Mission
SEE SCHEDULE O
Public Charity
UMGC Ventures Inc
UMGC Ventures Inc is a Public Charity headquartered in Bethesda, MD. Financial data from the 2024 filing: $50.7M revenue, $51.5M expenses, $44.5M total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $16.0M.
EIN: 812898004
Bethesda, MD
Latest filing: 2024
Total Revenue$50.7M
Total Expenses$51.5M
Total Assets$44.5M
Grants Given2
Grant Total$16.0M
Filing Years2020–2024
Sample Grants Given
UNIVERSITY SYSTEM OF MARYLAND FOUNDATION
PROGRAM SUPPORT
$25,000
UNIVERSITY SYSTEM OF MARYLAND FOUNDATION
PROGRAM SUPPORT
$16,000,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
INTERIM CEO
Ashish Patel
VP, LEARNING PLATFORMS
Barry Sugarman
AVP, STRATEGIC COMMUNICATIONS
Brent Inscoe
BOARD MEMBER
Cassie Strom
VP, SOLUTION DESIGN & DEV.
Christopher Tatem
CHIEF EXECUTIVE OFFICER
David Cumberbatchthru 0624
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $50.7M | $51.5M | $44.5M |
| 2023 | $40.1M | $40.1M | $43.4M |
| 2022 | $43.4M | $39.8M | $44.9M |
| 2021 | $47.7M | $44.2M | $44.1M |
| 2020 | $84.3M | $63.7M | $40.6M |
Between 2020 and 2024, reported annual revenue declined from $84.3M to $50.7M (-40%), with total assets most recently reported at $44.5M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MD.
MD
Full geographic grant map with state-by-state breakdown available with membership.