UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC (EIN 59-0879015)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202431359349313863
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T21:22:23+00:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Crowe LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 East Las Olas Blvd Suite 1100 | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 333014230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590879015 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of South Florida Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 8139741801 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4202 EAST FOWLER AVENUE ALC 100 | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33620 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rob Fischman | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8139741801 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Robert | PersonFirstNm |
| Person Last | Fischman | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRITTNEY KOCAJ | PreparerPersonNm |
| PTIN | P01320603 | PTIN |
| Phone | 9542028600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAY STROMAN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4202 EAST FOWLER AVENUE ALC 100 | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33620 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $196,125,317 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://GIVING.USF.EDU/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO ACCEPT, INVEST AND DISTRIBUTE PRIVATE GIFTS IN SUPPORT OF THE UNIVERSITY OF SOUTH FLORIDA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 780 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $88,583,109 | PYContributionsGrantsAmt |
| CY Contributions Grants | $52,527,060 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,350,380 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,232,464 | CYProgramServiceRevenueAmt |
| PY Investment Income | $50,843,229 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,600,290 | CYInvestmentIncomeAmt |
| PY Other Revenue | $72,471 | PYOtherRevenueAmt |
| CY Other Revenue | $108,355 | CYOtherRevenueAmt |
| PY Total Revenue | $141,849,189 | PYTotalRevenueAmt |
| CY Total Revenue | $68,468,169 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $76,147,833 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $84,545,476 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,159,306 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,601,232 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,274,679 | PYOtherExpensesAmt |
| CY Other Expenses | $15,868,509 | CYOtherExpensesAmt |
| PY Total Expenses | $103,581,818 | PYTotalExpensesAmt |
| CY Total Expenses | $100,413,985 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $38,267,371 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$31,945,816 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $821,074,602 | TotalAssetsBOYAmt |
| Total Assets EOY | $837,528,240 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $34,580,831 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,300,247 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $786,493,771 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $798,227,993 | NetAssetsOrFundBalancesEOYAmt |
| Mission | University of South Florida Foundation, Inc.'s mission is to provide charitable and educational aid to the University of South Florida; to promote education and other related activities of the University; and to encourage research, learning and dissemination of information in which the University is carrying on activities. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $90,873,141 | ExpenseAmt |
| Grant | $84,545,476 | GrantAmt |
| Revenue | $2,232,464 | RevenueAmt |
| Desc | THE FOUNDATION SERVES AS THE OFFICIAL LEGAL CONDUIT FOR THE ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF PRIVATE GIFTS IN SUPPORT OF THE ACTIVITIES AND PROGRAMS OF THE UNIVERSITY OF SOUTH FLORIDA WHICH INCLUDES THE COLLEGES, CAMPUSES, HEALTH, ATHLETICS, AND OTHER APPROPRIATE UNIVERSITY-RELATED UNITS. SUPPORT IS GIVEN TO USF BY PROVIDING FUNDING FOR THE ENDOWED CHAIRS, GRANTS AND STUDENT SCHOLARSHIPS AMONG OTHER ACTIVITIES. | Desc |
| Total Program Service Expenses | $90,873,141 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 294 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert Fischman | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8139741801 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4202 E Fowler Ave ALC 100 | AddressLine1Txt |
| City | Tampa | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33620 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (50 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Anthony Reginald James | |||||||||
| Chair | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Ashley Monique Butler | |||||||||
| Secretary | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Debbie Nye Sembler | |||||||||
| Vice Chair | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Jose Eduardo Valiente | |||||||||
| Immediate Past Chair | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KimberlyAnn Ross | |||||||||
| Treasurer | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Andrea Gonzmart Williams | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Anila Jain | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Anthony Umholtz | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| April Rose Grajales | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Brad Bernstein | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Christine Turner | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| David Goldstein | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dolores Garcia | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Donna Longhouse | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Andy Hafer | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| DR ERIC EISENBERG | |||||||||
| INTERIM USF EXEC VP & PROVOST (AUG 2022 THRU MARCH 2023) | 5.0 | Yes (X) | $0 | $474,787 | $43,672 | 35.0 | |||
| Dr Gilbert T Gonzalez | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| DR Prasant Mohapatra | |||||||||
| USF EXEC VP & PROVOST (BEGINNING MARCH 2023) | 5.0 | Yes (X) | $0 | $0 | $0 | 35.0 | |||
| DR RALPH WILCOX | |||||||||
| USF EXEC VP & PROVOST (thru Aug 2022) | 5.0 | Yes (X) | $0 | $532,713 | $24,926 | 35.0 | |||
