Nonprofits›Rocketship Education

Education

Rocketship Education

REDWOOD CITY, CA

WebsiteView as a funder

Total revenue

$187.0M

Total expenses

$171.8M

Net assets

$83.4M

Grants received

$22.1M

99 grants

EIN

204040597

Tax year

2023

Mission

Rocketship education is a national non-profit network of public elementary charter schools serving low-income communities with limited access to excellent schools.

Financials

FY 2023

Revenue

Contributions & grants$176.4M
Program service revenue—
Investment income$2.2M
Other revenue$8.4M
Total revenue$187.0M

Expenses

Grants paid—
Salaries & benefits$98.7M
Fundraising$564K
Other expenses$73.1M
Total expenses$171.8M
Total assets$271.4M
Net assets$83.4M

People

29 listed

NameRoleCompensation

PRESTON SMITH

CEO

Board

$346K

40 hrs/wk

MATTHEW SHAW

CFO (ENDED 06/2024)

Board

$320K

40 hrs/wk

BENJAMIN CARSON

CFO (STARTED 06/2024)/LDC EXEC. DIR.

Board

$222K

40 hrs/wk

DR DANIEL VELASCO

DIRECTOR

Board

—

2 hrs/wk

YOLANDA BERNAL SAMANO

DIRECTOR

Board

—

2 hrs/wk

MALKA BORREGO

DIRECTOR

Board

—

2 hrs/wk

JULIE MILLER

DIRECTOR

Board

—

2 hrs/wk

HUGO CASTANEDA

DIRECTOR

Board

—

2 hrs/wk

MICHELLE MERCADO

DIRECTOR

Board

—

2 hrs/wk

LOUIS JORDAN

BOARD CHAIR

Board

—

2 hrs/wk

DANIEL SANCHEZ

DIRECTOR

Board

—

2 hrs/wk

BRIAN KILB

DIRECTOR

Board

—

2 hrs/wk

APRIL TAYLOR

DIRECTOR

Board

—

2 hrs/wk

JUNE NWABARA

DIRECTOR

Board

—

2 hrs/wk

DEJA GIPSON

DIRECTOR

Board

—

2 hrs/wk

PETER PHILPOTT

BOARD ADVISOR

Board

—

2 hrs/wk

RAJEN SHETH

DIRECTOR

Board

—

2 hrs/wk

GREG STANGER

BOARD SECRETARY

Board

—

2 hrs/wk

ALEX TERMAN

BOARD TREASURER

Board

—

2 hrs/wk

DR RAYMOND RAVEN

DIRECTOR

Board

—

2 hrs/wk

JOLENE SLOTER

DIRECTOR

Board

—

2 hrs/wk

CHARMAINE DETWEILER

DIRECTOR

Board

—

2 hrs/wk

DEBORAH MCGRIFF

DIRECTOR

Board

—

2 hrs/wk

MICHAEL FOX

DIRECTOR

Board

—

2 hrs/wk

MARIA HEREDIA

CHIEF LEGAL OFFICER

Staff

$300K

40 hrs/wk

LAMAR WADE

CHIEF PEOPLE OFFICER

Staff

$294K

40 hrs/wk

MARICELA GUERRERO

EXECUTIVE DIRECTOR, CALIFORNIA

Staff

$267K

40 hrs/wk

STEPHEN COLLER

CHIEF STRATEGY OFFICER

Staff

$266K

40 hrs/wk

CHRISTOPHER MURPHY

CHIEF COMMUNICATIONS OFFICER

Staff

$251K

40 hrs/wk

Independent contractors

RLCL ACQUISITION LLC

STUDENT TRANSPORTATION

$1.3M

THE STEPPING STONES GROUP LLC

SPED CONSULTANTS

$357K

ALEJANDRO SEVILLA

CUSTODIAL SERVICES

$354K

CLIFTONLARSONALLEN LLP

AUDIT AND CONSULTING

$331K

QUAD C LE HOLDINGS LLC

SCHOOL SERVICES AND CONSULTING

$295K

Grants received

Showing 99 of 99

FromAmountPurposeYear
CHARTER FUND INC
$1.5M
CHARTER SCHOOL CAPACITY-BUILDING
