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Nonprofit · EIN 52-1224503

MPT FOUNDATION INC

Tax-exempt · OWINGS MILLS, MD 21117

Financials

$5.5M$4.8M2022$5.7M$5.3M2023$8.7M$6.7M2024
Revenue Expenses · by fiscal year end
Financials of MPT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,690,219$6,704,650$1,985,569$20,811,490$29,120$20,782,370
June 30, 2024990$5,671,065$5,309,883$361,182$18,329,479$48,908$18,280,571
June 30, 2023990$5,480,845$4,849,818$631,027$16,899,604$95,813$16,803,791
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,519,960
Program service revenue
$0
Investment income
$1,030,469
Net gain from sales of assets
$542,971
Net income from gaming
$64,810
Other revenue
$139,790

Expenses

Grants and similar amounts paid
$4,571,850
Other salaries and wages
$563,097
Salaries, compensation and benefits (total)
$658,863
Professional fundraising fees
$144,125
Accounting fees
$116,272
Occupancy
$40,000
Travel
$312,047
Program services (functional)
$4,610,850
Management and general (functional)
$469,223
Fundraising (functional)
$1,624,577

Balance sheet and other

Total assets, start of year
$18,329,479
Total assets, end of year
$20,811,490
Total liabilities, end of year
$29,120
Net assets, end of year
$20,782,370
Publicly traded securities
$15,035,390
Net assets without donor restrictions
$9,941,144
Net assets with donor restrictions
$10,841,226
Gross unrelated business income
$74,980
Gross receipts
$11,870,650
Employees
9
Volunteers
23
Year formed
1981
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
Larry D UngerPast President
Trustee or director, Officer
40$280,644
Patricia FitzhughTreasurer
Officer
40$175,626
Erin ChrestSecretary
Officer
40$153,951
Rhea FeikinVice Chair
Trustee or director, Officer
1$0
Richard BodorffChair
Trustee or director, Officer
1$0
Alfred R BerkeleyDirector
Trustee or director
0.5$0
Ann K MurrayDirector
Trustee or director
0.5$0
Anne WestDirector
Trustee or director
0.5$0
Beth SuarezDirector
Trustee or director
0.5$0
Craig FullerDirector
Trustee or director
0.5$0
Debbie DriesmanDirector
Trustee or director
0.5$0
Dr Betty Molina MorganDirector
Trustee or director
0.5$0
Dr Shailaja DidolkarDirector
Trustee or director
0.5$0
Edward H KaplanDirector
Trustee or director
0.5$0
Ellie WangDirector
Trustee or director
0.5$0
13 more people on this return
NameTitleHours / weekCompensation
H King CorbettDirector
Trustee or director
0.5$0
Harry KassapDirector
Trustee or director
0.5$0
Henry StansburyDirector
Trustee or director
0.5$0
John Anthony WolfDirector
Trustee or director
0.5$0
Kathryn D LindquistDirector
Trustee or director
0.5$0
Mary Louise PreisDirector
Trustee or director
0.5$0
Michael StyerDirector
Trustee or director
0.5$0
Patrick ButlerEmeritus
Trustee or director
0.5$0
Paul UllmanDirector
Trustee or director
0.5$0
Rebecca J HansonDirector
Trustee or director
0.5$0
Robert C Douglas ESQDirector
Trustee or director
0.5$0
Tyrone TabornDirector
Trustee or director
0.5$0
W Thomas CurtisDirector
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 29 people
NameTitleHours / weekCompensationFrom related orgs
LARRY D UNGERPRESIDENT
Trustee or director, Officer
1$0$326,158
SUZANNE SCHWERTMANPAST TREASURER
Former
1$0$153,666
ERIN CHRESTSECRETARY
Officer
1$0$138,509
MICHAEL STYERDIRECTOR
Trustee or director
0.5$0$0
ROBERT C DOUGLAS ESQDIRECTOR
Trustee or director
0.5$0$0
RICHARD BODORFFCHAIR
Trustee or director, Officer
1$0$0
RHEA FEIKINVICE CHAIR
Trustee or director, Officer
1$0$0
REBECCA J HANSONDIRECTOR
Trustee or director
0.5$0$0
PAUL ULLMANDIRECTOR
Trustee or director
0.5$0$0
PATRICK BUTLEREMERITUS
Trustee or director
0.5$0$0
MARY LOUISE PREISDIRECTOR
Trustee or director
0.5$0$0
W THOMAS CURTISDIRECTOR
Trustee or director
0.5$0$0
KATHRYN D LINDQUISTDIRECTOR
Trustee or director
0.5$0$0
JOHN ANTHONY WOLFDIRECTOR
Trustee or director
0.5$0$0
HARRY KASSAPDIRECTOR
Trustee or director
0.5$0$0
H KING CORBETTDIRECTOR
Trustee or director
0.5$0$0
ALFRED R BERKELEYDIRECTOR
Trustee or director
0.5$0$0
ELLIE WANGDIRECTOR
Trustee or director
0.5$0$0
EDWARD H KAPLANDIRECTOR
Trustee or director
0.5$0$0
DR SHAILAJA DIDOLKARDIRECTOR
Trustee or director
0.5$0$0
DR BETTY MOLINA MORGANDIRECTOR
Trustee or director
0.5$0$0
BETH SUAREZDIRECTOR
Trustee or director
0.5$0$0
ANN K MURRAYDIRECTOR
Trustee or director
0.5$0$0
DEBBIE DRIESMANDIRECTOR
Trustee or director
0.5$0$0
HENRY STANSBURYDIRECTOR
Trustee or director
0.5$0$0
TYRONE TABORNDIRECTOR
Trustee or director
0.5$0$0
CRAIG FULLERDIRECTOR
Trustee or director
0.5$0$0
ANNE WESTDIRECTOR
Trustee or director
0.5$0$0
PATRICIA FITZHUGHTREASURER
Officer
1$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgs
LARRY D UNGERPRESIDENT
Trustee or director, Officer
1$0$297,287
SUZANNE SCHWERTMANTREASURER
Officer
0.5$0$153,666
ERIN CHRESTSECRETARY
Officer
1$0$120,424
ALFRED R BERKELEYDIRECTOR
Trustee or director
0.5$0$0
TYRONE TABORNDIRECTOR
Trustee or director
0.5$0$0
STANLEY RODBELLDIRECTOR
Trustee or director
0.5$0$0
SHELLY GARDENIERSDIRECTOR
Trustee or director
0.5$0$0
ROBERT C DOUGLAS ESQDIRECTOR
Trustee or director
0.5$0$0
RICHARD BODORFFCHAIR
Trustee or director, Officer
0.5$0$0
RHEA FEIKINVICE CHAIR
Trustee or director, Officer
0.5$0$0
REBECCA J HANSONDIRECTOR
Trustee or director
0.5$0$0
PAUL ULLMANDIRECTOR
Trustee or director
0.5$0$0
PATRICK BUTLEREMERITUS
Trustee or director
0.5$0$0
MARY LOUISE PREISDIRECTOR
Trustee or director
0.5$0$0
W THOMAS CURTISDIRECTOR
Trustee or director
0.5$0$0
KATHRYN D LINDQUISTDIRECTOR
Trustee or director
0.5$0$0
JOHN ANTHONY WOLFDIRECTOR
Trustee or director
1$0$0
HARRY KASSAPDIRECTOR
Trustee or director
0.5$0$0
H KING CORBETTDIRECTOR
Trustee or director
0.5$0$0
ELLIE WANGDIRECTOR
Trustee or director
0.5$0$0
ELAINE FREEMANDIRECTOR
Trustee or director
0.5$0$0
EDWARD H KAPLANDIRECTOR
Trustee or director
0.5$0$0
DR SHAILAJA DIDOLKARDIRECTOR
Trustee or director
0.5$0$0
DR BETTY MOLINA MORGANDIRECTOR
Trustee or director
0.5$0$0
BETH SUAREZDIRECTOR
Trustee or director
0.5$0$0
ANN K MURRAYDIRECTOR
Trustee or director
0.5$0$0
JOY THOMAS MOOREDIRECTOR
Trustee or director
0.5$0$0
WILLIAM B GILMOREDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
11767 OWINGS MILL BILLS BLVD, OWINGS MILLS, MD 21117-0000
In care of
% MARY ANN PHILLIPS
Principal officer (990 for 2024)
Larry D Unger, CO Fitzhugh 11767 Owings Mills Blvd, Owings Mills, MD 211171499
Signed the 990
Larry D Unger, President
Phone
(410) 581-4030
Return prepared by
BDO USA

Mission

The foundation's purpose is to support and promote the objectives of the Maryland Public Broadcasting Commission (MPT) in the following ways: 1) To facilitate fund raising programs and contributions from private sources to foster and promote the general welfare of MPT 2) To promote, sponsor, and implement educational, scientific, charitable and cultural activities for the benefit of MPT and 3) To accumulate and provide funds to be invested and to utilize the principal and income thereof for activities that enhance and further the mission of MPT.

990 for the year ended June 30, 2025

Program accomplishments

  • Support grants to the Maryland Public Broadcasting Commission (MPT) and general, programming and membership support provided to MPT
    Expenses $4,610,850 · grants $4,571,850

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
52-1224503
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
1981
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,811,490
Income (IRS master file)
$11,870,650

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,690,219$6,704,650$20,811,490IRS
990-TJune 2025–––IRS
990June 2024$5,671,065$5,309,883$18,329,479XML
990-TJune 2024–––IRS
990June 2023$5,480,845$4,849,818$16,899,604XML
990-TJune 2023–––IRS
990June 2022$7,324,843$2,884,651$15,645,200IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 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 52-1224503).

Questions about MPT FOUNDATION INC

What is the EIN of MPT FOUNDATION INC?
The employer identification number (EIN) of MPT FOUNDATION INC is 52-1224503.
Is MPT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to MPT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MPT 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 MPT 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 MPT 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 MPT FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Larry D Unger.
Who are the officers and directors of MPT FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 28 people; 3 received compensation from the organization, the highest $280,644 (Larry D Unger, Past President).
How much revenue does MPT FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,690,219, expenses of $6,704,650 and total assets of $20,811,490 at year end.

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