| Elizabeth Krystyn | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| George Morgan | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Grace Maseda-Sainz | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Joie Chitwood III | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Julius D Davis | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Laura Crouch | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Martin Martin | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Michelle Lynch | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Michelle Truman | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Panos Vasiloudes | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Rebecca Bast | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Rhea Law | |||||||||
| PRESIDENT, UNIVERSITY OF SOUTH FLORIDA | 5.0 | Yes (X) | $0 | $1,127,319 | $152,413 | 35.0 | |||
| Richard Sobieray | |||||||||
| USF SVP BUSINESS AND FINANCE | 5.0 | Yes (X) | $0 | $641,298 | $38,139 | 35.0 | |||
| Robert Donaldson | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Sam Barrington | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Stephanie Goforth | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Stephen Fessler | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Steve Griggs | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| William Mariotti | |||||||||
| BOARD MEMBER | 5.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jay Stroman | |||||||||
| SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION | 40.0 | Yes (X) | $0 | $617,146 | $91,092 | ||||
| PAM PRADO | |||||||||
| Chief of Staff, University Advancement | 40.0 | Yes (X) | $0 | $124,813 | $17,261 | ||||
| Rob Fischman | |||||||||
| VICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO | 40.0 | Yes (X) | $0 | $258,169 | $34,826 | ||||
| Arty Giallourakis | |||||||||
| Associate VP Health Development and Alumni Relations | 40.0 | $0 | $213,299 | $31,392 | Yes (X) | ||||
| Jennifer McAfee | |||||||||
| SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | 40.0 | $0 | $260,944 | $37,653 | Yes (X) | ||||
| Kelley Gibson | |||||||||
| SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | 40.0 | $0 | $244,910 | $34,006 | Yes (X) | ||||
| Noreen Segrest | |||||||||
| VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND CHIEF OPERATING OFFICER | 40.0 | $0 | $290,109 | $36,533 | Yes (X) | ||||
| Dan Caterinicchia | |||||||||
| Associate VP Marketing and Communications | 40.0 | $0 | $215,171 | $29,925 | Yes (X) | ||||
| Kristin Green | |||||||||
| ASSISTANT VICE PRESIDENT | 40.0 | $0 | $147,831 | $27,581 | Yes (X) | ||||
| Lelo Prado | |||||||||
| ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | 40.0 | $0 | $222,885 | $22,372 | Yes (X) | ||||
| Marion Yongue | |||||||||
| ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | 40.0 | $0 | $199,890 | $30,005 | Yes (X) | ||||
| Steve Blair | |||||||||
| PRINCIPAL GIFT OFFICER | 40.0 | $0 | $295,560 | $36,830 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $5,866,844 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $688,626 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Barr & Barr Inc | |||||
| 2002 N Lois Avenue Suite 270 | Tampa | FL | 336072366 | DESIGN & PRECONSTRUCTION SERVICES | $1,015,533 |
| NATIONAL PUBLIC RADIO INC | |||||
| 635 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 200013752 | PROGRAMMING SERVICES | $638,708 |
| Corcoran & Johnston | |||||
| 7746 Still Lakes Drive | Odessa | FL | 33556 | CONSULTING SERVICES | $340,000 |
| ELLUCIAN COMPANY LP | |||||
| 62578 COLLECTIONS CENTER DRIVE | Chicago | IL | 60693 | CRM SYSTEM CONVERSION | $282,569 |
| American Public Media | |||||
| PO Box 64623 | St Paul | MN | 551640623 | PROGRAMMING SERVICES | $196,760 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,281,082 | FundraisingAmt |
| All Other Contributions | $51,245,978 | AllOtherContributionsAmt |
| Noncash Contributions | $2,081,904 | NoncashContributionsAmt |
| Total Contributions | $52,527,060 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PUBLIC BROADCASTING SPONSORSHIPS | 516110 | $1,819,440 | $1,819,440 |
| RENTAL INCOME -USFSP | 531120 | $413,024 | $413,024 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,232,464 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,771,755 | TotalRevenueColumnAmt |
| Exclusion | $13,771,755 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $126,350,068 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $126,521,533 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$171,465 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$171,465 | TotalRevenueColumnAmt |
| Exclusion | -$171,465 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,187,962 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,281,082 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,135,615 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,347 | TotalRevenueColumnAmt |
| Exclusion | $52,347 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | All other revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $56,008 | TotalRevenueColumnAmt |
| Exclusion | $56,008 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $56,008 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $68,468,169 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,232,464 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,708,645 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,530,476 | TotalAmt |
| Program Services | $84,530,476 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
| Program Services | $15,000 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,322 | TotalAmt |
| Management And General | $52,322 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,000 | TotalAmt |
| Management And General | $100,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,500 | TotalAmt |
| Management And General | $544,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,530,268 | TotalAmt |
| Management And General | $1,530,268 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $869,945 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $411,019 | ManagementAndGeneralAmt |
| Fundraising | $458,926 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,348 | TotalAmt |
| Management And General | $12,809 | ManagementAndGeneralAmt |
| Fundraising | $308,539 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,064 | TotalAmt |
| Management And General | $32,759 | ManagementAndGeneralAmt |
