Helios Education Foundation

Organization Overview

Helios Education Foundation is located in Phoenix, AZ. The organization was established in 1983. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2022, Helios Education Foundation employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helios Education 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 09/2022, Helios Education Foundation generated $21.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $39.4m during the year ending 09/2022. While expenses have increased by 5.5% per year over the past 7 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, Helios Education Foundation has awarded 669 individual grants totaling $199,491,246. 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENRICH THE LIVES OF INDIVIDUALS IN ARIZONA AND FLORIDA BY CREATING OPPORTUNITIES FOR SUCCESS IN POST-SECONDARY EDUCATION.

Describe the Organization's Program Activity:

HELIOS EDUCATION FOUNDATION IS DEDICATED TO CREATING OPPORTUNITIES FOR INDIVIDUALS IN ARIZONA AND FLORIDA TO ACHIEVE A POSTSECONDARY EDUCATION. THE FOUNDATION'S WORK IS DRIVEN BY ITS FOUR FUNDAMENTAL BELIEFS: 1) COMMUNITY - EDUCATION CHANGES LIVES AND STRENGTHENS COMMUNITIES. 2) INVESTMENT - EDUCATION IS AN INVESTMENT, NOT AN EXPENSE. 3) EQUITY - EVERY STUDENT, REGARDLESS OF ZIP CODE, DESERVES A HIGH- QUALITY EDUCATION. 4) PARTNERSHIP - THE FOUNDATION WILL ACHIEVE ITS MISSION THROUGH PARTNERSHIP AND COLLABORATION. HELIOS EDUCATION FOUNDATION HAS A DEEP AND LONGSTANDING COMMITMENT TO THE VALUES OF DIVERSITY, EQUITY, AND INCLUSION. WE SEEK TO INTEGRATE THIS COMMITMENT INTO ALL ASPECTS OF THE FOUNDATION'S OPERATIONS AND WE SEEK THE SAME COMMITMENT FROM OUR EXTERNAL PARTNERS. OUR COMMITMENT IS ROOTED IN OUR MISSION, OUR VALUES, AND IN OUR FOUR FUNDAMENTAL BELIEFS OF COMMUNITY, INVESTMENT, EQUITY, AND PARTNERSHIP. HELIOS INVESTS IN PROGRAMS AND INITIATIVES ACROSS THE FULL EDUCATION CONTINUUM, FROM EARLY GRADE SUCCESS THROUGH POSTSECONDARY EDUCATION. HELIOS PARTNERS WITH UNIVERSITIES, COLLEGES, ELEMENTARY AND SECONDARY SCHOOLS, AND OTHER ELIGIBLE EDUCATIONAL ORGANIZATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HELIOS EDUCATION FOUNDATION AIMS TO ACCELERATE THE PACE OF CHANGE IN ARIZONA BY FOCUSING ON SPECIFIC POPULATIONS-LOW-INCOME AND LATINO STUDENTS. IN ARIZONA, THE LATINO POPULATION IS THE FASTEST GROWING SUB POPULATION IN THE STATE. LATINO STUDENTS REPRESENT 45 PERCENT OF THE STUDENT POPULATION AND ARE EXPECTED TO REPRESENT MORE THAN 50 PERCENT OF THE STUDENT POPULATION BY 2026. HELIOS EDUCATION FOUNDATION AIMS TO ACCELERATE THE PACE OF CHANGE IN FLORIDA BY FOCUSING ON SPECIFIC POPULATIONS-LOW-INCOME AND BLACK STUDENTS. IN FLORIDA, BLACK STUDENTS COMPRISE THE LARGEST SUB POPULATION THAT NEEDS THE MOST HELP, PARTICULARLY IN OUR THREE TARGET COMMUNITIES (TAMPA BAY, CENTRAL FLORIDA, AND SOUTH FLORIDA). THE FOUNDATION'S COMMITMENT TO EDUCATION IS LONG-TERM AND ITS FINANCIAL SUPPORT IS FOCUSED ON INVESTING IN SUSTAINABLE PROGRAMS AND INITIATIVES AT EDUCATIONAL ORGANIZATIONS THAT SPECIFICALLY IMPACT THE EDUCATIONAL SUCCESS OF ALL STUDENTS. DURING FY22, HELIOS EDUCATION FOUNDATION PROVIDED APPROXIMATELY $23 MILLION IN GRANTS AND $706 THOUSAND IN-KIND GIVING TO EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA. THIS FUNDING AND IN-KIND GIVING PROVIDED SUPPORT TO SCHOOLS, UNIVERSITIES AND OTHER EDUCATIONAL ORGANIZATIONS AND NON-PROFITS THAT IMPROVE THE CONDITIONS OF AND ACCESS TO EDUCATION. HELIOS EDUCATION FOUNDATION HAS A PURPOSEFUL FOCUS ON RESULTS. OUR IMPACT STRATEGY FOCUSES ON THREE KEY DRIVERS ESSENTIAL TO GETTING STUDENTS ON TRACK FOR COLLEGE ATTAINMENT: ENSURE THAT STUDENTS ARE READING BY THE THIRD GRADE; INCREASE COLLEGE ENROLLMENTS; AND INCREASE ATTAINMENT OF TWO- AND FOUR-YEAR COLLEGE DEGREES. PRIORITIES IN ACHIEVING OUR LONG-TERM GOAL: 1) HELIOS SUPPORTS IMPROVEMENTS IN EARLY LEARNING THROUGH: CONTINUAL IMPROVEMENT OF QUALITY EARLY LEARNING TEACHING; INCREASING ACCESS TO QUALITY EARLY LEARNING ENVIRONMENTS, PARTICULARLY FOR BLACK, LATINO, AND LOW-INCOME STUDENTS; AND EXPANDING THE USE OF RESEARCH-BASED LITERACY INITIATIVES GROUNDED IN THE SCIENCE OF READING. 2) HELIOS SUPPORTS INCREASES IN THE PERCENT AND NUMBER OF BLACK, LATINO, AND LOW-INCOME STUDENTS ATTENDING COLLEGE BY: INCREASING ACCESS AND ENROLLMENT IN RIGOROUS COURSES (INCLUDING AP AND DUAL ENROLLMENT); AND CLOSING THE "INFORMATION GAP" FOR STUDENTS AND THEIR FAMILIES ON HOW TO APPLY TO AND AFFORD COLLEGE. 3) HELIOS SUPPORTS INCREASES IN THE PERCENT AND NUMBER OF BLACK, LATINO, AND LOW-INCOME STUDENTS PERSISTING IN AND COMPLETING TWO- AND FOUR-YEAR DEGREES BY INCREASING THE NUMBER AND PROPORTION OF STUDENTS WHO: RECEIVE FINANCIAL AID; RECEIVE COMPLETION-FOCUSED SCHOLARSHIPS; AND MAKE AN EFFECTIVE TRANSITION FROM A COMMUNITY COLLEGE TO A FOUR-YEAR COLLEGE OR UNIVERSITY. HELIOS ALSO SUPPORTS THE EXPANSION OF STUDENT SUPPORT SERVICES TO KEEP STUDENTS ENROLLED AND PERSISTING IN COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mercer
Business Consulting
$652,023
Ueb Builders
General Contracting
$556,555
Turner Construction Management
Construction Management
$181,755
I-ology
Web Design And Development
$224,703
Qcm Technologies
Technology Consulting
$156,873
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $9,337,406
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,422,631
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,760,037

Grants Awarded

Over the last fiscal year, Helios Education Foundation has awarded $22,814,309 in support to 85 organizations.

Grant RecipientAmount

EDUCATION FORWARD ARIZONA

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: See Part IV

$6,092,630

UNIVERSITY OF CENTRAL FLORIDA FOUNDATION

Org PageRecipient Profile

Orlando, FL

PURPOSE: See Part IV

$2,000,000

MARICOPA COMMUNITY COLLEGES FOUNDATION

Org PageRecipient Profile

Tempe, AZ

PURPOSE: See Part IV

$1,852,000

ST PETERSBURG COLLEGE FOUNDATION

Org PageRecipient Profile

Saint Petersburg, FL

PURPOSE: See Part IV

$1,600,250

HILLSBOROUGH EDUCATION FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: See Part IV

$1,395,850

FLORIDA COLLEGE SYSTEM FOUNDATION

Org PageRecipient Profile

Tallahassee, FL

PURPOSE: See Part IV

$950,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Helios Education Foundation has recieved totaling $42,213.

Awarding OrganizationAmount
Rays Baseball Foundation Inc

St Petersburg, FL

PURPOSE: SCHOLARSHIP PROGRAMS FOR POSTSECONDARY EDUCATION AT ANY FLORIDA STATE COLLEGE

$42,213
View Grant Recipient Profile

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