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Nonprofit · EIN 59-1819213

POLK STATE COLLEGE FOUNDATION INC

Tax-exempt · WINTER HAVEN, FL 33881

Financials

$6.3M$2.2M2022$3M$2.3M2023$7.2M$2.7M2024$3.6M$3.3M2025
Revenue Expenses · by fiscal year end
Financials of POLK STATE COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,637,603$3,253,341$384,262$55,385,381$688,255$54,697,126
December 31, 2024990$7,212,447$2,678,356$4,534,091$51,399,651$1,619,971$49,779,680
December 31, 2023990$3,013,309$2,281,741$731,568$45,518,078$2,141,237$43,376,841
December 31, 2022990 (amended)$6,277,860$2,217,862$4,059,998$40,005,868$815,972$39,189,896
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,705,947
Program service revenue
$0
Investment income
$1,886,403
Net gain from sales of assets
$504,303
Net income from fundraising events
-$3,289
Other revenue
$45,253

Expenses

Grants and similar amounts paid
$1,562,710
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$43,927
Travel
$17,146
Program services (functional)
$2,508,073
Management and general (functional)
$262,965
Fundraising (functional)
$482,303

Balance sheet and other

Total assets, start of year
$51,399,651
Total assets, end of year
$55,385,381
Total liabilities, end of year
$688,255
Net assets, end of year
$54,697,126
Publicly traded securities
$48,374,097
Net assets without donor restrictions
$1,567,523
Net assets with donor restrictions
$53,129,603
Gross receipts
$6,528,762
Employees
0
Volunteers
45
Year formed
1976
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN WARNEREXECUTIVE DIRECTOR
Officer
60$0$130,000$69,236
JOANIE MALONECHIEF FINANCIAL OFFICER
Officer
50$0$109,000$39,376
BO BOYTECHAIR (AS OF 7/25)
Trustee or director, Officer
0.5$0$0$0
MATT MUCCIVICE CHAIR (AS OF 7/25)
Trustee or director, Officer
0.5$0$0$0
JENNIFER HALLTREASURER
Trustee or director, Officer
0.5$0$0$0
WENDY VENTORSDEVELOPMENT CHAIR/SECRETARY
Trustee or director, Officer
0.5$0$0$0
DAVID FISHERPAST CHAIR (AS OF 7/25)
Trustee or director
0.5$0$0$0
NANCY DODDBOARD MEMBER
Trustee or director
0.25$0$0$0
GRETA DUPUYBOARD MEMBER
Trustee or director
0.25$0$0$0
JENNIFER FASKINGBOARD MEMBER
Trustee or director
0.25$0$0$0
TIFFANI GOZDUBOARD MEMBER - AS OF 07/25
Trustee or director
0.25$0$0$0
SCOTT HARTBOARD MEMBER
Trustee or director
0.25$0$0$0
NIKKI HAYDEBOARD MEMBER
Trustee or director
0.25$0$0$0
BILL JACOBSBOARD MEMBER
Trustee or director
0.25$0$0$0
CYNDI JANTOMASO MEDPBOARD MEMBER
Trustee or director
0.25$0$0$0
18 more people on this return
NameTitleHours / weekCompensation
GARRETT KENNYBOARD MEMBER
Trustee or director
0.25$0
JENNIFER KINCART JONSSONBOARD MEMBER - THRU 11/25
Trustee or director
0.25$0
MICHELE LEDFORDBOARD MEMBER
Trustee or director
0.25$0
DR CHRISTOPHER LOPEZBOARD MEMBER
Trustee or director
0.25$0
BETH LUCKETBOARD MEMBER
Trustee or director
0.25$0
RYAN MCKELLENBOARD MEMBER
Trustee or director
0.25$0
DR PAUL MORINBOARD MEMBER
Trustee or director
0.25$0
CHRIS NELSONBOARD MEMBER - AS OF 07/25
Trustee or director
0.25$0
ANALISA NOVOSELBOARD MEMBER
Trustee or director
0.25$0
TY PINNERBOARD MEMBER
Trustee or director
0.25$0
NICK PLOTTBOARD MEMBER
Trustee or director
0.25$0
ALEX PRICEBOARD MEMBER - AS OF 07/25
Trustee or director
0.25$0
KALEY RAUBBOARD MEMBER - AS OF 07/25
Trustee or director
0.25$0
JAMES RINGBOARD MEMBER
Trustee or director
0.25$0
CHRISTINE SAMUELBOARD MEMBER
Trustee or director
0.25$0
NIKKI SMITHBOARD MEMBER
Trustee or director
0.25$0
EMILY SPATHBOARD MEMBER - AS OF 07/25
Trustee or director
0.25$0
MEG THORNTONBOARD MEMBER
Trustee or director
0.25$0
990 for the year ended December 31, 2024: 32 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN WARNEREXECUTIVE DIRECTOR
Officer
60$0$120,699$47,321
JOANIE MALONECHIEF FINANCIAL OFFICER
Officer
50$0$59,959$8,833
DAVID FISHERCHAIR
Trustee or director, Officer
0.5$0$0$0
BO BOYTEVICE CHAIR
Trustee or director
0.5$0$0$0
JENNIFER HALLTREASURER
Trustee or director, Officer
0.5$0$0$0
WENDY VENTORSDEVELOPMENT CHAIR/SECRETARY
Trustee or director, Officer
0.5$0$0$0
GRETA DUPUYPAST CHAIR
Trustee or director
0.5$0$0$0
JAY BURNSBOARD MEMBER (THRU 6/30/24)
Trustee or director
0.25$0$0$0
NANCY DODDBOARD MEMBER
Trustee or director
0.25$0$0$0
JENNIFER FASKINGBOARD MEMBER
Trustee or director
0.25$0$0$0
SCOTT HARTBOARD MEMBER
Trustee or director
0.25$0$0$0
NIKKI HAYDEBOARD MEMBER
Trustee or director
0.25$0$0$0
FRANK IDRISBOARD MEMBER (THRU 6/30/24)
Trustee or director
0.25$0$0$0
BILL JACOBSBOARD MEMBER
Trustee or director
0.25$0$0$0
CYNDI JANTOMASO MEDPBOARD MEMBER
Trustee or director
0.25$0$0$0
JENNIFER KINCART JONSSONBOARD MEMBER
Trustee or director
0.25$0$0$0
GARRETT KENNYBOARD MEMBER
Trustee or director
0.25$0$0$0
MICHELE LEDFORDBOARD MEMBER
Trustee or director
0.25$0$0$0
DR CHRISTOPHER LOPEZBOARD MEMBER
Trustee or director
0.25$0$0$0
BETH LUCKETBOARD MEMBER
Trustee or director
0.25$0$0$0
RYAN MCKELLENBOARD MEMBER
Trustee or director
0.25$0$0$0
DR PAUL MORINBOARD MEMBER
Trustee or director
0.25$0$0$0
MATT MUCCIBOARD MEMBER
Trustee or director
0.25$0$0$0
KATHLEEN MUNSONBOARD MEMBER (THRU 6/30/24)
Trustee or director
0.25$0$0$0
ANALISA NOVOSELBOARD MEMBER
Trustee or director
0.25$0$0$0
JASON PENRODBOARD MEMBER (THRU 6/30/24)
Trustee or director
0.25$0$0$0
TY PINNERBOARD MEMBER
Trustee or director
0.25$0$0$0
NICK PLOTTBOARD MEMBER
Trustee or director
0.25$0$0$0
JAMES RINGBOARD MEMBER (THRU 6/30/24)
Trustee or director
0.25$0$0$0
CHRISTINE SAMUELBOARD MEMBER
Trustee or director
0.25$0$0$0
NIKKI SMITHBOARD MEMBER
Trustee or director
0.25$0$0$0
MEG THORNTONBOARD MEMBER
Trustee or director
0.25$0$0$0
990 for the year ended December 31, 2023: 32 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
