Pinellas County Education Foundation Inc

Organization Overview

Pinellas County Education Foundation Inc is located in Largo, FL. The organization was established in 1986. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, Pinellas County Education Foundation Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinellas County Education Foundation Inc 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, Pinellas County Education Foundation Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $9.3m during the year ending 06/2021. While expenses have increased by 7.1% 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, Pinellas County Education Foundation Inc has awarded 42 individual grants totaling $4,303,914. 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

TO ACCELERATE EDUCATIONAL ACHIEVEMENT FOR ALL STUDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

K-12 EDUCATIONAL INITIATIVES:CLASSROOM GRANTS: EACH YEAR, OVER A HUNDRED THOUSAND DOLLARS IN GRANTS ARE AWARDED TO CLASSROOM TEACHERS TO CREATE PROGRAMS THAT ARE DESIGNED TO ENHANCE THE CLASSROOM LEARNING EXPERIENCE AND POSITIVELY AFFECT THEIR STUDENTS. GRANTS RANGE FROM A VARIETY OF STEM MATERIALS, LITERACY SUPPORT, GENDER DIFFERENTIATED STUDIES ITEMS, AND MUCH MORE.(CONTINUED ON SCHEDULE O)ELEVATING EXCELLENCE:ELEVATING EXCELLENCE PROVIDES HIGH-ACHIEVING STUDENTS AND THEIR FAMILIES WITH A PERSONALIZED PATH TO COLLEGE SUCCESS AND INCLUDES HIGHLY EFFECTIVE PSAT/SAT PREPARATION, INDIVIDUALIZED ACADEMIC COUNSELING THAT INVOLVES THE PARENT(S)/GUARDIAN AND INDIVIDUALIZED COLLEGE AND SCHOLARSHIP PLANNING AND SUPPORT THAT INCLUDES THE PARENT(S)/GUARDIAN. THE FOUNDATION'S FOCUS WITH ELEVATING EXCELLENCE WILL BE ON A TARGET POPULATION OF 1,000 LOW INCOME AND MINORITY STUDENTS WHO ARE 100-150 POINTS AWAY FROM QUALIFYING FOR BRIGHT FUTURES.AN EXCITING INITIATIVE UNDER THE ELEVATING EXCELLENCE PROGRAM IS THE CREATION OF THE COLLEGE AND CAREER CENTERS AT HIGH SCHOOLS IN OUR DISTRICT. THE COLLEGE AND CAREER CENTERS ARE THE HUB OF INFORMATION AND SUPPORT FOR STUDENTS AND FAMILIES. WORKING IN COLLABORATION WITH SCHOOL COUNSELORS, THE COLLEGE AND CAREER CENTER TEAMS PROVIDE INDIVIDUALIZED AND TARGETED ASSISTANCE TO NAVIGATE THE COLLEGE-GOING PROCESS. THE CENTERS ARE CURRENTLY IN NINE HIGH SCHOOLS AND WILL CONTINUE TO GROW EACH YEAR UNTIL ALL OF THE TRADITIONAL HIGH SCHOOLS IN THE DISTRICT HAVE A CENTER ESTABLISHED. READING RECOVERY IS A HIGHLY EFFECTIVE SHORT-TERM INTERVENTION OF ONE-TO-ONE TUTORING FOR LOW-ACHIEVING FIRST GRADERS. READING RECOVERY SERVES THE LOWEST-ACHIEVING FIRST GRADERS THE STUDENTS WHO ARE NOT CATCHING ON TO THE COMPLEX SET OF CONCEPTS THAT MAKE READING AND WRITING POSSIBLE. IN A READING RECOVERY SCHOOL, 15 TO 20% OF 1ST GRADE STUDENTS WILL RECEIVE THE INTERVENTION BASED ON A READING PERFORMANCE OVER THE COURSE OF THE SCHOOL YEAR. READING RECOVERY IS CURRENTLY IN 14 SCHOOLS THAT HAVE SOME OF THE LOWEST READING ASSESSMENT SCORES IN THE DISTRICT. INDIVIDUAL STUDENTS RECEIVE A HALF-HOUR LESSON EACH SCHOOL DAY FOR 12 TO 20 WEEKS WITH A SPECIALLY TRAINED READING RECOVERY TEACHER. AS SOON AS STUDENTS CAN MEET GRADE-LEVEL EXPECTATIONS AND DEMONSTRATE THAT THEY CAN CONTINUE TO WORK INDEPENDENTLY IN THE CLASSROOM, THEIR LESSONS ARE DISCONTINUED, AND NEW STUDENTS BEGIN INDIVIDUAL INSTRUCTION. READING RECOVERY TEACHERS WORK WITH FOUR OR FIVE INDIVIDUAL STUDENTS EACH DAY AND THEN CONDUCT SMALL READING GROUPS WITHIN EXISTING 1ST GRADE CLASSROOMS WITH ADDITIONAL STUDENTS.THE ACADEMIES OF PINELLAS PROGRAM IS A COMMUNITY-WIDE INITIATIVE AIMED AT ENHANCING THE HIGH SCHOOL EDUCATIONAL EXPERIENCE BY PROVIDING AN OPPORTUNITY FOR STUDENTS IN EVERY HIGH SCHOOL TO PREPARE FOR COLLEGE WHILE, AT THE SAME TIME, PURSUING INDUSTRY-RECOGNIZED CAREER CERTIFICATIONS. THE FOUNDATION IS PASSIONATELY COMMITTED TO PROVIDING ALL STUDENTS WITH THE OPPORTUNITY TO BE SUCCESSFUL. IT IS OUR BELIEF THAT WE MUST HAVE A SUPERIOR EDUCATIONAL SYSTEM TO ENSURE THAT OUR SCHOOL CHILDREN REMAIN COMPETITIVE IN AN INCREASINGLY GLOBAL MARKETPLACE. INVOLVING THE PRIVATE SECTOR IN OUR EFFORTS TO IMPROVE EDUCATION IS VITAL TO OUR SUCCESS.YOUTH CONNECT:THE YOUTH CONNECT PROGRAM PROVIDES GUIDANCE, SUPPORT, FINANCIAL ASSISTANCE WITH VOCATIONAL AND ACADEMIC TRAINING, WORK READINESS AND JOB PLACEMENT SERVICES TO LOW INCOME YOUTH (AGES 16-24). SINCE INCEPTION (JULY 2007) THIS PROGRAM HAS SERVED MORE THAN 3,400 STUDENTS. STUDENTS ENROLLED MAY ALSO BE ELIGIBLE FOR THE FRANCES STAVROS CAREER TECHNICAL EDUCATION SCHOLARSHIP. THIS SCHOLARSHIP MAY PROVIDE UP TO $2,500 IN EDUCATION FUNDS ALLOWING STUDENTS AN OPPORTUNITY TO ATTEND VOCATIONAL OR POST-SECONDARY INSTITUTIONS.NEXT GENERATION ENTREPRENEURS:THE NEXT GENERATION ENTREPRENEURS PROGRAM IS OPEN TO ALL PINELLAS HIGH SCHOOL STUDENTS. THIS OPPORTUNITY ALLOWS STUDENTS TO START NEW BUSINESSES, BRING AN INNOVATIVE IDEA TO MARKET WHILE WORKING WITH BUSINESS COMMUNITY MENTORS. THE PROGRAM EMPHASIZES ADDING VALUE TO PEOPLE'S LIVES AND THE STEPS INVOLVED TO BEING A SUCCESSFUL ENTREPRENEUR.


