FLORIDA GULF COAST UNIVERSITY FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FLORIDA GULF COAST UNIVERSITY FOUNDATION INC (EIN 65-0403969)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-17
IRS object ID
202500489349300300
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-02-17T00:05:38-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593204548PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JAMES MOORE & CO PLBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15931 NW 1ST PLAddressLine1Txt
CityGAINESVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP326072063ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN650403969EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLORIDA GULF COAST UNIVERSITYBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFLORBusinessNameControlTxt
Phone2397454365PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110501 FGCU BOULEVARD SOUTHAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339656565ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGERARD CARRINGTONPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone2397454365PhoneNum
Signature2025-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEN KURDZIELPreparerPersonNm
PTINP00060407PTIN
Phone3523781331PhoneNum
Preparation2025-02-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGERARD CARRINGTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110501 FGCU BOULEVARD SOUTHAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339656565ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$55,616,815GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://FGCUFOUNDATION.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY.ActivityOrMissionDesc
Voting Members Governing Body48VotingMembersGoverningBodyCnt
Voting Members Independent47VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers48TotalVolunteersCnt
Total Gross UBI$1,845TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$26,416,685PYContributionsGrantsAmt
CY Contributions Grants$27,643,453CYContributionsGrantsAmt
PY Program Service Revenue$1,761,877PYProgramServiceRevenueAmt
CY Program Service Revenue$2,512,135CYProgramServiceRevenueAmt
PY Investment Income$1,454,757PYInvestmentIncomeAmt
CY Investment Income$2,295,352CYInvestmentIncomeAmt
PY Other Revenue$315,945PYOtherRevenueAmt
CY Other Revenue$424,695CYOtherRevenueAmt
PY Total Revenue$29,949,264PYTotalRevenueAmt
CY Total Revenue$32,875,635CYTotalRevenueAmt
PY Grants And Similar Paid$15,996,329PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$23,696,789CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$885,547CYTotalFundraisingExpenseAmt
PY Other Expenses$6,032,074PYOtherExpensesAmt
CY Other Expenses$6,944,695CYOtherExpensesAmt
PY Total Expenses$22,028,403PYTotalExpensesAmt
CY Total Expenses$30,641,484CYTotalExpensesAmt
PY Revenues Less Expenses$7,920,861PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,234,151CYRevenuesLessExpensesAmt
Total Assets BOY$185,699,204TotalAssetsBOYAmt
Total Assets EOY$206,115,247TotalAssetsEOYAmt
Total Liabilities BOY$2,379,522TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,931,947TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$183,319,682NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$203,183,300NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ADVANCE FLORIDA GULF COAST UNIVERSITY AND ITS STUDENTS BY PROMOTING THE INSTITUTION, SECURING PHILANTHROPY TO SUPPORT THE NEEDS OF THE UNIVERSITY, MANAGING AND ADMINISTERING ASSETS WITH A LONG TERM PERSPECTIVE, AND PROVIDING RESOURCES TO THE UNIVERSITY FOR THE BENEFIT OF ITS TEACHING, SCHOLARSHIP, AND PUBLIC SERVICE MISSION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$28,310,128ExpenseAmt
Grant$23,696,789GrantAmt
Revenue$2,512,135RevenueAmt
DescTHE FOUNDATION RECEIVES AND ADMINISTERS GIFTS AND BEQUESTS FOR EDUCATIONAL AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY.Desc
Total Program Service Expenses$28,310,128TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document192IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members48GoverningBodyVotingMembersCnt
Independent Voting Member47IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GERARD CARRINGTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2397454365PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110501 FGCU BOULEVARD SOUTHAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339656565ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
AYSEGUL TIMUR
PRESIDENT10.0030.00Yes (X)Yes (X)$0$410,487$59,127
DOUGLAS VANOORT
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
HARRY CASIMIR
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
MICHAEL HARTLEY
VICE CHAIR1.000.00Yes (X)Yes (X)$0$0$0
SAMANTHA SCOTT
CHAIR1.000.00Yes (X)Yes (X)$0$0$0
BRIAN RIST
DIRECTOR1.000.00Yes (X)$0$0$0
BARRON COLLIER III
DIRECTOR1.000.00Yes (X)$0$0$0
CHARLES EDWARDS
DIRECTOR1.000.00Yes (X)$0$0$0
CHARLES IDELSON
DIRECTOR1.000.00Yes (X)$0$0$0
CHARLES KETTEMAN
DIRECTOR1.000.00Yes (X)$0$0$0
CHARLES WINTON
DIRECTOR1.000.00Yes (X)$0$0$0
CHELSEA GANEY
DIRECTOR1.000.00Yes (X)$0$0$0
CLAUDINE LEGER-WETZEL
DIRECTOR1.000.00Yes (X)$0$0$0
EDWARD MORTON
DIRECTOR1.000.00Yes (X)$0$0$0
DIANA WILLIS
DIRECTOR1.000.00Yes (X)$0$0$0
DONALD LESCH
DIRECTOR1.000.00Yes (X)$0$0$0
BILL BARKER
DIRECTOR1.000.00Yes (X)$0$0$0
FRED PEZESHKAN
DIRECTOR1.000.00Yes (X)$0$0$0
GAIL MARKHAM
DIRECTOR1.000.00Yes (X)$0$0$0
J DUDLEY GOODLETTE
DIRECTOR1.000.00Yes (X)$0$0$0
JAMES KNUPP
DIRECTOR1.000.00Yes (X)$0$0$0
JEFF FARAMO
DIRECTOR1.000.00Yes (X)$0$0$0
JEFFREY FRIDKIN
DIRECTOR1.000.00Yes (X)$0$0$0
JESSE BOUCHARD
DIRECTOR1.000.00Yes (X)$0$0$0
BRETT DIAMOND
DIRECTOR1.000.00Yes (X)$0$0$0
LAWRENCE ANTONUCCI
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID LUCAS
DIRECTOR1.000.00Yes (X)$0$0$0
PETER SULICK
DIRECTOR1.000.00Yes (X)$0$0$0
MILLER COUSE
DIRECTOR1.000.00Yes (X)$0$0$0
LEE SEIDLER
DIRECTOR1.000.00Yes (X)$0$0$0
LINDA TAYLOR
DIRECTOR1.000.00Yes (X)$0$0$0
LUCIENNE PEARS
DIRECTOR1.000.00Yes (X)$0$0$0
MARTIN SCHAPPELL
DIRECTOR1.000.00Yes (X)$0$0$0
MARY BETH GEIER
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL SWINDLE
DIRECTOR1.000.00Yes (X)$0$0$0
MYRA WILLIAMS
DIRECTOR1.000.00Yes (X)$0$0$0
NEALE MONTGOMERY
DIRECTOR1.000.00Yes (X)$0$0$0
RICHARD ACKERT
DIRECTOR1.000.00Yes (X)$0$0$0
JOSEPH CATTI
DIRECTOR1.000.00Yes (X)$0$0$0
ROBBIE ROEPSTORFF
EX OFFICIO1.000.00Yes (X)$0$0$0
SHAWN MCINTYRE
DIRECTOR1.000.00Yes (X)$0$0$0
SHONTRA POWELL
DIRECTOR1.000.00Yes (X)$0$0$0
STEVEN BRODIE
DIRECTOR1.000.00Yes (X)$0$0$0
STEVE MCINTOSH
DIRECTOR1.000.00Yes (X)$0$0$0
SUZANNE BOY
DIRECTOR1.000.00Yes (X)$0$0$0
W BERNARD LESTER
DIRECTOR1.000.00Yes (X)$0$0$0
WILLIAM HOROWITZ
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN FUMAGALLI
DIRECTOR1.000.00Yes (X)$0$0$0
KATHERINE GREEN
EXECUTIVE DIRECTOR25.0015.00Yes (X)$0$275,232$47,982
GERARD CARRINGTON
CHIEF FINANCIAL OFFICER30.0010.00Yes (X)$0$160,354$35,696
CINDY LEARNED
ASSISTANT VICE PRESIDENT35.005.00$0$164,553$41,333Yes (X)
DAVID VAZQUEZ
ASSISTANT TREASURER1.0039.00$0$278,818$37,710Yes (X)
WILLIAM RICE
SR. PHILANTHROPY OFFICER30.0010.00$0$161,888$39,812Yes (X)
MICHAEL MARTIN
FORMER PRESIDENT10.0030.00$0$574,229$30,295Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,025,561TotReportableCompRltdOrgAmt
Total Other Compensation$291,955TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WRIGHT CONSTRUCTION GROUP
5811 YOUNGQUIST ROADFORT MYERSFL33912CONSTRUCTION$415,024
KELLY BROTHERS INC
15775 PINE RIDGE ROADFORT MYERSFL33908MARINE CONSTRUCTION$259,996
MADDOX CONSTRUCTION CO
1705 COLONIAL BLVD SUITE D-1FORT MYERSFL33907CONSTRUCTION$238,224
EXXAT LLC
PO BOX 4206WARRENNJ07059SUBSCRIPTION$232,950
FLORIDIAN PARTNERS LLC
PO BOX 1698TALLAHASSEEFL32302LOBBYING$180,520
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
Fundraising$569,964FundraisingAmt
All Other Contributions$27,073,489AllOtherContributionsAmt
Noncash Contributions$466,803NoncashContributionsAmt
Total Contributions$27,643,453TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FUNDRAISING ACTIVITIES900099$2,128,135$2,128,135
FACILITY RENTAL531390$384,000$384,000
FieldValueIRS element (for citing)
Total Program Service Revenue$2,512,135TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,942,948TotalRevenueColumnAmt
Unrelated Business Revenue$1,845UnrelatedBusinessRevenueAmt
Exclusion$1,941,103ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$21,993,868SecuritiesAmt
Other$750,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$22,175,447SecuritiesAmt
Other$216,017OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$181,579SecuritiesAmt
Other$533,983OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$352,404TotalRevenueColumnAmt
Exclusion$352,404ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$774,411FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$569,964ContriRptFundraisingEventAmt
Fundraising Direct Expenses$349,716FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$424,695TotalRevenueColumnAmt
Exclusion$424,695ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,875,635TotalRevenueColumnAmt
Related Or Exempt Func Income$2,512,135RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,845UnrelatedBusinessRevenueAmt
Exclusion$2,718,202ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$23,696,789TotalAmt
Program Services$23,696,789ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$116,817TotalAmt
Program Services$47,722ProgramServicesAmt
Management And General$69,095ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$241,009TotalAmt
Management And General$241,009ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$231,386TotalAmt
Management And General$231,386ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$962,381TotalAmt
Program Services$707,276ProgramServicesAmt
Management And General$109,891ManagementAndGeneralAmt
Fundraising$145,214FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$266,311TotalAmt
Program Services$58,186ProgramServicesAmt
Fundraising$208,125FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,305,307TotalAmt
Program Services$1,041,430ProgramServicesAmt
Management And General$170,025ManagementAndGeneralAmt
Fundraising$93,852FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$123,602TotalAmt
Program Services$121,677ProgramServicesAmt
Fundraising$1,925FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$179,809TotalAmt
Program Services$171,763ProgramServicesAmt
Management And General$7,266ManagementAndGeneralAmt
Fundraising$780FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$386,222TotalAmt
Program Services$367,578ProgramServicesAmt
Management And General$5,542ManagementAndGeneralAmt
Fundraising$13,102FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,967,124TotalAmt
Program Services$1,170,567ProgramServicesAmt
Management And General$449,907ManagementAndGeneralAmt
Fundraising$346,650FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$37,320TotalAmt
Management And General$37,320ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$132,790TotalAmt
Program Services$82,895ProgramServicesAmt
Management And General$360ManagementAndGeneralAmt
Fundraising$49,535FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
GIFTS/ACKNOWLEDGMENTS$70,017$45,095$15,198$9,724
UNRELATED BUSINESS TAX$234$234
DUES & SUBSCRIPTIONS$408,955$376,886$17,359$14,710
PROGRAM PRODUCTION$298,972$298,972

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$216,439TotalAmt
Program Services$123,292ProgramServicesAmt
Management And General$91,217ManagementAndGeneralAmt
Fundraising$1,930FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$30,641,484TotalAmt
Program Services$28,310,128ProgramServicesAmt
Management And General$1,445,809ManagementAndGeneralAmt
Fundraising$885,547FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$44,416,774BOYAmt
EOY$43,921,793EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,491,093BOYAmt
EOY$3,563,058EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$48,215BOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,183,070BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$130,359,147BOYAmt
EOY$156,554,948EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$817,235BOYAmt
EOY$697,934EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$50,350EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$383,670BOYAmt
EOY$1,327,164EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$185,699,204BOYAmt
EOY$206,115,247EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$239,020BOYAmt
EOY$468,093EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$32,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,140,502BOYAmt
EOY$2,431,854EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,379,522BOYAmt
EOY$2,931,947EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,697,141BOYAmt
EOY$14,365,069EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$169,622,541BOYAmt
EOY$188,818,231EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$183,319,682BOYAmt
EOY$203,183,300EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$185,699,204BOYAmt
EOY$206,115,247EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,234,151ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$17,711,124NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$81,657OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,376,754CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,514,768CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,525,853CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$26,416,685CurrentTaxYearMinus1YearAmt
Current Tax Year$27,643,453CurrentTaxYearAmt
Total$121,477,513TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,376,754CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,514,768CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,525,853CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$26,416,685CurrentTaxYearMinus1YearAmt
Current Tax Year$27,643,453CurrentTaxYearAmt
Total$121,477,513TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,586,020SubstantialContributorsTotAmt
Public Support Total170$107,891,493PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$382,511CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$123,503CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$85,696CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$763,715CurrentTaxYearMinus1YearAmt
Current Tax Year$1,941,103CurrentTaxYearAmt
Total$3,296,528TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$407,397CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$189,709CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$271,504CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$315,945CurrentTaxYearMinus1YearAmt
Current Tax Year$424,695CurrentTaxYearAmt
Total$1,609,250TotalAmt
FieldValueIRS element (for citing)
Total Support$126,383,291TotalSupportAmt
Gross Receipts Rltd Activities$8,585,648GrossReceiptsRltdActivitiesAmt
Public Support CY1700.85370PublicSupportCY170Pct
Public Support PY1700.91290PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$241,009OtherActivitiesAmt
Total Lobbying Expenditures$241,009TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationIN FY 2024, THE UNIVERSITY CONTINUED TO ENGAGE A THIRD-PARTY COMPANY (FLORIDIAN PARTNERS) TO ADVOCATE FOR FLORIDA GULF COAST UNIVERSITY IN TALLAHASSEE WITH THE FLORIDA LEGISLATURE.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$121,316,201BeginningYearBalanceAmt
Contributions$7,907,756ContributionsAmt
Investment Earnings Or Losses$15,966,713InvestmentEarningsOrLossesAmt
Other Expenditures$6,932,063OtherExpendituresAmt
End Year Balance$138,798,607EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$111,836,988BeginningYearBalanceAmt
Contributions$3,113,813ContributionsAmt
Investment Earnings Or Losses$12,281,227InvestmentEarningsOrLossesAmt
Other Expenditures$5,915,827OtherExpendituresAmt
End Year Balance$121,316,201EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$129,309,034BeginningYearBalanceAmt
Contributions$3,897,182ContributionsAmt
Investment Earnings Or Losses-$16,085,855InvestmentEarningsOrLossesAmt
Other Expenditures$3,346,794OtherExpendituresAmt
Administrative Expenses$1,936,579AdministrativeExpensesAmt
End Year Balance$111,836,988EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$100,019,129BeginningYearBalanceAmt
Contributions$4,961,456ContributionsAmt
Investment Earnings Or Losses$29,547,621InvestmentEarningsOrLossesAmt
Other Expenditures$3,549,394OtherExpendituresAmt
Administrative Expenses$1,669,778AdministrativeExpensesAmt
End Year Balance$129,309,034EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$94,547,577BeginningYearBalanceAmt
Contributions$6,377,779ContributionsAmt
Investment Earnings Or Losses$3,380,536InvestmentEarningsOrLossesAmt
Other Expenditures$2,848,900OtherExpendituresAmt
Administrative Expenses$1,437,863AdministrativeExpensesAmt
End Year Balance$100,019,129EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
GIFT ANNUITIES PAYABLE$730,058
GIFT ANNUITIES$1,701,796
FieldValueIRS element (for citing)
Total Liability$2,431,854TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$50,623,432TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$17,711,124NetUnrealizedGainsInvstAmt
Other Revenue$268,059OtherRevenueAmt
Revenue Not Reported$17,979,183RevenueNotReportedAmt
Revenue Subtotal$32,644,249RevenueSubtotalAmt
Investment Expenses Not Incld$231,386InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$231,386RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$32,875,635TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$30,759,814TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$349,716OtherExpensesIncludedAmt
Expenses Not Reported$349,716ExpensesNotReportedAmt
Expenses Subtotal$30,410,098ExpensesSubtotalAmt
Investment Expenses Not Incld2$231,386InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$231,386ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$30,641,484TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 X, LINE 2:THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME.
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII 349,716. CHANGE IN VALUE OF GIFT ANNUITY -81,657.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII 349,716.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1NIGHT AT NESTEvent1Nm
Gross Receipts Event1$896,296GrossReceiptsEvent1Amt
Charitable Contri Event1$363,869CharitableContriEvent1Amt
Gross Revenue Event1$532,427GrossRevenueEvent1Amt
Food And Beverage Event1$34,158FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$121,756OtherDirectExpensesEvent1Amt
Event2EAGLES GOLF CLASSICEvent2Nm
Gross Receipts Event2$104,500GrossReceiptsEvent2Amt
Charitable Contri Event2$68,750CharitableContriEvent2Amt
Gross Revenue Event2$35,750GrossRevenueEvent2Amt
Rent Facility Costs Event2$31,211RentFacilityCostsEvent2Amt
Other Direct Expenses Event2$23,366OtherDirectExpensesEvent2Amt
Other Events Total6OtherEventsTotalCnt
Gross Receipts Other Events$343,579GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$137,345CharitableContriOtherEventsAmt
Gross Revenue Other Events$206,234GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$480NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$26,975RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$83,986FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$27,784OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,344,375GrossReceiptsTotalAmt
Charitable Contributions Tot$569,964CharitableContributionsTotAmt
Gross Revenue Total Events$774,411GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$480NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$58,186RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$118,144FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$172,906OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$349,716DirectExpenseSummaryEventsAmt
Net Income Summary$424,695NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1FLORIDA GULF COAST UNIVERSITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110501 FGCU BLVD SOUTHAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339656565ZIPCd
FieldValueIRS element (for citing)
Recipient EIN650753801RecipientEIN
IRC Section170(C)(1)IRCSectionDesc
Cash Grant$19,809,289CashGrantAmt
Non Cash Assistance$3,887,500NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceREAL PROPERTYNonCashAssistanceDesc
Purpose Of GrantSCHOLARSHIPS AND SUPPORT FOR FLORIDA GULF COAST UNIVERSITYPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL MARTIN
FORMER PRESIDENT$0$206,879$0$233,333$0$134,017$0$18,475$0$11,820$0$604,524$0$0
AYSEGUL TIMUR
PRESIDENT$0$364,287$0$0$0$46,200$0$35,740$0$23,387$0$469,614$0$0
KATHERINE GREEN
EXECUTIVE DIRECTOR$0$258,294$0$0$0$16,938$0$25,117$0$22,865$0$323,214$0$0
DAVID VAZQUEZ
ASSISTANT TREASURER$0$263,354$0$0$0$15,464$0$25,832$0$11,878$0$316,528$0$0
CINDY LEARNED
ASSISTANT VICE PRESIDENT$0$160,260$0$2,500$0$1,793$0$21,004$0$20,329$0$205,886$0$0
WILLIAM RICE
SR. PHILANTHROPY OFFICER$0$149,421$0$10,188$0$2,279$0$19,513$0$20,299$0$201,700$0$0
GERARD CARRINGTON
CHIEF FINANCIAL OFFICER$0$156,613$0$2,500$0$1,241$0$15,381$0$20,315$0$196,050$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationCOMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED UNDER THE HUMAN RESOURCE POLICIES OF THE UNIVERSITY. THE FOUNDATION RELIES ON THE UNIVERSITY TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$37,590NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution39ContributionCnt
Noncash Contributions Rpt F990$429,113NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. TRADING VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescAUCTION ITEMSDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$100NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE FOUNDATION BOARD WHEN THE BOARD IS NOT IN SESSION, AND SHALL BE EMPOWERED TO ACT ON BEHALF OF THE BOARD IN INSTANCES WHERE A MEETING OF THE FULL BOARD WOULD NOT OCCUR WITHIN THE TIME FRAME NECESSARY FOR APPROVING AN ACTION DEEMED TO BE IN THE BEST INTEREST OF THE FOUNDATION; ALSO TAKING SUCH OTHER ACTION AS MAY BE REQUIRED FROM TIME TO TIME FOR THE EXPEDITIOUS OPERATION OF THE FOUNDATION. ACTIONS BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT ONLY TO SUCH RESTRICTION OR LIMITATIONS AS THE FOUNDATION BOARD MAY FROM TIME TO TIME SPECIFY. HOWEVER, THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO ALTER, AMEND, OR REPEAL THE ARTICLES OF LNCORPORATION OR THE BYLAWS OF THE FOUNDATION OR TO APPOINT DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7ATHE APPOINTMENT OF ELECTED DIRECTORS IS RECOMMENDED BY THE FOUNDATION BOARD TO THE FLORIDA GULF COAST UNIVERSITY BOARD OF TRUSTEES ("BOARD OF TRUSTEES") FOR ITS APPROVAL. THE CFO OF THE FOUNDATION IS SELECTED BY THE VICE PRESIDENT OF UNIVERSITY ADVANCEMENT OF FGCU.
FORM 990, PART VI, SECTION B, LINE 11BTHE COMPLETED FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, EXECUTIVE DIRECTOR, AND CHIEF FINANCIAL OFFICER PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CFOUNDATION BOARD MEMBERS ARE SUBJECT TO A CONFLICT OF INTEREST POLICY, AND ARE REQUIRED TO ANNUALLY REVIEW THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS. IF A CONFLICT IS DISCLOSED, THE EXECUTIVE DIRECTOR AND CHAIR OF THE BOARD DISCUSS IT WITH THE DIRECTOR AND DETERMINE HOW IT SHOULD BE HANDLED. BOARD PRACTICE IS THAT A DIRECTOR WITH A CONFLICT WOULD ABSTAIN FROM VOTING OR DISCUSSING THE RELEVANT MATTER. KEY EMPLOYEES ARE SUBJECT TO THE UNIVERSITY'S CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED UNDER THE HUMAN RESOURCE POLICIES OF THE UNIVERSITY. THE FOUNDATION RELIES ON THE UNIVERSITY TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS 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:CHANGE IN VALUE OF GIFT ANNUITY -81,657.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FLORIDA GULF COAST UNIVERSITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110501 FGCU BLVD SOUTHAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339656565ZIPCd
FieldValueIRS element (for citing)
EIN650753801EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Exempt Code Section115(1)ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
FLORIDA GULF COAST UNIVERSITY
B$23,696,789FMV
FLORIDA GULF COAST UNIVERSITY
J$384,000FMV
FLORIDA GULF COAST UNIVERSITY
D$879,793FMV
FLORIDA GULF COAST UNIVERSITY
L$2,128,135FMV

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