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PLATTSBURGH COLLEGE FOUNDATION INC

PLATTSBURGH, NY · EIN 141484644 · Form 990 · FY2024 · NTEE B110 · Education · Medium ($1M-$10M)
revenue
$4.0M
expenses
$3.3M
net assets
$43.1M
employees
0
program ratio
92%
mission · from form 990

PLATTSBURGH COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1963 TO RECEIVE AND MANAGE SUBSTANTIALLY ALL PRIVATE GIFTS TO THE STATE UNIVERSITY OF NEW YORK COLLEGE AT PLATTSBURGH. A SIGNIFICANT AMOUNT OF FUNDS RAISED FROM PRIVATE CONTRIBUTIONS AND GENERATED FROM ENDOWMENT INVESTMENTS IS DESIGNATED FOR FINANCIAL ASSISTANCE FOR THE COLLEGE'S STUDENTS. IN ADDITION, THE FOUNDATION PROVIDES SUPPORT FOR ACADEMIC AND STUDENT LIFE ENRICHMENT PROGRAMS AND OTHER INSTITUTIONAL SUPPORT.

profile · synthesized from sources

Plattsburgh College Foundation Inc. supports SUNY Plattsburgh by managing private gifts and endowment funds. It provides financial assistance to students and funds academic programs, faculty development, and student life enrichment initiatives. Established in 1963, the foundation channels contributions toward institutional priorities including scholarships, equipment, travel, and emergency student support.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $313K
    THE FOUNDATION PROVIDES SUPPORT FOR ACADEMIC DEPARTMENTS AND PROGRAMS OF THE UNIVERSITY. THE SUPPORT INCLUDES THE PURCHASE OF ACADEMIC EQUIPMENT, SUPPORT FOR SALARIES PAID BY THE UNIVERSITY, TRAVEL TO CONFERENCES AND OTHER PROFESSIONAL DEVELOPMENT ACTIVITIES AND VARIOUS OTHER ACTIVITIES THAT ENHANCE THE VIBRANCY OF THE ACADEMIC PROGRAMS OFFERED BY THE UNIVERSITY.
  2. #2 $337K
    THE FOUNDATION PROVIDES SUPPORT FOR STUDENT FOCUSED DEPARTMENTS AND PROGRAMS OF THE UNIVERSITY INCLUDING ATHLETICS, STUDENT LEADERSHIP OPPORTUNITIES AND THE LIKE. THE SUPPORT COMES IN THE FORM OF FUNDS FOR EQUIPMENT, TRAVEL, MARKETING MATERIALS, EVENTS AND ASSISTANCE TO STUDENTS IN CRISIS, AND OTHER ACTIVITIES WHICH ENRICH THE OVERALL STUDENT EXPERIENCE.
named programs · 3 · from sources

What they call their work

Academic Program Support
Provides funding for academic departments including purchase of equipment, faculty travel to conferences, professional development, and support for university-paid salaries
Student Financial Assistance
Administers scholarship funds and financial aid support for SUNY Plattsburgh students using private contributions and endowment income
Student Life Enrichment Support
Funds student-focused programs such as athletics, leadership opportunities, events, marketing materials, travel, and emergency assistance for students in crisis
activities · 1 group

What they do

  • Local High School Scholarship Programs 2 activities
    • Funding academic department support at SUNY Plattsburgh
      Provides financial support to academic departments at SUNY Plattsburgh for equipment, faculty salaries, travel, and professional development activities. This includes ongoing funding for operational and developmental needs within academic units.
    • Funding student-focused programs at SUNY Plattsburgh
      Provides financial support to student-focused programs at SUNY Plattsburgh, including athletics and leadership initiatives, covering equipment, travel, events, and emergency assistance. This funding supports both programmatic and immediate student needs.
financials · form 990 · fy2024
revenue
Total revenue$4.03M
Contributions & grants$2.16M54%
Program service revenue$00%
Investment income$1.85M46%
Other revenue$21K
expenses
Total expenses$3.35M
Program expenses92%
Admin / overhead4%
Fundraising4%
Salaries & benefits$0
Grants paid out$2.03M
Largest expense lineProfessional Fees
balance sheet
Total assets$43.42M
Cash$1.67M
Investments$37.97M
Liabilities$360K
Net assets$43.06M
Liquid reserves142.2 mo
5 years on record · 2019–2024 · YoY revenue +17.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 25
  • CATHERINE KELEHER — DIRECTOR
  • CERISE G OBERMAN — DIRECTOR
  • CHRISTINA GERARDI — DIRECTOR
  • CINDY KANSKY — DIRECTOR
  • DANIELLE KING — DIRECTOR
  • DR ALEXANDER ENYEDI — DIRECTOR
  • GARY STEVENS — DIRECTOR
  • GORDON MUIR — SECRETARY
  • HENRY CASAZZA — PRESIDENT
  • HENRY LEAVITT — DIRECTOR
  • JODY L CARPENTER — DIRECTOR
  • JOSEPH TOLLIVER — DIRECTOR
  • KALEMA GOODING — DIRECTOR
  • KATHLEEN E KIRLEIS — TREASURER
  • LAWRENCE UNREIN — DIRECTOR
  • MEGAN RENADETTE — DIRECTOR
  • MICHELE CARPENTIER — DIRECTOR
  • NEVILLE E STRUMPF — DIRECTOR
  • PETER GERNEY — FIRST VICE PRESIDENT
  • RANDALL G GILTZ — DIRECTOR
  • RICK GEOFFROY — DIRECTOR
  • ROBERT S AIRO — DIRECTOR
  • ROBERT SCHOFIELD IV ESQ — DIRECTOR
  • RONALD BRUNELL — DIRECTOR
  • THOMAS HERMES — SECOND VICE PRESIDENT
relationships · 1

Who they work with

  • State University of New York College at Plattsburgh Partner — Primary beneficiary of foundation support for academic and student life programs
strategies · 1

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.