NonprofitsAcademic Magnet Foundation

Education

Academic Magnet Foundation

N CHARLESTON, SC

Total revenue

$77K

Total expenses

$69K

Net assets

$206K

Grants received

$33K

5 grants

EIN

262530146

Tax year

2023

Mission

The academic magnet foundation (amf) exists to safeguard the mission of academic magnet high school (amhs) with readily available financial backing and human capital to ensure that its students are prepared to thrive in an increasingly competitive global community. Academic magnet high school seeks to deliver a rigorous curriculum, state-of-the-art facilities and an engaging, committed faculty to foster love of scholarship, leadership and social responsibilty. By planning for and responding to the dynamic needs of our students and faculty, the foundation's vision is to preserve the long-term excellence of the amhs community by supporting leading-edge academic and arts enrichment opportunities and prepare our students to become successful and productive citizens of the world. The amf's resources, including community and business partnerships, will provide discretionary capital independent of but transparent to the charleston county school district.

Financials

FY 2023

Revenue

Contributions & grants$75K
Program service revenue
Investment income$3K
Other revenue
Total revenue$77K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$67K
Total expenses$69K
Total assets$224K
Net assets$206K

People

9 listed

NameRoleCompensation

CHAD TIPPEY

TREASURER

Board

0

CHARLES CLAUS

BOARD CHAIR

Board

0

JACOB PERIMUTTER

PRINCIPAL

Board

0

JAY MEYER

SECRETARY

Board

0

HELEN ANN HARPER

BOARD MEMBER

Board

0

JENNY HEICHELBECH

BOARD MEMBER

Board

0

NEVES RICHARDS

BOARD MEMBER

Board

0

JESSICA BROWNING

BOARD MEMBER

Board

0

MATT WINEBRENNER

BOARD MEMBER

Board

0

Grants received

Showing 5 of 5

FromAmountPurposeYear
$500
PROGRAM/OPERATING SUPPORT
2018

Funded by

$33K from 3 funders · 5 grants · 2018–2024

Coastal Community Foundation Of South

$27K · 2 grants · 2023–2024

The Bank of America Charitable Foundation Inc

$750 · 2 grants · 2018–2021

Details

EIN262530146
NTEE codeB19
Subsection03
Ruling date2014-01
ACADEMIC MAGNET FOUNDATION — Mission, Financials & Grants Received | Grantivo