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
Ready to take the next step with University of Maryland Foundation Inc?
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
Among its reported 2024 grants, the largest include Umes ($3,186,697), Umbc ($2,897,895), University of Maryland Colllege Park ($2,695,378).
| Recipient | Purpose | Amount |
|---|---|---|
| UMES Princess Anne, MD | Program Services | $3,186,697 |
| UMBC Baltimore, MD | Program Services | $2,897,895 |
| University of Maryland Colllege Park College Park, MD | Program Services | $2,695,378 |
| UMCES Cambridge, MD | Program Services | $1,033,493 |
| University of Maryland Baltimore Baltimore, MD | Program Services | $962,975 |
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
Frequently Asked Questions
What is University of Maryland Foundation Inc?
University of Maryland Foundation Inc is a nonprofit organization focused on Education, based in ADELPHI, MD. It holds $2.4B in total assets as of 2024.
How large is University of Maryland Foundation Inc?
As of 2024, University of Maryland Foundation Inc holds $2.4B in total assets with $77.1M in annual revenue. It awarded 5 grants totaling $10.8M in 2024.
Where does University of Maryland Foundation Inc operate?
University of Maryland Foundation Inc has awarded grants in Maryland, New Jersey.
What size grants does University of Maryland Foundation Inc award?
In 2024, University of Maryland Foundation Inc awarded 5 grants totaling $10.8M — an average of about $2.2M per grant, based on its IRS Form 990 filings.
What is University of Maryland Foundation Inc's EIN?
University of Maryland Foundation Inc's EIN (Employer Identification Number) is 52-1125663. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in University of Maryland Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Abell Foundation Inc
BALTIMORE, MD
Assets
$296.4M
Grants
391
Total Given
$13.4M
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with University of Maryland Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching University of Maryland Foundation Inc to a real strategy.