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.
Key facts about Lake-Sumter State College Foundation Inc
In short: Lake-Sumter State College Foundation Inc gave $674K across 1 grant in 2024 (avg $674K), mostly in Florida. Source: 2024 IRS Form 990.
- EIN
- 59-1990323
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $673,870
- Grants made (2024)
- 1
- Average grant
- $673,870
- Median grant
- $673,870
- Total assets
- $34,929,156
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$34.9M
+13.2% YoY
Annual Giving
$674K
-20.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$674K
-20.7% YoY
How Lake-Sumter State College Foundation Inc gives
- Giving grew 438% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Lake-Sumter State College Foundation Inc
Based on IRS filings
Lake-Sumter State College Foundation Inc is a public charity focused on Education, based in Leesburg, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.9M in total assets. In 2024, it awarded 1 grant totaling $674K. Net investment income was $3.3M.
Focus Areas
Open Grants
3 open opportunities from Lake-Sumter State College Foundation Inc
Duke Energy Foundation Grant - Energy Utility Institute
Lake-Sumter State College Foundation Inc
Amount
$115,000
Deadline
Rolling / Open
National Endowment for the Arts (NEA) Grant - George O. Pringle Performing Arts Series
Lake-Sumter State College Foundation Inc
Amount
$10,000
Deadline
Rolling / Open
Upward Bound (TRiO Program)
Lake-Sumter State College Foundation Inc
Amount
$1,300,000
Deadline
Rolling / Open
Ready to take the next step with Lake-Sumter State College Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $125K (2021) to $849K (2023). In 2024 it made 1 grant totaling $674K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Lake Sumter State College ($674K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 5 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lake Sumter State College Leesburg, FL | Program Support | $673,870 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,929,156 | $30,852,386 | $25,955,910 |
| Revenue | $5,518,258 | $4,073,247 | $3,506,837 |
| Expenses | $2,492,102 | $2,411,918 | $1,916,573 |
| Net Investment Income | $3,279,509 | $1,189,736 | $1,387,682 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 23, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 3, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Lake-Sumter State College Foundation Inc is led by Heather Bigard, Lssc President since 2023 (on filings since 2020); none of the 24 officers listed in 2024 report compensation.
Officers on the 2024 filing
Heather Bigard
Lssc President
Board Member → Lssc President F, 2022
Lssc President F → Lssc President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Laura Byrd
Interim Lssc President, Executive Director & Secretary
Executive Director → Interim Lssc President, Executive Director & Secretary, 2024
On filings since 2020
40 hrs/week
No compensation reported
Michelle Michnoff
President
Board Member → President El, 2023
President El → President, 2024
On filings since 2021
2 hrs/week
No compensation reported
David Hidalgo
Trustee Liaison
New on the 2024 filing
2 hrs/week
No compensation reported
Carl Specci
Board Member
President → Board Member, 2023
On filings since 2020
2 hrs/week
No compensation reported
Daniel Whitehouse
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Jenna Emerson
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Leslie Rotarius
Vice President
Board Member → Vice President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Lori Davis
Board Member
President → Past President, 2023
Past President → Board Member, 2024
On filings since 2020
2 hrs/week
No compensation reported
Sarah Uhrik
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Shahanaz Rahaman
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Sheri Olson
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Grant Gannaway
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Jennifer Mendez
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Josh Gonzales
President - Elect
Board Member → President - Elect, 2024
On filings since 2021
2 hrs/week
No compensation reported
Kimberly Largey
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Angie Langley
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Christopher Leibner
Faculty Liaison
Faculty Liai → Faculty Liaison, 2024
On filings since 2023
2 hrs/week
No compensation reported
Shayna Grunewald
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Alise Morris
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Jeff Powell
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Jessica Whitehouse
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Megan Robinson
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Sybil Brown
Faculty Liaison From
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (24)
- Former: Greg Morrell (2020–2023) — President
- Former: Marilyn Budzynski (2020–2023) — Board Member
- Former: Nancy Clutts (2020–2023) — Board Member
- Former: Michael Johnson (2021–2023) — Board Member
- Former: Timothy Morris (2022–2023) — Trustee Lias
- Former: Doug Childers (2023) — Board Member
- Former: John Christian (2023) — Board Member
- Former: David Langley (2020–2022) — Board Member
- Former: Karina Acevedo (2020–2022) — Board Member
- Former: Sandra Stephenson (2020–2022) — Vice President
- Former: Sheriff William Farmer (2020–2022) — Board Member
- Former: Stanley Sidor (2020–2022) — Lssc President
- Former: Alissa Sustarsic (2021–2022) — Faculty Liai
- Former: Michael Stimson (2022) — Board Member
- Former: Mike Stimson (2020–2021) — Board Member
- Former: Tim Morris (2020–2021) — Trustee Lias
- Former: Cathy Adrid (2020) — Board Member
- Former: Cynthia Nash (2020) — Faculty Liai
- Former: Dean Simmons (2020) — Board Member
- Former: Debbie Boggus (2020) — Vice President
- Former: Harry Hackney (2020) — Board Member
- Former: Jeffrey Glover (2020) — Board Member
- Former: Mary Beth Morris (2020) — Past President
- Former: Vicki Wynns (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Lake-Sumter State College Foundation Inc
How much does Lake-Sumter State College Foundation Inc give each year?
Lake-Sumter State College Foundation Inc gave $674K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $849K across 1 grant.
How large is Lake-Sumter State College Foundation Inc?
Lake-Sumter State College Foundation Inc reported $34.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.5M.
What is Lake-Sumter State College Foundation Inc?
Lake-Sumter State College Foundation Inc is a public charity focused on Education, based in Leesburg, FL. It holds $34.9M in total assets as of 2024.
Where does Lake-Sumter State College Foundation Inc operate?
Lake-Sumter State College Foundation Inc has awarded grants in Florida.
What is Lake-Sumter State College Foundation Inc's EIN?
Lake-Sumter State College Foundation Inc's EIN (Employer Identification Number) is 59-1990323. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Lake-Sumter State College Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Lake-Sumter State College Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Publix Super Markets Charities Inc
Lakeland, FL
Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for Northeast Florida Inc
Jacksonville, FL
The Community Foundation for Northeast Florida supports nonprofits and civic work in Duval, St. Johns, Nassau, Baker, Clay, and Putnam counties, with interests including neighborhoods, education, aging adults, arts, women and girls, young children, and early literacy. Its 2024 grants had a median of $5,000, though amounts varied widely; most donor-advised grants are not open to applications, but eligible nonprofits can apply through competitive programs when application windows are open.
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
Community Foundation of Tampa Bay Inc
Tampa, FL
The Community Foundation of Tampa Bay funds nonprofits addressing economic opportunity, environmental sustainability, health, education, and community vitality in Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Its annual competitive grants are typically $10,000–$50,000; it also accepts year-round requests for urgent, unforeseen needs of up to $250,000. Apply through the relevant grant opportunity; the profile does not state whether general unsolicited requests are accepted.
Assets
$1.0B
Grants
698
Total Given
$54.3M
Gulf Coast Community Foundation Inc
Venice, FL
Gulf Coast Community Foundation funds arts and culture, civic and economic development, education, the environment, health and human services, and disaster response, with a focus on its Florida service area. Community grants provide up to $25,000 per organization per fiscal year; larger catalytic grants are available, and 2025 grants had a median of $16,251. It accepts unsolicited requests through scheduled Community Grant cycles; catalytic grants start with a letter of inquiry, and initiative grants are by invitation only.
Assets
$533.7M
Grants
651
Total Given
$45.0M
Early Learning Coalition of Broward County Inc
Fort Lauderdale, FL
The Early Learning Coalition of Broward funds child care reimbursement and early-learning providers, including programs supporting child care and preschool, primarily in Broward County, Florida. Its 2025 grants ranged from $5,127 to $3,994,863, with a median of $158,921. The profile does not state whether it accepts unsolicited requests.
Assets
$15.9M
Grants
636
Total Given
$152.2M
Leslie L Alexander Foundation Inc
Delray Beach, FL
The Leslie L Alexander Foundation supports animal rescue, education, children’s services, and other charitable work. In 2024, grants ranged from $600 to $1 million, with a median of $35,000; giving was concentrated in Florida and Texas, with awards also made elsewhere. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$291.4M
Grants
622
Total Given
$28.4M
CSX Foundation Inc
Jacksonville, FL
Assets
$9.7M
Grants
607
Total Given
$13.7M
United Way Miami Inc
Miami, FL
United Way Miami funds education, economic mobility, health and wellbeing, and resilient-community programs, with its community focus in Miami-Dade County. Its 2025 grants ranged from $5,082 to $1,693,432, with a median of $18,410; published opportunities include selected awards of up to $153,000. It publishes specific grant opportunities and application details; whether it accepts unsolicited requests is not stated.
Assets
$157.2M
Grants
562
Total Given
$32.6M
The Community Foundation of Sarasota CO Inc
Sarasota, FL
The Community Foundation of Sarasota County funds nonprofits working in areas including human services, education, arts, health, economic stability, animal welfare, and community resilience. Its typical grants are around $10,000–$25,000, with a 2025 median of $18,798, for programs serving Sarasota, Manatee, Charlotte, or DeSoto County. The profile does not state whether it accepts unsolicited requests.
Assets
$518.5M
Grants
540
Total Given
$41.2M
Wayne M Densch Charities Inc
Orlando, FL
Assets
$19.2M
Grants
524
Total Given
$463K
John S and James L Knight Foundation
Miami, FL
Knight funds journalism, arts and culture, community development, and related work on information and economic mobility, primarily in 26 communities where the Knight brothers published newspapers, as well as nationally. In 2024, grants ranged from $2,500 to $5 million, with a median of $85,300. It does not accept unsolicited requests while its Letter of Inquiry process is paused; applicants can check for specific open calls.
Assets
$2.5B
Grants
513
Total Given
$147.7M
Truist Foundation Inc
Orlando, FL
The foundation funds nonprofit work that advances economic mobility and opportunity, especially workforce and career pathways, small-business support, and community development for low-to-moderate-income and disadvantaged people. Grants reach communities along the East Coast through Texas; the 2024 median grant was $25,000, though awards varied widely. It accepts unsolicited requests through an online application, with annual cycle deadlines of March 31, July 31, and November 30.
Assets
$547.9M
Grants
447
Total Given
$67.0M
More Funders in Florida
Lake-Sumter State College Foundation Inc down — hundreds of funders to go?