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St Petersburg College Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591954362 ✦ Saint petersburg, FL ✦ Designated as a 501(c)(3)

Overview

What is St Petersburg College Foundation Inc?

St. Petersburg College Foundation Inc is a charitable organization dedicated to supporting higher education. Based in Saint Petersburg, Florida, the foundation's primary mission involves promoting philanthropy within the community, specifically for St. Petersburg College. They accomplish this objective through various initiatives, such as providing scholarships, awards, and grants to students. Their scholarship fund boasts over 282 named awards, catering to diverse fields of study, including nursing, education, study abroad programs, and veterans' assistance. Each scholarship carries unique eligibility criteria, encompassing financial need and academic achievement. The soaring college expenses, which have risen by nearly 40% over the past decade, make it a challenging financial endeavor for many students. The St. Petersburg College Foundation Inc plays a crucial role in alleviating this burden, providing financial assistance to more than 4,046 students during the 2022-23 academic year, with an average scholarship award of approximately $620. In total, they distributed close to 2.5 million dollars in scholarships. Beyond financial aid, the foundation also contributes to enhancing teaching and instructional services, upgrading facilities, and incorporating advanced technology at St. Petersburg College. This comprehensive approach to philanthropy and higher education advocacy underscores the St. Petersburg College Foundation Inc's commitment to empowering students and fostering a prosperous educational environment.


Official website here: www.spcollegefoundation.spcollege.edu

Is St Petersburg College Foundation Inc legitimate?

St Petersburg College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Petersburg College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.spcollegefoundation.spcollege.edu

What is the mission statement of St Petersburg College Foundation Inc?

The St Petersburg College Foundation Inc's mission is centered around promoting philanthropy within the community. This is done through strategic partnerships with the aim of advocating for higher education in general, and more specifically at St. Petersburg College (SPC). The foundation's mission includes providing financial aid to students in the form of scholarships, awards, and grants. It also supports the improvement of teaching and instructional services, the development of new and enhanced facilities, and the integration of advanced technology into the educational environment at SPC.


Official website here: www.spcollegefoundation.spcollege.edu

Who is the CEO of St Petersburg College Foundation Inc?

Jesse Turtle is the Chairman of St Petersburg College Foundation Inc.


Official website here: www.spcollegefoundation.spcollege.edu

What is the revenue of St Petersburg College Foundation Inc?

St Petersburg College Foundation Inc's revenue in 2023 was $7,970,051.


Official website here: www.spcollegefoundation.spcollege.edu

Who are the executives of St Petersburg College Foundation Inc and what are their salaries?

Here are 18 key members and their salaries:

    Dr Tonjua Williams (College Pres) [Trustee/Director]
  • Compensation: $0
  • Related: $326,981
  • Other: $88,565

    • Jesse Turtle (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $148,875
  • Other: $80,807

    • Mike Meigs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $111,116
  • Other: $36,350

    • Teresa Mcfarland (Executive Di)
  • Compensation: $0
  • Related: $103,610
  • Other: $22,212

    • Deborah Swink (Executive Di)
  • Compensation: $0
  • Related: $94,946
  • Other: $17,888

    • Tim Scott (Business Man)
  • Compensation: $0
  • Related: $56,083
  • Other: $6,193

    • Joshua Bomstein (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaclyn Ballard (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Shepard (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Blanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnny Boykins-Rothey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Michael Carroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Hibbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Munro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bemetra Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Stonecipher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Warshof (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Winning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.spcollegefoundation.spcollege.edu

    Where can I find the form 990 for St Petersburg College Foundation Inc?

    The St Petersburg College Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.spcollegefoundation.spcollege.edu

    Learn more at the official website: www.spcollegefoundation.spcollege.edu

    Mission Statement of St Petersburg College Foundation Inc

    St. Petersburg College Foundation Inc is committed to promoting philanthropy within the community, with a particular focus on advocating for higher education. The foundation's mission is twofold. Firstly, it aims to provide financial assistance to students attending St. Petersburg College (SPC) through scholarships, awards, and grants. This financial aid is instrumental in helping deserving students afford their education, thereby opening up opportunities for personal growth and career advancement.

    Secondly, the St. Petersburg College Foundation Inc is dedicated to enhancing teaching and instructional services at SPC. This involves investing in innovative methods and resources to improve the learning experience for students. The foundation also supports the development of new and improved facilities on campus, ensuring that SPC maintains a modern and conducive environment for learning. Lastly, the foundation is committed to equipping SPC with state-of-the-art technology, ensuring that the college stays at the forefront of educational advancements. In doing so, the St. Petersburg College Foundation Inc plays a crucial role in supporting the higher education sector, contributing to the intellectual growth and development of its students.

    Impact

    This information is meant to be a general summary of St Petersburg College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    St Petersburg College Foundation Inc's impact is significant in providing financial assistance to students at St. Petersburg College (SPC). With over 282 named scholarship funds, the foundation supports students in various areas of study, including nursing, education, study abroad programs, and financial assistance for returning veterans. In a challenging financial landscape for higher education, where college expenses have risen nearly 40% over the last decade, the foundation's efforts play a crucial role in enabling students to pursue their academic goals. During 2022-23, the foundation provided financial assistance to more than 4,046 students, with an average scholarship award of approximately $620. In total, around $2.5 million in scholarships were awarded, making a tangible difference in the lives of SPC students.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,329,644
  • Program Service Revenue: $672,002
  • Gross Receipts: $11,708,458

    • Assets and Liabilities:
  • Total Assets: $77,743,250
  • Total Liabilities: $0
  • Net Assets: $77,743,250
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEE REVENUE

    Revenue

    $672,002

    Organization Details

    Founding Year

    1979

    Principal Officer

    Jesse Turtle

    Main Address

    PO BOX 13489, SAINT PETERSBURG, FL, 33733

    NTEE Category

    Code: B110 - Education

    If you are a representative of St Petersburg College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.