Educational Institutions

INDIAN RIVER STATE COLLEGE FOUNDATION INC

  • Fort Pierce, FL
  • http://www.irscfoundation.org

Mission Statement

Indian River State College Foundation, Inc. is a Florida corporation not for profit, organized and operated exclusively to receive, hold, invest and administer property, and to make expenditures to, or for the benefit of Indian River State College. To accomplish this, the Foundation actively supports the long-range plan of Indian River State College by providing, but not limited to, scholarships, high-technology equipment, faculty chairs, support of capital projects, and improvements to further enhance student accessibility, and improve the learning environment.

Main Programs

  1. IRSC Student Scholarships
  2. Take Stock in Children Scholarship Program
  3. Fielden Institute for Lifelong Learning at IRSC
  4. Endowed Teaching Chair Program
  5. Student Housing for 184 students - River Hammock
  6. IRSC Faculty/Instructional Support
  7. Educational Facility Support
Service Areas

Self-reported

Florida

Indian River State College's service district covers four counties in Florida, including Indian River, St. Lucie, Martin, and Okeechobee.

ruling year

1966

Executive Director

Self-reported

Ms. Ann L. Decker

Keywords

Self-reported

State College, University, 4 year College; Community College, Education, Students, Scholarships; Adult Education; Lifelong Learning; Endowed Teaching Chairs; Planned Giving

Notes from the Nonprofit

Indian River State College has been rated as the 4th most affordable college in the country and most affordable of Florida colleges according to the U.S. Department of Education's College Affordability and Transparency Report released on June 27, 2013. IRSC moved up in the rankings from the 5th most affordable position last year. The ranking is based on average net prices for colleges throughout the United States.

Indian River State College (IRSC) has been ranked as the 12th top public regional college in the Southern United States by U.S. News and World Report's 2014 rankings of Best Colleges. Over 1,300 colleges and universities were ranked based on 16 measures of quality, including student/faculty ratio, class size, faculty credentials, and retention and graduation rates. IRSC has ranked in the top 12 public regional colleges for the past three years.

Indian River State College has been designated a Military Friendly School by Victory Media, which honors the top 15 percent of colleges, universities and trade schools that are doing the most to embrace America's military service members, veterans, and spouses and to ensure their success as students.

Education is the cornerstone to success. Due to its "open door" admissions policy, any person who has the drive and determination to change his life through education is welcomed at Indian River State College. Its reputation throughout Florida and the nation is one of excellence. The IRSC Foundation is committed to helping students to achieve their educational dreams. This helps the students and also future generations as they become role models for siblings and their future children. Our supporters receive tremendous satisfaction from helping students to help themselves and our community.

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Also Known As

IRSC Foundation

EIN

59-1105591

Physical Address

3209 Virginia Avenue

Fort Pierce, 34981-5596 5596

Contact

Cause Area (NTEE Code)

Undergraduate College (4-year) (B42)

Adult, Continuing Education (B60)

Scholarships, Student Financial Aid, Awards (B82)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Indian River State College Foundation is committed to changing lives through higher education and training.  The IRSC Foundation accomplishes this mission through student scholarships, enhanced equipment, programs for faculty, and support for enhanced learning facilities.  Thousands of students have been able to attend college and/or upgrade their employment skills through training at IRSC.  This makes a tremendous difference to the overall economic vitality of the four counties served by IRSC.  The residents of neighboring communities also benefit from the IRSC Foundation's support through access to improved facilities and library services. The IRSC Foundation also provides affordable, quality student housing by owning and operating a convenient student housing facility for the benefit of students.  In addition, the IRSC Foundation oversees the Fielden Lifelong Learning Institute at IRSC for area residents over the age of 50 who wish to continue learning throughout their lifetimes.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

IRSC Student Scholarships

Scholarships for incoming, current IRSC students and Transfer Scholarships for IRSC graduates planning to continue their education.

Category

Education

Population(s) Served

Adults

Ethnic/Racial Minorities -- General

Budget

$1,800,000.00

Program 2

Take Stock in Children Scholarship Program

The IRSC Foundation is the local lead agency for the Take Stock in Children Scholarship Program.  This innovative program provides motivated low-income children with 4-year college scholarships, volunteer mentors, and student advocates beginning in the 8th grade.  These scholarships provide an incentive for these at-risk children to complete high school and stay out of trouble.

Category

Education

Population(s) Served

Youth/Adolescents only (14 - 19 years)

Young Adults (20-25 years) -- currently not in use

Poor/Economically Disadvantaged, Indigent, General

Budget

$361,832.00

Program 3

Fielden Institute for Lifelong Learning at IRSC

The Fielden Institute for Lifelong Learning at IRSC is designed to celebrate the wisdom of men and women age 50 and better with expanded programming in Vero Beach, Ft. Pierce, Port St. Lucie, Stuart and Okeechobee.

 

The concept of an endowed and self-sustained program with peer-led and peer-directed programming, where members are both student and teacher, is the key to the continued success of the program.

Category

Education

Population(s) Served

Aging/Elderly/Senior Citizens

Adults

Ethnic/Racial Minorities -- General

Budget

$1,000,000.00

Program 4

Endowed Teaching Chair Program

IRSC's Endowed Teaching Chair Program recognizes outstanding faculty members, rewards superior classroom performance and promotes instructional innovation.  Each recipient is awarded for a three-year period and receives a $6,000 annual stipend, of which two-thirds must be used to implement a program to improve classroom instruction or enhance professional development at IRSC. The final one-third of the stipend is paid directly to the faculty member in recognition of his or her professional accomplishments.

