Form 990 for tax year 2024
Filed by THE COMMUNITY FOUNDATION FOR NORTHEAST FLORIDA INC.
Totals
- Total revenue
- $112,310,767
- Total expenses
- $86,275,563
- Contributions and grants received
- $68,130,232
- Grants paid
- $77,915,344
- Program service revenue
- $110,200
- Investment income
- $43,084,561
- Other revenue
- $985,774
- Total assets, end of year
- $708,690,975
- Total liabilities, end of year
- $65,730,888
- Net assets or fund balances, end of year
- $642,960,087
- Program services expenses (Part IX)
- $81,054,064
- Management and general expenses
- $4,439,216
- Fundraising expenses
- $782,283
- Program service expenses (Part III)
- $81,054,064
Program services were 93.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$12,034
-
1f · All other contributions, gifts and grants
$68,118,198
-
1g · Noncash contributions included above
$29,634,225
-
2a · Program service revenue: CONSULTING-GRANTMAKING
total $110,200 · related or exempt $110,200
-
3 · Investment income
total $43,073,524 · excluded $43,073,524
-
7a · Gross sales of assets other than inventory
securities $21,685,126
-
7b · Less cost or other basis and sales expenses
securities $21,674,089
-
7c · Gain or loss
securities $11,037
-
7d · Net gain or loss
total $11,037 · excluded $11,037
-
11a · Other revenue: K-1 PARTNERSHIPS PASSTHROUGH
total $936,159 · unrelated business $936,159
-
11b · Other revenue: OTHER INCOME
total $184,969 · related or exempt $184,969
-
11c · Other revenue: CHANGE IN SPLIT-INTEREST AGREEMEN
total -$135,354 · related or exempt -$135,354
-
11e · Other revenue, total
$985,774
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $77,714,444 · program services $77,714,444
-
2 · Grants to domestic individuals
total $200,900 · program services $200,900
-
5 · Compensation of officers, directors and key employees
total $975,255 · program services $242,979 · management and general $355,134 · fundraising $377,142
-
7 · Other salaries and wages
total $2,224,532 · program services $1,221,836 · management and general $812,909 · fundraising $189,787
-
8 · Pension plan contributions
total $204,248 · program services $115,323 · management and general $73,636 · fundraising $15,289
-
9 · Other employee benefits
total $176,363 · program services $94,993 · management and general $68,194 · fundraising $13,176
-
10 · Payroll taxes
total $212,024 · program services $103,342 · management and general $77,009 · fundraising $31,673
-
11b · Fees: legal
total $16,569 · management and general $16,569
-
11c · Fees: accounting
total $156,041 · management and general $156,041
-
11f · Fees: investment management
total $2,090,563 · management and general $2,090,563
-
11g · Fees: other
total $146,590 · program services $141,655 · management and general $2,820 · fundraising $2,115
-
13 · Office expenses
total $96,323 · program services $45,209 · management and general $40,681 · fundraising $10,433
-
14 · Information technology
total $200,683 · program services $130,444 · management and general $40,137 · fundraising $30,102
-
16 · Occupancy
total $428,066 · program services $348,667 · management and general $48,461 · fundraising $30,938
-
17 · Travel
total $6,180 · program services $4,017 · management and general $1,236 · fundraising $927
-
19 · Conferences, conventions and meetings
total $84,486 · program services $54,916 · management and general $16,897 · fundraising $12,673
-
20 · Interest
total $71,039 · management and general $71,039
-
22 · Depreciation, depletion and amortization
total $190,497 · program services $156,322 · management and general $20,955 · fundraising $13,220
-
23 · Insurance
total $17,147 · program services $6,592 · management and general $9,997 · fundraising $558
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $420,093 · management and general $420,093
-
24b · Other expenses: PROGRAM EXPENSES
total $330,600 · program services $330,600
-
24c · Other expenses: REPORTS TO COMMUNITY/MA
total $160,207 · program services $79,939 · management and general $40,299 · fundraising $39,969
-
24d · Other expenses: OTHER
total $152,713 · program services $61,886 · management and general $76,546 · fundraising $14,281
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $56,495,827 · end of year $48,910,804
-
3 · Pledges and grants receivable
beginning of year $209,725 · end of year $233,263
-
9 · Prepaid expenses and deferred charges
beginning of year $96,108 · end of year $64,792
-
10a · Land, buildings and equipment: cost or other basis
$1,967,864
-
10b · Land, buildings and equipment: accumulated depreciation
$710,033
-
10c · Land, buildings and equipment, net
beginning of year $1,201,220 · end of year $1,257,831
-
11 · Investments: publicly traded securities
beginning of year $357,560,624 · end of year $427,561,128
-
12 · Investments: other securities
beginning of year $230,395,847 · end of year $212,210,345
-
15 · Other assets
beginning of year $9,437,596 · end of year $18,452,812
-
17 · Accounts payable and accrued expenses
beginning of year $527,231 · end of year $479,028
-
18 · Grants payable
beginning of year $27,109,371 · end of year $35,146,885
-
19 · Deferred revenue
beginning of year $1,452,111 · end of year $2,124,874
-
21 · Escrow or custodial account liability
beginning of year $21,191,553 · end of year $24,058,606
-
25 · Other liabilities
beginning of year $4,263,902 · end of year $3,921,495
-
27 · Net assets without donor restrictions
beginning of year $596,787,467 · end of year $639,230,926
-
28 · Net assets with donor restrictions
beginning of year $4,065,312 · end of year $3,729,161
Mission and programs · 2024
Mission
WE SERVE THE CITIZENS OF NORTHEAST FLORIDA THROUGH A RANGE OF CHARITABLE AND CIVIC ACTIVITIES WHILE HELPING INDIVIDUALS ACHIEVE THEIR PHILANTHROPIC GOALS.
