University Of Maryland Foundation Inc

University Of Maryland Foundation Inc Overview

University Of Maryland Foundation Inc, operating under the name University System of Maryland Foundation Inc, is located in Adelphi, MD. The organization was established in 1978. 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 06/2020, University System of Maryland Foundation Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, University System of Maryland Foundation Inc generated $61.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $34.2m during the year ending 06/2020. While expenses have increased by 1.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, University System of Maryland Foundation Inc has awarded 40 individual grants totaling $44,835,365. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY SYSTEM OF MARYLAND FOUNDATION SUPPORTS PUBLIC HIGHER EDUCATION IN MARYLAND THROUGH PHILANTHROPY, ASSET MANAGEMENT, AND STEWARDSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGHER EDUCATION: SUPPORT THE ACADEMIC PROGRAMS OF THE UNIVERSITY SYSTEM OF MARYLAND INSTITUTIONS THROUGH PAYMENTS FOR SALARIES AND BENEFITS, EQUIPMENT, SCHOLARSHIPS, CONFERENCES, WORKSHOPS, SERVICES, ACADEMIC MEMBERSHIPS, RESEARCH ACTIVITIES AND OTHER EXPENSES


EDUCATIONAL PROGRAMS: MAINTAIN THE WYE BLACK ANGUS HERD USED FOR RESEARCH BY THE UNIVERSITY OF MARYLAND-COLLEGE PARK SCHOOL OF AGRICULTURE


HIGHER EDUCATION: SUPPORT THE ACADEMIC PROGRAMS OF THE UNIVERSITY SYSTEM OF MARYLAND INSTITUTIONS THROUGH PAYMENTS FOR SALARIES AND BENEFITS, EQUIPMENT, SCHOLARSHIPS, CONFERENCES, WORKSHOPS, SERVICES, ACADEMIC MEMBERSHIPS, RESEARCH ACTIVITIES AND OTHER EXPENSES


EDUCATIONAL PROGRAMS: MAINTAIN THE WYE BLACK ANGUS HERD USED FOR RESEARCH BY THE UNIVERSITY OF MARYLAND-COLLEGE PARK SCHOOL OF AGRICULTURE


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University Of Maryland Foundation Inc Vendors

Vendor Name (Service)Compensation
Hamilton Lane
Investment Advisor
$2,073,533
Chatham Asset High Yield
Investment Manager
$2,086,132
Jbg
Investment Manager
$2,021,982
Global Infrastructure
Investment Manager
$1,066,099
Advent International
Investment Manager
$1,021,271
Hamilton Lane
Investment Advisor
$2,073,533
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$558,574
Fundraising events$223,285
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$33,620,281
Noncash contributions included in lines 1a–1f $2,210,761
Total Revenue from Contributions, Gifts, Grants & Similar$34,402,140
Total Program Service Revenue$838,894
Investment income $5,088,940
Tax Exempt Bond Proceeds $0
Royalties $10,397
Net Rental Income $0
Net Gain/Loss on Asset Sales $16,722,378
Net Income from Fundraising Events -$202,673
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $50,013
Miscellaneous Revenue$0
Total Revenue $61,891,724

University Of Maryland Foundation Inc Grants Awarded

Over the last fiscal year, University Of Maryland Foundation Inc has awarded $20,008,458 in support to 20 organizations.

Grant RecipientAmount

UMCP

PURPOSE: Program Services

$5,855,811

UMCP

PURPOSE: Program Services

$5,855,811

UMBC

PURPOSE: Program Services

$2,144,682

UMBC

PURPOSE: Program Services

$2,144,682

UMCES

PURPOSE: Program Services

$1,037,125

UMCES

PURPOSE: Program Services

$1,037,125
View Grant Profile

University Of Maryland Foundation Inc Grants Recieved

Over the last fiscal year, we have identified 11 grants that University Of Maryland Foundation Inc has recieved totaling $383,488.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$78,877
The United Way Of Central Maryland Inc

Baltimore, MD

PURPOSE: Designated and or granted in support of agency programs

$69,574
Usher 1f Collaborative Inc

Newtonvile, MA

PURPOSE: USHER 1F PROJECT

$50,000
Burton G Bettingen Corporation

Los Angeles, CA

PURPOSE: WELFARE REFORM ACADEMY

$50,000
Usher 1f Collaborative Inc

Newtonvile, MA

PURPOSE: USHER 1F PROJECT

$50,000
Tiaa Charitable Inc

Charlotte, NC

PURPOSE: Annual Suuport

$31,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$282,372,000
Earnings$748,000
Admin Expense$12,000
Net Contributions$23,085,000
Other Expense$1,455,000
Grants$8,050,000
Ending Balance$296,688,000

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