2019-03-26T10:49:44-05:00 2018-06-30 560574444 CHERRY BEKAERT LLP 401 EAST JACKSON ST SUITE 1200 TAMPA FL 33602 990 2017-07-01 650403969 FLORIDA GULF COAST UNIVERSITY FOUNDATION INC FLOR 2395901060 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 2395901060 2019-03-18 1 AMANDA ADAMS P00748038 8132511010 66.168.122.91 2019-03-18 10:28:31 ED P 120F5A18CE41A9D6862AD2F91D057C96B8D3C6ED 0B670C8C210F0245D71F1F8B052AA4E3CE9649D0 2017 2019-02-21 02:37:17Z CHRISTOPHER SIMONEAU 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 35664933 0 X WWW.FGCU.EDU/FOUNDATION X 1993 FL THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. 53 52 0 55 -9435 -10285 17497842 12322793 776462 1236029 7511045 3080437 729305 752816 26514654 17392075 10743330 10320754 0 0 0 0 21959 9920 237638 5385868 4898487 16151157 15229161 10363497 2162914 126651015 131528050 2979983 1580722 123671032 129947328 THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. 0 0 14323104 10320754 1236029 TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS FOR EDUCATION AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. 14323104 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 57 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 53 52 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 2395901060 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 MICHAEL MARTIN PRESIDENT, FGCU AS OF 7/1/17 10.00 30.00 X X 0 194045 23553 DAVID HOLMES CHAIR 1.00 0.00 X X 0 0 0 DAVID CALL VICE CHAIR 1.00 0.00 X X 0 0 0 TIMOTHY CARTWRIGHT TREASURER 1.00 0.00 X X 0 0 0 KIMBERLY JOHNSON SECRETARY 1.00 0.00 X X 0 0 0 RICHARD ACKERT DIRECTOR 1.00 0.00 X 0 0 0 LAWRENCE ANTONUCCI DIRECTOR 1.00 0.00 X 0 0 0 FAYE BILES DIRECTOR 1.00 0.00 X 0 0 0 HARRY CASIMIR DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH CATTI DIRECTOR 1.00 0.00 X 0 0 0 BARRON COLLIER III DIRECTOR 1.00 0.00 X 0 0 0 THOMAS CORCORAN DIRECTOR 1.00 0.00 X 0 0 0 MILLER COUSE DIRECTOR 1.00 0.00 X 0 0 0 CHARLES EDWARDS DIRECTOR 1.00 0.00 X 0 0 0 DEAN FJELSTUL DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY FRIDKIN DIRECTOR 1.00 0.00 X 0 0 0 JOHN FUMAGALLI DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH GAMMONS DIRECTOR 1.00 0.00 X 0 0 0 MARY BETH GEIER DIRECTOR 1.00 0.00 X 0 0 0 BEN HILL GRIFFIN III DIRECTOR 1.00 0.00 X 0 0 0 ANN HAMILTON DIRECTOR 1.00 0.00 X 0 0 0 DENNIS HANSCH DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL HARTLEY DIRECTOR 1.00 0.00 X 0 0 0 LAURA HOLQUIST DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM HOROWITZ DIRECTOR 1.00 0.00 X 0 0 0 CHARLES IDELSON DIRECTOR 1.00 0.00 X 0 0 0 CHARLES KETTEMAN DIRECTOR 1.00 0.00 X 0 0 0 JAMES KNUPP DIRECTOR 1.00 0.00 X 0 0 0 ALAN KOREST DIRECTOR 1.00 0.00 X 0 0 0 ALEX LAMBROS DIRECTOR 1.00 0.00 X 0 0 0 DAN LAVENDER DIRECTOR 1.00 0.00 X 0 0 0 DONALD LESCH DIRECTOR 1.00 0.00 X 0 0 0 BERNIE LESTER DIRECTOR 1.00 0.00 X 0 0 0 DAVID LUCAS DIRECTOR 1.00 0.00 X 0 0 0 STEVE MCINTOSH DIRECTOR 1.00 0.00 X 0 0 0 J LEO MONTGOMERY DIRECTOR 1.00 1.00 X 0 0 0 EDWARD MORTON DIRECTOR 1.00 0.00 X 0 0 0 JAMES NATHAN DIRECTOR 1.00 0.00 X 0 0 0 GEURT PEET DIRECTOR 1.00 0.00 X 0 0 0 FRED PEZESHKAN DIRECTOR 1.00 0.00 X 0 0 0 TRAVUS POPE DIRECTOR 1.00 0.00 X 0 0 0 DAVID POWELL DIRECTOR 1.00 0.00 X 0 0 0 JEFF PROVOL DIRECTOR 1.00 0.00 X 0 0 0 MAYELA ROSALES DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH SCHORTZ DIRECTOR 1.00 0.00 X 0 0 0 SAMANTHA SCOTT DIRECTOR 1.00 0.00 X 0 0 0 LEE SEIDLER DIRECTOR 1.00 0.00 X 0 0 0 JULIET SPROUL DIRECTOR 1.00 0.00 X 0 0 0 DUANE STRANAHAN DIRECTOR 1.00 0.00 X 0 0 0 PETER SULICK DIRECTOR 1.00 0.00 X 0 0 0 LINDA TAYLOR DIRECTOR 1.00 0.00 X 0 0 0 ALLEN WEISS DIRECTOR 1.00 0.00 X 0 0 0 CHARLES WINTON DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER SIMONEAU EXECUTIVE DIRECTOR 30.00 10.00 X 0 246311 39525 STEVE MAGIERA ASSISTANT TREASURER 2.00 38.00 X 0 313668 44580 GERARD CARRINGTON CFO 24.00 16.00 X 0 128724 27714 BILL RICE DIRECTOR OF DEVELOPMENT 30.00 10.00 X 0 114651 26027 JUDITH CASSIDY DIRECTOR OF DEVELOPMENT THRU 2/18 30.00 10.00 X 0 119758 26858 WILSON G BRADSHAW FORMER PRESIDENT 10.00 30.00 X 0 620699 103964 0 1737856 292221 0 1 1 0 FLORIDIAN PARTNERS 108 SOUTH MONROE STREET TALLAHASSEE FL 32301 LOBBYING 150881 1 666586 11656207 249458 12322793 FUNDRAISING ACTIVITIES 900099 1236029 1236029 1236029 273631 273631 472138 472138 584142 340362 243780 243780 243780 20017054 17210248 2806806 2806806 2806806 768581 666586 722248 46333 46333 UBI FROM K-1S 900099 -9435 -9435 -9435 17392075 1236029 -9435 3842688 10320754 10320754 1662 1662 67200 32200 35000 150951 150951 9920 9920 132060 132060 630668 593148 31384 6136 52275 36354 14853 1068 923785 830434 65667 27684 35776 35776 96076 89096 4095 2885 545477 510908 13530 21039 1361833 1091736 157568 112529 21842 21842 202603 126620 26448 49535 PROGRAM PRODUCTION 404447 404447 DUES AND SUBSCRIPTIONS 184965 165993 13088 5884 GIFTS/ACKNOWLEDGMENTS 7965 5348 1659 958 UBI TAX 274 274 78628 78628 15229161 14323104 668419 237638 22121851 20696953 2762193 2074023 5308 7249 39452 38058 12163971 11709686 12163971 66625499 70324395 23048904 26039541 338122 183860 126651015 131528050 201610 62412 2250000 528373 1518310 2979983 1580722 X 5457551 11178231 47145434 43900550 71068047 74868547 123671032 129947328 126651015 131528050 X 2162914 4333760 -131311 -89067 X 0 1 X 1 0 X 19773357 12613695 17933757 17497842 12322793 80141444 19773357 12613695 17933757 17497842 12322793 80141444 2569812 77571632 1074248 2551456 3411110 2956314 1329911 11323039 849768 283805 969567 231977 36898 2372015 93836498 2012491 0.82670 0.82280 X 0 0 0 0 0 0 0 0 1 150951 150951 0 PART II-B, LINE 1: IN FY 2018, THE UNIVERSITY CONTINUED TO ENGAGE A THIRD-PARTY COMPANY (FLORIDIAN PARTNERS) TO ADVOCATE FOR FLORIDA GULF COAST UNIVERSITY IN TALLAHASSEE WITH THE FLORIDA LEGISLATURE. 84643790 3724592 6613986 2470071 1315517 91196780 72931535 6345612 8758004 2256598 1134763 84643790 74882500 3479590 -1981594 2366303 1082658 72931535 75745604 2103779 309568 2155724 1120727 74882500 62967823 4441540 10990245 1643021 1010983 75745604 0.00000 0.82100 0.17900 0 0 12163971 12163971 12163971 NT COMMON US MARKETCAP INDEX FUND 24330065 F REAL ASSETS 239809 F PRIVATE EQUITY 1469667 F 26039541 GIFT ANNUITIES PAYABLE 540669 GIFT ANNUITIES 977641 1518310 22567318 4333760 973543 5307303 17260015 132060 132060 17392075 16159711 1062610 1062610 15097101 132060 132060 15229161 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES NETTED AGAINST SPECIAL EVENTS REVENUE 722,248. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 340,362. CHANGE IN GIFT ANNUITY -89,067. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES NETTED AGAINST SPECIAL EVENTS REVENUE 722,248. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 340,362. NIGHT AT NEST 587305 224623 362682 25815 7500 60871 GALA 235150 150800 84350 81365 130864 40143 8 612712 291163 321549 84895 93554 49995 147246 1435167 666586 768581 84895 200734 188359 248260 722248 46333 1 FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 650753801 170(C)(1) 10320754 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, FGCU AS OF 7/1/17 0 159943 0 0 0 34102 0 13598 0 9955 0 217598 0 0 CHRISTOPHER SIMONEAU EXECUTIVE DIRECTOR 0 241255 0 0 0 5056 0 19882 0 19643 0 285836 0 0 STEVE MAGIERA ASSISTANT TREASURER 0 297550 0 0 0 16118 0 24640 0 19940 0 358248 0 0 GERARD CARRINGTON CFO 0 127944 0 0 0 780 0 10693 0 17021 0 156438 0 0 WILSON G BRADSHAW FORMER PRESIDENT 0 402201 0 125000 0 93498 0 83468 0 20496 0 724663 0 0 X 23 249458 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. FORM 990, PART VI, SECTION B, POLICIES THE FOUNDATION FOLLOWS THE WHISTLEBLOWER POLICY AND DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE UNIVERSITY BUT DOES NOT HAVE ITS OWN SEPARATE WRITTEN POLICY. FORM 990, PART XI, LINE 9: CHANGE IN GIFT ANNUITY -89,067. 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