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Passes our checks

Morgan State University Foundation Incorporated

EIN 23-7089143 · Baltimore, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MORGAN STATE UNIVERSITY FOUNDATION, INC. IS A SEPARATELY INCORPORATED NONPROFITORGANIZED FOR THE PURPOSE OF PROMOTING THE GROWTH, PROGRESS, AND GENERAL WELFARE OF MORGAN STATEUNIVERSITY. THE FOUNDATION WAS ESTABLISHED IN 1971 AS A 501C3 NOT-FOR-PROFIT CORPORATION TO ADVANCETHE UNIVERSITY'S MISSION OF TEACHING, RESEARCH, AND COMMUNITY OUTREACH BY RAISING AND MANAGINGPRIVATE FUNDS FOR SCHOLARSHIPS, FACULTY, RESEARCH, FACILITIES, AND ACADEMIC PROGRAMS. THE FOUNDATIONRECEIPTS, RECORDS, AND DISTRIBUTES GIFTS AND GRANTS FROM PRIVATE (NON-GOVERNMENTAL) SOURCES, SUCH ASALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS. GIFTS MADE THROUGH THE FOUNDATION ARE TAXDEDUCTIBLE TO THE FULL EXTENT PROVIDED BY LAW AND ARE DISTRIBUTED IN ACCORDANCE WITH DONOR INTENTIONS.THE FOUNDATION ADDRESSES THE NEEDS OF THE UNIVERSITY COMMUNITY IN AREAS WHERE GOVERNMENT FUNDINGIS LIMITED OR UNAVAILABLE. IT IS THROUGH THE FOUNDATION THAT MORGAN STATE UNIVERSITY SEEKS TO IDENTIFYAND MAINTAIN PRIVATE SUPPORTERS WH

Income
$17.8 million
Spending
$16.3 million
Spent on programs
92%
Reserves
3 months of spending
Largest source of income
donations and private grants, 94%
Employees
0
Volunteers
0

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 62% of charities in its peer group (education, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.0 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 8% of income.

  • Income trend

    0 of 15

    Income fell 35% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100. Higher than 37% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $14.6 million spent. TO PROVIDE GRANTS AND SCHOLARSHIP ASSISTANCE TO STUDENTS ATTENDING MORGAN STATE UNIVERSITY
  2. $301,043 spent. TO PROVIDE FINANCIAL SUPPORT FOR MORGAN STATE UNIVERSITY STUDENTS AND PROGRAMS

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1970.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.