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Nonprofit · EIN 51-0193595

EMPIRE STATE UNIVERSITY FOUNDATION

Tax-exempt · SARATOGA SPGS, NY 12866

Financials

$620K$1.8M2023$5.1M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of EMPIRE STATE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,052,086$2,182,503$2,869,583$49,908,536$87,435$49,821,101
June 30, 2024990$620,311$1,811,070-$1,190,759$44,852,550$76,144$44,776,406
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,434,191
Program service revenue
$0
Investment income
$3,531,623
Net gain from sales of assets
$2,263,254
Other revenue
$86,272

Expenses

Grants and similar amounts paid
$1,396,842
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,056
Accounting fees
$20,100
Travel
$37,880
Program services (functional)
$1,806,650
Management and general (functional)
$271,761
Fundraising (functional)
$104,092

Balance sheet and other

Total assets, start of year
$44,852,550
Total assets, end of year
$49,908,536
Total liabilities, end of year
$87,435
Net assets, end of year
$49,821,101
Publicly traded securities
$48,704,225
Net assets without donor restrictions
$33,895,117
Net assets with donor restrictions
$15,925,984
Gross receipts
$8,760,330
Employees
0
Volunteers
0
Year formed
1974
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA VOLLENDORF PHDESU PRESIDENT
Trustee or director
1$0$380,234$250,232
MARLY NORRIS(FORMER EXEC. DIR.)(NON-VOTING)
Trustee or director, Officer
5$0$214,599$141,227
JULIETA MAJAKTREASURER (NON VOTING MEMBER)
Trustee or director, Officer
5$0$210,253$138,368
DAVID FULLARD PHDSECRETARY
Trustee or director, Officer
1$0$113,805$74,895
VERONICA FITZGERALD(EXEC. DIR.)(NON-VOTING)
Trustee or director, Officer
5$0$43,718$28,771
MARIAN CONWAY PHDBOARD CHAIR
Trustee or director, Officer
1$0$6,889$4,533
ALTHEA LEUHRSENBOARD VICE CHAIR
Trustee or director, Officer
1$0$0$0
PHILLIP CATCHINGSDIRECTOR
Trustee or director
1$0$0$0
SUSAN DAKEDIRECTOR
Trustee or director
1$0$0$0
DORA CERVANTESDIRECTOR
Trustee or director
1$0$0$0
TINA EVANSDIRECTOR
Trustee or director
1$0$0$0
CHRISTOPHER FEELEYDIRECTOR
Trustee or director
1$0$0$0
JOHN CORROUDIRECTOR
Trustee or director
1$0$0$0
SCOTT JOHNSONDIRECTOR
Trustee or director
1$0$0$0
DAVID MAZZETTIDIRECTOR
Trustee or director
1$0$0$0
5 more people on this return
NameTitleHours / weekCompensation
JAMES KARCHERDIRECTOR
Trustee or director
1$0
RODNEY POPEDIRECTOR
Trustee or director
1$0
DAVID THEOBALDDIRECTOR
Trustee or director
1$0
ANN TURNERDIRECTOR
Trustee or director
1$0
AMY VAILLANCOURTDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA VOLLENDORF PHDESU PRESIDENT
Trustee or director
1$0$349,237$192,465
JULIETA MAJAKTREASURER (NON VOTING)
Trustee or director, Officer
5$0$199,073$109,709
MARLY NORRISEXECUTIVE DIRECTOR (NON-VOTING)
Trustee or director, Officer
5$0$164,185$90,482
DAVID FULLARD PHDSECRETARY
Trustee or director, Officer
1$0$104,940$57,833
VERONICA FITZGERALDINTERIM EXEC DIRECTOR (NON-VOTING)
Trustee or director, Officer
5$0$0$0
MARIAN CONWAYBOARD CHAIR
Trustee or director, Officer
1$0$0$0
ALTHEA LEUHRSENBOARD VICE CHAIR
Trustee or director, Officer
1$0$0$0
PHILLIP CATCHINGSDIRECTOR
Trustee or director
1$0$0$0
SUSAN DAKEDIRECTOR
Trustee or director
1$0$0$0
DORA CERVANTESDIRECTOR
Trustee or director
1$0$0$0
TINA EVANS PHDDIRECTOR
Trustee or director
1$0$0$0
CHRISTOPHER FEELEYDIRECTOR
Trustee or director
1$0$0$0
JOHN CORROUDIRECTOR
Trustee or director
1$0$0$0
SCOTT JOHNSONDIRECTOR
Trustee or director
1$0$0$0
DAVID MAZZETTIDIRECTOR
Trustee or director
1$0$0$0
JAMES KARCHERDIRECTOR
Trustee or director
1$0$0$0
RODNEY POPEDIRECTOR
Trustee or director
1$0$0$0
DAVID THEOBALDDIRECTOR
Trustee or director
1$0$0$0
ANN TURNERDIRECTOR
Trustee or director
1$0$0$0
AMY VAILLANCOURTDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2 UNION AVE, SARATOGA SPGS, NY 12866-4310
Principal officer (990 for 2024)
VERONICA FITZGERALD, 2 UNION AVE, SARATOGA SPRINGS, NY 12866
Signed the 990
VERONICA FITZGERALD, EXECUTIVE DIRECTOR
Phone
(518) 587-2100
Return prepared by
EFPR GROUP CPAS PLLC

Mission

TO ASSIST IN ADVANCING THE WELFARE AND DEVELOPMENT OF EMPIRE STATE UNIVERSITY (A UNIT OF THE STATE UNIVERSITY OF NEW YORK), INCLUDING FINANCIAL ASSISTANCE TO STUDENTS, FACULTY, STAFF AND UNIVERSITY PROGRAMS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION GAVE 680 STUDENTS SCHOLARSHIPS, 380 FACULTY DEVELOPMENT AWARDS, AND 13 HONORARIA.
    Expenses $1,806,650 · grants $1,396,842

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
51-0193595
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42I)
Assets (IRS master file)
$49,908,536
Income (IRS master file)
$8,760,330

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,052,086$2,182,503$49,908,536IRS
990June 2024$620,311$1,811,070$44,852,550XML
990June 2023$3,974,032$1,346,937$42,557,146IRS
990June 2022$2,215,775$1,215,930$37,289,291IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0193595).

Questions about EMPIRE STATE UNIVERSITY FOUNDATION

What is the EIN of EMPIRE STATE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of EMPIRE STATE UNIVERSITY FOUNDATION is 51-0193595.
Is EMPIRE STATE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to EMPIRE STATE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMPIRE STATE UNIVERSITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EMPIRE STATE UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EMPIRE STATE UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EMPIRE STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names VERONICA FITZGERALD.
Who are the officers and directors of EMPIRE STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does EMPIRE STATE UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,052,086, expenses of $2,182,503 and total assets of $49,908,536 at year end.

Other nonprofits in SARATOGA SPGS

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