EIN 59-2949915

Public Education Foundation of Marion County

IRS 501(c) type
501(c)(3)
Num. employees
7
City
State
Year formed
1988
Most recent tax filings
2022-06-01
Description
Supports Marion County Public Schools by focusing community interest on public education and offering innovative curriculum, grants, mentoring, and scholarships.
Total revenues
$2,235,656
2022
Total expenses
$1,871,846
2022
Total assets
$3,741,545
2022
Num. employees
7
2022

Program areas at Public Education Foundation of Marion County

Take stock in children is a program for deserving low-income children in Marion County to escape the cycle of poverty by offering students college scholarships if they follow program guidelines. Each student is also provided a caring volunteer mentor that meets with the student once a week for all 4 years of high school. The goal is to reduce high school drop-outs and increase the number of students who finish college. During the 2021- -2022 year there were 219 active middle and high school students in the program with each of those students having a 100% mentor match. There are 181 active student mentors with some mentoring more than 1 student. College tuition scholarships was awarded to the 41 students in the graduating class of 2022. The program boasts a 97% high school graduation rate compared to 80% of their at-risk peer group.
Grants for great ideas is a competitive grant program open to all Marion County Public schools teachers and principals. The grants provide financial resources to implement creative and innovative curriculum and programs in the areas of stem Education, literacy, assisting low- performing students, increasing graduation rates, career and technical Education, and supporting students in need, including mental health and wellness initiatives. The grant applications are scored by a group of community volunteers and Foundation board members. Grants are scored on the following criteria: 1. Addresses a need or creates an opportunity. 2. Will positively impact student learning. 3. Measurable outcomes are realistic. 4. Follow-up evaluation. 5. Number of low performing and overall students impacted. During the 2021-22 school year, approximately 90,000 in grants for great ideas projects was awarded.
Tools 4 teaching is designed to allow teachers to obtain free teaching materials and other free supplies for their classrooms and students in need. The goal is to allow both teachers and students to have the tools necessary for success. All Marion County Public school teachers may shop once a month for free supplies. Teachers who have the materials and supplies necessary to teach are more motivated to teach and the quality of their teaching is improved. In past surveys, teachers reported that having adequate school supplies improved student grades, attendance and behavior. During the 2021-2022 year, tools 4 teaching hosted a total of 6,767 shopping trips & provided over 748,500 in free supplies.
Other programs of the Foundation such as the school business partner program, golden apple teacher recognition program, school related employee of the year program, teacher to be scholarship program, senior scholarship program and the silver river science lab & Education center initiative all expand support for Marion County Public schools. School business partners is a program that establishes relationships between Public schools and the business community to enhance educational excellence. These partnerships are multi-year commitments in which businesses provide additional funding for campus-wide projects. 100% of Marion County Public schools were partnered during the 2021-2022 school year.

Who funds Public Education Foundation of Marion County

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Take Stock in Children (TSIC)Mentoring$161,892
The Consortium of Florida Education Foundations (CFEF)Enhance Public Education at the Community Level$102,532
Suncoast Credit Union Foundation2021-2022 Funding$15,000
...and 8 more grants received

Personnel at Public Education Foundation of Marion County

NameTitleCompensation
Meghan MagamollExecutive Director$5,875
Rebecca CherryTeaching Manager
Madeleine AlejandrinoBookkeeper
Judith ZanettiPast Executive Director - R$0
George KirklandTreasurer$0
...and 4 more key personnel

Financials for Public Education Foundation of Marion County

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,163,364
Program services$0
Investment income and dividends$10,264
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$17,453
Net income from fundraising events$44,575
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,235,656

Form 990s for Public Education Foundation of Marion County

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-06990View PDF
2019-062020-09-16990View PDF
2018-062019-04-15990View PDF
2017-062018-04-10990View PDF
2016-062017-08-18990View PDF
...and 6 more Form 990s
Data update history
May 11, 2023
Received grants
Identified 2 new grant, including a grant for $157,439 from Take Stock in Children (TSIC)
July 22, 2022
Received grants
Identified 2 new grant, including a grant for $5,000 from TD Charitable Foundation
July 2, 2022
Posted financials
Added Form 990 for fiscal year 2020
June 30, 2022
Used new vendors
Identified 4 new vendors, including , , , and
June 1, 2022
Updated personnel
Identified 10 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
1239 NW 4th St
Ocala, FL 34475
Metro area
Ocala, FL
County
Marion County, FL
Website URL
pefmc.org/ 
Phone
(352) 671-4167
IRS details
EIN
59-2949915
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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