2024-05-14T21:28:18-05:00 2023-06-30 161226221 FUSTCHARLES LLP 220 S WARREN STREET SYRACUSE NY 13202 990 2022-07-01 237412413 STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION INC STAT 3157927273 100 SEYMOUR ROAD UTICA NY 13502 ANDREA LAGATTA EXECUTIVE DIRECTOR 3157927273 2024-05-13 1 ANDREA LAGATTA 999009999 1 THOMAS J GIUFRE P00841958 3154463600 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREA LAGATTA 100 SEYMOUR ROAD UTICA NY 13502 6226071 0 X WWW.SUNYPOLY.EDU/FOUNDATION X 1974 NY THE STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION OPERATES PRIMARILY TO ENCOURAGE AND RECEIVE CHARITABLE CONTRIBUTIONS FOR THE BENEFIT OF THE STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE (SUNY POLY). 19 14 0 200 0 0 2575374 984748 0 0 432677 79853 -22340 -31782 2985711 1032819 783709 704973 0 0 0 0 0 0 25845 221839 224821 1005548 929794 1980163 103025 11650114 12847316 109722 81889 11540392 12765427 THE STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION OPERATES PRIMARILY TO ENCOURAGE AND RECEIVE CHARITABLE CONTRIBUTIONS FOR THE BENEFIT OF THE STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE (SUNY POLY). 0 0 505997 505997 SCHOLARSHIP AND ASSISTANCE TO ELIGIBLE INDIVIDUALS ATTENDING SUNY POLY. 447 SCHOLARSHIPS GIVEN OUT. 199139 198976 GRANTS AWARDED TO SUPPORT SUNY POLY CAMPUS ACTIVITIES, OTHER THAN SCHLOARSHIPS. THE SUPPORTED ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, FUNDING OF AWARDS, SUPPORTING FACULTY, CAMPUS AND COMMUNITY ACTIVITIES, GRADUATION AND CLUB ACTIVITIES. 705136 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 14 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JOHN M REALE 3157927341 100 SEYMOUR ROAD UTICA NY 13502 SUSAN HEAD TREASURER 0.50 39.50 X X 0 0 0 LYNN ROSEN MEMBER 0.20 X 0 0 0 LOUIS LEOGRANDE MEMBER 0.30 X 0 0 0 SCOTT MCCARTNEY MEMBER 0.30 X 0 0 0 JOSEPH BARRETTA MEMBER 0.30 X 0 0 0 HEATHER HAGE MEMBER 0.20 X 0 0 0 STEPHEN TETI CHAIR 0.20 X X 0 0 0 ANTHONY VENNERO VICE CHAIR 0.20 X X 0 0 0 JOANNE DONARUMA WADE MEMBER 0.20 X 0 0 0 GREGORY DENBEAUX MEMBER 0.20 39.80 X 0 128157 79265 KRISTA THOMPSON MEMBER 0.20 39.80 X 0 97466 60283 MICHAEL FRAME CEO 0.75 39.25 X X 0 112619 71761 MELISSA CUMMINGS SECRETARY 0.30 X X 0 0 0 ANITA BROWN MEMBER 0.30 X 0 0 0 JOHN HOBIKA JR MEMBER 0.30 X 0 0 0 ASHLEY EVANS MEMBER 0.30 X 0 0 0 JASMINKA HUSIC MEMBER 0.30 X 0 0 0 MEGAN DISCHIAVO MEMBER 0.30 X 0 72590 46255 NICK ROSSI MEMBER 0.30 X 0 0 0 MARY ELLEN BURDICK TREASURER - BEG. FY2024 0.00 X 0 0 0 ANDREA LAGATTA EXECUTIVE DIRECTOR 40.00 X 0 110795 70599 0 521627 328163 0 0 1 0 0 80661 50143 853944 10360 984748 405310 405310 4836013 5161470 -325457 -325457 -325457 0 80661 31782 -31782 -31782 1032819 0 0 48071 198976 198976 505997 505997 12000 12000 19352 19352 109774 109774 BANKING EXPENSE 57687 57687 FUNDRAISING ACTIVITIES 4512 4512 UNCOLLECTIBLE PLEDGES 163 163 21333 21333 929794 705136 198813 25845 828737 700883 21135 21151 28418 18375 25933 25136 2994 0 4699 2994 10741192 12078777 11650114 12847316 91122 62869 18600 19020 109722 81889 X 334661 468393 11205731 12297034 11540392 12765427 11650114 12847316 103025 1122010 0 X X 0 1 X 1 0 X 448797 552700 1741024 2575374 984748 6302643 448797 552700 1741024 2575374 984748 6302643 1395858 4906785 135484 201852 268392 359388 405310 1370426 7673069 0.63950 0.68070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7437760 83747 1011646 279047 126674 8127432 7419456 1073979 -696657 286097 389 72532 7437760 6072139 23361 1629888 230997 520 74415 7419456 6118976 68683 159261 213445 61336 6072139 5811992 63213 494850 189256 61823 6118976 0.35931 0.64068 0 1 1 2994 2994 2994 EQUITY FUND 12078777 F 12078777 X 2327050 1122010 250213 31782 1404005 923045 109774 109774 1032819 1102015 250213 31782 281995 820020 109774 109774 929794 PART V, LINE 4: THE ENDOWMENT FUNDS CONSIST OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES THAT HAVE BEEN RESTRICTED BY DONORS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A FOUNDATION QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS ALSO BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ENTITY WHICH IS NOT A PRIVATE FOUNDATION. AS OF JUNE 30, 2023 AND 2022, THE FOUNDATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR ANY ACCRUED INTEREST OR PENALTIES AS EXPENSES. IT IS THE FOUNADATION'S POLICY TO RECOGNIZE ANY INTEREST AND PENALTIES AS EXPENSES. THE TAX YEARS OPEN TO EXAMINATION BY THE FEDERAL AND NEW YORK STATE TAXING AUTHORITIES ARE 2020 THROUGH 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN PART VIII 31,782. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN PART VIII 31,782. DAY OF GIVING 49010 49010 567 1222 SARATOGA EVENT 31651 31651 9771 20222 80661 80661 10338 21444 31782 -31782 1 STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUE 100 SEYMOUR ROAD UTICA NY 13502 146013200 198976 0 FMV CAMPUS SUPPORT, DEVELOPMENT AND EVENTS STUDENT SCHOLARSHIPS 447 505997 0 0 0 0 0 0 0 0 0 GREGORY DENBEAUX MEMBER 0 128157 0 0 0 0 0 0 0 79265 0 207422 0 0 MICHAEL FRAME CEO 0 112619 0 0 0 0 0 0 0 71761 0 184380 0 0 ANDREA LAGATTA EXECUTIVE DIRECTOR 0 110795 0 0 0 0 0 0 0 70599 0 181394 0 0 KRISTA THOMPSON MEMBER 0 97466 0 0 0 0 0 0 0 60283 0 157749 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES SHALL MANAGE THE AFFAIRS OF THE FOUNDATION. THE BOARD SHALL CONSIST OF NOT LESS THAN 20 OR MORE THAN 30 MEMBERS. IT SHALL BE THE DUTY OF THE NOMINATING COMMITTEE TO ACCRUE A LIST OF POTENTIAL BOARD OF TRUSTEE MEMBERS AND FROM THIS POOL NOMINATE CANDIDATES FOR BOARD OF TRUSTEES AND OFFICERS TO BE ELECTED AT THE ANNUAL MEETING HELD IN THE FALL OF THE YEAR, OR UPON OCCURRENCE OF A VACANCY. THE NOMINATING COMMITTEE SHALL REPORT ITS LIST OF NOMINEES FOR VACANCIES TO THE BOARD OF TRUSTEES AT A REGULAR MEETING TO BE VOTED UPON AT THE FOLLOWING MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD VOTES ON ISSUES AT THEIR REGULAR MEETINGS. BETWEEN MEETINGS THE EXECUTIVE COMMITTEE HAS AUTHORITY FOR DAY TO DAY MANAGEMENT DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE ON BEHALF OF THE FULL BOARD OF DIRECTORS PRIOR TO SUBMITTING. THE 990 IS AVAILABLE TO ALL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY OF THE CORPORATION SHALL DISTRIBUTE ANNUALLY TO ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES (AS IDENTIFIED BY THE CORPORATION), A FORM SOLICITING THE DISCLOSURE OF ALL CONFLICTS OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE CORPORATION AND WHETHER THE PROCESS FOR APPROVAL SET FORTH WAS USED. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS REVIEWED AND SET BY THE PRESIDENT OF THE UNIVERSITY ON AN ANNUAL BASIS. THE PRESIDENT UTILITZES THE COMPARATIVE DATA ON COMPENSATION AND BENEFITS FOR STATE UNIVERSITIES OF COMPARABLE SIZE. FORM 990, PART VI, SECTION C, LINE 18 GRANTED UPON WRITTEN REQUEST OF AN INDIVIDUAL, ALL FORMS ARE AVAILABLE AT THE ORGANIZATIONS ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. A REPRESENTATIVE FROM THE ORGANIZATION WILL BE PRESENT AT ALL TIMES DURING THE REVIEW. UPON REQUEST, COPIES OF THE FORMS WILL BE PROVIDED. FORM 990, PART VI, SECTION C, LINE 19 GRANTED UPON WRITTEN REQUEST OF AN INDIVIDUAL, ALL FORMS ARE AVAILABLE AT THE ORGANIZATIONS ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. A REPRESENTATIVE FROM THE ORGANIZATION WILL BE PRESENT AT ALL TIMES DURING THE REVIEW. UPON REQUEST, COPIES OF THE FORMS WILL BE PROVIDED. FORM 990, PART XII, LINE 2C THERE IS NO CHANGE FROM THE PRIOR YEAR. STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE (SUNY POLY) 100 SEYMOUR ROAD UTICA NY 13502 146013200 EDUCATION NY N/A N/A N/A 0 SUNY POLYTECHNIC INSTITUTE AUXILIARY SERVICES CORPORATION 100 SEYMOUR ROAD UTICA NY 13502 161017742 AUXILIARY ENTERPRISE SERVICES NY 501(C)(3) LINE 11 STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE (SUNY POLY) 0 STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE STUDENT ASSOCIATION INC 100 SEYMOUR ROAD UTICA NY 13502 161471904 ENSURE THE QUALITY OF LIFE FOR STUDENTS AT THE SUNY POLY CAMPUSES NY 501(C)(3) LINE 5 STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE (SUNY POLY) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0