Chapel Hill Carrboro Public School Foundation
- Assets
- $4.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Carrboro, NC
- Founding
- 06/2015
- Data as of
- 06/2023
- EIN
- 56-1421977
Organization Overview
Chapel Hill Carrboro Public School Foundation is located in Carrboro, NC. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Chapel Hill Carrboro Public School Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chapel Hill Carrboro Public School 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 06/2023, Chapel Hill Carrboro Public School Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $705.4k during the year ending 06/2023. While expenses have increased by 2.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR VISION IS FOR ALL STUDENTS IN CHAPEL HILL-CARRBORO CITY SCHOOLS TO RECEIVE AN EXCELLENT AND EQUITABLE EDUCATION FROM THE HIGHEST QUALITY TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AWARDED: $312,723 - 48 ACHIEVERS FUND GRANTS AWARDED TO SUPPORT STUDENTS WITH ECONOMIC AND ACADEMIC NEEDS THROUGHOUT THE DISTRICT (TUTORING, SUMMER CAMP, ENRICHMENT SUPPORT, ETC.)- 38 CLASSROOM, SCHOOL AND DISTRICT-WIDE GRANTS AWARDED TO SUPPORT INNOVATIVE INSTRUCTIONAL IDEAS - 13 PROFESSIONAL DEVELOPMENT IMPACT GRANTS TO SCHOOLS AND DISTRICT COLLABORATIVESEDUCATOR SUPPORT: $106,078- 59 NOVICE TEACHER GIFTS- 6 TEACHER CONFERENCE PRESENTER GRANTS- 2 INTERNATIONAL TRAVEL GRANTS- 50 SCHOLARSHIPS TO TEACHERS AND SCHOOL NURSES PURSUING NATIONAL BOARD CERTIFICATION OR RECERTIFICATION THROUGH NBPTS -$17,455 TOTAL- 90 AWARDS TO RECOGNIZE OUTSTANDING TEACHERS AND STAFF INCLUDING 15 ENDOWED TEACHING CHAIR AWARDS. - 600+ TEACHERS RECEIVED SUPPLIES FOR THEIR CLASSROOMS AT ANNUAL TEACHER SUPPLY STORESTUDENT SUPPORT: $149,000- $75K COLLEGE SCHOLARSHIPS AWARDED TO CHCCS STUDENTS - $26K BLUE RIBBON MENTOR SCHOLARSHIPS AND PROGRAMS- $38K ENRICHMENT OPPORTUNITY SCHOLARSHIPS - $10K EMERGENCY HOUSING NEEDS PROVIDED TO FAMILIES- 200 STUDENTS WERE ABLE TO ATTEND SUMMER CAMPSOTHER: - $788K OF PASS-THROUGH GRANTS MANAGED FOR CHCCS PROGRAMS- 2,300+ 5K FOR EDUCATION REGISTRANTS (LARGEST EVER!) SHOWED THEIR SUPPORT FOR PUBLIC EDUCATION- 2023 TEACHERS FIRST BREAKFAST AND ROSES OVER 2,100 BREAKFASTS AND ROSES DELIVERED TO ALL SCHOOL STAFF; VITAL FUNDS RAISED TO SUPPORT TEACHERS FIRST PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Lemoine President | OfficerTrustee | 2 | $0 |
Cedric Bush Secretary | OfficerTrustee | 0.5 | $0 |
Lawson Travers Treasurer | OfficerTrustee | 0.5 | $0 |
Tamara Rice Vice President | OfficerTrustee | 2 | $0 |
Anil Peres-Da Silva Board Member | Trustee | 0.5 | $0 |
Christine Cotton Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $86,232 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,072,243 |
| Noncash contributions included in lines 1a–1f | $16,992 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,158,475 |
| Total Program Service Revenue | $0 |
| Investment income | $89,655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $128,695 |
| Net Income from Fundraising Events | -$2,307 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,378,755 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $292,462 |
| Grants and other assistance to domestic individuals. | $188,132 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,864 |
| Compensation of current officers, directors, key employees. | $10,630 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,348 |
| Fees for services: Other | $14,216 |
| Advertising and promotion | $0 |
| Office expenses | $9,685 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $705,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,819 |
| Savings and temporary cash investments | $408,166 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,123 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,018,914 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,460,022 |
| Accounts payable and accrued expenses | $5,631 |
| Grants payable | $113,369 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $791,852 |
| Total liabilities | $910,852 |
| Net assets without donor restrictions | $1,109,136 |
| Net assets with donor restrictions | $2,440,034 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,460,022 |
Grants Awarded
Over the last fiscal year, Chapel Hill Carrboro Public School Foundation has awarded $157,845 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHAPEL HILL CARRBORO CITY SCHOOLS PURPOSE: VARIOUS SCHOOL GRANTS | $143,325 |
TOWN OF CHAPEL HILL PURPOSE: SUMMER CAMP | $14,520 |