2013-02-15T15:33:04-06:00 2012-06-30 520959934 ELLIN & TUCKER CHARTERED 100 S CHARLES ST SUITE 1300 BALTIMORE MD 21201 990 2011-07-01 237036780 UNIVERSITY OF BALTIMORE FOUNDATION INC UNIV 4108376148 1130 N CHARLES STREET BALTIMORE MD 21201 VERNON HC WRIGHT 4108376148 2013-02-12 1 SUSAN KELLER P00245169 4107275735 2011 2016-03-07 17:11:31Z VERNON H C WRIGHT 1130 N CHARLES STREET BALTIMORE MD 21201 15706158 0 X WWW.UBFOUNDATION.ORG X 1969 MD ESTABLISHED TO RAISE, MANAGE FUNDS, AND PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. 33 33 6 170 0 0 2635991 4334158 67114 57259 1485191 1344567 45909 23839 4234205 5759823 0 0 0 0 344574 347467 144260 0 509343 2435657 2620773 2924491 2968240 1309714 2791583 65141699 66150847 338787 650052 64802912 65500795 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 1976362 81098 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. 1976362 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 7 0 6 1 0 0 0 0 0 1 1 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 1.00 X 0 0 0 CAROLYN H THALER ESQ 1.00 X 0 0 0 DAMON GASQUE 1.00 X 0 0 0 GREGORY A BAYOR 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 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 MARK RADKE ESQ 1.00 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 DORINE C ANDREWS 1.00 X 0 0 0 BARRY M CHASEN ESQ 1.00 X 0 0 0 G LAWRENCE FRANKLIN 1.00 X 0 0 0 DONALD C FRY ESQ 1.00 X 0 0 0 GEORGE J NEMPHOS ESQ 1.00 X 0 0 0 JOAN M WORTHINGTON 1.00 X 0 0 0 JENNIFER SCHWARTZ 40.00 X 90852 0 12330 THERESA SILANSKIS 40.00 X 0 0 0 90852 0 12330 0 0 0 0 0 79106 4255052 247670 4334158 PROGRAM INCOME 900099 57259 57259 57259 619227 619227 10671675 9946335 725340 725340 725340 MISCELLANEOUS 900099 23839 23839 23839 5759823 81098 0 1344567 106080 35325 70755 158204 52682 105522 19661 6547 13114 41215 13725 27490 22307 7428 14879 6897 2435 4462 31510 9507 22003 168809 168809 409472 206627 202845 131547 13027 1800 116720 85567 52464 14414 18689 7848 4158 3690 397 397 16362 12812 1213 2337 315416 282595 803 32018 21094 21094 STUDENT/FACULTY SUPPORT 1159717 1159717 0 0 BAD DEBTS 120344 0 0 120344 OTHER PROGRAM SUPPORT 92151 92151 0 0 DUES & SUBSCRIPTIONS 28002 22114 1277 4611 25640 2651 11210 11779 2968240 1976362 482535 509343 16316798 18015191 479528 962914 5636907 5757486 500 35 947081 982594 30966 55729 6000 6000 0 0 28138192 27987488 12723175 11520858 868552 868552 65141699 66150847 338787 534758 0 115294 338787 650052 X 6794267 5693619 26087824 25148826 31920821 34658350 64802912 65500795 65141699 66150847 X 2791583 -2093700 X X 0 1 1 X 0 X 5402749 3444682 11169244 2636713 4334158 26987546 5402749 3444682 11169244 2636713 4334158 26987546 5848002 21139544 435888 360049 372067 492818 619227 2280049 307950 293726 142846 113023 81098 938643 30206238 0.69980 0.71310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 34763479 977973 -940223 938612 33862617 30604245 748437 4400470 989673 34763479 27287968 992177 2940372 616272 30604245 33849791 360069 -6921892 27287968 0.06210 0.93790 0 0 6000 6000 0 0 PRIVATE EQUITY INVESTMENTS 7268178 F INVESTMENT IN USMF 3447197 F LIMITED PARTNERSHIP INTERESTS 805483 F 11520858 5759823 2968240 2791583 -2093700 -2093700 697883 4086139 -2093700 588825 -1504875 5591014 168809 168809 5759823 2757177 78090 78090 2679087 168809 120344 289153 2968240 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: 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 2008. PART XII, LINE 2D: REVENUE OF $709,169 FROM UNIVERSITY PROPERTIES, INC., AN AFFILIATE, IS INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN THE FORM 990. BAD DEBTS OF $(120,344) IS INCLUDED IN REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT AS AN EXPENSE IN THE FORM 990. PART XIII, LINE 2D: EXPENSES OF $78,090 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 $120,344 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 EQUALS $1,328,962. THE NET INCOME FOR THIS ENTITY ON AN UNCONSOLIDATED BASIS IS $697,883. THE DIFFERENCE IS $631,079, OR THE EXCESS FOR UNIVERSITY PROPERTIES, INC., THE CONSOLIDATED ENTITY. X X X X X 1 RUFFALO CODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 TELEMARKETING 0 220780 150198 70582 220780 150198 70582 MD VA X 12 247670 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,093,700. PART XI, LINE 2C THE AUDIT PROCESS WAS UNCHANGED FROM THE CURRENT YEAR, AND IS OVERSEEN BY THE AUDIT COMMITTEE. 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 1 1 0 0 0 0 UNIVERSITY PROPERTIES INC M UNIVERSITY INSTITUTES INC M