Knox Education Foundation

Organization Overview

Knox Education Foundation is located in Knoxville, TN. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Knox Education Foundation employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knox 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 06/2022, Knox Education Foundation generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A CATALYST FOR THE TRANSFORMATION OF PUBLIC EDUCATION BY INVESTING IN AND ADVOCATING FOR INNOVATIVE PROGRAMS, PARTNERSHIPS, AND INITIATIVES TO ACHIEVE EXCELLENT OUTCOMES FOR ALL STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY SCHOOLS EXISTS IN ORDER TO PLACE THE SCHOOL AT THE CENTER OF BEING A CATALYST FOR ENHANCING STUDENT LEARNING AND ACHIEVING A HEALTHY COMMUNITY. THE STRATEGY'S 3 MAIN GOALS ARE TO MAXIMIZE STUDENT LEARNING, OPTIMIZE HEALTH & WELL-BEING, AND CREATE LONG-TERM SUPPORT FOR STUDENTS, FAMILIES, SCHOOLS, AND NEIGHBORHOODS. COMMUNITY SCHOOLS COLLABORATES WITH OVER 275 PARTNERS TO SUPPORT THESE GOALS THROUGH THE COMMUNITY SCHOOLS' PILLARS OF SHARED COLLABORATIVE LEADERSHIP, EXPANDED ENRICHMENT OPPORTUNITIES, FAMILY & COMMUNITY ENGAGEMENT, AND INTEGRATED STUDENT SUPPORT.


PROJECT GRAD KNOXVILLE IS A SCHOOL-EMBEDDED PROGRAM AT AUSTIN-EAST AND FULTON HIGH SCHOOLS THAT OFFERS DIRECT SUPPORT, INTERVENTIONS, TOOLS, OPPORTUNITIES, AND COACHING. A 4,000 SCHOLARSHIP IS EARNED BY QUALIFYING STUDENTS WHO ENROLL IN ACCREDITED POSTSECONDARY INSTITUTIONS. GRAD PROVIDES ACCESS TO RESOURCES, EXPERIENCES, AND GUIDANCE THAT WILL CONTRIBUE TO INCREASED HIGH SCHOOL GRADUATION RATES, POSTSECONDARY ENROLLMENT AND COMPLETION, ADDRESSING OBSTACLES ALONG THE WAY. INTENTIONAL FOCUS IS GIVEN TO STUDENTS FROM DISADVANTAGED CIRCUMSTANCES, FROM COMMUNITIES OF CONCENTRATED CHALLENGES, AND THOSE UNDERREPRESENTED IN HIGHER EDUCATION.


SPECIAL PROJECTS CONTAINS INITIATIVES AND PROGRAMS THAT ARE PILOTS TO EVALUATE LONG TERM VIABILITY AND IMPACT. THESE SPECIAL PROJECTS FOCUS ON FOUNDATIONAL ACADEMIC SKILLS, EFFECTIVE EDUCATORS, PATHWAYS AND PIPELINES, AND SUCCESS FOR ALL STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Letsos
CEO
$166,247
Stephanie Jinkins
CFO
$130,703
Leroy Thompson
Secretary
$0
Larsen Jay
Board Chair
$0
Crissy Haslam
Vice Chair
$0
Carol Carden
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$286,400
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,567,500
All other contributions, gifts, grants, and similar amounts not included above$2,003,489
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,857,389
Total Program Service Revenue$0
Investment income $2,312
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,122
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,852,579

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Knox Education Foundation has recieved totaling $314,500.

Awarding OrganizationAmount
$164,500
East Tennessee Foundation

Knoxville, TN

PURPOSE: GEN/OPER SUPPORT

$150,000
View Grant Recipient Profile

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