Endowment / Foundation

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University of Maryland Medical System Foundation

The University of Maryland Medical System Foundation operates as the primary philanthropic arm of the University of Maryland Medical Center, structuring its...

University of Maryland Medical System Foundation logo

University of Maryland Medical System Foundation

The University of Maryland Medical System Foundation operates as the primary philanthropic arm of the University of Maryland Medical Center, structuring its work around major capital campaigns and targeted disease-specific initiatives. The Foundation channels private donations into hospital infrastructure, endowed chairs, and patient care programs across the medical center's downtown Baltimore campus. Its signature "Building for Life" campaign, chaired by former University System of Maryland Chancellor William "Brit" Kirwan, reflects a long-running effort to modernize the physical plant of one of the nation's oldest teaching hospitals. The Foundation works alongside the medical center's president and CEO, Bert W. O'Malley MD, to align donor priorities with clinical strategy. The Foundation's asset base supports a spending policy that underwrites hospital operations, research accelerators, and specialized treatment centers. A notable beneficiary is the Stoler Center for Advanced Medicine, anchored by a major gift from Roslyn and Leonard Stoler, which consolidates outpatient cancer care, imaging, and specialty clinics in a single facility. Complementary funding streams flow from long-standing Baltimore philanthropic partners including the Abell Foundation, which co-invests in community health initiatives. The Foundation's geographic focus concentrates on the Baltimore-Washington corridor, reflecting UMMS's role as the region's safety-net hospital and tertiary referral destination. The Foundation maintains a lean governance structure under Gossett, a serial donor and trustee whose influence extends to the University of Maryland College Park Foundation. Its endowment fund, held within the Foundation's Baltimore headquarters, supports an institution that was the birthplace of shock trauma care — the R Adams Cowley Shock Trauma Center — and remains one of the busiest organ transplant centers in the United States. March 2022: The Foundation and medical center announced the completion of the Roslyn and Leonard Stoler Pavilion, capping a multi-year effort to bring comprehensive ambulatory oncology services under one roof on the downtown campus. What distinguishes the Foundation structurally is its tight coupling to a single, urban academic medical center rather than operating as a university-wide development office. While most university foundations spread capital across multiple schools and departments, this Foundation concentrates resources exclusively on the medical center's clinical and research priorities. That focused mandate creates an unusually direct line between a major donor's check and a specific MRI suite, research lab, or patient tower — a structural feature that shapes both its fundraising pitch and its capital allocation logic.

General information

Firm type

Endowment / Foundation

Year founded

2000

Location

Region

North America

Country

United States

City

Baltimore

Corporate office

Baltimore, MD, United States

Principals

Barry P. Gossett

Chairman of the Board of Directors

William "Brit" Kirwan

Vice Chair and Building for Life Campaign Chairman

Bert W. O'Malley MD

Director and President/CEO of the University of Maryland Medical Center

Sector focus

Healthcare ServicesEducation

Frequently asked questions

How does the Foundation relate to the University of Maryland Medical Center?

The Foundation is the primary fundraising entity for the University of Maryland Medical Center, operating as a supporting organization. Its board is chaired by Barry P. Gossett, with the medical center's president and CEO, Bert W. O'Malley MD, serving as a director. Donor funds flow directly into the medical center's capital budget, clinical programs, and endowed chairs rather than into a broader university endowment.

Who sits on the Foundation's board and makes granting decisions?

Chairman Barry P. Gossett, a prominent Baltimore philanthropist and University of Maryland College Park Foundation trustee, leads the board. Vice Chair William "Brit" Kirwan, former Chancellor of the University System of Maryland, chairs the Foundation's Building for Life campaign. Bert W. O'Malley MD, who runs the medical center, serves as a director, ensuring clinical leadership has direct input on capital allocation.

What is the Foundation's largest recent capital project?

The Roslyn and Leonard Stoler Center for Advanced Medicine, completed in phases and anchored by a major gift from Roslyn and Leonard Stoler, represents the Foundation's most visible recent capital achievement. The facility consolidates outpatient oncology, advanced imaging, and multidisciplinary specialty clinics at the downtown Baltimore campus.

Does the Foundation fund programs beyond the downtown Baltimore campus?

The Foundation concentrates its resources on the University of Maryland Medical Center's flagship downtown campus, a Level I trauma center and teaching hospital for the University of Maryland School of Medicine. Its geographic reach is the Baltimore-Washington corridor, where the medical center serves as both a safety-net provider and a regional tertiary referral destination.

Who are the Foundation's most significant philanthropic partners?

Beyond the Stoler family's transformational oncology gift, the Abell Foundation is a frequent co-investor, particularly in Baltimore-based community health initiatives. The Foundation's donor base draws from the Baltimore-Washington philanthropic community, with a concentration of medical professionals and grateful patients of the University of Maryland Medical Center.

Does the Foundation participate in fund commitments or direct investments?

The Foundation operates as a traditional healthcare philanthropy — it does not make private equity commitments, venture investments, or direct company investments. Its granting activity is limited to the University of Maryland Medical Center, funding capital projects, equipment, research programs, and endowed clinical chairs that sit on the medical center's balance sheet.

How does the Foundation's endowment spending policy work?

The Foundation maintains an endowment fund that supports its annual grantmaking rhythm. Specific spending rate and asset allocation details are not publicly disclosed. As a supporting organization for UMMS, the Foundation's distributions are restricted to the medical center's tax-exempt purposes and major capital campaigns, monitored by a board that includes both independent philanthropists and the hospital's senior executive.

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