2025-12-04T15:40:50-06:00 2025-06-30 161226221 FUSTCHARLES LLP 220 S WARREN STREET SYRACUSE NY 13202 990 2024-07-01 237088021 POTSDAM COLLEGE FOUNDATION INC POTS 3152672872 44 PIERREPONT AVENUE POTSDAM NY 13676 AMY KELLOGG PRESIDENT 5184344377 2025-12-01 1 1 THOMAS J GIUFRE P00841958 3154463600 2025-12-01 2024 2025-03-06 01:10:19Z DAVID DAVIN 44 PIERREPONT AVENUE POTSDAM NY 13676 9486866 0 X HTTP://WWW.POTSDAM.EDU/GIVING/PCF X 1968 NY THE MISSION OF THE POTSDAM COLLEGE FOUNDATION IS TO SECURE AND MANAGE PRIVATE FINANCIAL SUPPORT AND OTHER GIFTS THAT BUILD A SUSTAINABLE FUTURE FOR SUNY POTSDAM. THE FOUNDATION IS COMMITTED TO THE COLLEGE'S GOAL TO RECRUIT AND RETAIN STUDENTS, AND ENHANCE THEIR EXPERIENCES IN AND OUT OF THE CLASSROOM. THE FOUNDATION STEWARDS ITS RESOURCES FOR THE LONG-TERM BENEFIT OF SUNY POTSDAM WHILE ALSO PROVIDING THE MAXIMUM POSSIBLE CURRENT FINANCIAL SUPPORT TO THE COLLEGE AND ITS STUDENTS, CONSISTENT WITH THE WISHES OF THE FOUNDATION'S GENEROUS DONORS. 23 23 0 43 0 0 3907004 3055857 341715 441655 2501799 2440334 32974 26040 6783492 5963886 3118805 2636571 0 0 0 0 46000 46000 437873 744602 815354 3909407 3497925 2874085 2465961 63686172 71919211 28233 18463 63657939 71900748 X SEE SCHEDULE O 0 0 2992135 2636571 441655 SEE SCHEDULE OTHE POTSDAM COLLEGE FOUNDATION IS A NON-PROFIT CORPORATION, ESTABLISHED IN 1968 TO STEWARD THE CONTINUNED GROWTH OF PRIVATE GIVING IN SUPPORT OF SUNY POTSDAM. THE FOUNDATION IS GOVERNED BY A VOLUNTEER BOARD OF TRUSTEES WHICH INCLUDES REPRESENTATION FROM SUNY POTSDAM'S ALUMNI, FACULTY, FACULTY EMERITI AND STUDENTS, AS WELL AS THE REGIONAL AND NATIONAL COMMUNITY. GIFTS TO THE FOUNDATION ARE USED TO PROVIDE ANNUAL SUPPORT TO MEET ONGOING CAMPUS NEEDS AND TO ESTABLISH PERMANENT ENDOWMENTS TO SUPPORT SUCH THINGS AS STUDENT SCHOLARSHIPS AND PROGRAMS. IN ADDITION, THE FOUNDATION OWNS ART OBJECTS AND CULTURAL ARTIFACTS THAT ARE USED FOR TEACHING AND FOR DISPLAY ON CAMPUS. THE TOTAL ASSETS MANAGED BY THE FOUNDATION EXCEED $71.9 MILLION, INCLUDING AN ENDOWMENT COMPRISED OF GIFTS FROM BOTH INDIVIDUALS AND INVESTMENT RETURNS. 2992135 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 95 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X CHRISTINE HAILE 3152672190 44 PIERREPONT AVE POTSDAM NY 13676 AMY KELLOGG PRESIDENT 1.00 X X 0 0 0 RONALD FISHBECK VICE PRESIDENT 1.00 X X 0 0 0 JUSTIN SIPHER SECRETARY 1.00 X X 0 0 0 CHRISTINE HAILE TREASURER 1.00 X X 0 0 0 MICHAEL GALANE TRUSTEE EMERITUS 1.00 X 0 0 0 GARY HIND TRUSTEE EMERITUS 1.00 X 0 0 0 ROGER LINDEN TRUSTEE EMERITUS 1.00 X 0 0 0 JESSICA PEARSON FACULTY SENATE REP 1.00 39.00 X 0 81314 23828 KADI PALMER STUDENT GOVERNMENT REP 1.00 X 0 0 0 JAMES BERRIMAN TRUSTEE 1.00 X 0 0 0 LYNNE BOLES TRUSTEESHIP COMMITTEE CHAIR 1.00 X 0 0 0 MARJORIE CHIAFERY TRUSTEE 1.00 X 0 0 0 RICHARD EVANS TRUSTEE 1.00 X 0 0 0 KATE GIGLIOTTI TRUSTEE 1.00 X 0 0 0 SEAN LEOUS TRUSTEE 1.00 X 0 0 0 ELDON HARRIS TRUSTEE 1.00 X 0 0 0 JUDE KIAH TRUSTEE 1.00 X 0 0 0 ADEBISI OJE TRUSTEE 1.00 X 0 0 0 SUZANNE SMITH COLLEGE PRESIDENT 1.00 39.00 X 0 281603 73254 TIFFANY SORICELLI TRUSTEE 1.00 X 0 0 0 DANIEL VOCE TRUSTEE 1.00 X 0 0 0 ERIN WAGNER O'BRIEN TRUSTEE 1.00 X 0 0 0 ROBERT WAGNER TRUSTEE 1.00 X 0 0 0 BROOKS WASHBURN TRUSTEE 1.00 X 0 0 0 LAURA WESSING TRUSTEE 1.00 X 0 0 0 KLAYTON SCHAEFER TRUSTEE 1.00 X 0 0 0 HENRIQUE SCHEMBRY TRUSTEE 1.00 X 0 0 0 JOYCE YIANOUKOS TRUSTEE 1.00 X 0 0 0 GREG GARDNER FACULTY SENATE REP 1.00 39.00 X 0 104862 47987 MARK HAYMAN TRUSTEE 1.00 X 0 0 0 DAVID DAVIN EXECUTIVE DIRECTOR 1.00 39.00 X 0 152659 55869 JULIE HELENBROOK BUSINESS MANAGER 40.00 X 0 78892 44368 0 699330 245306 0 0 1 0 0 3055857 108436 3055857 CONCERT PERFORMANCES 900099 441655 441655 441655 1668678 1668678 26040 26040 4238895 55741 3456772 66208 782123 -10467 771656 771656 5963886 441655 0 2466374 1602357 1602357 1034214 1034214 6204 6204 30867 30867 46000 46000 20000 20000 10846 10846 75690 75690 FUNDRAISING EXPENSE 391873 391873 COMMUNITY PERFORMANCE S 279874 279874 3497925 2992135 67917 437873 232924 137816 285000 165000 878359 514507 583297 403664 241965 179633 61380881 70347040 638483 543895 28560 31320 63686172 71919211 28233 18463 28233 18463 X 6370102 7317485 57287837 64583263 63657939 71900748 63686172 71919211 X 2465961 5786618 -9770 X X 0 1 X 1 0 X 3609607 2435384 2297266 3907004 3055857 15305118 1026852 1026852 1107307 1085158 1321588 5567757 4636459 3462236 3404573 4992162 4377445 20872875 946081 19926794 1057197 1465408 1355135 1499931 1694717 7072388 27945263 1706218 0.71310 0.74030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X EDUCATION 0 53841887 1735562 7339013 2502427 60414035 47209852 2105104 6872332 2345401 53841887 41226819 1840453 6109926 1967346 47209852 40062769 1028077 1935884 1799911 41226819 37026840 2174297 1602736 741104 40062769 1.00000 0 0 583297 403664 179633 179633 ANNUITIES PAYABLE 18463 18463 X 13062322 5786618 1321588 7108206 5954116 9770 9770 5963886 4819513 1321588 1321588 3497925 0 3497925 PART III, LINE 1A: THE ART COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE FOUNDATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS A DECREASE IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS ARE USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. CONTRIBUTED COLLECTION ITMES ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE RELFECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART V, LINE 4: THE PRIMARY INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO MAINTAIN