The Florida State University Foundation Inc logo

The Florida State University Foundation Inc

Public charity · Grantmaker Tallahassee, FL EIN: 59-6152180 Website

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.

Key facts about The Florida State University Foundation Inc

In short: The Florida State University Foundation Inc gave $34.5M across 3 grants in 2025 (avg $11.5M), mostly in Florida. Source: 2025 IRS Form 990.

EIN
59-6152180
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$34,535,571
Grants made (2025)
3
Average grant
$11,511,857
Median grant
$1,245,025
Total assets
$1,159,850,643
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.2B

+8.9% YoY

Annual Giving

$34.5M

-37.6% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$11.5M

-16.9% YoY

How The Florida State University Foundation Inc gives

  • Giving grew 27% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Florida State University Foundation Inc

Based on IRS filings

The Florida State University Foundation Inc is a public charity focused on Education, based in Tallahassee, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2B in total assets. In 2025, it awarded 3 grants totaling $34.5M. Net investment income was $61.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

TallahasseeTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M4 grants20194 grants20204 grants20213 grants20223 grants20234 grants20243 grants2025

From 2019 to 2025, annual grant giving ranged from $26.8M (2023) to $55.4M (2024). In 2025 it made 3 grants totaling $34.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

The Florida State University: $33.1MThe Florida State University$33.1MThe Florida State University Alumni Association: $1.2MThe Florida State UniversityAlumni Association$1.2MFlorida State University Research Foundation Inc: $175KFlorida State UniversityResearch Foundation Inc$175K

The largest 2025 recipient was The Florida State University ($33.1M). Together the top 3 received $34.5M.

Grant Size Distribution

17 grants across all recorded years

1<$50K$50–100K9$100–250K$250–500K1$500K–1M1$1–5M5$5M+

The most common grant size was in the $100–250K range: 9 grants of 17 (53%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Florida State University Tallahassee, FLSupport scholarships and University programs$33,115,546
The Florida State University Alumni Association Tallahassee, FLSupport for the Alumni Association$1,245,025
Florida State University Research Foundation Inc Tallahassee, FLSupport for the Research Foundation$175,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50M$100M$150M2019202020212022202320242025
Metric202520242023
Total Assets$1,159,850,643$1,064,931,255$996,438,473
Revenue$123,882,201$109,073,173$96,038,685
Expenses$87,562,834$103,086,035$76,186,009
Net Investment Income$61,635,657$52,611,204$36,251,518

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS April 29, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 23, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS April 27, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS April 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Florida State University Foundation Inc is led by Richard D McCullough, Trustee, Executive Officio Voting & Fsu President since 2024 (on filings since 2022); none of the 44 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard D McCullough

    Trustee, Executive Officio Voting & Fsu President

    Trustee, Executive Officio V & Fsu President → Trustee, Executive Officio Voting & Fsu President, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bridgett Y Birmingham

    Trustee, Executive Officio Voting & Faculty Senate President

    Trustee, Executive Officio V & Faculty Senate President → Trustee, Executive Officio Voting & Faculty Senate President, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Marla A Vickers

    Vice President for University Advancement & Foundation President

    Trustee, Executive Officio V & Vice President for University Advancemen → Vice President for University Advancement & Foundation President, 2024

    On filings since 2023

    10 hrs/week

    No compensation reported

  • Roxanne M Hughes

    Trustee, Executive Officio Voting & Faculty Senate President

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Ashbel C Williams

    Trustee, Chair & Investment Committee

    Trustee, Chair & Investment Committee → Trustee, 2024

    Trustee → Trustee, Chair & Investment Committee, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Christopher E Iansiti

    Trustee, Chair & Executive Committee

    Trustee, Chair & Executive Committee Chair → Trustee & Chair, 2024

    Trustee & Chair → Trustee, Chair & Executive Committee, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas Bartelmo

    Trustee, Chair, Finance Committee & Treasurer

    Trustee → Trustee, Chair, Finance Committee & Treasurer, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jay F Steele

    Trustee, Chair & Audit Committee

    Trustee, Chair & Audit Committee → Trustee, 2024

    Trustee → Trustee, Chair & Audit Committee, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Scott G Price

    Trustee, Chair, Advancement & Donor Engagement

    Trustee → Trustee, Chair, Advancement & Donor Engagement, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Urielle J Laurent

    Trustee, Executive Officio Voting, Chair & Student Foundation

    Trustee, Executive Officio V, Chair & Student Foundation → Trustee, Executive Officio Voting, Chair & Student Foundation, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Yasamin Khosh

    Trustee, Executive Officio Voting, Chair & Student Foundation

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • James A McNeill

    Senior Director of Development & College of Medicine

    Senior Director Development & Medicine → Senior Director of Development & College of Medicin, 2022

    Senior Director of Development & College of Medicin → Senior Director of Development & College of Medicine, 2023

    On filings since 2019

    40 hrs/week

    $147K (2019) → $0 (2025)

  • Andrea K Friall

    Trustee

    Trustee → Trustee, Chair & Donor Stewardship Committee, 2021

    Trustee, Chair & Donor Stewardship Committee → Trustee, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • John W Thiel

    Trustee, Executive Officio Voting & Ubot Advancement Committee

    Trustee → Trustee, Executive Officio V & Fsu Bot, 2021

    Trustee, Executive Officio V & Fsu Bot → Trustee, Executive Officio Voting & Ubot Advancement Committee, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mart P Hill

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • William T Hold

    Trustee, Executive Officio Voting & Presidential Appointee

    Trustee → Trustee, Executive Officio Voting & Presidential Appointee, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kyle D Riva

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Timothy S Gunning

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles R Cottrell

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Judith Hayden

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Nancy B Smilowitz

    Senior Director of Development, College of Arts & Sciences

    Senior Director of Development & College of Arts An → Senior Director of Development, College of Arts & S, 2023

    Senior Director of Development, College of Arts & S → Senior Director of Development, College of Arts & Sciences, 2024

    On filings since 2021

    40 hrs/week

    No compensation reported

  • Yvonne T Brown

    Trustee & Secretary

    Trustee → Trustee & Secretary, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Agnes F Stoops

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Steven Mark Terman

    Senior Director of Development, The John & Mable Ringling Museum of Art

    Senior Director of Development & Ringling → Senior Director of Development, Fsu & Ringling, 2023

    Senior Director of Development, Fsu & Ringling → Senior Director of Development, The John & Mable Ringling Museum of Art, 2024

    On filings since 2022

    40 hrs/week

    No compensation reported

  • Inez E Cohen

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • James L Lee

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jay B Johnson

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kristian Denny

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Lance A Barton

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Lee F Hinkle

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Marilyn J Young

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ralph R Gonzalez

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Robert A Johnson

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Brian K Williams

    Trustee, Executive Officio Voting & Ubot Designee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Bruce W McNeilage

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Catherine M Johnson

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Fred M Tresca

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Henri W Crockett

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Sam W Huckaba

    Trustee, Executive Officio Voting & Provost-Appointed Dean

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Michael D. Hartline

    Former Interim Foundation President

    Trustee, Executive Officio V, Chair & Deans Development Committee → Trustee, Executive Officio V & Interim Vice President for University Ad, 2022

    Trustee, Executive Officio V & Interim Vice President for University Ad → Former Interim Foundation President, 2024

    On filings since 2019

    No compensation reported

  • John F Carrigan

    CFO & Assistant Treasurer

    On filings since 2022

    38 hrs/week

    No compensation reported

  • Caroline L Poole

    Assistant Secretary

    Assistant Vice President of Advisor, Strategic Initiatives & Acting → Assistant Vice President of Advisor, Strategic Initiatives & Assistant Secretary, 2024

    Assistant Vice President of Advisor, Strategic Initiatives & Assistant Secretary → Assistant Secretary, 2025

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Rebecca Eve Fullmer

    Associate Vice President of Advancement Operations

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • Susan Glenn

    Associate Vice President of Advancement, Colleges, Schools & Units

    New on the 2025 filing

    40 hrs/week

    No compensation reported

Former officers (87)
  • Former: Michael C Poland (2019–2024) — Trustee
  • Former: Nancy McKay (2019–2024) — Trustee & Immediate Past Chair
  • Former: Russell T Kohl (2019–2024) — Trustee
  • Former: Sean Pittman (2019–2024) — Trustee & Secretary
  • Former: Steven J Mudder (2019–2024) — Trustee
  • Former: Thomas W. Block (2019–2024) — Former Vice President Adv. Relations & Assistant Secretary
  • Former: Paula P Smith (2020–2024) — Trustee
  • Former: Diahann W Lassus (2021–2024) — Trustee
  • Former: Frank A Hall (2021–2024) — Trustee & Treasurer
  • Former: Tom C Haney (2022–2024) — Trustee
  • Former: William E Coen (2022–2024) — Trustee
  • Former: Eric Muoz (2023–2024) — Trustee
  • Former: Jeffrey T Bauer (2023–2024) — Director & Information Services
  • Former: Michael T Queen (2023–2024) — Trustee, Executive Officio Voting & Provost-Appointed Dean
  • Former: Craig T Lynch Partial Year (2024) — Trustee & Chair-Elect
  • Former: David James VanLone (2024) — Senior Director of Development & College of Business
  • Former: Robert E Rice Partial Year (2024) — Trustee
  • Former: Ruth R Akers Partial Year (2024) — Trustee
  • Former: Andy A. Jhanji (2019–2023) — Former Interim Vice President of University Advancement & Executive
  • Former: Donna M. Abood (2019–2023) — Trustee
  • Former: John M. Lusk (2019–2023) — Trustee
  • Former: Craig T. Lynch (2020–2023) — Trustee, Trusteeship & Engagement Committee Chair
  • Former: Pamela Spencer (2020–2023) — Vice President of Advancement Services
  • Former: Robert E. Rice (2021–2023) — Trustee
  • Former: Arthur L. Fleming (2022–2023) — Trustee
  • Former: Michael D. Hartline Partial Year (2022–2023) — Trustee, Executive Officio V & Interim Foundation President
  • Former: Ruth R. Akers (2022–2023) — Trustee, Chair & Donor Stewardship Committee
  • Former: Eric K. Chicken Partial Year (2023) — Trustee, Executive Officio V & Faculty Senate President
  • Former: Franklin L. Hagenbeck Partial Year (2023) — Trustee
  • Former: Jackson M. Hitchcock Partial Year (2023) — Trustee
  • Former: Thomas W. Block Partial Year (2023) — Vice President Adv. Relations & Assistant Secretary
  • Former: Brandon T. McCray (2019–2022) — Associate Vice President Constituent Programs
  • Former: David B. Lane (2019–2022) — Trustee & Immediate Past Chair
  • Former: Florence H. Ashby (2019–2022) — Trustee
  • Former: Franklin L. Hagenbeck (2019–2022) — Trustee
  • Former: Jeffrey D. Gargiulo (2019–2022) — Trustee
  • Former: Keith D. Carr (2019–2022) — Trustee, Chair & Audit Committee
  • Former: Louis C. Taormina (2019–2022) — Trustee
  • Former: Nan C. Hillis (2019–2022) — Trustee, Chair & Development Committee
  • Former: Eric K. Chicken (2020–2022) — Trustee, Executive Officio V & Faculty Senate President
  • Former: Mark S. Ellis (2020–2022) — Trustee
  • Former: Andy A. Jhanji Partial Year (2022) — Interim Vice President of University Advancement & Executive
  • Former: Cameron Fink Partial Year (2022) — Trustee, Executive Officio V, Chair & Student Foundation
  • Former: Holly Newell Partial Year (2022) — CFO & Assistant Treasurer
  • Former: Jackson M. Hitchcock (2022) — Trustee, Executive Officio V & Chair Student Foundation
  • Former: John E. Thrasher Partial Year (2022) — Trustee, Executive Officio V & Fsu President
  • Former: Marion J. Hargett Partial Year (2022) — Trustee
  • Former: Elizabeth J. Walters (2019–2021) — Trustee
  • Former: Francis J. Nardozza (2019–2021) — Trustee
  • Former: Holly Newell (2019–2021) — CFO & Assistant Treasurer
  • Former: John E. Thrasher (2019–2021) — Trustee, Executive Officio V & Fsu President
  • Former: Marion J. Hargett (2019–2021) — Trustee
  • Former: Michelle Mattox (2019–2021) — Associate Vice President Central Development
  • Former: Paul G. Hudson (2019–2021) — Trustee
  • Former: Perry Fulkerson (2019–2021) — Vice President Central Development
  • Former: Robert B. Mang (2019–2021) — Trustee
  • Former: Timothy A. Cole (2019–2021) — Trustee
  • Former: Cameron Fink (2021) — Trustee, Executive Officio V & Student Foundation
  • Former: James G. Thompson Partial Yr (2021) — Trustee, Executive Officio V, Chair & Student Foundation
  • Former: Kathryn E. Ballard Partial Yr (2021) — Trustee, Executive Officio V & Fsu Bot
  • Former: Scott D. Warren Partial Yr (2021) — Trustee
  • Former: Thomas W. Jennings Partial Yr (2021) — Trustee & President
  • Former: Dean L. Cash (2019–2020) — Trustee
  • Former: John T. Herndon (2019–2020) — Trustee
  • Former: Julie D. Eichenberg (2019–2020) — Trustee
  • Former: Kathryn E. Ballard (2019–2020) — Trustee, Executive Officio V & Fsu Bot
  • Former: Peter H. Collins (2019–2020) — Trustee, Chair & Investment Committee
  • Former: Sherrill W. Ragans (2019–2020) — Trustee
  • Former: Thomas M. Culligan (2019–2020) — Trustee
  • Former: Thomas M. McAlpin (2019–2020) — Trustee
  • Former: Thomas W. Jennings (2019–2020) — Trustee & President
  • Former: William C. Lloyd (2019–2020) — Trustee
  • Former: James G. Thompson (2020) — Trustee, Executive Officio V, Chair & Student Foundation
  • Former: Kristine C. Harper Partial Yr (2020) — Trustee, Executive Officio V & Faculty Senate President
  • Former: Mathew A. Roman Partial Year (2020) — Trustee, Executive Officio V, Chair & Student Foundation
  • Former: Anna Von Gehr (2019) — Co Advisor, External Affairs & Ringling
  • Former: Anne Hamilton-Hold (2019) — Trustee
  • Former: Brett A. Braciak (2019) — Trustee
  • Former: Carlton Disalvo Partial Year (2019) — Trustee, Executive Officio V, Chair & Student Foundation
  • Former: Craig A. Reutlinger (2019) — Trustee
  • Former: Kristine C. Harper (2019) — Trustee, Executive Officio V & Faculty Senate President
  • Former: Mathew A. Roman (2019) — Trustee, Executive Officio V, Chair & Student Foundation
  • Former: Peter D. Jones (2019) — Trustee
  • Former: Stephanie L. Lynch (2019) — Trustee
  • Former: Stuart G. Lasher (2019) — Trustee
  • Former: Todd Adams Partial Year (2019) — Trustee, Executive Officio V & Faculty Senate President
  • Former: Wayne M. Messam (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

No officer or director reported compensation in the available filings.

Frequently asked questions about The Florida State University Foundation Inc

How much does The Florida State University Foundation Inc give each year?

The Florida State University Foundation Inc gave $34.5M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $55.4M across 4 grants.

What is The Florida State University Foundation Inc's typical grant size?

The Florida State University Foundation Inc's median grant in 2025 was $1,245,025, and its average grant was $11,511,857, across 3 grants on its 2025 IRS Form 990.

Where does The Florida State University Foundation Inc give grants?

The Florida State University Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Tallahassee, FL (3 grants).

Does The Florida State University Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Florida State University Foundation Inc's 2025 IRS Form 990 were described as general or operating support.

How large is The Florida State University Foundation Inc?

The Florida State University Foundation Inc reported $1.2B in total assets on its 2025 IRS Form 990. Its revenue that year was $123.9M.

What is The Florida State University Foundation Inc?

The Florida State University Foundation Inc is a public charity focused on Education, based in Tallahassee, FL. It holds $1.2B in total assets as of 2025.

What is The Florida State University Foundation Inc's EIN?

The Florida State University Foundation Inc's EIN (Employer Identification Number) is 59-6152180. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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