2024-04-26T07:39:01-05:00 2023-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2022-07-01 237047106 FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC FLOR 3053483758 11200 SW 8TH STREET MARC 531 MIAMI FL 331992516 ADALIO SANCHEZ CHAIR 3053483758 2023-10-15 1 ADALIO SANCHEZ 999009999 0 KEN KURDZIEL P00060407 3523781331 2024-04-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ADALIO SANCHEZ 11200 SW 8TH STREET MARC 531 MIAMI FL 331992516 206905385 0 X HTTPS://GIVE.FIU.EDU/BUSINESS-GOVERNANCE/ X 1969 FL TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR FIU AND ITS OBJECTIVES. 43 40 79 41 0 0 42053425 46759330 0 0 26193188 -1522360 1350789 -305688 69597402 44931282 55856046 40902034 0 0 0 2521491 75000 191245 8305691 19597103 9112368 75528149 52727138 -5930747 -7795856 421867063 445054887 9167265 7514825 412699798 437540062 X TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF FLORIDA INTERNATIONAL UNIVERSITY AND ITS OBJECTIVES (SEE SCHEDULE O FOR CONTINUATION). THE ORGANIZATION IS GOVERNED BY A BOARD OF DIRECTORS, WHOSE MEMBERS PLAY A SIGNIFICANT ROLE IN THE DEVELOPMENT OF THE UNIVERSITY AS A MAJOR EDUCATIONAL, CULTURAL AND ECONOMIC RESOURCE. THROUGH THE INVOLVEMENT OF THE DIRECTORS AND THEIR CONTRIBUTION OF TIME, LEADERSHIP AND FINANCIAL RESOURCES, THE MISSION OF THE UNIVERSITY IS ADVANCED. 0 0 41419532 40902034 170786 THE FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION ACCEPTS CHARITABLE DONATIONS TO SUPPORT FLORIDA INTERNATIONAL UNIVERSITY IN ITS GOAL TO BE A LEADING URBAN PUBLIC RESEARCH UNIVERSITY FOCUSED ON STUDENT LEARNING, INNOVATION, AND COLLABORATION. THE FOUNDATION SUPPORTS THE UNIVERSITY'S MISSION BY PROVIDING FUNDS TO SUPPORT A DIVERSE STUDENT POPULATION, EXCEPTIONAL FACULTY, CUTTING EDGE RESEARCH, MODERN FACILITIES, AND COLLABORATIVE ENGAGEMENT WITH OUR LOCAL AND GLOBAL COMMUNITIES. 41419532 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 100 0 1 79 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 43 40 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CA CO FL KY MA MD ME MN ND NH NJ NV NY OH OK OR PA SC UT WA WI WV X ADRIANNE PERDOMO 3053483758 11200 SW 8TH STREET - MARC 530 MIAMI FL 33199 ADALIO T SANCHEZ VICE CHAIR/CHAIR AS OF 6/2023 1.00 0.00 X X 0 0 0 ALBERT R TANO MEMBERSHIP & BOARD CHAIR 1.00 0.00 X 0 0 0 ANDRE L TEIXEIRA TREASURER 1.00 0.00 X X 0 0 0 CANDIDO J VIYELLA DIRECTOR 1.00 0.00 X 0 0 0 CARLOS A SABATER DIRECTOR 1.00 0.00 X 0 0 0 CARMEL J BARRAU DIRECTOR 1.00 0.00 X 0 0 0 CHAD MOSS ATHLETICS SUB-CO CHAIR 1.00 0.00 X 0 0 0 CLAUDIA PUIG DIRECTOR 1.00 0.00 X 0 0 0 CRISTINA DI MAURO DIRECTOR 1.00 0.00 X 0 0 0 DAVID M ZINN DIRECTOR 1.00 0.00 X 0 0 0 DEANNE BUTCHEY EX-OFFICIO - UNTIL 8/31/2022 1.00 40.00 X 0 284796 37554 ELIZABETH M BEJAR EX-OFFICIO 1.00 40.00 X 0 498978 65516 ELLIOT N STONE REAL ESTATE SUB-COM CHAIR 1.00 0.00 X 0 0 0 FRANCIS A HONDAL DIRECTOR - UNTIL 3/29/2023 1.00 0.00 X 