Nonprofit · EIN 26-4134728
SCHOOL FUND
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $176,562 | $151,632 | $24,930 | $256,750 | $0 | $256,750 |
| December 31, 2023 | 990 | $213,228 | $213,474 | -$246 | $231,820 | $0 | $231,820 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $176,137
- Program service revenue
- $0
- Investment income
- $425
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $80,973
- Compensation of officers, directors and key employees
- $42,500
- Salaries, compensation and benefits (total)
- $47,367
- Professional fees and payments to contractors
- $15,710
- Printing, publications and postage
- $38
- Other expenses
- $7,544
- Program services (functional)
- $109,389
Balance sheet and other
- Total assets, start of year
- $231,820
- Total assets, end of year
- $256,750
- Total liabilities, end of year
- $0
- Net assets, end of year
- $256,750
- Cash, savings and investments
- $256,750
- Gross receipts
- $176,562
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy McKenna | Executive Director | 40 | $42,500 |
| Dan Barritt | Director | 1 | $0 |
| Mohamed O Mohamed | Director thru Nov | 1 | $0 |
| Francesca Nicoletti | Director thru Nov | 1 | $0 |
| Abena Nyantekyi-Owusu | Director | 1 | $0 |
| Denis Severson | Director | 1 | $0 |
| Maria Xenidou | Director thru Nov | 1 | $0 |
| Kurt Davis | Treasurer | 1 | $0 |
| Andrew Perrault | Secretary | 1 | $0 |
| Matt Severson | Chair | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy McKenna | Executive Director Officer | 15 | $52,000 |
| Dan Barritt | Director Trustee or director | 5 | $0 |
| Mohamed O Mohamed | Director Trustee or director | 1 | $0 |
| Francesca Nicoletti | Director Trustee or director | 1 | $0 |
| Abena Nyantekyi-Owusu | Director Trustee or director | 1 | $0 |
| Denis Severson | Director Trustee or director | 15 | $0 |
| Maria Xenidou | Director Trustee or director | 1 | $0 |
| Kurt Davis | Treasurer Trustee or director, Officer | 5 | $0 |
| Andrew Perrault | Secretary Trustee or director, Officer | 1 | $0 |
| Matt Severson | Chair Trustee or director, Officer | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 455 COLERIDGE AVE, PALO ALTO, CA 94301-3610
- In care of
- % MATTHEW SEVERSON
- Mailing address (990-N for 2010)
- 1034 Stanley Way, Palo Alto CA 94303
- Principal officer (990-N for 2010)
- Matthew Severson, 1034 Stanley Way, Palo Alto CA 94303
- Signed the 990-EZ
- Matthew Severson, Chair
- Phone
- (650) 539-8731
- Return prepared by
- 100 Degrees Consulting
California records
California keeps its own records of charities and corporations. Search them by EIN 26-4134728 or by the name SCHOOL FUND.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading a more educated and interconnected world.
Program accomplishments
- In 2024, The School Fund made grants of scholarships and educational expenses for 135 students in four developing countries that were profiled on our website.Expenses $109,389 · grants $80,973
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4134728
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q123)
- Assets (IRS master file)
- $256,750
- Income (IRS master file)
- $176,562
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $176,562 | $151,632 | $256,750 | XML |
| 990 | December 2023 | $213,228 | $213,474 | $231,820 | XML |
| 990 | December 2022 | $189,168 | $203,480 | $232,066 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Matthew Severson | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4134728).
Questions about SCHOOL FUND
- What is the EIN of SCHOOL FUND?
- The employer identification number (EIN) of SCHOOL FUND is 26-4134728.
- Is SCHOOL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SCHOOL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SCHOOL FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SCHOOL FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SCHOOL FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of SCHOOL FUND?
- The 990-N for 2010 names Matthew Severson.
- Who are the officers and directors of SCHOOL FUND?
- The 990-EZ for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $42,500 (Timothy McKenna, Executive Director).
- How much revenue does SCHOOL FUND have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $176,562, expenses of $151,632 and total assets of $256,750 at year end.
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All nonprofits in PALO ALTO · California · International, foreign affairs and national security