Community Foundation of Sarasota County, Inc.
2635 Fruitville Road
Sarasota FL 34237

Community impact powered by philanthropy.

CEO/Executive Director Roxie Jerde
Board Chair Mr. Richard Gans
Board Chair Affiliation Fergeson, Skipper, Shaw, Keyser, Baron & Tirabassi, P.A.
General Info
Former Names
Sarasota County Community Foundation
Tax Exempt Status Public Supported Charity
Incorporation Year 1979
State Charitable Solicitations Permit Yes Jan 2019
State Registration Yes 0
Financial Summary
IRS Letter of Determination
IRS Letter of DeterminationView
Impact Statement
  • Grants:  More than $33 million in grants awarded in 2016-2017.
  • Scholarships: More than $1.8 million in scholarships awarded in 2016-2017.
  • Together with our community partners, the Campaign for Grade Level reading continues it's success in Sarasota County.
  • In partnership with The Patterson Foundation, we designed innovative strategies and funding models to address issues such as emergency assistance and arts education. 
  • The 2016 Giving Challenge:  Spearheaded by the Community Foundation of Sarasota County with giving strengthened by The Patterson Foundation, resulted in $13.4 million being raised for nonprofit organizations addressing local needs.
  • Professional Advisors: We provided a series of top-level seminars for continuing education credit to hundreds of local professional advisors.
Needs Statement
The Community Foundation of Sarasota County seeks caring individuals to contribute to our various community campaigns. In many cases, matching dollars are available:
  1. Season of Sharing: Helping individuals on the verge of homelessness in Sarasota, Manatee, Charlotte and Desoto counties. 
  2. Student Emergency Fund: Assists students in Sarasota County with basic needs. 
  3. EdExploreSRQ: Providing students with explorations that connect classroom learning to community arts, science and history experiences at local nonprofit organizations. 
  4. Two-Generational Approach to Education - Alta Vista Elementary School Fund: Supporting the 7-week two-generation enrichment program during summer for children entering kindergarten and first grade. The program includes mandatory weekly Parent University classes and opportunities for qualified parents to advance their own education.
Background Statement
Founded in 1979 by the South West Florida Estate Planning Council, the Community Foundation of Sarasota County was built donor by donor as a trusted philanthropic home for individual charitable passions, honoring donor intentions into perpetuity. The Foundation now holds over 1,400 charitable funds, most of which are endowed, providing annual support to hundreds of local nonprofit organizations. We are one of the largest community foundations in the state of Florida by asset size.
Areas Served
Areas Served
FL- Sarasota
FL- Manatee
FL- DeSoto
FL- Charlotte
Areas Served Comments
Our primary service area is all of Sarasota County, including South County, but we also provide support to many charitable organizations throughout the the United States under the advisement of our generous donors.
Service Categories
Primary Org Type Philanthropy,Voluntarism & Grantmaking Foundations
Secondary Org Type
Tertiary Org Type
Statement from the Board Chair/Board President

Serving as the chair of the Community Foundation of Sarasota County, I have the pleasure of leading an engaged board of directors that contributes time, talent and treasure to this locally and nationally recognized organization. I first became involved with the Community Foundation ten years ago, volunteering my time as a nonprofit consultant, offering support with human resources, organizational assessments and other projects building nonprofit strength. As a retired executive with Federated Department Stores, I combine corporate experience with a love for philanthropy in my role at the Community Foundation. Our board continues to evolve in its flexibility, diversity and strength as the organization grows.
Partnering with donors to help them creative positive results with their philanthropy is privileged work. I am proud of the Community Foundation’s long history here in Sarasota.

-Kathie Roberts, Chair, Board of Directors 

Statement from the CEO/Executive Director
The Community Foundation is proud of its founding by the Southwest Florida Estate Planning Council over 35 years ago to ensure donor's intentions would be honored and legacy gifts wisely invested in the community.  Having grown to be the 60th community foundation (ranked by asset size) in the country is a testament to the trust donors and professional advisors have in us.  With a board of well respected community leaders and a talented staff, our commitment to serving donors and ensuring their intentions are wisely followed is paramount in all we do.  In order to carry out donor intentions, we partner with nonprofits.  We also invest in nonprofits to enable them to become more effective and efficient through trainings and pro bono consultations by retired executives. 
Many generous Community Foundation donors share a passion for education. Our approaches leverage national research and initiatives such as the Campaign for Grade Level Reading, the Kennedy Center's Any Given Child initiative, and the Two-Generation Approach at Aspen Institute's Ascend. We are working to make a lasting impact to:
  • Achieve school readiness.
  • Boost grade level reading. 
  • Integrate arts & education (Any Given Child).
  • Enhance classroom learning and statewide curriculum with arts & science explorations at local museums, theatres, and other science, arts and cultural organizations (EdExplore SRQ).
  • Help high school students and adult students achieve their dreams for higher education with scholarships. 
Budget $1,700,000
Category Education, General/Other Early Childhood Education
Program Linked to Organizational Strategy Yes
Population Served Children and Youth (0 - 19 years) Families Adults
Short Term Success
Alta Vista Elementary School is a working laboratory for our school readiness and grade level reading work. Over 68 Alta Vista single mothers have obtained their CNA to advance their education and better take care of their families. Meanwhile, their children attended a vibrant summer camp with an emphasis on reading to eliminate the devastating reading gap which often places students years behind their peers. This 7-week program includes two meals per day for students, after care services and a Parent University.
Long Term Success
Education is the key to every aspect of individual and societal success. Some of our most important work begins at the pre-K level and extends through third grade, the stage at which achievement in grade-level reading is often gauged to determine a child's likelihood at future success.
Since 2012, the percentage of students at Alta Vista Elementary School who are reading at grade-level has increased from 54% to 73% in the third grade.
Combined with our two-generation strategy to address poverty through education (parents as well as students), the opportunities to impact lasting change and increase quality of life are enormous.
Program Success Monitoring
For school readiness and grade level reading, success can easily be monitored with existing assessments such as the ECHOES test, FCAT scores, and tracking individual student progress with student ID numbers.
Program Success Examples

The Alta Vista Elementary School program was initially piloted by Dr. Barbara Shirley in the summer of 2012. The program was instrumental in the success of students entering kindergarten. Each year, the number of students registered for this pre-K program increases. 

