Form 990 for tax year 2024
Filed by GIVEWELL COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $63,733,787
- Total expenses
- $65,970,905
- Contributions and grants received
- $66,109,285
- Grants paid
- $63,833,472
- Program service revenue
- $0
- Investment income
- $22,372,446
- Other revenue
- -$24,747,944
- Total assets, end of year
- $669,862,803
- Total liabilities, end of year
- $68,998,625
- Net assets or fund balances, end of year
- $600,864,178
- Program services expenses (Part IX)
- $64,386,259
- Management and general expenses
- $1,584,646
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $64,386,259
Program services were 97.6% 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.
-
1f · All other contributions, gifts and grants
$66,109,285
-
1g · Noncash contributions included above
$12,580,271
-
3 · Investment income
total $15,543,181 · related or exempt $15,543,181
-
7a · Gross sales of assets other than inventory
securities $139,251,577
-
7b · Less cost or other basis and sales expenses
securities $132,422,312
-
7c · Gain or loss
securities $6,829,265
-
7d · Net gain or loss
total $6,829,265 · related or exempt $6,829,265
-
8a · Fundraising events: gross income
$167,297
-
8b · Fundraising events: direct expenses
$56,199
-
8c · Net income from fundraising events
total $111,098
-
11a · Other revenue: CONTR APPLIC TO AGENCY FUNDS
total -$24,859,042 · related or exempt -$24,859,042
-
11e · Other revenue, total
-$24,859,042
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $63,833,472 · program services $63,833,472
-
5 · Compensation of officers, directors and key employees
total $313,488 · program services $162,104 · management and general $151,384
-
7 · Other salaries and wages
total $405,307 · program services $209,584 · management and general $195,723
-
8 · Pension plan contributions
total $19,310 · program services $9,985 · management and general $9,325
-
9 · Other employee benefits
total $41,805 · program services $21,617 · management and general $20,188
-
10 · Payroll taxes
total $49,763 · program services $25,732 · management and general $24,031
-
11b · Fees: legal
total $13,563 · management and general $13,563
-
11c · Fees: accounting
total $18,585 · management and general $18,585
-
11f · Fees: investment management
total $923,534 · management and general $923,534
-
11g · Fees: other
total $500 · management and general $500
-
12 · Advertising and promotion
total $40,231 · program services $27,947 · management and general $12,284
-
13 · Office expenses
total $35,039 · program services $5,271 · management and general $29,768
-
14 · Information technology
total $67,392 · program services $3,370 · management and general $64,022
-
16 · Occupancy
total $30,755 · management and general $30,755
-
17 · Travel
total $7,518 · management and general $7,518
-
19 · Conferences, conventions and meetings
total $6,354 · management and general $6,354
-
22 · Depreciation, depletion and amortization
total $19,438 · program services $1,944 · management and general $17,494
-
23 · Insurance
total $16,294 · management and general $16,294
-
24a · Other expenses: NEEDS ASSESSMENT
total $80,569 · program services $80,569
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $39,705 · management and general $39,705
-
24c · Other expenses: MISCELLANEOUS
total $6,219 · program services $4,664 · management and general $1,555
-
24d · Other expenses: TAXES & LICENSES
total $2,064 · management and general $2,064
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $28,399,541 · end of year $26,491,667
-
4 · Accounts receivable
beginning of year $31,803,716 · end of year $34,661,813
-
9 · Prepaid expenses and deferred charges
beginning of year $45,253 · end of year $54,437
-
10a · Land, buildings and equipment: cost or other basis
$952,855
-
10b · Land, buildings and equipment: accumulated depreciation
$236,193
-
10c · Land, buildings and equipment, net
beginning of year $724,761 · end of year $716,662
-
11 · Investments: publicly traded securities
beginning of year $559,354,343 · end of year $607,367,269
-
15 · Other assets
beginning of year $568,282 · end of year $570,955
-
17 · Accounts payable and accrued expenses
beginning of year $1,547,344 · end of year $1,109,202
-
18 · Grants payable
beginning of year $6,663,858 · end of year $8,487,708
-
25 · Other liabilities
beginning of year $51,315,598 · end of year $59,401,715
-
27 · Net assets without donor restrictions
beginning of year $529,028,828 · end of year $565,808,310
-
28 · Net assets with donor restrictions
beginning of year $32,340,268 · end of year $35,055,868
Mission and programs · 2024
Mission
THE MISSION OF GIVEWELL COMMUNITY FOUNDATION IS TO CHAMPION CHARITABLE GIVING TO IMPROVE THE QUALITY OF LIFE IN THE AREAS WE SERVE, BOTH FOR NOW AND FOR FUTURE GENERATIONS.
Activities or mission (Part I)
THE MISSION OF GIVEWELL COMMUNITY FOUNDATION IS TO CHAMPION CHARITABLE GIVING TO IMPROVE THE QUALITY OF LIFE IN THE AREAS WE SERVE, BOTH NOW AND FOR FUTURE GENERATIONS.
-
THE COMMUNITY FOUNDATIONS GOAL IS TO IMPROVE THE QUALITY OF LIFE IN ALL AREAS OF POLK, HARDEE, AND HIGHLANDS COUNTIES. IT DOES THIS BY SERVING THREE CONSTITUENCIES: 1) DONORS: FOR PEOPLE WHO LOVE THE COMMUNITY AND HAVE A DESIRE TO GIVE SOMETHING BACK TO THEIR COMMUNITY, THE FOUNDATION PROVIDES QUALIFIED COUNSEL, GUIDANCE AND STEWARDSHIP IN HELPING THEM MEET THEIR CHARITABLE GOALS; 2) LOCAL NON-PROFIT CHARITIES: THE FOUNDATION DISTRIBUTES MONIES IN ACCORDANCE WITH DONOR DESIRES. IN ADDITION, IT PROVIDES SUPPORT FOR SPECIFIC PROGRAMS AND OFFERS ASSISTANCE IN MANAGING INDIVIDUAL ENDOWMENT FUNDS; 3) THE COMMUNITY AT LARGE: THE FOUNDATION AND ITS BOARD SERVE AS A CATALYST WITH POLK, HARDEE,AND HIGHLANDS COUNTIES IN ADDRESSING THE NEEDS OF OUR COMMUNITY. THROUGH GRANT MAKING BY DONORS, THE FOUNDATION REACHES OUT TO A BROAD SPECTRUM INCLUDING THE ARTS, YOUTH, EDUCATION, HEALTH, SOCIAL SERVICES AND MORE.
Expenses $64,386,259 · Grants $63,833,472
-
WE HELP DONORS AND CHARITABLE ORGANIZATIONS BUILD A BETTER COMMUNITY.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Catherine NeslundCATHERINE NESLUND
PRESIDENT/CE
- Total calculated
- $196,547
- From this org
- $196,547
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,547
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $196,547
-
Lori MartiniLORI MARTINI
VICE-PRESIDE
- Total calculated
- $116,941
- From this org
- $116,941
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dorena GearyDORENA GEARY
CFO
- Total calculated
- $105,342
- From this org
- $105,342
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Barney BarnettBARNEY BARNETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wesley BarnettWESLEY BARNETT
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Ann BarnhartANN BARNHART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bo BoyteBO BOYTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline ByrdJACQUELINE BYRD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christina Criser-JacksonCHRISTINA CRISER-JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce DavisBRUCE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly ElmhorstKIMBERLY ELMHORST
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jay GrayJAY GRAY
PAST CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Jack HollisJACK HOLLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack Harrell IIIJACK HARRELL III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristen LabbeKRISTEN LABBE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katrina LunsfordKATRINA LUNSFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug McPhersonDOUG MCPHERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jerry MixonJERRY MIXON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom OldtTOM OLDT
INVESTMENT C
- Total calculated
- $0
- Hours/week
- 1
-
James PreviteJAMES PREVITE
AUDIT COMMIT
- Total calculated
- $0
- Hours/week
- 1
-
Garrett RobertsGARRETT ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon SappSHANNON SAPP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Sultenfuss SchichtelKATHERINE SULTENFUSS SCHICHTEL
EX OFFICIO C
- Total calculated
- $0
- Hours/week
- 1
-
Sandy SheetsSANDY SHEETS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jillian SpanglerJILLIAN SPANGLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason RoddaJASON RODDA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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
- 3 · Form 990 of other organizations
- 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
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
-
BARNETT BONNET SPRINGS DESIGNATED E
$7,895,940
GENERAL CONTRIBUTION
-
$7,764,880
CITY & COMMUNITY DEV
-
$6,935,082
ARTS & CULTURE
-
PARKER STREET MINISTRIES HOUSING FU
$4,100,000
GENERAL CONTRIBUTION
-
LAKELAND REGIONAL HEALTH FOUNDATION
$3,026,205
HEALTH
-
CAROL JENKINS BARNETT COMMUNITY END
$2,262,788
GENERAL CONTRIBUTION
-
$2,212,310
HUMAN SERVICES
-
$1,935,895
GENERAL CONTRIBUTION
-
$1,679,962
GENERAL CONTRIBUTION
-
FLORIDA ACHIEVEMENT SUPPORT TRUST A
$1,550,000
EDUCATION - COLLEGE
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202523219349308197
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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