Florida Education Fund Inc.
Florida Education Fund Inc.
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About this organization
Mission
To promote greater institutional and educational advancement for historically underrepresented groups
About
McKnight Doctoral Fellowship Program: Established in 1984, the Florida Education Fund's McKnight Doctoral Fellowship Program has increased the number of African and Hispanic Americans who have been awarded the Ph.D. in historically underrepresented, crucial disciplines and fields of study where African and Hispanic Americans have not historically enrolled and completed degree programs. Some 1,350 fellowships have been awarded to African and Hispanic Americans pursuing the Ph.D. degree and the program enjoys an impressive near 89% retention rate. Of this number, 735 fellows have graduated with the Ph.D. degree, with an average completion rate of 5.6 years. (Continued on Schedule O) Up to 50 fellowships (renewable for up to five years) are granted each year to students pursuing a doctoral degree at one of 9 participating institutions in the state of Florida. Each fellowship consists of tuition, fees, and stipend.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “To strengthen the larger community by developing and implementing programs and services that lead to institutional enhancement and greater educational advancement for historically underrepresented groups.”.
When explaining its purpose, the activities were described as: “To promote greater institutional and educational advancement for historically underrepresented groups”.
- The non-profit is legally allowed to operate in the state of FL, as reported.
- The filing provides the non-profit's address in 2020 as 201 E KENNEDY BLVD NO 1525, TAMPA, FL, 33602.
- The non-profit has a total of 7 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $208,977.
- The organization has 10 independent voting members.
- The organization was formed in 1984.
- The organization pays $898,136 in salary, compensation, and benefits to its employees.
- The organization pays $12,158 in fundraising expenses.