| Fundraising | $212,305 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,372 | TotalAmt |
| Management And General | $19,104 | ManagementAndGeneralAmt |
| Fundraising | $84,268 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,975 | TotalAmt |
| Program Services | $87,975 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $816,535 | TotalAmt |
| Program Services | $118,799 | ProgramServicesAmt |
| Management And General | $697,736 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303,124 | TotalAmt |
| Management And General | $303,124 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| EMPLOYEE LEASING EXPENSE | $2,404,208 | $804,490 | $1,599,718 |
| COMMUNITY RELATIONS | $446,615 | $446,615 | |
| INVESTMENT EXPENSES | $750,795 | $750,795 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,292,438 | TotalAmt |
| Program Services | $6,120,891 | ProgramServicesAmt |
| Management And General | $680,686 | ManagementAndGeneralAmt |
| Fundraising | $490,861 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,413,985 | TotalAmt |
| Program Services | $90,873,141 | ProgramServicesAmt |
| Management And General | $5,939,612 | ManagementAndGeneralAmt |
| Fundraising | $3,601,232 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,729,525 | BOYAmt |
| EOY | $500,363 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,289,742 | BOYAmt |
| EOY | $48,225,993 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,199,784 | BOYAmt |
| EOY | $4,290,510 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,981,620 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,493,661 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,606,757 | BOYAmt |
| EOY | $10,487,959 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,973,798 | BOYAmt |
| EOY | $157,825,500 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $453,424,392 | BOYAmt |
| EOY | $587,389,201 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,850,604 | BOYAmt |
| EOY | $28,808,714 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $821,074,602 | BOYAmt |
| EOY | $837,528,240 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,984,621 | BOYAmt |
| EOY | $2,758,323 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,539,590 | BOYAmt |
| EOY | $3,127,085 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,056,620 | BOYAmt |
| EOY | $33,414,839 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,580,831 | BOYAmt |
| EOY | $39,300,247 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,873,836 | BOYAmt |
| EOY | $24,876,037 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $759,619,935 | BOYAmt |
| EOY | $773,351,956 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $786,493,771 | BOYAmt |
| EOY | $798,227,993 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $821,074,602 | BOYAmt |
| EOY | $837,528,240 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$31,945,816 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $43,680,038 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,165,249 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,564,843 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $77,876,121 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,583,109 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $52,527,060 | CurrentTaxYearAmt |
| Total | $363,716,382 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $300,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $300,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $300,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $300,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $300,000 | CurrentTaxYearAmt |
| Total | $1,500,000 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,465,249 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,864,843 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,176,121 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,883,109 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $52,827,060 | CurrentTaxYearAmt |
| Total | $365,216,382 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $46,298,022 | SubstantialContributorsTotAmt |
| Public Support Total170 | $318,918,360 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,353,873 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,412,340 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,716,980 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,624,470 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,771,755 | CurrentTaxYearAmt |
| Total | $72,879,418 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,315,459 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $868,873 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $495,644 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,128,743 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,243,970 | CurrentTaxYearAmt |
| Total | $5,052,689 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $443,148,489 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $12,011,831 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7197 | PublicSupportCY170Pct |
| Public Support PY170 | 0.6846 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - FUNDRAISING EVENT INCOME, COLUMN A - 1262319.0, COLUMN B - 782503.0, COLUMN C - 440832.0, COLUMN D - 1102434.0, COLUMN E - 1187962.0, COLUMN F - 4776050.0; DESCRIPTION - OTHER REVENUE, COLUMN A - 53140.0, COLUMN B - 86370.0, COLUMN C - 54812.0, COLUMN D - 26309.0, COLUMN E - 56008.0, COLUMN F - 276639.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $544,500 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $544,500 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | DURING THE 2022-2023 FLORIDA STATE LEGISLATIVE SESSION, A FEE OF $544,500 INCLUDING EXPENSES WAS PAID TO MANAGEMENT CONSULTANT FIRMS. ALL MONIES WERE EXPENDED TO SUPPORT THE INTERESTS OF THE UNIVERSITY OF SOUTH FLORIDA; NO MONIES WERE PAID IN SUPPORT OF OR IN OPPOSITION TO ANY CANDIDATE FOR POLITICAL OFFICE. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $9,910 | RevenuesIncludedAmt |
| Assets Included | $5,502,398 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | Yes (true) | AgentTrusteeEtcInd |
| Beginning Balance | $41,021,645 | BeginningBalanceAmt |
| Additions During Year | $6,708,881 | AdditionsDuringYearAmt |
| Distributions During Year | $3,854,285 | DistributionsDuringYearAmt |
| Ending Balance | $43,876,241 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $609,184,454 | BeginningYearBalanceAmt |
