2025-11-13T14:45:55-06:00 2025-06-30 590548468 PURVIS GRAY & COMPANY LLP 2347 SE 17TH ST OCALA FL 34471 990 2024-07-01 237033822 FOUNDATION FOR SEMINOLE STATE COLLEGE OF FLORIDA INC FOUN 4077084570 1055 AAA DRIVE HEATHROW FL 32746 JOHN GYLLIN EXECUTIVE DIRECTOR 4077084570 2025-09-26 1 1 HELEN Y PAINTER CPA P00414072 3527323872 2025-09-26 2024 2025-03-06 01:10:19Z JOHN GYLLIN 1055 AAA DRIVE HEATHROW FL 32746 11212869 0 X WWW.SEMINOLESTATE.EDU/FOUNDATION X 1969 FL TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS 35 34 0 218 0 0 5962084 3311798 655548 297291 1508369 1708132 -46510 -29363 8079491 5287858 2636542 3110093 0 0 0 0 0 0 0 587600 673645 3224142 3783738 4855349 1504120 41626742 45131685 299460 301154 41327282 44830531 X SEE SCHEDULE OTO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS. THE FOUNDATION PROVIDES RESOURCES THAT SUPPORT ACADEMIC EXCELLENCE, INCREASED ACCESS, AND VITAL COMMUNITY OUTREACH WHICH ASSIST IN THE ADVANCEMENT OF THE INSTITUTION, STUDENTS, FACULTY AND STAFF. 0 0 1325726 1325726 PROVIDE MERIT AND NEED BASED SCHOLARSHIPS, IN ACCORDANCE WITH DONOR CRITERIA, TO SEMINOLE STATE COLLEGE STUDENTS FOR THE YEAR ENDED JUNE 30, 2025. THE FOUNDATION AWARDED 1,492 SCHOLARSHIPS TO STUDENTS IN FISCAL YEAR 2025. THE AVERAGE SCHOLARSHIP AWARD WAS $846. 1269609 1197340 297291 PROVIDE FINANCIAL SUPPORT TO SEMINOLE STATE COLLEGE FOR MANY ACADEMIC UNITS, INCLUDING FINE AND PERFORMING ARTS, HONORS, SMALL BUSINESS SERVICES,NURSING, AUTOMOTIVE, CONSTRUCTION PROGRAM, ATHLETICS, SCIENCES, PUBLIC SAFETY, STUDENT SERVICES AND MANY OTHERS. 587027 587027 PROVIDE GRANTS TO SEMINOLE STATE COLLEGE TO SUPPORT FACULTY THROUGH ENDOWED TEACHING CHAIRS, MINI-GRANT AWARDS, STAFF DEVELOPMENT AND PERSONNEL COSTS FOR NURSING PROFESSORS AND FOR ADVISORS FOR FIRST TIME IN COLLEGE STUDENTS. 3182362 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 38 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X X SEAN BARTH 4077084570 1055 AAA DRIVE HEATHROW FL 32746 ALY BENITEZ DIRECTOR 1.00 X 0 0 0 CARRALYCE BUFORD DIRECTOR 1.00 X 0 0 0 LARRY CAMPBELL TREASURER 1.00 X X 0 0 0 DAN DONOVAN VICE CHAIR 1.00 X X 0 0 0 JAQUIE DUA DIRECTOR 1.00 X 0 0 0 DOMINIC GUNDACKER DIRECTOR 1.00 X 0 0 0 CATALINA HOYOS-NIPE DIRECTOR 1.00 X 0 0 0 JENNIFER JAMES DIRECTOR 1.00 X 0 0 0 TRICIA JOHNSON DIRECTOR 1.00 X 0 0 0 LARRY MEADOR DIRECTOR 1.00 X 0 0 0 KRISTY MOIST PAST CHAIR 1.00 X X 0 0 0 MICHAEL MORGAN CHAIR 1.00 X X 0 0 0 JOSH MURDOCK DIRECTOR 1.00 X 0 0 0 BENJAMIN NEWMAN DIRECTOR 1.00 X 0 0 0 OLIVER PINNOCK DIRECTOR 1.00 X 0 0 0 KEITH RAYMOND DIRECTOR 1.00 X 0 0 0 REBECCA RHODEN DIRECTOR 1.00 X 0 0 0 CAITLIN SARAFIAN DIRECTOR 1.00 X 0 0 0 TIMOTHY SLATTERY DIRECTOR 1.00 X 0 0 0 NYEA STURMAN DIRECTOR 1.00 X 0 0 0 ROBERT UTSEY DIRECTOR 1.00 X 0 0 0 PARDEEP VEDI DIRECTOR 1.00 X 0 0 0 JEFF VILLANUEVA DIRECTOR 1.00 X 0 0 0 TOM WANNEN DIRECTOR 1.00 X 0 0 0 LIZZETTE ALVAREZ DIRECTOR 1.00 X 0 0 0 SARAH ASMA DIRECTOR 1.00 X 0 0 0 MAGGIE CHAFFIN DIRECTOR 1.00 X 0 0 0 KEVIN DOUGHERTY DIRECTOR 1.00 X 0 0 0 JOHN GERHOLD DIRECTOR 1.00 X 0 0 0 ERIC JIMENEZ DIRECTOR 1.00 X 0 0 0 ASHLEY NAVARRO DIRECTOR 1.00 X 0 132368 35206 ROB ROSEN SECRETARY 1.00 X X 0 0 0 TIM SMITH DIRECTOR 1.00 X 0 0 0 EVELYN CARDENAS DIRECTOR THRU DEC 24 1.00 X 0 0 0 JENNIFER DAVID DIRECTOR THRU SEPT 24 1.00 X 0 0 0 SHERYL MAYS DIRECTOR THRU JUN 24 1.00 X 0 0 0 KAREN SWEAT DIRECTOR THRU DEC 24 1.00 X 0 0 0 NANCY NGUYEN DIRECTOR THRU JUN 24 1.00 X 0 0 0 KENNETH ROSENFIELD DIRECTOR THRU JUN 24 1.00 X 0 0 0 NANCY CHAPDELAINE DIRECTOR 1.00 X 0 0 0 SUSAN DOLAN DIRECTOR 1.00 X 0 0 0 JOHN GYLLIN EXECUTIVE DIRECTOR 40.00 X 0 174609 31477 0 306977 66683 0 0 1 0 0 423486 268009 2620303 42700 3311798 PROGRAM REVENUE 611710 297291 297291 297291 1201530 1201530 6216230 5709628 506602 506602 506602 170345 423486 215383 -45038 -45038 15675 0 15675 15675 5287858 297291 0 1678769 1784367 1784367 1325726 1325726 27075 27075 108090 108090 145027 145027 21437 21437 6061 6061 29462 29462 8471 8471 112801 112801 4775 4775 MATERIALS AND SUPPLIES 72269 72269 PUBLIC REL/COMMUNIT SUP 52334 52334 MEMBERSHIP DUES 48940 48940 MISCELLANEOUS 6841 6841 30062 30062 3783738 3182362 601376 0 6627705 7378595 1722255 1334525 1472171 1472171 1472171 31795222 34946394 9389 0 41626742 45131685 6264 6310 293196 294844 299460 301154 X 0 0 0 0 41327282 44830531 41327282 44830531 41626742 45131685 X 1504120 1999129 0 X 0 1 X 1 0 X 2036538 1746010 2158407 5962084 3311798 15214837 583814 600462 665341 795914 770955 3416486 2620352 2346472 2823748 6757998 4082753 18631323 2856591 15774732 523167 573172 879835 1075984 1201530 4253688 295744 337707 371322 126760 186020 1317553 24202564 1887858 0.65180 0.64570 X PART II, LINE 10 - OTHER INCOME DETAIL SPECIAL EVENT REVENUE $ 1,234,248 GAMING $ 72,350 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 108090 108090 0 PART II-B, LINE 1: HIRED LOBBYIST FIRM TO PRESENT SEMINOLE STATE COLLEGE'S NEEDS TO STATE GOVERNMENT LEADERS. 28846078 3540433 2334558 2929309 336832 359127 31095801 22780163 5315026 2276094 2476079 -1252482 301608 28846078 25868455 1833640 1621103 2415831 3878122 249082 22780163 29078522 1488853 -2513150 1175550 679272 330948 25868455 19378304 198407 5166612 461647 47987 357615 23876074 0.51840 0.48160 0 0 1472171 1472171 1472171 DUE TO RELATED PARTY 264593 ASSETS HELD FOR COLLEGE CLUBS 30251 294844 X 7959707 1999129 770955 46792 2816876 5142831 145027 145027 5287858 4456458 770955 46792 817747 3638711 145027 145027 3783738 PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS FOR STUDENTS, ENDOWED TEACHING CHAIRS FOR OUTSTANDING FACULTY AND TO PROVIDE EDUCATIONAL PROGRAM SUPPORT IN AREAS SPECIFIED BY DONORS. PART X, LINE 2: INCOME TAXES THE FOUNDATION IS A NON-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE IRC AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES IN ACCORDANCE WITH SECTION 509(A) OF THE IRC. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE REQUIREMENTS FOR THE RECOGNITION OF INCOME TAXES IN FINANCIAL STATEMENTS, AND THE AMOUNTS RECOGNIZED ARE AFFECTED BY INCOME TAX POSITIONS TAKEN BY THE FOUNDATION IN ITS TAX RETURNS. THE FOUNDATIONS STATUS AS AN EXEMPT ORGANIZATION IS DEFINED AS AN INCOME TAX POSITION UNDER THESE REQUIREMENTS. WHILE MANAGEMENT BELIEVES IT HAS COMPLIED WITH THE IRC, THE SUSTAINABILITY OF SOME INCOME TAX POSITIONS TAKEN BY THE FOUNDATION IN ITS TAX RETURNS MAY BE UNCERTAIN. THERE ARE MINIMUM THRESHOLDS OF LIKELIHOOD THAT UNCERTAIN TAX POSITIONS ARE REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE THAT THE FOUNDATION HAS ANY MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2025. IN THE EVENT INTEREST AND PENALTIES WERE DUE RELATING TO AN UNSUSTAINABLE TAX POSITION, THEY WOULD BE TREATED AS A COMPONENT OF INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL FUNDRAISING EVENT EXPENSES 46,792. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL FUNDRAISING EVENT EXPENSES 46,792. PART V, LINE 1B & LINE 1E THE ORGANIZATION PREVIOUSLY NETTED PROGRAM REVENUE AND TRANSFERS TO ENDOWMENT AGAINST OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS ON PART V, LINE 1E. FOR 6/30/25 AND FORWARD, THOSE ADDITIONS TO ENDOWMENT FUNDS WILL BE REPORTED ALONG WITH CONTRIBUTIONS ON LINE 1B. DREAM GALA 545249 384729 160520 45825 11147 64434 73755 DREAM CUP 48582 38757 9825 711 5440 4513 9558 593831 423486 170345 46536 16587 68947 83313 215383 -45038 0 0 0 0 15675 0 15675 15675 FL 1 0 0 0 1.00000 SEAN BARTH 1055 AAA DRIVE HEATHROW FL 32746 0 0 1 SEMINOLE STATE COLLEGE OF FLORIDA 100 WELDON BLVD SANFORD FL 32773 591210158 GOVT 1741667 42700 FMV GROUNDS/OTHER SEE PART IV 1 0 SCHOLARSHIPS 1492 1325726 PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE FOUNDATION PROVIDES ASSISTANCE TO SEMINOLE STATE COLLEGE FOR STUDENTS, FACULTY ENDOWED TEACHING CHAIRS, EDUCATIONAL MATERIALS, AND PROGRAM SUPPORT. (1) FOR STUDENT SCHOLARSHIPS, STUDENTS MUST SATISFY THE SCHOLARSHIP-SPECIFIC CRITERIA OF DONORS. NEED-BASED SCHOLARSHIPS REQUIRE THE STUDENTS TO COMPLETE THE FAFSA. OTHER QUALIFICATIONS ARE ALSO CONSIDERED SUCH AS GPA, ESSAYS, AND FACULTY RECOMMENDATIONS. THE FOUNDATION TRACKS THE NAME OF THE STUDENT WITH EACH AWARD AMOUNT. STUDENTS APPLY ONLINE FOR SCHOLARSHIPS FOR EACH OF THE FALL, SPRING AND SUMMER SEMESTERS. APPLICATIONS ARE REVIEWED AND RANKED BY VARIOUS ASSESSORS, INCLUDING FOUNDATION STAFF, FINANCIAL AID, STUDENT DEVELOPMENT SERVICES, FOUNDATION BOARD MEMBERS, AND MANY VARIOUS ACADEMIC PROGRAM STAFF. STUDENTS ARE PLACED INTO CONSIDERATION FOR ANY SCHOLARSHIP THEY SELECT AND FOR WHICH THE SYSTEM HAS DETERMINED THEY MEET SPECIFIC DONOR CRITERIA. FINANCIAL AID WILL CREDIT STUDENTS' ACCOUNTS AND INVOICES ARE SENT BY THE COLLEGE TO THE FOUNDATION FOR PAYMENT. THE FOUNDATION VERIFIES THE INVOICE AGAINST ITS OWN INTERNAL TRACKING SCHEDULE BEFORE REMITTING PAYMENT. (2)ENDOWED TEACHING CHAIR AWARDS SERVE TO REWARD EXCELLENCE IN THE CLASSROOM. FULL-TIME FACULTY WHO HAVE 2+ YEARS OF TEACHING EXPERIENCE ARE ELIGIBLE TO RECEIVE ETC AWARDS. APPLICANTS ARE NOMINATED BY FELLOW FACULTY AND STAFF AND ALL ELIGIBLE NOMINEES ARE VETTED BY A COMMITTEE OF FELLOW FACULTY AND STAFF FROM MULTIPLE AREAS WITHIN THE COLLEGE. THE SCREENING COMMITTEE NARROWS THE SELECTION BASED ON CRITERIA, INCLUDING NOMINEE RESUMES AND THEIR PERSONAL TEACHING APPROACH, CLASSROOM OBSERVATIONS, FACULTY AND STUDENT SURVEYS. FINAL HONOREES ARE CHOSEN BY THE FOUNDATION BOARD OF DIRECTORS AFTER A REVIEW OF THE COLLECTED MATERIALS OF THE FINALISTS AND PERSONAL INTERVIEWS. ENDOWED TEACHING CHAIR FUNDS ARE ALSO PROVIDED FOR MISSION-RELATED TRAVEL FOR QUALIFIED FACULTY, AS APPROVED BY THE VP, ACADEMIC SERVICES, FOR ADJUNCT FACULTY EXCELLENCE AWARDS, AND FOR STIPENDS TO ADJUNCTS UPON COMPLETION OF SPECIALIZED TRAINING COURSES. (3)THERE ARE MANY TEMPORARILY RESTRICTED FUNDS HELD BY THE FOUNDATION THAT ARE AVAILABLE FOR VARIOUS ACADEMIC PROGRAMS. THE PROGRAM MANAGER (OR CHAIR, DIRECTOR, OR DEAN FOR THE PARTICULAR PROGRAM) IS AUTHORIZED TO UTILIZE THESE FUNDS (WITH VICE PRESIDENT APPROVAL FOR AMOUNTS OF $1,000 OR MORE) TO PURCHASE CLASSROOM MATERIALS, HAVE STAFF AND FACULTY ENHANCE THEIR JOB SKILLS, OR INCUR SIMILAR EXPENSE TO ENHANCE THE LEARNING EXPERIENCE OF THE STUDENT. PART IV, ADDITIONAL INFORMATION PART II, LINE 1, COLUMN (H): TO PROVIDE ASSISTANCE TO SEMINOLE STATE COLLEGE FOR STUDENTS, ENDOWED TEACHING CHAIRS, AND EDUCATIONAL MATERIALS AND PROGRAM SUPPORT. 0 0 0 0 0 0 0 0 0 JOHN GYLLIN EXECUTIVE DIRECTOR 0 167709 0 1500 0 5400 0 21022 0 10455 0 206086 0 0 ASHLEY NAVARRO DIRECTOR 0 131768 0 600 0 0 0 18042 0 17164 0 167574 0 0 X RENOVATIONS 1 25000 FAIR MARKET VALUE X A/C EQUIPMENT 1 17400 FAIR MARKET VALUE X YOGA MATS 30 300 FAIR MARKET VALUE 0 0 1 0 SCHEDULE M - SUPPLEMENTAL INFORMATION THE NUMBER OF CONTRIBUTIONS IS BEING REPORTED IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, LINE 11- ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE DRAFT FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW AND COMMENTS VIA CONFERENCE CALL OR IN-PERSON BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT EACH YEAR AT THE ANNUAL MEETING. THE EXECUTIVE ASSISTANT FOR THE FOUNDATION FOLLOWS UP WITH MEMBERS WHO DO NOT RESPOND BY THE REQUESTED TIME PERIOD. MEMBERS ARE REMINDED AT MEETINGS TO ABSTAIN FROM VOTING IF THERE IS A POTENTIAL CONFLICT OF INTEREST AND TO VERBALLY STATE THAT THEY ARE ABSTAINING. ANY KNOWN CONFLICTS ARE DISCUSSED AND VERBALIZED PRIOR TO DECISION-MAKING ACTIONS. FORM 990, PART VI, SECTION B, LINE 15A ALL OF THE FOUNDATION STAFF ARE ACTUALLY EMPLOYEES OF SEMINOLE STATE COLLEGE. THE FOUNDATION LEGAL ENTITY HAS NO EMPLOYEES. THE COLLEGE FOLLOWS THIS PROCESS FOR DETERMINING THE CEO COMPENSATION AS OF JULY 20, 2004. THE STATE BOARD OF EDUCATION ADMINISTRATIVE RULE 6A-14 041 AUTHORIZES THE BOARD OF TRUSTEES AT EACH COLLEGE IN THE FLORIDA COLLEGE SYSTEM TO PRESCRIBE CONTRACT FORMS FOR EMPLOYEES AT THEIR RESPECTIVE INSTITUTIONS. EFFECTIVE JULY 1, 2006, THE SEMINOLE STATE COLLEGE BOARD OF TRUSTEES APPROVED THE FORM CONTRACT OF EMPLOYMENT FOR PROFESSIONAL AND ADMINISTRATIVE PERSONNEL TO BE USED AS THE STANDARD FOR THE CEO POSITION.IN JAN 2008, THE SEMINOLE STATE COLLEGE BOARD OF TRUSTEES APPROVED ARE VISION TO THIS FORM, TO BE EFFECTIVE JANUARY 1, 2008. ALL CONTRACTS ARE APPROVED EACH YEAR BY THE BOARD OF TRUSTEES. THE PROCESS FOR DETERMINING THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS ONCE A YEAR. THE PRESIDENT SHALL RECOMMEND SALARY SCHEDULES TO THE BOARD OF TRUSTEES FOR ITS APPROVAL. THE FOLLOWING SALARY CONDITIONS APPLY FOR STAFF PERSONNEL SALARIES. THE COLLEGE SHALL CONSIDER SALARIES PAID IN THE COMMUNITY AND OTHER INSTITUTIONS FOR WORK REQUIRING LIKE RESPONSIBILITY, SKILL, ABILITY, EXPERIENCE, AND AUTHORITY. THE COLLEGE FOLLOWS A CONSISTENT POLICY FOR COMPENSATION. LISTED BELOW IS AN EXCERPT FROM THE OFFICIAL POLICY AND IT IS FURTHER DETAILED IN THE ANNUAL COLLEGE SALARY SCHEDULE POSTED ON ITS WEBSITE AND APPROVED BY THE COLLEGE BOARD OF TRUSTEES EACH YEAR, WITH THE ANNUAL 2024-2025 SALARY APPROVED MARCH 15, 2025, EFFECTIVE JANUARY 1, 2025. THIS SCHEDULE IS MADE AVAILABLE TO ALL COLLEGE EMPLOYEES CREDITABLE EXPERIENCE FOR FULL TIME PROFESSIONALS AND ADMINISTRATORS. THE ASSOCIATE VICE-PRESIDENT OF HUMAN RESOURCES MAY RECOMMEND TO THE PRESIDENT A SALARY BETWEEN THE MINIMUM AND MIDPOINT OF THE ESTABLISHED RANGE FOR PROFESSIONAL AND ADMINISTRATIVE EMPLOYEES. FACTORS AFFECTING THE RECOMMENDED SALARY MAY INCLUDE EXPERIENCE, QUALIFICATIONS, MARKET CONDITIONS, INTERNAL EQUITY, ETC. FORM 990, PART VI, SECTION C, LINE 19 PAPER AND ELECTRONIC COPIES OF THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 IS MAINTAINED IN THE FOUNDATION FINANCE OFFICE FOR PUBLIC VIEWING AND AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 - FORM 990, PART XI, LINE 9 ADDITIONAL FUNDRAISING EVENT EXPENSES $ 46,791 ADDITIONAL FUNDRAISING EVENT EXPENSES $ -46,791 SEMINOLE STATE COLLEGE OF FLORIDA 100 WELDON BLVD SANFORD FL 32773 591210158 EDUCATION FL GOVT N/A 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 SEMINOLE STATE COLLEGE OF FLORIDA B 3110093 CASH SEMINOLE STATE COLLEGE OF FLORIDA N 67834 IN-KIND (CASH VALUE) SEMINOLE STATE COLLEGE OF FLORIDA O 703121 IN-KIND (CASH VALUE)