCHOOLS AND FACILITATED DISCUSSIONS ABOUT NEXT STEPS. THE FOUNDATION ALSO CONTINUED ITS SUPPORT OF MNPS INCLUDING MUSIC MAKES US PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Cour CEO | OfficerTrustee | 45 | $85,000 |
Brenda Wynn Chair | OfficerTrustee | 1 | $0 |
Tony Heard Vice Chair | OfficerTrustee | 1 | $0 |
Bryon Trauger Immediate Past Chair | OfficerTrustee | 1 | $0 |
Ashley Cook Board Secretary | OfficerTrustee | 1 | $0 |
Robert E Mcneilly III Board Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $345,123 |
| Related organizations | $0 |
| Government grants | $253,023 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,947,989 |
| Noncash contributions included in lines 1a–1f | $31,534 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,546,135 |
| Total Program Service Revenue | $0 |
| Investment income | $5,568 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,302 |
| Net Income from Fundraising Events | -$34,163 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,525,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $858,651 |
| Grants and other assistance to domestic individuals. | $13,854 |
| 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 | $54,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $112,079 |
| Office expenses | $10,988 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,313 |
| Travel | $6,915 |
| 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 | $6,217 |
| Insurance | $5,502 |
| All other expenses | $0 |
| Total functional expenses | $1,813,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,664,582 |
| Savings and temporary cash investments | $15,390 |
| Pledges and grants receivable | $218,737 |
| 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 | $18,068 |
| Investments—publicly traded securities | $153,647 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,133 |
| Total assets | $3,074,557 |
| Accounts payable and accrued expenses | $106,227 |
| 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 | $3,192 |
| Total liabilities | $109,419 |
| Net assets without donor restrictions | $725,442 |
| Net assets with donor restrictions | $2,239,696 |
| 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 | $3,074,557 |
Grants Awarded
Over the last fiscal year, Nashville Public Education Foundation has awarded $372,099 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
METRO NASHVILLE PUBLIC SCHOOLS PURPOSE: TO PROVIDE SUPPORT OF SPECIFIED PROGRAMS IN METRO SCHOOLS | $304,110 |
DIVERSE LEARNERS COOPERATIVE PURPOSE: PROVIDING LEARNING EXPERIENCES FOR MNPS TEACHERS | $10,000 |
Nashville, TN PURPOSE: AWARD WINNER RECOGNIZING WORK ADDRESSING SYSTEMIC RACIAL INEQUITIES THAT CONTRIBUTE TO THE SCHOOL TO PRISON PIPELINE | $10,000 |
Carmel, IN PURPOSE: MUSIC PROGRAMS PERSONAL PROTECTIVE EQUIPMENT RELATED TO COVID PRECAUTIONS | $10,000 |
ANTIOCH HIGH SCHOOL PURPOSE: SUPPORT OF MUSIC PROGRAMS AND UNITED WAY EMPLOYEE GIVING GIFTS | $9,811 |
Nashville, TN PURPOSE: PROVIDING LEARNING EXPERIENCES FOR MNPS TEACHERS | $8,100 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nashville Public Education Foundation has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
The Johanna A Favrot Fund Houston, TX PURPOSE: THE NASHVILLE PUBLIC EDUCATION FOUNDATION, ORIGINALLY CALLED THE ALLIANCE FOR PUBLIC EDUCATION, WAS FOUNDED IN 2001 AS A DEDICATED NON-PROFIT THAT UNITES PUBLIC AND PRIVATE SECTOR RESOURCES, LEADERS AND STRATEGIES TO STRENGTHEN NASHVILLE'S PUBLIC SCHOOLS. AS AN INDEPENDENT 501(C)(3), THE FOUNDATION REQUESTS AND MANAGES PRIVATE DONATIONS IN SUPPORT OF PUBLIC SCHOOLS. THE PURPOSE OF THE GRANT IS TO SUPPORT THE CONTINUATION OF A TEACHER LEADERSHIP INSTITUTE FOR METRO SCHOOLS, WHICH PROVIDES A GROUP OF TEACHERS A 3-YEAR EPISODIC EXPERIENCE TO LEARN LEADERSHIP SKILLS AND EXPAND THEIR IMPACT ALL WHILE STAYING IN THE CLASSROOM. THE BUDGET WOULD INCLUDE STIPENDS, STAFF TIME, GOODS AND SUPPLIES. | $30,000 |
Ryman Hospitality Properties Foundation Nashville, TN PURPOSE: GRANT FOR SUPPORT OF PROGRAM MISSION FOR EDUCATION | $5,000 |
Milton And Denice Johnson Family Foundation Nashville, TN PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $159,707 |
| Earnings | $10,878 |
| Admin Expense | $1,548 |
| Ending Balance | $169,037 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Investment Management Company Charlottesville, VA | $10,038,884,501 | $457,345,731 |
The Lord Foundation Of North Carolina Durham, NC | $23,094,681 | $641,441 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of North Carolina At Greensboro Investment Fund Inc Greensboro, NC | $369,290,686 | $22,759,163 |
Appalachian State University Foundation Inc Boone, NC | $159,413,962 | $18,404,104 |
University Of North Carolina Chapel Hill Arts And Sciences Foundation Chapel Hill, NC | $518,992,807 | $33,231,064 |
Old Dominion University Educational Foundation Norfolk, VA | $390,141,589 | $33,517,872 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Mose And Garrison Siskin Memorial Foundation Inc Chattanooga, TN | $53,806,754 | $11,101,792 |
Georgia Tech Facilities Inc Atlanta, GA | $407,064,936 | $14,504,049 |
University Of Southern Mississippi Foundation Hattiesburg, MS | $151,472,857 | $19,113,544 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |