2023-03-15T15:52:56-05:00 2022-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2021-07-01 590917284 FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC FLOR 5612976144 777 GLADES ROAD ADM 247 BOCA RATON FL 334316424 CHRISTOPHER DELISIO CEO 5612972892 2023-03-15 1 CHRISTOPHER DELISIO 999009999 KEN KURDZIEL P00060407 3523781331 2023-03-15 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z CHRISTOPHER DELISIO 777 GLADES ROAD ADM 247 BOCA RATON FL 334316424 276524415 0 X HTTPS://FAUF.FAU.EDU/ X 1960 FL TO SUPPORT FLORIDA ATLANTIC UNIVERSITY. 25 25 0 35 0 0 35686243 34290038 263948 112003 7398279 43498824 867368 1419677 44215838 79320542 7833402 10684991 0 0 5726030 7243777 91200 18000 1158502 8597110 15863917 22247742 33810685 21968096 45509857 393420422 416051768 8152671 53507741 385267751 362544027 X THE MISSION OF THE FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC. IS TO ENCOURAGE, PROMOTE, AND PROVIDE FUNDS AND OTHER RESOURCES FOR THE BENEFIT OF FLORIDA ATLANTIC UNIVERSITY (A PART OF THE FLORIDA STATE UNIVERSITY SYSTEM) IN FURTHERANCE OF ITS (CONTINUED ON SCHEDULE O) MISSIONS AND PURPOSES AND TO SECURE THE APPLICATION OF THESE FUNDS IN THE BEST MANNER ADAPTED TO THE CONDITIONS OF TIME AND TO THE NEEDS OF FAU. 0 0 12468138 112003 PROVIDED GENERAL SUPPORT TO THE FLORIDA ATLANTIC UNIVERSITY IN THE FORM OF PAYMENTS SUCH AS BUT NOT LIMITED TO GUEST LECTURERS, OPERATIONAL AND CONFERENCE EXPENSES, TRAVEL, CONSULTING, AND EVENTS. 10684991 10684991 PROVIDED 1,728 STUDENTS WITH SCHOLARSHIPS FROM DONATED GIFTS. 7243777 PROVIDED SUPPORT FOR THE SALARIES OF THE UNIVERSITY'S EMINENT SCHOLARS, PROFESSORS, AND OTHER FACULTY AND STAFF. 30396906 1 1 0 1 0 0 1 1 1 1 1 1 0 1 1 1 1 1 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 103 0 1 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 FL AL AK AR CA CO CT GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X MICHELLE DEPALMA 5612972892 777 GLADES ROAD ADM 247 BOCA RATON FL 334316424 STEVEN SCHMIDT BOARD CHAIR 2.00 X X 0 0 0 BRIAN POULIN VICE CHAIR AND TREASURER 2.00 X X 0 0 0 PHYLLIS GLADSTEIN SECRETARY 2.00 X X 0 0 0 STEWART MARTIN IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 ZACHARY BERG INVESTMENT AND REAL ESTATE COMMITTEES CHAIR 2.00 X X 0 0 0 SUE SKEMP DONOR RELATIONS COMMITTEE CHAIR 2.00 X X 0 0 0 ED VENTRICE PHILANTHROPY CHAIR 2.00 X X 0 0 0 JAY WEINBERG AUDIT COMMITTEE CHAIR 2.00 X X 0 0 0 CHERYL WILKE NOMINATING & GOVERNANCE COMMITTEE CHAIR 2.00 X 0 0 0 PAUL KILGALLON DIRECTOR 0.50 X 0 0 0 RAFAEL CARDOZO DIRECTOR 0.50 X 0 0 0 ARLENE FINE KLEPPER DIRECTOR 0.50 X 0 0 0 PATRICIA MCKAY DIRECTOR 0.50 X 0 0 0 MELISSA MILLER DIRECTOR 0.50 X 0 0 0 MICHAEL MILLER DIRECTOR 0.50 X 0 0 0 PETER MOORE DIRECTOR 0.50 X 0 0 0 WILLIAM MORRIS DIRECTOR 0.50 X 0 0 0 PAMELA RONDI NOEL DIRECTOR 0.50 X 0 0 0 MAURICE PLOUGH JR DIRECTOR 0.50 X 0 0 0 SALLY ROWLEY-WILLIAMS DIRECTOR 0.50 X 0 0 0 RAUL VALERO DIRECTOR 0.50 X 0 0 0 KEITH ARNOLD LIMITED PURPOSE DIRECTOR 0.10 X 0 0 0 RICHARD ETNER JR LIMITED PURPOSE DIRECTOR 0.10 X 0 0 0 EARNIE ELLISON FAU TRUSTEE 0.50 X 0 0 0 JOHN KELLY FAU PRESIDENT 0.50 40.00 X X 0 667320 48170 CHRISTOPHER DELISIO CEO 40.00 X 0 155966 16877 STACY SEMMEL CFO 40.00 X 0 210144 37597 AMANDA NICKESON ASSISTANT VP OF DEVELOPMENT 40.00 X 0 191090 25331 DAVID GREEN ASSISTANT VP OF DEVELOPMENT 40.00 X 0 233828 38671 KELLY KIRKPATRICK-MARMOL DIRECTOR, ADVANCEMENT 40.00 X 0 185809 35535 MICHAEL MILLER DIRECTOR, ADVANCEMENT 40.00 X 0 182160 35087 KERRY KRUCKEL ASSISTANT VP, ADVANCEMENT 40.00 X 0 217588 17514 0 2043905 254782 0 0 1 0 FUND EVALUATION GROUP 201 EAST 5TH STREET SUITE 1600 CINCINNATI OH 45202 INVESTMENT ADVISORY SERVICES 272163 1 1477991 2190225 30621822 1069181 34290038 SPONSORSHIP REVENUE 900099 104208 104208 COMMUNITY PROGRAMS 900099 7795 7795 112003 3588745 3588745 227916 227916 1532616 0 1532616 1532616 1532616 236388437 196478358 39910079 39910079 39910079 218277 1477991 725515 -507238 -507238 OTHER INCOME 900099 166383 166383 166383 79320542 112003 0 44918501 10679771 10679771 5220 5220 1088902 1088902 4571154 4571154 783777 783777 245795 245795 554149 554149 104041 71263 32778 19713 19713 682586 5250 677336 269152 269152 18000 18000 873920 873920 2485690 2485690 606595 39879 566716 455523 143541 311982 416579 416579 134130 134130 362228 362228 429556 429556 150293 150293 7684329 7684329 29071 29071 70396 70396 EQUIPMENT PURCHASED 489094 489094 EVENTS HOSTED 379701 379701 MEALS AND SPONSORSHIPS 148972 148972 MISCELLANEOUS 72348 56306 16042 33810685 30396906 2255277 1158502 5681734 2936016 41529086 68675571 23782205 15228930 458718 205219 313273 22054464 33435 4440768 22021029 193554149 191917378 100631851 71101205 5028000 18567410 43399648 393420422 416051768 875586 820294 1506633 3485582 33642 32148 5736810 49169717 8152671 53507741 X 40451910 31126212 344815841 331417815 385267751 362544027 393420422 416051768 45509857 -68700543 466962 0 X X 0 1 X 1 0 X 30026147 32774778 12374028 35686243 34290038 145151234 5165012 88949 5253961 35191159 32863727 12374028 35686243 34290038 150405195 150405195 6122108 6062507 5580196 2167834 5349277 25281922 96589 301809 23165 57357 478920 176166037 4079405 0.85380 0.78180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 269152 269152 33541533 33810685 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 265742 272459 247640 269152 1054993 250000 250000 250000 250000 1000000 1500000 X 1 5.00 1 0 X X 0 1 33642 1494 32148 0 294935557 5440015 -24640344 2688683 9708686 5210465 258127394 222164147 7072475 74631244 2066791 3503616 3361902 294935557 227519618 3573786 1365733 2350103 4753149 3191738 222164147 228162005 4259102 8746407 2187250 8393718 3066928 227519618 215954276 7935963 16324207 2395900 6149150 3507391 228162005 0.01000 0.98000 0.01000 1 0 4439639 4439639 34000 33435 565 17580825 17580825 22021029 ALTERNATIVE INVESTMENTS 71101205 F 71101205 LEASE RECEIVABLE 38866680 DUE FROM FAU 4454000 SECURITY DEPOSITS 2373 DUE FROM PRIMARY GOVERNMENT 76595 43399648 DUE TO FAU 124251 CERTIFICATES OF PARTICIPATION 4454000 ANNUITIES PAYABLE 302955 DEFERRED INFLOWS 38578914 ESCHEATMENTS 54516 DUE TO PRIMARY GOVERNMENT 5655081 49169717 X 10565236 -68700543 93642 -68606901 79172137 873920 -725515 148405 79320542 33755922 93642 725515 819157 32936765 873920 873920 33810685 PART X, LINE 2: THE FOUNDATION QUALIFIES AS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WITH THE EXCEPTION OF ANY UNRELATED BUSINESS INCOME. MANAGEMENT HAS EVALUATED THE UNRELATED BUSINESS INCOME TAX IMPLICATIONS AND BELIEVES THAT THE EFFECTS, IF ANY, ARE IMMATERIAL TO THE FOUNDATION'S FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE TO THESE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -725,515. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 725,515. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM CONFERENCES AND RESEARCH 14005 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM CONFERENCES AND RESEARCH 388 0 0 0 0 0 0 14393 0 14393 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X 1 NAMER CONSULTING LLC 2811 GRANDE PARKWAY SUITE 202 PALM BEACH GARDENS FL 33410 CONSULTING 0 275168 18000 257168 275168 18000 257168 AL AR CT GA HI IL MS MO NM PA RI TN VA AK CO KY ME MD MA MI MN NH NJ NY ND OH OR SC UT WA WI CA FL KS NV NC OK WV PRESIDENT'S GALA 970597 901647 68950 34865 412119 8749 39133 KEEP MEMORIES ALIVE 153686 138420 15266 336 2450 11369 24885 9 571985 437924 134061 125191 66418 1696268 1477991 218277 336 37315 548679 8749 130436 725515 -507238 SCHEDULE G, PART I, LINE 2B, COLUMN (V) FUNDRAISER WORKED CLOSELY WITH THE LEADERSHIP OF FAU CARD TO MAXIMIZE THE CHANCES FOR SUCCESS IN RAISING FUNDS FOR FAU CARD THROUGH CULTIVATION, SOLICITATION AND STEWARDSHIP OF FAU CARD DONORS. 1 FLORIDA ATLANTIC UNIVERSITY PO BOX 3091 BOCA RATON FL 33431 650385507 501(C)(3) 10249660 0 STUDENT SCHOLARSHIPS OREGON STATE UNIVERSITY PO BOX 1086 CORVALLIS OR 97339 611730890 501(C)(3) 32500 0 STUDENT SCHOLARSHIPS REGENTS OF THE UNIVERSITY OF CALIFORNIA (SAN DIEGO) 9500 GILMAN DR LA JOLLA CA 92093 956006144 501(C)(3) 32500 0 STUDENT SCHOLARSHIPS FLORIDA PREPAID COLLEGE FOUNDATION PO BOX 31242 TAMPA FL 33641 593012202 251153 0 STUDENT SCHOLARSHIPS THE REGENTS OF THE UNIVERSITY OF MICHIGAN 