University Of West Florida Foundation Inc

Organization Overview

University Of West Florida Foundation Inc is located in Pensacola, FL. The organization was established in 1965. 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 West 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 06/2020, University Of West Florida Foundation Inc generated $23.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $18.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF THE UNIVERSITY OF WEST FLORIDA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENT HOUSING PROGRAM - THE UWF DEPARTMENT OF HOUSING AND RESIDENCE LIFE PROVIDES HOUSING FOR APPROXIMATELY 11.4%, I.E., OVER 1,486 STUDENTS AND 67 STUDENT STAFF, OF THE UNIVERSITY'S STUDENT BODY OF 13,043. OCCUPANCY OF DORMS IS TO MEET STUDENTS' ON CAMPUS HOUSING NEEDS. IN ADDITION TO RESIDENTIAL SERVICES, HOUSING OFFERS OVER 414 EDUCATIONAL AND SOCIAL PROGRAMS DESIGNED TO ENHANCE THE STUDENTS' LEARNING ENVIRONMENT AS WELL AS ENRICH THE STUDENTS' COLLEGE EXPERIENCE.


STUDENT SCHOLARSHIP PROGRAM - THE UWF FOUNDATION AWARDED SCHOLARSHIPS TO 1,386 UWF STUDENTS. THESE SCHOLARSHIPS HELPED TO ENSURE THOSE STUDENTS GAINED A HIGHER EDUCATION. ONE OF THE NEWEW SCHOLARSHIPS PROMOTED DURING THE YEAR WAS THE FIRST GENERATION SCHOLARSHIP. THIS SCHOLARSHIP ENABLES STUDENTS, WHO ARE FIRST GENERATION IN THEIR FAMILY TO ATTEND COLLEGE, TO BE ABLE TO AFFORD COLLEGE TUITION. THE FOUNDATION RAISED AND AWARDED $374,898 OF FIRST GENERATION SCHOLARSHIPS DURING THE YEAR.


EMINENT SCHOLARS AND PROFESSORSHIPS - THE UWF FOUNDATION HAD 5 DISTINGUISHED PROFESSORS DURING THE FISCAL YEAR. THE PROFESSORSHIPS HELPED TO ADVANCE THE EDUCATIONAL MISSION OF THE UNIVERSITY BY HAVING DISTINGUISHED AND SPECIALIZED PROFESSORS TEACH STUDENTS.


ALL OTHER PROGRAMS: THE UWF FOUNDATION HAS AGENCY ACCOUNTS WHICH SUPPORT THE MISSION OF CERTAIN DEPARTMENTS AND COLLEGES WITHIN THE UNIVERSITY. THESE ACCOUNTS PRIMARILY CONSIST OF DONATED FUNDS TO HELP SUPPORT FACULTY SALARIES, STUDENT SCHOLARSHIPS, LEARNING ENVIRONMENTS, PROFESSIONAL DEVELOPMENT, AND LECTURES.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Crawford
Bod Chair
$0
John Gormley
Secretary
$0
Gail Dorsey
Immediate Past Chair
$0
Rodney Sutton
Treasurer
$0
Daniel Lucas
Chief Financial Officer
$0
Howard Reddy
Foundation President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jani-king Of Pensacola
Janitorial Services
$584,799
Burt Kervin Painting Inc
Commercial Painting Services
$300,135
Apogee Telecom Inc
It Network Provider
$209,283
Atlanta Consulting Group Advisors Llc
Investment Advisors
$101,726
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$10,145,383
Investment income $1,754,840
Tax Exempt Bond Proceeds $0
Royalties $14,288
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,498,178
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $23,515,652

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Of West Florida Foundation Inc has recieved totaling $40,000.

Awarding OrganizationAmount
Emerald Coast Charitable Foundation Inc

Fort Walton Beach, FL

PURPOSE: SCHOLARSHIPS

$40,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$74,635,062
Earnings$26,069,083
Net Contributions$2,897,523
Other Expense-$3,088,323
Ending Balance$100,513,345

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