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Nonprofit · EIN 52-1804509

MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC

Tax-exempt · ROCKVILLE, MD 20850

Financials

$3.7M$4.1M2023$3.3M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,313,090$3,436,946-$123,856$13,326,690$5,408,642$7,918,048
June 30, 2024990$3,725,792$4,105,799-$380,007$12,086,287$4,787,284$7,299,003
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,928,038
Program service revenue
$0
Investment income
$380,370
Net gain from sales of assets
$105,782
Other revenue
$4,682

Expenses

Grants and similar amounts paid
$3,094,496
Compensation of officers, directors and key employees
$83,218
Other salaries and wages
$108,269
Salaries, compensation and benefits (total)
$204,633
Professional fundraising fees
$0
Program services (functional)
$3,094,496
Management and general (functional)
$342,450

Balance sheet and other

Total assets, start of year
$12,086,287
Total assets, end of year
$13,326,690
Total liabilities, end of year
$5,408,642
Net assets, end of year
$7,918,048
Publicly traded securities
$13,205,582
Net assets without donor restrictions
$3,649,404
Net assets with donor restrictions
$4,268,644
Gross receipts
$3,313,090
Employees
2
Volunteers
10
Year formed
1989
State of legal domicile
MD

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Kristen CallistoExecutive Director
Officer
40$75,205$4,805
Matthew SwibelChairperson
Trustee or director, Officer
0$0$0
Brenda WolffVice Chairperson
Trustee or director, Officer
0$0$0
Leslie ZeidTreasurer
Trustee or director, Officer
0$0$0
Thomas TaylorEx Officio
Trustee or director
0$0$0
Steven CohenDirector
Trustee or director
0$0$0
Melvyn LeshinskyDirector
Trustee or director
0$0$0
Linda PlummerDirector
Trustee or director
0$0$0
Arlandis RushDirector
Trustee or director
0$0$0
Girardo SmithDirector
Trustee or director
0$0$0
Rebecca SmondrowskiDirector
Trustee or director
0$0$0
Kim WatsonDirector
Trustee or director
0$0$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgs
Kristen CallistoExecutive Director
Trustee or director
40$0$86,776
Yolanda Johnson PruittRetired Executive Director
Trustee or director, Former
32$0$60,250
Thomas TaylorSuperintendent of Schools
Trustee or director
0$0$0
Pennie AbramsonDirector
Trustee or director
0$0$0
Steven CohenDirector
Trustee or director
0$0$0
Melvyn LeshinskyDirector
Trustee or director
0$0$0
Linda PlummerDirector
Trustee or director
0$0$0
Arlandis RushDirector
Trustee or director
0$0$0
Girardo SmithDirector
Trustee or director
0$0$0
Rebecca SmondrowskiDirector
Trustee or director
0$0$0
Kim WatsonSecretary
Trustee or director, Officer
0$0$0
Leslie ZeidTreasurer
Trustee or director, Officer
0$0$0
Brenda WolffVice Chairperson
Trustee or director, Officer
0$0$0
Matthew SwibelChairperson
Trustee or director, Officer
0$0$0

Address and contacts

Address (IRS master file)
850 HUNGERFORD DR, ROCKVILLE, MD 20850-1718
Principal officer (990 for 2024)
Dr Kristen Callisto, 850 Hungerford Dr 149, Rockville, MD 20850
Signed the 990
Leslie Zeid, Treasurer
Phone
(240) 740-3216
Return prepared by
Aprio Advisory Group LLC

Mission

Montgomery County Public Schools Educational Foundation (MCPSEF) supports student success in MCPS by funding special and innovative programs that regular funds cannot support.

990 for the year ended June 30, 2025

Program accomplishments

  • MCPSEF's primary program services consist of providing direct financial support to students and educators through scholarships, awards to graduating seniors, and grantmaking activities. In the spring of 2025, the organization awarded $1.9 million in scholarships and awards to 198 students across 14 scholarship and award programs. Of these, 170 students received MCPSEF's largest scholarship (in recipients), a four-year scholarship totaling $10,000 per recipient, established in honor of Ruth and Norman Rales and former Montgomery County Board of Education member Patricia Baier O'Neill.During the same period, MCPSEF distributed $1.15 million in grants to the MCPS. MCPSEF's grants program includes 51 educator grants of $5,000 or less designed to support classroom innovation, as well as larger strategic investments of up to $500,000 to advance science education initiatives.These activities directly further M's exempt purpose by expanding educational opportunity, supporting academic achievement, and strengthening instructional resources within the community.
    Expenses $3,094,496 · grants $3,094,496

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-1804509
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
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B120)
Assets (IRS master file)
$13,326,690
Income (IRS master file)
$3,313,090

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,313,090$3,436,946$13,326,690XML
990June 2024$3,725,792$4,105,799$12,086,287XML
990June 2023$3,575,894$3,161,401$9,861,162IRS
990June 2022–––IRS
990June 2021–––IRS

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 52-1804509).

Questions about MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC

What is the EIN of MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC?
The employer identification number (EIN) of MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC is 52-1804509.
Is MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC 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 MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Dr Kristen Callisto.
Who are the officers and directors of MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $75,205 (Kristen Callisto, Executive Director).
How much revenue does MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,313,090, expenses of $3,436,946 and total assets of $13,326,690 at year end.

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