Million Dollar Teacher Project

Public charity · Grantmaker Phoenix, AZ EIN: 81-3050329

To elevate the teaching profession through increased support compensation and recognition

Key facts about Million Dollar Teacher Project

In short: Million Dollar Teacher Project gave $9K across 1 grant in 2025 (avg $9K), mostly in Arizona. Source: 2025 IRS Form 990.

EIN
81-3050329
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$9,000
Grants made (2025)
1
Average grant
$9,000
Median grant
$9,000
Total assets
$560,998
Primary geography
Arizona (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$561K

-1.6% YoY

Annual Giving

$9K

Grant Count

1

Avg Grant Size

$9K

About Million Dollar Teacher Project

Based on IRS filings

Million Dollar Teacher Project is a public charity focused on Employment, based in Phoenix, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $561K in total assets. In 2025, it awarded 1 grant totaling $9K. Net investment income was $6K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Chandler

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K0 grants2021 0 grants2022 0 grants2023 0 grants2024 1 grant2025

In 2025 it made 1 grant totaling $9K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Reading Alliance: $9KThe Reading Alliance$9K

The largest 2025 recipient was The Reading Alliance ($9K).

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Reading Alliance Chandler, AZPass through funds to The Reading Alliance as Fiscal Sponsor for their Burton Family Foundation Grant for their Luminary Leader Apprenticeship Program$9,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$560,998$570,219$685,528
Revenue$296,679$307,504$426,172
Expenses$324,483$424,985$320,686
Net Investment Income$6,023——

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2025 (received by the IRS December 12, 2025)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Million Dollar Teacher Project is led by LLoyd Hopkins, Founder & CEO since 2023 (on filings since 2022); 1 of 9 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • LLoyd Hopkins

    Founder & CEO

    Executive Director & Founder → Founder & CEO, 2023

    On filings since 2022

    40 hrs/week

    $42K (2022) → $72K (2025)

  • Karen Ulinski

    Chair

    Vice President → President, 2024

    President → Chair, 2025

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Rhonda Bowman

    Vice Chair

    Member → Vice President, 2024

    Vice President → Vice Chair, 2025

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Brian Stinson

    Secretary

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Leighton Tyau

    Treasurer

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Michelle Alvis

    Board Member

    Member → Board Member, 2025

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Jonathan Temple

    Board Member

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Ron Washington

    Board Member

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Shellie Berry

    Board Member

    New on the 2025 filing

    5 hrs/week

    No compensation reported

Former officers (4)
  • Former: Bill Pankey (2021–2024) — Treasurer
  • Former: Kristine Morris (2021–2024) — President
  • Former: Adam French (2022–2024) — Secretary
  • Former: Truc Doan (2022–2024) — Member

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

LLoyd Hopkins — Founder and CEO: $72KLLoyd HopkinsFounder and CEO$72K

The highest reported compensation on the 2025 filing was $72K, to LLoyd Hopkins (Founder and CEO).

Frequently asked questions about Million Dollar Teacher Project

How much does Million Dollar Teacher Project give each year?

Million Dollar Teacher Project gave $9K across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is Million Dollar Teacher Project?

Million Dollar Teacher Project reported $561K in total assets on its 2025 IRS Form 990. Its revenue that year was $297K.

What is Million Dollar Teacher Project?

Million Dollar Teacher Project is a public charity focused on Employment, based in Phoenix, AZ. It holds $561K in total assets as of 2025.

Where does Million Dollar Teacher Project operate?

Million Dollar Teacher Project has awarded grants in Arizona.

What is Million Dollar Teacher Project's EIN?

Million Dollar Teacher Project's EIN (Employer Identification Number) is 81-3050329. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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