UNIVERSITY AT ALBANY FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY AT ALBANY FOUNDATION (EIN 14-1503972)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-01
- IRS object ID
- 201210619349302021
- Schema version
- 2010v3.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-01T11:56:32-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 755 MAIN STREET | AddressLine1 |
| City | HARTFORD | City |
| State | CT | State |
| ZIP Code | 06103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141503972 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY AT ALBANY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 5184375090 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVENUE | AddressLine1 |
| Address Line2 | ROOM/SUITE UAB226 | AddressLine2 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12222 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FARDIN SANAI | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 5184375090 | Phone |
| Date Signed | 2012-02-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KOENRAAD VREDEVELD | Name |
| Phone | 8605223200 | Phone |
| Date Prepared | 2012-03-01 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FARDIN SANAI EXECUTIVE DIRECTOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVENUE UAB 226 | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12222 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27119570 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ALBANY.EDU/UAFOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1967 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 149 | TotalNbrEmployees |
| Total Gross UBI | 17271 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 14363 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6350581 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4998070 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 338175 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 361509 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -714892 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1076632 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -1380843 | OtherRevenuePriorYear |
| Other Revenue Current Year | -1053921 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4593021 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5382290 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 539690 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 591359 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 977348 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 992638 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 434118 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2098116 | OtherExpensePriorYear |
| Other Expenses Current Year | 2943524 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3615154 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4527521 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 977867 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 854769 | RevenuesLessExpensesCY |
| Total Assets BOY | 104282640 | TotalAssetsBOY |
| Total Assets EOY | 108800134 | TotalAssetsEOY |
| Total Liabilities BOY | 12849081 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11922934 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 91433559 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 96877200 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 2724416 | Expense |
| Grants | 591359 | Grants |
| Revenue | 390366 | Revenue |
| Description | 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 500 STUDENTS. | Description |
| Total Program Service Expense | 2724416 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | true | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 150 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 149 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEFFREY JONES | NamePerson |
| Telephone Number | 5184375090 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVENUE UAB 226 | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12222 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| FARDIN SANAI | ||||||
| EXECUTIVE DI | 37.50 | X | X | 9415 | 0 | 0 |
| GEORGE PHILIP | ||||||
| DIRECTOR | 37.50 | X | 3078 | 0 | 0 | |
| GEORGE HEARST III | ||||||
| DIRECTOR | X | X | 0 | 0 | 0 | |
| MORRIS MASSRY | ||||||
| VICE PRESIDE | X | X | 0 | 0 | 0 | |
| DANIEL HOGARTY JR | ||||||
| TREASURER | X | X | 0 | 0 | 0 | |
| MEG PICOTTE MACCLARENCE | ||||||
| SECRETARY | X | X | 0 | 0 | 0 | |
| NOLAN ALTMAN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| NICHOLAS ANACREONTE | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| THEODORE ANDERSON III | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| JEFFREY BLACK | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| PETER BULGER | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| MICHAEL CASTELLANA | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| KENNETH DEMERJIAN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| EDWARD DEMSKE | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| ELDA DI RE | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| CARL FLORIO | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| RICHARD GREEN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| GARY JACOBSON | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| ALAIN KALOYEROS | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| SHARON KANTOR | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| JEFFREY MISHKIN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| JOHN NAUMANN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| JOAN ROSENTHAL | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| ROBERT SCHWARTZ | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| THOMAS SELFRIDGE | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| SUSAN SHIPHERD | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| BRIAN STRAUGHTER | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| EDWARD SWYER | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| VIJAY VAIDYANATHAN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| JACOB WALTHOUR JR | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| EVAN ZAHN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| EMAD ZIKRY | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| STEPHEN BEDITZ | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| CANON KAY HOTALING | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| DONALD PUTTERMAN | ||||||
| DIRECTOR | X | 0 | 0 | 0 | ||
| JEFFREY JONES | ||||||
| CHIEF FINANC | 37.50 | X | 142221 | 0 | 15448 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 154714 | TotalReportableCompFromOrg |
| Total Other Compensation | 15448 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ARAMARK FACILITY SERVICES CORP | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | FACILITY MGMT | 2476589 |
| PICOTTE MANAGEMENT CO | |||||
| 20 CORPORATE BLVD SUITE 600 | ALBANY | NY | 12211 | FACILITY MGMT | 315122 |
| BBL CONSTRUCTION SERVICES LLC | |||||
| 302 WASHINGTON AVE EXT | ALBANY | NY | 12212 | CONSTRUCTION | 192101 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 217567 | FundraisingEvents |
| Government Grants | 44905 | GovernmentGrants |
| All Other Contributions | 4735598 | AllOtherContributions |
| Noncash Contributions | 283884 | NoncashContributions |
| Total Contributions | 4998070 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM ACTIVITIES | Description |
| Total Revenue Column | 361509 | TotalRevenueColumn |
| Exclusion | $361,509 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 361509 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 668420 | TotalRevenueColumn |
| Unrelated Business Revenue | 17271 | UnrelatedBusinessRevenue |
| Exclusion | $651,149 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28857 | TotalRevenueColumn |
| Exclusion | $28,857 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 8385109 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 9467887 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -1082778 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1082778 | TotalRevenueColumn |
| Exclusion | -$1,082,778 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12564986 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12156774 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 408212 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 408212 | TotalRevenueColumn |
| Exclusion | $408,212 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 112619 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 217567 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 112619 | FundraisingDirectExpenses |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5382290 | TotalRevenueColumn |
| Unrelated Business Revenue | 17271 | UnrelatedBusinessRevenue |
| Exclusion | $366,949 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104397 | Total |
| Program Services | 104397 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 486962 | Total |
| Program Services | 486962 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174593 | Total |
| Program Services | 3186 | ProgramServices |
| Management And General | 161025 | ManagementAndGeneral |
| Fundraising | 10382 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 653672 | Total |
| Program Services | 260420 | ProgramServices |
| Management And General | 209792 | ManagementAndGeneral |
| Fundraising | 183460 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41398 | Total |
| Program Services | 11778 | ProgramServices |
| Management And General | 19958 | ManagementAndGeneral |
| Fundraising | 9662 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47288 | Total |
| Program Services | 11361 | ProgramServices |
| Management And General | 28953 | ManagementAndGeneral |
| Fundraising | 6974 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75687 | Total |
| Program Services | 24349 | ProgramServices |
| Management And General | 33157 | ManagementAndGeneral |
| Fundraising | 18181 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2694 | Total |
| Management And General | 2694 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104801 | Total |
| Management And General | 104801 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 301653 | Total |
| Program Services | 253745 | ProgramServices |
| Management And General | 36855 | ManagementAndGeneral |
| Fundraising | 11053 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15846 | Total |
| Program Services | 15846 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216504 | Total |
| Program Services | 210764 | ProgramServices |
| Management And General | 142 | ManagementAndGeneral |
| Fundraising | 5598 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30164 | Total |
| Program Services | 26433 | ProgramServices |
| Management And General | 2091 | ManagementAndGeneral |
| Fundraising | 1640 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 740 | Total |
| Management And General | 740 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18707 | Total |
| Management And General | 18707 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|---|
| PROPERTY CONVEYED | 741532 | 741532 | ||
| AWARDS | 339865 | 339865 | ||
| MEALS AND ENTERTAINMENT | 321971 | 321971 | ||
| SUPPLIES AND SERVICES | 258414 | 8397 | 224790 | 25227 |
| COMPUTER SUPPLIES AND SER | 122734 | 122734 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 467899 | Total |
| Program Services | 305815 | ProgramServices |
| Management And General | 143 | ManagementAndGeneral |
| Fundraising | 161941 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4527521 | Total |
| Program Services | 2724416 | ProgramServices |
| Management And General | 1368987 | ManagementAndGeneral |
| Fundraising | 434118 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6623900 | BOY |
| EOY | 8082238 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3954659 | BOY |
| EOY | 3688558 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 282714 | BOY |
| EOY | 122198 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 457335 | BOY |
| EOY | 345285 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 76799084 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 19839287 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60087360 | BOY |
| EOY | 56959797 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18410713 | BOY |
| EOY | 28552687 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12323659 | BOY |
| EOY | 8904071 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2142300 | BOY |
| EOY | 2145300 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104282640 | BOY |
| EOY | 108800134 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1125082 | BOY |
| EOY | 1013736 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8319262 | BOY |
| EOY | 7922230 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1451227 | BOY |
| EOY | 1132936 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 912554 | BOY |
| EOY | 783312 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1040956 | BOY |
| EOY | 1070720 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12849081 | BOY |
| EOY | 11922934 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56276749 | BOY |
| EOY | 55234462 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8254982 | BOY |
| EOY | 10864446 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26901828 | BOY |
| EOY | 30778292 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91433559 | BOY |
| EOY | 96877200 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104282640 | BOY |
| EOY | 108800134 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 854769 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4588872 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9392956 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6318395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4529068 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6350581 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4998070 | CurrentTaxYear |
| Total | 31589070 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9392956 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6318395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4529068 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6350581 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4998070 | CurrentTaxYear |
| Total | 31589070 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 31589070 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7347210 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7827316 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9028250 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8255530 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9065115 | CurrentTaxYear |
| Total | 41523421 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 14363 | CurrentTaxYear |
| Total | 14363 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 112619 | CurrentTaxYear |
| Total | 112619 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 73239473 | TotalSupport |
| Gross Receipts From Admissions Etc | 1447616 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.43130 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.47680 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 2145300 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 29523196 | BeginningOfYearBalance |
| Contributions | 1793821 | Contributions |
| Investment Earnings Or Losses | 4990344 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 395965 | GrantsOrScholarships |
| Other Expenditures | 457837 | OtherExpenditures |
| End Of Year Balance | 35453559 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24764327 | BeginningOfYearBalance |
| Contributions | 2679372 | Contributions |
| Investment Earnings Or Losses | 2781043 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 344597 | GrantsOrScholarships |
| Other Expenditures | 356949 | OtherExpenditures |
| End Of Year Balance | 29523196 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26781516 | BeginningOfYearBalance |
| Contributions | 3838833 | Contributions |
| Investment Earnings Or Losses | -5259539 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 361786 | GrantsOrScholarships |
| Other Expenditures | 234697 | OtherExpenditures |
| End Of Year Balance | 24764327 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.13190 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.86810 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1923713 | OtherCostOrOtherBasis |
| Book Value | 1923713 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73728270 | OtherCostOrOtherBasis |
| Depreciation | 18928810 | Depreciation |
| Book Value | 54799460 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1127901 | OtherCostOrOtherBasis |
| Depreciation | 910477 | Depreciation |
| Book Value | 217424 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19200 | OtherCostOrOtherBasis |
| Book Value | 19200 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 56959797 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS | 8716720 | F |
| BENEFICIAL INTEREST TRUSTS | 187351 | F |
| FIXED INCOME FUNDS | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 8904071 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ASSET RETIREMENT OBLIGATION | $905,500 |
| CONSTRUCTION COSTS PAYABLE | $98,747 |
| DISCOUNT FOR FUTURE INTEREST | $66,473 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1070720 | TotalOfAmounts |
| Total Revenue | 5382290 | TotalRevenue |
| Total Expenses | 4527521 | TotalExpenses |
| Excess Or Deficit For Year | 854769 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 5116231 | NetUnrealizedGLOnInvestments |
| Other | $57,639 | OtherAmount |
| Total Adjustments | 5173870 | TotalAdjustments |
| Excess Or Deficit Per FS | 6028639 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20038685 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5116231 | NetUnrealizedGainsInvestments |
| Other Revenues | 63920 | OtherRevenues |
| Revenue Not Rptd F990 | 5180151 | RevenueNotRptdF990 |
| Revenue Subtotal | 14858534 | RevenueSubtotal |
| Investment Expenses Not Included | 104801 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -9581045 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -9476244 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5382290 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14010046 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 9587326 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 9587326 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4422720 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 104801 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 104801 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4527521 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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. |
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | CONSOLIDATED ENTITY ACTIVITY - UABDC 63,920 RENTAL REAL ESTATE EXPENSES 9,467,887 PROVISION FOR UNCOLLECTIBLE PLEDGES 539 DIRECT EXPENSES FOR FUNDRAISING EVENTS 112,619 RENTAL REAL ESTATE EXPENSES -9,467,887 DIRECT EXPENSES FOR FUNDRAISING EVENTS -112,619 PROVISION FOR UNCOLLECTIBLE PLEDGES -539 CONSOLIDATED ENTITY ACTIVITY - UABDC -6,281 |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | CONSOLIDATED ENTITY ACTIVITY - UABDC 63,920 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | RENTAL REAL ESTATE EXPENSES -9,467,887 PROVISION FOR UNCOLLECTIBLE PLEDGES -539 DIRECT EXPENSES FOR FUNDRAISING EVENTS -112,619 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 2D | RENTAL REAL ESTATE EXPENSES 9,467,887 DIRECT EXPENSES FOR FUNDRAISING EVENTS 112,619 PROVISION FOR UNCOLLECTIBLE PLEDGES 539 CONSOLIDATED ENTITY ACTIVITY - UABDC 6,281 |
| SUPPLEMENTAL FINANCIAL INFORMATION | SCHEDULE D, PAGE 4, PART XIV | PART XI, LINE 8 - RECONCILIATION OF CHANGES - OTHER: THE FINANCIAL STATEMENTS INCLUDE THE NET ACTIVITY OF THE CONSOLIDATED ENTITY - UABDC IN THE AMOUNT OF 57,639. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintained |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE F, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | THE UNIVERSITY AT ALBANY FOUNDATION DOES NOT ISSUE GRANTS OR ASSISTANCE OUTSIDE THE UNITED STATES. SCHEDULE F IS FILED SOLELY TO DISCLOSE THE FOUNDATION'S ANSWERS TO PART IV. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CITIZEN LAUREAT | NameOfEvent1 |
| Gross Receipts Event1 | 168659 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 129170 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 39489 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 970 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 35994 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 2525 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ATHLETICS GOLF | NameOfEvent2 |
| Gross Receipts Event2 | 119066 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 60273 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 58793 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 133 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 53748 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 1902 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 3010 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 42461 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 28124 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 14337 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 5211 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 6126 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 3000 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 330186 | GrossReceiptsTotal |
| Charitable Contributions Total | 217567 | CharitableContributionsTotal |
| Gross Revenue Total Events | 112619 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 1103 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 94953 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 8028 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 8535 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 112619 | DirectExpenseSummaryEvents |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| ALBANY COLLEGE INTERFAITH CENTER | ||||||||||
| UNIVERSITY AT ALBANY CHAPEL HOUSE | ALBANY | NY | 12222 | 141710033 | 3 | 10000 | GENERAL SUPPORT | |||
| STATE UNIV OF NEW YORK AT ALBANY | ||||||||||
| 1400 WASHINGTON AVE | ALBANY | NY | 12222 | 147400260 | GOV | EQUIP CONTRIBUTION | 94397 | FMV | EQUIPMENT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIPS | 500 | 481962 |
| HOUSING | 1 | 5000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEFFREY JONES | NamePerson |
| Base Compensation Filing Org | 142221 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 14204 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 1244 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 157669 | TotalCompensationFilingOrg |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FRINGE OR EXPENSE EXPLANATION | Identifier |
| Return Reference | SCHEDULE J, PAGE 1, PART I, LINE 1A | ReturnReference |
| Explanation | THE FOUNDATION PAID SOCIAL CLUB DUES FOR FARDIN SANAI (EXECUTIVE DIRECTOR) AND GEORGE PHILIP (DIRECTOR). THE DUES HAVE BEEN REPORTED AS TAXABLE COMPENSATION. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| RENSSELAER COUNTY IDA | ||||||
| 141614433 | 2003-12-30 | 3215000 | CANCER RESEARCH CENTER | false | false | false |
| RENSSELAER COUNTY IDA | ||||||
| 141614433 | 2004-03-03 | 6785000 | CANCER RESEARCH CENTER | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|
| 3215000 | 64300 | 3150700 | 2006 | false | false | true | true |
| 6785000 | 107190 | 6677810 | 2006 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | false |
| false | false | false | false | false | false |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MEG PICOTTE MACCLARENCE | |||
| DIRECTOR | 308994 | FACILITY MANAGEMENT | false |
| CARL FLORIO | |||
| DIRECTOR | 1113039 | BANK LOAN PAYMENTS | false |
| GEORGE PHILIP | |||
| DIRECTOR | 1113039 | BANK LOAN PAYMENTS | false |
| CARL FLORIO | |||
| DIRECTOR | 35490 | BANK INTEREST | false |
| GEORGE PHILIP | |||
| DIRECTOR | 35490 | BANK INTEREST | false |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 18 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 283884 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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. |
| FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES | FORM 990, PART V, LINE 4B | CAYMAN ISLANDS |
| 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. |
| 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. APPROVAL TO FILE IS GIVEN TO MANAGEMENT BY THE AUDIT COMMITTEE. A COPY OF FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR COMMENT PRIOR TO FILING. |
| 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. |
| 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. |
| 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 24F | MAILING AND POSTAGE 100,916 RENTAL, REPAIR, AND MAINT 83,712 PRINTING 71,858 DONOR CULTIVATION 66,618 BOOKS AND PUBLICATIONS 53,575 DUES, MEMBERSHIPS AND FEE 51,928 SPECIAL EVENTS 38,061 TELEPHONE 1,231 |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS INCLUDE THE FOLLOWING: NET UNREALIZED GAINS ON INVESTMENTS - 5,116,231 PROPERTY TRANSFER TO RELATED ENTITY - UABDC - (527,359) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY AT ALBANY BIOSCIENCE | BusinessNameLine1 |
| Business Name Line2 | DEVELOPMENT CORPORATION | BusinessNameLine2 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WASHINGTON AVE UAB 226 | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12222 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364619281 | EIN |
| Primary Activities | REAL ESTAT | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501C25 | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY | BusinessNameLine1 |
| Business Name Line2 | AT ALBANY FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY AT ALBANY BIOSCIENCE | BusinessNameLine1 |
| Business Name Line2 | DEVELOPMENT CORPORATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionType |
| Amount Involved | 527359 | AmountInvolved |
| Method Of Amt Determination | BOOK VALUE | MethodOfAmtDetermination |
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