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Nonprofit · EIN 59-0879015

UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC

Also known as SAM & MARTHA GIBBONS ALUMNI CENTER

Tax-exempt · TAMPA, FL 33620

Financials

$68.5M$100.4M2022$126.4M$98M2023$187.8M$80.9M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$187,811,816$80,911,059$106,900,757$1,017,746,815$40,647,967$977,098,848
June 30, 2024990$126,387,180$97,953,413$28,433,767$920,341,296$40,906,146$879,435,150
June 30, 2023990$68,468,169$100,413,985-$31,945,816$837,528,240$39,300,247$798,227,993
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$91,026,418
Program service revenue
$2,383,222
Investment income
$94,722,392
Net gain from sales of assets
$73,519,570
Net income from fundraising events
-$478,634
Other revenue
-$320,216

Expenses

Grants and similar amounts paid
$70,204,382
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$39,211
Accounting fees
$262,682
Travel
$379,435
Depreciation
$1,006,316
Program services (functional)
$70,388,946
Management and general (functional)
$7,900,825
Fundraising (functional)
$2,621,288

Balance sheet and other

Total assets, start of year
$920,341,296
Total assets, end of year
$1,017,746,815
Total liabilities, end of year
$40,647,967
Net assets, end of year
$977,098,848
Land, buildings and equipment
$10,250,361
Publicly traded securities
$248,461,519
Gross receipts
$568,247,324
Employees
0
Volunteers
897
Year formed
1960
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Rhea LawPRESIDENT, UNIVERSITY OF SOUTH FLORIDA
Trustee or director
5$0$1,119,451$304,906
Dr Prasant MohapatraUSF EXEC VP & PROVOST
Trustee or director
5$0$779,190$52,917
Jay StromanSR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION
Officer
40$0$726,351$98,747
Jennifer CondonUSF CFO
Trustee or director
5$0$489,434$41,968
Karen HolbrookRegional Chancellor
Highest-paid employee
40$0$348,805$26,845
Noreen SegrestVICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO
Officer
40$0$326,306$38,755
Steve BlairPRINCIPAL GIFT OFFICER
Highest-paid employee
40$0$321,329$38,046
Christian HardigreeRegional Chancellor
Highest-paid employee
40$0$307,207$46,577
Jennifer McAfeeSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Key employee
40$0$300,114$47,259
Kelley GibsonSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Key employee
40$0$289,863$36,531
Rob FischmanVICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO
Officer
40$0$289,440$36,639
Dr Brett KemkerInterim Regional Chancellor, USF Sarasota-Manatee campus
Highest-paid employee
40$0$259,574$35,404
Lelo PradoASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Highest-paid employee
40$0$260,978$27,766
Bill McCauslandVice President & Executive Director of Alumni
Key employee
40$0$245,921$34,536
Arty GiallourakisAVP HEALTH DEV & ALUMNI REL (THRU JUNE 2024)/PRINCIPAL PHILANTHROPY OFFICER
Former
40$0$234,131$35,575
43 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Pam PradoChief of Staff, University Advancement
Officer
40$0$170,288$25,108
Kristin GreenAssociate Vice President for Talent Management
Key employee
40$0$166,323$28,721
Amy HarrounAssociate Vice President for Communications and Marketing
Key employee
40$0$160,519$31,499
Kara SteinerSenior Associate VP, USF Health Development & Alumni Relations
Key employee
40$0$153,545$27,991
Grace Maseda-SainzBOARD MEMBER (thru Aug 2024) / USF ASST VP AFFINITY PROGRAMS
Trustee or director
5$0$53,778$11,592
Dr Gilbert T GonzalezBOARD MEMBER
Trustee or director
5$0$9,898$0
Anthony R JamesChair
Trustee or director, Officer
5$0$0$0
Ashley ButlerSecretary
Trustee or director, Officer
5$0$0$0
Debbie Nye SemblerVice Chair
Trustee or director, Officer
5$0$0$0
Jose ValienteImmediate Past Chair
Trustee or director, Officer
5$0$0$0
Kimberlyann RossTreasurer
Trustee or director, Officer
5$0$0$0
Andrea Gonzmart WilliamsBOARD MEMBER
Trustee or director
5$0$0$0
Anila JainBoard Member
Trustee or director
5$0$0$0
Anthony UmholtzBOARD MEMBER
Trustee or director
5$0$0$0
April Rose GrajalesBoard Member
Trustee or director
5$0$0$0
Brad BernsteinBoard Member
Trustee or director
5$0$0$0
Christine TurnerBOARD MEMBER
Trustee or director
5$0$0$0
Cindy KaneBOARD MEMBER
Trustee or director
5$0$0$0
David GoldsteinBOARD MEMBER
Trustee or director
5$0$0$0
Dolores GarciaBOARD MEMBER
Trustee or director
5$0$0$0
Don AripoliBOARD MEMBER
Trustee or director
5$0$0$0
Donna L LonghouseBOARD MEMBER
Trustee or director
5$0$0$0
Dr Andy HaferBOARD MEMBER
Trustee or director
5$0$0$0
Dr Panos VasiloudesBOARD MEMBER
Trustee or director
5$0$0$0
Elizabeth KrystynBOARD MEMBER
Trustee or director
5$0$0$0
Elodie DorsoBOARD MEMBER
Trustee or director
5$0$0$0
George MorganBoard Member
Trustee or director
5$0$0$0
Joie S Chitwood IIIBOARD MEMBER
Trustee or director
5$0$0$0
Juan Carlos JC PradoBOARD MEMBER
Trustee or director
5$0$0$0
Julius D DavisBOARD MEMBER
Trustee or director
5$0$0$0
Laura CrouchBOARD MEMBER
Trustee or director
5$0$0$0
Merritt MartinBOARD MEMBER
Trustee or director
5$0$0$0
Michelle LynchBOARD MEMBER
Trustee or director
5$0$0$0
Michelle TurmanBOARD MEMBER
Trustee or director
5$0$0$0
Ray Chip Newton IIIBOARD MEMBER
Trustee or director
5$0$0$0
Robert DonaldsonBOARD MEMBER
Trustee or director
5$0$0$0
Sam BarringtonBOARD MEMBER
Trustee or director
5$0$0$0
Sam LazzaraBOARD MEMBER
Trustee or director
5$0$0$0
Sheetal PatelBOARD MEMBER
Trustee or director
5$0$0$0
Stephanie GoforthBOARD MEMBER
Trustee or director
5$0$0$0
Stephen FesslerBoard Member
Trustee or director
5$0$0$0
Supriya TanejaBOARD MEMBER
Trustee or director
5$0$0$0
William MariottiBOARD MEMBER
Trustee or director
5$0$0$0
990 for the year ended June 30, 2024: 52 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Rhea LawPRESIDENT, UNIVERSITY OF SOUTH FLORIDA
Trustee or director
5$0$1,057,950$153,036
Jay StromanSR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION
Officer
40$0$655,473$100,194
Richard SobierayUSF SVP BUSINESS AND FINANCE (THROUGH OCT 2023)
Trustee or director
5$0$608,736$36,071
Dr Prasant MohapatraUSF EXEC VP & PROVOST
Trustee or director
5$0$512,156$49,730
Karen HolbrookRegional Chancellor
Highest-paid employee
40$0$347,852$26,698
Christian HardigreeRegional Chancellor
Highest-paid employee
40$0$315,246$44,933
Noreen SegrestVICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND COO
Officer
40$0$310,884$37,580
Steve BlairPRINCIPAL GIFT OFFICER
Highest-paid employee
40$0$304,235$37,245
Jennifer CondonUSF INTERIM CFO (BEG OCT 2023)
Trustee or director
5$0$292,528$36,097
Jennifer McAfeeSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Key employee
40$0$277,462$44,873
Rob FischmanVICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO
Officer
40$0$274,845$35,751
Kelley GibsonSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Key employee
40$0$261,712$34,873
Lelo PradoASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Highest-paid employee
40$0$245,261$25,705
Bill McCauslandVice President & Executive Director of Alumni
Key employee
40$0$234,736$33,646
Arty GiallourakisAssociate VP Health Development and Alumni Relations
Key employee
40$0$226,549$34,027
Marion YongueAssociate Vice President of Development
Highest-paid employee
40$0$213,707$30,635
Kristin GreenASSISTANT VICE PRESIDENT
Key employee
40$0$158,276$28,123
Pam PradoChief of Staff, University Advancement
Officer
40$0$149,741$21,849
Dr Gilbert T GonzalezBOARD MEMBER
Trustee or director
5$0$10,000$0
Anthony R JamesChair
Trustee or director, Officer
5$0$0$0
Ashley ButlerSecretary
Trustee or director, Officer
5$0$0$0
Debbie Nye SemblerVice Chair
Trustee or director, Officer
5$0$0$0
Jose ValienteImmediate Past Chair
Trustee or director, Officer
5$0$0$0
Kimberlyann RossTreasurer
Trustee or director, Officer
5$0$0$0
Andrea Gonzmart WilliamsBOARD MEMBER
Trustee or director
5$0$0$0
Anila JainBoard Member
Trustee or director
5$0$0$0
Anthony UmholtzBOARD MEMBER
Trustee or director
5$0$0$0
April Rose GrajalesBoard Member
Trustee or director
5$0$0$0
Brad BernsteinBoard Member
Trustee or director
5$0$0$0
Christine TurnerBOARD MEMBER
Trustee or director
5$0$0$0
David GoldsteinBOARD MEMBER
Trustee or director
5$0$0$0
Dolores GarciaBOARD MEMBER
Trustee or director
5$0$0$0
Donna L LonghouseBOARD MEMBER
Trustee or director
5$0$0$0
Dr Andy HaferBOARD MEMBER
Trustee or director
5$0$0$0
Dr Panos VasiloudesBOARD MEMBER
Trustee or director
5$0$0$0
Elizabeth KrystynBOARD MEMBER
Trustee or director
5$0$0$0
George MorganBoard Member
Trustee or director
5$0$0$0
Grace Maseda-SainzBOARD MEMBER
Trustee or director
5$0$0$0
Joie S Chitwood IIIBOARD MEMBER
Trustee or director
5$0$0$0
Julius D DavisBOARD MEMBER
Trustee or director
5$0$0$0
Keri GawrychBOARD MEMBER (THROUGH JAN. 2024)
Trustee or director
5$0$0$0
Laura CrouchBOARD MEMBER
Trustee or director
5$0$0$0
Merritt MartinBOARD MEMBER
Trustee or director
5$0$0$0
Michelle LynchBOARD MEMBER
Trustee or director
5$0$0$0
Michelle TurmanBOARD MEMBER
Trustee or director
5$0$0$0
Rebecca BastBOARD MEMBER
Trustee or director
5$0$0$0
Robert DonaldsonBOARD MEMBER
Trustee or director
5$0$0$0
Sam BarringtonBOARD MEMBER
Trustee or director
5$0$0$0
Stephanie GoforthBOARD MEMBER
Trustee or director
5$0$0$0
Stephen FesslerBoard Member
Trustee or director
5$0$0$0
Steve GriggsBOARD MEMBER
Trustee or director
5$0$0$0
William MariottiBOARD MEMBER
Trustee or director
5$0$0$0
990 for the year ended June 30, 2023: 50 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Rhea LawPRESIDENT, UNIVERSITY OF SOUTH FLORIDA
Trustee or director
5$0$1,127,319$152,413
Jay StromanSR. VICE PRESIDENT, UNIVERSITY ADVANCEMENT AND CEO, USF FOUNDATION
Officer
40$0$617,146$91,092
Richard SobierayUSF SVP BUSINESS AND FINANCE
Trustee or director
5$0$641,298$38,139
DR RALPH WILCOXUSF EXEC VP & PROVOST (thru Aug 2022)
Trustee or director
5$0$532,713$24,926
DR ERIC EISENBERGINTERIM USF EXEC VP & PROVOST (AUG 2022 THRU MARCH 2023)
Trustee or director
5$0$474,787$43,672
Steve BlairPRINCIPAL GIFT OFFICER
Highest-paid employee
40$0$295,560$36,830
Noreen SegrestVICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND CHIEF OPERATING OFFICER
Key employee
40$0$290,109$36,533
Jennifer McAfeeSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Key employee
40$0$260,944$37,653
Rob FischmanVICE PRESIDENT, BUSINESS & FINANCE AND USF FOUNDATION CFO
Officer
40$0$258,169$34,826
Kelley GibsonSENIOR ASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Key employee
40$0$244,910$34,006
Lelo PradoASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Highest-paid employee
40$0$222,885$22,372
Dan CaterinicchiaAssociate VP Marketing and Communications
Highest-paid employee
40$0$215,171$29,925
Arty GiallourakisAssociate VP Health Development and Alumni Relations
Key employee
40$0$213,299$31,392
Marion YongueASSOCIATE VICE PRESIDENT OF DEVELOPMENT
Highest-paid employee
40$0$199,890$30,005
Kristin GreenASSISTANT VICE PRESIDENT
Highest-paid employee
40$0$147,831$27,581
PAM PRADOChief of Staff, University Advancement
Officer
40$0$124,813$17,261
Anthony Reginald JamesChair
Trustee or director, Officer
5$0$0$0
Ashley Monique ButlerSecretary
Trustee or director, Officer
5$0$0$0
Debbie Nye SemblerVice Chair
Trustee or director, Officer
5$0$0$0
Jose Eduardo ValienteImmediate Past Chair
Trustee or director, Officer
5$0$0$0
KimberlyAnn RossTreasurer
Trustee or director, Officer
5$0$0$0
Andrea Gonzmart WilliamsBOARD MEMBER
Trustee or director
5$0$0$0
Anila JainBOARD MEMBER
Trustee or director
5$0$0$0
Anthony UmholtzBOARD MEMBER
Trustee or director
5$0$0$0
April Rose GrajalesBOARD MEMBER
Trustee or director
5$0$0$0
Brad BernsteinBOARD MEMBER
Trustee or director
5$0$0$0
Christine TurnerBOARD MEMBER
Trustee or director
5$0$0$0
David GoldsteinBOARD MEMBER
Trustee or director
5$0$0$0
Dolores GarciaBOARD MEMBER
Trustee or director
5$0$0$0
Donna LonghouseBOARD MEMBER
Trustee or director
5$0$0$0
Dr Andy HaferBOARD MEMBER
Trustee or director
5$0$0$0
Dr Gilbert T GonzalezBOARD MEMBER
Trustee or director
5$0$0$0
DR Prasant MohapatraUSF EXEC VP & PROVOST (BEGINNING MARCH 2023)
Trustee or director
5$0$0$0
Elizabeth KrystynBOARD MEMBER
Trustee or director
5$0$0$0
George MorganBOARD MEMBER
Trustee or director
5$0$0$0
Grace Maseda-SainzBOARD MEMBER
Trustee or director
5$0$0$0
Joie Chitwood IIIBOARD MEMBER
Trustee or director
5$0$0$0
Julius D DavisBOARD MEMBER
Trustee or director
5$0$0$0
Laura CrouchBOARD MEMBER
Trustee or director
5$0$0$0
Martin MartinBOARD MEMBER
Trustee or director
5$0$0$0
Michelle LynchBOARD MEMBER
Trustee or director
5$0$0$0
Michelle TrumanBOARD MEMBER
Trustee or director
5$0$0$0
Panos VasiloudesBOARD MEMBER
Trustee or director
5$0$0$0
Rebecca BastBOARD MEMBER
Trustee or director
5$0$0$0
Robert DonaldsonBOARD MEMBER
Trustee or director
5$0$0$0
Sam BarringtonBOARD MEMBER
Trustee or director
5$0$0$0
Stephanie GoforthBOARD MEMBER
Trustee or director
5$0$0$0
Stephen FesslerBOARD MEMBER
Trustee or director
5$0$0$0
Steve GriggsBOARD MEMBER
Trustee or director
5$0$0$0
William MariottiBOARD MEMBER
Trustee or director
5$0$0$0

Address and contacts

Address (IRS master file)
4202 EAST FOWLER AVENUE ALC 100, TAMPA, FL 33620-9951
In care of
% ROBERT FISCHMAN
Principal officer (990 for 2024)
JAY STROMAN, 4202 EAST FOWLER AVENUE ALC 100, TAMPA, FL 33620
Signed the 990
Rob Fischman, CFO
Phone
(813) 974-1801
Return prepared by
Crowe LLP

Mission

University of South Florida Foundation, Inc.'s mission is to provide charitable and educational aid to the University of South Florida; to promote education and other related activities of the University; and to encourage research, learning and dissemination of information in which the University is carrying on activities.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION SERVES AS THE OFFICIAL LEGAL CONDUIT FOR THE ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF PRIVATE GIFTS IN SUPPORT OF THE ACTIVITIES AND PROGRAMS OF THE UNIVERSITY OF SOUTH FLORIDA WHICH INCLUDES THE COLLEGES, CAMPUSES, HEALTH, ATHLETICS, AND OTHER APPROPRIATE UNIVERSITY-RELATED UNITS. SUPPORT IS GIVEN TO USF BY PROVIDING FUNDING FOR THE ENDOWED CHAIRS, GRANTS AND STUDENT SCHOLARSHIPS AMONG OTHER ACTIVITIES.
    Expenses $70,388,946 · grants $70,204,382 · revenue $2,541,640

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-0879015
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1960
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$1,017,746,815
Income (IRS master file)
$568,247,324

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$187,811,816$80,911,059$1,017,746,815IRS
990-TJune 2025–––IRS
990June 2024$126,387,180$97,953,413$920,341,296IRS
990-TJune 2024–––IRS
990June 2023$68,468,169$100,413,985$837,528,240XML
990-TJune 2023–––IRS
990June 2022$141,849,189$103,581,818$821,074,602IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-0879015).

Questions about UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC

What is the EIN of UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC is 59-0879015.
Is UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
Are donations to UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JAY STROMAN.
Who are the officers and directors of UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 58 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY OF SOUTH FLORIDA FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $187,811,816, expenses of $80,911,059 and total assets of $1,017,746,815 at year end.

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