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University Of Maryland Medical System Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522238893 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is University Of Maryland Medical System Foundation Inc?

The University of Maryland Medical System Foundation Inc, established in March 2000, is a Baltimore-based nonprofit organization dedicated to raising charitable funds for the University of Maryland Medical System (UMMS). Their primary focus is to safeguard the future of healthcare excellence at UMMS. The foundation serves as the central structure for fundraising, stewardship, and endowment management. They provide crucial support to UMMS, helping to cover the costs of facility construction and maintenance, patient care expenses, and the development of essential community clinical programs. Additionally, the foundation offers community support and education, ensuring UMMS hospitals can deliver cutting-edge care that might otherwise be out of reach.


Official website here: www.ummsfoundation.org

Is University Of Maryland Medical System Foundation Inc legitimate?

University Of Maryland Medical System Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maryland Medical System 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,897,537

For more financial information, click here


Official website here: www.ummsfoundation.org

What is the mission statement of University Of Maryland Medical System Foundation Inc?

The University of Maryland Medical System Foundation Inc plays a crucial role in safeguarding the future of healthcare excellence at the University of Maryland Medical System. By raising charitable funds, this organization ensures the delivery system remains at the forefront of healthcare. Established in March 2000, UMMS Foundation Inc functions as the central structure for fundraising, stewardship, and endowment management. It supports the medical system by providing funds for facility construction and maintenance, essential clinical programs, and patient care costs not covered by insurance. Additionally, the foundation offers community support and education, helping the hospitals deliver cutting-edge care that might otherwise be unaffordable.


Official website here: www.ummsfoundation.org

What is the revenue of University Of Maryland Medical System Foundation Inc?

University Of Maryland Medical System Foundation Inc's revenue in 2022 was $19,698,385.


Official website here: www.ummsfoundation.org

Who are the executives of University Of Maryland Medical System Foundation Inc and what are their salaries?

Here are 11 key members and their salaries (University Of Maryland Medical System Foundation Inc's CEO's salary is $0 and their total compensation is $517,928):

    Bert W O'Malley Md (President And Ceo, Ummc) [Trustee/Director]
  • Compensation: $0
  • Related: $1,663,541
  • Other: $209,731

    • Alison G Brown (President, Ummc Midtown Campus) [Trustee/Director]
  • Compensation: $0
  • Related: $791,511
  • Other: $33,062

    • Cynthia A Kelleher (President And Ceo, Jlkh) [Trustee/Director]
  • Compensation: $0
  • Related: $483,497
  • Other: $34,431

    • Melissa R Lambdin (Secretary)
  • Compensation: $0
  • Related: $209,400
  • Other: $43,675

    • Janice Eisele (Former Svp Development)
  • Compensation: $0
  • Related: $205,354
  • Other: $982

    • George A Sprinkel (Treasurer)
  • Compensation: $0
  • Related: $20,192
  • Other: $3,231

    • Barry P Gossett (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Kirwan (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan T Pugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Mclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Oddoye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ummsfoundation.org

    Where can I find the form 990 for University Of Maryland Medical System Foundation Inc?

    The University Of Maryland Medical System Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ummsfoundation.org

    Learn more at the official website: www.ummsfoundation.org

    Mission Statement of University Of Maryland Medical System Foundation Inc

    University of Maryland Medical System Foundation, Inc. (UMMSF) is a charitable organization dedicated to raising funds to safeguard the future of healthcare excellence for the University of Maryland Medical System (UMMS). By developing charitable support, UMMSF ensures UMMS remains a leading integrated healthcare delivery system. Established in March 2000, the foundation acts as UMMS' central structure for fundraising, stewardship, and endowment management.

    UMMSF provides essential financial support to UMMS in various ways. It helps cover the costs of constructing and maintaining UMMS facilities, fills the gap when patients cannot pay for medications or the entire cost of care, and supports the development of clinical programs vital to the community. In addition to financial assistance, UMMSF offers community support and education, collaborating with UMMS hospitals to provide cutting-edge care that would otherwise be unaffordable. UMMSF's mission is to secure charitable funds to safeguard the future of healthcare excellence for the University of Maryland Medical System.

    Impact

    This information is meant to be a general summary of University Of Maryland Medical System 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 Medical System Foundation Inc's impact is significant in safeguarding the future of health care excellence for the University of Maryland Medical System. By raising charitable funds, the foundation supports the development of clinical programs essential to the community, helps maintain UMMS facilities, fills the gap for patients unable to cover the full cost of care, and assists in providing cutting-edge care that may otherwise be unaffordable. Through its efforts, UMMS Foundation plays a crucial role in ensuring that UMMS remains a leading integrated health care delivery system, positively impacting the health and well-being of individuals in Baltimore, MD, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,742,945
  • Program Service Revenue: $0
  • Gross Receipts: $20,297,731

    • Assets and Liabilities:
  • Total Assets: $90,137,681
  • Total Liabilities: $2,530,493
  • Net Assets: $87,607,188
  • Organization Details

    Founding Year

    2000

    Main Address

    22 South Greene Street, Baltimore, MD, 21201

    NTEE Category

    Code: B11 - Education

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