Towson University Foundation
Towson University Foundation reported $16.2 million in revenue and $10.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.98 went to program services, $8.62 to management and general costs and $3.40 to fundraising. Its largest source of revenue was contributions and grants: 60.8% of the total. The highest compensation it reported for one person was $237,749 (VICE PRESIDENT/ CFO). 1 person received more than $100,000 in reportable compensation. Revenue rose 138% 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 $11MFor 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 $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.4% | 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 | 60.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $237,749 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.21% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 147.2 | 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 expenseScholarships and awards - Towson University Foundation is committed to providing students with the opportunity to obtain a liberal education - an education that helps students develop the ability to think critically; to be literate, informed and articulate; to honor diversity; to discuss and debate ideas and issues from multiple perspectives, and to be capable of taking on responsibility in an ever-changing world. To create those opportunities, many students need and deserve financial assistance. As of june 30, 2025, Towson University Foundation had 719 endowed scholarships and presents…
University support - to create an environment that is conducive to learning, institutions of higher learning must have proper facilities and faculty dedicated to teaching. Funds are made available for use by the university president, the vice presidents and the deans of the seven colleges to support areas where improvements are needed. We remain committed to our goal of helping the university attract, hire and retain faculty members who are leaders in their field of study, and who have demonstrated superior teaching skills. To keep them current on new developments in their field and teaching…
Athletic programs - the foundation solicits and manages funds in support of the university's aligned vision for athletics, which states "Towson University is committed to a financially stable, gender-equitable and competitive athletics program. The university will continue to support these goals by placing academics first. We will support opportunities for all towson students to participate in a range of sports activities and leadership opportunities that support physical well-being and personal excellence." the university currently fields 19 division I athletic teams (13 in women's sports, 6…
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 |
|---|---|---|---|---|
| VICE PRESIDENT/ CFO Key employee, 50.00 hrs/week | $221,677 | $0 | $16,072 | $237,749 |
1 people received more than $100,000 in reportable compensation from Towson University Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $222K (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 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 55
- Volunteers Part I, line 627
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ARAMARK EDUCATIONAL SERVICES Catering | $730,246 |
| ELEIKO SPORT INC Gym equipment | $393,559 |
| MARQUETTE ASSOCIATES INC Investment advisors | $147,286 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
24 private foundations reported grants to Towson University Foundation totaling $908K 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 Towson University 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 Towson University Foundation, you can publish a response that is linked from this page.
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Of every $100 Towson University Foundation spent in FY2025, $87.98 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Towson University Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Towson University Foundation reported that 88.0% of its $10.7 million in expenses went to program services, 8.6% to management and general and 3.4% to fundraising (Form 990, Part IX).
How much does Towson University Foundation pay its top executive?
The largest total compensation Towson University Foundation reported for one person in the fiscal year ending June 30, 2025 was $237,749, for the role of VICE PRESIDENT/ CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Towson University Foundation get its money?
Of $16.2 million in revenue in the fiscal year ending June 30, 2025, 60.8% came from contributions and grants and 0.6% from program service revenue (Form 990, Part VIII).
Is Towson University Foundation a registered charity?
The IRS lists EIN 52-0939453 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 202641349349309259 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540849349300334 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411299349300631 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301319349303840 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221309349303922 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121329349303022 · read the filing
All filings for EIN 52-0939453: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.