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Nonprofit · EIN 51-0205028

MORRISVILLE COLLEGE FOUNDATION INC

Tax-exempt · MORRISVILLE, NY 13408

Financials

$6.1M$4.7M2022$7.2M$6.2M2023$7.9M$6.3M2024
Revenue Expenses · by fiscal year end
Financials of MORRISVILLE COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,916,813$6,283,487$1,633,326$25,492,112$20,365,246$5,126,866
June 30, 2024990$7,249,979$6,208,202$1,041,777$24,670,561$21,684,134$2,986,427
June 30, 2023990$6,055,649$4,723,935$1,331,714$24,201,215$22,636,940$1,564,275
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,258,146
Program service revenue
$4,385,212
Investment income
$273,455
Net gain from sales of assets
$128,375
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,092,515
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$62,340
Depreciation
$795,708
Program services (functional)
$6,117,085
Management and general (functional)
$77,087
Fundraising (functional)
$89,315

Balance sheet and other

Total assets, start of year
$24,670,561
Total assets, end of year
$25,492,112
Total liabilities, end of year
$20,365,246
Net assets, end of year
$5,126,866
Land, buildings and equipment
$13,887,652
Publicly traded securities
$8,106,313
Net assets without donor restrictions
-$2,183,475
Net assets with donor restrictions
$7,310,341
Gross receipts
$9,401,001
Employees
0
Volunteers
45
Year formed
1976
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
DAVID E ROGERS PHDPRESIDENT - MSC
Trustee or director
2$0$306,513$82,934
THERESA R KEVORKIANEXECUTIVE DIRECTOR
Officer
20$0$139,520$42,220
JENNIFER BOWDENEXECUTIVE DIRECTOR, MAC
Trustee or director
2$0$124,511$20,408
LAWERENCE J BAKEREMERITUS
Trustee or director
1$0$0$0
SHIRLEY A CRAWFORD PHDBOARD MEMBER
Trustee or director
1$0$0$0
NORMA GALBREATHBOARD MEMBER
Trustee or director
1$0$0$0
BRIAN W HAUGLIBOARD MEMBER
Trustee or director
1$0$0$0
MARY CLAIRE HELMERBOARD MEMBER
Trustee or director
1$0$0$0
THOMAS LEAMERBOARD MEMBER
Trustee or director
1$0$0$0
MARK H KICHERBOARD MEMBER
Trustee or director
1$0$0$0
KIRSY A MUNOZBOARD MEMBER
Trustee or director
1$0$0$0
RITA L SCHARMANBOARD MEMBER
Trustee or director
1$0$0$0
TERRI M SPIEGELBOARD MEMBER
Trustee or director
1$0$0$0
PETER VANDERWOUDEBOARD MEMBER
Trustee or director
1$0$0$0
PATRICIA A KINGALUMNI ADVISORY BOARD
Trustee or director
1$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
LARRY DROPPABOARD MEMBER
Trustee or director
1$0
COLEEN R FABRIZIBOARD MEMBER
Trustee or director
1$0
STEPHEN HALEBOARD MEMBER
Trustee or director
1$0
STEPHEN PARAVATIBOARD MEMBER
Trustee or director
1$0
MILTON PICHARDOBOARD MEMBER
Trustee or director
1$0
DONALD E BABCOCKEMERITUS
Trustee or director
1$0
JENNIFER GILBERT-JENKINSCOLLEGE SENATE
Trustee or director
1$0
HARMON HOFFCHAIRMAN
Officer
1$0
GARY M SMALDONEVICE CHAIRMAN
Officer
1$0
MARY C BRANHAMTREASURER
Officer
1$0
NANCY L ROBERTS PHDSECRETARY
Officer
1$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID E ROGERS PHDPRESIDENT - MSC
Trustee or director
20$0$269,819$11,973
THERESA R KEVORKIANEXECUTIVE DIRECTOR
Officer
40$0$122,242$29,614
JAMIE P CYRVP OF ADMINISTRATION
Trustee or director
20$0$149,902$0
JENNIFER BOWDENEXECUTIVE DIRECTOR, MAC
Trustee or director
20$0$121,445$20,141
SHIRLEY A CRAWFORD PHDBOARD MEMBER
Trustee or director
20$0$113,866$12,136
