Portola Valley Schools Foundation

Organization Overview

Portola Valley Schools Foundation is located in Portola Valley, CA. The organization was established in 1990. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Portola Valley 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 06/2021, Portola Valley Schools Foundation generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 years. 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

THE PV SCHOOLS FOUNDATION SEEKS TO PROVIDE GENERAL FINANCIAL SUPPORT FOR THE PV SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PORTOLA VALLEY SCHOOLS FOUNDATION WAS FORMED IN DECEMBER 1989 TO RAISE MONEY TO SUPPLEMENT THE FUNDS ALLOCATED TO THE PORTOLA VALLEY SCHOOL DISTRICT BY THE STATE OF CALIFORNIA AND TO PROVIDE PORTOLA VALLEY SCHOOLS WITH FUNDS TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR ITS STUDENTS. THE FUNDS ARE DISTRIBUTED TO THE PORTOLA VALLEY SCHOOL DISTRICT AS REQUESTED BY THE SCHOOL BOARD OF TRUSTEES CONSISTENT WITH THE OPERATION OF A TAX EXEMPT FOUNDATION.


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Board, Officers & Key Employees

Name (title)Compensation
Aimee Armsby
Co-President
$0
Wendy Keefe
Co-President
$0
Jami Worthington
Secretary
$0
Andrew Barrows
Treasurer
$0
Heather Cunningham
Annual Campaign Co-Chair
$0
Hilary Duwe
Director
$0

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$1,003,440
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,003,440
Total Program Service Revenue$0
Investment income $96,615
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 $1,100,055

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Portola Valley Schools Foundation has recieved totaling $475,088.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$216,068
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$196,071
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$20,000
Bright Funds Foundation

San Jose, CA

PURPOSE: GENERAL PURPOSE

$16,642
Jenny Johnson Family Foundation Inc

Palm Beach, FL

PURPOSE: GENERAL BUDGET

$10,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$6,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,678,676
Ending Balance$2,678,676

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