Nonprofit · EIN 59-1052433
GULF COAST COMMUNITY FOUNDATION INC
Tax-exempt · VENICE, FL 34285
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $73,452,871 | $60,228,547 | $13,224,324 | $533,708,797 | $33,072,030 | $500,636,767 |
| June 30, 2024 | 990 (amended) | $54,435,281 | $55,630,111 | -$1,194,830 | $482,820,352 | $30,798,835 | $452,021,517 |
| June 30, 2023 | 990 | $51,082,837 | $50,505,292 | $577,545 | $443,953,807 | $27,047,531 | $416,906,276 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $45,194,210
- Program service revenue
- $4,541,256
- Investment income
- $23,843,024
- Net gain from sales of assets
- $15,337,022
- Other revenue
- -$125,619
Expenses
- Grants and similar amounts paid
- $46,699,484
- Compensation of officers, directors and key employees
- $1,577,596
- Other salaries and wages
- $1,895,500
- Salaries, compensation and benefits (total)
- $4,064,839
- Professional fundraising fees
- $0
- Legal fees
- $75,940
- Accounting fees
- $74,198
- Occupancy
- $241,359
- Travel
- $97,822
- Depreciation
- $156,856
- Program services (functional)
- $49,533,558
- Management and general (functional)
- $8,970,968
- Fundraising (functional)
- $1,724,021
Balance sheet and other
- Total assets, start of year
- $482,820,352
- Total assets, end of year
- $533,708,797
- Total liabilities, end of year
- $33,072,030
- Net assets, end of year
- $500,636,767
- Land, buildings and equipment
- $990,745
- Publicly traded securities
- $262,921,063
- Net assets without donor restrictions
- $487,929,068
- Net assets with donor restrictions
- $12,707,699
- Gross unrelated business income
- -$156,991
- Gross receipts
- $142,179,627
- Employees
- 31
- Volunteers
- 17
- Year formed
- 1995
- 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 | Other / benefits |
|---|---|---|---|---|
| PHILLIP P LANHAM | PRESIDENT/CEO Officer | 50 | $400,273 | $49,184 |
| JON THAXTON | VP OF COMMUNITY LEADERSHIP Officer | 50 | $258,816 | $35,046 |
| CHRISTINE S STOBAUGH | TREASURER/CFO (THRU 8/24) Officer | 50 | $201,384 | $42,648 |
| SASHA PYATTE | PHIL. ADVISOR, FMR. INTERIM VP Highest-paid employee | 50 | $146,151 | $28,289 |
| KELLY D CARLSTEIN | VP OF BRAND STRATEGY Officer | 50 | $161,675 | $5,874 |
| KAMERON HODGENS | DIR OF COMMUNITY LEADERSHIP Highest-paid employee | 50 | $132,453 | $28,047 |
| MARTHA GOODWILL | CONTROLLER Highest-paid employee | 50 | $133,519 | $14,347 |
| JENNIFER JOHNSTON | DIR OF COMMUNITY LEADERSHIP Highest-paid employee | 50 | $126,360 | $14,426 |
| JOSEPH W CARTER | VP OF PHILANTHROPY (AS OF 7/24) Officer | 50 | $112,751 | $7,312 |
| KRISTIN A PRINCE | SECRETARY Officer | 50 | $77,635 | $29,390 |
| CAROL MARTIN BROWN | TREASURER/CFO (AS OF 8/24) Officer | 50 | $89,318 | $9,903 |
| DAVID SESSIONS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANAND PALLEGAR | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANNE ESSNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PING FAULHABER | DIRECTOR Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROSE-ANNE FRANO | DIRECTOR Trustee or director | 1 | $0 |
| JOHN GIGLIO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID GREEN | DIRECTOR Trustee or director | 1 | $0 |
| ROD HERSHBERGER | DIRECTOR Trustee or director | 1 | $0 |
| 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 |
| ERIN MINOR | VP, COMM. LEADERSHIP (3/25) Officer | 50 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PHILLIP P LANHAM | PRESIDENT/CEO Officer | 50 | $252,586 | $28,165 |
| JON THAXTON | SENIOR VP FOR COMMUNITY IN Officer | 50 | $250,134 | $26,711 |
| CHRIS STOBAUGH | CFO Officer | 50 | $234,491 | $16,366 |
| KIRSTIN FULKERSON | SVP OF PHILANTHROPY (THRU 12/23) Officer | 40 | $192,745 | $34,242 |
| MARK PRITCHETT | FORMER PRESIDENT/CEO Former | 50 | $196,104 | $7,984 |
| VERONICA THAMES | COO (THRU 8/23) Officer | 40 | $177,539 | $6,778 |
| KELLY CARLSTEIN | VP OF BRAND STRATEGY Officer | 1 | $129,531 | $4,716 |
| KRISTIN PRINCE | SECRETARY Officer | 40 | $64,388 | $24,176 |
