Lexington County School District No 1 Educational Foundation

Organization Overview

Lexington County School District No 1 Educational Foundation is located in Lexington, SC. The organization was established in 1995. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lexington County School District No 1 Educational 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 06/2021, Lexington County School District No 1 Educational Foundation generated $291.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $304.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Lexington County School District No 1 Educational Foundation has awarded 18 individual grants totaling $502,023. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION IS TO SUPPORT THE EDUCATIONAL PROCESS AND ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY RAISING AND MANAGING FUNDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELPING HANDS GRANTS OF 76,788 WERE MADE TO SUPPORT STUDENT FAMILIES AT ALL 30 SCHOOLS WHO WERE STRUGGLING DUE TO THE COVID-19 PANDEMIC.


FOUNDATION SCHOLARSHIPS EACH HAVE SEPARATE APPLICATIONS AND CRITERIA, BUT ALL FUND EDUCATIONAL EXPENSES FOR THE RECIPIENTS THAT MAY COVER HIGHER EDUCATION EXPENSES LIKE TUITION, ROOM, BOARD, OR BOOKS. CHECKS ARE WRITTEN TO STUDENT'S CHOICE COLLEGE OR UNIVERSITY AND TO THE STUDENT, SO THAT THE HIGHER EDUCATION INSTITUTION MUST CREDIT THE SCHOLARSHIP AWARD TO THE STUDENT'S COLLEGE EXPENSES. SCHOLARSHIPS OF 16,800 WERE AWARDED FOR FISCAL YEAR 2021. DORM ROOM GRANTS ARE AWARDED ANNUALLY TO LEXINGTON COUNTY SCHOOL DISTRICT ONE AND THE HIGH SCHOOLS WHO HAVE IDENTIFIED POVERTY-STRICKEN SENIORS WHO ARE PURSUING COLLEGE AND NEED ASSISTANCE WITH THE PURCHASE OF TYPICAL COLLEGE EXPENSES FOR THEIR DORM ROOMS. STUDENTS MUST COMPLETE AN APPLICATION, INCLUDING DETAILS OF THEIR FINANCIAL SITUATION, AND BE SELECTED BY A GRANT COMMITTEE TO RECEIVE A GRANT THAT CAN PURCHASE ITEMS LIKE SHEET SETS, COMFORTER, TOWELS, PILLOW, DESK LAMP, AND OTHER NEEDED ITEMS TO HELP ENSURE SUCCESS IN THEIR FUTURE PURSUITS OF HIGHER EDUCATION. 17 DORM ROOM GRANTS OF 300, TOTALING 5,100, WERE AWARDED FOR FISCAL YEAR 2021.


LEAP ASSISTANCE - FUNDS USED FROM THE LEXINGTON EMERGENCY ASSISTANCE PROGRAM ARE DESIGNATED TO A LEAP CRISIS FUND THAT OFFERS FINANCIAL AND/OR IN-KIND SERVICES TO LEXINGTON SCHOOL DISTRICT ONE PERMANENT FULL-TIME EMPLOYEES, PERMANENT PART-TIME EMPLOYEES (NOT TO INCLUDE SUBSTITUTES), AND LEXINGTON ONE STUDENTS TO ASSIST THEM DURING A CRISIS SUCH AS A SERIOUS ILLNESS, NATURAL DISASTER OR FINANCIAL HARDSHIP. THE CRISIS MUST HAVE OCCURRED WITHIN THE LAST 90 DAYS. SERVICES APPROVED AND PAID FOR THROUGH THESE RESTRICTED FUNDS COULD INCLUDE MEDICAL BILLS, UTILITIES, FOOD, CLOTHING AND OTHER EXPENSES ON THE APPROVED LIST. LEAP PAYS FUNDS DIRECTLY TO THE PLACE OF BUSINESS (I.E., DIRECTLY TO THE HOSPITAL FOR COVERING A PATIENT'S MEDICAL BILLS) AND WILL NOT AWARD CASH TO AN APPROVED INDIVIDUAL RECIPIENT. FOR THE 2020-2021 FISCAL YEAR, LEAP FUNDS EXCLUDE ANY PAYMENTS FOR HOUSING INSURANCE, VEHICLE PURCHASES/VEHICLE INSURANCE, AND SECURITY DEPOSITS. ALSO, WORKER'S COMPENSATION RECIPIENTS ARE INELIGIBLE FOR ASSISTANCE.


