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Financials

University of Baltimore Foundation and University Properties

Combined Statements of Financial Position
June 30, 2013 and 2012

ASSETS 2013 2012
Cash and Cash Equivalents $11,784,329 $19,764,831
Investments 42,058,673 40,471,260
Pledges Receivable 7,886,934 5,757,486
Loans Receivable 1,020,607 982,594
Land, Buildings, Furniture and Equipment 426,412 932,001
Collections 439,284 439,284
Other 35,840 74,869
Total $63,652,079 $68,422,325
     
LIABILITIES AND NET ASSETS    
Liabilities $3,604,542 $927,711 
Net Assets     
Unrestricted  6,947,467 7,687,438 
Temporarily Restricted 17,678,340  25,148,826 
Permanently Restricted 35,421,730  34,658,350 
 Total Net Assets 60,047,537  67,494,614 
 Total $63,652,079  $68,422,325
     
Consolidated Statements of Activities
for the years ended June 30, 2013 and 2012
   
REVENUES 2013 2012 
Contributions and Grants $8,587,078  $4,213,814 
Investment Income 476,098  451,148 
Other Income 89,278 112,016
Realized and Unrealized Gains and (Losses) on Investments, Net 3,584,796  (1,368,360) 
Gain on Sale of Property  0 677,521 
Total Revenues  $12,737,250 $4,086,139 
     
EXPENSES    
Program $19,610,037  $2,165,881 
General and Administrative 316,715 339,141 
Fundraising 257,575  252,155 
Total Expenses $20,184,327 $2,757,177 
     
Change in Net Assets ($7,447,077)  $1,328,962 

 

 

University of Baltimore

University of Baltimore Foundation

1130 N. Charles St. Baltimore, MD 21201

  • 410.837.6170
  • ubfoundation@ubalt.edu
  • www.ubfoundation.com
Last Published 10/22/15