The Education Foundation of Indian River logo

The Education Foundation of Indian River

VERO BEACH, FL EIN: 59-3118402 Website

TO SUPPLEMENT EDUCATIONAL PROGRAMS IN INDIAN RIVER COUNTY.

Financial Overview

From 2023 IRS Form 990-PF · 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

About The Education Foundation of Indian River

Based on IRS filings

The Education Foundation of Indian River is a nonprofit organization focused on Education, based in VERO BEACH, FL. IRS filing data is available from 2020 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

1states

States

Cities

Vero Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$238K$476K$714K$952K2020202120222023
Metric202320222021
Total Assets$358,576$790,776$876,184
Revenue$438,310$366,308$493,978
Expenses$699,070$494,097$549,032
Qualifying Distributions
Net Investment Income$2,259$4,494$6,333
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$79K$159K$238K$317K2 grants20202 grants20212 grants20223 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

SCHOOL DISTRICT OF INDIA…$161KSCHOOL DISTRICT OF INDIA…$146KGIFFORD YOUTH ORCHESTRA …$10K

Grant Size Distribution

9 grants across all recorded years

2<$50K2$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include School District of Indian River County ($160,824), School District of Indian River County ($146,248), Gifford Youth Orchestra Inc ($10,000).

RecipientPurposeAmount
SCHOOL DISTRICT OF INDIAN RIVER COUNTY VERO BEACH, FLPROVIDE FUNDS FOR CLASSROOM AND SCHOOL PROJECTS NOT NORMALLY FUNDED BY THE SCHOOL SYSTEM.$146,248
SCHOOL DISTRICT OF INDIAN RIVER COUNTY VERO BEACH, FLPROVIDE FUNDING FOR STEP INTO KINDERGARTEN PRE-K SUMMER PROGRAM.$160,824
GIFFORD YOUTH ORCHESTRA INC VERO BEACH, FLPROVIDE FUNDING FOR MUSICAL INSTRUMENTS AND PROGRAM SUPPORT.$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

DOUGLAS HERRONEXECUTIVE DIRECTOR$81KHEIDI LEONEEXECUTIVE DIRECTOR$48K

From 2023 filing

NameTitleHoursCompensation
LAICA GERWIEN-MORETAPRESIDENT AND CHAIR5
CHRIS BIEBERTREASURER1
LOGAN GEESLINSECRETARY1
JIM ELFORDDIRECTOR1
CINDY EMERSONDIRECTOR1
KENNY HOLMESDIRECTOR1
HELEN MILLMANDIRECTOR1
LEE MOOREDIRECTOR1
ERIC SEYMOURDIRECTOR1
KHAHILIA SHAWDIRECTOR1
DOUGLAS HERRONEXECUTIVE DIRECTOR40$81,462
HEIDI LEONEEXECUTIVE DIRECTOR40$48,125

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Education Foundation of Indian River?

The Education Foundation of Indian River is a nonprofit organization focused on Education, based in VERO BEACH, FL. It holds $359K in total assets as of 2023.

How large is The Education Foundation of Indian River?

As of 2023, The Education Foundation of Indian River holds $359K in total assets with $438K in annual revenue. It awarded 3 grants totaling $317K in 2023.

Where does The Education Foundation of Indian River operate?

The Education Foundation of Indian River has awarded grants in Florida.

What size grants does The Education Foundation of Indian River award?

In 2023, The Education Foundation of Indian River awarded 3 grants totaling $317K — an average of about $106K per grant, based on its IRS Form 990 filings.

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

The Education Foundation of Indian River's EIN (Employer Identification Number) is 59-3118402. IRS Form 990 filing data is available on this page for 2020–2023.

Explore Open Grants

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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