THOMAS C LEAMERCHAIRMAN
Trustee or director, Officer
20$0$0$0
GARY M SMALDONEVICE CHAIRMAN
Trustee or director, Officer
20$0$0$0
MARY C BRANHAMTREASURER
Trustee or director, Officer
20$0$0$0
NANCY L ROBERTS PHDSECRETARY
Trustee or director, Officer
20$0$0$0
LAWERENCE J BAKEREMERITUS
Trustee or director
20$0$0$0
NORMA GALBREATHBOARD MEMBER
Trustee or director
20$0$0$0
BRIAN W HAUGLIBOARD MEMBER
Trustee or director
20$0$0$0
MARY CLAIRE HELMERBOARD MEMBER
Trustee or director
20$0$0$0
HARMON HOFFBOARD MEMBER
Trustee or director
20$0$0$0
MARK H KICHERBOARD MEMBER
Trustee or director
20$0$0$0
KRISY A MUNOZBOARD MEMBER
Trustee or director
20$0$0$0
RITA L SCHARMANBOARD MEMBER
Trustee or director
20$0$0$0
TERRI M SPIEGELBOARD MEMBER
Trustee or director
20$0$0$0
PETER VANDERWOUDEBOARD MEMBER
Trustee or director
20$0$0$0
PATRICIA A KINGALUMNI ADVISORY BOARD
Trustee or director
20$0$0$0
LARRY DROPPABOARD MEMBER
Trustee or director
20$0$0$0
COLEEN R FABRIZIBOARD MEMBER
Trustee or director
20$0$0$0
STEPHEN HALEBOARD MEMBER
Trustee or director
20$0$0$0
STEPHEN PARAVATIBOARD MEMBER
Trustee or director
20$0$0$0
MILTON PICHARDOBOARD MEMBER
Trustee or director
20$0$0$0
DONALD E BABCOCKEMERITUS
Trustee or director
20$0$0$0
JENNIFER GILBERT-JENKINSCOLLEGE SENATE
Trustee or director
20$0$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID E ROGERS PHDPRESIDENT - MSC
Trustee or director
20$0$270,487$11,027
JAMIE P CYRVP OF ADMINISTRATION
Trustee or director
20$0$143,588$27,287
JENNIFER BOWDENEXECUTIVE DIRECTOR, MAC
Trustee or director
20$0$131,215$31,965
THERESA R KEVORKIANEXECUTIVE DIRECTOR
Officer
40$0$123,691$27,287
THOMAS C LEAMERCHAIRMAN
Trustee or director, Officer
20$0$0$0
GARY M SMALDONEVICE CHAIRMAN
Trustee or director, Officer
20$0$0$0
MARY C BRANHAMTREASURER
Trustee or director, Officer
20$0$0$0
NANCY L ROBERTS PHDSECRETARY
Trustee or director, Officer
20$0$0$0
LAWERENCE J BAKERBOARD MEMBER
Trustee or director
20$0$0$0
ROBERT E BERKEY IIIBOARD MEMBER
Trustee or director
20$0$0$0
GRACE COOKBOARD MEMBER
Trustee or director
20$0$0$0
SHIRLEY A CRAWFORD PHDBOARD MEMBER
Trustee or director
20$0$0$0
NORMA GALBREATHBOARD MEMBER
Trustee or director
20$0$0$0
BRIAN W HAUGLIBOARD MEMBER
Trustee or director
20$0$0$0
MARY CLAIRE HELMERBOARD MEMBER
Trustee or director
20$0$0$0
HARMON HOFFBOARD MEMBER
Trustee or director
20$0$0$0
DENNIS F KELLYBOARD MEMBER
Trustee or director
20$0$0$0
MARK H KICHERBOARD MEMBER
Trustee or director
20$0$0$0
PEGI S LOPRESTIBOARD MEMBER
Trustee or director
20$0$0$0
KRISY A MUNOZBOARD MEMBER
Trustee or director
20$0$0$0
VICTOR SAWENKOBOARD MEMBER
Trustee or director
20$0$0$0
RITA L SCHARMANBOARD MEMBER
Trustee or director
20$0$0$0
TERRI M SPIEGELBOARD MEMBER
Trustee or director
20$0$0$0
ARNOLD R FISHEREMERITUS
Trustee or director
20$0$0$0
PETER VANDERWOUDEBOARD MEMBER
Trustee or director
20$0$0$0
LAURA PIERIEPRESIDENT - COLLEGE SENATE
Trustee or director
20$0$0$0
PATRICIA A KINGALUMNI ADVISORY BOARD
Trustee or director
20$0$0$0
NATALIA CLARKESGO REPRESENTATIVE
Trustee or director
20$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 901, MORRISVILLE, NY 13408-0901
Principal officer (990 for 2024)
THERESA KEVORKIAN, 80 EATON STREET PO BOX 901, MORRISVILLE, NY 134088009
Signed the 990
THERESA KEVORKIAN, EXECUTIVE DIRECTOR
Phone
(315) 684-6047
Return prepared by
BOWERS ADVISORS LLC

