Florida Education Fund Inc

What it reported doing in 2024

Mcknight doctoral fellowship program: graduation and retention ratesestablished in 1984, the Florida education fund's mcknight doctoral fellowship program has increased the number of scholars who have been awarded the ph.d. In crucial disciplines and fields of study. Some 1,711 fellowships have been awarded to scholars pursuing the ph.d. Degree and the program enjoys an impressive near 87% retention rate which included 360 matriculating fellows and 1,126 graduates.(continued on schedule o)presently 81 fellows have advanced to candidacy. 55 fellows graduated in 2024. 19 fellows graduated since january 2025. 39 new mcknight fellowships and 7 dissertation fellowships were awarded for fall 2025 to students pursuing studies at one of 9 institutions in the state of Florida. Each fellowship consists of tuition, fees, and stipend.professional development activityin addition, during the 2024-25 academic year, we offered fellows our own professional development workshops as well as travel grants for them to attend professional conferences to facilitate their research and publication efforts. Presenting papers at professional conferences not only promotes networking opportunities for job placement but also allows the fellows to receive professional feedback on their research projects. Frequently, participating in these types of conferences may also lead to collaboration opportunities on important cutting-edge research projects. We expanded our writing support services to include not only professional development writing workshops focusing on journal and manuscript publications, but also editorial assistance on grant proposals, conference papers, and reports. These services allow scholars to work with professional editors to help improve writing mechanics and contextual organization, as well as connect students to content experts in specific disciplines.to remain contemporary, we expanded our conference presentations to include a series of special topic panel discussions on best practices for comprehensive exam preparation and dissertation defenses and provided presentations on the significance of artificial intelligence and the impact of new technologies on book and journal publication processes.furthermore, to ensure our scholars take full advantage of america's growing job markets and to provide adequate exposure to colleges and universities, governmental agencies, not-for-profit think tanks, and private sector corporate jobs, we expanded opportunities for job market exhibitors and recruiters to meet our scholars during our annual graduate school conferences.

Financial Efficiency

• Mission deployment rate: 73.2%; rating input score 73
• Program expense ratio: 81.5%; rating input score 82
• Fundraising efficiency: $216.57 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 23.5%; rating input score 80; 80th percentile among comparable filings
• Total-asset coverage ratio: 8.12; rating input score 89; 89th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
• Officer compensation ratio: 17.3%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: -0.5% per year; rating input score 0; 12th percentile among comparable filings
• Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
• Asset growth: 6.3% per year; rating input score 100; 42nd percentile among comparable filings