FOUNDATION FOR NEW EDUCATION

MIAMI, FL, 33132 (305) 995-7308 Est. 2008 EIN 61-1566768
B11— Education Form 990 501(c)(3)
WWW.GIVEOURSTUDENTSTHEWORLD.ORG

Mission

THE FOUNDATION FOR NEW EDUCATION INITIATIVES, INC. SEEKS TO ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATION INITIATIVES OF MIAMI-DADE COUNTY PUBLIC SCHOOLS. PUBLIC EDUCATION CAN SUCCEED WITH THE INVOLVEMENR AND RESOURCES FROM ALL SECTORS OF THE ECONOMY AND ALL SEGMENTS OF SOCIETY.

Giving Portfolio

Total Grants
7
Total Giving
$29.9M
Recipients
7
Years Active
2017 - 2024
Avg grant: $4,273,328 Median: $4,198,188

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$4.2M $4.2M01
20231$4.5M $4.5M01
20221$4.0M $4.0M01
20211$5.0M $5.0M01
20201$3.6M $3.6M01
20191$5.4M $5.4M01
20171$3.3M $3.3M10

Top States

Florida
7

Top Grantees

MIAMI-DADE COUNTY PUBLIC SCHOOLS
FL - 6 grants
$26.6M
MIAMI-DADE COUNTY PUBLIC
FL
$3.3M

Financials

Total Revenue
$5,050,331
Total Expenses
$4,726,404
Net Assets
$2,091,837
3 employees 150 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.3 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 2.7%
Expenses ↓ 6.2%
Revenue Sources
Contributions 87.9% Investment 1.0% Other 11.0%
Expense Breakdown
Program 93.5% Management 5.5% Fundraising 1.0%

Officers & Trustees (13)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990$5,050,331 $4,726,404$2,091,837
2023 Form 990$5,189,433 $5,038,922$1,927,718
2022 Form 990$4,020,486 $4,415,360$1,777,207
2021 Form 990$3,368,745 $5,385,439$2,172,081
2020 Form 990$5,709,256 $4,026,441$4,188,775
2019 Form 990$5,717,581 $6,208,810$2,505,960
2017 Form 990$5,488,032 $4,715,071$2,518,395

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EIN: 61-1566768 · Source: IRS Form 990 e-file data