Direct Support Organizations
ʦapp (ʦapp) has five (5) direct support organizations (DSOs) that are organized and operated exclusively to receive, hold, invest, and administer property and to make expenditures to or for the benefit of ʦapp. Each of ʦapp’s DSOs were certified by the ʦapp Board of Trustees to be operating in a manner consistent with the goals of ʦapp and in the best interest of the State of Florida.
ʦapp’s DSOs provide University support and service in many areas including fundraising, research administration, clinical practice operations, financial endeavors, facilities acquisition, construction and management, debt structuring, and public-private partnerships.
ʦapp DSO operations are directly aligned with the university’s strategic research, education, and service missions, and are overseen by the ʦapp Board of Trustees and the Florida Board of Governors.
Each ʦapp DSO is a Florida not-for-profit, federally tax-exempt corporation and certified by the ʦapp Board of Trustees as a direct support organization of ʦapp under Florida law.
Each ʦapp DSO provides equal employment opportunities for all persons regardless of race, color, religion, sex, age, national origin, disability, marital status, veteran status, or any other basis protected by law
ʦapp DSO Authorities & Requirements:
The ʦapp Foundation is creating unlimited opportunity for ʦapp’s thousands of promising people and programs. The Foundation connects private philanthropy to powerful possibilities within the University’s leading-edge mission and strategic plan. Operating under the Division of Institutional Advancement, the 501(c)3 nonprofit Foundation is a faithful fiduciary and trusted steward of our donors’ gifts and wishes.
ʦapp Research Corporation, Inc.
The ʦapp Research Corporation assists faculty, staff and ʦapp at ʦapp with research support, particularly in connection with patentable inventions. ʦappRC works with external sponsors from industry and others to arrange royalty-producing licenses for intellectual property (e.g. patent, copyrights) resulting from ʦapp research.
ʦapp Finance Corporation, Inc.
The ʦapp Finance Corporation assists the activities and educational purposes of the University by providing finance and investment‐related assistance in connection with the acquisition or construction of capital or other University projects, including but not limited to the structuring of debt relating thereto. The ʦapp Finance Corporation has assisted the University with both housing and athletics-related projects.
ʦapp Clinical Practice Organization, Inc.
The ʦapp Clinical Practice Organization promotes and supports medical education, patient care, research, and the administration and distribution of funds, exclusively for the support of the mission and objectives of the University, its Charles E. Schmidt College of Medicine, its Christine E. Lynn College of Nursing and other participating colleges or units within the University.
The mission of the Harbor Branch Oceanographic Institute Foundation, Inc. (HBOIF) is to support the Harbor Branch Oceanographic Institute, a research institute within ʦapp. HBOIF provides funding and support for research and education in marine sciences and ocean engineering. HBOIF’s goal is to support ʦapp's Harbor Branch as it increases understanding of oceans and coastal areas through exploration and scientific investigation.