“Stepping Up: The Nation’s Top K-12 Education Foundations 2015” shows Florida the most well represented.
(Nov. 11, 2015) – dewey & associates, a national management and strategy consulting practice, announced today the results of “Stepping Up: The Nation’s Top K-12 Education Foundations 2015.” Florida had the most foundations represented in the top 50 with 10. Three Florida foundations ranked in the top 10: Pinellas Education Foundation and Hillsborough Education Foundation, which also ranked in the top 10 last year; and Brevard Schools Foundation that ranked 16th last year and moved into third place this year.
Florida K-12 education foundations ranked in the top 50 in the nation:
# 1 Pinellas Education Foundation (FL)
# 3 Brevard Schools Foundation (FL)
# 6 Hillsborough Education Foundation (FL)
# 13 The Foundation for Osceola Education (FL)
# 16 Foundation for Seminole County Public Schools (FL)
# 19 Broward Education Foundation (FL)
# 21 Education Foundation of Collier County (FL)
# 37 Public education Foundation of Marion County (FL)
# 38 Polk Education Foundation (FL)
# 43 Foundation for Lee Co. Public Schools (FL)
Stepping Up is the nation’s only annual study and ranking of K-12 education foundations. The study includes education foundations in the top 200 largest school districts in the nation (by student population), as well as other top-performing foundations in smaller school districts. Stepping Up looks at eight key performance categories to determine the ranking: annual revenues, revenues per student, total assets, assets per student, investment income, total program expenses, expenses per student, and human capital (volunteers).
The purpose of the study is to advocate the importance of K-12 education foundations while recognizing those that do it best. “Education foundations are innovating and enhancing public education,” said Dewey Caruthers, president of dewey & associates and study author. “More people should know what their local education foundation is doing to dramatically improve the student learning experience.”
The foundations included in the national study raised $350 million in revenues, held $425 million in assets, spent $181 million on programs and grants, and utilized 67,000 volunteers. “I believe the K-12 education foundation industry is the fastest-growing philanthropic segment in the U.S.,” said Nina Menis, executive director at National Schools Foundation Association (NSFA). The NSFA is the nation’s largest and oldest association for K-12 education foundations.
Foundations also are placed into four divisions based on revenues. “We want to provide comparisons to foundations of similar sizes,” Caruthers said. Division 1 includes foundations with $2 million or more in revenue; Division 2 includes foundations with revenue of $1 million to $1,999,999; Division 3 includes foundations with $500,000 to $999,999 in revenues; and division 4 includes foundations with less than $500,000 in revenue. Division rankings are available in the study (www.deweyandassociates.com)
Stepping Up 2015 is sponsored by Foundant Technologies and ClassWallet – both are ‘ed-tech’ companies. Foundant helps Education Foundations manage the busywork associated with their scholarship and classroom grant programs so they can focus on the things that are really important like fundraising and donor relations. ClassWallet has processed over $10 million in grants, saving education foundations countless hours and costs. Disbursing funds to educators is rewarding. Reconciling all the paperwork…not so much. To learn more visit www.classwallet.com.
About dewey & associates
Founded in 2000, dewey & associates (d&a) is a national management and strategy consulting practice with expertise in three emerging youth education issues: First, advocating K-12 education foundations (enhancing public education); second, preventing childhood obesity (innovating public health), and third, reducing arrests for common youth misbehavior (reforming juvenile justice).
Founder Dewey Caruthers is the author of nationally significant studies in these areas of expertise. Dewey speaks at national and state conferences on all three topics. His work has been funded by national, state and local foundations; state and county govt. agencies; and children’s hospitals.