FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC

EIN 23-7047106 · Education (B110)

What they do

to ENCOURAGE, SOLICIT, RECEIVE and ADMINISTER GIFTS and BEQUESTS of PROPERTY and FUNDS for SCIENTIFIC, EDUCATIONAL and CHARITABLE PURPOSES, ALL for THE ADVANCEMENT of FLORIDA INTERNATIONAL UNIVERSITY and ITS OBJECTIVES (SEE SCHEDULE O for CONTINUATION). THE ORGANIZATION is GOVERNED BY A BOARD of DIRECTORS, WHOSE MEMBERS PLAY A SIGNIFICANT ROLE IN THE DEVELOPMENT of THE UNIVERSITY AS A MAJOR EDUCATIONAL, CULTURAL and ECONOMIC RESOURCE. THROUGH THE INVOLVEMENT of THE DIRECTORS and THEIR CONTRIBUTION of TIME, LEADERSHIP and FINANCIAL RESOURCES, THE MISSION of THE UNIVERSITY is ADVANCED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders53 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.24%of revenue went to mission work85.9% of expenses · Program services

9.91%of revenue went to fundraising9.8% of expenses

$101.62spent for every $100 of revenueSpending was higher than revenue this year.

4.46%of revenue went to management and office costs4.4% of expenses

$9.44in assets for every $1 spent this yearSome assets cannot be spent right away.

77.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $907,176 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $469,435 for KENNETH C HALL (CEO, AS OF 11/2024). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$56,013,371

Mission workProgram services$48,868,64287.24% of revenue85.9% of expenses

ManagementOffice and general costs$2,498,9224.46% of revenue4.4% of expenses

FundraisingAsking for donations$5,552,9839.91% of revenue9.8% of expenses

Total expenses$56,920,547101.62% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.9% mission · 4.4% management · 9.8% fundraisingTotal expenses: 101.62% of revenue

2023Expense mix: 85.4% mission · 4.6% management · 10.0% fundraisingTotal expenses: 111.39% of revenue

2022Expense mix: 78.6% mission · 5.7% management · 15.8% fundraisingTotal expenses: 117.35% of revenue

2021Expense mix: 75.5% mission · 9.2% management · 15.3% fundraisingTotal expenses: 108.52% of revenue

2020Expense mix: 62.6% mission · 15.2% management · 22.2% fundraisingTotal expenses: 27.80% of revenue

2019Expense mix: 81.7% mission · 6.1% management · 12.2% fundraisingTotal expenses: 77.78% of revenue

2018Expense mix: 76.6% mission · 5.4% management · 18.0% fundraisingTotal expenses: 95.25% of revenue

2017Expense mix: 76.2% mission · 7.6% management · 16.3% fundraisingTotal expenses: 100.33% of revenue

Money in and money out

Revenue$56,013,371

Expenses$56,920,547

Annual shortfall $907,176 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$48,868,642 · 85.9% of expenses

Management and office costs$2,498,922 · 4.4% of expenses

Fundraising$5,552,983 · 9.8% of expenses

See all reported dollar amounts

Revenue$56,013,371

Expenses$56,920,547

Assets$537,388,670

Income$168,121,455

Contributions$43,251,576

Mission work (program services)$48,868,642

Fundraising$5,552,983

Grants given$272,074,439

Average grant$1,711,160

Management and general$2,498,922

Stocks and bonds$174,718,413

Accounting fees$110,250

Investing fees$752,319

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KENNETH C HALLCEO, AS OF 11/2024 · 40 hrs/week $469,435Base $286,279 · Other $183,156

LINDA LEE MENAGECHIEF CAMPAIGN OFFICER/INTERIM CDO · 40 hrs/week $300,837Base $255,646 · Other $45,191

MELISSA HERNANDEZCAO UNTIL 06/30/2025 · 40 hrs/week $244,296Base $214,005 · Other $30,291

SHIVANI JOSHIINTERIM AVP, UNTIL 8/2024 · 40 hrs/week $140,077Base $108,091 · Other $31,986

CHRISTY MARTINEZASSISTANT VICE PRESIDENT, ADVANCEMENT OPERATIONS · 40 hrs/week $94,081Base $79,423 · Other $14,658

ELIZABETH M BEJAREX-OFFICIO/ FIU PROVOST · 1 hrs/week $72,054Base · Other $72,054

ADRIANNE N PERDOMOASST TREASURER · 40 hrs/week $57,331Base $16,663 · Other $40,668

MICHAEL MARTINEZSENIOR DIRECTOR INFO SYSTEMS & DATA INTELLIGENCE · 40 hrs/week $52,119Base $17,376 · Other $34,743

PABLO ORTIZFORMER OFFICER · 1 hrs/week $48,435Base · Other $48,435

SNEH GULATIEX-OFFICIO, AS OF 9/2023 · 1 hrs/week $37,985Base · Other $37,985

YOLANGEL HERNANDEZ SUAREZDIRECTOR · 1 hrs/week $28,425Base · Other $28,425

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (53)

KENNETH C HALLCEO, AS OF 11/2024

LINDA LEE MENAGECHIEF CAMPAIGN OFFICER/INTERIM CDO

MELISSA HERNANDEZCAO UNTIL 06/30/2025

SHIVANI JOSHIINTERIM AVP, UNTIL 8/2024

CHRISTY MARTINEZASSISTANT VICE PRESIDENT, ADVANCEMENT OPERATIONS

ELIZABETH M BEJAREX-OFFICIO/ FIU PROVOST

ADRIANNE N PERDOMOASST TREASURER

MICHAEL MARTINEZSENIOR DIRECTOR INFO SYSTEMS & DATA INTELLIGENCE

PABLO ORTIZFORMER OFFICER

SNEH GULATIEX-OFFICIO, AS OF 9/2023

YOLANGEL HERNANDEZ SUAREZDIRECTOR

SEAN GAZITUAEX-OFFICIO/FIU ALUMNI, AS OF 4/2024

CANDIDO J VIYELLADIRECTOR

NOEL J GUILLAMA-ALVAREZDIRECTOR

ORLANDO ROCHEDIRECTOR

ANDRE L TEIXEIRADIRECTOR

RAKESH AND RACHANEE SARNADIRECTOR

RICHARD BRILLIANTLONG-TERM STRATEGIC PLANNING CHAIR

RICHARD P TONKINSONDIRECTOR

ROBERT A BAER SRDIRECTOR

ROBERT M NAMOFFDIRECTOR, UNTIL 3/2024

SANTANA WAYEX-OFFICIO/FIU SGA, UNTIL 5/2024

CARLOS A SABATERDIRECTOR

SERGIO ABREU JREX-OFFICIO

ALBERT R TANOMEMBERSHIP & BOARD GOVERNANCE CHAIR

ALBERT LORENZODIRECTOR, AS OF 10/2023

STEWART A APPELROUTHAUDIT SUB-COMMITTEE CHAIR

T GENE PRESCOTTEX-OFFICIO

THOMAS C RAGANDIRECTOR

TINA M VIDAL-DUARTATHLETICS SUB-COMMITTEE CHAIR

WALTER B GONZALEZ JRDIRECTOR

ADALIO T SANCHEZCHAIRPERSON

JEFFREY L HORSTMYERDIRECTOR

DAVID ALMANSAEX-OFFICIO/FIU SGA, AS OF 5/2024

DAVID M ZINNFIU VENTURES SUB-COMMITTEE CHAIR

CLAUDIA PUIGDIRECTOR

ELLIOT N STONEREAL ESTATE SUB-COMMITTEE CHAIR

FRANCIS A HONDALDIRECTOR

GERALD C GRANT JRDEVELOPMENT MGMT CHAIR/VICE CHAIR

HUGO MANTILLADIRECTOR, AS OF 2/2024

HUMBERTO CABANASALUMNI CENTER STEERING COMM CHAIR

IRA D GILLERREAL ESTATE SUB-COMMITTEE VICE CHAIR

JAMES LOEWENHERZDIRECTOR

CRISTINA DI MAUROINVESTMENT SUB-COMMITTEE CHAIR

JILL M GRANATSECRETARY

JUAN CARLOS ALEXANDEREX-OFFICIO/FIU ALUMNI, UNTIL 4/2024

JUAN J MARTINEZFOUNDATION ENTERPRISE GROWTH VICE CHAIR

JUAN R FIGUEREOFOUNDATION ENTERPRISE GROWTH CHAIR

CARMEL J BARRAUDIRECTOR

LATESSA DOTSON HALLMEMBERSHIP & BOARD MGMT CO-VC

CARLOS A SOMOZADIRECTOR, AS OF 2/2024

MALCOLM BROWNDIRECTOR, AS OF 10/2023

MARCEL L NAVARROFINANCE COMMITTEE CHAIR/TREASURER

About this charity

Recognized since: January 1969
Location: 11200 SW 8TH ST MARC 531, MIAMI, FL 33199-2516
County: Miami-Dade
In care of: % MILAGROS GARCIA CHICA
Primary officer: ADALIO SANCHEZ, CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(305) 348-3758

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: JAMES MOORE & CO PL
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes