Irvine Public Schools Foundation Ranked 3rd Nationally in Top K-12 Education Foundations Survey
Friday, January 12, 2018
Irvine Public Schools Foundation (IPSF), a nonprofit organization focused on enriching the educational experience of each child in every school in Irvine Unified School District (IUSD), has been ranked the number three foundation in the nation, and number one in California, by Stepping Up: The Nation’s Top K-12 Education Foundations.
The nation’s only annual study and ranking of K-12 education foundations was recently released, showing the large impact that local communities led by business leaders make on public education. The study — in its fourth year — is conducted by the nonprofit, nonpartisan think tank The Caruthers Institute (formerly dewey & associates).
To view the 2017 study, visit www.caruthers.institute.
“We are honored to be recognized as a top performing educational nonprofit as it is a true reflection of the incredible dedication of our community and corporate partners to provide educational excellence to all students in Irvine,” said Neda Eaton, President and CEO of Irvine Public Schools Foundation. “Without their support, we would not be able to provide over $5.5 million in grants, donations, and program support annually to ensure that the 34,000 students in IUSD have access to more teachers and robust programs, including music and STEM.”
The study focuses on K-12 education foundations in the 200 largest school districts (by student population). Additionally, top-performing education foundations that serve smaller school districts were included. In totality, there were 191 K-12 education foundations from 219 school districts included in the study. Stepping Up looks at eight key performance categories to determine the ranking: annual revenues, revenues per student, total assets, assets per student, investment income, total program expenses, expenses per student, and human capital (volunteers).
Foundations are placed into four divisions based on revenues in order to provide comparisons to foundations of similar sizes. IPSF ranked in the Division 1 category, which includes foundations with $2 million or more in revenue. Division 2 includes foundations with revenue of $1 million to $1,999,999; Division 3 includes foundations with $500,000 to $999,999 in revenues; and Division 4 includes foundations with less than $500,000 in revenue.
The nation’s top 25: 1. Pinellas Education Foundation (FL) 2. Alliance for Education (WA) 3. Irvine Public Schools Foundation (CA) 4. Achieve Minneapolis (MN) 5. Chattanooga Hamilton County Public Education Fund (TN) 6. Boise Public Schools Foundation (ID) 7. Foundation for Lincoln Public Schools (NE) 8. Omaha Schools Foundation (NE) 9. DC Public Education Fund (DC) 10. Denver Public Schools Foundation (CO) 11. Barbers Hill Education Foundation (TX) 12. Foundation for Seminole County Public Schools (FL) 13. Clark County Public Education Foundation (NV) 14. Hillsborough Education Foundation (FL) 15. Granite Education Foundation (UT) 16. Oakland Public Education Fund (CA) 17. Silicon Valley Education Foundation (CA) 18. Albuquerque Public Schools Foundation (NM) 19. Foundation for Springfield Public Schools (MO) 20. Brevard Schools Foundation (FL) 21. Polk Education Foundation and Business Partnership (FL) 22. Public Education Foundation of Marion County (FL) 23. Frisco Education Foundation (TX) 24. The Fund for Public Schools (NY) 25. The Boston Educational Development Foundation (MA)
About Irvine Public Schools Foundation
Irvine Public Schools Foundation (IPSF) is a nonprofit organization with the mission of enriching the educational experience of each child in every school. Founded in 1996 by concerned parents and community leaders, IPSF sponsors enrichment programs and provides financial support to ensure a world-class education in Irvine schools. In addition, IPSF excels at uniting local corporate and community partners, parents and residents in raising funds to nurture student potential. Each year, IPSF provides millions in funding to Irvine Unified School District (IUSD) to support STEAM (science, technology, engineering, arts and mathematics) education, small-group learning, after-school and summer programs, grants for classroom innovation, and support for athletic trainers and school nurses. For more information about IPSF, visit ipsf.net. About Caruthers Institute Caruthers Institute (CI) is a nonpartisan, nonprofit think tank that conducts research, crafts solutions and leads advocacy on emerging children’s issues. CI has national expertise on the issues of K-12 education foundations, arrests for common youth misbehavior, and child obesity. CI is formerly dewey & associates.
For more info, visit www.caruthers.institute Link to study: http://caruthers.institute/wp-content/uploads/2017/12/Ed-Fnd-2017-study-FINAL-12-20-1714026.pdf