| Contributions | $60,947,362 | ContributionsAmt |
| Investment Earnings Or Losses | $8,816,340 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $26,128,572 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $11,227,430 | AdministrativeExpensesAmt |
| End Year Balance | $641,592,154 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $708,647,878 | BeginningYearBalanceAmt |
| Contributions | $29,870,204 | ContributionsAmt |
| Investment Earnings Or Losses | -$95,946,418 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $23,420,738 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $9,966,472 | AdministrativeExpensesAmt |
| End Year Balance | $609,184,454 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $551,915,418 | BeginningYearBalanceAmt |
| Contributions | $33,450,004 | ContributionsAmt |
| Investment Earnings Or Losses | $156,672,066 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $24,576,375 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $8,813,235 | AdministrativeExpensesAmt |
| End Year Balance | $708,647,878 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $532,421,914 | BeginningYearBalanceAmt |
| Contributions | $20,811,324 | ContributionsAmt |
| Investment Earnings Or Losses | $27,302,776 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,657,674 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $8,962,922 | AdministrativeExpensesAmt |
| End Year Balance | $551,915,418 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $513,001,388 | BeginningYearBalanceAmt |
| Contributions | $18,031,305 | ContributionsAmt |
| Investment Earnings Or Losses | $29,463,315 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,376,865 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $8,697,229 | AdministrativeExpensesAmt |
| End Year Balance | $532,421,914 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.079 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.921 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,620,414 | OtherCostOrOtherBasisAmt |
| Book Value | $6,620,414 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,209,971 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,342,426 | DepreciationAmt |
| Book Value | $3,867,545 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,417 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,417 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $139,818 | OtherCostOrOtherBasisAmt |
| Depreciation | $139,818 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,487,959 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Private Equity Partnership Investments | $57,627,360 | F |
| Fixed Income Partnership Investments | $33,301,800 | F |
| Real asset Partnership Investments | $42,821,441 | F |
| Fixed Income | $147,550,723 | F |
| Domestic Equities | $124,272,304 | F |
| International Equities | $181,815,573 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $587,389,201 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| LIFE BENEFICIARIES OBLIGATIONS | $1,432,869 |
| DUE TO USF | $3,057,256 |
| BENEFICIAL INTEREST | $27,805,961 |
| Subscription Liability | $1,118,753 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $33,414,839 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $126,301,744 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $43,680,038 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $15,683,805 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $59,363,843 | RevenueNotReportedAmt |
| Revenue Subtotal | $66,937,901 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,530,268 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,530,268 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $68,468,169 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $114,567,522 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $15,683,805 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $15,683,805 | ExpensesNotReportedAmt |
| Expenses Subtotal | $98,883,717 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,530,268 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,530,268 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $100,413,985 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | IT IS THE CONCERTED MISSION OF THE UNIVERSITY OF SOUTH FLORIDA CONTEMPORARY ART MUSEUM TO ACHIEVE A BOLD, CREATIVE ENVIRONMENT FOR THE ENRICHMENT AND INTELLECTUAL GROWTH OF STUDENTS, FACULTY OF THE UNIVERSITY (ON THE TAMPA AND REGIONAL CAMPUSES), THE TAMPA BAY COMMUNITY AND BEYOND. THE CONTEMPORARY ART MUSEUM PROVIDES OPPORTUNITIES FOR INNOVATIVE AND EXPERIMENTAL TEACHING AND RESEARCH. THE CONTEMPORARY ART MUSEUM WILL EXPAND, HOUSE, MANAGE, PRESERVE, CONSERVE, AND EXHIBIT THE UNIVERSITY'S ART COLLECTIONS. THE CONTEMPORARY ART MUSEUM INITIATES AND DEVELOPS INTERDISCIPLINARY PROGRAMS IN KEEPING WITH ITS MISSION. THE CONTEMPORARY ART MUSEUM PROVIDES THE LEADERSHIP FOR PUBLIC ART PROJECTS AND MAJOR ACQUISITIONS OF ART ON THE USF CAMPUSES AND CATALOGUES, MANAGES, AND OVERSEES THEIR CARE AND PRESERVATION. THE USF CONTEMPORARY ART MUSEUM MAINTAINS AND MANAGES A PERMANENT COLLECTION OF CONTEMPORARY ART. AS THE LEGAL CONDUIT FOR THE RAISING, ACCEPTANCE, INVESTMENT AND DISTRIBUTION OF ALL PRIVATE GIFTS MADE TO THE UNIVERSITY OF SOUTH FLORIDA, DONATIONS OF WORKS TO THE CONTEMPORARY ART MUSEUM PERMANENT COLLECTION ARE THE FIDUCIARY RESPONSIBILITY OF THE UNIVERSITY OF SOUTH FLORIDA FOUNDATION. |
| Schedule D, Part IV, Line 1b Agent, trustee, custodian, or other intermediary arrangement | THE FOUNDATION HOLD FIDUCIARY FUNDS THAT INCLUDE INVESTMENTS HELD ON BEHALF OF OTHER DIRECT SUPPORT ORGANIZATIONS OF THE UNIVERSITY. THESE FUNDS REPRESENT TRUST RESPONSIBILITIES OF THE FOUNDATION AND ARE RESTRICTED IN PURPOSE. ACCORDINGLY, THEY DO NOT REPRESENT DISCRETIONARY ASSETS OF THE FOUNDATION AND ARE NOT PRESENTED AS PART OF THE FOUNDATION'S BASIC FINANCIAL STATEMENTS. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | THE FOUNDATION ENDOWMENT CONSISTS OF APPROXIMATELY 1500 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES IN SUPPORT OF THE MISSION OF THE UNIVERSITY OF SOUTH FLORIDA INCLUDING: SCHOLARSHIPS, FELLOWSHIPS, ENDOWED CHAIRS, PROFESSORSHIPS, FACILITY IMPROVEMENT AND EQUIPMENT, RESEARCH, ETC. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS HELD ON BEHALF OF THE UNIVERSITY'S DIRECT SUPPORT ORGANIZATIONS (DSO) TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME OF THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONORRESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY THE FLORIDA UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN PURCHASING POWER OF THE ENDOWMENT ASSETS. THE PERMANENT ENDOWMENT IS COMPRISED OF PERMANENTLY RESTRICTED DONOR CONTRIBUTIONS AND ASSOCIATED APPRECIATION ON THOSE ENDOWMENTS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation is exempt from federal income taxes under Section 501(c)(3) of the IRC as an organization described in Section 501(c)(3). However, the Foundation is subject to income tax on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purpose for which it is granted exemption. The Foundation is classified as an organization operated for the benefit of a college or university owned or operated by a governmental unit described in Section 170(b)(1)(A)(iv). The Foundation has no unrelated business income tax expense for the years ended June 30, 2023 and 2022, respectively. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $26,489,498 | |
| Europe (Including Iceland and Greenland) | 0 | 1 | Program Services | $38,436 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| Sub-Saharan Africa | 0 | 0 | Program Services | $28,019 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| Central America and the Caribbean | 0 | 0 | Program Services | $21,209 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| Middle East and North Africa | 0 | 0 | Program Services | $8,745 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | $6,995 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| East Asia and the Pacific | 0 | 0 | Program Services | $4,576 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| South Asia | 0 | 0 | Program Services | $278 | THE REPORTED EXPENSES ARE INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES OUTSIDE OF THE UNITED STATES. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $26,597,756 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $26,597,756 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | SEE SCHEDULE O | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $15,000 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE TRANSFER | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | THE FOUNDATION'S PROCESS FOR MONITORING THESE EXPENSES INCLUDES CODING THESE TYPES OF EXPENSES APPROPRIATELY THROUGH THE NORMAL CHECK DISBURSEMENT PROCESS. |
| Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | CENTRAL AMERICA AND THE CARIBBEAN-Other:,Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual |
| Schedule F, Part III Method used to account for expenditures on org's financial statements | EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Brunch on the Bay | Event1Nm |
| Gross Receipts Event1 | $318,440 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $292,490 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $25,950 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $4,938 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $12,173 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $53,573 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $52,258 | OtherDirectExpensesEvent1Amt |
| Event2 | Accounting Circle Conference | Event2Nm |
| Gross Receipts Event2 | $192,400 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $45,760 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $146,640 | GrossRevenueEvent2Amt |
| Entertainment Event2 | $25,000 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $3,922 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 82 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $1,958,204 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $942,832 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $1,015,372 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $18,870 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $437,035 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $312,328 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $215,518 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,469,044 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,281,082 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,187,962 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $23,808 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $449,208 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $390,901 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $271,698 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,135,615 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $52,347 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part II FUNDRAISING ACTIVITES | FormAndLineReferenceDesc |
| Explanation | FORM 990 REPORTING REQUIRES CONTRIBUTIONS FROM FUND RAISING EVENTS BE REPORTED ON LINE 1, PART VIII; THEREFORE, LINE 2, PART II, SCHEDULE G SUBTRACTS CONTRIBUTIONS FROM FUND RAISING RECEIPTS. THIS RESULTS IN A GAIN OF $52,347 FROM THE FUND RAISING EVENTS ON LINE 11, SCHEDULE G WITH THE $1,281,082 OF CONTRIBUTIONS REFLECTED ON LINE 1C, PART VIII. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH FLORIDA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4202 E Fowler Ave | AddressLine1Txt |
| City | Tampa | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33620 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 593102112 | RecipientEIN |
| IRC Section | STATE OF FL | IRCSectionDesc |
| Cash Grant | $84,530,476 | CashGrantAmt |
| Purpose Of Grant | ACADEMIC & STUDENT SUPPORT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | GRANT EXPENSES ARE AMOUNTS TRANSFERRED DIRECTLY TO OR PAID ON BEHALF OF THE UNIVERSITY IN ACCORDANCE WITH DONOR RESTRICTIONS. ALL EXPENSES RELATED TO THE USE OF THESE FUNDS ARE REVIEWED BY THE FOUNDATION BEFORE THEY ARE DISBURSED TO ENSURE THAT THE EXPENSES ARE BEING USED IN CONJUNCTION WITH FOUNDATION POLICIES MADE AVAILABLE TO THE UNIVERSITY THROUGH AN INTERNAL WEBSITE. ALSO, THE FOUNDATION HOLDS PERIODIC TRAININGS IN ORDER TO FURTHER ENSURE THAT EXPENDITURES ARE IN ACCORDANCE WITH THEIR DONOR-IMPOSED PURPOSES AND IRS REGULATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rhea Law | ||||||||||||||
| PRESIDENT, UNIVERSITY OF SOUTH FLORIDA | $0 | $621,423 | $0 | $275,000 | $0 | $230,896 | $0 | $152,116 | $0 | $297 | $0 | $1,279,732 | $0 | $0 |
| Richard Sobieray | ||||||||||||||
| USF SVP BUSINESS AND FINANCE | $0 | $485,778 | $0 | $154,500 | $0 | $1,020 | $0 | $16,954 | $0 | $21,185 | $0 | $679,437 | $0 | $0 |
| DR RALPH WILCOX | ||||||||||||||
