Fiscal year ending 2022. Filed on May 15, 2023.
300 El Cerrito Avenue
Hillsborough, California 94010
Hillsborough Schools Foundation (EIN: 94-2634550) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2022 IRS Form 990 filing, Hillsborough Schools Foundation, a 501(c)(3) charitable organization, reported compensation for 2 out of 4 total employees. Among the employees shown here, the average compensation is $149,440. The highest compensated employee at Hillsborough Schools Foundation is Cynthia Foster Termed 32022 with fiscal year 2022 compensation of $149,440.
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THE PRIMARY GOAL OF THE ORGANIZATION IS TO PROVIDE SUPPLEMENTARY FINANCIAL SUPPORT FOR THE PUBLIC SCHOOLS OF HILLSBOROUGH, CALIFORNIA, WHEN FUNDING FROM PUBLIC AND OTHER SOURCES IS INADEQUATE TO PROVIDE HIGH QUALITY EDUCATIONAL PROGRAMS AND OPPORTUNITIES FOR THE CHILDREN OF THE COMMUNITY. USES FOR THIS FINANCIAL SUPPORT WOULD INCLUDE, BUT NOT BE LIMITED TO, THE DEVELOPMENT AND ENHANCEMENT OF EDUCATIONAL PROGRAMS, THE PURCHASE OF BOOKS, SPECIALIZED EQUIPMENT AND OTHER ACADEMIC MATERIALS, AND THE FUNDING OF PERSONNEL, SUCH AS CURRICULUM SPECIALISTS. AS PART OF ITS EFFORTS TO ACHEIVE THIS GOAL, THE FOUNDATION HAS ESTABLISHED AND MANAGES THE FRED SCHWARTZ ENDOWMENT FUND AS A SUPPLEMENTAL FINANCIAL RESOURCE FOR THE BENEFIT OF THE HILLSBOROUGH PUBLIC SCHOOLS.
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