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INNOVATIVE TECHNOLOGY EDUCATION FUND

SAINT LOUIS, MO 431689900 WWW.INNOVTECHED.COM

The Innovative Technology Education Fund supports educational technology initiatives in Missouri, Illinois, and Florida, with assets of $9.6 million and a focus on enhancing education through technology.

Overview

About INNOVATIVE TECHNOLOGY EDUCATION FUND

The Innovative Technology Education Fund (ITEF) is a foundation based in Saint Louis, Missouri, with a focus on supporting educational initiatives through technology. With assets totaling $9,576,724, the fund has an annual revenue of $1,470,943 and expenses amounting to $1,052,588. ITEF primarily funds projects in Missouri, Illinois, and Florida, with a strong presence in various cities including Saint Louis, Chesterfield, and East St. Louis. The foundation is led by Executive Director Charmaine Smith, who works full-time and receives a compensation of $120,397. The board of directors includes several members who serve without compensation, such as Carl Reed, the Director/Board Chair. ITEF's mission is to enhance educational opportunities through innovative technology solutions.

Focus Areas

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Geographic Focus

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $9.6M
Total Awarded This Year $503K
Average Grant Size $26K
Total Grants (Previous Year) 4,125
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
SAINT LOUIS, MO US
Geographic Funding Distribution

Financials

Total Assets
$9,576,724

in 2024, compared to $8,351,619 in 2023

Annual Grants
$503,269

19 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$68,100THE SOULARD SCHOOLGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.1110 VICTOR STREET ST LOUIS, MO US2023
$67,303WEBSTER GROVES SCHOOL DISTRICTGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.400 E LOCKWOOD AVE WEBSTER GROVES, MO US2024
$59,000NORMANDY SCHOOLS COLLABORATIVEGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.3855 LUCAS AND HUNT ST LOUIS, MO US2024
$57,286FOX HIGH SCHOOLGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.751 JEFFCO BOULEVARD ARNOLD, MO US2023
$54,871LINDBERGH SCHOOL DISTRICTGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.9350 SAPPINGTON RD ST LOUIS, MO US2024
$51,000GATEWAY STEM HIGH SCHOOLGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.5101 MCREE AVENUE ST LOUIS, MO US2023
$42,463PARKWAY SCHOOL DISTRICTGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.455 N WOODS MILL RD CHESTERFIELD, MO US2024
$39,121CROSSROADS COLLEGE PREPGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.500 DEBALIVIERE AVE ST LOUIS, MO US2024
$36,000CHRIST COMMUNITY LUTHERAN SCHOOLGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.110 W WOODBINE AVENUE KIRKWOOD, MO US2023
$34,913PEINE RIDGE ELEMENTARY SCHOOLGENERAL SUPPORT OF TECHNOLOGY IN EDUCATION.1107 PEINE ROAD WENTZVILLE, MO US2023
59 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
CS
CHARMAINE SMITH
EXECUTIVE DIRECTOR$1203972024
CS
CHARMAINE SMITH
EXECUTIVE DIRECTOR$1161672022
CS
CHARMAINE SMITH
EXECUTIVE DIRECTOR$1154922023
KS
KEVIN STOKES
DIRECTOR/BOARD CHAIR$02022
CN
CAROL NELSON
DIRECTOR/VICE CHAIR$02022
RA
RAVEN AKRAM
DIRECTOR/SECRETARY$02022
JV
JANE VANCIL
DIRECTOR/TREASURER$02022
CG
CHRISTOPHER GRABAU
DIRECTOR$02022
SH
SHERITA HAIGLER
DIRECTOR$02022
BK
BILL KENT
DIRECTOR$02022
32 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025