NonprofitsMorrisville College Foundation Inc

Education

Morrisville College Foundation Inc

MORRISVILLE, NY

Total revenue

$7.2M

Total expenses

$6.2M

Net assets

$3.0M

Grants received

$1.1M

41 grants

EIN

510205028

Tax year

2023

Mission

The morrisville college foundation, inc (the foundation) was incorporated as a not-for-profit new york state corporation for the purposes of supporting the educational activities of the state university of new york college of agriculture and technology at morrisville. The specific activities of the foundation include, but are not limited to, funding scholarships, providing college assistance, administering endowment funds, and providing on-campus student housing.

Programs

2 programs

Commons revenue recovered this year and the college's improved methods of collecting student rent meant that the commons cash position was much more stable and predictable than in previous years. While occupancy dropped significantly from fall to spring, total occupancy remained over the 80% required in the budget.

Expenses: $4.9M

Temporarily restricted support for campus departments, teams and organizations was up again this year as departments come to rely more heavily on foundation dollars for their operational budgets. Restricted gifts to departments have become more popular and many smaller campaigns around these departments and the purchase of equipment, software or programming continues to be successful.

Financials

FY 2023

Revenue

Contributions & grants$2.9M
Program service revenue$4.2M
Investment income$166K
Other revenue
Total revenue$7.2M

Expenses

Grants paid$814K
Salaries & benefits
Fundraising$121K
Other expenses$5.4M
Total expenses$6.2M
Total assets$24.7M
Net assets$3.0M

People

27 listed

NameRoleCompensation

THOMAS C LEAMER

CHAIRMAN

Board

20 hrs/wk

GARY M SMALDONE

VICE CHAIRMAN

Board

20 hrs/wk

MARY C BRANHAM

TREASURER

Board

20 hrs/wk

NANCY L ROBERTS PHD

SECRETARY

Board

20 hrs/wk

LAWERENCE J BAKER

EMERITUS

Board

20 hrs/wk

SHIRLEY A CRAWFORD PHD

BOARD MEMBER

Board

20 hrs/wk

NORMA GALBREATH

BOARD MEMBER

Board

20 hrs/wk

BRIAN W HAUGLI

BOARD MEMBER

Board

20 hrs/wk

MARY CLAIRE HELMER

BOARD MEMBER

Board

20 hrs/wk

HARMON HOFF

BOARD MEMBER

Board

20 hrs/wk

MARK H KICHER

BOARD MEMBER

Board

20 hrs/wk

KRISY A MUNOZ

BOARD MEMBER

Board

20 hrs/wk

RITA L SCHARMAN

BOARD MEMBER

Board

20 hrs/wk

TERRI M SPIEGEL

BOARD MEMBER

Board

20 hrs/wk

JAMIE P CYR

VP OF ADMINISTRATION

Board

20 hrs/wk

PETER VANDERWOUDE

BOARD MEMBER

Board

20 hrs/wk

PATRICIA A KING

ALUMNI ADVISORY BOARD

Board

20 hrs/wk

DAVID E ROGERS PHD

PRESIDENT - MSC

Board

20 hrs/wk

JENNIFER BOWDEN

EXECUTIVE DIRECTOR, MAC

Board

20 hrs/wk

LARRY DROPPA

BOARD MEMBER

Board

20 hrs/wk

COLEEN R FABRIZI

BOARD MEMBER

Board

20 hrs/wk

STEPHEN HALE

BOARD MEMBER

Board

20 hrs/wk

STEPHEN PARAVATI

BOARD MEMBER

Board

20 hrs/wk

MILTON PICHARDO

BOARD MEMBER

Board

20 hrs/wk

DONALD E BABCOCK

EMERITUS

Board

20 hrs/wk

JENNIFER GILBERT-JENKINS

COLLEGE SENATE

Board

20 hrs/wk

THERESA R KEVORKIAN

EXECUTIVE DIRECTOR

Board

40 hrs/wk

Grants received

Showing 41 of 41

FromAmountPurposeYear
$126K
NYS TAX CREDIT PROGRAM DONATIONS: VARIOUS; SUPPORT OF SUNY SYSTEM & CAMPUS INITIATIVES: ASAP - ACE, CIVIC FELLOWSHIPS; SUPPORT OF SUNY SCHOLARSHIPS & FELLOWSHIPS: NURSING
2024
$45K
SCHOLARSHIPS AND NURSING
2024
$35K
SCHOLARSHIPSAND SIMULATION SOFTWARE
2024
$114K
For grant recipient's exempt purposes
2023
$64K
ASAP - ACE: SUPPORT OF CAMPUS & SUNY SYSTEMS INITIATIVES
2023
$40K
SCHOLARSHIPS AND NURSING
2023
$39K
SCHOLARSHIPS
2023
$36K
NYS TAX CREDIT DONATIONS: VARIOUS
2023
$30K
SCHOLARSHIPSAND SIMULATION SOFTWARE
2023
$250
OTHER CIVIC / COMMUNITY
2023
$42K
NYS TAX CREDIT DONATIONS: VARIOUS
2022
$30K
NURSING SCHOLARSHIPSAND SIMULATION SOFTWARE
2022
$15K
SCHOLARSHIPS
2022
$11K
For grant recipient's exempt purposes
2022
$1K
EDUCATIONAL
2022
$250
MIP PAYOUT FOR 01/27/2022
2022
$67K
For grant recipient's exempt purposes
2021
$67K
For grant recipient's exempt purposes
2021
$15K
SCHOLARSHIPS
2021
$1K
EDUCATIONAL
2021
$68K
For grant recipient's exempt purposes
2020
$10K
TO DISTRIBUTE CHARITABLE GIFTS FROM PRIVATE SOURCES TO PROVIDE OPPORTUNITIES FOR STUDENTS
2020
$10K
NURSING SCHOLARSHIPS
2020
$5K
GENERAL OPERATIONS
2020
$4K
HOLIDAY MEAL PROGRAM
2020
$2K
FOOD AND DAIRY
2020
$1K
PROMOTE OXFORD NOW
2020
$113
EMPLOYEE MATCHING GRANT
2020
$50K
SUNY TOGETHER STUDENT EMERGENCY
2019

Funded by

$1.1M from 19 funders · 41 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$327K · 5 grants · 2020–2023

Suny Impact Foundation Inc

$318K · 5 grants · 2019–2024

The Greater Norwich Foundation

$115K · 4 grants · 2021–2024

The Roger W Follett Foundation Inc

$105K · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$84K · 3 grants · 2021–2023

A Lindsay & Olive B O'connor

$39K · 1 grant · 2023

Oneida Savings Bank Charitable Foundation

$15K · 3 grants · 2020–2024

Thrivent Charitable Impact & Investing

$14K · 2 grants · 2023–2024

Details

EIN510205028
NTEE codeB42I
Subsection03
Ruling date1976-12
Formed1976
Employees0
Volunteers25
MORRISVILLE COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo