Mount Dora Community Trust

What Mount Dora Community Trust does

Mount Dora Community Trust (MDCT) is a 501(c)(3) tax-exempt publicly supported community foundation established in 1972 and headquartered at 821 North Donnelly Street, Mount Dora, Florida, operating exclusively within Lake County. The foundation functions as a pooled charitable giving vehicle, currently administering 103+ named funds that span unrestricted, field-of-interest, donor-advised, scholarship, designated beneficiary, and corporate endowment structures. Its core products are community grants to local nonprofits, 20+ student scholarship programs (with applications open January 1 to March 20 annually), and legacy planning services for donors establishing perpetual charitable funds. Distribution is governed by a five-member volunteer Distribution Committee and administered by a 5-6 person staff.

MDCT operates a modest technology stack purpose-built for community foundation workflows: Salesforce serves as the donor management and CRM system, Grant Interface (grantinterface.com) provides three self-service portals (Online Grant Interface for grantseekers, Scholarship Hub for students, Fund Holder Portal for existing fund holders), Givelively processes online donations for signature events, and FIS Global ClientPoint provides the trust account login layer for the Trustee (The First National Bank of Mount Dora, which has served as Trustee since inception). The Scholarship Hub includes an eligibility quiz to match students to applicable scholarships, and the Online Grant Interface supports application tracking end-to-end.

Revenue mechanics are those of a community foundation: charitable contributions from individuals, families, and businesses (accepting cash, appreciated securities, retirement assets, real estate, and bequests), investment management of endowed funds via the bank Trustee, and administrative fees on managed funds. The organization does not publicly disclose pricing, and grantmaking and scholarship services are offered free of charge to recipients. Annual community engagement is anchored by the signature Giving Week event (a contest-format fundraiser with matching funds and prizes) and the Youth Philanthropy Council program. Strategic distribution occurs through the foundation's website, Facebook presence, quarterly newsletters, annual reports, and direct contact via phone and email.

Name

Mount Dora Community Trust

Legal name

Mount Dora Community Trust

Website

https://mountdoracommunitytrust.com

Company type

Private

Founded year

1972

Operating status

Operating

Short description

Mount Dora Community Trust is a 501(c)(3) community foundation established in 1972 in Mount Dora, Florida, administering 103+ charitable funds and distributing grants to local nonprofits and scholarships to Lake County students under a Trustee partnership with The First National Bank of Mount Dora.

Ownership category

akta.pro rank

Product category

Community Foundation / Charitable Grantmaking

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

Philanthropic & Charitable Trust Services (FSAAANAI), Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Family Offices & Philanthropic Advisors (Grantmaking) (BPAGAKAD), Major Gifts, Planned Giving & Endowment Development (EDALAOAC)

Keywords

• Community foundation grants
• Student scholarship programs
• Charitable legacy planning
• Donor-advised funds
• Nonprofit endowment management

Headquarters

HQ city

Mount Dora

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Charitable Contributions: Receives donations from individuals, families, and businesses to establish charitable funds. Accepts various asset types including cash, appreciated securities, retirement assets, real estate, and bequests. Donors receive tax deductions for contributions.
2. Investment Management: Funds are invested and managed by The First National Bank of Mount Dora as Trustee. Returns on investments support ongoing grantmaking and administrative operations.
3. Administrative Fees: Charges administrative fees for fund management services, enabling the foundation to operate and serve the community.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Mount Dora Community Trust is a 501(c)(3) community foundation that manages 103+ charitable funds and distributes grants to local nonprofits, awards scholarships to students pursuing higher education, and provides legacy planning services for donors to establish charitable funds. The foundation invests and manages donated assets through its Trustee (First National Bank of Mount Dora), then deploys returns and principal as community grants and scholarships within Lake County, Florida.

Product overview

Mount Dora Community Trust is a 501(c)(3) community foundation established in 1972 that operates as a unified charitable giving platform offering multiple interconnected services: community grants to local nonprofits, student scholarships (with over 20+ available), legacy planning services for establishing charitable funds, and the Youth Philanthropy Council program for students. The organization manages 103+ funds under its umbrella including Unrestricted Funds, Field-of-Interest Funds, Donor-Advised Funds, Scholarship Funds, Designated Beneficiary Funds, and Corporate Endowments. Annual events like Giving Week and the Senior Citizens Prom engage the community, while tools like the Online Grant Interface and Scholarship Hub provide access to these services.

Differentiator

Problem solved

Functional benefit

Products and services

• Community Grants Grants awarded to local nonprofit organizations operating in Lake County, focused on the Mount Dora area, supporting various community needs including education, arts, historic preservation, animal welfare, and underserved communities.
• Student Scholarships

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Schwab Charitable: Major national donor-advised fund program. Represents the primary alternative vehicle for Mount Dora-area donors with philanthropic interests extending beyond Lake County, posing direct competitive risk to MDCT's fund establishment pipeline.
• National Christian Foundation: Large national DAF provider with strong Florida donor presence. Offers donor-advised funds with faith-based giving focus that intersects with MDCT's Minister/Church-affiliated community connections through its Distribution Committee.
• Fidelity Charitable: Largest national donor-advised fund sponsor. Competes for legacy and major-gift dollars from the same donor pool MDCT serves, but offers national grantmaking reach that MDCT's Lake County restriction cannot match.

Direct peers

• Community Foundation of Tampa Bay: Long-established Florida community foundation offering donor-advised funds, scholarship administration, and discretionary grantmaking. Provides a benchmark for what a Florida community foundation at significantly larger scale looks like.
• Community Foundation of Broward: Florida-based community foundation serving Broward County with a comparable model of pooled funds, donor-advised giving, scholarship administration, and local nonprofit grantmaking. Direct functional peer in the same state.
• Greater Cincinnati Foundation: Mid-sized community foundation in another U.S. metro with comparable fund umbrella, scholarship administration, and legacy planning services. Useful scale and structural benchmark for MDCT's potential trajectory.
• Community Foundation of Central Florida: Regional community foundation serving Central Florida including parts of Lake County's broader region. Operates the same donor-advised fund, scholarship, and grantmaking model and competes directly with MDCT for Lake County-area donors and legacy gifts.
• Polk County Community Foundation: Mid-sized Florida community foundation offering donor-advised funds, scholarships, and competitive grants to local nonprofits in neighboring Polk County. Similar scale and fund-management structure as MDCT.
• Coastal Community Foundation: Community foundation serving the South Carolina coastal region with similar structure of donor-advised funds, scholarships, and regional grantmaking. Operates at a similar scale and geography-constrained model as MDCT.

Regional players

• Heart of Florida United Way: Central Florida nonprofit that mobilizes charitable giving for local causes through workplace campaigns and grantmaking. Competes for some of the same Mount Dora/Lake County donor dollars, though operating through a different (campaign-based) model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mdcommunitytrust
• LinkedInlinkedin.com/company/mdcommunitytrust

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mount Dora Community Trust