The Foundation serves as an education advocate and provides a central voice for strategic engagement on issues relating to education which impact our schools. We interact with local and state leaders and education stakeholders, while serving as a vehicle for individuals and businesses to support public education in Madison County.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.1M
+15.6% YoY
Annual Giving
$76K
Grant Count
2
Avg Grant Size
$38K
About The Schools Foundation Inc
Based on IRS filings
The Schools Foundation Inc is a nonprofit organization focused on Education, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 2 grants totaling $76K. Net investment income was $51K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,080,148 | $934,314 | $929,802 |
| Revenue | $630,960 | $418,724 | $603,241 |
| Expenses | $511,985 | $453,141 | $429,530 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $50,725 | $21,553 | $13,606 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Madison County Schools ($40,000), Huntsvsille City Schools ($36,165).
| Recipient | Purpose | Amount |
|---|---|---|
| Huntsvsille City Schools Huntsville, AL | To support extracurricular endeavors of eligible students through financial donations from individuals, sponsors and families. The program supports activities to include but are not limited to school, club and city league sports as well as music, drama and art extracurriculars | $36,165 |
| Madison County Schools Hunsville, AL | The $40,000 grant will be used to expand and strengthen STEM learning opportunities for middle school students across Huntsville City and Madison City Schools. Funding will provide hands-on equipment, instructional resources, and program support designed to build a strong foundation in science, technology, engineering, and math as students transition to high school. | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DREW HARTT YARBROUGH | SECRETARY | 4 | — |
| MARY BETH WILSON | PRESIDENT | 4 | — |
| PAIGE NIX | TREASURER | 4 | — |
| TARON THORPE | VICE PRESIDENT | 4 | — |
| AMBER MONTGOMERY | DIRECTOR | 1 | — |
| Ana Santos-Diaz | Director | 1 | — |
| DEBRA WEST | DIRECTOR | 1 | — |
| ERIN COBB | DIRECTOR | 1 | — |
| LAURA BARNARD | DIRECTOR | 1 | — |
| LIBBY PARKER | DIRECTOR | 1 | — |
| LORI LIGHT | DIRECTOR | 1 | — |
| MARK DEBRO | DIRECTOR | 1 | — |
| MELANIE FORBES | DIRECTOR | 1 | — |
| PAT GARNER | DIRECTOR | 1 | — |
| SARAH FANNING | DIRECTOR | 1 | — |
| SHANNON NEBLETT | DIRECTOR | 1 | — |
| SYDNEY MARTIN | DIRECTOR | 1 | — |
| TAMMY SUMMERVILLE | DIRECTOR | 1 | — |
| JEANNE GREER | EXECUTIVE DIRECTOR | 40 | $70,350 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Schools Foundation Inc?
The Schools Foundation Inc is a nonprofit organization focused on Education, based in HUNTSVILLE, AL. It holds $1.1M in total assets as of 2025.
How large is The Schools Foundation Inc?
As of 2025, The Schools Foundation Inc holds $1.1M in total assets with $631K in annual revenue. It awarded 2 grants totaling $76K in 2025.
Where does The Schools Foundation Inc operate?
The Schools Foundation Inc has awarded grants in Alabama.
What size grants does The Schools Foundation Inc award?
In 2025, The Schools Foundation Inc awarded 2 grants totaling $76K — an average of about $38K per grant, based on its IRS Form 990 filings.
What is The Schools Foundation Inc's EIN?
The Schools Foundation Inc's EIN (Employer Identification Number) is 58-1955411. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Schools Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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