2014-04-10T10:19:04-05:00 2013-06-30 KPMG LLP 755 MAIN STREET HARTFORD CT 06103 990 2012-07-01 141503972 UNIVERSITY AT ALBANY FOUNDATION UNIV 5184375090 1400 WASHINGTON AVENUE ROOM/SUITE UAB226 ALBANY NY 12222 FARDIN SANAI 5184375090 2014-04-09 true KOENRAAD VREDEVELD 8605223200 2014-04-10 2012 2015-11-30 17:44:51Z FARDIN SANAI EXECUTIVE DIRECTOR 1400 WASHINGTON AVENUE UAB 226 ALBANY NY 12222 14951993 false X WWW.ALBANY.EDU/UAFOUNDATION X 1967 NY THE MISSION OF THE UNIVERSITY AT ALBANY FOUNDATION IS TO ENCOURAGE, SOLICIT, RECEIVE, ACCEPT, HOLD, INVEST, AND MANAGE MONEY AND PROPERTY OF EVERY DESCRIPTION, AND THE DISBURSEMENT THEREOF FOR THE PROMOTION, DEVELOPMENT AND ADVANCEMENT OF THE WELFARE OF THE STATE UNIVERSITY OF NEW YORK AT ALBANY ("UNIVERSITY"), ITS STUDENTS, FACULTY, STAFF AND ALUMNI, AND ANY OTHER ORGANIZATION, QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE AND ITS REGULATIONS, WHICH HAS AMONG ITS CORPORATE PURPOSES PROVIDING ASSISTANCE TO THE UNIVERSITY. 37 34 174 10497 4589 6054140 6723941 451418 990376 434080 1221112 34251 629922 6973889 9565351 888890 947034 0 1094679 1146731 0 510964 5841427 2775686 7824996 4869451 -851107 4695900 54225671 61874950 2397500 2166747 51828171 59708203 X THE MISSION OF THE UNIVERSITY AT ALBANY FOUNDATION IS TO ENCOURAGE, SOLICIT, RECEIVE, ACCEPT, HOLD, INVEST, AND MANAGE MONEY AND PROPERTY OF EVERY DESCRIPTION, AND THE DISBURSEMENT THEREOF FOR THE PROMOTION, DEVELOPMENT AND ADVANCEMENT OF THE WELFARE OF THE STATE UNIVERSITY OF NEW YORK AT ALBANY ("UNIVERSITY"), ITS STUDENTS, FACULTY, STAFF AND ALUMNI, AND ANY OTHER ORGANIZATION, QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE AND ITS REGULATIONS, WHICH HAS AMONG ITS CORPORATE PURPOSES PROVIDING ASSISTANCE TO THE UNIVERSITY. true false 3662022 947034 549769 HIGHER EDUCATION PROGRAM - ADMINISTER FUNDS FOR THE PROMOTION, DEVELOPMENT AND ADVANCEMENT OF THE WELFARE OF THE UNIVERSITY AT ALBANY, SUNY, ITS STUDENTS, FACULTY, STAFF AND ALUMNI. SCHOLARSHIP SUPPORT WAS PROVIDED TO OVER 775 STUDENTS. 440607 ADMINISTRATIVE SERVICES - PROVIDE MANAGEMENT AND ACCOUNTING SERVICES TO ORGANIZATIONS WHOSE PURPOSE IS TO ADVANCE THE EDUCATIONAL AND RESEARCH MISSION OF THE STATE UNIVERSITY OF NEW YORK AND THE STATE UNIVERSITY OF NEW YORK AT ALBANY. 3662022 true true false false false false false true false true true true false false true true false true false false true false false false true false false true true true false false false false false false false true true true false false false true true true true false true 182 0 true 174 true true true false false false false true true false false false false false false X 37 34 true false false false true true false true true false false true true true true true true true true false NY AK AR CA CO DC HI KY ME MD MA MI MN NH NJ OH OK OR PA SC UT VA WA WV WI X X RICHARD MCGINN JR 5184375090 1400 WASHINGTON AVENUE UAB 226 ALBANY NY 12222 FARDIN SANAI 5.00 1.00 X X 11095 0 0 GEORGE PHILIP 1.00 1.00 X 3655 0 0 GEORGE HEARST III 1.00 1.00 X X 0 0 0 MORRIS MASSRY 1.00 1.00 X X 0 0 0 DANIEL HOGARTY JR 1.00 1.00 X X 0 0 0 MEG PICOTTE MACCLARENCE 1.00 X X 0 0 0 NOLAN ALTMAN 1.00 X 0 0 0 NICHOLAS ANACREONTE 1.00 X 0 0 0 THEODORE ANDERSON III 1.00 X 0 0 0 JEFFREY BLACK 1.00 X 0 0 0 PETER BULGER 1.00 X 0 0 0 MICHAEL CASTELLANA 1.00 X 0 0 0 LOUIS DESORBO 1.00 X 0 0 0 KIMBERLY SANGER JONES 1.00 X 0 0 0 ELDA DI RE 1.00 X 0 0 0 CARL FLORIO 1.00 X 0 0 0 RICHARD GREEN 1.00 X 0 0 0 GARY JACOBSON 1.00 X 0 0 0 ALAIN KALOYEROS 1.00 X 0 0 0 SHARON KANTOR 1.00 X 0 0 0 MICHAEL BORYS 1.00 X 0 0 0 JOHN NAUMANN 1.00 X 0 0 0 JOAN ROSENTHAL 1.00 X 0 0 0 ROBERT SCHWARTZ 1.00 X 0 0 0 THOMAS SELFRIDGE 1.00 X 0 0 0 SUSAN SHIPHERD 1.00 X 0 0 0 BRIAN STRAUGHTER 1.00 X 0 0 0 EDWARD SWYER 1.00 1.00 X 0 0 0 KATHLEEN DENNIS 1.00 X 0 0 0 LEWIS WIENER 1.00 X 0 0 0 ROANNE KULAKOFF 1.00 X 0 0 0 EMAD ZIKRY 1.00 X 0 0 0 STEPHEN BEDITZ 1.00 1.00 X 0 0 0 CANON KAY HOTALING 1.00 X 0 0 0 DONALD PUTTERMAN 1.00 X 0 0 0 WILLIAM LANFORD 1.00 X 0 0 0 OMAR USMANI 1.00 X 0 0 0 ROBERT JONES 1.00 1.00 X 0 0 0 JEFFREY JONES 37.50 7.50 X 147013 0 15842 161763 15842 1 false true false ARAMARK FACILITY SERVICES CORP 24818 NETWORK PLACE CHICAGO IL 60673 FACILITY MGMT 909391 PICOTTE MANAGEMENT CO 20 CORPORATE BLVD SUITE 600 ALBANY NY 12211 FACILITY MGMT 177087 ISAACSON MILLER INC 263 SUMMER ST BOSTON MA 02210 CONSULTING 106876 3 210801 116348 6396792 300706 6723941 PROGRAM ACTIVITIES 611710 549769 549769 ADMINISTRATIVE FEE INCOME 561000 440607 440607 990376 930870 10497 920373 31147 31147 1424794 774490 650304 650304 650304 4097652 645000 3906286 546124 191366 98876 290242 290242 108213 210801 159742 -51529 -51529 9565351 990376 10497 1840537 X 153877 153877 793157 793157 186301 8588 165003 12710 777262 417000 209466 150796 38297 12529 20947 4821 65402 11481 37772 16149 79469 34280 26718 18471 11519 11519 49050 49050 131092 131092 470600 442245 3350 25005 13740 13740 202762 200143 83 2536 28809 26755 1709 345 1643 1643 26518 26518 SUPPLIES AND SERVICES 354774 315659 13109 26006 AWARDS 334722 334722 MEALS AND ENTERTAINMENT 326751 326751 MAILING AND POSTAGE 151360 9461 129 141770 672346 559991 112355 4869451 3662022 696465 510964 919469 459358 5281461 6583750 4131462 3449208 235406 22864 423097 468814 7018189 2361281 3678194 4656908 27814274 30843129 9540008 13188619 2202300 2202300 54225671 61874950 883536 647246 798019 947505 653026 522356 62919 49640 2397500 2166747 X 9214753 12847710 10248484 12245030 32364934 34615463 51828171 59708203 54225671 61874950 X 4695900 3189132 -5000 X false true X true false X 4529068 6350581 4998070 6054140 6723941 28655800 4529068 6350581 4998070 6054140 6723941 28655800 28655800 9028250 8255530 9065115 7514422 2376314 36239631 14363 4589 18952 112619 91331 108213 312163 65226546 2404722 0.43930 0.40270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2202300 X X X false 35190378 2790086 3284055 463292 523078 40278149 35453559 1913369 -1437381 352781 386388 35190378 29523196 1793821 4990344 395965 457837 35453559 24764327 2679372 2781043 344597 356949 29523196 26781516 3838833 -5259539 361786 234697 24764327 0.14060 0.85940 false false 284864 284864 5821605 2359551 3462054 1730 1730 909990 909990 4656908 LIMITED PARTNERSHIPS 12920148 F BENEFICIAL INTEREST TRUSTS 268471 F 13188619 LIABILITIES UNDER SPLIT INTEREST AGR 49640 49640 X 19864390 3189132 6747374 9936506 9927884 131092 -493625 -362533 9565351 13448035 8709676 8709676 4738359 131092 131092 4869451 COLLECTIONS AND RELATION TO EXEMPT PURPOSE SCHEDULE D, PAGE 2, PART III, LINE 4 THE FOUNDATION'S ART AND HISTORICAL COLLECTION CONSISTS OF PAINTINGS, PHOTOGRAPHS, BOOKS, HISTORICAL PAPERS AND MEDIA. THE COLLECTION ADDS TO THE SCHOLARLY RESOURCES AND EXHIBITS AVAILABLE AT THE UNIVERSITY AT ALBANY'S ART MUSEUM AND LIBRARIES FOR THE BENEFIT OF ITS STUDENTS AND FACULTY. INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS ARE HELD TO BENEFIT THE UNIVERSITY AT ALBANY. ENDOWMENT FUNDS ARE INVESTED TO MAXIMIZE INVESTMENT RETURN WHILE PRESERVING THE INFLATION-ADJUSTED PURCHASING POWER OF THE PORTFOLIO. THIS SHOULD PROVIDE A RELATIVELY PREDICTABLE, CONSTANT AND STABLE STREAM OF FUNDS FOR CURRENT USE. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS LIKELY OF BEING REALIZED UPON SETTLEMENT. CHANGES IN RECOGNITION IN MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. THE FOUNDATION DID NOT RECOGNIZE THE EFFECT OF ANY UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2013 OR 2012. REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 2D CONSOLIDATED ENTITY ACTIVITY - UABDC 6,747,374 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL REAL ESTATE EXPENSES -774,490 DIRECT EXPENSES FOR FUNDRAISING EVENTS -159,742 REV ON RETURN ELIMINATED IN CONSOLIDATION ON FINANCIALS 440,607 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL REAL ESTATE EXPENSES 774,490 DIRECT EXPENSES FOR FUNDRAISING EVENTS 159,742 PROVISION FOR UNCOLLECTIBLE PLEDGES 5,000 CONSOLIDATED ENTITY ACTIVITY - UABDC 7,770,444 CARIBBEAN INVESTMENTS 5905000 5905000 true false true true false false ACTIVITIES PER REGION SCHEDULE F, PAGE 1, PART I, LINE 3 CARIBBEAN 0 5,905,000 CITIZEN LAUREAT 214975 170015 44960 1207 40701 47222 9613 ATHLETICS GOLF 104039 40786 63253 56313 2340 2346 319014 210801 108213 1207 97014 49562 11959 159742 -51529 true ALBANY COLLEGE INTERFAITH CENTER UNIVERSITY AT ALBANY CHAPEL HOUSE ALBANY NY 12222 141710033 3 12500 GENERAL SUPPORT STATE UNIV OF NEW YORK AT ALBANY 1400 WASHINGTON AVE ALBANY NY 12222 147400260 GOV 91377 FMV EQUIPMENT EQUIP CONTRIBUTION STRONG ARM TECHNOLOGIES 125 TECH PARK DR ROCHESTER NY 14623 455031854 25000 PRIZE WORDSEYE INC 548 KNICKERBOCKER RD TENAFLY NJ 07670 800932274 25000 PRIZE 2 2 SCHOLARSHIPS 775 793157 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION'S PURPOSE IS TO SUPPORT THE STATE UNIVERSITY OF NEW YORK AT ALBANY (UNIVERSITY), ITS STUDENTS, FACULTY, AND OTHER ORGANIZATIONS WHO PROVIDE ASSISTANCE TO THE UNIVERSITY. NO SUPPORT IS GIVEN BY THE FOUNDATION TO ANY INDIVIDUAL OR ORGANIZATION WHO IS NOT THE UNIVERSITY, A STUDENT OR FACULTY