2020-05-14T15:05:54-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2018-07-01 473560167 SUNY MARITIME FOUNDATION SUNY 7184095475 6 PENNYFIELD AVENUE BRONX NY 10465 AIMEE BERNSTEIN EXECUTIVE DIRECTOR 7184095475 2020-05-14 1 GARRETT M HIGGINS P00543209 9143818900 2020-05-14 47.18.169.177 2020-05-14 14:39:47 ED P A6D13489680F7BF7A058155E65F3C61B5D8EE11D 5DA95DB661BFBF1E1CC10393D0405B5901069AC8 2018 2020-09-23 17:36:50Z AIMEE BERNSTEIN 6 PENNYFIELD AVENUE BRONX NY 10465 11576664 0 X N/A X 2015 NY TO RAISE AND MANAGE PRIVATE FINANCIAL SUPPORT FOR SUNY MARITIME COLLEGE. 11 10 0 11 0 0 0 11500986 0 0 0 35175 0 -54352 0 11481809 0 910940 0 0 0 0 0 60000 88087 0 117785 0 1088725 0 10393084 80092 11102812 0 24875 80092 11077937 X THE SUNY MARITIME FOUNDATION, INC. IS THE PRIMARY ORGANIZATION TO RAISE AND MANAGE PRIVATE FINANCIAL SUPPORT FOR SUNY MARITIME COLLEGE. SUCH SUPPORT WILL ASSIST SUNY MARITIME TO ACHIEVE ITS MISSION AND VISION WHILE AT THE SAME TIME ENRICHING THE EDUCATIONAL QUALITY OF THE COLLEGE, THE STUDENTS AND THE FACULTY. 0 0 872780 850940 GRANTMAKING PROGRAM:THE FOUNDATION SUPPORTS AND PROVIDES FINANCIAL ASSISTANCE TO SUNY MARITIME COLLEGE (THE "COLLEGE") BY SOLICITING, ACCEPTING AND MANAGING PRIVATE FINANCIAL SUPPORT FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER ORGANIZATIONS. SUCH FUNDING IS USED TO PROVIDE SCHOLARSHIPS AND FURTHER THE EDUCATIONAL OBJECTIVES OF THE COLLEGE. DURING FISCAL YEAR 2019, THE FOUNDATION PROVIDED SUPPORT TO THE COLLEGE'S NEW YORK MARITIME INNOVATION CENTER ("NYMIC") PROGRAM. USING ITS ACCESS TO SUNY RESEARCH FOUNDATION AND OTHER PARTNERS, NYMIC SEEKS TO CONVENE INDUSTRY EXPERTS WITH FORWARD THINKING DEVELOPERS, TECHNOLOGISTS AND INVESTORS THROUGH MULTIPLE EVENTS AT VARYING LOCATIONS IN NEW YORK CITY. NYMIC PROVIDES EVENTS, SMALL WORKSHOPS/SEMINARS, ASSISTANCE TO STARTUPS, ACCESS AND CONNECTIONS TO CUSTOMERS, INVESTORS, AND THE MARITIME INDUSTRY. 79390 60000 BOAT DONATION PROGRAM: SUNY MARITIME COLLEGE OPERATES A BOAT DONATION PROGRAM TO RAISE ADDITIONAL RESOURCES TO SUPPORT THE WATERFRONT'S PROGRAMS AND TO PROVIDE ADDITIONAL INVENTORY FOR STUDENTS TO USE FOR TRAINING AND OTHER RECREATIONAL PURPOSES. THE ASSETS CURRENTLY OVERSEEN INCLUDE: POWER BOATS, SAILING VESSELS AND TRAILERS. IN ADDITION TO BEING A REVENUE GENERATING PROGRAM FOR THE COLLEGE/FOUNDATION, THE BOAT DONATION EXPANDS CONNECTIONS FOR THE COLLEGE AMONG THE SAILING COMMUNITY. 16574 ATHLETICS PROGRAM: THE OFFICE OF ATHLETICS OFFERS A WIDE ARRAY OF SPORT ACTIVITIES, FITNESS PROGRAMS AND RECREATIONAL FACILITIES FOR THE ENTIRE CAMPUS COMMUNITY. VARSITY ATHLETICS INCLUDES 13 NCAA DIVISION III TEAMS, MEN'S ROWING AND CO-ED SAILING TEAMS. CLUB SPORTS INCLUDE ICE HOCKEY, RIFLE AND RUGBY. INTRAMURAL SPORTS ARE OFFERED THROUGHOUT THE YEAR, WITH OFFERINGS BASED ON STUDENT ENGAGEMENT. THE DEPARTMENT OF PHYSICAL EDUCATION OFFERS CLASSES IN SWIMMING, YOGA, MARTIAL ARTS AND POWERBOAT HANDING, AMONG OTHERS. 968744 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X AIMEE BERNSTEIN 7184095475 6 PENNYFIELD AVENUE BRONX NY 10465 MICHAEL ALFULTIS PRESIDENT 1.50 38.50 X X 0 0 0 SCOTT DIETERICH TREASURER 2.00 38.00 X X 0 0 0 AIMEE BERNSTEIN EXECUTIVE DIRECTOR 20.00 20.00 X X 74038 0 21674 CAPT ROBERT JOHNSTON CHAIRMAN 0.50 1.00 X X 0 0 0 JOHN BREE VICE CHAIRMAN 0.50 1.00 X X 0 0 0 RICHARD ANGERAME BOARD MEMBER 0.25 0.50 X 0 0 0 WILLIAM AUSTEN BOARD MEMBER 0.25 0.50 X 0 0 0 JOSEPH MAURELLI BOARD MEMBER 0.25 0.50 X 0 0 0 MICHAEL CHALOS BOARD MEMBER 0.25 0.50 X 0 0 0 CAPT IOANNIS FRANGOS BOARD MEMBER 0.25 0.50 X 0 0 0 CLAY MAITLAND BOARD MEMBER 0.25 0.50 X 0 0 0 74038 0 21674 0 0 0 1 0 510220 9657194 1333572 7678523 11500986 35175 35175 39780 510220 94855 -55075 -55075 OTHER INCOME 900099 723 723 723 11481809 0 0 -19177 96500 96500 814440 814440 475 475 60000 60000 2198 2198 3500 3500 8721 1568 7153 18813 16574 2239 22440 21994 446 17090 11930 5160 MISCELLANEOUS EXPENSES 22425 7306 362 14757 STIPENDS 15012 15012 REPAIRS & MAINTENANCE 4434 4434 REIMBURSED EXPENSES 2677 2677 1088725 968744 31894 88087 64023 2618756 131096 16069 21610 379769 22440 0 357329 7974021 80092 11102812 24875 0 24875 X 80092 1204237 5140466 4733234 80092 11077937 80092 11102812 10393084 604761 0 X X 0 1 X 1 0 X 30000 85000 11500986 11615986 30000 85000 11500986 11615986 11615986 35175 35175 723 723 11651884 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 723. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7337770 636251 7974021 0.59360 0.40640 1 0 356500 17084 339416 23269 5356 17913 357329 POOLED INVESTMENT FUNDS 7974021 F 7974021 X 12190852 604761 9427 94855 709043 11481809 0 11481809 1193007 9427 94855 104282 1088725 0 1088725 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF SEVERAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR SCHOLARSHIPS, FELLOWSHIPS, ACADEMIC CHAIR SUPPORT, VARIOUS OTHER NEEDS OF ACADEMIC UNITS AND PROGRAMMATIC SUPPORT. THE ENDOWMENT IS HELD AND MANAGED BY THE UNIVERSITY AT BUFFALO FOUNDATION, INC. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 94,855. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 94,855. X X X X X 1 GRAHAM-PELTON CONSULTING INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 FUNDRAISING CAMPAIGN CONSULTING 0 0 60000 0 60000 NY ADMIRAL DINNER 550000 510220 39780 47670 1385 21895 23905 550000 510220 39780 47670 1385 21895 23905 94855 -55075 SCHEDULE G, PART I, LINE 2B, COLUMN (V) GRAHAM-PELTON ASSOCIATES PROVIDED TRAINING AND GUIDANCE FOR THE FOUNDATION'S FUNDRAISING CAMPAIGN. THE AMOUNT PAID CONSISTS OF $60,000 FOR PROFESSIONAL SERVICES PER CONTRACT AND $2,677 FOR REIMBURSEMENT OF OUT-OF-POCKET EXPENSES INCURRED. 1 SUNY MARITIME COLLEGE 6 PENNYFIELD AVENUE BRONX NY 10465 146013200 501(C)(3) 96500 PROGRAM SUPPORT 1 0 SCHOLARSHIPS 208 814440 PART I, LINE 2: STUDENTS APPLY FOR VARIETY OF SCHOLARSHIPS THROUGH THE ONLINE PORTAL ACADEMIC WORKS. THE SCHOLARSHIP COMMITTEE REVIEWS AND DECIDES ON THE RECIPIENTS LIST. THE FINANCIAL AID OFFICE AWARDS THE SCHOLARSHIPS TO STUDENTS. THE FOUNDATION PROCESSES THE PAYMENT TO THE COLLEGE AND THE FUNDS ARE DISBURSED TO STUDENTS. THE RECONCILIATION BETWEEN DEPARTMENTS TAKES PLACE TO ENSURE PROPER DISTRIBUTION OF FUNDS. SUNY MARITIME FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO SUNY MARITIME COLLEGE TO SUPPORT THE PROGRAMS OF THE COLLEGE. AS THE FOUNDATION IS AFFILIATED WITH THE COLLEGE AND SHARES A COMMON BOARD, ALL INTERCOMPANY TRANSACTIONS ARE CLOSELY MONITORED. 0 0 0 0 0 0 0 0 0 AIMEE BERNSTEIN EXECUTIVE DIRECTOR 74038 0 0 0 0 0 10005 0 11669 0 95712 0 0 0 PART VII, LINE 5, SERVICES PAID BY AN UNRELATED ORGANIZATION: AIMEE BERNSTEIN IS PAID BY AN UNRELATED ORGANIZATION, STATE UNIVERSITY OF NEW YORK, FOR SERVICES PROVIDED TO SUNY MARITIME FOUNDATION AS EXECUTIVE DIRECTOR. SHE RECEIVES A W-2 FOR HER SERVICES, AS WELL AS NONTAXABLE BENEFITS AND DEFERRED COMPENSATION FROM THE UNRELATED ORGANIZATION. THE COMPENSATION REPORTED IN PART VII, SECTION A AND SCHEDULE J, PART II IS BASED ON HER CALENDAR YEAR COMPENSATION FOR SERVICES RENDERED TO THE ORGANIZATION. X 1 356500 THIRD PARTY APPRAISAL X 1 7322022 AVG. HIGH/LOW METHOD 0 0 1 0 PART I, COLUMN (B): COLUMN (B) IS REPORTING THE TOTAL NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS OR EMPLOYEES. THE BOARD OF DIRECTORS SHALL REVIEW THE RESPONSES TO THE ANNUAL DISCLOSURE FORM AND ANY CONTINUING DISCLOSURES THAT ARE MADE THROUGHOUT THE YEAR. IF THE BOARD IDENTIFIES A POTENTIAL CONFLICT OF INTEREST, THE BOARD SHALL MAKE SUCH FURTHER INVESTIGATION AS IT DEEMS APPROPRIATE. FOLLOWING SUCH INVESTIGATION, THE BOARD SHALL DETERMINE, BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER A CONFLICT OF INTEREST EXISTS. AT ANY BOARD MEETING WHERE A POTENTIAL CONFLICT OF INTEREST WILL BE CONSIDERED, AN INTERESTED PARTY MAY OFFER FACTUAL INFORMATION TO THE BOARD, BUT AFTERWARDS MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE POTENTIAL CONFLICT OF INTEREST. ALL CONFLICTS OF INTEREST AND POTENTIAL CONFLICTS OF INTEREST ARE DOCUMENTED IN THE ORGANIZATION'S BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-409-5475. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SUNY MARITIME COLLEGE 6 PENNYFIELD AVENUE BRONX NY 10465 146013200 EDUCATIONAL INSTITUTE NY 501(C)(3) LINE 2 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0