2011-05-13T15:33:38-05:00 2010-06-30 MARCUM LLP ONE SE THIRD AVENUE 10TH FLOOR MIAMI FL 33131 990 2009-07-01 237047106 FLORIDA INT'L UNIV FOUNDATION INC FLOR 3053481961 11200 SW 8TH STREET MODESTO A MAIDIQUE CAMPUS MIAMI FL 33199 NOEL GUILLAMA-ALVAREZ 2011-05-13 true Donald Butler 3059959600 2009 2016-02-24 21:20:13Z NOEL J GUILLAMA-ALVAREZ 11200 SW 8TH STREET MIAMI FL 33199 116428523 false X http://FOUNDATION.FIU.EDU X 1969 FL TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF FIU AND ITS OBJECTIVES. 45 42 0 0 0 43780945 17004346 0 0 -9616370 5357963 1407514 1094265 35572089 23456574 10927999 9378431 0 0 0 0 178856 204896 372393 3579110 1584991 14685965 11168318 20886124 12288256 171551928 187635956 10586269 10940940 160965659 176695016 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. 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. false false 9391833 9378431 THE ORGANIZATION FUNDED SCHOLARSHIPS WHICH WERE GRANTED TO FLORIDA INTERNATIONAL UNIVERSITY AND WERE AWARDED BY THE UNIVERSITY FINANCIAL AID OFFICE TO THOSE STUDENTS HAVING ACADEMIC POTENTIAL, SPECIAL SKILLS OR ARE MINORITY STUDENTS. 9391833 true true false true false false false false false true false true false false false false false true false false false true false true false false false false false false false false true false false false true true false false false true 113 0 true 0 false false false false false false false false false 45 42 true false false false false false false true true false false true true true true true true false FL X AIME MARTINEZ 3053481961 11200 SW 8TH STREET - MARC 530 MIAMI FL 33199 X JOSEPH L CARUNCHO 1.0 X 0 0 0 NELSON L ADAMS III 1.0 X 0 0 0 MICHAEL M ADLER 1.0 X 0 0 0 DAVID F ALFONSO 1.0 X 0 0 0 ANTONIO ARGIZ 1.0 X 0 0 0 NICHOLAS G BUSTLE 1.0 X 0 0 0 CARLOS B CASTILLO 1.0 X 0 0 0 THOMAS CORNISH 1.0 X 0 0 0 KATHRYN G DINKIN 1.0 X 0 0 0 ALBERT E DOTSON SR 1.0 X 0 0 0 CARLOS DUART 1.0 X 0 0 0 RAMON FLORES 1.0 X 0 0 0 DANY GARCIA 1.0 X 0 0 0 JORGE J GONZALEZ 1.0 X 0 0 0 GERALD C GRANT JR 1.0 X 0 0 0 JOHN M HOGAN 1.0 X 0 0 0 MORRIS L HOLLANDER 1.0 X 0 0 0 PEGGY M HOLLANDER 1.0 X 0 0 0 JEFFREY L HORSTMYER 1.0 X 0 35751 6464 ROSA L JONES 1.0 X 0 244187 22295 S LAWRENCE KAHN III 1.0 X 0 0 0 CHRISTOPHER G KORGE 1.0 X 0 0 0 DONALD E LEFTON 1.0 X 0 0 0 RAY E MARCHMAN JR 1.0 X 0 0 0 MICHAEL R MENDEZ JR 1.0 X 0 0 0 ALBERT MORRISON JR 1.0 X 0 0 0 EILEEN MOSS 1.0 X 0 0 0 MARCEL NAVARRO 1.0 X 0 0 0 RAMIRO ORTIZ 1.0 X 0 0 0 LUIS E PEREZ 1.0 X 0 0 0 MARCOS A PEREZ 1.0 X 0 0 0 DAVID L PERLMAN 1.0 X 0 0 0 JUSTO L POZO 1.0 X 0 0 0 CAROLINA RENDEIRO 1.0 X 0 0 0 LAURIE RICHARDSON 1.0 X 0 144559 28242 CARLOS A SABATER 1.0 X 0 0 0 RONALD A SHUFFIELD 1.0 X 0 0 0 JOSE PEREZ DE CORCHO JR 1.0 X 0 0 0 MITCHELL WOLFSON JR 1.0 X 0 0 0 ISAAC ZELCER 1.0 X 0 0 0 SANFORD L ZIFF 1.0 X 0 0 0 JOSE ALDRICH 1.0 X 0 0 0 STEPHEN H BITTEL 1.0 X 0 0 0 R CHAD MOSS 1.0 X 0 0 0 ENRIQUE RAMOS 1.0 X 0 0 0 SHOLOM NEISTEIN 1.0 X 0 0 0 ADALIO T SANCHEZ 1.0 X 0 0 0 T GENE PRESCOTT 1.0 X 0 0 0 NOEL GUILLAMA-ALVAREZ 1.0 X 0 0 0 VERONICA CERVERA GOESEKE 1.0 X 0 0 0 RICHARD BRILLIANT 1.0 X 0 0 0 0 424497 57001 0 false true false AMERGENT INC 9 Centennial Drive PEABODY MA 01960 PROF. FUNDRAISING 204896 ARAMARK 1101 Market Street PHILADELPHIA PA 19107 CATERING 216851 2 615526 16388820 569303 17004346 0 2389330 2389330 0 181948 181948 1162899 732975 429924 429924 429924 95207607 92238974 2968633 2968633 2968633 0 0 0 ADMINISTRATIVE 359152 359152 OTHER INCOME 123241 123241 482393 23456574 482393 5969835 9378431 9378431 0 0 0 0 0 0 0 0 0 0 0 42738 42738 254900 254900 204896 204896 4867 4867 10851 10851 0 0 0 0 292505 292505 0 0 0 0 0 0 0 FIU PRESIDENT'S EXPENSE 509666 509666 BUSINESS OFFICE OPERATIONS 130556 130556 CAPITAL CAMPAIGN 144172 144172 ADVANCEMENT OPERATIONS 23325 23325 BANK AND INVESTMENT FEES 48708 48708 122703 13402 109301 11168318 9391833 1404092 372393 4699158 4432472 54103832 55456316 126793 115762 13331239 2557547 11100703 10773692 64649044 78293239 36369369 37533892 503029 1030583 171551928 187635956 814101 981361 230062 429774 9260000 9260000 282106 269805 10586269 10940940 X 14265892 14881305 4128312 10906029 142571455 150907682 160965659 176695016 171551928 187635956 X false true true X false X 18738649 11798031 29169400 43780945 17004346 120491371 18738649 11798031 29169400 43780945 17004346 120491371 120491371 3726767 1531653 3308486 4326523 3734177 16627606 1952137 2753313 53490 117671 482393 5359004 142477981 0.84568 0.84036 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 254900 false 254900 false 2500 2500 13080435 2554347 10526088 248304 3200 245104 10773692 CORPORATE BONDS 13564097 F LIMITED PARTNERSHIPS 23671290 F ACCRUED INCOME 298505 F 37533892 0 ANNUITIES PAYABLE 269805 269805 23456574 11168318 12288256 5617600 -2274276 3343324 15631580 29727149 5617600 748324 6365924 23361225 95349 95349 23456574 11919069 846100 846100 11072969 95349 95349 11168318 OTHER RECONCILING REVENUE ITEMS PART XII, LINE 2D PER THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS, TOTAL REVENUES ARE $29,727,149 OF WHICH $15,349 IS ATTRIBUTED TO THE WOLFSONIAN INC., A SUBSIDIARY ORGANIZATION OF FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION, INC. Rental EXPENSES Per the audited consolidated financial statements, depreciation AND INTEREST expense of $732,975, is reported as part of total expenses. However, the RENTAL expenseS relate to the rental of the property and for purposes of the Form 990, it is reported as rental expenses on Form 990, part VIII, line 6b. The total of the aforementioned items is $748,324 OTHER RECONCILING EXPENSE ITEMS SCHEDULE D, PART XIII, LINE 4B PER THE AUDITED FINANCIAL STATEMENTS PREPARED ON THE CONSOLIDATED LEVEL, TOTAL EXPENSES ARE $11,919,069 OF WHICH $113,125 IS ATTRIBUTED TO THE WOLFSONIAN INC., A SUBSIDIARY ORGANIZATION OF FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION, INC. Rental EXPENSES Per the audited consolidated financial statements, depreciation AND INTEREST expense of $732,975, is reported as part of total expenses. However, the RENTAL expenseS relate to the rental of the property and for purposes of the Form 990, it is reported as rental expenses on Form 990, part VIII, line 6b. The total of the aforementioned items is $846,100. OTHER ADJUSTMENTS SCHEDULE D, PART XI, LINE 8 PER THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS, TOTAL CHANGE IN NET ASSETS FOR THE YEAR THEN ENDED 06/30/2010 IS $15,631,580 OF WHICH ($97,776) IS ATTRIBUTED TO THE WOLFSONIAN INC., A SUBSIDIARY ORGANIZATION OF FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION, INC. ALSO INCLUDED IN OTHER ADJUSTMENTS IS THE PROVISION FOR UNCOLLECTIBLE PLEDGES OF ($2,176,500). The total of the aforementioned items is ($2,274,276). OTHER RECONCILING ITEMS SCHEDULE D, PART XII & XIII, LINE 4B PER THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS, AN ELIMINATING JOURNAL ENTRY WAS MADE BETWEEN THE FOUNDATION AND WOLFSONIAN INC., A SUBSIDIARY ORGANIZATION OF FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION, INC. FOR $95,349. SINCE WE FILE SEPERATE RETURNS FOR TAX PURPOSES WE MUST REVERSE THIS ENTRY. X X X X X X true AMERGENT INC SOLICITAT'N false 16388820 204896 0 16388820 204896 0 true FIU UNIVERSITY WIDE SCHOLARSHIPS AND PROGRAMS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 563430 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF ARTS AND SCIENCES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 472064 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF BUSINESS ADMINISTRATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1003416 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF EDUCATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 346025 N/A N/A UNIV/STUDENT ASSISTANCE FIU SCHOOL OF HOSPITALITY MANAGEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 451709 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF ENGINEERING 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1006429 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF ARCHITECTURE & THE ARTS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 112268 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF NURSING AND HEALTH