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Southwest Florida Community Foundation

Also known as Collaboratory

Fort Myers, FL · EIN 59-6580974 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Southwest Florida Community Foundation reported $31.4 million in revenue and $19.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.95 went to program services, $15.01 to management and general costs and $4.04 to fundraising. Its largest source of revenue was contributions and grants: 68.4% of the total. Government grants made up 21.3%. The highest compensation it reported for one person was $324,289 (CHAIR/ PRESIDENT). 6 people received more than $100,000 in reportable compensation. Revenue rose 129% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $31M

Other revenue was negative: −$253K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.9%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
15.0%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
68.4%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
21.3%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$324,289$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.65%1.56%
People paid over $100,000
Part VII, line 2
63
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
106.656.6
Independent voting board members
Part VI 1a–1b
15 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.8M expenses · 42.7% of program spending · grants $3.4M

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 disbursementapprovals

$1.7M expenses · 11.0% of program spending · grants $919K

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…

$1.7M expenses · 10.7% of program spending · grants $900K

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

$5.7M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHAIR/ PRESIDENT
Director/trustee, officer, 55.00 hrs/week
$297,684$0$26,605$324,289
CHIEF IMPACT OFFICER
Officer, 50.00 hrs/week
$170,140$0$21,239$191,379
CHIEF OPERATIONS OFFICER
Officer, 50.00 hrs/week
$158,262$0$20,541$178,803
CFO (AS OF 9/5/24)
Officer, 50.00 hrs/week
$120,688$0$20,264$140,952
PARTNERSHIP MANAGER
Highest compensated employee, 40.00 hrs/week
$100,800$0$25,645$126,445
CHIEF PHILANTHROPY OFFICER
Officer, 50.00 hrs/week
$102,416$0$11,158$113,574
CFO (THROUGH 07/23/24)
Officer, 50.00 hrs/week
$93,539$0$12,782$106,321

6 people received more than $100,000 in reportable compensation from Southwest Florida Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$31M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$31M$20M80.9%$175M$324,289
FY2024 ⓘ$28M$17M83.1%$155M$201,626
FY2023 ⓘ$22M$17M82.4%$145M$389,052
FY2022 ⓘ$17M$11M82.3%$129M$354,081
FY2021 ⓘ$18M$11M87.2%$157M$426,082
FY2020 ⓘ$14M$11M84.6%$125M$428,815

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 538
  • Volunteers Part I, line 6231

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SEI INVESTMENTS
Investment management
$268,622
AGL SOLUTIONS LLC
Public policy
$199,992

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Southwest Florida Community Foundation totaling $304K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Southwest Florida Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Southwest Florida Community Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Southwest Florida Community Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Southwest Florida Community Foundation reported that 80.9% of its $19.7 million in expenses went to program services, 15.0% to management and general and 4.0% to fundraising (Form 990, Part IX).

How much does Southwest Florida Community Foundation pay its top executive?

The largest total compensation Southwest Florida Community Foundation reported for one person in the fiscal year ending June 30, 2025 was $324,289, for the role of CHAIR/ PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Southwest Florida Community Foundation get its money?

Of $31.4 million in revenue in the fiscal year ending June 30, 2025, 68.4% came from contributions and grants (including 21.3% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Southwest Florida Community Foundation a registered charity?

The IRS lists EIN 59-6580974 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202543139349300229 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433139349304218 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313129349302811 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310449349301036 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113169349310646 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003219349302205 · read the filing

All filings for EIN 59-6580974: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.