Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $156,591

• 1f · All other contributions, gifts and grants

  $21,340,540

• 1g · Noncash contributions included above

  $175,723

• 2a · Program service revenue: ADMIN FEE INCOME

  total $519,693 · related or exempt $519,693

• 2b · Program service revenue: PROGRAM ACTIVITIES AND OTHER REVE

  total $255,480 · related or exempt $255,480

• 3 · Investment income

  total $1,920,459 · unrelated business -$101,467 · excluded $2,021,926

• 6a · Gross rents

  real property $58,134

• 6b · Less rental expenses

  real property $368,989

• 6c · Rental income or loss

  real property -$310,855

• 6d · Net rental income or loss

  total -$310,855 · excluded -$310,855

• 7a · Gross sales of assets other than inventory

  securities $418,336

• 7b · Less cost or other basis and sales expenses

  securities $417,401

• 7c · Gain or loss

  securities $935

• 7d · Net gain or loss

  total $935 · unrelated business $60,060 · excluded -$59,125

• 8a · Fundraising events: gross income

  $48,647

• 8a · Fundraising events: contributions included on line 1c

  $156,591

• 8b · Fundraising events: direct expenses

  $99,104

• 8c · Net income from fundraising events

  total -$50,457 · excluded -$50,457

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $486,931 · program services $486,931

• 2 · Grants to domestic individuals

  total $3,931,431 · program services $3,931,431

• 5 · Compensation of officers, directors and key employees

  total $275,455 · program services $4,704 · management and general $270,751

• 7 · Other salaries and wages

  total $421,450 · management and general $421,450

• 8 · Pension plan contributions

  total $41,167 · management and general $41,167

• 9 · Other employee benefits

  total $60,907 · management and general $60,907

• 10 · Payroll taxes

  total $45,553 · management and general $45,553

• 11b · Fees: legal

  total $160 · management and general $160

• 11c · Fees: accounting

  total $101,710 · management and general $101,710

• 11d · Fees: lobbying

  total $33,000 · program services $33,000

• 11e · Fees: professional fundraising services

  total $37,500 · fundraising $37,500

• 11f · Fees: investment management

  total $162,576 · management and general $162,576

• 11g · Fees: other

  total $775,213 · program services $748,294 · management and general $2,874 · fundraising $24,045

• 12 · Advertising and promotion

  total $18,393 · program services $18,393

• 17 · Travel

  total $773,581 · program services $736,530 · management and general $8,825 · fundraising $28,226

• 23 · Insurance

  total $31,084 · management and general $31,084

• 24a · Other expenses: SUPPLIES AND SERVICES

  total $596,619 · program services $402,580 · management and general $67,038 · fundraising $127,001

• 24b · Other expenses: UNIVERSITY STAFFING

  total $486,438 · program services $486,438

• 24c · Other expenses: MEETINGS AND EVENTS

  total $476,896 · program services $476,896

• 24d · Other expenses: INFORMATION TECHNOLOGY

  total $344,725 · program services $344,725

• 24e · All other expenses

  total $1,114,163 · program services $596,445 · management and general $85,476 · fundraising $432,242

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,485,976 · end of year $2,915,801

• 2 · Savings and temporary cash investments

  beginning of year $1,000 · end of year $11,040

• 3 · Pledges and grants receivable

  beginning of year $12,074,929 · end of year $17,648,382

• 9 · Prepaid expenses and deferred charges

  beginning of year $559,618 · end of year $546,877

• 10a · Land, buildings and equipment: cost or other basis

  $1,045,159

• 10b · Land, buildings and equipment: accumulated depreciation

  $332,990

• 10c · Land, buildings and equipment, net

  beginning of year $690,230 · end of year $712,169

• 11 · Investments: publicly traded securities

  beginning of year $72,155,632 · end of year $82,077,689

• 12 · Investments: other securities

  beginning of year $71,330,573 · end of year $76,440,258

• 15 · Other assets

  beginning of year $3,214,737 · end of year $3,387,788

• 17 · Accounts payable and accrued expenses

  beginning of year $690,237 · end of year $653,042

• 25 · Other liabilities

  beginning of year $12,872,092 · end of year $12,637,473

• 27 · Net assets without donor restrictions

  beginning of year $26,055,504 · end of year $31,554,482

• 28 · Net assets with donor restrictions

  beginning of year $122,894,862 · end of year $138,895,007

The filer's explanations (Part III)

PART I, LINE 1A

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• (1) POOLED INCOME FUND (1)

  INVESTING · NY

  Directly controlled by UA FOUNDAT