EIN 59-1990323

Lake-Sumter State College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1980
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Lake-Sumter State College Foundation provides excellence in education, service to the community, and financial assistance to qualified students. The Foundation enables and enhances the lives of Lake-Sumter State College students, faculty, and staff through scholarships, program enhancements, special events, and facilities support. Additionally, the Foundation cultivates and assists private fundraising efforts.
Total revenues
$3,506,837
2022
Total expenses
$1,916,573
2022
Total assets
$25,955,910
2022
Num. employees
0
2022

Program areas at Lake-Sumter State College Foundation

The Lake-Sumter State College Foundation enables and enhances the lives of Lake-Sumter State College students, faculty, and staff through scholarships, program enhancements, special events, and facilities support. The Foundation cultivates and assists private donors who wish to support its mission of improving higher education in our local community.

Who funds Lake-Sumter State College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Live Well Foundation of South LakeIncreased the Registered Nursing Program$1,900,000
Duke Energy FoundationVibrant Economies$85,000
Orlando HealthSponsorship$50,000
...and 7 more grants received

Personnel at Lake-Sumter State College Foundation

NameTitleCompensation
Laura ByrdSecretary / Executive Director and Sec.$0
Gregg MorrellPresident$0
Sarah UhrikTreasurer and Bo / Board Member$0
Lori DavisPresident$0
Timothy MorrisTrustee Lias$0
...and 7 more key personnel

Financials for Lake-Sumter State College Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,942,342
Program services$0
Investment income and dividends$532,862
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$854,820
Net income from fundraising events$173,227
Net income from gaming activities$3,586
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,506,837

Form 990s for Lake-Sumter State College Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-12-04990View PDF
2021-122022-11-23990View PDF
2020-122021-11-10990View PDF
2019-122021-04-02990View PDF
2018-122020-01-22990View PDF
...and 10 more Form 990s
Data update history
February 4, 2024
Updated personnel
Identified 2 new personnel
February 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 30, 2023
Received grants
Identified 7 new grant, including a grant for $1,900,000 from Live Well Foundation of South Lake
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employees
General information
Address
9501 Us Hwy 441
Leesburg, FL 34788
Metro area
Orlando-Kissimmee-Sanford, FL
County
Lake County, FL
Website URL
lssc.edu/dept/foundation/ 
Phone
(352) 365-3518
IRS details
EIN
59-1990323
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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