NonprofitsCollege Of Central Florida Foundation Inc

Education

College Of Central Florida Foundation Inc

OCALA, FL

Total revenue

$16.6M

Total expenses

$6.4M

Net assets

$140.9M

Grants received

$2.3M

39 grants

EIN

596139037

Tax year

2024

Mission

The college of central florida foundation was established to provide leadership service, voluntary action, charitable giving and community involvement. In 2024 donors have remained loyal to the college mission donating $5,309,121 in support, establishing 12 new endowments, and providing program support. The promise for the future fund of $5 million supports program development. Additional funding donated through the promise for the future campaign of $2.1 million is available for the levy county campus facility and programs. Taking elementary promising students to cf (steps to cf) is a unique program that awards fifth grade students from donor-adopted schools scholarships to the college upon their high school graduation. The foundation provides at least two scholarships of $4,000 toward tuition and fees to every school within the 3 county service area. The patriot fund provides emergency relief funds for students facing dire economic situations to help them achieve their academic goal

Programs

3 programs

Scholarships: funds provided to students to help pay the costs of education. Recipient names and addresses are available in the organization's records. In 2024, scholarships totaling $1,145,882 were awarded to 1,386 recipients.

Expenses: $1.1MGrants: $1.1M

Institutional support for the college including owning and operating the enterprise center, a school-to-work facility built by the organization. The enterprise center asset was contributed to the college during 2024.

Expenses: $1.8MGrants: $1.6M

Student housing: the foundation owns and operates a 192 unit apartment complex for students of the college.

Expenses: $888K

Financials

FY 2024

Revenue

Contributions & grants$7.0M
Program service revenue$1.1M
Investment income$8.5M
Other revenue$56K
Total revenue$16.6M

Expenses

Grants paid$4.0M
Salaries & benefits
Fundraising$250K
Other expenses$2.4M
Total expenses$6.4M
Total assets$141.9M
Net assets$140.9M

People

19 listed

NameRoleCompensation

GREG BLAIR

PAST CHAIR

Board

1 hrs/wk

MICHELLE STONE

CHAIR

Board

1 hrs/wk

DREXEL COLLINS

DIRECTOR

Board

1 hrs/wk

PARKER EILAND

DIRECTOR

Board

1 hrs/wk

JERRY BENTON

VICE CHAIR

Board

1 hrs/wk

JARED KIRBY

DIRECTOR

Board

1 hrs/wk

BILL PAUL JR

TREASURER

Board

1 hrs/wk

DAVID RITTERHOFF

DIRECTOR

Board

1 hrs/wk

JOHN ROBERTS

DIRECTOR

Board

1 hrs/wk

PHIL ROSENBERG

SECRETARY

Board

1 hrs/wk

WILLIAM TRICE

DIRECTOR

Board

1 hrs/wk

MICHAEL HART

DIRECTOR

Board

1 hrs/wk

PATTI CONRAD

DIRECTOR

Board

1 hrs/wk

AARON CAMPO

DIRECTOR

Board

1 hrs/wk

WINSTON NEEDHAM

MEMBER AT LARGE

Board

1 hrs/wk

ERIKA SKULA

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER R KNIFE

CEO

Board

38 hrs/wk

NADIA MILLER

CFO

Board

38 hrs/wk

DAWN GONSALVES

EXITING CFO 1/31/24

Board

1 hrs/wk

Independent contractors

SEI INVESTMENT MANAGEMENT CORP

INVEST. ADVISOR

$308K

Grants received

Showing 39 of 39

FromAmountPurposeYear
$742K
Nursing & Health Sciences Endowment and Program Equipment
2024
$58K
TO PROVIDE SCHOLARSHIPS AND EDUCATIONAL SUPPORT
2024
$250K
General Support
2023
$70K
SCHOLARSHIP SUPPORT
2023
$16K
For grant recipient's exempt purposes
2023
$10K
PURSUIT OF THE FOUNDATIONS OVERALL MISSION
2023
$90K
SCHOLARSHIP SUPPORT
2022
$58K
General Support
2022
$10K
PURSUIT OF THE FOUNDAITONS OVERALL MISSION
2022
$100K
SCHOLARSHIP SUPPORT
2021
$2K
GENERAL OPERATING
2021
$185K
UNRESTRICTED GENERAL
2020
$60K
SCHOLARSHIP SUPPORT
2020
$50K
General Support
2020
$7K
GIFT OF HOPE SCHOLARSHIP
2020
$3K
GENERAL OPERATING
2020
$40K
SCHOLARSHIP SUPPORT
2019
$12K
STUDENT EDUCATION
2019
$2K
GENERAL OPERATING
2019
$12K
STUDENT EDUCATION
2018
$10K
PURSUIT OF THE FOUNDATION'S OVERALL MISSION
2018
$8K
UNRESTRICTED GENERAL
2018
$5K
GIFT OF HOPE SCHOLARSHIP
2018
$11K
STUDENT EDUCATION
2017
$2K
GENERAL OPERATING
2017

Funded by

$2.3M from 14 funders · 39 grants · 2017–2024

Florida Hospital Ocala Inc

$1.1M · 4 grants · 2020–2024

The Community Foundation Of Sarasota Co

$360K · 5 grants · 2019–2023

The Florida College System Foundation

$196K · 6 grants · 2017–2023

Attie Branan Fbo Cfcc & Gsc

$194K · 2 grants · 2018–2020

State Chartered Credit Unions In Florida

$192K · 3 grants · 2020–2024

Ocala Royal Dames For Cancer Research Inc

$69K · 3 grants · 2018–2023

Levy County Schools Foundation Inc

$34K · 3 grants · 2017–2019

Details

EIN596139037
NTEE codeB41I
Subsection03
Ruling date1964-10
Formed1959
Employees0
Volunteers23
COLLEGE OF CENTRAL FLORIDA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo