2013-04-10T09:16:27-05:00 2012-06-30 200268717 FUOCO GROUP LLP 200 PARKWAY DRIVE S STE 302 HAUPPAUGE NY 11788 990 2011-07-01 237046497 STATE UNIVERSITY OF NEW YORK COLLEGE AT FARMINGDALE FOUNDATION STAT 6314202568 2350 BROADHOLLOW ROAD HORTON HALL NO 120 FARMINGDALE NY 11735 RICHARD S OVERTON 6314202568 2013-04-02 1 DONALD P MUSGNUG CPA P00500819 6313601700 2013-03-01 2011 2016-02-25 16:41:14Z X RICHARD S OVERTON 2350 BROADHOLLOW ROAD HORTON HALL NO 120 FARMINGDALE NY 11735 2140942 0 X WWW.FARMINGDALE.EDU/PRESIDENT/DEVELOPMENT-CORPORA X 1954 NY TO PROVIDE EDUCATIONAL RELATED SERVICES 26 26 17 0 0 0 1636485 1661194 113666 104906 27506 15134 143677 222797 1921334 2004031 0 0 0 0 81152 96375 0 0 76582 855055 972750 936207 1069125 985127 934906 5593590 6554890 29748 96035 5563842 6458855 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 171006 SCHOLARSHIPS AND AWARDS ARE PROVIDED TO STUDENTS FACULTY AND STAFF MEMBERS WHO HAVE EXHIBITED OUTSTANDING ACHIEVEMENTS AND/OR NEED TO FURTHER THEIR EDUCATIONAL LEVEL. 583571 104906 DONATIONS TO CAMPUS PROGRAMS ARE FUNDED TO HELP PROVIDE EDUCATION OR EDUCATIONAL RELATED SERVICES TO STUDENTS, FACULTY & STAFF THAT MAY NOT HAVE ADEQUATE FUNDING. 754577 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 2 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 6314202568 2350 BROADHOLLOW ROAD HORTON HALL FARMINGDALE NY 11735 LINDA AMPER 1.00 X 0 0 0 MICHAEL BENDER 1.00 X 0 0 0 THOMAS W BOGUE 1.00 X 0 0 0 RICHARD A CATALANO 1.00 X 0 0 0 ALAN H COOPER 1.00 X 0 0 0 JASON GOLDEN 1.00 X 0 0 0 ANDREAS G GILL 1.00 X 0 0 0 WAYNE N GROSSE 1.00 X 0 0 0 CAROL ANN HASENSTAB 1.00 X 0 0 0 CHRISTOPHER J KUTNER 1.00 X 0 0 0 MICHAEL J LIGUORI 1.00 X 0 0 0 JUDITH M MCEVOY 1.00 X 0 0 0 PATRICIA M MCMAHON 1.00 X 0 0 0 JOHN J MOLLOY 1.00 X 0 0 0 RICHARD S POVAK 1.00 X 0 0 0 ROBERT REED 1.00 X 0 0 0 THERESA M SANTMANN 1.00 X 0 0 0 GARRY J SCHWALL 1.00 X 0 0 0 FRED SKOLNIK 1.00 X 0 0 0 ROBERT L VAN NOSTRAND 1.00 X 0 0 0 W HUBERT KEEN 2.00 X 0 173125 0 RICHARD S OVERTON 5.00 X 0 0 0 ROBERT C GODFREY 2.00 X 0 0 0 JOHNATHAN MARCUS 1.00 X 0 0 0 MICHAEL O'ROURKE 2.00 X 0 0 0 HENRY SIKORSKI 15.00 X 0 131867 0 0 304992 0 0 0 1 0 0 1661194 707953 1661194 BUSINESS OUTREACH 900099 104906 104906 104906 15134 15134 359708 136911 222797 222797 2004031 104906 0 237931 96375 19793 76582 18000 18000 8279 8279 3104 3104 8647 8647 SUPPORT OF CAMPUS PROGR 538144 538144 SCHOLARSHIPS AND AWARDS 171006 171006 BUSINESS OUTREACH 118117 118117 HORTICULTURE 45427 45427 62026 62026 1069125 754577 237966 76582 4798201 5333098 6016 6043 13550 16228 18984 20572 18300 18300 0 0 756839 1178949 5593590 6554890 25048 36150 4700 59885 29748 96035 X 1189808 1493181 3066806 3012852 1307228 1952822 5563842 6458855 5593590 6554890 X 934906 -39893 X X 0 1 1 X 0 X 471013 927941 635624 1390833 1661194 5086605 255723 177501 400438 143677 222797 1200136 726736 1105442 1036062 1534510 1883991 6286741 0 0 0 6286741 114019 49632 30960 27506 15134 237251 114019 49632 30960 27506 15134 237251 840755 1155074 1067022 1562016 1899125 6523992 0.96360 0.93590 0.03640 0.06410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1307228 645594 1952822 970434 336794 1307228 899688 70746 970434 793686 106002 899688 0 0 18300 18300 0 0 EQUIPMENT ON LOAN TO COLLEGE 1178949 1178949 REFUNDABLE ADVANCES 59885 59885 2004031 1069125 934906 -39893 -39893 895013 2140942 136911 136911 2004031 0 2004031 1206036 136911 136911 1069125 0 1069125 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 PROVISION OF A LIABILITY UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 (FORMERLY FIN INTERPRETATION NO. 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER ASC 740-10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS 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 JURISDICTIONS WHEN IT IS REQUIRED. THE FOUNDATION'S INFORMATION RETURNS ARE SUBJECT TO REVIEW BY THE APPROPRIATE AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE OF FILING. CURRENTLY, THE RETURNS FOR THE YEARS ENDING JUNE 30, 2009 AND SUBSEQUENT, ARE SUBJECT TO REVIEW. FOR THE YEAR ENDED JUNE 30, 2012, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 136,911. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 136,911. MULTIPLE 359708 359708 136911 359708 359708 136911 136911 222797 0 SCHOLARSHIPS AND AWARDS 239 171006 0 0 0 0 0 0 0 0 0 W HUBERT KEEN 0 173125 0 0 0 0 0 0 0 0 0 173125 0 0 X EQUIPMENT 4 707953 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE 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 SCHEDULED BOARD 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 FREQUENTLY REVIEWS THE POLICY. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION FOR CLERICAL EMPLOYEES. ORGANIZATION FOLLOWS THE SUNY GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -39,893. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE OVERSEES THE AUDIT AND IS RESPONSIBLE FOR SELECTION OF INDEPENDENT AUDITOR. SUNY FARMINGDALE MELVILLE ROAD FARMINGDALE NY 11735 146013200 STATE UNIVERSITY NY 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 SUNY - FARMINGDALE M 1178949 NET VALUE OF EQUIPMENT