Broward Education Foundation Inc

Organization Overview

Broward Education Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 1985. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Broward Education Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broward 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 06/2022, Broward Education Foundation Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 8.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPING,PROMOTING AND FUNDING EMERGING INITIATIVES THAT BENEFIT THE COMMUNITY. THE FOUNDATION SERVES AS A DIRECT SUPPORT ORGANIZATION OF BROWARD COUNTY PUBLIC SCHOOLS,OFFERING SCHOLARSHIPS,TEACHER GRANTS,CLASSROOM SUPPLIES, AND DISTRICT-WIDE RECOGNITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BROWARD EDUCATION FOUNDATIONS SCHOOL SUPPLY CENTER PROVIDES FREE SCHOOL SUPPLIES FOR STUDENTS IN NEED. THROUGH A COLLABORATIVE PARTNERSHIP WITH KIDS IN NEED FOUNDATION AND TREMENDOUS SUPPORT FROM BUSINESS AND COMMUNITY LEADERS, THE EDUCATORS IN SCHOOLS SERVING A HIGH PERCENTAGE OF ECONOMICALLY DISADVANTAGE STUDENTS SHOP FREE, TWICE A YEAR, IN THE SCHOOL SUPPLY CENTER.


BROWARD EDUCATION FOUNDATION AWARDS SCHOLORSHIPS TO QUALIFIED GRADUATING STUDENTS IN BROWARD COUNTY PUBLIC SCHOOLS. THESE SCHOLARSHIPS ARE PRIMARILY BASED ON NEED, AS WELL AS ON MERIT AND ACADEMIC ACHIEVEMENT. STUDENTS PURSUING A UNIVERSITY, COLLEGE OR VOCATIONAL EDUCATION RECEIVE SCHOLORSHIPS RANGING FROM $500 TO A FOUR -YEAR SCHOLORSHIP.


OTHER PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Shea Ciriago
Chief Executive Officer
$118,886
Elizabeth Reynolds
Hief Financial Officer
$82,924
Myriam Campo-Goldman
Secretary
$0
Frank Horkey
Past-Chair
$0
Jean Mcintye
Chiar-Elect
$0
Tim Curtin
Chair-Elect
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$667,242
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,562,182
Noncash contributions included in lines 1a–1f $2,140,724
Total Revenue from Contributions, Gifts, Grants & Similar$5,229,424
Total Program Service Revenue$0
Investment income $0
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 $5,256,121

Grants Awarded

Over the last fiscal year, Broward Education Foundation Inc has awarded $684,585 in support to 2 organizations.

Grant RecipientAmount

BROWARD COUNTY SCHOOLS

PURPOSE: Student assistance

$684,585

OTHER PROGRAMS

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$0
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Broward Education Foundation Inc has recieved totaling $1,225,818.

Awarding OrganizationAmount
The Frederick A Deluca Foundation Inc

Pompano Beach, FL

PURPOSE: FREDERICK A. DELUCA SCHOLARSHIP - 2021 COHORT

$536,000
The Frederick A Deluca Foundation Inc

Pompano Beach, FL

PURPOSE: BROWARD TEA (TECHNOLOGY EMPOWERED AGRICULTURE) SCHOOL GARDEN: A FOOD FOREST

$184,104
The Frederick A Deluca Foundation Inc

Pompano Beach, FL

PURPOSE: TURNAROUND ARTS/PERFORMING AND VISUAL ARTS PROGRAMS

$105,464
Dallas Foundation A Tx Nonprofit Corporation

Dallas, TX

PURPOSE: GENERAL SUPPORT

$100,000
Naf

New York, NY

PURPOSE: FUND II STEM GRANT AND DISTINGUISHED ACADEMY AWARDS

$90,000
State Chartered Credit Unions In Florida

Fort Lauderdale, FL

PURPOSE: Charitable contribution to assist the educational needs of the community.

$50,000
View Grant Recipient Profile

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