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Education : Scholarship and Financial Support (Grantmaking)

State University College at Oneonta Foundation Corporation

Enhancing the academic status of the State University College at Oneonta

four stars

94.34

308 Netzer Administration Building College at Oneonta
Oneonta, NY 13820
tel: (607) 436-2535   Web Site
EIN: 22-2403203

Board Leadership
Paul Perlman
President

CEO
Paul Adamo
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 94.34 four stars
  Financial 100.00 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Founded in 1982, the State University College at Oneonta Foundation Corporation works to raise and administer gifts and grants to enhance the academic status of the College through endowment, scholarships, and institutional programs. Over the past three decades, the Foundation has cultivated a $49 million endowment which supports scholarships, faculty/student research, academic rewards and endowed lectureships; implemented the Netzer Planned Giving Society which recognizes individuals who name the College Foundation in their will or estate plan; enhanced publications such as Reflections and the President's Report and the Annual Report of Giving.

Founded in 1982, the State University College at Oneonta Foundation Corporation works to raise and administer gifts and grants to enhance the academic status of the College through endowment, scholarships, and institutional programs. Over the past three decades, the Foundation has cultivated a $49 million endowment which supports scholarships, faculty/student research, academic rewards and endowed lectureships; implemented the Netzer Planned Giving Society which recognizes individuals who name the College Foundation in their will or estate plan; enhanced publications such as Reflections and the President's Report and the Annual Report of Giving.

Results Information

Reported Results
Total in 2016
Number of students enrolled
6,056
Number of alumni (regardless of last date of enrollment) who submit updated contact information to the alumni office within the most recent academic year
12,037
Number of entrance scholarships and awards and exit scholarships
1,680
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This results data is current as of November 2017, when it was provided to us by GuideStar. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

four stars

100.00

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
91.7%
  Administrative Expenses 5.5%
  Fundraising Expenses 2.7%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 4.50
  Program Expenses Growth 10.9%
  Liabilities to Assets 0.5%
All data for Financial Performance Metrics calculations was provided by State University College at Oneonta Foundation Corporation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by State University College at Oneonta Foundation Corporation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
State University College at Oneonta Foundation Corporation (NY) 94.34 four stars
Schoolseed Foundation (TN) 87.25 three stars
Achievement First (CT) 85.00 three stars
Naval War College Foundation (RI) 94.08 four stars
Nashville Public Education Foundation (TN) 90.90 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,543,589
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $73,349
   Related Organizations $0
   Government Grants $0
Total Contributions $2,616,938
   Program Service Revenue $0
Total Primary Revenue $2,616,938
   Other Revenue $675,282
TOTAL REVENUE $3,292,220
   
EXPENSES  
   Program Expenses $3,297,081
   Administrative Expenses $201,739
   Fundraising Expenses $95,880
TOTAL FUNCTIONAL EXPENSES $3,594,700
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-302,480
   
Net Assets $48,837,059

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Endowment $1,439,362 43.7%
Departmental $1,597,505 48.4%
General $245,442 7.4%

Ratings History
State University College at Oneonta Foundation Corporation has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 06/01/2017 94.34 four stars
2015-06 07/01/2016 91.51 four stars
2014-06 06/01/2016 92.22 four stars
 
CN 2.0
2014-06 09/01/2015 92.19 four stars
2013-06 06/01/2014 94.31 four stars
2012-06 05/01/2013 94.31 four stars
2011-06 09/01/2012 97.07 four stars
2011-06 05/01/2012 89.36 three stars
2010-06 09/20/2011 89.35 three stars
 
CN 1.0
2010-06 04/01/2011 97.65 four stars
2009-06 04/01/2010 98.82 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 22-2403203
Name in IRS Master File THE STATE UNIVERSITY COLLEGE AT ONEONTA FOUNDATION CORPORATION
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(30) School, college, trade school, etc.
(43) Other student aid
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
Not compensated -- Paul Adamo Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
State University College at Oneonta Foundation Corporation (NY) 94.34 four stars
Garden of Dreams Foundation (NY) 88.54 three stars
South Carolina Governor's School for Science and Math Foundation (SC) 89.14 three stars
Basic Fund (CA) 91.36 four stars
Boston Arts Academy Foundation (MA) 89.32 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

State University College at Oneonta Foundation Corporation
308 Netzer Administration Building
College at Oneonta
Oneonta, NY 13820
tel: (607) 436-2535
EIN: 22-2403203

Visit Web Site

Board Leadership

Paul Perlman
President

CEO

Paul Adamo
Executive Director

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