1021 E HURON ST ANN ARBOR MI 48104 386006309 501(C)(3) 32500 0 STUDENT SCHOLARSHIPS TSIC INC DBA TAKE STOCK IN CHILDREN 2929 E COMMERCIAL BLVD SUITE 408 FORT LAUDERDALE FL 33308 593331584 501(C)(3) 48958 0 STUDENT SCHOLARSHIPS UNIVERSITY OF MARYLAND COLLEGE PARK ROUTE 1 COLLEGE PARK MD 20742 526002033 501(C)(3) 32500 0 STUDENT SCHOLARSHIPS 7 STIPEND 1 5220 PART I, LINE 2: THE FOUNDATION SENDS FUNDS TO THE UNIVERSITY FOR STUDENT SCHOLARSHIPS. THE UNIVERSITY DETERMINES THE SCHOLARSHIP RECIPIENTS ACCORDING TO DONOR SCHOLARSHIP CRITERIA. ALL QUALIFYING CRITERIA ARE LISTED ON THE AWARD SHEET AND SENT TO THE FOUNDATION. THE FUNDS ARE SENT TO THE UNIVERSITY AFTER THE OFFICE OF STUDENT FINANCIAL AID VERIFIES THE STUDENT'S STATUS. THE FOUNDATION HAS ACCESS TO STUDENT SCHOLARSHIP REPORTS AND WILL REQUEST REFUNDS FOR ANY SCHOLARSHIP NOT AWARDED DUE TO A CHANGE IN THE STUDENT'S STATUS. X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JOHN KELLY FAU PRESIDENT 0 515820 0 0 0 151500 0 26434 0 21736 0 715490 0 0 DAVID GREEN ASSISTANT VP OF DEVELOPMENT 0 209195 0 12600 0 12033 0 18815 0 19856 0 272499 0 0 STACY SEMMEL CFO 0 197165 0 12000 0 979 0 17741 0 19856 0 247741 0 0 KERRY KRUCKEL ASSISTANT VP, ADVANCEMENT 0 194253 0 11700 0 11635 0 17471 0 43 0 235102 0 0 KELLY KIRKPATRICK-MARMOL DIRECTOR, ADVANCEMENT 0 174330 0 10500 0 979 0 15679 0 19856 0 221344 0 0 MICHAEL MILLER DIRECTOR, ADVANCEMENT 0 170977 0 10200 0 983 0 15231 0 19856 0 217247 0 0 AMANDA NICKESON ASSISTANT VP OF DEVELOPMENT 0 179311 0 10800 0 979 0 16127 0 9204 0 216421 0 0 CHRISTOPHER DELISIO CEO 0 103448 0 0 0 52518 0 9662 0 7215 0 172843 0 0 PART I, LINE 1A THESE ITEMS ARE ALLOWED FOR THE UNIVERSITY PRESIDENT ONLY FOR BONA FIDE BUSINESS PURPOSES ONLY. X 1 1000000 FMV X 1790 FMV X GOLF CART 1 25739 FMV X LAB EQUIPMENT 1 15001 FMV X ORIENTAL RUG 1 10024 FMV X PIANO 1 7800 FMV X MISCELLANEOUS 3 7590 FMV X GIFT CARDS 1 1237 FMV 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE FOUNDATION USES THE SERVICES OF A SEPARATE COMPANY TO HELP RUN OUR AUCTION, ADVERTISE ON A WEB-SITE, AND PROCESS PAYMENTS. FORM 990, PART VI, SECTION A, LINE 7B ALL BOARD MEMBER ELECTIONS MUST BE APPROVED BY FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER WILL REVIEW THE DRAFT OF THE 990, PROVIDE FEEDBACK/CHANGES AND SUBMIT THE FINALIZED 990 AND REQUIRED SCHEDULES. A COMPLETE COPY OF THE RETURN WILL BE SHARED WITH THE FULL BOARD AT THE NEXT REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND KEY PERSONNEL. THE BOARD AND KEY STAFF REVIEW THE POLICY AND REPORT CONFLICTS ANNUALLY. THE AUDIT COMMITTEE IS AWARE OF ALL REPORTED CONFLICTS. CONFLICTS ARE DETERMINED BY THE BOARD AND STAFF MEMBERS, AND CONFLICTS ARE DISCLOSED AT EACH COMMITTEE WHERE THE PROPOSED ACTION AND THE CONFLICT EXISTS. IF A BOARD MEMBER IS FOUND TO HAVE A CONFLICT THEY ARE ASKED TO DISCLOSE THE CONFLICT, RECUSE THEMSELVES FROM VOTE AND WHEN NECESSARY, LEAVE THE ROOM DURING THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER FOR THE FOUNDATION ALSO HOLDS THE TITLE OF VP FOR INSTITUIONAL ADVANCEMENT FOR THE UNIVERSITY. ALTHOUGH THE FOUNDATION MEMBERS SIT ON THE COMMITTEE TO HIRE THIS PERSON, HE/SHE IS PAID BY THE UNIVERSITY. THEREFORE, A UNIVERSITY REPRESENTATIVE WHO DETERMINES THE FAIR COMPENSATION BY POLLING PEER INSTITUTIONS IN THE STATE ON THE MARKET RATE FOR THIS POSITION. THIS MEASURE OBTAINS THE SAME RESULT AS COMPARING THESE INSTITUTION'S FORM 990. THE FOUNDATION DOES NOT HAVE ANY OF ITS OWN EMPLOYEES, BUT RATHER SERVICES REQUIRED ARE PROVIDED BY THE UNIVERSITY. COMPENSATION DATA IS PERIODICALLY PROVIDED BY THE UNIVERSITY TO THE FOUNDATION RELATED TO THE PRESIDENT OF THE UNIVERSITY AND THE CEO OF THE FOUNDATION, BUT THE FOUNDATION'S RESPONSIBILITIES DO NOT EXTEND TO THE OVERSIGHT OF THE COMPENSATION OF THE EMPLOYEES OF THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND KEY PERSONNEL. THE BOARD AND KEY STAFF REVIEW THE POLICY AND REPORT CONFLICTS ANNUALLY. THE AUDIT COMMITTEE IS AWARE OF ALL REPORTED CONFLICTS. CONFLICTS ARE DETERMINED BY THE BOARD AND STAFF MEMBERS, AND CONFLICTS ARE DISCLOSED AT EACH COMMITTEE WHERE THE PROPOSED ACTION AND THE CONFLICT EXISTS. IF A BOARD MEMBER IS FOUND TO HAVE A CONFLICT THEY ARE ASKED TO DISCLOSE THE CONFLICT, RECUSE THEMSELVES FROM VOTE AND WHEN NECESSARY, LEAVE THE ROOM DURING THE VOTE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FLORIDA ATLANTIC UNIVERSITY 777 GLADES ROAD BOCA RATON FL 33431 650385507 PUBLIC UNIVERSITY FL 501(C)(3) LINE 2 0 FLORIDA ATLANTIC UNIVERSITY ALUMNI ASSOCIATION 777 GLADES ROAD BOCA RATON FL 33431 237015697 ALUMNI ASSOCIATION FL 501(C)(3) LINE 10 0 HARBOR BRANCH OCEANOGRAPHIC INSTITUTE FOUNDATION 5600 NORTH US HIGHWAY 1 FORT PIERCE FL 34946 591644333 SUPPORT HARBOR BRANCH OCEANOGRAPHIC INSTITUTE FL 501(C)(3) LINE 7 0 FLORIDA ATLANTIC UNIVERSITY RESEARCH CORPORATION 777 GLADES ROAD BOCA RATON FL 33431 650267991 PUBLIC UNIVERSITY RESEARCH FL 501(C)(3) LINE 2 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 FLORIDA ATLANTIC UNIVERSITY B 10249660 CORP. BOOKS IN ACCORDANCE W/ GAAS FAU ALUMNI ASSOCIATION D 40073 CORP. BOOKS IN ACCORDANCE W/ GAAS FLORIDA ATLANTIC UNIVERSITY D 121767 CORP. BOOKS IN ACCORDANCE W/ GAAS FLORIDA ATLANTIC UNIVERSITY S 5578486 CORP. BOOKS IN ACCORDANCE W/ GAAS FLORIDA ATLANTIC UNIVERSITY P 268569 CORP. BOOKS IN ACCORDANCE W/ GAAS FLORIDA ATLANTIC UNIVERSITY O 2540132 CORP. BOOKS IN ACCORDANCE W/ GAAS FLORIDA ATLANTIC UNIVERSITY R 7684329 CORP. BOOKS IN ACCORDANCE W/ GAAS