SCIENCE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 458701 N/A N/A UNIV/STUDENT ASSISTANCE FIU SCHOOL OF JOURNALISM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 81736 N/A N/A UNIV/STUDENT ASSISTANCE FIU COLLEGE OF LAW 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 122559 N/A N/A UNIV/STUDENT ASSISTANCE FIU LIBRARIES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 15049 N/A N/A UNIV/STUDENT ASSISTANCE FIU HONORS COLLEGE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 37531 N/A N/A UNIV/STUDENT ASSISTANCE FIU ART MUSUEM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 222118 N/A N/A UNIV/STUDENT ASSISTANCE FIU ATHLETICS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 739019 N/A N/A UNIV/STUDENT ASSISTANCE FIU ACADEMIC AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 204413 N/A N/A UNIV/STUDENT ASSISTANCE FIU STUDENT AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 19265 N/A N/A UNIV/STUDENT ASSISTANCE FIU BUSINESS AND FINANCE DEPARTMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 7604 N/A N/A UNIV/STUDENT ASSISTANCE FIU ALUMNI ASSOCIATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 282035 N/A N/A UNIV/STUDENT ASSISTANCE FIU PRESIDENT'S OFFICE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 60072 N/A N/A UNIV/STUDENT ASSISTANCE FIU MEDICAL SCHOOL 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 565468 N/A N/A UNIV/STUDENT ASSISTANCE FIU WOLFSONIAN MUSEUM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 715505 N/A N/A UNIV/STUDENT ASSISTANCE FIU STEMPLE SCHOOL OF PUBLIC HEALTH 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 45267 N/A N/A UNIV/STUDENT ASSISTANCE FIU BUILDING FUND 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1826064 N/A N/A CHARITABLE PURPOSES FIU COLLEGE OF SOCIAL WORK JUSTICE & PUBLIC 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 20684 N/A N/A UNIV/STUDENT ASSISTANCE PROCEDURES FOR MONITORING THE USE OF GRANTS SCHEDULE I, PART I, LINE 2 ALL GRANT FUNDS ARE TRANSFERRED TO FLORIDA INTERNATIONAL UNIVERSITY AND ARE MONITORED AND DISBURSED BY THE OFFICE OF SPONSORED RESEARCH. false false false false false false false false false ROSA L JONES 0 244187 0 0 0 0 0 0 0 0 0 244187 0 187342 LAURIE RICHARDSON 0 144559 0 0 0 0 0 0 0 28242 0 172801 0 113979 X 5 569303 AVG PRICE false true false BUSINESS RELATIONSHIP FORM 990, PART VI, QUESTION 2 THE FOLLOWING OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES HAVE BUSINESS RELATIONSHIPS. Joseph Caruncho has a business relationship with Justo Pozo. Antonio Argiz has a business relationship with Albert Morrison. Christopher G. Korge has a business relationship with Michael Adler. 990 REVIEW BY ORGANIZATION PART VI, SECTION A, QUESTION 10 AN INITIAL DRAFT IS REVIEWED BY AN OFFICER FOR ACCURACY BEFORE THE FORM 990 IS FILED. THE APPROVED DRAFT OF THE FORM 990 IS SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. CONFLICT OF INTEREST POLICY PART VI, SECTION B, QUESTION 12 B-C 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 of every fiscal year a form is mailed to every Board Member for review and update. POLICIES PART VI, SECTION B, QUESTION 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES AND DOES NOT PROVIDE ANY OFFICER, DIRECTOR, OR OTHER REPRESENTATIVE WITH ANY COMPENSATION. MEMBERS ARE COMPENSATED THROUGH FLORIDA INTERNATIONAL UNIVERSITY, A RELATED ORGANIZATION. GOVERNING DOCUMENT AVAILABILITY PART VI, SECTION C, QUESTION 19 THE ORANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAIALBLE to the PUBLIC ON THEIR WEBSITE AND UPON REQUEST. THE FINANCIAL STATMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FOUNDATION ENTERPRISE HOLDINGS I LLC 11200 SW 8 STREET CSC 319 MIAMI FL 33199 272586968 BENEFIT FOUN. FL 0 0 NA FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 650177616 UNIVERSITY FL 115(1) N/A NA THE WOLFSONIAN INC MODESTO A MAIDIQUE CAMPUS - MARC 5 MIAMI FL 33199 592741851 BENEFIT UNIV. FL 501(C)(3) 7 NA false true false false false false false false false false false false false false false false false false FLORIDA INTERNATIONAL UNIVERSITY B 9378431