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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4B
+5.8% YoY
Annual Giving
$10.8M
+12.7% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$2.2M
+35.2% YoY
About University of Maryland Foundation Inc
Based on IRS filings
University of Maryland Foundation Inc is a nonprofit organization focused on Education, based in ADELPHI, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4B in total assets. In 2024, it awarded 5 grants totaling $10.8M. Net investment income was $25.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,414,480,358 | $2,282,585,813 | $2,188,081,766 |
| Revenue | $77,068,370 | $46,875,365 | $97,078,608 |
| Expenses | $43,119,335 | $40,792,258 | $36,454,677 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $25,121,349 | $15,194,367 | $39,279,341 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Samuel Gallo | CIO/Departing CIO | — | $5,650,000 |
| Sharcus Steen | Director of Investments/Interim CIO | 40 | $1,193,804 |
| Leonard R Raley | Chief Executive Officer | 40 | $443,757 |
| Tom Gilbert | Chief Financial Officer/COO | 40 | $444,466 |
| Chris Ingram | Senior Sustainability & Public Markets Analyst | 40 | $431,411 |
| Charlie Sexton | Senior Investment Analyst | 40 | $435,961 |
| Michal Pramik | Senior Investment Analyst | 40 | $317,245 |
| Ralph Partlow | General Counsel | 40 | $226,670 |
| Roy Hossler | Director of Business Operations | 40 | $204,291 |
| Nebiyu Teshome | Director of Accounting | 40 | $160,658 |
| Gregory S Abel | Director | — | — |
| Sandra Adams | Director | — | — |
| Joe N Ballard | Director | — | — |
| Anirban Basu | Director | — | — |
| Hugh Breslin | Director | — | — |
| Hope Brown | Director | — | — |
| Alan Cason | Director | — | — |
| Sara Fernandez Cendon | Director | — | — |
| Christine Chandler | Director | — | — |
| Mary Clapsaddle | Director | — | — |
| Gail Elmore | Director | — | — |
| Christopher Evans | Director | — | — |
| Eric Francis | Director | — | — |
| Barry Garber | Director | — | — |
| Brian Gibbons | Director | — | — |
| Linda Gooden | Director | — | — |
| Barry Gossett | Director | — | — |
| Arthur Greenberg | Director | — | — |
| Michael Guirgus | Director | — | — |
| Lisa Kidd Hunt | Director | — | — |
| Frank Islam | Director | — | — |
| Harry Johnson | Director | — | — |
| Robert Owen Johnson | Director | — | — |
| Linda Ellen Jones | Director | — | — |
| Mark Levine | Director | — | — |
| Ed McDonald | Director | — | — |
| Brian Meenaghan | Director | — | — |
| Ruchi Mehta | Director | — | — |
| Patricia D Murray-Newby | Director | — | — |
| J Mitchell Neitzey | Director | — | — |
| Brian Nelson | Director | — | — |
| Craig Norhtrop | Director | — | — |
| Sang Oh | Director | — | — |
| Alicia Ritchie | Director | — | — |
| Lonnie Robbins | Director | — | — |
| Donald Scheeler | Director | — | — |
| Steven Sibel | Director | — | — |
| Stuart Silberg | Director | — | — |
| Kimberly Stokes | Director | — | — |
| Jose Antonio Tijerino | Director | — | — |
| Stacey Ullrich | Director | — | — |
| David Vahos | Director | — | — |
| Alexandra von Paris | Director | — | — |
| Robert Wallace | Director | — | — |
| Crystal Watkins-Johansson | Director | — | — |
| David Young | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Mayfield Scholastic Ltd
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Assets
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Total Given
$38K
Baltimore Curriculum Project Inc
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Assets
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Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Charles F and Margaret Mh Obrecht
BALTIMORE, MD
Assets
$1.2M
Grants
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Total Given
$131K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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