2024-04-16T10:30:03-05:00 2023-06-30 990 2022-07-01 522197313 UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC UNIV 3014055244 4603 CALVERT ROAD COLLEGE PARK MD 20740 CYNTHIA ALLEN VP/CFO/TREASURER 3014055244 2024-03-15 CYNTHIA ALLEN 999009999 0 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CYNTHIA ALLEN 4603 CALVERT ROAD COLLEGE PARK MD 20740 176897827 0 X WWW.UMCPF.ORG X 1999 MD TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS TO MAKE EXPENDITURES THAT BENEFIT THE UNIVERSITY OF MARYLAND COLLEGE PARK, IN SUPPORT OF ITS MISSION, GOALS, AND PROGRAMS. 47 47 0 0 0 0 85554212 149576720 302985 403005 56439242 26458641 327710 459461 142624149 176897827 41855287 50765232 0 0 0 0 505512 235697 235697 17811574 14910421 60172373 65911350 82451776 110986477 895447523 1029869569 9206162 5722397 886241361 1024147172 X TO RECEIVE, HOLD, INVEST, MANAGE, USE, DISPOSE OF AND ADMINISTER PROPERTY OF ALL KINDS AND TO MAKE EXPENDITURES THAT BENEFIT THE UNIVERSITY OF MARYLAND COLLEGE PARK, IN SUPPORT OF ITS MISSION, GOALS AND PROGRAMS. 0 0 16934229 16530896 400 ACADEMIC PROGRAM SUPPORT - TO SUPPORT ACADEMIC PROGRAMS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK THROUGH PAYMENTS FOR FACULTY AND STAFF SALARIES AND BENEFITS, ACADEMIC PROGRAM OPERATING EXPENSES, CONFERENCES, WORKSHOPS, HONORARIUMS, EQUIPMENT AND ACADEMIC MEMBERSHIPS. 14189318 8767929 3987 INSTITUTIONAL ADVANCEMENT - TO PROVIDE SUPPORT FOR ACTIVITIES CONCERNED WITH THE ENHANCING AND/OR IMPROVING THE INSTITUTION OVER THE LONG-TERM AS WELL AS SUPPORT FOR COMMUNITY ENGAGEMENT AND ALUMNI RELATIONS 11687190 7794804 44768 FACILITY - TO PROVIDE SUPPORT TO THE UPKEEP, REPAIR, AND CONSTRUCTION OF THE BUILDINGS AND GROUNDS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK 20007380 18374633 353850 PROGRAM SERVICE EXPENSES: 20,007,380, GRANTS AND ALLOCATIONS: 18,374,633, REVENUE: 353,850 (DESCRIBE IN SCHEDULE O).SCHOLARSHIP/FELLOWSHIP - PROGRAM SERVICE EXPENSES $11,270,518.12: GRANTS AND ALLOCATIONS $11,160,518.45: REVENUE $17,077.80 SCHOLARSHIP/FELLOWSHIP TO PROVIDE SUPPORT FOR OUTRIGHT SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS AND FELLOWS SELECTED BY THE UNIVERSITY OF MARYLAND COLLEGE PARK.ATHLETICS - PROGRAM SERVICE EXPENSES $4,576,451.10: GRANTS AND ALLOCATIONS $3,598,699.96: REVENUE $325,534.02 ATHLETICS - TO PROVIDE SUPPORT FOR THE OPERATION OF ATHLETIC PROGRAMS AND ATHLETIC RELATED STUDENT ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.RESEARCH SUPPORT - PROGRAM SERVICE EXPENSES $2,095,445.70: GRANTS AND ALLOCATIONS $2,018,282.63: REVENUE $0 RESEARCH SUPPORT - TO PROVIDE SUPPORT FOR RESEARCH ACTIVITIES AND RESEARCH FACILITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.STUDENT SUPPORT - PROGRAM SERVICE EXPENSES $1,822,855.80: GRANTS AND ALLOCATIONS $1,393,920.53: REVENUE $6,238.10 STUDENT SUPPORT - TO PROVIDE SUPPORT TO STUDENTS AND STUDENT ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK.PUBLIC SERVICE - PROGRAM SERVICE EXPENSES $242,109.77: GRANTS AND ALLOCATIONS $203,211.50 REVENUE $5,000.00 PUBLIC SERVICE SUPPORT - TO PROVIDE SUPPORT FOR ACTIVITIES THAT ARE MUTUALLY BENEFICIAL TO THE UNIVERSITY OF MARYLAND COLLEGE PARK AND INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTION INCLUDING COMMUNITY SERVICE PROGRAMS. 