Gilbert Education Foundation Inc
- Assets
- $389.2k
- Revenue
- $416.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Gilbert, AZ
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 86-1023126
Organization Overview
Gilbert Education Foundation Inc is located in Gilbert, AZ. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Gilbert 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 12/2023, Gilbert Education Foundation Inc generated $416.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $288.0k during the year ending 12/2023. While expenses have increased by 4.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GILBERT EDUCATION FOUNDATION IS TO ENRICH, SUPPORT AND PROMOTE INNOVATION FOR THE STUDENTS AND TEACHERS OF THE GILBERT SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEAM INITIATIVES AND EDUCATION ENRICHMENT PROGRAM(S): AIM TO PROVIDE COMPREHENSIVE SUPPORT TO STUDENTS IN THE GILBERT PUBLIC SCHOOL DISTRICT. THROUGH FUNDING DISTRICT-WIDE STEAM EQUIPMENT, SUPPLIES, AND CURRICULUM, WE FOSTER A DYNAMIC LEARNING ENVIRONMENT WHERE STUDENTS, ESPECIALLY GIRLS, ARE ENCOURAGED TO EXPLORE AND EXCEL IN STEAM FIELDS. OUR EFFORTS EXTEND BEYOND TRADITIONAL EDUCATION BY ACTIVELY ENGAGING STUDENTS IN EXPLORING POTENTIAL STEAM-BASED CAREERS.ADDITIONALLY, OUR PROGRAM ENRICHES THE EDUCATIONAL EXPERIENCE DISTRICT-WIDE BY SUPPORTING INITIATIVES SUCH AS THE EMPLOYEE OF THE YEAR AWARDS AND PROVIDING CAMPUS-SPECIFIC PROGRAMS LIKE THERAPY DOGS, SPECIAL EVENTS, AND INNOVATIVE LEARNING EXPERIENCES. BY INVESTING IN THESE OPPORTUNITIES, WE ENSURE THAT ALL GPS STUDENTS HAVE ACCESS TO A WELL-ROUNDED EDUCATION THAT PREPARES THEM FOR SUCCESS IN AN EVER-EVOLVING WORLD.
S.H.A.N.E. PROGRAM: S.H.A.N.E. STANDS FOR SHARING, HELPING, AND NURTURING EVERYONE, WHICH HELPS ALL GPS FACULTY AND STAFF AS WELL AS ALL GILBERT PUBLIC SCHOOL4 FAMILIES. THIS PROGRAM PROVIDES EMERGENCY HELP FOR SHELTER, UTILITY BILLS, MEDICAL, TRANSPORTATION, FOOD, CLOTHING, AND MUCH MORE. WE ALSO HELP FIND RESOURCES FOR THOSE WHO WOULD QUALIFY FOR OTHER HELP IN THE COMMUNITY.
SCHOLARSHIP AND VARSITY LETTER IN VOLUNTEERISM PROGRAM(S): OUR SCHOLARSHIP AND VARSITY LETTER IN VOLUNTEERISM PROGRAMS ARE DEDICATED TO SUPPORTING THE EDUCATIONAL ASPIRATIONS OF HIGH SCHOOL SENIORS AND FOSTERING A CULTURE OF COMMUNITY SERVICE AMONG STUDENTS IN THE GILBERT PUBLIC SCHOOL DISTRICT (GPS). SCHOLARSHIPS ARE AWARDED TO HIGH SCHOOL SENIORS, ENABLING THEM TO PURSUE HIGHER EDUCATION OR VOCATIONAL TRAINING. ADDITIONALLY, WE PROVIDE FUNDING FOR EDUCATORS PROFESSIONAL DEVELOPMENT, ENSURING THEY HAVE THE RESOURCES THEY NEED TO EXCEL IN THEIR ROLES. THE FOUNDATION ACTIVELY RAISES FUNDS TO SUPPORT SCHOLARSHIPS AND MANAGES DONOR SCHOLARSHIPS, OFFERING INDIVIDUALS AND ORGANIZATIONS THE OPPORTUNITY TO CREATE A LASTING LEGACY THROUGH THE GIFT OF EDUCATION. THE VARSITY LETTER IN VOLUNTEERISM COMPONENT OF OUR PROGRAM ENCOURAGES GPS STUDENTS IN GRADES 9 THROUGH 12 TO ENGAGE IN COMMUNITY SERVICE. BY VOLUNTEERING THEIR TIME, STUDENTS NOT ONLY CONTRIBUTE TO THE BETTERM
INNOVATION GRANTS: OUR PROGRAM PROVIDES EDUCATORS WITH GRANTS OF UP TO $1,500 TO SUPPORT INNOVATIVE TECHNOLOGY, EQUIPMENT, SPECIALIZED CURRICULA, PROGRAMS, AND ENRICHMENT ACTIVITIES. THESE GRANTS AIM TO ALLEVIATE BUDGET CONSTRAINTS WITHIN THE DISTRICT WHILE MAXIMIZING THE IMPACT ON STUDENT LEARNING AND ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Ramos Director | Trustee | 1 | $0 |
Shane Mccord Ex Officio Director | Trustee | 1 | $0 |
Jill Humphreys Ex Officio Director | Trustee | 1 | $0 |
Aaron Salvo Director | Trustee | 1 | $0 |
Lori Gauna President | Trustee | 2 | $0 |
Serena M English Secretary | Trustee | 2 | $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 | $410,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $410,936 |
| Total Program Service Revenue | $0 |
| Investment income | $5,800 |
| 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 | $416,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $168,687 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,760 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,949 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,576 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $877 |
| Fees for services: Other | $6,683 |
| Advertising and promotion | $1,490 |
| Office expenses | $654 |
| Information technology | $3,647 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,708 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $210 |
| All other expenses | -$2 |
| Total functional expenses | $287,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,204 |
| Savings and temporary cash investments | $244,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,457 |
| Total assets | $389,161 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $361,389 |
| Net assets with donor restrictions | $27,772 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $389,161 |