Miami Beach Chamber Education Foundation
- Assets
- $354.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 01/2001
- Data as of
- 09/2021
- EIN
- 31-1735967
Organization Overview
Miami Beach Chamber Education Foundation is located in Miami Beach, FL. The organization was established in 2001. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami Beach Chamber Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Miami Beach Chamber Education Foundation generated $196.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $173.3k during the year ending 09/2021. While expenses have increased by 15.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Miami Beach Chamber Education Foundation has awarded 13 individual grants totaling $604,029. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE MIAMI BEACH CHAMBER OF COMMERCE'S EDUCATION FOUNDATION IS TO BRING TOGETHER THE STRENGTHS AND RESOURCES OF THE COMMUNITY TO SUPPORT THE NEEDS OF PUBLIC EDUCATION IN MIAMI BEACH. TO STIMULATE GREATER GOVERNMENTAL AND PUBLIC AWARENESS AND APPRECIATION OF THE IMPORTANCE OF PUBLIC EDUCATION IN MIAMI BEACH; TO ENCOURAGE GREATER AND MORE EFFICIENT USE OF GOVERNMENTAL AND PRIVATE RESOURCES FOR THE DEVELOPMENT AND SUPPORT OF PUBLIC EDUCATION IN MIAMI BEACH; TO ENCOURAGE AND SUPPORT PUBLIC EDUCATION IN MIAMI BEACH; TO CREATE AND SUPPORT EDUCATIONAL OPPORTUNITIES FOR RESIDENTS OF MIAMI BEACH.
Describe the Organization's Program Activity:
Part 3
THE MIAMI BEACH CHAMBER EDUCATION FOUNDATION ALSO SPEARHEADED THE SCHOOL HEALTHCARE INITIATIVE TO PROVIDE ON-SITE HEALTHCARE IN THREE MIAMI BEACH FEEDER PATTERN SCHOOLS. THE THREE SCHOOLS - RUTH K. BROAD K-8 CENTER, NORTH BEACH ELEMENTARY AND TREASURE ISLAND ELEMENTARY - PREVIOUSLY DID NOT HAVE ACCESS TO MEDICAL ATTENTION, BUT THANKS TO THE EFFORTS OF THE FOUNDATION AND THE UNPRECEDENTED COLLABORATION WITH FIVE MUNICIPALITIES AND MORE THAN A DOZEN ORGANIZATIONS, THEY NOW DO. WITH THE FUNDS RAISED, THE INITIATIVE WAS ABLE TO FULLY IMPLEMENT THE HEALTH CONNECT IN OUR SCHOOLS MODEL, CURRENTLY UTILIZED THROUGHOUT MIAMI-DADE COUNTY PUBLIC SCHOOLS BY CHILDREN'S TRUST, IN THE FEEDER PATTERN SCHOOLS. EACH SCHOOL NOW HAS A NURSE, MEDICAL ASSISTANT AND SOCIAL WORKER ON STAFF.
CURRENT COMPONENTS PROVIDED BY THE MIAMI BEACH CHAMBER'S EDUCATION FOUNDATION INCLUDE A VARIETY OF DONATIONS FOR SCHOLARSHIP FUNDS SUPPORTED BY EVENTS HOSTED THROUGHOUT THE YEAR AS WELL AS PROGRAMMING TO HELP EDUCATE THE FUTURE LEADERS OF THE COMMUNITY. PROCEEDS FROM COMMUNITY BUSINESS LEADERS WHO SUPPORT THE CHAMBER'S ANNUAL MIAMI BEACH GOLF CLASSIC AND THE ANNUAL MIAMI BEACH CHAMBER DINNER GALA & SILENT AUCTION HELP FUND PROGRAMMING COSTS FOR THE INTERNATIONAL BACCALAUREATE (IB) PROGRAMS AVAILABLE AT ALL THE PUBLIC SCHOOLS IN THE CITY OF MIAMI BEACH, A UNIQUE SCHOOL SYSTEM IN ITSELF AS THERE IS A FEEDER PATTERN PROGRAM WITH THE FIVE PUBLIC SCHOOLS ON MIAMI BEACH FEEDING INTO ONE PUBLIC HIGH SCHOOL. THE IB PROGRAM HELPS DEVELOP THE INTELLECTUAL, PERSONAL, EMOTIONAL, AND SOCIAL SKILLS OF STUDENTS FROM AGE 3 TO 19 TO LIVE, LEARN, AND WORK IN A RAPIDLY GLOBALIZING WORLD. IN ADDITION TO THIS PROGRAM, THE EDUCATION FOUNDATION IS ABLE TO PROVIDE SCHOLARSHIPS AT THE END OF EACH SCHOOL YEAR TO GRADUATING SENIORS AT MIAMI BEACH SENIOR HIGH SCHOOL.
THE MIAMI BEACH CHAMBER EDUCATION FOUNDATION ALSO SPEARHEADED THE SCHOOL HEALTHCARE INITIATIVE TO PROVIDE ON-SITE HEALTHCARE IN THREE MIAMI BEACH FEEDER PATTERN SCHOOLS. THE THREE SCHOOLS - RUTH K. BROAD K-8 CENTER, NORTH BEACH ELEMENTARY AND TREASURE ISLAND ELEMENTARY - PREVIOUSLY DID NOT HAVE ACCESS TO MEDICAL ATTENTION, BUT THANKS TO THE EFFORTS OF THE FOUNDATION AND THE UNPRECEDENTED COLLABORATION WITH FIVE MUNICIPALITIES AND MORE THAN A DOZEN ORGANIZATIONS, THEY NOW DO. WITH THE FUNDS RAISED, THE INITIATIVE WAS ABLE TO FULLY IMPLEMENT THE HEALTH CONNECT IN OUR SCHOOLS MODEL, CURRENTLY UTILIZED THROUGHOUT MIAMI-DADE COUNTY PUBLIC SCHOOLS BY CHILDREN'S TRUST, IN THE FEEDER PATTERN SCHOOLS. EACH SCHOOL NOW HAS A NURSE, MEDICAL ASSISTANT AND SOCIAL WORKER ON STAFF.
CURRENT COMPONENTS PROVIDED BY THE MIAMI BEACH CHAMBER'S EDUCATION FOUNDATION INCLUDE A VARIETY OF DONATIONS FOR SCHOLARSHIP FUNDS SUPPORTED BY EVENTS HOSTED THROUGHOUT THE YEAR AS WELL AS PROGRAMMING TO HELP EDUCATE THE FUTURE LEADERS OF THE COMMUNITY. PROCEEDS FROM COMMUNITY BUSINESS LEADERS WHO SUPPORT THE CHAMBER'S ANNUAL MIAMI BEACH GOLF CLASSIC AND THE ANNUAL MIAMI BEACH CHAMBER DINNER GALA & SILENT AUCTION HELP FUND PROGRAMMING COSTS FOR THE INTERNATIONAL BACCALAUREATE (IB) PROGRAMS AVAILABLE AT ALL THE PUBLIC SCHOOLS IN THE CITY OF MIAMI BEACH, A UNIQUE SCHOOL SYSTEM IN ITSELF AS THERE IS A FEEDER PATTERN PROGRAM WITH THE FIVE PUBLIC SCHOOLS ON MIAMI BEACH FEEDING INTO ONE PUBLIC HIGH SCHOOL. THE IB PROGRAM HELPS DEVELOP THE INTELLECTUAL, PERSONAL, EMOTIONAL, AND SOCIAL SKILLS OF STUDENTS FROM AGE 3 TO 19 TO LIVE, LEARN, AND WORK IN A RAPIDLY GLOBALIZING WORLD. IN ADDITION TO THIS PROGRAM, THE EDUCATION FOUNDATION IS ABLE TO PROVIDE SCHOLARSHIPS AT THE END OF EACH SCHOOL YEAR TO GRADUATING SENIORS AT MIAMI BEACH SENIOR HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Aleman Board Member | 0.1 | $0 | |
George Anderson Board Member | 0.1 | $0 | |
Arturo Arca Board Member | 0.1 | $0 | |
Thais Asper Board Member | 0.1 | $0 | |
Ian Bacheikov Board Member | 0.1 | $0 | |
Peggy Benua Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,217 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $196,217 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,175 |
| Total expenses | $173,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $354,602 |
| Other assets | $0 |
| Total assets | $354,602 |
| Total liabilities | $246,500 |
| Net assets or fund balances | $108,102 |
Grants Awarded
Over the last fiscal year, Miami Beach Chamber Education Foundation has awarded $350,588 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Miami, FL PURPOSE: TO FUND THE HEALTH SCHOOL NURSE INITIATIVE PROGRAM TO FUND SCHOOL NURSES AT MIAMI BEACH ELEMENTARY SCHOOLS | $146,118 |
Miami, FL PURPOSE: TO FUND THE HEALTH SCHOOL NURSE INITIATIVE PROGRAM TO FUND SCHOOL NURSES AT MIAMI BEACH ELEMENTARY SCHOOLS | $146,118 |
Miami, FL PURPOSE: TO FUND THE HEALTH SCHOOL NURSE INITIATIVE PROGRAM TO FUND SCHOOL NURSES AT MIAMI BEACH ELEMENTARY SCHOOLS | $29,176 |
Miami, FL PURPOSE: TO FUND THE HEALTH SCHOOL NURSE INITIATIVE PROGRAM TO FUND SCHOOL NURSES AT MIAMI BEACH ELEMENTARY SCHOOLS | $29,176 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Miami Beach Chamber Education Foundation has recieved totaling $17,577.
| Awarding Organization | Amount |
|---|---|
The@gretchen Beinecke Charitable Trust New York, NY PURPOSE: EDUCATIONAL | $15,000 |
Organization Name not Listed PURPOSE: DONATION FOR PROSTART MB HIGH PROGRAM | | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Access Foundation Inc Miami, FL | $8,531,083 | $32,893,719 |
Early Learning Coalition Of Floridas Heartland Inc Port Charlotte, FL | $2,212,537 | $18,405,437 |
Early Learning Coalition Of Okaloosa And Walton Counties Inc Shalimar, FL | $1,559,642 | $16,151,395 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Usf Financing Corporation Tampa, FL | $387,045,696 | $13,998,407 |
Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin Tampa, FL | $0 | -$8,161,100 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
White Hall Enrichment Advancement Team Hayneville, AL | $52,157 | $11,823,582 |
A Gift For Teaching Inc Orlando, FL | $5,328,629 | $9,022,570 |
Ninja Academy Incorporated Hollywood, FL | $2,893,530 | $10,861,940 |
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |