2025-10-07T12:27:32-05:00 2025-06-30 390758449 Wipfli LLP 30 Long Creek Drive South Portland ME 041062437 990 2024-07-01 043350930 University of Southern Maine Foundation UNIV 2077804708 PO Box 9300 Portland ME 041049300 Corey Hascall President & CEO 2077804708 2025-09-11 1 1 Patrick Nicholas CPA P00289567 2077745701 2025-09-11 2024 2025-03-06 01:10:19Z Corey Hascall PO Box 9300 Portland ME 041049300 27849035 0 X https://usm.maine.edu/foundation X 1996 ME Support for the University of Southern Maine. 25 25 27 60 0 0 5826991 10519342 1847571 2103141 1251027 1656377 0 0 8925589 14278860 17478130 4522355 0 0 2219073 2226027 39147 70000 1175684 496522 548567 20232872 7366949 -11307283 6911911 49556091 58582559 40370 46913 49515721 58535646 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 5161692 4522355 2103141 Continuing to build its fundraising capacity, the USM Foundation had a record-breaking fundraising year (outside of a comprehensive campaign), having raised more than $10M in philanthropic support for USM programs, people and facilities.Highlights include completing the fundraising for the MEMIC John T. Leonard Endowed Chair in Risk Management & Insurance and adding $6M to the Promise Scholarship Endowed Fund. The Foundation hosted a stewardship event to honor and recognize members of the 1878 Legacy Society which includes individuals who are providing philanthropic support to USM through their estate plans.The Foundation continued efforts to deepen its engagement with USM graduates over the past year, having completed an alumni survey for the first time, while also more than doubling the number of first-time alumni donors to the USM Foundation. Participation in the Foundation's Golden Graduates program, honoring USM graduates from more than 50 years ago, reached an all-time high. 5161692 1 1 0 0 0 0 0 0 0 1 1 0 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 0 0 0 0 0 1 0 0 0 1 7 0 1 27 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 1.00 X X 0 0 0 Dean Murray '87 Vice Chair 1.00 X X 0 0 0 Stephen Irish '81 Treasurer 1.00 X X 0 0 0 Todd Chamberlain Secretary 1.00 X X 0 0 0 Daniel Crewe '22H Director 1.00 X 0 0 0 Justin Alfond Director 1.00 X 0 0 0 Kelly Barden Director 1.00 X 0 0 0 Kenneth Blaschke Director 1.00 X 0 0 0 Kelly Brewer '11 Director 1.00 X 0 0 0 Robert H Dodge Director 1.00 X 0 0 0 Dajaun Eubanks Director 1.00 X 0 0 0 Timothy Griffin '05 '12G Director 1.00 X 0 0 0 Mo Ibourk '03 '05G Director 1.00 X 0 0 0 Daniel Kleban '04 Director 1.00 X 0 0 0 Mike Marocco '81 Director 1.00 X 0 0 0 Rebecca McKinnell '06 Director 1.00 X 0 0 0 Casey Prentice Director 1.00 X 0 0 0 John Ryan Director 1.00 X 0 0 0 Lois Skillings '91G Director 1.00 X 0 0 0 Ian Slaymaker '07 PhD Director 1.00 X 0 0 0 Ray Stevens PhD '86 14H Director 1.00 X 0 0 0 Linda Varrell '00 Director 1.00 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 Committe 1.00 X 0 0 0 Ainsley Newman Wallace President & CEO (Thru 9/30/24) 40.00 X 164024 0 38476 Corey Hascall President & CEO 40.00 X 160089 0 23555 Erin Macey Executive Director 40.00 X 120904 0 37899 445017 0 99930 3 0 1 0 0 10519342 10519342 Advancements services 900099 2103141 2103141 2103141 1715356 1715356 13511196 13570175 -58979 -58979 -58979 14278860 2103141 0 1656377 4522355 4522355 243958 32921 32921 178116 1483262 348764 605478 529020 81865 18091 30258 33516 271250 59942 100257 111051 145692 32195 53849 59648 17611 3892 6509 7210 22455 4962 8300 9193 70000 70000 50031 50031 59454 19689 9057 30708 73557 16255 27187 30115 181693 40149 67156 74388 88509 19559 32714 36236 6891 1523 2547 2821 5009 1108 1851 2050 3941 871 1458 1612 39416 39416 7366949 5161692 1029573 1175684 2939958 3028354 10712144 9202175 800 4748 23862 23862 0 0 44872700 35747689 1326497 155500 148085 49556091 58582559 40370 46913 40370 46913 X 683303 1021741 48832418 57513905 49515721 58535646 49556091 58582559 X 6911911 2326331 -218317 X 0 1 X 1 0 X 15240495 15144157 6684810 5826991 10519342 53415795 15240495 15144157 6684810 5826991 10519342 53415795 20086351 33329444 359809 421294 1027454 1251027 1715356 4774940 58190735 9107068 0.57280 0.56880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34397021 8087179 3732355 1343855 44872700 30674477 1370340 3569090 1216886 34397021 27039753 1980972 2836792 1183040 30674477 31964497 2020950 -3838007 3107687 27039753 23266221 3166994 6393912 862630 31964497 0.00000 0.79000 0.21000 1 0 23862 23862 0 0 16545265 2326331 2326331 14218934 50031 9895 59926 14278860 7525340 208422 208422 7316918 50031 50031 7366949 Part V, Line 4: ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS, PROFESSORSHIPS AND OPERATIONS. Part XI, Line 4b - Other Adjustments: Change in value of beneficial interest 9,895. Part XII, Line 2d - Other Adjustments: Bad debts provision 208,422. X X X X 1 Community Counseling Service Co LLC PO Box 824885 Philadelphia PA 191824885 Consulting 0 0 70000 -70000 70000 -70000 ME NY FL CA 1 UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 3419655 0 USM programs & capital projects UNIVERSITY OF SOUTHERN MAINE 14 Central St BANGOR ME 04401 016000769 1102700 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 & CEO (Thru 9/30/24) 164024 0 0 0 0 0 14600 0 23876 0 202500 0 0 0 Corey Hascall President & CEO 160089 0 0 0 0 0 12161 0 11394 0 183644 0 0 0 Erin Macey Executive Director 120904 0 0 0 0 0 9411 0 28488 0 158803 0 0 0 Part I, Line 3 The President/CEO's compensation is determined by the board and included in their written employment contract. 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 director of finance 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 -9,895. Bad Debts Provision -208,422. 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