Revenue Policies
The major source of revenue for the USM Foundation is from individual, corporate, or foundation contributions and grants. Revenue is also received from special fundraising events, auctions, raffles, sales of merchandise, fees for conferences and seminars, affiliate programs, fees for performance, etc. These policies ensure that all revenue is properly solicited and accepted, promptly deposited, recorded, and acknowledged, and managed to comply with any and all donor restrictions.
The University System of Maryland (USM) Board of Regents Policy on Affiliated Foundations (http://www.usmd.edu/regents/bylaws/SectionIX/IX200.html) requires...
Wed, Jul 16, 2025 at 1:59 PM
The USM Foundation accepts monies via check, money order, credit card (MasterCard, Visa, American Express), EFT/ACH, wire transfer, and publicly traded stoc...
Wed, Jul 16, 2025 at 2:00 PM
If a check is made payable to an institutional program or to the institution itself, and the check is for a program/activity for which the USM Foundation ha...
Wed, Jul 16, 2025 at 2:03 PM
The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle cardholder information for the ...
Wed, Jul 16, 2025 at 2:05 PM
Contributions may be received by a USM institution, school, department, or directly at the USM Foundation Business Office. Upon receipt of a contributio...
Wed, Jul 16, 2025 at 2:06 PM
A matching gift is a charitable gift made to a non-profit organization by a matching donor (usually an employer) under the provision that the original do...
Wed, Jul 16, 2025 at 2:16 PM
Bank transfers may be used to deposit money with the USM Foundation. It is necessary to request bank transfer instructions prior to each transfer as the typ...
Wed, Jul 16, 2025 at 2:17 PM
The USM Foundation processes contributions from state employees received through payroll deductions. Each USM institution is responsible for securing the ap...
Wed, Jul 16, 2025 at 2:20 PM
The USM Foundation participates in the Maryland Charities Campaign (MCC) and the Combined Federal Campaign (CFC). Maryland Charities Campaign (MCC): ...
Wed, Jul 16, 2025 at 2:23 PM
Gifts of publicly traded stocks, bonds, and mutual funds are welcome. Upon receipt of these gifts the stocks, bonds or mutual funds are immediately sold. Fo...
Wed, Jul 16, 2025 at 2:24 PM