2025-05-05T17:56:05-05:00 2024-06-30 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2023-07-01 592420369 EDUCATION FOUNDATION OF PALM BEACH COUNTY INC EDUC 5614347303 505 SOUTH CONGRESS AVENUE BOYNTON BEACH FL 33426 JAMES S GAVRILOS PRESIDENT/CEO 5614347303 2025-05-05 1 1 JOHN CHENOWETH P01768153 5617989988 2025-05-05 2023 2025-03-06 01:10:19Z JAMES S GAVRILOS 505 SOUTH CONGRESS AVE BOYNTON BEACH FL 33426 11303436 0 X WWW.EDUCATIONFOUNDATIONPBC.ORG X 1984 FL THE FOUNDATION IS THE NEXUS OF PALM BEACH COUNTY'S PUBLIC SCHOOLS, THE PRIVATE SECTOR, AND THE COMMUNITY. IT FACILITATES STUDENT ACHIEVEMENT BY SUPPORTING HIGH QUALITY PUBLIC EDUCATION THROUGH PARTNERSHIP, GRANTS, EVENTS AND PUBLIC AWARENESS. THE FOUNDATION'S VISION IS TO ENSURE A PUBLIC SCHOOL SYSTEM IN PALM BEACH COUNTY WHERE EVERY STUDENT HAS THE OPPORTUNITY TO ACHIEVE TO HIS OR HER HIGHEST POTENTIAL. 38 38 12 250 0 0 8177356 10670502 0 0 32598 85748 36367 398005 8246321 11154255 187613 189974 0 0 933734 1061384 0 0 416251 2977602 3250140 4098949 4501498 4147372 6652757 8824795 23893630 1362459 2886283 7462336 21007347 X THE FOUNDATION IS THE NEXUS OF PALM BEACH COUNTY'S PUBLIC SCHOOLS, THE PRIVATE SECTOR, AND THE COMMUNITY. IT FACILITATES STUDENT ACHIEVEMENT BY SUPPORTING HIGH QUALITY PUBLIC EDUCATION THROUGH PARTNERSHIP, GRANTS, EVENTS AND PUBLIC AWARENESS. THE FOUNDATION'S VISION IS TO ENSURE A PUBLIC SCHOOL SYSTEM IN PALM BEACH COUNTY WHERE EVERY STUDENT HAS THE OPPORTUNITY TO ACHIEVE TO HIS OR HER HIGHEST POTENTIAL. 0 0 2374850 RED APPLE SUPPLY STORE: THIS PROGRAM IS A FREE SUPPLY STORE FOR TEACHERS PROVIDING CRITICAL SUPPLIES TO STUDENTS IN THE HIGHEST-NEEDS SCHOOLS IN THE DISTRICT. 437478 CAREER EDUCATION: THESE PROGRAMS SUPPORT STUDENTS IN PREPARING FOR CAREER AND POST-SECONDARY SUCCESS BEYOND HIGH SCHOOL. EXAMPLES INCLUDE THE CYBERSECURITY ACADEMY, BEHAVIORAL HEALTH TECHNICIAN, HVAC, FINANCE ACADEMY. 174974 174974 GO TEACH: PROVIDES INDIVIDUAL AND CLASSROOM GRANTS THAT ENCOURAGE EDUCATORS TO CREATE INNOVATIVE AND EXCITING EDUCATION OPPORTUNITIES FOR STUDENTS. 884072 15000 13987 OTHER PROGRAMS INCLUDE ACADEMIC IMPROVEMENT, WHICH PREPARES STUDENTS FOR COLLEGE READINESS AND SUCCESS, AND VARIOUS OTHER GRANT PROGRAMS WHICH SUPPORT EDUCATION. 