Australian Universities & Schools USA Foundation

The Australian Universities & Schools USA Foundation is a nonprofit organization established in the United States in 2006. It holds a 501(c)(3) tax-exempt status, which allows donations to be tax-deductible for US taxpayers[1][2]. The foundation's primary mission is to support quality education in both Australian and United States educational institutions[1][2].

Mission and Activities

The foundation achieves its mission by soliciting proposals from selected educational institutions and granting funds to support various educational initiatives[2]. These initiatives include student bursaries, scholarships, the construction of new facilities, and teacher professional development programs[1]. By fostering educational growth, the organization aims to contribute significantly to the field of education[2].

Financial Overview

As of recent reports, the foundation has received substantial contributions, totaling over $2 million since its inception[1]. More recent financial figures indicate an annual revenue of approximately $1.4 million in 2022[2]. The foundation's financial transparency is reflected in its submission of Form 990, a tax document required for tax-exempt organizations in the US[2].

Leadership and Structure

Peter Conway serves as the Chair of the Australian Universities & Schools USA Foundation[2]. Despite its significant financial operations, the organization does not incur professional fundraising fees or additional salaries beyond executive compensation[2].

The foundation operates under the NTEE category of educational institutions and related activities, focusing on nonmonetary support[3]. Its contribution to education aligns with its designation as a nonprofit organization aimed at promoting educational excellence[3].

Impact

Through its efforts, the Australian Universities & Schools USA Foundation plays a crucial role in supporting educational initiatives that benefit both Australian and American educational systems. By providing financial support, it helps foster future leaders and contribute to the broader educational landscape in both countries[1][2].