Public Charity

HILLSBOROUGH SCHOOLS FOUNDATION

Based in HILLSBOROUGH, CA, HILLSBOROUGH SCHOOLS FOUNDATION operates as a Public Charity. The organization reported $5.9M in revenue, $5.7M in expenses, $22.4M in total assets for fiscal year 2025. Imperigo tracks 113 reported grant relationships connected to this organization totaling approximately $8.0M.

EIN: 942634550 HILLSBOROUGH, CA Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2025
Total Revenue$5.9M
Total Expenses$5.7M
Total Assets$22.4M
Grant Records113
Funding Total$8.0M
Filing Years2021–2025

Mission

THE PRIMARY GOAL OF THE ORGANIZATION IS TO PROVIDE SUPPLEMENTARY FINANCIAL SUPPORT FOR THE PUBLIC SCHOOLS OF HILLSBOROUGH, CALIFORNIA, WHEN FUNDING FROM PUBLIC AND OTHER SOURCES IS INADEQUATE TO PROVIDE HIGH QUALITY EDUCTIONAL PROGRAMS AND OPPORTUNITIES FOR THE CHILDREN OF THE COMMUNITY. USES FOR THIS FINANCIAL SUPPORT WOULD INCLUDE, BUT NOT BE LIMITED TO, THE DEVELOPMENT AND ENHANCEMENT OF EDUCATIONAL PROGRAMS, THE PURCHASE OF BOOKS, SPECIALIZED EQUIPMENT AND OTHER ACEDEMIC MATERIALS, AND THE FUNDING OF PERSONNEL, SUCH AS CURRICULUM SPECIALISTS. AS PART OF ITS EFFORTS TO ACHIEVE THIS GOAL, THE FOUNDATION HAS ESTABLISHED AND MANAGES THE FRED SCHWARTZ ENDOWMENT FUND AS A SUPPLEMENTAL FINANCIAL RESOURCE FOR THE BENEFIT OF THE HILLSBOROUGH PUBLIC SCHOOLS.

Where $100 goes at Hillsborough Schools Foundation

How Hillsborough Schools Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$8 Management running the organization
$6 Fundraising raising the next dollar

Inside the $86 for programs

$86
Annual giving campaign is an annual fund drive to parents and community
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Alicia Isero
CO-CHAIR, PARENT CAMPAIGN Amy Reisenberg
SUPERINTENDENT Ana De Arce
PAST PRESIDENT Cindy Panchula
CO-CHAIR, AUDIT & ENDOWMENT Deepak Sarpangal
CO-CHAIR, PARENT CAMPAIGN Emily Ou

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,346,079 65 grants
Education
$2,621,554 46 grants
Arts & Culture
$21,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.9M $5.7M $22.4M
2024 $7.6M $4.7M $20.6M
2023 $5.3M $4.8M $18.4M
2022 $5.7M $4.4M $16.9M
2021 $4.5M $4.0M $18.8M

Between 2021 and 2025, reported annual revenue grew from $4.5M to $5.9M (+32%), with total assets most recently reported at $22.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HILLSBOROUGH SCHOOLS FOUNDATION

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