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The Florida State University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596152180 ✦ Tallahassee, FL ✦ Designated as a 501(c)(3)

Overview

What is The Florida State University Foundation Inc?

The Florida State University Foundation is a nonprofit organization based in Tallahassee, Florida, with a mission to enhance the academic mission of Florida State University. By managing and raising funds, they foster relationships with alumni and friends, invest and expend funds to meet current and future needs, and advocate for charitable giving. Their support covers various aspects, including salaries, scholarships, research, capital funding, equipment, travel, and other expenses. These investments help maintain academic excellence through eminent scholar and professorships, curriculum development, internships, interdisciplinary work, and experiential learning. With a workforce of 142 employees, their efforts strengthen relationships with donors and serve as a crucial element to institutional greatness.


Official website here: www.foundation.fsu.edu

Is The Florida State University Foundation Inc legitimate?

The Florida State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Florida State University Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $994,836
Professional Fundraising Fees: $386,635
Other Salaries and Wages: $7,511,705

For more financial information, click here


Official website here: www.foundation.fsu.edu

What is the mission statement of The Florida State University Foundation Inc?

The Florida State University Foundation enhances Florida State University's academic mission and vision through organized fundraising activities and funds management. By fostering relationships with alumni and friends, advocating charitable giving, and raising funds on behalf of FSU, the foundation supports academic endeavors in various ways. Academic support from the foundation includes salaries, scholarships and fellowships, research, capital funding, equipment and supplies, travel, and other expenses. These resources inspire students, strengthen academic programs, and contribute to institutional greatness. The foundation also maintains eminent scholar and professorship positions, ensuring academic excellence is sustained. Curriculum development, internships, interdisciplinary work, experiential learning, and academic enrichment all rely on private support provided by the Florida State University Foundation.


Official website here: www.foundation.fsu.edu

Who is the CEO of The Florida State University Foundation Inc?

John F Carrigan is the Trustee/Ex Officio V, Fsu President of The Florida State University Foundation Inc.


Official website here: www.foundation.fsu.edu

What is the revenue of The Florida State University Foundation Inc?

The Florida State University Foundation Inc's revenue in 2022 was $127,907,940.


Official website here: www.foundation.fsu.edu

Who are the executives of The Florida State University Foundation Inc and what are their salaries?

The average compensation at The Florida State University Foundation Inc during 2022 was $59,905. There are 142 employees and 545 volunteers at The Florida State University Foundation Inc.

Here are 55 key members and their salaries:

    John E Thrasher Partial Year (Trustee/Ex Officio V, Fsu President)
  • Compensation: $0
  • Related: $955,159
  • Other: $208,441

    • Michael D Hartline (Trustee/Ex Officio V, Interim Vp For University Ad)
  • Compensation: $0
  • Related: $406,086
  • Other: $38,609

    • Richard D Mccullough (Trustee/Ex Officio V, Fsu President)
  • Compensation: $0
  • Related: $310,965
  • Other: $96,055

    • Andy A Jhanji Partial Year (Interim Vp Of University Advancement And Executive)
  • Compensation: $0
  • Related: $338,134
  • Other: $52,522

    • Michael S Williams Partial Year (Interim Cfo/Acting Assistant Treasurer)
  • Compensation: $0
  • Related: $239,962
  • Other: $90,241

    • Eric K Chicken (Trustee/Ex Officio V, Faculty Senate President)
  • Compensation: $0
  • Related: $191,387
  • Other: $41,013

    • Brandon T Mccray (Assoc. Vp Constituent Programs)
  • Compensation: $0
  • Related: $181,816
  • Other: $40,141

    • Holly Newell Partial Year (Cfo/Assistant Treasurer)
  • Compensation: $0
  • Related: $166,939
  • Other: $40,079

    • James A Mcneill (Senior Director Of Development, College Of Medicin)
  • Compensation: $0
  • Related: $146,787
  • Other: $37,867

    • Pamela Spencer (Vp Advancement Services)
  • Compensation: $0
  • Related: $146,749
  • Other: $35,404

    • Thomas W Block (Vp Adv. Relations/Assistant Secretary)
  • Compensation: $0
  • Related: $141,597
  • Other: $39,131

