2024-01-30T08:21:35-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 650551178 MONROE COUNTY EDUCATION FOUNDATION INC MONR 3052931400 241 TRUMBO ROAD KEY WEST FL 33040 BRYAN GREEN PRESIDENT 3052931400 2024-01-29 1 BRYAN GREEN 999009999 0 LACEY M QUATSOE P01300865 4078021200 2024-01-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRYAN GREEN 241 TRUMBO ROAD KEY WEST FL 33040 2225345 0 X WWW.MONROECOUNTYEDFOUND.COM X 1995 FL TO AID, SUPPLEMENT, IMPROVE, ENHANCE AND COMPLEMENT THE ACTIVITIES OF THE PUBLIC SCHOOL SYSTEM. 14 14 0 350 0 0 1895918 2205741 0 0 361 16675 0 2929 1896279 2225345 1104932 1231967 0 0 187743 88437 0 0 0 111265 143120 1403940 1463524 492339 761821 14476181 15052497 1303 1345 14474878 15051152 X TO SUPPORT ACTIVITIES THAT ARE DIRECTED TOWARD AIDING, SUPPLEMENTING, IMPROVING, ENHANCING AND COMPLEMENTING THE ACTIVITIES OF THE PUBLIC SCHOOL SYSTEM AND PROVIDE SCHOLARSHIPS FOR MONROE COUNTY STUDENTS. 0 0 1226562 1087905 THE MONROE COUNTY EDUCATION FOUNDATION (MCEF), THROUGH ITS FLAGSHIP PROGRAM TAKE STOCK IN CHILDREN (TSIC), PROVIDES FUNDING, SUMMER EDUCATIONAL ENHANCEMENT OPPORTUNITIES, AND MENTORSHIP TO HELP MONROE COUNTY STUDENTS ACHIEVE THEIR POTENTIAL. MCEF PROVIDES ACCESS TO HIGHER EDUCATION FOR FLORIDA STUDENTS WHO ARE AT RISK OF NOT ATTENDING COLLEGE OR UNIVERSITY. THROUGH THE PROGRAM, MCEF MATCHES AT RISK STUDENTS WITH MENTORS, GUIDES STUDENTS IN MAKING SMART CAREER CHOICES, AND GUARANTEES RESOURCES SO THAT MONROE COUNTY STUDENTS MAY COMPLETE A COLLEGE DEGREE OR CERTIFICATE. TSIC MONROE GRANTS COLLEGE SCHOLARSHIPS UPON HIGH SCHOOL GRADUATION TO QUALIFIED 7TH-12TH GRADE STUDENT-RECIPIENTS OF LOW-INCOME FAMILIES RESIDING IN THE COUNTY. (CONTINUED ON SCHEDULE O.)TSIC MONROE IS AN AWARD WINNING MODEL IN THE STATE OF FLORIDA, A CONCERTED ENDEAVOR CONSISTING OF APPROXIMATELY 350 DEDICATED VOLUNTEER MENTORS AND STUDENTS WITH A NETWORK OF INDIVIDUAL DONORS, CORPORATE SPONSORS AND A HARDWORKING STAFF. MCEF RECOGNIZED THE ACCOMPLISHMENTS AND CELEBRATED THE GRADUATION OF 62 TSIC SCHOLARS IN MAY 2023 DURING A LIVE OUTDOOR CEREMONY. APPROXIMATELY 1,018 STUDENTS FROM MONROE COUNTY HAVE RECEIVED SCHOLARSHIPS SINCE THE PROGRAM WAS FOUNDED. 76062 76062 EXPERIMENT IN INDIVIDUAL LIVING (EIL), MONROE COUNTY IS A COMPANION PROGRAM THAT'S BEEN SPONSORED BY MCEF SINCE 2006. AREA HIGH-SCHOOL STUDENTS BENEFIT FROM THE EXPERIENCE OF LIVING ABROAD WITH FAMILIES FOR 3 TO 5 WEEKS DURING THE SUMMER. A VARIETY OF PROGRAM THEMES ARE DESIGNED TO INSTILL A DEEPER CULTURAL AWARENESS, NURTURE RELATIONSHIPS THROUGH THE DEVELOPMENT OF LANGUAGE SKILLS, AND ENCOURAGE MANY OTHER HANDS-ON ACTIVITIES. EIL HAS OFFERED THESE OPPORTUNITIES, NATIONALLY, SINCE 1932. IN A RECENT STUDY, OUR ACADEMIC AFFAIRS COMMITTEE FOUND A HIGH RATE OF COLLEGE COMPLETION AMONG TSIC WHO, WHILE IN HIGH SCHOOL, TOOK PART IN AN EIL TRIP. OF THE 14 TSIC STUDENTS WHO MET THE STUDY CRITERIA, 13 (93%) EARNED AT LEAST AN ASSOCIATE'S DEGREE, 10 OF THE 14 (71%) EARNED A BACHELOR'S DEGREE. BOTH STATISTICS ARE WELL ABOVE THE AVERAGES FOR COLLEGE COMPLETION PERCENTAGES FOR ALL TSIC STUDENTS IN GENERAL. 72425 COLLEGE AND CAREER READINESS PROJECTS ADDRESS THE CHALLENGES FACING AT-RISK, LOW-INCOME STUDENTS ON A PATH TOWARDS HIGH SCHOOL COMPLETION AND POST-SECONDARY ENROLLMENT. THESE INITIATIVES PREPARE PARTICIPANTS FOR COLLEGE AND CAREER PURSUITS AFTER HIGH SCHOOL, WHETHER THEY ENROLL IN COLLEGE OR A CAREER-TECHNICAL EDUCATION PROGRAM, AND PROVIDES SUPPORT ALONG THE SECONDARY EDUCATION CONTINUUM WITH WORKSHOPS AND RESOURCES FOCUSED ON PREPAREDNESS AND SUCCESS IN COLLEGE AND CAREER.LEADERSHIP EXCELLENCE IS A YOUTH LEADERSHIP PROGRAM THAT PROMOTES ACCELERATING POTENTIAL. SPONSORED BY THE MCEF, IT'S HOSTED BY THE UNIVERSITY OF CALIFORNIA, LOS ANGELES (UCLA) AND IS AVAILABLE TO ALL MONROE COUNTY STUDENTS. ACCOMPLISHED MENTORS INSPIRE HIGH SCHOOL AND COLLEGE STUDENTS TO DEVELOP INVALUABLE LEARNING SKILLS ESSENTIAL FOR SUCCESS. 68000 68000 STUDENTS ARE EMPOWERED TO DEVELOP AND APPLY IN-DEMAND, TRANSPORTABLE SKILLS BY EXPLORING REAL-WORLD CHALLENGES. THROUGH OUR PATHWAYS IN COMPUTER SCIENCE, ENGINEERING, AND BIOMEDICAL SCIENCE, STUDENTS NOT ONLY LEARN TECHNICAL SKILLS, BUT ALSO LEARN TO SOLVE PROBLEMS, THINK CRITICALLY AND CREATIVELY, COMMUNICATE, AND COLLABORATE. WE ALSO PROVIDE TEACHERS WITH THE TRAINING, RESOURCES, AND SUPPORT THEY NEED TO ENGAGE STUDENTS IN REAL-WORLD LEARNING. 68000 68000 1443049 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 FL X X CHUCK LICIS-MASSON 3052931546 241 TRUMBO RD KEY WEST FL 33040 X BRYAN GREEN PRESIDENT 1.25 X X 0 0 0 CHUCK LICIS-MASSON TSIC COORDINATOR/EXECUTIVE DIRECTOR 5.00 X X 0 0 0 ROXY CASTRO TREASURER 5.00 X X 0 0 0 MARY CHAMBERS SECRETARY 0.50 X X 0 0 0 JOHN PADGET PRESIDENT EMERITUS 0.25 X 0 0 0 BEVERLY ANDERS DIRECTOR - THRU 5/1/23 0.25 X 0 0 0 THERESA AXFORD DIRECTOR 0.25 X 0 0 0 LAURA CIAMPA DIRECTOR 0.25 X 0 0 0 BRUCE COHEN DIRECTOR 0.25 X 0 0 0 ALYSON CREAN DIRECTOR 0.25 X 0 0 0 JEFF FROST DIRECTOR 0.25 X 0 0 0 BILL GOLDNER DIRECTOR - THRU 5/1/23 0.25 X 0 0 0 JACKSON KAUFELT DIRECTOR - THRU 3/1/23 0.25 X 0 0 0 PEG LARON DIRECTOR 0.25 X 0 0 0 WAYNE MILLER DIRECTOR - THRU 5/1/23 0.25 X 0 0 0 BRYANT PANTANO DIRECTOR 0.25 X 0 0 0 HOLLY RASCHEIN DIRECTOR 0.25 X 0 0 0 RON SAUNDERS DIRECTOR 0.25 X 0 0 0 DAMIAN VANTRIGLIA DIRECTOR - THRU 3/1/23 0.25 X 0 0 0 TOM WILSON DIRECTOR - THRU 5/1/23 0.25 X 0 0 0 0 0 0 0 0 0 0 0 1200325 1005416 2205741 16675 16675 FL LICENSE PLATE 900099 2179 2179 LEAP REVENUE 900099 750 750 2929 2225345 0 0 19604 1231967 1231967 88437 88437 20475 20475 18814 18814 7383 7383 4088 4088 81446 81446 1020 1020 DUES AND SUBSCRIPTIONS 5197 5197 4697 4697 1463524 1443049 20475 0 287990 808866 418514 47208 102952 7378 3925 13612729 14239116 14476181 15052497 1303 1345 1303 1345 X 66078 50210 14408800 15000942 14474878 15051152 14476181 15052497 X 761821 -185547 X 0 1 X 1 1 1 X 1418260 2778307 842949 1895918 2205741 9141175 260523 232938 285429 215275 395342 1389507 1678783 3011245 1128378 2111193 2601083 10530682 8959 10521723 434 3812 437 361 16675 21719 2929 2929 10555330 0.99680 0.99800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FL LICENSE PLATE - 2022 AMOUNT: $ 2,179. LEAP REVENUE - 2022 AMOUNT: $ 750. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PREPAID SCHOLARSHIPS AND LOCAL FEE PLANS 12070940 PREPAID DORMITORY PLANS 2168176 14239116 X 2435140 395342 -185547 209795 2225345 0 2225345 1858866 395342 395342 1463524 0 1463524 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) AND ACCORDINGLY NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX FILING THAT ARE NOT CERTAIN TO BE REALIZED. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON PREPAID SCHOLARSHIPS -185,547. 1 COLLEGE SCHOLARSHIPS 258 1087905 N/A N/A PROJECT LEAD THE WAY ASSISTANCE 3163 68000 N/A N/A EIL TRAVEL PROGRAM 15 76062 N/A N/A PART I, LINE 2: FUNDING IS BASED ON SPECIFIED CRITERIA AS DETERMINED AND MONITORED ANNUALLY BY MANAGEMENT AND THE BOARD OF DIRECTORS. SCHOLARSHIPS ARE PAID DIRECTLY TO THE INSTITUTIONS TO ENSURE APPROPRIATE USE OF FUNDS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE PRESIDENT, THE SUPERINTENDENT, RECORDING SECRETARY, TREASURER AND ANY TWO ELECTED DIRECTORS TO BE SELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY DESIGNATED BY THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION BETWEEN MEETINGS OF THE BOARD. MINUTES OF THE EXECUTIVE COMMITTEE WILL BE DISTRIBUTED TO EVERY BOARD MEMBER PRIOR TO THE NEXT REGULAR BOARD MEETING. THE EXECUTIVE COMMITTEE MAY NOT AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF DIRECTORS, NOR ENTER INTO ANY TRANSACTION TO WHICH THE FOUNDATION IS A PARTY, AND IN WHICH ONE OR MORE OF THE DIRECTORS HAS A MATERIAL FINANCIAL INTEREST. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CATEGORIES: (A) MENTOR MEMBER. RECOGNIZING THE DEDICATION AND SERVICE OF MENTORS IN THE TSIC PROGRAM, ALL MENTORS IN ACTIVE SERVICE, (AND MENTORS WHO HAVE SERVED) AND MENTORS WHO HAVE QUALIFIED FOR FUTURE DUTY SHALL BE MEMBERS OF THIS FOUNDATION, WITHOUT PAYMENT OF DUES. (B) INDIVIDUAL MEMBER. INDIVIDUALS WHO SUPPORT THE PURPOSE AND OBJECTIVES OF THIS FOUNDATION CAN JOIN UPON PAYMENT OF ANNUAL DUES AS DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF MCEF THAT ITS BOARD MEMBERS, COMMITTEE MEMBERS, AND EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. IT IS THE POLICY OF MCEF THAT THESE INDIVIDUALS HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO PRESUMPTION OF GUILT IS CREATED BY THE MERE EXISTENCE OF A RELATIONSHIP WITH OUTSIDE FIRMS. HOWEVER, IF ANY SUCH PERSON HAS ANY INFLUENCE ON TRANSACTIONS INVOLVING PURCHASES, CONTRACTS, OR LEASES, IT IS IMPERATIVE THAT HE OR SHE DISCLOSES TO AN OFFICER OF MCEF AS SOON AS POSSIBLE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. EVERY MEMBER OF THE BOARD REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON PREPAID SCHOLARSHIPS -185,547.