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    3. University Medical Service Association

    University Medical Service Association

    ActiveEducation
    TAMPA, FL8139742120EIN: 23-73133462 filings on record
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    About University Medical Service Association

    The University Medical Service Association Inc directs virtually all of its charitable giving to the University of South Florida College of Medicine, providing large institutional support intended to cover salaries and operating expenses. Its grants are aimed at sustaining academic medical programs, faculty and clinical/educational infrastructure within the Tampa-area medical school. The foundation appears to function as a dedicated supporter of USF's College of Medicine rather than a broadly diversified grantmaker.

    Focus Areas

    Core institutional support for University of South Florida College of MedicineFaculty salaries and personnel costs for academic medicineOperating expenses for medical education and clinical training programsSustaining university-based medical research and infrastructure in Tampa/West Central Florida

    Giving Approach

    Extremely concentrated and repetitive: two very large grants to a single grantee (USF College of Medicine) for unrestricted/salary and operating support.

    Funding Style

    general operating supportsalary supportcapacity maintenance

    Financial Snapshot

    Annual Giving

    $268M

    Total Assets

    $218.8M

    Total Revenue

    $370.1M

    Total Expenses

    $375.3M

    Typical Grant Size

    Most grants fall between $240.5M and $258.8M, with a median of $249.6M.

    25th Percentile

    $240.5M

    Median

    $249.6M

    75th Percentile

    $258.8M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in FL.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    STEVE OMLI

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    Free account · instant fit score · similar funders
    unrestricted/undesignated funding

    Notable grantees: USF College of Medicine

    Topics

    staff salariesadministrative operating expensesoverhead fundingpayroll and benefitsday-to-day organizational costs
    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    USF COLLEGE OF MEDICINETAMPA, FL$267,999,6372024SALARIES & OPERATING EXPENSES
    USF COLLEGE OF MEDICINETAMPA, FL$231,297,5772023SALARIES & OPERATING EXPENSES

    USF COLLEGE OF MEDICINE

    $267,999,637
    TAMPA, FL2024

    SALARIES & OPERATING EXPENSES

    USF COLLEGE OF MEDICINE

    $231,297,577
    TAMPA, FL2023

    SALARIES & OPERATING EXPENSES