2026-02-23T12:04:07-06:00 2025-06-30 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2024-07-01 592420369 EDUCATION FOUNDATION OF PALM BEACH COUNTY INC EDUC 5614347303 1515 BARTON ROAD LAKE WORTH BEACH FL 33460 JAMES S GAVRILOS PRESIDENT/CEO 5614347303 2026-02-23 1 1 X JOHN CHENOWETH P01768153 5617989988 2026-02-23 2024 2025-03-06 01:10:19Z X JAMES S GAVRILOS 1515 BARTON ROAD LAKE WORTH BEACH FL 33460 6294527 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. 39 39 13 750 0 0 10670502 4014065 0 0 85748 158741 398005 346039 11154255 4518845 189974 188051 0 0 1061384 1101590 0 0 500649 3250140 2871526 4501498 4161167 6652757 357678 23893630 24916576 2886283 3567886 21007347 21348690 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 2016283 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. 374592 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. 161643 188051 GO TEACH: PROVIDES INDIVIDUAL AND CLASSROOM GRANTS THAT ENCOURAGE EDUCATORS TO CREATE INNOVATIVE AND EXCITING EDUCATION OPPORTUNITIES FOR STUDENTS. 760169 22377 OTHER PROGRAMS INCLUDE ACADEMIC IMPROVEMENT, WHICH PREPARES STUDENTS FOR COLLEGE READINESS AND SUCCESS, AND VARIOUS OTHER GRANT PROGRAMS WHICH SUPPORT EDUCATION. 760169 22377 3312687 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 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 58 0 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X JAMES S GAVRILOS 5614347303 1515 BARTON ROAD LAKE WORTH BEACH FL 33460 LISA PARK BOARD CHAIR 0.00 0.10 X X 0 0 0 MARTY CASS TREASURER & CHAIR FINANCE 0.00 0.10 X X 0 0 0 JORDAN PAUL SECRETARY, CHAIR, PROGRAMS AND GRANTS 0.00 0.10 X X 0 0 0 ALAN BASEMAN CHAIR, PROGRAM COMMITTEE 0.00 0.10 X X 0 0 0 LISA KING CHAIR, DEVELOPMENT COMMITT 0.00 0.10 X X 0 0 0 JAMES J MOORE CHAIR, HR/COMPENSATION 0.00 0.10 X X 0 0 0 KENNETH KAHN EXECUTIVE COMMITTEE MEMBER 0.00 0.10 X 0 0 0 MAX MACON EXECUTIVE COMMITTEE MEMBER 0.00 0.10 X 0 0 0 JUAN TAGLE EXECUTIVE COMMITTEE MEMBER 0.00 0.10 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 STEVE BUSH 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 MICHAEL KOHNER BOARD MEMBER 0.00 0.10 X 0 0 0 BRITNYE KURTY BOARD MEMBER 0.00 0.10 X 0 0 0 LUKE KURTZ BOARD MEMBER 0.00 0.10 X 0 0 0 MERDOCHEY LAFRANCE BOARD MEMBER 0.00 0.10 X 0 0 0 LAUREN MARCUM BOARD MEMBER 0.00 0.10 X 0 0 0 SOPHIA A NELSON BOARD MEMBER 0.00 0.10 X 0 0 0 MICHAEL O'NEILL 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 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 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 ASHLEY VERTUNO 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 184624 0 7232 TERESA WEST CHIEF ENGAGEMENT OFFICER 1.00 40.00 X 88244 0 7232 JENNIFER ETHRIDGE DIRECTOR OF PROGRAMS AND GRANTS 1.00 40.00 X 108950 0 32 381818 0 14496 2 0 1 0 0 1081357 563323 2369385 518286 4014065 147128 147128 1472948 1461335 11613 11613 11613 638009 314347 323662 323662 OTHER INCOME 900099 22377 22377 22377 4518845 22377 0 482403 188051 188051 431603 268262 44632 118709 560908 348631 58003 154274 38242 23769 3954 10519 70837 44029 7325 19483 56507 56507 176281 5649 55253 115379 7492 4992 2500 67541 15762 15822 35957 371229 289811 51216 30202 33235 20023 1836 11376 192319 192319 40184 10102 28234 1848 SCHOOL SUPPLIES 1148728 1148728 PROGRAM MANAGEMENT 313509 291188 22321 CONTRACT LABOR 281572 281572 PROGRAM SUPPLIES AND EQ 179799 179799 3130 2728 402 4161167 3312687 347831 500649 1134110 589472 2656643 952898 2641508 500000 576194 539653 53744 19420173 1136838 14336671 18283335 2125309 3543482 385108 412834 38087 41158 23893630 24916576 515361 68459 220000 2370922 3279427 2886283 3567886 X 11085167 13226890 9922180 8121800 21007347 21348690 23893630 24916576 357678 -16335 0 X X 0 1 X 1 0 X 3811806 4341407 8177356 10670502 4014065 31015136 3811806 4341407 8177356 10670502 4014065 31015136 2938905 28076231 175 55 31495 85748 147128 264601 36367 13987 22377 72731 31352468 1171208 0.89550 0.89890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 36,367. 2023 AMOUNT: $ 13,987. 2024 AMOUNT: $ 22,377. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 558111 400000 26751 984862 35052 500000 23059 558111 0.95821 0.04179 0 0 13316646 142272 13174374 572763 126866 445897 5530764 867700 4663064 18283335 CONSTRUCTION BORROWING FACILITY 2010947 PASS-THROUGH FUNDS PAYABLE 1268480 3279427 X 5081440 -16335 264583 314347 562595 4518845 0 4518845 4740097 264583 314347 578930 4161167 0 4161167 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, 2025. THE FOUNDATION'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION FOR YEARS PRIOR TO 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 314,347. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 314,347. FORE OUR SCHOOLS GOLF TOURNAMENT 389966 389966 232127 HEROES FOR EDUCATION 5K 103833 103833 43403 3 144210 144210 38817 638009 638009 314347 314347 323662 1 PALM BEACH COUNTY SCHOOLS FOREST HILL BLVD WEST PALM BEACH FL 33406 596000783 501(C)(3) 188051 0 MINI GRANTS (GO TEACH) TO SCHOOLS 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 154624 0 30000 0 0 0 0 0 7232 0 191856 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 2025 AND INCLUDED ON THE EMPLOYEE'S W-2. X SCHOOL SUPPLIES 95070 518286 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.