Foundation For Seminole State College Of Florida Inc

Organization Overview

Foundation For Seminole State College Of Florida Inc is located in Heathrow, FL. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Foundation For Seminole State College Of 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 06/2022, Foundation For Seminole State College Of Florida Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MERIT AND NEED BASED SCHOLARSHIPS, IN ACCORDANCE WITH DONOR CRITERIA, TO SEMINOLE STATE COLLEGE STUDENTS FOR THE YEAR ENDED JUNE 30, 2022. THE FOUNDATION AWARDED 2,116 SCHOLARSHIPS TO STUDENTS IN FISCAL YEAR 2022. THE AVERAGE SCHOLARSHIP AWARD WAS 556.


PROVIDE FINANCIAL SUPPORT TO SEMINOLE STATE COLLEGE FOR MANY ACADEMIC UNITS, INCLUDING FINE AND PERFORMING ARTS, HONORS, SMALL BUSINESS SERVICES, NURSING, AUTOMOTIVE, CONSTRUCTION PROGRAM, ATHLETICS, SCIENCES, PUBLIC SAFETY, STUDENT SERVICES AND MANY OTHERS.


PROVIDE GRANTS TO SEMINOLE STATE COLLEGE TO SUPPORT FACULTY THROUGH ENDOWED TEACHING CHAIRS, MINI-GRANT AWARDS, STAFF DEVELOPMENT AND PERSONNEL COSTS FOR NURSING PROFESSORS AND FOR ADVISORS FOR FIRST TIME IN COLLEGE STUDENTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Larry Campbell
Past Chair
$0
Patricia D'alessandro
Chair Elect
$0
Kristy Moist
Secretary
$0
Samuel Nelson
Treasurer
$0
Tim Smith
Chairman
$0
John Gyllin
Executive Di
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$163,610
Related organizations$0
Government grants $110,283
All other contributions, gifts, grants, and similar amounts not included above$1,472,117
Noncash contributions included in lines 1a–1f $47,509
Total Revenue from Contributions, Gifts, Grants & Similar$1,746,010
Total Program Service Revenue$340,344
Investment income $573,172
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $784,231
Net Income from Fundraising Events $142,526
Net Income from Gaming Activities $17,675
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,603,958

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Foundation For Seminole State College Of Florida Inc has recieved totaling $338,844.

Awarding OrganizationAmount
Adventist Health System Sunbelt Inc

Altamonte Springs, FL

PURPOSE: General Support

$250,000
Florida College System Foundation Inc

Tallahassee, FL

PURPOSE: VARIOUS AWARDS

$47,579
The Duke Energy Foundation

Charlotte, NC

PURPOSE: VIBRANT ECONOMIES

$25,000
Universal Orlando Foundation Inc

Orlando, FL

PURPOSE: DIVERSITY, EQUITY, AND INCLUSION FOCUSED GRANT

$10,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$5,300
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$700
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,078,522
Earnings-$2,513,150
Admin Expense$330,948
Net Contributions$1,488,853
Other Expense$679,272
Grants$1,175,550
Ending Balance$25,868,455

Create an account to unlock the data you need.

or