University Of Maryland Baltimore Foundation Inc

Organization Overview

University Of Maryland Baltimore Foundation Inc, operating under the name UMBF INC UMB FOUNDATION UMB Foundation, is located in Baltimore, MD. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. UMBF INC UMB FOUNDATION UMB Foundation 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 06/2021, UMBF INC UMB FOUNDATION UMB Foundation generated $60.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $24.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, UMBF INC UMB FOUNDATION UMB Foundation has awarded 115 individual grants totaling $143,452,167. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SOLICIT/RECEIVE CONTRIBUTIONS/GRANTS FROM GENERAL PUBLIC TO HOLD, INVEST AND ADMINISTER THESE FUNDS AND PAY EXPENDITURES FOR UNIVERSITY AND SERVE IN ADVISORY ROLE TO PRESIDENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMEMORATING ITS 210TH ANNIVERSARY, THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE WAS CHARTERED IN 1807 AS THE FIRST PUBLIC MEDICAL SCHOOL IN THE UNITED STATES. THE SCHOOL OF MEDICINE IS ONE OF THE FASTEST GROWING, TOP-TIER BIOMEDICAL RESEARCH ENTERPRISES IN THE WORLD - WITH 43 ACADEMIC DEPARTMENTS, CENTERS, INSTITUTES, AND PROGRAMS; AND A FACULTY OF MORE THAN 3,000 PHYSICIANS, SCIENTISTS, AND ALLIED HEALTH PROFESSIONALS, INCLUDING MEMBERS OF THE NATIONAL ACADEMY OF MEDICINE, AND A DISTINGUISHED RECIPIENT OF THE ALBERT E. LASKER AWARD IN MEDICAL RESEARCH. THE SCHOOL OF MEDICINE FACULTY, WHICH RANKS AS THE 8TH-HIGHEST PUBLIC MEDICAL SCHOOL IN RESEARCH PRODUCTIVITY, IS AN INNOVATOR IN TRANSLATIONAL MEDICINE WITH 600 ACTIVE PATENTS AND 24 START-UP COMPANIES. THE SCHOOL WORKS LOCALLY, NATIONALLY, AND GLOBALLY, WITH RESEARCH AND TREATMENT FACILITIES IN 36 COUNTRIES AROUND THE WORLD. WITH AN OPERATING BUDGET OF MORE THAN $1 BILLION, THE SCHOOL OF MEDICINE WORKS CLOSELY IN PARTNERSHIP WITH THE UNIVERSITY OF MARYLAND MEDICAL CENTER AND MEDICAL SYSTEM TO PROVIDE RESEARCH-INTENSIVE, ACADEMIC AND CLINICALLY-BASED CARE FOR MORE THAN 1.2 MILLION PATIENTS EACH YEAR. THE SCHOOL HAS OVER 2,500 STUDENTS, RESIDENTS, AND FELLOWS, AND NEARLY $450 MILLION IN EXTRAMURAL FUNDING, WITH MORE THAN HALF OF ITS ACADEMIC DEPARTMENTS RANKED IN THE TOP 20 AMONG ALL PUBLIC MEDICAL SCHOOLS IN THE NATION IN RESEARCH FUNDING. AS ONE OF THE SEVEN PROFESSIONAL SCHOOLS THAT MAKE UP THE UNIVERSITY OF MARYLAND, BALTIMORE CAMPUS, THE SCHOOL OF MEDICINE HAS NEARLY 7,000 TOTAL EMPLOYEES. WHILE OUR MEDICAL STUDENTS COMPRISE NEARLY HALF OF THE TOTAL STUDENT ENROLLMENT, OUR STUDENT BODY ALSO INCLUDES ALLIED HEALTH AND PHYSICAL THERAPY STUDENTS, AS WELL AS GRADUATE STUDENTS AND STUDENTS PURSUING COMBINED DEGREES. WE CURRENTLY HAVE TEN JOINT DEGREE PROGRAMS: TWO DOCTORATE PROGRAMS (MD/PHD AND MD/DDS), SEVEN MD/MASTER'S DEGREE PROGRAMS, AND A DPT/PHD DEGREE PROGRAM WITHIN THE DEPARTMENT OF PHYSICAL THERAPY & REHABILITATION SCIENCES. THE COMBINED SCHOOL AND MEDICAL SYSTEM HAS A TOTAL BUDGET OF $5 BILLION AND AN ECONOMIC IMPACT OF NEARLY $15 BILLION ON THE STATE AND LOCAL COMMUNITY.