| USF EXEC VP & PROVOST (thru Aug 2022) | $0 | $476,093 | $0 | $50,000 | $0 | $6,620 | $0 | $15,031 | $0 | $9,895 | $0 | $557,639 | $0 | $0 |
| DR ERIC EISENBERG | ||||||||||||||
| INTERIM USF EXEC VP & PROVOST (AUG 2022 THRU MARCH 2023) | $0 | $449,865 | $0 | $24,922 | $0 | $0 | $0 | $22,508 | $0 | $21,164 | $0 | $518,459 | $0 | $0 |
| Jay Stroman | ||||||||||||||
| SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION | $0 | $506,526 | $0 | $100,000 | $0 | $10,620 | $0 | $69,232 | $0 | $21,860 | $0 | $708,238 | $0 | $0 |
| Rob Fischman | ||||||||||||||
| VICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO | $0 | $250,549 | $0 | $0 | $0 | $7,620 | $0 | $13,068 | $0 | $21,758 | $0 | $292,995 | $0 | $0 |
| Noreen Segrest | ||||||||||||||
| VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND CHIEF OPERATING OFFICER | $0 | $282,489 | $0 | $0 | $0 | $7,620 | $0 | $14,762 | $0 | $21,771 | $0 | $326,642 | $0 | $0 |
| Jennifer McAfee | ||||||||||||||
| SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | $0 | $246,158 | $0 | $0 | $0 | $14,786 | $0 | $15,897 | $0 | $21,756 | $0 | $298,597 | $0 | $0 |
| Kelley Gibson | ||||||||||||||
| SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | $0 | $236,090 | $0 | $0 | $0 | $8,820 | $0 | $12,254 | $0 | $21,752 | $0 | $278,916 | $0 | $0 |
| Arty Giallourakis | ||||||||||||||
| Associate VP Health Development and Alumni Relations | $0 | $205,679 | $0 | $0 | $0 | $7,620 | $0 | $11,536 | $0 | $19,856 | $0 | $244,691 | $0 | $0 |
| Steve Blair | ||||||||||||||
| PRINCIPAL GIFT OFFICER | $0 | $285,310 | $0 | $0 | $0 | $10,250 | $0 | $15,056 | $0 | $21,774 | $0 | $332,390 | $0 | $0 |
| Lelo Prado | ||||||||||||||
| ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | $0 | $208,851 | $0 | $0 | $0 | $14,034 | $0 | $11,523 | $0 | $10,849 | $0 | $245,257 | $0 | $0 |
| Dan Caterinicchia | ||||||||||||||
| Associate VP Marketing and Communications | $0 | $192,236 | $0 | $0 | $0 | $22,935 | $0 | $10,073 | $0 | $19,852 | $0 | $245,096 | $0 | $0 |
| Marion Yongue | ||||||||||||||
| ASSOCIATE VICE PRESIDENT OF DEVELOPMENT | $0 | $192,270 | $0 | $0 | $0 | $7,620 | $0 | $10,149 | $0 | $19,856 | $0 | $229,895 | $0 | $0 |
| Kristin Green | ||||||||||||||
| ASSISTANT VICE PRESIDENT | $0 | $146,811 | $0 | $0 | $0 | $1,020 | $0 | $7,725 | $0 | $19,856 | $0 | $175,412 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | * RHEA LAW, PRESIDENT, UNIVERSITY OF SOUTH FLORIDA THE FULL AMOUNT OF THESE PAYMENTS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | * RHEA LAW, PRESIDENT, UNIVERSITY OF SOUTH FLORIDA * JENNIFER MCAFEE, SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT * STEVEN BLAIR, PRINCIPAL GIFTS OFFICER * LELO PRADO, ASSOCIATE VICE PRESIDENT THE FULL AMOUNT OF THESE PAYMENTS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | The individuals listed below participated in a supplemental non-qualified deferred compensation plan. During calendar year 2022, contributions related to such plans were made for the following individuals. These amounts are included on Schedule J, Part II, Column C: Rhea Law - $131,000 Jay Stroman - $50,000 There were no distributions out of such plans during calendar year 2022. |
| Schedule J, Part I SUPPLEMENTAL COMPENSATION INFORMATION | EMPLOYEES OF THE UNIVERSITY PERFORM OPERATING FUNCTIONS FOR THE FOUNDATION. THE UNIVERSITY TRACKS, ADMINISTERS, AND REPORTS ALL PAYROLL AND FRINGE BENEFIT COSTS. THE FOUNDATION TRANSFERS FUNDS TO THE UNIVERSITY FOR THESE COSTS. THE AMOUNT FUNDED BY THE FOUNDATION TO THE UNIVERSITY WAS APPROXIMATELY $3,874,849 FOR THE YEAR ENDED JUNE 30, 2023. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,910 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $132,931 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $82,475 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,127,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Miscellaneous | 3 | $4,605 | Market value |
| Yes (X) | Technology Equipment | 3 | $672,443 | Market value |
| Yes (X) | Medical Equipment | 1 | $52,540 | Market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 5 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION USES A THIRD PARTY AUCTIONEER SERVICE TO SELL DONATED ITEMS THAT IT DOES NOT INTEND TO KEEP IN ITS PERMANENT COLLECTION (LIKE JEWELRY), OR HAVE AN INTERNAL USE FOR (LIKE A VEHICLE). AFTER THE AUCTIONEER FINDS A WILLING BUYER, THE FOUNDATION RECEIVES THE PROCEEDS OF THESE TRANSACTIONS MINUS A SERVICE FEE. THE USF FOUNDATION UTILIZES CHARITABLE AUTO RESOURCES (CARS) AS A SERVICE PROVIDER FOR THE FACILITATION OF THE WUSF PUBLIC BROADCASTING DIVISION OF THE UNIVERSITY OF SOUTH FLORIDA VEHICLE DONATION PROGRAM. CARS ACTS AS AN AUTHORIZED AGENT TO PROCESS DONATED VEHICLES AND PROVIDES WRITTEN SUBSTANTIATION OF DONATIONS TO DONORS INCLUDING APPROPRIATE TAX FORMS. CARS RETAINS A PORTION OF THE NET VEHICLE DONATION PROGRAM PROCEEDS AND DISTRIBUTES THE REMAINDER TO THE USF FOUNDATION TO BENEFIT WUSF PUBLIC BROADCASTING. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 5 EMPLOYEE COMPENSATION REPORTING | AS REPORTED ON FORM 990, PART I, LINE 5, THE UNIVERSITY OF SOUTH FLORIDA FOUNDATION ("FOUNDATION") DOES NOT HAVE EMPLOYEES. UNIVERSITY OF SOUTH FLORIDA ("UNIVERSITY") EMPLOYEES PROVIDE SERVICES ON BEHALF OF THE FOUNDATION PURSUANT TO SECTION F.S. 1004.28. THE FOUNDATION SHARES THE COST OF PERSONNEL, SERVICES, FACILITIES, AND EXPENSES WITH THE UNIVERSITY, A RELATED ORGANIZATION. THE COSTS OF THESE SERVICES ARE ALLOCATED TO FOUNDATION ON VARIOUS LINES Part VIII-IX OF THIS RETURN. |
| Form 990, Part VI, Line 15 EMPLOYEE COMPENSATION REPORTING | THE USF FOUNDATION COMPENSATION COMMITTEE REVIEWED THE COMPENSATION PROVIDED BY THE USF FOUNDATION TO USF STAFF ALONG WITH MARKET SALARY DATA TO MAKE A DETERMINATION OF REASONABLENESS. THE STAFF SELECTED FOR REVIEW, AS REQUIRED BY THE INTERNAL REVENUE SERVICE, INCLUDED OFFICERS OR MEMBERS OF USF FOUNDATION BOARD WHO RECEIVE COMPENSATION FROM THE USF FOUNDATION, KEY EMPLOYEES AND HIGHEST PAID STAFF AND HAVE HAD CHANGES IN THEIR COMPENSATION SINCE THEIR REVIEW IN THE PRIOR YEAR. THE COMPENSATION COMMITTEE ALSO RECEIVED THE WRITTEN OPINION OF AN INDEPENDENT COMPENSATION CONSULTANT TO AID IN THE DETERMINATION OF REASONABLENESS. THIS COMPENSATION REVIEW IS UNDERTAKEN TO OBTAIN THE BENEFIT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE IRS RULES. THE COMPENSATION COMMITTEE MUST: * BE COMPOSED ENTIRELY OF INDIVIDUALS UNRELATED AND NOT SUBJECT TO THE CONTROL OF THE INDIVIDUAL'S WHOSE COMPENSATION IS BEING REVIEWED; * OBTAIN APPROPRIATE DATA AS TO THE COMPARABILITY OF SALARY; AND * DOCUMENT THE BASIS FOR ITS DETERMINATION THAT THE INDIVIDUAL'S COMPENSATION IS REASONABLE IN LIGHT OF THAT DATA. DURING THE DISCUSSION OF ANY INDIVIDUAL'S SALARY THAT INDIVIDUAL MUST LEAVE THE ROOM. THE COMMITTEE'S CONCLUSIONS ARE DOCUMENTED IN THE OFFICIAL MINUTES OF THE MEETING. THE COMPENSATION REVIEW OCCURS WHEN NEW HIRES ARE MADE TO KEY POSITIONS OR WHEN SALARY DATA IS SOLICITED FROM AN INDEPENDENT CONSULTANT FOR MARKET COMPARISONS WHICH MAY BE ANNUALLY OR BI-ANNUALLY. SALARY INFORMATION WAS REVIEWED IN OCTOBER 2022 FOR THE FOLLOWING POSITIONS: * PRESIDENT, UNIVERSITY OF SOUTH FLORIDA * SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION * VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND CHIEF OPERATING OFFICER * VICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO * Senior Associate Vice President of Development * ASSOCIATE VICE PRESIDENT OF DEVELOPMENT * ASSOCIATE VICE PRESIDENT CENTRAL DEVELOPMENT * ASSISTANT VICE PRESIDENT OF DONOR RELATIONS * Principal Gift Officer |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | Pursuant to Article III, Section 2 of the Foundation's Bylaws, the Executive and Governance Committee shall have and may exercise all powers and authority of the Foundation Board when the Board is not in session, subject only to such restrictions as the Board may from time to time specify. However, the Executive and Governance Committee shall not have authority to alter, amend or repeal the Articles of Incorporation or the Bylaws of the Foundation or to appoint or elect Members, except as provided in Article II, section 4(d). Article II, section 4(d) states that vacancies occurring during a term may be filled by the Chairperson of the Foundation Board for the balance of the Member's term with the approval of the Executive and Governance Committee or the Foundation Board and USF Board of Trustees. The Executive and Governance Committee of the Board shall consist of: (1) President of the University of South Florida (2) A person selected and appointed to the Board by the Chairperson of the USF Board of Trustees in accordance with Section 1004.28, Florida Statutes (3) Officers of the Foundation (4) Chairs of the Standing Committees of the Foundation |
| Form 990, Part VI, Line 6 Classes of members or stockholders | THE FOUNDATION IS ESTABLISHED PURSUANT TO SECTION 1004.28 FLORIDA STATUTES, AS A DIRECT-SUPPORT ORGANIZATION OF THE UNIVERSITY OF SOUTH FLORIDA ("USF "UNIVERSITY"). THE GENERAL NATURE OF THE FOUNDATION IS TO PROVIDE PHILANTHROPIC SUPPORT; IN THE FORM OF MONEY AND OTHER FORMS OF PROPERTY AND SERVICES TO THE UNIVERSITY OF SOUTH FLORIDA AND PERSONS, ASSOCIATIONS AND CORPORATIONS ASSOCIATED THEREWITH; TO PROMOTE EDUCATION AND OTHER RELATED ACTIVITIES OF THE UNIVERSITY; AND TO ENCOURAGE RESEARCH, LEARNING AND DISSEMINATION OF INFORMATION. THE FOUNDATION IS AUTHORIZED TO ACT AS THE FIDUCIARY AGENT ON BEHALF OF THE UNIVERSITY FOR THE RECEIPT, MANAGEMENT, AND DISTRIBUTION OF ALL PRIVATE GIFTS MADE TO OR FOR THE BENEFIT OF THE UNIVERSITY. THE ROLE OF THE FOUNDATION BOARD SPECIFICALLY INCLUDES ENCOURAGING PHILANTHROPIC SUPPORT OF UNIVERSITY PRIORITIES; APPROVAL OF POLICY; OVERSIGHT OF FINANCIAL MANAGEMENT; PARTICIPATION IN LONG-RANGE STRATEGIC PLANNING; PROVIDING VOLUNTEER LEADERSHIP FOR THE UNIVERSITY'S FUNDRAISING EFFORTS; AND SERVING IN AN ADVISORY CAPACITY TO THE UNIVERSITY PRESIDENT. THE MEMBERS OF THE FOUNDATION SHALL BE THE FOUNDATION BOARD, COMPRISED OF THE VOTING MEMBERS, INCLUDING ELECTED AND DESIGNATED MEMBERS; AND THE NON-VOTING MEMBERS, INCLUDING CAMPUS EXECUTIVE OFFICERS, EMERITUS MEMBERS AND OTHER INDIVIDUALS ELECTED PURSUANT TO ARTICLE II, SECTION 2(B). WITH THE EXCEPTION OF THE VOTING MEMBERS DESCRIBED IN ARTICLE II, SECTION 2(A)(1) AND (A)(6), ALL MEMBERS SHALL BE APPROVED BY THE USF BOARD OF TRUSTEES. THE FOUNDATION SHALL BE MANAGED BY AND UNDER THE DIRECTION OF THE FOUNDATION BOARD, AND BY OFFICERS AND COMMITTEES THEREOF, AS POWERS MAY BE DELEGATED TO SUCH OFFICERS AND COMMITTEES BY THESE BYLAWS OR BY RESOLUTION OF THE FOUNDATION BOARD. (A) VOTING MEMBERS. THE FOUNDATION BOARD SHALL BE COMPOSED OF AT LEAST TWENTY (20), BUT NOT MORE THAN FIFTY (50) ELECTED MEMBERS. IN ADDITION, THE FOLLOWING WILL SERVE AS DESIGNATED MEMBERS OF THE FOUNDATION: (1) PRESIDENT OF THE UNIVERSITY OF SOUTH FLORIDA OR HIS OR HER DESIGNEE. (2) PROVOST AND EXECUTIVE VICE PRESIDENT OF THE UNIVERSITY. (3) SR. VICE PRESIDENT FOR BUSINESS AND FINANCIAL STRATEGY OF THE UNIVERSITY. (4) CHAIR OF THE UNIVERSITY OF SOUTH FLORIDA ALUMNI ASSOCIATION. (5) A PERSON SELECTED AND APPOINTED TO THE BOARD BY THE CHAIRPERSON OF THE USF BOARD OF TRUSTEES, IN ACCORDANCE WITH SECTION 1004.28 FLORIDA STATUTES. PROVIDED, HOWEVER, THAT ANY PERSON HOLDING MORE THAN ONE OF THE ABOVE OFFICES SHALL HAVE ONLY ONE VOTE AS A MEMBER OF THE FOUNDATION BOARD. (B) NON-VOTING MEMBERS. (1) THE EXECUTIVE OFFICERS OF EACH BRANCH CAMPUS OF THE UNIVERSITY; (2) THE EMERITUS MEMBERS; (3) OTHER INDIVIDUALS MAY SERVE AS NON-VOTING MEMBERS. SUCH MEMBERS SHALL BE NOMINATED BY MAJORITY VOTE OF THE NOMINATING AND BOARD DEVELOPMENT COMMITTEE AND SHALL BE ELECTED BY MAJORITY VOTE OF THE FOUNDATION BOARD AND SUBJECT TO APPROVAL BY THE USF BOARD OF TRUSTEES. (C) CURRENT USF EMPLOYEES DUE TO THE POTENTIAL FOR CONFLICTS OF INTEREST BETWEEN THE ROLE OF A BOARD MEMBER AND THE ROLE OF USF EMPLOYEE, UNLESS SERVING AS A DESIGNATED MEMBER OF THE BOARD, A CURRENT USF EMPLOYEE MAY ONLY BE ELECTED OR RENEWED AS A VOTING MEMBER AFTER REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE. IF A VOTING MEMBER BECOMES A USF EMPLOYEE AFTER HIS OR HER ELECTION TO THE FOUNDATION BOARD, THEN THE EXECUTIVE COMMITTEE WILL REVIEW AND CONSIDER WHETHER HE OR SHE MAY SERVE THE REMAINDER OF HIS OR HER TERM OF SERVICE. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | Pursuant to Article I, Section 3 of the Foundation's Bylaws, members of the Foundation Board of Directors shall be approved by the USF Board of Trustees. The Foundation CEO shall be appointed by the President of the University. The President of the University may remove from office any officer or agent of the Foundation after consultation with the Foundation's Executive and Governance Committee (Article IV Section 4). |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | Pursuant to the Foundation's Bylaws, the rights and responsibilities of the USF Board of Trustees include the power to: -Approve the addition of members to the Foundation Board of Directors -Approve the Foundation's annual operating budget -Oversee the Foundation's annual financial audit and management letter -Approve amendments to Foundation governing documents The governing documents are subject to approval by the University (Article IX) and the budget is subject to approval by the University (Article VI). Additionally, the USF President may remove any member from the Board of Directors with or without cause. The President of the University may remove from office any officer or agent of the Foundation after consultation with the Foundation's Executive and Governance Committee (Article IV Section 4). |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | A COMPLETE DRAFT OF FORM 990, PREPARED INTERNALLY IN CONJUNCTION WITH OUTSIDE TAX ACCOUNTANTS AND REVIEWED BY UPPER MANAGEMENT IS MADE AVAILABLE ELECTRONICALLY TO ALL MEMBERS OF THE FOUNDATION BOARD FOR COMMENT AT LEAST ONE WEEK PRIOR TO FILING. THE AUDIT COMMITTEE OF THE BOARD PERFORMS A THOROUGH AND DETAILED REVIEW OF THE FORM 990 AND OTHER FEDERAL FORMS PRIOR TO REVIEW BY THE FULL BOARD AND PRIOR TO FILING. |
| Form 990, Part VI, Line 12c Conflict of interest policy | DUE TO THE VARIED INTERESTS AND BACKGROUNDS OF THE MEMBERS OF THE BOARD, SITUATIONS INVOLVING POSSIBLE CONFLICTS OF INTEREST MAY ARISE. IT IS THE RESPONSIBILITY OF THE MEMBERS OF THE BOARD TO GOVERN THE USF FOUNDATION'S AFFAIRS HONESTLY, EXERCISING DUE CARE, SKILL AND JUDGMENT FOR THE BENEFIT OF THE FOUNDATION. POTENTIAL OR APPARENT CONFLICTS OF INTEREST ARE DESCRIBED IN THE USF FOUNDATION CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICY. IF A CONFLICT OF INTEREST, IN FACT, EXISTS, THE BOARD MEMBER SHALL DISCLOSE THE POTENTIAL OR APPARENT CONFLICT OF INTEREST IN THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FOR BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES AND SHALL ABSTAIN FROM PARTICIPATION IN ANY VOTE OR DISCUSSION INVOLVING THE MATTER. THE USF FOUNDATION SENIOR DIRECTOR OF FOUNDATION BOARD RELATIONS IS RESPONSIBLE FOR THE ANNUAL DISTRIBUTION OF THE CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICY AND THE COLLECTION OF THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FOR BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE SENIOR DIRECTOR OF FOUNDATION BOARD RELATIONS REPORTS ANY DISCLOSURE OF POTENTIAL OR APPARENT CONFLICTS WITH THE USF FOUNDATION'S CHAIR, CHIEF EXECUTIVE OFFICER AND RELEVANT COMMITTEE CHAIRPERSON. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE USF FOUNDATION POSTS ITS AUDITED FINANCIAL STATEMENTS FOR THE PRIOR THREE (3) FISCAL YEARS, INTERNAL REVENUE SERVICE DETERMINATION LETTER OF 501(C)(3) STATUS, AND MOST RECENTLY FILED INFORMATIONAL RETURN FORM 990 ON ITS WEBSITE (HTTP://GIVING.USF.EDU) FOR PUBLIC INSPECTION. THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), CONFLICT OF INTEREST POLICY, AND MOST RECENTLY FILED EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN FORM 990-T AVAILABLE TO THE PUBLIC UPON REQUEST. |
| SCHEDULE F, PART I LINE 3(E) | IF ACTIVITY LISTED IN (D) IS A PROGRAM SERVICE, DESCRIBE SPECIFIC TYPE OF SERVICE(S) IN THE REGION: THE USF BRIT PROGRAM STRIVES TO BRING THE BEST OF BOTH CLASSICAL AND CONTEMPORARY APPROACHES OF BRITISH THEATRE TO THE STUDENTS IN THE USF SCHOOL OF THEATRE AND DANCE AND TO AUDIENCES IN TAMPA, FLORIDA. EXPENSES ARE INCURRED TO LOCATE AND ENGAGE PROFESSIONAL DIRECTORS AND CHOREOGRAPHERS, LEADING VOICE AND SPEECH EXPERTS AND TOP RATE DESIGNERS. THESE EXPERTS HAVE BROUGHT THEIR KNOWLEDGE AND EXPERIENCE IN BRITISH CLASSICAL THEATRE AND CONTEMPORARY CUTTING-EDGE THEATRE TO THE STUDENTS AT USF IN THE FORM OF HANDS-ON MASTER CLASSES AND WORKSHOPS.THE FOUNDATION MAINTAINS A CONTRACT WITH A UK CITIZEN LIVING OUTSIDE OF THE US TO FUNCTION AS THE LONDON ADMINISTRATOR OF THE UNIVERSITY OF SOUTH FLORIDA BRITISH INTERNATIONAL THEATRE (BRIT) PROGRAM. THE ADMINISTRATOR IS PAID A FEE FOR IDENTIFYING AND ENGAGING ARTISTS FOR THE PROGRAM. TO EXPEDITE THE PROCESS OF CONTRACTING GUEST ARTISTS FROM THE UNITED KINGDOM, THE FOUNDATION ALSO PROVIDES ADVANCED FUNDING TO THE ADMINISTRATOR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | USF Real Estate Foundation LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4202 E Fowler Ave | AddressLine1Txt |
| Address Line2 | ALC 100 | AddressLine2Txt |
| City | Tampa | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33620 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590879015 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | USF Foundation Inc | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THE UNIVERSITY OF SOUTH FLORIDA BOARD OF TRUSTEES | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 593102112 | EDUCATION | FL | 501(c)(1) | N/A | false | ||
| USF ALUMNI ASSOCIATION | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 237357236 | ALUMNI RELATIONS | FL | 501(c)(3) | false | Type III-FI | USF BOARD OF TRUSTEES | |
| USF HEALTH PROFESSIONS CONFERENCING CORPORATION | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 161765073 | HEALTHCARE | FL | 501(c)(3) | false | Type I | USF BOARD OF TRUSTEES | |
| UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 831012625 | EDUCATION | FL | 501(c)(3) | false | USF BOARD OF TRUSTEES | ||
| USF RESEARCH FOUNDATION INC | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 592959590 | RESEARCH | FL | 501(c)(3) | false | Type I | USF BOARD OF TRUSTEES | |
| SUN DOME INC | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 592051855 | EVENT FACILITY | FL | 501(c)(3) | false | 5 | USF BOARD OF TRUSTEES | |
| UNIVERSITY MEDICAL SERVICE ASSOCIATION INC | |||||||||||
| 12901 BRUCE B DOWNS BLVD MDC 62 | TAMPA | FL | 33620 | 237313346 | TO SUPPORT USF'S COLLEGE OF MEDICINE IN RESEARCH AND EDUCATION | FL | 501(c)(3) | false | 5 | USF BOARD OF TRUSTEES | |
| USF FINANCING CORPORATION | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 202865561 | FINANCING | FL | 501(c)(3) | false | 10 | USF BOARD OF TRUSTEES | |
| USF PROPERTY CORPORATION | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 202878274 | SUPPORT USF Fin Corp | FL | 501(c)(3) | false | 10 | USF Financing Corp | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | Yes (true) | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |