Public Charity

POLK STATE COLLEGE FOUNDATION

POLK STATE COLLEGE FOUNDATION is a nonprofit organization categorized as Public Charity based in WINTER HAVEN, FL. Its most recent IRS filing (2025) reports revenue of $3.6M, expenses of $3.3M, total assets of $55.4M. Imperigo tracks 36 reported grant relationships connected to this organization totaling approximately $1.9M.

EIN: 591819213 WINTER HAVEN, FL Latest filing: 2025
Total Revenue$3.6M
Total Expenses$3.3M
Total Assets$55.4M
Grant Records36
Funding Total$1.9M
Filing Years2021–2025

Mission

POLK STATE COLLEGE FOUNDATION WORKS IN TANDEM WITH POLK STATE COLLEGE TO HELP IT MEET ITS HALLMARKS AND COMMITMENT TO THE COMMUNITY OF ACCESS AND AFFORDABILITY TO HIGHER EDUCATION. (CONTINUED ON SCHEDULE O)SCHOLARSHIPS ARE A KEY WAY THE FOUNDATION ACCOMPLISHES THIS AND, AS SUCH, REMAINS THE FOUNDATION'S NUMBER-ONE FUNDRAISING PRIORITY. THE POLK STATE COLLEGE FOUNDATION IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF COMMUNITY LEADERS, AS WELL AS A STRONG MANAGEMENT TEAM TO ENSURE THAT DONATIONS ARE WISELY MANAGED AND LEVERAGED TO MAXIMIZE THE BENEFIT TO THE STUDENTS. GIFTS AT EVERY LEVEL ARE APPRECIATED AND TRULY MAKE A DIFFERENCE IN THE LIVES OF POLK STATE STUDENTS. SOME STUDENTS, INDEED, NEED HELP PAYING FOR THE MAJORITY OF THEIR TUITION, WHILE OTHERS SIMPLY NEED HELP WITH THE COST OF A BOOK TO BE ABLE TO AFFORD TAKING A CLASS AT POLK.

Where $100 goes at Polk State College Foundation

How Polk State College Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$12 Management running the organization
$8 Fundraising raising the next dollar

Inside the $80 for programs

$80
The Polk State College Foundation assists more than 1,000 students annually through awarding more than $1.5 million in scholarships
All program spending · Reported in the filing: 1,000 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER - AS OF 07/25 Alex Price
BOARD MEMBER Analisa Novosel
BOARD MEMBER Beth Lucket
BOARD MEMBER Bill Jacobs
CHAIR (AS OF 7/25) Bo Boyte
BOARD MEMBER - AS OF 07/25 Chris Nelson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,141,215 8 grants
General Support
$349,175 14 grants
Public Safety & Disaster Relief
$32,508 1 grant
Human & Social Services
$30,000 1 grant
Fundraising & Sponsorship
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.6M $3.3M $55.4M
2024 $7.2M $2.7M $51.4M
2023 $3.0M $2.3M $45.5M
2022 $6.3M $2.2M $40.0M
2021 $4.3M $1.9M $44.5M

Between 2021 and 2025, reported annual revenue declined from $4.3M to $3.6M (-15%), with total assets most recently reported at $55.4M.

Interactive year-over-year charts and full filing details available with membership.

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