2024-05-14T10:46:29-05:00 2023-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990EZ 2022-07-01 521480346 TECHNOLOGY COUNCIL OF MARYLAND FOUNDATION TECH 2402434026 12 WCHURCH STREET 220 FREDERICK MD 21701 KELLY SCHULZ CEO 2402434026 2024-05-14 1 KELLY SCHULZ 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X WWW.TECHCOUNCILMD.COM X X 75500 X 75500 75500 40000 82350 30000 228 17305 169883 -94383 125306 0 30923 X 274379 136736 0 10000 274379 146736 149073 115813 125306 30923 X DISSEMINATE STEM RELATED PROGRAMS, EDUCATIONAL MATERIALS AND FUNDING TO DEVELOP THE NEXT GENERATION OF SKILLED WORKERS FOR THE REGION'S ADVANCED TECHNOLOGY COMMUNITY. WE WILL SUPPORT ALL STUDENTS WITH SPECIAL CONSIDERATION FOR MINORITY AND WOMEN THROUGHOUT THE MID-ATLANTIC REGION AND BRING THEM TOGETHER WITH THE AREA'S TOP TECHNOLOGY EMPLOYERS. VENTURE MENTORING SERVICE: THE PROGRAM IS BASED ON A TEAM MENTORING APPROACH AS ONE OF THE 70 COMMUNITIES AROUND THE GLOBE THAT IS PART OF THE HIGHLY-SUCCESSFUL MIT VENTURE MENTORING SERVICE. THE RESULTS HAVE BEEN STUNNING IN TERMS OF CAPITAL RAISED, JOB GROWTH AND COMPANY SURVIVAL. MENTORS AND MENTEE COMPANIES PARTICIPATE BY INVITATION, AND THERE IS NO FEE TO THE MENTEE COMPANY FOR THE MENTORING PROGRAM. THE ULTIMATE GOAL OF THE PROGRAM IS TO BRING EMPLOYMENT OPPORTUNITIES AND CAPITAL TO THE AREA IN THE TECHNOLOGY AND LIFE SCIENCES FIELDS BY HELPING COMPANIES TO GROW FASTER. THE VMS PROGRAM PROVIDES MENTORING SERVICES TO MARYLAND BASED TECH AND LIFE SCIENCES COMPANIES. WE INVOLVE HIGHLY QUALIFIED VOLUNTEER MENTORS WHO ARE COMMITTED TO PROVIDING VALUABLE ADVICE IN A TEAM SETTING. 40000 165533 165533 MARTIN ROSENDALE CHAIR (UNTIL 10/2022) 0.50 0 0 0 KELLY SCHULZ CHAIR (FROM 11/2022) 0.50 0 0 0 BRAD STEWART DIRECTOR 0.50 0 0 0 DAVID TOHN DIRECTOR 0.50 0 0 0 KAREN SHOOS DIRECTOR 0.50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KELLY SCHULZ 12 WCHURCH STREET 220 FREDERICK MD 21701 2402434026 0 0 0 0 0 0 0 0 0 1 0 NONE NONE 1 X X X 1 TECHNOLOGY COUNCIL OF MARYLAND INC 204950778 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: A PUBLIC SUPPORT TEST WORKSHEET IS PREPARED IN ACCORDANCE WITH THE REQUIREMENTS OF IRC SECTION 509 (A)(2). PART IV, SECTION A, LINE 3C: THE FOUNDATION DOES NOT PROVIDE DIRECT SUPPORT TO ITS SUPPORTED ORGANIZATION; RATHER, IT PURSUES CHARITABLE PURPOSES THAT FURTHER THE PURPOSE OF THE ORGANIZATION IT SUPPORTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: UNIVERSITIES AT SHADY GROVE FOUNDATION. GRANTEE ADDRESS: 9636 GUDELSKY DRIVE ROCKVILLE, MD 20850-3480. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 09/21/22. AMOUNT GIVEN: 40,000. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: EVENT EXPENSES. AMOUNT: 12,647. DESCRIPTION: WEBSITE DEVELOPMENT. AMOUNT: 65. DESCRIPTION: MARKETING. AMOUNT: 2,008. DESCRIPTION: SOFTWARE. AMOUNT: 1,620. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 965. TOTAL TO FORM 990-EZ, LINE 16: 17,305. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10,000. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: DUE TO MTC. BEG. OF YEAR AMOUNT: 59,073. END OF YEAR AMOUNT: 35,813. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 40,000. END OF YEAR AMOUNT: 0. DESCRIPTION: REFUNDABLE ADVANCES. BEG. OF YEAR AMOUNT: 50,000. END OF YEAR AMOUNT: 80,000.