Foundation Terminology

Quasi-endowment

This is a hybrid of an Operating Account and an Endowment. It functions as an operating account but is invested in the endowment pool.

Quid Pro Quo Contribution

This is a payment a donor makes to a charity partly as a contribution and partly for goods or services. For example, if a donor gives the Foundation $100 and receives an event ticket valued at $40, the donor has made a quid pro quo contribution. Only $60 is considered a gift for tax purposes. 

Our Vision

Our vision is to attract broad resources that transform the USM and its institutions, create a network of advocates to embrace the USM’s role as an educator and economic engine, and to grow a long-term, sustainable culture of philanthropy across the University System of Maryland.

Learn More About USMF