Financials
University of Baltimore Foundation and University Properties
Combined Statements of Financial Position
June 30, 2015 and 2014
| ASSETS | 2015 | 2014 |
| Cash and Cash Equivalents | $9,363,264 | $10,699,703 |
| Investments | 50,929,096 | 47,581,864 |
| Pledges Receivable | 4,728,101 | 6,952,141 |
| Land and Buildings | 318,318 | 381,842 |
| Collections | 454,284 | 454,284 |
| Other | 157,090 | 109,364 |
| Total | $65,950,153 | $66,179,198 |
| LIABILITIES AND NET ASSETS | ||
| Liabilities | $1,325,056 | $1,140,021 |
| Net Assets | ||
| Unrestricted | 6,606,227 | 6,502,767 |
| Temporarily Restricted | 20,639,762 | 22,437,657 |
| Permanently Restricted | 37,379,108 | 36,098,753 |
| Total Net Assets | 64,625,097 | 65,039,177 |
| Total | $65,950,153 | $66,179,198 |
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Consolidated Statements of Activities for the years ended June 30, 2015 and 2014 |
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| REVENUES | 2015 |
2014 |
| Contributions and Grants | $2,995,243 | $3,777,503 |
| Investment Income | 394,166 | 674,130 |
| Other Income | 167,662 | 80,842 |
| Realized and Unrealized Gains and (Losses) on Investments, Net | 1,084,728 | 5,629,320 |
| Gain on Sale of Property | 287,430 | - |
| Total Revenues | $4,929,229 | $10,161,795 |
| EXPENSES | ||
| Program | $4,567,172 | $4,312,385 |
| General and Administrative | 496,235 | 605,130 |
| Fundraising | 279,902 | 252,640 |
| Total Expenses | $5,343,309 | $5,170,155 |
| Change in Net Assets | $(414,080) | $4,991,640 |