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EIN 59-6139568

Florida Bankers Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Tallahassee
State
Florida
Year formed
1956
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
It is the mission of the Florida Bankers Educational Foundation to serve as a financial resource for Florida college students seeking a career in banking.
Related structure
Florida Bankers Educational Foundation is a subordinate organization under Florida Bankers Association.
Total revenues
$269,932
2023
Total expenses
$353,559
2023
Total assets
$2,762,765
2023
Num. employees
0
2023

Program areas at Florida Bankers Educational Foundation

The Foundation grants scholarship/loan assistance to Bankers seeking to advance their college education and/or professional development. All loans granted contain a forgiveness feature which states that after a student graduates from college, the loan will be forgiven if the graduate completes one year of full-time continuous employment with a Florida bank. In 2022 - 2023, the Foundation granted 3 scholarship/loan for $8,500 and forgave in full 1 scholarship/loan for a total of $5,600.

Who funds Florida Bankers Educational Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Independent Community Bankers of America (ICBA)Charitable Donation To Support Community Bankers Affected By Hurricane Ian.$25,000

Personnel at Florida Bankers Educational Foundation

NameTitleCompensation
Lesley JordanChief Financial Officer$0
Leticia NewtonExecutive Director$0
Bethany H CorumVice Chair$0
Susan Payne TurnerChair$0
W Ben FlowersChairman / Chair / Director$0
...and 2 more key personnel

Financials for Florida Bankers Educational Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$284,166
Program services$0
Investment income and dividends$67,239
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-83,796
Net income from fundraising events$2,315
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8
Total revenues$269,932

Form 990s for Florida Bankers Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-31990View PDF
2022-062023-01-31990View PDF
2021-062022-02-01990View PDF
2020-062021-04-06990View PDF
2019-062020-08-27990View PDF
...and 9 more Form 990s
Data update history
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Independent Community Bankers of America (ICBA)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 2 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Fundraising eventsPeer-to-peer fundraisingState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
PO Box 1360
Tallahassee, FL 32302
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
floridabankers.com/ 
Phone
(850) 224-2265
IRS details
EIN
59-6139568
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1956
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
Subordinate organization
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