The Florida Education Foundation was originally incorporated as the Foundation For Excellence in Education, Inc on July 22, 1987. The name later changed to Your Schools' Foundation, and on August 19, 1991, the name was officially changed to the Florida Education Foundation, Inc.
The Foundation is a not for profit corporation incorporated under the provisions of Chapter 617, Florida Statutes, and approved by the Florida Department of State, and is a Department of Education direct-support organization, as defined under Florida Statutes, Section 1001.24(1), whose purpose is to lead in education enhancements statewide.
The Foundation is dedicated to the success of public prekindergarten through twelfth grade Florida students. The primary purpose of the Foundation is to encourage collaboration among parents, business people, community members and Florida's public schools to improve student performance.
The Commissioner of Education appoints the Chairman and members of the Board of Directors. Members of the Board are representatives from business, industry, and other parts of Florida's economy. Together with business partners, they play a significant role in making Florida’s education system a model for the nation.
Students, schools, teachers and communities are able to benefit from the involvement of the Directors. Board Members’ ideas, advice and support, as well as their leadership, advocacy and financial resources serve to advance education reform and the mission of the Governor.
The Foundation Board of Directors meets quarterly.