University Of Central Florida Research Foundation Inc is located in Orlando, FL. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Central Florida Research 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 06/2021, University Of Central Florida Research Foundation Inc generated $16.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $15.0m during the year ending 06/2021. While expenses have increased by 7.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE RESEARCH AND SPONSORED PROGRAM ACTIVITIES OF FACULTY, STAFF, AND STUDENTS WHILE PROVIDING HIGH QUALITY ADMINISTRATIVE, FISCAL, AND SUPPORT SERVICES IN A USER-FRIENDLY AND EFFICIENT MANNER. ALSO TO CREATE AND DEVELOP OPPORTUNITIES TO INCREASE SPONSORED PROGRAM ACTIVITY, PROTECT UNIVERSITY-DEVELOPED INTELLECTUAL PROPERTY, AND MAXIMIZE THE UTILIZATION OF RESEARCH RESULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEVELOPMENT OF RESEARCH, THE PROVISION OF BUILDINGS FOR SUCH RESEARCH ACTIVITIES, AND TO PROVIDE A MEANS BY WHICH INVENTIONS AND COPYRIGHTABLE MATERIALS MAY BE DEVELOPED, PATENTED, APPLIED AND UTILIZED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Elizabeth Klonoff President & Ceo, Chair | OfficerTrustee | 1 | $306,055 |
Ms Misty Shepherd Director | Trustee | 1 | $278,437 |
Ms Kim Smith Secretary, VP Operations | Officer | 1 | $117,979 |
Ms Megan Carrigan Cfo, Treasurer | Officer | 1 | $102,703 |
Mr Mark Crandall Director | Trustee | 1 | $0 |
Mr Edward Alexander Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,546,866 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,546,866 |
Total Program Service Revenue | $10,389,260 |
Investment income | $371,771 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,400,379 |
Net Rental Income | $135,131 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,545,937 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,509 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $2,011,450 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $86,275 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $225,797 |
Total functional expenses | $14,990,719 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $419,472 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,775,090 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $43,673 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $49,036 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $23,450,036 |
Total assets | $26,737,307 |
Accounts payable and accrued expenses | $2,788,303 |
Grants payable | $0 |
Deferred revenue | $13,439,124 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $16,227,427 |
Net assets without donor restrictions | $8,554,645 |
Net assets with donor restrictions | $1,955,235 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $26,737,307 |
Over the last fiscal year, we have identified 9 grants that University Of Central Florida Research Foundation Inc has recieved totaling $469,458.
Awarding Organization | Amount |
---|---|
Additonal Ventures Foundation Palo Alto, CA PURPOSE: SINGLE VENTRICLE RESEARCH FUND | $122,712 |
Floridamakes Inc Orlando, FL PURPOSE: NIST COOPERATIVE AGREEMENT - TO FACILITATE MEP ACTIVITIES IN ACCORDANCE WITH FLORIDAMAKES MISSION TO ESTABLISH, PROMOTE, MAINTAIN, AND EXPAND A STATEWIDE MEP IDENTITY. | $120,838 |
Additonal Ventures Foundation Palo Alto, CA PURPOSE: SINGLE VENTRICLE RESEARCH FUND | $100,767 |
Tides Foundation San Francisco, CA PURPOSE: SUSTAINABLE ENVIRONMENT | $50,000 |
Adventist Health System Sunbelt Inc Altamonte Springs, FL PURPOSE: General Support | $30,179 |
Sea Turtle Conservancy Gainesville, FL PURPOSE: Research | $27,743 |
Beg. Balance | $1,821,076 |
Net Contributions | $1,546,866 |
Other Expense | $1,412,707 |
Ending Balance | $1,955,235 |
Organization Name | Assets | Revenue |
---|---|---|
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |