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Nonprofit · EIN 23-7036780

UNIVERSITY OF BALTIMORE FOUNDATION INC

Tax-exempt · BALTIMORE, MD 21201

Financials

$8.3M$5.7M2022$11.8M$6.1M2023$14.6M$7.6M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF BALTIMORE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,645,017$7,640,162$7,004,855$117,233,063$2,463,219$114,769,844
June 30, 2024990$11,805,226$6,140,204$5,665,022$108,077,728$2,186,186$105,891,542
June 30, 2023990$8,337,683$5,701,561$2,636,122$95,943,538$1,567,234$94,376,304
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,991,170
of which government grants
$98,074
Program service revenue
$34,116
Investment income
$6,615,692
Net gain from sales of assets
$3,134,063
Other revenue
$4,039

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$164,979
Other salaries and wages
$304,193
Salaries, compensation and benefits (total)
$562,152
Professional fundraising fees
$51,246
Legal fees
$9,062
Accounting fees
$53,964
Travel
$138,998
Program services (functional)
$6,283,416
Management and general (functional)
$1,069,590
Fundraising (functional)
$287,156

Balance sheet and other

Total assets, start of year
$108,077,728
Total assets, end of year
$117,233,063
Total liabilities, end of year
$2,463,219
Net assets, end of year
$114,769,844
Publicly traded securities
$65,003,933
Net assets without donor restrictions
$16,754,027
Net assets with donor restrictions
$98,015,817
Gross receipts
$33,787,856
Employees
4
Volunteers
21
Year formed
1969
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
AMY D SHAVERCFO
Officer
40$153,400$11,579
NINA YUDELLDIRECTOR/ IMMEDIATE PAST C
Trustee or director
1$0$0
JOAN WORTHINGTONCHAIR
Trustee or director, Officer
5$0$0
MICHAEL L CURRYSECRETARY
Trustee or director, Officer
1$0$0
CYNTHIA H JONESDIRECTOR
Trustee or director
1$0$0
R THOMAS CRAWFORDDIRECTOR
Trustee or director
1$0$0
JEFF GLOCKDIRECTOR
Trustee or director
1$0$0
CARMINE D'ALESSANDRODIRECTOR
Trustee or director
1$0$0
ARTHUR E FLACHVICE-CHAIR
Trustee or director, Officer
5$0$0
PIERCE FLANIGAN IVDIRECTOR
Trustee or director
1$0$0
RICHARD A SNELLINGERDIRECTOR
Trustee or director
1$0$0
SAYRA MEYERHOFFDIRECTOR
Trustee or director
1$0$0
KURT L SCHMOKEEX-OFFICIO
Trustee or director
1$0$0
DAN MORRISONTREASURER
Trustee or director
1$0$0
PHAEDRA STEWARTDIRECTOR
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
STUART J SILBERGEX-OFFICIO / DIRECTOR EMER
Trustee or director
1$0
DEBRA L ROBERTSDIRECTOR
Trustee or director
1$0
GRETA L STETSONDIRECTOR
Trustee or director
1$0
THERESA SILANSKISEXECUTIVE DIRECTOR EX-OFFICIO
Officer
40$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
AMY D SHAVERCFO (AS OF 7/5/23)
Officer
40$63,354$16,019
NINA YUDELLDIRECTOR/ IMMEDIATE PAST C
Trustee or director
1$0$0
JOAN WORTHINGTONCHAIR
Trustee or director, Officer
5$0$0
MICHAEL L CURRYSECRETARY
Trustee or director, Officer
1$0$0
CYNTHIA H JONESDIRECTOR
Trustee or director
1$0$0
BARNETT BROOKSDIRECTOR
Trustee or director
1$0$0
R THOMAS CRAWFORDDIRECTOR
Trustee or director
1$0$0
JEFF GLOCKDIRECTOR
Trustee or director
1$0$0
CARMINE D'ALESSANDRODIRECTOR
Trustee or director
1$0$0
ARTHUR E FLACHVICE-CHAIR
Trustee or director, Officer
5$0$0
PIERCE FLANIGAN IVDIRECTOR
Trustee or director
1$0$0
RICHARD A SNELLINGERDIRECTOR
Trustee or director
1$0$0
SAYRA MEYERHOFFDIRECTOR
Trustee or director
1$0$0
KURT L SCHMOKEEX-OFFICIO
Trustee or director
1$0$0
DAN MORRISONDIRECTOR
Trustee or director
1$0$0
PHAEDRA STEWARTDIRECTOR
Trustee or director
1$0$0
STUART J SILBERGEX-OFFICIO / DIRECTOR EMERITUS
Trustee or director
1$0$0
THERESA SILANSKISEXECUTIVE DIRECTOR
Officer
40$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
JANUS KURZMANNCFO (THROUGH 6/2023)
Officer
40$93,878$4,984
NINA YUDELLCHAIR
Trustee or director, Officer
5$0$0
JOAN WORTHINGTONVICE-CHAIR
Trustee or director, Officer
5$0$0
MICHAEL L CURRYSECRETARY
Trustee or director, Officer
1$0$0
TRACEY A DUBREETREASURER
Trustee or director, Officer
1$0$0
BARNETT BROOKSDIRECTOR
Trustee or director
1$0$0
R THOMAS CRAWFORDDIRECTOR/ IMMEDIATE PAST C
Trustee or director
1$0$0
JEFF GLOCKDIRECTOR
Trustee or director
1$0$0
CARMINE D'ALESSANDRODIRECTOR
Trustee or director
1$0$0
ARTHUR E FLACHDIRECTOR
Trustee or director
1$0$0
PIERCE FLANIGAN IVDIRECTOR
Trustee or director
1$0$0
STUART M GOLDBERGDIRECTOR
Trustee or director
1$0$0
SAYRA MEYERHOFFDIRECTOR
Trustee or director
1$0$0
KURT L SCHMOKEEX-OFFICIO
Trustee or director
1$0$0
DAN MORRISONDIRECTOR
Trustee or director
1$0$0
PHAEDRA STEWARTDIRECTOR
Trustee or director
1$0$0
THERESA SILANSKISEXECUTIVE DIRECTOR
Officer
40$0$0

Address and contacts

Address (IRS master file)
1420 N CHARLES ST, BALTIMORE, MD 21201-5720
Principal officer (990 for 2024)
JOAN WORTHINGTON, 1420 N CHARLES STREET, BALTIMORE, MD 21201
Signed the 990
AMY SHAVER, CFO
Phone
(410) 837-6170
Return prepared by
ELLIN & TUCKER CHARTERED

Mission

TO RAISE AND MANAGE FUNDS AND TO PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF BALTIMORE. THE FOUNDATION PROVIDES LEADERSHIP, GUIDANCE, AND SUPPORT TO THE UNIVERSITY'S ADMINISTRATION IN ADVANCING THE MISSION AND VISION OF THE UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • ALL PROGRAM SERVICE EXPENSES AND DISTRIBUTIONS SUPPORT THE EDUCATIONAL ACTIVITIES OF THE UNIVERSITY OF BALTIMORE. THE FOUNDATION SUPPORTED INITIATIVES OF THE UNIVERSITY SUCH AS SCHOLARSHIPS, FACULTY SUPPORT, AND COMMUNITY OUTREACH PROGRAMS.
    Expenses $6,283,416 · revenue $38,155

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7036780
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$117,233,063
Income (IRS master file)
$33,787,856

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,645,017$7,640,162$117,233,063XML
990June 2024$11,805,226$6,140,204$108,077,728XML
990June 2023$8,337,683$5,701,561$95,943,538XML
990June 2022$10,538,320$5,117,152$88,619,542IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7036780).

Questions about UNIVERSITY OF BALTIMORE FOUNDATION INC

What is the EIN of UNIVERSITY OF BALTIMORE FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF BALTIMORE FOUNDATION INC is 23-7036780.
Is UNIVERSITY OF BALTIMORE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to UNIVERSITY OF BALTIMORE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF BALTIMORE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF BALTIMORE FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF BALTIMORE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF BALTIMORE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JOAN WORTHINGTON.
Who are the officers and directors of UNIVERSITY OF BALTIMORE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $153,400 (AMY D SHAVER, CFO).
How much revenue does UNIVERSITY OF BALTIMORE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,645,017, expenses of $7,640,162 and total assets of $117,233,063 at year end.

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