Nonprofit · EIN 23-7181959
BROWARD COLLEGE FOUNDATION INC
Tax-exempt · FORT LAUDERDALE, FL 33301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,377,677 | $12,018,975 | $1,358,702 | $138,973,140 | $4,882,749 | $134,090,391 |
| December 31, 2023 | 990 | $24,958,064 | $24,684,118 | $273,946 | $131,928,533 | $1,966,263 | $129,962,270 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,949,261
- Program service revenue
- $418,875
- Investment income
- $8,901,987
- Net gain from sales of assets
- $2,364,325
- Net income from fundraising events
- $107,554
- Other revenue
- $107,554
Expenses
- Grants and similar amounts paid
- $5,282,101
- Other salaries and wages
- $4,572,576
- Salaries, compensation and benefits (total)
- $4,572,576
- Professional fundraising fees
- $0
- Legal fees
- $15,347
- Accounting fees
- $85,059
- Travel
- $56,676
- Program services (functional)
- $9,587,914
- Management and general (functional)
- $1,307,436
- Fundraising (functional)
- $1,123,625
Balance sheet and other
- Total assets, start of year
- $131,928,533
- Total assets, end of year
- $138,973,140
- Total liabilities, end of year
- $4,882,749
- Net assets, end of year
- $134,090,391
- Publicly traded securities
- $135,147,485
- Net assets without donor restrictions
- $48,242,662
- Net assets with donor restrictions
- $85,847,729
- Gross unrelated business income
- $27,467
- Gross receipts
- $23,708,194
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1971
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DONALD ASTRAB | INTERIM PRES. (THRU 12/2024); BROWARD COLLEGE PRESIDENT (AS OF 12/2024) Trustee or director, Officer | 1 | $0 | $254,050 | $74,303 |
| NANCY BOTERO | FORMER EXECUTIVE DIRECTOR Former | 0 | $0 | $149,077 | $42,911 |
| SCOTT RIVINIUS | ACTING VP (THRU 12/2024); EXECUTIVE DIRECTOR (AS OF 12/2024) Trustee or director, Officer | 12.5 | $0 | $142,303 | $47,576 |
| MEGAN R COTTLE | EXECUTIVE DIRECTOR (THRU 04/2024) Trustee or director, Officer | 12.5 | $0 | $123,780 | $39,801 |
| BARBARA BRYAN | COLLEGE PRESIDENT (THRU 03/2024) Trustee or director, Officer | 1 | $0 | $72,055 | $23,436 |
| ALEXANDER FERNANDEZ | TREASURER (THRU 09/2024) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BACARDI L JACKSON | PAST CHAIR Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| GINGER MARTIN CPA | VICE CHAIR Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| RAYMOND MONTELEONE | CHAIR - PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| REGINALD R ANDRE | SECRETARY Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ALIX ALEXIS | DIRECTOR (THRU 02/2024) Trustee or director | 0.1 | $0 | $0 | $0 |
| BIANA MURNANE | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| BO MEGGINSON | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| CAPT BARRINGTON A IRVING JR | DIRECTOR (THRU 05/2024) Trustee or director | 0.1 | $0 | $0 | $0 |
| DAVID ZANGRILLI | DIRECTOR (AS OF 12/2024) Trustee or director | 0.1 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIONNE H E POLITE | DIRECTOR (THRU 08/2024) Trustee or director | 0.1 | $0 |
| DR STANLEY MARKS MD | DIRECTOR Trustee or director | 0.1 | $0 |
| GEORGE I PLATT | DIRECTOR (THRU 12/2024) Trustee or director | 0.1 | $0 |
| GLORIA M FERNANDEZ | DIRECTOR (THRU 12/2024) Trustee or director | 0.1 | $0 |
| JESSICA RODRIGUEZ | DIRECTOR Trustee or director | 0.1 | $0 |
| LARRY RICE | DIRECTOR Trustee or director | 0.1 | $0 |
| REGGIE ZACHARIAH JR | DIRECTOR Trustee or director | 0.1 | $0 |
| SASHA LIGHTBOURNE | DIRECTOR Trustee or director | 0.1 | $0 |
| YOLANDA PEREZ | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 31 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY A HAILE ESQ | BROWARD COLLEGE PRESIDENT Trustee or director, Officer | 1 | $0 | $363,719 | $266,863 |
| NANCY R BOTERO | EXECUTIVE DIRECTOR Trustee or director, Officer | 12.5 | $0 | $160,803 | $42,336 |
| MEGAN R COTTLE | EXEC. DIRECTOR (AS OF 06/2023) Trustee or director, Officer | 12.5 | $0 | $105,789 | $42,085 |
| BARBARA BRYAN | COLLEGE PRES (AS OF 10/2023) Trustee or director, Officer | 1 | $0 | $87,373 | $23,636 |
