EIN 59-2783821

Florida Education Fund

IRS 501(c) type
501(c)(3)
Num. employees
9
City
State
Year formed
1984
Most recent tax filings
2024-06-01
Description
Florida Education Fund promotes educational advancement for underrepresented groups through fellowships, community initiatives, and institutional enhancement.
Total revenues
$5,253,062
2024
Total expenses
$4,484,022
2024
Total assets
$30,686,094
2024
Num. employees
9
2024

Program areas at Florida Education Fund

Mcknight doctoral fellowship program:graduation and retention ratesestablished in 1984, the Florida Education Fund's mcknight doctoral fellowship program has increased the number of african and hispanic americans who have been awarded the ph.d. In historically underrepresented, crucial disciplines and fields of study where african and hispanic americans have not historically enrolled and completed degree programs. Some 1,641 fellowships have been awarded to african and hispanic americans pursuing the ph.d. Degree and the program enjoys an impressive near 87% retention rate which included 371 matriculating fellows and 1,061 graduates. (continued on schedule o)presently 69 fellows have advanced to candidacy. 22 fellows graduated in 2024. 41 new mcknight fellowships and 21 dissertation fellowships were awarded for fall 2024 to students pursuing studies at one of 9 participating institutions in the state of Florida. Each fellowship consists of tuition, fees, and stipend.professional development activityin addition, during the 2023-24 academic year, we offered our fellows our own professional development workshops as well as travel grants for them to attend professional conferences to facilitate their research and publication efforts. Presenting papers at professional conferences not only promotes networking opportunities for job placement, but also allows the fellows to receive professional feedback on their research projects. Frequently, participating in these types of conferences may also lead to collaboration opportunities on important cutting-edge research projects. We expanded our writing support services to include not only professional development writing workshops focusing on journal and manuscript publications, but also editorial assistance on grant proposals, conference papers, and reports. These services allow scholars to work with professional editors to help improve writing mechanics and contextual organization, as well as connect students to content experts in specific disciplines.to remain contemporary, we expanded our conference presentations to include a series of special topic panel discussions on best practices for comprehensive exam preparation and dissertation defenses as well as provide presentations on the significance of artificial intelligence; diversity, equity, and access; and the impact of new technologies on book and journal publication processes.furthermore, to ensure our scholars take full advantage of america's growing job markets and to provide adequate exposure to colleges and universities, governmental agencies, not-for-profit think tanks, and private sector corporate jobs, we expanded opportunities for job market exhibitors and recruiters to meet our scholars during our annual graduate school conferences.
Mcknight junior faculty fellowship program:the mcknight junior faculty fellowship program promotes excellence in teaching and research by underrepresented minorities and women. To improve their chances of earning tenure and promotion, fellows receive a one-year sabbatical with full salary and benefits. During the sabbatical, fellows are required to engage in research and training projects directly related to their efforts to secure tenure and promotion. While the participating university pays the fellow's salary, the fef pays the university $15,000 to assist with necessary teaching replacements and support costs. Since 1984, the fef has awarded 261 junior faculty fellowships to african americans, women, and other historically underrepresented minorities. (continued on schedule o)this includes five new junior faculty fellowships for the 2024-2025 academic year. The mcknight junior faculty fellowship program advances faculty diversity within Florida colleges and universities. Of the 261 fellows awarded since 1984, 106 have obtained tenure or promotion or have earned doctoral degrees.
Centers of excellence:established in 1985, the centers of excellence (coe's or centers) are community-based initiatives whose mission is to identify and motivate historically disadvantaged minority elementary and secondary students and ultimately increase the pool of these students motivated and qualified to enter college. This mission includes a) assuming a more proactive stance in the Education of youth; b) employing the development of a group achievement model for disadvantaged elementary and secondary students; and c) increasing the pool of students who are prepared, motivated and qualified to enter higher Education. (continued on schedule o)ten centers throughout Florida have inducted approximately 24,000 high achieving students into the national achievers society. Approximately 21,600 students have competed in the annual brain bowl scholarship competitions. Approximately 12,200 have participated in sat preparation and/or computer programming courses, after school programs and summer camps.

Grants made by Florida Education Fund

GranteeGrant descriptionAmount
North Florida Center of ExcellenceSame As Above$24,500

Who funds Florida Education Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way SuncoastAllocations, Designations, Disaster Relief Response, Grants & Program Impact Funding$48,334
The Bank of America Charitable FoundationProgram/operating Support$25,000
Pricewaterhousecoopers Charitable Foundation (PCCF)Education$25,000

Financials for Florida Education Fund

RevenuesFYE 06/2024
Total grants, contributions, etc.$4,297,294
Program services$46,550
Investment income and dividends$598,423
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$308,214
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,581
Total revenues$5,253,062
Data update history
April 22, 2025
Received grants
Identified 1 new grant, including a grant for $48,334 from United Way Suncoast
April 1, 2025
Used new vendors
Identified 2 new vendors, including , and
February 17, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 19, 2025
Used new vendors
Identified 1 new vendor, including
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Pricewaterhousecoopers Charitable Foundation (PCCF)
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
LobbyingState / local levelReceives government fundingProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
201 E Kennedy Blvd 1525
Tampa, FL 33602
Metro area
Tampa-St. Petersburg-Clearwater, FL
County
Hillsborough County, FL
Website URL
fefonline.org/ 
Phone
(813) 272-2772
IRS details
EIN
59-2783821
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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