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...
Fri, Jul 10, 2020 at 10:51 AM
The USM Foundation accepts monies via check, money order, credit card (MasterCard, Visa, American Express), EFT/ACH, wire transfer, and publicly traded stoc...
Fri, Jul 10, 2020 at 10:53 AM
Checks may be accepted for processing if they are made payable as one of the following: University System of Maryland Foundation, Inc University System of ...
Fri, Jul 10, 2020 at 11:01 AM
The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle cardholder information for the ...
Fri, Jul 10, 2020 at 11:03 AM
Contributions may be received by a USM institution, school, department, or directly at the USM Foundation Business Office. Upon receipt of a contribu...
Fri, Jul 10, 2020 at 11:07 AM
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 d...
Fri, Jul 10, 2020 at 11:11 AM
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...
Fri, Jul 10, 2020 at 11:13 AM
The USM Foundation processes contributions from state employees received through payroll deductions. Each USM institution is responsible for securing th...
Fri, Jul 10, 2020 at 11:15 AM
The USM Foundation participates in the Maryland Charities Campaign (MCC) and the Combined Federal Campaign (CFC). Maryland Charities Campaign (MCC):...
Fri, Jul 10, 2020 at 11:17 AM
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...
Fri, Jul 10, 2020 at 11:18 AM