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Foundation For New Education Initiatives Inc

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

EIN: 611566768 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For New Education Initiatives Inc?

The Foundation for New Education Initiatives Inc., based in Miami, Florida, is a nonprofit organization dedicated to enhancing student achievement and community engagement in support of educational initiatives within Miami-Dade County Public Schools. They operate various programs to achieve this mission, such as a summer youth internship program for at-risk youth, an educational initiative with local arts and cultural institutions, mini-grants for teachers, a parent academy offering free classes and workshops, and scholarships for deserving students. Additionally, they provide assistance to needy families and schools, as well as support for STEM education and schools. The foundation seeks to engage the community and various sectors of the economy to contribute resources to public education.


Official website here: www.giveourstudentstheworld.org

Is Foundation For New Education Initiatives Inc legitimate?

Foundation For New Education Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For New Education Initiatives Inc 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: $147,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,097

For more financial information, click here


Official website here: www.giveourstudentstheworld.org

What is the mission statement of Foundation For New Education Initiatives Inc?

The Foundation for New Education Initiatives Inc's mission is centered around enhancing student achievement and promoting community engagement to support educational initiatives. They believe in the collective involvement and resources from various sectors of society to foster successful public education. One of their programs, the Summer Youth Internship, aims to enroll over 3,000 at-risk youth in internships, providing stipends, high school credits, and college credit potential. Another initiative, Cultural Passport, offers diverse cultural experiences to K-12 students annually. The foundation also provides mini-grants for innovative educational activities, free classes and workshops for parents through The Parent Academy, and scholarships for deserving students. They also extend aid to needy families, schools, and students, and support STEM education in schools.


Official website here: www.giveourstudentstheworld.org

Who is the CEO of Foundation For New Education Initiatives Inc?

Ann Pierce Stith is the Executive Director of Foundation For New Education Initiatives Inc.


Official website here: www.giveourstudentstheworld.org

What is the revenue of Foundation For New Education Initiatives Inc?

Foundation For New Education Initiatives Inc's revenue in 2023 was $4,020,486.


Official website here: www.giveourstudentstheworld.org

Who are the executives of Foundation For New Education Initiatives Inc and what are their salaries?

The average compensation at Foundation For New Education Initiatives Inc during 2023 was $85,544. There are 2 employees and 50 volunteers at Foundation For New Education Initiatives Inc.


Here are 15 key members and their salaries:


Carlos Curbelo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose L Dotres (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Norton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan H Fein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celia De La Llama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzan Mcdowell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis S Mchenry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kadisha Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter E Salomon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred G Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Tracey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale C Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie A S Williamson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Pierce Stith (Executive Director)
  • Compensation: $146,054
  • Related: $0
  • Other: $0


Official website here: www.giveourstudentstheworld.org

Where can I find the form 990 for Foundation For New Education Initiatives Inc?

Foundation For New Education Initiatives Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.giveourstudentstheworld.org

Learn more at the official website: www.giveourstudentstheworld.org

Mission Statement of Foundation For New Education Initiatives Inc

The Foundation for New Education Initiatives Inc is dedicated to enhancing student achievement and fostering community engagement in support of educational initiatives within Miami-Dade County Public Schools. This nonprofit organization believes that public education can thrive with the involvement and resources from various sectors of the economy and diverse segments of society.

In pursuit of its mission, the Foundation for New Education Initiatives Inc undertakes several initiatives. One such program is the Summer Youth Internship, which aims to enroll over 3,000 at-risk youth aged 15-18 in internships. This program provides diverse placement opportunities by recruiting a wide array of employers throughout Miami-Dade County. Intern participants receive two stipends totaling $1,500 and must commit to their internship assignments for 30 hours per week for five weeks. They also earn high school course credits and the opportunity to earn college credits.

Another initiative undertaken by the Foundation for New Education Initiatives Inc is the Cultural Passport, in partnership with Miami-Dade's various arts and cultural institutions. This educational initiative aims to offer all K-12 students a different age-appropriate cultural experience each school year. Over 135,000 students benefited from this initiative in the 2022-23 school year, with an estimated cost of $150,000.

Additionally, the nonprofit hosts an annual mini-grant competition for teachers to implement innovative educational activities that foster academic achievement. Grants are awarded to two teachers in each of the three district regions, with an estimated cost of $30,000. The Foundation for New Education Initiatives Inc also offers a year-round Parent Academy, providing free classes and workshops for parents at over 200 sites throughout the county.

The nonprofit also provides student scholarships through several scholarship funds, including the POSSE Foundation, the College Assistance Program, and Francis Metcalfe. Deserving students directly benefit from these scholarships, with over 50 students benefiting in the recent past. The Foundation for New Education Initiatives Inc also offers outreach and aid to needy families, schools, and projects such as Project UP-START, which directly benefits over 10,000 students identified as homeless.

Lastly, the nonprofit supports participating schools that have earned the STEAM designation by considering them for a STEAM lab and providing robotics and other equipment to schools. The estimated cost for this initiative is $200,000. In summary, the Foundation for New Education Initiatives Inc is committed to enhancing student achievement and community engagement in support of educational initiatives within Miami-Dade County Public Schools, through various initiatives and programs.

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Impact




October, 2024

The Foundation For New Education Initiatives Inc plays a transformative role in enhancing student achievement and fostering community engagement within Miami-Dade County. Its impactful programs address various aspects of education, particularly for at-risk youth and underserved communities.

With initiatives like the Summer Youth Internship Program, the Foundation aims to enroll over 3,000 at-risk youth ages 15-18 in meaningful internships. This program not only provides a financial stipend of $1,500 but also offers high school and potential college credits, empowering students through real-world experience and professional development.

The Cultural Passport initiative enhances educational experiences by connecting K-12 students with Miami-Dade's rich arts and cultural landscape, serving over 135,000 students in the 2022-23 academic year. This fosters cultural literacy and appreciation among youth, integral to holistic education.

Through its Mini-Grants for Teachers and Classrooms program, the Foundation supports innovative teaching practices by funding creative educational projects, thereby uplifting academic achievement in various district regions.

The Parent Academy extends educational resources to families, providing free workshops across more than 200 sites, which strengthens parental engagement in the learning process. This initiative promotes a collaborative environment essential for student success.

Furthermore, the Foundation supports over 50 students annually through scholarships, facilitating access to higher education and broadening their future opportunities. Their outreach programs address the critical needs of over 10,000 homeless students, providing essential resources and support.

In the sciences, the Foundation invests in STEAM education by providing resources and equipment to schools designated as STEAM institutions, contributing to the development of a future-ready workforce.

Overall, the Foundation For New Education Initiatives Inc significantly contributes to the educational landscape, equipping students with skills, opportunities, and support, while actively engaging the broader community in the educational process.




This information is meant to be a general summary of Foundation For New Education Initiatives Inc. 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
$4,020,486 (2023)
Expenses
$4,415,360 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $9,938
  • Gross Receipts: $4,602,469

Assets and Liabilities:

  • Total Assets: $4,971,555
  • Total Liabilities: $3,194,348
  • Net Assets: $1,777,207

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Organization Details

Founding Year

2008

Principal Officer

Ann Pierce Stith

Main Address

1450 NE 2ND AVE 750, MIAMI, FL, 33132

NTEE Category

Code: B11 - Education

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