Public Charity

LAKE-SUMTER STATE COLLEGE FOUNDATION INC

Based in LEESBURG, FL, LAKE-SUMTER STATE COLLEGE FOUNDATION INC operates as a Public Charity. The organization reported $5.5M in revenue, $2.5M in expenses, $34.9M in total assets for fiscal year 2024. Imperigo tracks 26 reported grant relationships connected to this organization totaling approximately $3.6M.

EIN: 591990323 LEESBURG, FL Latest filing: 2024
Total Revenue$5.5M
Total Expenses$2.5M
Total Assets$34.9M
Grant Records26
Funding Total$3.6M
Filing Years2019–2024

Mission

THE LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. IS A DIRECT SUPPORT ORGANIZATION WHOSE MISSION IS TO PROVIDE EXCELLENCE IN EDUCATION, SERVICE TO THE COMMUNITY, AND FINANCIAL ASSISTANCE TO QUALIFIED STUDENTS.

Officers & Directors

BOARD MEMBER Alise Morris
BOARD MEMBER Angie Langley
BOARD MEMBER Carl Specci
FACULTY LIAISON THRU 8/21/24 Christopher Leibner
BOARD MEMBER Daniel Whitehouse
TRUSTEE LIAISON David Hidalgo

Officer compensation and complete director data available with membership.

Top Grant Purposes

Increased the REGISTERED NURSING PROGRAM
$2,900,000 2 grants
VARIOUS AWARDS
$200,391 8 grants
TRAINING PROGRAMS IN THE HEALTHCARE INDUSTRY TO FILL REGIONAL EMPLOYMENT NEEDS BY STARTING A MEDICAL LAB TECHNOLOGY ASSOCIATE IN SCIENCE DEGREE.
$170,500 1 grant
GENERAL SUPPORT
$160,000 3 grants
For grant recipient's exempt purposes
$57,001 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.5M $2.5M $34.9M
2023 $4.1M $2.4M $30.9M
2022 $3.5M $1.9M $26.0M
2020 $2.7M $1.3M $25.6M
2019 $2.2M $1.3M $22.4M

Between 2019 and 2024, reported annual revenue grew from $2.2M to $5.5M (+155%), with total assets most recently reported at $34.9M.

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

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