2015-02-16T14:41:52-06:00 2014-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2013-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 STUART J SILBERG BOARD CHAIRMAN 4108376148 2015-02-13 1 SUSAN KELLER P00245169 4107275735 2013 2016-02-25 16:41:14Z STUART J SILBERG 1130 N CHARLES STREET BALTIMORE MD 21201 11894411 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 33 33 4 250 0 0 8654694 3790004 53572 44617 1274537 2737052 4788 5307 9987591 6576980 0 233620 0 0 328868 339347 148343 150423 314948 19382528 4592894 19859739 5316284 -9872148 1260696 61927711 64480989 3336012 870257 58591699 63610732 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 4313678 233620 49924 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. 4313678 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 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 5 0 4 1 0 0 0 0 0 0 0 0 0 0 X 33 33 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 ANTHONY S FUGETT DIRECTOR 1.00 X 0 0 0 BARRY M CHASEN DIRECTOR 1.00 X 0 0 0 CAROLYN H THALER 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 G LAWRENCE FRANKLIN DIRECTOR 1.00 X 0 0 0 GEORGE J NEMPHOS DIRECTOR 1.00 X 0 0 0 HARRY C STORM DIRECTOR 1.00 X 0 0 0 HOLLY SADEGHIAN PAST SECRETARY 1.00 X X 0 0 0 JAMES P NOLAN VICE-CHAIR 5.00 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 L CONTENT MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 LAURENCE M KATZ DIRECTOR 1.00 X 0 0 0 MARIANNE S HELLAUER DIRECTOR 1.00 X 0 0 0 MARIE VAN DEUSEN SECRETARY 5.00 X X 0 0 0 MICHAEL L CURRY 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 5.00 X X 0 0 0 RENEE B ADES DIRECTOR 1.00 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 ROBERT L BOGOMOLNY EX-OFFICIO 1.00 X 0 0 0 SAYRA WELLS MEYERHOFF 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 EX-OFFICIO 1.00 X 0 0 0 VERNON HC WRIGHT EXEC VICE-PRESIDENT 5.00 X X 0 0 0 JENNIFER SCHWARTZ CFO 40.00 X 100016 0 13901 THERESA SILANSKIS EXECUTIVE DIRECTOR, EX-OFFICIO 40.00 X 0 0 0 100016 0 13901 1 0 0 0 0 601788 3188216 216691 3790004 PROGRAM INCOME 900099 44617 44617 44617 866069 866069 7188414 5317431 1870983 1870983 1870983 MISCELLANEOUS 900099 5307 5307 5307 6576980 49924 0 2737052 233620 233620 102100 10210 91890 164202 16420 147782 19046 1905 17141 32057 3206 28851 21942 2194 19748 20067 20067 30460 30460 150423 150423 191939 191939 404461 347660 54684 2117 21772 21199 573 50831 39172 11659 82529 16183 16485 49861 10967 8748 1327 892 377454 362268 8038 7148 12765 12765 LAW BUILDING EXPENSE 1354661 1354661 0 0 STUDENT/FACULTY SUPPORT 1004182 1004182 0 0 OTHER PROGRAM SUPPORT 774896 774896 0 0 MISCELLANEOUS 255910 117154 34822 103934 5316284 4313678 687658 314948 10502713 9471629 7886934 6952141 1020607 0 19500 21071 0 0 0 0 29966013 33807703 12092660 13774161 439284 454284 61927711 64480989 2884697 487570 451315 382687 3336012 870257 X 5491629 5074322 17678340 22437657 35421730 36098753 58591699 63610732 61927711 64480989 1260696 3758337 0 X X 0 1 X 1 0 X 11169244 2636713 4334158 8654694 3790004 30584813 11169244 2636713 4334158 8654694 3790004 30584813 8763678 21821135 372067 492818 619227 652793 866069 3002974 142846 113023 81098 58360 49924 445251 34033038 0.64120 0.64670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 454284 X X X X 0 37802093 822294 5691333 1584450 42731270 33862617 1343328 3529302 933154 37802093 34763479 977973 -940223 938612 33862617 30604245 748437 4400470 989673 34763479 27287968 992177 2940372 616272 30604245 0.22690 0.77310 0.00000 0 0 0 PRIVATE EQUITY INVESTMENTS 8609720 F INVESTMENT IN USMF 3745083 F LIMITED PARTNERSHIP INTERESTS 1300695 F ANNUITIES 118663 F 13774161 X 10161795 3758337 18417 3776754 6385041 191939 191939 6576980 5170155 58311 58311 5111844 191939 12501 204440 5316284 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. THE ORGANIZATION FILES FEDERAL AND STATE INFORMATION RETURNS AND ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY MAJOR TAX AUTHORITIES FOR YEARS PRIOR TO 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM UNIVERSITY PROPERTIES, INC. 30,918. BAD DEBT EXPENSE -12,501. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. 58,311. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 12,501. PART XI, LINE 2D REVENUE OF $30,918 FROM UNIVERSITY PROPERTIES, INC., AN AFFILIATE, IS INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN THE FORM 990. BAD DEBTS OF $(12,501) IS INCLUDED IN REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT AS AN EXPENSE IN THE FORM 990. PART XII, LINE 2D EXPENSES OF $58,311 FROM UNIVERSITY PROPERTIES, INC., AN AFFILIATE, ARE INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN THE FORM 990. PART XII, LINE 4B BAD DEBTS OF $12,501 IS INCLUDED IN REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT AS AN EXPENSE 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 $4,991,640. THE NET INCOME FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS $5,019,033. THE DIFFERENCE IS ($27,393), OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS ONLY 7076953 0 0 0 0 0 0 7076953 0 7076953 0 0 0 1 0 0 X X X X X 1 RUFFALO CODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 TELEMARKETING 0 250506 139257 111249 250506 139257 111249 MD VA 1 LYRIC FOUNDATION INC 110 WEST MOUNT ROYAL AVENUE NO 101 BALTIMORE MD 21201 526080460 501(C)(3) 233620 FORGIVENESS OF LOAN - A COMMUNITY CONTRIBUTION. 1 PART I, LINE 2: AS NOTED THIS GRANT WAS LOAN FORGIVENESS. X 3 15000 APPRAISAL X 23 201691 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 1 0 UNIVERSITY PROPERTIES INC N UNIVERSITY INSTITUTES INC R 10000 CASH