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Florida · Nonprofit

HILLSBOROUGH COLLEGE FOUNDATION INC

HILLSBOROUGH COLLEGE FOUNDATION INC (Florida) receives grants from 37 organizations whose IRS filings report $4,784,502 to it, the largest being SUNCOAST CREDIT UNION FOUNDATION ($856,012). 20 of them have funded it in more than one year.

Revenue FY2026
$11M
Funders on record
37
Grants received
$4.8M
Net assets
$28M
20/37 repeat funderspeak grant-dependency 11%
01What it does

What Hillsborough College Foundation Inc does

Mission

Secure and steward philanthropic support to enhance hillsborough college and the success of its students. At the hc foundation, we support hc in its mission to deliver affordable educational opportunities that help students become successful, productive citizens.

As stated on its FY2026 Form 990.

Programs

  1. Scholarships: assisted over 1,300 students during the fiscal year, the vast majority of whom have financial need.

    $1,561,846 spentof which $1,561,846 as grants
    17% of program spending
  2. Hawks landing: 420-bed student housing facility to enhance the student experience at hc and enhance learning.

    $3,384,075 spent$3,942,795 earned by the program
    36% of program spending
  3. Hc program support: provided support of students and faculty through launching new programs of study, creating food pantries for needy students, making grants to faculty and staff for curricular enhancement and new initiatives, and supporting college priorities and existing programs.

    $4,366,004 spentof which $4,296,004 as grants
    47% of program spending

The 3 programs described on its FY2026 Form 990, listed largest first by expense. Program spending in total: $9,311,925.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($5.6M) Expenses 100 ($5.1M) Net assets 100 ($9.8M)2018 Revenue 110 ($6.1M) Expenses 106 ($5.4M) Net assets 109 ($11M)2019 Revenue 164 ($9.1M) Expenses 113 ($5.8M) Net assets 133 ($13M)2020 Revenue 139 ($7.7M) Expenses 132 ($6.8M) Net assets 143 ($14M)2021 Revenue 157 ($8.7M) Expenses 128 ($6.5M) Net assets 176 ($17M)2022 Revenue 170 ($9.4M) Expenses 138 ($7.1M) Net assets 173 ($17M)2023 Revenue 172 ($9.6M) Expenses 151 ($7.8M) Net assets 195 ($19M)2024 Revenue 206 ($11M) Expenses 168 ($8.6M) Net assets 235 ($23M)2025 Revenue 215 ($12M) Expenses 179 ($9.2M) Net assets 266 ($26M)2026 Revenue 198 ($11M) Expenses 196 ($10M) Net assets 287 ($28M)
'17'18'19'20'21'22'23'24'25'26
Revenue (198)Expenses (196)Net assets (287)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $29M to $32M (+10%).

$24M
$25M
$27M
$26M
$29M
$28M
$29M
$32M
$35M
$35M
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 11% · 2018 13% · 2019 15% · 2020 28% · 2021 25% · 2022 26% · 2023 26% · 2024 23% · 2025 24% · 2026 31%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 10 reported years ran a deficit.

$419k
’17
$657k
’18
$3.3M
’19
$925k
’20
$2.2M
’21
$2.3M
’22
$1.8M
’23
$2.8M
’24
$2.7M
’25
$942k
’26
2.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

L Garrett Weddle

Exec director

As listed on its FY2026 Form 990.

'17'18'19'20'21'22'23'24'25'26
Listed28322929292628243124
Joined·+12+1+7+8+6+10+7+14+4
No longer listed·84789811711
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 13 funders, grant income fell $588k → $412k.

7 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.6M from 4 payers (the payer shares this organization's board, largest Community Foundation of Tampa Bay Inc). These are real filings, and they are not money HILLSBOROUGH COLLEGE FOUNDATION INC raised.

From the IRS filings of HILLSBOROUGH COLLEGE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HILLSBOROUGH COLLEGE FOUNDATION INC has a broad base — no single funder exceeds 18% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HILLSBOROUGH COLLEGE FOUNDATION INC.

18%
largest funder
52%
top three
~8
effective funders

Largest funder’s share by year: 2017 68% · 2018 50% · 2019 30% · 2020 40% · 2021 49% · 2022 41% · 2023 33% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of HILLSBOROUGH COLLEGE FOUNDATION INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

56% of HILLSBOROUGH COLLEGE FOUNDATION INC's grant income comes from Florida funders.

MI
NY
MA
CA
MO
WV
VA
DE
AZ
TN
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $301k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like HILLSBOROUGH COLLEGE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 5%Fundraising 2%

Governance

24
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 1 related entity

  • Hillsborough College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HILLSBOROUGH COLLEGE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HILLSBOROUGH COLLEGE FOUNDATION INC?
HILLSBOROUGH COLLEGE FOUNDATION INC (Florida) receives grants from 37 organizations whose IRS filings report $4,784,502 to it, the largest being SUNCOAST CREDIT UNION FOUNDATION ($856,012). 20 of them have funded it in more than one year.
How many funders does HILLSBOROUGH COLLEGE FOUNDATION INC have?
IRS filings report 37 organizations giving $4,784,502 in grants to HILLSBOROUGH COLLEGE FOUNDATION INC, 20 of which have funded it in more than one year.
Who is the largest funder of HILLSBOROUGH COLLEGE FOUNDATION INC?
SUNCOAST CREDIT UNION FOUNDATION is the largest funder on record, with $856,012 in grants. The full list of funders is on this page.
How can an organization like HILLSBOROUGH COLLEGE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing