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Florida · Nonprofit

POLK STATE COLLEGE FOUNDATION

POLK STATE COLLEGE FOUNDATION (Florida) receives grants from 27 organizations whose IRS filings report $1,328,909 to it, the largest being Homer and Annette Thompson Foundation ($352,700). 16 of them have funded it in more than one year.

Revenue FY2025
$3.6M
Funders on record
27
Grants received
$1.3M
Net assets
$55M
16/27 repeat funderspeak grant-dependency 7%
01What it does

What Polk State College Foundation does

Mission

Polk State College Foundation works in tandem with polk state college to help it meet its hallmarks and commitment to the community of access and affordability to higher education. (continued on schedule o)scholarships are a key way the foundation accomplishes this and, as such, remains the foundation's number-one fundraising priority. The Polk State College Foundation is governed by a board of directors comprised of community leaders, as well as a strong management team to ensure that donations are wisely managed and leveraged to maximize the benefit to the students. Gifts at every level are appreciated and truly make a difference in the lives of polk state students. Some students, indeed, need help paying for the majority of their tuition, while others simply need help with the cost of a book to be able to afford taking a class at polk.

As stated on its FY2025 Form 990.

Program

  1. The Polk State College Foundation assists more than 1,000 students annually through awarding more than $1.5 million in scholarships. The majority of scholarship awards are donor directed and help lift up students throughout the college population. First generation, allied health, public safety, athletics, the arts and emergency scholarships are a few examples of donor designations. In addition to traditional and non-traditional scholarship awards, the foundation has a popular elementary scholarship program, where at least one graduate of every elementary school in polk county is awarded a scholarship to attend polk state upon graduation from high school. The foundation also helps to elevate the college through an endowed teaching chair program that honors distinguished faculty. (continued on schedule o)polk state college has been further strengthened by donor contributions to the foundation for facilities, equipment, programs and technology.

    $2,508,073 spentof which $1,562,710 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $2,508,073.

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 ($3.1M) Expenses 100 ($2.4M) Net assets 100 ($34M)2018 Revenue 87 ($2.7M) Expenses 96 ($2.3M) Net assets 93 ($31M)2019 Revenue 92 ($2.8M) Expenses 97 ($2.3M) Net assets 109 ($37M)2020 Revenue 105 ($3.2M) Expenses 76 ($1.8M) Net assets 119 ($40M)2021 Revenue 140 ($4.3M) Expenses 81 ($1.9M) Net assets 130 ($44M)2022 Revenue 205 ($6.3M) Expenses 93 ($2.2M) Net assets 116 ($39M)2023 Revenue 98 ($3.0M) Expenses 96 ($2.3M) Net assets 129 ($43M)2024 Revenue 235 ($7.2M) Expenses 112 ($2.7M) Net assets 148 ($50M)2025 Revenue 119 ($3.6M) Expenses 136 ($3.3M) Net assets 162 ($55M)
'17'18'19'20'21'22'23'24'25
Revenue (119)Expenses (136)Net assets (162)

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 $46M to $51M (+13%).

$34M
$31M
$37M
$40M
$45M
$40M
$46M
$51M
$55M
'17'18'19'20'21'22'23'24'25
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 2% · 2019 2% · 2020 1% · 2021 0%. 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 9 reported years ran a deficit.

$678k
’17
$369k
’18
$493k
’19
$1.4M
’20
$2.4M
’21
$4.1M
’22
$732k
’23
$4.5M
’24
$384k
’25
17
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

Steven Warner

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed353434363030323233
Joined·+7+7+13+2+7+9+7+5
No longer listed·871187774
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 9 funders, grant income rose $60k → $202k.

6 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% 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: $3.0M from 6 payers (the payer shares this organization's board, largest Givewell Community Foundation Inc). These are real filings, and they are not money POLK STATE COLLEGE FOUNDATION raised.

From the IRS filings of POLK STATE COLLEGE FOUNDATION’s funders (the co-funder graph). 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

POLK STATE COLLEGE FOUNDATION leans on a few funders — its largest provides 27% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

41% 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 POLK STATE COLLEGE FOUNDATION.

27%
largest funder
66%
top three
~6
effective funders

Largest funder’s share by year: 2017 46% · 2018 32% · 2019 38% · 2020 43% · 2021 42% · 2022 43% · 2023 42% — 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

37% of POLK STATE COLLEGE FOUNDATION's funders are still giving 3 years after their first grant; 59% 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

59% of POLK STATE COLLEGE FOUNDATION's grant income comes from Florida funders.

NY
OH
CT
MO
DE
NC
TX
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. $110k 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 POLK STATE COLLEGE FOUNDATION

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

77% of spending goes to programs.

Program 77%Management 8%Fundraising 15%

Governance

29
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

64%

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

Footprint & structure

Part of a family of 1 related entity

  • Polk State College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for POLK STATE COLLEGE FOUNDATION: 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.

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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 POLK STATE COLLEGE FOUNDATION?
POLK STATE COLLEGE FOUNDATION (Florida) receives grants from 27 organizations whose IRS filings report $1,328,909 to it, the largest being Homer and Annette Thompson Foundation ($352,700). 16 of them have funded it in more than one year.
How many funders does POLK STATE COLLEGE FOUNDATION have?
IRS filings report 27 organizations giving $1,328,909 in grants to POLK STATE COLLEGE FOUNDATION, 16 of which have funded it in more than one year.
Who is the largest funder of POLK STATE COLLEGE FOUNDATION?
Homer and Annette Thompson Foundation is the largest funder on record, with $352,700 in grants. The full list of funders is on this page.
How can an organization like POLK STATE COLLEGE FOUNDATION 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 FY2025 (financials across 2017–2025), and the filings of 27 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 14, 2026. What this page cannot tell you · view filing