Union City Area School District Foundation

The Union City Area School District Foundation is a nonprofit organization based in the United States, primarily focused on supporting educational activities within the Union City Area School District.

Purpose and Activities

This foundation is categorized under Educational Institutions and Related Activities, with a specific focus on single organization support. It operates as a 501(c) organization, which allows donations to be tax-deductible. The foundation's mission is to enhance educational opportunities and resources within the school district.

Financial Overview

As seen in financial data from recent years, the foundation primarily relies on contributions and fundraising efforts for its revenue. In fiscal year 2021, contributions accounted for about 79.3% of total revenue, while net fundraising activities contributed around 20.3%. The foundation does not report any executive compensation, professional fundraising fees, or other salaries.

The foundation's financial health is reflected in its asset management, with total assets valued at over $1.5 million as of 2021. The organization has no reported liabilities.

Governance

The foundation is governed by a board of directors who are not compensated for their roles. This reflects the organization's commitment to transparency and efficiency in managing its finances.

Objectives

While specific objectives are not detailed in the available data, educational foundations like the Union City Area School District Foundation typically aim to:

• Enhance Educational Resources: Support the development of curricula, educational programs, and facilities within the school district.
• Scholarship Programs: Offer financial assistance to students pursuing higher education or vocational training.
• Community Engagement: Foster partnerships with local businesses and community members to promote educational excellence.

Conclusion

The Union City Area School District Foundation is dedicated to enhancing educational opportunities and outcomes in Union City by leveraging community support and resources. Its focus on financial management and community engagement positions it as a vital player in local education.