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University of South Florida Foundation

University of South Florida Foundation

Tampa, FL 33620
Tax ID59-0879015

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Amount

$USD
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About this organization

Revenue

$121,166,631

Expenses

$80,019,777

Website

giving.usf.edu

Mission

The USF Foundation connects the University with donors who want to make a difference by providing private, philanthropic support to promote student success, academic initiatives, research and other strategic priorities of the University of South Florida. The USF Foundation is governed by an elected board whose members serve as advocates for the university, its colleges, campuses and units. Each volunteer board member is guided by a mission to promote private support, advocate for the university and manage the university's endowment.

About

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.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “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.”.

When outlining its responsibilities, they were referred to as: “To accept, invest and distribute private gifts in support of the university of south florida.”.

  • The state in which the non-profit operates has been officially reported as FL.
  • The filing reveals the non-profit's address in 2020 to be 4202 EAST FOWLER AVENUE ALC 100, TAMPA, FL, 33620.
  • As per the non-profit's form for 2020, they have 0 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Collects art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $41,146,854.
  • The CEO compensation scheme within the organization is not based on a review and endorsement by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 37 independent voting members.
  • The organization was formed in 1960.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $9,128,627 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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