The Great Schools Partnership Charitable Trust
- Assets
- $0.0
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 70
- Location
- Knoxville, TN
- Founding
- 07/2007
- Data as of
- 06/2020
- EIN
- 76-6206166
Organization Overview
The Great Schools Partnership Charitable Trust is located in Knoxville, TN. The organization was established in 2007. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2020, Great Schools Partnership Charitable Trust employed 70 individuals. Great Schools Partnership Charitable Trust 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 06/2020, Great Schools Partnership Charitable Trust generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Great Schools Partnership Charitable Trust has awarded 16 individual grants totaling $8,237,147. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A CATALYST, THINK TANK, INCUBATOR, START-UP FUNDER AND OPERATIONAL PARTNER FOR MAKING KNOX COUNTY SCHOOLS GLOBALLY COMPETITIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SCHOOLS PURPOSE IS TO BREAK DOWN THE BARRIERS TO STUDENT LEARNING BY CONVENING PRIMARILY EXISTING RESOURCES TO USE THE SCHOOL AS THE NEIGHBORHOOD HUB TO PROMOTE AND SUPPORT HEALTHY, VIBRANT FAMILIES, SCHOOLS AND COMMUNITIES. COMMUNITY SCHOOLS COLLABORATES WITH MORE THAN 275 COMMUNITY PARTNERS TO SUPPORT STUDENT SUCCESS BY BUILDING SYSTEMS OF SUPPORT FOR: MENTAL AND PHYSICAL HEALTH, BASIC NEEDS, FAMILY ENGAGEMENT, SOCIAL EMOTIONAL LEARNING, AND COMMUNITY DEVELOPMENT FOR POSITIVE GROWTH.
RESEARCH AND DEVELOPMENT (INNOVATION) CONTAINS PROGRAMS THAT ARE PILOT PROGRAMS TO EVALUATE THEIR LONG TERM VIABILITY. THESE PROGRAMS INCLUDE THE FOLLOWING ON-GOING PROGRAM ACTIVITIES: SHAKESPEARE IN SHADES, CODETN, TEACHERPRENUER, THANK-A-TEACHER, SECONDARY TUTORING CENTERS, ARTS INTEGRATED TUTORING, AND DATA ANALYST.
PROJECT GRAD KNOXVILLE IS AN INITIATIVE OF THE KNOX EDUCATION FOUNDATION. IN PARTNERSHIP WITH KNOX COUNTY SCHOOLS AND THE COMMUNITIES SERVED, PROJECT GRAD KNOXVILLE IMPACTS GENERATIONAL CHANGE THROUGH EDUCATION. TAKING A K-16 (ELEMENTARY THROUGH POSTSECONDARY) APPROACH, THE PROGRAM FOCUSES ON COLLEGE/CAREER ACCESS AND SUCCESS; SOCIAL SERVICES SUPPORT; FAMILY, NEIGHBORHOOD & COMMUNITY ENGAGEMENT; INTENTIONAL SUPPORT FOR STUDENTS FROM DISADVANTAGED CIRCUMSTANCES; AND SCHOLARS IN 14 URBAN SCHOOLS IN KNOXVILLE. THE WORK OF PGK TARGETS: 1) INCREASED K12 KNOWLEDGE OF POSTSECONDARY OPTIONS, ACCESS, AND PATHWAYS; 2) INCREASED HIGH SCHOOL GRADUATION RATE; AND 3) INCREASED HIGHER EDUCATION ENROLLMENT AND COMPLETION RATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Welch Former Presi | 40 | $186,759 | |
Stephanie Jinkins CFO | Officer | 20 | $149,090 |
Cheryl Ball Vice Preside | Officer | 40 | $141,911 |
Jonathan Scoonover Interim Pres | Officer | 40 | $107,828 |
Bob Rider Past Chair | OfficerTrustee | 0.5 | $0 |
Laurens Tullock Secretary/tr | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $125,135 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,037,423 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,262,871 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,425,429 |
| Total Program Service Revenue | $0 |
| Investment income | $7,124 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,432,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,141,749 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $501,533 |
| Compensation of current officers, directors, key employees. | $221,755 |
| Compensation to disqualified persons | $94,837 |
| Other salaries and wages | $1,449,587 |
| Pension plan accruals and contributions | $58,932 |
| Other employee benefits | $193,772 |
| Payroll taxes | $126,453 |
| 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 | $0 |
| Fees for services: Other | $152,571 |
| Advertising and promotion | $0 |
| Office expenses | $21,317 |
| Information technology | $14,582 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $65,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,711 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,424 |
| Insurance | $12,553 |
| All other expenses | $0 |
| Total functional expenses | $4,057,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Great Schools Partnership Charitable Trust has awarded $1,141,749 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Knoxville, TN PURPOSE: EDUCATIONAL | $613,500 |
KNOX COUNTY SCHOOLS PURPOSE: EDUCATIONAL | $428,249 |
Knoxville, TN PURPOSE: EDUCATIONAL | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Great Schools Partnership Charitable Trust has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Knoxville Inc Knoxville, TN | | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Investment Management Company Charlottesville, VA | $10,038,884,501 | $457,345,731 |
The Lord Foundation Of North Carolina Durham, NC | $23,094,681 | $641,441 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of North Carolina At Greensboro Investment Fund Inc Greensboro, NC | $369,290,686 | $22,759,163 |
Appalachian State University Foundation Inc Boone, NC | $159,413,962 | $18,404,104 |
University Of North Carolina Chapel Hill Arts And Sciences Foundation Chapel Hill, NC | $518,992,807 | $33,231,064 |
Old Dominion University Educational Foundation Norfolk, VA | $390,141,589 | $33,517,872 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Mose And Garrison Siskin Memorial Foundation Inc Chattanooga, TN | $53,806,754 | $11,101,792 |
Georgia Tech Facilities Inc Atlanta, GA | $407,064,936 | $14,504,049 |
University Of Southern Mississippi Foundation Hattiesburg, MS | $151,472,857 | $19,113,544 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |