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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
     
Consolidated Statements of Activities
for the years ended June 30, 2015 and 2014
   
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
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 11/4/15