THE FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS

EIN: 592775956 501(c)(3) Education

SANFORD, FL

Total Revenue
$3,779,135
Total Expenses
$3,909,865
Total Assets
$6,425,825
Net Assets
$6,227,460
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
FL
Principal Officer
JEAN VANSMITH
Phone
4073200181
Tax Period
2024-07-01 to 2025-06-30

THE FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS, founded in 1986, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE FOUNDATION'S MISSION IS TO INSPIRE SUCCESS AND THRIVING FOR ALL STUDENTS IN SEMINOLE COUNTY PUBLIC SCHOOLS THROUGH COMMUNITY PARTNERSHIP THAT LEVERAGES RELATIONSHIPS AND FINANCIAL RESOURCES. SINCE INCEPTION THE FOUNDATION HAS RAISED OVER 65 MILLION TO SUPPORT STUDENTS AND TEACHERS.

Program Service Accomplishments

Program 1
Expenses: $1,578,795

TOOLS 4 SEMINOLE SCHOOLS - SECURES DONATED CLASSROOM AND SCHOOL SUPPLIES THROUGHOUT THE SCHOOL YEAR. ALL TEACHERS AT 39 SCHOOLS - ONES WITH 50%+ STUDENTS ON FREE AND REDUCED MEALS - ARE ELIGIBLE TO...

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TOOLS 4 SEMINOLE SCHOOLS - SECURES DONATED CLASSROOM AND SCHOOL SUPPLIES THROUGHOUT THE SCHOOL YEAR. ALL TEACHERS AT 39 SCHOOLS - ONES WITH 50%+ STUDENTS ON FREE AND REDUCED MEALS - ARE ELIGIBLE TO SHOP MONTHLY. THE REMAINING SCHOOLS ARE ELIGIBLE TO HAVE A DEDICATED REPRESENTATIVE SHOP FOR THE SCHOOL ONCE PER MONTH. APPROXIMATELY 1,578,795 IN PRODUCT WAS DISTRIBUTED TO SCHOOLS IN THE DISTRICT SO THAT STUDENTS COULD START THE YEAR ON THE RIGHT FOOT.

Program 2
Expenses: $484,954

TAKE STOCK IN CHILDREN: TAKE STOCK IN CHILDREN IS A STATEWIDE SCHOLARSHIP PROGRAM THAT TARGETS STUDENTS WITH A FINANCIAL NEED AND A STRONG DESIRE TO SUCCEED. EACH SPRING, EIGHTH GRADE STUDENTS FROM...

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TAKE STOCK IN CHILDREN: TAKE STOCK IN CHILDREN IS A STATEWIDE SCHOLARSHIP PROGRAM THAT TARGETS STUDENTS WITH A FINANCIAL NEED AND A STRONG DESIRE TO SUCCEED. EACH SPRING, EIGHTH GRADE STUDENTS FROM SEMINOLE COUNTY PUBLIC SCHOOLS ARE INVITED TO APPLY FOR 30 TWO-YEAR COLLEGE SCHOLARSHIPS THROUGH THE TAKE STOCK IN CHILDREN PROGRAM. THE PROGRAM SERVICED 115 STUDENTS IN THE 2024-2025 FISCAL YEAR.

Program 3
Expenses: $100,430

GRANTS FOR GREAT IDEAS: THE GRANTS FOR GREAT IDEAS PROGRAM ALLOCATES SMALL GRANTS FOR CLASSROOM, SCHOOL OR DISTRICT PROJECTS. THE FUNDAMENTAL PURPOSE OF THIS PROGRAM IS TO PROVIDE THE FUNDING FOR...

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GRANTS FOR GREAT IDEAS: THE GRANTS FOR GREAT IDEAS PROGRAM ALLOCATES SMALL GRANTS FOR CLASSROOM, SCHOOL OR DISTRICT PROJECTS. THE FUNDAMENTAL PURPOSE OF THIS PROGRAM IS TO PROVIDE THE FUNDING FOR CLASSROOM PROJECTS THAT ARE INNOVATIVE AND ORIGINAL WITH THE OVERALL GOAL OF ENHANCING A STUDENT'S LEARNING EXPERIENCE.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,420,510
Program Service Revenue $0
Investment Income $105,674
Other Revenue $252,951
TOTAL REVENUE $3,779,135

Expense Breakdown

Grants Paid $169,298
Salaries & Benefits $678,648
Fundraising Expenses $79,929
Program Expenses $3,621,323
Other Expenses $3,061,919
TOTAL EXPENSES $3,909,865

Year-over-Year Comparison

2024 2023 Change
Revenue $3,779,135 $4,014,975 -0.1%
Expenses $3,909,865 $4,001,374 0.0%
Net Income $-130,730 $13,601 -10.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
24
Independent Members
24
Employees
11
Volunteers
525

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN VANSMITH EXECUTIVE DI 40.00
Officer
$0 $0 $0
JEREMY BAIN DIRECTOR 1.00
Director
$0 $0 $0
CAIT BAUMANN DIRECTOR 1.00
Director
$0 $0 $0
SERITA BEAMON DIRECTOR 1.00
Director
$0 $0 $0
GREG BRANNON DIRECTOR 1.00
Director
$0 $0 $0
SOMMER BROWN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS BUGOS DIRECTOR 1.00
Director
$0 $0 $0
RICK BUNDY JR DIRECTOR 1.00
Director
$0 $0 $0
PRASAD CHITTALURU DIRECTOR 1.00
Director
$0 $0 $0
TARA CHRISTENSEN DIRECTOR 1.00
Director
$0 $0 $0
NICOLE CROCKER DIRECTOR 1.00
Director
$0 $0 $0
JAMIE CUZMAR DIRECTOR 1.00
Director
$0 $0 $0
TANYA EASTERLING DIRECTOR 1.00
Director
$0 $0 $0
RAYCHEL GARCIA DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY HALL DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE HAYES DIRECTOR 1.00
Director
$0 $0 $0
ASHMEET KALRA DIRECTOR 1.00
Director
$0 $0 $0
KRISTINE KRAUS DIRECTOR 1.00
Director
$0 $0 $0
BRADLEY LACORE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN LUC CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT MACAIONE DIRECTOR 1.00
Director
$0 $0 $0
HOLTON MILLS DIRECTOR 1.00
Director
$0 $0 $0
KATIE MURPHY DIRECTOR 1.00
Director
$0 $0 $0
MJ TIETIG DIRECTOR 1.00
Director
$0 $0 $0
SHANE WOLFE DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,779,135 $3,909,865 $6,425,825 $-130,730
2024 $4,014,975 $4,001,374 $6,246,030 $13,601
2023 $4,493,142 $4,854,292 $6,049,640 $-361,150
2022 $5,174,391 $4,965,855 $5,998,231 $208,536
2021 $5,336,945 $4,296,960 $6,544,848 $1,039,985
2020 $4,578,753 $4,199,362 $5,724,855 $379,391
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