NonprofitsThe Foundation For Florida Gateway College Inc

Education

The Foundation For Florida Gateway College Inc

LAKE CITY, FL

Total revenue

$2.2M

Total expenses

$1.5M

Net assets

$29.4M

Grants received

$1.2M

44 grants

EIN

591627997

Tax year

2024

Mission

The foundation provides academic scholarships and financial support to the college.

Programs

1 program

Program enhancement - non-scholarship support of the college for equipment, teaching resources, technology, and other non-scholarship needs of the college.

Expenses: $443KGrants: $432K

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue
Investment income$302K
Other revenue$2K
Total revenue$2.2M

Expenses

Grants paid$1.3M
Salaries & benefits$6K
Fundraising$22K
Other expenses$197K
Total expenses$1.5M
Total assets$29.4M
Net assets$29.4M

People

14 listed

NameRoleCompensation

LEE PINCHOUCK

EXECUTIVE DIRECTOR

Board

$5K

2 hrs/wk

AVERY ROBERTS

VICE CHAIR/SECRETARY

Board

1 hrs/wk

VAN LONG

DIRECTOR

Board

1 hrs/wk

KATHRYN MCINNIS

DIRECTOR

Board

1 hrs/wk

JOHN WHEELER

DIRECTOR

Board

1 hrs/wk

JILL ADAMS

DIRECTOR

Board

1 hrs/wk

JANAK PATEL

DIRECTOR

Board

1 hrs/wk

NOAH WALKER

CHAIR

Board

1 hrs/wk

GENIE NORMAN

DIRECTOR

Board

1 hrs/wk

DEONNA WILLIS

DIRECTOR

Board

1 hrs/wk

BRAD WHEELER

DIRECTOR

Board

1 hrs/wk

ANDREW RAINS

DIRECTOR

Board

1 hrs/wk

AMY SMITH

DIRECTOR

Board

1 hrs/wk

GERALD DOPSON

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 44 of 44

FromAmountPurposeYear
$7K
TO BE ADDED TO THE JAMES H. MONTGOMERY SCHOLARSHIP FUND ADMINISTERED BY THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE PURSUANT TO AN AGREEMENT BETWEEN MR. MONTGOMERY AND THE FOUNDATION FORMERLY KNOWN AS LAKE CITY COMMUNITY COLLEGE FOUNDATION
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
GIVING DAY TO COVER THE COST OF OUR FOOD TRUCK EVENT
2024
$1K
FOR GENERAL OPERATING SUPPORT
2024
$1K
FOR GENERAL OPERATING SUPPORT
2024
$62K
MENTORING
2023
$40K
SCHOLARSHIP SUPPORT
2023
$20K
PURSUIT OF THE FOUNDATIONS OVERALL MISSION
2023
$7K
TO BE ADDED TO THE JAMES H. MONTGOMERY SCHOLARSHIP FUND ADMINISTERED BY THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE PURSUANT TO AN AGREEMENT BETWEEN MR. MONTGOMERY AND THE FOUNDATION FORMERLY KNOWN AS LAKE CITY COMMUNITY COLLEGE FOUNDATION.
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$5K
GIVING DAY EVENT
2023
$4K
75TH ANNIVERSARY GALA
2023
$250
FOR GENERAL OPERATING SUPPORT
2023
$64K
MENTORING
2022
$50K
SCHOLARSHIP SUPPORT
2022
$10K
TO SUPPORT SCHOLARSHIPS FOR CDL TRAINING
2022
$7K
TO BE ADDED TO THE JAMES H. MONTGOMERY SCHOLARSHIP FUND ADMINISTERED BY THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE PURSUANT TO AN AGREEMENT BETWEEN MR. MONTGOMERY AND THE FOUNDATION FORMERLY KNOWN AS LAKE CITY COMMUNITY COLLEGE FOUNDATION
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$60K
SCHOLARSHIP SUPPORT
2021
$58K
MENTORING
2021
$46K
For grant recipient's exempt purposes
2021
$46K
For grant recipient's exempt purposes
2021
$70K
MENTORING
2020
$60K
SCHOLARSHIP SUPPORT
2020
$15K
PURSUIT OF THE FOUNDATION'S OVERALL MISSION
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$5K
CHARITABLE DONATION
2020
$5K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$76K
MENTORING
2019
$40K
SCHOLARSHIP SUPPORT
2019
$10K
UNRESTRICTED GENERAL SUPPORT
2019
$101K
MENTORING
2018
$15K
PURSUIT OF THE FOUNDATION'S OVERALL MISSION
2018
$115K
MENTORING
2017

Funded by

$1.2M from 12 funders · 44 grants · 2017–2024

Tsic Inc

$545K · 7 grants · 2017–2023

The Community Foundation Of Sarasota Co

$250K · 5 grants · 2019–2023

The Florida College System Foundation

$150K · 6 grants · 2017–2023

Clay Electric Foundation Inc

$50K · 3 grants · 2018–2023

The Community Foundation For

$48K · 10 grants · 2022–2024

Morgan Stanley Global Impact Funding Trust Inc

$35K · 5 grants · 2019–2024

Donor Advised Charitable Giving Inc

$28K · 2 grants · 2020–2022

Details

EIN591627997
NTEE codeB41I
Subsection03
Ruling date1976-02
Formed1969
Employees1
Volunteers42
THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC — Mission, Financials & Grants Received | Grantivo