20007380 18374633 353850 62818117 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 127 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 47 47 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT WA WI WV X CYNTHIA ALLEN 3014055865 4603 CALVERT ROAD COLLEGE PARK MD 20740 MATTHEW HODGE PRESIDENT (TO JUNE '23) 4.00 40.00 X X 0 263741 10820 CRAIG THOMPSON BOARD CHAIR 1.00 0.00 X X 0 0 0 ARTHUR ADLER CHAIR, ADVOCACY AND GOVERNMENT RELATIONS COMMITTEE 1.00 0.00 X X 0 0 0 JAMES CANTOR CHAIR, BUDGET, AUDIT AND INVESTMENT COMMITTEE 1.00 0.00 X X 0 0 0 NICOLE POLLARD CHAIR, COMMITTEE ON TRUSTEES 1.00 0.00 X X 0 0 0 ALBERT CAREY CHAIR, EXECUTIVE COMMITTEE 1.00 0.00 X X 0 0 0 DANIEL MILLMAN CHAIR, REAL ESTATE COMMITTEE 1.00 0.00 X X 0 0 0 NANCY CLARVIT CO-CHAIR, DEVELOPMENT COMMITTEE 1.00 0.00 X X 0 0 0 MICHAEL SCHWAB CO-CHAIR, DEVELOPMENT COMMITTEE 1.00 0.00 X X 0 0 0 RYAN DEARBORN ADVISORY TRUSTEE 1.00 0.00 X X 0 0 0 EMILIO FERNANDEZ ADVISORY TRUSTEE 1.00 0.00 X X 0 0 0 ROSE COHEN AT LARGE, EXECUTIVE COMMITTEE 1.00 0.00 X X 0 0 0 MARLENE FELDMAN AT LARGE, EXECUTIVE COMMITTEE 1.00 0.00 X X 0 0 0 CHRISTINE FISHER AT LARGE, EXECUTIVE COMMITTEE 1.00 0.00 X X 0 0 0 RUCHI MEHTA AT LARGE, EXECUTIVE COMMITTEE 1.00 0.00 X X 0 0 0 PAUL MANDELL IMMEDIATE PAST PRESIDENT, CHAIR NOMINATING COMMITT 1.00 0.00 X X 0 0 0 MURRAY ABRAMS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 SHARON AKERS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 WANDA ALEXANDER ELECTED TRUSTEE 1.00 0.00 X 0 0 0 CARLTON ARRENDELL ELECTED TRUSTEE 1.00 0.00 X 0 0 0 KENNETH BEDINGFIELD ELECTED TRUSTEE 1.00 0.00 X 0 0 0 MARK CIARDI ELECTED TRUSTEE 1.00 0.00 X 0 0 0 JASON COHEN ELECTED TRUSTEE 1.00 0.00 X 0 0 0 CHARLES DAGGS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 RICHARD DAVIS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 AMY EISEN ELECTED TRUSTEE 1.00 0.00 X 0 0 0 LEONARD ELMORE ELECTED TRUSTEE 1.00 0.00 X 0 0 0 JOEL FELLER ELECTED TRUSTEE 1.00 0.00 X 0 0 0 V RAYMOND FERRARA ELECTED TRUSTEE 1.00 0.00 X 0 0 0 ASHLEY FOXWORTH ELECTED TRUSTEE 1.00 0.00 X 0 0 0 ERIC FRANCIS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 ELLEN GASKE ELECTED TRUSTEE 1.00 0.00 X 0 0 0 HARRY GELLER ELECTED TRUSTEE 1.00 0.00 X 0 0 0 BRIAN GIBBONS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 BARRY GOSSETT ELECTED TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM GREENBLATT ELECTED TRUSTEE 1.00 0.00 X 0 0 0 LISA HUNT ELECTED TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL JOHNSON ELECTED TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER JONES ELECTED TRUSTEE 1.00 0.00 X 0 0 0 KAREN LEVENSON ELECTED TRUSTEE 1.00 0.00 X 0 0 0 MARK LEWIS ELECTED TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL LUZIO ELECTED TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY MALONEY ELECTED TRUSTEE 1.00 0.00 X 0 0 0 SINGLETON MCALLISTER ELECTED TRUSTEE 1.00 0.00 X 0 0 0 ALEXANDER MEHR ELECTED TRUSTEE 1.00 0.00 X 0 0 0 CATHERINE MERRILL ELECTED TRUSTEE 1.00 0.00 X 0 0 0 KEVIN PLANK ELECTED TRUSTEE 1.00 0.00 X 0 0 0 MARVIN RABOVSKY ELECTED TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY REGAN ELECTED TRUSTEE 1.00 0.00 X 0 0 0 LAURA SCHEELER ELECTED TRUSTEE 1.00 0.00 X 0 0 0 BRENDA REVER EMERITA TRUSTEE 1.00 0.00 X 0 0 0 ROBERT BEDINGFIELD EMERITA TRUSTEE 1.00 0.00 X 0 0 0 JOHN BROPHY EMERITA TRUSTEE 1.00 0.00 X 0 0 0 WALDO BURNSIDE EMERITA TRUSTEE 1.00 0.00 X 0 0 0 P DOUGLAS DOLLENBERG EMERITA TRUSTEE 1.00 0.00 X 0 0 0 GORDON ENGLAND EMERITA TRUSTEE 1.00 0.00 X 0 0 0 LOWELL GLAZER EMERITA TRUSTEE 1.00 0.00 X 0 0 0 HARVEY SANDERS EMERITA TRUSTEE 1.00 0.00 X 0 0 0 ROBERT SMITH EMERITA TRUSTEE 1.00 0.00 X 0 0 0 PEDRO WASMER EMERITA TRUSTEE 1.00 0.00 X 0 0 0 ROBERT FISCHELL HONORARY TRUSTEE 1.00 0.00 X 0 0 0 ALMA GILDENHORN HONORARY TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH GILDENHORN HONORARY TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM KIRWAN HONORARY TRUSTEE 1.00 0.00 X 0 0 0 GARY WILLIAMS HONORARY TRUSTEE 1.00 0.00 X 0 0 0 AMY EICHHORST SECRETARY 8.00 40.00 X 0 329109 18170 CYNTHIA ALLEN VP/CFO/TREASURER 12.00 40.00 X 0 304084 2317 WINONA ROACH ASST CFO 36.00 40.00 X 0 170541 20603 KEVIN PFISTER ASST. TREASURER 36.00 40.00 X 0 154762 22919 0 1222237 74829 0 0 1 0 CLARK CONSTRUCTION LLC 7500 OLD GEORGETOWN ROAD BETHESDA MD 20814 CONSTRUCTION 2872117 GOOD TIDINGS CATERING 1150 SOUTH CAMPUS DRIVE COLLEGE PARK MD 20742 CATERING SERVICES 478571 LOCAL PROJECTS 123 WILLIAM STREET SUITE 801 NEW YORK NY 10038 INTEGRATED MARKETING 439852 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 COMPUTER SOFTWARE 349603 MARKETING COMMUNICATION RESOURCE 4800 EAST 345TH STREET WILLOUGHBY OH 44094 PRINTING/COMMUNICATIONS SERVICES 330741 19 51605 149525115 17896930 149576720 SALES AND SUITE PREMIUMS 350920 350920 EDUCATIONAL PROGRAMS 43460 43460 COURSES AND CONFERENCES 8425 8425 JOURNALISM NEWS SERVICE 200 200 403005 9218039 9218039 159054 0 159054 159054 159054 17240602 0 17240602 17240602 17240602 NON-GIFT REVENUE 300407 300407 300407 176897827 403005 0 26918102 50765232 50765232 77060 1289 75771 129200 129200 235697 235697 73786 73786 3726491 3424902 301589 2214006 2089229 124777 1713056 1674863 38193 382413 337695 44718 170189 159867 10322 621376 607663 13713 135974 125377 10597 25361 25361 96575 26253 70322 REPAIR/RENOVATION BLDG 3379707 3340132 39575 REIMBURSEMENT TO UMCP 1598740 1598740 BANK AND CREDIT CARD FE 300764 300764 EDUCATIONAL PROGRAMS 225263 225263 40460 40352 108 65911350 62818117 2857536 235697 2 -1 58619419 51659384 107119360 135374863 6546797 6456665 31624251 30323383 1326228 1300868 29471836 100759398 666117839 684424512 26246042 49893880 895447523 1029869569 