EIN 52-1804509

Montgomery County Public Schools Educational Foundation (MCPSEF)

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1989
Most recent tax filings
2024-06-01
Description
The Montgomery County Public Schools (MCPS) Educational Foundation, Inc. provides funds for special and innovative programs for MCPS that regular funds cannot support.
Total revenues
$3,725,792
2024
Total expenses
$4,105,799
2024
Total assets
$12,086,287
2024
Num. employees
6
2024

Program areas at MCPSEF

The largest MCPSEF program are its scholarships and awards. In the spring of 2024, MCPSEF provided more than 18 scholarships and awards to 238 students, totaling over $2.3M to students across every high school in the district. For the class of 2024, 207 seniors were awarded a four-year scholarship totaling $10,000 in honor of the community services and legacy of Ruth and Norman Rales, as well as former Montgomery County board of education member, Patricia Baier-O'Neill.
The Joseph D. Byrd Scholarship provides a four-year scholarship [totaling $20,000] to students at Poolesville High School. Established in 2007, this is one of the most generous awards supported by MCPSEF. Three seniors from the class of 2024 were awarded the Byrd scholarship. MCPSEF strives to support pathways to promising futures for MCPS students. Alleviating the rising cost of post-secondary education, particularly for students with the greatest need for financial support, in partnership with our generous partners.
The ongoing funding from the Howard Hughes Medical Institute enabled MCPS to continue making foundational changes in science instruction that enable students from all backgrounds to actively engage in innovative science learning experiences. Activities during FY 24 included expanding and enhancing classroom and laboratory experiences, such as providing DNA Resource Center Investigation kits to middle and high school teachers from the DNA Resource Center; continued participation of students from underrepresented populations to attend STEM summer camps that provide laboratory and field experience in the life, environmental, and physical sciences; and participation in opportunities like the Youth Climate Summer for students to take action on scientific issues.
The MCPS Educational Foundation also completed several other program services (both scholarship and non-scholarship) in support of its mission during FY 24.

Who funds Montgomery County Public Schools Educational Foundation (MCPSEF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Norman R Rales and Ruth Rales FoundationEducational Support$2,000,000
Central Pennsylvania Scholarship FundCharity Grant for Education$113,000
Donors TrustFor the Ripple of Kindness Scholarship Fund$100,000
...and 8 more grants received

Financials for MCPSEF

RevenuesFYE 06/2024
Total grants, contributions, etc.$3,421,921
Program services$0
Investment income and dividends$303,871
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,725,792
Data update history
March 27, 2025
Received grants
Identified 4 new grant, including a grant for $113,000 from Central Pennsylvania Scholarship Fund
January 13, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 10, 2025
Updated personnel
Identified 1 new personnel
November 19, 2024
Updated personnel
Identified 5 new personnel
October 23, 2024
Received grants
Identified 4 new grant, including a grant for $1,500,000 from Howard Hughes Medical Institute
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Political advocacyProvides grantsState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
850 Hungerford Dr Room 149
Rockville, MD 20850
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
mcpsfoundation.org/ 
Phone
(301) 279-3432
IRS details
EIN
52-1804509
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when MCPSEF has new information, or want to find more organizations like Montgomery County Public Schools Educational Foundation (MCPSEF)?

Create free Cause IQ account