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City Fund

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

EIN: 824938743 ✦ Beaverton, OR ✦ Designated as a 501(c)(3)

Overview

What is City Fund?

City Fund is a nonprofit organization dedicated to improving public education outcomes for local children in the United States, with a particular focus on low-income and disadvantaged kids. Based on the provided information, the organization invests in and supports city-based nonprofits through three core ways: advising, funding, and convening. In the advisory role, City Fund offers guidance and coaching to leaders of nonprofits striving to enhance public school outcomes. These organizations focus on creating new high-quality public schools, developing educator talent pipelines, engaging communities, and advocating for education policy improvements. City Fund's funding arm provides financial support to nonprofits concentrating on public school development and growth. Through strategic investments, City Fund empowers the most effective organizations working on the creation and expansion of high-performing public schools and educational programs for disadvantaged children. Lastly, City Fund convenes city-based education nonprofit leaders and stakeholders to facilitate peer-to-peer learning. These events bring together various stakeholders, allowing them to share approaches and insights on improving public education.


Is City Fund legitimate?

City Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Fund 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: $1,028,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,232,106

For more financial information, click here


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

Mission Statement of City Fund

City Fund is a philanthropic organization dedicated to supporting city-based non-profit groups in their efforts to enhance public education outcomes for local children. By investing in these organizations, City Fund aims to increase the number of high-performing public schools in cities and improve overall education results for disadvantaged children.

City Fund's mission is multifaceted. It not only provides financial support to non-profit organizations, but also offers advisory services and convenes influential stakeholders in the education sector. In the realm of advising, City Fund assists city-based non-profit organizations that are taking a leading role in creating new, high-quality public schools and developing educator talent pipelines. This guidance helps these organizations build strong foundations and effectively engage their communities to foster educational improvements.

Furthermore, City Fund furnishes funding to non-profit organizations that are focused on improving public schools and creating affiliated educational programming for disadvantaged children. Through strategic grantmaking, City Fund invests in the most effective and high-impact organizations, ensuring that their efforts yield positive results in the development and growth of high-quality public schools.

Lastly, City Fund convenes city-based education non-profit leaders and other key stakeholders, bringing them together to learn from one another and share best practices in various communities of practice. These events provide valuable opportunities for non-profit leaders, funders, and other stakeholders to discuss different approaches to improving public education and collaborate on new insights, ultimately strengthening the collective impact on disadvantaged children.

Impact

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




Thursday, August 15, 2024

City Fund's impact is significant in supporting city-based nonprofit organizations dedicated to improving public education outcomes for local children. By providing advising, funding, and convening opportunities, City Fund plays a crucial role in investing in the creation of new high-quality public schools, developing educator pipelines, engaging communities, and advocating for education policy improvements. Through strategic grantmaking and peer-to-peer learning events, City Fund helps drive positive changes in education for low-income and disadvantaged children, contributing to a more equitable and promising future for these communities.





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: $52,438
  • Program Service Revenue: $0
  • Gross Receipts: $115,823,271

    • Assets and Liabilities:
  • Total Assets: $118,722,969
  • Total Liabilities: $28,458,901
  • Net Assets: $90,264,068
  • Organization Details

    Founding Year

    2018

    Principal Officer

    John Arnold

    Main Address

    9450 SW GEMINI DRIVE PMB 28552, BEAVERTON, OR, 970087105

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of City Fund 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.