FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC (EIN 23-7047106)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-25
- IRS object ID
- 202241159349302004
- Schema version
- 2020v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-25T14:14:51-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 593204548 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES MOORE & CO PL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5931 NW 1ST PL | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326072063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237047106 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLORIDA INTERNATIONAL UNIVERSITY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FLOR | BusinessNameControlTxt |
| Phone | 3053483758 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11200 SW 8TH ST MARC 531 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331992516 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HUMBERTO CABANAS | PersonNm |
| Person Title | CHAIRPERSON | PersonTitleTxt |
| Phone | 3053483758 | PhoneNum |
| Signature | 2022-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | HUMBERTO | PersonFirstNm |
| Person Last | CABANAS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEN KURDZIEL | PreparerPersonNm |
| PTIN | P00060407 | PTIN |
| Phone | 3523781331 | PhoneNum |
| Preparation | 2022-04-25 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | HUMBERTO CABANAS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11200 SW 8TH STREET | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33199 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $495,271,112 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://GIVE.FIU.EDU/BUSINESS-GOVERNANCE/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR FIU AND ITS OBJECTIVES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 45 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 42 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$359,374 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $34,204,109 | PYContributionsGrantsAmt |
| CY Contributions Grants | $96,274,799 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,167,709 | PYInvestmentIncomeAmt |
| CY Investment Income | $57,883,109 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$628,974 | PYOtherRevenueAmt |
| CY Other Revenue | $447,969 | CYOtherRevenueAmt |
| PY Total Revenue | $44,742,844 | PYTotalRevenueAmt |
| CY Total Revenue | $154,605,877 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $27,141,390 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,736,723 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $100,277 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,528,255 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,558,146 | PYOtherExpensesAmt |
| CY Other Expenses | $17,243,060 | CYOtherExpensesAmt |
| PY Total Expenses | $34,799,813 | PYTotalExpensesAmt |
| CY Total Expenses | $42,979,783 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,943,031 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $111,626,094 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $346,373,305 | TotalAssetsBOYAmt |
| Total Assets EOY | $475,743,772 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,380,370 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,440,096 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $329,992,935 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $470,303,676 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF FLORIDA INTERNATIONAL UNIVERSITY AND ITS OBJECTIVES (SEE SCHEDULE O FOR CONTINUATION). THE ORGANIZATION IS GOVERNED BY A BOARD OF DIRECTORS, WHOSE MEMBERS PLAY A SIGNIFICANT ROLE IN THE DEVELOPMENT OF THE UNIVERSITY AS A MAJOR EDUCATIONAL, CULTURAL AND ECONOMIC RESOURCE. THROUGH THE INVOLVEMENT OF THE DIRECTORS AND THEIR CONTRIBUTION OF TIME, LEADERSHIP AND FINANCIAL RESOURCES, THE MISSION OF THE UNIVERSITY IS ADVANCED. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $26,919,711 | ExpenseAmt |
| Grant | $25,736,723 | GrantAmt |
| Revenue | $29,749 | RevenueAmt |
| Desc | THE FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION ACCEPTS CHARITABLE DONATIONS TO SUPPORT FLORIDA INTERNATIONAL UNIVERSITY IN ITS GOAL TO BE A LEADING URBAN PUBLIC RESEARCH UNIVERSITY FOCUSED ON STUDENT LEARNING, INNOVATION, AND COLLABORATION. THE FOUNDATION SUPPORTS THE UNIVERSITY'S MISSION BY PROVIDING FUNDS TO SUPPORT A DIVERSE STUDENT POPULATION, EXCEPTIONAL FACULTY, CUTTING EDGE RESEARCH, MODERN FACILITIES, AND COLLABORATIVE ENGAGEMENT WITH OUR LOCAL AND GLOBAL COMMUNITIES. | Desc |
| Total Program Service Expenses | $26,919,711 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 62 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 45 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 42 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ADRIANNE PERDOMO | PersonNm |
