Maryland · Nonprofit
ULLICO FOUNDATION
ULLICO FOUNDATION (Maryland) receives grants from 2 organizations whose IRS filings report $56,000 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($50,000). 2 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $293k
- Funders on record
- 2
- Grants received
- $56k
- Net assets
- $1.7M
What Ullico Foundation does
Mission
100 of the Foundations total time, will be to provide undergraduate and graduate scholarships to students from underrepresented, economically disadvantaged or disadvantaged minority communities with a preference for students pursuing studies in insurance, actuarial/mathematical, business and finance and labor relations or labor history programs.
As stated on its FY2025 Form 990.
Programs
Scholarships were awarded to Grant recipients
$60,000 spentof which $60,000 as grants92% of program spendingOutside firm used to select and administer the grants
$5,145 spent8% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $65,145.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $627k to $1.7M (+167%).
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.
77% of ULLICO FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
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.
Who funds it, year by year
2022 → 2023: the base held at 2 funders, grant income rose $11k → $15k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 89% 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 ULLICO FOUNDATION’s funders (the co-funder graph). 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
ULLICO FOUNDATION leans on a few funders — its largest provides 89% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
89% 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 ULLICO FOUNDATION.
Largest funder’s share by year: 2022 91% · 2023 67% — diversifying over time.
“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.
Where its funders are
89% of ULLICO FOUNDATION'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 $6k that is directly attributable, 100% of it comes from funders outside Maryland, across 1 state.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state 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.
Against its field
ULLICO FOUNDATION holds deeper cash reserves than three-quarters of the 17,450 education nonprofits its size.
this organization peer median middle 50% of peers· 17,450 education nonprofits $100k–$1M, FY2025
Organizations like ULLICO FOUNDATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
25% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 34 states
Screen this organization
A dated, signed PDF of the compliance screen for ULLICO FOUNDATION: 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.
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 ULLICO FOUNDATION?
- ULLICO FOUNDATION (Maryland) receives grants from 2 organizations whose IRS filings report $56,000 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($50,000). 2 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ULLICO FOUNDATION have?
- IRS filings report 2 organizations giving $56,000 in grants to ULLICO FOUNDATION, 2 of which have funded it in more than one year.
- Who is the largest funder of ULLICO FOUNDATION?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like ULLICO FOUNDATION 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 2 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 22, 2026. What this page cannot tell you · view filing