Public Disclosures
CFSLC Financial Documents
Public Disclosures
It is the pleasure and policy of the Community Foundation of South Lake to post on this website and have available for public inspection, upon request and without charge, a copy of the Foundation’s Annual Audit and IRS Form 990 and 990-T (if any is filed by the Foundation).
If there is other information you are interested in, please contact Haleigh Smith at 352-394-3818 or email her.
2019-2020 Financials
2018-2019 Financials
IRS Form 990
Independent Audit
2017-2018 Financials
2016-2017 Financials
IRS Form 990
Independent Audit
2015-2016 Financials
IRS Form 990
Independent Audit
Important Information
Minimum Fees for Maximum Impact
- $350 fee for $10,000 – $20,000
- 1.75% fee for $20,001 – $50,000
- 1.50% fee for $50,001- $1 million
- 1.0% fee for $1 million +
- The annual fees are charged monthly (One-twelfth of total fee, per month)
- All fund-holders must maintain a minimum balance of $10,000
- Fund-holders below $20,000 will be limited to 4 disbursements per year.
- Annual support fees are in tiers:
- $0 additional fees for basic support benefits
- $250 to include basic support benefits as well as collecting, categorizing and providing of student applications.
- $500 to include the above support benefits, utilization of software and additional support time.
- Administrative fee percentages (1.5%)
- Minimum $10,000 to establish new scholarship funds (must maintain $10,000 balance after disbursements)