2026-01-29T11:17:02-06:00 2025-06-30 201317788 BOWERS & COMPANY CPA'S PLLC 333 WEST WASHINGTON STREET SUITE 500 SYRACUSE NY 13202 990 2024-07-01 237106325 SUNY COBLESKILL COLLEGE FOUNDATION SUNY 5182555524 106 SUFFOLK CIRCLE COBLESKILL NY 12043 JOHN ZACHAREK EXECUTIVE DIRECTOR 5182555524 2026-01-24 1 1 RICHARD I FARLEY JR CPA P01083459 3152341100 2026-01-24 2024 2025-03-06 01:10:19Z JOHN ZACHAREK 106 SUFFOLK CIRCLE COBLESKILL NY 12043 7087941 0 X WWW.COBLESKILL.EDU/ABOUT/OFFICES-SERVICES X 1969 NY THE FOUNDATION'S MISSION IS TO DEVELOP ADDITIONAL RESOURCES TO ENABLE THE COLLEGE TO PROVIDE QUALITY EDUCATIONAL EXPERIENCES FOR ITS STUDENTS. THE FOUNDATION PROVIDES ANNUAL AND HONORS SCHOLARSHIPS AS WELL AS AWARDS BASED ON FINANCIAL NEED AND ACADEMIC MERIT. ALSO SUPPORTED BY FOUNDATION RESOURCES ARE COLLEGE-WIDE MAJOR GIFT FUNDRAISING AND ASSET MANAGEMENT, EMERGENCY STUDENT LOANS, SPECIAL PROJECTS FOR PROFESSIONAL STAFF DEVELOPMENT, SUPPORT FOR UNIQUE ACADEMIC ENRICHMENT PROGRAMS, AND ENHANCEMENT OF THE COMMUNITY'S AWARENESS OF THE COLLEGE AND ITS SERVICES. 20 16 0 23 0 0 1640453 2442486 450649 428089 599549 1031654 124692 97347 2815343 3999576 910553 1155234 0 0 0 0 0 0 117809 923285 1357672 1833838 2512906 981505 1486670 16809750 18114329 372967 91975 16436783 18022354 X THE FOUNDATION'S MISSION IS TO DEVELOP ADDITIONAL RESOURCES TO ENABLE THE COLLEGE TO PROVIDE QUALITY EDUCATIONAL EXPERIENCES FOR ITS STUDENTS. THE FOUNDATION PROVIDES ANNUAL AND HONORS SCHOLARSHIPS AS WELL AS AWARDS BASED ON FINANCIAL NEED AND ACADEMIC MERIT. ALSO SUPPORTED BY FOUNDATION RESOURCES ARE COLLEGE-WIDE MAJOR GIFT FUNDRAISING AND ASSET MANAGEMENT, EMERGENCY STUDENT LOANS, SPECIAL PROJECTS FOR PROFESSIONAL STAFF DEVELOPMENT, SUPPORT FOR UNIQUE ACADEMIC ENRICHMENT PROGRAMS, AND ENHANCEMENT OF THE COMMUNITY'S AWARENESS OF THE COLLEGE AND ITS SERVICES. 0 0 1981846 1155234 428089 THE ORGANIZATION COLLECTS AN ADMINISTRATIVE FEE FROM THE SCHOLARSHIPS IT ADMINISTERS IN ORDER TO COVER GENERAL AND ADMINISTRATIVE COSTS. THE ORGANIZATION ACCOUNTS FOR EDUCATIONAL PROGRAM ACTIVITIES FOR WHICH INCOME IS EARNED THROUGH STUDENT ACTIVITIES TO SUPPORT EDUCATIONAL ACTIVITY EXPENSES. 1981846 1 1 0 0 0 0 0 1 0 1 1 1 0 1 0 1 1 0 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 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LAURA GROSS 5182555626 201 KNAPP HALL COBLESKILL NY 12043 JOANNE DARCY CRUM DIRECTOR 1.00 X 0 0 0 TIM PURCELL PAST PRESIDENT 1.00 X 0 0 0 PETER POCHILY DIRECTOR 1.00 X 0 0 0 JAMES STRIGLE DIRECTOR 1.00 X 0 0 0 KYLE TUTTLE DIRECTOR 1.00 X 0 0 0 STANLEY HARRIS DIRECTOR 1.00 X 0 0 0 MAGGIE JACKSON DIRECTOR 1.00 X 0 0 0 KATRINA PEARL FACULTY APPOINTEE 1.00 40.00 X 0 125407 0 KAYDIN BRIDGEMAN STUDENT REPRESENTATIVE 1.00 X 0 0 0 EMILY PURVIS ALUMNI ASSOCIATION REPRESE 1.00 X 0 0 0 BRIAN MARHAVER DIRECTOR 1.00 X 0 0 0 MARION TERENZIO PHD COLLEGE PRESIDENT 1.00 40.00 X 0 461760 0 PAUL GEMMITI DIRECTOR 1.00 X 0 0 0 MATTHEW LODER DIRECTOR 1.00 X 0 0 0 CHARLES MORAN DIRECTOR 1.00 X 0 0 0 SHALONI WINSTON DIRECTOR 1.00 X 0 0 0 KEVIN D'ONOFRIO DIRECTOR 1.00 X 0 0 0 JOSEPH BATCHELDER DIRECTOR 1.00 40.00 X 0 225189 0 JOHN BRUST PRESIDENT 1.00 X 0 0 0 WENDY GILMAN ASSISTANT TREASURER 1.00 40.00 X 0 286355 0 MITCHELL NUDELMAN DM VICE PRESIDENT 1.00 X 0 0 0 GEOFFREY RIGHTMYER TREASURER 1.00 X 0 0 0 JOHN ZACHAREK EXECUTIVE DIRECTOR 1.00 40.00 X 0 268387 0 0 1367098 0 0 0 1 0 0 2442486 49841 2442486 STRATEGIC INITIATIVE 900099 175000 175000 FEES AND ACTIVITIES 900099 154612 154612 EVENTS AND OTHER 900099 98477 98477 428089 265903 265903 3832343 3066592 765751 765751 765751 119120 21773 97347 97347 3999576 428089 0 1129001 X 1155234 1155234 156814 47858 98956 10000 4076 4076 15178 15178 5491 5491 EQUIPMENT AND SPECIAL P 274829 263439 11390 ADMIN FEES 201512 154612 46900 MISCELLANEOUS 164700 10147 110259 44294 CREDIT LOSSES 133949 133949 401123 346480 2518 52125 2512906 1981846 413251 117809 4223065 3782051 67518 76382 976834 936171 75889 22812 68255 53077 10231581 11924032 1242497 1342616 16809750 18114329 33424 91975 339543 0 372967 91975 X 5224132 5186593 11212651 12835761 16436783 18022354 16809750 18114329 X 1486670 98901 588630 -588630 X 0 1 X 0 0 X 600630 1831389 2054785 1640453 2442486 8569743 600630 1831389 2054785 1640453 2442486 8569743 8569743 98146 133728 156664 223697 265903 878138 36713 76842 124692 97347 335594 9783475 0.87590 0.88160 X PART VIII, LINE 8 THE FOUNDATION HELD A GOLF TOURNAMENT FUNDRAISER IN AUGUST 2024. NET PROCEEDS FROM THE EVENT WAS $119,120. THE FOUNDATION HELD OTHER EVENTS DURING THE FISCAL YEAR, WHICH GENERATED NET PROCEEDS OF $97,347. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 11212651 1590019 927139 894048 12835761 10898550 907150 961347 1554396 11212651 10586312 821262 672422 1181446 10898550 11377592 1237552 -1121561 907271 10586312 9830342 435355 1824581 712686 11377592 1.00000 0 0 75889 22812 53077 53077 CASH AND MONEY MARKETS 193311 F U.S. GOVERNMENT OBLIGATIONS 1485129 F FIXED INCOME - BOND FUNDS 1567544 F EQUITY FUNDS 7961534 F EXCHANGE TRADED FUNDS 716514 F 11924032 CURRENT PORTION OF PLEDGES RECEIVABLE 1342582 RELATED PARTY RECEIVABLE 34 1342616 X 4687107 98901 588630 687531 3999576 0 3999576 3101536 588630 588630 2512906 0 2512906 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL 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 INCOME TAX POSITION 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 STATEMENT. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS PRECEDING THE THREE YEARS PRIOR TO THE CURRENT FISCAL YEAR END. PART III, LINE 1A THE FOUNDATION HAS RECEIVED DONATIONS OF NUMEROUS WORKS OF ART. THE FOUNDATION DOES NOT RECORD ITS COLLECTION ON ITS STATEMENT OF FINANCIAL POSITION. PART V, LINE 4 THE ORGANIZATION INTENDS TO USE ENDOWMENTS FOR SCHOLARSHIP AND THE ADVANCEMENT OF THE COLLEGE AS DIRECTED BY THE DONORS. GOLF TOURNAMENT 119120 119120 21773 119120 119120 21773 21773 97347 1 STUDENT SCHOLARSHIPS 236 1155234 X X X 0 0 0 0 0 0 0 0 0 MARION TERENZIO PHD COLLEGE PRESIDENT 0 288600 0 0 0 173160 0 0 0 0 0 461760 0 0 WENDY GILMAN ASSISTANT TREASURER 0 178972 0 0 0 107383 0 0 0 0 0 286355 0 0 JOHN ZACHAREK EXECUTIVE DIRECTOR 0 167742 0 0 0 100645 0 0 0 0 0 268387 0 0 JOSEPH BATCHELDER DIRECTOR 0 140743 0 0 0 84446 0 0 0 0 0 225189 0 0 X 75 FAIR MARKET VALUE X 1 800 FAIR MARKET VALUE X 1 550 FAIR MARKET VALUE X 1 750 FAIR MARKET VALUE X COMPUTER SOFTWARE 1 40000 FAIR MARKET VALUE X SUPPLIES 1 5008 FAIR MARKET VALUE X LARGE FISH NETS 1 2000 FAIR MARKET VALUE X ANIMAL FOOD INVENTORY 2 658 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING BY COMPARING THE 990 TO THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS REVIEW AND SIGN THE POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 110,702. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,702. SUPPLIES: PROGRAM SERVICE EXPENSES 70,922. MANAGEMENT AND GENERAL EXPENSES 1,969. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,891. SCHOLARSHIPS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 50,000. TOTAL EXPENSES 50,000. IN KIND NON-CASH MATERIALS & SUPPLIES: PROGRAM SERVICE EXPENSES 44,833. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,833. FACULTY SUPPORT: PROGRAM SERVICE EXPENSES 42,983. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,983. EDUCATIONAL SERVICES: PROGRAM SERVICE EXPENSES 37,511. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,511. EVENTS: PROGRAM SERVICE EXPENSES 25,989. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,989. DONATED SUPPLIES: PROGRAM SERVICE EXPENSES 5,008. MANAGEMENT AND GENERAL EXPENSES 549. FUNDRAISING EXPENSES 2,125. TOTAL EXPENSES 7,682. SPONSORSHIPS: PROGRAM SERVICE EXPENSES 4,855. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,855. STUDENT SUPPORT: PROGRAM SERVICE EXPENSES 3,677. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,677. FORM 990, PART XI, LINE 9: DONATED SERVICES AND USE OF FACILITIES -588,630. SUNY COBLESKILL AUXILIARY SERVICES INC 152 ALBANY AVENUE COBLESKILL NY 12043 141416206 AUXILIARY SERVICES NY 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 SUNY COBLESKILL AUXILIARY SERVICES INC C 477500 CASH ALUMNI ASSOCIATION OF SUNY COBLESKILL M 542000 SERVICES