2024
FORT WORTH EDUCATION PARTNERSHIP INC
$1M
EDUCATION MODEL
2024
50CAN INC
$560K
TO SUPPORT SUMMER BOOST
2024
SILICON SCHOOLS FUND INC
$237K
TO SUPPORT OPERATIONS OF THE SCHOOL
2024
STANLEY AND JOLENE SLOTER
$100K
TO SUPPORT EDUCATIONAL INITIATIVES.
2024
CHARTER FUND INC
$100K
IMPACT AND INNOVATION
2024
Silicon Valley Community Foundation
$30K
Education
2024
AMERICAN ONLINE GIVING FOUNDATION INC
$16K
GENERAL SUPPORT
2024
EDUCATION FORWARD DC
$15K
GENERAL OPERATIONS
2024
AMERICAN ENDOWMENT FOUNDATION
$13K
EDUCATIONAL
2024
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$1.0M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
50CAN INC
$722K
TO SUPPORT SUMMER BOOST
2023
CHARLES AND HELEN SCHWAB FOUNDATION
$400K
Education
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$321K
For grant recipient's exempt purposes
2023
CHARTER FUND INC
$275K
IMPACT AND INNOVATION
2023
CHARTER FUND INC
$200K
IMPACT AND INNOVATION
2023
STANLEY AND JOLENE SLOTER
$120K
TO SUPPORT EDUCATIONAL INITIATIVES.
2023
SILICON SCHOOLS FUND INC
$111K
TO SUPPORT OPERATIONS OF THE SCHOOL
2023
AMERICAN ONLINE GIVING FOUNDATION INC
$15K
GENERAL SUPPORT
2023
GREATER MILWAUKEE FOUNDATION INC
$12K
SUPPORTING STUDENTS WITH SPECIAL NEEDS
2023
DONOR ADVISED CHARITABLE GIVING INC
$12K
EDUCATION
2023
AMERICAN ENDOWMENT FOUNDATION
$10K
EDUCATIONAL
2023
NATIONAL PHILANTHROPIC TRUST
$10K
PUBLIC, SOCIETAL BENEFIT
2023
The Robert and Dawn Zuilhof Family Foundation
$2K
General & Unrestricted
2023
CHARTER FUND INC
$700K
CHARTER SCHOOL GROWTH
2022
CHARLES AND HELEN SCHWAB FOUNDATION
$450K
K-12 Education Reform
2022
CHARTER FUND INC
$325K
CHARTER SCHOOL GROWTH
2022
CHARTER FUND INC
$250K
IMPACT AND INNOVATION
2022
SILICON SCHOOLS FUND INC
$190K
TO SUPPORT THE EXPANSION OF THE INNOVATION PROGRAM, TO SUPPORT OPERATIONS OF THE SCHOOL
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$143K
For grant recipient's exempt purposes
2022
GS DONOR ADVISED PHILANTHROPY FUND
$123K
EDUCATION
2022
NATIONAL ALLIANCE FOR PUBLIC CHARTER
$116K
GRANT TO PARTICIPATE IN DC PARENT RALLY
2022
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$59K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
QUEST FOUNDATION
$50K
TO CATALYZE TRANSFORMATIVE CHANGE IN LOW-INCOME COMMUNITIES THROUGH A SCALABLE AND SUSTAINABLE PUBLIC SCHOOL MODEL THAT PROPELS STUDENT ACHIEVEMENT, DEVELOPS EXCEPTIONAL EDUCATORS, AND PARTNERS WITH PARENTS WHO ENABLE HIGH-QUALITY PUBLIC SCHOOLS TO THRIVE IN THEIR COMMUNITY.
2022
CITY FORWARD COLLECTIVE INC
$50K
PROVIDE SUPPORT FOR THEIR TEACHER RECRUITMENT AND RETENTION INITIATIVE
2022
Silicon Valley Community Foundation
$30K
Education
2022
TISBEST PHILANTHROPY
