Community Foundation of Tampa Bay Inc
88% goes to programs $1 to raise $100 Strong reserves Growing revenue
Community Foundation of Tampa Bay Inc is a 501(c)(3) organization based in Tampa, Florida, registered in 1990, with $203,636,714 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
4300 W Cypress St Ste 700, Tampa, FL, 33607 EIN 59-3001853 Since 1990
Revenue (FY2023)
$203.6M
▲ 27.2% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$38.6M
Net assets
$806.0M
Employees
34
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating88% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Community Foundation of Tampa Bay Inc: 88% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating250 mo reserves · +81% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Foundation of Tampa Bay Inc: 250 mo reserves · +81% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Community Foundation of Tampa Bay Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Foundation of Tampa Bay Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Our mission is to build a vibrant, prosperous community through transformative vision, leadership, and philanthropy.
What they do
Cultivating and supporting cross sector networksusing the power of stanford's collective impact model, cross-sector networks build high-trust relationships among partners in government, business, philanthropy, and education. these networks are laser-focused on implementing systems change to address complex social issues. seven years ago, the foundation was asked to take an active role in administering and facilitating a cross-sector network focused on addressing the low degree attainment rate in tampa bay. as a result of leap's success, the foundation has served as a network partner in additional networks. these include spark pasco hernando, addressing college attainment and workforce education; thrive by five addressing early childhood development and education; and digital inclusion addressing digital literacy.
Critical needs listto address unexpected needs in the community, community foundation of tampa bay has created the critical needs list for nonprofits to share urgent and unexpected needs with community philanthropists. a critical need is defined as unbudgeted, unforseen, and time-sensitive, and one that significantly interfers with a nonprofit's ability to provide crucial services or presents an imminent threat to the organization's continued operations.
Contact & location
- Address
- 4300 W Cypress St Ste 700, Tampa, FL, 33607
- City
- Tampa
- State
- Florida
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.1M (FY2013) to $203.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $73.2MNet assets $806.0M
Operating margin
81.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$879.2M
Total liabilities
$73.2M
Net assets
$806.0M
Salaries & benefits
$3.4M
9% of expenses
Board members
17
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $203,636,714▲27.2% | $38,618,535▲13.5% | $806,002,265▲33.9% | $879,240,557▲32.4% | 990 |
| 2022 | $160,041,596▼39.2% | $34,017,854▼55.0% | $601,846,529▲35.8% | $663,874,004▲33.0% | 990 |
| 2021 | $263,193,049▲358% | $75,575,458▲110% | $443,293,939▲39.6% | $499,126,043▲33.3% | 990 |
| 2020 | $57,481,241▲46.4% | $35,989,309▲49.4% | $317,513,394▲31.2% | $374,515,135▲30.0% | 990 |
| 2019 | $39,276,460▼15.6% | $24,083,353▲2.9% | $242,079,284▲3.5% | $288,002,169▲3.6% | 990 |
| 2018 | $46,528,030▲8.4% | $23,394,310▲29.7% | $233,841,101▲10.0% | $278,048,789▲9.9% | 990 |
| 2017 | $42,916,847▲2.5% | $18,035,723▲33.6% | $212,562,631▲14.0% | $253,017,182▲12.9% | 990 |
| 2016 | $41,890,225▲99.9% | $13,499,209▼13.4% | $186,432,608▲24.7% | $224,033,958▲23.6% | 990 |
| 2015 | $20,957,477▼15.7% | $15,595,955▲5.5% | $149,520,190▼2.3% | $181,273,921▼2.9% | 990 |
| 2014 | $24,847,119▲12.6% | $14,784,539▲17.0% | $153,047,158▲0.3% | $186,722,199▼0.8% | 990 |
| 2013 | $22,063,408 | $12,631,277 | $152,543,244 | $188,152,591 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Marlene M Spalten — $402,228 (1.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marlene M Spalten | President/ceo | 60 | $402,228 |
| Sheila Kinman | Vp - Philanthropy | 50 | $213,793 |
| Kory Burkley | Vp - Cfo | 50 | $173,516 |
| Jesse Coraggio | Vp - Community Impact | 50 | $137,555 |
| Berkely Spain | Controller | 50 | $116,734 |
| Kathleen Shultz | Community Advocate | 50 | $115,997 |
| Wilma Norton | Vp - Community Connections | 50 | $115,123 |
| Andres Prida | Trustee | 1 | — |
| Andy Hafer | Trustee | 1 | — |
| Christopher C Lykes | Trustee | 1 | — |
| Dick Dobkin | Trustee | 1 | — |
| Karen B Lanese | Trustee | 1 | — |
| Kay Annis Wilson | Trustee | 1 | — |
| Kevin Sneed | Trustee | 1 | — |
| Linda O Simmons | Secretary | 1 | — |
| Mark Sena | Trustee | 1 | — |
