Suncoast Credit Union Foundation

Suncoast Credit Union Foundation Overview

Suncoast Credit Union Foundation is located in Tampa, FL. The organization was established in 1991. 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.

For the year ending 12/2019, Suncoast Credit Union Foundation generated $4.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $3.5m during the year ending 12/2019. While expenses have increased by 6.2% per year over the past 5 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, Suncoast Credit Union Foundation has awarded 496 individual grants totaling $14,931,116. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

FUNDRAISING, CHARITABLE CONTRIBUTIONS, AND AWARDING SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SCHOOL DISTRICT OF LEE COUNTY IS THE 33RD LARGEST SCHOOL DISTRICT IN THE COUNTRY. IT IS MADE UP OF OVER 90,000 STUDENTS FROM GRADES K THROUGH 12 AND 12,000+ FULL- AND PART-TIME EMPLOYEES, WHICH INCLUDES 5,500 EDUCATORS. NOT ONLY IS LEE COUNTY'S PUBLIC SCHOOL DISTRICT ONE OF THE LARGEST, BUT IT IS ALSO ONE OF THE MOST SOCIOECONOMICALLY DISADVANTAGED; 70% OF THE STUDENTS IN LEE COUNTY MEET FEDERAL GUIDELINES FOR POVERTY. THESE STATISTICS SHOW THE GREAT IMPORTANCE OF SUPPORTING LEE COUNTY PUBLIC SCHOOLS.


AS PART OF THE REGION'S STRATEGIC SOLUTION TO THE CHILDREN'S MENTAL AND BEHAVIORAL HEALTH EPIDEMIC IN SOUTHWEST FLORIDA, LEE MEMORIAL HEALTH SYSTEM FOUNDATION IS BRINGING IMPROVED ACCESS TO CARE FOR FAMILIES AND PROVIDES A FRAMEWORK TO CONNECT COMMUNITY PARTNERS. THIS IS BEING DONE BY PROVIDING CHILD ADVOCATES, CASE MANAGERS AND CARE NAVIGATORS TO HELP CHILDREN AND FAMILIES ACCESS NEEDED BEHAVIORAL HEALTH SERVICES AND USE THEM MORE EFFECTIVELY AND EFFICIENTLY.


THE HILLSBOROUGH EDUCATION FOUNDATION PROVIDES FUNDING TO HILLSBOROUGH COUNTY SCHOOLS THROUGH GRANTS, SCHOLARSHIPS, TEACHER RECOGNITION, ETC.


VARIOUS DONATIONS


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Suncoast Credit Union Foundation Board, Officers & Key Employees

Name (title)Compensation
Anthony Satchel
Trustee
$0
Susan Turner
Trustee
$0
Mildred Harvey
Trustee
$0
Velia Pedrero
Trustee
$0
Cindy Helton
Executive 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$4,098,434
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,098,434
Total Program Service Revenue$0
Investment income $125,900
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $109,453
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,333,787

Suncoast Credit Union Foundation Grants Awarded

Over the last fiscal year, Suncoast Credit Union Foundation has awarded $3,430,440 in support to 114 organizations.

Grant RecipientAmount

LEE MEMORIAL HEALTH SYSTEMS FOUNDATION

Org PageRecipient Profile

Ft Myers, FL

PURPOSE: 2018-2019 TEACHER FOR GOLISANO CHILDREN'S HOSPITAL; EMBEDDED MENTAL HEALTH/PATIENT NAVIGATOR PROGRAM

$290,117

HILLSBOROUGH EDUCATION FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: PARTNERSHIP PROPOSAL 2019-2020

$267,000

THE SCHOOL DISTRICT OF LEE COUNTY

PURPOSE: 2019 BATTLE OF THE BOOKS GIFT CARDS; SCHOOL DISTRICT OF LEE COUNTY TEACHER OF THE YEAR; 2019-2020 FUNDING; 2020 BATTLE OF THE BOOKS GIFT CARDS; HIGH SCHOOL BAND INSTRUMENT REPAIRS & MAINTENANCE; GIFT CARD FOR SCHOOL DISTRICT OF LEE COUNTY

$204,726

CHAMPIONS FOR LEARNING

Org PageRecipient Profile

Naples, FL

PURPOSE: 2019-2020 FUNDING

$185,000

THE FOUNDATION FOR LEE COUNTY PUBLIC SCHOOLS INC

Org PageRecipient Profile

Fort Myers, FL

PURPOSE: 2019-2020 FUNDING

$175,000

HILLSBOROUGH COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: 2019-2020 FUNDING; EMPLOYEE SERVICE AWARD GIFT CARD; FIRST LEGO LEAGUE CHAMPIONSHIP SPONSORSHIP; HCC 50TH CAMPAIGN CONTRIBUTION 2 OF 5

$135,925
View Grant Profile

Suncoast Credit Union Foundation Grants Recieved

Over the last fiscal year, we have identified 1 grants that Suncoast Credit Union Foundation has recieved totaling $208,399.

Awarding OrganizationAmount
Suncoast Credit Union

Tampa, FL

PURPOSE: FUNDING EDUCATION & MEDICAL NEEDS OF CHILDREN IN FLORIDA

$208,399
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,542,582
Earnings$551,875
Admin Expense$18,548
Ending Balance$4,075,909

Suncoast Credit Union Foundation Peer Organizations

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