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POTSDAM COLLEGE FOUNDATION INC

POTSDAM, NY · EIN 237088021 · Form 990 · FY2024 · NTEE B110 · Education · Medium ($1M-$10M)
revenue
$6.0M
expenses
$3.5M
net assets
$71.9M
employees
0
volunteers
43
program ratio
86%
mission · from form 990

THE MISSION OF THE POTSDAM COLLEGE FOUNDATION IS TO SECURE AND MANAGE PRIVATE FINANCIAL SUPPORT AND OTHER GIFTS THAT BUILD A SUSTAINABLE FUTURE FOR SUNY POTSDAM. THE FOUNDATION IS COMMITTED TO THE COLLEGE'S GOAL TO RECRUIT AND RETAIN STUDENTS, AND ENHANCE THEIR EXPERIENCES IN AND OUT OF THE CLASSROOM. THE FOUNDATION STEWARDS ITS RESOURCES FOR THE LONG-TERM BENEFIT OF SUNY POTSDAM WHILE ALSO PROVIDING THE MAXIMUM POSSIBLE CURRENT FINANCIAL SUPPORT TO THE COLLEGE AND ITS STUDENTS, CONSISTENT WITH THE WISHES OF THE FOUNDATION'S GENEROUS DONORS.

profile · synthesized from sources

The Potsdam College Foundation Inc. is a nonprofit organization based in Potsdam, NY, established to secure and manage private financial support and gifts for SUNY Potsdam. It supports the college’s mission by enhancing student recruitment, retention, and overall academic and extracurricular experiences. The foundation stewards donated resources to ensure long-term institutional sustainability while maximizing current financial aid and program support for students.

activities · 1 group

What they do

  • Local High School Scholarship Programs 2 activities
    • Funding student recruitment, retention, and academic experiences at SUNY Potsdam
      Provides financial support to enhance student recruitment, retention, and academic and extracurricular experiences at SUNY Potsdam.
    • Funding support for SUNY Potsdam
      Funds private financial support and other gifts for SUNY Potsdam, providing long-term and current financial resources in alignment with donor intentions.
financials · form 990 · fy2024
revenue
Total revenue$5.96M
Contributions & grants$3.06M51%
Program service revenue$442K7%
Investment income$2.44M41%
Other revenue$26K
expenses
Total expenses$3.50M
Program expenses86%
Admin / overhead2%
Fundraising13%
Salaries & benefits$0
Grants paid out$2.64M
Largest expense lineProfessional Fees
balance sheet
Total assets$71.92M
Cash$303K
Investments$70.89M
Liabilities$18K
Net assets$71.90M
Liquid reserves244.2 mo
5 years on record · 2020–2024 · YoY revenue -12.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
SUZANNE SMITH COLLEGE PRESIDENT 1 $355K
DAVID DAVIN EXECUTIVE DIRECTOR 1 $209K
GREG GARDNER FACULTY SENATE REP 1 $153K
JULIE HELENBROOK BUSINESS MANAGER 40 $123K
JESSICA PEARSON FACULTY SENATE REP 1 $105K
board members · 20
  • ADEBISI OJE — TRUSTEE
  • AMY KELLOGG — PRESIDENT
  • BROOKS WASHBURN — TRUSTEE
  • CHRISTINE HAILE — TREASURER
  • DANIEL VOCE — TRUSTEE
  • ELDON HARRIS — TRUSTEE
  • ERIN WAGNER O'BRIEN — TRUSTEE
  • GARY HIND — TRUSTEE EMERITUS
  • HENRIQUE SCHEMBRY — TRUSTEE
  • JAMES BERRIMAN — TRUSTEE
  • JOYCE YIANOUKOS — TRUSTEE
  • JUDE KIAH — TRUSTEE
  • JUSTIN SIPHER — SECRETARY
  • KADI PALMER — STUDENT GOVERNMENT REP
  • KATE GIGLIOTTI — TRUSTEE
  • KLAYTON SCHAEFER — TRUSTEE
  • LAURA WESSING — TRUSTEE
  • LYNNE BOLES — TRUSTEESHIP COMMITTEE CHAIR
  • MARJORIE CHIAFERY — TRUSTEE
  • MARK HAYMAN — TRUSTEE
relationships · 1

Who they work with

  • SUNY Potsdam Partner — Primary beneficiary of foundation's financial support and stewardship.
strategies · 2

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.