St Stephen S And St Agnes School Foundation
- Assets
- $47.4m
- Revenue
- $11.4m
- Investments
- $19.8m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 03/1994
- Data as of
- 06/2022
- EIN
- 54-6054009
Organization Overview
St Stephen S And St Agnes School Foundation is located in Alexandria, VA. The organization was established in 1994. 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. St Stephen S And St Agnes School 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 06/2022, St Stephen S And St Agnes School Foundation generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $4.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, St Stephen S And St Agnes School Foundation has awarded 27 individual grants totaling $34,148,284. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WELFARE OF AND PROVIDE SUPPORT TO THE EDUCATIONAL MINISTRY OF ST. STEPHEN'S AND ST. AGNES SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES GRANTS TO ST. STEPHEN'S AND ST. AGNES SCHOOL TO ENABLE THE SCHOOL TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO ARE IN NEED OF FINANCIAL SUPPORT AND TO SUPPORT ITS FACULTY. ST STEPHEN'S AND ST. AGNES CURRENTLY ENROLL 1,196 STUDENTS, WITH MORE THAN $1.8 MILLION IN FINANCIAL ASSISTANCE AWARDED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Siegel Jr Chair And President | OfficerTrustee | 2 | $0 |
Beth Chase Treasurer | OfficerTrustee | 5 | $0 |
Rachel Jarvis Secretary | OfficerTrustee | 5 | $0 |
Stephanie Atkins Trustee | Trustee | 1 | $0 |
Kirsten Prettyman Adams Trustee | Trustee | 1 | $0 |
Amy Curtis Trustee | Trustee | 1 | $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 | $9,257,710 |
| Noncash contributions included in lines 1a–1f | $490,529 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,257,710 |
| Total Program Service Revenue | $0 |
| Investment income | $2,934,904 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,015 |
| Net Gain/Loss on Asset Sales | -$912,445 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,356,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,904,650 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $264,066 |
| Fees for services: Other | $23,960 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,192,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $935,933 |
| Pledges and grants receivable | $7,320,772 |
| 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 | $922,438 |
| Investments—publicly traded securities | $18,413,072 |
| Investments—other securities | $19,847,882 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,713 |
| Total assets | $47,445,810 |
| Accounts payable and accrued expenses | $0 |
| 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 | $421,378 |
| Total liabilities | $421,378 |
| Net assets without donor restrictions | $6,702,978 |
| Net assets with donor restrictions | $40,321,454 |
| 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 | $47,445,810 |
Grants Awarded
Over the last fiscal year, St Stephen S And St Agnes School Foundation has awarded $3,904,650 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: SCHOOL OPERATIONS | $1,930,426 |
Richmond, VA PURPOSE: SCHOLARSHIPS, FACULTY EXPENSES, & AWARDS | $1,754,224 |
Richmond, VA PURPOSE: CAPITAL EXPENDITURES | $220,000 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that St Stephen S And St Agnes School Foundation has recieved totaling $216,620.
| Awarding Organization | Amount |
|---|---|
Lettie Pate Whitehead Foundation Inc Atlanta, GA PURPOSE: For general scholarship support. | $148,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $23,750 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: FOR SUSAN SNODGRASS WYNNE '68 | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,598 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: SUPPORT OF THE LOWER SCHOOL | $8,000 |
Cartinhour-Woods Foundation Inc Chattanooga, TN PURPOSE: SCHOLARSHIP FUND | $5,000 |
Endowment Analysis
| Beg. Balance | $30,896,973 |
| Earnings | -$2,954,436 |
| Net Contributions | $93,063 |
| Grants | $1,431,966 |
| Ending Balance | $26,603,634 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transylvania Vocational Services Inc Brevard, NC | $52,218,118 | $34,183,028 |
Champions For Education Inc Charlotte, NC | $4,769,828 | $14,830,024 |
Campus Development Foundation Inc Chattanooga, TN | $70,898,605 | $12,373,348 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |