2014-01-15T09:50:00-06:00 2013-08-31 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2012-09-01 237194187 SCHENECTADY COUNTY COMMUNITY COLLEGE FOUNDATION INC SCHE 5183466211 78 WASHINGTON AVENUE SCHENECTADY NY 12305 MICHAEL WOLLMAN 5183466211 2014-01-08 1 TIMOTHY A REYNOLDS CPA P00971233 5187850134 2012 2015-11-30 17:44:51Z RICHARD KOTLOW 78 WASHINGTON AVENUE SCHENECTADY NY 12305 957890 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. 21 21 0 21 0 0 632281 532488 0 0 91515 126064 96969 107682 820765 766234 245234 230779 0 0 96756 100674 0 0 56301 213078 535009 555068 866462 265697 -100228 5017959 5034060 244091 173869 4773868 4860191 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 230779 230779 1820 SCHOLARSHIPS AND AWARDS-TO RENDER FINANCIAL ASSISTANCE TO STUDENTS, FACULTY AND ADMINISTRATION. SERVED 159 453812 PAYMENTS TO AFFILIATES (THE COLLEGE) TO SUPPORT EDUCATIONAL ACTIVITIES, CAPITAL IMPROVEMENTS AND PROFESSIONAL DEVELOPMENT. 684591 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 1 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 1 1 0 0 0 0 X 21 21 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 1.00 X 0 0 0 BETTY CAROL BARLYN 1.00 X 0 0 0 DIANE SMITH FAUBION 1.00 X 0 0 0 VALERIE BLESER 1.00 X 0 0 0 CHRIS WESSELL 1.00 X 0 0 0 PAOLA HORVATH 1.00 X 0 0 0 ANN MARIE LIZZI 1.00 X 0 0 0 EVAN EURIPIDOU 1.00 X 0 0 0 TERRY PHILLIPS 1.00 X 0 0 0 LOIS G SMITH-LAW PHR 1.00 X 0 0 0 TINA CHERICONI VERSACI ESQ 1.00 X 0 0 0 BARBARA BISHOP WARD 1.00 X 0 0 0 ROBERT J SULLIVAN 1.00 X 0 0 0 VICTOR L MAZZOTTI ESQ 1.00 X 0 0 0 DENISE MURPHY MCGRAW 1.00 X 0 0 0 EMILY MILLER 1.00 X 0 0 0 RACHEL ZIMOLKA 1.00 X 0 0 0 MICHAEL WOLLMAN 1.00 X 0 0 0 DR QUINTIN B BULLOCK 3.00 X 0 0 0 RICHARD KOTLOW 1.00 X 0 0 0 JEANNE MALOY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 28197 504291 532488 91619 91619 178648 144203 34445 34445 34445 153315 28197 47453 105862 105862 MAINTENANCE REVENUE 900099 1820 1820 1820 766234 1820 0 231926 230779 230779 74436 74436 26238 26238 28478 28478 2071 2071 5740 2338 3402 1834 1834 453812 453812 1129 1129 OTHER ADMINSTRATIVE EXP 11429 11429 MISCELLANEOUS 10717 10717 BOOKKEEPING 10000 10000 PRINTING 9799 9799 866462 684591 125570 56301 1087325 409867 227783 135332 1758 3702851 4487103 5017959 5034060 189055 130269 55036 43600 244091 173869 X 2981117 3120917 1020224 866961 772527 872313 4773868 4860191 5017959 5034060 -100228 186551 0 X X 0 1 X 1 0 X 405813 366998 318686 632281 560685 2284463 405813 366998 318686 632281 560685 2284463 67820 2216643 122820 91416 141086 91515 126064 572901 2297 1446 1769 1963 79485 86960 2944324 356930 0.75290 0.76440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 772527 65643 61691 18489 9059 872313 746439 6216 46211 18575 7764 772527 488000 8973 266800 12100 5234 746439 455263 21800 27656 12200 4519 488000 479376 17708 -24623 13000 4198 455263 1.00000 0 0 0 PIMCO ADVISOR FUNDS 491347 F CASH FUNDS 316484 F MUTUAL FUNDS 1071193 F SECURITIES 2608079 F 4487103 X 1184667 186551 184429 47453 418433 766234 0 766234 1098344 184429 47453 231882 866462 0 866462 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013, 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 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 47,453. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 47,453. X X X X X X 1 CAPITAL AFFAIRS 90 STATE STREET ALBANY NY 12207 EVENT PLANNER 0 153315 17040 136275 153315 17040 136275 CONCERT/RECEPTION 100770 17730 83040 21690 ANNUAL GALA 80742 10467 70275 13095 12668 181512 28197 153315 34785 12668 47453 105862 0 SCHOLARSHIPS 159 230779 X AUDIT 1 11077 FMV X ADVERTISING 1 11125 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