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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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