University of Florida Foundation Inc.
University of Florida Foundation Inc.
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About this organization
Mission
To promote the University, increase philanthropy, manage and grow the endowment, ensure the appropriate use of funds and pursue best governance practices.
About
The University of Florida Foundation is the fundraising and gift fund management arm of the University of Florida. We connect private donors with their passions at the university, all in support of UF’s three-fold missions of knowledge-sharing, discovery and service. Founded as the University of Florida Endowment Corp. in 1934, the Foundation has worked since the 1950s to inspire alumni and friends to support the University of Florida through private funds and other resources. The Foundation — a non-profit, 501(c)(3) organization (TaxID #59-0974739) — also serves as fiduciary, taking care of the gift assets to ensure they are used in accordance with our donors’ wishes.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “The mission of the university of florida foundation, inc. is to exclusively support and enhance the university of florida, a comprehensive learning institution built on a land-grant foundation, in its mission of "excellence in education and research and shaping a better future for florida, the nation, and the world," as determined by the university of florida board of trustees, by creating awareness, building relationships, securing private support, recognizing donors, and performing all business-related matters to accomplish these purposes.”.
When referring to its functions, they were specified as: “The mission of the university of florida foundation, inc. is to exclusively support and enhance the university of florida, a comprehensive learning institution built on a land-grant foundation, in its mission of "excellence in education and research and shaping a better future for florida, the nation, and the world," as determined by the university of florida board of trustees, by creating awareness, building relationships, securing private support, recognizing donors, and performing all business-related matters to accomplish these purposes.”.
- The non-profit has reported their operating state as FL, as required by law.
- As stated in the filing, the non-profit's address in 2020 was PO BOX 14425, GAINESVILLE, FL, 32604.
- The non-profit's form reports a total of 335 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$7,330,650.
- The organization has 21 independent voting members.
- The organization was formed in 1964.
- The organization pays $15,227,609 in salary, compensation, and benefits to its employees.
- The organization pays $14,495,769 in fundraising expenses.