Overview
What is University Of Baltimore Foundation Inc?
The University of Baltimore Foundation Inc, located at 1130 N Charles Street, Baltimore, MD 21201, is a nonprofit organization committed to supporting the educational activities of the University of Baltimore. Established with the mission to raise, manage funds, and provide financial assistance, the foundation plays a crucial role in advancing the university's objectives. It accomplishes this by funding various initiatives, including scholarships, faculty support, and community outreach programs. With a team of five dedicated individuals, the University of Baltimore Foundation Inc works in tandem with the university's administration, offering guidance and leadership in upholding the institution's mission and vision.
Official website here: www.ubfoundation.org
What are the reviews and ratings of this charity?
**Rating: 100% (Four-Star out of Four Star Rating on Charity Navigator)**
The University of Baltimore Foundation Inc has achieved a remarkable four-star rating on Charity Navigator, indicating exceptional accountability and financial management. This rating reflects their commitment to transparency, with perfect scores in accountability measures, including having a fully independent board and strong financial oversight. Their program expense ratio also highlights that a significant portion of their funds goes directly towards their mission-related activities.
The foundation exhibits robust fiscal health, evident in a low liabilities-to-assets ratio and an impressive working capital ratio that indicates long-term sustainability. Their strong fundraising efficiency means that they are able to generate substantial program funding with minimal costs, further underscoring their organizational strengths.
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This AI summary has been generated from information found on Charity Navigator.
Is University Of Baltimore Foundation Inc legitimate?
University Of Baltimore Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Baltimore Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $93,301
Professional Fundraising Fees: $25,690
Other Salaries and Wages: $176,370
For more financial information, click here
Official website here: www.ubfoundation.org
What is the mission statement of University Of Baltimore Foundation Inc?
The University of Baltimore Foundation Inc was established with the primary objective of raising, managing funds, and providing financial support to the University of Baltimore. This foundation plays a crucial role in offering leadership, guidance, and support to the university's administration, helping to advance its mission and vision. All program service expenses and distributions under the foundation's purview contribute to the educational activities of the University of Baltimore. The foundation has supported various initiatives of the university, including scholarships, faculty support, and community outreach programs.
Official website here: www.ubfoundation.org
Who is the CEO of University Of Baltimore Foundation Inc?
Nina Yudell is the Chair of University Of Baltimore Foundation Inc.
Official website here: www.ubfoundation.org
What is the revenue of University Of Baltimore Foundation Inc?
University Of Baltimore Foundation Inc's revenue in 2022 was $10,538,320.
Official website here: www.ubfoundation.org
Who are the executives of University Of Baltimore Foundation Inc and what are their salaries?
The average compensation at University Of Baltimore Foundation Inc during 2022 was $53,934. There are 5 employees and 23 volunteers at University Of Baltimore Foundation Inc.
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Official website here: www.ubfoundation.org
Where can I find the form 990 for University Of Baltimore Foundation Inc?
University Of Baltimore Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ubfoundation.org
Learn more at the official website: www.ubfoundation.org
Mission Statement of University Of Baltimore Foundation Inc
The University of Baltimore Foundation Inc, with a primary objective, is established to raise and manage funds, and provide financial support to the University of Baltimore. In fulfilling this role, the foundation offers leadership, guidance, and assistance to the university's administration in advancing its mission and vision. The foundation's program service expenses and distributions are entirely dedicated to supporting the educational activities of the University of Baltimore. Through various initiatives, such as scholarships, faculty support, and community outreach programs, the University of Baltimore Foundation Inc contributes significantly to the university's growth and development.
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Impact
October, 2024
The University of Baltimore Foundation Inc plays a crucial role in enhancing the educational landscape at the University of Baltimore. By raising and managing funds, the Foundation ensures vital financial support for various initiatives, directly impacting students, faculty, and the broader community.
The Foundation focuses on providing scholarships that make higher education more accessible, enabling deserving students to pursue their academic goals without financial burdens. Additionally, it supports faculty through initiatives that enrich educational quality and foster academic excellence. The Foundation also invests in community outreach programs, bridging the gap between the university and the local community, thereby promoting engagement and creating opportunities for collaboration.
Through its activities, the Foundation not only supports the University of Baltimore's mission and vision but also contributes to a more educated and empowered community in Baltimore, fostering personal and professional development among students and enhancing the overall educational experience.
This information is meant to be a general summary of University Of Baltimore Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,935,514
- Program Service Revenue: $12,385
- Gross Receipts: $17,917,088
Assets and Liabilities:
- Total Assets: $88,619,542
- Total Liabilities: $1,208,324
- Net Assets: $87,411,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$12,385
Organization Details
Founding Year
1969
Phone
(410) 837-6170Principal Officer
Nina Yudell
Main Address
1130 N CHARLES STREET, BALTIMORE, MD, 21201
Website
www.ubfoundation.orgNTEE Category
Code: B110 - Education
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