Mission
THE PURPOSE OF THE FOUNDATION IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY.
Public Charity
SALISBURY UNIVERSITY FOUNDATION INC
SALISBURY UNIVERSITY FOUNDATION INC, of SALISBURY, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $14.7M in revenue, $7.4M in expenses, $145.7M in total assets. 81 publicly reported grants to this organization, totaling roughly $4.3M, appear in IRS filings.
EIN: 521127396
SALISBURY, MD
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$14.7M
Total Expenses$7.4M
Total Assets$145.7M
Grant Records81
Funding Total$4.3M
Filing Years2020–2025
Where $100 goes at Salisbury University Foundation Inc
How Salisbury University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$78
Programs
the work itself
$18
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $78 for programs
$54
Endowed colleges and schools
$17
Athletics and campus recreation
$7
Academic administration
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.
Sample Grants Received
$6,300
ARTS, CULTURE, AND HUMANITIES
$106,470
For grant recipient's exempt purposes
$102,335
EDUCATION
$91,300
SCHOLARSHIPS
$71,680
Showing up to 5 of 81 total records — full history available with membership.
Officers & Directors
CHAIR
Ashley Stern
DIRECTOR
David J Harkins
TREASURER
Dawn L Adkins-Harcum
DIRECTOR
Dr Charles B Silvia Jr
DIRECTOR
Dr Mark Bowen
DIRECTOR
Dr Peter Jackson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $14.7M | $7.4M | $145.7M |
| 2024 | $8.3M | $6.2M | $125.3M |
| 2023 | $7.8M | $5.4M | $110.5M |
| 2021 | $7.3M | $4.0M | $111.0M |
| 2020 | $7.1M | $5.1M | $83.0M |
Between 2020 and 2025, reported annual revenue grew from $7.1M to $14.7M (+108%), with total assets most recently reported at $145.7M.
Interactive year-over-year charts and full filing details available with membership.