We are pleased to provide the following summary of financial information about the Community Foundation of Tampa Bay for fiscal years ended June 30. Additional information is available by calling the Foundation office at 813.282.1975.
Founded: 1990
2006
2007
Current Assets:
$121.5 million
$147.8 million
Gifts Received:
$27.4 million
$18.3 million
Grants Made:
$9.1 million
$10.2 million
Grants Distributed Since 1990:
$71.9 million
$82.1 million
Number of Funds:
510
654
INVESTMENT PERFORMANCE:For the period ended June 30, 2007, the Foundation's annualized rate of return on its investments was 9.64%
since inception.
The majority of the Foundation's
funds are invested with 13 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
five members including Trustees, Council members, and an investment consultant. 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 2006-2007 fiscal year, operating expenses were $972,131. This is less than seven-tenths of one percent (.0066) of the total assets of the Foundation. FINANCIAL STATEMENTS AND TAX RETURNS: Copies of our most recent IRS Form 990 can be obtained by calling our Chief Financial Officer at the Foundation at 813.282.1975. In addition, the following financial information may also be requested:
Investment Fund Managers
Foundation Fee Schedule
Investment Committee Members
Investment Performance Report
Certified Financial Audit
Net Assets by Fund Type as of June 30, 2007
Community Foundation Assets as of June 30, 2007
Pooled Investment Account Performance Summary Through June 30, 2007
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) 2007 Copyright Community Foundation of Tampa Bay. Designed bySulzer Design Group
Confirmed in Compliance With National Standards for U.S. Community Foundations