| Phone | 3053483758 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11200 SW 8TH STREET - MARC 530 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33199 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| RICHARD BRILLIANT | ||||||||
| IMMEDIATE PAST CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ADALIO T SANCHEZ | ||||||||
| VICE CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JILL M GRANAT | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| AGUSTIN R ARELLANO SR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN M BERWICK | ||||||||
| CHAIR, AUDIT SUB-COM | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HUMBERTO CABANAS | ||||||||
| CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN M BUSSEL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JUAN R FIGUEREO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH G FURTON | ||||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $485,305 | $46,617 | 40.00 | ||
| FRANCISCO GONZALEZ | ||||||||
| CO-CHAIR, ATHLETICS SUB-CO | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALBERTO LORENZO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JUAN J MARTINEZ | ||||||||
| CHAIR, INVESTMENT SUB-COM | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ESTHER L MORENO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN E PERLMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WASIM J SHOMAR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ELLIOT N STONE | ||||||||
| CHAIR, REAL ESTATE SUB-COM | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALBERT R TANO | ||||||||
| CHAIR, MEMBERSHIP & BOARD MGMT. | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDRE L TEIXEIRA | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JORGE R VILLACAMPA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEWART L APPELROUTH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TRISH AND DAN BELL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL A KAPPITT | ||||||||
| CHAIR, CAMPAIGN & MARKETIN | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| IRA D GILLER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY L HORSTMYER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT M NAMOFF | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GERALD C GRANT JR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CRISTINA DI MAURO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| YOLANGEL HERNANDEZ SUAREZ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $387,931 | $31,198 | |||
| FRANCISCO LOPEZ JR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARCEL L NAVARRO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JASON A SALTZMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CANDIDO VIYELLA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL A HERNANDEZ | ||||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| T GENE PRESCOTT | ||||||||
| CHAIR, GOVN'T RELATIONS | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NOEL J GUILLAMA-ALVAREZ | ||||||||
| CHAIR, CAMPAIGN BUDGET TAS | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHAD MOSES | ||||||||
| CHAIR, ATHLETICS SUB-CO | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CARMEL J BARRAU | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CARLOS A SABATER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER P KOLTIS | ||||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEANNE BUTCHEY | ||||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $277,406 | $35,858 | |||
| LATESSA DOTSON HALL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WALTER B GONZALEZ JR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANCIS A HONDAL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD P TONKINSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEXANDRA IBARRIA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD R LIPMAN | ||||||||
| CEO | 40.00 | Yes (X) | $0 | $451,175 | $46,122 | |||
| MILAGROS GARCIA-CHICA | ||||||||
| ASST TREASURER | 40.00 | Yes (X) | $0 | $157,440 | $32,058 | |||
| ADRIANNE PERDOMO | ||||||||
| CONTROLLER | 40.00 | $0 | $109,251 | $18,678 | Yes (X) | |||
| MELISSA HERNANDEZ | ||||||||
| CAO | 40.00 | $0 | $180,201 | $24,018 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,048,709 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $234,549 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | |||||
| 4100 N FAIRFAX DRIVE SUITE 1300 | ARLINGTON | VA | 22203 | INVESTMENT OFFICER | $442,705 |
| JPMORGAN CHASE | |||||
| 270 PARK AVENUE | NEW YORK | NY | 10017 | INVESTMENT OFFICER & CUSTODIAN | $264,800 |
| CAPITAL CITY CONSULTING LLC | |||||
| 124 W JEFFERSON STREET | TALLAHASSEE | FL | 32301 | LOBBYING | $145,000 |
| THE CONCORD ADVISORY GROUP LTD | |||||
| ONE ORLANDO CENTRE 1675 800 N MA | ORLANDO | FL | 32803 | INVESTMENT MANAGER CONSULTANT | $101,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $365,503 | MembershipDuesAmt |
| Fundraising | $10,148 | FundraisingAmt |
| Related Organizations | $9,700,747 | RelatedOrganizationsAmt |
| All Other Contributions | $86,198,401 | AllOtherContributionsAmt |
| Noncash Contributions | $3,525,970 | NoncashContributionsAmt |
| Total Contributions | $96,274,799 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,144,982 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$359,374 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,504,356 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,851 | TotalRevenueColumnAmt |
| Exclusion | $53,851 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,088,485 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,721,534 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $366,951 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $366,951 | TotalRevenueColumnAmt |
| Exclusion | $366,951 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $394,677,866 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $338,939,739 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,738,127 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,738,127 | TotalRevenueColumnAmt |
| Exclusion | $55,738,127 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,380 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $10,148 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $3,962 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,582 | TotalRevenueColumnAmt |
| Exclusion | -$2,582 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS | 900099 | $27,810 | $27,810 |
| MUSEUM STORE REVENUE | 453000 | $1,083 | $1,083 |
| PROGRAM REVENUE | 900099 | $856 | $856 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $29,749 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $154,605,877 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,749 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$359,374 | UnrelatedBusinessRevenueAmt |
| Exclusion | $58,660,703 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,736,723 | TotalAmt |
| Program Services | $25,736,723 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,500 | TotalAmt |
| Management And General | $81,500 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $361,430 | TotalAmt |
| Program Services | $361,430 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $809,005 | TotalAmt |
| Management And General | $809,005 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,451 | TotalAmt |
| Program Services | $43,438 | ProgramServicesAmt |
| Management And General | $5,013 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $411,898 | TotalAmt |
| Management And General | $411,898 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| CAPITAL CAMPAIGN | $5,001,933 | $1,382,265 | $3,619,668 |
| ADVANCEMENT OPERATIONS | $3,963,941 | $3,303,523 | $660,418 |
| FUNDRAISING & STEWARDSH | $3,840,953 | $3,840,953 | |
| FIU ALUMNI ASSOCIATION | $828,568 | $828,568 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,895,381 | TotalAmt |
| Program Services | $778,120 | ProgramServicesAmt |
| Management And General | $538,613 | ManagementAndGeneralAmt |
| Fundraising | $578,648 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,979,783 | TotalAmt |
| Program Services | $26,919,711 | ProgramServicesAmt |
| Management And General | $6,531,817 | ManagementAndGeneralAmt |
| Fundraising | $9,528,255 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,298,651 | BOYAmt |
| EOY | $21,393,802 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,751,852 | BOYAmt |
| EOY | $25,974,582 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,584 | BOYAmt |
| EOY | $78,890 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,259,222 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,058,178 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,910,606 | BOYAmt |
| EOY | $16,201,044 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,902,235 | BOYAmt |
| EOY | $155,970,071 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,887,221 | BOYAmt |
| EOY | $255,359,329 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $545,156 | BOYAmt |
| EOY | $766,054 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $346,373,305 | BOYAmt |
| EOY | $475,743,772 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $627,256 | BOYAmt |
| EOY | $563,166 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,000 | BOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,227 | BOYAmt |
| EOY | $15,631 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,035,000 | BOYAmt |
