Overview

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Est.

1958

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FLORIDA INSTITUTE OF TECHNOLOGY INC is a university education nonprofit based in Florida that seeks to provide high-quality education to a culturally diverse student body, expand knowledge through basic and applied research, and serve local, state, national, and international constituencies. In filing year 2025, it reported an operating budget of $216.5M and total revenue of $237.8M, with top funders including WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION, EMIL BUEHLER PERPETUAL TRUST, and THE UNIVERSITY FINANCING FOUNDATION INC.

Mission Statement

FLORIDA INSTITUTE OF TECHNOLOGY'S MISSION IS TO PROVIDE HIGH-QUALITY EDUCATION TO A CULTURALLY DIVERSE STUDENT BODY IN ORDER TO PREPARE STUDENTS FOR ENTERING THE GLOBAL WORKFORCE, SEEKING HIGHER-EDUCATION OPPORTUNITIES, AND SERVING WITHIN THEIR COMMUNITIES. THE UNIVERSITY ALSO SEEKS TO EXPAND KNOWLEDGE THROUGH BASIC AND APPLIED RESEARCH AND TO SERVE THE DIVERSE ECONOMIC, CULTURAL, AND SOCIETAL NEEDS OF OUR LOCAL, STATE, NATIONAL AND INTERNATIONAL CONSTITUENCIES.
Revenues
$222.5M
Expenses
$205.2M
Net Income:
+$17.3M
Assets
$409.3M
Liabilities
$143.2M
Net Assets:
+$266.1M
Operating Budget
$205.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
53
Median grant size
$9K
Largest grant received
$1M
M
Marco Carvalho
Board Member
D
DR John Nicklow
Board Member
D
DR Raymond a Armstrong
Board Member
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  • 150 funders
  • 200 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FLORIDA INSTITUTE OF TECHNOLOGY INC’s budget?
In 2024, FLORIDA INSTITUTE OF TECHNOLOGY INC reported an annual operating budget of around $205.2 million. More detailed financial information is available to registered users.
What causes does FLORIDA INSTITUTE OF TECHNOLOGY INC support?
FLORIDA INSTITUTE OF TECHNOLOGY INC supports work in University education.
Where does FLORIDA INSTITUTE OF TECHNOLOGY INC operate?
FLORIDA INSTITUTE OF TECHNOLOGY INC is headquartered in TAMPA, FL.
Who funded FLORIDA INSTITUTE OF TECHNOLOGY INC recently?
In 2025, FLORIDA INSTITUTE OF TECHNOLOGY INC received grants from CORPORATION FOR PUBLIC BROADCASTING, AMERICAN ONLINE GIVING FOUNDATION INC, and HISPANIC SCHOLARSHIP FUND. More information on this organization’s funders is available to registered users.
What is the largest grant FLORIDA INSTITUTE OF TECHNOLOGY INC received in 2024?
The largest grant to FLORIDA INSTITUTE OF TECHNOLOGY INC in 2024 exceeds $1 million.
What is FLORIDA INSTITUTE OF TECHNOLOGY INC’s reliance on government grants?
FLORIDA INSTITUTE OF TECHNOLOGY INC relied on government grants for more than 5% of their total revenue in 2024.