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University of Baltimore Foundation

Baltimore, MD · EIN 23-7036780 · 501(c)(3) · Organization operated for a governmental college or university
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

University of Baltimore Foundation reported $14.6 million in revenue and $7.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.24 went to program services, $14.00 to management and general costs and $3.76 to fundraising. Its largest source of revenue was contributions and grants: 54.6% of the total. The highest compensation it reported for one person was $164,979 (CFO). 1 person received more than $100,000 in reportable compensation. Revenue rose 61% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $7.6M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
82.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
54.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$164,979$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.16%1.28%
People paid over $100,000
Part VII, line 2
18
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
180.313.3
Independent voting board members
Part VI 1a–1b
14 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.3M expenses · 100.0% of program spending · revenue $38,155

All program service expenses and distributions support the educational activities of the University of Baltimore. The foundation supported initiatives of the university such as scholarships, faculty support, and community outreach programs

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CFO
Officer, 40.00 hrs/week
$153,400$0$11,579$164,979

1 people received more than $100,000 in reportable compensation from University of Baltimore Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $165K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$15M$7.6M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$15M$7.6M82.2%$115M$164,979
FY2024 ⓘ$12M$6.1M79.9%$106M$79,373
FY2023 ⓘ$8.3M$5.7M77.1%$94M$98,862
FY2022 ⓘ$11M$5.1M78.4%$87M$140,110
FY2021 ⓘ$13M$4.5M80.4%$93M$139,088
FY2020 ⓘ$9.1M$4.2M75.4%$72M$135,014

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 54
  • Volunteers Part I, line 621

Private foundation grants it received

18 private foundations reported grants to University of Baltimore Foundation totaling $781K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from University of Baltimore Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Baltimore Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maryland

Questions people ask

How much of University of Baltimore Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, University of Baltimore Foundation reported that 82.2% of its $7.6 million in expenses went to program services, 14.0% to management and general and 3.8% to fundraising (Form 990, Part IX).

How much does University of Baltimore Foundation pay its top executive?

The largest total compensation University of Baltimore Foundation reported for one person in the fiscal year ending June 30, 2025 was $164,979, for the role of CFO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of Baltimore Foundation get its money?

Of $14.6 million in revenue in the fiscal year ending June 30, 2025, 54.6% came from contributions and grants (including 0.7% from government grants) and 0.2% from program service revenue (Form 990, Part VIII).

Is University of Baltimore Foundation a registered charity?

The IRS lists EIN 23-7036780 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202503539349301505 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433559349301128 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400469349300140 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330559349300338 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113509349300206 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033459349301308 · read the filing

All filings for EIN 23-7036780: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.