TAKE STOCK IN CHILDREN (TSIC) IS A LONG-TERM INITIATIVE THAT AWARDS LOW-INCOME 6-9TH GRADERS WITH A COLLEGE SCHOLARSHIP AT HIGH SCHOOL GRADUATION, PAIRS THEM WITH A CARING MENTOR AND CONNECTS THEM TO COLLEGE AND CAREER COUNSELING AND SUPPORTS. BY MAINTAINING AT LEAST A "C" IN ALL CLASSES, MEETING WITH THEIR MENTOR, REMAINING DRUG AND CRIME FREE, ATTENDING COLLEGE SUCCESS PLANNING MEETINGS AND GRADUATING FROM HIGH SCHOOL, STUDENTS EARN THEIR SCHOLARSHIPS.SINCE ITS INCEPTION, TSIC HAS MAINTAINED HIGH SCHOOL GRADUATION RATE OF 96% OR HIGHER. THE PROGRAM BROUGHT IN 240 NEW STUDENTS AND 210 TSIC SCHOLARS GRADUATED FROM HIGH SCHOOL IN 2020-2021.


STUDENT SCHOLARSHIPS:THIS PROGRAM PROVIDES MORE THAN 100 DIFFERENT COLLEGE SCHOLARSHIPS TO HIGH SCHOOL SENIORS THROUGHOUT PINELLAS COUNTY. THE SCHOLARSHIPS ARE AS VARIED AS THE SPONSORS WHO FUND THEM. DONORS CHOOSE THEIR CRITERIA AND FOCUS AREAS SUCH AS SPECIFIC MAJORS, VOLUNTEER HOURS, ACADEMIC ACHIEVEMENT, SPORTS, OR FINANCIAL NEED. STUDENTS APPLY FOR THESE SCHOLARSHIPS THROUGH THE FOUNDATION'S WEBSITE WHEREBY ONE APPLICATION RUNS THROUGH A SORTING PROCESS FOR ALL OF THE AVAILABLE SCHOLARSHIP FUNDS. SCHOLARSHIPS MAY BE EITHER ONE-TIME AWARDS OR RENEWABLE SCHOLARSHIPS FOR STUDENTS WHO CONTINUE TO MEET THE SCHOLARSHIP QUALIFICATIONS THROUGHOUT COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Stacy Baier
CEO
$216,980
Kathleen Mendoza
Controller (1/1/20-7/3/20)
$50,011
Stephanie Smith
Controller (7/3/20-9/3/21)
$24,731
Charles Harris
Chairman
$0
Tash Elwyn
Vice Chairman
$0
Robert Byelick
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$57,320
Related organizations$0
Government grants $2,337,362
All other contributions, gifts, grants, and similar amounts not included above$4,662,175
Noncash contributions included in lines 1a–1f $2,045,850
Total Revenue from Contributions, Gifts, Grants & Similar$7,056,857
Total Program Service Revenue$0
Investment income $348,916
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $689,936
Net Income from Fundraising Events -$13,350
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,082,359

Grants Awarded

Over the last fiscal year, Pinellas County Education Foundation Inc has awarded $3,314,234 in support to 10 organizations.

Grant RecipientAmount

PINELLAS COUNTY SCHOOLS

PURPOSE: CLASSROOM & SCHOOL GRANTS (SEE PROGRAM SERVICE DESCRIPTIONS)

$3,247,734

JUNIOR ACHIEVEMENT OF TAMPA BAY

Org PageRecipient Profile

Tampa, FL

PURPOSE: PROGRAM SUPPORT (SEE PROGRAM SERVICE DESCRIPTIONS)

$12,500

PINELLAS COUNTY SHERIFFS OFFICE FOUNDATION INC

Org PageRecipient Profile

Largo, FL

PURPOSE: PROGRAM SUPPORT (SEE PROGRAM SERVICE DESCRIPTIONS)

$10,000

ELISA NELSON ELEMENTARY

PURPOSE: PROGRAM SUPPORT (SEE PROGRAM SERVICE DESCRIPTIONS)

$10,000

MAKE A WISH FOUNDATION OF CENTRAL AND NORTHERN FLORIDA INC

Org PageRecipient Profile

Maitland, FL

PURPOSE: PROGRAM SUPPORT (SEE PROGRAM SERVICE DESCRIPTIONS)

$8,000

SUNCOAST ANIMAL LEAGUE

Org PageRecipient Profile

Palm Harbor, FL

PURPOSE: PROGRAM SUPPORT (SEE PROGRAM SERVICE DESCRIPTIONS)

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Pinellas County Education Foundation Inc has recieved totaling $23,000.

Awarding OrganizationAmount
Margie Joy Foundation Inc

Tampa, FL

PURPOSE: JUMP START SCHOLARSHIP

$13,000
Organization Name not Listed

PURPOSE: SUPPORT OPERATIONS

|

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,851,200
Earnings$1,113,519
Other Expense$1,113,519
Ending Balance$3,851,200

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