2013-02-14T12:22:38-06:00 2012-06-30 341876254 CBIZ MHM LLC 28614 MARLBORO AVE SUITE 103 EASTON MD 21601 990 2011-07-01 521127396 SALISBURY UNIVERSITY FOUNDATION INC SALI 4105436392 P O BOX 2655 SALISBURY MD 21802 T GREG PRINCE 4105436392 2013-02-08 1 STEVE J OCHSE P00040847 4108226950 2011 2016-02-25 16:41:14Z T GREG PRINCE 1308 CAMDEN AVE SALISBURY MD 21801 17631530 0 X WWW.SALISBURY.EDU/FOUNDATION X 1973 MD TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. 32 32 0 0 37420 -16840 2493579 9212299 856396 1005804 1030380 1000320 237129 92337 4617484 11310760 4662652 2905409 0 0 998643 977967 0 0 155387 1925308 2082787 7586603 5966163 -2969119 5344597 52432740 55775281 5192420 4910912 47240320 50864369 X THE PURPOSE OF THE FOUNDATION IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. 0 0 2104125 2000000 PERDUE SCHOOL OF BUSINESS 952951 565885 DELMARVA PUBLIC RADIO 671346 671346 SCHOLARSHIPS 381791 ATHLETIC AND RECREATION 287024 HENSON SCHOOL OF SCIENCE 36192 NABB RESEARCH 98104 FULTON SCHOOL OF ARTS 45661 SALISBURY SYMPHONY 702234 29990 439919 OTHER UNIVERSITY PROGRAMS 1551006 29990 439919 5279428 1 1 0 0 0 0 0 0 0 1 1 0 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 0 1 146 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 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 DEBBIE ABBOTT 1.00 X 0 0 0 JOANNA ABERCROMBIE 1.00 X 0 0 0 CAROL BAKER-JONES 1.00 X 0 0 0 KEVIN BERNSTEIN 1.00 X 0 0 0 DR ROBERT BROSMER 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 MICHELE GARIGLIANO 1.00 X 0 0 0 RICK GIVENS 2.00 X 0 0 0 MICHAEL GUERRIERI 1.00 X 0 0 0 RICK HOLLOWAY 1.00 X 0 0 0 DR PETER JACKSON 1.00 X 0 0 0 MELISSA JUDKINS 2.00 X X 0 0 0 DUKE MARSHALL 1.00 X 0 0 0 AMY TILGHMAN MILLER 2.00 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 EMILIE ROBINSON 1.00 X 0 0 0 D BRUCE ROGERS 1.00 X 0 0 0 DR TOM ROSENTHAL 1.00 X 0 0 0 PETE ROSKOVICH 1.00 X 0 0 0 DR CHRIS SNYDER 1.00 X 0 0 0 TONY SPOSATO 1.00 X 0 0 0 DR ROSEMARY THOMAS 10.00 X X 0 48533 0 LEE TRICE 2.00 X X 0 0 0 KATHRYN WASHBURN-NISKANEN 1.00 X 0 0 0 DONALD WHALEY 1.00 X 0 0 0 BEN WILLEY 1.00 X 0 0 0 0 48533 0 0 0 0 0 NATIONAL PUBLIC RADIO P O BOX 79540 BALTIMORE MD 21279 RADIO PROGRAMMING 242851 1 43146 133907 9035246 133624 9212299 QUALIFIED SPONSORSHIP 515100 291977 291977 UNIVERSITY SUPPORT OF 515100 240830 240830 OTHER INCOME 900009 208923 208923 EVENT REGISTRATIONS 900099 95235 95235 FUNDRAISING INCOME 900099 47175 47175 121664 121664 1005804 1284632 1284632 71729 37420 76901 0 -5172 37420 32248 37420 -5172 5439206 5723518 -284312 -284312 -284312 580440 43146 520351 60089 60089 11310760 1005804 37420 1055237 2056588 2056588 848821 848821 977967 557818 303251 116898 33275 27251 6024 40600 7705 32895 114204 114204 78291 77589 702 83953 55678 12222 16053 23397 18896 2490 2011 23533 23414 119 120213 120213 98974 97757 1195 22 9232 3272 5960 3436 3436 27473 27473 31145 24963 6182 RADIO STATION PROGRAMMI 300394 300394 EQUIPMENT AND SUPPLIES 245836 245373 463 EVENT COSTS 200261 168319 11539 20403 RECOGNITION 121450 108886 12564 527120 505582 21538 5966163 5279428 531348 155387 617184 301557 2309857 7395538 493556 109636 98179 88123 2531030 1241283 1338571 1289747 40642619 39905792 6932774 6684888 52432740 55775281 113737 128576 162718 159117 1909998 1893070 3005967 2730149 5192420 4910912 X 3967932 4185043 19838984 23103384 23433404 23575942 47240320 50864369 52432740 55775281 X 5344597 -1720548 X 0 1 1 X 0 X 2726014 4237357 8368638 2493579 2250499 20076087 2726014 4237357 8368638 2493579 2250499 20076087 856690 19219397 1230654 1423859 1001530 1116128 1356361 6128532 327511 197946 982500 1454867 1629390 4592214 30796833 5056627 0.62410 0.44110 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: OTHER INCOME CONSISTS OF PROGRAM SERVICE REVENUE, FUNDRAISING EVENTS, UNDERWRITING AND MISCELLANEOUS INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38546420 142991 -828046 68517 37792848 30508684 148947 7919351 30562 38546420 26206830 1320929 4206876 1225951 30508684 37098154 4727974 -3762155 741428 2983500 275190 34063855 0.06170 0.57630 0.36210 0 0 685696 685696 1465866 882401 583465 379468 358882 20586 1289747 DONATED AND OTHER ASSETS 167852 ANNUITY TRUST INVESTMENT POOL 4526851 COSTS ADVANCED ON REAL ESTATE 1990185 6684888 ANNUITIES PAYABLE 2730149 2730149 11310760 5966163 5344597 -1720548 -1720548 3624049 10086780 -1720548 597252 -1123296 11210076 100684 100684 11310760 6462731 597252 597252 5865479 100684 100684 5966163 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO ENTRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARHSIPS OF SALISBURY UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE FOUNDATION IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE FOUNDATION HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE FOUNDATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE FOUNDATION'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. 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. SEA GULL CENTURY BIKE RIDE 576988 9150 567838 44528 4000 459711 GOLF CLASSIC 46598 33996 12602 2587 9525 623586 43146 580440 47115 4000 469236 520351 60089 1 SALISBURY UNIVERSITY 1101 CAMDEN AVE SALISBURY MD 21801 526002033 2000000 CONSTRUCTION OF THE PERDUE SCHOOL OF BUSINESS STUDENT SCHOLARSHIPS, SALISBURY UNIVERSITY 626 671346 BOOK FOUNDATION GRANTS FOR TRAVEL/CONFERENCES 41 29990 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE RECIPIENT MUST PROVIDE SUPPORTING DOCUMENTATION/RECEIPTS FOR THE PURPOSE FOR WHICH THEY WERE REWARDED THE GRANT. X 29 35056 DONOR SUPPLIED X 3 7892 DONOR SUPPLIED X 9525 DONOR/APPRAISALS X 1 156 DONOR SUPPLIED X 3 56964 AVG HI/LO MKT PRICE X 28 8731 DONOR SUPPLIED X 1 228 DONOR SUPPLIED X FOOD FOR RECEPTIONS 6 2710 DONOR SUPPLIED X SPORTS GAME TICKETS 10 6134 DONOR SUPPLIED X LODGING FOR SPORTS TEAMS 2 6228 DONOR SUPPLIED 0 0 1 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,720,548. COMPENSATION FORM 990, PART VI, SECTION B, LINES 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. 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 PART VII 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 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.