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Filing year 2024

POLK STATE COLLEGE FOUNDATION INC

Winter Haven, Florida·EIN 59-1819213·3
Total revenue
$7.2M
Total assets
$51.4M
Total expenses
$2.7M
Reported officers
32
Mission

POLK STATE COLLEGE FOUNDATION WORKS IN TANDEM WITH POLK STATE COLLEGE TO HELP IT MEET ITS HALLMARKS AND COMMITMENT TO THE COMMUNITY OF ACCESS AND AFFORDABILITY TO HIGHER EDUCATION. SEE SCHEDULE O.SCHOLARSHIPS ARE A KEY WAY THE FOUNDATION ACCOMPLISHES THIS AND, AS SUCH, REMAINS THE FOUNDATION'S NUMBER-ONE FUNDRAISING PRIORITY. THE POLK STATE COLLEGE FOUNDATION IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF COMMUNITY LEADERS, AS WELL AS A STRONG MANAGEMENT TEAM TO ENSURE THAT DONATIONS ARE WISELY MANAGED AND LEVERAGED TO MAXIMIZE THE BENEFIT TO THE STUDENTS. GIFTS AT EVERY LEVEL ARE APPRECIATED AND TRULY MAKE A DIFFERENCE IN THE LIVES OF POLK STATE STUDENTS. SOME STUDENTS, INDEED, NEED HELP PAYING FOR THE MAJORITY OF THEIR TUITION, WHILE OTHERS SIMPLY NEED HELP WITH THE COST OF A BOOK TO BE ABLE TO AFFORD TAKING A CLASS AT POLK.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Executive Director
$47k
$50k
Chief Financial Officer
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 30 unpaid individuals.

Top compensation, year by year

From $11k in 2022 to $47k in 2024.

$11k
2022
$47k
2024
In today's dollarsEst.
Up 295% in real terms$13k to $50k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

POLK STATE COLLEGE FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$6.3M
$2.2M
2022
$3M
$2.3M
2023
$7.2M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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