2026-09-23T10:15:22-05:00 2026-06-30 132709344 SHEEHAN & COMPANY CPA PC 165 ORINOCO DRIVE BRIGHTWATERS NY 11718 990 2025-07-01 112162880 OLD WESTBURY COLLEGE FOUNDATION INC OLDW 5168763207 SUNY OLD WESTBURY PO BOX 210 OLD WESTBURY NY 11568 ANGELA WAMBUGU COBB EXECUTIVE DIRECTOR 5168763207 2026-09-21 1 STEPHANIE I HANDEL P01630631 6316657040 2025 ANGELA WAMBUGU COBB SUNY OLD WESTBURY PO BOX 210 OLD WESTBURY NY 11568 1412788 0 X N/A X 1968 NY TO PROVIDE RESOURCES, DEVELOP RELATIONSHIPS, CREATE ADDITIONAL AWARENESS AND OFFER GUIDANCE WHEN APPROPRIATE TO ENSURE CONTINUOUS PROGRESS IN THE DEVELOPMENT OF SUNY OLD WESTBURY'S ACADEMIC PROGRAMS, STUDENT LIFE, AND COMMUNITY RELATIONS. 31 31 0 30 0 0 545780 711776 0 0 210090 110730 -8500 -33559 747370 788947 264049 385544 0 0 0 0 0 0 8373 111784 170265 375833 555809 371537 233138 3678085 4159007 15250 39584 3662835 4119423 TO PROVIDE RESOURCES, DEVELOP RELATIONSHIPS, CREATE ADDITIONAL AWARENESS AND OFFER GUIDANCE WHEN APPROPRIATE TO ENSURE CONTINUOUS PROGRESS IN THE DEVELOPMENT OF SUNY OLD WESTBURY'S ACADEMIC PROGRAMS, STUDENT LIFE, AND COMMUNITY RELATIONS. 0 0 489349 385544 THE FOUNDATION ASSISTS THE STATE UNIVERSITY OF NEW YORK AT OLD WESTBURY BY PROVIDING GRANTS AND OTHER FINANCIAL ASSISTANCE TO FACULTY, STAFF, STUDENTS, AND AFFILIATED ORGANIZATIONS. 489349 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X THE ORGANIZATION 5168763207 SUNY OLD WESTBURY PO BOX 210 OLD WESTBURY NY 11568 X ANA TAVARES TRUSTEE 0.50 X 0 0 0 ANDREA ELDER-HOWELL TRUSTEE 0.25 X 0 0 0 ANTHONY SISSONS TRUSTEE 0.25 X 0 0 0 DEREK PETERSON TRUSTEE 0.25 X 0 0 0 DONALD GELESTINO TRUSTEE 0.25 X 0 0 0 DR DOROTHY A ESCRIBANO TRUSTEE 0.25 X 0 0 0 ELIZABETH CUSTODIO TRUSTEE 0.25 X 0 0 0 DR FAROQUE KHAN TRUSTEE 0.25 X 0 0 0 GARY CASIMIR TRUSTEE 0.25 X 0 0 0 HORACE PATRICK SR TRUSTEE 0.25 X 0 0 0 JASON SANDOVAL THRU 1225 TRUSTEE 0.25 X 0 0 0 JAYDA JARVIS TRUSTEE 0.25 X 0 0 0 JOSEPH CONRAD LEWIS TRUSTEE 0.25 X 0 0 0 JOSEPH SHEEHAN VICE CHAIR 0.50 X X 0 0 0 KEITH R ENGLEY TREASURER 5.00 X X 0 0 0 DR LORRAINE CADOGAN-COCHRANE TRUSTEE 0.25 X 0 0 0 MAGDALONIE PARIS-CAMPBELL TRUSTEE (THRU 7/25) 0.25 X 0 0 0 DR MAGDY SHADY TRUSTEE 0.25 X 0 0 0 MORGAN TAYLOR TRUSTEE 0.25 X 0 0 0 NORA BASSETT CHAIRPERSON 6.00 X X 0 0 0 RALPH L JOHNSON TRUSTEE 1.50 X 0 0 0 RAVISHANKAR BHOOPLAPUR TRUSTEE 0.25 X 0 0 0 SANDRA SALMON TRUSTEE 0.25 X 0 0 0 DR STEPHANIE SCHNEIDER TRUSTEE 0.25 X 0 0 0 STEVEN CONNOLLY TRUSTEE 0.50 X 0 0 0 DR SYLVIA CAREY-BUTLER TRUSTEE 0.25 X 0 0 0 TIMOTHY CONERS TRUSTEE 0.25 X 0 0 0 DR TIMOTHY E SAMS TRUSTEE 0.25 X 0 0 0 TRACY L DEANGELIS-BUSCH TRUSTEE 1.00 X 0 0 0 VIVIANA RUSSELL TRUSTEE 0.25 X 0 0 0 WALTER E ODEN II TRUSTEE 0.25 X 0 0 0 WILLIAM KING MOSS III TRUSTEE 0.25 X 0 0 0 WILLIAM REED TRUSTEE 0.25 X 0 0 0 ANGELA WAMBUGU COBB EXECUTIVE DIRECTOR 18.00 X 0 0 0 0 0 0 0 0 0 0 0 172779 17860 521137 9294 711776 80137 80137 569182 538589 30593 30593 30593 51693 172779 85252 -33559 -33559 788947 0 0 77171 385544 385544 4950 4950 32966 32966 8373 8373 4995 4995 10 10 941 941 CAMPUS FACILITIES AND D 51503 51503 MEALS, CATERING AND OTH 33928 26008 7920 COLLEGE TRANSPORTATION 10000 10000 IN KIND CONTRIBUTIONS 9294 9294 13305 7000 6305 555809 489349 58087 8373 912040 994973 553344 470321 71932 73500 770 1711 1902572 2618502 237427 0 3678085 4159007 15250 39584 15250 39584 X 1347752 1646548 2315083 2472875 3662835 4119423 3678085 4159007 233138 223450 0 X X 0 1 X 1 0 X 392265 308909 580515 545780 711776 2539245 392265 308909 580515 545780 711776 2539245 368310 2170935 61834 78435 76043 134741 80137 431190 4294 2000 2045 8339 2978774 0.72880 0.74510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 4,294. 2022 AMOUNT: $ 2,000. 2023 AMOUNT: $ 2,045. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 573007 1864426 299788 2737221 459806 96151 17550 500 573007 311058 118800 31448 1500 459806 291008 21004 5295 6249 311058 273054 51626 -26422 7250 291008 0.81020 0.13640 0.05340 0 0 0 X 1097649 223450 85252 308702 788947 0 788947 641061 85252 85252 555809 0 555809 PART V, LINE 4: THE ORGANIZATION'S DONOR RESTRICTED ENDOWMENT FUND BALANCE IS TO BE USED TO SUPPORT VARIOUS PROGRAMS AT SUNY OLD WESTBURY. THE ORGANIZATION'S BOARD-DESIGNATED ENDOWMENT FUND BALANCE IS USED TO ENSURE FUNDING FOR THE AMELIA AND JOHN WALLACE GALLERY IN PERPETUITY AND TO SUPPORT GENERAL OPERATIONS AND PROGRAMS OF SUNY OLD WESTBURY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(1) OF THE CODE. THE FOUNDATION ADOPTED REQUIREMENTS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AS OF JUNE 30, 2026, THE FOUNDATION DOES NOT BELIEVE IT HAS ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN MANAGEMENT AND GENERAL EXPENSES. DURING THE YEAR ENDED JUNE 30, 2026, THE FOUNDATION DID NOT RECOGNIZE OR ACCRUE ANY INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING COST 85,252. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING COST 85,252. LEADERSHIP GALA 171557 141529 30028 40035 1000 11472 SCHOOL OF BUSINESS GOLF OUTING 52915 31250 21665 8132 14882 9731 224472 172779 51693 8132 54917 1000 21203 85252 -33559 1 SCHOLARSHIPS FOR STUDENTS ATTENDING SUNY OLD WESTBURY 400 338296 GRANTS, AWARDS AND GIFTS 17 10374 TRAVEL 4 18969 STIPENDS 7 17905 PART I, LINE 2: ALL GRANT FUNDS GIVEN TO THE OLD WESTBURY COLLEGE FOUNDATION ARE EXPENDED AT THE DIRECTION OF THE PROJECT DIRECTOR FOR THE GIVEN EVENT/ACTIVITY/PROGRAM. THOSE DIRECTORS ARE EMPLOYEES OF SUNY OLD WESTBURY WHOSE PLANS, BUDGETS AND EXPENDITURES MUST BE REVIEWED AND APPROVED BY THEIR CAMPUS SUPERVISORS BEFORE ANY EXPENDITURE IS CONSIDERED BY THE FOUNDATION. THE FOUNDATION EXECUTIVE DIRECTOR AND ITS FINANCIAL MANAGEMENT TEAM REVIEW EXPENSES FOR PROPRIETY BEFORE AUTHORIZING THE EXPENSE. WHERE REQUIRED, THE FOUNDATION EXECUTIVE DIRECTOR WORKS WITH INDIVIDUAL PROJECT DIRECTORS TO PREPARE AND FILE REPORTS WHEN REQUIRED BY A DONOR OR GRANTING AGENCY. SCHEDULE I, PAGE 2, PART III SCHOLARSHIPS: SCHOLARSHIPS AWARDED FOR THE ACADEMIC YEAR FOR STUDENTS OF SUNY OLD WESTBURY TO OFFSET THE COSTS OF TUITION, FEES AND OTHER EXPENSES RELATED TO STUDENT ENROLLMENT IN PROGRAMS ON CAMPUS AND ABROAD. GRANTS, AWARDS, & GIFTS: AWARDED TO SUPPORT MEMBERS OF THE CAMPUS COMMUNITY. TRAVEL: FUNDS PROVIDED TO SUPPORT STUDENTS, STUDENT-ATHLETES, FACULTY AND STAFF IN SUPPORT OF RESEARCH, COMPETITIONS, AND COLLEGE PROGRAM DEVELOPMENT. STIPENDS: PAID TO INDEPENDENT CONTRACTORS OF THE FOUNDATION IN SUPPORT OF SUNY OLD WESTBURY PROGRAMS AND SERVICES AND SUNY OLD WESTBURY ITSELF FOR SALARY AND BENEFITS FOR CAMPUS PERSONNEL. FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEE, WHO IS IN PLACE EX OFFICIO AS A RESULT OF HIS BEING COLLEGE COUNCIL CHAIR, HAS THE RIGHT, BY THE BYLAWS, TO RECOMMEND FOUR MEMBERS OF THE COUNCIL TO JOIN THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. COMMITTEES CAN MAKE RECOMMENDATIONS TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MEMBERS OF MANAGEMENT AND THE RETURN IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE AND THEN SENT TO MEMBERS OF THE BOARD OF TRUSTEES FOR APPROVAL TO FILE THE FORM WITH THE APPROPRIATE JURISDICTION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE TRUSTEES' CODE OF CONDUCT, WHICH IS AFFIRMED ANNUALLY BY A VOTE OF THE ENTIRE BOARD AND THEN EACH TRUSTEE IS ASKED TO PROVIDE SIGNED AFFIRMATION. THE POLICY IS REVIEWED AT THE FIRST MEETING OF EACH FISCAL YEAR. TRUSTEES ARE REMINDED OF THE PROCESSES THAT NEED TO BE ADHERED TO. EACH EXPENSE REQUEST SUBMITTED TO THE FOUNDATION IS REVIEWED FOR ADEQUACY OF PURPOSE, PROPOSED COST, AND CHOSEN VENDOR. FORM 990, PART VI, SECTION C, LINE 19 ALL PUBLIC DOCUMENTS INCLUDING, BUT NOT LIMITED TO THE GOVERNING DOCUMENTS, BY-LAWS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADDRESS OF OPERATIONS. ADDITIONALLY, SUCH INFORMATION IS ALSO AVAILABLE ON PUBLIC WEBSITES SUCH AS WWW.GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESSES DURING THE YEAR.