UNIVERSITY AT ALBANY FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY AT ALBANY FOUNDATION (EIN 14-1503972)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-09
- IRS object ID
- 202401309349303355
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-09T12:28:37-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161131146 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 SULLYS TRAIL | AddressLine1Txt |
| City | PITTSFORD | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141503972 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY AT ALBANY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 5184375090 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVENUE UAB 226 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12222 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FARDIN SANAI | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5184375090 | PhoneNum |
| Signature | 2024-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FARDIN | PersonFirstNm |
| Person Last | SANAI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GRACE GONZALEZ | PreparerPersonNm |
| PTIN | P01357170 | PTIN |
| Phone | 5853811000 | PhoneNum |
| Preparation | 2024-05-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FARDIN SANAI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVENUE UAB 226 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,717,880 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ALBANY.EDU/UAFOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1967 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE UNIVERSITY AT ALBANY FOUNDATION IS TO ENCOURAGE, RECEIVE, ACCEPT, HOLD, INVEST, AND MANAGE MONEY AND PROPERTY OF EVERY DESCRIPTION, AND THE DISBURSEMENT THEREOF FOR THE PROMOTION, DEVELOPMENT ANDADVANCEMENT OF THE WELFARE OF THE STATE UNIVERSITY OF NEW YORK AT ALBANY (UNIVERSITY), ITS STUDENTS, FACULTY, STAFF AND ALUMNI, AND ANY OTHER ORGANIZATION, QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE AND ITS REGULATIONS, WHICH HAS AMONG ITS CORPORATE PURPOSES PROVIDING ASSISTANCE TO THE UNIVERSITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 38 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | -$41,407 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,225,824 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,497,131 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $684,262 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $775,173 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,612,687 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,921,394 | CYInvestmentIncomeAmt |
| PY Other Revenue | $697,662 | PYOtherRevenueAmt |
| CY Other Revenue | -$361,312 | CYOtherRevenueAmt |
| PY Total Revenue | $16,220,435 | PYTotalRevenueAmt |
| CY Total Revenue | $23,832,386 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,492,006 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,418,362 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $786,401 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $844,532 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $22,500 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $37,500 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $649,014 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,473,727 | PYOtherExpensesAmt |
| CY Other Expenses | $4,914,558 | CYOtherExpensesAmt |
| PY Total Expenses | $8,774,634 | PYTotalExpensesAmt |
| CY Total Expenses | $10,214,952 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,445,801 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,617,434 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $162,512,695 | TotalAssetsBOYAmt |
| Total Assets EOY | $183,740,004 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,562,329 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,290,515 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $148,950,366 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $170,449,489 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,266,367 | ExpenseAmt |
| Grant | $4,418,362 | GrantAmt |
| Revenue | $255,480 | RevenueAmt |
| Desc | HIGHER EDUCATION PROGRAM ADMINISTER FUNDS FOR THE PROMOTION, DEVELOPMENT AND ADVANCEMENT OF THE WELFARE OF THE UNIVERSITY AT ALBANY, SUNY, ITS STUDENTS, FACULTY, STAFF AND ALUMNI. SCHOLARSHIPS, AWARDS, AND EMERGENCY STUDENT ASSISTANCE WERE PROVIDED TO 3,285 INDIVIDUALS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $519,693 | RevenueAmt |
| Desc | ADMINISTRATIVE SERVICES PROVIDE MANAGEMENT AND ACCOUNTING SERVICES TO ORGANIZATIONS WHOSE PURPOSE IS TO ADVANCE THE EDUCATIONAL AND RESEARCH MISSION OF THE STATE UNIVERSITY OF NEW YORK AND THE STATE UNIVERSITY OF NEW YORK AT ALBANY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,266,367 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 249 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 38 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD MCGINN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5184375090 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVENUE UAB 226 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| HAVIDAN RODRIGUEZ | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $6,156 | $0 | $0 | ||
