2023-01-13T14:11:36-06:00 2022-06-30 201317788 BOWERS & COMPANY CPAS PLLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2021-07-01 237088021 POTSDAM COLLEGE FOUNDATION INC POTS 3152672190 44 PIERREPONT AVENUE POTSDAM NY 13676 AMY KELLOGG CURRENT PRESIDENT 3152672190 2022-12-16 1 AMY KELLOGG 999009999 RICHARD FARLEY JR CPA P01083459 3157887690 2022-12-16 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z SAL CANIA 44 PIERREPONT AVENUE POTSDAM NY 13676 5876572 0 X HTTP://WWW.POTSDAM.EDU/GIVING/PCF X 1968 NY THE MISSION OF THE POTSDAM COLLEGE FOUNDATION IS TO SECURE AND MANAGE PRIVATE FINANCIAL SUPPORT AND OTHER GIFTS THAT BUILD A SUSTAINABLE FUTURE FOR SUNY POTSDAM. THE FOUNDATION IS COMMITTED TO THE COLLEGE'S GOAL TO RECRUIT AND RETAIN STUDENTS, AND ENHANCE THEIR EXPERIENCES IN AND OUT OF THE CLASSROOM. THE FOUNDATION STEWARDS ITS RESOURCES FOR THE LONG-TERM BENEFIT OF SUNY POTSDAM WHILE ALSO PROVIDING THE MAXIMUM POSSIBLE CURRENT FINANCIAL SUPPORT TO THE COLLEGE AND ITS STUDENTS, CONSISTENT WITH THE WISHES OF THE FOUNDATION'S GENEROUS DONORS. 21 21 0 23 0 0 3609607 2435384 188552 332189 2016623 2071565 0 0 5814782 4839138 2020383 2679321 0 0 0 0 0 0 381815 616220 571120 2636603 3250441 3178179 1588697 59316094 51720379 46287 42397 59269807 51677982 X THE MISSION OF THE POTSDAM COLLEGE FOUNDATION IS TO SECURE AND MANAGE PRIVATE FINANCIAL SUPPORT AND OTHER GIFTS THAT BUILD A SUSTAINABLE FUTURE FOR SUNY POTSDAM. THE FOUNDATION IS COMMITTED TO THE COLLEGE'S GOAL TO RECRUIT AND RETAIN STUDENTS, AND ENHANCE THEIR EXPERIENCES IN AND OUT OF THE CLASSROOM. THE FOUNDATION STEWARDS ITS RESOURCES FOR THE LONG-TERM BENEFIT OF SUNY POTSDAM WHILE ALSO PROVIDING THE MAXIMUM POSSIBLE CURRENT FINANCIAL SUPPORT TO THE COLLEGE AND ITS STUDENTS, CONSISTENT WITH THE WISHES OF THE FOUNDATION'S GENEROUS DONORS. 0 0 2679321 2679321 332189 THE POTSDAM COLLEGE FOUNDATION IS A NON-PROFIT CORPORATION, ESTABLISHED IN 1968 TO STEWARD THE CONTINUED GROWTH OF PRIVATE GIVING IN SUPPORT OF SUNY POTSDAM. THE FOUNDATION IS GOVERNED BY A VOLUNTEER BOARD OF TRUSTEES WHICH INCLUDES REPRESENTATION FROM SUNY POTSDAM'S ALUMNI, FACULTY, FACULTY EMERITI AND STUDENTS, AS WELL AS THE REGIONAL AND NATIONAL COMMUNITY. GIFTS TO THE FOUNDATION ARE USED TO PROVIDE ANNUAL SUPPORT TO MEET ONGOING CAMPUS NEEDS AND TO ESTABLISH PERMANENT ENDOWMENTS TO SUPPORT SUCH THINGS AS STUDENT SCHOLARSHIPS AND PROGRAMS. IN ADDITION, THE FOUNDATION OWNS ART OBJECTS AND CULTURAL ARTIFACTS THAT ARE USED FOR TEACHING AND FOR DISPLAY ON THE CAMPUS. THE TOTAL ASSETS MANAGED BY THE FOUNDATION EXCEED $51.176 MILLION, INCLUDING AN ENDOWMENT COMPRISED OF GIFTS FROM BOTH INDIVIDUALS AND INVESTMENT RETURN. 91466 91466 2770787 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X CHRISTINE HAILE 3152672190 44 PIERREPONT AVE POTSDAM NY 13676 AMY KELLOGG CURRENT PRESIDENT 1.20 X X 0 0 0 CHRISTINE HAILE TREASURER 1.20 X X 0 0 0 MARY HELANDER SECRETARY 1.20 X X 0 0 0 JAMES BERRIMAN TRUSTEE 0.80 X 0 0 0 LYNNE BOLES TRUSTEE 0.80 X 0 0 0 REBEKAH COVELL TRUSTEE 0.80 X 0 0 0 BRIAN DEWITT TRUSTEE 0.80 X 0 0 0 RONALD FISHBECK VICE PRESIDENT 1.20 X X 0 0 0 GARY HIND TRUSTEE/EMERITUS REPRESENT 0.80 X 0 0 0 SEAN LEOUS TRUSTEE 0.80 X 0 0 0 CHRISTIAN MILLER TRUSTEE 0.80 X 0 0 0 BLAIR MADORE FACULTY SENATE REPRESENTAT 0.80 X 0 77562 35552 KYLIE WILKINS STUDENT GOVERNMENT REPRESE 0.80 X 0 0 0 ROBERT WAGNER TRUSTEE 0.80 X 0 0 0 HENRIQUE SCHEMBRY TRUSTEE 0.80 X 0 0 0 ERIN O'BRIEN WAGNER TRUSTEE 0.80 X 0 0 0 JOHN STRUTHERS TRUSTEE 0.80 X 0 0 0 ROGER LINDEN TRUSTEE EMERITUS REPRESENT 0.80 X 0 0 0 ADEBISI OJE TRUSTEE 0.80 X 0 0 0 JUSTIN SIPHER TRUSTEE 0.80 X 0 0 0 LAURA WESSING TRUSTEE 0.80 X 0 0 0 MARJORIE CHIAFERY TRUSTEE 0.80 X 0 0 0 PHIL NEISSER TRUSTEE 0.80 X 0 0 0 KRISTIN ESTERBERG FORMER TRUSTEE 0.80 X 0 235114 42401 JOHN GRAHAM FORMER TRUSTEE 0.80 X 0 235314 17368 EILEEN WHELLEY FORMER TRUSTEE 0.80 X 0 0 0 SALVATORE J CANIA JR EXECUTIVE DIRECTOR 40.00 X 0 141412 24795 JULIE HELENBROOK FOUNDATION BUSINESS MANAGER 40.00 X 0 6954 954 KAREN CLARY FORMER FOUNDATION BUSINESS MANAGER 0.80 X 0 29011 4613 0 725367 125683 0 0 1 0 ELLUCIAN COMPANY LP 3000 RIDGE ROAD EAST ROCHESTER NY 14622 CRM SERVICES 129845 1 2435384 347493 2435384 CONCERT PERFORMANCE SERIES 900099 332189 332189 332189 1465408 1465408 1549814 93777 1025714 11720 524100 82057 606157 606157 4839138 332189 0 2071565 1816179 1816179 863142 863142 1800 1800 42985 42985 20000 20000 91466 91466 FUNDRAISING EXPENSE 381815 381815 OTHER ADMINISTRATIVE EX 33054 33054 3250441 2770787 97839 381815 917713 515491 1337349 769370 598406 323460 202179 274946 55660348 49161598 1173433 977567 25072 21407 59316094 51720379 46287 42397 46287 42397 X 15129317 6406637 44140490 45271345 59269807 51677982 59316094 51720379 X 1588697 -9184412 1026852 -1022962 X 0 1 X 1 0 X 5518847 3404074 3256763 3609607 2435384 18224675 1166491 1166491 1997747 1026852 1026852 6384433 6685338 4570565 5254510 4636459 3462236 24609108 24609108 3215299 1568935 1006941 1057197 1465408 8313780 32922888 0.74750 0.74660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40062769 1028077 1935884 1799911 41226819 37026840 2174297 1602736 741104 40062769 35220690 1261094 1513111 968055 37026840 33715581 1670860 1421766 1587517 35220690 29557143 4086164 1836695 1764421 33715581 1.00000 0 0 598406 323460 274946 274946 CHARITABLE GIFT ANNUITIES PAYABLE 42397 42397 X -3314532 -9184413 1026852 3890 -8153671 4839139 0 4839139 4277293 1026852 1026852 3250441 0 3250441 PART V, LINE 4: THE PRIMARY INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO MAINTAIN A STEADY SOURCE OF FUNDING FOR STUDENT SCHOLARSHIPS TO SUNY POTSDAM STUDENTS AND COLLEGE ASSISTANCE, INCLUDING FUNDS FOR CAMPUS IMPROVEMENTS AND VARIOUS OTHER COLLEGE PROGRAMS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITION BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENT. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEARS ENDED JUNE 30, 2018, AND PRIOR. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 3,890. X 1 WASHBURN & MCGOLDRICK LLC 24 N BRYN MAWR AVENUE STE 252 BRYN MAWR PA 19010 FUNDRAISING CAMPAIGN 0 0 31569 -31569 31569 -31569 1 STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) 44 PIERREPONT AVENUE POTSDAM NY 13676 146013200 GOV 1816179 0 PROGRAMS, CAMPUS IMPROVEMENTS, DEVELOPMENT, STUDENT SCHOLARSHIPS 1 0 SCHOLARSHIP AWARDS 485 863142 PART I, LINE 2: RESTRICTIONS FOR EACH FUND/ACCOUNT ARE DOCUMENTED ON A DESIGNATION SCREEN WITHIN OUR DATABASE, MAKING THEM EASILY ACCESSIBLE AS ACCOUNTS PAYABLE REQUESTS ARE SUBMITTED. ADDITIONALLY, WHEN A FUND IS ENDOWED, A GIFT AGREEMENT IS GENERATED OUTLINING DONOR INTENT AND USE OF FUNDS. ALL ACCOUNTS ARE MONITORED AND REVIEWED ANNUALLY BY THE FOUNDATION BUSINESS OFFICE AND STEWARDSHIP OFFICE. ADDITIONALLY, ALL ACCOUNTS ARE REVIEWED SEMI-ANNUALLY WITH CAMPUS LEADERSHIP TO ENSURE PROPER USE IN ORDER TO MEET THE GREATEST NEEDS OF THE COLLEGE AND ITS PROGRAMS. 0 0 0 0 0 0 0 0 0 KRISTIN ESTERBERG FORMER TRUSTEE 0 235114 0 0 0 0 0 21421 0 20980 0 277515 0 0 JOHN GRAHAM FORMER TRUSTEE 0 235314 0 0 0 0 0 8494 0 8874 0 252682 0 0 SALVATORE J CANIA JR EXECUTIVE DIRECTOR 0 141412 0 0 0 0 0 0 0 24975 0 166387 0 0 X 4 347493 CASH VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B BOARD OF TRUSTEES REVIEWS AND APPROVES 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ARE REQUIRED TO FILL OUT A CONFICT OF INTEREST FORM ON ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EXPENSES RELATED TO IN-KIND SERVICES AND USE OF FACILITIES -1,026,852. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 3,890. STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) STATE UNIVERSITY POTSDAM NY 13676 146013200 EDUCATION NY 0 PACES MERRITT HALL SUNY POTSDAM POTSDAM NY 13676 150532293 AUXILIARY SERVICES NY 501(C)(3) 170(B)(1)(A)(IV) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) B 1816179 CASH PAID STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) N 1026852 ESTIMATED MARKET VALUE