Foundation Of Fulton-Montgomery Community College Inc is located in Johnstown, NY. The organization was established in 1983. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of Fulton-Montgomery Community College Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Foundation Of Fulton-Montgomery Community College Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $576.1k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FINANCIAL AND EDUCATIONAL SUPPORT TO THE FULTON MONTGOMERY COMMUNITY COLLEGE OF JOHNSTOWN, NEW YORK
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENTS MADE FOR SCHOLARSHIPS AND AWARDS TO FULTON-MONTGOMERY COMMUNITY COLLEGE STUDENTS, AND TO PURCHASE MATERIALS AND EQUIPMENT FOR EDUCATIONAL PROGRAMS TO BENEFIT ALL STUDENTS AND IMPROVE STUDENT LIFE AT FULTON- MONTGOMERY COMMUNITY COLLEGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Lesniewski Treasurer | OfficerTrustee | $0 | |
Max Spritzer Vice Chairpe | OfficerTrustee | $0 | |
William Winsman Chairperson | OfficerTrustee | $0 | |
Larry Zuckerman Secretary | OfficerTrustee | $0 | |
Dr Gregory Truckenmiller President | Trustee | $0 | |
Lesley Lanzi Executive Di | Trustee | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $455,545 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $455,545 |
Total Program Service Revenue | $0 |
Investment income | $131,686 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,041,197 |
Net Income from Fundraising Events | $19,054 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,647,482 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $240,757 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $100,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,258 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $32,997 |
Fees for services: Other | $1,308 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,412 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $500 |
All other expenses | $0 |
Total functional expenses | $576,083 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $308,580 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $93,119 |
Accounts receivable, net | $1,200 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $360,714 |
Investments—publicly traded securities | $5,467,305 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,230,918 |
Accounts payable and accrued expenses | $300 |
Grants payable | $0 |
Deferred revenue | $5,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,300 |
Net assets without donor restrictions | $1,071,648 |
Net assets with donor restrictions | $5,153,970 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,230,918 |
Over the last fiscal year, we have identified 6 grants that Foundation Of Fulton-Montgomery Community College Inc has recieved totaling $159,059.
Awarding Organization | Amount |
---|---|
Johnstown Hospital Foundation Inc Johnstown, NY PURPOSE: VARIOUS | $130,000 |
Frank E Perrella Charitable Tr Norwich, NY PURPOSE: GENERAL OPERATING | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,289 |
American Tower Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $5,000 |
Burton And Wemple Scholarship Fund Uw Norwich, NY PURPOSE: SCHOLARSHIP | $3,470 |
American Tower Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $300 |
Organization Name | Assets | Revenue |
---|---|---|
Pittsburgh Foundation Pittsburgh, PA | $1,354,368,497 | $110,535,351 |
Hartford Foundation For Public Giving Hartford, CT | $1,125,106,021 | $82,935,365 |
Philadelphia Foundation Philadelphia, PA | $669,216,014 | $72,684,648 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Community Foundation For Greater New Haven New Haven, CT | $745,279,119 | $58,670,540 |
Jewish Community Foundation Of Greater Metrowest Nj Whippany, NJ | $441,552,124 | $46,022,571 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Fairfield Countys Community Foundation Inc Norwalk, CT | $264,164,706 | $42,534,303 |
Vermont Community Foundation Middlebury, VT | $310,876,312 | $39,275,546 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |