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Nonprofit · EIN 52-6055592

TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE

Tax-exempt · BALTIMORE, MD 21201

Financials

$8.4M$4.2M2023$7.4M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,446,861$3,330,710$4,116,151$143,648,786$70,039$143,578,747
December 31, 2023990$8,445,319$4,157,363$4,287,956$135,048,885$1,202,283$133,846,602
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$323,640
Program service revenue
$0
Investment income
$7,123,221
Net gain from sales of assets
$5,765,353
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,757,278
Compensation of officers, directors and key employees
$50,000
Salaries, compensation and benefits (total)
$50,000
Professional fundraising fees
$0
Legal fees
$518
Accounting fees
$140,875
Depreciation
$714
Program services (functional)
$2,760,781
Management and general (functional)
$569,929

Balance sheet and other

Total assets, start of year
$135,048,885
Total assets, end of year
$143,648,786
Total liabilities, end of year
$70,039
Net assets, end of year
$143,578,747
Land, buildings and equipment
$536
Publicly traded securities
$97,267,188
Net assets with donor restrictions
$143,578,747
Gross receipts
$63,666,023
Employees
0
Volunteers
8
Year formed
1904
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DR GEORGE M BOYERPresident
Trustee or director, Officer
10$50,000
CHARLES J MORTON JRDirector
Trustee or director
1$0
Dr Danielle BaekDirector
Trustee or director
1$0
DR DONNA S HANESDirector
Trustee or director
1$0
DR J LAWRENCE FITZPATRICKDirector
Trustee or director
1$0
DR MARK M APPLEFELDDirector
Trustee or director
1$0
JAMES G CORCKRANDirector
Trustee or director
1$0
mac fordDirector
Trustee or director
1$0
MNATALIE MCSHERRYDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DR GEORGE M BOYERPresident
Trustee or director, Officer
10$50,000
CHARLES J MORTON JRDirector
Trustee or director
1$0
Dr Danielle BaekDirector
Trustee or director
1$0
DR DONNA S HANESDirector
Trustee or director
1$0
DR J LAWRENCE FITZPATRICKDirector
Trustee or director
1$0
DR MARK M APPLEFELDDirector
Trustee or director
1$0
JAMES G CORCKRANDirector
Trustee or director
1$0
mac fordDirector
Trustee or director
1$0
MNATALIE MCSHERRYDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
522 W LOMBARD ST, BALTIMORE, MD 21201-1603
In care of
% DR FOXWELL
Principal officer (990 for 2024)
Dr George M Boyer, 522 W Lombard St Davidge Hall, Baltimore, MD 21201
Signed the 990
Dr George M Boyer, President
Phone
(410) 706-7454
Return prepared by
Forvis Mazars LLP

Mission

TO HOLD INVEST, AND CONTROL CASH, INVESTMENTS, AND OTHER PROPERTY, AND TO APPLY THE INCOME FROM INVESTMENTS TO THE BENEFIT OF UNIVERSITY OF MARYLAND BALTIMORE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION'S PURPOSE IS TO RECEIVE, INVEST, AND CONTROL ANY PROPERTY ENTRUSTED TO IT AND TO APPLY THE INCOME IN ACCORDANCE WITH THE DONOR'S WISHES TO BENEFIT THE UNIVERSITY OF MARYLAND BALTIMORE.
    Expenses $2,760,781 · grants $2,757,278

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-6055592
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$143,648,786
Income (IRS master file)
$63,666,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,446,861$3,330,710$143,648,786XML
990December 2023$8,445,319$4,157,363$135,048,885XML
990December 2022$16,500,656$2,713,996$119,672,854IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 52-6055592).

Questions about TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE

What is the EIN of TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE?
The employer identification number (EIN) of TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE is 52-6055592.
Is TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
Are donations to TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE 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 TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE?
The 990 for the year ended December 31, 2024 names Dr George M Boyer.
Who are the officers and directors of TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $50,000 (DR GEORGE M BOYER, President).
How much revenue does TRUSTEES OF THE ENDOWMENT FUND OF THE UNIV OF MD SCHOOL OF MEDICINE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,446,861, expenses of $3,330,710 and total assets of $143,648,786 at year end.

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