2023-05-12T14:38:22+00:00 2022-06-30 882730877 Cherry Bekaert Advisory LLC 401 EAST JACKSON ST SUITE 1200 Tampa FL 33602 990 2021-07-01 590879015 University of South Florida Foundation Inc UNIV 8139741801 4202 EAST FOWLER AVENUE ALC 100 TAMPA FL 33620 Rob Fischman CFO 8139741801 2023-05-12 false Robert Fischman 999009999 P00748038 8132511010 2021 2023-04-26 12:10:37Z JAY STROMAN 4202 EAST FOWLER AVENUE ALC 100 TAMPA FL 33620 367987366 false X HTTP://GIVING.USF.EDU/ X 1960 FL TO ACCEPT, INVEST AND DISTRIBUTE PRIVATE GIFTS IN SUPPORT OF THE UNIVERSITY OF SOUTH FLORIDA. 35 32 0 420 191045 0 77876121 88583109 2166615 2350380 64538652 50843229 306111 72471 144887499 141849189 50740701 76147833 0 2159306 0 12317542 26427280 25274679 77167981 103581818 67719518 38267371 934955189 821074602 45724777 34580831 889230412 786493771 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. false false 77222385 76147833 2350380 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. 77222385 true true false true false false true true true true true false false true true true true false true true false true false true false false true false true false false false false false false false false true true false false true true false false false true 294 0 true 0 true true false false false false true true false false false true false false false X 35 32 false false false false true false false true true false false true true true true true true false false false CA CO HI LA AK MD MA MI MN NH NJ NM OH OK OR SC TN UT WA WV WI X X Robert Fischman 8139741801 4202 E Fowler Ave ALC 100 Tampa FL 33620 Anthony R James VICE CHAIR 5.0 X X 0 0 0 Brian P Keenan TREASURER 5.0 X X 0 0 0 Jose Valiente CHAIR 5.0 X X 0 0 0 Ray Newton III IMMEDIATE PAST CHAIR 5.0 X X 0 0 0 Rena Upshaw-Frazier SECRETARY 5.0 X X 0 0 0 Andrea Gonzmart Williams BOARD MEMBER 5.0 X 0 0 0 Anila Jain BOARD MEMBER 5.0 X 0 0 0 April Rose Grajales BOARD MEMBER 5.0 X 0 0 0 Ashley Butler BOARD MEMBER 5.0 X 0 0 0 Brad A Bernstein BOARD MEMBER 5.0 X 0 0 0 Darryl M Burman BOARD MEMBER 5.0 X 0 0 0 David Goldstein BOARD MEMBER 5.0 X 0 0 0 Debbie Sembler NOMINATING COMMITTEE CHAIR 5.0 X 0 0 0 Donna L Longhouse BOARD MEMBER 5.0 X 0 0 0 Dr Gilbert T Gonzalez BOARD MEMBER 5.0 X 0 0 0 George Morgan EMERITUS COMMITTEE CHAIR 5.0 X 0 0 0 JA Savage BOARD MEMBER 5.0 X 0 0 0 Jeffrey D Fishman BOARD MEMBER 5.0 X 0 0 0 Joie S Chitwood III BOARD MEMBER 5.0 X 0 0 0 Julius D Davis BOARD MEMBER 5.0 X 0 0 0 Keri Gawrych AUDIT COMMITTEE CHAIR 5.0 X 0 0 0 Kimberly Ross BOARD MEMBER 5.0 X 0 0 0 Merritt Martin BOARD MEMBER 5.0 X 0 0 0 Monique Hayes BOARD MEMBER 5.0 X 0 0 0 Nick Trivunovich USF SVP BUSINESS AND FINANCE 5.0 35.0 X 0 302742 36499 Panos Vasiloudes BOARD MEMBER 5.0 X 0 0 0 RALPH WILCOX PHD EXEC VP & PROVOST, USF 5.0 35.0 X 0 535870 24639 Rebecca Bast BOARD MEMBER 5.0 X 0 0 0 Rhea Law PRESIDENT, UNIVERSITY OF SOUTH FLORIDA BEGINNING AUGUST 2021 5.0 35.0 X 0 270799 21523 ROBERT DONALDSON BOARD MEMBER 5.0 X 0 0 0 Samuel P Bell III DEVELOPMENT COMMITTEE CHAIR 5.0 X 0 0 0 Stephen A Fessler BOARD MEMBER 5.0 X 0 0 0 Steve Griggs BOARD MEMBER 5.0 X 0 0 0 Steven C Currall PRESIDENT, UNIVERSITY OF SOUTH FLORIDA THRU AUGUST 2021 5.0 35.0 X 0 1133448 35190 Tina P Johnson FINANCE COMMITTEE CHAIR 5.0 X 0 0 0 William Mariotti BOARD MEMBER 5.0 X 0 0 0 Arty Giallourakis Associate VP Health Development and Alumni Relations 40.0 X 0 220355 29720 Jay Stroman SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION 40.0 X 0 605168 40486 Jennifer McAfee SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 40.0 X 0 182745 26398 Kelley Gibson SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 40.0 X 0 176357 24181 Noreen Segrest VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO, USF FOUNDATION 40.0 X 0 280474 35954 Rob Fischman VICE PRESIDENT, BUSINESS & FINANCE AND CFO, USF FOUNDATION 40.0 X 0 248203 32513 India Witte PRINCIPAL GIFT OFFICER 40.0 X 0 150150 32520 Kristen Green ASSISTANT VICE PRESIDENT Talent Management 40.0 X 0 142554 27281 Lelo Prado ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 40.0 X 0 205300 20324 Marion Yongue ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 40.0 X 0 192573 29619 Steve Blair PRINCIPAL GIFT OFFICER 40.0 X 0 289345 36380 0 4936083 453227 0 false true true NATIONAL PUBLIC RADIO INC 635 MASSACHUSETTS AVENUE NW WASHINGTON DC 200013752 PROGRAMMING SERVICES 383140 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE Chicago IL 60693 CRM SYSTEM CONVERSION 350789 Corcoran & Johnston 7746 Still Lakes Drive Odessa FL 33556 CONSULTING SERVICES 340000 MMQ Group LLC 21014 Bittersweet Drive Lenexa KS 66200 CONSULTING SERVICES 252415 Greater Public 401 N 3rd Street Minneapolis MN 554011388 CONSULTING SERVICES 217108 12 920604 13728280 73934225 2116175 88583109 PUBLIC BROADCASTING SPONSORSHIPS 515111 1948045 1948045 RENTAL INCOME -USFSP 531110 402335 402335 0 0 0 0 2350380 13624470 191045 13433425 0 0 262034568 266096 224815809 266096 37218759 0 37218759 37218759 1102434 920604 1056272 46162 46162 26309 0 0 26309 26309 141849189 2350380 191045 50724655 76127833 76127833 20000 20000 2159306 953406 1205900 46981 46981 92185 92185 563506 563506 5785634 5785634 1105686 0 640932 464754 385045 118644 266401 145301 41293 104008 75076 55973 19103 98651 98651 118799 118799 285703 285703 EMPLOYEE LEASING EXPENSE 14949661 5212613 9737048 COMMUNITY RELATIONS 288635 288635 INVESTMENT EXPENSES 238605 238605 1095211 857102 6416 231693 103581818 77222385 14041891 12317542 550544 1729525 43268707 51289742 5741199 5199784 0 0 0 0 12132855 1526098 10725556 10606757 316294651 266973798 524319013 453424392 0 34055519 31850604 934955189 821074602 408218 1984621 0 0 3941421 3539590 41375138 29056620 45724777 34580831 X 25363784 26873836 863866628 759619935 889230412 786493771 934955189 821074602 38267371 -141004012 0 X false true X true false X 69249706 74165249 70564843 77876121 88583109 380439028 0 300000 300000 300000 300000 300000 1500000 69549706 74465249 70864843 78176121 88883109 381939028 72862020 309077008 10215311 13353873 13412340 18716980 13624470 69322974 0 0 0 0 0 0 0 53140 86370 54812 26309 220631 451482633 12623275 0.6846 0.7732 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER REVENUE, COLUMN A - , COLUMN B - 53140.0, COLUMN C - 86370.0, COLUMN D - 54812.0, COLUMN E - 26309.0, COLUMN F - 220631.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 563506 false false 563506 Schedule C, Part II-B, Line 1g DESCRIPTION OF THE ACTIVITIES REPORTED ON LINES 1A THROUGH 1I DURING THE 2021-2022 FLORIDA STATE LEGISLATIVE SESSION. A FEE OF $563,506 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. 1595020 5502196 X X X X false true 47457417 -2151199 4284573 41021645 false 708647878 29870204 -95946418 23420738 9966472 609184454 551915418 33450004 156672066 24576375 8813235 708647878 532421914 20811324 27302776 19657674 8962922 551915418 513001388 18031305 29463315 19376865 8697229 532421914 471893729 13026317 54764834 18260412 0 8423080 513001388 0.0863 0.9137 0.0 false false 6620414 6620414 5361206 1374863 3986343 11417 11417 0 139818 139818 0 10606757 Private Equity Partnership Investments 63192055 F Fixed Income Partnership Investments 29899313 F Real asset Partnership Investments 50467441 F Fixed Income 96191578 F Domestic Equities 88001238 F International Equities 125672767 F 453424392 AMOUNTS DUE TO THIRD PARTY BNF LIFE BENEFICIARIES OBLIGATIONS 1570250 DUE TO USF 1422601 BENEFICIAL INTEREST 26063769 29056620 -4940457 -141004012 0 -141004012 136063555 5785634 0 5785634 141849189 97796184 0 0 97796184 5785634 0 5785634 103581818 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 1400 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 DONOR-RESTRICTED 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. true Sub-Saharan Africa 0 0 Program Services THE EXPENSES REPORTED CONSIST OF TRAVEL EXPENSES INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES CONDUCTED OUTSIDE OF THE UNITED STATES. 38758 Europe (Including Iceland and Greenland) 0 1 Program Services 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. 34758 Central America and the Caribbean 0 0 Investments 24970395 Central America and the Caribbean 0 0 Program Services THE EXPENSES REPORTED CONSIST OF TRAVEL EXPENSES INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES CONDUCTED OUTSIDE OF THE UNITED STATES. 4000 Russia and Neighboring States 0 0 Program Services THE EXPENSES REPORTED CONSIST OF TRAVEL EXPENSES INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES CONDUCTED OUTSIDE OF THE UNITED STATES. 1798 South America 0 0 Program Services THE EXPENSES REPORTED CONSIST OF TRAVEL EXPENSES INCURRED BY UNIVERSITY EMPLOYEES FOR PROGRAM SERVICE ACTIVITIES CONDUCTED OUTSIDE OF THE UNITED STATES. 528 0 1 0 0 0 1 25050237 0 25050237 SEE SCHEDULE F, PART V Europe (Including Iceland and Greenland) 1 20000 WIRE TRANSFER true false true true true false 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:FOUNDATION FOREIGN INVESTMENT CONSISTED OF THE FMV OF THE FOREIGN INVESTMENT HELD AT THE END OF THE YEAR.,Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-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 Accounting Circle Conference 219625 36775 182850 1000 1070 29543 The Longest Table 175830 52140 123690 162384 1040 74 1627583 831689 795894 39355 301273 182290 338317 2023038 920604 1102434 39355 302273 345744 368900 1056272 46162 Schedule G, Part II FUNDRAISING ACTIVITES, SCH G PART III 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 $46,162 FROM THE FUND RAISING EVENTS ON LINE 11, SCHEDULE G WITH THE $920,604 OF CONTRIBUTIONS REFLECTED ON LINE 1C, PART VIII. true UNIVERSITY OF SOUTH FLORIDA 4202 E Fowler Ave Tampa FL 33620 593102112 170(C)(1) 76127833 ACADEMIC & STUDENT SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANT EXPENSES ARE AMOUNTS TRANSFERRED DIRECTLY TO OR PAID ON BEHALF OF THE UNIVERSITY OR THE USF ALUMNI ASSOCIATION 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. X X X true true X X X X X X false false false false false false false false false RALPH WILCOX PHD EXEC VP & PROVOST, USF 0 486296 0 40000 0 9574 0 14753 0 9886 0 560509 0 0 Nick Trivunovich USF SVP BUSINESS AND FINANCE 0 301722 0 0 0 1020 0 14728 0 21771 0 339241 0 0 Rhea Law PRESIDENT, UNIVERSITY OF SOUTH FLORIDA BEGINNING AUGUST 2021 0 228476 0 0 0 42323 0 11777 0 9746 0 292322 0 0 Steven C Currall PRESIDENT, UNIVERSITY OF SOUTH FLORIDA THRU AUGUST 2021 0 521643 0 269500 0 342305 0 14017 0 21173 0 1168638 0 0 Jay Stroman SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION 0 495448 0 100000 0 9720 0 18630 0 21856 0 645654 0 0 Noreen Segrest VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO, USF FOUNDATION 0 272854 0 0 0 7620 0 14187 0 21767 0 316428 0 0 Rob Fischman VICE PRESIDENT, BUSINESS & FINANCE AND CFO, USF FOUNDATION 0 240583 0 0 0 7620 0 12559 0 19954 0 280716 0 0 Arty Giallourakis Associate VP Health Development and Alumni Relations 0 197735 0 15000 0 7620 0 9864 0 19856 0 250075 0 0 Jennifer McAfee SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 0 158365 0 0 0 24380 0 10096 0 16302 0 209143 0 0 Kelley Gibson SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 0 151977 0 0 0 24380 0 7881 0 16300 0 200538 0 0 Steve Blair PRINCIPAL GIFT OFFICER 0 279042 0 0 0 10303 0 14609 0 21771 0 325725 0 0 Lelo Prado ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 0 193813 0 0 0 11487 0 9475 0 10849 0 225624 0 0 Marion Yongue ASSOCIATE VICE PRESIDENT OF DEVELOPMENT 0 184953 0 0 0 7620 0 9763 0 19856 0 222192 0 0 India Witte PRINCIPAL GIFT OFFICER 0 149130 0 0 0 1020 0 11107 0 21413 0 182670 0 0 Kristen Green ASSISTANT VICE PRESIDENT Talent Management 0 141024 0 0 0 1530 0 7425 0 19856 0 169835 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use * RHEA LAW, PRESIDENT, UNIVERSITY OF SOUTH FLORIDA BEGINNING AUGUST 2021 * STEVEN CURRALL, PRESIDENT, UNIVERSITY OF SOUTH FLORIDA THRU AUGUST 2021 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 BEGINNING AUGUST 2021 * STEVEN CURRALL, PRESIDENT, UNIVERSITY OF SOUTH FLORIDA THRU AUGUST 2021 * 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 1a Personal services * STEVEN CURRALL, PRESIDENT, UNIVERSITY OF SOUTH FLORIDA THRU AUGUST 2021 THE FULL AMOUNT OF THESE PAYMENTS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. 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 $3,240,263 FOR THE YEAR ENDED JUNE 30, 2022. X 15 1603761 Market value X 84174 Market value X 137 274895 Market value X 2 6787 Market value X 2 2019 Market value X MEDICAL AND NON MEDICAL EQUIPMENT 8 129687 Market value X EDUCATIONAL SUPPLIES 1 8965 Market value X MISCELLANEOUS SUPPLIES 2 5887 Market value 12 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions 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. 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 HEALTH DEVELOPMENT AND ALUMNI RELATIONS * ASSOCIATE VICE PRESIDENT OF DEVELOPMENT * ASSISTANT VICE PRESIDENT TALENT MANAGEMENT * ASSISTANT VICE PRESIDENT MARKETING AND COMMUNICATIONS * Principal Gift Officer 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. 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 ("UNIVERSITY") 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 STATUES. 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 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 GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), AUDITED FINANCIAL STATEMENTS FOR THE PRIOR THREE (3) FISCAL YEARS, INTERNAL REVENUE SERVICE DETERMINATION LETTER OF 501(C)(3) STATUS, MOST RECENTLY FILED INFORMATIONAL RETURN FORM 990, AND MOST RECENTLY FILED EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN FORM 990-T ON ITS WEBSITE (HTTP://GIVING.USF.EDU) FOR PUBLIC INSPECTION. THE FOUNDATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: 26309, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 26309; USF Real Estate Foundation LLC 4202 E Fowler Ave ALC 100 Tampa FL 33620 590879015 REAL ESTATE FL 0 0 USF Foundation Inc 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) Type III-FI USF BOARD OF TRUSTEES false USF HEALTH PROFESSIONS CONFERENCING CORPORATION 4202 E FOWLER AVE TAMPA FL 33620 161765073 HEALTHCARE FL 501(c)(3) Type I USF BOARD OF TRUSTEES false UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING 4202 E FOWLER AVE TAMPA FL 33620 831012625 EDUCATION FL 501(c)(3) USF BOARD OF TRUSTEES false USF RESEARCH FOUNDATION INC 4202 E FOWLER AVE TAMPA FL 33620 592959590 RESEARCH FL 501(c)(3) Type I USF BOARD OF TRUSTEES false SUN DOME INC 4202 E FOWLER AVE TAMPA FL 33620 592051855 EVENT FACILITY FL 501(c)(3) 5 USF BOARD OF TRUSTEES false 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) 5 USF BOARD OF TRUSTEES false USF FINANCING CORPORATION 4202 E FOWLER AVE TAMPA FL 33620 202865561 FINANCING FL 501(c)(3) 10 USF BOARD OF TRUSTEES false USF PROPERTY CORPORATION 4202 E FOWLER AVE TAMPA FL 33620 202878274 SUPPORT USF Fin Corp FL 501(c)(3) 10 USF Financing Corp true false true true true false false false false true true false true true true true true true false false