Charlotte Community Foundation, Inc.
227 Sullivan Street
Punta Gorda FL 33950

Connecting people who care with causes that matter.

CEO/Executive Director Julia Steele
Board Chair Ron Olsen
Board Chair Affiliation Strang, Olsen & Lynch, CPA's, PA
General Info
Organization DBA
Supported Organization
Former Names
Charlotte County Foundation
Tax Exempt Status Public Supported Charity
Incorporation Year 1995
Awarded competitive grant from Community Foundation in the last 5 years?
State Charitable Solicitations Permit Yes Apr 2016
State Registration Yes Jan 2016
IRS Letter of Determination
Financial Summary
Projected Revenue $75,900.00
Projected Expenses $343,345.00
Other Documents
Impact Statement
  • Engage the community in giving through philanthropy.
  • Grow and protect the organization's funds through responsible administrative, fund development, and investment management.
  • Maintain a culture of responsible grant making.
  • Serve as a catalyst to improve the capacity and effectiveness of local nonprofit organizations.
  • Needs Statement
    • Endowments, Donor Advised, Designated, Scholarship Funds   
    • Unrestricted Funds to support our competitive grant cycle to Charlotte County nonprofit organizations
    Background Statement
    The community foundation in Charlotte County is the Charlotte Community Foundation (CCF). A part of the community for more than 20 years, CCF is the only organization of its type focused exclusively on Charlotte County, Florida. CCF has its roots in the Adventist Hospital Foundation. When the hospital was sold and became the Charlotte Regional Medical Center in 1995, the Charlotte County Foundation was established as a separate 501(c)(3) not-for-profit corporation, focused specifically on health and education issues. In 2004, the Foundation changed its focus and became the Charlotte Community Foundation. With a new mission and a new name, and with the support and assistance of four Advisory Councils, the Board of the Charlotte Community Foundation, Inc., set a course that strives to encourage public and private philanthropy, enhance the capacity of Charlotte County's nonprofit organizations, and support projects that offer unique solutions to community needs, all with the intent of improving the quality of life for residents of Charlotte County. The Foundation has awarded over $2.5 million in grants to support nonprofit organizations and scholarships for students in Charlotte County, Florida. Leading Charlotte County through philanthropy, CCF values stewardships, itegrity and objectivity, collaboration, governance, and innovative and diverse leadership committed to advancing our community for good, for ever. Our objectives are to grow and preserve CCF's endowment to address changing community needs, enhance the visibility of the Foundation and its role in building legacies, establish a proactive culture in grant making, match donors with critical community needs, encourage professional development of nonprofits, and develop and support policies and procedures that ensure the implementation of CCF's Strategic Plan and continued improvement of the Foundation's governance structure, operations, and communications systems. 


    Areas Served
    Areas Served
    In a specific U.S. city, cities, state(s) and/or region.
    FL- Charlotte
    Service Categories
    Primary Org Type Philanthropy,Voluntarism & Grantmaking Foundations
    Secondary Org Type Community Improvement, Capacity Building
    Tertiary Org Type Philanthropy,Voluntarism & Grantmaking Foundations
    Philanthropy, Grant Making, Endowments, Scholarships, Community Foundation
    Statement from the Board Chair/Board President
    The Charlotte Community Foundation is a facilitator of philanthropy, working with donors, financial advisors, and estate planning attorneys one-on-one to help our citizens achieve their philanthropic dreams. The Charlotte Community Foundation has been a valuable asset to our community for over 20 years.
    Our goal, plain and simple, is to: enhance the quality of life in Charlotte County through philanthropy.
    The last several years have continued to be challenging times economically for both for-profit and nonprofit communities. With government funding disappearing, even greater burdes and challenges fall to the private sector if we are to maintain a vibrant nonprofit community and fulfill our missions.
    Under the direction of the Charlotte Community Foundation, our Nonprofit Network has strengthened our local nonprofit organizations by establishing the only extensive training program in Charlotte County designed to assist nonprofits develop more effective fundraising, marketing and strategic restructuring activities.
    Community foundation in general, and the Charlotte Community Foundation specifically, are in business for the long haul. In fact, we are in the business of forever. The funds that are created by donors at the Charlotte Community Foundation can continue to make distributions in perpetuity. Our tag ines states: "For Good. For Ever." To accomplish that, we need a stable, permanent presence in the community to facilitate our mission.
    As a result of the current real estate market, the Foundation boarsd was able to purchase a prime piece of downtown real estate at a significant discount to begin to create a permanent home for the Charlotte Community Foundation which will serve as a cornerstone for the community.
    We invite you to learn more about the activities of the Charlotte Community Foundation, and to see our vision of the future. Your donation to the Charlotte Community Foundation will allow us to be your catalyst for change in your communit.
    I invite you to contact me or Greg Bobonich, our CEO, to share the various opportunities that exist through the Foundation. Come grow with us, and see the difference that together we can make in our community.
    Best regards,
    Brian Presley
    Chairman of the Charlotte Community Foundation Board
    Statement from the CEO/Executive Director

    Along with the CCF's Board of Directors, it is through the support and counsel of four Advisory Councils (Endowment, Grants, Leadership Development, and Marketing), that policies and procedures are in place for the Foundation. Along with new endowment and investment policies, the Foundation has developed a competitive grants program, established the "Nonprofit Network" to provide professional development seminars & workshops in Charlotte County for staff & board members of our local nonprofits, and has achieved recognition from the Council on Foundations for compliance with the National Standards for Community Foundations in the U.S.

