2024-11-11T14:19:32-06:00 2024-06-30 161131146 BONADIO & CO LLP 432 NORTH FRANKLIN STREET SYRACUSE NY 13204 990 2023-07-01 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 2024-11-11 1 1 BETTINA LIPPHARDT P00956232 3154227109 2024-11-04 2023 2024-10-15 13:58:12Z SHEILA DOYLE PO BOX 6005 BINGHAMTON NY 139026005 215534928 0 X WWW.BINGHAMTON.EDU/GIVING X 1957 NY THE FOUNDATION WAS ESTABLISHED TO ACCEPT 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 SERVICE THE PREVIOUSLY STATED PURPOSE 38 35 0 250 20503 19503 17192144 44015950 78850 74425 33756842 33632224 6949444 5117157 57977280 82839756 74972526 105756855 0 0 2232594 2265083 354110 322952 2797203 2447617 3435923 80006847 111780813 -22029567 -28941057 496626686 468776672 13278694 19616386 483347992 449160286 SEE 990 PART 1 LINE 1 0 0 107077345 105756855 23158592 SUPPORT OF ACTIVITIES OF THE UNIVERSITY BY MEANS OF SCHOLARSHIPS AND GRANTS TO QUALIFYING STUDENTS ($6,158,947), FINANCIAL ASSISTANCE TO THE PROGRAMS AND ACTIVITIES OF THE FACULTY AND STUDENTS OF THE UNIVERSITY ($99,597,908), AND ALLOCATED ADMINISTRATIVE EXPENSES FOR THESE PROGRAMS ($1,320,490). 80987 74425 BINGHAMTON UNIVERSITY FORUM IS A MEMBER ONLY GROUP FORMED BY THE FOUNDATION TO PROMOTE COMMUNITY RELATIONS AND ENCOURAGE PRIVATE SUPPORT OF THE UNIVERSITY. 107158332 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 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 1 677 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY MD MA CO NJ NH X X ELAINE JI 6077774849 4400 VESTAL PKWY VESTAL NY 13850 ALBERT NOCCIOLINO DIRECTOR 0.30 X 0 0 0 ALEX HUPPE DIRECTOR 0.30 X 0 0 0 ANDREW BONZANI DIRECTOR 0.30 X 0 0 0 ANITA BORKENSTEIN SECRETARY 0.30 X X 0 0 0 BAI LEE DIRECTOR 0.30 X 0 0 0 CAROLYN MANCINI DIRECTOR 0.30 X 0 0 0 CATHLEEN M ELLSWORTH DIRECTOR 0.30 X 0 0 0 CHARLES KIM DIRECTOR 0.30 X 0 0 0 DONALD HALL EX-OFFICIO DIRECTOR 0.30 X 0 0 0 ELIZABETH KOFFMAN DIRECTOR 0.30 X 0 0 0 ERIC HAUSLER DIRECTOR 0.30 X 0 0 0 GERALDINE MACDONALD DIRECTOR 0.30 X 0 0 0 HARVEY STENGER EX-OFFICIO DIRECTOR 0.30 X 0 0 0 HOWARD UNGER DIRECTOR 0.30 X 0 0 0 JAMES ORBAND DIRECTOR 0.30 X 0 0 0 JEFFREY TUCKER TREASURER 0.30 X X 0 0 0 JESSICA LORDEN DIRECTOR 0.30 X 0 0 0 JOHN CARRIGG DIRECTOR 0.30 X 0 0 0 JOHN KOCH EX-OFFICIO DIRECTOR 0.30 X 0 0 0 JOSEPH HALESKI DIRECTOR 0.30 X 0 0 0 JUDITH GARCZYNSKI FLEISHMAN DIRECTOR 0.30 X 0 0 0 KAREN FEUER DIRECTOR 0.30 X 0 0 0 KATHERINE WARNER DIRECTOR 0.30 X 0 0 0 KEITH HORN DIRECTOR 0.30 X 0 0 0 KENNETH GOLDBLATT DIRECTOR 0.30 X 0 0 0 MARK ZURACK DIRECTOR 0.30 X 0 0 0 MICHAEL D TIMMENY DIRECTOR 0.30 X 0 0 0 MICHAEL NEEDLE DIRECTOR 0.30 X 0 0 0 MITCHELL GOLDSTEIN DIRECTOR 0.30 X 0 0 0 MITCHELL LIEBERMAN DIRECTOR 0.30 X 0 0 0 OWEN PELL PAST CHAIR 0.30 X 0 0 0 PAUL TUROVSKY DIRECTOR 0.30 X 0 0 0 STEVEN BLOOM DIRECTOR 0.30 X 0 0 0 STUART KOENIG CHAIR 0.30 X X 0 0 0 TYRONE MUSE VICE CHAIR 0.30 X X 0 0 0 CARA TREIDEL EX-OFFICIO DIRECTOR 0.30 X 0 0 0 ABBY GOLDSTEIN DIRECTOR 0.30 X 0 0 0 MICHAEL KERNER DIRECTOR 0.30 X 0 0 0 KIM MYERS DIRECTOR 0.30 X 0 0 0 SHEILA DOYLE EXECUTIVE DIRECTOR 30.50 9.50 X 0 291914 45621 0 291914 45621 0 0 1 0 WILSON-BENNETT TECHNOLOGY INC PO BOX 717 CABOT AR 72023 FUNDRAISING CONSULTANT 303792 MERCER INVESTMENTS LLC 21875 NETWORK PLACE CHICAGO IL 606731218 INVESTMENT CONSULTANT 129976 2 21380181 22635769 1499690 44015950 BU FORUM - MEMBERSHIP DUES 900099 74425 74425 74425 15590789 20503 15570286 150736607 132695172 18041435 18041435 18041435 ACCOUNTING SERVICES 900099 2620046 2620046 BFSS, LLC 900099 1742373 1742373 MISCELLANEOUS 900099 754738 754738 5117157 82839756 23233017 20503 15570286 99597908 99597908 6158947 6158947 2265083 537639 1727444 2502 2502 26750 26750 322952 322952 1043855 1043855 85518 33008 52510 213568 63347 150221 54505 6189 48316 53584 23867 29717 9855 9855 57905 57905 PROGRAM - BFSS, LLC 1320490 1320490 FUNDRAISING - OTHER 466043 466043 PROGRAM - BU FORUM 80987 80987 MISCELLANEOUS 20361 20361 111780813 107158332 1825278 2797203 9217759 14395049 5678119 4800570 8862499 13381210 4851870 5691440 132231 154691 24696864 2360272 21379971 22336592 274433487 327997213 167610533 75226319 4460217 4793588 496626686 468776672 3280635 4057016 6547991 11824003 3450068 3735367 13278694 19616386 X 272925328 195960663 210422664 253199623 483347992 449160286 496626686 468776672 X -28941057 -4661931 -584718 X X 0 1 X 1 0 X 12498085 10146029 16437505 17192144 44015950 100289713 1977136 1982675 1887865 1956095 2079182 9882953 14475221 12128704 18325370 19148239 46095132 110172666 3134261 107038405 5622159 5788755 6497947 11876832 15590789 45376482 1901194 2018137 2270748 2302616 8492695 164041843 13008671 0.65250 0.63650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 84184036 158178210 1 1 0 1 X 180511839 33125722 18616181 4104748 7120621 221028373 134838046 43659346 10746375 2580340 6151588 180511839 145497009 6862693 -9258565 2303789 5959302 134838046 115728680 4172779 34241949 2238788 6407611 145497009 117321337 4489788 5422093 2062337 9442201 115728680 0.01500 0.72260 0.26240 0 0 12563851 12563851 11618345 2131221 9487124 103100 8791 94309 411568 220260 191308 22336592 DISTRESSED DEBT 7103315 F HEDGE FUNDS 22497953 F PRIVATE EQUITY/VENTURE CAPITAL PARTNERSHIPS 35049131 F REAL ASSETS 10575920 F 75226319 TERM PROMISSORY NOTE - BFSS 3735367 3735367 X 80412244 -4661931 2079182 1199092 -1383657 81795901 1043855 1043855 82839756 115570213 2079182 2754073 4833255 110736958 1043855 1043855 111780813 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 - $122,585,507 UNIVERSITY SUPPORT - $95,136,396 GENERAL SUPPORT - $3,306,470 TOTAL - $221,028,373 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 1,199,092. CRP PART XII, LINE 2D - OTHER ADJUSTMENTS: STHTI ACTIVITY 2,169,355. PLEDGE WRITE-OFFS 584,718. EUROPE 0 0 INVESTMENTS 2578370 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 35554142 0 0 0 0 0 0 38132512 0 38132512 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 183750 270391 -86641 183750 270391 -86641 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 15123872 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) 290000 0 SUPPORT OF ALUMNI OPERATIONS GREATER HORIZONS 1055 BROADWAY STE 130 KANSAS CITY MO 64105 200849590 501(C)(3) 84184036 0 UNRESTRICTED SUPPORT SCHOLARSHIPS, AWARDS, AND GRANTS 2445 6158947 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 256914 0 0 0 35000 0 33648 0 11973 0 337535 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 8 0 VALUE PER GAAP X 56 1499690 AVERAGE HIGH/LOW 1 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 VI, SECTION A, LINE 1A 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 XI, LINE 9: PLEDGE WRITE-OFFS -584,718. FORM 990, PART VII, SECTION A 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 1742373 12374296 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 22005392 158178210 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 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 STATE UNIVERSITY OF NEW YORK AT BINGHAMTON 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 1 0 1 0 1 1 0 1 0 0 STATE UNIVERSITY OF NEW YORK AT BINGHAMTON B 15123872 CASH SOUTHERN TIER HIGH TECHNOLOGY INCUBATOR INC B 330069 CASH STATE UNIVERSITY OF NEW YORK AT BINGHAMTON J 821275 CASH SOUTHERN TIER HIGH TECHNOLOGY INCUBATOR INC Q 63072 CASH