Program areas at Summit Educational Foundation
The annual fund of the Summit education Foundation encourages and funds teacher and district-initiated programs that advance the curriculum and district objectives. During the 2023-24 fiscal year, 64 grants totaling $365,012 were awarded from the annual fund. The largest grant awards funded the following initiatives:reflex math - $40,035optimizing potential: enhancing productivity, well-being, and learning preferences through adjustable standing desks - $36,243flexible seating - $24,881building dynamite readers - $22,897decodables for our ells - $15,647
The Summit Educational Foundation funded specific grants with contributions received subject to donor-imposed restrictions.
The endowment fund of the Summit Educational Foundation provides funding for strategic long-term initiatives critical to the health of the district and its ability to provide an excellent Educational experience for its students. The endowment fund was created as a way to ensure future funding to develop new curriculum initiatives and provide professional development to meet the needs of 21st century learners. During the fiscal year ended june 30, 2024, grant awarded totaled $256,895. The largest grant awards funded the following initiatives:steam teachers (design/innovation teacher and a theatre technology & film teacher) at lawton c. johnson middle school - $210,000adjustable desks that promote student productivity and well-being - $46,000
Who funds Summit Educational Foundation
Grants from foundations and other nonprofits
Financials for Summit Educational Foundation
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $293,472 | $301,024 | -2.5% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $149,799 | $139,335 | 7.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-13,544 | $143,119 | -109.5% |
| Net income from fundraising events | $119,635 | $105,602 | 13.3% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $549,362 | $689,080 | -20.3% |
Organizations like Summit Educational Foundation
| Organization | Type | Location | Revenue |
|---|
| Scott Community College Foundation | 501(c)(3) | Bettendorf, IA | $402,470 |
| Springfield Technical Community College Foundation | 501(c)(3) | Springfield, MA | $679,623 |
| St Anne School Foundation of Houston | 501(c)(3) | Houston, TX | $500,997 |
| Clatsop Community College Foundation | 501(c)(3) | Astoria, OR | $573,907 |
| Colby Community College Endowment Foundation | 501(c)(3) | Colby, KS | $1,553,517 |
| The Foundation for the Iowa City Community School District | 501(c)(3) | Iowa City, IA | $1,693,546 |
| The Foundation for Muskegon Community College | 501(c)(3) | Muskegon, MI | $629,707 |
| Mohave County Community College Foundation | 501(c)(3) | Kingman, AZ | $620,924 |
| Butler County Community College Education Foundation | 501(c)(3) | Butler, PA | $2,164,219 |
| Edmonds College Foundation | 501(c)(3) | Lynnwood, WA | $1,671,309 |
Data update history
November 7, 2024
Posted financials
Added Form 990 for fiscal year 2024
November 7, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- PO Box 268
- Summit, NJ 07902
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- Union County, NJ
- Website URL
- sefnj.org/Â
- Phone
- (908) 400-8756
IRS details
- EIN
- 22-2871770
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1986
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B11: Education Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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