THE UMB FOUNDATION SUPPORTS ACADEMIC PROGRAMS AND CLINICAL AND RESEARCH ACTIVITIES IN THE UNIVERSITY OF MARYLAND FRANCIS KING CAREY SCHOOL OF LAW (MARYLAND CAREY LAW). ESTABLISHED IN 1816, MARYLAND CAREY LAW BEGAN REGULAR INSTRUCTION IN 1824. IT IS THE THIRD OLDEST LAW SCHOOL IN THE NATION. THE INNOVATIVE ACADEMIC AND SPECIALTY PROGRAMS HAVE GARNERED NATIONAL AND INTERNATIONAL RECOGNITION. THE MARYLAND CAREY LAW'S EXPERIENTIAL PROGRAMS ARE AMONG THE MOST EXTENSIVE IN THE COUNTRY, INCLUDING THE NATIONALLY RANKED CLINICAL LAW PROGRAM, WHICH OFFERS MORE THAN 60,000 HOURS OF FREE LEGAL SERVICES TO THE STATE OF MARYLAND AND HAS BEEN IN EXISTENCE FOR MORE THAN 40 YEARS. INTERDISCIPLINARY SPECIALTY PROGRAMS ARE OFFERED IN ENVIRONMENTAL LAW AND LAW AND HEALTH CARE. OTHER PROGRAMS INCLUDE ADVOCACY, ALTERNATIVE DISPUTE RESOLUTION, BUSINESS LAW, INTELLECTUAL PROPERTY LAW AND INTERNATIONAL AND COMPARATIVE LAW. THE MARYLAND CAREY LAW SEEKS TO PROMOTE A MORE JUST SOCIETY BY EDUCATING OUTSTANDING LAWYERS AND LEADERS, ADVANCE THE UNDERSTANDING OF LAW AND LEGAL INSTITUTIONS AND ENHANCE ACCESS TO JUSTICE. EXCELLENCE IN TEACHING PREPARES STUDENTS FOR LEADERSHIP AND PROFESSIONAL SUCCESS IN A WIDE RANGE OF CAREERS AND PROMOTES IN BOTH STUDENTS AND FACULTY THE HIGHEST STANDARD OF PUBLIC AND PROFESSIONAL SERVICE.


THE UMB FOUNDATION SUPPORTS ACADEMIC PROGRAMS, RESEARCH AND COMMUNITY WORK AT THE UNIVERSITY OF MARYLAND SCHOOL OF SOCIAL WORK (SSW). SSW'S MISSION IS TO DEVELOP PRACTITIONERS, LEADERS AND SCHOLARS TO ADVANCE THE WELL-BEING OF POPULATIONS AND COMMUNITIES AND TO PROMOTE SOCIAL JUSTICE. AS NATIONAL LEADERS, WE CREATE AND USE KNOWLEDGE FOR EDUCATION, SERVICE INNOVATION, AND POLICY DEVELOPMENT. SSW IS A HIGHLY-RANKED INSTITUTION THAT PRODUCES OUTSTANDING SOCIAL WORKERS WHOSE PRACTICE ADVANCES THE WELL-BEING OF ALL THE PEOPLE THEY SERVE. U.S. NEWS & WORLD REPORT RANKS THE SCHOOL 17TH IN THEIR LIST OF SOCIAL WORK GRADUATE SCHOOLS IN AMERICA. THE SCHOOL SERVES SOCIETY THROUGH THE DEVELOPMENT OF KNOWLEDGE IN EDUCATION, RESEARCH, SCHOLARSHIP, SERVICE INNOVATION, AND ADVOCACY. SSW WAS CREATED IN 1961 AND HAS GROWN TO BECOME ONE OF THE LARGEST AND MOST RESPECTED SCHOOLS OF SOCIAL WORK IN AMERICA. PART OF A PUBLIC UNIVERSITY IN A DIVERSIFIED STATE AND REGION, THE SCHOOL PROMOTES RESEARCH ON SOCIAL WORK SERVICES AND SOCIAL AND ECONOMIC JUSTICE IN ALL OF ITS ACTIVITIES. SSW STUDENTS PROVIDE OVER 395,000 HOURS OF SOCIAL WORK SERVICES A YEAR WITHIN THE STATE OF MARYLAND AND SURROUNDING COMMUNITIES. THE STUDENT BODY CONCENTRATION BREAKOUT IS GENERALLY 80% CLINICAL AND 20% MACRO (MANAGEMENT & COMMUNITY ORGANIZATION), THE LARGEST MACRO CONCENTRATION PROGRAM IN THE COUNTRY. IN ADDITION TO THE SCHOOL'S ACADEMIC SIDE, SSW HAS MULTIPLE COMMUNITY SERVICE PROGRAMS SUCH AS SWCOS (SOCIAL WORK COMMUNITY OUTREACH SERVICES). SWCOS PROVIDES STUDENTS WITH HANDS-ON EXPERIENCE WORKING ON CRITICAL SOCIAL ISSUES IN AN ENCOURAGING, CREATIVE ATMOSPHERE THAT PREPARES THEM TO BE LEADERS IN COMMUNITY SOCIAL WORK; IT PROVIDES THOSE IN NEED WITH QUALITY SERVICES; AND CREATES RESEARCH OPPORTUNITIES TO GENERATE NEW KNOWLEDGE IN SOCIAL WORK PRACTICE. THE SSW ALSO HAS MORE THAN $36M IN ANNUAL RESEARCH AND TRAINING GRANTS.


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Board, Officers & Key Employees

Name (title)Compensation
James L Hughes
Interim President & CEO
$433,475
Tom Sullivan
President/ceo (former)
$426,565
Pam Heckler
Treasurer & COO
$215,302
Harry C Knipp
Chair
$0
Ellen H Yankellow
Vice Chair
$0
John C Weiss
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
American Design Associates
Bldg. Reno/furniture
$201,957
Cvent Inc
Program Event Serv.
$187,204
Bdo Usa Llp
Accounting
$105,367
Meridian Biogroup Llc
Quality & Comp Svcs
$423,304
Hyatt Regency Baltimore
Conference/seminar
$112,826
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$31,758
Membership dues$0
Fundraising events$173,643
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$45,016,438
Noncash contributions included in lines 1a–1f $5,167,780
Total Revenue from Contributions, Gifts, Grants & Similar$45,221,839
Total Program Service Revenue$187,609
Investment income $4,892,730
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,649,895
Net Income from Fundraising Events $22,673
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $59,974,746

Grants Awarded

Over the last fiscal year, University Of Maryland Baltimore Foundation Inc has awarded $18,772,892 in support to 11 organizations.

Grant RecipientAmount

UNIVERSITY OF MARYLAND BALTIMORE

PURPOSE: EDUCATION/RESEARCH

$17,270,315

UNIVERSITY OF MARYLAND SURGICAL ASSOCIATES PA (UM

Org PageRecipient Profile

Baltimore, MD

PURPOSE: CLINICAL SUPPORT

$672,501

SHOCK TRAUMA ASSOCIATES PA (STAPA)

Org PageRecipient Profile

Baltimore, MD

PURPOSE: CLINICAL SUPPORT

$336,052

UNIVERSITY OF MARYLAND FAMILY MEDICINE PA

Org PageRecipient Profile

Baltimore, MD

PURPOSE: CLINICAL SUPPORT

$108,981

UNIVERSITY OF MARYLAND PEDIATRIC ASSOCIATES PA

Org PageRecipient Profile

Baltimore, MD

PURPOSE: CLINICAL SUPPORT

$108,377

MARYLAND PUBLIC INTEREST LAW PROJECT INC (MPILP

Org PageRecipient Profile

Baltimore, MD

PURPOSE: Program Support

$75,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that University Of Maryland Baltimore Foundation Inc has recieved totaling $105,000.

Awarding OrganizationAmount
Kazan Mcclain Partners Foundation

Oakland, CA

PURPOSE: GENERAL SUPPORT

$50,000
$40,000
Herman & Walter Samuelson Foundation Inc

Towson, MD

PURPOSE: SCHOOL OF NURSING SCHOLARSHIPS

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$257,068,449
Earnings$62,939,190
Admin Expense$3,075,153
Net Contributions$17,697,306
Grants$7,520,259
Ending Balance$327,109,533

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