2026-02-10T08:44:38-06:00 2025-06-30 161131146 BONADIO & CO LLP 6 WEMBLEY CT ALBANY NY 12205 990 2024-07-01 237066616 PURCHASE COLLEGE FOUNDATION INC C/O SUNY PURCHASE PURC 9142516045 735 ANDERSON HILL ROAD PURCHASE NY 10577 SUELLEN MCAVOY PELUSO BOARD CHAIR 9142516139 2026-02-06 1 1 ARIEL F RUIZ P01346991 5184644080 2026-02-06 2024 2025-03-06 01:10:19Z SUELLEN MCAVOY PELUSO 735 ANDERSON HILL ROAD PURCHASE NY 10577 40246386 0 X N/A X 1969 NY THE FOUNDATION WAS INCORPORATED UNDER THE NOT-FOR-PROFIT LAWS OF THE STATE OF NEW YORK FOR THE PROMOTION AND SUPPORT OF PURCHASE COLLEGE, STATE UNIVERSITY OF NEW YORK. UNIQUELY, PURCHASE COLLEGE COMBINES BOTH RENOWNED AND HIGHLY SELECTIVE PROFESSIONAL AND CONSERVATORY ARTS PROGRAMS WITH DISTINGUISHED LIBERAL ARTS AND SCIENCES PROGRAMS. THE LARGEST PROGRAMS ARE IN VISUAL ARTS, MUSIC, LIBERAL STUDIES, PSYCHOLOGY, DANCE, BIOLOGY, JOURNALISM AND NEW MEDIA. 14 13 0 14 0 0 2462202 2035720 282314 289811 477574 5383635 0 0 3222090 7709166 2418752 1904765 0 0 2362047 2615778 0 0 841260 2686551 2275321 7467350 6795864 -4245260 913302 101750121 107403842 11930296 13023989 89819825 94379853 X THE FOUNDATION WAS INCORPORATED UNDER THE NOT-FOR-PROFIT LAWS OF THE STATE OF NEW YORK FOR THE PROMOTION OF LITERATURE, HISTORY, VISUAL AND PERFORMING ARTS, SCIENCE AND OTHER DEPARTMENTS OF EDUCATION AT THE STATE UNIVERSITY OF NEW YORK AT PURCHASE. 0 0 1904765 1904765 INSTITUTIONAL SCHOLARSHIPS ARE AWARDED BY THE COLLEGE USING FUNDS FROM THE PURCHASE COLLEGE FOUNDATION, AS WELL AS OTHER SOURCES. FOUNDATION FUNDS COME FROM THE GENEROUS CONTRIBUTIONS OF DONORS TO THE FOUNDATION. THESE DONORS ARE INDIVIDUALS, FAMILIES, FOUNDATIONS AND CORORATIONS. DURING THE 2024-2025 ACADEMIC YEAR, 521 STUDENTS WERE RECIPIENTS OF SCHOLARSHIPS FROM THE PURCHASE COLLEGE FOUNDATION. 1881904 THE FOUNDATION PROVIDED RESOURCES IN ORDER TO ATTRACT AND RETAIN EXCEPTIONAL FACULTY, AID IN CURRICULUM ENHANCEMENT AND SUPPORT PUBLIC LECTURES WHICH PROVIDE OPPORTUNITIES FOR STUDENTS AND LOCAL COMMUNITY MEMBERS ALIKE TO INTERACT WITH EXPERTS IN VARIOUS DISCIPLINES. 1248638 13721 THE NEUBERGER MUSEUM OF ART IS THE PREMIER MUSEUM OF MODERN, CONTEMPORARY AND AFRICAN ART IN WESTCHESTER AND FAIRFIELD COUNTIES. A TEACHING MUSEUM, THE NEUBERGER PROMOTES THE APPRECIATION AND ENJOYMENT OF THE VISUAL ARTS AS INSEPARABLE FROM AN UNDERSTANDING OF THEIR PLACE IN CULTURAL AND INTELLECTUAL HISTORY AND THEIR RELEVANCE TO CONTEMPORARY SOCIAL LIFE. AS AN INTERGRAL PART OF PURCHASE COLLEGE AND A VITAL CENTER OF THE COMMUNITY ENGAGEMENT, THE NEUBERGER SUPPORTS LIFELONG LEARNING BY TAKING A CRITICAL, INTERDISCIPLINARY APPROACH TO ITS COLLECTIONS, EXHIBITIONS, AND PUBLIC PROGRAMS. APPROXIMATELY 16,900 VISITORS ATTEND THE MUSEUM EACH YEAR. 273727 OTHER PROGRAM SERVICES 273727 5309034 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 154 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY PA WA AK ME MA MI MN NH NJ OH SC CO CA HI MD NV ND UT WI X X SARAH JAMES 9142516045 735 ANDERSON HILL ROAD PURCHASE NY 105771400 X SUELLEN PELUSO CHAIR 1.00 X X 0 0 0 CLIFFORD ARONSON VICE CHAIR 1.00 X X 0 0 0 JAMES DUBIN TRUSTEE 1.00 X 0 0 0 SEBNEM ERIM TRUSTEE 1.00 X 0 0 0 MICHAEL FONSECA TRUSTEE 1.00 X 0 0 0 VICKI GILLESPIE TRUSTEE 1.00 X 0 0 0 GERI PELL TRUSTEE 1.00 X 0 0 0 JASON SOTO EX-OFFICIO (NON-VOTING) 15.00 X 0 0 0 JUDITH A RIGGS TREASURER 1.00 X X 0 0 0 DEBRA ROTH TRUSTEE 1.00 X 0 0 0 GERHARD SEEBACHER TRUSTEE 1.00 X 0 0 0 PETER J WISE VICE CHAIR 1.00 X X 0 0 0 MILAGROS PENA EX-OFFICIO (NON-VOTING) 1.00 X 0 0 0 PAUL ZUKOWSKY EX-OFFICIO (NON-VOTING) 1.00 X 0 0 0 REED ELFENBEIN SECRETARY 1.00 X X 0 0 0 ROY MOSKOWITZ TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 MCALLISTER AND QUINN LLC 1625 EYE STREET NW SUITE 750 WASHINGTON DC 20006 GRANT CONSULTING 120900 1 40000 1995720 2035720 OTHER INCOME 711190 289811 289811 289811 2155977 2155977 35764878 32537220 3227658 3227658 3227658 7709166 289811 0 5383635 1904765 1904765 2615778 1728837 415946 470995 11217 11217 77000 77000 502959 213983 288976 18020 18020 370621 259896 96009 14716 55144 33497 939 20708 42240 42240 PROGRAM ACTIVITIES AND 1138693 1138199 494 PRINTING AND POSTAGE 36859 36859 REPAIRS AND MAINTENANCE 11313 11313 OTHER EXPENSES 11255 524 2219 8512 6795864 5309034 645570 841260 1349819 850813 847378 847378 353759 419355 69582872 67500195 29616755 37786009 -462 92 101750121 107403842 434036 430478 45078 35065 11451182 12558446 11930296 13023989 X 9938799 11590356 79881026 82789497 89819825 94379853 101750121 107403842 913302 3646726 0 X 0 1 X 1 0 X 2097359 2278857 1627506 2462202 2037070 10502994 1022006 990436 839450 580988 681570 4114450 3119365 3269293 2466956 3043190 2718640 14617444 852392 13765052 1745558 1317169 1419457 2206607 2155977 8844768 23462212 1295117 0.58670 0.60630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 82417368 532625 7884606 1165054 4202846 85466699 79817600 929248 7647937 1418800 4558617 82417368 77354169 556057 6621844 1145581 3568889 79817600 90209904 944302 -8809815 969007 4021215 77354169 74412640 1564999 18385836 1692146 2461425 90209904 0.07800 0.51800 0.40400 0 0 0 HEDGE FUNDS 11376273 F VANGUARD 500 INDEX FUND 12620491 F ISHARES RUSSELL MIDCAP 8144219 F INVESCO S&P 500 EQUAL 5645026 F 37786009 DUE TO PURCHASE COLLEGE 164728 DUE TO PURCHASE COLLEGE ASSOCIATION (PCA) 38 DUE TO RESEARCH FOUNDATION FOR SUNY 313695 INVESTMENTS HELD FOR OTHERS (PCA AND FRIENDS) 12079985 12558446 12037462 3646726 681570 4328296 7709166 0 7709166 7477434 681570 681570 6795864 0 6795864 PART V, LINE 4 THE ENDOWMENT FUNDS ARE DESIGNATED TO PROVIDE LONG TERM SUPPORT FOR THE PROGRAMS OF SUNY PURCHASE COLLEGE. THE FUNDS ARE USED TO SUPPORT SCHOLARSHIPS AND CAMPUS PROGRAMS. X X X X X X 1 MCALLISTER & QUINN LLC 1030 15TH STREET NW SUITE 590 WEST WASHINGTON DC 20005 GRANT WRITING SERVICES 0 0 120900 -120900 THE TAGS GROUP 364 W 18TH ST 6G NEW YORK NY 10011 MARKETING COMMUNICATIONS & EVENT SUPPORT 0 0 97425 -97425 218325 -218325 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 SCHOLARSHIPS ARE GIVEN TO STUDENTS BASED ON NEED, ACADEMIC PERFORMANCE, AND ARTISTIC ACHIEVEMENTS. 521 1904765 PART I, LINE 2: 95% OF INSTITUTIONAL SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS BY THE PURCHASE COLLEGE OFFICE OF STUDENT SERVICES. THE REMAINDER ARE AWARDED DIRECTLY TO CURRENT STUDENTS OF THE COLLEGE FOR EDUCATIONAL RELATED EXPENDITURES WHICH HELP TO ENRICH STUDENTS' COLLEGE EXPERIENCES AND SUPPORT THEIR ABILITY TO COMPLETE THEIR DEGREE. X 185182 FMV X 1 180000 FMV X THEATER EQUIPMENT 1 17280 FMV X PORTABLE ETCHING PRESS 1 4500 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990, IT IS PROVIDED ELECTRONICALLY TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR PERSONAL REVIEW AND QUESTIONING. SUBSEQUENTLY, AND PRIOR TO THE FILING OF THE PURCHASE COLLEGE FOUNDATION FORM 990, THE COMBINED AUDIT COMMITTEE WILL CONDUCT A REVIEW OF ALL FORMS 990 WITH THE AUDITORS AND TAX PREPARERS PRESENT AND PARTICIPATING WITH MANAGEMENT IN THE PRESENTATION OF THESE FILINGS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY PROVIDES FOR ANNUAL WRITTEN ACKNOWLEDGEMENT BY EACH TRUSTEE OR OFFICER THAT EACH HAS READ AND IS FAMILIAR WITH THE CONFLICT-OF-INTEREST POLICY AND AS TO WHETHER OR NOT THE TRUSTEE OR OFFICER HAS A CONFLICT OF INTEREST. IF A CONFLICT EXISTS, THE COMPLETE DETAILS OF THE CONFLICT ARE TO BE DESCRIBED IN WRITING AND SUBMITTED TO THE BOARD CHAIR OR THE PRESIDENT. THE BOARD CHAIR OR PRESIDENT SHALL REFER THE ISSUE TO THE EXECUTIVE COMMITTEE, OR OTHER BOARD COMMITTEE (THE 'BODY') HAVING DECISION-MAKING AUTHORITY OVER THE SUBSTANTIVE MATTER IN QUESTION. THE TRUSTEE OR OFFICER WHO DISCLOSES A DIRECT OR INDIRECT FINANCIAL INTEREST IN A PROPOSED OR EXISTING CONTRACT, TRANSACTION OR ARRANGEMENT MAY MAKE A PRESENTATION AND RESPOND TO QUESTIONS BY THE BODY, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCSSION OF, AND VOTE ON, THE CONTRACT, TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. EACH YEAR AT THE BOARD OF TRUSTEE'S ANNUAL MEETING, THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND WRITTEN ACKNOWLEDGMENTS SUBMITTED. DURING THE COURSE OF THE YEAR, FINANCIAL RESULTS AND TRANSACTIONS ARE REVIEWED FOR REASONABLENESS AND APPROPRIATENESS, INCLUDING WITH REGARD TO ANY POTENTIAL FOR THERE BEING A CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 735 ANDERSON HILL ROAD, PURCHASE, NY 10577. FORM 990, PART XII, LINE 2C THERE IS ONE AUDIT COMMITTEE FOR PURCHASE COLLEGE FOUNDATION AND FRIENDS OF THE NEUBERGER MUSEUM. EACH OF THE RELATED ORGANIZATIONS' BOARD IS REPRESENTED ON THIS COMMITTEE. PURCHASE COLLEGE FOUNDATION HOUSING CORP 735 ANDERSON HILL RD PURCHASE NY 10577 134086734 RESIDENTIAL HOUSING NY 501(C)(3) LINE 10 0 PURCHASE HOUSING CORPORATION II 735 ANDERSON HILL RD PURCHASE NY 10577 821262347 RESIDENTIAL HOUSING NY 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0