EIN 59-6211832

University of Central Florida Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1968
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The UCF Foundation Inc is the official fundraising organization for the University of Central Florida. It is a 501(c)(3) nonprofit organization and the university’s primary partner in securing philanthropic resources.
Total revenues
$73,785,645
2022
Total expenses
$46,933,415
2022
Total assets
$583,855,216
2022
Num. employees
0
2022

Program areas at University of Central Florida Foundation

Athletics expenses paid in support of the ucf athletics program provide student-athletes with a championship-level experience. The chargeon fund raises funds to ensure ucf's student-athletes continue to excel in competition, in the classroom, and in the community. In the classroom, the average gpa for student-athletes has exceeded a 3.0 benchmark during each term for the 30 consecutive semesters, which is the longest streak in school history. In addition, 48 student-athletes earned a 4.0 gpa in the fall 2022 semester. Ucf is among four schools to join the big 12 conference in 2023; as such ucf athletics seeks to increase its donor base through its mission xii initiative. Last fiscal year, more than 10,000 ucf athletics donors supported student-athletes; that number is anticipated to grow as ucf joins the big 12.
Ucff is dedicated to enriching the lives of ucf students and solicits donations to support scholarships to benefit them. Scholarship funds are transferred to the University for administration and processing and are designed to reward, inspire, and assist students in pursuing academic excellence and help attract a diverse student body ucf set records for diversity in fall 2022 with 49.7% of minority students, and 28.2% hispanic/latinx. The fall 2022 freshman class set a new bar for academic excellence with an average gpa of 4.23 and average sat scores of 1334. Ucf ranks second among Florida's state universities with 367 national merit scholars enrolled. $108.2 million was awarded to bright futures students, the second-largest amount in Florida. Seventy-two percent of undergraduates received financial aid, with a total of $615.7 million awarded. Sixty-two percent of ftic (first time in college) students at ucf graduate without any educational debt; kiplinger and forbes rank ucf among the nation's best education values.
Academic expenses paid in support of the ucf programs include funding for academic programs, salaries for University employees and fellowships to reward some of ucf's most accomplished and promising students. Outstanding faculty inspire students, foster and enhance strong academic programs and serve as a key element to institutional excellence. Endowed chairs, eminent scholar positions and distinguished professorships are prestigious academic positions held by the University's most esteemed faculty and spending to support these positions helps the University maintain a high academic standard. Spending to support research projects and innovative programs further enriches the ucf learning experience. The ucf Foundation, Inc. closed its books at the end of june 2022 with $76 million in gifts and commitments exceeding the goal set by University leaders. This represented the support of more than 46,000 donors who gave 202,846 gifts. The ucf challenge, the University's co-investment program created to leverage the 2021 $40 million transformational gift from philanthropist mackenzie scott, raised $10.4 million for student success, scholars' programs and faculty excellence.
Other program services directly related to the Foundation's mission.

Grants made by University of Central Florida Foundation

GranteeGrant descriptionAmount
University of Central Florida Research FoundationResearch Activity$1,292,669
Ucf Convocation CorporationConvocation Center Support$696,636
Golden Knights CorporationAthletics Stadium Support$255,080
...and 1 more grant made

Who funds University of Central Florida Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dr PhillipsCapital for Facility$2,525,000
Helios Education FoundationSee Part Iv$2,000,000
Tavistock FoundationSupport for Operations$400,000
...and 77 more grants received totalling $8,262,093

Personnel at University of Central Florida Foundation

NameTitleCompensation
Rodney M GrabowskiChief Executive Officer
Rachel Schaefer18mnm Associate Vice President for Advancement Strategy and Chief Operating Officer / Chief Operating Officer / Assistant Vice President , Advancement Strategy / Assistant Vice President Development$0
Glen DawesAssociate Vice President for Advancement and Chief Financial Officer$0
Chris Huff '00Director of Development , Chargeon Fund / Director of Development , Championship Resources / Board Member
Nick SmithAssociate Athletics Director and Senior Director of Development, Chargeon Fund
...and 13 more key personnel

Financials for University of Central Florida Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$50,003,059
Program services$912,348
Investment income and dividends$1,966,251
Tax-exempt bond proceeds$0
Royalty revenue$125,646
Net rental income$11,347,187
Net gain from sale of non-inventory assets$9,372,020
Net income from fundraising events$-15,241
Net income from gaming activities$0
Net income from sales of inventory$38,580
Miscellaneous revenues$35,795
Total revenues$73,785,645

Form 990s for University of Central Florida Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-09990View PDF
2020-062021-05-05990View PDF
2019-062020-11-18990View PDF
2018-062019-06-19990View PDF
2017-062018-10-16990View PDF
...and 7 more Form 990s
Data update history
July 1, 2023
Updated personnel
Identified 11 new personnel
May 19, 2023
Updated personnel
Identified 9 new personnel
May 12, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
May 8, 2023
Received grants
Identified 5 new grant, including a grant for $1,320,000 from Dr Phillips
August 3, 2022
Received grants
Identified 6 new grant, including a grant for $152,000 from Lettie Pate Whitehead Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyProvides grantsLobbyingConservation easementFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
12424 Research Pkwy Suite 140
Orlando, FL 32826
Metro area
Orlando-Kissimmee-Sanford, FL
County
Orange County, FL
Website URL
ucffoundation.org/ 
Phone
(407) 882-1220
Facebook page
UCFFoundationInc 
Twitter profile
@ucffoundation 
IRS details
EIN
59-6211832
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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