Florida College System Foundation Inc

Organization Overview

Florida College System Foundation Inc is located in Tallahassee, FL. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida College System Foundation 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 06/2022, Florida College System Foundation Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 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 2015, Florida College System Foundation Inc has awarded 228 individual grants totaling $9,621,088. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FLORIDA COLLEGE SYSTEM FOUNDATION IS TO SECURE AND MANAGE PUBLIC AND PRIVATE RESOURCES TO PROVIDE OPTIMAL BENEFIT TO FLORIDA'S 28 COLLEGES, THEREBY SUPPORTING STUDENTS WHO ARE SEEKING A HIGHER EDUCATION THAT WILL POSITIVELY IMPACT THEIR LIVES AND THE FUTURE OF THEIR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS MADE TO THE FLORIDA COLLEGES TO FUND SCHOLARSHIPS FOR STUDENTS AND OTHER ACTIVITIES SUPPORTING THE FLORIDA COLLEGE SYSTEM.


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Board, Officers & Key Employees

Name (title)Compensation
Judy Green
President
$0
Dr Jeffrey Allbritten
Director
$0
Teresa Borcheck
Chair
$0
Jennifer Christiansen
Director
$0
William Cramer
Director
$0
Tami Cullens
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$990,022
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$990,022
Total Program Service Revenue$0
Investment income $802,460
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $582,815
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,375,403

Grants Awarded

Over the last fiscal year, Florida College System Foundation Inc has awarded $1,218,625 in support to 28 organizations.

Grant RecipientAmount

BROWARD COLLEGE

PURPOSE: VARIOUS AWARDS

$89,753

CHIPOLA COLLEGE

PURPOSE: VARIOUS AWARDS

$19,935

COLLEGE OF CENTRAL FLORIDA

PURPOSE: VARIOUS AWARDS

$32,433

COLLEGE OF THE FLORIDA KEYS

PURPOSE: VARIOUS AWARDS

$20,005

DAYTONA STATE COLLEGE

PURPOSE: VARIOUS AWARDS

$42,009

FLORIDA STATE COLLEGE AT JACKSONVIL

PURPOSE: VARIOUS AWARDS

$59,555
View Grant Profile

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