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Nonprofit · EIN 52-1127396

SALISBURY UNIVERSITY FOUNDATION INC

Tax-exempt · SALISBURY, MD 21802

Financials

$8.3M$6.2M2023$14.7M$7.4M2024
Revenue Expenses · by fiscal year end
Financials of SALISBURY UNIVERSITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,715,504$7,428,597$7,286,907$145,704,085$2,489,197$143,214,888
June 30, 2024990$8,338,038$6,241,851$2,096,187$125,344,982$2,479,725$122,865,257
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$11,800,991
Program service revenue
$209,433
Investment income
$2,613,203
Net gain from sales of assets
$173,406
Net income from fundraising events
$4,800
Other revenue
$91,877

Expenses

Grants and similar amounts paid
$3,603,442
Other salaries and wages
$970,890
Salaries, compensation and benefits (total)
$970,890
Professional fundraising fees
$0
Travel
$173,972
Depreciation
$11,522
Program services (functional)
$5,676,189
Management and general (functional)
$1,132,659
Fundraising (functional)
$619,749

Balance sheet and other

Total assets, start of year
$125,344,982
Total assets, end of year
$145,704,085
Total liabilities, end of year
$2,489,197
Net assets, end of year
$143,214,888
Land, buildings and equipment
$83,104
Net assets without donor restrictions
$13,541,469
Net assets with donor restrictions
$129,673,419
Gross receipts
$20,076,316
Employees
0
Volunteers
40
Year formed
1973
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 / weekCompensation
DR PETER JACKSONDIRECTOR
Trustee or director
1$0
DR MARK BOWENDIRECTOR
Trustee or director
1$0
JASON CURTINEXECUTIVE DIRECTOR
Trustee or director, Officer
10$0
PETE BUZYDIRECTOR
Trustee or director
1$0
DR ROBERT CLARKEDIRECTOR
Trustee or director
1$0
MICHELE GARIGLIANOIMMEDIATE PAST CHAIR
Trustee or director
2$0
DR SIMONA ENGDIRECTOR
Trustee or director
1$0
SAMANTHA HOWARDVICE CHAIR
Trustee or director
2$0
SONYA WHITEDDIRECTOR
Trustee or director
1$0
JOE DORREGOSECRETARY
Trustee or director
2$0
RON MCGANNDIRECTOR
Trustee or director
1$0
ASHLEY STERNCHAIR
Trustee or director
2$0
KIMMERLY MESSICKDIRECTOR
Trustee or director
1$0
PHYLLIS VINYARDDIRECTOR
Trustee or director
1$0
JULIUS M JONES JRDIRECTOR
Trustee or director
1$0
16 more people on this return
NameTitleHours / weekCompensation
J MICHAEL SCARBOROUGHDIRECTOR
Trustee or director
1$0
MARK SMITHDIRECTOR
Trustee or director
1$0
LOUIS TAYLORDIRECTOR
Trustee or director
1$0
DAWN L ADKINS-HARCUMTREASURER
Trustee or director
2$0
RUBY BROWNDIRECTOR
Trustee or director
1$0
DAVID J HARKINSDIRECTOR
Trustee or director
1$0
ERIC MCLAUCHLINVICE CHAIR
Trustee or director
2$0
NICOLE D TURNERDIRECTOR
Trustee or director
1$0
STEPHEN FARROWDIRECTOR
Trustee or director
1$0
WILLIAM HALLDIRECTOR
Trustee or director
1$0
DR CHARLES B SILVIA JRDIRECTOR
Trustee or director
1$0
MARIA WALLERDIRECTOR
Trustee or director
1$0
SANDY S FITZGERALD-ANGELLODIRECTOR
Trustee or director
1$0
DR THOMAS W JONESDIRECTOR
Trustee or director
1$0
KIMBERLY S MAGAHADIRECTOR
Trustee or director
1$0
KONRAD MORGAN WAYSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensation
DR PETER JACKSONDIRECTOR
Trustee or director
1$0
CYNTHIA BOUNDSDIRECTOR
Trustee or director
1$0
HOWARD CROSSANDIRECTOR
Trustee or director
1$0
DR MARK BOWENDIRECTOR
Trustee or director
1$0
JASON CURTINEXECUTIVE DIRECTOR
Trustee or director, Officer
10$0
PETE BUZYDIRECTOR
Trustee or director
1$0
GARY DESJARDINSTREASURER
Trustee or director
2$0
DR ROBERT CLARKEDIRECTOR
Trustee or director
1$0
MICHELE GARIGLIANOIMMEDIATE PAST CHAIR
Trustee or director
2$0
DR SIMONA ENGDIRECTOR
Trustee or director
1$0
RICHARD GIVENS IIDIRECTOR
Trustee or director
1$0
SAMANTHA HOWARDVICE CHAIR
Trustee or director
2$0
SONYA WHITEDDIRECTOR
Trustee or director
1$0
JOE DORREGOSECRETARY
Trustee or director
2$0
RON MCGANNDIRECTOR
Trustee or director
1$0
ASHLEY STERNCHAIR
Trustee or director
2$0
DR JULIUS D ZANTVICE CHAIR
Trustee or director
2$0
KIMMERLY MESSICKDIRECTOR
Trustee or director
1$0
PHYLLIS VINYARDDIRECTOR
Trustee or director
1$0
JULIUS M JONES JRDIRECTOR
Trustee or director
1$0
J MICHAEL SCARBOROUGHDIRECTOR
Trustee or director
1$0
MARK SMITHDIRECTOR
Trustee or director
1$0
LOUIS TAYLORDIRECTOR
Trustee or director
1$0
DAWN L ADKINS-HARCUMDIRECTOR
Trustee or director
1$0
RUBY BROWNDIRECTOR
Trustee or director
1$0
DAVID J HARKINSDIRECTOR
Trustee or director
1$0
ERIC MCLAUCHLINDIRECTOR
Trustee or director
1$0
NICOLE D TURNERDIRECTOR
Trustee or director
1$0
STEPHEN FARROWDIRECTOR
Trustee or director
1$0
WILLIAM HALLDIRECTOR
Trustee or director
1$0
DR CHARLES B SILVIA JRDIRECTOR
Trustee or director
1$0
MARIA WALLERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 2655, SALISBURY, MD 21802-2655
Principal officer (990 for 2024)
JASON CURTIN, 1308 CAMDEN AVE, SALISBURY, MD 21801
Signed the 990
JASON CURTIN, EXECUTIVE DIRECTOR
Phone
(410) 543-6392
Return prepared by
UHY ADVISORS MID-ATLANTIC INC

Mission

THE PURPOSE OF THE FOUNDATION IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • ACADEMIC ADMINISTRATION
    Expenses $527,797 · grants $221,876
  • ENDOWED COLLEGES AND SCHOOLS
    Expenses $3,799,809 · grants $2,777,090
  • ATHLETICS AND CAMPUS RECREATION
    Expenses $1,182,229 · grants $357,834
  • OUTREACH
    Expenses $166,354 · grants $246,642

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
52-1127396
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$145,704,085
Income (IRS master file)
$20,076,316

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,715,504$7,428,597$145,704,085XML
990June 2024$8,338,038$6,241,851$125,344,982XML
990June 2023$7,805,094$5,378,594$110,537,610IRS
990June 2022–––IRS
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 52-1127396).

Questions about SALISBURY UNIVERSITY FOUNDATION INC

What is the EIN of SALISBURY UNIVERSITY FOUNDATION INC?
The employer identification number (EIN) of SALISBURY UNIVERSITY FOUNDATION INC is 52-1127396.
Is SALISBURY UNIVERSITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to SALISBURY UNIVERSITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SALISBURY 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 SALISBURY 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 SALISBURY 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 SALISBURY UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JASON CURTIN.
Who are the officers and directors of SALISBURY UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 31 people; 0 received compensation from the organization.
How much revenue does SALISBURY UNIVERSITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,715,504, expenses of $7,428,597 and total assets of $145,704,085 at year end.

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