Bedford City Schools Foundation

Organization Overview

Bedford City Schools Foundation is located in Bedford, OH. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedford City Schools Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bedford City Schools Foundation generated $119.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $28.5k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS TO QUALIFYING STUDENTS AND ALUMNI, AWARD TEACHER GRANTS FOR EDUCATIONAL ENRICHMENT, AND SUPPORT EDUCATIONAL PROGRAMS THROUGHOUT THE BEDFORD SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SCHOLARSHIPS TO QUALIFYING HIGH SCHOOL SENIORS OF BEDFORD HIGH SCHOOL ALUMNI.


TO PROVIDE ADVANCED PLACEMENT EXAM FEES TO STUDENTS IN FINANCIAL NEED AND ENRICHMENT PROGRAMS FOR STUDENTS.


TO AWARD TEACHER GRANTS TO VARIOUS BEDFORD CITY SCHOOL DISTRICT TEACHERS. PAID TO BEDFORD PUBLIC SCHOOLS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,574
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,574
Total Program Service Revenue$0
Investment income $41,531
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $29,750
Net Income from Fundraising Events $42,159
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $119,014

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Bedford City Schools Foundation has recieved totaling $54,951.

Awarding OrganizationAmount
Shoes And Clothes For Kids Inc

Cleveland, OH

PURPOSE: TO IMPROVE K-8 ATTENDANCE BY ELIMINATING LACK OF CLOTHING, SHOES & SCHOOL SUPPLIES AS BARRIERS.

$32,844
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$20,000
Sutton Family Foundation

Chagrin Falls, OH

PURPOSE: GENERAL FUND TO SUPPORT BEDFORD SCHOOLS

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$107
View Grant Recipient Profile

Endowment Analysis

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