FLORIDA STATE UNIVERSITY FOUNDATION INC

TALLAHASSEE, FL, 32301-1403 (850) 644-6000 Est. 1960 EIN 59-6152180
B114— Education Form 990 501(c)(3)
WWW.FOUNDATION.FSU.EDU

Mission

THE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS, ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU, SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT, INVESTING AND EXPENDING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU, AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU.

Giving Portfolio

Total Grants
33
Total Giving
$190.8M
Recipients
33
Years Active
2017 - 2023
Avg grant: $7,963,329 Median: $118,750

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20234$55.4M $13.8M04
20223$26.8M $8.9M03
20213$27.1M $9.0M03
20204$27.3M $6.8M04
20194$30.2M $7.5M04
201715$24.1M $1.6M150

Sectors Funded

Education
12
Unknown
1
Arts, Culture & Humanities
1

Top States

Florida
30
Pennsylvania
1
Wisconsin
1
Ohio
1

Grantee Size Profile

$1M - $5M
14
$10M - $50M
3
$5M - $10M
2
$500K - $1M
1
$100K - $500K
1

Top Grantees

and 6 more grantees

Grants Awarded · 30 grants

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Financials

Total Revenue
$109,073,173
Total Expenses
$103,086,035
Net Assets
$1,040,830,160
476 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 13.6%
Expenses ↑ 35.3%
Revenue Sources
Contributions 49.7% Earned revenue 1.4% Investment 48.2% Other 1.0%
Expense Breakdown
Program 72.1% Management 22.4% Fundraising 5.5%

Officers & Trustees (57)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990$109,073,173 $103,086,035$1,040,830,160
2022 Form 990$96,038,685 $76,186,009$973,397,191
2021 Form 990$127,907,940 $78,001,557$919,148,794
2020 Form 990$97,116,906 $69,286,321$930,230,735
2019 Form 990$57,370,131 $68,306,331$694,040,792
2017 Form 990$63,251,375 $59,126,501$714,533,606

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EIN: 59-6152180 · Source: IRS Form 990 e-file data