2023-11-14T10:11:39-06:00 2022-12-31 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-01-01 526055592 TRUSTEES OF THE ENDOWMENT FUND OF THE UNIVERSITY OF MARYLAND TRUS 4107067454 522 W LOMBARD ST DAVIDGE HALL BALTIMORE MD 21201 DR GEORGE M BOYER PRESIDENT 4107067454 2023-11-13 1 DR GEORGE M BOYER 999009999 1 AMY BIBBY P00445891 8282542254 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR GEORGE M BOYER 522 W LOMBARD ST DAVIDGE HALL BALTIMORE MD 21201 39650703 0 X N/A X 1904 MD TO HOLD, INVEST, AND CONTROL CASH, INVESTMENTS, AND OTHER PROPERTY, AND TO APPLY THE INCOME FROM INVESTMENTS TO THE BENEFIT OF UNIVERSITY OF MARYLAND BALTIMORE. 9 8 0 8 0 0 228621 354238 0 0 8403873 16146418 0 0 8632494 16500656 1933474 2209977 0 0 50000 50000 0 0 0 683669 454019 2667143 2713996 5965351 13786660 143965935 119672854 33713 21215 143932222 119651639 TO HOLD INVEST, AND CONTROL CASH, INVESTMENTS, AND OTHER PROPERTY, AND TO APPLY THE INCOME FROM INVESTMENTS TO THE BENEFIT OF UNIVERSITY OF MARYLAND BALTIMORE. 0 0 2213317 2209977 THE ORGANIZATION'S PURPOSE IS TO RECEIVE, INVEST, AND CONTROL ANY PROPERTY ENTRUSTED TO IT AND TO APPLY THE INCOME IN ACCORDANCE WITH THE DONOR'S WISHES TO BENEFIT THE UNIVERSITY OF MARYLAND BALTIMORE. 2213317 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 X DR GEORGE M BOYER 4107067454 522 W LOMBARD ST DAVIDGE HALL BALTIMORE MD 21201 DR GEORGE M BOYER PRESIDENT 10.00 X X 50000 0 0 CHARLES J MORTON JR DIRECTOR 1.00 X 0 0 0 DR DONNA S HANES DIRECTOR 1.00 X 0 0 0 DR MARK M APPLEFELD DIRECTOR 1.00 X 0 0 0 JAMES G CORCKRAN DIRECTOR 1.00 X 0 0 0 DR J LAWRENCE FITZPATRICK DIRECTOR 1.00 X 0 0 0 M NATALIE MCSHERRY DIRECTOR 1.00 X 0 0 0 MAC FORD DIRECTOR 1.00 X 0 0 0 DR DANIELLE BAEK DIRECTOR 1.00 X 0 0 0 50000 0 0 0 0 0 0 0 354238 354238 1267020 1267020 38029445 23150047 14879398 14879398 14879398 16500656 0 0 16146418 2209977 2209977 50000 50000 6567 6567 117377 117377 309392 309392 5204 3340 1864 179 179 15300 15300 2713996 2213317 500679 0 5505794 500295 2143 179 0 1964 88211295 70721571 50243354 48430526 5492 18498 143965935 119672854 33713 21215 33713 21215 X 143932222 119651639 143932222 119651639 143965935 119672854 13786660 -38067243 0 X X 0 1 X 1 0 X 176776 616691 1010031 228620 354238 2386356 100000 100000 100000 200000 200000 700000 276776 716691 1110031 428620 554238 3086356 3086356 1542587 1644766 1190548 1442188 1267020 7087109 10173465 0.30340 0.38810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89479706 -13033140 2001647 74444919 79586924 11789330 1896548 89479706 71536073 9834599 1783748 79586924 57785899 15728496 1978322 71536073 62938865 -3198540 1954426 57785899 0.34180 0.65820 0 0 2143 179 1964 1964 MULTI-STRATEGY FUNDS 48430526 F 48430526 X -21875979 -38067243 -38067243 16191264 309392 309392 16500656 2404604 0 2404604 309392 309392 2713996 PART V, LINE 4: THE LONG-TERM GOAL OF THE FUND'S ENDOWMENTS IS TO ACHIEVE AN ANNUAL COMPOUND RATE OF RETURN OF AT LEAST 8 PERCENT, NET OF FEES AND COMMISSIONS, WITHOUT EXPOSURE TO UNDUE RISK. THE ASSET ALLOCATION OF THE PORTFOLIO IS EXPECTED TO MINIMIZE RISK AND PROVIDE A CONSISTENT RETURN. THE GOAL OF THE PORTFOLIO IS TO COVER ANNUAL EXPENSES AND PROVIDE ADDITIONAL GROWTH TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENTS OVER TIME. PART X, LINE 2: THE FUND HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE FUND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE FUND'S TAX POSITIONS AND HAS CONCLUDED THAT THE FUND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEE NET WITH REVENUE ON F/S 309,392. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEE NET WITH REVENUE ON F/S 309,392. 1 UNIVERSITY OF MARYLAND 620 W LEXINGTON ST BALTIMORE MD 21201 526002033 501(C)(3) 1923636 0 EDUCATION AND RESEARCH MEDICAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF MARYLAND INC 522 W LOMBARD ST BALTIMORE MD 21201 520615433 501(C)(3) 286341 0 GENERAL SUPPORT 2 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE BOARD PRESIDENT AND TREASURER AND AN ELECTRONIC COPY WAS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A DURING THE YEAR, THERE WAS FULL BOARD DISCUSSION ABOUT CONVERTING THE SECRETARY/TREASURER'S VOLUNTEER POSITION TO A PART TIME COMPENSATED ONE. RECOMMENDATIONS REGARDING COMPENSATION WERE MADE BY OUR INVESTMENT ADVISOR, ASSET STRATEGY CONSULTANTS, WHO LOOKED AT PAID POSITIONS, BOTH FULL AND PART TIME, AT SIMILAR CHARITABLE ORGANIZATIONS. IN A CLOSED MEETING OF THE BOARD, WITH THE SECRETARY/TREASURER NOT IN ATTENDANCE, COMPENSATION WAS DETERMINED. THIS IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE BOARD OF DIRECTORS MUST APPROVE THE REQUEST BEFORE THE DOCUMENTS ARE GIVEN OUT. FORM 990; PART XII; LINE 2C THERE HAVE BEEN NO CHANGES IN THE OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEAR.