# Hillsborough Community College Foundation

Hillsborough Community College Foundation is an Endowment / Foundation based in Tampa, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Tampa, United States
- **Region:** North America
- **Address:** Tampa, FL, United States
- **Founded:** 1974
- **Assets under management:** Undisclosed
- **Website:** hccfoundation.com
- **LinkedIn:** linkedin.com/company/hillsborough-community-college-foundation-inc

## Regulatory record

- **Reports private funds:** No

## About

The Hillsborough Community College Foundation operates as the primary philanthropic and asset-management vehicle for Hillsborough Community College, a multi-campus institution serving the Tampa Bay region. Executive Director L. Garrett Weddle leads the foundation, with oversight from a board that includes HCC President Dr. Ken Atwater and representatives from GTE Financial and KPMG. The foundation's endowment corpus is not publicly disclosed, and its structure reflects the narrower, mission-aligned posture common to community-college foundations: channeling gifts into scholarships and direct campus infrastructure rather than diversified multi-asset portfolios. The foundation's deployment is concentrated in real estate and mission-adjacent physical assets held across HCC's campuses. Holdings include the Hawks Landing Student Housing facility and the HCC Tennis Complex, both located on the Dale Mabry Campus in Tampa, as well as the English Creek Environmental Studies Center in Plant City. This asset base supports student life programming and environmental education initiatives. A small cultural allocation appears in the form of the Rick Sanders Art Collection, housed in Gallery 221 on the Dale Mabry Campus. The foundation does not publicly report venture capital commitments, fund investments, or co-investment activity, positioning it as a steward of tangible, college-serving assets rather than a financial allocator in the endowment-model sense. Board governance ties the foundation directly to the college's administration and to regional corporate leaders. Dr. Atwater's dual role as college president and board member ensures tight alignment between the foundation's priorities and HCC's strategic plan. Board Chair Scott Goldbach represents GTE Financial, while Development Chair Nadine Fahim brings a KPMG lens to fundraising operations. Major donor Pradip C. Patel has funded scholarships specifically for first-generation students, signaling a philanthropic pattern oriented toward direct student aid rather than endowment-building at scale. The foundation's office sits at 4115 N Lois Avenue in Tampa, physically separate from the main campus but within the same zip code. The foundation's structural differentiator is its embedded-campus-asset model. Unlike large university endowments that operate as quasi-institutional asset managers, HCCF functions as a direct owner and steward of college-tied real property. This blurs the line between a foundation and a campus auxiliary services corporation, a governance architecture that keeps all assets physically and legally tethered to the educational mission they serve. Succession risk remains undefined in publicly available materials, as does any long-term policy for portfolio diversification beyond the current real-estate-heavy footprint.

## Sectors

- Education

## People

- Dr. Ken Atwater — President of Hillsborough Community College and Foundation Board Member
- L. Garrett Weddle — Executive Director
- Scott Goldbach — Board Chair
- Nadine Fahim — Development Chair

## Questions

### Who runs investment decisions at the Hillsborough Community College Foundation?

Executive Director L. Garrett Weddle oversees day-to-day operations and asset stewardship. The foundation's board, chaired by Scott Goldbach of GTE Financial, provides governance and strategic direction. Unlike larger endowments, the foundation does not publicly disclose a chief investment officer or investment committee structure, reflecting its focus on directly held campus real assets rather than liquid portfolio management.

### What is the foundation's relationship to Hillsborough Community College?

The foundation is a legally separate philanthropic entity that exists solely to support Hillsborough Community College. The college president, Dr. Ken Atwater, sits on the foundation board, ensuring direct alignment with HCC's strategic goals. This relationship is typical of community-college foundations: the foundation raises and stewards private funds, while the college directs the educational mission those funds support.

### Where does the foundation's funding come from?

HCCF is funded through private donations from individuals, corporations, and grant-making organizations in the Tampa Bay region. Named donors include Pradip C. Patel, who has supported first-generation student scholarships. Board members from GTE Financial and KPMG also reflect corporate philanthropic partnerships that channel support to the foundation.

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- [Hickey Family Foundation](https://altss.com/profile/hickey-family-foundation-hff)
- [HNA Mutualidad de los Arquitectos y Químicos](https://altss.com/profile/hna-mutualidad-de-los-arquitectos-y-qu-micos-hna)

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Last updated: 2026-06-03T20:00:00.000Z

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