Season of Sharing:  Since 2000, the Community Foundation has partnered with the Herald-Tribune Media Group to administer this annual campaign providing essential assistance for individuals/families on the verge of homelessness. With the in-kind administrative support of the Community Foundation, media and agency partners, 100% of collected donations go directly to those in need for rent/mortgage (59% of funds), utilities (37%) and other needs (4%). 
The Student Emergency Fund:  One-time, last-resort urgent funding for students in need. Students enrolled in the public school system who have an emergency need with no other sources are eligible. The program will pay for clothing and personal items; one-time medical and/or dental treatment and medicine for urgent treatment; one-time vision care; transportation—urgent or short term; food for students/families in one-time urgent situations.
Both funds have generous matching support from The Patterson Foundation.
Budget $1,720,000
Category Human Services, General/Other
Program Linked to Organizational Strategy Yes
Population Served Poor,Economically Disadvantaged,Indigent At-Risk Populations At-Risk Populations
Short Term Success
Since 2010, with the help of citizen philanthropists, Community Foundation donors, and a generous match from The Patterson Foundation, the Season of Sharing campaign has assisted over 14 thousand individuals/families helping to stabilize our community's most vulnerable citizens.
With support from the Student Emergency Fund, educational success of students will be unencumbered by the need for glasses, a warm coat or other essentials that can prevent full access to learning.
Long Term Success
Season of Sharing has raised and distributed more than $15 million since its inception. The partnership is enhanced by a collaboration of media partners; significant matching dollars from The Patterson Foundation, the Charles and Margery Barancik Foundation, the William G. and Marie Selby Foundation and other funders; and donors who provide both large and small contributions.  Hundreds of local families in Sarasota, Manatee, Charlotte and DeSoto counties have been rescued from the brink of homelessness.
One-time assistance for rent, mortgage, or electricity payments keeps Season of Sharing families in their homes and helps avoid the impact of increased homelessness--which further taxes our human service agencies and local governments.
Program Success Monitoring
  • A database used by the 10 human service agencies receiving Season of Sharing funds tracks recipients of funds.
  • Stories from case workers (shared in media outlets) of clients helped by funds who can stay in their homes are abundant.
  • The overwhelming dollars raised by public support alone demonstrate the success of this multi-county fundraising effort.
Program Success Examples
Endless articles about the success of Season of Sharing and its impact on individuals and families can be found at
Monthly training, consulting services and other resources help nonprofits operate more effectively and efficiently, increasing the impact of donor dollars. The Giving Partner--managed and funded by the Community Foundation of Sarasota County with support from additional funding partners Manatee Community Foundation and The Patterson Foundation--identifies nonprofit capacity building needs and helps us form a strategy to address them in partnership with local organizations.
Budget $180,000
Category Philanthropy, Voluntarism & Grantmaking, General/Other Comprehensive Grantmaking
Program Linked to Organizational Strategy Yes
Population Served General/Unspecified General/Unspecified General/Unspecified
Short Term Success
Increasing knowledge of effective nonprofit management helps organizations better position themselves for success with financial sustainability, strong governance models, thoughtful communications, and better approaches to fund development.
Long Term Success
  • Nonprofits can deliver services more effectively, based on sound management, governance, program and finances.
  • The rich community knowledge available in The Giving Partner will lead to better investment of philanthropic dollars and increases in giving.
  • A more cohesive philanthropic community will be built as funders work more closely together.
Program Success Monitoring
  • New plans, policies and strategies developed as a result of trainings and consulting sessions.
  • Annual sector reports from The Giving Partner, tracking positive changes in key indicators of nonprofit health, as reported by nonprofits and verified by foundation staff.
  • Informal donor surveys to monitor use of The Giving Partner data in philanthropic decision-making. 
  • More than $250,000 awarded to nonprofits through a simple, small grant process for organizations with profiles in The Giving Partner.
Program Success Examples
  • Since 2012, donors from throughout our region have shown their love for local nonprofit organizations. The 2016 Giving Challenge raised more than $5.6 million through 63,567 gifts, with an added $7.5 million in matching funding from The Patterson Foundation. In total, $13,386,909 was raised to support 559 local organizations located in or serving Sarasota, Manatee, Charlotte and DeSoto counties. 
  • The Community Foundation continues to provide capacity building services to local nonprofits.
The Community Foundation enriches the experience of giving for current and prospective donors with opportunities to deepen their understanding of effective philanthropy. Our programs include Giving U, small group sessions with philanthropic thought leaders; Camp Giving, a fun and enriching exposure to philanthropy for children and tweens; and one-on-one charitable review sessions to discuss philanthropic passions and maximizing giving.
Budget $196,750
Category Philanthropy, Voluntarism & Grantmaking, General/Other
Program Linked to Organizational Strategy Yes
Population Served Adults Children and Youth (0 - 19 years) Children and Youth (0 - 19 years)
Short Term Success
In the short-term, donors who are exposed to compelling social ideas, mechanisms for wise giving and choices for giving become more actively engaged in their own philanthropy--seeking solutions and applying their own knowledge to help inform positive change. Donors are also working together with other like-minded donors to co-fund projects.
Long Term Success
When donors build their knowledge about effective giving, they maximize their philanthropic investments. Their generosity supports more effective, efficient and innovative organizations and programs that make the most long-term impact in our community. Strategic giving can also advance strong nonprofit management, as organizations quickly understand the role of best practices in sustaining long-term funding.
Many studies have shown that engaged donors also give more.
Program Success Monitoring
In the short-term, we measure our success with positive survey results from philanthropic programs, donor satisfaction surveys, new funds established at the Community Foundation, and increases to funds at the Community Foundation. In the long-term, we measure our success with increased endowed funds and growing assets, which translate to more philanthropic dollars distributed in our community. 
Program Success Examples
Examples of program success include: nearly perfect scores in donor satisfaction surveys each year; weekly stories of donors finding perfect matches for their philanthropic passions with grants to nonprofits; donors connecting with each other to leverage their impact; and over time, increased assets.
Program Comments by Organization
Our community investment focuses on areas where community need and donor intention intersect. 
Our education work is funded in large part by the generosity of Mrs. Nobbe who left over $15 million to be invested in education.  We are committed to improve the 3rd grade reading rate, a pivotal milestone for success in school and life.  We partner with the school district and nonprofits to improve the reading rate. 
Our partnership with the Herald Tribune Media Group has kept thousands of families in their homes who were on the verge of homelessness. 
For donors, we offer philanthropic education sessions throughout the year to be a resource for strategic giving. 
For nonprofits, their profile in The Giving Partner assists with determining areas of greatest need for which we provide training and consulting sessions to help nonprofits be more effective and efficient.
CEO/Executive Director
CEO/Executive Director Roxie Jerde
CEO Term Start Mar 2011
CEO/Executive Director Email
Roxie Jerde has served as President and CEO of the Community Foundation of Sarasota County since March 2011. She has been a leader in numerous community collaborations including Campaign for Grade Level Reading, Any Given Child and EdExploreSRQ. She is the Chair of the Community Foundations of Florida group of Florida Philanthropic Network and serves on the Community Foundation Committee for the Southeastern Council on Foundations.
Roxie served as Senior Vice President for Donor Relations and Education at the Greater Kansas City Community Foundation, one of the largest community foundations in the nation and widely regarded as a thought leader in philanthropy.  In this role she spearheaded many innovative initiatives, including the development and implementation of DonorEdge, an online tool that enables donors to evaluate their philanthropic choices. 
Roxie has also held a number of senior marketing and product-development positions at for-profit companies, including an 11-year career at Hallmark Cards. She holds a BBA in Marketing and Management from the University of Iowa and an MBA in Finance and Organizational Behavior from the University of Missouri-Kansas City.

