MOMENTUM ... FOUNDATION REPORT
PHSC Foundation , Inc . Management Summary of Operations for the year ended December 31 , 2019 The PHSC Foundation has an important job ensuring that PHSC is a thriving institution . It accomplishes this by raising private funds from generous friends in the community and distributing those funds to the College ’ s area of greatest need .
Pasco-Hernando State College Foundation , Inc . Statement of Revenues , Expenses , and Changes in Net Assets
Summary of Operations for December 31 , 2019
|
Operating Revenues : |
2019 |
86 % |
Contributions |
771,021 |
10 % |
State Matching Grant Funds |
67,908 |
2 % |
Events / Sponsorships |
91,768 |
2 % |
In-Kind Contributions |
388,343 |
100 % |
Total Revenue |
1,319,040 |
|
Expenses : Program Services : |
|
64 % |
Scholarships |
1,159,450 |
36 % |
Staff & Program Development |
642,512 |
100 % |
Total College Programs |
1,801,962 |
|
Support Services : |
|
40 % |
Fundraising |
339,717 |
16 % |
Administrative Expenses |
139,114 |
0 % |
Depreciation |
251 |
44 % |
In-Kind |
374,147 |
100 % |
Total Support Services |
853,229 |
|
Total Expenses |
2,655,191 |
REQUESTS FOR INFORMATION This financial report is designed to provide a general overview of the Foundation ’ s finances . Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to Lisa Richardson , Ed . D ., Associate Vice President of Alumni and College Relations and Executive Director of the PHSC Foundation , Pasco-Hernando State College Foundation , 10230 Ridge Road , New Port Richey , FL 34654-5199 .
PHSC FOUNDATION CONTACT
10230 Ridge Road , New Port Richey , FL 34654 727.816.3410 foundation @ phsc . edu foundation . phsc . edu
Lisa Richardson , Ed . D . Associate Vice President of Alumni and College Relations / Executive Director of the Foundation 727.816.3404 richarl @ phsc . edu
Emma Bladgett Foundation Staff Accountant 727.816.3279 bladgee @ phsc . edu
Michelle Bullwinkel Director of Alumni and Donor Relations / Campaign Manager 727.816.3212 bullwim @ phsc . edu
Claire Cohn Director of Foundation and Corporate Relations 727.816.3737 cohnc @ phsc . edu
Carla Crow Manager of Foundation Financial Operations 727.816.3429 crowc @ phsc . edu
Kimberly Morris Foundation Database Coordinator 727.816.3722 morrisk @ phsc . edu
Channing Sampson Administrative Assistant III 727.816.3410 sampsoc @ phsc . edu
Jessica Staller Director of Foundation Events and Marketing 727.816.3110 stallej @ phsc . edu
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