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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

92.96

308 Netzer Administration Building 108 Ravine Parkway
Oneonta, NY 13820
tel: (607) 436-2535   Web Site
EIN: 22-2403203

Board Leadership
Patrick McCann
President

CEO
Paul Adamo
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 92.96 four stars
  Financial 92.94 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 05/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The State University College at Oneonta Foundation will provide a
$100 million endowment supporting affordable access to high-quality academic experiences for students at SUNY Oneonta. Alumni and friends will be engaged through the Foundation to identify and promote programs that enhance our students' college experiences and long-term goals.

The State University College at Oneonta Foundation will provide a
$100 million endowment supporting affordable access to high-quality academic experiences for students at SUNY Oneonta. Alumni and friends will be engaged through the Foundation to identify and promote programs that enhance our students' college experiences and long-term goals.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Showing 3 of 4
Total in 2018
Number of students enrolled
6,543
Number of alumni (regardless of last date of enrollment) who submit updated contact information to the alumni office within the most recent academic year
12,984
Number of entrance scholarships and awards and exit scholarships
1,672
Number of students who receive scholarship funds and/or tuition assistance
3,653
This impact information is current as of October 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

92.94

Accountability & Transparency

four stars

93.00

This rating was published 05/01/2019 and includes data from FY2018, 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)
90.7%
  Administrative Expenses 6.7%
  Fundraising Expenses 2.4%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 5.07
  Program Expenses Growth 2.9%
  Liabilities to Assets 0.4%
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) 92.96 four stars
Mark Wahlberg Youth Foundation (MA) 89.48 three stars
Association of Graduates of the United States Air Force Academy (CO) 95.47 four stars
The Public Education Foundation (NV) 88.10 three stars
The Foundation for Oklahoma City Public Schools (OK) 91.16 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $8,497,712
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $70,650
   Related Organizations $0
   Government Grants $0
Total Contributions $8,568,362
   Program Service Revenue $0
Total Primary Revenue $8,568,362
   Other Revenue $4,671,213
TOTAL REVENUE $13,239,575
   
EXPENSES  
   Program Expenses $3,310,990
   Administrative Expenses $300,730
   Fundraising Expenses $84,980
TOTAL FUNCTIONAL EXPENSES $3,696,700
   
Payments to Affiliates $0
Excess (or Deficit) for the year $9,542,875
   
Net Assets $61,144,574

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
Departmental $1,614,045 48.7%
Endowment $1,518,009 45.8%
General $157,278 4.8%

Ratings History
State University College at Oneonta Foundation Corporation has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 05/01/2019 92.96 four stars
2017-06 06/01/2018 96.44 four stars
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, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
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) 92.96 four stars
USMMA Alumni Association and Foundation (NY) 92.52 four stars
American Friends of the Hebrew University (NY) 89.22 three stars
Fabretto (IL) 90.58 four stars
Fund for Public Schools (NY) 89.86 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
108 Ravine Parkway
Oneonta, NY 13820
tel: (607) 436-2535
EIN: 22-2403203

Visit Web Site

Board Leadership

Patrick McCann
President

CEO

Paul Adamo
Executive Director

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