2018-05-08T15:19:21-04:00 2017-06-30 204989621 VERDEJA DE ARMAS & TRUJILLO LLP 255 ALHAMBRA CIR STE 560 CORAL GABLES FL 331347417 990 2016-07-01 611566768 FOUNDATION FOR NEW EDUCATION INITIATIVES INC FOUN 1450 NE 2ND AVE RM/STE 931 MIAMI FL 33132 ALVIN GAINEY TREASURER 2018-05-08 true OCTAVIO A VERDEJA P00640853 3054463177 2018-05-08 2016 2022-09-23 18:48:47Z ANN DE LAS POZAS 1450 NE 2ND AVE SUITE 931 MIAMI FL 33132 4175938 false X WWW.GIVEOURSTUDENTSTHEWORLD.ORG X 2008 FL THE MISSION OF THE FOUNDATION FOR NEW EDUCATION INITIATIVES, INC. IS TO ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATIONAL INITIATIVES OF MIAMI-DADE COUNTY PUBLIC SCHOOLS. 12 12 1 50 0 3135827 3896335 0 2400 3220 279438 -165745 3417665 3733810 701756 2450010 0 125995 121064 0 17160 335745 682262 1163496 3253336 2254169 480474 3111785 3442042 352366 202149 2759419 3239893 X THE MISSION OF THE FOUNDATION FOR NEW EDUCATION INITIATIVES, INC. IS TO ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATIONAL INITIATIVES OF MIAMI-DADE COUNTY PUBLIC SCHOOLS. false false 2460350 2450010 THE FOUNDATION FOR NEW EDUCATION INITIATIVES WAS ABLE TO SUPPORT THE SUMMER YOUTH INTERNSHIP PROGRAM, THROUGH A PARTNERSHIP WITH THE COUNTY, THE CHILDREN'S TRUST, AND CAREER SOURCE PROVIDING 2,300,00.00, SUPPORTING 1712 STUDENTS IN A 5 WEEK PAID INTERNSHIP PROGRAM, AND CONTRACTING WITH AND COORDINATING THE PAYMENT OF THE 45 INDEPENDENT CONTRACTORS WHO SUPERVISED THE PROGRAM. THE 3RD ANNUAL FOR THE LOVE OF LEARNING GALA WAS ATTENDED BY NEARLY 500 BUSINESS AND COMMUNITY LEADERS, RAISING ALMOST 400,000 FOR OTHERWISE UNFUNDED DISTRICT INITIATIVES, SUCH AS CULTURAL PASSPORT, PAYING FOR BASIC NEEDS FOR THE DISTRICT'S STUDENTS IN TRANSITION (HOMELESS), AND PROVIDING STUDENT SCHOLARSHIPS. ADDITIONALLY, THE SUPERINTENDENT' 5K RACE, HELD ON APRIL 7TH, AT MUSEUM PARK, IN DOWNTOWN MIAMI, HOSTED NEARLY 3,300 PARTICIPANTS, REPRESENTING OVER 175 SCHOOLS. MORE THAN 35,062 WILL BE GIVEN BACK TO THE PARTICIPATING SCHOOLS. IN ADDITION TO SERVING AS THE FISCAL AGENT FOR BOTH THE SUMMER YOUTH INTERNSHIP PROGRAM AND THE TOGETHER FOR CHILDREN INITIATIVE, FNEI CONTINUED ITS RELATIONSHIP WITH RAY ALLEN AND HIS RAY OF HOPE FOUNDATION. THROUGH THIS PARTNERSHIP, TWO COMPUTER LABS, COMPLETE WITH COMPUTERS, LAPTOPS, FURNITURE, PAINTING AND WALL GRAPHICS, WERE DONATED TO THE DISTRICT THIS YEAR, REPRESENTING AN IN-KIND DONATION VALUED AT APPROXIMATELY 75,000. ONE LAB OPENED EARLIER THIS YEAR AT HOMESTEAD MIDDLE SCHOOL AND THE SECOND LAB IS SLATED TO OPEN IN LATE MAY AT LAKE STEVENS MIDDLE SCHOOL. 97578 COLLEGE ASSISTANCE PROGRAM: THROUGH THE COLLEGE ASSISTANCE PROGRAM, INC., STUDENTS ARE AWARDED SCHOLARSHIPS FOR COLLEGE. 523669 THE FOUNDATION PARTICIPATES IN MANY PROGRAMS THROUGHOUT THE YEAR. THESE PROGRAMS HAVE SEVERAL DIFFERENT FUNDING SOURCES. 3081597 true true false false false false false false false false false false false false false true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 1108 0 false 1 true false false false false false true true false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false FL X ROXANA VEGA 3059951516 1450 NE 2ND AVE MIAMI FL 33132 DR LAWRENCE FELDMAN VICE CHAIR 2.00 X 0 0 0 ALBERTO CARVALHO CHAIR 2.00 X 0 0 0 ALVIN GAINEY TREASURER 2.00 X X 0 0 0 DAVID HASS DIRECTOR 2.00 X 0 0 0 DAVID L MARCUS DIRECTOR 2.00 X 0 0 0 SUSAN MCDOWELL DIRECTOR 2.00 X 0 0 0 BILL O'DOWD DIRECTOR 2.00 X 