THE SCHOOLS FOUNDATION INC

As filed

Subsection

03

NTEE code

B112

Classification

1200

Street

225 CHURCH ST NW

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).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• CHAMBER OF COMMERCE-HUNTSVILLE-MADISON COUNTY

  EIN 63-0039395

• HUNTSVILLE-MADISON COUNTY CHAMBER OF COMMERCE FOUNDATION

  EIN 63-0938561

Mission and programs · 2024

• Provide support for initiatives that promote high expectations for professional leadership and financial Support for educational needs across districts with focus on cross-district collaboration. Suport includes the Elevate Our Educators Program and support of other educational programs.

  Expenses $171,898

• NBCT - RAISE YOUR HAND IS A BOLD INITIATIVE TO HAVE THE NATION'S HIGHEST CONCENTRATION OF NATIONAL BOARD CERTIFIED TEACHERS, OR NBCTS, IN OUR HUNTSVILLE CITY, MADISON CITY, AND MADISON COUNTY SCHOOL SYSTEMS. NATIONAL BOARD CERTIFICATION IS THE MOST RESPECTED PROFESSIONAL CERTIFICATION AVAILABLE IN K-12 EDUCATION. THE INITIATIVE IS A PARTNERSHIP OF THE CREATIVE CITIES FUND, THE PHILANTHROPIC ARM OF THE HUNTSVILLE COMMITTEE OF 100, AND THE SCHOOLS FOUNDATION. THE $1 MILLION GOAL WILL FUND 500 NEW NBCTS IN FIVE YEARS ACROSS THE THREE SCHOOL SYSTEMS IN MADISON COUNTY.

  Expenses $108,575

• Early Literacy Program - The program provides teachers with high-quality reading instruction training to enable children to become confident and skilled readers.

  Expenses $49,773

• Madison County School System's GEMS: This is a gifted education program for students in Madison County schools that allows them to explore subjects and concepts in-depth and work on "out of the box" ideas

  Expenses $40,000 · Grants $40,000

• PATRONS AND PLAYERS FUND EXISTS TO SUPPORT THE EXTRACURRICULAR ENDEAVORS OF ELIGIBLE STUDENTS THROUGH FINANCIAL DONATIONS FROM INDIVIDUALS, SPONSORS, AND FAMILIES. WE BELIEVE THAT NO STUDENT SHOULD BE LEFT ON THE SIDELINES BASED ON FIANCIAL NEED. THE PROGRAM SUPPORTS ACTIVITIES TO INCLUDE BUT ARE NOT LIMITED TO SCHOOL, CLUB, AND CITY LEAGUE SPORTS AS WELL AS MUSIC, DRAMA AND ART EXTRACURRICULARS.

  Expenses $38,065 · Grants $38,065

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

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

  $630,960

  Expenses

  $511,985

  Contributions

  $596,290

  Grants paid

  $78,065

• 2023

  Revenue

  $418,724

  Expenses

  $453,141

  Contributions

  $397,171

  Grants paid

  $0

• 2022

  Revenue

  $603,241

  Expenses

  $429,530

  Contributions

  $589,635

  Grants paid

  $0

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

  $475,213

  Expenses

  $455,443

  Assets (EOY)

  $713,585

• 2021 · 990

  Revenue

  $475,213

  Expenses

  $455,443

  Assets (EOY)

  $730,635

• 2020 · 990

  Revenue

  $473,951

  Expenses

  $361,422

  Assets (EOY)

  $691,809

• 2019 · 990

  Revenue

  $394,719

  Expenses

  $244,846

  Assets (EOY)

  $581,301

• 2018 · 990

  Revenue

  $751,229

  Expenses

  $801,520

  Assets (EOY)

  $432,071

• 2017 · 990

  Revenue

  $300,370

  Expenses

  $359,880

  Assets (EOY)

  $481,860

• 2016 · 990

  Revenue

  $289,597

  Expenses

  $269,678

  Assets (EOY)

  $541,145

• 2015 · 990

  Revenue

  $571,415

  Expenses

  $429,896

  Assets (EOY)

  $520,727

• 2014 · 990

  Revenue

  $390,335

  Expenses

  $265,970

  Assets (EOY)

  $380,665

• 2013 · 990

  Revenue

  $457,871

  Expenses

  $417,901

  Assets (EOY)

  $255,957

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. Showing the 10 most recent; the API carries the rest.

Grants made

• Madison County Schools

  $40,000

  2024 · The $40,000 grant will be used to expand and strengthen STEM learning opportunities for middle school students across Huntsville City and Madison City Schools. Funding will provide hands-on equipment, instructional resources, and program support designed to build a strong foundation in science, technology, engineering, and math as students transition to high school.

• Huntsvsille City Schools

  $36,165

  2024 · To support extracurricular endeavors of eligible students through financial donations from individuals, sponsors and families. The program supports activities to include but are not limited to school, club and city league sports as well as music, drama and art extracurriculars

Where these grants went next →

Grants received

• COMMUNITY FOUNDATION OF GREATER HUNTSVILLE

  $108,082

  2024 · Capital Campaigns, Operations Support

• COMMUNITY FOUNDATION OF GREATER HUNTSVILLE

  $106,253

  2022 · EDUCATION

• COMMUNITY FOUNDATION OF GREATER HUNTSVILLE

  $19,079

  2023 · EDUCATION

• COMMUNITY FOUNDATION OF GREATER HUNTSVILLE

  $15,000

  2023 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $10,000

  2024 · For grant recipient's exempt purposes

• NATIONAL SPACE CLUB HUNTSVILLE COMMITTEE INC

  $9,500

  2025 · SPONSORSHIP

• AMERICAN ONLINE GIVING FOUNDATION INC

  $0

  2025 · GENERAL SUPPORT

Other IRS files