OF THE UNIVERSITY, OR AN ORGANIZATION WHO DOES NOT PROVIDE ASSISTANCE TO THE UNIVERSITY. SCHOLARSHIP RECIPIENTS ARE MONITORED EACH SEMESTER BY THE UNIVERSITY'S FINANCIAL AID OFFICE FOR COMPLIANCE WITH FOUNDATION, STATE AND FEDERAL REQUIREMENTS. ALL GRANT FUNDS ARE USED IN THE UNITED STATES. X true true X false false false false false false false false false JEFFREY JONES 147013 14683 1159 162855 FRINGE OR EXPENSE EXPLANATION SCHEDULE J, PAGE 1, PART I, LINE 1A THE FOUNDATION PAID SOCIAL CLUB DUES FOR FARDIN SANAI (EXECUTIVE DIRECTOR), GEORGE PHILIP (DIRECTOR), AND ROBERT JONES (DIRECTOR). THE DUES HAVE BEEN REPORTED AS TAXABLE COMPENSATION. MEG PICOTTE MACCLARENCE DIRECTOR 121053 FACILITY MANAGEMENT false GEORGE PHILIP DIRECTOR 489879 BANK LOAN PAYMENTS false GEORGE PHILIP DIRECTOR 12928 BANK INTEREST false CARL FLORIO DIRECTOR 489879 BANK LOAN PAYMENTS false CARL FLORIO DIRECTOR 12928 BANK INTEREST false X 15 154706 FAIR VALUE X 1 146000 INDEPENDENT APPRAISAL 1 false true false SUPPLEMENTAL INFORMATION SCHEDULE M, PAGE 2, PART II PART I, COLUMN (B) - THE NUMBER OF CONTRIBUTIONS ARE REPORTED IN PART I, COLUMN (B). ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE UNIVERSITY AT ALBANY FOUNDATION IS TO ENCOURAGE, SOLICIT, RECEIVE, ACCEPT, HOLD, INVEST, AND MANAGE MONEY AND PROPERTY OF EVERY DESCRIPTION, AND THE DISBURSEMENT THEREOF FOR THE PROMOTION, DEVELOPMENT AND ADVANCEMENT OF THE WELFARE OF THE STATE UNIVERSITY OF NEW YORK AT ALBANY ("UNIVERSITY"), ITS STUDENTS, FACULTY, STAFF AND ALUMNI, AND ANY OTHER ORGANIZATION, QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE AND ITS REGULATIONS, WHICH HAS AMONG ITS CORPORATE PURPOSES PROVIDING ASSISTANCE TO THE UNIVERSITY. ANY SIGNIFICANT NEW PROGRAM SERVICES NOT LISTED ON A PRIOR RETURN FORM 990, PAGE 2, PART III, LINE 2 THE FOUNDATION PROVIDES MANAGEMENT AND ACCOUNTING SERVICES TO NONPROFIT ORGANIZATIONS WHOSE PURPOSE IS TO ADVANCE THE EDUCATIONAL AND RESEARCH MISSION OF THE STATE UNIVERSITY OF NEW YORK AND THE UNIVERSITY AT ALBANY. RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 CARL FLORIO GEORGE PHILIP DIRECTOR DIRECTOR BUSINESS RELATIONSHIP CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE THE DIRECTORS OF THE CORPORATION. THE MEMBERS SHALL HAVE ALL RIGHTS OF MEMBERS AS SPECIFIED IN THE NEW YORK STATE NOT-FOR-PROFIT CORPORATION LAW. THE DIRECTORS OF THE BOARD SHALL CONSIST OF ELECTED AND EX OFFICIO DIRECTORS. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A DIRECTORS ARE ELECTED AS FOLLOWS: 5 MEMBERS FROM PERSONS NOMINATED BY THE ALUMNI ASSOCIATION BOARD; 1 MEMBER FROM PERSONS NOMINATED BY THE BENEVOLENT ASSOCIATION BOARD; 10 MEMBERS FROM PERSONS NOMINATED BY THE UNIVERSITY PRESIDENT; 3 MEMBERS, WHO ARE MEMBERS OF THE UNIVERSITY'S FACULTY, FROM PERSONS NOMINATED BY THE UNIVERSITY PRESIDENT; 1 MEMBER WHO IS A MEMBER OF THE UNIVERSITY'S STUDENT BODY, FROM PERSONS NOMINATED BY THE UNIVERSITY PRESIDENT; 30 AT-LARGE MEMBERS FROM PERSONS NOMINATED BY THE BOARD. EACH DIRECTOR, INCLUDING THE EX OFFICIO DIRECTORS, SHALL HAVE THE SAME POWERS AND ONE VOTE ON ANY MATTERS BEFORE THE BOARD, EXCEPT THE EXECUTIVE DIRECTOR OF THE CORPORATION, WHO SHALL HAVE NO VOTE. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES A DRAFT OF FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. THE AUDIT COMMITTEE MEETS TO COMMENT ON FORM 990 AND ANY REVISIONS WILL BE DISCUSSED AT THAT TIME. A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS) WAS PROVIDED TO EACH VOTING MEMBER OF THE BOARD BEFORE ITS FILING WITH THE IRS. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ANY NEW DIRECTOR, OFFICER OR EMPLOYEE OF THE FOUNDATION IS ADVISED OF THE CONFLICTS OF INTEREST POLICY UPON ENTERING THE DUTIES OF OFFICE OR EMPLOYMENT. ANY DUALITY OF INTEREST ON THE PART OF ANY DIRECTOR OR OFFICER SHALL BE DISCLOSED TO THE BOARD OF DIRECTORS, AND MADE A MATTER OF RECORD THROUGH AN ANNUAL PROCEDURE AND ALSO WHEN THE INTEREST BECOMES A MATTER OF DIRECTOR OR OFFICER ACTION. IN GENERAL, A DIRECTOR'S OR OFFICER'S CONFLICT WILL BE CLEARED OF ANY CONSEQUENCE BY, FIRST, FULL DISCLOSURE AND, SECOND, APPROVAL OR RATIFICATION OF THE SUBJECT ACTION BY A DISINTERESTED MAJORITY OF DIRECTORS. ANY DIRECTOR HAVING A DUALITY OF INTEREST SHALL NOT VOTE OR USE PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING AND THE QUORUM SITUATION. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION AT THE TIME OF HIRING IS BASED ON DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. COMPENSATION AND WAGE INCREASES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THE BUDGET PROCESS. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION AT THE TIME OF HIRING IS BASED ON DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. COMPENSATION AND WAGE INCREASES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THE BUDGET PROCESS. STATES WHERE COPY OF RETURN IS FILED FORM 990, PAGE 6, PART VI, LINE 17 NEW HAMPSHIRE, NEW JERSEY, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, SOUTH CAROLINA, UTAH, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ORGANIZATIONAL DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS OWN WEBSITE AND UPON REQUEST. OTHER EXPENSES FORM 990, PART IX, LINE 24E SPECIAL EVENTS 137,970 0 0 COMPUTER SUPPLIES AND SER 125,667 0 0 DONOR CULTIVATION 0 0 112,355 PRINTING 111,604 0 0 BOOKS AND PUBLICATIONS 69,303 0 0 RENTAL, REPAIR, AND MAINT 63,785 0 0 DUES, MEMBERSHIPS AND FEE 48,361 0 0 TELEPHONE 3,301 0 0 ADDITIONAL INFORMATION FORM 990, PART XI PROVISION FOR UNCOLLECTIBLE PLEDGES - (5,000) UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION 1400 WASHINGTON AVE UAB 226 ALBANY NY 12222 364619281 REAL ESTAT NY 501C25 UNIVERSITY AT ALBANY FOUNDATION true false false false false false false false false false false false false false false true false true true false UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION O 305010 ALLOCATION HOURS WORKED UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION Q 246996 ACTUAL UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION R 251556 ACTUAL