UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC (EIN 59-0879015)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-05-14
IRS object ID: 201321349349300272
Schema version: 2011v1.5
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 C
Schedule D
Schedule F
Schedule G
Schedule I
Schedule J
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-14T10:21:54-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	55 IVAN ALLEN BLVD SUITE 1000	AddressLine1
City	ATLANTA	City
State	GA	State
ZIP Code	30308	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	590879015	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	University of South Florida Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% ROBERT FISCHMAN	InCareOfName
Name Control	UNIV	NameControl
Phone	8139741801	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4202 East Fowler Avenue	AddressLine1
City	Tampa	City
State	FL	State
ZIP Code	33620	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Rob Fischman	Name
Title	CFO	Title
Phone	8139741778	Phone
Date Signed	2013-05-14	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	4048748300	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Joel Momberg	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	4202 East Fowler Ave ALC 100	AddressLine1
City	Tampa	City
State	FL	State
ZIP Code	33620	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	298421230	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	http://giving.usf.edu/	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1960	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	To accept, invest and distribute private gifts in support of the university of south florida.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	52	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	44	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	556	TotalNbrVolunteers
Total Gross UBI	-102335	TotalGrossUBI
Net Unrelated Business Txbl Income	-110437	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	76547593	ContributionsGrantsPriorYear
Contributions Grants Current Year	53054677	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	841929	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1243225	ProgramServiceRevenueCY
Investment Income Prior Year	3264674	InvestmentIncomePriorYear
Investment Income Current Year	21695515	InvestmentIncomeCurrentYear
Other Revenue Prior Year	5129933	OtherRevenuePriorYear
Other Revenue Current Year	4534715	OtherRevenueCurrentYear
Total Revenue Prior Year	85784129	TotalRevenuePriorYear
Total Revenue Current Year	80528132	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	94180647	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	66030514	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	571406	SalariesEtcPriorYear
Salaries Etc Current Year	612299	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	475331	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	445147	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	3638010	TotalFundrsngExpCurrentYear
Other Expense Prior Year	8840348	OtherExpensePriorYear
Other Expenses Current Year	10768309	OtherExpensesCurrentYear
Total Expenses Prior Year	104067732	TotalExpensesPriorYear
Total Expenses Current Year	77856269	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-18283603	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2671863	RevenuesLessExpensesCY
Total Assets BOY	519264683	TotalAssetsBOY
Total Assets EOY	494819223	TotalAssetsEOY
Total Liabilities BOY	46045301	TotalLiabilitiesBOY
Total Liabilities EOY	33573013	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	473219382	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	461246210	NetAssetsOrFundBalancesEOY
Mission Description	THE FOUNDATION SERVES AS THE OFFICIAL LEGAL CONDUIT FOR THE ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF PRIVATE GIFTS IN SUPPORT OF THE ACTIVITIES AND PROGRAMS OF THE UNIVERSITY OF SOUTH FLORIDA WHICH INCLUDES THE COLLEGES, CAMPUSES, HEALTH, ATHLETICS, AND OTHER APPROPRIATE UNIVERSITY-RELATED UNITS. SUPPORT IS GIVEN TO USF BY PROVIDING FUNDING FOR THE ENDOWED CHAIRS, GRANTS, AND STUDENT SCHOLARSHIPS AMONG OTHER ACTIVITIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	67855487	Expense
Grants	66030514	Grants
Revenue	5814587	Revenue
Description	The Foundation serves as the official legal conduit for the acceptance, investment, and distribution of private gifts in support of the activities and programs of the University of South Florida which includes the Colleges, Campuses, Health, Athletics, and other appropriate University-related units. Support is given to USF by providing funding for the endowed chairs, grants, and student scholarships among other activities.	Description
Total Program Service Expense	67855487	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	true	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	true	MoreThan5000KToOrganizations
More Than5000 K To Individuals	true	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	169	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	true	ForeignFinancialAccount
Name Of Foreign Country	AS	NameOfForeignCountry
Name Of Foreign Country	BE	NameOfForeignCountry
Name Of Foreign Country	BR	NameOfForeignCountry
Name Of Foreign Country	CA	NameOfForeignCountry
Name Of Foreign Country	GM	NameOfForeignCountry
Name Of Foreign Country	HK	NameOfForeignCountry
Name Of Foreign Country	SN	NameOfForeignCountry
Name Of Foreign Country	SW	NameOfForeignCountry
Name Of Foreign Country	UK	NameOfForeignCountry
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form1098 C Filed	true	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	52	NbrVotingGoverningBodyMembers
Number Independent Voting Members	44	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ROBERT FISCHMAN	NamePerson
Telephone Number	8139741801	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4202 E FOWLER AVE	AddressLine1
City	Tampa	City
State	FL	State
ZIP Code	33620	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (62 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Gordon L Gillette
Chairman	5.0	X	X	0	0	0
Linda O Simmons
Vice Chairman	5.0	X	X	0	0	0
Oscar J Horton
Assistant Treasurer	5.0	X	X	0	0	0
Alan C Bomstein
TREASURER	5.0	X	X	0	0	0
Joe P Teague
SECRETARY	5.0	X	X	0	0	0
George Morgan
Board Member	1.0	X		0	0	0
Leslie M Muma
Board Member	1.0	X		0	0	0
John R Schueler
Board Member	1.0	X		0	0	0
Don A Aripoli
Board Member	1.0	X		0	0	0
Charles R Baumann
Board Member	1.0	X		0	0	0
Delano E Bellew
Board Member	1.0	X		0	0	0
Franklin N Biggins
Board Member	1.0	X		0	0	0
Shaukat H Chowdhari
Board Member	1.0	X		0	0	0
Cornelia G Corbett
Board Member	1.0	X		0	0	0
TJ Couch
Board Member	1.0	X		0	0	0
William A Eickhoff
Board Member	1.0	X		0	0	0
Mark Fernandez
Board Member	1.0	X		0	0	0
Keri A Gawrych
Board Member	1.0	X		0	0	0
Judy L Genshaft
President, USF	5.0	X		0	466427	34697
Herbert Gimelstob
Board Member	1.0	X		0	0	0
Richard Gonzmart
Board Member	1.0	X		0	0	0
John C Greer
Board Member	1.0	X		0	0	0
Arthur M Guilford
Regional Chancellor SM	5.0	X		0	216086	31777
Richard Heruska
Board Member	1.0	X		0	0	0
Pam Iorio
Board Member	1.0	X		0	0	0
Stephanie H Johnson
Board Member	1.0	X		0	0	0
Tina P Johnson
Board Member	1.0	X		0	0	0
Brian P Keenan
Board Member	1.0	X		0	0	0
Thomas R Kennedy
Board Member	1.0	X		0	0	0
Victor P Leavengood
Board Member	1.0	X		0	0	0
Ann Liguori
Board Member	1.0	X		0	0	0
Elizabeth G Lindsay
Board Member	1.0	X		0	0	0
John Long
COO & SVP USF	1.0	X		0	119397	9552
Linda D Marcelli
Board Member	1.0	X		0	0	0
Roger D Monsour
Board Member	1.0	X		0	0	0
Ray E Newton
Board Member	1.0	X		0	0	0
Betty Otter-Nickerson
Board Member	1.0	X		0	0	0
Carole F Philipson
Board Member	1.0	X		0	0	0
Frank J Rief III
Board Member	1.0	X		0	0	0
Paul R Sanberg
Board Member	1.0	X		0	0	0
Nancy M Schneid
Board Member	1.0	X		0	0	0
Robert Silvest
Board Member	1.0	X		0	0	0
Geoffrey A Simon
Board Member	1.0	X		0	0	0
John T Sinnott
Assoc Dean, College Medicine	5.0	X		0	0	0
Richard Smith
Board Member	1.0	X		0	0	0
Margaret M Sullivan
Regional Chancellor SP	5.0	X		0	260926	36263
Charles F Touchton
Board Member	1.0	X		0	0	0
David Touchton
USFPolytechnic InterChancellor	5.0	X		0	0	0
Ralph C Wilcox
Exec VP & Provost, USF	5.0	X		0	346224	33236
Marshall Goodman
VP & CEO, USF Polytechnic	5.0	X		0	274567	34530
Vivien A Olivia
Board Member	1.0	X		0	0	0
Joel Momberg
VP, Univ Adv & CEO USFF	40.0	X	X	0	555766	48534
Robert Fischman
Assoc VP, Bus & Fin, USFF CFO	40.0		X	0	172631	27970
Noreen E Segrest
Assoc VP, Adv & USFF Counsel	40.0		X	0	192398	29484
Steven Blair
AVP of USF Health, USFF	40.0			3402	218801	31734	X
Rodney Grabowski
Sr AVP & Campaign Dir, USFF	40.0			0	242761	33396	X
Deborah Lee Williams
AVP, USFF	40.0			0	205203	26084	X
Julie Gillespie
AVP Gifts, USFF	40.0			0	142478	23146		X
Vicki Mitchell
AVP Athletics, USFF	40.0			0	142126	16244		X
Susan Murray
Sr. Dir of Development USFF	40.0			0	133052	17677		X
Kelly Ritrievi
Sr. Director Gift Plan, USFF	40.0			0	122658	16717		X
Ronald A Sherman
Dir of Development	40.0			0	108802	20839		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3402	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	3920303	TotalReportableCompFrmRltdOrgs
Total Other Compensation	471880	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	true	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
National Public Radio Inc
PO Box 79540	BALTIMORE	MD	21279	Programming Fees	588972
Ruffalo Cody Associates
PO Box 3018	CEDAR RAPIDS	IA	52406	Fundraising Expense	445147
JCP Associates
28650 Via D Arezzo Drive	BONITA SPRINGS	FL	34135	Lobbying Fees	341250
Public Broadcasting Service
14400 Collections Center Drive	CHICAGO	IL	60693	NATL PROGRAMMING SRV	309087
Corcoran Johnston Blair
13309 Thoroughbred Drive	DADE CITY	FL	335256215	Lobbying Fees	148600

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K
Fundraising Events	970720	FundraisingEvents
Government Grants	666703	GovernmentGrants
All Other Contributions	51417254	AllOtherContributions
Noncash Contributions	28020194	NoncashContributions
Total Contributions	53054677	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
PUBLIC BROADCASTING SPONSORSHIPS	515111	1150220	1150220
USF UNIVERSITY SPONSORSHIPS	900099	24487	24487
RENTAL INCOME	531110	26745	15255	11490
MEMBERSHIP DUES	813410	41773	41773

Field	Value	IRS element (for citing)
Total Program Service Revenue	1243225	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	9710135	TotalRevenueColumn
Unrelated Business Revenue	-113825	UnrelatedBusinessRevenue
Exclusion	$9,823,960	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	229011984	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	217026604	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	11985380	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	11985380	TotalRevenueColumn
Exclusion	$11,985,380	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	829847	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	970720	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	866494	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-36647	TotalRevenueColumn
Exclusion	-$36,647	ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RELATED ORGANIZATION SUPPORT	900099	3683269	3683269
ATHLETIC 80/20 REVENUE	713990	358004	358004
ALL OTHER REVENUE	900099	530089	530089

Field	Value	IRS element (for citing)
Total Other Revenue	4571362	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	80528132	TotalRevenueColumn
Related Or Exempt Function Income	5803097	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	-102335	UnrelatedBusinessRevenue
Exclusion	$21,772,693	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	65872835	Total
Program Services	65872835	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	157679	Total
Program Services	157679	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	612299	Total
Program Services	312284	ProgramServices
Management And General	141307	ManagementAndGeneral
Fundraising	158708	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	0	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	332	Total
Management And General	332	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	94400	Total
Management And General	94400	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	303040	Total
Management And General	303040	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	445147	Total
Fundraising	445147	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	3195084	Total
Management And General	3195084	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	312313	Total
Management And General	133703	ManagementAndGeneral
Fundraising	178610	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	455657	Total
Management And General	160187	ManagementAndGeneral
Fundraising	295470	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	266025	Total
Management And General	68597	ManagementAndGeneral
Fundraising	197428	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	137586	Total
Management And General	57688	ManagementAndGeneral
Fundraising	79898	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	22247	Total
Program Services	21993	ProgramServices
Management And General	254	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	67721	Total
Management And General	67721	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	FundraisingFundraising	Program ServicesProgramServices
EMPLOYEE LEASING EXPENSE	3651402	1646767	2004635
BAD DEBT EXPENSE	1490696			1490696
COMMUNITY RELATIONS	291771	47157	244614
INVESTMENT EXPENSES	202877	202877

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	277158	Total
Management And General	243658	ManagementAndGeneral
Fundraising	33500	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	77856269	Total
Program Services	67855487	ProgramServices
Management And General	6362772	ManagementAndGeneral
Fundraising	3638010	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	7479567	BOY
EOY	990844	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	41739809	BOY
EOY	42363528	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	528559	BOY
EOY	414870	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2130602	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	925656	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1227191	BOY
EOY	1204946	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	403640404	BOY
EOY	381428598	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	60550547	BOY
EOY	64689577	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	4098606	BOY
EOY	3726860	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	519264683	BOY
EOY	494819223	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	6115306	BOY
EOY	8656647	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	23316728	BOY
EOY	6189142	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	16613267	BOY
EOY	18727224	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	46045301	BOY
EOY	33573013	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	3176194	BOY
EOY	2468723	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	163693019	BOY
EOY	144342132	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	306350169	BOY
EOY	314435355	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	473219382	BOY
EOY	461246210	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	519264683	BOY
EOY	494819223	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2671863	ReconcilationRevenueExpenses
Reconcilation Other Changes	-14645035	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	62848864	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	42379683	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	37270262	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	76547593	CurrentTaxYearMinus1Year
Current Tax Year	53054677	CurrentTaxYear
Total	272101079	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	300000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	300000	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	300000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	300000	CurrentTaxYearMinus1Year
Current Tax Year	300000	CurrentTaxYear
Total	1500000	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	63148864	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	42679683	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	37570262	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	76847593	CurrentTaxYearMinus1Year
Current Tax Year	53354677	CurrentTaxYear
Total	273601079	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	61787499	AmountsSubstContributorsTotal
Public Support Total170	211813580	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	12593214	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11531119	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	12607182	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	11818429	CurrentTaxYearMinus1Year
Current Tax Year	9823960	CurrentTaxYear
Total	58373904	Total

Net UBI NetUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	99526	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	99526	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4906725	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5008387	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	6760688	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5743528	CurrentTaxYearMinus1Year
Current Tax Year	5401209	CurrentTaxYear
Total	27820537	Total

Field	Value	IRS element (for citing)
Total Support	359895046	TotalSupport
Gross Receipts From Admissions Etc	7923113	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.58854	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.63770	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 C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbying
Total Direct Lobbying		TotalDirectLobbying
Total Lobbying Expenditures		TotalLobbyingExpenditures
Other Exempt Purpose Expenditures		OtherExemptPurposeExpenditures
Total Exempt Purpose Expenditures		TotalExemptPurposeExpenditures
Lobbying Nontaxable		LobbyingNontaxableAmount
Grassroots Nontaxable		GrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	true	DirectContactLegislators
Direct Contact Legislators	$303,040	DirectContactLegislatorsAmount
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	false	OtherActivities
Total Lobbying Expenditures IIB	303040	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Explanation for other lobbying activities	Identifier
Return Reference	Schedule C, Part II-B, line G	ReturnReference
Explanation	$7,190 was expended in general support of the University of South Florida Office of Government Relations during the 2011-2012 Florida State legislative session. A fee of $295,850 including expenses was paid to management consultant firms. All monies were expended to support the interests of the University of South Florida; no monies were paid in support of or in opposition to any candidate for political office.	Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Revenues Included	11401	RevenuesIncluded
Assets In Part X	2692737	AssetsInPartX

Field	Value	IRS element (for citing)
Held Works Of Art Amts		HeldWorksOfArtAmts
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Collect Used For Loan Or Exch Prgrms	X	CollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	371063605	BeginningOfYearBalance
Contributions	8774042	Contributions
Investment Earnings Or Losses	34004	InvestmentEarningsOrLosses
Grants Or Scholarships	15321160	GrantsOrScholarships
Other Expenditures	0	OtherExpenditures
Administrative Expenses	7248165	AdministrativeExpenses
End Of Year Balance	357302326	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	313232785	BeginningOfYearBalance
Contributions	8439335	Contributions
Investment Earnings Or Losses	72955589	InvestmentEarningsOrLosses
Grants Or Scholarships	15325783	GrantsOrScholarships
Other Expenditures	1069321	OtherExpenditures
Administrative Expenses	7169000	AdministrativeExpenses
End Of Year Balance	371063605	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	287137931	BeginningOfYearBalance
Contributions	8273844	Contributions
Investment Earnings Or Losses	40339187	InvestmentEarningsOrLosses
Grants Or Scholarships	15421137	GrantsOrScholarships
Other Expenditures	0	OtherExpenditures
Administrative Expenses	7097040	AdministrativeExpenses
End Of Year Balance	313232785	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	379527648	BeginningOfYearBalance
Contributions	11931482	Contributions
Investment Earnings Or Losses	-73531956	InvestmentEarningsOrLosses
Grants Or Scholarships	17550782	GrantsOrScholarships
Other Expenditures	6281457	OtherExpenditures
Administrative Expenses	6957004	AdministrativeExpenses
End Of Year Balance	287137931	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.05875	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.94125	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	685345	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	388825	OtherCostOrOtherBasis
Book Value	1074170	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	633037	OtherCostOrOtherBasis
Depreciation	506428	Depreciation
Book Value	126609	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	283577	OtherCostOrOtherBasis
Depreciation	279410	Depreciation
Book Value	4167	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	139818	OtherCostOrOtherBasis
Depreciation	139818	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1204946	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (5 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
ADAMS STREET PARTNERS, LLC	28696008	F
OAKTREE CAPITAL MGMT., LLC	17753280	F
COMMONFUND CAPITAL, INC.	8954490	F
METROPOLITAN REAL EST MGMT LLC	6844231	F
FLAG CAPITAL MANAGEMENT, LLC	2441568	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	64689577	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
AMOUNTS DUE TO THIRD PARTY BNF	$18,270,879
ANNUITIES AND LIFE INCME TRSTS	$456,345

Field	Value	IRS element (for citing)
Total Of Amounts	18727224	TotalOfAmounts
Total Revenue	80528132	TotalRevenue
Total Expenses	77856269	TotalExpenses
Excess Or Deficit For Year	2671863	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-14645035	NetUnrealizedGLOnInvestments
Total Adjustments	-14645035	TotalAdjustments
Excess Or Deficit Per FS	-11973172	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	62485135	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-14645035	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	-14645035	RevenueNotRptdF990
Revenue Subtotal	77130170	RevenueSubtotal
Investment Expenses Not Included	3397962	InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt	3397962	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	80528132	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	74458307	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	74458307	ExpensesSubtotal
Investment Expenses Not Included2	3397962	InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt	3397962	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	77856269	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Description of Books and Art Objects	Schedule D, Part III, Line 1A and Line 4	It is the concerted mission of the University of South Florida Contemporary Art Museum to achieve a bold, creative environment for the enrichment and intellectual growth of students, faculty of the University (on the Tampa and regional campuses), the Tampa Bay community and beyond. The Contemporary Art Museum provides opportunities for innovative and experimental teaching and research. The Contemporary Art Museum will expand, house, manage, preserve, conserve, and exhibit the University's art collections. The Contemporary Art Museum initiates and develops interdisciplinary programs in keeping with its mission. The Contemporary Art Museum provides the leadership for public art projects and major acquisitions of art on the USF campuses and catalogues, manages, and oversees their care and preservation. The USF Contemporary Art Museum maintains and manages a permanent collection of contemporary art. As the legal conduit for the raising, acceptance, investment and distribution of all private gifts made to the University of South Florida, donations of works to the Contemporary Art Museum permanent collection are the fiduciary responsibility of the University of South Florida Foundation.
Intended uses of endowment funds	Schedule D, Part V, Line 4	The Foundation endowment consists of approximately 900 individual funds established for a variety of purposes in support of the mission of the University of South Florida including: scholarships, fellowships, endowed chairs, professorships, facility improvement and equipment, research, etc. The endowment includes both donor-restricted endowment funds and funds held on behalf of the Universitys Direct Support Organizations (DSO) to function as endowments. Net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. The Foundation classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time of the accumulation is added to the fund. The remaining portion of the donor-restricted endowment fund that is not classified in permanently restricted net assets is classified as temporarily restricted net assets until those amounts are appropriated for expenditure by the organization in a manner consistent with the standard of prudence prescribed by the Florida Uniform Management of Institutional Funds Act. The Foundation has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain purchasing power of the endowment assets.
ASC 740 Footnote	Schedule D, Part X, line 2	The Foundation has been granted tax-exempt status under Section 501(a) as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. Income earned in furtherance of the Foundations tax-exempt purposes is exempt from federal and state income taxes. The Foundation adopted the provisions of the Accounting Standards Codification No. 740-10-25 (ASC 750-10-25), Accounting for Uncertainty in Income Taxes, effective July 1, 2007. ASC 740-10-25 clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. ASC 740-10-25 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Foundation determined that during the years ended June 30, 2012 and 2011, the impact of ASC 740-10-25 did not have a material effect on its financial position, activities, or cash flows.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	true	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (10 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures	Number Of EmployeesNumberOfEmployees
Sub-Saharan Africa	Program Services	See Sch F, Part V	8472
East Asia and the Pacific	Program Services	See Sch F, Part V	10731
South Asia	Program Services	See Sch F, Part V	176824	1
Central America and the Caribbean	Program Services	See Sch F, Part V	16742
North America	Program Services	See Sch F, Part V	13833
Europe (Including Iceland and Greenland)	Program Services	See Sch F, Part V	146243	1
Middle East and North Africa	Program Services	See Sch F, Part V	28744
Russia and the Newly Independent States	Program Services	See Sch F, Part V	2086
Europe (Including Iceland and Greenland)	Fundraising	See Sch F, Part V	9142
South America	Program Services	See Sch F, Part V	3185

Field	Value	IRS element (for citing)
Subtotal Number Of Employees	2	SubtotalNumberOfEmployees
Total Number Of Employees	2	TotalNumberOfEmployees
Subtotal Amount Spent	416002	SubtotalAmountSpent
Total Amount Spent	416002	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

Field	Value	IRS element (for citing)
Region	South Asia	Region
Amount Of Cash Grant	135603	AmountOfCashGrant
Manner Of Cash Disbursement	WIRETRANSFER	MannerOfCashDisbursement

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	0	TotalNumberOf501c3Orgs
Total Number Of Other Orgs	1	TotalNumberOfOtherOrgs

Grants To Ind Outside US GrantsToIndOutsideUS

Field	Value	IRS element (for citing)
Type Of Assistance	See Schedule F, Part V	TypeOfAssistance
Region	Europe/Iceland/Greenland	Region
Number Of Recipients	1	NumberOfRecipients
Amount Of Cash Grant	22076	AmountOfCashGrant
Manner Of Cash Disbursement	wiretransfer	MannerOfCashDisbursement

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	true	OwnForeignCorp
Passive Foreign Invest Co	true	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Organization's Procedures for Monitoring Use of Grant Funds Outside the US	Schedule F, Part I, Line 2	Foundation foreign program expenses consisted of two types. The first is travel expenses incurred by University employees for program service activities conducted outside of the United States. The Foundation's process for monitoring these expenses includes coding these types of expenses appropriately through the normal check disbursement process. The second relates to the USF BRIT program. The Foundation maintains a contract with a UK citizen living outside of the US to function as the London administrator of the University of South Florida British International Theatre (BRIT) program. The administrator is paid a fee for identifying and engaging artists for the program. To expedite the process of contracting guest artists from the United Kingdom, the Foundation also provides advanced funding to the administrator. The Foundation receives a financial report with supporting documentation (receipts) for all expenditures within ninety (90) days of the conclusion of the BRIT program annual event. Any difference will be returned to the Foundation or paid to the administrator as appropriate.
Description of program services	Schedule F, Part I, Line 3(E) and Part II (d)	SANNAM S4 DELIVERS CONSULTING SERVICES TO SUPPORT USF ACHIEVING ITS INDIA OBJECTIVE WITH A PARTICULAR FOCUS ON INDIA SPECIFIC STUDENT RECRUITMENT, BRAND BUILDING AND IDENTIFICATION OF STRATEGIC PARTNERS FOR RESEARCH, TEACHING, COLLABORATIONS AND STUDENT EXCHANGE.
Description of program services	Schedule F, Part I, Line 6(E) and Part III (A)	The USF BRIT Program strives to bring the best of both classical and contemporary approaches of British Theatre to the students in the USF School of Theatre and Dance and to audiences in Tampa, Florida. Expenses are incurred in Europe to locate and engage professional directors and choreographers, leading voice and speech experts and top rate designers. These experts have brought their knowledge and experience in British classical theatre and contemporary cutting edge theatre to the students at USF in the form of hands on master classes and workshops. Program service expenses were also incurred for various travel related expenses. These expenses were incurred to support related educational, research, and service activities of USF in accordance with the mission of the Foundation.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Field	Value	IRS element (for citing)
Name Of Individual	Ruffalo Cody and Associates	NameOfIndividual
Activity	Annual Giving	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	623363	GrossReceipts
Amount Retained By Contractor	445147	AmountRetainedByContractor
Net To Organization	178217	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	623363	TotalGrossReceipts
Total Retained By Contractors	445147	TotalRetainedByContractors
Total Net To Organization	178217	TotalNetToOrganization
Licensed States	AL	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	MS	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MT	LicensedStates
Licensed States	NE	LicensedStates
Licensed States	NV	LicensedStates
Licensed States	NM	LicensedStates
Licensed States	NC	LicensedStates
Licensed States	ND	LicensedStates
Licensed States	PA	LicensedStates
Licensed States	RI	LicensedStates
Licensed States	SD	LicensedStates
Licensed States	TN	LicensedStates
Licensed States	TX	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	VA	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	WY	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	TILT	NameOfEvent1
Gross Receipts Event1	329150	GrossReceiptsEvent1
Charitable Contributions Event1	294320	CharitableContributionsEvent1
Gross Revenue Event1	34830	GrossRevenueEvent1
Rent Facility Costs Event1	798	RentFacilityCostsEvent1
Other Direct Expenses Event1	173316	OtherDirectExpensesEvent1
Name Of Event2	Bulls Fest 2011	NameOfEvent2
Gross Receipts Event2	169018	GrossReceiptsEvent2
Charitable Contributions Event2	23850	CharitableContributionsEvent2
Gross Revenue Event2	145168	GrossRevenueEvent2
Other Direct Expenses Event2	21282	OtherDirectExpensesEvent2
Total Number Of Other Events	97	TotalNumberOfOtherEvents
Gross Receipts Other Events	1302399	GrossReceiptsOtherEvents
Charitable Contrib Other Events	652550	CharitableContribOtherEvents
Gross Revenue Other Events	649849	GrossRevenueOtherEvents
Cash Prizes Other Events	25	CashPrizesOtherEvents
Rent Facility Costs Other Events	27188	RentFacilityCostsOtherEvents
Entertainment Other Events	5115	EntertainmentOtherEvents
Other Direct Expenses Other Events	638770	OtherDirectExpensesOtherEvents
Gross Receipts Total	1800567	GrossReceiptsTotal
Charitable Contributions Total	970720	CharitableContributionsTotal
Gross Revenue Total Events	829847	GrossRevenueTotalEvents
Cash Prizes Total Events	25	CashPrizesTotalEvents
Rent Facility Costs Total Events	27986	RentFacilityCostsTotalEvents
Entertainment Total Events	5115	EntertainmentTotalEvents
Other Direct Expenses Total Events	833368	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	866494	DirectExpenseSummaryEvents
Net Income Summary	-36647	NetIncomeSummary

Form990 Schedule G Part IV Form990ScheduleGPartIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Distinguishing Pymts for Prof. Fundraising Services from Exp Pymt or Reimb	Schedule G, Part I, Col v	The Foundation has contracted with a telemarketing service provider, Ruffalo CODY, in order to manage a twelve-month-a-year, on campus telephone fundraising program. Payments are made based on this contract, and its agreed upon annual completed call rate. The Foundation has the right to terminate this agreement at any time and any reason upon sixty days written notice to the other party.
Fundraising Activities	Schedule G, Part II	Form 990 reporting requires contributions from fundraising events be reported on Line 1, Part VIII; therefore, Line 2, Part II, Schedule G subtracts contributions from fundraising receipts. This results in a loss of ($36,647) from the fundraising events on Line 11, Schedule G with the $970,720 of contributions reflected on Line 1, Part VIII.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
University of South Florida
4202 E Fowler Ave	Tampa	FL	33620	593102112	Govrmnt Entity	65472835	Academic & Student Support
Alumni Association
4202 E Fowler Ave	Tampa	FL	33620	237357236	501(C)(3)	400000	Alumni Program Support

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	2	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Description of Organization's Procedures for Monitoring the Use of Grants	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	GRANT EXPENSES ARE AMOUNTS TRANSFERRED DIRECTLY TO OR PAID ON BEHALF OF THE UNIVERSITY OR THE USF ALUMNI ASSOCIATION IN ACCORDANCE WITH DONOR RESTRICTIONS. ALL EXPENSES RELATED TO THE USE OF THESE FUNDS ARE REVIEWED BY THE FOUNDATION BEFORE THEY ARE DISBURSED TO ENSURE THAT THE EXPENSES ARE BEING USED IN CONJUNCTION WITH FOUNDATION POLICIES MADE AVAILABLE TO THE UNIVERSITY THROUGH A PUBLIC WEBSITE. ALSO, THE FOUNDATION HOLDS PERIODIC TRAININGS IN ORDER TO FURTHER ENSURE THAT EXPENDITURES ARE IN ACCORDANCE WITH THEIR INTENDED PURPOSES AND IRS REGULATIONS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (14 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
Judy L Genshaft
0	421756	0	0	0	44671	0	21882	0	12815	0	501124	0	0
Arthur M Guilford
0	207266	0	0	0	8820	0	18962	0	12815	0	247863	0	0
Margaret M Sullivan
0	252256	0	7650	0	1020	0	21546	0	14717	0	297189	0	0
Ralph C Wilcox
0	334800	0	0	0	11424	0	20421	0	12815	0	379460	0	0
Marshall Goodman
0	254911	0	10000	0	9656	0	21715	0	12815	0	309097	0	0
Joel Momberg
0	527061	0	15908	0	12797	0	33707	0	14827	0	604300	0	0
Robert Fischman
0	161617	0	9974	0	1040	0	15155	0	12815	0	200601	0	0
Noreen E Segrest
0	174232	0	10471	0	7695	0	16669	0	12815	0	221882	0	0
Steven Blair
0	197675	0	11098	3402	10028	0	18919	0	12815	3402	250535	0	0
Rodney Grabowski
0	221443	0	11755	0	9563	0	20581	0	12815	0	276157	0	0
Deborah Lee Williams
0	184994	0	10650	0	9559	0	17214	0	8870	0	231287	0	0
Julie Gillespie
0	128801	0	6057	0	7620	0	10331	0	12815	0	165624	0	0
Vicki Mitchell
0	128263	0	7263	0	6600	0	10192	0	6052	0	158370	0	0
Susan Murray
0	125382	0	6930	0	740	0	11625	0	6052	0	150729	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Supplemental Compensation Information	Schedule J	Employees of the University perform operating functions for the Foundation. The University tracks, administers, and reports all payroll and fringe benefit costs. The Foundation transfers funds to the University for these costs, estimating the salary costs of individuals devoting effort to the Foundation and applies a 28% fringe benefit rate in addition to the base salary costs. The amount funded by the Foundation to the University was approximately $3,951,000 for the year ended June 30, 2012.
Supplemental Compensation Information	Schedule J, Line 1A	The Foundation paid for first-class or charter travel for the following employee listed on Part VII: * Judy L. Genshaft, President, University of South Florida The first-class or charter travel expenses incurred were for a bona fide business purpose and thus not included in the taxable compensation of this individual. The Foundation paid travel expenses for the spouses of the following employees listed on Part VII: * Joel Momberg, Sr. Vice President, University Advancement and CEO, USF Foundation * Rodney Grabowski, Sr. Associate Vice President, University Advancement * Julie Gillespie, Associate Vice President-Principal & Leadership Gifts The travel expenses incurred by the employees spouses were for a bona fide business purpose and thus not included in the taxable compensation of these individuals. The Foundation paid social club dues or initiation fees, specifically for fundraising purposes for the following individuals listed on Part VII: * Joel Momberg, Sr. Vice President, University Advancement and CEO, USF Foundation * Judy L. Genshaft, President, University of South Florida * Marshall Goodman, Vice President and CEO, University of South Florida Polytechnic * Arthur M. Guilford, Regional Chancellor, University of South Florida Sarasota Manatee * Ralph C. Wilcox, Executive VP and Provost, University of South Florida * Steve Blair, Associate Vice President and Chief Development Officer, USF Health Development * Rodney Grabowski, Sr. Associate Vice President, University Advancement * Deborah Lee Williams, Associate Vice President, Constituent Development The full amount of these payments is included in the individuals taxable compensation.
Supplemental Compensation Information	Schedule J, Part II, Line B(iii)	Included in other reportable compensation for Steve Blair is $3,402 in unrelated compensation from USF College of Medicine Academic Support Fund. This compensation was a reimbursement for insurance related expenses.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
SUNTRUST BANK
SEE PART V	36535	BANK SERVICES	false
TECO ENERGY FOUNDATION
SEE PART V	179353	PAYMENT FOR SUITE USE	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	Business Transactions Involving Interested Persons	Identifier
Return Reference	Schedule L, Part IV	ReturnReference
Explanation	Keri A. Gawrych is an Executive Vice President for SunTrust Bank. Ms. Gawrych also serves as a member of the USF Foundation Board of Directors. SunTrust bank provides the USF Foundation with banking and trust services costing $25,370 and $11,165 respectively in fiscal year 2012. The Foundation selects its provider through a request for proposal process every 5 -7 years or as the needs of the Foundation change. This relationship was negotiated at arm's length through the normal course of business. Gordon L. Gillette is President of Tampa Electric & Peoples Gas (TECO) and a Director of Teco Energy Foundation Inc. Mr. Gillette also serves as Chairman on the USF Foundation Board of Directors. The Foundation paid $179,352 to TECO Energy Foundation, Inc. for use of its suite in Raymond James Stadium during USF football home games. The suite was used for donor cultivation and stewardship. CONFLICTS OF INTEREST PROCEDURES WERE FOLLOWED IN ALL BOARD ACTIONS REGARDING THESE MATTERS.	Explanation

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	5	NumberOfContributions
Noncash Contribs Rptd F990	11401	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of Experts	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	178187	NoncashContribsRptdF990
Method Of Determining Revenues	Sale Comparable Prpt	MethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	59695	NoncashContribsRptdF990

Field	Value	IRS element (for citing)
Cars And Other Vehicles		CarsAndOtherVehicles

Boats And Planes BoatsAndPlanes

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	7	NumberOfContributions
Noncash Contribs Rptd F990	282339	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of Experts	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Intellectual Property		IntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	15	NumberOfContributions
Noncash Contribs Rptd F990	13008	NoncashContribsRptdF990
Method Of Determining Revenues	Cost / Selling Price	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	6	NumberOfContributions
Noncash Contribs Rptd F990	4763	NoncashContribsRptdF990
Method Of Determining Revenues	Cost / Selling Price	MethodOfDeterminingRevenues

Drugs And Medical Supplies DrugsAndMedicalSupplies

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	5	NumberOfContributions
Noncash Contribs Rptd F990	72034	NoncashContribsRptdF990
Method Of Determining Revenues	Cost / Selling Price	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	Miscellaneous	18	23669	Sale Comparable Prpt
X	Landscaping materials	7	4643	Cost / Selling Price
X	Office supplies & Equipment	23	442669	Cost / Selling Price
X	Information technology	25	26927786	Cost / Selling Price

Field	Value	IRS element (for citing)
Number Of8283 Received	6	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	Use of third-party to sell non cash contributions	Identifier
Return Reference	Schedule M, Line 32b	ReturnReference
Explanation	The Foundation uses a third party auctioneer service to sell donated items that it does not intend to keep in its permanent collection (like jewelry), or have an internal use for (like a vehicle). After the auctioneer finds a wiling buyer, the Foundation receives the proceeds of these transactions minus a service fee. The USF Foundation utilizes Charitable Auto Resources (CARS) as a service provider for the facilitation of the WUSF Public Broadcasting division of the University of South Florida vehicle donation program. CARS acts as an authorized agent to process donated vehicles and provides written substantiation of donations to donors including appropriate tax forms. CARS retains a portion of the net vehicle donation program proceeds and distributes the remainder to the USF Foundation to benefit WUSF public broadcasting.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EMPLOYEE COMPENSATION REPORTING	FORM 990, PARTS IV AND VIII-X	AS REPORTED ON FORM 990, PART I, LINE 5, THE UNIVERSITY OF SOUTH FLORIDA FOUNDATION ("USFF") DOES NOT HAVE EMPLOYEES. HOWEVER, USFF SHARES THE COST OF PERSONNEL, SERVICES, FACILITIES, AND EXPENSES WITH THE UNIVERSITY OF SOUTH FLORIDA ("USF"), A RELATED ORGANIZATION. THE COSTS OF THESE SERVICES ARE ALLOCATED TO USFF ON VARIOUS LINES OF PARTS VIII-X OF THIS RETURN.
SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS	FORM 990, PART VI, LINE 4	SUMMARY OF BYLAWS CHANGES OCTOBER 2011 GLOBAL CHANGES: "USF" OR "UNIVERSITY" CHANGED TO "UNIVERSITY SYSTEM" "FOUNDATION BOARD OF TRUSTEES" CHANGED TO "FOUNDATION BOARD" "TRUSTEES" CHANGED TO "MEMBERS" OR "BOARD MEMBERS" "FINANCE AND ADMINISTRATION COMMITTEE" CHANGED TO "FINANCE COMMITTEE" TITLES OF USF POSITIONS UPDATED SUBSTANTIVE CHANGES: ARTICLE I, SECTION 3: VOTING MEMBERS ARE NOW EITHER "ELECTED" OR "DESIGNATED" AND NON-VOTING MEMBERS ARE EITHER CAMPUS CEO'S, EMERITUS OR OTHER. THIS CLARIFIES THE CATEGORIES OF MEMBERSHIP ON THE BOARD. ARTICLE II, SECTION 2(B): ELIMINATED CHIEF FINANCIAL OFFICER AND FOUNDATION GENERAL COUNSEL AS NON-VOTING MEMBERS. ARTICLE II, SECTION 3(A): ADDED TERM LIMITS FOR ELECTED MEMBERS. 3 CONSECUTIVE 3-YEAR TERMS MAY BE SERVED BEFORE AN ELECTED MEMBER MUST TAKE A MANDATORY ONE YEAR BREAK IN SERVICE FROM THE BOARD. THEREAFTER THE PERSON IS ELIGIBLE FOR RE-ELECTION OR APPOINTMENT. FOR MEMBERS APPOINTED TO FILL A VACANCY WITH A REMAINING TERM OF 2 YEARS OR MORE, THE PARTIAL TERM SHALL SERVE AS THEIR FIRST TERM AND THEY CAN SERVE 2 ADDITIONAL CONSECUTIVE TERMS. IF APPOINTED TO A VACANT POSITION FOR A TERM REMAINING OF LESS THAN 2 YEARS, THEN THEY MAY STILL BE ELECTED TO 3 CONSECUTIVE 3-YEAR TERMS AFTER SERVING THE REMAINING TERM OF THE VACANT POSITION. ARTICLE II, SECTION 3(C): DESCRIBES EMERITUS MEMBERSHIP AND ADDED THAT THE EMERITUS SOCIETY SHALL NOMINATE FUTURE EMERITUS MEMBERS, SHALL REPORT ON ITS NOMINATIONS TO THE NOMINATING AND BOARD DEVELOPMENT COMMITTEE AND SUCH MEMBERS SHALL BE ELECTED BY THE BOARD. EMERITUS MEMBERS SHALL SERVE UNTIL THEIR DEATH, RESIGNATION OR INCAPACITY. ARTICLE II, SECTION 4(D): ALLOWS BOARD MEMBER VACANCIES TO BE FILLED BY THE FOUNDATION BOARD CHAIR. ELIMINATES THE REQUIREMENT THAT THE PRESIDENT OF THE UNIVERSITY CONCUR WITH THE APPOINTMENT. ARTICLE II, SECTION 4(E): PERMITS ELECTION OF A NEW MEMBER OUTSIDE THE NORMAL ELECTION CYCLE WHERE THERE IS AN EXCEPTIONAL CANDIDATE. ARTICLE II, SECTION 5(C): NOTICE OF MEETINGS REDUCED FROM 15 TO 10 DAYS. ARTICLE II, SECTION 6: ONCE A QUORUM IS ESTABLISHED AT A MEETING THEN THOSE PRESENT AT THE TIME OF A VOTE MAY CONTINUE AND TAKE ACTION EVEN IF THE QUORUM IS LOST DURING THE MEETING. ARTICLE III, SECTION 1: ADDED SAME QUORUM PROVISION FOR COMMITTEES AS FOR BOARD, PROVIDING THAT ONCE A QUORUM IS ESTABLISHED, ACTION MAY BE TAKEN DURING THE MEETING EVEN IF THE QUORUM IS LATER LOST. ARTICLE III, SECTION 2(A): ELIMINATED THE REQUIREMENT THAT ALL ACTIONS OF THE EXECUTIVE AND GOVERNANCE COMMITTEE BE REPORTED TO ITS MEMBERS IN WRITING WITHIN 45 DAYS. ARTICLE III, SECTION 2(B): NOMINATING AND BOARD DEVELOPMENT COMMITTEE MEMBERSHIP REDUCED FROM NO FEWER THAN 7 TO NO FEWER THAN 5 MEMBERS. ARTICLE III, SECTION 2(C): FINANCE COMMITTEE DUTIES WERE REVISED AND A THRESHOLD OF NO FEWER THAN 7 MEMBERS WAS ADDED. ARTICLE III, SECTION 2(D): THE MEMBERSHIP ON THE INVESTMENT COMMITTEE NOW PROVIDES FOR NO FEWER THAN 7 MEMBERS INSTEAD OF NO FEWER THAN 11 MEMBERS. DUTIES WERE REVISED. ARTICLE III, SECTION 2(E): THE DUTIES OF THE AUDIT COMMITTEE WERE CHANGED AND THE MEMBERSHIP WAS REDUCED FROM NO FEWER THAN 6 MEMBERS TO NO FEWER THAN 5 MEMBERS. ARTICLE III, SECTION 2(F): A NEW STANDING COMMITTEE, THE GOVERNMENT RELATIONS COMMITTEE, WAS ADDED. NEW DUTIES DESCRIBED. NO FEWER THAN 5 MEMBERS SHALL SERVE ON THE COMMITTEE. ARTICLE III, SECTION 2(G): DEVELOPMENT COMMITTEE DUTIES UPDATED TO REFLECT ACTUAL PRACTICE. ADDED THAT DURING CAMPAIGNS THE COMMITTEE MAY BE REFERRED TO AS THE CAMPAIGN COMMITTEE. ARTICLE III, SECTION 2(H): OTHER COMMITTEES MAY BE ESTABLISHED. NON-MEMBERS MAY SERVE ON COMMITTEES. ARTICLE IV, SECTION 2: ELIMINATED LANGUAGE ALLOWING ONE PERSON TO HOLD TWO OFFICES ON THE FOUNDATION BOARD. ARTICLE IV, SECTION 3(A): ADDED THAT THE CHAIRPERSON OF THE FOUNDATION BOARD DOES NOT VOTE ON THE AUDIT COMMITTEE AS REQUIRED BY THE AUDIT COMMITTEE CHARTER. ARTICLE IV, SECTION 3(C): ELIMINATED THE REQUIREMENT THAT GIFTS OF REAL PROPERTY BE APPROVED BY A MAJORITY OF THE OFFICERS OF THE FOUNDATION. ADDED THAT CEO CAN DELEGATE TO EITHER CFO OR FOUNDATION COUNSEL. ARTICLE IV, SECTION 3(E): ELIMINATED THE LANGUAGE PROVIDING THAT THE TREASURER APPROVES DAY-TO-DAY TRANSACTIONS IN THE ABSENCE OF THE CEO. ARTICLE V, SECTION 2: ELIMINATED THIS SECTION REQUIRING DEPOSITED FUNDS IN ONLY FDIC INSURED. ARTICLE V, SECTION 4: ELIMINATED THIS SECTION AS THE QUARTERLY EXPENDITURE PLANS ARE COVERED IN ARTICLE IV, SECTION 3(G) (5). ARTICLE VI, SECTION 1: ELIMINATED THIS SECTION AS THE POLICY ON CONFIDENTIALITY OF FOUNDATION DOCUMENTS WAS A REQUIREMENT OF THE FORMER BOARD OF REGENTS IN THE 1990'S. THIS REQUIREMENT NO LONGER EXISTS AND OUR PRACTICE IS TO FOLLOW FLORIDA LAW. ARTICLE VII, SECTIONS 1 AND 3: ADDED A REFERENCE TO THE ANNUAL CONFLICT OF INTEREST CERTIFICATION AND THE ETHICAL REQUIREMENT OF THE CONFLICT OF INTEREST POLICY. ARTICLE XI: CHANGED REFERENCE TO PARLIAMENTARY PROCEDURES TO BE FOLLOWED FROM ROBERT'S RULES OF ORDER TO THE MODERN RULES OF ORDER: A GUIDE FOR CONDUCTING BUSINESS MEETINGS BY DONALD A. TORTORICE (1999).
DESCRIPTION OF CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PART VI, LINE 6	THE FOUNDATION IS ESTABLISHED PURSUANT TO SECTION 1004.28 FLORIDA STATUTES, AS A DIRECT-SUPPORT ORGANIZATION OF THE UNIVERSITY OF SOUTH FLORIDA. THE GENERAL NATURE OF THE FOUNDATION IS TO PROVIDE PHILANTHROPIC SUPPORT; IN THE FORM OF MONEY AND OTHER FORMS OF PROPERTY AND SERVICES TO THE UNIVERSITY OF SOUTH FLORIDA SYSTEM ("UNIVERSITY SYSTEM") AND PERSONS, ASSOCIATIONS AND CORPORATIONS ASSOCIATED THEREWITH; TO PROMOTE EDUCATION AND OTHER RELATED ACTIVITIES OF THE UNIVERSITY SYSTEM; AND TO ENCOURAGE RESEARCH, LEARNING AND DISSEMINATION OF INFORMATION. THE FOUNDATION IS AUTHORIZED TO ACT AS THE FIDUCIARY AGENT ON BEHALF OF THE UNIVERSITY SYSTEM FOR THE RECEIPT, MANAGEMENT, AND DISTRIBUTION OF ALL PRIVATE GIFTS MADE TO OR FOR THE BENEFIT OF THE UNIVERSITY SYSTEM. THE ROLE OF THE FOUNDATION BOARD SPECIFICALLY INCLUDES ENCOURAGING PHILANTHROPIC SUPPORT OF UNIVERSITY PRIORITIES; APPROVAL OF POLICY; OVERSIGHT OF FINANCIAL MANAGEMENT; PARTICIPATION IN LONG-RANGE STRATEGIC PLANNING; PROVIDING VOLUNTEER LEADERSHIP FOR THE UNIVERSITY SYSTEM'S FUNDRAISING EFFORTS; AND SERVING IN AN ADVISORY CAPACITY TO THE UNIVERSITY SYSTEM PRESIDENT. THE MEMBERS OF THE FOUNDATION SHALL BE THE FOUNDATION BOARD, COMPRISED OF THE VOTING MEMBERS, INCLUDING ELECTED AND DESIGNATED MEMBERS; AND THE NON-VOTING MEMBERS, INCLUDING CAMPUS EXECUTIVE OFFICERS, EMERITUS MEMBERS AND OTHER INDIVIDUALS ELECTED PURSUANT TO ARTICLE II, SECTION 2(B). THE FOUNDATION SHALL BE MANAGED BY AND UNDER THE DIRECTION OF THE FOUNDATION BOARD, AND BY OFFICERS AND COMMITTEES THEREOF, AS POWERS MAY BE DELEGATED TO SUCH OFFICERS AND COMMITTEES BY THESE BYLAWS OR BY RESOLUTION OF THE FOUNDATION BOARD. (A) VOTING MEMBERS. THE FOUNDATION BOARD SHALL BE COMPOSED OF AT LEAST TWENTY (20), BUT NOT MORE THAN FIFTY (50) ELECTED MEMBERS, ONE OF WHOM SHALL BE A FULL-TIME FACULTY MEMBER OR A DEAN OF THE UNIVERSITY SYSTEM. IN ADDITION, THE FOLLOWING WILL SERVE AS DESIGNATED MEMBERS OF THE FOUNDATION: (1) PRESIDENT OF THE UNIVERSITY SYSTEM. (2) PROVOST AND EXECUTIVE VICE PRESIDENT OF THE UNIVERSITY SYSTEM. (3) SR. VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT OF THE UNIVERSITY SYSTEM. (4) CHIEF OPERATING OFFICER OF THE UNIVERSITY SYSTEM. (5) PRESIDENT OF THE UNIVERSITY OF SOUTH FLORIDA ALUMNI ASSOCIATION. (6) PRESIDENT OF THE USF BULLS CLUB. PROVIDED, HOWEVER, THAT ANY PERSON HOLDING MORE THAN ONE OF THE ABOVE OFFICES SHALL HAVE ONLY ONE VOTE AS A MEMBER OF THE FOUNDATION BOARD. (B) NON-VOTING MEMBERS. (1) THE CAMPUS EXECUTIVE OFFICERS OF EACH REGIONAL CAMPUS OR INSTITUTION OF THE UNIVERSITY SYSTEM; (2) THE EMERITUS MEMBERS; (3) OTHER INDIVIDUALS MAY SERVE AS NON-VOTING MEMBERS. SUCH MEMBERS SHALL BE NOMINATED BY MAJORITY VOTE OF THE NOMINATING AND BOARD DEVELOPMENT COMMITTEE AND SHALL BE ELECTED BY MAJORITY VOTE OF THE FOUNDATION BOARD.
DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990	FORM 990, PART VI, LINE 11B	A COMPLETE DRAFT OF FORM 990, PREPARED INTERNALLY IN CONJUNCTION WITH OUTSIDE TAX ACCOUNTANTS AND REVIEWED BY UPPER MANAGEMENT IS MADE AVAILABLE ELECTRONICALLY TO ALL MEMBERS OF THE FOUNDATION BOARD FOR COMMENT AT LEAST ONE WEEK PRIOR TO FILING. THE AUDIT COMMITTEE OF THE BOARD PERFORMS A THOROUGH AND DETAILED REVIEW OF THE FORM 990 AND OTHER FEDERAL FORMS PRIOR TO REVIEW BY THE FULL BOARD AND PRIOR TO FILING. THE AUDIT COMMITTEE CONSISTS OF SIX (6) VOTING MEMBERS AND FIVE (5) NON-VOTING MEMBERS. NON-VOTING MEMBERS INCLUDE MEMBERS OF THE BOARD THAT SERVE AS MANAGEMENT OF THE FOUNDATION OR THE UNIVERSITY.
DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST	FORM 990, PART VI, LINE 12C	DUE TO THE VARIED INTERESTS AND BACKGROUNDS OF THE MEMBERS OF THE BOARD, SITUATIONS INVOLVING POSSIBLE CONFLICTS OF INTEREST MAY ARISE. IT IS THE RESPONSIBILITY OF THE MEMBERS OF THE BOARD TO GOVERN THE USF FOUNDATION'S AFFAIRS HONESTLY, EXERCISING DUE CARE, SKILL AND JUDGMENT FOR THE BENEFIT OF THE FOUNDATION. POTENTIAL OR APPARENT CONFLICTS OF INTEREST ARE DESCRIBED IN THE USF FOUNDATION CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICY. IF A CONFLICT OF INTEREST, IN FACT, EXISTS, THE BOARD MEMBER SHALL DISCLOSE THE POTENTIAL OR APPARENT CONFLICT OF INTEREST IN THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FOR BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES AND SHALL ABSTAIN FROM PARTICIPATION IN ANY VOTE OR DISCUSSION INVOLVING THE MATTER. THE USF FOUNDATION BOARD MANAGER IS RESPONSIBLE FOR THE ANNUAL DISTRIBUTION OF THE CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICY AND THE COLLECTION OF THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FOR BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE BOARD MANAGER REPORTS ANY DISCLOSURE OF POTENTIAL OR APPARENT CONFLICTS WITH THE USF FOUNDATION'S CHAIR, CHIEF EXECUTIVE OFFICER AND RELEVANT COMMITTEE CHAIRPERSON.
OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN	FORM 990, PART VI, LINE 15A AND 15B	THE USF FOUNDATION COMPENSATION COMMITTEE REVIEWED THE COMPENSATION PROVIDED BY THE USF FOUNDATION TO USF STAFF ALONG WITH MARKET SALARY DATA TO MAKE A DETERMINATION OF REASONABLENESS. THE STAFF SELECTED FOR REVIEW, AS REQUIRED BY THE INTERNAL REVENUE SERVICE, INCLUDED OFFICERS OR MEMBERS OF USF FOUNDATION BOARD WHO RECEIVE COMPENSATION FROM THE USF FOUNDATION, KEY EMPLOYEES AND HIGHEST PAID STAFF AND HAVE HAD CHANGES IN THEIR COMPENSATION SINCE THEIR REVIEW IN THE PRIOR YEAR. THE COMPENSATION COMMITTEE ALSO RECEIVED THE WRITTEN OPINION OF AN INDEPENDENT COMPENSATION CONSULTANT TO AID IN THE DETERMINATION OF REASONABLENESS. THIS COMPENSATION REVIEW IS UNDERTAKEN TO OBTAIN THE BENEFIT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE IRS RULES. THE COMPENSATION COMMITTEE MUST: * BE COMPOSED ENTIRELY OF INDIVIDUALS UNRELATED AND NOT SUBJECT TO THE CONTROL OF THE INDIVIDUAL'S WHOSE COMPENSATION IS BEING REVIEWED; * OBTAIN APPROPRIATE DATA AS TO THE COMPARABILITY OF SALARY; AND * DOCUMENT THE BASIS FOR ITS DETERMINATION THAT THE INDIVIDUAL'S COMPENSATION IS REASONABLE IN LIGHT OF THAT DATA. DURING THE DISCUSSION OF ANY INDIVIDUAL'S SALARY THAT INDIVIDUAL MUST LEAVE THE ROOM. THE COMMITTEE'S CONCLUSIONS ARE DOCUMENTED IN THE OFFICIAL MINUTES OF THE MEETING. THE COMPENSATION REVIEW OCCURS WHEN NEW HIRES ARE MADE TO KEY POSITIONS OR WHEN SALARY DATA IS SOLICITED FROM AN INDEPENDENT CONSULTANT FOR MARKET COMPARISONS WHICH MAY BE ANNUALLY OR BI-ANNUALLY. SALARY INFORMATION WAS REVIEWED IN MAY 2012 FOR THE FOLLOWING POSITIONS: BOARD MEMBERS PRESIDENT, UNIVERSITY OF SOUTH FLORIDA SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION ASSOCIATE VICE PRESIDENT, ADVANCEMENT SERVICES AND USF FOUNDATION COUNSEL ASSOCIATE VICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO KEY EMPLOYEES SR. ASSOCIATE VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CAMPAIGN DIRECTOR ASSOCIATE VICE PRESIDENT, CONSTITUENT DEVELOPMENT ASSOCIATE VICE PRESIDENT AND CHIEF DEVELOPMENT OFFICER, USF HEALTH DEVELOPMENT, ASSOCIATE VICE PRESIDENT AND EXECUTIVE DIRECTOR OF USF ALUMNI ASSOCIATION, DIRECTOR OF DEVELOPMENT/ASSOCIATE DIRECTOR, INTERCOLLEGEIATE ATHLETICS 5 HIGHEST PAID ASSISTANT VICE PRESIDENT OF DEVELOPMENT (PRINCIPAL GIFTS) ASSOCIATE DIRECTOR, INTERCOLLEGIATE ATHLETICS SR. DIRECTOR OF DEVELOPMENT, GIFT PLANNING SR. DIRECTOR OF DEVELOPMENT, ANNUAL GIVING SR. DIRECTOR OF DEVELOPMENT, ACADEMIC INITITATIVES DIRECTOR OF DEVELOPMENT, CONSTITUENT DEVELOPMENT/ALUMNI ASSOCIATION
AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC	FORM 990, PART VI, LINE 19	THE USF FOUNDATION POSTS ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), AUDITED FINANCIAL STATEMENTS FOR THE PRIOR THREE (3) FISCAL YEARS, INTERNAL REVENUE SERVICE DETERMINATION LETTER OF 501(C)(3) STATUS, MOST RECENTLY FILED INFORMATIONAL RETURN FORM 990, AND MOST RECENTLY FILED EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN FORM 990-T ON ITS WEBSITE (HTTP://GIVING.USF.EDU) FOR PUBLIC INSPECTION. THE FOUNDATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990, PART VII, COLUMN B	THE FOLLOWING INDIVIDUALS DEVOTED AN ESTIMATED AVERAGE HOURS PER WEEK TO A RELATED ORGANIZATION, THE UNIVERSITY OF SOUTH FLORIDA (USF): JUDY L. GENSHAFT - 35 HOURS MARSHALL GOODMAN - 35 HOURS ARTHUR M. GUILFORD - 35 HOURS JOHN T. SINNOTT - 35 HOURS MARGARET M. SULLIVAN - 35 HOURS RALPH C. WILCOX - 35 HOURS FORM 990, PART VII, COLUMN B DIRECTORS ARE NOT COMPENSATED FOR SERVICES AS A DIRECTOR TO THE BOARD.
OTHER CHANGES IN NET ASSETS	FORM 990, PART XI, LINE 5	OTHER CHANGES IN NET ASSETS OR FUND BALANCES DURING THE YEAR CONSISTED OF ($14,645,035) IN UNREALIZED LOSSES ON INVESTMENTS CARRIED AT MARKET VALUE.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg
University of South Florida
4202 E Fowler Ave	Tampa	FL	33620	593102112	Education	FL	GOVT	N/A	NA	false
USF Alumni Association
4202 E Fowler Ave	Tampa	FL	33620	237357236	Alumni Relatn	FL	501(C)(3)	11-Type 3	NA	false

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	true	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	true	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	true	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	true	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	true	PerformOfServicesByOtherOrgs
Sharing Of Facilities	true	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	true	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg