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Maryland · Nonprofit

UNIVERSITY OF MARYLAND FOUNDATION INC

UNIVERSITY OF MARYLAND FOUNDATION INC (Maryland) receives grants from 157 organizations whose IRS filings report $60,116,974 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($20,060,500). 83 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$76M
Funders on record
157
Grants received
$60M
Net assets
$592M
83/157 repeat funderspeak grant-dependency 42%
01What it does

What University of Maryland Foundation Inc does

Mission

The University System of Maryland Foundation, Inc promotes, galvanizes and supports the advancement of public higher education in Maryland through leadership and engagement in philanthropy, asset management, and stewardship. The Foundation supports the University System of Maryland's (USM) ability to broaden access to high-quality higher education, meet the workforce needs of the state and the nation, and conduct research that expands the boundaries of knowledge. The USM Foundation provides campaign and strategic fundraising leadership support and professional development opportunities to our institutions, centers, and their affiliated foundations. The Foundation's $2.09 billion in managed assets support student scholarships, endowed faculty chairs, university research, and academic programs. Along with asset management, the Foundation administers grants, gifts and payroll services.

As stated on its FY2025 Form 990.

Programs

  1. Higher 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

    $27,612,816 spentof which $21,121,008 as grants$6,961,485 earned by the program
    98% of program spending
  2. Educational Programs: Maintain the Wye Black Angus Herd used for research by the University of Maryland-College Park School of Agriculture

    $479,011 spent$621,447 earned by the program
    2% of program spending
  3. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $28,091,827.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($52M) Expenses 100 ($32M) Net assets 100 ($344M)2018 Revenue 89 ($46M) Expenses 99 ($31M) Net assets 106 ($365M)2019 Revenue 84 ($43M) Expenses 112 ($36M) Net assets 109 ($375M)2020 Revenue 119 ($62M) Expenses 107 ($34M) Net assets 110 ($380M)2021 Revenue 119 ($62M) Expenses 100 ($32M) Net assets 138 ($475M)2022 Revenue 187 ($97M) Expenses 115 ($36M) Net assets 146 ($502M)2023 Revenue 90 ($47M) Expenses 128 ($41M) Net assets 150 ($518M)2024 Revenue 148 ($77M) Expenses 136 ($43M) Net assets 165 ($568M)2025 Revenue 145 ($76M) Expenses 138 ($44M) Net assets 172 ($592M)
'17'18'19'20'21'22'23'24'25
Revenue (145)Expenses (138)Net assets (172)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 $1.6B to $2.1B (+28%).

$1.3B
$1.5B
$1.6B
$1.6B
$2.1B
$2.2B
$2.3B
$2.4B
$2.6B
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 0% · 2021 0% · 2022 0% · 2023 4% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

26% of UNIVERSITY OF MARYLAND FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (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 9 reported years ran a deficit.

$20M
’17
$15M
’18
$7.8M
’19
$28M
’20
$30M
’21
$61M
’22
$6.1M
’23
$34M
’24
$32M
’25
4.2
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

Leonard R Raley

Chief Executive Officer

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed575758605756565654
Joined·+8+9+8+2+8+4+15+1
No longer listed·886594153
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 41 funders to 52 funders, grant income rose $4.4M → $5.0M.

28 of 157 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% 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 UNIVERSITY OF MARYLAND FOUNDATION INC’s funders (the co-funder graph). Top 30 of 157 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

UNIVERSITY OF MARYLAND FOUNDATION INC has a broad base — no single funder exceeds 33% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

76% 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 UNIVERSITY OF MARYLAND FOUNDATION INC.

33%
largest funder
44%
top three
~8
effective funders

Largest funder’s share by year: 2017 29% · 2018 43% · 2019 17% · 2020 18% · 2021 76% · 2022 24% · 2023 20% — 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.

How long its funders stay

30% of UNIVERSITY OF MARYLAND FOUNDATION INC's funders are still giving 3 years after their first grant; 53% 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

54% of UNIVERSITY OF MARYLAND 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 $27M that is directly attributable, 63% of it comes from funders outside Maryland, across 22 states.

NH
WA
MN
IL
WI
MI
NY
MA
IN
PA
NJ
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. $33M arriving through sponsors registered in 14 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

UNIVERSITY OF MARYLAND FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,758 education nonprofits its size.

Operating margin42% · top quartile
Months of reserve4.2mo · above the median
Revenue growth (annualized)5% · below the median

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

Government funding UNIVERSITY OF MARYLAND FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $149k on record — $145k federal, $4k state.

Federal$145k
grants $0contracts $145k
17
18
24
Top agencies
  • Department of State$145k
State$4k
15
23
By state
  • OK$3k
  • DE$1k

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 UNIVERSITY OF MARYLAND 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

64% of spending goes to programs.

Program 64%Management 28%Fundraising 8%

Governance

41
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

66%

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

Footprint & structure

Files a return copy in 45 states

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
AR
TN
SC
DC
HI
OK
GA
TX

Part of a family of 1 related entity

  • USMF Corporation · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for UNIVERSITY OF MARYLAND 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 UNIVERSITY OF MARYLAND FOUNDATION INC?
UNIVERSITY OF MARYLAND FOUNDATION INC (Maryland) receives grants from 157 organizations whose IRS filings report $60,116,974 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($20,060,500). 83 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does UNIVERSITY OF MARYLAND FOUNDATION INC have?
IRS filings report 157 organizations giving $60,116,974 in grants to UNIVERSITY OF MARYLAND FOUNDATION INC, 83 of which have funded it in more than one year.
Who is the largest funder of UNIVERSITY OF MARYLAND FOUNDATION INC?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $20,060,500 in grants. The full list of funders is on this page.
How can an organization like UNIVERSITY OF MARYLAND 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 157 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