2016-07-13T15:14:37-05:00 2015-08-31 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2014-09-01 237194187 SCHENECTADY COUNTY COMMUNITY COLLEGE FOUNDATION INC SCHE 5183466211 78 WASHINGTON AVENUE SCHENECTADY NY 12305 JEANNE MALOY CHAIR 5183466211 2016-07-11 1 HEATHER R LEWIS CPA P01409255 5187850134 2014 2016-09-27 15:27:22Z JEANNE MALOY 78 WASHINGTON AVENUE SCHENECTADY NY 12305 742547 0 X WWW.SUNYSCCC.EDU X 1972 NY THE SCCC FOUNDATION RAISES FUNDS AND PROVIDES STEWARDSHIP OF THOSE FUNDS TO SUPPORT AND ADVANCE THE MISSION OF SCHENECTADY COUNTY COMMUNITY COLLEGE. TO FULFILL ITS MISSION, THE FOUNDATION IDENTIFIES AND CULTIVATES RELATIONSHIPS TO GENERATE PRIVATE AND PUBLIC FUNDING, INITIATES CAMPAIGNS TO GROW OPPORTUNITIES FOR STUDENTS AND INVESTS IN PROGRAMS, FACILITIES AND CAPITAL IMPROVEMENTS. 23 23 4 0 0 0 574828 441409 0 0 121678 133325 122678 106907 819184 681641 222313 195170 0 0 111845 86907 0 0 65197 571643 399632 905801 681709 -86617 -68 5441163 5355485 232087 614736 5209076 4740749 THE FOUNDATION'S VISION IS TO IDENTIFY AND CULTIVATE RELATIONSHIPS TO GENERATE PRIVATE AND PUBLIC FUNDING, INITIATE CAMPAIGNS TO GROW OPPORTUNITIES FOR STUDENTS AND INVEST IN PROGRAMS, FACILITIES AND CAPITAL IMPROVEMENTS. 0 0 195170 195170 22776 SCHOLARSHIPS AND AWARDS-TO RENDER FINANCIAL ASSISTANCE TO STUDENTS, FACULTY AND ADMINISTRATION. SERVED 107. 272289 PAYMENTS TO AFFILIATES (THE COLLEGE) TO SUPPORT EDUCATIONAL ACTIVITIES, CAPITAL IMPROVEMENTS AND PROFESSIONAL DEVELOPMENT. 467459 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 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 4 1 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X X DONNA TESSITORE 5183811281 78 WASHINGTON AVE SCHENECTADY NY 12305 X MICHAEL WOLLMAN IMMEDIATE PAST CHAIR 1.00 X 0 0 0 BETTY CAROL BARLYN BOARD MEMBER 1.00 X 0 0 0 DIANE SMITH FAUBION BOARD MEMBER 1.00 X 0 0 0 VALERIE BLESER BOARD MEMBER 1.00 X 0 0 0 CHRIS WESSELL BOARD MEMBER 1.00 X 0 0 0 EVAN EURIPIDOU BOARD MEMBER 1.00 X 0 0 0 TERRY PHILLIPS BOARD MEMBER 1.00 X 0 0 0 LOIS G SMITH-LAW PHR BOARD MEMBER 1.00 X 0 0 0 TINA CHERICONI VERSACI ESQ COLLEGE TRUSTEE 1.00 X 0 0 0 VICTOR L MAZZOTTI ESQ BOARD MEMBER 1.00 X 0 0 0 JAMISON R FLORA BOARD MEMBER 1.00 X 0 0 0 LYNN D MANNING BOARD MEMBER 1.00 X 0 0 0 SUSAN BAKER BOARD MEMBER 1.00 X 0 0 0 VERA DORDICK BOARD MEMBER 1.00 X 0 0 0 DR MARGARET KING BOARD MEMBER 1.00 X 0 0 0 RAY LEGERE BOARD MEMBER 1.00 X 0 0 0 YONO PURNOMO BOARD MEMBER 1.00 X 0 0 0 DAVID WALLINGFORD BOARD MEMBER 1.00 X 0 0 0 ROBIN WILEY BOARD MEMBER 1.00 X 0 0 0 DR MARTHA J ASSELIN SECRETARY 3.00 X 0 0 0 MARGARET DE KONING TREASURER 1.00 X 0 0 0 RICHARD KOTLOW CHAIR ELECT 1.00 X 0 0 0 JEANNE MALOY CHAIR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 2145 439264 441409 107289 107289 40832 14796 26036 26036 26036 130241 2145 46110 84131 84131 MAINTENANCE REVENUE 900099 22776 22776 22776 681641 22776 0 217456 195170 195170 68284 68284 18623 18623 33536 33536 1261 1261 4567 1721 2846 1380 1380 272289 272289 7644 7644 OTHER ADMINSTRATIVE EXP 35493 35493 MISCELLANEOUS 25690 9932 15758 BOOKKEEPING 15000 15000 PRINTING 2772 2772 681709 467459 149053 65197 287182 131403 104218 228733 658 6235 38212 10076 35780 28136 5013325 4960978 5441163 5355485 7849 4416 20220 24950 204018 585370 232087 614736 X 3316771 2696922 939822 1143659 952483 900168 5209076 4740749 5441163 5355485 -68 -154724 -313535 0 X X 0 1 X 1 0 X 318686 632281 560685 574828 441409 2527889 318686 632281 560685 574828 441409 2527889 48391 2479498 141086 91515 126064 121678 133325 613668 1769 1963 79485 122678 106907 312802 3454359 216126 0.71780 0.74250 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2010 AMOUNT: $ 1,769. 2011 AMOUNT: $ 1,963. 2012 AMOUNT: $ 79,485. 2013 AMOUNT: $ 122,678. 2014 AMOUNT: $ 106,907. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 952483 13522 -16322 30139 19376 900168 872313 7534 115204 24375 18193 952483 772527 65643 61691 18489 9059 872313 746439 6216 46211 18575 7764 772527 488000 8973 266800 12100 5234 746439 1.00000 0 0 38212 10076 28136 28136 PIMCO ADVISOR FUNDS 378190 F CASH FUNDS 150453 F MUTUAL FUNDS 1956455 F SECURITIES 2475880 F 4960978 DUE TO THE COLLEGE 258100 AGENCY FUNDS 327270 585370 X 742238 -154724 169211 46110 60597 681641 0 681641 897030 169211 46110 215321 681709 0 681709 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 170(B)(1)(A)(VI) OF THE CODE. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRES THE FOUNDATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON THE EXAMINATION BY THE IRS. THE FOUNDATION'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAVE CONCLUDED THAT AS OF AUGUST 31, 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 46,110. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 46,110. FFT 2015 76185 170 76015 7004 15470 ANNUAL GALA 56201 1975 54226 14984 8652 132386 2145 130241 21988 24122 46110 84131 0 SCHOLARSHIPS 81 195170 FORM 990, PART VI, SECTION A, LINE 7A MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B SOME OF THE SCCC FOUNDATION BOARD OF DIRECTORS DECISIONS (IN PARTICULAR, THEIR RECOMMENDATIONS FOR NEW BOARD MEMBERS) ARE PASSED TO THE COLLEGE TRUSTEES FOR THEIR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 COPY OF FORM 990 IS PRESENTED TO THE BOARD BEFORE SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FOUNDATION HAS A COMMITTEE TO OVERSEE THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. SCHENECTADY COUNTY COMMUNITY COLLEGE 78 WASHINGTON AVENUE SCHENECTADY NY 12305 COMMUNITY COLLEGE NY 501(C)(3) 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0