NonprofitsLake Sumter State College Foundation Inc

Education

Lake Sumter State College Foundation Inc

LEESBURG, FL

Total revenue

$5.5M

Total expenses

$2.5M

Net assets

$32.9M

Grants received

$4.1M

36 grants

EIN

591990323

Tax year

2024

Mission

The lake-sumter state college foundation, inc. Is a direct support organization whose mission is to provide excellence in education, service to the community, and financial assistance to qualified students.

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue
Investment income$3.3M
Other revenue$220K
Total revenue$5.5M

Expenses

Grants paid$2.1M
Salaries & benefits
Fundraising
Other expenses$423K
Total expenses$2.5M
Total assets$34.9M
Net assets$32.9M

People

24 listed

NameRoleCompensation

DR HEATHER BIGARD

LSSC PRES THRU 8/30/24

Board

2 hrs/wk

LORI DAVIS

BOARD MEMBER

Board

2 hrs/wk

GRANT GANNAWAY

BOARD MEMBER

Board

2 hrs/wk

JOSH GONZALES

PRESIDENT - ELECT

Board

2 hrs/wk

SHAYNA GRUNEWALD

BOARD MEMBER

Board

2 hrs/wk

ANGIE LANGLEY

BOARD MEMBER

Board

2 hrs/wk

KIMBERLY LARGEY

BOARD MEMBER

Board

2 hrs/wk

CHRISTOPHER LEIBNER

FACULTY LIAISON THRU 8/21/24

Board

2 hrs/wk

JENNIFER MENDEZ

BOARD MEMBER

Board

2 hrs/wk

MICHELLE MICHNOFF

PRESIDENT

Board

2 hrs/wk

SHERI OLSON

BOARD MEMBER

Board

2 hrs/wk

SHAHANAZ RAHAMAN

BOARD MEMBER

Board

2 hrs/wk

LESLIE ROTARIUS

VICE PRESIDENT

Board

2 hrs/wk

CARL SPECCI

BOARD MEMBER

Board

2 hrs/wk

SARAH UHRIK

TREASURER

Board

2 hrs/wk

DANIEL WHITEHOUSE

BOARD MEMBER

Board

2 hrs/wk

SYBIL BROWN

FACULTY LIAISON FROM 8/13/24

Board

2 hrs/wk

ALISE MORRIS

BOARD MEMBER

Board

2 hrs/wk

JEFF POWELL

BOARD MEMBER

Board

2 hrs/wk

MEGAN ROBINSON

BOARD MEMBER

Board

2 hrs/wk

JESSICA WHITEHOUSE

BOARD MEMBER

Board

2 hrs/wk

JENNA EMERSON

BOARD MEMBER

Board

2 hrs/wk

DAVID HIDALGO

TRUSTEE LIAISON

Board

2 hrs/wk

DR LAURA BYRD

INTERIM LSSC PRES /EXEC DIRECTOR/SEC

Board

40 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear
$50K
STUDENT EMERGENCY
2024
$22K
SCHOLARSHIPS
2024
$10K
GENERAL SUPPORT
2024
$25K
STUDENT EMERGENCY
2023
$1K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$500
EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES
2023
$1.9M
Increased the REGISTERED NURSING PROGRAM
2022
$85K
VIBRANT ECONOMIES
2022
$10K
SONOGRAPHY & CARDIOVASCULAR MEDICAL EDUCATION PROGRAMS
2022
$1M
Increased the REGISTERED NURSING PROGRAM
2021
$171K
TRAINING PROGRAMS IN THE HEALTHCARE INDUSTRY TO FILL REGIONAL EMPLOYMENT NEEDS BY STARTING A MEDICAL LAB TECHNOLOGY ASSOCIATE IN SCIENCE DEGREE.
2021
$50K
Sponsorship
2021
$28K
DESIGNATED BENEFICIARY
2021
$120K
WORKFORCE DEVELOPMENT
2020
$30K
DESIGNATED BENEFICIARY
2020
$52K
For grant recipient's exempt purposes
2019
$25K
DESIGNATED BENEFICIARY
2019
$25K
SCHOLARSHIPS FOR STUDENTS
2018
$25K
DESIGNATED BENEFICIARY
2018

Funded by

$4.1M from 18 funders · 36 grants · 2017–2024

Live Well Foundation Of South Lake Inc

$3.1M · 3 grants · 2021–2022

Duke Energy Foundation

$205K · 2 grants · 2020–2022

The Florida College System Foundation

$163K · 6 grants · 2017–2023

American Online Giving Foundation Inc

$150K · 2 grants · 2023–2024

Arthur J And Esther A Ohlsson

$108K · 4 grants · 2018–2021

June Hirsch Jones Foundation Inc Im

$75K · 2 grants · 2023–2024

Hans And Cay Jacobsen Charitable Foundat

$55K · 3 grants · 2021–2024

Details

EIN591990323
NTEE codeB410
Subsection03
Ruling date1981-03
Formed1980
Employees0
Volunteers272
LAKE SUMTER STATE COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo