FOUNDATIONS INC

Mount Laurel, NJ, US
501(c)(3)
EIN
52-1801849
Logo for "FOUNDATIONS INC"
Mount Laurel, NJ, US
501(c)(3)
EIN
52-1801849

Overview

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Est.

1992

Fiscal Year Start

Sep 1

Organization Type

Grantseeker
AI Summary
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FOUNDATIONS INC is a not-for-profit educational service organization dedicated to improving educational quality for vulnerable children in underserved communities across the nation. With an operating budget of $9.8 million and total revenue of $10.2 million for the 2024 filing year, the organization focuses on capacity-building for educators through professional learning, technical assistance, and program development. FOUNDATIONS INC does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base that includes foundation grants, government grants, and contributions. For more information, visit their website at www.foundationsinc.org.

Mission Statement

FOUNDATIONS IS DEDICATED TO IMPROVING THE QUALITY OF EDUCATION FOR OUR NATION'S MOST VULNERABLE CHILDREN BY STRENGTHENING THE SKILLS OF EDUCATORS THROUGH PROFESSIONAL LEARNING. FOUNDATIONS, INC. IS A NOT-FOR-PROFIT EDUCATIONAL SERVICE ORGANIZATION COMMITTED TO BUILDING THE QUALITY OF EDUCATIONAL OPPORTUNITIES FOR CHILDREN, YOUTH, AND FAMILIES IN UNDERSERVED COMMUNITIES THROUGH WORK WITH PUBLIC CHARTER SCHOOLS, SCHOOL DISTRICTS, EDUCATION AND COMMUNITY-BASED ORGANIZATIONS, AND AFTERSCHOOL PROGRAM PROVIDERS. THE ORGANIZATION FOCUSES ON CAPACITY-BUILDING THROUGH PROFESSIONAL LEARNING, TECHNICAL ASSISTANCE, PROGRAM DEVELOPMENT, SUPPORTING TOOLS, AND SERVICES. THE ORGANIZATION RECEIVES ITS SUPPORT FROM VARIOUS SOURCES INCLUDING FOUNDATION GRANT PROGRAMS, GOVERNMENT GRANTS, PERFORMANCE CONTRACTS, PRODUCT SALES, CONTRIBUTIONS FROM FOUNDATIONS, AND CONFERENCE FEES.
Revenues

$10.2M

Expenses

$9.8M

Net Income:
+$387.9K
Assets

$6.1M

Liabilities

$1.1M

Net Assets:
+$5M
Operating Budget

$9.8M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

14

Median grant size
$47.3K
Largest grant received
$250K
R
Rhonda H Lauer
Board Member
L
Linda Romano
Board Member
R
Robert S Schwartz
Board Member

Frequently Asked Questions

What is FOUNDATIONS INC’s budget?
In 2024, FOUNDATIONS INC reported an annual operating budget of around $9.8 million. More detailed financial information is available to registered users.
What causes does FOUNDATIONS INC support?
FOUNDATIONS INC supports work in Foundations.
Where does FOUNDATIONS INC operate?
FOUNDATIONS INC is headquartered in Mount Laurel, NJ.
Who funded FOUNDATIONS INC recently?
In 2025, FOUNDATIONS INC received grants from THE PATTERSON FOUNDATION, THE CALIFORNIA ENDOWMENT, and THE PATTERSON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FOUNDATIONS INC received in 2024?
The largest grant to FOUNDATIONS INC in 2024 exceeds $250 thousand.
What is FOUNDATIONS INC’s reliance on government grants?
FOUNDATIONS INC relied on government grants for more than 5% of their total revenue in 2024.
Overview
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