Overview
What is Vela Education Fund?
The Vela Education Fund, based in Glen Ellyn, Illinois, is a nonprofit organization committed to promoting innovation and opportunity in education for every learner. By supporting everyday entrepreneurs, they facilitate the creation and expansion of community-based, non-traditional learning models. The Fund actively encourages community-building, knowledge-sharing, and resource-pooling among its network of innovators. Vela Education Fund's primary mission includes developing custom education programs to meet families' unique learning needs, expanding awareness of non-traditional educational approaches, and accelerating their adoption within families and communities. With a team of nine dedicated individuals, the organization is making a significant impact on the educational landscape.
Official website here: www.velaedfund.org
Is Vela Education Fund legitimate?
Vela Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vela Education Fund 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $894,590
For more financial information, click here
What is the mission statement of Vela Education Fund?
The Vela Education Fund is dedicated to accelerating education innovation and opportunity for every learner. They achieve this by supporting everyday entrepreneurs in creating custom education programs that cater to families' unique learning needs. The fund also works towards increasing awareness of non-traditional education and encouraging its adoption by more families and communities. Through various initiatives, Vela Education Fund facilitates community-building, knowledge-sharing, and resource-sharing among entrepreneurs. They also employ storytelling, research, and community events to raise awareness of non-traditional education models. To date, the fund has made 688 grants to foster the development and expansion of community-based non-traditional learning models.
Official website here: www.velaedfund.org
What is the revenue of Vela Education Fund?
Who are the executives of Vela Education Fund and what are their salaries?
The average compensation at Vela Education Fund during 2022 was $99,399. There are 9 employees at Vela Education Fund.
Here are 12 key members and their salaries:
- Beth Seling (Chief Of Operations)
- Shaina Belton (Director-Issue Education)
- Lauren Grevel (Manager-Issue Education)
- Adam Ewing (Senior Director Of Strategic Advancement)
- Meredith Olson (Board Member/Exec Director)
- Caleb Offley (Board Member) [Trustee/Director]
- Derek Johnson (Board Member) [Trustee/Director]
- Edward Hui (Board Member (Incoming)) [Trustee/Director]
- Larry Todd Rose (Board Member) [Trustee/Director]
- Marc Sternberg (Board Member (Outgoing)) [Trustee/Director]
- Brian Menkes (Secretary)
- Kara Hartnett (Treasurer)
Official website here: www.velaedfund.org
Where can I find the form 990 for Vela Education Fund?
The Vela Education Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.velaedfund.org
Learn more at the official website: www.velaedfund.org
Mission Statement of Vela Education Fund
The Vela Education Fund is a dynamic organization dedicated to accelerating education innovation and opportunity for every learner. By supporting everyday entrepreneurs who create and expand community-based non-traditional learning models, Vela bridges the gap between families' unique educational needs and the availability of customized programs.
In pursuit of its mission, Vela Education Fund has made 688 grants, enabling the growth and development of diverse learning environments tailored to meet the needs of various communities. The organization fosters a vibrant community of entrepreneurs, facilitating knowledge-sharing, resource-sharing, and community-building through events and collaborative initiatives.
Moreover, Vela Education Fund raises awareness of non-traditional education by sharing compelling stories, conducting research, and hosting informative events. Through these efforts, Vela encourages a broader understanding and acceptance of innovative educational approaches, ultimately increasing their adoption by more families and communities.
Impact
This information is meant to be a general summary of Vela Education Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Vela Education Fund's impact can be seen in the 688 grants it has provided to support the creation or expansion of community-based non-traditional learning models. By facilitating community-building, knowledge-sharing, and resource-sharing among its community of entrepreneurs, Vela has increased awareness of nontraditional education through storytelling, research, and community events. This has contributed to the acceleration of education innovation and opportunity for every learner, ultimately empowering families and communities to access custom education programs that meet their unique needs.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2020
Phone
(504) 250-7715
Main Address
361 PARK AVE 203, GLENCOE, IL, 60022
Website
www.velaedfund.org
NTEE Category
Code: T30 - Philanthropy
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