EIN 59-1052433

Gulf Coast Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
31
City
State
Year formed
2003
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Gulf Coast Community Foundation is a regional leader in identifying priority issues through quantitative and qualitative research, creating and funding catalytic Community initiatives that target those priorities, and also connecting donors to these initiatives.
Total revenues
$51,082,837
2023
Total expenses
$50,505,292
2023
Total assets
$443,953,807
2023
Num. employees
31
2023

Program areas at Gulf Coast Community Foundation

In its role as a regional leader, Gulf Coast Community Foundation identifies priority issues through quantitative and qualitative research, creates and funds catalytic Community initiatives that target those priorities, and also connects donors to these issues and other charitable causes they care about. Gulf Coast's initiatives typically involve cross-sector collaboration and leverage additional philanthropic funding from within and beyond our region. Initiatives in which Gulf Coast and our donors invested this year included:1) responding to the long-term recovery needs of those in our region who were most impacted by hurricane ian. 2) convening stakeholders to build a system of accessible, integrated, and trauma-informed services and family supports to meet the mental health needs of children, youth, and young adults in sarasota county.3) convening, leading, and funding strategic projects to improve environmental quality in the Gulf Coast region and educate citizens on the benefits of a healthy environment.4) investing in sustainable redevelopment of the sarasota bayfront through the public-private partnership creating the bay park.5) improving and better coordinating services for chronically homeless adults and unaccompanied homeless youth in sarasota county.6) strengthening the board governance and operational effectiveness of nonprofit organizations throughout our region (invest in incredible).7) helping first graders in sarasota county schools who struggle the most with reading and writing through intensive literacy intervention (reading recovery).8) advocating for the adoption and implementation of the current recommendations of sarasota county's affordable housing advisory committee, particularly exploring the creation of a local affordable housing trust fund. Gulf Coast also funds a variety of grants to support the work of nonprofit organizations in the region. Grant programs include leveraged grants, which fund collaborative projects and programs that target regional priorities in measurable ways; Community grants, which fund smaller projects and needs at regional nonprofit organizations that can have significant impact in the Community; and arts appreciation grants, which provide unrestricted funding to cornerstone arts and cultural organizations in the region.

Grants made by Gulf Coast Community Foundation

GranteeGrant descriptionAmount
The Bay Park ConservancyEnvironment$6,412,277
Sarasota Memorial Healthcare Foundation (SMHF)Health$1,435,773
Boys and Girls Clubs of Sarasota and Desoto Counties (BGCSC)Human Services$941,501
...and 489 more grants made totalling $34,757,742

Who funds Gulf Coast Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Toocap FoundationGeneral Purpose$6,470,599
Schwab Charitable FundPublic, Societal Benefit$1,990,450
The Eamon FoundationOperational$1,540,000
...and 43 more grants received totalling $13,714,597

Personnel at Gulf Coast Community Foundation

NameTitleCompensation
Mark PritchettFormer President and Chief Executive Officer$317,318
Phillip LanhamPresident and Chief Executive Officer$0
Veronica ThamesChief Operating Officer$236,478
Chris StobaughChief Financial Officer$229,423
Jon ThaxtonSenior Vice President for Community in$247,686
...and 14 more key personnel

Financials for Gulf Coast Community Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$44,055,440
Program services$3,907,688
Investment income and dividends$7,180,161
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,999,463
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-60,989
Total revenues$51,082,837

Form 990s for Gulf Coast Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-27990View PDF
2022-062023-03-06990View PDF
2021-062022-02-19990View PDF
2020-062021-04-14990View PDF
2019-062020-09-01990View PDF
...and 10 more Form 990s

Organizations like Gulf Coast Community Foundation

OrganizationLocationRevenue
Community Foundations of the Hudson ValleyPoughkeepsie, NY$17,778,279
The Winston-Salem FoundationWinstonsalem, NC$62,200,081
Coastal Community FoundationN Charleston, SC$52,548,075
Napa Valley Community FoundationNapa, CA$13,869,215
Seattle FoundationSeattle, WA$159,592,537
The Cleveland FoundationCleveland, OH$234,720,202
The Rhode Island FoundationProvidence, RI$94,559,880
Santa Fe Community FoundationSanta Fe, NM$32,102,537
Arkansas Community FoundationLittle Rock, AR$82,995,729
Hawaii Community FoundationHonolulu, HI$119,164,503
Data update history
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 3 new personnel
May 19, 2024
Received grants
Identified 21 new grant, including a grant for $615,000 from Sack Family Foundation Irrevocable Trust
October 25, 2023
Received grants
Identified 8 new grant, including a grant for $50,000 from Charles and Margery Barancik Foundation
August 20, 2023
Received grants
Identified 26 new grant, including a grant for $6,470,599 from Toocap Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
601 Tamiami Trail South
Venice, FL 34285
Metro area
North Port-Sarasota-Bradenton, FL
County
Sarasota County, FL
Website URL
gulfcoastcf.org/ 
Phone
(941) 486-4600
Facebook page
GulfCoastCommFnd 
Twitter profile
@gulfcoastcf 
IRS details
EIN
59-1052433
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2003
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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