FLORIDA GULF COAST UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

FLORIDA GULF COAST UNIVERSITY FOUNDATION INC

EIN 65-0403969 · Education (B110)

What they do

to ADVANCE FLORIDA GULF COAST UNIVERSITY and ITS STUDENTS BY PROMOTING THE INSTITUTION, SECURING PHILANTHROPY to SUPPORT THE NEEDS of THE UNIVERSITY, MANAGING and ADMINISTERING ASSETS WITH A LONG TERM PERSPECTIVE, and PROVIDING RESOURCES to THE UNIVERSITY for THE BENEFIT of ITS TEACHING, SCHOLARSHIP, and PUBLIC SERVICE MISSION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.10 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 leaders59 people are listed in the latest report.

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

Money made simple

73.52%of revenue went to mission work90.1% of expenses · Program services

3.08%of revenue went to fundraising3.8% of expenses

$81.61spent for every $100 of revenueRevenue covered expenses this year.

5.01%of revenue went to management and office costs6.1% of expenses

$10.09in assets for every $1 spent this yearSome assets cannot be spent right away.

89.6%of its money came from giftsOther money may come from services or investments.

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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 $58,846 for AYSEGUL TIMUR (PRESIDENT). 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$27,944,344

Mission workProgram services$20,544,43073.52% of revenue90.1% of expenses

ManagementOffice and general costs$1,399,1935.01% of revenue6.1% of expenses

FundraisingAsking for donations$860,8193.08% of revenue3.8% of expenses

Revenue left after expensesReported annual surplus$5,139,90218.39% of revenueShown in gray on the chart

Total expenses$22,804,44281.61% 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: 90.1% mission · 6.1% management · 3.8% fundraisingTotal expenses: 81.61% of revenue

2023Expense mix: 92.4% mission · 4.7% management · 2.9% fundraisingTotal expenses: 93.20% of revenue

2022Expense mix: 93.5% mission · 4.4% management · 2.2% fundraisingTotal expenses: 73.55% of revenue

2021Expense mix: 91.5% mission · 5.9% management · 2.6% fundraisingTotal expenses: 78.33% of revenue

2020Expense mix: 95.3% mission · 3.7% management · 1.1% fundraisingTotal expenses: 99.40% of revenue

2019Expense mix: 92.3% mission · 5.3% management · 2.4% fundraisingTotal expenses: 71.97% of revenue

2018Expense mix: 93.1% mission · 5.1% management · 1.8% fundraisingTotal expenses: 114.08% of revenue

2017Expense mix: 94.1% mission · 4.4% management · 1.6% fundraisingTotal expenses: 87.56% of revenue

Money in and money out

Revenue$27,944,344

Expenses$22,804,442

Annual surplus $5,139,902 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)$20,544,430 · 90.1% of expenses

Management and office costs$1,399,193 · 6.1% of expenses

Fundraising$860,819 · 3.8% of expenses

See all reported dollar amounts

Revenue$27,944,344

Expenses$22,804,442

Assets$230,102,845

Income$61,012,924

Contributions$25,030,298

Mission work (program services)$20,544,430

Fundraising$860,819

Grants given$135,284,407

Average grant$13,528,441

Management and general$1,399,193

Stocks and bonds$169,556,902

Accounting fees$92,238

Investing fees$284,984

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

AYSEGUL TIMURPRESIDENT · 10 hrs/week $58,846Base · Other $58,846

KATHERINE GREENEXECUTIVE DIRECTOR · 25 hrs/week $50,417Base · Other $50,417

CINDY LEARNEDASSISTANT VICE PRESIDENT · 35 hrs/week $45,073Base · Other $45,073

WILLIAM RICESR. PHILANTHROPY OFFICER · 30 hrs/week $42,150Base · Other $42,150

DAVID VAZQUEZASSISTANT TREASURER · 1 hrs/week $40,258Base · Other $40,258

GERARD CARRINGTONCHIEF FINANCIAL OFFICER · 30 hrs/week $36,986Base · Other $36,986

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 (59)

AYSEGUL TIMURPRESIDENT

KATHERINE GREENEXECUTIVE DIRECTOR

CINDY LEARNEDASSISTANT VICE PRESIDENT

WILLIAM RICESR. PHILANTHROPY OFFICER

DAVID VAZQUEZASSISTANT TREASURER

GERARD CARRINGTONCHIEF FINANCIAL OFFICER

MILLER COUSEDIRECTOR

JOHN FUMAGALLIDIRECTOR

KIM CICCARELLI KANTORDIRECTOR

WILLIAM HOROWITZDIRECTOR

LAWRENCE ANTONUCCIDIRECTOR

LEE SEIDLERDIRECTOR

LINDA TAYLORDIRECTOR

LUCIENNE PEARSDIRECTOR

MARTIN SCHAPPELLDIRECTOR

MARY BETH GEIERDIRECTOR

MICHAEL HARTLEYVICE CHAIR

MICHAEL MARTINFORMER PRESIDENT

MICHAEL SWINDLEDIRECTOR

SUZANNE BOYDIRECTOR

MYRA WILLIAMSDIRECTOR

NEALE MONTGOMERYDIRECTOR

PETER SULICKDIRECTOR

PHIL FISCHLERDIRECTOR

RICHARD ACKERTDIRECTOR

ROBBIE ROEPSTORFFEX OFFICIO

SAMANTHA SCOTTCHAIR

W BERNARD LESTERDIRECTOR

SHAWN MCINTYREDIRECTOR

SHONTRA POWELLDIRECTOR

STEVE MCINTOSHDIRECTOR

STEVEN BRODIEDIRECTOR

EDWARD MORTONDIRECTOR

BARRON COLLIER IIIDIRECTOR

BILL BARKERDIRECTOR

BRETT DIAMONDDIRECTOR

BRIAN RISTDIRECTOR

CHARLES EDWARDSDIRECTOR

CHARLES IDELSONDIRECTOR

CHARLES WINTONDIRECTOR

CHELSEA GANEYDIRECTOR

CLAUDINE LEGER-WETZELDIRECTOR

DAVID LUCASDIRECTOR

DIANA WILLISDIRECTOR

DONALD LESCHDIRECTOR

DOUGLAS VANOORTTREASURER

KATIE SPROULDIRECTOR

FRED PEZESHKANDIRECTOR

GAIL MARKHAMDIRECTOR

GARY GRIFFINDIRECTOR

GREG BLURTONDIRECTOR

HARRY CASIMIRSECRETARY

J DUDLEY GOODLETTEDIRECTOR

JAIME ULMERDIRECTOR

JAMES KNUPPDIRECTOR

JEFF FARAMODIRECTOR

JEFFREY FRIDKINDIRECTOR

JESSE BOUCHARDDIRECTOR

JOSEPH CATTIDIRECTOR

About this charity

Recognized since: January 1994
Location: 10501 FGCU BLVD S, FORT MYERS, FL 33965-6565
County: Lee
In care of: % NORTHERN TRUST COMPANY TTEE
Primary officer: GERARD CARRINGTON, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Emailjesantos@fgcu.edu Phone(239) 745-4365

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