Castro Valley Educational Foundation

Organization Overview

Castro Valley Educational Foundation is located in Castro Valley, CA. The organization was established in 1982. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castro Valley Educational 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, Castro Valley Educational Foundation generated $151.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $116.1k during the year ending 06/2022. While expenses have increased by 7.9% 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

PROVIDE RESOURCES FOR EDUCATIONAL ACTIVITIES BEYOND THE STANDARD CURRICULUM AND TO PROVIDE INDEPENDENT FUNDING FOR WORTHY EDUCATIONAL PROGRAMS AFFECTED BY BUDGET REDUCTIONS.SPONSOR EDUCATIONAL ACTIVITIES THAT PROVIDE ADDITIONAL OPPORTUNITIES THAT WILL FOSTER A CULTURE OF EXCELLENCE IN ALL CASTRO VALLEY SCHOOLS.ENCOURAGE ACHIEVEMENT BY PROVIDING SCHOLARSHIPS, AWARDS, AND OTHER INCENTIVES FOR STUDENTS TO EXCEL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED 60 SCHOLARSHIPS TO CASTRO VALLEY STUDENTS, TO ENCOURAGE EDUCATIONAL ACHIEVEMENT.


PROVIDED FUNDING FOR EDUCATION PROGRAMS, INCLUDING WELLNESS PROGRAMS, FOR THE BENEFIT OF THE CASTRO VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY.


MISCELLANEOUS PROGRAM COSTS


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Board, Officers & Key Employees

Name (title)Compensation
Jamie Guess
Fin Secretary
$0
Suresh Bhat
President
$0
Rachel Syranian
Secretary
$0
David Fencsik
Treasurer
$0
Todd Anglin
Board Member
$0
Danielle Kiel
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,000
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$113,445
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$122,445
Total Program Service Revenue$0
Investment income $25,167
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $937
Net Income from Fundraising Events $3,266
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $151,815

Grants Awarded

Over the last fiscal year, Castro Valley Educational Foundation has awarded $61,672 in support to 2 organizations.

Grant RecipientAmount

BAY AREA CHILDRENS THEATER

PURPOSE: THEATER PROGRAMS

$36,216

CASTRO VALLEY UNIFIED SCH DIS

PURPOSE: educational activities/programs

$25,456
View Grant Profile

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