2015-02-12T12:06:40-07:00 2014-06-30 990 2013-07-01 311678679 University of Maryland Baltimore Foundation Inc UNIV 4107065631 620 W Lexington St 2nd Fl Baltimore MD 212011508 Pam Heckler Treasurer & Director of Ops 4107065631 2015-02-12 2013 2016-02-25 16:41:14Z UMBF Inc UMB Foundation Pam Heckler Same as C above Baltimore MD 212011508 73900298 0 X www.umaryland.edu/UMBF X 1999 MD 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, Baltimore and to serve in an advisory role to the President. 32 31 0 90 0 0 33033360 34667491 307966 383575 9895405 15252193 162759 191171 43399490 50494430 16011501 19605375 0 0 0 0 0 0 217350 7948625 7817075 23960126 27422450 19439364 23071980 217050290 247173134 2835164 5010865 214215126 242162269 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. 0 0 2246482 1183601 64742 All Others: 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 Maryland'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 $15 in economic activity for every $1 of state general funds invested in FY 2014. UMB was awarded over $500.9 million in research and grant funding. 15177287 12485914 203345 Medicine: 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 2014, the UMSOM graduated a total of 338 students with medical, allied health or graduate degrees. Of the graduating students, 164 received their medical degrees and joined the ranks of more than 8,000 living alumni. A significant number, 47-percent, have chosen to continue their training in primary care fields. This past year, the UMSOM admitted another class of students with exceptional academic credentials, which included 157 new medical students and another 16 students in medical graduate programs. A leader in biomedical research, the UMSOM secured more than $400 million in grants and contract support in FY2014 and more than $3 billion in research support since 2006. According to the latest data from the Association of American Medical Colleges, the UMSOM ranks 8th among all 86 public medical schools and 22nd among all 141 public and private medical schools in terms of grant and contract expenditures. More than half of the practicing physicians in Maryland receive their training at the UMSOM or its clinical partner, the University of Maryland Medical Center. The School's continuing education programs serve more than 29,000 physicians and other health professionals annually. The UMSOM is committed to the education and training of MD, PhD, graduate, physical therapy and rehabilitation science and medical research technology students. 4254876 3680621 31178 Law: The UMB Foundation supports academic programs and clinical and research activities in the University of Maryland Francis King Carey School of law (Carey SOL). Established in 1816, the Carey SOL began regular instruction in 1824. It is the third oldest law school in the nation, but its innovative programs make it one of the liveliest and most dynamic today. The Carey SOL's experiential programs are among the most extensive in the country, including the nationally recognized Clinical Law Program. Interdisciplinary specialty programs are offered in environmental law and law and health care. Other programs include advocacy, alternative dispute resolution, business law, clinical law, intellectual property law and international and comparative law. The Carey SOL seeks to promote a more just society by educating outstanding lawyers by advancing the understanding of law and legal institutions and by enhancing access to justice. A cross-cultural component will expand the Law School's Clinical Program to disadvantaged communities across the country and the globe. Excellence in teaching prepares students for productive 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. 1091416 811661 13518 Nursing: The UMB Foundation supports academic programs and clinical research activities in the University of Maryland School of Nursing (UMSON). UMSON was founded in 1889 and is currently celebrating its 125th anniversary. It is one of the oldest and largest nursing schools in the nation. The School achieves its mission 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 innovative clinical enterprise. Its 166 faculty members are also dedicated practitioners. With an average annual enrollment of more than 1,600 students, 36% of whom represent minority/underrepresented populations, UMSON is the largest nursing school in Maryland and produces 41% of the state's nursing workforce. More than 19,000 alumni serve as clinical practice, research, educational, and policy leaders across the country. UMSON is ranked eleventh among all nursing schools nationally by U.S. News & World Report and is ranked 9th in in receipt of funding (for schools of nursing) from the National Institutes of Health. The school currently enrolls 1,727 students, including 701 baccalaureate students, 778 masters' students, and 248 doctoral students - PhD (55) and DNP (193). 1064758 559126 64950 Pharmacy: Established in 1841, the University of Maryland School of Pharmacy is a thriving center for professional and graduate education, pharmaceutical care, research, and community service. We 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. Our faculty inspire excellence in our more than 800 students, residents, and postdoctoral fellows through a contemporary curriculum, innovative educational experiences, and strategic professional relationships. We are critical thinkers, lifelong learners, and leaders who are sought for our expertise. 959400 775948 3295 Social Work: The UMB Foundation supports academic programs and research and community work in 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 2012 list of best 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 provides 500,000 hours of social work services a year within the state of Maryland and surrounding communities. The student body concentration breakouts is generally 80% clinical and 20% macro (managements & community organization), the largest macro concentration program in the county. In addition to the school's academic side, SSW has multiple community service programs. One example, SWCOS (Social Work Community Outreach Services) allows students to provide their field service to small non-profits throughout the region and then connect this work back to the research. The SSW also has more than $20M in research and training grants. 806764 106003 2547 Dentistry: 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 30,000 residents, 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. Students are 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. 3922338 2252738 84310 25600983 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 190 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO DC KY MD ME MI MN NH NJ NY OH OK OR SC UT WA X X Pam Heckler 4107065631 620 W Lexington St 2nd Fl Baltimore MD 212011508 X Janet S Owens Trustee/Chair 1 0 X X 0 0 0 Edward J Brody Trustee/Vice Chair 1 0 X X 0 0 0 James A Earl Trustee/Secretary 1 0 X X 0 0 0 Harold E Chappelear Trustee 0.5 0 X 0 0 0 Charles W Cole Jr Trustee 0.5 0 X 0 0 0 James D'Orta Trustee 0.5 0 X 0 0 0 Morton P Fisher Jr Trustee 0.5 0 X 0 0 0 Brian J Gibbons Trustee 0.5 0 X 0 0 0 Joseph R Hardiman Trustee 0.5 0 X 0 0 0 David H Hillman Trustee 0.5 0 X 0 0 0 Sandra S Hillman Trustee 0.5 0 X 0 0 0 Richard J Himelfarb Trustee 0.5 0 X 0 0 0 Wallace J Hoff Trustee 0.5 0 X 0 0 0 Kempton M Ingersol Trustee 0.5 0 X 0 0 0 Donald M Kirson Trustee 0.5 0 X 0 0 0 Harry C Knipp Trustee 0.5 0 X 0 0 0 Kyle P Legg Trustee 0.5 0 X 0 0 0 Thomas P O'Neill Trustee 0.5 0 X 0 0 0 Theo C Rodgers Trustee 0.5 0 X 0 0 0 Ronald E Roland Trustee 0.5 0 X 0 0 0 Devy Patterson Russell Trustee 0.5 0 X 0 0 0 Alan J Silverstone Trustee 0.5 0 X 0 0 0 Frederick G Smith Trustee 0.5 0 X 0 0 0 C William Struever Trustee 0.5 0 X 0 0 0 Richard L Taylor Trustee 0.5 0 X 0 0 0 John C Weiss III Trustee 0.5 0 X 0 0 0 Garland O Williamson Trustee 0.5 0 X 0 0 0 William T Wood Trustee 0.5 0 X 0 0 0 Michael B Dowdy President/CEO/Treasurer 20 0 X X 0 0 0 Ellen Yankellow Trustee - eff 06/19/2014 0.25 X 0 0 0 Marco A Chacon Trustee - eff 06/19/2014 0.25 X 0 0 0 Carolyn Frenkil Trustee - eff 06/19/2014 0.25 X 0 0 0 0 0 0 0 0 0 1 Jeffrey Brown Contracting LLC 400 E Joppa Road Suite 400 Towson MD 21286 Building construction 587675 Culinart Inc 621 W Lombard St Baltimore MD 21201 Program event service 190785 eventEQ LLC 9520 Gerwig Lane Suite T Columbia MD 21046 Program event service 149124 Centerplate at Baltimore Convention Center 1 West Pratt Street Baltimore MD 21201 Conference/seminar 129354 Jay's Restaurant Group 1309 N Charles Street Baltimore MD 21201 Program event service 114440 6 170531 0 425421 0 0 34071539 2965578 34667491 Conferences/Educational Programs 611710 306052 306052 0 0 Contracts and Publications 611710 21452 21452 0 0 Alumni, Faculty and Staff functions 900099 56071 56071 0 0 0 0 0 0 383575 2635403 0 0 2635403 0 0 0 0 77 0 0 77 0 0 0 0 0 0 0 0 0 0 35931157 0 23314367 0 12616790 0 12616790 0 0 12616790 282595 425420 91501 191094 0 191094 0 0 0 0 0 0 0 0 0 0 0 0 0 50494430 383575 0 15443364 19274656 19274656 330719 330719 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2684066 1575941 1062977 45148 2020 191 10 1819 103962 0 103962 0 0 0 0 0 0 0 1515122 1246160 268962 0 0 0 0 0 204757 181607 2213 20937 323502 240979 25270 57253 173982 93854 50384 29744 0 0 0 0 14385 13885 0 500 359738 338279 19166 2293 0 0 0 0 2172699 1960634 24174 187891 0 0 0 0 17491 0 10700 6791 0 0 0 0 26318 6888 17385 2045 Printing and publications 250158 185560 18914 45684 Equipment purchase, rental & repairs 43055 43055 0 0 Other -74180 108575 0 -182755 0 27422450 25600983 1604117 217350 0 0 157014 0 29866525 31588241 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6249377 8538058 178416973 201816645 0 0 0 0 2360401 5230190 217050290 247173134 1600761 3954856 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1234403 1056009 2835164 5010865 X 20128368 29784876 71015380 79909122 123071378 132468271 214215126 242162269 217050290 247173134 23071980 4875163 0 0 0 0 X 0 1 X 1 0 X 19288903 31062425 33925793 33033360 34667490 151977971 0 0 0 0 0 0 0 0 0 0 0 19288903 31062425 33925793 33033360 34667490 151977971 6146093 145831878 1772078 1939036 2131152 2527439 2635481 11005186 0 0 0 0 0 0 117583 281039 249197 162324 191094 1001237 163984394 1406011 0.88930 0.9031 X Schedule A, Part II, Line 10 Net income from fundraising events RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144920505 10692918 15706676 2751891 140824 1541534 166885850 130171416 10686051 8146506 2309726 136621 1637121 144920505 123684056 10162565 918532 2514541 416075 1663121 130171416 95545584 16198518 14592880 1445322 52254 1155350 123684056 82012328 6126908 9541675 1141016 196392 797919 95545584 0.05 0.95 0 0 0 USMF Investments 194826151 F Lanx Offshore Partners 1808752 F Commonfund 2332316 F McKenzie Meadows inc. stock 1500000 F YiYu and Lerma LLP 1349426 F 201816645 0 Trust & Annuity Payment Liabilities 1056009 1056009 X 54123433 4875163 0 0 0 4875163 49248270 1246160 0 1246160 50494430 26176290 0 0 0 0 0 26176290 1246160 0 1246160 27422450 Schedule D, Part V, Line 4 Endowment accounts are established and funded by donors in support of programs at the University of Maryland in Baltimore. 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 is organized and operated exclusively for charitable and educational purposes within the meaning of the provisions of section 501(c)(3) of the Internal Revenue code. Since the Foundation had no material unrelated business income for the years ended June 30, 2014 and 2013, no provision for income taxes has been made. The FASB issued guidance on accounting for uncertainty in income taxes clarifies the accounting for uncertainty of income tax positions. This guidance defines the threshold for recognizing tax return positions in the financial statements as "more likely than not" that the position is sustainable, based on its technical merits. This guidance also provides guidance on the measurement, classification and disclosure of tax return positions in the financial statements. No asset or liability has been recorded as of June 30, 2014 and 2013 for uncertain tax positions. The Foundation is no longer subject to U.S. federal or state examination by tax authorities for years before fiscal year ended June 30, 2007. East Asia and the Pacific Program Services University Support 95741 Sub-Saharan Africa Program Services University Support 13820 Europe (including Iceland and Greenland) Program Services University Support 18108 0 0 127669 0 0 0 0 0 0 CICL Fundraiser 242216 144421 97795 0 0 0 0 0 45275 Fund for Medicine 270157 161080 109077 0 0 0 0 0 3660 10 201123 119919 81204 0 0 0 0 0 48045 713496 425420 288076 0 0 0 0 0 96980 96980 191096 1 Anne Arundel Medical Center 2001 Medical Parkway Annapolis MD 21401 521169362 501 (c) 3 6780 Clinical support Biohealth Innovation Inc 22 Baltimore Road Suite 100 Rockville MD 20850 453824067 501 (c) 3 20000 Clinical support Civil Justice Inc 520 West Fayette Street Suite 410 Baltimore MD 21201 522102516 501 (c) 3 72425 Program support Community Law In Action Inc 520 West Fayette Street Baltimore MD 21201 061710518 501 (c) 3 27727 Program support Druid Hill Family Center 1609 Druid Hill Avenue Baltimore MD 21217 520591699 501 (c) 3 5175 Program support Global Virus Network 801 West Baltimore Street Suite 519 Baltimore MD 21201 452734306 501 (c) 3 20141 Program support Maryland Public Interest Law Project Inc 500 West Baltimore Street Baltimore MD 21201 521620485 501 (c) 3 64536 Program support Maryland Volunteer Lawyers Service One N Charles Street Suite 222 Baltimore MD 21201 521225979 501 (c) 3 20000 Program support Medical Alumni Association of the University of MD 522 W Lombard Street Baltimore MD 21201 520615433 501 (c) 3 15500 Transfer/Program support Mercy Health Foundation 301 St Paul Place Baltimore MD 21202 522173656 501 (c) 3 10000 Clinical support Neighborhood Design Center Inc 1401 Hollins Street Baltimore MD 21223 520913909 501 (c) 3 15000 Clinical support Planned Parenthood of Maryland Inc 330 North Howard Street Baltimore MD 21201 520607930 501 (c) 3 8000 Clinical support Shock Trauma Associates PA 11 S Paca Street Suite 500 Baltimore MD 21201 521119350 501 (c) 3 256368 Clinical support The University System of Maryland 3300 Metzerott Road Adelphi MD 20783 521125663 501 (c) 3 6060 Program support U of MD Oral-Maxillofacial Surgery Associates PA 650 W Baltimore Street Suite 1401 Baltimore MD 21201 521908293 501 (c) 3 8615 Clinical support U M FDSP Associates PA 650 W Baltimore Street Room 2218 Baltimore MD 21201 521456103 501 (c) 3 8688 Program support University of Maryland Faculty Physicians Inc 250 W Pratt St Suite 902 Baltimore MD 21201 521299563 501 (c) 3 25282 Clinical support University of Maryland Family Medicine PA 29 S Paca Street Baltimore MD 21201 521274266 501 (c) 3 206124 Clinical support University of Maryland Medical System 22 S Greene Street Executive Office G1J16 Baltimore MD 21201 521362793 501 (c) 3 285929 Clinical support University of Maryland Neurology Associates PA 110 S Paca Street 3rd floor Baltimore MD 21201 521138284 501 (c) 3 14845 Clinical support University of Maryland Orthopaedic Associates PA 22 S Greene Street Suite S11B Baltimore MD 21201 522122145 501 (c) 3 32277 Clinical support University of Maryland Pediatric Associates PA 737 W Lombard Street Suite 333 Baltimore MD 21201 521182593 501 (c) 3 126391 Clinical support University of Maryland Physicians PA 419 W Redwood Street Suite 660 Baltimore MD 21201 521103228 501 (c) 3 203035 Clinical support University of Maryland Surgical Associates PA 401 W Redwood St Suite 100 Baltimore MD 21201 521557551 501 (c) 3 312705 Clinical support University of Maryland Baltimore Lombard and Greene Streets Baltimore MD 21201 526002033 115 13446348 Education/Research University of MD Emergency Medicine Associates PA 110 S Paca Street 6th floor Suite 200 Baltimore MD 21201 521403415 501 (c) 3 3955830 Clinical support University of MD Pathology Associates PA 419 W Redwood Street Suite 130 Baltimore MD 21201 521297269 501 (c) 3 45000 Clinical support University System of Maryland Foundation Inc 3300 Metzerott Road Adelphi MD 20783 521125663 501 (c) 3 19193 Program support 28 0 School of Dentistry Scholarships and Awards 32 47895 0 School of Law Scholarships and Awards 20 42684 0 School of Medicine Scholarships and Awards 126 126368 0 School of Nursing Scholarships and Awards 11 41313 0 School of Social Work Scholarships and Awards 7 3591 0 Programmatic Assistance Scholarships and Awards 50 68868 0 Schedule I, Part I, Line 2 The organization establishes separate accounts to house grant funds donated pursuant to a grant agreement to provide support for a particular program. The grant agreement is reviewed and signed by the organization's Treasurer. The expenditures from the grant fund are then monitored to confirm that monies are spent in accordance with the budget included in the grant agreement. Periodic grant progress reports and financial reports are prepared under the direction of the principal investigator and then reviewed and signed by the Treasurer. Subject to the language in the grant agreement remaining funds are returned to the granting organization. In addition, we record the federal employer identification number and internal revenue code section under which the tax-exempt status was granted for each grantee. X 1 1 0 0 0 0 0 0 0 0 0 Michael B Dowdy President/CEO/Treasurer 0 299199 0 0 0 0 0 0 0 45556 0 344755 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 regulation 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. Schedule J, Part II For the calendar year 2013, Michael B.Dowdy received compensation in the form of salary and benefits from the University of Maryland, a portion of which is $299,198.55 and $45,556.06 in his role as President and Chief Executive Officer of the organization. For the calendar year 2013, Judith S.Blackburn, received compensation in the form of salary and benefits from the University of Maryland, a portion of which is $109,553.99 and $22,733.82 in her role as Treasurer and Chief Financial Officer of the organization. No other officer, Director or Trustee received compensation or benefits in connection with the service to the University of Maryland Baltimore Foundation. X 75 2957532 Average mkt high/low X 1 8046 Cash equivalent 0 1 0 Schedule M, Part I, Line 9 The items listed in Part 1, line 9, securities-publicly traded, references the number of non-cash contrib 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 which is available to all of the members of the full board of trustees. Upon formal approval by this body, the return is electronically filed with the Internal Revenue Service by the extended due date. 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 which is a state agency, therefore, the compensation of the 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 salaries in the aggregate, is reviewed annually by the Finance Committee and by the 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 990 return of organization exempt from income tax for the three most recent fiscal years. These documents plus the articles of incorporation, bylaws, conflict of interest & nepotism policy, and financial statements are available on the organization's website.