2026-03-18T15:18:56-05:00 2025-06-30 161226221 FUSTCHARLES LLP 220 S WARREN STREET SYRACUSE NY 13202 990 2024-07-01 222141645 SUNY NEW PALTZ FOUNDATION INC SUNY 8452573232 1 HAWK DRIVE NEW PALTZ NY 125612443 JONATHAN VAUGHN INTERIM EXECUTIVE DIRECTOR 8452573232 2026-03-16 1 1 THOMAS J GIUFRE P00841958 3154463600 2026-03-16 2024 2025-03-06 01:10:19Z JONATHAN VAUGHN 1 HAWK DRIVE NEW PALTZ NY 12561 12070196 0 X WWW.NEWPALTZ.EDU/GIVE X 1976 NY THE MISSION OF THE SUNY NEW PALTZ FOUNDATION IS TO SEEK, SECURE AND MANAGE GIFTS AND GRANTS TO FUND SCHOLARSHIPS AND PROGRAMS THAT ENRICH AND SUPPORT THE ACADEMIC, CULTURAL AND COMMUNITY LIFE OF SUNY NEW PALTZ, AND TO BUILD A LASTING ENDOWMENT FOR THE UNIVERSITY'S FUTURE. 26 24 0 26 0 0 10546364 6056532 0 0 1166875 1947129 1290 239 11714529 8003900 1162028 1014788 0 0 0 0 125000 159954 372245 2497238 1930275 3784266 3105017 7930263 4898883 62720811 70400967 1397215 1321268 61323596 69079699 X THE MISSION OF THE SUNY NEW PALTZ FOUNDATION IS TO SEEK, SECURE AND MANAGE GIFTS AND GRANTS TO FUND SCHOLARSHIPS AND PROGRAMS THAT ENRICH AND SUPPORT THE ACADEMIC, CULTURAL AND COMMUNITY LIFE OF SUNY NEW PALTZ, AND TO BUILD A LASTING ENDOWMENT FOR THE UNIVERSITY'S FUTURE. 0 0 1014787 1014787 SCHOLARSHIPS ARE ONE OF THE MOST DIRECT WAYS A DONOR CAN IMPACT THE LIVES OF NEW PALTZ STUDENTS AND INCLUDE STUDENT FINANCIAL AID FOR TUITION AS WELL AS APPLIED LEARNING OPPORTUNITIES SUCH AS STUDY ABROAD, RESEARCH, INTERNSHIPS AND HONORS THAT ADD A MARGIN OF EXCELLENCE TO THE NEW PALTZ STUDENT EXPERIENCE.IN THE ACADEMIC YEAR 2024-2025, 561 STUDENTS RECEIVED SCHOLARSHIPS/AWARDS FROM THE FOUNDATION FOR A TOTAL OF $922,282. TWELVE NEW ANNUAL AND ENDOWED SCHOLARSHIPS WERE ESTABLISHED TO SUPPORT THE UNIVERSITY'S RECRUITMENT AND RETENTION EFFORTS AND EXPERIENTIAL LEARNING OPPORTUNITIES.INCLUDED IN THESE 561 STUDENTS WERE 23 WHO RECEIVED FUNDS FROM THE STUDENT CRISIS GRANT FUND, WHICH SERVES TO ASSIST STUDENTS FACING UNPREDICTABLE FINANCIAL HARDSHIP WHICH WOULD OTHERWISE INTERFERE WITH THEIR EDUCATION. THE FUNDS AWARDED RANGED FROM $100 TO $1,000.THE MINI GRANT PROGRAM ESTABLISHED DURING THE ACADEMIC YEAR 2022-2023 CONTINUED IN 2024-2025. DURING THE 2024-2025 ACADEMIC YEAR, SIXTY-ONE STUDENTS RECEIVED MINI AWARDS RANGING FROM $50-$300 TO BE USED FOR RESEARCH. THIS INCLUDES TRANSPORTATION TO RESEARCH SITES, MATERIALS, ENTRANCE FEES, ETC. FOR RESEARCH PROJECTS.FOR ACADEMIC YEARS 2022-2023, 2023-2024 & 2024-2025, STUDENTS PARTICIPATED IN THE ARCHAEOLOGY FIELD SCHOOL AT THE PINE STREET BURIAL GROUNDS IN KINGSTON, NY. DURING THE 2024-2025 ACADEMIC YEAR, TWELVE STUDENTS WERE OFFERED SCHOLARSHIP FUNDS GRANTED THROUGH A DONATION BY THE COMMUNITY FOUNDATION OF THE HUDSON VALLEY. WITH SUPPORT RANGING FROM $1,000-$4,000, STUDENTS WERE ISSUED A STIPEND THAT WOULD ENABLE THEM TO TAKE PART IN A NINE-CREDIT COURSE AND ASSIST WITH TUITION, HOUSING, AND COMMUTER EXPENSES WHILE TAKING PART IN THE DIG.SCHOLARSHIPS SUPPORTED ELEVEN STUDENTS TRAVELING TO USITT FOR THEATER PROFESSIONAL DEVELOPMENT. TWENTY-FOUR STUDENTS WERE PROVIDED GRANTS FOR BOOKS AS PART OF THE AC2 PROGRAM.SEVEN STUDENTS ATTENDED THE AMERICAN MARKETING ASSOCIATION PROGRAM IN NEW ORLEANS WHERE THEY PARTICIPATED IN WORKSHOPS AND COMPETITION WITH OTHER COLLEGIATE INSTITUTIONS.LASTLY EIGHT SUNY NEW PALTZ STUDENTS TRAVELED TO NEW PORT RICHEY, FLORIDA, DURING THE 2024-25 WINTER INTERCESSION TO PROVIDE ON-THE-GROUND SUPPORT TO A CITY THAT IS STILL RECOVERING FROM THE DEVASTATING HURRICANE MILTON, THE SECOND-MOST INTENSE STORM TO HIT FLORIDA'S GULF COAST. THEY TRAVELED WITH ASSISTANCE FROM THE ANTHONY BRIGANDI SCHOLARSHIP FUND.THE FOUNDATION ALSO DONATED $92,282 EQUIPMENT AND ACCESSORIES TO THE SUNY NEW PALTZ TO BE USED BY VARIOUS SCHOOLS WITHIN THE UNIVERSITY AND WILL ALLOW STUDENTS TO ACCESS TO TOP OF THE LINE EQUIPMENT TO ENHANCE THEIR LEARNING AND HANDS ON EXPERIENCES. THE EQUIPMENT INCLUDED A YAMAHA GRAND PIANO, MULTIPLE CAMERAS, LENS, AUDIO EQUIPMENT, COMPUTERS, ETC. 249962 AS A RESULT OF THE UNIVERSITY'S ACQUISITION OF THE LARGEST GIFT IN CAMPUS HISTORY, THE UNIVERSITY ESTABLISHED THE SCIENCE OF READING CENTER (SORC) AT SUNY NEW PALTZ IN 2023. THE SORC AT SUNY NEW PALTZ OFFERS A HUB FOR EDUCATORS WITH A SHARED MISSION OF IMPROVING LITERACY OUTCOMES FOR CHILDREN ACROSS THE U.S., BY PROMOTING RESEARCH-BASED KNOWLEDGE AND PRACTICES THAT ARE PROVEN TO HELP LEARNERS GAIN SKILLS AS READERS.THE CENTER'S SCIENCE OF READING FUNDAMENTALS MICROCREDENTIAL HAS SERVED OVER 25,000 EDUCATORS IN NEW YORK, MARYLAND AND ACROSS THE COUNTRY SINCE IT WAS LAUNCHED AND CONTINUES TO RESONATE WITH IN-SERVICE EDUCATORS. IN OCTOBER, THE CENTER HELD ITS INAUGURAL LITERACY LEADERSHIP SUMMIT IN ALBANY, NEW YORK, WHICH WAS A SOLD-OUT EVENT ATTRACTING ATTENDEES ACROSS THE STATE. THE PROGRAM WAS DESIGNED TO SUPPORT LEADERS IN DISTRICTS AND SCHOOL BUILDINGS WITH THE STRATEGY, TOOLS AND COMMUNICATION TO BUILD AWARENESS OF THE NEED FOR EVIDENCE-BASED READING INSTRUCTION AND LAUNCH LOCAL LEARNING COHORTS.THIS PAST YEAR ALSO SAW AN EXPANSION TO SUPPORT ALL SUNY EDUCATION FACULTY AND STUDENTS ACROSS 20 CAMPUSES WITH FREE ACCESS TO THE COURSE. IN 2025, TWO NEW VISITING FELLOWS, DR. ANTONIO FIERRO AND DR. ALYSSA O'ROURKE, JOINED THE CENTER TO SUPPORT PROFESSIONAL LEARNING AND THE REVISION OF THE MICROCREDENTIAL TO CLOSELY ALIGN TO NYSED GOALS FOR MULTILINGUAL LEARNERS. DR. CHRISTINE WOODCOCK AND DR. MIN WANG, FACULTY AT SUNY NEW PALTZ'S SCHOOL OF EDUCATION, ARE ALSO AFFILIATED WITH THE CENTER TO SUPPORT A RESEARCH PROGRAM WITH LOCAL SCHOOL DISTRICTS AND BOCES' IMPLEMENTING SCIENCE OF READING PRACTICES. THIS YEAR, THE FOUNDATION WAS ABLE TO FUND SCIENCE OF READING MICROCREDENTIAL SCHOLARSHIPS TO MORE THAN 300 INDIVIDUALS AS WELL AS LAUNCH A SYNCHRONOUS SEMINAR SERIES AT STRONG COMPLETION RATES. 233293 THE SAMUEL DORSKY MUSEUM OF ART IN 2024-2025, OFFERED SIX WELL-RECEIVED AND WELL-ATTENDED MAJOR EXHIBITIONS OF CONTEMPORARY AND HISTORICAL WORK THAT RECEIVED MEDIA PLACEMENTS IN SEVERAL LOCAL AND NATIONAL OUTLETS INCLUDING CHRONOGRAM, AND HUDSON VALLEY ONE, AMONG OTHERS. HIGHLIGHTS OF THE EXHIBITION PROGRAM INCLUDED GLOBAL CONNECTIONS: WORK BY MIGUEL COVARRUBIAS, ISAMI DOI, AARON DOUGLAS, AND WINOLD REISS, MIS/COMMUNICATION: LANGUAGE AND POWER IN CONTEMPORARY ART, IN AND OUT OF LINEAGE: TRACING ARTISTIC HERITAGE THROUGH SUNY NEW PALTZ FACULTY, HUDSON VALLEY ARTISTS 2025: MOVEMENT, LANDMINES: DAWOUD BEY, CHRISTINA FERNANDEZ, RICHARD MOSSE, RICK SILVA, THE ARRESTED IMAGE: IDENTITY THROUGH THE LENS OF LAW ENFORCEMENT AND THE BFA & MFA THESIS EXHIBITIONS.IN FY24-25, THE DORSKY WELCOMED 13,370 VISITORS. WE OFFERED A VIBRANT MIX OF IN-PERSON EDUCATIONAL PROGRAMS AND EVENTS FROM ARTIST TALKS AND CHILDREN'S WORKSHOPS TO CURATOR-LED GALLERY TOURS. BELOW IS A SNAPSHOT OF PARTICIPATION BY THE NUMBERS, HIGHLIGHTING THE WIDE RANGE OF ENGAGEMENTS THE MUSEUM CONTINUES TO FOSTER:PUBLIC PROGRAMS- 575 PARTICIPANTS FAMILY DAYS- 117 PARTICIPANTS CURATOR TALKS- 149 PARTICIPANTS ARTIST WORKSHOPS- 114 PARTICIPANTS PANELS AND ARTIST TALKS- 84 PARTICIPANTS PERFORMANCES- 49 PARTICIPANTS PUBLIC TOURS- 62 PARTICIPANTSK-12 AND LIFELONG LEARNING- 738 PARTICIPANTS LIFETIME LEARNING INSTITUTE CLASSES- 25 PARTICIPANTS K-12 GROUP VISITS- 713 STUDENTSSUNY NEW PALTZ STUDENT ENGAGEMENT- 918 STUDENTS ACROSS 40 CLASS VISITS FALL SEMESTER- 385 STUDENTS ACROSS 18 CLASS VISITS SPRING SEMESTER- 418 STUDENTS ACROSS 16 CLASS VISITS COLLECTION ACCESS SESSIONS- 115 STUDENTS ACROSS 6 CLASS VISITS 838720 ATHLETICS, WELLNESS & RECREATIONTHE MISSION OF THE NEW PALTZ DEPARTMENT OF ATHLETICS, WELLNESS AND RECREATION WITHIN THE DIVISION OF STUDENT AFFAIRS IS TO SPONSOR A BROAD-BASED ATHLETIC, WELLNESS AND RECREATION PROGRAM THAT PROVIDES TRANSFORMATIONAL, EDUCATIONAL AND ATHLETIC OPPORTUNITIES FOR STUDENTS TO GROW, TO DEVELOP AND TO SUPPORT THE MISSION OF THE COLLEGE BY COMPLEMENTING AND ENHANCING ITS DIVERSITY AND QUALITY OF LIFE. THROUGH FUNDRAISING EFFORTS, THE ATHLETICS DEPARTMENT WAS ABLE TO ENHANCE STUDENT-ATHLETES' EXPERIENCE THROUGH TEAM TRAVEL, TEAM UNIFORMS, PRACTICE EQUIPMENT, MENTAL PERFORMANCE TRAINING, AND TEAM BUILDING ACTIVITIES.THIS YEAR'S ATHLETIC TEAM'S ACCOMPLISHMENTS INCLUDE 2 STATE UNIVERSITY OF NEW YORK ATHLETIC CONFERENCE (SUNYAC) CHAMPIONSHIP TITLES,56 ALL CONFERENCE SELECTIONS, 18 ALL-REGION SELECTIONS, AND 6 ALL-AMERICANS.COLLEGE OF LIBERAL ARTS & SCIENCESTHE DEPARTMENT OF DIGITAL MEDIA & JOURNALISM AT SUNY NEW PALTZ WELCOMED ANDRE LAMBERTSON, THE AWARD-WINNING PHOTOJOURNALIST AND FILMMAKER, AS THE FALL 2025 JAMES H. OTTAWAY SR. VISITING PROFESSOR OF JOURNALISM.LAMBERTSON'S CAREER SPANS MORE THAN 25 YEARS CAPTURING STORIES OF TRANSFORMATION FROM AROUND THE GLOBE. HIS WORK COVERS A RANGE OF SUBJECTS AND CONTEXTS, OFTEN UNITED AROUND THEMES OF RESILIENT PEOPLE WHO EMBODY STORIES OF HOPE AND HEALING.HIS APPROACH TO VISUAL STORYTELLING IS DEEPLY ARTISTIC, AND MUCH OF HIS WORK IS FOUNDED UPON A PROFOUND UNDERSTANDING OF CRIMINAL JUSTICE ISSUES AND THE UNIQUE RHYTHMS OF URBAN AMERICA.AS THE OTTAWAY VISITING PROFESSOR, HE TAUGHT A CLASS TITLED "THE DOCUMENTARIAN: NAVIGATING SENSITIVE STORYTELLING WITH EMPATHY AND COMPASSION," WHICH EXPLORES THE ROLE OF THE VISUAL JOURNALIST AS A VISIONARY AND STORYTELLER.LAMBERTSON ENGAGED IN TWO PUBLIC PRESENTATIONS: A CAMPUS TALK AND A QUESTION-AND-ANSWER SESSION WITH THE UNIVERSITY PRESIDENT.IN ADDITION, THE DEPARTMENT OF DIGITAL MEDIA & JOURNALISM INVESTED IN NEWLY PURCHASED EQUIPMENT TO MODERNIZE THE RESOURCES AVAILABLE FOR STUDENT USE AND TO BETTER ALIGN WITH CURRENT INDUSTRY STANDARDS. THESE UPGRADES ENHANCE FUNCTIONALITY, RELIABILITY, AND ACCESSIBILITY, PROVIDING STUDENTS WITH HANDS-ON EXPERIENCE USING CONTEMPORARY TOOLS AND TECHNOLOGY. BY UPDATING THE EQUIPMENT, THE PROGRAM ENSURES A MORE EFFECTIVE LEARNING ENVIRONMENT THAT SUPPORTS SKILL DEVELOPMENT, INNOVATION, AND WORKFORCE READINESS.THE POLITICAL SCIENCE DEPARTMENT FACILITATED A TRIP FOR 20 STUDENTS TO WASHINGTON DC. THIS THREE-DAY TRIP ENABLED STUDENTS TO TOUR THE US SUPREME COURT, MEET WITH SUNY NEW PALTZ ALUMNI AND GOVERNMENT OFFICIALS, ALLOWING FOR INVALUABLE NETWORKING OPPORTUNITIES.FUND FOR NEW PALTZTHE FUND FOR NEW PALTZ (FFNP) IS AN UNRESTRICTED FOUNDATION FUND THAT MAKES IT POSSIBLE TO PROVIDE PROGRAMS AND OPPORTUNITIES THAT ENRICH THE EXPERIENCE OF EACH STUDENT AND OUR ENTIRE COMMUNITY, INCLUDING EVENTS AND LECTURES ON CAMPUS, MEMBERSHIP IN THE ORANGE & BLUE NETWORK, AND OTHER OPPORTUNITIES PROVIDED BY THE SUNY NEW PALTZ FOUNDATION AND THE OFFICE OF DEVELOPMENT & ALUMNI RELATIONS.THE FUNDS ALLOW FOR FREE ADMISSIONS FOR STUDENTS TO THE DISTINGUISHED SPEAKERS SERIES, WOMEN'S LEADERSHIP SUMMIT, PRESIDENT ROUNDTABLE EVENTS, FINALS FUEL (SNACKS DURING FINALS WEEK), 100 DAYS TO COMMENCEMENT, NETWORKING EVENTS, AS WELL AS MANY OTHER OPPORTUNITIES FOR STUDENTS.THE ORANGE & BLUE NETWORK ALLOWS SUNY NEW PLATZ STUDENTS, ALUMNI AND SUPPORTERS TO CONNECT IN AN ONLINE PROFESSIONAL NETWORKING ENVIRONMENT AND TO PROVIDE MENTORSHIP, INTERNSHIPS, AND CONNECTIONS TO INFINITY GROUPS.FFNP ALSO SUPPORTS THE ANNUAL ALUMNI REUNION AND MULTIPLE REGIONAL ALUMNI EVENTS. MANY OF THESE EVENTS PROVIDE IN-PERSON NETWORKING AND MENTORING OPPORTUNITIES FOR BOTH STUDENTS AND ALUMNI.SCHOOL OF BUSINESSTHE HUDSON VALLEY VENTURE HUB (HVVH) IS A STATE-DESIGNATED INNOVATION HOT SPOT HOUSED IN THE SUNY NEW PALTZ SCHOOL OF BUSINESS THAT SERVES AS A CENTRAL RESOURCE FOR EARLY-STAGE TECHNOLOGY ENTREPRENEURSHIP ACROSS THE MID-HUDSON REGION'S SEVEN COUNTIES. SINCE ITS LAUNCH IN 2018, HVVH HAS SUPPORTED MORE THAN 500 COMPANIES AND BUILT A NETWORK OF 2,500 ADVISORS, SERVICE PROVIDERS, INVESTORS, AND BUSINESS LEADERS. ACTING AS THE NEXUS OF THE REGIONAL INNOVATION ECOSYSTEM, HVVH ACCELERATES EARLY-STAGE TECH COMPANIES THROUGH PROGRAMMING, EDUCATION, AND CONVENING, WHILE FOSTERING STRONG RELATIONSHIPS AND PARTNERSHIPS AMONG ENTREPRENEURS, ACADEMIC INSTITUTIONS, AND INDUSTRY TO DRIVE COLLABORATION AND REGIONAL ECONOMIC GROWTH.HVVH HELPED 27 COMPANIES FROM ACROSS THE REGION THROUGH THE HV VENTURE HUB ACCELERATOR PROGRAM OVER THE LAST FISCAL YEAR. THESE COMPANIES REPORTED OVER $9.5 MILLION IN COMBINED ECONOMIC IMPACT, INCLUDING MORE THAN $3.4 MILLION IN REVENUE GROWTH, $4.6 MILLION IN PRIVATE INVESTMENT, $354,000 IN COST SAVINGS, $996,000 IN GRANT FUNDING, AND 64.5 NEW FULL-TIME JOBS. THE ORGANIZATION OFFERED DIRECT INVESTMENT IN NON-DILUTIVE FUNDING TO HUDSON VALLEY COMPANIES WITH OVER $35,000 IN COMPETITION WINNINGS, INCLUDING THE HVVH DEMO NIGHTS AND THE NEW YORK BUSINESS PLAN COMPETITION.THE SCHOOL OF BUSINESS WAS ABLE TO PROVIDE AWARDS FOR THE WINNING TEAMS AT THE SUNY NEW PALTZ BUSINESS PLAN COMPETITION AS WELL AS SUPPORT FOR STUDENTS TO ATTEND THE BUSINESS ANALYTICS COMPETITION AND CONFERENCE HELD AT MANHATTAN UNIVERSITY, THE GLOBAL ASSET MANAGEMENT EDUCATION FORUM HELD AT QUINNIPIAC, AND THE NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS CONVENTION AND EXPO IN LAS VEGAS.THE BENJAMIN CENTER FOR PUBLIC POLICY INITIATIVESTHE BENJAMIN CENTER FOR PUBLIC POLICY INITIATIVES AT SUNY NEW PALTZ CONNECTS LOCAL GOVERNMENTS, BUSINESSES, AND NOT-FOR-PROFITS IN THE HUDSON VALLEY AND THROUGHOUT NEW YORK STATE WITH THE EXPERTISE OF THE UNIVERSITY'S FACULTY THROUGH ASSISTING IN ALL ASPECTS OF APPLIED RESEARCH, EVALUATION, AND POLICY DEVELOPMENT. THE BENJAMIN CENTER CONDUCTS STUDIES ON TOPICS OF REGIONAL AND STATEWIDE IMPORTANCE, BRINGS VISIBILITY AND FOCUS TO THESE MATTERS, AND ADVANCES THE PUBLIC INTEREST IN OUR REGION.DURING 2024-2025, THE BENJAMIN CENTER, IN COLLABORATION WITH SIENA COLLEGE RESEARCH INSTITUTE, CONDUCTED A COST OF LIVING STUDY EXAMINING AFFORDABILITY AND HOUSEHOLD FINANCIAL STRESS ACROSS FOUR HUDSON VALLEY COUNTIES: DUTCHESS, ORANGE, SULLIVAN, AND ULSTER. THE RESEARCH FOUND WIDESPREAD FINANCIAL STRAIN, WITH MAJORITIES VIEWING THEIR COMMUNITIES AS UNAFFORDABLE AND SIX IN TEN HOUSEHOLDS LIVING PAYCHECK-TO-PAYCHECK. 78 PERCENT REPORTED FINANCIAL HARDSHIP FROM RECENT INFLATION AND RISING PRICES, WHILE 51 PERCENT COULD NOT COVER MONTHLY EXPENSES IF THEY UNEXPECTEDLY LOST ALL CURRENT INCOME SOURCES. HOUSING COSTS EMERGED AS PARTICULARLY BURDENSOME, LIMITING BOTH CONSUMER SPENDING AND SAVINGS CAPACITY. THE STUDY ALSO REVEALED THAT 19 PERCENT OF REGIONAL HOUSEHOLDS EXPERIENCED FOOD INSECURITY IN THE PAST YEAR, AFFECTING FAMILIES ACROSS ALL INCOME LEVELS. NEARLY ALL RESPONDENTS VIEW SOCIAL SECURITY AS VITAL TO THEIR FINANCIAL WELLBEING IN RETIREMENT. 838720 2336762 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 73 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO DC KY ME MD MA MI MN NV NH NJ NY ND OH OR SC UT WA X X JULIA DAVIS 8452573232 1 HAWK DRIVE NEW PALTZ NY 12561 DARRELL WHEELER DIRECTOR / SUNY NEW PALTZ PRESIDENT 2.50 37.50 X X 0 296526 87823 ERICA MARKS EXECUTIVE DIRECTOR / VP OF DEVELOPMENT 30.00 10.00 X X 0 264659 60292 JULIA DAVIS CFO 40.00 0.00 X 0 110021 10852 TAMAH WIEGAND CHAIR 3.00 X X 0 0 0 COL JOSEPH DAVIDSON '90 FIRST CHAIR 2.00 X X 0 0 0 JEFFERY KORN ESQ '79 SECOND CHAIR 3.00 X X 0 0 0 FITZARNAZ DRUMMOND '06 TREASURER 3.00 X X 0 0 0 MICHELE DI PALO-WILLIAMS '77 SECRETARY 2.00 X X 0 0 0 FAHAD AHMED '06 DIRECTOR 2.00 X 0 0 0 DION BACCUS '92 DIRECTOR 2.00 X 0 0 0 PHIL BERKOWITZ '75 DIRECTOR 2.00 X 0 0 0 VILICIA CADE '88 DIRECTOR 2.00 X 0 0 0 EDWARD CARROLL '85 DIRECTOR 2.00 X 0 0 0 BARBARA ESMARK '84 DIRECTOR 2.00 X 0 0 0 SEAN FOOTE '96 DIRECTOR 2.00 X 0 0 0 JOSEPH GARAY '78 DIRECTOR 2.00 X 0 0 0 JO ANN GOLDEN '69 DIRECTOR 2.00 X 0 0 0 SHARIF JAMAL DIRECTOR 2.00 X 0 0 0 PAUL LLEWELLYN '91 DIRECTOR 3.00 X 0 0 0 DENNIS MCSHANE '77 DIRECTOR 2.00 X 0 0 0 JAMES F PASSIKOFF DIRECTOR 2.00 X 0 0 0 ELIZBETH PEREZ '98 DIRECTOR 2.00 X 0 0 0 ITA RAHILLY DIRECTOR 2.00 X 0 0 0 STEPHANIE RAYMOND DIRECTOR 2.00 X 0 0 0 IRA SCHRECK '74 DIRECTOR 2.00 X 0 0 0 GIANCARLO TRAVERSO DIRECTOR 2.00 X 0 0 0 0 671206 158967 0 0 1 0 THE DEVELOPMENT CONSULTING GROUP LLC (AK 515 MADISON AVE 8TH FLOOR NEW YORK NY 10022 CAPITAL CAMPAIGN PHILANTROPIC COUNSEL 177000 1 58046 5998486 1603279 6056532 1205414 1205414 28975 28975 4776638 4034923 741715 741715 741715 2637 58046 31373 -28736 -28736 8003900 0 0 1947368 X 92505 92505 922283 922283 26960 21102 5858 25930 25930 159954 159954 134093 134093 409555 333296 29695 46564 8734 8734 46622 39634 530 6458 221593 83364 115231 22998 2777 2777 179214 121570 -9559 67203 20132 12131 8001 163600 163600 14350 14350 PROGRAM MATERIALS AND S 277624 236925 1861 38838 VISITING LECTURER & SUB 143100 142600 0 500 RECEPTIONS,DINNER & SPE 106477 88748 0 17729 MEMBERSHIPS & SUBSCRIPT 24926 20898 28 4000 124588 32245 92343 3105017 2336762 396010 372245 190434 517674 2999995 3720233 5883617 3844737 82571 83485 228510 202292 4033248 1515062 2702053 2518186 41043261 48312143 68295 66827 9522075 11135390 62720811 70400967 1368521 1294293 28694 26975 1397215 1321268 X 14890975 16776003 46432621 52303696 61323596 69079699 62720811 70400967 X 4898883 3224019 39000 -405799 X X 0 1 X 1 0 X 2387954 2610843 3259004 10596364 6095532 24949697 1880727 1898664 2005769 2106412 2359560 10251132 4268681 4509507 5264773 12702776 8455092 35200829 441699 34759130 562649 628719 773366 1049838 1234389 4248961 39449790 0.88110 0.88460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1598279 11135390 X X X 0 42641066 2320477 4786210 1400466 48347287 33438467 5865157 4356310 1018868 42641066 30059599 1438285 2824307 883724 33438467 35565992 407264 -5251963 661694 30059599 29147747 707722 7113519 1402996 35565992 0.05490 0.66360 0.28150 0 0 2000000 2000000 189428 73403 116025 1843820 1441659 402161 2518186 ARTWORK, PAINTING, ANTIQUES 11135390 11135390 GIFT ANNUITY PAYABLE 26975 26975 X PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2022. PART III, LINE 4: PUBLIC EXHIBITIONS: THROUGHOUT THE YEAR, THE DORSKY MUSEUM PRESENTS TEMPORARY, THEMATIC EXHIBITIONS THAT ADDRESS A WIDE VARIETY OF TOPICS, BOTH HISTORIC AND CONTEMPORARY. THESE EXHIBITIONS, WHICH ARE CURATED BY STAFF OR GUEST CURATORS, ARE DRAWN FROM OUTSIDE LENDERS AS WELL AS FROM THE MUSEUM'S PERMANENT COLLECTION OF ROUGHLY 9,000 OBJECTS. THE GOAL OF THESE EXHIBITIONS IS TO PRESENT ART OBJECTS IN NEW AND UNIQUE WAYS IN ORDER TO ENCOURAGE VISITORS TO MAKE MULTIPLE VISITS THROUGHOUT THE YEAR AND TO CONTRIBUTE TO A NEW SCHOLARSHIP IN THE MUSEUM FIELD. SCHOLARLY RESEARCH: THE MUSEUM ENCOURAGES VISITORS TO USE THE PERMANENT COLLECTION FOR SCHOLARLY RESEARCH BY TAKING ADVANTAGE OF THE PERMANENT COLLECTION DATABASE WHICH ALLOWS ANYONE TO SURVEY THE COLLECTION FOR ANY REASON. UNIVERSITY FACULTY ARE ALSO ENCOURAGED TO USE THE PERMANENT COLLECTION AS A TOOL IN THEIR TEACHING BY WORKING WITH MUSEUM STAFF TO SELECT APPROPRIATE PIECES WHICH CAN THEN BE PUT ON TEMPORARY DISPLAY IN THE MUSEUM FOR CLASS VISITS AND ASSIGNMENTS. PRESERVATION FOR FUTURE GENERATIONS: THE MUSEUM FOLLOWS THE AMERICAN ALLIANCE OF MUSEUM GUIDELINES FOR THE CARE AND PRESERVATION OF ITS PERMANENT COLLECTION. THIS COLLECTION IS STORED IN A TEMPERATURE AND HUMIDITY-CONTROLLED ENVIRONMENT AND IS PERIODICALLY REVIEWED BY STAFF TO PINPOINT CONSERVATION ISSUES. THE PERMANENT COLLECTION AT THE DORSKY MUSEUM CONSISTS OF OVER 9,000 OBJECTS AND IS VERY ENCYCLOPEDIC IN NATURE. THE COLLECTION CAN BE DIVIDED INTO THE FOLLOWING MAJOR CATEGORIES: THE WORLD COLLECTION: THIS COLLECTION INCLUDES OUTSTANDING EXAMPLES OF BOTH TWO- AND THREE-DIMENSIONAL OBJECTS FROM DIVERSE CULTURES, DATING FROM CLASSICAL TO MODERN TIMES. AREAS OF STRENGTH INCLUDE OBJECTS FROM ANCIENT EGYPT AND THE GREEK AND ROMAN WORLD, PRE-COLUMBIAN ARTIFACTS; ASIAN PRINTS SPANNING THE 17TH TO 19TH CENTURIES, TRADITIONAL AFRICAN SCULPTURE AND MASKS, AUSTRALIAN ABORIGINAL BARK PAINTINGS, AND PACIFIC ISLAND ARTIFACTS FROM THE EARLY 20TH CENTURY. PAINTINGS: THIS COLLECTION RANGES FROM 17TH TO 21ST CENTURY AMERICAN, EUROPEAN, AND ASIAN WORKS, WITH A SPECIAL EMPHASIS ON PAINTINGS BY ARTISTS FROM THE HUDSON VALLEY REGION. IN KEEPING WITH THE REGIONAL EMPHASIS OF OUR MISSION AND PROGRAMMING, THE MUSEUM HAS A SPECIAL INTEREST IN COLLECTING, EXHIBITING AND INTERPRETING THE WORK OF ARTISTS ASSOCIATED WITH THE HUDSON RIVER SCHOOL AND THE WOODSTOCK COLONY FOR THE ARTS. OUR EXHIBITION, RESEARCH AND INTERPRETIVE PROGRAMS EXTEND TO THE FERTILE CONTEMPORARY ART SCENE IN THE REGION AS WELL. THE MUSEUM IS DEEPLY COMMITTED TO BRINGING A COMPLEMENTARY CRITICAL FOCUS TO THE WORK OF THE MODERN AND CONTEMPORARY ARTISTS WHO HAVE CALLED THE HUDSON VALLEY HOME. PHOTOGRAPHY: IN 1983, THE MUSEUM MADE A LONG-RANGE COMMITMENT TO BUILDING A COMPREHENSIVE COLLECTION OF 19TH, 20TH AND 21ST CENTURY PHOTOGRAPHS. THIS COLLECTION INCLUDES ALMOST 4,000 PHOTOGRAPHS, DAGUERREOTYPES, AMBROTYPES, AND TINTYPES. THE MUSEUM CONTINUES TO RECEIVE DONATIONS OF HISTORIC AND MODERN PHOTOGRAPHS FROM A NUMBER OF IMPORTANT PHOTOGRAPHY COLLECTORS EACH YEAR. IT IS THROUGH THESE ONGOING DONATIONS THAT THE MUSEUM IS ABLE TO OFFER THE PUBLIC A VAST COLLECTION OF PHOTOGRAPHIC IMAGES WHICH REPRESENT ALL THE DIFFERENT MOVEMENTS IN THIS MEDIUM AS WELL AS WORKS BY VERY FAMOUS ARTISTS. WORKS ON PAPER: WORKS ON PAPER MAKE UP THE MUSEUM'S SINGLE LARGEST CORE COLLECTION. THE COLLECTION WAS ESTABLISHED IN 1957 WITH A BEQUEST OF MORE THAN 150 AMERICAN PRINTS FROM THE ESTATE OF EDWARD COYKENDALL. MANY OF THE PRINTS ARE BY ARTISTS FROM THE HUDSON VALLEY AND CATSKILL REGIONS. THE COYKENDALL COLLECTION LAID THE FOUNDATION FOR, AND STIMULATED THE MUSEUM'S INTEREST IN, FORMALLY ADDRESSING THE CULTURAL HERITAGE OF THE REGION. THIS FOCUS COMPLEMENTS A MORE COMPREHENSIVE TEACHING COLLECTION RANGING FROM THE 15TH THROUGH THE 21ST CENTURY THAT IS INTERNATIONAL IN SCOPE, WITH A STRONG EMPHASIS ON MODERN AND CONTEMPORARY AMERICAN AND EUROPEAN POSTERS AND DRAWINGS REPRESENTING THE MAJOR ART MOVEMENTS OF THE 20TH AND 21ST CENTURIES. METALS: IN 1985, A NEW AREA OF FOCUS FOR THE PERMANENT COLLECTION AT THE MUSEUM WAS ESTABLISHED. FROM THE OUTSET, COLLECTING "METALS" WAS SEEN AS A WAY TO BOTH COMPLEMENT AND AUGMENT THE UNIVERSITY'S INTERNATIONALLY RENOWNED STUDIO PROGRAM IN METALSMITHING. THROUGH THE COLLABORATIVE EFFORTS AND GENEROSITY OF FORMER AND CURRENT FACULTY MEMBERS, ALUMNI, AND FRIENDS OF THE MUSEUM, THE COLLECTION IS BEING AGGRESSIVELY DEVELOPED. THE COLLECTION HAS UNDERGONE A PERIOD OF UNPRECEDENTED GROWTH AND NOW INCLUDES FINE EXAMPLES OF 18TH AND 19TH CENTURY SILVER, AS WELL AS OUTSTANDING EXAMPLES OF MODERN AND CONTEMPORARY JEWELRY, VESSELS AND SMALL SCULPTURES. PART V, LINE 4: THE OBJECTIVE OF THE FOUNDATION'S ENDOWMENT FUNDS IS TO PROVIDE THE MARGIN OF EXCELLENCE IN ACADEMIC PROGRAMS, WHILE BALANCING THE PRESERVATION OF SPENDING POWER OF THE ENDOWMENT. X X X X X 1 THE DEVELOPMENT CONSULTING GROUP LLC (AKA) 515 MADISON AVENUE 8TH FLOOR NEW YORK NY 10022 CAPITAL CAMPAIGN AND PHILANTHROPIC COUNSEL 0 0 159954 0 159954 NY SHEP GOLF 60682 58046 2636 960 15198 10292 4923 60682 58046 2636 960 15198 10292 4923 31373 -28737 1 SUNY NEW PALTZ 1 HAWK DRIVE NEW PALTZ NY 12561 146013200 0 92505 FMV YAMAHA GRAND PIANO; LAPTOPS; CAMERAS,AUDIOVISUAL,AND DIGITAL MEDIA EQUIPMENT SEE PART IV FOR COLUMN (H) DESCRIPTION TO SUPPORT ACADEMIC PROGRAMS BY PROVIDING EQUIPMENT FOR INSTRUCTIONAL AND EDUCATIONAL USE ACROSS COLLEGE DEPARTMENTS THE FOUNDATION PROVIDED VARIOUS SCHOLARSHIPS AND AWARDS TO STUDENTS AT SUNY NEW PALTZ TO HELP FURTHER THEIR EDUCATION AND EXPERIENTAL LEARNING. 561 922282 X 1 1 0 0 0 0 0 0 0 0 0 DARRELL WHEELER DIRECTOR / SUNY NEW PALTZ PRESIDENT 0 296526 0 0 0 0 0 24834 0 62989 0 384349 0 339776 ERICA MARKS EXECUTIVE DIRECTOR / VP OF DEVELOPME 0 264659 0 0 0 0 0 26877 0 33415 0 324951 0 285872 PART I, LINE 3 THE COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR AND EMPLOYEES IS PAID BY SUNY NEW PALTZ. THE COMPENSATION OF THE UNIVERSITY EMPLOYEES IS DETERMINED PURSUANT TO LAWS OF THE STATE OF NEW YORK AND THE POLICIES OF THE SUNY BOARD OF TRUSTEES, SPECIFICALLY ARTICLE IX, TITLE B, SECTIONS 2 OF THEIR POLICIES. X 28 1598279 APPRAISAL X OTHER EQUIPMENT 1 5000 FMV 6 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN REVIEWED BY MANGEMENT BEFORE IT IS SENT ELECTRONICALLY TO EACH BOARD DIRECTOR AND MEMBERS OF THE AUDIT COMMITTEE. THE AUDIT COMMITTEE RECOMMENDS TO THE FULL BOARD AND THE FULL BOARD VOTES TO ACCEPT THE FORM 990 PRIOR TO ITS SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL BOARD MEMBERS AND OFFICERS ("INTERESTED PERSONS") OF THE ORGANIZATION. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST, OR OTHER PERSONAL INTEREST THAT MAY GIVE RISE TO A CONFLICT OF INTEREST TO THE COMMITTEE, AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE MEMBERS OF THE COMMITTEE. THE COMMITTEE SHALL REPORT ALL DISCLOSURES MADE HEREUNDER TO THE BOARD. PRIOR TO A PERSON'S ELECTION AND ANNUALLY THEREAFTER, EACH DIRECTOR SHALL SIGN A STATEMENT: (1) WHEREBY SUCH PERSON IDENTIFIES, TO THE BEST OF SUCH PERSON'S KNOWLEDGE, ANY ENTITY OF WHICH SUCH PERSON IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, OR EMPLOYEE AND WITH WHICH THE FOUNDATION HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE FOUNDATION IS A PARTICIPANT AND IN WHICH THE PERSON MIGHT HAVE A CONFLICTING INTEREST, AND (2) WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE FOUNDATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE SECRETARY OF THE FOUNDATION WILL COLLECT THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS AND WILL PROVIDE A COPY OF THE COMPLETED CONFLICT DISCLOSURE STATEMENT TO THE CHAIR OF THE COMMITTEE. AFTER DISCLOSURE OF AN INTERESTED PERSON'S FINANCIAL INTEREST OR OTHER PERSONAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE COMMITTEE SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS IN ACCORDANCE WITH THE FOLLOWING: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION REGARDING THE ARRANGEMENT OR TRANSACTION INVOLVING THE POSSIBLE CONFLICT OF INTEREST TO THE COMMITTEE MEETING. AN INTERESTED PERSON IS PROHIBITED FROM ATTEMPTING TO IMPROPERLY INFLUENCE ANY COMMITTEE DELIBERATION OR VOTING RELATED TO THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE INTERESTED PERSON MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, ANY SUCH TRANSACTION OR ARRANGEMENT. B. AFTER EXERCISING DUE DILIGENCE, THE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL REPORT TO THE BOARD ITS DETERMINATION REGARDING THE EXISTENCE OF A CONFLICT OF INTEREST AND SHALL MAKE A RECOMMENDATION AS TO WHETHER THE BOARD SHOULD APPROVE THE TRANSACTION ON ARRANGEMENT; PROVIDED THAT IF THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST CONSTITUTES A RELATED PARTY TRANSACTION THEN IT MUST BE APPROVED. ANY COVERED PERSONNEL WITH ANY INTEREST IN A RELATED PARTY TRANSACTION SHALL MAKE A GOOD FAITH DISCLOSURE OF ALL MATERIAL FACTS RELATED TO SUCH INTEREST TO THE COMMITTEE. THE COMMITTEE SHALL REVIEW ALL THE MATERIAL FACTS RELATED TO THE PROPOSED RELATED PARTY TRANSACTION AND REQUEST ANY ADDITIONAL INFORMATION THAT IT DEEMS NECESSARY TO COMPLETE SUCH REVIEW. THE COMMITTEE SHALL FIRST REVIEW THE PROPOSED RELATED PARTY TRANSACTION TO DETERMINE WHETHER THE RELATED PARTY'S FINANCIAL INTEREST IN THE TRANSACTION OR ARRANGEMENT IS SUBSTANTIAL (WHICH SHALL BE DETERMINED IN ACCORDANCE WITH ANY GUIDANCE ISSUED BY THE OFFICE OF THE NEW YORK STATE ATTORNEY GENERAL). IF THE COMMITTEE DETERMINES THAT THE RELATED PARTY'S FINANCIAL INTEREST IN THE PROPOSED RELATED PARTY TRANSACTION IS NOT SUBSTANTIAL, THEN THE COMMITTEE SHALL SHARE ITS FINDING WITH THE BOARD WHICH MAY APPROVE THE PROPOSED RELATED PARTY TRANSACTION IF IT DETERMINES THAT THE TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTERESTS OF THE FOUNDATION. FOR ANY PROPOSED RELATED PARTY TRANSACTION IN WHICH A RELATED PARTY'S FINANCIAL INTEREST IS SUBSTANTIAL, THE COMMITTEE SHALL CONSIDER ALTERNATIVE TRANSACTIONS TO THE PROPOSED RELATED PARTY TRANSACTION TO THE EXTENT ANY ALTERNATIVE TRANSACTIONS ARE AVAILABLE. FOLLOWING ITS REVIEW OF THE PROPOSED RELATED PARTY TRANSACTION AND ANY AVAILABLE ALTERNATIVE TRANSACTIONS, IF A MAJORITY OF DISINTERESTED MEMBERS OF THE COMMITTEE DETERMINES THAT THE PROPOSED RELATED PARTY TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTEREST OF THE FOUNDATION, THEN IT MAY RECOMMEND TO THE BOARD THAT THE FOUNDATION MAY ENTER INTO THE PROPOSED RELATED PARTY TRANSACTION. THE COMMITTEE SHALL DOCUMENT IN THE MINUTES OF THE MEETING AT WHICH SUCH DETERMINATION IS MADE, THE BASIS FOR ITS DETERMINATION THAT THE PROPOSED RELATED PARTY TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTERESTS OF THE FOUNDATION AND ANY ALTERNATIVE TRANSACTIONS THAT WERE CONSIDERED WHEN MAKING THIS DETERMINATION. UPON RECEIVING THE RECOMMENDATION OF THE COMMITTEE, THE BOARD MAY AUTHORIZE A PROPOSED RELATED PARTY TRANSACTION IF THE BOARD DETERMINES THAT IT IS FAIR, REASONABLE AND IN THE BEST INTEREST OF THE FOUNDATION. THE FOUNDATION SHALL NOT ENTER INTO A RELATED PARTY TRANSACTION UNLESS IT IS APPROVED IN ACCORDANCE WITH THIS POLICY. AT THE TIME OF ANY DELIBERATION OR DECISION BY THE BOARD OR THE COMMITTEE CONCERNING THE AUTHORIZATION OF A PROPOSED RELATED PARTY TRANSACTION, THE INTERESTED PERSON SHALL NOT BE PRESENT AT THE MEETING, AND SUCH INTERESTED PERSON SHALL NOT ATTEMPT TO IMPROPERLY INFLUENCE ANY DELIBERATIONS OR VOTING REGARDING THE RELATED PARTY TRANSACTION; PROVIDED THAT THE BOARD OR THE COMMITTEE MAY REQUEST THE INTERESTED PERSON TO PROVIDE INFORMATION REGARDING THE RELATED PARTY TRANSACTION PRIOR TO THE COMMENCEMENT OF DELIBERATIONS OR VOTING THEREON. ANY RELATED PARTY TRANSACTION THAT IS APPROVED WITHOUT COMPLYING WITH THE PROCEDURE SET FORTH IN THIS SECTION SHALL BE VOID. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN: A. THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARDS OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. B. THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTIONS OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON REQUEST, IN THE FORMAT THE REQUESTER PREFERS (ELECTRONIC, HARD COPY, OR INSPECTION AT THE SUNY NEW PALTZ FOUNDATION OFFICES). FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 333,296. MANAGEMENT AND GENERAL EXPENSES 29,695. FUNDRAISING EXPENSES 46,564. TOTAL EXPENSES 409,555. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF CHARITABLE GIFT ANNUITIES -5,274. NET ASSET TRANSFERRED- FELTSMAN FOUNDATION -400,525. FORM 990, PART XII, LINE 2C NO CHANGES FROM THE PRIOR YEAR. GOSHAWK LLC 1 HAWK DRIVE NEW PALTZ NY 12561 260341915 TO HOLD AND DEVELOP REAL ESTATE FOR THE BENEFIT OF SUNY NEW PALTZ NY 0 2003386 SUNY NEW PALTZ FOUNDATION INC SUNY NEW PALTZ 1 HAWK DRIVE NEW PALTZ NY 12561 146013200 FOUR YEAR UNIVERSITY NY 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 SUNY NEW PALTZ B 92505 FMV