PLATINUM2024

Larry and Rebecca Collett Foundation Inc

Summerville, SC   |  https://collettfoundation.org
GuideStar Charity Check

Larry and Rebecca Collett Foundation Inc

EIN: 87-2947099


Mission

Creating leadership, education, and faith-based synergy around the world.

Ruling year info

2022

Co-Founder + Director

Larry Collett

Co-Founder + Director

Rebecca Collett

Main address

Post Office Box 50292

Summerville, SC 29485 USA

Show more contact info

EIN

87-2947099

Subject area info

Early childhood education

Elementary and secondary education

Nonprofits

Voluntarism

Leadership development

Population served info

Children and youth

Older adults

Seniors

Young adults

NTEE code info

Public Foundations (T30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

College and university programs cannot provide the extensive range of learning experiences necessary for graduates to become effective public school educators. Once students graduate, meet their state’s certification requirements, and are employed, they learn through experience. As in all professions, new teachers and principals take years to gain the skills they need to be effective in their roles. Th e complexity of teaching is so great that one-third of teachers leave the profession within three years and 50% leave within five years (Ingersoll, 2003). Even experienced teachers confront great challenges each year, including changes in subject content, new instructional methods, advances in technology, changed laws and procedures, and student learning needs. Educators who do not experience effective professional development do not improve their skills, and student learning suffers.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Gift of Happiness

Our teachers are the lifeline and frontline for our young leaders. Without them, our students don’t have a chance. Thank you to each of our teachers for the hard work that you do.

As with our mission, our foundation wants to do a small part to create synergy that brings happiness to these great leaders in our schools.

We only get one chance to prepare children for a world none of us can possibly predict. What will you do with that one chance?

We will be working with other 501(c)3 nonprofit organizations and local companies to bring happiness to teachers and schools in the Lowcountry. There are already great organizations in our community doing these great things so we do not want to duplicate their efforts but rather support them. Some of the things that we will be bringing happiness to teachers include coffee, donuts/bagels, pizza, spa treatments, school supplies, etc. All random acts of kindness that will be a surprise to every teacher / school.

Population(s) Served

We believe that it is never too early in our career to think about professional development. Investing in our teachers and educators is the best way to ensure both career growth and academic growth for our young leaders. This is why we are covering the costs of professional development in our tri-county school districts.

Going through professional development courses will give our teachers / educators the skills they can use immediately, but more importantly it will help them grow professionally over time. A common misconception about professional development is that it only helps the individual. It’s important to remember investing in our teachers / educators will also help their students.

The more professional development teachers get, the more likely students are to succeed.

Whether it is a workshop, a conference, or a meeting, all teachers should take part in some form of professional development to set themselves up for success and we’re covering the costs.

Population(s) Served
Adults
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Related Program

Gift of Happiness

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

To walk into a school with a Gift of Happiness is truly an honor and to see the smile on a teachers face when they receive this gift, it makes it ten times more wonderful.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We believe that it is never too early in our career to think about professional development. Investing in our teachers and educators is the best way to ensure both career growth and academic growth for our young leaders.

Even though professional development can take up precious time, here are a few reasons why professional development matters:

It sets teachers / educators up for success
It expands their knowledge base
It’s a confidence booster
Teachers / educators meet other teachers
It helps teachers / educators set & achieve their goals
Teachers / educators become a better teacher

Going through professional development courses will give teachers / educators skills they can use immediately, but more importantly it will help them grow professionally over time. A common misconception about professional development is that it only helps the individual. It’s important to remember investing in an educator will also help their students.

The more professional development teachers get, the more likely students are to succeed.

Whether it is a workshop, a conference, or a meeting, all teachers should take part in some form of professional development to set themselves up for success and we’re taking the cost of entry barrier out of the equation. It is our goal to cover the cost of professional development for teachers in our South Carolina region.

Effective professional development enables educators to develop the knowledge and skills they need to address students’ learning challenges. To be effective, professional development requires thoughtful planning followed by careful implementation with feedback to ensure it responds to educators’ learning needs. Educators who participate in professional development then must put their new knowledge and skills to work. Professional development is not effective unless it causes teachers to improve their instruction or causes administrators to become better school leaders.

The Larry & Rebecca Collett Foundation goal is to provide professional development for a minimum of 500 educators each year by covering the costs of the training through donations, scholarships, and certified training.

Financials

Larry and Rebecca Collett Foundation Inc

Financial data

SOURCE: Self-reported by organization

Larry and Rebecca Collett Foundation Inc

Revenue & expenses

Fiscal Year: 2022

SOURCE: Self-reported by organization

Revenue
Contributions, Grants, Gifts $39,750
Program Services $0
Membership Dues $0
Special Events $0
Other Revenue $0
Total Revenue $44,291
Expenses
Program Services $41,377
Administration $1,265
Fundraising $0
Payments to Affiliates $0
Other Expenses $0
Total Expenses $42,349

Larry and Rebecca Collett Foundation Inc

Balance sheet

Fiscal Year: 2022

SOURCE: Self-reported by organization

Assets
Total Assets $0
Liabilities
Total Liabilities $0
Fund balance (EOY)
Net Assets $677

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Co-Founder + Director

Larry Collett

Larry Collett is the co-founder + director of the Larry and Rebecca Collett Foundation, a 501(c)3 organization with a mission of creating leadership, education, and faith-based synergy around the world. Mr. Collett and his wife, Rebecca, felt a calling to give and serve in our community that has been so good to them. While giving and serving can be very broad, they both realized that education, leadership, and faith are at the very core of their beliefs and mission. Mr. Collett is also the President and CEO of netGALAXY Holdings, an investment, development, acquisitions and real estate company with interests in various companies, ventures, investments and properties under its umbrella. His flagship company, netGALAXY Studios, was recently sold to another leading development firm here in the Lowcountry on August 1, 2019.

Co-Founder + Director

Rebecca Collett

I have a diverse background in communications from the television and newspaper industry. I've worn many hats including anchor, reporter, photographer, editor, assignment desk operator, and managing editor. I love telling stories through words and video.

There are no officers, directors or key employees recorded for this organization

There are no highest paid employees recorded for this organization.

Larry and Rebecca Collett Foundation Inc

Board of directors
as of 01/19/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Steven Rogers

Blackbaud

Term: 2023 -

Brad Franko

Franko Consulting

Will Collett

Bounce Castle Fun

Micki Collett

Skin Help Studio

Rebecca Collett

Collett Media

Organizational demographics

SOURCE: Self-reported; last updated 7/18/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability