2022-04-19T05:46:04-05:00 2021-06-30 990 2020-07-01 522197313 UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC UNIV 3014055244 4603 CALVERT ROAD COLLEGE PARK MD 20740 CYNTHIA ALLEN CFO 3014055244 2022-04-19 CYNTHIA ALLEN 999009999 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRODIE REMINGTON 4603 CALVERT ROAD COLLEGE PARK MD 20740 109216276 0 X UMCPF.ORG X 1999 MD 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. 55 55 0 0 0 0 76028555 83324413 422655 473966 29418356 24502155 1336948 915742 107206514 109216276 45987931 44377851 0 0 0 0 0 0 252949 20019844 47941470 66007775 92319321 41198739 16896955 748630079 869831500 18120862 14323742 730509217 855507758 X TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS AND TO MAKE EXPENDITURES THAT BENEFIT THE UNIVERSITY OF MARYLAND COLLEGE PARK, IN SUPPORT OF ITS MISSION, GOALS AND PROGRAMS. 0 0 12063049 10616498 9781 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. 16418454 12009313 13270 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. 44528885 6312110 319205 FACILITY - TO PROVIDE SUPPORT TO THE UPKEEP, REPAIR, AND CONSTRUCTION OF THE BUILDINGS AND GROUNDS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK 15454558 15439930 59711 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 15454558 15439930 59711 88464946 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 92 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 55 55 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CYNTHIA ALLEN 3014055244 4603 CALVERT ROAD COLLEGE PARK MD 20740 JACKIE LEWIS PRESIDENT (TO JUL '20) 4.00 40.00 X X 0 323767 11692 CYNTHIA ALLEN VP/CFO/TREASURER 12.00 40.00 X 0 261432 24511 AMY EICHHORST SECRETARY 8.00 40.00 X 0 253858 27436 BERNADETTE MALDONADO SECRETARY 8.00 40.00 X 0 212334 31313 WILLIAM BRODIE REMINGTON PRESIDENT 4.00 40.00 X 0 168140 14265 JANICE MCMILLAN ASST CFO/TREASURER 36.00 40.00 X 0 165271 27467 PAUL S MANDELL BOARD CHAIR 1.00 X X 0 0 0 MARLENE K FELDMAN CHAIR - ADVOCACY/GOVERNMENT 1.00 X X 0 0 0 DR RUCHI MEHTA CHAIR- BUDGET, AUDIT AND INVESTMENT COM 1.00 X X 0 0 0 ALBERT P CAREY CHAIR - CAMPAIGN CABINET 1.00 X X 0 0 0 MS NICOLE POLLARD ESQ CHAIR - COMMITTEE ON TRUSTEES 1.00 X X 0 0 0 CRAIG A THOMPSON ESQ CHAIR - EXECUTIVE COMMITTEE 1.00 X X 0 0 0 DANIEL I MILLMAN CHAIR - REAL ESTATE 1.00 X X 0 0 0 KAREN B LEVENSON CO CHAIR - FEARLESS IDEAS CAMPAIGN 1.00 X X 0 0 0 EMILIO A FERNANDEZ EXEC COMMITTEE AT LARGE 1.00 X X 0 0 0 ROSE HORAN COHEN EXEC COMMITTEE AT LARGE 1.00 X X 0 0 0 ERIC FRANCIS EXEC COMMITTEE AT LARGE 1.00 X X 0 0 0 MICHAEL J SCHWAB EXEC COMMITTEE AT LARGE 1.00 X X 0 0 0 V RAYMOND FERRARA IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MURRAY P ABRAMS TRUSTEE 1.00 X 0 0 0 ARTHUR H ADLER TRUSTEE 1.00 X 0 0 0 SHARON L AKERS TRUSTEE 1.00 X 0 0 0 WANDA A ALEXANDER TRUSTEE 1.00 X 0 0 0 ALAN M ALSHEIMER JR TRUSTEE 1.00 X 0 0 0 CARLTON M ARRENDELL TRUSTEE 1.00 X 0 0 0 KENNETH BEDINGFIELD TRUSTEE 1.00 X 0 0 0 DR JAMES CANTOR TRUSTEE 1.00 X 0 0 0 MARK T CIARDI TRUSTEE 1.00 X 0 0 0 NANCY CLARVIT TRUSTEE 1.00 X 0 0 0 JASON COHEN TRUSTEE 1.00 X 0 0 0 RYAN L DEARBORN TRUSTEE 1.00 X 0 0 0 JOEL J FELLER ESQ TRUSTEE 1.00 X 0 0 0 RICHARD FINKLERSTEIN TRUSTEE 1.00 X 0 0 0 CHRISTINE FISHER TRUSTEE 1.00 X 0 0 0 HARRY L GELLER TRUSTEE 1.00 X 0 0 0 BRIAN J GIBBONS TRUSTEE 1.00 X 0 0 0 ALMA G GILDENHORN TRUSTEE 1.00 X 0 0 0 STANLEY H GOLDSTEIN TRUSTEE 1.00 X 0 0 0 WILLIAM GREENBLATT ESQ TRUSTEE 1.00 X 0 0 0 BRENDAN IRIBE TRUSTEE 1.00 X 0 0 0 MICHAEL E JOHNSON TRUSTEE 1.00 X 0 0 0 MARK LEWIS TRUSTEE 1.00 X 0 0 0 MICHAEL P LUZIO TRUSTEE 1.00 X 0 0 0 TIMOTHY F MALONEY TRUSTEE 1.00 X 0 0 0 KEVIN A PLANK TRUSTEE 1.00 X 0 0 0 MARVIN H RABOVSKY TRUSTEE 1.00 X 0 0 0 AVIS H RICHARDS TRUSTEE 1.00 X 0 0 0 HARVEY L SANDERS TRUSTEE 1.00 X 0 0 0 ROBERT R SATTERFIELD TRUSTEE 1.00 X 0 0 0 LAURA SCHEELER TRUSTEE 1.00 X 0 0 0 DR PHILLIP L SCHNEIDER TRUSTEE 1.00 X 0 0 0 GAIL SEGAL ELMORE TRUSTEE 1.00 X 0 0 0 MARGARET MOOSE SWALLOW TRUSTEE 1.00 X 0 0 0 CATHERINE MERRILL WILLIAMS TRUSTEE 1.00 X 0 0 0 0 1384802 136684 0 0 1 0 CLARK CONSTRUCTION LLC 7500 OLD GEORGETOWN ROAD BETHESDA MD 20814 CONSTRUCTION 36919811 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 TELL-A-TERP CALL CENTER 578212 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 COMPUTER SOFTWARE 300904 MOI-BALTIMORE PO BOX 826500 PHILADELPHIA PA 19182 FURNITURE MANUFACTURING 259458 BAKER STRATEGIES 2508 PARKWAY CHEVERLY MD 20785 CONSULTING 220810 11 31077 83293336 9788456 83324413 SALES AND SUITE PREMIUMS 900099 450290 450290 JOURNALISM NEWS SERVICE 900099 19693 19693 EDUCATIONAL PROGRAMS 900099 3983 3983 473966 5009463 5009463 888975 0 888975 888975 888975 19492692 0 19492692 19492692 19492692 NON-GIFT REVENUE 900099 26767 26767 26767 109216276 473966 0 25417897 44377851 44377851 257870 53352 204518 168200 168200 113151 113151 3993886 3082227 911659 926017 832454 93563 964381 914865 49516 509466 405492 103974 102440 49110 53330 13810 11194 2616 87078 84288 2790 213652 213652 255244 255244 157492 56772 100720 REPAIR/RENOVATION BLDG 38422462 38354873 67589 REIMBURSEMENT TO UMCP 1050231 1050231 BANK AND CREDIT CARD FE 267142 14193 252949 EDUCATIONAL PROGRAMS 200139 200139 238809 42329 196480 92319321 88464946 3601426 252949 55126116 31121973 146170529 125877538 21442 61181 545426 7162838 68609 36374 31624251 1347182 30385963 30277069 39905567 31386415 476373760 643908112 32667 748630079 869831500 627644 3776166 926816 1373937 5429538 3371531 11136864 5802108 18120862 14323742 X 4800674 2975162 725708543 852532596 730509217 855507758 748630079 869831500 X 16896955 100683393 7418192 X 0 1 X 1 0 X 63180272 168732834 122441911 75941914 83293336 513590267 63180272 168732834 122441911 75941914 83293336 513590267 513590267 29864040 15999076 20441217 30589509 24502154 121395996 634986263 0.80880 0.55520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X STATUE DONATED BY ARTIST 0 503956000 47913000 121077000 10262000 5865000 656819000 491704000 26221000 2296000 10761500 5504000 503955500 437529000 47890000 23315000 11408000 5622000 491704000 328384914 98606032 27648000 8575000 5014032 441049914 288201000 16340401 31239866 9013511 3382842 323384914 0.02000 0.98000 0 1 1 12300 12300 31511951 1347182 30164769 100000 100000 30277069 3750000 C ENDOWMENT INVESTMENT POOL 598858551 C OPERATING FUND INVESTMENT POOL 23775067 C CGA/CRUT INVESTMENT POOL 17524494 C 643908112 ANNUITIES PAYABLE 5801708 FUNDS HELD FOR OTHERS 400 5802108 X 217317863 108101587 108101587 109216276 0 109216276 92319320 0 92319320 0 92319320 PART V, LINE 4: FUNDS ARE HELD AND INVESTED BY THE FOUNDATION IN ORDER TO GENERATE INCOME USED TO SUPPORT THE EDUCATIONAL AND PROGRAM GOALS OF THE UNIVERSITY OF MARYLANDCOLLEGE PARK SCHEDULE PART X, LINE 2: THE FASB ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY OF INCOME TAX POSITIONS. THIS GUIDANCE DEFINES THE THRESHOLD FOR RECOGNIZING TAX RETURN POSITIONS IN THE FINANCIAL STATEMENTS AS "MORE LIKELY THAN NOT" THAT THE POSITION IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THIS GUIDANCE ALSO PROVIDES GUIDANCE ON THE MEASUREMENT, CLASSIFICATION AND DISCLOSURE OF TAX RETURN POSITIONS IN THE FINANCIAL STATEMENTS. NO ASSET OR LIABILITY HAS BEEN RECORDED AS OF JUNE 30, 2021 OR JUNE 30, 2020 FOR UNCERTAIN TAX POSITIONS. X X X X X X 0 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 TERP CALL CENTER 0 0 578212 -578212 WASHBURN & MCGOLDRICK INC 24 N BRYN MAWR RD STE 252 BRYN MAWR PA 19010 FUNDRAISER COUNSEL 0 0 13500 -13500 591712 -591712 AK AL AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS MT NC ND NH NJ NM NY OH OK OR PA RI SC TN UT WA WI WV 1 UNIVERSITY OF MARYLAND COLLEGE PARK 2119 MAIN ADMINISTRATION BLDG COLLEGE PARK MD 20742 526002033 170(C)(1) 44377851 FMV SCHOLARSHIPS/FELLOWSHIPS 1 0 PART I, LINE 2: THE UNIVERSITY OF MARYLAND COLLEGE PARK AWARDS SCHOLARSHIPS PER REVIEW BY SCHOLARSHIP COMMITTEE IN THE INDIVIDUAL SCHOOLS, COLLEGES AND THE OFFICE OF STUDENT FINANCIAL AID. THE COMMITTEES APPLY CRITERIA IN EACH GIFT AGREEMENT AND MAKE SCHOLARSHIP AWARD DECISIONS BASED ON THE QUALIFICATIONS OF THE CANDIDATE AND/OR FINANCIAL NEED. THE UNIVERSITY PAYS FOR THE AWARDS BASED ON THE AWARD LETTER. THE APPROPRIATE PAPERWORK IS THEN PROVIDED TO THE FOUNDATION TO PROCESS A REIMBURSEMENT TO THE UNIVERSITY FOR THE SCHOLARSHIP AWARDED. OTHER UNIVERSITY OF MARYLAND COLLEGE PARK EXPENSES (SALARY, BENEFITS, OPERATING EXPENSES, ETC.) ARE PAID THROUGH THE UNIVERSITY ACCOUNTING SYSTEM AND REIMBURSED BY THE FOUNDATION VIA OPEN SUBMISSION OF THE APPROPRIATE DOCUMENTATION. X 0 1 0 0 0 0 0 0 0 0 0 JACKIE LEWIS PRESIDENT (TO JUL '20) 0 0 0 0 0 323767 0 6177 0 5515 0 335459 0 0 CYNTHIA ALLEN VP/CFO/TREASURER 0 0 0 0 0 261432 0 19032 0 5479 0 285943 0 0 AMY EICHHORST SECRETARY 0 0 0 0 0 253858 0 18612 0 8824 0 281294 0 0 BERNADETTE MALDONADO SECRETARY 0 0 0 0 0 212334 0 15458 0 15855 0 243647 0 0 WILLIAM BRODIE REMINGTON PRESIDENT 0 0 0 0 0 168140 0 14265 0 0 0 182405 0 0 JANICE MCMILLAN ASST CFO/TREASURER 0 0 0 0 0 165271 0 12444 0 15023 0 192738 0 0 PART I, LINE 1A THE PRESIDENT OF THE FOUNDATION IS PROVIDED A BUDGETED AMOUNT ANNUALLY TO USE FOR DISCRETIONARY EXPENSES RELATED TO FUNDRAISING AND GENERAL ADMINISTRATIION NOT COVERED BY BUDGETED FUNDS SCHEDULE J, PART I, LINE 1: THE FOUNDATION'S OFFICERS ARE EMPLOYEES OF THE UNIVERSITY OF MARYLAND COLLEGE PARK AND THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THEIR SALARY AND BENEFITS SCHEDULE J, PART I, LINE 3: THE FOUNDATION PRESIDENT AND TOP OFFICER SALARIES ARE DETERMINED BY THE UNIVERSITIES HUMAN RESOURCES AS THE OFFICERS ARE UNIVERSITY EMPLOYEES AND THEREFORE FOLLOW PERSONNEL RULES OF THE STATE OF MARYLAND INCLUDING HIRING AND SALARY ESTABLISHMENT AND REVIEW. X 170 9788456 0 1 0 PART I, COLUMN (B): PART I LINE 9B REFLECTS NUMBER OF INDIVIDUAL SECURITY CONTRIBUTIONS RECEIVED DURING THE FISCAL YEAR FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS TO REVIEW THE IRS FORM 990 IS AS FOLLOWS: THE FOUNDATION STAFF PREPARES THE TAX RETURN AND SUBMITS IT TO CYNTHIA ALLEN - FOUNDATION CFO AND AN OFFICER OF THE FOUNDATION. CYNTHIA ALLEN WILL THEN REVIEW AND APPROVE OF THE TAX RETURN. SHE WILL THEN SUBMIT IT TO THE BOARD OF DIRECTORS VIA A SECURE PORTAL FOR REVIEW FOR A WEEKS TIME AND ANY QUESTIONS ARE IMMEDIATELY ADDRESSES. AFTER ACCEPTANCE BY THE BOARD, THE TAX RETURN IS THEN SIGNED BY THE CFO AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING TRUSTEES, OFFICERS AND EMPLOYEES OF THE FOUNDATION TO ANNUALLY PREPARE A DISCLOSURE FORM. THESE FORMS ARE REVIEWED FOR ANY DISCLOSED CONFLICTS AND TRUSTEES MUST RECUSE THEMSELVES FROM ANY MATTERS THAT COME BEFORE THE BOARD THAT MAY REPRESENTR A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION PRESIDENT AND TOP OFFICER SALARIES ARE DETERMINED BY THE UNIVERSITIES HUMAN RESOURCES AS THE OFFICERS ARE UNIVERSITY EMPLOYEES AND THEREFORE FOLLOW PERSONNEL RULES OF THE STATE OF MARYLAND INCLUDING HIRING AND SALARY ESTABLISHMENT AND REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PUBLISHING THESE DOCUMENTS TO THE ORGANIZATIONS' WEBSITE UMCPF.ORG FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST TRUSTS 7,418,192. TERRAPIN DEVELOPMENT CORPORATION LLC 4423 LEHIGH RD SITE 402 COLLEGE PARK MD 20740 821381093 REAL ESTATE MD 1051366 28392024 UNIVERSITY OF MARYLAND THE UNIVERSITY OF MARYLAND COLLEGE PARK 2119 MAIN ADMIN BILDG COLLEGE PARK MD 20742 526002033 EDUCATION MD 170(C)(1) N/A 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 THE UNIVERSITY OF MARYLAND COLLEGE PARK B 44377851 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK J 888975 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK O 1050231 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK P 42147888 FMV