Goochland Educational Foundation, Inc.
2938-I River Road West
c/o Goochland County Public Schools
Goochland VA 23063
Mission Statement

The Goochland Educational Foundation resolves to secure private and public funding to support, enrich, and maximize learning and fine arts opportunities with a focus on rigor, relevance, and respect.

Leadership
CEO/Executive Director Elizabeth Nelson-Lyda
Board Chair Mrs. Elizabeth A Nelson-Lyda
Board Chair Company Affiliation Community Volunteer
Contact Information
Address 2938-I River Road West
c/o Goochland County Public Schools
Goochland, VA 23063
Telephone 804 439-4591
Fax 804 556-3847
E-mail info@goochlandedu.org
History and Background
Year of Incorporation 2011
Financial Summary
 
 
Projected Revenue $150,000.00
Projected Expenses $130,000.00
Statements
Mission

The Goochland Educational Foundation resolves to secure private and public funding to support, enrich, and maximize learning and fine arts opportunities with a focus on rigor, relevance, and respect.

Impact

Who We Are

Goochland Education Foundation is the embodiment of a vision held by a group of local community leaders who appreciated the school district’s excellent reputation and wished to enhance the district’s curriculum and extracurricular activities with privately funded enrichment programs. The foundation works closely with the school district, faculty, and students, but is an independent, tax-exempt 501(c)(3) organization.

Funding Focus Areas
The Goochland Educational Foundation supports programs that enrich and maximize learning in Goochland County Public Schools. These programs include but are not limited to providing arts and cultural experiences; innovative technology curriculum; and opportunities to close the education gap that exists for the disadvantaged.

How we help
 
We focus on providing strategic innovation grants, enrichment, and student scholarships annually.  
Needs

  1. 20 for 20 to continue the good work of strategic innovation grants
  2. Enrichment sponsors, donations, and volunteers to endeavor deeper into programs such as those that are STEM related 

Background
Education foundation hopes to increase fundraising

Published:April 06, 2011, KenOdor, jodor@goochlandgazette.com
 
Goochland EducationFoundation (GEF) is moving ahead with ambitious plans to expand its impact on education in the county. Founder Elizabeth Nelson-Lyda talked about the organization’s genesis last week. “I went ahead and filled out paperwork and started it in late 2008,” said Nelson-Lyda. The foundation received approval of its Section 501(c)(3) non-profit status from the State Corporation Commission in 2009.
 

They had their first meeting in April 2009. They have 10 board members, including Goochland School Superintendent Linda Underwood, in an ex-officio (non-voting) role.

“We continued to have meetings but really weren’t getting anywhere,” said Nelson-Lyda, a business consultant and mother of five.
 
Now she wants to ramp up the organization’s fundraising after a couple of years of slow going. Last year she attended the Virginia School Board one day conference for foundations in Williamsburg.
 
Nelson-Lyda said she got a lot of new ideas from the Louisa and Powhatan foundation representatives at the conference. Some of those were Teacher of the Year awards and scholarships for Goochland students.
 
A public/private collaboration,GEF plans to award five $100 Teacher of the Year awards (one for each Goochland school) this year and a county-wide Teacher of the Year award for $500, plus a $500 scholarship award to a Goochland High School senior at the end of this school year.
 

Asked if GEF was a response to the economic downturn and the squeeze on revenue for county schools, Nelson-Lyda said no. “This is something near and dear to me,” she said. “This is about a way to provide educational opportunities.”


In the future Nelson-Lyda said she envisioned adult educational opportunities,  specific directed grants. Private schools and home schools are also part of GEF’s mission.
 
In five years Nelson-Lyda said she hopes GEF will grow as some other local foundations have, citing the Williamsburg/James River Public Schools Foundation, which she said had received $100,000 in donations.
Areas of Service
Areas Served
Area
Goochland County
Goochland Education Foundation serves all citizens of Goochland County.
Board Chair
Board Chair Mrs. Elizabeth A Nelson-Lyda
Company Affiliation Community Volunteer
Term Jan 2016 to Jan 2017
Email enelsonlyda@acumentech.net
Board of Directors
Board Members
NameAffiliation
Mrs. Tamra Adams Community Volunteer
Mr. Stacey Austin former Goochland County Public Schools Elementary Principal and Community Volunteer
Mrs. Kathy Crockett Community Volunteer
Mrs. Liza Dameron Community Volunteer
Mr. Tom DeWeerd GCPS, Director of Secondary Education
Mr. Adeeb Hamzey Community Volunteer
Mrs. Elizabeth Hardy Community Volunteer
Mrs. Kristina Heidel Community Volunteer
Mrs. Kendall Hoffler Community Volunteer
Mrs. Caroline Juran Community Volunteer
Mr. William Quarles former Goochland Board of Supervisors and Community Volunteer
Mrs. Alison Raines Community Volunteer
Dr. Jeremy Raley Community Volunteer
Mr. Jay Shively Community Volunteer
Mrs. Deborah White GCPS, Director of Finance
Mrs. Elizabeth Woolf Community Volunteer
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 13
Hispanic/Latino 0
Native American/American Indian 0
Other 2 Asian and Native American Indian, Middle Eastern
Board Demographics - Gender
Male 5
Female 10
Governance
Board Term Lengths 3
Board Term Limits 5
Board Meeting Attendance % 80
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 80
Percentage Making In-Kind Contributions 100
Number of Full Board Meetings Annually 9
Standing Committees
Capital Campaign
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Audit, Compliance and Controls
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Elizabeth Nelson-Lyda
Staff
Full Time Staff 0
Part Time Staff 0
Volunteers 19
Contractors 2
Retention Rate 0
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Under Development
Years Strategic Plan Considers N/A
Management Succession Plan? No
Organization Policy and Procedures Under Development
Nondiscrimination Policy Under Development
Whistleblower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
Programs
Description
Annually, we provide 5 - $100 school level Teacher of the Year Awards and 1 - $500 countywide Teacher of the Year Award.
Population Served Adults
Budget $1,000.00
Short Term Success
Recognition and encouragement of our best educators.
Long Term Success
Recognition and encouragement of our best educators - and improve, encourage, and retain talent.
Description
GEF offers at least 3 - $500 scholarships annualy to graduating high schools seniors of Goochland High School to utilize for higher education purposes.
Population Served Adolescents Only (13-19 years)
Budget $1,500.00
Description GEF supports GCPS summer STEM programs, Code RVA, and the Greenhouse Project.
 
Budget $40,000.00
Description GEF supports programs such as the "The 7 Habits of Highly Effective Teens" to encourage personal and educational growth of our students as well as the WiFi Access Support program.
Budget $30,000.00
Description GEF supports strategic innovation grants, driven by teacher grant requests and funded by the public at large.
Budget $20,000.00
Fiscal Year
Projected Revenue $150,000.00
Projected Expenses $130,000.00
Endowment Value $0.00
Spending Policy Income Only
Percentage (if selected) 0
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$6,000$14,622--
Government Contributions$19$0$0
Federal------
State------
Local------
Unspecified$19----
Individual Contributions$16,999$70,473$6,950
$77,030$36,388--
$16,799$9,999$85,680
Investment Income, Net of Losses$17----
Membership Dues------
Special Events($7,934)--($6,631)
Revenue In-Kind$129$1,181--
Other$171----
Expense Allocation
Fiscal Year201520142013
Program Expense$105,101$98,528$49,955
Administration Expense$3,839$16,223$529
Fundraising Expense$3,000$500--
Payments to Affiliates------
Total Revenue/Total Expenses0.981.151.70
Program Expense/Total Expenses94%85%99%
Fundraising Expense/Contributed Revenue3%0%0%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$65,717$67,288$49,303
Current Assets$65,717$67,288$49,303
Long-Term Liabilities$0----
Current Liabilities$1,713$573--
Total Net Assets$64,004$66,715$49,303
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities38.36117.43--
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? Anticipated In 3 Years
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Comments
Foundation Comments
  • Financial information provided from year-end financial report prepared by the organization.
  • If an organization has gross receipts that are normally $50,000 or less, it can choose to file Form 990-N.