NonprofitsThe Schools Foundation Inc

Education

The Schools Foundation Inc

HUNTSVILLE, AL

Total revenue

$631K

Total expenses

$512K

Net assets

$1.1M

Grants received

$462K

19 grants

EIN

581955411

Tax year

2024

Mission

To create higher expectations and widespread community support for the schools in madison county, leading to world-class performance of principals, teachers, and students.

Programs

4 programs

Nbct - raise your hand is a bold initiative to have the nation's highest concentration of national board certified teachers, or nbcts, in our huntsville city, madison city, and madison county school systems. National board certification is the most respected professional certification available in k-12 education. The initiative is a partnership of the creative cities fund, the philanthropic arm of the huntsville committee of 100, and the schools foundation. The $1 million goal will fund 500 new nbcts in five years across the three school systems in madison county.

Expenses: $109K

Early Literacy Program - The program provides teachers with high-quality reading instruction training to enable children to become confident and skilled readers.

Expenses: $50K

Madison County School System's GEMS: This is a gifted education program for students in Madison County schools that allows them to explore subjects and concepts in-depth and work on "out of the box" ideas

Expenses: $40KGrants: $40K

Patrons and players fund exists to support the extracurricular endeavors of eligible students through financial donations from individuals, sponsors, and families. We believe that no student should be left on the sidelines based on fiancial need. The program supports activities to include but are not limited to school, club, and city league sports as well as music, drama and art extracurriculars.

Expenses: $38KGrants: $38K

Financials

FY 2024

Revenue

Contributions & grants$596K
Program service revenue
Investment income$51K
Other revenue
Total revenue$631K

Expenses

Grants paid$78K
Salaries & benefits$118K
Fundraising$39K
Other expenses$316K
Total expenses$512K
Total assets$1.1M
Net assets$1.1M

People

19 listed

NameRoleCompensation

JEANNE GREER

EXECUTIVE DIRECTOR

Board

$70K

40 hrs/wk

MARY BETH WILSON

PRESIDENT

Board

4 hrs/wk

PAIGE NIX

TREASURER

Board

4 hrs/wk

TARON THORPE

VICE PRESIDENT

Board

4 hrs/wk

AMBER MONTGOMERY

DIRECTOR

Board

1 hrs/wk

Ana Santos-Diaz

Director

Board

1 hrs/wk

DEBRA WEST

DIRECTOR

Board

1 hrs/wk

ERIN COBB

DIRECTOR

Board

1 hrs/wk

LAURA BARNARD

DIRECTOR

Board

1 hrs/wk

DREW HARTT YARBROUGH

SECRETARY

Board

4 hrs/wk

LORI LIGHT

DIRECTOR

Board

1 hrs/wk

MARK DEBRO

DIRECTOR

Board

1 hrs/wk

MELANIE FORBES

DIRECTOR

Board

1 hrs/wk

PAT GARNER

DIRECTOR

Board

1 hrs/wk

SARAH FANNING

DIRECTOR

Board

1 hrs/wk

SHANNON NEBLETT

DIRECTOR

Board

1 hrs/wk

SYDNEY MARTIN

DIRECTOR

Board

1 hrs/wk

TAMMY SUMMERVILLE

DIRECTOR

Board

1 hrs/wk

LIBBY PARKER

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$108K
Capital Campaigns, Operations Support
2024
$50K
FUNDS TO ASSIST IN THE OPERATIONAL FUNDING OF THE OVERALL OPERATIONAL BUDGET TO SUPPORT SEVERAL PROGRAMS AND INITIATIVES WHICH BENEFIT THE HUNTSVILLE CITY SCHOOL, MADISON CITY SCHOOLS AND MADISON COUNTY SCHOOLS.
2024
$3K
GENERAL SUPPORT
2022
$8K
STEM SCHOLARSHIPS
2021
$1K
Recharge - A Teacher Initiative
2021
$1K
A+ College Ready Program
2020
$1K
A+ College Ready Program
2019
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$1K
A+College Ready Program
2017

Funded by

$462K from 7 funders · 19 grants · 2017–2024

Community Foundation of Greater Huntsville

$372K · 8 grants · 2018–2024

National Space Club - Huntsville

$23K · 3 grants · 2019–2021

Aerojet Rocketdyne Foundation

$4K · 4 grants · 2017–2021

Tegna Foundation Inc

$3K · 1 grant · 2022

Parker Griffith Family Foundation

$1K · 1 grant · 2023

Details

EIN581955411
NTEE codeB112
Subsection03
Ruling date1991-10
Formed2000
Employees2
Volunteers18
THE SCHOOLS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo