Ponaganset Education Foundation

“The Foundation's income comes primarily from two sources: Fundraising (annual Golf Tournament and annual Wine & Dine events) and an annual donation from the Battle Family Foundation of Berkeley, CA. Skip Battle is from the First graduating class of Ponaganset High School. The Battle Family Foundation, which is by far our largest annual donation, allows the foundation to award annual scholarships to graduates of Ponaganset High School who plan to attend college or trade school. The scholarships are aimed towards students who are of the first generation in their families to continue with post-secondary education. We receive no funding from government agencies (local, state, or federal). Members of our board of directors are all unpaid volunteers.”

“Two types of scholarships: a) $4000 per year for years 1-4 and b) $500 per year for years 1-2 and $2000 per year for years 3-4. For 2024 we paid $46,500 in student scholarships. Although we granted Teacher Grants, none were paid in 2024.”

“Description;Amount^Wire Transfer Bank Fee;12|Paypal fees on General Donations;35|Glocester Business Association Membership Renewal;60|Office Supplies;177|USPS Post Office Box Fee;188|RI SOS annual filing fee;22|IRS 990 EZ filing fee;41|GBA Membership Dinner Annual Meeting ticket;38|Check order;87|Email website subscription;194|Bank fee dormant account;10^Total;864^”

“Description;Amount^Student scholarships awarded but not yet paid;-130500|Teacher grants awarded but not yet paid;-6380^Total;-136880^”

“Description;EOY Amount^Student Scholarships awarded that still need to be paid;130500|Teacher Grants awarded that still need to be paid;6380^Total;136880^”