2025-02-17T00:05:38-06:00 2024-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2023-07-01 650403969 FLORIDA GULF COAST UNIVERSITY FOUNDATION INC FLOR 2397454365 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 2397454365 2025-02-13 1 1 KEN KURDZIEL P00060407 3523781331 2025-02-13 2023 2025-03-06 01:10:19Z GERARD CARRINGTON 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 55616815 0 X HTTPS://FGCUFOUNDATION.ORG/ X 1993 FL THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL MISSION OF FLORIDA GULF COAST UNIVERSITY. 48 47 0 48 1845 0 26416685 27643453 1761877 2512135 1454757 2295352 315945 424695 29949264 32875635 15996329 23696789 0 0 0 0 0 0 885547 6032074 6944695 22028403 30641484 7920861 2234151 185699204 206115247 2379522 2931947 183319682 203183300 X 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. 0 0 28310128 23696789 2512135 THE FOUNDATION RECEIVES AND ADMINISTERS GIFTS AND BEQUESTS FOR EDUCATIONAL AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF FLORIDA GULF COAST UNIVERSITY. 28310128 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 192 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 48 47 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 FL X X GERARD CARRINGTON 2397454365 10501 FGCU BOULEVARD SOUTH FORT MYERS FL 339656565 AYSEGUL TIMUR PRESIDENT 10.00 30.00 X X 0 410487 59127 DOUGLAS VANOORT TREASURER 1.00 0.00 X X 0 0 0 HARRY CASIMIR SECRETARY 1.00 0.00 X X 0 0 0 MICHAEL HARTLEY VICE CHAIR 1.00 0.00 X X 0 0 0 SAMANTHA SCOTT CHAIR 1.00 0.00 X X 0 0 0 BRIAN RIST DIRECTOR 1.00 0.00 X 0 0 0 BARRON COLLIER III DIRECTOR 1.00 0.00 X 0 0 0 CHARLES EDWARDS DIRECTOR 1.00 0.00 X 0 0 0 CHARLES IDELSON DIRECTOR 1.00 0.00 X 0 0 0 CHARLES KETTEMAN DIRECTOR 1.00 0.00 X 0 0 0 CHARLES WINTON DIRECTOR 1.00 0.00 X 0 0 0 CHELSEA GANEY DIRECTOR 1.00 0.00 X 0 0 0 CLAUDINE LEGER-WETZEL DIRECTOR 1.00 0.00 X 0 0 0 EDWARD MORTON DIRECTOR 1.00 0.00 X 0 0 0 DIANA WILLIS DIRECTOR 1.00 0.00 X 0 0 0 DONALD LESCH DIRECTOR 1.00 0.00 X 0 0 0 BILL BARKER DIRECTOR 1.00 0.00 X 0 0 0 FRED PEZESHKAN DIRECTOR 1.00 0.00 X 0 0 0 GAIL MARKHAM DIRECTOR 1.00 0.00 X 0 0 0 J DUDLEY GOODLETTE DIRECTOR 1.00 0.00 X 0 0 0 JAMES KNUPP DIRECTOR 1.00 0.00 X 0 0 0 JEFF FARAMO DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY FRIDKIN DIRECTOR 1.00 0.00 X 0 0 0 JESSE BOUCHARD DIRECTOR 1.00 0.00 X 0 0 0 BRETT DIAMOND DIRECTOR 1.00 0.00 X 0 0 0 LAWRENCE ANTONUCCI DIRECTOR 1.00 0.00 X 0 0 0 DAVID LUCAS DIRECTOR 1.00 0.00 X 0 0 0 PETER SULICK DIRECTOR 1.00 0.00 X 0 0 0 MILLER COUSE DIRECTOR 1.00 0.00 X 0 0 0 LEE SEIDLER DIRECTOR 1.00 0.00 X 0 0 0 LINDA TAYLOR DIRECTOR 1.00 0.00 X 0 0 0 LUCIENNE PEARS DIRECTOR 1.00 0.00 X 0 0 0 MARTIN SCHAPPELL DIRECTOR 1.00 0.00 X 0 0 0 MARY BETH GEIER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL SWINDLE DIRECTOR 1.00 0.00 X 0 0 0 MYRA WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 NEALE MONTGOMERY DIRECTOR 1.00 0.00 X 0 0 0 RICHARD ACKERT DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH CATTI DIRECTOR 1.00 0.00 X 0 0 0 ROBBIE ROEPSTORFF EX OFFICIO 1.00 0.00 X 0 0 0 SHAWN MCINTYRE DIRECTOR 1.00 0.00 X 0 0 0 SHONTRA POWELL DIRECTOR 1.00 0.00 X 0 0 0 STEVEN BRODIE DIRECTOR 1.00 0.00 X 0 0 0 STEVE MCINTOSH DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE BOY DIRECTOR 1.00 0.00 X 0 0 0 W BERNARD LESTER DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM HOROWITZ DIRECTOR 1.00 0.00 X 0 0 0 JOHN FUMAGALLI DIRECTOR 1.00 0.00 X 0 0 0 KATHERINE GREEN EXECUTIVE DIRECTOR 25.00 15.00 X 0 275232 47982 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 30.00 10.00 X 0 160354 35696 CINDY