Community Foundation of Tampa Bay Inc
Community Foundation of Tampa Bay Inc. is a public charity and community foundation based in Tampa, Florida. Established in 1989 and tax-exempt since May 1990, the organization serves as a philanthropic vehicle that works with individuals, corporations, private foundations, and nonprofit agencies to support charitable needs across the Tampa Bay area. The foundation administers endowments and donor-advised funds, enabling residents and organizations to make positive community impact.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$879.2M
+32.4% YoY
Annual Giving
$30.7M
+15.4% YoY
Grant Count
566
+15.7% YoY
Avg Grant Size
$54K
-0.3% YoY
Mission & Focus Areas
Mission: Building a vibrant, prosperous community through transformative vision, leadership, and philanthropy.
The foundation's primary program involves administering endowments and donor-advised funds to support religious, charitable, scientific, literary, and educational purposes primarily in and for the benefit of the Tampa Bay community.
Key Focus Areas:
- Education
- Human Services
- Philanthropy and Voluntarism & Grantmaking
The foundation also operates a Critical Needs List to address unexpected needs in the community, defined as unbudgeted, unforeseen, and time-sensitive issues that significantly interfere with a nonprofit's ability to provide crucial services or present an imminent threat to organizational operations.
Additionally, the foundation cultivates and supports cross-sector networks using collective impact models to build high-trust relationships among partners in government, business, philanthropy, and education.
Grantmaking
The foundation awarded over $2.2 million in grants to nonprofits across the region in recent grant cycles.
Grant Range
s:** Typical awards range from $5,001 to $5,000,000.
Review Cycle
.
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Geographic Focus
Where this funder awards grants
The foundation primarily serves the Tampa Bay area and surrounding communities in Florida, though giving also extends to New York and Georgia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $879.2 million (as of 2024)
Annual Revenue: $203.6 million (2024)
Total Expenses: $38.6 million (2024)
Total Liabilities: $62 million (2023)
Historical Asset Growth:
- 2020: $288.0 million
- 2019: $278.0 million
- 2018: $253.0 million
- 2017: $224.0 million
Historical Domestic Grants:
- 2020: $20.6 million
- 2019: $20.2 million
- 2018: $14.8 million
Staff: 34 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $879,240,557 | $663,874,004 | $499,126,043 |
| Revenue | $203,636,714 | $160,041,596 | $263,193,049 |
| Expenses | $38,618,535 | $34,017,854 | $75,575,458 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $32,044,398 | $18,508,018 | $17,167,528 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
5 open opportunities from Community Foundation of Tampa Bay Inc
CFTB: Annual Competitive Grants
COMMUNITY FOUNDATION OF TAMPA BAY INC
Amount
US $10,000 - US $50,000
Deadline
Rolling / Open
CFTB: Student Scholarships Grant
COMMUNITY FOUNDATION OF TAMPA BAY INC
Amount
Varies
Deadline
Rolling / Open
Critical Needs List Grant
COMMUNITY FOUNDATION OF TAMPA BAY INC
Amount
Up to US $250,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President & CEO: Marlene M Spalten
Fundraising Contact: Wilma Norton, (813) 609-4858
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OSCAR J HORTON | CHAIR | 10 | — |
| MICHAEL M STARKEY | PAST CHAIR | 2 | — |
| LINDA O SIMMONS | SECRETARY | 1 | — |
| MILES S CAPRON | TRUSTEE | 1 | — |
| RONALD L CIGANEK | TRUSTEE | 1 | — |
| PATRICIA DOUGLAS | TRUSTEE | 1 | — |
| ANDY HAFER | TRUSTEE | 1 | — |
| THOMAS F KENNEDY | TRUSTEE | 1 | — |
| KAREN B LANESE | TRUSTEE | 1 | — |
| CHRISTOPHER C LYKES | TRUSTEE | 1 | — |
| SAREET MAJUMDAR | TRUSTEE | 1 | — |
| ANDRES PRIDA | TRUSTEE | 1 | — |
| SUSAN TOUCHTON | TRUSTEE | 1 | — |
| KAY ANNIS WILSON | TRUSTEE | 1 | — |
| KEVIN SNEED | TRUSTEE | 1 | — |
| MARK SENA | TRUSTEE | 1 | — |
| DICK DOBKIN | TRUSTEE | 1 | — |
| MARLENE M SPALTEN | PRESIDENT/CEO | 60 | $402,228 |
| KORY BURKLEY | VP - CFO | 50 | $173,516 |
| SHEILA KINMAN | VP - PHILANTHROPY | 50 | $213,793 |
| JESSE CORAGGIO | VP - COMMUNITY IMPACT | 50 | $137,555 |
| BERKELY SPAIN | CONTROLLER | 50 | $116,734 |
| WILMA NORTON | VP - COMMUNITY CONNECTIONS | 50 | $115,123 |
| KATHLEEN SHULTZ | COMMUNITY ADVOCATE | 50 | $115,997 |
Recent News & Activity
Recent developments and announcements
The foundation reached a significant $1 billion milestone at its 35th anniversary, reflecting decades of community investment and growth.
Community Foundation Tampa Bay Awards Over $2.2 Million to NonprofitsThe foundation recently became the "backbone organization" for Thrive by Five Pinellas, a nonprofit focused on early childhood development, demonstrating its commitment to cross-sector collaboration and emerging community priorities.
Community Foundation Tampa Bay Awards Over $2.2 Million to NonprofitsSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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