Program areas at USMF
Higher Education: Support the academic programs of the University System of Maryland institutions through payments for salaries and benefits, equipment, scholarships, conferences, workshops, services, academic memberships, research activities and other expenses
Educational Programs: Maintain the Wye Black Angus Herd used for research by the University of Maryland-College Park School of Agriculture
Who funds University System of Maryland Foundation (USMF)
Grants from foundations and other nonprofits
Personnel at USMF
| Name | Title | Compensation | Date of data |
|---|
| Leonard R Raley | President and Chief Executive Officer , Vice Chancellor for Advancement | $407,557 | 2023-06-30 |
| Tom Gilbert | Chief Financial Officer | $337,896 | 2024-05-14 |
| Samuel Gallo | Chief Information Officer and Departing Chief Information Officer / Chief Investment Officer | $470,009 | 2023-06-30 |
| Roy Hossler | Director of Business Operations / Senior Executive Accountant / Senior Account Executive | $188,942 | 2023-06-30 |
| Sharcus Steen | Director of Investments and Interim Chief Information Officer / Director of Investments / Director of Public Market Investments | $827,976 | 2023-06-30 |
| ...and 9 more key personnel |
Financials for USMF
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $24,021,158 | $51,139,865 | -53% |
| Program services | $756,391 | $1,051,784 | -28.1% |
| Investment income and dividends | $7,782,764 | $8,323,204 | -6.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $6,789 | $13,770 | -50.7% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $7,411,603 | $30,956,137 | -76.1% |
| Net income from fundraising events | $45,843 | $-29,259 | 256.7% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $740 | $1,075 | -31.2% |
| Miscellaneous revenues | $6,850,077 | $5,622,032 | 21.8% |
| Total revenues | $46,875,365 | $97,078,608 | -51.7% |
Organizations like USMF
| Organization | Type | Location | Revenue |
|---|
| Stony Brook Foundation | 501(c)(3) | Stony Brook, NY | $79,474,546 |
| The Boston Foundation (TBF) | 501(c)(3) | Boston, MA | $161,296,905 |
| Kansas State University Foundation | 501(c)(3) | Manhattan, KS | $185,341,726 |
| Us Naval Academy Foundation | 501(c)(3) | Annapolis, MD | $42,720,596 |
| San Antonio Area Foundation | 501(c)(3) | San Antonio, TX | $68,911,493 |
| The Florida State University Foundation | 501(c)(3) | Tallahassee, FL | $96,038,685 |
| University of Central Missouri Foundation | 501(c)(3) | Warrensburg, MO | $15,315,526 |
| UND Alumni Association and Foundation | 501(c)(3) | Grand Forks, ND | $51,692,667 |
| University of West Florida Foundation | 501(c)(3) | Pensacola, FL | $23,965,993 |
| Marine Corps Scholarship Foundation | 501(c)(3) | Alexandria, VA | $22,373,801 |
Data update history
July 22, 2024
Updated personnel
Identified 5 new personnel
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
HealthEducationDiseases and disorders
Characteristics
MembershipsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 3300 Metzerott Rd
- Adelphi, MD 20783
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- County
- Prince George's County, MD
- Website URL
- usmf.org/Â
- Phone
- (301) 445-1941
IRS details
- EIN
- 52-1125663
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1979
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0156834
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2024-10-16
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