Innovators Educational Foundation
The American Solar Challenge (road event) and Formula Sun Grand Prix (track event) are collegiate level competitions, organized by Innovators Educational Foundation, to design, build, and drive solar vehicles. FSGP is not associated with FORMULA 1 racing. The Innovators Educational Foundation is an organization devoted to educational opportunities where students are challenged with hands-on learning experiences in the areas of science, engineering, and technology. Supported activities push students to think outside the box and to be innovative with ideas that will lead to developing better solutions to societys challenges faced here in the United States and around the world. Our mission is to engage young minds with the hopes of developing more world leaders in these critical areas that affect everyone. We host track and road-based events that challenge higher education students to develop an original design solution that addresses areas of energy management, transportation, logistics, materials, structures, dynamics, and safety.
Innovators Educational Foundation
The Innovators Educational Foundation is a US nonprofit organization dedicated to promoting educational excellence and fostering innovative, hands-on learning experiences. It is focused on challenging students through multi-disciplinary and experimental learning opportunities, particularly in the field of engineering.
Mission
The foundation's primary mission is to enhance educational initiatives by encouraging hands-on, innovative learning. This is achieved through various programs and events that stimulate creativity and problem-solving skills.
Activities
One of the key activities facilitated by the organization is the sponsorship and coordination of solar car racing events. These include the American Solar Challenge (ASC) and the Formula Sun Grand Prix (FSGP). The American Solar Challenge is a cross-country endurance rally for collegiate-level solar car teams, while the Formula Sun Grand Prix is an annual track competition that tests solar cars under real-world conditions. Both events serve as platforms for students to apply theoretical knowledge in practical settings, promoting STEM education and sustainable energy technologies.
Financial Overview
As of 2023, the organization reported a revenue of approximately $249,000, with expenses totaling about $200,000. Contributions accounted for a significant portion of the revenue, reflecting the community's support for its educational mission. The foundation's total assets were valued at around $636,000, with liabilities of approximately $134,000[1].
Governance and Operations
Though the organization's governance structure is not detailed in publicly available records, it operates under the non-profit category focusing on environmental quality, protection, and energy resources conservation and development[1][3]. Donations to the Innovators Educational Foundation are tax-deductible[1].
Impact
By facilitating experiential learning opportunities, the Innovators Educational Foundation plays a role in shaping the future of engineering and clean technology through educational initiatives. It encourages innovation, problem-solving, and collaboration among students, aligning with broader goals of advancing STEM education and environmental sustainability.
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