2026-02-16T12:07:49-06:00 2025-06-30 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2024-07-01 592688253 PINELLAS COUNTY EDUCATION FOUNDATION INC PINE 7275884816 12090 STARKEY ROAD LARGO FL 337732727 KIMBERLY JOWELL CEO 7275884816 2026-01-22 1 1 LISA BURKE P00220718 8169455500 2024 2025-03-06 01:10:19Z PINELLAS EDUCATION FOUNDATION KIMBERLY JOWELL 12090 STARKEY ROAD LARGO FL 337732727 20383562 0 X PINELLASEDUCATION.ORG X 1986 FL ACCELERATE ACADEMIC ACHIEVEMENT FOR ALL STUDENTS THROUGH INNOVATION, RELATIONSHIPS, AND RESOURCES. 31 31 38 4303 0 0 8473323 7671010 0 0 1323207 1610434 -21615 -7542 9774915 9273902 2998286 6394014 0 0 2024590 2333185 0 0 400013 2876737 1250824 7899613 9978023 1875302 -704121 51103915 50240089 844462 758888 50259453 49481201 X WE ACCELERATE ACADEMIC ACHIEVEMENT FOR ALL STUDENTS THROUGH THE EFFECTIVE MOBILIZATION OF INNOVATION, RELATIONSHIPS, AND RESOURCES. (CONTINUED ON SCHEDULE O)OUR WORK CENTERS AROUND ENSURING EVERY STUDENT HAS ACCESS AND OPPORTUNITY TO BENEFIT FROM A HIGH-QUALITY EDUCATION SO THAT THEY ARE PREPARED FOR LIFE AFTER HIGH SCHOOL, WHETHER THE CHOICE IS TO ATTEND COLLEGE, TO ENTER THE WORKFORCE, OR TO OBTAIN TECHNICAL TRAINING. 0 0 3007570 2224294 OUR TAKE STOCK IN CHILDREN (TSIC) PROGRAM IS A LONG-TERM INITIATIVE THAT PAIRS LOW-INCOME STUDENTS WITH CARING MENTORS, COLLEGE SUCCESS COACHES AND GIVES THEM A COMMITMENT OF A COLLEGE SCHOLARSHIP. STUDENTS ENTER THE PROGRAM BETWEEN THE GRADES OF 6-9 AND WE CONTINUE TO SUPPORT THEM THROUGH THEIR HIGH SCHOOL GRADUATION. STUDENTS MUST MAINTAIN AT LEAST A 'C' AVERAGE IN ALL CLASSES, MEET REGULARLY WITH THEIR MENTOR, REMAIN DRUG AND CRIME-FREE, ATTEND COLLEGE SUCCESS PLANNING MEETINGS, AND GRADUATE FROM HIGH SCHOOL. WE PROVIDE RESOURCES AND SUPPORT FROM THE TIME STUDENTS ENTER THE PROGRAM THROUGH THEIR POSTSECONDARY ATTAINMENT, SERVING APPROXIMATELY 1,100 STUDENTS ANNUALLY. SINCE ITS INCEPTION, TSIC HAS MAINTAINED A HIGH SCHOOL GRADUATION RATE OF 96% OR HIGHER. IN THE 24-25 SCHOOL YEAR, TSIC HAD A 99% GRADUATION RATE. 2976622 1713512 OTHER PROGRAMS AND DISTRICT SUPPORT: WE HOST EVENTS LIKE THE EVENING OF EXCELLENCE, OUR ANNUAL TEACHER OF THE YEAR CELEBRATION, AND WALKER'S RISING STARS SCHOLARSHIP PROGRAM, A COMPETITION HONORING THE DISTRICT'S TOP STUDENT PERFORMERS IN THE ARTS, INCLUDING VISUAL AND CULINARY ARTISTS. 964131 898312 WE AWARDED OVER 200 SCHOLARSHIPS ENTRUSTED TO US BY THE COMMUNITY TO AWARD GRADUATING HIGH SCHOOL SENIORS. THESE SCHOLARSHIPS VARY IN AMOUNT BASED ON THE CRITERIA SET BY DONORS WHO FUND THEM, WHO MAY FOCUS ON SPECIFIC MAJORS, VOLUNTEER HOURS, ACADEMIC ACHIEVEMENTS, SPORTS, OR FINANCIAL NEEDS. STUDENTS APPLY FOR THESE SCHOLARSHIPS THROUGH OUR WEBSITE, WHERE A SINGLE APPLICATION IS PROCESSED FOR ALL SCHOLARSHIPS THAT THE STUDENT MEETS THE CRITERIA. SCHOLARSHIPS CAN BE EITHER ONE-TIME AWARDS OR RENEWABLE FOR STUDENTS WHO CONTINUE TO MEET QUALIFICATIONS THROUGHOUT THEIR POST-SECONDARY EDUCATION. STUDENTS MUST BE ENROLLED AS SENIORS IN PINELLAS COUNTY SCHOOLS, AND THESE SCHOLARSHIPS ARE SEPARATE FROM OUR TAKE STOCK IN CHILDREN MENTORING PROGRAM SCHOLARSHIPS. 818871 511263 CURRICULUM ENRICHMENTS:WE ENRICH THE LEARNING EXPERIENCE OF STUDENTS AND TEACHERS BY AWARDING GRANTS THAT FUND INNOVATIVE CLASSROOM PROJECTS BEYOND THE STANDARD CURRICULUM, HANDS ON LEARNING OPPORTUNITIES THAT INCREASE LEARNING AS WELL AS FOSTER AND DEVELOP ESSENTIAL LIFE SKILLS.ONE OF OUR SIGNATURE INITIATIVES, ENTERPRISE VILLAGE, HELPS FIFTH-GRADE STUDENTS DEVELOP BASIC ECONOMIC CONCEPTS AND UNDERSTAND THE PROCESS BETWEEN BUSINESSES AND CONSUMERS. DURING A ONE-DAY FIELD TRIP, STUDENTS CAN WORK IN ONE OF 20+ PROFESSIONS, TAKE BREAKS, RECEIVE PAYCHECKS AND MAKE PURCHASES. EVERY FIFTH-GRADE STUDENT IN PINELLAS COUNTY SCHOOLS VISITS ENTERPRISE VILLAGE. FINANCE PARK IS A SIMILAR REALITY-BASED PROGRAM DESIGNED TO TEACH PERSONAL FINANCIAL MANAGEMENT AND INTRODUCE MONETARY DECISION-MAKING. EVERY EIGHTH-GRADE STUDENT IN PINELLAS COUNTY SCHOOLS VISITS FINANCE PARK. 763868 657695 WE STRATEGICALLY FOCUS ON LITERACY ACHIEVEMENT BECAUSE RESEARCH CONSISTENTLY SHOWS THAT READING AT GRADE LEVEL BY THIRD GRADE IS A STRONG PREDICTOR OF A STUDENT'S LONG-TERM ACADEMIC SUCCESS, LAYING A SOLID FOUNDATION FOR THEIR ENTIRE EDUCATIONAL JOURNEY. WE HAVE TWO KEY PROGRAMS COMMITTED TO IMPROVING LITERACY OUTCOMES: THE PINELLAS EARLY LITERACY INITIATIVE (PELI) AND CLOSING THE GAP. PELI FOCUSES ON INCREASING PROFESSIONAL DEVELOPMENT AND COACHING FOR PRE-K THROUGH 2ND-GRADE TEACHERS. NOW ENTERING ITS FIFTH YEAR IN OUR SCHOOL DISTRICT, PELI AIMS TO INCREASE THE NUMBER OF STUDENTS READING AT GRADE LEVEL BY THIRD GRADE THROUGH TARGETED PROFESSIONAL DEVELOPMENT AND COACHING. SINCE THE START OF THIS PROGRAM, 94% OF PARTICIPATING PELI SCHOOLS HAD SIGNIFICANT GAINS IN ENGLISH LANGUAGE ARTS PROFICIENCY. THIS PAST YEAR, 350 TEACHERS PARTICIPATED IN PROFESSIONAL DEVELOPMENT FOCUSED ON LITERACY AND IMPROVING INSTRUCTIONAL STRATEGIES. CLOSING THE GAP ADDRESSES THE GENDER ACHIEVEMENT GAP IN LITERACY WITHOUT OUR SCHOOLS. THIS INITIATIVE PROVIDES PROFESSIONAL DEVELOPMENT FOR TEACHERS AND ADMINISTRATORS, EQUIPPING THEM WITH RESEARCH-BASED PRACTICES TO HELP MALE STUDENTS IMPROVE THEIR FOCUS AND COMPREHENSION. THIS PAST YEAR, WE HAD 9 SCHOOLS CLOSE THE GENDER ACHIEVEMENT LITERACY GAP. 469966 388938 COLLEGE AND CAREER READINESS:WE STRATEGICALLY INVEST IN PROGRAMS THAT PREPARE STUDENTS FOR POST-SECONDARY EDUCATION OR EQUIP THEM WITH THE SKILLS THEY NEED TO ENTER THE WORKFORCE. COLLEGE AND CAREER CENTERS ARE LOCATED IN EVERY HIGH SCHOOL IN PINELLAS COUNTY AND SERVE AS SUPPORT HUBS FOR STUDENTS AND FAMILIES TO PROVIDE INDIVIDUALIZED AND TARGETED ASSISTANCE TO NAVIGATE THE COLLEGE ADMISSIONS PROCESS. THIS INCLUDES CAREER EXPLORATION, COLLEGE EXPLORATION, APPLICATION SUBMISSION, SAT/ACT PREPARATION, COLLEGE FAIRS AND EVENTS, AND FINANCIAL AND SCHOLARSHIP PLANNING. 2052705 1557896 9001028 1 1 0 1 0 0 0 0 0 1 1 0 0 1 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 1 0 0 0 1 82 0 1 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X X TAMMY MORROW HIMES CONTROLLER 7275884816 12090 STARKEY ROAD LARGO FL 337732727 ROBERT BYELICK CHAIRMAN 5.25 X X 0 0 0 PIERRE CARAMAZZA VICE CHAIR 1.75 X X 0 0 0 STEVE MCMULLEN TREASURER 2.50 X X 0 0 0 SUSAN JOHNSON SECRETARY 2.50 X X 0 0 0 TASH ELWYN IMMEDIATE PAST CHAIR 1.50 X X 0 0 0 JOSEPH BAKER DIRECTOR 0.75 X 0 0 0 DOUGLAS BISHOP DIRECTOR 0.75 X 0 0 0 JOSH BOMSTEIN DIRECTOR 1.50 X 0 0 0 JOHNNY BOYKINS DIRECTOR 2.00 X 0 0 0 CATHY COLLINS DIRECTOR 0.75 X 0 0 0 RICHARD CRIPPEN DIRECTOR 0.25 X 0 0 0 DAN DOHERTY DIRECTOR 0.75 X 0 0 0 MARK FERNANDEZ DIRECTOR 0.75 X 0 0 0 RENE FLOWERS DIRECTOR 0.75 X 0 0 0 JENNIFER GALLEY DIRECTOR 0.75 X 0 0 0 BILL GOEDE DIRECTOR 0.75 X 0 0 0 MICHAEL HARPOLE DIRECTOR 0.25 X 0 0 0 CHARLES HARRIS DIRECTOR 0.75 X 0 0 0 KEVIN HENDRICK DIRECTOR 0.75 X 0 0 0 LAURA HINE DIRECTOR 0.25 X 0 0 0 MITCHELL LEE DIRECTOR 0.75 X 0 0 0 ROBERT MCINTYRE DIRECTOR 1.50 X 0 0 0 JAMES MYERS DIRECTOR 1.50 X 0 0 0 JEFF NELSON DIRECTOR 0.75 X 0 0 0 IRWIN NOVACK DIRECTOR 0.75 X 0 0 0 WILLIAM PINGLETON DIRECTOR 0.75 X 0 0 0 AMY RETTIG DIRECTOR 0.75 X 0 0 0 WG SPOOR DIRECTOR 1.25 X 0 0 0 ELLEN STAVROS DIRECTOR 0.75 X 0 0 0 DANIELLE WEITLAUF DIRECTOR 0.75 X 0 0 0 BEN WIEDER DIRECTOR 0.75 X 0 0 0 JEFFREY WALKER DIRECTOR (TERM END 05/16/25) 0.75 X 0 0 0 KIM JOWELL CEO 40.00 X 264582 0 4368 TAMMY HIMES CONTROLLER 40.00 X 99988 0 7807 LISA FASTING CHIEF PROGRAMS OFFICER 40.00 X 123079 0 3780 ELIZABETH SZOSTAK CHIEF DEVELOPMENT OFFICER 40.00 X 104450 0 12767 592099 0 28722 3 0 1 0 0 146124 86270 684555 6754061 192683 7671010 976223 976223 11712871 11074418 4242 638453 -4242 634211 634211 10780 86270 31000 -20220 -20220 12678 12678 12678 9273902 0 0 1602892 1645487 1645487 4748527 4748527 334062 135161 142332 56569 1643722 1274021 144537 225164 41060 35124 5936 171175 138059 10089 23027 143166 105011 18613 19542 11456 7236 3175 1045 73658 58451 6653 8554 16086 16086 156184 156184 91829 58620 25683 7526 21595 16394 2201 3000 197452 152534 28917 16001 142882 112652 12895 17335 6001 4762 542 697 25153 21530 1114 2509 456930 441671 9092 6167 25182 8411 12713 4058 26416 21291 2242 2883 9978023 9001028 576982 400013 490697 4198 765528 1654136 3762719 2761858 51518 64580 194651 115792 50178 78859 26001245 28394931 1262567 1201959 18719463 16079568 51103915 50240089 377329 276300 308860 321861 158273 160727 844462 758888 X 4224963 6869373 46034490 42611828 50259453 49481201 51103915 50240089 X -704121 1301400 548578 -1924109 X X 0 1 X 1 1 1 X 7056857 7598410 8212179 8473323 7671010 39011779 7056857 7598410 8212179 8473323 7671010 39011779 1866954 37144825 348916 429849 606557 817901 976223 3179446 42191225 12678 0.88040 0.85020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16086 5 16091 9961932 9978023 648901 162225 0 0 648901 648901 973352 16091 16091 162225 162225 243338 16086 16086 4308882 459850 136105 4632627 3909960 499438 100516 4308882 3851200 141491 82731 3909960 3851200 62132 62132 3851200 3851200 1113519 1113519 3851200 0.00000 1.00000 0.00000 0 0 126482 68826 57656 68169 46966 21203 78859 FLORIDA PREPAID SCHOLARSHIPS 16044308 RIGHT-OF-USE ASSETS 35260 16079568 OBLIGATIONS UNDER SPLIT INTEREST AGREEMENTS 125468 LEASE LIABILITIES 35259 160727 X 9213463 1301400 702212 2003612 7209851 156184 1907867 2064051 9273902 9991715 153634 16242 169876 9821839 156184 156184 9978023 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE COMPRISED OF THE TAKE STOCK IN CHILDREN AND STAVROS INSTITUTE ENDOWMENTS. THE TAKE STOCK IN CHILDREN ENDOWMENT WAS ESTABLISHED TO PROVIDE DESERVING PINELLAS COUNTY SCHOOL STUDENTS IN GRADES 6-10 WITH A FLORIDA PREPAID COLLEGE SCHOLARSHIP FOR UP TO FOUR YEARS OF TUITION AT THE FLORIDA PUBLIC COLLEGE LEVEL, COLLEGE READINESS PLANNING, AND A MENTOR THROUGHOUT THEIR SCHOOL YEARS. THE STAVROS INSTITUTE ENDOWMENT WAS ESTABLISHED TO PROVIDE A STATE-OF-THE-ART LEARNING COMPLEX DEDICATED TO EDUCATING STUDENTS IN THE FREE ENTERPRISE SYSTEM. THE INSTITUTE HOUSES TWO SEPARATE AND DISTINCT PROGRAMS: ENTERPRISE VILLAGE AND FINANCE PARK. SEE FORM 990, PART III FOR PROGRAM DESCRIPTIONS. PART X, LINE 2: THE PINELLAS COUNTY EDUCATION FOUNDATION, INC. IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM FLORIDA INCOME TAX UNDER CHAPTER 220 OF THE FLORIDA STATUTES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION HAS ADOPTED FASB GUIDANCE REGARDING UNCERTAINTY IN INCOME TAXES AS CODIFIED IN FASB ASC TOPIC 740-10. AS OF JUNE 30, 2025, MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. TAX FILINGS FOR YEARS AFTER JUNE 30, 2021 REMAIN OPEN FOR EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS -4,242. PROVISION FOR UNCOLLECTIBLE PLEDGES 1,625,000. RETURN OF MATCHING FUNDS 287,109. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 4,242. PROVISION FOR UNCOLLECTIBLE PLEDGES 12,000. CHANGEMAKER'S BREAKFAST 97050 86270 10780 448 6734 14866 8952 97050 86270 10780 448 6734 14866 8952 31000 -20220 1 PINELLAS COUNTY SCHOOLS 301 4 STREET SW LARGO FL 33779 501(C)(3) 1018456 0 N/A N/A CLASSROOM & SCHOOL GRANTS (SEE PROGRAM SERVICE DESCRIPTIONS) ELISA NELSON ELEMENTARY SCHOOL 415 15TH STREET PALM HARBOR FL 34683 501(C)(3) 10000 0 N/A N/A PROGRAM SUPPORT MAKE-A-WISH FOUNDATION OF SOUTHERN FLORIDA INC 343 NW 6TH STREET MIAMI FL 33136 501(C)(3) 8000 0 N/A N/A PROGRAM SUPPORT SUNCOAST ANIMAL LEAGUE 1030 PENNSYLVANIA AVE PALM HARBOR FL 34683 501(C)(3) 6000 0 N/A N/A PROGRAM SUPPORT 4 0 SCHOLARSHIPS 1402 3141610 0 N/A N/A PINELLAS COUNTY SCHOOL EMPLOYEES HURRICANE RELIEF AWARDS 632 1350267 0 N/A N/A STUDENT AWARDS & CELEBRATIONS 587 132256 1630 FMV TROPHIES, AWARDS, RIBBONS TEACHER AWARDS & CELEBRATIONS 440 112880 4970 FMV TOTE BAGS, FLOWERS, PINS SCHOLARSHIPS (FEES) 66 3300 0 N/A N/A PCS SUPPORT STAFF AWARDS 19 1515 99 FMV ASSORTED END OF YEAR GIVEAWAYS PART I, LINE 2: APPLICANTS PROVIDE A DESCRIPTION OF THE PROJECT AND A BUDGET TO THE PROGRAM MANAGER. THE REQUEST IS APPROVED BY UPPER MANAGEMENT. THE REQUEST IS SENT TO ACCOUNTING AND SUBMITTED FOR PAYMENT. ALL EXPENSES SUBMITTED MUST CORRESPOND TO THE BUDGET. THE INDIVIDUAL PROJECT CODES ASSOCIATED WITH THE GRANTS ARE MONITORED MONTHLY BY THE PROGRAM MANAGER AND ACCOUNTING. EXPENSES ARE TRACKED FOR EACH INDIVIDUAL TO ENSURE THEY STAY WITHIN THE BUDGET. THE RECIPIENTS PROVIDE WRITTEN REPORTS AT THE CONCLUSION OF THE PROJECT. SCHOLARSHIP RECIPIENTS ARE ASKED TO SIGN AN AGREEMENT WHICH IS UPDATED EACH YEAR, SEND IN TRANSCRIPTS, AND MAINTAIN A MINIMUM STANDARD OF ACHIEVEMENT. X X X X 0 0 0 0 0 0 0 1 0 KIM JOWELL CEO 240582 0 24000 0 0 0 2454 0 1914 0 268950 0 0 0 PART I, LINE 7 PER