2023-02-24T11:46:54-06:00 2022-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2021-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376170 1130 N CHARLES STREET BALTIMORE MD 21201 JANUS KURZMANN CFO 4108376148 2023-02-22 1 JANUS KURZMANN 999009999 SUSAN KELLER P00245169 4107275735 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z NINA YUDELL 1130 N CHARLES STREET BALTIMORE MD 21201 17917088 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 16 16 5 23 0 0 9554106 5590421 16306 12385 3381052 4935514 0 0 12951464 10538320 0 0 0 0 376647 336548 38750 25690 344662 4134380 4754914 4549777 5117152 8401687 5421168 93760415 88619542 556530 1208324 93203885 87411218 TO RAISE AND MANAGE FUNDS AND TO PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. THE FOUNDATION PROVIDES LEADERSHIP, GUIDANCE, AND SUPPORT TO THE UNIVERSITY'S ADMINISTRATION IN ADVANCING THE MISSION AND VISION OF THE UNIVERSITY. 0 0 4013113 12385 ALL PROGRAM SERVICE EXPENSES AND DISTRIBUTIONS SUPPORT THE EDUCATIONAL ACTIVITIES OF THE UNIVERSITY OF BALTIMORE. THE FOUNDATION SUPPORTED INITIATIVES OF THE UNIVERSITY SUCH AS SCHOLARSHIPS, FACULTY SUPPORT, AND COMMUNITY OUTREACH PROGRAMS. 4013113 1 1 0 0 0 0 0 1 0 1 0 1 0 0 0 1 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 15 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD CO MA MI NJ NY OH WA CA AL CT FL GA HI IL KY MS MO TN VA WV PA DC AK AR X X X THE ORGANIZATION 4108376170 1130 N CHARLES STREET BALTIMORE MD 21201 NINA YUDELL CHAIR 5.00 X X 0 0 0 RACHEL T MCGUCKIAN VICE-CHAIR 5.00 X X 0 0 0 JOAN WORTHINGTON SECRETARY 1.00 X X 0 0 0 TRACEY A DUBREE TREASURER 1.00 X X 0 0 0 BARNETT BROOKS DIRECTOR 1.00 X 0 0 0 CLIFTON L BROWN JR DIRECTOR 1.00 X 0 0 0 R THOMAS CRAWFORD DIRECTOR/ IMMEDIATE PAST CHAIR 1.00 X 0 0 0 MICHAEL L CURRY DIRECTOR 1.00 X 0 0 0 CARMINE D'ALESSANDRO DIRECTOR 1.00 X 0 0 0 ARTHUR E FLACH DIRECTOR 1.00 X 0 0 0 PIERCE FLANIGAN IV DIRECTOR 1.00 X 0 0 0 STUART M GOLDBERG DIRECTOR 1.00 X 0 0 0 CYNTHIA H JONES DIRECTOR 1.00 X 0 0 0 SAYRA MEYERHOFF DIRECTOR 1.00 X 0 0 0 CAROLINE POPPER DIRECTOR 1.00 X 0 0 0 MARIE VAN DEUSEN DIRECTOR 1.00 X 0 0 0 KURT L SCHMOKE EX-OFFICIO 1.00 X 0 0 0 THERESA SILANSKIS EXECUTIVE DIRECTOR 40.00 X 0 0 0 JENNIFER SCHWARTZ CFO (THROUGH 4/2022) 40.00 X 117232 0 22878 JANUS KURZMANN CFO (AS OF 4/2022) 40.00 X 0 0 0 117232 0 22878 1 0 0 0 0 111283 5479138 210842 5590421 PROGRAM INCOME 900099 12385 12385 12385 2274625 2274625 10039657 7378768 2660889 2660889 2660889 10538320 12385 0 4935514 93301 93301 176370 176170 200 19291 19291 25381 25381 22205 22189 16 4701 4701 32461 32461 25690 25690 171029 171029 343112 117480 101885 123747 146613 139573 7040 69874 68587 1287 162633 68857 85361 8415 3939 1765 2174 145046 145011 35 13189 13189 STUDENT/FACULTY SUPPORT 2818833 2818833 OTHER PROGRAM SUPPORT 578600 577301 1299 MISCELLANEOUS 264884 75706 11798 177380 5117152 4013113 759377 344662 16422015 15755571 3987257 5837351 42645 67387 79620 80923 51573698 43219331 21200896 23204695 454284 454284 93760415 88619542 385178 1054206 171352 154118 556530 1208324 X 7077423 7185864 86126462 80225354 93203885 87411218 93760415 88619542 5421168 -11213835 0 X X 0 1 X 1 0 X 3346825 3038492 6162475 9554106 5566897 27668795 3346825 3038492 6162475 9554106 5566897 27668795 8131726 19537069 777129 1010757 983082 1546623 2274625 6592216 174151 178091 58844 16306 12385 439777 34700788 0.56300 0.50820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 454284 X X X 0 68720950 1179815 -5702756 2909701 61288308 50278867 5920420 15154401 2632738 68720950 49877557 2813658 184984 2597332 50278867 49001471 983278 2375812 2483004 49877557 46082443 1689235 3644508 2414715 49001471 0.18200 0.81800 0.00000 0 0 0 PRIVATE EQUITY INVESTMENTS 18477688 F INVESTMENT IN USMF 4727007 F 23204695 X -843402 -11213835 3142 -11210693 10367291 171029 171029 10538320 4961398 15275 15275 4946123 171029 171029 5117152 PART III, LINE 4: ART AND HISTORICAL COLLECTIONS INCLUDE LIBRARY COLLECTIONS, POSTERS, PRINTS AND OTHER ARTIFACTS. PART V, LINE 4: THE FOUNDATION'S PERMANENT ENDOWMENT CONSISTS OF VARIOUS DONOR RESTRICTED FUNDS ESTABLISHED TO PROVIDE A SOURCE OF INCOME FOR ONGOING PROGRAMS, AS WELL AS SCHOLARSHIPS AND PROFESSORSHIPS. PART X, LINE 2: THE ORGANIZATIONS FOLLOW THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE ORGANIZATIONS' EVALUATION OF TAX POSITIONS, WHICH INCLUDES MAINTAINING THEIR TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT TOOK ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM UNIVERSITY PROPERTIES, INC. 3,142. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. 15,275. PART XI, LINE 2D REVENUE OF $3,142 FROM UNIVERSITY PROPERTIES, INC., AN AFFILIATE, IS INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN THE FORM 990. PART XII, LINE 2D EXPENSES OF $15,275 FROM UNIVERSITY PROPERTIES, INC., AN AFFILIATE, ARE INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN THE FORM 990. FORM 990, PART XI, LINE 10 THE AUDITED FINANCIAL STATEMENTS WERE PREPARED ON A CONSOLIDATED BASIS. THE CONSOLIDATED NET INCOME(LOSS) EQUALS ($5,804,800). THE NET INCOME FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS ($5,792,665). THE DIFFERENCE IS ($12,135), OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., OVER THE CONSOLIDATED ENTITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS 0 0 INVESTMENTS ONLY 8631931 0 0 0 0 0 0 8631931 0 8631931 0 0 0 1 1 0 PART III ACCOUNTING METHOD: X X X X X 1 EAB GLOBAL INC 2445 M ST NW WASHINGTON DC 20037 DIRECT MAIL 0 88646 140152 -51506 WILSON-BENNETT TECHNOLOGY INC 2239 BILL FOSTER MEMORIAL HWY W CABOT AR 72023 TELEMARKETING 0 22235 25690 -3455 110881 165842 -54961 MD CA CO CT FL GA IL KY MA MI MO NJ NY OH PA TN VA WA WV AL HI MS DC AK X 4 210842 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND EXECUTIVE COMMITTEES OF THE BOARD ARE AUTHORIZED TO REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING. A COPY OF THE RETURN IS MADE AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS ARE REQUIRED TO BE COMPLETED AT THE BEGINNING OF THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CFO WAS DETERMINED BASED ON MARKET FACTORS AND IN CONSULTATION WITH AN INDEPENDENT RECRUITING FIRM. THE EXECUTIVE DIRECTOR IS PAID BY THE UNIVERSITY AND AS SUCH IS SUBJECT TO THE UNIVERSITY'S COMPENSATION STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. PART XI, LINE 2C THE AUDIT PROCESS WAS UNCHANGED FROM THE PRIOR YEAR, AND IS OVERSEEN BY THE AUDIT COMMITTEE. SCHEDULE R, PART II: PURCHASES, LEASES, AND HOLDS TITLE TO BOTH REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF THE FOUNDATION. UNIVERSITY PROPERTIES INC 1130 N CHARLES STREET BALTIMORE MD 21201 521040290 SEE SCHEDULE O MD 501(C)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 UNIVERSITY PROPERTIES INC N