2022-11-22T10:26:24-06:00 2022-06-30 390758449 Wipfli LLP 30 Long Creek Drive South Portland ME 041062437 990 2021-07-01 043350930 University of Southern Maine Foundation UNIV 2077804708 Po Box 9300 Portland ME 041049300 Ainsley Newman Wallace President & CEO 2077804708 2022-11-15 1 Ainsley Newman Wallace 999009999 Patrick Nicholas CPA P00289567 2077745701 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Ainsley Newman Wallace Po Box 9300 Portland ME 041049300 17054045 0 X www.usm.maine.edu/foundation X 1996 ME Support for the University of Southern Maine. 24 23 23 23 0 0 15240495 15144157 1507892 1488594 359809 421294 0 0 17108196 17054045 2581125 4997336 0 0 1808407 1994209 344428 430534 1410295 220474 299796 4954434 7721875 12153762 9332170 49206133 53917918 325679 54025 48880454 53863893 To actively build and steward resources in support of the University of Southern Maine's mission of education, research, and public service and to educate the public about the activities and programs of the University of Southern Maine. 0 0 5664546 4997336 1488594 Supported the University by transferring scholarship funds for students studying, Science, Technology, Engineering, Health, Education, Music, Nursing, and for Students Studying at the Lewiston-Auburn Campus. Received donations to assist in supplying the Osher Map Library, housed at the University of Southern Maine, with maps, books, and artifacts. Received several large pledge intentions to create endowments for: an Endowed Chair for Risk Management, Promise Scholarship Fund, and Music Scholarships. Continued to invest endowments prudently and responsibly in order to provide income for scholarships, professorships, staff development and operations which all benefit the University of Southern Maine. 5664546 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 6 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Vicki LaQuerre 2072288521 PO Box 9300 Portland ME 04104 Daniel Crewe Chair 2.00 X X 0 0 0 Stephen deCastro Vice Chair 1.00 X X 0 0 0 Timothy Griffin Treasurer 1.00 X X 0 0 0 Todd Chamberlain Secretary 1.00 X X 0 0 0 Justin Alfond Director 1.00 X 0 0 0 Kenneth A Blaschke Director 1.00 X 0 0 0 Marci Booth Director 1.00 X 0 0 0 Kelly Brewer Director 1.00 X 0 0 0 Robert H Dodge Director 1.00 X 0 0 0 Dajaun Eubanks Director 1.00 X 0 0 0 Mo Ibourk Director 1.00 X 0 0 0 Stephen Irish Director 1.00 X 0 0 0 Dan Kleban Director 1.00 X 0 0 0 Rebecca McKinnell Director 1.00 X 0 0 0 Dean Murray Director 1.00 X 0 0 0 Casey Prentice Director 1.00 X 0 0 0 John Ryan Director 1.00 X 0 0 0 Lois Skillings Director 1.00 X 0 0 0 Ray Stevens Director 1.00 X 0 0 0 Linda Varrell Director 1.00 X 0 0 0 Dr Jacqueline Edmondson Director 1.00 X 0 0 0 Luc Nya Director 1.00 X 0 0 0 Kate Beever Director 1.00 X 0 0 0 Ainsley Newman Wallace President 40.00 X 165277 0 39672 Corey Hascall Vice President 40.00 X 123245 0 34234 Erin Macey Executive Director 40.00 X 106997 0 38556 Susan Palmer Director of Principal Gift 40.00 X 109232 0 11116 504751 0 123578 4 0 1 0 Community Counseling Service Co LLC PO Box 824885 Philadelphia PA 19182 Fundraising consultant 430534 1 248400 14895757 728448 15144157 Advancements services 900099 1488594 1488594 1488594 421294 421294 17054045 1488594 0 421294 4997336 4997336 300900 72930 42840 185130 1140689 344839 351546 444304 101244 29361 27336 44547 335640 92872 102030 140738 115736 33563 31249 50924 16116 4674 4351 7091 15859 4599 4282 6978 430534 430534 46004 6961 28481 10562 74289 21544 20058 32687 51197 14851 13826 22520 54590 15831 14739 24020 15807 4584 4268 6955 3036 880 820 1336 4474 1297 1208 1969 OTHER EXPENSES 18424 18424 7721875 5664546 647034 1410295 11209248 16180398 5793306 9266263 32060559 28345661 143020 125596 49206133 53917918 77279 54025 248400 325679 54025 X 1059408 855487 47821046 53008406 48880454 53863893 49206133 53917918 X 9332170 -4259087 -89644 X 0 1 X 1 0 X 3037376 5447241 4927335 15240495 15144157 43796604 3037376 5447241 4927335 15240495 15144157 43796604 18123865 25672739 272095 448991 374205 359809 421294 1876394 45672998 7625463 0.56210 0.62520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31964497 2020950 -3838007 3107687 27039753 23266221 3166994 6393912 862630 31964497 21962340 1864204 213278 773601 23266221 20261631 1925313 588722 813326 21962340 18110692 1666269 1204677 720007 20261631 0.89000 0.11000 1 0 0 Beneficial Interest In Char Rem Trust 1305908 F UMaine System Investment Pool 27039753 F 28345661 12776889 -4259087 -18069 -4277156 17054045 0 17054045 7793450 71575 71575 7721875 0 7721875 Part V, Line 4: ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS, PROFESSORSHIPS AND OPERATIONS. Part XI, Line 2d - Other Adjustments: change in value of beneficial interest -18,069. Part XII, Line 2d - Other Adjustments: Bad debts provision 71,575. X X X X 1 Community Counseling Service Co LLC PO Box 824885 Philadelphia PA 191824885 Consulting 0 0 430534 -430534 430534 -430534 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 2045457 0 USM programs & capital projects UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 854479 0 Endowment income gifted to USM USM Osher Map Library Foundation c/o Osher Map Library and Smith Center PO Box 9300 Portland ME 04104 843918658 2076608 0 Osher Map Library Collection UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 0 20792 Vendor valuation and invoices Donor's gift for the purchase of rare books and maps Osher Map Library Collection 2 Part I, Line 2: For restricted gifts - an invoicing system is used in accordance with an operating agreement established with the University of Maine System, and consistent with the donor's intentions. For endowment income gifted - the funds are remitted to University of Maine System to be used in accordance with donor agreements. X X 0 0 0 0 0 0 0 0 0 Ainsley Newman Wallace President 165277 0 0 0 0 0 17272 0 22400 0 204949 0 0 0 Corey Hascall Vice President 123245 0 0 0 0 0 11945 0 22289 0 157479 0 0 0 Part I, Line 3 The President/CEO's compensation is determined by the board and included in their written employment contract. X 15 728448 FMV 0 1 0 Form 990, Part VI, Section B, line 11b Line 11a explanation - The return is prepared by our outside auditors in conjuction with information provided by the Foundation. The draft return is provided to the Foundation's Finance & Audit Committee for review and discussion. The final draft return is reviewed by the Foundation's finance manager and then provided to the Foundation's Board of Directors for final approval. Form 990, Part VI, Section B, line 12c All officers and directors with voting authority annually complete USM Foundation's code of ethics and conflict of interest agreements. A checklist is maintained tracking all forms received and reviewed for compliance. Form 990, Part VI, Section B, line 15a The Board of Directors reviews and approves the compensation for the President. Form 990, Part VI, Section C, line 19 The Foundation does make its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Bad debts provision -71,575. Change in value of beneficial interest & life insurance -18,069. USM Foundation Supporting Council PO Box 9300 Portland ME 04104 814103942 Educational ME 501(c)(3) Line 5 Universtiy of SOuthern Maine Foundation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0