The State University College At Oneonta Foundation Corporation

Organization Overview

The State University College At Oneonta Foundation Corporation is located in Oneonta, NY. The organization was established in 1982. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. State University College At Oneonta Foundation Corporation 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 06/2022, State University College At Oneonta Foundation Corporation generated $10.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $5.5m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE AND ADMINISTER GIFTS AND GRANTS TO ENHANCE THE ACADEMIC STATUS OF THE COLLEGE THROUGH ENDOWMENTS, SCHOLARSHIPS, AND INSTITUTIONAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENDOWMENT - PROVIDED OVER 1,000 SCHOLARSHIPS, AWARDS, AND SUPPORT TO VARIOUS PROGRAM ACTIVITIES SPECIFIC TO THE STATE UNIVERSITY COLLEGE AT ONEONTA.


CAMPUS PROGRAMS - PROVIDE FUNDS TO ACADEMIC PROGRAMS INCLUDING THE BIOLOGICAL FIELD STATION, MILNE LIBRARY, SCIENCE DISCOVERY CENTER, AND OTHER ACTIVITIES.


FUND FOR ONEONTA - PROVIDE FUNDS FOR SCHOLARSHIPS, STUDENT AND FACULTY RESEARCH AWARDS, AND CAMPUS SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
James Doig
President
$0
Carol Denson
Secretary
$0
Paul Adamo
Executive Director (ex-Officio)
$0
Dean Davis
Vice President
$0
Julie Piscitello
Treasurer (ex-Officio)
$0
James Ajello
Director
$0

Financial Statements

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$4,608,450
Noncash contributions included in lines 1a–1f $144,086
Total Revenue from Contributions, Gifts, Grants & Similar$4,608,450
Total Program Service Revenue$0
Investment income $975,260
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,803,181
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,409,847

Grants Recieved

Over the last fiscal year, we have identified 18 grants that The State University College At Oneonta Foundation Corporation has recieved totaling $271,731.

Awarding OrganizationAmount
Suny Impact Foundation Inc

New York, NY

PURPOSE: NYS TAX CREDIT DONATIONS: VARIOUS

$108,509
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: ESTABLISHING AN ENDOWED SCHOLARSHIP IN HONOR OF DR. JANE NEPKIE

$100,000
Oconnor Foundation

Delhi, NY

PURPOSE: SCHOLARSHIPS

$30,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$15,050
Oconnor Foundation

Delhi, NY

PURPOSE: MASTERS IN EDUCATION-SCHOLARSHIPS

$12,500
The Central National-Gottesman Foundation

Purchase, NY

PURPOSE: COLLEGE TUITION

$4,150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$75,888,995
Earnings-$9,630,985
Net Contributions$3,150,986
Other Expense$2,800,898
Ending Balance$66,608,098

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