Madison Public Schools Foundation
Madison Public Schools Foundation
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About this organization
Mission
The foundation is committed to supporting the education of every child by raising private funds, awarding grants, developing community partnerships, and advocating for Madison's public schools.
About
The foundation creates permanent endowment funds and non-endowed funds to support educational opportunities in Madison's public schools and provides support to schools to raise funds for their programs, projects, and students. In 2019, $89,397 was awarded through the individual school endowments. The foundation also provides support in raising and disbursing funds for 49 designated endowment funds. In 2019, $59,300 was awarded. The foundation also provides support in raising and disbursing funds for 68 non-endowed funds. In 2019, $450,687 supported a variety of school programs and projects.
Interesting data from their 2020 990 filing
The filing specifies the mission of the non-profit as “The foundation is committed to supporting the education of every child by raising private funds, awarding grants, developing community partnerships, and advocating for madison's public schools.”.
When explaining its duties, they were described as: “The foundation for madison's public schools is an independent, community non-profit organization dedicated to sustaining and extending the excellence of madison's public schools. opportunities for present and future students in madison's public schools, awards grants for creative and innovative projects that are not funded within the core school budget, and develops supportive relationships between the schools and community that enrich the education of children.”.
- The state in which the non-profit is authorized to operate legally is WI.
- According to the filing, the address of the non-profit for the year 2020 is 101 NOB HILL RD NO 300, MADISON, WI, 537133969.
- The non-profit has reported 7 employees on their form for the year 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $497,173.
- The organization has 22 independent voting members.
- The organization was formed in 2001.
- The organization pays $387,130 in salary, compensation, and benefits to its employees.
- The organization pays $44,720 in fundraising expenses.
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