SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC

EIN: 596580974 501(c)(3) Philanthropy & Grantmaking

FORT MYERS, FL

Total Revenue
$28,118,994
Total Expenses
$17,300,901
Total Assets
$162,968,322
Net Assets
$155,080,610
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
FL
Principal Officer
DAWN BELAMARICH
Phone
2392745900
Tax Period
2023-07-01 to 2024-06-30

SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC, founded in 1976, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $28.1M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.8M, a strong 38% operating margin.

Mission

THE SOUTHWEST FLORIDA COMMUNITY FOUNDATION'S MISSION IS TO CULTIVATE REGIONAL CHANGE FOR THE COMMON GOOD. SOUTHWEST FLORIDA COMMUNITY FOUNDATION'S PUBLIC-FACING IDENTITY HAS BECOME COLLABORATORY. NOT SIMPLY A NAME CHANGE, IT IS A STRATEGIC LEADERSHIP COMMITMENT TO ADDRESS THE FAILURES OF TRADITIONAL APPROACHES TO SOLVING OUR REGION'S SOCIAL CHALLENGES THROUGH SINGULAR AND DISCONNECTED SOLUTIONS. ORGANIZING THE LARGE-SCALE COORDINATION OF MULTI-SECTOR EFFORTS - COLLABORATORY WILL SPARK AND MULTIPLY LOCALLY-SOURCED SOLUTIONS. FROM HUNGER TO ILLITERACY, RACISM TO MENTAL ILLNESS, ISOLATION TO INJUSTICE, ALL ARE INTERCONNECTED. SOLVING ONE INVOLVES ALL OF THEM, TOGETHER, HOLISTICALLY. COLLABORATORY'S CORE ASSUMPTION IS THAT SILOED APPROACHES FAIL. COLLABORATORY'S GOAL IS TO END ALL THE REGION'S SOCIAL PROBLEMS ON AN 18-YEAR DEADLINE CREATING A REGION WHERE ALL CHILDREN, FAMILIES AND COMMUNITIES ARE CONFIDENT, HEALTHIER, AND TRUSTING OF PEOPLE, INSTITUTIONS, AND SYSTEMS THAT SERVE THEM. COLLABORATORY WILL CATALYZE AND COORDINATE MASSIVE, INCLUSIVE, GRASSROOTS EFFORTS CONNECTED WITH CIVIC LEADERS ALIGNING POLICIES AND SYSTEMS SUPPORTING GREATER EQUITY AND OPPORTUNITY. USING ITS ICONIC PHYSICAL SETTING, THE RENOVATED HISTORIC ATLANTIC COAST LINE RAILROAD DEPOT IN FORT MYERS, FLORIDA AND UNLIMITED VIRTUAL SPACE FOR ENGAGEMENT, COLLABORATORY BRINGS TOGETHER ALL RESIDENTS TO DEVELOP A SHARED VISION AND COMMON GOALS FOR A BETTER FUTURE FOR ALL WHO CALL OUR REGION HOME.

Program Service Accomplishments

Program 1
Expenses: $6,133,817

NON-COMPETITIVE GRANTS ARE PROCESSED THROUGH DESIGNATED, AGENCY, AND DONOR ADVISED FUNDS. DESIGNATED AND AGENCY FUNDS ARE GENERALLY DISTRIBUTED DURING FIRST QUARTER OF THE CALENDAR YEAR, UNLESS...

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NON-COMPETITIVE GRANTS ARE PROCESSED THROUGH DESIGNATED, AGENCY, AND DONOR ADVISED FUNDS. DESIGNATED AND AGENCY FUNDS ARE GENERALLY DISTRIBUTED DURING FIRST QUARTER OF THE CALENDAR YEAR, UNLESS SPECIFIED BY A DISTRIBUTION PAYMENT SCHEDULE. DONOR ADVISED FUNDS ARE PROCESSED THROUGHOUT THE YEAR. DONOR ADVISORS MAY RECOMMEND GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS, BUT THE FOUNDATION, DBA COLLABORATORY RETAINS FULL DISCRETION OF DISBURSEMENT APPROVALS.

Program 2
Expenses: $1,574,966

SCHOLARSHIP FUNDS ARE DESIGNED TO MEET THE DONOR'S INTENT AND WISHES. SCHOLARSHIP AWARDS MADE THROUGH THE FOUNDATION'S, DBA COLLABORATORY SCHOLARSHIP PROGRAM FOLLOWING GUIDELINES AND PROCESSES THAT...

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SCHOLARSHIP FUNDS ARE DESIGNED TO MEET THE DONOR'S INTENT AND WISHES. SCHOLARSHIP AWARDS MADE THROUGH THE FOUNDATION'S, DBA COLLABORATORY SCHOLARSHIP PROGRAM FOLLOWING GUIDELINES AND PROCESSES THAT INCLUDE APPLICATIONS, NONDISCRIMINATORY SELECTIONS, AND PAYMENT EXECUTION PROCESSES. THE FOUNDATION, DBA COLLABORATORY DISTRIBUTES SCHOLARSHIP AWARDS DIRECTLY TO EDUCATIONAL INSTITUTIONS FOR THE BENEFIT OF THE AWARDED STUDENT. THE SCHOLARSHIP PROCESS HAS BEEN REFINED TO INCREASE MULTI-YEAR SCHOLARSHIPS, TO ASSIST ALL STUDENT APPLICANTS (REGARDLESS OF RACE, ETHNICITY, GENDER, ETC.) BY OPENING MORE SCHOLARSHIP FUNDING OPPORTUNITIES BASED ON THE STUDENT APPLICANT'S ELIGIBILITY, AND TO ASSIST STUDENTS SEEKING CERTIFICATIONS FROM TECHNICAL COLLEGES.

Program 3
Expenses: $1,541,194

COMPETITIVE GRANTS ARE FUNDED BY FIELD OF INTEREST AND UNRESTRICTED FUNDS. ALIGNED WITH THE GOALS OF COLLABORATORY, COMPETITIVE GRANTS ARE USED TO FUND THE BANDWIDTH REQUIRED FOR COALITIONS TO START...

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COMPETITIVE GRANTS ARE FUNDED BY FIELD OF INTEREST AND UNRESTRICTED FUNDS. ALIGNED WITH THE GOALS OF COLLABORATORY, COMPETITIVE GRANTS ARE USED TO FUND THE BANDWIDTH REQUIRED FOR COALITIONS TO START AND SUSTAIN. PRIORITIES ARE DETERMINED BY A CALL FOR INFORMATION FROM INTERESTED ORGANIZATIONS. GRANTS ARE TO BE AWARDED TO NONPROFITS THAT SERVE AS THE BACKBONE FOR A COALITION THAT ADDRESSES THE WHOLE SYSTEM, SUCH AS HOUSING OR HEALTH AND WELLNESS. FUNDING IS FOR THREE YEARS, CONTINGENT ON SUCCESSFUL PERFORMANCE EACH YEAR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,984,361
Program Service Revenue $0
Investment Income $8,152,026
Other Revenue $-17,393
TOTAL REVENUE $28,118,994

Expense Breakdown

Grants Paid $8,465,141
Salaries & Benefits $3,037,857
Fundraising Expenses $608,719
Program Expenses $14,371,855
Other Expenses $5,797,903
TOTAL EXPENSES $17,300,901

Year-over-Year Comparison

2023 2022 Change
Revenue $28,118,994 $21,592,217 +0.3%
Expenses $17,300,901 $16,701,607 +0.0%
Net Income $10,818,093 $4,890,610 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
17
Employees
33
Volunteers
273

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
9
$824,808
Total Directors
18
$98,906
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN BELAMARICH CHAIR/ PRESIDENT(AS OF 9/5/23) 55.00
Officer Director
$90,959 $7,947 $98,906
GAIL MARKHAM CHAIR 3.00
Officer Director
$0 $0 $0
GARY GRIFFIN VICE CHAIR AND SECRETARY/TREASURER 3.00
Officer Director
$0 $0 $0
AYSEGUL TIMUR IMMEDIATE PAST CHAIR 3.00
Officer Director
$0 $0 $0
MALIKE ADIGUN TRUSTEE 3.00
Director
$0 $0 $0
CHAUNCEY GOSS TRUSTEE 3.00
Director
$0 $0 $0
DALE REISS TRUSTEE 3.00
Director
$0 $0 $0
FRED MOON TRUSTEE 3.00
Director
$0 $0 $0
HARRISON S KNIGHT TRUSTEE 3.00
Director
$0 $0 $0
KAREN WATSON TRUSTEE 3.00
Director
$0 $0 $0
JUAN BENDECK TRUSTEE 3.00
Director
$0 $0 $0
JULIE BEN-SUSAN TRUSTEE 3.00
Director
$0 $0 $0
KHANDYCE MOSELY TRUSTEE 3.00
Director
$0 $0 $0
LILLIE RENTZ TRUSTEE 3.00
Director
$0 $0 $0
LAUREM DRASITES TRUSTEE 3.00
Director
$0 $0 $0
ROSEMARY FLLORI TRUSTEE 3.00
Director
$0 $0 $0
SALLY JACKSON TRUSTEE 3.00
Director
$0 $0 $0
SUZANNE BOY TRUSTEE 3.00
Director
$0 $0 $0
TERRY MAZANY CHIEF COLLABORATION OFFICER 50.00
Officer
$194,712 $6,914 $201,626
MARINA NASSIF CFO 50.00
Officer
$139,769 $18,378 $158,147
TESSA LESAGE CHIEF IMPACT OFFICER 50.00
Officer
$168,423 $19,852 $188,275
JONATHON ROMINE CHIEF OPERATIONS OFFICER 50.00
Officer
$159,577 $18,277 $177,854
JOSEPH BRAUN CHIEF PHILANTHROPY OFFICER 50.00
Officer
$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
2025 No data No data No data No data
2024 $28,118,994 $17,300,901 $162,968,322 $10,818,093
2023 $21,592,217 $16,701,607 $159,037,731 $4,890,610
2022 $16,558,924 $11,409,603 $150,939,743 $5,149,321
2021 $17,799,065 $11,228,850 $181,291,713 $6,570,215
2020 $13,722,152 $10,868,202 $146,689,909 $2,853,950
2019 $21,503,920 $9,710,207 $134,951,570 $11,793,713
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