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FLORIDA STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FLORIDA STATE UNIVERSITY FOUNDATION INC (EIN 59-6152180)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-07
IRS object ID
202641279349304614
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-07T19:32:36+00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 East Las Olas Blvd Suite 1100AddressLine1Txt
CityFort LauderdaleCityNm
State AbbreviationFLStateAbbreviationCd
ZIP333014230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN596152180EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Florida State University Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFLORBusinessNameControlTxt
Phone8506446000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 W COLLEGE AVENUEAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN F CARRIGANPersonNm
Person TitleCFO/ASSISTANT TREASURERPersonTitleTxt
Phone8506446000PhoneNum
Signature2026-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBrittney KocajPreparerPersonNm
PTINP01320603PTIN
Phone9542028600PhoneNum
Preparation2026-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN F CARRIGANBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 W COLLEGE AVENUEAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$225,992,574GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FOUNDATION.FSU.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1960FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY. (continued in Schedule O)ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers402TotalVolunteersCnt
Total Gross UBI$1,160,544TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$54,173,079PYContributionsGrantsAmt
CY Contributions Grants$60,137,706CYContributionsGrantsAmt
PY Program Service Revenue$1,569,490PYProgramServiceRevenueAmt
CY Program Service Revenue$1,579,561CYProgramServiceRevenueAmt
PY Investment Income$52,611,204PYInvestmentIncomeAmt
CY Investment Income$61,635,657CYInvestmentIncomeAmt
PY Other Revenue$719,400PYOtherRevenueAmt
CY Other Revenue$529,277CYOtherRevenueAmt
PY Total Revenue$109,073,173PYTotalRevenueAmt
CY Total Revenue$123,882,201CYTotalRevenueAmt
PY Grants And Similar Paid$55,380,954PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$34,535,571CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,628,362PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,609,690CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,973,943CYTotalFundraisingExpenseAmt
PY Other Expenses$42,076,719PYOtherExpensesAmt
CY Other Expenses$48,417,573CYOtherExpensesAmt
PY Total Expenses$103,086,035PYTotalExpensesAmt
CY Total Expenses$87,562,834CYTotalExpensesAmt
PY Revenues Less Expenses$5,987,138PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$36,319,367CYRevenuesLessExpensesAmt
Total Assets BOY$1,064,931,255TotalAssetsBOYAmt
Total Assets EOY$1,159,850,643TotalAssetsEOYAmt
Total Liabilities BOY$24,101,095TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,459,475TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,040,830,160NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,135,391,168NetAssetsOrFundBalancesEOYAmt
MissionTHE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS, ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU, SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT, INVESTING AND EXPENDING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU, AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$55,153,467ExpenseAmt
Grant$34,535,571GrantAmt
Revenue$2,103,514RevenueAmt
DescTHE FLORIDA STATE UNIVERSITY FOUNDATION EXPENDS FUNDS FOR PURPOSES THAT ENHANCE THE ACADEMIC MISSION OF FLORIDA STATE UNIVERSITY. ACADEMIC SUPPORT INCLUDES SALARIES, SCHOLARSHIPS & FELLOWSHIPS, RESEARCH, CAPITAL FUNDING, EQUIPMENT & SUPPLIES, TRAVEL, AND OTHER EXPENSES. THIS SUPPORT HELPS THE UNIVERSITY'S OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER AND ENHANCE STRONG ACADEMIC PROGRAMS, AND SERVE AS A KEY ELEMENT TO INSTITUTIONAL GREATNESS. EMINENT SCHOLARS AND PROFESSORSHIPS ARE PRESTIGIOUS POSITIONS HELD BY THE UNIVERSITY'S MOST ACCOMPLISHED FACULTY. SPENDING TO SUPPORT THESE POSITIONS MEANS THAT ACADEMIC EXCELLENCE WILL BE MAINTAINED. CURRICULUM DEVELOPMENT, INTERNSHIPS, INTERDISCIPLINARY WORK, EXPERIENTIAL LEARNING AND ACADEMIC ENRICHMENT ALL REQUIRE PRIVATE SUPPORT.Desc
Total Program Service Expenses$55,153,467TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document31IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form1098 C FiledYes (true)Form1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldIAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN F CARRIGANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8506446000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 W COLLEGE AVENUEAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Christopher E Iansiti
Trustee/Chair/Chair, Executive Committee1.00Yes (X)Yes (X)$0$0$0
Thomas Bartelmo
Trustee/Chair, Finance Committee/Treasurer1.00Yes (X)Yes (X)$0$0$0
Yvonne T Brown
Trustee/Secretary (Partial Year)1.00Yes (X)Yes (X)$0$0$0
Agnes F Stoops
Trustee1.00Yes (X)$0$0$0
Andrea K Friall
Trustee1.00Yes (X)$0$0$0
Ashbel C Williams
Trustee/Chair, Investment Committee1.00Yes (X)$0$0$0
Brian K Williams
Trustee/Ex Officio Voting, UBOT Designee1.00Yes (X)$0$0$0
Bridgett Y Birmingham
Trustee/Ex Officio Voting, Faculty Senate President (Partial Year)1.040.0Yes (X)$0$106,275$25,634
Bruce W McNeilage
Trustee1.00Yes (X)$0$0$0
Catherine M Johnson
Trustee1.00Yes (X)$0$0$0
Charles R Cottrell
Trustee1.00Yes (X)$0$0$0
Fred M Tresca
Trustee1.00Yes (X)$0$0$0
Henri W Crockett
Trustee (Partial Year)1.00Yes (X)$0$0$0
Inez E Cohen
Trustee1.00Yes (X)$0$0$0
James L Lee
Trustee1.00Yes (X)$0$0$0
Jay B Johnson
Trustee1.00Yes (X)$0$0$0
Jay F Steele
Trustee/Chair, Audit Committee1.00Yes (X)$0$0$0
John W Thiel
Trustee/Ex Officio Voting, UBOT Advancement Committee1.00Yes (X)$0$0$0
Judith Hayden
Trustee1.00Yes (X)$0$0$0
Kristian Denny
Trustee1.00Yes (X)$0$0$0
Kyle D Riva
Trustee1.00Yes (X)$0$0$0
Lance A Barton
Trustee1.00Yes (X)$0$0$0
Lee F Hinkle
Trustee1.00Yes (X)$0$0$0
Marilyn J Young
Trustee1.00Yes (X)$0$0$0
Mart P Hill
Trustee (Partial Year)1.00Yes (X)$0$0$0
Ralph R Gonzalez
Trustee1.00Yes (X)$0$0$0
Richard D McCullough
Trustee/Ex Officio Voting, FSU President1.040.0Yes (X)$0$1,558,470$136,117
Robert A Johnson
Trustee1.00Yes (X)$0$0$0
Roxanne M Hughes
Trustee/Ex Officio Voting, Faculty Senate President (New)1.040.0Yes (X)$0$177,354$27,714
Sam W Huckaba
Trustee/Ex Officio Voting, Provost-Appointed Dean1.040.0Yes (X)$0$392,944$62,709
Scott G Price
Trustee/Chair, Advancement and Donor Engagement1.00Yes (X)$0$0$0
Timothy S Gunning
Trustee1.00Yes (X)$0$0$0
Urielle J Laurent
Trustee/Ex Officio Voting, Chair, Student Foundation (Partial Year)1.00Yes (X)$0$0$0
William T Hold
Trustee/Ex Officio Voting, Presidential Appointee1.00Yes (X)$0$0$0
Yasamin Khosh
Trustee/Ex Officio Voting, Chair, Student Foundation (New) (Partial Year)1.00Yes (X)$0$0$0
Caroline L Poole
Assistant Secretary (Partial Year)40.00.0Yes (X)$0$147,523$38,926
John Carrigan
CFO/Assistant Treasurer38.02.0Yes (X)$0$185,449$87,921
Marla A Vickers
VP for University Advancement & Foundation President10.030.0Yes (X)$0$479,872$44,994
James A McNeill
Sr. Director of Development, College of Medicine40.00.0$0$209,331$43,434Yes (X)
Nancy B Smilowitz
Sr. Director of Development, College of Arts & Sciences40.00.0$0$182,187$28,482Yes (X)
Rebecca Eve Fullmer
Associate VP of Advancement Operations40.00.0$0$200,370$22,190Yes (X)
Steven Mark Terman
Sr. Director of Development, The John and Mable Ringling Museum of Art40.00.0$0$245,237$38,953Yes (X)
Susan Glenn
Associate VP of Advancement, Colleges, Schools and Units40.00.0$0$305,208$63,260Yes (X)
Michael Hartline
Former Interim Foundation President0.040.0$0$494,799$46,997Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$4,685,019TotReportableCompRltdOrgAmt
Total Other Compensation$667,331TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Cambridge Associates LLC
PO Box 412015BostonMA022412015Investment Consulting$1,873,296
Huron Consulting Services LLC
PO Box 71223ChicagoIL606941223Software Consulting$391,866
CDW Government
75 Remittance Drive Suite 1515ChicagoIL606751515Computer Supply$297,806
Grenzebach Glier & Associates Inc
PO Box 775324ChicagoIL60677Campaign Consulting$187,004
Bank of New York
240 Greenwich StreetNew YorkNY10286Banking Services$158,520
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt
Fundraising$233,592FundraisingAmt
Related Organizations$4,368,640RelatedOrganizationsAmt
Government Grants$1,807,195GovernmentGrantsAmt
All Other Contributions$53,728,279AllOtherContributionsAmt
Noncash Contributions$10,356,305NoncashContributionsAmt
Total Contributions$60,137,706TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
REGISTRATION/ADMINISTRATION561000$1,519,311$1,519,311$0$0
SPONSORSHIPS561000$60,250$0$0$60,250

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,579,561TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,697,237TotalRevenueColumnAmt
Unrelated Business Revenue$1,160,524UnrelatedBusinessRevenueAmt
Exclusion$12,536,713ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$75,907TotalRevenueColumnAmt
Exclusion$75,907ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$149,862,196SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$101,923,776SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$47,938,420SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$47,938,420TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$47,938,420ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$55,744FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$233,592ContriRptFundraisingEventAmt
Fundraising Direct Expenses$186,597FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$130,853TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$130,853ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$584,223TotalRevenueColumnAmt
Related Or Exempt Func Income$584,203RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$20UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$584,223OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$123,882,201TotalRevenueColumnAmt
Related Or Exempt Func Income$2,103,514RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,160,544UnrelatedBusinessRevenueAmt
Exclusion$60,480,437ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$34,535,571TotalAmt
Program Services$34,535,571ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$430,706TotalAmt
Program Services$9,390ProgramServicesAmt
Management And General$900ManagementAndGeneralAmt
Fundraising$420,416FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,896,562TotalAmt
Management And General$2,503,001ManagementAndGeneralAmt
Fundraising$393,561FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,282,422TotalAmt
Management And General$1,155,967ManagementAndGeneralAmt
Fundraising$126,455FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,796TotalAmt
Program Services$11,796ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$273,093TotalAmt
Program Services$70,000ProgramServicesAmt
Management And General$202,043ManagementAndGeneralAmt
Fundraising$1,050FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$340,967TotalAmt
Program Services$340,967ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$20,466,713TotalAmt
Management And General$20,466,713ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,364,695TotalAmt
Program Services$4,213,412ProgramServicesAmt
Management And General$1,581,125ManagementAndGeneralAmt
Fundraising$570,158FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,541,684TotalAmt
Program Services$1,352,722ProgramServicesAmt
Management And General$7,265ManagementAndGeneralAmt
Fundraising$181,697FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,229,513TotalAmt
Program Services$3,348,011ProgramServicesAmt
Management And General$244,136ManagementAndGeneralAmt
Fundraising$637,366FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$235,262TotalAmt
Program Services$201,323ProgramServicesAmt
Management And General$31,656ManagementAndGeneralAmt
Fundraising$2,283FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$36,534TotalAmt
Program Services$36,534ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,019,504TotalAmt
Program Services$703,115ProgramServicesAmt
Management And General$313,959ManagementAndGeneralAmt
Fundraising$2,430FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,347,930TotalAmt
Program Services$3,865,125ProgramServicesAmt
Management And General$37,934ManagementAndGeneralAmt
Fundraising$444,871FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$248,494TotalAmt
Program Services$215,031ProgramServicesAmt
Management And General$13,779ManagementAndGeneralAmt
Fundraising$19,684FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$22,598TotalAmt
Management And General$22,598ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$818,476TotalAmt
Program Services$729ProgramServicesAmt
Management And General$817,747ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$201,094TotalAmt
Program Services$61,057ProgramServicesAmt
Management And General$140,037ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Campus & Donor Engagement$4,932,285$4,375,971$18,539$537,775
Books, journals & subscriptions$1,544,370$776,224$295,817$472,329
Membership dues and fees$626,676$575,999$31,036$19,641
Event Space Rental$469,219$345,632$100$123,487

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$686,670TotalAmt
Program Services$114,858ProgramServicesAmt
Management And General$551,072ManagementAndGeneralAmt
Fundraising$20,740FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$87,562,834TotalAmt
Program Services$55,153,467ProgramServicesAmt
Management And General$28,435,424ManagementAndGeneralAmt
Fundraising$3,973,943FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,254,830BOYAmt
EOY$2,904,905EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$59,174,318BOYAmt
EOY$84,343,539EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$46,220,191BOYAmt
EOY$43,310,900EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,558BOYAmt
EOY$39,893EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$231,796BOYAmt
EOY$269,565EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,908,005LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,645,490LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,183,628BOYAmt
EOY$5,262,515EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$110,473,881BOYAmt
EOY$106,216,789EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$810,731,036BOYAmt
EOY$888,123,430EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$30,611,017BOYAmt
EOY$29,379,107EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,064,931,255BOYAmt
EOY$1,159,850,643EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$752,156BOYAmt
EOY$820,499EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,336,883BOYAmt
EOY$1,504,076EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,120,088BOYAmt
EOY$1,844,313EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,891,968BOYAmt
EOY$20,290,587EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,101,095BOYAmt
EOY$24,459,475EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$247,409,932BOYAmt
EOY$268,611,814EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$3,168,082BOYAmt
EOY$3,716,638EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$790,252,146BOYAmt
EOY$863,062,716EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,040,830,160BOYAmt
EOY$1,135,391,168EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,064,931,255BOYAmt
EOY$1,159,850,643EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$36,319,367ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$58,241,641NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,070,626CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,292,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51,782,803CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54,173,079CurrentTaxYearMinus1YearAmt
Current Tax Year$60,137,706CurrentTaxYearAmt
Total$253,457,144TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,344,806CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,503,388CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,758,163CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,514,259CurrentTaxYearMinus1YearAmt
Current Tax Year$13,053,599CurrentTaxYearAmt
Total$42,174,215TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,415,432CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$55,796,318CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,540,966CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$62,687,338CurrentTaxYearMinus1YearAmt
Current Tax Year$73,191,305CurrentTaxYearAmt
Total$295,631,359TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,744,818SubstantialContributorsTotAmt
Public Support Total170$292,886,541PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,364,349CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,159,679CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,625,462CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,586,095CurrentTaxYearMinus1YearAmt
Current Tax Year$13,773,144CurrentTaxYearAmt
Total$52,508,729TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$600CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,505CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,660CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$300CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$7,065TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$260,463CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$507,377CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$568,798CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$733,302CurrentTaxYearMinus1YearAmt
Current Tax Year$639,967CurrentTaxYearAmt
Total$2,709,907TotalAmt
FieldValueIRS element (for citing)
Total Support$350,857,060TotalSupportAmt
Gross Receipts Rltd Activities$5,093,886GrossReceiptsRltdActivitiesAmt
Public Support CY1700.83477PublicSupportCY170Pct
Public Support PY1700.83932PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - OTHER MISCELLANEOUS INCOME, COLUMN A - 247778.0, COLUMN B - 481400.0, COLUMN C - 496225.0, COLUMN D - 681936.0, COLUMN E - 584223.0, COLUMN F - 2491562.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 12685.0, COLUMN B - 25977.0, COLUMN C - 72573.0, COLUMN D - 51366.0, COLUMN E - 55744.0, COLUMN F - 218345.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$340,967DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$340,967TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationFEES OF $340,967 WERE PAID TO CONSULTANTS FOR SERVICES TO SUPPORT THE INTERESTS OF FLORIDA STATE UNIVERSITY; NO PAYMENTS WERE IN SUPPORT OF, OR IN OPPOSITION TO, ANY CANDIDATE FOR POLITICAL OFFICE.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$790,252,146BeginningYearBalanceAmt
Contributions$7,120,567ContributionsAmt
Investment Earnings Or Losses$101,093,234InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,527,036GrantsOrScholarshipsAmt
Other Expenditures$16,089,759OtherExpendituresAmt
Administrative Expenses$10,786,436AdministrativeExpensesAmt
End Year Balance$863,062,716EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$717,678,059BeginningYearBalanceAmt
Contributions$4,109,516ContributionsAmt
Investment Earnings Or Losses$99,988,523InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,732,489GrantsOrScholarshipsAmt
Other Expenditures$13,717,381OtherExpendituresAmt
Administrative Expenses$10,074,082AdministrativeExpensesAmt
End Year Balance$790,252,146EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$676,213,963BeginningYearBalanceAmt
Contributions$1,051,002ContributionsAmt
Investment Earnings Or Losses$70,725,617InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,794,159GrantsOrScholarshipsAmt
Other Expenditures$13,479,169OtherExpendituresAmt
Administrative Expenses$9,039,195AdministrativeExpensesAmt
End Year Balance$717,678,059EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$690,591,769BeginningYearBalanceAmt
Contributions$4,269,628ContributionsAmt
Investment Earnings Or Losses$10,026,681InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,277,915GrantsOrScholarshipsAmt
Other Expenditures$13,305,953OtherExpendituresAmt
Administrative Expenses$8,090,247AdministrativeExpensesAmt
End Year Balance$676,213,963EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$489,492,453BeginningYearBalanceAmt
Contributions$17,062,452ContributionsAmt
Investment Earnings Or Losses$208,225,102InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,923,468GrantsOrScholarshipsAmt
Other Expenditures$10,978,286OtherExpendituresAmt
Administrative Expenses$7,286,484AdministrativeExpensesAmt
End Year Balance$690,591,769EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0293BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.6586PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.3121TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,619,876OtherCostOrOtherBasisAmt
Book Value$1,619,876BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,785,900OtherCostOrOtherBasisAmt
Depreciation$1,281,527DepreciationAmt
Book Value$3,504,373BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,397,229OtherCostOrOtherBasisAmt
Depreciation$2,363,963DepreciationAmt
Book Value$33,266BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$105,000OtherCostOrOtherBasisAmt
Book Value$105,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,262,515TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Closely-held equity interests
Financial derivatives
FIXED INCOME$11,078,489F
EQUITIES$470,744,472F
HEDGE FUNDS$110,232,721F
LIMITED PARTNERSHIPS$294,174,853F
REAL ASSETS$1,892,895F
FieldValueIRS element (for citing)
Total Book Value Securities$888,123,430TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
Federal Income Taxes
ANNUITY OBLIGATIONS$3,918,125
SPLIT-INTEREST AGREEMENTS FOR REMAINDER INTERESTS$4,799,232
TRUSTS HELD BY OTHERS$9,382,710
DUE TO RELATED ORGANIZATIONS$1,525,768
SBITA LIABILITIES$664,752
FieldValueIRS element (for citing)
Total Liability$20,290,587TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$174,897,325TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$58,241,641NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$13,053,599DonatedServicesAndUseFcltsAmt
Other Revenue$186,597OtherRevenueAmt
Revenue Not Reported$71,481,837RevenueNotReportedAmt
Revenue Subtotal$103,415,488RevenueSubtotalAmt
Investment Expenses Not Incld$20,466,713InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$20,466,713RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$123,882,201TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$80,336,317TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$13,053,599DonatedServicesUseFcltsAmt
Other Expenses Included$186,597OtherExpensesIncludedAmt
Expenses Not Reported$13,240,196ExpensesNotReportedAmt
Expenses Subtotal$67,096,121ExpensesSubtotalAmt
Investment Expenses Not Incld2$20,466,713InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$20,466,713ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$87,562,834TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsSPENDING FROM THE FOUNDATION'S ENDOWMENTS SUPPORTS THE ACADEMIC ACTIVITIES OF THE UNIVERSITY INCLUDING SCHOLARSHIPS AND PROGRAMS.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnotePursuant to a determination letter received from the Internal Revenue Service (IRS), the Foundation is a non-profit corporation exempt from federal income taxes under Internal Revenue Code Section 501(c)(3), with the exception of any unrelated business income. The Foundation has reviewed its tax status and related filings and determined that there are no uncertain tax positions that would have a material impact on the financial statements for which an obligation needs to be recorded.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Fundraising Event Expenses - 186597
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Fundraising Event Expenses - 186597

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00InvestmentsN/A$90,264,033
Europe (Including Iceland and Greenland)00InvestmentsN/A$25,614,779
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$115,878,812SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$115,878,812TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-AccrualExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FSU PC ANNUAL DINNEREvent1Nm
Gross Receipts Event1$80,825GrossReceiptsEvent1Amt
Charitable Contri Event1$63,325CharitableContriEvent1Amt
Gross Revenue Event1$17,500GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$0NonCashPrizesEvent1Amt
Rent Facility Costs Event1$2,250RentFacilityCostsEvent1Amt
Food And Beverage Event1$26,718FoodAndBeverageEvent1Amt
Entertainment Event1$9,697EntertainmentEvent1Amt
Other Direct Expenses Event1$26,769OtherDirectExpensesEvent1Amt
Event2FSU PC ANNUAL GOLF TOURNAMENTEvent2Nm
Gross Receipts Event2$78,900GrossReceiptsEvent2Amt
Charitable Contri Event2$71,660CharitableContriEvent2Amt
Gross Revenue Event2$7,240GrossRevenueEvent2Amt
Cash Prizes Event2$3,800CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$9,800RentFacilityCostsEvent2Amt
Food And Beverage Event2$9,432FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$6,121OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$129,611GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$98,607CharitableContriOtherEventsAmt
Gross Revenue Other Events$31,004GrossRevenueOtherEventsAmt
Cash Prizes Other Events$100CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$323NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$7,510RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$38,263FoodAndBeverageOtherEventsAmt
Entertainment Other Events$10,652EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$35,162OthDirectExpnssOtherEventsAmt
Gross Receipts Total$289,336GrossReceiptsTotalAmt
Charitable Contributions Tot$233,592CharitableContributionsTotAmt
Gross Revenue Total Events$55,744GrossRevenueTotalEventsAmt
Cash Prizes Total Events$3,900CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$323NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$19,560RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$74,413FoodAndBeverageTotalEventsAmt
Entertainment Total Events$20,349EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$68,052OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$186,597DirectExpenseSummaryEventsAmt
Net Income Summary-$130,853NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
The Florida State University
282 Champion WayTallahasseeFL32306591961248501(c)(3)$32,999,570$115,976FMVWater Craft & Program EquipmentSupport scholarships and University programs
The Florida State University Alumni Association
1030 W Tennessee StreetTallahasseeFL32304590705420501(c)(3)$1,245,025Support for the Alumni Association
FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC
2000 Levy AveTallahasseeFL32310593211153501(c)(3)$175,000Support for the Research FoundationBuilding A
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant fundsFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OVERSEES THE GRANT PROCESS. UNIVERSITY PERSONNEL DETERMINE WHO WILL RECEIVE AWARDS AND HOW THEY ARE AWARDED BASED ON THE DONOR RESTRICTIONS OF EACH FUND. ONCE GRANT SELECTIONS ARE MADE, A PAYMENT REQUEST IS INITIATED AND APPROVED BY UNIVERSITY PERSONNEL. EACH GRANT IS THEN AUDITED BY FOUNDATION STAFF TO ENSURE THAT IT MEETS THE DONOR'S INTENT BEFORE PAYMENT IS MADE. THE UNIVERSITY KEEPS RECORDS OF THE DISBURSEMENTS MADE ON BEHALF OF THE FSU FOUNDATION THROUGH ITS SYSTEMS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Michael Hartline
Former Interim Foundation President$0$469,799$0$0$0$25,000$0$35,330$0$11,667$0$541,796$0$0
Richard D McCullough
Trustee/Ex Officio Voting, FSU President$0$1,028,639$0$320,000$0$209,831$0$103,466$0$32,651$0$1,694,587$0$0
Sam W Huckaba
Trustee/Ex Officio Voting, Provost-Appointed Dean$0$392,944$0$0$0$0$0$39,510$0$23,199$0$455,653$0$0
Roxanne M Hughes
Trustee/Ex Officio Voting, Faculty Senate President (New)$0$177,354$0$0$0$0$0$17,289$0$10,425$0$205,068$0$0
Marla A Vickers
VP for University Advancement & Foundation President$0$452,372$0$20,000$0$7,500$0$34,559$0$10,435$0$524,866$0$0
John Carrigan
CFO/Assistant Treasurer$0$185,449$0$0$0$0$0$64,528$0$23,393$0$273,370$0$0
Caroline L Poole
Assistant Secretary (Partial Year)$0$147,523$0$0$0$0$0$15,096$0$23,830$0$186,449$0$0
Susan Glenn
Associate VP of Advancement, Colleges, Schools and Units$0$299,208$0$0$0$6,000$0$39,553$0$23,707$0$368,468$0$0
Steven Mark Terman
Sr. Director of Development, The John and Mable Ringling Museum of Art$0$148,310$0$0$0$96,927$0$17,992$0$20,961$0$284,190$0$0
James A McNeill
Sr. Director of Development, College of Medicine$0$209,331$0$0$0$0$0$32,442$0$10,992$0$252,765$0$0
Rebecca Eve Fullmer
Associate VP of Advancement Operations$0$160,620$0$0$0$39,750$0$16,110$0$6,080$0$222,560$0$0
Nancy B Smilowitz
Sr. Director of Development, College of Arts & Sciences$0$182,187$0$0$0$0$0$18,265$0$10,217$0$210,669$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planRICHARD D. MCCULLOUGH, PRESIDENT OF FLORIDA STATE UNIVERSITY, PARTICIPATES IN A 415(M) EXCESS BENEFIT PLAN. IN CALENDAR YEAR 2024, CONTRIBUTIONS TOTALING $188,596 WERE MADE TO HIS 415(M) PLAN. PURSUANT TO THE 415(M) PLAN DOCUMENT, THIS AMOUNT WAS INCLUDED IN HIS TAXABLE WAGES REPORTED ON 2024 FORM W-2 BOX 5; THEREFORE, THIS AMOUNT IS INCLUDED IN FORM 990, SCHEDULE J, PART II, COLUMN (B)(III). NO DISTRIBUTIONS WERE MADE OUT OF THIS PLAN DURING CALENDAR YEAR 2024.
Schedule J, Part II COMPENSATION PAID BY RELATED ORGEFFECTIVE DECEMBER 14, 2018, ALL EMPLOYEES OF THE FSU FOUNDATION TRANSITIONED TO EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION. DURING THE CALENDAR YEAR ENDED 2024, ALL INDIVIDUALS WITH COMPENSATION REPORTED ON FORM 990 PART VII WERE EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Contribution3ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - SEE NARRATIVE ON SCHEDULE M PART IIMethodOfDeterminingRevenuesTxt

Boats And Planes BoatsAndPlanesGrp

FieldValueIRS element (for citing)
Contribution2ContributionCnt
Noncash Contributions Rpt F990$111,986NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - PUBLISHED VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Contribution58ContributionCnt
Noncash Contributions Rpt F990$8,838,319NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - SALE OF COMPARABLESMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Contribution1ContributionCnt
Noncash Contributions Rpt F990$1,406,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - QUALIFIED APPRAISALMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I, Line 33 Noncash contribution amounts not reportedTHE FOUNDATION HAS ELECTED TO EXERCISE THE OPTION OF NOT CAPITALIZING ITEMS THAT MEET THE DEFINITION OF COLLECTIONS AS PRESCRIBED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. ALL DONATIONS OF COLLECTIONS ARE TRANSFERRED TO THE UNIVERSITY AT THE TIME OF THE GIFT. THE FOUNDATION RECEIVED DONATIONS OF PAINTINGS, SCULPTURES, PHOTOGRAPHS, MEMORABILIA AND SIMILAR ITEMS WITH A VALUE OF $2,036,765 FOR THE YEAR ENDED JUNE 30, 2025.
Schedule M, Part I Explanations of reporting method for number of contributionsArt - Works of art - THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS RECEIVED. Boats and planes - THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS RECEIVED. Securities - Publicly traded - THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS RECEIVED. Real estate - Residential - THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS RECEIVED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part I, Line 5 AND PART V, LINES 2A AND 2BEFFECTIVE DECEMBER 14, 2018, ALL EMPLOYEES OF THE FSU FOUNDATION TRANSITIONED TO EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION. DURING CALENDAR YEAR 2024 THERE WERE 171 EMPLOYEES PRIMARILY DEDICATED TO WORKING FOR THE FSU FOUNDATION.
Form 990, Part I, Line 1 BRIEF MISSIONTHROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS, ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU, SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT, INVESTING AND EXPENDING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU, AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU.
Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATIONCOMPENSATION FOR MANAGEMENT IS REVIEWED AND SET BY THE PRESIDENT OF THE UNIVERSITY, OR HIS DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER FOUNDATIONS NATIONALLY.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeTHE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. THE COMMITTEE SHALL INCLUDE THE CHAIR, PAST CHAIR, FOUNDATION PRESIDENT, TREASURER, SECRETARY, THE UNIVERSITY PRESIDENT OR DESIGNEE, THE CHAIR OF THE FSU BOARD OF TRUSTEES OR APPOINTEE, THE PRESIDENT OF THE UNIVERSITY FACULTY SENATE, AND THE CHAIR OF EACH STANDING COMMITTEE. THE COMMITTEE SHALL CONSIDER, EVALUATE AND ANALYZE ISSUES THAT HAVE IMPLICATIONS FOR CHANGES TO THE BOARD AND MAKE RECOMMENDATIONS OF APPROPRIATE ACTION TO THE BOARD. IF THE COMMITTEE MEETS TO EXERCISE THE POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, THE COMMITTEE SHALL HAVE NO AUTHORITY TO ALTER, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OR TO ELECT TRUSTEES.
Form 990, Part VI, Line 4 Significant changes to organizational documentsTHE ORGANIZATION'S BYLAWS HAVE BEEN AMENDED TO REMOVE THE ASSISTANT VICE PRESIDENT OF ADVANCEMENT, STRATEGIC INITIATIVES OFFICER, TO REMOVE THE TRUSTEESHIP AND ENGAGEMENT COMMITTEE, AND TO REDUCE THE NUMBER OF TRUSTEES ON THE BOARD FROM BETWEEN 20 AND 25 TO BETWEEN 18 AND 25. THE AMENDED BYLAWS WERE APPROVED IN MAY 2025 WITH AN EFFECTIVE DATE OF JULY 1, 2025.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyTHE ORGANIZATION HAS AN EXECUTIVE COMMITTEE WHICH IS CHARGED WITH RECOMMENDING CANDIDATES FOR ELECTION AS REGULAR TRUSTEES, FIRST TO THE UNIVERSITY PRESIDENT AND THEN TO THE FULL BOARD. REGULAR TRUSTEES HAVE VOTING PRIVILEGES AND ARE ELECTED BY MAJORITY VOTE OF THE VOTING TRUSTEES AFTER RECOMMENDATION BY THE EXECUTIVE COMMITTEE AND CONSULTATION WITH THE UNIVERSITY PRESIDENT. PER THE FLORIDA EXCELLENCE IN HIGHER EDUCATION ACT OF 2018, SIGNED INTO LAW ON MARCH 11, 2018, THE UNIVERSITY BOARD OF TRUSTEES SHALL APPROVE BOARD APPOINTMENTS, OTHER THAN THOSE MEMBERS APPOINTED BY THE TRUSTEE CHAIR OR PRESIDENT, TO THE FLORIDA STATE UNIVERSITY FOUNDATION.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersPER THE FLORIDA EXCELLENCE IN HIGHER EDUCATION ACT OF 2018, SIGNED INTO LAW ON MARCH 11, 2018, THE UNIVERSITY BOARD OF TRUSTEES SHALL APPROVE BOARD APPOINTMENTS, OTHER THAN THOSE MEMBERS APPOINTED BY THE TRUSTEE CHAIR OR PRESIDENT, TO THE FLORIDA STATE UNIVERSITY FOUNDATION.
