Skip to main content

Nonprofit · EIN 59-1818556

THE PALM BEACH STATE COLLEGE FDN INC

Tax-exempt · WEST PALM BCH, FL 33401

Financials

$8.1M$13.4M2023$13.5M$7.2M2024
Revenue Expenses · by fiscal year end
Financials of THE PALM BEACH STATE COLLEGE FDN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,477,680$7,191,664$6,286,016$62,029,100$861,271$61,167,829
December 31, 2023990$8,054,807$13,407,715-$5,352,908$52,612,351$903,320$51,709,031
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,732,693
of which government grants
$194,146
Program service revenue
$0
Investment income
$2,759,661
Net gain from sales of assets
$1,551,915
Net income from fundraising events
-$17,439
Other revenue
-$14,674

Expenses

Grants and similar amounts paid
$1,621,149
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$32,500
Travel
$79,636
Program services (functional)
$6,771,781
Management and general (functional)
$418,621
Fundraising (functional)
$1,262

Balance sheet and other

Total assets, start of year
$52,612,351
Total assets, end of year
$62,029,100
Total liabilities, end of year
$861,271
Net assets, end of year
$61,167,829
Publicly traded securities
$50,490,624
Net assets without donor restrictions
$5,820,284
Net assets with donor restrictions
$55,347,545
Gross receipts
$33,827,414
Employees
0
Volunteers
22
Year formed
1973
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
AVA L PARKERPRESIDENT
Officer
20$0$493,780$101,976
DAVID RUTHERFORDCEO
Officer
20$0$214,591$23,971
DEBBIE BERESFACULTY REP
Trustee or director, Officer
1$0$91,726$12,299
PATRICE BISHOPDBOT REPRESE
Trustee or director, Officer
1$0$0$0
ALFRED ZUCARODIRECTOR
Trustee or director
1$0$0$0
VICKI CHOURISDIRECTOR
Trustee or director
1$0$0$0
HERMINE DREZNERDIRECTOR
Trustee or director
1$0$0$0
GEORGE ELMOREDIRECTOR
Trustee or director
1$0$0$0
BRENT FYKESDIRECTOR
Trustee or director, Officer
1$0$0$0
PIA GIANNONEDIRECTOR
Trustee or director
1$0$0$0
ELIZABETH HAMMADIRECTOR
Trustee or director
1$0$0$0
JULIE KIMEDIRECTOR
Trustee or director
1$0$0$0
MELISSA FRIEDMAN-LEVINE MDDBOT REPRESE
Trustee or director, Officer
1$0$0$0
ELLICE MARTINEZSECRETARY
Trustee or director, Officer
1$0$0$0
WHITNEY CUNNINGHAM WALKERDIRECTOR
Trustee or director
1$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
NOEL GUILLAMAVICE CHAIR
Trustee or director, Officer
1$0
RICKY WADECHAIR
Trustee or director, Officer
1$0
TOMAS LEON NUNEZSTUDENT REP.
Trustee or director, Officer
1$0
CHARLES MCCONNELLSTUDENT REP.
Trustee or director, Officer
1$0
STEPHEN CONSTANTINEDIRECTOR
Trustee or director
1$0
JAMES DUFFIEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
AVA L PARKERPRESIDENT
Officer
20$0$421,575$89,457
DAVID RUTHERFORDCEO
Officer
20$0$206,608$21,149
DEBBIE BERESFACULTY REP
Trustee or director, Officer
1$0$84,169$10,460
PATRICE BISHOPDBOT REPRESE
Trustee or director, Officer
1$0$0$0
VICKI CHOURISDIRECTOR
Trustee or director
1$0$0$0
STEPHEN CONSTANTINEDIRECTOR
Trustee or director
1$0$0$0
HERMINE DREZNERDIRECTOR
Trustee or director
1$0$0$0
JAMES DUFFIEDIRECTOR
Trustee or director
1$0$0$0
GEORGE ELMOREDIRECTOR
Trustee or director
1$0$0$0
BRENT FYKESDIRECTOR
Trustee or director, Officer
1$0$0$0
PIA GIANNONEDIRECTOR
Trustee or director
1$0$0$0
NOEL GUILLAMAVICE CHAIR
Trustee or director, Officer
1$0$0$0
ELIZABETH HAMMADIRECTOR
Trustee or director
1$0$0$0
JULIE KIMEDIRECTOR
Trustee or director
1$0$0$0
TRISH LOWRYDIRECTOR
Trustee or director
1$0$0$0
MELISSA FRIEDMAN-LEVINE MDDBOT REPRESE
Trustee or director, Officer
1$0$0$0
ELLICE MARTINEZSECRETARY
Trustee or director, Officer
1$0$0$0
CHARLES MCCONNELLSTUDENT REP.
Trustee or director, Officer
1$0$0$0
TOMAS LEON NUNEZSTUDENT REP.
Trustee or director, Officer
1$0$0$0
RICKY WADECHAIR
Trustee or director, Officer
1$0$0$0
WHITNEY CUNNINGHAM WALKERDIRECTOR
Trustee or director
1$0$0$0
ALFRED ZUCARODIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
812 FERN ST, WEST PALM BCH, FL 33401-5716
In care of
% EXECUTIVE DIRECTOR
Principal officer (990 for 2024)
ANDRIA M CUNNINGHAM
Signed the 990
ANDRIA M CUNNINGHAM, CEO
Phone
(561) 868-3106
Return prepared by
BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC

Mission

TO ENCOURAGE, SOLICIT, RECEIVE, AND ADMINISTER PHILANTHROPIC GIFTS FOR THE ADVANCEMENT OF PALM BEACH STATE COLLEGE AND ITS OBJECTIVES OF MAINTAINING OPEN ACCESS TO HIGHER EDUCATION AT AFFORDABLE COSTS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SCHOLARSHIPS FOR TUITION, BOOKS, AND FEES TO STUDENTS MEETING VARIOUS CRITERIA ESTABLISHED BY DONORS FOR PALM BEACH STATE COLLEGE STUDENTS AND ON A LIMITED BASIS GRADUATING SOPHOMORES.
    Expenses $2,117,121 · grants $1,621,149
  • PROVIDE SUPPORT OF PALM BEACH STATE COLLEGE ACADEMIC PROGRAMS.
    Expenses $4,654,660

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1818556
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
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$62,029,100
Income (IRS master file)
$33,827,414

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,477,680$7,191,664$62,029,100XML
990December 2023$8,054,807$13,407,715$52,612,351XML
990December 2022$6,305,304$4,338,465$55,191,409IRS
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 59-1818556).

Questions about THE PALM BEACH STATE COLLEGE FDN INC

What is the EIN of THE PALM BEACH STATE COLLEGE FDN INC?
The employer identification number (EIN) of THE PALM BEACH STATE COLLEGE FDN INC is 59-1818556.
Is THE PALM BEACH STATE COLLEGE FDN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to THE PALM BEACH STATE COLLEGE FDN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE PALM BEACH STATE COLLEGE FDN 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 THE PALM BEACH STATE COLLEGE FDN 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 THE PALM BEACH STATE COLLEGE FDN 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 THE PALM BEACH STATE COLLEGE FDN INC?
The 990 for the year ended December 31, 2024 names ANDRIA M CUNNINGHAM.
Who are the officers and directors of THE PALM BEACH STATE COLLEGE FDN INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does THE PALM BEACH STATE COLLEGE FDN INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,477,680, expenses of $7,191,664 and total assets of $62,029,100 at year end.

Other nonprofits in WEST PALM BCH

All nonprofits in WEST PALM BCH · Florida · Education