| DAVE SESSIONS | CHAIR Trustee or director | 1 | $0 | $0 |
| ANAND PALLEGAR | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| ANNE ESSNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PING FAULHABER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSE-ANNE FRANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN GIGLIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID GREEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROD HERSHBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK MARTUCCI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETE PETERSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER SODERBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN SOFIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRACY KNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE CARTER | VP FOR PHILANTHROPY (FROM 6/24) Officer | 50 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK PRITCHETT | FORMER PRESIDENT/CEO Former | 50 | $326,714 | $21,236 |
| JON THAXTON | SENIOR VP FOR COMMUNITY IN Officer | 50 | $247,686 | $29,831 |
| VERONICA THAMES | COO Former | 50 | $247,312 | $12,051 |
| CHRIS STOBAUGH | CFO Officer | 50 | $229,423 | $11,567 |
| KRISTIN M FULKERSON | SENIOR VP FOR PHILANTHROPY Officer | 50 | $186,710 | $24,899 |
| KRISTIN PRINCE | SECRETARY Officer | 40 | $64,616 | $26,539 |
| PHILLIP P LANHAM | PRESIDENT/CEO Trustee or director, Officer | 50 | $0 | $0 |
| DAVID SESSIONS | CHAIR Trustee or director | 1 | $0 | $0 |
| ANAND PALLEGAR | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| DAVID GREEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE ESSNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK MARTUCCI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN GIGLIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETE PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER SODERBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PING FAULHABER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROD HERSHBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSE-ANNE FRANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN SOFIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRACY KNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 TAMIAMI TRL S, VENICE, FL 34285-3237
- In care of
- % GULF
- Principal officer (990 for 2024)
- PHILLIP P LANHAM, 601 TAMIAMI TRAIL SOUTH, VENICE, FL 34285
- Signed the 990
- PHILLIP P LANHAM, PRESIDENT AND CEO
- Phone
- (941) 486-4600
- Website
- WWW.GULFCOASTCF.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TOGETHER WITH OUR DONORS, WE TRANSFORM OUR REGION THROUGH BOLD AND PROACTIVE PHILANTHROPY.
Program accomplishments
- TOGETHER WITH OUR DONORS, GULF COAST COMMUNITY FOUNDATION, INC. (GULF COAST) AND ITS SUPPORTING ORGANIZATIONS, THE VENICE ENDOWMENT, INC. AND GULF COAST STRATEGIC INVESTMENTS, INC, TRANSFORM OUR REGION THROUGH BOLD AND PROACTIVE PHILANTHROPY. GULF COAST IS A PUBLIC CHARITY THAT WAS CREATED IN 1995 WITH PROCEEDS FROM THE SALE OF THE VENICE HOSPITAL. SINCE THEN, THE FOUNDATION HAS GROWN TO INCLUDE MORE THAN 850 GENEROUS DONOR PARTNERSHIPS AND INVESTED MORE THAN $612 MILLION IN GRANTS AND INITIATIVES IN THE AREAS OF HEALTH AND HUMAN SERVICES, CIVIC AND ECONOMIC DEVELOPMENT, EDUCATION, ARTS AND CULTURE, AND THE ENVIRONMENT.(CONTINUED ON SCHEDULE O)INSPIRING PHILANTHROPYAT GULF COAST, OUR MISSION BEGINS TOGETHER WITH OUR DONORS. THEIR GIFTS HELP POWER THE ACTIONS WE TAKE EVERY DAY TO TRANSFORM OUR REGION. OUR GULF COAST FAMILY OF DONORS INCLUDES INDIVIDUALS, FAMILIES, CORPORATIONS, ORGANIZATIONS, AND OTHER FOUNDATIONS. GULF COAST WORKS IN THOUGHTFUL COORDINATION WITH DONORS AND THEIR LEGAL, FINANCIAL, AND TAX ADVISORS TO CREATE CUSTOM PHILANTHROPIC ACTION PLANS AND STEWARD THEIR GIFTS TO MEET THEIR WISHES. WHETHER IT'S A DONOR ADVISED FUND TO SUPPORT THEIR FAVORITE CHARITIES OR A PLANNED ESTATE GIFT THAT WILL CREATE A PERMANENT CHARITABLE ENDOWMENT IN THEIR NAME, GULF COAST LISTENS TO WHAT EACH DONOR ENVISIONS FOR THEIR GIVING AND THEN HELPS TURN THEIR VISION INTO REALITY. GULF COAST ALSO OFFERS DONORS INTELLIGENCE ON EMERGING COMMUNITY ISSUES AND ASSISTANCE FROM OUR PROFESSIONAL STAFF IN IDENTIFYING CHARITABLE PROJECTS MOST COMPATIBLE WITH THEIR INTERESTS. BY ENGAGING DONORS IN GULF COAST'S REGIONAL INITIATIVES, THE FOUNDATION CAN HELP THEM HAVE A MUCH GREATER PHILANTHROPIC IMPACT IN THE COMMUNITY THAN THEY MIGHT HAVE HAD ON THEIR OWN. IMPACT IN OUR REGIONIN OUR ROLE AS A REGIONAL LEADER, GULF COAST IDENTIFIES PRIORITY ISSUES THROUGH QUANTITATIVE AND QUALITATIVE RESEARCH, THEN CREATES AND FUNDS CATALYTIC COMMUNITY INITIATIVES THAT TARGET THOSE PRIORITIES. THESE INITIATIVES TYPICALLY INVOLVE CROSS-SECTOR COLLABORATION AND AIM TO LEVERAGE ADDITIONAL PHILANTHROPIC FUNDING FROM WITHIN AND BEYOND OUR REGION.PRIORITY ISSUES IDENTIFIED THROUGH THIS RESEARCH INCLUDE AFFORDABLE HOUSING, WATER QUALITY AND ACCESS TO GREEN SPACES, AND MENTAL HEALTH. GULF COAST ALSO PROVIDES SUPPORT IN THE AREAS OF ARTS AND CULTURE, CIVIC AND ECONOMIC DEVELOPMENT, DISASTER RECOVERY, EDUCATION, ENVIRONMENT, AND HEALTH AND HUMAN SERVICES. ADDITIONALLY, GULF COAST FUNDS A VARIETY OF GRANTS TO SUPPORT THE WORK OF NONPROFIT ORGANIZATIONS IN THE REGION. OUR GRANT PROGRAMS INCLUDE CATALYTIC GRANTS, WHICH FUND COLLABORATIVE PROJECTS AND PROGRAMS THAT TARGET REGIONAL PRIORITIES IN MEASURABLE WAYS; COMMUNITY GRANTS, WHICH FUND SMALLER PROJECTS AT REGIONAL NONPROFIT ORGANIZATIONS THAT CAN HAVE SIGNIFICANT IMPACT IN THE COMMUNITY INCLUDING WORK DESIGNED TO RAISE FUNDS AND AWARENESS OF THEIR MISSION; AND EMPOWERING ARTS GRANTS, WHICH PROVIDE UNRESTRICTED FUNDING TO CORNERSTONE ARTS AND CULTURAL ORGANIZATIONS IN THE REGION TO HELP THEM MEET THEIR ARTISTIC MISSIONS.Expenses $49,533,558 · grants $46,699,484 · revenue $4,541,256
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 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
- 59-1052433
- 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
- 1966
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $533,708,797
- Income (IRS master file)
- $142,179,627
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $73,452,871 | $60,228,547 | $533,708,797 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $54,435,281 | $55,630,111 | $482,820,352 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $51,082,837 | $50,505,292 | $443,953,807 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $79,396,677 | $50,084,573 | $411,069,499 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | 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 59-1052433).
Questions about GULF COAST COMMUNITY FOUNDATION INC
- What is the EIN of GULF COAST COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of GULF COAST COMMUNITY FOUNDATION INC is 59-1052433.
- Is GULF COAST COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to GULF COAST COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GULF COAST COMMUNITY 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 GULF COAST COMMUNITY FOUNDATION 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 GULF COAST COMMUNITY FOUNDATION 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 GULF COAST COMMUNITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names PHILLIP P LANHAM.
- Who are the officers and directors of GULF COAST COMMUNITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 29 people; 11 received compensation from the organization, the highest $400,273 (PHILLIP P LANHAM, PRESIDENT/CEO).
- How much revenue does GULF COAST COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $73,452,871, expenses of $60,228,547 and total assets of $533,708,797 at year end.
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- 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
- WALKER CHARITABLE TRUST EIN 27-1036148 · last filed 990-PF for 2025
All nonprofits in VENICE · Florida · Philanthropy, voluntarism and grantmaking foundations