To promote, encourage and enhance the research activities of University of South Florida faculty, staff and students; facilitate commercialization and transfer of USF discoveries and inventions to benefit the public; support economic development in the Tampa Bay region and the State of Florida.
Usf Research Foundation Inc centers its funding on technology transfer office costs at the University of South Florida, with three recent grants of $4,315,316 in 2025, $3,298,798 in 2024, and $2,169,203 in 2023. That pattern shows a foundation focused on the operating side of research commercialization rather than one-off project awards. Its stated purpose is to promote and enhance research by USF faculty, staff, and students, while also facilitating commercialization and transfer of USF discoveries and inventions for public benefit. The foundation also links that work to economic development in the Tampa Bay region and the State of Florida. Beyond the university’s technology transfer function, it supports early-stage innovation through named programs tied to commercialization and startup formation. Those programs include the NSF I-Corps Hub: Southeast @ USF, the Florida High Tech Corridor Early-Stage Innovation Fund, and the Foundation Bull Ring Accelerator Grant. Across these initiatives, the funder’s role is closely tied to research infrastructure, licensing, and the movement of university-developed technologies toward practical use.
Technology commercialization is the foundation’s core emphasis. Through the NSF I-Corps Hub: Southeast @ USF, it supports regional participation in commercialization training for researchers and student teams, linking that participation to NSF I-Corps Teams funding. In early-stage innovation, the Florida High Tech Corridor Early-Stage Innovation Fund backs faculty-developed technologies with commercial or community impact potential. The Foundation Bull Ring Accelerator Grant supports USF start-up companies formed on licensed USF technologies, tying startup formation directly to university intellectual property. The foundation’s broader mission also includes research support and infrastructure, reflected in its recurring support for technology transfer office costs at the University of South Florida. Together, these grants show a pattern centered on translational research, entrepreneurial training, and the movement of USF discoveries into the marketplace.
Typical grants are large: the p25 is $2,734,000, the median is $3,298,798, and the p75 is $3,807,057. The recent record also shows recurring support over multiple years, with the University of South Florida receiving technology transfer office costs in 2023, 2024, and 2025. That points to ongoing institutional support rather than isolated awards. The foundation makes program-related investments and uses restricted or earmarked funding, with grants aligned to operational support and capacity building. Its active programs also accept unsolicited requests, including the NSF I-Corps Hub: Southeast @ USF, the Florida High Tech Corridor Early-Stage Innovation Fund, and the Foundation Bull Ring Accelerator Grant.
$9.8M
$187.8M
$17.2M
$19M
Most grants fall between $2.7M and $3.8M, with a median of $3.3M.
25th Percentile
$2.7M
Median
$3.3M
75th Percentile
$3.8M
About 100% of grants go to recipients in FL.
DR SYLVIA THOMAS
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Giving is local and entirely in Florida: 100% of grants go to recipients in the HQ state, which is also the top state by grant count. The clearest recipient city is Tampa, where the University of South Florida received the foundation’s largest recent awards. Active programs are also centered on Tampa Bay and Florida more broadly, including the Foundation Bull Ring Accelerator Grant and the Florida High Tech Corridor Early-Stage Innovation Fund. The recipient country distribution is fully domestic, with all recent grants going to US recipients.
Its funding is built around research commercialization and technology transfer at the University of South Florida. The foundation’s stated purpose includes promoting USF research, facilitating commercialization and transfer of discoveries and inventions, and supporting economic development in Tampa Bay and Florida.
Typical grant sizes are substantial. The p25 is $2,734,000, the median is $3,298,798, and the p75 is $3,807,057. Recent grants also include a $4,315,316 award in 2025 to the University of South Florida for technology transfer office costs.
Yes. The Foundation Bull Ring Accelerator Grant supports USF start-up companies formed on licensed USF technologies, and the NSF I-Corps Hub: Southeast @ USF supports commercialization training for researchers and student teams. The Florida High Tech Corridor Early-Stage Innovation Fund also backs early-stage innovation with commercial potential.
Its giving is local and fully concentrated in Florida. The recipient country distribution is 100% US, and 100% of grants go to recipients in the HQ state. The recent grants listed all went to the University of South Florida in Tampa.
Yes. The University of South Florida appears across three consecutive recent grant years: 2023, 2024, and 2025. Those awards were all for technology transfer office costs, showing a repeated institutional funding pattern.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| UNIVERSITY OF SOUTH FLORIDA | TAMPA, FL | $4,315,316 | 2025 | TECHNOLOGY TRANSFER OFFICE COSTS |
| UNIVERSITY OF SOUTH FLORIDA | TAMPA, FL | $3,298,798 | 2024 | TECHNOLOGY TRANSFER OFFICE COSTS |
| UNIVERSITY OF SOUTH FLORIDA | TAMPA, FL | $2,169,203 | 2023 | TECHNOLOGY TRANSFER OFFICE COSTS |
UNIVERSITY OF SOUTH FLORIDA
$4,315,316TECHNOLOGY TRANSFER OFFICE COSTS
UNIVERSITY OF SOUTH FLORIDA
$3,298,798TECHNOLOGY TRANSFER OFFICE COSTS
UNIVERSITY OF SOUTH FLORIDA
$2,169,203TECHNOLOGY TRANSFER OFFICE COSTS