2026-02-11T13:48:11-06:00 2025-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2024-07-01 520952758 BOWIE STATE UNIVERSITY FOUNDATION INC BOWI 3018604308 14000 JERICHO PARK ROAD BOWIE MD 20715 BRENT SWINTON EXECUTIVE DIRECTOR 3018604308 2026-02-04 1 0 SUSAN KELLER P00245169 4107275735 2024 2025-03-06 01:10:19Z BRENT SWINTON 14000 JERICHO PARK ROAD BOWIE MD 20715 10794239 0 X WWW.BOWIESTATE.EDU/ABOUT/BSU-FOUNDATION/ X 1972 MD TO FACILITATE FUNDRAISING AND STEWARDSHIP EFFORTS OF BOWIE STATE UNIVERSITY. 19 19 0 21 0 0 6365290 6056897 0 0 2218496 4597684 158403 5445 8742189 10660026 1684676 2088789 0 0 88687 104043 0 0 18025 3748074 3935589 5521437 6128421 3220752 4531605 60004233 64831488 3527806 3116419 56476427 61715069 X TO FACILITATE FUND-RAISING EFFORTS THAT SEEK CONTRIBUTIONS FROM PRIVATE SOURCES, IN SUPPORT OF ACTIVITIES AND THE MISSION OF BOWIE STATE UNIVERSITY (BSU). BOWIE STATE UNIVERSITY FOUNDATION ASSUMES OVERSIGHT RESPONSIBILITY FOR GIFT ACCEPTANCE AND ADMINISTRATION FOR CONTRIBUTIONS TO THE BSU. 0 0 2088789 2088789 EXPENSES REFLECT FUNDS TO BOWIE STATE UNIVERSITY FOR SCHOLARSHIPS AWARDED TO STUDENTS IN SUPPORT OF EFFORTS TO ADDRESS RETENTION NEEDS, IMPROVE THE GRADUATION RATE, AND BRIDGE GAP FUNDING AND ENHANCE RECRUITMENT. 3186378 0 105948 PROGRAM EXPENSES REFLECT SUPPORT FOR SEVERAL BSU ACADEMIC INNOVATIONS AND PROGRAMS SUCH AS: EXPANSION IN EXPERIENTIAL LEARNING OPPORTUNITIES THROUGH COMPUTER SCIENCE INTERNSHIPS AND STOP ANIMATION FILM PRODUCTION WORKSHOPS.DEVELOPED ENROLLMENT MANAGEMENT PLATFORM IMPLEMENTATION AND OPERATIONS. 5275167 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 X 223 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X X X DAPHNE DESHIELDS 3018604308 14000 JERICHO PARK ROAD BOWIE MD 20715 ALFONZO POWELL CHAIR 2.00 X X 0 0 0 CHARLES EXUM VICE CHAIR 1.00 X X 0 0 0 DIVESH GUPTA TREASURER 1.00 X X 0 0 0 RON BUSBY SECRETARY 1.00 X X 0 0 0 DR AMINTA BREAUX BSU PRESIDENT, EX-OFFICIO 1.00 X 0 0 0 MANISH KUMAR EX-OFFICIO 1.00 X 0 0 0 STEPHANIE OVERTON STANARD EX-OFFICIO 1.00 X 0 0 0 ANGEL RICH-JONES MEMBER 1.00 X 0 0 0 DAMON LESTER MEMBER 1.00 X 0 0 0 DARLENE BROWN MEMBER 1.00 X 0 0 0 DARRYL BARNES MEMBER 1.00 X 0 0 0 DEIDRE JACKSON MEMBER 1.00 X 0 0 0 DR JOSEPH GREEN MEMBER 1.00 X 0 0 0 GINA NIGHTENGALE MEMBER 1.00 X 0 0 0 GREGORY TREY PROCTOR III MEMBER 1.00 X 0 0 0 JIM SIMPSON MEMBER 1.00 X 0 0 0 JOHNATHAN BOLDEN MEMBER 1.00 X 0 0 0 LAKEITHA ANDERSON MEMBER 1.00 X 0 0 0 LOUIS WILLIAMS MEMBER 1.00 X 0 0 0 MONIQUE SMITH MEMBER 1.00 X 0 0 0 TROY WEAVER MEMBER 1.00 X 0 0 0 WADE A WOOLFOLK MEMBER 1.00 X 0 