    The organization is ready to make the next giant leap to expand our endowment to over $15 million in five years. CCF will focus on its on-going goal of connecting individuals, families, businesses and organizations with the causes they care about, to create permanent charitable funds within the Foundation. It is through these endowed, permanent funds that CCF will help our community meet the challenges of the future.
    Connie Kantor, Interim CEO

    Annual competitive grant cycle to Charlotte County Nonprofits for Programs or equipment to increase capacity to serve constituents. Donor advised and designated grants awarded annually as instructed by Fund agreements, to local, national, and international nonprofit organizations.

    Budget $200,000
    Category Philanthropy, Voluntarism & Grantmaking, General/Other Comprehensive Grantmaking
    Program Linked to Organizational Strategy Yes
    Population Served US& International General/Unspecified Other Named Groups
    Short Term Success
    Competitive grant recipients must complete their project with one year, show measurable results, recognize CCF for their contribution, and report back to the Foundation on their success.
    Long Term Success Providing grants to  local nonprofit organizations for special project to benefit the community through an annual competitive grant cycle, budget $60,000. Competitive grants are not awarded for operating funds, but rather to increase capacity of the organization. Donor advised and designated grants are provided in compliance with Fund agreements, 4% of endowed funds allowed to grant annually.
    Program Success Monitoring
    Recipients of competitive grants provide interim and final reports, measuring success of their projects, population served, and capacity of organization expanded. Recognition plaques at recipients site and media publicity including CCF as a sponsor are encouraged.
    Program Success Examples
    TEAM Punta Gorda $50,000 grant developed a City master plan following hurricane Charley's devastation in 2004.
    St. Vincent DePaul, Good Samaritans, Charlotte HIV/AIDS People Support, Church of the Nazarene each benefited from refrigerator/freezer storage to increase capacity of their food pantry programs. The Virginia B. Andes Fund supported the purchase in 2012 of a permanent facility to house a free clinic for underinsured and uninsured residents in Charlotte County with a grant of $840,000. The Hugo and Wallie Spatz Fund was established a fund to provide ongoing support of the Military Heritage Museum of Florida, located in Charlotte County. In addition to the normal annual distribution from the fund, it also provides for matching funds to double the impact of contributions made by others to the museum. This fund has the capacity to be transformative to that organization.
    Program Comments by Organization

    Along with the CCF's Board of Directors, it is through the support and counsel of four Advisory Councils (Endowment, Grants, Leadership Development, and Marketing), that policies and procedures are now in place for the Foundation. Along with endowment and investment policies, the Foundation has developed a competitive grants program, established the Nonprofit Network to provide professional development seminars & resources in Charlotte County for staff & board members of our local nonprofits, and has achieved recognition from the Council on Foundations for compliance with the National Standards for Community Foundations in the U.S.

    The organization is now ready to make the next giant leap to expand our endowment to over $15 million in five years. CCF will focus on its on-going goal of connecting individuals, families, businesses and organizations with the causes they care about, to create permanent charitable funds within the Foundation. It will be through these endowed, permanent funds that CCF will help our community meet the challenges of the future.

