STONY BROOK FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
STONY BROOK FOUNDATION INC (EIN 11-6077945)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-14
IRS object ID
202111349349303171
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-14T10:40:31-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN116077945EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Stony Brook Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% JASON HSUEHInCareOfNm
Business Name ControlSTONBusinessNameControlTxt
Phone6316326536PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1230 AdministrationAddressLine1Txt
CityStony BrookCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11794ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJASON W HSUEHPersonNm
Person TitleCFOPersonTitleTxt
Phone6316326536PhoneNum
Signature2021-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer Personscott thompsettPreparerPersonNm
PTINP00741490PTIN
Phone2125990100PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJASON W HSUEHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1230 AdministrationAddressLine1Txt
CityStony BrookCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11794ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$278,740,412GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.stonybrook.edu/foundation/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1965FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTo advance the mission and goals of Suny Stony brook (also referred to as Stony Brook University) by facilitating, accepting and managing philanthropic gifts.ActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI-$282,333TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$287,583NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$65,217,329PYContributionsGrantsAmt
CY Contributions Grants$54,558,793CYContributionsGrantsAmt
PY Program Service Revenue$1,533,062PYProgramServiceRevenueAmt
CY Program Service Revenue$1,410,038CYProgramServiceRevenueAmt
PY Investment Income$8,466,932PYInvestmentIncomeAmt
CY Investment Income$4,992,800CYInvestmentIncomeAmt
PY Other Revenue$758,160PYOtherRevenueAmt
CY Other Revenue$1,431,920CYOtherRevenueAmt
PY Total Revenue$75,975,483PYTotalRevenueAmt
CY Total Revenue$62,393,551CYTotalRevenueAmt
PY Grants And Similar Paid$25,632,049PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$17,391,141CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,433,400PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,520,867CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$70,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$70,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,028,332CYTotalFundraisingExpenseAmt
PY Other Expenses$22,679,202PYOtherExpensesAmt
CY Other Expenses$22,736,264CYOtherExpensesAmt
PY Total Expenses$58,814,651PYTotalExpensesAmt
CY Total Expenses$50,718,272CYTotalExpensesAmt
PY Revenues Less Expenses$17,160,832PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,675,279CYRevenuesLessExpensesAmt
Total Assets BOY$558,788,144TotalAssetsBOYAmt
Total Assets EOY$590,641,440TotalAssetsEOYAmt
Total Liabilities BOY$46,705,406TotalLiabilitiesBOYAmt
Total Liabilities EOY$56,242,895TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$512,082,738NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$534,398,545NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE STONY BROOK FOUNDATION, INC. IS A NOT-FOR-PROFIT, "NO MEMBER" CORPORATION ESTABLISHED IN 1965. SBF EXISTS TO ADVANCE THE MISSION AND GOALS OF SUNY STONY BROOK BY FACILITATING, ACCEPTING AND MANAGING PHILANTHROPIC GIFTS. (CONTINUED ON SCHEDULE O).MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$12,140,182ExpenseAmt
Grant$5,185,972GrantAmt
Revenue$0RevenueAmt
DescStony Brook Foundation provided funding to support various SUNY Stony Brook academic programs, Centers and Institutes in order to nurture academic achievement among SUNY Stony Brook students and faculty by providing funds to attract and retain exceptional faculty through the use of endowed chairs and endowed professorships, aid in curriculum enhancement as well as equip classrooms and laboratories with the latest technology.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$9,790,630ExpenseAmt
Grant$6,128,531GrantAmt
Revenue$0RevenueAmt
DescStony Brook Foundation provided SUNY Stony Brook funds for various institutional support, including but not limited to: Funding construction of cutting-edge facilities such as the Medical and Research Translation (MART) as well as substantial renovations of the current existing Stony Brook University Hospital, subsidized funding to support various SUNY Stony Brook strategic academic initiatives, and Stony Brook University departments such as Mathematics, Physics and the Turkana Basin Institute, an academic base for scientific research and training in paleontology and paleoanthropology.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$5,396,143ExpenseAmt
Grant$2,079,013GrantAmt
Revenue$0RevenueAmt
DescStony Brook Foundation Provided support to SUNY STONY BROOK IN ITS EFFORTS TO MAINTAIN THEIR REPUTATION AS A PUBLIC RESEARCH UNIVERSITY THAT THRIVES ON THE FOREFRONT OF DISCOVERY. AS SUCH, STONY BROOK FOUNDATION PROVIDES FUNDING TO SUPPORT VARIOUS AREAS OF RESEARCH INCLUDING: CANCER RESEARCH (STONY BROOK CANCER CENTER), PARKINSON DISEASE RESEARCH (THE THOMAS HARTMAN CENTER FOR PARKINSON'S RESEARCH), ENVIRONMENTAL AND SUSTAINABILITY RESEARCH (SHINNECOCK BAY RESTORATION PROGRAM), CHEMICAL BIOLOGY RESEARCH, MERCURY EXPOSURE THROUGH THE CONSUMPTION OF MARINE FISH, RESEARCH IN NEW CONJUGATED MATERIALS AND MANY OTHER VARIOUS RESEARCH EFFORTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$3,551,856$3,472,537$0Scholarships & fellowships
$1,972,335$525,088$1,458,977PUBLIC SERV., ADMIN. SUPP. & STUDENT SUPPORT
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$5,524,191TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$3,997,625TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$1,458,977TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$32,851,146TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesYes (true)GamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document589IRPDocumentCnt
IRP Document W2 G3IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryBFForeignCountryCd
Foreign CountryBDForeignCountryCd
Foreign CountryCAForeignCountryCd
Foreign CountryCJForeignCountryCd
Foreign CountryUCForeignCountryCd
Foreign CountryEIForeignCountryCd
Foreign CountrySWForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJASON HSUEHPersonNm
Phone6316326536PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1230 ADMINISTRATIONAddressLine1Txt
CityStony BrookCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11794ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Mr David Marcus
CIO37.50.0Yes (X)$384,370$0$158,194
Deborah Lowen-Klein
INTERIM VP, ADVANCEMENT37.50.0$288,615$0$118,570Yes (X)
Mr Jason W Hsueh
CFO & COO37.50.0Yes (X)$271,070$0$111,113
Jo-Ann Daniels
Director, Finance & Operations37.50.0$196,470$0$80,535Yes (X)
Ernest Baptiste
CEO OF SBUH (Thru 11/2019)0.00.0$255,399$0$0Yes (X)
Danielle Holton
ED Development, SBCH33.750.0$177,740$0$72,849Yes (X)
Tara Stenzel-Fleming
ED Corporate and FR37.50.0$175,726$0$72,118Yes (X)
DR SAMUEL L STANLEY JR
EX-OFF-TRUSTEE (Thru 07/2019)3.00.1$170,154$0$0Yes (X)
Mr Dexter A Bailey Jr
Exec Director (thru 07/2019)1.21.0Yes (X)$50,323$0$0
DR MICHAEL BERNSTEIN VOTING
EX-OFF TRUSTEE(AS OF 08/2019)3.00.1$39,231$0$0Yes (X)
Mr Richard L Gelfond
Trustee, Chair4.00.1Yes (X)$0$0$0Yes (X)
Mr David E Acker
Trustee, Vice Chair1.00.0Yes (X)$0$0$0Yes (X)
Dr Laurie Landeau
Trustee, Vice Chair1.00.0Yes (X)$0$0$0Yes (X)
Dr James H Simons
Trustee, Chair Emeritus1.00.0Yes (X)$0$0$0Yes (X)
Mr Cary F Staller
Trustee, Secretary1.01.0Yes (X)$0$0$0Yes (X)
Dr Nancy Rauch Douzinas
Trustee, Treasurer1.00.0Yes (X)$0$0$0Yes (X)
Dr Ashvin B Chhabra
TRUSTEE0.50.0$0$0$0Yes (X)
Dr Barry S Coller
Trustee0.50.0$0$0$0Yes (X)
Mr Guy-Max Delphin
Trustee0.50.1$0$0$0Yes (X)
Mr Barry M Fox Esq
Trustee0.50.1$0$0$0Yes (X)
Mr Stuart D Goldstein
Trustee0.50.1$0$0$0Yes (X)
MS KAREN KEOGH
Trustee0.50.0$0$0$0Yes (X)
MR WILLIAM L KNAPP
Trustee0.50.0$0$0$0Yes (X)
DR HENRY B LAUFER
Trustee0.50.0$0$0$0Yes (X)
MS DOROTHY LICHTENSTEIN
Trustee0.50.0$0$0$0Yes (X)
DR ROBERT LOURIE
Trustee0.50.0$0$0$0Yes (X)
DR NIRMAL MATTOO
Trustee0.50.0$0$0$0Yes (X)
MR RICHARD T NASTI ESQ
trustee0.50.1$0$0$0Yes (X)
MR BERNARDO PIQET
TRUSTEE (AS OF 06/2020)0.50.0$0$0$0Yes (X)
MS CAROLINE RITTER
Trustee0.50.1$0$0$0Yes (X)
MR RUSSELL SHEPARD
TRUSTEE0.50.0$0$0$0Yes (X)
MR LEONARD A SPIVAK ESQ
Trustee (Thru 08/2019)0.50.0$0$0$0Yes (X)
MRS SUSAN STEINHARDT ESQ
Trustee0.50.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,009,098TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$613,379TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (true)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Investment Manager CO SBF
230 AdministrationSTONY BROOKNY11794Investment Mgmt$1,332,354
Blue State Digital Inc
62187 Collections Center DriveCHICAGOIL60693Digital$1,109,174
Investment Manager Co SBF
230 AdministrationSTONY BROOKNY11794Investment Mgmt$1,025,047
Investment Manager CO SBF
230 AdministrationSTONY BROOKNY11794investment mgmt$559,979
Investment Manager Co SBF
230 AdministrationSTONY BROOKNY11794investment mgmt$525,769
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K28CntrctRcvdGreaterThan100KCnt
Membership Dues$251,275MembershipDuesAmt
Fundraising$452,025FundraisingAmt
All Other Contributions$53,855,493AllOtherContributionsAmt
Noncash Contributions$4,248,775NoncashContributionsAmt
Total Contributions$54,558,793TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONTRACTUAL AGENCY FEESDesc
Business711300BusinessCd
Total Revenue Column$1,410,038TotalRevenueColumnAmt
Related Or Exempt Func Income$1,410,038RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,410,038TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,335,337TotalRevenueColumnAmt
Unrelated Business Revenue-$282,333UnrelatedBusinessRevenueAmt
Exclusion$1,617,670ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,908TotalRevenueColumnAmt
Exclusion$120,908ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$293,605RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$293,605RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$293,605TotalRevenueColumnAmt
Exclusion$293,605ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$219,667,872SecuritiesAmt
Other$25,200OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$216,003,609SecuritiesAmt
Other$32,000OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,664,263SecuritiesAmt
Other-$6,800OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,657,463TotalRevenueColumnAmt
Exclusion$3,657,463ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$148,146FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$452,025ContriRptFundraisingEventAmt
Fundraising Direct Expenses$296,983FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$148,837TotalRevenueColumnAmt
Exclusion-$148,837ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$29,705GamingGrossIncomeAmt
Gaming Direct Expenses$1,589GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,116TotalRevenueColumnAmt
Exclusion$28,116ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$18,169GrossSalesOfInventoryAmt
Cost Of Goods Sold$12,680CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,489TotalRevenueColumnAmt
Exclusion$5,489ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONTRACTED SERVICES900099$762,593$762,593
MUSEUM ADMISSION TO THE PK HOUSE900099$48,939$48,939
MISCELLANEOUS REVENUE900099$321,107$321,107
FieldValueIRS element (for citing)
Other Revenue Total$1,132,639OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$62,393,551TotalRevenueColumnAmt
Related Or Exempt Func Income$1,458,977RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$282,333UnrelatedBusinessRevenueAmt
Exclusion$6,658,114ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,528,125TotalAmt
Program Services$10,528,125ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,967,474TotalAmt
Program Services$3,967,474ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$2,895,542TotalAmt
Program Services$2,895,542ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,121,045TotalAmt
Program Services$724,773ProgramServicesAmt
Management And General$396,041ManagementAndGeneralAmt
Fundraising$231FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,935,618TotalAmt
Program Services$3,342,418ProgramServicesAmt
Management And General$2,134,483ManagementAndGeneralAmt
Fundraising$1,458,717FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,401,881TotalAmt
Program Services$894,696ProgramServicesAmt
Management And General$894,427ManagementAndGeneralAmt
Fundraising$612,758FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$62,323TotalAmt
Program Services$62,323ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$117,764TotalAmt
Management And General$117,764ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$127,900TotalAmt
Management And General$127,900ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$60,000TotalAmt
Program Services$60,000ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$70,000TotalAmt
Fundraising$70,000FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$9,636,287TotalAmt
Management And General$9,636,287ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,293,502TotalAmt
Program Services$3,135,813ProgramServicesAmt
Management And General$279,142ManagementAndGeneralAmt
Fundraising$878,547FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$439,472TotalAmt
Program Services$381,322ProgramServicesAmt
Fundraising$58,150FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,424,590TotalAmt
Program Services$1,003,486ProgramServicesAmt
Management And General$40,911ManagementAndGeneralAmt
Fundraising$380,193FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$654,868TotalAmt
Program Services$283,627ProgramServicesAmt
Management And General$17,588ManagementAndGeneralAmt
Fundraising$353,653FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$29TotalAmt
Program Services$29ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$588,366TotalAmt
Program Services$523,079ProgramServicesAmt
Management And General$63,452ManagementAndGeneralAmt
Fundraising$1,835FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,254,010TotalAmt
Program Services$1,210,121ProgramServicesAmt
Management And General$5,619ManagementAndGeneralAmt
Fundraising$38,270FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,440,354TotalAmt
Program Services$1,309,843ProgramServicesAmt
Management And General$5,467ManagementAndGeneralAmt
Fundraising$125,044FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$6,641TotalAmt
Program Services$6,641ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$237,917TotalAmt
Program Services$231,704ProgramServicesAmt
Management And General$6,213ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$142,224TotalAmt
Program Services$68,310ProgramServicesAmt
Management And General$73,914ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EQUIPMENT AND RENTALS$1,648,917$1,609,462$32,720$6,735
REPAIRS AND MAINTENANCE$420,355$396,027$2,028$22,300
MEMBERSHIP & DUES$171,628$159,292$895$11,441
.$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$71,440TotalAmt
Program Services$57,039ProgramServicesAmt
Management And General$3,943ManagementAndGeneralAmt
Fundraising$10,458FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$50,718,272TotalAmt
Program Services$32,851,146ProgramServicesAmt
Management And General$13,838,794ManagementAndGeneralAmt
Fundraising$4,028,332FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,339,112BOYAmt
EOY$25,461,208EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$35,612,048BOYAmt
EOY$62,774,595EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$105,400,440BOYAmt
EOY$98,931,529EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$256,066BOYAmt
EOY$486,497EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$268,432BOYAmt
EOY$168,434EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$23,420BOYAmt
EOY$21,250EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$751,960BOYAmt
EOY$935,913EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,973,281LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,799,923LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,268,923BOYAmt
EOY$11,173,358EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$77,974,518BOYAmt
EOY$62,063,943EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$307,893,225BOYAmt
EOY$325,699,971EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$3,000,000BOYAmt
EOY$2,924,742EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$558,788,144BOYAmt
EOY$590,641,440EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,032,411BOYAmt
EOY$4,982,380EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$80,556BOYAmt
EOY$77,966EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$37,636,602BOYAmt
EOY$48,884,761EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$382,615BOYAmt
EOY$63,765EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$573,222BOYAmt
EOY$2,234,023EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$46,705,406BOYAmt
EOY$56,242,895EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$41,231,148BOYAmt
EOY$40,682,551EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$470,851,590BOYAmt
EOY$493,715,994EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$512,082,738BOYAmt
EOY$534,398,545EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$558,788,144BOYAmt
EOY$590,641,440EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$11,675,279ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$10,450,126NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$190,402PriorPeriodAdjustmentsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,531,605CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$62,350,041CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,869,092CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$65,217,329CurrentTaxYearMinus1YearAmt
Current Tax Year$54,558,793CurrentTaxYearAmt
Total$290,526,860TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,531,605CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$62,350,041CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,869,092CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$65,217,329CurrentTaxYearMinus1YearAmt
Current Tax Year$54,558,793CurrentTaxYearAmt
Total$290,526,860TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$114,314,678SubstantialContributorsTotAmt
Public Support Total170$176,212,182PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,391,425CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,549,797CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,004,637CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,084,723CurrentTaxYearMinus1YearAmt
Current Tax Year$1,749,850CurrentTaxYearAmt
Total$8,780,432TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,465,060CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$351,184CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$171,562CurrentTaxYearMinus2YearsAmt
Total$1,987,806TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,861,894CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,672,081CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,369,666CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$966,343CurrentTaxYearMinus1YearAmt
Current Tax Year$1,279,720CurrentTaxYearAmt
Total$8,149,704TotalAmt
FieldValueIRS element (for citing)
Total Support$309,444,802TotalSupportAmt
Gross Receipts Rltd Activities$9,928,147GrossReceiptsRltdActivitiesAmt
Public Support CY1700.56945PublicSupportCY170Pct
Public Support PY1700.61529PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$60,000FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$60,000FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$50,658,272FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$50,718,272FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
FieldValueIRS element (for citing)
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$120,000CurrentYearMinus3Amt
Current Year Minus2$60,000CurrentYearMinus2Amt
Current Year Minus1$60,000CurrentYearMinus1Amt
Current Year$60,000CurrentYearAmt
Total$300,000TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-A, Line 1(B)FormAndLineReferenceDesc
ExplanationThe Foundation does not engage in any direct lobbying activity itself; the foundation hires AN outside lobbying consultant to advocate on behalf of educational and budget issues impacting Stony Brook University.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$150,001RevenuesIncludedAmt
Assets Included$7,004,618AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$265,806,703BeginningYearBalanceAmt
Contributions$21,065,306ContributionsAmt
Investment Earnings Or Losses$3,751,752InvestmentEarningsOrLossesAmt
Other Expenditures$9,656,291OtherExpendituresAmt
Administrative Expenses$1,636,195AdministrativeExpensesAmt
End Year Balance$279,331,275EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$244,955,670BeginningYearBalanceAmt
Contributions$17,716,212ContributionsAmt
Investment Earnings Or Losses$22,532,062InvestmentEarningsOrLossesAmt
Other Expenditures$11,988,894OtherExpendituresAmt
Administrative Expenses$7,408,347AdministrativeExpensesAmt
End Year Balance$265,806,703EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$233,966,854BeginningYearBalanceAmt
Contributions$8,032,140ContributionsAmt
Investment Earnings Or Losses$21,666,546InvestmentEarningsOrLossesAmt
Other Expenditures$11,077,413OtherExpendituresAmt
Administrative Expenses$7,632,457AdministrativeExpensesAmt
End Year Balance$244,955,670EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$219,656,875BeginningYearBalanceAmt
Contributions$12,982,642ContributionsAmt
Investment Earnings Or Losses$19,444,388InvestmentEarningsOrLossesAmt
Other Expenditures$10,134,900OtherExpendituresAmt
Administrative Expenses$7,982,151AdministrativeExpensesAmt
End Year Balance$233,966,854EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$207,914,116BeginningYearBalanceAmt
Contributions$18,280,843ContributionsAmt
Investment Earnings Or Losses$9,985,414InvestmentEarningsOrLossesAmt
Other Expenditures$11,064,534OtherExpendituresAmt
Administrative Expenses$5,458,964AdministrativeExpensesAmt
End Year Balance$219,656,875EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05230BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.71180PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.23590TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,090,854OtherCostOrOtherBasisAmt
Book Value$1,090,854BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,799,408OtherCostOrOtherBasisAmt
Depreciation$3,262,101DepreciationAmt
Book Value$3,537,307BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$160,615OtherCostOrOtherBasisAmt
Depreciation$136,753DepreciationAmt
Book Value$23,862BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,922,404OtherCostOrOtherBasisAmt
Depreciation$401,069DepreciationAmt
Book Value$6,521,335BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,173,358TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS IN US EQUITY FUNDS$121,799,707F
INVESTMENTS IN MULTI-STRATEGY$80,121,780F
INVESTMENTS IN PRIVATE EQUITY$75,888,764F
INVESTMENTS IN GLOBAL EQUITY$46,952,714F
INVESTMENTS IN DIVERSIFIED FIX$837,006F
OTHER LONG-TERM INVESTMENTS$100,000
FieldValueIRS element (for citing)
Total Book Value Securities$325,699,971TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ANNUITIES PAYABLE$809,977
PAYCHECK PROTECTION PGRM FORGIVABLE LOAN$1,424,046
FieldValueIRS element (for citing)
Total Liability$2,234,023TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$63,518,280TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$10,450,126NetUnrealizedGainsInvstAmt
Revenue Not Reported$10,450,126RevenueNotReportedAmt
Revenue Subtotal$53,068,154RevenueSubtotalAmt
Investment Expenses Not Incld$9,636,149InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$310,752OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$9,325,397RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$62,393,551TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$41,202,472TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$310,752OtherExpensesIncludedAmt
Expenses Not Reported$310,752ExpensesNotReportedAmt
Expenses Subtotal$40,891,720ExpensesSubtotalAmt
Investment Expenses Not Incld2$9,636,149InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$190,403OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$9,826,552ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$50,718,272TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ORGANIZATIONS COLLECTIONS OF ART, HISTORICAL TREASURES OR OTHER ASSETSSCHEDULE D, Part III, Line 4 The foundation owns the Pollock-krasner house and study center. The center operates as a museum and library. The extensive research collections developed at the center attract scholars, students and researchers from around the world. The United States department of the interior has designated it as a national historic landmark. The foundation also owns various books, photographs, journal collections, and fine arts used to further the mission of suny stony brook by nurturing academic instruction, research, library and public service.
ESCROW AND CUSTODIAL ARRANGEMENTSSCHEDULE D, Part IV, Line 2b The foundation holds funds as a trustee/disbursing agent for auxiliary agencies of stony brook university, which amounted to $48,884,761 as of June 30, 2020. Such amounts are included in cash and cash equivalents and other investments in the accompanying combined statements of financial position. The foundation charges fees to these agencies for administrative costs, which amounted to $1,410,038 for fiscal year 2020, which is included in contracts and other support in the combined statement of activities.
ENDOWMENT FUNDSSCHEDULE D, Part V, Line 4 The Foundation's endowment is intended to subsidize its charitable mission of supporting Stony Brook University's educational programs. Although the Foundations adopted policies allow for the appropriation for expenditure of the principal of endowment funds in certain cases where doing so is deemed prudent, the Foundation generally leaves the endowment assets untouched, while using investment income to fund various charitable programs and initiatives.
ASC 740 FOOTNOTESCHEDULE D, Part X, Line 2 The Foundation follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The Foundation is exempt from federal income tax under IRC section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Foundation has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The Foundation has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.
RECONCILIATION OF REVENUE WITH AFSSCHEDULE D, Part XI, Line 4b Special Events Expenses Reclassed to Revenue $(296,983) COGS Expenses Reclassed to Revenue (12,180) Gaming Expenses Related to fundraising Activities reclassed to revenue (1,589) ---------- Total $(310,752) ==========
RECONCILIATION OF EXPENSES WITH AFSSCHEDULE D, Part XII, Line 2d Special Events Expenses Reclassed to Revenue $296,983 COGS Expenses Reclassed to Revenue 12,180 Gaming Expense Related to fundraising activities reclassed to revenue 1,589 ---------- Total $310,752 ========== SCHEDULE D, Part XII, Line 4b Prior Year Grant Refund $(190,403) Total $(190,403) ==========

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Sub-Saharan AfricaGrantmaking$2,722,383
Europe (Including Iceland and Greenland)Grantmaking$2,000
East Asia and the PacificGrantmaking$10,000
South AmericaGrantmaking$15,518
Europe (Including Iceland and Greenland)Program Services$3,732Education & Training
Middle East and North AfricaProgram Services$6,722Education & Training
South AmericaProgram Services$2,065Education & Training
South AsiaProgram Services$3,000Education & Training
Sub-Saharan AfricaProgram Services$63,049Education & Training
East Asia and the PacificProgram Services$3,216Research
South AmericaProgram Services$10,185Research
South AsiaProgram Services$5,453Research
Europe (Including Iceland and Greenland)Program Services$11,242Research
Sub-Saharan AfricaProgram Services$36,977Research
Sub-Saharan AfricaInvestments$2,924,742Program Related Loan
Central America and the CaribbeanInvestments$187,981,200
North AmericaInvestments$2,683,203
FieldValueIRS element (for citing)
Subtotal Spent$196,484,687SubtotalSpentAmt
Total Spent$196,484,687TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (7 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
Sub-Saharan Africageneral SUPPORT$236,418wire
Middle East and North AfricaGeneral Support$6,722WIRE
Sub-Saharan AfricaOperations$2,549,969wire
South AmericaGENERAL SUPPORT$15,518WIRE
Europe (Including Iceland and Greenland)OPERATIONS$7,955WIRE
East Asia and the PacificSupport News Literacy$10,000WIRE
South AsiaOPERATIONS$5,453WIRE
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org8TotalOtherOrgCnt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS OUTSIDE U.S.SCHEDULE F, Part I, Line 2 The foundation makes grants outside of the U.S. only to organizations affiliated with stony brook university. In the case of a grant from funds of the foundation designated for a particular purpose, the designated account manager submits a requisition for the grant, together with supporting documentation, to the foundation's procurement department. A detailed justification for the grant is required, including the purpose of the grant. The grant request is reviewed, including for compliance with the terms of instrument designating the funds for a particular purpose, and approved. In the case of a request for more than $5,000, review, approval and manual check signature by the foundation's business office is required. In the case of grants from the foundation's unrestricted funds, a grantee submits a request, together with supporting documentation. A detailed justification for the grant is required, including the purpose of the grant. The budget committee, together with the foundation's executive director, reviews and approves grant request from the foundation's unrestricted funds. In all cases, at the end of the grant term, a final report regarding the use of the grant funds is submitted by the grantee to the foundation.
FOREIGN FORMSSchedule F, Part IV Stony Brook Foundation, Inc. INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT, LIKEWISE, INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, THE FOUNDATIONS INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT THE FOUNDATION IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, IT IS FILED WITH THE Foundation's FORM 990-T FILING.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonEvent Associates Inc 162 W 56thPersonNm
ActivityFUNDRAISING EVENTActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$2,187,600GrossReceiptsAmt
Retained By Contractor$70,000RetainedByContractorAmt
Net To Organization$2,117,600NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$2,187,600TotalGrossReceiptsAmt
Total Retained By Contractors$70,000TotalRetainedByContractorsAmt
Total Net To Organization$2,117,600TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1LISVH Golf Out.Event1Nm
Gross Receipts Event1$130,414GrossReceiptsEvent1Amt
Charitable Contri Event1$105,139CharitableContriEvent1Amt
Gross Revenue Event1$25,275GrossRevenueEvent1Amt
Food And Beverage Event1$22,662FoodAndBeverageEvent1Amt
Entertainment Event1$23,521EntertainmentEvent1Amt
Other Direct Expenses Event1$21,065OtherDirectExpensesEvent1Amt
Event2Staller GalaEvent2Nm
Gross Receipts Event2$107,310GrossReceiptsEvent2Amt
Charitable Contri Event2$80,230CharitableContriEvent2Amt
Gross Revenue Event2$27,080GrossRevenueEvent2Amt
Food And Beverage Event2$27,184FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$40,000OtherDirectExpensesEvent2Amt
Other Events Total14OtherEventsTotalCnt
Gross Receipts Other Events$362,447GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$266,656CharitableContriOtherEventsAmt
Gross Revenue Other Events$95,791GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$3,254NonCashPrizesOtherEventsAmt
Food And Beverage Other Events$62,407FoodAndBeverageOtherEventsAmt
Entertainment Other Events$58,397EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$38,493OthDirectExpnssOtherEventsAmt
Gross Receipts Total$600,171GrossReceiptsTotalAmt
Charitable Contributions Tot$452,025CharitableContributionsTotAmt
Gross Revenue Total Events$148,146GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$3,254NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$112,253FoodAndBeverageTotalEventsAmt
Entertainment Total Events$81,918EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$99,558OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$296,983DirectExpenseSummaryEventsAmt
Net Income Summary-$148,837NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Gross Revenue Other Gaming$29,705GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$1,300CashPrizesOtherGamingAmt
Oth Direct Expnss Other Gaming$289OthDirectExpnssOtherGamingAmt
Volunteer Labor Other GamingfalseVolunteerLaborOtherGamingInd
Gross Revenue Total Gaming$29,705GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$1,300CashPrizesTotalGamingAmt
Oth Direct Expnss Total Gaming$289OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$1,589DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$28,116NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedNYStatesWhereGamingConductedCd
LicensedYes (true)LicensedInd
License Suspended EtcfalseLicenseSuspendedEtcInd
Gaming With NonmembersfalseGamingWithNonmembersInd
Member Of Other EntityfalseMemberOfOtherEntityInd
Gaming Own Facility1.00000GamingOwnFacilityPct
Individual With BooksJo-Ann DanielsIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1230 Administration BldgAddressLine1Txt
CityStony BrookCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11794ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game RevfalseCntrctWith3rdPrtyForGameRevInd
Gaming Manager PersonJonathan SpierGamingManagerPersonNm
Gaming Manager Compensation$0GamingManagerCompensationAmt
Gaming Manager Services ProvMember in ChargeGamingManagerServicesProvTxt
Gaming Manager Is EmployeeYes (X)GamingManagerIsEmployeeInd
Charitable Distribution RqrfalseCharitableDistributionRqrInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGAMING MANAGER INFORMATIONFormAndLineReferenceDesc
ExplanationSchedule G, PART III, line 16 The individual in charge of overseeing the Foundation's FUNDRAISING gaming activities is not compensated for that job responsibility; he undertakes this role as part of his ordinary business endeavors.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
RESEARCH FOUNDATION - STONY BROOK UNIV
S5422 FRANK MELVILLEStony BrookNY11794141368361501(C)(3)$1,352,799Research Awards
STONY BROOK UNIVERSITY OFFICE
261 ADMIN BLDGStony BrookNY11794146013200GOVERNMENT$7,802,406Educational Support$958,752BookEquipment
ALUMNI ASSOC OF THE StUNIV OF NY at stony brook
1315 FM JRMEMLIBRStony BrookNY11794510160098501(C)(3)$21,000Operation Support
FACULTY STUDENT ASSOCIATION
W SIDE DINING FL 2Stony BrookNY11794111986378501(C)(3)$37,170Educational Support
NEUROLOGY ASSOCIATES OF STONY BROOK UFPC
PO BOX 1554STONY BROOKNY11790112587430501(C)(3)$325,000EDUCATIONAL SUPPORT
SIGMACAMP INC
68 UPPER SHEEP PASTUREE SETAUKETNY11733462782877501(C)(3)$15,000EDUCATIONAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
ACADEMIC STIPENDS AND GRADUATE STUDENT FELLOWSHIPS190$724,790
Academic Prizes and Awards567$334,105$15,929BookEducational Support
Student Aid1453$1,221,322$1,764BookEducational Support
Scholarships899$1,669,564

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS IN U.S.FormAndLineReferenceDesc
ExplanationSCHEDULE I, PART I, LINE 2 When the Foundation issues grants from funds with a purpose restriction, the designated account manager submits a requisition for the grant, together with supporting documentation, to the foundation's procurement department. A detailed justification for the grant is required, including the purpose of the grant. The grant request is reviewed, including for compliance with the terms of instrument designating the funds for a particular purpose, and approved. When the Foundation issues a grant for more than $5,000, Review, approval and manual check signature by the foundation's business office is required. When the Foundation issues a grant from unrestricted funds, A grantee submits a request, Together with supporting documentation. A detailed justification for the grant or direct payment, As applicable, is required including the purpose of the grant or direct payment, As applicable. The budget committee, together with the foundation's executive director, reviews and approves requests from the foundation's unrestricted funds. Depending on the type of grant and the grant recipient, at the end of the grant term, a final report regarding the use of the grant funds is submitted by the grantee to the foundation. In lieu of making grant payments, the foundation may pay expenses directly on behalf of a grantee. For the academic prizes and awards, the funds are distributed incrementally, and the increments shall be based on business plan milestones and/or other benchmarks identified by the Committee.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredfalseSubstantiationRequiredInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt
DR SAMUEL L STANLEY JR
EX-OFF-TRUSTEE (Thru 07/2019)$170,154$0$0$0$0$0$0$0$170,154$0$0$0
Mr Jason W Hsueh
CFO & COO$271,070$0$0$0$0$0$0$0$382,183$0$0$0$0$111,113
Mr David Marcus
CIO$354,370$0$30,000$0$0$0$0$0$542,564$0$0$0$0$158,194
Jo-Ann Daniels
Director, Finance & Operations$196,470$0$0$0$0$0$0$0$277,005$0$0$0$0$80,535
Ernest Baptiste
CEO OF SBUH (Thru 11/2019)$188,462$0$66,937$0$0$0$0$0$255,399$0$0$0$0$0
Deborah Lowen-Klein
INTERIM VP, ADVANCEMENT$288,615$0$0$0$0$0$0$0$407,185$0$0$0$0$118,570
Danielle Holton
ED Development, SBCH$177,740$0$0$0$0$0$0$0$250,589$0$0$0$0$72,849
Tara Stenzel-Fleming
ED Corporate and FR$175,726$0$0$0$0$0$0$0$247,844$0$0$0$0$72,118

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceHOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USEFormAndLineReferenceDesc
ExplanationSCHEDULE J, PART I, LINE 1A Stony Brook University's Director of the Simons Center for Geometry & Physics resides at a Stony Brook Foundation property rent & expense free. The fair market value of residing at the property is included in taxable income on his SBF form W-2. The Director of the Simons Center for Geometry no longer meets the requirement for disclosure on the Foundations Form 990; nevertheless, the Foundation is retaining this disclosure in the interests of transparency. METHOD OF ESTABLISHING COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR SCHEDULE J, PART I, LINE 3 Stony Brook Foundation's EXECUTIVE DIRECTOR IS A STATE UNIVERSITY EMPLOYEE, AND AS SUCH, THE STATE (AN UNRELATED GOVERNMENT ENTITY) DETERMINES APPROPRIATE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND REQUESTS THAT THE FOUNDATION AGREE TO BEAR A PORTION OF THE COMPENSATION. THE FOUNDATION'S BOARD RELIES ON THE STATE'S DETERMINATION OF APPROPRIATE OVERALL COMPENSATION FOR THE EXECUTIVE DIRECTOR AND DETERMINES WHETHER TO APPROVE PAYMENT OF A PORTION OF THE COMPENSATION BY THE FOUNDATION. ACCORDINGLY, SINCE THE FOUNDATION DOES NOT ESTABLISH THE EXECUTIVE DIRECTOR'S COMPENSATION, FORM 990, SCHEDULE J, QUESTION 3 IS LEFT BLANK. NON-FIXED PAYMENTS SCHEDULE J, PART I, LINE 7 Former CEO of Stony Brook University Hospital, Ernest Baptiste, received a bonus in calendar year 2019 that contained discretionary elements based on his meeting certain performance-based goals. The Bonus was authorized by the Stony Brook University Hospital Senior Vice President for Health Sciences and ultimately approved and paid by the Stony Brook Foundation.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Dr James SimonsHenry Laufer
Board members/Substantial Contributors$45,814,569Investments Heldfalse
Dr James SimonsHenry Laufer
Board members/Substantial Contributors$703,677Investment Feesfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceBUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationSchedule L, Part IV The Foundation holds investments with an investment firm where Board of Trustees members, Dr. James Simons and Henry B. Laufer have an ownership interest and where they both sit on the Board of Directors. The value of the Foundations holdings with the firm is $45,814,569; for the year ending June 30, 2020, the Foundation paid the investment firm $703,677 in investment management fees.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution16ContributionCnt
Noncash Contributions Rpt F990$150,001NoncashContributionsRptF990Amt
Method Of Determining RevenuesappraisalMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution154ContributionCnt
Noncash Contributions Rpt F990$4,096,684NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescsuppliesDesc
Contribution26ContributionCnt
Noncash Contributions Rpt F990$2,090NoncashContributionsRptF990Amt
Method Of Determining RevenuesfmvMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSch M, Part I, Line 9FormAndLineReferenceDesc
ExplanationIn the year ending June 30, 2020, the Foundation received $3,098,488 in stock donations in satisfaction of prior year pledge payments. Third Party Assistance of Noncash Contributions Sch M, Part I, Line 32b TO THE EXTENT THE FOUNDATION RECEIVES DONATIONS OF SECURITIES, IT EMPLOYS ITS OWN INVESTMENT BROKER TO LIQUIDATE THOSE SECURITIES INTO CASH FOR USE IN CARRYING OUT ITS CHARITABLE mission. Occasionally, the Foundation receives unique non-cash donations (e.g. of boats, etc); in those instances, the Foundation uses a third party vendor to dispose of the assets. In fiscal 2020, the Foundation received a contribution of artwork that it has added to its collection of art it shares with the general public for its appreciation and enjoyment.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
GENERAL STATEMENT REGARDING THE COVID-19 PANDEMICIN MARCH 2020, THE WORLD HEALTH ORGANIZATION OFFICIALLY DECLARED COVID-19, A DISEASE CAUSED BY THE NOVEL CORONAVIRUS, A PANDEMIC. THIS CAUSED MANY LOCAL AND NATIONAL GOVERNMENTS, INCLUDING THE NEW YORK STATE, TO IMPOSE RESTRICTIONS ON BUSINESS OPERATIONS, TRAVEL AND PUBLIC GATHERINGS. THE OUTBREAK HAS ADVERSELY IMPACTED THE LEVEL OF ECONOMIC ACTIVITY AROUND THE WORLD AND DISRUPTED NORMAL BUSINESS ACTIVITY IN EVERY SECTOR OF THE ECONOMY. THE FULL IMPACT OF THE COVID-19 OUTBREAK CONTINUES TO EVOLVE AS OF THE DATE OF THIS REPORT. EXTERNAL FACTORS, INCLUDING THE DURATION AND INTENSITY OF THE PANDEMIC, THE SHAPE OF THE ECONOMIC RECOVERY AND ITS IMPACT ON POTENTIAL GOVERNMENT FUNDING, AS WELL AS TIMING AND WIDESPREAD ADOPTION OF VACCINES, COULD HAVE AN IMPACT ON THE ORGANIZATION'S FUTURE OPERATING AND PROGRAMMATIC RESULTS. AMOUNTS REPORTED ON LINE 15 FORM 990, PART I, LINE 15 Salaries, other compensation, AND employee benefits are comprised of support for campus programs, administrative offices and fundraising offices. For fiscal year 2020, the total support of $10,520,867 includes $5,024,210 related to campus programs, $3,424,951 related to administrative offices and $2,071,706 related to fundraising offices. organization's mission continued form 990, part iii, line 1 THE PURPOSES OF THE FOUNDATION ARE AS FOLLOWS: A. TO ASSIST IN DEVELOPING AND INCREASING THE RESOURCES OF THE STATE UNIVERSITY OF NEW YORK AT STONY BROOK ("STONY BROOK UNIVERSITY") IN ORDER TO PROVIDE MORE EXTENSIVE EDUCATIONAL OPPORTUNITIES AND SERVICES BY MAKING AND ENCOURAGING GIFTS, GRANTS, CONTRIBUTIONS AND DONATIONS OF REAL AND PERSONAL PROPERTY TO OR FOR THE BENEFIT OF STONY BROOK UNIVERSITY. B. TO RECEIVE, HOLD, ADMINISTER AND DISPOSE OF GIFTS AND GRANTS, AND TO ACT WITHOUT PROFIT AS TRUSTEE OF EDUCATIONAL OR CHARITABLE TRUSTS OF BENEFIT TO AND IN KEEPING WITH THE EDUCATIONAL PURPOSES AND OBJECTIVES OF STONY BROOK UNIVERSITY. C. TO FINANCE THE CONDUCT OF STUDIES AND RESEARCH OF ANY AND ALL FIELDS OF INTELLECTUAL INQUIRY OF BENEFIT TO AND IN KEEPING WITH THE EDUCATIONAL PURPOSES AND OBJECTIVES OF STONY BROOK UNIVERSITY AND/OR ITS CONSTITUENT SCHOOLS, AND TO ENTER INTO CONTRACTUAL RELATIONSHIPS APPROPRIATE TO THE PURPOSES OF THE FOUNDATION. D. TO GRANT AND/OR ADMINISTER SCHOLARSHIPS AND FELLOWSHIPS AND TO ENGAGE IN EXPERIMENTAL EDUCATION ACTIVITIES AND RESEARCH PROJECTS. Other Program Services Form 990, Part III, line 4d Education Stony Brook Foundation provided various student financial support to SUNY Stony Brook as well as to SUNY Stony Brooks students to assist in their effort of delivering a world-class education at a remarkably affordable price and to keep recruiting the best young minds and future leaders from across the socioeconomic spectrum. Public Serv., Admin. Supp. & Student Support Stony Brook Foundation also aids in SUNY Stony Brook's firm commitment to providing a dedicated educational and social support system that enables all their students to thrive, by providing funding to improve student, administrative and public services across SUNY Stony Brook. Delegation of AUTHORITY Form 990, part VI, section A, line 1 The following committees of the Foundation's Board of Trustees have been delegated authority by the Board of Trustees. The Foundation's executive committee has all the power and authority of the Foundation'S Board ("Board") when the Board is not in session, except for the authority to fill vacancies on the board or any board committee, fix, if any, compensation for board trustees (none is presently paid) including any board committees, to amend, repeal or adopt new foundation bylaws, TO ELECT OR REMOVE ANY OFFICER OR TRUSTEE, TO APPROVE ANY PLAN OF MERGER OR DISSOLUTION, TO AUTHORIZE THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION OR TO APPROVE AMENDMENTS TO THE FOUNDATION'S CERTIFICATE OF INCORPORATION. The Executive committee will also carry out any other responsibilities and duties delegated to it FROM the Board from time to time. The executive committee is obligated to report its activities and decisions at the next regularly-scheduled meeting of the full board. The foundation's audit committee is responsible for overseeing the foundation's accounting and financial reporting processes, administering the foundation's conflict of interest and whistleblower policies, and procurement or termination and overseeing the foundation's trusteesofficers' insurance coverage. THE AUDIT COMMITTEE IS OBLIGATED TO report ITS ACTIVITIES AND DECISIONS AT THE NEXT REGULARLY-SCHEDULED MEETING OF THE FULL BOARD. THe Foundation's budget committee is responsible for the general supervision of the FOundation's financial affairs and annual budget and will also carry out any other responsibilities and duties delegated to it by the board from time to time. THE BUDGET COMMITTEE IS OBLIGATED TO REPORT ITS ACTIVITIES AND DECISIONS AT THE NEXT REGULARLY-SCHEDULED MEETING OF THE FULL BOARD. The foundation's investment committee is responsible for the supervision of the foundation's investments and any individuals or entities to which investment management responsibility is delegated, the review of compensation of foundation investment managers who are also trustees or officers of the foundation and will also carry out any other responsibilities and duties delegated to it by the board from time to time. THE INVESTMENT COMMITTEE IS OBLIGATED TO REPORT ITS ACTIVITIES AND DECISIONS AT THE NEXT REGULARLY-SCHEDULED MEETING OF THE FULL BOARD. The Foundation's nominating committee provides assistance to the board as requested from time to time, including by establishing criteria for the selection of new trustees and identifying individuals qualified to become trustees, and will also carry out any other responsibilities and duties delegated to it by the board from time to time. THE NOMINATING COMMITTEE IS OBLIGATED TO REPORT ITS ACTIVITIES AND DECISIONS AT THE NEXT REGULARLY-SCHEDULED MEETING OF THE FULL BOARD. Family or Business Relationships Form 990, Part VI, Section A, line 2 Dr. chhabra and Dr. Simons have a Business relationship. Dr. laufer and Dr. Simons have a Business relationship. Dr. Lourie and Dr. Simons share a business relationship. DR. COLLER AND DR. SIMONS SHARE A BUSINESS RELATIONSHIP.
CONTEMPORANEOUS DOCUMENTATIONForm 990, part VI, section A, line 8b The foundation adopted policies pursuant to which the board and all committees of the board (except the Executive Committee) will contemporaneously document in minutes the meetings held (other than in executive session) And written actions undertaken.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990Form 990, Part VI, section B, Line 11 THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE FORM 990 IS THEN FORWARDED TO THE EXECUTIVE COMMITTEE FOR REVIEW, COMMENT AND FINAL APPROVAL. THE FINAL VERSION IS CIRCULATED TO THE BOARD OF TRUSTEES.
ENFORCEMENT OF CONFLICT OF INTEREST POLICYForm 990, Part VI, Section B, Line 12c Pursuant to the Foundation's bylaws (article IV, Section 11), all Trustees, officers and key persons are required to complete an annual conflict of interest certification. The Annual Certification requires each Trustee, officer and key employee of the Foundation to disclose in writing the existence of any potential conflicts of interest, to certify compliance with the conflict of interest policy and to agree to abide by it. The signed Certifications are reviewed by the chair of the audit committee. If an individual becomes aware that he or she may be involved in a potentially conflicted transaction, he or she will immediately disclose the existence and material facts of his or her interest in the conflicted transaction to the executive director of the foundation, who will report the matter to the chair of the Audit Committee. Board discussions pertaining to the conflict (and its resolution) are documented in the Board Minutes.
PROCESS FOR DETERMINING COMPENSATIONForm 990, Part VI, Section B, Lines 15A The compensation paid to the Foundations Executive Director is determined by an unrelated third party: the State of New York. The State has established compensation guidelines whereby compensation is capped at a specific level. The Foundation has no discretion to modify the compensation thresholds established by the State; however, the Foundation may APPROVE A REQUEST FROM THE UNIVERSITY TO PROVIDE additional compensation in an effort to attract talent and pay these individuals at a market rate rendering services to the Foundation. SUCH ADDITIONAL COMPENSATION IS THEN APPROVED BY THE FOUNDATION BOARD. The compensation is memorialized in an employment contract noting that a portion of salary will come from Stony Brook Foundation and another portion from the University, causing certain employees to receive two W-2s. PROCESS FOR DETERMINING COMPENSATION Form 990, Part VI, Section B, Line 15B The compensation paid to the Foundations other officers (COO, CFO and CIO) is recommended by the Foundations Executive Director, and is reviewed by an unrelated third party tax-exempt organization to determine if compensation is appropriate and within the guidelines of industry standards. The approved compensation is then memorialized in an employment contract.
AVAILABILITY OF DOCUMENTS TO THE PUBLICForm 990, Part VI, Line 19 STONY BROOK FOUNDATION, INC. MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. The Form 990 is likewise published on the internet at www.guidestar.org. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION.
COMPENSATIONForm 990, Part VII In the interest of clarity, the Foundation is providing context on the compensation reported in both Part VII and Schedule J of the Form 990. The Foundation's Executive Director, Dexter Bailey, was a State University employee who undertook two different job responsibilities: SENIOR VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT at the State University of Stony Brook and as Executive Director of the foundation. Dexter Bailey separated from service in July of 2019. Mr. Bailey's compensation reported on Part VII of the Form 990 represents compensation paid by the Foundation for services rendered by Mr. Bailey in his capacity as Executive Director and not for any services he rendered to the State University of Stony Brook. BENEFITS NOT DISCLOSED ON SCHEDULE J ARE PROVIDED BY THE STATE UNIVERSITY OF STONY BROOK. The funding to support State employee compensation is approved by the Foundation's Board of Directors. Both Dr. Samuel Stanley and Michael Bernstein, ex-efficio trustees, are NY state university employees. In 2009, The Stony Brook Foundation was asked by the SUNY Chancellor and SUNY Board of Trustees to supplement the President's compensation. Consistent with its mission to help advance the mission of the University, the Stony Brook Foundation Board approved this expense and continues to provide annual salary support. This compensation arrangement is reported in both individuals annual conflict of interest disclosure that is shared with the Foundation's Board of Directors to ensure absolute transparency. Dr. Stanley separated from service in July of 2019. Dr. Stanley and Mr. Bernstein's compensation, as reported on the Form 990, Part VII, represents the amount paid by the Foundation; to the extent either is compensated by SUNY, it is not disclosed on this Form 990 as SUNY is not a related party and the services for which both were compensated were not rendered to the Foundation. Finally, it should be noted that both Dr. Stanley and Mr. Bernstein are directly involved in fundraising on the Foundation's behalf, however, the compensation reported on the Form 990 is not specifically tied to those fundraising efforts. CFO & COO, Jason Hsueh, and CIO, David Marcus spend 100% of their time engaged in activities that support the Foundation; however, their compensation is paid by an unrelated third party tax-exempt organization and not directly by the Foundation. Compensation paid by an unrelated organization for services rendered to the Foundation is required to be disclosed in Part VII, Column (d) as though it had been paid by the Foundation. Highly Compensated Employees, Jo-Ann Daniels, Deborah Lowen-Klein, Tara Stenzel-Fleming and Danielle Holton, likewise, receive their compensation from an unrelated third party tax-exempt organization. There is a salary cap for State University Employee: Mr. Baptiste. In response to the University's occasional request, the Stony Brook Foundation's board does review and approve funds for additional compensation to the University Employees so that the University can recruit the best people for the job. Individual employees' contracts outline the portion of their salary that will come from Stony Brook Foundation and another portion from the University, causing certain employees to receive two W-2's. benefits are provided by the State University of Stony Brook.
GENERAL STATEMENT REGARDING THE PPP LOANThe Foundation received a Paycheck Protection Program ("PPP") loan of $1,424,046 which was exclusively used to help the Foundation subsidize its payroll. The PPP loan enabled the Foundation to retain employees and continue its mission to support Stony Brook University and its students, ensuring access to a world-class public university education for students from families with limited means. The Foundation anticipates that the entire PPP loan shall be forgiven by the Small Business Administration as the Foundation has met all of the necessary criteria.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Stony Brook Foundation Realty
230 AdministrationStony BrookNY11794112622814Real EstateNY501(c)(3)12-ISBFYes (true)
Long Island High Tech Incubator Inc
25 east loop roadStony BrookNY11790113059018Develop TechNY501(c)(3)10NAfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Stony Brook Foundation Realty IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypedTransactionTypeTxt
Involved$168,434InvolvedAmt
Method Of Amount DeterminationcostMethodOfAmountDeterminationTxt

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