EIN 52-1125663

University System of Maryland Foundation (USMF)

IRS 501(c) type
501(c)(3)
Num. employees
33
Year formed
1979
Most recent tax filings
2023-06-01
Description
The University System of Maryland Foundation advocates and supports the advancement of public higher education in Maryland through visionary leadership in philanthropy, asset management, and stewardship.
Also known as...
University of Maryland Foundation
Total revenues
$46,875,365
2023
Total expenses
$40,792,258
2023
Total assets
$2,282,585,813
2023
Num. employees
33
2023

Program areas at USMF

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

Grants made by USMF

GranteeGrant descriptionAmount
University of Maryland Surgical Associates PaProgram Services$52,307

Who funds University System of Maryland Foundation (USMF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Jack Kent Cooke Foundation (JKCF)Current Scholarships and Endowed Scholarship Fund$1,000,000
ClimateWorks FoundationProject Support$535,632
Baltimore Community Foundation (BCF)General Support and Various Projects$507,500
...and 52 more grants received totalling $4,905,330

Personnel at USMF

NameTitleCompensation
Leonard RaleyPresident and Chief Executive Officer , Vice Chancellor for Advancement$374,980
Tom GilbertChief Financial Officer$284,787
Roy HosslerDirector of Business Operations$162,435
Ann KolakowskiDirector of Gift Planning Services
Sapna VargheseDirector of Advancement Research
...and 10 more key personnel

Financials for USMF

RevenuesFYE 06/2023
Total grants, contributions, etc.$24,021,158
Program services$756,391
Investment income and dividends$7,782,764
Tax-exempt bond proceeds$0
Royalty revenue$6,789
Net rental income$0
Net gain from sale of non-inventory assets$7,411,603
Net income from fundraising events$45,843
Net income from gaming activities$0
Net income from sales of inventory$740
Miscellaneous revenues$6,850,077
Total revenues$46,875,365

Form 990s for USMF

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2021-062022-05-11990View PDF
2020-062021-05-26990View PDF
2019-062021-01-21990View PDF
2018-062019-10-12990View PDF
...and 8 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 17 new grant, including a grant for $1,000,000 from Jack Kent Cooke Foundation (JKCF)
December 25, 2023
Received grants
Identified 10 new grant, including a grant for $507,500 from Baltimore Community Foundation (BCF)
September 25, 2023
Received grants
Identified 38 new grant, including a grant for $1,176,000 from The Orokawa Foundation
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
HealthEducationDiseases and disorders
Characteristics
MembershipsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3300 Metzerott Rd
Adelphi, MD 20783
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Prince George's County, MD
Website URL
usmf.org/ 
Phone
(301) 445-1941
IRS details
EIN
52-1125663
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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