Overview
What is Florida State University Research Foundation Inc?
Florida State University Research Foundation Inc, located at 2000 Levy Avenue, Tallahassee, Florida, is a nonprofit organization dedicated to supporting research and training activities at Florida State University (FSU). They accept and manage contracts and grants from private sources, including non-U.S. federal, state, and local governmental entities. The Foundation processed 205 proposals and 161 awards during the current year. Its mission is to promote, encourage, and facilitate the research and training efforts of FSU faculty, staff, and students through income from various sources. The organization's activities contribute significantly to advancing knowledge and innovation at Florida State University.
Official website here: www.research.fsu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Florida State University Research Foundation Inc has received an 88% rating from Charity Navigator, which reflects a strong performance in accountability and finance metrics. This rating indicates that the organization is well-managed and has effective practices in place to oversee financial operations, with a particular strength in program expense ratio, which stands at an impressive 88.36%.
The foundation has demonstrated solid governance structures, with a good portion of independent board members and comprehensive policies for conflict of interest, whistleblower protections, and document retention. These factors contribute positively to the organization's transparency and accountability, ensuring that it operates in the best interest of its stakeholders.
However, it is noted that only 44% of the board members are independent, which may raise questions about potential conflicts of interest in decision-making. Despite this limitation, the foundation's financial oversight practices and commitment to accountability are evident in their strong score and operational metrics. Overall, the foundation appears to be a reliable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Florida State University Research Foundation Inc legitimate?
Florida State University Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida State University Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $112,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $720,269
For more financial information, click here
Official website here: www.research.fsu.edu
What is the mission statement of Florida State University Research Foundation Inc?
The Florida State University Research Foundation Inc is dedicated to fostering and supporting the research and training activities of faculty, staff, and students at Florida State University. This is accomplished through revenue generated from contracts, grants, and other sources. The organization processes proposals and manages awards to facilitate these research endeavors. In the recent year, they handled 205 proposals and secured 161 awards.
Official website here: www.research.fsu.edu
Who is the CEO of Florida State University Research Foundation Inc?
Mark Riley is the Interim President As Of 4/2/2022 of Florida State University Research Foundation Inc.
Official website here: www.research.fsu.edu
What is the revenue of Florida State University Research Foundation Inc?
Florida State University Research Foundation Inc's revenue in 2022 was $28,107,542.
Official website here: www.research.fsu.edu
Who are the executives of Florida State University Research Foundation Inc and what are their salaries?
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $206,577
- Other: $38,327
- Compensation: $0
- Related: $234,351
- Other: $40,748
- Compensation: $0
- Related: $310,965
- Other: $95,699
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $419,337
- Other: $47,810
- Compensation: $0
- Related: $306,965
- Other: $47,049
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $83,458
- Other: $16,585
- Compensation: $0
- Related: $232,168
- Other: $84,630
- Compensation: $0
- Related: $71,842
- Other: $27,451
- Compensation: $0
- Related: $955,159
- Other: $206,541
- Compensation: $0
- Related: $442,981
- Other: $48,087
- Compensation: $0
- Related: $346,873
- Other: $46,097
Official website here: www.research.fsu.edu
Where can I find the form 990 for Florida State University Research Foundation Inc?
Florida State University Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.research.fsu.edu
Learn more at the official website: www.research.fsu.edu
Mission Statement of Florida State University Research Foundation Inc
Florida State University Research Foundation Inc is a dynamic organization dedicated to fostering the research and training pursuits of faculty, staff, and students at Florida State University (FSU). By securing income from contracts, grants, and various other sources, the Foundation plays a pivotal role in encouraging and facilitating scholarly activities within the academic community.
In the current year alone, the Research Foundation managed 205 proposals and awarded 161 grants. These funds are instrumental in supporting research projects and initiatives at FSU, contributing significantly to its academic growth and reputation. The Foundation's mission is threefold: to promote, encourage, and assist the research and training activities of FSU's faculty, staff, and students through income from external sources. This mission is crucial in enabling FSU to remain at the forefront of research and innovation in its field.
The Research Foundation's role extends beyond just providing financial support. It serves as a bridge between FSU and external entities, facilitating collaborative partnerships and fostering a culture of scholarly excellence. The Foundation's commitment to securing grants and contracts not only bolsters FSU's research capabilities but also strengthens its ties with industry and the wider community. Ultimately, the Florida State University Research Foundation Inc is an indispensable partner in fueling the intellectual momentum and progress at Florida State University.
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Impact
October, 2024
Florida State University Research Foundation Inc significantly enhances the research landscape at Florida State University (FSU) by promoting, encouraging, and facilitating research and training activities among faculty, staff, and students. By securing funds through contracts and grants from private sources, the foundation enables a diverse range of research initiatives that drive academic excellence and innovation.
In the current year, the foundation processed 205 proposals and secured 161 awards, illustrating its vital role in providing necessary financial support for research projects. This engagement not only furthers the scholarly pursuits at FSU but also contributes to advancing knowledge in various fields, ultimately benefiting both the university community and broader society.
Through its efforts, the foundation creates an environment where research thrives, helping to cultivate the next generation of scholars and researchers at FSU, while enhancing the university's reputation as a center of academic and scientific inquiry.
This information is meant to be a general summary of Florida State University Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,590,773
- Program Service Revenue: $15,116,427
- Gross Receipts: $89,250,629
Assets and Liabilities:
- Total Assets: $238,210,385
- Total Liabilities: $69,758,573
- Net Assets: $168,451,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS & GRANTS
Revenue
$11,624,035
RENTAL REVENUE
Revenue
$3,194,790
LICENSING FEES & ROYALTIES
Revenue
$297,602
Organization Details
Founding Year
1993
Phone
(850) 644-8650Principal Officer
Mark Riley
Main Address
2000 LEVY AVENUE 351, TALLAHASSEE, FL, 323105792
Website
www.research.fsu.eduNTEE Category
Code: B110 - Education
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