THE FOUNDATION'S BOARD OF DIRECTORS AWARDED 16,000 IN "BUCKS FOR BOOKS" GRANTS TO LEXINGTON COUNTY SCHOOL DISTRICT ONE TO SUPPORT EARLY LITERACY EFFORTS AND ASSIST WITH THE SC "READ TO SUCCEED" INITIATIVE. ACCORDINGLY, THE GRANT WAS DIVIDED AMONG THE 8 MIDDLE SCHOOLS IN OUR DISTRICT AND WILL HELP ENSURE THAT SC STUDENTS GRADUATE ON TIME WITH THE LITERACY SKILLS THEY NEED TO BE SUCCESSFUL IN THE FUTURE. INNOVATION GRANTS FOR FOR K-8 SCHOOLS FOR FISCAL YEAR 2021 - GRANTS OF UP TO 5,000 EACH WITH A REQUIRED 10% MATCH WERE AWARDED TO ELEMENTARY SCHOOLS FOR EDUCATIONAL PROJECTS THAT ADDRESS ONE OR MORE OF THE DISTRICT'S PATHWAYS TOWARD COLLEGE, CAREER AND CITIZENSHIP PREPAREDNESS IN INNOVATIVE WAYS. IN 2020-2021, FUNDS PROVIDED GRANTS FOR INNOVATIVE TECHNOLOGY TO INCREASE STUDENT ENGAGEMENT AND DISCUSSION, AN "IDEA LAB" PROJECT WHICH PROVIDED HANDS-ON, DESIGNED BASED LEARNING, AND OUTDOOR EQUIPMENT FOR KINDERGARTEN STUDENTS, AMONG OTHER PROJECTS. THE FOUNDATION AWARDED 15,091 IN INNOVATION GRANTS IN FISCAL YEAR 2021. ROBOTICS TEAM GRANTS WERE PROVIDED TO A NUMBER OF MIDDLE AND HIGH SCHOOLS IN ORDER TO FUND THE CREATION AND COMPETION FEES OF ROBOTICS TEAMS. THESE GRANTS SUPPORT EDUCATION THROUGH PROVIDING STUDENTS WITH OPPORTUNITIES TO APPLY S.T.E.M. LEARNING TO REAL LIFE SITUATIONS AND COMPETITIONS WITH OTHER SCHOOLS. THE GRANT PROVIDED FOR A TOTAL OF 10,000 TO BE DISBURSED AMONG PARTICIPATING SCHOOLS. MICHELIN GOLDEN APPLE TEACHER GRANTS PROVIDE GRANTS UP TO 250 EACH TO TEACHERS TO FUND CLASSROOM NEEDS THAT WOULD NOT BE AVAILABLE OTHERWISE THAT ENHANCE CREATIVITY AND LEARNING. EXAMPLES OF PROJECTS FUNDED INCLUDED LITERACY THROUGH PROJECT BASED LEARNING, CLASS BOOK CLUBS, SPECIALIZED READING SPACE AND S.T.E.M. THROUGH PLAY. THE FOUNDATION AWARDED 7,154 IN MICHELIN GOLDEN APPLE TEACHER GRANTS FOR FISCAL YEAR 2021. THE FOUNDATION PROVIDED ADDITIONAL ASSISTANCE TO LEXINGTON COUNTY SCHOOL DISTRICT ONE FOR VARIOUS PROGRAMS TOTALING 14,500 FOR FISCAL YEAR 2021. OTHER PROGRAM SERVICES FOR FISCAL YEAR 2021 TOTALED 65,513. THESE REPRESENT SALARIES AND BENEFITS OF 43,202, SUPPLIES OF 9,848, PURCHASED SERVICES OF 4,115 AND OTHER OBJECTS OF 8,348.


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Board, Officers & Key Employees

Name (title)Compensation
Mrs Rosemary L Wilson
Chairman
$0
Mr Robert C Rice
Vice Chair
$0
Mr Simeon M Bryant
Immediate Pa
$0
Mrs Lisa M Phillips
Secretary/tr
$0
Dr Gregory D Little
Superintende
$0
Name Not Listed
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$202,496
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$202,496
Total Program Service Revenue$31,950
Investment income $48,813
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $290,973

Grants Awarded

Over the last fiscal year, Lexington County School District No 1 Educational Foundation has awarded $125,378 in support to 5 organizations.

Grant RecipientAmount

LEXINGTON COUNTY SCHOOL DISTRICT 1

PURPOSE: HELPING HANDS GRANTS

$76,788

LEXINGTON COUNTY SCHOOL DISTRICT 1

PURPOSE: BUCKS FOR BOOKS

$16,000

LEXINGTON COUNTY SCHOOL DISTRICT 1

PURPOSE: INNOVATION

$15,090

LEXINGTON COUNTY SCHOOL DISTRICT 1

PURPOSE: ROBOTICS GRANT

$10,000

LEXINGTON COUNTY SCHOOL DISTRICT 1

PURPOSE: PHARMACOLOGY GRANTS

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lexington County School District No 1 Educational Foundation has recieved totaling $500.

Awarding OrganizationAmount
Dominion Energy Charitable Foundation

Richmond, VA

PURPOSE: LEXINGTON ONE EDUCATIONAL FOUNDATION CELEBRATIONS FOR EDUCATION

$500
View Grant Recipient Profile

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