0 0 BRENT SWINTON EXECUTIVE DIRECTOR 3.00 X 15510 0 1116 DAPHNE DE SHIELDS CHIEF FINANCIAL OFFICER 20.00 X 54272 0 4253 69782 0 5369 0 0 0 0 0 157810 500000 5399087 33500 6056897 993554 993554 3604130 0 3604130 3604130 3604130 33710 157810 134213 -100503 -100503 OTHER INCOME 900099 104336 104336 ANNUAL ASSESSMENT 900099 907 907 MEMBERSHIP DUES 900099 705 705 105948 10660026 105948 0 4497181 X 2088789 2088789 104043 104043 14000 14000 70681 70681 410841 410841 2133688 2079818 37820 16050 190160 182366 5819 1975 489491 489491 158916 158916 5903 3980 1923 PROGRAM EXPENSES 240583 240583 BAD DEBT 165000 0 165000 0 DUES 27920 2818 25102 OTHER EXPENSES 27498 27498 0 0 908 908 6128421 5275167 835229 18025 9914403 12098247 2926916 3347850 42500 0 47120414 49385391 60004233 64831488 3527806 3116419 3527806 3116419 X 27219667 30789466 29256760 30925603 56476427 61715069 60004233 64831488 X 4531605 -613496 35500 1285033 0 X X 0 1 X 1 0 X 28850392 5937423 13996923 6365290 6056897 61206925 28850392 5937423 13996923 6365290 6056897 61206925 7005165 54201760 388330 625304 656777 815523 993554 3479488 192127 296508 316682 167649 105948 1078914 65765327 0.82420 0.83370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17230673 892576 1272439 2153178 17242510 14627796 1514357 1478565 390045 17230673 12136911 2572931 722600 804646 14627796 10286965 2837588 100332 1087974 12136911 8266976 365821 2115588 461420 10286965 0.00000 0.47000 0.53000 1 0 0 UNI. SYSTEM OF MD FND FUND 49224269 F CERTIFICATES OF DEPOSITS 161122 F 49385391 X 9671189 -613496 35500 -577996 10249185 410841 410841 10660026 5717580 0 5717580 410841 410841 6128421 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE ACTIVITIES OF BOWIE STATE UNIVERSITY, CHIEFLY THROUGH THE ISSUANCE OF SCHOLARSHIPS TO STUDENTS. PART X, LINE 2: THE FOUNDATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE FOUNDATION'S EVALUATION OF TAX POSITIONS, WHICH INCLUDES MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT TOOK ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. 13TH ANNUAL BULLDOG CLASSIC 37460 28425 9035 11979 160TH ANNUAL GALA 154060 129385 24675 71201 25315 25718 1 191520 157810 33710 71201 25315 37697 134213 -100503 1 BOWIE STATE UNIVERSTIY 14000 JERICHO PARK ROAD BOWIE MD 20715 300002563 1781880 0 TO ASSIST BOWIE STATE UNIVERSITY AWARD SCHOLARSHIPS TO STUDENTS IN SUPPORT OF EFFORTS TO ADDRESS RETENTION NEEDS, IMPROVE THE GRADUATION RATE, AND BRIDGE GAP FUNDING AND ENHANCE RECRUITMENT. BOWIE STATE UNIVERSTIY 14000 JERICHO PARK ROAD BOWIE MD 20715 300002563 306909 0 GRANTS TO SUPPORT BOWIE STATE UNIVERSITY AND ITS MISSION, PROGRAMS AND STUDENT EXPERIENCES 2 X 1 33500 THIRD-PARTY APPRAISER 0 1 0 FORM 990, PART V, LINE 2A: ALL PAID PERSONNEL OF BOWIE STATE UNIVERSITY FOUNDATION ARE EMPLOYEES OF BOWIE STATE UNIVERSITY. AS SUCH, THE UNIVERSITY HANDLES ALL PAYROLL SERVICES AND THESE EMPLOYEES ARE REPORTED UNDER THE EMPLOYER IDENTIFICATION NUMBER (EIN) OF THE UNIVERSITY. THE PAYROLL EXPENSES ASSOCIATED WITH THESE EMPLOYEES IS ALLOCATED TO THE FOUNDATION BY THE UNIVERSITY AND IS INCLUDED IN THE FOUNDATION'S BOOKS AS A REIMBURSEMENT TO THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS ARE PROVIDED WITH AN ELECTRONIC COPY OF THE IRS FORM 990 IN ADVANCE OF FILING. MEMBERS ARE AFFORDED A SEVEN-DAY REVIEW PERIOD AND ARE GIVEN THE OPPORTUNITY TO MEET WITH THE AUDITORS TO ADDRESS ANY QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM AND IT IS UPDATED ANNUALLY. DISCLOSURE AND DISCUSSION IS REQUIRED FOR THOSE WHO HAVE DECLARED CONFLICTS. THE DISCUSSION IS CONDUCTED BY EITHER THE CHAIRMAN OF THE BOARD OR THE EXECUTIVE DIRECTOR OF THE FOUNDATION. IN ADDITION, INDIVIDUALS WHO ARE IDENTIFIED AS HAVING A CONFLICT OF INTEREST MIGHT BE REQUIRED TO HAVE A CONSULTATION WITH THE CHAIRMAN OF THE BOARD, THE EXECUTIVE DIRECTOR. LEGAL COUNSEL, THE EXECUTIVE COMMITTEE OR THE FULL BOARD IN EXECUTIVE SESSION. DECISIONS ARE MADE ON A CASE BY CASE BASIS AND DEPENDING ON THE ACTUAL RELATIONSHIP, THE CONSEQUENCES WOULD BE DETERMINED BASED ON THE FACTS OF THE SITUATION. FORM 990, PART VI, SECTION B, LINE 15 ALL PAID PERSONNEL OF BOWIE STATE UNIVERSITY FOUNDATION ARE EMPLOYEES OF BOWIE STATE UNIVERSITY. AS SUCH, THE UNIVERSITY HANDLES ALL PAYROLL SERVICES AND THESE EMPLOYEES ARE REPORTED UNDER THE EMPLOYER IDENTIFICATION NUMBER (EIN) OF THE UNIVERSITY. THE RELATED PAYROLL EXPENSES ASSOCIATED WITH THESE EMPLOYEES IS ALLOCATED TO THE FOUNDATION BY THE UNIVERSITY AND IS INCLUDED IN THE FOUNDATION'S BOOKS AS REIMBURSEMENT TO THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 2,079,818. MANAGEMENT AND GENERAL EXPENSES 37,820. FUNDRAISING EXPENSES 16,050. TOTAL EXPENSES 2,133,688. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART XI, LINE 8: THE PRIOR YEAR ADJUSTMENTS ARE A RESULT OF THE FOLLOWING CHANGES MADE TO THE FINANCIAL STATEMENTS: CONTRIBUTIONS RECEIVABLE, PREVIOUSLY REPORTED AS $2,876,916, WERE CORRECTED TO $3,672,543. TOTAL CHANGE IN NET ASSETS WAS $795,627. ACCOUNTS PAYABLE AND ACCRUED EXPENSES, PREVIOUSLY REPORTED AS $3,527,806, WERE CORRECTED TO $3,038,400. TOTAL DECREASE IN LIABILITIES AND SCHOLARSHIP AND AWARDS EXPENSE WAS $489,406.