UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC (EIN 59-0879015)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-14
IRS object ID: 201431349349303568
Schema version: 2012v2.3
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 G
Schedule I
Schedule J
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-14T11:23:26-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	55 IVAN ALLEN BLVD SUITE 1000	AddressLine1
City	ATLANTA	City
State	GA	State
ZIP Code	30308	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	590879015	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	University of South Florida Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% ROBERT FISCHMAN	InCareOfName
Name Control	UNIV	NameControl
Phone	8139741801	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4202 East Fowler Avenue	AddressLine1
Address Line2	Suite ALC 100	AddressLine2
City	Tampa	City
State	FL	State
ZIP Code	33620	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERT FISCHMAN	Name
Title	CFO	Title
Date Signed	2014-05-14	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	4048748300	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Joel Momberg	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	4202 East Fowler Ave ALC 100	AddressLine1
City	Tampa	City
State	FL	State
ZIP Code	33620	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	312231701	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	http://giving.usf.edu/	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1960	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	To accept, invest and distribute private gifts in support of the university of south florida.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	46	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	37	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	725	TotalNbrVolunteers
Total Gross UBI	-23964	TotalGrossUBI
Net Unrelated Business Txbl Income	-65889	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	53054677	ContributionsGrantsPriorYear
Contributions Grants Current Year	63109022	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1243225	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1641292	ProgramServiceRevenueCY
Investment Income Prior Year	21695515	InvestmentIncomePriorYear
Investment Income Current Year	24543626	InvestmentIncomeCurrentYear
Other Revenue Prior Year	4534715	OtherRevenuePriorYear
Other Revenue Current Year	4570822	OtherRevenueCurrentYear
Total Revenue Prior Year	80528132	TotalRevenuePriorYear
Total Revenue Current Year	93864762	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	66030514	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	69648466	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	612299	SalariesEtcPriorYear
Salaries Etc Current Year	1215773	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	445147	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	521983	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	2975396	TotalFundrsngExpCurrentYear
Other Expense Prior Year	10768309	OtherExpensePriorYear
Other Expenses Current Year	9688479	OtherExpensesCurrentYear
Total Expenses Prior Year	77856269	TotalExpensesPriorYear
Total Expenses Current Year	81074701	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2671863	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	12790061	RevenuesLessExpensesCY
Total Assets BOY	494819223	TotalAssetsBOY
Total Assets EOY	531448953	TotalAssetsEOY
Total Liabilities BOY	33573013	TotalLiabilitiesBOY
Total Liabilities EOY	30934084	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	461246210	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	500514869	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE FOUNDATION SERVES AS THE OFFICIAL LEGAL CONDUIT FOR THE ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF PRIVATE GIFTS IN SUPPORT OF THE ACTIVITIES AND PROGRAMS OF THE UNIVERSITY OF SOUTH FLORIDA WHICH INCLUDES THE COLLEGES, CAMPUSES, HEALTH, ATHLETICS, AND OTHER APPROPRIATE UNIVERSITY-RELATED UNITS. SUPPORT IS GIVEN TO USF BY PROVIDING FUNDING FOR THE ENDOWED CHAIRS, GRANTS, AND STUDENT SCHOLARSHIPS AMONG OTHER ACTIVITIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	71546909	Expense
Grants	69648466	Grants
Revenue	5910413	Revenue
Description	The Foundation serves as the official legal conduit for the acceptance, investment, and distribution of private gifts in support of the activities and programs of the University of South Florida which includes the Colleges, Campuses, Health, Athletics, and other appropriate University-related units. Support is given to USF by providing funding for the endowed chairs, grants, and student scholarships among other activities.	Description
Total Program Service Expense	71546909	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	true	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	true	MoreThan5000KToOrganizations
More Than5000 K To Individuals	true	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	186	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	true	ForeignFinancialAccount
Name Of Foreign Country	AS	NameOfForeignCountry
Name Of Foreign Country	BE	NameOfForeignCountry
Name Of Foreign Country	BR	NameOfForeignCountry
Name Of Foreign Country	CA	NameOfForeignCountry
Name Of Foreign Country	GM	NameOfForeignCountry
Name Of Foreign Country	SN	NameOfForeignCountry
Name Of Foreign Country	UK	NameOfForeignCountry
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	true	Form8282PropertyDisposedOf
Number Of8282 Filed	1	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form1098 C Filed	true	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	46	NbrVotingGoverningBodyMembers
Number Independent Voting Members	37	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ROBERT FISCHMAN	NamePerson
Telephone Number	8139741801	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4202 E FOWLER AVE	AddressLine1
City	Tampa	City
State	FL	State
ZIP Code	33620	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (56 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Gordon L Gillette
Chairman	5.0	X	X
Linda O Simmons
Vice Chairman	5.0	X	X
Alan C Bomstein
Treasurer	5.0	X	X
Oscar J Horton
Assistant TREASURER	5.0	X	X
Joe P Teague
SECRETARY	5.0	X	X
George Morgan
Board Member	1.0	X
Leslie M Muma
Board Member	1.0	X
Stephanie Holmquist-Johnson
Board Member	1.0	X
Don A Aripoli
Board Member	1.0	X
Charles R Baumann
Board Member	1.0	X
Franklin N Biggins
Board Member	1.0	X
Shaukat H Chowdhari
Board Member	1.0	X
Cornelia G Corbett
Board Member	1.0	X
TJ Couch
Board Member	1.0	X
Mark Fernandez
Board Member	1.0	X
Keri A Gawrych
Board Member	1.0	X
Judy L Genshaft
President, USF	5.0	X		35.0	0	535077	26995
Herbert Gimelstob
Board Member	1.0	X
Richard Gonzmart
Board Member	1.0	X
John C Greer
Board Member	1.0	X
Pam Iorio
Board Member	1.0	X
Karen Tilman-Gosselin
Board Member	1.0	X
Tina P Johnson
Board Member	1.0	X
Brian P Keenan
Board Member	1.0	X
Thomas R Kennedy
Board Member	1.0	X
Victor P Leavengood
Board Member	1.0	X
Ann Liguori
Board Member	1.0	X
John Long
COO & SVP USF	5.0	X		35.0	0	248599	17040
Linda D Marcelli
Board Member	1.0	X
Ray E Newton
Board Member	1.0	X
Betty Otter-Nickerson
Board Member	1.0	X
Carole F Philipson
Board Member	1.0	X
Frank J Rief III
Board Member	1.0	X
Paul R Sanberg
VP Research & Innovation	5.0	X		35.0		450374	37000
Nancy M Schneid
Board Member	1.0	X
Geoffrey A Simon
Board Member	1.0	X
John T Sinnott
Assoc Dean, College Medicine	5.0	X		35.0	0	132862	19554
Richard Smith
Board Member	1.0	X
Charles F Touchton
Board Member	1.0	X
David Touchton
Board Member / USF Lakeland	5.0	X			0	137045	10571
Ralph C Wilcox
Exec VP & Provost, USF	5.0	X		35.0	0	360498	28582
Jose Valiente
Board Member	1.0	X
Joel Momberg
SR VP, Univ Adv & CEO USFF	40.0	X	X		0	537627	35957
Kimberly Choto-Schmidt
Board Member	1.0	X
Tod Leiweke
Board Member	1.0	X
Valerie Riddle
Board Member	1.0	X
Robert Fischman
Assoc VP, Bus & Fin, USFF CFO	40.0		X		0	171730	24530
Noreen E Segrest
Assoc VP, Adv & USFF Counsel	40.0		X		0	191614	25700
Steven Blair
AVP of USF Health, USFF	40.0				2384	212353	27134	X
Rodney Grabowski
Sr AVP & Campaign Dir, USFF	40.0				0	230906	28024	X
Deborah Lee Williams
AVP, USFF	40.0				0	193362	25535	X
Julie Gillespie
AVP Gifts, USFF	40.0				0	136391	19463		X
Vicki Mitchell
AVP Athletics, USFF	40.0				0	134939	12611		X
Ron Sherman
Dir of Development	40.0				0	106759	17978		X
Kelly Ritrievi
Sr. Director Gift Plan, USFF	40.0				0	116658	13933		X
Ruth Bannhard
Dir of Develop Gifts, USFF	40.0				0	103201	18185		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	2384	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	3999995	TotalReportableCompFrmRltdOrgs
Total Other Compensation	388792	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	true	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
National Public Radio Inc
PO Box 79540	BALTIMORE	MD	21279	Programming Fees	742117
INTO USA LLC
28650 Via D Arezzo Drive	BONITA SPRINGS	FL	34135	Recruiting Fees	294814
Ruffalo Cody Associates
PO Box 3018	CEDAR RAPIDS	IA	52406	Fundraising Expense	311690
Public Broadcasting Service
14400 Collections Center Drive	CHICAGO	IL	60693	NATL PROGRAMMING SRV	205187
American Public Media
P O Box 64623	FARGO	ND	58106	Programming fees	166555

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	7	NumberOfContractorsGT100K
Info In Schedule O Part VIII	X	InfoInScheduleOPartVIII
Fundraising Events	580990	FundraisingEvents
All Other Contributions	62528032	AllOtherContributions
Noncash Contributions	29620748	NoncashContributions
Total Contributions	63109022	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
PUBLIC BROADCASTING SPONSORSHIPS	515111	1550697	1550697
RENTAL INCOME	531110	46378	4150	42228
MEMBERSHIP DUES	813410	44217	44217

Field	Value	IRS element (for citing)
Total Program Service Revenue	1641292	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	9825774	TotalRevenueColumn
Unrelated Business Revenue	-66192	UnrelatedBusinessRevenue
Exclusion	$9,891,966	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	232569998	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	217852146	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	14717852	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	14717852	TotalRevenueColumn
Exclusion	$14,717,852	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	816494	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	580990	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	514793	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	301701	TotalRevenueColumn
Exclusion	$301,701	ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RELATED ORGANIZATION SUPPORT	900099	3683269	3683269
ATHLETIC 80/20 REVENUE	713990	308437	308437
ALL OTHER REVENUE	900099	277415	277415

Field	Value	IRS element (for citing)
Total Other Revenue	4269121	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	93864762	TotalRevenueColumn
Related Or Exempt Function Income	5868185	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	-23964	UnrelatedBusinessRevenue
Exclusion	$24,911,519	ExclusionAmount

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	X	InfoInScheduleOPartIX

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	69516398	Total
Program Services	69516398	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	132068	Total
Program Services	132068	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1215773	Total
Program Services	559347	ProgramServices
Management And General	309177	ManagementAndGeneral
Fundraising	347249	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	0	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	24524	Total
Management And General	24524	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	126700	Total
Management And General	126700	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	425351	Total
Management And General	425351	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	521983	Total
Fundraising	521983	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	3183268	Total
Management And General	3183268	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	108246	Total
Fundraising	108246	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	344058	Total
Management And General	135080	ManagementAndGeneral
Fundraising	208978	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	324063	Total
Management And General	107833	ManagementAndGeneral
Fundraising	216230	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	96284	Total
Management And General	50349	ManagementAndGeneral
Fundraising	45935	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	21997	Total
Program Services	21995	ProgramServices
Management And General	2	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	72526	Total
Management And General	72526	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	FundraisingFundraising	Program ServicesProgramServices
EMPLOYEE LEASING EXPENSE	2851780	1496778	1355002
BAD DEBT EXPENSE	1317101			1317101
INVESTMENT EXPENSES	332768	332768
COMMUNITY RELATIONS	256721	89171	167550

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	203092	Total
Management And General	198869	ManagementAndGeneral
Fundraising	4223	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	81074701	Total
Program Services	71546909	ProgramServices
Management And General	6552396	ManagementAndGeneral
Fundraising	2975396	Fundraising

Field	Value	IRS element (for citing)
Info In Schedule O Part X	X	InfoInScheduleOPartX

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	990844	BOY
EOY	1564011	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	42363528	BOY
EOY	47783737	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	414870	BOY
EOY	592328	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2130600	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	947651	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1204946	BOY
EOY	1182949	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	381428598	BOY
EOY	406901483	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	64689577	BOY
EOY	69178353	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3726860	BOY
EOY	4246092	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	494819223	BOY
EOY	531448953	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	8656647	BOY
EOY	9071293	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	6189142	BOY
EOY	583074	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	18727224	BOY
EOY	21279717	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	33573013	BOY
EOY	30934084	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2468723	BOY
EOY	13694485	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	144342132	BOY
EOY	160644183	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	314435355	BOY
EOY	326176201	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	461246210	BOY
EOY	500514869	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	494819223	BOY
EOY	531448953	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	12790061	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	26478598	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	42379683	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	37270262	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	76547593	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	53054677	CurrentTaxYearMinus1Year
Current Tax Year	63109022	CurrentTaxYear
Total	272361237	Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

