2025-05-02T12:52:37-05:00 2024-06-30 990 2023-07-01 522197313 UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC UNIV 3014055244 4603 CALVERT ROAD COLLEGE PARK MD 20740 JEREMY KUGEL VP/CFO/TREASURER 3014055244 2025-04-29 1 2023 2025-03-06 01:10:19Z BRODIE REMINGTON 4603 CALVERT ROAD COLLEGE PARK MD 20740 165972434 0 X 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. 50 50 0 0 0 0 149576720 118453256 403005 429765 26458641 46685210 459461 404203 176897827 165972434 50765232 50015773 0 0 0 0 235697 326369 326369 14910421 14837848 65911350 65179990 110986477 100792444 1029869569 1179128414 5722397 26236442 1024147172 1152891972 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 17943450 16815541 37827 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. 13377728 12931096 41797 SCHOLARSHIP/FELLOWSHIP - TO PROVIDE SUPPORT FOR OUTRIGHT SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS AND FELLOWS SELECTED BY THE UNIVERSITY OF MARYLAND COLLEGE PARK 15669218 9489406 1732 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 6251323 5578049 264889 ATHLETICS - TO PROVIDE SUPPORT FOR THE OPERATION OF ATHLETIC PROGRAM AND ATHLETIC RELATED STUDENT-ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK. 2159612 2099855 33814 RESEARCH SUPPORT - TO PROVIDE SUPPORT FOR RESEARCH ACTIVITIES AND RESEARCH FACILITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK. 2020440 1650729 141 STUDENT SUPPORT - TO PROVIDE SUPPORT FOR STUDENTS AND STUDENT ACTIVITIES AT THE UNIVERSITY OF MARYLAND COLLEGE PARK. 3425280 1356745 49564 FACILITY - TO PROVIDE SUPPORT TO THE UPKEEP, REPAIR, AND CONSTRUCTION OF THE BUILDINGS AND GROUNDS OF THE UNIVERSITY OF MARYLAND COLLEGE PARK. 109624 94351 0 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. 13966279 10779729 348408 60956675 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 1 120 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 50 50 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 JEREMY KUGEL 3014055865 4603 CALVERT ROAD COLLEGE PARK MD 20740 JIM HARRIS PRESIDENT 4.00 40.00 X X 0 385528 18177 CRAIG THOMPSON BOARD CHAIR 1.00 X X 0 0 0 ARTHUR ADLER CHAIR, ADVOCACY AND GOVERNMENT RELATIONS 1.00 X X 0 0 0 JAMES CANTOR CHAIR, BUDGET, AUDIT AND INVESTMENT 1.00 X X 0 0 0 NICOLE POLLARD CHAIR, COMMITTEE ON TRUSTEES 1.00 X X 0 0 0 ALBERT CAREY CHAIR, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 DANIEL MILLMAN CHAIR, REAL ESTATE COMMITTEE 1.00 X X 0 0 0 NANCY CLARVIT CO-CHAIR, DEVELOPMENT COMMITTEE 1.00 X X 0 0 0 MICHAEL SCHWAB CO-CHAIR, DEVELOPMENT COMMITTEE 1.00 X X 0 0 0 ROSE COHEN AT LARGE, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MARLENE FELDMAN AT LARGE, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 CHRISTINE FISHER AT LARGE, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 PAUL MANDELL IMMEDIATE PAST PRESIDENT,CHAIR NOMINATING COMMITTE 1.00 X X 0 0 0 RUCHI MEHTA AT LARGE, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MURRAY ABRAMS ELECTED TRUSTEE 1.00 X 0 0 0 SHARON AKERS ELECTED TRUSTEE 1.00 X 0 0 0 CARLTON ARRENDELL ELECTED TRUSTEE 1.00 X 0 0 0 ALAN CASON ELECTED TRUSTEE 1.00 X 0 0 0 MARK CIARDI ELECTED TRUSTEE 1.00 X 0 0 0 JASON COHEN ELECTED TRUSTEE 1.00 X 0 0 0 CHARLES DAGGS ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD DAVIS ELECTED TRUSTEE 1.00 X 0 0 0 RYAN DEARBORN ELECTED TRUSTEE 1.00 X 0 0 0 AMY EISEN ELECTED TRUSTEE 1.00 X 0 0 0 LEONARD ELMORE ELECTED TRUSTEE 1.00 X 0 0 0 V RAYMOND FERRARA ELECTED TRUSTEE 1.00 X 0 0 0 ASHLEY FOXWORTH ELECTED TRUSTEE 1.00 X 0 0 0 ERIC FRANCIS ELECTED TRUSTEE 1.00 X 0 0 0 ELLEN GASKE ELECTED TRUSTEE 1.00 X 0 0 0 HARRY GELLER ELECTED TRUSTEE 1.00 X 0 0 0 BARRY GOSSETT ELECTED TRUSTEE 1.00 X 0 0 0 WILLIAM GREENBLATT ELECTED TRUSTEE 1.00 X 0 0 0 LISA HUNT ELECTED TRUSTEE 1.00 X 0 0 0 CHRISTOPHER JONES ELECTED TRUSTEE 1.00 X 0 0 0 GEORGETTE KISER ELECTED TRUSTEE 1.00 X 0 0 0 KAREN LEVENSON ELECTED TRUSTEE 1.00 X 0 0 0 MARK LEWIS ELECTED TRUSTEE 1.00 X 0 0 0 RANDALL LORD ELECTED TRUSTEE 1.00 X 0 0 0 MICHAEL LUZIO ELECTED TRUSTEE 1.00 X 0 0 0 TIMOTHY MALONEY ELECTED TRUSTEE 1.00 X 0 0 0 SINGLETON MCALLISTER ELECTED TRUSTEE 1.00 X 0 0 0 ALEXANDER MEHR ELECTED TRUSTEE 1.00 X 0 0 0 CATHERINE MERRILL ELECTED TRUSTEE 1.00 X 0 0 0 KEVIN PLANK ELECTED TRUSTEE 1.00 X 0 0 0 MARVIN RABOVSKY ELECTED TRUSTEE 1.00 X 0 0 0 NORMA RAMSEY ELECTED TRUSTEE 1.00 X 0 0 0 TIMOTHY REGAN ELECTED TRUSTEE 1.00 X 0 0 0 JAMES REYES ELECTED TRUSTEE 1.00 X 0 0 0 LAURA SCHEELER ELECTED TRUSTEE 1.00 X 0 0 0 JINGLI YANG ELECTED TRUSTEE 1.00 X 0 0 0 LAURA SCHEELER ELECTED TRUSTEE 1.00 X 0 0 0 GARY ATTMAN ADVISORY TRUSTEE 1.00 X 0 0 0 MICHAEL JOHNSON ADVISORY TRUSTEE 1.00 X 0 0 0 BRENDA REVER EMERITA TRUSTEE 1.00 X 0 0 0 ROBERT BEDINGFIELD EMERITUS TRUSTEE 1.00 X 0 0 0 JOHN BROPHY EMERITUS TRUSTEE 1.00 X 0 0 0 P DOUGLAS DOLLENBERG EMERITUS TRUSTEE 1.00 X 0 0 0 GORDON ENGLAND EMERITUS TRUSTEE 1.00 X 0 0 0 LOWELL GLAZER EMERITUS TRUSTEE 1.00 X 0 0 0 HARVEY SANDERS EMERITUS TRUSTEE 1.00 X 0 0 0 ROBERT SMITH EMERITUS TRUSTEE 1.00 X 0 0 0 PEDRO WASMER EMERITUS TRUSTEE 1.00 X 0 0 0 ROBERT FISCHELL HONORARY TRUSTEE 1.00 X 0 0 0 ALMA GILDENHORN HONORARY TRUSTEE 1.00 X 0 0 0 WILLIAM KIRWAN HONORARY TRUSTEE 1.00 X 0 0 0 GARY WILLIAMS HONORARY TRUSTEE 1.00 X 0 0 0 LAUREN NORRIS SECRETARY 8.00 40.00 X 0 169025 7975 WINONA ROACH ASST CFO 36.00 40.00 X 0 196614 1083 KEVIN PFISTER ASST TREASURER 36.00 40.00 X 0 167340 24580 AMY EICHHORST SECRETARY (TO FEB '24) 8.00 40.00 X 0 337979 20407 CYNTHIA ALLEN VP/CFO/TREASURER (TO SEPT '24) 12.00 40.00 X 0 311890 1719 0 1568376 73941 6 1 1 0 CLARK CONSTRUCTION LLC 7500 OLD GEORGETOWN ROAD BETHESDA MD 20814 CONSTRUCTION 10878719 GOOD TIDINGS CATERING 1150 SOUTH CAMPUS DRIVE COLLEGE PARK MD 20742 CATERING SERVICES 648980 CALSPAN SYSTEMS CORPORATION 703 CITY CENTER BLVD NEWPORT NEWS VA 23606 TECHNOLOGY DEVELOPMENT SERVICES 389671 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 COMPUTER SOFTWARE 374237 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PROFESSIONAL FUNDRAISING SERVICES 326369 5 49009 118404247 17453569 118453256 SALES AND SUITE PREMIUMS 390549 390549 EDUCATIONAL PROGRAMS 35391 35391 JOURNALISM NEWS SERVICE 3100 3100 COURSES AND CONFERENCES 725 725 429765 16800753 16800753 163844 0 163844 163844 163844 29884457 0 29884457 29884457 29884457 NON-GIFT REVENUE 240359 240359 240359 165972434 429765 0 47089413 50015773 50015773 64654 2363 62291 117002 117002 326369 326369 4742119 3845964 896155 2905061 2720231 184830 1290421 1264519 25902 480926 407485 73441 138788 100389 38399 423581 395329 28252 199101 67771 131330 25361 25361 106354 35693 70661 REIMBURSEMENT TO UMCP 1863150 1863150 REPAIR/RENOVATION BLDG 848973 838689 10284 BANK AND CREDIT CARD FE 358502 358502 EDUCATIONAL PROGRAMS 348768 348768 925087 913701 11386 65179990 60956675 3896946 326369 -1 4 51659384 58225057 135374863 112295763 6456665 6363791 43160357 30348744 1300868 12811613 100759398 137130108 684424512 796338476 49893880 55963602 1029869569 1179128414 3174427 23604476 648993 523188 1898977 2108778 5722397 26236442 X 38314025 44722112 985833147 1108169860 1024147172 1152891972 1029869569 1179128414 100792444 27952356 0 X 0 X 1 X 1 0 X 75941914 83293336 85486467 149576720 118453255 512751692 75941914 83293336 85486467 149576720 118453255 512751692 512751692 30589509 24502154 56439242 26458641 46685209 184674755 697426447 0.73520 0.76530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X STATUE DONATED BY ARTIST 0 0 731348000 78047000 60184989 19446000 8673989 841460000 675897000 52345000 31118424 19422000 8590424 731348000 656819000 30737000 10629000 14901000 7387000 675897000 503956000 47913000 121077000 10262000 5865000 656819000 491704000 26221000 2296000 10761000 5504000 503956000 0.98000 0.02000 0 1 1 12300 12300 31511951 30348744 1163207 11636106 11636106 12811613 ENDOWMENT INVESTMENT POOL 791864526 C CGA/CRUT INVESTMENT POOL 4473950 C 796338476 ANNUITIES PAYABLE 2108778 2108778 X 193924790 27952356 27952356 165972434 0 165972434 65179990 0 65179990 0 65179990 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 MARYLAND COLLEGE PARK 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, 2024 OR JUNE 30, 2023 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 326369 -326369 326369 -326369 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) 50015773 0 FMV SCHOLARSHIPS/FELLOWSHIPS 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 JIM HARRIS PRESIDENT 0 0 0 0 0 385528 0 18177 0 0 0 403705 0 0 AMY EICHHORST SECRETARY (TO FEB '24) 0 0 0 0 0 337979 0 20407 0 0 0 358386 0 0 CYNTHIA ALLEN VP/CFO/TREASURER (TO SEPT '24) 0 0 0 0 0 311890 0 1719 0 0 0 313609 0 0 WINONA ROACH ASST CFO 0 0 0 0 0 196614 0 1083 0 0 0 197697 0 0 KEVIN PFISTER ASST TREASURER 0 0 0 0 0 167340 0 24580 0 0 0 191920 0 0 LAUREN NORRIS SECRETARY 0 0 0 0 0 169025 0 7975 0 0 0 177000 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 UNIVERSITY'S 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 1 CYNTHIA ALLEN WAS REPLACED AS VP/CFO/TREASURER OF THE FOUNDATION BY JEREMY KUGEL ON 9/30/24 PART II LINE 4 AMY EICHHORST WAS REPLACED AS SECRETARY OF THE FOUNDATION BY LAUREN NORRIS ON 2/12/2024 X 576 17453568 0 1 0 PART I LINE B PART I, LINE 12 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 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 50015773 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK J 163844 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK O 1863150 FMV THE UNIVERSITY OF MARYLAND COLLEGE PARK P 8913908 FMV