Island School Foundation Inc

Organization Overview

Island School Foundation Inc is located in Boca Grande, FL. The organization was established in 2009. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Island School 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 06/2023, Island School Foundation Inc generated $492.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $498.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ISLAND SCHOOL FOUNDATION IS DEDICATED TO THE ADVANCEMENT OF EDUCATION OF BOCA GRANDE, FL. SUPPORTING COMMUNITY RESIDENTS AND WORKERS EMPLOYED BY LOCAL BUSINESSES, AND STRIVES TO CREATE AN ENDOWMENT THAT WILL HELP FUND THE SCHOOL'S OPERATION IN PERPETUITY. IN ADDITION, THE FOUNDATION STRIVES TO SUPPORT OTHER EDUCATIONAL PROGRAMS BENEFITING RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Sam Campbell
Trustee
$0
Brent Cross
Treasurer
$0
John Edwardson
Trustee
$0
Harry Haddad
Trustee
$0
Tom Hofman
Chair
$0
Mary Johnston
Vice Chair
$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$238,070
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$238,070
Total Program Service Revenue$0
Investment income $234,566
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $19,696
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $492,332

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