2019-05-11T07:53:58-05:00 2018-06-30 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2017-07-01 311678679 University of Maryland Baltimore Foundation Inc % PAM HECKLER UNIV 4107065631 620 W Lexington St 2nd FL Baltimore MD 212011508 PAM HECKLER TREASURER 4107065631 2019-05-10 true Marc Berger P01871563 7038930600 47.186.88.54 54621820191315000003 2019-05-11 P 342C69388EA7BCA13281E38B3DD773C2383BC7B2 453C092F4FAE56C85AAB65CCAB8DCA36E7EE5C2A 2017 2019-02-21 02:37:17Z UMBF INC UMB FOUNDATION PAM HECKLER 620 W Lexington St 2nd FL Baltimore MD 212011508 84214692 false X WWW.UMARYLAND.EDU/UMBF X 1999 MD SOLICIT/RECEIVE CONTRIBUTIONS/GRANTS FROM GENERAL PUBLIC TO HOLD, INVEST AND ADMINISTER THESE FUNDS AND PAY EXPENDITURES FOR UNIVERSITY AND SERVE IN ADVISORY ROLE TO PRESIDENT. 33 33 0 109 253705 252405 30974719 34645129 527550 1215650 16540942 17411910 119052 115305 48162263 53387994 16889875 14963144 0 0 0 0 0 0 663076 9939377 11045818 26829252 26008962 21333011 27379032 298594985 328466910 3448942 3035076 295146043 325431834 X THE ORGANIZATION'S MISSION IS TO SOLICIT AND RECEIVE CONTRIBUTIONS AND GRANTS FROM THE GENERAL PUBLIC AND TO HOLD, INVEST, AND ADMINISTER THESE FUNDS AND PAY EXPENDITURES FOR THE BENEFIT OF THE UNIVERSITY OF MARYLAND IN BALTIMORE AND TO SERVE IN AN ADVISORY ROLE TO ITS PRESIDENT. false false 11860568 8215143 418456 The UMB Foundation supports academic programs, clinical activities and research in the University of Maryland School of Medicine (UMSOM). Established in 1807, UMSOM is the first public and fifth oldest medical school in the U.S. and the first to institute a residency training program. In 2018, the UMSOM graduated a total of 333 students with medical, allied health, or graduate degrees. Of the graduating students, 138 received their medical degrees and joined the ranks of more than 14,000 living alumni. Medical students matched with residency programs at 69 different hospitals in 30 states. This past year, the UMSOM admitted another class of students with exceptional academic credentials, which included 156 new medical students. Of the total 1,261 students enrolled, 621 are medical (M.D.) students and 632 are enrolled in medical graduate programs. A leader in biomedical research, the UMSOM secured more than $537 million in grants and contract support in FY2018. According to the latest data from the Association of American Medical Colleges, the UMSOM ranks 8th among public medical schools and 26th among all 151 public and private medical schools in terms of grant and contract expenditures. More than half of the practicing physicians in Maryland receive training at the UMSOM or its clinical partner, the University of Maryland Medical Center. The UMSOM is committed to the education and training of MD, PhD, graduate, physical therapy and rehabilitation science, and medical research technology students. 3718348 2790326 31635 The UMB Foundation supports academic programs and clinical and research activities in the University of Maryland Francis King Carey School of Law (Maryland Carey Law). Established in 1816, Maryland Carey Law began regular instruction in 1824. It is the third oldest law school in the nation. The innovative academic and specialty programs have garnered national and international recognition. The Maryland Carey Law's experiential programs are among the most extensive in the country, including the nationally ranked Clinical Law Program, which offers more than 100,000 hours of free legal services to the state of Maryland and has been in existence for more than 40 years. Interdisciplinary specialty programs are offered in environmental law and law and health care. Other programs include advocacy, alternative dispute resolution, business law, intellectual property law and international and comparative law. The Maryland Carey Law seeks to promote a more just society by educating outstanding lawyers and leaders, advance the understanding of law and legal institutions and enhance access to justice. Excellence in teaching prepares students for leadership and professional success in a wide range of careers and promotes in both students and faculty the highest standard of public and professional service. 1902332 1374233 675070 The UMB Foundation supports academic programs, research and community work at the University of Maryland School of Social Work (SSW). SSW's mission is to develop leaders and scholars to advance the well-being of populations and communities at risk. SSW is a highly-ranked institution that produces outstanding social workers whose practice advances the well-being of all the people they serve. U.S. News & World Report ranks the school 16th (top 8%) in their list of social work graduate schools in America. The School serves society through the development of knowledge in education, research, scholarship, service innovation, and advocacy. SSW was created in 1961 and has grown to become one of the largest and most respected schools of social work in America. Part of a public university in a diversified state and region, the school promotes research on social work services and social and economic justice in all of its activities. SSW students provide 500,000 hours of social work services a year within the State of Maryland and surrounding communities. The student body concentration breakout is generally 80% clinical and 20% macro (management & community organization), the largest macro concentration program in the country. In addition to the school's academic side, SSW has multiple community service programs such as SWCOS (Social Work Community Outreach Services), which allows students to provide their field service to small non-profits throughout the region and then connect this work back to research. The SSW also has more than $35M in annual research and training grants. 5186130 2583442 90489 22667378 true true false false false false false false false true false true false false true true true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true 211 0 true 0 false false false false false true true false false false false X 33 33 false false false false false false false true true false false true true true true true true false false false AK CA CO KY MD MA MN NH NJ NY OH OK OR SC UT WA X X PAM HECKLER 4107065631 620 W LEXINGTON ST 2ND FL BALTIMORE MD 212011508 WILLIAM T WOOD CHAIR 1.0 0.0 X X 0 0 0 HAROLD E CHAPPELEAR VICE-CHAIR 1.0 0.0 X X 0 0 0 HARRY C KNIPP SECRETARY 0.5 0.0 X X 0 0 0 ANTHONY P ASHTON TRUSTEE 0.5 0.0 X 0 0 0 MARCO A CHACON TRUSTEE 0.5 0.0 X 0 0 0 CHARLES W COLE JR TRUSTEE 0.5 0.0 X 0 0 0 STEVE DUBIN TRUSTEE 0.5 0.0 X 0 0 0 TISHA S 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17325 Creative Service 207333 American Seating 9058 Paysphere Circle CHICAGO IL 60674 Auditorium Seating 206968 Culinart Inc 621 W Lombard Street Suite 338 BALTIMORE MD 21201 PROGRAM EVENT SRVS 197792 24 28788 639358 33976983 6820069 34645129 CONFERENCES/EDUCATIONAL PROGRAMS 611710 982373 982373 CONTRACTS AND PUBLICATIONS 611710 194455 194455 FACULTY, STAFF, AND ALUMNI FUNCTIONS 900099 38354 38354 MEMBERSHIPS AND DUES 900099 468 468 1215650 3931511 253705 3677806 0 7770 7770 0 0 0 44232919 30752520 13480399 13480399 13480399 181713 639358 74178 107535 107535 0 0 0 0 0 0 0 53387994 1215650 253705 17273510 14740158 14740158 222986 222986 0 0 0 0 0 0 0 0 0 0 0 3159784 1196255 1871450 92079 6285 6285 176306 176306 0 0 1891237 1620965 269398 874 0 645160 608639 12965 23556 378752 184651 128195 65906 346700 299476 41376 5848 0 680665 676301 73 4291 221196 197152 18486 5558 0 2480229 2129670 85304 265255 0 4649 1469 3180 0 15179 337 13183 1659 PRINTING & PUBLICATIONS 485302 311907 60187 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THESE ENDOWMENTS ARE PREDOMINANTLY PERMANENTLY RESTRICTED AND THEY HAVE VARIOUS PURPOSES INCLUDING SCHOLARSHIPS, PROFESSORSHIPS, LECTURESHIPS, CHAIRS, CAPITAL EXPENDITURES, AND RESEARCH ACTIVITIES. SCHEDULE D, PART X, LINE 2: THE FOUNDATION HAS ANALYZED ITS TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 AND 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO ASSET OR LIABILITY HAS BEEN RECORDED AS OF JUNE 30, 2018 OR 2017 FOR UNCERTAIN TAX POSITIONS. 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THE GRANT AGREEMENT IS REVIEWED AND SIGNED BY THE ORGANIZATION'S TREASURER. PERIODIC GRANT PROGRESS REPORTS AND FINANCIAL REPORTS ARE PREPARED UNDER THE DIRECTION OF THE PRINCIPAL INVESTIGATOR. SUBJECT TO THE LANGUAGE IN THE GRANT AGREEMENT, REMAINING FUNDS ARE RETURNED TO THE GRANTING ORGANIZATION. X true true false false false false false false false false false THOMAS SULLIVAN PRESIDENT & CEO 400000 0 0 0 0 0 19213 0 22209 0 441422 0 0 0 PAM HECKLER TREASURER/CHIEF OPERATING OFF 185000 0 0 0 0 0 36131 0 19988 0 241119 0 0 0 JAN WRIGHT ASSISTANT TREASURER 165000 0 0 0 0 0 11963 0 17675 0 194638 0 0 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT/CEO IS PROVIDED A MEMBERSHIP IN A PRIVATE DINING AND MEETING ESTABLISHMENT FOR THE SOLE PURPOSE OF CONDUCTING FOUNDATION BUSINESS, AND IS NOT INCLUDED IN TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 3 THE ORGANIZATION HAS NO EMPLOYEES. MEMBERS OF THE ORGANIZATION'S WORKFORCE ARE EMPLOYEES OF THE UNIVERSITY OF MARYLAND, BALTIMORE (UMB). THE ORGANIZATION REIMBURSES THE UNIVERSITY ANNUALLY FOR ITS SHARE OF THE COMPENSATION. UMB IS PART OF THE UNIVERSITY SYSTEM OF MARYLAND, A STATE AGENCY, THEREFORE, COMPENSATION OF OFFICERS AND MEMBERS OF THE ORGANIZATION'S WORKFORCE IS ESTABLISHED, MONITORED, AND GOVERNED BY REGULATIONS AND GUIDELINES IN PLACE FOR ALL STATE OF MARYLAND EMPLOYEES. IN ADDITION, THE ORGANIZATION'S BUDGET WHICH INCLUDES AGGREGATE SALARIES IS REVIEWED BY THE FINANCE COMMITTEE AND FULL BOARD OF TRUSTEES. X 110 6820069 AVERAGE MKT HIGH/LOW false true false PART I, COLUMN (b) THE ITEMS LISTED IN PART I, LINE 9, SECURITIES - PUBLICLY TRADED, REFERENCES THE NUMBER OF NONCASH CONTRIBUTIONS. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES The University of Maryland School of Nursing (UMSON) was founded in 1889 and is one of the oldest and largest nursing schools in the nation. The mission of the school is to shape the profession of nursing by developing nurse leaders in education, research, and practice through excellent baccalaureate, graduate, and continuing education programs; cutting edge science and research; and an innovative clinical enterprise. With an average annual enrollment of more than 1,900 students, UMSON is the largest nursing school in Maryland and produces 41% of the states professional nurse workforce. 73% of the 147 faculty members hold doctoral degrees and are nationally recognized experts in teaching, research, and clinical practice; more than 30% are Fellows of the American Academy of Nursing. UMSON has an excellent record of recruiting and retaining a diverse student population: currently 12% of students are male and 46% reflect minority/underrepresented populations, exceeding national averages. More than 23,000 living alumni carry on the UMSON tradition of excellence in 50 states and 29 countries. UMSON has students on two campuses in Baltimore at the University of Maryland, Baltimore and in Rockville at the Universities at Shady Grove. US News & World Report has ranked UMSON as #13 among all accredited graduate nursing programs out of more than 750 schools of nursing nationwide. Ten of the Schools specialties and programs are ranked in the top 10; the Clinical Nurse Leader program is ranked #2. Of the top ranked schools of nursing, UMSON is one of the most affordable. EXPENSES: $1,906,698; GRANTS: $1,733,802; REVENUE: $6,045 Established in 1841, the University of Maryland School of Pharmacy is ranked as one of the top ten schools of pharmacy in the United States. The School is a thriving center for professional and graduate education, pharmaceutical care, research, and community service. Its faculty create the future of pharmacy by pioneering new roles for pharmacists in advanced clinical practice and conducting cutting-edge research in drug discovery and development, comparative effectiveness and patient-centered outcomes, and disease management. A contemporary curriculum, innovative educational experiences, and strategic professional relationships help to inspire excellence in the Schools more than 800 students, residents, and postdoctoral fellows. Together, we are critical thinkers, lifelong learners, and leaders who are sought for our expertise. EXPENSES: $871,818; GRANTS: $459,571; REVENUE: $30,986 The University of Maryland School of Dentistry (SOD), founded in 1840, is the first dental school in the world establishing the first doctor of dental surgery degree in 1841. As the only dental school in the state of Maryland, the SOD provides essential dental care for more than 23,000 patients resulting in approximately 98,000 patient visits, many of whom are underserved. SOD scientists, specializing in cancer, pain and microbiological research, discover treatments that inform patient care. The SOD building, completed in 2006, is one of the most technologically advanced dental educational facilities in the World. Through the innovative technology based curriculum, each class of approximately 130 students is equipped with skills to excel in 21st century dentistry. Upon graduation, SOD students join a network of more than 7,000 alumni who are leaders in the oral healthcare field. EXPENSES: $1,217,804; GRANTS: $477,564; REVENUE: $4,478 The UMB Foundation manages and invests private gifts and/or property for the benefit of the University of Maryland in Baltimore (UMB), facilitates fundraising programs and contributions from private sources, and engages in other activities to further educational, research and service missions of UMB. UMB is Maryalnd's public academic health and law university devoted to professional and graduate education, research, patient care, and public service. UMB includes the Schools of Medicine, Law, Pharmacy, Dentistry, Nursing, Public Health, and Social Work, the Health Sciences & Human Services Library. Using state-of-the-art technological support. UMB educates leaders in health care delivery, biomedical sciences, social services, and law. By conducting internationally recognized collaborative research to cure disease and to improve the health, social functioning and treatment of the people it serves, the university fosters economic development in the city, state and region. UMB is a major employer in Baltimore, generating $13 in economic activity for every $1 of state general funds invested in FY 2018. UMB was awarded over $667.4 million in research and grant funding. EXPENSES: $1,189,810; GRANTS: $(87,495); REVENUE: $48,979 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT VERSION OF FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF TRUSTEES. THIS COMMITTEE REVIEWS THE RETURN. ANY CORRECTIONS OR SUGGESTIONS ARE MADE TO THE DRAFT RETURN. UPON FORMAL APPROVAL BY THIS BODY, THE RETURN IS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE BY THE EXTENDED DUE DATE. THE APPROVED FILING IS AVAILABLE TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A DISCLOSURE FORM ANNUALLY TO INDICATE ANYTHING THAT THEY PERCEIVE TO BE A CONFLICT AS DESCRIBED IN THE POLICY. THE PRESIDENT OF THE ORGANIZATION MAINTAINS A RECORD THAT INDICATES COMPLIANCE WITH THIS POLICY BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO EMPLOYEES. MEMBERS OF THE ORGANIZATION'S WORKFORCE ARE EMPLOYEES OF THE UNIVERSITY OF MARYLAND, BALTIMORE (UMB). THE ORGANIZATION REIMBURSES THE UNIVERSITY ANNUALLY FOR ITS SHARE OF THE COMPENSATION. UMB IS PART OF THE UNIVERSITY SYSTEM OF MARYLAND, A STATE AGENCY, THEREFORE, COMPENSATION OF OFFICERS AND MEMBERS OF THE ORGANIZATION'S WORKFORCE IS ESTABLISHED, MONITORED, AND GOVERNED BY REGULATIONS AND GUIDELINES IN PLACE FOR ALL STATE OF MARYLAND EMPLOYEES. IN ADDITION, THE ORGANIZATION'S BUDGET WHICH INCLUDES AGGREGATE SALARIES IS REVIEWED BY THE FINANCE COMMITTEE AND FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS A PUBLIC DISCLOSURE FILE IN ITS OFFICE WHERE THE BOOKS AND RECORDS ARE MAINTAINED. THIS FILE CONTAINS IRS FORM 1023 APPLICATION OF RECOGNITION OF EXEMPTION AND THE PUBLIC DISCLOSURE VERSION OF IRS FORM 990 RETURN OR ORGANIZATION EXEMPT FROM INCOME TAX FOR THE THREE MOST RECENT FISCAL YEARS. THESE DOCUMENTS PLUS THE ARTICLES OF INCORPORATION BYLAWS, CONFLICT OF INTEREST AND NEPOTISM POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.