Chester County Public Education Foundation is located in Chester, SC. The organization was established in 1997. 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. Chester County Public Education 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 12/2022, Chester County Public Education Foundation generated $94.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $92.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE PUBLIC EDUCATION IN CHESTER COUNTY BY PROVIDING SCHOLARSHIPS TO STUDENTS, LOANS AND GRANTS TO TEACHERS, AND SUPPORT OF VARIOUS SCHOOL PROGRAMS.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES SCHOLARSHIPS TO DISTRICT SENIORS FOR COLLEGE TUITION.
THE ORGANIZATION PROVIDES SUPPORT DIRECTLY TO CHESTER COUNTY SCHOOL DISTRICT FOR FUNDING FIELD TRIPS FOR STUDENTS IN POVERTY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Bundy Chairman | 1 | $0 | |
Greg Mcdow Asst Super Finance Treasurer | 1 | $0 | |
Fred Castles Director | 1 | $0 | |
Brooke Clinton Director | 1 | $0 | |
James Fuller Director | 1 | $0 | |
Joan Guyton Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,293 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,359 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,988 |
| Total expenses | $92,178 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $238,157 |
| Other assets | $0 |
| Total assets | $238,157 |
| Total liabilities | $0 |
| Net assets or fund balances | $238,157 |
Over the last fiscal year, Chester County Public Education Foundation has awarded $93,577 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHESTER COUNTY SCHOOL DISTRICT PURPOSE: SUPPORT | $71,193 |
CHESTER COUNTY SCHOOL DISTRICT PURPOSE: SUPPORT | $22,384 |