Anacortes Schools Foundation

Organization Overview

Anacortes Schools Foundation is located in Anacortes, WA. The organization was established in 1985. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anacortes Schools 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 12/2021, Anacortes Schools Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $658.0k during the year ending 12/2021. While expenses have increased by 11.2% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

EMPOWER AND INSPIRE ALL ANACORTES STUDENTS THROUGH SCHOLARSHIPS AND ENRICHED LEARNING OPPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MERIT SCHOLARSHIPS GRANTED TO ANACORTES STUDENTS IN PURSUIT OF POST HIGH SCHOOL EDUCATION. PRESCHOOL SCHOLARSHIPS GRANTED TO ANACORTES PRESCHOOLERS IN PURSUIT OF A CHILD'S OWN NATURAL DESIRE TO LEARN.


FINANCIAL SUPPORT GIVEN TO THE ANACORTES SCHOOL DISTRICT ENRICHED LEARNING OPPORTUNITIES. CURRENT PROGRAMS INCLUDE EARLY LEARNING, DISTRICT-WIDE STEM ENRICHMENT, SOCIAL EMOTIONAL AND MENTAL HEALTH, SUMMER LEARNING, TEACHER GRANTS,THE VISUAL AND PERFORMING ARTS AS WELL AS SCHOOL SUPPLIES AND BACKPACKS FOR NEEDY FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Adams
Vice Preside
$0
Paula Brar
Secretary
$0
Rene Vance
Treasurer
$0
Treva King
President
$0
James Anderson
Director
$0
Rachel Esposito
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$175,703
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$934,140
Noncash contributions included in lines 1a–1f $11,500
Total Revenue from Contributions, Gifts, Grants & Similar$1,109,843
Total Program Service Revenue$0
Investment income $96,796
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $86,760
Net Income from Fundraising Events $54,150
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,347,549

Grants Awarded

Over the last fiscal year, Anacortes Schools Foundation has awarded $217,246 in support to 2 organizations.

Grant RecipientAmount

ANACORTES SCHOOL DISTRICT

PURPOSE: EDUCATIONAL ENRICHME

$209,459

ANACORTES ART FESTIVAL

Org PageRecipient Profile

Anacortes, WA

PURPOSE: ART SUPPLY KITS

$7,787
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Anacortes Schools Foundation has recieved totaling $380,180.

Awarding OrganizationAmount
Jeff And Linda Hendricks Family Foundation

Wilmington, DE

PURPOSE: SUMMER LEARNING PROGRAM

$120,000
Richard And Lois Worthington Foundation

Anacortes, WA

PURPOSE: GENERAL SUPPORT ACTIVITIES

$115,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$31,000
Marathon Petroleum Foundation Inc

Findlay, OH

PURPOSE: STEM ENRICHMENT FUNDS

$25,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$24,619
Marathon Petroleum Foundation Inc

Findlay, OH

PURPOSE: AHS VOCATIONAL, CAREER AND TECHNICAL PROGRAMS

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,367,508
Earnings$520,761
Net Contributions$87,777
Other Expense$61,122
Grants$121,751
Ending Balance$3,793,172

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