RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC

As filed

Subsection

03

NTEE code

B112

Classification

1000

Street

301 N 9TH ST 17TH FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• EARLY LITERACY: THE RICHMOND ED FUND INVESTED IN IMPLEMENTING EVIDENCE-BASED EARLY LITERACY INSTRUCTION ACROSS RICHMOND PUBLIC SCHOOLS BY SUPPORTING THE SCIENCE OF READING APPROACH THROUGH UFLI AND PROVIDING ONGOING PROFESSIONAL DEVELOPMENT FOR ALL K2 TEACHERS, LED BY LITERACY COACHES. AS VIRGINIA TRANSITIONED FROM THE PHONOLOGICAL AWARENESS LITERACY SCREENING (PALS) TO THE VIRGINIA LANGUAGE & LITERACY SCREENING SYSTEM (VALLSS), RICHMOND PUBLIC SCHOOLS ACHIEVED A 14-POINT GROWTH IN EARLY LITERACY OUTCOMES IN FY25. THESE INVESTMENTS STRENGTHEN FOUNDATIONAL READING SKILLS, WHICH ARE CLOSELY LINKED TO LONG-TERM ACADEMIC SUCCESS, GRADUATION RATES, AND WORKFORCE READINESS, REDUCING FUTURE REMEDIATION COSTS, IMPROVING THE RETURN ON PUBLIC EDUCATION INVESTMENTS, AND STRENGTHENING THE REGION'S LONG-TERM TALENT PIPELINE.

  Expenses $650,937

• RPS200: THE RICHMOND ED FUND CONTINUED SUPPORTING RPS200, AN EXTENDED LEARNING TIME INITIATIVE AIMED AT ACCELERATING ACADEMIC PROGRESS FOR STUDENTS WHO BENEFIT MOST FROM EXTRA INSTRUCTION AND ENRICHMENT. BY INCREASING LEARNING TIME WITHOUT NEEDING SIGNIFICANT NEW INFRASTRUCTURE, THE INITIATIVE MAXIMIZES THE USE OF EXISTING SCHOOL RESOURCES WHILE ACHIEVING NOTABLE ACADEMIC GAINS FOR PARTICIPATING STUDENTS. THIS APPROACH ENHANCES SKILL DEVELOPMENT, ENSURES ON-TIME GRADE PROGRESSION, AND IMPROVES LONG-TERM WORKFORCE READINESS, THEREBY INCREASING THE OVERALL RETURN ON PUBLIC EDUCATION INVESTMENTS AND HELPING BUILD A STRONGER, MORE DEPENDABLE FUTURE WORKFORCE FOR THE RICHMOND REGION.

  Expenses $85,000

• RPS LEADS: THE RICHMOND ED FUND SUPPORTED RPS LEADS, A YEARLONG LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO PREPARE ASSISTANT PRINCIPALS AND NEW PRINCIPALS TO BECOME HIGHLY EFFECTIVE SCHOOL LEADERS ACROSS RICHMOND PUBLIC SCHOOLS. PARTICIPANTS ENGAGED IN INTENSIVE PROFESSIONAL LEARNING AND COACHING ALIGNED WITH DISTRICT PRIORITIES, RESULTING IN 100% RETENTION OF COHORT MEMBERS AND TWO PROMOTIONS TO EXPANDED LEADERSHIP ROLES. INVESTMENTS IN LEADERSHIP DEVELOPMENT STRENGTHEN SCHOOL PERFORMANCE, IMPROVE TEACHER RETENTION, AND REDUCE COSTLY LEADERSHIP TURNOVER, ENSURING STRONGER INSTRUCTIONAL ENVIRONMENTS AND INCREASING THE LONG-TERM RETURN ON PUBLIC EDUCATION INVESTMENTS THROUGH MORE STABLE AND EFFECTIVE SCHOOL LEADERSHIP.

  Expenses $3,943,483

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $4,687,538

  Expenses

  $5,047,358

  Contributions

  $4,680,010

  Grants paid

  $0

• 2023

  Revenue

  $3,500,565

  Expenses

  $1,296,905

  Contributions

  $3,498,402

  Grants paid

  $21,400

• 2022

  Revenue

  $1,131,579

  Expenses

  $874,228

  Contributions

  $1,130,638

  Grants paid

  $25,500

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,170,976

  Expenses

  $449,658

  Assets (EOY)

  $1,399,654

• 2020 · 990

  Revenue

  $846,707

  Expenses

  $1,016,219

  Assets (EOY)

  $666,573

• 2019 · 990

  Revenue

  $1,384,646

  Expenses

  $1,984,054

  Assets (EOY)

  $995,623

• 2018 · 990

  Revenue

  $1,366,712

  Expenses

  $1,197,626

  Assets (EOY)

  $1,463,382

• 2017 · 990

  Revenue

  $1,087,473

  Expenses

  $944,856

  Assets (EOY)

  $1,273,184

• 2016 · 990

  Revenue

  $625,787

  Expenses

  $1,154,560

  Assets (EOY)

  $923,932

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• JEWISH COMMUNAL FUND

  $3,000,000

  2024 · IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE

• NATIONAL PHILANTHROPIC TR

  $2,500,000

  2024 · EDUCATION

• JEWISH COMMUNAL FUND

  $250,000

  2023 · IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE

• FORGOOD INC

  $228,993

  2022 · UNRESTRICTED

• THE COMMUNITY FOUNDATION INC

  $110,650

  2022 · EDUCATIONAL SUCCESS

• RICHMOND KIWANIS FOUNDATION

  $87,481

  2024 · EDUCATION

• THE COMMUNITY FOUNDATION INC

  $82,600

  2023 · EDUCATIONAL SUCCESS

• THE COMMUNITY FOUNDATION INC

  $77,950

  2024 · EDUCATIONAL SUCCESS

• FORGOOD INC

  $59,939

  2024 · UNRESTRICTED

• FORGOOD INC

  $37,621

  2023 · UNRESTRICTED

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files