EIN 59-0917284

Florida Atlantic University Foundation (FAUF)

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1960
Most recent tax filings
2023-06-01
Description
The Florida Atlantic University Foundation established in 1960, is helping to guide FAU's growth and fine-tune its mission of promoting academic excellence, internationally recognized research and vital public-private partnerships.
Related structure
FAUF is a subordinate organization under Harbor Branch Oceanographic Institution Foundation (HBOIF).
Total revenues
$51,489,358
2023
Total expenses
$33,062,850
2023
Total assets
$437,211,157
2023
Num. employees
0
2023

Program areas at FAUF

Provided general support to the Florida Atlantic University in the form of payments such as but not limited to guest lecturers, operational and conference expenses, travel, consulting, and events.
Provided support for the salaries of the University's eminent scholars, professors, and other faculty and staff.
Provided 1,831 students with scholarships from philanthropic contributions.

Grants made by FAUF

GranteeGrant descriptionAmount
Florida Prepaid College FoundationStudent Scholarships$0

Who funds Florida Atlantic University Foundation (FAUF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tiaa CharitableAnnual Support$1,733,500
Harry T. Mangurian JR FoundationSupport for Athletics, Medical and Business Schools and C.a.r.d.$1,192,000
Builders Initiative FoundationTo Support Community-Based Queen Conch Aquaculture Development on Grand Bahama$1,062,547
...and 93 more grants received totalling $12,127,953

Personnel at FAUF

NameTitleCompensation
David KianInterim Chief Executive Officer$0
Michelle DepalmaChief Financial Officer , As of 12 and 12 and 22$0
Stacey BellChief Financial Officer , Until 7 and 15 and 22$0
David GreenInterim Vice President of Institutional Advancement and Interim Chief Executive Officer of the Fau Foundation , Inc. / Assistant Vice President of Development$0
Kelly Kirkpatrick-MarmolDirector , Advancement / Director of Development / Director of Advancement$0
...and 15 more key personnel

Financials for FAUF

RevenuesFYE 06/2023
Total grants, contributions, etc.$32,459,946
Program services$290,731
Investment income and dividends$7,337,246
Tax-exempt bond proceeds$0
Royalty revenue$370
Net rental income$1,529,729
Net gain from sale of non-inventory assets$9,802,115
Net income from fundraising events$241
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$68,980
Total revenues$51,489,358

Form 990s for FAUF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-03-15990View PDF
2021-062022-04-14990View PDF
2020-062021-04-13990View PDF
2019-062020-08-11990View PDF
...and 12 more Form 990s
Data update history
August 26, 2024
Received grants
Identified 30 new grant, including a grant for $492,000 from Community Foundation of Broward
July 14, 2024
Updated personnel
Identified 5 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $750,000 from Bartley J Madden Foundation
February 3, 2024
Received grants
Identified 37 new grant, including a grant for $1,192,000 from Harry T. Mangurian JR Foundation
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Provides grantsLobbyingConservation easementFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
777 Glades Rd Adm 247
Boca Raton, FL 33431
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
fauf.fau.edu/ 
Phone
(561) 297-2891
Facebook page
faufoundation 
Twitter profile
@faufoundation 
IRS details
EIN
59-0917284
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0188558
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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