Overview
What is University Of Maryland College Park Foundation Inc?
University of Maryland College Park Foundation Inc is a nonprofit organization located at 4603 Calvert Road, College Park, Maryland, 20740. Its primary mission is to support the academic programs of the University of Maryland College Park by managing and administering property and making expenditures for faculty and staff salaries, benefits, academic operating expenses, conferences, workshops, honorariums, equipment, and academic memberships. The Foundation exists to benefit the University by receiving, holding, investing, managing, using, disposing of, and administering various types of property and making necessary expenditures to further its mission, goals, and programs.
Official website here: www.umcpf.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator.
The University of Maryland College Park Foundation Inc has achieved a Four-Star out of Four Star rating, indicating a high level of financial health and accountability. The organization scored particularly well in areas such as independent board governance, financial oversight, and transparency, all of which are essential for building trust with donors and stakeholders.
User feedback highlights the foundation's successful initiatives, such as the "Throwback – Give Back" scholarship campaign, which encourages alumni to support current students by contributing to scholarships. This campaign not only raises funds but also fosters a sense of community and commitment among alumni, exemplifying the foundation's dedication to enhancing educational opportunities.
While the foundation enjoys a solid reputation for its financial practices and community engagement, continuous efforts to maintain transparency and encourage participation from alumni will be essential for its ongoing success. Overall, the foundation's strong accountability measures and positive user experiences reflect its important role in supporting the University of Maryland's mission.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is University Of Maryland College Park Foundation Inc legitimate?
University Of Maryland College Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maryland College Park 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: $0
Professional Fundraising Fees: $505,512
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.umcpf.org
What is the mission statement of University Of Maryland College Park Foundation Inc?
The University of Maryland College Park Foundation Inc is dedicated to managing and administering property to benefit the University of Maryland College Park. This includes making expenditures that support the university's mission, goals, and academic programs. The foundation receives, holds, invests, and manages various types of property to make expenditures for faculty and staff salaries and benefits, academic program operating expenses, conferences, workshops, honorariums, equipment, and academic memberships. By doing so, it contributes to the overall success and development of the academic programs at the University of Maryland College Park.
Official website here: www.umcpf.org
Who is the CEO of University Of Maryland College Park Foundation Inc?
Brodie Remington is the Principal Officer of University Of Maryland College Park Foundation Inc.
Official website here: www.umcpf.org
What is the revenue of University Of Maryland College Park Foundation Inc?
University Of Maryland College Park Foundation Inc's revenue in 2022 was $142,624,149.
Official website here: www.umcpf.org
Who are the executives of University Of Maryland College Park Foundation Inc and what are their salaries?
Here are 68 key members and their salaries:
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Official website here: www.umcpf.org
Where can I find the form 990 for University Of Maryland College Park Foundation Inc?
University Of Maryland College Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umcpf.org
Learn more at the official website: www.umcpf.org
Mission Statement of University Of Maryland College Park Foundation Inc
University of Maryland College Park Foundation Inc is a dedicated organization with a mission to support the University of Maryland College Park in various ways. This mission involves receiving, holding, investing, managing, using, disposing of, and administering property of all kinds. The ultimate goal is to make expenditures that benefit the university, contributing to its mission, goals, and programs.
In practical terms, the University of Maryland College Park Foundation Inc focuses on academic program support. This means making payments for faculty and staff salaries and benefits, as well as academic program operating expenses. The foundation also covers conference and workshop costs, honorariums, equipment acquisitions, and academic memberships. By providing financial assistance in these areas, the University of Maryland College Park Foundation Inc plays a crucial role in enhancing the academic experience and furthering the research initiatives of the university.
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Impact
October, 2024
The University of Maryland College Park Foundation Inc plays a crucial role in advancing the mission and goals of the University of Maryland College Park. By receiving, holding, and managing a diverse array of assets, the foundation ensures that the university has the necessary resources to enhance its academic programs and support its faculty and staff.
Financial support can be directed toward essential areas such as faculty and staff salaries, operating expenses, conferences, workshops, and equipment. This financial backing not only fosters a robust academic environment but also enables the continuous development of quality education and innovative research. By facilitating these expenditures, the foundation significantly impacts the overall educational experience of students and the professional growth of educators at the university.
Through its commitment to enhancing academic excellence, the foundation contributes to the university's position as a leader in higher education and ensures that it remains equipped to meet the evolving needs of its community and stakeholders.
This information is meant to be a general summary of University Of Maryland College Park 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: $56,439,242
- Program Service Revenue: $302,985
- Gross Receipts: $142,624,149
Assets and Liabilities:
- Total Assets: $895,447,523
- Total Liabilities: $9,206,162
- Net Assets: $886,241,361
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES AND SUITE PREMIUMS
Revenue
$258,748
EDUCATIONAL PROGRAMS
Revenue
$37,588
COURSES AND CONFERENCES
Revenue
$6,649
Organization Details
Founding Year
1999
Phone
(301) 405-5244Principal Officer
Brodie Remington
Main Address
4603 CALVERT ROAD, COLLEGE PARK, MD, 20740
Website
www.umcpf.orgNTEE Category
Code: B110 - Education
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