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Maryland · Nonprofit

THE MORGAN STATE UNIVERSITY FOUNDATION INC

THE MORGAN STATE UNIVERSITY FOUNDATION INC (Maryland) receives grants from 118 organizations whose IRS filings report $75,729,423 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($41,004,000). 65 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$18M
Funders on record
118
Grants received
$76M
Net assets
$169M
65/118 repeat funderspeak grant-dependency 48%
01What it does

What The Morgan State University Foundation Inc does

Mission

Morgan state university foundation, inc. Is a separately incorporated nonprofitorganized for the purpose of promoting the growth, progress, and general welfare of morgan stateuniversity. The foundation was established in 1971 as a 501c3 not-for-profit corporation to advancethe university's mission of teaching, research, and community outreach by raising and managingprivate funds for scholarships, faculty, research, facilities, and academic programs. The foundationreceipts, records, and distributes gifts and grants from private (non-governmental) sources, such asalumni, parents, friends, corporations, and foundations. Gifts made through the foundation are taxdeductible to the full extent provided by law and are distributed in accordance with donor intentions.the foundation addresses the needs of the university community in areas where government fundingis limited or unavailable. It is through the foundation that morgan state university seeks to identifyand maintain private supporters wh

As stated on its FY2025 Form 990.

Programs

  1. To provide grants and scholarship assistance to students attending morgan state university

    $14,638,146 spentof which $5,702,462 as grants
    98% of program spending
  2. To provide financial support for morgan state university students and programs

    $301,043 spentof which $117,275 as grants
    2% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,939,189.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($12M) Expenses 100 ($7.8M) Net assets 100 ($43M)2019 Revenue 151 ($17M) Expenses 106 ($8.3M) Net assets 121 ($53M)2020 Revenue 89 ($10M) Expenses 133 ($10M) Net assets 121 ($53M)2021 Revenue 803 ($93M) Expenses 110 ($8.6M) Net assets 316 ($137M)2022 Revenue 126 ($15M) Expenses 136 ($11M) Net assets 325 ($141M)2023 Revenue 244 ($28M) Expenses 196 ($15M) Net assets 354 ($154M)2024 Revenue 236 ($27M) Expenses 207 ($16M) Net assets 380 ($165M)2025 Revenue 154 ($18M) Expenses 209 ($16M) Net assets 389 ($169M)
'18'19'20'21'22'23'24'25
Revenue (154)Expenses (209)Net assets (389)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $53M to $138M (+161%).

$44M
$53M
$53M
$138M
$141M
$156M
$166M
$170M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

94% of THE MORGAN STATE UNIVERSITY FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$3.8M
’18
$9.2M
’19
$21k
’20
$84M
’21
$3.9M
’22
$13M
’23
$11M
’24
$1.5M
’25
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ms Endia Decordova Nv

(ex officio) executive director msu foundation, in

Board chair

Mr Joseph S Simms Iii

Chairman

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed1717171815171615
Joined·+3+4+3+3+5+2+13
No longer listed·34263314
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 23 funders to 50 funders, grant income rose $1.7M → $5.3M.

28 of 118 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE MORGAN STATE UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 118 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE MORGAN STATE UNIVERSITY FOUNDATION INC leans on a few funders — its largest provides 54% of grant income and the top three 70%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE MORGAN STATE UNIVERSITY FOUNDATION INC.

54%
largest funder
70%
top three
~3
effective funders

Largest funder’s share by year: 2017 32% · 2018 36% · 2019 59% · 2020 26% · 2021 90% · 2022 23% · 2023 31% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of THE MORGAN STATE UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

63% of THE MORGAN STATE UNIVERSITY FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $28M that is directly attributable, 62% of it comes from funders outside Maryland, across 24 states.

WA
MN
IL
MI
NY
MA
OR
NV
IN
OH
PA
NJ
CT
CA
MO
VA
MD
DE
AZ
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $48M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE MORGAN STATE UNIVERSITY FOUNDATION INC holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin8% · above the median
Months of reserve12.9mo · top quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding THE MORGAN STATE UNIVERSITY FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.1M on record — $2.1M federal, $4.0M state.

Federal$2.1M
grants $2.1Mcontracts $0
20
21
22
23
24
25
Top agencies
  • Small Business Administration$2.1M
State$4.0M
21
22
23
24
Top programs
  • Grant$4.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE MORGAN STATE UNIVERSITY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Part of a family of 1 related entity

  • Morgan State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE MORGAN STATE UNIVERSITY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE MORGAN STATE UNIVERSITY FOUNDATION INC?
THE MORGAN STATE UNIVERSITY FOUNDATION INC (Maryland) receives grants from 118 organizations whose IRS filings report $75,729,423 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($41,004,000). 65 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE MORGAN STATE UNIVERSITY FOUNDATION INC have?
IRS filings report 118 organizations giving $75,729,423 in grants to THE MORGAN STATE UNIVERSITY FOUNDATION INC, 65 of which have funded it in more than one year.
Who is the largest funder of THE MORGAN STATE UNIVERSITY FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $41,004,000 in grants. The full list of funders is on this page.
How can an organization like THE MORGAN STATE UNIVERSITY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Morgan State University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 118 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing