“Stepping Up: The Nation’s Top K-12 Education Foundations 2016” ranks the
nation’s top 50 foundations.
(Nov. 10, 2016) – “Stepping Up: The Nation’s Top K-12 Education Foundations 2016” will be released December 7. Stepping Up is the nation’s only annual study and ranking of K-12 education foundations.
The study – in its fourth year — includes education foundations in the top 200 largest school districts in the nation (by student population), as well as other top-performing foundations in smaller school districts. There is a total of 220 foundations included in the 2016 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).
The purpose of the study is to advocate the importance of K-12 education foundations while recognizing those that do it best. “K-12 education foundations are far more important to public education than given credit,” said Dewey Caruthers, president of dewey & associates and study author.
In addition to ranking the top 50 in the nation, foundations also are placed into four divisions based on revenues. “We want to provide comparisons to foundations of similar sizes,” Caruthers said. Division 1 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.
Stepping Up is sponsored by Foundant Technologies (in its second year of sponsorship) and SaveAround (in its first year of sponsorship).