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Florida Southwestern State College Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596173638 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

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Overview

What is Florida Southwestern State College Foundation Inc?

Florida Southwestern State College Foundation Inc, located in Fort Myers, Florida, serves as a vital supporter of Florida SouthWestern State College. The nonprofit organization provides significant financial aid, disbursing nearly $2 million in scholarships to college students and allocating approximately $1.25 million for various college programs, athletics, and priorities. As a result, over 20,000 students, faculty, and staff have benefited from their contributions. The FSW Foundation's primary mission is to bolster the strategic objectives of Florida SouthWestern State College by supplying additional funding and resources, thereby strengthening the college's overall capabilities.


Official website here: www.fsw.edu/foundation

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.

Florida Southwestern State College Foundation Inc has achieved an outstanding Four-Star rating from Charity Navigator, reflecting its commitment to high standards in accountability and finance. The organization excelled in various aspects, scoring 100% in its Accountability & Finance metrics, which signifies effective financial management and transparency. Notably, it has an independent board composed entirely of 13 members, enhancing its governance practices.

In addition to its strong financial performance, the Foundation also received a perfect score in Culture & Community. This indicates that the organization actively engages with stakeholders through feedback collection and usage, as well as implementing practices that foster a positive community impact. The Foundation demonstrates a commitment to maintaining strong relationships and responding to the needs of its constituents effectively.

While the ratings highlight significant strengths, there may be limited information on the specific outcomes of its programs and initiatives. However, the data suggests that the Foundation operates with a high level of integrity and financial responsibility, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Florida Southwestern State College Foundation Inc legitimate?

Florida Southwestern State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Southwestern State College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fsw.edu/foundation

What is the mission statement of Florida Southwestern State College Foundation Inc?

The Florida Southwestern State College Foundation Inc's mission is centered around supporting the strategic objectives of Florida SouthWestern State College. This is accomplished by supplying additional funding and resources. The foundation has significantly contributed to the college by providing nearly $2 million in scholarship aid to its students. Furthermore, it has offered program support funding worth approximately $1.25 million, benefiting a multitude of FSW programs, athletics, and priorities. These initiatives have positively impacted over 20,000 students, faculty, and staff within the college community. The foundation also works on expanding its donor base, with about 150 new donors added to its network.


Official website here: www.fsw.edu/foundation

Who is the CEO of Florida Southwestern State College Foundation Inc?

Geraldine Gallagher is the Directorcollege President of Florida Southwestern State College Foundation Inc.


Official website here: www.fsw.edu/foundation

What is the revenue of Florida Southwestern State College Foundation Inc?

Florida Southwestern State College Foundation Inc's revenue in 2023 was $5,430,900.


Official website here: www.fsw.edu/foundation

Who are the executives of Florida Southwestern State College Foundation Inc and what are their salaries?


Here are 18 key members and their salaries:


Jeffrey Allbritten (Directorcollege President)
  • Compensation: $0
  • Related: $480,465
  • Other: $347,095
Kevin Anderson (Chief Operating Officer)
  • Compensation: $0
  • Related: $132,565
  • Other: $29,241
M Susan Desantis (Sr Director Of Development)
  • Compensation: $0
  • Related: $130,252
  • Other: $29,825
Sara Mayo (Controller)
  • Compensation: $0
  • Related: $105,134
  • Other: $29,742
Geraldine Gallagher (Executive Director)
  • Compensation: $0
  • Related: $96,569
  • Other: $29,177
William Banfield (Board Of Trustee Repdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Duplooy (Board Of Trustee Repdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Brancazio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Mcgrogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roman Sazonov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Surratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Malone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Grissom (Directorchair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lee Mann (Vice Chairdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Soud (Directortreasurersecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fsw.edu/foundation

Where can I find the form 990 for Florida Southwestern State College Foundation Inc?

Florida Southwestern State College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fsw.edu/foundation

Learn more at the official website: www.fsw.edu/foundation

Mission Statement of Florida Southwestern State College Foundation Inc

Florida Southwestern State College Foundation Inc is dedicated to furthering the strategic goals of Florida SouthWestern State College by offering supplementary funding and resources. The organization's primary mission is to provide financial aid to students attending the college, granting almost $2 million in scholarship support. Moreover, the Foundation supports a variety of programs, athletics, and priorities within the college, investing nearly $1.25 million. These efforts have positively impacted over 20,000 students, faculty, and staff, demonstrating the Foundation's commitment to the college's growth and development. Additionally, the Foundation helps to cultivate the surrounding community, bringing in approximately 150 new donors to support its mission.

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Impact




July, 2024

Florida Southwestern State College Foundation Inc has made a significant impact by providing almost $2 million in scholarship support to students of Florida SouthWestern State College. Additionally, they have allocated program support funding of almost $1.25 million to support a wide range of FSW Colleges programs, athletics, and priorities. Over 20,000 students, faculty, and staff have been positively impacted by their efforts. The Foundation's community cultivation efforts have resulted in about 150 new donors contributing to their cause, further enhancing their impact on the community.




This information is meant to be a general summary of Florida Southwestern State College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,430,900 (2023)
Expenses
$3,348,744 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,692,663
  • Program Service Revenue: $39,700
  • Gross Receipts: $16,515,109

Assets and Liabilities:

  • Total Assets: $50,191,161
  • Total Liabilities: $71,041
  • Net Assets: $50,120,120

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Qualified Sponsorships

Revenue

$39,700

Organization Details

Founding Year

1996

Principal Officer

Geraldine Gallagher

Main Address

8099 College Parkway, Fort Myers, FL, 33919

NTEE Category

Code: B110 - Education

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