Totals
- Total revenue
- $213,228
- Total expenses
- $213,474
- Contributions and grants received
- $212,953
- Grants paid
- $132,462
- Program service revenue
- $0
- Investment income
- $275
- Other revenue
- $0
- Total assets, end of year
- $231,820
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $231,820
- Program services expenses (Part IX)
- $164,513
- Management and general expenses
- $28,521
- Fundraising expenses
- $20,440
- Program service expenses (Part III)
- $164,513
Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$212,953
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $275 · related or exempt $0 · unrelated business $0 · excluded $275
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $132,462 · program services $132,462
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $52,000 · program services $27,040 · management and general $6,240 · fundraising $18,720
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $3,978 · program services $2,069 · management and general $477 · fundraising $1,432
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $19,200 · program services $0 · management and general $19,200 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $712 · program services $0 · management and general $712 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $2,746 · program services $2,510 · management and general $236 · fundraising $0
-
14 · Information technology
total $2,015 · program services $432 · management and general $1,295 · fundraising $288
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $361 · program services $0 · management and general $361 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $229,566 · end of year $39,031
-
2 · Savings and temporary cash investments
end of year $176,789
-
3 · Pledges and grants receivable
beginning of year $2,500 · end of year $16,000
-
27 · Net assets without donor restrictions
beginning of year $4,675 · end of year $15,595
-
28 · Net assets with donor restrictions
beginning of year $227,391 · end of year $216,225
Mission and programs · 2023
Mission
Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading a more educated and interconnected world.
Activities or mission (Part I)
The School Fund provides secondary school scholarships to high potential students across the developing world.
-
"In 2023, The School Fund (TSF) made grants of scholarships and educational expenses for 222 needy secondary school students in seven developing countries across three continents. TSF worked with eleven NGO partners to identify eligible students and create a personalized profile and a detailed list of educational related expenses for each student. Funds raised via TSF to fund scholarships and school expenses are administered and delivered to the students' schools by the NGO partners. TSF continues to develop and operate its person-to-person funding website (www.theschoolfund.org) where students' profiles and funding needs are featured. The online platform allows donors to view student profiles, enables students to communicate with donors via online journals, and supports a transparent payment process in which receipts from the student's school or the NGO partner are viewable on the website.
Expenses $164,513 · Grants $132,462
As filed on the 2023 return.
Listed in Part VII
-
Timothy McKenna
Executive Director
- Total calculated
- $52,000
- From this org
- $52,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
-
Dan Barritt
Director
- Total calculated
- $0
- Hours/week
- 5
-
Mohamed O Mohamed
Director
- Total calculated
- $0
- Hours/week
- 1
-
Francesca Nicoletti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Abena Nyantekyi-Owusu
Director
- Total calculated
- $0
- Hours/week
- 1
-
Denis Severson
Director
- Total calculated
- $0
- Hours/week
- 15
-
Maria Xenidou
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kurt Davis
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Andrew Perrault
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Matt Severson
Chair
- Total calculated
- $0
- Hours/week
- 15
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 August 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412419349300831
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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