Towson University Foundation Inc
Towson University Foundation, inc. Is organized to receive, hold, invest, manage, use, dispose of and administer property of all kinds whether given absolutely, in trust or by way of agency or otherwise for the benefit and promotion of towson university or for all of the education and support activities that may be conducted by towson university.
Towson University Foundation Inc at a glance
In short: Towson University Foundation Inc gave $4.5M across 3 grants in 2025 (avg $1.5M), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $4,467,945
- -3.8% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $1,489,315
- -3.8% vs 2024
- Median grant
- $1,324,638
- Total assets
- $134,708,581
- +10.2% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Towson University Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Towson University ($4.5M across 3 grants).
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $1–5M range: 10 grants of 15 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Towson University Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+19%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3.0M (2019) to $4.6M (2024). In 2025 it made 3 grants totaling $4.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Towson University Towson, MD | Scholarships and awards paid to towson university for various student recipients | $3,069,040 |
| Towson University Towson, MD | See Schedule I Part IV | $1,324,638 |
| Towson University Towson, MD | Equipment for use of towson university faculty and students | $74,267 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $134,708,581 | $16,174,298 | $10,736,643 | $4,467,945 | 3 | $5,812,773 |
| 2024 | $122,225,421 | $11,057,875 | $9,580,323 | $4,642,425 | 3 | $2,635,671 |
| 2023 | $112,019,400 | $15,208,535 | $9,346,653 | $3,818,089 | 3 | $6,495,567 |
| 2022 | $103,275,008 | $17,012,996 | $10,336,888 | $3,753,342 | 3 | $7,476,431 |
| 2021 | $110,009,045 | $15,736,271 | $6,132,741 | $3,637,058 | 3 | $6,844,904 |
| 2020 | $86,448,337 | $6,797,411 | $6,678,784 | $3,762,558 | 3 | $2,258,867 |
| 2019 | $86,551,744 | $9,767,784 | $6,675,082 | $2,976,363 | 3 | $2,678,992 |
About Towson University Foundation Inc
Based on IRS filings
Towson University Foundation Inc is a public charity focused on Education, based in Towson, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $134.7M in total assets. In 2025, it awarded 3 grants totaling $4.5M. Net investment income was $5.8M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Towson University Foundation Inc is led by Edna Primrose, President since 2023 (on filings since 2019); 1 of 28 officers listed in 2025 is compensated.
Officers on the 2025 filing
Edna Primrose
President
Vice President → President, 2023
On filings since 2019
4 hrs/week
No compensation reported
Douglas F. Erdman
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Eric M. Kruk
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Ira W. Cox
Director
On filings since 2019
1 hr/week
No compensation reported
Paul-Sean Gray
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Raymond J. Brusca
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Stephanie Johnson
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Thomas Coard
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Edward McDonald
Director
On filings since 2021
0.5 hrs/week
No compensation reported
David Diaz
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Denny B. Mather
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Nancy Grasmick
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Sherman L. Ragland
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Steven E. Peck
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Susan J. Gantz
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Phylicia Porter
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Aleksandr Olshanskiy
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Daniel A. Mong
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Jonathan Oleisky
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Marcus Whitehead
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Thomas J. Senker
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
John J. Mease Jr.
Vice President & CFO
On filings since 2019
50 hrs/week
$148K (2019) → $222K (2025)
Christopher J. Cavallaro
Vice President
Director → Secretary, 2021
Secretary → Vice President, 2025
On filings since 2019
1 hr/week
No compensation reported
Christopher S. Evans
Vice President
Treasurer → Vice President, 2025
On filings since 2019
1 hr/week
No compensation reported
Shanna N. Warburton-Barnes
Secretary
Director → Secretary, 2025
On filings since 2019
1 hr/week
No compensation reported
Debora A. Plunkett
Vice President
Director → Vice President, 2025
On filings since 2023
1 hr/week
No compensation reported
Jeff S. Rosen
Treasurer
Director → Treasurer, 2025
On filings since 2023
1 hr/week
No compensation reported
Patricia Hoge
Vice President
On filings since 2023
1 hr/week
No compensation reported
Former officers (18)
- Former: Anthony Hamlett Sr. (2019–2024) — Director
- Former: David M. Vahos (2019–2024) — Vice President
- Former: Kim A. Fabian (2019–2024) — Vice President
- Former: Salvatore Correnti (2019–2024) — Vice President
- Former: Eileen Auen (2023–2024) — Director
- Former: Thomas B. Smyth (2023–2024) — Director
- Former: Bradley Chambers (2023) — Director
- Former: Larry Letow (2023) — Director
- Former: Howard J. Rosen CPA (2019–2022) — Director
- Former: J. William Murray (2019–2022) — President
- Former: Rosemary Meyer (2019–2022) — Director
- Former: Theresa A. Lawler Esq. (2019–2022) — Director
- Former: Jeffrey J. Smith (2019–2021) — Director
- Former: Kelly A. Powers Esq. (2019–2021) — Director
- Former: Bryan Thaler (2019–2020) — Director
- Former: John A. Hayden III Esq. (2019–2020) — Vice President
- Former: Mary F. Shock (2019–2020) — Director
- Former: Richard S. Fine (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $222K, to John J Mease Jr (Vice President/ CFO).
Frequently asked questions about Towson University Foundation Inc
How much does Towson University Foundation Inc give each year?
Towson University Foundation Inc gave $4.5M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.6M across 3 grants.
What is Towson University Foundation Inc's typical grant size?
Towson University Foundation Inc's median grant in 2025 was $1,324,638, and its average grant was $1,489,315, across 3 grants on its 2025 IRS Form 990.
Where does Towson University Foundation Inc give grants?
Towson University Foundation Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Towson, MD (3 grants).
Does Towson University Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Towson University Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
How large is Towson University Foundation Inc?
Towson University Foundation Inc reported $134.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $16.2M.
What is Towson University Foundation Inc?
Towson University Foundation Inc is a public charity focused on Education, based in Towson, MD. It holds $134.7M in total assets as of 2025.
What is Towson University Foundation Inc's EIN?
Towson University Foundation Inc's EIN (Employer Identification Number) is 52-0939453. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS March 25, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS May 5, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 8, 2024)
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