↑ parent cluster · ·
research dossier →

HOBART & LOTTIE FAULKNER FOUNDATION

PHOENIX, AZ · EIN 954446743 · Form 990PF · FY2022 · Small ($100K-$1M) · www.thefaulknerfoundation.com
revenue
$106K
expenses
$58K
net assets
$2.9M
employees
—
profile · synthesized from sources

The Faulkner Foundation supports youth academic achievement through scholarships and classroom programs. It provides financial assistance to high school seniors and HBCU students, particularly in South Carolina, and runs an "Adopt-a-Class" program that supplies materials and hosts essay competitions. The organization was founded by educators with decades of experience in public education.

named programs · 3 · from sources

what they call their work

Adopt-A-Class Program
Supports K-12 classrooms with three visits: distributing back-to-school supplies, hosting a mid-year essay competition, and awarding prizes to participants
HBCU Senior Academic Awards
Offers financial support to a senior Biology major at Allen University to help achieve educational goals
High School Scholarships
Provides financial assistance to deserving high school seniors at Battery Creek and Beaufort High School for college expenses
activities · 3 clusters

what they do

  • Student Essay and Art Contests 5 activities
    • Administer essay competition with student prizes
      Organizes a mid-year essay competition through the Adopt-A-Class program and awards prizes to all participating students.
    • Adopt-A-Class Program
      Operates an Adopt-A-Class program that includes at least three classroom visits per adopted class, distributing back-to-school supplies, conducting a mid-year essay competition, and awarding prizes to participating students.
    • Adopt-A-Class program implementation
      Conducts at least three classroom visits per adopted class, distributing back-to-school supplies during the first visit, hosting a mid-year essay competition during the second, and announcing winners and awarding prizes to all participating students during the third visit.
    • Implement Adopt-A-Class program with structured classroom visits
      Conducts at least three classroom visits per adopted class, distributing back-to-school supplies during the first visit, hosting a mid-year essay competition during the second, and announcing winners and awarding prizes to all participants during the third.
    • Implement Adopt-A-Class program with structured classroom visits
      Conducts at least three classroom visits per adopted class, including distribution of back-to-school supplies during the first visit, a mid-year essay competition introduced in the second visit, and announcement of winners during the third visit.
  • Merit-Based Educational Scholarships 4 activities
    • College financial assistance for students
      Provides financial assistance to support college expenses for a senior Biology major at Allen University and for deserving high school seniors at Battery Creek and Beaufort High School, including scholarships distributed to high school seniors.
    • Provide college financial assistance to high school seniors
      Offers financial support for college expenses to deserving high school seniors, specifically at Battery Creek and Beaufort High School, as well as to a senior Biology major at Allen University.
    • Provide college financial assistance to high school seniors
      Offers financial support for college expenses to deserving high school seniors, specifically at Battery Creek and Beaufort High School, as well as a senior Biology major at Allen University.
    • Scholarship Program
      Provides financial assistance and scholarships to deserving high school seniors at Battery Creek and Beaufort High School for college expenses, and to a senior Biology major at Allen University to support educational goals.
  • Back-to-School Supplies Distribution 2 activities
    • Distribute school supplies and scholarships to students
      Provides back-to-school supplies to students and awards scholarships to high school seniors as part of educational support initiatives.
    • Distribute school supplies and scholarships to students
      Provides back-to-school supplies and scholarships to students and high school seniors as part of broader educational support initiatives.
financials · form 990PF · fy2022

the money

revenue
Total revenue$106K
Contributions & grants——
Program service revenue——
Investment income$113K107%
Other revenue$-8K
expenses
Total expenses$58K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$51K
Grants paid out$167K
balance sheet
Total assets$2.90M
Cash—
Investments—
Liabilities—
Net assets$2.90M
3 years on record · 2020–2022 · YoY revenue -59.3%
leadership · form 990 part vii · fy2022

who runs it

paid leadership · 1
NameTitleHours/wkCompensation
UNION BANK Trustee 12 $51K
relationships · 3

who they work with

  • Allen University Partner — Partner institution where the foundation provides financial assistance to a senior Biology major.
  • Battery Creek High School Partner — Provides scholarships to high school seniors from this school.
  • Beaufort High School Partner — Provides scholarships to high school seniors from this school.