2020-12-10T13:03:11-06:00 2020-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2019-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 JENNIFER SCHWARTZ CFO 4108376148 2020-12-09 1 ELISABETH J DEMBECK P01062953 4107275735 2019 2022-09-23 18:48:47Z R THOMAS CRAWFORD 1130 N CHARLES STREET BALTIMORE MD 21201 18831014 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 15 15 4 22 0 0 3038492 6162475 178091 58844 2482753 2893672 0 0 5699336 9114991 0 0 0 0 288957 355626 65440 51821 332395 4167591 3829786 4521988 4237233 1177348 4877758 70178800 72413930 1116830 874952 69061970 71538978 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 3194862 58844 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. 3194862 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 22 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 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 X X X JENNIFER SCHWARTZ 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 TRACEY A DUBREE DIRECTOR 1.00 X 0 0 0 R THOMAS CRAWFORD CHAIR 10.00 X X 0 0 0 MARIE VAN DEUSEN VICE-CHAIR 1.00 X X 0 0 0 NINA YUDELL TREASURER 5.00 X X 0 0 0 RACHEL T MCGUCKIAN SECRETARY 1.00 X X 0 0 0 STUART J SILBERG EXECUTIVE VICE-PRESIDENT 5.00 X X 0 0 0 BARNETT BROOKS DIRECTOR 1.00 X 0 0 0 CARMINE DALESSANDRO DIRECTOR 1.00 X 0 0 0 CLIFTON L BROWN JR DIRECTOR 1.00 X 0 0 0 CYNTHIA H JONES DIRECTOR 1.00 X 0 0 0 JAMES P NOLAN DIRECTOR 1.00 X 0 0 0 JOAN WORTHINGTON DIRECTOR 1.00 X 0 0 0 MICHAEL L CURRY DIRECTOR 1.00 X 0 0 0 PIERCE FLANIGAN DIRECTOR 1.00 X 0 0 0 SAYRA MEYERHOFF DIRECTOR 1.00 X 0 0 0 KURT L SCHMOKE EX-OFFICIO 1.00 X 0 0 0 JENNIFER SCHWARTZ CFO 40.00 X 116407 0 18607 THERESA SILANSKIS EXECUTIVE DIRECTOR, EX-OFF 40.00 X 0 0 0 116407 0 18607 1 0 0 0 0 93995 6068480 24230 6162475 PROGRAM INCOME 900099 58844 58844 58844 983082 983082 11626613 9716023 1910590 1910590 1910590 9114991 58844 0 2893672 119870 119870 170479 168973 1506 19836 19836 24072 24072 21369 21250 119 2891 2891 33776 33776 51821 51821 150061 150061 220882 116839 52092 51951 10924 10924 9416 7646 1770 134412 39836 78466 16110 12674 6034 140 6500 211801 210090 1571 140 11563 11563 STUDENT/FACULTY SUPPORT 1982140 1982140 0 0 BUILDING RENOVATION 523004 523004 0 0 MISCELLANEOUS 320043 92150 23645 204248 OTHER PROGRAM SUPPORT 206199 206199 0 0 4237233 3194862 709976 332395 9449664 11719529 3700707 4845744 38719 24683 52911 61084 37570720 39491380 18911795 15817226 454284 454284 70178800 72413930 445297 406210 671533 468742 1116830 874952 X 5688600 5756825 63373370 65782153 69061970 71538978 70178800 72413930 4877758 -2400750 0 X X 0 1 X 1 0 X 3969255 6720088 3346825 3038492 6162475 23237135 3969255 6720088 3346825 3038492 6162475 23237135 5195438 18041697 978020 838852 777129 1010757 983082 4587840 140042 152323 174151 178091 58844 703451 28528426 0.63240 0.60980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 454284 X X X 0 49877557 2813658 184984 2597332 50278867 49001471 983278 2375812 2483004 49877557 46082443 1689235 3644508 2414715 49001471 41950031 1307598 4871705 2046891 46082443 44215205 1099610 -1336876 2027908 41950031 0.14410 0.85590 0.00000 0 0 0 PRIVATE EQUITY INVESTMENTS 11931572 F INVESTMENT IN USMF 3885654 F 15817226 X 6512863 -2400750 -51317 -2452067 8964930 150061 150061 9114991 4060063 45391 45391 4014672 150061 72500 222561 4237233 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 ORGANIZATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE 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 HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM UNIVERSITY PROPERTIES, INC. 21,183. BAD DEBT EXPENSE -72,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. 45,391. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 72,500. PART XI, LINE 2D REVENUE OF $21,183 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 $45,391 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 $2,452,800. THE NET INCOME FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS $2,477,008. THE DIFFERENCE IS ($24,208), OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS 0 0 INVESTMENTS ONLY 5914503 0 0 0 0 0 0 5914503 0 5914503 0 0 0 1 1 0 PART III ACCOUNTING METHOD: X X X X X X 1 WILSON-BENNETT TECHNOLOGY INC 2239 BILL FOSTER MEMORIAL HWY W CABOT AR 72023 TELEMARKETING 0 127465 51820 75645 127465 51820 75645 MD CA CO CT FL GA IL KY MA MI MO NJ NY OH PA TN VA WA WV AL HI MS DC X 4 24230 MARKET VALUE 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 CURRENT 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 0 0 0 UNIVERSITY PROPERTIES INC N