Overview
What is University Of Maryland Foundation Inc?
The University of Maryland Foundation Inc, based in Adelphi, Maryland, is a nonprofit organization dedicated to advancing public higher education in Maryland. With 31 employees, they support the academic programs of the University System of Maryland institutions through various expenses, including salaries and benefits, equipment, scholarships, and research activities. The Foundation's primary mission is to promote, galvanize, and support the advancement of higher education by managing assets, administering grants, and providing fundraising leadership. Their $2.09 billion in managed assets fund student scholarships, endowed faculty chairs, university research, and academic programs. The Foundation's efforts contribute to broadening access to quality higher education and addressing the workforce needs of the state and the nation.
Official website here: www.usmf.org
Is University Of Maryland Foundation Inc legitimate?
University Of Maryland Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maryland Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,126,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,838,010
For more financial information, click here
Official website here: www.usmf.org
What is the mission statement of University Of Maryland Foundation Inc?
The University System of Maryland Foundation Inc is dedicated to advancing public higher education in Maryland. Through philanthropy, asset management, and stewardship, the Foundation plays a pivotal role in expanding access to quality education, addressing workforce needs, and funding research. The Foundation offers support to institutions, centers, and affiliated foundations through campaign and strategic fundraising leadership and professional development opportunities. With managed assets totaling $2.09 billion, the Foundation provides critical funding for student scholarships, endowed faculty chairs, university research, and academic programs. In addition to asset management, the Foundation administers grants, gifts, and payroll services.
Official website here: www.usmf.org
Who is the CEO of University Of Maryland Foundation Inc?
Tom Gilbert is the Chief Investment Officer of University Of Maryland Foundation Inc. The CEO's salary of University Of Maryland Foundation Inc is $374,980 and their total compensation is $426,370.
Official website here: www.usmf.org
What is the revenue of University Of Maryland Foundation Inc?
University Of Maryland Foundation Inc's revenue in 2022 was $97,078,608.
Official website here: www.usmf.org
Who are the executives of University Of Maryland Foundation Inc and what are their salaries?
The average compensation at University Of Maryland Foundation Inc during 2022 was $160,148. There are 31 employees and 200 volunteers at University Of Maryland Foundation Inc.
Here are 56 key members and their salaries (University Of Maryland Foundation Inc's CEO's salary is $374,980 and their total compensation is $426,370):
- Samuel Gallo (Chief Investment Officer)
- Sharcus Steen (Director Of Investments)
- Leonard R Raley (Chief Executive Officer)
- Chris Ingram (Senior Sustainability & Public Markets Analyst)
- Chad Mitchell (Senior Investment Analyst)
- Tom Gilbert (Chief Financial Officer)
- Charlie Sexton (Senior Investment Analyst)
- Ralph Partlow (General Counsel)
- Roy Hossler (Director Of Business Operations)
- Gregory S Abel (Director)
- Joe N Ballard (Director)
- Anirban Basu (Director)
- Larry D Boggs (Director)
- Joseph V Bowen (Director)
- Hope Brown (Director)
- Alan Cason (Director)
- Christine Chandler (Director)
- Mary Clapsadddle (Director)
- Charles W Cole (Director)
- William Couper (Director)
- B Gary Dando (Director)
- Gail Elmore (Director)
- Christopher Evans (Director)
- V Raymond Ferrara (Director)
- Eric Francis (Director)
- Gary Gill (Director)
- Linda Gooden (Director)
- Barry Gossett (Director)
- Joseph R Hardiman (Director)
- James Holzapel (Director)
- Frank Islam (Director)
- Harry Johnson (Director)
- Robert Owen Johnson (Director)
- Linda Ellen Jones (Director)
- Viju Joseph (Director)
- Robert Milkovich (Director)
- Paul H Mullan (Director)
- Robert Neall (Director)
- Patricia D Murray-Newby (Director)
- J Mitchell Neitzey (Director)
- Brian Nelson (Director)
- Craig Norhtrop (Director)
- Sang Oh (Director)
- Bruce Richards (Director)
- Alicia Ritchie (Director)
- Lonnie Robbins (Director)
- Donald Scheeler (Director)
- Thomas Schweizer Jr (Director)
- Bonnie B Stein (Director)
- Kimberly Stokes (Director)
- Jose Antonio Tijerino (Director)
- Stacey Ullrich (Director)
- David Vahos (Director)
- Alexandra Von Paris (Director)
- Alicia Wilson (Director)
- David Young (Director)
Official website here: www.usmf.org
Where can I find the form 990 for University Of Maryland Foundation Inc?
The University Of Maryland Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.usmf.org
Learn more at the official website: www.usmf.org
Mission Statement of University Of Maryland Foundation Inc
The University of Maryland Foundation, a leading philanthropic organization, is dedicated to advancing public higher education in Maryland. Through its mission, the Foundation plays a crucial role in promoting, galvanizing, and supporting the University System of Maryland's (USM) initiatives in the areas of education, workforce development, and research.
The University System of Maryland Foundation, Inc, with its significant $2.09 billion in managed assets, strives to broaden access to high-quality higher education for students in Maryland and beyond. By providing campaign and strategic fundraising leadership support to institutions, centers, and affiliated foundations, the Foundation ensures that USM can meet the evolving needs of the state and the nation. Furthermore, the Foundation administers grants, gifts, and payroll services, further bolstering the academic programs and research efforts at USM.
In their commitment to Maryland's higher education system, the University of Maryland Foundation fosters engagement and leadership in philanthropy, asset management, and stewardship. Their activities enable the University System of Maryland to expand its reach and impact, ultimately contributing to a more educated and innovative workforce and a knowledge-driven economy. The Foundation's unwavering dedication to public higher education has proven vital in ensuring access to valuable educational opportunities and fostering a thriving academic community.
Impact
This information is meant to be a general summary of University Of Maryland Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
University Of Maryland Foundation Inc has a significant impact on public higher education in Maryland through its support of the academic programs of the University System of Maryland institutions. The Foundation's work includes providing funding for salaries and benefits, equipment, scholarships, conferences, workshops, research activities, and other expenses crucial for the success of these institutions.
Through its philanthropy, asset management, and stewardship efforts, University Of Maryland Foundation Inc plays a vital role in broadening access to high-quality higher education, meeting the workforce needs of the state and the nation, and advancing research that pushes the boundaries of knowledge. With $2.09 billion in managed assets, the Foundation supports student scholarships, endowed faculty chairs, university research, and academic programs, ensuring that students and faculty have the resources they need to excel in their educational pursuits.
Overall, University Of Maryland Foundation Inc's dedication to promoting and supporting public higher education in Maryland through leadership, engagement, and strategic fundraising makes a lasting impact on the education landscape of the state.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contracts Under Grant Arrangements
Revenue
$585,874
Wye Herd Operations
Revenue
$449,938
Conference Revenue
Revenue
$15,972
Organization Details
Founding Year
1979
Phone
(301) 445-8040
Principal Officer
Tom Gilbert
Main Address
3300 Metzerott Rd, Adelphi, MD, 20783
Website
www.usmf.org
NTEE Category
Code: B82 - Education
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