0 0 0 FRANCISCO LOPEZ JR DIRECTOR 1.00 0.00 X 0 0 0 GERALD C GRANT JR DIRECTOR 1.00 0.00 X 0 0 0 GINA C DUARTE ROMERO EX-OFFICIO - UNTIL 4/20/2023 1.00 40.00 X 0 31370 0 HUMBERTO CABANAS CHAIRPERSON 1.00 0.00 X X 0 0 0 IRA D GILLER DIRECTOR 1.00 0.00 X 0 0 0 JAMES W LOEWENHERZ DIRECTOR 1.00 0.00 X 0 0 0 JASON A SALTZMAN DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY L HORSTMYER DIRECTOR 1.00 0.00 X 0 0 0 JILL M GRANAT SECRETARY 1.00 0.00 X X 0 0 0 JONATHAN E PERLMAN DIRECTOR 1.00 0.00 X 0 0 0 JUAN CARLOS ALEXANDER EX-OFFICIO 1.00 0.00 X 0 0 0 JUAN J MARTINEZ DIRECTOR 1.00 0.00 X 0 0 0 JUAN R FIGUEREO FOUNDATION ENTERPRISE CHAIR 1.00 0.00 X 0 0 0 LATESSA DOTSON HALL DIRECTOR 1.00 0.00 X 0 0 0 MARCEL L NAVARRO INVESTMENT SUB-COM CHAIR 1.00 0.00 X 0 0 0 MICHAEL A KAPPITT CAMPAIGN & MARKETING CHAIR 1.00 0.00 X 0 0 0 NOEL C BARENGO EX-OFFICIO 1.00 40.00 X 0 172998 35696 NOEL J GUILLAMA-ALVAREZ CAMPAIGN BUDGET TASK CHAIR 1.00 0.00 X 0 0 0 ORLANDO ROCHE DIRECTOR 1.00 0.00 X 0 0 0 RAKESH AND RACHANEE SARNA DIRECTOR 1.00 0.00 X 0 0 0 RICHARD BRILLIANT LONG-TERM STRATEGIC CHAIR 1.00 0.00 X 0 0 0 RICHARD P TONKINSON DIRECTOR 1.00 0.00 X 0 0 0 ROBERT A BAER SR DIRECTOR 1.00 0.00 X 0 0 0 ROBERT M NAMOFF DIRECTOR 1.00 0.00 X 0 0 0 SANTANA WAY EX-OFFICIO/FIU STUDENT GOVERNMENT 1.00 5.00 X 0 4674 0 SERGIO ABREU JR EX-OFFICIO 1.00 0.00 X 0 0 0 STEWART L APPELROUTH AUDIT SUB COMMITTEE CHAIR 1.00 0.00 X 0 0 0 T GENE PRESCOTT EX-OFFICIO 1.00 0.00 X 0 0 0 THOMAS C RAGAN DIRECTOR 1.00 0.00 X 0 0 0 TINA M VIDAL-DUART DIRECTOR 1.00 0.00 X 0 0 0 VALENTINA CASANOVA EX-OFFICIO - UNTIL 5/2/2023 1.00 40.00 X 0 7544 0 WALTER B GONZALEZ JR DIRECTOR 1.00 0.00 X 0 0 0 YOLANGEL HERNANDEZ SUAREZ DIRECTOR 1.00 40.00 X 0 378053 27209 ADRIANNE PERDOMO CONTROLLER & INTERIM ASST. TREASURER AS OF 5/5/23 40.00 0.00 X 36656 83930 30707 HOWARD R LIPMAN CEO - UNTIL 5/30/2023 40.00 0.00 X 307917 150976 48020 MILAGROS GARCIA-CHICA ASST TREASURER - UNTIL 5/5/23 40.00 0.00 X 8827 154329 34568 PABLO G ORTIZ INTERIM CEO AS OF 5/30/2023 40.00 0.00 X 0 278045 85956 ADY ARGUELLES DEVELOPMENT OFFICER 40.00 0.00 X 187709 0 36180 CAROLYN JACKSON AVP - UNTIL 6/1/2023 40.00 0.00 X 171825 0 38190 LINDA LEE MENAGE CCO/INTERIM CDO 40.00 0.00 X 213032 0 38607 MELISSA HERNANDEZ CHIEF ADMINISTRATIVE OFFICER 40.00 0.00 X 188974 0 26335 RAFAEL PROHIAS GENERAL COUNSEL 40.00 0.00 X 0 195011 32412 1114940 2240704 536950 20 0 1 0 IDEO LP 320 FLORIDA STREET SAN FRANCISCO CA 941101411 CONSULTING SERVICES 578303 JPMORGAN CHASE 270 PARK AVENUE NEW YORK NY 10017 INVESTMENT OFFICER & CUSTODIAN 550294 STRATEGIC MEDIA PLACEMENT INC 7669 STAAGERS LOOP DELAWARE OH 43015 ADVERTISING/MEDIA SERVICES 451789 COMPASS GROUP USA INC 2400 YORKMONT ROAD CHARLOTTE NC 28217 CATERING SERVICES 352908 THE CONCORD ADVISORY GROUP LTD ONE ORLANDO CENTRE 1675 800 N MA ORLANDO FL 32803 INVESTMENT MANAGER 106886 13 393604 170899 46194827 840457 46759330 5834631 5834631 1304 1304 261202 472995 -211793 -211793 -211793 153806687 161163678 -7356991 -7356991 -7356991 71445 170899 337430 -265985 -265985 MISCELLANEOUS 900099 104635 104635 ADMISSION REVENUE 711210 35222 35222 STORE REVENUE 455000 28689 28689 2240 2240 170786 44931282 170786 0 -1998834 40902034 40902034 362327 163156 199171 1701597 766232 935365 162093 72991 89102 170431 76745 93686 125043 56307 68736 99719 99719 413959 413959 191245 191245 657976 657976 1865 1865 CAPITAL CAMPAIGN 5136649 5136649 BUSINESS OFFICE OPERATI 1085560 1570 1083990 ADVANCEMENT OPERATIONS 770557 770557 FIU ALUMNI ASSOCIATION 629693 629693 316390 100104 24799 191487 52727138 41419532 3001915 8305691 17620151 17907086 20715897 25651765 46 87635 53935 25210353 2246733 23172178 22963620 150209610 155564251 209489829 222283760 571763 630424 421867063 445054887 1792574 450238 120000 97831 102331 93493 91776 7063367 6870480 9167265 7514825 X 61800500 57871116 7345972 7225742 343553326 372443204 412699798 437540062 421867063 445054887 X -7795856 34116679 -1480559 X 0 1 X 1 0 X 31051625 34204109 96274799 42053425 46759330 250343288 1151654 1283478 1341891 1357991 1359657 6494671 32203279 35487587 97616690 43411416 48118987 256837959 5841340 250996619 3527379 3654996 4287318 10661717 6097137 28228547 285066506 693147 0.88050 0.89690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 413959 413959 41005574 41419533 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 333162 361430 484806 413959 1593357 250000 250000 250000 250000 1000000 1500000 1 11215537 1381291 454147 12142681 1 X 284292410 6590144 29140468 13391672 306631350 276410044 45173370 -24121505 13169499 284292410 218684250 6375715 63059221 11709142 276410044 216382258 7769388 6150622 11618018 218684250 209236634 7314608 10789520 10958504 216382258 0.66890 0.33110 0 0 15251821 3555558 18807379 5558312 1511644 4046668 844662 735089 109573 22963620 INTERNATIONAL EQUITY SECURITY 92566823 F CORPORATE BONDS 45098925 F LIMITED PARTNERSHIPS 79726979 F NATURAL RESOURCE EQUITIES 4891033 F 222283760 DUE TO FLORIDA INTERNATIONAL UNIVERSITY 6378440 SPLIT INTEREST OBLIGATION 492040 6870480 X 85481788 34116679 7677910 -1396532 40398057 45083731 657976 -810425 -152449 44931282 60641668 7677910 894596 8572506 52069162 657976 657976 52727138 PART IV, LINE 1B: IN MARCH 2016, THE NATIONAL INSTITUTES OF HEALTH ("NIH") AWARDED A GRANT IN THE AMOUNT OF $9,500,000 TO THE UNIVERSITY, WITH ANNUAL INSTALLMENTS IN THE AMOUNT OF $1,900,000 PAYABLE OVER FIVE YEARS IN SUPPORT OF RESEARCH IN THE AREA OF MINORITY HEALTH AND HEALTH DISPARITIES. PURSUANT TO THE TERMS OF THE GRANT, THE NIH REQUIRES THAT THE FUNDS BE HELD AS AN ENDOWMENT FOR A PERIOD OF AT LEAST 20 YEARS. THEREAFTER, THE FUNDS MAY BE USED TO SUPPORT THIS RESEARCH INITIATIVE. THE UNIVERSITY TRANSFERRED A TOTAL OF $9,500,000 AS OF JUNE 30, 2023 TO THE FOUNDATION TO BE HELD AS A TERM ENDOWMENT. THE ENDOWMENT WILL BE MANAGED CONSISTENT WITH THE FOUNDATION'S POLICIES AND PROCEDURES. THE ENDOWMENT'S MARKET VALUE IS REFLECTED WITHIN THE STATEMENTS OF FIDUCIARY NET POSITION AND THE ANNUAL APPRECIATION IS PRESENTED IN THE STATEMENTS OF REVENUES, EXPENSES, AND CHANGES IN FIDUCIARY NET POSITION. PART IV, LINE 2B: THE FOUNDATION HOLDS FUNDS DEPOSITED FOR DISBURSEMENT PROCESSING ON BEHALF OF A FAMILY FOUNDATION IN THE AMOUNT OF $102,331. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF DONATIONS RECEIVED BY THE FOUNDATION IN WHICH THE DONOR HAS FORMALLY INDICATED THAT THE FUNDS MUST BE HELD AND INVESTED IN PERPETUITY. EARNINGS DERIVED FROM THE INVESTED ENDOWED FUNDS ARE AVAILABLE FOR SPENDING BASED ON THE DONOR'S EXPLICIT INTENT. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IF THE FOUNDATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST AND PENALTIES WOULD BE REPORTED AS INCOME TAXES. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSES NETTED WITH CONTRIBUTIONS ON FS -1,396,559. REVENUE FROM RELATED ORGANIZATION (REPORTED ON CONSOLIDATED FS) 27. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON 990 PART VIII -472,995. SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -337,430. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM RELATED ORGANIZATION (REPORTED ON CONSOLIDATED FS) 171. RENTAL EXPENSES REPORTED ON 990 PART VIII 472,995. CHANGE IN ANNUITY VALUE 84,000. SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 337,430. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 16740699 0 0 0 0 0 0 16740699 0 16740699 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X X X X 1 THE SUPERLATIVE GROUP 2843 FRANKLIN BLVD CLEVELAND OH 44113 SPONSORSHIP & NAMING RIGHTS CONSULTING SERVICES 0 0 191245 -191245 191245 -191245 AK CA CO FL KY MA MD ME MN ND NH NJ NV NY OH OK OR PA SC UT WA WI WV TORCH AWARDS 67854 44409 23445 42880 10768 68254 30266 BREW MIAMI 60521 36838 23683 9054 6386 67171 4 113969 89652 24317 4375 40452 16174 41650 242344 170899 71445 56309 51220 90814 139087 337430 -265985 1 HERBERT WERTHEIM COLLEGE OF MEDICINE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 3971869 0 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF BUSINESS ADMINISTRATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2643657 0 UNIVERSITY/STUDENT ASSISTANCE WOLFSONIAN MUSEUM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1307322 0 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF ARTS SCIENCES & EDUCATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1429936 0 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY BUILDING PROGRAM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 6512498 0 UNIVERSITY/STUDENT ASSISTANCE ATHLETICS FUND - GOLDEN PANTHERS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1430650 0 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY WIDE SCHOLARSHIPS & PROGRAMS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1055786 0 UNIVERSITY/STUDENT ASSISTANCE CHAPLIN SCHOOL OF HOSPITALITY & TOURISM MANAGEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2896156 0 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF ENGINEERING & COMPUTING 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1987616 0 UNIVERSITY/STUDENT ASSISTANCE NICOLE WERTHEIM COLLEGE OF NURSING & HEALTH SCIENCES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2104528 0 UNIVERSITY/STUDENT ASSISTANCE FROST ART MUSEUM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 478499 0 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF COMMUNICATION ARCHITECTURE & THE ARTS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1954586 0 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF LAW 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 236043 0 UNIVERSITY/STUDENT ASSISTANCE OFFICE OF ENGAGEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 305343 0 UNIVERSITY/STUDENT ASSISTANCE ROBERT STEMPEL SCHOOL OF PUBLIC HEALTH & SOCIAL WORK 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1458463 0 UNIVERSITY/STUDENT ASSISTANCE ACADEMIC AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2527473 0 UNIVERSITY/STUDENT ASSISTANCE KNIGHT FOUNDATION SCHOOL OF COMPUTING AND INFORMATION SCIENCES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2023664 0 UNIVERSITY/STUDENT ASSISTANCE HONORS COLLEGE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 195438 0 UNIVERSITY/STUDENT ASSISTANCE FIU LIBRARIES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 154334 0 UNIVERSITY/STUDENT ASSISTANCE STUDENT AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 319993 0 UNIVERSITY/STUDENT ASSISTANCE EXTERNAL RELATIONS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 7371 0 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY ADVANCEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2950 0 UNIVERSITY/STUDENT ASSISTANCE HUMAN RESOURCES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 18030 0 UNIVERSITY/STUDENT ASSISTANCE DIVISION OF RESEARCH 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2346833 0 UNIVERSITY/STUDENT ASSISTANCE STEVEN J GREEN SCHOOL OF INTERNATIONAL & PUBLIC AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1131263 0 UNIVERSITY/STUDENT ASSISTANCE STUDENT ACCESS & SUCCESS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 290600 0 UNIVERSITY/STUDENT ASSISTANCE GOVERNMENT RELATIONS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 24610 0 UNIVERSITY/STUDENT ASSISTANCE PRESIDENT'S OFFICE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 5727 0 UNIVERSITY/STUDENT ASSISTANCE FIU ALUMNI ASSOCIATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 218420 0 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY COLLEGE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1000 0 UNIVERSITY/STUDENT ASSISTANCE ADVANCEMENT OPERATIONS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 167554 0 UNIVERSITY/STUDENT ASSISTANCE FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1618328 0 UNIVERSITY/STUDENT ASSISTANCE DIVERSITY EQUITY & INCLUSION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 75494 0 UNIVERSITY/STUDENT ASSISTANCE 1 0 PART I, LINE 2: ALL GRANT FUNDS ARE REVIEWED FOR COMPLIANCE WITH DONOR INTENT AND DISBURSED OR TRANSFERRED IN SUPPORT OF FLORIDA INTERNATIONAL UNIVERSITY. 1 0 0 0 0 0 0 0 0 ELIZABETH M BEJAR EX-OFFICIO 0 498978 0 0 0 0 0 43672 0 21844 0 564494 0 0 HOWARD R LIPMAN CEO - UNTIL 5/30/2023 307917 150976 0 0 0 0 17570 8615 14651 7184 340138 166775 0 0 YOLANGEL HERNANDEZ SUAREZ DIRECTOR 0 378053 0 0 0 0 0 27166 0 43 0 405262 0 0 PABLO G ORTIZ INTERIM CEO AS OF 5/30/2023 0 278045 0 0 0 0 0 64194 0 21762 0 364001 0 0 DEANNE BUTCHEY EX-OFFICIO - UNTIL 8/31/2022 0 284796 0 0 0 0 0 17698 0 19856 0 322350 0 0 LINDA LEE MENAGE CCO/INTERIM CDO 213032 0 0 0 0 0 19381 0 19226 0 251639 0 0 0 RAFAEL PROHIAS GENERAL COUNSEL 0 195011 0 0 0 0 0 21563 0 10849 0 227423 0 0 ADY ARGUELLES DEVELOPMENT OFFICER 187709 0 0 0 0 0 16954 0 19226 0 223889 0 0 0 MELISSA HERNANDEZ CHIEF ADMINISTRATIVE OFFICER 188974 0 0 0 0 0 17131 0 9204 0 215309 0 0 0 CAROLYN JACKSON AVP - UNTIL 6/1/2023 171825 0 0 0 0 0 18964 0 19226 0 210015 0 0 0 NOEL C BARENGO EX-OFFICIO 0 172998 0 0 0 0 0 15840 0 19856 0 208694 0 0 MILAGROS GARCIA-CHICA ASST TREASURER - UNTIL 5/5/23 8827 154329 0 0 0 0 796 13916 1074 18782 10697 187027 0 0 ADRIANNE PERDOMO CONTROLLER & INTERIM ASST. TREASURER 36656 83930 0 0 0 0 3973 9097 5361 12276 45990 105303 0 0 PART I, LINE 3 THE ORGANIZATION RELIED ON FLORIDA INTERNATIONAL UNIVERSITY (FIU), A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO. THE PROCESS TO HIRE THE ORGANIZATION'S CEO INCLUDES A WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE ORGANIZATION'S BOARD OF DIRECTORS. THE PROCESS TO HIRE OTHER OFFICERS OR KEY EMPLOYEES INCLUDES A DETAILED REVIEW OF FIU'S COMPENSATION DEPARTMENT, WHICH INCLUDES AN ANALYSIS OF COMPARABLE SALARIES WITHIN FIU AND THE FLORIDA STATE UNIVERSITY SYSTEM. PART I, LINE 4A THE ASSISTANT VICE PRESIDENT, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $19,661 DURING THE FISCAL YEAR. X 13 840457 FMV 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: THE FIU FOUNDATION HAS A GIFT CLEARING ACCOUNT AT JP MORGAN CHASE FOR THE ACCEPTANCE AND SALE OF GIFTS OF SECURITIES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE BOARD WHEN THE DIRECTORS ARE NOT IN SESSION, SUBJECT ONLY TO SUCH RESTRICTIONS OR LIMITATIONS AS THE DIRECTORS MAY FROM TIME TO TIME SPECIFY, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO ALTER, AMEND, OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OF THE FOUNDATION, TO REMOVE DIRECTORS OR OFFICERS OR TO ELECT OFFICERS. THE EXECUTIVE COMMITTEE MAY ELECT DIRECTORS THAT HAVE BEEN RECOMMENDED BY THE MEMBERSHIP & BOARD MANAGEMENT COMMITTEE, PROVIDED THAT THE MEMBERSHIP & BOARD MANAGEMENT COMMITTEE CIRCULATES ITS RECOMMENDATIONS TO THE FULL BOARD PRIOR TO THE EXECUTIVE COMMITTEE MEETING WHERE NEW DIRECTORS WILL BE ELECTED. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE DIRECTORS AT THE NEXT ENSUING MEETING OF THE BOARD, OR WHEN DEEMED SUFFICIENTLY IMPORTANT BY THE CHAIRPERSON AND THE UNIVERSITY PRESIDENT, SUCH ACTIONS SHALL BE REPORTED TO THE DIRECTORS WITHIN THIRTY (30) DAYS AFTER SUCH ACTION IS TAKEN, OR AT A MEETING OF THE DIRECTORS IF A MEETING IS HELD WITHIN THAT PERIOD OF TIME. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE INCLUDED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 RAKESH SARNA, DIRECTOR, AND RACHANEE SARNA, DIRECTOR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B AN INITIAL DRAFT IS REVIEWED BY THE ASSISTANT VICE-PRESIDENT AND THE CHAIR OF THE AUDIT SUBCOMMITTEE FOR ACCURACY BEFORE FORM 990 IS FILED. THE APPROVED DRAFT FORM 990, WITH SCHEDULE B DONOR INFORMATION REDACTED, IS SUBSEQUENTLY SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH FOUNDATION BOARD AND COMMITTEE MEMBER HAS A CONTINUING OBLIGATION TO BE FAMILIAR WITH THE FLORIDA STATUTES REGARDING ETHICS AND CONFLICTS OF INTEREST AND THE TERMS OF THE POLICY; DISCLOSE TO THE FOUNDATION BOARD AND/OR COMMITTEE CHAIR ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT MIGHT REASONABLY GIVE RISE TO A CONFLICT INVOLVING THE FOUNDATION; AND ACKNOWLEDGE BY HIS OR HER EXECUTION OF THE "CONFLICT OF INTEREST DISCLOSURE FORM" THAT HE OR SHE IS IN COMPLIANCE WITH THE LETTER AND SPIRIT OF THIS POLICY AND APPLICABLE LAWS. BEGINNING EVERY FISCAL YEAR A FORM IS MAILED TO EVERY BOARD MEMBER FOR REVIEW AND UPDATE. FORM 990, PART VI, SECTION B, LINE 15 THE FILING ORGANIZATION (FOUNDATION) DOES NOT HAVE ANY EMPLOYEES AS ALL EMPLOYEES ARE OF FLORIDA INTERNATIONAL UNIVERSITY (FIU). ALL EMPLOYEES ARE DIRECTLY PAID BY FIU; HOWEVER, THE FUNDING SOURCE FOR EACH EMPLOYEE MAY BE SPLIT BETWEEN FOUNDATION AND FIU. THE PROCESS TO HIRE THE FOUNDATION'S CEO INCLUDES A WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE FOUNDATION BOARD OF DIRECTORS. THE PROCESS TO HIRE OTHER OFFICERS OR KEY EMPLOYEES INCLUDES A DETAILED REVIEW OF FIU'S COMPENSATION DEPARTMENT, WHICH INCLUDES AN ANALYSIS OF COMPARABLE SALARIES WITHIN FIU AND THE FLORIDA STATE UNIVERSITY SYSTEM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN VALUE OF SPLIT-INTEREST -84,000. PROVISION FOR UNCOLLECTIBLE PROMISE -1,396,559. FORM 990, PART V, LINES 2A AND 2B THE NUMBER OF EMPLOYEES REPORTED ON PART V, LINE 2A REPRESENTS THE NUMBER OF EMPLOYEES OF THE FILING ORGANIZATION DURING THE TAX YEAR 2022 WHICH WERE REPORTED ON FORM W-3 BY FLORIDA INTERNATIONAL UNIVERSITY (FIU). SIMILARLY THE SALARY EXPENSES WERE ALL REPORTED ON FORM 941, EMPLOYER'S QUARTERLY FEDERAL TAX RETURN, OF FIU. 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