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Indianapolis Public Schools Education Foundation Inc

Indianapolis Public Schools Foundation

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

EIN: 311103966 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Indianapolis Public Schools Education Foundation Inc?

The Indianapolis Public Schools Education Foundation Inc, often referred to as IPSEF, is a dedicated nonprofit organization situated in Indianapolis, Indiana. Its primary mission is to enhance the educational experience of Indianapolis Public School (IPS) students by securing necessary resources. IPSEF supports IPS leadership in defining priorities for private investment, collaborating with community leaders, and engaging philanthropic champions to raise funds. This financial support aids in accelerating progress towards strategic priorities, including ensuring access to rigorous curriculum, promoting racial equity, and fostering student and family engagement. As of the provided data, IPSEF is staffed by a team of 5 individuals, working tirelessly to improve education in Indianapolis.


Official website here: www.ipsfund.org

Is Indianapolis Public Schools Education Foundation Inc legitimate?

Indianapolis Public Schools Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Public Schools Education 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: $223,016
Professional Fundraising Fees: $6,782
Other Salaries and Wages: $247,578

For more financial information, click here


Official website here: www.ipsfund.org

What is the mission statement of Indianapolis Public Schools Education Foundation Inc?

The Indianapolis Public Schools Education Foundation, an independent non-profit organization, focuses on securing philanthropic support to advance the strategic priorities of the Indianapolis Public Schools. They collaborate closely with community leaders and philanthropic champions to raise mission-critical funding, enabling the school system to accelerate progress and ensure the highest quality education experience for its students. The foundation works in tandem with IPS leadership to define priorities for private investment, ultimately aiming to enhance the overall educational experience for the students.


Official website here: www.ipsfund.org

Who is the CEO of Indianapolis Public Schools Education Foundation Inc?

Stephannie Bailey is the President of Indianapolis Public Schools Education Foundation Inc. The CEO's salary of Indianapolis Public Schools Education Foundation Inc is $214,401 and their total compensation is $223,431.


Official website here: www.ipsfund.org

What is the revenue of Indianapolis Public Schools Education Foundation Inc?

Indianapolis Public Schools Education Foundation Inc's revenue in 2023 was $6,355,840.


Official website here: www.ipsfund.org

Who are the executives of Indianapolis Public Schools Education Foundation Inc and what are their salaries?

The average compensation at Indianapolis Public Schools Education Foundation Inc during 2023 was $94,119. There are 5 employees and 9 volunteers at Indianapolis Public Schools Education Foundation Inc.

Here are 10 key members and their salaries (Indianapolis Public Schools Education Foundation Inc's CEO's salary is $214,401 and their total compensation is $223,431):

    Stephannie Bailey (Ceo)
  • Compensation: $214,401
  • Related: $0
  • Other: $9,030

    • Shaneka Pedersen (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Coffin (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Coleman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ginger Lippert (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Arnold (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirk Bevington (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Downing Jr (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Lerch (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Shelley (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ipsfund.org

    Where can I find the form 990 for Indianapolis Public Schools Education Foundation Inc?

    The Indianapolis Public Schools Education Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ipsfund.org

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

    Mission Statement of Indianapolis Public Schools Education Foundation Inc

    The Indianapolis Public Schools Education Foundation (IPSEF) serves Indiana Public School (IPS) students by securing resources to ensure the highest quality education experience possible. As an independent non-profit entity, IPSEF's mission is to secure philanthropic support, working closely with community leaders and philanthropic champions to raise mission-critical funding. This funding enables IPS leadership to accelerate progress and define priorities for private investment. In essence, IPSEF plays a crucial role in supporting the strategic priorities of IPS by leveraging philanthropic contributions to enhance the educational experience for its students.

    Impact

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




    Thursday, August 15, 2024

    Indianapolis Public Schools Education Foundation Inc's impact is significant in serving Indiana Public School (IPS) students by securing resources to ensure the highest quality education experience possible. Through grants to IPS for district support, the foundation covers a range of investments that support the strategic priorities of the district. These investments aim to advance academic achievement by ensuring access to rigorous curriculum, promoting racial equity, and fostering student and family engagement. The foundation's mission is to secure philanthropic support to advance the strategic priorities of the Indianapolis Public Schools, working closely with IPS leadership, community leaders, and philanthropic champions to raise mission-critical funding that enables IPS to accelerate progress in education.





    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 2023.

  • Investment Income: $213,468
  • Program Service Revenue: $969,594
  • Gross Receipts: $6,626,736

    • Assets and Liabilities:
  • Total Assets: $10,069,153
  • Total Liabilities: $1,318,735
  • Net Assets: $8,750,418
  • Programs

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

    EMPLOYINDY SERVICE REV

    Revenue

    $901,170

    IPS DATABASE PROJECT

    Revenue

    $68,424

    Organization Details

    Founding Year

    1984

    Principal Officer

    Stephannie Bailey

    Main Address

    120 EAST WALNUT STREET 116, INDIANAPOLIS, IN, 46204

    NTEE Category

    Code: B12 - Education

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