Education Foundation Of Baltimore County Public
- Assets
- $1.6m
- Revenue
- $398.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Towson, MD
- Founding
- 06/1993
- Data as of
- 06/2023
- EIN
- 52-1819200
Organization Overview
Education Foundation Of Baltimore County Public is located in Towson, MD. The organization was established in 1993. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Education Foundation Of Baltimore County Public 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 06/2023, Education Foundation Of Baltimore County Public generated $398.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $323.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 4 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT IMPROVED EDUCATIONAL OUTCOMES FOR OUR COMMUNITY THROUGH FUNDRAISING, PROGRAMS AND ADVOCACY. TO CONTRIBUTE TO A BRIGHTER FUTURE IN WHICH ALL STUDENTS, EDUCATORS AND SCHOOLS HAVE THE RESOURCES NEEDED FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O: THE EXCHANGEREE: TEACHER RESOURCE CENTERS THE EXCHANGEREE: GIZMOS AND GADGETS GALORE IS A MULTI-FACETED INITIATIVE CONSISTING OF TWO COLLABORATIVE EDUCATORS RESOURCE CENTERS IN WINDSOR MILL AND ROSEDALE, MARYLAND, SUPPORTING ALL BALTIMORE COUNTY PUBLIC SCHOOLS STUDENTS AND EDUCATORS. THIS INITIATIVE REACHES OUT TO THE COMMUNITY TO SUPPORT FOUR CAMPAIGNS PROVIDING AN INCREASED AWARENESS OF THE NEED OF TEACHER/STUDENT SUPPLIES AND RESOURCES IN THE CLASSROOM IMPACTING ACADEMIC SUCCESS, SOCIAL-EMOTIONAL WELL-BEING AND HEALTH AWARENESS. TOOLS FOR SCHOOLS: FURNISHES BASIC SUPPLIES/RESOURCES FOR STUDENTS/TEACHERS CLASSROOMS ALLOWING THEM TO BE PREPARED FOR LEARNING WITH CONFIDENCE AND CONTINUOUS GROWTH. SHARE THE WARMTH:PROVIDES STUDENTS WHO NEED WINTER ACCESSORIES ITEMS TO KEEP WARM, SAFE AND HEALTHY AND HEALTH AND WELLNESS RESOURCES TO ELIMINATE THE SPREAD OF GERMS IMPACTING STUDENTS' HEALTH AND WELL-BEING AND ACADEMIC GROWTH/ACHIEVEMENT. BOOKS FOR BINS: PROVIDES TEACHERS THE OPPORTUNITY TO SELECT AGE-APPROPRIATE BOOKS TO ENHANCE THEIR CLASSROOM LIBRARIES AND PROVIDE BOOKS FOR A STUDENT'S HOME LIBRARY AND FOR SUMMER READING OPPORTUNITIES. THE HUB: THE CENTERS HOST EDUCATOR LEARNING OPPORTUNITIES/EXPERIENCES BUILDING COLLABORATION, TEAM AND COLLEAGIALITY ALONG WITH RESOURCES TO SUPPORT STRATEGIC INITIATIVES. THE EXCHANGEREES ARE SUPPORTED BY THE COMMUNITY BY HOSTING A DRIVE, MAKING A MONETARY DONATION, OR VOLUNTEERING THEIR TIME AND TALENT.
