2016-11-14T10:55:50-06:00 2016-06-30 132709344 SHEEHAN & COMPANY CPA PC 165 ORINOCO DR BRIGHTWATERS NY 11718 990 2015-07-01 237046497 STATE UNIVERSITY OF NEW YORK COLLEGE AT FARMINGDALE FOUNDATION STAT 6314202568 2350 BROADHOLLOW RD FARMINGDALE NY 11735 JOHN MOLLOY PRESIDENT 6314202568 2016-11-11 1 THOMAS J NOVAK P00934053 6316657040 2016-11-11 2015 2017-02-10 21:41:12Z JOHN MOLLOY 2350 BROADHOLLOW RD FARMINGDALE NY 11735 4644915 0 X WWW.FARMINGDALE.EDU/PRESIDENT/DEVELOPMENT-COR X 1954 NY TO PROVIDE EDUCATIONAL RELATED SERVICES 28 26 22 0 0 0 759661 687062 114580 78294 208600 185565 -92861 -49164 989980 901757 208955 242752 0 0 299567 160019 0 0 52129 806253 477433 1314775 880204 -324795 21553 6295111 5598985 181267 109331 6113844 5489654 TO ENCOURAGE, SOLICIT, ACCEPT AND HOLD GIFTS MADE TO IT, AND DISBURSE THE SAME ONLY FOR THE PURPOSE OF ADVANCING THE EDUCATIONAL PURPOSES, WELFARE AND DEVELOPMENT OF FARMINGDALE STATE COLLEGE 0 0 394611 80017 DONATIONS TO CAMPUS PROGRAMS TO HELP PROVIDE EDUCATION OR EDUCATIONAL RELATED SERVICES TO STUDENTS, FACULTY & STAFF THAT ARE NOT ADEQUATELY FUNDED 242752 242752 183842 SCHOLARSHIPS AND AWARDS ARE PROVIDED TO STUDENTS, FACULTY, AND STAFF MEMBERS WHO HAVE EXHIBITED OUTSTANDING ACHIEVEMENTS AND/OR NEED TO FURTHER THEIR EDUCATIONAL LEVEL 637363 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 28 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 6314202568 2350 BROADHOLLOW ROAD HORTON HALL FARMINGDALE NY 11735 X LINDA AMPER DIRECTOR 1.00 X 0 0 0 MICHAEL BENDER DIRECTOR 1.00 X 0 0 0 THOMAS W BOGUE DIRECTOR 1.00 X 0 0 0 JOSEPH BRENNAN DIRECTOR 1.00 X 0 0 0 JOSEPH MOSCOLA DIRECTOR 1.00 X 0 0 0 RICAHRD A CATALANO DIRECTOR 1.00 X 0 0 0 JOSEPH EGAN DIRECTOR 1.00 X 0 0 0 MAUREEN KNOTT DIRECTOR 1.00 X 0 0 0 JASON GOLDEN DIRECTOR 1.00 X 0 0 0 ANDREAS G GRILL DIRECTOR 1.00 X 0 0 0 WAYNE N GROSSE DIRECTOR 1.00 X 0 0 0 BRENDAN BRODERICK DIRECTOR 1.00 X 0 0 0 W HUBERT KEEN DIRECTOR 1.00 X 0 0 0 STACEY PREFFER DIRECTOR 1.00 X 0 0 0 DAVID CARTER DIRECTOR 1.00 X 0 0 0 RICHARD OVERTON DIRECTOR 1.00 X 0 0 0 JEROME D'ANTONIO DIRECTOR 1.00 X 0 0 0 ROBERT REED DIRECTOR 1.00 X 0 0 0 HOWARD ROWLAND DIRECTOR 1.00 X 0 0 0 THERESA M SANTMANN DIRECTOR 1.00 X 0 0 0 SAL FERRO DIRECTOR 1.00 X 0 0 0 FRED SKOLNIK DIRECTOR 1.00 X 0 0 0 ROBERT L VAN NOSTRAND DIRECTOR 1.00 X 0 0 0 WILLIAM DUFFY HONORARY MEMBER 1.00 X 0 0 0 ROBERT ENCH HONORARY MEMBER 1.00 X 0 0 0 GEORGE LAROSA HONORARY MEMBER 1.00 X 0 0 0 KATHLEEN GALLO HONORARY MEMBER 1.00 X 0 0 0 MICHAEL LIGUORI HONORARY MEMBER 1.00 X 0 0 0 CAROLYNN LUCCA HONORARY MEMBER 1.00 X 0 0 0 JONATHAN MARCUS HONORARY MEMBER 1.00 X 0 0 0 GARY MELIUS HONORARY MEMBER 1.00 X 0 0 0 MICHAEL J POSILLICO HONORARY MEMBER 1.00 X 0 0 0 GEORGE RAINER HONORARY MEMBER 1.00 X 0 0 0 DR HORST K SAALBACH HONORARY MEMBER 1.00 X 0 0 0 BRENDAN SULLIVAN HONORARY MEMBER 1.00 X 0 0 0 DAVID ANTAR DIRECTOR 1.00 X 0 0 0 LORRAINE AYCOCK DIRECTOR 1.00 X 0 0 0 JOHN LIBERTI DIRECTOR 1.00 X 0 0 0 RONALD STEIMEL DIRECTOR 1.00 X 0 0 0 ROBERT GODFREY PRESIDENT (THRU MARCH, 2016) 5.00 X 0 0 0 JOHN MOLLOY PRESIDENT (STARTING MARCH, 2016) 2.00 X 0 0 0 MICHAEL O'ROURKE SECOND VICE PRESIDENT 1.00 X 0 0 0 ROBERT SANDLER TREASURER 2.00 X 0 0 0 HENRY SIKORSKI SECRETARY 15.00 X 0 0 0 0 0 0 0 0 0 0 0 317396 369666 687062 BUSINESS OUTREACH 900099 78294 78294 78294 164876 164876 3604744 3584055 20689 20689 20689 109939 317396 159103 -49164 -49164 901757 263859 0 -49164 242752 242752 160019 45460 62430 52129 35000 35000 6140 6140 11077 11077 19639 19639 8875 8875 46607 46607 4955 4955 ACTIVITY & PROGRAM SUPP 277089 277089 BUSINESS OUTREACH 25455 25455 COMMUNITY RELATIONS 17204 17204 CONSULTANTS 14062 14062 11330 11330 880204 637363 190712 52129 653348 1253294 8150 2500 10180 500 1185447 1148675 607360 36772 5016072 4305919 6295111 5598985 23818 28007 76125 0 81324 81324 181267 109331 X 286665 311716 3482651 3753142 2344528 2424796 6113844 5489654 6295111 5598985 21553 -121761 -523982 0 X X 0 1 X 1 0 X 1661194 752657 797302 759661 687062 4657876 1661194 752657 797302 759661 687062 4657876 1411864 3246012 15134 69631 100135 160551 164876 510327 104906 127468 109511 114580 78294 534759 5702962 1276273 0.56920 X 0.88210 0.04660 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2344528 98090 -17822 2424796 2335641 2888 5999 2344528 2045140 13053 277448 2335641 1952822 3400 88918 2045140 1307228 645594 1952822 0 0 1185447 1148675 36772 36772 CERTIFICATES OF DEPOSITS 6117 F MONEY MARKET FUNDS 45730 F EQUITY MUTUAL FUNDS 2373054 F FIXED INCOME MUTUAL FUNDS 756758 F US TREASURY OBLIGATIONS 457300 F US GOVERNMENT AGENCIES 225438 F CORPORATE AND FOREIGN BONDS 445403 F CASH/DUE TO BROKER -3881 F 4305919 POST EMPLOYMENT HEALTH BENEFITS 81324 81324 X 991331 -121761 52232 159103 89574 901757 0 901757 1091539 52232 159103 211335 880204 0 880204 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3), AND IS SUBJECT TO FEDERAL AND STATE TAX ON NET UNRELATED BUSINESS INCOME. THE FOUNDATION HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISIONS OF A LIABILITY UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANTARDS CODIFICATION (ASC) 740-10 (FORMERLY FIN INTERPRETATION NO 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER ASC 740-10, AN ORGANIZATION MUST RECONGNIZE THE TAX BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITON WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSTIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION HAS FILED IRS FORM 990, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDCTION WHEN IT IS REQUIRED. THE FOUNDATION INFORMATION RETURNS ARE SUBJECT TO REVIEW BY THE APPROPRIATE AUTHROITIES FOR A PERIOD OF THREE YEARS FROM THE DATE OF FILING. CURRENTLY, THE RETURNS FOR THE YEARS ENDING JUNE 30, 2012 AND SUBSEQUENT, ARE SUBJECT TO REVIEW FOR THE YEAR ENDING JUNE 30, 2015, THERE WAS NO INTEREST AND PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 159,103. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 159,103. FALL GALA 185750 148355 37395 730 41175 3500 12170 GARDEN PARTY 53515 43995 9520 9570 400 6468 2 188070 125046 63024 10201 68440 6450 427335 317396 109939 10931 119185 3900 25088 159104 -49165 0 SCHOLARSHIPS AND AWARDS 271 242752 SCHEDULE I, PAGE 2 PART III SCHOLARSHIPS AND AWARDS: SCHOLARSHIPS AWARDED FOR 2015-2016 ACADEMIC YEAR FOR THE FALL AND SPRING SEMESTER. GARY MELIUS BOARD MEMBER 41175 CATERING 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. THE AUDIT COMMITTEE'S REVIEW OF THE FORM 990 IS THEN DISCUSSED AND APPROVED BY THE ENTIRE BOARD AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND KEY EMPLOYEES ARE GIVEN A COPY OF THE POLICY. EACH INDIVIDUAL IS REQUIRED TO SIGN THE POLICY. THE BOARD FREQUENTYL REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2 AUDIT COMMITTEE OVERSEES THE AUDIT AND IS RESPONSIBLE FOR SELECTION OF INDEPENDENT AUDITOR. SUNY FARMINGDALE MELVILLE ROAD FARMINGDALE NY 11735 146013200 STATE UNIVERSITY NY N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0