2017-12-20T07:59:02-06:00 2017-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2016-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 STUART J SILBERG EXECUTIVE VICE PRESIDENT 4108376148 2017-12-14 1 SUSAN KELLER P00245169 4107275735 65.246.120.254 2017-12-14 11:25:19 ES P 743BEA6178D1F6D817EC0694E3F52D2FCA7ADEAC 1606324B6494D2AE9B3885D25354DD8DF7198ECA 2016 2018-03-14 21:41:22Z JAMES P NOLAN 1130 N CHARLES STREET BALTIMORE MD 21201 17424805 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 30 30 4 33 0 0 3969255 6720088 137069 149544 1306099 1901779 2973 2779 5415396 8774190 0 0 0 0 390353 411270 152935 151820 505465 5333655 7486760 5876943 8049850 -461547 724340 61240057 65991812 1306164 1744629 59933893 64247183 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 6900187 152323 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. 6900187 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 10 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 30 30 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 X X X JENNIFER SCHWARTZ 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 BARNETT BROOKS DIRECTOR 1.00 X 0 0 0 BARRY M CHASEN DIRECTOR 1.00 X 0 0 0 BRETT S LININGER 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 DEBORAH V KLEINER 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 CHAIR 10.00 X X 0 0 0 JOAN WORTHINGTON SECRETARY 1.00 X X 0 0 0 JOHN F RIPLEY TREASURER 1.00 X X 0 0 0 KEITH LAURY EX-OFFICIO 1.00 X 0 0 0 KURT L SCHMOKE EX-OFFICIO 1.00 X 0 0 0 L CONTENT MCLAUGHLIN DIRECTOR 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 DIRECTOR 1.00 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 VICE-CHAIR 1.00 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 SHIRLEY MARCUS ALLEN 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 VERNON HC WRIGHT DIRECTOR 1.00 X 0 0 0 JENNIFER SCHWARTZ CFO 40.00 X 106976 0 15460 THERESA SILANSKIS EXECUTIVE DIRECTOR, EX-OFF 40.00 X 0 0 0 106976 0 15460 1 0 0 0 0 5456 73409 6641223 172467 6720088 PROGRAM INCOME 900099 149544 149544 149544 838852 838852 9713542 8650615 1062927 1062927 1062927 MISCELLANEOUS 900099 2779 2779 2779 8774190 152323 0 1901779 110818 11082 99736 217148 24876 192272 22678 878 21800 36538 763 35775 24088 2790 21298 7643 7643 30142 30142 151820 151820 156904 156904 344142 318998 12858 12286 31399 30807 592 27478 21069 4250 2159 150043 73557 23495 52991 26493 18149 915 7429 384219 375328 7148 1743 11558 11558 LANGSDALE LIBRARY BUILD 2467669 2467669 0 0 STUDENT/FACULTY SUPPORT 1631301 1631301 0 0 LAW BUILDING EXPENSE 1111682 1111682 0 0 OTHER PROGRAM SUPPORT 663492 662468 1024 0 442595 148770 17380 276445 8049850 6900187 644198 505465 9786475 9516879 2729742 5096709 19217 26714 7173 61199 34490902 33786813 13752264 17049214 454284 454284 61240057 65991812 851948 508925 454216 1235704 1306164 1744629 X 4369957 4732316 17534376 20278127 38029560 39236740 59933893 64247183 61240057 65991812 724340 3588950 0 X X 0 1 X 1 0 X 8654694 3790004 2995243 3969255 6720088 26129284 8654694 3790004 2995243 3969255 6720088 26129284 10846859 15282425 652793 866069 588168 978020 838852 3923902 58360 49924 152494 140042 152323 553143 30606329 0.49930 0.57580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 454284 X X X 0 41950031 1307598 4871705 2046891 46082443 44215205 1099610 -1336876 2027908 41950031 42731270 2127558 1331885 1975508 44215205 37802093 822294 5691333 1584450 42731270 33862617 1343328 3529302 933154 37802093 0.18520 0.81480 0.00000 0 0 0 PRIVATE EQUITY INVESTMENTS 13144680 F INVESTMENT IN USMF 3904534 F 17049214 X 12067991 3588950 -138245 3450705 8617286 156904 156904 8774190 7805609 60691 60691 7744918 156904 148028 304932 8049850 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. 9,783. BAD DEBT EXPENSE -148,028. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. 60,691. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 148,028. PART XI, LINE 2D REVENUE OF $9,783 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 $60,691 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 $4,262,382. THE NET INCOME FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS $4,313,290. THE DIFFERENCE IS ($50,908), OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS ONLY 9328395 0 0 0 0 0 0 9328395 0 9328395 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 101260 156798 0 101260 156798 MD CA CO CT FL GA IL KY MA MI MO NJ NY OH PA SC TN VA WA WV X 15 172467 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 UNIVERSITY INSTITUTES INC 1130 N CHARLES STREET BALTIMORE MD 21201 237439340 SEE SCHEDULE O MD 501(C)(3) 12 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 UNIVERSITY PROPERTIES INC N UNIVERSITY INSTITUTES INC N