Albany Public Schools Foundation

Organization Overview

Albany Public Schools Foundation is located in Albany, OR. The organization was established in 1985. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Albany Public Schools Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Public 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 06/2022, Albany Public Schools Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $661.4k during the year ending 06/2022. While expenses have increased by 17.1% 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.

Since 2015, Albany Public Schools Foundation has awarded 18 individual grants totaling $952,929. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FOUNDATION IS TO GENERATE AND DISTRIBUTE RESOURCES THAT ENRICH AND ENHANCE EDUCATION OPPORTUNITIES FOR ALL STUDENTS, ENCOURAGE TEACHERS TO IMPLEMENT INNOVATIVE EDUCATIONAL PROGRAMS, AND AWARD SCHOLARSHIPS TO GREATER ALBANY PUBLIC SCHOOL DISTRICT STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO HIGH SCHOOL STUDENTS: AFTER INDIVIDUAL APPLICATIONS ARE APPROVED BY THE BOARD, SCHOLARSHIPS ARE AWARDED TO GRADUATING STUDENTS WHO WILL BE ATTENDING HIGHER EDUCATION INSTITUTIONS. A TOTAL OF 114 TRADITIONAL SCHOLARSHIPS WERE AWARDED TO GRADUATING STUDENTS ATTENDING COLLEGE AND/OR TRADE SCHOOL. INSTALLMENT PAYMENTS ON EXISTING SCHOLARSHIPS WERE PAID OUT TO 17 STUDENTS.


STUDENT ASSISTANCE PROGRAM -- K-12 & POST-SECONDARY: K-12 ASSISTANCE PROVIDES BASIC NEEDS FOR LOW-INCOME STUDENTS. POST- SECONDARY ASSISTANCE PROVIDES SUPPORT FOR STUDENTS CHOSEN BY EACH OF THE THREE ALBANY HIGH SCHOOLS. SUPPORT INCLUDES MENTORS, SCHOOL SUPPLIES, AND FINANCIAL ASSISTANCE. STUDENT ASSISTANCE SCHOLARSHIPS WERE AWARDED TO 12 NEW RECIPIENTS IN JUNE 2022. EXISTING STUDENT ASSISTANCE RECIPIENTS RECEIVED 17 SECOND INSTALLMENTS.


CLASSROOM & ENRICHMENT PROGRAMS FOR PRE-K THROUGH HIGH SCHOOL: THE CLASSROOM GRANT AND ENRICHMENT PROGRAMS PROVIDE FUNDS TO OUR SCHOOLS TO SUPPLEMENT THEIR ARTS, PE/HEALTH/WELLNESS, AND STEM ACTIVITIES. GRANT PROGRAMS INCLUDE THE BIG IMPACT GRANT, CLASSROOM GRANTS, ENRICHMENT GRANTS, SPECIAL CIRCUMSTANCE GRANTS, DONOR DESIGNATED GRANTS, OTHER GRANTS, STEM GRANTS, AND SUICIDE PREVENTION.


OTHER PROGRAM SERVICES INCLUDES DISTANCE LEARNING SUPPORT, SUICIDE PREVENTION AND OTHER GRANTS TO SCHOOL GROUPS EARNED THROUGH EVENT PARTICIPATION IN THE IRUN FOR KIDS AND ICELEBRATE KIDS EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Madison M Yock
Executive Di
$80,000
Aimee Addison
Exexecutive
$66,250
Erik Fedler
President
$0
Joanne Alford
Past Preside
$0
Lynn Hubert
Member
$0
Monica Banks-Figueroa
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$650
Related organizations$0
Government grants $350,762
All other contributions, gifts, grants, and similar amounts not included above$365,941
Noncash contributions included in lines 1a–1f $28,486
Total Revenue from Contributions, Gifts, Grants & Similar$717,353
Total Program Service Revenue$24,354
Investment income $69,949
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $167,101
Net Income from Fundraising Events $77,455
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,056,212

Grants Awarded

Over the last fiscal year, Albany Public Schools Foundation has awarded $138,574 in support to 2 organizations.

Grant RecipientAmount

GREATER ALBANY PUBLIC SCHOOLS

PURPOSE: CLASSROOM/ENRICHMENT

$88,544

GREATER ALBANY PUBLIC SCHOOLS

PURPOSE: STUDENT ASSISTANCE

$50,030
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Albany Public Schools Foundation has recieved totaling $537.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$537
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,209,387
Earnings-$397,260
Net Contributions$25,659
Ending Balance$2,837,786

Peer Organizations

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