THE SCHOOL FUND

Donate, Educate, Liberate

Palo Alto, CA   |  www.theschoolfund.org

Mission

The School Fund (“TSF”) provides scholarships to low-income, high potential students throughout the developing world using a transparent crowdfunding platform that shows donors a breakdown of school fees, receipts, etc. and provides donors with updates directly from students via a journaling function on the TSF platform. TSF partners with trustworthy field partners (schools, scholarship organizations, etc.) to identify students in need.

Ruling year info

2010

Founder & Board Chair

Matt Severson

Executive Director

Timothy McKenna

Main address

455 Coleridge Ave

Palo Alto, CA 94301 USA

Show more contact info

EIN

26-4134728

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Worldwide 115 million school aged children to not attend school in large part due to compulsory school fees that are prevalent throughout much of the developing world.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Educational Scholarships

The School Fund is a crowdfunding platform. By offering donors the opportunity to invest as little as $1 toward students’ education, collectively, we can empower them to make better lives for themselves and their families. One hundred percent of TSF donations to students go directly to covering school fees.

Population(s) Served
Children and youth

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The School Fund believes that sustainable development must happen from within and stands behind the research that education is the most effective way to eradicate poverty. The School Fund's goal is to empower low-income students in developing countries with an education and to allow anyone to invest in these children so that collectively, we can empower students to improve their lives. TSF achieves this by harnessing technology to enable the power of the crowd to fund students' educational expenses and by providing a transparent 1:1 platform for donors. Students' educational receipts are posted and donors can directly communicate with students.

The School Fund works with vetted Field Partners in Sub-Saharan Africa, Southeast Asia, and Latin America to identify students with financial barriers. TSF seeks Field Partners that provide educational opportunities to students in the regions where they operate. TSF seeks Field Partners that have strong ties to their respective communities, a systematic process for identifying students with financial barriers, and the ability to monitor students' progress. After TSF accepts a Field Partner, Field Partners select students for TSF's website and obtain students' bios. Students are then posted on TSF's website, along with their photos and bios, to fundraise for their upcoming academic year. Two weeks before the start of the students' academic year, TSF transfers funds to the Field Partners as economically as possible and thereafter, obtains students' educational expense receipts. 100% of donations go directly toward students' educational expenses. TSF works with Field Partners to ensure ongoing compliance.

The School Fund has a proven crowdfunding platform, a rigorous vetting process for Field Partners, and a transparent and engaging experience for donors.

Since 2009, The School Fund has served over 1,000 students with over 1,500 years of education, and raised over $500,000 for student educational expenses.

Financials

THE SCHOOL FUND
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

THE SCHOOL FUND

Board of directors
as of 1/21/2022
SOURCE: Self-reported by organization
Board chair

Matt Severson

Dan Barritt

Google

Denis Severson

Kurt Davis

Barclay's

Prerana Vaidya

Kidizens

Andrew Perrault

University of Toronto

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No