Claysburg Education Foundation Summary of Income and Expenses
Since Inception 7 Years Ago
Since inception in July 2014 through April 30, 2021, the Foundation has received donations and been instrumental in other awards totaling $971,650 in slightly less than 7 years.
Expenditure totals were $568,280 and do not include securing the $100,000 of laptop computers in 2020 for Claysburg-Kimmel and do not include the direct donation of $65,000 to the Learning Lamp for a pre-K program. With them the grand total expenditures is $733,280.
Our Work - Helping with Education Financially
The goal of the Claysburg Education Foundation is to help our Claysburg area students, and it begins with donations. They come from a variety of sources such as individuals, businesses, from EITC tax credits from businesses, scholarship accounts, memorials and from individuals with a specific goal in mind such as STEM.
The bulk of our expenditures has been directly helping students from Claysburg-Kimmel mainly in two areas related to STEM and more specifically Technology as well as other Claysburg-Kimmel programs.
For the future and beyond, we are in the financial position of directing monies to many different areas. Your contribution efforts have put the Claysburg Education Foundation on a very firm footing for the future.
Claysburg Education Foundation Summary of Income and Expenses - 7 Years
Since inception in July 2014 through December 31, 2020, the Foundation has received donations totaling $689,321.
Expenses for the same period totaled $527,023. Of this total $163,633 was for I-pads, $54,776 for dual college enrollment courses, $77,790 Summer STEM, $98,249 for Venture grants for teaching, $39,759 for after school STEM and the balance for other categories listed above.
These totals do not include securing the $100,000 of laptop computers in 2020 for Claysburg-Kimmel and do not include the direct donation of $65,000 to the Learning Lamp for a pre-K program.
Claysburg Education Foundation Summary of Income and Expenses Since Inception
7 Years - Started July 17, 2014 through December 31, 2020
Through December 2020, the Foundation has received income and donations of $113,367 and paid to the Claysburg-Kimmel School District for the year of 2020 a total of $96,803 plus $5,608 to the Claysburg Area Public Library and $4,774 for administrative expenses for a total of $107,185 for the year.
In addition to the direct Foundation donations for education this year, the Foundation secured laptop computers from NPC as a donation directly to the Claysburg-Kimmel School District with an estimated value of $100,000.
Additionally the Foundation secured a donation through PA EITC money for $65,000 that went directly to the Learning Lamp for a pre-K program for Claysburg-Kimmel.
The total amount of funding for 2020 secured or spent was:
Claysburg Educucation Foundation Expenditures $107,185
NPC Computers for Claysburg-Kimmel Value 100,000
Learning Lamp Pre-K Funding Secured 65,000
Total Secured and Spent in 2020 by Foundation $272,185
Summary of Income and Expenses
January 1, 2020 through December 31, 2020