2763419 3174427 1353542 648993 5089201 1898977 9206162 5722397 X 15414287 38314025 870827074 985833147 886241361 1024147172 895447523 1029869569 110986477 12142660 14776674 0 X 0 X 1 X 1 0 X 0 122441911 75941914 83293336 85486467 149576720 516740348 122441911 75941914 83293336 85486467 149576720 516740348 516740348 20441217 30589509 24502154 56439242 26458641 158430763 675171111 0.76530 0.78360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X STATUE DONATED BY ARTIST 0 675897000 52345000 31118424 19422000 8590424 731348000 656819000 30737000 10629000 14901000 7387000 675897000 503956000 47913000 121077000 10262000 5865000 656819000 491704000 26221000 2296000 10761500 5504000 503955500 437529000 47890000 23315000 11408000 5622000 491704000 0.02000 0.98000 0 1 1 12300 12300 31511951 30323383 1188568 100000 100000 1300868 ENDOWMENT INVESTMENT POOL 680514878 C CGA/CRUT INVESTMENT POOL 3909634 C 684424512 ANNUITIES PAYABLE 1898977 1898977 X 189040485 12142658 12142658 176897827 0 176897827 65911350 0 65911350 0 65911350 PART V, LINE 4: FUNDS ARE HELD AND INVESTED BY THE FOUNDATION IN ORDER TO GENERATE INCOME USED TO SUPPORT THE EDUCATIONAL AND PROGRAM GOALS OF THE UNIVERSITY OF MARYLANDCOLLEGE PARK SCHEDULE PART X, LINE 2: THE FASB ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY OF INCOME TAX POSITIONS. THIS GUIDANCE DEFINES THE THRESHOLD FOR RECOGNIZING TAX RETURN POSITIONS IN THE FINANCIAL STATEMENTS AS "MORE LIKELY THAN NOT" THAT THE POSITION IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THIS GUIDANCE ALSO PROVIDES GUIDANCE ON THE MEASUREMENT, CLASSIFICATION AND DISCLOSURE OF TAX RETURN POSITIONS IN THE FINANCIAL STATEMENTS. NO ASSET OR LIABILITY HAS BEEN RECORDED AS OF JUNE 30, 2023 OR JUNE 30, 2022 FOR UNCERTAIN TAX POSITIONS. X X X X X X X 0 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 TERP CALL CENTER 0 0 235697 235697 235697 235697 AK AL AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS MT NC ND NH NJ NM NY OH OK OR PA RI SC TN UT WA WI WV 1 UNIVERSITY OF MARYLAND COLLEGE PARK 2119 MAIN ADMINISTRATION BLDG COLLEGE PARK MD 20742 526002033 170(C)(1) 50765232 0 FMV SCHOLARSHIPS/FELLOWSHIPS 1 PART I, LINE 2: THE UNIVERSITY OF MARYLAND COLLEGE PARK AWARDS SCHOLARSHIPS PER REVIEW BY SCHOLARSHIP COMMITTEE IN THE INDIVIDUAL SCHOOLS, COLLEGES AND THE OFFICE OF STUDENT FINANCIAL AID. THE COMMITTEES APPLY CRITERIA IN EACH GIFT AGREEMENT AND MAKE SCHOLARSHIP AWARD DECISIONS BASED ON THE QUALIFICATIONS OF THE CANDIDATE AND/OR FINANCIAL NEED. THE UNIVERSITY PAYS FOR THE AWARDS BASED ON THE AWARD LETTER. THE APPROPRIATE PAPERWORK IS THEN PROVIDED TO THE FOUNDATION TO PROCESS A REIMBURSEMENT TO THE UNIVERSITY FOR THE SCHOLARSHIP AWARDED. OTHER UNIVERSITY OF MARYLAND COLLEGE PARK EXPENSES (SALARY, BENEFITS, OPERATING EXPENSES, ETC.) ARE PAID THROUGH THE UNIVERSITY ACCOUNTING SYSTEM AND REIMBURSED BY THE FOUNDATION VIA OPEN SUBMISSION OF THE APPROPRIATE DOCUMENTATION. X 0 1 0 0 0 0 0 0 0 0 0 AMY EICHHORST SECRETARY 0 0 0 0 0 329109 0 18170 0 0 0 347279 0 0 CYNTHIA ALLEN VP/CFO/TREASURER 0 0 0 0 0 304084 0 2317 0 0 0 306401 0 0 MATTHEW HODGE PRESIDENT (TO JUNE '23) 0 0 0 0 0 263741 0 10820 0 0 0 274561 0 0 WINONA ROACH ASST CFO 0 0 0 0 0 170541 0 20603 0 0 0 191144 0 0 KEVIN PFISTER ASST. TREASURER 0 0 0 0 0 154762 0 22919 0 0 0 177681 0 0 PART I, LINE 1A THE PRESIDENT OF THE FOUNDATION IS PROVIDED A BUDGETED AMOUNT ANNUALLY TO USE FOR DISCRETIONARY EXPENSES RELATED TO FUNDRAISING AND GENERAL ADMINISTRATIION NOT COVERED BY BUDGETED FUNDS PART I LINE 1 THE FOUNDATION'S OFFICERS ARE EMPLOYEES OF THE UNIVERSITY OF MARYLAND COLLEGE PARK AND THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THEIR SALARY AND BENEFITS. PART I LINE 3 THE FOUNDATION PRESIDENT AND THE TOP OFFICER SALARIES ARE DETERMINED BY THE UNIVERSITIES HUMAN RESOURCES AS THE OFFICERS ARE UNIVERSITY EMPLOYEES AND THEREFORE FOLLOW PERSONNEL RULES OF THE STATE OF MARYLAND INCLUDING HIRING AND SALARY ESTABLISHMENT AND REVIEW. PART II LINE 3 MATTHEW HODGE WAS REPLACED AS PRESIDENT OF BY JAMES HARRIS ON 7/1/2023 X 560 17896930 0 1 0 PART I, COLUMN (B): PART I, LINE 9B REFLECTS THE NUMBER OF INDIVIDUAL SECURITY CONTRIBUTIONS RECEIVED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS TO REVIEW THE IRS FORM 990 IS AS FOLLOWS: THE FOUNDATION STAFF PREPARES THE TAX RETURN AND SUBMITS IT TO CYNTHIA ALLEN - FOUNDATION CFO AND AN OFFICER OF THE FOUNDATION. CYNTHIA ALLEN WILL THEN REVIEW AND APPROVE OF THE TAX RETURN. SHE WILL THEN SUBMIT IT TO THE BOARD OF DIRECTORS VIA A SECURE PORTAL FOR REVIEW FOR A WEEKS TIME AND ANY QUESTIONS ARE IMMEDIATELY ADDRESSES. AFTER ACCEPTANCE BY THE BOARD, THE TAX RETURN IS THEN SIGNED BY THE CFO AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING TRUSTEES, OFFICERS AND EMPLOYEES OF THE FOUNDATION TO ANNUALLY PREPARE A DISCLOSURE FORM. THESE FORMS ARE REVIEWED FOR ANY DISCLOSED CONFLICTS AND TRUSTEES MUST RECUSE THEMSELVES FROM ANY MATTERS THAT COME BEFORE THE BOARD THAT MAY REPRESENT A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION PRESIDENT AND TOP OFFICER SALARIES ARE DETERMINED BY THE UNIVERSITIES HUMAN RESOURCES AS THE OFFICERS ARE UNIVERSITY EMPLOYEES AND THEREFORE FOLLOW PERSONNEL RULES OF THE STATE OF MARYLAND INCLUDING HIRING AND SALARY ESTABLISHMENT AND REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PUBLISHING THESE DOCUMENTS TO THE ORGANIZATIONS' WEBSITE UMCPF.UMD.EDU TERRAPIN DEVELOPMENT CORPORATION LLC 4423 LEHIGH RD SITE 402 COLLEGE PARK MD 20740 821381093 REAL ESTATE MD 4084778 49893880 UNIVERSITY OF MARYLAND THE UNIVERSITY OF MARYLAND COLLEGE PARK 2119 MAIN ADMIN BILDG COLLEGE PARK MD 20742 526002033 EDUCATION MD 170(C)(1) N/A 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 THE UNIVERSITY OF MARYLAND COLLEGE PARK B 50765232 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK J 159054 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK O 1457394 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK P 10436437 FMV