Public Charity

ALLEGANY COLLEGE OF MARYLAND FOUNDATION INC

Based in CUMBERLAND, MD, ALLEGANY COLLEGE OF MARYLAND FOUNDATION INC operates as a Public Charity. The organization reported $5.7M in revenue, $3.3M in expenses, $28.8M in total assets for fiscal year 2025. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $425K.

EIN: 521308479 CUMBERLAND, MD Latest filing: 2025
Total Revenue$5.7M
Total Expenses$3.3M
Total Assets$28.8M
Grant Records17
Funding Total$425K
Filing Years2020–2025

Mission

THE PURPOSE OF THE FOUNDATION IS TO ACCUMULATE, INVEST, REINVEST, AND EXPEND FUNDS, BY WAY OF ENDOWMENT OR OTHERWISE; TO USE EITHER THE PRINCIPAL OR INCOME THEREOF FOR SCHOLARSHIPS OR FOR SPECIAL PROGRAMS OR PROJECTS; AND TO FOSTER, ENCOURAGE, AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF ALLEGANY COLLEGE OF MARYLAND.

Officers & Directors

DIRECTOR Aaron W Hendrickson
DIRECTOR Amanda Ruthenberg
DIRECTOR Bernice A Friedland
VICE PRESIDENT Carl O Belt Jr
DIRECTOR Chris Mathews
DIRECTOR David N Aydelotte Sr

Officer compensation and complete director data available with membership.

Top Grant Purposes

ENDOWMENT
$100,000 1 grant
TO FUND RESEARCH WORK OF DR. GEOFFREY RELATED TO CLIMATE DECEPTION ON SOCIAL MEDIA IN THE EU
$87,882 1 grant
EDUCATION
$61,198 5 grants
For grant recipient's exempt purposes
$46,500 3 grants
OPERATING AND PROGRAM SUPPORT
$46,245 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.7M $3.3M $28.8M
2024 $4.8M $3.5M $26.7M
2023 $3.8M $3.5M $24.7M
2021 $4.1M $2.7M $22.7M
2020 $4.8M $3.4M $18.2M

Between 2020 and 2025, reported annual revenue grew from $4.8M to $5.7M (+21%), with total assets most recently reported at $28.8M.

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

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