Form 990, Part VI, Line 11b Review of form 990 by governing body1) THE CFO REVIEWS FORMS 990 AND 990-T WITH THE PRESIDENT AND RESOLVES ANY ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. IT IS THE CFO AND PRESIDENT'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS REPRESENT THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED AND DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS. 2) THE FOUNDATION'S BOARD OF TRUSTEES DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY FOR THE FINAL REVIEW OF THE DRAFT FORMS 990 AND 990-T. 3) ONCE THE AUDIT COMMITTEE REVIEW IS COMPLETE, THE DRAFT FORMS 990 AND 990-T ARE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE FORMS WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION OF A LINK TO A WEBSITE OR ACTUAL MAILING OF THE DOCUMENT.
Form 990, Part VI, Line 12c Conflict of interest policyANNUALLY ALL TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST FORM. THE BOARD STAFF LIAISON MONITORS THE PROCESS TO ENSURE THAT COMPLETED FORMS ARE RETURNED BY ALL MEMBERS WITH INDIVIDUAL FOLLOW UP WHEN NECESSARY. COPIES OF ALL FORMS ARE RETAINED. IT IS THE RESPONSIBILITY OF THE ASSISTANT SECRETARY OF THE BOARD TO INFORM THE BOARD CHAIR AND COMMITTEE CHAIRPERSONS OF ANY EXISTING CONFLICTS SO THAT THEY CAN BE SURE THAT BOARD MEMBERS RECUSE THEMSELVES FROM ANY DISCUSSIONS AND/OR ACTIONS INCLUDING VOTES ON ISSUES WHERE THERE IS A CONFLICT OF INTEREST.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS, FORM 990 AND FORM 990-T ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).
Form 990, Part VII, Section A, Line 2 NUMBER OF EMPLOYEES > $100,000EFFECTIVE DECEMBER 14, 2018, ALL EMPLOYEES OF THE FSU FOUNDATION TRANSITIONED TO EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION. DURING CALENDAR YEAR 2024 THERE WERE 40 EMPLOYEES PRIMARILY DEDICATED TO WORKING FOR THE FSU FOUNDATION WHO RECEIVED MORE THAN $100,000 OF REPORTABLE COMPENSATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (14 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtBusiness Name Line2DisregardedEntityName/BusinessNameLine2Txt
FLORIDA STATE UNIVERSITY
282 CHAMPION WAYUCA 2200TALLAHASSEEFL32306591961248EDUCATIONFL501(c)(3)2false
FLORIDA STATE UNIVERSITY ALUMNI ASSOCIATION INC
1030 W TENNESSEE STREETTALLAHASSEEFL32304590705420DIRECT SUPPORT ORGANIZATIONFL501(c)(3)7falseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY REAL ESTATE FOUNDATION INC
200 W COLLEGE AVENUETALLAHASSEEFL32301452337977DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC
2000 LEVY AVENUEBUILDING A SUITE 351TALLAHASSEEFL32310593211153DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
SEMINOLE BOOSTERS INC
PO BOX 1353TALLAHASSEEFL323021353591561180DIRECT SUPPORT ORGANIZATIONFL501(c)(3)7falseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY INTERNATIONAL PROGRAMS ASSOC INC
PO BOX 3062420TALLAHASSEEFL323062420593153341DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY SCHOOLS INC
3000 SCHOOL HOUSE ROADTALLAHASSEEFL32311593726188DIRECT SUPPORT ORGANIZATIONFL501(c)(3)2falseFLORIDA STATE UNIVERSITY
THE JOHN AND MABLE RINGLING MUSEUM OF ART FOUNDATION INC
5401 BAY SHORE ROADSARASOTAFL34243596214423DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA MEDICAL PRACTICE PLAN INC
1115 WEST CALL STREETTALLAHASSEEFL323064300571234883DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC
109 WESTCOTT BUILDINGTALLAHASSEEFL323061330134356799DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FSU COLLEGE OF BUSINESS STUDENT INVESTMENT FUND
821 ACADEMIC WAY509 RBATALLAHASSEEFL323061110264028305DIRECT SUPPORT ORGANIZATIONFL501(c)(3)5falseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY ATHLETICS ASSOCIATION INC
403 STADIUM DRIVE WESTTALLAHASSEEFL32306813227626DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
BOSWORTH EDUC FDFLORIDA TW
4900 TIEDEMAN ROADOH-01-49-0381BROOKLYNOH44144346776855Nonexempt charitable trustOH4947 (a)(1)Yes (true)FSU Foundation
FLORIDA STATE UNIVERSITY PANAMA CITY DEVELOPMENTAL LABORATORY CHARTER SCHOO
2430 ST ANDREWS BLVDPANAMA CITYFL32405320783410DIRECT SUPPORT ORGANIZATIONFL501(c)(3)2falseFLORIDA STATE UNIVERSITYL INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd