University Of South Florida Foundation Inc

Organization Overview

University Of South Florida Foundation Inc is located in Tampa, FL. The organization was established in 1960. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of South Florida Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, University Of South Florida Foundation Inc generated $141.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $103.6m during the year ending 06/2022. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ACCEPT, INVEST AND DISTRIBUTE PRIVATE GIFTS IN SUPPORT OF THE UNIVERSITY OF SOUTH FLORIDA.

Describe the Organization's Program Activity:

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.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Vice Chair
$0
Name Not Listed
Treasurer
$0
Name Not Listed
Chair
$0
Name Not Listed
Immediate Past Chair
$0
Name Not Listed
Secretary
$0
Name Not Listed
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ellucian Company Lp
Crm System Conversion
$350,789
National Public Radio Inc
Programming Services
$383,140
Corcoran & Johnston
Consulting Services
$340,000
Mmq Group Llc
Consulting Services
$252,415
Greater Public
Consulting Services
$217,108
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$920,604
Related organizations$13,728,280
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$73,934,225
Noncash contributions included in lines 1a–1f $2,116,175
Total Revenue from Contributions, Gifts, Grants & Similar$88,583,109
Total Program Service Revenue$2,350,380
Investment income $13,624,470
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,218,759
Net Income from Fundraising Events $46,162
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $141,849,189

Grants Awarded

Over the last fiscal year, University Of South Florida Foundation Inc has awarded $45,779,606 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF SOUTH FLORIDA

PURPOSE: Academic & Student Support

$45,197,839

USF ALUMNI ASSOCIATION

PURPOSE: Alumni Program Support

$581,767
View Grant Profile

Peer Organizations

Organization NameAssets
University Of Georgia Research Foundation Inc
Athens, GA
$273,342,749
University Of Florida Foundation Inc
Gainesville, FL
$282,673,592
University Of Georgia Foundation
Athens, GA
$228,825,979
Georgia Tech Foundation Inc
Atlanta, GA
$283,884,508
University Of South Florida Foundation Inc
Tampa, FL
$141,849,189
Florida State University Foundation Inc
Tallahassee, FL
$96,038,685
Florida International University Foundation Inc
Miami, FL
$69,597,402
Spelman College Special Ventures Fund Inc
Atlanta, GA
$24,739,812
Seminole County Coalition For School Readiness Inc
Longwood, FL
$64,429,983
Gator Boosters Inc
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$63,786,979
Auburn University Foundation
Auburn, AL
$105,901,553
Seminole Boosters Inc
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$48,392,781
Robert W Woodruff Health Sciences Center Fund Inc
Atlanta, GA
$94,265,802
University Of Florida Research Foundation Inc
Gainesville, FL
$46,757,527
Kennesaw State University Foundation Inc
Kennesaw, GA
$60,637,080
University Of Central Florida Foundation Inc
Orlando, FL
$95,495,619
Georgia State University Foundation Inc
Atlanta, GA
$75,121,053
Miami Dade College Foundation Inc
Miami, FL
$53,791,154
Shorter University Inc
Rome, GA
$39,445,998
Jessie Ball Dupont Religious Charitable & Educational Fund
Jacksonville, FL
$21,415,423
Florida Agricultural & Mechanical Univ Foundation Inc
Tallahassee, FL
$36,839,426
Florida Atlantic University Foundation Inc
Boca Raton, FL
$44,215,838
Florida Gulf Coast University Foundation Inc
Fort Myers, FL
$25,895,312
Oxbridge Academy Foundation Inc
West Palm Beach, FL
$20,467,557
Avant Garde Academy Foundation Inc
Hollywood, FL
$19,053,366

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