2026-01-14T17:37:15-06:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2024-07-01 237354328 THE CCSU FOUNDATION INC CCSU 8608320711 P O BOX 612 NEW BRITAIN CT 06050 JENNIFER DESTEFANI EXECUTIVE DIRECTOR 8608320711 2026-01-14 1 1 LAURA KIELCZEWSKI P00740769 9592007000 2026-01-14 2024 2025-03-06 01:10:19Z JENNIFER DESTEFANI P O BOX 612 NEW BRITAIN CT 06050 42311496 0 X N/A X 1974 CT THE CCSU FOUNDATION, INC. WAS CREATED IN 1971, AT THE REQUEST OF THE UNIVERSITY, AS A VEHICLE TO OBTAIN PRIVATE CONTRIBUTIONS TO SUPPORT EDUCATIONAL PROGRAMS AND RESEARCH AT CENTRAL CONNECTICUT STATE UNIVERSITY. 14 14 0 14 0 0 2275221 3889775 175513 212396 5198359 8748638 -2 -148042 7649091 12702767 3370925 4064418 0 0 50914 0 0 0 0 1586705 1834745 5008544 5899163 2640547 6803604 102355827 110056247 1891739 478611 100464088 109577636 X THE CCSU FOUNDATION, INC. WAS CREATED IN 1971, AT THE REQUEST OF THE UNIVERSITY, AS A VEHICLE TO OBTAIN PRIVATE CONTRIBUTIONS TO SUPPORT EDUCATIONAL PROGRAMS AND RESEARCH AT CENTRAL CONNECTICUT STATE UNIVERSITY. 0 0 2703606 2665046 STUDENT SUPPORT-SCHOLARSHIP FUNDS ARE ADMINISTERED BY THE ORGANIZATION IN ACCORDANCE WITH DONOR INTENT AND APPLICABLE IRS GUIDELINES. 1199850 929033 AUXILIARY-TO ASSIST UNIVERSITY WITH SPECIAL AUXILIARY PROJECTS WHEN FUNDING WOULD NOT OTHERWISE BE AVAILABLE. 649337 393601 ACADEMIC ENRICHMENT-ASSIST UNIVERSITY WITH SPECIAL ACADEMIC ENRICHMENT PROGRAMS. 196033 76738 212409 INSTITUTIONAL ENRICHMENT-ASSIST UNIVERSITY IN FUNDING SPECIAL INSTITUTIONAL ENRICHMENT PROJECTS WHEN FUNDING WOULD NOT OTHERWISE BE AVAILABLE. 196033 76738 212409 4748826 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 72 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X BEKKA PODGORSKI 8608320711 P O BOX 612 NEW BRITAIN CT 06050 ALEXANDER LEE DIRECTOR 1.50 X 0 0 0 ANTHONY S TORSIELLO DIRECTOR 0.50 X 0 0 0 CURTIS WIGGINS DIRECTOR 1.50 X 0 0 0 ED VESCOVI DIRECTOR 0.50 X 0 0 0 JANET NAHORNEY DIRECTOR 1.50 X 0 0 0 JOSEPH MATTHEW JR DIRECTOR 1.50 X 0 0 0 KRISTINE LARSEN DIRECTOR 0.50 X 0 0 0 LYNN TINKER DIRECTOR 0.50 X 0 0 0 MARIA FALVO DIRECTOR 0.50 X 0 0 0 RACHEL MULI TREASURER 2.00 X X 0 0 0 RICHARD D DONOVAN VICE CHAIR 2.00 X X 0 0 0 RICHARD SPADA DIRECTOR 0.50 X 0 0 0 ULULY MARTINEZ CHAIR 2.00 X X 0 0 0 WALDEMAR KOSTRZEWA PAST CHAIR 2.00 X 0 0 0 JENNIFER DESTEFANI EXECUTIVE DIRECTOR 4.00 X 0 0 0 0 0 0 0 0 0 0 0 818289 3071486 110286 3889775 PROGRAM REVENUE 900099 212396 212396 212396 6999303 6999303 31100526 29351191 1749335 1749335 1749335 109483 818289 257538 -148055 -148055 13 13 13 12702767 212409 0 8600583 1139323 1139323 2925095 2925095 75802 75802 231897 231897 480065 480065 123267 123267 16370 14470 1900 34496 34496 334016 208830 125186 8929 8929 SUPPLIES & EQUIPMENT 262980 192127 70853 SUBSCRIPTIONS/SOFTWARE 153981 58654 95327 MEMBER PROGRAM 32553 14015 18538 80389 73045 7344 5899163 4748826 1150337 0 1883310 1152124 1041665 1090187 875324 751906 34693 6299 40348 532266 532266 532266 97135679 105692985 881284 761738 102355827 110056247 1785596 447991 106143 30620 1891739 478611 X 2379030 3057703 98085058 106519933 100464088 109577636 102355827 110056247 X 6803604 2270435 39509 X 0 1 X 1 0 X 3109966 3506217 2563176 2275221 3996209 15450789 3109966 3506217 2563176 2275221 3996209 15450789 15450789 2603617 8057093 4387852 4316663 6999303 26364528 5536 2628 8164 42161 13 42174 41865655 1003753 0.36910 0.39870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 42,161. 2024 AMOUNT: $ 13. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57000 X SUPPORTING EDUCATION OF ART 0 91442693 1180833 9081091 2751858 142801 98809958 86115648 623903 7495024 2597980 193902 91442693 82059761 1018747 6177579 3048821 91618 86115648 89058029 3655989 -7821855 2814255 18147 82059761 72001822 1690719 17831096 2197595 268013 89058029 0.00032 0.56998 0.42968 0 0 532266 532266 532266 CLASS ACCOUNTS 30620 30620 X 16292703 2270435 1502519 3772954 12519749 480065 -297047 183018 12702767 7179155 1502519 257538 1760057 5419098 480065 480065 5899163 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL AND STATE INFORMATIONAL RETURNS PRIOR TO FISCAL YEAR 2022 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2025. IF THE FOUNDATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. CT GALA 830545 736945 93600 13080 44888 94849 65094 GOLF CLASSIC 59005 48497 10508 233 12671 18161 1 38222 32847 5375 7019 1543 927772 818289 109483 13080 45121 114539 84798 257538 -148055 1 CENTRAL CT STATE UNIVERSITY 1615 STANLEY STREET NEW BRITAIN CT 06050 061303381 GOVT ENTITY 1109323 0 SUPPORT CCSU PROGRAMS CONNECTICUT AERONAUTICAL HISTORICAL ASSOCIATION INC 36 PERIMETER RD WINDSOR LOCKS CT 06096 066069083 501(C)(3) 30000 0 FLIGHT SIMULATOR 1 1 TUITION & FEES AT CCSU 1689 2821817 SCHOLARSHIP ASSISTANCE STIPENDS AND AWARDS 14 103278 PART I, LINE 2: THE FOUNDATION MONITORS GRANTS IN CONJUNCTION WITH THE UNIVERSITY INSTITUTIONAL ADVANCEMENT AND POST-AWARD GRANT OFFICES. THE FOUNDATION COORDINATES WITH THESE OFFICES DURING ALL PHASES OF THE LIFE OF THE GRANT, INCLUDING APPLICATION THROUGH EXPENDITURE REPORTING TO THE GRANTOR. MANAGEMENT EVALUATES THE STATUS OF OUTSTANDING GRANTS DURING REGULAR MEETINGS WITH UNIVERSITY STAFF. SCHEDULE I, PART III: THE CCSU FOUNDATION DETERMINES ELIGIBILITY FOR SCHOLARSHIP ASSISTANCE THROUGH AN ANNUAL APPLICATION PROCESS CONDUCTED FOR ALL ENDOWED SCHOLARSHIP FUNDS USING BLACKBAUD AWARD MANAGEMENT, INTO WHICH EACH SCHOLARSHIP AND ITS DONOR-ESTABLISHED CRITERIA ARE LOADED. CRITERIA FOR CROWDSOURCED AND OTHER NON-ENDOWED FUNDS ARE DEFINED THROUGH FUND-SPECIFIC AGREEMENTS BETWEEN THE CCSU FOUNDATION AND CCSU. THE AWARD SYSTEM THEN USES DATA FROM BANNER, THE UNIVERSITY'S ENTERPRISE MANAGEMENT SYSTEM, ALONG WITH INFORMATION PROVIDED IN EACH STUDENT'S SCHOLARSHIP APPLICATION TO MATCH STUDENTS TO THE SCHOLARSHIPS FOR WHICH THEY QUALIFY, PRODUCING A POOL OF ELIGIBLE APPLICANTS FOR EVERY FUND. SCHOLARSHIP RECIPIENTS ARE SELECTED FROM THESE POOLS BY DESIGNATED INSTITUTIONAL SCHOLARSHIP REVIEW BODIES, INCLUDING FACULTY COMMITTEES AND THE FINANCIAL AID OFFICE, AND ALL SELECTED APPLICANTS UNDERGO A FINAL VERIFICATION BY INSTITUTIONAL ADVANCEMENT. X 5 110286 FWV 0 1 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE UNIVERSITY IS USED (THROUGH THE INSTITUTIONAL ADVANCEMENT DEPT) TO SOLICIT NONCASH (STOCK) CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED ALACARTE-SOLUTIONS FOR ACCOUNTING AND FOR FINANCIAL SERVICES. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATIONS AND INDIVIDUALS WITHIN THE UNIVERSITY HAVE THE AUTHORITY TO APPOINT SPECIFIC EX-OFFICIO POSITIONS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B SUBMITTED TO BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY IS REQUIRED TO REVIEW THE CONFLICTS OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS OF INTEREST. THIS IS DONE ON AN ANNUAL BASIS. A CONFLICTS OF INTEREST DISCLOSURE STATEMENT IS SIGNED BY EACH MEMBER ANNUALY AND RETAINED BY CCSU FOUNDATION, INC. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS, FORM 990 AND BYLAWS ARE MADE AVAILABLE TO THE PUBLIC ONLINE. ANY OTHER DOCUMENTS SUCH AS THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF THIRD PARTY TRUSTS 39,509.