| EOY | $1,075,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,560,887 | BOYAmt |
| EOY | $3,786,299 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,380,370 | BOYAmt |
| EOY | $5,440,096 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,997,388 | BOYAmt |
| EOY | $82,577,707 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,921,147 | BOYAmt |
| EOY | $13,171,584 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,074,400 | BOYAmt |
| EOY | $374,554,385 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $329,992,935 | BOYAmt |
| EOY | $470,303,676 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $346,373,305 | BOYAmt |
| EOY | $475,743,772 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $111,626,094 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $30,222,792 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$484,912 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,053,233 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,601,962 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,519,069 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,051,625 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,204,109 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $96,274,799 | CurrentTaxYearAmt |
| Total | $216,651,564 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,050,859 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $988,019 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,151,654 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,283,478 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,341,891 | CurrentTaxYearAmt |
| Total | $5,815,901 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,652,821 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,507,088 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,203,279 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,487,587 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $97,616,690 | CurrentTaxYearAmt |
| Total | $222,467,465 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,325,320 | SubstantialContributorsTotAmt |
| Public Support Total170 | $218,142,145 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,634,535 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,858,962 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,527,379 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,654,996 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,287,318 | CurrentTaxYearAmt |
| Total | $16,963,190 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $47,336 | CurrentTaxYearMinus3YearsAmt |
| Total | $47,336 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $239,477,991 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $697,245 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.91090 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87400 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $361,430 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $361,430 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $26,562,243 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $26,923,673 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $270,027 | CurrentYearMinus3Amt |
| Current Year Minus2 | $362,437 | CurrentYearMinus2Amt |
| Current Year Minus1 | $333,162 | CurrentYearMinus1Amt |
| Current Year | $361,430 | CurrentYearAmt |
| Total | $1,327,056 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $218,684,250 | BeginningYearBalanceAmt |
| Contributions | $6,375,715 | ContributionsAmt |
| Investment Earnings Or Losses | $63,059,221 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,709,142 | OtherExpendituresAmt |
| End Year Balance | $276,410,044 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $216,382,258 | BeginningYearBalanceAmt |
| Contributions | $7,769,388 | ContributionsAmt |
| Investment Earnings Or Losses | $6,150,622 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,618,018 | OtherExpendituresAmt |
| End Year Balance | $218,684,250 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $209,236,634 | BeginningYearBalanceAmt |
| Contributions | $7,314,608 | ContributionsAmt |
| Investment Earnings Or Losses | $10,789,520 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,958,504 | OtherExpendituresAmt |
| End Year Balance | $216,382,258 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $240,595,499 | BeginningYearBalanceAmt |
| Contributions | $7,327,912 | ContributionsAmt |
| Investment Earnings Or Losses | $14,542,309 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,129,114 | OtherExpendituresAmt |
| End Year Balance | $251,336,606 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $222,945,763 | BeginningYearBalanceAmt |
| Contributions | $6,978,900 | ContributionsAmt |
| Investment Earnings Or Losses | $22,209,081 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,538,245 | OtherExpendituresAmt |
| End Year Balance | $240,595,499 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.69200 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.30800 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,411,550 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,411,550 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,710,073 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,335,165 | DepreciationAmt |
| Book Value | $14,374,908 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,137,599 | OtherCostOrOtherBasisAmt |
| Depreciation | $723,013 | DepreciationAmt |
| Book Value | $414,586 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,201,044 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INTERNATIONAL EQUITY SECURITY | $97,796,405 | F |
| CORPORATE BONDS | $71,738,205 | F |
| LIMITED PARTNERSHIPS | $85,824,719 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $255,359,329 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO FLORIDA INTERNATIONAL UNIVERSITY | $3,148,622 |
| ANNUITY OBLIGATIONS | $637,677 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,786,299 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $184,801,801 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $30,222,792 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$969,234 | OtherRevenueAmt |
| Revenue Not Reported | $29,253,558 | RevenueNotReportedAmt |
| Revenue Subtotal | $155,548,243 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $809,005 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$1,751,371 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$942,366 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $154,605,877 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $43,837,711 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,666,933 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,666,933 | ExpensesNotReportedAmt |
| Expenses Subtotal | $42,170,778 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $809,005 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $809,005 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,979,783 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE FOUNDATION HOLDS FUNDS DEPOSITED FOR DISBURSEMENT PROCESSING ON BEHALF OF A FAMILY FOUNDATION IN THE AMOUNT OF $15,631. |
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT CONSISTS OF DONATIONS RECEIVED BY THE FOUNDATION IN WHICH THE DONOR HAS FORMALLY INDICATED THAT THE FUNDS MUST BE HELD AND INVESTED IN PERPETUITY. EARNINGS DERIVED FROM THE INVESTED ENDOWED FUNDS ARE AVAILABLE FOR SPENDING BASED ON THE DONOR'S EXPLICIT INTENT. |
| PART X, LINE 2: | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINIATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2021 AND 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT EXPENSES NETTED WITH CONTRIBUTIONS ON FS -969,234. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON 990 PART VIII -1,721,534. REVENUE FROM RELATED ORGANIZATION (REPORTED ON CONSOLIDATED FS) -25,875. SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -3,962. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FROM RELATED ORGANIZATION (REPORTED ON CONSOLIDATED FS) 25,437. RENTAL EXPENSES REPORTED ON 990 PART VIII 1,721,534. CHANGE IN ANNUITY VALUE -84,000. SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 3,962. |
| FORM 990, SCHEDULE D, PART V, COLUMN (A), LINE 1A | CHANGE IN ACCOUNTING PRINCIPLES: ON MARCH 11, 2018, SENATE BILL 4 WAS SIGNED INTO LAW AND BECAME EFFECTIVE IMMEDIATELY AS CHAPTER 2018-004, LAWS OF FLORIDA. SEVERAL CHANGES WERE MADE TO SECTION 1004.28, FLORIDA STATUTES, WHICH ADDRESSES DSOS OF UNIVERSITIES WITHIN THE STATE UNIVERSITY SYSTEM OF FLORIDA. THE LAW NOW REQUIRES ALL UNIVERSITY DSOS TO REPORT IN ACCORDANCE WITH THE ACCOUNTING FRAMEWORK PRESCRIBED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) FOR THE FISCAL YEAR ENDING JUNE 30, 2019. PREVIOUSLY, THE ORGANIZATION REPORTED IN ACCORDANCE WITH THE ACCOUNTING FRAMEWORK PRESCRIBED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB). THE ORGANIZATIONS BEGINNING ENDOWMENT BALANCE AS OF JULY 1, 2018 UNDER FASB WAS $251,336,606. THE CHANGE IN ACCOUNTING PRINCIPLE RESULTED IN A RESTATED GASB BALANCE OF $209,236,634. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | RegionTxt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Specific Services Provided | N/A | SpecificServicesProvidedTxt |
| Region Total Expenditures | $59,286,916 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $59,286,916 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $59,286,916 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (31 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| HERBERT WERTHEIM COLLEGE OF MEDICINE | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $3,971,304 | UNIVERSITY/STUDENT ASSISTANCE |
