FACULTY ASSOCIATES INCORPORATED is a private foundation categorized as Public Charity based in GAINESVILLE, FL. Its most recent IRS filing (2025) reports revenue of $33.6M, expenses of $30.0M, total assets of $39.3M. Imperigo tracks 8 reported grants from this foundation totaling approximately $166.9M.
THE CORPORATION IS ORGANIZED EXCLUSIVELY TO SUPPORT THE SERVICE, TEACHING AND RESEARCH MISSION AND GOALS OF THE UNIVERSITY OF FLORIDA AND ITS J. HILLIS MILLER HEALTH CENTER AND THE COLLEGE OF DENTISTRY, ALL AS DETERMINED BY THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, AND IT SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES AND NOT FOR PECUNIARY PROFIT.
How Faculty Associates Incorporated divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 8 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $33.6M | $30.0M | $39.3M |
| 2024 | $33.7M | $28.1M | $35.8M |
| 2023 | $32.6M | $27.3M | $30.1M |
| 2022 | $29.8M | $23.5M | $24.7M |
| 2021 | $24.1M | $23.5M | $18.4M |
Between 2021 and 2025, reported annual revenue grew from $24.1M to $33.6M (+39%), with total assets most recently reported at $39.3M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in FL.
Full geographic grant map with state-by-state breakdown available with membership.
