Share |

Beverly Education Foundation Inc.

 PO Box 407
 Beverly, MA 01915
[P] (978) 921-4405
[F] (978) 921-8241
www.bevedfoundation.org
info@bevedfoundation.org
Anna Green
Facebook Twitter
INCORPORATED: 1997
 Printable Profile (Summary / Full)
EIN 04-3398414

LAST UPDATED: 11/22/2015
Organization DBA Beverly Education Foundation
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

--

Mission StatementMORE »

The Beverly Education Foundation, Inc. provides a public / private partnership to support the Beverly Public Schools. This collaboration is necessary to offset budgetary challenges facing our schools.
 
The Beverly Education Foundation, Inc. shall enhance and support improvements in the educational experience for Beverly Public School students as well as providing professional development for its faculty facilitating greater learning opportunities for our children.
 
Through our activities we shall model for the Beverly Public School students the important and necessary role we all have in our community. We hope to encourage the idea that we make our community stronger because we are not just beneficiaries of the community, but the benefactors.
 
Efforts of the Beverly Education Foundation, Inc. will aid our children and children's children to become more flexible in thought, responsible in deed, and active members of society.
 

Mission Statement

The Beverly Education Foundation, Inc. provides a public / private partnership to support the Beverly Public Schools. This collaboration is necessary to offset budgetary challenges facing our schools.
 
The Beverly Education Foundation, Inc. shall enhance and support improvements in the educational experience for Beverly Public School students as well as providing professional development for its faculty facilitating greater learning opportunities for our children.
 
Through our activities we shall model for the Beverly Public School students the important and necessary role we all have in our community. We hope to encourage the idea that we make our community stronger because we are not just beneficiaries of the community, but the benefactors.
 
Efforts of the Beverly Education Foundation, Inc. will aid our children and children's children to become more flexible in thought, responsible in deed, and active members of society.
 

FinancialsMORE »

Fiscal Year July 01, 2015 to June 30, 2016
Projected Income $75,000.00
Projected Expense $50,000.00

ProgramsMORE »

  • 1 to 1 Learning Initiative
  • Greening the Grid with Viridian Energy
  • Honor A Teacher
  • Teacher/Parent Grants
  • Textile Recycling with Baystate Textiles

Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

The Beverly Education Foundation, Inc. provides a public / private partnership to support the Beverly Public Schools. This collaboration is necessary to offset budgetary challenges facing our schools.
 
The Beverly Education Foundation, Inc. shall enhance and support improvements in the educational experience for Beverly Public School students as well as providing professional development for its faculty facilitating greater learning opportunities for our children.
 
Through our activities we shall model for the Beverly Public School students the important and necessary role we all have in our community. We hope to encourage the idea that we make our community stronger because we are not just beneficiaries of the community, but the benefactors.
 
Efforts of the Beverly Education Foundation, Inc. will aid our children and children's children to become more flexible in thought, responsible in deed, and active members of society.
 

Background Statement

The Beverly Education Foundation, Inc. is a nonprofit corporation organized in 1997 under the laws of the Commonwealth of Massachusetts. It is dedicated to enhance and enrich public education in Beverly, Massachusetts and is comprised of a network of volunteers, parents, educators, students, and community members and businesses. The Beverly Education Foundation supports innovative programming through grants to enhance literacy skills in students K-2, to extend research based mathematics instruction in the middle schools, to assist young readers through Accelerated Reader programs and graphic novels, to support Science, Technology, Engineering, Arts, and Mathematics (STEAM), to partner with Peabody Essex Museum with our Advanced Placement Art Studio, to provide students with the basics of nutrition and cooking, to fund composting and green team initiatives in the schools, to help at risk students transition to high school successfully, and to support the 1 to 1 technology initiative at the Beverly High School. We have distributed over $200,000.00, funding over 130 grants touching all schools and all grades. The 1 to 1 Learning Initiative at Beverly High School has by far been our biggest project and will perhaps have the greatest impact upon education in Beverly because of the way it has and will connect students and families to the evergrowing information and innovation that technology and the internet can provide. The bulk of our funding goes directly to aid students near or below the poverty line who are in the digital divide, a term coined by President Clinton referring to families who are unable to access the internet and do not possess literacy in technology. The goal of the Foundation in supporting this Initiative is to enable these students to leverage the technology access to become better educated and prepared to enter college or join the workforce.

Impact Statement

The Beverly Education Foundation achieved a remarkable year of funding targeted programs to enhance STEM; to promote environmental education and awareness throughout the District, to provide best practices and professional development for the District’s educators; and to offer funding for inclusive opportunities to those students who qualify for federal assistance and who are economically disadvantaged. Family Math and Science Nights and Science Fairs were held in all elementary schools and for the first time ever, at Briscoe Middle School. One 6th grade Briscoe student placed1st at the Massachusetts State Science & Engineering Fair becoming the 2015 recipient of the Genzyme Award in Science.
 
In October of 2014, the Beverly Education Foundation featured David S. Ferriero, Archivist of the United States (AOTUS) and Beverly High School Class of 1963, as a speaker to the BHS students as well as to the public that evening. The "Collector in Chief" shared stories from his transformation of the record-keeping institution of our nation's history and the National Archive's ongoing embrace of technology. Mr. Ferriero was joined by his English teacher, Mr. Hollerer, and many of his classmates in a reception prior to the evening talk with School Committee and City leadership.
 
This past year, the Beverly Education Foundation received a record amount of donations for Honor A Teacher, in honor of teachers, paraprofessionals, support staff, and custodians who made a difference in the lives of their students and their families. Teacher/Parent Grants are directly funded through the Honor a Teacher campaign. This year, the Beverly Education Foundation funded 8 grant requests totaling $9,450.00 for the BHS Advanced Placement Art Program at the Peabody Essex Museum, technology access at Briscoe Middle School, Reading & Author Festival, Accelerated Reader, and hands-on learning at the Cove School Vernal Pool, and Learning Commons maker space at Centerville.

Needs Statement

The Beverly Education Foundation’s top 5 needs are Board outreach and development to recruit and grow a talented pool of people to assist in the mission of the Foundation; to obtain committed volunteers to lead specific projects like alumni outreach and distinguished speaker series; to provide better communications and information in all formats to promote greater understanding of the Beverly Education Foundation and its mission to the City leadership, School District, principals, PTO presidents, families and community; to provide inclusive educational excellence to support the Beverly High School’s 1 to 1 Laptop Initiative by subsidizing laptops to support 21st century teaching and learning; and to continue to grow the endowment fund to insure of continued vitality of the Foundation for future generations.

CEO Statement

The Beverly Education Foundation does not have a CEO or an Executive Director.  I have served as Treasurer of the Foundation for 15 years and now serve as the Vice-President.  In my opinion, the uniqueness of the Beverly Education Foundation is its small
group of dedicated volunteers who carry out the vision and mission of supporting quality public education in Beverly; its focus on being lean to obtain the greatest advantage of our tax exempt donations; and its ability to look further down the road to take on more challenging endeavors such as the 1 to 1 Learning Initiative at the Beverly High School. 
 
Anna T Green, Vice-President

Board Chair Statement

As President of the Beverly Education Foundation since inception, I am proud of our very lean operation with great volunteers; however, that is difficult to sustain.  Many wish to volunteer in their own schools/sports to directly affect their own children versus volunteering with the Foundation for opportunities to affect city wide public education.  Name recognition and “marketing” are down from in the past.  Attempts to bring them up will cost money.  We wish to spend the money on the grants, not on advertising.  We need more/new board members; however, we lose out to the much larger entities such as the local YMCA and Main Streets.  The reason I choose to volunteer is because of the GREAT programs we support.  I get a view of ALL the schools and the programs taking place in those schools.  The Beverly Education Foundation helps to continue those programs through funding – AND – we have a great “view” into what is working at a given school.  Given something that is working, we try to help spread the word to allow other schools to also have that successful program.   
 