VINCENT KINGEXECUTIVE OFFICER (THRU 6/2023)
Officer
50$0$52,498$5,675
DAVID FISHERCHAIR
Trustee or director, Officer
0.5$0$0$0
BO BOYTEVICE CHAIR
Trustee or director
0.5$0$0$0
JENNIFER HALLTREASURER
Trustee or director
0.5$0$0$0
MATT MUCCIDEVELOPMENT CHAIR/SECRETARY
Trustee or director
0.5$0$0$0
GRETA DUPUYPAST CHAIR
Trustee or director
0.5$0$0$0
ANN BARNHARTBOARD MEMBER THRU 6/2023
Trustee or director
0.25$0$0$0
JAY BURNSBOARD MEMBER
Trustee or director
0.25$0$0$0
DR ANGELA FALCONETTIBOARD MEMBER
Trustee or director
0.25$0$0$0
JENNIFER FASKINGBOARD MEMBER
Trustee or director
0.25$0$0$0
SCOTT HARTBOARD MEMBER
Trustee or director
0.25$0$0$0
NIKKI HAYDEBOARD MEMBER
Trustee or director
0.25$0$0$0
FRANK IDRISBOARD MEMBER AS OF 6/2023
Trustee or director
0.25$0$0$0
REX JACKSONBOARD MEMBER THRU 6/2023
Trustee or director
0.25$0$0$0
BILL JACOBSBOARD MEMBER
Trustee or director
0.25$0$0$0
ERIC JOHNSONBOARD MEMBER THRU 6/2023
Trustee or director
0.25$0$0$0
JENNIFER KINCART JONSSONBOARD MEMBER
Trustee or director
0.25$0$0$0
GARRETT KENNYBOARD MEMBER
Trustee or director
0.25$0$0$0
MICHELE LEDFORDBOARD MEMBER
Trustee or director
0.25$0$0$0
DR CHRISTOPHER LOPEZBOARD MEMBER
Trustee or director
0.25$0$0$0
BETH LUCKETBOARD MEMBER
Trustee or director
0.25$0$0$0
RYAN MCKELLENBOARD MEMBER
Trustee or director
0.25$0$0$0
DR PAUL MORINBOARD MEMBER
Trustee or director
0.25$0$0$0
KATHLEEN MUNSONBOARD MEMBER
Trustee or director
0.25$0$0$0
JASON PENRODBOARD MEMBER
Trustee or director
0.25$0$0$0
NICK PLOTTBOARD MEMBER
Trustee or director
0.25$0$0$0
ALEX PRICEBOARD MEMBER THRU 6/2023
Trustee or director
0.25$0$0$0
JAMES RINGBOARD MEMBER
Trustee or director
0.25$0$0$0
CHRISTINE SAMUELBOARD MEMBER
Trustee or director
0.25$0$0$0
NIKKI SMITHBOARD MEMBER AS OF 8/2023
Trustee or director
0.25$0$0$0
MEG THORNTONBOARD MEMBER
Trustee or director
0.25$0$0$0
WENDY VENTERSBOARD MEMBER
Trustee or director
0.25$0$0$0
990 for the year ended December 31, 2022: 30 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CINDY BAKERCHIEF FINANCIAL OFFICER
Officer
40$0$95,541$11,129
JEFF BALDWINEXECUTIVE DIRECTOR THRU OCT. 2022
Officer
40$0$82,091$10,217
GRETA DUPUYCHAIR
Trustee or director, Officer
0.5$0$0$0
DAVID FISHERVICE CHAIR
Trustee or director, Officer
0.5$0$0$0
JENNIFER HALLTREASURER
Trustee or director, Officer
0.5$0$0$0
BO BOYTEDEVELOPMENT CHAIR/SECRETARY
Trustee or director, Officer
0.5$0$0$0
ERIC JOHNSONPAST CHAIR
Trustee or director
0.25$0$0$0
ANN BARNHARTBOARD MEMBER AS OF JULY 2022
Trustee or director
0.25$0$0$0
JAY BURNSBOARD MEMBER AS OF JULY 2022
Trustee or director
0.25$0$0$0
ANGELA FALCONETTIBOARD MEMBER
Trustee or director
0.25$0$0$0
JENNIFER FASKINGBOARD MEMBER
Trustee or director
0.25$0$0$0
SCOTT HARTBOARD MEMBER
Trustee or director
0.25$0$0$0
NIKKI HAYDEBOARD MEMBER
Trustee or director
0.25$0$0$0
REX JACKSONBOARD MEMBER
Trustee or director
