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STATE UNIVERSITY OF NEW YORK AT ONEONTA FOUNDATION CORPORATION

ONEONTA, NY · EIN 222403203 · Form 990 · FY2024 · Large ($10M-$50M) · suny.oneonta.edu
revenue
$11.4M
expenses
$5.4M
net assets
$91.5M
employees
0
volunteers
26
program ratio
86%
mission · from form 990

TO RAISE AND ADMINISTER GIFTS AND GRANTS TO ENHANCE THE ACADEMIC STATUS OF THE UNIVERSITY THROUGH ENDOWMENTS, SCHOLARSHIPS, AND INSTITUTIONAL PROGRAMS.

profile · synthesized from sources

The STATE UNIVERSITY OF NEW YORK AT ONEONTA FOUNDATION CORPORATION supports SUNY Oneonta by raising and administering private gifts and grants to enhance academic programs, scholarships, and institutional initiatives. It provides funding for student and faculty research, campus facilities, and community engagement efforts. The foundation primarily serves students and faculty at the university in Oneonta, New York.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1.24M
    CAMPUS PROGRAMS - PROVIDE FUNDS TO ACADEMIC PROGRAMS INCLUDING THE BIOLOGICAL FIELD STATION, MILNE LIBRARY, SCIENCE DISCOVERY CENTER, AND OTHER ACTIVITIES.
  2. #2 $445K
    FUND FOR ONEONTA - PROVIDE FUNDS FOR SCHOLARSHIPS, STUDENT AND FACULTY RESEARCH AWARDS, AND CAMPUS SUPPORT.
named programs · 2 · from sources

What they call their work

Campus Programs
Funds academic initiatives including the Biological Field Station, Milne Library, and Science Discovery Center
Fund for Oneonta
Provides financial support for student scholarships, faculty and student research awards, and general campus needs
activities · 9 groups

What they do

  • Multi-Institution Scholarship Funding 2 activities
    • Awarding scholarships to students
      Provided $8.9 million in merit- and need-based scholarships during the 2024-25 academic year, supporting 91% of first-year students with financial assistance.
    • Funding student experiential learning and research
      Provides grants to support student internships, research projects, study abroad programs, and travel to academic conferences; awarded $100,000 in grants for student research and conference travel.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Administering emergency financial aid for students
      Operates a Student Emergency Fund that provides one-time grants to students facing unexpected financial hardships; distributed $50,000 in such grants during the year.
  • Regional Economic Development Initiatives 1 activity
    • Contributing to regional economic and cultural development
      Supports the local economy through employment of over 1,250 staff and enrollment of approximately 5,500 students who engage with local businesses; established the Regional Innovation Council to advance collaborative economic and cultural development projects in the Greater Oneonta region.
  • Community Festival & Event Production 1 activity
    • Hosting campus and community events
      Hosted 6,844 campus events and activities in the previous academic year and provides space, financial support, and volunteers for community educational and cultural events such as science fairs and theater productions.
  • Campus and Residential Safety Services 1 activity
    • Operating student-led public safety services
      Student-run Oneonta State Emergency Squad provides essential medical services on campus; University Police conduct 24/7 patrols using foot, bicycle, and vehicle units, operate Blue Light Emergency Phones, enforce key card access at residence halls, and manage the O-Alert emergency notification system.
  • Student-Led Community Service Programs 1 activity
    • Organizing student volunteerism and community service
      Facilitates student participation in local service through the Center for Volunteerism and Community Engagement, including events like 911 Service Day and Into the Streets; students contributed an average of 45,000 service hours annually to 98 nonprofits in Otsego County.
  • Student Career Readiness and Internship Placement 1 activity
    • Providing hands-on and service-learning opportunities
      Guarantees all students access to hands-on learning experiences prior to graduation, including service-learning integrated into academic courses and internship partnerships with local organizations.
  • University-Specific Endowment and Program Funding 1 activity
    • Supporting academic programs and campus initiatives
      Provides funding to academic programs including the Biological Field Station, Milne Library, Science Discovery Center, and other campus support initiatives as part of mission-critical institutional support.
  • Uncategorized 2 activities
    • Raising and managing foundation funds
      Raised $33 million through the "Grow Thrive Live" campaign and $6.8 million in annual gifts, increasing total foundation assets to $91.7 million by July 2025; established 34 new funds and increased donor participation significantly.
    • Supporting sustainability and environmental initiatives
      Interns in the Office of Sustainability lead food waste audits, coordinate Green Room Certifications, and organize environmental justice events on campus.
financials · form 990 · fy2024
revenue
Total revenue$11.40M
Contributions & grants$4.34M38%
Program service revenue$00%
Investment income$7.01M62%
Other revenue$49K
expenses
Total expenses$5.41M
Program expenses86%
Admin / overhead11%
Fundraising2%
Salaries & benefits$0
Grants paid out$3.33M
Largest expense lineFacilities
balance sheet
Total assets$91.69M
Cash$1.63M
Investments$83.04M
Liabilities$240K
Net assets$91.45M
Liquid reserves187.8 mo
4 years on record · 2020–2024 · YoY revenue +45.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 25
  • ALBERTO J F CARDELLE PHD — DIRECTOR (EX-OFFICIO)
  • ANDREA J CASPER MT — DIRECTOR
  • CAROL R DENSON PHD — DIRECTOR
  • CRYSTAL L WILLIAMS JD — DIRECTOR
  • DANI S SUAREZ — DIRECTOR
  • DARRYL K LINCOLN MBA MED — DIRECTOR
  • DEAN A DAVIS MA — PRESIDENT
  • DEBORAH M HAMLIN MBA — DIRECTOR
  • HARRY BRADSHAW MATTHEWS — DIRECTOR
  • JAMES A AJELLO MA — DIRECTOR
  • JANET R PERNA MBA — DIRECTOR
  • JULIE R PISCITELLO — TREASURER (EX-OFFICIO)
  • KEITH D DRAYER MBA — DIRECTOR
  • KEVIN SUCHECKI — DIRECTOR
  • LINDA D MCCANN MLS — SECRETARY
  • LISA FERRERO MBA — DIRECTOR
  • MICHAEL WILLIAMS CPA — DIRECTOR
  • MORELAND N MURRAY MBA — DIRECTOR
  • NANCY PIERCE MBA — VICE PRESIDENT
  • PAUL I PERLMAN JD — DIRECTOR
  • PAUL J ADAMO MA — EXECUTIVE DIRECTOR (EX-OFFICIO)
  • PAULA WILSON MSW — DIRECTOR
  • SEAN T DALY JD — DIRECTOR
  • SUSAN I VAN GELDER MPA — DIRECTOR
  • WILLIAM J PIETRAFACE PHD — DIRECTOR
relationships · 20

Who they work with

  • Albertina Machinery Partner — Employer of SUNY Oneonta graduate in sales management.
  • Assisted Living Facilities Partner — Partner sites for student volunteerism and community engagement activities
  • Bassett Healthcare Network Partner — Employer of SUNY Oneonta graduate in a clinical support role.
  • Center for Volunteerism and Community Engagement Partner — Collaborates to coordinate student volunteering and community service initiatives.
  • City of Oneonta Police Partner — Collaborates with UPD on coordinated safety efforts for the campus community.
  • Club Odyssey Partner — Partner organization for student volunteerism and community engagement activities
  • Community Arts Network of Oneonta Partner — Partner organization for student volunteerism and community engagement activities
  • Eighth Day Sound Systems Inc. Partner — Employer of SUNY Oneonta graduate in a live sound technical role.
  • Federal AmeriCorps Program Partner — Recognizes alumni of the federal AmeriCorps program through special admissions consideration.
  • High school counselors throughout New York State Partner — Collaborates with high school counselors to support students during the college search process through school visits and event resources.
  • New York State Police Partner — Coordinates with UPD to ensure comprehensive safety coverage for the campus community.
  • OMD USA Partner — Employer of SUNY Oneonta graduate in media planning.
  • Otsego County Sheriff's Office Partner — Works jointly with UPD to support campus safety on and off campus.
  • Perella Weinberg Partners Partner — Employer of SUNY Oneonta graduate in campus recruiting.
  • Regional Innovation Council (RIC) Coalition — Collaborative body co-established by SUNY Oneonta with representatives from business, government, education, and nonprofit sectors to support community and economic development in the Greater Oneonta region.
  • Rock the Ocean Foundation Partner — Nonprofit employer of SUNY Oneonta graduate in sustainability and event coordination.
  • STATE UNIVERSITY OF NEW YORK AT ONEONTA Partner — Primary beneficiary of foundation grants and funding for academic programs and scholarships.
  • SUNY Oneonta Government — Primary affiliated institution receiving support from the Foundation for student and academic programs.
  • SUNY Oneonta Network — State University of New York at Oneonta Foundation Corporation supports students and programs at SUNY Oneonta as part of its institutional mission.
  • YMCA Partner — Partner site for student volunteerism and community engagement activities
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.

  • Experiential Learning Integration
    methodology: experiential_learning
    By integrating experiential and applied learning into academic programs, the institution enhances student engagement, career readiness, and post-college success because direct, hands-on experiences deepen understanding and connect education to real-world goals.
  • Philanthropy-Driven Academic Advancement
    methodology: academic advancement through philanthropy
    By raising and administering private gifts and grants, the Foundation supports scholarships, endowments, and academic programs to increase access and educational quality because targeted financial resources reduce barriers and enhance institutional capacity for student success.
  • Service-Learning Pedagogy
    methodology: service-learning
    By combining community service with academic instruction and structured reflection, student learning is deepened and connected to real-world challenges because the integration reinforces course content through civic engagement and practical application.