Skip to content
Nonprofiteer
← UNIVERSITY OF MARYLAND FOUNDATION INC

Form 990 for tax year 2022

Filed by UNIVERSITY OF MARYLAND FOUNDATION INC.

Totals

Total revenue
$46,875,365
Total expenses
$40,792,258
Contributions and grants received
$24,021,158
Grants paid
$17,845,911
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)
$25,623,465
Management and general expenses
$13,152,436
Fundraising expenses
$2,016,357
Program service expenses (Part III)
$25,623,465

Program services were 62.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Sharcus Steen

    Director of Investments/Interim CIO

    Total calculated
    $867,853
    From this org
    $827,976
    From related orgs
    $0
    Other
    $39,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $464,226
    Bonus
    $363,750
    Other
    $0
    Deferred
    $22,112
    Nontaxable benefits
    $17,765
    Filer's total
    $867,853

  • Samuel Gallo

    CIO/Departing CIO

    Total calculated
    $504,686
    From this org
    $470,009
    From related orgs
    $0
    Other
    $34,677
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $468,509
    Bonus
    $1,500
    Other
    $0
    Deferred
    $22,112
    Nontaxable benefits
    $12,565
    Filer's total
    $504,686

  • Leonard R Raley

    Chief Executive Officer

    Total calculated
    $455,755
    From this org
    $407,557
    From related orgs
    $0
    Other
    $48,198
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $364,733
    Bonus
    $1,500
    Other
    $41,324
    Deferred
    $22,112
    Nontaxable benefits
    $26,086
    Filer's total
    $455,755

  • Chris Ingram

    Senior Sustainability & Public Markets Analyst

    Total calculated
    $402,531
    From this org
    $360,236
    From related orgs
    $0
    Other
    $42,295
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,736
    Bonus
    $144,500
    Other
    $0
    Deferred
    $22,112
    Nontaxable benefits
    $20,183
    Filer's total
    $402,531

  • Chad Mitchell

    Senior Investment Analyst

    Total calculated
    $402,266
    From this org
    $364,511
    From related orgs
    $0
    Other
    $37,755
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,011
    Bonus
    $144,500
    Other
    $0
    Deferred
    $22,112
    Nontaxable benefits
    $15,643
    Filer's total
    $402,266

  • Charlie Sexton

    Senior Investment Analyst

    Total calculated
    $395,251
    From this org
    $365,407
    From related orgs
    $0
    Other
    $29,844
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,907
    Bonus
    $144,500
    Other
    $0
    Deferred
    $22,112
    Nontaxable benefits
    $7,732
    Filer's total
    $395,251

  • Tom Gilbert

    Chief Financial Officer

    Total calculated
    $382,838
    From this org
    $337,896
    From related orgs
    $0
    Other
    $44,942
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,396
    Bonus
    $1,500
    Other
    $0
    Deferred
    $22,112
    Nontaxable benefits
    $22,830
    Filer's total
    $382,838

  • Ralph Partlow

    General Counsel

    Total calculated
    $237,497
    From this org
    $208,867
    From related orgs
    $0
    Other
    $28,630
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,367
    Bonus
    $1,500
    Other
    $0
    Deferred
    $15,143
    Nontaxable benefits
    $13,487
    Filer's total
    $237,497

  • Roy Hossler

    Director of Business Operations

    Total calculated
    $221,696
    From this org
    $188,942
    From related orgs
    $0
    Other
    $32,754
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,442
    Bonus
    $1,500
    Other
    $0
    Deferred
    $13,698
    Nontaxable benefits
    $19,056
    Filer's total
    $221,696

  • Gregory S Abel

    Director

    Total calculated
    $0
    Hours/week
    0

  • Joe N Ballard

    Director

    Total calculated
    $0
    Hours/week
    0

  • Anirban Basu

    Director

    Total calculated
    $0
    Hours/week
    0

  • Larry Boggs

    Director

    Total calculated
    $0
    Hours/week
    0

  • Joseph Bowen

    Director

    Total calculated
    $0
    Hours/week
    0

  • Hugh Breslin

    Director

    Total calculated
    $0
    Hours/week
    0

  • Hope Brown

    Director

    Total calculated
    $0
    Hours/week
    0

  • Alan Cason

    Director

    Total calculated
    $0
    Hours/week
    0

  • Sara Fernandez Cendon

    Director

    Total calculated
    $0
    Hours/week
    0

  • Christine Chandler

    Director

    Total calculated
    $0
    Hours/week
    0

  • Mary Clapsadddle

    Director

    Total calculated
    $0
    Hours/week
    0

  • Charles Cole

    Director

    Total calculated
    $0
    Hours/week
    0

  • William Couper

    Director

    Total calculated
    $0
    Hours/week
    0

  • B Gary Dando

    Director

    Total calculated
    $0
    Hours/week
    0

  • Gail Elmore

    Director

    Total calculated
    $0
    Hours/week
    0

  • Christopher Evans

    Director

    Total calculated
    $0
    Hours/week
    0

  • V Raymond Ferrara

    Director

    Total calculated
    $0
    Hours/week
    0

  • Eric Francis

    Director

    Total calculated
    $0
    Hours/week
    0

  • Linda Gooden

    Director

    Total calculated
    $0
    Hours/week
    0

  • Barry Gossett

    Director

    Total calculated
    $0
    Hours/week
    0

  • Joseph R Hardiman

    Director

    Total calculated
    $0
    Hours/week
    0

  • Frank Islam

    Director

    Total calculated
    $0
    Hours/week
    0

  • Harry Johnson

    Director

    Total calculated
    $0
    Hours/week
    0

  • Robert Owen Johnson

    Director

    Total calculated
    $0
    Hours/week
    0

  • Linda Ellen Jones

    Director

    Total calculated
    $0
    Hours/week
    0

  • Viju Joseph

    Director

    Total calculated
    $0
    Hours/week
    0

  • Brian Meenaghan

    Director

    Total calculated
    $0
    Hours/week
    0

  • Robert Milkovich

    Director

    Total calculated
    $0
    Hours/week
    0

  • Paul H Mullan

    Director

    Total calculated
    $0
    Hours/week
    0

  • Patricia D Murray-Newby

    Director

    Total calculated
    $0
    Hours/week
    0

  • J Mitchell Neitzey

    Director

    Total calculated
    $0
    Hours/week
    0

  • Brian Nelson

    Director

    Total calculated
    $0
    Hours/week
    0

  • Craig Norhtrop

    Director

    Total calculated
    $0
    Hours/week
    0

  • Sang Oh

    Director

    Total calculated
    $0
    Hours/week
    0

  • Alicia Ritchie

    Director

    Total calculated
    $0
    Hours/week
    0

  • Lonnie Robbins

    Director

    Total calculated
    $0
    Hours/week
    0

  • Donald Scheeler

    Director

    Total calculated
    $0
    Hours/week
    0

  • Kimberly Stokes

    Director

    Total calculated
    $0
    Hours/week
    0

  • Thomas Schweizer Jr

    Director

    Total calculated
    $0
    Hours/week
    0

  • Bonnie Stein

    Director

    Total calculated
    $0
    Hours/week
    0

  • Jose Antonio Tijerino

    Director

    Total calculated
    $0
    Hours/week
    0

  • Stacey Ullrich

    Director

    Total calculated
    $0
    Hours/week
    0

  • David Vahos

    Director

    Total calculated
    $0
    Hours/week
    0

  • Alexandra von Paris

    Director

    Total calculated
    $0
    Hours/week
    0

  • David Young

    Director

    Total calculated
    $0
    Hours/week
    0

  • Crystal Watkins-Johansson

    Director

    Total calculated
    $0
    Hours/week
    0

  • Alicia Wilson

    Director

    Total calculated
    $0
    Hours/week
    0

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

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
There is a tax gross up on certain taxable benefits to the Foundation's Chief Executive Officer

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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • USMF Corporation

    C · Holding Company · MD · 100% owned · share of income $339,202 · share of assets $4,703,187 · controlled entity

    Directly controlled by USM Foundation Inc

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202431369349301763

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.