A STEADY SOURCE OF FUNDING FOR STUDENT SCHOLARSHIPS TO SUNY POTSDAM STUDENTS AND COLLEGE ASSISTANCE, INCLUDING FUNDS FOR CAMPUS IMPROVEMENTS AND VARIOUS OTHER COLLEGE PROGRAMS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFELCTED IN THE FINANICAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES AN INCOME TAX PROVISION BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. THE INTERNAL REVENUE SERVICE FORM 990 FILED BY THE FOUNDATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR THE YEARS ENDED JUNE 20, 2022, AND PRIOR. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 9,770. X 1 WASHBURN & MCGOLDRICK LLC 24 N BRYN MAWR AVENUE STE 252 BRYN MAWR PA 19010 FUNDRAISING CAMPAIGN 0 0 36000 -36000 WINDFALL DATA INC 595 PACIFIC AVE FLOOR 4 SAN FRANCISCO CA 94133 WEALTH SCREENING 0 0 10000 -10000 46000 -46000 1 STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) 44 PIERREPONT AVENUE POTSDAM NY 13676 146013200 GOV 1602357 0 PROGRAMS, CAMPUS IMPROVEMENTS, DEVELOPMENT, STUDENT SCHOLARSHIPS SCHOLARSHIP AWARDS 504 1034214 PART I, LINE 2: RESTRICTIONS FOR EACH FUND/ACCOUNT ARE DOCUMENTED ON A DESIGNATION SCREEN WITHIN OUR DATABASE, MAKING THEM EASILY ACCESSIBLE AS ACCOUNTS PAYABLE REQUESTS ARE SUBMITTED. ADDITIONALLY, WHEN A FUND IS ENDOWED, A GIFT AGREEMENT IS GENERATED OUTLINING DONOR INTENT AND USE OF FUNDS. ALL ACCOUNTS ARE MONITORED AND REVIEWED ANNUALLY BY THE FOUNDATION BUSINESS OFFICE AND STEWARDSHIP OFFICE. ADDITIONALLY, ALL ACCOUNTS ARE REVIEWED SEMI-ANNUALLY WITH CAMPUS LEADERSHIP TO ENSURE PROPER USE IN ORDER TO MEET THE GREATEST NEEDS OF THE COLLEGE AND ITS PROGRAMS. 0 0 0 0 0 0 0 0 0 SUZANNE SMITH COLLEGE PRESIDENT 0 281603 0 0 0 0 0 39839 0 33415 0 354857 0 0 DAVID DAVIN EXECUTIVE DIRECTOR 0 152659 0 0 0 0 0 22454 0 33415 0 208528 0 0 GREG GARDNER FACULTY SENATE REP 0 104862 0 0 0 0 0 14572 0 33415 0 152849 0 0 X 5 9881 FMV X 3 370 FMV X MUSICAL ITEMS 5 93925 FMV X MISC. ITEMS 14 45065 FMV X ALUMNI AUCTION ITEMS 13 1375 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B IS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF TRUSTEES REVIEWS AND APPROVES 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ARE REQUIRED TO FILL OUT A CONFICT OF INTEREST FORM ON ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -9,770. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO EITHER PROCESS FROM PRIOR YEARS. STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) STATE UNIVERSITY POTSDAM NY 13676 146013200 EDUCATION NY 0 PACES MERRITT HALL SUNY POTSDAM POTSDAM NY 13676 150532293 AUXILIARY SERVICES NY 501(C)(3) 170(B)(1)(A) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) N 1321588 ESTIMATED MARKET VALUE STATE UNIVERSITY OF NEW YORK (SUNY POTSDAM) B 1602357 CASH PAID