2020-01-27T13:49:31-06:00 2019-06-30 161131146 BONADIO & CO LLP 432 NORTH FRANKLIN STREET SYRACUSE NY 13204 990 2018-07-01 166053710 FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC FOUN 6077776208 PO BOX 6005 BINGHAMTON NY 139026005 SHEILA DOYLE EXECUTIVE DIRECTOR 6077776208 2020-01-21 1 JENNIFER ARBORE P00893012 3154227109 71.115.194.128 2020-01-21 12:35:55 ES P 40829CFFA5D03EC9CEB83B4924738A0F44263495 37293ED88DE8E6930E74CD95887C8CF68DBA91DC 2018 2020-09-23 17:36:50Z SHEILA DOYLE PO BOX 6005 BINGHAMTON NY 139026005 52669746 0 X WWW.BINGHAMTON.EDU/GIVING X 1957 NY SEE SCHEDULE O 33 29 0 310 5068 4068 10440281 15489629 99407 102950 9807012 7535513 3347383 3650975 23694083 26779067 13071584 13750805 0 0 1641071 1936239 264992 281390 2256862 1950138 1654338 16927785 17622772 6766298 9156295 172061990 175763967 31747032 23127457 140314958 152636510 SEE 990 PART 1 LINE 1 0 0 13937650 13750805 5744375 SUPPORT OF ACTIVITIES OF THE UNIVERSITY BY MEANS OF SCHOLARSHIPS AND GRANTS TO QUALIFYING STUDENTS ($3,569,345), FINANCIAL ASSISTANCE TO THE PROGRAMS AND ACTIVITIES OF THE FACULTY AND STUDENTS OF THE UNIVERSITY ($10,181,460), AND ALLOCATED ADMINISTRATIVE EXPENSES FOR THESE PROGRAMS ($186,845). 91120 102950 BINGHAMTON UNIVERSITY FORUM IS A MEMBER ONLY GROUP FORMED BY THE FOUNDATION TO PROMOTE COMMUNITY RELATIONS AND ENCOURAGE PRIVATE SUPPORT OF THE UNIVERSITY. 14028770 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 1 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 357 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 33 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY AK ME MD MA X X SALLY FULTS 6077774910 4400 VESTAL PKWY VESTAL NY 13850 X SHELDON GOLDFARB CHAIR 0.30 X X 0 0 0 OWEN PELL VICE CHAIR 0.30 X X 0 0 0 JEFFREY TUCKER TREASURER 0.30 X X 0 0 0 MICHAEL LANE SECRETARY 0.30 X X 0 0 0 STEVEN BLOOM PAST CHAIR 0.30 X 0 0 0 BETH AKEL DIRECTOR 0.30 X 0 0 0 PATRICIA BLOOMER DIRECTOR 0.30 X 0 0 0 ANDREW BONZANI DIRECTOR 0.30 X 0 0 0 JUDITH GARCZYNSKI FLEISHMAN DIRECTOR 0.30 X 0 0 0 KENNETH GOLDBLATT DIRECTOR 0.30 X 0 0 0 KEITH HORN DIRECTOR 0.30 X 0 0 0 ALEX HUPPE DIRECTOR 0.30 X 0 0 0 HOWARD UNGER DIRECTOR 0.30 X 0 0 0 CHARLES KIM DIRECTOR 0.30 X 0 0 0 STUART KOENIG DIRECTOR 0.30 X 0 0 0 ELIZABETH KOFFMAN DIRECTOR 0.30 X 0 0 0 BAI LEE DIRECTOR 0.30 X 0 0 0 MITCHELL LIEBERMAN DIRECTOR 0.30 X 0 0 0 JESSICA LORDEN DIRECTOR 0.30 X 0 0 0 CAROLYN MANCINI DIRECTOR 0.30 X 0 0 0 LAWRENCE MORGENTHAL DIRECTOR 0.30 X 0 0 0 TYRONE MUSE DIRECTOR 0.30 X 0 0 0 TIMOTHY MYERS DIRECTOR 0.30 X 0 0 0 MICHAEL NEEDLE DIRECTOR 0.30 X 0 0 0 DONALD NIEMAN BU - VP & PROVOST 0.30 X 0 0 0 ALBERT NOCCIOLINO DIRECTOR 0.30 X 0 0 0 JAMES ORBAND DIRECTOR 0.30 X 0 0 0 HARVEY STENGER BU PRESIDENT 0.30 X 0 0 0 PAUL TUROVSKY DIRECTOR 0.30 X 0 0 0 MARK ZURACK DIRECTOR 0.30 X 0 0 0 JOHN KOCH BU VP ADVANCEMENT 0.30 X 0 0 0 LISA ABBOTT BU ALUMNI ASSOCIATION 0.30 X 0 0 0 MICHAEL D TIMMENY DIRECTOR 0.30 X 0 0 0 SHEILA DOYLE EXECUTIVE DIRECTOR 30.00 10.00 X 0 214076 50237 0 214076 50237 0 0 1 0 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 503030718 FUNDRAISING CONSULTANT 212371 WILSON-BENNETT TECHNOLOGY INC PO BOX 717 CABOT AR 72023 FUNDRAISING CONSULTANT 189385 PAVILION ADVISORY GROUP INC 43 MAIN STREET SE SUITE 148 MINNEAPOLIS MN 55414 INVESTMENT CONSULTANT 150118 3 15489629 2062384 15489629 BU FORUM - MEMBERSHIP DUES 900099 102950 102950 102950 5442113 5068 5437045 27984079 25890679 2093400 2093400 2093400 ACCOUNTING SERVICES 900099 1976027 1976027 MISCELLANEOUS 900099 1674948 1674948 3650975 26779067 5847325 5068 5437045 10181460 10181460 3569345 3569345 1936239 646337 1289902 23806 23806 37195 37195 281390 281390 427609 427609 7830 6482 1348 60837 41397 19440 156736 59855 96881 149015 2810 146205 71737 23711 48026 126303 116433 9870 37791 37791 FUNDRAISING - OTHER 373670 373670 PROGRAM - BU FORUM 91120 91120 PROGRAM - BFSS, LLC 70412 70412 MISCELLANEOUS 20277 20277 17622772 14028770 1337140 2256862 3172924 3298306 6762166 7867671 507027 503083 63788 82531 7103409 1151424 5265368 5951985 112897699 112269746 39722102 42047448 3670916 3743197 172061990 175763967 1202250 2733452 30544782 20394005 31747032 23127457 X 13751241 15139167 53240636 58972087 73323081 78525256 140314958 152636510 172061990 175763967 X 9156295 3287957 -122700 X X 0 1 X 1 0 X 6716274 11584786 16608381 10440281 15489629 60839351 1196036 1547387 1785575 1945962 1920227 8395187 7912310 13132173 18393956 12386243 17409856 69234538 1966782 67267756 3775345 4570055 4661695 5278185 5442113 23727393 1430727 1761840 1723948 1609690 1976027 8502232 101464163 8018966 0.66300 0.63190 X SCHEDULE A, PART II, LINE 10 ACCOUNTING SERVICE INCOME IS INCOME FROM PROVIDING BOOKKEEPING SERVICES, MANAGEMENT SERVICES, AND ACCOUNT MAINTENANCE FOR THE FOUNDATION AND OTHER ENTITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 1 1 0 1 X 110656967 5626278 8636349 2041914 5556343 117321337 109341967 4289323 10493458 3787346 9680435 110656967 93401009 14742057 13871039 2777421 9894717 109341967 96512436 8313379 -571380 2743210 8110216 93401009 84181579 21530415 3422207 2440831 10180934 96512436 0.04170 0.66930 0.28900 0 0 3974779 3974779 2919617 984310 1935307 209013 167114 41899 5951985 DISTRESSED DEBT 3670885 F HEDGE FUNDS 20357258 F PRIVATE EQUITY/VENTURE CAPITAL PARTNERSHIPS 8345674 F REAL ASSETS 9673631 F 42047448 X 32283880 3287957 1920227 724238 5932422 26351458 427609 427609 26779067 20399752 1920227 1284362 3204589 17195163 427609 427609 17622772 PART IV, LINE 2B: THE FOUNDATION ACTS AS THE CUSTODIAN FOR AGENCY FUNDS OF BINGHAMTON UNIVERSITY AND FOR INVESTMENT FUNDS OF THE BINGHAMTON UNIVERSITY ALUMNI ASSOCIATION. PART V, LINE 4: STUDENT AID - $57,563,253 UNIVERSITY SUPPORT - $54,869,801 GENERAL SUPPORT - $4,888,283 TOTAL - $117,321,337 PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, AND UNDER SIMILAR REQUIREMENTS OF NYS LAW, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE TAXES. THE FOUNDATION HAS BEEN CLASSIFIED BY THE IRS AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: STHTI ACTIVITY 724,238. PART XII, LINE 2D - OTHER ADJUSTMENTS: STHTI ACTIVITY 1,161,662. PLEDGE WRITE-OFFS 122,700. EUROPE 0 0 INVESTMENTS 6269191 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 16475957 0 0 0 0 0 0 22745148 0 22745148 1 0 0 1 1 0 X X X X X X 1 WILSON-BENNETT TECHNOLOGY INC PO BOX 717 CABOT AR 72023 PROFESSIONAL FUNDRAISER 0 272018 281390 -9372 272018 281390 -9372 AL AK AZ CA CO CT DE FL GA ID IL IN IA KS KY LA ME MD MA MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WV WI WY 1 STATE UNIVERSITY OF NEW YORK AT BINGHAMTON PO BOX 6000 BINGHAMTON NY 139026000 146013200 9951460 0 FACULTY AND STUDENT PROGRAM SUPPORT STATE UNIVERSITY OF NEW YORK AT BINGHAMTON ALUMNI ASSOCIATION PO BOX 6000 BINGHAMTON NY 139026000 510244064 501(C)(3) 230000 0 SUPPORT OF ALUMNI OPERATIONS 2 SCHOLARSHIPS, AWARDS, AND GRANTS 1873 3569345 0 PART I, LINE 2: EACH EXPENDITURE MUST MEET THE CRITERIA OF THE ACCOUNT TO WHICH IT WILL BE CHARGED, BE AUTHORIZED BY THE CUSTODIAN OF THE ACCOUNTS AND REVIEWED AND APPROVED BY THE FOUNDATION'S ADMINSTRATION. CRITERIA IS PRESET BY PURPOSE OF THE ACCOUNT. 0 0 0 0 0 0 0 0 0 SHEILA DOYLE EXECUTIVE DIRECTOR 0 199076 0 0 0 15000 0 26899 0 23338 0 264313 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTOR IS PAID BY THE RELATED ORGANIZATION, BINGHAMTON UNIVERSITY AND THE SUNY RESEARCH FOUNDATION. AS AN EMPLOYEE OF BOTH ORGANIZATIONS, COMPENSATION IS DETERMINED BY THE POLICIES AND PROCEDURES OF EACH ORGANIZATION. X 16 VALUE PER GAAP X 30 2062384 AVERAGE HIGH/LOW 5 0 1 1 PART I, LINE 32B: FOR SECURITIES RECEIVED, A BROKERAGE FIRM IS UTILIZED TO PROCESS THE ACCEPTANCE AND IMMEDIATE SALE OF THE SECURITIES PART I, LINE 33: AS PERMITTED BY ASC 958-360-25, THE FOUNDATION DOES NOT RECOGNIZE AS REVENUE OR CAPITALIZE AS AN ASSET ANY CONTRIBUTION OF ART, BOOKS, OR OTHER SIMILAR ITEMS. FORM 990, PART I, LINE 1 THE FOUNDATION WAS ESTABLISHED TO ACCCEPT AND ENCOURAGE GIFTS TO THE FOUNDATION AND TO ADVANCE THE WELFARE AND DEVELOPMENT OF THE UNIVERSITY TO MAKE GRANTS OF FINANCIAL ASSISTANCE TO THE UNIVERSITY AND ITS FACULTY AND STUDENTS; TO RECEIVE, HOLD AND ADMINISTER SUCH GIFTS TO SERVE THE PREVIOUSLY STATED PURPOSE. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS, THE IMMEDIATE PAST CHAIR OF THE ORGANIZATION AND THREE ADDITIONAL DIRECTORS AS NOMINATED. THE PRESIDENT IS THE CHAIR. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE ORGANIZATION IN ANY MATTER WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, EXCEPT AS OTHERWISE PROVIDED BY LAW, REPORTING TO THE BOARD OF DIRECTORS FOR ITS RATIFICATION OF THEIR ACTIONS AT EACH REGULAR OR SPECIAL MEETING CALLED FOR THE PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE RECEIVES THE FORM 990 PRIOR TO THE DUE DATE AND CONDUCTS A REVIEW OF THE FORM. AFTER THIS REVIEW, AND PRIOR TO FILING THE FORM 990, A COPY OF THE FINAL VERSION OF THE FORM 990 IS AVAILABLE TO EACH BOARD MEMBER BY WEB PORTAL. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. THIS INCLUDES THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S EXECUTIVE DIRECTOR IS PAID BY THE RELATED ORGANIZATION, BINGHAMTON UNIVERSITY AND THE SUNY RESEARCH FOUNDATION. AS AN EMPLOYEE OF BOTH ORGANIZATIONS, COMPENSATION IS DETERMINED BY THE POLICIES AND PROCEDURES OF EACH ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE WEBSITE. FORM 990, PART VII, SECTION A THE EXECUTIVE DIRECTOR IS ALSO THE EXECUTIVE DIRECTOR OF SIX DIFFERENT AFFILIATED ENTITIES AND HAS RESPONSIBILITIES FOR THE UNIVERSITY. SHE IS A NEW YORK STATE EMPLOYEE AND APPROXIMATELY 75% OF HER TIME IS DEVOTED TO SERVING THE FOUNDATION. THE FOUNDATION IS NOT CHARGED FOR THIS TIME. IT IS CONTRIBUTED SERVICES FROM THE UNIVERSITY. FORM 990, PART XI, LINE 9: PLEDGE WRITE-OFFS -122,700. FORM 990, PART XII, LINE 2C: THE FOUNDATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. BFSS LLC PO BOX 6005 BINGHAMTON NY 13902 465223364 SUPPORT OF THE ACTIVITIES OF THE BU FOUNDATION NY 430311 5211200 FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC BU FOUNDATION DAF LLC PO BOX 6005 BINGHAMTON NY 13902 166053710 DONOR ADVISED FUND NY 0 0 FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC QUOGUE BIOVENTURES III LLC PO BOX 6005 BINGHAMTON NY 13902 166053710 SUPPORT THE ACTVITIES OF THE BU FOUNDATION NY 0 0 FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC BU FOUNDATION HOUSING CORPORATION PO BOX 6005 BINGHAMTON NY 13902 020680515 STUDENT HOUSING NY 501(C)(3) LINE 12B, II FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC 1 BINGHAMTON UNIVERSITY PO BOX 6000 BINGHAMTON NY 13902 146013200 EDUCATION NY 0 CAMPUS RELATED PROPERTIES INC PO BOX 6005 BINGHAMTON NY 13902 611670989 ACQUIRING AND MANGING REAL PROPERTY NY 501(C)(3) LINE 12A, I FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC 1 SOUTHERN TIER HIGH TECHNOLOGY INCUBATOR INC PO BOX 6005 BINGHAMTON NY 13902 800821308 SUPPORT EDUCATION AND SCIENTIFIC PURPOSES NY 501(C)(3) LINE 12A, I FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AT BINGHAMTON INC 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 BINGHAMTON UNIVERSITY B 9951460 CASH SOUTHERN TIER HIGH TECHNOLOGY INCUBATOR INC B 631249 CASH PART V, LINE 1(N) AND (O) CONTRIBUTED SUPPORT AND THEREFORE NOT ON THE TAX RETURN.