The School Fund provides scholarships to high potential students in the developing world who cannot afford to attend school. Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading to a more educated and interconnected world.

501(c)(3) charity; gifts are tax-deductible.
Run by 4 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $12K a year · 5% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Pay to officers and key staff
$42K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
5
named funders · $64K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$177K
-17% vs prior year
Net assets
$257K
By yearFY2020–FY2024
Revenue
$177K
FY2024▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$228K
FY2021$234K
FY2022$189K
FY2023$213K
FY2024$177K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020$220K
FY2021$275K
FY2022$203K
FY2023$213K
FY2024Not on file
Net assets
$257K
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$286K
FY2021$246K
FY2022$232K
FY2023$232K
FY2024$257K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990-EZ; $42K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$42,500Pt VII · Sec A
Director
$0Pt VII · Sec A
Director Thru Nov
$0Pt VII · Sec A
Director Thru Nov
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Thru Nov
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Timothy McKenna’s $42K as Executive Director is at the 39th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Tim McKenna———$55,978
Timothy McKenna$42,500$52,000$52,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See School Fund executive salaries →

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Programs and updates

Provides scholarships to bright, low-income students in developing countries to help them finish school.

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Provided by the organization

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1 program · $165K · in their own filed words · FY2023
01

"In 2023, The School Fund (TSF) made grants of scholarships and educational expenses for 222 needy secondary school students in seven developing countries across three continents. TSF worked with eleven NGO partners to identify eligible students and create a personalized profile and a detailed list of educational related expenses for…

$165Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 4 grants · $40K · 2022–2022
Kenya Connect INCMD · FY2022$15,610
Beyond FistulaCA · FY2022$8,220
Milaan FoundationIL · FY2022$8,210

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$177K
Other income$177K
Owns and owes
$257K
net assets
Liabilities$0
People
10
listed
Paid1
2In more detail
Revenue in detail
Other income$177K
Total revenue$177K
Assets in detailEnd of year
Liabilities$0
Net assets$257K
Operations
Employees1
Volunteers4
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $177K$257K 990 PDF
FY2023 $213K$213K−$246$232K 990 PDF
FY2022 $189K$203K−$14K$232K 990 PDF
FY2021 $234K$275K−$40K$246K 990 PDF
FY2020 $228K$220K$8K$286K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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