THE COMMUNITY FOUNDATION OF SARASOTA CO INC Charity Report

Public IRS 990 nonprofit record

THE COMMUNITY FOUNDATION OF SARASOTA CO INC

EIN 59-1956886 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

COMMUNITY IMPACT POWERED BY PHILANTHROPY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.22%of revenue went to mission work85.4% of expenses · Program services

4.36%of revenue went to fundraising6.7% of expenses

$64.68spent for every $100 of revenueRevenue covered expenses this year.

5.10%of revenue went to management and office costs7.9% of expenses

$9.21in assets for every $1 spent this yearSome assets cannot be spent right away.

58.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $407,309 for ROXANNE JERDE (CEO/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$87,039,125

Mission workProgram services$48,062,93255.22% of revenue85.4% of expenses

ManagementOffice and general costs$4,442,1325.10% of revenue7.9% of expenses

FundraisingAsking for donations$3,790,7834.36% of revenue6.7% of expenses

Revenue left after expensesReported annual surplus$30,743,27835.32% of revenueShown in gray on the chart

Total expenses$56,295,84764.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.4% mission · 7.9% management · 6.7% fundraisingTotal expenses: 64.68% of revenue

2023Expense mix: 88.8% mission · 6.2% management · 5.0% fundraisingTotal expenses: 78.45% of revenue

2022Expense mix: 86.4% mission · 7.5% management · 6.1% fundraisingTotal expenses: 98.11% of revenue

2021Expense mix: 87.2% mission · 7.0% management · 5.7% fundraisingTotal expenses: 72.85% of revenue

2020Expense mix: 82.8% mission · 9.4% management · 7.9% fundraisingTotal expenses: 54.06% of revenue

2019Expense mix: 89.4% mission · 5.5% management · 5.2% fundraisingTotal expenses: 91.76% of revenue

2018Expense mix: 81.5% mission · 9.4% management · 9.0% fundraisingTotal expenses: 54.64% of revenue

2017Expense mix: 87.0% mission · 5.9% management · 7.1% fundraisingTotal expenses: 42.10% of revenue

Money in and money out

Revenue$87,039,125

Expenses$56,295,847

Annual surplus $30,743,278 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$48,062,932 · 85.4% of expenses

Management and office costs$4,442,132 · 7.9% of expenses

Fundraising$3,790,783 · 6.7% of expenses

See all reported dollar amounts

Revenue$87,039,125

Expenses$56,295,847

Assets$518,451,597

Income$212,490,133

Contributions$50,655,466

Mission work (program services)$48,062,932

Fundraising$3,790,783

Grants given$318,862,447

Average grant$50,774

Management and general$4,442,132

Executive compensation (total)$1,258,502

Stocks and bonds$472,314,437

Accounting fees$63,059

Investing fees$1,028,387

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROXANNE JERDECEO/PRESIDENT · 40 hrs/week $407,309Base $365,146 · Other $42,163

ERIN JONESCFO · 40 hrs/week $268,640Base $235,315 · Other $33,325

ELIZABETH PENNEWILLGENERAL COUNSEL · 40 hrs/week $252,490Base $221,095 · Other $31,395

JAY YOUNGVP, PHILANTHROPY · 40 hrs/week $206,800Base $156,688 · Other $50,112

MISCHA KIRBYVP, STRATEGIC COMM. & MARK · 40 hrs/week $200,013Base $173,422 · Other $26,591

KIRSTEN RUSSELLVP, COMMUNITY IMPACT · 40 hrs/week $192,198Base $163,954 · Other $28,244

NICOLE COUDALVP, HUMAN RESOURCES · 40 hrs/week $191,771Base $165,361 · Other $26,410

RINA ALVAREZDIRECTOR, PHILANTHROPY · 40 hrs/week $143,308Base $124,144 · Other $19,164

JULIE AVINSCONTROLLER · 40 hrs/week $134,705Base $104,912 · Other $29,793

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

ROXANNE JERDECEO/PRESIDENT

ERIN JONESCFO

ELIZABETH PENNEWILLGENERAL COUNSEL

JAY YOUNGVP, PHILANTHROPY

MISCHA KIRBYVP, STRATEGIC COMM. & MARK

KIRSTEN RUSSELLVP, COMMUNITY IMPACT

NICOLE COUDALVP, HUMAN RESOURCES

RINA ALVAREZDIRECTOR, PHILANTHROPY

JULIE AVINSCONTROLLER

TERRI VITALEDIRECTOR

CHARLES E WILLIAMSSECRETARY

T ANDREW STULTZTREASURER

PAUL HUDSONVICE CHAIR

PATRICIA MATHEWSDIRECTOR

MITZIE HENSONDIRECTOR

MERCEDES SOLERDIRECTOR

MARY LOU WINNICKDIRECTOR

MARILYN THOMPSONCHAIR

JEFFREY TROIANODIRECTOR

ERIN DUGGANDIRECTOR

DR LAURA MATTIADIRECTOR

DR KAREN HAMADDIRECTOR

DR JANET E TAYLORDIRECTOR

DAVID JOYNERDIRECTOR

DANIEL DENTONDIRECTOR

DANIEL DELEODIRECTOR

About this charity

Recognized since: January 1980
Location: 2635 FRUITVILLE RD, SARASOTA, FL 34237-5222
County: Sarasota
In care of: % LAURA SPENCER
Primary officer: ERIN JONES, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@cfsarasota.org Phone(941) 955-3000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KERKERING BARBERIO & CO
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes