2014-02-14T13:48:26-06:00 2013-06-30 520959934 ELLIN & TUCKER CHARTERED 100 S CHARLES ST SUITE 1300 BALTIMORE MD 21201 990 2012-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 STUART J SILBERG 4108376148 2014-02-07 1 SUSAN KELLER P00245169 4107275735 2012 2015-11-30 17:44:51Z STUART J SILBERG 1130 N CHARLES STREET BALTIMORE MD 21201 13357281 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 31 31 5 280 0 0 4334158 8654694 57259 53572 1344567 1274537 23839 4788 5759823 9987591 0 0 0 0 347467 328868 0 148343 411265 2620773 19382528 2968240 19859739 2791583 -9872148 66150847 61927711 650052 3336012 65500795 58591699 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 18837824 58360 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. 18837824 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 0 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 9 0 5 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 ANTHONY S FUGETT 1.00 X 0 0 0 BARRY M CHASEN ESQ 1.00 X 0 0 0 CAROLYN H THALER ESQ 1.00 X 0 0 0 DAVID L THURSTON 1.00 X 0 0 0 DONALD C FRY ESQ 1.00 X 0 0 0 G LAWRENCE FRANKLIN 1.00 X 0 0 0 GEORGE J NEMPHOS ESQ 1.00 X 0 0 0 HARRY C STORM ESQ 1.00 X 0 0 0 HOLLY SADEGHIAN ESQ 1.00 X 0 0 0 JAMES P NOLAN ESQ 1.00 X X 0 0 0 JANA HOWARD CAREY ESQ 1.00 X 0 0 0 JEFFREY C GLOCK 1.00 X 0 0 0 JOAN M WORTHINGTON 1.00 X 0 0 0 JOHN F RIPLEY 1.00 X 0 0 0 KENNETH R SHUTTS ESQ 1.00 X 0 0 0 L CONTENT MCLAUGHLIN ESQ 1.00 X 0 0 0 LAURENCE M KATZ ESQ 1.00 X 0 0 0 MARIANNE HELLAUER ESQ 1.00 X 0 0 0 MARIE VAN DEUSEN ESQ 1.00 X X 0 0 0 MICHAEL L CURRY 1.00 X X 0 0 0 PAUL C LATCHFORD ESQ 1.00 X 0 0 0 PETER G ANGELOS ESQ 1.00 X 0 0 0 PETER PINKARD 1.00 X 0 0 0 R THOMAS CRAWFORD 1.00 X 0 0 0 RENEE BRONFEIN ADES ESQ 1.00 X 0 0 0 RICHARD A SNELLINGER 1.00 X 0 0 0 RICHARD DAVISON 1.00 X 0 0 0 ROBERT L BOGOMOLNY 1.00 X 0 0 0 ROBERT RUSSEL 1.00 X 0 0 0 SAYRA WELLS MEYERHOFF 1.00 X 0 0 0 STUART J SILBERG 1.00 X X 0 0 0 STUART M GOLDBERG ESQ 1.00 X 0 0 0 VERNON H C WRIGHT 1.00 X X 0 0 0 JENNIFER SCHWARTZ 40.00 X 91094 0 12524 THERESA SILANSKIS 40.00 X 0 0 0 91094 0 12524 0 0 0 0 0 279779 8374915 144634 8654694 PROGRAM INCOME 900099 53572 53572 53572 652793 652793 3991434 3369690 621744 621744 621744 MISCELLANEOUS 900099 4788 4788 4788 9987591 58360 0 1274537 93845 18769 75076 159261 15926 143335 18301 18301 34951 3495 31456 22510 2251 20259 10166 3849 6317 31045 31045 148343 148343 176695 176695 263088 213474 31989 17625 25454 25062 392 41469 35689 5780 71949 9219 7082 55648 6585 4614 1171 800 326608 316658 9842 108 13563 13563 LAW BUILDING EXPENSE 16618432 16618432 0 0 STUDENT/FACULTY SUPPORT 982893 982893 0 0 OTHER PROGRAM SUPPORT 488836 488836 0 0 MISCELLANEOUS 325745 98657 38347 188741 19859739 18837824 610650 411265 18015191 10502713 962914 0 5757486 7886934 35 0 982594 1020607 55729 19500 6000 6000 0 0 27987488 29966013 11520858 12092660 868552 439284 66150847 61927711 534758 2884697 115294 451315 650052 3336012 X 5693619 5491629 25148826 17678340 34658350 35421730 65500795 58591699 66150847 61927711 -9872148 2963052 0 X X 0 1 X 1 0 X 3444682 11169244 2636713 4334158 8654694 30239491 3444682 11169244 2636713 4334158 8654694 30239491 8623357 21616134 360049 372067 492818 619227 652793 2496954 293726 142846 113023 81098 58360 689053 33425498 0.64670 0.69980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 439284 X X X X 0 33862617 1343328 3529302 933154 37802093 34763479 977973 -940223 938612 33862617 30604245 748437 4400470 989673 34763479 27287968 992177 2940372 616272 30604245 33849791 360069 -6921892 27287968 0.12510 0.87490 0.00000 0 0 6000 6000 0 0 PRIVATE EQUITY INVESTMENTS 7512689 F INVESTMENT IN USMF 3570831 F LIMITED PARTNERSHIP INTERESTS 1009140 F 12092660 X 12737250 2963052 -36698 2926354 9810896 176695 176695 9987591 20184327 568899 568899 19615428 176695 67616 244311 19859739 PART III, LINE 4: ART AND HISTORICAL COLLECTIONS INCLUDE LIBRARY COLLECTIONS, POSTERS, PRINTS AND OTHER ARTIFACTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM UNIVERSITY PROPERTIES, INC. BAD DEBT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM UNIVERSITY PROPERTIES, INC. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE PART XII, 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 $(67,616) IS INCLUDED IN REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT AS AN EXPENSE IN THE FORM 990. PART XIII, LINE 2D: EXPENSES OF $568,899 FROM UNIVERSITY PROPERTIES, INC., AN AFFILIATE, ARE INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN THE FORM 990. PART XIII, LINE 4B: BAD DEBTS OF $67,616 IS INCLUDED IN REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT AS AN EXPENSE IN THE FORM 990. PART XI, LINE 10: THE AUDITED FINANCIAL STATEMENTS WERE PREPARED ON A CONSOLIDATED BASIS. THE CONSOLIDATED NET INCOME(LOSS) EQUALS ($7,447,077). THE NET LOSS FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS ($6,909,096). THE DIFFERENCE IS ($537,981), OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. X X X X X 0 RUFFALO CODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 TELEMARKETING 0 232630 154065 78565 232630 154065 78565 MD VA X 13 144634 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. PRIMARY ACTIVITY OF UNIVERSITY PROPERTIES, INC. SCHEDULE R, PART II: PURCHASES, LEASES, AND HOLDS TITLE TO BOTH REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF THE FOUNDATION. PRIMARY ACTIVITY OF UNIVERSITY INSTITUTES, INC. SCHEDULE R, PART II: PROMOTES, ORGANIZES, DEVELOPS, AND PRESENTS INFORMAL NON-CREDIT EDUCATIONAL SEMINARS TO THE GENERAL PUBLIC FOR EDUCATIONAL AND CHARITABLE PURPOSES. 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