University of Maryland Baltimore Foundation
Also known as Umbf Inc. Umb Foundation
University of Maryland Baltimore Foundation reported $77.0 million in revenue and $41.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.82 went to program services, $14.53 to management and general costs and $1.65 to fundraising. Its largest source of revenue was investment income: 51.7% of the total. The highest compensation it reported for one person was $730,869 (PRESIDENT/CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 70% 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 $42MFor 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 $77M- Contributions & grants (non-government)$48.23 $37M
- Program service revenue$0.11 $84,025
- Investment income$51.66 $40M
Other revenue was negative: −$43,853. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 48.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $730,869 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.74% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 4 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 150.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 27 of 27 | 100.0% |
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 expenseChartered in 1807 as the first public medical school in the united states, the University of Maryland school of medicine (umsom) is into its third century. It continues today as one of the fastest growing, top-tier biomedical research enterprises in the world - with 25 departments, 5 institutes and 10 research centers and a workforce of more than 7,500. More than 1,200 medical students, graduate students, and research trainees are educated at umsom every year. In partnership with the University of Maryland medical center, we provide residency and fellowship training in more than 30…
The umb foundation supports academic programs and clinical and research activities in the University of Maryland francis king carey school of law (maryland carey law). Established in 1816, maryland carey law began regular instruction in 1824. It is the third oldest law school in the nation. The innovative academic and specialty programs have garnered national and international recognition. The maryland carey law's experiential programs are among the most extensive in the country, including the nationally ranked clinical law program, which offers more than 75,000 hours of free legal services…
The University of Maryland School of Nursing (UMSON) was founded in 1889 and is one of the oldest and largest nursing schools in the nation. The mission of the School is to shape the profession of nursing by developing leaders in nursing education, research, and practice through excellent baccalaureate, graduate, and continuing education programs; cutting-edge science and research; and an innovative clinical enterprise. With an average annual enrollment of more than 2,000 students, UMSON is the largest nursing school in Maryland. Ninety-one percent of UMSON's 171 faculty members hold doctoral…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 20.0 hrs/week | $583,125 | $0 | $147,744 | $730,869 |
| SENIOR VP Officer, 40.0 hrs/week | $350,200 | $0 | $52,375 | $402,575 |
| TREASURER & COO Officer, 40.0 hrs/week | $302,187 | $0 | $91,660 | $393,847 |
| ASST. TREASURER Officer, 40.0 hrs/week | $174,199 | $0 | $28,327 | $202,526 |
4 people received more than $100,000 in reportable compensation from University of Maryland Baltimore Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $942K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b27 · 27 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 15aNo
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PACE ANALYTICAL LIFE SCIENCES LLC Laboratory testing services | $527,862 |
| MARRAVE STRATEGIES LLC Consulting services | $292,500 |
| IDFIVE LLC Website design & dev | $216,170 |
| ZEFFERT & GOLD CATERING AND EVENT PLANNING Catering services | $214,539 |
| PRICE MODERN INC Office design services | $202,050 |
Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.
Private foundation grants it received
29 private foundations reported grants to University of Maryland Baltimore Foundation totaling $2.3M 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 Maryland 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 Maryland Baltimore Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 University of Maryland Baltimore Foundation spent in FY2025, $83.82 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Wartburg CollegeWaverly, IA · revenue $77M · programs 77.5% · FY2025
- First BookWashington, DC · revenue $77M · programs 93.5% · 2025
- The Bolles SchoolJacksonville, FL · revenue $77M · programs 81.7% · FY2025
- IDEA FloridaTampa, FL · revenue $77M · programs 93.6% · FY2025
- Packer Collegiate InstituteBrooklyn, NY · revenue $77M · programs 81.7% · FY2025
Questions people ask
How much of University of Maryland Baltimore Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, University of Maryland Baltimore Foundation reported that 83.8% of its $41.9 million in expenses went to program services, 14.5% to management and general and 1.7% to fundraising (Form 990, Part IX).
How much does University of Maryland Baltimore Foundation pay its top executive?
The largest total compensation University of Maryland Baltimore Foundation reported for one person in the fiscal year ending June 30, 2025 was $730,869, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Maryland Baltimore Foundation get its money?
Of $77.0 million in revenue in the fiscal year ending June 30, 2025, 48.3% came from contributions and grants and 0.1% from program service revenue (Form 990, Part VIII).
Is University of Maryland Baltimore Foundation a registered charity?
The IRS lists EIN 31-1678679 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202631279349301888 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349311035 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441229349301614 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341289349302334 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211329349303906 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111239349302356 · read the filing
All filings for EIN 31-1678679: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.