0.25$0$0$0
BILL JACOBSBOARD MEMBER AS OF JULY 2022
Trustee or director
0.25$0$0$0
JENNIFER KINCART JONSSONBOARD MEMBER
Trustee or director
0.25$0$0$0
GARRETT KENNYBOARD MEMBER
Trustee or director
0.25$0$0$0
MICHELLE LEDFORDBOARD MEMBER
Trustee or director
0.25$0$0$0
BETH LUCKETBOARD MEMBER
Trustee or director
0.25$0$0$0
PAUL MORINBOARD MEMBER AS OF JULY 2022
Trustee or director
0.25$0$0$0
MATT MUCCIBOARD MEMBER
Trustee or director
0.25$0$0$0
KATHLEEN MUNSONBOARD MEMBER
Trustee or director
0.25$0$0$0
JASON PENRODBOARD MEMBER
Trustee or director
0.25$0$0$0
NICK PLOTTBOARD MEMBER
Trustee or director
0.25$0$0$0
ALEX PRICEBOARD MEMBER AS OF JULY 2022
Trustee or director
0.25$0$0$0
SUMMER ROTHBOARD MEMBER
Trustee or director
0.25$0$0$0
CHRISTINE SAMUELBOARD MEMBER
Trustee or director
0.25$0$0$0
MARK TURNERBOARD MEMBER
Trustee or director
0.25$0$0$0
WENDY VENTERSBOARD MEMBER
Trustee or director
0.25$0$0$0
STACEY HEACOCK WEEKSBOARD MEMBER
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
999 AVENUE H NE, WINTER HAVEN, FL 33881-4256
Principal officer (990 for 2025)
JOANIE MALONE, 999 AVENUE H NE, WINTER HAVEN, FL 33881
Signed the 990
JOANIE MALONE, CHIEF FINANCIAL OFFICER
Phone
(863) 292-3613
Return prepared by
CLIFTONLARSONALLEN LLP

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $2,508,073 · grants $1,562,710

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1819213
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$55,385,381
Income (IRS master file)
$6,528,762

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,637,603$3,253,341$55,385,381IRS
990December 2024$7,212,447$2,678,356$51,399,651XML
990December 2023$3,013,309$2,281,741$45,518,078XML
990December 2022$6,277,860$2,217,862$40,005,868XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1819213).

Questions about POLK STATE COLLEGE FOUNDATION INC

What is the EIN of POLK STATE COLLEGE FOUNDATION INC?
The employer identification number (EIN) of POLK STATE COLLEGE FOUNDATION INC is 59-1819213.
Is POLK STATE COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to POLK STATE COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POLK STATE COLLEGE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POLK STATE COLLEGE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POLK STATE COLLEGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of POLK STATE COLLEGE FOUNDATION INC?
The 990 for the year ended December 31, 2025 names JOANIE MALONE.
Who are the officers and directors of POLK STATE COLLEGE FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 33 people; 0 received compensation from the organization.
How much revenue does POLK STATE COLLEGE FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,637,603, expenses of $3,253,341 and total assets of $55,385,381 at year end.

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