We have the ability to bring the community together by raising the profile of public education through keynote speakers events
and lectures that inform and benefit teachers, parents and students alike. Another avenue for the community to
acknowledge our teachers is the annual Honor A Teacher campaign. Most recently we have begun to help shape the future through the financial support for the 21st century 1 to 1 Learning Initiative at Beverly High School.

Douglas B. Walker, President

 

Geographic Area Served

NORTHEAST REGION, MA

The geographic area served is the city of Beverly, Essex County,  Commonwealth of Massachusetts.
 

Organization Categories

  1. Education - Elementary & Secondary Schools
  2. Science & Technology - Engineering & Technology
  3. Arts,Culture & Humanities - Arts & Culture

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

1 to 1 Learning Initiative

The 1 to 1 Learning Initiative at Beverly High School (BHS) is a program where every student has a laptop in new wireless classrooms. This program commenced four year ago and has been met with great excitement and enthusiasm by both teachers and students. The Beverly School District is placing key 21st century learning tools in the hands of Beverly High School students for use anytime, anywhere. The 1 to 1 Learning Initiative will enable each student to:
 
•Learn at their own pace with tools that complement their learning style and educational interests.
•Communicate with potentially millions of other students for a global educational opportunity.
•Review materials covered in class via on-line portals maintained by their teachers 24/7.
•Connect in-school education with “real world environment”.
•Access the vast on-line resources available to enhance true digital learning.
 
The BHS 1 to 1 laptop program has reached a milestone as it is finishing up its fourth year of great success. This year’s seniors leased a brand new laptop as Freshmen and over their fours years
at BHS have paid off their leases. Most are leaving as an owner of a laptop that still has a couple more years of life left! While the participation approaches 98%, many students struggle financially to participate in the program. Either they cannot make their payments on a regular basis or cannot afford the program at all and use loaners during the school day. The Beverly Education Foundation has provided over $60,000.00 for the 1 to 1 Learning Initiative. The Foundation helps bridge the digital divide by providing subsides for students and families who could not afford them otherwise. This funding allows each student a laptop while maintaining the philosophy that all must have skin in the game.  The 1 to 1 is once again an Apple Distinguished Program for Innovation.  Increased technology integration has resulted in more awards for BHS Media classes for student work.

Budget  $50,000.00
Category  Science & Technology, General/Other Computer & Information Science
Population Served Adolescents Only (13-19 years) K-12 (5-19 years) Children Only (5 - 14 years)
Program Short-Term Success 
As of the last published enrollment numbers, there are 1,274 students at Beverly High School. 1,010 students are enrolled in the lease to own laptop program. Another 80 have their own laptops. For the 250 students who meet the federal guidelines for the free and reduced lunch program, the price to lease a laptop is subsidized, but all participants pay something. Even with this price reduction in place, not all students can afford to participate.
 
It is the Beverly Education Foundation that provides the subsidizing funds. In addition to subsidizing those at the federal poverty level for the 1 to 1 Laptop Initiative, the Foundation is working to provide an additional financial subsidy for those families that do not meet the federal guidelines for free and reduced lunch subsidies, but nevertheless cannot afford to participate in the lease to own option. Within the city of Beverly, 40% of households fall into the digital divide. Those in the digital divide are far less likely to have access to technology than those who make an annual household income above $75,000.00 (National Telecommunications & Information Administration, “Falling Through the Net: Defining the Digital Divide”). Beverly Public School District believes that every child, regardless of family income, should be eligible to participate in 21st Century Learning. The barrier is financial. The Beverly Education Foundation is working to provide the necessary funds to put technology into the hands of every Beverly High School student so that no child will be left in the digital divide.
Program Long-Term Success  Beverly was provided a unique and a once in a lifetime opportunity when the City of Beverly and the Beverly Public School leadership decided to build and design a new high school. With a new high school being designed, the ability to construct a truly 21stCentury facility was presented. Beverly city and school leadership saw the potential and immediately began to incorporate into the design plans items to support 21stCentury learning.                                  

