PIEDMONT EDUCATION FOUNDATION

EIN: 946426176 501(c)(3) Education

PIEDMONT, CA

Total Revenue
$4,853,304
Total Expenses
$4,831,390
Total Assets
$15,309,057
Net Assets
$15,269,469
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
CA
Principal Officer
HEATHER FRANK
Phone
5106531816
Tax Period
2024-07-01 to 2025-06-30

PIEDMONT EDUCATION FOUNDATION, founded in 1975, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024. Net assets of $15.3M represent 38 months of operating reserves.

Mission

TO PROVIDE SUSTAINED FINANCIAL SUPPORT TO PIEDMONT SCHOOLS THROUGH FUNDRAISING AND COMMUNITY ENGAGEMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,051,553
Program Service Revenue $21,116
Investment Income $498,927
Other Revenue $281,708
TOTAL REVENUE $4,853,304

Expense Breakdown

Grants Paid $4,217,956
Salaries & Benefits $306,646
Fundraising Expenses $214,385
Program Expenses $4,424,753
Other Expenses $306,788
TOTAL EXPENSES $4,831,390

Year-over-Year Comparison

2024 2023 Change
Revenue $4,853,304 $4,934,717 0.0%
Expenses $4,831,390 $4,419,285 +0.1%
Net Income $21,914 $515,432 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
5
Volunteers
110

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$165,801
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA DAVISON DEVRIES CO CHAIR 2.00
Officer Director
$0 $0 $0
DANA LUNG CO CHAIR 2.00
Officer Director
$0 $0 $0
CHAD OLCOTT VICE CHAIR 2.00
Officer Director
$0 $0 $0
BRIDGET SCHREIBER TREASURER 2.00
Officer Director
$0 $0 $0
MARCO GONZALEZ-NAVARRO SECRETARY 2.00
Officer Director
$0 $0 $0
TONYA ANTONUCCI IMMEDIATE PAST CHAIR 2.00
Director
$0 $0 $0
ADAM FISHMAN BOARD MEMBER 2.00
Director
$0 $0 $0
JADE CAMERON BOARD MEMBER 2.00
Director
$0 $0 $0
ZEENA FAKOURY BOARD MEMBER 2.00
Director
$0 $0 $0
RITA FABI BOARD MEMBER 2.00
Director
$0 $0 $0
AMELIE KAPPES BOARD MEMBER 2.00
Director
$0 $0 $0
MOLLY LLOYD BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL GROSS BOARD MEMBER 2.00
Director
$0 $0 $0
KIM HUNTER BOARD MEMBER 2.00
Director
$0 $0 $0
CATIE OSBORN BOARD MEMBER 2.00
Director
$0 $0 $0
PAT KELLER BOARD MEMBER 2.00
Director
$0 $0 $0
JUDY LIN BOARD MEMBER 2.00
Director
$0 $0 $0
DANA MURRAY BOARD MEMBER 2.00
Director
$0 $0 $0
ASHISH PATEL BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH PEARSON BOARD MEMBER 2.00
Director
$0 $0 $0
RICK RAUSHENBUSH BOARD MEMBER 2.00
Director
$0 $0 $0
JULIA RUTHVEN BOARD MEMBER 2.00
Director
$0 $0 $0
TOM SNYDER BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIE STOMBERG BOARD MEMBER 2.00
Director
$0 $0 $0
RICH THOMPSON BOARD MEMBER 2.00
Director
$0 $0 $0
NAGISA YAMAMOTO BOARD MEMBER 2.00
Director
$0 $0 $0
MAX ROMAN BOARD MEMBER (THRU DEC 2024) 2.00
Director
$0 $0 $0
HEATHER FRANK EXECUTIVE DIRECTOR 40.00
Officer
$159,034 $6,767 $165,801
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,853,304 $4,831,390 $15,309,057 $21,914
2024 No data No data No data No data
2023 $4,365,711 $4,344,291 $13,516,564 $21,420
2022 $4,571,932 $3,493,884 $12,935,136 $1,078,048
2021 $3,686,859 $3,930,418 $13,462,754 $-243,559
2020 $3,841,454 $3,708,256 $11,730,033 $133,198
2019 $4,025,037 $3,432,981 $11,262,883 $592,056
2018 $3,536,789 $2,939,098 $10,320,284 $597,691
2017 $3,378,071 $3,432,004 $9,568,791 $-53,933
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