$20K
SEE TISBEST MISSION
2022
NATIONAL PHILANTHROPIC TRUST
$18K
EDUCATION
2022
CHARTER FUND INC
$12K
CHARTER SCHOOL CAPACITY-BUILDING
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$5K
GENERAL SUPPORT
2022
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$1.6M
For recipient's exempt purpose
2021
CITY FUND
$480K
OPERATING SUPPORT
2021
CHARTER FUND INC
$450K
CHARTER SCHOOL GROWTH
2021
FORT WORTH EDUCATION PARTNERSHIP INC
$228K
EDUCATION MODEL
2021
LAUNCHPAD DEVELOPMENT COMPANY
$200K
FINANCIAL AID, TUITION AND FEES REMISSION, TECHNOLOGY GRANTS AND TRIP SCHOLARSHIPS
2021
SILICON SCHOOLS FUND INC
$186K
TO SUPPORT OPERATIONS OF THE SCHOOL
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$99K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$99K
For grant recipient's exempt purposes
2021
CITY FORWARD COLLECTIVE INC
$50K
PROVIDE SUPPORT FOR THEIR TEACHER RECRUITMENT AND RETENTION INITIATIVE
2021
JEWISH COMMUNITY FEDERATION OF SAN
$50K
EDUCATION
2021
QUEST FOUNDATION
$46K
TO CATALYZE TRANSFORMATIVE CHANGE IN LOW-INCOME COMMUNITIES THROUGH A SCALABLE AND SUSTAINABLE PUBLIC SCHOOL MODEL THAT PROPELS STUDENT ACHIEVEMENT, DEVELOPS EXCEPTIONAL EDUCATORS, AND PARTNERS WITH PARENTS WHO ENABLE HIGH-QUALITY PUBLIC SCHOOLS TO THRIVE IN THEIR COMMUNITY.
2021
CHARTER FUND INC
$40K
CHARTER COMMUNICATIONS
2021
AMERICAN ONLINE GIVING FOUNDATION INC
$21K
GENERAL SUPPORT
2021
THE CHARLES E KUBLY FOUNDATION INC
$17K
PROGRAM SUPPORT
2021
THE BATTERY FOUNDATION
$10K
GENERAL OPERATING SUPPORT
2021
CALIFORNIA CHARTER SCHOOLS ASSOCIATION
$6K
CHARTER SCHOOL LEGAL DEFENSE FUND GRANT
2021
TIPPING POINT COMMUNITY
$800K
CORE PORTFOLIO
2020
CHARLES AND HELEN SCHWAB FOUNDATION
$425K
Disaster Relief
2020
Kleinheinz Family Foundation For The Arts And Education
$417K
CASH GRANT TO THE GENERAL FUND
2020
CHARTER FUND INC
$325K
CHARTER SCHOOL GROWTH
2020
SILICON SCHOOLS FUND INC
$229K
TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL
2020
CALIFORNIA CHARTER SCHOOLS ASSOCIATION
$138K
ENROLLMENT GROWTH GRANT/CHARTER SCHOOL LEGAL DEFENSE FUND GRANT
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$113K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
CITYBRIDGE FOUNDATION
$100K
EDUCATION GRANT
2020
CITY FORWARD COLLECTIVE INC
$100K
SCHOOL EXPANSION INITIATIVE
2020
LOUIS CALDER FOUNDATION
$100K
JETPACKED
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$100K
For grant recipient's exempt purposes
2020
CHARTER FUND INC
$30K
PANDEMIC RELIEF - REMOTE LEARNING
2020
CHARTER FUND INC
$20K
PANDEMIC RELIEF - REMOTE LEARNING
2020
THE BROAD CENTER
$19K
FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$19K
GENERAL SUPPORT
2020