| GEORGE HEARST III | ||||||||
| PRESIDENT | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| LEWIS WIENER | ||||||||
| VICE PRESIDENT | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JEFFREY BLACK | ||||||||
| TREASURER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| BRIAN STRAUGHTER | ||||||||
| SECRETARY | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| NOLAN ALTMAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL BORYS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER BULGER | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL CASTELLANA | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SAUL CURTIS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN DENNIS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS DESORBO | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIANNA DEFEO | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ELDA DI RE | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA FUND | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY HAGGERTY | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEITH HYNES | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SHARON KANTOR | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY KNAPP | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROANNE KULAKOFF | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM LANFORD | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARYANNE LAVAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MEG PICOTTE MACCLARENCE | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN NAUMANN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM NEWMAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL NOLAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBRA POLLARD | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KIMBERLY SANGER JONES | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT SCHWARTZ | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA STAFFORD | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN SHIPHERD | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MAUREEN SWEENEY | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD SWYER | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL WEILHEIMER | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK YANG | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD FOREMAN | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN JONES | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CANON KAY HOTALING | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD MCGINN JR | ||||||||
| CHIEF FINANCIAL OFFICER | 24.37 | 13.13 | $224,993 | $0 | $24,368 | Yes (X) | ||
| FARDIN SANAI | ||||||||
| EXECUTIVE DIRECTOR | 5.00 | 1.00 | $14,846 | $0 | $0 | Yes (X) | ||
| CHRISTOPHER LOSAVIO | ||||||||
| CONTROLLER | 30.00 | 7.50 | $136,048 | $0 | $14,787 | Yes (X) | ||
| FRANCIS ZERONDA | ||||||||
| ADMINISTRATIVE COUNSEL | 0.00 | 30.00 | $114,295 | $0 | $12,873 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $496,338 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $52,028 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRIME BUCHHOLZ LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 16011 | AddressLine1Txt |
| City | LEWISTON | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04243 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT CONSULTANT | ServicesDesc |
| Compensation | $149,795 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $156,591 | FundraisingAmt |
| All Other Contributions | $21,340,540 | AllOtherContributionsAmt |
| Noncash Contributions | $175,723 | NoncashContributionsAmt |
| Total Contributions | $21,497,131 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMIN FEE INCOME | 561000 | $519,693 | $519,693 |
| PROGRAM ACTIVITIES AND OTHER REVE | 611710 | $255,480 | $255,480 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $775,173 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,920,459 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$101,467 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,021,926 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $58,134 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $368,989 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$310,855 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$310,855 | TotalRevenueColumnAmt |