| COLLEGE OF BUSINESS ADMINISTRATION | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,594,308 | UNIVERSITY/STUDENT ASSISTANCE |
| WOLFSONIAN MUSEUM | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $727,863 | UNIVERSITY/STUDENT ASSISTANCE |
| COLLEGE OF ARTS SCIENCES & EDUCATION | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $2,375,970 | UNIVERSITY/STUDENT ASSISTANCE |
| UNIVERSITY BUILDING PROGRAM | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,438,048 | UNIVERSITY/STUDENT ASSISTANCE |
| ATHLETICS FUND - GOLDEN PANTHERS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,604,756 | UNIVERSITY/STUDENT ASSISTANCE |
| UNIVERSITY WIDE SCHOLARSHIPS & PROGRAMS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,218,572 | UNIVERSITY/STUDENT ASSISTANCE |
| CHAPLIN SCHOOL OF HOSPITALITY & TOURISM MANAGEMENT | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,832,538 | UNIVERSITY/STUDENT ASSISTANCE |
| COLLEGE OF ENGINEERING & COMPUTING | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,480,050 | UNIVERSITY/STUDENT ASSISTANCE |
| NICOLE WERTHEIM COLLEGE OF NURSING & HEALTH SCIENCES | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,130,518 | UNIVERSITY/STUDENT ASSISTANCE |
| FROST ART MUSEUM | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $147,169 | UNIVERSITY/STUDENT ASSISTANCE |
| COLLEGE OF COMMUNICATION ARCHITECTURE & THE ARTS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,433,111 | UNIVERSITY/STUDENT ASSISTANCE |
| COLLEGE OF LAW | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $343,828 | UNIVERSITY/STUDENT ASSISTANCE |
| OFFICE OF ENGAGEMENT | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $423,327 | UNIVERSITY/STUDENT ASSISTANCE |
| ROBERT STEMPEL SCHOOL OF PUBLIC HEALTH & SOCIAL WORK | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $1,077,506 | UNIVERSITY/STUDENT ASSISTANCE |
| ACADEMIC AFFAIRS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $2,179,109 | UNIVERSITY/STUDENT ASSISTANCE |
| SCHOOL OF COMPUTING & INFORMATION | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $416,029 | UNIVERSITY/STUDENT ASSISTANCE |
| HONORS COLLEGE | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $194,312 | UNIVERSITY/STUDENT ASSISTANCE |
| FIU LIBRARIES | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $27,010 | UNIVERSITY/STUDENT ASSISTANCE |
| STUDENT AFFAIRS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $251,880 | UNIVERSITY/STUDENT ASSISTANCE |
| EXTERNAL RELATIONS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $637 | UNIVERSITY/STUDENT ASSISTANCE |
| UNIVERSITY ADVANCEMENT | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $10,042 | UNIVERSITY/STUDENT ASSISTANCE |
| HUMAN RESOURCES | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $5,641 | UNIVERSITY/STUDENT ASSISTANCE |
| DIVISION OF RESEARCH | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $781,772 | UNIVERSITY/STUDENT ASSISTANCE |
| STEVEN J GREEN SCHOOL OF INTERNATIONAL & PUBLIC AFFAIRS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $693,121 | UNIVERSITY/STUDENT ASSISTANCE |
| STUDENT ACCESS & SUCCESS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $249,273 | UNIVERSITY/STUDENT ASSISTANCE |
| GOVERNMENT RELATIONS | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $10,811 | UNIVERSITY/STUDENT ASSISTANCE |
| PRESIDENT'S OFFICE | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $8,750 | UNIVERSITY/STUDENT ASSISTANCE |
| FIU ALUMNI ASSOCIATION | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $42,851 | UNIVERSITY/STUDENT ASSISTANCE |
| INSURANCE | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $64,117 | UNIVERSITY/STUDENT ASSISTANCE |
| UNIVERSITY COLLEGE | |||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | 115(1) | $2,500 | UNIVERSITY/STUDENT ASSISTANCE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 31 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL GRANT FUNDS ARE REVIEWED FOR COMPLIANCE WITH DONOR INTENT AND DISBURSED OR TRANSFERRED IN SUPPORT OF FLORIDA INTERNATIONAL UNIVERSITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KENNETH G FURTON | ||||||||||||||
| EX-OFFICIO | $0 | $485,305 | $0 | $0 | $0 | $0 | $0 | $37,152 | $0 | $9,465 | $0 | $531,922 | $0 | $0 |
| HOWARD R LIPMAN | ||||||||||||||
| CEO | $0 | $451,175 | $0 | $0 | $0 | $0 | $0 | $25,526 | $0 | $20,596 | $0 | $497,297 | $0 | $0 |
| YOLANGEL HERNANDEZ SUAREZ | ||||||||||||||
| DIRECTOR | $0 | $387,931 | $0 | $0 | $0 | $0 | $0 | $31,155 | $0 | $43 | $0 | $419,129 | $0 | $0 |
| DEANNE BUTCHEY | ||||||||||||||
| EX-OFFICIO | $0 | $277,406 | $0 | $0 | $0 | $0 | $0 | $17,231 | $0 | $18,627 | $0 | $313,264 | $0 | $0 |
| MELISSA HERNANDEZ | ||||||||||||||
| CAO | $0 | $180,201 | $0 | $0 | $0 | $0 | $0 | $15,360 | $0 | $8,658 | $0 | $204,219 | $0 | $0 |
| MILAGROS GARCIA-CHICA | ||||||||||||||
| ASST TREASURER | $0 | $157,440 | $0 | $0 | $0 | $0 | $0 | $13,431 | $0 | $18,627 | $0 | $189,498 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | EVERY EFFORT IS MADE TO OBTAIN THE MOST REASONABLE AIR FARE RATES. THE FOUNDATION WILL REIMBURSE CARRIER EXPENSES FOR COACH. BUSINESS CLASS TRAVEL OR ONE UPGRADE MAY BE REIMBURSED FOR THE UNIVERSITY PRESIDENT, VICE-PRESIDENT, AND DEANS ONLY IF THE TRAVEL TIME EXCEEDS 4 HOURS. IF ANY OTHER EMPLOYEE WISHES TO FLY BUSINESS CLASS FOR AN INTERNATIONAL TICKET EXCEEDING 4 HOURS, APPROVAL IS REQUIRED PRIOR TO TICKET PURCHASE FROM VICE-PRESIDENT. IF BUSINESS CLASS IS AVAILABLE, FIRST CLASS TRAVEL IS NOT REIMBURSABLE THROUGH THE FOUNDATION. |
| PART I, LINE 3 | THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES. HOWEVER, THE ORGANIZATION'S BOARD APPROVES THE BUDGET WHICH INCLUDES THE REIMBURSEMENT FOR A PORTION OF THE CEO'S SALARY. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 19 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,525,970 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. |
| PART I, LINE 32B: | THE FIU FOUNDATION HAS A GIFT CLEARING ACCOUNT AT JP MORGAN CHASE FOR THE ACCEPTANCE AND SALE OF GIFTS OF SECURITIES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TRISH BELL, DIRECTOR, AND DAN BELL, DIRECTOR HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | AN INITIAL DRAFT IS REVIEWED BY THE ASSISTANT VICE-PRESIDENT AND THE CHAIR OF THE AUDIT SUBCOMMITTEE FOR ACCURACY BEFORE FORM 990 IS FILED. THE APPROVED DRAFT FORM 990, WITH SCHEDULE B DONOR INFORMATION REDACTED, IS SUBSEQUENTLY SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH FOUNDATION BOARD AND COMMITTEE MEMBER HAS A CONTINUING OBLIGATION TO BE FAMILIAR WITH THE FLORIDA STATUTES REGARDING ETHICS AND CONFLICTS OF INTEREST AND THE TERMS OF THE POLICY; DISCLOSE TO THE FOUNDATION BOARD AND/OR COMMITTEE CHAIR ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT MIGHT REASONABLY GIVE RISE TO A CONFLICT INVOLVING THE FOUNDATION; AND ACKNOWLEDGE BY HIS OR HER EXECUTION OF THE "CONFLICT OF INTEREST DISCLOSURE FORM" THAT HE OR SHE IS IN COMPLIANCE WITH THE LETTER AND SPIRIT OF THIS POLICY AND APPLICABLE LAWS. BEGINNING EVERY FISCAL YEAR A FORM IS MAILED TO EVERY BOARD MEMBER FOR REVIEW AND UPDATE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION DOES NOT HAVE ANY EMPLOYESS AND DOES NOT PROVIDE ANY OFFICER, DIRECTOR, OR OTHER REPRESENTATIVE WITH ANY COMPENSATION. MEMBERS ARE COMPENSATED THROUGH FLORIDA INTERNATIONAL UNIVERSITY, A RELATED ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGES IN VALUE OF SPLIT-INTEREST -84,000. PROVISION FOR UNCOLLECTIBLE PROMISE -969,233. |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR. |
| DISCLOSURE OF ASSETS HELD ON BEHALF OF A RELATED ORGANIZATION: | FLORIDA INTERNATIONAL UNIVERSITY, (THE UNIVERSITY; EIN: 65-0177616), A RELATED ORGANIZATION, TRANSFERRED INVESTMENT FUNDS TO THE ORGANIZATION THAT ARE BEING HELD AS A TERM ENDOWMENT ON BEHALF OF THE UNIVERSITY. IN ACCORDANCE WITH GASB 84, THESE ASSETS ARE NOT REFLECTED ON THE ORGANIZATION'S FINANCIAL STATEMENTS, RATHER, THEY ARE REPORTED WITHIN THE STATEMENT OF FIDUCIARY NET POSITION. AS A RESULT, THEY HAVE NOT BEEN INCLUDED ON FORM 990, BUT ARE BEING REPORTED IN THIS SUPPLEMENTARY DISCLOSURE. AS OF JUNE 30, 2021 THE FAIR VALUE OF THE TERM ENDOWMENT HELD FOR THE UNIVERSITY WAS $12,759,008. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|
| FOUNDATION ENTERPRISE HOLDINGS I LLC | |||||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 272586968 | BENEFIT FOUNDATION | FL | $154,183 | $1,678,329 | N/A |
| FOUNDATION ENTERPRISE HOLDINGS II LLC | |||||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 461339057 | BENEFIT FOUNDATION | FL | $7,256 | $2,807,357 | N/A |
| FOUNDATION ENTERPRISE HOLDINGS V LLC | |||||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 822481503 | BENEFIT FOUNDATION | FL | $0 | $1,411,861 | N/A |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| FLORIDA INTERNATIONAL UNIVERSITY | ||||||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 650177616 | EDUCATION | FL | 115(1) | N/A | N/A | 0 |
| THE WOLFSONIAN INC | ||||||||||
| 11200 SW 8TH STREET | MIAMI | FL | 33199 | 592741851 | BENEFIT UNIVERSITY | FL | 501(C)(3) | LINE 7 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| FLORIDA INTERNATIONAL UNIVERSITY | ||
| B | $25,736,723 | CASH PAID |
| FLORIDA INTERNATIONAL UNIVERSITY | ||
| C | $9,700,747 | CASH RECEIVED |
| FLORIDA INTERNATIONAL UNIVERSITY | ||
| J | $1,988,971 | CASH RECEIVED |
| FLORIDA INTERNATIONAL UNIVERSITY | ||
| M | $80,650 | CASH RECEIVED |
| FLORIDA INTERNATIONAL UNIVERSITY | ||
| P | $4,309,546 | CASH PAID |