2026-01-26T16:03:21-06:00 2025-06-30 260794367 UHY ADVISORS MID-ATLANTIC INC 955 MT HERMON ROAD SALISBURY MD 21804 990 2024-07-01 521127396 SALISBURY UNIVERSITY FOUNDATION INC SALI 4105436392 PO BOX 2655 SALISBURY MD 21802 JASON CURTIN EXECUTIVE DIRECTOR 4105436392 2026-01-26 1 0 ROY J GEISER P01786783 4107421328 2026-01-26 2024 2025-03-06 01:10:19Z JASON CURTIN 1308 CAMDEN AVE SALISBURY MD 21801 20076316 0 X WWW.SALISBURY.EDU/FOUNDATION X 1973 MD TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. 30 30 0 40 0 0 5364283 11800991 218425 209433 2708079 2613203 47251 91877 8338038 14715504 3023574 3603442 0 0 937024 970890 0 0 619749 2281253 2854265 6241851 7428597 2096187 7286907 125344982 145704085 2479725 2489197 122865257 143214888 X THE PURPOSE OF THE FOUNDATION IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. 0 0 527797 221876 ACADEMIC ADMINISTRATION 3799809 2777090 ENDOWED COLLEGES AND SCHOOLS 1182229 357834 ATHLETICS AND CAMPUS RECREATION 166354 246642 OUTREACH 166354 246642 5676189 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 220 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD MA WA NH CO WI DC OR NY OK MI MN KY UT NJ TN ME CA NV SC NC X JASON CURTIN 4105436392 1308 CAMDEN AVENUE SALISBURY MD 21801 X DR PETER JACKSON DIRECTOR 1.00 X 0 0 0 DR MARK BOWEN DIRECTOR 1.00 X 0 0 0 JASON CURTIN EXECUTIVE DIRECTOR 10.00 X X 0 0 0 PETE BUZY DIRECTOR 1.00 X 0 0 0 DR ROBERT CLARKE DIRECTOR 1.00 X 0 0 0 MICHELE GARIGLIANO IMMEDIATE PAST CHAIR 2.00 X 0 0 0 DR SIMONA ENG DIRECTOR 1.00 X 0 0 0 SAMANTHA HOWARD VICE CHAIR 2.00 X 0 0 0 SONYA WHITED DIRECTOR 1.00 X 0 0 0 JOE DORREGO SECRETARY 2.00 X 0 0 0 RON MCGANN DIRECTOR 1.00 X 0 0 0 ASHLEY STERN CHAIR 2.00 X 0 0 0 KIMMERLY MESSICK DIRECTOR 1.00 X 0 0 0 PHYLLIS VINYARD DIRECTOR 1.00 X 0 0 0 JULIUS M JONES JR DIRECTOR 1.00 X 0 0 0 J MICHAEL SCARBOROUGH DIRECTOR 1.00 X 0 0 0 MARK SMITH DIRECTOR 1.00 X 0 0 0 LOUIS TAYLOR DIRECTOR 1.00 X 0 0 0 DAWN L ADKINS-HARCUM TREASURER 2.00 X 0 0 0 RUBY BROWN DIRECTOR 1.00 X 0 0 0 DAVID J HARKINS DIRECTOR 1.00 X 0 0 0 ERIC MCLAUCHLIN VICE CHAIR 2.00 X 0 0 0 NICOLE D TURNER DIRECTOR 1.00 X 0 0 0 STEPHEN FARROW DIRECTOR 1.00 X 0 0 0 WILLIAM HALL DIRECTOR 1.00 X 0 0 0 DR CHARLES B SILVIA JR DIRECTOR 1.00 X 0 0 0 MARIA WALLER DIRECTOR 1.00 X 0 0 0 SANDY S FITZGERALD-ANGELLO DIRECTOR 1.00 X 0 0 0 DR THOMAS W JONES DIRECTOR 1.00 X 0 0 0 KIMBERLY S MAGAHA DIRECTOR 1.00 X 0 0 0 KONRAD MORGAN WAYSON DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 YARD DESIGNS INC 1314 WOODLAND RD SALISBURY MD 21801 LANDSCAPING 239370 1 33091 11767900 879351 11800991 EVENT REGISTRATIONS 900099 98412 98412 ALL OTHER PROGRAM SERVICE REVENU 900099 74611 74611 MEMBERSHIP INCOME 900099 36410 36410 209433 2439797 2439797 5262006 5088600 173406 173406 173406 277012 33091 272212 4800 4800 MISCELLANOUS INCOME 611710 87077 87077 87077 14715504 469916 0 2444597 3300344 3300344 303098 303098 970890 180843 566585 223462 189888 189888 173972 135389 2170 36413 345389 125873 31748 187768 117713 117713 11522 2597 8925 SUPPLIES AND EQUIPMENT 1102170 1097635 881 3654 SPECIAL SERVICES 469862 349486 69797 50579 GENERAL & ADMINISTRATIV 250816 64433 85390 100993 INFORMATION TECHNOLOGY 91385 17893 57612 15880 101548 98598 1950 1000 7428597 5676189 1132659 619749 327888 321977 6598 52480 3377508 9828379 16829 38932 70740 34739 530267 447163 94626 83104 117459711 132079355 3991082 3265119 125344982 145704085 138314 164580 108225 104945 1752486 1752486 480700 467186 2479725 2489197 X 12811266 13541469 110053991 129673419 122865257 143214888 125344982 145704085 X 7286907 13055841 6883 X X 0 1 X 1 0 X 4372711 6034565 5738558 5364283 11800991 33311108 4372711 6034565 5738558 5364283 11800991 33311108 33311108 2036849 3038735 1906257 2309357 2439797 11730995 45042103 352036 0.73960 0.68590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79877538 2937716 11443719 2601443 91657530 71287410 2580144 12958370 6948386 79877538 64380612 1018094 10027619 4138915 71287410 77647210 3641094 -11899440 5008252 64380612 53966426 3644648 23212714 3176578 77647210 0.03700 0.45500 0.50800 0 0 59578 59578 390522 366996 23526 80167 80167 0 83104 MONEY MARKET FUNDS 14856 F MUTUAL FUNDS 126821999 F COMMON STOCKS 5242500 F 132079355 ANNUITIES PAYABLE 467186 467186 X 27860552 13055841 279095 13334936 14525616 189888 189888 14715504 7510921 272212 272212 7238709 189888 189888 7428597 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS, AND SCHOLARSHIPS OF SALISBURY UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. TAX YEARS CONSIDERED OPEN AND SUBJECT TO EXAMINATION INCLUDE RETURNS FOR THE FOUNDATION FOR THE YEARS ENDED JUNE 30, 2022 THROUGH JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 6,883. EXPENSES INCURRED ON FUNDRAISING INCOME 272,212. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCURRED ON FUNDRAISING INCOME 272,212. PART XII AND PART XIII LINE 2D: AMOUNTS REPRESENT FUNDRAISING EVENT EXPENSES (FOR 990, PART VIII, LINE 8B). THESE EXPENSES ARE SHOWN AS REDUCTIONS OF REVENUE ON FORM 990, BUT ARE INCLUDED WITH EXPENSES ON THE AUDITED FINANCIAL STATEMENTS. EXPENSES INCURRED ON FUNDRAISING INCOME TOTAL SEA GULL CENTURY 273865 6153 267712 258462 GOLF CLASSIC 36238 26938 9300 13750 310103 33091 277012 272212 272212 4800 1 SALISBURY UNIVERSITY 1101 CAMDEN AVENUE SALISBURY MD 21802 526002033 170(C)(1) 2103786 0 SCHOLARSHIPS AND AWARDS PAID TO SALISBURY UNIVERSITY FOR VARIOUS STUDENT RECEPIENTS SALISBURY UNIVERSITY 1101 CAMDEN AVENUE SALISBURY MD 21802 526002033 170(C)(1) 2391954 0 GRANTS INCLUDE REIMBURSEMENTS TO COVER EXPENSES PAID FOR BY SALISBURY UNIVERSITY, INCLUDING PAYROLL, EQUIPMENT, COPIES, PRINTING, AND OTHER EXPENSES SALISBURY UNIVERSITY STUDENT STIPENDS/EMERGENCY GRANTS 278 285633 FMV SALISBURY UNIVERSITY FACULTY GRANTS, TRAVEL/CONFERENCE 57 55371 FMV SALISBURY UNIVERSITY ENTREPRENEURAL GRANTS 99 246259 FMV PART I, LINE 2: THE RECIPIENT MUST PROVIDE SUPPORTING DOCUMENTATION/RECEIPTS FOR THE PURPOSE FOR WHICH THEY WERE REWARDED THE GRANT X 2 1800 X 150 DONOR X 97443 DONOR X 1 63718 DONOR X 17 573597 FAIR MARKET VALUE X OTHER-MISCELLANEOUS 0 109660 DONOR X OTHER-FOOD/FLOWERS FOR RECEPTIONS 104 30639 DONOR X OTHER-SPORTS GAME TICKETS 9 2344 DONOR 0 1 0 SCHEDULE M, LINE 25: OTHER-MISCELLANEOUS = JEWELRY, FURNITURE, MISC EQUIPMENT FOR ATHLETICS, PRINTS, GOLF BAG, COOLERS, CAPS; MEN'S WATCH, WOMEN'S NECKLACE, DESIGNER PLATTER, GOLFER'S SET; PICNIC TABLES; GLASS VOTIVE CANDLE HOLDERS W/CANDLES; BASKETBALLS; HELMET CHROMING, GOLF EQUIPMENT, GIFT CARDS FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S EXECUTIVE DIRECTOR AND GOVERNING BODY REVIEW THE FORM 990 BEFORE IT IS FILED FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO FILL OUT A FORM ANNUALLY DISCLOSING ANY CONFLICT OF INTEREST. THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE ON A REGULAR BASIS. IF A SITUATION ARISES REGARDING A CONFLICT OF INTEREST, THE ORGANIZATION'S EXECUTIVE COMMITTEE WILL DISCUSS THE SITUATION AND MAKE A DECISION REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 SALISBURY UNIVERSITY FOUNDATION, INC. IS AFFILIATED WITH A STATE OF MARYLAND INSTITUTION (SALISBURY UNIVERSITY), AND IT ABIDES BY THE STATE INSTITUTION'S STANDARD COMPENSATION SCHEDULES. THE FOUNDATION REIMBURSES SALISBURY UNIVERSITY FOR ALL PERSONNEL COSTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO VIEW ON ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 6,883. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR 100 W COLLEGE AVE LLC PO BOX 2655 SALISBURY MD 21802 208045512 REAL ESTATE MD SUF INC SUFI HOLDINGS IX PO BOX 2655 SALISBURY MD 21802 831558365 REAL ESTATE MD SUF INC SUFI HOLDINGS X PO BOX 2655 SALISBURY MD 21802 814695590 REAL ESTATE MD SUF INC SALISBURY UNIV REAL ESTATE FOUNDATION 1308 CAMDEN AVE SALISBURY MD 21801 522247526 SEE SCHEDULE O MD 501(C)(3) TYPE I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 SALISBURY UNIVERSITY O 727483 PERSONNEL REIMBURSEMENT SALISBURY UNIVERSITY P 3768257 EXPENSE REIMBURSEMENT