Foundation For Seminole County Public Schools Inc

Organization Overview

Foundation For Seminole County Public Schools Inc is located in Sanford, FL. The organization was established in 1987. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Foundation For Seminole County Public Schools 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 06/2022, Foundation For Seminole County Public Schools Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION ENHANCES THE QUALITY OF EDUCATION IN SEMINOLE COUNTY PUBLIC SCHOOLS AND ENSURES THAT TODAY'S STUDENTS BECOME TOMORROW'S SUCCESSDUL, PRODUCTIVE CITIZENS. THE FOUNDATION FOCUSES ON THREE FUNDING INITIATIVES FOR THE SCHOOL DISTRICT: 1) PROGRAMS THAT REMOVE THE BARRIERS THAT KEEP KIDS FROM COMING TO SCHOOL READY TO LEARN 2) PROVIDE RESOUCES IN THE CLASSROOM TO ENHANCE STUDENT PERFORMANCE AND 3) SUPPORT OUR HIGH PERFORMING SCHOOL DISTRICT BY RECOGNIZING AND REWARDING OUR TOP PERFORMING EDUCATORS AND SUPPORT STAFF. SINCE INCEPTION THE FOUNDATION HAS RAISED OVER 40 MILLION TO SUPPORT OUR PUBLIC SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOOLS 4 SEMINOLE SCHOOLS - SECURES DONATED CLASSROOM AND SCHOOL SUPPLIES THROUGHOUT THE SCHOOL YEAR. ALL TEACHERS AT 25 SCHOOLS - ONES WITH 60%+ STUDENTS ON FREE AND REDUCED MEALS - ARE ELIGIBLE TO SHOP MONTHLY. THE REMAINING 45 SCHOOLS ARE ELIGIBLE TO HAVE A DEDICATED REPRESENTATIVE SHOP FOR THE SCHOOL ONCE PER MONTH. APPROXIMATELY 1,697,000 IN PRODUCT WAS DISTRIBUTED TO SCHOOLS IN THE DISTRICT SO THAT STUDENTS COULD START THE YEAR ON THE RIGHT FOOT.


TAKE STOCK IN CHILDREN: TAKE STOCK IN CHILDREN IS A STATEWIDE SCHOLARSHIP PROGRAM THAT TARGETS STUDENTS WITH A FINANCIAL NEED AND A STRONG DESIRE TO SUCCEED. EACH SPRING, EIGHTH GRADE STUDENTS FROM SEMINOLE COUNTY PUBLIC SCHOOLS ARE INVITED TO APPLY FOR 27 YEAR COLLEGE SCHOLARSHIPS THROUGH THE TAKE STOCK IN CHILDREN PROGRAM.THE PROGRAM BROUGHT IN 27 NEW STUDENTS IN THE 2021-2022 FISCAL YEAR.


GRANTS FOR GREAT IDEAS: THE GRANTS FOR GREAT IDEAS PROGRAM ALLOCATES SMALL GRANTS FOR CLASSROOM, SCHOOL OR DISTRICT PROJECTS. THE FUNDAMENTAL PURPOSE OF THIS PROGRAM IS TO PROVIDE THE FUNDING FOR CLASSROOM PROJECTS THAT ARE INNOVATIVE AND ORIGINAL WITH THE OVERALL GOAL OF ENHANCING A STUDENT'S LEARNING EXPERIENCE. APPROXIATELY 62,498 IN GRANTS WERE AWARDED.


FAMILIES IN TRANSITION: FAMILIES IN TRANSITION WAS ESTABLISHED TO SERVE THE EDUCATIONAL NEEDS OF CHILDREN IN THE SEMINOLE COUNTY SCHOOL SYSTEM WHO ARE CONSIDERED HOMELESS. THESE STUDENTS "LACK A FIXED, REGULAR AND ADEQUATE RESIDENCE; OR HAVE A PRIMARY NIGHTTIME RESIDENCE THAT IS TEMPORARY IN NATURE; OR IS A PLACE NOT DESIGNED OR USED ORIGINALLY AS A REGULAR SLEEPING ACCOMODATION FOR HUMAN BEINGS." A SCHOOL LIASON HAS BEEN ASSIGNED TO WORK WITH THE DISTRICT'S ELEMENTARY AND SECONDARY SCHOOL, AS WELL AS THE COMMUNITY, AGENCIES AND SHELTERS IN IDENTIFYING HOMELESS FAMILIES WITH SCHOOL-AGE CHILDREN. CONTACT WITH THE FAMILY AND SCHOOL IS MADE AND COMMUNICATION IS ESTABLISHED WITH THE STUDENT'S SCHOOL, AS WELL. OTHER INCLUDES MANY MINI-GRANTS AND PROGRAMS WHICH PROVIDE EDUCATORS AS WELL AS STUDENTS WITH SCHOLARSHIPS FOR FURTHER EDUCATION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $878,915
All other contributions, gifts, grants, and similar amounts not included above$3,861,221
Noncash contributions included in lines 1a–1f $1,697,241
Total Revenue from Contributions, Gifts, Grants & Similar$4,740,136
Total Program Service Revenue$0
Investment income $175,367
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,794
Net Income from Fundraising Events $210,000
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,174,391

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Foundation For Seminole County Public Schools Inc has recieved totaling $1,037,168.

Awarding OrganizationAmount
Xq Institute

Oakland, CA

PURPOSE: SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL.

$639,005
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$150,000
Tsic Inc

Fort Lauderdale, FL

PURPOSE: MENTORING

$95,902
Heart Of Florida United Way

Orlando, FL

PURPOSE: COMMUNITY BENEFIT

$40,000
The Duke Energy Foundation

Charlotte, NC

PURPOSE: VIBRANT ECONOMIES

$35,000
Universal Orlando Foundation Inc

Orlando, FL

PURPOSE: DIVERSITY, EQUITY, AND INCLUSION FOCUSED GRANT

$21,900
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,792,884
Net Contributions$148,950
Ending Balance$1,941,834

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