THE SOBRATO FAMILY FOUNDATION
$15K
COVID-19 RAPID RESPONSE
2020
Silicon Valley Community Foundation
$10K
Education
2020
CAROL AND GENE LUDWIG FAMILY FOUNDATION
$5K
GENERAL OPERATING SUPPORT
2020
TIPPING POINT COMMUNITY
$900K
CORE PORTFOLIO
2019
THE NORMAN R RALES AND RUTH RALES
$261K
EDUCATIONAL SUPPORT
2019
CITY FORWARD COLLECTIVE INC
$130K
PROVIDE SUPPORT FOR THEIR TEACHER RECRUITMENT AND RETENTION INITIATIVE
2019
LAUNCHPAD DEVELOPMENT COMPANY
$100K
TO SUPPORT ROCKETSHIP PUBLIC SCHOOLS
2019
CALIFORNIA CHARTER SCHOOLS ASSOCIATION
$74K
ENROLLMENT GROWTH GRANT
2019
DONOR ADVISED CHARITABLE GIVING INC
$51K
EDUCATION
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$51K
For grant recipient's exempt purposes
2019
JEWISH COMMUNITY FEDERATION OF SAN
$50K
EDUCATION
2019
LOUIS CALDER FOUNDATION
$25K
COVID-19 EMERGENCY FUND
2019
AMERICAN ONLINE GIVING FOUNDATION INC
$23K
GENERAL SUPPORT
2019
TIPPING POINT COMMUNITY
$750K
GENERAL OPERATING SUPPORT
2018
LAUNCHPAD DEVELOPMENT COMPANY
$625K
TO SUPPORT ROCKETSHIP PUBLIC SCHOOLS
2018
SILICON SCHOOLS FUND INC
$600K
TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL
2018
CHARLES AND HELEN SCHWAB FOUNDATION
$400K
K-12 Education Reform
2018
CITYBRIDGE FOUNDATION
$100K
Education Grant
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$39K
For grant recipient's exempt purposes
2018
CITYBRIDGE FOUNDATION
$15K
Event Sponsorship
2018
GS DONOR ADVISED PHILANTHROPY FUND
$10K
GENERAL SUPPORT
2018
THE GREG AND LISA STANGER
$10K
EDUCATION PURPOSES
2018
LAUNCHPAD DEVELOPMENT COMPANY
$1.1M
TO SUPPORT ROCKETSHIP PUBLIC SCHOOLS.
2017
TIPPING POINT COMMUNITY
$600K
GENERAL OPERATING SUPPORT
2017
JEWISH COMMUNITY FEDERATION OF SAN
$150K
EDUCATION
2017
CALIFORNIA CHARTER SCHOOLS ASSOCIATION
$100K
ENROLLMENT GROWTH
2017
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$40K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
NATIONAL PHILANTHROPIC TRUST
$35K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$22.1M from 36 funders · 99 grants · 2017–2024

Charter Fund Inc

$4.2M · 13 grants · 2020–2024

Tipping Point Community

$3.0M · 4 grants · 2017–2020

Vanguard Charitable Endowment Program

$2.7M · 4 grants · 2020–2023

Launchpad Development Company

$2.1M · 4 grants · 2017–2021

Charles And Helen Schwab Foundation

$1.7M · 4 grants · 2018–2023

Silicon Schools Fund Inc

$1.6M · 6 grants · 2018–2024

50Can Inc

$1.3M · 2 grants · 2023–2024

Fort Worth Education Partnership Inc

$1.2M · 2 grants · 2021–2024

Details

EIN204040597
NTEE codeB29
Subsection03
Ruling date2006-12
Formed2006
Employees1476
Volunteers350
ROCKETSHIP EDUCATION — Mission, Financials & Grants Received | Grantivo