SEE SCHEDULE O: 21ST CENTURY INSTRUCTIONAL GRANTS21ST CENTURY INSTRUCTIONAL INITIATIVE GRANTS ARE AWARDED TO BALTIMORE COUNTY PUBLIC SCHOOLS/OFFICES TO FUND INNOVATIVE PROJECTS NOT FUNDED WITHIN THE SCHOOL BUDGET. THE PROJECTS FUNDED ARE BASED ON ESSENTIAL KNOWLEDGE AND SKILLS STUDENTS MUST HAVE TO BE SUCCESSFUL IN LIFE AND EMPLOYMENT IN THE 21ST CENTURY. THE GRANTS ADDRESS AT LEAST ONE OF THE FOLLOWING INSTRUCTIONAL FOCUSED 21ST CENTURY THEMES: ARTS & CULTURE, CIVIC LITERACY, ENVIRONMENTAL LITERACY, FINANCIAL, ECONOMIC, BUSINESS AND ENTREPRENEURIAL LITERACY, GLOBAL AWARENESS, HEALTH LITERACY AND SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM). 21ST CENTURY INSTRUCTIONAL INITIATIVE GRANTS MUST ADDRESS AN IDENTIFIED NEED THAT IS ALIGNED WITH BCPS GOALS FOR ACADEMICS AND KEY ACTIONS AS STATED IN THE COMPASS/OUT PATHWAY TO EXCELLENCE WITH THE GOAL BEING TO PREPARE EACH CHILD TO GRADUATE READY TO ENTER THEIR CHOSEN CAREER, CAREER TRAINING, MILITARY TRAINING OR CREDIT-BEARING COLLEGE COURSEWORK. THE PROJECTS MUST HAVE CLEAR MEASURABLE GOALS AND OVERALL IMPACT AND POTENTIAL FOR SUCCESSFUL IMPLEMENTATION. PROJECT FUNDS MAY NOT REPLACE NORMAL FUNDING FROM TAX-BASED SOURCES. THE GRANT PROPOSAL SHOULD DESCRIBE A QUANTITATIVE AND/OR QUALITATIVE METHOD TO EVALUATE THE SUCCESS OF THE PROJECT.
SEE SCHEDULE O: SCHOLARSHIPSSCHOLARSHIP OPPORTUNITIES ARE PROVIDED TO BCPS STUDENTS TO ATTEND 2 AND 4 YEAR COLLEGE AND UNIVERSITIES AS WELL AS TECHNICAL AND TRADE SCHOOLS TO OBTAIN THE KNOWLEDGE AND SKILLS NEEDED TO BE GLOBALLY COMPETITIVE. THE FOUNDATION'S SCHOLARSHIPS PROGRAM ARE FUNDED BOTH THROUGH THE FOUNDATION AS WELL AS PRIVATE, PHILANTHROPIC SCHOLARSHIP PROGRAMS. BEEF AND STEM SCHOLARSHIPS FUNDED BY THE FOUNDATION COVER UP TO THREE $1,000 SCHOLARSHIPS TO STUDENTS WHO ATTEND A BCPS COMPREHENSIVE HIGH SCHOOL IN EACH OF THE THREE ZONES (EAST, CENTRAL AND WEST). SCHOLARSHIPS AWARDED ARE BASED ON THE FOLLOWING: BUSINESS, ECONOMICS, ENTREPRENEURIAL AND FINANCIAL LITERACY (BEEF) AND SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM). PRIVATE PHILANTHROPIC SCHOLARSHIPS VARY FROM DONOR TO DONOR IN REGARDS TO FOCUS AREA, AWARDED AMOUNTS AND ELIGIBILITY CRITERIA. ALL SCHOLARSHIPS HAVE A SELECTION COMMITTEE COMPRISED OF A CADRE OF EXPERTS WITHIN A VARIETY OF INDUSTRIES, OUR AMBASSADORS, WHO REVIEW EACH SCHOLARHIP APPLICATION USING A BLIND REVIEW PROCESS. THEY ARE PRESENTED TO THE SCHOLARSHIP AND GRANTS COMMITEE FOR REVIEW AND THEN PRESENTED TO THE EDUCATION FOUNDATION BOARD OF DIRECTORS FOR FINAL APPROVAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Alderson Director | Trustee | 1 | $0 |
Gary L Berger Director | Trustee | 1 | $0 |
Christie Compeau Director | Trustee | 1 | $0 |
M Matt Boylan III Director | Trustee | 1 | $0 |
Scott Dorsey Director | Trustee | 1 | $0 |
Judith Fitzgerald Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,154 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,569 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,723 |
| Total Program Service Revenue | $0 |
| Investment income | $23,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,670 |
| Net Income from Fundraising Events | $60,854 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $398,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,728 |
| Grants and other assistance to domestic individuals. | $23,000 |
| 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 | $79,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,177 |
| Travel | $1,344 |
| 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 | $0 |
| Total functional expenses | $323,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,830 |
| Savings and temporary cash investments | $25,997 |
| 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 | $1,359,217 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $98,687 |
| Total assets | $1,603,731 |
| Accounts payable and accrued expenses | $79,553 |
| Grants payable | $0 |
| Deferred revenue | $1,907 |
| 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 | $98,687 |
| Total liabilities | $180,147 |
| Net assets without donor restrictions | $723,955 |
| Net assets with donor restrictions | $699,629 |
| 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 | $1,603,731 |