2014-02-15T14:08:20-06:00 2013-06-30 341876254 CBIZ MHM LLC 28614 MARLBORO AVE SUITE 103 EASTON MD 21601 990 2012-07-01 521127396 SALISBURY UNIVERSITY FOUNDATION INC SALI 4105436392 P O BOX 2655 SALISBURY MD 21802 T GREG PRINCE 4105436392 2014-02-12 1 STEVE J OCHSE P00040847 4108226950 2012 2015-11-30 17:44:51Z T GREG PRINCE 1308 CAMDEN AVE SALISBURY MD 21801 15572474 0 X WWW.SALISBURY.EDU/FOUNDATION X 1973 MD TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. 35 35 148 0 48231 -10544 9212299 3181026 1018407 801863 1284632 2262432 57897 90627 11573235 6335948 2848821 891251 0 0 977967 810932 0 0 145917 2116469 2160977 5943257 3863160 5629978 2472788 55775281 62754793 4910912 5488641 50864369 57266152 X THE PURPOSE OF THE FOUNDATION IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. 0 0 403768 ATHLETIC AND RECREATION 879150 465954 DELMARVA PUBLIC RADIO 732282 732282 SCHOLARSHIPS 70374 NABB RESEARCH 596148 158969 335909 OTHER UNIVERSITY PROGRAMS 353121 HENSON SCHOOL OF SCIENCE 107631 PERDUE SCHOOL OF BUSINESS 1127274 158969 335909 3142474 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 1 148 0 1 1 0 0 0 0 1 1 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD AL AZ HI KY LA MN NH OH OK SC WA X LYNN ADKINS 4105436392 1308 CAMDEN AVENUE SALISBURY MD 21801 CAROL BAKER-JONES 1.00 X 0 0 0 CHARLIE CAPUTE 2.00 X X 0 0 0 DOUG CHURCH 1.00 X 0 0 0 BRUCE CORT 1.00 X 0 0 0 DR CAROLYN ELMORE 1.00 X 0 0 0 RICHARD A GIVENS II 2.00 X 0 0 0 MICHAEL GUERRIERI 2.00 X 0 0 0 DR PETER JACKSON 2.00 X 0 0 0 MELISSA JUDKINS 2.00 X X 0 0 0 AMY TILGHMAN MILLER 1.00 X X 0 0 0 ANNE MILLER 1.00 X 0 0 0 DAVID MOORE 1.00 X 0 0 0 ROBERT MOORE 2.00 X X 0 0 0 STEVE PAPPAS 1.00 X 0 0 0 JAMES PERDUE 1.00 X 0 0 0 BRUCE ROGERS 1.00 X 0 0 0 PETER ROSKOVICH 1.00 X 0 0 0 TONY SPOSATO 1.00 X 0 0 0 LEELAND TRICE 1.00 X 0 0 0 KATHRYN WASHBURN-NISKANEN 1.00 X 0 0 0 DONALD WHALEY 1.00 X 0 0 0 JOANNA ABERCROMBIE 1.00 X 0 0 0 KEVIN BERTSTEIN 1.00 X 0 0 0 ROBERT BROSMER 1.00 X 0 0 0 DR JANET DUDLEY-ESHBACH 1.00 X 0 0 0 MICHELE GARIGLIANO 1.00 X 0 0 0 HENRY HANNA 1.00 X 0 0 0 W RICHARD HOLLOWAY JR 1.00 X 0 0 0 DWIGHT W MARSHALL JR 1.00 X 0 0 0 TIMOTHY MILLER 1.00 X 0 0 0 PAUL PARKS 1.00 X 0 0 0 DR ROSENTHAL THOMAS 1.00 X 0 0 0 DR CHRISTOPHER SNYDER 1.00 X 0 0 0 THOMAS MICHELE 1.00 X 0 0 0 BENJAMIN WILLEY 1.00 X 0 0 0 0 0 0 0 0 0 0 NATIONAL PUBLIC RADIO P O BOX 79540 BALTIMORE MD 21279 RADIO PROGRAMMING 171852 1 40550 128116 3012360 3181026 QUALIFIED SPONSORSHIP PAYMENTS 515100 241032 241032 UNIVERSITY SUPPORT OF OPERATING 515100 223479 223479 ALL OTHER PROGRAM SERVICE REVENUE 900099 180356 180356 EVENT REGISTRATIONS 900099 87332 87332 MEMBERSHIP INCOME 900099 45890 45890 23774 23774 801863 1571784 1571784 71829 48231 75745 0 -3916 48231 44315 48231 -3916 9328588 8637940 690648 690648 690648 569153 40550 522841 46312 46312 6335948 801863 48231 2304828 X 20261 20261 870990 870990 24791 24791 786141 345666 332534 107941 24150 19845 4305 46875 8000 38875 140999 140999 68386 68256 130 72190 53061 9339 9790 59087 55592 1518 1977 24051 23932 119 128480 128325 155 84785 81794 1790 1201 5719 561 5158 3045 3045 18073 18073 17345 13782 3563 PROGRAMMING 269730 269730 EQUIPMENT AND SUPPLIES 239455 238904 551 MISCELLANEOUS 194688 194609 79 EVENT COSTS 187431 150957 11766 24708 576488 552300 23888 300 3863160 3142474 574769 145917 301557 357701 7395538 6218013 109636 138145 88123 76151 2557495 1293894 1289747 1263601 39905792 45712416 6684888 8988766 55775281 62754793 128576 209186 159117 188141 1875757 1893070 2730149 3215557 4910912 5488641 X 4185043 4836307 23103384 26563375 23575942 25866470 50864369 57266152 55775281 62754793 2472788 3928995 0 X X 0 1 X 1 0 X 4237357 8368638 2493579 2250499 3181026 20531099 4237357 8368638 2493579 2250499 3181026 20531099 684850 19846249 1423859 1001530 1116128 1356361 1643613 6541491 197946 37420 48231 283597 27356187 5724918 0.72550 0.44110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37792948 572209 5666690 553200 43478647 38546420 142991 -828046 68517 37792848 30508684 148947 7919351 30562 38546420 26206830 1320929 4206876 1225951 30508684 37098154 4727974 -3762155 741428 2983500 275190 34063855 0.06200 0.51250 0.42550 0 0 685696 685696 1492330 930848 561482 379469 363046 16423 1263601 MONEY MARKET FUNDS 372513 F COMMON STOCKS 447992 F MUTUAL FUNDS 44334534 F EXCHANGE TRADED PRODUCTS 557377 F 45712416 DONATED AND OTHER ASSETS 167852 ANNUITY TRUST INVESTMENT POOL 6828912 COSTS ADVANCED ON REAL ESTATE 1992002 8988766 ANNUITIES PAYABLE 3215557 3215557 10745611 3928996 598586 4527582 6218029 117919 117919 6335948 4343828 598586 598586 3745242 117918 117918 3863160 PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCURRED ON RENTAL INCOME EXPENSES INCURRED ON FUNDRAISING INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCURRED ON RENTAL INCOME EXPENSES INCURRED ON FUNDRAISING INCOME PART XII AND PART XIII, LINE 2D: AMOUNTS REPRESENT DIRECT RENTAL AND FUNDRAISING EVENT EXPENSES (FORM 990, PART VIII, LINES 6B AND 8B). THESE EXPENSES ARE SHOWN AS REDUCTIONS OF REVENUE ON FORM 990, BUT ARE INCLUDED WITH EXPENSES ON THE AUDITED FINANCIAL STATEMENTS. EXPENSES INCURRED ON RENTAL INCOME $ 75,745 EXPENSES INCURRED ON FUNDRAISING EVENT INCOME $522,841 TOTAL $598,586 ******************* PART V, LINE 4 THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS, AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. SEA GULL CENT. 556615 7000 549615 50823 4750 450692 GOLF CLASSIC 53088 33550 19538 16576 609703 40550 569153 50823 4750 467268 522841 46312 1 STUDENT SCHOLARSHIPS, SALISBURY UNIVERSITY 553 732282 BOOK FACULTY GRANTS, SALISBURY UNIVERSITY TRAVEL/CONFERENCE 39 29496 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHEDULE I, THE RECIPIENT MUST PROVIDE SUPPORTING DOCUMENTATION/RECEIPTS FOR THE PURPOSE FOR WHICH THEY WERE REWARDED THE GRANT. PURPOSE FOR WHICH THEY WERE REWARDED THE GRANT. X 14 11571 DONOR/APPRAISALS X 2 20190 DONOR/APPRAISALS X 3080 DONOR/APPRAISALS X 250 DONOR X 2 2926 DONOR X 1 3800 DONOR X OTHER-FOOD FOR RECEPTIONS 5 7511 DONOR X OTHER-SPORTS GAME TICKETS 5 2288 DONOR X OTHER-LODGING FOR SPORTS TEAMS 2 2000 DONOR X OTHER-MISCELLANEOUS 3 3984 DONOR 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: FOR 28 OTHER- MISCELLANEOUS - ATHLETIC TENTS, T-SHIRTS AND A UV UNIT FOR THE ART DEPARTMENT FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S EXECUTIVE DIRECTOR AND BOARD TREASURER REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO FILL OUT A FORM ANNUALLY DISCLOSING ANY CONFLICTS OF INTEREST. THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE ON A REGULAR BASIS. IF A SITUATION ARISES REGARDING A CONFLICT OF INTEREST, THE ORGANIZATION'S EXECUTIVE COMMITTEE WILL DISCUSS THE SITUATION AND MAKE A DECISION REGARDING THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO VIEW ON ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART IX, LINE 24E RECOGNITION: PROGRAM SERVICE EXPENSES 150,916. MANAGEMENT AND GENERAL EXPENSES 3,519. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 154,435. MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 95,885. MANAGEMENT AND GENERAL EXPENSES 1,077. FUNDRAISING EXPENSES 300. TOTAL EXPENSES 97,262. HONORARIUMS: PROGRAM SERVICE EXPENSES 88,595. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,595. GIFT IN KIND TRANSACTIONS: PROGRAM SERVICE EXPENSES 65,778. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,778. UNIFORMS: PROGRAM SERVICE EXPENSES 65,402. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,402. DUES SUBSCRIPTIONS AND FEES: PROGRAM SERVICE EXPENSES 29,361. MANAGEMENT AND GENERAL EXPENSES 19,092. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,453. TOWER OCCUPANCY: PROGRAM SERVICE EXPENSES 23,888. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,888. SPORTS OFFICIALS: PROGRAM SERVICE EXPENSES 17,806. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,806. PROGRAMS/OUTREACH: PROGRAM SERVICE EXPENSES 12,014. MANAGEMENT AND GENERAL EXPENSES 200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,214. FACULTY DEVELOPMENT: PROGRAM SERVICE EXPENSES 2,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,260. PUBLIC RELEATIONS: PROGRAM SERVICE EXPENSES 395. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 395. FORM 990, PART VI, SECTION A, LINE 11B THE ORGANIZATION'S EXECUTIVE DIRECTOR AND BOARD TREASURER REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990 PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO FILL OUT A FORM ANNUALLY DISCLOSING ANY CONFLICTS OF INTEREST. THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE ON A REGULAR BASIS. IF A SITUATION ARISES REGARDING A CONFLICT OF INTEREST, THE ORGANIZATION'S EXECUTIVE COMMITTEE WILL DISCUSS THE SITUATION AND MAKE A DECISION REGARDING THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO VIEW ON ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990 PART VI, SECTION B LINE 15A & 15B SALISBURY UNIVERSITY FOUNDATION, INC. IS AFFILIATED WITH A STATE OF MARYLAND INSTITUTION (SALISBURY UNIVERSITY), AND IT ABIDES BY THE STATE INSTITUTION'S STANDARD COMPENSATION SCHEDULES. THE FOUNDATION REIMBURSES SALISBURY UNIVERSITY FOR ALL PERSONNEL COSTS. FORM 990, SCHEDULE R, PART II, COLUMN (B) PRIMARY ACTIVITY OF SALISBURY UNIVERSITY REAL ESTATE FOUNDATION, INC. - TO PRODUCE FUNDS TO PROMOTE THE EDUCATIONAL, SCIENTIFIC & CHARITABLE PURPOSES OF SALISBURY UNIVERSITY. FORM 990, PART XI, LINE 5, OTHER CHANGES IN NET ASSETS UNREALIZED GAIN ON INVESTMENTS NOT REPORTED ON 990 $ 7,285,867 PRIOR PERIOD ADJUSTMENT TO REMOVE SCARBOROUGH LEADERSHIP CENTER FROM THE FOUNDATION'S PROPERTY AND EQUIPMENT (815,987) TOTAL OTHER CHANGES IN NET ASSETS $ 6,469,880 100 W COLLEGE AVE LLC P O BOX 2655 SALISBURY MD 21802 208045512 REAL ESTATE MD SUF INC ALLEN BATEMAN LLC P O BOX 2655 SALISBURY MD 21802 261337063 REAL ESTATE MD SUF INC SALISBURY UNIV REAL ESTATE FOUNDATION 1308 CAMDEN AVE SALISBURY MD 21801 522247526 SEE SCH 0 MD 501(C)(3) TYPE I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, SCHEDULE R, PART II, COLUMN (B) PRIMARY ACTIVITY OF SALISBURY UNIVERSITY REAL ESTATE FOUNDATION, INC. - TO PRODUCE FUNDS TO PROMOTE THE EDUCATIONAL, SCIENTIFIC & CHARITABLE PURPOSES OF SALISBURY UNIVERSITY.