The University of Florida Foundation
The University of Florida Foundation reported $260.6 million in revenue and $296.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.06 went to program services, $6.79 to management and general costs and $7.15 to fundraising. Its largest source of revenue was contributions and grants: 87.6% of the total. The highest compensation it reported for one person was $995,752 (DIRECTOR). 93 people received more than $100,000 in reportable compensation. Revenue rose 31% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $296MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $261MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 87.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $995,752 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.34% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 93 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 122.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 22 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe University of Florida Foundation, inc. Receives and administers private support, in accordance with donor restrictions, to the many colleges, units, and programs of the University of Florida
The University of Florida Foundation, inc. Receives and administers private support for the University of Florida for donor provided financial aid to qualified students
The University of Florida Foundation, inc. Receives and administers private support for faculty and staff of the many colleges and units of the University of Florida including, but not limited to, endowed chairs and professorships
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $788,720 | $207,032 | $995,752 |
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $580,395 | $57,181 | $637,576 |
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $473,720 | $131,914 | $605,634 |
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $526,943 | $58,423 | $585,366 |
| ASSOCIATE VICE PRESIDENT Key employee, 40.0 hrs/week | $393,077 | $0 | $69,680 | $462,757 |
| EXEC. VICE PRESIDENT Officer, 40.0 hrs/week | $357,610 | $0 | $59,121 | $416,731 |
| ASSOC VP & COO Officer, 40.0 hrs/week | $316,249 | $0 | $54,380 | $370,629 |
| ASSOCIATE VICE PRESIDENT Highest compensated employee, 40.0 hrs/week | $332,245 | $0 | $35,246 | $367,491 |
93 people received more than $100,000 in reportable compensation from The University of Florida Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b22 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5368
- Volunteers Part I, line 6372
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Ruffalo Noel Levitz LLC Professional Fundraisers | $1,016,260 |
| Salesforce com Inc Technology services | $914,158 |
| WPP Group USA Inc Professional services | $892,000 |
| NU Advisory Partners LLC Professional services | $646,522 |
| UC Innovation Inc Professional services | $528,103 |
Individuals listed as contractors are left out. 34 contractors were paid more than $100,000 in all.
Private foundation grants it received
129 private foundations reported grants to The University of Florida Foundation totaling $27M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The University of Florida Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The University of Florida Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The University of Florida Foundation spent in FY2025, $86.06 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Scholarship AmericaMinneapolis, MN · revenue $260M · programs 93.9% · 2025
- KIPP DC Public Charter SchoolsWashington, DC · revenue $263M · programs 88.3% · FY2025
- Campbell UniversityBuies Creek, NC · revenue $258M · programs 88.4% · FY2025
- DePauw UniversityGreencastle, IN · revenue $264M · programs 86.9% · FY2025
- Biola UniversityLA Mirada, CA · revenue $258M · programs 85.1% · FY2025
Questions people ask
How much of The University of Florida Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, The University of Florida Foundation reported that 86.1% of its $296.5 million in expenses went to program services, 6.8% to management and general and 7.2% to fundraising (Form 990, Part IX).
How much does The University of Florida Foundation pay its top executive?
The largest total compensation The University of Florida Foundation reported for one person in the fiscal year ending June 30, 2025 was $995,752, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The University of Florida Foundation get its money?
Of $260.6 million in revenue in the fiscal year ending June 30, 2025, 87.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is The University of Florida Foundation a registered charity?
The IRS lists EIN 59-0974739 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641129349300214 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349306916 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401319349304290 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341019349301519 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201199349300805 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130929349300343 · read the filing
All filings for EIN 59-0974739: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.