| Michael M Starkey | Past Chair | 2 | — |
| Miles S Capron | Trustee | 1 | — |
| Oscar J Horton | Chair | 10 | — |
| Patricia Douglas | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Agw Capital Advisors | Investment Management | $297,424 |
| Rsm Us LLP | Technology Consulant | $159,101 |
Grants received · $8.3M total
80 grants to Community Foundation of Tampa Bay Inc totaling $8.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $185,806 |
| Greater Houston Community Foundation | Public benefit | 2024 | $145,138 |
| Givewell Community Foundation Inc | City & community dev | 2024 | $105,000 |
| Helios Education Foundation | See part iv | 2024 | $70,000 |
| Educational Credit Management Corporation | Fafsa student support | 2024 | $67,500 |
| The Community Foundation For Northeast Florida Inc | To support hurricane helene relief recovery | 2024 | $50,000 |
| Impactassets Inc | General support | 2024 | $30,000 |
| American Endowment Foundation | Philanthropy | 2024 | $22,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| The New York Community Trust | For general support. | 2024 | $20,000 |
| The Community Fdn of Middle Tn Inc | Outlaw state of kind support | 2024 | $15,000 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
| Community Foundation For Southeast Michigan | Philanthropy, voluntarism & grantmaking foundations | 2024 | $10,000 |
| Impactassets Inc | General support | 2024 | $10,000 |
Grants made · $30.7M in FY2023
566 grants totaling $30.7M in FY2023 — showing the 15 largest. All grants made by Community Foundation of Tampa Bay Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Metropolitan Ministries Inc | Support of mission | $940,537 |
| Diocese of St Petersburg | Support of mission | $840,844 |
| Habitat For Humanity International Inc | Support of mission | $821,136 |
| University of South Florida Foundation Inc | Support of mission | $731,624 |
| Tampa Bay Performing Arts Center | Support of mission | $616,574 |
| City of Dade City | Support of mission | $570,040 |
| Feeding America Tampa Bay Inc | Support of mission | $567,209 |
| St Johns Episcopal Church | Support of mission | $510,000 |
| F E A S T Inc | Support of mission | $500,000 |
| Florida Orchestra Inc | Support of mission | $467,744 |
| Interfaith Emergency Services Inc | Support of mission | $425,000 |
| Tragedy Assistance Program For Survivors | Support of mission | $400,000 |
| Young Life | Support of mission | $400,000 |
| Southeastern Guide Dogs Inc | Support of mission | $372,445 |
| Hillsborough Community College Foundation Inc | Support of mission | $370,377 |
Similar organizations in Philanthropy
- Philanthropy
The Miami Foundation Inc
Miami, FL
$138.6M
Aannual revenue
Philanthropy
The Community Foundation For Northeast Florida Inc
Jacksonville, FL
$112.3M
Aannual revenue
Philanthropy
Mightycause Charitable Foundation
Marianna, FL
$105.9M
B+annual revenue
Philanthropy
Greater Miami Jewish Federation
Miami, FL
$102.3M
Aannual revenue
Philanthropy
Community Foundation of Sarasota County Inc
Sarasota, FL
$87.0M
Aannual revenue
Philanthropy
United Way Miami Inc
Miami, FL
$71.7M
Aannual revenue
- Philanthropy
Givewell Community Foundation Inc
Lakeland, FL
$63.7M
Aannual revenue
Philanthropy
Jupiter Medical Center Foundation Inc
Jupiter, FL
$61.6M
Aannual revenue
Philanthropy
Gulf Coast Community Foundation Inc
Venice, FL
$54.4M
Aannual revenue
- Philanthropy
Deitch Family Charitable Support Trust
Miami Beach, FL
$52.6M
C+annual revenue
Compare Community Foundation of Tampa Bay Inc
Frequently asked questions
- Is Community Foundation of Tampa Bay Inc a legitimate nonprofit?
- Yes. Community Foundation of Tampa Bay Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3001853, based in Tampa, Florida. Donations are tax-deductible.
- What is Community Foundation of Tampa Bay Inc's EIN?
- Community Foundation of Tampa Bay Inc's Employer Identification Number (EIN) is 59-3001853.
- How much revenue does Community Foundation of Tampa Bay Inc report?
- Community Foundation of Tampa Bay Inc reported $203,636,714 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Community Foundation of Tampa Bay Inc's spending goes to programs?
- Community Foundation of Tampa Bay Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Foundation of Tampa Bay Inc have?
- CharityIndex grades Community Foundation of Tampa Bay Inc A, based on program efficiency and fundraising cost.
- How much does Community Foundation of Tampa Bay Inc's highest-paid employee make?
- The highest reported compensation on Community Foundation of Tampa Bay Inc's latest Form 990 is $402,228, paid to Marlene M Spalten (President/ceo).
More nonprofits in Tampa
Explore more
Data for Community Foundation of Tampa Bay Inc (EIN 59-3001853) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.