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BROOME COMMUNITY COLLEGE FOUNDATION INC
BINGHAMTON, NY · EIN 237075704 · Form 990 · FY2024 · NTEE T22Z · Philanthropy & Grantmaking · Medium ($1M-$10M) · broomeccfoundation.org
revenue
$2.3M
expenses
$3.7M
net assets
$51.1M
employees
9
volunteers
32
program ratio
79%
mission · from form 990

THE BROOME COMMUNITY COLLEGE FOUNDATION STRIVES TO BE AMONG THE MOST SUPPORTIVE COMMUNITY COLLEGE FOUNDATIONS IN THE STATE UNIVERSITY OF NEW YORK SYSTEM AND IN THE COUNTRY. WE SHALL RAISE AND ADMINISTER FUNDS AND BUILD AND MAINTAIN RELATIONSHIPS THAT (1) ASSIST NEEDY STUDENTS, (2) RECOGNIZE AND HONOR HIGH-ACHIEVING STUDENTS, (3) HELP FACULTY AND STAFF PROVIDE THE BEST INSTRUCTIONAL ENVIRONMENT POSSIBLE, AND (4) ENCOURAGE INNOVATION AND ACHIEVEMENT ON CAMPUS, ESPECIALLY WHERE GOVERNMENT FUNDS ARE EITHER UNAVAILABLE OR INSUFFICIENT.

profile · synthesized from sources

The Broome Community College Foundation supports SUNY Broome by raising and administering funds to assist students, recognize academic achievement, support faculty and staff, and foster innovation on campus. Its primary activity is providing scholarships and financial support to students at the community college in Binghamton, New York. The foundation focuses on enhancing educational access and quality where government funding is insufficient.

named programs · 1 · from sources

What they call their work

Scholarships
Provides financial assistance to needy and high-achieving students at SUNY Broome to help them afford their education
activities · 2 groups

What they do

  • Teacher & Classroom Innovation Grants 1 activity
    • Funding faculty and staff support and campus innovation
      Raises and administers funds to support faculty and staff in creating an optimal instructional environment and to encourage innovation and achievement on campus through targeted funding initiatives.
  • Local High School Scholarship Programs 1 activity
    • Funding scholarships and financial support for students
      Provides scholarships, grants, and financial assistance to students at SUNY Broome to help them afford their education, particularly when government funding is unavailable or insufficient.
financials · form 990 · fy2024
revenue
Total revenue$2.28M
Contributions & grants$1.12M49%
Program service revenue$00%
Investment income$1.16M51%
Other revenue$7K
expenses
Total expenses$3.66M
Program expenses79%
Admin / overhead12%
Fundraising8%
Salaries & benefits$765K
Grants paid out$2.59M
Largest expense lineCompensation
balance sheet
Total assets$51.54M
Cash$1.43M
Investments$44.10M
Liabilities$398K
Net assets$51.14M
Liquid reserves149.2 mo
4 years on record · 2020–2024 · YoY revenue -84.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CATHERINE R WILLIAMS EXECUTIVE DIRECTOR 38 $224K
board members · 24
  • AISHIA J MORTENSON — DIRECTOR
  • ALEX RACKETA — PRESIDENT
  • ANTHONY PANICCIA — DIRECTOR
  • ARTHUR C SMITH — DIRECTOR EMERITUS
  • DAWN YOUNG — DIRECTOR
  • DOUGLAS GARNAR — DIRECTOR
  • DR LINDA H BIEMER — DIRECTOR EMERITUS
  • DR RICHARD M ROMANO — DIRECTOR
  • DR TONY D HAWKINS — DIRECTOR
  • GERALD E KETTLE — DIRECTOR
  • GLENN R SMALL — DIRECTOR
  • KAREN ROESKE — DIRECTOR
  • KAY BOLAND — DIRECTOR
  • KENNETH H KIDDER III — TREASURER
  • LAWRENCE C ANDERSON ESQ — DIRECTOR EMERITUS
  • LEO O'CONNOR — DIRECTOR
  • LORIANNE WELCH — SECRETARY
  • MARCIA STEINBRECHER — ASSISTANT SECRETARY
  • MARGARET A TURNA — DIRECTOR EMERITUS
  • MARK PETERS — DIRECTOR
  • MARY BETH JONES — DIRECTOR
  • MARY SURDEY — DIRECTOR
  • MAUREEN D WILSON — DIRECTOR EMERITUS
  • NICOLE HUFF — VICE PRESIDENT
relationships · 1

Who they work with

  • SUNY Broome Partner — Primary institutional partner; the Foundation supports students, faculty, and programs at SUNY Broome Community College.
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.