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Schoolseed Foundation

Schoolseed

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

EIN: 264477567 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Schoolseed Foundation?

The Schoolseed Foundation is a nonprofit organization situated in Memphis, Tennessee. With a strong focus on public education, the foundation aims to enhance outcomes for schools, educators, students, and families. It raises private funds to bolster public education, fosters collaborations with school districts and the philanthropic community, and offers development opportunities for educators and administrators. The foundation's initiatives encompass fiscal management, teacher retention and recognition projects, school-based support programs, and publications for parents. Additionally, they provide reading tutors, supports for effective teaching, leadership training, and special projects addressing emerging needs. The ultimate goal is to boost college attendance and graduation rates, contributing to community development and social equity.


Is Schoolseed Foundation legitimate?

Schoolseed Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schoolseed Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $716,991

For more financial information, click here


What is the mission statement of Schoolseed Foundation?
Who is the CEO of Schoolseed Foundation?
What is the revenue of Schoolseed Foundation?
Who are the executives of Schoolseed Foundation and what are their salaries?
Where can I find the form 990 for Schoolseed Foundation?

Mission Statement of Schoolseed Foundation

The Schoolseed Foundation is an independent non-profit organization dedicated to supporting public schools in Shelby County. Their mission is multifaceted, encompassing several key areas. Primarily, they aim to raise funds for programs that federal, state, and local entities may overlook, ensuring that public education receives the necessary resources.

Beyond fundraising, the Foundation plays a pivotal role in coordinating community efforts to support public education. They offer development and training opportunities for teachers and administrators, recognizing that the success of schools is closely tied to the capabilities of their educators. Additionally, the Foundation manages programs in schools that are specifically designed to accelerate student achievement.

The Schoolseed Foundation's theory of change is centered around the idea that capacity building in schools, supporting teachers and leaders, promoting rigorous curriculum, setting targets for improvement, and fostering effective teaching practices can significantly enhance student and school achievement. In practice, this translates into a collaborative partnership with school districts and their leadership, as well as with the philanthropic and business communities. The Foundation also provides supplementary supports to students, teachers, and administrators, and tracks the progress of their projects to ensure their effectiveness.

In essence, the Schoolseed Foundation serves as a catalyst for positive change in public education, leveraging private resources to bolster public schools, empowering educators, and ultimately, improving student outcomes. Their mission is a testament to their commitment to equity, access, and community development in the realm of education.

Impact

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




Thursday, August 15, 2024

Schoolseed Foundation has a significant impact on public schools in Shelby County by raising funds for various programs that enhance the educational outcomes for students. The foundation focuses on providing support to teachers and administrators, implementing school-based projects, and offering development and training opportunities. By managing private resources and coordinating community efforts, Schoolseed Foundation accelerates student achievement, improves teacher retention, and contributes to the overall success of public education in the area.





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: $21,964
  • Program Service Revenue: $104,646
  • Gross Receipts: $2,826,393

    • Assets and Liabilities:
  • Total Assets: $9,717,016
  • Total Liabilities: $314,427
  • Net Assets: $9,402,589
  • Programs

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

    Administrative Fees

    Revenue

    $87,274

    Organization Details

    Founding Year

    2009

    Principal Officer

    Vincent Mccaskill

    Main Address

    P O Box 111169, Memphis, TN, 38111

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Schoolseed Foundation 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.