2020-07-15T10:53:27-05:00 2019-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2018-07-01 237104179 THE GENESEO FOUNDATION INC GENE 5852455518 1 COLLEGE CIRCLE DOTY 325 GENESEO NY 144541485 JOHN GLEASON BOARD CHAIR 5852455518 2020-07-15 1 JACQUELINE B LEE CPA P00842765 5854231860 2020-07-09 69.49.130.51 2020-07-15 10:58:22 ED P 24193B63891938785D39D37847F91508E2E28737 4987B41C0E48731721AF41254D189BB6B6E52A6F 2018 2021-01-29 14:40:06Z JOHN GLEASON 1 COLLEGE CIRCLE DOTY 325 GENESEO NY 144541485 11721588 0 X FOUNDATION.GENESEO.EDU X 1971 NY THE GENESEO FOUNDATION PROVIDES FINANCIAL SUPPORT, LEADERSHIP AND ADVOCACY TO THE COLLEGE COMMUNITY WHILE FOSTERING ENGAGEMENT TO ENHANCE THE UNIQUE GENESEO EXPERIENCE AND BUILD AN ENDOWMENT FOR THE FUTURE. 24 24 2 29 0 0 3418688 2702923 261307 310053 1921512 738109 0 0 5601507 3751085 1668603 1720964 0 0 37326 63830 0 0 239305 2077147 2443678 3783076 4228472 1818431 -477387 39060519 39068848 435478 383548 38625041 38685300 THE GENESEO FOUNDATION PROVIDES FINANCIAL SUPPORT, LEADERSHIP AND ADVOCACY TO THE COLLEGE COMMUNITY WHILE FOSTERING ENGAGEMENT TO ENHANCE THE UNIQUE GENESEO EXPERIENCE AND BUILD AN ENDOWMENT FOR THE FUTURE. 0 0 1097893 1097893 THE GENESEO FOUNDATION PROVIDED SCHOLARSHIPS TOTALING $1,097,893. EXAMPLES INCLUDE MERIT SCHOLARSHIPS FOR OUTSTANDING STUDENTS, MINORITY SCHOLARSHIPS AND ASSISTANTSHIPS AND PROFESSORSHIPS. 348487 348487 THE GENESEO FOUNDATION PROVIDED GRANTS TOTALING $348,487. EXAMPLES INCLUDE RESEARCH AND PROFESSIONAL TRAVEL GRANTS FOR FACULTY AND STAFF AND STUDENT UNDERGRADUATE RESEARCH GRANTS. 1790839 274584 310053 COLLEGE ACTIVITIES WERE SUPPORTED BY THE GENESEO FOUNDATION TO ENRICH THE QUALITY OF EDUCATIONAL PROGRAMS AND CAMPUS LIFE. EXAMPLES INCLUDE PROFESSIONAL CONFERENCES/CONVENTIONS/MEETINGS, PURCHASES OF EQUIPMENT FOR CAMPUS IMPROVEMENT PROJECTS, SUPPORT FOR SPEAKERS AND GUEST LECTURERS, MEMBERSHIP FEES, PURCHASES OF PROFESSIONAL PUBLICATIONS AND PRINTING OF CAMPUS PUBLICATIONS, NEWSLETTERS AND BROCHURES, RECEPTIONS FOR LECTURERS,INTERNSHIP PRESENTATIONS, FACULTY/STUDENT AWARD PROGRAMS, AND MINORITY STUDENT PROGRAMS. 3237219 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 1 32 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THE GENESEO FOUNDATION INC 5852455606 SUNY GENESEO-DOTY 244 GENESEO NY 144541485 X SCOTT C AGAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL C BARKMAN BOARD MEMBER 1.00 X 0 0 0 KATHY ACIERNO BARON BOARD MEMBER 1.00 X 0 0 0 RAJESH BELLANI BOARD MEMBER 1.00 X 0 0 0 JOHN T CAMIOLO BOARD MEMBER 1.00 X 0 0 0 CLARE M CUSACK BOARD MEMBER 1.00 X 0 0 0 KATHRYN FREER-FIRKINS BOARD MEMBER 1.00 X 0 0 0 DANIEL G LOUGHRAN TREASURER 2.00 X X 0 0 0 PAUL R PETERMAN BOARD MEMBER 1.00 X 0 0 0 ANNE I TILLINGHAST BOARD MEMBER 1.00 X 0 0 0 GEORGE W SPEEDY BOARD MEMBER 1.00 X 0 0 0 JOHN A GLEASON CHAIR 2.00 X X 0 0 0 KEVIN M CANTY BOARD MEMBER 1.00 X 0 0 0 MOLLENE BENISON BOARD MEMBER 1.00 X 0 0 0 BARBARA BILODEAU BOARD MEMBER 1.00 X 0 0 0 KRISTIN GRAHAM KOEHLER SECRETARY 2.00 X X 0 0 0 ROBERT MURRAY BOARD MEMBER 1.00 X 0 0 0 JOHN O'MALLEY BOARD MEMBER 1.00 X 0 0 0 JESSICA SAVAGE BOARD MEMBER 1.00 X 0 0 0 JONNA SHUTOWICK BOARD MEMBER 1.00 X 0 0 0 ROBERT WALLEY VICE CHAIR 1.00 X X 0 0 0 DENISE A BATTLES PRESIDENT OF SUNY GENESEO 1.00 X 0 0 0 K JOHNSON BOWLES EXEC DIRECTOR (THRU MARCH 40.00 