Nonprofit · EIN 52-0939453
TOWSON UNIVERSITY FOUNDATION INC
Tax-exempt · TOWSON, MD 21252
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,174,298 | $10,736,643 | $5,437,655 | $134,708,581 | $2,988,465 | $131,720,116 |
| June 30, 2024 | 990 | $11,057,875 | $9,580,323 | $1,477,552 | $122,225,421 | $2,650,518 | $119,574,903 |
| June 30, 2023 | 990 | $15,208,535 | $9,346,653 | $5,861,882 | $112,019,400 | $3,276,181 | $108,743,219 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,831,820
- Program service revenue
- $103,801
- Investment income
- $5,812,773
- Royalties
- $20,764
- Net gain from sales of assets
- $2,213,752
- Net income from fundraising events
- $168,484
- Other revenue
- $425,904
Expenses
- Grants and similar amounts paid
- $4,467,945
- Compensation of officers, directors and key employees
- $221,677
- Other salaries and wages
- $258,873
- Salaries, compensation and benefits (total)
- $576,662
- Professional fundraising fees
- $0
- Legal fees
- $1,990
- Accounting fees
- $61,573
- Occupancy
- $61,158
- Travel
- $984,690
- Depreciation
- $836
- Program services (functional)
- $9,445,735
- Management and general (functional)
- $925,892
- Fundraising (functional)
- $365,016
Balance sheet and other
- Total assets, start of year
- $122,225,421
- Total assets, end of year
- $134,708,581
- Total liabilities, end of year
- $2,988,465
- Net assets, end of year
- $131,720,116
- Publicly traded securities
- $103,168,618
- Net assets without donor restrictions
- $6,582,229
- Net assets with donor restrictions
- $125,137,887
- Gross receipts
- $55,848,574
- Employees
- 5
- Volunteers
- 27
- Year formed
- 1970
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN J MEASE JR | VICE PRESIDENT/ CFO Key employee | 50 | $221,677 | $16,072 |
| PATRICIA HOGE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DEBORA A PLUNKETT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| EDNA PRIMROSE | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| CHRISTOPHER J CAVALLARO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER S EVANS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SHANNA N WARBURTON-BARNES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JEFF S ROSEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RAYMOND J BRUSCA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS COARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| IRA W COX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DIAZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS ERDMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SUSAN J GANTZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NANCY GRASMICK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL-SEAN GRAY | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHANIE JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC M KRUK | DIRECTOR Trustee or director | 0.5 | $0 |
| DENNY B MATHER | DIRECTOR Trustee or director | 0.5 | $0 |
| EDWARD MCDONALD | DIRECTOR Trustee or director | 0.5 | $0 |
| DANIEL A MONG | DIRECTOR Trustee or director | 0.5 | $0 |
| JONATHAN OLEISKY | DIRECTOR Trustee or director | 0.5 | $0 |
| ALEKSANDR OLSHANSKIY | DIRECTOR Trustee or director | 0.5 | $0 |
| STEVEN E PECK | DIRECTOR Trustee or director | 0.5 | $0 |
| PHYLICIA PORTER | DIRECTOR Trustee or director | 0.5 | $0 |
| SHERMAN L RAGLAND | DIRECTOR Trustee or director | 0.5 | $0 |
| THOMAS J SENKER | DIRECTOR Trustee or director | 0.5 | $0 |
| MARCUS WHITEHEAD | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN J MEASE JR | VICE PRESIDENT/ CFO Key employee | 50 | $184,594 | $13,383 |
| PATRICIA HOGE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KIM A FABIAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| EDNA PRIMROSE | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| SALVATORE CORRENTI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DAVID M VAHOS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER J CAVALLARO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER S EVANS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RAYMOND J BRUSCA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS COARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| IRA W COX | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS F ERDMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAUL-SEAN GRAY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANTHONY HAMLETT SR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEPHANIE JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ERIC M KRUK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PHYLICIA PORTER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EDWARD MCDONALD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID DIAZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SUSAN J GANTZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHANNA N WARBURTON-BARNES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DENNY B MATHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NANCY GRASMICK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVEN E PECK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DEBORA A PLUNKETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHERMAN L RAGLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JEFF S ROSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS B SMYTH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EILEEN AUEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN J MEASE JR | VICE PRESIDENT/ CFO Key employee | 50 | $158,478 | $11,490 |
| PATRICIA HOGE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KIM A FABIAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| EDNA PRIMROSE | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| SALVATORE CORRENTI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DAVID M VAHOS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER J CAVALLARO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER S EVANS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RAYMOND J BRUSCA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS COARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| IRA W COX | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS F ERDMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAUL-SEAN GRAY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANTHONY HAMLETT SR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEPHANIE JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ERIC M KRUK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRADLEY CHAMBERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EDWARD MCDONALD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID DIAZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SUSAN J GANTZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHANNA N WARBURTON-BARNES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LARRY LETOW | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DENNY B MATHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NANCY GRASMICK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVEN E PECK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DEBORA A PLUNKETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHERMAN L RAGLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JEFF S ROSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS B SMYTH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EILEEN AUEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8000 YORK RD, TOWSON, MD 21252-0001
- In care of
- % AMY L WEINREICH
- Principal officer (990 for 2024)
- AMY WEINREICH, 8000 YORK ROAD, TOWSON, MD 212520001
- Signed the 990
- AMY WEINREICH, VICE PRESIDENT AND CFO
- Phone
- (410) 704-2040
- Website
- WWW.TUFOUNDATION.ORG
- Return prepared by
- ELLIN & TUCKER CHARTERED
Mission
TOWSON UNIVERSITY FOUNDATION, INC. IS ORGANIZED TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS WHETHER GIVEN ABSOLUTELY, IN TRUST OR BY WAY OF AGENCY OR OTHERWISE FOR THE BENEFIT AND PROMOTION OF TOWSON UNIVERSITY OR FOR ALL OF THE EDUCATION AND SUPPORT ACTIVITIES THAT MAY BE CONDUCTED BY TOWSON UNIVERSITY.
Program accomplishments
- SCHOLARSHIPS AND AWARDS - TOWSON UNIVERSITY FOUNDATION IS COMMITTED TO PROVIDING STUDENTS WITH THE OPPORTUNITY TO OBTAIN A LIBERAL EDUCATION - AN EDUCATION THAT HELPS STUDENTS DEVELOP THE ABILITY TO THINK CRITICALLY; TO BE LITERATE, INFORMED AND ARTICULATE; TO HONOR DIVERSITY; TO DISCUSS AND DEBATE IDEAS AND ISSUES FROM MULTIPLE PERSPECTIVES, AND TO BE CAPABLE OF TAKING ON RESPONSIBILITY IN AN EVER-CHANGING WORLD. TO CREATE THOSE OPPORTUNITIES, MANY STUDENTS NEED AND DESERVE FINANCIAL ASSISTANCE. AS OF JUNE 30, 2025, TOWSON UNIVERSITY FOUNDATION HAD 719 ENDOWED SCHOLARSHIPS AND PRESENTS ADDITIONAL CASH AWARDS EACH YEAR TO DESERVING STUDENTS FROM EXISTING OPERATING SCHOLARSHIP FUNDS. SINCE STATE OF MARYLAND FUNDING NOW ACCOUNTS FOR LESS THAN 1/3 OF THE COST OF A TOWSON UNIVERSITY EDUCATION, PRIVATE FUNDING FROM GENEROUS DONORS ALLOWS TODAY'S STUDENTS AND TOMORROW'S LEADERS TO MEET THEIR FINANCIAL OBLIGATIONS. IN THE FISCAL YEAR ENDING JUNE 30, 2025, THE FOUNDATION MADE 1,343 SEPARATE SCHOLARSHIP AWARDS TO DESERVING STUDENTS TOTALING $2,776,766.ADDITIONALLY, 78 STUDENTS RECEIVED A TOTAL OF $81,080 IN STUDENT EMERGENCY AWARDS.Expenses $3,069,040 · grants $3,069,040
- UNIVERSITY SUPPORT - TO CREATE AN ENVIRONMENT THAT IS CONDUCIVE TO LEARNING, INSTITUTIONS OF HIGHER LEARNING MUST HAVE PROPER FACILITIES AND FACULTY DEDICATED TO TEACHING. FUNDS ARE MADE AVAILABLE FOR USE BY THE UNIVERSITY PRESIDENT, THE VICE PRESIDENTS AND THE DEANS OF THE SEVEN COLLEGES TO SUPPORT AREAS WHERE IMPROVEMENTS ARE NEEDED. WE REMAIN COMMITTED TO OUR GOAL OF HELPING THE UNIVERSITY ATTRACT, HIRE AND RETAIN FACULTY MEMBERS WHO ARE LEADERS IN THEIR FIELD OF STUDY, AND WHO HAVE DEMONSTRATED SUPERIOR TEACHING SKILLS. TO KEEP THEM CURRENT ON NEW DEVELOPMENTS IN THEIR FIELD AND TEACHING METHODS, THEY ARE ENCOURAGED TO PERFORM RESEARCH AND TO ATTEND SEMINARS AND CONFERENCES. IN ADDITION TO FUNDING PROVIDED BY DONORS, THE FOUNDATION ALSO MAKES FUNDS AVAILABLE TO THE UNIVERSITY THROUGH THE UNRESTRICTED BUDGET PROCESS THAT HELPED TO SUPPORT THE VARIOUS PRESIDENTIAL INITIATIVES. THESE ARE INITIATIVES THAT MIGHT OTHERWISE NOT MOVE FORWARD DUE TO THE LACK OF OTHER FUNDING SOURCES.Expenses $1,398,905 · grants $1,398,905
- ATHLETIC PROGRAMS - THE FOUNDATION SOLICITS AND MANAGES FUNDS IN SUPPORT OF THE UNIVERSITY'S ALIGNED VISION FOR ATHLETICS, WHICH STATES "TOWSON UNIVERSITY IS COMMITTED TO A FINANCIALLY STABLE, GENDER-EQUITABLE AND COMPETITIVE ATHLETICS PROGRAM. THE UNIVERSITY WILL CONTINUE TO SUPPORT THESE GOALS BY PLACING ACADEMICS FIRST. WE WILL SUPPORT OPPORTUNITIES FOR ALL TOWSON STUDENTS TO PARTICIPATE IN A RANGE OF SPORTS ACTIVITIES AND LEADERSHIP OPPORTUNITIES THAT SUPPORT PHYSICAL WELL-BEING AND PERSONAL EXCELLENCE." THE UNIVERSITY CURRENTLY FIELDS 19 DIVISION I ATHLETIC TEAMS (13 IN WOMEN'S SPORTS, 6 IN MEN'S SPORTS).Expenses $1,800,920
- THE $3,176,870 OF OTHER PROGRAM SERVICE EXPENSES RELATE TO EXPENSES THAT SUPPORT THE VARIETY OF PROGRAMS OFFERED BY TOWSON UNIVERSITY FOR THE BENEFIT OF THE STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY. ALL EXPENSES SUPPORT THE CORE MISSION OF THE FOUNDATION AND THEREFORE THAT OF THE UNIVERSITY AS WELL. THE FOUNDATION EXISTS TO SUPPORT THE UNIVERSITY THROUGH THESE EXPENDITURES.Expenses $3,176,870 · revenue $340,457
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0939453
- 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
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $134,708,581
- Income (IRS master file)
- $55,848,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,174,298 | $10,736,643 | $134,708,581 | IRS |
| 990 | June 2024 | $11,057,875 | $9,580,323 | $122,225,421 | XML |
| 990 | June 2023 | $15,208,535 | $9,346,653 | $112,019,400 | XML |
| 990 | June 2022 | $17,012,996 | $10,336,888 | $103,275,008 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 52-0939453).
Questions about TOWSON UNIVERSITY FOUNDATION INC
- What is the EIN of TOWSON UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of TOWSON UNIVERSITY FOUNDATION INC is 52-0939453.
- Is TOWSON UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to TOWSON UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TOWSON UNIVERSITY 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 TOWSON UNIVERSITY 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 TOWSON UNIVERSITY 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 TOWSON UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names AMY WEINREICH.
- Who are the officers and directors of TOWSON UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 28 people; 1 received compensation from the organization, the highest $221,677 (JOHN J MEASE JR, VICE PRESIDENT/ CFO).
- How much revenue does TOWSON UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,174,298, expenses of $10,736,643 and total assets of $134,708,581 at year end.
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