Gulf Coast Community Foundation Inc logo

Gulf Coast Community Foundation Inc

VENICE, FL EIN: 59-1052433 Website

Gulf Coast Community Foundation is a public charity and community foundation headquartered in Venice, Florida, with a second office in downtown Sarasota. Established in 1995 with proceeds from the sale of The Venice Hospital—a community hospital founded by local citizens more than four decades earlier—the foundation operates as an endowed organization designed to serve the region in perpetuity. The foundation functions as a collection of charitable funds created by individuals, families, organizations, and corporations to support causes in the region and beyond.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$482.8M

+8.8% YoY

Annual Giving

$40.6M

+12.0% YoY

Grant Count

541

+5.0% YoY

Avg Grant Size

$75K

+6.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: "Together with our donors, we transform our region through bold and proactive philanthropy."

The foundation's core values include authenticity, curiosity, collaboration, grit, and a trailblazing spirit. Gulf Coast Community Foundation identifies priority issues through quantitative and qualitative research, creates and funds catalytic community initiatives targeting those priorities, and connects donors to these initiatives.

Primary funding areas include:

  • Health and Human Services
  • Education
  • Civic & Economic Development
  • Arts & Culture
  • Environment
  • Disaster Response

The foundation also operates specialized initiatives including the Empowering Arts Grant Program, Sarasota Housing Action Plan, and Rapid Response Fund for disaster relief.

Grantmaking

Grant Range

** $5,022 to $6,412,277 in typical awards

How to Apply

** First-time applicants are encouraged to contact communityleadership@gulfcoastcf.org for guidance prior to completing an application. The foundation uses grantinterface.com as its Grants Lifecycle Management platform for submissions.

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Geographic Focus

Where this funder awards grants

The foundation serves Sarasota County, Charlotte County, DeSoto County, Boca Grande, Lakewood Ranch, and Longboat Key in Florida. While primarily focused on the Gulf Coast region of Florida, the foundation also supports charitable work in New York and Pennsylvania through its donor-advised funds.

Grant Distribution by State

42states
+34 more states

Cities

AkronAlexandriaAllenAllentownAlmaAlpharettaAmericusApple CreekArcadiaArlingtonArmoreAshevilleAtlantaAuburnAustinAve MariaAvonBala CynwydBaltimoreBarrington

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $482.8 million
  • Total Revenue: $54.4 million
  • Total Expenses: $55.6 million
  • Total Liabilities: $30.8 million
  • Annual Giving: $45 million

The foundation maintains a donor-advised fund structure and operates as a tax-exempt 501(c)(3) organization since July 1966.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32M$63M$95M$126M20202021202220232024
Metric202420232022
Total Assets$482,820,352$443,953,807$411,069,499
Revenue$54,435,281$51,082,837$79,396,677
Expenses$55,630,111$50,505,292$50,084,573
Qualifying Distributions
Net Investment Income$14,284,357$3,180,698$18,589,817
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$12M$25M$37M$50M484 grants2020511 grants2021507 grants2022515 grants2023541 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALL FAITHS FOOD BANK INC$691KASOLO THEATER INC$421KACADEMY AT GLENGARY INC$180KAMERICAN JEWISH COMMITTE…$123KALL FAITHS FOOD BANK FOU…$100KARCHITECTURE SARASOTA$98KALL STAR CHILDREN'S FOUN…$95KALSO YOUTH$77KAMERICAN FRIENDS OF MAGE…$70KANTI-DEFAMATION LEAGUE$66K

Grant Size Distribution

250 grants across all recorded years

203<$50K22$50–100K11$100–250K6$250–500K6$500K–1M2$1–5M$5M+

Open Grants

8 open opportunities from Gulf Coast Community Foundation Inc

Show all 8 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation employs 37 staff members. Key leadership includes:

  • Kelly Carlstein: Vice President Brand Strategy
  • Raymunda Barnes: Member Board of Directors

Compensation Overview

From 2024 IRS filing

PHILLIP P LANHAMPRESIDENT/CEO$253KJON THAXTONSENIOR VP FOR COMMUNITY IN$250KCHRIS STOBAUGHCFO$234KMARK PRITCHETTFORMER PRESIDENT/CEO$196KKIRSTIN FULKERSONFORMER SVP OF PHILANTHROPY$193KVERONICA THAMESFORMER COO$178KKELLY CARLSTEINVP OF BRAND STRATEGY$130KKRISTIN PRINCESECRETARY$64K

From 2024 filing

NameTitleHoursCompensation
PHILLIP P LANHAMPRESIDENT/CEO50$252,586
CHRIS STOBAUGHCFO50$234,491
KRISTIN PRINCESECRETARY40$64,388
KELLY CARLSTEINVP OF BRAND STRATEGY1$129,531
JOE CARTERVP FOR PHILANTHROPY (FROM 6/24)50
JON THAXTONSENIOR VP FOR COMMUNITY IN50$250,134
MARK PRITCHETTFORMER PRESIDENT/CEO50$196,104
VERONICA THAMESFORMER COO40$177,539
KIRSTIN FULKERSONFORMER SVP OF PHILANTHROPY40$192,745
DAVE SESSIONSCHAIR1
ANAND PALLEGARVICE CHAIR1
ANNE ESSNERDIRECTOR1
PING FAULHABERDIRECTOR1
ROSE-ANNE FRANODIRECTOR1
JOHN GIGLIODIRECTOR1
DAVID GREENDIRECTOR1
ROD HERSHBERGERDIRECTOR1
KEITH JOHNSONDIRECTOR1
FRANK MARTUCCIDIRECTOR1
PETE PETERSENDIRECTOR1
PETER SODERBERGDIRECTOR1
SUSAN SOFIADIRECTOR1
TRACY KNIGHTDIRECTOR1

Recent News & Activity

Recent developments and announcements

The foundation has surpassed $625 million in total grants awarded since its inception. Recent grant recipients have included:

Gulf Coast Community Foundation surpasses $625M in awarded grants - Town

Embracing Our Differences (Empowering Arts Grant)

The foundation continues to expand its community impact initiatives and maintains active grantmaking across its priority focus areas.

Gulf Coast Community Foundation surpasses $625M in awarded grants - Town

Subject 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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