Form 990 for tax year 2023
Filed by SCHENECTADY COUNTY COMMUNITY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $1,178,480
- Total expenses
- $1,220,385
- Contributions and grants received
- $795,709
- Grants paid
- $690,876
- Program service revenue
- $0
- Investment income
- $351,988
- Other revenue
- $30,783
- Total assets, end of year
- $11,744,571
- Total liabilities, end of year
- $348,407
- Net assets or fund balances, end of year
- $11,396,164
- Program services expenses (Part IX)
- $773,646
- Management and general expenses
- $148,040
- Fundraising expenses
- $298,699
- Program service expenses (Part III)
- $773,646
Program services were 63.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$64,500
-
1f · All other contributions, gifts and grants
$731,209
-
3 · Investment income
total $247,323 · excluded $247,323
-
7a · Gross sales of assets other than inventory
securities $571,388
-
7b · Less cost or other basis and sales expenses
securities $466,723
-
7c · Gain or loss
securities $104,665
-
7d · Net gain or loss
total $104,665 · excluded $104,665
-
8a · Fundraising events: gross income
$47,755
-
8a · Fundraising events: contributions included on line 1c
$64,500
-
8b · Fundraising events: direct expenses
$19,680
-
8c · Net income from fundraising events
total $28,075 · excluded $28,075
-
11d · All other revenue
total $2,708 · excluded $2,708
-
11e · Other revenue, total
$2,708
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $415,421 · program services $415,421
-
2 · Grants to domestic individuals
total $275,455 · program services $275,455
-
7 · Other salaries and wages
total $127,337 · program services $53,417 · management and general $16,496 · fundraising $57,424
-
8 · Pension plan contributions
total $10,952 · program services $4,526 · management and general $950 · fundraising $5,476
-
9 · Other employee benefits
total $25,573 · program services $11,284 · management and general $1,503 · fundraising $12,786
-
10 · Payroll taxes
total $9,113 · program services $3,852 · management and general $705 · fundraising $4,556
-
11b · Fees: legal
total $187 · management and general $187
-
11c · Fees: accounting
total $21,867 · management and general $21,867
-
11f · Fees: investment management
total $91,150 · management and general $91,150
-
11g · Fees: other
total $163,560 · fundraising $163,560
-
12 · Advertising and promotion
total $7,382 · program services $3,691 · fundraising $3,691
-
13 · Office expenses
total $11,624 · management and general $6,206 · fundraising $5,418
-
14 · Information technology
total $29,561 · program services $6,000 · management and general $1,609 · fundraising $21,952
-
17 · Travel
total $2,019 · management and general $2,019
-
23 · Insurance
total $1,143 · management and general $1,143
-
24a · Other expenses: DONOR RELATIONS
total $18,900 · fundraising $18,900
-
24b · Other expenses: EVENTS
total $4,936 · fundraising $4,936
-
24e · All other expenses
total $4,205 · management and general $4,205
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $238,156 · end of year $316,044
-
3 · Pledges and grants receivable
beginning of year $110,292 · end of year $159,363
-
10a · Land, buildings and equipment: cost or other basis
$38,211
-
10b · Land, buildings and equipment: accumulated depreciation
$38,211
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $9,954,808 · end of year $11,269,164
-
17 · Accounts payable and accrued expenses
beginning of year $10,711 · end of year $307
-
19 · Deferred revenue
beginning of year $5,000 · end of year $5,000
-
25 · Other liabilities
beginning of year $273,001 · end of year $343,100
-
27 · Net assets without donor restrictions
beginning of year $1,906,285 · end of year $1,953,363
-
28 · Net assets with donor restrictions
beginning of year $8,108,259 · end of year $9,442,801
Mission and programs · 2023
Mission
THE SUNY SCHENECTADY FOUNDATION EXISTS TO RAISE FUNDS THAT ADVANCE AND SUPPORT THE COLLEGE'S MISSION TO ENSURE STUDENT SUCCESS.
Activities or mission (Part I)
TO RAISE PHILANTHROPIC DONATIONS TO SUPPORT THE MISSION OF SUNY SCHENECTADY AND ITS STUDENTS.
-
SCHOLARSHIPS AND AWARDS TO RENDER FINANCIAL ASSISTANCE TO STUDENTS, FACULTY AND ADMINISTRATION.
Expenses $275,455 · Grants $275,455
-
TO SUPPORT EDUCATIONAL ACTIVTIES, CAPTIAL IMPROVEMENTS AND PROFESSIONAL DEVELOPMENT.
Expenses $498,191 · Grants $415,421
As filed on the 2023 return.
Listed in Part VII
-
Kenneth R CountermineKENNETH R COUNTERMINE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Lynn ManningLYNN MANNING
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Peter L GregoryPETER L GREGORY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Steady MoonoDR STEADY MOONO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Karen BradleyKAREN BRADLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ann Fleming BrownANN FLEMING BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin R BuhrmasterKEVIN R BUHRMASTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michelle CarrMICHELLE CARR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kara HaradenKARA HARADEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hon Margaret KingHON MARGARET KING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daria MallinDARIA MALLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne M MaloyJEANNE M MALOY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paula MarshmanPAULA MARSHMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Keven MathesKEVEN MATHES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Victor Mazzotti EsqVICTOR MAZZOTTI ESQ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sandra L MillerSANDRA L MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pastor Francis RigobertPASTOR FRANCIS RIGOBERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Donald Rohr PhDDONALD ROHR PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Kristin M SeaburgDR KRISTIN M SEABURG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly SpeckKIMBERLY SPECK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tina Chericoni Versaci EsqTINA CHERICONI VERSACI ESQ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ma WaheedMA WAHEED
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marianne SennecaMARIANNE SENNECA
VP OF DEVELOPMENT AND EXTE
- Total calculated
- $0
- Hours/week
- 35
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SUNY SCHENECTADY
$415,421
PROGRAM
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SCHENECTADY COUNTY COMMUNITY COLLEGE
GOVT · COMMUNITY COLLEGE · NY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540459349301089
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