About Florida State University Foundation
The Florida State University Foundation enhances the academic vision and priorities of FSU through its organized fundraising activities and funds management.
Focus Areas
Higher educationScholarshipsResearchAcademic programsFundraising and donor stewardship
Who They Fund
university students (scholarship recipients)alumni association membersuniversity-affiliated research organizationsuniversity real estate/land management entities
Funding Style
direct individual support (scholarships)institutional capacity/support for university units
About Florida State University Foundation
A defining feature of The Florida State University Foundation Inc. is its direct support for Florida State University’s scholarships and university programs, including a $54,355,454 grant in 2025, followed by similarly large awards of $26,549,443 in 2024 and $26,884,017 in 2023. That pattern shows a funder working at university scale rather than through a broad external grant portfolio. The foundation’s recent giving also supports FSU-related entities that help carry out institutional priorities, including the Florida State University Alumni Association, the FSU Research Foundation, and the FSU Real Estate Foundation. Those grants point to a structure centered on university operations, research support, alumni engagement, and campus-related initiatives. Its active scholarship program, FSU Foundation Scholarships (FS4U), is built around student financial support and centralizes award management for eligible students. The foundation’s work is closely tied to Florida State University’s academic vision and priorities, with grantmaking aimed at strengthening the university ecosystem across students, research, and affiliated organizations.
What Florida State University Foundation Funds
Scholarship support is the clearest focus. In 2025, the foundation awarded $54,355,454 to The Florida State University for scholarships and university programs, and its FS4U system manages FSU Foundation-funded scholarships for eligible students. Alumni engagement is another recurring area: it gave $750,500 in 2025 to The Florida State University Alumni Association for support of the alumni association. Research support also appears in the recent grants list, with $175,000 in 2025 to Fsu Research Foundation for support for the research foundation. Campus and land-related work is reflected in repeated support for Fsu Real Estate Foundation, including $100,000 in 2025 for support for the real estate foundation.
How Florida State University Foundation Gives
Grant size is uneven, with a p25 of $106,250, a median of $150,000, and a p75 of $20,099,707, reflecting a mix of mid-sized institutional awards and very large university-level support. The recent record suggests recurring support rather than isolated gifts: The Florida State University received major awards in 2023, 2024, and 2025, while the Alumni Association and Fsu Real Estate Foundation also appear across multiple years. The foundation does not fund individuals directly. Its active scholarship program, FS4U, accepts unsolicited scholarship applications through Florida State University’s centralized award management system.
Financial Snapshot
Annual Giving
$34.5M
Total Assets
$1.2B
Total Revenue
$123.9M
Total Expenses
$87.6M
Typical Grant Size
Most grants fall between $106K and $20.1M, with a median of $150K.
25th Percentile
$106K
Median
$150K
75th Percentile
$20.1M
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
Richard D McCullough
Trustee/Ex Officio Voting, FSU President
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