Fwcs Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Its primary purpose is to generate and distribute financial resources to and for Fort Wayne Community Schools, a public school corporation, in support of its mission and vision.
- Income
- $1.3 million
- Spending
- $880,977
- Spent on programs
- 100%
- Reserves
- 0.1 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 0
- Volunteers
- 11
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 69 out of 100.
Reserves
4 of 35Spendable reserves would cover 0.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 32% of income.
Income trend
15 of 15Income rose 456% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100.
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (11)
- $105,964 spent. Expenses associated with an Early Learning Center that FWCS is planning to build with donations. The expenses in 2025 were for professional services associated with branding, videos/photography, and the campaign concept. Donations for the Early Learning Center were used for the expenses.
- $611,589 spent. We received a donation from the Don Wood Foundation (80 20 Foundation Trust) to pass through to FWCS for a Smart Manufacturing Pathways program at South Side and North Side. The donation was $622,027 in 2025 and we passed on to FWCS $611,589. The balance is being held for 2026.
- $108,121 spent. We gave Fort Wayne Community Schools $108,121 to (1) purchase and refurbish musical instruments for 5th grade and middle school students use, and (2) provide supplemental school year and summer band instruction for students.
- $2,500 spent. We received a donation for Brentwood Elementary for $2,500. We passed it on to Fort Wayne Community Schools.
- $32,250 spent. We received a $32,500 donation for robotics programming at 4 high schools. We passed it on to Fort Wayne Community Schools.
- $150 spent. We received a $500 donation for Ignited sponsorship. We passed it on to Fort Wayne Community Schools.
- $7,500 spent. We received $7,500 in donations for the Foundry Pitch Competition sponsorship. We passed it on to Fort Wayne Community Schools.
- $5,000 spent. We received a $5000 donation in 2024 for a program run by Greater Fort Wayne, Inc. We passed it on to Greater Fort Wayne, Inc.
- $3,955 spent. We received a $3,955 donation for Amp Lab summer camp. We passed it on to Fort Wayne Community Schools.
- $1,000 spent. We received a $1000 donation for Study Connection. We passed it on to Fort Wayne Community Schools.
- $500 spent. We received a $500 donation for Wayne HS. We passed it on to Fort Wayne Community Schools.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Ab Foundation (Washington, DC), EIN 27-5278038. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.