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Education : Scholarship and Financial Support (Grantmaking)

Cape Eleuthera Foundation

Providing charitable funding support for education, scientific research, community leadership, and sustainable technologies

four stars

90.30

1430 Walnut Street Suite 200
Philadelphia, PA 19102
tel: (866) 730-6624   Web Site
EIN: 31-1591503

Board Leadership
Mary Kate Barnes
Board Chair

CEO
Mary Assini
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.30 four stars
  Financial 91.81 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Cape Eleuthera Foundation provides financial assistance for the furtherance of education at the Island School in Cape Eleuthera, Bahamas. The programs supported by the Cape Eleuthera Foundation continue to provide transformational life-changing educational experiences. The foundation invests in future leaders through support of programming to help them realize their own potential, to gain perspective on cultures different than their own, and by creating a broader community that is supportive of that leadership development. As a natural outgrowth of this process, whereby students are learning to live on a green campus powered by renewable energy and that recycles its waste, and whereby students from Eleuthera are realizing opportunities on-and-off island as part of their middle school training, and whereby ongoing science research is attracting expertise, generating knowledge, and informing local decision-makers we have been recognized as a model for sustainable development.

The Cape Eleuthera Foundation provides financial assistance for the furtherance of education at the Island School in Cape Eleuthera, Bahamas. The programs supported by the Cape Eleuthera Foundation continue to provide transformational life-changing educational experiences. The foundation invests in future leaders through support of programming to help them realize their own potential, to gain perspective on cultures different than their own, and by creating a broader community that is supportive of that leadership development. As a natural outgrowth of this process, whereby students are learning to live on a green campus powered by renewable energy and that recycles its waste, and whereby students from Eleuthera are realizing opportunities on-and-off island as part of their middle school training, and whereby ongoing science research is attracting expertise, generating knowledge, and informing local decision-makers we have been recognized as a model for sustainable development.

Impact Information

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Financial

four stars

91.81

Accountability & Transparency

three stars

89.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.4%
  Administrative Expenses 8.4%
  Fundraising Expenses 12.0%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 3.59
  Program Expenses Growth 8.4%
  Liabilities to Assets 1.0%
All data for Financial Performance Metrics calculations was provided by Cape Eleuthera Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Cape Eleuthera Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cape Eleuthera Foundation (PA) 90.30 four stars
Mark Wahlberg Youth Foundation (MA) 92.02 four stars
American Associates, Ben-Gurion University of the Negev (NY) 96.19 four stars
Fund for Public Schools (NY) 89.50 three stars
Grand Island Public Schools Foundation (NE) 90.94 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,730,712
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $4,730,712
   Program Service Revenue $0
Total Primary Revenue $4,730,712
   Other Revenue $967,472
TOTAL REVENUE $5,698,184
   
EXPENSES  
   Program Expenses $2,656,012
   Administrative Expenses $231,748
   Fundraising Expenses $335,190
TOTAL FUNCTIONAL EXPENSES $3,222,950
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,475,234
   
Net Assets $14,310,876

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Financial Assistance to Cape Eleuthera School $2,656,012 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 04/01/2020 90.30 four stars
2017-06 02/01/2019 89.62 three stars
2016-06 02/01/2018 84.73 three stars
2015-06 04/01/2017 87.82 three stars
2015-06 12/01/2016 87.16 three stars
2014-06 06/01/2016 85.99 three stars
 
CN 2.0
2014-06 12/01/2015 80.34 three stars
2013-06 03/01/2015 86.55 three stars
2012-06 11/01/2013 86.30 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1591503
Name in IRS Master File CAPE ELEUTHERA FOUNDATION INC
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1998
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$130,000 4.03% Mary Assini Co-Executive Director
Other Salaries of Note
$115,500 3.58% Christian Henry Co-Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Cape Eleuthera Foundation (PA) 90.30 four stars
Big Shoulders Fund (IL) 93.83 four stars
Peninsula Education Foundation (CA) 88.22 three stars
Naval War College Foundation (RI) 93.13 four stars
Association of Graduates of the United States Air Force Academy (CO) 95.47 four stars

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Charity Contact Info

Cape Eleuthera Foundation
1430 Walnut Street
Suite 200
Philadelphia, PA 19102
tel: (866) 730-6624
EIN: 31-1591503

Visit Web Site

Board Leadership

Mary Kate Barnes
Board Chair

CEO

Mary Assini
Executive Director

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