In addition to her work with the community foundation, she has served in leadership positions on several nonprofit boards, including the Kansas City Affiliate of Susan G. Komen for the Cure, MOCSA (Metropolitan Organization to Counter Sexual Assault), the Junior League and the Kappa Kappa Gamma Alumnae Association.
Former CEOs/Executive Directors
Stewart W. Stearns -
Senior Staff
Ms. Erin Jones Vice President, Finance
Betsy Pennewill Corporate Counsel
Ms. Laura Spencer Chief Financial Officer
Marlo Turner Senior Vice President, Donor Engagment
Staff & Volunteer Statistics
Full Time Staff 26
Part Time Staff 0
Staff Retention Rate % 92
Professional Development Yes
Contractors 2
Volunteers 102
Management Reports to Board Yes
CEO/Executive Director Formal Evaluation Yes
Senior Management Formal Evaluation Yes
Non-Management Formal Evaluation Yes
Collaborations with professional advisors, donors, nonprofits and other institutions are paramount to our work. A few of our most important programmatic collaborations include:
  • The Giving Partner
  • Student Emergency Fund: with The Patterson Foundation and the School Board of Sarasota County
  • EdExplore SRQ: with The Patterson Foundation and the Education Foundation of Sarasota County
  • Season of Sharing: with Herald-Tribune Media Group, The Patterson Foundation and others (see program section).
  • The Guide to Giving:  with Sarasota Magazine
  • Campaign for Grade-Level Reading:  with Annie E. Casey Foundation, The Patterson Foundation, Early Learning Coalition of Sarasota County, Boys & Girls Clubs of Sarasota County, Sarasota County Schools and others.
Council on Foundations - Member1986
Southeastern Council of Foundations1990
Florida Philanthropic Network
External Assessments and Accreditations
Council on Foundations National Standards for U.S. Based Community Foundations2011
Awards & Recognition
Wilmer Shields Rich AwardCouncil on Foundations2010
Risk Management Provisions
Accident and Injury Coverage
Business Income
Commercial General Liability
Computer Equipment and Software
Crime Coverage
Directors and Officers Policy
Disability Insurance
Employee Benefits Liability
Employee Dishonesty
Employment Practices Liability
Fiduciary Liability
General Property Coverage
Improper Sexual Conduct/Sexual Abuse
Life Insurance
Medical Health Insurance
Professional Liability
Risk Management Provisions
Special Event Liability
Umbrella or Excess Insurance
Workers Compensation and Employers' Liability
Fundraising Plan Yes
Communication Plan No
Strategic Plan No
Strategic Plan Years
Strategic Plan Adopted 0
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 Yes
Management Comments by Organization
The Community Foundation has organizational success measures from which team and individual success measures are derived.  Our performance management process ensures that everyone is contributing to the success of the organization.  Every employee also has a professional development plan to continue honing their skills and talent.  In FY 2014-2015, an employee satisfaction survey was conducted with excellent results.
Board Chair
Board Chair Mr. Richard Gans
Company Affiliation Fergeson, Skipper, Shaw, Keyser, Baron & Tirabassi, P.A.
Board Term June 2017 to May 2018
Board Chair Email
Board Members
Board Members
Daniel DeLeo Shumaker, Loop & Kendrick, LLP
Mr. Patrick Dorsey Publisher - Herald Tribune Media Group
C.J. Fishman Fishman & Associates
Richard Gans Fergeson, Skiper, Shaw, et. al
Rick Gomez Northern Trust
Donna Koffman Community Volunteer
Rodney Linford Retired
Kelvin Lumpkin Senior Pastor, Light of the World International Church
Jeffrey McCurdy Guardsman Private Capital Management
Nelle S. Miller Community Volunteer
Michael R. Pender Jr.Cavanaugh & Co.
Drayton Saunders President, Michael Saunders & Company
Felice Schulaner Community Volunteer
William M. Seider Williams Parker Harrison Dietz & Getzen
Richard Smith CPAChristopher, Smith, Leonard, Bristow, Stanell & Wells, P.A.
Andrew Stultz President & Owner, Atlas Building Company of Florida
Marilyn Thompson Volunteer, Retired Johnson & Johnson
Terri Vitale Tandem Enterprises
Mary Lou Winnick Volunteer
Constituency Includes Client Representation No
Board Ethnicity
African American/Black 3
Asian American/Pacific Islander 0
Caucasian 15
Hispanic/Latino 1
Native American/American Indian 0
Other 0 0
Board Gender
Male 13
Female 6
Unspecified 0
Board Term Lengths 3
Board Term Limits 3
Board Orientation Yes
Number of Full Board Meetings Annually 7
Board Meeting Attendance % 79
Board Self-Evaluation Yes
Written Board Selection Criteria Yes
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 100
% of Board Making In-Kind Contributions
Standing Committees
Board Governance
Governance Comments by Organization
From the Community Foundation's initial founding board made up of members of the Southwest Florida Estate Planning Council in 1979 to our current board made up of community leaders, our commitment to community is unwavering.  The diversity of skills, ages and ethnicity enables our board to be diverse and inclusive.  
Fiscal Year Projections
Fiscal Year Start Month July
Fiscal Year Start Day 01
Fiscal Year Begins 2017
Fiscal Year End Month June
Fiscal Year End Day 30
Fiscal Year Ends 2018
Projected Revenue $3,481,470.00
Projected Expenses $3,481,470.00
Organization has Endowment Yes
Endowment Value $194,000,000.00
Endowment Spending Policy Percentage
Endowment Spending Policy % 4.75
Capital Campaign
Currently In a Capital Campaign No
Anticipate Campaign within 5 years? No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
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 Year201620152014
Foundation and
Corporation Contributions
Government Contributions$0$0$0
Individual Contributions$45,165,414$26,800,113$24,342,882
Investment Income, Net of Losses($2,475,012)$13,524,058$24,540,106
Membership Dues$0$0$0
Special Events$0$0$0
Revenue In-Kind$0$0$0
Expense Allocation
Fiscal Year201620152014
Program Expense$26,891,987$17,866,325$20,546,739
Administration Expense$4,085,810$4,172,533$3,838,389
Fundraising Expense$0$0$0
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.351.832.04
Program Expense/Total Expenses87%81%84%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$304,294,808$292,099,560$273,036,660
Current Assets$290,174,376$279,364,864$260,287,115
Long-Term Liabilities$0$0$0
Current Liabilities$37,351,011$36,108,807$35,240,967
Total Net Assets$266,943,797$255,990,753$237,795,693
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountContributions, gifts, grants $45,165,414Contributions, gifts, grants $26,800,113Investment Income $24,540,106
Second Highest Funding Source & Dollar Amount0 $0Investment Income $13,524,058Contributions, gifts, grants $24,342,882
Third Highest Funding Source & Dollar Amount0 $00 $0Other $891,765
CEO/Executive Director Compensation $200,001 - Plus
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities7.777.747.39
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Organization
CFSC's financials are comprised of our corporate and trust structure and the supporting organizations of the Manatee Community Foundation and the Lee Wetherington Foundation.  CFSC is committed to prudent fiscal management.  Under CFO Laura Spencer's leadership, we have streamlined processes allowing for cost savings and greater efficiencies.  Our investments are guided by an experienced Investment Committee who oversee the investment portfolio, review annually the Investment Policy Statement and meet with portfolio management.  The goal of our investment strategy is to grow principal within a moderate risk tolerance.  The Operating budget is overseen and reviewed by the Finance Committee  and approved by the board.  Each board meeting includes a budget update to ensure CFSC is managing within budget. 
Financial Comments by Foundation Foundations and corporations are included with individual contributions as they are not separated in the 990 or audit.  Financial figures are taken from the audited financial statements.  The Federal 990s and audited financial statements are reconciled.
Nonprofit Community Foundation of Sarasota County, Inc.
Address 2635 Fruitville Road
Sarasota, FL 34237
Phone 941 955-3000

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