We are pleased to provide
the following summary of financial
information about the Community
Foundation of Tampa Bay. Our fiscal
year is July 1 through June 30. Additional
information is available by calling the Foundation office at 813.282.1975.
Founded: 1990
2009
Assets
as of December 31, 2009:
$133 million
Number of Funds FYE
2009:
690
Gifts Received
FYE 2009:
$12.8 million
Grants Made
FYE 2009:
$10.3 million
Grants Distributed Since 1990:
$100+
million
INVESTMENT PERFORMANCE:
For the period ended June 30, 2009, the Foundation's annualized rate of return on its investments was
6.73% since inception. The majority of the Foundation's funds are invested with 14 money managers. The asset allocation is relatively stable with 65% equity, 30% fixed income, and 5%
in specialty/alternative investments.
Investment performance and asset allocation are under the control of an investment policy overseen by a volunteer
Investment Committee comprised of nine members including Trustees, Council members, and an investment consulting
firm.
The Foundation is also in accordance with the laws of the State of Florida in maintaining a gift annuity reserve fund.
OPERATING EXPENSES:
For the 2008-2009 fiscal year, operating expenses were $1,066,860. This is less
than one percent (.0098)
of the total assets
of the Foundation.
FINANCIAL STATEMENTS AND TAX RETURNS:
A copy of the certified financial audit and copies of our most recent IRS Form 990 can be obtained on our website or by calling our Chief Financial Officer at the Foundation at 813.282.1975. In addition, the following financial information may also be requested:
Confirmed in Compliance With National Standards for U.S. Community Foundations Community Foundation of Tampa Bay, Inc. | 550 North Reo Street, Suite 301 | Tampa, FL 33609 | 813.282.1975 | Fax 813.282.3119 Privacy Policy | (C) 2010 Copyright Community Foundation of Tampa Bay. Designed bySulzer Design Group
Confirmed in Compliance With National Standards for U.S. Community Foundations