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
2023-06-01
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
$94,122,372
2023
Total expenses
$47,707,818
2023
Total assets
$639,424,003
2023
Num. employees
0
2023

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. As the knights prepared for their inaugural season in the big 12 conference, an anonymous donor made a gift of $5 million to ucf athletics at the start of 2023, helping to ensure that ucf's student-athletes will have the resources to unleash their full potential on a larger national scale. Since joining the big 12, donations have been setting records. For fiscal year 2023, private donations from ucf's major gift-giving group were up 44%. Ucf student-athletes have extended their record-setting streak in the classroom to 32 consecutive semesters with a department grade-point average of 3.0 or better including nine straight semesters with a 3.3 or higher mark. The knights compiled a combined 3.39 gpa in the 2023 fall semester, the second-highest semester gpa in program history. More than 75% of student-athletes posted a gpa of 3.0 or higher in the fall semester and 66 earned a 4.0 gpa.
Ucf 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. The fall 2023 freshman class had an average sat score of 1332 and an average high school gpa of 4.25. In addition, ucf set records for diversity in fall 2023 with 50.7% minority students and 29.2% hispanic students. Ucf is the largest University by enrollment in Florida with 69,320 students, including 59,548 undergraduates, 9,294 graduate students and 478 md students. Ucf ranks second among Florida's state universities with 346 national merit scholars enrolled and the six-year graduation rate is 75%. $110.7 million was awarded to bright futures students in fiscal year 2023. Seventy-two percent of undergraduates received financial aid, with a total of $544.7 million awarded. Sixty-eight 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 2023 with $114,331,578 in gifts and commitments far exceeding the goal set by University leaders. This represented the support of more than 48,000 donors who gave 225,052 gifts. In addition, the endowment grew to $228 million, a $13 million increase over fiscal year 2022.
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$918,671
Limbitless SolutionsResearch & Development$256,402
Golden Knights CorporationAthletics Stadium Support$254,196

Who funds University of Central Florida Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dr PhillipsCapital for Facility$2,025,000
Tavistock FoundationSupport for Operations$600,000
Lumina FoundationTo Increase Baccalaureate Degrees and Shorten Time To Complete Those Degrees Among the Florida College System Transfer Population$400,000
...and 80 more grants received totalling $6,058,898

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 06/2023
Total grants, contributions, etc.$67,554,206
Program services$909,512
Investment income and dividends$1,567,773
Tax-exempt bond proceeds$0
Royalty revenue$141,684
Net rental income$20,125,008
Net gain from sale of non-inventory assets$3,782,948
Net income from fundraising events$-8,189
Net income from gaming activities$0
Net income from sales of inventory$14,813
Miscellaneous revenues$34,617
Total revenues$94,122,372

Form 990s for University of Central Florida Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-09990View PDF
2021-062022-04-28990View PDF
2020-062021-05-05990View PDF
2019-062020-11-18990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 29 new grant, including a grant for $400,000 from Lumina Foundation
October 25, 2023
Received grants
Identified 12 new grant, including a grant for $600,000 from Tavistock Foundation
August 19, 2023
Received grants
Identified 55 new grant, including a grant for $2,525,000 from Dr Phillips
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsLobbyingConservation easementFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
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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