Florida Gulf Coast University Financing Corporation
10501 Fgcu Blvd S, Fort Myers, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $20,731,220 | $21,926,368 | $35,398,807 |
| FY2024 | $19,225,027 | $23,681,314 | $36,593,955 |
| FY2023 | $19,684,638 | $18,762,148 | $41,050,242 |
| FY2022 | $19,327,322 | $15,353,767 | $40,127,752 |
| FY2021 | $20,217,169 | $14,312,663 | $36,154,197 |
| FY2020 | $19,416,153 | $17,625,176 | $30,249,691 |
| FY2019 | $19,977,434 | $16,935,396 | $28,458,714 |
| FY2018 | $19,131,836 | $18,895,789 | $25,416,676 |
| FY2017 | $18,698,237 | $24,472,777 | $25,180,629 |
| FY2016 | $20,672,296 | $23,114,734 | $30,955,169 |
| FY2015 | $20,083,905 | $21,044,519 | $33,397,607 |
| FY2014 | $18,467,434 | $14,826,771 | $34,358,221 |
| FY2013 | $18,529,152 | $25,544,336 | $30,717,558 |
| FY2012 | $14,948,564 | $11,488,582 | $37,732,742 |
Form 990 filings
The returns filed by Florida Gulf Coast University Financing Corporation (EIN 11-3685135), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $19,100,572 | 92% |
| Program service revenue | $0 | 0% |
| Other revenue | $1,630,648 | 8% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $21,638,349 | 99% |
| Management & general | $288,019 | 1% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 92% of total revenue in FY2025.
- Program services accounted for 99% of functional expenses, management & general 1%, and fundraising 0%.
- 99% of functional expenses went to program services in FY2025. That is higher than 92.3% of 52 Philanthropy, Voluntarism & Grantmaking Foundations organizations in FL.
- Net assets covered about 19.4 months of expenses at the end of the reporting year. That puts it in the 22nd percentile among 4691 Philanthropy, Voluntarism & Grantmaking Foundations organizations in FL.
- Total revenue was higher than 99% of 4879 Philanthropy, Voluntarism & Grantmaking Foundations organizations in FL.
- Total revenue rose from $14,948,564 in FY2012 to $20,731,220 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2013, FY2015, FY2016, FY2017, FY2024, FY2025).
- Net assets declined from $37,732,742 to $35,398,807 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE ORGANIZATION WAS ESTABLISHED TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY AND TO MAKE EXPENDITURES TO OR FOR THE EXCLUSIVE BENEFIT OF FGCU OR A RESEARCH AND DEVELOPMENT PARK OR RESEARCH AND DEVELOPMENT AUTHORITY AFFILIATED WITH THE UNIVERSITY.
IRS status
| Ruling year | 2003 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T11 — Philanthropy, Voluntarism & Grantmaking Foundations (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
Similar organizations
- Wonderful Life Foundation — West Palm Bch, FL · $21,461,686
- Bravo Family Charitable Foundation — Miami, FL · $19,078,243
- E G Watkins Family Foundation — West Palm Bch, FL · $18,682,517
- Thomas W Smith Foundation — Boca Raton, FL · $18,355,087
- Volunteer Florida Foundation Inc — Tallahassee, FL · $24,948,027
- Nonnas Garden A Private Foundation — Orlando, FL · $25,818,726
- United Jewish Community of Broward County Inc — Davie, FL · $25,844,580
- United Way of Northeast Florida Inc — Jacksonville, FL · $25,954,027
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.