Field	Value	IRS element (for citing)
Total	0	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	300000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	300000	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	300000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	300000	CurrentTaxYearMinus1Year
Current Tax Year	300000	CurrentTaxYear
Total	1500000	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	42679683	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	37570262	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	76847593	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	53354677	CurrentTaxYearMinus1Year
Current Tax Year	63409022	CurrentTaxYear
Total	273861237	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	85772975	AmountsSubstContributorsTotal
Public Support Total170	188088262	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	11531119	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	12607182	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11818429	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9823960	CurrentTaxYearMinus1Year
Current Tax Year	9891966	CurrentTaxYear
Total	55672656	Total

Net UBI NetUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	99526	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	99526	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5008387	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6760688	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	5743528	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5401209	CurrentTaxYearMinus1Year
Current Tax Year	5085615	CurrentTaxYear
Total	27999427	Total

Field	Value	IRS element (for citing)
Total Support	357632846	TotalSupport
Gross Receipts From Admissions Etc	7333245	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.52593	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.58854	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbying
Total Direct Lobbying		TotalDirectLobbying
Total Lobbying Expenditures		TotalLobbyingExpenditures
Other Exempt Purpose Expenditures		OtherExemptPurposeExpenditures
Total Exempt Purpose Expenditures		TotalExemptPurposeExpenditures
Lobbying Nontaxable		LobbyingNontaxableAmount
Grassroots Nontaxable		GrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	true	DirectContactLegislators
Direct Contact Legislators	$425,351	DirectContactLegislatorsAmount
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	false	OtherActivities
Total Lobbying Expenditures IIB	425351	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Explanation for other lobbying activities	Identifier
Return Reference	Schedule C, Part II-B, line G	ReturnReference
Explanation	$9,251 was expended in general support of the University of South Florida Office of Government Relations during the 2012-2013 Florida State legislative session. A fee of $416,100 including expenses was paid to management consultant firms. All monies were expended to support the interests of the University of South Florida; no monies were paid in support of or in opposition to any candidate for political office.	Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Revenues Included	510347	RevenuesIncluded
Assets In Part X	3203084	AssetsInPartX

Field	Value	IRS element (for citing)
Held Works Of Art Amts		HeldWorksOfArtAmts
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Collect Used For Loan Or Exch Prgrms	X	CollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	357302326	BeginningOfYearBalance
Contributions	9292525	Contributions
Investment Earnings Or Losses	48198002	InvestmentEarningsOrLosses
Grants Or Scholarships	14995947	GrantsOrScholarships
Other Expenditures	1089647	OtherExpenditures
Administrative Expenses	7034609	AdministrativeExpenses
End Of Year Balance	391672650	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	371063605	BeginningOfYearBalance
Contributions	8774042	Contributions
Investment Earnings Or Losses	34004	InvestmentEarningsOrLosses
Grants Or Scholarships	15321160	GrantsOrScholarships
Other Expenditures	0	OtherExpenditures
Administrative Expenses	7248165	AdministrativeExpenses
End Of Year Balance	357302326	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	313232785	BeginningOfYearBalance
Contributions	8439335	Contributions
Investment Earnings Or Losses	72955589	InvestmentEarningsOrLosses
Grants Or Scholarships	15325783	GrantsOrScholarships
Other Expenditures	1069321	OtherExpenditures
Administrative Expenses	7169000	AdministrativeExpenses
End Of Year Balance	371063605	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	287137931	BeginningOfYearBalance
Contributions	8273844	Contributions
Investment Earnings Or Losses	40339187	InvestmentEarningsOrLosses
Grants Or Scholarships	15421137	GrantsOrScholarships
Other Expenditures	0	OtherExpenditures
Administrative Expenses	7097040	AdministrativeExpenses
End Of Year Balance	313232785	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	379527648	BeginningOfYearBalance
Contributions	11931482	Contributions
Investment Earnings Or Losses	-73531956	InvestmentEarningsOrLosses
Grants Or Scholarships	17550782	GrantsOrScholarships
Other Expenditures	6281457	OtherExpenditures
Administrative Expenses	6957004	AdministrativeExpenses
End Of Year Balance	287137931	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.02280	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.97720	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	685345	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	388825	OtherCostOrOtherBasis
Book Value	1074170	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	633036	OtherCostOrOtherBasis
Depreciation	527529	Depreciation
Book Value	105507	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	283576	OtherCostOrOtherBasis
Depreciation	280304	Depreciation
Book Value	3272	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	139818	OtherCostOrOtherBasis
Depreciation	139818	Depreciation

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1182949	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (5 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
ADAMS STREET PARTNERS, LLC	28736677	F
OAKTREE CAPITAL MGMT., LLC	18162089	F
COMMONFUND CAPITAL, INC.	10396236	F
METROPOLITAN REAL EST MGMT LLC	6834547	F
FLAG CAPITAL MANAGEMENT, LLC	5048804	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	69178353	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
AMOUNTS DUE TO THIRD PARTY BNF	$20,850,550
ANNUITIES AND LIFE INCME TRSTS	$429,167

