Hillsborough Education Foundation
Hillsborough Education Foundation reported $11.7 million in revenue and $11.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.67 went to program services, $3.81 to management and general costs and $3.52 to fundraising. Its largest source of revenue was contributions and grants: 94.8% of the total. Government grants made up 13.0%. The highest compensation it reported for one person was $188,307 (President, CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 55% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M- Contributions & grants (non-government)$81.23 $9.5M
- Government grants$12.88 $1.5M
- Program service revenue$1.74 $205K
- Investment income$4.15 $487K
Other revenue was negative: −$84,109. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 13.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $188,307 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.70% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 29 of 30 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseOur Teaching Tools program provides critical school supplies and classroom resources year-round to teachers in all schools. Teaching Tools is a real brick and mortar store primarily stocked through donations of school supplies from individuals and businesses where teachers shop for free school supplies to distribute to students in need. With the help of volunteers who gave over 3,976 hours, Teaching Tools provided support to 3,344 unique teachers in Hillsborough County
As an affiliate of the statewide Take Stock in Children program, students at or below poverty level along with other risk factors are provided with a mentor, college readiness coach and the commitment of a college scholarship. During the 2024-2025 school year, 314 students participated in the Take Stock program. For the 2025 senior class, 64 of 65 Take Stock students in the mentoring program graduated and 61 earned their scholarship - these scholarships had a value of over $521,994. In addition to the TSIC program, HEF also awards community scholarships and 392 students received over $1.1M in…
Through school and classroom enrichment grants the foundation provides funding for schools and teachers to increase their capacity to deliver effective and innovative instructional strategies that enhance and expand learning. The foundation awarded grants to support STEM, literacy, English language arts and other educational areas impacting students at over 110 schools
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President, CEO Director/trustee, officer, 40.00 hrs/week | $182,090 | $0 | $6,217 | $188,307 |
1 people received more than $100,000 in reportable compensation from Hillsborough Education Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $182K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b30 · 29 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 543
- Volunteers Part I, line 61,174
Private foundation grants it received
14 private foundations reported grants to Hillsborough Education Foundation totaling $491K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Hillsborough Education Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hillsborough Education Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hillsborough Education Foundation spent in FY2025, $92.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Institute for Native Pacific Education and CultureKapolei, HI · revenue $12M · programs 82.6% · 2024
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- Creo College Preparatory Charter SchoolBronx, NY · revenue $12M · programs 88.5% · FY2025
- Extension FoundationKansas City, MO · revenue $12M · programs 94.8% · 2024
- Roosevelt Preparatory AcademyPhoenix, AZ · revenue $12M · programs 85.7% · FY2025
Questions people ask
How much of Hillsborough Education Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Hillsborough Education Foundation reported that 92.7% of its $11.1 million in expenses went to program services, 3.8% to management and general and 3.5% to fundraising (Form 990, Part IX).
How much does Hillsborough Education Foundation pay its top executive?
The largest total compensation Hillsborough Education Foundation reported for one person in the fiscal year ending June 30, 2025 was $188,307, for the role of President, CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hillsborough Education Foundation get its money?
Of $11.7 million in revenue in the fiscal year ending June 30, 2025, 94.8% came from contributions and grants (including 13.0% from government grants) and 1.8% from program service revenue (Form 990, Part VIII).
Is Hillsborough Education Foundation a registered charity?
The IRS lists EIN 59-2883361 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640369349301659 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500439349301425 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303129349303235 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213209349301901 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113159349302711 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043429349300234 · read the filing
All filings for EIN 59-2883361: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.