Form 990 for tax year 2023
Filed by UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC.
Totals
- Total revenue
- $126,387,180
- Total expenses
- $97,953,413
- Contributions and grants received
- $80,653,361
- Grants paid
- $89,477,501
- Program services expenses (Part IX)
- $89,673,315
- Management and general expenses
- $5,650,139
- Fundraising expenses
- $2,629,959
- Program service expenses (Part III)
- $89,673,315
Program services were 91.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Anthony R James
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Ashley Butler
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Debbie Nye Sembler
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Jose Valiente
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 5
-
Kimberlyann Ross
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Andrea Gonzmart Williams
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Anila Jain
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Anthony Umholtz
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
April Rose Grajales
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Brad Bernstein
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Christine Turner
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
David Goldstein
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Dolores Garcia
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Donna L Longhouse
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Dr Andy Hafer
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Dr Gilbert T Gonzalez
BOARD MEMBER
- Total calculated
- $10,000
- From this org
- $0
- From related orgs
- $10,000
- Other
- $0
- Hours/week
- 5
-
Dr Panos Vasiloudes
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Dr Prasant Mohapatra
USF EXEC VP & PROVOST
- Total calculated
- $561,886
- From this org
- $0
- From related orgs
- $512,156
- Other
- $49,730
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $426,654 related
- Bonus
- $0 + $71,073 related
- Other
- $0 + $14,429 related
- Deferred
- $0 + $31,508 related
- Nontaxable benefits
- $0 + $18,222 related
- Filer's total
- $0 + $561,886 related
-
Elizabeth Krystyn
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
George Morgan
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Grace Maseda-Sainz
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jennifer Condon
USF INTERIM CFO (BEG OCT 2023)
- Total calculated
- $328,625
- From this org
- $0
- From related orgs
- $292,528
- Other
- $36,097
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $276,508 related
- Bonus
- $0 + $15,000 related
- Other
- $0 + $1,020 related
- Deferred
- $0 + $14,329 related
- Nontaxable benefits
- $0 + $21,768 related
- Filer's total
- $0 + $328,625 related
-
Joie S Chitwood III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Julius D Davis
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Keri Gawrych
BOARD MEMBER (THROUGH JAN. 2024)
- Total calculated
- $0
- Hours/week
- 5
-
Laura Crouch
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Merritt Martin
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Michelle Lynch
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Michelle Turman
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Rebecca Bast
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Rhea Law
PRESIDENT, UNIVERSITY OF SOUTH FLORIDA
- Total calculated
- $1,210,986
- From this org
- $0
- From related orgs
- $1,057,950
- Other
- $153,036
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $640,177 related
- Bonus
- $0 + $300,000 related
- Other
- $0 + $117,773 related
- Deferred
- $0 + $152,731 related
- Nontaxable benefits
- $0 + $305 related
- Filer's total
- $0 + $1,210,986 related
-
Richard Sobieray
USF SVP BUSINESS AND FINANCE (THROUGH OCT 2023)
- Total calculated
- $644,807
- From this org
- $0
- From related orgs
- $608,736
- Other
- $36,071
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $507,716 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $1,020 related
- Deferred
- $0 + $14,209 related
- Nontaxable benefits
- $0 + $21,862 related
- Filer's total
- $0 + $644,807 related
-
Robert Donaldson
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sam Barrington
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Stephanie Goforth
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Stephen Fessler
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Steve Griggs
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
William Mariotti
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jay Stroman
SR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION
- Total calculated
- $755,667
- From this org
- $0
- From related orgs
- $655,473
- Other
- $100,194
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $544,853 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $10,620 related
- Deferred
- $0 + $78,318 related
- Nontaxable benefits
- $0 + $21,876 related
- Filer's total
- $0 + $755,667 related
-
Noreen Segrest
VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO
- Total calculated
- $348,464
- From this org
- $0
- From related orgs
- $310,884
- Other
- $37,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $303,264 related
- Bonus
- $0
- Other
- $0 + $7,620 related
- Deferred
- $0 + $15,800 related
- Nontaxable benefits
- $0 + $21,780 related
- Filer's total
- $0 + $348,464 related
-
Pam Prado
Chief of Staff, University Advancement
- Total calculated
- $171,590
- From this org
- $0
- From related orgs
- $149,741
- Other
- $21,849
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $148,721 related
- Bonus
- $0
- Other
- $0 + $1,020 related
- Deferred
- $0 + $11,000 related
- Nontaxable benefits
- $0 + $10,849 related
- Filer's total
- $0 + $171,590 related
-
Rob Fischman
VICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO
- Total calculated
- $310,596
- From this org
- $0
- From related orgs
- $274,845
- Other
- $35,751
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $267,225 related
- Bonus
- $0
- Other
- $0 + $7,620 related
- Deferred
- $0 + $13,986 related
- Nontaxable benefits
- $0 + $21,765 related
- Filer's total
- $0 + $310,596 related
-
Arty Giallourakis
Associate VP Health Development and Alumni Relations
- Total calculated
- $260,576
- From this org
- $0
- From related orgs
- $226,549
- Other
- $34,027
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $218,929 related
- Bonus
- $0
- Other
- $0 + $7,620 related
- Deferred
- $0 + $14,171 related
- Nontaxable benefits
- $0 + $19,856 related
- Filer's total
- $0 + $260,576 related
-
Bill McCausland
Vice President & Executive Director of Alumni
- Total calculated
- $268,382
- From this org
- $0
- From related orgs
- $234,736
- Other
- $33,646
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $226,923 related
- Bonus
- $0
- Other
- $0 + $7,813 related
- Deferred
- $0 + $11,897 related
- Nontaxable benefits
- $0 + $21,749 related
- Filer's total
- $0 + $268,382 related
-
Jennifer McAfee
SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $322,335
- From this org
- $0
- From related orgs
- $277,462
- Other
- $44,873
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $263,869 related
- Bonus
- $0
- Other
- $0 + $13,593 related
- Deferred
- $0 + $23,110 related
- Nontaxable benefits
- $0 + $21,763 related
- Filer's total
- $0 + $322,335 related
-
Kelley Gibson
SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $296,585
- From this org
- $0
- From related orgs
- $261,712
- Other
- $34,873
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $252,707 related
- Bonus
- $0
- Other
- $0 + $9,005 related
- Deferred
- $0 + $13,115 related
- Nontaxable benefits
- $0 + $21,758 related
- Filer's total
- $0 + $296,585 related
-
Kristin Green
ASSISTANT VICE PRESIDENT
- Total calculated
- $186,399
- From this org
- $0
- From related orgs
- $158,276
- Other
- $28,123
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $157,256 related
- Bonus
- $0
- Other
- $0 + $1,020 related
- Deferred
- $0 + $8,268 related
- Nontaxable benefits
- $0 + $19,855 related
- Filer's total
- $0 + $186,399 related
-
Christian Hardigree
Regional Chancellor
- Total calculated
- $360,179
- From this org
- $0
- From related orgs
- $315,246
- Other
- $44,933
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $283,264 related
- Bonus
- $0 + $30,000 related
- Other
- $0 + $1,982 related
- Deferred
- $0 + $23,163 related
- Nontaxable benefits
- $0 + $21,770 related
- Filer's total
- $0 + $360,179 related
-
Karen Holbrook
Regional Chancellor
- Total calculated
- $374,550
- From this org
- $0
- From related orgs
- $347,852
- Other
- $26,698
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $327,852 related
- Bonus
- $0 + $20,000 related
- Other
- $0
- Deferred
- $0 + $16,862 related
- Nontaxable benefits
- $0 + $9,836 related
- Filer's total
- $0 + $374,550 related
-
Lelo Prado
ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $270,966
- From this org
- $0
- From related orgs
- $245,261
- Other
- $25,705
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $233,565 related
- Bonus
- $0
- Other
- $0 + $11,696 related
- Deferred
- $0 + $14,856 related
- Nontaxable benefits
- $0 + $10,849 related
- Filer's total
- $0 + $270,966 related
-
Marion Yongue
Associate Vice President of Development
- Total calculated
- $244,342
- From this org
- $0
- From related orgs
- $213,707
- Other
- $30,635
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $206,087 related
- Bonus
- $0
- Other
- $0 + $7,620 related
- Deferred
- $0 + $10,779 related
- Nontaxable benefits
- $0 + $19,856 related
- Filer's total
- $0 + $244,342 related
-
Steve Blair
PRINCIPAL GIFT OFFICER
- Total calculated
- $341,480
- From this org
- $0
- From related orgs
- $304,235
- Other
- $37,245
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $293,541 related
- Bonus
- $0 + $284 related
- Other
- $0 + $10,410 related
- Deferred
- $0 + $15,468 related
- Nontaxable benefits
- $0 + $21,777 related
- Filer's total
- $0 + $341,480 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a Health or social club dues or initiation fees
- * JENNIFER MCAFEE, SENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT * STEVEN BLAIR, PRINCIPAL GIFTS OFFICER * LELO PRADO, ASSOCIATE VICE PRESIDENT THE FULL AMOUNT OF THESE PAYMENTS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION.
- Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
- The individuals listed below participated in a supplemental non-qualified deferred compensation plan. During calendar year 2023, contributions related to such plans were made for the following individuals. These amounts are included on Schedule J, Part II, Column C: Rhea Law - $131,000 Jay Stroman - $50,000 There were no distributions out of such plans during calendar year 2023.
- Schedule J, Part I, Line 7 Non-fixed payments
- THE BONUS OF THE PRINCIPAL GIFT OFFICER WAS AWARDED AT THE DISCRETION OF THE CEO OF USF FOUNDATION.
- Schedule J, Part I SUPPLEMENTAL COMPENSATION INFORMATION
- EMPLOYEES OF THE UNIVERSITY PERFORM OPERATING FUNCTIONS FOR THE FOUNDATION. THE UNIVERSITY TRACKS, ADMINISTERS, AND REPORTS ALL PAYROLL AND FRINGE BENEFIT COSTS. THE FOUNDATION TRANSFERS FUNDS TO THE UNIVERSITY FOR THESE COSTS. THE AMOUNT FUNDED BY THE FOUNDATION TO THE UNIVERSITY WAS APPROXIMATELY $1,689,797 FOR THE YEAR ENDED JUNE 30, 2024.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$89,477,501
ACADEMIC & STUDENT SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE UNIVERSITY OF SOUTH FLORIDA BOARD OF TRUSTEES
501(c)(1) · EDUCATION · FL
-
501(c)(3) · ALUMNI RELATIONS · FL
Directly controlled by USF BOARD OF TRUSTEES
-
USF HEALTH PROFESSIONS CONFERENCING CORPORATION
501(c)(3) · HEALTHCARE · FL
Directly controlled by USF BOARD OF TRUSTEES
-
UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING
501(c)(3) · EDUCATION · FL
Directly controlled by USF BOARD OF TRUSTEES
-
501(c)(3) · RESEARCH · FL
Directly controlled by USF BOARD OF TRUSTEES
-
501(c)(3) · EVENT FACILITY · FL
Directly controlled by USF BOARD OF TRUSTEES
-
UNIVERSITY MEDICAL SERVICE ASSOCIATION INC
501(c)(3) · TO SUPPORT USF'S COLLEGE OF MEDICINE IN RESEARCH AND EDUCATION · FL
Directly controlled by USF BOARD OF TRUSTEES
-
501(c)(3) · FINANCING · FL
Directly controlled by USF BOARD OF TRUSTEES
-
501(c)(3) · SUPPORT USF Fin Corp · FL
Directly controlled by USF Financing Corp
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501339349306855
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.