UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC

EIN 59-0879015 · Education (B110)

What they do

University of South Florida Foundation, Inc.s Mission is to Provide Charitable and Educational Aid to The University of South Florida; to Promote Education and Other Related Activities of The University; and to Encourage Research, Learning and Dissemination of Information In Which The University is Carrying On Activities.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.00 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 leaders58 people are listed in the latest report.

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

Money made simple

37.48%of revenue went to mission work87.0% of expenses · Program services

1.40%of revenue went to fundraising3.2% of expenses

$43.08spent for every $100 of revenueRevenue covered expenses this year.

4.21%of revenue went to management and office costs9.8% of expenses

$12.58in assets for every $1 spent this yearSome assets cannot be spent right away.

48.5%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.

Pay context: The highest compensation shown in this filing is $304,906 for RHEA LAW (PRESIDENT, UNIVERSITY OF SOUTH FLORIDA). 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$187,811,816

Mission workProgram services$70,388,94637.48% of revenue87.0% of expenses

ManagementOffice and general costs$7,900,8254.21% of revenue9.8% of expenses

FundraisingAsking for donations$2,621,2881.40% of revenue3.2% of expenses

Revenue left after expensesReported annual surplus$106,900,75756.92% of revenueShown in gray on the chart

Total expenses$80,911,05943.08% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 87.0% mission · 9.8% management · 3.2% fundraisingTotal expenses: 43.08% of revenue

2023Expense mix: 91.5% mission · 5.8% management · 2.7% fundraisingTotal expenses: 77.50% of revenue

2022Expense mix: 90.5% mission · 5.9% management · 3.6% fundraisingTotal expenses: 146.66% of revenue

2021Expense mix: 74.6% mission · 13.6% management · 11.9% fundraisingTotal expenses: 73.02% of revenue

2020Expense mix: 68.4% mission · 19.1% management · 12.5% fundraisingTotal expenses: 53.26% of revenue

2019Expense mix: 69.8% mission · 17.0% management · 13.2% fundraisingTotal expenses: 61.29% of revenue

2018Expense mix: 72.1% mission · 16.5% management · 11.4% fundraisingTotal expenses: 66.04% of revenue

2017Expense mix: 69.0% mission · 16.5% management · 14.5% fundraisingTotal expenses: 62.92% of revenue

Money in and money out

Revenue$187,811,816

Expenses$80,911,059

Annual surplus $106,900,757 Revenue was higher than expenses 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)$70,388,946 · 87.0% of expenses

Management and office costs$7,900,825 · 9.8% of expenses

Fundraising$2,621,288 · 3.2% of expenses

See all reported dollar amounts

Revenue$187,811,816

Expenses$80,911,059

Assets$1,017,746,815

Income$568,247,324

Contributions$91,026,418

Mission work (program services)$70,388,946

Fundraising$2,621,288

Grants given$479,087,083

Average grant$68,441,012

Management and general$7,900,825

Stocks and bonds$248,461,519

Accounting fees$262,682

Investing fees$5,042,868

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

RHEA LAWPRESIDENT, UNIVERSITY OF SOUTH FLORIDA · 5 hrs/week $304,906Base · Other $304,906

JAY STROMANSR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO · 40 hrs/week $98,747Base · Other $98,747

DR PRASANT MOHAPATRAUSF EXEC VP & PROVOST · 5 hrs/week $52,917Base · Other $52,917

JENNIFER MCAFEESENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT · 40 hrs/week $47,259Base · Other $47,259

CHRISTIAN HARDIGREEREGIONAL CHANCELLOR · 40 hrs/week $46,577Base · Other $46,577

JENNIFER CONDONUSF CFO · 5 hrs/week $41,968Base · Other $41,968

NOREEN SEGRESTVICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO · 40 hrs/week $38,755Base · Other $38,755

STEVE BLAIRPRINCIPAL GIFT OFFICER · 40 hrs/week $38,046Base · Other $38,046

ROB FISCHMANVICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDAT · 40 hrs/week $36,639Base · Other $36,639

KELLEY GIBSONSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT · 40 hrs/week $36,531Base · Other $36,531

ARTY GIALLOURAKISAVP HEALTH DEV & ALUMNI REL (THRU JUNE 2024)/PRINC · 40 hrs/week $35,575Base · Other $35,575

DR BRETT KEMKERINTERIM REGIONAL CHANCELLOR, USF SARASOTA-MANATEE · 40 hrs/week $35,404Base · Other $35,404

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 (58)

RHEA LAWPRESIDENT, UNIVERSITY OF SOUTH FLORIDA

JAY STROMANSR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO

DR PRASANT MOHAPATRAUSF EXEC VP & PROVOST

JENNIFER MCAFEESENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT

CHRISTIAN HARDIGREEREGIONAL CHANCELLOR

JENNIFER CONDONUSF CFO

NOREEN SEGRESTVICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO

STEVE BLAIRPRINCIPAL GIFT OFFICER

ROB FISCHMANVICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDAT

KELLEY GIBSONSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT

ARTY GIALLOURAKISAVP HEALTH DEV & ALUMNI REL (THRU JUNE 2024)/PRINC

DR BRETT KEMKERINTERIM REGIONAL CHANCELLOR, USF SARASOTA-MANATEE

BILL MCCAUSLANDVICE PRESIDENT & EXECUTIVE DIRECTOR OF ALUMNI

AMY HARROUNASSOCIATE VICE PRESIDENT FOR COMMUNICATIONS AND MA

KRISTIN GREENASSOCIATE VICE PRESIDENT FOR TALENT MANAGEMENT

KARA STEINERSENIOR ASSOCIATE VP, USF HEALTH DEVELOPMENT & ALUM

LELO PRADOASSOCIATE VICE PRESIDENT OF DEVELOPMENT

KAREN HOLBROOKREGIONAL CHANCELLOR

PAM PRADOCHIEF OF STAFF, UNIVERSITY ADVANCEMENT

GRACE MASEDA-SAINZBOARD MEMBER (THRU AUG 2024) / USF ASST VP AFFINIT

LAURA CROUCHBOARD MEMBER

WILLIAM MARIOTTIBOARD MEMBER

KIMBERLYANN ROSSTREASURER

SUPRIYA TANEJABOARD MEMBER

STEPHEN FESSLERBOARD MEMBER

STEPHANIE GOFORTHBOARD MEMBER

ROBERT DONALDSONBOARD MEMBER

SHEETAL PATELBOARD MEMBER

MERRITT MARTINBOARD MEMBER

MICHELLE LYNCHBOARD MEMBER

SAM LAZZARABOARD MEMBER

MICHELLE TURMANBOARD MEMBER

SAM BARRINGTONBOARD MEMBER

RAY CHIP NEWTON IIIBOARD MEMBER

DOLORES GARCIABOARD MEMBER

ANDREA GONZMART WILLIAMSBOARD MEMBER

ANILA JAINBOARD MEMBER

ANTHONY UMHOLTZBOARD MEMBER

ANTHONY R JAMESCHAIR

APRIL ROSE GRAJALESBOARD MEMBER

ASHLEY BUTLERSECRETARY

BRAD BERNSTEINBOARD MEMBER

CHRISTINE TURNERBOARD MEMBER

CINDY KANEBOARD MEMBER

DAVID GOLDSTEINBOARD MEMBER

DEBBIE NYE SEMBLERVICE CHAIR

JULIUS D DAVISBOARD MEMBER

DON ARIPOLIBOARD MEMBER

DONNA L LONGHOUSEBOARD MEMBER

DR ANDY HAFERBOARD MEMBER

DR GILBERT T GONZALEZBOARD MEMBER

DR PANOS VASILOUDESBOARD MEMBER

ELIZABETH KRYSTYNBOARD MEMBER

ELODIE DORSOBOARD MEMBER

GEORGE MORGANBOARD MEMBER

JOIE S CHITWOOD IIIBOARD MEMBER

JOSE VALIENTEIMMEDIATE PAST CHAIR

JUAN CARLOS JC PRADOBOARD MEMBER

About this charity

Recognized since: January 1960
Location: 4202 EAST FOWLER AVENUE ALC 100, TAMPA, FL 33620-9951
County: Hillsborough
In care of: % ROBERT FISCHMAN
Primary officer: Rob Fischman, CFO

How to reach them

WebsiteVisit the charity’s website Emailua-webdev@usf.edu Phone(813) 974-1801

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Education (B110)
Grant-giving organization: Yes