| CRAIG L FARLIE | CHAIR (THRU 09/2023) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| RAYMOND MONTELEONE | CHAIR - PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| GINGER MARTIN CPA | VICE CHAIR Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ALEXANDER FERNANDEZ | TREASURER Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| REGINALD R ANDRE | SECRETARY Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| VANESA PATINO | SECRETARY (THRU 09/2023) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BACARDI L JACKSON | PAST CHAIR Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ALIX ALEXIS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| GLORIA M FERNANDEZ | DIRECTOR (AS OF 05/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| ALAN HAIG | DIRECTOR (THRU 09/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| CAPT BARRINGTON A IRVING JR | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JARRET S LEVAN | DIRECTOR (THRU 09/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| SASHA LIGHTBOURNE | DIRECTOR (AS OF 12/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| DR STANLEY MARKS MD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| GREGORY E MCGOWAN | DIRECTOR (THRU 09/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| BO MEGGINSON | DIRECTOR (AS OF 12/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| BIANA MURNANE | DIRECTOR (AS OF 12/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| YOLANDA PEREZ | DIRECTOR (AS OF 12/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| GEORGE I PLATT | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| DIONNE HE POLITE | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| NATALIE L RANSOM | DIRECTOR (THRU 09/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| LARRY RICE | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| LLord F RHODES | DIRECTOR (THRU 09/2023) Trustee or director | 0.1 | $0 | $0 | $0 |
| JESSICA RODRIGUEZ | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| REGGIE ZACHARIAH JR | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MONICA MCGRATH | VICE CHAIR (THRU 02/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BEVERLY YANOWITCH | TREASURER (THRU 02/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 EAST LAS OLAS BLVD 11TH FL, FORT LAUDERDALE, FL 33301-2206
- In care of
- % JIM DECHANT
- Principal officer (990 for 2024)
- TOREY ALSTON, 111 EAST LAS OLAS BLVD 11TH FL, FORT LAUDERDALE, FL 33301
- Signed the 990
- JIM DECHANT, ACTING VP
- Phone
- (954) 201-7414
- Return prepared by
- BDO USA
Mission
THE MISSION OF THE BROWARD COLLEGE FOUNDATION IS TO TRANSFORM LIVES THROUGH EDUCATION BY PROVIDING COMMUNITY AWARENESS, ADVOCACY AND FINANCIAL SUPPORT TO BROWARD COLLEGE.
Program accomplishments
- ACADEMIC AND COLLEGE SUPPORT.Expenses $5,278,378 · grants $997,995
- SCHOLARSHIPS: ARE PROVIDED TO HELP STUDENTS ATTEND THE COLLEGE AND ACHIEVE A HIGHER EDUCATION.Expenses $4,309,536 · grants $4,284,106 · revenue $418,875
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7181959
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $138,973,140
- Income (IRS master file)
- $23,708,194
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,377,677 | $12,018,975 | $138,973,140 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $24,958,064 | $24,684,118 | $131,928,533 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $14,539,033 | $10,949,672 | $124,383,163 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 23-7181959).
Questions about BROWARD COLLEGE FOUNDATION INC
- What is the EIN of BROWARD COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of BROWARD COLLEGE FOUNDATION INC is 23-7181959.
- Is BROWARD COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to BROWARD COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BROWARD 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 BROWARD COLLEGE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROWARD COLLEGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BROWARD COLLEGE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names TOREY ALSTON.
- Who are the officers and directors of BROWARD COLLEGE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 0 received compensation from the organization.
- How much revenue does BROWARD COLLEGE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,377,677, expenses of $12,018,975 and total assets of $138,973,140 at year end.
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