| Exclusion | -$310,855 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $418,336 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $417,401 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $935 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $935 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $60,060 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$59,125 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $48,647 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $156,591 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $99,104 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$50,457 | TotalRevenueColumnAmt |
| Exclusion | -$50,457 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,832,386 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $775,173 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$41,407 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,601,489 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $486,931 | TotalAmt |
| Program Services | $486,931 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,931,431 | TotalAmt |
| Program Services | $3,931,431 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,455 | TotalAmt |
| Program Services | $4,704 | ProgramServicesAmt |
| Management And General | $270,751 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,450 | TotalAmt |
| Management And General | $421,450 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,167 | TotalAmt |
| Management And General | $41,167 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,907 | TotalAmt |
| Management And General | $60,907 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,553 | TotalAmt |
| Management And General | $45,553 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160 | TotalAmt |
| Management And General | $160 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,710 | TotalAmt |
| Management And General | $101,710 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,000 | TotalAmt |
| Program Services | $33,000 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,500 | TotalAmt |
| Fundraising | $37,500 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,576 | TotalAmt |
| Management And General | $162,576 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $775,213 | TotalAmt |
| Program Services | $748,294 | ProgramServicesAmt |
| Management And General | $2,874 | ManagementAndGeneralAmt |
| Fundraising | $24,045 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,393 | TotalAmt |
| Program Services | $18,393 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $773,581 | TotalAmt |
| Program Services | $736,530 | ProgramServicesAmt |
| Management And General | $8,825 | ManagementAndGeneralAmt |
| Fundraising | $28,226 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,084 | TotalAmt |
| Management And General | $31,084 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES AND SERVICES | $596,619 | $402,580 | $67,038 | $127,001 |
| UNIVERSITY STAFFING | $486,438 | $486,438 | ||
| MEETINGS AND EVENTS | $476,896 | $476,896 | ||
| INFORMATION TECHNOLOGY | $344,725 | $344,725 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,114,163 | TotalAmt |
| Program Services | $596,445 | ProgramServicesAmt |
| Management And General | $85,476 | ManagementAndGeneralAmt |
| Fundraising | $432,242 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,214,952 | TotalAmt |
| Program Services | $8,266,367 | ProgramServicesAmt |
| Management And General | $1,299,571 | ManagementAndGeneralAmt |
| Fundraising | $649,014 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,485,976 | BOYAmt |
| EOY | $2,915,801 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000 | BOYAmt |
| EOY | $11,040 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,074,929 | BOYAmt |
| EOY | $17,648,382 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $559,618 | BOYAmt |
| EOY | $546,877 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,045,159 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $332,990 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,230 | BOYAmt |
| EOY | $712,169 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,155,632 | BOYAmt |
| EOY | $82,077,689 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,330,573 | BOYAmt |
| EOY | $76,440,258 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,214,737 | BOYAmt |
| EOY | $3,387,788 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,512,695 | BOYAmt |
| EOY | $183,740,004 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,237 | BOYAmt |
| EOY | $653,042 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,872,092 | BOYAmt |
| EOY | $12,637,473 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,562,329 | BOYAmt |
| EOY | $13,290,515 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,055,504 | BOYAmt |
| EOY | $31,554,482 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,894,862 | BOYAmt |
| EOY | $138,895,007 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,950,366 | BOYAmt |
| EOY | $170,449,489 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,512,695 | BOYAmt |
| EOY | $183,740,004 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $13,617,434 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,881,689 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,391,153 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,578,066 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,896,160 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,225,824 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,497,131 | CurrentTaxYearAmt |
| Total | $65,588,334 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,391,153 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,578,066 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,896,160 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,225,824 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,497,131 | CurrentTaxYearAmt |
| Total | $65,588,334 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $14,708,684 | SubstantialContributorsTotAmt |
| Public Support Total170 | $50,879,650 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,345,802 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,952,237 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,633,847 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,116,771 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,978,593 | CurrentTaxYearAmt |
| Total | $13,027,250 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $29,891 | CurrentTaxYearMinus1YearAmt |
| Total | $29,891 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $78,645,475 | TotalSupportAmt |
| Public Support CY170 | 0.64690 | PublicSupportCY170Pct |
| Public Support PY170 | 0.71180 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | FUNDRAISING INCOME - 2021 AMOUNT: $ 29,891. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $33,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $33,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION MADE PAYMENTS TO A PUBLIC RELATIONS FIRM TO LOBBY THE NEW YORK STATE LEGISLATIVE BRANCHES ON MATTERS REGARDING BUDGET, REGULATORY AND LEGISLATIVE ISSUES OF IMPORTANCE TO THE STATE UNIVERSITY OF NEW YORK AT ALBANY. THIS IS A REOCCURING RELATIONSHIP THAT COINCIDES WITH THE ANNUAL NEW YORK STATE BUDGET DEVELOPMENT PROCESS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $2,298,500 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $100,856,595 | BeginningYearBalanceAmt |
| Contributions | $15,091,147 | ContributionsAmt |
| Investment Earnings Or Losses | $3,030,811 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,783,305 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,514,849 | OtherExpendituresAmt |
| End Year Balance | $115,680,399 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,701,928 | BeginningYearBalanceAmt |
| Contributions | $3,628,560 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,556,482 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,571,551 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,345,860 | OtherExpendituresAmt |
| End Year Balance | $100,856,595 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $77,649,961 | BeginningYearBalanceAmt |
| Contributions | $6,543,838 | ContributionsAmt |
| Investment Earnings Or Losses | $20,906,713 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,297,431 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,101,153 | OtherExpendituresAmt |
| End Year Balance | $102,701,928 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $75,126,461 | BeginningYearBalanceAmt |
| Contributions | $4,925,874 | ContributionsAmt |
| Investment Earnings Or Losses | -$431,548 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,014,978 | GrantsOrScholarshipsAmt |
| Other Expenditures | $955,848 | OtherExpendituresAmt |
| End Year Balance | $77,649,961 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,700,966 | BeginningYearBalanceAmt |
| Contributions | $3,140,438 | ContributionsAmt |
| Investment Earnings Or Losses | $2,388,330 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,142,454 | GrantsOrScholarshipsAmt |
| Other Expenditures | $960,819 | OtherExpendituresAmt |
| End Year Balance | $75,126,461 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.05800 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.91900 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.02300 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $976,037 | OtherCostOrOtherBasisAmt |
| Depreciation | $296,916 | DepreciationAmt |
| Book Value | $679,121 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,122 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,074 | DepreciationAmt |
| Book Value | $33,048 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $712,169 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIMITED PARTNERSHIPS | Desc |
| Book Value | $76,440,258 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $76,440,258 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY AND LIFE INCOME OBLIGATIONS | $1,470,273 |
| LIABILITIES ASSOCIATED WITH INVESTMENTS | $11,167,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,637,473 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $38,328,469 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $7,881,689 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $6,725,412 | OtherRevenueAmt |
| Revenue Not Reported | $14,607,101 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,721,368 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $162,576 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$51,558 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $111,018 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,832,386 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,217,599 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $8,165,223 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $8,165,223 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,052,376 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $162,576 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $162,576 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,214,952 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. CHANGES IN RECOGNITION IN MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. THE FOUNDATION BELIEVES IT HAS TAKEN NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 AND 2022. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CONSOLIDATED ENTITY ACTIVITY-UABDC 6,725,412. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | REAL ESTATE EXPENSES -368,989. DIRECT EXPENSES FOR FUNDRAISING EVENTS -99,104. REVENUE ON RETURN ELIMINATED IN CONSOLIDATION ON FINANCIALS 416,535. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CONSOLIDATED ENTITY ACTIVITY 7,697,130. REAL ESTATE EXPENSES 368,989. DIRECT EXPENSES FOR FUNDRAISING EVENTS 99,104. |
| SCHEDULE D, PAGE 2, PART III, LINE 4 | THE FOUNDATION'S ART AND HISTORICAL COLLECTION CONSISTS OF PAINTINGS, PHOTOGRAPHS, BOOKS, HISTORICAL PAPERS, AND MEDIA. THE COLLECTION ADDS TO THE SCHOLARLY RESOURCES AND EXHIBITS AVAILABLE AT THE UNIVERSITY AT ALBANY'S ART MUSEUM AND LIBRARIES FOR THE BENEFIT OF ITS STUDENTS AND FACULTY. |
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE ENDOWMENT FUNDS ARE HELD TO BENEFIT THE UNIVERSITY AT ALBANY WITH ALL ENDOWMENTS RESTRICTED TO STUDENT ASSISTANCE OR SPECIFIC PROGRAMS WITHIN THE UNIVERSITY. ENDOWMENT FUNDS ARE INVESTED TO MAXIMIZE INVESTMENT RETURN WHILE PRESERVING THE INFLATION ADJUSTED PURCHASING POWER OF THE PORTFOLIO. THIS SHOULD PROVIDE A RELATIVELY PREDICTABLE, CONSTANT AND STABLE STREAM OF FUNDS FOR CURRENT USE. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CARIBBEAN | 0 | 0 | INVESTMENTS | $33,574,772 |
| EUROPE | 0 | 0 | INVESTMENTS | $3,659,167 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $37,233,939 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $37,233,939 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| PART I, LINE 3- ACTIVITIES PER REGION | ALL BALANCES SHOWN ARE FOR INVESTMENTS. NO EXPENDITURES WERE INCURRED IN THOSE REGIONS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVEST FUND RAISING COUNSEL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 KINGSWOOD DR | AddressLine1Txt |
| City | NEW HOPE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18938 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | STRATEGIC | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $37,500 | RetainedByContractorAmt |
| Net To Organization | -$37,500 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $37,500 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$37,500 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CITIZEN LAUREATE | Event1Nm |
| Gross Receipts Event1 | $133,886 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $114,386 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $19,500 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $822 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $39,443 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $29,830 | OtherDirectExpensesEvent1Amt |
| Event2 | ATHLETICS FUNDRAISER | Event2Nm |
| Gross Receipts Event2 | $71,352 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $42,205 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $29,147 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $22,431 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $6,578 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $205,238 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $156,591 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $48,647 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $822 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $61,874 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $36,408 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $99,104 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$50,457 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| STATE UNIVERSITY OF NEW YORK AT ALBANY | ||||||||||
