Financials
University of Baltimore Foundation and University Properties
Combined Statements of Financial Position
June 30, 2014 and 2013
| ASSETS | 2014 | 2013 |
| Cash and Cash Equivalents | $10,699,703 | $11,784,329 |
| Investments | 47,581,864 | 42,058,673 |
| Pledges Receivable | 6,952,141 | 7,886,934 |
| Loans Receivable | 0 | 1,020,607 |
| Land and Buildings | 381,842 | 426,412 |
| Collections | 454,284 | 439,284 |
| Other | 109,364 | 35,840 |
| Total | $66,179,198 | $63,652,079 |
| LIABILITIES AND NET ASSETS | ||
| Liabilities | $1,140,021 | $3,604,542 |
| Net Assets | ||
| Unrestricted | 6,502,767 | 6,947,467 |
| Temporarily Restricted | 22,437,657 | 17,678,340 |
| Permanently Restricted | 36,098,753 | 35,421,730 |
| Total Net Assets | 65,039,177 | 60,047,537 |
| Total | $66,179,198 | $63,652,079 |
Consolidated Statements of Activities for the years ended
June 30, 2014 and 2013
| REVENUES | ||
| Contributions and Grants | $3,777,503 | $8,587,078 |
| Investment Income | 674,130 | 476,098 |
| Other Income | 80,842 | 89,278 |
| Realized and Unrealized Gains and (Losses) on Investments, Net | 5,629,320 | 3,584,796 |
| Total Revenues | $10,161,795 | $12,737,250 |
| EXPENSES | ||
| Program | $4,312,385 | $19,298,111 |
| General and Administrative | 605,130 | 593,024 |
| Fundraising | 252,640 | 293,192 |
| Total Expenses | $5,170,155 | $20,184,327 |
| Change in Net Assets | $4,991,640 | $(7,447,077) |