Nonprofit · EIN 59-0668991
THE VENICE ENDOWMENT INC
Tax-exempt · VENICE, FL 34285
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $93,731 | -$93,731 | $1,635,644 | $0 | $1,635,644 |
| June 30, 2024 | 990 | $0 | $88,066 | -$88,066 | $1,729,375 | $0 | $1,729,375 |
| June 30, 2023 | 990-EZ | $0 | $0 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $93,731
- Program services (functional)
- $31,218
- Management and general (functional)
- $32,353
- Fundraising (functional)
- $30,160
Balance sheet and other
- Total assets, start of year
- $1,729,375
- Total assets, end of year
- $1,635,644
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,635,644
- Land, buildings and equipment
- $1,635,644
- Net assets without donor restrictions
- $1,635,644
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 17
- Year formed
- 2004
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHILLIP P LANHAM | PRESIDENT/CEO Officer | 1 | $0 | $400,273 | $49,184 |
| JON THAXTON | SVP FOR COMMUNITY INVESTMENT Officer | 1 | $0 | $258,816 | $35,046 |
| CHRISTINE S STOBAUGH | TREASURER/CFO (THRU 8/24) Officer | 1 | $0 | $201,384 | $42,648 |
| KELLY D CARLSTEIN | VP OF BRAND STRATEGY Officer | 1 | $0 | $161,675 | $5,874 |
| JOSEPH W CARTER | VP OF PHILANTHROPY (AS OF 7/24) Officer | 1 | $0 | $112,751 | $7,312 |
| KRISTIN A PRINCE | SECRETARY Officer | 1 | $0 | $77,635 | $29,390 |
| CAROL MARTIN BROWN | TREASURER/CFO (AS OF 8/24) Officer | 1 | $0 | $89,318 | $9,903 |
| DAVID SESSIONS | BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| ANAND PALLEGAR | BOARD VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| ANNE ESSNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PING FAULHABER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROSE-ANNE FRANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN GIGLIO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID GREEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROD HERSHBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| DEB KABINOFF | DIRECTOR (AS OF 4/25) Trustee or director | 1 | $0 |
| TRACY KNIGHT | DIRECTOR (THRU 11/24) Trustee or director | 1 | $0 |
| FRANK MARTUCCI | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH MOORE | DIRECTOR (AS OF 4/25) Trustee or director | 1 | $0 |
| DR GAIL MORRISON MORGANROTH | DIRECTOR (AS OF 4/25) Trustee or director | 1 | $0 |
| PETE PETERSEN | DIRECTOR Trustee or director | 1 | $0 |
| PETER SODERBERG | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN SOFIA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHILLIP P LANHAM | PRESIDENT/CEO Officer | 2 | $0 | $252,586 | $28,165 |
| CHRIS STOBAUGH | CFO/TREASURER Officer | 1 | $0 | $234,491 | $16,366 |
| KRISTIN PRINCE | SECRETARY Officer | 1 | $0 | $64,388 | $24,176 |
| DAVE SESSIONS | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| ANAND PALLEGAR | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| ANNE ESSNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PING FAULHABER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROSE-ANNE FRANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN GIGLIO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID GREEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROD HERSHBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEITH JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK MARTUCCI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETE PETERSEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN SOFIA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TRACY KNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETER SODERBERG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990-EZ for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILLIP P LANHAM | PRESIDENT/CEO | 1 | $0 |
| JON THAXTON | VICE PRESIDENT | 1 | $0 |
| CHRIS STOBAUGH | TREASURER | 1 | $0 |
| KRISTIN PRINCE | SECRETARY | 1 | $0 |
| DAVID SESSIONS | CHAIR | 1 | $0 |
| ANAND PALLEGAR | VICE CHAIR | 1 | $0 |
| DAVID GREEN | DIRECTOR | 1 | $0 |
| ANNE ESSNER | DIRECTOR | 1 | $0 |
| FRANK MARTUCCI | DIRECTOR | 1 | $0 |
| JOHN GIGLIO | DIRECTOR | 1 | $0 |
| PETER SODERBERG | DIRECTOR | 1 | $0 |
| PING FAULHABER | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 601 TAMIAMI TRL S, VENICE, FL 34285-3237
- In care of
- % TERI HANSEN
- Principal officer (990 for 2024)
- PHILLIP P LANHAM, 601 TAMIAMI TRAIL SOUTH, VENICE, FL 34285
- Signed the 990
- PHILLIP P LANHAM, PRESIDENT
- Phone
- (941) 486-4600
- Website
- WWW.GULFCOASTCF.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MISSION OF THE VENICE ENDOWMENT, INC. IS TO SUPPORT THE MISSION OF GULF COAST COMMUNITY FOUNDATION, INC. IN TRANSFORMING OUR REGION THROUGH BOLD AND PROACTIVE PHILANTHROPY.
Program accomplishments
- SUPPORTING ORGANIZATION FOR GULF COAST COMMUNITY FOUNDATION, INC.Expenses $31,218
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0668991
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T700)
- Assets (IRS master file)
- $1,635,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $93,731 | $1,635,644 | IRS |
| 990 | June 2024 | $0 | $88,066 | $1,729,375 | XML |
| 990-EZ | June 2023 | $0 | $0 | $0 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 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 59-0668991).
Questions about THE VENICE ENDOWMENT INC
- What is the EIN of THE VENICE ENDOWMENT INC?
- The employer identification number (EIN) of THE VENICE ENDOWMENT INC is 59-0668991.
- Is THE VENICE ENDOWMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE VENICE ENDOWMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE VENICE ENDOWMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE VENICE ENDOWMENT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE VENICE ENDOWMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE VENICE ENDOWMENT INC?
- The 990 for the year ended June 30, 2025 names PHILLIP P LANHAM.
- Who are the officers and directors of THE VENICE ENDOWMENT INC?
- The 990 for the year ended June 30, 2025 lists 24 people; 0 received compensation from the organization.
- How much revenue does THE VENICE ENDOWMENT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $93,731 and total assets of $1,635,644 at year end.
Other nonprofits in VENICE
- GULF COAST COMMUNITY FOUNDATION INC EIN 59-1052433 · last filed 990 for 2025
- UNITED WAY OF SOUTH SARASOTA COUNTY INC EIN 59-1100846 · last filed 990 for 2025
- GULF COAST STRATEGIC INVESTMENTS INC EIN 20-2651678 · last filed 990 for 2025
- MCMURTRY FAMILY FOUNDATION EIN 51-0478343 · last filed 990-PF for 2024
- HORAN FAMILY FOUNDATION INC EIN 83-1948519 · last filed 990-PF for 2025
- EVERYONE CAN HELP INC EIN 02-0709043 · last filed 990 for 2025
- LINVILLE FAM FOUNDATION EIN 20-6386091 · last filed 990-PF for 2025
- WEST FAMILY FOUNDATION TRUST EIN 33-1722493 · last filed 990-PF for 2024
All nonprofits in VENICE · Florida · Philanthropy, voluntarism and grantmaking foundations