University of Maryland Foundation
Also known as University System of Maryland Foundation Inc
University of Maryland Foundation reported $75.5 million in revenue and $44.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $63.91 went to program services, $28.11 to management and general costs and $7.98 to fundraising. Its largest source of revenue was investment income: 64.1% of the total. The highest compensation it reported for one person was $1,479,714 (CIO). 16 people received more than $100,000 in reportable compensation. Revenue rose 22% 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 $44MFor 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 $76MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 63.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 28.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.18 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 25.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,479,714 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.37% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 16 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 161.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 41 of 41 | 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 expenseHigher Education: Support the academic programs of the University System of Maryland institutions through payments for salaries and benefits, equipment, scholarships, conferences, workshops, services, academic memberships, research activities and other expenses
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 |
|---|---|---|---|---|
| CIO Key employee, 40 hrs/week | $1,433,854 | $0 | $45,860 | $1,479,714 |
| Senior Sustainability & Public Markets Analyst Highest compensated employee, 40 hrs/week | $448,798 | $0 | $43,462 | $492,260 |
| Senior Investment Analyst Highest compensated employee, 40 hrs/week | $451,694 | $0 | $34,903 | $486,597 |
| Chief Financial Officer/COO Officer, 40 hrs/week | $438,112 | $0 | $46,345 | $484,457 |
| Chief Executive Officer Officer, 40 hrs/week | $421,486 | $0 | $49,890 | $471,376 |
| Director of Private Markets Highest compensated employee, 40 hrs/week | $356,768 | $0 | $28,400 | $385,168 |
| Director of Business Operations Highest compensated employee, 40 hrs/week | $214,087 | $0 | $33,687 | $247,774 |
| Director of Accounting Highest compensated employee, 40 hrs/week | $191,705 | $0 | $19,109 | $210,814 |
16 people received more than $100,000 in reportable compensation from University of Maryland Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (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–1b41 · 41 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 2Yes
- 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 14bYes
- Employees Part I, line 540
- Volunteers Part I, line 6200
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| TCI Investment Manager | $4,620,456 |
| Chatham Asset Investment Manager | $3,793,673 |
| Blue Owl Investment Manager | $2,000,020 |
Individuals listed as contractors are left out. 72 contractors were paid more than $100,000 in all.
Private foundation grants it received
24 private foundations reported grants to University of Maryland Foundation totaling $850K 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 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 Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 University of Maryland Foundation spent in FY2025, $63.91 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Lifelong Learning Administration CorporationLancaster, CA · revenue $75M · programs 84.3% · FY2025
- Mount Saint Mary CollegeNewburgh, NY · revenue $76M · programs 87.1% · FY2025
- Americans for Ben-Gurion UniversityNew York, NY · revenue $75M · programs 85.8% · FY2025
- University of Vermont and State Agricultural College FoundationBurlington, VT · revenue $76M · programs 69.0% · FY2025
- Alliance for Choice in EducationGreenwood Village, CO · revenue $75M · programs 88.1% · FY2025
Questions people ask
How much of University of Maryland Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, University of Maryland Foundation reported that 63.9% of its $44.0 million in expenses went to program services, 28.1% to management and general and 8.0% to fundraising (Form 990, Part IX).
How much does University of Maryland Foundation pay its top executive?
The largest total compensation University of Maryland Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,479,714, for the role of CIO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Maryland Foundation get its money?
Of $75.5 million in revenue in the fiscal year ending June 30, 2025, 25.8% came from contributions and grants and 1.2% from program service revenue (Form 990, Part VIII).
Is University of Maryland Foundation a registered charity?
The IRS lists EIN 52-1125663 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 202631349349308193 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349304708 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349301763 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349308033 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241319349305099 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349304044 · read the filing
All filings for EIN 52-1125663: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.