PINELLAS COMMUNITY FOUNDATION

EIN: 237113194 501(c)(3) Philanthropy & Grantmaking

CLEARWATER, FL

Total Revenue
$21,652,227
Total Expenses
$17,825,459
Total Assets
$154,557,687
Net Assets
$146,470,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
FL
Principal Officer
DUGGAN COOLEY CFRE
Phone
7275310058
Tax Period
2024-01-01 to 2024-12-31

PINELLAS COMMUNITY FOUNDATION, founded in 1969, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $21.7M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 18% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY BY BRINGING TOGETHER PHILANTHROPY AND SOLUTIONS TO LOCAL ISSUES. FROM THE ISSUES OF CHILDHOOD HUNGER, HOMELESSNESS, OR QUALITY HEALTHCARE TO ARTS EDUCATION OR COLLEGE SCHOLARSHIPS, PCF SUPPORTS A DIVERSE SET OF NONPROFIT ORGANIZATIONS AND CAUSES THAT HAVE A DEEP AND BROAD-RANGING IMPACT REFLECTIVE OF BOTH THE COMMUNITY'S NEEDS AND DONOR WISHES.

Program Service Accomplishments

Program 1
Expenses: $17,116,124

PINELLAS COMMUNITY FOUNDATION (PCF) STRENGTHENS THE QUALITY OF LIFE FOR ALL PINELLAS COUNTY RESIDENTS BY ADDRESSING CRITICAL COMMUNITY CHALLENGES IN HUMAN SERVICES, ENVIRONMENTAL HEALTH, AND...

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PINELLAS COMMUNITY FOUNDATION (PCF) STRENGTHENS THE QUALITY OF LIFE FOR ALL PINELLAS COUNTY RESIDENTS BY ADDRESSING CRITICAL COMMUNITY CHALLENGES IN HUMAN SERVICES, ENVIRONMENTAL HEALTH, AND EDUCATION-WHILE FOSTERING A VIBRANT ARTS AND CULTURE SECTOR. IN PARTNERSHIP WITH OUR GENEROUS DONORS, PCF AWARDED 654 GRANTS TO 323 CHARITABLE ORGANIZATIONS IN 2024, SUPPORTING INITIATIVES THAT ENHANCE OUR COMMUNITY'S RESILIENCE AND WELL-BEING. FOLLOWING HURRICANES HELENE AND MILTON, PCF WORKED WITH REGIONAL PARTNERS TO ACTIVATE THE TAMPA BAY RESILIENCY FUND AND THE WE ARE ST. PETE FUND, BOTH DEDICATED TO RAISING AND DISTRIBUTING FUNDS FOR HURRICANE RELIEF AND RECOVERY. THESE COLLABORATIVE EFFORTS HELPED DIRECT RESOURCES QUICKLY TO ORGANIZATIONS PROVIDING FOOD, SHELTER, AND ESSENTIAL SERVICES TO AFFECTED RESIDENTS, REINFORCING PCF'S ROLE IN SUPPORTING OUR COMMUNITY THROUGH CRISIS AND RECOVERY. OUR GRANTS FOCUS ON KEY ISSUES SUCH AS FOOD SECURITY, HOUSING STABILITY, HEALTHCARE ACCESS, ARTS EDUCATION, AND EDUCATIONAL OPPORTUNITY. AS A COMMUNITY PARTNER, PCF COLLABORATES WITH DONORS, NONPROFITS, LOCAL LEADERS, AND FUNDERS TO IDENTIFY AND RESPOND TO EMERGING NEEDS. BY ALIGNING RESOURCES WITH EFFECTIVE SOLUTIONS, PCF REMAINS A TRUSTED PARTNER IN ADVANCING LOCALLY FOCUSED PHILANTHROPY THAT DELIVERS MEANINGFUL RESULTS. PCF ALSO HELPS DONORS CREATE SCHOLARSHIP FUNDS THAT SUPPORT STUDENTS PURSUING HIGHER EDUCATION AND VOCATIONAL TRAINING. WORKING CLOSELY WITH DONORS, OUR TEAM DESIGNS SCHOLARSHIPS THAT REFLECT EACH DONOR'S GOALS, ENSURING EACH AWARD MAKES A REAL DIFFERENCE FOR STUDENTS AND THE BROADER COMMUNITY. IN 2024, DONORS PARTNERED WITH PCF TO RECOMMEND 220 GRANTS THROUGH DONOR- ADVISED FUNDS, SUPPORTING A WIDE RANGE OF COMMUNITY PRIORITIES. PCF PROVIDES EXPERTISE AND GUIDANCE TO HELP DONORS ACHIEVE THEIR CHARITABLE GOALS AND ENSURE EVERY GRANT MEETS REAL COMMUNITY NEEDS. BY SIMPLIFYING THE GIVING PROCESS AND FOSTERING THOUGHTFUL PHILANTHROPY, PCF EMPOWERS DONORS TO MAKE A LASTING, POSITIVE IMPACT ON THE CAUSES THEY CARE ABOUT MOST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,497,519
Program Service Revenue $0
Investment Income $7,138,904
Other Revenue $15,804
TOTAL REVENUE $21,652,227

Expense Breakdown

Grants Paid $15,207,655
Salaries & Benefits $994,151
Fundraising Expenses $315,732
Program Expenses $17,116,124
Other Expenses $1,623,653
TOTAL EXPENSES $17,825,459

Year-over-Year Comparison

2024 2023 Change
Revenue $21,652,227 $13,935,105 +0.6%
Expenses $17,825,459 $12,650,994 +0.4%
Net Income $3,826,768 $1,284,111 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
10
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$226,769
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUGGAN COOLEY CFRE CEO / SECRET 40.00
Officer
$226,769 $0 $226,769
BO BRAULT CPA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN DAVIDOV BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA SMITH ROODHOUSE ESQ BOARD MEMBER 1.00
Officer Director
$0 $0 $0
KIT VAN PELT ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
ISAY M GULLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JUDGE MYRIAM IRIZARRY BOARD MEMBER 1.00
Director
$0 $0 $0
MARION RICH BOARD MEMBER 1.00
Director
$0 $0 $0
KIMBERLY RODGERS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE SEIBERT VICE CHAIR 1.00
Officer Director
$0 $0 $0
WILLIAM STURTEVANT BOARD MEMBER 1.00
Director
$0 $0 $0
FREDDY WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $21,652,227 $17,825,459 $154,557,687 $3,826,768
2023 $13,935,105 $12,650,994 $140,779,030 $1,284,111
2022 $8,175,378 $7,842,991 $118,703,653 $332,387
2021 $23,264,951 $18,892,031 $142,858,566 $4,372,920
2020 $24,159,880 $20,682,020 $135,249,213 $3,477,860
2019 $15,327,688 $5,121,765 $120,047,340 $10,205,923
2018 $12,646,495 $4,210,652 $97,426,209 $8,435,843
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