Give.org logo
Support Give.org
Support Give.org
CHARITY REVIEW
Issued: December 2024 Expires: December 2025

Today & Tomorrow Educational Foundation

Unable to Verify
Unable to Verify
6 7
(314) 792-7622
20 Archbishop May Dr
Saint Louis, MO, 63119-5738
https://ttef-stl.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 6, 7

Today & Tomorrow Educational Foundation meets the remaining 18 Standards for Charity Accountability.

Stated Purpose:
The Today and Tomorrow Educational Foundation – following the example of Jesus Christ in His service to those in need – assists faith based and private elementary schools in providing quality, affordable and accessible educational opportunities for any economically disadvantaged family within the St. Louis Region by generating financial assistance in the form of scholarships from local and national funding sources.

Year, State Incorporated:
1993, MO

The Today and Tomorrow Educational Foundation (TTEF) was founded in 1991 as a 501(c)(3) organization by a concerned group of corporate and civic leaders. It has grown into largest elementary school scholarship organization in the state of Missouri and the 4th largest of its kind in the United States. Since its founding, TTEF has raised more than $200 million from local and national funding sources to provide need-based tuition assistance scholarships. This support has enabled thousands of St. Louis children the opportunity to attend the school which will allow them to achieve their full potential. 
Today, TTEF provides need-based, tuition assistance scholarships to any eligible family in St. Louis and the surrounding counties who desires to offer their Kindergarten through 8th grade child(ren) a private or parochial elementary school education.

For the year ended June 30, 2023, Today & Tomorrow Educational Foundation's program expenses were:

Programs $11,520,835
Total Program Expenses $11,520,835

Chief Executive
Julie Scott Soffner, Executive Director

Chair of the Board
Michael Dierberg, President

Chair's Profession / Business Affiliation
First Bank

Board Size
17

Paid Staff Size
9

Method(s) Used:
Direct mail appeals, Telemarketing, Door-to-door solicitation, Special events, Grant proposals, Internet, Radio

% of Related Contributions on Fundraising: 9.84%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Today & Tomorrow Educational Foundation's audited financial statements for the year ended June 30, 2023.

Source of Funds
Investment Income $95,137
Fees and Services $5,200,804
Contributions, Pledges, Bequests and Grants $7,211,200
Total Income $12,507,141

Programs: 91% Fundraising: 6% Administrative: 3%

Total Income $12,507,141
Total expenses: $12,665,238
  Program expenses $11,520,835
  Fundraising expenses $709,254
  Administrative expenses $435,149
  Other expenses $0
Income in Excess of Expenses $-158,097
Beginning Net Assets $18,624,969
Other Changes In Net Assets $0
Ending Net Assets $18,466,872
Total Liabilities $7,442,666
Total Assets $18,783,065

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB of Eastern & Southwest Missouri & Southern Illinois