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Community Foundation Of Tampa Bay Inc

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

EIN: 593001853 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Of Tampa Bay Inc?

Community Foundation of Tampa Bay Inc is a charitable organization based in Tampa, Florida, whose primary mission revolves around administering endowments and donor-advised funds. Contributions received by the foundation are solely dedicated to grant-making efforts, primarily benefiting religious, charitable, scientific, literary, and educational causes in the Tampa Bay community. Inspiring and fostering philanthropy and civic leadership for maximum local impact is the organization's core mission. With a team of 29 employees, the Community Foundation of Tampa Bay plays a pivotal role in enriching and uplifting the Tampa Bay area.


Official website here: www.cftampabay.org

Is Community Foundation Of Tampa Bay Inc legitimate?

Community Foundation Of Tampa Bay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Tampa Bay 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: $522,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,543,127

For more financial information, click here


Official website here: www.cftampabay.org

What is the mission statement of Community Foundation Of Tampa Bay Inc?

The Community Foundation of Tampa Bay Inc is dedicated to inspiring and fostering philanthropy and civic leadership for maximum impact in local communities. Their primary mission involves administering endowments and donor advised funds. Through this work, they receive contributions for grants, primarily intended for religious, charitable, scientific, literary, or educational purposes, primarily benefiting the community. The foundation's grants aim to make a significant difference across various sectors, enhancing the overall well-being and development of the community.


Official website here: www.cftampabay.org

Who is the CEO of Community Foundation Of Tampa Bay Inc?

Marlene M Spalten is the President/Ceo of Community Foundation Of Tampa Bay Inc. The CEO's salary of Community Foundation Of Tampa Bay Inc is $310,937 and their total compensation is $360,000.


Official website here: www.cftampabay.org

What is the revenue of Community Foundation Of Tampa Bay Inc?

Community Foundation Of Tampa Bay Inc's revenue in 2022 was $263,193,049.


Official website here: www.cftampabay.org

Who are the executives of Community Foundation Of Tampa Bay Inc and what are their salaries?

The average compensation at Community Foundation Of Tampa Bay Inc during 2022 was $71,237. There are 29 employees and 80 volunteers at Community Foundation Of Tampa Bay Inc.

Here are 25 key members and their salaries (Community Foundation Of Tampa Bay Inc's CEO's salary is $310,937 and their total compensation is $360,000):

    Marlene M Spalten (President/Ceo)
  • Compensation: $310,937
  • Related: $0
  • Other: $49,063

    • Sheila Kinman (Sr. Vice President)
  • Compensation: $194,465
  • Related: $0
  • Other: $10,156

    • Kory Burkley (Cfo)
  • Compensation: $150,728
  • Related: $0
  • Other: $12,017

    • Jesse Coraggio (Vp - Community Impact)
  • Compensation: $130,674
  • Related: $0
  • Other: $9,895

    • Berkely Spain (Controller)
  • Compensation: $108,152
  • Related: $0
  • Other: $8,609

    • Michael M Starkey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar J Horton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda O Simmons (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert H Mohr (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miles S Capron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald L Ciganek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard J Dobkin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Douglas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Hafer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward F Koren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen B Lanese (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lyda T Lindell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sareet Majumdar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie A Rockwell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark D Sena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Sneed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James R Stanger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Tims Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Touchton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie W Valentine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cftampabay.org

    Where can I find the form 990 for Community Foundation Of Tampa Bay Inc?

    The Community Foundation Of Tampa Bay Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cftampabay.org

    Learn more at the official website: www.cftampabay.org

    Mission Statement of Community Foundation Of Tampa Bay Inc

    Community Foundation of Tampa Bay Inc is a philanthropic organization with a mission to inspire and foster growth in local communities through the cultivation of philanthropy and civic leadership. The foundation's primary objective is to administer endowments and donor-advised funds, with the sole purpose of granting funds for religious, charitable, scientific, literary, or educational purposes, primarily benefiting the Tampa Bay community.

    With a commitment to enhancing the local community, the Community Foundation of Tampa Bay Inc works towards maximizing the impact of charitable giving. By receiving contributions designated for grantmaking, the foundation plays a vital role in shaping the future of the Tampa Bay area. The grants issued by the foundation serve a multitude of purposes, including but not limited to, enriching education, promoting scientific research, and supporting charitable initiatives, all to create a positive and lasting impact on the community.

    The foundation's role extends beyond mere grantmaking as it inspires and encourages civic leadership. It serves as a catalyst for change, bringing together various stakeholders, including donors, nonprofits, and community leaders, to collaborate on projects and initiatives that address the unique needs of the Tampa Bay area. By fostering a culture of giving and civic engagement, the Community Foundation of Tampa Bay Inc plays an integral role in strengthening the community and shaping its future.

    Impact

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




    Thursday, August 15, 2024

    Community Foundation Of Tampa Bay Inc is inspiring and growing philanthropy and civic leadership for maximum impact in local communities. Through grants to organizations, the foundation administers endowments and donor advised funds, ensuring that contributions are used exclusively for grants that benefit the community of Tampa Bay. Their mission is to foster a culture of giving and civic engagement, making a tangible difference in the lives of individuals and organizations within the Tampa Bay area.





    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 2022.

  • Investment Income: $17,167,528
  • Program Service Revenue: $488,168
  • Gross Receipts: $281,848,450

    • Assets and Liabilities:
  • Total Assets: $499,126,043
  • Total Liabilities: $55,832,104
  • Net Assets: $443,293,939
  • Programs

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

    ADMINISTRATIVE FEES - AGENCY FUND

    Revenue

    $435,805

    PROGRAM REGISTRATION FEES

    Revenue

    $52,363

    Organization Details

    Founding Year

    1989

    Principal Officer

    Marlene M Spalten

    Main Address

    4300 W CYPRESS ST 700, TAMPA, FL, 33607

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Community Foundation Of Tampa Bay 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.