2025-02-06T14:10:15-06:00 2024-06-30 390758449 Wipfli LLP 30 Long Creek Drive South Portland ME 041062437 990 2023-07-01 043350930 University of Southern Maine Foundation UNIV 2077804708 PO Box 9300 Portland ME 041049300 Corey Hascall Interim President & CEO 2077804708 2025-01-31 1 1 Patrick Nicholas CPA P00289567 2077745701 2025-01-31 2023 2025-03-06 01:10:19Z Ainsley Newman Wallace PO Box 9300 Portland ME 041049300 8925589 0 X www.usm.maine.edu/foundation X 1996 ME Support for the University of Southern Maine. 25 25 22 25 0 0 6684810 5826991 2159870 1847571 1027454 1251027 0 0 9872134 8925589 5220695 17478130 0 0 2163254 2219073 399763 39147 1132105 410375 496522 8194087 20232872 1678047 -11307283 57792646 49556091 50308 40370 57742338 49515721 X To actively build and steward resources in support of the University of Southern Maine's mission of education, research, and public service and to educate the public about the activities and programs of the University of Southern Maine. 0 0 18120997 17478130 1847571 Building on the momentum of the Great University Campaign, the USM Foundation secured additional funding for endowed scholarship funds, like the Promise Scholarship, and established new endowed scholarship funds to support USM students and their access to a high-quality public education, including USM's Access to Education Scholarship.Continued to raise philanthropic funds in support of the University's Portland Campus transformation, including capital funds in support of the McGoldrick Center for Career and Student Success (opened fall of 2023) and the Crewe Center for the Arts (opening fall of 2025).Received significant philanthropic investment in USM's Esports program, the largest club sport at USM and the largest collegiate Esports program in Maine, to support the construction of an Esports Arena in a renovated space on USM's Gorham campus. 18120997 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 6 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Julie Feld 2072288521 34 Bedford Street 4th Floor Portland ME 04101 Stephen deCastro Chair 0.00 X X 0 0 0 Dean Murray '87 Vice Chair 0.00 X X 0 0 0 Timothy Griffin '05 '12G Treasurer 0.00 X X 0 0 0 Todd Chamberlain Secretary 0.00 X X 0 0 0 Daniel Crewe Director 0.00 X 0 0 0 Justin Alfond Director 0.00 X 0 0 0 Kelly Barden Director 0.00 X 0 0 0 Kenneth Blaschke Director 0.00 X 0 0 0 Kelly Brewer '11 Director 0.00 X 0 0 0 Robert H Dodge Director 0.00 X 0 0 0 Dajaun Eubanks Director 0.00 X 0 0 0 Mo Ibourk '03 '05G Director 0.00 X 0 0 0 Stephen Irish '81 Director 0.00 X 0 0 0 Daniel Kleban '04 Director 0.00 X 0 0 0 Mike Marocco '81 Director 0.00 X 0 0 0 Rebecca McKinnell '06 Director 0.00 X 0 0 0 Casey Prentice Director 0.00 X 0 0 0 John Ryan Director 0.00 X 0 0 0 Lois Skillings '91G Director 0.00 X 0 0 0 Ian Slaymaker '07 PhD Director 0.00 X 0 0 0 Ray Stevens PhD '86 14H Director 0.00 X 0 0 0 Linda Varrell '00 Director 0.00 X 0 0 0 Dr Jacqueline Edmondson Executive Officio 1.00 X 0 0 0 Rebecca Swanson Conrad Affliliated Representative 1.00 X 0 0 0 Jana Magnuson Volunteer Finance Committee 1.00 X 0 0 0 Ainsley Newman Wallace President 40.00 X 192740 0 47793 Corey Hascall Vice President 40.00 X 143988 0 24821 Erin Macey Executive Director 40.00 X 119750 0 42170 456478 0 114784 3 0 1 0 0 5826991 236424 5826991 Advancements services 900099 1847571 1847571 1847571 1251027 1251027 8925589 1847571 0 1251027 17478130 17478130 411476 57960 57960 295556 1278497 314062 554784 409651 72881 18551 33454 20876 330741 71297 134509 124935 125478 28080 46702 50696 2652 594 987 1071 17750 3973 6606 7171 39147 39147 54571 6427 10690 37454 100977 22598 37582 40797 63466 14218 23614 25634 38992 8726 14512 15754 133482 29871 49681 53930 11319 2533 4213 4573 7988 1788 2973 3227 4043 907 1503 1633 61282 61282 20232872 18120997 979770 1132105 15252682 2939958 10226954 10712144 240150 800 23862 23862 0 0 31951349 35747689 121511 155500 57792646 49556091 50308 40370 50308 40370 X 857931 683303 56884407 48832418 57742338 49515721 57792646 49556091 X -11307283 3031735 48931 X 0 1 X 1 0 X 4927335 15240495 15144157 6684810 5826991 47823788 4927335 15240495 15144157 6684810 5826991 47823788 18670488 29153300 374205 359809 421294 1027454 1251027 3433789 51257577 8508194 0.56880 0.58690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30674477 1370340 3569090 1216886 34397021 27039753 1980972 2836792 1183040 30674477 31964497 2020950 -3838007 3107687 27039753 23266221 3166994 6393912 862630 31964497 21962340 1864204 213278 773601 23266221 0.00000 0.80000 0.20000 1 0 23862 23862 0 0 Beneficial Interest In Char Rem Trust 1350668 F UMaine System Investment Pool 34397021 F 35747689 12031928 3031735 74604 3106339 8925589 0 8925589 20258545 25673 25673 20232872 0 20232872 Part V, Line 4: ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS, PROFESSORSHIPS AND OPERATIONS. Part XI, Line 2d - Other Adjustments: Change in value of beneficial interest 74,604. Part XII, Line 2d - Other Adjustments: Bad debts provision 25,673. X X X X 1 Community Counseling Service Co LLC PO Box 824885 Philadelphia PA 191824885 Consulting 0 0 39147 -39147 39147 -39147 ME NY FL CA 1 UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 16476097 0 USM programs & capital projects UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 1002033 0 Endowment income gifted to USM 2 0 Part I, Line 2: For restricted gifts - an invoicing system is used in accordance with an operating agreement established with the University of Maine System, and consistent with the donor's intentions. For endowment income gifted - the funds are remitted to University of Maine System to be used in accordance with donor agreements. X X 0 0 0 0 0 0 0 0 0 Ainsley Newman Wallace President 192740 0 0 0 0 0 17260 0 30533 0 240533 0 0 0 Corey Hascall Vice President 143988 0 0 0 0 0 13780 0 11041 0 168809 0 0 0 Erin Macey Executive Director 119750 0 0 0 0 0 11808 0 30362 0 161920 0 0 0 Part I, Line 3 The President/CEO's compensation is determined by the board and included in their written employment contract. X 20 236424 FMV 0 0 1 0 Form 990, Part VI, Section B, line 11b Line 11a explanation - The return is prepared by our outside auditors in conjuction with information provided by the Foundation. The draft return is provided to the Foundation's Finance & Audit Committee for review and discussion. The final draft return is reviewed by the Foundation's finance manager and then provided to the Foundation's Board of Directors for final approval. Form 990, Part VI, Section B, line 12c All officers and directors with voting authority annually complete USM Foundation's code of ethics and conflict of interest agreements. A checklist is maintained tracking all forms received and reviewed for compliance. Form 990, Part VI, Section B, line 15a The Board of Directors reviews and approves the compensation for the President. Form 990, Part VI, Section C, line 19 The Foundation does make its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Change in value of beneficial interest & life insurance 74,604. Bad Debts Provision -25,673. USM Foundation Supporting Council PO Box 9300 Portland ME 04104 814103942 Educational ME 501(c)(3) Line 5 University of Southern Maine Foundation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0