Study announces top 50 K-12 education foundations in the nation

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December 7, 2016 Dewey Caruthers Dewey@caruthers.institute  // 813-294-5612

“Stepping Up: The Nation’s Top K-12 Education Foundations 2016” shows Florida and Texas most well represented, followed by Tennessee, California, Utah, Colorado and New York.

(Dec. 7, 2016) – The nation’s only annual study and ranking of K-12 education foundations was released today, revealing the impact that local communities make on public education.  The study — in its third year — is conducted by the nonpartisan think tank Caruthers Institute (formerly dewey & associates).  To view the 2016 study, visit www.caruthers.insitute

“Most parents and taxpayers are not aware of how K-12 education foundations are enhancing and innovating public education,” said Dewey Caruthers, study author and president of Caruthers Institute that conducts the study, noting “education foundations are providing vital programs for students and valuable grants for teachers that otherwise would not exist.”

“Stepping Up: The Nation’s Top K-12 Education Foundations 2016” showed Six states – Florida, Texas, Tennessee, California, Utah, Colorado – have been the most represented with education foundations in the nation’s top 50 for two consecutive years.  More specifically for 2016:  Florida had 11 foundations in the top 50, with six in the top 25.  Texas followed with 8 in the top 50, though only one in the top 25.  Tennessee and California each had 3 in top 50, and one in top 25.  Colorado and Utah each had 2 in top 50, with one in top 25.  Additionally, New York had 2 in the top 25, both in New York City.

The nation’s top 25:

  1. Pinellas Education Foundation (FL)
  2. Omaha Schools Foundation (NE)
  3. Achieve Minneapolis (MN)
  4. Alliance for Education (WA)
  5. Chattanooga Hamilton Co Public Ed Fund (TN)
  6. Boise Public Schools Foundation (ID)
  7. Foundation for Springfield Public Schools (MO)
  8. Brevard Schools Foundation (FL)
  9. Denver Public Schools Foundation (CO)
  10. Foundation for Newark’s Future (NJ)
  11. DC Public Education Fund
  12. The Foundation for Osceola Education (FL)
  13. Foundation for Lincoln Public Schools (NE)
  14. Foundation for Seminole County Public Schools (FL)
  15. Albuquerque Public Schools Foundation (NM)
  16. The Fund for Public Schools (NY)
  17. Clark County Public Education Foundation (NV)
  18. The Boston Educational Development Foundation (MA)
  19. All Hands Raised (OR)
  20. Evanston Township Educational Foundation (IL)
  21. Hillsborough Education Foundation (FL)
  22. Education Foundation of Collier County (FL)
  23. Alpine School District Foundation (UT)
  24. Frisco Education Foundation (TX)
  25. New Visions for Public Schools (NY)

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 188 K-12 education foundations from 220 school districts included in the study.  These foundations collectively generated the following in 2014 (most recent year data available):

  • Held $506 million in assets
  • Raised $359 million
  • Invested $161 million into grants and programs
  • Leveraged 45,000 volunteers to fuel efforts

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 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.


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 the next evolution of dewey & associates, which became a nonprofit with a larger mission capable of making a large national impact.  For more info, visit www.caruthers.institute

Study Sponsors

“Stepping Up: The Nation’s Top K-12 Education Foundations 2016” is sponsored by Foundant Technologies, which provides online grants and scholarship management solutions (www.foundant.com); and SaveAround, which helps schools and education foundations raise money through exclusive coupon books (www.savearound.com)

Study
2016-12-07T06:14:57+00:00 Wednesday, December 7, 2016|

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