| FORM 990 - ORGANIZATION'S MISSION |
THE FOUNDATION PROMOTES THE PRACTICE OF PHILANTHROPY THROUGH PARTNERSHIPS WITH THE COMMUNITY FOR THE ADVOCACY OF HIGHER EDUCATION IN GENERAL AND, SPECIFICALLY AT ST. PETERSBURG COLLEGE (SPC), FOR (1) THE PROVISION OF STUDENT SCHOLARSHIPS, AWARDS AND GRANTS, (2) THE ADVANCEMENT OF TEACHING AND INSTRUCTIONAL SERVICES, (3) NEW AND IMPROVED FACILITIES AND (4) STATE- OF-THE-ART TECHNOLOGY. |
| FORM 990, PAGE 2, PART III, LINE 4A |
(CONTINUED FROM PART III, LINE 4A) IN 2018 THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO MORE THAN 2,309 STUDENTS. THE AVERAGE SCHOLARSHIP AWARD WAS APPROXIMATELY 800. TOTAL AMOUNT OF SCHOLARSHIPS AWARDED WAS OVER 1.9 MILLION. |
| FORM 990, PAGE 2, PART III, LINE 4B |
(CONTINUED FROM PART III, LINE 4B) ADDITIONALLY THE FOUNDATION PROVIDED GRANTS TO FACULTY AND STAFF TO IMPLEMENT PROGRAMS THAT BROADEN THE SCOPE OF THE CURRICULUM AND IMPROVE STUDENT SUCCESS. ST. PETERSBURG COLLEGE IS EXPERIENCING DECLINES IN SUPPORT FROM THE STATE OF FLORIDA. ACCORDINGLY, PRIVATE SUPPORT IS AN INCREASINGLY IMPORTANT COMPONENT OF REVENUE TO THE VARIOUS CAMPUSES/DEPARTMENTS. THE FOUNDATION ANTICIPATES A HIGHER RATE OF USE OF FOUNDATION HELD FUNDS IN THE FUTURE AS A RESULT OF DECREASED RESOURCES PROVIDED BY THE STATE. |
| FORM 990, PAGE 2, PART III, LINE 4D |
TO PROVIDE GRANTS TO THE LEEPA-RATTNER MUSEUM OF ART FOR PROGRAM SUPPORT. |
| FORM 990, PART V |
LINES 2A AND 2B: THE ORGANIZATION'S PAYROLL IS REPORTED UNDER A RELATED ORGANIZATION; THE ST. PETERSBURG COLLEGE. THE NUMBER OF EMPLOYEES REPORTED REPRESENTS ALL THE ORGANIZATION'S EMPLOYEES. ST. PETERSBURG COLLEGE HAS FILED ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS. |
| FORM 990, PAGE 6, PART VI, LINE 11B |
A DRAFT OF THE 990 TAX FORM WILL BE SENT TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND INPUT. THE 990 TAX FORM WILL BE ON THE BOARD AGENDA FOR REVIEW AND/OR DISCUSSION PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C |
THE FOUNDATION SEEKS DISCLOSURE OF ANY CONFLICT OF INTEREST FROM OFFICERS, DIRECTORS AND KEY EMPLOYEES. A DISCLOSED CONFLICT WOULD BE REPORTED TO THE BOARD AND HANDLED ACCORDINGLY. |
| FORM 990, PAGE 6, PART VI, LINE 15A |
COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE ST. PETERSBURG COLLEGE FOUNDATION, INC. IS BASED ON THE ST. PETERSBURG COLLEGE CLASSIFICATION AND SALARY SCHEDULE, WHICH INCLUDES RANGES FOR EACH GRADE, INCLUDING THIS POSITION. |
| FORM 990, PAGE 6, PART VI, LINE 15B |
COMPENSATION FOR KEY EMPLOYEES OF ST. PETERSBURG COLLEGE FOUNDATION, INC. IS BASED ON THE ST. PETERSBURG COLLEGE CLASSIFICATION AND SALARY SCHEDULE, WHICH INCLUDES RANGES FOR EACH GRADE, INCLUDING THESE POSITIONS. |
| FORM 990, PAGE 6, PART VI, LINE 19 |
ALL OF THE ST. PETERSBURG COLLEGE FOUNDATION, INC. DOCUMENTS (INCLUDING GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY) ARE AVAILABLE UPON REQUEST. WE POST OUR FINANCIAL STATEMENTS ON OUR WEBSITE AND ON GUIDESTAR.COM. |
| FORM 990, PART XI, LINE 9 |
CHANGE IN VALUE OF SPLIT INTEREST AGRMTS 25,431 |
Attach to Form 990 or 990-EZ.