Mission

THE MORRISVILLE COLLEGE FOUNDATION, INC (THE FOUNDATION) WAS INCORPORATED AS A NOT-FOR-PROFIT NEW YORK STATE CORPORATION FOR THE PURPOSES OF SUPPORTING THE EDUCATIONAL ACTIVITIES OF THE STATE UNIVERSITY OF NEW YORK COLLEGE OF AGRICULTURE AND TECHNOLOGY AT MORRISVILLE. THE SPECIFIC ACTIVITIES OF THE FOUNDATION INCLUDE, BUT ARE NOT LIMITED TO, FUNDING SCHOLARSHIPS, PROVIDING COLLEGE ASSISTANCE, ADMINISTERING ENDOWMENT FUNDS, AND PROVIDING ON-CAMPUS STUDENT HOUSING.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIP SUPPORT INCREASED IN TOTAL THIS YEAR AND AS A RESULT THE AVERAGE STUDENT AWARD WAS INCREASED BY NEARLY 10%. THIS ALLOWED MORE STUDENTS TO STAY ENROLLED WHEN FINANCES HAVE BECOME AN ISSUE.
    Expenses $1,503,640 · grants $1,092,515
  • COMMONS REVENUE RECOVERED THIS YEAR AND THE COLLEGE'S IMPROVED METHODS OF COLLECTING STUDENT RENT MEANT THAT THE COMMONS CASH POSITION WAS MUCH MORE STABLE AND PREDICTABLE THAN IN PREVIOUS YEARS. WHILE OCCUPANCY DROPPED SIGNIFICANTLY FROM FALL TO SPRING, TOTAL OCCUPANCY REMAINED OVER THE 80% REQUIRED IN THE BUDGET.
    Expenses $4,613,445 · revenue $4,096,995
  • TEMPORARILY RESTRICTED SUPPORT FOR CAMPUS DEPARTMENTS, TEAMS AND ORGANIZATIONS WAS UP AGAIN THIS YEAR AS DEPARTMENTS COME TO RELY MORE HEAVILY ON FOUNDATION DOLLARS FOR THEIR OPERATIONAL BUDGETS. RESTRICTED GIFTS TO DEPARTMENTS HAVE BECOME MORE POPULAR AND MANY SMALLER CAMPAIGNS AROUND THESE DEPARTMENTS AND THE PURCHASE OF EQUIPMENT, SOFTWARE OR PROGRAMMING CONTINUES TO BE SUCCESSFUL.
    revenue $288,217

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
51-0205028
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
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)
$25,492,112
Income (IRS master file)
$9,401,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,916,813$6,283,487$25,492,112XML
990June 2024$7,249,979$6,208,202$24,670,561XML
990June 2023$6,055,649$4,723,935$24,201,215XML
990June 2022$5,429,338$4,755,372$23,531,856IRS
990June 2021–––IRS
990June 2020–––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 51-0205028).

Questions about MORRISVILLE COLLEGE FOUNDATION INC

What is the EIN of MORRISVILLE COLLEGE FOUNDATION INC?
The employer identification number (EIN) of MORRISVILLE COLLEGE FOUNDATION INC is 51-0205028.
Is MORRISVILLE COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to MORRISVILLE COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MORRISVILLE COLLEGE FOUNDATION INC 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 MORRISVILLE COLLEGE FOUNDATION INC 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 MORRISVILLE COLLEGE FOUNDATION INC 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 MORRISVILLE COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names THERESA KEVORKIAN.
Who are the officers and directors of MORRISVILLE COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 26 people; 0 received compensation from the organization.
How much revenue does MORRISVILLE COLLEGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,916,813, expenses of $6,283,487 and total assets of $25,492,112 at year end.

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