Public Charity

TOWSON UNIVERSITY FOUNDATION INC

TOWSON UNIVERSITY FOUNDATION INC, of TOWSON, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $16.2M in revenue, $10.7M in expenses, $134.7M in total assets. 142 publicly reported grants to this organization, totaling roughly $13.9M, appear in IRS filings.

EIN: 520939453 TOWSON, MD Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$16.2M
Total Expenses$10.7M
Total Assets$134.7M
Grant Records142
Funding Total$13.9M
Filing Years2021–2025

Mission

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.

Where $100 goes at Towson University Foundation Inc

How Towson University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$9 Management running the organization
$5 Fundraising raising the next dollar

Inside the $86 for programs

$29
The $3,176,870 of other program service expenses relate to expenses that support the variety of programs offered by Towson university for the benefit of the students, faculty and…
34% of program spending
$28
Scholarships and awards
32% of program spending · Reported in the filing: 719 scholarships; 1,343 awards; 78 students
$16
Athletic programs
19% of program spending · Reported in the filing: 19 teams; 13 women

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Aleksandr Olshanskiy
VICE PRESIDENT Christopher J Cavallaro
VICE PRESIDENT Christopher S Evans
DIRECTOR Daniel A Mong
DIRECTOR David Diaz
VICE PRESIDENT Debora A Plunkett

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,265,001 93 grants
Education
$4,319,232 26 grants
International Aid & Development
$493,324 1 grant
Research & Policy
$487,654 11 grants
Fundraising & Sponsorship
$52,893 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $16.2M $10.7M $134.7M
2024 $11.1M $9.6M $122.2M
2023 $15.2M $9.3M $112.0M
2022 $17.0M $10.3M $103.3M
2021 $15.7M $6.1M $110.0M

Between 2021 and 2025, reported annual revenue grew from $15.7M to $16.2M (+3%), with total assets most recently reported at $134.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TOWSON UNIVERSITY FOUNDATION INC

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