San Francisco Education Fund
- Assets
- $10.7m
- Revenue
- $8.3m
- Investments
- $9.2m
- Employees
- 20
- Location
- San Francisco, CA
- Founding
- 04/1965
- Data as of
- 06/2021
- EIN
- 94-1592822
Organization Overview
San Francisco Education Fund is located in San Francisco, CA. The organization was established in 1965. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, San Francisco Education Fund employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Francisco Education Fund 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 06/2021, San Francisco Education Fund generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $7.0m during the year ending 06/2021. While expenses have increased by 17.7% per year over the past 6 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 2016, San Francisco Education Fund has awarded 63 individual grants totaling $4,664,695. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EQUIP STUDENTS WITH SKILLS TO SUCCEED IN COLLEGE, CAREER & CIVIC RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAISIN SCHOLAR AWARD PROGRAM OFFERS SCHOLARSHIPS AND COUNSELING TO 75 GRADUATING SENIORS FOR UP TO 4 YEARS OF POST-SECONDARY SCHOOLING.
THE PUBLIC ENGAGEMENT PROGRAM CONTINUES TO ENGAGE COMMUNITY MEMBERS IN ALL 117 SAN FRANCISCO PUBLIC SCHOOLS AS GENERAL VOLUNTEERS, TUTORS, MENTORS AND SUPPORTERS. A SUBSET OF THOSE SCHOOLS IS ALSO INVOLVED IN ITS CORPORATE PARTNERSHIP PROGRAM, CIRCLE THE SCHOOLS, AND RECEIVE GRANTS AS A RESULT.
THE LITERACY PROGRAM WORKS IN 5 HIGH-NEED ELEMENTARY SCHOOLS. IN EACH SCHOOL, THE EDUCATION FUND TRAINS AND PLACES VOLUNTEERS IN CLASSROOMS TO WORK ONE-ON-ONE WITH STUDENTS ON THEIR LITERACY SKILLS. THE EDUCATION FUND SUPPLEMENTS THOSE VOLUNTEERS WITH DIRECT GRANTS TO TEACHERS AND PRINCIPALS FOCUSED ON IMPROVING LITERACY IN THEIR CLASSROOM OR SCHOOL, AND USES DATA ANALYSIS TO IDENTIFY WHICH INDIVIDUAL STUDENTS OR GROUPS OF STUDENTS NEED OUR SUPPORT. THE MATH PROGRAM WORKS IN 4 HIGH-NEED MIDDLE SCHOOLS TO PLACE TRAINED MATH VOLUNTEERS IN CLASSROOMS OR AFTER-SCHOOL PROGRAMS, PROVIDE MATH RELATED GRANTS TO EDUCATORS, AND TARGETS THE STUDENTS MOST IN NEED. IN HIGH SCHOOL, THE EDUCATION FUND SHIFTS ITS EMPHASIS TO OUR COLLEGE AND CAREER READINESS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Wang CEO | Officer | 40 | $88,650 |
Rk Mahendran President | OfficerTrustee | 4 | $0 |
Jessica Bier Former President | OfficerTrustee | 4 | $0 |
Hilary Shirazi Treasurer | OfficerTrustee | 4 | $0 |
Izuakolam Akamiro Former Vice President | OfficerTrustee | 4 | $0 |
Daniel R Lentz Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $354,185 |
| Related organizations | $0 |
| Government grants | $163,232 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,512,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,030,412 |
| Total Program Service Revenue | $0 |
| Investment income | $153,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $218,171 |
| Net Income from Fundraising Events | -$108,368 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,294,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,192,605 |
| Grants and other assistance to domestic individuals. | $1,073,679 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,000 |
| Compensation of current officers, directors, key employees. | $10,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $815,988 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,996 |
| Payroll taxes | $81,839 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $54,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $81,976 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $278,736 |
| Advertising and promotion | $0 |
| Office expenses | $8,250 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,186 |
| 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 | $8,076 |
| Insurance | $13,208 |
| All other expenses | $15,660 |
| Total functional expenses | $6,987,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,019,192 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $481,970 |
| 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 | $21,796 |
| Net Land, buildings, and equipment | $13,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,156,368 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,692,453 |
| Accounts payable and accrued expenses | $157,641 |
| 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 | $14,514 |
| Total liabilities | $172,155 |
| Net assets without donor restrictions | $2,847,008 |
| Net assets with donor restrictions | $7,673,290 |
| 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 | $10,692,453 |
Grants Awarded
Over the last fiscal year, San Francisco Education Fund has awarded $4,192,605 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
SAN FRANCISCO HIGH SCHOOL OF THE ARTS PURPOSE: PROGRAM SERVICES | $927,000 |
BRAINVYNE INC PURPOSE: PROGRAM SERVICES | $450,000 |
YOUTHSF PURPOSE: PROGRAM SERVICES | $315,000 |
San Francisco, CA PURPOSE: PROGRAM SERVICES | $235,000 |
SAN FRANCISCO SOCCER CAMP PURPOSE: PROGRAM SERVICES | $224,250 |
CELSIUS AND BEYOND LLC PURPOSE: PROGRAM SERVICES | $223,500 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that San Francisco Education Fund has recieved totaling $5,411,776.
| Awarding Organization | Amount |
|---|---|
Crankstart Foundation San Francisco, CA PURPOSE: FOR THE COORDINATION AND DISTRIBUTION OF THE SCHOLARSHIP PAYMENTS FOR SUMMER CAMPS FOR PRIORITY SFUSD STUDENTS | $2,406,320 |
Crankstart Foundation San Francisco, CA PURPOSE: 2021 SUMMER PROGRAMMING - SUMMER CAMPS | $1,966,030 |
Tipping Point Community San Francisco, CA PURPOSE: BAY EDUCATION FUND / EDUCATION ISSUE AREA | $300,000 |
Crankstart Foundation San Francisco, CA PURPOSE: EVALUATION OF SUMMER TOGETHER | $200,000 |
Crankstart Foundation San Francisco, CA PURPOSE: TO HELP TRAIN CBO STAFF IN TRAUMA-INFORMED PROGRAMMING | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $101,500 |
Endowment Analysis
| Beg. Balance | $6,554,664 |
| Earnings | $2,020,147 |
| Other Expense | $976,070 |
| Ending Balance | $7,598,741 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Duffield Family Foundation Pleasanton, CA | $258,368,317 | $20,065,038 |
American Indian Model Schools Oakland, CA | $18,645,472 | $19,971,757 |
Partnership For Los Angeles Schools Los Angeles, CA | $63,718,377 | $31,128,437 |
Hamburger Home Los Angeles, CA | $14,127,988 | $18,500,267 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Summit Public Schools Washington Redwood City, CA | $14,247,719 | $16,987,121 |
All For Health Health For All Inc Glendale, CA | $29,884,317 | $23,523,677 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Oxford Preparatory Academy Aliso Viejo, CA | $8,703,539 | $15,190,265 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |