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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Doig President | OfficerTrustee | 1 | $0 |
Carol Denson Secretary | OfficerTrustee | 1 | $0 |
Paul Adamo Executive Director (ex-Officio) | OfficerTrustee | 1 | $0 |
Dean Davis Vice President | OfficerTrustee | 1 | $0 |
Julie Piscitello Treasurer (ex-Officio) | OfficerTrustee | 1 | $0 |
James Ajello Director | Trustee | 1 | $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 | $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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $351,757 |
Grants and other assistance to domestic individuals. | $2,607,710 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,950 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $80,675 |
Fees for services: Other | $38,676 |
Advertising and promotion | $0 |
Office expenses | $50,363 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $33,634 |
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 | $48,455 |
Insurance | $34,191 |
All other expenses | $177,515 |
Total functional expenses | $5,475,087 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $746,009 |
Savings and temporary cash investments | $545,311 |
Pledges and grants receivable | $6,081,004 |
Accounts receivable, net | $0 |
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 | $1,273,455 |
Investments—publicly traded securities | $59,976,411 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,962,793 |
Total assets | $71,584,983 |
Accounts payable and accrued expenses | $9,597 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $157,296 |
Total liabilities | $166,893 |
Net assets without donor restrictions | $12,950,220 |
Net assets with donor restrictions | $58,467,870 |
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 | $71,584,983 |
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 Organization | Amount |
---|---|
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 |
Beg. Balance | $75,888,995 |
Earnings | -$9,630,985 |
Net Contributions | $3,150,986 |
Other Expense | $2,800,898 |
Ending Balance | $66,608,098 |
Organization Name | Assets | Revenue |
---|---|---|
Hunter College Foundation Inc New York, NY | $144,509,988 | $37,248,838 |
The American Friends Of Winchester College New York, NY | $259,900 | $15,435,931 |
Friends Of@ascend Charter Schools Inc Brooklyn, NY | $51,013,536 | $16,135,870 |
Rowan University Foundation Inc Glassboro, NJ | $339,808,677 | $39,224,287 |
Equitable Facilities Fund Inc New York, NY | $843,754,758 | $34,535,002 |
Dudley Square Realty Corporation Boston, MA | $98,074,702 | $123 |
Stockton Affiliated Services Inc Galloway, NJ | $3,017,488 | $12,674,409 |
Auxiliary Campus Enterprises And Services State University College Alfred, NY | $11,814,689 | $16,740,654 |
College Of Staten Island Auxiliary Services Corp Inc Staten Island, NY | $62,695,629 | $9,780,570 |
American Friends Of The National Gallery London Inc New York, NY | $305,852,204 | $2,300,126 |
Auxiliary Services Corporation Of Suny Cortland Cortland, NY | $19,099,097 | $10,450,642 |
The Roosevelt Institute New York, NY | $39,947,474 | $14,561,739 |