2026-05-15T07:53:19-05:00 2025-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-07-01 237089143 THE MORGAN STATE UNIVERSITY FOUNDATION INC MORG 4438854021 1700 E COLDSPRING LANE BALTIMORE MD 21251 ENDIA DECORDOVA EXECUTIVE DIRECTOR 4438854021 2026-05-14 1 0 MONIQUE BOOKER P00644231 4105840060 2024 2025-03-06 01:10:19Z ENDIA DECORDOVA 1700 E COLDSPRING LANE BALTIMORE MD 21251 18101957 0 X GIVETOMORGAN.ORG X 1971 MD TO PROMOTING THE GROWTH, PROGRESS, AND GENERAL WELFARE OF MORGAN STATE UNIVERSITY AND ADVANCE THE UNIVERSITY'S MISSION OF TEACHING, RESEARCH, AND COMMUNITY OUTREACH BY RAISING AND MANAGING PRIVATE FUNDS FOR SCHOLARSHIPS, FACULTY, RESEARCH, FACILITIES, AND ACADEMIC PROGRAMS. 14 14 0 0 0 0 17687493 16696259 0 0 1443782 1020140 8184194 55250 27315469 17771649 5616460 5819737 0 0 0 0 0 0 0 10485848 10489860 16102308 16309597 11213161 1462052 165651590 169687532 670596 767463 164980994 168920069 X MORGAN STATE UNIVERSITY FOUNDATION, INC. IS A SEPARATELY INCORPORATED NONPROFITORGANIZED FOR THE PURPOSE OF PROMOTING THE GROWTH, PROGRESS, AND GENERAL WELFARE OF MORGAN STATEUNIVERSITY. THE FOUNDATION WAS ESTABLISHED IN 1971 AS A 501C3 NOT-FOR-PROFIT CORPORATION TO ADVANCETHE UNIVERSITY'S MISSION OF TEACHING, RESEARCH, AND COMMUNITY OUTREACH BY RAISING AND MANAGINGPRIVATE FUNDS FOR SCHOLARSHIPS, FACULTY, RESEARCH, FACILITIES, AND ACADEMIC PROGRAMS. THE FOUNDATIONRECEIPTS, RECORDS, AND DISTRIBUTES GIFTS AND GRANTS FROM PRIVATE (NON-GOVERNMENTAL) SOURCES, SUCH ASALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS. GIFTS MADE THROUGH THE FOUNDATION ARE TAXDEDUCTIBLE TO THE FULL EXTENT PROVIDED BY LAW AND ARE DISTRIBUTED IN ACCORDANCE WITH DONOR INTENTIONS.THE FOUNDATION ADDRESSES THE NEEDS OF THE UNIVERSITY COMMUNITY IN AREAS WHERE GOVERNMENT FUNDINGIS LIMITED OR UNAVAILABLE. IT IS THROUGH THE FOUNDATION THAT MORGAN STATE UNIVERSITY SEEKS TO IDENTIFYAND MAINTAIN PRIVATE SUPPORTERS WH 0 0 14638146 5702462 0 TO PROVIDE GRANTS AND SCHOLARSHIP ASSISTANCE TO STUDENTS ATTENDING MORGAN STATE UNIVERSITY 301043 117275 0 TO PROVIDE FINANCIAL SUPPORT FOR MORGAN STATE UNIVERSITY STUDENTS AND PROGRAMS 14939189 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 559 0 1 0 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MD X THE ORGANIZATION 4438854021 1700 E COLDSPRING LANE BALTIMORE MD 21251 X MR CALVIN H BAKER TRUSTEE 2.00 X 0 0 0 MR MERVIN A BOURNE SECRETARY 2.00 X X 0 0 0 MR DAVID J BRASHEAR TRUSTEE 2.00 X 0 0 0 LT COL RET MICHAEL L BELL TRUSTEE 2.00 X 0 0 0 MS ENDIA DECORDOVA NV (EX OFFICIO) EXECUTIVE DIRECTOR MSU FOUNDATION, IN 5.00 X X 0 0 0 MR NICHOLAS EDWARDS TRUSTEE 2.00 X 0 0 0 MR KEVIN L HAWKINS TRUSTEE 2.00 X 0 0 0 MR OMAR S MCINTOSH TRUSTEE 2.00 X 0 0 0 MRS STEPHANIE D NELLONS-PAIGE TRUSTEE 2.00 X 0 0 0 MR WILLIAM A SHERMAN II NV TRUSTEE 2.00 X 0 0 0 MR JOSEPH S SIMMS III CHAIRMAN 5.00 X X 0 0 0 MS TRISCH L SMITH TRUSTEE 2.00 X 0 0 0 MR CRAIG I SPENCER TREASURER 5.00 X X 0 0 0 MR CYRIL WALLACE TRUSTEE 2.00 X 0 0 0 MS DAWN WHITE TRUSTEE 5.00 X 0 0 0 DR DAVID K WILSON NV TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 MUSIC CELEBRATIONS 1440 S PRIEST DRIVE STE 102 TEMPE AZ 85281 REGISTRATION AND TRAVEL 400000 ASSET STRATEGY CONSULTANTS 6 N PARK DRIVE SUITE 208 HUNT VALLEY MD 21030 CONSULTING 384908 INTEGRATION TGECHNOLOGIES GROUP 3180 FAIRVIEW PARK DRIVE SUITE 175 FALLS CHURCH VA 22042 CONSULTING 164900 ACTUM II LLC 1900 AVENUE OF THE STARS SUITE 100 LOS ANGELES CA 90067 CONSULTING 113400 DOURON INCORPORATED 10 PAINTERS MILL ROAD OWINGS MILLS MD 21117 EQUIPMENT 104859 5 16696259 16696259 1020140 1020140 385558 330308 55250 55250 17771649 0 0 1075390 X 5819737 5819737 48243 48243 5068502 4348032 720470 12380 12080 300 325608 212423 113185 1308542 1173029 135513 446882 407287 39595 78373 43616 34757 OTHER G&A 1813505 1813505 DUES & SUBSCRIPTIONS 565966 309940 256026 BAD DEBT EXPENSE 480406 460720 19686 EQUIPMENT RENTAL, REPAI 329034 329034 12419 9786 2633 16309597 14939189 1370408 0 32650355 17516641 26142832 16862835 659418 12000 35900 106488900 134612738 357503 165651590 169687532 670596 767463 670596 767463 X 4058052 4137018 160922942 164783051 164980994 168920069 165651590 169687532 1462052 11476979 -8999956 0 X X 0 1 X 1 0 X 70504771 29932277 18739905 18028743 17009952 154215648 70504771 29932277 18739905 18028743 17009952 154215648 154215648 346957 302614 1768713 1443782 1020140 4882206 159097854 0.96930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114237352 2164913 12217648 3608923 125010990 0.00000 0.90000 0.10000 1 0 0 INVESTMENTS 134612738 F 134612738 X 29578936 11476979 330308 11807287 17771649 0 17771649 16639905 330308 330308 16309597 0 16309597 PART X, LINE 2: UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, EXCEPT FOR UNRELATED BUSINESS INCOME, IF ANY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AN INFORMATIONAL RETURN FORM 990 IS FILED ANNUALLY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2025, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2022 THROUGH 2025 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE FOUNDATION FILES TAX RETURNS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE X X X X X X 1 CA CO FL IL ME MD MA NH NY NC ND OH OK OR SC UT WA WV WI GALA 385558 385558 119088 2626 208594 385558 385558 119088 2626 208594 330308 55250 0 SCHOLARSHIPS TO STUDENTS AT MORGAN STATE UNIVESITY 2667 5111524 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE FOUNDATION AUDIT COMMITTEE FOR REVIEW AND COMMENT, AND SUBSEQUENTLY PRESENTED TO THE OTHER FOUNDATION BOARD MEMBERS FOR THEIR REVIEW. ANY SUGGESTED CHANGES RESULTING FROM THE BOARD REVIEW ARE DISCUSSED WITH THE AUDIT COMMITTEE CHAIR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY AT BOARD MEETING, DIRECTORS COMPLETE QUESTIONAIRE AND DISCLOSE INFORMATION ON ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE ON SITE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 4,348,032. MANAGEMENT AND GENERAL EXPENSES 720,470. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,068,502. FORM 990, PART XII, LINE 2C FINANCIAL OVERSIGHT IS PROVIDED BY THE BOARD OF DIRECTORS THROUGH ITS FINANCE AND AUDIT COMMITTEE. THE COMMITTEE REVIEWS THE ORGANIZATION'S FINANCIAL STATEMENTS AND OVERSEES ANY AUDIT, REVIEW, OR COMPILATION ENGAGEMENTS PERFORMED BY INDEPENDENT ACCOUNTANTS. RESULTS ARE DISCUSSED WITH MANAGEMENT AND SHARED WITH THE FULL BOARD. FORM 990, PART XI, LINE 8 PRIOR YEAR ADJUSMENT RELATES TO THE DISCOUNT ON PLEDGES RECEIVABLE AND INVESTMENTS PER THE AUDITED FINANCIAL STATEMENTS. MORGAN STATE UNIVERSITY 1700 E COLDSPRING LN BALTIMORE MD 21215 522026973 EDUCATION MD 501(C)(3) ACTIVE N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0