2024-11-14T13:09:07-06:00 2023-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2023-01-01 821896987 SECU MD FOUNDATION INC SECU 4104877036 971 CORPORATE BLVD LINTHICUM MD 210902337 STEVEN ARBAUGH CHIEF FINANCIAL OFFICER 4104877036 2024-11-14 1 1 WENDY CAMPOS P00448102 5032421447 2024-11-12 2023 2024-10-15 13:58:12Z REBECCA SMITH 971 CORPORATE BLVD LINTHICUM MD 210902337 166020 0 X SECUMDFOUNDATION.ORG X 2017 MD SECU MD FOUNDATION'S MISSION IS TO CREATE A STRONGER MARYLAND BY EMPOWERING ACCESS TO EDUCATION, SUPPORTING HEALTH AND WELLNESS AND SERVING AS A CATALYST FOR COMMUNITY DEVELOPMENT. 7 2 0 50 0 0 1298836 72020 0 0 0 0 18860 26926 1317696 98946 374452 832563 0 0 0 0 0 0 0 311174 51142 685626 883705 632070 -784759 911914 462861 244 427821 911670 35040 THE MISSION IS TO CREATE A STRONGER MARYLAND BY EMPOWERING ACCESS TO EDUCATION, SUPPORTING HEALTH AND WELLNESS, AND SERVING AS A CATALYST FOR COMMUNITY DEVELOPMENT. 0 0 651563 651563 THE KINDNESS CAMPAIGN WAS STARTED IN 2020 WITH ONE IDEA IN MIND - THAT EVERY ACT OF KINDNESS, NO MATTER HOW SMALL OR LARGE, MAKES THE WORLD AND OUR COMMUNITIES A BETTER PLACE. IT IS OUR MISSION TO EMPOWER OUR MEMBERS, EMPLOYEES AND MARYLANDERS TO SPREAD KINDNESS AND INSPIRE OTHERS TO DO THE SAME. THROUGH THE SECU MD FOUNDATION AND OUR KINDNESS CAMPAIGN, WE AIM TO POSTIVELY IMPACT THE MARYLAND COMMUNITY BY DOING GOOD WHERE AND WHEN IT'S NEEDED MOST. 116000 116000 PROVIDE SCHOLARSHIPS TO INDIVIDUALS TO DEFRAY TUITION COST FOR HIGHER EDUCATION. 65000 65000 KINDNESS PARTNER GRANTS 832563 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 DC DE PA VA MD X LAFONDRA HENRY 4104877036 971 CORPORATE BLVD LINTHICUM MD 210902337 REBECCA SMITH PRESIDENT, DIRECTOR 1.00 40.00 X X 0 637251 213660 JOHN ENA JR TREASURER, DIRECTOR 1.00 40.00 X X 0 373923 31944 RODERIC FLOWERS SECRETARY, DIRECTOR 1.00 40.00 X X 0 434996 190933 AMY BASTA DIRECTOR 1.00 40.00 X 0 287935 34356 JANELLE BURGOYNE DIRECTOR 1.00 40.00 X 0 398335 175899 ELLEN GARDNER DIRECTOR 1.00 1.00 X 0 31093 0 GAYLE SEWARD DIRECTOR 1.00 1.00 X 0 27095 0 0 2190628 646792 0 0 1 0 0 72020 72020 94000 67074 26926 26926 98946 0 0 26926 716563 716563 116000 116000 26870 26870 2100 2100 6659 6659 14482 14482 1031 1031 883705 832563 51142 0 892001 422875 14480 34150 5433 5836 911914 462861 244 0 0 427821 244 427821 X 911670 35040 911670 35040 911914 462861 -784759 -91871 0 X X 0 1 X 1 0 X 250580 415000 361313 1298836 72020 2397749 250580 415000 361313 1298836 72020 2397749 2020068 377681 35134 37245 33937 18860 26926 152102 2549851 0.14810 0.20250 X PURSUANT TO REGULATION 1.170A-9(F)(3), THE ORGANIZATION NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT DIRECTLY OR INDIRECTLY FROM THE GENERAL PUBLIC AND IS ACTIVELY ENGAGED IN THE ATTRACTION OF PUBLIC SUPPORT. THE ORGANIZATION IS PUBLICLY SUPPORTED UNDER THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS: (I) TEN PERCENT-OF-SUPPORT LIMITATION: THE PERCENTAGE OF SUPPORT NORMALLY RECEIVED BY THE ORGANIZATION FROM CONTRIBUTIONS MADE BY GOVERNMENT UNITS, FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES EQUALS AT LEAST 10 PERCENT. (II) ATTRACTION OF PUBLIC SUPPORT: THE ORGANIZATION WAS ORGANIZED TO ATTRACT NEW AND ADDITIONAL SOURCES OF PUBLIC SUPPORT. THE ORGANIZATION HAS DEVELOPED A PLAN TO INCREASE PUBLIC SUPPORT. THE ORGANIZATION ANTICIPATES AN INCREASE OF NEW DONORS IN THE NEXT YEAR. (III) PERCENTAGE OF FINANCIAL SUPPORT: FOR THE YEAR-ENDED DECEMBER 31, 2022, PUBLIC SUPPORT EQUALED 20.25%, WHICH SATISFIED THE TEN PERCENT REQUIREMENT. (IV) SOURCES OF SUPPORT: THE ORGANIZATION HAS BEEN IN EXISTENCE SINCE 2017, RECEIVING SUPPORT FROM VARIOUS INDIVIDUALS AND BUSINESS ENTITIES FROM THE GENERAL PUBLIC. (V) REPRESENTATIVE GOVERNING BODY: THE ORGANIZATION'S BOARD OF DIRECTORS IS COMPRISED OF INDIVIDUALS HAVING SPECIFIC KNOWLEDGE OR EXPERTISE IN THE INDUSTRY, AS WELL AS DIRECTORS REPRESENTING THE DIVERSITY OF THE POPULATIONS SERVED. (VI) AVAILABILITY OF PUBLIC SERVICES: THE ORGANIZATION PROVIDED UNRESTRICTED FUNDS TO ENTITIES TO POSITIVELY IMPACT THE MARYLAND COMMUNITY BY DOING GOOD WHERE AND WHEN IT'S NEED MOST AND HAS A SCHOLARSHIP PROGAM OPEN TO ALL STUDENTS WITH A DESIRE TO FURTHER THEIR EDUCATION. 0 X 201632 35612 35612 166020 -67074 -67074 98946 986391 35612 67074 102686 883705 0 883705 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE TAX BENEFIT FORM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO INCOME TAX MATTERS IN MANAGEMENT AND GENERAL EXPENSE. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2023 AND 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -67,074. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 67,074. GOLF 94000 94000 38271 28803 94000 94000 38271 28803 67074 26926 1 SINAI HOSPITAL 2401 W BELVEDERE AVENUE BALTIMORE MD 21215 520486540 501(C)(3) 437379 0 GENERAL SUPPORT UMMS FOUNDATION BEHAVIORAL HEALTH 110 SOUTH PACA STREET BALTIMORE MD 21201 522238893 501(C)(3) 60000 0 GENERAL SUPPORT SPECIAL OLYMPICS MARYLAND 3701 COMMERCE DRIVE BALTIMORE MD 21227 237089144 501(C)(3) 25000 0 GENERAL SUPPORT KENNEDY KRIEGER FOUNDATION 1714 ASHLAND AVENUE BALTIMORE MD 21205 521734695 501(C)(3) 25000 0 GENERAL SUPPORT THE MARYLAND FOOD BANK 2200 HALETHORPE FARMS ROAD BALTIMORE MD 21227 521135690 501(C)(3) 10000 0 GENERAL SUPPORT 5 0 SCHOLARSHIPS 29 116000 PART I, LINE 2: CONDITIONAL GRANTS ARE MONITORED. THE GRANTEES ARE REQUIRED TO SUBMIT ANNUAL REPORTS. THE REPORTS ARE REVIEWED AND APPROVED BY THE BOD BEFORE ADDITIONAL FUNDS ARE RELEASED. 0 0 0 0 0 0 0 0 0 REBECCA SMITH PRESIDENT, DIRECTOR 0 426557 0 200270 0 10424 0 179537 0 34123 0 850911 0 0 RODERIC FLOWERS SECRETARY, DIRECTOR 0 324326 0 96659 0 14011 0 142006 0 48927 0 625929 0 0 JANELLE BURGOYNE DIRECTOR 0 258943 0 96835 0 42557 0 140611 0 35288 0 574234 0 0 JOHN ENA JR TREASURER, DIRECTOR 0 284595 0 87646 0 1682 0 24707 0 7237 0 405867 0 0 AMY BASTA DIRECTOR 0 221620 0 65310 0 1005 0 19344 0 15012 0 322291 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE REVIEWED AT A SECU MD FOUNDATION BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SECU MD FOUNDATION BOARD IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. SHOULD A CONFLICT ARISE IT WILL BE REPORTED TO THE SECU VP OF INTERNAL AUDIT AND REVIEWED WITH SECU'S SUPERVISORY COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: FOUNDATION HAS ORGANIZED INDIVIDUALS TO OVERSEE THE AUDIT PROCESS. NO CHANGE FROM PRIOR YEAR. STATE EMPLOYEES CREDIT UNION OF MARYLAND INC 971 CORPORATE BLVD LINTHICUM MD 210902337 520627114 SEE SUPPLEMENTAL EXPLANATION MD 501(C)(14) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 STATE EMPLOYEES CREDIT UNION OF MARYLAND INCORPORATED P 348070 CASH VALUE SCHEDULE R, PART II PRIMARY ACTIVITY - FINANCIAL SERVICES RELATED TO DEPOSIT ACCOUNTS, LENDING OPTIONS AND FINANCIAL ADVISORY SERVICES.