2022-01-14T16:04:15-06:00 2021-06-30 560574444 CHERRY BEKAERT LLP 401 EAST JACKSON ST SUITE 1200 TAMPA FL 33602 990 2020-07-01 650403969 FLORIDA GULF COAST UNIVERSITY FOUNDATION INC FLOR 2397454365 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 2397454365 2021-12-21 1 GERARD CARRINGTON 999009999 AMANDA ADAMS P00748038 8132511010 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHERINE GREEN 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 81132236 0 X WWW.FGCU.EDU/FOUNDATION X 1993 FL THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. 54 53 0 56 1362 0 24376754 19514768 1597140 1433654 -1498767 -72149 418102 191071 24893229 21067344 12971501 17053560 0 0 0 0 38228 52400 221115 4904807 3834555 17914536 20940515 6978693 126829 148110354 178086108 2398404 3797742 145711950 174288366 THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. 0 0 19948114 17053560 1433654 THE FOUNDATION RECEIVES AND ADMINISTERS GIFTS AND BEQUESTS FOR EDUCATIONAL AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. THE FOUNDATION ALSO HOLDS PROPERTY FOR USE BY THE UNIVERSITY INCLUDING LAND USED BY THE COLLEGE OF ARTS AND SCIENCES FOR THE ENVIRONMENTAL STUDIES PROGRAMS, THE HOME OF THE FLORIDA GULF COAST UNIVERSITY VESTER MARINE SCIENCE AND ENVIRONMENTAL EDUCATION CENTER, AND LAND TO BE USED FOR THE UNIVERSITY'S FUTURE EXPANSION NEEDS. 19948114 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 166 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 X 54 53 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 FL X X GERARD CARRINGTON 2397454365 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 MICHAEL MARTIN PRESIDENT 10.00 30.00 X X 0 490864 47916 TIMOTHY CARTWRIGHT CHAIR 1.00 X X 0 0 0 MAYELA ROSALES VICE CHAIR 1.00 X X 0 0 0 KIMBERLY REESE SECRETARY 1.00 X X 0 0 0 CHARLES KETTEMAN TREASURER 1.00 X X 0 0 0 RICHARD ACKERT DIRECTOR 1.00 X 0 0 0 LAWRENCE ANTONUCCI DIRECTOR 1.00 X 0 0 0 BILL BARKER DIRECTOR 1.00 X 0 0 0 DAVID BARTLEY DIRECTOR 1.00 X 0 0 0 ALEXANDRIA BENJAMIN DIRECTOR 1.00 X 0 0 0 W BERNARD LESTER DIRECTOR 1.00 X 0 0 0 MARY BETH GEIER DIRECTOR 1.00 X 0 0 0 DAVID CALL DIRECTOR 1.00 X 0 0 0 HARRY CASIMIR DIRECTOR 1.00 X 0 0 0 JOSEPH CATTI DIRECTOR 1.00 X 0 0 0 BARRON COLLIER III DIRECTOR 1.00 X 0 0 0 MILLER COUSE DIRECTOR 1.00 X 0 0 0 INDERA DEMINE DIRECTOR 1.00 X 0 0 0 CHARLES EDWARDS DIRECTOR 1.00 X 0 0 0 DEAN FJELSTUL DIRECTOR 1.00 X 0 0 0 JEFFREY FRIDKIN DIRECTOR 1.00 X 0 0 0 JOHN FUMAGALLI DIRECTOR 1.00 X 0 0 0 JOSEPH GAMMONS DIRECTOR 1.00 X 0 0 0 DUDLEY GOODLETTE DIRECTOR 1.00 X 0 0 0 DENNIS HANSCH DIRECTOR 1.00 X 0 0 0 MICHAEL HARTLEY DIRECTOR 1.00 X 0 0 0 ONUR HAYTAC DIRECTOR 1.00 X 0 0 0 LAURA HOLQUIST DIRECTOR 1.00 X 0 0 0 WILLIAM HOROWITZ DIRECTOR 1.00 X 0 0 0 CHARLES IDELSON DIRECTOR 1.00 X 0 0 0 JAMES KNUPP DIRECTOR 1.00 X 0 0 0 ALAN KOREST DIRECTOR 1.00 X 0 0 0 ALEX LAMBROS DIRECTOR 1.00 X 0 0 0 DAN LAVENDER DIRECTOR 1.00 X 0 0 0 DONALD LESCH DIRECTOR 1.00 X 0 0 0 DAVID LUCAS DIRECTOR 1.00 X 0 0 0 STEVE MCINTOSH DIRECTOR 1.00 X 0 0 0 EDWARD MORTON DIRECTOR 1.00 X 0 0 0 LUCIENNE PEARS DIRECTOR 1.00 X 0 0 0 GEURT PEET DIRECTOR 1.00 X 0 0 0 FRED PEZESHKAN DIRECTOR 1.00 X 0 0 0 TRAVUS POPE DIRECTOR 1.00 X 0 0 0 SHONTRA POWELL DIRECTOR 1.00 X 0 0 0 DAVID POWELL DIRECTOR 1.00 X 0 0 0 JOSEPH SCHORTZ DIRECTOR 1.00 X 0 0 0 SAMANTHA SCOTT DIRECTOR 1.00 X 0 0 0 LEE SEIDLER DIRECTOR 1.00 X 0 0 0 JULIET SPROUL DIRECTOR 1.00 X 0 0 0 PETER SULICK DIRECTOR 1.00 X 0 0 0 LINDA TAYLOR DIRECTOR 1.00 X 0 0 0 DOUGLAS VANOORT DIRECTOR 1.00 X 0 0 0 NANCY WICKHAM DIRECTOR 1.00 X 0 0 0 CHARLES WINTON DIRECTOR 1.00 X 0 0 0 KATHERINE GREEN EXECUTIVE DIRECTOR 25.00 15.00 X 0 268976 32037 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 24.00 16.00 X 0 152142 32325 DAVID VAZQUEZ ASSISTANT TREASURER 2.00 38.00 X 0 0 0 STEVE MAGIERA FORMER ASSISTANT TREASURER 2.00 38.00 X 0 335101 34992 WILLIAM RICE SENIOR PHILANTHROPHY OFFICER 35.00 5.00 X 0 189213 36688 0 1436296 183958 0 0 1 0 OWEN AMES KIMBALL 11941 FAIRWAY LAKES DR FORT MYERS FL 33913 CONSTRUCTION 1169565 PARKER MUDGETT SMITH ARCHITECTS INC 2136 MC GREGOR BLVD FORT MYERS FL 33901 ARCHITECT SERVICES 413172 FLORIDIAN PARTNERS 108 SOUTH MONROE STREET TALLAHASSEE FL 32301 LOBBYING 180278 GULFPOINT CONSTRUCTION COMPANY 9240 MARKETPLACE RD 1 FORT MYERS FL 33912 CONSTRUCTION 162667 4 508410 19006358 589566 19514768 FUNDRAISING ACTIVITIES 900099 1049654 1049654 FACILITY RENTAL 531390 384000 384000 1433654 123503 123503 59475489 85000 59739955 16186 -264466 68814 -195652 -195652 498460 508410 308751 189709 189709 UBI FROM K-1S 525990 1362 1362 1362 21067344 1433654 1362 117560 17053560 17053560 6935 6808 127 107130 57850 49280 165442 165442 52400 52400 191219 191219 763699 679042 69072 15585 115802 106802 3993 5007 806858 699057 84434 23367 61385 59670 751 964 78513 78280 233 99207 87402 8014 3791 474909 366610 66874 41425 24852 24852 198753 79137 70081 49535 PROGRAM PRODUCTION 424030 424030 DUES AND SUBSCRIPTIONS 250742 216707 18280 15755 GIFTS/ACKNOWLEDGMENTS 50516 25750 11840 12926 UBI TAX 346 346 14217 14217 20940515 19948114 771286 221115 20458825 27125509 8294508 6601269 3150 530 99299 72014 8490393 11835007 8490393 77730329 134256921 29471333 1269197 217903 270275 148110354 178086108 260305 151103 32000 2138099 3614639 2398404 3797742 X 10115554 12230739 135596396 162057627 145711950 174288366 148110354 178086108 X 126829 31822555 -3372968 X 0 1 X 1 0 X 17497842 12322793 13207406 24376754 19514768 86919563 17497842 12322793 13207406 24376754 19514768 86919563 6065072 80854491 2956314 1329911 658793 382511 123503 5451032 231977 36898 112538 407397 189709 978519 93349114 7192468 0.86620 0.81970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 165342 165342 0 PART II-B, LINE 1: IN FY 2021, THE UNIVERSITY CONTINUED TO ENGAGE A THIRD-PARTY COMPANY (FLORIDIAN PARTNERS) TO ADVOCATE FOR FLORIDA GULF COAST UNIVERSITY IN TALLAHASSEE WITH THE FLORIDA LEGISLATURE. 100019129 4961456 29547621 3549394 1669778 129309034 94547577 6377779 3380536 2848900 1437863 100019129 91196780 1049802 6176900 2527982 1347923 94547577 84643790 3724592 6613986 2470071 1315517 91196780 72931535 6345612 8758004 2256598 1134763 84643790 1.00000 0 0 8490393 8490393 8490393 GIFT ANNUITIES PAYABLE 699209 GIFT ANNUITIES 1881209 UNIVERSITY SUPPORT PAYABLE 1034221 3614639 52979463 31822555 280783 32103338 20876125 191219 191219 21067344 24403047 3653751 3653751 20749296 191219 191219 20940515 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT ENDOWED CHAIRS, PROFESSORSHIPS, SCHOLARSHIPS, FELLOWSHIPS AND OTHER PROGRAMS FOR THE BENEFIT OF FLORIDA GULF COAST UNIVERSITY. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES SHOWN IN PART VIII 308,751. CHANGE IN GIFT ANNUITY -27,968. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES SHOWN IN PART VIII 308,751. IMPAIRMENT LOSS ON LAND HOLDINGS 3,345,000. X X X X X X 1 RUFFALO NOEL LEVITZ P O BOX 718 DES MOINES IA 50303 SOLICITATION CONSULT 0 10757 41582 -30825 10757 41582 -30825 AK AL CA CO CT FL GA HI IA IL IN KS LA MA MD ME MI MN MO NC ND NH NJ NM NY OH OK OR PA RI SC SD TN VA VT WA WI WV NIGHT AT NEST 526437 292760 233677 2633 98478 WGCU EVENTS 142500 142500 400 84440 10 337933 215650 122283 448 48323 8276 65753 1006870 508410 498460 448 48723 10909 248671 308751 189709 1 FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 650753801 170(C)(1) 17053560 SCHOLARSHIPS AND SUPPORT FOR FLORIDA GULF COAST UNIVERSITY 1 0 PART I, LINE 2: THE FOUNDATION IS A DIRECT SUPPORT ORGANIZATION OF FLORIDA GULF COAST UNIVERSITY AND PROVIDES ASSISTANCE BASED ON REQUESTS FROM THE UNIVERSITY AND THE AMOUNT OF AVAILABLE FUNDS FROM RESTRICTED DONATIONS FOR SPECIFIC UNIVERSITY PROGRAMS. FOUNDATION FISCAL MANAGERS MAINTAIN A RUNNING TOTAL OF GRANT FUNDING RECEIVED AND AMOUNTS AVAILABLE FOR DISTRIBUTION. ALL FUNDING REQUESTS ARE REVIEWED FOR ELIGIBILITY PRIOR TO FUNDS BEING DISBURSED INCLUDING CRITERIA AGREED UPON BETWEEN THE DONOR AND THE FOUNDATION. 0 0 0 0 0 0 0 0 0 MICHAEL MARTIN PRESIDENT 0 412087 0 0 0 78777 0 25632 0 22284 0 538780 0 0 STEVE MAGIERA FORMER ASSISTANT TREASURER 0 321931 0 0 0 13170 0 13140 0 21852 0 370093 0 0 KATHERINE GREEN EXECUTIVE DIRECTOR 0 255035 0 0 0 13941 0 10474 0 21563 0 301013 0 0 WILLIAM RICE SENIOR PHILANTHROPHY OFFICER 0 188538 0 0 0 675 0 17532 0 19156 0 225901 0 0 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 0 151332 0 0 0 810 0 13273 0 19052 0 184467 0 0 X 1 32544 FMV X 37 557022 AVG. TRADING VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS MADE UP OF THE CHAIRS OF THE COMMITTEES. THE COMMITTEE HAS THE COMPLETE AUTHORITY OF THE BOARD BETWEEN MEETINGS. ANY DECISIONS MADE BY THE EXECUTIVE COMMITTEE ARE RATIFIED AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND IS REVIEWED BY THE AUDIT COMMITTEE, EXECUTIVE DIRECTOR, AND CFO PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION BOARD MEMBERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. MEMBERS ARE ASKED TO DISCLOSE A FULL BIO OF THEMSELVES INCLUDING RELATIONSHIPS THAT MAY CAUSE A CONFLICT OF INTEREST. WHEN A CONFLICT OF INTEREST IS IDENTIFIED, IT IS DISCLOSED TO THE FOUNDATION BOARD FOR THEIR CONSIDERATION. WHILE NO FORMAL RESTRICTIONS ARE PLACED ON THESE MEMBERS, IT HAS BEEN THE BOARD'S AND THE COMMITTEE'S PRACTICE THAT THOSE INDIVIDUALS WITH A CONFLICT WOULD ABSTAIN FROM VOTING AND RELATED DISCUSSIONS ON THE DECISION. KEY EMPLOYEES ARE COVERED UNDER THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED UNDER THE HUMAN RESOURCE POLICIES OF THE UNIVERSITY. THE FOUNDATION RELIES ON THE COMPENSATION COMMITTEE OF THE UNIVERSITY TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND CFO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FORM 990 ARE ON THE FOUNDATION'S WEBSITE AND ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS ON LAND HOLDINGS -3,345,000. CHANGE IN GIFT ANNUITY -27,968. FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD FORT MYERS FL 33965 650753801 EDUCATION FL 170(C)(1) N/A 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0