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Virginia · Nonprofit

RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC

RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC (Virginia) receives grants from 29 organizations whose IRS filings report $8,755,918 to it, the largest being JEWISH COMMUNAL FUND ($3,250,000). 12 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.7M
Funders on record
29
Grants received
$8.8M
Net assets
$3.5M
12/29 repeat funderspeak grant-dependency 74%
01What it does

What Richmond Public Schools Education Foundation Inc does

Mission

Rpsef supports teaching and learning inside richmond public schools that are not already covered by existing public funding. The foundation focuses in three areas; student success, teaching innovation and college and career readiness.

As stated on its FY2025 Form 990.

Programs

  1. Early literacy: the richmond ed fund invested in implementing evidence-based early literacy instruction across richmond public schools by supporting the science of reading approach through ufli and providing ongoing professional development for all k2 teachers, led by literacy coaches. As virginia transitioned from the phonological awareness literacy screening (pals) to the virginia language & literacy screening system (vallss), richmond public schools achieved a 14-point growth in early literacy outcomes in fy25. These investments strengthen foundational reading skills, which are closely linked to long-term academic success, graduation rates, and workforce readiness, reducing future remediation costs, improving the return on public education investments, and strengthening the region's long-term talent pipeline.

    $650,937 spent
    14% of program spending
  2. Rps200: the richmond ed fund continued supporting rps200, an extended learning time initiative aimed at accelerating academic progress for students who benefit most from extra instruction and enrichment. By increasing learning time without needing significant new infrastructure, the initiative maximizes the use of existing school resources while achieving notable academic gains for participating students. This approach enhances skill development, ensures on-time grade progression, and improves long-term workforce readiness, thereby increasing the overall return on public education investments and helping build a stronger, more dependable future workforce for the richmond region.

    $85,000 spent
    2% of program spending
  3. Rps leads: the richmond ed fund supported rps leads, a yearlong leadership development program designed to prepare assistant principals and new principals to become highly effective school leaders across richmond public schools. Participants engaged in intensive professional learning and coaching aligned with district priorities, resulting in 100% retention of cohort members and two promotions to expanded leadership roles. Investments in leadership development strengthen school performance, improve teacher retention, and reduce costly leadership turnover, ensuring stronger instructional environments and increasing the long-term return on public education investments through more stable and effective school leadership.

    $3,943,483 spent
    84% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,679,420.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($626k) Expenses 100 ($1.2M) Net assets 100 ($882k)2018 Revenue 174 ($1.1M) Expenses 82 ($945k) Net assets 143 ($1.3M)2019 Revenue 218 ($1.4M) Expenses 104 ($1.2M) Net assets 162 ($1.4M)2020 Revenue 221 ($1.4M) Expenses 172 ($2.0M) Net assets 94 ($834k)2021 Revenue 135 ($847k) Expenses 88 ($1.0M) Net assets 75 ($664k)2022 Revenue 187 ($1.2M) Expenses 39 ($450k) Net assets 157 ($1.4M)2023 Revenue 181 ($1.1M) Expenses 76 ($874k) Net assets 186 ($1.6M)2024 Revenue 559 ($3.5M) Expenses 112 ($1.3M) Net assets 436 ($3.8M)2025 Revenue 749 ($4.7M) Expenses 437 ($5.0M) Net assets 395 ($3.5M)
'17'18'19'20'21'22'23'24'25
Revenue (749)Expenses (437)Net assets (395)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.7M to $4.0M (+137%).

$924k
$1.3M
$1.5M
$996k
$667k
$1.4M
$1.7M
$4.0M
$4.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 33% · 2018 29% · 2019 28% · 2020 13% · 2021 12%. Grants only. Government contracts and fees sit inside program revenue.

100% of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$529k
’17
$143k
’18
$169k
’19
−$599k
’20
−$170k
’21
$721k
’22
$257k
’23
$2.2M
’24
−$360k
’25
10
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Taikein Cooper

CEO

Board chair

David Mills

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141415131111141314
Joined·+4+4+3+1+0+11+0+1
No longer listed·43530810
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 8 funders, grant income rose $119k → $168k.

10 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 81% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC leans on a few funders — its largest provides 37% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC.

37%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2017 63% · 2018 72% · 2019 47% · 2020 37% · 2021 70% · 2022 37% · 2023 49% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC's funders are still giving 3 years after their first grant; 41% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

81% of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.7M that is directly attributable, 77% of it comes from Virginia funders.

NY
OH
NJ
VA
DE
NC
DC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $7.1M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve10.1mo · top quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 3%Fundraising 4%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

42%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC (Virginia) receives grants from 29 organizations whose IRS filings report $8,755,918 to it, the largest being JEWISH COMMUNAL FUND ($3,250,000). 12 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC have?
IRS filings report 29 organizations giving $8,755,918 in grants to RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC, 12 of which have funded it in more than one year.
Who is the largest funder of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
JEWISH COMMUNAL FUND is the largest funder on record, with $3,250,000 in grants. The full list of funders is on this page.
How can an organization like RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 29 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing