Coronado Schools Foundation

Organization Overview

Coronado Schools Foundation is located in Coronado, CA. The organization was established in 1982. 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 06/2022, Coronado Schools Foundation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coronado 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, Coronado Schools Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 2.6% 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

THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED SCHOOL DISTRICT STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY PURPOSE OF SCHOOL SITE PROGRAM GRANTS WITHIN THE CORONADO UNIFIED SCHOOL DISTRICT (CUSD) IS TO ENRICH THE QUALITY OF THE CURRICULUM AND PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CUSD STUDENTS. THESE PRIORITIES ARE IDENTIFIED BY THE SITE STRATEGIC PLANS OF EACH CUSD CAMPUS WHICH HAVE BEEN APPROVED BY THE RESPECTIVE STRATEGIC PLANNING COMMITTEES, CONSISTING OF TEACHERS, STUDENTS, PARENTS, ADMINISTRATORS, AND COMMUNITY MEMBERS, AS WELL AS THE CUSD GOVERNING BOARD. THESE GRANTS FUND TWO PATHWAYS: STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS AND ART - FOCUS ON VISUAL, PERFORMING AND DIGITAL ARTS.


DISTRICT PROGRAM FUNDING INLUDES TELETHON EVENT SUPPORT TO CORONADO MIDDLE AND HIGH SCHOOLS. CORONADO SCHOOLS FOUNDATION ENVISIONS A PUBLIC SCHOOLS COMMUNITY THAT PROVIDES STUDENTS AN OPPORTUNITY TO LEARN, THRIVE, AND REACH THEIR HIGHEST POTENTIAL TODAY AND INTO THEIR FUTURE.


SCHOLARSHIPS FOR MULTIPLE GRADUATING CORONADO HIGH SCHOOL SENIORS FROM PRIVATE DONORS AS WELL AS ENDOWED SCHOLARSHIPS WITHIN CORONADO SCHOOLS FOUNDATION FIDELITY INVESTMENT ACCOUNTS. THE CORONADO HIGH SCHOOL SENIOR AWARDS COMMITTEE MEMBERS MAKE THE DETERMINATION AS TO THE RECIPIENT(S) OF EACH AWARD BASED ON CRITERIA ESTABLISHED BY THE DONOR.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle R Gilmore
CEO & President
$49,366
Jeanmarie Bond
CEO & President (former)
$36,722
Daniel Shoemaker
Secretary
$0
Russ Haley
Chair
$0
Debbie Mcbride
Vice Chair
$0
Kathy Dimatteo
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$372,645
Related organizations$0
Government grants $82,000
All other contributions, gifts, grants, and similar amounts not included above$694,890
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,149,535
Total Program Service Revenue$58,405
Investment income $177,816
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$37,659
Net Income from Fundraising Events $45,173
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,393,270

Grants Awarded

Over the last fiscal year, Coronado Schools Foundation has awarded $758,132 in support to 6 organizations.

Grant RecipientAmount

CORONADO UNIFIED SCHOOL DISTRICT

PURPOSE: TO PROVIDE FUNDING FOR TECHNOLOGY RESOURCE TEACHER AND OTHER ESSENTIAL FUNDING.

$750,052

Coronado, CA

PURPOSE: TO FURTHER GOALS OF IMPROVING SCHOOLS BY SUPPORTING TEACHERS AND SCHOOLS.

$1,796

CORONADO HIGH SCHOOL PTO

Org PageRecipient Profile

Coronado, CA

PURPOSE: TO FURTHER GOALS OF IMPROVING SCHOOLS BY SUPPORTING TEACHERS AND SCHOOLS.

$1,796

CORONADO MIDDLE SCHOOL PTO

PURPOSE: TO FURTHER GOALS OF IMPROVING SCHOOLS BY SUPPORTING TEACHERS AND SCHOOLS.

$1,696

SILVER STRAND PTO

PURPOSE: TO FURTHER GOALS OF IMPROVING SCHOOLS BY SUPPORTING TEACHERS AND SCHOOLS.

$1,596

ISLANDER SPORTS FOUNDATION

Org PageRecipient Profile

Coronado, CA

PURPOSE: TO FURTHER GOALS OF IMPROVING SCHOOLS BY SUPPORTING TEACHERS AND SCHOOLS.

$1,196
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Coronado Schools Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Amritam Foundation

Scottsdale, AZ

PURPOSE: DONATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,323,965
Earnings-$503,974
Net Contributions$50,050
Other Expense$76,841
Ending Balance$2,793,200

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