Field	Value	IRS element (for citing)
Total Of Amounts	21279717	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	116827322	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	26478598	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	26478598	RevenueNotRptdF990
Revenue Subtotal	90348724	RevenueSubtotal
Investment Expenses Not Included	3516038	InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt	3516038	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	93864762	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	77558663	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	77558663	ExpensesSubtotal
Investment Expenses Not Included2	3516038	InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt	3516038	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	81074701	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Description of Books and Art Objects	Schedule D, Part III, Line 1A and Line 4	It is the concerted mission of the University of South Florida Contemporary Art Museum to achieve a bold, creative environment for the enrichment and intellectual growth of students, faculty of the University (on the Tampa and regional campuses), the Tampa Bay community and beyond. The Contemporary Art Museum provides opportunities for innovative and experimental teaching and research. The Contemporary Art Museum will expand, house, manage, preserve, conserve, and exhibit the University's art collections. The Contemporary Art Museum initiates and develops interdisciplinary programs in keeping with its mission. The Contemporary Art Museum provides the leadership for public art projects and major acquisitions of art on the USF campuses and catalogues, manages, and oversees their care and preservation. The USF Contemporary Art Museum maintains and manages a permanent collection of contemporary art. As the legal conduit for the raising, acceptance, investment and distribution of all private gifts made to the University of South Florida, donations of works to the Contemporary Art Museum permanent collection are the fiduciary responsibility of the University of South Florida Foundation.
Intended uses of endowment funds	Schedule D, Part V, Line 4	The Foundation endowment consists of approximately 900 individual funds established for a variety of purposes in support of the mission of the University of South Florida including: scholarships, fellowships, endowed chairs, professorships, facility improvement and equipment, research, etc. The endowment includes both donor-restricted endowment funds and funds held on behalf of the Universitys Direct Support Organizations (DSO) to function as endowments. Net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. The Foundation classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time of the accumulation is added to the fund. The remaining portion of the donor-restricted endowment fund that is not classified in permanently restricted net assets is classified as temporarily restricted net assets until those amounts are appropriated for expenditure by the organization in a manner consistent with the standard of prudence prescribed by the Florida Uniform Management of Institutional Funds Act. The Foundation has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain purchasing power of the endowment assets.
ASC 740 Footnote	Schedule D, Part X, line 2	The Foundation has been granted tax-exempt status under Section 501(a) as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. Income earned in furtherance of the Foundations tax-exempt purposes is exempt from federal and state income taxes. The Foundation adopted the provisions of the Accounting Standards Codification No. 740-10-25 (ASC 750-10-25), Accounting for Uncertainty in Income Taxes, effective July 1, 2007. ASC 740-10-25 clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. ASC 740-10-25 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Foundation determined that during the years ended June 30, 2013 and 2012, the impact of ASC 740-10-25 did not have a material effect on its financial position, activities, or cash flows.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	true	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (12 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures	Number Of EmployeesNumberOfEmployees
North America	Program Services	See Sch F, Part V	6315
Central America and the Caribbean	Program Services	See Sch F, Part V	3419
East Asia and the Pacific	Program Services	See Sch F, Part V	19138
Europe (Including Iceland and Greenland)	Program Services	See Sch F, Part V	78115	1
Middle East and North Africa	Program Services	See Sch F, Part V	3593
South America	Program Services	See Sch F, Part V	4000
South Asia	Program Services	See Sch F, Part V	157376	1
Sub-Saharan Africa	Program Services	See Sch F, Part V	14437
North America	Investments		220229
East Asia and the Pacific	Investments		332912
Europe (Including Iceland and Greenland)	Investments		595712
South America	Investments		89255

Field	Value	IRS element (for citing)
Subtotal Number Of Employees	2	SubtotalNumberOfEmployees
Total Number Of Employees	2	TotalNumberOfEmployees
Subtotal Amount Spent	1524501	SubtotalAmountSpent
Total Amount Spent	1524501	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

Field	Value	IRS element (for citing)
Region	South Asia	Region
Purpose Of Grant	See Schedule F, Part V	PurposeOfGrant
Amount Of Cash Grant	103371	AmountOfCashGrant
Manner Of Cash Disbursement	WIRETRANSFER	MannerOfCashDisbursement

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	0	TotalNumberOf501c3Orgs
Total Number Of Other Orgs	1	TotalNumberOfOtherOrgs

Grants To Ind Outside US GrantsToIndOutsideUS

Field	Value	IRS element (for citing)
Type Of Assistance	See Schedule F, Part V	TypeOfAssistance
Region	Europe (Including Iceland and Greenland)	Region
Number Of Recipients	1	NumberOfRecipients
Amount Of Cash Grant	28697	AmountOfCashGrant
Manner Of Cash Disbursement	WIRETRANSFER	MannerOfCashDisbursement

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	true	OwnForeignCorp
Passive Foreign Invest Co	true	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Organization's Procedures for Monitoring Use of Grant Funds Outside the US	Schedule F, Part I, Line 2	Foundation foreign program expenses consisted of two types. The first is travel expenses incurred by University employees for program service activities conducted outside of the United States. The Foundation's process for monitoring these expenses includes coding these types of expenses appropriately through the normal check disbursement process. The second relates to the USF BRIT program. The Foundation maintains a contract with a UK citizen living outside of the US to function as the London administrator of the University of South Florida British International Theatre (BRIT) program. The administrator is paid a fee for identifying and engaging artists for the program. To expedite the process of contracting guest artists from the United Kingdom, the Foundation also provides advanced funding to the administrator. The Foundation receives a financial report with supporting documentation (receipts) for all expenditures within ninety (90) days of the conclusion of the BRIT program annual event. Any difference will be returned to the Foundation or paid to the administrator as appropriate.
Description of program services	Schedule F, Part I, Line 7(E) and Part II (d)	Sannam S4 delivers consulting services to support USF in achieving its international outreach with a particular focus on brand building, identification of strategic partners for research, teaching, collaborations and student exchange in India.
Description of program services	Schedule F, Part I, Line 4(E) and Part III (A)	The USF BRIT Program strives to bring the best of both classical and contemporary approaches of British Theatre to the students in the USF School of Theatre and Dance and to audiences in Tampa, Florida. Expenses are incurred in Europe to locate and engage professional directors and choreographers, leading voice and speech experts and top rate designers. These experts have brought their knowledge and experience in British classical theatre and contemporary cutting edge theatre to the students at USF in the form of hands on master classes and workshops. Program service expenses were also incurred for various travel related expenses. These expenses were incurred to support related educational, research, and service activities of USF in accordance with the mission of the Foundation.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Field	Value	IRS element (for citing)
Name Of Individual	Ruffalo Cody and Associates	NameOfIndividual

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO Box 3018	AddressLine1
City	Cedar Rapids	City
State	IA	State
ZIP Code	52406	ZIPCode

Field	Value	IRS element (for citing)
Activity	Annual Giving	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	605724	GrossReceipts
Amount Retained By Contractor	521983	AmountRetainedByContractor
Net To Organization	83741	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	605724	TotalGrossReceipts
Total Retained By Contractors	521983	TotalRetainedByContractors
Total Net To Organization	83741	TotalNetToOrganization
Licensed States	AL	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	MS	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MT	LicensedStates
Licensed States	NE	LicensedStates
Licensed States	NV	LicensedStates
Licensed States	NM	LicensedStates
Licensed States	NC	LicensedStates
Licensed States	ND	LicensedStates
Licensed States	PA	LicensedStates
Licensed States	RI	LicensedStates
Licensed States	SD	LicensedStates
Licensed States	TN	LicensedStates
Licensed States	TX	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	VA	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	WY	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Acct Cirlce	NameOfEvent1
Gross Receipts Event1	183381	GrossReceiptsEvent1
Charitable Contributions Event1	30100	CharitableContributionsEvent1
Gross Revenue Event1	153281	GrossRevenueEvent1
Food And Beverage Event1	35909	FoodAndBeverageEvent1
Other Direct Expenses Event1	16683	OtherDirectExpensesEvent1
Name Of Event2	Bull Fest	NameOfEvent2
Gross Receipts Event2	201823	GrossReceiptsEvent2
Charitable Contributions Event2	22250	CharitableContributionsEvent2
Gross Revenue Event2	179573	GrossRevenueEvent2
Other Direct Expenses Event2	39178	OtherDirectExpensesEvent2
Total Number Of Other Events	79	TotalNumberOfOtherEvents
Gross Receipts Other Events	1012280	GrossReceiptsOtherEvents
Charitable Contrib Other Events	528640	CharitableContribOtherEvents
Gross Revenue Other Events	483640	GrossRevenueOtherEvents
Rent Facility Costs Other Events	34903	RentFacilityCostsOtherEvents
Food And Beverage Other Events	261654	FoodAndBeverageOtherEvents
Entertainment Other Events	53424	EntertainmentOtherEvents
Other Direct Expenses Other Events	73042	OtherDirectExpensesOtherEvents
Gross Receipts Total	1397484	GrossReceiptsTotal
Charitable Contributions Total	580990	CharitableContributionsTotal
Gross Revenue Total Events	816494	GrossRevenueTotalEvents
Rent Facility Costs Total Events	34903	RentFacilityCostsTotalEvents
Food And Beverage Total Events	297563	FoodAndBeverageTotalEvents
Entertainment Total Events	53424	EntertainmentTotalEvents
Other Direct Expenses Total Events	128903	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	514793	DirectExpenseSummaryEvents
Net Income Summary	301701	NetIncomeSummary

Form990 Schedule G Part IV Form990ScheduleGPartIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Distinguishing Pymts for Prof. Fundraising Services from Exp Pymt or Reimb	Schedule G, Part I, Col v	The Foundation has contracted with a telemarketing service provider, Ruffalo Cody, in order to manage a year-round, on campus telephone fundraising program. Payments are made based on this contract, and its agreed upon annual completed call rate. The Foundation has the right to terminate this agreement at any time and any reason upon sixty days written notice to the other party.
Fundraising Activities	Schedule G, Part II	Form 990 reporting requires contributions from fundraising events be reported on Line 1, Part VIII; therefore, Line 2, Part II, Schedule G subtracts contributions from fundraising receipts. This results in a Gain of $301,701 from the fundraising events on Line 11, Schedule G with the $580,990 of contributions reflected on Line 1, Part VIII.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
University of South Florida
4202 E Fowler Ave	Tampa	FL	33620	593102112	Govrmnt Entity	68825098	Academic & Student Support
Alumni Association
4202 E Fowler Ave	Tampa	FL	33620	237357236	501(C)(3)	691300	Alumni Program Support

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	2	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Description of Organization's Procedures for Monitoring the Use of Grants	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	GRANT EXPENSES ARE AMOUNTS TRANSFERRED DIRECTLY TO OR PAID ON BEHALF OF THE UNIVERSITY OR THE USF ALUMNI ASSOCIATION IN ACCORDANCE WITH DONOR RESTRICTIONS. ALL EXPENSES RELATED TO THE USE OF THESE FUNDS ARE REVIEWED BY THE FOUNDATION BEFORE THEY ARE DISBURSED TO ENSURE THAT THE EXPENSES ARE BEING USED IN CONJUNCTION WITH FOUNDATION POLICIES MADE AVAILABLE TO THE UNIVERSITY THROUGH A PUBLIC WEBSITE. ALSO, THE FOUNDATION HOLDS PERIODIC TRAININGS IN ORDER TO FURTHER ENSURE THAT EXPENDITURES ARE IN ACCORDANCE WITH THEIR DONOR-IMPOSED PURPOSES AND IRS REGULATIONS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Judy L Genshaft
President, USF	0	464049	0	0	0	71028	0	14180	0	12815	0	562072	0	0
John Long
COO & SVP USF	0	247579	0	0	0	1020	0	16885	0	155	0	265639	0	0
Paul R Sanberg
VP Research & Innovation		376774		71980		1620		24185		12815		487374		0
John T Sinnott
Assoc Dean, College Medicine	0	131422	0	0	0	1440	0	6739	0	12815	0	152416	0	0
Ralph C Wilcox
Exec VP & Provost, USF	0	349616	0	0	0	10882	0	15767	0	12815	0	389080	0	0
Joel Momberg
SR VP, Univ Adv & CEO USFF	0	527030	0	0	0	10597	0	21342	0	14615	0	573584	0	0
Robert Fischman
Assoc VP, Bus & Fin, USFF CFO	0	170710	0	0	0	1020	0	11715	0	12815	0	196260	0	0
Noreen E Segrest
Assoc VP, Adv & USFF Counsel	0	183944	0	0	0	7670	0	12885	0	12815	0	217314	0	0
Steven Blair
AVP of USF Health, USFF	0	202117	0	0	2384	10236	0	14319	0	12815	2384	239487	0	0
Rodney Grabowski
Sr AVP & Campaign Dir, USFF	0	221249	0	0	0	9657	0	15209	0	12815	0	258930	0	0
Deborah Lee Williams
AVP, USFF	0	183570	0	0	0	9792	0	12720	0	12815	0	218897	0	0
Julie Gillespie
AVP Gifts, USFF	0	128771	0	0	0	7620	0	6648	0	12815	0	155854	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Supplemental Compensation Information	Schedule J	Employees of the University perform operating functions for the Foundation. The University tracks, administers, and reports all payroll and fringe benefit costs. The Foundation transfers funds to the University for these costs. The amount funded by the Foundation to the University was approximately $3,508,000 for the year ended June 30, 2013.
Supplemental Compensation Information	Schedule J, Line 1A	The Foundation paid for first-class or charter travel for the following employee listed on Part VII: * Judy L. Genshaft, President, University of South Florida The first-class or charter travel expenses incurred were for a bona fide business purpose and thus not included in the taxable compensation of this individual. The Foundation paid travel expenses for the spouses of the following employees listed on Part VII: * Joel Momberg, Sr. Vice President, University Advancement and CEO, USF Foundation * Rodney Grabowski, Sr. Associate Vice President & Campaign Director, University Advancement. The travel expenses incurred by the employees spouses were for a bona fide business purpose and thus not included in the taxable compensation of these individuals. The Foundation paid social club dues or initiation fees, specifically for fundraising purposes for the following individuals listed on Part VII: * Joel Momberg, Sr. Vice President, University Advancement and CEO, USF Foundation * Judy L. Genshaft, President, University of South Florida * Ralph C. Wilcox, Executive VP and Provost, University of South Florida * Steve Blair, Associate Vice President, USF Health Development * Rodney Grabowski, Sr. Associate Vice President & Campaign Director, University Advancement * Deborah Lee Williams, Associate Vice President, Constituent Development The full amount of these payments is included in the individuals taxable compensation.
Supplemental Compensation Information	Schedule J, Part II, Line B(iii)	Included in other reportable compensation for Steve Blair is $2,384 in unrelated compensation from USF College of Medicine Academic Support Fund. This compensation was a reimbursement for insurance related expenses.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
SUNTRUST BANK
SEE PART V	36736	BANK SERVICES	false
TECO ENERGY FOUNDATION
SEE PART V	161469	PAYMENT FOR SUITE USE	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	Business Transactions Involving Interested Persons	Identifier
Return Reference	Schedule L, Part IV	ReturnReference
Explanation	Keri A. Gawrych is an Executive Vice President for SunTrust Bank. Ms. Gawrych also serves as a member of the USF Foundation Board of Directors. SunTrust bank provides the USF Foundation with banking and trust services costing $25,725 and $11,011 respectively in fiscal year 2013. The Foundation selects its provider through a request for proposal process every 5 -7 years or as the needs of the Foundation change. This relationship was negotiated at arm's length through the normal course of business. Gordon L. Gillette is President of Tampa Electric & Peoples Gas (TECO). Mr. Gillette also serves as Chairman on the USF Foundation Board of Directors. The Foundation paid $161,469 to TECO Energy Foundation, Inc. for use of its suite in Raymond James Stadium during USF football home games. The suite was used for donor cultivation and stewardship. CONFLICTS OF INTEREST PROCEDURES WERE FOLLOWED IN ALL BOARD ACTIONS REGARDING THESE MATTERS.	Explanation

