- Revenue 2024
- $5,518,258
- Expenses 2024
- $2,492,102
Program services were 83.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B410
- Classification
- 1000
- Street
- 9501 US HIGHWAY 441
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. IS A DIRECT SUPPORT ORGANIZATION WHOSE MISSION IS TO PROVIDE EXCELLENCE IN EDUCATION, SERVICE TO THE COMMUNITY, AND FINANCIAL ASSISTANCE TO QUALIFIED STUDENTS.
-
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.
Expenses $2,069,311 · Grants $2,069,311
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
DR HEATHER BIGARD
LSSC PRES THRU 8/30/24
- Total calculated
- $498,348
- From this org
- $0
- From related orgs
- $361,012
- Other
- $137,336
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $176,667 related
- Bonus
- $0 + $13,250 related
- Other
- $0 + $171,095 related
- Deferred
- $0 + $65,559 related
- Nontaxable benefits
- $0 + $71,777 related
- Filer's total
- $0 + $498,348 related
-
LORI DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
GRANT GANNAWAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOSH GONZALES
PRESIDENT - ELECT
- Total calculated
- $0
- Hours/week
- 2
-
SHAYNA GRUNEWALD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ANGIE LANGLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KIMBERLY LARGEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTOPHER LEIBNER
FACULTY LIAISON THRU 8/21/24
- Total calculated
- $109,001
- From this org
- $0
- From related orgs
- $94,922
- Other
- $14,079
- Hours/week
- 2 + 40 related
-
JENNIFER MENDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MICHELLE MICHNOFF
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
SHERI OLSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SHAHANAZ RAHAMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LESLIE ROTARIUS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
CARL SPECCI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SARAH UHRIK
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
DANIEL WHITEHOUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SYBIL BROWN
FACULTY LIAISON FROM 8/13/24
- Total calculated
- $86,501
- From this org
- $0
- From related orgs
- $77,215
- Other
- $9,286
- Hours/week
- 2 + 40 related
-
ALISE MORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JEFF POWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MEGAN ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JESSICA WHITEHOUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JENNA EMERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DAVID HIDALGO
TRUSTEE LIAISON
- Total calculated
- $0
- Hours/week
- 2
-
DR LAURA BYRD
INTERIM LSSC PRES /EXEC DIRECTOR/SEC
- Total calculated
- $283,717
- From this org
- $0
- From related orgs
- $198,842
- Other
- $84,875
- Hours/week
- 40 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $187,338 related
- Bonus
- $0
- Other
- $0 + $11,504 related
- Deferred
- $0 + $70,746 related
- Nontaxable benefits
- $0 + $14,129 related
- Filer's total
- $0 + $283,717 related
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $5,518,258
- Expenses
- $2,492,102
- Contributions
- $2,018,323
- Grants paid
- $2,069,311
-
2023
- Revenue
- $4,073,247
- Expenses
- $2,411,918
- Contributions
- $2,726,838
- Grants paid
- $2,043,752
-
2022
- Revenue
- $3,506,837
- Expenses
- $1,916,573
- Contributions
- $1,942,342
- Grants paid
- $1,527,500
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $3,590,083
- Expenses
- $1,480,998
- Assets (EOY)
- $29,003,418
-
2020 · 990
- Revenue
- $2,695,048
- Expenses
- $1,295,926
- Assets (EOY)
- $25,555,929
-
2019 · 990
- Revenue
- $2,163,206
- Expenses
- $1,258,091
- Assets (EOY)
- $22,362,126
-
2018 · 990
- Revenue
- $1,948,455
- Expenses
- $2,285,914
- Assets (EOY)
- $19,295,067
-
2017 · 990
- Revenue
- $2,729,602
- Expenses
- $809,888
- Assets (EOY)
- $20,798,404
-
2016 · 990
- Revenue
- $1,601,189
- Expenses
- $1,363,214
- Assets (EOY)
- $16,671,096
-
2015 · 990
- Revenue
- $2,092,033
- Expenses
- $1,820,563
- Assets (EOY)
- $16,061,515
-
2014 · 990
- Revenue
- $2,549,682
- Expenses
- $1,332,903
- Assets (EOY)
- $16,922,632
-
2013 · 990
- Revenue
- $2,123,253
- Expenses
- $1,492,957
- Assets (EOY)
- $15,861,769
-
2012 · 990
- Revenue
- not reported
- Expenses
- $1,002,108
- Assets (EOY)
- $13,799,446
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$849,374
2023 PROGRAM SUPPORT
-
$673,870
2024 PROGRAM SUPPORT
-
$453,100
2022 PROGRAM SUPPORT
Grants received
-
LIVE WELL FOUNDATION OF SOUTH LAKE
$1,900,000
2022 Increased the REGISTERED NURSING PROGRAM
-
2023 GENERAL SUPPORT
-
2024 GENERAL SUPPORT
-
2022 VARIOUS AWARDS
-
2023 VARIOUS AWARDS
-
$21,000
2025 SCHOLARSHIPS
-
2024 GENERAL SUPPORT
-
SUNCOAST CREDIT UNION FOUNDATION
$10,000
2023 SCHOLARSHIPS
-
2022 Education
-
2023 Education
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
GOVT · COLLEGE · FL
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.