The Schools Foundation Inc
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.
The Schools Foundation Inc at a glance
In short: The Schools Foundation Inc gave $76K across 2 grants in 2025 (avg $38K), mostly in Alabama. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $76,165
- Grants made (2025)
- 2
- Average grant
- $38,083
- Median grant
- $38,083
- Total assets
- $1,080,148
- +15.6% vs 2024
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Schools Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Madison County Schools ($40K). Together the top 2 received $76K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $76K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,080,148 | $630,960 | $511,985 | $76,165 | 2 | $50,725 |
| 2024 | $934,314 | $418,724 | $453,141 | — | — | $21,553 |
| 2023 | $929,802 | $603,241 | $429,530 | — | — | $13,606 |
| 2022 | $730,635 | $475,213 | $455,443 | — | — | $34,981 |
| 2021 | $691,809 | $473,951 | $361,422 | — | — | $38,674 |
| 2020 | $581,301 | $394,719 | $244,846 | — | — | $19,567 |
| 2019 | $432,071 | $751,229 | $801,520 | — | — | $15,855 |
About The Schools Foundation Inc
Based on IRS filings
The Schools Foundation Inc is a public charity focused on Education, based in Huntsville, AL. IRS filing data is available from 2019 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
Leadership & Key People
Officers and directors from IRS filings
The Schools Foundation Inc is led by Jeanne Greer, Executive Director on every filing since 2024; 1 of 19 officers listed in 2025 is compensated.
Officers on the 2025 filing
Jeanne Greer
Executive Director
On filings since 2024
40 hrs/week
$20K (2024) → $70K (2025)
Mary Beth Wilson
President
Director → Vice President, 2022
Vice President → President, 2024
On filings since 2019
4 hrs/week
No compensation reported
Sarah Fanning
Director
On filings since 2019
1 hr/week
No compensation reported
Mark Debro
Director
On filings since 2020
1 hr/week
No compensation reported
Laura Barnard
Director
On filings since 2022
1 hr/week
No compensation reported
Lori Light
Director
On filings since 2022
1 hr/week
No compensation reported
Pat Garner
Director
Treasurer → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Melanie Forbes
Director
On filings since 2023
1 hr/week
No compensation reported
Shannon Neblett
Director
On filings since 2023
1 hr/week
No compensation reported
Amber Montgomery
Director
On filings since 2024
1 hr/week
No compensation reported
Debra West
Director
On filings since 2024
1 hr/week
No compensation reported
Erin Cobb
Director
On filings since 2024
1 hr/week
No compensation reported
Libby Parker
Director
On filings since 2024
1 hr/week
No compensation reported
Sydney Martin
Director
On filings since 2024
1 hr/week
No compensation reported
Tammy Summerville
Director
On filings since 2024
1 hr/week
No compensation reported
Ana Santos-Diaz
Director
New on the 2025 filing
1 hr/week
No compensation reported
Taron Thorpe
Vice President
Director → Vice President, 2024
On filings since 2021
4 hrs/week
No compensation reported
Drew Hartt Yarbrough
Secretary
Director → Secretary, 2023
On filings since 2022
4 hrs/week
No compensation reported
Paige Nix
Treasurer
Director → Treasurer, 2023
On filings since 2022
4 hrs/week
No compensation reported
Former officers (31)
- Former: Amanda Cordonis (2024) — Director
- Former: Bob Berinato (2019–2023) — President
- Former: Chris Wooten (2019–2023) — Director
- Former: Bekah Schmidt (2021–2023) — Director
- Former: Kristina Minyard (2021–2023) — Director
- Former: Lt Gen Willie Williams (2021–2023) — Director
- Former: Stephanie M. Kelley (2022–2023) — Executive Director
- Former: Bill Marks (2019–2022) — Director
- Former: Joel Guske (2019–2022) — Director
- Former: Lillian Henderson (2019–2022) — Director
- Former: Towana Townsend (2019–2022) — Director
- Former: Bob Lott (2020–2022) — Director
- Former: Brenda Terry (2019–2021) — President
- Former: Elizabeth D. Fleming (2019–2021) — Executive Director
- Former: Kim Brown (2019–2021) — Director
- Former: Pam Barnes (2019–2021) — Director
- Former: Tammie Dodson (2019–2021) — Director
- Former: Drew Hartt (2020–2021) — Director
- Former: Dana Gillis (2021) — Director
- Former: Patricia Steele (2021) — Director
- Former: Don Nalley (2019–2020) — Director
- Former: Scott McLain (2019–2020) — Director
- Former: Taze Shepard (2019–2020) — Director
- Former: Ted Phillips (2019–2020) — Director
- Former: Willie Williams (2019–2020) — Director
- Former: Kim Ogle (2020) — Director
- Former: Kimberly Brown (2020) — Director
- Former: Andy Whitt (2019) — Director
- Former: Ashley Nichols (2019) — Director
- Former: Jan K. Ingram (2019) — Director
- Former: Melissa Elliot (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $70K, to Jeanne Greer (Executive Director).
Frequently asked questions about The Schools Foundation Inc
How much does The Schools Foundation Inc give each year?
The Schools Foundation Inc gave $76K across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is The Schools Foundation Inc?
The Schools Foundation Inc reported $1.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $631K.
What is The Schools Foundation Inc?
The Schools Foundation Inc is a public charity focused on Education, based in Huntsville, AL. It holds $1.1M in total assets as of 2025.
Where does The Schools Foundation Inc operate?
The Schools Foundation Inc has awarded grants in Alabama.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 15, 2020)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 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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