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CORTLAND COLLEGE FOUNDATION INC

CORTLAND, NY · EIN 160979814 · Form 990 · FY2024 · Medium ($1M-$10M) · www2.cortland.edu
revenue
$6.0M
expenses
$4.6M
net assets
$82.7M
employees
0
volunteers
250
program ratio
74%
mission · from form 990

RECEIVE AND MANAGE DONATIONS ON BEHALF OF SUNY CORTLAND COLLEGE TO FUND EDUCATIONAL PROJECTS, SCHOLARSHIPS, AND AWARDS THAT MIGHT OTHERWISE NOT HAVE BEEN SUPPORTED.

profile · synthesized from sources

The Cortland College Foundation Inc. is a nonprofit organization established in 1967 to support SUNY Cortland by receiving and managing private donations. It funds educational projects, scholarships, and awards that enhance student opportunities and academic programs at the college. The foundation operates as a fiscal and development partner for the public university.

named programs · 2 · from sources

What they call their work

Educational Project Support
Provides financial support for academic initiatives, faculty development, and campus programs that might not otherwise be funded.
Scholarship Funding
Administers endowed and annual scholarships for SUNY Cortland students based on merit, need, or specific academic programs.
activities · 3 groups

What they do

  • University-Specific Endowment and Program Funding 2 activities
    • Funding educational projects, scholarships, and awards for SUNY Cortland
      Receives and manages donations to finance educational initiatives, scholarships, and awards for students and programs at SUNY Cortland.
    • Operating as official gift-receiving agency for SUNY Cortland
      Serves as the designated entity for receiving and managing philanthropic contributions on behalf of SUNY Cortland, a role held continuously since 1948.
  • Endowment and Gift Fund Management 1 activity
    • Managing and growing institutional endowment and revenue
      Conducts strategic efforts to increase endowment and revenue, including completion of a five-year capital campaign that raised $27.5 million.
  • Nonprofit Real Estate Holding 1 activity
    • Operating the Antlers property for SUNY Cortland
      Owns the Antlers property in Raquette Lake, NY, and operates it under a 30-year lease agreement with SUNY Cortland to support institutional programming.
financials · form 990 · fy2024
revenue
Total revenue$6.00M
Contributions & grants$4.83M80%
Program service revenue$00%
Investment income$1.17M20%
Other revenue$0
expenses
Total expenses$4.63M
Program expenses74%
Admin / overhead19%
Fundraising7%
Salaries & benefits$0
Grants paid out$1.64M
Largest expense lineProfessional Fees
balance sheet
Total assets$82.74M
Cash$2.51M
Investments$76.65M
Liabilities$40K
Net assets$82.70M
Liquid reserves205.1 mo
6 years on record · 2019–2024 · YoY revenue -1.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 25
  • ALEXANDER VOITOVICH — DIRECTOR
  • ANTHONY MOON — DIRECTOR
  • CAITLIN BEARDSLEY — DIRECTOR
  • CARY CARBONARO — DIRECTOR
  • CHRISTOPHER GRADY — DIRECTOR
  • CHRISTOPHER ORTEGA — DIRECTOR
  • DANIEL SCHEFFER — DIRECTOR
  • DAVID KRONMAN — DIRECTOR/SECRETARY
  • DAVID TURYBURY — CHAIR
  • DEBBIE KIEDERER — DIRECTOR
  • DIANA ABDOO LAWSON — DIRECTOR
  • DOROTHEA KREIG FOWLER — DIRECTOR
  • ERIK BITTERBAUM — DIRECTOR
  • ERNEST LOGAN — VICE CHAIR
  • FRANCIS ROSSI — DIRECTOR
  • FRITZ FAVORULE — DIRECTOR
  • JESSE CRANE — TREASURER
  • JOEL TISS — DIRECTOR
  • JOHANNA R AMES — IMMEDIATE PAST CHAIR
  • KAREN KERRIGAN — DIRECTOR
  • KEVIN KEEGAN — DIRECTOR
  • LINDA BARNES GADKOWSKI — DIRECTOR
  • LOUISE M CONLEY — DIRECTOR
  • MICHAEL BOVINO — DIRECTOR
  • MICHAEL CAPPETO — DIRECTOR
relationships · 10

Who they work with

  • Association for Advancing Quality in Educator Preparation Network — Member in good standing; Professional Education Unit accredited by AAQEP through December 31, 2029
  • Auxiliary Services Corporation Partner — Transferred ownership of the Antlers property in Raquette Lake, NY to the Cortland College Foundation.
  • College Reading and Learning Association Network — Accredited provider for Peer Tutoring program in The Learning Center
  • Commission on Accreditation of Athletic Training Education Network — Accredited provider for Athletic Training program
  • Council on Academic Accreditation in Audiology and Speech-Language Pathology Network — Accredited provider for Communication Sciences and Disorders M.S. program
  • Council on Accreditation of Parks, Recreation, Tourism and Related Professions Network — Accredited provider for Recreation, Parks and Leisure Studies Department
  • New York State Division of Criminal Justice Services Government — Accredited provider for University Police Department
  • SUNY College at Cortland Partner — Entered into a 30-year lease agreement with the Cortland College Foundation to operate the Antlers facility.
  • SUNY Cortland College Partner — Primary beneficiary of donations managed by the foundation for educational projects, scholarships, and awards.
  • Society for Public Health Education Network — Accredited provider for Health Education program
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.