During research and travels, new schools constructed without computer labs were of great interest. At these schools, computers and technology were available everywhere via a wireless platform and is reflective of the way the workplace exists today. This difference allows teachers to seamlessly incorporate technology into the curriculum as technology can be viewed as the pen and paper of our time.

The benefit to education is that learning may occur any time, all the time, rather than marching down to the computer room to use technology. Besides the strong educational benefits, the cost savings in construction and energy resulted in the new Beverly High School building being LEED certified.

Program Success Monitored By 
The 1 to 1 Learning Initiative has just finished it's first year, and the subscriptions for the second year are on track to be similar if not better.  There is no available testing scores with which to measure how the 1 to 1 is working, but the excitement of both teachers and students for teaching and learning is indeed palpable at the Beverly High School.
Examples of Program Success 
Please check out a video made by Beverly High School students detailing the difference the Learning Initiative program is having already on teaching and learning at https://mybhsonline.org/groups/bhstechnologyinitiative/

In the very specific, literal sense, the impact of the 1 to 1 Learning Initiative has been immediately felt by many with special learning needs. For example, ready access to digitized text has helped students with disabilities access the curriculum to keep pace with their peers. Students with low vision disabilities can increase the font size of text, students with reading disabilities can use the text to speech feature, and students with organizational issues can highlight and organize text to help study for tests.



 

 

Greening the Grid with Viridian Energy

The mission of Beverly Education Foundation is to stimulate inclusive educational excellence in the Beverly Public Schools; we are aided in that mission by our partnership with Viridian Energy, which provides customers with a green energy alternative to their electricity supplier, and also donates $2 per customer to the Foundation each month. Visit www.viridian.com/bef to sign up.  These funds, and others we raise, allow us to contribute to the quality of education in Beverly, and to equal opportunity for the 25% of students in the district who qualify for a free or reduced lunch. For example, we fund the participation of children from this disadvantaged population in ‘Nature’s Classroom’, an annual week-long, off-site environmental education program for 6th graders. The program helps build community, together with awareness of the environment and its protection. We were proud to support the composting program which students returning from ‘Nature’s Classroom’ established at Briscoe Middle School.
Budget  $500.00
Category  Environment, General/Other Energy Resources
Population Served General/Unspecified Families Adults
Program Short-Term Success 
This partnership will assist in our focus on environmental education and offering energy alternatives which help educate all residents in Beverly and allows them to use Viridian as their energy supplier.
Program Long-Term Success 
The ultimate change resulting from this partnership will be the greening of the electrical grid, thereby reducing the amount of greenhouse gases and providing alternatives to electrical consumers.
Program Success Monitored By 
Our program will be successful if more people sign up with Viridian.  The Beverly Education Foundation receives money to further invest in funding our programs.
Examples of Program Success 
The more people signing up for this greening of the grid and alternative energy sources, the more funding we receive to further our mission.

Honor A Teacher

The Beverly Education Foundation’s annual Honor A Teacher
event supports all educators including teachers, paraprofessionals, ESP, and librarians. Donations of $25.00 may be made in the name of that special teacher who have made a difference. A certificate is sent to the teacher indicating both the donation in their name as well as how important they have been in the student’s life. Many parents attach comments to the donation about why they are honoring this teacher. With a donation of $10.00 or more made in the name of the teacher honored, a card will be sent to the teacher indicating the parents’ thanks for all the time, effort and caring they have given the student throughout the year. In memoriam donations are thoughtful way to let the families of deceased students, teachers and administrators know that their loved ones have made a difference in Beverly education (donation of $15.00 or more).

Budget  $3,800.00
Category  Education, General/Other Elementary & Secondary Education
Population Served K-12 (5-19 years)
Program Short-Term Success 
The short term success of this program is the ability to help fund the Teacher/Parent Grants from the donations which we receive.
Program Long-Term Success 
The Honor A Teacher program has contributed to the development and wherewithal of the Beverly Education Foundation by showcasing the wonderful and diverse set of educators which we have in the Beverly Public Schools. It has also promoted and highlighted the teachers and their life of work in teaching.
Program Success Monitored By 
The program success is monitored by how each year we continue to increase the donations of the Honor A Teacher campaign.
Examples of Program Success  One example of how people have participated in this annual event is from an elderly woman who wrote of her bookkeeping teacher and what an inspiration he was to her throughout her life. 

Teacher/Parent Grants

The Beverly Education Foundation’s Teacher/Parent Grants highlight a private commitment to innovation in public education.  Grants are awarded once a year in the spring, for initiatives for the following academic year which are aligned with and enhance and enrich the curriculum. The Beverly Education Foundation looks to encourage and support collaborative efforts among teachers, administrators, parents, and community organizations. We seek to maintain a focus on innovation while linking the grants to system-wide goals and we support major grants that impact a significant number of students.  Grant proposals must demonstrate the potential to impact students, educators, and the community beyond its initial scope for lasting benefit. The Beverly Education Foundation supports grants which include a feasible plan for establishing a secondary pool of beneficiaries and the re-use of materials and equipment purchased within the grant. The Beverly Education Foundation provides feedback to grant applicants through the grants review process and through the follow-up reports once the grant has been completed.

Budget  $4,000.00
Category  Education, General/Other Elementary & Secondary Education
Population Served K-12 (5-19 years) K-12 (5-19 years) K-12 (5-19 years)
Program Short-Term Success 
The immediate outcomes of the Grants program is the infusion of creativity and innovation on a yearly basis to encourage teaching and learning.
Program Long-Term Success 
The Beverly Education Foundation's Grants program has awarded over 69,000 since 2002 in 2 District grants, 48 Teacher/Parent Grants, and 48 Mini-Grants in areas such as science, technology, engineering, and mathematics, particularly in its application to everyday living (how do we use science and mathematics and in conjunction with technology and engineering; literacy at the K-5 level and at the middle school level (proposals which support reading and literacy); professional development, particularly at the middle schools and high school (proposals which develop new strategies of teaching that deal with the application of technology, which rethink the areas of directed studies and academic support centers); and use of technology to enhance and enrich learning in all grades; and standards-based responses to MCAS and study skills at the high school level.
Program Success Monitored By 
The Beverly Education Foundation has each grant recipient commit to reporting at the completion of the grant to account for funds and to assess whether they met their goals for the grant.  A grant funding report is filed at the end of each grant cycle assessing the outcomes and the long and short term successes of each grant.
Examples of Program Success 
One program that the Beverly Education Foundation has been a proud sponsor of is the Beverly High School Advanced Placement Art Studio course.  This course has a multivisit program with the Peabody Essex Museum in Salem.  Students are exposed to new techniques, concepts, and cultural  awareness through the artists' works.  The course ends with a Student Exhibition at the Peabody Essex.  This year's exhibition included the student's use of technology in creating their exhibition invitation as well as Podcasts on their visits and work.  This program has resulted in more than one paid internship position for students taking this course.

Textile Recycling with Baystate Textiles

There are dropboxes located at the McKeown and Memorial School buildings in Beverly. Residents may dispose of unwanted clothing, shoes, linens, accessories, and stuffed animals that otherwise would have been thrown out. Baystate Textiles picks up the items and pays the Beverly Education Foundation based on the weight. That money is re-invested in additional learning, enrichment, and professional development programs for Beverly students.

This ongoing recycling program is win-win for everyone involved.
Not only does the Beverly Education Foundation earn extra revenue ($100 for every ton of textiles), but the city of Beverly benefits as well. Dumping fees are on the rise and the city needs to reduce costs wherever they can. This program takes tons of waste out of the general waste stream which provides the city significant savings in tipping fees ($74 per ton). It is also a win for the environment as a whole. By recycling textiles, not only are they kept out of the waste stream, but we save the natural resources used in manufacturing them.

The Beverly Education Foundation is proud to participate in this partnership with Baystate Textiles along with all 7 schools in the Beverly Public School District.
Budget  $0.00
Category  Environment, General/Other Recycling
Population Served Families General/Unspecified Children and Youth (0 - 19 years)
Program Short-Term Success 
As Beverly prepares for a pay as you throw system, this program offers an easy way to promote awareness of how easy it is to recycle textiles. 
Program Long-Term Success 
The ultimate change that will result from this partnership with Baystate Textiles is providing awareness that  95% of textiles which are clean and dry may be reused or recycled. 
Program Success Monitored By 
Further program success will be seen by an increase in the tons diverted, by more collections taking place throughout Beverly, and by the increase of reusing and recycling post-consumer textiles.
Examples of Program Success  Since inception of this program, the Beverly Education Foundation has received over $900.00 thereby diverting in excess of 9 tons of textiles from the waste stream. 

CEO/Executive Director/Board Comments

--

Management


CEO/Executive Director Mr Douglas B Walker
CEO Term Start Dec 1997
CEO Email dwalker@landmarkschool.org
CEO Experience
Doug Walker has been the President of the Beverly Education Foundation since inception.  He is a science teacher at the Landmark School in Beverly, Massachusetts and a sailing coach and advisor for the Landmark School as well as the Beverly High School Sail Team and the Manchester Athletic Club team.
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? Yes
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Staff Information

Number of Full Time Staff 0
Number of Part Time Staff 0
Number of Volunteers 10
Number of Contract Staff 0
Staff Retention Rate % 0%

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 0
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 0
Male: 0
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? No
Years Strategic Plan Considers --
Management Succession Plan No
Business Continuity of Operations Plan No
Organization Policies And Procedures No
Nondiscrimination Policy No
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit Yes
State Registration --

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? N/A
CEO Formal Evaluation and Frequency No N/A
Senior Management Formal Evaluation and Frequency N/A N/A
Non Management Formal Evaluation and Frequency N/A N/A

Governance


Board Chair Mr Douglas B Walker
Board Chair Company Affiliation Landmark School
Board Chair Term Oct 2013 - Oct 2014
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term Oct 2013 - Oct 2015

Board Members

Name Company Affiliations Status
Ms Catherine Barrett Endicott College Voting
Ms. Elizabeth Gibbons Volunteer Voting
Ms Anna T Green Anna T Green, Attorney At Law Voting
Mr Scott Houseman Delvecchio & Houseman, Attorneys At Law NonVoting
Mrs Jody King Fiduciary Trust Voting
Mrs Hillary Lacirignola Weston & Sampson Engineering Voting
Mrs Lisa Lillelund Mango Networks Voting
Ms. Jessica Lordan Volunteer Voting
Ms Joanna Murphy Scott Community Volunteer Voting
Mrs Lori Simoglou Volunteer Voting
Ms Maria Teigeiro Cisco Voting
Mrs Lorinda K Visnick Progress Software NonVoting
Mr Douglas B Walker Landmark School Voting
Mr Adam Winn Reading Cooperative Bank Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 11
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 8
Male: 3
Not Specified 0

Board Information

Board Term Lengths 2
Board Term Limits 0
Board Meeting Attendance % 90%
Written Board Selection Criteria No
Written Conflict Of Interest Policy No
Percentage of Monetary Contributions 55%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation No

Standing Committees

    --

CEO/Executive Director/Board Comments

The challenge that the Beverly Education Foundation is facing is the recruitment of a talented pool of people to allow the Foundation to grow in scope and mission. Towards that end, current board members have been focusing on advancing the name and reputation of the Foundation through funding innovative grants throughout the District, by inviting guest speakers to raise the profile of public education, promoting environmental awareness and responsibility, honoring educators, and highlighting our efforts to provide inclusive educational opportunities for all students of all levels of learning. Although we are a very small organization, we have been able to fund over $200,000.00 in grants including 21st century teaching and learning.

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Fiscal Year July 01, 2015 to June 30, 2016
Projected Income $75,000.00
Projected Expense $50,000.00
Form 990s

2014 Form PC

2013 Form PC

2012 Form PC

2011 Form PC

2010 Form PC

2009 Form PC

Audit Documents --
IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2014 2013 2012
Total Revenue $59,788 $50,984 $32,252
Total Expenses $48,469 $7,012 $45,314

Prior Three Years Revenue Sources

Fiscal Year 2014 2013 2012
Foundation and
Corporation Contributions
$37,833 $35,333 $18,000
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $21,800 $15,428 $13,861
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $155 $223 $391
Membership Dues -- -- --
Special Events -- -- --
Revenue In-Kind -- -- --
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2014 2013 2012
Program Expense $45,734 $4,850 $45,200
Administration Expense $2,229 $1,283 $114
Fundraising Expense $506 $879 --
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.23 7.27 0.71
Program Expense/Total Expenses 94% 69% 100%
Fundraising Expense/Contributed Revenue 1% 2% 0%

Prior Three Years Assets and Liabilities

Fiscal Year 2014 2013 2012
Total Assets $95,442 $91,135 $85,465
Current Assets $95,442 $91,135 $85,465
Long-Term Liabilities $0 $0 $0
Current Liabilities $0 $7,012 $45,314
Total Net Assets $95,442 $84,123 $40,151

Prior Three Years Top Three Funding Sources

Fiscal Year 2014 2013 2012
1st (Source and Amount) Cummings Foundation Grant $33,333.00
Cummings Foundation Grant $33,333.00
Devereaux Foundation $5,000.00
2nd (Source and Amount) Cell Signaling Technology $2,500.00
Beverly Education Foundation Carnival $3,803.00
Danversbank Charitable Foundation $5,000.00
3rd (Source and Amount) Beverly Bank $2,000.00
BHS Class of 1963 $2,700.00
Wells Fargo Foundation $4,000.00

Financial Planning

Endowment Value $56,000.00
Spending Policy Percentage
Percentage(If selected) 40.0%
Credit Line No
Reserve Fund Yes
How many months does reserve cover? 12.00

Capital Campaign

Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose The Beverly Education Foundation is committed to supporting 21st century learning skills at Beverly High School. Digital technology is this generation’s paper and pen. All school systems are challenged to find the best ways to harness digital technology and bridge the digital divide. Beverly High has a program in place that is well designed, sustainable and will be used by surrounding schools as a model. Funds raised by the Beverly Education Foundation will be used to: Support the cost of running the laptop tech support & intern center. Subsidize laptop expenses for students who qualify for the free and reduced lunch program, as well as those who need, but missed by a marginal amount, qualifying for financial assistance. The Beverly Education Foundation’s mission in support of the 1 to 1 Laptop Initiative is to create a seamless learning experience for all Beverly High School students by decreasing or eliminating the digital divide
Campaign Goal $250,000.00
Capital Campaign Dates July 2011 - June 2016
Capital Campaign Raised-to-Date Amount $98,000.00
Capital Campaign Anticipated in Next 5 Years? No

Short Term Solvency

Fiscal Year 2014 2013 2012
Current Ratio: Current Assets/Current Liabilities -- 13.00 1.89

Long Term Solvency

Fiscal Year 2014 2013 2012
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

--

Foundation Comments

This organization files a 990-N, also known as a 990 postcard with the IRS. The organization files a Form PC with the state of MA, which includes a completed 990-EZ, not filed with the IRS. Financial summary data in charts and graphs above is per the organization's 990-EZs and data from the Form PCs.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

--

2. What are your strategies for making this happen?

--

3. What are your organization’s capabilities for doing this?

--

4. How will your organization know if you are making progress?

--

5. What have and haven’t you accomplished so far?

--