Gulf Coast Community Foundation Inc
83% goes to programs $5 to raise $100 Strong reserves Declining revenue
Gulf Coast Community Foundation Inc is a 501(c)(3) organization based in Venice, Florida, registered in 1966, with $54,435,281 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
601 Tamiami Trl S, Venice, FL, 34285 EIN 59-1052433 Since 1966
Revenue (FY2023)
$54.4M
▲ 6.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$55.6M
Net assets
$452.0M
Employees
30
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating83% to programs · $5 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 Gulf Coast Community Foundation Inc: 83% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating98 mo reserves · -2% 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 Gulf Coast Community Foundation Inc: 98 mo reserves · -2% 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 Gulf Coast Community Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Gulf Coast Community Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Together with our donors, we transform our region through bold and proactive philanthropy.
Contact & location
- Address
- 601 Tamiami Trl S, Venice, FL, 34285
- City
- Venice
- State
- Florida
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $49.3M (FY2013) to $54.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $30.8MNet assets $452.0M
Operating margin
-2.2%
Spent more than it raised in the latest fiscal year.
Total assets
$482.8M
Total liabilities
$30.8M
Net assets
$452.0M
Salaries & benefits
$3.8M
7% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $54,435,281▲6.6% | $55,630,111▲10.1% | $452,021,517▲8.4% | $482,820,352▲8.8% | 990 |
| 2022 | $51,082,837▼35.7% | $50,505,292▲0.8% | $416,906,276▲9.3% | $443,953,807▲8.0% | 990 |
| 2021 | $79,396,677▼30.8% | $50,084,573▼10.2% | $381,272,058▼7.0% | $411,069,499▼6.8% | 990 |
| 2020 | $114,694,883▲65.9% | $55,749,618▼21.1% | $409,987,329▲23.4% | $441,098,319▲23.5% | 990 |
| 2019 | $69,155,332▼5.4% | $70,647,707▲49.8% | $332,267,832▼3.8% | $357,112,248▼3.5% | 990 |
| 2018 | $73,136,498▲1.4% | $47,174,587▲4.2% | $345,504,273▲10.4% | $370,001,451▲9.6% | 990 |
| 2017 | $72,147,500▲38.3% | $45,288,282▲7.2% | $312,856,199▲15.4% | $337,722,257▲14.7% | 990 |
| 2016 | $52,163,674▲1.7% | $42,263,379▲17.2% | $271,161,832▲7.8% | $294,359,082▲7.3% | 990 |
| 2015 | $51,291,776▼8.6% | $36,053,300▼3.7% | $251,457,228▼2.3% | $274,327,221▼2.6% | 990 |
| 2014 | $56,110,810▲13.7% | $37,456,959▲36.2% | $257,463,254▲0.7% | $281,739,759 | 990 |
| 2013 | $49,334,495 | $27,510,892▲14.8% | $255,715,449▲18.8% | $281,807,439▲18.8% | 990 |
| 2012 | — | $23,964,743▲15.4% | $215,281,775▲9.3% | $237,232,408▲8.9% | 990 |
| 2011 | — | $20,772,984 | $196,995,020 | $217,837,385 | 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: Phillip P Lanham — $252,586 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Phillip P Lanham | President/ceo | 50 | $252,586 |
| Jon Thaxton | Senior Vp For Community In | 50 | $250,134 |
| Chris Stobaugh | Cfo | 50 | $234,491 |
| Mark Pritchett | Former President/ceo | 50 | $196,104 |
| Kirstin Fulkerson | Former Svp of Philanthropy | 40 | $192,745 |
| Veronica Thames | Former Coo | 40 | $177,539 |
| Kelly Carlstein | Vp of Brand Strategy | 1 | $129,531 |
| Kristin Prince | Secretary | 40 | $64,388 |
| Anand Pallegar | Vice Chair | 1 | — |
| Anne Essner | Director | 1 | — |
| Dave Sessions | Chair | 1 | — |
| David Green | Director | 1 | — |
| Frank Martucci | Director | 1 | — |
| Joe Carter | Vp For Philanthropy (from 6/24) | 50 | — |
| John Giglio | Director | 1 | — |
| Keith Johnson | Director | 1 | — |
| Pete Petersen | Director | 1 | — |
| Peter Soderberg | Director | 1 | — |
| Ping Faulhaber | Director | 1 | — |
| Rod Hershberger | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cambridge Associates | Investment Management | $607,009 |
Grants received · $17.0M total
68 grants to Gulf Coast Community Foundation Inc totaling $17.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $40.6M in FY2023
541 grants totaling $40.6M in FY2023 — showing the 15 largest. All grants made by Gulf Coast Community Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Suncoast Humane Society Inc | Animal welfare | $3,486,829 |
| St Louis Community Foundation Incorporated | Human services | $2,019,274 |
| Marie Selby Botanical Gardens Inc | Environment | $2,011,957 |
| Sarasota Memorial Healthcare Foundation | Health | $1,881,053 |
| Friends of Boca Grande Community Center Inc | Arts & culture | $1,447,420 |
| The Jewish Federation of Sarasota-manatee Inc | Human services | $1,390,988 |
| Positive Tracks Inc | Human services | $1,131,436 |
| The Bay Park Conservancy Inc | Environment | $902,297 |
| Special Day Foundation Inc | Human services | $740,000 |
| Safe Children Coalition Inc | Human services | $715,350 |
| Society of St Vincent De Paul South Pinellas Inc | Human services | $710,000 |
| All Faiths Food Bank Inc | Human services | $690,947 |
| Mote Marine Laboratory | Environment | $635,148 |
| Ringling College of Art and Design Inc | Education | $605,951 |
| Planned Parenthood of Southwest and Central Florida Inc | Health | $599,870 |
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Compare Gulf Coast Community Foundation Inc
Frequently asked questions
- Is Gulf Coast Community Foundation Inc a legitimate nonprofit?
- Yes. Gulf Coast Community Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1052433, based in Venice, Florida. Donations are tax-deductible.
- What is Gulf Coast Community Foundation Inc's EIN?
- Gulf Coast Community Foundation Inc's Employer Identification Number (EIN) is 59-1052433.
- How much revenue does Gulf Coast Community Foundation Inc report?
- Gulf Coast Community Foundation Inc reported $54,435,281 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Gulf Coast Community Foundation Inc's spending goes to programs?
- Gulf Coast Community Foundation Inc spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gulf Coast Community Foundation Inc have?
- CharityIndex grades Gulf Coast Community Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Gulf Coast Community Foundation Inc's highest-paid employee make?
- The highest reported compensation on Gulf Coast Community Foundation Inc's latest Form 990 is $252,586, paid to Phillip P Lanham (President/ceo).
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Data for Gulf Coast Community Foundation Inc (EIN 59-1052433) 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.