2025-12-15T09:28:56+00:00 2025-06-30 580692043 Mauldin & Jenkins LLC 1401 Manatee Avenue West Suite 1200 Bradenton FL 34205 990 2024-07-01 596139568 Florida Bankers Educational Foundation FLOR 8502242265 PO Box 1360 Tallahassee FL 32302 Lesley Jordan CFO 2025-12-15 true Brian Carter P00536712 9417474483 2025-11-24 2024 2025-03-06 01:10:19Z Leticia Newton PO Box 1360 Tallahassee FL 32302 311632 false X floridabankers.com/fbef.html X 1956 FL It is the mission of the Florida Bankers Educational Foundation to advance careers in banking. 9 9 0 11 0 115539 94200 0 0 79006 212028 8852 1097 203397 307325 7000 11500 0 0 91583 95215 0 0 0 50786 68173 149369 174888 54028 132437 3208509 3420959 45202 31857 3163307 3389102 IT IS THE MISSION OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION TO ADVANCE CAREERS IN BANKING. false false 124074 11500 THE FOUNDATION GRANTS SCHOLARSHIP/LOAN ASSISTANCE TO BANKERS SEEKING TO ADVANCE THEIR COLLEGE EDUCATION AND/OR PROFESSIONAL DEVELOPMENT. ALL LOANS GRANTED CONTAIN A FORGIVENESS FEATURE WHICH STATES THAT AFTER A STUDENT GRADUATES FROM COLLEGE, THE LOAN WILL BE FORGIVEN IF THE GRADUATE COMPLETES ONE YEAR OF FULL-TIME CONTINUOUS EMPLOYMENT WITH A FLORIDA BANK. IN 2024-2025, THE FOUNDATION GRANTED 6 SCHOLARSHIPS/LOANS FOR $27,000. 124074 true false false false false false false false false true true false false false false true true false false false false false false false true false false false true true false false false false false false false false false false false false false false false true false false false false true X 0 0 0 false false false false false true true false false false false false false X 9 9 false false false false false true false true true false false false false true true true true true true false false false X Lesley Jordan 8502242265 1001 Thomasville Road Suite 201 Tallahassee FL 32302 CONNIE NELSON VICE CHAIR 0.3 X X 0 0 0 FRED LEOPOLD CHAIR 0.3 X X 0 0 0 SUSAN PAYNE TURNER PAST CHAIR 0.3 X X 0 0 0 CANDACE MARSHALL TRUSTEE 0.3 X 0 0 0 DANIEL MARTINEZ TRUSTEE 0.3 X 0 0 0 GWYNN DAVEY TRUSTEE 0.3 X 0 0 0 JOHN M THOMPSON TRUSTEE 0.3 X 0 0 0 ROBERT WHITE TRUSTEE 0.3 X 0 0 0 SHAUN WILLIAMS TRUSTEE 0.3 X 0 0 0 LESLEY JORDAN CFO 5.0 35.0 X 0 217875 40868 LETICIA NEWTON EXECUTIVE DIRECTOR 40.0 X 0 69767 24193 PAMELA RICCO COO 5.0 35.0 X 0 284223 51765 0 571865 116826 2 false true false 0 10550 83650 94200 0 0 0 0 0 84981 84981 0 0 127047 127047 0 127047 127047 5395 10550 4307 1088 1088 Other Revenue 900003 9 9 0 0 0 0 9 307325 0 0 213125 11500 11500 90018 90018 5197 5197 13500 13500 23795 23795 0 0 0 0 1093 1093 6131 6131 600 600 2095 2095 PROVISION FOR LOANS 17359 17359 FBA Expense ALLOCATION 3600 3600 0 0 0 0 174888 124074 50814 0 43899 34839 3718 3593 0 0 0 0 1671 1666 1800 950 1450 850 3157771 3380011 0 0 0 0 3208509 3420959 45202 31857 0 0 0 0 45202 31857 X 3023307 3249102 140000 140000 3163307 3389102 3208509 3420959 132437 93358 0 X X false true true false X X X 1 FLORIDA BANKERS ASSOCIATION 591398673 9 true 121705 0 1 121705 0 true false true true true false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 3b Qualified Under 501C(4)(5) Or (6) THE SUPPORTING ORGANIZATION'S GOVERNING DOCUMENTS STATE THAT IT IS THE RESPONSIBILITY OF THE BOARD OF TRUSTEES TO SOLICIT AND ADMINSTER ALL FUNDS. THE BOARD OF TRUSTEES REGULARLY MONITORS THE STATUS OF THE RECIPIENT AND THE SUPPORTED ORGANIZATIONS'S EXPENDITURES BY KEEPING A COPY OF THE IRS DETERMINATION LETTER, THE TAX RETURNS OF THE SUPPORTED ORGANIZATION, AND CONSTANT COMMUNICATION WITH THE SUPPORTED ORGANIZATION TO ENSURE THAT THE ASSETS WERE USED SOLELY FOR CHARITABLE PURPOSES. Schedule A, Part IV, Section A, Line 3c Support To Org. Used Exclusively Sec. 170(c)(2)(B) Purposes THE BOARD OF TRUSTEES REGULARLY MONITORS THE STATUS OF THE RECIPIENT AND THE SUPPORTED ORGANIZATIONS'S EXPENDITURES BY KEEPING A COPY OF THE IRS DETERMINATION LETTER, THE TAX RETURNS OF THE SUPPORTED ORGANIZATION, AND CONSTANT COMMUNICATION WITH THE SUPPORTED ORGANIZATION TO ENSURE THAT THE ASSETS WERE USED SOLELY FOR CHARITABLE PURPOSES. 1509480 1509480 1468480 41000 1509480 1468480 1468480 1428480 40000 1468480 1428480 1428480 0.9073 0.0 0.0927 false false 1800 950 850 850 0 X 381195 93358 4307 97665 283530 23795 0 23795 307325 155400 4307 4307 151093 23795 0 23795 174888 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWED SCHOLARSHIPS BENEFIT CURRENT AND FUTURE GENERATIONS OF BANKERS SEEKING TO COMPLETE THEIR COLLEGE DEGREE IN FLORIDA. RECIPIENTS MUST BE ENROLLED AT ONE OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION'S PARTICIPATING UNIVERSITIES OR COLLEGES AND PURSUE A BANKING-RELATED MAJOR. FOLLOWING GRADUATION, STUDENTS MUST COMPLETE ONE YEAR OF CONTINUOUS FULL-TIME EMPLOYMENT WITH A FLORIDA BANK. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION QUALIFIES AS A CHARITABLE ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A). HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THE FOUNDATION INCURRED NO INCOME TAX EXPENSE. IT IS THE FOUNDATION'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE FOUNDATION RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. AS A RESULT, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special event expenses - 4307 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special event expenses - 4307 Welcome Reception 11445 10550 895 1976 233 Bank on your future 3150 3150 828 2 1350 1350 1270 15945 10550 5395 2804 1503 4307 1088 true Scholarships 6 11500 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds FLORIDA BANKERS EDUCATIONAL FOUNDATION HAS AN INTERNAL COMMITTEE THAT REVIEWS THE APPLICATIONS AND EXPENDITURES FOR COMPLIANCE WITH STATED REQUIREMENTS. X false false false false false false false false false LESLEY JORDAN CFO 0 159325 0 56365 0 2185 0 31453 0 9415 0 258743 0 0 PAMELA RICCO COO 0 206100 0 72878 0 5245 0 40729 0 11036 0 335988 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE FOUNDATION COMPENSATION PACKAGES ARE APPROVED BY THE CEO OF FLORIDA THE FOUNDATION'S ANNUAL BUDGET IS APPROVED EACH YEAR BY THE BOARD OF BANKERS ASSOCIATION AND INCLUDED IN THE ANNUAL BUDGET OF THE ORGANIZATION. TRUSTEES. Form 990, Part V, Line 2a PER IRC SECTION 3121, IF TWO OR MORE RELATED CORPORATIONS CONCURRENTLY EMPLOY THE SAME INDIVIDUAL AND COMPENSATE SUCH INDIVIDUAL THROUGH A COMMON PAYMENT EACH CORPORATION SHALL BE CONSIDERED TO HAVE PAID AS REMUNERATION TO SUCH INDIVIDUAL ONLY THE AMOUNTS ACTUALLY DISBURSED. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE FLORIDA BANKERS ASSOCIATION, INC, A RELATED ORGANIZATION, APPROVES THE BOARD OF TRUSTEES FOR THE FLORIDA BANKERS EDUCATIONAL FOUNDATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 AND ACCOMPANYING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FOUNDATION REVIEWS THE FORM 990 AND ACCOMPANYING SCHEDULES. ALL QUESTIONS AND ISSUES ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES THE BOARD OF TRUSTEES TO ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF THEMSELVES AND THEIR FAMILY MEMBERS ON A FORM DISTRIBUTED BY THE FOUNDATION. THE CHIEF FINANCIAL OFFICER ENSURES THAT ALL FORMS ARE COMPLETED, REVIEWS THEM FOR CONFLICTS, AND SUBMITS ACTUAL OR POTENTIAL CONFLICTS TO THE BOARD FOR REVIEW. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE FOUNDATION COMPENSATION PACKAGES ARE APPROVED BY THE CEO OF FLORIDA BANKERS ASSOCIATION AND INCLUDED IN THE ANNUAL BUDGET OF THE ORGANIZATION. THE FOUNDATION'S ANNUAL BUDGET IS APPROVED EACH YEAR BY THE BOARD OF TRUSTEES. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THREE MOST CURRENT YEARS OF FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2c Change of oversight process or selection process THE ORGANIZATION DID NOT CHANGE ITS AUDIT REVIEW PROCESS DURING THE YEAR. FLORIDA BANKERS ASSOCIATION INC P O BOX 1360 TALLAHASSEE FL 32302 591398673 TRADE ASSOCIATION FL 501(c)(6) NA false false false false false false false false false false false false false true true true true false false false