Activities or mission (Part I)
OUR MISSION IS TO STIMULATE PHILANTHROPY TO BUILD A BETTER COMMUNITY THROUGH GRANTMAKING THAT IS FAIR AND THOUGHTFUL, INNOVATIVE SERVICE TO THE COMMUNITY THROUGH LEADERSHIP AND COLLABORATION, AND SELF GOVERNANCE THAT RESPECTS THE INTENT OF THE DONOR AND PUTS COMMUNITY FIRST.
-
BUILDING A BETTER COMMUNITY: THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE & NON-COMPETITIVE CHANNELS. THE GREATEST NUMBER AWARDED ARE NON-COMPETITIVE ADVISED, WHEREBY GRANT INVESTMENTS ARE ADVISED BY DONORS. OTHER GRANTS, THOSE WHERE PROSPECTIVE GRANTEES SUBMIT PROPOSALS FOR REVIEW, ARE MADE TO NUMEROUS ORGANIZATIONS IN NORTHEAST FLORIDA, WITH PRIMARY EMPHASIS GIVEN TO: STRENGTHENING NEIGHBORHOODS; NONPROFIT CAPACITY BUILDING; SUPPORTING PUBLIC EDUCATION REFORM; IMPROVING THE QUALITY OF LIFE FOR AGING ADULTS;THE ARTS; WOMEN AND GIRLS; INFANTS AND YOUNG CHILDREN; AND EARLY LITERACY. THE FOUNDATION ALSO SERVES AS A CIVIC LEADER, USING ITS LOCAL KNOWLEDGE, NETWORKS, INFLUENCE AND CREATIVITY TO BRING PEOPLE TOGETHER IN WAYS THAT WILL IMPROVE THE COMMUNITY'S QUALITY OF LIFE TODAY AND IN THE FUTURE.
Expenses $80,378,616 · Grants $77,915,344
-
STIMULATING PHILANTHROPY: THE FOUNDATION SEEKS TO BE A PARTNER WITH THOSE WHO HAVE PHILANTHROPIC RESOURCES, AND TO HELP THEM WITH STRATEGIES FOR INVESTING IN ORGANIZATIONS AND INSTITUTIONS THAT CAN BUILD A BETTER COMMUNITY. IN MAKING THESE CONNECTIONS, THE FOUNDATION BOTH EQUIPS DONORS TO FOLLOW THEIR PERSONAL PATHS, AND SERVES AS A COMMUNITY LEADER, USING AGGREGATED PHILANTHROPIC RESOURCES TO OPEN NEW PATHWAYS TO SUCCESS.
Expenses $675,448
As filed on the 2024 return.
Listed in Part VII
-
AMY WACASTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CAROL J ALEXANDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR SOLOMON G BROTMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE E BUDDY SCHULZ JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE M EGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN HIRABAYASHI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN PEYTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LAUREN RUEGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARTHA FRYE BAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL DUBOW
BOARD CHAIR/VP
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL MEYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
R HALSEY WISE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD L SISISKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
THE HONORABLE BRIAN J DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
VELMA MONTEIRO-TRIBBLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GRACE M SACERDOTE
EVP&CFO/TREASURER
- Total calculated
- $330,651
- From this org
- $283,078
- From related orgs
- $0
- Other
- $47,573
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $280,353
- Bonus
- $0
- Other
- $2,725
- Deferred
- $29,435
- Nontaxable benefits
- $18,138
- Filer's total
- $330,651
-
ISAIAH OLIVER
PRESIDENT
- Total calculated
- $426,847
- From this org
- $382,030
- From related orgs
- $0
- Other
- $44,817
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $379,441
- Bonus
- $0
- Other
- $2,589
- Deferred
- $14,187
- Nontaxable benefits
- $30,630
- Filer's total
- $426,847
-
JOHN ZELL
VP DEVELOPMENT/SECRETARY
- Total calculated
- $217,757
- From this org
- $184,719
- From related orgs
- $0
- Other
- $33,038
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $182,334
- Bonus
- $0
- Other
- $2,385
- Deferred
- $20,544
- Nontaxable benefits
- $12,494
- Filer's total
- $217,757
-
AMBER JUBINSKY
SR. DIRECTOR ACCT/COMPLIANCE
- Total calculated
- $150,832
- From this org
- $124,883
- From related orgs
- $0
- Other
- $25,949
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $122,610
- Bonus
- $0
- Other
- $2,273
- Deferred
- $13,964
- Nontaxable benefits
- $11,985
- Filer's total
- $150,832
-
AMY CRANE
VP PROGRAMS
- Total calculated
- $186,041
- From this org
- $155,397
- From related orgs
- $0
- Other
- $30,644
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $153,089
- Bonus
- $0
- Other
- $2,308
- Deferred
- $17,473
- Nontaxable benefits
- $13,171
- Filer's total
- $186,041
-
ERIN BRODERICK
SR. DIRECTOR FINANCE
- Total calculated
- $150,508
- From this org
- $107,178
- From related orgs
- $0
- Other
- $43,330
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $104,891
- Bonus
- $0
- Other
- $2,287
- Deferred
- $13,964
- Nontaxable benefits
- $29,366
- Filer's total
- $150,508
-
JAMES COGGIN
SR. DIRECTOR GRANTMAKING/IMPACT INV.
- Total calculated
- $150,837
- From this org
- $122,819
- From related orgs
- $0
- Other
- $28,018
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $120,550
- Bonus
- $0
- Other
- $2,269
- Deferred
- $13,974
- Nontaxable benefits
- $14,044
- Filer's total
- $150,837
-
STEPHANIE GARFUNKEL
VP STRATEGIC COMMUNICATIONS
- Total calculated
- $159,977
- From this org
- $126,830
- From related orgs
- $0
- Other
- $33,147
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $124,529
- Bonus
- $0
- Other
- $2,301
- Deferred
- $14,861
- Nontaxable benefits
- $18,286
- Filer's total
- $159,977
-
WANDA WILLIS
VP COMMUNITY LEADERSHIP
- Total calculated
- $178,314
- From this org
- $154,947
- From related orgs
- $0
- Other
- $23,367
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $152,600
- Bonus
- $0
- Other
- $2,347
- Deferred
- $16,786
- Nontaxable benefits
- $6,581
- Filer's total
- $178,314
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4
- THE FOUNDATION MAINTAINS A 457(B) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN DURING 2024 FOR PERSONS LISTED IN PART VII WERE AS FOLLOWS: GRACE M. SACERDOTE $23,000.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$3,136,250
FOR THE GREGORY S. AND SUSAN K. ROTH FUND, ACCOUNT # A2006854
-
IM SULZBACHER CENTER FOR THE HOMELESS
$2,500,000
TO SUPPORT THE DEVELOPMENT OF PHASE I OF THE ENTERPRISE VILLAGE PROJECT AKA THE RESIDENCES AT ENTERPRISE VILLAGE
-
GIFFORDS LAW CENTER TO PREVENT GUN VIOLENCE
$2,250,000
TO ADVANCE THE CRITICAL ROLE OF COMMUNITY VIOLENCE INTERVENTION INITIATIVES AND STRATEGIES TO REDUCE GUN VIOLENCE VICTIMIZATION IN SIX KEY STATES INCLUDING FLORIDA
-
THIS GIFT IS DESIGNATED FOR THE WINSTON FAMILY FOUNDATIONS ONGOING SUPPORT OF THE WINSTON NATIONAL CENTER ON TECHNOLOGY USE, BRAIN AND PSYCHOLOGICAL DEVELOPMENT FUND.
-
$1,300,000
DAVID STEIN LEGACY GIFT
-
$1,100,000
DAVID STEIN LEGACY GIFT
-
UNIVERSITY OF NORTH FLORIDA FOUNDATION INC
$1,000,001
DAVID STEIN LEGACY GIFT
-
$1,000,000
FOR GENERAL OPERATING SUPPORT
-
JACKSONVILLE PUBLIC EDUCATION FUND
$1,000,000
FOR GENERAL OPERATING SUPPORT
-
CHILDREN'S NATIONAL HOSPITAL FOUNDATION
$1,000,000
TO SUPPORT CANCER GENETICS EFFORTS WITHIN THE BRAIN TUMOR INSTITUTE IN THE CENTER OF NEUROSCIENCE AND BEHAVIORAL MEDICINE
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
THE COMMUNITY FOUNDATION FOR NE FLORIDA RE LLC
REAL ESTATE INVESTMENT · FL
Directly controlled by THE COMMUNITY FOUNDATION OF NORTHEAST FLORIDA INC
-
BALDWIN BAY PROPERTIES LLC
REAL ESTATE INVESTMENT · FL
Directly controlled by THE COMMUNITY FOUNDATION OF NORTHEAST FLORIDA INC
-
THE COMMUNITY FOUNDATION FOR NE FLORIDA RE #2 LLC
REAL ESTATE INVESTMENT · FL
Directly controlled by THE COMMUNITY FOUNDATION OF NORTHEAST FLORIDA INC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE LEAD TRUSTS (2)
T · LEAD TRUSTS · FL
-
CHARITABLE REMAINDER TRUSTS (2)
T · REMAINDER TRUSTS · FL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543149349303074
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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