Category

Education

Population(s) Served

Adults

Budget

$120,000.00

Program 5

Student Housing for 184 students - River Hammock

Not available

Category

None

Population(s) Served

None

None

None

Budget

Program 6

IRSC Faculty/Instructional Support

The Foundation provides enhancements to the classroom, enrichment programs, faculty stipends, and technology to maintain a superior learning environment.

Category

Educational Programs

Population(s) Served

Adults

Ethnic/Racial Minorities -- General

Military/Veterans

Budget

Program 7

Educational Facility Support

The IRSC Foundation provides funding to enhance state facilities with state-of-the-art technology and equipment. This improves the function of IRSC facilities, which are open to the public.

Category

Educational Delivery

Population(s) Served

Adults

Ethnic/Racial Minorities -- General

Military/Veterans

Budget

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    Our goal for the upcoming year is to award 3,000 student scholarships. The IRSC Foundation not only raises funds through private support , the Foundation staff also administers the funds for scholarships. This makes it possible for staff to closely supervise fiscal activities and to develop relationships with students and donors.
  2. What are the organization's key strategies for making this happen?
    The IRSC Foundation currently holds an annual scholarship drive, working with existing and potential supporters to secure funding for students. In addition, ongoing efforts are in place to secure endowments for permanent scholarships to ensure that funding will always be available for students. Planned gifts are especially important to this effort and a robust planned giving initiative will help us to meet our goals.
  3. What are the organization's capabilities for doing this?
    The IRSC Foundation has a highly-qualified controller on staff who daily supervises fiscal operations. The employees of the IRSC Foundation have been on staff on average a minimum of 10 years allowing for great continuity. Furthermore, the connection to the local business leaders, economic development councils and other civic organizations allow for the college and IRSC Foundation to meet the ongoing educational and vocational training needs of the workforce. In addition to the IRSC Foundation staff, the college has employees who provide legal, accounting, business, marketing, advertising, and educational assistance expertise.
  4. How will they know if they are making progress?
    The IRSC Foundation uses an online strategic planning program and monthly goals are reviewed during staff meetings.
  5. What have and haven't they accomplished so far?
    Our short-term goal of raising funds for scholarships has propelled the staff to set strategic goals of endowing more scholarships to insure they are housed in the IRSC Foundation forever.
Service Areas

Self-reported

Florida

Indian River State College's service district covers four counties in Florida, including Indian River, St. Lucie, Martin, and Okeechobee.

Social Media

Funding Needs

IRSC Student Scholarships; Take Stock In Children Scholarships; and the Fielden Institute for Lifelong Learning at IRSC Endowment Campaign; and Endowed Teaching Chairs.

Accreditations

Southern Association of Colleges and Schools

Affiliations + Memberships

Council for Advancement and Support of Education (CASE)

Association of Fundraising Professionals - Member

Council for Aid to Education

National Committee on Planned Giving

photos




External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

INDIAN RIVER STATE COLLEGE FOUNDATION INC
Fiscal year: Apr 01-Mar 31
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

INDIAN RIVER STATE COLLEGE FOUNDATION INC

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2016, 2015 and 2014
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
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Executive Director

Ms. Ann L. Decker

BIO

Ann L. Decker joined Indian River State College (IRSC) as the Executive Director of the IRSC Foundation Office in January of 2007.Prior to joining IRSC, Ms. Decker spent a career in government service working for the U.S. House of Representatives serving three different Congressmen: Congressmen L. A. "Skip" Bafalis, Tom Lewis, and Mark Foley.  Ms. Decker's work focused on the variety of issues facing the local constituents in the 16th Congressional District of Florida. 

Ms. Decker graduated from Indian River Community College (now IRSC) with her Associate in Arts (A.A.) degree in business, from Barry University with a Bachelor Degree in Professional Business Management, and Nova University with a Master's Degree in Public Service Administration.

STATEMENT FROM THE Executive Director

""The IRSC Foundation provides the margin of excellence to help IRSC maintain its reputation as one of the top state colleges in the nation.  Thanks to our generous friends who believe in the good work IRSC is doing for our community, we are able to support three key areas -- student scholarships, enhanced facilities, and faculty/instructional support. We welcome your partnership and support as we positively impact the lives of our students and our community."

Ann Decker, Executive Director, IRSC Foundation"

Governance

BOARD CHAIR

John Mallonee M.D.

St. Lucie Eye Associates

Term: Dec 2014 - Dec 2016

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
Race & Ethnicity
Sexual Orientation

This organization reports that it does not collect this information for Board Members, Senior Staff, Full-Time Staff and Part-Time Staff.

Disability

We do not display disability information for organizations with fewer than 15 staff.

Diversity Strategies
No
We track retention of staff, board, and volunteers across demographic categories
No
We track income levels of staff, senior staff, and board across demographic categories
No
We track the age of staff, senior staff, and board
No
We track the diversity of vendors (e.g., consultants, professional service firms)
No
We have a diversity committee in place
No
We have a diversity manager in place
No
We have a diversity plan
No
We use other methods to support diversity