Form 990 for tax year 2025
Filed by COLLEGE OF CENTRAL FLORIDA FOUNDATION INC.
Totals
- Total revenue
- $14,520,982
- Total expenses
- $4,909,833
- Contributions and grants received
- $2,105,875
- Grants paid
- $2,529,674
- Program service revenue
- $911,922
- Investment income
- $11,458,214
- Other revenue
- $44,971
- Total assets, end of year
- $158,707,950
- Total liabilities, end of year
- $1,063,154
- Net assets or fund balances, end of year
- $157,644,796
- Program services expenses (Part IX)
- $3,885,631
- Management and general expenses
- $772,039
- Fundraising expenses
- $252,163
- Program service expenses (Part III)
- $3,885,631
Program services were 79.1% 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.
-
1b · Membership dues
$18,315
-
1c · Fundraising events
$7,400
-
1f · All other contributions, gifts and grants
$2,080,160
-
1g · Noncash contributions included above
$366,200
-
2a · Program service revenue: STUDENT HOUSING INCOME
total $911,922 · related or exempt $911,922
-
3 · Investment income
total $10,226,921 · excluded $10,226,921
-
6a · Gross rents
real property $10,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $10,000
-
6d · Net rental income or loss
total $10,000 · excluded $10,000
-
7a · Gross sales of assets other than inventory
securities $23,937,513
-
7b · Less cost or other basis and sales expenses
securities $22,706,220
-
7c · Gain or loss
securities $1,231,293
-
7d · Net gain or loss
total $1,231,293 · excluded $1,231,293
-
8a · Fundraising events: gross income
$59,100
-
8a · Fundraising events: contributions included on line 1c
$7,400
-
8b · Fundraising events: direct expenses
$24,129
-
8c · Net income from fundraising events
total $34,971 · excluded $34,971
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,419,446 · program services $1,419,446
-
2 · Grants to domestic individuals
total $1,110,228 · program services $1,110,228
-
11a · Fees: management
total $312,023 · management and general $312,023
-
11b · Fees: legal
total $25 · management and general $25
-
11c · Fees: accounting
total $45,452 · management and general $45,452
-
11d · Fees: lobbying
total $157,086 · management and general $157,086
-
11f · Fees: investment management
total $403,392 · program services $403,392
-
11g · Fees: other
total $175,076 · management and general $175,076
-
12 · Advertising and promotion
total $61 · fundraising $61
-
13 · Office expenses
total $32,094 · program services $1,200 · management and general $12,076 · fundraising $18,818
-
14 · Information technology
total $6,233 · management and general $6,233
-
17 · Travel
total $514 · management and general $202 · fundraising $312
-
19 · Conferences, conventions and meetings
total $2,450 · management and general $2,450
-
20 · Interest
total $1,481 · management and general $1,481
-
22 · Depreciation, depletion and amortization
total $162,404 · program services $122,454 · management and general $39,950
-
23 · Insurance
total $35,466 · program services $21,430 · management and general $14,036
-
24a · Other expenses: COLLEGE SQUARE OPERATIN
total $805,295 · program services $805,295
-
24b · Other expenses: PERSONNEL COST REIMBURS
total $201,199 · management and general $2,740 · fundraising $198,459
-
24c · Other expenses: MISC. FUNDRAISING EXPEN
total $35,609 · management and general $1,096 · fundraising $34,513
-
24d · Other expenses: OTHER EXPENSES
total $2,186 · program services $2,186
-
24e · All other expenses
total $2,113 · management and general $2,113
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,899,569 · end of year $2,076,685
-
2 · Savings and temporary cash investments
beginning of year $12,546,377 · end of year $6,473,629
-
3 · Pledges and grants receivable
beginning of year $81,931 · end of year $40,966
-
7 · Other notes and loans receivable
beginning of year $11,394 · end of year $11,948
-
9 · Prepaid expenses and deferred charges
beginning of year $48,974 · end of year $44,383
-
10a · Land, buildings and equipment: cost or other basis
$24,797,157
-
10b · Land, buildings and equipment: accumulated depreciation
$2,822,843
-
10c · Land, buildings and equipment, net
beginning of year $21,568,994 · end of year $21,974,314
-
11 · Investments: publicly traded securities
beginning of year $105,586,029 · end of year $127,944,971
-
15 · Other assets
beginning of year $132,959 · end of year $141,054
-
17 · Accounts payable and accrued expenses
beginning of year $240,327 · end of year $411,508
-
18 · Grants payable
beginning of year $451,095 · end of year $312,757
-
19 · Deferred revenue
beginning of year $141,189 · end of year $187,205
-
25 · Other liabilities
beginning of year $96,534 · end of year $151,684
-
29 · Capital stock, trust principal or current funds
beginning of year $9,202,069 · end of year $9,743,018
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $21,547,937 · end of year $21,881,721
-
31 · Retained earnings, endowment or other funds
beginning of year $110,197,076 · end of year $126,020,057
Mission and programs · 2025
Mission
COLLEGE OF CENTRAL FLORIDA FOUNDATION'S MISSION IS TO IDENTIFY, SOLICIT AND ACQUIRE RESTRICTED AND UNRESTRICTED RESOURCES TO SUPPORT THE COLLEGE IN PROVIDING EDUCATIONAL SERVICES TO CITRUS, LEVY AND MARION COUNTIES.
Activities or mission (Part I)
THE COLLEGE OF CENTRAL FLORIDA FOUNDATION WAS ESTABLISHED TO PROVIDE LEADERSHIP SERVICE, VOLUNTARY ACTION, CHARITABLE GIVING AND COMMUNITY INVOLVEMENT. IN 2025 DONORS HAVE REMAINED LOYAL TO THE COLLEGE MISSION DONATING $2,059,631 IN SUPPORT, ESTABLISHING 9 NEW ENDOWMENTS, AND PROVIDING PROGRAM SUPPORT. THE PROMISE FOR THE FUTURE FUND OF $5.8 MILLION SUPPORTS PROGRAM DEVELOPMENT. ADDITIONAL FUNDS DONATED THROUGH THE PROMISE FOR THE FUTURE CAMPAIGN OF $2.4 MILLION IS AVAILABLE FOR THE LEVY COUNTY CAMPUS FACILITY AND PROGRAMS. TAKING ELEMENTARY PROMISING STUDENTS TO CF (STEPS TO CF) IS A UNIQUE PROGRAM THAT AWARDS FIFTH GRADE STUDENTS FROM DONOR-ADOPTED SCHOOLS SCHOLARSHIPS TO THE COLLEGE UPON THEIR HIGH SCHOOL GRADUATION. THE FOUNDATION PROVIDES AT LEAST TWO SCHOLARSHIPS OF $4,000 TOWARD TUITION AND FEES TO EVERY SCHOOL WITHIN THE 3 COUNTY SERVICE AREA. THE PATRIOT FUND PROVIDES EMERGENCY RELIEF FUNDS FOR STUDENTS FACING DIRE ECONOMIC SITUATIONS TO HELP THEM ACHIEVE THEIR ACADEMIC GOALS.
-
PROGRAMS INCLUDE ENDOWMENT CHAIR/GRANT PROGRAM SUPPORT
Expenses $1,722,775 · Grants $1,371,045
-
SCHOLARSHIPS: FUNDS PROVIDED TO STUDENTS TO HELP PAY THE COSTS OF EDUCATION. RECIPIENT NAMES AND ADDRESSES ARE AVAILABLE IN THE ORGANIZATION'S RECORDS. IN 2025, SCHOLARSHIPS TOTALING $1,110,228 WERE AWARDED TO 1,338 RECIPIENTS.
Expenses $1,110,228 · Grants $1,110,228
-
INSTITUTIONAL SUPPORT FOR THE COLLEGE INCLUDING OWNING AND OPERATING THE ENTERPRISE CENTER, A SCHOOL-TO-WORK FACILITY BUILT BY THE ORGANIZATION. THE ENTERPRISE CENTER ASSET WAS CONTRIBUTED TO THE COLLEGE DURING 2024.
Expenses $123,673 · Grants $48,401
-
STUDENT HOUSING: THE FOUNDATION OWNS AND OPERATES A 192 UNIT APARTMENT COMPLEX FOR STUDENTS OF THE COLLEGE.
Expenses $928,955 · Revenue $911,922
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Greg BlairGREG BLAIR
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle StoneMICHELLE STONE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Parker EilandPARKER EILAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry BentonJERRY BENTON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jared KirbyJARED KIRBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill Paul JrBILL PAUL JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
David RitterhoffDAVID RITTERHOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John RobertsJOHN ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil RosenbergPHIL ROSENBERG
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael HartMICHAEL HART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patti ConradPATTI CONRAD
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Aaron CampoAARON CAMPO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Winston NeedhamWINSTON NEEDHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erika SkulaERIKA SKULA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Warren BullardWARREN BULLARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Samantha RaubaSAMANTHA RAUBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil SchuckPHIL SCHUCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher R KnifeCHRISTOPHER R KNIFE
CEO
- Total calculated
- $211,458
- From this org
- $0
- From related orgs
- $150,688
- Other
- $60,770
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $0 + $150,688 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $50,089 related
- Nontaxable benefits
- $0 + $10,681 related
- Filer's total
- $0 + $211,458 related
-
Nadia Miller Exiting Cfo 53125NADIA MILLER EXITING CFO 53125
CFO
- Total calculated
- $40,020
- From this org
- $0
- From related orgs
- $29,947
- Other
- $10,073
- Hours/week
- 38
-
Donna SandfortDONNA SANDFORT
CFO
- Total calculated
- $35,583
- From this org
- $0
- From related orgs
- $26,300
- Other
- $9,283
- Hours/week
- 38
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
None.
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
-
COLLEGE OF CENTRAL FLORIDA
$1,419,446
ENDOW CHRS/INST ADV
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COLLEGE OF CENTRAL FLORIDA
HIGHER ED · FL
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 3 June 2026
- IRS schema version
- 2025v4.2
- Source object
- 202641909349300409
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