UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION INC

As filed

Subsection

03

NTEE code

B110

Classification

1000

Street

220 ARCH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• CHARTERED IN 1807 AS THE FIRST PUBLIC MEDICAL SCHOOL IN THE UNITED STATES, THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE (UMSOM) IS INTO ITS THIRD CENTURY. IT CONTINUES TODAY AS ONE OF THE FASTEST GROWING, TOP-TIER BIOMEDICAL RESEARCH ENTERPRISES IN THE WORLD - WITH 25 DEPARTMENTS, 5 INSTITUTES AND 10 RESEARCH CENTERS AND A WORKFORCE OF MORE THAN 7,500. MORE THAN 1,200 MEDICAL STUDENTS, GRADUATE STUDENTS, AND RESEARCH TRAINEES ARE EDUCATED AT UMSOM EVERY YEAR. IN PARTNERSHIP WITH THE UNIVERSITY OF MARYLAND MEDICAL CENTER, WE PROVIDE RESIDENCY AND FELLOWSHIP TRAINING IN MORE THAN 30 SPECIALTIES. ACCEPTANCE TO THE UMSOM MD PROGRAM IS HIGHLY COMPETITIVE, WITH NEARLY 6,000 APPLICANTS FOR 160 POSITIONS IN EACH CLASS. THE RESEARCH VISION OF THE SCHOOL OF MEDICINE IS TO BUILD ON GENERATIONS OF DISCOVERIES TO ADVANCE NEW THERAPIES AND CURES WITH THE HIGHEST LEVEL OF IMPACT ON HUMAN HEALTH IN THE REGION, THE NATION, AND AROUND THE WORLD. WITH AN OPERATING BUDGET OF $1.3 BILLION, THE SCHOOL OF MEDICINE DIRECTS MORE THAN $500 MILLION ANNUALLY TO DEVELOPING SOLUTIONS TO THE MOST CHALLENGING AND COMPLEX DISEASES. WE ARE RANKED 9TH AMONG ALL PUBLIC MEDICAL SCHOOLS FOR TOTAL RESEARCH GRANTS & CONTRACTS REPORTED BY THE ASSOCIATION OF AMERICAN MEDICAL COLLEGES (AAMC). ACCORDING TO US NEW AND WORLD REPORT, UMSOM RANKS AS THE 11TH HIGHEST AMONG PUBLIC MEDICAL SCHOOLS IN RESEARCH AND 22ND HIGHEST AMONG ALL MEDICAL SCHOOLS FOR PRIMARY CARE. UMSOM IS AN ANCHOR INSTITUTION OF THE WEST BALTIMORE COMMUNITY, AND THE SCHOOL IS COMMITTED TO IMPROVING THE HEALTH, QUALITY OF LIFE, AND PROSPERITY OF ITS NEIGHBORS. WE OFFER COMMUNITY OUTREACH PROGRAMS SUCH AS MINI-MED SCHOOL, A SERIES OF TUITION-FREE CLASSES DESIGNED TO HELP BALTIMORE RESIDENTS IMPROVE THEIR HEALTH AND WELL-BEING.

  Expenses $14,444,522 · Grants $11,636,181 · Revenue $58,710

• THE UMB FOUNDATION SUPPORTS ACADEMIC PROGRAMS AND CLINICAL AND RESEARCH ACTIVITIES IN THE UNIVERSITY OF MARYLAND FRANCIS KING CAREY SCHOOL OF LAW (MARYLAND CAREY LAW). ESTABLISHED IN 1816, MARYLAND CAREY LAW BEGAN REGULAR INSTRUCTION IN 1824. IT IS THE THIRD OLDEST LAW SCHOOL IN THE NATION. THE INNOVATIVE ACADEMIC AND SPECIALTY PROGRAMS HAVE GARNERED NATIONAL AND INTERNATIONAL RECOGNITION. THE MARYLAND CAREY LAW'S EXPERIENTIAL PROGRAMS ARE AMONG THE MOST EXTENSIVE IN THE COUNTRY, INCLUDING THE NATIONALLY RANKED CLINICAL LAW PROGRAM, WHICH OFFERS MORE THAN 75,000 HOURS OF FREE LEGAL SERVICES TO THE STATE OF MARYLAND AND HAS BEEN IN EXISTENCE FOR MORE THAN 40 YEARS. INTERDISCIPLINARY SPECIALTY PROGRAMS ARE OFFERED IN ENVIRONMENTAL LAW AND LAW AND HEALTH CARE. OTHER PROGRAMS INCLUDE ADVOCACY, ALTERNATIVE DISPUTE RESOLUTION, BUSINESS LAW, INTELLECTUAL PROPERTY LAW AND INTERNATIONAL AND COMPARATIVE LAW. THE MARYLAND CAREY LAW SEEKS TO PROMOTE A MORE JUST SOCIETY BY EDUCATING OUTSTANDING LAWYERS AND LEADERS, ADVANCE THE UNDERSTANDING OF LAW AND LEGAL INSTITUTIONS AND ENHANCE ACCESS TO JUSTICE. EXCELLENCE IN TEACHING PREPARES STUDENTS FOR LEADERSHIP AND PROFESSIONAL SUCCESS IN A WIDE RANGE OF CAREERS AND PROMOTES IN BOTH STUDENTS AND FACULTY THE HIGHEST STANDARD OF PUBLIC AND PROFESSIONAL SERVICE.

  Expenses $5,728,921 · Grants $4,882,843 · Revenue $5,950

• U.S. NEWS & WORLD REPORT HAS RANKED UMSON'S BACHELOR OF SCIENCE IN NURSING, MASTER OF SCIENCE IN NURSING (MSN) AND DOCTOR OF NURSING PRACTICE (DNP) PROGRAMS AMONG THE TOP 10 IN THE NATION. AMONG PUBLIC SCHOOLS OF NURSING, THE SCHOOL'S DNP ADULT-GERONTOLOGY PRIMARY CARE NURSE PRACTITIONER SPECIALTY IS RANKED NO. 1, AND ITS DNP FAMILY NURSE PRACTITIONER SPECIALTY IS RANKED NO. 3. THE MSN HEALTH SERVICES LEADERSHIP AND MANAGEMENT SPECIALTY IS RANKED NO. 1 FOR ITS IN PERSON AND ONLINE PROGRAMS.

  Expenses $3,623,634 · Grants $3,448,977

• DENTISTRY

  Expenses $1,770,687 · Grants $1,535,001 · Revenue $2,020

• SOCIAL WORK

  Expenses $1,301,497 · Grants $1,001,490

• PHARMACY

  Expenses $1,197,209 · Grants $1,005,162

• ALL OTHERS

  Expenses $2,347,868 · Grants $1,135,540 · Revenue $7,949

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $52,023,120

  Expenses

  $37,904,135

  Contributions

  $31,051,099

  Grants paid

  $24,646,038

• 2022

  Revenue

  $53,946,958

  Expenses

  $37,318,380

  Contributions

  $40,872,108

  Grants paid

  $23,743,710

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $64,089,840

  Expenses

  $33,980,712

  Assets (EOY)

  $444,522,086

• 2020 · 990

  Revenue

  $59,974,746

  Expenses

  $24,526,694

  Assets (EOY)

  $437,980,331

• 2019 · 990

  Revenue

  $45,303,605

  Expenses

  $27,575,733

  Assets (EOY)

  $351,577,637

• 2018 · 990

  Revenue

  $43,960,983

  Expenses

  $27,979,891

  Assets (EOY)

  $346,326,317

• 2017 · 990

  Revenue

  $53,387,994

  Expenses

  $26,008,962

  Assets (EOY)

  $328,466,910

• 2016 · 990

  Revenue

  $48,162,263

  Expenses

  $26,829,252

  Assets (EOY)

  $298,594,985

• 2015 · 990

  Revenue

  $28,533,364

  Expenses

  $26,353,727

  Assets (EOY)

  $268,310,154

• 2014 · 990

  Revenue

  $54,086,928

  Expenses

  $27,051,688

  Assets (EOY)

  $273,532,237

• 2013 · 990

  Revenue

  $50,494,430

  Expenses

  $27,422,450

  Assets (EOY)

  $247,173,134

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $23,960,126

  Assets (EOY)

  $217,050,290

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• UNIVERSITY OF MARYLAND BALTIMORE

  $25,463,234

  2023 · EDUCATION/RESEARCH

• University of Maryland Baltimore

  $23,176,783

  2022 · EDUCATION/RESEARCH

• University of MD Surgical Associates PA

  $1,015,581

  2022 · CLINICAL SUPPORT

• SHOCK TRAUMA ASSOCIATES PA (STAPA)

  $724,513

  2023 · CLINICAL SUPPORT

• Shock Trauma Associates PA (STAPA)

  $492,789

  2022 · CLINICAL SUPPORT

• University of Maryland Pediatric Associates PA

  $160,718

  2022 · CLINICAL SUPPORT

• University of Maryland Medical Center

  $154,651

  2022 · CLINICAL SUPPORT

• University of Maryland OBGYN Associates

  $153,173

  2022 · CLINICAL SUPPORT

• University of Maryland Neurology Associates PA

  $153,024

  2022 · CLINICAL SUPPORT

• MEDICAL ALUMNI ASSO OF THE UNIV OF MD

  $127,434

  2023 · CLINICAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $4,416,000

  2024 · UNRESTRICTED GENERAL SUPPORT

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $4,316,000

  2023 · UNRESTRICTED GENERAL SUPPORT

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $2,566,000

  2022 · UNRESTRICTED GENERAL SUPPORT

• NATIONAL PHILANTHROPIC TR

  $1,983,940

  2022 · EDUCATION

• AMERICAN CANCER SOCIETY INC

  $792,000

  2022 · Extramural Research Grant

• UMB HEALTH SCIENCES RESEARCH PARK CORPORATION

  $725,964

  2023 · GENERAL USE, RESEARCH

• T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC

  $463,650

  2025 · MULTIPLE

• DONOR ADVISED CHARITABLE GIVING

  $446,105

  2023 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $430,785

  2022 · For grant recipient's exempt purposes

• NATIONAL PHILANTHROPIC TR

  $429,000

  2023 · EDUCATION

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files