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Education Foundation Of Sarasota County

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592320858 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Education Foundation Of Sarasota County?

The Education Foundation of Sarasota County is a nonprofit organization situated in Sarasota, Florida, with a mission to enhance students' potential, promote exceptional teaching, and inspire innovative education. Established in 2016, their College, Career, and Life Readiness (CCLR) initiative offers comprehensive support to students in need, helping them prepare for higher education, careers, and life. They operate Student Success Centers, where students work one-on-one with expert coaches to plan and prepare for their future. These centers and the community resource center, Launchpad4U, provide access to workshops, open houses, and career fairs. The foundation also offers mentoring for at-risk and first-generation college students and provides scholarships to cover low-income students' tuition. They celebrate students who have overcome challenges through the STRIVE Awards. Guided by strategic philanthropy, the Education Foundation of Sarasota County aims to make a difference in students' lives, ensuring they can thrive in the 21st-century global economy.


Official website here: www.sarasotacountyschools.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Education Foundation of Sarasota County has earned a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 83% in Accountability & Finance, the organization exhibits strong governance practices, evidenced by its 100% independent board and a lack of material diversion of assets. Its program expense ratio is notably high at 87.46%, showcasing a commitment to effectively using funds for its educational initiatives.

Additionally, the foundation has demonstrated excellent leadership and adaptability, scoring a perfect 100 in both categories. This reflects its ability to respond to the needs of the community and maintain a strong operational framework. The organization has outlined strategic goals focused on bolstering support for students and increasing resources for teachers, which further enhances its capacity to make a positive impact in education.

While the foundation’s metrics are largely positive, it's essential for potential donors to consider any future challenges or limitations that may arise as it expands its initiatives. Overall, the Education Foundation of Sarasota County stands out as a well-managed nonprofit dedicated to improving educational outcomes in its community.


This AI summary has been generated from information found on Charity Navigator.

Is Education Foundation Of Sarasota County legitimate?

Education Foundation Of Sarasota County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Foundation Of Sarasota County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $176,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $925,569

For more financial information, click here


Official website here: www.sarasotacountyschools.net

What is the mission statement of Education Foundation Of Sarasota County?

The Education Foundation of Sarasota County's mission is centered around enhancing the potential of students, promoting excellence in teaching, and inspiring innovation in education. Guided by strategic philanthropy, their goal is to prepare students for success in a rapidly changing, 21st-century global economy. In 2016, they launched the College, Career, and Life Readiness (CCLR) initiative, providing comprehensive support to students in need and fostering a mindset of readiness. They offer one-on-one sessions with student success coaches, provide resources through Student Success Centers and Launchpad4U, offer mentoring for at-risk and first-generation college students, and provide scholarships to help fund education. Their commitment extends to celebrating students who have overcome challenges through the STRIVE Awards.


Official website here: www.sarasotacountyschools.net

What is the revenue of Education Foundation Of Sarasota County?

Education Foundation Of Sarasota County's revenue in 2023 was $3,177,753.


Official website here: www.sarasotacountyschools.net

Who are the executives of Education Foundation Of Sarasota County and what are their salaries?

The average compensation at Education Foundation Of Sarasota County during 2023 was $42,404. There are 26 employees and 50 volunteers at Education Foundation Of Sarasota County.

Here are 17 key members and their salaries:


Beth Donofrio (Teacher Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucie Lapovsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Krause (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Kasten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Infanti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aubrianna Hobbs (Student Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karolina Paulus (Student Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dona Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Hayes (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brock H Leach (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Rollings (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelle Miller (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Saunders (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Van Der Bogert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Es Swihart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Johnson (Teacher Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Vigne (President)
  • Compensation: $171,011
  • Related: $0
  • Other: $5,921


Official website here: www.sarasotacountyschools.net

Where can I find the form 990 for Education Foundation Of Sarasota County?

Education Foundation Of Sarasota County's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sarasotacountyschools.net

Learn more at the official website: www.sarasotacountyschools.net

Mission Statement of Education Foundation Of Sarasota County

The Education Foundation of Sarasota County, a philanthropic organization, is dedicated to enhancing the potential of students, promoting excellence in teaching, and inspiring innovation in education. Guided by strategic philanthropy, this nonprofit aims to prepare each student to succeed in a rapidly changing, 21st-century global economy.

In pursuit of this mission, the Education Foundation launched its College, Career, and Life Readiness (CCLR) initiative in 2016. This comprehensive program provides support to students who need it most, instilling in them a mindset of readiness. The foundation operates Student Success Centers, where students work one-on-one with expert student success coaches to plan and prepare for college, career, and life. These centers, along with Launchpad4U, a community resource center, offer students access to technology, workshops, open houses, and college and career fairs.

The Education Foundation also offers mentoring for at-risk and first-generation college students. The mentors provide continuous support until the students complete a college degree or high-value certification. Scholarships such as Jumpstart Your Future! are provided to cover the tuition of low-income students at the Florida State College rate. The foundation celebrates remarkable students who have overcome challenges to succeed through the Strive Awards.

In essence, the Education Foundation of Sarasota County seeks to provide students with the relationships and resources they require to thrive in their academic and professional lives. By promoting excellence in teaching and instilling a sense of innovation, the foundation aims to prepare students for success in a rapidly changing world.

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Impact




July, 2024

The Education Foundation Of Sarasota County's impact is significant in enhancing the potential of students, promoting excellence in teaching, and inspiring innovation in education. Through its Student Success Program, the foundation helps every student graduate high school prepared to thrive in a fast-changing, 21st-century, global economy. By launching the College, Career, and Life Readiness (CCLR) initiative, the foundation provides comprehensive support to students who need it most, instilling in them a mindset of readiness.

The foundation develops and staffs Student Success Centers where students work one-on-one with expert coaches to plan and prepare for college, career, and life. They also provide access to technology, workshops, open houses, and college and career fairs at Launchpad4U, their community resource center. Additionally, the foundation offers mentoring for at-risk and first-generation college students, supporting them through the completion of a college degree or high-value certification. They help fund students' education through scholarships like Jumpstart Your Future, covering low-income students' tuition for a year at the Florida state college tuition rate.

In recognizing remarkable students who have overcome challenges to succeed through the Strive Awards, the Education Foundation Of Sarasota County ensures that each and every student has access to relationships and resources that make a difference so they can thrive.




This information is meant to be a general summary of Education Foundation Of Sarasota County. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,177,753 (2023)
Expenses
$2,896,289 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $85,946
  • Gross Receipts: $3,229,897

Assets and Liabilities:

  • Total Assets: $5,086,867
  • Total Liabilities: $561,781
  • Net Assets: $4,525,086

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Organization Details

Founding Year

1979

Principal Officer

Jennifer Vigne

NTEE Category

Code: B122 - Education

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