FLORIDA GULF COAST UNIVERSITY FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FLORIDA GULF COAST UNIVERSITY FOUNDATION INC (EIN 65-0403969)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-14
- IRS object ID
- 201310149349300331
- Schema version
- 2011v1.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-14T13:41:03-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6810 INTERNATIONAL CENTER BLVD | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 33912 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650403969 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLORIDA GULF COAST UNIVERSITY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FLOR | NameControl |
| Phone | 2395901060 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10501 FGCU BOULEVARD SOUTH | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 339656565 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GERARD CARRINGTON | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2395901073 | Phone |
| Date Signed | 2013-01-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN REDOVAN CPA | Name |
| PTIN | P01281045 | PTIN |
| Phone | 2392269900 | Phone |
| Date Prepared | 2013-01-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEVE MAGIERA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10501 FGCU BLVD | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 33965 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8234017 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://WWW.FGCU.EDU/FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS FOR EDUCATION AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 49 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 46 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 51 | TotalNbrVolunteers |
| Total Gross UBI | 1952 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9625996 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7579845 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 237089 | InvestmentIncomePriorYear |
| Investment Income Current Year | 225971 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 86418 | OtherRevenuePriorYear |
| Other Revenue Current Year | -7598 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9949503 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7798218 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2956933 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3967829 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1068250 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4375246 | OtherExpensePriorYear |
| Other Expenses Current Year | 4398511 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7332179 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8366340 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2617324 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -568122 | RevenuesLessExpensesCY |
| Total Assets BOY | 77511331 | TotalAssetsBOY |
| Total Assets EOY | 76134342 | TotalAssetsEOY |
| Total Liabilities BOY | 7371472 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7286351 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 70139859 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 68847991 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6931216 | Expense |
| Grants | 3967829 | Grants |
| Description | TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS FOR EDUCATION AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. | Description |
| Total Program Service Expense | 6931216 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 51 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 49 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 46 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERARD CARRINGTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2395901060 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10501 FGCU BLVD SOUTH | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 339656565 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (53 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| WILSON G BRADSHAW | |||||||
| PRESIDENT | 40.00 | X | X | 0 | 518847 | 52116 | |
| JOSEPH SHEPARD | |||||||
| ASSISTANT TREASURER | 40.00 | X | X | 0 | 193106 | 171384 | |
| JOHN R ALEXANDER | |||||||
| CHAIRPERSON | 1.00 | X | X | 0 | 0 | 0 | |
| PATRICIA M BARTON | |||||||
| VICE CHAIRPERSON | 1.00 | X | X | 0 | 0 | 0 | |
| JACK BLAIS | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| DAVID CALL | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| TIMOTHY J CARTWRIGHT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MILLER COUSE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BARBARA B DUFRANE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANDREA FRASER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN D FUMAGALLI | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GUENTHER GOSCH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LARRY HART | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANGELA HODGE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID A HOLMES | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LAURA A HOLQUIST | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| KIMBERLY L JOHNSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SYDNEY W KITSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES KNUPP | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| W BERNARD LESTER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN R LITTLE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID LUCAS | |||||||
| 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 | ||
| J MICHAEL ROLLO | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| AMBASSADOR FRANCIS ROONEY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RONALD TOLL | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAYNIE WHITCOMB | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES D WINTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PAUL WOODS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DUANE STRANAHAN JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PETER SULICK | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LINDA K TAYLOR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD C ACKERT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOSEPH CATTI | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES B EDWARDS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY D FRIDKIN | |||||||
| 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 | ||
| 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 | ||
| FAY BILES | |||||||
| DIRECTOR EMERITUS | 1.00 | X | 0 | 0 | 0 | ||
| BARRON COLLIER III | |||||||
| DIRECTOR EMERITUS | 1.00 | X | 0 | 0 | 0 | ||
| BEN HILL GRIFFIN III | |||||||
| DIRECTOR EMERITUS | 1.00 | X | 0 | 0 | 0 | ||
| ALAN KOREST | |||||||
| DIRECTOR EMERITUS | 1.00 | X | 0 | 0 | 0 | ||
| JULIET SPROUL | |||||||
| DIRECTOR EMERITUS | 1.00 | X | 0 | 0 | 0 | ||
| GERARD CARRINGTON | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | X | 0 | 99083 | 22278 | ||
| STEVE MAGIERA | |||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 0 | 226867 | 35024 | ||
| JUDITH CASSIDY | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 0 | 105151 | 22806 | X | ||
| LINDA LEHTOMAA | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 0 | 102873 | 21921 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1245927 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 325529 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 237325 | FundraisingEvents |
| All Other Contributions | 7342520 | AllOtherContributions |
| Total Contributions | 7579845 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 225971 | TotalRevenueColumn |
| Unrelated Business Revenue | 1952 | UnrelatedBusinessRevenue |
| Exclusion | $224,019 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 233644 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 196761 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 36883 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36883 | TotalRevenueColumn |
| Exclusion | $36,883 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 194557 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 237325 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 239038 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -44481 | TotalRevenueColumn |
| Exclusion | -$44,481 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7798218 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1952 | UnrelatedBusinessRevenue |
| Exclusion | $216,421 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3967829 | Total |
| Program Services | 3967829 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8648 | Total |
| Program Services | 5648 | ProgramServices |
| Management And General | 3000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57597 | Total |
| Program Services | 27900 | ProgramServices |
| Management And General | 29697 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80000 | Total |
| Management And General | 80000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 294301 | Total |
| Program Services | 285002 | ProgramServices |
| Management And General | 9299 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24735 | Total |
| Program Services | 22137 | ProgramServices |
| Management And General | 2598 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 629247 | Total |
| Program Services | 592991 | ProgramServices |
| Management And General | 36256 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39597 | Total |
| Program Services | 39352 | ProgramServices |
| Management And General | 245 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309093 | Total |
| Program Services | 237053 | ProgramServices |
| Management And General | 72040 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 197935 | Total |
| Program Services | 173932 | ProgramServices |
| Management And General | 24003 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1068250 | Total |
| Fundraising | 1068250 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76014 | Total |
| Management And General | 76014 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7504 | Total |
| Management And General | 7504 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 264649 | Total |
| Program Services | 239756 | ProgramServices |
| Management And General | 24893 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PROGRAM PRODUCTION | 1259387 | 1259387 | |
| DUES AND SUBSCRIPTIONS | 61053 | 55225 | 5828 |
| GIFTS | 16230 | 20733 | -4503 |
| CAPITAL OUTLAY | 4271 | 4271 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8366340 | Total |
| Program Services | 6931216 | ProgramServices |
| Management And General | 366874 | ManagementAndGeneral |
| Fundraising | 1068250 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200 | BOY |
| EOY | 196 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10915530 | BOY |
| EOY | 9824648 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163400 | BOY |
| EOY | 148100 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5535 | BOY |
| EOY | 424039 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6169525 | BOY |
| EOY | 5724132 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4597636 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21436 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4583704 | BOY |
| EOY | 4576200 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55632989 | BOY |
| EOY | 55433978 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40448 | BOY |
| EOY | 3049 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77511331 | BOY |
| EOY | 76134342 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95326 | BOY |
| EOY | 41132 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3049 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7000000 | BOY |
| EOY | 7000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 276146 | BOY |
| EOY | 242170 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7371472 | BOY |
| EOY | 7286351 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19972009 | BOY |
| EOY | 17816630 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50167850 | BOY |
| EOY | 51031361 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70139859 | BOY |
| EOY | 68847991 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77511331 | BOY |
| EOY | 76134342 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -568122 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -723746 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 12417868 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7162368 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7525153 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9625996 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7579845 | CurrentTaxYear |
| Total | 44311230 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 12417868 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7162368 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7525153 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9625996 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7579845 | CurrentTaxYear |
| Total | 44311230 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 3510570 | AmountsSubstContributorsTotal |
| Public Support Total170 | 40800660 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1247024 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 223389 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 175092 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 237089 | CurrentTaxYearMinus1Year |
| Current Tax Year | 224019 | CurrentTaxYear |
| Total | 2106613 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2544902 | CurrentTaxYearMinus4Years |
| Total | 2544902 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 48962745 | TotalSupport |
| Gross Receipts From Admissions Etc | 2189530 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.83330 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.78250 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 56673447 | BeginningOfYearBalance |
| Contributions | 1420061 | Contributions |
| Investment Earnings Or Losses | -819880 | InvestmentEarningsOrLosses |
| Other Expenditures | 903799 | OtherExpenditures |
| Administrative Expenses | 817481 | AdministrativeExpenses |
| End Of Year Balance | 55552348 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 44984515 | BeginningOfYearBalance |
| Contributions | 4009917 | Contributions |
| Investment Earnings Or Losses | 8812085 | InvestmentEarningsOrLosses |
| Other Expenditures | 379644 | OtherExpenditures |
| Administrative Expenses | 753426 | AdministrativeExpenses |
| End Of Year Balance | 56673447 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38469654 | BeginningOfYearBalance |
| Contributions | 2898862 | Contributions |
| Investment Earnings Or Losses | 3991631 | InvestmentEarningsOrLosses |
| Other Expenditures | -292974 | OtherExpenditures |
| Administrative Expenses | 668606 | AdministrativeExpenses |
| End Of Year Balance | 44984515 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 46499251 | BeginningOfYearBalance |
| Contributions | 2249767 | Contributions |
| Investment Earnings Or Losses | -8706277 | InvestmentEarningsOrLosses |
| Other Expenditures | 1081434 | OtherExpenditures |
| Administrative Expenses | 491653 | AdministrativeExpenses |
| End Of Year Balance | 38469654 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4551500 | OtherCostOrOtherBasis |
| Book Value | 4551500 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 46136 | OtherCostOrOtherBasis |
| Depreciation | 21436 | Depreciation |
| Book Value | 24700 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4576200 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (11 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| U.S. EQUITIES | 7792075 | F |
| CORPORATE BONDS | 1731405 | F |
| U.S. GOVERNMENT OBLIGATIONS | 2914196 | F |
| MORTGAGE BACKED SECURITIES | 786313 | F |
| MUNICIPAL BONDS | 2067166 | F |
| REAL ASSETS | 543365 | F |
| PRIVATE EQUITY | 1609021 | F |
| U.S. PORTFOLIO MUTUAL FUNDS | 11060868 | F |
| INTERNATIONAL PORTFOLIO MUTUAL FUNDS | 16662215 | F |
| GLOBAL BOND FUND | 5171822 | F |
| FIXED INCOME MUTUAL FUNDS | 5095532 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 55433978 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | GIFT ANNUITY PAYABLE | Description |
| Amount | $242,170 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 242170 | TotalOfAmounts |
| Total Revenue | 7798218 | TotalRevenue |
| Total Expenses | 8366340 | TotalExpenses |
| Excess Or Deficit For Year | -568122 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -723742 | NetUnrealizedGLOnInvestments |
| Other | -$4 | OtherAmount |
| Total Adjustments | -723746 | TotalAdjustments |
| Excess Or Deficit Per FS | -1291868 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7510271 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -723742 | NetUnrealizedGainsInvestments |
| Other Revenues | 435800 | OtherRevenues |
| Revenue Not Rptd F990 | -287942 | RevenueNotRptdF990 |
| Revenue Subtotal | 7798213 | RevenueSubtotal |
| Other Revenues Not Included | 5 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7798218 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8802139 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 435800 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 435800 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8366339 | ExpensesSubtotal |
| Other Expenses Not Included | 1 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8366340 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | 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 XI, LINE 8 - OTHER ADJUSTMENTS: | ROUNDING -4. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED AGAINST RENTAL INCOME. 196,761. SPECIAL EVENTS DIRECT EXPENDITURES NETTED AGAINST SPECIAL EVENTS REVENUE. 239,039. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING 5. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED AGAINST RENTAL INCOME. 196,761. SPECIAL EVENTS DIRECT EXPENDITURES NETTED AGAINST SPECIAL EVENTS REVENUE. 239,039. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING 1. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 296502 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 154500 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 142002 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 122191 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 7000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 46235 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF TOURNAMENT | NameOfEvent2 |
| Gross Receipts Event2 | 129185 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 81325 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 47860 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 2800 | CashPrizesEvent2 |
| Food And Beverage Event2 | 23917 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 32129 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 6195 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 1500 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 4695 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 4766 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 431882 | GrossReceiptsTotal |
| Charitable Contributions Total | 237325 | CharitableContributionsTotal |
| Gross Revenue Total Events | 194557 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 2800 | CashPrizesTotalEvents |
| Food And Beverage Total Events | 146108 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 7000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 83130 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 239038 | DirectExpenseSummaryEvents |
| Net Income Summary | -44481 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLORIDA GULF COAST UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10501 FGCU BLVD SOUTH | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 33965 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 650753801 | EINOfRecipient |
| IRC Section | GOVERNMENT ENTITY | IRCSection |
| Amount Of Cash Grant | 1286270 | AmountOfCashGrant |
| Purpose Of Grant | SCHOLARSHIPS | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILSON G BRADSHAW | |||||||||||||
| 0 | 401232 | 0 | 60000 | 0 | 57615 | 0 | 35994 | 0 | 16122 | 0 | 570963 | 0 | 0 |
| JOSEPH SHEPARD | |||||||||||||
| 0 | 185988 | 0 | 0 | 0 | 7118 | 0 | 162312 | 0 | 9072 | 0 | 364490 | 0 | 0 |
| STEVE MAGIERA | |||||||||||||
| 0 | 211547 | 0 | 6000 | 0 | 9320 | 0 | 19488 | 0 | 15536 | 0 | 261891 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | NORTHERN TRUST - JOHN FUMAGALLI | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | PRESIDENT OF NORTHERN TRUST BRANCH AND A FOUNDATION BOARD MEMBER. | Relationship |
| Amount Of Transaction | 186119 | AmountOfTransaction |
| Description Of Transaction | INTEREST PAYMENTS ON LOANS HELD BY NORTHERN TRUST. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -723,742. ROUNDING -4. TOTAL TO FORM 990, PART XI, LINE 5: -723,746. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| 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. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLORIDA GULF COAST UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10501 FGCU BLVD | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 33965 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650753801 | EIN |
| Primary Activities | UNIVERSITY EDUCATION | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | GOVERNMENT ENTITY | ExemptCodeSection |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| FLORIDA GULF COAST UNIVERSITY | |
| B | 1286270 |
| FLORIDA GULF COAST UNIVERSITY | |
| I | 240000 |
| FLORIDA GULF COAST UNIVERSITY | |
| K | 7515869 |
| FLORIDA GULF COAST UNIVERSITY | |
| P | 175344 |
| FLORIDA GULF COAST UNIVERSITY | |
| Q | 1716558 |
Comments