LEARNED ASSISTANT VICE PRESIDENT 35.00 5.00 X 0 164553 41333 DAVID VAZQUEZ ASSISTANT TREASURER 1.00 39.00 X 0 278818 37710 WILLIAM RICE SR. PHILANTHROPY OFFICER 30.00 10.00 X 0 161888 39812 MICHAEL MARTIN FORMER PRESIDENT 10.00 30.00 X 0 574229 30295 0 2025561 291955 0 1 1 0 WRIGHT CONSTRUCTION GROUP 5811 YOUNGQUIST ROAD FORT MYERS FL 33912 CONSTRUCTION 415024 KELLY BROTHERS INC 15775 PINE RIDGE ROAD FORT MYERS FL 33908 MARINE CONSTRUCTION 259996 MADDOX CONSTRUCTION CO 1705 COLONIAL BLVD SUITE D-1 FORT MYERS FL 33907 CONSTRUCTION 238224 EXXAT LLC PO BOX 4206 WARREN NJ 07059 SUBSCRIPTION 232950 FLORIDIAN PARTNERS LLC PO BOX 1698 TALLAHASSEE FL 32302 LOBBYING 180520 10 569964 27073489 466803 27643453 FUNDRAISING ACTIVITIES 900099 2128135 2128135 FACILITY RENTAL 531390 384000 384000 2512135 1942948 1845 1941103 21993868 750000 22175447 216017 -181579 533983 352404 352404 774411 569964 349716 424695 424695 32875635 2512135 1845 2718202 23696789 23696789 116817 47722 69095 241009 241009 231386 231386 962381 707276 109891 145214 266311 58186 208125 1305307 1041430 170025 93852 123602 121677 1925 179809 171763 7266 780 386222 367578 5542 13102 1967124 1170567 449907 346650 37320 37320 132790 82895 360 49535 GIFTS/ACKNOWLEDGMENTS 70017 45095 15198 9724 UNRELATED BUSINESS TAX 234 234 DUES & SUBSCRIPTIONS 408955 376886 17359 14710 PROGRAM PRODUCTION 298972 298972 216439 123292 91217 1930 30641484 28310128 1445809 885547 44416774 43921793 5491093 3563058 48215 4183070 130359147 156554948 817235 697934 50350 383670 1327164 185699204 206115247 239020 468093 32000 2140502 2431854 2379522 2931947 X 13697141 14365069 169622541 188818231 183319682 203183300 185699204 206115247 X 2234151 17711124 -81657 X 0 1 X 1 0 X 24376754 19514768 23525853 26416685 27643453 121477513 24376754 19514768 23525853 26416685 27643453 121477513 13586020 107891493 382511 123503 85696 763715 1941103 3296528 407397 189709 271504 315945 424695 1609250 126383291 8585648 0.85370 0.91290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 241009 241009 0 PART II-B, LINE 1: IN FY 2024, THE UNIVERSITY CONTINUED TO ENGAGE A THIRD-PARTY COMPANY (FLORIDIAN PARTNERS) TO ADVOCATE FOR FLORIDA GULF COAST UNIVERSITY IN TALLAHASSEE WITH THE FLORIDA LEGISLATURE. 121316201 7907756 15966713 6932063 138798607 111836988 3113813 12281227 5915827 121316201 129309034 3897182 -16085855 3346794 1936579 111836988 100019129 4961456 29547621 3549394 1669778 129309034 94547577 6377779 3380536 2848900 1437863 100019129 1.00000 0 0 0 GIFT ANNUITIES PAYABLE 730058 GIFT ANNUITIES 1701796 2431854 X 50623432 17711124 268059 17979183 32644249 231386 231386 32875635 30759814 349716 349716 30410098 231386 231386 30641484 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT ENDOWED CHAIRS, PROFESSORSHIPS, SCHOLARSHIPS, FELLOWSHIPS AND OTHER PROGRAMS FOR THE BENEFIT OF FLORIDA GULF COAST UNIVERSITY. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII 349,716. CHANGE IN VALUE OF GIFT ANNUITY -81,657. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII 349,716. NIGHT AT NEST 896296 363869 532427 34158 121756 EAGLES GOLF CLASSIC 104500 68750 35750 31211 23366 6 343579 137345 206234 480 26975 83986 27784 1344375 569964 774411 480 58186 118144 172906 349716 424695 1 FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 650753801 170(C)(1) 19809289 3887500 FMV REAL PROPERTY SCHOLARSHIPS AND SUPPORT FOR FLORIDA GULF COAST UNIVERSITY 1 0 PART I, LINE 2: THE FOUNDATION IS A DIRECT SUPPORT ORGANIZATION OF FLORIDA GULF COAST UNIVERSITY AND PROVIDES ASSISTANCE BASED ON REQUESTS FROM THE UNIVERSITY AND THE AMOUNT OF AVAILABLE FUNDS FROM RESTRICTED DONATIONS FOR SPECIFIC UNIVERSITY PROGRAMS. FOUNDATION FISCAL MANAGERS MAINTAIN A RUNNING TOTAL OF GRANT FUNDING RECEIVED AND AMOUNTS AVAILABLE FOR DISTRIBUTION. ALL FUNDING REQUESTS ARE REVIEWED FOR ELIGIBILITY PRIOR TO FUNDS BEING DISBURSED INCLUDING CRITERIA AGREED UPON BETWEEN THE DONOR AND THE FOUNDATION. 0 0 0 0 0 0 0 0 0 MICHAEL MARTIN FORMER PRESIDENT 0 206879 0 233333 0 134017 0 18475 0 11820 0 604524 0 0 AYSEGUL TIMUR PRESIDENT 0 364287 0 0 0 46200 0 35740 0 23387 0 469614 0 0 KATHERINE GREEN EXECUTIVE DIRECTOR 0 258294 0 0 0 16938 0 25117 0 22865 0 323214 0 0 DAVID VAZQUEZ ASSISTANT TREASURER 0 263354 0 0 0 15464 0 25832 0 11878 0 316528 0 0 CINDY LEARNED ASSISTANT VICE PRESIDENT 0 160260 0 2500 0 1793 0 21004 0 20329 0 205886 0 0 WILLIAM RICE SR. PHILANTHROPY OFFICER 0 149421 0 10188 0 2279 0 19513 0 20299 0 201700 0 0 GERARD CARRINGTON CHIEF FINANCIAL OFFICER 0 156613 0 2500 0 1241 0 15381 0 20315 0 196050 0 0 PART I, LINE 3 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED UNDER THE HUMAN RESOURCE POLICIES OF THE UNIVERSITY. THE FOUNDATION RELIES ON THE UNIVERSITY TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER. X 1 37590 FMV X 39 429113 AVG. TRADING VALUE X AUCTION ITEMS 1 100 FMV 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE FOUNDATION BOARD WHEN THE BOARD IS NOT IN SESSION, AND SHALL BE EMPOWERED TO ACT ON BEHALF OF THE BOARD IN INSTANCES WHERE A MEETING OF THE FULL BOARD WOULD NOT OCCUR WITHIN THE TIME FRAME NECESSARY FOR APPROVING AN ACTION DEEMED TO BE IN THE BEST INTEREST OF THE FOUNDATION; ALSO TAKING SUCH OTHER ACTION AS MAY BE REQUIRED FROM TIME TO TIME FOR THE EXPEDITIOUS OPERATION OF THE FOUNDATION. ACTIONS BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT ONLY TO SUCH RESTRICTION OR LIMITATIONS AS THE FOUNDATION BOARD MAY FROM TIME TO TIME SPECIFY. HOWEVER, THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO ALTER, AMEND, OR REPEAL THE ARTICLES OF LNCORPORATION OR THE BYLAWS OF THE FOUNDATION OR TO APPOINT DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE APPOINTMENT OF ELECTED DIRECTORS IS RECOMMENDED BY THE FOUNDATION BOARD TO THE FLORIDA GULF COAST UNIVERSITY BOARD OF TRUSTEES ("BOARD OF TRUSTEES") FOR ITS APPROVAL. THE CFO OF THE FOUNDATION IS SELECTED BY THE VICE PRESIDENT OF UNIVERSITY ADVANCEMENT OF FGCU. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, EXECUTIVE DIRECTOR, AND CHIEF FINANCIAL OFFICER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION BOARD MEMBERS ARE SUBJECT TO A CONFLICT OF INTEREST POLICY, AND ARE REQUIRED TO ANNUALLY REVIEW THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS. IF A CONFLICT IS DISCLOSED, THE EXECUTIVE DIRECTOR AND CHAIR OF THE BOARD DISCUSS IT WITH THE DIRECTOR AND DETERMINE HOW IT SHOULD BE HANDLED. BOARD PRACTICE IS THAT A DIRECTOR WITH A CONFLICT WOULD ABSTAIN FROM VOTING OR DISCUSSING THE RELEVANT MATTER. KEY EMPLOYEES ARE SUBJECT TO THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED UNDER THE HUMAN RESOURCE POLICIES OF THE UNIVERSITY. THE FOUNDATION RELIES ON THE UNIVERSITY TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE ON THE FOUNDATION'S WEBSITE AND ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF GIFT ANNUITY -81,657. FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD SOUTH FORT MYERS FL 339656565 650753801 EDUCATION FL 115(1) N/A N/A 0 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 FLORIDA GULF COAST UNIVERSITY B 23696789 FMV FLORIDA GULF COAST UNIVERSITY J 384000 FMV FLORIDA GULF COAST UNIVERSITY D 879793 FMV FLORIDA GULF COAST UNIVERSITY L 2128135 FMV