The Florida State University Foundation Inc

TALLAHASSEE, FL, 32301 (850) 644-6000 Est. 1960 EIN 59-6152180
B114 - Education 990 - Public charity return 501(c)(3)
www.foundation.fsu.edu

Mission

THE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS, ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU, SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT, INVESTING AND EXPENDING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU, AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU.

Giving Portfolio

Total Grants
36
Total Giving
$225.4M
Recipients
36
Years Active
2017 - 2024
Avg grant: $8,470,262 Median: $125,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$34.5M $11.5M03
20234$55.4M $13.8M04
20223$26.8M $8.9M03
20213$27.1M $9.0M03
20204$27.3M $6.8M04
20194$30.2M $7.5M04
201715$24.1M $1.6M150

Sectors Funded

Education
14
Unknown
1
Arts, Culture & Humanities
1

Top States

Florida
33
Ohio
1
Pennsylvania
1
Wisconsin
1

Grantee Size Profile

$1M - $5M
9
$500K - $1M
8
$10M - $50M
5
$5M - $10M
1

Top Grantees

Page 1 of 2

Grants Awarded · 33 grants

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Financials

Total Revenue
$123,882,201
Total Expenses
$87,562,834
Net Assets
$1,135,391,168
402 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 13.6%
Expenses ↓ 15.1%
Revenue Sources
Contributions 48.5% Earned revenue 1.3% Investment 49.8%
Expense Breakdown
Program 63.0% Management 32.5% Fundraising 4.5%

Officers & Trustees (44)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$123,882,201 ↑$87,562,834$1,135,391,168
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$109,073,173 ↑$103,086,035$1,040,830,160
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$96,038,685 ↓$76,186,009$973,397,191
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$127,907,940 ↑$78,001,557$919,148,794
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$97,116,906 ↑$69,286,321$930,230,735
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$57,370,131 ↓$68,306,331$694,040,792
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$63,251,375 $59,126,501$714,533,606

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EIN: 59-6152180 · Source: IRS Form 990 e-file data