2026-05-13T08:51:02-05:00 2025-06-30 592922169 SALTMARSH CLEAVELAND AND GUND 900 NORTH 12TH AVENUE PENSACOLA FL 32501 990 2024-07-01 596166292 UNIVERSITY OF WEST FLORIDA FOUNDATION INC UNIV 8504743118 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 325145732 DANIEL LUCAS CHIEF FINANCIAL OFFICER 8504743880 2026-04-10 1 1 MOLLY MURPHY CPA P00985783 8504358300 2026-05-08 2024 2025-03-06 01:10:19Z DANIEL LUCAS 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 325145732 72095839 0 X WWW.UWF.EDU/FOUNDATION X 1965 FL SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF THE UNIVERSITY OF WEST FLORIDA. 24 18 0 0 4115 0 12816735 7683339 11031660 11776668 7115300 13489999 115513 99174 31079208 33049180 2899586 2951853 0 0 6073304 7571516 21429 23130 820516 15073512 14316195 24067831 24862694 7011377 8186486 193517207 201146574 34946555 31621872 158570652 169524702 X SOLICITING, RECEIVING, AND ADMINISTERING GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES ALL FOR THE ADVANCEMENT OF THE UNIVERSITY OF WEST FLORIDA (UWF). TO PROMOTE AND SUPPORT EDUCATION AND EDUCATION FACILITIES, INCLUDING HOUSING AT UWF. 0 0 11411513 12118631 STUDENT HOUSING PROGRAM - THE UWF DEPARTMENT OF HOUSING AND RESIDENCE LIFE PROVIDES HOUSING FOR APPROXIMATELY 11%, I.E., OVER 1,589 STUDENTS AND 66 STUDENT STAFF, OF THE UNIVERSITY'S STUDENT BODY OF 14,797. OCCUPANCY OF DORMS IS TO MEET STUDENTS' ON CAMPUS HOUSING NEEDS. IN ADDITION TO RESIDENTIAL SERVICES, HOUSING OFFERS OVER 208 EDUCATIONAL AND SOCIAL PROGRAMS DESIGNED TO ENHANCE THE STUDENTS' LEARNING ENVIRONMENT AS WELL AS ENRICH THE STUDENTS' COLLEGE EXPERIENCE. 2951853 2951853 STUDENT SCHOLARSHIP PROGRAM - THE UWF FOUNDATION AWARDED 2,857 SCHOLARSHIPS TO 1,513 UWF STUDENTS. THESE SCHOLARSHIPS HELPED TO ENSURE THOSE STUDENTS GAINED A HIGHER EDUCATION. ONE OF THE SCHOLARSHIPS PROMOTED DURING THE YEAR WAS THE FIRST GENERATION SCHOLARSHIP. THIS SCHOLARSHIP ENABLES STUDENTS, WHO ARE FIRST GENERATION IN THEIR FAMILY TO ATTEND COLLEGE, TO BE ABLE TO AFFORD COLLEGE TUITION. THE FOUNDATION AWARDED $339,327 OF FIRST GENERATION SCHOLARSHIPS DURING THE YEAR. 786538 EMINENT SCHOLARS AND PROFESSORSHIPS - THE UNIVERSITY HAD 3 DISTINGUISHED PROFESSORS LAST FISCAL YEAR. THESE PROFESSORSHIPS HELPED TO ADVANCE THE EDUCATIONAL MISSION OF THE UNIVERSITY BY HAVING DISTINGUISHED AND SPECIALIZED PROFESSORS TEACH STUDENTS. 6384627 ALL OTHER PROGRAMS: THE UWF FOUNDATION HAS AGENCY ACCOUNTS WHICH SUPPORT THE MISSION OF CERTAIN DEPARTMENTS AND COLLEGES WITHIN THE UNIVERSITY. THESE ACCOUNTS PRIMARILY CONSIST OF DONATED FUNDS TO HELP SUPPORT FACULTY SALARIES, STUDENT SCHOLARSHIPS, LEARNING ENVIRONMENTS, PROFESSIONAL DEVELOPMENT, AND LECTURES. 6384627 21534531 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 1 1 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 98 0 0 1 1 1 CJ 0 0 0 1 1 0 1 1 1 0 0 0 X 24 18 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AK AZ CA CO HI KY LA ME MD MA MI MN NH NJ NY OH OK OR SC UT WA WV WI VT X DANIEL LUCAS 8504743380 11000 UNIVERSITY PARKWAY BLDG 12 PENSACOLA FL 32514 GERALD ADCOX DIRECTOR 0.15 X 0 0 0 DICK BAKER FORMER BOT REP. 0.20 X 0 0 0 ALEX BELL DIRECTOR 0.40 X 0 0 0 CONNIE BOOKMAN DIRECTOR 0.20 X 0 0 0 DEE DEE DAVIS DIRECTOR 0.20 X 0 0 0 WHITNEY FIKE ALUMNI BOARD DIRECTOR 0.30 X 0 0 0 MEGAN FRY VICE CHAIR 0.60 X X 0 0 0 CHARLES GHEEN DIRECTOR 0.30 X 0 0 0 CAREY GRIFFIN SGA V.P. 0.10 X 0 0 0 AMBER GRIFFITH SECRETARY 0.35 X X 0 0 0 JAMES HOSMAN IMMEDIATE PAST CHAIR 0.30 X 0 0 0 DENIS MCKINNON DIRECTOR 0.55 X 0 0 0 RACHEL MOYA BOT REPRESENTATIVE 0.15 X 0 0 0 VICTORIA MULLET DIRECTOR 0.25 X 0 0 0 JOHN PORTER DIRECTOR 0.30 X 0 0 0 HONG POTOMSKI TREASURER 0.40 X X 0 0 0 CHRIS RONEY DIRECTOR 0.15 X 0 0 0 KATHY SANDSTROM DIRECTOR 0.15 X 0 0 0 JACOB SHIVLEY FACULTY SENATE V.P. 0.30 X 0 0 0 RODNEY SUTTON DIRECTOR 0.25 X 0 0 0 BRUCE VREDENBURG BOD CHAIR 0.80 X X 0 0 0 CYNDI WARREN DIRECTOR 0.10 X 0 0 0 JEFF WEEKS DIRECTOR 0.45 X 0 0 0 STEPHEN WRIGHT DIRECTOR 0.45 X 0 0 0 HOWARD REDDY FOUNDATION PRESIDENT 1.00 40.00 X 0 293457 103721 DANIEL LUCAS FOUNDATION CFO 1.00 40.00 X 0 201736 38784 EVA BUTTS FOUNDATION DIRECTOR 1.00 40.00 X 0 101483 19100 MARTHA SAUNDERS UWF PRESIDENT 0.25 39.75 X 0 672870 249207 JEREMY KUHL PROVOST 1.00 40.00 X 0 335705 51639 BETSY BOWERS VP FINANCE AND ADMIN. 1.00 40.00 X 0 318953 36634 EMAN EL-SHEIKH ASSOCIATE VP 1.00 40.00 X 0 305872 42455 KEVIN KREIGER PROFESSOR 1.00 40.00 X 0 332094 55814 0 2562170 597354 0 1 1 0 ABM INDUSTRY GROUPS LLC PO BOX 419860 BOSTON MA 02241 JANITORIAL SERVICES 713509 APOGEE A BOLDYN NETWORKS COMPANY PO BOX 735905 DALLAS TX 75373 IT NETWORK PROVIDER 441355 AIR DESIGN SYSTEM INC 400 EAST LURTON STREET PENSACOLA FL 32505 HEATING & AIR SERVICES 333906 BURT KERVIN PAINTING INC 9931 HARLINGTON ST CANTONMENT FL 32533 COMMERCIAL PAINTING SERVICES 265830 COMFORT SYSTEMS USA SOUTHEAST INC PO BOX 30529 PENSACOLA FL 32503 HEATING & AIR SERVICES 245989 15 7683339 710842 7683339 RENTAL INCOME - HOUSING 721310 11514803 11514803 RENTAL INCOME - OTHER 900099 261865 261865 11776668 2829393 335234 4115 2490044 46737265 2970000 37423362 1623297 9313903 1346703 10660606 6729 10653877 MISCELLANEOUS OTHER INCOME 900099 99174 99174 99174 33049180 12118631 4115 13243095 2951853 2951853 7571516 5278946 2020144 272426 133015 129907 3108 121581 19316 102265 127722 37722 90000 23130 23130 369697 6055 363642 416988 570647 -157059 3400 497585 414016 16062 67507 559674 350363 17213 192098 1552269 1544904 781 6584 712652 564881 23106 124665 188175 104700 3290 80185 986763 986763 3143620 3143620 220178 203044 17134 UNIVERSITY/STAFF SUPPOR 2426707 2426707 REPAIR/MAINTENANCE/SUPP 2421030 2421030 MISCELLANEOUS 225552 167070 7961 50521 HOUSING RELATED EXPENSE 144638 144638 68349 68349 24862694 21534531 2507647 820516 1725 1725 5571464 4583049 4784169 4550278 1116109 4066913 321357 337919 85699608 52684616 35501333 33014992 104622409 113898650 37846883 36841455 3751758 3851593 193517207 201146574 1383575 1204956 29054406 25790082 4508574 4626834 34946555 31621872 X 0 0 0 0 158570652 169524702 158570652 169524702 193517207 201146574 8186486 2767564 0 X 0 1 X 1 1 1 X 5924851 7341736 7777441 10401381 6972497 38417906 5924851 7341736 7777441 10401381 6972497 38417906 38417906 965056 1300262 2325849 2619839 2829393 10040399 48458305 0.79280 0.81670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127722 127722 24734972 24862694 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 120000 105000 120000 127722 472722 250000 250000 250000 250000 1000000 1500000 0 127150 0 108127993 2447949 11117745 -4017643 117676044 92870276 6217043 12918141 -3877467 108127993 86874886 1322346 8161633 -3488589 92870276 100513345 3503665 -13857657 -3284467 86874886 74635062 2897523 26069083 -3088323 100513345 0.01120 0.98880 0 0 2179483 2179483 81055161 52141265 28913896 620146 543351 76795 1844818 1844818 33014992 PRIVATE INVESTMENT FUNDS & PRIVATE 18716767 F REAL ESTATE INVESTMENT TRUSTS 3844891 F EXTERNAL INVESTMENT POOL 2163317 F COMMINGLED FUNDS 12116480 F 36841455 SPLIT INTEREST AGREEMENTS 3323573 DUE TO WEST FLORIDA HISTORIC TRUST, 1303261 4626834 X 37480091 2767564 1663347 4430911 33049180 0 33049180 26526041 1663347 1663347 24862694 0 24862694 PART III, LINE 1A: WORKS OF ART PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN INVESTMENT ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). 0 CENTRAL AMERICA AND CARIBBEAN INVESTMENT 17216767 CENTRAL AMERICA AND CARIBBEAN SCHOLARSHIPS 35805 EAST ASIA AND THE PACIFIC SCHOLARSHIPS 32950 EUROPE SCHOLARSHIPS 75017 SOUTH AMERICA SCHOLARSHIPS 59424 SUB-SAHARAN AFRICA SCHOLARSHIPS 8700 SOUTH ASIA SCHOLARSHIPS 7508 0 0 0 0 0 0 17436171 0 17436171 SCHOLARSHIPS - AT UNIVERSITY CENTRAL AMERICA/CARIBBEAN FUNDS ON DEPOSIT N/A SCHOLARSHIPS - AT UNIVERSITY EAST ASIA & PACIFIC FUNDS ON DEPOSIT N/A SCHOLARSHIPS - AT UNIVERSITY EUROPE FUNDS ON DEPOSIT N/A SCHOLARSHIPS - AT UNIVERSITY SUB-SAHARAN AFRICA FUNDS ON DEPOSIT N/A SCHOLARSHIPS - AT UNIVERSITY SOUTH AMERICA FUNDS ON DEPOSIT N/A SCHOLARSHIPS - AT UNIVERSITY SOUTH ASIA FUNDS ON DEPOSIT N/A 0 0 0 0 0 0 X X X X X X 1 CHARITABLE ADULT RIDES & SERVICES INC 4669 MURPHY CANYON RD STE 100 SAN DIEGO CA 92123 VEHICLE PROGRAM 1 37930 11288 26642 CARS FOR CHARITY 5000 QUITMAN ST DENVER CO 802122639 VEHICLE PROGRAM 1 6225 2490 3735 THE STELTER COMPANY PO BOX 5228 DES MOINES IA 503055228 PLANNED GIVING 0 0 6875 -6875 FREEWILL CO PO BOX 501051 INDIANAPOLIS IN 46250 PLANNED GIVING 0 0 10000 -10000 44155 30653 13502 AL AK AZ AR CA CO CT DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 0 SCHOLARSHIPS 1513 2951853 FAIR MARKET VALUE PART I, LINE 2 SCHOLARSHIPS ARE AWARDED BY THE FOUNDATION THROUGH THE UNIVERSTY OF WEST FLORIDA ("UWF"). UWF ADHERES TO ESTABLISHED DONOR, STATE AND FEDERAL GUIDELINES. UWF DIRECTS ALL SCHOLARSHIP PAYMENTS. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MARTHA SAUNDERS UWF PRESIDENT 0 507752 0 104131 0 60987 0 227164 0 22043 0 922077 0 0 HOWARD REDDY FOUNDATION PRESIDENT 0 257005 0 36452 0 0 0 81787 0 21934 0 397178 0 0 KEVIN KREIGER PROFESSOR 0 332094 0 0 0 0 0 35775 0 20039 0 387908 0 0 JEREMY KUHL PROVOST 0 294361 0 28600 0 12744 0 29699 0 21940 0 387344 0 0 BETSY BOWERS VP FINANCE AND ADMIN. 0 264440 0 41342 0 13171 0 26740 0 9894 0 355587 0 0 EMAN EL-SHEIKH ASSOCIATE VP 0 305872 0 0 0 0 0 22416 0 20039 0 348327 0 0 DANIEL LUCAS FOUNDATION CFO 0 179975 0 5000 0 16761 0 18745 0 20039 0 240520 0 0 A UNIVERSITY OF WEST FLORIDA FOUNDATION INC SERIES 2016A 596166292 915241AX1 2016-12-14 28994560 REFUND SERIES 2009 CONSTRUCTION BOND AND SERIES 2011 DORMATORY REVENUE BONDS 1 0 0 B UNIVERISTY OF WEST FLORIDA FOUNDATION INC SERIES 2016B 596166292 000000000 2016-12-14 8635000 EXCHANGE FOR THE ESC. COUNTY HOUSING FINANCE AUTHORITY 2016 DORM. REV. BONDS 0 0 0 C UNIVERSITY OF WEST FLORIDA FOUNDATION INC SERIES 2016C 596166292 000000000 2016-12-14 13683345 EXCHANGE FOR THE ESC. COUNTY HOUSING FINANCE AUTHORITY 2015 DORM. REV. BONDS 0 0 0 A 28994560 29702310 292250 1 1 1 1 B 8635000 0 0 1 1 C 13683345 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 SCHEDULE K SUPPLENTAL INFORMATION DURING FISCAL YEAR 2017, THE FOUNDATION PUBLICALLY ISSUED ADVANCED REFUNDING REVENUE BONDS (SERIES 2016A) OF $28,000,000 TO DEFEASE THE SERIES 2009 AND 2011 OUTSTANDING HOUSING REVENUE BONDS FOR THE PURPOSE OF CONSOLIDATION AND TO ACHIEVE DEBT SERVICE COVERAGE SAVINGS. ADDITIONALLY, ESCAMBIA COUNTY HOUSING FINANCE AUTHORITY WAS REMOVED AS A SPONSOR. THE FOUNDATION HAS PLACED THE PROCEEDS FROM THE REFUNDING IN IRREVOCABLE ESCROW ACCOUNTS WITH TRUST AGENT TO ENSURE PAYMENT OF DEBT SERVICE OF THE REFUNDED BONDS. SIMULTANEOUS WITH THE ISSUE OF THE SERIES 2016A, THE SERIES 2010 AND 2015 BONDS WERE REISSUED BY PRIVATE PLACEMENT TO THE EXISTING HOLDERS UNDER SERIES 2016B AND SERIES 2016C, RESPECTIVELY. THE TERMS REMAIN SUBSTANTIALLY THE SAME WITH THE EXCEPTION OF REMOVAL OF ESCAMBIA COUNTY HOUSING FINANCE AUTHORITY AS SPONSOR. X 47 44155 IMMEDIATE SALE-3RD PARTY X 43 653687 SALE, PRICE AVERAGING X PROGRAM SUPPORT 4 13000 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: SCHEDULE M, LINE 32B: THE FOUNDATION CONTRACTS WITH CHARITABLE ADULT RIDES & SERVICES ("CARS") TO OPERATE ITS VEHICLE & LAND DONATION PROGRAM. CARS ACTS AS FOUNDATION'S AUTHORIZED AGENT TO ACCEPT DONATED VEHICLES & LAND AND SUBSEQUENTLY SELL THEM AT DEALERS, WHOLESALERS OR AT AUCTIONS. SUBSEQUENT TO THE SALE OF THE VEHCILE(S) OR LAND, CARS REMITS TO THE FOUNDATION PROCEEDS LESS APPLICABLE COMMISSIONS. SCHEDULE M, LINE 25: PROGRAM SUPPORT REPRESENTS NON-CASH CONTRIBUTIONS OF EQUIPMENT, MATERIALS AND OTHER ITEMS DONATED TO VARIOUS UNIVERSITY DEPARTMENTS. A MARKET VALUE OF $1,000 PER GIFT IS ASSIGNED IF THE PERCEIVED VALUE IS GREATER THAN $1,000 BUT LESS THAN $10,000, SINCE THE COST OF APPRAISAL OF OUTSIDE VALUATION WOULD EXCEED THE BENEFIT OF THE DONATION. SCHEDULE M, LINES 1 THROUGH 28: THE NUMBER OF ITEMS RECEIVED ARE REPORTED IN LINES 6, 9, AND 25. THE VALUE OF THE CONTRIBUTIONS RECEIVED ARE REPORTED IN LINES 6, 9 AND 25. FORM 990, PART VI, SECTION A, LINE 7B BOARD OF GOVERNORS MUST APPROVE THE FOUNDATION BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CPA IN CONSULTATION WITH CFO AND FOUNDATION STAFF. AFTER IMPLEMENTING COMMENTS AND SUGGESTIONS, THE CPA PREPARES THE FORM 990 FOR FILING. A COPY OF FORM 990 IS AVAILABLE UPON REQUEST AND DISTRIBUTED TO BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD MEMBER RECEIVES A CONFLICT OF INTEREST QUESTIONNAIRE. ALL BOARD MEMBERS ARE REQUIRED TO FILL OUT AND SIGN THE QUESTIONNAIRE. BOARD MEMBERS OR OFFICERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST SHALL REFRAIN FROM CONSIDERATION OF PROPOSED TRANSACTIONS, UNLESS FOR SPECIAL REASONS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION. PERSONS WITH CONFLICTS SHALL NOT VOTE OR PARTICIPATE IN DISCUSSION. ANY PROPOSED TRANSACTION IN WHICH A CONFLICT OF INTEREST HAS BEEN DECLARED OR FOUND TO EXIST MUST BE APPROVED BY A MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD OR THE APPROPRIATE COMMITTEE OF THE BOARD AFTER DISCLOSURE OF THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY OF WEST FLORIDA'S BOARD OF TRUSTEES DETERMINES AND APPROVES ALL COMPENSATION. THE DETERMINATION INCLUDES CONSIDERING COMPENSATION RELATIVE TO THE MARKET LEVEL FOR THE JOB. CONSIDERATION MAY BE GIVEN TO SUBSTANTIAL, DIRECTLY RELATED EXPERIENCE AND COMPARABLE INTERNAL SALARIES, WHICH MAY INCLUDE FACTORS SUCH AS JOB PERFORMANCE AND LEVEL OF RESPONSIBILITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. UNIVERSITY OF WEST FLORIDA 11000 UNIVERSITY PARKWAY PENSACOLA FL 32514 592976783 HIGHER EDUCATION FL 115(1) N/A N/A 0 WEST FLORIDA HISTORIC TRUST INC 120 CHURCH STREET PENSACOLA FL 32501 237009319 HISTORIC PRESERVATION FL 501(C)(3) 170(B)(1)(A)(IV) N/A 0 UWF BUSINESS ENTERPRISES INC 11000 UNIVERSITY PARKWAY BUILDING 1 PENSACOLA FL 32514 320367342 HIGHER ED DEVELOPMENT FL 501(C)(3) 170(B)(1)(A)(V) N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 WEST FLORIDA HISTORIC TRUST INC (INVESTMENT HELD BY THE UNIVERSITY) R 1303261 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (CASH BALANCES HELD BY THE UNIVERSITY) S 790833 FMV UNIVERSITY OF WEST FLORIDA (SALARIES) O 1148171 FMV UNIVERSITY OF WEST FLORIDA (SCHOLARSHIPS & OTHER SUPPORT) P 7041907 FMV UNIVERSITY OF WEST FLORIDA (FUNDRAISING) L 820516 FMV