2024-11-11T08:54:58-06:00 2024-06-30 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2023-07-01 166064771 COLLEGE FOUNDATION AT DELHI INC COLL 6077464607 454 DELHI DRIVE BUSH HALL ROOM 172 DELHI NY 13753 MICHAEL SULLIVAN EXECUTIVE DIRECTOR 6077464607 2024-11-04 1 0 TRAVIS C SMITH CPA P01526350 3154719171 2024-11-04 2023 2024-10-15 13:58:12Z MICHAEL SULLIVAN 454 DELHI DRIVE BUSH HALL ROOM 172 DELHI NY 13753 2788051 0 X WWW.DELHI.EDU/ABOUT/ADVANCEMENT/COLLEGE-FOUNDATIO X 1964 NY TO ACCEPT AND MANAGE GIFTS TO SUNY DELHI, TO MAKE GRANTS OF FINANCIAL ASSISTANCE TO SUNY DELHI STUDENTS, AND TO ASSIST IN ADVANCING THE WELFARE, PERSONAL AND PROFESSIONAL GROWTH OF THE FACULTY AND STAFF AT SUNY DELHI. 13 12 0 16 0 0 535302 1063159 334978 362935 412729 723893 63116 55971 1346125 2205958 474595 441769 0 0 30000 0 0 0 15007 930042 1082574 1434637 1524343 -88512 681615 17597830 19070069 1159205 1002389 16438625 18067680 THE FOUNDATION'S PRIMARY MISSION IS TO ACCEPT AND MANAGE GIFTS TO SUNY DELHI, TO MAKE GRANTS OF FINANCIAL ASSISTANCE TO SUNY DELHI STUDENTS, AND TO ASSIST IN ADVANCING THE WELFARE, PERSONAL AND PROFESSIONAL GROWTH OF THE FACULTY AND STAFF AT SUNY DELHI. 0 0 188836 122512 GOLF COURSE: THE FOUNDATION OPERATES A GOLF COURSE AS AN EDUCATIONAL LABORATORY. THE PROGRAM PROVIDES STUDENTS WITH TRAINING IN GOLF COURSE CONSTRUCTION, OPERATIONS, TURF, AND HORTICULTURAL PROGRAMS. IN NOVEMBER 2021, THE OPERATIONS OF THE GOLF COURSE WERE TRANSFERRED TO SUNY DELHI. THE FOUNDATIONS NOW RENTS THE GOLF COURSE TO THE COLLEGE. 441769 441769 SCHOLARSHIPS - PROVIDED FUNDS FOR SCHOLARSHIPS AND AWARDS TO STUDENTS AT SUNY DELHI. 622 SCHOLARSHIPS PROVIDED. 630165 300613 GENERAL - PROVIDED SUPPORT FOR VARIOUS CAMPUS DEPARTMENTS AND PROGRAM ACTIVITIES. 1260770 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X MICHAEL T SULLIVAN 6077464607 454 DELHI DRIVE DELHI NY 13753 EDWIN GRISWOLD PRESIDENT 2.00 2.00 X X 0 0 0 CHARLES LEFKOWITZ VICE PRESIDENT 1.00 1.00 X X 0 0 0 CHELSEA MATHIEU TREASURER 1.00 1.00 X X 0 0 0 ANA ALMANZAR TRUSTEE 1.00 X 0 0 0 ANTHONY HELSTOSKY TRUSTEE 1.00 X 0 0 0 NEIL RIDDELL TRUSTEE 1.00 X 0 0 0 MEG SAWICKI TRUSTEE 1.00 X 0 0 0 DARRYL SHEETZ TRUSTEE 1.00 X 0 0 0 DR MARY BONDEROFF TRUSTEE 1.00 X 0 0 0 RICHARD HAYES SECRETARY 1.00 1.00 X X 0 0 0 SCOTT FICHTEN TRUSTEE 1.00 X 0 0 0 PETER GIOFFE TRUSTEE 1.00 X 0 0 0 DOMINIC MORALES TRUSTEE 1.00 X 0 0 0 MICHAEL T SULLIVAN EXECUTIVE DIRECTOR 16.00 24.00 X 0 126480 65264 0 126480 65264 0 0 1 0 0 52248 1010911 374686 1063159 GOLF COURSE AND CLUBHO 713910 122512 122512 ALUMNI FEES 611310 109035 109035 ADMIN FEES 611310 80663 80663 PROGRAM FEES 611310 50725 50725 362935 322246 322246 973977 572330 401647 401647 401647 5544 52248 9763 -4219 -4219 OTHER INCOME 900099 60190 60190 60190 2205958 423125 0 719674 441769 441769 89076 89076 33807 33807 7500 7500 4077 1402 2675 42119 28043 12090 1986 47610 43119 4152 339 18709 15843 2866 16487 11467 5020 46397 46397 287029 287029 30131 6008 24123 SUNY DELHI PROGRAM SUPP 160323 160323 STUDENT PROJECTS 158788 158788 ADMINISTRATIVE SUPPORT 80663 80663 MISCELLENOUS EXPENSE 21867 18078 3789 37991 19275 9823 8893 1524343 1260770 248566 15007 977026 1284570 81000 152000 19695 33621 13152 17463 6324993 2002978 4551016 4322015 10227430 11750694 1728511 1509706 17597830 19070069 215958 126805 2424 0 563837 610234 376986 265350 1159205 1002389 X 6412289 6592523 10026336 11475157 16438625 18067680 17597830 19070069 X 681615 852121 95319 X X 0 1 X 1 0 X 4220938 1228482 811346 535302 1063159 7859227 142766 246607 268850 204973 214834 1078030 4363704 1475089 1080196 740275 1277993 8937257 268809 8668448 189006 175482 351020 330382 322246 1368136 1910 27376 64140 60190 153616 10459009 2956203 0.82880 0.88780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 1,910. 2021 AMOUNT: $ 27,376. 2022 AMOUNT: $ 64,140. 2023 AMOUNT: $ 60,190. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8123475 151481 1216329 261465 80663 9149157 7922088 164514 399187 283423 78891 8123475 8867433 457855 -1022983 291609 2113 86495 7922088 6729408 686490 1779115 251626 75954 8867433 7823566 243239 -15971 170424 1068347 82655 6729408 0.00310 0.64310 0.35380 0 0 278084 278084 5209565 1455257 3754308 837344 547721 289623 4322015 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 1313201 DUE FROM SUNY DELHI 162305 RIGHT OF USE ASSET - OPERATING LEASES 34200 1509706 OPERATING LEASE LIABILITIES 35534 FINANCING LEASE LIABILITIES 40234 DUE TO RIVERVIEW AT DELHI,INC. 189582 265350 X PART X, LINE 2: THE FOUNDATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAVE BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE FOUNDATION'S EXEMPT STATUS. PART V, LINE 1E BEGINNING IN 2020, BENEFICIAL INTERESTS IN TRUSTS ARE NO LONGER INCLUDED IN THE ENDOWMENT. THE BENEFICIAL INTEREST IN TRUSTS WERE DEDUCTED IN LINE 1E. GOLF TOURNAMENT 57792 52248 5544 2040 7723 57792 52248 5544 2040 7723 9763 -4219 1 COLLEGE SCHOLARSHIPS 622 441769 CASH PAID TO SUNY DELHI PART I, LINE 2: STUDENTS APPLY FOR SCHOLARSHIPS ON-LINE VIA THE SCHOLARSHIP SOFTWARE MANAGED BY SUNY DELHI'S SCHOLARSHIP COORDINATOR IN CONJUNCTION WITH THE FOUNDATION. THE SOFTWARE PULLS APPLICANT DATA FROM BANNER AND THE SOFTWARE AUTO-MATCHES STUDENTS WITH SCHOLARSHIP OPPORTUNITIES. ELIGIBLE APPLICANT DATA, BY OPPORTUNITY, IS EXTRACTED TO EXCEL FOR REVIEW AND SELECTION BY THE SCHOLARSHIP COORDINATOR AND SCHOLARSHIP COMMITTEE. THE FOUNDATION SENDS AWARD NOTICES TO THE STUDENTS SELECTED, TRACKS RECEIPT OF ACCEPTANCE REQUIREMENTS, AND NOTIFIES STUDENT FINANCIAL SERVICES WHO POSTS THE AWARD TO THE STUDENTS ACCOUNT. 0 0 0 0 0 0 0 0 0 MICHAEL T SULLIVAN EXECUTIVE DIRECTOR 0 126480 0 0 0 0 0 9739 0 55525 0 191744 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF SUNY. COMPENSATION IS DETERMINED BY SUNY GUIDELINES. X 1 214363 FMV X MACHINING EQUIPMENT 3 159678 FMV X SUPPLIES 8 645 FMV 4 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF INDIVIDUAL GIFTS. PART I, LINE 32B: THE FOUNDATION USES A THIRD PARTY INVESTMENT BROKER TO SELL ANY DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND EXECUTIVE DIRECTOR. IT IS THEN PRESENTED TO THE BOARD AND APPROVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY AND DISCLOSE POTENTIAL CONFLICTS WHENEVER THEY MAY EXIST. THE BOARD OF DIRECTORS DETERMINES IF A CONFLICT OF INTEREST EXISTS. REPORTING IS PROVIDED TO STATE UNIVERSITY OF NEW YORK. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR IS EMPLOYED BY SUNY. IN ADDITION TO BEING THE EXECUTIVE DIRECTOR OF THE FOUNDATION HE IS ALSO THE VICE PRESIDENT FOR COLLEGE ADVANCEMENT AT SUNY DELHI. HIS SALARY IS SET BY SUNY GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE KEPT AT THE FOUNDATION OFFICES AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 95,319. FORM 990, PART XII, LINE 2C THE FOUNDATION DID NOT CHANGE ITS OVERSIGHT PROCESS OF THE AUDIT OF ITS FINANCIAL STATEMENTS OR THE SELECTION OF AN INDEPENDENT ACCOUNTANT. RIVERVIEW AT DELHI INC 454 DELHI DRIVE BUSH HALL ROOM 171 DELHI NY 137531110 263129170 TO PROVIDE HOUSING FOR SUNY DELHI STUDENTS NY 501(C)(2) 0 STATE UNIVERSITY OF NEW YORK AT DELHI 454 DELHI DRIVE DELHI NY 13753 166064711 EDUCATION NY 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RIVERVIEW AT DELHI INC D 4201238 OUTSTANDING LOAN BAL. AT YEAR END RIVERVIEW AT DELHI INC E 189582 CASH LOAN