X X 0 169279 91123 JUSTIN JOHNSTON INTERIM EXECUTIVE DIRECTOR 40.00 X X 0 118300 66549 DAVID E KLEIN BOARD MEMBER 1.00 X 0 0 0 0 287579 157672 0 0 1 1 EAB PO BOX 603519 CHARLOTTE NC 28260 CONSULTING SERVICES FOR ANNUAL GIVING 138749 1 40098 2662825 42445 2702923 COLLEGE SERVICE ACTIVITIES 611710 310053 310053 310053 222751 222751 8483795 2066 7956778 13725 527017 -11659 515358 515358 3751085 310053 0 738109 274584 274584 1446380 1446380 58541 34228 24313 515 331 184 4774 2958 1816 43560 43560 30185 30185 251556 251556 384838 170859 70607 143372 83654 1144 82510 554143 532215 11746 10182 4189 4189 COLLEGE ACTIVITIES 699932 510248 172912 16772 STEWARDSHIP & COLLEGE R 211144 156683 4759 49702 MISCELLANEOUS 137836 86370 51466 MEMBERSHIP FEES 42641 17030 6334 19277 4228472 3237219 751948 239305 74213 64913 194198 5575 239571 554106 74297 15217 513524 433844 700 417010 154536 280388 262474 20122228 20999101 16398855 15789041 1163245 943877 39060519 39068848 284030 239934 151448 143614 435478 383548 X 3355854 3083401 13398358 13428435 21870829 22173464 38625041 38685300 39060519 39068848 X -477387 570292 -32646 X X 0 1 X 1 0 X 2664536 3542545 2311334 3418688 2702923 14640026 2532349 2324787 2541554 2318302 2621063 12338055 5196885 5867332 4852888 5736990 5323986 26978081 26978081 232563 135849 186618 231692 222751 1009473 20863 19382 22084 19754 82083 28069637 1468272 0.96110 0.93280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 826220 X X 0 31461899 867330 973390 1943999 31358620 28604354 2355065 1944870 1442390 31461899 29628608 551422 3610182 5185858 28604354 29164501 1624325 -423471 736747 29628608 26577236 3001000 1972 415707 29164501 0.08830 0.70230 0.20940 1 0 186367 186367 169761 93654 76107 24882 24882 0 36000 36000 0 262474 DELEHANTY ANN M U/W 472198 F STATE STREET GLOBAL ADVISORS MSCI 3864366 F SSGA RUSSELL 3000 INDEX 4651874 F ARTISAN GLOBAL OPPORTUNITIES FUND 84,642.817 SHS 2155954 F FIERA USA GLOBAL EQUITIES FUND LP 2187071 F IR & M CORE BOND FUND II 2457578 F 15789041 ANNUITY AND LIFE INCOME OBLIGATION 143614 143614 X 6658238 570292 2621063 -7549 3183806 3474432 256899 19754 276653 3751085 6597979 2621063 5343 2626406 3971573 256899 256899 4228472 PART III, LINE 4: THE COLLECTION IS A TEACHING TOOL THAT FURTHERS THE EDUCATIONAL EXPERIENCES OF OUR STUDENTS. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 250 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE FOUNDATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE FOUNDATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN MULTIPLE STATES. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2019, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2016. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND STATE TAXING AUTHORITIES. MANAGEMENT OF THE FOUNDATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: 100% INTEREST IN DELEHANTY TRUST - REALIZED GAIN 7,397. 100% INTEREST IN DELEHANTY TRUST - INTEREST & DIVIDEND INCOME 9,696. CHANGE IN SPLIT-INTEREST AGREEMENTS -24,642. PART XI, LINE 4B - OTHER ADJUSTMENTS: 100% INTEREST IN DELEHANTY TRUST DISTRIBUTIONS 19,754. PART XII, LINE 2D - OTHER ADJUSTMENTS: 100% INTEREST IN DELEHANTY TRUST INVESTMENT FEES 5,343. 1 SUNY GENESEO ONE COLLEGE CIRCLE GENESEO NY 14454 146013200 501(C)(3) 274584 TO ASSIST THE COLLEGE IN PROVIDING ACTIVITIES THAT WILL ENRICH THE QUALITY OF EDUCATIONAL PROGRAMS AND CAMPUS LIFE. THE GENESEO FOUNDATION PROVIDED SCHOLARSHIPS TOTALING $1,021,148. EXAMPLES INCLUDE MERIT SCHOLARSHIPS FOR OUTSTANDING STUDENTS, MINORITY SCHOLARSHIPS. 399 1021147 THE GENESEO FOUNDATION PROVIDED GRANTS TOTALING $179,998. EXAMPLES INCLUDE RESEARCH AND PROFESSIONAL TRAVEL GRANTS FOR FACULTY AND STAFF AND STUDENT UNDERGRADUATE RESEARCH GRANTS. 417 178700 THE GENESEO FOUNDATION PROVIDED PRIZES AS A MONETARY AWARD TO STUDENTS AT THE END OF A SCHOOL YEAR TO ACKNOWLEDGE THEIR HARD WORK AND EXTRAORDINARY ACADEMIC PERFORMANCE DURING THAT YEAR. 202 76746 THE GENESEO FOUNDATION PROVIDED AWARDS TO FACULTY OR STUDENTS TO AID IN PROJECT COMPLETION, USUALLY INVOLVING TRAVEL OR RESEARCH OF SOME SORT ON OR OFF CAMPUS. 60 169787 PART I, LINE 2: GRANTS AT SUNY GENESEO ARE AWARDED BY THE COLLEGE'S RESEARCH COUNCIL. THERE ARE A NUMBER OF PEOPLE INVOLVED IN MONITORING AS STUDENT'S SPEND THEIR GRANT MONEY. THIS IS ACCOMPLISHED BY THE OFFICE OF SPONSORED RESEARCH, ACCOUNTING, THE STUDENT'S FACULTY SPONSOR FOR THE RESEARCH, AND THE PERSON IN CHARGE OF COMPLETING PURCHASE ORDERS FOR THE GRANTS. 0 0 0 0 0 0 0 0 0 K JOHNSON BOWLES EXEC DIRECTOR (THRU MARCH 0 169279 0 0 0 0 0 31808 0 59315 0 260402 0 0 JUSTIN JOHNSTON INTERIM EXECUTIVE DIRECTOR 0 118300 0 0 0 0 0 22317 0 44232 0 184849 0 0 PART I, LINE 3 THE STATE UNIVERSITY OF NEW YORK COLLEGE AT GENESEO (THE "COLLEGE"), AN UNRELATED ORGANIZATION, CONTRIBUTES PERSONNEL TO THE FOUNDATION. THE COLLEGE PAYS COMPENSATION AND RELATED BENEFITS TO K. JOHNSON BOWLES AND JUSTIN JOHNSTON WHO DEVOTES THEIR EFFORTS TO THE ACTIVITIES OF THE FOUNDATION. THE COLLEGE HAS PROCESSES AND PROCEDURES FOR ESTABLISHING COMPENSATION. SCHEDULE J, PART II THE COMPENSATION INCLUDED IN ROW (II) REPRESENTS COMPENSATION FROM THE STATE UNIVERSITY OF NEW YORK COLLEGE AT GENESEO (THE "COLLEGE"). 106 FERRIS STREET LLC GREGORY O'CONNELL, FORMER BOARD MEMBER, IS THE OWNER OF THE ENTITY 12000 RENT 0 BEARD DWIGHT REALTY ASSOCIATION GREGORY O'CONNELL, FORMER BOARD MEMBER, IS THE OWNER OF THE ENTITY 18000 RENT 0 X 5 40098 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED FOR ACCURACY BY THE FINANCE COMMITTEE, PROVIDED TO THE BOARD, AND THEN FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE ASKED TO COMPLETE A STATEMENT AT THE FIRST MEETING OF THE YEAR STATING WHAT, IF ANY CONFLICTS OF INTEREST HAVE ARISEN. FORM 990, PART VI, SECTION B, LINE 15 THE STATE UNIVERSITY OF NEW YORK COLLEGE AT GENESEO (THE "COLLEGE"), AN UNRELATED ORGANIZATION, CONTRIBUTES PERSONNEL TO THE FOUNDATION. THE COLLEGE PAYS COMPENSATION AND RELATED BENEFITS OF APPROXIMATELY SIXTEEN FULL-TIME EQUIVALENT EMPLOYEES WHO DEVOTE THEIR EFFORTS TO THE ACTIVITIES OF THE FOUNDATION. THE COLLEGE HAS A PROCESS FOR DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. FORM 990, PART VII DENISE A. BATTLES IS THE PRESIDENT OF SUNY GENESEO, AN UNRELATED ORGANIZATION, AND AN EX-OFFICIO BOARD MEMBER OF THE FOUNDATION. DENISE A. BATTLES SERVES AS AN EX-OFFICIO BOARD MEMBER OF THE FOUNDATION ON A VOLUNTEER BASIS. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENT -24,642. CURRENT YEAR ACTVITY IN 100% INTEREST IN DELEHANTY ANN M U/W TRUST -8,004. FORM 990, PART XI, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS. 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