EMPLOYMENT AGREEMENT, THE CEO CAN EARN AN ANNUAL BONUS OF UP TO 20% OF BASE SALARY, BASED UPON THE ACHIEVEMENT OF ANNUAL PERFORMANCE GOALS ESTABLISHED BY THE BOARD. THE NUMBER OF EXCEEDED OR MET GOALS AS A PERCENTAGE OF TOTAL GOALS IS THE BASELINE FOR CEO'S MAXIMUM BONUS OF 20% BASE SALARY. X PREPAID SCHOLARSHIP CONTRACTS 60 132738 FAIR MARKET VALUE X SCHOOL SUPPLIES 9146 45730 FAIR MARKET VALUE X GIFT CARDS 1120 11199 FAIR MARKET VALUE X OTHER 32 3016 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS REPORTED IN COLUMN (B) REPRESENT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 4 AS PART OF OUR COMMITMENT TO STRONG AND EFFECTIVE GOVERNANCE, THE BYLAWS UNDERWENT A COMPREHENSIVE REVIEW AND REVISION, INCLUDING LEGAL REVIEW BY AN ATTORNEY. SIGNIFICANT UPDATES WERE MADE TO IMPROVE THE OVERALL FORMAT AND STRUCTURE, ALONG WITH A GENERAL CLEANUP OF LANGUAGE FOR CLARITY AND CONSISTENCY. IN ADDITION TO THESE FORMATTING AND LANGUAGE IMPROVEMENTS, THE FOLLOWING KEY CHANGES WERE MADE: -ADDED A NEW SECTION ABOUT THE CORPORATION AND STATING OUR PURPOSE, AND DESIGNATED 501C3 -REDUCED THE NUMBER OF DIRECTORS FROM 40 TO 35 -STATES PTA REPRESENTATIVE MAY BE INVITED TO SERVE AS NON-VOTING MEMBER -QUORUM REMAINS MAJORITY BUT CLARIFIED TO THOSE WHO ARE ELIGIBLE TO VOTE -PROVIDES PROVISIONS SHOULD THERE BE A NEED TO REMOVE A DIRECTOR -CLARIFIES HOW TO FILL VACANCIES -ALLOWS FOR ELECTRONIC OR TELEPHONIC MEETINGS -UPDATED TO STATE THAT THE CORPORATION HAS NO MEMBERS -CLARIFIES THAT THE EXECUTIVE COMMITTEE CAN ACT ON MATTERS THAT ARE URGENT AND CANNOT REASONABLY WAIT UNTIL A FULL BOARD MEETING. ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE HAVE TO BE REPORTED TO THE FULL BOARD AND RATIFIED. IT LIMITS THEIR AUTHORITY TO NOT CHANGE ANY OF THE GOVERNING DOCUMENTS OR FILL ANY BOARD VACANCIES. -EXECUTIVE COMMITTEE MEETING NOTICE REQUIREMENTS CHANGED FROM 5 TO 3 DAYS -REMOVED THE DETAILED DESCRIPTION OF GOVERNANCE COMMITTEE FUNCTIONS. GOVERNANCE COMMITTEE REMAINS A STANDING COMMITTEE. -PROVIDES DETAILS ON THE CREATION, FUNCTION, AND POWERS FOR OTHER COMMITTEES. GOVERNANCE AND FINANCE COMMITTEES ARE DEFINED AS STANDING COMMITTEES. COMMITTEE CHARTERS REQUIRED TO DEFINE PURPOSE AND AUTHORITY. -FURTHER CLARIFIES OFFICERS' DUTIES, REMOVAL (WITH OR WITHOUT CAUSE) AND VACANCIES WITHIN THE BOARD -DEFINES DIRECTOR OF OFFICER OF THIS CORPORATION, EACH AN "INDEMNITEE AND DICTATES PURCHASE OF APPROPRIATE INSURANCE TO COVER ALL DIRECTORS AND OFFICERS FOR THIS INDEMNIFICATION OBLIGATION -REMOVES PROVIDING COPY OF AUDIT TO PINELLAS COUNTY SCHOOL BOARD -ADDS THAT CONTRACTS OVER $50,000 MUST BE APPROVED BY THE BOARD FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED INTERNALLY INITIALLY. THE FINANCE COMMITTEE WILL REVIEW AND RECOMMEND TO THE BOARD WHETHER THE FORM 990 SHOULD BE APPROVED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS RECEIVE A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY ANNUALLY. EACH MEMBER IS REQUIRED TO SIGN THE POLICY AND DISCLOSE ANY CONFLICTS. NEW STAFF ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY WILL ABIDE BY THE FOUNDATION'S POLICIES AND PROCEDURES AS OUTLINED IN THE EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15A TO ENSURE THE CEO'S COMPENSATION PACKAGE IS FAIR AND REASONABLE, AN OUTSIDE CONSULTANT REVIEWS SALARY SURVEYS AND COMPARABLE DATA. COMPENSATION IS REVIEWED AND BASED ON PERFORMANCE ANNUALLY. THE CEO USES A COMPARABLE ANALYSIS METHODOLOGY AND RESOURCES FROM AN EXTERNAL HR CONSULTANT TO SET COMPENSATION OF OTHER OFFICERS. THE CEO HAS FINAL APPROVAL FOR ALL OFFICERS' COMPENSATION. THE LATEST COMPENSATON SURVEY WAS COMPLETED ON SEPTEMBER 3, 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FORM 990 - PUBLIC DISCLOSURE COPY AND AUDITED FINANCIALS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE AT HTTPS://PINELLASEDUCATION.ORG/WHO-WE-ARE/#FINANCIAL-REPORTS-SECTION FORM 990, PART XI, LINE 9: RETURN OF MATCHING FUNDS -287,109. WRITE OFF OF UNCOLLECTIBLE PLEDGES -1,637,000. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OVERSEES THE AUDIT OF THE FOUNDATION'S BOOKS AND RECORDS AND REVIEWS THE FOUNDATION'S INTERNAL FINANCIAL CONTROLS AND PROCEDURES. ACTIVITIES INCLUDE: - OVERSEE THE PROCESS TO HIRE AN AUDIT FIRM. - REVIEW AND APPROVE THE ENGAGEMENT LETTER. - MEET WITH THE AUDITORS TO DISCUSS THEIR AUDIT PLAN AND TO REVIEW THE PREVIOUS AND FUTURE YEAR'S AUDIT FEES. - REVIEW THE RESULTS OF THE AUDIT. THE FINANCE AND INVESTMENT COMMITTEE ENSURES THE LONG-TERM FINANCIAL HEALTH OF THE FOUNDATION. ACTIVITIES INCLUDE: - REVIEW OPERATING BUDGETS. - REVIEW MONTHLY FINANCIAL STATEMENTS. - REVIEW FINANCIAL POLICIES, INCLUDING THE INVESTMENT POLICY. - REVIEW INCOME TAX RETURNS. - MONITOR COMPLIANCE WITH AGREEMENTS CONTAINING FINANCIAL COVENANTS. - OVERSEE THE PROCESS TO HIRE AN INVESTMENT FIRM. - MEET WITH THE INVESTMENT FIRM TO DISCUSS THEIR INVESTMENT STRATEGY AND TO MAKE RECOMMENDATIONS TO THE BOARD ON CHANGES. CHARITABLE REMAINDER UNITRUST (1) INVESTMENTS FL N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0