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Nonprofiteer
← UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

Form 990 for tax year 2024

Filed by UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC.

What the amendment changed

Compared with the return it replaced , filed 27 April 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$187,927,589
Total expenses
$106,485,062
Contributions and grants received
$108,800,391
Grants paid
$92,421,471
Program service revenue
$390,359
Investment income
$78,212,477
Other revenue
$524,362
Total assets, end of year
$1,243,941,578
Total liabilities, end of year
$10,155,646
Net assets or fund balances, end of year
$1,233,785,932
Program services expenses (Part IX)
$104,853,757
Management and general expenses
$1,631,305
Fundraising expenses
$0
Program service expenses (Part III)
$104,853,757

Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $2,673,492

  • 1f · All other contributions, gifts and grants

    $106,126,899

  • 1g · Noncash contributions included above

    $13,994,691

  • 2a · Program service revenue: SALES AND SUITE PREMIUMS

    total $325,985 · related or exempt $325,985

  • 2b · Program service revenue: EDUCATIONAL PROGRAMS

    total $56,574 · related or exempt $56,574

  • 2c · Program service revenue: COURSES AND CONFERENCES

    total $7,800 · related or exempt $7,800

  • 3 · Investment income

    total $15,955,104 · excluded $15,955,104

  • 6a · Gross rents

    real property $168,768

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $168,768

  • 6d · Net rental income or loss

    total $168,768 · excluded $168,768

  • 7a · Gross sales of assets other than inventory

    securities $62,257,373

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $62,257,373

  • 7d · Net gain or loss

    total $62,257,373 · excluded $62,257,373

  • 11a · Other revenue: NON-GIFT REVENUE

    total $355,594 · excluded $355,594

  • 11e · Other revenue, total

    $355,594

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $92,421,471 · program services $92,421,471

  • 11b · Fees: legal

    total $75,373 · management and general $75,373

  • 11c · Fees: accounting

    total $133,414 · management and general $133,414

  • 11f · Fees: investment management

    total $6,181,331 · program services $5,709,245 · management and general $472,086

  • 12 · Advertising and promotion

    total $2,863,694 · program services $2,656,369 · management and general $207,325

  • 13 · Office expenses

    total $1,195,221 · program services $1,183,345 · management and general $11,876

  • 14 · Information technology

    total $508,667 · program services $449,483 · management and general $59,184

  • 16 · Occupancy

    total $338,723 · program services $268,073 · management and general $70,650

  • 17 · Travel

    total $274,580 · program services $260,180 · management and general $14,400

  • 19 · Conferences, conventions and meetings

    total $26,825 · program services $18,125 · management and general $8,700

  • 22 · Depreciation, depletion and amortization

    total $25,361 · management and general $25,361

  • 23 · Insurance

    total $118,033 · program services $29,984 · management and general $88,049

  • 24a · Other expenses: BANK AND CREDIT CARD FE

    total $444,773 · management and general $444,773

  • 24b · Other expenses: EDUCATIONAL PROGRAMS

    total $257,842 · program services $257,842

  • 24c · Other expenses: REPAIR/RENOVATION BLDG

    total $12,366 · management and general $12,366

  • 24e · All other expenses

    total $1,607,388 · program services $1,599,640 · management and general $7,748

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4

  • 2 · Savings and temporary cash investments

    beginning of year $58,225,057 · end of year $38,874,066

  • 3 · Pledges and grants receivable

    beginning of year $112,295,763 · end of year $115,061,393

  • 7 · Other notes and loans receivable

    beginning of year $6,363,791 · end of year $6,268,092

  • 10a · Land, buildings and equipment: cost or other basis

    $36,932,050

  • 10b · Land, buildings and equipment: accumulated depreciation

    $295,672

  • 10c · Land, buildings and equipment, net

    beginning of year $12,811,613 · end of year $36,636,378

  • 11 · Investments: publicly traded securities

    beginning of year $137,130,108 · end of year $118,586,180

  • 12 · Investments: other securities

    beginning of year $796,338,476 · end of year $869,559,291

  • 15 · Other assets

    beginning of year $55,963,602 · end of year $58,956,178

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,604,476 · end of year $7,788,140

  • 19 · Deferred revenue

    beginning of year $523,188 · end of year $284,070

  • 25 · Other liabilities

    beginning of year $2,108,778 · end of year $2,083,436

  • 27 · Net assets without donor restrictions

    beginning of year $44,722,112 · end of year $60,814,148

  • 28 · Net assets with donor restrictions

    beginning of year $1,108,169,860 · end of year $1,172,971,784

Mission and programs · 2024

Mission

TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS AND TO MAKE EXPENDITURES THAT BENEFIT THE UNIVERSITY OF MARYLAND COLLEGE PARK, IN SUPPORT OF ITS MISSION, GOALS AND PROGRAMS.

Activities or mission (Part I)

TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS TO MAKE EXPENDITURES THAT BENEFIT THE UNIVERSITY OF MARYLAND COLLEGE PARK, IN SUPPORT OF ITS MISSION, GOALS, AND PROGRAMS.

  • INSTITUTIONAL ADVANCEMENT - TO PROVIDE SUPPORT FOR ACTIVITIES CONCERNED WITH THE ENHANCING AND/OR IMPROVING THE INSTITUTION OVER THE LONG-TERM AS WELL AS SUPPORT FOR COMMUNITY ENGAGEMENT AND ALUMNI RELATIONS

    Expenses $53,941,541 · Grants $47,932,928 · Revenue $5,509

  • ACADEMIC PROGRAM SUPPORT - TO SUPPORT ACADEMIC PROGRAMS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK THROUGH PAYMENTS FOR FACULTY AND STAFF SALARIES AND BENEFITS, ACADEMIC PROGRAM OPERATING EXPENSES, CONFERENCES, WORKSHOPS, HONORARIUMS, EQUIPMENT AND ACADEMIC MEMBERSHIPS.

    Expenses $19,474,269 · Grants $18,229,902 · Revenue $23,301

  • SCHOLARSHIP/FELLOWSHIP - TO PROVIDE SUPPORT FOR OUTRIGHT SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS AND FELLOWS SELECTED BY THE UNIVERSITY OF MARYLAND COLLEGE PARK

    Expenses $15,546,685 · Grants $15,207,550 · Revenue $1,310

  • ATHLETICS - PROGRAM SERVICE EXPENSES $8,558,092.06: GRANTS ANDALLOCATIONS $7,292,174.17: REVENUE $355,188.22 ATHLETICS - TO PROVIDE SUPPORT FOR THEOPERATION OF ATHLETIC PROGRAMS AND ATHLETIC RELATED STUDENT ACTIVITIES AT THE UNIVERSITY OFMARYLAND COLLEGE PARK.RESEARCH SUPPORT - PROGRAM SERVICE EXPENSES $2,194,673.54: GRANTSAND ALLOCATIONS $2,075,839.62: REVENUE $0 RESEARCH SUPPORT - TO PROVIDE SUPPORT FOR RESEARCHACTIVITIES AND RESEARCH FACILITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.STUDENT SUPPORT - PROGRAM SERVICE EXPENSES $2,408,787.79: GRANTS AND ALLOCATIONS $2,036,896.34: REVENUE $5,050.00 STUDENT SUPPORT - TO PROVIDE SUPPORT TO STUDENTS AND STUDENT ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.FACILITY - PROGRAM SERVICE EXPENSES $2,503,087,50: GRANTS AND ALLOCATIONS $690,745.73: REVENUE $0 FACILITY - TO PROVIDE SUPPORT TO THE UPKEEP, REPAIR, AND CONSTRUCTION OF THE BUILDINGS AND GROUNDS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK.PUBLIC SERVICE - PROGRAM SERVICE EXPENSES $226,622.26: GRANTS AND ALLOCATIONS $211,588.01 REVENUE $0 PUBLIC SERVICE SUPPORT - TO PROVIDE SUPPORT FOR ACTIVITIES THAT ARE MUTUALLY BENEFICIAL TO THE UNIVERSITY OF MARYLAND COLLEGE PARK AND INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTION INCLUDING COMMUNITY SERVICE PROGRAMS.

    Expenses $15,891,262 · Grants $12,307,244 · Revenue $360,238

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jim Harris

    PRESIDENT

    Total calculated
    $559,786
    From this org
    $0
    From related orgs
    $518,811
    Other
    $40,975
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $518,811 related
    Deferred
    $0 + $40,975 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $559,786 related
  • Albert Carey

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Arthur Adler

    CHAIR, ADVOCACY AND GOVERN

    Total calculated
    $0
    Hours/week
    1
  • James Cantor

    CHAIR, BUDGET, AUDIT AND I

    Total calculated
    $0
    Hours/week
    1
  • Christine Fisher

    CHAIR, COMMITTEE ON TRUSTE

    Total calculated
    $0
    Hours/week
    1
  • Marlene Feldman

    CHAIR, EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Daniel Millman

    CHAIR, REAL ESTATE COMMITT

    Total calculated
    $0
    Hours/week
    1
  • Nancy Clarvit

    CO-CHAIR, DEVELOPMENT COMM

    Total calculated
    $0
    Hours/week
    1
  • Michael Schwab

    CO-CHAIR, DEVELOPMENT COMM

    Total calculated
    $0
    Hours/week
    1
  • Paul Mandell

    AT LARGE, EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Ruchi Mehta

    AT LARGE, EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Nicole Pollard

    AT LARGE, EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Craig Thompson

    IMMEDIATE PAST PRESIDENT,CHAIR NOMINATING COMMITTE

    Total calculated
    $0
    Hours/week
    1
  • Murray Abrams

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Pallavi Agarwal

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sharon Akers

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • D Stuart Bowers

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ethan Brown

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alan Cason

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mark Ciardi

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jason Cohen

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rose Cohen

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Charles Daggs

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Richard Davis

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ryan Dearborn

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Leonard Elmore

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • V Raymond Ferrara

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • William Fishlinger

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ashley Foxworth

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eric Francis

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ellen Gaske

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Harry Geller

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Barry Gossett

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • William Greenblatt

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lisa Hunt

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christopher Jones

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Georgette Kiser

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mark Lewis

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Randall Lord

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Singleton McAllister

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alexander Mehr

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Catherine Merrill

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kevin Plank

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Norma Ramsey

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Timothy Regan

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James Reyes

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Wendy Sanhai

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Laura Scheeler

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Walter Williams Jr

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jingli Yang

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gary Attman

    ADVISORY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Johnson

    ADVISORY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Karen Levenson

    ADVISORY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Brenda Rever

    EMERITA TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert Bedingfield

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Brophy

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • P Douglas Dollenberg

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gordon England

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lowell Glazer

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Timothy Maloney

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Harvey Sanders

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert Smith

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Pedro Wasmer

    EMERITUS TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert Fischell

    HONORARY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alma Gildenhorn

    HONORARY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • William Kirwan

    HONORARY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gary Williams

    HONORARY TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Winona Roach

    ASST CFO

    Total calculated
    $240,474
    From this org
    $0
    From related orgs
    $206,427
    Other
    $34,047
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $206,427 related
    Deferred
    $0 + $34,047 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $240,474 related
  • Kevin Pfister

    ASST TREASURER

    Total calculated
    $224,105
    From this org
    $0
    From related orgs
    $186,920
    Other
    $37,185
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $186,920 related
    Deferred
    $0 + $37,185 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $224,105 related
  • Lauren Norris

    SECRETARY

    Total calculated
    $208,558
    From this org
    $0
    From related orgs
    $188,468
    Other
    $20,090
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $188,468 related
    Deferred
    $0 + $20,090 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $208,558 related
  • Jeremy Kugel

    VP/CFO/TREASURER

    Total calculated
    $85,414
    From this org
    $0
    From related orgs
    $54,842
    Other
    $30,572
    Hours/week
    12 + 28 related
  • Cynthia Allen

    VP/CFO/TREASURER (TO SEPT

    Total calculated
    $282,185
    From this org
    $0
    From related orgs
    $265,719
    Other
    $16,466
    Hours/week
    12 + 28 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $265,719 related
    Deferred
    $0 + $16,466 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $282,185 related
  • Amy Eichhorst

    SECRETARY (TO FEB '24)

    Total calculated
    $248,504
    From this org
    $0
    From related orgs
    $223,843
    Other
    $24,661
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $223,843 related
    Deferred
    $0 + $24,661 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $248,504 related

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 · Discretionary spending account
  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 1b · Written policy on the line-1a expenses
  • 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)

PART I, LINE 1A
THE PRESIDENT OF THE FOUNDATION IS PROVIDED A BUDGETED AMOUNT ANNUALLY TO USE FOR DISCRETIONARY EXPENSES RELATED TO FUNDRAISING AND GENERAL ADMINISTRATIION NOT COVERED BY BUDGETED FUNDS

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

  • UNIVERSITY OF MARYLAND COLLEGE PARK

    $92,421,471

    SCHOLARSHIPS/FELLOWSHIPS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE UNIVERSITY OF MARYLAND COLLEGE PARK

    170(C)(1) · EDUCATION · MD · controlled entity

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TERRAPIN DEVELOPMENT CORPORATION LLC

    REAL ESTATE · MD

    Directly controlled by UNIVERSITY OF MARYLAND

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2026
IRS schema version
2024v5.5
Source object
202601279349302260

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