Since 1979, the University System of Maryland Foundation has managed and administered funds for the benefit of institutions and foundations affiliated with the University System of Maryland. The USM Foundation has expanded its services over the years to include grants administration, gift administration, and payroll services. We work closely with our affiliated institutions and have carefully cultivated relationships throughout the System to support a culture of giving.
The USM Foundation manages an endowment pool of approximately $963 million, with just over 3,700 individual endowment accounts for 23 institutions. Distributions to these institutions support students, faculty, research, facilities, and special initiatives, with more than 1,300 student support funds used for scholarship opportunities throughout the USM. The USM Foundation also provides various trainings, including board member retreats, account administrator training, and professional development programs for fundraising and development staff.
A Board of Directors that is made up of more than 50 voting members who represent our USM clients governs the organization. The USM Foundation staff is headquartered near the University of Maryland, College Park campus in Adelphi, Maryland.