Education
Towson University Foundation Inc
TOWSON, MD
Total revenue
$11.1M
Total expenses
$9.6M
Net assets
$119.6M
Grants received
$15.7M
267 grants
EIN
520939453
Tax year
2023
Mission
To raise, invest, and disburse funds for the benefit of towson university.
Programs
3 programs
University 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.
Athletic 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).
The $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.
Financials
FY 2023
Revenue
Expenses
People
29 listed
KIM A FABIAN
VICE PRESIDENT
—
1 hrs/wk
EDNA PRIMROSE
PRESIDENT
—
4 hrs/wk
SALVATORE CORRENTI
VICE PRESIDENT
—
1 hrs/wk
DAVID M VAHOS
VICE PRESIDENT
—
1 hrs/wk
CHRISTOPHER J CAVALLARO
SECRETARY
—
1 hrs/wk
CHRISTOPHER S EVANS
TREASURER
—
1 hrs/wk
RAYMOND J BRUSCA
DIRECTOR
—
0.5 hrs/wk
THOMAS COARD
DIRECTOR
—
0.5 hrs/wk
IRA W COX
DIRECTOR
—
0.5 hrs/wk
DOUGLAS F ERDMAN
DIRECTOR
—
0.5 hrs/wk
PAUL-SEAN GRAY
DIRECTOR
—
0.5 hrs/wk
ANTHONY HAMLETT SR
DIRECTOR
—
0.5 hrs/wk
STEPHANIE JOHNSON
DIRECTOR
—
0.5 hrs/wk
PATRICIA HOGE
VICE PRESIDENT
—
1 hrs/wk
PHYLICIA PORTER
DIRECTOR
—
0.5 hrs/wk
EDWARD MCDONALD
DIRECTOR
—
0.5 hrs/wk
DAVID DIAZ
DIRECTOR
—
0.5 hrs/wk
SUSAN J GANTZ
DIRECTOR
—
0.5 hrs/wk
SHANNA N WARBURTON-BARNES
DIRECTOR
—
0.5 hrs/wk
DENNY B MATHER
DIRECTOR
—
0.5 hrs/wk
NANCY GRASMICK
DIRECTOR
—
0.5 hrs/wk
STEVEN E PECK
DIRECTOR
—
0.5 hrs/wk
DEBORA A PLUNKETT
DIRECTOR
—
0.5 hrs/wk
SHERMAN L RAGLAND
DIRECTOR
—
0.5 hrs/wk
JEFF S ROSEN
DIRECTOR
—
0.5 hrs/wk
THOMAS B SMYTH
DIRECTOR
—
0.5 hrs/wk
EILEEN AUEN
DIRECTOR
—
0.5 hrs/wk
ERIC M KRUK
DIRECTOR
—
0.5 hrs/wk
JOHN J MEASE JR
VICE PRESIDENT/ CFO
$185K
50 hrs/wk
Independent contractors
ARAMARK EDUCATIONAL SERVICES
CATERING
Grants received
Showing 200 of 267
Funded by
$15.7M from 89 funders · 267 grants · 2017–2024
$3.8M · 5 grants · 2019–2023
$2.4M · 4 grants · 2020–2024
$2.3M · 8 grants · 2017–2023
$2.2M · 7 grants · 2017–2023
$1.4M · 3 grants · 2020–2023
$341K · 8 grants · 2017–2021
$260K · 6 grants · 2018–2023
$200K · 1 grant · 2023