2018-12-06T15:54:21-06:00 2018-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2017-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 JENNIFER SCHWARTZ CFO 4108376148 2018-12-05 1 SUSAN KELLER P00245169 4107275735 65.246.120.254 2018-12-05 15:45:05 ES P AB7DFB60C93AA1B331567231D7D48371795C5F56 D02183F405E78DEB1C1AE266A48EC8688CB7DF24 2017 2019-02-21 02:37:17Z R THOMAS CRAWFORD 1130 N CHARLES STREET BALTIMORE MD 21201 14617145 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 26 26 4 28 0 0 6720088 3346825 149544 174151 1901779 3147697 2779 0 8774190 6668673 0 0 0 0 411270 349606 151820 85483 343185 7486760 4107084 8049850 4542173 724340 2126500 65991812 69116061 1744629 1685536 64247183 67430525 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 3577109 174151 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. 3577109 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 19 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 26 26 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 SC WA CA AL CT FL GA HI IL KY MS MO TN VA WV PA X X X JENNIFER SCHWARTZ 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 BARNETT BROOKS DIRECTOR 1.00 X 0 0 0 BRETT S LININGER 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 DONALD C FRY DIRECTOR 1.00 X 0 0 0 GREGORY M DERWART DIRECTOR 1.00 X 0 0 0 HARRY C STORM DIRECTOR 1.00 X 0 0 0 JAMES P NOLAN DIRECTOR 1.00 X 0 0 0 JOAN WORTHINGTON SECRETARY 1.00 X X 0 0 0 JOHN F RIPLEY VICE-CHAIR 1.00 X X 0 0 0 KURT L SCHMOKE EX-OFFICIO 1.00 X 0 0 0 MARIANNE S HELLAUER DIRECTOR 1.00 X 0 0 0 MARIE VAN DEUSEN DIRECTOR 1.00 X 0 0 0 MICHAEL L CURRY DIRECTOR 1.00 X 0 0 0 NINA YUDELL TREASURER 5.00 X X 0 0 0 PETER PINKARD DIRECTOR 1.00 X 0 0 0 PIERCE FLANIGAN DIRECTOR 1.00 X 0 0 0 R THOMAS CRAWFORD CHAIR 10.00 X X 0 0 0 RACHEL T MCGUCKIAN DIRECTOR 1.00 X 0 0 0 RICHARD DAVISON DIRECTOR 1.00 X 0 0 0 ROBERT O STEPHENSON DIRECTOR 1.00 X 0 0 0 SAYRA MEYERHOFF DIRECTOR 1.00 X 0 0 0 STEVEN HYATT DIRECTOR 1.00 X 0 0 0 STUART J SILBERG EXECUTIVE VICE-PRESIDENT 20.00 X X 0 0 0 STUART M GOLDBERG DIRECTOR 1.00 X 0 0 0 TRACEY A DUBREE DIRECTOR 1.00 X 0 0 0 JENNIFER SCHWARTZ CFO 40.00 X 109382 0 16045 THERESA SILANSKIS EXECUTIVE DIRECTOR, EX-OFF 40.00 X 0 0 0 109382 0 16045 1 0 0 0 0 88505 3258320 73250 3346825 PROGRAM INCOME 900099 174151 174151 174151 777129 777129 10319040 7948472 2370568 2370568 2370568 6668673 174151 0 3147697 113017 113017 182240 57644 124596 17406 63 17343 14586 14586 22357 4487 17870 4081 1693 2388 33790 33790 85483 85483 164223 164223 308619 217469 45268 45882 102303 102287 16 22685 19278 3407 131683 29293 39551 62839 30694 23713 490 6491 378613 371728 6310 575 11080 11080 STUDENT/FACULTY SUPPORT 1956034 1956034 0 0 OTHER PROGRAM SUPPORT 641662 640378 0 1284 MISCELLANEOUS 293682 125107 27960 140615 LIBRARY RENOVATION 27935 27935 0 0 4542173 3577109 621879 343185 9516879 8166087 5096709 4549681 26714 30182 61199 61593 33786813 37381016 17049214 18473218 454284 454284 65991812 69116061 508925 494154 1235704 1191382 1744629 1685536 X 4732316 4956644 20278127 21584151 39236740 40889730 64247183 67430525 65991812 69116061 2126500 1056842 0 X X 0 1 X 1 0 X 3790004 2995243 3969255 6720088 3346825 20821415 3790004 2995243 3969255 6720088 3346825 20821415 5741507 15079908 866069 588168 978020 838852 777129 4048238 49924 152494 140042 152323 174151 668934 25538587 0.59050 0.49930 X 454284 X X X 0 46082443 1689235 3644508 2414715 49001471 41950031 1307598 4871705 2046891 46082443 44215205 1099610 -1336876 2027908 41950031 42731270 2127558 1331885 1975508 44215205 37802093 822294 5691333 1584450 42731270 0.19900 0.80100 0.00000 0 0 0 PRIVATE EQUITY INVESTMENTS 14615014 F INVESTMENT IN USMF 3858204 F 18473218 X 7560699 1056842 -593 1056249 6504450 164223 164223 6668673 4418268 58318 58318 4359950 164223 18000 182223 4542173 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. 17,407. BAD DEBT EXPENSE -18,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. 58,318. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 18,000. PART XI, LINE 2D REVENUE OF $17,407 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 $58,318 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 $3,142,431. THE NET INCOME FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS $3,183,342. THE DIFFERENCE IS ($40,911), OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS INVESTMENTS ONLY 7162798 0 0 0 0 0 0 7162798 0 7162798 0 0 0 1 1 0 X X X X X 1 RUFFALO NOEL LEVITZ 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 TELEMARKETING 0 164409 129728 34681 164409 129728 34681 MD CA CO CT FL GA IL KY MA MI MO NJ NY OH PA SC TN VA WA WV AL HI MS X 9 73250 COMPARABLE SALES 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