2015-04-10T12:53:23-05:00 2014-08-31 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2013-09-01 237194187 SCHENECTADY COUNTY COMMUNITY COLLEGE FOUNDATION INC SCHE 5183466211 78 WASHINGTON AVENUE SCHENECTADY NY 12305 JEANNE MALOY CHAIR 5183466211 2015-03-23 1 TIMOTHY A REYNOLDS CPA P00971233 5187850134 2013 2016-02-25 16:41:14Z JEANNE MALOY 78 WASHINGTON AVENUE SCHENECTADY NY 12305 1112398 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 0 0 0 0 532488 574828 0 0 126064 121678 107682 122678 766234 819184 230779 222313 0 0 100674 111845 0 0 86811 535009 571643 866462 905801 -100228 -86617 5034060 5441163 173869 232087 4860191 5209076 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 222313 222313 21933 SCHOLARSHIPS AND AWARDS-TO RENDER FINANCIAL ASSISTANCE TO STUDENTS, FACULTY AND ADMINISTRATION. SERVED 148 439012 PAYMENTS TO AFFILIATES (THE COLLEGE) TO SUPPORT EDUCATIONAL ACTIVITIES, CAPITAL IMPROVEMENTS AND PROFESSIONAL DEVELOPMENT. 661325 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 1 0 0 0 0 1 0 0 0 1 0 0 0 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 TOBIN 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 PAOLA HORVATH BOARD MEMBER 1.00 X 0 0 0 ANN MARIE LIZZI 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 MARGARET DE KONING BOARD MEMBER 1.00 X 0 0 0 ROBERT J SULLIVAN BOARD MEMBER 1.00 X 0 0 0 VICTOR L MAZZOTTI ESQ BOARD MEMBER 1.00 X 0 0 0 DENISE MURPHY MCGRAW COLLEGE TRUSTEE 1.00 X 0 0 0 EMILY MILLER 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 WIDJIONO PURNOMO BOARD MEMBER 1.00 X 0 0 0 MICHAEL WOLLMAN CHAIR 1.00 X 0 0 0 DR MARTHA J ASSELIN SECRETARY 3.00 X 0 0 0 RICHARD KOTLOW TREASURER 1.00 X 0 0 0 JEANNE MALOY CHAIR ELECT 1.00 X 0 0 0 0 0 0 0 0 0 0 0 22125 552703 574828 89149 89149 274218 241689 32529 32529 32529 152270 22125 51525 100745 100745 MAINTENANCE REVENUE 900099 21933 21933 21933 819184 21933 0 222423 222313 222313 86365 86365 25480 25480 31992 31992 294 294 7105 2050 5055 2106 2106 439012 439012 2432 2432 MISCELLANEOUS 34781 470 34311 OTHER ADMINSTRATIVE EXP 28300 28300 BOOKKEEPING 15000 15000 PRINTING 10621 10621 905801 661325 157665 86811 409867 287182 135332 104218 1758 658 38212 2432 0 35780 4487103 5013325 5034060 5441163 6301 7849 43600 20220 123968 204018 173869 232087 X 3120917 3316771 866961 939822 872313 952483 4860191 5209076 5034060 5441163 -86617 435502 0 X X 0 1 X 1 0 X 366998 318686 632281 560685 574828 2453478 366998 318686 632281 560685 574828 2453478 53174 2400304 91416 141086 91515 126064 121678 571759 1446 1769 1963 79485 122678 207341 3232578 296811 0.74250 0.75290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2009 AMOUNT: $ 1,446. 2010 AMOUNT: $ 1,769. 2011 AMOUNT: $ 1,963. 2012 AMOUNT: $ 79,485. 2013 AMOUNT: $ 122,678. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 872313 7534 115204 24375 18193 952483 772527 65643 61691 18489 9059 872313 746439 6216 46211 18575 7764 772527 488000 8973 266800 12100 5234 746439 455263 21800 27656 12200 4519 488000 0 0 38212 2432 35780 35780 PIMCO ADVISOR FUNDS 335444 F CASH FUNDS 167752 F MUTUAL FUNDS 1895166 F SECURITIES 2614963 F 5013325 DUE TO THE COLLEGE 204018 204018 X 1516436 435502 210225 51525 697252 819184 0 819184 1167551 210225 51525 261750 905801 0 905801 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, 2014, 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 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 51,525. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 51,525. FFT 2014 63600 15290 48310 19967 ANNUAL GALA 85705 6835 78870 31558 1 2965 2965 152270 22125 130145 31558 19967 51525 78620 0 SCHOLARSHIPS 96 222313 X ADVERTISING 3 15000 FMV X AUDIT 1 11853 FMV 0 0 0 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