EIN 26-4477567

SchoolSeed

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2009
Most recent tax filings
2022-12-01
NTEE code, primary
Description
SchoolSeed is an independent nonprofit organization that supports public schools in Shelby County by raising money for programs, managing services and programs to improve outcomes, and providing support programs for schools' immediate needs. The Foundation aims to secure and manage private resources for the benefit of schools, educators, students, and parents, benefiting over 3000 persons in the process.
Also known as...
Schoolseed Foundation
Total revenues
$2,826,393
2022
Total expenses
$5,165,739
2022
Total assets
$9,717,016
2022
Num. employees
5
2022

Program areas at SchoolSeed

We are razor focused on the delivery and improved outcomes by managing a variety of services and programs for the benefit of schools, educators, students, and parents. The Foundation's mission is to secure and manage private resources for the benefit of public education, coordinate community efforts to support public education, provide development and training opportunities to teachers and administrators, and to operate and support programs in schools dedicated to accelerating student achievement. Our body of work includes, but is not limited to : fiscal management of private support for public education; teacher retention and recognition projects: school-based projects that support students, teachers, and administrators; publication of a Resource Guide for Parents; recruiting, training, and deploying reading tutors for students PK-3rd grade; supports for effective teaching; leadership training; and special projects that attend to emerging needs. Our theory of change is predicated on the idea that capacity building in schools, support for teachers and leaders, rigorous curriculum, target setting, ongoing improvement of curriculum and instruction, and promoting effective practice will accerate student and school achievement. The Foundation's theory of action calls for: the building and sustaining of a collaborative partnership with school districts and their school-based leadership; building and sustaining of a collaborative partnership with the philanthropic and business community; providing supplementary supports to students, teachers, and administrators; and tracking and monitoring the progress of projects. The Foundation seeks to increase college attendance and graduation rates-a matter of equity; access, and community developent.
School specific initiatives: support programs aimed at specified schools for the schools most immediate needs. (3000+ persons benefited)
Sponsorships: support programs aimed at providing a specific initiative with funding. (5000+ persons benefited)

Grants made by SchoolSeed

GranteeGrant descriptionAmount
Memphis-Shelby County Education AssociationAssist With National Teacher Day$5,000

Who funds SchoolSeed

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Assisi Foundation of MemphisBCG Literacy Initiative + Whitehaven High Stem Building$550,000
GS Daf (GSPF)Community & Human Services$160,750
New ProfitProgram Expansion$114,500
...and 12 more grants received

Personnel at SchoolSeed

NameTitleCompensation
Vincent McCaskillPresident and Chief Executive Officer / Executive Director$159,316
Lisa Wheeler JenkinsSecretary$0
William MitchellChairman$0
Ken FosterTreasurer$0

Financials for SchoolSeed

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,696,156
Program services$104,646
Investment income and dividends$21,964
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,627
Total revenues$2,826,393

Form 990s for SchoolSeed

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-22990View PDF
2021-122022-09-15990View PDF
2020-122021-05-26990View PDF
2019-122021-12-06990View PDF
2018-122020-02-06990View PDF
...and 9 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 3 new grant, including a grant for $114,500 from New Profit
August 25, 2024
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2024
Received grants
Identified 7 new grant, including a grant for $550,000 from Assisi Foundation of Memphis
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $393,750 from JR Hyde Iii Family Foundation
September 25, 2023
Received grants
Identified 10 new grant, including a grant for $300,000 from The Urban Child Institute
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Provides grantsState / local levelTax deductible donationsAccepts online donations
General information
Address
PO Box 111169
Memphis, TN 38111
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
schoolseed.org/ 
Phone
(901) 207-1472
IRS details
EIN
26-4477567
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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