Live Well Foundation Of South Lake
- Assets
- $165.2m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Clermont, FL
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 83-2073135
Organization Overview
Live Well Foundation Of South Lake is located in Clermont, FL. The organization was established in 2019. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Live Well Foundation Of South Lake 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 12/2021, Live Well Foundation Of South Lake generated $16.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.7%) each year. All expenses for the organization totaled $7.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Live Well Foundation Of South Lake has awarded 13 individual grants totaling $7,034,474. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE,THROUGH GRANT-MAKING, SUSTAINABLE INIATIVES THAT ENHANCE THE HEALTH AND WELLNESS OF THE SOUTH LAKE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVED HEALTH AND WELLNESS TO EXPERIENCE A BETTER QUALITY OF LIFE FOR THE COMMUNITY OF SOUTH LAKE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Kirtland Executive Director | Officer | 40 | $111,395 |
Rodney Drawdy Treasurer | OfficerTrustee | 0.25 | $0 |
Dr Kasey Kesselring President | OfficerTrustee | 2 | $0 |
Linda Smith Vice President | OfficerTrustee | 0.25 | $0 |
Dr Jeff Duke Director, Governance Chair | Trustee | 0.5 | $0 |
Chief Chuck Broadway Director | Trustee | 0.25 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2,214,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,256,914 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,473,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,034,994 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,302 |
| Compensation of current officers, directors, key employees. | $62,151 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,802 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $330,810 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,381 |
| Travel | $0 |
| 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 | $919 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,639,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,020 |
| Savings and temporary cash investments | $22,062,970 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,882 |
| 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 | $22,099 |
| Net Land, buildings, and equipment | $1,419 |
| Investments—publicly traded securities | $143,030,204 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,195,594 |
| Accounts payable and accrued expenses | $22,621 |
| Grants payable | $2,000,000 |
| 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 | $0 |
| Total liabilities | $2,022,621 |
| Net assets without donor restrictions | $163,172,973 |
| Net assets with donor restrictions | $0 |
| 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 | $165,195,594 |
Grants Awarded
Over the last fiscal year, Live Well Foundation Of South Lake has awarded $7,034,474 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
THE COMMUNITY FOUNDATION OF SOUTH LAKE PURPOSE: HUNGER AND HEALTHIER EATING, HEALTH EDUCATION AND A PATH TO WELLNESS THROUGH CASE MANAGEMENT. | $1,545,448 |
Leesburg, FL PURPOSE: Increased the REGISTERED NURSING PROGRAM | $1,000,000 |
Lady Lake, FL PURPOSE: For the BENEFIT OF SOUTH LAKE COUNTY, LOCATED SOUTH OF THE BOUNDARY LINE SEPARATING TOWNSHIPS 20 AND 21, SOUTH OF THE TALLAHASSEE MERIDIAN. | $1,000,000 |
Minneola, FL PURPOSE: INCREASE ENROLLMENT AND ADD ADDITIONAL PROGRAMS AND SERVICES FOR ADULTS WITH DEVELOPMENTAL DISABILITIES. | $800,000 |
Groveland, FL PURPOSE: HEALTH AND WELLNESS IN SOUTH LAKE COUNTY THROUGH EXPANDED PROGRAMS AND CAPITAL IMPROVEMENTS. | $800,000 |
Leesburg, FL PURPOSE: EXPAND SERVICES TO YOUTH BY IMPLEMENTING AN INTEGRATED, COORDINATED AND COMPREHENSIVE SYSTEM OF EVIDENCE-BASED SERVICES WITH CO-OCCURRING DISORDERS AND SUPPORT FOR THE WHOLE FAMILY THROUGH A CONTINUUM OF CARE THAT HELPS SUSTAIN LONG-TERM RECOVERY. | $600,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton Health Care System Inc Dalton, GA | $145,238,251 | $25,063,501 |
Jay Hospital Inc Pensacola, FL | $3,574,214 | $13,196,115 |
Columbus Regional Healthcare System Inc Columbus, GA | $140,523,783 | $3,389,845 |
Gwinnett Medical Group Inc Atlanta, GA | $0 | $5,888,799 |
Northeast Florida Health Services Inc Deland, FL | $5,252,844 | $10,727,539 |
Saint Josephs Health System Inc Atlanta, GA | $191,737,988 | $19,576,654 |
Community Health Corporation Sarasota, FL | $16,466,586 | $10,162,637 |
Baptist Health System Inc Birmingham, AL | $221,068,420 | $14,965,128 |
Foundation For A Healthy St Petersburg Inc St Petersburg, FL | $167,608,325 | $8,878,473 |
Baptist Health Properties Inc Jacksonville, FL | $119,152,906 | $9,788,818 |
Coastal Health Systems Of Brevard Inc Rockledge, FL | $8,057,581 | $9,003,462 |
Live Well Foundation Of South Lake Clermont, FL | $165,195,594 | $16,473,467 |