| 1400 WASHINGTON AVE | ALBANY | NY | 12222 | 147400260 | GOVERNMENT | $0 | $248,569 | FMV | EQUIPMENT/BUILDING IMPROVEMENTS | CAPITAL CONTRIBUTION |
| STATE UNIVERSITY OF NEW YORK AT ALBANY | ||||||||||
| 1400 WASHINGTON AVE | ALBANY | NY | 12222 | 147400260 | GOVERNMENT | $0 | $48,000 | FMV | FOOD/GIFT CARDS | FOOD PANTRY |
| MISCI MUSEUM OF INNOVATION AND SCIENCE | ||||||||||
| 15 MUSEUM DR | SCHENECTADY | NY | 12308 | 141275432 | 3 | $10,000 | $0 | SPONSORSHIP | ||
| ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS | ||||||||||
| 777 S HARBOUR ISLAND BLVD STE 750 | TAMPA | FL | 33602 | 436036286 | 3 | $6,000 | $0 | SPONSORSHIP | ||
| ALBANY MEDICAL COLLEGE | ||||||||||
| 47 NEW SCOTLAND AVE | ALBANY | NY | 12208 | 141338310 | 3 | $59,852 | $0 | HEALTH RESEARCH | ||
| REFUGEE AND IMMIGRANT SUPPORT SERVICES OF EMMAUS INC | ||||||||||
| 715 MORRIS ST | ALBANY | NY | 12208 | 274809744 | 3 | $9,100 | $0 | INTERNSHIP SUPPORT | ||
| FOOD PANTRIES FOR THE CAPITAL DISTRICT INC | ||||||||||
| 33 ESSEX ST | ALBANY | NY | 12206 | 141752164 | 3 | $10,000 | $0 | INTERNSHIP SUPPORT | ||
| PARSONS CHILD AND FAMILY CENTER | ||||||||||
| 60 ACADEMY RD | ALBANY | NY | 12208 | 141347440 | 3 | $75,000 | $0 | PROGRAM SUPPORT | ||
| SOUTH COLONIE CENTRAL SCHOOL DISTRICT | ||||||||||
| 102 LORALEE DR | ALBANY | NY | 12205 | 146001364 | GOVERNMENT | $20,410 | $0 | PROGRAM SUPPORT | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 9 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND AWARDS | GrantTypeTxt |
| Recipient | 3285 | RecipientCnt |
| Cash Grant | $3,931,431 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION'S PURPOSE IS TO SUPPORT THE STATE UNIVERSITY OF NEW YOUR AT ALBANY (UNIVERSITY), ITS STUDENTS, FACULTY, AND OTHER ORGANIZATIONS WHO PROVIDE ASSISTANCE TO THE UNIVERSITY. NO SUPPORT IS GIVEN BY THE FOUNDATION TO ANY INDIVIDUAL OR ORGANIZATION WHO IS NOT THE UNIVERSITY, A STUDENT OR FACULTY OF THE UNIVERSITY, OR AN ORGANIZATION WHO DOES NOT PROVIDE ASSISTANCE TO THE UNIVERSITY SYSTEM. SCHOLARSHIP RECIPIENTS ARE MONITORED EACH SEMESTER BY THE UNIVERSITY'S FINANCIAL AID OFFICE FOR COMPLIANCE WITH THE FOUNDATION, STATE AND FEDERAL REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD MCGINN JR | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $212,494 | $0 | $0 | $0 | $12,499 | $0 | $22,410 | $0 | $1,958 | $0 | $249,361 | $0 | $0 | $0 |
| CHRISTOPHER LOSAVIO | ||||||||||||||
| CONTROLLER | $123,549 | $0 | $0 | $0 | $12,499 | $0 | $13,473 | $0 | $1,314 | $0 | $150,835 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION PAYS SOCIAL CLUB DUES FOR FARDIN SANAI (UNIVERSITY AT ALBANY FOUNDATION EXECUTIVE DIRECTOR/UNIVERSITY AT ALBANY VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT) AND HAVIDAN RODRIGUEZ (UNIVERSITY AT ALBANY FOUNDATION DIRECTOR/UNIVERSITY AT ALBANY PRESIDENT). THE DUES HAVE BEEN REPORTED AS TAXABLE COMPENSATION. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $175,723 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 32B: | THE FOUNDATION HAS A BROKERAGE ACCOUNT IN ITS NAME WITH A FINANCIAL INSTITUTION WHERE ALL CONTRIBUTIONS OF SECURITIES ARE TRANSFERRED INTO. THE FOUNDATION EXECUTES ALL SALES OF THE SECURITIES THROUGH THE INSTITUTION'S ONLINE TRADING PLATFORM. |
| SCHEDULE M- SUPPLEMENTAL INFORMATION | PART I, COLUMNG (B) - THE NUMBER OF CONTRIBUTIONS ARE REPORTED IN PART I, COLUMN (B). |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE CORPORATION SHALL BE THE DIRECTORS OF THE CORPORATION. THE MEMBERS SHALL HAVE ALL RIGHTS OF MEMBERS AS SPECIFIED IN THE NEW YORK STATE NOTFORPROFIT CORPORATION LAW. THE DIRECTORS OF THE BOARD SHALL CONSIST OF ELECTED AND EX OFFICIO DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | DIRECTORS ARE ELECTED AS FOLLOWS: 5 MEMBERS FROM PERSONS NOMINATED BY THE ALUMNI ASSOCIATION BOARD; 1 MEMBER FROM PERSONS NOMINATED BY THE BENEVOLENT ASSOCIATION BOARD; 10 MEMBERS FROM PERSONS NOMINATED BY THE UNIVERSITY PRESIDENT; 3 MEMBERS, WHO ARE MEMBERS OF THE UNIVERSITY'S FACULTY, FROM PERSONS NOMINATED BY THE UNIVERSITY PRESIDENT; 1 MEMBER WHO IS A MEMBER OF THE UNIVERSITY'S STUDENT BODY, FROM PERSONS NOMINATED BY THE UNIVERSITY PRESIDENT; 30 AT-LARGE MEMBERS FROM PERSONS NOMINATED BY THE BOARD. EACH DIRECTOR, INCLUDING THE EX OFFICIO DIRECTORS, SHALL HAVE THE SAME POWERS AND ONE VOTE ON ANY MATTERS BEFORE THE BOARD, EXCEPT THE EXECUTIVE DIRECTOR OF THE CORPORATION, WHO SHALL HAVE NO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT PROVIDES A DRAFT OF FORM 990 TO THE UNIVERSITY AT ALBANY FOUNDATION AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. THE AUDIT COMMITTEE MEETS TO COMMENT ON FORM 990 AND ANY REVISIONS WILL BE DISCUSSED AT THAT TIME. A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS) WAS PROVIDED TO EACH VOTING MEMBER OF THE BOARD BEFORE ITS FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY NEW DIRECTOR, OFFICER OR EMPLOYEE OF THE FOUNDATION IS ADVISED OF THE CONFLICTS OF INTEREST POLICY UPON ENTERING THE DUTIES OF OFFICE OR EMPLOYMENT. ANY DUALITY OF INTEREST ON THE PART OF ANY DIRECTOR OR OFFICER SHALL BE DISCLOSED TO THE AUDIT COMMITTEE CHAIR FOR REFERRAL TO THE SECRETARY FOR DISCLOSURE TO THE BOARD OF DIRECTORS. SUCH DISCLOSURE SHALL BE MADE A MATTER OF RECORD PRIOR TO THE ELECTION OF THE DIRECTOR OR OFFICER, AND ANNUALLY THEREAFTER, THROUGH A SIGNED STATEMENT IDENTIFYING ANY ENTITY HAVING A RELATIONSHIP WITH THE CORPORATION OF WHICH SAID DIRECTOR OR OFFICER IS A DIRECTOR, TRUSTEE, MEMBER, OWNER, OFFICER OR EMPLOYEE, OR, UPON RECOGNITION OF ANY OTHER CONFLICT, WHEN THE DIRECTOR OR OFFICER DISCOVERS THAT THE ORPORATION'S INTEREST MAY CONFLICT WITH THEIR OWN. IN GENERAL, A DIRECTOR'S OR OFFICER'S CONFLICT WILL BE CLEARED OF ANY CONSEQUENCE BY, FIRST, FULL DISCLOSURE AND, SECOND,APPROVAL OR RATIFICATION OF THE SUBJECT ACTION BY A DISINTERESTED MAJORITY OF DIRECTORS. ANY DIRECTOR OR OFFICER HAVING A DUALITY OF INTEREST SHALL NOT VOTE OR 1) REFRAIN FROM BEING PRESENT AT OR PARTICIPATING IN THE BOARD OR COMMITTEE DELIBERATION OR VOTE ON THE MATTER GIVING RISE TO THE CONFLICT, 2) NOT BE COUNTED IN THE QUORUM FOR ANY SUCH MEETING, AND 3) ENGAGE IN NO ATTEMPT TO PERSONALLY INFLUENCE THE OUTCOME OF THE DELIBERATION OR VOTE. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, THE ABSENCE OF THE INTERESTED DIRECTOR OR OFFICER FROM THE MEETING AND THE QUORUM SITUATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | FORM 990, PART VI, LINE 15A AND 15B COMPENSATION AT THE TIME OF HIRING IS BASED ON DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. COMPENSATION AND WAGE INCREASES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE EXECTIVE COMMITTEE THROUGH THE ANNUAL BUDGET PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES ORGANIZATIONAL DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS OWN WEBSITE AND UPON REQUEST. |
| FORM 990, PART VII | THREE MEMBERS OF THE UNIVERSITY AT ALBANY FOUNDATION (FOUNDATION) BOARD ARE ALSO PAID EMPLOYEES OF THE UNIVERSITY AT ALBANY (UNIVERSITY). NONE OF THE COMPENSATION PAID TO THEM BY THE UNIVERSITY IS ATTRIBUTABLE TO THEIR POSITION ON THE FOUNDATION BOARD. THE UNIVERSITY EMPLOYEES ON THE FOUNDATION BOARD DO NOT REPRESENT A CONTROLLING MAJORITY OF THE BOARD. |
| FORM 990, PART IX, LINE 24E | DUES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 263,254. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 263,254. DONOR CULTIVATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 259,448. TOTAL EXPENSES 259,448. BOOKS AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 162,621. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 162,621. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 144,277. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,277. PRINTING AND MAILING: PROGRAM SERVICE EXPENSES 25,384. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 86,703. TOTAL EXPENSES 112,087. LIFE INSURANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 86,091. TOTAL EXPENSES 86,091. BANKING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 85,476. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,476. UTILITIES: PROGRAM SERVICE EXPENSES 909. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 909. |
| PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART X | THE UNIVERSITY AT ALBANY FOUNDATION (FOUNDATION) MANAGES AND INVESTS A TERM-ENDOWED FUND ON BEHALF OF THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK (THE RESEARCH FOUNDATION). ACCORDINGLY, THE FOUNDATION REPORTS AN EQUAL ASSET AND LIABILITY ON THE BALANCE SHEET REPRESENTING THE FAIR VALUE OF INTESTMENTS MANAGED ON BEHALF OF THE RESEARCH FOUNDATION. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVE UAB 226 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364619281 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(25) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UA FOUNDAT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | (1) POOLED INCOME FUND (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | INVESTING | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UA FOUNDAT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORP | ||
| D | $187,903 | LOAN BALANCE |
| UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORP | ||
| O | $407,405 | ALLOCATION OF HOURS WORKED |
| UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORP | ||
| Q | $171,951 | ACTUAL EXPENSES |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 2D | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY AT ALBANY FOUNDATION IS HTE GUARANTOR ON A UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION LOAN. THE PRINCIPAL BALANCE OF THE LOAN AT JUNE 30, 2023 WAS $187,904. | ExplanationTxt |