2026-02-12T04:38:45-08:00 2025-06-30 150625503 Mostert Manzanero & Scott LLP 4 Associate Dr Oneonta NY 13820 990 2024-07-01 473560167 SUNY MARITIME FOUNDATION INC SUNY 7184095475 6 PENNYFIELD AVENUE BRONX NY 10465 ROXANNE THOMPSON Treasurer 2026-02-12 true true ANTHONY T MANZANERO P00286147 6074328700 2024 2025-03-06 01:10:19Z ROXANNE THOMPSON 6 PENNYFIELD AVENUE BRONX NY 10465 6645222 false X SEE SCHEDULE O X 2015 NY TO RAISE AND MANAGE PRIVATE FINANCIAL SUPPORT FOR SUNY MARITIME COLLEGE. 12 10 0 47500 2667704 3586984 0 184368 635246 -53146 -8568 2798926 4213662 1654296 1908646 0 0 0 84877 545600 652425 2199896 2561071 599030 1652591 16069582 18580938 52526 49853 16017056 18531085 THE SUNY MARITIME FOUNDATION, INC. IS THE PRIMARY ORGANIZATION TO RAISE AND MANAGE PRIVATE FINANCIAL SUPPORT FOR SUNY MARITIME COLLEGE. THIS SUPPORT ASSISTS SUNY MARITIME TO ACHIEVE ITS MISSION AND VISION WHILE AT THE SAME TIME ENRICHING THE EDUCATIONAL QUALITY OF THE COLLEGE, THE STUDENTS AND FACULTY. false false 2222538 1448900 GRANTMAKING PROGRAM:THE FOUNDATION SUPPORTS AND PROVIDES FINANCIAL ASSISTANCE TO SUNY MARITIME COLLEGE (THE "COLLEGE") BY SOLICITING, ACCEPTING, AND MANAGING PRIVATE FINANCIAL SUPPORT FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND OTHER ORGANIZATIONS. SUCH FUNDING IS USED TO PROVIDE SCHOLARSHIPS AND FURTHER THE EDUCATIONAL OBJECTIVES OF THE COLLEGE. 14369 627816 BOAT DONATION PROGRAM:SUNY MARITIME COLLEGE OPERATES A BOAT DONATION PROGRAM TO RAISE ADDITIONAL RESOURCES TO SUPPORT THE WATERFRONT'S PROGRAMS AND TO PROVIDE ADDITIONAL INVENTORY FOR STUDENTS TO USE FOR TRAINING AND OTHER RECREATIONAL PURPOSES. THE ASSETS CURRENTLY OVERSEEN INCLUDE: POWER BOATS, SAILING VESSELS, AND TRAILERS. IN ADDITION TO BEING A REVENUE GENERATING PROGRAM FOR THE COLLEGE/FOUNDATION, THE BOAT DONATION EXPANDS CONNECTIONS FOR THE COLLEGE AMONG THE SAILING COMMUNITY. ATHLETICS PROGRAM:THE OFFICE OF ATHLETICS OFFERS A WIDE ARRAY OF SPORT ACTIVITIES, FITNESS PROGRAMS, AND RECREATIONAL FACILITIES FOR THE ENTIRE CAMPUS COMMUNITY. VARSITY ATHLETICS INCLUDES 13 NCAA DIVISION III TEAMS, MEN'S ROWING, AND CO-ED SAILING TEAMS. CLUB SPORTS INCLUDE ICE HOCKEY, RIFLE, AND RUGBY. INTRAMURAL SPORTS ARE OFFERED THROUGHOUT THE YEAR, WITH OFFERINGS BASED ON STUDENT ENGAGEMENT. THE DEPARTMENT OF PHYSICAL EDUCATION OFFERS CLASSES IN SWIMMING, YOGA, MARTIAL ARTS, AND POWERBOAT HANDING,AMONG OTHERS. 2236907 true true false false false false false false false true true true false false false true true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true 0 0 false 0 true true false false false false true true false 0 false false false false false false false X 12 10 false false false false false false false true true false false true true true true true true false false false NY X X ROXANNE THOMPSON 7184095475 6 PENNYFIELD AVENUE BRONX NY 10465 DOUGLAS HASBROUCK Executive Dir. 20.00 0.00 X 0 100657 33076 JOHN OKON President 1.50 0.00 X X 0 0 0 ROXANNE THOMPSON Treasurer 5.00 0.00 X X 0 0 0 CAPT ROBERT JOHNSTON Director 0.50 0.00 X 0 0 0 JOHN BREE Chairman 0.50 0.00 X X 0 0 0 WILLIAM AUSTEN Director 0.25 0.00 X 0 0 0 MICHAEL CHALOS VICE CHAIR 0.25 0.00 X X 0 0 0 GREGORY SMITH Director 0.25 0.00 X 0 0 0 WILLIAM GALLO Director 0.25 0.00 X 0 0 0 IOANNIS JOHN KROUSOULOUDIS Director 0.25 0.00 X 0 0 0 STEPHEN J CARBERY Director 0.25 0.00 X 0 0 0 AJ MCALLISTER Director 0.25 0.00 X 0 0 0 BRUCE ROSENBLATT Director 0.25 0.00 X 0 0 0 JENNIFER MAHONEY Executive Dir. 20.00 0.00 X 0 0 0 100657 33076 0 false false true 0 1051562 2535422 627816 3586984 0 421180 421180 0 0 0 2419441 101800 2238005 69170 181436 32630 214066 214066 61200 1051562 124385 -63185 -63185 0 0 CHARTER REVENUE 532000 47500 47500 OTHER REVENUE 7117 7117 54617 4213662 221183 47500 357995 459746 459746 1448900 1448900 0 0 0 0 0 0 0 0 0 0 18340 12340 6000 0 0 66397 66397 8900 8900 0 0 0 0 0 0 0 0 0 0 204698 109309 95389 57074 57074 BAD DEBT - PLEDGES 78442 78442 REPAIR & MAINTENANCE 65737 5469 60268 CAMPAIGN EXPENSES 65551 46051 19500 SPECIAL EVENTS 59377 59377 27909 23016 4893 2561071 2236907 239287 84877 3003661 3791742 1077435 1120045 202307 90176 235128 0 0 0 0 45765 63499 1220627 429192 467187 791435 0 11203227 12418913 0 0 70000 70000 16069582 18580938 52526 49853 52526 49853 X 2597626 3036610 13419430 15494475 16017056 18531085 16069582 18580938 1652591 861438 X false true X true false X 2374175 2782024 2516563 2667704 3587034 13927500 0 202793 206586 203659 181305 220661 1015004 2576968 2988610 2720222 2849009 3807695 14942504 1170063 13772441 151830 255048 328791 360991 421180 1517840 19676 4864 24540 0 16484884 0.83550 0.84340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11628303 277704 1328520 815614 12418913 10179338 1472373 1357655 1381063 11628303 9151491 1199662 846962 1018777 10179338 9726666 1203506 -1035349 743332 9151491 7442680 561891 2031070 308975 9726666 0.55880 0.44120 false false false 1197358 405923 791435 23269 23269 791435 12418913 X 5353749 861438 220661 124385 1206484 4147265 66397 66397 4213662 2839720 220661 124385 345046 2494674 66397 66397 2561071 Part V, Line 4: Intended uses of the endowment fund. PART V, LINE 4:THE FOUNDATION'S ENDOWMENT CONSISTS OF SEVERAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR SCHOLARSHIPS, FELLOWSHIPS, ACADEMIC CHAIR SUPPORT, VARIOUS OTHER NEEDS OF ACADEMIC UNITS AND PROGRAMATIC SUPPORT. Part X : FIN48 Footnote PART X, LINE 2:THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2020. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DIRECT ADMIRALS DINNER EXPENSES $124385 Part XII, Line 2d: Other expenses and losses per audited F/S DIRECT ADMIRALS DINNER EXPENSES $124385 false ADMIRAL'S DINNER 1112762 1051562 61200 71250 34275 18860 1112762 1051562 61200 71250 34275 18860 124385 -63185 true SUNY MARITIME COLLEGE 6 PENNYFIELD AVENUE BRONX NY 10465 146013200 459746 0 PROGRAM SUPPORT 0 1 SCHOLARSHIPS 345 1442000 SENIOR AWARDS 13 6900 Additional Supplemental Information PART I, LINE 2:SUNY MARITIME FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO SUNY MARITIMECOLLEGE TO SUPPORT THE PROGRAMS OF THE COLLEGE. AS THE FOUNDATION IS AFFILIATED WITH THE COLLEGE AND THERE IS OVERLAP WITHIN THE MANAGEMENT OF BOTH ENTITIES, ALL INTERCOMPANY TRANSACTIONS ARE CLOSELY MONITORED.SCHOLARSHIP FUNDS AWARDED TO STUDENTS ARE TRANSFERRED DIRECTLY FROM THE FOUNDATION TO THE COLLEGE'S STUDENT ACCOUNTS AND ENSURE THEY ARE BEING APPLIED FOR THEIR INTENDED EDUCATIONAL PURPOSE. THE MAJORITY OF SCHOLARSHIP AWARDS ARE MADE BY THE COLLEGE SCHOLARSHIP COMMITTEE, WHICH IS COMPRISED OF FACULTY AND STAFF MEMBERS, WHILE SOME ARE AWARDED IN THE COLLEGE'S ADMISSIONS PROCESS. WRITTEN AGREEMENTS, ESTABLISHED WITH THE DONORS, GUIDE DECSION MAKING PROCESS. THE COLLEGE UTILIZES SOFTWARE PROVIDED BY BLACKBAUD, INC. TO MANAGE, TRACK, AND PRESERVE THE SCHOLARSHIP APPLICATION PROCESS AND TO AID IN ENSURING THAT CRITERIA ARE MET.SENIOR AWARDS ARE ONE-TIME GIFTS OF CASH TO GRADUATNG SENIORS. AWARDEES ARE SELECTED BY THE FACULTY IN THE FIELD PERTAINING TO THE STUDENTS MAJOR. false false false false false false false false false DOUGLAS HASBROUCK Executive Dir. 99607 1050 25000 8076 133733 Part II, Compensation from Unrelated Organizations DOUGLAS HASBROUCK IS PAID BY AN UNRELATED ORGANIZATION, STATE UNIVERSITY OF NEW YORK, FOR SERVICES PROVIDED TO SUNY MARITIME FOUNDATION AS EXECUTIVE DIRECTOR. HE RECEIVES A W-2 FOR HIS SERVICES, AS WELL AS NONTAXABLE BENEFITS AND DEFERRED COMPENSATION FROM THE UNRELATED ORGANIZATION. THE COMPENSATION REPORTED IN PART VII, SECTION A AND SCHEDULE J, PART II IS BASED ON HIS CALENDAR YEAR COMPENSATION FOR SERVICES RENDERED TO THE ORGANIZATION. X 10 627816 APPRAISAL false false false Form 990, Part VI, Section B, Line 11b THE FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCEDURES TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE EXECUTIVE DIRECTOR AND THE TREASURER, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, Line 12c FORM 990, PART VI, SECTION B, LINE 12C:THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, OR KEY EMPLOYEES. THE BOARD OF DIRECTORS SHALL REVIEW THE RESPONSES TO THE ANNUAL DISCLOSURE FORM AND ANY CONTINUING DISCLOSURES THAT ARE MADE THROUGHOUT THE YEAR. IF THE BOARD IDENTIFIES A POTENTIAL CONFLICT OF INTEREST, THE BOARD SHALL MAKE SUCH FURTHER INVESTIGATION AS IT DEEMS APPROPRIATE. FOLLOWING SUCH INVESTIGATION, THE BOARD SHALL DETERMINE, BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER A CONFLICT OF INTEREST EXISTS. AT ANY BOARD MEETING WHERE A POTENTIAL CONFLICT OF INTEREST WILL BE CONSIDERED, AN INTERESTED PARTY MAY OFFER FACTUAL INFORMATION TO THE BOARD, BUT AFTERWARDS MUST LEAVE THE MEETING DURING THE DISCUSSION OF , AND VOTE ON, THE POTENTIAL CONFLICT OF INTEREST. ALL CONFLICTS OF INTEREST AND POTENTIAL CONFLICTS OF INTEREST ARE DOCUMENTED IN THE FOUNDATION'S BOARD MINTES. Form 990, Part VI, Section C, Line 19 FORM 990, PART IV, SECTION C, LINE 19:THE FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED 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 OR BY CALLING THE FOUNDATION DIRECTLY. FORM 990, LINE J, WEBSITE: HTTPS://WWW.SUNYMARITIME.EDU/ALUMNI-FRIENDS/SUNY-MARITIME-FOUNDATION