    Program Comments by Foundation
    CEO/Executive Director
    CEO/Executive Director Julia Steele
    CEO Term Start Oct 2014
    CEO/Executive Director Email
    Former CEOs/Executive Directors
    Gregory C. Bobonich May 2008 - Oct 2013
    Dr. Carolyn M. Freeland Phd.Apr 2004 - June 2008
    Senior Staff
    Ms. Jan Stephens
    Staff & Volunteer Statistics
    Full Time Staff 1
    Part Time Staff 0
    Staff Retention Rate % 100
    Professional Development Yes
    Contractors 0
    Volunteers 51
    Management Reports to Board Yes
    CEO/Executive Director Formal Evaluation Yes
    Senior Management Formal Evaluation Yes
    Non-Management Formal Evaluation Yes
    Association of Fundraising Professionals - Member2009
    Florida Philanthropic Network- Member2009
    Council on Foundations - Member2007
    External Assessments and Accreditations
    Council on Foundations National Standards for U.S. Based Community Foundations2007
    Council on Foundations National Standards for U.S. Based Community Foundations2013
    Awards & Recognition
    Risk Management Provisions
    General Property Coverage and Professional Liability
    Government Licenses
    Organization Licensed by the Government No
    Fundraising Plan No
    Communication Plan No
    Strategic Plan No
    Strategic Plan Years 5
    Strategic Plan Adopted Apr 2008
    Management Succession Plan Yes
    Continuity of Operations Plan No
    Nondiscrimination Policy Yes
    Whistle Blower Policy Yes
    Document Destruction Policy Yes
    Directors and Officers Insurance Policy No
    Policies and Procedures No
    Management Comments by Organization
    Management Comments by Foundation
    Planning & Policies Comments by Organization
    Planning & Policies Comments by Foundation
    Multi-Media Comments by Organization
    Board Chair
    Board Chair Ron Olsen
    Company Affiliation Strang, Olsen & Lynch, CPA's, PA
    Board Term Apr 2014 to Apr 2016
    Board Chair Email
    Board Members
    Board Members
    Larua Amendola Raymond James
    Lew Bennett Landsberg Bennett Private Wealth Management
    Mary A. Byrski Esq.Principal, Byrski Estate and Elder Law
    Jimmy Dean Publisher, Harbor Style Magazine
    Jill McCrory McCrory Law Firm
    Ron Olsen CPAPartner, Strang, Olsen & Lynch, CPAs, PA
    Julia Steele Charlotte Community Foundation
    Jane Washburn Community Volunteer
    Douglas L. Young CRPCSenior Financial Advisor, Clear View Financial Services LLC
    Student serving on the board through Community Youth Development?
    Constituency Includes Client Representation Yes
    Board Ethnicity
    African American/Black 0
    Asian American/Pacific Islander 0
    Caucasian 9
    Hispanic/Latino 0
    Native American/American Indian 0
    Other 0 0
    Board Gender
    Male 4
    Female 5
    Unspecified 0
    Board Term Lengths 3
    Board Term Limits 3
    Board Orientation Yes
    Number of Full Board Meetings Annually 12
    Board Meeting Attendance % 100
    Board Self-Evaluation No
    Written Board Selection Criteria Yes
    Board Conflict of Interest Policy Yes
    % of Board Making Monetary Contributions 80
    % of Board Making In-Kind Contributions 60
    Standing Committees
    Board Governance
    Communications / Promotion / Publicity / Public Relations
    Donor Services
    Governance Comments by Organization
    The Board contributes in various ways to the success of the Foundation. Some through financial support, others by referrals of clients and friends, others by in-kind support, and all though community awareness.
    Governance Comments by Foundation
    Fiscal Year Projections
    Fiscal Year Begins 2015
    Fiscal Year Ends 2015
    Projected Revenue $75,900.00
    Projected Expenses $343,345.00
    Total Projected Revenue includes "in-kind" contributions/ donations
    Endowment Value
    Endowment Spending Policy
    Endowment Spending Policy %
    Capital Campaign
    In a Capital Campaign No
    Campaign Purpose
    Campaign Goal
    Campaign Dates 0 to 0
    Amount Raised To Date 0 as of 0
    Anticipate Campaign within 5 years?
    IRS Form 990s
    Audit/Financial Documents
    Historical Financial Review
    Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
    Fiscal Year201420132012
    Foundation and
    Corporation Contributions
    Government Contributions$0$0$0
    Individual Contributions$318,686$1,067,311$166,363
    Investment Income, Net of Losses$470,999$613,667$388,785
    Membership Dues$0$0$0
    Special Events$0$0$0
    Revenue In-Kind$17,190$537,457$35,420
    Expense Allocation
    Fiscal Year201420132012
    Program Expense$619,278$570,436$1,501,331
    Administration Expense$68,876$89,717$86,048
    Fundraising Expense$14,695$25,017$24,016
    Payments to Affiliates$0$0$0
    Total Revenue/Total Expenses1.122.450.29
    Program Expense/Total Expenses88%83%93%
    Fundraising Expense/Contributed Revenue5%2%14%
    Assets and Liabilities
    Fiscal Year201420132012
    Total Assets$6,599,244$5,808,834$4,833,742
    Current Assets$1,210,036$3,368,423$4,364,076
    Long-Term Liabilities$1,000,000$0$0
    Current Liabilities$13,734$16,446$15,427
    Total Net Assets$5,585,510$5,792,388$4,818,315
    Top Funding Sources
    Fiscal Year201420132012
    Top Funding Source & Dollar AmountInvestment Income $470,999Contributions, gifts, grants $1,067,311Investment Income $388,785
    Second Highest Funding Source & Dollar AmountContributions, gifts, grants $318,686Investment Income $613,667Contributions, gifts, grants $166,363
    Third Highest Funding Source & Dollar Amount0 $00 $0Fund Management Fees $51,022
    CEO/Executive Director Compensation $50,001 - $75,000
    Co-CEO/Executive Director Compensation
    Tax Credits No
    Short Term Solvency
    Fiscal Year201420132012
    Current Ratio: Current Assets/Current Liabilities88.11204.82282.89
    Long Term Solvency
    Fiscal Year201420132012
    Long-Term Liabilities/Total Assets15%0%0%
    Financials Comments
    Financial Comments by Organization
    Financial Comments by Foundation Foundations and corporations are included with individual contributions as they are not separated in the 990 or audit.  Financial figures taken from IRS Form 990.  990 and audit reconciled.
    Nonprofit Charlotte Community Foundation, Inc.
    Address 227 Sullivan Street
    Punta Gorda, FL 33950
    Phone 941 637-0077