EIN 52-0952758

Bowie State University Foundation (BSUF)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1972
Most recent tax filings
2023-06-01
Description
The Bowie State University Foundation, Inc. (BSUF) is a 501(c)3 public, non-profit corporation existing under and by virtue of the laws of the State of Maryland. Bowie State University Foundation mission is to facilitate fund-raising efforts that seek from private sources contributions in support of the activities and mission of Bowie State University (the university). BSUF assumes oversight of gift administration for contributions to the university including gift acceptance, acknowledgement, and stewardship.
Total revenues
$15,712,416
2023
Total expenses
$9,847,811
2023
Total assets
$53,568,162
2023
Num. employees
0
2023

Program areas at BSUF

Expenses reflect funds to Bowie State University for scholarships awarded to students in support of efforts to address retention needs, improve the graduation rate, and bridge gap funding and enhance recruitment.
Expenses reflect a donation of software to Bowie State University, that enhanced the University's capabilities to protect students, faculty, and staff against cyber attacks.
Expenditures/transactions reflect support for Bowie State University programs and student experiences such as: establishment of dartt lab- an interdisciplinary research lab focused on solving large scale data analytic problemsdevelopment of graduate curriculum focusing on philanthropic and non-profit management, providing experiential learning experience with industry engineers on scientific research and development projects, providing opportunities for women, within computer science, to participate in technology based research projects and be mentored by experienced industry leaders, andconducting the hbcu entrepreneurship conference- third annual conference that teaches and shares information regarding entrepreneurship best practices, research and experiences. This conference experience is opened to students throughout the us.

Who funds Bowie State University Foundation (BSUF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Blackstone Charitable FoundationProgrammatic Support for Launchpad$200,000
United States Energy FoundationTo Support Education and Outreach To Build A Clean Energy Future.$190,000
Strada Education FoundationOperating Grant and Operating Support$129,500
...and 22 more grants received totalling $1,134,311

Personnel at BSUF

NameTitleCompensation
Daphne de ShieldsChief Financial Officer$49,788
Brent SwintonExecutive Director$13,075
Alfonzo PowellChair$0
Divesh GuptaTreasurer$0
Charles ExumVice Chair$0
...and 12 more key personnel

Financials for BSUF

RevenuesFYE 06/2023
Total grants, contributions, etc.$14,123,503
Program services$0
Investment income and dividends$656,777
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$699,727
Net income from fundraising events$-84,273
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$316,682
Total revenues$15,712,416

Form 990s for BSUF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-31990View PDF
2022-062023-01-31990View PDF
2021-062022-02-03990View PDF
2020-062021-04-06990View PDF
2019-062020-10-06990View PDF
...and 9 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 7 new personnel
May 18, 2024
Received grants
Identified 16 new grant, including a grant for $200,000 from The Blackstone Charitable Foundation
October 26, 2023
Received grants
Identified 10 new grant, including a grant for $119,500 from Strada Education Network
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
MembershipsProvides grantsFundraising eventsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
14000 Jericho Park Rd
Bowie, MD 20715
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Prince George's County, MD
Website URL
bowiestate.edu/about/bsu-foundation/ 
Phone
(301) 860-4308
IRS details
EIN
52-0952758
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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