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Tsic Inc

FORT LAUDERDALE, FL EIN: 59-3331584 Website

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.4M

+4.2% YoY

Annual Giving

$5.0M

-0.2% YoY

Grant Count

45

+4.7% YoY

Avg Grant Size

$110K

-4.7% YoY

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

Mission & Focus Areas

Mission: Break the cycle of poverty through education.

TSIC's core focus is providing educational opportunity and support to low-income, academically qualified students in Florida. The organization defines low-income status as families living at or below 185% of the federal poverty guidelines. Their comprehensive services include:

  • College scholarships (full-tuition awards)
  • Volunteer mentorship programs
  • Academic support and guidance
  • Transition assistance from high school to college and career

The organization addresses the documented opportunity gap facing economically disadvantaged students, recognizing that only approximately 50% of low-income students enroll in college immediately after high school, significantly impacting lifetime earnings potential.

Grantmaking

TSIC makes grants to support mentoring programs and educational initiatives. Recent grant activity includes:

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Geographic Focus

Where this funder awards grants

TSIC operates statewide throughout Florida, working in every county across the state.

Grant Distribution by State

1states

States

Cities

Avon ParkBartowBradentonBrooksvilleBunnellClewistonDaytonaDaytona BeachDefuniak SpringsEastpointFort MeyersFort PierceFort Walton BeachGainesvilleImmokaleeInvernessJacksonvilleKey WestKissimmeeLake City

Financial History

Multi-year comparison from IRS filings

Fiscal Year 2024:

  • Total Revenue: $10,429,061
  • Total Expenses: $10,588,217
  • Total Assets: $7,391,147
  • Total Liabilities: $2,510,000
  • Staff: 21 employees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$7,391,147$7,091,071$7,431,299
Revenue$10,429,061$7,939,207$8,528,938
Expenses$10,588,217$8,637,047$8,388,213
Qualifying Distributions
Net Investment Income$35,936$23,740$115,407
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M44 grants202045 grants202143 grants202243 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PINELLAS EDUCATION FOUND…$463KCOLLEGE FOR KIDS$263KTAKE STOCK IN CHILDREN O…$211KGOODWILL INDUSTRIES OF N…$208KHILLSBOROUGH EDUCATION F…$198KBIG BROTHERS BIG SISTERS…$192KMONROE COUNTY EDUCATION …$189KVALENCIA COLLEGE FOUNDAT…$186KTHE EDUCATION FOUNDATION…$185KTAKE STOCK IN CHILDREN O…$164K

Grant Size Distribution

220 grants across all recorded years

51<$50K64$50–100K95$100–250K10$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pinellas Education Foundation ($463,495), College for Kids ($262,716), Take Stock in Children of Sarasota County ($210,574).

RecipientPurposeAmount
HENDRY COUNTY SCHOOL BOARD CLEWISTON, FLMENTORING$7,006
FRANKLIN COUNTY SCHOOL BOARD EASTPOINT, FLMENTORING$12,244
GOODWILL INDUSTRIES OF NORTH FLORIDA (SUWANNEE) JACKSONVILLE, FLMENTORING$25,068
HERNANDO COUNTY EDUCATION DIRECT SUPPORT ORGANIZATION INC BROOKSVILLE, FLMENTORING$29,796
BOYS AND GIRLS CLUB OF THE BIG BEND (GADSDEN) TALLAHASSEE, FLMENTORING$33,577
MADISON FOUNDATION FOR EXCELLENCE IN EDUCATION MADISON, FLMENTORING$35,429
WALTON COUNTY PUBLIC SCHOOLS FOUNDATION DEFUNIAK SPRINGS, FLMENTORING$35,468
COMMUNITIES IN SCHOOLS OF BRADFORD COUNTY FLORIDA STARKE, FLMENTORING$35,468
TAKE STOCK AND CHILDREN OF CITRUS COUNTY INC INVERNESS, FLMENTORING$37,359
YMCA OF FLORIDA FIRST COAST (CLAY) ORANGE PARK, FLMENTORING$46,813

Leadership & Key People

Leadership team and compensation from IRS filings

  • COO: John Locke
  • VP of Development: Beth Long

Compensation Overview

From 2024 IRS filing

JILLIAN HASNERPRESIDENT/CEO$248KJOHN LOCKECOMPTROLLER$124KCASEY FISHERDIRECTOR OF SCHOLARSHIP MA$122K

From 2024 filing

NameTitleHoursCompensation
JILLIAN HASNERPRESIDENT/CEO60$247,500
HUSEIN CUMBERDIRECTOR1
RYAN DUFFYDIRECTOR1
ETHAN FIELDMANDIRECTOR1
GUSTAVO GARCIADIRECTOR1
DEVERON GIBBONSDIRECTOR1
CINDY HELTONDIRECTOR1
FONTAINE LEMAISTRE IVDIRECTOR1
ERGETU MERETEDIRECTOR1
MATT MONTGOMERYDIRECTOR1
GREG BLACKDIRECTOR1
JARED M TORRESCHAIRMAN1
MICHAEL LEEDSDIRECTOR1
GLENTON GILZEAN JRDIRECTOR1
ROBERT RIGALDIRECTOR1
MARIA A SASTREDIRECTOR1
WILLIAM HALABY IIIDIRECTOR1
JOHN LOCKECOMPTROLLER40$124,173
CASEY FISHERDIRECTOR OF SCHOLARSHIP MA40$121,779

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Tsic Inc fund?

**Mission:** Break the cycle of poverty through education. TSIC's core focus is providing educational opportunity and support to low-income, academically qualified students in Florida. The organization defines low-income status as families living at or below 185% of the federal poverty guidelines. Their comprehensive services include: • College scholarships (full-tuition awards) • Volunteer mentorship programs • Academic support and guidance • Transition assistance from high school to college a…

How do I apply for a grant from Tsic Inc?

TSIC makes grants to support mentoring programs and educational initiatives. Recent grant activity includes: | Grantee | Purpose | Year | Amount | |---------|---------|------|--------| | Pinellas Education Foundation (PEF) | Mentoring | 2024 | $463,495 | | Take Stock in Children PBC | Mentoring | 2024 | $262,716 | | TSIC of Sarasota County | Mentoring | 2024 | $2,000+ |

Where does Tsic Inc make grants?

TSIC operates statewide throughout Florida, working in every county across the state.

What size grants does Tsic Inc award?

In 2024, Tsic Inc awarded 45 grants totaling $5.0M — an average of about $110K per grant, based on its IRS Form 990 filings.

What is Tsic Inc's EIN?

Tsic Inc's EIN (Employer Identification Number) is 59-3331584. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Tsic Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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