Lps Education Foundation Inc.
Lps Education Foundation Inc.
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About this organization
Mission
To provide resources for the enrichment of students in the Livonia Public Schools District; and contributing to the establishment of college savings programs for students entering kindergarten, while educating parents on the benefits of college savings.
About
Contributions to entity 529 savings program on behalf of kindergarten students entering Livonia Public Schools. These funds are held in an investment account until student graduates high school within the Livonia Public School District at which point grant payment will be made. Inclusion of student beneficiaries requires parental permission. Grants also include payments to fifteen district schools to be used by teachers at school for learning experience improvements.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “To provide resources for the enrichment of students in the livonia public schools district; and contributing to the establishment of college savings programs for the students entering kindergarten, while educating the parents on the benefits of college savings.”.
When outlining the tasks it performs, they were referred to as: “To provide resources for the enrichment of students in the livonia public schools district; and contributing to the establishment of college savings programs for students entering kindergarten, while educating parents on the benefits of college savings.”.
- The non-profit's reported state of operation is MI as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 15125 FARMINGTON RD, LIVONIA, MI, 48154.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $88,514.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization has 14 independent voting members.
- The organization was formed in 2004.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $547 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has fundraising events.