University of Florida Foundation, Inc.
They are the fundraising and gift fund management arm of the University of Florida. They connect private donors with their passions at the university, all in support of UF’s three-fold missions of teaching, research and service.
Founded as the University of Florida Endowment Corp. in 1934, the Foundation has worked since the 1950s to encourage alumni and friends to support the University of Florida through private funds and other resources. The Foundation — a non-profit, 501(c)(3) organization (TaxID #59-0974739) — also serves as fiduciary, taking care of the gift assets to ensure they are used in accordance with their donors’ wishes.
Vision: To be a vital partner with the University of Florida by connecting donor resources in the pursuit of excellence.
Mission: To promote the University of Florida, increase philanthropy, manage and grow the endowment, ensure the appropriate use of funds and pursue best governance practices.
Endowments and Total Assets
On June 30, 2014, total assets held for the University of Florida were $1.97 billion. The majority of these assets are maintained in permanent, endowed funds which are invested to produce annual income, while other assets reside in non-endowed, spendable funds. Examples of other assets held include real estate, trust funds, art and history museum collections and even livestock. For more information, please review the 2013 Endowment Management and Investment Performance Report.
Endowment assets are invested through the University of Florida Investment Corporation (UFICO), created in 2004 to manage UF's investment portfolio. UFICO is headed by a Chief Investments Officer who reports to a volunteer board of directors and to the president of the University of Florida.See more