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 2024 filing shows $11.1M in revenue, $9.6M in expenses, $122.2M in total assets. 134 publicly reported grants to this organization, totaling roughly $13.4M, appear in IRS filings.

EIN: 520939453 TOWSON, MD Latest filing: 2024
Total Revenue$11.1M
Total Expenses$9.6M
Total Assets$122.2M
Grant Records134
Funding Total$13.4M
Filing Years2020–2024

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.

Officers & Directors

DIRECTOR Anthony Hamlett Sr
SECRETARY Christopher J Cavallaro
TREASURER Christopher S Evans
DIRECTOR David Diaz
VICE PRESIDENT David M Vahos
DIRECTOR Debora A Plunkett

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$3,963,503 15 grants
GENERAL SUPPORT
$2,660,917 32 grants
For grant recipient's exempt purposes
$2,636,634 8 grants
General support
$1,320,000 1 grant
INTERNATIONAL
$493,324 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $6.8M $6.7M $86.4M

Between 2020 and 2024, reported annual revenue grew from $6.8M to $11.1M (+63%), with total assets most recently reported at $122.2M.

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

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