EIN 59-2956529

Polk Education Foundation and Business Partnership

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1988
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Polk Education Foundation and Business Partnership links community resources with the educational needs of its students through various programs such as reading and mentoring initiatives, scholarships, school grants, and other education-related endeavors. Donors determine the selection criteria for scholarships, which mainly focus on need or academic ability. The Foundation provides grants to schools to assist them in various capacities, such as sharing innovative teaching practices through the teacher-to-teacher connection program. The Foundation is located in Bartow, FL.
Total revenues
$2,961,025
2023
Total expenses
$1,858,738
2023
Total assets
$11,030,068
2023
Num. employees
0
2023

Program areas at Polk Education Foundation and Business Partnership

Scholarships: in our annual scholarship program, donors decide the criteria used for selection, most focus on need and or academic ability. Awarded funds generally go directly to the institution rather than the student. Part of our scholarship program is our take stock in children (tsic) program, which not only provides a 2 or 4 year tuition scholarship for students in financial need, but each recipient is also matched with a mentor while they are in high school and gets to take advantage of other tsic support services such as study skills workshops, free cultural experiences and college tours.
Grants: the Foundation provides grants to assist schools in various capacities. The grant programs administered were: the teacher to teacher connection, which helps share innovative teaching practices and provides grant monies to classrooms to replicate those practices; stem Education grants, which provide supply money for stem lessons taught as part of the required curriculum; school matching grants, which offered a match for schools to use to raise local dollars to support literacy, low performers, professional development for teachers for graduation rate needs at their school.
Americorps Polk reads: provides one on one reading tutoring to kindergarten thru third grade students deemed below grade level by their classroom teacher. Trained reading tutors work with the teacher to determine skills taught and strategies used. Tutoring takes place during the school day in the child's regular reading block to avoid transportation issues to a tutoring program held before or after school. Most children that have been tutored in this program have gained at least one grade level in reading, most two. Additionally, tutors provide community service hours related to literacy.
Other program services: general - various award programs and direct assistance projects involving students/teachers directed towards motivating and rewarding various educational objectives.

Who funds Polk Education Foundation and Business Partnership

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Consortium of Florida Education Foundations (CFEF)Enhance Public Education at the Community Level$268,384
Take Stock in Children (TSIC)Mentoring$64,174
Universal Orlando FoundationThe Hearth Housing Program$64,000
...and 18 more grants received totalling $742,836

Personnel at Polk Education Foundation and Business Partnership

NameTitleCompensation
Susan CopelandExecutive Director$94,119
Matt MucciPresident$0
Gillian SmithBoard Member$0
Tracy MounceyPast President / Vice President / Director$0
Steve WarnerVice President / Treasurer / Director$0
...and 1 more key personnel

Financials for Polk Education Foundation and Business Partnership

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,654,323
Program services$0
Investment income and dividends$141,876
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$126,662
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$38,164
Total revenues$2,961,025

Form 990s for Polk Education Foundation and Business Partnership

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062022-11-10990View PDF
2021-062021-11-05990View PDF
2020-062021-02-22990View PDF
2019-062020-01-23990View PDF
...and 9 more Form 990s
Data update history
July 16, 2024
Updated personnel
Identified 11 new personnel
July 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $268,384 from The Consortium of Florida Education Foundations (CFEF)
December 31, 2023
Received grants
Identified 8 new grant, including a grant for $64,000 from Universal Orlando Foundation
Nonprofit Types
Civic / social organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1530 Shumate Dr
Bartow, FL 33830
Metro area
Lakeland-Winter Haven, FL
County
Polk County, FL
Website URL
polkeducationfoundation.org/ 
Phone
(863) 534-0519
IRS details
EIN
59-2956529
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Central organization
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