University Of Baltimore Foundation Inc

Organization Overview

University Of Baltimore Foundation Inc is located in Baltimore, MD. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, University Of Baltimore Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Baltimore Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, University Of Baltimore Foundation Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL PROGRAM SERVICE EXPENSES AND DISTRIBUTIONS SUPPORT THE EDUCATIONAL ACTIVITIES OF THE UNIVERSITY OF BALTIMORE. THE FOUNDATION SUPPORTED INITIATIVES OF THE UNIVERSITY SUCH AS SCHOLARSHIPS, FACULTY SUPPORT, AND COMMUNITY OUTREACH PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Schwartz
CFO (through 4/2022)
$117,232
Joan Worthington
Secretary
$0
Nina Yudell
Chair
$0
Rachel T Mcguckian
Vice-Chair
$0
Tracey A Dubree
Treasurer
$0
Theresa Silanskis
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $111,283
All other contributions, gifts, grants, and similar amounts not included above$5,479,138
Noncash contributions included in lines 1a–1f $210,842
Total Revenue from Contributions, Gifts, Grants & Similar$5,590,421
Total Program Service Revenue$12,385
Investment income $2,274,625
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,660,889
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,538,320

Grants Recieved

Over the last fiscal year, we have identified 24 grants that University Of Baltimore Foundation Inc has recieved totaling $407,439.

Awarding OrganizationAmount
Family League Of Baltimore City Inc

Baltimore, MD

PURPOSE: PROGRAM SUPPORT

$61,877
Baltimore Community Foundation Inc

Baltimore, MD

PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS

$50,912
Crane Family Foundation Inc

Baltimore, MD

PURPOSE: GRANT FOR THE TRUANCY COURT PROGRAM

$50,000
The Philip E And Harriet J Klein

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$40,000
William J & Dorothy K Oneill Foundation Inc

Cleveland, OH

PURPOSE: SAYRA AND NEIL MEYERHOFF CENTER FOR FAMILIES, CHILDREN AND THE COURTS TRUANCY COURT PROGRAM

$30,000
Maryland Legal Services Corp

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$30,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$68,720,950
Earnings-$5,702,756
Net Contributions$1,179,815
Other Expense$2,909,701
Ending Balance$61,288,308

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