Overview

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Fiscal Year Start

Not available

Organization Type

Grantseeker

AI Summary

The Indian River Education Fund, a direct support organization for the School Board of Indian River County, Florida, is dedicated to enhancing the quality of education by raising and distributing funds, supporting strategic initiatives, and fostering community involvement in public schools. With an operating budget of $21.2K and total revenue of $244.5K for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. The Fund's mission includes recognizing outstanding contributions to public and charter education from pre-kindergarten through adult education in Indian River County.

Mission Statement

THE MISSION OF THE FUND IS TO ENHANCE THE QUALITY OF EDUCATION IN SDIRC SCHOOLS THROUGH RAISING AND DISTRIBUTING FUNDS AND IN-KIND CONTRIBUTIONS, SUPPORTING STRATEGIC INITIATIVES, FOSTERING INVOLVEMENT IN THE PUBLIC SCHOOLS BY BUSINESS AND THE COMMUNITY, AND BY PROVIDING RECOGNITION AND REWARDS FOR OUTSTANDING CONTRIBUTION TO, AND PERFORMANCE WITHIN, THE PUBLIC SCHOOL SYSTEM.THE FUND IS ORGANIZED AND OPERATES EXCLUSIVELY TO RAISE FUNDS, RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY, AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF PUBLIC AND CHARTER PRE-KINDERGARTEN THROUGH ADULT EDUCATION, IN INDIAN RIVER COUNTY, FLORIDA, CONSISTENT WITH SECTION 1001.453, FLORIDA STATUTES, AS THE SAME MAY BE AMENDED OR REPLACED WITH A SIMILAR SUCCESSOR STATUTE. THE INDIAN RIVER EDUCATION FUND IS A DIRECT SUPPORT ORGANIZATION (DSO) FOR THE SCHOOL BOARD OF INDIAN RIVER COUNTY (SDIRC OR DISTRICT), GOVERNED BY SECTION 1001.453, FLORIDA STATUTES, AS WELL AS CHAPTER 617, FLORIDA STATUTES.
Revenues
$244.5K
Expenses
$21.2K
Net Income:
+$223.3K
Assets
$223.3K
Liabilities
$0
Net Assets:
+$223.3K
Operating Budget
$21.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
W
William Penney
Board Member
J
John Calcagno
Board Member
M
Matt Rundels
Board Member

Frequently Asked Questions

What is THE INDIAN RIVER EDUCATION FUND’s budget?
In 2024, THE INDIAN RIVER EDUCATION FUND reported an annual operating budget of around $21 thousand. More detailed financial information is available to registered users.
Where does THE INDIAN RIVER EDUCATION FUND operate?
THE INDIAN RIVER EDUCATION FUND is headquartered in VERO BEACH, FL.
Who funded THE INDIAN RIVER EDUCATION FUND recently?
In 2025, THE INDIAN RIVER EDUCATION FUND received grants from INDIAN RIVER COMMUNITY FOUNDATION INC, THE KAHLE FOUNDATION INC, and Jake Owen Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant THE INDIAN RIVER EDUCATION FUND received in 2024?
The largest grant to THE INDIAN RIVER EDUCATION FUND in 2024 exceeds $10 thousand.