Falmouth Education Foundation Inc

Organization Overview

Falmouth Education Foundation Inc is located in Falmouth, MA. The organization was established in 2007. 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. Falmouth Education Foundation Inc 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 06/2024, Falmouth Education Foundation Inc generated $174.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $262.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FALMOUTH EDUCATION FOUNDATION IS TO ENHANCE EDUCATIONAL EXCELLENCE IN THE FALMOUTH PUBLIC SCHOOLS. BELIEVING THAT QUALITY PUBLIC SCHOOLS ARE ESSENTIAL TO A THRIVING COMMUNITY, THE FOUNDATION SEEKS TO DEVELOP THE CHARITABLE SUPPORT NEEDED TO SUPPLEMENT THE PUBLICLY FUNDED SCHOOL BUDGET.

Describe the Organization's Program Activity:

WE ACCOMPLISH OUR MISSION THROUGH OUR GRANTS PROGRAM THAT PROVIDES SCHOOL STAFF WITH THE KNOWLEDGE, EXPERIENCE, AND MATERIALS THEY NEED TO REMAIN AT THE FRONTIERS OF EDUCATIONAL EXCELLENCE. A TOTAL OF 91 GRANTS (PROJECT 41, TOF MINI 50) WERE AWARD FOR 2023-2024 IN THE FALMOUTH PUBLIC SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Denise Mackerron
Director
$0
Ellen Barol
Director
$0
Traci Bushy
Director
$0
Elizabeth Dussan
Director
$0
Ellen Hewett
President
$0
Carole Dembkowski
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$30,235
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$112,527
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$142,762
Total Program Service Revenue$0
Investment income $22,739
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,859
Net Income from Fundraising Events $6,605
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $173,965

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