The Schott Foundation For Public Education
Only null% goes to programs Strong reserves Declining revenue
The Schott Foundation For Public Education is a 501(c)(3) organization based in Cambridge, Massachusetts, registered in 1999, with $7,430,831 in FY2023 revenue. CharityIndex grades it B.
1 Mifflin Pl Ste 400, Cambridge, MA, 02138 EIN 04-3457065 Since 1999
Revenue (FY2023)
$7.4M
▲ 83.6% vs prior year
Education median: $200K
Expenses (FY2023)
$8.0M
Net assets
$19.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Schott Foundation For Public Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating29 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Schott Foundation For Public Education: 29 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Schott Foundation For Public Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Schott Foundation For Public Education: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1 Mifflin Pl Ste 400, Cambridge, MA, 02138
- City
- Cambridge
- State
- Massachusetts
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $3.7M (FY2013) to $7.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $976KNet assets $19.3M
Operating margin
-7.7%
Spent more than it raised in the latest fiscal year.
Total assets
$20.2M
Total liabilities
$976K
Net assets
$19.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,430,831▲83.6% | $8,002,521▲11.4% | $19,272,561▼0.5% | $20,248,223▼0.8% | 990 |
| 2022 | $4,047,932▼70.5% | $7,186,142▲18.8% | $19,370,863▼12.7% | $20,411,138▼10.2% | 990 |
| 2021 | $13,718,931▲7.9% | $6,046,847▲48.5% | $22,195,816▲42.3% | $22,732,419▲42.3% | 990 |
| 2020 | $12,715,435▲190% | $4,071,970▲17.2% | $15,592,949▲113% | $15,969,642▲106% | 990 |
| 2019 | $4,383,355▲76.2% | $3,473,425▼11.9% | $7,336,290▲16.2% | $7,733,688▲18.9% | 990 |
| 2018 | $2,487,490▼49.7% | $3,943,793▼27.2% | $6,313,235▼18.2% | $6,505,240▼19.5% | 990 |
| 2017 | $4,944,839▲5.6% | $5,418,550▲6.4% | $7,717,983▼7.3% | $8,079,466▼18.9% | 990 |
| 2016 | $4,681,100▼15.3% | $5,090,999▼5.0% | $8,325,442▲0.4% | $9,960,532▼4.7% | 990 |
| 2015 | $5,524,745▲8.1% | $5,356,603▲19.2% | $8,295,295▼2.0% | $10,448,492▲5.9% | 990 |
| 2014 | $5,109,915▲36.4% | $4,495,353▲15.7% | $8,461,622▲4.1% | $9,862,341▲10.9% | 990 |
| 2013 | $3,746,144 | $3,883,941▼14.9% | $8,130,031▲4.8% | $8,892,445▲3.6% | 990 |
| 2012 | — | $4,565,718▼8.7% | $7,760,241▼19.0% | $8,579,415▼18.9% | 990 |
| 2011 | — | $5,000,799▲15.0% | $9,578,644▼15.2% | $10,582,125▼11.5% | 990 |
| 2010 | — | $4,349,801▼3.0% | $11,298,255▲523% | $11,959,425▲341% | 990 |
| 2009 | — | $4,483,736 | $1,813,587 | $2,710,962 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $43.7M total
42 grants to The Schott Foundation For Public Education totaling $43.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $1,000,000 |
| Tides Foundation | Quality education | 2024 | $50,000 |
| Nellie Mae Education Foundation Inc | Accelerating strategic impact across new england | 2023 | $1,750,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2023 | $350,000 |
| Tides Foundation | Quality education | 2023 | $180,000 |
| New Venture Fund | Youth development and education | 2023 | $100,000 |
| Johns Hopkins University | Sub-award | 2023 | $73,000 |
| Nellie Mae Education Foundation Inc | Partnerships, coalitions and movements | 2023 | $50,000 |
| Nellie Mae Education Foundation Inc | Bipoc-led public fund | 2023 | $15,000 |
| Impactassets Inc | General support | 2022 | $1,521,000 |
| The Seattle Foundation | To support fight back, fight forward: organizing for strong public schools and multiracial democracy | 2022 | $500,000 |
| Tides Foundation | Quality education | 2022 | $260,000 |
| Tides Foundation | Quality education | 2022 | $260,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2022 | $202,000 |
| Johns Hopkins University | Sub-award | 2022 | $175,000 |
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Frequently asked questions
- Is The Schott Foundation For Public Education a legitimate nonprofit?
- Yes. The Schott Foundation For Public Education is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3457065, based in Cambridge, Massachusetts. Donations are tax-deductible.
- What is The Schott Foundation For Public Education's EIN?
- The Schott Foundation For Public Education's Employer Identification Number (EIN) is 04-3457065.
- How much revenue does The Schott Foundation For Public Education report?
- The Schott Foundation For Public Education reported $7,430,831 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The Schott Foundation For Public Education have?
- CharityIndex grades The Schott Foundation For Public Education B, based on financial health (reserves and operating margin).
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Explore more
Data for The Schott Foundation For Public Education (EIN 04-3457065) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.