Skip to main content

2020 Finances

For the fiscal year ending September 30, 2020, Helios Education Foundation invested $17,421,152 into programs and initiatives creating opportunities for individuals in Arizona and Florida to pursue a postsecondary education.

$17,421,152

The Board of Helios Education Foundation is committed to the prudent management of the Foundation’s resources to ensure our ability to strengthen education systems, support partner organizations, and create educational opportunities for students.

We are also committed to managing our resources to ensure that our Foundation will exist in perpetuity.

We manage our resources and operations under the following three principles—asset preservation, growth, and intergenerational equity—to ensure future generations will benefit from the same amount of investment in the community that we provide today.

The Foundation’s investment strategy and strong financial position are developed under the close guidance and leadership of the Foundation’s Finance Committee and in partnership with the Foundation’s Chief Financial Officer and an independent financial consulting firm.

Our Certified Public Accountants conducted an independent auditor’s report and issued an unqualified opinion of the Foundation’s financial statements. They did not issue a management letter for the fiscal year ending September 30, 2020.