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	4	NumberOfContributions
Noncash Contribs Rptd F990	19000	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of Experts	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	28064	NoncashContribsRptdF990
Method Of Determining Revenues	Sale Comparable Prpt	MethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	4079	NoncashContribsRptdF990
Method Of Determining Revenues	Sale Comparable Prpt	MethodOfDeterminingRevenues

Cars And Other Vehicles CarsAndOtherVehicles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	19750	NoncashContribsRptdF990
Method Of Determining Revenues	Cost / Selling Price	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Boats And Planes		BoatsAndPlanes
Intellectual Property		IntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	2	NumberOfContributions
Noncash Contribs Rptd F990	86920	NoncashContribsRptdF990
Method Of Determining Revenues	Cost / Selling Price	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential

Real Estate Commercial RealEstateCommercial

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	2	NumberOfContributions
Noncash Contribs Rptd F990	600000	NoncashContribsRptdF990
Method Of Determining Revenues	Cost / Selling Price	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Real Estate Other		RealEstateOther

Collectibles Collectibles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	3	NumberOfContributions
Noncash Contribs Rptd F990	89685	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of Experts	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens

Archaeological Artifacts ArchaeologicalArtifacts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	2	NumberOfContributions
Noncash Contribs Rptd F990	5001	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of Experts	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	Miscellaneous	17	71347	Sale Comparable Prpt
X	Construction materials	3	31566	Cost / Selling Price
X	Office supplies & Equipment	9	940212	Cost / Selling Price
X	Information technology	11	27725124	Cost / Selling Price

Field	Value	IRS element (for citing)
Number Of8283 Received	6	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	Use of third-party to sell non cash contributions	Identifier
Return Reference	Schedule M, Line 32b	ReturnReference
Explanation	The Foundation uses a third party auctioneer service to sell donated items that it does not intend to keep in its permanent collection (like jewelry), or have an internal use for (like a vehicle). After the auctioneer finds a wiling buyer, the Foundation receives the proceeds of these transactions minus a service fee. The USF Foundation utilizes Charitable Auto Resources (CARS) as a service provider for the facilitation of the WUSF Public Broadcasting division of the University of South Florida vehicle donation program. CARS acts as an authorized agent to process donated vehicles and provides written substantiation of donations to donors including appropriate tax forms. CARS retains a portion of the net vehicle donation program proceeds and distributes the remainder to the USF Foundation to benefit WUSF public broadcasting.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EMPLOYEE COMPENSATION REPORTING	FORM 990, PARTS IV AND VIII-X	AS REPORTED ON FORM 990, PART I, LINE 5, THE UNIVERSITY OF SOUTH FLORIDA FOUNDATION ("FOUNDATION") DOES NOT HAVE EMPLOYEES. HOWEVER, USFF SHARES THE COST OF PERSONNEL, SERVICES, FACILITIES, AND EXPENSES WITH THE UNIVERSITY OF SOUTH FLORIDA ("UNIVERSITY"), A RELATED ORGANIZATION. THE COSTS OF THESE SERVICES ARE ALLOCATED TO USFF ON VARIOUS LINES OF PARTS VIII-X OF THIS RETURN.
DESCRIPTION OF CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PART VI, LINE 6	THE FOUNDATION IS ESTABLISHED PURSUANT TO SECTION 1004.28 FLORIDA STATUTES, AS A DIRECT-SUPPORT ORGANIZATION OF THE UNIVERSITY OF SOUTH FLORIDA. THE GENERAL NATURE OF THE FOUNDATION IS TO PROVIDE PHILANTHROPIC SUPPORT; IN THE FORM OF MONEY AND OTHER FORMS OF PROPERTY AND SERVICES TO THE UNIVERSITY OF SOUTH FLORIDA SYSTEM ("UNIVERSITY SYSTEM") AND PERSONS, ASSOCIATIONS AND CORPORATIONS ASSOCIATED THEREWITH; TO PROMOTE EDUCATION AND OTHER RELATED ACTIVITIES OF THE UNIVERSITY SYSTEM; AND TO ENCOURAGE RESEARCH, LEARNING AND DISSEMINATION OF INFORMATION. THE FOUNDATION IS AUTHORIZED TO ACT AS THE FIDUCIARY AGENT ON BEHALF OF THE UNIVERSITY SYSTEM FOR THE RECEIPT, MANAGEMENT, AND DISTRIBUTION OF ALL PRIVATE GIFTS MADE TO OR FOR THE BENEFIT OF THE UNIVERSITY SYSTEM. THE ROLE OF THE FOUNDATION BOARD SPECIFICALLY INCLUDES ENCOURAGING PHILANTHROPIC SUPPORT OF UNIVERSITY PRIORITIES; APPROVAL OF POLICY; OVERSIGHT OF FINANCIAL MANAGEMENT; PARTICIPATION IN LONG-RANGE STRATEGIC PLANNING; PROVIDING VOLUNTEER LEADERSHIP FOR THE UNIVERSITY SYSTEM'S FUNDRAISING EFFORTS; AND SERVING IN AN ADVISORY CAPACITY TO THE UNIVERSITY SYSTEM PRESIDENT. THE MEMBERS OF THE FOUNDATION SHALL BE THE FOUNDATION BOARD, COMPRISED OF THE VOTING MEMBERS, INCLUDING ELECTED AND DESIGNATED MEMBERS; AND THE NON-VOTING MEMBERS, INCLUDING CAMPUS EXECUTIVE OFFICERS, EMERITUS MEMBERS AND OTHER INDIVIDUALS ELECTED PURSUANT TO ARTICLE II, SECTION 2(B). THE FOUNDATION SHALL BE MANAGED BY AND UNDER THE DIRECTION OF THE FOUNDATION BOARD, AND BY OFFICERS AND COMMITTEES THEREOF, AS POWERS MAY BE DELEGATED TO SUCH OFFICERS AND COMMITTEES BY THESE BYLAWS OR BY RESOLUTION OF THE FOUNDATION BOARD. (A) VOTING MEMBERS. THE FOUNDATION BOARD SHALL BE COMPOSED OF AT LEAST TWENTY (20), BUT NOT MORE THAN FIFTY (50) ELECTED MEMBERS, ONE OF WHOM SHALL BE A FULL-TIME FACULTY MEMBER OR A DEAN OF THE UNIVERSITY SYSTEM. IN ADDITION, THE FOLLOWING WILL SERVE AS DESIGNATED MEMBERS OF THE FOUNDATION: (1) PRESIDENT OF THE UNIVERSITY SYSTEM. (2) PROVOST AND EXECUTIVE VICE PRESIDENT OF THE UNIVERSITY SYSTEM. (3) SR. VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT OF THE UNIVERSITY SYSTEM. (4) CHIEF OPERATING OFFICER OF THE UNIVERSITY SYSTEM. (5) PRESIDENT OF THE UNIVERSITY OF SOUTH FLORIDA ALUMNI ASSOCIATION. (6) PRESIDENT OF THE USF BULLS CLUB. PROVIDED, HOWEVER, THAT ANY PERSON HOLDING MORE THAN ONE OF THE ABOVE OFFICES SHALL HAVE ONLY ONE VOTE AS A MEMBER OF THE FOUNDATION BOARD. (B) NON-VOTING MEMBERS. (1) THE CAMPUS EXECUTIVE OFFICERS OF EACH REGIONAL CAMPUS OR INSTITUTION OF THE UNIVERSITY SYSTEM; (2) THE EMERITUS MEMBERS; (3) OTHER INDIVIDUALS MAY SERVE AS NON-VOTING MEMBERS. SUCH MEMBERS SHALL BE NOMINATED BY MAJORITY VOTE OF THE NOMINATING AND BOARD DEVELOPMENT COMMITTEE AND SHALL BE ELECTED BY MAJORITY VOTE OF THE FOUNDATION BOARD.
DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990	FORM 990, PART VI, LINE 11B	A COMPLETE DRAFT OF FORM 990, PREPARED INTERNALLY IN CONJUNCTION WITH OUTSIDE TAX ACCOUNTANTS AND REVIEWED BY UPPER MANAGEMENT IS MADE AVAILABLE ELECTRONICALLY TO ALL MEMBERS OF THE FOUNDATION BOARD FOR COMMENT AT LEAST ONE WEEK PRIOR TO FILING. THE AUDIT COMMITTEE OF THE BOARD PERFORMS A THOROUGH AND DETAILED REVIEW OF THE FORM 990 AND OTHER FEDERAL FORMS PRIOR TO REVIEW BY THE FULL BOARD AND PRIOR TO FILING. THE AUDIT COMMITTEE CONSISTS OF SIX (6) VOTING MEMBERS AND FIVE (5) NON-VOTING MEMBERS. NON-VOTING MEMBERS INCLUDE MEMBERS OF THE BOARD THAT SERVE AS MANAGEMENT OF THE FOUNDATION OR THE UNIVERSITY.
DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST	FORM 990, PART VI, LINE 12C	DUE TO THE VARIED INTERESTS AND BACKGROUNDS OF THE MEMBERS OF THE BOARD, SITUATIONS INVOLVING POSSIBLE CONFLICTS OF INTEREST MAY ARISE. IT IS THE RESPONSIBILITY OF THE MEMBERS OF THE BOARD TO GOVERN THE USF FOUNDATION'S AFFAIRS HONESTLY, EXERCISING DUE CARE, SKILL AND JUDGMENT FOR THE BENEFIT OF THE FOUNDATION. POTENTIAL OR APPARENT CONFLICTS OF INTEREST ARE DESCRIBED IN THE USF FOUNDATION CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICY. IF A CONFLICT OF INTEREST, IN FACT, EXISTS, THE BOARD MEMBER SHALL DISCLOSE THE POTENTIAL OR APPARENT CONFLICT OF INTEREST IN THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FOR BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES AND SHALL ABSTAIN FROM PARTICIPATION IN ANY VOTE OR DISCUSSION INVOLVING THE MATTER. THE USF FOUNDATION SENIOR DIRECTOR OF FOUNDATION BOARD RELATIONS IS RESPONSIBLE FOR THE ANNUAL DISTRIBUTION OF THE CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICY AND THE COLLECTION OF THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FOR BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE SENIOR DIRECTOR OF FOUNDATION BOARD RELATIONS REPORTS ANY DISCLOSURE OF POTENTIAL OR APPARENT CONFLICTS WITH THE USF FOUNDATION'S CHAIR, CHIEF EXECUTIVE OFFICER AND RELEVANT COMMITTEE CHAIRPERSON.
OFFICES & POSITIONS FOR COMPENSATION PROCESS USED & YEAR PROCESS WAS BEGUN	FORM 990, PART VI, LINE 15A AND 15B	THE USF FOUNDATION COMPENSATION COMMITTEE REVIEWED THE COMPENSATION PROVIDED BY THE USF FOUNDATION TO USF STAFF ALONG WITH MARKET SALARY DATA TO MAKE A DETERMINATION OF REASONABLENESS. THE STAFF SELECTED FOR REVIEW, AS REQUIRED BY THE INTERNAL REVENUE SERVICE, INCLUDED OFFICERS OR MEMBERS OF USF FOUNDATION BOARD WHO RECEIVE COMPENSATION FROM THE USF FOUNDATION, KEY EMPLOYEES AND HIGHEST PAID STAFF AND HAVE HAD CHANGES IN THEIR COMPENSATION SINCE THEIR REVIEW IN THE PRIOR YEAR. THE COMPENSATION COMMITTEE ALSO RECEIVED THE WRITTEN OPINION OF AN INDEPENDENT COMPENSATION CONSULTANT TO AID IN THE DETERMINATION OF REASONABLENESS. THIS COMPENSATION REVIEW IS UNDERTAKEN TO OBTAIN THE BENEFIT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE IRS RULES. THE COMPENSATION COMMITTEE MUST: * BE COMPOSED ENTIRELY OF INDIVIDUALS UNRELATED AND NOT SUBJECT TO THE CONTROL OF THE INDIVIDUAL'S WHOSE COMPENSATION IS BEING REVIEWED; * OBTAIN APPROPRIATE DATA AS TO THE COMPARABILITY OF SALARY; AND * DOCUMENT THE BASIS FOR ITS DETERMINATION THAT THE INDIVIDUAL'S COMPENSATION IS REASONABLE IN LIGHT OF THAT DATA. DURING THE DISCUSSION OF ANY INDIVIDUAL'S SALARY THAT INDIVIDUAL MUST LEAVE THE ROOM. THE COMMITTEE'S CONCLUSIONS ARE DOCUMENTED IN THE OFFICIAL MINUTES OF THE MEETING. THE COMPENSATION REVIEW OCCURS WHEN NEW HIRES ARE MADE TO KEY POSITIONS OR WHEN SALARY DATA IS SOLICITED FROM AN INDEPENDENT CONSULTANT FOR MARKET COMPARISONS WHICH MAY BE ANNUALLY OR BI-ANNUALLY. SALARY INFORMATION WAS REVIEWED IN MAY 2013 FOR THE FOLLOWING POSITIONS: BOARD MEMBERS PRESIDENT, UNIVERSITY OF SOUTH FLORIDA SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION ASSOCIATE VICE PRESIDENT, ADVANCEMENT SERVICES AND USF FOUNDATION COUNSEL ASSOCIATE VICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO KEY EMPLOYEES SR. ASSOCIATE VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CAMPAIGN DIRECTOR ASSOCIATE VICE PRESIDENT, CONSTITUENT DEVELOPMENT ASSOCIATE VICE PRESIDENT AND CHIEF DEVELOPMENT OFFICER, USF HEALTH DEVELOPMENT, ASSOCIATE VICE PRESIDENT AND EXECUTIVE DIRECTOR OF USF ALUMNI ASSOCIATION, DIRECTOR OF DEVELOPMENT/ASSOCIATE DIRECTOR, INTERCOLLEGEIATE ATHLETICS 5 HIGHEST PAID ASSISTANT VICE PRESIDENT OF DEVELOPMENT (PRINCIPAL GIFTS) ASSOCIATE DIRECTOR, INTERCOLLEGIATE ATHLETICS SR. DIRECTOR OF DEVELOPMENT, GIFT PLANNING SR. DIRECTOR OF DEVELOPMENT, ANNUAL GIVING SR. DIRECTOR OF DEVELOPMENT, ACADEMIC INITITATIVES DIRECTOR OF DEVELOPMENT, CONSTITUENT DEVELOPMENT/ALUMNI ASSOCIATION
AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC	FORM 990, PART VI, LINE 19	THE USF FOUNDATION POSTS ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), AUDITED FINANCIAL STATEMENTS FOR THE PRIOR THREE (3) FISCAL YEARS, INTERNAL REVENUE SERVICE DETERMINATION LETTER OF 501(C)(3) STATUS, MOST RECENTLY FILED INFORMATIONAL RETURN FORM 990, AND MOST RECENTLY FILED EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN FORM 990-T ON ITS WEBSITE (HTTP://GIVING.USF.EDU) FOR PUBLIC INSPECTION. THE FOUNDATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990, PART VII, COLUMN B	THE FOLLOWING INDIVIDUALS DEVOTED AN ESTIMATED AVERAGE HOURS PER WEEK TO A RELATED ORGANIZATION, THE UNIVERSITY OF SOUTH FLORIDA (USF): JUDY L. GENSHAFT 35 HOURS JOHN T. SINNOTT 35 HOURS RALPH C. WILCOX 35 HOURS JOHN LONG 35 HOURS PAUL R. SANBERG 35 HOURS FORM 990,PART VII, COLUMN B DIRECTORS ARE NOT COMPENSATED FOR SERVICES AS A DIRECTOR TO THE BOARD.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg
University of South Florida
4202 E Fowler Ave	Tampa	FL	33620	593102112	Education	FL	GOVT	N/A	NA	false
USF Alumni Association
4202 E Fowler Ave	Tampa	FL	33620	237357236	Alumni Relatn	FL	501(C)(3)	11d	NA	false

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	true	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	true	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	true	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	true	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	true	PerformOfServicesByOtherOrgs
Sharing Of Facilities	true	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	true	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg