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THE GENESEO FOUNDATION INC
GENESEO, NY · EIN 237104179 · Form 990 · FY2024 · NTEE B82Z · Education · Medium ($1M-$10M) · foundation.geneseo.edu
revenue
$6.8M
expenses
$4.0M
net assets
$58.4M
employees
3
volunteers
32
program ratio
81%
mission · from form 990

THE GENESEO FOUNDATION PROVIDES FINANCIAL SUPPORT, LEADERSHIP AND ADVOCACY TO THE COLLEGE COMMUNITY WHILE FOSTERING ENGAGEMENT TO ENHANCE THE UNIQUE GENESEO EXPERIENCE AND BUILD AN ENDOWMENT FOR THE FUTURE.

profile · synthesized from sources

The Geneseo Foundation provides financial support and advocacy for SUNY Geneseo, focusing on enhancing the educational experience through scholarships, student-faculty research, and campus life enrichment. It builds an endowment and fosters donor engagement to support current and future students. The foundation operates in Geneseo, New York, as a key philanthropic partner to the public college.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $172K
    THE GENESEO FOUNDATION PROVIDED GRANTS TOTALING $172,126. EXAMPLES INCLUDE RESEARCH AND PROFESSIONAL TRAVEL GRANTS FOR FACULTY AND STAFF AND STUDENT UNDERGRADUATE RESEARCH GRANTS.
  2. #2 $1.60M
    COLLEGE ACTIVITIES WERE SUPPORTED BY THE GENESEO FOUNDATION TO ENRICH THE QUALITY OF EDUCATIONAL PROGRAMS AND CAMPUS LIFE. EXAMPLES INCLUDE PROFESSIONAL CONFERENCES/CONVENTIONS/MEETINGS, PURCHASES OF EQUIPMENT FOR CAMPUS IMPROVEMENT PROJECTS, SUPPORT FOR SPEAKERS AND GUEST LECTURERS, MEMBERSHIP FEES, PURCHASES OF PROFESSIONAL PUBLICATIONS AND PRINTING OF CAMPUS PUBLICATIONS, NEWSLETTERS AND BROCHURES, RECEPTIONS FOR LECTURERS, INTERSHIP PRESENTATIONS, FACULTY/STUDENT AWARD PROGRAMS, AND MINORITY STUDENT PROGRAMS.
named programs · 4 · from sources

What they call their work

Campus Life Enrichment
Funds co-curricular experiences, guest lectures, campus events, faculty/staff awards, and minority student programs
Legacy and Estate Giving
Enables donors to leave a lasting impact through planned giving, including naming Geneseo as a beneficiary of retirement assets
Student Scholarships
Provides financial aid and scholarships to students with financial need, including first-generation college students
Student-Faculty Research Opportunities
Supports undergraduate research partnerships between students and faculty through grants and funding
activities · 2 groups

What they do

  • Student Organization Funding and Support 1 activity
    • Funding college programs to enrich educational and campus life
      Finances a range of college activities that enhance education and campus experience, including conferences, equipment purchases, guest speakers, publications, award programs, and minority student support initiatives.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Funding student scholarships and research opportunities for students with financial need
      Provides scholarships and supports undergraduate student research opportunities, particularly for those with financial need, through targeted grant funding.
financials · form 990 · fy2024
revenue
Total revenue$6.83M
Contributions & grants$5.81M85%
Program service revenue$274K4%
Investment income$743K11%
Other revenue$0
expenses
Total expenses$4.03M
Program expenses81%
Admin / overhead15%
Fundraising4%
Salaries & benefits$28K
Grants paid out$2.05M
Largest expense lineProfessional Fees
balance sheet
Total assets$58.55M
Cash$2.00M
Investments$52.16M
Liabilities$99K
Net assets$58.45M
Liquid reserves161.1 mo
6 years on record · 2019–2024 · YoY revenue +44.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ELLEN LEVERICH EXECUTIVE DIRECTOR (UNTIL FEB 2025) 40 $234K
board members · 24
  • ANNE I TILLINGHAST — BOARD MEMBER
  • BARBARA BILODEAU — BOARD MEMBER
  • CAROLYN CAMPBELL — EXECUTIVE DIRECTOR (BEG. FEB 2025)
  • CARY SILVERMAN — BOARD MEMBER
  • CLARE M CUSACK — VICE CHAIR
  • DAVID BULLWINKLE — BOARD MEMBER
  • DAVID E KLEIN — BOARD MEMBER
  • DENISE A BATTLES — EX-OFFICIO
  • DONNA BRESKIN — BOARD MEMBER
  • EDDIE LEE — BOARD MEMBER
  • GERALDINE MUOIO — BOARD MEMBER
  • HEIDI CANNON — BOARD MEMBER
  • JANE CLAUD — BOARD MEMBER
  • JESSICA L BLAIR — SECRETARY
  • JESSICA SAVAGE — BOARD MEMBER
  • JOHN O'MALLEY — BOARD MEMBER
  • JONNA SHUTOWICK — BOARD MEMBER
  • KATHY ACIERNO BARON — BOARD MEMBER
  • LAURIE BAKER — BOARD MEMBER
  • LOUIS SAPIRMAN — BOARD MEMBER
  • MARTIN R MISKELL — BOARD MEMBER
  • MICHAEL C BARKMAN — BOARD MEMBER
  • MOLLENE BENISON — BOARD MEMBER
  • MOLLY SMITH METZLER — BOARD MEMBER
relationships · 2

Who they work with

  • FreeWill Partner — Collaborates to provide a free online estate planning tool for donors.
  • State University of New York at Geneseo Partner — Primary partner institution receiving grant support for educational and research programs.
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.