EIN 59-3001853

Community Foundation of Tampa Bay (CFTB)

IRS 501(c) type
501(c)(3)
Num. employees
32
City
State
Year formed
1989
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Community Foundation of Tampa Bay is a nonprofit, tax exempt grant making organization that works with individuals, corporations, private foundations and nonprofit agencies to support the charitable needs of the Tampa Bay area.
Total revenues
$160,041,596
2023
Total expenses
$34,017,854
2023
Total assets
$663,874,004
2023
Num. employees
32
2023

Program areas at CFTB

Grants to organizationsthe Foundation's primary program is to administer endowments and donor advised funds. To accomplish this, the Foundation receives contributions to be used exclusively for grants for religious, charitable, scientific, literary, or educational purposes primarily in, and for the benefit of, the Community of Tampa Bay.
Critical needs listto address unexpected needs in the Community, Community Foundation of Tampa Bay has created the critical needs list for nonprofits to share urgent and unexpected needs with Community philanthropists. A critical need is defined as unbudgeted, unforeseen, and time-sensitive, and one that significantly interferes with a nonprofit's ability to provide crucial services or presents an imminent threat to the organization's continued operations.
Cultivating and supporting cross sector networksusing the power of stanford's collective impact model, cross-sector networks build high-trust relationships among partners in government, business, philanthropy, and education. These networks are laser-focused on implementing systems change to address complex social issues. Seven years ago, the Foundation was asked to take an active role in administering and facilitating a cross-sector network focused on addressing the low degree attainment rate in Tampa Bay. As a result of leap's success, the Foundation has served as a network partner in additional networks. These include spark pasco hernando, addressing college attainment and workforce education; thrive by five addressing early childhood development and education; and digital inclusion addressing digital literacy.

Grants made by CFTB

GranteeGrant descriptionAmount
Georgetown UniversitySupport of Mission$1,062,000
Habitat for Humanity - Hillsborough Co Florida Inc HFH ofSupport of Mission$1,002,904
University of Tampa (UT)Support of Mission$887,387
...and 448 more grants made totalling $24,536,188

Who funds Community Foundation of Tampa Bay (CFTB)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Helios Education FoundationSee Part Iv$1,625,400
Eleanor M Beyer Foundation Tuia1453General Operating$1,062,509
Gralnick FoundationOrdinary Contribution$776,076
...and 37 more grants received totalling $5,078,038

Personnel at CFTB

NameTitleCompensation
Marlene SpaltenPresident and Chief Executive Officer$340,025
Kory BurkleyVice President and Chief Financial Officer$165,571
Jesse Coraggio, Ph.D.Senior Vice President , Community Impact$128,774
Katie Shultz, Ed.D.Vice President , Communications
Wilma NortonVice President , Community Connections$103,760
...and 24 more key personnel

Financials for CFTB

RevenuesFYE 06/2023
Total grants, contributions, etc.$140,639,921
Program services$503,199
Investment income and dividends$12,283,533
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,224,485
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$390,458
Total revenues$160,041,596

Form 990s for CFTB

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-09990View PDF
2021-062022-04-28990View PDF
2020-062021-04-27990View PDF
2019-062020-09-03990View PDF
...and 9 more Form 990s
Data update history
September 21, 2024
Updated personnel
Identified 9 new personnel
August 26, 2024
Received grants
Identified 11 new grant, including a grant for $1,625,400 from Helios Education Foundation
July 14, 2024
Updated personnel
Identified 4 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
4300 W Cypress St 700
Tampa, FL 33607
Metro area
Tampa-St. Petersburg-Clearwater, FL
County
Hillsborough County, FL
Website URL
cftampabay.org/ 
Phone
(813) 282-1975
Facebook page
CFTampaBay 
Twitter profile
@cftampabay 
IRS details
EIN
59-3001853
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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