The Education Foundation of Indian River County Inc logo

The Education Foundation of Indian River County Inc

Public charity · Grantmaker Vero Beach, FL EIN: 59-3118402 Website

To supplement educational programs in indian River county.

Key facts about The Education Foundation of Indian River County Inc

In short: The Education Foundation of Indian River County Inc gave $317K across 3 grants in 2023 (avg $106K), mostly in Florida. Source: 2023 IRS Form 990.

EIN
59-3118402
Latest 990 filing
Form 990, 2023
Annual giving (2023)
$317,072
Grants made (2023)
3
Average grant
$105,691
Median grant
$146,248
Total assets
$358,576
Primary geography
Florida (100% of itemized 2023 grant dollars)

Data from IRS Form 990, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990 · View filing

Total Assets

$359K

-54.7% YoY

Annual Giving

$317K

+45.0% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$106K

-3.3% YoY

How The Education Foundation of Indian River County Inc gives

  • Giving grew 101% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Education Foundation of Indian River County Inc

Based on IRS filings

The Education Foundation of Indian River County Inc is a public charity focused on Education, based in Vero Beach, FL. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $359K in total assets. In 2023, it awarded 3 grants totaling $317K. Net investment income was $2K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2023 grant dollars across all 3 itemized grants.

States

Cities

Vero Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants2019 2 grants2020 2 grants2021 2 grants2022 3 grants2023

From 2019 to 2023, annual grant giving ranged from $158K (2020) to $317K (2023). In 2023 it made 3 grants totaling $317K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

School District of Indian River County: $307K across 2 grantsSchool District of IndianRiver County$307K · 2 grantsGifford Youth Orchestra Inc: $10KGifford Youth Orchestra Inc$10K

The largest 2023 recipient was School District of Indian River County ($307K across 2 grants). Together the top 2 received $317K.

Grant Size Distribution

11 grants across all recorded years

2<$50K3$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 6 grants of 11 (55%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
School District of Indian River County Vero Beach, FLProvide funding for step into kindergarten pre-k summer program.$160,824
School District of Indian River County Vero Beach, FLProvide funds for classroom and school projects not normally funded by the school system.$146,248
Gifford Youth Orchestra Inc Vero Beach, FLProvide Funding for Musical Instruments and Program Support.$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M2019 2020 2021 2022 2023
Metric202320222021
Total Assets$358,576$790,776$876,184
Revenue$438,310$366,308$493,978
Expenses$699,070$494,097$549,032
Net Investment Income$2,259$4,494$6,333

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS March 30, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS March 23, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS February 16, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  6. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

The Education Foundation of Indian River County Inc is led by Douglas Herron, Executive Director on every filing since 2020; 2 of 12 officers listed in 2023 are compensated.

Officers on the 2023 filing

  • Douglas Herron

    Executive Director

    On filings since 2020

    40 hrs/week

    $58K (2021) → $81K (2023)

  • Heidi Leone

    Executive Director

    New on the 2023 filing

    40 hrs/week

    $48K (2023)

  • Laica Gerwien-Moreta

    President & Chair

    Director → President & Chair, 2022

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jim Elford

    Director

    Director → Vice Chair, 2022

    Vice Chair → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lee Moore

    Director

    Director → Secretary, 2022

    Secretary → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Helen Millman

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Cindy Emerson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Eric Seymour

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kenny Holmes

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Khahilia Shaw

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Chris Bieber

    Treasurer

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Logan Geeslin

    Secretary

    New on the 2023 filing

    1 hr/week

    No compensation reported

Former officers (18)
  • Former: James McGuigan (2020–2022) — Past Treasurer
  • Former: William Douglas (2020–2022) — Past President & Chair
  • Former: Kathleen Pogany (2021–2022) — Director
  • Former: Ben Keal (2022) — Director
  • Former: Bob Auwaerter (2022) — Treasurer
  • Former: Dwight Brian Holmes (2022) — Director
  • Former: Tracy Carroll (2022) — Director
  • Former: Marion Manchester (2019–2021) — Secretary
  • Former: Cathy Filusch (2019–2020) — Past President
  • Former: Cynthia Falardeau (2019–2020) — Executive Director
  • Former: Margot Kornicks (2019–2020) — Secretary
  • Former: Wanda Lincoln (2019–2020) — Past Vice Chair
  • Former: Pat Blackburn (2020) — Past President
  • Former: Bill Douglass (2019) — Director
  • Former: Brian J. Elwell (2019) — Treasurer
  • Former: Cindi Dixon (2019) — Director
  • Former: Jim McGuigan (2019) — Director
  • Former: Patricia Blackburn (2019) — Director

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Douglas Herron — Executive Director: $81KDouglas HerronExecutive Director$81KHeidi Leone — Executive Director: $48KHeidi LeoneExecutive Director$48K

The highest reported compensation on the 2023 filing was $81K, to Douglas Herron (Executive Director). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The Education Foundation of Indian River County Inc

How much does The Education Foundation of Indian River County Inc give each year?

The Education Foundation of Indian River County Inc gave $317K across 3 grants in 2023, according to its 2023 IRS Form 990. In 2022 it gave $219K across 2 grants.

What is The Education Foundation of Indian River County Inc's typical grant size?

The Education Foundation of Indian River County Inc's median grant in 2023 was $146,248, and its average grant was $105,691, across 3 grants on its 2023 IRS Form 990.

Where does The Education Foundation of Indian River County Inc give grants?

The Education Foundation of Indian River County Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2023 IRS Form 990 went to recipients there. The most frequent recipient cities were Vero Beach, FL (3 grants).

Does The Education Foundation of Indian River County Inc give general operating support?

Not in 2023: none of the 3 grants with a stated purpose on The Education Foundation of Indian River County Inc's 2023 IRS Form 990 were described as general or operating support.

How large is The Education Foundation of Indian River County Inc?

The Education Foundation of Indian River County Inc reported $359K in total assets on its 2023 IRS Form 990. Its revenue that year was $438K.

What is The Education Foundation of Indian River County Inc?

The Education Foundation of Indian River County Inc is a public charity focused on Education, based in Vero Beach, FL. It holds $359K in total assets as of 2023.

What is The Education Foundation of Indian River County Inc's EIN?

The Education Foundation of Indian River County Inc's EIN (Employer Identification Number) is 59-3118402. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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