0 0 0 NATACHA MUNILA DIRECTOR 2.00 X 0 0 0 JULIE WILLIAMSON DIRECTOR 2.00 X 0 0 0 KADISHA PHELPS DIRECTOR 2.00 X 0 0 0 PETER E SALOMON DIRECTOR 2.00 X 0 0 0 ALFRED G SMITH DIRECTOR 2.00 X 0 0 0 ANN DE LAS POZAS EXECUTIVE DI 40.00 X 113782 0 0 113782 1 false false false 234042 1750000 1912293 3896335 3220 3220 276383 234042 442128 -165745 3733810 3220 2450010 2450010 112458 112458 8606 8606 21933 21933 17 17 14275 10340 3935 51 51 3190 3190 OTHER PROGRAM 523669 523669 COLLEGE ASSISTANCE PROGRA 97578 97578 SCHOOL PARTICIPATION 17160 17160 MISCELLANEOUS 4389 4389 3253336 3081597 154579 17160 2361785 2600542 750000 841500 3111785 3442042 352366 202149 352366 202149 X 370377 370820 2389042 2869073 2759419 3239893 3111785 3442042 480474 X false true X true false X X X 1 MDC-PS MIAMI DADE COUNTY SCHOOLS 596000572 2 true 2450010 0 1 2450010 0 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 4222698 46760 442128 488888 3733810 3733810 3742224 46760 442128 488888 3253336 3253336 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/17, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2014. SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENT EXPENSES 442,128 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 442,128 GALA 330150 171028 159122 270849 5K RACE 122051 63014 59037 111743 2 58224 58224 59536 510425 234042 276383 442128 442128 -165745 true MIAMI-DADE COUNTY PUBLIC 1393583 1450 NE 2ND AVENUE MIAMI FL 33132 596000572 2450010 FMV IMPROVE STUDENT EDU. SCHEDULE I, PAGE 1, PART I, LINE 2 ALL FUNDS PROVIDED TO ORGANIZATIONS ARE DONE SO IN ACCORDANCE WITH THE SCOPE AND OBJECTIVES OF THE PROGRAMS PROPOSED FOR FUNDING, THE FUNDERS' GUIDELINES AND REQUIREMENTS AND ARE MANAGED AND IMPLEMENTED BY THE FOUNDATION AS APPROVED BY THE BOARD OF DIRECTORS. THIS FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY IN ACCORDANCE WITH SEC 1001 453 FL STATUTES. FORM 990, PAGE 2, PART III, LINE 4A STUDENT SCHOLARSHIPS. ADDITIONALLY, THE SUPERINTENDENT' 5K RACE, HELD ON APRIL 7TH, AT MUSEUM PARK, IN DOWNTOWN MIAMI, HOSTED NEARLY 3,300 PARTICIPANTS, REPRESENTING OVER 175 SCHOOLS. MORE THAN 35,062 WILL BE GIVEN BACK TO THE PARTICIPATING SCHOOLS. IN ADDITION TO SERVING AS THE FISCAL AGENT FOR BOTH THE SUMMER YOUTH INTERNSHIP PROGRAM AND THE TOGETHER FOR CHILDREN INITIATIVE, FNEI CONTINUED ITS RELATIONSHIP WITH RAY ALLEN AND HIS RAY OF HOPE FOUNDATION. THROUGH THIS PARTNERSHIP, TWO COMPUTER LABS, COMPLETE WITH COMPUTERS, LAPTOPS, FURNITURE, PAINTING AND WALL GRAPHICS, WERE DONATED TO THE DISTRICT THIS YEAR, REPRESENTING AN IN-KIND DONATION VALUED AT APPROXIMATELY 75,000. ONE LAB OPENED EARLIER THIS YEAR AT HOMESTEAD MIDDLE SCHOOL AND THE SECOND LAB IS SLATED TO OPEN IN LATE MAY AT LAKE STEVENS MIDDLE SCHOOL. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND IS PRESENTED TO THE BOARD CHAIR FOR REVIEW AFTER IT IS FILED. UPDATES, IF ANY, WILL BE PROCESSED BY AMENDED RETURN. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, THE BOARD OF DIRECTORS COMPLETE THE CONFLICT OF INTEREST FORM, DECLARING ANY POTENTIAL CONFLICTS, WHICH ARE REVIEWED BY THE EXECUTIVE DIRECTOR. DISCIPLINARY ACTION AND RESTRICTIONS ARE IDENTIFIED ON AN INDIVIDUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF DIRECTORS REVIEWS, AND APPROVES ALL COMPENSATION MATTERS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 SPECIAL EVENT EXPENSES 442,128 SPECIAL EVENT EXPENSES -442,128