Community Foundation Of North Central Florida Inc
- Assets
- $30.2m
- Revenue
- $8.3m
- Investments
- $9.2m
- Employees
- 9
- Location
- Gainesville, FL
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 59-3532330
Organization Overview
Community Foundation Of North Central Florida Inc is located in Gainesville, FL. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Community Foundation Of North Central Florida Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of North Central Florida Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Community Foundation Of North Central Florida Inc generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $5.7m during the year ending 12/2023. While expenses have increased by 9.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Community Foundation Of North Central Florida Inc has awarded 393 individual grants totaling $27,271,240. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUSTAIN PHILANTHROPY AMONG THE CITIZENS OF NORTH CENTRAL FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPREHENSIVE GRANTMAKING PROGRAMS: CONTRIBUTIONS TO NONPROFIT ORGANIZATIONS SERVING THE GAINESVILLE AND SURROUNDING COMMUNITIES WITH THE FOLLOWING PROGRAMS: HEALTH AND HUMAN SERVICES, CIVIC AND COMMUNITY, YOUTH, AND ARTS AND CULTURE.
CAPACITY BUILDING PROGRAM: 60 ORGANIZATIONS PARTICIPATED IN OUR CENTER FOR NONPROFIT EXCELLENCE'S TRAINING AND NETWORKING OPPORTUNITIES. WE CONTINUED OUR BOARD ACADEMY, A TWO-HOUR INTENSIVE TRAINING ON GOVERNANCE AND FIDUCIARY RESPONSIBILITIES, WITH MORE THAN 70 PEOPLE ATTENDING. WE CONTINUED OUR DIVERSITY AND INCLUSION WORK THROUGH OUTREACH, TRAINING, AND SUPPORT SERVICES. FINALLY, WE LAUNCHED THE PHILANTHROPY HUB, A SEARCHABLE ONLINE DATABASE TO CONNECT DONORS WITH AREA NONPROFITS AND STREAMLINE NONPROFITS' ABILITY TO SEEK FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barzella Papa President | Officer | 40 | $139,535 |
Michael G Potapow Jr Past Chair | OfficerTrustee | 1 | $0 |
Maggie Labarta Chair | OfficerTrustee | 1 | $0 |
Brian Reyes Treasurer | OfficerTrustee | 1 | $0 |
Dorothy Thomas Secretary | OfficerTrustee | 1 | $0 |
Cynthia Curry Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,841,265 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,916,265 |
| Total Program Service Revenue | $138,826 |
| Investment income | $309,641 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,174,737 |
| Net Rental Income | $5,880 |
| Net Gain/Loss on Asset Sales | $1,654,682 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,269,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,934,936 |
| Grants and other assistance to domestic individuals. | $9,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,535 |
| Compensation of current officers, directors, key employees. | $55,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,712 |
| Pension plan accruals and contributions | $8,183 |
| Other employee benefits | $9,029 |
| Payroll taxes | $21,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,981 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,530 |
| Advertising and promotion | $21,660 |
| Office expenses | $49,019 |
| Information technology | $27,778 |
| Royalties | $0 |
| Occupancy | $17,339 |
| Travel | $7,331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,873 |
| Insurance | $9,332 |
| All other expenses | $243,793 |
| Total functional expenses | $5,718,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,810 |
| Savings and temporary cash investments | $3,180,163 |
| Pledges and grants receivable | $2,031,999 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,892 |
| Net Land, buildings, and equipment | $587,758 |
| Investments—publicly traded securities | $14,227,661 |
| Investments—other securities | $9,228,624 |
| Investments—program-related | $943,634 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,219,541 |
| Accounts payable and accrued expenses | $3,378 |
| Grants payable | $2,283,123 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,778,148 |
| Total liabilities | $7,064,649 |
| Net assets without donor restrictions | $4,478,811 |
| Net assets with donor restrictions | $18,676,081 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $30,219,541 |
Grants Awarded
Over the last fiscal year, Community Foundation Of North Central Florida Inc has awarded $4,848,100 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
OTHER GRANTS PURPOSE: GENERAL SUPPORT | $1,099,924 |
UNIVERSITY OF FLORIDA FNDN INC PURPOSE: GENERAL SUPPORT | $40,250 |
QUEEN OF PEACE ADADEMY PURPOSE: GENERAL SUPPORT | $9,000 |
STPATRICK INTERPARISH SCHOOL PURPOSE: EDUCATION | $6,000 |
IMPACT FOR LIVING INC PURPOSE: GENERAL SUPPORT | $99,000 |
ALACHUA CONSERVATION TRUST PURPOSE: GENERAL SUPPORT | $10,215 |