2013-03-01T13:08:44-06:00 2012-08-31 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2011-09-01 237194187 SCHENECTADY COUNTY COMMUNITY COLLEGE FOUNDATION INC SCHE 5183811324 78 WASHINGTON AVENUE SCHENECTADY NY 12305 MICHAEL WOLLMAN 5183811324 2013-02-16 1 TIMOTHY A REYNOLDS CPA P00971233 5187850134 2011 2016-02-25 16:41:14Z MICHAEL WOLLMAN 78 WASHINGTON AVENUE SCHENECTADY NY 12305 1428439 0 X WWW.SUNYSCCC.EDU X 1972 NY THE SCCC FOUNDATION EXISTS TO RAISE FUNDS THAT ADVANCE AND SUPPORT THE COLLEGE'S MISSION TO ENSURE STUDENT SUCCESS.TO FULFILL ITS MISSION, THE FOUNDATION WILL IDENTIFY AND STRENGTHEN PRIVATE AND PUBLIC RELATIONSHIPS THAT PROMOTE AND SUSTAIN THE COLLEGE AND ITS COMMUNITY.THESE RELATIONSHIPS ENABLE THE FOUNDATION TO CREATE OPPORTUNITIES FOR STUDENTS THROUGH SCHOLARSHIPS, INVESTING IN FACULTY DEVELOPMENT, ENHANCING FACILITIES AND CAPITAL IMPROVEMENT. 22 22 0 0 0 0 321196 632281 0 0 141086 91515 104809 96969 567091 820765 180669 245234 0 0 97714 96756 0 0 49780 138905 213078 417288 555068 149803 265697 4509467 5017959 160548 244091 4348919 4773868 THE FOUNDATION'S VISION IS TO PROVIDE FINANCIAL SUPPORT FOR ALL STUDENTS WHOSE GOAL IS TO OBTAIN A QUALITY EDUCATION, WHICH WILL ENRICH OUR COMMUNITY WITH A WELL-PREPARED CITIZENRY AND WORKFORCE. 0 0 245234 1963 SCHOLARSHIPS AND AWARDS-TO RENDER FINANCIAL ASSISTANCE TO STUDENTS, FACULTY AND ADMINISTRATION 131032 PAYMENTS TO AFFILIATES (THE COLLEGE) TO SUPPORT EDUCATIONAL ACTIVITIES AND PROFESSIONAL DEVELOPMENT. 376266 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 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 22 22 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 1.00 X 0 0 0 BETTY CAROL BARLYN 1.00 X 0 0 0 GARY E HUGHES 1.00 X 0 0 0 BARBARA BISHOP WARD 1.00 X 0 0 0 TED POTRIKUS 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 ROBERT E RUGGERI 1.00 X 0 0 0 CEIL S MACK 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 DIANE SMITH FAUBION 1.00 X 0 0 0 RACHEL A ZIMOLKA MPA 1.00 X 0 0 0 RICHARD KOTLOW 1.00 X 0 0 0 JEANNE MALOY 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 MICHAEL TOBIN 1.00 X 0 0 0 DR QUINTIN B BULLOCK 1.00 X 0 0 0 FRANK CASLER CFP 1.00 X 0 0 0 0 0 0 0 0 0 0 0 21047 611234 632281 98811 98811 546384 553680 -7296 -7296 -7296 149000 21047 53994 95006 95006 MAINTENANCE REVENUE 900099 1963 1963 1963 820765 1963 0 186521 245234 245234 64041 64041 32715 32715 7422 7422 12411 12411 3481 3481 131032 131032 OTHER ADMINSTRATIVE EXP 30004 30004 PROFESSIONAL 20374 20374 PRINTING 11729 11729 DONOR RELATIONS 6167 6167 -9542 2262 -11804 555068 376266 129022 49780 929558 1087325 102114 227783 3477795 3702851 4509467 5017959 100548 189055 60000 55036 160548 244091 X 2806002 3019566 796478 981775 746439 772527 4348919 4773868 4509467 5017959 X 265697 159252 X X 0 1 1 X 0 X 586650 405813 366998 318686 632281 2310428 586650 405813 366998 318686 632281 2310428 101586 2208842 122080 122820 91416 141086 91515 568917 2913 2297 1446 1769 1963 10388 2889733 405461 0.76440 0.74580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 509616 F CASH FUNDS 198020 F MUTUAL FUNDS 794180 F SECURITIES 2201035 F 3702851 820765 555068 265697 159252 159252 424949 1213269 159252 179258 53994 392504 820765 0 820765 788320 179258 53994 233252 555068 0 555068 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2012, 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 2009. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 53,994. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE 53,994. X X X X X X 1 CAPITAL AFFAIRS 90 STATE STREET ALBANY NY 12207 EVENT PLANNER 0 149000 16163 132837 149000 16163 132837 CONCERT/RECEPTION 88342 11547 76795 21688 DINNER 81705 9500 72205 16235 16071 170047 21047 149000 16235 37759 53994 95006 0 SCHOLARSHIPS 236 245234 X AUDIT 1 11077 FMV X ADVERTISING 1 12000 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 159,252. 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 1 0 1 1 1 0 0 0