Grantmaking public charityEIN 520939453
TOWSON UNIVERSITY FOUNDATION INC
TOWSON, MD 212520001
Total Assets
$122.2M
FY 2023
Annual Giving
$4.6M
FY 2023
Grants Made
3
FY 2023
Avg Grant
$1.5M
FY 2023
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$1.9MUniversity support - to create an environment that is conducive to learning, institutions of higher learning must have proper facilities and faculty dedicated to teaching. Funds are made available for use by the university president, the vice presidents and the deans of the seven colleges to support areas where improvements are needed. We remain committed to our goal of helping the university attract, hire and retain faculty members who are leaders in their field of study, and who have demonstrated superior teaching skills. To keep them current on new developments in their field and teaching methods, they are encouraged to perform research and to attend seminars and conferences. In addition to funding provided by donors, the foundation also makes funds available to the university through the unrestricted budget process that helped to support the various presidential initiatives. These are initiatives that might otherwise not move forward due to the lack of other funding sources.
Program 2
$833KAthletic programs - the foundation solicits and manages funds in support of the university's aligned vision for athletics, which states "towson university is committed to a financially stable, gender-equitable and competitive athletics program. The university will continue to support these goals by placing academics first. We will support opportunities for all towson students to participate in a range of sports activities and leadership opportunities that support physical well-being and personal excellence." the university currently fields 19 division i athletic teams (13 in women's sports, 6 in men's sports).
Program 3
$3.0MThe $2,994,202 of other program service expenses relate to expenses that support the variety of programs offered by towson university for the benefit of the students, faculty and staff of the university. All expenses support the core mission of the foundation and therefore that of the university as well. The foundation exists to support the university through these expenditures.
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$11.1M
Total Expenses
$9.6M
Giving Over Time
7 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
21 grants
Grant Size Distribution
21 grants
Geographic Focus
1 states
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