The Foundation for Lee County

“After a draft of the tax return was prepared, it was reviewed with the chairman, the finance committee and the executive director. Each board member was given notice that the form 990 was available to each board member.”

“Each officer and board member will recuse themselves from any discussion and vote for which a conflict for themselves or their family may exist. Determination of whether a conflict may exist is made at a managment, board member, officer, and individual level. Actual conflicts are reviewed by the board, without the presence of the interested party.”

“The foundation follows the process described in treas. Reg. 4958(6)(c) for establishing the rebuttable presumption of reasonableness in the review, approval, and documentation of officer and key employee compensation. As part of the annual budgeting process, the entire governing board reviews and approves the entire compensation package of each person based on comparability factors including but not limited to the size of the foundation, the geographical location of the foundation, and the employee's length of service.”

“Refer to form 990, page 6, part vi, section b answer to 15a.”

“Form 990 is posted to the foundations website when filed with the irs, copies are available upon request during normal business hours.”

“Volunteers by program benefited by our heartfelt gratitude. 158 take stock in children 39 take stock in children 5k 34 student scholarships 2 collegium 10 resource center 11 classroom grants 15 golden apple 6 kids tag art 275 total volunteers ====”

“Sanibel school fund (ss) the sanibel school reflects contributions received and related expenditures made specifically for the sanibel school. Education resource center (rc) collect new and used donated items to benefit teachers, students and schools at no cost to them. Collegium for the advancement of education (tr) the collegium for the advancement of education is the teacher development element of the golden apple program that offers opportunities for networking as well as educational opportunities to a select group of educators. Futuremakers (fm) this program aims to inspire more high school seniors to take the next step after graduation, whether it is a university, college, or technical/vocational training through presentations and financial aid workshops. Kids tag art (op) lee county kids tag art is an educational fundraising project created in partnership with the lee county tax collectors office and designed to benefit the art classrooms in lee county district schools. This program is offered annually to each elementary school's fifth-grade students. Bonita springs high school fund (bs) the bonita springs high school reflects contributions received and related expenditures made specifically for the bonita springs high school. Other programs (op) at this time, includes discretionary fund, access homeless fund, environmental education (edison fairs), hurricane ian relief, new teachers social, kids tag art, jeff sommer memorial scholarships, suncoast c. U. Scholarships,allegretti foundation scholarships, top chef scholarships, angela mates scholarships, betty smith carriere scholoarships, allegretti scholarships, shevach scholarships & shadow woods scholarships. College & career initiatives (cc) in collaboration with local lee county businesses, we offer various opportunities to educate students and educators in the district. Our programs give them the opportunity to learn about local career fields focused on stem and educational requirements for those careers. Our college and career center prepares lee county public school students for post-secondary education, technical training, or entering the workforce. This is accomplished through scholarship search, act prep, financial literacy, and career exploration. Student advocacy & mentoring program (sa) this program works with at-risk, low-income students in the district by offering resources and volunteer mentors to assist students completing their high school education and continuing post-secondary education. Southwest florida theatrical society this program provides for an annual theatrical competition. Administration (ad) administration includes fund-raisers, business partners/state of our schools, and other activities and special events not specifically identified in other programs.”

“Direct expenses 178,346 direct expenses -178,346”