Foundation For New Education Initiatives Inc

Organization Overview

Foundation For New Education Initiatives Inc is located in Miami, FL. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 New Education Initiatives 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 06/2021, Foundation For New Education Initiatives Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $4.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATIONAL INITIATIVES OF MIAMI- DADE COUNTY PUBLIC SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FNEI AND M-DCPS SUPPORTED THE 2020 SYIP FOR A FIFTH CONSECUTIVE YEAR. WITH THE SUPPORT OF THE COUNTY, THE CHILDREN'S TRUST, AND CAREER SOURCE, FUNDING IN THE AMOUNT OF $2.5 MILLION WAS RECEIVED TO SUPPORT 1,485 STUDENT INTERNSHIPS. SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Ann DE Las Pozas
Executive Director
$135,226
Alberto M Carvalho
Chair
$0
Alan Fein
Treasurer
$0
Carlos Curbelo
Designee Vice Chair
$0
Julie Williamson
Secretary
$0
Natacha Bastian
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,260,160
All other contributions, gifts, grants, and similar amounts not included above$3,436,309
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,696,469
Total Program Service Revenue$0
Investment income $2,489
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $10,298
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,709,256

Grants Awarded

Over the last fiscal year, Foundation For New Education Initiatives Inc has awarded $1,457,081 in support to 3 organizations.

Grant RecipientAmount

MIAMI-DADE COUNTY PUBLIC SCHOOLS

PURPOSE: IMPROVE EDUCATION

$808,528

MIAMI-DADE COUNTY PUBLIC SCHOOLS

PURPOSE: IMPROVE EDUCATION

$561,956

MIAMI-DADE COUNTY PUBLIC SCHOOLS

PURPOSE: IMPROVE EDUCATION

$86,597
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Foundation For New Education Initiatives Inc has recieved totaling $581,945.

Awarding OrganizationAmount
Global Village Charitable Tr

Coral Gables, FL

PURPOSE: GENERAL OPERATION

$150,000
South Florida Sports Foundation Inc

Miami Gardens, FL

PURPOSE: SOCIAL JUSTICE DONATION

$100,000
Undies For Everyone

Houston, TX

PURPOSE: To provide underserved children with new underwear

$50,041
The Batchelor Foundation Inc

Miami Beach, FL

PURPOSE: GENERAL OPERATIONS

$50,000
Himan Brown Charitable Tr

New York, NY

PURPOSE: EDUCATIONAL

$50,000
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$47,804
View Grant Recipient Profile

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