2015-12-16T14:00:55-06:00 2015-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2014-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 STUART J SILBERG BOARD CHAIRMAN 4108376148 2015-12-16 1 SUSAN KELLER P00245169 4107275735 2014 2016-02-25 16:41:14Z STUART J SILBERG 1130 N CHARLES STREET BALTIMORE MD 21201 18677411 0 X WWW.UBFOUNDATION.ORG X X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 31 31 4 388 0 0 3790004 2995243 44617 148822 2737052 2788383 5307 3673 6576980 5936121 233620 0 0 0 339347 383953 150423 147776 323808 4592894 4955447 5316284 5487176 1260696 448945 64480989 64010815 870257 1067110 63610732 62943705 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 4526621 0 152495 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. 4526621 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 13 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X X JENNIFER SCHWARTZ 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 BARRY M CHASEN 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 DANIEL KLEIN DIRECTOR 1.00 X 0 0 0 DAVID L THURSTON DIRECTOR 1.00 X 0 0 0 DONALD C FRY DIRECTOR 1.00 X 0 0 0 GEORGE J NEMPHOS DIRECTOR 1.00 X 0 0 0 GEORGETTE KISER DIRECTOR 1.00 X 0 0 0 HARRY C STORM DIRECTOR 1.00 X 0 0 0 JAMES P NOLAN VICE-CHAIR 1.00 X X 0 0 0 JANA HOWARD CAREY DIRECTOR 1.00 X 0 0 0 JEFFREY C GLOCK EX-OFFICIO 1.00 X 0 0 0 JOAN WORTHINGTON DIRECTOR 1.00 X 0 0 0 JOHN F RIPLEY DIRECTOR 1.00 X 0 0 0 KENNETH R SHUTTS DIRECTOR 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 SECRETARY 1.00 X X 0 0 0 MICHAEL L CURRY DIRECTOR 1.00 X 0 0 0 NINA YUDELL DIRECTOR 1.00 X 0 0 0 PAUL C LATCHFORD DIRECTOR 1.00 X 0 0 0 PETER G ANGELOS DIRECTOR 1.00 X 0 0 0 PETER PINKARD DIRECTOR 1.00 X 0 0 0 R THOMAS CRAWFORD TREASURER 1.00 X X 0 0 0 RICHARD A SNELLINGER DIRECTOR 1.00 X 0 0 0 RICHARD DAVISON DIRECTOR 1.00 X 0 0 0 ROBERT C RUSSEL DIRECTOR 1.00 X 0 0 0 SAYRA WELLS MEYERHOFF DIRECTOR 1.00 X 0 0 0 SHIRLEY MARCUS ALLEN DIRECTOR 1.00 X 0 0 0 STUART J SILBERG CHAIR 20.00 X X 0 0 0 STUART M GOLDBERG DIRECTOR 1.00 X 0 0 0 SYDNEY COMITZ PAST EX-OFFICIO 1.00 X 0 0 0 VERNON HC WRIGHT EXECUTIVE VICE-PRESIDENT 1.00 X X 0 0 0 JENNIFER SCHWARTZ CFO 40.00 X 101902 0 13535 THERESA SILANSKIS EXECUTIVE DIRECTOR, EX-OFFICIO 40.00 X 0 0 0 101902 0 13535 1 0 0 0 0 33508 2961735 115328 2995243 PROGRAM INCOME 900099 148822 148822 148822 588168 588168 14941505 12741290 2200215 2200215 2200215 MISCELLANEOUS 900099 3673 3673 3673 5936121 152495 0 2788383 106790 10679 96111 196371 32399 163972 21626 2163 19463 33849 3385 30464 25317 3535 21782 10468 10468 22977 22977 147776 147776 196129 196129 315760 293985 10450 11325 31407 28404 3003 42288 38894 3294 100 134684 66989 16685 51010 19025 15574 1287 2164 415363 396206 12489 6668 12762 12762 STUDENT/FACULTY SUPPORT 1634577 1634577 0 0 LAW BUILDING EXPENSE 1224620 1224620 0 0 OTHER PROGRAM SUPPORT 662254 662234 20 0 MISCELLANEOUS 233133 112977 18394 101762 5487176 4526621 636747 323808 9471629 8508037 6952141 4728101 0 33508 21071 34698 33807703 35661639 13774161 14590548 454284 454284 64480989 64010815 487570 712607 382687 354503 870257 1067110 X 5074322 4924835 22437657 20639762 36098753 37379108 63610732 62943705 64480989 64010815 448945 -1115972 0 X X 0 1 X 1 0 X 2636713 4334158 8654694 3790004 2995243 22410812 2636713 4334158 8654694 3790004 2995243 22410812 7683079 14727733 492818 619227 652793 866069 588168 3219075 113023 81098 58360 49924 152494 454899 26084786 0.56460 0.64120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 454284 X X X 0 42731270 2127558 1331885 1975508 44215205 37802093 822294 5691333 1584450 42731270 33862617 1343328 3529302 933154 37802093 34763479 977973 -940223 938612 33862617 30604245 748437 4400470 989673 34763479 0.20540 0.79460 0.00000 0 0 0 PRIVATE EQUITY INVESTMENTS 9403260 F INVESTMENT IN USMF 3859758 F LIMITED PARTNERSHIP INTERESTS 1327530 F 14590548 X 4929229 -1115972 305209 -810763 5739992 196129 196129 5936121 5343309 52262 52262 5291047 196129 196129 5487176 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. 305,209. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. 52,262. PART XI, LINE 2D REVENUE OF $305,209 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 $52,262 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 ($414,080). THE NET LOSS FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS ($667,027). THE DIFFERENCE IS $252,947, OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS ONLY 9207239 0 0 0 0 0 0 9207239 0 9207239 0 0 0 1 0 0 X X X X X 1 RUFFALO NOEL LEVITZ 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 TELEMARKETING 0 220970 140670 80300 220970 140670 80300 MD VA X 16 115328 COMPARABLE SALES 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 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 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 UNIVERSITY PROPERTIES INC N UNIVERSITY INSTITUTES INC N