2014-11-13T15:21:27-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 6810 INTERNATIONAL CENTER BLVD FORT MYERS FL 33912 990 2013-07-01 650403969 FLORIDA GULF COAST UNIVERSITY FOUNDATION INC FLOR 2395901060 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 2395901073 2014-11-13 1 MARTIN REDOVAN CPA P01281045 2392269900 2014-11-13 2013 2015-11-30 17:44:51Z CHRISTOPHER SIMONEAU 10501 FGCU BLVD FORT MYERS FL 33965 22062348 0 X HTTP://WWW.FGCU.EDU/FOUNDATION X 1993 FL TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS FOR EDUCATION AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. 52 46 0 46 1912 912 9386278 19773357 0 0 174311 143046 23131 1651074 9583720 21567477 3934959 5691283 0 0 0 0 0 0 1176690 3885126 4092575 7820085 9783858 1763635 11783619 84685663 107872084 7195062 7295812 77490601 100576272 THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. 0 0 8356992 5691283 TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS FOR EDUCATION AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. 8356992 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 42 0 1 0 1 1 1 0 0 0 0 1 1 0 0 0 0 X 52 46 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 FL X GERARD CARRINGTON 2395901060 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 WILSON G BRADSHAW PRESIDENT 8.00 32.00 X X 0 590330 73435 STEVE MAGIERA ASSISTANT TREASURER 4.00 36.00 X X 0 237941 42488 MILLER COUSE CHAIRPERSON 1.00 X X 0 0 0 DAVID CALL VICE CHAIRPERSON 1.00 X X 0 0 0 LAURA A HOLQUIST TREASURER 1.00 X X 0 0 0 KIMBERLY L JOHNSON SECRETARY 1.00 X X 0 0 0 PATRICIA M BARTON DIRECTOR 1.00 X 0 0 0 ANGELA BLACK DIRECTOR 1.00 X 0 0 0 JACK BLAIS DIRECTOR 1.00 X 0 0 0 TIMOTHY J CARTWRIGHT DIRECTOR 1.00 X 0 0 0 JANET COHEN DIRECTOR 1.00 X 0 0 0 THOMAS CORCORAN DIRECTOR 1.00 X 0 0 0 BARBARA B DUFRANE DIRECTOR 1.00 X 0 0 0 DEAN M FJELSTUL DIRECTOR 1.00 X 0 0 0 JOSEPH D GAMMONS DIRECTOR 1.00 X 0 0 0 DENNIS HANSCH DIRECTOR 1.00 X 0 0 0 DAVID A HOLMES DIRECTOR 1.00 X 0 0 0 DEREK JONES DIRECTOR 1.00 X 0 0 0 CHARLES KETTEMAN DIRECTOR 1.00 X 0 0 0 ALEX LAMBROS DIRECTOR 1.00 X 0 0 0 DANIEL LAVENDER DIRECTOR 1.00 X 0 0 0 W BERNARD LESTER DIRECTOR 1.00 X 0 0 0 DAVID LUCAS DIRECTOR 1.00 X 0 0 0 JAMES NATHAN DIRECTOR 1.00 X 0 0 0 JEFFREY PROVOL DIRECTOR 1.00 X 0 0 0 THOMAS J RICE DIRECTOR 1.00 X 0 0 0 AMBASSADOR FRANCIS ROONEY DIRECTOR 1.00 X 0 0 0 LEE J SEIDLER DIRECTOR 1.00 X 0 0 0 ALLEN WEISS DIRECTOR 1.00 X 0 0 0 SUSAN EVANS FGCU DIRECTOR 1.00 X 0 0 0 VEE LEONARD FGCU DIRECTOR 1.00 X 0 0 0 MICHAEL ROLLO FGCU DIRECTOR 1.00 X 0 0 0 RONALD TOLL FGCU DIRECTOR 1.00 X 0 0 0 CARLOS CAVENAGO III EX OFFICIO MEMBER 1.00 X 0 0 0 JOHN LITTLE EX OFFICIO MEMBER 1.00 1.00 X 0 0 0 BRIAN RASNICK EX OFFICIO MEMBER 1.00 X 0 0 0 RICHARD C ACKERT DIRECTOR EMERITUS 1.00 X 0 0 0 JOSEPH CATTI DIRECTOR EMERITUS 1.00 X 0 0 0 CHARLES B EDWARDS DIRECTOR EMERITUS 1.00 X 0 0 0 JEFFREY D FRIDKIN DIRECTOR EMERITUS 1.00 X 0 0 0 JOHN FUMAGALLI DIRECTOR EMERITUS 1.00 X 0 0 0 WILLIAM N HOROWITZ DIRECTOR EMERITUS 1.00 X 0 0 0 CHARLES K IDELSON DIRECTOR EMERITUS 1.00 X 0 0 0 JAMES KNUPP DIRECTOR EMERITUS 1.00 X 0 0 0 DONALD LESCH DIRECTOR EMERITUS 1.00 X 0 0 0 STEPHEN S MCINTOSH DIRECTOR EMERITUS 1.00 X 0 0 0 EDWARD A MORTON DIRECTOR EMERITUS 1.00 X 0 0 0 F FRED PEZESHKAN DIRECTOR EMERITUS 1.00 X 0 0 0 G DAVID POWELL DIRECTOR EMERITUS 1.00 X 0 0 0 DUANE STRANAHAN JR DIRECTOR EMERITUS 1.00 X 0 0 0 PETER SULICK DIRECTOR EMERITUS 1.00 X 0 0 0 LINDA K TAYLOR DIRECTOR EMERITUS 1.00 X 0 0 0 CHARLES WINTON DIRECTOR EMERITUS 1.00 X 0 0 0 FAY BILES FOUNDATION FELLOWS 1.00 X 0 0 0 BARRON COLLIER III FOUNDATION FELLOWS 1.00 X 0 0 0 BEN HILL GRIFFIN III FOUNDATION FELLOWS 1.00 X 0 0 0 ALAN KOREST FOUNDATION FELLOWS 1.00 X 0 0 0 JULIET SPROUL FOUNDATION FELLOWS 1.00 X 0 0 0 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 24.00 16.00 X 0 101500 23635 CHRISTOPHER SIMONEAU EXECUTIVE DIRECTOR 30.00 10.00 X 0 114529 21958 JUDITH CASSIDY DIRECTOR OF DEVELOPMENT 36.00 4.00 X 0 107258 24136 LINDA LEHTOMAA DIRECTOR OF DEVELOPMENT 36.00 4.00 X 0 157841 28785 0 1309399 214437 0 0 1 0 0 251786 19521571 19773357 143046 1912 141134 371907 371907 561207 129896 431311 431311 431311 1212831 251786 364975 847856 847856 21567477 0 1912 1792208 5691283 5691283 13855 13855 58788 58788 420 420 272548 272548 60474 60474 753598 753598 42451 42451 298927 298714 213 262029 262029 1088057 1088057 72493 72493 23404 23404 348286 285228 63058 PROGRAM PRODUCTION 615699 615699 DUES AND SUBSCRIPTIONS 84076 2506 0 81570 LICENSE FEES 10447 10447 GIFTS 7063 0 0 7063 79960 61595 18365 9783858 8356992 250176 1176690 10965284 15087801 163942 189750 9145 6347 5333118 5000000 45349 29449 12289019 27827 4568696 12261192 63285127 75111075 315002 186470 84685663 107872084 93675 129294 6850000 6700000 251387 466518 7195062 7295812 X 6080506 7611520 17134648 34212544 54275447 58752208 77490601 100576272 84685663 107872084 11783619 11302052 0 X X 0 1 X 1 0 X 7525153 9625996 7579845 9386278 19773357 53890629 7525153 9625996 7579845 9386278 19773357 53890629 961632 52928997 439092 506089 459615 401576 1076160 2882532 624203 402106 194557 248444 1212831 2682141 59455302 0.89020 0.92800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2009 AMOUNT: $ 624,203. 2010 AMOUNT: $ 402,106. 2011 AMOUNT: $ 194,557. 2012 AMOUNT: $ 248,444. 2013 AMOUNT: $ 1,212,831. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62967823 4441540 10990245 1643021 1010983 75745604 55552348 2343393 6650208 890598 687528 62967823 56673447 1420061 -819880 903799 817481 55552348 44984515 4009917 8812085 379644 753426 56673447 38469654 2898862 3991631 -292974 668606 44984515 0.77570 0.22430 0 0 12251500 12251500 37519 27827 9692 12261192 U.S. EQUITIES 3151588 F U.S. PORTFOLIO MUTUAL FUNDS 25232823 F INTERNATIONAL EQUITIES MUTUAL FUNDS 23425564 F FIXED INCOME MUTUAL FUNDS 4094695 F MORTGAGE-BACKED SECURITIES 500044 F CORPORATE BONDS 5461172 F GOVERNMENT OBLIGATIONS 2140508 F MUNICIPAL BONDS 2507303 F U.S. TREASURY NOTES 2076314 F GLOBAL BOND FUND 2580140 F REAL ASSETS 569001 F PRIVATE EQUITY 3371923 F 75111075 GIFT ANNUITY PAYABLE 466518 466518 X 17477762 494871 494871 16982891 4584586 4584586 21567477 10278729 494871 494871 9783858 0 9783858 PART V, LINE 4: FUNDS ARE USED TO SUPPORT ENDOWED CHAIRS, PROFESSORSHIPS, SCHOLARSHIPS, FELLOWSHIPS AND OTHER PROGRAMS FOR THE BENEFIT OF FLORIDA GULF COAST UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS ORGANIZED EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 129,896. SPECIAL EVENTS DIRECT EXPENDITURES NETTED AGAINST SPECIAL EVENTS REVENUE 364,975. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS TO ENDOWMENTS INCLUDED ON FORM 990, PART VIII, LINE 1F 4,441,540. INTEREST EARNINGS INCLUDED ON FORM 990, PART VIII, LINE 3 143,046. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 129,896. SPECIAL EVENTS DIRECT EXPENDITURES NETTED AGAINST SPECIAL EVENTS REVENUE 364,975. GALA 326749 156885 169864 170885 7000 72399 GOLF TOURNAMENT 125605 75151 50454 2500 28683 23652 1012263 19750 992513 59856 1464617 251786 1212831 2500 199568 7000 155907 364975 847856 1 FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD SOUTH FORT MYERS FL 33965 650753801 GOVERNMENT ENTITY 5691283 SCHOLARSHIPS AND UNIVERSITY SUPPORT 1 PART I, LINE 2: THE FOUNDATION IS A DIRECT SUPPORT ORGANIZATION OF THE 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 FROM ASSISTANCE RECIPIENTS ARE REVIEWED FOR ELIGIBILITY PRIOR TO FUNDS BEING DISBURSED. ASSISTANCE IS AWARDED BASED ON CRITERIA AGREED UPON BETWEEN THE DONOR AND THE FOUNDATION. 0 0 0 0 0 0 0 0 0 WILSON G BRADSHAW PRESIDENT 0 367628 0 105000 0 117702 0 56545 0 16890 0 663765 0 0 STEVE MAGIERA ASSISTANT TREASURER 0 224801 0 0 0 13140 0 26218 0 16270 0 280429 0 0 LINDA LEHTOMAA DIRECTOR OF DEVELOPMENT 0 153179 0 0 0 4662 0 13733 0 15052 0 186626 0 0 JOHN FUMAGALLI PRESIDENT OF NORTHERN TRUST BRANCH AND A FOUNDATION BOARD MEMBER. 284005 INTEREST PAYMENTS ON LOANS HELD BY NORTHERN TRUST. 0 EDWARD MORTON BOARD MEMBER OF ORGANIZATION AND OFFICER OF INVESTMENT MANAGEMENT COMPANY INVESTMENT MANAGEMENT SERVICES 0 DAVID CALL BOARD MEMBER OF ORGANIZATION AND OFFICER OF FINANCIAL INSTITUTION 0 OPERATING BANK ACCOUNT HELD AT FINANCIAL INSTITUTION 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 11 THE COMPLETED FORM 990 IS PREPARED BY AN INDEPENDENT CPA AND IS REVIEWED BY BOTH THE CEO AND CFO PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE PERSONS COVERED UNDER THIS POLICY ARE THE FOUNDATION'S BOARD MEMBERS. THE MEMBERS ARE ASKED TO DISCLOUSE A FULL BIO OF THEMSELVES INCLUDING ITEMS THAT CAN CAUSE A CONFLICT OF INTEREST (INCLUDING BUSINESS AFFILIATES). WHEN A CONFLICT OF INTEREST IS IDENTIFIED IT IS DISCLOSED TO THE FOUNDATION BOARD FOR THEIR DECISION ON HANDLING. NO FORMAL RESTRICTIONS ARE PLACED ON THESE MEMBERS. IT HAS BEEN THE BOARD'S/COMMITTEE'S PRACTICE THAT THOSE INDIVIDUALS WOULD ABSTAIN FROM VOTING AND RELATED DISCUSSIONS ON ITEMS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C: THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT AND THE BOARD RETAINS OVERSIGHT OF THIS PROCESS. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD FORT MYERS FL 33965 650753801 UNIVERSITY EDUCATION FL GOVERNMENT ENTITY 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 FLORIDA GULF COAST UNIVERSITY B 1725303 FLORIDA GULF COAST UNIVERSITY J 384000 FLORIDA GULF COAST UNIVERSITY L 8553426 FLORIDA GULF COAST UNIVERSITY Q 177207 FLORIDA GULF COAST UNIVERSITY R 2441629