The Foundation provides funding for superior and innovative educational programs which exceed the school district's financial resources.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$74K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: 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
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $109K a year · 22% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
20 mo
of spending, in cash
Plus $2.4M in investments, Pt X · Ln 11–13
Looks good: 19.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $44K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.05% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$362K
Spent
$294K
To programs
75%
Net assets
$2.9M
By yearFY2020–FY2024
Revenue
$362K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$362K
FY2021$858K
FY2022$81K
FY2023$551K
FY2024$634K
Expenses
$294K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$294K
FY2021$358K
FY2022$374K
FY2023$442K
FY2024$475K
Net assets
$2.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.9M
FY2021$3.3M
FY2022$2.8M
FY2023$3.2M
FY2024$3.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1986.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $221K Management & general 21% · $62K Fundraising 4% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$73,740Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Alice Finley’s $95K as Executive Di is at the 82nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alice Finley$94,800$90,086$75,101$74,168$73,740

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 Upper Arlington Education Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds innovative educational programs exceeding school district budgets.

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Provided by the organization

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3 programs · $221K · in their own filed words · FY2020
01

The foundation provides funding for superior and innovative educational programs which exceed the school district's financial resources. Includes supplies and equipment, scholarships, and other education materials for various education programs with the school.

$204Kprogram expense
02

Provide scholarships to graduates of upper arlington city schools to assist with college tuition.

$16Kprogram expense
03

Alumni Association for the Upper Arlington School

Provides a network for former students to keep up to date with activities and accomplishments of the school and alumni. Accomplishments include website and reunions.

$1Kprogram 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
Total grants receivedfrom 3 funders$44K
See all 3 funders →
Grants paid · 11 grants · $736K · 2020–2024
Upper Arlington City SchoolsFY2024$149,266
Unitemized GrantFY2024$18,900
Upper Arlington City SchoolsFY2023$161,323
Unitemized GrantFY2023$17,927
Upper Arlington City SchoolsFY2022$115,104
Unitemized GrantFY2022$16,994
Citizens for Ua SchoolsFY2022$10,500
Upper Arlington City SchoolsFY2021$133,941
Unitemized GrantFY2021$23,450
Upper Arlington City SchoolsFY2020$72,436
Unitemized GrantFY2020$15,849