    • Steven M Terman (Senior Director Of Development, Ringling)
  • Compensation: $0
  • Related: $140,523
  • Other: $35,497

    • Nancy B Smilowitz (Senior Director Of Development, College Of Arts An)
  • Compensation: $0
  • Related: $148,887
  • Other: $23,209

    • Nancy Mckay (Trustee/Chair, Chair, Executive Committee)
  • Compensation: $0
  • Related: $10,000
  • Other: $0

    • Robert E Rice (Trustee)
  • Compensation: $0
  • Related: $3,061
  • Other: $0

    • Christopher E Iansiti (Trustee/Chair Elect, Chair, Trusteeship Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig T Lynch (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael C Poland (Trustee/Treasurer, Chair, Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna M Abood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth R Akers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Florence H Ashby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Bartelmo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvonne T Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith D Carr (Trustee, Chair, Audit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William E Coen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles R Cottrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark S Ellis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cameron Fink Partial Year (Trustee/Ex Officio V, Chair, Student Foundation)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea K Friall (Trustee, Chair, Donor Stewardship Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey D Gargiulo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy S Gunning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franklin L Hagenbeck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank A Hall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom C Haney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marion J Hargett Partial Year (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Hayden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mart P Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nan C Hillis (Trustee, Chair, Development Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackson M Hitchcock (Trustee/Ex Officio V, Chair Student Foundation)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William T Hold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell T Kohl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David B Lane (Trustee/Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diahann W Lassus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John M Lusk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven J Mudder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Pittman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle D Riva (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula P Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay F Steele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Agnes F Stoops (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis C Taormina (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John W Thiel (Trustee/Ex Officio V, Fsu Bot)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashbel C Williams (Trustee, Chair, Investment Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur L Fleming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F Carrigan (Cfo/Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.fsu.edu

    Where can I find the form 990 for The Florida State University Foundation Inc?

    The The Florida State University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foundation.fsu.edu

    Learn more at the official website: www.foundation.fsu.edu

    Mission Statement of The Florida State University Foundation Inc

    The Florida State University Foundation, a renowned organization, plays a pivotal role in enhancing the academic mission and vision of Florida State University. By engaging in organized fundraising activities and funds management, it fosters relationships with alumni and friends, advocates for charitable giving, and raises funds on behalf of FSU. The foundation accomplishes this mission by investing and expending funds to meet the current and future needs of Florida State University.

    Academic support is a significant aspect of the Florida State University Foundation's activities. It provides funds for salaries, scholarships and fellowships, research, capital funding, equipment and supplies, travel, and other expenses. These resources help the university's outstanding faculty inspire students, foster and enhance strong academic programs, and serve as a key element to institutional greatness. The foundation also supports eminent scholars and professorships, maintaining academic excellence by investing in the most accomplished faculty.

    Curriculum development, internships, interdisciplinary work, experiential learning, and academic enrichment all require private support. The Florida State University Foundation's role in providing these essential resources enables the university to create and maintain a high-quality educational environment. By investing in these areas, the foundation ensures that Florida State University remains at the forefront of academic achievements.

    Impact

    This information is meant to be a general summary of The Florida State University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Florida State University Foundation Inc enhances the academic mission and vision of Florida State University through organized fundraising activities and funds management. By fostering relationships with alumni and friends, advocating charitable giving, and raising funds on behalf of FSU, the foundation supports academic initiatives such as scholarships, research, capital funding, equipment, and other expenses. This support enables the university's faculty to inspire students, strengthen academic programs, and maintain institutional greatness through prestigious positions and academic enrichment opportunities. Private support plays a crucial role in sustaining academic excellence and advancing the university's overall mission.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $70,875,594
  • Program Service Revenue: $686,967
  • Gross Receipts: $344,432,736

    • Assets and Liabilities:
  • Total Assets: $940,918,551
  • Total Liabilities: $21,769,757
  • Net Assets: $919,148,794
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REGISTRATION/ADMIN

    Revenue

    $578,959

    SPONSORSHIPS

    Revenue

    $108,008

    Organization Details

    Founding Year

    1960

    Principal Officer

    John F Carrigan

    Main Address

    325 W COLLEGE AVENUE, TALLAHASSEE, FL, 32301

    NTEE Category

    Code: B84 - Education

    If you are a representative of The Florida State University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.