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.
Financial Overview
From 2024 IRS Form 990-PF · 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
About Lake-sumter State College
Based on IRS filings
Lake-sumter State College is a nonprofit organization 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 grants totaling $674K. Net investment income was $3.3M.
Focus Areas
Ready to take the next step with Lake-sumter State College?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,279,509 | $1,189,736 | $1,387,682 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
3 open opportunities from Lake-sumter State College
Duke Energy Foundation Grant - Energy Utility Institute
LAKE-SUMTER STATE COLLEGE
Amount
$115,000
Deadline
Rolling / Open
National Endowment for the Arts (NEA) Grant - George O. Pringle Performing Arts Series
LAKE-SUMTER STATE COLLEGE
Amount
$10,000
Deadline
Rolling / Open
Upward Bound (TRiO Program)
LAKE-SUMTER STATE COLLEGE
Amount
$1,300,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lake Sumter State College ($673,870).
| Recipient | Purpose | Amount |
|---|---|---|
| LAKE SUMTER STATE COLLEGE LEESBURG, FL | PROGRAM SUPPORT | $673,870 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR HEATHER BIGARD | LSSC PRES THRU 8/30/24 | 2 | — |
| LORI DAVIS | BOARD MEMBER | 2 | — |
| GRANT GANNAWAY | BOARD MEMBER | 2 | — |
| JOSH GONZALES | PRESIDENT - ELECT | 2 | — |
| SHAYNA GRUNEWALD | BOARD MEMBER | 2 | — |
| ANGIE LANGLEY | BOARD MEMBER | 2 | — |
| KIMBERLY LARGEY | BOARD MEMBER | 2 | — |
| CHRISTOPHER LEIBNER | FACULTY LIAISON THRU 8/21/24 | 2 | — |
| JENNIFER MENDEZ | BOARD MEMBER | 2 | — |
| MICHELLE MICHNOFF | PRESIDENT | 2 | — |
| SHERI OLSON | BOARD MEMBER | 2 | — |
| SHAHANAZ RAHAMAN | BOARD MEMBER | 2 | — |
| LESLIE ROTARIUS | VICE PRESIDENT | 2 | — |
| CARL SPECCI | BOARD MEMBER | 2 | — |
| SARAH UHRIK | TREASURER | 2 | — |
| DANIEL WHITEHOUSE | BOARD MEMBER | 2 | — |
| SYBIL BROWN | FACULTY LIAISON FROM 8/13/24 | 2 | — |
| ALISE MORRIS | BOARD MEMBER | 2 | — |
| JEFF POWELL | BOARD MEMBER | 2 | — |
| MEGAN ROBINSON | BOARD MEMBER | 2 | — |
| JESSICA WHITEHOUSE | BOARD MEMBER | 2 | — |
| JENNA EMERSON | BOARD MEMBER | 2 | — |
| DAVID HIDALGO | TRUSTEE LIAISON | 2 | — |
| DR LAURA BYRD | INTERIM LSSC PRES /EXEC DIRECTOR/SEC | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lake-sumter State College?
Lake-sumter State College is a nonprofit organization focused on Education, based in LEESBURG, FL. It holds $34.9M in total assets as of 2024.
How large is Lake-sumter State College?
As of 2024, Lake-sumter State College holds $34.9M in total assets with $5.5M in annual revenue. It awarded 1 grants totaling $674K in 2024.
Where does Lake-sumter State College operate?
Lake-sumter State College has awarded grants in Florida.
What size grants does Lake-sumter State College award?
In 2024, Lake-sumter State College awarded 1 grants totaling $674K — an average of about $674K per grant, based on its IRS Form 990 filings.
What is Lake-sumter State College's EIN?
Lake-sumter State College's EIN (Employer Identification Number) is 59-1990323. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lake-sumter State College's focus areas in our free grants database
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