884072 15000 13987 3871374 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X JAMES S GAVRILOS 5614347303 505 SOUTH CONGRESS AVE BOYNTON BEACH FL 33426 ALAN BASEMAN CHAIR, PROGRAM COMMITTEE 0.00 0.10 X X 0 0 0 LISA KING CHAIR, DEVELOPMENT COMMITTEE 0.00 0.10 X X 0 0 0 MARTY CASS TREASURER & CHAIR FINANCE COMMITTEE 0.00 0.10 X X 0 0 0 LISA PARK BOARD CHAIR 0.00 0.10 X X 0 0 0 JORDAN PAUL SECRETARY 0.00 0.10 X X 0 0 0 NADEGE BERNARD BOARD MEMBER 0.00 0.10 X 0 0 0 SUPT MICHAEL J BURKE BOARD MEMBER 0.00 0.10 X 0 0 0 JORGE CABRERA JR BOARD MEMBER 0.00 0.10 X 0 0 0 FRANK COMPIANI BOARD MEMBER 0.00 0.10 X 0 0 0 NICOLE DAGGS BOARD MEMBER 0.00 0.10 X 0 0 0 DAVID DOLAN BOARD MEMBER 0.00 0.10 X 0 0 0 LEANNE EVANS BOARD MEMBER 0.00 0.10 X 0 0 0 GEORGE FORMAN BOARD MEMBER 0.00 0.10 X 0 0 0 JORGE FUENTES BOARD MEMBER 0.00 0.10 X 0 0 0 RUTH GUERRA BOARD MEMBER 0.00 0.10 X 0 0 0 CELINA HOLSON BOARD MEMBER 0.00 0.10 X 0 0 0 KENNETH KAHN EXECUTIVE COMMITTEE MEMBER 0.00 0.10 X 0 0 0 MICHAEL KOHNER BOARD MEMBER 0.00 0.10 X 0 0 0 LUKE KURTZ BOARD MEMBER 0.00 0.10 X 0 0 0 BRITNYE KURTY BOARD MEMBER 0.00 0.10 X 0 0 0 MERDOCHEY LAFRANCE BOARD MEMBER 0.00 0.10 X 0 0 0 MAX MACON BOARD MEMBER 0.00 0.10 X 0 0 0 LAUREN MARCUM BOARD MEMBER 0.00 0.10 X 0 0 0 JAMES J MOORE IMMEDIATE PAST CHAIR & HR/COMPENSATION CHAIR 0.00 0.10 X 0 0 0 SOPHIA A NELSON BOARD MEMBER 0.00 0.10 X 0 0 0 GEORGE H PRUEGER BOARD MEMBER 0.00 0.10 X 0 0 0 MIKE PYCH BOARD MEMBER 0.00 0.10 X 0 0 0 KIMBERLY RECKLEY BOARD MEMBER 0.00 0.10 X 0 0 0 GREG SCHWINGHAMMER BOARD MEMBER 0.00 0.10 X 0 0 0 DR GLENDA SHEFFIELD BOARD MEMBER 0.00 0.10 X 0 0 0 TANYA SISKIND BOARD MEMBER 0.00 0.10 X 0 0 0 KELLY SMALLRIDGE BOARD MEMBER 0.00 0.10 X 0 0 0 CLAYTON TADLER BOARD MEMBER 0.00 0.10 X 0 0 0 JUAN TAGLE EXECUTIVE COMMITTEE MEMBER 0.00 0.10 X 0 0 0 MICHAEL THOMAS BOARD MEMBER 0.00 0.10 X 0 0 0 ED TIERNEY BOARD MEMBER 0.00 0.10 X 0 0 0 MEREDITH TRIM BOARD MEMBER 0.00 0.10 X 0 0 0 ERICA WHITFIELD BOARD MEMBER 0.00 0.10 X 0 0 0 JAMES GAVRILOS PRESIDENT / CEO 1.00 40.00 X 173803 0 21942 173803 0 21942 1 0 1 0 0 6444770 351000 3874732 1312727 10670502 85748 85748 533199 149181 384018 384018 OTHER INCOME 900099 13987 13987 13987 11154255 13987 0 469766 174974 174974 15000 15000 241533 157204 16609 67720 686063 461833 19388 204842 68688 39560 29128 65100 32216 7862 25022 13284 13284 123567 2000 49546 72021 3854 1354 2500 45710 5816 12375 27519 101894 88607 6644 6643 21034 11319 2252 7463 11489 11489 21071 8328 11716 1027 SCHOOL SUPPLIES 1325319 1325319 PROGRAM SUPPLIES AND EQ 742623 741129 1494 CONTRACT LABOR 581401 581401 PROGRAM MANAGEMENT 253178 212140 41038 5716 1685 4031 4501498 3871374 213873 416251 5672644 1134110 2656643 1281 2641508 523562 576194 15457598 1120927 523493 14336671 1540559 2125309 388093 385108 175163 38087 8824795 23893630 455783 515361 906676 2370922 1362459 2886283 X 2825172 11085167 4637164 9922180 7462336 21007347 8824795 23893630 6652757 68895 6823359 0 X