Public Charity

University of Maryland Medical System Foundation Inc

Based in Baltimore, MD, University of Maryland Medical System Foundation Inc operates as a Public Charity. The organization reported $15.3M in revenue, $10.1M in expenses, $104.0M in total assets for fiscal year 2024. Imperigo tracks 143 reported grant relationships connected to this organization totaling approximately $22.0M.

EIN: 522238893 Baltimore, MD Latest filing: 2024
Total Revenue$15.3M
Total Expenses$10.1M
Total Assets$104.0M
Grant Records143
Funding Total$22.0M
Filing Years2020–2024

Mission

UMMS FOUNDATION, INC. RAISES CHARITABLE FUNDS TO SAFEGUARD THE FUTURE OF HEALTH CARE EXCELLENCE FOR UNIVERSITY OF MARYLAND MEDICAL SYSTEM.

Officers & Directors

Director (end 09/2023) Alison G Brown
CHAIRMAN Barry P Gossett
DIRECTOR Barry Stoler
PRESIDENT AND CEO UMMC Bert W O'malley Md
DIRECTOR Bruce Poole
TREASURER George A Sprinkel

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$6,793,430 8 grants
Program funding
$4,695,647 1 grant
Operational support
$4,317,356 1 grant
CAREERBOUND PILOT
$1,320,100 2 grants
GENERAL SUPPORT
$802,426 22 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.3M $10.1M $104.0M
2023 $16.7M $14.2M $103.0M
2022 $19.7M $12.8M $90.1M
2021 $14.9M $8.6M $91.8M
2020 $16.7M $5.7M $85.1M

Between 2020 and 2024, reported annual revenue declined from $16.7M to $15.3M (-8%), with total assets most recently reported at $104.0M.

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

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