nonprofit logo

Steppingstone Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043086666 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Steppingstone Foundation Inc?

Steppingstone Foundation Inc, based in Boston, Massachusetts, is a nonprofit organization dedicated to empowering motivated fifth- and sixth-graders from underserved communities in Boston. Through an intensive after-school and summer academic program, Steppingstone helps these students gain admission to independent, exam, or Boston Public Schools in the sixth, seventh, or ninth grades. After completing the academic component, scholars receive ongoing support, including mentoring, extracurricular activities, and college guidance, to ensure their academic success and eventual graduation from a four-year college. Yearly, Steppingstone serves approximately 1,400 scholars from grades 5 to college. An impressive 89% of scholars who complete the academic preparation component are admitted to independent or public schools, 99% graduate from high school, and 92% enroll at four-year colleges. Additionally, 80% of graduates earn a college degree within six years. Steppingstone's mission is to prepare students from historically marginalized communities to access, navigate, and succeed in higher education.


Official website here: www.tsf.org

Is Steppingstone Foundation Inc legitimate?

Steppingstone Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steppingstone Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $555,464
Professional Fundraising Fees: $125,400
Other Salaries and Wages: $2,809,497

For more financial information, click here


Official website here: www.tsf.org

What is the mission statement of Steppingstone Foundation Inc?

The Steppingstone Foundation Inc is dedicated to helping students from historically marginalized communities gain access to and succeed in college. Through their Scholars Program, the foundation prepares motivated fifth- to sixth-graders with an intensive academic program designed to assist them in entering independent, exam, or public schools. Once admitted, the students receive ongoing support services, including mentoring, extracurricular activities, and college guidance. The foundation's efforts have been effective, with approximately 89% of students gaining admission to an independent or public school, 99% graduating from high school, and 92% enrolling at four-year colleges. Of these students, 80% ultimately graduate within six years.


Official website here: www.tsf.org

Who is the CEO of Steppingstone Foundation Inc?

Donavan Brown is the President of Steppingstone Foundation Inc.


Official website here: www.tsf.org

What is the revenue of Steppingstone Foundation Inc?

Steppingstone Foundation Inc's revenue in 2022 was $16,364,119.


Official website here: www.tsf.org

Who are the executives of Steppingstone Foundation Inc and what are their salaries?

The average compensation at Steppingstone Foundation Inc during 2022 was $24,035. There are 140 employees and 232 volunteers at Steppingstone Foundation Inc.

Here are 35 key members and their salaries:

    Kelly Glew (President)
  • Compensation: $179,106
  • Related: $0
  • Other: $10,889

    • Kate Wood (Cao)
  • Compensation: $152,456
  • Related: $0
  • Other: $28,466

    • Kerry L Tavernese (Cfoo)
  • Compensation: $139,492
  • Related: $0
  • Other: $10,078

    • Christopher Parris (Cpo)
  • Compensation: $108,571
  • Related: $0
  • Other: $14,369

    • Angela Bouchard (Cto)
  • Compensation: $110,063
  • Related: $0
  • Other: $6,899

    • Karin Elliott (Ed - Npea)
  • Compensation: $105,132
  • Related: $0
  • Other: $6,368

    • Donavan Brown (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Galbraith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Henderson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Jefferson Casper (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Jacquet Araujo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Bland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Block (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Conway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Vincent Chiang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Lind Danziger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Driscoll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peg Flanagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fabian Fondriest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Gelb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Gilbane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Goldstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Holding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabelle Loring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Melvoin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mariel Novas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Stephanie Pinder-Amaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Sacerdote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Skerritt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilary N Steinert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sofia Teixeira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Perry Traquina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Weymouth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tsf.org

    Where can I find the form 990 for Steppingstone Foundation Inc?

    The Steppingstone Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tsf.org

    Learn more at the official website: www.tsf.org

    Mission Statement of Steppingstone Foundation Inc

    Steppingstone Foundation Inc, a nonprofit organization, is committed to preparing students from historically marginalized communities to gain access to, navigate, and graduate from college. By providing an intensive after-school and summer academic program, Steppingstone Scholars Program helps motivated fifth- and sixth-graders from underserved communities in Boston. This program equips these students with the necessary skills to secure admission to independent, exam, or Boston Public Schools in the sixth, seventh, or ninth grades.

    Once students complete the academic preparation component, Steppingstone Foundation Inc offers essential support services. These include mentoring, extracurricular activities, and college guidance to ensure the students' success in school and ultimately graduation from a four-year college. Every year, this program assists approximately 1,400 scholars in grades 5 to college. Remarkably, 89% of scholars who complete the academic preparation component get admitted to an independent or public exam school, 99% graduate from high school, and 92% enroll at four-year colleges. Among these students, 80% graduate from four-year colleges within six years.

    Impact

    This information is meant to be a general summary of Steppingstone Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Steppingstone Foundation Inc's impact is profound in preparing motivated fifth- and sixth-graders from historically marginalized communities in Boston to access, navigate, and graduate from college. Through their intensive after-school and summer academic program, they assist students in gaining admission to independent, exam, or Boston public schools. The organization's support services, including mentoring, extracurricular activities, and college guidance, ensure that students succeed in their academic journey and ultimately graduate from a four-year college.

    Each year, the Steppingstone Scholars Program serves approximately 1,400 scholars from grades 5 to college. The results are remarkable, with about 89% of scholars gaining admission to independent or public exam schools, 99% graduating from high school, and 92% enrolling in four-year colleges. Furthermore, an impressive 80% of Steppingstone scholars graduate from four-year colleges within six years. Their impact is evident in the increased access to education, graduation rates, and college success among the historically marginalized communities they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,018,407
  • Program Service Revenue: $234,078
  • Gross Receipts: $19,781,806

    • Assets and Liabilities:
  • Total Assets: $21,511,521
  • Total Liabilities: $2,044,926
  • Net Assets: $19,466,595
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIP INCOME

    Revenue

    $148,115

    CONFERENCE INCOME

    Revenue

    $85,963

    Organization Details

    Founding Year

    1990

    Principal Officer

    Donavan Brown

    Main Address

    ONE APPLETON STREET 4TH FLOOR, BOSTON, MA, 02116

    NTEE Category

    Code: B280 - Education

    If you are a representative of Steppingstone Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.