X 0 1 X 1 0 X 3737366 3811806 4341407 8177356 10670502 30738437 3737366 3811806 4341407 8177356 10670502 30738437 2955650 27782787 441 175 55 31495 85748 117914 36367 13987 50354 30906705 533199 0.89890 0.84900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35052 500000 23059 558111 0 0 191051 76819 114232 15266547 1044108 14222439 14336671 CONSTRUCTION COSTS AND RETAINAGE 1589367 PASS-THROUGH FUNDS PAYABLE 781555 2370922 X 11669775 68895 297444 149181 515520 11154255 0 11154255 4948123 297444 149181 446625 4501498 0 4501498 PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEAR ENDED JUNE 30, 2024. THE FOUNDATION'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION FOR YEARS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 149,181. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 149,181. FORE OUR SCHOOLS GOLF TOURNAMENT 291358 291358 94495 HEROES FOR EDUCATION 5K 112213 112213 29271 3 129628 129628 25415 533199 533199 149181 149181 384018 1 PALM BEACH COUNTY SCHOOLS FOREST HILL BLVD WEST PALM BEACH FL 33406 596000783 174974 0 MINI GRANTS (GO TEACH) TO SCHOOLS JFK MEDICAL SCHOLARSHIPS 15 15000 SCHOLARSHIPS PART I, LINE 2: ALL SCHOLARSHIPS ARE PAID DIRECTLY TO THE SCHOOL. X 0 0 0 0 0 0 0 1 0 JAMES GAVRILOS PRESIDENT / CEO 153803 0 20000 0 0 0 0 0 21942 0 195745 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT/CEO IS DETERMINED BY THE CHAIRMAN OF THE BOARD AFTER CONSULTATION WITH THE BOARD'S EXECUTIVE COMMITTEE. THE PROCESS OF AN EVALUATION OF PERFORMANCE AND AREAS OF ACCOMPLISHMENT, STRENGTHS, AND SUGGESTIONS FOR IMPROVEMENT. COMPENSATION DATA FOR COMPARABLE POSITIONS AND QUALIFICATIONS IS CONSIDERED. THIS PROCESS IS DOCUMENTED IN WRITING. PART I, LINE 7 BONUSES WERE PAID IN CALENDAR YEAR 2024 AND INCLUDED ON THE EMPLOYEE'S W-2. X SCHOOL SUPPLIES 155214 1312727 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO ALL BOARD MEMBER FOR REVIEW PRIOR TO FILING AND THE TREASURER THEN MAKES A REPORT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY WAS ADOPTED IN 2009 AND DISCLOSURE IS ANNUALLY UPDATED. THE BOARD WILL REVIEW ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT/CEO IS DETERMINED BY THE CHAIRMAN OF THE BOARD AFTER CONSULTATION WITH THE BOARD'S EXECUTIVE COMMITTEE. THE PROCESS OF AN EVALUATION OF PERFORMANCE AND AREAS OF ACCOMPLISHMENT, STRENGTHS, AND SUGGESTIONS FOR IMPROVEMENT. COMPENSATION DATA FOR COMPARABLE POSITIONS AND QUALIFICATIONS IS CONSIDERED. THIS PROCESS IS DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE DOCUMENTS ARE PROVIDED IN PAPER FORM. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.