Form 990 for tax year 2023
Filed by TOWSON UNIVERSITY FOUNDATION INC.
Totals
- Total revenue
- $11,057,875
- Total expenses
- $9,580,323
- Contributions and grants received
- $6,653,803
- Grants paid
- $4,642,426
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $8,411,417
- Management and general expenses
- $828,144
- Fundraising expenses
- $340,762
- Program service expenses (Part III)
- $8,411,417
Program services were 87.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
PATRICIA HOGE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
KIM A FABIAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
EDNA PRIMROSE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
SALVATORE CORRENTI
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
DAVID M VAHOS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTOPHER J CAVALLARO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTOPHER S EVANS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
RAYMOND J BRUSCA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
THOMAS COARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
IRA W COX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DOUGLAS F ERDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
PAUL-SEAN GRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ANTHONY HAMLETT SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
STEPHANIE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ERIC M KRUK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
PHYLICIA PORTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
EDWARD MCDONALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DAVID DIAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SUSAN J GANTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SHANNA N WARBURTON-BARNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DENNY B MATHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
NANCY GRASMICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
STEVEN E PECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DEBORA A PLUNKETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SHERMAN L RAGLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JEFF S ROSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
THOMAS B SMYTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
EILEEN AUEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN J MEASE JR
VICE PRESIDENT/ CFO
- Total calculated
- $197,977
- From this org
- $184,594
- From related orgs
- $0
- Other
- $13,383
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $184,594
- Bonus
- $0
- Other
- $0
- Deferred
- $13,383
- Nontaxable benefits
- $0
- Filer's total
- $197,977
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$2,697,780
SCHOLARSHIPS AND AWARDS PAID TO TOWSON UNIVERSITY FOR VARIOUS STUDENT RECIPIENTS
-
$1,937,630
SEE SCHEDULE I PART IV
-
EQUIPMENT FOR USE OF TOWSON UNIVERSITY FACULTY AND STUDENTS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540849349300334
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