2020 Financials

 

University of Baltimore Foundation, Inc. and University Properties, Inc.
Combined Statement of Financial Position
June 30, 2020 and 2019
                  2020                   2019
ASSETS
Cash and Cash Equivalents  $           11,965,123  $           9,853,058
Investments               56,667,428             57,691,405
Pledges Receivable                 4,845,744               3,700,707
Land and Buildings                    139,060                  160,892
Collections                    454,284                  454,284
Other                      85,767                    91,630
Total  $           74,157,406  $         71,951,976
LIABILITIES AND NET ASSETS
Liabilities  $              1,115,035  $          1,362,405
Net Assets
  Without Donor Restrictions                  7,260,218              7,216,201
  With Donor Restrictions                65,782,153            63,373,370
Total Net Assets                73,042,371            70,589,571
Total  $           74,157,406  $        71,951,976

 

 

University of Baltimore Foundation, Inc. and University Properties, Inc.
Combined Statement of Activities
For the Years Ended
June 30, 2020 and 2019
                  2020                   2019
REVENUES
Contributions and Grants  $           6,089,975  $           3,035,261
Investment Return                  360,126               2,802,397
Other Income                    62,762                  182,009
Total Revenues               6,512,863               6,019,667
EXPENSES
University Programs, Support and Scholarships               3,194,831              3,643,488
Management and General                  605,337                 540,443
Fundraising                  259,895                 225,130
Total Expenses                4,060,063              4,409,061
Change in Net Assets $             2,452,800 $           1,610,606