University Of Maryland College Park Foundation Inc
- Assets
- $869.8m
- Revenue
- $109.2m
- Investments
- $643.9m
- Employees
- 0
- Location
- College Park, MD
- Founding
- 03/2000
- Data as of
- 06/2021
- EIN
- 52-2197313
Organization Overview
University Of Maryland College Park Foundation Inc is located in College Park, MD. The organization was established in 2000. 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. University Of Maryland College Park 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 06/2021, University Of Maryland College Park Foundation Inc generated $109.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $92.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS TO MAKE EXPENDITURES THAT BENEFIT THE UNIVERSITY OF MARYLAND COLLEGE PARK, IN SUPPORT OF ITS MISSION, GOALS, AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC PROGRAM SUPPORT - TO SUPPORT ACADEMIC PROGRAMS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK THROUGH PAYMENTS FOR FACULTY AND STAFF SALARIES AND BENEFITS, ACADEMIC PROGRAM OPERATING EXPENSES, CONFERENCES, WORKSHOPS, HONORARIUMS, EQUIPMENT AND ACADEMIC MEMBERSHIPS.
INSTITUTIONAL SUPPORT - TO PROVIDE SUPPORT FOR ACTIVITIES CONCERNED WITH ENHANCING AND/OR IMPROVING THE INSTITUTION OVER THE LONG-TERM AS WELL AS SUPPORT FOR COMMUNITY ENGAGEMENT AND ALUMNI RELATIONS.
FACILITY - TO PROVIDE SUPPORT TO THE UPKEEP, REPAIR, AND CONSTRUCTION OF THE BUILDINGS AND GROUNDS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK
ATHLETICS - PROGRAM SERVICE EXPENSES $1,689,940.59: GRANTS AND ALLOCATIONS $1,629,843.79: REVENUE $70,612.85 ATHLETICS - TO PROVIDE SUPPORT FOR THE OPERATION OF ATHLETIC PROGRAMS AND ATHLETIC RELATED STUDENT ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.STUDENT SUPPORT - PROGRAM SERVICE EXPENSES $1,735,079.04: GRANTS AND ALLOCATIONS $1,536,448.43: REVENUE $12,193 STUDENT SUPPORT - TO PROVIDE SUPPORT TO STUDENTS AND STUDENT ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARKSCHOLARSHIP/FELLOWSHIP SUPPORT - PROGRAM SERVICE EXPENSES $9,344,806.99: GRANTS AND ALLOCATIONS $9,159,039.98: REVENUE $34,749.03 SCHOLARSHIP/FELLOWSHIP - TO PROVIDE SUPPORT FOR OUTRIGHT SCHOLARSHIPS AND FELLOWSHIPS TO STUDENS AND FELLOWS SELECTED BY THE UNIVERSITY OF MARYLAND COLLEGE PARKRESEARCH SUPPORT - PROGRAM SERVICE EXPENSES $2,499,361.27: GRANTSAND ALLOCATIONS $2,458,695.23: REVENUE $0 RESEARCH SUPPORT - TO PROVIDE SUPPORT FOR RESEARCHACTIVITIES AND RESEARCH FACILITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.PROGRAM SERVICE EXPENSES $185,370.38: GRANTS AND ALLOCATIONS $182,284.85 REVENUE $0 PUBLIC SERVICE SUPPORT - TO PROVIDE SUPPORT FOR ACTIVITIES THAT ARE MUTUALLY BENEFICIAL TO THE UNIVERSITY OF MARYLAND COLLEGE PARK AND INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTIOON INCLUDING COMMUNITY SERVICE PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Lewis President (to Jul '20) | OfficerTrustee | 4 | $0 |
Paul S Mandell Board Chair | OfficerTrustee | 1 | $0 |
Marlene K Feldman Chair - Advocacy/government | OfficerTrustee | 1 | $0 |
Dr Ruchi Mehta Chair- Budget, Audit And Investment Com | OfficerTrustee | 1 | $0 |
Ms Nicole Pollard ESQ Chair - Committee On Trustees | OfficerTrustee | 1 | $0 |
Albert P Carey Chair - Campaign Cabinet | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clark Construction Llc Construction | 6/29/21 | $36,919,811 |
Blackbaud Computer Software | 6/29/21 | $300,904 |
Moi-baltimore Furniture Manufacturing | 6/29/21 | $259,458 |
Ruffalo Noel Levitz Tell-a-terp Call Center | 6/29/21 | $578,212 |
Baker Strategies Consulting | 6/29/21 | $220,810 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,077 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,293,336 |
| Noncash contributions included in lines 1a–1f | $9,788,456 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,324,413 |
| Total Program Service Revenue | $473,966 |
| Investment income | $5,009,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $888,975 |
| Net Gain/Loss on Asset Sales | $19,492,692 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109,216,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,377,851 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $257,870 |
| Fees for services: Accounting | $168,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $113,151 |
| Fees for services: Other | $3,993,886 |
| Advertising and promotion | $926,017 |
| Office expenses | $964,381 |
| Information technology | $509,466 |
| Royalties | $0 |
| Occupancy | $102,440 |
| Travel | $13,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,078 |
| Interest | $213,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $255,244 |
| Insurance | $157,492 |
| All other expenses | $238,809 |
| Total functional expenses | $92,319,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,121,973 |
| Pledges and grants receivable | $125,877,538 |
| Accounts receivable, net | $61,181 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,162,838 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,374 |
| Net Land, buildings, and equipment | $30,277,069 |
| Investments—publicly traded securities | $31,386,415 |
| Investments—other securities | $643,908,112 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $869,831,500 |
| Accounts payable and accrued expenses | $3,776,166 |
| Grants payable | $0 |
| Deferred revenue | $1,373,937 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,371,531 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,802,108 |
| Total liabilities | $14,323,742 |
| Net assets without donor restrictions | $2,975,162 |
| Net assets with donor restrictions | $852,532,596 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $869,831,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that University Of Maryland College Park Foundation Inc has recieved totaling $6,700.
| Awarding Organization | Amount |
|---|---|
Marc Lipella Foundation Hagerstown, MD PURPOSE: COLLEGE SCHOLARSHIP | $3,000 |
Francis E And Mildred W Gardiner Jr Family Foundation Annapolis, MD PURPOSE: UNRESTRICTED USE BY RECIPIENT | $2,500 |
S Edward Marder Family Foundation Lake Forest, IL PURPOSE: CHARITABLE | $1,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $100 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $100 |
Endowment Analysis
| Beg. Balance | $503,956,000 |
| Earnings | $121,077,000 |
| Admin Expense | $5,865,000 |
| Net Contributions | $47,913,000 |
| Grants | $10,262,000 |
| Ending Balance | $656,819,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jefferson University Physicians Philadelphia, PA | $187,548,071 | $476,809,687 |
Wilkes University Wilkes Barre, PA | $232,735,413 | $139,424,489 |
Virginia Tech Foundation Inc Blacksburg, VA | $2,253,132,781 | $221,999,686 |
George Mason University Foundation Inc Fairfax, VA | $459,289,058 | $113,505,085 |
West Virginia Univ Foundation Inc Morgantown, WV | $1,952,164,791 | $155,430,683 |
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |