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ARIZONA EPISCOPAL SCHOOLS FOUNDATION

TUCSON, AZ · EIN 860973130 · Form 990 · FY2021 · NTEE B82 · Education · Medium ($1M-$10M) · az-esf.org
revenue
$1.5M
expenses
$1.7M
net assets
$2.5M
employees
0
volunteers
10
program ratio
94%
mission · from form 990

TO FUNCTION AS A SCHOOL TUITION ORGANIZATION IN ACCORDANCE WITH ARIZONA REVISED STATUTES SECTION 43-1089.

profile · synthesized from sources

The Arizona Episcopal Schools Foundation (AESF) is a qualified School Tuition Organization that provides scholarships to students attending Episcopal private schools in Arizona. It facilitates academic, social, and spiritual development by distributing funds generated through Arizona's individual and corporate tax credit programs to eligible students, with a focus on those from diverse and low-income families.

named programs · 3 · from sources

what they call their work

Corporate Scholarship/Grant
Provides scholarships to students from families meeting specific income limitations (up to 185% of poverty level) and other criteria, funded by corporate tax credit contributions.
Original Individual Scholarship/Grant
Provides scholarships to students based on general eligibility criteria, including for preschool students with disabilities.
Switcher Individual Scholarship/Grant
Provides scholarships to students who have previously received other scholarships, participated in ESA, moved from out of state, were homeschooled, are dependents of armed forces members, or are enrolling in private preschool/kindergarten.
activities · 1 cluster

what they do

  • Private School Tuition Tax Credit Scholarships 5 activities
    • Administers scholarship and grant programs for students at Arizona Episcopal schools
      Offers and manages multiple scholarship and grant programs, including Original Individual, Switcher Individual, and Corporate Scholarships, to support students attending Episcopal schools in Arizona. Programs serve various eligible groups, including low-income families, students with disabilities, military dependents, and those transitioning from public or homeschool settings.
    • Corporate Scholarships/Grants
      Offers Corporate Scholarships/Grants for students from families whose income does not exceed 185% of the income required for reduced-price lunches, provided they meet additional criteria such as prior scholarship receipt, moving from out of state, homeschooling, military dependency, or transferring from a public school.
    • Original Individual Scholarships/Grants
      Offers Original Individual Scholarships/Grants to students, including preschool students with disabilities who have an MET or IEP from an Arizona public school.
    • Scholarship Program for Episcopal Schools
      Provides grants and scholarships to support students attending Episcopal schools in Arizona, distributing over $25.05 million in scholarships since 1999. These scholarships are funded through corporate tax credits and are based on family income eligibility defined by the Arizona Department of Revenue.
    • Switcher Individual Scholarships/Grants
      Provides Switcher Individual Scholarships/Grants for students who meet specific criteria, such as having previously received certain scholarships, moving to Arizona from out of state, being homeschooled, being a dependent of an armed forces member stationed in Arizona, enrolling in private preschool for students with disabilities, enrolling in private school kindergarten, or transferring from an Arizona public school to a private school.
financials · form 990 · fy2021

the money

revenue
Total revenue$1.54M
Contributions & grants$1.54M100%
Program service revenue$00%
Investment income$2K0%
Other revenue$0
expenses
Total expenses$1.69M
Program expenses94%
Admin / overhead5%
Fundraising1%
Salaries & benefits$0
Grants paid out$1.59M
Largest expense lineProfessional Fees
balance sheet
Total assets$2.49M
Cash$2.49M
Investments$0
Liabilities$0
Net assets$2.49M
Liquid reserves17.7 mo
3 years on record · 2019–2021 · YoY revenue -2.8%
leadership · form 990 part vii · fy2021

who runs it

board members · 10
  • BRENDAN SULLIVAN — TREASURER
  • CAMERON TAYLOR — PRESIDENT
  • CHARMAINE LANG — DIRECTOR
  • EMMA WHITMAN — SECRETARY
  • JENN CORNDER — DIRECTOR
  • KIM WESTFALL — VICE PRESIDENT
  • STEPHANY ELSTON — DIRECTOR
  • TIMOTHY QUICK — DIRECTOR
  • VERONICA CARRILLO — DIRECTOR
  • WENDY GRANIER — DIRECTOR
relationships · 15

who they work with

  • AESF member SCHOOL Partner — Member schools submit funding requests and applications on behalf of students
  • All Saints Episcopal School Partner — Member school supported by the Arizona Episcopal Schools Foundation
  • All Saints’ Episcopal Day School Partner — Member school offering pre-kindergarten through eighth grade education in Phoenix.
  • All Saints’ Episcopal Day School Partner — The Arizona Episcopal Schools Foundation lists All Saints' Episcopal Day School as a member school.
  • Arizona Department of Revenue Government — Defines family income eligibility requirements for AESF tax credit scholarships.
  • Arizona Department of Revenue Government — Determines annual maximum tax credits and certifies the organization as a School Tuition Organization (STO).
  • Arizona Department of Revenue Government — Responsible for approving corporate contributions to AESF for tax credit eligibility under A.R.S. Section 43-1183.
  • Christ Church School Partner — Member school offering pre-school through fourth grade education in Paradise Valley.
  • Christ Church School Partner — Member school supported by the Arizona Episcopal Schools Foundation
  • Imago Dei Middle School Partner — Member middle school for children from low-income families in Tucson.
  • Imago Dei Middle School Partner — Member school supported by the Arizona Episcopal Schools Foundation
  • St. Michael's Parish Day School Partner — Member school supported by the Arizona Episcopal Schools Foundation
  • St. Michael’s Day School Partner — Member school offering kindergarten through eighth grade education in Tucson.
  • St. Peter's Episcopal Montessori School Partner — Member school supported by the Arizona Episcopal Schools Foundation
  • St. Peter’s Montessori School Partner — Member school offering primary and elementary education for children aged 2 1/2 to 12 years in Litchfield Park.