Jay Stroman and Ray “Chip” Newton III
A Message From Foundation Leadership

As we look back on the 2019-20 fiscal year, we extend a heartfelt thanks to President Steven Currall for his steadfast leadership during the unique challenges encountered in his first year in office.

President Currall stepped into his role in the midst of an effort to consolidate the three campuses comprising the University of South Florida, and in the months that followed, he successfully led the effort not only to consolidate the university, but to strengthen and unite our community.

He listened to the voices of a diverse array of students, faculty and staff in order to establish USF’s Principles of Community — principles which serve as a guide for USF as we continue to grow, innovate and impact our world.

And facing a pandemic more serious than anyone has experienced in generations, he ensured that our university continued to fulfill our mission, to serve our students and community, to innovate and to thrive.

President Currall recognizes the importance of philanthropy in the success of the University of South Florida. In this year’s Performance Report, you will read about how philanthropy has continued to fuel our upward trajectory as a leading university on the international stage, impacting multiple fields and industries.

Your generosity continues to do great things for the University of South Florida. Together with your support, we raised nearly $120 million during the 2019-20 fiscal year for new scholarships, academic programs and research — as well as student need in response to the pandemic. This is the second best fundraising year in the history of USF.

We are also proud to report our endowment has reached $532 million. United, we have made incredible progress strengthening USF.

This year, we celebrate 15 years of Women in Leadership & Philanthropy, a group dedicated to serving students through scholarship, networking and mentorship. In this report, you’ll read about how years of sustained support is changing lives.

You’ll also read about how an exciting partnership with Jabil is establishing the multidisciplinary USF Jabil Innovation Institute, creating learning opportunities for students in multiple colleges and funding academic inquiry into issues facing business today while offering faculty the opportunity to advance their research.

We’ve included stories about how a transformational gift from the Taneja Family Foundation named the USF Taneja College of Pharmacy and how an estate gift from the late Dr. Jack Ross will serve generations of medical students.

Reflecting the current times, you will read how philanthropy has been and continues to be a key component of USF’s response to the pandemic. We are deeply grateful to every single individual who made gifts of all sizes during this difficult time. Thank you for giving. Thank you for fueling this engine of innovation and opportunity we call USF. Thousands of donors contributed to the USF United Support Fund and gave to the #BullsUnited in Action initiative, helping the Bulls in their time of need and together raising more than $1.1 million.

The impact of the pandemic will be long-lasting, but it will not outlast our determination. We have stood strong together. Our donors supported USF, and in turn USF supported our local community, our state and our nation. The fight is not over, but our resolve makes clear the inevitable outcome: a safer, stronger and more united USF. Go Bulls!

USF Foundation Board


CEO, USF Foundation
Senior Vice President,
University Advancement & Alumni Affairs