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$362K
Ln 12
Gifts and grantsLn 1h$334K
Other incomeLn 4–11$16K
Investment incomeLn 3$11K
Money outPt IX
$294K
Ln 25
Programscol B$221K
Managementcol C$62K
Fundraisingcol D$12K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$488K
Total assetsLn 16$2.9M
LiabilitiesLn 26$1K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$334K
Government grantsLn 1e$29K
Noncash giftsLn 1g$20K
Fundraising eventsLn 1c$20K
Investment incomeLn 3$11K
Other incomeLn 4–11$16K
Gains on assetsLn 7−$11K
Total revenueLn 12$362K
Assets in detailPt X, end of year
CashLn 1$288K
SavingsLn 2$201K
Cash and savings togetherLn 1–2$488K
InvestmentsLn 11–13$2.4M
Total assetsLn 16$2.9M
LiabilitiesLn 26$1K
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 54
VolunteersI 638
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$436K$488K
InvestmentsLn 11–13$2.4M$2.4M
Total assetsLn 16$2.8M$2.9M
LiabilitiesLn 26$2K$1K
Net assetsLn 32$2.8M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$77K$77K
Grants to domestic individualsLn 2$16K$16K
Pay of current officers, directors and key staffLn 5$74K$59K$12K$3K
Other salaries and wagesLn 7$68K$34K$27K$7K
Payroll taxesLn 10$10K$5K$4K$1K
Management feesLn 11a$20K$20K
Accounting feesLn 11c$6K$2K$4K
Investment management feesLn 11f$6K$6K
Other fees for servicesLn 11g$108$108
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$1K$1K
Information technologyLn 14$8K$4K$4K
Conferences, conventions and meetingsLn 19$3K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$805$1K−$2K$1K
Total functional expensesLn 25$294K$221K$62K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Sep 11, 2025 $634K$475K$160K$3.6M 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $551K$442K$109K$3.2M 990 PDF
FY2022Filed with the IRS Oct 25, 2023 $81K$374K−$293K$2.8M 990 PDF
FY2021Filed with the IRS Nov 10, 2022 $858K$358K$499K$3.3M 990 PDF
FY2020 ViewingFiled with the IRS Nov 12, 2021 $362K$294K$67K$2.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $361,607 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $266,316$333,909
I-9 Program service revenue$0
I-10 Investment incomePrior year $95,703$11,476
I-11 Other revenuePrior year $67,266$16,222
I-12 Total revenuePrior year $429,285$361,607
I-13 Grants and similar amounts paidPrior year $89,453$92,841
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $140,406$152,173
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,761$49,239
I-18 Total expensesPrior year $278,620$294,253
I-19 Revenue less expensesPrior year $150,665$67,354
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $361,607 across 9 lines filed
VIII-1c Fundraising events$20,280
VIII-1e Government grants$29,129
VIII-1f All other contributions, gifts and grants$284,500
VIII-1g Noncash contributions (included above)$20,280
VIII-1h Total contributions, gifts and grants$333,909
VIII-3 Investment incomeRelated to mission $22,416$22,416
VIII-7 Net gain or loss on sales of assetsRelated to mission −$10,940−$10,940
VIII-8 Net income from fundraising eventsExcluded from tax $16,222$16,222
VIII-12 Total revenueRelated to mission $11,476 · Excluded from tax $16,222$361,607
Part IX · Statement of functional expenses $294,253 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $76,992$76,992
IX-2 Grants to domestic individualsPrograms $15,849$15,849
IX-5 Pay of current officers, directors and key staffPrograms $58,992 · Management $11,946 · Fundraising $2,802$73,740
IX-7 Other salaries and wagesPrograms $34,180 · Management $27,344 · Fundraising $6,836$68,360
IX-10 Payroll taxesPrograms $5,037 · Management $4,029 · Fundraising $1,007$10,073
IX-11a Management feesPrograms $20,022$20,022
IX-11c Accounting feesPrograms $1,920 · Management $4,481$6,401
IX-11f Investment management feesManagement $5,733$5,733
IX-11g Other fees for servicesPrograms $108$108
IX-12 Advertising and promotionPrograms $1,378$1,378
IX-13 Office expensesPrograms $1,172 · Management $1,173$2,345
IX-14 Information technologyPrograms $4,016 · Management $4,016$8,032
IX-19 Conferences, conventions and meetingsManagement $2,645$2,645
IX-23 InsuranceManagement $1,770$1,770
IX-24 Other expenses (24a–d)Programs $1,189 · Management −$1,574 · Fundraising $1,190$805
IX-25 Total functional expensesPrograms $220,855 · Management $61,563 · Fundraising $11,835$294,253
Part X · Balance sheet $2,876,872 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $199,164$287,514
X-2 Savings and temporary cash investmentsStart of year $237,164$200,661
X-11 Publicly traded securitiesStart of year $2,391,083$2,388,697
X-16 Total assetsStart of year $2,827,411$2,876,872
X-17 Accounts payable and accrued expensesStart of year $1,736$1,479
X-26 Total liabilitiesStart of year $1,736$1,479
X-27 Net assets without donor restrictionsStart of year $1,056,932$1,198,766
X-28 Net assets with donor restrictionsStart of year $1,768,743$1,676,627
X-32 Total net assets or fund balancesStart of year $2,825,675$2,875,393
X-33 Total liabilities and net assetsStart of year $2,827,411$2,876,872
Part XI · Reconciliation of net assets $2,875,393 net assets at year end
XI-1 Total revenue$361,607
XI-2 Total expenses$294,253
XI-3 Revenue less expenses$67,354
XI-4 Net assets at start of year$2,825,675
XI-5 Net unrealized gains (losses) on investments−$17,636
XI-10 Net assets at end of year$2,875,393

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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