Salisbury University Foundation Inc.

“The organization's executive director and board treasurer review the form 990 before it is filed.”

“Officers and directors are required to fill out a form annually disclosing any conflicts of interest. The organization monitors and enforces compliance on a regular basis. If a situation arises regarding a conflict of interest, the organization's executive committee will discuss the situation and make a decision regarding the matter.”

“The organization's financial statements are available to view on its website. Its governing documents and conflict of interest policy are available upon request.”

“The organization's executive director and board treasurer review the form 990 before it is filed.”

“Officers and directors are required to fill out a form annually disclosing any conflicts of interest. The organization monitors and enforces compliance on a regular basis. If a situation arises regarding a conflict of interest, the organization's executive committee will discuss the situation and make a decision regarding the matter.”

“The organization's financial statements are available to view on its website. Its governing documents and conflict of interest policy are available upon request.”

“Salisbury university foundation, inc. Is affiliated with a state of maryland institution (salisbury university), and it abides by the state institution's standard compensation schedules. The foundation reimburses salisbury university for all personnel costs.”

“Event costs: program service expenses 120,093. Management and general expenses 7,363. Fundraising expenses 24,431. Total expenses 151,887. Honorariums: program service expenses 100,525. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,525. Meals and entertainment: program service expenses 89,884. Management and general expenses 4,437. Fundraising expenses 105. Total expenses 94,426. Uniforms: program service expenses 58,853. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,853. Gift in kind transactions: program service expenses 46,327. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,327. Dues subscriptions and fees: program service expenses 30,788. Management and general expenses 15,118. Fundraising expenses 0. Total expenses 45,906. Donations: program service expenses 23,489. Management and general expenses 1,400. Fundraising expenses 0. Total expenses 24,889. Programs/outreach: program service expenses 23,247. Management and general expenses 1,000. Fundraising expenses 0. Total expenses 24,247. Credit card charges: program service expenses 3,505. Management and general expenses 18,711. Fundraising expenses 0. Total expenses 22,216. Miscellaneous: program service expenses 21,335. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,335. Sports officials: program service expenses 7,885. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,885. Faculty development: program service expenses 2,704. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,704. Bad debt expense: program service expenses 1,780. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,780. Art collections: program service expenses 1,140. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,140. Property taxes: program service expenses 0. Management and general expenses 300. Fundraising expenses 0. Total expenses 300. Public relations: program service expenses 187. Management and general expenses 0. Fundraising expenses 0. Total expenses 187. Sales tax: program service expenses 43. Management and general expenses 0. Fundraising expenses 0. Total expenses 43.”

“Change in value of split interest agreement 31,238.”

“Primary activity of salisbury university real estate foundation, inc. - to produce funds to promote the educational, scientific & charitable purposes of salisbury university.”