EIN 59-1956886

The Community Foundation of Sarasota

IRS 501(c) type
501(c)(3)
Num. employees
45
State
Year formed
1979
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Partnering to make charitable giving work in our Community. We do this by working with donors to ensure their philanthropic dreams and intentions, in this lifetime and beyond, are carried out through investments in effective nonprofits to improve The quality of life in our Community. Community impact powered by philanthropy.
Total revenues
$45,774,904
2023
Total expenses
$44,909,207
2023
Total assets
$412,504,444
2023
Num. employees
45
2023

Program areas at The Community Foundation of Sarasota

I) in partnership with donors who believe they can be The one to make a difference, grants were made to organizations supporting The full spectrum of charitable missions to improve our Community by meeting basic needs, expanding opportunities and cultural enrichment. Specific causes funded include animal welfare, The arts, health, human services, education, environmental protection, civic engagement, youth development, and other areas. Our support of local nonprofits goes deeper than The millions in grants we award each year. Our team helps build The capacity of local organizations to ensure donors' charitable dollars make an even bigger impact by offering workshops, supporting consulting services, and other capacity-building benefits. Additionally, our ongoing grant opportunities provide support to local nonprofit organizations to address innovative, urgent and emergency needs, so that unexpected obstacles or opportunities can be addressed by nonprofits as part of The important work they do for The community.ii) The Community Foundation of Sarasota county believes that all who wish to further their education and increase future potential for success should have an equal chance to take advantage of The opportunities available to them. Each year, The Community Foundation of Sarasota county awards scholarships to a variety of individuals who are pursuing further education.iii) each year, significant investments are made to The Community from The funds of donors who ensured support of various organizations and causes in perpetuity. Substantial time, funding, and strategies are coalesced to support an array of key initiatives spearheaded by The Community Foundation. We have dedicated ourselves to helping those in need in our communities by providing immediate, targeted financial assistance (primarily for mortgage, rent and utilities) to families and individuals on The verge of homelessness through The season of sharing fund, as well as supporting our region's youth through our student emergency fund operated in partnership with Sarasota county schools. To address long-term needs revealed through emergencies, our suncocast disaster recovery fund supports efforts to improve individual, family, and Community resiliency. Additionally, our extensive work in education leverages national research and initiatives such as The campaign for grade-level reading, The regional collaborative partnership of edexploresrq, and The strauss literacy initiative led by The Community Foundation. Inspired by ascend at The aspen institute, we have focused these efforts (and others) through a two-generation lens, which looks to address The needs of both vulnerable children and their parents together in order to create a Community in which a legacy of economic security and educational success passes from one generation to The next.the giving partner: in an effort to increase transparency and encourage informed giving, The Community Foundation funds and maintains a local online resource to review nonprofits serving our four-county region. More than 700 nonprofits have profiles that are easily accessed by potential funders, donors and The public at thegivingpartner.org. Each profile shares governance, management, financial and programmatic information. This platform is used to assess grant funding by The Community Foundation, our donors and other regional funders. It is also a key component of The region's online giving campaign, The giving challenge, which The Foundation organizes for The Community on a rolling schedule. Since 2012, donors from throughout our region have shown their love for local nonprofit organizations by providing more than $75 million in unrestricted funding to support their missions through eight challenges to benefit more than 700 nonprofits listed in The giving partner. In fall 2020 we launched a new effort to analyze trends in Community needs provided through public databases, combined with our deep understanding of and The data resources available through The giving partner. The scope of work in this area extended in 2023 to a Community leadership role to bring attention to key issues revealed through our publicly-available Community indicators dashboard.

Grants made by The Community Foundation of Sarasota

GranteeGrant descriptionAmount
The Glasser Schoenbaum Human Services CenterEmergency Assistance, General Support, Program Support$3,087,525
Jewish Community Federation and Endowment FundProgram Support$3,000,000
Community Foundation of South Lake CountyGeneral Support$2,215,275
...and 418 more grants made totalling $30,605,995

Who funds The Community Foundation of Sarasota

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Gulf Coast Community FoundationCivic$1,438,300
National Capital Affordable Housing$317,136
National Philanthropic TrustPublic, Societal Benefit$205,000
...and 48 more grants received totalling $3,852,709

Personnel at The Community Foundation of Sarasota

NameTitleCompensation
Roxanne JerdeChief Executive Officer and President$322,258
Erin JonesChief Financial Officer$108,612
Laura SpencerChief Financial Officer and Chief Administrative Officer$217,557
Kirsten RussellVice President , Community Impact$149,717
Jay YoungVice President , Philanthropy$110,090
...and 20 more key personnel

Financials for The Community Foundation of Sarasota

RevenuesFYE 06/2023
Total grants, contributions, etc.$30,133,190
Program services$3,695,700
Investment income and dividends$10,632,290
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,313,724
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$45,774,904

Form 990s for The Community Foundation of Sarasota

Fiscal year endingDate received by IRSFormPDF link
2022-062023-02-09990View PDF
2021-062022-03-18990View PDF
2020-062021-04-14990View PDF
2019-062020-02-07990View PDF
2018-062019-03-15990View PDF
...and 9 more Form 990s

Organizations like The Community Foundation of Sarasota

OrganizationLocationRevenue
Baton Rouge Area FoundationBaton Rouge, LA$36,560,561
Arizona Community FoundationPhoenix, AZ$211,703,650
Permian Basin Area FoundationMidland, TX$41,134,480
Quad Cities Community Foundation (CFGRB)Bettendorf, IA$12,042,072
The Winston-Salem FoundationWinstonsalem, NC$62,200,081
The Rhode Island FoundationProvidence, RI$94,559,880
Santa Fe Community FoundationSanta Fe, NM$32,102,537
Seattle FoundationSeattle, WA$159,592,537
Coastal Community FoundationN Charleston, SC$52,548,075
Nebraska Community Foundation (NCF)Lincoln, NE$51,510,146
Data update history
February 3, 2024
Received grants
Identified 13 new grant, including a grant for $125,000 from The Community Foundation
October 22, 2023
Received grants
Identified 4 new grant, including a grant for $117,963 from The Curd Family Foundation
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 23, 2023
Received grants
Identified 28 new grant, including a grant for $1,438,300 from Gulf Coast Community Foundation
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
2635 Fruitville Rd
Sarasota, FL 34237
Metro area
North Port-Sarasota-Bradenton, FL
County
Sarasota County, FL
Website URL
cfsarasota.org/ 
Phone
(941) 955-3000
Facebook page
CommunityFoundationSarasotaCounty 
Twitter profile
@cfsarasota 
IRS details
EIN
59-1956886
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
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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